Veterinary Dental Equipment MarketProjected For Promising Growth Till 2026

Global Veterinary Dental Equipment Market: Overview

The global veterinary dental equipment market is anticipated to touch new heights in the near future.  This is mainly because of the growing companion animal population across the globe. Apart from this, rising incidence of veterinary dental problems, and growth in the number of veterinary practitioners are other factors fueling the global veterinary dental equipment market. Veterinary dental equipment is specially designed equipment for animal use. Some of them are luxators, elevators,  extraction forceps,  probes, curettes, deciduous elevators, amd tartar.

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An upcoming report by Transparency Market Research on the global veterinary dental equipment market will offer an in-depth analysis of the said market. It helps the reader to investigate the key influencing factors of the market. Some of the key aspects discussed in the report are drivers, restrains, opportunity, trends, and opportunities. Further, the report on the global veterinary dental equipment market provides the potential revenue across different segments.   The study is vital to understand attractive investment prospects in the market. In addition to this, the report throws light on different segmentation of the global veterinary dental equipment market. Apart from this, regional outlook of the global veterinary dental equipment market and competitive strategies adopted by leading players are highlights of the report.

Global Veterinary Dental Equipment Market: Trends and Opportunities

Significant rise in occurrence of oral diseases among the companion pet is one factor boosting the growth of the global veterinary dental equipment market. Some of the common oral diseases among pets are gingivitis and periodontal.  Apart from this, rising awareness among pet owners regarding availability of veterinary dental equipment is boosting the growth of the market. This is mainly because of widespread marketing and promotional activities undertaken by the key manufacturers. Growing demand for routine veterinary oral examinations for preventive care of pets in order to delay and prevent various diseases is another factor increasing market penetration of the veterinary dental equipment.

However, dearth of skilled veterinary dentists in emerging economies is likely to hamper the growth of the global veterinary dentistry instruments & equipment market in the forecast period. Introduction of attractive reimbursement plans by private players is bolstering the growth of the global veterinary dental equipment market.

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Global Veterinary Dental Equipment Market: Geographical Analysis

Geographically, the global veterinary dental equipment market can be  segmented into five major regions: North America, Europe, Asia Pacific, Latin America, and Middle East & Africa. Among all these region, North America is expected to dominate the global veterinary dental equipment market in the forecast period. This is mainly due to the increasing number of pet animals in the U.S. and Canada and also due to the presence of key manufacturers.

Global Veterinary Dental Equipment Market: Competitive Landscape

The competitive landscape of the global veterinary dental equipment market displays fierce competition. Expansion of portfolio of veterinary dentistry instruments is the key strategy adopted by major players to tap growth in the global veterinary dental equipment market. Big players are acquiring business segments of emerging players to curb the scope of expansion of local payers. Some of the prominent players operating in the global veterinary dental equipment market are Dentalaire Products International , iM3, Henry Schein, Inc., Dispomed, Midmark Corporation, MAI Animal Health, Acteon Group, TECHNIK Veterinary Ltd, and Cislak manufacturing.

Sleep Apnea Diagnostic and Therapeutic Devices Market Competitive Landscape, New Projects And Top Key Players Forecast 2013 – 2019

A new Transparency Market Research report states that the sleep apnea diagnostic and therapeutic devices market stood at US$3.8 bn in 2012 and is predicted to reach US$6.4 bn by 2019. It is expected to expand at a CAGR of 7.80% from 2013 to 2019. The title of the report is “Sleep Apnea Diagnostic and Therapeutic Devices Market – Global Industry Analysis, Size, Share, Growth, Trends and Forecast, 2013 – 2019”.

Browse the full Sleep Apnea Diagnostic and Therapeutic Devices Market (Actigraphy, Polysomnography (PSG) systems, Positive Airway Pressure (PAP) Devices, Oral Appliances and Others) – Global Industry Analysis, Size, Share, Growth, Trends and Forecast, 2013 – 2019

As per the report, the prime factors stimulating the market for sleep apnea diagnostic and therapeutic devices are the ongoing product advancements, the rising awareness on sleep apnea amongst people, and the continuous product modifications carried on by prime players. These prime players have also taken various steps to manufacture cutting-edge sleep apnea devices offering comfort, compactness, and ease of use. In addition, the swift growth of the medical industry is also raising the growth prospects of the sleep apnea diagnostic and therapeutic devices market. On the other hand, factors such as the soaring cost of diagnostic procedures and high discomfort levels are amongst the prime factors that may restrain the growth of the market in the coming years.

