Global Mobile Virtual Network Operators Market to Expand Substantially as Number of Mobile Phone Users Increases: Fortune Business Insights

The global mobile virtual network operators market is anticipated to report a CAGR of 7.8% between 2018 and 2025 with the rapid increase in the number of mobile phone users. Key insights into this fast growing market have been shared by Fortune Business Insights in its report, titled “Mobile Virtual Network Operators (MVNO) Market Size, Share and Global Trend by Operational Model (Reseller MVNO, Service Provider MVNO, Full MVNO), Service Type (Postpaid, Prepaid), Subscriber (Business, Individual/Residential) and Geography Forecast till 2025”. The report points out the most influential factors that are expected to drive the market during the forecast period. 

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The market was valued at US$ 62.5 Bn in 2017 and is likely to reach US$ 113.9 by 2025. Mobile virtual network operators are small cell phone carriers (for example, Boost Mobile, Metro) that use the network of a larger carrier such as Verizon or AT & T. The difference between the two is that the small carriers use the cell towers built by the big carriers to provide service. The big carriers build, operate, and maintain their own cell towers; the small carriers use these towers and since they do not have to build or maintain any infrastructure, they can offer services at cheaper rates. 

Expanding Customer Base and Increasing Digitization to Fuel the Market

With steadily advancing wireless network technology, mobile virtual network operators are able to provide services at even lower prices which has expanded their customer base significantly. Rising costs of network services of large companies like AT & T are pushing consumers to switch to mobile virtual network operators. For example, the Verge recently reported that AT & T more than doubled its fee mid-2018. This has increased the global mobile virtual network operators market size and it is expected to grow in the forecast period. Moreover, many mobile virtual network operators are designing plans and schemes for international students, tourists, and other diaspora. For example, the UK-based Lycamobile specifically offers low-cost international calling, messaging, and data plans across Europe and parts of Africa, USA, and Australia.

Increasing digitization of services such as banking and growing popularity of e-commerce is expected to further fuel the global mobile virtual network operators market till 2025. Rising adoption of technology in both developed and developing countries for efficient service delivery augurs well for the global mobile virtual network operators market. For example, e-banking and mobile banking are becoming popular as they allow consumers to operate their bank accounts from their home. These factors combined are expected to propel the market revenue to USD 113.9 billion by the end of 2025.

Slow Data Speed Makes Growth a Bumpy Ride for Overall Market

While mobile virtual network operators offer a lot of advantages to customers, there are certain cons that can impede the smooth growth of the market. These can include slow data speeds, bad coverage outside of core areas, fewer phone purchase options, among others. For example, Lycamobile is notorious for frequent call drops and loss of network in many areas in the UK and Ireland. These issues can make a potential customer to think twice before paying for the service. This is especially true in case of international students who need to make frequent calls to their home countries. Such factors can limit the growth of the global mobile virtual network operators market.

Key Players to Drive the Market

As the global mobile virtual network market grows, competition is expected to intensify. Fortune Business Insights identifies key players influencing the market. These include Virgin Mobile, Lycamobile, Verizon Wireless, Project FI by Google, Affinity Cellular, and a few others.   

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https://www.fortunebusinessinsights.com/enquiry/sample/mobile-virtual-network-operators-market-100076

Asia Pacific to Hold a Commanding Market Position

Regionally, Asia-Pacific is expected to exhibit the highest CAGR in the global mobile virtual network operators market during the forecast period. The region has already generated a market revenue of USD 18.2 billion in 2017 and will keep rising till 2025. The market is Asia-Pacific is to be led mainly by India and China where digitization of services is rapidly rising. Furthermore, government policies and programs are being formulated on the basis of technology. For example, promotion of cashless transactions in India has led to a surge in virtual payment systems such as Google Pay and Paytm. These developments bode well for the market as its size will increase with increasing mobile phone and internet penetration in the region.

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https://www.fortunebusinessinsights.com/industry-reports/mobile-virtual-network-operators-market-100076

Global Video on Demand Market to Expand at 9% CAGR; Flipkart’s Upcoming VoD Service Will Boost the Market, says Fortune Business Insights

The global video on demand market is likely to expand in the coming years with impetus from advancements in mobile networks. According to a report by Fortune Business titled “Video On Demand Market Size, Share and Global Trend by Technology (SVOD, TVOD, AVOD), Content Type (Sports, Music, TV Entertainment, Kids, Movies), and Geography Forecast till 2025,” the market was valued at US$ 43.9 Bn in 2017. Fortune Business Insights has predicted that the market will reach US$ 87.1 Bn by 2025 and is likely to exhibit a CAGR of 9% during the forecast period.

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Growing Internet Penetration to Enable Growth

The growing use of internet in all parts of the world has contributed massively to the global video on demand (VoD) market. The demand for high quality internet services through mobile networks or wired lines has resulted due to various online facilities and availability of streaming. The availability of wide bandwidth and fast paced internet services has led to the rising uptake of video on demand services. The adoption of multiscreen services for content streaming and an increasing uptake of smartphones will aid the growth of the global video on demand market and will boost the market in the coming years.

