Industrial Centrifuge Market – Growth Drivers and Impact of Covid 19 Detailed Analysis

MarketsandMarkets Research Report’s View on Revenue Impact?

The Global Industrial Centrifuge Market is projected to reach USD 9.0 billion by 2025 from USD 7.2 billion in 2020, at a CAGR of 4.4% between 2020 and 2025.

Factors Responsible for Growth and In-Depth Analysis?

The increasing demand for centrifuges in process industries and the rising need for wastewater management solutions are the major factors driving the growth of industrial centrifuge market.

Industrial centrifuges are used for the separation of two- or three-phase systems and have a range of industrial applications. Many process industries are increasingly using various types of centrifuge equipment for the separation of two or three immiscible phases. Some of these industries include chemical processing, food processing (including dairy and beverage industry), metal processing, mining and mineral processing, pharmaceutical and biotechnology industries, fuel and biofuel industries, wastewater processing, and pulp and paper industries.

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Leading Key Players and Analysis:

Prominent players in Industrial Centrifuge Market are ANDRITZ AG (Austria), Alfa Laval Corporate AB (Sweden), GEA Group AG (Germany), Mitsubishi Kakoki Kaisha, Ltd. (Japan), Thomas Broadbent & Sons (UK), FLSmidth & Co. A/S (Denmark), Schlumberger Limited (US), Ferrum AG (Switzerland), Flottweg SE (Germany), SIEBTECHNIK TEMA (Germany), HEINKEL Drying & Separation Group (Germany), Gruppo Pieralisi – MAIP S.p.A. (Italy), SPX Flow Inc. (US), HAUS Centrifuge Technologies (Turkey), Elgin Separation Solutions (US), Comi Polaris Systems, Inc. (US), Dedert Corporation (US), US Centrifuge Systems (US), B&P Littleford (US), and Pneumatic Scale Angelus (US).

Alfa Laval AB (Sweden) is the leading player in the decanter and separator centrifuge market. The company’s expertise, experience, and comprehensive capabilities in various industries and business functions, enables it to maintain its leading position in the market. The company has a wide global presence with operations in North America and Europe. The company focuses on achieving sustainable growth by enhancing its operating base and launching competitive technologies. In July 2019, Alfa Laval launched the ALDEC G3 VecFlow decanter for the industrial centrifuge market.

Geographical Analysis in Detailed?

North America accounted for the largest share of the industrial centrifuges market, followed by Europe. The high demand for crude oil, a large number of shale oil and gas drilling activities, government initiatives to manage wastewater, flourishing food processing industry, technological advancements, and government support for the development of innovative centrifugation systems are the key factors driving the growth of the industrial centrifuge market in North America.

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Industry Segmentation:

Power industry accounted for the largest market share in 2019

On the basis of end users, the industrial centrifuge market is segmented into the chemicals industry, food and beverage industry, metal industry, mining industry, pharmaceutical and biotechnology industries, power plants, pulp and paper industry, wastewater treatment plants, and water purification plants. In 2019, the power industry segment accounted for the largest share of the market. Growing oil and gas exploration activities, the establishment of new power plants to cater to the rising energy needs in developing countries, and upgradation of existing power plants to make them more efficient and reliable are some of the factors that are expected to drive the growth of this segment.

Vertical Centrifuge dominated the industrial centrifuge market in 2019

On the basis of design, segmented into vertical and horizontal centrifuges. In 2019, the vertical centrifuge segment accounted for the largest share of the market. Growth in this segment can be attributed to factors such as the ability of these centrifuges to attain high speeds and the high efficiency of separation.

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Global Active Implantable Medical Devices Market Size, and Growth Projection

The Active Implantable Medical Devices Market is expected to witness significant growth in the coming years. The growing aging population, increasing prevalence of cardiovascular and neurological diseases, investments and funds to develop technologically advanced products, expanded applications of neurostimulators, and favorable reimbursement scenario for ENT procedures in developed countries are some of the factors driving the growth of this market.

According MarketsandMarkets™ Research – The report “Active Implantable Medical Devices Market by Product (Implantable Cardioverter Defibrillators (Transvenous & Subcutaneous), Cardiac Pacemaker, Ventricular Assist Device, Neurostimulator, Implantable Hearing Devices) – Global Forecast”, witnessed healthy growth during the last decade and is expected to grow at a CAGR of 7.8%, to reach USD 26.75 Billion.

