Global DNA Forensics Market 2020 | Newest Industry Data, Future Trends And Forecast 2027

Facts and Factors Market Research has published a new report titled “DNA Forensics Market By DNA Material Types (Blood, Semen, Skin, Saliva, Hair, and Other Body Fluids), by Forensic DNA Testing Types (STR Testing, Massively Parallel Sequencing, Y-STR Testing, mtDNA Sequencing, Rapid DNA, Mini-STR Testing, and Others), by Type (Equipment and Product), and by Application (Parentage Testing, Law Enforcement, Genealogical & Medical Research, and Others): Global Industry Perspective, Comprehensive Analysis, and Forecast, 2019 – 2027”.

According to the report, the global DNA forensics market is anticipated to be valued approximately USD 2,792 million in 2018 and is projected to hit the revenue of around USD 12,011 million by 2027, at a CAGR of around 17.7 % between 2019 and 2027.

DNA forensic analysis is utilized in the legal cases and is used for fingerprint recovery from metals. Various innovations in DNA forensic analysis include compact DNA profiling strategies used at crime scenes and remarkable accuracy in determining the age of victims. These technical breakthroughs have decreased per-unit costs of DNA forensic analysis in practical applications, thereby increasing the cost-efficiency of forensic applications and its penetration across the globe.

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Growing cases of crimes will boost the market trends over the forecast timeline

Escalating need for implementing DNA forensics services across the globe as a result of rising in the terrorist activities is predicted to accelerate the growth of the DNA forensic industry over the forecast timespan. For instance, many developed & emerging economies are facing security threats and this has forced the respective governments to concentrate on shielding the countries as well as invigilating against acts of terrorism. Apart from this, DNA forensics assists the authorities to detect criminals and help in recognizing the victims of dreadful terrorist attacks.

In addition to this, escalating security concerns at both the international as well as national airports along with the growing rate of crimes like sexual assaults, terrorist intrusions, bomb attacks, kidnapping, and homicides will proliferate the growth of the market over the period from 2019 to 2027.

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Apparently, the preference of using new equipment & systems for forensics due to technological breakthroughs in information technology will steer the scope of the business over the forecast period. In addition to this, the massive utilization of digital forensics by police officers & law enforcement agencies to recognize crimes will spur the market expansion over the forecast timeline. Nonetheless, high prices of forensic devices & dearth of experts in the DNA forensic domain or vertical will inhibit the DNA forensics market growth over the period of 2019 to 2027.

STR testing to dominate the forensic DNA testing types segment by 2027

The STR testing segment is predicted to garner revenue of nearly USD 3,400 million by 2027.  Short tandem repeats or STRs are easier to examine than those with variable number tandem repeats. Moreover, the number of repeats at loci varies from one person to another and enables in recognizing unique profiles in a systematic or ascending/ descending manner. This is likely to drive the growth of the segment over the forecast timeline.

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Law enforcement segment to dominate the application landscape in terms of value

Law enforcement segment is predicted to accrue proceeds worth nearly USD 7,430 million by 2027. The growth of the segment is credited to constant efforts made by the government to generate a DNA database. Apart from this, the DNA identification act 1994 enacted by the U.S.     administration assisted the FBI to create a national DNA database for resolving pending criminal suits. This, in turn, has led to the massive acceptance of DNA forensics in the law enforcement agencies across the U.S., thereby further promoting the segmental growth.

North America to dominate the overall regional market revenue share

The regional market growth is credited to rise in the acceptance of DNA forensics by the private firms as well as legal enforcement agencies. Moreover, the use of DNA forensics has now become prominent even in the healthcare sector in the region. The U.S. is slated to be the key regional revenue contributor over the forecast timeline.

Key players involved in the DNA forensics industry include Sorenson Forensics, Thermo Fisher Scientific, General Electric, Illumina, Inc., QIAGEN, Roche, ANDE, Arrowhead Forensics, and Promega Corporation.

This report segments the DNA forensics market as follows:

Global DNA Forensics Market: By DNA Material Types Segment Analysis

  • Blood
  • Semen
  • Skin
  • Saliva
  • Hair
  • Other Body Fluids

Global DNA Forensics Market: By Forensic DNA Testing Types Segment Analysis

  • STR Testing
  • Massively Parallel Sequencing
  • Y-STR Testing
  • mtDNA Sequencing
  • Rapid DNA
  • Mini-STR Testing
  • Others

Global DNA Forensics Market: By Type Segment Analysis

  • Equipment
    • Laser System
    • UV Imaging System
    • Evidence Drying Cabinets
    • Fume hoods
    • Lab enclosures
    • DNA sequencer
    • Alternate light sources
    • CSI Cameras
    • Others
  • Product
    • Forensic Kits
      • PCR amplification kits
      • DNA quantification kits
      • Others
    • Cyclone Fingerprint Brush
    • Hand Preservation Bags
    • Others

Global DNA Forensics Market: By Application Segment Analysis

  • Parentage Testing
  • Genealogical and Medical Research
  • Law Enforcement
  • Others

Global DNA Forensics Market: Regional Segment Analysis

  • North America
    • U.S.
  • Europe
    • UK
    • France
    • Germany
  • Asia Pacific
    • China
    • Japan
    • India
  • Latin America
    • Brazil
  • Middle East and Africa

About Us:

Facts & Factors is a leading market research organization offering industry expertise and scrupulous consulting services to clients for their business development. The reports and services offered by Facts and Factors are used by prestigious academic institutions, start-ups, and companies globally to measure and understand the changing international and regional business backgrounds. Our client’s/customer’s conviction on our solutions and services has pushed us in delivering always the best. Our advanced research solutions have helped them in appropriate decision-making and guidance for strategies to expand their business.

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Global Plasmid Market 2020 Industry Players to Show High Growth Rate by 2027

Facts and Factors Market Research has published a new report titled “Plasmid Market By General Type (Conjugative and Non-Conjugative), by Specific Plasmid Types (F-Plasmids, Col Plasmids, Resistance Plasmids, Cryptic Plasmids, Degradative Plasmids, and Virulence Plasmids), and by Application (Transfection, Recombinant DNA Technology, Gene Therapy, and Others): Global Industry Perspective, Comprehensive Analysis, and Forecast, 2019 – 2027”.

According to the report, the global plasmid market is anticipated to be valued approximately USD 89 million in 2018 and is projected to hit the revenue of around USD 447 million by 2027, at a CAGR of around 19.5% between 2019 and 2027.

