Key Influencing factor for Micro Turbine Market By 2024

The global Micro Turbine Market is expected to reach USD 339.7 million by 2024, according to a new report by Grand View Research, Inc. Micro turbines have been gaining advantage globally on account of their compact size and high-efficiency levels.

The technology is an ideal solution for generating clean energy in the environment. Cost effectiveness coupled with waste fuel utilization have been the major factors driving the global Micro Turbine Market.

Small Turbines.jpg

Changing grid operations are anticipated to establish as key industry opportunity for the product development. Increasing potential for greener energy solution is also expected to further augment industry revenue in over the forecast period. Growing investment initiatives to develop new generating capacity coupled with stringent environmental regulatory framework is anticipated to further enhance overall market growth in near future.

Combined heat & power was the leading application segment and accounted for over 55% of total market revenue in 2015. Increasing initiatives to reduce global warming levels and installation of CHP is expected to drive this segment over the forecast period.

Access Full Research Report on Micro Turbine Market: http://www.grandviewresearch.com/industry-analysis/microturbines-market

Further key findings from the report suggest:

  • 50 kW-250 kW emerged as the leading power rating sector and is anticipated to witness high demand in hybrid electric vehicle manufacturing. The segment accounted for 38.3% of total market revenue in 2015. It is also expected to witness the highest growth of 11.1% over the forecast period.
  • Industrial was the leading end-user and accounted for over 50% of total market revenue in 2015. Micro turbines find application in construction, oil & gas, mining, waste water treatment and pharmaceutical industries. Expanding product application in waste water treatment is expected to establish as growth opportunity for this segment.
  • North America was the leading regional market and accounted for 37.7% of global revenue in 2015. Shale gas boom in the region is expected to significantly contribute towards industry enhancement in the near future. Nuclear plants decommission coupled with strict environmental regulations are anticipated to augment European market over the forecast period.
  • Major companies include Bladon Jets, Capstone Turbine Corporation, Microturbine Technology BV, Calnetix Technologies LLC., ICR Turbine Engine Corporation, Eneftech Innovation SA, Brayton Energy LLC, Toyota Motor Corporation, Flexenergy, Inc, Ansaldo Energia S.P.A., NewEnCo. and Wilson Solarpower Corporation.

Read Our Blog: http://www.grandviewresearch.com/blogs/energy-and-power

Grand View Research has segmented the micro turbine market on the basis of application, power rating, end-use and region:

Global Micro Turbine Application Outlook (Revenue, USD Million, 2014 – 2026)

  • Combined Heat & Power (CHP)
  • Standby Power

Global Micro Turbine Power Rating Outlook (Revenue, USD Million, 2014 – 2026)

  • 12 kW -50 kW
  • 50 kW-250 kW
  • 250 kW-500 kW

Global Micro Turbine End-Use Outlook (Revenue, USD Million, 2014 – 2026)

  • Industrial
  • Commercial
  • Residential

Global Micro Turbine Regional Outlook (Revenue, USD Million, 2014 – 2026)

  • North America
    • US
    • Canada
    • Mexico
  • Europe
    • Germany
    • UK
    • Russia
  • Asia Pacific
    • Australia
    • China
    • Malaysia
  • Central & South America
    • Brazil
    • Colombia
  • Middle East and Africa

Browse Press Release of this Report: http://www.grandviewresearch.com/press-release/global-micro-turbine-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

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Growing Adoption Of The Smart Fitness Devices To Keep Track Of Bodily Stats Is Anticipated To Revolutionize The Market By 2025

The global Smart Fitness Devices Market is expected to reach USD 29.4 billion by 2025, according to a new report by Grand View Research, Inc. The smart fitness devices market has witnessed a rising demand among the growing urban population in a bid to enhance their fitness goals. Advantages such as accessing fitness activities data in remote and real-time operations have resulted in an increased penetration of the market. Additionally, there are tremendous opportunities for advancements in the smart fitness devices owing to the increasing usage of smartphones and enhanced internet accessibility, which, in turn, would fuel the growth of smart fitness market. The growing adoption of the smart fitness devices to keep track of sleep, steps, calories, heart rate, and other bodily stats is anticipated to revolutionize the market by 2025.

