3D Printing Medical Devices Market Trends Research and Projections for 2017 – 2022

The global 3D printing medical devices market is expected to exceed US$ 1,700 Mn in revenues by 2022-end, according to a recent research by Fact.MR. The global 3D printing medical devices market is poised to exhibit a high double-digit CAGR during 2017 to 2022. Introduction of 3D-printed tablets has paved new opportunities for 3D-printing technology, increasing its application across the pharmaceutical industry. Numerous collaborations have been witnessed worldwide, between academic institutions and major players in the market, who are investing heavily in R&D activities. 3D-printing technology has been revolutionizing the preclinical drug testing, making the testing on 3D-printed organs convenient, thereby resulting into the provision of a substitute for animal testing. This technology is also making it easy for surgeons to improve the complicated procedures’ success rate. The aforementioned factors are expected to augment demand for 3D printing medical devices in the years to come.

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Potential of 3D-printing in transforming medical devices’ use to treat various diseases is impacting the healthcare sector, enabling construction of non-implantable and implantable medical devices, and cost-effective customizable medical devices. Rise in demand for medical devices that match a patient’s anatomy in orthopedic, and maxillofacial surgery is favoring expansion of medical 3D-printing industry. Facilitating surgeons in planning surgeries, 3D printing medical devices help in lowering operative risks encountered during complex procedures, reduce duration of anesthesia exposure, decrease risk of infection, enable patients in recovering faster, and dramatically reduce time of hospital stay. These factors might further impact the market growth over the forecast period.

Followed by tissue engineering, implants will continue to be the most lucrative application of the 3D-printing medical devices, in terms of revenues. Sale of 3D-printing medical devices for application in building external wearable devices is estimated to exhibit a comparatively lower CAGR through 2022. Software & services are anticipated to remain preferred among products in the global market. Revenues from software & services are expected to account for more than one-third share of the market throughout the forecast period. In addition, sales of 3D-printing materials will exhibit the highest CAGR through 2022.

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Photo polymerization is projected to remain the largest adopted technology in the global market for 3D-printing medical devices, followed by the laser beam melting technology. In addition, sales of electron beam melting technology, and three-dimensional printing technology are expected to exhibit a similar CAGR through 2022. On the basis of end-users, hospitals will remain dominant in the market, with sales poised to exceed revenues worth US$ 1,000 Mn by 2022-end.

The report profiles key players operating in the market, which include Cyfuse Biomedical K.K., Stratasys Ltd., SLM Solutions Group AG, Renishaw plc, Groupe Gorgé SA, Organovo Holdings, Inc., Materialise NV, EnvisionTEC GmbH, General Electric Company, Carbon, Inc., Biomedical Modeling Inc., and 3D Systems Corporation.

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Fact.MR’s methodology is robust and comprehensive. We employ a range of tools and assets to develop an all-encompassing coverage of a range of industries. We compile data points at local, country, regional, and global level – our approach to capturing the finest nuances, without losing sight of the bigger picture helps us in developing accurate and reliable forecasts and estimates.

Fact.MR has a standard set of guidelines and standards that help maintain a level of consistency across all of our research offerings. The standardization includes step-by-step documentation of the methodologies and guidelines on the sources that are to be used for incorporation of objective and accurate data.

The standardization also involves use of industry-wide analytical tools, and rigorous quality checks to validate market forecasts and sizes. Our unwavering focus on standardization ensures that clients receive the same quality of research and analysis that Fact.MR is known for.

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Recombinant Protein Market Status and Forecast, by Players, Types and Applications

A new report published by Fact.MR estimates the global recombinant protein market to witness expansion at a moderate CAGR during the forecast period 2017 to 2022. Revenues from the global recombinant protein market will reach nearly US$ 460 Mn by 2022-end.

