Grid Forming Inverters Market Size Estimated to Observe Significant Growth by 2030

The demand for renewable energy is growing at a very high rate owing to the global environmental awareness which is driving the demand for clean and green energy. Because of this trend, grid-forming inverters are enjoying a tremendous popularity worldwide due to their capacity to quickly convert DC power into AC power while staying connected on the grid system as well as operating independently, in an environment friendly manner. The ever-increasing number of solar power plants connected with the grid through an on-grid solar inverter is enforcing the growth in the grid forming inverters market size globally. The inverter is used for commercial, industrial, and residential purpose which drives the market growth and creates a substantial demand for reliable and safe power source inverters. Developed countries in Europe and North America, are already using this inverter on a daily basis for wide-scale applications and the same pattern is expected in the Asia-Pacific regions as well.

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Market trends

  • Development of infrastructure and growing need for reliable energy source is driving the market.

Continuous infrastructure development in the developing and developed economy and the rising demand for uninterrupted electricity supply are the major factors which are driving the growth of the inverter. Various countries are focused upon development of the smart cities like in the UAE, which is currently focusing on smart Dubai project aimed to transform the city of Dubai into leading global smart city. Such an expansion in the construction activity will drastically boost the inverter market value in the region and hence the demand will be expected to increase.

  • Growing awareness regarding environmental degradation and eco-friendly practices.

The increased awareness regarding greenhouse effect and the rising cognizance of environmental issues has further bolstered the global market for the inverter. This growing focus on renewable energy sources is having a positive impact on the inverter market revenue globally.

  • Better control and reliability compared to its competitors.

Because of its standalone operating function and instantly balancing load without any coordination controls, the grid- forming inverter has a very high efficiency percentage and can achieve almost 100% penetration. This decreases the complexity of the complete system and thus, the chances of frequent faults.

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Covid-19 Impact Analysis

  • The coronavirus’s unfavorable global effects are already evident, and they will have a big impact on the grid forming inverters in 2020.
  • The World Health Organization has declared a public health emergency after the COVID-19 virus outbreak in December 2019. The disease has spread to over 100 nations and resulted in massive deaths across the world. Exports & Imports, global manufacturing, tourism, and financial sectors have all been heavily damaged.
  • The downward pressure on the global economy, which had previously shown signs of improvement, has escalated once more. The outbreak of the virus has added danger factors to the international economy’s already sluggish development. Many international groups have stated that the global economy is experiencing its most difficult moment since the financial crisis.
  • Since the pandemic, the restriction of imports and exports has affected the grid forming inverters market to a great extent as the consumers’ consumption and demand patterns are changing amidst pandemic. Issues such as labor shortages, raw material unavailability, stagnation of the global trade and subsequent delays in installation are estimated to drive the prices of the inverters upwards which will prove to be a significant obstacle that the industry will have to adapt to. Increase in prices will cause project delays which, in turn, would again cause a spike in prices.

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Allied Market Research (AMR) is a full-service market research and business-consulting wing of Allied Analytics LLP based in Portland, Oregon. Allied Market Research provides global enterprises as well as medium and small businesses with unmatched quality of “Market Research Reports” and “Business Intelligence Solutions.” AMR has a targeted view to provide business insights and consulting to assist its clients to make strategic business decisions and achieve sustainable growth in their respective market domain.

We are in professional corporate relations with various companies and this helps us in digging out market data that helps us generate accurate research data tables and confirms utmost accuracy in our market forecasting. Allied Market Research CEO Pawan Kumar is instrumental in inspiring and encouraging everyone associated with the company to maintain high quality of data and help clients in every way possible to achieve success. Each and every data presented in the reports published by us is extracted through primary interviews with top officials from leading companies of domain concerned. Our secondary data procurement methodology includes deep online and offline research and discussion with knowledgeable professionals and analysts in the industry.

Japan Home Accessories Market is expected to reach $12,203.5 million by 2025, growing at a CAGR of 3.4% from 2018 to 2025 | In-depth Analysis with Impact of COVID-19, Types, Opportunities, Revenue and Forecast 2025

The home accessories manufacturers and research institutions are investing heavily in technological advancements to improve the efficiency of the appliances. These are expected to modify and enhance the accessories performance to consume less energy and deliver effective result.

According to a new report published by Allied Market Research, titled, “Japan Home Accessories Market by Product, and Distribution Channel: Opportunity Analysis and Industry Forecast, 2018-2025,” the Japan home accessories market size was valued at $9,425.7 million in 2017, and is expected to reach $12,203.5 million by 2025, growing at a CAGR of 3.4% from 2018 to 2025. The video games segment is expected to retain its dominant position, in terms of revenue generation, throughout the Japan home accessories market forecast period. 

Manufacturers in the home accessories market are continuously developing products with enhanced functionality and features to remain competitive. Despite developing products with higher added value, the prices for the products have collapsed and thus, remained stagnant at a lower level for several years. The decrease in price was due to the pressure of competition from countries with low manufacturing costs. Manufacturers are also facing pressure related to margins owing to fierce competition in the Japan home accessories market. This price fall is forcing companies to develop innovative products. This decrease in price trend of home accessories is encouraging customers to purchase the products, which in turn can drive the Japan home accessories market. Reducing prices of home accessories positively impact the Japan home accessories market growth. According to the United Nations, a large part of the world is currently undergoing urbanization. Nearly 54.8% of the world’s population presently lives in urban areas. Growth in urbanization has resulted in the change in lifestyle of individuals. Increase in number of nuclear families also boosts the demand for home accessories. High price and remarkable popularity of home accessories brands have led to the advent of counterfeit brands. Counterfeit brands are generally prevalent in areas where consumers are highly price-sensitive. This factor restricts the sale of the existing original homeAccessories brands in the Japan market. On the contrary, development of durable, energy-efficient home accessories at economic price is anticipated to increase the rate of penetration among low- and middle-income groups.