Smart Fitness Market.png

The smart fitness devices market has been segmented based on product into the smartwatch, wristband, smart clothing, smart shoes, bike computers, and others. Based on types, the market has been segmented into head-wear, torso-wear, hand-wear, leg-wear, and bike mount. The hand-wear segment is the biggest segment in terms of size and is expected to dominate the market over the forecast period. This growth may be attributed to the high demand of wristbands and smartwatches. The torso-wear segment is anticipated to experience a notable shift in its growth owing to the rising demand for smart clothing.

The growing awareness and popularity of smart fitness products are encouraging producers to invest in research & development for creating better products. Manufacturers are making massive investments to develop several new products in order to enhance user experience. Researchers are focusing on developing cost-effective and reliable products.

Access Full Research Report on Smart Fitness Devices Market: http://www.grandviewresearch.com/industry-analysis/smart-fitness-devices-market

Further key findings from the report suggest:

  • The growing demand for smart fitness devices market can be accredited to the increasing demand among individuals for keeping track of various body parameters such as heart rate, sleep, steps taken, calories burned, and others.
  • The growing penetration of Internet of Things (IoT) and enhanced internet accessibility, which helps to direct digital controls for improved Machine-to-Machine (M2M) communication, have encouraged users to adopt smart fitness devices.
  • The increase in adoption of wireless technology, sensor technology, miniaturized hardware, cloud services, and smartphone have enabled smart fitness market to emerge as a new promising consumer segment.
  • The North American region accounted for the largest market share in 2016, which may be attributed to its large consumer base.
  • Key industry participants include Apple Inc. (U.S.), Fitbit Inc. (U.S.), Garmin Ltd. (Switzerland), Samsung Electronics Co., Ltd. (South Korea), and Xiaomi Inc. (China).

Read Our Blog: http://www.grandviewresearch.com/blogs/semiconductors-and-electronics

Grand View Research has segmented the smart fitness market based on products, types, and regions:

Product Outlook (Revenue, USD Million; 2014–2025)

  • Smartwatch
  • Wristband
  • Smart Clothing
  • Smart Shoes
  • Bike Computers
  • Others

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

  • Head-wear
  • Torso-wear
  • Hand-wear
  • Leg-wear
  • Bike mount

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

  • North America
  • U.S.
  • Canada
  • Mexico
  • Europe
  • Germany
  • UK
  • France
  • Asia Pacific
  • China
  • Japan
  • South America
  • Brazil
  • Middle East & Africa (MEA)

Browse Press Release of this Report: http://www.grandviewresearch.com/press-release/global-smart-fitness-devices-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

Fuel Cell Market Advancement in Technology, Emerging Industry Trends, Key Region, Key Companies and Segment Forecasts from 2014 to 2025

The global fuel cell market is expected to reach USD 24.81 billion by 2025, according to a new report by Grand View Research, Inc. Growing demand for unconventional energy sources is one of the key factors driving the global fuel cell market. Fuel cell is one of the fastest growing alternate backup power options primarily due to the utilization of hydrogen as fuel. In addition, they are eco-friendly as their by-product is harmless in nature, unlike other conventional technologies.

fuel-cell-market.png

On the basis of policy development, China is still lagging but shows tremendous promise in the near future as the majority of the Chinese fuel cell manufacturers have been focusing to develop proton exchange membrane fuel cells. This implies the focus of the country to incorporate fuel cells in various modes of transport.

The market is expected to witness strategic alliances to expand the end user segment in emerging markets. Public – private partnerships will be critical in attaining an economically viable technological shift. Introducing cleaner technologies to substitute existing methodologies is expected to incur high costs which are expected to challenge the innovative streak of the key market players.

Access Full Research Report on Fuel Cell Market: http://www.grandviewresearch.com/industry-analysis/fuel-cell-market

Further key findings from the report suggest:

  • Asia Pacific is expected to emerge as the largest market in terms of unit shipment. Rising demand of Combined Heat and Power systems in Japan and other countries in this region, the market for fuel cells is slated to register a robust growth rate.
  • North America is likely to emerge as the largest market for fuel cells in terms of installed capacity owing to the regulatory scenario in the region and advancements in technology.
  • PEMFC is expected to emerge as the most dominant form of fuel cell owing to their ability to suit a wide variety of applications ranging from portable to large scale power systems.
  • In 2014, Japan had introduced “Promotion Project for Hydrogen Society Using Renewable Energy”, an updated policy focused on fuel cell and hydrogen roadmap. This region is expected to grow at an estimated CAGR of 37.8% from 2016 to 2025.
  • Transportation and Portable application segment are likely to reach a tipping point between niche and mainstream over the forecast period.
  • Transportation application segment is expected to grow at an estimated CAGR of 39.2% from 2016 to 2025
  • Some companies operating in the global market include Plug power, Ballard Power Systems, Hydrogenics Corporation, Ceramic Fuel Cells, Ltd., SFC Energy AG