Plasmids are small circular double-stranded DNA molecules having the ability to duplicate independently. Moreover, the plasmid is different from chromosomal DNA and do not depend on chromosomal DNA for duplication. Plasmids are also referred to as replicons and they are the units of DNA that are capable of replicating independently within a suitable host.

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Plasmids are primarily found in bacteria. However, they can also be detected in archaea and multicellular organisms. Plasmids generally carry minimum one gene.  Most of the genes that plasmids carry benefit to host organisms.

Growing occurrence of cancer, genetic disorders, & contagious ailments to steer the market growth

Vectors are utilized in developing cancer treatments and this is likely to steer the growth of the plasmid market over the forecast timeline. In addition to this, continuous ongoing research targeting cancer and approvals of many of the biopharmaceutical medicines for treating cancer will impel the growth of the plasmid market over the forecast timeframe. Apart from this, the growing occurrence of chronic as well as contagious diseases producing escalating demand for improved therapies will proliferate the market scope over the forecast timespan.

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Moreover, escalating awareness about the gene treatment along with the acceptance of gene therapy for treating ailments like Alzheimer and attention deficit hyperactivity will amplify the market growth over the forecast timeline. Apparently, gene therapy has a high potential for treating genetic disorders, as well as chronic ailments like cancer, will further enlarge the business growth over the forecast timespan. Nevertheless, mutagenesis coupled with huge costs related to gene therapy can act as a restraining factor for the plasmid industry over the forecast timeframe.

F-plasmids to dominate the specific plasmid types segment

F-plasmids segment is predicted to accrue a revenue of nearly USD 124 million by 2027. Some of the plasmids like F-plasmids possess the genes referred to as transfer genes enabling conjugation and this is likely to drive the expansion of the segment over the forecast timeline.

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Gene therapy segment to contribute majorly towards the application landscape

The growth of the gene therapy segment is credited to a rise in the investment in research activities pertaining to gene treatment. Apart from this, increase in the awareness about the gene therapy, government support, and adoption of gene therapy for treating cancer will amplify the expansion of the gene therapy segment over the period from 2019 to 2027.

North America to dominate the overall regional market revenue share

North American market is likely to accrue a revenue of approximately USD 160 million by 2027. The growth of the market in the region is attributed to rising in the healthcare spending, approval of gene treatments for various chronic ailments, and rise in the investments in research activities pertaining to gene therapy applications in various domains.

Key players involved in the plasmid industry include Aldevron, GenScript, PlasmidFactory GmbH & Co. KG, VGXI, Inc., Oxford Genetics Ltd., Applied StemCell, Altogen Biosystems, Cobra Biologics, Copernicus Therapeutics, Inc., Takara Bio Inc., InvivoGen, Miltenyi Biotec, Medigene Sdn Bhd, MaxCyte, Inc., Mirus Bio LLC, MolMed S.p.A., GenePharma, and Polyplus Transfection.

This report segments the plasmid market as follows:

Global Plasmid Market: By General Type Segment Analysis

  • Conjugative
  • Non-Conjugative

Global Plasmid Market: By Specific Plasmid Types Segment Analysis

  • F-Plasmids
  • Col Plasmids
  • Resistance Plasmids
  • Cryptic Plasmids
  • Degradative Plasmids
  • Virulence Plasmids

Global Plasmid Market: By Application Segment Analysis

  • Transfection
  • Recombinant DNA Technology
  • Gene Therapy
  • Others

Global Plasmid Market: Regional Segment Analysis

  • North America
    • U.S.
  • Europe
    • UK
    • France
    • Germany
  • Asia Pacific
    • China
    • Japan
    • India
  • Latin America
    • Brazil
  • Middle East and Africa

About Us:

Facts & Factors is a leading market research organization offering industry expertise and scrupulous consulting services to clients for their business development. The reports and services offered by Facts and Factors are used by prestigious academic institutions, start-ups, and companies globally to measure and understand the changing international and regional business backgrounds. Our client’s/customer’s conviction on our solutions and services has pushed us in delivering always the best. Our advanced research solutions have helped them in appropriate decision-making and guidance for strategies to expand their business.

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Global Non-Insulin Therapies for Diabetes Market 2020 Forcasted for Accelerated Growth by 2027

Facts and Factors Market Research has published a new report titled “Non-Insulin Therapies for Diabetes Market By Product (Oral and Injectable) and By Distributor (Hospital Pharmacy, Retail Pharmacies, Online Pharmacy, and Others): Global Industry Perspective, Comprehensive Analysis, and Forecast, 2019 – 2027”.

According to the report, the global non-insulin therapies for diabetes market was valued at approximately USD 61,090 million in 2018 and is expected to reach a value of around USD 105,461 million by 2027, at a CAGR of around 6.3% between 2019 and 2027.

A large number of patients affected due to type 2 diabetes can cope with it by making a few lifestyle changes as well as alterations in diet intake. They can integrate the changes with non-insulin tablets. In type 1 diabetes, doctors recommend a combination of medical treatment that comprises non-insulin medicines. The non-insulin diabetes treatment comprises of oral and injectable drugs. Moreover, oral drugs that are recommended for effectively handling diabetes include Sodium-glucose cotransporter-2 (SGLT2) inhibitors, Sodium-glucose cotransporter-2 (SGLT2) inhibitors, metformin, and Alpha-glucosidase inhibitors (AGIs). The highly recommended injectable non-insulin medicines include Glucagon-like peptide-1 (GLP-1) agonists as well as Amylin analogs.

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Swiftly surging diabetic population pool to drive the market growth

The prominent rise in the diabetic population base is anticipated to steer the expansion of the non-insulin therapies for diabetes industry over the forecast timeline. Apart from this, the rise in the cases of type 2 diabetes in children will boost the production of non-insulin diabetes medicines, thereby steering the growth of the non-insulin therapies for diabetes market. In addition to this, the ratio of patients affected from type 2 diabetes is huge in most of the countries and this will further steer the market surge over the forecast timeline. Apparently, technological breakthroughs will complement the progression of the industry from the period of 2019 to 2027.

Furthermore, development of new non-insulin diabetes drugs like thiazolidinediones, glucagon-like peptide 1 analogs, dipeptidyl peptidase-4 inhibitors, and glinides for treating diabetes will propel the scope of the business during the period from 2019 to 2027. Nonetheless, the strict legislations pertaining to production of new drugs for treating diabetes can decimate the market expansion over the forecast timeline. In addition to this, the long process of approving of the drugs may further obstruct the market progression over the forecast timeline.

