Genomics Market Study Report Provides An Analysis Of The Industry Trends In Each Of The Sub-Segments From 2012-2020

Global Genomics Market is estimated to reach USD 22.1 billion by 2020, growing at an expected CAGR of 10.3% from 2014 to 2020. Genomics is a subunit of biology that is concerned with the study of genes and its functions and brings together the function and structure of genomes. Genomics is applied in several fields such as biotechnology, genomic medicine, anthropology, and various other social sciences. It consists of functional genomics, comparative genomics, pharmacogenomics, structural genomics, and epigenomics.

The global genomics market has undergone an increase in its market potential due to technological developments. Adding to it, factors including growing prevalence of fetal disorders such as diabetes and cancer, an increase in partial or full compensation by the government of certain countries add to the market’s growth across the globe.

In 2013, genomics-based diagnostics held the largest share of market revenue at over 35% on account of the occurrence of a considerably larger number of research & development initiatives. However, genomics-based personalized medicine segment is projected to have the highest growth rate, at an anticipated CAGR of over 12%, from 2014 to 2020. The high growth rate of the segment is on account of the growing demand for population-based therapeutic solutions and consequent increase in R&D initiatives.

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

Consumable led the global genomics market share at over 50% in 2013. This is on account of rising adoption rate of genomic testing for several applications, particularly in the field of drug development and discovery. The consumables segment is also expected to lead the market with the fastest growth rate over the forecast period owing to increasing applications and reduced costs of consumables.

In 2013, PCR technology had the largest market share of over 45% owing to technological developments and involvement of government policies about funding of research & development. Nucleic acid extraction and purification technology are expected to witness the highest growth rate, at a projected CAGR of 10.1%, from 2014 to 2020 on account of developing technologies for genome profiling and growing methods for new diagnostics tools and techniques.

North America was the major regional market, generating over 35% of the total revenue of the global genomics market. This was on account of various reasons such as high patient awareness levels, the presence of sophisticated infrastructure of healthcare. Asia Pacific is likely to be the highest growing region, at a projected CAGR of 12.7% over the next six years. The presence of large unmet medical needs and the increasing demand for economical clinical outsourcing in the emerging nations of

China and India is anticipated to drive the high growth rate.

The major market players include Agilent Technologies, Bio-Rad Laboratories Inc., Illumina Inc., Roche Diagnostics, Cepheid, Affymetrix, Inc., BGI, GE Healthcare, Qiagen, and Life Technologies.

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

Genomics Product Outlook
            • Instruments
            • Consumables
            • Services
Genomics Application Outlook
            • Diagnostics
            • Personalized Medicines
            • Drug Discovery and Development
            • Academic Research
            • Agriculture
Genomics Technology Outlook
            • PCR
            • DNA Sequencing
            • DNA Microarray
            • Nucleic Acid Extraction and Purification
Genomics Regional Outlook
            • North America
            • Europe
            • Asia Pacific
            • RoW

View Blog On this research report by Grand View Research: http://www.grandviewresearch.com/blog/genomics-market              

About Grand View Research 

Grand 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

Vaccine Industry Outlook By Executive Summary, Market Variables, Trends And Scope 2013-2024

Global Vaccine Market is expected to reach over USD 77.5 billion by 2024, according to a new report by Grand View Research, Inc. The presence of numerous molecules in the pipeline is anticipated to meet the demand for efficient vaccines. These include vaccines for chest infection, tuberculosis, malaria, and dengue. Most of the key players are actively leveraging on their vaccine development technologies to launch novel preventative solutions with an objective to increase their market share. For instance, Pfizer, Inc. is involved in the development of vaccines to prevent severe infections caused by Meningococcal B, Clostridium difficile, and Staphylococcus aureus. 

Furthermore, the broad coalition of governments, worldwide, working to promote the awareness of vaccination benefits through immunization programs with the objective of containing the propagation of communicable diseases that are associated with high morbidity and mortality is expected to stimulate the market growth. 

