Healthcare IT Market  Worth USD 223.16 Billion By 2023.

Meticulous Research®, leading global market research company published a research report titled, “the Global Healthcare IT Solutions Market is projected to USD 223.16 billion by 2023 growing at a CAGR of 13.7% during the forecast period of 2018 to 2023.”

The Global Healthcare IT market is segmented on the basis of product (clinical & non-clinical solutions), component, deployment mode, and end user. On the basis of deployment mode, web & cloud-based solutions accounted for the largest share in the global healthcare IT solutions market, mainly due to the flexibility of working from remote areas, affordability, and their automated updating features.

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Healthcare IT solutions promise to modernize and streamline healthcare and to connect different stakeholders in the e-health market. Broadly defined, health IT refers to hardware and software, including electronic information systems, used to create, store, transmit, receive and analyze health information.

The report notes that non-clinical solutions segment accounted for the largest share of the overall market, owing to “growing healthcare cost, increasing patient volume, rising burden on healthcare facilities, growing insured population, and rising number of frauds related to claims.”

Based on end user, healthcare providers segment commanded the largest share in the global healthcare IT solutions market in 2017, mainly due to the rising patient volume, growing healthcare spending, rising geriatric population and thereby the prevalence of various chronic diseases. Hospitals are the largest users among all healthcare providers, primarily due to growing healthcare infrastructure and rising number of tertiary/specialty care hospitals. In addition, growing demand to manage large patient data and increasing need to improve healthcare quality while maintaining operational efficiency further propels the adoption of HCIT solutions in the hospitals.

North America to be the largest market by 2023, owing to its well-established healthcare system, growing adoption of various HCIT solutions by healthcare providers in order to meet the regulatory requirements for patient care and safety, increasing need to curtail soaring healthcare costs, presence of leading HCIT vendors, growing need to improve the quality of healthcare while maintaining the operational efficiency of healthcare organizations.

              

The key players in this market are McKesson Corporation, Epic Systems Corporation, Cerner Corporation, Optum Health, GE Healthcare, Philips Healthcare, athenahealth, Inc., Allscripts Healthcare Solutions, Inc., Oracle Corporation, Cognizant Technology Solutions Corporation, Dell Technologies, Optum, Inc., and Infor, Inc. among others.

The Global Healthcare IT Solutions market study, published by Meticulous Research, can be accessed at:

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Next Generation Sequencing (NGS) Services Market Worth 2,921.4 Million USD by 2023 

“Meticulous Research” in its latest publication states that, the “Global NGS services Market is projected to reach USD 2,921.4 million by 2023 growing at a CAGR of 20.1% during the forecast period of 2018 to 2023.”

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This Growth is primarily driven by plummeting cost of sequencing, need of skilled professionals for efficient NGS sample preparation and analysis, technological advancements in NGS services, increase in genome mapping programs, and high cost of sequencing infrastructures.

Thus, the explosive development of genomics technologies including microarrays and advances in DNA sequencing, resulting in the advent of NGS provides opportunity to implement comprehensive chromosome screening approaches, consequently driving the growth of NGS services market.

Next Generation Sequencing (NGS) Services Market Size by Service Type (Targeted sequencing, RNA Sequencing, Exome Sequencing, De Novo Sequencing, ChIP-Sequencing, Whole Genome Sequencing, Methyl Sequencing, and Other Services),Technology [Sequencing by Synthesis (SBS), Ion Semiconductor Sequencing (IOS), Single Molecule Real Time Sequencing (SMRT), Nano pore Sequencing, and True Single Molecule Sequencing (tSMS)], Application (Diagnostics, Drug Discovery, Bio-marker Discovery, Agriculture & Animal Research, and Other Applications), End User (Academic& Research Institutes, Pharmaceuticals & Biotechnology Industry, Hospitals & Clinics and Other End Users) – Global Opportunity Analysis and Industry Forecasts To 2023.

The geographical analysis provides detailed insights on the key trends of the industry in the listed regions & countries, identifying the demographic & economic impact, government & private investments, market opportunities and forecast, and regulatory scenario. The geographical analysis section also comments on the key market players shaping the growth of the industry in the respective countries.

