2019/4/10 – CRI Report

Global Air Purifier Market (2018-2023)

admin — Fri, 12 Apr 2019 02:39:30 +0000

Increasing concerns regarding poor indoor air quality (IAQ), and growing ailments associated with air pollution are responsible for driving the demand of air purification systems. The global air purifier market is expected to reach approximately USD 6.18 Bn by 2023, expanding at a compound annual growth rate (CAGR) of 5.2% during 2018-2023.

Filter type segment insights:
Based on filter type, the market has been segregated into high efficiency particulate air (HEPA) filters, ionic filters, and activated carbon and electrostatic precipitators. The HEPA filters segment dominated the residential air purifiers market in 2018, and is expected to remain dominant over the forecast period. HEPA filters in residential air purifiers help trap air pollutants and aid in providing relief from allergens. Activated carbon is the other crucial market segment, accounting for more than a quarter of the global share in 2018. Electrostatic precipitator and ionic filters account for 37% of the global air purifier market, showing moderate growth during the forecast period.

Regional insights:
Rise in the adoption of residential air purifiers in countries such as Brazil, China and India, has increased the demand for residential air purifiers globally, owing to the amount of indoor pollution. Asia-Pacific (APAC) accounted for majority of the market share for residential air purifiers in 2018, and the region is expected to remain a significant revenue contributor over the forecast period. China and India lead the market due to increased adoption of residential air purifiers, along with the growing urban population share in the APAC region. In the Americas, increase in adoption of air purifiers equipped with HEPA-based filter system to eliminate smoke and dust from air indoors is helping maintain the market’s growth momentum. The Middle East and Africa (MEA) is slated to be one of the fast-growing regions over the estimated period of time as it continues to invest in infrastructure and other construction activities. Europe accounts for a steady demand of air purifiers due to the increasing awareness regarding its health benefits.

Companies covered:
Sharp Corporation
Panasonic
Honeywell International
Coway Co. Ltd.
Daikin
Samsung Electronics Co., Ltd.
Whirlpool Corporation
L.G. Electronics

Customizations available:

The post Global Air Purifier Market (2018-2023) first appeared on CRI Report.

Global SOC IoT Innovation Trends

admin — Fri, 12 Apr 2019 02:39:29 +0000

The semiconductor industry is constantly confronted by design and device-integration challenges, since IoT applications and consumers demand small, portable, and multi-functional electronics. With hardware designing constantly evolving, a new class of designers is stepping up to take on these challenges, using various silicon implementations. The advantages of system-on-a-chip (SoC) over other silicon implementations make it the most suitable solution for intelligent edge computing in IoT applications.
The rise of IoT products and platforms has led to a number of challenges that need to be addressed to explore the full potential of IoT systems and their related emerging applications. This report includes a comprehensive analysis of the SoC-IoT space, highlighting the major trends and opportunities across the ecosystem.
Competitive analysis
This section includes a list of the emerging companies to look out for. More than 40 companies have been reported on, which are focused on various technological aspects of the SoC-IoT ecosystem, including power management, memory-related solutions, design tools, RISC-V architecture, etc. The companies are profiled in detail to answer the questions pertaining to different factors, including product offerings and technology, key personnel, partnerships, customers, patenting activities, funding details, and the future outlook. Mid-stage companies that can be potential targets have also been included.
Some of the companies covered include Ambiq Micro, PLSense, Wiliot, PSikick, Crossbar, The Ferrorelectric Memory Company (FMC), Baum, GreenWaves Technologies, SiFive, Ineda Systems, Eta Compute, Morse Micro, etc.
Acquisition trends
An assessment of acquisition trends since 2014 provides insights into the inorganic growth routes adopted by established companies for differentiating their products, and coping with competition. The key technologies acquired through these deals are related to mixed-signal solutions, always-on communication, design capabilities, and memory technologies. Various strategic drivers related to the transactions are also included in the report. The acquisition trends suggest that mid-stage companies are also being considered as potential targets by established players.
Key insights:
o The SoC-IoT ecosystem has shifted the industry to a collaborative structure, wherein chip manufacturers and IP vendors work together for meeting design requirements, including integration of software-hardware, analog-digital, and IP block reuse.
o Key players can partner with start-ups that offer critical innovation by providing solutions to the challenges in the market.
o Custom SoCs are an emerging trend for achieving tailor-made solutions utilizing AI, ML, etc., that can handle massive computing requirements. RISC-V architecture is one such viable, open-source option that is gaining recognition.
o With the introduction of eFPGA, it is now possible to integrate SoC and FPGA into a single design, making SoC configurable and reconfigurable to meet the requirements of the future IoT market.
o Edge computing and analytics on the edge are driving the market for on-chip ML and AI solutions.
Key questions addressed in the report:
o What are the drivers, challenges and design requirements related to SoC-IoT implementation?
o What are the major trends related to industry adoption and techniques for future integration?
o Who are the innovative and disruptive entities (start-ups and mid-stage companies) that can be considered as potential targets in the SoC-IoT market?
o What are the acquisition trends in the SoC-IoT space since 2014?
o What are the opportunities for industry players in the SoC-IoT ecosystem?

The post Global SOC IoT Innovation Trends first appeared on CRI Report.