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Through genetic engineering, and cell engineering, recombinant protein are produced from creature body. The recombinant protein technology now stands at the edge of biotechnology production. Becoming the new standard, this technology is witnessing a gradual shift from bulk production procedure towards post-production techniques, which in turn promises an enhanced delivery and stability. The highly effective recombinant proteins play an integral part in treating specific diseases, such as hemophilia. However, blood coagulation factor is excluded, as it possesses an extremely limited source.

A large number of recombinant protein drugs utilized are human proteins. This is mainly to compensate functional proteins in vivo defects, and for increasing the functions of proteins in a body. These factors provide recombinant proteins with substantially higher safety as compared to small molecules, further leading towards higher approval rates.

The clinical trial periods for recombinant proteins are comparatively shorter than small molecule drugs, which further aids in enhancing patient protection, and renders pharmaceutical companies with a relatively longer exclusive sales time. Factors such as these are driving the development, and demand for recombinant proteins. Recombinant proteins target diseases such as cardiovascular diseases, endocrine diseases, viral diseases, and cancer. In addition, the global recombinant protein market has a larger extension space, with few approval drugs available without any alternative products in therapeutic areas. These factors might influence growth of the market over the forecast period. However, factors such as technical barriers, financial barriers have made recombinant protein technology expensive. Moreover, replication of recombinant proteins incurs many challenges, as compared to replication of small molecule chemicals. These factors may impede growth of the market in the near future.

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Basic research will remain the largest application segment in the global recombinant proteins market. Revenues from basic research will reach roughly US$ 270 Mn in revenues by the end of 2022. Toxicity screening, and drug discovery & development will witness the fastest expansion through 2022, based on application of recombinant proteins. Recombinant protein sales for forensic testing application will exhibit the lowest CAGR in the market through 2022.

Academic & research institutes will remain the most lucrative end-users in the global recombinant proteins market, accounting for more than one-third revenue share of the market throughout the forecast period. Biopharmaceutical companies will continue to be the fastest expanding end-users of recombinant proteins in the global market.

Key players identified in the global recombinant protein market include Thermo Fisher Scientific, Inc., Sigma Aldrich, Merck Millipore Limited, GenScript Corporation, Crown Bioscience, Inc., PerkinElmer, Inc., BPS Bioscience Inc., Bio-Rad Laboratories, Inc., A.M.S. Biotechnology (Europe) Limited, and Abcam plc.

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Fact.MR’s methodology is robust and comprehensive. We employ a range of tools and assets to develop an all-encompassing coverage of a range of industries. We compile data points at local, country, regional, and global level – our approach to capturing the finest nuances, without losing sight of the bigger picture helps us in developing accurate and reliable forecasts and estimates.

Fact.MR has a standard set of guidelines and standards that help maintain a level of consistency across all of our research offerings. The standardization includes step-by-step documentation of the methodologies and guidelines on the sources that are to be used for incorporation of objective and accurate data.

The standardization also involves use of industry-wide analytical tools, and rigorous quality checks to validate market forecasts and sizes. Our unwavering focus on standardization ensures that clients receive the same quality of research and analysis that Fact.MR is known for.

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Network Access Control Market Witness Highest Growth in near future

Fact.MR, in its new research study, unveils that network access market reached a valuation of ~ US$ 953 Mn in 2018. According to the report, the continuous evolution of information security parameters is likely to warrant new opportunities for companies active in the network access control market. With the parade of technological advances, growth in new security solutions for data protection against malicious attacks is imminent, and is likely to unfold in various fronts. Network access control (NAC) has come a long way and a cohort of leading companies have come up with solutions to further underpin its evolution over these many years.

“One of the key benefits of network access control is its ability to disable malicious actors from plugging into an organization’s network, which is a big reason encouraging enterprises of varying stature to embrace and invest in the concept. Traditional AAA are a complete misfit for today’s networks. Customers rely on network access control solutions, hardware, software, and solutions, to solve multiple problems such as visibility, control, policy enforcement, and protection. In response to the aforementioned, NAC vendors are adding more number of features and capabilities to their offerings so that end user satisfaction is well taken care of”, says the Fact.MR analyst. 

