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Flight Simulator Market - Industry Analysis, Market Size, Share, Trends, Application Analysis, Growth And Forecast 2019 - 2024

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  Flight Simulator Market is forecast to reach $7.8 billion by 2025, at a CAGR of 5.20% during 2020-2025. Increasing demand for virtual flight environment for both commercial and military purposes and growing need for cost effective pilots training are expected to accelerate the Flight Simulator market during forecast period. Similarly, rising spending in aerospace training sectors are creating opportunity for flight simulator market. For instance, a Canadian company CAE, which is engaged in training for the civil aviation proposed to invest $288.75 million for the development and training activities. These kind of investments are likely to bring demand for flight Simulator market.

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Report Coverage

The report: “Flight Simulator Market – Forecast (2020-2025)”, by IndustryARC, covers an in-depth analysis of the following segments of the Flight Simulator Market.

By Type - Full Flight Simulator(FFS), Full Mission Simulator (FMS), Flight Training Devices (FTD), Fixed Base Simulator (FBS), UAV's, Cockpit procedures trainer, Others.
By Application - Military Defense, Civil, Commercial, Others.
By Solution - Products, Hardware, Software, Services, Hardware Upgrade, Software Upgrade.
By Geography - North America, South America, Europe, APAC, RoW.

Key Takeaways

  • North America dominated the Flight Simulator market with a share of more than 35%, owing to strict guidelines imposed by the Federal Aviation Administration (FAA) and Federal Aviation Regulations (FARs).
  • Flight simulator market report forecasts that Full flight segment is likely to register largest share as it offers high fidelity, reliability and accurately stimulates the aircraft environment.
  • Commercial segment is the largest segment for Flight Simulator market. Rise in the global air passenger traffic is driving the growth of the aviation industry, which is leading to the demand for commercial aircraft deliveries.
  • Major players in the Flight Simulator Market are Airbus Group N.V., Avion Group, CAE, Inc., Collins Aerospace, Elite Simulation Solutions, Flightsafety International, Frasca International, Inc., Indra Sistemas Sa, L-3 Communications Holdings Inc., Precision Flight Controls Inc.,

Type - Segment Analysis

Full flight Simulator is likely to register highest CAGR of 6.88% during forecast period.  These system are getting more popularity due to high fidelity, reliability, simulation accuracy and better at exposing deficiencies like proneness to pilot-induced oscillation (PIO). These systems create sound, motion, and visuals to create realistic training environment and also offer digital electrical control loading and an electric motion system, reducing power consumption and ensuring minimal operational life costs. Several companies are creating opportunity for full flight simulator (FFS) with the increased usage of this simulators. For instance, in june 2018, Airbus introduced the new full flight simulator (FFS) in order to assist the staff training on the Airbus A330 Multirole Tanker Transport (MRTT). Similarly, CAE provides the most innovative full-flight simulators (FFS), including the latest CAE 7000XR Series Level D FFS, improving training efficiency, offering advanced capabilities, and increasing operational efficiency.

Application - Segment Analysis

Flight simulator for Commercial application is likely to register a CAGR of 7.32% during forecast period. Rise in the global air passenger traffic is driving the growth of the aviation industry, which is leading to the demand for commercial aircraft deliveries. For Instance, Bell’s Textron Inc. delivered 192 commercial aircrafts in 2018 as compared to 132 in 2017. Similarly, in 2017, Honeywell Inc.  Forecasted to deliver 4000 to 4200 civilian aircrafts between 2018-2022. Rising demand in commercial aircrafts will create opportunity for Flight Simulators.

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Geography - Segment Analysis

In 2018, North America dominated the Flight Simulator industry market size for about 35.67% market share, followed by APAC and Europe. In North America, strict guidelines imposed by the Federal Aviation Administration (FAA) and Federal Aviation Regulations (FARs) regarding use of simulators for training purpose. According to new FAR regulations, Air carriers must compulsory develop training programs using simulators that meet the upgraded requirements. Stringent regulations as such will drive the usage of Flight Simulator market in this region. Similarly high demand for air travel in North America is also one of the major reason for flight simulator market as it increases the need for pilot training. For instance according to the report given by International Air Transport Association (IATA), in 2018, global passenger traffic in North America increased by 6.5% between 2017-18.  Increased demand for passenger traffic will create opportunities for new aircrafts there by creating demand for flight simulators.

