March 2020 – Page 16 – Market Research Insights

Connected Living Room Market Estimated To Reach USD 70.67 Billion By 2025: Grand View Research Inc.

San Francisco, 3 March 2020: The Report Connected Living Room Market Size, Share & Trends Analysis Report By Device Type (Smart TVs, Smart Speakers, Gaming Consoles), By Application (Video Streaming, Audio Streaming, Gaming), And Segment Forecasts, 2019 – 2025

The global connected living room market size is projected to reach USD 70.67 billion by 2025, expanding at a CAGR of 8.6% over the forecast period, according to a new report by Grand View Research, Inc. The increasing adoption of smart TVs and smart speakers is expected to drive the growth.

The smart TVs have evolved drastically in recent years with increased connectivity and accessibility to various applications and platforms. The wireless connectivity has enlarged the televisions compatibility with a large number of complimentary devices such as smartphones and tablet PCs. This has further helped integrate various other devices with the large screen comfort of a smart TV.

The video streaming application segment is expected to lead the connected living room market over the forecast period as increasing number of households continue to subscribe for video-on-demand services. Video streaming has revolutionized the entertainment industry and video-on-demand is emerging as a potential substitute to conventional television broadcasts. At the same time, the growing trend of streaming live videos over social media and other platforms is underlining the importance of connected devices and making it evidently necessary for the masses to get acquainted with these devices. These factors are expected to continue propelling the growth of the market over the forecast period.

Asia Pacific is estimated to dominate the connected living room market over the forecast period. The number of smartphone users in the region is rising continuously as communication networks continue to strengthen and the youth population continues to increase. Moreover, the demand for smartphones, gaming consoles, and tablet PCs in the region is growing as the popularity of social media platforms among the youth population continues to grow. All these factors bode well for the regional market.

Access Research Report of Connected Living Room Market @ https://www.grandviewresearch.com/industry-analysis/connected-living-room-market

Further key findings from the study suggest:

North America audio streaming segment was valued at USD 1.74 billion in 2018 and is expected to reach USD 3.11 billion by 2025, at a CAGR of 8.0% over the forecast period
Canada smart speakers segment is expected to reach USD 0.11 billion by 2025, registering the highest CAGR of 12.6% from 2019 to 2025
The launch of smart speakers with artificial intelligence that can be integrated with other devices is expected to drive the growth of the connected living room market over the forecast period
German video streaming segment is expected to reach USD 3.60 billion by 2025
Mexico tablets application market is expected to reach USD 0.06 billion by 2025

Browse more reports of this category by Grand View Research at: https://www.grandviewresearch.com/industry/electronic-devices

Grand View Research has segmented the global connected living room market on the basis of device type, application, and region:

Connected Living Room Device Type Outlook (Revenue, USD Billion, 2015 – 2025)

Smart TVs
Gaming Consoles
PC/Laptop
Smart Speakers
Smartphones
Tablets

Connected Living Room Application Outlook (Revenue, USD Billion, 2015 – 2025)

Video Streaming
Audio Streaming
Gaming

Connected Living Room Regional Outlook (Revenue, USD Billion, 2015 – 2025)

North America
Europe
Asia Pacific
Latin America
MEA

Access Press Release of Connected Living Room Market @ https://www.grandviewresearch.com/press-release/global-connected-living-room-market

About Grand View Research

Grand View Research, Inc. is a U.S. based market research and consulting company, registered in the State of California and headquartered in San Francisco. The company provides syndicated research reports, customized research reports, and consulting services. To help clients make informed business decisions, we offer market intelligence studies ensuring relevant and fact-based research across a range of industries, from technology to chemicals, materials and healthcare.

For More Information: www.grandviewresearch.com

Electric Vehicle Charging Infrastructure Market To Bolster The Industry Growth To Reach USD 111.75 Billion By 2027: Grand View Research Inc.

San Francisco, 3 March 2020: The Report Electric Vehicle Charging Infrastructure Market Size, Share & Trends Analysis Report By Charger Type (Slow, Fast), By Connector (CCS, CHAdeMO), By Application, By Region, And Segment Forecasts, 2020 – 2027

The global electric vehicle charging infrastructure market size is expected to reach USD 111.75 billion by 2027, expanding at a CAGR of 32.0% over the forecast period, according to a new study conducted by Grand View Research, Inc. The increasing focus of global economies on developing supporting infrastructure for accelerating the adoption of Electric Vehicles (EVs) is contributing to the growth. Various government agencies are entering into partnerships with each other to develop highway electric charging stations. For instance, in U.S., the Washington State Department of Transportation has partnered with the Oregon Department of Transportation to construct the West Coast Electric Highway (WCEH) that consists of 57 EV charging stations across Oregon and Washington. Similarly, several governments are jointly developing intra-continental networks of highway charging stations.

