Application Security Market Analysis By Solution, Services, Testing Type, Deployment, Organization Size, End-Use And Segment Forecast 2014-2025

Global Application Security Market is expected to reach USD 10.7 billion by 2025, according to a new report by Grand View Research, Inc. Increasing targeted attacks on the applications is anticipated to be a major factor that is expected to drive market growth. In addition, BYOD adoption in the organizations that are deploying application security services and solutions to protect against potential threats has contributed to the market demand.

DAST (Dynamic Application Security Testing) is expected to significantly contribute to the market revenue, with a market size of over USD 4 billion by 2025. It delivers various advantages that include comprehensive vulnerability coverage, false positive reduction, entire code coverage that comprises the frameworks and libraries, and zero process disruption.

Web application solution was the largest application security market in 2015 valued at USD 1.75 billion and is expected to observe declining growth over the forecast period. Mobile application solution market is expected to grow at a CAGR of 25.9% from 2016 to 2025.

Government agencies hold, access, and manage large amounts of sensitive data. The government and defense vertical, currently is susceptible to major cyber-attacks and security breaches. According to Veracode report, three out four application used by government agencies does not meet basic security compliances thereby by creating high opportunity for market vendors. The market for government and defense segment is expected to grow at a CAGR of 18.3% between 2016 to 2025. The market is also anticipated to witness a substantial growth in the BFSI vertical, IT and telecom and healthcare over the forecast period.

Full Research Report on Global Application Security Market Analysis:
http://www.grandviewresearch.com/industry-analysis/application-security-market

Further key findings from the report suggest:

• The application security market accounted for USD 2.05 billion and is expected to grow at a CAGR of 17.7% from 2016 to 2025
• Web application security emerged as the largest segment in 2015 and is expected to leverage machine learning to catalyze growth opportunities
• The application security market size in large enterprises was value USD 1.25 billion in 2015 and is anticipated to witness substantial growth over the next nine years
• The U.S. managed services market was valued as USD 478.5 million in 2015 and is expected to gain traction owing to strong compliance requirements
• The industry in Asia Pacific is projected to witness substantial growth over the next decade owing to various developments, especially in the mobile application security market. The regional market is expected to grow at a CAGR of 24.9% from 2016 to 2025
• Key players including IBM, Hewlett Packard Enterprise, Qualys Inc., Veracode and WhiteHat Security dominated the market while accounting 50% share of the total market in 2015

View more reports of this category by Grand View Research at: http://www.grandviewresearch.com/industry/network-security-software-and-services

Grand View Research has segmented the Global Application Security Market on the basis of solution, services, testing, deployment, organization size, end-use and region:

Application Security Solution Outlook (Revenue, USD Million, 2014 - 2025)

• Web application security
• Mobile application security

Application Security Services Outlook (Revenue, USD Million, 2014 - 2025)

• Managed
• Professional

Application Security Testing type Outlook (Revenue, USD Million, 2014 - 2025)

• Static Application Security Testing (SAST)
• Dynamic Application Security Testing (DAST)
• Interactive Application Security Testing (IAST)
• Runtime Application Self-Protection (RASP)

Application Security Deployment Outlook (Revenue, USD Million, 2014 - 2025)

• Cloud
• On-premise

Application Security Organization size Outlook (Revenue, USD Million, 2014 - 2025)

• Small and medium enterprise
• Large enterprise

Application Security End-Use Outlook (Revenue, USD Million, 2014 - 2025)

• BFSI
• Government and defense
• Healthcare
• IT & Telecom
• Manufacturing
• Retail
• Others

Application Security Regional Outlook (Revenue, USD Million, 2014 - 2025)

• North America
• U.S.
• Canada
• Europe
• Germany
• France
• UK
• Rest of Europe
• Asia Pacific
• China
• India
• Japan
• Rest of APAC
• Latin America
• Brazil
• Mexico
• Rest of Latin America
• Middle East & Africa

View Press Release of this research report by Grand View Research: http://www.grandviewresearch.com/press-release/global-application-security-market                          

About Grand View ResearchGrand View Research, Inc. is a U.S. based market research and consulting company, registered in the State of California and headquartered in San Francisco. The company provides syndicated research reports, customized research reports, and consulting services. To help clients make informed business decisions, we offer market intelligence studies ensuring relevant and fact-based research across a range of industries, from technology to chemicals, materials and healthcare.