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Oral segment to dominate the product landscape over the forecast timespan

The segment is projected to accrue the revenue of nearly USD 94,600 by the end of 2027. The growth of the segment is credited to the massive demand for oral products as well as oral delivery & oral administration of the drugs.

Hospital Pharmacy segment to contribute majorly towards the overall market revenue

Hospital pharmacy segment is projected to accrue a revenue of nearly USD 52,800 million by 2027. Huge sale of non-insulin drugs from hospital pharmacies has soared the growth of the segment.

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North America to dominate the regional market growth

North American market is projected to accumulate revenue worth nearly USD 35,090 million by the end of the forecast timeframe. The growth of the market in North America is attributed to the massive application of non-insulin therapies for treating diabetes in countries like the U.S.

The key players in this market are 3SBio Group, Alkem Labs., Eli Lilly and Company, Emisphere Technologies, Eurofarma Laboratórios S.A., GEROPHARM, GlaxoSmithKline plc., Intarcia Therapeutics, Inc., Jiangsu Hengrui Medicine, Luye Pharma Group, Merck Sharp & Dohme Corp. (subsidiary of Merck & Co., Inc), Novo Nordisk, Pfizer Inc., Servier, Sumitomo Dainippon Pharma Co., Ltd., Ildong, and Syneos Health.

This report segments the non-insulin therapies for diabetes market as follows:

Global Non-Insulin Therapies for Diabetes Market: By Product Segment Analysis

  • Oral
    • Dipeptidyl peptidase-4 (DPP-4) inhibitors
    • Sodium-glucose cotransporter-2 (SGLT2) inhibitors
    • Metformin
    • Thiazolidinediones (TZDs)
    • Insulin secretagogues
    • Alpha-glucosidase inhibitors (AGIs)
    • Sulfonylureas
    • Glinides / Meglitinides
    • Biguanides
    • Others
  • Injectable
    • Glucagon-like peptide-1 (GLP-1) agonists
    • Amylin Agonists
    • Others

Global Non-Insulin Therapies for Diabetes Market: By Distributor Segment Analysis

  • Hospital Pharmacy
  • Retail Pharmacies
  • Online Pharmacy
  • Others

Global Non-Insulin Therapies for Diabetes Market: Regional Segment Analysis

  • North America
    • U.S.
  • Europe
    • UK
    • France
    • Germany
  • Asia Pacific
    • China
    • Japan
    • India
  • Latin America
    • Brazil
  • Middle East and Africa

About Us:

Facts & Factors is a leading market research organization offering industry expertise and scrupulous consulting services to clients for their business development. The reports and services offered by Facts and Factors are used by prestigious academic institutions, start-ups, and companies globally to measure and understand the changing international and regional business backgrounds. Our client’s/customer’s conviction on our solutions and services has pushed us in delivering always the best. Our advanced research solutions have helped them in appropriate decision-making and guidance for strategies to expand their business.

Contact Us:

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Postal – 200120, China
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Global Wellness Real Estate Market 2020 Surge Towards Solid Growth by 2027

Facts and Factors Market Research has published a new report titled “Wellness Real Estate Market By Vertical (Residential and Commercial): Global Industry Perspective, Comprehensive Analysis, and Forecast, 2018 – 2027”.

According to the report, the global wellness real estate market was valued at approximately USD 115,152 million in 2018 and is expected to reach a value of around USD 242,461 million by 2027, at a CAGR of around 8.8 % between 2019 and 2027.

Wellness real estate is a promising industry that has the ability to fulfill the immense health challenges of today’s world.  The main objective of the wellness real estate activities is to give wellness of the people a key priority and design, create and redevelop households and neighborhoods. The movement has not started from scratch but it has derived the wellness concept from many historical as well as recent movements while combining the outstanding features through a multidimensional wellness lens. Many elements of the green construction, design-driven, and food movements are already being accepted. Apart from this, new kind of urbanism, intentional communities and others, are already being blended in innovative ways into upcoming wellness emphasizing residential ventures and communities.

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Growing trend of green constructions to drive the market expansion

Massive concerns over GHG gas emissions through buildings are likely to propel the demand for green constructions over the forecast timeline. Apart from this, need to minimize operating costs and benefit the environment are likely to encourage the builders to construct green buildings. All these factors are predicted to contribute sizably towards the wellness real estate industry surge over the forecast timeline.

Moreover, the growing popularity of green buildings is credited to its ability to offer high air quality and good biodiversity. In addition to this, the increase in the green organizations across the globe and launching of many projects that transform current structures into greener ones will steer the expansion of wellness real estate industry over the forecast timeline.

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Furthermore, the rise in the number of wellness lifestyle real estate ventures in Europe, North America, Latin America, and the Asia Pacific regions will further promote the market growth trends. Nonetheless, the high competition witnessed among the players due to awareness about healthy living & wellness lifestyle will hinder the expansion of the market over the forecast timespan.

Residential segment to dominate the overall market growth over the forecast timeline

The residential segment is projected to garner revenue of nearly USD 181,800 million by 2027. The growth of the segment is attributed to the launching of open-air yoga workshops and nurturing or cultivating & nourishing gardens with medicinal herbs & plants in residential ventures. Moreover, providing space for meditation in courtyards has become a new trend in real estate residential construction and this has paved a way for the growth of the segment.

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North America to dominate the overall market growth in terms of revenue

The growth of the regional market is attributed to the rise in the number of wellness projects along with the growing desire for wellness programs in the region. For the record, North America has 372 wellness lifestyle real estate ventures and this is the highest number followed by 293 projects in the Asia Pacific.

Key players involved in the wellness real estate industry include Nokia Networks, Xilinx Inc., Cisco Systems, Inc., Intel Corporation, Ericsson, Ciena Corporation, ZTE Corporation, Fujitsu Ltd., Qualcomm Technologies, Inc., Huawei Technologies Co., Ltd., Samsung, Vodafone, Intel Corporation, AT&T Inc., Sprint Corporation, VMware, Inc.,  Juniper Networks, Inc., and Verizon Communications.