Various OEMs such as Delta Electronics, Inc.; Enel X; and Ecotap BV; among others; are focusing on the development of solar-powered electric vehicle charging stations. For instance, under the Honda SmartCharge program, Enel X is currently working on the development of solar-powered charging station in Hawaii (U.S.) in partnership with the Hawaiian Electric Company, Inc. Furthermore, various companies are working on upgrading Electric Vehicle Supply Equipment (EVSE) to make them more convenient for long-distance travel. Some of the manufacturers such as Tesla, Inc. and Nissan are focusing on providing compatibility for their electric vehicles for public charging networks. For instance, Nissan in November 2019, announced that buyers of new Nissan LEAF and Nissan LEAF would be able to charge their vehicles across EVgo’s charging network that comprises 750 public charging stations.

Unlike the traditional Internal Combustion Engine (ICE) vehicles that are typically refueled at gas stations, EVs can be recharged at multiple locations, such as private charging networks, at residence, or commercial charging stations. However, overnight residential charging is insufficient for covering long distances and sparing hours to charge the vehicle during a voyage is not presumed as a good idea. These situations can eventually discourage the use of electric vehicles. Therefore, companies are now deploying EV chargers at public places, such as commercial buildings, shopping centers, airports, and restaurants to aid users traveling long distances.

Access Research Report of Electric Vehicle Charging Infrastructure Market @ https://www.grandviewresearch.com/industry-analysis/electric-vehicle-charger-and-charging-station-market

Further key findings from the study suggest:

Fast charger is anticipated to emerge as the fastest-growing segment over the forecast period owing to increasing focus of companies on deploying high-end devices to provide electric vehicle owners with long distance travelling capability
Combined Charging System (CCS) connectors is anticipated to emerge as the fastest-growing connecter segment over the forecast period owing to the adoption by higher number of automobile manufacturers
Commercial segment is anticipated to gain traction owing to the rise in the deployment of fast charging stations across highways, hotels, shopping malls, and public parking facilities
Leading automakers are observed investing heavily in promoting EV charging infrastructure. For instance, in November 2017, BMW, Daimler, Ford, and Volkswagen Group, together announced an investment plan for the development of 400 charging sites across Europe
Asia Pacific is expected to expand at the highest CAGR from 2020 to 2027 due to significant growth in electric vehicle sales and extensive deployment of EV chargers in countries, such as China and Japan
Key players operating in the electric vehicle charging infrastructure market include ABB Ltd.; AeroVironment Inc.; ABB; BP Chargemaster; ChargePoint, Inc.; ClipperCreek; Eaton; GENERAL ELECTRIC; Leviton Manufacturing Co., Inc.; SemaConnect, Inc.; Schneider Electric; Siemens; Tesla, Inc.; and Webasto

Browse more reports of this category by Grand View Research at: https://www.grandviewresearch.com/industry/automotive-and-transportation

Grand View Research has segmented the global electric vehicle charging infrastructure market based on charger type, connector, application, and region:

Electric Vehicle Charging Infrastructure Charger Type Outlook (Volume, Units; Revenue, USD Million, 2016 – 2027)

Slow Charger
Fast Charger

Electric Vehicle Charging Infrastructure Connector Outlook (Volume, Units; Revenue, USD Million, 2016 – 2027)

CHAdeMO
CCS
Others

Electric Vehicle Charging Infrastructure Application Outlook (Volume, Units; Revenue, USD Million, 2016 – 2027)

Commercial
Residential

Electric Vehicle Charging Infrastructure Regional Outlook (Volume, Units; Revenue, USD Million, 2016 – 2027)

North America
Europe
Asia Pacific

Access Press Release of Electric Vehicle Charging Infrastructure Market @ https://www.grandviewresearch.com/press-release/global-electric-vehicle-ev-charging-infrastructure-market

About Grand View Research

For More Information: www.grandviewresearch.com

Identity and Access Management Market Is Likely To Up Demand At A USD 24.12 Billion By 2025: Grand View Research Inc.

San Francisco, 2 March 2020: The Report Identity And Access Management (IAM) Market Size, Share & Trends Analysis Report By Component, By Deployment (Cloud, Hybrid, On-Premise), By End Use, By Region, And Segment Forecasts, 2019 – 2025

The global identity and access management (IAM) market size is expected to reach USD 24.12 billion by 2025, at a CAGR of 13.1% over the forecast period according to a new report by Grand View Research, Inc. Proliferation of cloud services and Bring Your Own Devices (BYOD) within the organization have raised concerns and provided a potentially gateway for threats. However, IAM has potentially reduced the complexity and risk of managing identities by providing robust controlling access to its user.

Stringent compliance by the government bodies to curb theft of sensitive and identity information has compelled the organizations to substantially improve their spending on IT security. Moreover, the growth of web-based applications, risk management such as policy-based compliance and audit management are anticipated to be the key factors driving IAM demand. Additionally, the growing popularity of connected devices and the Internet of Things (IoT) are expected to create a substantial demand for IAM solutions within organizations.

