Healthcare IT Integration Market by Product & Services, Application and Forecast Report 2024

The global healthcare IT integration market size is estimated to witness a considerable growth during the forecast period. The major factors that will accelerate the growth of the healthcare IT integration market are high healthcare costs, government initiatives to curb this rising cost and the growing demand to incorporate IT in the healthcare domain. However, the cost of incorporation is expensive and needs to monitored for the growth in the global market.

The healthcare IT integration market has been categorized on the basis of product and services, and application. The products in healthcare IT integration market include interface/integration engines, media integration solutions, medical device integration software, and other integration tools. Based on the services provided, the market is segmented into implementation services, support and maintenance services, and training services. In the services segment, support and maintenance services hold the largest healthcare IT Integration market share and is expected to hold its position during the forecast period 2013-2023.

To Learn More About this Report at: http://bit.ly/2t2bhrP

The introduction of the electronic health record (EHR) market in hospitals, clinics and other organizations, to enable patient engagement, and increase the productivity conversely decreasing the healthcare cost, provides ample growth opportunities for the healthcare integration market. Further, Asia Pacific is an emerging healthcare market that holds a huge potential to offer IT solutions to curb healthcare complexities, this encourages investors and market players to consider expansion in the region.

Asia-Pacific is expected to be the fastest growing healthcare IT integration market in the forecast period. The rise in awareness with respect to various health conditions and the consequent increase in expenditure for a better healthcare infrastructure, thereby providing quality healthcare facilities at lower cost are some of the drivers for the region’s fastest growth. Further, the regulatory bodies in this region are rather less stringent as compared to the rest of the world which will further boost the growth of the healthcare IT integration market.

Some of the key players in the global healthcare IT integration market are Quality Systems Inc., Allscripts Healthcare Solutions, Inc., Orion Health, Oracle Corporation, Qualcomm Life, Inc., IBM Corporation, Corepoint Health LLC, GE Healthcare, Siemens Health, Epic Systems Corporation, Summit Healthcare Services, Inc.

Read More

India Electric Car Demand - The Boom in India EV Industry

The air pollution level in India is increasing rapidly: the country is among the bottom five countries in the environmental health category, ranked 178 out of 180 when air quality is taken into consideration, on the Environmental Pollution Index 2018. In 2017, the carbon dioxide emissions in India rose by 4.6%. The ultra-fine particulate matter emitted by vehicles are among the major factors responsible for this degrading quality of air. Hence, in order to decrease the air pollution, the Indian government is focusing on shifting from traditional fuel-based vehicles to electric vehicles. Moreover, the norms that are being implemented by the government are projected to result in the increased adoption of these vehicles.

As per a study conducted by P&S Intelligence, the Indian electric car market generated a revenue of $71.1 million in 2017 and is expected to reach a value of $707.4 million in 2025, advancing at a 34.5% CAGR during the forecast period (2018–2025). The three types of electric vehicles are plug-in hybrid vehicles (PHEV), battery electric vehicles (BEV), and hybrid electric vehicles (HEV). Among these, the largest demand in 2017 was created for BEVs and the situation is going to be the same in the coming years as well. The reason for this is the higher subsidies provided by the government on the purchase of these vehicles as compared to PHEVs and HEVs.

Government schemes and subsidies are significantly contributing to the growth of the Indian electric car market. Various policies related to electric vehicles have been announced by the public authorities of India in the past few years. Take for instance, the FAME scheme, which was introduced in 2015 for encouraging the adoption of clean fuel technology cars. Another target of this scheme was to reduce the upfront purchase value of electric and hybrid vehicles. Furthermore, NITI Aayog launched a scheme for building electric vehicle charging infrastructure in Gurgaon-Indira Gandhi International Airport-South Delhi-Noida corridor in 2017.  

Find Out More!

The primary end users of electric cars in India include government organizations, personal users, and shared mobility providers. Private and corporate car fleet owners are some other end users of electric cars. Among these, the largest demand for electric cars in predicted to be created by personal users during the forecast period because of the growing disposable income of the users and rising affordability of electric cars. The two types of lithium-ion batteries that are utilized majorly in electric cars are lithium iron phosphate (LFP) battery and lithium nickel manganese cobalt oxide (Li-NMC) battery.

