Patient Engagement Solutions Market Revenue Would Be $39.3 Billion By 2024: Grand View Research, Inc.

The global Patient Engagement Solutions Market is expected to reach USD 39.3 billion by 2024, according to a new report by Grand View Research, Inc. The supportive government initiatives and the rising usage and awareness of mobile healthcare services are expected to impel the market growth.

The rising prevalence of chronic conditions is the preliminary factor that is expected to advance the market growth. The mortality rate of diabetic patients was over 1.0 million in 2012, as stated by the WHO. This hike in the death rate of diabetic patients reflects the lack of knowledge about the causes, symptoms, and the preventive measures of the disease. The present patient engagement systems aid in furnishing patients with educative information; thus, empowering them to make better healthcare decisions.

The patient engagement solutions cater to the hospitals in providing financial solutions for effective utilization of the allocated healthcare budget. Furthermore, the market players are actively volunteering in obtaining patient feedback regarding the existent solutions to develop better patient engagement plat forms with enhanced quality.

Moreover, the favorable government initiatives and the funding efforts undertaken to promote the incorporation of patient engagement solutions in the healthcare sector help in boosting the market growth. For instance, in the U.S., under the Health Information Technology for Economic and Clinical Health (HITECH) act, the government spends around USD 20 billion annually on hospitals for the installation of Electronic Health Records (EHRs), which is expected to help in improving the workflow and the quality of treatment delivery.

To request a sample copy or view summary of this report, click the link below:
www.grandviewresearch.com/industry-analysis/patient-engagement-solutions-market

Further key findings from the study suggest:

• The web-based delivery segment is expected to be the largest delivery mode growing at a lucrative CAGR over the forecast period.
• North America is expected to dominate over the forecast period with a revenue share of over 40.0% in 2024. Favourable government initiatives, such as the Affordable Care Act (ACA) initiated by President Obama and the Health Information Technology for Economic and Clinical Health (HITECH) act, are anticipated to drive the market growth.
• Asia Pacific is anticipated to emerge as the fastest growing region with a CAGR of over 20.0% over the forecast period. The increasing investments in the healthcare sector, rising awareness with regard to the varying types of patient engagement portals, and the escalating geriatric population base are estimated to catapult the demand.
• Some key players of the market include Allscripts Healthcare Solutions, Inc., Cerner Corporation, Phytel, Inc., Athenahealth, Inc., McKesson Corporation, and MEDecision, Inc.
• In order to curtail the competition, the key industry players are actively involved in the development of new solutions that facilitate the workflow of the existing platforms. For instance, Allscripts Healthcare Solutions, Inc. provides revenue cycle management solutions, which help in maintaining the financial health of the medical systems.

Grand View Research has segmented the patient engagement solutions market on the basis of the type of delivery, component, end-use, application, therapeutic area, and region. 

Global Patient Engagement Solutions Market, Type of Delivery Outlook (Revenue, USD Million, 2013 - 2024)

• On-premise
• Cloud-based
• Web-based

Global Patient Engagement Solutions Market, Component Outlook (Revenue, USD Million, 2013 - 2024)

• Software
  • Standalone
  • Integrated
• Hardware
• Services
  • Consulting Services
  • Implementation Services
  • Education Services
  • Other Services

Global Patient Engagement Solutions Market, End-use Outlook (Revenue, USD Million, 2013 - 2024)

• Payers
• Providers
• Individual Users

Global Patient Engagement Solutions Market, Application Outlook (Revenue, USD Million, 2013 - 2024)

• Health Management
• Financial Health Management
• Social Management
• Home Healthcare Management

Global Patient Engagement Solutions Market, Therapeutic Area Outlook (Revenue, USD Million, 2013 - 2024)

• Chronic Diseases
  • Obesity
  • Diabetes
  • Cardiovascular Diseases
• Women’s Health
• Mental Health
• Fitness
• Others

Patient Engagement Solutions Market Regional Outlook (Revenue, USD Million, 2013 - 2024)

• North America
  • US.
  • Canada
• Europe
  • UK
  • Germany
• Asia Pacific
  • Japan
  • China
• Latin America
  • Brazil
  • Mexico
• MEA
  • South Africa
  • Saudi Arabia

Browse Full Press Release of This Report:  www.grandviewresearch.com/press-release/global-patient-engagement-solutions-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

Blood Screening Market Size Is Set To Reach USD 3.9 Billion By 2024: Grand View Research, Inc.

