Tag Archives: statistics

Global Orthopaedic Prosthetics Devices Market to Reach US$ 1.76 Bn in 2017

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Global demand for orthopaedic prosthetics devices market is projected to reach US$ 1.76 Bn in 2017, up from US$ 1.69 Bn in 2016. Demand for orthopaedic prosthetics devices will be fuelled by increasing baby boomers & geriatric population. Availability of advanced prosthetics that offer customisation and enhanced functionality will continue to witness increasing demand in developed markets. However, high cost and lack of favourable reimbursement policies will continue to pose challenges to wider adoption. North America will continue to remain the largest market for orthopaedic prosthetics devices, owing to strong demand in the U.S. Sales of orthopaedic prosthetics devices in the Western Europe – the second largest market globally – will remain concentrated in EU5.

Global IT Operations and Service Management (ITOSM) Market had Reached US$30.96 bn by the End of 2024

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The global IT operations and service management (ITOSM) market had reached US$17.44 bn in 2015. The market is on pace to exhibit a 6.5% CAGR between 2016 and 2024. Although the adoption of enterprise IT has palpably been on the rise in larger organizations, small and mid-sized businesses are still not entirely sold on the idea of investing in IT operations and service management because they continue to remain skeptical about the return on investment. While this challenges the growth of the ITOSM market’s growth, it is also where untapped opportunities lie, TMR expects.

Civilian Less Lethal and Self Defense Weapons Market

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Civilians in North America are showing a consistent increase in concern over personal safety, especially for the feminine population. This is the prime driver for the North America civilian less lethal and self-defense weapons market, as use of a deterrent can prove highly valuable in life-threatening situations. Another factor allowing the higher production of less lethal weapons is a result of the humanitarian efforts raised against the use of lethal force in riot control by defense personnel.

Global Dialysis Products and Services Market to Reach US$115.4 bn by 2020

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Linear Actuators Market is Projected to Reach US$5,236.6 mn by 2024

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The North America market for linear actuators is chiefly driven by the rising adoption of automation across a number of industries, an increased focus on wastewater management, and the flourishing aerospace and defense industry. An exponential rise in shale gas exploration activities in the region is also expected to levy a significant positive impact on the market’s overall development in the next few years.

Global CSP Market Poised to Touch US$8.67 bn by 2020

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The global concentrated solar power (CSP) market holds a huge opportunity to rise owing to the increasing implementation of heat storage systems as well as hybridization of concentrated solar power plants with traditional thermal plants. CSP technology is said to be immensely capital intensive in nature and it can be deployed at commercial scale without the requirement of support from financial and governmental institutions. The prominent players operating in the global CSP market are continuously flourishing due to the constantly rising energy demand and the growing concerns about clean energy within developing nations.

Global Reusable Water Bottles Market to Expand at a CAGR of 3.6% Between 2017 and 2025

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The global market for reusable water bottles is displaying steady growth over the recent years as consumers are increasingly shifting towards reusable water bottles in place of single-use bottles. Reusable water bottles that are made of metal, glass, polymer, or silicone offer high durability and strength that single-use water bottles lack. Product manufacturers are striving to introduce novel products that serve consumer preferences and demands.

Global Facility Management Market worth US$110.42 bn by 2024

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With the rising trend of outsourcing of services, France is expected to witness lucrative opportunities in the market for facilities management over the forthcoming years. Expanding at a healthy CAGR of 9.80% between 2016 and 2024, the opportunity in the France facilities management market is likely to increase from US$48.02 bn in 2015 to a value of US$110.42 bn by the end of the forecast period.

Valuation of Global Video Telemedicine Market to Reach US$1,624.4 mn by 2020

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