With the increasing adoption of electric vehicles, manufacturers are focusing on overcoming the problem of range associated with these vehicles. While technological advancements have dealt with this problem to some extent, the range anxiety during inter-city travel still exists among people, which is why the original equipment manufacturers need to offer electric cars with enhanced range. In India, currently two companies are the leading manufacturers of electric cars; TATA Motors Limited and Mahindra & Mahindra Ltd., both of which are engaged in launching electric cars which are more efficient.  

Read More

Microfiltration Membranes Market to Grow with Increasing Product Adoption in Food and Beverages, and Industrial Wastewater Treatment

Food and beverages is another industry driving the microfiltration membrane market growth across the globe. As health issues from contaminated food and drinks have become a major cause for concern, manufacturers are increasingly employing microfiltration to treat their products before selling them. The technology has found a significant role in beer brew, as it helps in the removal of spoilage organisms and contaminants from the brew. Traditionally, the process utilized separation and filtration, which required the disposal of effluents, thus affecting the taste. Microfiltration has helped the brewers combat this problem, with no impact on the taste. 

Microfiltration is a process in which an impure fluid is run through a fine membrane to remove microorganisms and other contaminants. There are several materials used for manufacturing the membrane, such as polyethersulfone (PES), polypropylene (PP), polyvinylidene fluoride (PVDF), and polytetrafluoroethylene (PTFE). Among these, PVDF membranes generated the highest revenue during 2013–2017, as the material is effective in separating high-molecular-weight proteins from fluids. 

Get the Sample Copy of this Report @ https://www.psmarketresearch.com/market-analysis/membrane-microfiltration-market/report-sample

The need for a more efficient contaminated fluid purification process in the foods and beverages, pharmaceutical, and industrial wastewater treatment industries is taking the microfiltration membrane market forward. During 2018–2023, the market is expected to advance at a CAGR of 9%, reaching $4,039.3 million. Geographically, Asia-Pacific (APAC) will be the market leader during the forecast period; however, the Middle East and Africa (MEA) will witness the highest CAGR in the market. Of all the industries using this technology, industrial wastewater treatment generated the highest revenue in the said period. 

Chemical resistance and high thermal stability are the main factors behind the increasing use of these membranes for water treatment. Other advantages associated with microfiltration membranes are their spinning stability, ease in processing hollow fibers, and high permeability. Over the time, conventional techniques, such as sedimentation and sand filtration, have proved inefficient in the process, leading to a shift toward microfiltration. Municipal water departments are increasingly using microfiltration techniques to remove viruses and bacteria and make contaminated water harmless to the RO equipment. 

Make Enquiry Before Purchase @ https://www.psmarketresearch.com/send-enquiry?enquiry-url=membrane-microfiltration-market

Yet another factor that is expected to be instrumental in the microfiltration membrane market prosperity is the increasing application of the technology in developing nations. In APAC and MEA, the demand for clean water is on the rise, leading to higher microfiltration membrane sales. For instance, a 1,080-hp pump was installed in India in 2016 for sewage treatment. Larger water treatment capacity requires more microfiltration membranes, which, in turn, drives the market growth. 

The major restraint in the growth of the microfiltration membrane market is the high cost of membranes. These membranes are soaked in 100% methanol prior to use, and this added step in the production results in their high cost. However, major market players are coming up with more efficient membranes for microfiltration, increasing the interest of costumers in the technology. For example, in 2017, Lanxess AG introduced three wastewater and drinking water treatment products to give consumers a wider choice. 

Thus, we see that owing to the growing adoption of microfiltration membranes in the MEA and APAC regions, the microfiltration membrane market will experience healthy growth globally.

Read More

Electric Vehicle Battery Demand Globally - An Emerging Market

The global automotive battery market is anticipated to witness a steady growth during the forecast period due to increasing end users’ preference for zero-emission hybrid and electric vehicles, owing to falling battery price, reducing crude oil reserves, and environmental effect of conventional automobiles. In accumulation to this, increase in the global battery production capacity has helped to achieve economies of scale in the automotive battery industry, which is another major driver for the growth of the market.

On the basis of type, the automotive battery market has been categorized into lithium-ion, and sealed lead acid. Among these, the market for lithium-ion batteries is anticipated to observe the fastest growth during the forecast period. Lithium-ion battery is equipped in applications, which demand high-energy density solutions such as hybrid and electric automobiles. Also, in an effort to increase vehicle economies, manufacturers are continuously focusing on reducing the price of the battery, which leads to propel the market growth, globally.