Market Opportunities;

– Emerging Markets Offer Significant Growth Opportunities
– Development of Subcutaneous Implantable Cardioverter Defibrillators (S-ICDs)

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On the basis of product, the market is segmented into implantable cardioverter defibrillators, implantable cardiac pacemakers, implantable heart monitors/insertable loop recorders, ventricular assist devices, neurostimulators, and implantable hearing devices. The implantable cardioverter defibrillators segment accounted for the largest share of the implantable and life-sustaining devices market in 2016, owing to the increasing incidence of cardiovascular diseases, development of technologically advanced devices, and increasing demand for these devices in emerging countries.

The active implantable medical devices market is highly consolidated in nature where the prominent players are accounting for the major share. To expand their geographic presence and garner higher shares in this market, major players are continuously focusing on product launches; mergers and acquisitions; agreements, partnerships, and collaborations; and expansions. The implantable cardiovascular devices market was dominated by three major players in 2015, together accounted for a share of around 85%. Similarly, the implantable neurostimulators devices market was led by three major players in 2015, together accounted for a share of around 95%.

Geographical View in-detailed:

North America is the largest regional segment for the active implantable medical devices market. The large share of this regional segment can be attributed to the growth in geriatric population, increasing prevalence of cardiovascular and neurological diseases, high accessibility to advanced technologies, increasing development of innovative and technologically advanced products, and increasing healthcare expenditure in the region. However, the market in the Asia-Pacific region is expected to grow at the highest CAGR, owing to the growth in geriatric population, growing incidence of chronic diseases, rising healthcare spending, healthcare reforms for infrastructural development, growing demand for advanced technologies to develop advanced products, and less stringent regulations.

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Global Key Leaders: Some of the prominent players in the active implantable medical devices market include Medtronic plc (Ireland), Abbott Laboratories (U.S.), Boston Scientific Corporation (U.S.), BIOTRONIK SE & Co. KG (Germany), and LivaNova PLC (U.K.). Whereas, Cochlear Limited (Australia), MED-EL (Austria), Sonova Holding AG (Switzerland), William Demant Holding A/S (Denmark), and Nurotron Biotechnology Co., Ltd. (China) are the key players in the implantable hearing devices market.

Microservices in Healthcare Market - Global Industry Analysis,Share, Trends, Status and Future Forecast

The benefits of microservice architecture, such as their ability to increase overall efficiency and project delivery speed, are the primary factor driving the market growth. However, concerns regarding security and regulatory compliance and the complexity of architecture are expected to hinder the growth of this market.

According to the new market research report “Microservices in Healthcare Market by Component (Platform, Services (Consulting, Integration, Training, Support, Maintenance)), Delivery (Cloud, Hybrid, Private, On-premise), End User (Health care Provider, Payer, Life Science) – Global Forecast” published by MarketsandMarkets™, is projected to reach USD 343.3 million by 2023 from the estimated USD 103.1 million in 2017, at a CAGR of 21.3%.

The Objectives of this study are as follows:

– To define, describe, and forecast the global microservices in healthcare market by deployment model, component, end user, and region

– To provide detailed information about the major factors influencing market growth (drivers, restraints, opportunities, and industry-specific challenges)

– To strategically analyze micromarkets with respect to individual growth trends, prospects, and contributions to the overall market

– To analyze market opportunities for stakeholders and provide details of the competitive landscape for key players

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Geographically; North America is estimated to command the largest share of the market. The large share of North America in the global microservices in healthcare market can be attributed to the growing focus on improving the overall efficiency of healthcare organizations and greater product and service availability in the region.

The microservices in healthcare market is marked by the presence of several big and small players. Prominent players in this market include AWS (US), CA Technologies (US), Microsoft (US), Salesforce (US), Pivotal Software (US), Infosys (India), IBM (US), NGINX (US), Oracle Corporation (US), and Syntel (US).

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Market Segmentation in Detailed:

The platform segment is expected to dominate the microservices in healthcare market in 2018.

Based on component, segmented into platforms and services. The services segment is further segmented into consulting services, integration services, and training, support, and maintenance services. The platforms segment is expected to account for the larger share of the microservices in healthcare market in 2018. This is attributed to the increasing need for cloud microservice architecture for scaling functions at a very granular level for efficient system optimization and organization. Cloud platform microservice architecture also brings a new level of scalability to enterprise applications.

The healthcare providers segment is expected to dominate the market in 2018.