The Japan home Accessories market is segmented based on product and distribution channel. Depending on product, the Japan home Accessories market is classified into pc, camera, video camera, video games, recorder, and other home accessories. Based on distribution channel, the market is divided into supermarket real, specialty store real, manufacturer store, and e-commerce company.

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Video games segment generated the highest revenue and is expected to witness a CAGR of 2.8% during the forecast period. Easy availability of the video games on different devices such as personal computers, tablets, and laptops, are expected to drive the video game market. Growing number of internet or social game players may further augment the market. Decreasing cost of video game hardware coupled with easy availability of games is expected to fuel the video game demand. In addition, a number of consumers these days prefer cross-functional devices that offer integrated features and capabilities in the same device. This has encouraged the development of multifunctional devices. Computers offer extensive diversity in their application areas, ranging from business and education to entertainment. In addition, rise in spread of computer knowledge through various government institutes helps in creating more demand for PCs in the Japan market.

The selling price of the product, durability, product life & maintenance, and annual power consumption are the vital factors considered while purchasing home accessories   in low to middle-income group. Thus, development of durable, energy-efficient home accessories at economic price is anticipated to increase the rate of penetration among low- and middle-income groups. Whereas in the high-income group segment, there is high demand for smart & connected equipment. Wireless technology, smartphones, and Internet of Things are becoming an integral part of every-day life in urban home accessories. Development of smart appliances is anticipated to improve the product replacement rate among consumers who are already using basic appliances. In addition, online retail platform is the major driver for the Japan home accessories industry. Presently, numerous retailers are associating or have their own web-based retail stores where consumers can gain information about the organization and their products. There is an increase in number of online shoppers, owing to availability of varied product options and price comparison on online shopping sites. This is useful for retailers due to zero expenditure on physical outlets or stores. One of the major reasons behind consumers preferring shopping online is that consumers can read reviews provided by other users, and compare various stores, products as well as prices by different sellers.

Rapid growth in the real estate sector in Japan due to direct foreign investment is anticipated to help in developing smart cities, and settlement, thereby, contributing toward the growth of the home accessories market. . Rise in the construction  sector is projected to positively influence  the demand for home accessories. Also, growing number of single occupant households; for instance, students living away from home or transferees who have moved out of the family home because of temporary job changes. Hence the single occupant lifestyle pattern is expected to directly lead to increase in demand for accessories, and thus contribute toward the market growth. 

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According to house and land statistics survey in Japan, in 2013 there were 49,600,000 houses out of which 30,310,000, i.e. 61.12%, were owned properties. This has led to increase in sales of home accessories such as PC, recorder, clock, and other accessories, in the Japan market.

The major players in the industry have adopted strategies such as acquisition, partnership & agreement, merger, and geographical expansion to expand the Japan home accessories market share and increase profitability. The key players operating in the industry include Hewlett-Packard (HP), Dell, Lenovo Group Limited (Lenovo), Sony Corporation (Sony), Canon Inc. (Sony), Nikon Corporation, Samsung Electronics Co., Sharp Corporation (Sharp), Panasonic Corporation (Panasonic), and Olympus Corporation. 

Key Findings of the Japan Home Accessories Market :

  • By product type, the PCs segment is expected to grow at a CAGR of 2.7% in terms of revenue from 2018 to 2025.
  • By product type, the camera segment is expected to grow at a CAGR of 5.9% in terms of revenue from 2018 to 2025.
  • By product type, the video camera segment is expected to grow at a CAGR of 4.3% in terms of revenue from 2018 to 2025.
  • By product type, the video games segment is expected to grow at a CAGR of 2.8% in terms of revenue from 2018 to 2025.
  • By distribution channel, the specialty store real segment is expected to lead the Japan home accessories market at a CAGR of 2.8%.

Key Market Players

  • HEWLETT-PACKARD
  • DELL
  • LENOVO GROUP LIMITED
  • SONY CORPORATION
  • CANON INC.
  • NIKON CORPORATION
  • SAMSUNG ELECTRONICS CO
  • SHARP CORPORATION
  • Panasonic Corporation
  • Olympus Corporation.

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Allied Market Research, a market research and advisory company of Allied Analytics LLP, provides business insights and market research reports to large as well as small- & medium-scale enterprises. The company assists its clients to strategize business policies and achieve sustainable growth in their respective market domain.

Allied Market Research provides one-stop solution right from data collection to investment advice. The analysts at Allied Market Research dig out factors that help clients understand the significance and impact of market dynamics. The company applies client’s insight on the factors such as strategies, future estimations, growth or fall forecasting, opportunity analysis, and consumer surveys among others. As follows, the company offers consistent business intelligence support to help clients transform into a prominent business firm.

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Digital Wound Measurement Devices Market Driven by Growth in ageing population and rise in incidence of diabetes

Digital Wound Measurement Devices Market Expected to Reach $0.62 Billion by 2030

Growth in aging population and rise in incidence of diabetes, obesity, &chronic conditions owing to change in lifestyle of population drives the growth of the digital wound measurement devices market. In addition, benefits of digital wound measurement devices, and rise in awareness to reduce healthcare costs further fuel growth of the market.

According to a new report published by Allied Market Research, titled, “Digital Wound Measurement Devices Market, by Product, Wound Type, and End User: Global Opportunity Analysis and Industry Forecast, 2021–2030, “the global digital wound measurement devices market size was valued at $0.40 billion in 2020 and is projected to reach $0.62 billion by 2030 registering a CAGR of 4.6% from 2021 to 2030.

