Wearable Technology Market – Global Scenario, Trends, Industry Analysis, Size, Share And Forecast, 2012 – 2018

According to a new market report published by Transparency Market Research “Wearable Technology Market  Global Scenario, Trends, Industry Analysis, Size, Share and Forecast, 2012 2018,” the global wearable technology market stood at USD 750.0 million in 2012 and is expected to reach USD 5.8 billion in 2018, at a CAGR of 40.8% from 2012 to 2018. North America is expected to maintain its lead position at 43.0% of the global wearable technology revenue share in 2018 followed by Europe.

Browse the full report at http://www.transparencymarketresearch.com/wearable-technology.html 

Wearable technology market is in early stage of evolution with growing adoption in various end-use segments such as fitness and wellness, healthcare and medical, industrial and military and infotainment sectors. Wearable fitness and wellness products include smart clothing, activity monitors, sleep sensors and others; whereas the infotainment segment includes smart watches, smart glasses and heads-up displays among others. On the other hand, products like continuous glucose monitors (CGM), drug delivery, and wearable patches are being predominantly used in healthcare and medical sector. Hand worn terminals, heads-up displays and other such products are being used in the industrial and military settings.

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Among all the wearable technology end use segments, the healthcare and medical segment held the largest revenue share followed by fitness and wellness in 2012. However, in 2018, the infotainment segment is expected to surpass the fitness and wellness segment driven by robust growth of smart watches and smart glasses. The healthcare and medical segment accounted for about 35.1% of the overall wearable technology market in 2012 primarily due to the rising aging population and increase in diabetic population.

Wearable technology is driven by factors like compactness, portability and easy use along with the multi-functionality and increasing applications of these products in various sectors. The increasing adoption of such technically advanced products among youth coupled with increasing demand for real time and actionable data will also fuel the growth of the wearable technology market. However, factors including high price and lack of consumer awareness are expected to hinder the market growth.

North America led the wearable technology market growth with high adoption rate and better consumer awareness in the region. The North America region contributed over 2/5th of the global wearable technology market revenue and will consolidate its lead position during the forecast period. Europe and Asia Pacific region will collectively account for about 49% of the market revenue by 2018.

Browse the full report with TOC at http://www.transparencymarketresearch.com/wearable-technology.html

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Omega-3 Ingredients Market (EPA/DHA) Will Cross USD 4,000 Million in 2018

According to a new market report published by Transparency Market Research  ”Global Omega 3 (EPA/DHA) Ingredients Market – Industry Analysis, Market Size, Share, Growth and Forecast, 2010 – 2018,” the global omega 3 ingredients demand was estimated to be worth USD 1,595.1 million in 2010 and is expected to cross USD 4,000 million in 2018, growing at a CAGR of over 15% from 2013 to 2018. In the overall global market, North America is the largest market for omega 3 products, although Asia Pacific is expected to be the most promising market in the near future.

Browse the full report at http://www.transparencymarketresearch.com/global-omega-three-market.html

The demand for PUFA (Polyunsaturated Fatty Acids) has witnessed a significant increase over the last three years, particularly due to their benefits as cholesterol lowering agents. The global market for omega 3 ingredients is driven by increasing consumer interest in functional food and fortified products, increasing consumer awareness regarding cholesterol control, advancement in technology and health benefits associated with the ingredients. Further, the market will be driven by increasing regulatory policies.

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However, variations in consumer perception, low awareness about omega 3 in developing countries, labeling and claim issues, and the rising prices of raw materials, are expected to constrain the market over the coming few years.

In terms of applications, the market is dominated by functional foods & supplements, accounting for over 60% of the total ingredient demand in 2010. Pharmaceuticals and infant formulas are expected to be some of the fastest growing applications for omega 3 ingredients.

The major geographic markets for omega 3 ingredients include North America, which accounted for 35% of consumer sales and Asia Pacific which is expected to replace North America and occupy the top position by 2018. Growth in the markets of Asia Pacific region is mainly driven by the rise in annual income and also by dietary choice. Asia Pacific is also expected to be the fastest growing market due to the trend of healthy eating and rising domestic awareness.

Some of the major players in this market are Arista Industries, DSM, Copeinca ASA, BASF, and Croda International PLC, Epax, Marine Nutraceuticals, NuMega, Omega Protein and others.

This report is designed to indentify the performance of the omega 3 ingredients market. The report segments the ingredients into two different types – DHA and EPA, providing information in terms of volumes and revenues from 2010 to 2018 along with their market attractiveness, defined by low, medium and high parameters. This research report provides in depth analysis of the omega 3 ingredients market by geography covering North America, Europe, Asia Pacific and rest of the world.

This report also provides segmentation of the market by application, including nutritional supplements, food and beverages, infant formula, pet food and pharmaceuticals. The market is analyzed by the forecast and estimations of revenues and volumes from 2010 to 2018.
Some of the major players profiled in this report are BASF, DSM, Vega Nutritionals Ltd, Omega Protein Corp, Horizon Organic, Croda International PLC, Copeinca ASA and Arista Industries along with their market share. The report also provides a complete outline of the profiled companies by financial overview, business strategy and recent developments.
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