The optical systems and nondestructive testing systems for inspection and maintenance market is expected to grow with a CAGR of 8.30% in forecasted period of 2016-2022. The optical systems and nondestructive testing systems for inspection and maintenance market has generated the revenue of approx. $6460 million in 2015 and is anticipated to generate the revenue of more than $11390 million in 2022.The key factors driving the global optical systems and nondestructive testing system for inspection and maintenance market are government safety regulations, rising demand from robotics, automation and electronic end users industries, development of internet of things (Iot), aging infrastructure and increasing need for maintenance.

The global patient handling equipment market is increasing significantly, was valued at US$ 10,600.1 Mn in 2017 and expected to reach US$ 24,364.3 Mn by 2026. Increasing emergency procedures, trauma, growing commonness of disabilities, injuries among the elderly, and faster patient transportation with higher safety along with the growing adoption of branded equipment drives the overall patient handling equipment market growth. New technological evolution in the transfer and lifting equipment would also drive the overall market.

The global bio-resorbable polymers market was estimated to grow around $661.9 million in 2015 and it is forecasted to reach around $1634.01 million by 2022 at a CAGR of 13.78% during 2016-2022. Rising demand for drug delivery application is major driver for global bio-resorbable polymers market. Usage of bio-resorbable polymers is rising in all over the world due to growing technological advancements in various fields such as medical sector etc. and it has been expected to drive this market. The rising adoption of cost effective and patient friendly solutions, huge investment by various economies, rising awareness among people are propelling the bio-resorbable polymers market.

The global bioabsorbable stents market is expected to grow at the CAGR of 44.7 % during 2016-2022 and is expected to reach around $2800 million till 2022.Stent is a device commonly used for the treatment of blocked arteries. The bioabsorbable stents are tiny &expandable mesh tubes that holds weak and open arteries, helping out to treatseveral peripheral and coronary arteries diseases.Bioabsorbable stents are defined as fully biodegradable stents that completely get absorbs in human body.

The global radioactive waste management marketis expected to grow at moderate rate during the forecasted period.Radioactive waste is described as contaminated material by radioactivity or it is radioactive by itself. Radioactive waste management techniques varies according to the type of waste to be processed. The level of hazards of radioactive waste diminishes with time as the substance lose its radioactivity depending upon its half-life. The main aim in managing and disposing radioactive wastes is to protect the environment and the people from its harmful effects.

The global reverse osmosis membrane market has been forecasted to reach around $5200 million at a CAGR of 16% during 2016-2022. Rising demand for water treatment is a key driver for global reverse osmosis membrane market. The major factor driving the global reverse osmosis membrane market isstringent government rules and regulations along with rising demand for thin film composites.Usageof reverse osmosis membrane systems is rising all over the world due to growing technological advancements in various fields such asresidential, commercial etc. and it has been expected to drive the market.

The global healthcare analytical testing services market is expected to grow at the CAGR of 12.1 % during 2016-2022 and is expected to reach $4710 million till 2022. Growth in market is mainly driven by the rising demand for analytical services for large-molecule drugs and biologics, increasing acceptance of the quality by design approach in pharmaceutical manufacturing and rising demand from the nutraceutical industry, increasing outsourcing of analytical testing by pharmaceutical companies. Apart from that, enhanced quality standards in the pharmaceutical industry, rapid growth in the biologic biosimilar market and presence of a large pool of analytical testing companies are further expected to boost the growth of global healthcare analytical testing services market.

The global blood market is expected to grow by CAGR of 9.27% during the forecasted period 2016-2022. The major factor contributing towards the growth in market isincreasing aging population and accumulative prevalence of peripheral vascular diseases. The increasing aging population is having a huge impact on the growth of global blood market. According to WHO, the world aged population has been expected to reach 2 billion by the end of 2050 which was 900 million in 2015. Now there are around 125 million people aged 80 years or more. By the end of 2050 almost 125 million people aged 80 years or more has been expected to reach in China alone and 434 million people across the globe. So increasing aging population is one of the major driving factor of global blood market.

The global building and commercial automation market is expected to grow by CAGR of 10.85% during the forecasted period 2016-2022. The major factors contributing towards the growth of market are Iot renovation, increasing building automation market, rising demand for energy efficacy and improved security in buildings. The market is also driven by various factors such as merging of wireless sensor network technology, favorable government initiatives, quicker growth in centric wireless protocols for building automation and infrastructural growth in emerging economies along with increasing adoption of building automation systems.