For More Information: www.grandviewresearch.com

Application Delivery Controller Market Analysis By Deployment Enterprise Size, End-Use, And Segment Forecasts To 2024

Global Application Delivery Controller (ADC) Market is expected to reach USD 4.34 billion by 2024, according to a new report by Grand View Research, Inc. The application delivery controller market is anticipated to witness a high growth over the forecast period. This may be accredited to the increasing globalization and distributed enterprise architecture, which requires networks that can deliver their business-critical applications faster, thereby ensuring security. 

The increase in the data center traffic and the growing ADC popularity, particularly in the consolidated data center segment, are expected to be the major factors spurring the ADC market growth over the forecast period.

The increasing adoption of the BYOD phenomenon has led to the widespread usage of tablets and smartphones particularly in large organizations as it significantly increases the scope and span of enterprises. This, in turn, has resulted in a rise in the ADC demand in order to balance and maintain the server load. In addition, emerging technologies, such as software-defined storage (SDS) and software-defined networking (SDN), are also anticipated to spur the ADC market growth over the coming years.

Full Research Report on Global Application Delivery Controller (ADC) Market Analysis: http://www.grandviewresearch.com/industry-analysis/application-delivery-controller-market

Further key findings from the report suggest:

• The virtual segment captured over 30% of the total revenue share in 2015 and is anticipated to exhibit growth exceeding 5.0% from 2016 to 2024. This can be attributed to the improved IT agility, performance, and cost benefits offered by them over the hardware-based ADCs as well as the increasing cloud-based data center traffic.
• The small & medium enterprise (SME) segment is expected to gain prominence over the forecast period exceeding a compound annual growth rate of 5% from 2016 to 2024. This is ascribed to the increasing adoption of web-enabled services and web-based apps for running their business as well as to the proliferation of internet-enabled devices.
• The IT & telecom segment accounted for a significant revenue share in 2015 capturing over 25% of the overall revenue share in the same year. The segment is expected to grow at a CAGR exceeding 5.5% from 2016 to 2024. This is majorly due to the integration of ADCs into enterprise IT systems to enhance efficiency.
• Asia Pacific is expected to emerge as the fastest growing segment accounting for more than 20% of the overall share in 2015. This growth is due to increasing investments in the IT infrastructure, primarily in China and India. Furthermore, the rising demand in this region can be ascribed to the high market penetration, owing to the webification of organizational applications along with the growing ADC application in server firewalls and network security systems.
• The key application delivery controller market purveyors comprise F5 Networks Inc., Citrix Systems, A10 Networks Inc., Array Networks, Inc., and Brocade Communications Systems, Inc. Companies, with their extensive distribution channels and worldwide presence, lay emphasis on adopting the best practices for developing solutions to achieve competitive advantage in this industry.

View more reports of this category by Grand View Research at: http://www.grandviewresearch.com/industry/network-security-software-and-services

Grand View Research has segmented the Global Application Delivery Controller Market on the basis of deployment, enterprise size, end-use, and region:

Application Delivery Controller Deployment Outlook (Revenue, USD Million; 2014 - 2024)

• Hardware-based ADCs
• Virtual ADCs

Application Delivery Controller Enterprise Size Outlook (Revenue, USD Million; 2014 - 2024)

• Small & Medium Enterprise
• Large Enterprise

Application Delivery Controller End-Use Outlook (Revenue, USD Million; 2014 - 2024)

• IT & Telecom
• BFSI
• Government
• Healthcare
• Retail
• Others

Application Delivery Controller Regional Outlook (Revenue, USD Million; 2014 - 2024)

• North America
• U.S.
• Canada
• Europe
• U.K
• Germany
• France
• Asia Pacific
• China
• India
• Japan
• Latin America
• Brazil
• Mexico
• MEA
• Saudi Arabia
• UAE

View Press Release of this research report by Grand View Research: http://www.grandviewresearch.com/press-release/global-application-delivery-controller-market                         

About Grand View ResearchGrand View Research, Inc. is a U.S. based market research and consulting company, registered in the State of California and headquartered in San Francisco. The company provides syndicated research reports, customized research reports, and consulting services. To help clients make informed business decisions, we offer market intelligence studies ensuring relevant and fact-based research across a range of industries, from technology to chemicals, materials and healthcare.

