Superdisintegrants Market Is Anticipated To Witness A Rapid Growth, Increasing At A CAGR Of Over 7.2% From 2014 To 2025

The global Superdisintegrants Market is expected to reach USD 487.0 million by 2025, according to a new report by Grand View Research, Inc. Superdisintegrants help in the disintegration of tablet or capsule content into small particles and create a greater surface area for speedy drug release.

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A number of fast disintegrating tablet such as salbutamol sulphate, and cetirizine hydrochloride in tablet/capsule dosage form for respiratory disorders (bronchitis, asthma, and coughing) are formulated for pediatric and geriatric patients, due to their difficulty or discomfort in swallowing. Superdisintegrant such as crospovidone, croscarmellose sodium, and sodium starch glycolate are used in optimized concentration to formulate such tablets/capsules along with different binders such as MCC and PVP K-30.

Access Free Report On Superdisintegrants Market: http://www.grandviewresearch.com/industry-analysis/superdisintegrants-market

Further key findings from the study suggest:

  • The market study suggests that crospovidone dominated the overall market in 2016. Crospovidone is completely insoluble in water and rapidly disperses and swells in water.  It has greatest rate of swelling and surface area to volume ratio compared to other disintegrants. Hence, these factors are contributing towards the large share of crospovidone in 2016.
  • Others segment, which includes natural superdisintegrants, is expected to witness highest growth rate. Factors such as local accessibility, bio-acceptable, renewable source, eco‐friendly nature and lower prices compared to important synthetic products, are driving the growth of the segment during the forecast period.
  • Amongst the dosage form segments, tablets and capsules occupied the largest share in 2016 as they are the most common and preferred dosage forms for delivering drugs to patients.
  • The mouth-dissolving films segment is expected to grow at the highest growth rate during the forecast period. It is the preferred choice for patients as compared to tablets and capsules due to greater flexibility and comfort of the former.
  • Hence, the market for disintegrants in mouth-dissolving films would continue to grow due to quicker onset of action for a dosage form and better convenience of administration.
  • North America dominated the regional segment with the largest revenue share in 2016, due to number of superdisintegrants manufacturers operating in the region and prolific research and development initiatives
  • Asia Pacific is expected to witness significant growth during the forecast period, owing to booming medical tourism industry in the region and lucrative contract research outsourcing services
  • Some of the major companies operating in this market are Ashland Global Holdings Inc., Roquette Frères S.A., FMC Corporation, DFE Pharma, Huber Corporation, Nippon Soda Co., Ltd. The Dow Chemical Company and BASF SE. and others.

Grand View Research has segmented the superdisintegrants market on the basis of product, dosage form, and region:

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

  • Croscarmellose sodium
  • Crospovidone
  • Sodium starch glycolate
  • Ion exchange resin
  • Others

Dosage Form Outlook (Revenue, USD Million, 2014 – 2025)

  • Tablets and Capsules
  • Mouth-dissolving Films

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

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

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

Growing Frequency Of Chronic Diseases And Rising Number Of Healthcare Settings Are Driving Factor For The Remunerative Growth Of The Market

The global Vital Sign Monitoring Devices Market is expected to reach USD 7.1 billion by 2025, according to a new report by Grand View Research, Inc. Continuous efforts towards new product development, spurring demand for the home healthcare services, increasing prevalence of chronic diseases and rising number of healthcare settings are driving factor for the remunerative growth of the market.

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Development of comprehensive vital sign monitors which can monitor blood pressure, pulse and temperature is notable example of the development in this sector. Moreover, development of wireless and portable devices improved patient compliance is focal area of the development for the vital sign monitoring devices.

The prevalence of chronic diseases is exponential over the decade, this can be accountable to the sedentary lifestyle, pollution and stress. As a result, the prevalence of diseases such as diabetes mellitus, hypertension, allergies and respiratory disorders has increased rapidly. Hence, government, independent healthcare organizations, and private players are engaged in creating awareness about to take precautionary and preventive measures. This increasing awareness has led to increased demand for these devices in hospital and home use.