This report segments the wellness real estate market as follows:

Global Wellness Real Estate Market: By Vertical Segment Analysis

  • Residential
  • Commercial
    • Office
    • Hospitality
    • Others

Global Wellness Real Estate Market: Regional Segment Analysis

  • North America
    • U.S.
  • Europe
    • UK
    • France
    • Germany
  • Asia Pacific
    • China
    • Japan
    • India
  • Latin America
    • Brazil
  • Middle East and Africa

About Us:

Facts & Factors is a leading market research organization offering industry expertise and scrupulous consulting services to clients for their business development. The reports and services offered by Facts and Factors are used by prestigious academic institutions, start-ups, and companies globally to measure and understand the changing international and regional business backgrounds. Our client’s/customer’s conviction on our solutions and services has pushed us in delivering always the best. Our advanced research solutions have helped them in appropriate decision-making and guidance for strategies to expand their business.

Contact Us:

Facts & Factors

Global Headquarters

Level 8, International Finance Center, Tower 2,
8 Century Avenue, Shanghai,
Postal – 200120, China
Tel: +86 21 80360450

Email: sales@fnfresearch.com

Web: https://www.fnfresearch.com

Global Virtual Reality in Healthcare Market 2020 | Newest Industry Data, Future Trends And Forecast 2027

Facts and Factors Market Research has published a new report titled “Virtual Reality in Healthcare Market By Offering (Hardware Device, Services, and Software), by Application (Visualization (Virtual Endoscopy, Colonoscopy), Radiotherapy, Computer Assisted Surgery, Dentistry, Disability & Rehabilitation, Pain Management, Phobias, Telehealth, Medical Training/Teaching/Determining Level of Skill,  and Mental Health, Psychological Therapy, & Post Traumatic Stress Disorder), and by End-User (Hospitals, Clinics, & Surgical Centers, Healthcare Institutes, and Diagnostic Laboratories) : Global Industry Perspective, Comprehensive Analysis, and Forecast, 2019 – 2027”.

According to the report, the global virtual reality in healthcare market was valued at approximately USD 260 million in 2018 and is expected to reach a value of around USD 3,441 million by 2027, at a CAGR of around 33.2 % between 2019 and 2027.

Virtual reality is created through a computer-aided simulated virtual environment. It provides a real-life sensory experience to an individual and produces a highly immersive and visually appealing 3-D environment, in which an individual is able to handle virtual objects and execute a series of tasks. The environment is either of the existent or replicated worlds, in which an individual is able to experience as well as interact with the objects & characters.

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Moreover, virtual treatment offers myriad benefits over conventional methods of treatment. In the healthcare sector, virtual reality removes the use of drugs along with complicated invasive surgical therapies, thereby saving the cost and time. The major factors influencing the virtual reality in healthcare industry include large cases of neural disorders, escalating demand for innovative diagnostic methods, and enhanced awareness of the diseases. Furthermore, recent advancements in the domain of information technology such as computers, laptops, web connectivity, and mobile applications are expected to further propel the growth of the business.

Improvement in the surgical procedures to expand the market scope

The use of 3D prototype in the medical surgeries has brought an improvement in the surgical methods and this is likely to prompt the growth of the virtual reality in healthcare industry over the forecast timeline. For instance, surgeons need exact pictures of that inner part of the body that will undergo surgery and virtual reality through 3D imaging process will make it convenient for the surgeon to view the inner body part.

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Moreover, the growth of healthcare IT infrastructure is likely to push the market trends over the forecast timeline. Apart from this, applications of VR immersion therapy in mental disorders like depression and phobias will further elevate the expansion of virtual reality in healthcare industry over the forecast timeline. Nonetheless, the low level of expertise among the doctors to adopt innovative techniques and lack of proficiency in deploying VR services in the healthcare & medical sector will inhibit the market surge over the forecast timespan.

Visualization segment to dominate the application landscape

Visualization segment is expected to garner the revenue of nearly USD 860 million by 2027. The growth of the segment can be credited to the ability of visualization to offer hands-on experience in medical schools & colleges. For the record, the western university of health sciences in California has converted study of human anatomy through the creation of the virtual reality lab, thereby helping the students get virtual experience to work on the human body.

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Hospitals. Clinics & Surgical Centers to lead the end-user segment

The growth of the segment can be attributed to a rise in the application of VR for the purpose of diagnosing & surgeries. The segment is likely to hit the revenue of USD 1,369 million by the end of the forecast timeline.

North America to account for major regional market revenue share

The growth of the regional market can be attributed to the wide usage of VR in training & development of healthcare professionals along with the use of the technology for assistance in treating psychosomatic & neural disorders.

The key players included in this market are  SimX, Inc.,Medical Realities Ltd., SURGICAL THEATER, LLC, Intuitive Surgical, General Electric, Facebook Technology LLC (Oculus VR), Firsthand Technology, Inc., FundamentalVR, ImmersiveTouch, Inc., Koninklijke Philips N.V., Mindmaze, Osso VR, Program-Ace, Psico Smart Apps, S.L., Qualcomm Technologies, Inc., SAMSUNG ELECTRONICS CO., LTD., Siemens Healthcare Private Limited, Vicarious Surgical, and zSpace, Inc.

This report segments the virtual reality in healthcare market as follows:

Global Virtual Reality in Healthcare Market: By Offering Segment Analysis

  • Hardware Device
    • Head Tracking Systems
    • Head-Mounted displays
    • Non-Immersive Systems
  • Software
  • Services

Global Medical Device Interoperability Market: By End-User Segment Analysis

  • Hospitals
  • Ambulatory Cares
  • Clinics & Imaging Centres

Global Virtual Reality in Healthcare Market: By Application Segment Analysis

  • Visualization (Virtual Endoscopy, Colonoscopy)
  • Radiotherapy
  • Computer Assisted Surgery (Training, Planning, Rehearsal, and Delivery)
    • Neurosurgery
    • Laparoscopic
    • Simulators
  • Dentistry
  • Disability & Rehabilitation
  • Pain Management
  • Phobias
  • Telehealth
  • Medical Training/Teaching/Determining Level of Skill
  • Mental Health, Psychological Therapy, & Post Traumatic Stress Disorder

Global Virtual Reality in Healthcare Market: Regional Segment Analysis

  • North America
    • U.S.
  • Europe
    • UK
    • France
    • Germany
  • Asia Pacific
    • China
    • Japan
    • India
  • Latin America
    • Brazil
  • Middle East and Africa

About Us:

Facts & Factors is a leading market research organization offering industry expertise and scrupulous consulting services to clients for their business development. The reports and services offered by Facts and Factors are used by prestigious academic institutions, start-ups, and companies globally to measure and understand the changing international and regional business backgrounds. Our client’s/customer’s conviction on our solutions and services has pushed us in delivering always the best. Our advanced research solutions have helped them in appropriate decision-making and guidance for strategies to expand their business.