Flipkart set to Launch VoD Service in India

Walmart’s latest acquisition of Flipkart will contribute to the business expansion of the company in the coming years. Influenced by Amazon’s success in video on demand services such as Amazon Prime, Flipkart plans to launch its on video on demand services in India. The global VoD market can benefit hugely from contribution through renowned companies such as Flipkart and Amazon. Additionally, worldwide streaming websites such as Netflix will add to the growth of the global video on demand services market in the coming years.

North America Holds Majority of the Market Share

As of 2018, North America held majority of the share of the global VoD market. Increasing number of VoD service providers resulting primarily from the huge demand for video on demand services. Furthermore, high quality video content including sports, entertainment, and commercial TV has added to the demand of video on demand services. Content creators are collaborating with video on demand service providers to promote their data. The aforementioned factors have led to the growth of the video on demand market in North America. 

Read more in this Press Release:

https://www.fortunebusinessinsights.com/press-release/video-on-demand-market-9052

Rising uptake of pay-per-view programs and movies has added to the growth of the video on demand services market in Asia Pacific. Furthermore, increasing number of smartphone users as well as smart devices such as tablets and other consoles have led to the growing adoption of video on demand services in Asia Pacific. Fortune Business Insights has predicted that the video on demand market in Asia Pacific will exhibit the highest CAGR during the forecast period.

In this report, Fortune Business Insights includes a brief analysis on the leading companies in the global VoD market. The report gauges the impact of the attractive business strategies that these companies have adopted, on the global market. Some of the leading companies that are operating in the global video on demand market are Youtube LLC, Netflix Inc., Hulu LLC, Amazon Prime Video, and Apple Inc.

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https://www.fortunebusinessinsights.com/industry-reports/video-on-demand-market-100140

Blockchain Technology Market to Reach USD 27,070.2 Million by 2026; Increasing Investment in Product R&D to Aid Growth

The global blockchain technology market size is prophesized to reach USD 21,070.2 million by the end of 2026. The advent of bitcoin in 2009-2010 has brought drastic changes in the information technology industry. Rising support from governments and pubic authorities will help the market grow at an accelerated pace. As per the report published by Fortune Business Insights, titled “Blockchain Technology Market Size, Share and global Trend By Offerings (Vertical Solutions and Blockchain-as-a-Service), By Deployment (Proof of Concept, Pilot and Production), By Industry Vertical (BFSI, Energy & Utilities, Government, Healthcare and Life Sciences, Manufacturing, and Others) and Geography Forecast till 2025,” the market size stood at USD 1,640.7 Million in 2017. Furthermore, the market is estimated to project a stellar CAGR of 38.4% during the forecast period, 2018-2025.   

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Companies worldwide are now increasingly investing in research centers for developing and deploying the blockchain technology. This, coupled with the rising investments  by governments or public authorities is expected to further drive  the blockchain technology market. . Thus, increasing venture capital funding and investments in Blockchain  technology, and the rising popularity of Blockchain solutions in retail and supply chain management sectors will create lucrative growth opportunities for the global Blockchain systems market during the forecast period.

However, uncertain regulatory and compliance environment and the limited availability of technical skills required for the implementation of Blockchain technology may hamper the market growth.

IBM Corporation Holds Largest Share in Blockchain Technology in terms of Revenue

Some of the leading players operating in the global blockchain technology market are Altoros, Microsoft Corporation, IBM Corporation, and Oracle Corporations. Among these, IBM Corporation is focusing on diversification strategy to gain competitive advantage in the market. The company is focusing on improving the accessibility of their key Blockchain products such as IBM blockchain platform for IBM Cloud Private, IBM Blockchain Platform free 2.0 beta, and IBM blockchain platform for AWS. This is intended to build a strong network, thus penetrating deeper into markets with untapped opportunity. Moreover, there are about more than eight ongoing projects with more than 130 associates, in 25 countries, all working to develop IBM’s Hyperledger Fabric Project. In 2017, IBM Corporation emerged dominant with the highest market share in terms of revenue

BFSI to Emerge Most Attractive Industry Type

The annual value of cyber-attacks and frauds in the BFSI segment is anticipated to be worth thousands of millions of dollars, making it a global challenge. In order to overcome this challenge, major players such as Deloitte and Microsoft Azure are focusing on introducing blockchain solutions and blockchain-as-a-service offerings. Thus, BFSI accounted for a major share in the global market for blockchain solutions in the year 2017. Factors such as the rising need for faster and transparent transactions across various industry verticals around the world and the improved penetration “Proof of Concept” solutions in developing countries are likely to help the global market for blockchain solutions report a steady growth during the forecast period.

On the basis of deployment, ‘proof of concept’ is likely to emerge as the fastest growing segment during the forecast period. This is because of the rising need for optimization of online transactions facilities in both the retail industry and BFSI. Governments of various nations are investing considerably in the deployment of blockchain solutions in emerging industries such as healthcare and BFSI. According to Fortune Business Insights, this is likely to bode well for the global blockchain solutions market in the long run.

Alliances and Partnerships among Leading Players to Make North America Generate Lead Revenue

North America emerged dominant  in the global blockchain technology market in 2017. The North America market was valued at US$ 820 Mn in the year. This was because of the increasing alliances and partnerships between service providers and key companies in the U.S. The blockchain technology market in Europe is likely to  grow at an accelerated pace owing to the presence of several manufacturing industries in the region.