Adoption of cloud deployment in the sizes of the organization is rapidly growing owing to the cost-effectiveness and flexibility in carrying out the business functions. Moreover, it also offers an organization the opportunity to digitally transform their IT infrastructure, thereby gaining a competitive edge in the market. However, cyberspace networks are increasingly getting vulnerable to cyber and malware attacks. Thus, IAM provides a unified view into security policy coupled with auditing to ease compliance processes within the organization.

In the digitally advanced cyberspace, managing access control and identities for enterprise applications act as one of the significant challenges faced by IT. As on-demand computing services are anticipated to become more prominent, incorporating cloud-based identity services would ensure robust security in the long run.

Moreover, adoption of cloud platforms such as Infrastructure as a Service (IaaS), Platform as a Service (PaaS), and, Software as a Service (SaaS) have necessitated the IT departments to improve the organization’s IAM. Thus, improved IAM practices and processes are expected to help the cloud services provider to deliver robust services and provide scalability for the user. Furthermore, utilizing cloud-based services has put the IT security function as a significant concern for the organization. Thus, enterprises are expected to adopt IAM solutions to curb advanced cyber-attacks over the forecast period.

Access Research Report of Identity and Access Management Market @ https://www.grandviewresearch.com/industry-analysis/identity-and-access-management-iam

Further key findings from the report suggest:

Provisioning component segment accounted for highest market share of 30.71% in terms of revenue in 2018
Multifactor authentication component segment is anticipated to witness the highest CAGR of 17.0% over the forecast period
On-premise deployment segment led the identity and access management market and was valued at USD 5.28 billion in 2018
BFSI end use segment is anticipated to witness the highest CAGR of 14.7% over the forecast period
Asia Pacific is expected to expand at the highest CAGR of 15.6% over the forecast period
Oracle, IBM Corporation, CA Technologies, NetIQ Corporation, HID Global Corporation and others accounting for the majority share of the market in 2018

Browse more reports of this category by Grand View Research at: https://www.grandviewresearch.com/industry/network-security-software-and-services

Grand View Research has segmented identity and access management market on the basis of component, deployment, end-use, and region:

Identity and Access Management (IAM) Component Outlook (Revenue, USD Million, 2015 – 2025)

Audit, Compliance & Governance
Directory Service
Multifactor Authentication
Provisioning
Password Management
Single Sign-On

Identity and Access Management (IAM) Deployment Outlook (Revenue, USD Million, 2015 – 2025)

Cloud
Hybrid
On-Premise

Identity and Access Management (IAM) End Use Outlook (Revenue, USD Million, 2015 – 2025)

BFSI
Energy, Oil & Gas
Telecom & IT
Education
Healthcare
Public sector & utilities
Manufacturing
Others

Identity and Access Management (IAM) Regional Outlook (Revenue, USD Million 2015 – 2025)

North America
Europe
Asia Pacific
Latin America
MEA

Access Press Release of Identity and Access Management Market @ https://www.grandviewresearch.com/press-release/global-identity-access-management-market

About Grand View Research

For More Information: www.grandviewresearch.com

Automotive Air Filters Market Exhibiting At USD 5.4 Billion By 2025: Grand View Research Inc.

San Francisco, 2 March 2020: The Report Automotive Air Filters Market Size, Share & Trends Analysis Report By Product (Intake Filters, Cabin Filters), By Application (Passenger Cars, Commercial Vehicles), By End Use, By Region, And Segment Forecasts, 2019 – 2025

The global automotive air filters market size is expected to reach USD 5.4 billion by 2025, expanding at a CAGR of 4.8%, according to a new report by Grand View Research, Inc. Stringent government regulations related to automotive emissions, coupled with rising fuel-efficient vehicles, are likely to propel market growth.

Increasing global environmental pollution, coupled with stringent environmental regulations implemented by governments and NGOs, is expected to drive the overall market over the forecast period. In addition, initiatives undertaken by associations such as Car Care Council and Environmental Protection Agency are likely to spread awareness about the product among automotive manufacturers across the globe, thereby driving the market growth.

Rising automotive production in developing economies such as India, China, and Indonesia is projected to boost the demand for this product in the automotive industry. In addition, increasing air pollution in the aforementioned countries has resulted in implementation of strict emission regulations, which is further estimated to drive the market.

Major cities across the globe had more particulate concentration than the required values in 2014. This forced governments to advocate the use of efficient emission systems. Therefore, the market is expected to benefit from these government initiatives as air filters are a major contributor toward increasing engine efficiency.

Key market players including Mann+Hummel Holding GMBH; K&N Engineering, Inc.; Cummins Inc.; Mahle GmbH; and Robert Bosch GmbH are engaged in the manufacturing and distribution of a variety of products. In addition, these players are involved in establishing a strong distribution network across the globe by implementing strategies such as mergers, acquisitions, and joint ventures.