For instance, the ‘Immunize Australia Program’ sponsors the immunization of individuals, which acts as a preventative action in preventing disease occurrence and checks rampant disease transmission thus protecting millions of Australians from severe diseases. Another program that has been involved in achieving extensive immunization coverage on the Indian continent is the National Immunization Program, a government program that has focused on taking strong preventive measures to offset vaccine-preventable diseases, particularly in children.  

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

Further key findings from the study suggest:

• The inactivated vaccine type segment was estimated to have over 14.5% market share in 2015 owing to the related advantages including easy storage and transport due to the highly stable nature of these vaccines. In December 2015, Sanofi Pasteur, Inc. launched a new trivalent, inactivated polio vaccine in India.
• The DNA vaccine segment is presumed to be the fastest growing type over the forecast period owing to the ease of production compared to the cell-based vaccines and the promising, targeted immunization outcomes coupled with the continual developments in the biotechnology area. Other advantages associated are ease of production, long lasting immunogenicity, and no risk of reversion.
• The cancer application segment is expected to witness the fastest growth with a CAGR of over 11.8% in the vaccinations market majorly attributable to the need for immunization against cancer coupled with the increasing prevalence of various types of cancer, such as cervical and colorectal cancers.
• North America dominated the market in terms of revenue with over USD 12 billion in 2015, due mainly to the presence of extensive research and development activities and the existence of key participants of the industry in this region
• Asia Pacific is identified to witness a lucrative growth with a CAGR of around 10.7% during the forecast period due to the growing population base and the increasing economic growth of countries, such as China, Japan, and India. Moreover, the availability of skilled labors at a lower cost and the low manufacturing operations cost provide a platform for clinical trial outsourcing of the vaccinations under development to expedite commercialization.
• Leading players in this industry, among others are, Merck & Co., Inc., Emergent BioSolutions, Inc., Johnson and Johnson, Sanofi Pasteur, Inc., Pfizer, Inc., Novartis AG, CSL Ltd., and GlaxoSmithKline Plc. Other prominent players include Abbott Laboratories, Inc., AstraZeneca plc, Janssen Pharmaceuticals, Inc., Takeda Pharmaceuticals Company Ltd., and Valeant Pharmaceuticals International, Inc.
• In April 2016, VBI vaccines, Inc. entered into a collaborative agreement with Sanofi Pasteur, Inc. to employ its “Lipid Particle Vaccine” formulation technology to better the stability of the Sanofi vaccines. 

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

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

Global Vaccines Market By Type (Revenue, USD Million, 2013 - 2024)

• Inactivated vaccines
• DNA vaccines
• Attenuated vaccines
• Subunit vaccines
• Conjugate vaccines
• Toxoid vaccines
• Others

Global Vaccines Market By Application (Revenue, USD Million, 2013 - 2024)

• Infectious diseases
• Cancer
• Autism
• Allergy
• Others

Vaccines Market By Region (Revenue, USD Million, 2013 - 2024)

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

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

About Grand View Research 

Grand 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

Automotive Radar Industry Outlook By Executive Summary, Market Variables, Trends And Scope 2014-2025

Global Automotive Radar Market is expected to reach USD 12.16 billion by 2025, growing at a CAGR of 20.8%, according to a study conducted by Grand View Research, Inc. The growing focus on active safety features, innovations in the radar technology, decreasing prices of components, and increasing sales of vehicles are the propelling factors for market growth. Radars play a vital role in detecting objects in various safety systems including adaptive cruise control, pedestrian detection system, blind spot detection, and automated emergency braking.

In order to achieve complete vehicle autonomy, it is essential for automakers to focus on the enhancement of the radar technology and subsequently on the reduction in the size of radar systems. One of the major hurdles hampering the growth of automotive radars is the lack of uniform frequency allocation across the globe. Moreover, the use of higher frequency band is likely to lead to higher resolution benefits and promote the use of a single technology for all applications, thereby reducing the risk of mutual interference. The European Commission has already initiated the 79 GHz project for vehicular radars, which has been the foundation for the future development of the automotive radar market.

The market is characterized by the presence of prominent automotive electronics manufacturers including Continental AG, Robert Bosch GmbH, Infineon Technologies AG, and Texas Instruments, among others. Strong R&D capabilities have led to the development of application-oriented radars. Additionally, they have assisted radar manufacturers in complying with different frequency standards present in different countries.

