Injectables Contribute Largest Revenue to the Global Medical Aesthetics Market

Medical Aesthetics Market Analysis

According to the study, the global medical aesthetics market is likely to grow from $8.6 billion in 2016 to $19.4 billion by 2023. Advancement in laser technology, growing awareness among consumers, and health benefits of medical aesthetics procedures have been driving the global medical aesthetics market. The market is further expected to gain revenue due to shift in the preference from surgical to non-surgical procedures. There has been a significant growth in non-surgical medical spa procedures in the recent years, resulting from better technologies, such as intense pulsed light and advanced laser based aesthetics equipment.

Insights on market segments

As per the findings of research, injectables held the largest share in the global market in 2016, primarily due to high sales of botulinum toxin. Topicals, the second largest medical aesthetics product segment, witnessed the highest growth during 2013 – 2016. The highest growth of topicals is attributed to their ability to treat several skin conditions without any usage of uncomfortable procedures. Beauty clinics and centers was the largest end user of the global medical aesthetics market in 2016., followed by spas and salons.

North America stands as the largest medical aesthetics market

Geographically, North America has been the largest market for medical aesthetics, with the U.S. being the largest contributor to the regional market. North America is considered as the platform for innovation in aesthetics procedures, since a majority of established and upcoming market players are either headquartered or have a significant geographical presence in the region. The emerging economies of Asia-Pacific, especially China and India, are expected to grow tremendously in future, which will make Asia-Pacific the second largest market in the coming years. Asia-Pacific is expected to outpace Europe in in terms of medical aesthetics market size by 2020.

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Age-Related Macular Degeneration Market Analysis, Size, Growth and Forecast to 2022

Age related Macular Degeneration Market

The global age-related macular degeneration market was valued at $5,335.7 million in 2015, and it is expected to grow at a CAGR of 7.6% during 2016 – 2022. Among the various types, the wet AMD segment is expected to witness the faster growth compared to dry AMD segment, during the forecast period. The global age-related macular degeneration market is growing at a significant rate, due to increasing healthcare cost, and increasing prevalence lifestyle associated diseases, such as obesity and hypertension. In addition, the growing geriatric population, increasing prevalence of AMD and increasing pipeline drugs for AMD are also driving the growth of the global age-related macular degeneration market.

Age-related macular degeneration (AMD) is an acquired retinal disorder indicated by fundus changes. It is one of the most common forms of visual impairment in the geriatric population. It is a deterioration or degeneration of macular, leading to vision loss among people aged 60 years and above. The macula is a small part of retina responsible for sharpness and central vision.

Geographically, North America dominated the global market of age-related macular degeneration in 2015; whereas, the Asia-Pacific market is expected to witness the fastest growth, during the forecast period.

Some of the key companies operating in the global age-related macular degeneration market include Novartis AG, F. Hoffmann-La Roche Ltd., Bayer AG, Regeneron Pharmaceutical, Inc., Acucela, Ophthotech Corporation, Neurotech Pharmaceuticals, Inc., GlaxoSmithKline plc, StemCells Inc and Alimera Sciences, Inc.

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Paraben Free Dry Shampoo Accounts for the Largest Revenue in Global Dry Shampoo Market

Dry Shampoo Market

The study uncovered that the global dry shampoo market is expected to grow at a moderate pace, during the forecast period. Due to significant growth in e-commerce, new hair care product advancements and effective advertising, the global dry shampoo market is gaining traction.

Insights on market segments

As per the findings of the research, paraben free dry shampoo accounted for the largest revenue in 2016. Among the forms, spray dry shampoo witnessed higher demand during 2013 – 2016, and it is also expected to register higher growth during the forecast period. Spray dry shampoo has been the larger contributor to the global dry shampoo market in 2016. Spray dry shampoo has become popular as an alternative to regular shampoo in recent years. The spray dry shampoo, apart from being handy and easy to use, makes hair look greasy and stylish without washing.

Dry shampoo market to witness fastest growth in Asia-Pacific

Geographically, North America has been the largest market for dry shampoo. However, the market is expected to witness fastest growth in Asia-Pacific, during the forecast period, due to factors such as growth in cosmetics and haircare industry, advancement in anti-dandruff and anti-hair fall dry shampoos, growth in retail channels, and increasing adoption of new hair care products by a large consumer base. Further, due to rapidly changing fashion trends, the region is likely to adopt dry shampoo at a greater scale in near future.