To get a detailed report summary and research scope of this market, click here:

https://www.fortunebusinessinsights.com/industry-reports/blockchain-technology-market-100072

Aerial Imaging Market to Rise at 14.2% CAGR as Companies Focus on Technological Developments and Product Innovation, says Fortune Business Insights

Recent technological advancements are enabling global aerial imaging market grow at a rapid pace. Fortune Business Insights has published the above information in a report, titled “Aerial Imaging Market Size, Share and Global Trend By Camera Orientation (Oblique, Vertical), Platform (Fixed-Wing Aircraft, Helicopter, UAV/Drones), End-Use Industry (Government, Energy Sector, Defense, Forestry and Agriculture, Real Estate, Civil Engineering, Insurance) And Geography Forecast till 2025.”

According to the report, the global aerial imaging market covered a value of US$ 1439.3 Mn in the year 2017 and is expected to reach US$ 4125.2 Mn by 2025. At this pace, the global aerial imaging market is projected to report a remarkable CAGR of 14.2% during the forecast period.

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Aerial photography offers cost-effective solutions and high precision features for updating the maps, route designing, and urban planning. Over the past few years, the aerial imaging market is witnessing persistently rising adoption of aerial imaging services across end-use applications.

"Demand from Government Sector Forecast to Skyrocket"

A lead analyst at Fortune Business Insights said, “Construction, government, and agriculture are segments which account for a major share in the global aerial imaging market. “The rising use of aerial imagery across these sectors is the chief factor driving the market,” he continued. Also, rising demand for resource management and energy especially in construction sector is likely to boost growth in the aerial imaging market. As per camera orientation, oblique aerial imaging is expected to gain more traction and cover a significant share. The oblique aerial photography helps in efficient cost reduction of planning, inventory management, and mapping. In the coming years, the demand from government is likely to skyrocket at the wake of rising security concerns. Besides this, aerial imaging serves diverse purposes within the sector, which is expected to enable growth in the overall market.

"Asia Pacific to Exhibit Attractive Growth Rate by 2026"

Among regions, North America is anticipated to lead as a global leader in the aerial imaging market. This is ascribable to the implementation of aerial imaging solutions by forestry and agriculture industry in North America. The rising implementation of such solutions is expected to help industries make better decisions in the coming years. Moreover, the region covered a value of US$ 683.7 Mn in the year 2017 and is likely to remain dominant throughout the forecast period. Following North America, the market in Asia pacific is projected to rise at a strong growth rate in the upcoming years. The rising adoption of aerial imaging systems by sectors such as agriculture, defence, and energy is likely to create attractive growth opportunities for the aerial imaging market in this region.

"Technological Advancements in Aerial Photography to Spur Growth"

The advent of advanced technology is expected to further increase the overall share of the global aerial imaging market. The rising adoption of smart phones, digital media developments, and improvements in wireless applications enable growth in the aerial imaging market. In addition to this, growing IoT applications may offer location-based services to companies. These services include social networking, online food restaurants, and e-commerce websites may contribute towards the growth of aerial imaging technology until 2026.

"Issues Associated with Privacy and Security May Hamper Growth"

Strict regulations on national security and privacy are likely to negatively impact the aerial imaging market. Specific regulation especially in the U.S. and U.K. with regards to security and privacy issues may restrict the market to some extent. Another factor impeding the growth of the aerial imaging market is bad weather conditions and other environmental factors. These factors may result in prevention of accurate data collection of aerial imaging.

Read more in this press release:

https://www.fortunebusinessinsights.com/press-release/aerial-imaging-technology-market-9045

"Eagleview Technologies, Inc. Focusing to Expand its Global Reach by 2026"

Presently companies such as NRC Group ASA, Fugro N.V, EagleView Technologies, Inc., and Nearmap Ltd. cover one-third of the market in terms of revenue. The broad networking distribution of these companies in several regions is likely to maintain their global footprint in the global market for aerial imaging. Market leaders are adopting robust strategies to strengthen their foothold. For instance, Eagleview acquired an aerial imagery Australian company called Spookfish in December 2018. The main objective of Eagleview Technologies, Inc. was to enhance its aerial imaging equipment and systems. Rising R&D investments and technological innovations are some of the strategies adopted by leading companies to expand their global reach. Some of the leading players include Landiscor Real Estate Mapping, 3D Robotics, Kucera International Inc., Cooper Aerial Surveys Co., GeoVantage Inc., Airobotics, Digital Aerial Solutions LLC, and DroneDeploy.

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https://www.fortunebusinessinsights.com/industry-reports/aerial-imaging-market-100069

Digital Blood Pressure Monitors Market to Gain from Rising Demand for Early Diagnosis of Diseases

The global digital blood pressure monitors market is projected to achieve a market figure of USD 1440.3 million by 2025, growing at a CAGR of 10.1%. Rising prevalence of hypertension and associated disorders is cited be one of the main factors driving the global digital blood pressure monitors growth. Hypertension, also known as elevated blood pressure, is a severe physiological condition that can lead to serious disorders in the kidneys, heart, and brain such as stroke and blindness. For example, of the 17 million annual global deaths, 55% were caused by cardiovascular diseases, resulting from raised blood pressure, as stated by the World Heart Federation. 

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According to the World Health Organization (WHO), around 40% of the world’s population is suffering from hypertension, impacting economies and public health negatively. This augurs well for the global digital blood pressure monitors market growth as elevated BP levels will raise the demand for digital BP monitoring devices.