Contact Us:

Facts & Factors

Global Headquarters

Level 8, International Finance Center, Tower 2,
8 Century Avenue, Shanghai,
Postal – 200120, China
Tel: +86 21 80360450

Email: sales@fnfresearch.com

Web: https://www.fnfresearch.com

Global Construction Bid Management Market Will Surge to Around USD 4,568 Million By 2027

Facts and Factors Market Research has published a new report titled “Construction Bid Management Market By Component (Software and Services), By End-User (Subcontractors and General Contractors), and By Vertical (Private and Public): Global Industry Perspective, Comprehensive Analysis, and Forecast, 2018 – 2027”.

According to the report, the global construction bid management market was valued at approximately USD 1,105 million in 2018 and is expected to reach a value of around USD 4,568 million by 2027, at a CAGR of around 17.1 % between 2019 and 2027.

Construction bid management is the method of submitting a guarantee of managing a construction project. The procedure starts with a cost estimation for proposal and material takeoff. A construction tender or bid is defined as an offer to work at a particular amount of profits.

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Large-scale use of bid management software to drive the market growth

Construction ventures are complex and massive utilization of web-based information management technology finds huge applications in such intricate settings. The computers & software are used for speeding up the data transmission, offering formatting ease for routine documentation, and maintaining accurate logs of transfer of these documents. Moreover, the manifold responsibility of the builder, engineer, and contractor depends on the accuracy of the data or information presented to them. All these aspects are projected to determine the growth of the construction bid management market during the forecast timespan.

Apart from this, governments across the globe are adopting a standardized approach to assessing cybersecurity due to massive threats from varied sources. The standardized approach includes high compliance specifications for ICT (information & communication technology) services. These aforementioned factors are likely to spur market growth over the forecast timeline. Nonetheless, high dependency on manual procedures can impede the industry expansion over the forecast timeline.

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Software segment to dominate the overall market growth in terms of value

The software segment, which was evaluated at nearly USD 945 million in 2017, is likely to generate huge revenue during the forecast timeline. The growth of the segment can be credited to the massive use of software like AutoCAD in the building & construction activities. Apart from this, the growing trend of using big data analytics and predictive analytics software will further contribute to the growth of the segment during the forecast timeframe.

General contractors to lead the end-user segment during the forecast period

The general contractors segment is likely to dominate the end-user segment during the forecast timeline. The growth can be due to the massive use of the bid management software for documentation purposes as well as document management at the general contractor level.

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North America to dominate the overall market growth in terms of revenue

The presence of a large number of bidding firms in the region along with the mandatory use of the BIM technology software in countries like the U.S. will contribute notably towards the growth of the construction bid management market in North America. Apart from this, the thriving construction activities in the region and huge funding on the new construction projects will boost the regional market trends. Canada and the U.S. are projected to be the major regional growth drivers.

The key players in the construction bid management market include The Construction Link Inc., Systemates, Inc., Specialty Software Group LLC., Sage Software, ProjStream, Pantera Global Technology, Inc., Procore Technologies, Inc., A/E/C Solutions Inc., Bid Planroom, B2W Software Inc., Bid Messenger, Chetu Inc., Synlio, BidScaler Technologies, CoConstruct, Oracle, ConstructConnect, Inc., Contractors Register, Inc., JBKnowledge, Inc., and InEight Inc.

This report segments the construction bid management market as follows:

Global Construction Bid Management Market: By Component Segment Analysis

  • Software
  • Services

Global Construction Bid Management Market: By End-User Segment Analysis

  • Subcontractors
  • General Contractors

Global Construction Bid Management Market: By Vertical Segment Analysis

  • Private
  • Public

Global Construction Bid Management Market: Regional Segment Analysis

  • North America
    • The U.S.
  • Europe
    • UK
    • France
    • Germany
  • Asia Pacific
    • China
    • Japan
    • India
  • Latin America
    • Brazil
  • The Middle East and Africa

About Us:

Facts & Factors is a leading market research organization offering industry expertise and scrupulous consulting services to clients for their business development. The reports and services offered by Facts and Factors are used by prestigious academic institutions, start-ups, and companies globally to measure and understand the changing international and regional business backgrounds. Our client’s/customer’s conviction on our solutions and services has pushed us in delivering always the best. Our advanced research solutions have helped them in appropriate decision-making and guidance for strategies to expand their business.

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Global Bio-Based Materials Market to Cross Around USD 1,19,667 Million By 2027

Facts and Factors Market Research has published a new report titled “Bio-Based Materials Market By Type (Bio-Based Polyethylene terephthalate (PET), Bio-Based Polyethylene (PE), Bio-Polycarbonate, Bio-Polyamide, and Bio-Polypropylene (PP)) and By Application (Rigid Packaging, Flexible Packaging, Textiles, Automotive and Transport, Consumer Goods, Building and Construction, Electrics and Electronics, and Others): Global Industry Perspective, Comprehensive Analysis, and Forecast, 2018 – 2027”.

According to the report, the global bio-based materials market was valued at approximately USD 13,861 million in 2018 and is expected to reach a value of around USD 1,19,667 million by 2027, at a CAGR of around 27.1% between 2019 and 2027.

Bio-based materials are obtained from renewable sources like feedstock consisting of organic polymers, corn, starch, and sugarcane that degrade in the environment within a span of a year. The steady cost of agricultural feedstock as compared to petrochemical products is likely to enhance the use as well as the popularity of the bio-based materials across the globe.

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Packaging sector to drive the growth of bio-based materials market

Bio-based materials find lucrative applications in the packaging of bottles and carry bags. Apart from this, the products are eco-friendly as they can be recycled and do not contribute to GHG emissions in the atmosphere. All these aforementioned aspects are likely to steer the growth of the bio-based materials market in the forecast timespan.

Moreover, the bio-based materials help in minimizing oil dependence and its biodegradable feature helps in reducing the toxic filtrates as well as waste disposal in the atmosphere. Apart from this, new biopolymers like Polylactic acid and Polyhydroxyalkanoate help in the massive usage of bio-based materials like biodegradable plastics. This, in turn, will further spur the market landscape.