The report also notes that, “growing application of NGS technology in cancer and Agri genomics research for the analysis of complex sequencing data and rising demand for personalized medicine provides significant opportunities to NGS service providers.”

                   

The key players analyzed in the NGS Services Market are Illumina, Inc.(U.S.), Qiagen N.V.(The Netherlands), PerkinElmer, Inc. (U.S.), Eurofins Scientific SE (Luxembourg), GATC Biotech AG (Germany), Macrogen, Inc. (South Korea), Genotypic Technology Pvt. Ltd. (India), GENEWIZ, Inc. (U.S.), Beijing Genomics Institute (BGI) (China), SciGenom Labs Pvt. Ltd. (India), MedGenome (India), DNA Link, Inc. (South Korea), Otogenetics Corporation (U.S.), Novogene Corporation (China), LGC Limited (U.K.), CD Genomics (U.S.), and SeqLL, LLC (U.S.).

The Global NGS services Market study, published by Meticulous Research, can be accessed @

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Egg Replacement Ingredients Market Worth USD 1,152.0 Million by 2022

“Meticulous Research” in its latest publication states that, the “Global Egg Replacement Ingredients Market is projected to reach USD 1,152.0 million by 2022 growing at a CAGR of 5.7% during the forecast period of 2017 to 2022.”

Egg Replacement Ingredients Market Size by Type (Dairy Protein, Starch, Algae Flour, Soy Based Products, Others), by Application (Bakery & Confectionery, Mayonnaise & Sauces, Others), by Form (Solid, Liquid), by Source (Plant, Animal) – Global Opportunity Analysis and Industry Forecasts to 2022

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The Global Egg Replacement Ingredients Market is driven by increasing vegan, vegetarian, and flexitarian population; growing preference for the plant based natural food ingredients among general population; frequent outbreaks of Avian Influenza, and safety benefits over the natural eggs. However, there is a reluctance to use the egg replacement ingredient from both the industrial users as well as the end consumer primarily due to its inability to replicate the exact flavor, taste, and texture like the real eggs.

The demand for protein is steadily increasing across the globe. According to the Food & Agricultural Organization (FAO), this demand is driven by the increase in income levels in developing countries. The FAO states that meat consumption would grow by 1.4% annually till 2024 while annual growth in poultry consumption would be around 2.0% during the same time frame. On the other hand, the growing demand for plant-based protein is evident by the facts that oilseed production is expected to grow by more than 20% over the same period, resulting in the increase in protein meal output by 23%, reaching 355 Mt by 2024.

Apart from protein, the functional foods such as food ingredients derived from the plant sources have shown significant growth in last decade and the demand is expected to further continue in near future mainly due to the growing awareness about their ability to promote general health and well-being by preventing certain diseases. Growing health consciousness among the general population has resulted in the increasing adoption of plant based ingredients as it includes reduced saturated fat and fiber which increases satiety and prevent the person from overeating. These food ingredients also offer cholesterol benefits with lower energy density.

The Egg Replacement Ingredients Market study, published by Meticulous Research, can be accessed at: http://www.meticulousresearch.com/product/egg-replacement-ingredients-market-2022/

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Southeast Asia Industrial Automation And Process Control Market is projected to reach USD 4,443.8 million by 2023

Southeast Asia Industrial Automation And Process Control Market By Product Type (DCS, PLC, SCADA, PLM), Industry Vertical (Textile, Oil & Gas, Food & Beverages, Life Sciences, Automotive, Packaging) – Opportunity Analysis & Industry Forecast To 2023

“Meticulous Research” in its latest publication states that, the “Southeast Asia industrial automation and process control market is projected to reach USD 4,443.8 million by 2023 growing at a CAGR of 8.1 % during the forecast period of 2018 to 2023.”

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Southeast Asia industrial automation and process control market driven by increasing government funding to promote the adoption of automated systems in various industrial verticals, flourishing demand for automation from various manufacturing sectors, growing innovations in industrial robotics, increasing technological advancements in manufacturing, and demand for mass production and associated supply chain to cater to the growing population.