Access Research Report of Automotive Air Filters Market @ https://www.grandviewresearch.com/industry-analysis/automotive-air-filters-market

Further key findings from the report suggest:

Cabin filters accounted for a market share of 49.5% in 2018, owing to their usage for maintaining a steady stream of fresh air in the vehicle cabin, coupled with their high frequency of replacement in automobiles
The passenger car application segment dominated the automotive air filters market in 2018 and is estimated to reach USD 2.9 billion by 2025, due to rising demand for the product with growing automotive production across the globe
The aftermarket end-use segment is projected to register notable gains and reach a revenue of USD 4.1 billion by 2025 driven by the replacement of cabin and intake filters on a regular basis as recommended by manufacturers
The Asia Pacific region accounted for a market share of 50.9% in 2018 and is projected to reach USD 2.8 billion by 2025 owing to high automotive production in developing economies such as China, India, and Thailand
Key participants are engaged in R&D activities to design and develop a wide-ranged product portfolio. In addition, the players are focusing on establishing and expanding their distribution networks across the globe.

Browse more reports of this category by Grand View Research at: https://www.grandviewresearch.com/industry/automotive-and-transportation

Grand View Research has segmented the global automotive air filters market on the basis of product, application, end use, and region:

Automotive Air Filters Product Outlook (Revenue, USD Million, 2014 – 2025)

Intake Filters
Cabin Filters

Automotive Air Filters Application Outlook (Revenue, USD Million, 2014 – 2025)

Passenger Cars
Commercial Vehicles
Two Wheelers

Automotive Air Filters End-use Outlook (Revenue, USD Million, 2014 – 2025)

OEMs
Aftermarket

Automotive Air Filters Regional Outlook (Revenue, USD Million, 2014 – 2025)

North America
Europe
Asia Pacific
Central & South America
Middle East & Africa

Access Press Release of Automotive Air Filters Market @ https://www.grandviewresearch.com/press-release/global-automotive-air-filters-market

About Grand View Research

For More Information: www.grandviewresearch.com

Automotive Wiring Harness Market Size Is Expected To Reach USD 77.15 Billion by 2025 : Grand View Research Inc.

San Francisco, 2 March 2020: The Report Automotive Wiring Harness Market Size, Share & Trends Analysis Report By Vehicle, By Component (Electric Wires, Connectors, Terminals), By Application, By Electric Vehicle, By Region, And Segment Forecasts, 2018 – 2025

The global automotive wiring harness market size is expected to reach USD 77.15 billion by 2025 at a 6.2% CAGR during the forecast period, according to a study conducted by Grand View Research, Inc. Rising integration of electronic devices in vehicles has positively affected demand for automotive wiring harnesses. Embedding wiring harness in a vehicle provides numerous benefits such as low probability of electrical shortage, improved fuel efficiency, and enhanced performance. Moreover, employing technologically advanced systems such as infotainment systems and advanced driver assistance systems in vehicles is expected to drive demand over the forecast period.

Increasing adoption of electric vehicles (EVs) in developing regions is also anticipated to drive the automotive wiring harness market as the number of electronic components used in EVs is significantly higher than that in conventional automobiles. Increasing tax benefits and incentives by governments across the globe is also propelling demand for EVs, consequently driving the sales of wiring harnesses.

Demand for automotive wiring harness is directly proportional to increase in vehicle production. Thus, increasing levels of disposable income across developed economies, particularly emerging economies such as India, Brazil, and China, are driving the automotive manufacturing industry, which, in turn, is expected to trigger the growth of the wiring harness industry.

Access Research Report of Automotive Wiring Harness Market @ https://www.grandviewresearch.com/industry-analysis/automotive-wiring-harness-market

Further key findings from the study suggest:

Based on component, the terminals segment is projected to witness the fastest growth over the forecast period, primarily driven by development of advanced technologies in the automotive field, including driver assistance systems and safety features
By application, the chassis segment accounted for approximately 30% of the overall revenue in 2017 as they are used in various vehicle components such as headlamps, fog lamps, and turn indicators
Demand for battery electric vehicles (BEVs) is driven by increase in fossil fuel prices, enforcement of emission laws, and anticipated expansion of charging infrastructure worldwide, all of which is slated to drive the segment by EV
By vehicle type, the light vehicle segment is anticipated to witness the highest CAGR, which is ascribed to increasing production of passenger cars in emerging markets
Asia Pacific leads the worldwide market in terms of automotive production and is anticipated to register significant growth over the forecast period. Rising demand for enhanced safety and convenience features in mid-segment vehicles, coupled with availability of low-cost labor, is spurring sales
Major industry players include Aptiv PLC, Sumitomo Electric Industries, Ltd., Yazaki Corporation, and Leoni AG. Recycling components to attain raw materials and ability to optimize costs through low-cost labor country sourcing are expected to emerge as key success factors for manufacturers in this industry.

