Disposable Gloves Market, Global Industry Analysis, Size, Share, Growth and Demand Forecast to 2020

The global disposable gloves market is growing significantly due to increasing awareness about hand hygiene and patient safety among healthcare providers and patients, and high incidences of communicable diseases. Several government and non-governmental organizations are actively promoting and funding campaigns aimed at encouraging the use of disposable gloves in medical practices; hence, propelling the growth of global disposable gloves market. High replacement rate of disposable gloves is creating ample opportunities for the global disposable gloves market to grow at a significant rate in the forecasted period. Disposable gloves are used to prevent contaminations and have applications in medical examination, surgery, food processing, and clean room practices.

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The trend noticed in the global disposable gloves industry is increasing usage and development of powdered disposable gloves. High incidence of infectious diseases is a major concern across the globe. According to the World Health Organization (WHO), globally nine million people were infected with tuberculosis (TB) and 1.5 million died due to the disease in 2013. The organization also reported that in 2013, 145,700 people died due to measles (a viral infection). Disposable gloves protect caregivers and patients from serious infections. Various international healthcare organizations and agencies, such as WHO and Centers for Disease Control and Prevention have, been actively involved in promoting and monitoring patient safety programs aimed at providing guidelines for hand hygiene. This in turn fuels the growth of global disposable gloves market.
Disposable gloves market can be categorized on the basis of products and applications. Based on products, the disposable gloves market can be categorized as natural rubber or latex gloves, neoprene gloves, vinyl gloves, nitrile gloves, and others. On the basis of applications, disposable gloves market can be segmented as medical and non-medical applications. The medical applications segment includes examination, surgery, and others. The non-medical applications segment includes food sector, cleanroom sector, and others.
Some of the factors driving the growth of the global disposable gloves market are increasing awareness about hand hygiene and patient safety among healthcare providers and patients, increasing incidences of infectious diseases, high healthcare expenditure, and increasing patient compliance for surgical treatment. However, low healthcare access in the remote areas of developing countries is the factor restraining the growth of the global disposable gloves market to some extent.

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Geographically, North America will be leading the global disposable gloves market in the coming years due to high awareness regarding hand hygiene among patient and healthcare providers, high healthcare expenditure, high prevalence of infectious diseases, and high patient compliance for surgical treatment. In addition, the CDC’s strong recommendation for the usage of disposable gloves in medical procedures will further fuel the growth of disposable gloves market in North America. Asia-Pacific is the fastest growing region in the global disposable gloves market and the major reasons driving the growth are improving healthcare infrastructure, high prevalence of communicable-diseases, and increasing healthcare expenditure.

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Moreover, the disposable gloves market is growing rapidly due the increased government funding and increasing awareness about hand hygiene and patient safety among patients and care givers in emerging economies, such as India and China.
Some of the major players operating in the global disposable gloves market are Ansell Healthcare, Adventa Berhad, Cardinal Health Inc., Dynarex Corporation, Kossan Rubber Industries Bhd., Kimberley-Clark Corporation, Medisafe Technologies, Medline Industries Inc., Paul Hartmann AG, Top Glove Corporation Berhad, and Supermax Corporation Berhad.plc, Medline Industries Inc., and ConvaTec Inc among others.

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Wound Dressings Market, Global Industry Analyis, Size, Share, Growth and Demand Forecast to 2020

The global wound dressings market is growing significantly due to high incidences of surgical wounds, advances in wound dressing methods, and improving healthcare infrastructure. In addition, increasing awareness about wound management among care givers and patients, and increasing prevalence of wound infection are propelling the growth of global wound dressings market. The massive unexplored advanced wound dressing market in emerging economies is creating ample opportunities for the global wound dressings market to grow at a considerable rate in the coming years. The advanced research and development facilities and new product developments by the companies are addressing the demand for cost effective advanced wound dressings.