For More Information: www.grandviewresearch.com

Steel Market Is Expected To Grow At A CAGR Of 2.6% During Forecast Period 2014-2025

Global Steel Market is expected to reach USD 1.01 trillion by 2025, according to a new report by Grand View Research, Inc. Growing inclination of contractors towards sustainable, low cost and durable building materials is driving steel demand in upcoming residential projects & industrial infrastructure.

Technological advancements have made pre-engineered metal buildings with high structural integrity a reality, where steel plays an essential function in lending stability, aesthetic appeal and design flexibility. Stringent regulations promoting green & energy-efficient buildings is also contributing to steel demand, especially in industrial structures.

The Asia Pacific market is relatively subdued, but displays high growth owing to exponential growth in the Indian market as of 2017 on account of protectionist measures & rising demand. About 1/3rd of Chinese exports are shipped to countries in Southeast Asia owing to anti-dumping policies by western countries, which has contributed to economic growth and infrastructure development in these countries.

Hot rolled products dominated the steel industry with over 75% of the volume share in 2016. These products are widely utilized in automobile structures such as frames, wheel and other parts as well as welding and construction trades among others.

Full Research Report on Global Steel Market Analysis: http://www.grandviewresearch.com/industry-analysis/steel-market

Further key findings from the report suggest:

• The global steel demand exceeded 1.71 million tons in 2016 and is expected to grow at a CAGR of 2.1% from 2017 to 2025
• Steel tubes are anticipated to grow at above 3% CAGR in terms of volume, owing to high demand for underground pipelines in fuel & water transportation
• Cold rolled products are expected to grow at 3.1% CAGR in terms of revenue, owing to their excellent inherent as well as physical properties including high concentricity and tensile strength, straightness and better aesthetic appeal
• Pre-engineered metal building (PMB) structures are increasingly replacing other conventional structures since they are over 30% lighter, providing simpler and lightweight designs
• Steel roofs & walls are expected to grow at a CAGR of 2.7% in terms of revenue; they generally aid in minimizing energy loss, heat gain whilst maximizing thermal comfort and fire safety properties in PMBs
• North America & Europe are expected to remain dominant yet mature steel-consuming regions, owing to market saturation and low construction spending as compared to emerging economies; however, rising housing starts in the U.S. may offer lucrative opportunities for innovative producers & distributors
• Major industry participants include Emirates Steel, Hamriyah Steel FZC, Al Nasser Industrial Enterprises LLC, United Iron & Steel Co., Al Ghurair Iron & Steel Co., Al Rajhi Steel, Absal Steel, ArcelorMittal, Hadeed (SABIC), and Solb Steel Company among others

View more reports of this category by Grand View Research at: http://www.grandviewresearch.com/industry/automotive-and-aerospace-interior-materials

Grand View Research has segmented the Global Steel Market on the basis of product, application, and region:

Steel Product Outlook (Volume, Kilo Tons; Revenue, USD Million, 2014 - 2025)

• Hot Rolled Steel
• Cold Rolled Steel
• Direct Rolled Steel
• Tubes
• Other Profiles

Steel Application Outlook (Volume, Kilo Tons; Revenue, USD Million, 2014 - 2025)

• Pre-Engineered Metal Buildings
• Primary Members
• Secondary Members
• Roofs & Walls
• Panels
• Bridges
• Industrial Structures

Steel Regional Outlook (Volume, Kilo Tons; Revenue, USD Million, 2014 - 2025)

• North America
• U.S.
• Canada
• Europe
• Germany
• France
• UK
• Asia Pacific
• China
• India
• Japan
• Latin America
• Mexico
• Brazil
• Middle East & Africa
• Bahrain
• Egypt
• Iran
• Iraq
• Jordan
• Kuwait
• Libya
• Oman
• Qatar
• Saudi Arabia
• Sudan
• Syria
• Turkey
• United Arab Emirates

View Press Release of this research report by Grand View Research: http://www.grandviewresearch.com/press-release/global-steel-market                        

About Grand View ResearchGrand View Research, Inc. is a U.S. based market research and consulting company, registered in the State of California and headquartered in San Francisco. The company provides syndicated research reports, customized research reports, and consulting services. To help clients make informed business decisions, we offer market intelligence studies ensuring relevant and fact-based research across a range of industries, from technology to chemicals, materials and healthcare.