Based on vehicle, the automotive battery market has been categorized into two-wheelers, passenger vehicles, electric vehicles, and commercial vehicles. Among these, the demand for automotive batteries from electric vehicles is estimated to register an exponential growth during the forecast period, owing to increasing sales of electric vehicles and rising environmental pollution. Government initiatives to promote electric vehicles by offering generous subsidies and implementing regulations continue to drive the market for electric vehicles, which in turn, increase the demand for automotive batteries.

On the basis of region, the automotive battery market has been categorized into North America, Europe, Asia–Pacific (APAC), the Middle-East and Africa (MEA), and rest of the world (RoW). The APAC market for automotive batteries is estimated to witness the fastest growth in the coming years. This regional market is led by China, Japan, India, and Indonesia, which are forecasted to experience robust growth in the sales of commercial and passenger vehicles. Also, sales of electric cars are anticipated to experience a massive growth in APAC region in the coming years, fuelling the battery market in the region. Ongoing product developments by several companies to produce high-performance and cost-efficient vehicles are estimated to contribute to the growth of the market for automotive batteries in the APAC region.

The growth of the automotive electric vehicle battery market is primarily driven by the increasing demand for electric vehicles due to falling battery price and stringent regulations set by several government agencies across the world. Decline in prices of lithium-ion battery packs are resulting in the increase in electric vehicle sales. The average price of lithium-ion battery pack is reduced to around $220 per kWh from 1000 per kWh, a decline of more than 75%. The decrease in battery cost is resulting in the decrease in electric vehicle upfront cost, as battery accounts for around 30–40% of total electric vehicle’s cost. This is uplifting the market of the automotive battery.

Key players operating in the global automotive battery market are Panasonic Corporation, Samsung SDI Co. Ltd., Johnson Controls International PLC, Kokam Co. Ltd., BYD Company Limited, Toshiba Corporation, LG Chem Power Inc., Sanyo Electric Co. Ltd., Li-Tec Battery GmbH, Furukawa Electric Co. Ltd., Leoch International Technology Limited, GS Yuasa International Ltd., Crown Battery Manufacturing Company, Exide Industries Limited, Hitachi Ltd., Fengfan Co. Ltd., Shandong Sacred Sun Power Sources Co. Ltd., and Chaowei Power Holdings Limited.

Read More

High-Throughput Screening Market is Expected to Witness the Fastest Growth in APAC During the Forecast Period

The global high-throughput screening market size is witnessing considerable growth due to increasing geriatric population, increasing healthcare expenditure, increasing research and development activities, launch of technologically advanced products that are miniaturized and automated and growing popularity of high-throughput screening for drug discovery. Moreover, high adoption of high-throughput screening models in pharmaceutical and biotechnology companies across the globe is supporting the growth of the market. Based on technology, 2D cell culture segment is expected to grow at the fastest rate during the forecast period owing to its low cost and ease of use.

The rapid growth in emerging economies and growing research and development activities on stem cells and toxicology is expected to create opportunities for the manufacturers of high-throughput screening products. However, high cost of high-throughput screening, lack of trained professionals and complexity in assay development are the key factors hampering the growth of the global market.

To Learn More About this report at: http://bit.ly/34YdFwQ

Geographically, North America has been the largest market for high-throughput screening, owing to its increased awareness, increasing government funding, established healthcare industry, and easy accessibility to advanced technologies due to the awareness in the region. The U.S. contributed largest revenue to the North American as well as global high-throughput screening market. The increased research and development activities and increasing prevalence of chronic diseases arising the need for novel treatments is the key growth driving factor for the U.S. high-throughput screening market.

Globally, the high-throughput screening market is expected to witness the fastest growth in Asia-Pacific during the forecast period. The highest growth in the region is attributed to the increasing research and development activities, increasing per capita income leading to improving standard of living, increasing healthcare spending, growing demand for better quality medical care, and awareness about high-throughput screening in the region.

The key players operating in the global market are Agilent Technologies, Inc, Danaher Corporation, Thermo Fisher Scientific Inc., Merck Millipore, Bio-Rad Laboratories, Inc., Hamilton Company and Aurora Biomed, Inc.

Read More

Hexamine Market Analysis with Key Players, Applications, Trends and Forecasts

The increasing requirement for hexamine in various sectors, such as rubber, fuel, pharmaceutical, and explosives, is positively impacting the hexamine niche. Hexamine is a white, crystalline compound that is formed by the chemical combination of formaldehyde with amine. The increasing population is resulting in the rising poverty rate due to the mismanagement of resources. This is causing an increase in urinary tract infections and neurological disorders. Hexamine is prescribed as an antibiotic to treat bacteriuria in such patients. 