On the basis of diagnostic device, the market is segmented into polysomnography (PSG) devices, actigraphy systems, single-channel screening devices (pulse oximeters), and respiratory polygraphs. Amongst these, the segment of actigraphy devices is expected to expand at the highest CAGR – more than 7% – and will be trailed by respiratory polygraphs in the forecast horizon. The reason for the dominance of this segment is the small and compact size of these devices and their ability to support home testing with precision. Furthermore, the swift technological advances and rising preference for compact and portable devices will further augment the development of this segment.

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In terms of therapeutic device, the market is segmented into adaptive servo-ventilation, airway clearance systems, positive airway pressure (PAP) devices, oxygen devices, oral appliances, and others. Amongst these, the segments of oral appliances and positive airway pressure (PAP) will register the highest growth rates in the forecast horizon. This is owing to customized devices being made as per patient compliance and symptoms within these two segments.

On the basis of geography, the sleep apnea diagnostic and therapeutic devices market is segmented into Europe, Asia Pacific, North America, and Rest of the World (RoW). Amongst these, Europe and North America led the market and held the biggest share of over 60% in the market. The reason for the dominance of these regions is the presence of adept specialists, rising awareness on sleep apnea and cutting-edge sophisticated sleep laboratories in the region. Moreover, favorable reimbursements and the high rates of obesity will further augment the adoption of sleep apnea devices. On the other hand, regions such as Asia Pacific and RoW are predicted to register limited growth rates owing to the dearth of sophisticated healthcare infrastructure and absence of awareness amongst people.

As per the report, the key players dominant in the market are ResMed, Inc., CareFusion Corporation, Philips Healthcare (Respironics), GE Healthcare, and Fisher & Paykel Healthcare, among others.

The global sleep apnea devices market is segmented into the following categories:

  • Sleep Apnea Diagnostic and Therapeutic Devices Market, by Diagnostic Devices
    • Actigraphy Systems
    • Polysomnography (PSG) Device
    • Respiratory polygraph
    • Single-Channel Screening Devices (pulse Oximeters)
  • Sleep Apnea Diagnostic and Therapeutic Devices Market, by Therapeutic Devices
    • Airway Clearance Systems
    • Adaptive Servo-Ventilation (ASV)
    • Positive Airway Pressure (PAP) Device
    • Oral Appliances
    • Oxygen Devices
    • Others
  • Sleep Apnea Diagnostic and Therapeutic Devices Market, by Geography
    • North America
    • Europe
    • Asia-Pacific
    • Rest of the World (RoW)

Mechanical Ventilators Market Segmentation Along With Regional Outlook, Factors Contributing To Growth And Forecast 2018 – 2026

  1. Transparency Market Research (TMR) has published a new report titled ‘Mechanical Ventilators Market – Global Industry Analysis, Size, Share, Growth, Trends, and Forecast, 2018–2026.’ According to the report, the global mechanical ventilators market was valued at US$ 1,621.5 Mn in 2017. It is projected to expand at a CAGR of 6.9% from 2018 to 2026. Aging population and longer life-expectancy, increased awareness, and acceptance of advanced devices are some factors that are likely to drive the mechanical ventilators market from 2018 to 2026.
  2. Mechanical ventilation refers to artificial breathing devices that are utilized by patients who are unable to breathe naturally due to acute medical conditions. Technological innovations in the last few decades have revolutionized the mechanical ventilators market, in terms of usage settings of these devices. Development in the technology and design of ventilators has expanded the use of mechanical ventilators not only in hospitals, but also in transport and home care settings.
  3. The report offers detailed segmentation of the global mechanical ventilators market based on product type, interface, end-user, and region. In terms of interface, the noninvasive segment accounted for a dominant share of the market in 2017. Added portability in traditional invasive ventilators has paved the way for the introduction of non-invasive mechanical ventilators, and thereby, has fuelled the market. The introduction of new portable and non-invasive ventilators has revolutionized the mechanical ventilators market. Reduction in infection risk, patient’s ability to speak and swallow, and lesser need for sedation are key factors that drive the non-invasive ventilators segment of the market.

