Market insights

International money transfer is commonly referred as ' Remittances ’. As per the World Bank, global remittances reached an unprecedented value of $689 billion in 2018, an upward drift from $633 billion recorded in 2017. Some factors responsible for the growth in global remittances are: increasing migrating population to developed countries, pressure from the United Nations to lower transfer fees, bourgeoning FinTech and mobile payments technology, and increasing numbers of non-bank remittance vendors such as MoneyGram and Western Union. Resultantly, the global remittance market size was estimated as $1.74 billion in 2018, with growing refugee population and rampant urbanization, the market is progressing at a CAGR of 19.56%, during the forecast period (2019-2025). Request Sample Remittances Market Outlook: In 2018, North America was reckoned to be the leading region with an estimated market share of 33.81% of the global market. Increasing number of immigrants settling in the U.S. ...

According to the reports of International Trade Centre (ITC), the trade value of tubes, pipes, hoses, and others stood at $26.039 billion on 2018, and it witnessed an annual growth of 11%, when compared to 2017. The increase in trade is attributable to the application of PVC pipe in various industries such as water supply, irrigation, sewer drain, plumbing oil gas, and others. Thus, the growth of the pipe industry is reflecting in terms of the expansion of the PVC pipe market, which had witnessed a global market size of $55.6 billion in 2018. Furthermore, due to rising demand, the PVC pipe market is poised to increase at a lucrative CAGR of 6.1%, during the forecast period 2019-2025. APAC has been witnessing an impeccable growth in its revenue, due to growth of industries such as construction, agriculture, air conditioner, and pharmacy, which is contributing to the growth of the PVC pipe market. In 2018, APAC witnessed a maximum PVC pipe market share of 48%. Also, PVC pipes help in th...

According to the International Trade Centre (ITC), the trade value of plastics and its products was $655.79 billion in 2018, after registering an annual growth of 9% over 2017. The increasing trade of plastics can be attributed to a myriad of applications in the residential, textile, packaging, building & construction, and other sectors. This resonates with the growing plastic market size that was gauged to be $516 billion in 2018. Owing to these varied applications, the demand for plastics is estimated to grow at a CAGR of 4% during the forecast period 2019-2025. APAC had the greatest plastics market share of 45% in 2018, which is attributed to increasing trade of plastics in countries such as China and India. Moreover, the end user industries of plastics such as automotive and electronics are booming in APAC, which has created demand for plastics in the region. According to the PlastIndia Foundation, India has 15,788 KTA production capacity of thermoplastics alone. Similarly, e...

Oseltamivir Market size is forecast to reach $694.3 million by 2025, growing at a CAGR of 3.17% during the forecast period 2020-2025. Oseltamivir, sold under the brand name Tamiflu, is an antiviral medication used to treat and prevent influenza A and influenza B. Many medical organizations recommend it in people who have complications or are at high risk of complications within 48 hours of first symptoms of infection. It helps make the symptoms like stuffy nose, cough, sore throat, fever/chills, aches, and tiredness less severe and shortens the recovery time by 1-2 days. Oseltamivir acts as neuraminidase inhibitor of the influenza virus, by preventing its reproduction by budding from the host cell. This also prevents the cleavage of sialic acid residues, thus interfering with progeny virus disbursement within the mucosal secretions and reducing viral infectivity. Growing incidences of influenza among the population, increasing awareness about the prevention, and increasing investments...

The market for offshore wind energy is forecast to reach $42bn by 2025, growing at a CAGR of 13.6% from 2020 to 2025. The offshore wind energy market is estimated to witness substantial growth over the forecast period primarily due to the growing demand for clean energy and rising focus on reducing carbon emissions. Offshore wind energy generation process is a renewable form of producing energy by taking advantage of the power of the wind that is produced on the high seas, where it moves at a much higher and more consistent speed than it does on land, due to absence of multiple barriers. Ongoing saturation of sites close to the shore, along with growing demand for high operational Capacity Utilization Factor (CUF) for offshore projects is projected to drive industry growth. Ongoing improvements in installation capabilities and availability of high wind speeds far from shore are major factors fuelling the installation of offshore platforms at higher depth levels. Additionally, regulato...

NASH Market is projected to reach revenue of $5.6 billion by 2024, and is estimated to grow at a CAGR of 55% during the forecast period 2019-2024. NASH (Non-Alcoholic SteatoHepatitis) is a severe form of liver disease that can further lead to fibrosis, cirrhosis and cancer. Changes in lifestyle have contributed to the rising prevalence of NASH disease. The factors such as increase of diabetic and obese population are also driving the growth of the NASH market. Other secondary disorders such as lysosomal acid lipase deficiency, can also lead to liver cirrhosis and ultimately result in NASH. Key Takeaways NASH Market is estimated to grow at a CAGR of 55% owing to the rising prevalence of diabetes and obesity. The NASH market size in 2018 is $0.41 billion. North America held the largest market share terms of revenue owing to its research in healthcare sector. A large population in North America are also affected by NASH providing a large market here. The NASH market share for North Ameri...

Medical Coding Market size is forecast to reach $24.56 billion by 2025, growing at a CAGR of 10.2% during the forecast period 2020-2025. Technological development in medical fields and the rising need for a universal language are the major factors driving the growth of the market. Rising number of coders is set to rise in the career opportunities and growing interest in the Medical Coding by hospitals and healthcare institutions is set to further enhance the overall market demand of medical coding market during the forecast period 2020-2025. Key Takeaways North America dominates the medical coding market in 2019 owing to the rapid adoption of the technologically advanced IT procedures and the highly advanced healthcare IT structure. The medical coding market scope for different regions will be provided in the final report. Escalating demand for coding services and the constant revisions in classification system is likely to aid in the market growth of medical coding market. Detailed a...