North America will continue being the most lucrative market for network access control, with an ever-expanding growth of large and small & middle-sized enterprises. The region remains one of the earliest adopters of end point devices, some of the prominent ones being smart phones, laptops, and tablets, thereby laying the foundation of steadfast adoption of network access control solutions. The US continues to be at the forefront of demand for NAC, with ever-increasing number of enterprises getting aware of the benefits of network access control with respect to business operations, finds the Fact.MR analysis.

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BYOD Culture in Workplaces to Remain a Precursor of Growth

The culture of Bring Your Own Device, or commonly referred to as ‘BYOD’, has been long instilled across workplaces to encourage employee flexibility. With this culture of BYOD in place, companies are able to boost the ‘agility factor’ of their operational bases, which, in turn, helps them achieve long-term goals. However, a myriad of security considerations has flared up in line with the widespread adoption of BYOD culture, which has pushed the demand for network access control by a wide margin. Connected devices increasingly serve as threat vectors for attackers for intruding into an enterprise’s network, which makes it imperative for the organizations to consider the deployment of network access control solutions. For an enterprise with BYOD culture, the idea of investments in NAC solutions is not only about device security but also high-end protection of other technologies emplaced within the ecosystem.

According to the Fact.MR analysis, rapid proliferation of IoT is also providing the impetus to the market growth through 2027. Considering the digital makeover of the modern-day businesses, IoT devices that are ‘compromised’ can take a toll on the financial and reputations fronts of an enterprise. In order to counteract the same, enterprises seek automated and integrated security frameworks to secure network access, implement coordinated responses post threat detection, and oversee traffic & behavior.

Access control systems do play a critical role in the aforementioned approach by ensuring that utmost visibility is established and rogue devices are easily removed with minimum-to-no impact on critical business workflows, finds the Fact.MR analyst. According to the Fact.MR research study, businesses are accelerating their momentum toward cloud infrastructure for easier and steadfast deployment, scalability, reduced maintenance costs, and energy & space savings. With this rapid transition toward cloud picking pace, investments in network access control solutions are likely to continue unabated in the coming decade

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About Us

Fact.MR’s methodology is robust and comprehensive. We employ a range of tools and assets to develop an all-encompassing coverage of a range of industries. We compile data points at local, country, regional, and global level – our approach to capturing the finest nuances, without losing sight of the bigger picture helps us in developing accurate and reliable forecasts and estimates.

Fact.MR has a standard set of guidelines and standards that help maintain a level of consistency across all of our research offerings. The standardization includes step-by-step documentation of the methodologies and guidelines on the sources that are to be used for incorporation of objective and accurate data.

The standardization also involves use of industry-wide analytical tools, and rigorous quality checks to validate market forecasts and sizes. Our unwavering focus on standardization ensures that clients receive the same quality of research and analysis that Fact.MR is known for.

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Indium Gallium Arsenide ( InGaAs) Market Insights by Size, Status and Forecast 2029

Indium Gallium Arsenide (InGaAs) is a room temperature semiconductor made up of Gallium Arsenide and Indium Arsenide. The InGaAs semiconductor has wide applications in photonics and electronics. Some of the major advantages of InGaAs include high sensitivity, low noise, sustainability over a wide range of temperatures and many more. InGaAs thus serves most of the major markets including consumer electronics, automotive, Aerospace & defense, communication systems and others. Furthermore, on the backdrop of increasing adoption of hyperspectral imaging solutions, advancements in tactical communication systems and investments in 5G infrastructure, the global InGaAs market is expected to foray ahead with an ~9.5% CAGR over the forecast period. Due to their excellent quantum efficiency, InGaAs photodiodes are continuously replacing silicon photodiodes in camera applications. Hyperspectral imaging solution expanded its reach to a large number of applications including precision agriculture, medical diagnostics, food sorting, machine vision, waste management etc. InGaAs photodiodes based camera systems are capable of sensing short wavelength infrared light along with faster sensor response. These properties in turn lay the foundation for InGaAs to be used in high end medical applications to surveillance and safety and in astronomy to art inspection through hyperspectral imaging technology. Furthermore, focus of governments towards precision farming, increasing healthcare expenditure across the globe coupled with initiatives towards waste management are some of the primary factors pushing the adoption of hyper spectral imaging systems. This in turn drives the global InGaAs market over the long term forecast.