Some of the key participants in the global digital blood pressure monitors market include:

• Masimo Corporation
• Welch Allyn
• Smiths Group
• GE Healthcare
• Omron Healthcare
• American Diagnostic Corporation
• Nihon Kohden Corporation

According to the Fortune Business Insights report, titled “Digital Blood Pressure Monitors Market Size, Share and Industry Analysis By Product Type (Arm Type & Wrist Type), End User (Hospitals, Ambulatory Surgical Centers & Clinics, Homecare Settings & Others) and Regional Forecast, 2018 – 2025”, the global digital blood pressure monitors market value in 2017 was USD 666.6 million. The report also contains a comprehensive analysis of all the possible factors and trends that will shape the market during the forecast period. 

"Inherent Disadvantages of Mercury Sphygmomanometers to Boost Market Expansion"

Mercury sphygmomanometers are plagued by multiple disadvantages, forcing patients and doctors to shift towards digital blood pressure monitors. For example, since mercury is toxic for human and ecological health, any spills can be hazardous and the recovery costs. Furthermore, reading mercury sphygmomanometers requires great skill, which everyone may not possess. Additionally, these devices can experience a lag if they are not properly vented, leading to inaccurate readings. 

Lastly, maintaining mercury sphygmomanometers is a tedious task and their accuracy is heavily dependent on how one is holding them. These limitations are expected to boost the adoption rate of digital BP monitors and expand the global digital blood pressure monitors market size.

"High-stress Levels in the US to Propel the Market in North America"

According to a survey conducted by Gallup, 55% of Americans suffer from persistent stress. More importantly, the most stressed is experienced by younger Americans aged between 15 and 49, that is, majority of their working population. As a result, North America is anticipated to hold the major portion of the global digital blood pressure monitors market during the forecast period. 

Rising hypertension incidence rate and widespread prevalence of cardiovascular diseases are expected to drive the market for digital blood pressure monitors in Europe till 2025. In Asia-Pacific, expanding working population in India and China is the main factor that will significantly accelerate the global digital blood pressure monitors market revenue in the foreseeable future.

"Exciting Innovations to Intensify Market Competition"

Lack of physical activity, high cost of healthcare, and increasing levels of workplace-related stress has led to a speedy rise in the demand for digital blood pressure monitors. This has opened new vistas for players in the global digital blood pressure monitors market to explore and exploit. 

Read more in this press release:
https://www.fortunebusinessinsights.com/press-release/blood-pressure-monitor-market-9106

One of the dominant strategies being adopted to gain an edge in the market is the creation of novel products. For example, Panasonic developed the EW3109W Upper Arm Blood Pressure Monitor that immediately alerts the user if she is experiencing hypertension. It also allows for storing of 90 readings and comes with an in-built LCD screen for ease of reading.  Similarly, iHealth has come out with its iHealth Feel Wireless Blood Pressure Monitor that can take 80 readings in a single charge. It is connected to the user’s Android or iOS device.

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https://www.fortunebusinessinsights.com/industry-reports/blood-pressure-monitors-market-100059

Medical Devices Market to Reach US$ 602.1 Billion by 2025, Continuous Product Innovations to Support Growth

Companies operating in the Global Medical Device Market are likely to leverage product innovations to establish a strong foothold.  Manufacturers are likely to continue focusing on modifying medical devices to gain competitive strength. The presence of several players at global as well as regional levels, has rendered the global medical devices market highly fragmented. Some of the major players operating in the global medical devices market are De Puy Synthes, Philips Healthcare, Ethicon LLC., Cardinal Health, Medtronic, Baxter International Inc. and Siemens Healthineers.

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Among these, Medtronic held the highest share in the global medical devices market in the year 2017. The company is likely to show positive growth in the coming years owing to its diverse product portfolio and innovative strategies. In addition to this, the company has a strong and established brand presence. This, coupled with the robust R&D focus, will enable the company to maintain a stronghold in the global medical devices market. Fortune Business Insights in a new study attributes such factors to catapult Medtronic to the fore of the global medical devices market.

The study is titled “Medical Devices Market: Global Market Analysis, Insights and Forecast, 2018-2025,” and is currently available for sale on the official website. The report forecasts the global medical devices market to exhibit a CAGR of 5.3% between 2018 and 2025. At this pace, it is expected to reach US$ 602.1 Bn by the end of 2025, as against US$ 397.5 Bn valued in 2017.

“Strategic initiatives by several market players will help them to contribute towards the growth of the medical devices market,” says a lead analyst at FBI. Some of the recent innovations by leading players, which are likely to boost the medical devices market are:

• In 2017, DePuy Synthes launched Purevue, a high definition visualization system to capture HD images. The system is also used to perform minimally invasive endoscopic surgeries.
• In 2018, Siemens Healthineers launched a next-generation ultrasound system called Acuson Juniper to use it across different clinical segments.