Access Full Research Report on Vital Sign Monitoring Devices Market: http://www.grandviewresearch.com/industry-analysis/vital-signs-monitoring-market

Further Key Findings From the Study Suggest:

  • Blood pressure monitors held the largest share in product segment in 2016. This segment is also anticipated to exhibit sturdy growth over the forecast period.
  • Hospitals due to greater patient volumes and greater financing abilities held commanding share in end-user segment of vitals sign monitoring devices market.
  • On the hand, home healthcare is likely to grow as key end-user for the vital sign monitoring devices. Home healthcare is cost efficient option compared to hospitals.
  • North America is largest regional market for the vitals sign monitoring devices market in 2016. However, Asia Pacific owing to policy reforms, and economic developments is projected to exhibit fastest CAGR over the forecast period.
  • Some of the key players in vital sign monitoring devices market include Koninklijke Philips N.V., Medtronic, Nihon Kohden Corporation, GE Healthcare, Masimo, Omron Healthcare, Contec Medical Systems Co. Ltd, A&D Company Ltd., Nonin Medical Inc., and SunTech Medical, Inc.
  • New product developments, collaborations, regional expansion, and mergers are key strategic initiatives undertaken.

Grand View Research has segmented the vital sign monitoring devices market by product, end-use and region:

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

  • Blood Pressure Monitors
    • Mercury Blood Pressure Monitors
    • Aneroid Blood Pressure Monitors
    • Digital Blood Pressure Monitors
    • Ambulatory Blood Pressure Monitors
    • Blood Pressure Instrument Accessories
  • Pulse Oximeters
    • Table-Top/Bedside Pulse Oximeters
    • Fingertip Pulse Oximeters
    • Hand-Held Pulse Oximeters
    • Wrist-Worn Pulse Oximeters
    • Pediatric Pulse Oximeters
    • Pulse Oximeter Accessories
  • Temperature Monitoring Devices
    • Mercury Filled Thermometers
    • Digital Thermometers
    • Infrared Thermometers
    • Liquid Crystal Thermometer
    • Temperature Monitoring Device Accessories
  • Other Vital Sign Monitors

End-Use Outlook (Revenue, USD Million; 2014 – 2025)

  • Hospitals
  • Physician’s Office
  • Home Healthcare
  • Ambulatory Centers
  • Emergency Care Centers
  • Other Healthcare Settings

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

  • North America
    • US.
    • Canada
  • Europe
    • Germany
    • UK
  • Asia Pacific
    • China
    • Japan
  • Latin America
    • Mexico
    • Brazil
  • MEA
    • South Africa
    • Saudi Arabia

Browse Press Release of this Report: http://www.grandviewresearch.com/press-release/global-vital-signs-monitoring-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

Medical Plastic Market Value is To Be Around $33.6 Billion By 2025: Grand View Research, Inc.

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.

Browse Further Report Details: 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/healthcare

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

Cumulative Consumption Of Imaging Chemicals In Health Industry To Drive The Extensive Market Imaging Chemicals Growth Over The Forecast Period

The global Imaging Chemicals Market is expected to reach USD 11.9 billion by 2025, according to a new report by Grand View Research, Inc. Globally increasing application in medical diagnostics imaging has been a major factor driving market growth. In addition, growing consciousness regarding the advantages of organic pigments has also led towards increased demand globally.

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The global market is benefitted with rapidly advancing technologies coupled with rising demand from medical sector. These high performance chemicals enhance the process of imaging by providing clarity to it. These chemicals have gained utmost popularity across several application segments. Medical applications dominate the overall application areas owing to higher costs of treatment.

Imaging agents & toners were the largest product category in 2016 and is expected to maintain a comparatively slower growth rate over the forecast period. Developers was the major imaging chemical consumed with a share of over 15% in 2016.

Mining applications are expected to observe the fastest growth over the next eight years with an estimated CAGR of around 6.8% from 2017 to 2025. It has been evident that imaging chemicals are gaining adoption in mineral exploration activities across mining industry, which is driving its market demand. In addition, increasing usage of imaging chemicals in North America and Europe in mining is also expected to boost its demand over the forecast period.