The European dry shampoo market has been witnessing moderate growth for past few years. Smoking ban in the U.K., and the trend of working from home has been indirectly impacting the regular shampoo industry in the country. However, this has led to a surge in the demand for dry shampoo in the country, as the shampoo consumers are shifting toward more casual and natural style of hair cleansing. According to an estimate, one out of every five women in the U.K. uses dry shampoo.

Moderate competition among key players in the global market

The research states that the global dry shampoo market is moderately competitive. The players in the market are developing a new marketing and distribution approach to offer dry shampoo. With the declining growth rate of the normal shampoo market, the shampoo manufacturers have started to increase the brand communication of their dry version with consumers, to retain them. The players in the dry shampoo market are offering innovative products such as tinted dry shampoo and glitter dry shampoo. Some of the key players in the global dry shampoo market are L’Oréal, Procter & Gamble, Henkel, Batiste, Sephora, Shiseido, and Klorane.

Most of the existing vendors in the global dry shampoo market are actively participating in organic and inorganic strategies. Many of them are focusing on operational transformation to enhance their capabilities for new dry shampoo offerings.

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Phosphatidylinositol 3-Kinase (PI3K) Inhibitors Pipeline Analysis, 2017

PI3K Inhibitors Pipeline Analysis

The PI3K inhibitors pipeline analysis report covers approximately 37 active drug candidates, of which eight drug candidates are in Phase III stage, 10 drug candidates are in Phase II stage, nine drug candidates Phase I stage, eight in Pre-Clinical stage and two drug candidates are in Discovery stage.

Phosphatidylinositol 3-kinases (PI3K) are lipid kinases that are involved in cell regulation, including cell survival, proliferation and differentiation. They act as intermediate molecules in PI3K/AKT/mTOR signaling pathway by sending chemical messengers from cell surface to cytoplasm. These signals activate multiple effector kinase pathways, resulting in survival and growth of normal cells. Phosphatidylinositol 3-kinases is categorized on the basis of classes as class I, II and III, on the basis of structure of the PI3K, based on the specificities of the substrate as well as on the basis of lipid end-product’s nature. Bases on structure, Phosphatidylinositol 3-kinases has four different forms PI3K alpha, PI3K beta, PI3K gamma and PI3K delta.

Pipeline Insights

The pipeline for PI3K inhibitors was analyzed based on route of administration, molecule type and phase of drugs. Based on route of administration, around 57.0% active drug candidates are being developed to be administered by oral route, 8.0% by intravenous route and 5.0% to be administered by other routes, including inhalation and intravitreally or subconjunctivally. Most of the drug candidates are being developed to be administered by oral route, due to high patient compliance. Route of administration of around 30.0% active PI3K drug candidates pipeline is not disclosed.

Several companies are targeting PI3K pathways for the treatment of cancer and various other diseases in different phases. The pharmaceutical companies engaged in manufacturing of PI3K inhibitors include, but are not limited to, Novartis Pharmaceuticals, F. Hoffmann-La Roche AG, Verastem, Inc., Bayer AG, GlaxoSmithKline plc, SignalRX Pharmaceuticals Inc., Eli Lilly and Company and PIQUR Therapeutics AG. Novartis AG is developing Buparlisib and Alpelisib, which are Phase III drug candidates.

Major companies collaborate for the development of PI3K inhibitors pipeline

The research found that different companies engaged in manufacturing of PI3K inhibitors are collaborating. One of the collaborations occurred in November 2016 between Verastem, Inc. and Infinity Pharmaceuticals, Inc. Under the terms of the agreement, Verastem, Inc. licensed all exclusive worldwide rights to develop and commercialize Infinity’s oncology product candidate duvelisib. Verastem paid Infinity Pharmaceuticals, Inc. up to $28.0 million in milestones, with positive data from DUO, a Phase III, randomized monotherapy study of duvelisib in patients with relapsed/refractory chronic lymphocytic leukemia, triggering the first milestone payment, and royalties on net sales.

Some of the key players developing PI3K inhibitors pipeline include Novartis Pharmaceuticals, F. Hoffmann-La Roche AG, SignalRX Pharmaceuticals Inc., Verastem, Inc., Bayer AG, GlaxoSmithKline plc, Eli Lilly and Company and Takeda Pharmaceutical Limited.