According to the World Health Organization, globally 1.25 million people suffer from death due to road traffic crashes each year. Road accidents are likely to become the seventh leading cause of death by 2030 if appropriate measures to increase vehicle safety are not taken. Thus, the need to protect drivers and passengers from potential accidents would play an important role in determining the growth of the automotive radar market.

Full Research Report on Global Automotive Radar Market Analysis:
http://www.grandviewresearch.com/industry-analysis/automotive-radar-market

Further key findings from the study suggest:

• Medium & short range radar is the fastest growing segment in terms of range, owing to their growing use in numerous applications, such as blind spot detection, lane change assist, and park assist, among others.
• In terms of vehicle types, the passenger car segment is projected to drive the market, owing to the rising radar-based safety systems in mid-priced passenger cars.
• Adaptive Cruise Control (ACC) is projected to hold the largest market size by 2025 owing to rising safety concerns among growing automotive markets such as India and China.
• Increasing efforts from the National Highway Traffic Safety Administration (NHTSA), the Insurance Institute for Highway Safety, and prominent automakers operating in the U.S. for mandating the installation of AEBs in all cars by 2022 are likely to boost the automotive radar market.
• The European region held the largest market size in 2016, which is attributed to the increased stringency in safety norms and NCAP rating.
• The Asia Pacific region is projected to grow at the highest CAGR owing to the rapid adoption of radar-based safety features and increasing vehicle production.

View more reports of this category by Grand View Research at:
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Grand View Research has segmented the Global Automotive Radar Market on the basis of range, vehicle type, application, and region:

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

• Long Range
• Medium & Short Range

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

• Passenger Cars
• Commercial Vehicles

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

• Adaptive Cruise Control (ACC)
• Autonomous Emergency Braking (AEB)
• Blind Spot Detection (BSD)
• Forward Collision Warning (FCW)
• Intelligent Park Assist
• Other ADAS Systems     

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

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

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

About Grand View Research 

Grand 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

Pharmaceutical Packaging Industry Outlook By Executive Summary, Market Variables, Trends And Scope 2014-2025

Global Pharmaceutical Packaging Market is expected to reach USD 158.8 billion by 2025, according to a new report by Grand View Research, Inc. The growing demand for pharmaceuticals coupled with increased emphasis on product packaging is expected to drive market growth.

Pharmaceutical packaging market comprises wide array of products. The demand for these products is expected to grow rapidly on account of fortification of medicines and drugs against exterior impacts. However, the packaging materials and products need to bear the brunt of stringent government regulations and growing market for counterfeit pharmaceuticals. Counterfeit pharmaceuticals are expected to pose a major threat to manufacturers.

North America is a dominant region in the market backed by thriving pharmaceutical industry and rapid new product introduction. Asia Pacific is anticipated to grow rapidly on account of rising pharmaceutical manufacturing in China and India. The growing trend of contract packaging in the pharmaceutical industry is expected to further augment market growth in Asia Pacific.

Full Research Report on Global Pharmaceutical Packaging Market Analysis:
http://www.grandviewresearch.com/industry-analysis/pharmaceutical-packaging-market

Further key findings from the report suggest:

• Aluminum foil material segment is projected to grow at a CAGR of 7.2% from 2017 to 2025 owing to rising demand for packaging of special purpose drugs.
• Paper and paperboard is the second largest product segment and is expected to reach USD 40.83 billion by 2025 due to growing demand in secondary packaging products.
• Blister packs in the primary pharmaceutical packaging product category is expected to grow at a CAGR of 9.2% from 2017 to 2025 on account of growing demand in oral drugs.
• The market share of Asia Pacific is expected to reach 33% in 2025 owing to growing demand for pharmaceuticals and presence of large number of plastic manufacturers
• The Middle East & Africa region is expected to grow at a CAGR of 5.6% from 2017 to 2025 backed by growing demand for medicines in Tanzania, Nigeria and South Africa.
• The market is highly dispersed due to the presence of a large number of small and large manufacturers