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  1. Critical care ventilators segment to account for major share
  2. The critical care ventilators segment is expected to account for a leading share of the market by the end of 2026. Rapid rise in the geriatric population, increase in incidence of chronic obstructive pulmonary disease and other respiratory emergencies, and technological innovation in respiratory care devices are major factors that are expected to drive the segment during the forecast period.
  3. Market in Asia Pacific to expand at a significant pace
  4. North America held a major share of the global market, in terms of revenue. It is expected to maintain its position during the forecast period. North America is home to several key market players, such as Bunnell Inc., ResMed Inc., Smiths Medical, and Medtronic plc, who have their headquarters in the U.S., where they generate significant sales. Hence, North America is a leading market for mechanical ventilators. High awareness about latest health care technologies and higher purchasing power is anticipated to boost the mechanical ventilators market in North America. The mechanical ventilators market in Asia Pacific is expected to expand at a rapid pace, primarily due to improving health care infrastructure, rising disposable income, and technological advancements in countries such as China and India. Furthermore, rise in the need for state-of-the-art ventilation equipment in emerging markets and rising incidence of premature births have boosted the demand for mechanical ventilators in Asia Pacific.
  5. Key players such as ResMed Inc., Dragerwerk AG & Co. KGaA, and VYAIRE to lead the market
  6. The report also provides profiles of other major players operating in the global mechanical ventilators market. Other major players include Teleflex Incorporated, GE Healthcare, Medtronic plc, Koninklijke Philips N.V., Smiths Medical, Bunnell Inc., and Getinge AB.

Hydrolyzed Collagen Market Highly Favorable To The Growth Rate By 2019 To 2029

The latest market estimate report published by Transparency Market Research on the global hydrolyzed collagen market includes a global industry analysis and opportunity assessment of the hydrolyzed collagen market for forecast period of 2019-2029. Revenue generated from the global hydrolyzed collagen market has been estimated to be valued at ~US$ 870 Mn in 2019, which is projected to increase at a CAGR of ~8% during the forecast period. The global hydrolyzed collagen market is projected to reach ~ US$ 1.8 Bn by 2029.

hydrolyzed collagen market infographic

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Rising Social Awareness of Personal Well-being to Boost Demand for Nutraceuticals

Nowadays, individuals are becoming more aware of healthy lifestyles and nutritious food, which has increased the demand for dietary supplements. In case of personal well-being, consumers are preferring protein-oriented and nutritious food that help prevent age-related diseases such as high blood pressure, diabetes, cholesterol, etc., and improve health conditions. The number of health-conscious consumers is increasing, and they are focusing on exercising and weight management. The consumption of nutraceuticals is increasing among elderly individuals, sportsperson, and athletes, as they are a rich source of proteins and vitamins. According to the European Nutraceuticals Association, lack of nutrition accounts for ~39% of the deaths in developing nations such as China, India, and Brazil. To minimize these deficiencies, governments of multiple countries have started an initiative to provide protein-rich food to the poor population, free of cost, as well as nutraceuticals are available at reasonable prices in supermarkets.

Hydrolyzed collagen or collagen hydrolysates are manufactured by the breaking of complex collagen peptides into a desired length of collagen peptide with the help of controlled enzymatic hydrolysis. Such a structure of hydrolyzed collagen has higher bioavailability, and hence, is used in nutraceuticals and dietary supplements that are prescribed for the treatment of arthritis, heart disease, digestive disorders, some skin-related disorders, and many other health indications.

Increasing Use of Hydrolyzed Collagen in Food & Beverage Industry

Various innovative hydrolyzed collagen products have been recently launched in the market, such as collagen coffee, hot chocolate, etc. Confectionery products such as jellies and gummies were launched in the Asia Pacific market. Innovative products such as potato chips, risotto, and ice cream are launched, for which hydrolyzed collagen is a primary ingredient. Even in bakery products, hydrolyzed collagen is used in a large scale. Hydrolyzed collagen is easily digestible, hence, its usage in the food & beverage industry is increasing rapidly. The use of hydrolyzed collagen in unique products is driving market growth.

Rigorous Research & Development Activities in Wound Healing & Regenerative Medicine

The use of hydrolyzed collagen in various medical devices and drugs is growing due to its characteristics such as easy availability, biodegradability, positive effect on wound healing, and high absorption rates. The use of this product in wound healing is rising, owing to the increasing number of people suffering from geriatric and obese problems, worldwide, along with a rise in the prevalence of several chronic diseases such as diabetes. The use of hydrolyzed collagen in wound healing provides a lot of advantages in terms of stimulating tissue growth, and guarantees relief for different types of injuries. Furthermore, it reduces the occurrence of infections at the wounded area and minimizes irritation. The use of hydrolyzed collagen-based wound healing products is gaining utmost importance, and is likely to drive market growth.