Rising Geriatric Population to Increase Adoption of Medical Devices

Fortune Business Insights projects the demand for medical devices to increase in the coming years owing to the rise in geriatric population. As per the National Institute of Health (NIH), the U.S. listed around 617 million people aged 65 years and above in 2015. The figure is forecast to rise further in the coming years, thus enabling growth in the medical devices market. Several other factors spelling growth for the medical devices industry are:

• Rising prevalence of chronic diseases such as cancer, coupled with growth in surgical procedures across the world, boosts the market.
• Governments across regions are investing in the new generation medical devices, thus creating a growth space for the medical devices market.
• Technological advancements and rising demand for innovative therapies to overcome unmet needs in the healthcare sector are supporting growth of the medical device market. This has further led to the  advent ofnew medical device designs, which will drive the medical devices market during the forecast period.

In terms of end user, the hospitals & ambulatory surgical centers segment dominated the global medical devices market in 2017. Developing healthcare infrastructure, rising healthcare expenditures, increasing emphasis on better patient outcomes, and lucrative reimbursement policies are expected to drive the hospitals & ambulatory surgical centers segment during the forecast period.  Fortune Business Insights expects the demand from hospitals to shoot up during the forecast period.

Rapid Adoption of Novel Medical Technologies Boosts Medical Devices Market in Asia Pacific

The global medical devices market in North America was valued at US$159.0 Bn in the year 2017. The region is likely to hold a considerable share in the global medical devices market during the forecast period. This is ascribed to the high adoption rate of advanced treatments and large target patient population. Besides North America, Asia Pacific is forecast to offer lucrative growth opportunities to the medical devices market. The region exhibits high growth potential owing to rising disposable income among consumers and improving healthcare infrastructure.

However, the medical devices market in Europe is anticipated to expand at a relatively lower growth rate during 2018-2025, attributed to a relatively mature market and the smaller patient pool.

Browse Complete Report: https://www.fortunebusinessinsights.com/industry-reports/medical-devices-market-100085

Magnetic Resonance Imaging (MRI) Systems Market Is Predicted to Grow Driven by Increasing R&D Activities in the Field of Neuroscience

Rapidly increasing healthcare expenditure in emerging nations is propelling the growth of the magnetic resonance imaging systems market “Magnetic Resonance Imaging (MRI) Systems Market Size, Share and Global Trend by Strength (Less than 1.5 T, 1.5 T & More than 1.5 T), Application (Musculoskeletal, Neurology, Cardiology, Body Imaging), End User (Hospitals, Ambulatory Surgical Centers, Diagnostic Centers) and Geography Forecast till 2025.” The global magnetic resonance imaging system market is expected to reach a value of US$ 11,725.9 Mn by 2025 from US$ 7,165.6 Mn in 2017 at an exceptional CAGR of 6.4%.

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"Extensive R&D Activities to Facilitate Growth"

Expeditiously increasing healthcare reimbursement policies along with promptly developing healthcare infrastructure in developing as well as developed nations are encouraging the use of the magnetic resonance imaging machines. Recent technological advancements in magnetic resonance imaging procedures and extensive research and development in the field of neuroscience are leading to the adoption of magnetic resonance imaging machines which is then boosting the magnetic resonance imaging systems market. 

Further rising prominence in leveraging diagnostic imaging has led to the development of advanced MRI uses such as neonatal MRI, breast MRI, and others. In addition, the efficient image acquisition of MRI machines along with high spatial resolution are some of the features which are steering the growth and fueling demand for MRI scan.

"1.5T to Be the Most Preferred MRI Option"

The market on the basis of strength are segmented into less than 1.5 T, 1.5 T and more than 1.5 T. Of these, 1.5 T accounted for 70.5% of the MRI systems market share in 2017 and is predicted to grow at a high CAGR attributing to the integration of innovative algorithms in MRI machines along with reasonable costs. MRI systems on the basis of application are segmented into musculoskeletal, neurology, cardiology, body imaging. 

Musculoskeletal segment is predicted to grow at a remarkable rate in the forthcoming year owing to the established clinical efficiency of MRI machines in comprehensive bone imaging. Furthermore, neurology is also predicted to grow at a comparatively higher rate due to development in neuroscience, most conspicuously in emerging countries. Magnetic resonance imaging systems market on the basis of end-user is segmented into ambulatory surgical centers, hospitals, and diagnostic centers. 

The hospital sector in developing nations is expected to witness high growth in the forthcoming year owing to the allocation of significant funds by the government. However, the cost of MRI machines is proportionately related to the technology embedded in it. Handling costs of acquisition and maintenance of MRI machines with advanced technology for improved results is a major obstacle for the growth machine resonance imaging procedures. Therefore, this factor is restricting the growth of the global magnetic resonance imaging system market

"Rising Prevalence of Neurological Disorders in Asia Pacific to Promote Growth"

Geographically, the global magnetic resonance imaging systems market is segmented into North America, Europe, Asia Pacific, the Middle East & Africa. The Asia Pacific market was valued at US$ 3,159.5 Mn in 2017 and is predicted to lead the global MRI systems market in the forthcoming year. The increasing acceptance of MRI machines for diagnostic imaging and execution of strategies by market players is fostering the growth in the region. 

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https://www.fortunebusinessinsights.com/press-release/magnetic-resonance-imaging-system-market-9075

Increasing incidences of neurological disorder and musculoskeletal is further boosting the magnetic resonance imaging systems market. Extensive R&D activities for cardiovascular and neurology are likely to contribute significantly to the growth of the magnetic resonance imaging systems market in Europe and North America.