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Bio-based Polyethylene terephthalate (PET) to dominate the type segment

Bio-based Polyethylene terephthalate (PET) segment, which contributed nearly 60% of the overall market share in 2017, is likely to generate huge revenue during the forecast timeline. The growth of the segment can be credited to the increased focus by the plastic manufacturers on sustainable packaging.

Rigid packaging segment to dominate the application landscape in terms of value

The rigid packaging segment is likely to make major contributions to the overall market revenue during the forecast timeline. The growth of the segment can be credited to large-scale use of the bio-based materials in the rigid packaging sector.

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Automotive & Transport segment to record the highest CAGR during the forecast period

The automotive & transport segment accounted for nearly USD 1,100 million in 2018 and is expected to record a good growth rate during the forecast timeframe. The growth of this segment can be attributed to the massive use of bioplastics as eco-friendly packaging products in the automotive sector due to the degradable nature of bioplastics.

Europe to dominate the overall market growth in terms of earnings

European bio-based materials market is projected to produce huge revenue during the forecast timeline with Germany contributing majorly towards the regional market growth. The growth of the market in Europe can be attributed to the increased focus of the industry players on sustainable packaging along with the strict implementation of laws by the European Commission pertaining to GHG emissions. High awareness about minimizing GHG emissions during the manufacturing activities as per Horizon 2020 strategy on the regional level will boost the growth of the market in the region.

Some of the key players in bio-based materials market include The Coca-Cola Company, Plastipak Holdings, Inc., Anellotech, Inc., LANXESS, Arkema, Avantium, Toray Industries, Inc., BASF SE, Teijin Limited, Braskem, Clariant, Corbion, DSM, Evonik Company, Dupont, Eastman Chemical Company, Genomatica, Gevo, M&G Chemicals, PepsiCo Inc., Roquette, Solvay, and Toyota Tsusho Corporation.

This report segments the bio-based materials market as follows:

Global Bio-Based Materials Market: By Type Segment Analysis

  • Bio-Based Polyethylene terephthalate (PET)
  • Bio-Based Polyethylene (PE)
  • Bio-Polycarbonate
  • Bio-Polyamide
  • Bio-Polypropylene (PP)

 Global Bio-Based Materials Market: By Application Segment Analysis

  • Automotive and Transport
  • Electrics and Electronics
  • Flexible Packaging
  • Textiles
  • Building and Construction
  • Consumer Goods
  • Rigid Packaging

Global Bio-Based Materials Market: Regional Segment Analysis

  • North America
    • The U.S.
  • Europe
    • UK
    • France
    • Germany
  • Asia Pacific
    • China
    • Japan
    • India
  • Latin America
    • Brazil
  • The Middle East and Africa

About Us:

Facts & Factors is a leading market research organization offering industry expertise and scrupulous consulting services to clients for their business development. The reports and services offered by Facts and Factors are used by prestigious academic institutions, start-ups, and companies globally to measure and understand the changing international and regional business backgrounds. Our client’s/customer’s conviction on our solutions and services has pushed us in delivering always the best. Our advanced research solutions have helped them in appropriate decision-making and guidance for strategies to expand their business.

Contact Us:

Facts & Factors

Global Headquarters

Level 8, International Finance Center, Tower 2,
8 Century Avenue, Shanghai,
Postal – 200120, China
Tel: +86 21 80360450

Email: sales@fnfresearch.com

Web: https://www.fnfresearch.com

Global AI for Drug Discovery Market Expected to Reach Around USD 12,135 Million By 2027

Facts and Factors Market Research has published a new report titled “AI for Drug Discovery Market By Drug Type ( Small Molecule and Large Molecule), By Technology (Deep Learning, Machine Learning, and Others), By Therapeutic Area (Metabolic Diseases, Immuno-Oncology, Neurodegenerative Diseases, Cardiovascular Diseases, Oncology, and Others),  and By End User (Pharmaceutical Companies, Academic & Research Institutes, Biopharmaceutical Companies, and Others): Global Industry Perspective, Comprehensive Analysis, and Forecast, 2018 – 2027”.

According to the report, the global AI for drug discovery market was valued at approximately USD 591 million in 2018 and is expected to reach a value of around USD 12,135 million by 2027, at a CAGR of around 39.8 % between 2019 and 2027.

AI for drug discovery is a technique that makes use of tools such as deep learning and machine learning that helps in adding value to the decision-making methods of drug discovery. The massive occurrence of rare ailments and escalating need for personalized medicine has prompted the demand for AI for drug discovery market.

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Huge demand for genetic data analysis to spur the market growth

With giant pharma firms focusing on genetic data interpretation of patients, the market for AI for drug discovery is likely to gain traction over the forecast timeline. Understanding of the patient’s genetic profile assists in providing apt medicines as well as medical treatment for the patients. Moreover, the computational approaches of machine learning help in analyzing genetic data of the patient and propose new drug and therapies.

Additionally, clinical practice based on the machine learning tools has generated huge demand for personalized medicines as well as drug discoveries. Furthermore, the healthcare and pharmaceutical sectors have been benefitted significantly from the use of machine learning computational methods in clinical practice. The machine learning tools are used for determining the body resistance to a particular type of drugs as well as resistance to combined drug therapies based on genotype interpretation.

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Small molecule segment dominates the drug type segment

The growth of the small molecule segment can be attributed to its notable contribution towards a large number of new drug application approvals over the past few years. Apart from this, the segment has also contributed significantly towards new molecular entities over the last few years. The small molecule segment is projected to register the highest growth rate of nearly 40.7% during the forecast timeframe.

Machine learning to contribute majorly towards the overall market earnings

Machine learning segment, which contributed nearly 50% towards overall market share in 2018, is expected to make sizable contributions towards the global market revenue even during the forecast timespan. The growth of this segment is due to the ability of the machine learning tools in assisting the researchers in using new computational algorithms for developing or designing novel drugs. Machine learning can also be used to create software for testing medicines as well as combinational therapies.

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Pharmaceutical companies sector to lead the end user segment

The pharmaceutical companies segment contributed around 40% of the overall market share in 2018 and is likely to register major market revenue share during the forecast period. The growth can be attributed to pharma giants focusing on using the machine learning tools to derive the exact information from the clinical data output obtained after performing clinical drug trials.

North America to lead the overall market growth in terms of value

The growth of the market in North America can be credited to the high acceptance of new technologies, the presence of major industry participants, and large scale investments in drug discovery research activities.