For More Information: www.grandviewresearch.com

Fiber Optics Market Analysis By Type Application Region And Segment Forecast Up To 2025

Global Fiber Optics Market is expected to reach USD 9.12 billion by 2025, according to a new report by Grand View Research, Inc. The growing necessity of data security in the military & aerospace sector has increased the growth and penetration of this technology. There is a huge demand for fiber optic connectors in the security sector owing to their bandwidth capabilities, inherent security, and protection against signal interference. The growing adoption of the optical technology in medical and aerospace arenas is anticipated to revolutionize the market by 2025.

Leading players integrate vertically across the entire supply chain to stay ahead in the competition by compensating for inadequacies, increasing revenue, and eliminating competitive scenarios. The upcoming era is expected to witness the adoption of technology in the dynamic application segment that includes railways, architecture & construction, and BFSI, owing to the growing automated high-tech maintenance requisites and escalating importance of data (as an asset).

The growing penetration of technology is encouraging manufacturers and suppliers to invest in research & development for creating better products. As the production and installation of products tend to be quite tedious and costly processes, researchers are focusing on innovating reliable and cost-effective products. Accordingly, production is being optimized by manufacturers worldwide, regulating efficiency and prices to curb alternatives to fiber optics technology.

The market by varied categories of fiber optics includes single-mode, multimode, and plastic optical fibers. Based on application type, the market has been segmented into telecom, oil & gas, military & aerospace, BFSI, medical, railway, and other associated technology applications. The telecom sector is the biggest application sector in terms of size and is subject to regulations imposed by the government and other related regulatory authorities. From the manufacturing of to their application, several regulations are to be followed by manufacturers and suppliers. These regulations vary depending on the additions or innovations in technology.

Full Research Report on Global Fiber Optics Market Analysis: http://www.grandviewresearch.com/industry-analysis/fiber-optics-market

Further key findings from the report suggest:

• The multimode segment dominated the overall market in 2015. The multimode technology allows simultaneous propagation of multiple modes of light. This enhances the transfer rate of audio/video applications, particularly in Local Area Networks (LANs).
• The growing demand for optic cables can be accredited to the rising bandwidth needs across carriers and enterprise networks.
• Fiber optics has exciting new applications in the medical industry and is mainly used in light conduction and illumination, flexible bundling, and laser delivery systems.
• The North American region dominated the market and accounted for the largest global market share (in terms of revenue) in 2015.
• Key industry participants include Corning, Inc. (U.S.), Optical Cable Corporation (U.S.), Sterlite Technologies Limited (India), and OFS Fitel, LLC (U.S.).

View more reports of this category by Grand View Research at: http://www.grandviewresearch.com/industry/semiconductors

Grand View Research has segmented the Global Fiber Optics Market based on type, application, and region:

Type Outlook (Revenue, USD Million; 2014 - 2025)

• Single Mode
• Multimode
• Plastic Optical Fiber (POF)

Application Outlook (Revenue, USD Million; 2014 - 2025)

• Telecom
• Oil & Gas
• Material Sensing
• High Bandwidth Communications
• Others
• Military & Aerospace
• Secure Communication
• Weapon System
• Surveillance System
• Optical Computing
• UAV
• Military Vehicle Sensing
• BFSI

·         Medical

·         Biomedical Sensing

·         Minimal Invasive Surgery

·         Imaging

§  Endoscopy

§  MRI

§  CT

§  PET

§  X-Ray

§  Others

·         Railway

·         Railway Maintenance

·         Speed Monitoring

·         Dynamic Load Calculation

·         Others

Regional Outlook (Revenue, USD Million; 2014 - 2025)

• North America
• U.S.
• Canada
• Mexico
• Europe
• Germany
• UK
• Asia Pacific
• China
• Japan
• India
• South America
• Brazil
• MEA

View Press Release of this research report by Grand View Research: http://www.grandviewresearch.com/press-release/global-fiber-optics-market                     

About Grand View ResearchGrand View Research, Inc. is a U.S. based market research and consulting company, registered in the State of California and headquartered in San Francisco. The company provides syndicated research reports, customized research reports, and consulting services. To help clients make informed business decisions, we offer market intelligence studies ensuring relevant and fact-based research across a range of industries, from technology to chemicals, materials and healthcare.