The global Blood Screening Market is expected to reach a value of USD 3.9 billion by 2024, based on a new report by Grand View Research, Inc. The growth of the market is attributed to the increasing screening of donor and continuous technological advancements by the market players. Demand for blood screening tests are increasing continuously due to increasing donation, rising awareness about transfusion-transmitted diseases, and technological developments in the industry.

Thorough screening is necessary for all donated blood to ensure that recipients receive the safest products. As of 2015, such testing consists of screening for red cell antibodies, and the infectious diseases agents: HIV-1, HIV-2, hepatitis virus, West Nile Virus (WNV), Human T-Lymphotropic Virus (HTLV) T. Cruzi, and T. pallidum (syphilis). Result of all these assays must be negative for blood donation.

Technological developments in the market increase the sensitivity and efficiency of the tests. For instance, in 2016, the U.S. FDA approved the Procleix Zika virus assay from Hologic, Inc. and Grifols to screen donated blood. Furthermore, the U.S. FDA approved next-generation sequencing (NGS) technology in 2013. The technology is cheaper and faster than previous DNA analysis methods.

To request a sample copy or view summary of this report, click the link below:
www.grandviewresearch.com/industry-analysis/blood-screening-market

Further Key Findings from the Study Suggest:

• Nucleic acid amplification test or nucleic acid test (NAT) is expected to be the fastest growing segment during the forecast period. It comprises transcription mediated amplification (TMA) tests and polymerase chain reaction. Increasing demand of NAT over ELISA test due to high sensitivity and specificity for viral nucleic acid is contributing to the fastest growth during the forecast period.
• In 2015, reagent dominated the product segment. Introduction of new assays for the detection of various diseases is expected to enable the segment to gain the maximum share of market in the coming years. For instance, in January 2015 the FDA approved Roche’s blood screening assay COBAS TaqScreen MPX Test for the detection and identification of HCV, HIV, and HBV. 
• In 2015, regionally North America dominated with a revenue share of more than 40%. Government initiatives, presence of major players, and more patient affordability are the major factors that contributed toward its dominance.
• In August 2016, the FDA recommended the testing of all the donated blood in the U.S. and its territories for Zika virus in order to prevent transmission of this virus through the blood supply.
• Asia Pacific is expected to be the fastest growing region due to increasing investment of industry players, government initiatives, and rising awareness about transmission of diseases during its transfusion.
• The Red Cross in Japan entered into a contract with Grifols for nucleic acid testing (NAT) for a blood donation camp in Japan in 2014. This agreement is anticipated to propel the NAT market during the forecast period. However, low donation as compared to requirement and high cost of kits and instruments are likely to restrain the growth in low-income countries during the forecast period.

Grand View Research has segmented the blood screening market by technology, product and region:

Blood Screening Market Technology Outlook (Market Revenue in USD Million, 2013 - 2024)

• Nucleic Acid Amplification Test (NAT)
• ELISA
• Chemiluminescence Immunoassay (CLIA) and Enzyme Immunoassay (EIA)
• Next-Generation Sequencing (NGS)
• Western Blotting

Blood Screening Market Product Outlook (Market Revenue in USD Million, 2013 - 2024) 

• Reagent
• Instrument

Blood Screening Market Regional Outlook (Market Revenue in USD Million, 2013 - 2024)

• North America
  • US.
  • Canada
• Europe
  • UK
  • Germany
• Asia Pacific
  • Japan
  • China
• Latin America
  • Brazil
• Middle East and Africa
  • South Africa

Browse Press Release of this Report: www.grandviewresearch.com/press-release/global-blood-screening-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

Breath Analyzer Market Size Is To Be $11.3 Billion By 2024: Grand View Research, Inc.

The global Breath Analyzer Market is expected to reach USD 11.3 billion by 2024, according to a new report by Grand View Research, Inc. Major drivers of the market include the demand for breath analyzers arising from the law enforcement agencies as well as other institutions, such as schools, sports, and offices, to minimize alcohol abuse and ensure safety in workplace settings. 