The major participants involved in the AI for drug discovery market include Recursion Pharmaceuticals, AstraZeneca, Astrocyte Pharmaceuticals, Inc., NeuroVive Pharmaceutical AB, twoXAR Incorporated,  Biogen, Bionure Farma, S.L., BIOAGE, Genervon Biopharmaceuticals, LLC., Hoffmann-La Roche Ltd., Neuren Pharmaceuticals, Atomwise, Insilico Medicine, Silicon Therapeutics, Cloud Pharmaceuticals, Inc., Novartis Pharmaceuticals Corporation, Teva Pharmaceutical Industries Ltd., BenevolentAI, Exscientia, Numerate, Envisagenics, Inc., and Accutar Biotech.

This report segments the AI for drug discovery market as follows:

Global AI for Drug Discovery Market: By Drug Type Segment Analysis

  • Small Molecule
  • Large Molecule

Global AI for Drug Discovery Market: By Technology Segment Analysis

  • Deep Learning
  • Machine Learning
  • Others

Global AI for Drug Discovery Market: By Therapeutic Area Segment Analysis

  • Metabolic Diseases
  • Immuno-Oncology
  • Neurodegenerative Diseases
  • Cardiovascular Diseases
  • Oncology
  • Others

Global AI for Drug Discovery Market: By End User Segment Analysis

  • Pharmaceutical Companies
  • Academic & Research Institutes
  • Biopharmaceutical Companies
  • Others

 Global AI for Drug Discovery Market: Regional Segment Analysis

  • North America
    • U.S.
  • Europe
    • UK
    • France
    • Germany
  • Asia Pacific
    • China
    • Japan
    • India
  • Latin America
    • Brazil
  • Middle East and Africa

About Us:

Facts & Factors is a leading market research organization offering industry expertise and scrupulous consulting services to clients for their business development. The reports and services offered by Facts and Factors are used by prestigious academic institutions, start-ups, and companies globally to measure and understand the changing international and regional business backgrounds. Our client’s/customer’s conviction on our solutions and services has pushed us in delivering always the best. Our advanced research solutions have helped them in appropriate decision-making and guidance for strategies to expand their business.

Contact Us:

Facts & Factors

Global Headquarters

Level 8, International Finance Center, Tower 2,
8 Century Avenue, Shanghai,
Postal – 200120, China
Tel: +86 21 80360450

Email: sales@fnfresearch.com

Web: https://www.fnfresearch.com

Global C-Clamp Market to Cross Around USD 1,020 Million By 2027

Facts and Factors Market Research has published a new report titled “C-Clamp Market By Application (Commercial/Industrial Use and Home Use), By Raw Material (Steel, Cast Iron, and Other Alloys), By Jaw Opening (Less than 6 inch, Between 6 inch and 12 inch, and More than 12 inch), and By End User (Light Duty, Heavy Duty, and Regular Duty): Global Industry Perspective, Comprehensive Analysis, and Forecast, 2018 – 2027”.

According to the report, the global C-clamp market was valued at approximately USD 747 million in 2018 and is expected to reach a value of around USD 1,020 million by 2027, at a CAGR of around 3.5% between 2019 and 2027.

C-clamp also referred to as G-clamp is the equipment that is used for holding objects or materials, which are made from either wood or metals, or together. These products were originally termed as carriage clamps or carriage-makers clamps. It is used for preventing separation & movement against any type of internal as well as external forces. This product is available in varied sizes, jaw openings, and load-bearing capacities. Myriad types of C-clamp include standard common clamps, quick release common clamps, deep reach common clamps, double anvil common clamps, locking common clamps, and copper-coated common clamps.

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Flourishing automotive sector to drive the C-clamp market expansion

C-clamps are being massively used in automotive applications such as pressure application for breaking caliper while changing the brakes. This will help the C-clamp market gain traction in the ensuing years. Apart from this, it also helps in holding the piece of work at the time of the service process as well as many other services including light, medium, and regular duty services.

Moreover, C-clamps find massive use in industrial-grade construction activities due to its beneficial characteristics like high durability, operational safety, flexibility, strong clamping force, and compactness. In addition to this, massive infrastructural development taking place across the globe is expected to steer the growth of the C-clamp industry in the near future. The product also finds myriad application in commercial and household sectors.

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Commercial/Industrial use to dominate the application segment

The commercial/industrial use segment, which accounted for nearly 70% of the overall market share in 2017, is projected to dominate the global market during the estimated timeframe. The growth can be attributed to large-scale utilization of the product in the thriving commercial as well as industrial sectors. Moreover, C-clamps are massively used in industries like automotive, carpentry, woodworking, and welding. They are also used for hanging stage lighting equipment.

Steel to contribute majorly towards the global market revenue share

Steel segment, which contributed approximately 50% towards the overall market revenue share in 2017, is predicted to account for largest contribution towards the overall market revenue even during the estimated timeframe.

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The use of the steel in the manufacturing of the C-clamps has led to overcoming of various drawbacks of the product found during testing its practical utilization as well as a simulation in extreme conditions. Apart from this, the steel used as a raw material for manufacturing C-clamps also helps product satisfy business requirements.Regular duty to lead the end-user segment in terms of value

The regular duty segment, which contributed nearly 44% of the overall market share in 2017, is expected to make major contributions towards the overall market revenue during the estimated timeline. The growth of the regular duty segment can be credited to the massive use of the C-clamps for steel fabrication, industrial production, industrial maintenance, and industrial welding applications.

Europe dominates the overall C-clamp market earnings

Europe contributed nearly 35% of the overall market share in 2017. The regional market growth can be credited to the humungous presence of major manufacturers in the European continent.

The major manufacturers of the C-clamp market include Apollo Metal Industries, Bessey Tools North America, Clamptek Co.,Ltd., Craftsman, DEWALT, Hart, IRWIN Tools, Kreg, Lapeer Manufacturing, Milescraft, Premier Farnell, Princess Auto Ltd., TEKTON, The Lincoln Electric Company, URREA PROFESSIONAL TOOLS, INC., W.W. Grainger, Inc., W.W. Grainger, Inc., Wilton Tools and Yost Vises.

