Renewable Energy

Solar Pumps Market – Overview, Trends And Predictions, 2015 To 2022


Medical Devices

Diabetic Retinopathy Market – Outlook, Trends AndPredictions, 2015 To 2022

Diabetic retinopathy refers to an eye disorder that injures the retina’s blood vessels. The light-sensitive interior eye surface on which images are produced is known as the retina. Diabetes can impact the retina in the long run. This is owing to high levels of blood glucose injuring the retina’s small blood vessels. The management of diabetic retinopathy relies on the phase of the illness. It is led forward to hinder or prevent the disease from advancing further. Anti-VEGF drugs, laser surgery and vitrectomy are some of the treatments available.

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Rising diabetes cases around the world are expected to steer further demand for the diabetic retinopathy market. The worldwide market was predicted to have collected an income worth around 5, 934 million in 2014. It is projected to rise at about 6.8 percent CAGR through the forecast phase. Growing blindness cases triggered by diabetes also further the market.

The diabetic retinopathy market includes screening of the retina and choice of treatment based on how severe the condition is.Moreover, augmenting population of the elderly is also estimated to improve the applicability of the market, thus propelling the same. Financialsustainability on account of 11 percent worldwide medical expenses in the management and prevention of this illness is a primary driver for emergent regions to endorse the diabetic retinopathy market.


The various categories into which the diabetic retinopathy market is divided are treatments, kinds and geographies. The treatments market consists of intraocular steroid injections, anti-VEGF treatment, vitrectomy and laser surgery.

The market, on account of kinds, is segmented into non-proliferative diabetic retinopathy and proliferative diabetic retinopathy. The geographies diabetic retinopathy market is fragmented on the basis of Europe, rest of the world, North America and Asia Pacific.


The treatments diabetic retinopathy market is likely to be dominated by the anti-VEGF sector. This sector is predicted to occupy the biggest share through the forecast phase. This is due to connected attributes, such as quicker recuperation and improved treatment. The kinds diabetic retinopathy market was dominated by the sector of non-proliferative diabetic retinopathy in 2014. This sector made up for the biggest share. This was on account of several patients within an illness history of less than ten years.

Growing diabetes cases, non-compliant screening of retina and falling short of exact detection are the drivers of the non-proliferative diabetic retinopathymarket sector. Proliferative diabetic retinopathy is estimated to experience profitable expansion in the future.This expansion is expected owing to the rising population of old people entering the proliferative phase of retinopathy. The geographies diabetic retinopathy market was leaded by North America in 2014. The region occupied the biggest share.

This was due to increasing diabetes cases, rising demand for the untimely diagnosis of diabetic retinopathy and favorable reimbursement amenities. Huge infiltration of anti-VEGF drugs in markets is a prime factor adding revenue to this region. The Europeandiabetic retinopathy market followed North America and produced the second biggest income. It was propelled forward by amplified consciousness among patients. The developing countries of Asia Pacific are anticipated to undergo significant expansion through the forecast phase.

This is because of the intensifying old population, growing disposable incomes and boosting research subsidies for diabetes.

Diabetic Retinopathy Market

Information Source: Grand View Research

Clinical diagnostics

HIV Diagnostics Market – Outlook, Trends And Forecasts, 2015 To 2022

HIV, also known as human immune deficiency virus, spreads through sexual contact with an HIV-infected person. It is the virus that causes AIDS, a condition wherein the body losses its immunity towards infectious diseases and succumbs to them. The HIV diagnostics market deals with all such medical instruments and tests that are utilized to detect whether a person has contracted HIV/AIDS. HIV is found in blood and other body fluids. The worldwide market is estimated to expand to about USD 4.5 billion by the end of 2022.

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The vital component which is responsible for the expansion of the HIV diagnostics market includes rising requirement for the development of more sensitive point of care tests for HIV detection. These tests can be simply adopted at the site of patient care in resource restricted settings. Technological upgradation of tests which is estimated to bring forth various point of care and novel rapid tests during the forecast phase is another prime factor, positively impacting the HIV diagnostics market.

Moreover, governmental programs and crusades against HIV and worldwide medical attempts towards reducing illnesses are likely to serve as future prospects for the market. Huge unmet needs in the Eastern and Middle Eastern regions of the world also act as future growth opportunities for the HIV diagnostics market. The worldwide market was anticipated at around USD 2, 173 million in 2014. It is likely to expand at about 9.5 percent CAGR through the forecast phase.