Read Our Blog: http://www.grandviewresearch.com/blogs/energy-and-power

Grand View Research has segmented the fuel cell market on the basis of product, application and region:

Product Outlook (Volume, Units; Capacity, Mega Watt; Revenue, USD Million, 2014 – 2025)

  • PEMFC
  • PAFC
  • SOFC
  • MCFC
  • Others

Application Outlook (Volume, Units; Capacity, Mega Watt; Revenue, USD Million, 2014 – 2025)

  • Stationary
  • Transportation
  • Portable

Regional Outlook (Volume, Kilo Tons; Capacity, Mega Watt; Revenue, USD Million, 2014 – 2025)

  • North America
    • US
  • Europe
    • Germany
    • UK
    • France
  • Asia Pacific
    • China
    • Japan
    • South Korea
  • Middle East and Africa
  • Central & South America
    • Brazil

Browse Press Release of this Report: http://www.grandviewresearch.com/press-release/global-fuel-cell-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

Rising Trend Of Maximizing Agricultural Resources In A Sustainable Manner Is Influencing The Market Growth

The global Precision Farming Market is anticipated to reach USD 10.23 billion by 2025, according to a new report by Grand View Research, Inc. Precision farming, also known as site-specific crop management or satellite farming, is a concept of farm management that uses information technology to ensure optimum health and productivity of the crops. The precision farming technique largely depends on specialized equipment, IT, and software services. Furthermore, this farming technique involves a broad range of technologies including bio-engineering, robotics & automation, imagery & sensors, and big data, as well as digitization. The adoption of site-specific crop management would reduce the cost of nitrogen fertilizers, improve crop yields, reduce the usage of pesticides, provide better farm records that are essential for sale, and provide better information for management decisions.

australia-precision-farming-market.png

The growing application of telematics in agriculture is anticipated to drive the demand for precision farming over the projected period. Telematics services include tracking devices using Global Navigation Satellite System (GNSS) to show the position of the equipment for management purposes. It also offers a real-time view of the position, coolant temperature, ground speed, and the duration before which maintenance is required. Major agriculture equipment manufacturers are adopting telematics services for their equipment in order to improve farm efficiency.

Improving the efficiency of agricultural machinery reduces the cost of agricultural operations and maximizes profitability. Additionally, good management might reduce the environmental impact. Farmers are increasingly using telematics technology to collect and manage information from their field equipment.

Telematics technology is used to capture and transfer data from the farm equipment through sensors installed on tractors and other field monitoring equipment. The increasing adoption of telematics systems by agricultural equipment companies is expected to drive the demand in the precision farming market.

Trimble Ag Software’s Connected Farm uses cellular and wireless technology to transfer data. Furthermore, the company uses Farm Works software to manage data transferred from the farm equipment. Raven Industries, Inc. provides a telematics service called Slingshot. It uses cell phone networks to offer data transfer, real-time kinematic GPS correction signals, and real-time technical support in the fields. Additionally, Slingshot allows users to track the vehicle’s location.

However, the lack of technology adoption among farmers is likely to restrain the market growth over the forecast period. The lack of standards and limitations on the exchange of data between the systems limits the adoption of modern agricultural machinery of different brands and companies. Furthermore, farmers lack independent consulting and advisory services owing to the lack of validated agronomic models for Variable Rate Technology (VRT) to make a decision on investments. Additionally, independent services are not linked to co-operatives, government bodies, and farmer’s associations where farmers can get additional information to take decisions. 