The fuel cell technology has been widely used in professional breath analyzers as it offers accuracy, alcohol specificity, and portability. Moreover, the semiconductor sensor technology offers affordable breath alcohol screening devices that are mostly used by private consumers. Breath analyzers that use infrared spectroscopy are currently limited to the law enforcement agencies owing to their high cost and large device size. 

The growing demand for quick and easy methods for the primary diagnosis of diseases, such as asthma, chronic obstructive pulmonary disease, and cancer is augmenting the growth of the global market. In addition, the rising adoption of breath analyzers in smoking cessation programs to detect carbon monoxide in the exhaled air is augmenting the market growth. 

Uncertainty with regard to the accuracy of the devices, the ambiguous laws about installing these devices in offices, and the high prices attached to infrared spectroscopy are the factors that challenge the growth of the global market. Many of the drug detection devices that identify the presence of drugs in the exhaled breath are still in the developmental phase as the detection technology used will depend on the type of the drug. Hence, this poses some uncertainty for the success of these devices. 

To request a sample copy or view summary of this report, click the link below:
www.grandviewresearch.com/industry-analysis/breath-analyzer-market

Further key findings from the study suggest:

• In 2015, the fuel cell technology segment accounted for the largest share of the market at31.8%. The dominance of the segment is attributed to the popularity of this technology owing to its accuracy and user-friendly product designs.
• The medical application segment is expected to witness the fastest growth from 2016 to 2024 owing to the rapid development of disease diagnostics, such as breath analyzers for asthma and Chronic Obstructive Pulmonary Diseases (COPD)
• North America captured the largest market share at over half of the total revenue in 2015 and is expected to maintain its dominance throughout the forecast period. The presence of a large number of major market players, strict laws for road traffic safety, and a high adoption rate of the advanced technologies are the factors driving the market growth in this region.
• The Asia Pacific market is expected to grow at a lucrative CAGR of around 32% during the forecast period. The existence of a large untapped market and the growing awareness regarding the commercially available and technically advanced products are some of the major drivers of the market in the region.
• The presence of a large number of local manufacturers in the Asia Pacific region offering low-cost breath analyzers in comparison to other manufacturers based in developed countries is one of the factors expected to propel the exports from this region
• Some key players in the Breath Analyzer Market include Dragerwerk AG & Co. KGaA, Intoximeter, Inc., Alcovisor, Quest products, Inc., Lifeloc Technologies, Akers Biosciences, Inc., MPD, Inc., AK GlobalTech Corp., Alcohol Countermeasure Systems Corp., and EnviteC-Wismar GmbH 

Grand View Research has segmented the Breath Analyzer Market on the basis of product, type, and geography.

Breath Analyzer Market, by Technology, 2013 - 2024 (USD Million)

• Fuel cell Technology
• Semiconductor sensor
• Infrared (IR) Spectroscopy
• Others(FAIM, Mass Spectroscopy, Smart Crystals)

Breath Analyzer Market, by Application, 2013 - 2024 (USD Million)

• Drug Abuse Detection
• Alcohol Detection
• Medical Applications

Breath Analyzer Market, by region, 2013 - 2024 (USD Million)

• North America
  • US. Breath Analyzer Market, by Technology Type
  • US. Breath Analyzer Market, by Application Type
  • Canada Breath Analyzer Market, by Technology Type
  • Canada Breath Analyzer Market, by Application Type
• Europe
  • UK Breath Analyzer Market, by Technology Type
  • UK Breath Analyzer Market, by Application Type
  • Germany Breath Analyzer Market, by Technology Type
  • Germany Breath Analyzer Market, by Application Type 
• Asia Pacific
  • China Breath Analyzer Market, by Technology Type
  • China Breath Analyzer Market, by Application Type
  • India Breath Analyzer Market, by Technology Type
  • India Breath Analyzer Market, by Application Type
• Latin America
  • Brazil Breath Analyzer Market, by Technology Type
  • Brazil Breath Analyzer Market, by Application Type
  • Mexico Breath Analyzer Market, by Technology Type
  • Mexico Breath Analyzer Market, by Application Type
• MEA
  • South Africa Breath Analyzer Market, by Technology Type
  • South Africa Breath Analyzer Market, by Application Type

Browse Press Release of this Report: www.grandviewresearch.com/press-release/global-breath-analyzer-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

Structural Core Materials Market Size Is Going To Surpass $2.80 Billion By 2025: Grand View Research, Inc.