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Automotive Fuel Injection System Market Expected to Witness Fastest Growth in Asia-Pacific During 2016 – 2022

Automotive Fuel Injection System Market1

The global automotive fuel injection system market was valued at $59,588.3 million in 2015, and it is expected to grow at a CAGR of 7.9% during 2016 – 2022. The increasing need for fuel efficient vehicles and stringent emission control norms are expected to drive the demand for automotive fuel injection system over the forecast period. Serious issues related to environmental pollution has cropped up mainly because of industrial emission and automotive emission; mainly carbon monoxide and sulfur dioxide emitted by vehicles. Extraction and use of conventional fuels such as petroleum products is increasing. Hence, there is an increasing demand for vehicles with better fuel efficiency and lower emission.

In many countries, governments have imposed stringent emission control norms to reduce the greenhouse gases emission from the vehicles. In 2011, global CO2 emission stood at 31.6 gigatons, with 23% of these emissions coming from all transport sectors. According to the Corporate Average Fuel Economy regulations, all vehicles plying in the U.S. need to have average fuel efficiency of 54.5 miles per gallon by 2025. As per the European government CO2 emission regulation, the total CO2 emission from new passenger cars should be decreased from 130 gram (g) per kilometer (Km) travel in 2013 to 95g per Km travel by 2020.

Asia-Pacific has been the largest market for automotive fuel injection system market, accounting 48.7% of the global market in terms of value in 2015. Asia-Pacific is expected to be the fastest growing region in the global automotive fuel injection system market, registering a CAGR of 8.4% during 2016 – 2022. The major reason for the growth of the market in the region includes increased vehicle production and strict emission norms. The production volume for passenger car and light commercial vehicles (LCV) in Asia-Pacific accounted for more than 50% of the global production. The increasing production in the region is complimented by intensifying demand for passenger cars and LCVs in the region. The improving economy and standard of living in countries such as China and India have resulted in increased sales volume of automotive. The high automotive production volume in Asia-Pacific has made it an attractive fuel injection system market.

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Enhanced Starter Product Type Contributes Largest Revenue to The Global Start-Stop Technology Market

Start-Stop Technology Market1

The global start stop technology market is projected to reach $7,058.0 million by 2022, growing at a CAGR of 18.8% during 2016 – 2022.

Global start-stop technology market worth $2,100.2 million in 2015

The study suggests that the global start-stop technology market is likely to grow from $2,100.2 million in 2015 to $7,058.0 million by 2022. Stringent emission control norms, increasing need for fuel efficient vehicles and increasing adoption of hybrid vehicles are that factors that are expected to drive the demand for start-stop technology over the forecast period.

Insights on market segments

As per the findings of research, the enhanced starter was the largest contributor to the global start-stop technology market in 2015, in terms of volume and value; however, the integrated starter generator is expected to witness the highest growth, during the forecast period in terms of volume and value.

Enhanced starter and integrated starter generator-based start-stop systems are expected to dominate the market in future, and are expected to be used widely in passenger cars. Enhanced starter and integrated starter generator are more cost-effective and fuel efficient clean energy technologies as compared to direct starter and belt-driven alternator starter technologies.

Europe stands as the largest start-stop technology market

Geographically, Europe has been the largest market for start-stop technology, where the U.K. has been the largest contributor to the regional market. China is the major market in the Asia-Pacific region, while the U.S. remains the highest revenue generator in the North American Market. In the Rest of the World, Brazil was the largest market in the Latin American and the Middle-East and African countries.

Top six players account for major market share

The research states that the global start-stop technology market had a consolidated structure in 2015, where the top six competitors accounted for a major share of the market. Some of the key players in the global market include Robert Bosch GmbH, Continental AG, Denso Corporation, Delphi Automotive PLC, Johnson Controls, Inc, Hitachi, Ltd., Mitsubishi Electric Corporation, Valeo SA, and BorgWarner Inc.

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Conventional Vehicles Contribute the Largest Revenue to the Global Automatic Self-Piercing Rivets Market

Automatic Self-Piercing Rivets Market

The global market for automatic self-piercing rivets is projected to reach 45.0 billion units by 2022, growing at a CAGR of 26.2% during 2016 – 2022.

Global automatic self-piercing rivets market worth 8.1 billion units in 2015

As per the research, the global market for automatic self-piercing rivets is likely to grow from 8.1 billion units in 2015 to 45.0 billion units by 2022. With the growth in lightweight vehicles segment and the increasing use of aluminum in the vehicle manufacturing process, the global automatic self piercing rivets market is gaining traction. The automatic self-piercing rivets market is emerging and are widely used across various vehicle segments such as luxury, cross overs and hatchback.