In addition, growing digitalization and accelerating pace of change, industry 4.0 revolution, increasing demand for safety compliance of automation products, and growing manufacturing sector in emerging economies further provides significant opportunities for the various stakeholders in this market. However, factors such as rising unemployment, high capital investments, decreasing oil and gas prices affecting infrastructure related investments are expected to hinder the growth of the market to some extent.

Key Market Segments to Watch -

The Southeast Asia industrial automation and process control market is mainly segmented by product type (product lifecycle management, distributed control system, supervisory control and data acquisition systems, variable frequency drive, general motion controls, programmable logic controller, sensors and transmitters, manufacturing execution system, flowmeters, machine safety system, enterprise asset management, human machine interface, process safety system, and operator training simulator), industry vertical (process and discrete industry), and geography (Singapore, Vietnam, Thailand, Malaysia, Indonesia, Philippines, and others).

On the basis of type, the product lifecycle management system held the largest share in the global market and helps drive top-line revenue through repeatable process, maximizes the life-time value of the business process, and sets up single system of record for diverse data needs.

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Southeast Asia Food Processing Equipment Market is projected to reach USD 1,152.0 million by 2023 

“Meticulous Research” in its latest publication states that, the “Southeast Asia Food Processing Equipment Market is projected to reach USD 1,152.0 million by 2023 growing at a CAGR of 4.7% during the forecast period of 2018 to 2023.”

Southeast Asia Food Processing Equipment Market by Type (Meat Processing, Bakery Processing, Beverage Processing, Dairy Processing, Chocolate & Confectionery Processing) – Opportunity Analysis and Industry Forecast (2018–2023)

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This market is mainly driven by factors such as “increasing consumer demand for processed food, growing focus on food safety and safety of workers, growing need to increase productivity, increasing focus of food manufacturers to reduce production cost, and government support to promote food processing sector”. However, “high cost of equipment and increasing consumer inclination towards consumption of minimal processed food products” hinders the growth of this market.

             

The Southeast Asia food processing equipment market study presents historical market data in terms of value (2016 and 2017), estimated current data (2018), and forecasts for 2023 by various types of equipment. Meat, poultry, and seafood processing equipment commanded the largest share of the Southeast Asia food processing equipment market in 2017. This equipment is widely adopted by the Southeast Asian meat processors to meet increased demand of processed meat products due to fast progression of urbanization, increasing population, consumer preference for protein-rich food products, and the tendency among city dwellers to spend more on food.

However, chocolate and confectionery processing equipment market is expected to witness highest CAGR during the forecast period with the rising need to manufacture high-value confectionery products under cost-pressure; growing need of maximizing energy efficiency; and growing confectionery industry due to economic factors, sociological trends, increasing health consciousness, and a fast-evolving indulgence seeking attitude of the consumers.

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“Meticulous Research” in its latest publication states that, the “Algae Products Market is projected to reach USD 3,318.1 million by 2022 growing at a CAGR of 6.7% during the forecast period of 2017 to 2022.”

Algae Products Market by Value (Medium Value, High Value, And Low Value), Products (Hydrocolloids, Carotenoids, Omega-3 PUFA, Spirulina, Chlorella, And Others), Application (Food and Feed, Nutraceutical, Cosmetics, Chemicals, And Others)

The Global Algae Products Market is driven by factors such as growing demand for algae products from the pharmaceutical and nutraceuticals industries, increasing utilization of pigments from microalgae due to strict regulations regarding the use of synthetic colors and flavors, and growing consumer preference to algae sourced products. Moreover, the emergence of new application areas, growing use of microalgae in aquaculture, and increasing use of algae in biofuel production provides significant opportunities for the various stakeholders in this market.

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# Scope of the report -

    Market by Value -

·         Medium value

·         High value

·         Low value

   Market by Product -

·         Hydrocolloids

·         Carotenoids

·         Omega-3 PUFA

·         Spirulina

·         Chlorella

      Market by Application -

·         Food and Feed

·         Nutraceutical

·         Cosmetics

·         Chemical

Geographically, Asia Pacific region is expected to witness a significant growth during the forecast period due to growing health food industry, pharmaceutical sector, demand of personal care products; high investments; and various government initiatives for microalgae production in the region.