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Significant shift from traditional to advanced wound dressing methods, such as foams and hydrocolloids-based dressings, is a trend in the global wound dressings market. Hydrocolloids-based dressings are recommended in case of wounds, which are susceptible to infection. The age of a patient is a crucial factor in wound management, as wound healing process is very slow in elder people; hence, aging population also supports the growth of the global wound dressings market. According to the WHO, the proportion of aged people above 60 years will double from 2000 to 2050 i.e. 11% in 2000 to 22% in 2050 and the number of people aged above 60 years will increase from 605 million to 2 billion over the same period.
The wound dressings market is segmented on the basis of products as traditional dressings and advanced dressings. The traditional dressings market leads the global wound dressings market due to its low cost. However, advanced dressings segment is expected to grow at higher rate due to increasing caregiver and patient adherence. The traditional dressings segment includes basic wound care products, wound-closure products, anti-infective dressings, and others. The advanced dressings segment includes foams, hydrocolloids, films, hydrogels, alginates, collagen and others.
Some of the factors driving the growth of wound dressings market are increasing aging population, increasing incidences of wound infection, advances in wound dressing techniques, and increasing prevalence of surgical wounds. In addition, increasing healthcare expenditure, and rising awareness among patients are also expected to drive global wound dressings market. However, low healthcare access in the remote areas of developing countries and high cost of advanced wound dressings are some of the factors restraining the growth of the wound dressings market to some extent.

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Geographically, North America will be leading the global wound dressings market in the coming years due to high incidences of surgical wounds, high healthcare expenditure, increasing aging population, and wide acceptance of advanced wound dressing products. Asia-Pacific is the fastest growing region in the global wound dressings market. The major reasons for the fastest growth in the region are increasing wound infection incidences, increasing healthcare expenditure and increasing patient compliance for surgical procedures. Moreover, the wound dressings market is growing due the aging population, improving healthcare infrastructure, and increasing government funding in emerging economies, such as India and China, of Asia-Pacific region.
The major players operating in the global wound dressings market are Systagenix Wound Management Ltd., Paul Hartmann AG, B. Braun Melsungen AG, 3M Health Care, Coloplast A/S, Kinetic Concepts Inc., Derma Sciences Inc., Molnlycke Health Care, Smith & Nephew plc, Medline Industries Inc., and ConvaTec Inc among others.

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Acetic Acid Market, Global Industry Analysis, Size, Share, Growth and Demand Forecast to 2020

The global acetic acid market, besides its different subordinates, has experienced a huge development in the recent years, while this development is expected to continue in the upcoming years, due to the increasing interest for assembling vinyl acetic acid derivation monomer (VAM) and purged terephthalic acid (PTA). Furthermore, its utilization as a concoction reagent for assembling monochloroacetic corrosive, camphor, diketene, and photographic chemicals is additionally anticipated to be a basic component for interest advancement. These intermediates are further utilized for delivering polyester, oils, coatings, glues, and sealants that are used for various end-use businesses including bundling, materials, development, car and gadgets.

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Acetic acid fits in the group of carboxylic acids, and is a dry fluid having particular sharp smell and harsh taste. Acetic acid is totally miscible in water and is used in numerous other polar and non-polar solvents. Acetic acid finds its application as a standout, amongst the most imperative substance reagent in the compound market. It is basically utilized as a part of the creation of cellulose acetic acid derivation, polyvinyl acetic acid derivation, and assembling of manufactured filaments and fabrics.
Acetic acid is a key building square to produce different chemicals, such VAM, sanitized terephthalic corrosive PTA, ester solvents(ethyl acetic acid derivation & butyl acetic acid derivation), and acidic anhydride that are further utilized by an extensive variety of end-client commercial enterprises, for example engineered strands, materials, inks, and pesticides. In most of the regions, increasing demand of polyvinyl acetic acid derivations and vinyl alcohols are quickening the demand for the acetic acid market. The interest from the PTA assembling fragment is evaluated to develop at a high pace, next just to ester solvents, which is the most grounded development segment of the acetic acid market. The growing material and packaging industry is the key driver behind solid development of PTA; while maturing coatings utilization is pushing the interest of ester solvents at a remarkable pace.

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In the course of recent years, there has been a rising interest for polyvinyl liquor, polyvinyl acetic acid derivation and ethyl vinyl acetic acid derivation, which is utilized for assembling glues and water-based paints. This has brought about driving VAM request from end-use commercial enterprises including furniture, vehicles and construction.

The Asia-Pacific region is the most encouraging compound market and is required to be the same sooner rather than later. A couple of the explanations behind the high development in this area are developing populace, boundless economies–developed and also creating, and ideal venture approaches and government activities to advance the modern development. Among every one of the nations, China dominates the acetic acid market. The nation devoured most extreme volume of this product in 2014. China was the biggest maker of acetic acid holding a creation offer of more than 40% as far as volume in 2014.