Insights on market segments

As per the findings of research, the conventional vehicles emanated the largest demand for automatic self-piercing rivets. Almac coating has been the largest revenue generator in the global market.

Europe stands as the largest automatic self-piercing rivets market

Europe accounted for the largest region in the global automatic self-piercing rivets market, where Germany contributed to the largest revenue. The U.S. was the major market in North America, whereas China contributed to the largest revenue in Asia-Pacific region. Rest of the World included Brazil as the largest market and Iran, South Africa and rest of Latin American, and Middle-East and African countries.

Top three players account for major market share

The research states that the global market for automatic self-piercing rivets had a consolidated structure in 2015, where the top three competitors accounted for a major share of the global market. Some of the key players in the global automatic self-piercing rivets market include Henrob Ltd, STANLEY Engineered Fastening, Wilhelm Bollhoff GmbH und Co. KG, TOX PRESSOTECHNIK GmbH & Co.KG, Richard Bergner Holding GmbH & Co. KG and ECKOLD AG.

Product launches and acquisitions have been the major recent developments in the global market for automatic self-piercing rivets. Stanley Engineered Fastening and Wilhelm Bollhoff GmbH und Co. KG are some of the companies that recently introduced new automatic self-piercing rivets solutions. Atlas Copco had made strategic acquisitions to expand their product portfolio in the automatic self-piercing rivets business.

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Global Artificial Intelligence Market in Retail Size, Share, Development, Growth and Demand Forecast to 2023

In recent times, artificial intelligence (AI) has become more prevalent in everyday life, as its adoption has been increasing in several areas, including digital assistance and autonomous vehicles. Artificial intelligence has gained huge interest of retail sector as brands and companies have rapidly started adopting this technology, realizing the benefits of automating their operations. Artificial intelligence has brought positive shift in the retail sector by improving the overall functional and operational efficiency. The technology is enabling retailers to handle key issues against retaining knowledge, detecting various frauds and making it easier to access the data. Through human like decision making processes, artificial intelligence provides significant benefits to both the shoppers and the sellers in the retail industry.

Combining big data in retail and natural language interface and machine learning, artificial intelligence is enabling higher and interactive customer experience and allowing transformation in the old customary process of engaging the retailers in aggressive customer management tasks. In retail sector, artificial intelligence is expected to drive critical business decisions faster in marketing, e-commerce and product lifecycle management through transitioning business operations from data to insights to more valuable actions.

The major factor driving the demand for artificial intelligence market in retail sector has been the rapid emergence of e-commerce worldwide. This has been encouraging the companies to offer enhanced customer experience. Retailers are reaching out to their customers at personal level, while engaging with them through deeper interactions and enhancing their brand value. Personalized online shopping, demand for greater digital customer experience, optimization of the supply chain, and improvement in inventory management are some of the factors driving the global artificial intelligence market in retail.

In addition, major advancement in computer vision technology is also fueling the growth of the artificial intelligence market in retail. Artificial intelligence allowing retail outlets to examine and analyze various customer behaviors through video recording helps retailers in taking necessary actions to streamline their sales and increase profit. Through artificial intelligence, retailers can optimize key strategic areas such as pricing and replenishment, and automate their business decisions through machine learning. This enables them to combine their quick decisions with their key performance indicators (KPIs) such as margins and volumes to take competitive advantage of dynamic market change and stay ahead of the competition. Therefore, the artificial intelligence market in retail has a huge scope for rapid growth.

Globally, North America and Europe witness greater demand for artificial intelligence solutions in the retail sector. The market is expected to witness the fastest growth in Asia-Pacific during the forecast period, due to huge growth opportunity in retail industry and emergence and rapid adoption of predictive technologies by major retailers.

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Global Artificial Intelligence Market in Oil and Gas Size, Share, Development, Growth and Demand Forecast to 2023

Over the past decade, the use of artificial intelligence (AI) and machine learning technologies in the oil and gas industry has gained significant interest. This has led to the growth in artificial intelligence market in this industry. With increasing challenges faced by the oil and gas industry in the past for exploration and exploitation of hydrocarbons, a cross disciplinary approach is being rendered which requires some critical processes to be semi-automated and some to be fully automated. Artificial intelligence is being introduced in every part of exploration procedure, including geology, geophysics, and reservoir engineering.