Global magnetic resonance imaging systems market key players are GE Healthcare, Siemens Healthcare, Koninklijke Philips N.V., Canon Inc., Hitachi, Ltd., Esaote SpA, Shenzhen Anke High-tech Co., Ltd., Time Medical Holding, SHENZHEN BASDA MEDICAL APPARATUS CO., LTD., Fonar Corporation, and other prominent players

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https://www.fortunebusinessinsights.com/industry-reports/magnetic-resonance-imaging-mri-systems-market-100087

Global Dental Implants Market to Gain Traction; Dentsply Launches Lucitone HIPA Denture Base: Fortune Business Insights

The global dental implants market size is set to reach USD 5,725.7 million by 2026, exhibiting a CAGR of 5.1% during the forecast period. Increasing aging population is one of the key factors driving growth of this market. Aging entails a host of health issues and oral health is one of the most prominent among them. Weakening of muscles, improper bowel movement, and slow metabolism are some of the primary causes of oral diseases during old-age.

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The World Health Organization (WHO) states that the rate of aging of populations around the world is faster than it was in the past. According to it, as early as 2020, the world will witness the number of people aged above 60 will outnumber children below the age of 5. The organization predicts that by 2050, close to 22% of the world’s population will be above the age of 60. This will likely fuel the demand for dental implants as oral care becomes a priority among old people.

According to the Fortune Business Insights report, titled “Dental Implants Market Size, Share and Industry Analysis By Material (Titanium Implants, Zirconium Implants), By Type (Endosteal Implants, Subperiosteal Implants, Transosteal Implants), By Design (Tapered Implants, Parallel Implants), By End-user (Hospitals, Dental Clinics, Academic & Research Institutes) and Regional Forecast, 2019 – 2026”, the market value stood at USD 3,870.0 million in 2018.

The report also provides a comprehensive overview of the industry outlook and future prospects, along with an exhaustive analysis of the trends, factors, and the regional and competitive landscape that will chart the growth-path for the market during the forecast period.

"Rising Prevalence of Diabetes to Favour Market Expansion"

Diabetic people, especially those whose diabetes in out of control, are known to suffer from dental problems. Gum infections are common among this populace as diabetes decreases blood supply to the gums. Dry-mouth, a common effect of high blood sugar, can make gum diseases worse and low saliva levels in the mouth can lead to plaque build-up. This can cause tooth decay and create a need for dental implants. Moreover, the prevalence of diabetes is increasing globally. For example, according to the International Diabetes Federation (IDF), by 2045, the number of adults between the ages of 20 and 79 suffering from diabetes will rise to 629 million, with majority of them living in low and middle income countries.

As a result, the demand for dental implants is highly likely to skyrocket in the coming decade. As per the dental implants market trends, titanium implants will experience a demand surge owing to their easy application in most dental procedures and non-allergic nature. This segment will be augmented by the growing adoption of computer-aided design / computer-aided manufacturing (CAD/CAM) technology.

"Presence of Key Companies to Accelerate Growth in Europe; North America to Follow Closely"

Among regions, Europe is expected to dominate the dental implants market share on account of a swiftly swelling geriatric population, coupled with presence of important market players and high adoption of new dental technologies. North America is anticipated to display an impressive CAGR due to increasing aging population. In Asia-Pacific, increasing disposable income will ramp up the adoption rate, in spite of high dental implants cost. Furthermore, a thriving medical tourism industry will further catalyse the market in the region.

"Straumann AG Partners With Modern Dental to Establish Presence in Hong Kong and Macau"

In September 2019, Basel-based Institut Straumann joined hands with Hong Kong-based Modern Dental Group Limited to cater to the dental needs of Hong Kong and Macau. This joint venture will be fructified through the creation of a distribution company called Peak Dental Solutions Hong Kong Ltd. Such strategic collaborations will enable major companies in this market to establish their presence globally and build a strong distribution network in other regions.

Read more details in this press release:
https://www.fortunebusinessinsights.com/press-release/dental-implants-market-9116

Some companies are also acquiring other competitors to gain an extra edge in the market. For instance, Dentsply Sirona acquired Israel-based MIS Implants Technologies, a fellow competitor in this market.
Fortune Business Insights identifies some of the key players in the dental implants market:

• Zimmer Biomet
• Anthogyr Group
• Danaher
• BioHorizons
• Institut Straumann AG
• Henry Schein, Inc.
• Osstem Implant
• Dentsply Sirona
• CeraRoot SL

 Get more details here:
https://www.fortunebusinessinsights.com/industry-reports/dental-implants-market-100443

Diabetes Monitoring Devices Market to Expand at 5.4% CAGR by 2026, F. Hoffmann-La Roche’s Robust Distribution Network Strengthens its Market Position

The global diabetes monitoring devices market is expected to rise owing to increasing awareness about the self-management of diabetes. Fortune Business Insights in a report, titled “Diabetes Monitoring Devices: Global Market Analysis, Insights and Forecast, 2019-2026” offers valuable insights into the market, highlighting opportunities and threats alike. 

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The global market is expected to yield huge profits facilitated by remarkable developments in diabetes management. Moreover, diabetes monitoring devices help to monitor several health conditions which include neuropathy, cardiovascular diseases, and diabetic retinopathy. As per International Diabetes Foundation (IDF), the number of people suffering from diabetes was 415 million in 2015 and is expected to reach 642 million by the year 2040. The rising prevalence of diabetes across the globe is a major factor driving the market.