Advancements in Communication Devices: A Factor Influencing the Global InGaAs Market

Communication systems, be it consumer communication devices or tactical communication systems will find InGaAs being largely adopted in communication device manufacturing. Photo detectors used in broadband communication systems using InGaAs hold visible as well as infrared detection capability. Using single detector as the receiver in all of optical communication can enable device and system manufacturers to lower the cost of manufacturing and ensure effective inventory management. Smartphone manufacturers can explore the possibility of integrating InGaAs in upcoming variants to a large extent. Moreover, the concept of C4ISR (Command, Control, Communications, Computers, Intelligence, Surveillance and Reconnaissance) has strengthened the compound semiconductors demand. InGaAs based camera systems are used in applications such as military communications, surveillance etc. Thus, the focus of military organizations towards adopting C4ISR technology tends to create a wide adoption base for InGaAs, thereby driving the market growth over the long term forecast. Moreover, in accordance with advancements in communication technologies, manufacturing concentration of defense equipment also witnessed de cluttering (facilities in India, Turkey etc.), thus necessitating inventory of these components including InGaAs, and also the adoption of these components in con-conventional markets. For instance, usage of InGaAs in India is anticipated to double over the next half of the decade, subjected to its application in space research and exploration as well as indigenously developed defense systems.

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North America to Lead While Asia to Emerge as a Lucrative Market

According to the study done by Fact.MR, North America dominates the global InGaAs market owing to number of factors including escalating adoption of hyper spectral imaging, investments in 5G infrastructure, increasing smartphone penetration and many more. Furthermore, factors such as high adoption of compound semiconductors along with advancements in communication systems and presence of key players also provide traction to the North American InGaAs market. North America accounts for over one third of the global revenue in 2018 and is closely followed by East Asia. Furthermore, South Asia & Oceania are poised to be the regions growing with over double digit growth rate. Increasing smartphone penetration, demand of compound semiconductors along with rise in consumer electronics industry are some of the factors behind the progress of South Asia & Oceania InGaAs market. Moreover, Broadcom, Inc., First Sensor AG, Hamamatsu Photonics K.K., OSI Optoelectronics, HORIBA Scientific and others are some of the key players witnessed under global InGaAs market. Application specific product launch and acquisition are the primary strategies undertaken by these players to increase their footprint in the global InGaAs market.

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About Us

Fact.MR’s methodology is robust and comprehensive. We employ a range of tools and assets to develop an all-encompassing coverage of a range of industries. We compile data points at local, country, regional, and global level – our approach to capturing the finest nuances, without losing sight of the bigger picture helps us in developing accurate and reliable forecasts and estimates.

Fact.MR has a standard set of guidelines and standards that help maintain a level of consistency across all of our research offerings. The standardization includes step-by-step documentation of the methodologies and guidelines on the sources that are to be used for incorporation of objective and accurate data.

The standardization also involves use of industry-wide analytical tools, and rigorous quality checks to validate market forecasts and sizes. Our unwavering focus on standardization ensures that clients receive the same quality of research and analysis that Fact.MR is known for.

Contact Us

FactMR
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Tel: +353-1-4434-232
Tel: +353-1-6111-593
Email: sales@factmr.com
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Enterprise Network Equipment Market to see Stunning Growth with Key Players

The global market for enterprise network equipment is projected to reach over US$ 18 Billion by 2027 according to the recent report published by Fact.MR. Rapid adoption of cloud computing technologies coupled with the popularity of software defined network architectures is creating demand for the enterprise network equipment market. “Enterprise network equipment is the communication backbone of a company that allows connectivity between pcs and other electronic devices across departments and workgroups. The device provides scalability and interoperability, which enables companies to improve their external and internal data management”.