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Key Findings Of The Study

Based on product, the non-contact wound measuring devices held largest share in the global market in 2020.
Based on wound type, the chronic woundheld the largest market share in 2020 and is expected to remain dominant throughout the forecast period.
By end user, the hospitals dominate the global market in 2020 and is anticipated to continue this trend during the forecast period.
Based on region, North America is expected to experience growth at the highest rate, registering a CAGR of 3.5% during the forecast period.
North America accounted for the largest share of the global digital wound measurement devices market in 2020, and is expected to remain dominant throughout the forecast period. This was attributed to presence of major key players in the U.S. and other countries. In addition, increase in adoption of digital wound measurement devices owing to growth in incidences of chronic & acute wound and surge in gеrіаtrіс рорulаtіоn

Key Market Segments

By Product
Contact Wound Measuring Devices
Non-Contact Wound Measuring Devices
By Wound Type
Chronic Wounds
Pressure Ulcers (PU)
Diabetic Foot Ulcers (DFU)
Venous Leg Ulcers (VLU)
Arterial Ulcers
Acute Wounds
Burns & Trauma
Surgical Wounds
By End User
Hospital
Community Centers

Key market players

Arnaz Medical Limited
BioVisual Technologies LLC
eKare Inc.
Kent Imaging Inc.
Net Health (Tissue Analytics, Inc
Perceptive Solutions, Inc.
Smith & Nephew Plc.
WoundMatrix, Inc.
WoundRight Technologies, LLC

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Africa Large Volume Parenterals Market New Opportunities, Top Trends, Rising Demand, Emerging Growth, Business Development 2030

Africa large volume parenterals (LVP) market was valued at $662 million in 2017, and is expected to reach $1,133 million by 2024, growing at a CAGR of 7.9% from 2018 to 2024. In terms of volume, the market garnered 291,095 thousand units in 2017, and is expected to reach 582,780 thousand units by 2024, growing with a CAGR of 10.4% from 2018 to 2024.

𝐋𝐢𝐬𝐭 𝐨𝐟 𝐊𝐞𝐲 𝐏𝐥𝐚𝐲𝐞𝐫𝐬 :

  • Parenteral Drugs (India) Ltd.
  • Adcock Ingram Holdings Ltd.
  • Pharmacure PLC
  • Datlabs Private Limited
  • Erongo Med
  • Addis Pharmaceutical Factory PLC.
  • Abacus Parenteral Drugs Limited


𝐃𝐨𝐰𝐧𝐥𝐨𝐚𝐝 𝐒𝐚𝐦𝐩𝐥𝐞 𝐑𝐞𝐩𝐨𝐫𝐭 https://www.alliedmarketresearch.com/request-sample/4613


𝐊𝐄𝐘 𝐅𝐈𝐍𝐃𝐈𝐍𝐆𝐒 𝐎𝐅 𝐓𝐇𝐄 𝐒𝐓𝐔𝐃𝐘

  • Intramuscular segment is expected to grow with a CAGR of 8.2% from 2018 to 2024.
  • By treatment type, the nutritious injections segment is expected to grow at the highest CAGR of 9.1% from 2018 to 2024.
  • The 500 ml capacity segment held a major share of more than four-fifths and three-fourths in terms of value and volume, respectively, in 2017, and is expected to maintain this trend throughout the analysis period.
  • South Africa held a major share of more than one-fifth in the African market in 2017, and is expected to retain it throughout the analysis period.
  • Namibia is expected to register a CAGR of 7.7% from 2018 to 2024.

𝐅𝐨𝐫 𝐏𝐮𝐫𝐜𝐡𝐚𝐬𝐞 𝐈𝐧𝐪𝐮𝐢𝐫𝐲 https://www.alliedmarketresearch.com/purchase-enquiry/4613

Increase in prevalence of chronic diseases, rapid surge in number of surgeries, and rise in risk of malnutrition are the major factors that drive the growth of the Africa large volume parenterals (LVP) market. However, preference for enteral nutrition and high risk of infection/allergic reaction during a parenteral administration restrain the market growth. Conversely, increase in demand for palliative care services in Africa is expected to offer potential growth opportunities for the market in the near future.

On the basis of treatment type, fluid balance injections segment dominated the market in 2017 by garnering nearly two-thirds share, and is expected to maintain its dominance during the analysis period. This is attributed to the fact that fluid balance injections can be used for a broad customer base, including patients who are critically ill, septic, with major cardiac, liver or renal comorbidity, or after a major surgery.

Based on route of administration, the intravenous segment held the major market share of more than four-fifths in 2017, and is expected to dominate the market throughout the analysis period, since it is the fastest way to deliver large volume parenterals, as the drug is easily carried throughout the body with the help of circulation.

About Us

Allied Market Research (AMR) is a full-service market research and business-consulting wing of Allied Analytics LLP based in Portland, Oregon. Allied Market Research provides global enterprises as well as medium and small businesses with unmatched quality of “Market Research Reports” and “Business Intelligence Solutions.” AMR has a targeted view to provide business insights and consulting to assist its clients to make strategic business decisions and achieve sustainable growth in their respective market domain.

Pawan Kumar, the CEO of Allied Market Research, is leading the organization toward providing high-quality data and insights. We are in professional corporate relations with various companies and this helps us in digging out market data that helps us generate accurate research data tables and confirms utmost accuracy in our market forecasting. Each and every data presented in the reports published by us is extracted through primary interviews with top officials from leading companies of domain concerned. Our secondary data procurement methodology includes deep online and offline research and discussion with knowledgeable professionals and analysts in the industry.