Access Full Research Report on Imaging Chemicals Market: http://www.grandviewresearch.com/industry-analysis/imaging-chemicals-market

Further key findings from the report suggest:

  • The global imaging chemicals market generated a revenue of USD 7,201.3 million in 2016 and is expected to grow at a CAGR of 5.8% from 2017 to 2025
  • Medical emerged as the largest application segment in 2016 and is estimated to generate considerable revenue by 2025
  • Developers was the major imaging chemical consumed with a share of over 15% in 2016. It is expected to grow at a substantial growth rate over the forecast period
  • The industry in Asia Pacific is projected to witness fastest growth over the next decade owing to rising demand from India and China.
  • Key players including BASF, Dow Chemical Company and Clariant Chemical Company

Read Our Blog: http://www.grandviewresearch.com/blog/imaging-chemicals-market-outlook

Grand View Research has segmented the global imaging chemicals market on the basis of product, application and region:

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

  • Imaging agents & toners
  • Developers
  • Others

Application Outlook (Revenue, USD Million, 2014 – 2025)

  • Medical
  • Textile
  • Mining
  • Others

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

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

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

Enteric Disease Testing Market Is Expected To Reach USD 4.2 Billion in 2025 at a CAGR of 2.5%: Grand View Research, Inc.

The global Enteric Disease Testing Market is expected to reach USD 4.2 billion by 2025 according to a new study by Grand View Research Inc. Increasing demand for rapid diagnosis in order to treat diseases such as cholera, and other diarrheal diseases, rise in the aging population accompanied with unhygienic living conditions and growing application of medical testing for enteric diseases are expected to drive the market over the forecast period.

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The growth is further attributed to rising healthcare expenditure, supportive government initiatives, and augmenting disease prevalence rate.Economic and environmental factors such as poor sanitation and rising population living below the poverty line with no access to hygienic food and water supply are attributed to growing incidence rate of the infections and thus propel the market growth.

According to database of Bill and Melinda Gate Foundation, enteric diseases were responsible for about 500,000 deaths each year and these are anticipated to increase further. The highest mortality rate was observed amongst people above 75 years of age followed by children under 5 year of age.

Strategic initiatives by healthcare federal bodies such as the WHO and UNICEF, to manage the disease fatality effectively are expected to assist market growth. These agencies are working towards promoting widespread testing of people for such infections by conducting awareness programmes and healthcare camps. They also fund local agencies in third world countries to limit the spread of these infections.

Access Full Research Report on Enteric Disease Testing Market: http://www.grandviewresearch.com/industry-analysis/enteric-disease-testing-market

Further key findings from the study suggest:

  • Bacterial enteric disease testing market is expected to dominate the market in 2025 with revenue share of over 60.32% in 2016 due to higher occurrence of these infections. According to research conducted by Johns Hopkins Bloomberg School of Public Health, around four to six million people die annually due to bacterial infection induced diarrhea.
  • Parasitic enteric disease testing market is expected to register significant growth with CAGR of 1.9%. The WHO has estimated over 200 million people to be infected annually by parasites such as giardia lamblia, cryptosporidium and E. histolytica.
  • North American region is anticipated to contribute for 26.55% revenue in 2025, owing to rising geriatric population base, increasing number of immigrants, and rising patient awareness levels coupled with relatively higher healthcare expenditures in the region.
  • Asia Pacific region is projected to reach over USD 1.0 billion by registering lucrative growth rate in 2025. Government efforts in countries such as Japan, China, and India to increase awareness and promote higher testing are expected to drive the market over the forecast period.
  • Major market players are Alere Inc., Quest Diagnostics, Becton Dickinson & Company, bioMerieux, Bio-Rad Laboratories and Cepheid.
  • Industry players are constantly fueling the market with new product launches or upgrading the existing technology. In January 2015, Biomerica filed a patent application with the U.S. Patent and Trademark Office for a test used in detection of gastrointestinal disorder.
  • Apart from technology innovation, many industry players are collaborating to use each other’s strength and are formulating strategic alliances in order to incur higher profits. For instance, in May 2017, Quest diagnostics announced collaboration with PeaceHealth to enhance the service through high value design and innovation.