Browse more reports of this category by Grand View Research at: https://www.grandviewresearch.com/industry/automotive-and-transportation

Grand View Research has segmented the global automotive wiring harness market based on component, application, electric vehicle, vehicle, and region:

Automotive Wiring Harness Component Outlook (Revenue, USD Million, 2014 – 2025)

Electric Wires
Connectors
Terminals
Others

Automotive Wiring Harness Application Outlook (Revenue, USD Million, 2014 – 2025)

Body
Chassis
Engine
HVAC
Sensors

Automotive Wiring Harness Electric Vehicle Outlook (Revenue, USD Million, 2014 – 2025)

Battery Electric Vehicle (BEV)
Plug-in Hybrid Electric Vehicle (PHEV)

Automotive Wiring Harness Vehicle Outlook (Revenue, USD Million, 2014 – 2025)

Light Vehicles
Heavy Vehicles

Automotive Wiring Harness Regional Outlook (Revenue, USD Million, 2014 – 2025)

North America
Europe
Asia Pacific
North America
Middle East & Africa

Access Press Release of Automotive Wiring Harness Market @ https://www.grandviewresearch.com/press-release/global-automotive-wiring-harness-market

About Grand View Research

For More Information: www.grandviewresearch.com

System Integration Market Size To Reach Value At USD 582.5 Billion By 2025: Grand View Research Inc.

San Francisco, 2 March 2020: The Report System Integration Market Size, Share, & Trends Analysis Report By Service (Infrastructure Integration, Application Integration, Consulting), By End Use, By Region, And Segment Forecasts, 2019 – 2025

The global system integration market size is expected to reach USD 582.5 billion by 2025, at a CAGR of 11.7% over the forecast period according to a study conducted by Grand View Research, Inc. Rising inclination towards cloud computing, demand for virtualization, and concerns over usage of automation and unified approach in business processes are some factors expected to positively impact the growth.

Growth of cloud computing technology coupled with increased government initiatives to encourage prominent vendors to introduce technological advancements and promote the adoption of cloud technology, is also expected to drive the market. For instance, the government of UAE has funded various projects, such as Smart Abu Dhabi and Smart Dubai, aimed at bringing digital transformation and accelerating economic growth. Such initiatives are expected to boost growth of the market in UAE.

The benefits of cloud integration include utility style costing, absence of single point of failure, scalability, location independence, and lack of investments in hardware promotes the acceptance and implementation of cloud integration solutions and services. Thus, various industries, such as financial services and software organizations leverage from cloud computing.

Increased investments by the key market players in system integration solutions, has significantly eliminated redundancies and positively impacted the IT infrastructure. Growing requirement for eliminating multiplicity, heterogeneity, and evolving distinctiveness of important applications and infrastructures is also anticipated to power the system integration market over the forecast period. However, high implementation costs and lack of standardize framework are some of the challenges affecting the market growth.

Access Research Report of System Integration Market @ https://www.grandviewresearch.com/industry-analysis/system-integration-market

Further key findings from the study suggest:

IT and telecommunications accounted for over 15.0% of total market share in 2018 owing to increased penetration of 4G services and growing development of 5G infrastructure that has data-intensive networks and may lead to the high generation of data. Furthermore, growing number of telecom subscribers using smartphones and other handheld devices worldwide is anticipated to positively influence the segment growth, in turn propelling the market growth
Rapid industrialization in various end-use industries and significant presence of SMEs, primarily in South East Asia, is expected to fuel the system integration market in Asia Pacific. Furthermore, rising government initiatives such as subsidies and financial support has also positively impacted the growth of SMEs in Asia Pacific. For instance, the Make in India initiative by the Government of India focuses on providing a 25% grant to SMEs, which is anticipated to fuel the market growth
The market is highly consolidated and characterized by high competition with the presence of major global players such as Accenture; Cisco Systems, Inc.; Capgemini; Fujitsu Limited; Oracle Corporation; Infosys Limited; and HCL Technologies; among others. These players focus on entering into partnerships to enhance their market presence and also to offer enhanced product portfolio

Browse more reports of this category by Grand View Research at: https://www.grandviewresearch.com/industry/communications-infrastructure-systems-and-software

Grand View Research has segmented the global system integration market based on services, end use, and region:

System Integration Services Outlook (Revenue, USD Billion, 2014 – 2025)

Infrastructure Integration
Application Integration
Consulting

System Integration End Use Outlook (Revenue, USD Billion, 2014 – 2025)

IT & Telecommunications
Defense & Security
BFSI
Oil & Gas
Healthcare
Transportation
Retail
Others

System Integration Regional Outlook (Revenue, USD Billion, 2014 – 2025)

North America
Europe
Asia Pacific
Latin America
Middle East & Africa

Access Press Release of System Integration Market @ https://www.grandviewresearch.com/press-release/global-system-integration-market

About Grand View Research

For More Information: www.grandviewresearch.com

U.S. Medical Billing Outsourcing Market Share And Rising Demand With USD 7.8 Billion By 2026 : Grand View Research Inc.