Contact:

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Japan Household Appliance Market is Expected to Reach $27,979.0 Million by 2025

The household appliance manufacturers and research institutions are investing heavily for technological advancements, to improve the efficiency of the appliances. These are expected to modify and enhance the appliance performance in way that it consumes less energy but deliver effective result

According to a new report published by Allied Market Research, titled,“Japan Household Appliance Market by Product, Distribution Channel, and Region: Opportunity Analysis and Industry Forecast, 2018 – 2025,”the Japan household appliance market was valued at $20,279.9 million in 2017, and is expected to reach $27,979.0 million by 2025, growing at a CAGR of 4.0% from 2018 to 2025. The entertainment & information appliances is expected to retain its dominant position, in terms of revenue generation, throughout the Japan household appliance market forecast period.

Manufacturers in the household appliances market are continuously developing products with enhanced functionality and features to remain competitive. Despite developing products with higher added value, the prices for the products have collapsed and thus, remained stagnant at a low level for several years. The decrease in price was due to the pressure of competition from countries with low manufacturing costs. Manufacturers are also facing pressure related to margins owing to fierce competition in the Japan household appliance market. This price fall is forcing companies to develop innovative products. This decrease in price trend of household appliances is encouraging customers to purchase the products, which in turn can drive the Japan household appliance market. Reducing prices of household appliances has a positive impact on the Japan household appliance market growth. According to the United Nations, a large part of the world is currently undergoing urbanization.

Nearly 54.8% of the world’s population presently lives in urban areas. Growth in urbanization has resulted in the changing lifestyle of individuals. Increase in number of nuclear families, coupled with rise in urbanization creates a huge demand for household appliance. Thus, rapid urbanization has led to increased need for faster and more reliable household appliances such as refrigerator, air condition, washing machines, which help save time, money, and are convenient for daily use. High price and remarkable popularity of household appliance brands have led to the advent of counterfeit brands.

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Counterfeit brands are generally prevalent in the developing economies where customers are highly price-sensitive. This factor restricts the sale of the existing original household appliance brands in the Japan market. On the Contrary, development of durable, energy-efficient household appliances at economic price is anticipated to increase the rate of penetration among low- and middle-income groups.

The Japan household appliance market is segmented based on product and distribution channel. Depending on product, the Japan household appliance market is classified into refrigerator, air conditioner & heater, entertainment & information appliances, washing machine, dish washer, wall oven, microwave, cooking appliances, coffee machine, blender, juicer, canister, deep cleaners, other vacuum cleaners, steam mop, and other appliances. Base on distribution channel, the market is divided into supermarket, specialty store, manufacturer store, e-commerce company and others.

Entertainment & information appliances was the highest revenue generator of Japan household appliances market and is expected to witness a CAGR of 4.4% during the forecast period.  The entertainment & information appliances manufacturing industry is highly dynamic in nature. Technological advancements and replacement play a vital role in the growth of the industry. Growth in penetration of Smart TVs facilitates the use of applications that were earlier developed for smartphones. The television is getting smarter with the addition of features such as web surfing, downloading videos, live streaming of games from websites, and downloading news and traffic updates. Although smart TVs presently comprise only a small portion of the overall sales, the adoption of these devices is on the rise with consumers recognizing the availability of the vast amount of web-based content.

Presently, the television market is in the fourth generation of connected TVs, with major manufacturers competing for TV models with the latest innovations in user interface, content aggregation, and application development. Smart TVs are equipped with an operating system to run apps and widgets, which can stream videos and music. It enables the user to access various new functions such as recording TV programs and surfing the Internet, by which user can access sites that include Google, Facebook, and others with the help of Wi-Fi connectivity. The growth of Japan household appliances market is attributed to the increase in per capita income of consumer, which fuels the improvement in lifestyle and enables higher standards of living. The convergence of technologies and platforms, lifestyle trends, growth in need for mobility, and technological advances are fundamentally changing the way in which consumers interact with media content.

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The market growth for entertainment & information appliances is also being driven by the emergence of wireless technology and subsequent demand for smart entertainment devices that have Wi-Fi connectivity embedded in them. These devices help streamline the setup, allowing the user to access music and movies of their choice without a lengthy process. Majority of the companies operating in the home entertainment market are focusing on product launches to enhance their product portfolio and bring competitive product offerings into the market thus increasing the Japan household appliance market size.

In September 2018, OnePlus, the Chinese smartphones manufacturing company announced to expand its product line into the SmartTV industry and is expected to compete with other brands and its rival smartphone companies such as, Xiaomi, and Samsung. In October 2016, Bose launched new wireless sound bars and surround sound systems. These devices are very small in size and deliver the best audio experience. The devices launched by Bose are enabled with Wi-Fi and Bluetooth and with NFC for easy pairing. In September 2016, Sony launched its Z series range of its flagship BRAVIA 4K HDR TVs. These TVs feature a newly developed 4K image processor, 4K HDR processor.

Key findings of the Japan Household Appliance Market:

  • By product type, the refrigerator segment of Japan household appliances market is expected to grow at a CAGR of 5.1%, in terms of revenue, from 2018 to 2025.
  • By product type, the washing machine segment is expected to grow at a CAGR of 3.4%, in terms of revenue, from 2018 to 2025.
  • By product type, the cooking appliances segment is expected to grow at a CAGR of 4.4%, in terms of revenue, from 2018 to 2025.
  • By product type, the wall oven segment is expected to, grow at a CAGR of 5.0% in terms of revenue, from 2018 to 2025.
  • By distribution channel, the specialty store real segment is expected to lead the Japan household appliance market at a CAGR of 3.7%

Key Market Players

  • HEWLETT-PACKARD
  • DELL
  • LENOVO GROUP LIMITED
  • SONY CORPORATION
  • CANON INC.
  • NIKON CORPORATION
  • SAMSUNG ELECTRONICS CO
  • SHARP CORPORATION
  • Panasonic Corporation
  • Olympus Corporation.

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Allied Market Research, a market research and advisory company of Allied Analytics LLP, provides business insights and market research reports to large as well as small- & medium-scale enterprises. The company assists its clients to strategize business policies and achieve sustainable growth in their respective market domain.