For More Information: www.grandviewresearch.com

Autoimmune Disease Diagnostics Market Analysis by Type, Region, And Trends Analysis And Forecast Up to 2025

Global Autoimmune Disease Diagnostics Market is expected to reach a value of USD 5.0 billion by 2025, based on a new report by Grand View Research, Inc. Government organizations along with related associations strive to curb such high healthcare costs and simultaneously provide improved diagnostic and therapeutic solutions to the patients. This has resulted in increased funding by the NIH for R&D programs related to autoimmune diseases.

Moreover, presence of favorable government initiatives aimed at curbing incidence of these diseases and developing viable diagnostic & treatment options is expected to drive market growth over the forecast period.

Growing volume of autoimmune diagnostic procedures has heightened the need for instruments and facilities rendering faster and effective results. In an attempt to cater to ever-increasing procedure volumes, diagnostic laboratories are rapidly moving toward automation. Lab automation helps decrease workload via rapid turnaround times and helps generate standardized & reproducible results.

Full Research Report On Global Autoimmune Disease Diagnostics Market Analysis:
http://www.grandviewresearch.com/industry-analysis/autoimmune-disease-diagnostics-industry

Further key findings from the study suggest:

• Localized autoimmune disease diagnostics was the largest segment in 2015 owing to high usage for type 1 diabetes and idiopathic thrombocytopenic purpura
• Type 1 diabetes is estimated to grow at a significant growth rate of over 4.0% in localized disease type segment
• Systemic disease diagnostics is anticipated to witness lucrative CAGR of around 5.0% over the forecast period due to increasing R&D for the development of novel diagnostic biomarkers for the treatment of rheumatoid arthritis and systemic lupus erythematosus
• Rheumatoid arthritis is one of the most recurring autoimmune disorders further demanding high amount of rapid diagnostics for exploring better alternative treatments
• North America was the largest regional market in 2015. High market penetration rate of technologically advanced products and increased lab automation rate are some of the factors contributing to its large share
• Asia Pacific region is anticipated to grow at the fastest CAGR of above 4.0% over the forecast period owing to increasing focus on type 1 diabetes diagnosis
• Some of the key players of this market include F. Hoffmann-La Roche Ltd; Siemens Healthineers; Abbott Laboratories; Beckman Coulter, Inc.; SQI Diagnostics; Quest Diagnostics; EUROIMMUN AG; AESKU. Diagnostics; Inova Diagnostics, Inc.; Crescendo Bioscience, Inc.; bioMerieux SA; Bio-Rad Laboratories, Inc.; and Hemagen Diagnostics, Inc.

View more reports of this category by Grand View Research at: http://www.grandviewresearch.com/industry/clinical-diagnostics

Grand View Research has segmented the Global Autoimmune Disease Diagnostics Market by type and region:

Autoimmune Disease Diagnostics Type Outlook (Revenue, USD Million, 2014 - 2025)

• Systemic autoimmune disease diagnostics
• Rheumatoid arthritis
• Ankylosing spondylitis
• Systemic lupus erythematosus (SLE)
• Others
• Localized autoimmune disease diagnostics
• Multiple sclerosis
• Type 1 diabetes
• Hashimoto's Thyroiditis
• Idiopathic thrombocytopenic purpura
• Others

Autoimmune Disease Diagnostics Regional Outlook (Revenue, USD Million, 2014 - 2025)

• North America
• U.S.
• Canada
• Europe
• Germany
• UK
• Asia Pacific
• China
• Japan
• India
• Latin America
• Mexico
• Brazil
• MEA
• South Africa

View Blog On this research report by Grand View Research: http://www.grandviewresearch.com/blog/autoimmune-disease-diagnostics-market-size                             

About Grand View ResearchGrand View Research, Inc. is a U.S. based market research and consulting company, registered in the State of California and headquartered in San Francisco. The company provides syndicated research reports, customized research reports, and consulting services. To help clients make informed business decisions, we offer market intelligence studies ensuring relevant and fact-based research across a range of industries, from technology to chemicals, materials and healthcare.