San Francisco, 2 March 2020: The Report U.S. Medical Billing Outsourcing Market Size, Share & Trends Analysis Report By End Use (Hospitals, Physician Offices), By Service, By Component (In-House, Outsourced), And Segment Forecasts, 2019 – 2026

The U.S. medical billing outsourcing market size is poised to reach USD 7.8 billion by 2026, based on a new report by Grand View Research, Inc., exhibiting a CAGR of 11.0% during the forecast period. Increasing population of baby boomers and rising chronic diseases among young generation are resulting in widened base of patients in the country.

Furthermore, growing burden on revenues & profits, declining Medicare payments, and mounting billing volumes are leading to need to decrease in-house processing costs. Therefore, hospitals are increasingly outsourcing their billing activities. The challenge mounts when billing process mandates adherence to the International Classification of Diseases-10th revision (ICD-10) code along with dealing with rising healthcare costs and declining reimbursements. Challenges in managing in-house billing processes include setbacks experienced in IT structure, untrained staff, billing errors, and lack of proper financial policy in place.

In order to curb or alleviate these challenges, several healthcare providers, such as acute care hospitals and clinics/physician offices, prefer outsourcing their medical billing process. Studies suggest that in 2015, 95.0% of independent physicians acknowledged that outsourcing revenue management is right decision.

Acceptance of Revenue Cycle Management (RCM) in various healthcare facilities varies with application. Scheduling, coding, billing, patient registration, and claims processing are adopted more than other RCM applications in the U.S.

Access Research Report of U.S. Medical Billing Outsourcing Market @ https://www.grandviewresearch.com/industry-analysis/us-medical-billing-outsourcing-market

Further key findings from the study suggest:

Advantages associated with outsourcing of medical billing services include improvement in billing process by decreasing errors, swift turnaround time, and smooth administrations for hospitals and other medical institutes
Outsourced medical billing is likely to witness the highest growth during the forecast period owing to growing focus on minimizing the cost of healthcare delivery and improving patient & physician relationship
The front end services segment dominated the market in 2018 as they increase downstream cash flow and decrease rework & cost to collect
On the other hand, the middle-end services market is expected to register the fastest growth during the forecast period
By end use, hospitals accounted for the largest revenue share in the U.S. medical billing outsourcing market in 2018. Errorless billing procedures and minimization of loss is a focus of RCM providers
Physician offices, however, are estimated to post a higher CAGR during the same period. According to the Black Book’s 2016 RCM survey, demand from physicians’ offices are increasing as they want to align financial and clinical outcomes
Some of the key players in this market are Allscripts; Accretive Health, Inc.; Cerner Corporation; Experian Information Solutions, Inc.; EClinicalWorks; GE Healthcare; Genpact; McKesson Corporation; Kareo; Quest Diagnostics; and The SSI Group.

Browse more reports of this category by Grand View Research at: https://www.grandviewresearch.com/industry/healthcare-it

Grand View Research has segmented the U.S. medical billing outsourcing market by component, service, and end use:

U.S. Medical Billing Outsourcing Component Outlook (Revenue, USD Million, 2015 – 2026)

In-House
Outsourced

U.S. Medical Billing Outsourcing Service Outlook (Revenue, USD Million, 2015 – 2026)

Front End
Middle End
Back End

U.S. Medical Billing Outsourcing End Use Outlook (Revenue, USD Million, 2015 – 2026)

Hospitals
Physician Offices
Others

Access Press Release of U.S. Medical Billing Outsourcing Market @ https://www.grandviewresearch.com/press-release/us-medical-billing-outsourcing-market-analysis

About Grand View Research

For More Information: www.grandviewresearch.com

U.S. ECG Equipment Market Growing At USD 2.8 Billion By 2026: Grand View Research Inc.

San Francisco, 2 March 2020: The Report U.S. ECG Equipment Market Size, Share & Trends Analysis Report By Type (Resting ECG, Holter Monitors, Stress ECG Monitors, Event Monitors), By End Use, By Region, And Segment Forecasts, 2019 – 2026

The U.S. ECG equipment market size is expected to reach USD 2.8 billion by 2026, based on a new report by Grand View Research, Inc., registering a 5.7% CAGR during the forecast period. Rise in prevalence of cardiovascular diseases in the country, availability of various monitoring devices, and technological advancements are among key factors driving the U.S. electrocardiograph device market.

Increase in investment by various market players and the U.S. government for development and commercialization of various easy-to-use equipment is also likely to drive the market. For instance, in September 2017, the U.S. FDA approved an app-driven, easy-to-clean, and fully reusable ECG device manufactured by NimbleHeart. The device can be wrapped around a user’s torso and used without electrolytic gels and adhesives. Hence, it can be cleaned easily, thereby making the product ideal for multi-patient use.