Allied Market Research provides one-stop solution right from data collection to investment advice. The analysts at Allied Market Research dig out factors that help clients understand the significance and impact of market dynamics. The company applies client’s insight on the factors such as strategies, future estimations, growth or fall forecasting, opportunity analysis, and consumer surveys among others. As follows, the company offers consistent business intelligence support to help clients transform into a prominent business firm.

David Correa
5933 NE Win Sivers Drive
#205, Portland, OR 97220
United States
USA/Canada (Toll Free):
+1-800-792-5285, +1-503-894-6022
UK: +44-845-528-1300
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Holter ECG Monitoring Market influenced by wired holter monitors segment owing to rise in prevalence of chronic diseases

Asia-Pacific is expected to experience growth at the highest rate, registering a CAGR of 9.7% during the forecast period.

 The Holter ECG monitoring market is segmented on the basis of component, lead type, end user, and region. On the basis of component, the market is categorized into wired Holter monitors, wireless Holter monitors, and Holter analysis systems & software.

According to a new report published by Allied Market Research, titled, “Holter ECG Monitoring Market by Component, Lead Type, and End User: Global Opportunity Analysis and Industry Forecast, 2021–2030

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The global Holter ECG Monitoring market is expected to experience significant growth during the forecast period, owing to rise in the geriatric population, increase in prevalence of heart stroke, surge in number of patients suffering from hypertension, and upsurge in prevalence of obesity. Moreover, technological advancements and growth in awareness about the feasible use of these devices are other factors that contribute toward the growth of the market. However, lack of trained professionals, inappropriate healthcare infrastructure, and unsteady reimbursement policies are expected to hinder the market growth. Conversely, advanced Holter monitors with enhanced sensitive algorithms for automatic detection of arrhythmias offer lucrative growth opportunities of the Holter ECG Monitoring market.

Key Findings Of Study

On the basis of component, the wired Holter monitors segment held majority share in the global market in 2020.
On the basis of lead type, the 12 lead Holter monitors segment held largest market share in 2020, and is expected to remain dominant during the forecast period.
By end user, the hospitals and clinics segment held largest Holter ECG monitoring market share in 2020, and is expected to remain dominant during the forecast period.
Region wise, Asia-Pacific is expected to experience growth at the highest rate, registering a CAGR of 9.7% during the forecast period.

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Key Market Segments

By COMPONENT
Wired Holter Monitors
Wireless Holter Monitors
Holter Analysis System & Software

By LEAD TYPE
Patch Type Single Holter Monitors
3 Lead Holter Monitors
6 Lead Holter Monitors
12 Lead Holter Monitors
Others

North America accounted for major share of the global Holter ECG monitoring market share in 2020, and is expected to remain dominant during the forecast period. This is attributed to increase in number of chronic disease patients, surge in demand for Holter ECG monitoring devices, availability of advanced healthcare facilities with trained medical professionals, rise in number of R&D activities coupled with large presence of key players, and surge in investment made by governments in the healthcare system. However, Asia-Pacific is expected to experience the highest growth rate during the forecast period, majorly due to improvement in healthcare infrastructure, rise in number of hospitals equipped with advanced scanner devices, development of the R&D sector, rise in healthcare reforms, and technological advancements in the field of Holter ECG monitoring.

KEY MARKET PLAYERS

BPL Medical Technologies
Fukuda Denshi Co Ltd.
General Electric Company
Hill Rom Holdings, Inc.
Koninklijke Philips N.V.
Medtronic PLC
Mindray Medical International Limited
Nihon Kohden Corporation
OSI Systems, Inc.
Schiller AG

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Allied Market Research (AMR) is a full-service market research and business-consulting wing of Allied Analytics LLP based in Portland, Oregon. Allied Market Research provides global enterprises as well as medium and small businesses with unmatched quality of “Market Research Reports” and “Business Intelligence Solutions.” AMR has a targeted view to provide business insights and consulting to assist its clients to make strategic business decisions and achieve sustainable growth in their respective market domain.

Liquid-Filled Pad Mounted Transformers Market Latest Advancements and Business Opportunities by 2029

Rising investment in transmission and distribution network development and upgrade around the world is a key factor driving the liquid-filled pad mounted transformer market. Additionally, improvements in process control, widespread application of information technology to machinery, and technological advancements are expected to drive the market. Energy consumption is increasing as the population grows and lifestyles improve. This has a positive effect on market growth as well. Energy efficiency and digitization are two prominent global market trends. Increasing output is one method of achieving power goals. Energy efficiency is another way to increase overall power capacity by reducing waste and increasing efficiency, as well as assisting in meeting lower carbon emission targets under the United Nations Sustainable Development Goals (UN SDG). Rising demand for the modernization of the existing distribution network is the major driver of global liquid-filled pad mounted transformer market.