Major Players in Hydrolyzed Collagen Market Launching Innovative Products

Prominent players in the hydrolyzed collagen market are engaged in introducing innovations to meet the increasing demand for application-specific products. At the Food Ingredient South America (FISA), Rousselot, a global leader of gelatin and collagen peptides, showcased its new line of hydrolyzed collagen ingredient portfolio. It also introduced Peptan® IIm, a hydrolyzed collagen Type II matrix developed specifically for joint health. At the Vitafoods Europe 2018, Bioiberica presented two food supplements for joint and tendon health, out of which, one ingredient of the formula b-2cool® is hydrolyzed collagen.

Being well-aware of the increasing demand for hydrolyzed collagen in multiple industries, manufacturers in the hydrolyzed collagen market are engaged in introducing innovative products. The hydrolyzed collagen market shows a fragmented landscape with a considerable number of small- and mid-sized players. Further, the lower cost of the product and feasible manufacturing process allow new players to enter the hydrolyzed collagen market.

Growing Concerns Regarding Animal Welfare

The number of individuals who are turning vegan or avoiding eating meat is increasing day by day, owing to the growing awareness of animal welfare. There are multiple NGOs that are working to prevent the exploitation of animals. Millennials are actively working with these NGOs. Also, numerous programs are being organized by these NGOs to promote veganism. Veganism is going mainstream, and this factor is becoming a restraint for the sales of hydrolyzed collagen products.

Global Hydrolyzed Collagen Market Structure 

Hydrolyzed Collagen Market by Source

  • Bovine
  • Porcine
  • Marine
  • Chicken

Hydrolyzed Collagen Market by Form

  • Tablets & Capsules
  • Liquid
  • Powder

Hydrolyzed Collagen Market by Type

  • Type I
  • Type II
  • Type III
  • Other Types

Hydrolyzed Collagen Market by End Use

  • Food & Beverages
    • Jelly & Gummy Products
    • Sausages & Burger Casings
    • Others
  • Nutraceuticals
  • Cosmetics & Personal Care
    • Anti-Wrinkle Creams
    • Face Creams
    • Antiaging Creams
    • Others (Hair & Nail Products)
  • Pharmaceuticals
  • Others

Hydrolyzed Collagen Market by Sales Channel

  • B2B
  • B2C
    • Hypermarkets
    • Supermarkets
    • Drug Stores & Pharmacies
    • Specialty Supplement Stores
  • Online Channel

Hydrolyzed Collagen Market by Region

  • North America
    • U.S.
    • Canada
  • Latin America
    • Brazil
    • Mexico
    • Argentina
    • Rest of Latin America
  • Europe
    • EU-5
    • Nordic Countries
    • BENELUX
    • Russia
    • Poland
    • Rest of Europe
  • Asia Pacific Excluding Japan
    • China
    • India
    • ASEAN
  • Oceania
    • Australia
    • New Zealand
  • Middle East & Africa
    • GCC Countries
    • Northern Africa
    • South Africa
    • Rest of Middle East & Africa
  • Japan

Wound Care Biologics Market Size Estimated To Observe Significant Growth By 2026

Global Wound Care Biologics Market: Overview

Easy availability of literature, internet, advancements in technology, and thrust of healthcare, all of this have opened several fresh avenues for players in the overall healthcare sector. Treatment for several diseases have become simple, effective, and inexpensive. One of the several innovations in the field of healthcare is wound care biologics. They are technically advanced textile materials that help in curing wounds. The global wound care biologics market has witnessed a healthy growth in the last few years and it is predicted to grow at an even better pace in the future.

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The global wound care biologics market is segmented based on products, wound type, and end user. The products segment is further subdivided into biosynthetic products and topical agents, while the wound type sector is subdivided into diabetic foot ulcer, pressure ulcer, and surgical and traumatic wounds. Further, the end user segmented is subdivided into hospitals and burn centers.