In May 2018, Preventice Solutions launched BodyGuardian Mini, a reusable long-term and smallest Holter technology for cardiac monitoring. The new technology includes an ultra-small cardiac monitor that can measure ECG up to 14 days and can transfer data to a physician in an easy-to-read report. Hence, launch of such technologically advanced products to address the needs of physicians and patients is expected to boost market growth in the coming years.

Access Research Report of U.S. ECG Equipment Market @ https://www.grandviewresearch.com/industry-analysis/us-ecg-equipment-market

Further key findings from the study suggest:

Rising incidence of cardiac diseases and growing geriatric population are expected to propel market growth in the coming years
By type, the resting ECG system segment accounted for the largest share in the market and is expected to witness significant growth during the forecast period. This can be attributed to availability of several commercial products, improved clinical accuracy due to advanced data analysis tools to detect heart-related problems, and high penetration in large hospitals
The Holter monitor segment is expected to witness the fastest growth over the forecast period owing to portability of these devices, cost-effectiveness, and ability to record heart’s electrical activity for a longer duration
By end use, hospitals accounted for the largest share in 2018 as majority of patients rely on hospitals than other healthcare facilities due to the availability of well-equipped devices and latest monitoring software
Based on geography, the south region accounted for the dominant share in 2018 and is expected to maintain its lead throughout the forecast period due to a large target population and presence of a high number of hospitals
Advancements in medical technology and availability of portable ECG devices have led to an increase in diagnosis rate, as these systems facilitate immediate transfer of data pertaining to outpatient procedures. This is expected to drive demand for ambulatory care centers during the forecasts period
Some of the key players are BioTelemetry, Inc.; CardioComm Solutions, Inc.; Compumed Inc.; GE Healthcare; Mindray Medical; Hill Rom; NIHON KOHDEN CORPORATION; Philips Healthcare; Schiller AG; Spacelabs Healthcare; Welch Allyn; and McKesson Corporation.

Browse more reports of this category by Grand View Research at: https://www.grandviewresearch.com/industry/medical-devices

Grand View Research has segmented the U.S. ECG equipment market by type, end use, and region:

U.S. ECG Equipment Type Outlook (Revenue, USD Million, 2015 – 2026)

Resting ECG System
Holter Monitors
Stress ECG Monitors
Event Monitors

U.S. ECG Equipment End-use Outlook (Revenue, USD Million, 2015 – 2026)

Hospitals
Ambulatory Care
Others

U.S. ECG Equipment Region Outlook (Revenue, USD Million, 2015 – 2026)

Northeast
Midwest
South
West

Access Press Release of U.S. ECG Equipment Market @ https://www.grandviewresearch.com/press-release/us-ecg-equipment-market-analysis

About Grand View Research

For More Information: www.grandviewresearch.com

Preterm Birth And PROM Testing Market Registering At USD 1.3 Billion By 2025 : Grand View Research Inc.

San Francisco, 2 March 2020: The Report Preterm Birth and PROM Testing Market Size, Share & Trends Analysis Report By Type (Pelvic Exam, Ferning, Nitazine, Pooling, Ultrasound, Uterine Monitoring, Biomarkers), And Segment Forecasts, 2019 – 2025

The global preterm birth and prom testing market size is expected to reach USD 1.3 billion by 2025, according to a new report by Grand View Research, Inc., exhibiting a CAGR of 1.8% during the forecast period. Rising incidence of preterm births, increasing geographical reach by market players, high demand for effective diagnosis of preterm births, and advanced drug delivery devices are expected to drive the market.

Every year, approximately 15 million babies around the world are born before the 37^th week of pregnancy and this number is expected to increase further. Around 1 million children die each year due to complications caused by preterm births. Premature Rupture of Membranes (PROM) causes about 4.5 million preterm births each year, worldwide. Globally, preterm birth is among the most frequent causes of death among neonates within the first month of life.

Increasing average age of pregnant women (>35 years of age) has led to an increase in the risk of heath conditions such as high blood pressure and reduced blood flow to the placenta. These issues risk the health of both mother and unborn child and often result in preterm births or neonatal deaths. Even though traditional methods such as Nitrazine and Ferning test make it possible to obtain a negative predictive value (NPV), they have extremely poor positive predictive values for spontaneous deliver. The approval of PartaSure (Parsagen Diagnostics, Inc. and Qiagen) in April 2018 and other improved diagnostic test kits has introduced a highly efficacious yet cost-effective options for PROM testing in symptomatic patients.

Access Research Report of Preterm Birth and PROM Testing Market @ https://www.grandviewresearch.com/industry-analysis/preterm-birth-prom-testing-market

Further key findings from the report suggest:

Based on test type, the PAMG1 immunoassay segment is expected to witness lucrative growth over the forecast period driven by rapid uptake of these test kits in developed markets
Improved PROM diagnostic methods are increasingly replacing traditional standard-of-care tests (Ferning and Nitrazine), supported by their ease of use and high sensitivity
North America dominated the market with the largest share in 2017. Focus on early diagnosis of women’s health issues, along with improved awareness about preterm birth and PROM testing, are responsible for the dominance of this region
Strong unmet needs, rising awareness regarding maternal health, and uptake of improved diagnostic methods are expected to propel the growth of the preterm labor and PROM testing market
Some of the key players in the market are Qiagen, Hologic, Cooper Surgical, Abbott Laboratories, Medixbiochemica, Sera Prognostics, Biosynex, and IQ Products.