Based on end user, the microservices in healthcare market is segmented into healthcare payers, healthcare providers, life science organizations, and clinical laboratories. The healthcare providers segment is expected to account for the largest share of the overall market in 2018. Government initiatives that help providers gain incentives on the adoption of EHRs and the implementation of integration and connectivity solutions are driving the adoption of microservices architecture solutions among healthcare providers.

Back-end Revenue Cycle Management Market Size, Share on Global Analysis Report 2019-2023

The Factors such as the growing importance of denials management, increasing patient volume, process improvements in healthcare organizations, and declining reimbursement rates are driving the growth of the market. However, the high cost of deployment, integration of back-end revenue cycle management solutions, data breaches and loss of confidentiality, and lack of skilled IT professionals in healthcare are expected to limit market growth to a certain extent in the coming years.

According MarketsandMarkets Research – The Back-end Revenue Cycle Management Market is projected to reach USD 10.4 billion, at a CAGR of 5.0%.

Market Dynamics:

Growing importance of denials management;

To reduce costs and maximize profits, insurance companies are increasingly denying claims as well as coverage to patients being treated for chronic or persistent illnesses. This is putting an extra burden on healthcare providers to manage operating costs, and in turn is supporting the adoption of back-end revenue cycle management solutions (with a growing number of healthcare providers focusing on properly analyzing denied claims and appealing them).

Many healthcare providers across the globe still use manual and paper-oriented approaches to manage denials. This results in errors, delayed follow-ups, and miscommunication between healthcare providers and insurance companies. The use of back-end revenue cycle management solutions over manual and paper-oriented approaches can not only help healthcare providers overcome these issues but also help them save significant costs.

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Services segment to dominate the back-end revenue cycle management market

By product & service, segmented into software and services. The services segment is expected to account for the largest share of the back-end RCM Market in 2018. The large share of this segment can be attributed to the recurring nature of services such as training and development, installation, software upgrades, consulting, and maintenance. However, due to the need for periodic software upgrades, the software segment is expected to witness the highest growth during the forecast period.

cloud-based systems to register the highest CAGR during the forecast period

On the basis of delivery mode, segmented into on-premise and cloud-based systems. The cloud-based segment is expected to register the highest CAGR of the back-end revenue cycle management market during the forecast period. Growth in this segment can be attributed to the comparatively lower capital expenses and operational costs incurred in this model, alongside its scalability, flexibility, and affordability.

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Geographically, the back-end revenue cycle management market is divided into North America, Europe, Asia, and the Rest of the World (RoW). North America is expected to account for the largest share in 2018 owing to factors such as growing HCIT investments in the region and the presence of regulatory mandates. North America is followed by Europe and Asia. The market in Asia is relatively nascent; however, it is projected to be the fastest-growing market during the forecast period.

Athenahealth (US), Cerner Corporation (US), Allscripts Healthcare Solutions, Inc. (US), eClinicalWorks (US), Optum, Inc. (US), McKesson Corporation (US), Conifer Health Solutions (US), GeBBs Healthcare Solutions (US), The SSI Group (US), GE Healthcare (US), nThrive (US), DST Systems (US), Cognizant Technology Solutions (US), and Quest Diagnostics (US) are the key players in the back-end revenue cycle management market.

Global Rehabilitation Equipment Market 2019 Industry Trends, Growth Forecast

According to the new market research report “Rehabilitation Equipment Market by Type (Mobility (Wheelchair, Assist Device), Body Support (Lift, Sling), Exercise (Upper, Lower Body), Living Aids (Reading, Writing)), Application (Physiotherapy, OT), End User (Hospital, Clinic, Home Care) — Forecast”, published by MarketsandMarkets™, the global Rehabilitation Equipment Market is expected to reach 14.91 Billion, at a CAGR of 8.6% during the forecast period.

The Research Report analyzes and studies the major market drivers, restraints, opportunities, and challenges in North America, Europe, Asia-Pacific, and the Rest of the World (RoW).

The growth of this market is mainly driven by factors such as growing incidence of disabilities resulting from non-communicable diseases, favorable healthcare reforms, and rapid growth in the geriatric population coupled with the rising prevalence of chronic diseases. However, a high cost & maintenance expense of rehabilitation equipment is the key factor that is expected to restrain the growth of this market to a certain extent.