Get the Sample Copy of this Report @ https://www.psmarketresearch.com/market-analysis/hexamine-market/report-sample

The compound is also used in the production of vulcanized rubber tires. The automobile sector is expanding on account of the increasing vehicle sales due to the growing disposable income. Another factor aiding in the hexamine niche progress is the use of the compound by the plastics sector for manufacturing plastic sewage pipes used in construction projects. Hence, the hexamine niche is projected to advance during the forecast period due to the growth in the end-use sectors.

Globally, Asia-Pacific (APAC) has been the largest hexamine market, with a contribution of more than 50.0% revenue in 2017. It is also expected to be the fastest growing market during the forecast period, with 4.5% CAGR. Increasing demand for the chemical from different industries, such as rubber, resin, and pharmaceutical, is driving the growth of the market in the region.

Make Enquiry Before Purchase @ https://www.psmarketresearch.com/send-enquiry?enquiry-url=hexamine-market

Of all application categories in the hexamine market, resin accounted for the highest consumption of the chemical, with a contribution of more than 50% in 2017. This is attributed to the fact that it acts as an important component in thermosetting the resin production by working as a curing agent.

The white crystalline heterocyclic organic compound, i.e., hexamine, is highly soluble in water and organic solvents. However, there are certain side effects of taking it as a medication. The most common side effects of taking this as a medication are vomiting, diarrhea, loss of appetite, and stomach cramps, rashes, swelling of tongue, difficulty in breathing, and dizziness. Thus, these effects act as a restraint to the growth of the hexamine market.

Read More

Wiring Harness Market for Auto Sector - Business Forecast Revenue

The global automotive wiring harness market is growing, due to increase in demand for electronics and safety features in passenger car, technological advancement in automotive wiring harness system, and growing demand for electric vehicles. Additionally, the increase in overall vehicle production and legislation mandating automotive safety technology are also supporting the growth of the market. Wiring harness for alternate energy vehicles and growing automotive safety norms in developing countries are some of the factors providing ample growth opportunities for the global automotive wiring harness market. Some of the factors restraining the growth of the market are maintenance issues related with automotive wiring harness, and their high cost. 

The automobile sector is growing, especially in Middle East & Africa, due to increasing government support in form of tax exemptions and fiscal incentives in free zones of the region. In Japan,   the small car segment of the automotive industry is growing, which is supporting the growth of the automotive wiring harness market. Additionally, the adoption of module, demand for car digitalization and connectivity, and platform strategies adopted by key passenger car manufacturers, such as Volkswagen and General Motors are supporting the growth of the market. Due to strict government regulations for reducing harmful fuel emissions, the demand for hybrid and electric vehicles is increasing. Moreover, the motorization trend has substantially improved the economy of the countries in Asia-Pacific, especially China, which is resulting in the growth of automotive industry, thus leading to increased demand for automotive wiring harness.

Geographical Outlook

The Asia-Pacific market is growing with the highest rate, due to the growing consumer preference for safety features and high-end electronics in the heavy and light vehicles in the countries, such as India and China. The automotive wiring harness market in some countries of North America and Europe is saturated, as safety equipment and high-end electronics are already installed in most of the vehicles in these regions. Whereas, Canada and Mexico are still untapped markets, due to the commissioning of new vehicle assembly plants and increasing vehicle production capacity in the countries.

Find Out More!

Among all the vehicle types, the commercial vehicle and passenger vehicle holds more than three-fourth share of the global market. Additionally, the hybrid vehicle category is expected to lose its share in the coming years, due to higher cost as compared to other vehicle types. Among all the products, the chassis wiring harness is expected to lead the global market in the coming years. The Original equipment manufacturers (OEMs) are focusing to design a light weight and compact wiring harness, which occupies less space in the interfacing of electronics and electrical devices of the vehicle. The global market of automotive wiring harness is also growing due to the increasing need of protection against abrasions and vibrations, compact wiring, and simplicity of operation in managing different electronic devices.

Some of the competitors in the market are Lear Corporation, Furukawa Electric Co. Ltd., Samvardhana Motherson Group, Nexans Autoelectric GmbH, Sumitomo Electric Industries Ltd., YAZAKI Corporation, THB Group Ltd., and Delphi Automotive LLP.

Read More