Browse more reports of this category by Grand View Research at: https://www.grandviewresearch.com/industry/medical-devices

Grand View Research has segmented the global preterm birth and PROM testing market based on test type and region:

Preterm Birth and PROM Testing Test Type Outlook (Revenue, USD Million, 2014 – 2025)

Pelvic exam
Ferning test
Nitazine test
Pooling (Speculum Exam)
Ultrasound
Uterine monitoring
IL-6
CRP
IL-1, IL-2, IL-8, TNF-a
CRH
AFP (Alpha fetoprotein)
fFN
PAMG-1 immunoassay
IGFBP test
Others

Preterm Birth and PROM Testing Regional Outlook (Revenue, USD Million, 2014 – 2025)

North America
Europe
Asia Pacific
Latin America
Middle East & Africa

Access Press Release of Preterm Birth and PROM Testing Market @ https://www.grandviewresearch.com/press-release/global-preterm-birth-prom-testing-market

About Grand View Research

For More Information: www.grandviewresearch.com

U.S. Atherectomy Devices Market Expected To Grow With A CAGR Of 6.6% For The Forecast Period From 2019 To 2025: Grand View Research Inc.

San Francisco, 2 March 2020: The Report U.S. Atherectomy Devices Market Size, Share & Trends Analysis Report By Type (Laser, Directional, Rotational, Orbital), By End Use (Office-based Labs, Out-patient Facility, In-patient Facility), And Segment Forecasts, 2019 – 2025

The U.S. atherectomy devices market size is expected to reach USD 626.1 million by 2025 expanding at a CAGR of 6.6%, according to a new report by Grand View Research, Inc. The regional market is expected to witness lucrative growth due to the rising prevalence of target diseases and preference for endovascular procedures. Moreover, rising demand for minimally invasive procedure will boost the market growth. Such procedures are less painful and allow quicker recovery than invasive procedures.

Other advantages, such as higher patient satisfaction owing to fewer incision wounds, few post-surgical complications, and low mortality rates, are also driving the atherectomy devices market growth. Technological advancements allowing early diagnosis are also likely to augment the market growth in the near future. For instance, in January 2017, Medtronic received CE mark approval for HawkOne directional atherectomy system for treating patients suffering from Peripheral Artery Disease (PAD).

Access Research Report of U.S. Atherectomy Devices Market @ www.grandviewresearch.com/industry-analysis/us-atherectomy-devices-market

Further key findings from the study suggest:

Adoption of atherectomy increased sharply in the past due to increased reimbursement for the procedure. According to Elsevier Inc., there was a rise in atherectomy volume for Medicare beneficiaries to 76% in 2011–2015
Directional atherectomy devices accounted for the largest share of the market in 2017 as the device exhibited 95% successful removal of lesions and 94% of patients did not exhibit adverse effects
Office-Based Labs (OBLs) is anticipated to be the fastest-growing segment in the forecast period due to a greater number of Peripheral Vascular Interventional (PVI) procedures being performed in this setting
In addition, lesser number of complications and follow-up procedures lowers the cost and increases the adoption of new technologies delivering better health outcomes, which is anticipated to propel the market growth in the coming years
Several ongoing trials and their positive results facilitate penetration of novel technologies. For instance, in March 2017, Cardiovascular Systems, Inc. enrolled for its latest clinical trial, ECLIPSE, which was perceived to be the largest trial conducted to study coronary atherectomy
Some of the key companies are Spectranetics Corp.; Boston Scientific Corp.; Cardinal Health, Inc.; Straub Medical AG; Terumo Medical Corp.; Cardiovascular Systems, Inc.; Medtronic PLC; Avinger, Inc.; ST. JUDE MEDICAL, Inc.

Browse more reports of this category by Grand View Research at: www.grandviewresearch.com/industry/medical-devices

Grand View Research has segmented the U.S. atherectomy devices market on the basis of type and end use:

Atherectomy Devices Market Type (Revenue, USD Million, 2014 – 2025)

Directional Atherectomy
Rotational Atherectomy
Orbital Atherectomy
Laser Atherectomy

Atherectomy Devices Market End Use (Revenue, USD Million, 2014 – 2025)

In-patient Facility
Office-based Labs (OBLs)
Out-patient Facility

Access Press Release of U.S. Atherectomy Devices Market @ www.grandviewresearch.com/press-release/us-atherectomy-devices-market-analysis

About Grand View Research

For More Information: www.grandviewresearch.com

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