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In this report, the Rehabilitation Equipment Market has been segmented on the basis of type, application, end user, and region. Based on type, the Rehabilitation Equipment Market is segmented into mobility equipment, body support devices, exercise equipment, and daily living aids. In 2016, the daily living aids segment accounted for the largest share of the market.

Browse and in-depth TOC on “Rehabilitation Equipment Market”

154 — Tables

31 — Figures

162 — Pages

On the basis of the end user, the Rehabilitation Equipment Market is segmented into hospitals & clinics, rehabilitation centers, physiotherapy centers, and home care settings. In 2016, the hospitals & clinics segment accounted for the largest share of the Rehabilitation Equipment Market. This can be attributed to factors such as higher quality of treatment provided in hospitals and clinics, as opposed to other end-user segments, increasing sports injuries, the growth of the disabled and aged populations, and supportive reimbursement policies for hospital treatment.

Based on the region, the Rehabilitation Equipment Market is segmented into North America, Europe, Asia-Pacific, and the Rest of the World (RoW). In 2016, Europe dominated the market, followed by North America. Factors such as supportive government initiatives for safe patient handling, growth in the geriatric population, and the presence of a large number of players in Europe are driving the growth of the European Rehabilitation Equipment Market.

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The Rehabilitation Equipment Market is fragmented in nature with several big and emerging players. This market is dominated by key players such as Invacare Corporation (U.S.), Medline Industries, Inc. (U.S.), Dynatronics Corporation (U.S.), Drive DeVilbiss Healthcare (U.S.), Changzhou Qian Jing Rehabilitation Co., Ltd. (China), Carex Health Brands (U.S.), Roma Medical (U.K.), Caremax Rehabilitation Equipment Co. Ltd. (China), GF Health Products, Inc. (U.S.), and HEMC (Hospital Equipment Manufacturing Company) (India).

Oxygen Therapy Equipment Market Analysis, Segments, Key Players, Drivers, Trends and Forecast

According to the new market research report "Oxygen Therapy Equipment Market by Product (Oxygen Source (Concentrator, Cylinder), Delivery Devices), Portability (Stationary, Portable), Application (COPD, Asthma, Cystic Fibrosis, Pneumonia), End User (Hospital, Home Care) - Global Forecast to 2022", published by MarketsandMarkets™, The oxygen therapy equipment market is expected to reach USD 4.01 Billion, at a CAGR of 8.7%

Factors driving the growth of this market are the increasing prevalence of respiratory disorders, rapid growth in the geriatric population, prevalence of tobacco smoking, preference towards home-based oxygen therapy, and technological advancements to develop novel products delivering oxygen therapy.

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Oxygen source equipment is expected to dominate the market in 2017

On the basis of products, the oxygen therapy equipment market is segmented into oxygen source equipment and oxygen delivery devices. The oxygen source equipment segment is expected to dominate the global oxygen therapy equipment market in 2017. The increasing incidence of respiratory disorders and technological advancements to develop smaller, quieter and more effective equipment are key drivers increasing the demand for oxygen source equipment.

Browse and in-depth TOC on "Oxygen Therapy Equipment Market"

148 - Tables

46 - Figures

175 - Pages

Stationary oxygen therapy devices are estimated to command the largest market share in 2017

The oxygen therapy equipment market is segmented by portability into stationary devices and portable devices. In 2017, the stationary devices segment is expected to account for the largest share of the oxygen therapy equipment market, by portability. Severe complications in patients suffering from respiratory disorders and the increasing proportion of geriatric population across the globe are major drivers for the growth of this segment.

North America to account for the major market share in 2017

Based on region, the oxygen therapy equipment market is segmented into North America, Europe, Asia-Pacific, and Rest of the World (RoW). North America is expected to dominate the oxygen therapy equipment market in 2017 on account of the increasing proportion of the geriatric population, rising number of hospitals, and increasing awareness regarding oxygen therapy.

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Key players in the oxygen therapy equipment market include Philips Healthcare (Netherlands), Linde Healthcare (Germany), Chart Industries, Inc. (U.S.), Invacare Corporation (U.S.), Becton, Dickinson and Company (U.S.), Smiths Medical (U.S.), Drägerwerk AG & Co. KGaA (Germany), Teleflex Incorporated (U.S.), Fisher & Paykel Healthcare Corporation Limited (New Zealand), medicap homecare GmbH (Germany), GCE Holding AB (Sweden), Allied Healthcare Products Inc. (U.S.), Medicop D.O.O. (Slovenia), Andreas Fahl Medizintechnik-Vertriebs GmbH (Germany), and Respan Products Inc. (Canada).