In 2017, the global market for diabetes monitoring devices was valued at US$ 21614.7 and is anticipated to reach US$ 32881.9 Mn by 2026. The global market is expected to rise at a CAGR of 5.4% during the forecast period.

"Asia Pacific Registers Considerable Growth with Rising Number of Diabetic Patients"

Among regions, North America is anticipated to lead the global diabetes monitoring devices market during the forecast period. In the year 2018, the regional market was worth US$ 7092.0 Mn. This is primarily on account of high adoption of advanced diabetes monitoring devices in the U.S. Recent innovations in technology and increasing healthcare expenditure are registering growth opportunities in the market in this region.

The market in Asia Pacific is expected to rise at a higher CAGR over the forecast years. Innovations in diabetes management and increasing patient pool for diabetes are factors driving the market in this region. Increased Healthcare spending by governments is expected to stimulate growth in the market. This is primarily done to improve healthcare services and develop cost-effective diabetes diagnostic devices in Asia Pacific.    

"Diabetes Monitoring Devices offer Real-time Information on Blood Sugar Levels, A Key Factor Augmenting Demand"

The rising aging population across the world is boosting the diabetes monitoring devices market. Furthermore, technological developments in diabetes diagnostic devices is act as a potential growth enabler in the market. A lead analyst at Fortune Business Insights said, “the convenience of using advanced diabetes monitoring devices over conventional devices is expected to help geriatrics keep a track of their blood sugar levels in real-time.” Rising concerns and increasing patient awareness about the blood sugar level are likely to fuel demand for self-monitoring diabetes monitoring devices. 

Several people are installing diabetes monitoring apps to keep a track of their blood glucose level. The app sends notification on medication doses, carb intake and other important information. High stress levels and alcohol consumption are potential growth triggers in the market. This, coupled with rapid adoption to sedentary lifestyle, contributes to the growth of the market. These factors are expected to increase the adoption of diabetes monitoring system between 2018 and 2026.

Rising preference for minimally-invasive surgeries is encouraging companies to develop diabetes monitoring devices without needles. This in turn, will help the market grow at an accelerated rate in the coming years.

"Availability of Alternatives to Hinder the Growth of the Market by 2026"

Especially in rural areas, lack of awareness about the diabetes management is hampering the growth of the diabetes monitoring devices market. Also, increasing number of insulin pumps, supplements, drugs, and other alternatives are likely to pose a serious threat to the market. People prefer to use alternatives owing to the mounting cost associated with diabetic monitoring devices. Nonetheless, technological advancements are expected to push growth in the market by introducing cost-0effective diabetes monitoring solutions.

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"Medtronic Joined Hands with Fitbit to Promote the Importance of Physical Activity"

Some of the leading market players in the global diabetes monitoring devices market are focusing on strategic partnerships to offers a strong product portfolio and strengthen their position. These leading players include Lifespan Inc., F. Hoffmann-La Roche Ltd., Ascensia Diabetes Care Holdings AG., Medtronic, Terumo Medical Corporation, DiaMonTech GmbH, Sanofi, and Abbott. Among these, Medtronic, F. Hoffmann-La Roche Ltd., and Abbott dominated the global diabetes monitoring devices market in the year 2018.

Further to this, F. Hoffmann-La Roche Ltd. leads the global market owing to its strong distribution network and wide availability of blood glucose meters. Companies are planning to focus on introducing advanced glucose meters to stay industry specific. For instance, Lifespan Inc. made an agreement with Sanvita Medical, LLC in May 2019. The agreement was done to market continuous glucose monitoring sensors or CGM sensors.

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https://www.fortunebusinessinsights.com/industry-reports/diabetes-monitoring-devices-market-100529

Global Contract Research Organization Services Market to Expand at 9.9% CAGR, Will Gain Impetus from Recent Mergers and Acquisitions

The global contract research organization services market will derive growth from increasing clinical trials in the coming years. According to a report by Fortune Business Insights, titled “Contract Research Organization Services: Global Market Analysis, Insights and Forecast, 2019-2026,” the market was valued at US$ 38,396.4 Mn in 2018. Fortune Business Insights states that the market will reach US$ 90,926.3 Mn by 2026, thereby exhibiting a CAGR of 9.9%.

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A contract research organization is a company that is engaged in providing various pharmaceutical services such as product development, statistical analysis, and regulatory updates. The contract research organization also helps in submitting applications for new drug approvals and framing these applications within the regulatory compliances, all while ensuring the applications meets safety standards as stated by the related authorities. Factors such as increasing healthcare expenditure by the government as well as private organizations will favor the growth of the global contract research organization services market in the forthcoming years.

Increasing Number of Non-Profit Organizations are Getting Involved in CRO launches

The demand for CROs has been increasing ever since healthcare institutions have unlocked various benefits of contract research organizations in business operations. With the inflating demand for CROs, investors have identified huge growth potential within establishing CROs. The rise in the number of investors involved in developing contract research organizations has contributed to the growth of the global CRO services market. Besides non-profit organizations, the market continues to witness newer CRO launches from leading companies around the world. IN April 2019, FHI 360 announced the launch of a new CRO service, named FHI Clinical. The company claims to help companies involved in the hard-to-reach market and focuses on resource-limited settings. Fortune Business Insights states that such new CRO launches will have a positive impact on the global contract research organizations services market and will favor growth of the market in the coming years.