Drivers –Flight Simulator Market

  • Rising demand for commercial pilots

As Flight simulators are used to train the pilots by creating the virtual environment, increasing demand for new pilots will in turn rise the flight simulator market share globally. For instance, demand for new pilots is expected to rise dramatically over the next two decades as a result of new aircraft entering the global fleet. According Boeing, 790,000 new pilots is likely to be required by 2037 to meet growing passenger fleet. Similarly, in 2018, Airbus estimated a worldwide demand of pilots to reach 450,000 by 2035.

  • Increase in adoption of Virtual Training to ensure safety

The Increase in adoption of technology of virtual training and simulation in civil and commercial aviation to ensure aviation safety in flight handling and including situation such as awareness, skill competency will promote the flight simulation market. Similarly, research and development efforts directed towards virtual reality and artificial intelligence advancements has resulted in highly naturalistic flight simulators, thus offering navigation and motion control mechanism will enhance the market positively.

Challenges – Transfer Case Market

  • High cost involved in the making of flight simulator and complexities in acquiring License

One of the prominent challenges is the high cost of producing and acquiring FFS FTD systems and cockpit procedures trainer. For instance FAA Qualified Level  6& 7 FTD aka fixed base simulators, cost around $2 million and FNPT II, Flight and Navigation Procedures Trainer, costs about $2.5 million. Similarly complexities  in acquiring the license is also one of the challenging factor in flight simulator market. Majority of training providers would not be able to acquire and operate the type of simulators required for a major portion of multi-crew pilot license (MPL) training due to their cost and slow pace regulatory licensing process.

Market Landscape

Partnership and acquisitions are key strategies adopted by players in the Flight Simulator market. In 2018, flight Simulator market industry outlook was consolidated with the top five players accounting for more than 52.45% of the share. Flight Simulator top 10 companies include Airbus Group N.V., Avion Group, CAE, Inc., Collins Aerospace, Elite Simulation Solutions, Flightsafety International, Frasca International, Inc., Indra Sistemas Sa, L-3 Communications Holdings Inc., Precision Flight Controls Inc., and others

Acquisitions/Technology Launches

  • In April 2019- CAE partnered with JetBlue Airways (US) to provide 2 CAE 500XR flight training devices and 2 Airbus A220- 300 CAE 7000XR Series full flight simulators. With this partnership, CAE strengthened its customer base in the flight simulator market.
  • In April 2019- L -3 Commercial Aviation, a subsidiary of L-3 Communications Holdings, Inc. entered into a 2-year agreement with Aer Lingus (UK) to provide the full flight simulator pilot training program. This agreement provides 2 years of continuous pilot training support to Aer Lingus.
  • In October 2018- Flight Safety announced that it would provide training services for Pilatus PC-24 aircraft in Paris from 2019 on the Flight Safety’s Flight  Safety FS1000 simulator. The objective is to expand Flight Safety’s training services in Paris. 

    • "We also publish more than 100 reports every month in “Automotive”, Go through the Domain if there are any other areas for which you would like to get a market research study."

Location: United States

Mobility Aids and Transportation Equipment Market Analysis - Forecast(2021 - 2026)

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  The global Mobility aids and transportation Market is estimated to surpass $6318 million by 2023 growing at an estimated CAGR of more than 5.6% during 2018 to 2023.  The advancements in medical equipment technology and increasing number of old age homes are driving this market. The major share of market is dominated by manual wheel chairs followed by walking aids valued at $3180 million and $1149.8 anticipated to grow at a CAGR 5.4% and 4.3% during 2018 to 2023.

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What is Mobility Aids and transportation?
Mobility aids are equipment that is used to assist people with walking disabilities or to improve the mobility of people with any kind of mobility impairment. Transportation equipment in the healthcare sectors are used to carry patients from one place to another. This equipment is less bulky, highly sophisticated and diverse in attributes.  