Rising HIV population, developments in medical technologies and growing awareness regarding HIV/AIDS are the other critical factors that push further development of the HIV diagnostics market. Shortage of medical labs with advanced facilities and scarcity of skilled medical experts capable of performing routine tests are the two main factors which prevent the market from developing further. Augmented need for easily available, fast HIV and effective diagnostics tests is also expected to propel the sales of the HIV diagnostics market.

The anticipated boost in product offerings to the worldwide market is also poised to support the sales of the market. Laboratory restrictions come in the way of the HIV diagnostics market. Intensifying promiscuous behavior involving multiple partners and growing ‘high risk category’ population also amplify the utilization of HIV diagnostics. This factor also drives further demand for the market.

Significant Findings

HIV diagnostic tests involving the detection of antibodies to HIV occupied the biggest share in 2014. This big share can be credited to the high infiltration rates of HIV tests, such as Elisa, Rapid, Western Blot in theHIV diagnostics market. These tests are very accurate and sensitive and are utilized for the testing and confirmation of HIV. CD4 and Viral Load Testing also captured significant shares in 2014.

Rising HIV diagnostic products are estimated to further the sales of the HIV diagnostics market.North America held the biggest share in 2014. It leaded the worldwide market. This was in view of supportive repayment policies for HIV and other communicable diseases. The Asian Pacific HIV diagnostics market is projected to augment more rapidlythan the North American region through the forecast phase.

HIV Diagnostics Market

Information Source: Grand View Research

HVAC & Construction

Electric Water Heaters Market – Outlook, Trends And Predictions, 2015 To 2022

The worldwide electric water heaters market is expected to experience decent expansion in the years ahead. This is on account of rising residential projects across the world. The market is estimated to achieve about USD 29 billion by the end of 2022. Augmented commercial projects around the globe are also likely to steer further demand for the market. Boosting demand for tankless water heaters and increasing disposable incomes are also predicted to drive the sales of the electric water heaters market.

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Electric water heaters have certain features which work in favor of the market and propel its growth. Some of these include enhanced ecological sustainability, energy effectivity and control of temperature over lengthier periods. Growing demand for electric water heaters in household applications, like cleaning, preparing food and bathing is also projected to further the electric water heaters market. Apart from these, accelerated demand for electric water heaters in commercial places, such as hotels and hospitals might also drive the sales of themarket.

Enhanced infrastructure in rustic regions is projected to open development opportunities for participants of the electric water heaters market. The market is categorized by amplified quality standards, safety consciousness and energy effectivity. Shortage of electricity and variations in electric supply are anticipated to hamper market growth. Other than these, implementation of hybrid products and acceptance of substitute fuels are also estimated to prevent further progress of the electric water heaters market.

Augmenting electricity prices, alterations in governmental regulations and unpredictability in the prices of unprocessed materials are the other factors which slow down further development of the market. The worldwide electric water heaters market is fragmented in view of three categories. These include products, applications and regions. These are explained below.

Products Insights

The products electric water heaters market is segmented on the basis of tankless products and storage tanks. The worldwide market is displaying increased shift towards tankless products from the latter. However, storage tanks are estimated to be the most vital product during the forecast phase. They are utilized in regions with restricted supply of electricity, which facilitates people’s constant accessibility to hot water. Tankless products don’t possess storage tanks and supply hot water by warming water on demand.

Applications Overview

Theapplications electric water heaters market includes commercial and residential. Rising demand for electric water heaters across both these sectors is also anticipated to steer the market forward through the forecast phase. Commercial applications include water heaters in hospitals, hotels, apartments and business. Expansion in commercial applications is also projected to drive the electric water heaters marketfurther in the future. Residential applications of water heaters include bathing, cooking, cleaning and space heating. Residential is expected to remain a vital application in the years ahead.

Regions Outlook

Asia Pacific is estimated to be the biggest electric water heaters market through the forecast phase. This is on account of the developing regions of India and China. Both these nations account for majority of the profits in the Asian Pacific market. The North American electric water heaters market is also predicted to undergo further development owing to rising substitute demand.

Electric Water Heaters Market

Information Source: Grand View Research