Artificial intelligence consists of various tools such as machine learning, artificial neutral networks, fuzzy logic and expert systems. These tools help in transforming the data into valuable insights which can be further applied across various stages of exploration and production (E&P) life cycle. These stages include seismic, drilling, petro physics, reservoir and energy production. In the low product price environment, oil and gas operators need to reduce cost and boost the operational efficiency through efficient and effective use of data available. Major companies are investing heavily in predictive technology to become more productive. Artificial intelligence has enabled oil and gas operators to develop human capabilities and automate the processes to gain unobtainable outcomes.

Artificial intelligence in oil and gas industry is also gaining interest of consumers across the globe, since data interpretation through it highlights important geological features such as faults, unconformity, folds and boundaries. Such information provided by artificial intelligence technology is very crucial to operators because geoscientists sometimes fail to acquire such insights due to poor conditions of the wells or other external factors.

The most surprising factor causing a surge in the demand for artificial intelligence in the oil and gas sector has been the worldwide drop in oil prices. This has in turn tightened margins and forced the oil and gas operators to shift their focus away from increasing their overall production to effectively optimizing it. Elimination of expensive risk of drilling, leveraging big data to improve operational performance, and transformation of traditional production system into new predictive technologies are the factors driving the growth of global artificial intelligence market in oil and gas industry.

In addition, the widespread increase in health and safety issues of the personnel on production sites is also fueling the growth of the global artificial intelligence market in oil and gas. Artificial intelligence can eliminate the health and safety concerns by helping the operators to control critical tasks through automated systems without the need for human presence. Since artificial intelligence systems can automate and optimize data rich processes, they help in minimizing or eliminating duplication of efforts and further in mitigating business risk. This enhances the productivity and minimizes the overall operational cost. Globally, oil and gas organizations have reengineered their production strategies and operational models to include artificial intelligence as an important element in business transformation. Therefore, the artificial intelligence market in oil and gas has a huge scope for rapid growth.

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Global Vertical Farming Market Size, Share, Development, Growth and Demand Forecast to 2023

The global vertical farming market has been observing significant growth, owing to its consistent and reliable growing cycle, which allows the commercial growers to confidently deliver their supply contracts on time and rising demand for environment-friendly production of fresh fruits and vegetables without the use of pesticides. Purchase of such vertically produced crops provides benefits such as improved taste and higher nutrient value.

Commercial growers prefer using vertical farming solutions to involve less manpower and high efficiency LED to ensure minimum power usage. The aeroponics growth mechanism is expected to grow at the fastest rate in this industry, during the forecast period. Among the two structures of vertical farms, the building-based structure is expected to have the larger market during the forecast period. The building-based structure functions as a community garden hub that incorporates hydroponics and vertical farming in an outward tree-like design. It is expected to provide huge cost savings and food security to a city for a long period.

Vertical farming is the method of producing food in the form of used warehouse, skyscraper, shipping container and vertically stacked layers. Vertical farming uses the method devised by indoor farming techniques and controlled-environment agriculture (CEA) technology. This technology possesses external environment factors and completely controls the environment. Also, this system controls the environmental conditions in an enclosed covering and protects the food from diseases, pest or predator attacks. This ensures that the farms in which crops are grown are independent and do not require fertile arable land for the growth of crops. It also helps in growing the farms in any climatic region across the globe, even in extreme temperatures.

Vertical farming is supporting the demand for organic food, which is witnessing faster growth than the domestic supply, since consumers see organically grown food as a healthier and more nutritious option over conventionally grown products. The adoption of vertical farming helps in reducing energy usage. The use of highly efficient LED lighting technology helps in reducing power usage to obtain maximum growth of the plant. The photosynthetic wavelengths are managed with the computer in accordance with the period of crop growth.

The vertical farming market is generating opportunities for the production of biopharmaceutical products. Biopharmaceuticals are drugs produced using biotechnology.  Vertical design implementation in biopharmaceutical drugs will help the pharmaceutical companies to produce drugs in large quantities. It is enabling the companies to cultivate drugs containing high value compounds for health and medicinal needs. Since, vertical farming helps in solving the consumption needs related to food, thus, it creates huge opportunities for companies offering biopharmaceutical drugs to develop proprietary products. These companies provide proprietary products to the medicinal, nutraceutical and cosmetic industries and help them to expand their customer base.

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