The global micro turbine market is expected to grow at the CAGR of 12.1% during 2016-2022 and is expected to attain revenue of $309.4 million till 2022. Micro turbine is small in size use to produce high power, generally this type of turbine is compact in size which overcome the space issues.

The global catalyst regeneration market was estimated to grow around $4000 million in 2014 and it is forecasted to reach around $6009 million at a CAGR of 5.3% during 2016-2022. The major factor drivingglobal catalyst regeneration market is stringent government rules and regulations along with rising demand for catalyst regeneration process is expected to boost the growth of the catalyst regeneration market in next 6 to 7 years.

The global cardiac equipment technologies market is expected to grow at the CAGR of 5.9 % during 2016-2022 and is expected to reach $71000 million till 2022. Cardiac devices are the devices which are being used by hospitals, other cardiac centers when a patient is suffering from cardiac arrest. Defibrillators, pacemaker, ECG machines are some of the examples of cardiac devices.

The global optical switches marketwas estimated to grow around $3300 million in 2014 and it is forecasted to reach around $11488 million at a CAGR of 16.53% during 2016-2022.The major factors drivingglobal optical switches market is rising demand for high bandwidths and high transfer rates all over the world which is expected to boost the optical switches market in next 6 to 7 years.

The global drug and alcohol testing market is expected to grow by CAGR of 10.1% during the forecasted period 2016-2022. The major factors contributing towards the growth of market isintensifying world population and increasing use of drugs and alcohol across the globe. The market is also driven by various factors such as portrayal of stringent laws mandating drug and alcohol testing and rising government funding. The increasing drug and alcohol abuse is one of the major factor driving the growth in the global market.

The global antioxidants applications market is expected to grow at the CAGR of 6.1 % during 2016-2022 and reach $8100 million till 2022. Antioxidant is a molecule which inhibits the oxidation of other molecules. Antioxidants is used in various industrial sectors like food and beverages, synthetic resin industry, animal feed industry, fuel additives industry, cosmetic industry and many more. Cosmetic industry is having maximum market share in terms of usage. Extensive use of antioxidants in cosmetic industries is the major factor fuelling the market. Increasing demand of anti-ageing products is expected to boost the cosmetic industry.

The global orphan drugs market is expected to grow at the CAGR of 12.6 % during 2016-2022 and is expected to reach $205700 million till 2022.An orphan drug is a pharmaceutical agent that has being developed specifically to treat a rare disease. There are many factors that drive’s the global orphan drugs market.The major driving factor that drives this market is increase in investment from pharmaceutical companies which are facing loses from other conventional products.

Next generation sequencing is a high-throughput sequencing that enables sequencing and assembling of number of short DNA reads at a small period of time and with a better accuracy. Next-generation sequencing (NGS) technologies have progressive advantages in terms of cost-effectiveness, unprecedented sequencing speed, high resolution and accuracy in genomic analyses. 

The global medical imaging analysis software market was estimated to grow around $2143.7 million in 2015 and it is forecasted to reach around $3687.55 million at a CAGR of 8.45% during 2015-2022. The major factor driving theglobal medical imaging analysis software market is the rising number of chronic diseases in all over the world like cancer, cardiovascular diseases etc.

The global alzheimer’s disease therapeutics and diagnostics market is expected to grow at the CAGR of 7.1% during 2015-2022, and it expected to reach $7200 million till 2022.Alzheimer disease is caused due to abnormal working of brain cells, resulting in loss of cognitive functions due to failure of synaptic transmission. There are various symptoms of alzheimer disease like repetitive movement, agitation, insomnia, memory loss, depression, loss of reasoning abilities and so on. Alzheimer’s disease may even leads to death at its severe stage. Alzheimer’s disease is the common form of dementia, According to National Institute of Aging.

The global roll-to-roll technologies for flexible devices market is expected to grow at the CAGR of 14% during 2015-2022. Globally roll-to-roll technologies for flexible devices market has generated more than $14.6 billion in 2015 and is expected to reach $29 billion by 2022. The drivers which help to increase the market are increasing demand for flexible electronic devices, adoption of touch screen display technology for electronic devices and increasing demand of roll to roll based flexible temperature sensors in industrial sector.