Tuesday, May 24, 2016

Biopreservation Media Market Poised to Witness Impressive Growth in the Years to Come

Biopreservation is a rapidly emerging field that involves storage of cells and tissues in a chemically-treated environment in order to preserve biological samples. Cryopreservation, vitrification, and hypothermic storage are the most common procedures for biopreservation that used widely in laboratories and clinical settings. Biopreservation media is a globally-recognized and an effective method of preserving specimens, which helps in maintaining the stability, integrity, and functionality of cells outside of their natural environment until their end-use. Human tissue biobanking which is used in clinical trials for the implementation of novel biomarkers is expected to escalate the demand for biopreservation storage media, thereby fueling the growth of the market, globally. Moreover, huge investments coupled with increased R&D activities are expected to further stimulate the growth of the biopreservation media market.

Market Scenario & Predictions
The global biopreservation media market which was valued at $247.7 Million in 2014 is projected to reach $571.5 Million by the end of 2019, growing at a CAGR of 18.2% during the forecast period of 2014 to 2019.

Of all the regions, North America was the largest market in 2014, followed by Europe, APAC, and RoW. It currently holds 47.3% of the total market share, and is expected to grow at a CAGR of 17.7% during the forecast period, reaching $265.0 Million by 2019, owing to the advancements in the field of biotechnology in the U.S. and Canada. However, Asia-Pacific is estimated to be the fastest-growing market with a CAGR of 21.2%.

Based on type, the home-brew media segment being a highly competitive segment dominates the market with largest share, whereas the segment of pre-formulated media is still in the growing phase. On the basis of application, biobanking is the leading segment.

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Drivers for the Market


The significant growth of the global market for biopreservation media can be majorly attributed to the following factors:

•    Advancements in biobanking technology and regenerative market
•    Growing investments and R&D activities in cell-therapy and regenerative medicine by corporate, government, and non-government organizations
•    Increasing demand due to the growing awareness regarding its benefits

Major key players are,
Lifeline Scientific Inc. (U.S.), BioLife Solutions Inc. (U.S.), Thermo Fisher Scientific, Inc. (U.S.), Sigma-Aldrich Corporation (U.S.), Wak-Chemie Medical GmbH (Germany), VWR International LLC (U.S.), and others.

Apart from this, new product developments and launches is one of the key strategies adopted by the market players in order to sustain their hold on the market by providing the customers with newer and efficient products.

Wednesday, August 26, 2015

Growing Intrauterine Contraceptive Device Industry

The global intra-uterine contraceptive devices (IUCD) market was valued at $3,314.6 million in 2014, which is expected to reach a value of $4,605.6 million by 2019, at a CAGR of 6.8% from 2014 to 2019.


The global intrauterine contraceptive devices market is segmented on the basis of type which includes hormonal IUCD and copper IUCD. The copper IUCD segment contributed for the maximum share of 51.9% in 2014, followed by hormonal IUCD with 48.1% share. On the basis of products, this market has been segmented into Mirena, Skyla, ParaGuard, and Essure. In terms of geography, the market covered regions, such as Asia, Europe, North America, and Rest of the World (ROW).
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The growth of the intrauterine contraceptive devices market is driven by factors such as rising rate of unplanned pregnancies, effective contraception and minimum side effects of IUCD, implementation of Affordable Care Act (ACA), higher number of initiatives undertaken by private firms directed towards reducing the expenses related to abortion, and technological advancements.

Thursday, July 16, 2015

Future of Hydraulic Workover & Snubbing Market

The increase in demand and supply gap worldwide in energy sector has increased the drilling activities around the globe which has finally increased the usage of hydraulic workover unit market.

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Hydraulic workover unit can be used to install or remove tubular in or out of well which has zero surface pressure, mud or heavy fluid in the wellbore. The volume based market is projected to grow with a CAGR of 6.2% between 2014 and 2019.


The oil & gas industry witnesses high number of the E&P activities every year which is undertaken to meet the growing global energy demand. 

Hydraulic workover units form an integral part of the well lifecycle and can be used on the drilling, completion and workover phases. It provides increased lifting capacity during well intervention operations which cannot be performed using either a wireline or a coiled tubing unit.