Global Medical Supplies Market Report Analysed by Size, Share, Growth, Industry Demand and Forecast

The Research Report Consist of 225 pages, which covers Global Medical Supplies Market overview, Major Key Players detailed Analysis, market opportunities, market risk, forecast for the next five years, major driving factors for the market as well as detailed analysis for CAGR, scope, research findings, leading key players marketing strategy to acquire major market in the form of revenue.

The Global Medical Supplies Market is expected to reach $ 136.63 billion, at a CAGR of 6.8%

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Critical questions the research report answers:

• Where will all these developments take the industry in the mid to long term?
• What are the upcoming industry applications for medical supplies?

Medical Supplies Market Based on type:

Based on the type, the market is segmented into diagnostic supplies, dialysis consumables, wound care consumables, inhalation products, radiology consumables, infection control supplies, infusion products, intubation and ventilation supplies, personal protective equipment (PPE), hypodermic products, sterilization consumables, and other supplies. The dialysis consumables segment is projected to register the highest CAGR during the forecast period. The major factors contributing to the growth of this medical supplies market include increasing patient pool for renal diseases, rising incidence of diabetes and hypertension, growing the geriatric population, and increasing adoption of dialysis procedures over kidney transplantations.

Medical Supplies Market in terms of Application:

Based on application, the market is segmented into urology, wound care, radiology, anesthesia, sterilization, cardiology, ophthalmology, and other applications. The anesthesia segment is expected to register the highest growth during the forecast period. The high growth in this segment is attributed to the increasing number of surgical procedures being performed across the globe and the rising incidence of respiratory diseases.

Urology-

Urology is an important application segment in the medical supplies market and has witnessed significant growth in recent years owing to the increasing incidence of kidney and urological conditions, and the rising geriatric population. The prevalence of urological and kidney diseases, such as chronic kidney disease (CKD), end-stage renal disease (ESRD), urinary tract infection (UTI), urinary stones, benign prostate hyperplasia (BPH), kidney cancer, and bladder cancer, is increasing across the globe. According to the Scottish Kidney Federation, over 500 million people across the globe suffer from some form of kidney disease.

The Major Players Operating in the Medical Supplies Market:

The major players in the market include Becton, Dickinson and Company (U.S.), Boston Scientific Corporation (U.S.), Johnson & Johnson (U.S.), 3M Company (U.S.), Medtronic plc (Ireland), B. Braun Melsungen AG (Germany), Thermo Fisher Scientific Inc. (U.S.), Cardinal Health, Inc. (U.S.), Baxter International Inc. (U.S.), and Halyard Health, Inc. (U.S.).

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Surface Disinfectants Market Analysis, Segments, Key Players, Drivers, Trends and Forecast

The major factors driving the growth of this market are the increasing number of surgical procedures, rising geriatric population, and subsequent growth in the prevalence of chronic diseases.

Surface Disinfectants are chemical formulations that eliminate microorganisms from surfaces or significantly decrease the possibility of their transfer — through hand contact — between surfaces. These include bedside tables, chairs, walls, floors, and medical equipment (clinical contact surfaces).

The Surface Disinfectants Market is projected to reach USD 789.1 million, at a CAGR of 8.3%.

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The Surface Disinfectants Market Segmentation:

· on the basis of type.

· on the basis of formulation.

· on the basis of application.

· on the basis of end user.

Geographical Segmentation for Surface Disinfectants Market:

The Surface Disinfectants Market is segmented into North America, Europe, Asia, and the Rest of the World (RoW).

The market is dominated by North America, followed by Europe, however, the Asian region is expected to witness the highest growth during the forecast period.

The presence of emerging economies like China and India; large population; growth in the number of hospitals, and increasing awareness about infection control in the region are some of the key factors driving the high growth of this regional segment.

The Prominent Key Players operating in the Surface Disinfectants Market:

Acquisition and product launches were the key strategies followed by players in the Surface Disinfectants Market.

Key players operating in the Surface Disinfectants Market include 3M Company (U.S.), Cantel Medical Corporation (U.S.), Johnson & Johnson (U.S.), Procter and & Gamble (U.S.), Reckitt Benckiser Group plc. (U.K.), The Clorox Company (U.S.), and Sealed Air Corporation (U.S.).

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