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Market Trends

  • The pad-mounted transformer market is divided into two segments based on insulation type: dry insulation and liquid insulation. Among these, liquid insulation is widely used due to its numerous advantages, such as the fact that liquid-filled transformers are typically more efficient than dry types and have a longer life expectancy. In terms of reducing hot spots in coils, liquid is a more efficient cooling medium. Furthermore, liquid-filled units have a higher overload capacity.
  • Based on phase, the pad-mounted transformer market is divided into single-phase and three-phase pad-mounted transformers. Three-phase transformers have a significant market share due to their high power holding capacity, compatibility, and applicability. Furthermore, the growing use of power-consuming devices in the residential sector is driving up demand for three-phase transformers.
  • Based on application, the market is divided into three categories: residential, commercial, and industrial. Commercial and industrial applications, in particular, account for a sizable market share, owing to rapid industrialization, particularly in developing countries.
  • Pad-mounted transformers are also required for growing commercial construction activities such as shopping malls, hotels, and recreation centers due to their safe design.
  • Because it is more efficient, has a longer service life, and has more reliable overload capabilities, the oil-filled segment is expected to be the largest market for distribution transformers. Oil-filled distribution transformers account for approximately 90% of total distribution transformer units in developing countries and 80% in developed countries, driving the pad mounted transformer market.
  • A liquid is a more efficient medium for cooling applications, and regardless of the type of liquid used for cooling, a liquid-based transformer is preferable to a dry type. The most significant advantage of an oil-filled pad mounted transformer is its ability to handle higher ratings.
  • Countries such as India and China are expanding their transmission and distribution networks in order to boost the country’s electrification rate, which is expected to drive the oil-filled transformer market. In India, for example, the Pradhan Mantri Sahaj Bijli Har Ghar Yojana aims to electrify all households.
  • China is heavily investing in renewable energy in order to decarbonize its power sector, creating many opportunities for pad-mounted transformers to expand their market share in the country. The country’s average annual investment in distribution networks is expected to rise, increasing demand for oil-filled pad mounted transformers.
  • Furthermore, oil-filled transformers are subjected to periodic oil analysis, as well as cleaning and general inspection of working components, and their repair costs are less expensive than dry type pad mounted transformers. As a result, during the forecast period, oil-filled pad mounted transformers are expected to dominate the market.
  • Asia-Pacific is expected to be the largest and fastest-growing region, owing to increased power generation capacity plans, rising demand for replacing/refurbishing ageing distribution transformers, and rising electricity demand, particularly in China and India, as industrial and infrastructure development activities accelerate.
  • To meet rising electricity demand, utilities and governments in China are developing new generation projects, particularly those based on renewable energy. This is likely to necessitate the construction of distribution infrastructure to accommodate these projects, which will drive the growth of pad-mounted transformers in the country.
  • With Australia’s ageing electricity infrastructure nearing its end of life, it is critical to refurbish/renovate the electricity distribution network in order to increase renewable energy generation.
  • The Indian government intends to invest further in strengthening the electrical network in order to build a strong and smart grid, which is expected to supplement the country’s demand for pad-mounted transformers.
  • ABB Ltd., Eaton Corporation Plc., Schneider Electric, Siemens AG, General Electric Company, CG Power and Industrial Solutions Limited, Olsun Electrics Corporation, Hitachi Soe Electric & Machinery Co. Ltd., Rockwill T&D Group Co. Ltd., and Electric Research and Manufacturing Cooperative Inc. are some of the major companies operating in the global pad-mounted transformer market.

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Key Benefits of the Report

  • This study presents the analytical depiction of the liquid-filled pad mounted transformers market along with the current trends and future estimations to determine the imminent investment pockets.
  • The report presents information related to key drivers, restraints, and opportunities along with detailed analysis of the liquid-filled pad mounted transformers market share.
  • The current market is quantitatively analyzed from 2020 to 2030 to highlight the liquid-filled pad mounted transformers market growth scenario.
  • Porter’s five forces analysis illustrates the potency of buyers & suppliers in the market.
  • The report provides a detailed liquid-filled pad mounted transformers market analysis based on competitive intensity and how the competition will take shape in coming years

COVID-19 Impact analysis

The COVID-19 outbreak has brought the world to a halt, causing havoc in a variety of industries around the world. One of the worst affected industries is the power sector. Every business must fight on both fronts—health and economic—and must endure this period of forced recession. With the global economic downturn costing trillions of dollars, there is widespread speculation that the recovery period will last well into early next year. Due to the pandemic, availability of raw material and supply chain management has been drastically affected. Many manufacturers have faced financial crisis.

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About Us

Allied Market Research (AMR) is a full-service market research and business-consulting wing of Allied Analytics LLP based in Portland, Oregon. Allied Market Research provides global enterprises as well as medium and small businesses with unmatched quality of “Market Research Reports” and “Business Intelligence Solutions.” AMR has a targeted view to provide business insights and consulting to assist its clients to make strategic business decisions and achieve sustainable growth in their respective market domain.

We are in professional corporate relations with various companies and this helps us in digging out market data that helps us generate accurate research data tables and confirms utmost accuracy in our market forecasting. Allied Market Research CEO Pawan Kumar is instrumental in inspiring and encouraging everyone associated with the company to maintain high quality of data and help clients in every way possible to achieve success. Each and every data presented in the reports published by us is extracted through primary interviews with top officials from leading companies of domain concerned. Our secondary data procurement methodology includes deep online and offline research and discussion with knowledgeable professionals and analysts in the industry.

Healthcare Revenue Cycle Management Market 2022 | Advanced HRCM models have revolutionized the workflow in hospitals

Hospitals are major end users of HRCM systems owing to increasing cash flows in hospitals, number of patients are increasing due to rising prevalence of diseases that forces healthcare providers to implement efficient and quick revenue cycle management system for patient data collection and administration.

According to Allied Market Research, titled Healthcare Revenue Cycle Management Market: Global Opportunity Analysis and Industry Forecast, 2020-2030

Hospitals try to optimize revenue by integrating advanced HRCM software developed by companies that ensures effective management of patient’s clinical data and financial data. Factors mentioned above are expected to escalate the segmental growth. Furthermore, it also offers greater control on data management that proves beneficial for the segmental growth. In addition, increasing emphasis of major players on providing best-in-class pricing and billing management system will increase its acceptance thereby, ensuring the segmental growth.

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  Companies covered are McKesson Corporation, Allscripts Healthcare Solutions, General Electric Healthcare, AGS Health, Athenahealth, Accretive Health, Cognizant Technology Solutions, Siemens Healthcare, Cerner, CareCloud, Conifer Health Solutions, Emdeon, and Experian.