Global Probiotic Supplements Market (2018 – 2027)

admin — Fri, 12 Apr 2019 02:39:27 +0000

The global probiotic supplements market is projected to expand at a compound annual growth rate (CAGR) of 10.43%, and will reach USD 3.28 Bn by 2027. Awareness about health and fitness is augmenting the need for nutritional diets and maintenance of healthy microbiota, thereby propelling the demand for probiotic supplements.
Form segment insights:
Probiotics are consumed mostly in dry form as capsules, powder, chewable, and tablets. The rising adoption of gummies and chewable probiotic supplements is expected to increase the growth of the dry probiotics market across the world. The dry probiotic supplements segment held a market share of 83% in 2017. The development of dry probiotic supplements for chronic diseases will fuel the growth of the segment, at an expected CAGR of 10.15% during the 2018-2027 period.
Source segment insights:
Based on the source, the market was dominated by the bacteria-based probiotic supplements segment, with a 91% share in 2017. Most probiotic supplements include bacterial strains, of which, Lactobacillus sp and Bifidobacterium sp are used widely for the maintenance of healthy microbiota.
Distribution channel segment insights:
The pharmacy store-based probiotic supplements segment was the leading contributor to the global probiotic supplements market, having generated 46% of the market value in 2017. However, the online store-based probiotic supplements segment is expected to witness the highest expansion, at a CAGR of 13.49% during the 2018-2027 period. The key online distribution channels for probiotic supplements include Amazon, Costco, and The Vitamin Shoppe, among others.
Application segmentation insights:
The segment for gastrointestinal health will be the leading contributor to the global probiotic supplements market, and is anticipated to contribute approximately 64% to the global market value by 2027. The reason for being the leading application segment can be attributed to the increasing prevalence of digestive diseases and diarrhea, due to changing food habits and lifestyle, especially in developing countries.
Regional insights:
The North America probiotic supplements market is projected to expand at a CAGR of 10.68% during the 2018-2027 period, leading to a global revenue of USD 1483.1 Mn by 2027. Increasing awareness about the benefits of probiotic supplements, and inclinations towards preventive care will aid the growth of the market. The Asia-Pacific probiotic supplements market is expected to expand at the highest CAGR of 11.34% between 2018 and 2027.

Companies covered:
• Sanofi
• The Procter & Gamble Company
• Novartis
• i-Health, Inc.
• Taisho Pharmaceutical Holdings Co., Ltd.
• BioGaia
• Bayer Group
• Probi AB
• RENEW LIFE
• Danisco A/S

Customizations available

The post Global Probiotic Supplements Market (2018 – 2027) first appeared on CRI Report.

Global Self-monitoring Blood Glucose Devices Market (2018-2023)

admin — Fri, 12 Apr 2019 02:39:25 +0000

The self-monitoring blood glucose devices market comprises testing strips, glucometers and other product segments such as lancets and lancing devices. Increase in aging population, high prevalence of diabetes due to unhealthy lifestyle, poor diet, excess alcohol consumption, and lack of physical activity, creates a huge demand for blood glucose devices across the globe. The global self-monitoring blood glucose devices market is forecast to grow at a CAGR of 4.8% (2018-2023) and will reach USD 9.4 Bn in 2023 from USD 7.4 Bn in 2018. Market players are primarily focusing on product launches, and mergers and acquisitions to broaden their customer base, as well as to consolidate their position in the market.
Segmentation based on product type
Based on product type, in 2018, the testing strips segment contributed the highest market share (78.8%), on account of its economical pricing in comparison to glucose meters, and awareness among diabetes patients. The glucometers segment was the second-largest segment, with a market share of 16.1%, owing to its ease of use, painless procedure, and quick results.
The other products’ segment comprises lancets, lancing devices etc. It accounted for a 5.1% share of the market, and is expected to show moderate growth during the forecast period
Segmentation based on end user type
Based on end user type, the market is segmented into hospitals, home settings, and diagnostics centers and clinics. Home settings segment contributed the highest market share of 86.7% in 2018 and will continue to grow at CAGR 4.9% due to convenience as these devices allow patients to check their blood glucose levels at home, at their own convenience.
During the forecast period, diagnostic centres and clinics are expected to expand at a moderate growth rate; in 2018, the segment witnessed market share of 8.5%. In 2018, hospital segment demonstrated least market share of 4.7%; the segment is projected to expand at a nominal growth in the coming years.
Regional insights
The self-monitoring blood glucose devices market in North America accounted for highest market share of 39.8% in 2018. The segment is expected to increase at CAGR 4.2% from 2018-2023 owing to factors such as growing number of advanced medical facilities, rising healthcare expenditure, and favourable reimbursement policies in the region. In 2018, testing strips segment contributed the highest revenue in North America region due to increase in diabetes cases, increasing disposable income, and technological advancements. The European market is anticipated to expand at a CAGR of 4.6% during the forecast period, given the presence of major market players in the region, improved awareness, and availability of self-monitoring blood glucose devices in a number of variants.
A large population, higher disposable income, and improved awareness about self-monitoring blood glucose devices will help the Asia-Pacific region dominate the global market during the forecast period. The Middle East and Africa and the Latin America markets, though still at nascent stages, will also experience high growth
Companies covered
• Roche Holding AG
• LifeScan, Inc.
• Abbott Laboratories
• Ypsomed AG
• B. Braun Melsungen AG
• Ascensia Diabetes Care
• DiaMonTech
• Nemaura Medical Inc.
• Noviosense BV

The post Global Self-monitoring Blood Glucose Devices Market (2018-2023) first appeared on CRI Report.