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The Asia-Pacific acetic acid market is likely to witness above normal development, which is attributed to the rise of assembling center points in business sectors, other than India and Japan, such as, Vietnam, Cambodia, Thailand, Laos, and Indonesia will be future markets for the acetic acid. North America and Europe are relied upon to witness beneath normal development for the compound inferable, from the high pattern among makers to move their generation bases to minimal effort economies of Asia-Pacific. The development in Europe would be bolstered just by expanding interest from the rising economy of Russia and other Eastern European nations, where quick industrialization is taking place. Latin America and MEA are normal development market with various nations in the locale principally exporting out the compound.

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Electronic Health Record Systems (EHR) Market, Global Industry Analysis, Size, Share, Growth and Demand Forecast to 2020

The global electronic medical record (EMR) systems market was worth $12,971.0 million in 2014, and it is expected to grow at a CAGR of 9.2% during 2015-2020. Among the applications, the hospital EMR systems accounted for the highest share in global EMR systems market in 2014, whereas, laboratory EMR system is expected to grow at the fastest rate during the forecast period. The EMR systems market is experiencing significant growth rate due to several favorable macro-economic factors, such as people’s growing fascination towards new healthcare technologies and increasing disposable incomes. Older people have less regenerative abilities and are more prone to diseases, syndromes and sickness, requiring better healthcare facilities. Increase in aged population worldwide is resulting in growth of global EMR systems market. This is due to the role played by EMR systems in delivering the efficient healthcare facilities.

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Various healthcare reforms have been passed worldwide to reduce the cost and improve the quality of healthcare services. Governments of various countries are taking initiatives to encourage the use of EMR systems, as these systems help to reduce healthcare costs and maintain quality of healthcare services. EMR systems market in developing economies, such as Asia-Pacific, Africa, and Latin America, have been growing at a significant pace due to rising awareness for EMRs among population, and rising adoption rate for EMRs.
Cloud-based technology is comparatively new in the EMR systems; and is gaining popularity due to advanced features offered with it that helps in improving healthcare facilities. The cloud-based EMR systems market grew at an average annual growth rate of 10.9% during 2011-2014; whereas, the web-based EMR systems dominated the global market in 2014 with largest market size in the global EMR systems. Increasing demand for powerful IT systems in diagnostic and medical laboratories is expected to provide significant opportunities for the growth of global EMR systems market.

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The need for better healthcare facilities through improved and effective quality of treatments and lower costs is driving the demand for integrated healthcare systems. Integrated healthcare systems compiles services related to diagnosis, treatment, care and rehabilitation; and maintain all this in the form of EMRs. The increasing investments from healthcare IT players are also escalating the demand of EMR systems globally. In addition, number of hospitals is also increasing worldwide, which would require electronic medical record systems for cost-effective and efficient healthcare services. The hospital EMR systems have been contributing maximum to the global revenues of EMR systems during the period of analysis.

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The restraints associated with EMR systems market include high maintenance and service expenses for EMR systems. Purchase, installation and maintenance of information systems, which help in producing EMRs, are expensive processes; and require timely service. This elevates the cost of healthcare services provided. In addition, lack of skilled professionals for efficient handling of the EMR systems also restrains the market. Some of the other major restraining factors faced by the global EMR systems include interoperability issues and privacy and security issues.
The key companies operating in the global EMR systems market include eClinicalWorks, GE Healthcare, McKesson Corporation, CERNER CORPORATION, Allscripts, athenahealth, Inc, Epic Systems Corporation, Quest Diagnostics Incorporated, MEDITECH, NextGen Healthcare Information Systems, LLC, Siemens AG, and Carestream Health.

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Next-Generation Antibody Therapeutics Market, Global Industry Analysis Size, Share, Growth and Demand Forecast to 2020

The global next-generation antibody therapeutics market was worth $1,490.0 million in 2014, and it is expected to grow at a CAGR of 20.9% during 2015-2020. Oncology based next-generation antibody therapeutics dominated the global market in 2014. Whereas, on the basis of technology, the antibody-drug conjugates (ADCs) accounted for the highest share in the global next-generation antibody therapeutics market in the same year. The next-generation antibody therapeutics market is escalating with high growth rate due to several favorable macro-economic factors, including increased R&D activities. In addition, increasing incidence of chronic diseases is also driving the next-generation antibody therapeutics market at a significant rate. Next-generation antibody therapeutics is more advantageous as compared to traditional antibodies. Moreover, treatment using next-generation antibody therapeutics has lesser side effects as compared to other treatment options; as a result, the market for next-generation antibody therapeutics is expected to boost in near future.