View more reports of this category by Grand View Research at:
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Grand View Research has segmented the Global Pharmaceutical Packaging Market on the basis of material, product, end-use and region:

Pharmaceutical Packaging Material Outlook (Revenue, USD Billion, 2014 - 2025)

• Plastics & Polymers
• HDPE
• Polyester
• LDPE
• PVC
• Paper & Paperboard
• Glass
• Aluminum Foil
• Others

Pharmaceutical Packaging Product Outlook (Revenue, USD Billion, 2014 - 2025)

• Primary Packaging
• Plastic Bottles
• Caps & Closures
• Parenteral Containers
• Blister Packs
• Prefillable Inhalers
• Pouches
• Medication Tubes
• Others
• Secondary Packaging
• Prescription Containers
• Pharmaceutical Packaging Accessories
• Tertiary Packaging

Pharmaceutical Packaging End-use Outlook (Revenue, USD Billion, 2014 - 2025)

• Pharmaceutical Manufacturing
• Contract Packaging
• Retail Pharmacy
• Institutional Pharmacy
• Others

Pharmaceutical Packaging Regional Outlook (Revenue, USD Billion, 2014 - 2025)

• North America
• U.S.
• Europe
• Germany
• France
• Asia Pacific
• China
• India
• Japan
• Central & South Africa
• Brazil
• Middle East & Africa

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

About Grand View Research 

Grand 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

Medical Plastic Industry Outlook By Executive Summary, Market Variables, Trends And Scope 2014-2025

The Global Medical Plastic Market size is expected to reach USD 33.6 billion by 2025, according to a new report by Grand View Research, Inc. Rising demand for sterilized plastics for use in the medical industry is expected to emerge as the major factor driving market growth.

The market exhibits an abundance of raw material supply with a large volume of raw material production across North America, Europe, and Asia Pacific. The industry is characterized by the consumption of premium quality high priced products used in the manufacture of healthcare products such as catheters, surgical instruments, and syringes.

The industry is driven by the global population growth, increasing access to the consumers towards healthcare services, primarily in the developing economies, and growing substitution of the metal parts in surgical components. In addition, development of advanced materials with improved strength and performance is expected to benefit the market growth

The industry is characterized by extensive regulations enforced regarding the performance of the products in medical devices. In addition, the industry is expected to be affected by the rejection of Polyvinyl chloride due to concerns regarding the effects the product usage on human health.

Price volatility triggered by spike and decline in the price levels of crude oil is major factor impacting market growth. In addition, increasing demand for the product in alternate applications is expected to pose a threat to the growth, though the effect is likely to be subdued by the growing product adoption over the forecast period.

Full Research Report on Global Medical Plastic Market Analysis:
http://www.grandviewresearch.com/industry-analysis/medical-plastics-market

Further key findings from the report suggest:

• The demand for the product in medical components such as syringes, surgical device components, gloves, and catheter tubing is likely to drive the segment growth at a CAGR of 6.9% by revenue from 2017 to 2025
• Polypropylene is expected to emerge as the fastest growing plastic for medical packaging, registering a CAGR of 9.2% from 2017 to 2025 driven by superior barrier properties and ease of sterilization
• The industry in Asia Pacific was estimated to account for 24.5% of the global revenue in 2016 driven by the growth in consumer healthcare spending coupled with high levels of medical tourism primarily in China and India
• The companies in the industry are involved in the production premium quality plastic composites used for specialized applications in order to achieve a high degree of product differentiation
• The industry is witnesses a large number of investments in research and development for the production of advanced plastics. The development of premium engineered plastics is expected to drive the market growth

View more reports of this category by Grand View Research at:
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Grand View Research has segmented the Global Medical Plastic Market by product, application, and region:

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

• Medical Device Packaging
• Polyvinyl Chloride
• Polypropylene
• PETG
• HDPE
• Polystyrene
• PEEK
• Others
• Medical Components
• Polyvinyl Chloride
• Polypropylene
• Polyethylene
• Polycarbonate
• PEEK
• ABS
• Polystyrene
• Engineering Plastics
• Others
• Orthopedic Implant Packaging
• Polyvinyl Chloride
• ABS
• PETG
• Polycarbonate
• Others
• Orthopedic Soft Goods
• Polypropylene
• Silicone
• ABS
• Polycarbonate
• PEEK
• Engineering Plastics
• Wound Care
• Polypropylene
• Thermoplastic Polyurethanes
• Others
• Cleanroom Supplies
• Polyvinyl Chloride
• Polypropylene
• PETG
• Polycarbonate
• PEEK
• ABS
• Polystyrene
• Engineering Plastics
• Others
• BioPharma Devices
• Polycarbonate
• Silicone
• Engineering plastic
• Others
• Mobility Aids
• ABS
• Polycarbonate
• PEEK
• Engineering plastic
• Sterilization and Infection Prevention
• Polypropylene
• Silicone
• ABS
• Polycarbonate
• PEEK
• Engineering plastic
• Tooth Implants
• Polycarbonate
• PEEK
• Others
• Denture Base Material
• PMMA
• Polycarbonate
• Polyamide
• Others
• Other Implants
• Polypropylene
• Silicone
• Polycarbonate
• PEEK
• Engineering Plastics
• Others
• Polyvinyl Chloride
• Polypropylene
• Polystyrene
• Silicone
• ABS
• Polycarbonate

• PEEK

• Engineering plastic

Region Outlook (Volume, Kilotons; Revenue, USD Million, 2014 - 2025)

• North America
• U.S.
• Europe
• Germany
• UK
• Italy
• France
• Asia Pacific
• China
• India
• Japan
• Central & South America
• Brazil
• Middle East & Africa

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

About Grand View Research 

Grand 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

Ammonia Market Size Is Likely To Reach $76.64 Billion By 2025

Global Ammonia Market is anticipated to reach USD 76.64 billion by 2025, according to a new report by Grand View Research, Inc. Fertilizer is the major application of the product as well as an important source of nitrogen in the agricultural industry, which is expected to benefit the market over the forecast period.

Liquid ammonia segment dominated the market in 2016. It is majorly used in fertilizer and industrial & household cleaning applications. Ammonia is a colorless and pungent alkaline gas composed of hydrogen and nitrogen. It is an essential gas, which is used in various biological processes and industrial applications. It causes irritation to the eyes, skin, nose, lungs, and throat. Globally governments have established various safety-related regulations associated with the production, usage, and transportation of the product. The regulations also provide some directives for the equipment and methods used during the production process and handling of ammonia.

Globally, the gap between supply & demand of the product is gradually becoming surplus, hence resulting in continuous price fluctuations. This gap is mainly due to continuous capacity additions, especially in Southeast Asia (China and Indonesia), Middle East, Central & South America, and the U.S. The continuous increase in capacity additions and weakening of the demand owing to lower crop prices, poor economic prospects, fluctuating energy prices, and rising competition are anticipated to be the major challenges for the industry over the forecast period.

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

Further key findings from the report suggest:

• The global ammonia market was valued at USD 48.65 billion in 2016. The industry is anticipated to reach USD 76.64 billion by 2025, ascending at a CAGR of 5.3% from 2017 to 2025.
• Fertilizer application segment dominated with over 40% of the overall share in terms of revenue
• Rising demand for nitrogen fertilizer owing to its advantages for application in the agricultural sector is anticipated to boost the ammonia market over the coming years
• Some of the other major application industries of the product include household & industrial cleaning, food & beverage, metallurgical processes, water and wastewater treatment, rubber, pulp & paper, and leather
• Asia Pacific dominated the industry in 2016 and is projected to be the fastest-growing region over the forecast period
• The industry is highly competitive in nature with the presence of various global players
• Some of the key market players are Yara International; BASF SE; CF Industries Holdings; Inc.; PotashCorp; Huaqiang Chemical Group; Shanxi Jinfeng Coal Chemical; Rashtriya Chemicals & Fertilizers Ltd.; China Petroleum & Chemical Corporation; and China National Petroleum Corporation

View more reports of this category by Grand View Research at: http://www.grandviewresearch.com/industry/agrochemicals-and-fertilizers

