The pharmacovigilance (phv) market is anticipated to grow at a compound annual growth rate of 13.5% for the forecasted period (2023 – 2032). As the world's population ages, chronic diseases have increased; and more adverse drug reactions mean more pharmacovigilance.
Rising population worldwide has resulted into the ever-increasing demand for food products over the period of time. Additionally, growing water scarcity issues coupled with uncertain/unfavorable climatic conditions is another major challenge for the agriculture sector. As a result, people are now turning towards advance farming practices as an effort to overcome these challenges and increase agricultural yield.
The global infusion pumps market is anticipated to grow at a steady pace during 2016-2023. The major factors influencing the demand for infusion pumps include growth in incidence of chronic pain, diabetes, gastrointestinal disorders and other debilitating chronic diseases and conditions. Auxiliary drivers if this market include the phenomenal rise in geriatric population pool and gradual technological developments in infusion pumps.
The use of Short Messaging Service (SMS) for advertising and other promotional activities in varied verticals including healthcare, entertainment, transport, and finance has been gaining lot of interest in the recent years.
Countries across the world are facing challenges from increasing number of terror attacks and crimes and looking for advanced solutions which improve the security at both public and private places. Traditional individual authentication technologies such as passwords and tokens can be easily hacked by unauthorized person. Biometrics technology enables the users to overcome this challenge and reduces risk of providing access to unauthorized person as this technology uses an authorized person’s physiological or behavioral characteristics for identification.
This report on global X-ray equipment market studies various technologies and products used for medical diagnosis in the field of healthcare. X-ray equipment helps in diagnosing various diseases such as cardiovascular, pulmonary, oral (dental) diseases and others. Globally the X-ray applications are implemented with several different technologies. Portability in diagnostic devices is the major factor shifting the imaging diagnostic market away from stationary imaging devices.
Smart grids are expected to gain large traction in the coming years. This is mainly attributed to the ever rising consumption of electricity worldwide. Nevertheless, smart grid installation is accompanied by huge volumes of data generated from the smart grid network which needs to be analyzed effectively. Smart grids generate large volumes of data which can be used to analyze different parameters such as consumer behavior, operation of grid components and overall network health.
Ostomy refers to a surgical procedure wherein artificial opening is created for elimination of body wastes. Body wastes such as urine, feces and mucus are collected in artificial bags attached to the artificial orifice and these products are called ostomy drainage bags. Ostomy drainage bags are used in treating various gastrointestinal conditions.
Stringent government regulations promoting energy efficient solutions coupled with the varying environmental conditions is expected to drive the demand for new HVAC equipment installations in the coming years. In addition, infrastructural development and increased discretionary household expenditure is expected to have positive impact on the market growth. These factors are expected to contribute towards a compounded annual growth rate (CAGR) of 5.6% during the forecast period 2015 – 2023.
Perpetually increasing demand for quantum dots based LED displays is identified as the major factor driving the quantum dots display (QD display) market. The increasing demand can be attributed to the superior characteristics offered by quantum dots in terms of energy efficiency, brightness, and color purity. Furthermore, government regulations promoting the use of energy efficient products have had positive impact on the technology adoption and market demand.