Global Wound Care Biologics Market: Drivers and Restraints

There are several factors that will drive growth in the global wound care biologics market. The growing diabetic population is one of the key drivers. Diabetes has become a common affair among all developed and developing nations. The rate of incidence of diabetes is increasing every year, thus paving way for players in the treatment market. One of the gainers is the wound care biologics market.

Many diabetic patients suffer from diabetic ulcer which requires minor surgical procedures and protection. Post-surgery the patient’s wound usually covered using a bandage that contains medicine for healing. Wound care biologics provide such products which helping improving the efficiency of treatment.

Further, the rise in burn injuries are also opening new avenues for players in the global wound care biologics market. Burn injuries are very sensitive and thus require long time for healing. Burn injuries are easily prone to bacterial infection, thus have to be protected. Patients also have to be kept in sterile environments. Wound care biologics are useful as they are able to tend the sensitive skin, prevent infection, and aid treatment efficiency. These aspects of the textile are believed to steer demand in the wound care biologics market.

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Despite the inundated advantages that wound care biologics offer, there are some challenges in the market. Cost is considered as a deterrent for growth. Many players are working on developing low-cost materials with equivalent efficiency. The future for the wound care biologics market looks promising as new innovations are likely to propel demand.

Global Wound Care Biologics Market: Geographical Distribution

The global wound care biologics market is expanding rapidly across the world with prominence in regions such as North America, Europe, and Asia Pacific. North America has been leading the wound care biologics market thus far, and is predicted to maintain the status in the forecast period too. Europe too, holds promise for the future as developed healthcare and impetus on textile industry will steer growth. On the other hand, Asia Pacific is expected to augur growth at a rapid pace due to rising innovation in the technical textiles space.

Global Wound Care Biologics Market: Competitive Dynamics

Some of the prominent players operating in the global wound care biologics market are Health Care AB, MiMedx Group, LifeSciences Corp., Smith & Nephew, and Wright Medical. Companies are focusing on improving the design of their existing products to enhance comfort for patients. They are also adding new features that make the product attractive for use. Further, innovation in developing new materials with better efficiency and new applications are other strategies adopted by key players in the wound care biologics market.

The global wound care biologics market is segmented into:

Products

  • Biosynthetic products
  • Topical agents

Wound type

  • Diabetic foot ulcer
  • Pressure ulcer
  • Surgical and traumatic wounds

End user

  • Hospitals
  • Burn centers

Geography

  • North America
  • Asia Pacific
  • Europe
  • Australia
  • Rest of the World

Baby Care and Mother Care Market Scope, Trends, Forecast 2026

Baby care and mother care products are meant for infants and mostly children under the age of four. These products are specifically formulated to be non-irritating and have mild use ingredients which are selected to make the products organic and natural. A number of key players now manufacture personal care products for mother and child that are designed specifically for use during pregnancy.

The global baby care and mother care market is influenced by many factors such as increase in birthrate, affordability, and changing lifestyle. Growing infant population in emerging countries such as China and India along with the rising focus on e-commerce has led to the development of the baby care and mother care market. Extensive urbanization in different regions has also led to growth in the number of nuclear families with both parents working, driving per capita expenditure on baby care as well as mother care. Among the many baby care products, pacifier and breast pumps (product for babies and mother respectively) play a key role in the market. However, regular usage of pacifiers may lead to infection in babies. Rise in awareness about baby care and mother care products in developing countries and usage of technology in products such as cribs, strollers, and toys are projected to generate opportunities for the baby care and mother care market.

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The global baby care and mother care market can be segmented based on product type, distribution channel, and region. Based on product type, the market can be bifurcated into infant formula, diapers, apparel, toys, maternal products, vitamins & dietary supplements, cribs & strollers, personal care, feeding products, and others such as health & safety products, and childproofing & safety products. Feeding products are further divided into cups, pumps, sterilizers, pacifiers, bottles, and others (formula dispenser, snack container, etc.). Based on distribution channel, the market can be segmented into offline distribution channel and online distribution channel. Online distribution channel comprises company websites and e-commerce websites. Offline distribution channel includes organized channel and unorganized channel. The baby care and mother care market is dominated by offline channels; however, online channels are projected to positively impact the purchasing scenario throughout the forecast years.