What are the major applications for mobility aids and transportation?
The various end users assessed include hospitals, clinics, residential and others. Mobility aids such as wheel chairs, single stick, crutches, wheeled walker, and many other are used in hospitals to improve the functioning of disabled patients and  equipment such as forearm and underarm crutches are used as leg supporting equipment for transferring of patients from one place to other.  The equipment such as stair lifts, knee walkers, and normal walkers will assist the patients to do normal activities such as walking, stairs climbing and other daily activities in their home.
Mobility Aids and Transportation Equipment Market

Market Research and Market Trends of Mobility aids and transportation 
  • A new device known as Eye cane has been launched which can serve as both primary and secondary mobility aid for blind people to avoid waist up obstacles. Previously, there is only white cane which protects only lower body and upper body is left vulnerable to collisions with many obstacles. Hence this Eye cane can reduce the problem as it uses the components that translate distance into sound and vibrations within range of 16 feet.
  • Stair lifts are also provided with backup batteries to solve the issues with the backup batteries the machine sensors are connected to the UPS and a wireless connection through an IoT network detects the fault in the battery and send a notification to the Patient through SMS or email allowing them to react quickly.  
  • Many patents have been registered for these devices resulting from huge R & D investments by companies which are enhancing the market growth. Recently a patent has been registered on a walker standing assist device that supports the user of a walker or a wheeled mobility device to stand or arise from a seated position.  It  can be attached to different walkers to facilitate  the individual's ability to change from a sitting to a standing and walking mode 
  • The iWalker is an ambulatory monitoring tool created to continuously measure the stabilizing forces applied through the rollator, distances traveled, instantaneous walking speed and accelerations. A machine vision system captures features of the immediate physical environment such as obstacles, terrain changes, and lighting, precipitation, and foot placements.


Who are the Major Players in Mobility Aids and Transportation Market?
The companies referred in the market research report include the 3M company, Gojo Industries,  Lion corporation, Medline Industries, and others. 

What is our report scope?
The report incorporates in-depth assessment of the competitive landscape, product market sizing, product benchmarking, market trends, product developments, financial analysis, strategic analysis and so on to gauge the impact forces and potential opportunities of the market. Apart from this the report also includes a study of major developments in the market such as product launches, agreements, acquisitions, collaborations, mergers and so on to comprehend the prevailing market dynamics at present and its impact during the forecast period 2018-2023.


All our reports are customizable to your company needs to a certain extent, we do provide 20 free consulting hours along with purchase of each report, and this will allow you to request any additional data to customize the report to your needs.

Key Takeaways from this Report
  • Evaluate market potential through analyzing growth rates (CAGR %), Volume (Units) and Value ($M) data given at country level – for product types, end use applications and by different industry verticals.
  • Understand the different dynamics influencing the market – key driving factors, challenges and hidden opportunities.
  • Get in-depth insights on your competitor performance – market shares, strategies, financial benchmarking, product benchmarking, SWOT and more.
  • Analyze the sales and distribution channels across key geographies to improve top-line revenues.
  • Understand the industry supply chain with a deep-dive on the value augmentation at each step, in order to optimize value and bring efficiencies in your processes. 
  • Get a quick outlook on the market entropy – M&A’s, deals, partnerships, product launches of all key players for the past 4 years. 
  • Evaluate the supply-demand gaps, import-export statistics and regulatory landscape for more than top 20 countries globally for the market. 

  • "We also publish more than 100 reports every month in “Lifesciences and Healthcare”, Go through the Domain if there are any other areas for which you would like to get a market research study."


Location: United States

Textile Machinery Market - Forecast(2021 - 2026)

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 With the passing of time, use of textile machinery have become more advance in technology, automation in process and the global demand of textile machinery is rising due to growing demand of textile industry it has tremendous growth potential in coming future by meeting the demand for textile and apparel at domestic and global market. 


What is Textile Machinery?
Textile machinery is used to produce Yarns, Fabrics and Threads. It primarily concerned with the design, production and distribution of yarn, cloth and clothing. The raw material may be natural, or synthetic using products of the chemical industry. There are major types of textile machinery namely, Spinning, Weaving, Texturing and Knitting machinery.


What are the major applications for Textile Machinery Market
These textile machines are operated at various stages in textile manufacturing such as yarn spinning, weaving, knitting, as well as in dyeing.

The textile industry uses machines to make clothes, other textile products and used to create specific fabric effects like embossing, bleaching and mercerizing this process is deployed to make cotton stronger and shimmer.
The major end-users for textile machinery market include Garment industry, Cotton mill, Textile industry and wool mill etc.