For More Information: www.grandviewresearch.com

Augmented Reality Industry Outlook By Executive Summary, Vendor Landscape, Market Dynamics, Market Size And Growth Prospects 2014-2024

Augmented Reality (AR) Market size is expected to reach USD 100.24 billion by 2024, according to a new report by Grand View Research, Inc. The AR market is expected to witness a substantial growth owing to advances in hardware technologies and sophisticated mobile software.

Emerging trends such as mounting convergence between wearable devices, AR, and Internet of Things (IoT) are anticipated to drive demand. The convergence amongst these technologies is expected to provide more interactive and immersive user experience.

AR has been used efficiently in marketing and PR initiatives for television, motion picture and other media promotional campaigns. Hence, growing adoption of AR technology by the entertainment sector is projected to drive the market over the forecast period.

Rising conceptualization in entertainment-related plans is observed as a lucrative opportunity for the industry. For example, Magic Leap, an augmented reality company, is developing a technology called as Dynamic Digitized Lightfield Signal that shines on the retina of the user and allows interaction between fictional characters and the real world.

Full Research Report on Global Augmented Reality (AR) Market Analysis:
http://www.grandviewresearch.com/industry-analysis/augmented-reality-market

Further key findings from the report suggest:

• The hardware segment is estimated to grow at a CAGR of over 90% over the forecast period. Companies such as Sony and Microsoft are expected to commercialize their devices in 2016, which is expected to bolster growth over the forecast period. Further, several companies are working on enhancing the quality of sensors and processors used in AR devices. For instance, Google has collaborated with the chip manufacturers to build camera components and processors for Android phones.
• Increasing penetration of smartphones and tablets are expected to drive the software segment, growing at a CAGR of over 55% from 2016 to 2024. Increasing demand for AR apps in retail, gaming and entertainment is expected to contribute to the industry growth.
• The head-mounted display (HMD) segment is anticipated to dominate the market growing at a CAGR of nearly 70%from 2016 to 2024. It can be attributed to the increasing scope of applications across the military, medicine, scientific visualization, manufacturing, education, training, navigation, and entertainment. The other factors driving demand include better content connectivity, enhanced user-experience and improved Field of View (FOV).
• The adoption of smart glasses is expected to increase significantly in the consumer segment. Several companies are developing advanced smart glasses which are more user-friendly, light weight and offer better FOV.
• Automotive sectors expected to grow at CAGR of over 70% over the forecast period. Virtual technologies are increasingly used in automotive in response to the rising number of model and equipment variants in the vehicle design and development process. For instance, Volkswagen used spatial AR to put across virtual data onto the actual vehicle design models that allow the analyses of components. As a result, it saves time and cost required for product development.
• Asia Pacific AR market is estimated to reach over USD 44.30 billion by 2024. China is anticipated to drive regional growth with the increase in adoption of AR devices and mobile apps. In 2014, China witnessed a rapid enhancement in hardware manufacturing, as a result, several chipset manufacturers are planning to support AR technology by immensely investing in the technology.
• The key industry participants include AU Optronics Corp., Cambridge Display Technology Ltd., LG Display Co., Mitsubishi Electric Corporation, Panasonic Corporation, Sony Corp., and Toshiba Corp. The players engage in frequent merger & acquisitions to increase their product portfolio and geographical presence to gain competitive advantage.

View more reports of this category by Grand View Research at: http://www.grandviewresearch.com/industry/emerging-and-next-generation-technologies

Grand View Research Inc. has segmented the global augmented reality market on the basis of component, display, application, and region:

  

Augmented Reality(AR) Component Outlook (Revenue, USD Million, 2014 - 2024)

• Hardware
• Software

  Augmented Reality(AR) Display Outlook (Revenue, USD Million, 2014 - 2024)

• Head-Up Display (HUD)
• Head Mounted Display (HMD)
• Smart Glass

  Augmented Reality(AR) Application Outlook (Revenue, USD Million, 2014 - 2024)

• Aerospace & defense
• Medical
• Gaming
• Industrial
• Automotive
• E-commerce &Retail
• Others

  Augmented Reality(AR) Regional Outlook (Revenue, USD Million, 2014 - 2024)

• North America
• Europe
• Asia Pacific
• Latin America
• MEA

View Blog On this research report by Grand View Research: http://www.grandviewresearch.com/blog/augmented-reality-the-possibilities-are-endless                      

       

About Grand View ResearchGrand View Research, Inc. is a U.S. based market research and consulting company, registered in the State of California and headquartered in San Francisco. The company provides syndicated research reports, customized research reports, and consulting services. To help clients make informed business decisions, we offer market intelligence studies ensuring relevant and fact-based research across a range of industries, from technology to chemicals, materials and healthcare.