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Advancements in antibody technology have helped in the development of next-generation antibody therapeutics, such as ADCs and BsAbs, with improved features. Technological advancements in antibody therapeutics have been imparting positive impact on next-generation antibody therapeutics market, as people are increasingly adopting next-generation antibody therapeutics for getting efficient treatment. Next-generation antibody therapeutics market in developing economies, such as Asia-Pacific, Africa, and Latin America, have been growing at a significant pace due to rising economic active population, which is increasing people’s buying power; and increasing awareness for getting effective treatment.
Government initiatives to provide complete healthcare with improved healthcare facilities are increasing the demand for advanced treatment options. Increasing healthcare expenditure makes next-generation antibody therapeutics reasonably priced, and hence, raising its adoption rate. Rising global gross domestic product (GDP) and increasing healthcare expenditure in various countries have a positive impact on growth of the next-generation antibody therapeutics market.

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As a result of high potential of ADC technology, healthcare providers are specifically using ADC technology for the development of next-generation antibody therapeutics for the treatment of cancer. ADCs help in providing targeted therapy with minimum side effects in patients with cancer. The ADCs market, which increased at a CAGR of approximately 87.2% during 2011-2014, also boosted the market for next-generation antibody therapeutics during the period.

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The restraints associated with next-generation antibody therapeutics market include high cost of next-generation antibody therapeutics and strict regulatory requirements and long approval time for new drug. Drug development is a complex process and involves various risk factors. Drug approval requires passing through a regulation process that is rigorous and time-consuming. Hence, strict regulatory requirements and extended approval time for new drugs have a negative impact on the growth of the next-generation antibody therapeutics market. In addition, high cost of next-generation therapeutics decreases its popularity among healthcare providers and patients, thus limiting its use. Healthcare organizations and researchers are focusing on a cost-effective manufacturing process to produce next-generation antibody therapeutics.
The key companies operating in the global next-generation antibody therapeutics market include Kyowa Hakko Kirin Co., Ltd., Dyax Corp., AstraZeneca plc, F.Hoffmann-La Roche Ltd, Bayer AG, Pfizer, Inc., Seattle Genetics, Inc., Bristol-Myers Squibb Company, Takeda Pharmaceuticals Company Limited, and Biogen.

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Omega 3 (EPA/DHA) Ingredients Market : Global Industry Analysis Size, Share, Growth and Demand Forecast to 2020

North America is leading the global omega 3 (EPA/DHA) ingredients market, due to the growing disposable income, increasing health awareness and upsurge in consumer expenditure on healthy food products. The Latin America and Middle East omega 3 ingredients market is also growing at a considerable rate, due to increasing awareness of healthy lifestyle in the regions.
The global omega 3 ingredients market is growing at a significant rate, due to increasing consumer health concerns, augmented application scope for omega 3 fatty acids, and scientific evidences supporting health benefits, with the use of omega 3 ingredients. Technological advancements, such as better encapsulation has provided ample opportunities to the growth of the global omega 3 ingredients market, in the coming years. The increasing fish oil market has unlocked enormous opportunities for the expansion of substitute sources, such as algae and flax seeds for extracting omega 3 ingredients.

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On the basis of type, the omega 3 ingredients market can be categorized, as eicosapentaenoic acid (EPA), docosahexaenoic acid (DHA), and aplha-linolenic acid (ALA). The omega 3 ingredients market can also be categorized, on the basis of applications as pharmaceuticals, pet and animal feed, supplements and functional foods, and infant formulas. Supplements and functional foods market dominates the omega 3 ingredients market, among the applications categories, also it is expected to continue leading the market, in the coming years. The supplements and functional foods application leads, due to growing information about the advantages of consuming supplements, and functional foods enriched with omega 3 fatty acids, among the consumers.