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

Grand View Research has segmented the global enteric disease testingmarket on the basis of disease type and region:

Global enteric disease testing disease type outlook (Revenue, USD Million, 2014 – 2025)

  • Bacterial enteric diseases
  • Viral enteric diseases
  • Parasitic enteric diseases

Global enteric disease testing regional outlook (Revenue, USD Million, 2014 – 2025)

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

Browse Press Release of this Report: http://www.grandviewresearch.com/press-release/global-enteric-disease-testing-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 Sensors Market Is Predominantly Driven By The Increasing Demand For Medical Sensors In The Therapeutic And The Diagnostic Sectors

The Medical Sensors Market is expected to reach USD 18.5 billion by 2024, according to a new report by Grand View Research, Incite upsurge in the number of patients afflicted with chronic conditions, such as diabetes and hypertension, is fueling the usage of monitoring as well therapeutic devices, thus boosting the market demand.

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The target population for this market is patients with chronic illnesses, as such conditions necessitate regular checkups and intermittent or continuous patient monitoring. The rise in population of chronically ill patients further increases the uptake of the medical sensors.

The geriatric population is highly prone to developing chronic disorders and they pose a higher risk of developing age-related deformities and complications. Moreover, the adoption of unhealthy food habits and sedentary lifestyles and the resultant surge in the incidence of obesity has led to the increasing prevalence of lifestyle disorders including diabetes. The presence of a large target population base combined with the prevalence of lifestyle-related risk factors is likely to accelerate the growth of the medical sensors market during the forecast period.

Technological advancements in terms of accuracy, portability, and affordability associated with the new generation medical sensors resulted in the increased usage of these devices; for instance, the introduction of easy-to-operate, home-based diagnostic kits that are cost effective.

Browse full Research Report on Medical Sensors Market : http://www.grandviewresearch.com/industry-analysis/medical-sensors-market

Further key findings from the study suggest: 

  • The biosensors products segment held a lucrative share of over 40.0% in 2015. This is ascribable to the following attributes of the novel biosensors: durability, reliability, and accuracy. Moreover, their applications in the healthcare areas, such as the detection of drug abuse, glucose monitoring for diabetes, the detection of cholesterol, and others. All these elements governed the growth of this segment in 2015.
  • The surgical applications of the sensors dominated the market in 2015. Whereas, the monitoring applications segment is projected to be the fastest growing during the forecast period. Advancements, such as wearable technology are anticipated to boost the demand for the monitoring devices market.
  • The hospitals registered a remunerative growth in 2015; this can be attributed to the presence of a well-developed healthcare infrastructure, which yields faster and accurate diagnosis. Moreover, the availability of well-equipped infrastructure coupled with the presence of skilled personnel and technologically advanced equipments contribute towards the lucrative growth of this segment.
  • North America held a considerably large share of over 35.0% in 2015 owing to the presence of leading sensor manufacturers, a well-planned medical reimbursement network, and the increasing disposable income
  • On the contrary, Asia Pacific is anticipated to be the fastest growing region with a CAGR of over8.0% over the forecast period. The favorable economic developments and the advancing healthcare system with the aid of supportive government initiatives are anticipated to further assist the growth. Moreover, the increasing base of the aging population in this region also, additionally impels the demand. According to the report published by the Ministry of Statistics, in India, 8.6% of the total population is aged above 60; hence, presenting a profitable opportunity for the market players to invest in this region.
  • The leading players of the medical sensors market include Analog devices, Inc., Avago technologies Ltd., Danaher Corporation, GE Measurement &Control Solutions, Inc., Honeywell International, Inc., Stellar technologies, Inc., OmniVision Technologies, Inc., Sensation AG, TE Connectivity Ltd., Micro-Epsilon Messtechnik GmbH Co. & KG, and NXP Semiconductors N.V.

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

Grand View Research has segmented the medical sensors market on the basis of product, application area, end-use, and region.