Market Research and Market Trends of Textile Machinery Market
  • The Printing Technology in textile manufacturing is the latest trend in textile industry such as laser printing Technology provides the uniform appearance on the cloths, Digital printing is preferred for complex and layered printing, while creative clothing are manufactured by using 3D printing, enabling the textile industry to upgrade with the latest machinery and equipment’s and refine the textile manufacturing process.
  • The Automation and robotics have helped the textile industry by simplifying complex textile processes and improving speed, quality and cost of textile manufacturing. The textile process machinery have gone through many advance technology like nanotechnology, printing technology such as digital printing, 3D printing etc.
  • India is the largest producer of cotton in the world and the textile industries in the India need a various types of machinery it ultimately increases the demand for textile machines.

Who are the Major Players in Textile Machinery Market?
The companies referred in the market research report includes Oerlikon, Rieter, Picanol, Toyota Industries, American Textile Machinery Association, Batliboi, Benninger, Intertrad Group, Itema Group, Itema, ITEMA, Kirloskar Toyoda Textile Machinery Private, Rieter, , and Savio Macchine Tessili Etc. 

What is our report scope?
The report incorporates in-depth assessment of the competitive landscape, product market sizing, product benchmarking, market trends, product developments, financial analysis, strategic analysis and so on to gauge the impact forces and potential opportunities of the market. Apart from this the report also includes a study of major developments in the market such as product launches, agreements, acquisitions, collaborations, mergers and so on to comprehend the prevailing market dynamics at present and its impact during the forecast period 2018-2023.

All our reports are customizable to your company needs to a certain extent, we do provide 20 free consulting hours along with purchase of each report, and this will allow you to request any additional data to customize the report to your needs.

Key Takeaways from this Report
  • Evaluate market potential through analyzing growth rates (CAGR %), Volume (Units) and Value ($M) data given at country level – for product types, end use applications and by different industry verticals.
  • Understand the different dynamics influencing the market – key driving factors, challenges and hidden opportunities.
  • Get in-depth insights on your competitor performance – market shares, strategies, financial benchmarking, product benchmarking, SWOT and more.
  • Analyze the sales and distribution channels across key geographies to improve top-line revenues.
  • Understand the industry supply chain with a deep-dive on the value augmentation at each step, in order to optimize value and bring efficiencies in your processes. 
  • Get a quick outlook on the market entropy – M&A’s, deals, partnerships, product launches of all key players for the past 4 years. 
  • Evaluate the supply-demand gaps, import-export statistics and regulatory landscape for more than top 20 countries globally for the market. 

  • "We also publish more than 100 reports every month in “Automation and Instrumentation”, Go through the Domain if there are any other areas for which you would like to get a market research study."

Location: United States

Lithium Ion Battery Market - Forecast(2021 - 2026)

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  Lithium Ion Battery Market Overview 


The global lithium-ion (Li-ion) market size was around $35 billion to $40 billion as of 2018, and the demand will be incrementing at a positive CAGR of 13% to 18% during the forecast period of 2019 to 2025. The Asia-Pacific region is the most lucrative lithium-ion battery marketplace, grabbing around 35% to 40% of the total demand share as of 2018. Despite of a wide range of applications in electrical, manufacturing, renewable energy storage, healthcare, and industrial sectors, the automotive sector is the key application for the lithium-ion battery. The lithium-ion battery market in the automotive sector is projected to increase at a tremendous CAGR of 20% to 24% during the aforementioned forecast period. 


Lithium Ion Battery Market Outlook 

Lithium-ion batteries refers to the rechargeable or secondary batteries mostly used in consumer electronics products such as laptops, mobiles, and other portable electronic devices. The lithium-ion battery has multiple sub-types such as the aqueous lithium-ion battery, nickel manganese cobalt oxide battery, and lithium-ion phosphate battery. Such subdivisions in the specification of the lithium-ion battery have induced the innovation in divergent types of products in the lithium-ion battery marketplace.  

Lithium Ion Battery Market Growth Drivers

  • The lithium-ion battery market boom is owing to the growing emphasis on electric vehicles throughout the world. The automotive sector uses the lithium-ion battery at multiple stages of the production line of the vehicle. 
  • The innovation of the Internet of Things (IoT) is working to connect almost each and every electrical device to the internet. All of these devices will be using numerous amounts of lithium-ion batteries as a power source. Additionally, Artificial Intelligence is anticipated to be the largest emerging technology for the decade. This universal adoption of AI is going to introduce a countless number of electrical devices which are expected to advocate the market growth in the lithium-ion market.    