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Omega 3 fatty acids such as eicosapentaenoic acid and docosahexaenoic acid are generally extracted from squid, fish oil, algae and krill. Due to high content of eicosapentaenoic acid and docosahexaenoic in fish oil, it is mostly used as profitable source of omega 3 fatty acids. Several diseases, such as colon cancer, heart diseases, arthritis, breast cancer, and prostate cancer can be prevented with the consumption of omega 3 fatty acids. Inflammation can be reduced by consuming diet enriched with omega 3 fatty acids, on daily basis.
Companies, such as Similac, and Nestle S.A. have a substantial collection of omega 3 enriched infant formulations, and the companies have been gradually growing product lines, for the segment in previous years. The minimum consumption of EPA and DHA about 500 milligram per day, has been recommended by the American Dietetic Association. The claim of omega 3 about reducing the levels of triglyceride in the body, and decreasing the chances of congenital hip dislocation has been approved by the Food and Drug Administration.

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Less awareness about the types of fats and their benefits among the consumers is restraining the growth of the omega 3 ingredients market. As the omega 3 ingredients primarily develop from fish oil, consumer opinion about smell and taste of omega 3 ingredients are hindering the growth of the omega 3 ingredients market. However, the technological advancements, such as enhanced encapsulation of omega 3 ingredients are overcoming the hindrances, in the omega 3 ingredients market. The absence of recommended dietary intake standard is posing a serious threat to the growth of the omega 3 ingredients market.
Some of the competitors in the omega 3 ingredients market are NU-MEGA Ingredients Pty Ltd., FMC Corporation, Koninklijke DSM N.V., Omega Protein Corporation, Croda, Inc., BASF SE, Arista Industries, Inc., Pronova BioPharma ASA, and Copeinca ASA.

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Mineral Supplements Market : Global Industry Analysis,Size, Share,Growth and Demand Forecast to 2020

The global mineral supplements market was valued at $9.9 million in 2014 and it is expected to grow at a CAGR of 7.5% during the period 2015 - 2020. The global mineral supplements market is increasing due to growing geriatric population, increasing demand from pregnant women, and rising urban population. With the increasing population of baby boomers, spending on mineral supplements is anticipated to increase. Due to weak digestive system at older age, it is difficult for human body to absorb all the required nutrients from food. Among geriatric population, loss of appetite and weakening of bones are considered to be the most common problem.

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In order to get sufficient amount of nutrients, the dependency of the geriatric population towards mineral supplements product is increasing. At the same time, the population of senior citizen (aged 65 years and above) in Asia-Pacific was around 288.0 million in 2010, which is expected to reach 911.0 million by 2050. The positive impact of rising global baby boomers population is anticipated to remain medium in the next few years as with improving health standards, the life expectancy is expected to increase. The impact of rising urban population is anticipated to increase in the long run. With hectic lifestyle, the working hours are expected to increase, especially in low-cost countries, thus increasing growth opportunities for the mineral supplements market. Increasing demand for mineral supplements in pregnant women is anticipated to provide further growth opportunities for mineral supplements market.

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However, certain restraint such as lack of proper regulatory bodies is hindering the market growth. Mineral supplements products are regulated differently from drug. The responsibility for ensuring the validity of mineral supplement products claims remains solely with manufacturers and no regulatory body intervenes for quality control of any sort.
By end-user, the adult women segment hold the largest share, with $3.7 million value, of the total market in 2014; and it is expected to reach $5.7 million in 2020, at a CAGR of 7.6% for the period 2015-2020. By geography, the Asia-Pacific mineral supplements market is expected to witness the fastest growth (9.4% CAGR) globally during 2015 – 2020. Based on application, the pharmaceutical industry holds the largest share of the global mineral supplements market in 2014.

The rising urban population paired with rising number of health conscious people, especially in the developing Asian countries such as India and China, are more willing to shift towards intake of supplement products including mineral supplements to compensate their nutritional requirement. This is mainly due to the hectic lifestyle associated with urban population. This is expected to boost the global mineral supplements market.
The mineral supplements market is a highly competitive market with numerous global, regional, and local players. The key companies operating in the global mineral supplements market include Nu Skin Enterprises, Inc., Glanbia Plc., NBTY, Inc., Koninklijke DSM N.V., BASF SE, E. I. du Pont de Nemours and Company, Atrium Innovations, Inc., Bayer AG, Amway, and Herbalife, Ltd.

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