Storage, networking, and server virtualization, along with the growing need for cloud-based business IT solutions, are dramatically changing enterprise IT, networking, and communications to technologically sophisticated machinery alternatives such as enterprise network equipment. Enterprise network equipment is being extensively used to mix, divide, switch direct packets of data on a computer or telecommunications network. The exponential increase in the amount of IoT-enabled devices has dramatically risen safety hazards, on the basis of that organizations are deploying enterprise network security solutions to make endpoints and unsecured apps and devices visible.

 

Enterprise Network Equipment Becomes Paramount for Businesses Looking for Essential Data Security

Most organizations are demonstrating the significance of knowing what's going on with their network at all times, across all applications, and devices. Organizations are implementing enterprise network equipment and forming safety teams to work more closely and leverage network infrastructure to increase visibility across the globe. Network security serves as a strong incentive to invest in networking related services such as enterprise network equipment. With fast technological innovations, cyber criminals are becoming craftier and more advanced skills. In addition, with IT infrastructure being extended to virtual cloud-based platforms, many precious businesses and client information remain susceptible to safety threats.

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BYOD (Bring Your Own Device) Phenomenon Complimenting Enterprise Network Equipment

Fact.MR found that the propagation of Wi-Fi is contributing substantially to the development of enterprise network equipment market. In addition, the launch of your own device (BYOD) policy to expand the mobile workforce is anticipated to increase the development of enterprise network equipment market. The BYOD trend representing the notion of any device being used anywhere stimulates the need for invasive wireless networks and mission-critical mobility applications. In addition to this, small and medium-sized enterprises are investing in enterprise network equipment to make technological adjustments and promote their expansion objectives. The rapid implementation of cloud computing technology in businesses is accountable for the development of the enterprise network equipment industry. Government projects in developing nations are aiming to create smart cities and enhancing the technological contribution that is supposed to boost the demand for enterprise network equipment. As a result, all such factors are anticipated to drive the market during the forecast period.

Enterprise Network Equipment Market – Evolving from a Single Vendor Monopoly to a Multi-Vendor Industry

Presently, the market for enterprise network equipment is extremely competitive and consists of a number of key players such as Cisco Systems, Aruba Networks, Dell EMC, A10 Networks and Juniper Systems.  In terms of market share, some of the main players are presently leading the market. These players with significant market shares are concentrating on extending their client base across overseas nations. These businesses are leveraging strategic cooperative measures to boost their market share and boost their profitability. Companies operating on the market are also acquiring start-ups working on enterprise network equipment systems to improve their product capacities. In January 2016, Jupiter systems purchased BTI Systems, a cloud and metro networking supplier. This purchase has allowed Jupiter to quickly deliver open & automated packet optical transport solutions that equip its own “NorthStar” Controller with network management characteristics to allow end-to-end shipping characteristics.

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About Us

Fact.MR’s methodology is robust and comprehensive. We employ a range of tools and assets to develop an all-encompassing coverage of a range of industries. We compile data points at local, country, regional, and global level – our approach to capturing the finest nuances, without losing sight of the bigger picture helps us in developing accurate and reliable forecasts and estimates.

Fact.MR has a standard set of guidelines and standards that help maintain a level of consistency across all of our research offerings. The standardization includes step-by-step documentation of the methodologies and guidelines on the sources that are to be used for incorporation of objective and accurate data.

The standardization also involves use of industry-wide analytical tools, and rigorous quality checks to validate market forecasts and sizes. Our unwavering focus on standardization ensures that clients receive the same quality of research and analysis that Fact.MR is known for.

Contact Us

FactMR
Suite 9884
27 Upper Pembroke Street,
Dublin 2, Ireland
Tel: +353-1-4434-232
Tel: +353-1-6111-593
Email: sales@factmr.com
Blog: https://www.factmr.com/