Browse More Info @ http://www.grandviewresearch.com/industry-analysis/precision-farming-market

 Further key findings from the report suggest:

  • The increasing government support for adopting modern agricultural techniques and the growing need for monitoring crop health for yield production are expected to drive the market demand.
  • The services segment is expected to portray a significant growth rate over the projected period, growing at a CAGR of 16.0%.
  • The cloud-based software model is anticipated to gain market share over the projected period as it reduces energy consumption and large data storage, and facilitates cost saving.
  • Innovations in GPS mapping and related applications concerning farms are helping farmers to operate more efficiently and increase their profit margins.
  • Drones are expected to witness enormous growth in the agriculture field as they are increasingly used in monitoring irrigation systems.
  • Soil monitoring is a major application of the yield monitoring segment as it is used to detect soil properties to increase the yield.
  • Digital revolution in the agricultural sector along with government financial incentives to farms is likely to drive the demand in the European precision farming market in the coming years.
  • The key players of the precision farming market include Agribotix LLC (U.S.), Deere & Company (U.S.), SST Development Group, Inc. (U.S.), Farmers Edge, Inc. (Canada), and Granular, Inc. (U.S.), among others

Read Our Blog: http://www.grandviewresearch.com/blogs/technology

Grand View Research has segmented the precision farming market based on offering, application, and region:

Precision Farming/Agriculture Offering Outlook (Revenue, USD Million, 2014 – 2025)

  • Hardware
    • Automation & control systems
      • Drones
      • Application control devices
      • Guidance systems
        • GPS
        • GIS
      • Remote sensing
        • Handheld
        • Satellite sensing
      • Driverless tractors
      • Mobile devices
      • VRT
        • Map-based
        • Sensor-based
      • Wireless modules
        • Bluetooth technology
        • Wi-Fi technology
        • Zigbee technology
        • RF technology
      • Sensing devices
        • Soil sensor
          • Nutrient sensor
          • Moisture sensor
          • Temperature sensor
        • Water sensors
        • Climate sensors
        • Others
      • Antennas/access points
    • Software
      • Web-based
      • Cloud-based
    • Services
      • System integration & consulting
      • Maintenance & support
      • Managed services
        • Data services
        • Analytic services
        • Farm operation services
      • Assisted professional services
        • Supply chain management services
        • Climate information services

Precision Farming/Agriculture Application Outlook (Revenue, USD Million, 2014 – 2025)

  • Yield monitoring
    • On-farm
    • Off-farm
  • Field mapping
  • Crop scouting
  • Weather tracking & forecasting
  • Irrigation management
  • Inventory management
  • Farm labor management

Precision Farming/Agriculture Regional Outlook (Revenue, USD Million, 2014 – 2025)

  • North America
    • US.
    • Canada
    • Mexico
  • Europe
    • Germany
    • UK
    • France
    • Russia
  • Asia Pacific
    • China
    • Japan
    • India
    • Australia
  • South America
    • Brazil
  • Middle East and Africa (MEA)

Browse Press Release of this Report: http://www.grandviewresearch.com/press-release/global-precision-farming-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

Workforce Management Market Is Expected To Increase Control Owing To Social Advancements

The global Workforce Management Market is expected to reach USD 11.09 billion by 2025, according to a new study by Grand View Research, Inc. Globalization, a younger and more diverse workforce, and the growing use of digitalization in day-to-day operations of organizations are anticipated to aid the growth of the workforce management market in coming years. The demand for interaction and integration in daily operations and the necessity to operate as a unified enterprise are further driving technological as well as social advancements in companies worldwide.

Workforce Management Market

Workforce management is a multi-faceted solution which has enabled prominent changes and generated significant paybacks, both in terms of revenue and ease of usage, and it continues to evolve even today. The increasing adoption of mobile devices is expected to play a vital role in the industry as numerous companies have cited a keen interest in enhancing their mobile capabilities in the near future. In addition, the absence & leave management solutions are also anticipated to witness a surge in demand as organizations across the world embrace digital tracking at a rapid rate.

Browse More Insight @ http://www.grandviewresearch.com/industry-analysis/workforce-management-market

 While the overall demand for workforce management solutions is growing, resistance to change and training employees to adapt to new technologies may act as hindrances in the growth trajectory for a couple of years. The role of management solutions in HR is shifting from administration to planning and analysis wherein the major development focus would be on data gathering and analytical tools. As the industry matures, a greater influx of big data and mobility into mainstream solutions can be expected to define the market direction.

As workforce management solutions continue to gain traction in the industry, there would be a profound effect on the biometric terminals used for time & attendance applications. Furthermore, the adoption of cloud and Software-as-a-Service (SaaS) will also drive the replacement of legacy systems with modern and enhanced solutions to better stimulate workforce integration. To sum up the industry developments, trends such as agility, employee engagement, data gathering and analysis, and the use of HR as a strategic pillar of the organization will propel the market in coming years.