COVID – 19 scenario analysis:

  • The COVID-19 pandemic has emerged as a humanitarian as well as economic crisis, creating strain on the society and affecting millions of people and businesses
  • Industry closures and people are asked to stay in their homes which has cause taken a huge toll in terms of money and economic growth
  • Over 4 million people affected globally, with 300 thousand losing their lives due to novel coronavirus
  • Healthcare organizations are already working in battle mode, preparing new plans to respond growing COVID-19 patients, right from sourcing rapid diagnosing kits to sufficient PPE kits for workers, and now they have to face another set of challenges i.e. to maintain their revenue cycles
  • Various governments have brought down the treatment costs for COVID-19, as the hospitals and diagnostic centers are flooding with huge in flow of patients

Top impacting factors: Market Scenario Analysis, Trends, Drivers and Impact Analysis

Healthcare providers currently, are facing drastic challenges due to increasing number of patients, need for well-equipped hospitals, increasing complexity and rising treatment costs. These factors are causing enormous strain on the healthcare authorities. Healthcare revenue cycle management (HRCM) comes in handy in such situations. Presence of upgraded software reduces humanitarian errors, duplication of work and minimizes confusion while handling tons of data. Major players are trying to focus on developing innovative HRCM software that would serve as one of the most important components in healthcare system, enhancing patient engagement along with simplifying the workflow. HRCM software is gaining popularity even in diagnostic laboratories.

The prime factors driving the Healthcare revenue cycle management market growth are rising regulatory mandates for the adoption of system like HRCM in healthcare sector and ineffectiveness of the conventional billing systems in administration of on-going billing operations. Parallely, there has been a notable rise in the adoption of cloud-backed revenue cycle management solutions, as they are attributed with flexiblility, security and cost-effectivity. These factors are expected to drive the market growth over the period of time. The government reforms also play an active role in boosting the adoption of the revenue cycle management system. For example, the Affordable Care Act (ACA) introduced in the U.S., focuses on expanding health insurance services to people with low income. This extended insurance can be managed effectively only through revenue cycle management solutions.

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Key segments:

By Product

  • Integrated
  • Standalone

By Presence

  • On-premises
  • On-cloud
  • Web-based services

By Application

  • Collection and storing of clinical data
  • Medical coding and billing
  • Claims and denial management
  • Others

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Questions answered in the Healthcare Revenue Cycle Management Market research report:

  • Who are the leading market players active in the healthcare revenue cycle management market?
  • What are the current trends that will influence the market in the next few years?
  • What are the driving factors, restraints, and opportunities in the market?
  • What are the projections for the future that will help in taking further strategic steps?

About Us

Allied Market Research (AMR) is a full-service market research and business-consulting wing of Allied Analytics LLP based in Portland, Oregon. Allied Market Research provides global enterprises as well as medium and small businesses with unmatched quality of “Market Research Reports” and “Business Intelligence Solutions.” AMR has a targeted view to provide business insights and consulting to assist its clients to make strategic business decisions and achieve sustainable growth in their respective market domain.

New product launches and acquisitions to boost the Non-invasive Fat Reduction Market 2027

On July 16th, 2019, BTL used faces of various Hollywood female actors for its new system, EMSCULPT. This campaign helped in promotions of its non-invasive fat reduction devices. On October 11th, 2018, BTL introduced its device Exilis ULTRA 360 in Brazil.

Non-invasive Fat Reduction Market: Market Emerging Technological Growth, Future Growth & Business Opportunities 2027Key benefits of the report:

  • This study presents the analytical depiction of the non-invasive fat reduction market along with the current trends and future estimations to determine the imminent investment pockets.
  • The report presents information related to key drivers, restraints, and opportunities along with detailed analysis of the non-invasive fat reduction market share.
  • The current market is quantitatively analyzed from 2020 to 2027 to highlight the non-invasive fat reduction market growth scenario.
  • Porter’s five forces analysis illustrates the potency of buyers & suppliers in the market.
  • The report provides a detailed analysis based on competitive intensity and how the competition will take shape in coming years.

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COVID-19 scenario analysis:

  • To take care of the infected population the demand for medical supplies is increasing. Respiratory support devices, such as atomizer, life-support machine, oxygen generator, and monitor, are among the majorly used medical devices in primary clinical treatment. Moreover, COVID-19 has led to a huge surge in demand for medical supplies such as personal protective equipment, including masks, gloves, and protective eyeglasses. 
  • With rise in the number of COVID-19 cases worldwide, the need for medical supplies keeps on rising both from healthcare professionals and civil populations for precautionary measures. 
  • Manufacturers of these products have a chance to capitalize on this increased demand for medical supplies to ensure adequate and continuous supply of personal protective equipment in the market.
  • Attributed to such factors, COVID 19 is expected to have a significant impact on the market.

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Key Segments

By Technology

  • Ultrasound
  • Cryolipolysis
  • Low Level Lasers
  • Others

 End User

  • Hospitals
  • Dermatology Clinics and Cosmetic Centers
  • Others

Key Companies covered are Amirlak Plastic Surgery, Apollo Cosmetic Clinics., JK Plastic Surgery Center, The Piazza Center for Plastic Surgery & Advanced Skin Care, The Plastic Surgery Clinic, The University of Texas Southwestern Medical Center, Transform Cosmetic Surgery, VIDA Wellness & Beauty, VLCC Wellness, and Waldman Schantz Plastic Surgery Center.

There has been a significant rise in the number of key market leaders in the non-invasive fat reduction market and these companies have been enlarging their geographical areas as they have been introducing new devices for non-invasive fat reduction. These companies have also helped to spread awareness and ultimately entice customers on a large scale. Obesity and other issues have been observed among people, owing to rise in disorders due to issues related to health. These are the major factors propelling the growth of the non-invasive fat reduction market. There is rise in population going through the process of reduction of fat, contouring of body, and procedure of surgeries through non-invasive methods.