In terms of region, the global baby care and mother care market can be segmented into North America, Europe, Asia Pacific, Middle East & Africa, and South America. Country or regional level analysis of North America features the U.S., Canada, and Rest of North America. Analysis and forecast of the baby care and mother care market in Europe includes the U.K., Germany, France, and Rest of Europe. Similarly, the Asia Pacific market includes India, China, Japan, and Rest of Asia Pacific. Middle East & Africa comprises GCC, South Africa, and Rest of Middle East & Africa. The baby care and mother care market in South America can be split into Brazil, Mexico, and Rest of South America. North America and Europe dominate the baby care and mother care market. Both the regions are projected to maintain their dominance throughout the forecast years. However, the baby care and mother care market in Asia Pacific is anticipated to have strong growth as compared to other regions in the near future.

Key companies operating in the global baby care and mother care market include Pigeon Corporation, Munchkin, Inc., Medela AG, Koninklijke Philips N.V. (Avent), Handi-Craft Company, Artsana USA, Inc., Bonny Baby Care Pvt. Limited, Haberman Products, Humana Baby, Johnson & Johnson Private Limited, Kids II, Inc., Kimberly-Clark Corporation, Linco Baby Merchandise Works Co., Ltd., Nurture-Elle Nursing Apparel, Reckitt Benckiser, Regal Babycare Products Manufacturing Co., Ltd., Sinya Industrial Co., Ltd., The Himalaya Drug Company, and The Procter & Gamble Company. Major players are focusing on expansion, collaborations, and acquisitions with new startup companies in order to increase substantial market share.

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Vanity Mirror Market – Competitive Insight, Trends, Forecast 2026

A vanity mirror is a personal grooming mirror which is used while doing makeup, hairstyles etc. Vanity mirrors come in different shapes and sizes. They generally have LED lights all over the mirror to lessen the effect of shadow and help to see the face perfectly.

Mirrors have a great impact on our day-to-day life and they have been used from ancient times. However, vanity mirrors came into existence in the beginning of the 20th century. Vanity mirrors are the mirrors that are used at home, in salons, grooming centers etc. for personal grooming and makeup application. Changing lifestyles of people is affecting the vanity mirror market. Nowadays, consumers are more conscious regarding their personality and style. They groom themselves well in order to enhance their style quotient and overall personality. Men are also increasingly adopting the use of vanity mirrors in their daily grooming to enhance their appearance. One of the major requirement for proper application of makeup is a good quality mirror. Mirrors are used while applying cosmetics, hairstyles, to pluck eyebrows, for shaving etc.

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Vanity mirrors with LED lights are becoming popular as LED lights can illuminate the room to the extent that it seems like daylight which makes the application of makeup more convenient and easy. Vanity mirrors are more compact and they also have certain degree of magnification, which gives them a better view while plucking eyebrows or shaving. These factors are anticipated to fuel the vanity mirror market over the forecast period. Increasing demand from modular houses over the last few years has improved market penetration of vanity mirrors in the residential sector. Rising demand for vanities with some value-added amenities such as built in chip that allows usage of curling iron, and pull-out drawers is anticipated to boost the vanity mirror market during the forecast period. Increasing demand for non-residential applications can be credited to growing number of retail shops, shopping malls, offices, healthcare facilities, restaurants, hotels etc. Rising number of shopping malls and restaurants is also expected to fuel the demand for vanity mirrors, as these mirrors are compact and can fit in lesser space.

However, the high prices of vanity mirrors is hampering the growth of the market. Availability of substitutes and introduction of smart mirrors is another major factor restricting the growth of the vanity mirror market.

The vanity mirror market can be segmented in terms of product type, end-use, sales channel, and geography. Based on product type, the vanity mirror market is categorized into mirror cabinet, surface mounted mirror, and extendable makeup mirror. In terms of end-use, the market is fragmented into household, salons, hospitality, film industry etc.  Based on sales channel, the market is categorized into online and offline. Online channel is expected to rule the market due to availability of a wide variety of products on various e-platforms at discounted prices. The offline segment can be sub divided into specialty stores, hyper markets, supermarkets etc. On the basis of geography, the market is bifurcated into North America, Europe, Asia Pacific, Middle East & Africa, and South America.

Key players in the vanity mirror market are American Standards, Argent Crystal, KEUCO GmbH & Co. KG, Huida Sanitary Ware co. Ltd, Inax, etc. The vanity mirror market is growing due to presence of large number of big and local players. The market is expected to become more competitive in the future, due to launch of new products. Manufacturers are focusing on launch of new types of mirrors in order to sustain in the market and remain competitive.