Lithium Ion Battery Market Trends

The Wanxiang Group from China bought the U.S. based company A123 Systems. A123 Systems is a provider of automotive lithium-ion solutions at a global level. The Chinese company bought the A123 System to fulfill the contracts they have signed with five Chinese auto car makers to produce the new mild hybrid 48-volt lithium-ion battery.

Lithium Ion Market

Lithium Ion Battery Market Challenges

  • The effective and efficient designs in the manufacturing of lithium-ion batteries for the electric vehicles is still a challenge for the OEMs. This is still a challenge because the industry lacks real data from merely a few million electric vehicles running on the road. The absence of expansive data and standard operating procedures from the automotive sector is refraining the lithium-ion battery market. This challenge could be tackled by the introduction of increased electric vehicles on the road. 
  • The maintenance of voltage and circuit within safe levels and protection of the circuit at the time of transportation is also one of the challenges in the lithium-ion market. Bad handling of these batteries often results in damaged circuits owing to the sensitive parts incorporated in the lithium-ion battery. Improved packaging and optimized transportation could improvise the conditions in the lithium-ion market.


Key Players in the Lithium-ion Battery Market

Some of the key players reigning the global lithium-ion battery market are:- BYD Company, LG Chem, Panasonic, Samsung SDI, BAK Group, GS Yuasa, Hitachi, Johnson Controls, Toshiba, Lithium Werks, CALB, Saft Groupe, VARTA Storage, Farasis Energy, and Sila Nanotechnologies.


Lithium-ion Battery Market Research Scope: 

The base year of the study is 2018, with forecast done up to 2025. The study presents a thorough analysis of the competitive landscape, taking into account the market shares of the leading companies. It also provides information on unit shipments. These provide the key market participants with the necessary business intelligence and help them understand the future of the lithium-ion battery market. The assessment includes the forecast, an overview of the competitive structure, the market shares of the competitors, as well as the market trends, market demands, market drivers, market challenges, and product analysis. The market drivers and restraints have been assessed to fathom their impact over the forecast period. This report further identifies the key opportunities for growth while also detailing the key challenges and possible threats. The key areas of focus include the types of lithium-ion battery market, and their specific applications in different types of vehicles.

Lithium Ion Battery Market Report: Industry Coverage 

The lithium-ion battery market is segmented based on material type into cathode, anode, electrolytic solution, and others such as separators, binders, and foils. Based on application it is classified into electronics, automotive, industrial and others including energy, medical and military. Forecast period that is being looked upon is 2019-2025.




The lithium-ion battery market report also analyzes the major geographic regions as well as the major countries in these regions. The regions and countries covered in the study include:
  • North America: The U.S., Canada, Mexico
  • South America: Brazil, Venezuela, Argentina, Ecuador, Peru, Colombia, Costa Rica
  • Europe: The U.K., Germany, Italy, France, The Netherlands, Belgium, Spain, Denmark
  • APAC: China, Japan, Australia, South Korea, India, Taiwan, Malaysia, Hong Kong
  • Midadle East and Africa: Israel, South Africa, Saudi Arabia

"We also publish more than 100 reports every month in “Electronics”, Go through the Domain if there are any other areas for which you would like to get a market research study."

Location: United States

3D Printing in Healthcare Market - Forecast(2021 - 2026)

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3D Printing in Healthcare Market Overview

The 3D printing in Healthcare Market is forecast to reach $2.5 billion by 2026, growing at a CAGR of 17.75% from 2021 to 2026. 3D printing is a process in which materials are joined or hardened under the control of a computer to create a 3D object, with material being added together (such as liquid molecules being fused together). 3D printing is used in both rapid prototyping and additive manufacturing. The shape or geometry of an object can be of any type and is produced typically using digital model data from a 3D model or other electronic data source. The increasing adaptation of 3D printing technologies into healthcare helps the market to grow at a high rate. The increasing adoption is because of the wide spectrum of 3D printing applications in healthcare. In 2020, printers have dominated the market share in terms of revenue, and the market is estimated to grow at a CAGR of 16.1% throughout the forecast period.