For More Information: www.grandviewresearch.com

Audiology Devices Market Analysis by Product, Technology And Region 2012-2020

Global Audiology Devices Market is expected to reach USD 9,542.3 million by 2020, growing at an estimated CAGR of 5.0% from 2014 to 2020, according to a new study by Grand View Research, Inc. Introduction of technological advancements such as wireless devices, acceptance of these devices by the geriatric population along with increase in demand of cost-effective and efficient devices are some of the major drivers of this market. In addition, presence of untapped growth opportunities in emerging countries such as India, Brazil and China and the increasing health awareness are expected to serve this market as future growth opportunities.

Hearing aids dominated the overall market in terms of revenue share at 64.1% in 2013. High comfort rendered by these products, enhanced connectivity and enhanced user friendliness are some of the factors attributing to its high usage rates and subsequently large market share.

Full Research Report on Global Audiology Devices Market Analysis:
http://www.grandviewresearch.com/industry-analysis/audiology-devices-market

Further key findings from the study suggest:

• Behind-the-Ear (BTE) aids dominated the hearing aid market by product in terms of share at over 55.5% in 2013 due to its ease of use and connectivity.

• Europe was the largest regional market in 2013, accounting for over 40.0% of global revenue due to the increased prevalence of deafness coupled with the presence of high patient disposable incomes and sophisticated healthcare infrastructure.

• Asia Pacific audiology devices market is expected to grow at the fastest CAGR of 7.4% from 2014 to 2020. Presence of unmet medical needs coupled with a regularly improving healthcare infrastructure coupled with growing population in emerging markets such as India and China are some of the factors attributing to its lucrative growth.

• Cochlear implants are expected witness significant growth over the forecast period, owing to its high effectiveness in terms of sentence understanding. A cochlear implant achieves an average of 80% sentence understanding as compared to hearing aids with 10% sentence understanding.

• Key industry participants of this market include William Demant Holdings A/S, GN ReSound Group, Sonova Holdings AG, Starkey Hearing Technologies, Siemens Healthcare and Widex A/S, Phonak, Audioscan, Cochlear Ltd., Interacoustics, ReSound, Rayovac, Advanced Bionics, MED-EL, Natus, Duracell, Grason-Stadler, Sophono, Oticon, MedRx, Power One, Austar Hearing, National Hearing Care, and NHC/Amplifon.

View more reports of this category by Grand View Research at: http://www.grandviewresearch.com/industry/medical-devices

Grand View Research has segmented the Global Audiology Devices Market on the basis of product, technology and region:

Audiology Devices Product Outlook

• Cochlear implants
• Diagnostic devices
• Tympanometers
• Otoscopes
• Audiometers
• Bone anchored hearing aid Open system
• Hearing Aids Market by Products
• In-the-ear aids (ITE)
• Receiver-in-the-ear aids (RITE)
• Behind-the-ear aids (BTE)
• Canal hearing aids: in-the-canal (ITC), invisible-in-canal (IIC), completely-in-canal (CIC)
• Hearing Aids Market by Technology
• Digital hearing aids
• Analog hearing aids

Audiology Devices Regional Outlook

• North America
• Europe
• Asia Pacific
• RoW

View Press Release of this research report by Grand View Research: http://www.grandviewresearch.com/press-release/global-audiology-devices                            

About Grand View ResearchGrand View Research, Inc. is a U.S. based market research and consulting company, registered in the State of California and headquartered in San Francisco. The company provides syndicated research reports, customized research reports, and consulting services. To help clients make informed business decisions, we offer market intelligence studies ensuring relevant and fact-based research across a range of industries, from technology to chemicals, materials and healthcare.

For More Information: www.grandviewresearch.com