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Ultrasonic Sensors Market Size, Share, Industry, Forecast, Trends 2023

The demand within the global market for ultrasonic sensors has been rising on account of advancements in the field of ultrasound technologies, finds Transparency Market Research (TMR). The market players functional in the global ultrasonic sensors market have become immensely driven towards expanding their consumer base. This has in turn led the leading vendors in the global ultrasonic sensors market to set up their units across New regional pockets. Hence, there is no contention about the creation of an intensely competitive market landscape in the years to come. The smaller or regional market players in the global market for ultrasonic sensors are also in the league for improving their revenue indices.

The competitive dynamics of the global market for ultrasonic sensors are such that the smaller vendors cannot be a threat for the leading players. This is because the consumer base of the smaller vendors has not matured, and these vendors are struggling to sustain themselves in the market. The regional vendors within the global ultrasonic sensors market are projected to form strategic alliances amongst themselves. This could help these vendors in reaching the echelons attained by the leading vendors in the years to come.

Transparency Market Research (TMR) finds that the global market for ultrasonic sensors would expand at a robust CAGR of 17.10% over the period ranging from 2015 to 2023. Moreover, the total value of the global ultrasonic sensors market is expected to touch USD 1,670.7 million by 2023. On the basis of geography, the market for ultrasonic sensors in Europe is projected to expand at a sturdy pace in the years to come. Based on application, the demand for ultrasound sensors in the oil and gas industry has been the highest.

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Expansive Use of Ultrasonic Sensors to Drive Market Demand

The use of ultrasound for the measurement of wind speeds has emerged as a key end-use for ultrasonic sensors. This factor has emerged as an extrinsic driver of demand within the global market for ultrasonic sensors in recent times. Furthermore, tracking objects and detecting their position of utmost importance in multiple industries. This factor has also played a pivotal role in enhancing the growth prospects of the global market for ultrasonic sensors. Moreover, the use of ultrasonic sensors in the field of medicine has also played a major role in propelling demand within the global market. Medical ultrasonography is a key area within healthcare that has gained traction from multiple vendors. This factor has also created new avenues within the global market for ultrasonic sensors in recent times.

Household Uses of Ultrasonic Sensors to Push Market Growth

The wholesome need for ultrasonic sensors in household equipments and devices has played a major role in the growth of the global market. Furthermore, these sensors are also used for distance measurement, object detection, and anti-collision detection across a wide array of industries. Hence, the global market for ultrasonic sensors is projected to accumulate voluminous revenues in the years to come. Moreover, the need for ultrasound technologies in the chemicals industry has also aided market growth.

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Commercial Aviation Crew Management System Market to reach US$4.39 bn by 2023

According to a new market report published by Transparency Market Research “Commercial Aviation Crew Management System Market – Global Industry Analysis, Size, Share, Growth, Trends and Forecast 2015 – 2023,” global commercial aviation crew management system market was valued at US$2.09 bn in 2014, growing at a CAGR of 8.8% from 2015 to 2023 to account for US$4.39 bn by 2023.

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The market for crew management system in the global commercial aviation industry is primarily being driven by the escalating emphasis in improving the optimization of resources, which leads to improving operational efficiencies. The growth in demand for real time data and adoption of advancing technologies in order to reduce additional cost are the key driving factors for the global commercial aviation crew management system market. Coupled with the rising air traffic and the positive transformation of the global commercial aviation industry, the demand for advanced automated systems among airlines, airports and other buyers is on escalation worldwide. Owing to these factors the market for commercial aviation crew management systems is expected to grow significantly over the forecast period.

The global market for crew management systems has been segmented on the basis of type and geography. Based on the segmentation by type, the global market for commercial aviation crew management system is categorized into software, hardware and services. The software segment is estimated to dominate the global market throughout the forecast period and register a growth rate of 8.9% from 2015 to 2023 globally. Following software, the hardware segment is currently estimated to account for the second largest share in the global commercial aviation crew management systems market. The fastest growing segment is estimated to be the services, which are expected to experience major surge in demand over the forecast period from 2015 to 2023.