This report segments the C-clamp market as follows:

Global C-Clamp Market: By Application Segment Analysis

  • Commercial/Industrial Use
  • Home Use

Global C-Clamp Market: By Raw Material Segment Analysis

  • Steel
  • Cast Iron
  • Other Alloys

Global C-Clamp Market: By Jaw Opening Segment Analysis

  • Less than 6 inch
  • Between 6 inch and 12 inch
  • More than 12 inch

Global C-Clamp Market: By End User Segment Analysis

  • Light Duty
  • Heavy Duty
  • Regular Duty

 Global C-Clamp Market: Regional Segment Analysis

  • North America
    • U.S.
  • Europe
    • UK
    • France
    • Germany
  • Asia Pacific
    • China
    • Japan
    • India
  • Latin America
    • Brazil
  • Middle East and Africa

About Us:

Facts & Factors is a leading market research organization offering industry expertise and scrupulous consulting services to clients for their business development. The reports and services offered by Facts and Factors are used by prestigious academic institutions, start-ups, and companies globally to measure and understand the changing international and regional business backgrounds. Our client’s/customer’s conviction on our solutions and services has pushed us in delivering always the best. Our advanced research solutions have helped them in appropriate decision-making and guidance for strategies to expand their business.

Contact Us:

Facts & Factors

Global Headquarters

Level 8, International Finance Center, Tower 2,
8 Century Avenue, Shanghai,
Postal – 200120, China
Tel: +86 21 80360450

Email: sales@fnfresearch.com

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Global AI Radiation Dosing Market Expected to Reach Around USD 1,143 Million By 2027

Facts and Factors Market Research has published a new report titled “AI Radiation Dosing Market By Type of Modalities (MRI, Ultrasound, Mammography, Computed Tomography (CT) Scan, X-ray, and Others) and By End User (Hospitals, Medical Institutions, Diagnostic Center, and Other Medical Groups): Global Industry Perspective, Comprehensive Analysis, and Forecast, 2018 – 2027”.

According to the report, the global AI radiation dosing market was valued at approximately USD 112 million in 2018 and is expected to reach a value of around USD 1,143 million by 2027, at a CAGR of around 29.5% between 2019 and 2027.

AI radiation dosing is blend of radiation dose management and artificial intelligence. Radiation dose is the number of radiations that are absorbed by the body of the patient undergoing medical treatment. Monitoring and gauging of these radiations are necessary to lessen the side-effects caused to the body parts due to these radiations and this is predicted to help AI radiation dosing market gain prominence across the globe.

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AI technology facilitates low-dose CT scanning

Since the past few years, radiation dose has been a major concern among the patients undergoing CT scans and being exposed to X-ray radiation from the CT scans. However, the use of artificial intelligence radiation dosing has enabled low radiation dose CT scans and this has helped in reducing the patient concerns to a large extent. All these aforementioned factors are likely to drive the growth of the AI radiation dosing market in the forecast period.

Apart from this, reducing the radiation can also lessen the quality of the image. Engineers across the globe have been focusing and emphasizing on developing effective iterative reconstruction methods in order to remove the intrusions from the images taken during the CT scan. Some of the engineers have successfully developed the techniques and have been successful in removing the interference to some extent. Nonetheless, the deep learning techniques have proved to be more effective for radiologists over the iterative reconstruction systems for getting clear images from CT scans without interferences. It has also been found that the deep learning hybrid image reconstruction method combines low radiation dose CT scan images with neural network techniques to provide images at higher speed as compared to those offered through iterative reconstruction techniques. All these aspects are predicted to enhance the scope of the AI radiation dosing industry in the years to come.

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Computed tomography (CT) scan to dominate the type of modalities segment

The computed tomography (CT) scan segment is anticipated to contribute to the highest market revenue share during the estimated timeframe. The growth of the segment can be attributed to its massive use in the healthcare sector as CT scans have the ability to offer customized scan pictures of particular parts of the body of the patients. Apart from this, the use of CT scans in oncology, orthopedics, and neurolocial ailments will further propel the segment growth.

The ultrasound modality segment is predicted to record the highest CAGR of 31.6% during the forecast timeline.

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Hospitals are projected to dominate the end-user segment

The hospitals segment is likely to lead the market growth due to the easy availability of funds for the deployment of new services along with the huge pool of patient population base. Apart from this, large-scale awareness about the advantages of early disease diagnosis among the patients along with the knowledge of hazardous effects of exposure to radiation will boost the demand for AI radiation dosing in hospitals. Moreover, technological breakthroughs in imaging modalities will further contribute towards the extensive growth of the hospital’s segment during the forecast timespan.

The diagnostic center segment is predicted to record the highest CAGR of nearly 30.4% during the assessment period.

North America leads the global AI radiation dosing market

Strict laws and accreditation necessities pertaining to reporting &  optimization of radiation doses are likely to help the North American market register the highest regional growth in terms of revenue during the forecast timeline.  Apart from this, high acceptance of HCIT techniques and strict implementation of dosing protocols to enhance patient safety at the time of CT scans in countries like the U.S. will further drive the regional growth.

Key players in the AI radiation dosing industry include are Imalogix, Bayer HealthCare LLC., and Siemens Healthcare Private Limited, among others.

This report segments the AI Radiation Dosing market as follows:

Global AI Radiation Dosing Market: By Type of Modalities Segment Analysis

  • MRI
  • Ultrasound
  • Mammography
  • Computed Tomography (CT) Scan
  •  X-ray
  • Others

Global AI Radiation Dosing Market: By End User Segment Analysis

  • Hospitals
  • Medical Institutions
  • Diagnostic Center
  • Other Medical Groups

Global AI Radiation Dosing Market: Regional Segment Analysis

  • North America
    • The U.S.
  • Europe
    • UK
    • France
    • Germany
  • Asia Pacific
    • China
    • Japan
    • India
  • Latin America
    • Brazil
  • The Middle East and Africa

About Us:

Facts & Factors is a leading market research organization offering industry expertise and scrupulous consulting services to clients for their business development. The reports and services offered by Facts and Factors are used by prestigious academic institutions, start-ups, and companies globally to measure and understand the changing international and regional business backgrounds. Our client’s/customer’s conviction on our solutions and services has pushed us in delivering always the best. Our advanced research solutions have helped them in appropriate decision-making and guidance for strategies to expand their business.

Contact Us:

Facts & Factors

Global Headquarters

Level 8, International Finance Center, Tower 2,
8 Century Avenue, Shanghai,
Postal – 200120, China
Tel: +86 21 80360450

Email: sales@fnfresearch.com

Web: https://www.fnfresearch.com

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