Read More @ http://www.grandviewresearch.com/blogs/technology

Grand View Research has segmented the global workforce management market based on solution, deployment, company size, application, and region:

 Solution Scope (Revenue, USD Million; 2014 – 2025)

  • Workforce Scheduling
  • Time & Attendance Management
  • Embedded Analytics
  • Absence Management
  • Others

Deployment Scope (Revenue, USD Million; 2014 – 2025)

  • Cloud
  • On-premise

Company Size Scope (Revenue, USD Million; 2014 – 2025)

  • Large Enterprises
  • Small and Medium Enterprises (SMEs)

Application Scope (Revenue, USD Million; 2014 – 2025)

  • Academia
  • Automotive & Manufacturing
  • BFSI
  • Government
  • Healthcare
  • Retail
  • Others

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

  • North America
    • US.
    • Canada
  • Europe
    • UK
    • Germany
  • Asia Pacific
    • China
    • India
    • Japan
  • Latin America
    • Brazil
  • Middle East & Africa (MEA)

Browse Press Release of this Report: http://www.grandviewresearch.com/press-release/global-workforce-management-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

Workforce Management Market Is Expected To Gain Traction Over The Forecast Period

The global Workforce Management Market is expected to reach USD 11.09 billion by 2025, according to a new study by Grand View Research, Inc. Globalization, a younger and more diverse workforce, and the growing use of digitalization in day-to-day operations of organizations are anticipated to aid the growth of the workforce management market in coming years. The demand for interaction and integration in daily operations and the necessity to operate as a unified enterprise are further driving technological as well as social advancements in companies worldwide.

Workforce management is a multi-faceted solution which has enabled prominent changes and generated significant paybacks, both in terms of revenue and ease of usage, and it continues to evolve even today. The increasing adoption of mobile devices is expected to play a vital role in the industry as numerous companies have cited a keen interest in enhancing their mobile capabilities in the near future. In addition, the absence & leave management solutions are also anticipated to witness a surge in demand as organizations across the world embrace digital tracking at a rapid rate.

Access Full Research Report on Workforce Management Market:
http://www.grandviewresearch.com/industry-analysis/workforce-management-market

While the overall demand for workforce management solutions is growing, resistance to change and training employees to adapt to new technologies may act as hindrances in the growth trajectory for a couple of years. The role of management solutions in HR is shifting from administration to planning and analysis wherein the major development focus would be on data gathering and analytical tools. As the industry matures, a greater influx of big data and mobility into mainstream solutions can be expected to define the market direction.

As workforce management solutions continue to gain traction in the industry, there would be a profound effect on the biometric terminals used for time & attendance applications. Furthermore, the adoption of cloud and Software-as-a-Service (SaaS) will also drive the replacement of legacy systems with modern and enhanced solutions to better stimulate workforce integration. To sum up the industry developments, trends such as agility, employee engagement, data gathering and analysis, and the use of HR as a strategic pillar of the organization will propel the market in coming years.

Read Our Blog: http://www.grandviewresearch.com/blogs/technology

Grand View Research has segmented the global workforce management market based on solution, deployment, company size, application, and region:

Solution Scope (Revenue, USD Million; 2014 – 2025)

  • Workforce Scheduling
  • Time & Attendance Management
  • Embedded Analytics
  • Absence Management
  • Others

Deployment Scope (Revenue, USD Million; 2014 – 2025)

  • Cloud
  • On-premise

Company Size Scope (Revenue, USD Million; 2014 – 2025)

  • Large Enterprises
  • Small and Medium Enterprises (SMEs)

Application Scope (Revenue, USD Million; 2014 – 2025)

  • Academia
  • Automotive & Manufacturing
  • BFSI
  • Government
  • Healthcare
  • Retail
  • Others

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

  • North America
    • US.
    • Canada
  • Europe
    • UK
    • Germany
  • Asia Pacific
    • China
    • India
    • Japan
  • Latin America
    • Brazil
  • Middle East & Africa (MEA)

Browse Press Release of this Report: http://www.grandviewresearch.com/press-release/global-workforce-management-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

Rising Demand For Sterilized Plastics For Use In The Medical Industry Is Expected To Major Factor Driving Market Growth

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.

us-medical-plastics-market

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.

Access Full Research Report on Medical Plastic Market: 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

Read Our Blog: http://www.grandviewresearch.com/blogs/bulk-chemicals

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

Browse Press Release of this Report: 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