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Questions answered in the non-invasive fat reduction market research report:

  • Which are the leading market players active in the market?
  • What are the current trends that will influence the market in the next few years?
  • What are the driving factors, restraints, and opportunities of the market?
  • What are the projections for the future that would help in taking further strategic steps?

About Us

Allied Market Research (AMR) is a full-service market research and business-consulting wing of Allied Analytics LLP based in Portland, Oregon. Allied Market Research provides global enterprises as well as medium and small businesses with unmatched quality of “Market Research Reports” and “Business Intelligence Solutions.” AMR has a targeted view to provide business insights and consulting to assist its clients to make strategic business decisions and achieve sustainable growth in their respective market domain.

Parallel Shaft Geared Motors Market Growth Analysis and Industry Forecast by 2030

Increasing demand for automation to improve productivity, energy efficiency, and labor costs is expected to drive parallel shaft geared motors market growth over the forecast period. Precision gearboxes are widely used in machines and systems to automate a variety of processes. Automation reduces the amount of manual operation and ensures minimal human intervention, which is expected to benefit sparsely populated areas with a less skilled labor force. As a result, demand for such automated machines and systems is expected to have a positive impact on market development during the forecast period. Parallel shaft geared motors consume a significant amount of vitality in ventures, resulting in high-vitality costs. In light of rising energy costs, businesses all over the world are focusing on incorporating energy-efficient systems into their manufacturing processes. Expanding interests in various assembly areas, for example, bundling, plastics, car, and unit material handling, are relied on to open doors for parallel shaft geared motors. The aforementioned elements are expected to drive interest for parallel shaft geared motors, thereby filling the parallel shaft geared motors market’s development prospects over the forecast period.

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Market Trends

  • Motors consume a significant amount of energy in industries, resulting in high-energy costs. In response to rising energy costs, industries all over the world are focusing on incorporating energy-efficient techniques into their manufacturing processes.
  • The adoption of extensive energy efficient methods for various industrial applications has resulted from the implementation of stringent energy regulations that emphasize energy cost reduction. Increasing investments in various manufacturing sectors, such as packaging, plastics, automotive, and unit material handling, are expected to open up new markets for parallel shaft geared motors.
  • Due to large-scale industrialization and infrastructure development in the region, Asia-Pacific has emerged as one of the largest parallel shaft geared motors markets. Governments in Asia-Pacific are concentrating their efforts on improving their existing infrastructure.
  • Rising investments and technological advancements in wind power, food and beverage, materials, and other end-user applications have increased demand for parallel shaft geared motors.
  • The food and beverage industry dominates the parallel shaft-geared motors market. This is primarily due to the need to comply with stringent regulations focusing on food safety, quality, and hygiene, which has prompted manufacturers to upgrade their equipment accordingly.
  • With a growing population, rising income levels, and increased food demand, the parallel shaft-geared motors market is expected to expand rapidly in this end-user segment.
  • Food processing machinery is a complex and multi-dimensional market that includes all of the machinery and equipment used in commercial food production and packaging.
  • Rising food product demand has resulted in the adoption of automated technologies for processing and packaging machinery in countries such as India, China, Thailand, and Indonesia, which is expected to drive the parallel shaft geared motors market.
  • Siemens AG, WEG S. A., NORD Drivesystems, Toledo Gearmotor, Bison Gear & Engineering Corp., ABB Motors and Mechanical Inc., Bodine Electric Company, Mitsubishi Electric Corporation, SPG Co., Ltd, Allied Motion Inc., and others are major players in this market.

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Key Benefits of the Report

  • This study presents the analytical depiction of the parallel shaft geared motors market along with the current trends and future estimations to determine the imminent investment pockets.
  • The report presents information related to key drivers, restraints, and opportunities along with detailed analysis of the parallel shaft geared motors market share.
  • The current market is quantitatively analyzed from 2020 to 2030 to highlight the parallel shaft geared motors market growth scenario.
  • Porter’s five forces analysis illustrates the potency of buyers & suppliers in the market.
  • The report provides a detailed parallel shaft geared motors  market analysis based on competitive intensity and how the competition will take shape in coming years   

COVID-19 Impact analysis

Since the outbreak of the COVID-19 virus in December 2019, the disease has spread to almost every country on the planet, prompting the World Health Organization to declare it a public health emergency. The global effects of the coronavirus disease 2019 (COVID-19) are already being felt, and they will have a significant impact on the parallel shaft geared motors market. The pandemic outbreak has had a wide-ranging impact, including flight cancellations, travel bans and quarantines, restaurant closures, and restrictions on all indoor/outdoor events; a state of emergency declared in over forty countries; a massive slowing of the supply chain; stock market volatility; falling business confidence, growing panic among the population, and uncertainty about the future. It has majorly affected the supply chain management of market.

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About Us

Allied Market Research (AMR) is a full-service market research and business-consulting wing of Allied Analytics LLP based in Portland, Oregon. Allied Market Research provides global enterprises as well as medium and small businesses with unmatched quality of “Market Research Reports” and “Business Intelligence Solutions.” AMR has a targeted view to provide business insights and consulting to assist its clients to make strategic business decisions and achieve sustainable growth in their respective market domain.

We are in professional corporate relations with various companies and this helps us in digging out market data that helps us generate accurate research data tables and confirms utmost accuracy in our market forecasting. Allied Market Research CEO Pawan Kumar is instrumental in inspiring and encouraging everyone associated with the company to maintain high quality of data and help clients in every way possible to achieve success. Each and every data presented in the reports published by us is extracted through primary interviews with top officials from leading companies of domain concerned. Our secondary data procurement methodology includes deep online and offline research and discussion with knowledgeable professionals and analysts in the industry.