Global Medical Sensors Market, by Product, Revenue (USD Million) 2013 – 2024

  • Pressure sensors
  • Temperature sensors
  • Image sensors
  • Accelerometers
  • Biosensors
    • Cholesterol sensors
    • Blood glucose sensors
    • Pregnancy testing
    • Drug discovery
    • Infectious diseases
    • Others
  • Flow sensors
  • SQUID sensors
  • Others

Global Medical Sensors Market, by Application, Revenue (USD Million), 2013 – 2024

  • Surgical
  • Diagnostic
  • Therapeutic
  • Monitoring
  • Others

Global Medical Sensors Market, by End-use, Revenue (USD Million), 2013 – 2024

  • Hospitals
  • Physician offices
  • Nursing home
  • Home healthcare
  • Others

Medical Sensors Market, by Region, Revenue, (USD Million), 2013 – 2024

  • North America
    • US.
    • Canada
  • Europe
    • UK
    • Germany
  • Asia Pacific
    • Japan
    • China
  • Latin America
    • Brazil
    • Mexico
  • MEA
    • South Africa
    • Saudi Arabia

Access Press Release of this Report:  http://www.grandviewresearch.com/press-release/global-medical-sensors-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

Glass Scintillator Market Anticipated to be valued at $27.86 Million By 2025, Registering a CAGR of 3.2% During the estimate period from 2014 to 2025

The global Glass Scintillator Market is expected to reach USD 27.86 million by 2025, according to a new report by Grand View Research, Inc. Increasing need for safety requirements in nuclear power plants is key growth factor to drive glass scintillator market growth. In addition, rising demand from North America region is further propelling the demand over the forecast period.

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Lithium based glass scintillator are used for wide variety of radiation detection applications in nuclear industry. They are also being used in oil & gas industry for logging while drilling (LWD) and measurement-while-drilling (MWD), during the exploration process. The growth in exploration activity is also one of the reasons for increased demand.

In terms of revenue, oil & gas accounted as the largest application segment in 2016 and is anticipated to continue its trends with a growth rate of 3.1% over the forecast period. Increasing need for formation evaluation to enhance the productivity of drilling operations is expected to drive the market.

The demand for glass scintillators is expected to boost owing to the growth in various end-use industries in the North America region. The increased demand is driven by the growing application of glass scintillators in industries such as oil & gas exploration and nuclear power plant. The shale oil boom in the region coupled with the use of various techniques such as logging- while-drilling (LWD) and measurement-while-drilling (MWD) is an important market driver. These methods require accurate and reliable data measurement, which can be accomplished with the aid of glass scintillators. These factors together are expected to boost the glass scintillator demand over the forecast period.

Access Full Research Report on glass scintillator market:
http://www.grandviewresearch.com/industry-analysis/glass-scintillator-market

Further key findings from the report suggest:

  • Nuclear power plant segment will experience the fastest growth in terms of value at a CAGR of 4.0% from 2017 to 2025 since the installation of new nuclear reactors requires continuous monitoring for neutron detection, which helps in enhancing the efficiency of the reactor. Continuous monitoring can be provided with neutron detectors by using glass scintillators, as they help in detecting fluctuations in energy pulses.
  • Oil & gas emerged as the largest application segment in terms of revenue in 2016 and is estimated to be valued at USD 23.58 million by 2025. The oil and gas exploration companies are always on the lookout for options to help them reduce cost along with increasing efficiencies. These goals can be achieved with the availability of accurate data, which in turn can be generated by using glass scintillators during the exploration activity.
  • The U.S. market in terms of revenue was valued at USD 6.36 million in 2016 and is estimated to reach USD 8.78 million by 2025. The nuclear industry in the U.S. is projected to witness substantial growth over the next eight years owing to growth in demand for energy
  • Key players including Saint-Gobain Ceramics & Plastics, Inc., Scintacor Ltd and GeeBee International have a prominent presence in the global glass scintillator market.

Read Our Blog: http://www.grandviewresearch.com/blogs/advanced-materials

Grand View Research has segmented the global glass scintillator market on the basis of product, application and region:

Product Outlook (Revenue, USD Thousand, 2014 – 2025)

  • Natural Lithium
  • Depleted Lithium
  • Enriched Lithium

Application Outlook (Revenue, USD Thousand, 2014 – 2025)

  • Oil & Gas
  • Nuclear Power Plant

Regional Outlook (Revenue, USD Thousand, 2014 – 2025)

  • North America
    • US.
  • Europe
    • UK
    • Russia
  • Asia Pacific
    • China
    • India
  • Central & South America
    • Brazil
  • Middle East & Africa

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