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The airlines worldwide are in constant pursuit of expanding their fleet and employee strength to sustain in the competition and improve their market share. The segmentation based on geography includes, North America, Europe, Asia Pacific and Rest of the World (RoW) which comprises of Middle East, Africa and South America. North America is estimated to account for the largest market share in the global commercial aviation crew management system market and is expected to continue its dominance during the forecast period. Factors such as the rising demand for real time data, increasing competition among airlines, airports and IT solution providers in the region and increasing air traffic are considered to be the major drivers of the market for crew management system in the commercial aviation industry of North America. Following North America, the commercial aviation crew management system market in Europe is estimated to be growing at a steady pace over the forecast period. Europe is currently estimated to account for the second largest share in the global commercial aviation crew management system market. The growing demand for real time crew monitoring, escalating emphasis on improving productivity across the airlines fleet and optimization of resources among others are currently driving the market for crew management system in Europe.

The Asia Pacific (APAC) is estimated to be the fastest growing market for commercial aviation crew management system. The growth of the APAC commercial aviation crew management system market is attributed to the rising number of low cost carriers, increasing air passengers and improving infrastructural conditions in aviation sector. Similarly, the Rest of the World (RoW) market for commercial aviation crew management system is currently being influenced by the concerns to upgrade the existing operational processes. Middle East is analyzed to be the largest market in the RoW region followed by Africa and South America. These regions are expected to offer lucrative opportunities for growth of the commercial aviation crew management system and the solution providers over the forecast period.

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The report includes the market revenues of 10 major countries in the global commercial aviation crew management system market. Moreover, the key industry players have been profiled on the basis of company overview, financial overview, business strategies, and key developments in the field of crew management systems. Major market participants profiled in this report include Sabre Corporation, Hexaware Technologies Ltd., AIMS Corporation, IBS Software Services, Hitit Computer Services, Jepessen Sanderson, Inc., Lufthansa Systems, Prolog Development Centre A/S and BlueOne Management S.A./N.V. among others.

Smart Textile Market Size, Share, Growth, Trends, Forecast 2024

The global smart textile market is highly consolidated, as the leading four players in the market held approx. 46% of the overall market in 2014. E.l. DuPont De Nemours and Co. held 20% of shares in the market; still, it faces strong competition from numerous small and medium-size specialty product-manufacturing companies. Some of the leading players in the market are Koninklijke Ten Cate N.V., E.l. DuPont De Nemours and Co., Texas Instruments Inc., and Gentherm Inc.

As per the TMR, the global smart textile market is estimated to attain a valuation of US$7.73 bn by the end of 2023 progressing from US$0.7 bn in 2014. The market is predicted to rise at an outstanding 30.8% CAGR during the forecast period 2015 to 2023.

Based on application, the military and defense sector led the global smart textile market by holding 28% of shares in terms of revenue in 2014. During the forecast period, military and defense sector is expected to rise at a healthy 28% CAGR and is expected to maintain its dominance in the global market. On the basis of geography, North America led the smart textile market in 2014 by holding 40% of the share in the global market. In terms of revenue, North America will lead the market, especially in the sports and fitness sector by expanding at 32% of CAGR. Europe held the second position in the global smart textile market by holding 30% of the shares in 2014.

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Rising Use of Wearable Technology to Boost Demand for Smart Textile

The growing preference for wearable technology such as sensors and other types of electronic devices are the key factors responsible for the growing demand for smart textiles. The rising use of wearable technology that is widely used in heart rate sensors and in various other sensors to check fitness will also act as a game changer for the smart textile market. Significant use of these technologies is expected to change the way personal health is monitored.

In addition, integration of wearable technology at a large scale and rapid advancements in the textile manufacturing are projected to revolutionize the global smart textile market in the near future. Some of the other factor factors contributing to the growth of this market are the increasing standard of living, rising disposable income, and growing spending in the medical technology and healthcare. Miniaturizing of electronic components, availability of sophisticated gadgets, and low cost of smart wireless sensors have grown the demand for smart textiles extensively and will augment the growth of the market in coming years.

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High Cost of Smart Textile to Restrain Market Growth

Conversely, there are certain restraining factors that may hamper the market growth. The high cost and lack of appropriate standards and regulations to monitor may impede the flourishing smart textile market. The high cost affiliated with the smart textile will also restrict the wearable devices only to the high-end customers that may limit the growth of the market. However, these restraints are not expected to have a long-term impact due to the growing popularity of the smart wearable technologies, thus bringing high growth opportunities in the global smart textile market. In addition to that, increasing research and development activities and rising contribution by the key players and manufacturers will eventually address these issues.