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https://www.fortunebusinessinsights.com/press-release/contract-research-organization-services-market-9160

Increasing Mergers and Strategic Collaborations to Favor Market Growth

Increasing mergers and acquisitions aimed at developing existing CROs and establishing new CROs  are a primary factor that will account for the growth of the global contract research organization services market. The global CRO services market will also benefit from a recent surge in the number of company collaborations and agreements. In 2018, Cereno Scientific announced that it is collaborating with leading CRO ‘OCT’. The company announced the collaboration with the aim of conducting phase 2 clinical trials for study of Cereno’s latest drug ‘CS1’. Fortune Business Insights states that Cereno’s latest partnership will have a significant impact on the overall market. The report includes company collaborations and mergers, similar to Cereno’s latest merger.

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https://www.fortunebusinessinsights.com/industry-reports/contract-research-organization-cro-services-market-100864

Genomics Market to Rise at 18.7% till 2026

The use of genomics is expanding in the medical industry, which is creating growth opportunities for the global genomics market. Fortune Business Insights in a new report, titled “Genomics: Global Market Analysis, Insights and Forecast, 2019-2026” offers valuable insights into the factors enabling growth in the market. Genomics is most commonly used for the diagnosis of cancer. Recent advancements in personalized medicine and genomics have bought significant transformations in disease management. 

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The growing use of genomics in several clinical trials is reflecting a growing trend. Consequently, the global market is expected to rise at an exponential CAGR of 18.7% between 2018 and 2026. In 2018, the market was valued at US$ 15,888.8 Mn and it is anticipated to reach US$ 62,614.6 Mn by 2026. The gradual shift from traditional medicine to precision medicine is positively changing the healthcare environment. Genomics plays a crucial role in the treatment and diagnosis of chronic diseases.    

Adoption of Advanced Technologies Renders North America Dominant

From a geographical standpoint, North America dominated the global genomics market in 2018. The region will continue to maintain its dominance through the forecast period. Rapid technological advancements and the presence of sophisticated healthcare infrastructure are driving the market in this region. In 2018, North America was valued at US$ 6,959.3 Mn. The demand for genomic medicine is increasing in North America on account of the rising adoption of personalized medicine and new sequencing technologies.

Europe is expected to display great growth potential owing to the wide availability of funds and the presence of large MNCs. Governments in England and the U.K. are increasingly making investments in research and development (R&D) activities to favour the expansion of the market in Europe.

The market in Asia Pacific is likely to witness strong growth during the forecast years. The primary factor responsible for the growth is developing healthcare infrastructure, which is increasing demand for biomarkers. The awareness about genomic technologies in increasing in countries such as India and China. People in these countries are becoming more aware with regards to the detection of genetic disorders, their treatment and prognosis. All these factors are enabling growth in the market.

A Myriad of R&D Activities Has Spurred Growth Prospects for Genomics Market

“Several services and start-up companies are paving their way into genomics industry by offering services which include ancestry services, customer genomics services, among others,” stated a lead analyst at Fortune Business Insights. “Rising support from governments regarding research and funding is expected to contribute to the growth of the market,” he added. Several genomic institutes are supporting the industry by granting funds for performing research and development activities. Stanford healthcare uses genomic information to develop a personalized treatment for patients suffering from chronic illness.

The demand for genetically modified plants and animals is increasing. This, coupled with lower costs of genetic procedures is likely to contribute to the development of the genomic market in the forthcoming years. Technological advancements in genomic medicine which include Next-generation Sequencing (NGS), Sanger sequencing, Polymerase Chain Reactions (PCR), and microarray are likely to drive the market. Of these, Polymerase Chain Reactions (PCR) covered the maximum share in the global market in 2018. 

The easy availability and extensive use of this technology are responsible for this segment’s growth. Owing to the increasing number of genetic studies, the demand for genomics is expected to fuel in healthcare facilities & diagnostic centers, Contract Research Organization (CROs) and others.

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https://www.fortunebusinessinsights.com/press-release/genomics-market-9172

Veritas Genetics Launched myGenome to Offer Personalized Services to its Customers

General Electric, Thermo Fisher Scientific Inc., Oxford Nanopore Technologies, Agilent Technologies, Inc., IntegraGen, QIAGEN, BGI, F. Hoffmann-La Roche Ltd, Danaher, and Illumina, Inc. are some of the leading players in the global genomics market. Among these, F. Hoffmann-La Roche Ltd, Agilent Technologies, Inc., and Illumina, Inc. are projected to dominate the global market. Strong geographical presence and robust portfolio are factors responsible for their prominent position in the market. Several companies are entering into strategic alliances to better their market position and increase revenue. 

Bristol Myers Squibb collaborated with Foundation Medicine in March 2017. This collaboration will help the former company to leverage the latter’s molecular information and genomic profiling solutions. Furthermore, it will help Bristol Myers to identify biomarkers such as Microsatellite Instability (MSI) and Tumor Mutational Burden (TMB) in cancer patients. Another company called 10X Genomics acquired an epigenomics-based startup called Epinomics in August 2018. This acquisition will help the company strengthen its market position.

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