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

Product Form Outlook (Volume, Kilotons; Revenue, USD Million; 2014 - 2025)

• Liquid
• Gas
• Powder

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

• Fertilizers
• Refrigerants
• Pharmaceuticals
• Textile
• Others

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

• North America
• U.S.
• Canada
• Mexico
• Europe
• UK
• Germany
• Russia
• Asia Pacific
• China
• India
• Central & South America
• Middle East & Africa
• Saudi Arabia

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

About Grand View Research 

Grand 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

Specialty Medical Chairs Market Qualitative Analysis By Industry Overview, Trends, Market Drivers And Restraints 2014-2025

Global Specialty Medical Chairs Market is expected to reach USD 7.65 billion by 2025, according to a new report by Grand View Research, Inc., Increasing geriatric population is expected to boost the adoption of specialty medical chairs. As per WHO, it is estimated that from 2025 to 2050, the older population is expected to almost double to 1.6 billion globally. According to The World Bank, population in Asia Pacific region is aging rapidly. More than 211 million people aged 65 years and above were living in East Asia and Pacific in 2010. The older population is expected to grow by 22% every five years in East Asia. This shows the potential demand for these equipment in the coming years.

As per the European Health Interview Survey (EHIS), 51.6 % of the European populace (18 years and above) was overweight in 2014. Rising prevalence of lifestyle-associated diseases, such as diabetes, obesity, chronic kidney disease, and cardiovascular disease, is increasing patient base for the adoption of these products. Furthermore, growing disabled population as a result of a rise in incidence of paralysis and spinal injuries is anticipated to drive the market to some extent. According to CDC, 53 million people in the U.S. are living with a disability.

Increasing reimbursement policies and supportive regulatory framework in developed nations are pushing the market growth. For instance, Medicare policies in the U.S. offer reimbursement for equipment such as wheel chairs, recliners, and other specialty medical chairs. In addition, key market players are offering customized products to meet the various needs of doctors and patients. Rising demand for new products, changing lifestyle, ease of use, and better facilities are factors expected to provide lucrative opportunities.

Full Research Report on Global Specialty Medical Chairs Market Analysis:
http://www.grandviewresearch.com/industry-analysis/specialty-medical-chairs-market

Further Key Findings From the Study Suggest: 

• Rehabilitation specialty medical chair held the dominant share of 40.94% in the market owing to the increasing geriatric population
• Dialysis chair held the largest share in the examination segment owing to increasing prevalence of chronic kidney diseases and technologically advanced products offered by market leaders in this segment
• Treatment segment is anticipated to grow at a steady rate as these products are required for carrying out various treatment procedures and offer better comfort to patients during surgeries or other procedures
• Rehabilitation segment is also expected to grow steadily owing to the rising geriatric population and increasing demand for bathroom aids
• Asia Pacific region is anticipated to grow at a lucrative CAGR of 7.5% owing to improving healthcare infrastructure, growing geriatric population, and rising disposable income, which is anticipated to drive the growth in Asia Pacific region

View more reports of this category by Grand View Research at:
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Grand View Research has segmented the Global Specialty Medical Chairs Market on the basis of product and region:

Specialty Medical Chairs, Product Outlook (Revenue, USD Million, 2014 - 2025)

• Examination Chairs
• Birthing
• Cardiac
• Blood Drawing
• Dialysis
• Mammography
• Treatment Chairs
• Ophthalmic
• ENT
• Dental
• Others
• Rehabilitation Chairs
• Pediatric
• Bariatric
• Geriatric
• Others

Specialty Medical Chairs, Regional Outlook (Revenue, USD Million, 2014 - 2025)

• North America
• U.S.
• Canada
• Europe
• UK
• Germany
• France
• Italy
• Spain
• Asia Pacific
• Japan
• China
• India
• Latin America
• Brazil
• Mexico
• The Middle East and Africa
• South Africa
• Saudi Arabianb

View press release of this research report by Grand View Research:http://www.grandviewresearch.com/press-release/global-specialty-medical-chairs-market        

About Grand View Research 

Grand 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