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Geographically, the global algae products market is segmented into North America (U.S. and Canada), Europe (Germany, France, U.K., Italy, Spain, and RoE), Asia Pacific (China, India, Japan, and RoAPAC), Latin America, and Middle East & Africa. North America commanded the largest share in the global algae products market in 2016, followed by Europe, and Asia-Pacific. The large share of this market is mainly attributed to growing U.S nutraceutical market which is primarily driven by aging population, increasing healthcare awareness, and higher incidences of allergies and intolerance.

The key players operating in the global algae products market are DIC Corporation (Japan), Cellana Inc. (U.S.), Taiwan Chlorella Manufacturing Company (China), Algaetech International Sdn Bhd (Malaysia), Cyanotech Corporation (U.S.), BlueBioTech Int. GmbH (Germany), Algatechologies ltd. (Israel), Pond Technologies Inc. (Canada), E.I.D. - Parry (India) Limited (India), Tianjin Norland Biotech Co., Ltd., (China), AlgaeCan Biotech Ltd. (Canada), Corbion NV (The Netherlands), Qponics Limited (Australia), Royal DSM (The Netherlands), Heliae Development, LLC (U.S.), and SUN CHLORELLA CORPORATION (Japan).

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Pharmaceutical Processing & Packaging Equipment Market Worth 25,018.3 Million USD by 2022

“Meticulous Research” in its latest publication states that, the “Pharmaceutical Processing & Packaging Equipment Market is projected to reach USD 25,018.3 Million by 2022 growing at a CAGR of 8.5% during the forecast period of 2017 to 2022.”

Pharmaceutical Processing & Packaging Equipment Market Size by Processing Equipment [by Product Type (Milling Equipment, Vibrio Sifter, Granulators, Dryers, Blenders, Tablet Press Machines, Tablet Coating Machines, and Allied Machines), by Mode of Administration (Oral and Topical) and Packaging Equipment (Primary Packaging Equipment, Secondary Packaging Equipment, and Labelling and Serialization Equipment) – Global Opportunity Analysis and Industry Forecasts To 2022

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The Global Pharmaceutical Processing & Packaging Equipment Market driven by growing aging population, increase in chronic and infectious diseases, growing pharmaceutical market, rising need to comply with various government regulations, and various technical advancements. However, the growing adoption of refurbished machines is expected to hamper the growth of the market to some extent.

Scope of the Report:

Pharmaceutical Packaging Equipment Market, by Type:

•  Market by product:

·         Milling equipment

·         Vibrio sifters

·         Granulators

·         Dryers

·         Blenders

·         Tablet presses

·         Tablet coating machines

·         Allied machines

·         Market by mode of administration:

·         Topical mode of administration

·         Lotion processing equipments

·         Ointment processing equipments

·         Cream processing equipments

·         Injectable mode of administration

·         Oral mode of administration

·         Tablet processing equipments

·         Capsule processing equipments

·         Liquid processing equipments

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Pharmaceutical Packaging Equipment Market, by Type:

·         Primary packaging equipment -

·         Solid packaging equipment

·         Blister packaging equipment

·         Strip packaging equipment

·         Aluminum packaging equipment

·         Semi solid packaging equipment -

·         Soft tube filling & sealing machines

·         Sachet packaging equipment

·         Liquid packaging equipment -

·         Vials & ampoules packaging equipment

·         Prefilled syringes & cartridges

·         Bottle filling & capping equipment

·         Secondary packaging equipments -

·         Cartooning equipment

·         Wrapping equipment

·         Case packing equipment

·         Tray packing equipment

·         Labelling & serialization equipment

North America commanded the major share in the global pharmaceutical processing & packaging equipment market, followed by Europe, Asia-Pacific region. However, Asia-Pacific region is projected to show lucrative growth potential for the pharmaceutical processing & packaging equipment market during the analysis period.

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