Report Coverage

The report: “3D Printing in Healthcare Market– Forecast (2021-2026)”, by IndustryARC covers an in-depth analysis of the following segments of the 3D Printing in Healthcare Market.
By Technology : Laser Beam Melting (LBM), Electron Beam Melting (EBM), Photo Polymerization, Droplet Deposition, Laminated Object Manufacturing, Wax Deposition Modeling, Bio Printing..
By Type: Selective Laser Sintering (SLS), Thermal Inkjet Printing (TIJ), Fused Deposition Modeling (FDM), Stereo Lithography (SLA), Binder Jetting (BJ), Material Jetting.
By Material : Donor Cells, Plastics, Photopolymers, Metals, Ceramics, Bone Cement, Polylactic Acid (PLA), Others.
By Application : Prosthetics, Surgical Implants, Hearing Aids, Dental Implants, Tissue Engineering, Drug Screening, Surgical Guides, Medical Components, Others.
By Geography : North America (U.S, Canada, Mexico), South America(Brazil, Argentina and others), Europe (Germany, UK, France, Italy, Spain, Russia and Others), APAC(China, Japan India, SK, Aus and Others), and RoW (Middle east and Africa).

Key Takeaways

  • Metal 3D printing is a precise and cost-effectual method for the manufacturing of template components and as an end components for use in different environments, without the investment in time and money of conventional tooling.
  • Rising demand for implant customizations during surgical procedures coupled with growing R&D investments is also driving the global 3D Printing in healthcare market.
  • One of the major challenges in the global 3D Printing in Healthcare Market is the high cost of 3D printers.
  • Lack of skilled professional and stringent government regulations are challenging the growth of the market.

3D Printing in Healthcare Market Segment Analysis - By Type

SLS Printing has dominated the 3D Printing in Healthcare Market as compared to the other types. SLS Printer uses powdered material as the substrate for printing new objects. A laser draws the shape of the object in the powder, fusing it together. Then a new layer of powder is placed and the process repeats building each layer one by one to form the object. Laser sintering is used to create plastic, metal and ceramic objects. The degree of detail is limited only by the accuracy of the laser and the quality of the powder, so it is possible to create detailed and delicate structures with this type of printer. Fused Deposition Modeling printers are more common and inexpensive than the Selective Laser Sintering printers. However their applications are currently limited.

3D Printing in Healthcare Market Segment Analysis - By Applications

The applications include the medical uses such as, organ fabrication, anatomical models, and creation of customized prosthetics, drugs and tablets and many more. The end users include Prosthetics, Medical Components, Tissue Engineering, Hearing Aids, Surgical Guides, Dental Implants, Drug Screening and many more. 3D printing has been used by the manufacturing industry for decades to produce product prototypes. Many manufacturers use large, fast 3D printers called rapid prototyping machines to create models and molds. This is mainly owing to shorter treatment times, less invasive, Less post-operative strain which are contributing to the growth of this segment.


3D Printing in Healthcare Market Segment Analysis - By Geography

North America is the leading market in the 3D Printing in Healthcare Market with 39% of the total share and it is followed by Europe. U.S. is majorly contributing towards to the development and increasing share in Americas market. In Americas regions, the Stereo lithography (SLA) is a leading technology majorly adopted in 3D printing market. With the improvement of a variety of processes in 3D printing technology in healthcare, SLA has continued to surpass its initial application in modeling and prototyping. The technology is capable to design highly complex and individually designed geometrics. 3D Printing in Healthcare Market in the Asia Pacific region is growing at a significant pace due to rising adoption of 3D Printing across applications in APAC market. Plastic materials used in 3D printing in healthcare are projected to grow at an impressive rate, it is expected that the total plastics shipped for medical printing purposes would be over 570 tons in 2020.

3D Printing in Healthcare Market Drivers

Rising Number of Applications for 3D Printing

One of the main drivers in the global 3D Printing in Healthcare Market is the growing use of this technology in many applications like transplantation, drug delivery, 3D printed organs and many others in the healthcare industry. Rising demand for implant customizations during surgical procedures coupled with growing R&D investments is also driving the global 3D Printing in healthcare market. The increasing adoption is because of the wide spectrum of 3D printing applications in healthcare. The rising number of applications combined with declining cost of 3D Printing and printers will spur the growth of 3D Printing market.