Tuesday, July 14, 2015

Solid oxide fuel cells Market Trends | potentially long life expectancy (4000-8000hr)

Solid oxide fuel cells (SOFCs) are best for stationary power. It uses a solid ceramic as the electrolyte and utilizes hydrocarbons and CO as fuel. 
  


These cells operate at a very high temperature, which allows the use of non-precious metal as a catalyst. SOFCs don’t contain any noble metals that could be problematic in resource availability and price issue in high volume manufacture. These cells have extremely low emission of carbon monoxide.

The report “Solid Oxide Fuel Cells (SOFCs) Market Forecast 2014-2019”, analyses the market in terms of geography. In terms of geography, the segmentation of the market covers North America, Europe, Asia, and Rest of the world.

Monday, May 25, 2015

Middle East Oilfield Equipment Rental Market

Increase in the number of drilling activities worldwide, due to rising demand of energy, is the key driving force for growth of the oilfield equipment market.

Growth in the Middle East oilfield equipment rental market is attributed to the technological advancements in the oilfield equipment segment. Traditional equipment is not fully capable of meeting new challenges hence the petroleum industry is looking out for advanced IT based machinery and software to perform operations in various unconventional and deep reservoir locations. 

With the advent of new trends in deep-water drilling in the oil industry, profits are huge, despite low output from shallow wells.

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Top market players that have established their base in the Middle East oilfield equipment rental market are Weatherford International Ltd. (Ireland), Oil States International (U.S.), Superior Energy Services Inc. (U.S.), and Schlumberger (U.S.).

Tuesday, May 12, 2015

Growing North America Wireline Services Industry

Technological advancements in exploration activities of shale gas and coalbed methane are driving the North America wireline services market.



“North America Wireline Services Market by Service Type (Logging, Well Intervention, Completion), by Application (Onshore & Offshore), and by Countries –Trends & Forecasts to 2019”

Advanced technologies have enabled exploration activities to be carried out for sources other than crude oil, such as shale gas, coal bed methane, and unconventional resources. These activities require sophisticated tools and techniques to drill inside the well. Improved technologies such as the multi-stage hydraulic fracturing of horizontal wells require advanced tools to explore unconventional sources. To perform these fracturing techniques, accurate real-time information about reservoir temperature, pressure, and topology is required. These parameters are gathered by logging and other wireline services. Additionally, many other wireline services are required during completion operations.
The increase in exploration activities for shale and other resources, especially in countries such as the U.S., and Mexico has led to a widespread need for wireline services.
In-depth profiling of the key players have been conducted, along with the recording of their recent developments (including new product launches, partnerships, agreements, collaborations, and joint ventures) and strategies adopted by them to sustain and strengthen their positions in the North America wireline services market. Baker Hughes Inc. (U.S.), Nabors Industries Ltd. (Bermuda), and Halliburton Co. (U.S.) are among the key players operating in this market.

Tuesday, May 5, 2015

Geographical expansion is the integral strategy adopted by the leading players to boost their growth in the Global Liquefied Petroleum Gas Market

“Liquefied Petroleum Gas Market: By Application (Residential/Commercial, Chemical, Industrial, Auto Gas, and Others); By Sources (Refineries, Associated Gases, and Non-Associated Gases); and By Geography - Global Forecasts till 2019”


The major participants operating in the global liquefied petroleum gas market are Gazprom (Russia), Sinopec (China), Petro China (China), Exxon Mobil (U.S.), Royal Dutch Shell (Netherlands), Saudi Aramco (Saudi Arabia), Petronas (Malaysia), and British Petroleum (U.K.), among others. The top four players accounted for over 37% of the global liquefied petroleum gas market in 2014.
The key players of global LPG market intends to focus on strategies such as expansion, supply agreements, and new product launch to increase their customer base and market share in the global market. Gazprom is the market leader in the global LPG market and holds the 12% of the market share as of 2014. Its product portfolio includes exploration, production, distribution, and transportation of gas. Gazprom expanded its business by planning to build a compressor station in Yety-Purovskoye field with a large capacity of one billion cubic meters of gas per year. 
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This expansion helps the company to increase its market presence and to be able to supply more LPG to its end-users. In other agreement, Gazprom signed a strategic cooperation agreement with Weatherford International (Ireland) to share knowledge and technical insights over the LPG business.