New Technological Advancements drives Adoption of 3D Printing in Healthcare

Technological advancement helps to focus on developing new 3D-printed products which increases the demand for 3D printing in the healthcare industry some factor driving the growth of the market. Moreover, increasing research and development activities helps to develop new treatments for multiple diseases are contributing to the growth of 3D Printed Medical Devices Market. Engineers from Pohang University of Science and Technology, South Korea have successfully developed “bio-blood-vessels” from a 3D printer using material extracted from the human body as a template. These blood vessels are also capable of acting as drug carriers that will release the drug into its inserted surroundings thereby increasing the likelihood of a successful implant. Spanish Scientists from the Universidad Carlos III de Madrid, Spain, Center for Energy, Environmental and Technological Research (CIEMAT), Hospital General Universitario Gregorio Marañón, in collaboration with the firm BioDan Group, Spain, have presented a prototype for a 3D bioprinter that can create totally functional human skin. This skin is adequate for transplanting to patients or for use in research or the testing of cosmetic, chemical, and pharmaceutical products. Such advancements are expanding the scope of 3D Printing in healthcare and are thereby driving the market.

3D Printing in Healthcare Market Challenges

High Cost of 3D Printing

One of the major challenges in the global 3D Printing in Healthcare Market is the high cost of 3D printers. Technologies like stereolithography, laser beam, electron beam, photopolymerization and droplet deposition techniques are way too costly. Business and Industrial printers which are typically used in healthcare sector cost around $10,000 and thus present a major hurdle for facilities to adopt. While the 3D Printed products can reduce the price of the final products significantly and improve efficiency, the high cost of 3D Printers remains a major obstacle to their adoption.

Market Landscape

Product launches, acquisitions, and R&D activities are key strategies adopted by players in the 3D Printing in Healthcare Market. Hewlett Packard , Medical Molding Inc., Proto Labs, 3D Systems, Stratasys, SLM Solutions, Nano Dimension and ExOne are considered to be the key players of the 3D Printing in Healthcare Market.


Acquisitions/Technology Launches/Partnerships

  • In February 2018, Johnson & Johnson announced the launch of 3D bio print center of excellence. This new facility is established due to collaboration between the medical device and pharmaceutical giant, AMBER (Advanced Materials and Bioengineering Research) and Johnson & Johnson. The Centre has been operational by July-2019 and the facility will carry out various orthopedics research projects.
  • Engineers from Pohang University of Science and Technology, South Korea have successfully developed “bio-blood-vessels” from a 3D printer using material extracted from the human body as a template. These blood vessels are also capable of acting as drug carriers that will release the drug into its inserted surroundings thereby increasing the likelihood of a successful implant.

  • "We also publish more than 100 reports every month in “Lifesciences and Healthcare”, Go through the Domain if there are any other areas for which you would like to get a market research study."


Location: United States

Spectroscopic Personal Radiation Detector (SPRD) Market - Forecast(2021 - 2026)

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 Spectroscopic Personal Radiation Detector Market Overview

Spectroscopic Personal Radiation Detector (SPRD) market was valued $355million in 2019, estimated to grow at a CAGR of 12.27% during 2020-2025. SPRD has been witnessing significant growth in application such as border security, fire safety, custom inspector, police and others. Spectroscopic personal radiation detector has become amongst the most common tool for detecting users, identifying the sources of radiation and others. The increasing advantages of SPRD for identifying radioactive nuclides such as nuclear weapons, dirty bombs, orphaned or purposely masked sources in application such as border security is strengthening the growth of the SPRD market.


Report Coverage
The report: “Spectroscopic Personal Radiation Detector Market Forecast (2020-2025)”, by IndustryARC, covers an in-depth analysis of the following segments of the Spectroscopic Personal Radiation Detector Market.
By Application - Border Security, Fire and Safety, Customs Inspectors, Police, Coast Guard, Transportation, Others.
By Geography - North America, South America, Europe, Asia-Pacific (APAC), Rest of World (RoW).
 
Key Takeaways
  • The spectroscopic personal radiation detector market registered a major share in border security applications in 2019, as it is specifically designed to analyze the radioactive sources such as dirty bombs, or any other masked sources. 
  • The North American market holds major share owing to increase in usage of spectroscopic personal radiation detectors in applications such as border security, customs inspectors and so on.
  • The increasing investments and funding for deployment of next generation radiation detection systems.
  • Adoption of spectroscopic personal radiation detectors for border security and increasing demand for portable radiation detectors is set to drive the market.

Application - Segment Analysis
The border security application is estimated to grow at CAGR of 8.17% during 2019-2025. According to Security Industry Association (SIA), the U.S borders are deploying modern security technology that can be used for entry and exit points throughout the nation’s airports, ports and land borders. The U.S department of Homeland Security are also implementing biometric technologies and spectroscopic personal radiation detection technology that will play a key role in providing persistent surveillance at the border. The rising need to detect the breaches and any other means of masked sources has led to the increasing demand for the spectroscopic personal radiation detector for border security applications.


Geography - Segment Analysis
The North American region is leading the spectroscopic personal radiation detection market in terms of revenue share, and held a 36.7% share in 2019. In North America, the U.S is highly utilizing new technologies for its border security and customs. In the U.S, the Department of Defense (DoD) has reportedly invested $1bn from the army’s personal budget for the adoption of technologies like SPRD. Moreover, the North American countries like the U.S., Canada and Mexico are collaborating to foster and enhance the border security systems. Incidents like these have led to an increase in adoption of spectroscopic personal radiation detectors in applications such as border security and customs and others. This growth is likely to propel the demand for SPRD in North America region.

Drivers – Spectroscopic Personal Radiation Detector Market
  • Evolution of Technology for Border Security
Border management has become an important factor for any country. Most of the developed countries such as the U.S, Germany and so on are widely adopting latest technologies such as biometric authentication, radiation detectors and others for identifying and locating various types of harmful sources or radioactive elements. These factors has led to the increasing demand for spectroscopic personal radiation detectors for locating the unwanted sources such as bombs and also alerts about the radiations that exceed the background level. 
  • Increasing use of Smartphone’s for augmenting the capabilities of SPRD
The increasing usage of smartphone’s has also augmented the capabilities of spectroscopic personal radiation detectors. This has led to the introduction of spectroscopic personal radiation detector with Bluetooth-enabled to wirelessly send data a short distance to the user’s smartphone. The advancement in technology that is the rise of 3G/4G cellular network has enhanced the capabilities of spectroscopic personal radiation detector to remotely send commands and alert about the harmful radioactive nuclides. Moreover, majority of the vendors are focusing to introduce and design innovative radiation detection systems for detect, locate, quantify and identify radioactive sources. These key drivers will further propel the growth of the SPRD’s market.

Challenges – Spectroscopic Personal Radiation Detector Market
  • Detection of Nuclear Threats
The major limitation that is affecting the use of spectroscopic personal radiation detectors is that the neutron detectors used in SPRDs are small and are not highly sensitive. This neutron detectors are not able to detect plutonium that might cause nuclear threat in sensitive areas such as border areas, fire and safety and others. These key challenge can hinder the growth of the spectroscopic personal radiation detector market.

Market Landscape
Technology launches, acquisitions and R&D activities are key strategies adopted by players in the Spectroscopic Personal Radiation Detector market. In 2019, the market of Spectroscopic Personal Radiation Detector has been consolidated by the top ten players – Thermofisher, Polimaster, FLIR Systems, Radcomm, Mirion Technologies, Laurus Systems, Meditron, Kromek Group plc, Berkeley Nucleonics Corporation, ADM Nuclear Technologies and JRT Associates.


Acquisitions/Technology Launches
  • In 2018, FLIR launched the latest addition in its series of solutions that is FLIR identiFINDER R200-GN spectroscopic personal radiation detector (SPRD). This new product detects neutrons, and also identifies the gamma radiation. This detector allows front-line responders to determine the type of radiation and the threat associated from the radiation. 
  • Thermo fisher Scientific launched a new radiation detector in August 2019.This radiation detector is a part of the RadEye SPRD-ER Spectroscopic Personal Radiation Detector which is frequently used for identification by police officers, firefighters, and hazmat specialists. This radiation detectors are also highly reliable and is capable of detecting at high range challenging environment.

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Location: United States
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