The global Structural Core Materials Market size is expected to reach USD 2.80 billion by 2025, according to a new report by Grand View Research, Inc., exhibiting a CAGR of 5.9% during the forecast period. As the wind energy sector continues to flourish, structural core materials are anticipated to rake in a healthy share in the revenue pie. Rising consumer disposable income of people in countries such as U.S., India, and China is leading to expansion of the aerospace and automotive industries, thereby boosting the need for structural core materials for parts and components manufacturing. 

In terms of revenue, aerospace was the largest end-use segment, accounting for about 38.0% of the global market in 2016. In the field of aircraft and helicopter engineering, sandwich structures are the preferred choice for lightweight yet high-strength designs. High temperature resistance of cores has further facilitated the demand for these products.

Booming aerospace and construction industries worldwide are unfolding several growth opportunities for the structural core materials market. However, prices of raw materials used for manufacturing could play a crucial role in overall production cost in the future.

DIAB International AB, a major player in the market, tripled its production capacity of advanced foam cores to meet increasing demand from the aerospace industry worldwide. A few companies acquired and merged with each other to enhance their product offerings and expand their global reach. For instance, Gurit Holding AG acquired BASF’s PET structural foam business with the intention of strengthening Gurit’s range of structural core material products. Such strategic initiatives reflect the intensifying competition in the structural core materials market.

To request a sample copy or view summary of this report, click the link below:
www.grandviewresearch.com/industry-analysis/structural-core-materials-market

Further key findings from the report suggest:

• The wind energy end-use segment is slated to experience the fastest growth in terms of revenue, progressing at a CAGR of 8.4% from 2017 to 2025. The growth of the segment can be attributed to increasing number of wind farms in emerging economies
• Carbon FRP emerged as the largest skin type segment in terms of revenue in 2016 and is projected to value more than USD 1.15 billion by 2025. The segment is poised to experience steady growth over the forecast period owing to superior properties offered by carbon fiber-based materials in lightweight and high-strength construction
• The Asia Pacific region is likely to register the highest CAGR over the forecast years owing to rapid growth of the aerospace, automotive, and wind energy industries in the region, most notably in India and China. In terms of revenue, the regional market is expected to post a CAGR of 7.6% from 2017 to 2025
• Players such as Rockwell Collins, Inc.; DIAB International AB; Evonik Industries; Gurit Holding AG; Schweiter Technologies; Hexcel Corporation; and The Gill Corporation dominated the global structure core materials market.

Grand View Research has segmented the global structural core materials market on the basis of product, skin type, end use, and region:

Structural Core Materials Product Outlook (Volume, Kilotons; Revenue, USD Million, 2014 - 2025)

• Foam
• Balsa
• Honeycomb

Structural Core Materials Skin Type Outlook (Volume, Kilotons; Revenue, USD Million, 2014 - 2025)

• GFRP
• CFRP
• NFRP
• Others

Structural Core Materials End Use Outlook (Volume, Kilotons; Revenue, USD Million, 2014 - 2025)

• Aerospace
• Automotive
• Wind energy
• Marine
• Construction
• Others

Structural Core Materials Regional Outlook (Volume, Kilotons; Revenue, USD Million, 2014 - 2025)

• North America
  • US.
• Europe
  • UK.
  • Germany
• Asia Pacific
  • China
  • India
  • Japan
• Central & South America
  • Brazil
• Middle East & Africa
  • Saudi Arabia

Access Press Release of this Report: www.grandviewresearch.com/press-release/global-structural-core-materials-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

3D Printing Metal Market Is Predicted To Outshine $2.86 Billion By 2025: Grand View Research, Inc.

The global 3D printing metals market is expected to reach USD 2.86 billion by 2025, according to a new report by Grand View Research, Inc. Metals are the fastest growing 3D printing materials worldwide on account of high application scope coupled with increasing demand from the medical and dental application.

The market has witnessed advancements, both in terms of technologies and materials, in order to facilitate low cost and mass production of the products. This would also lead to flexibility in designs and ease of manufacturing of products for wide range of applications.

Numerous companies including GE have been utilizing metal 3D printing for the development of aerospace parts. In December 2016, Sigma Labs entered into a new contract with Honeywell aerospace. The Defense Advanced Research Project Agency (DARPA) selected the company for completion of phase III of the Open Manufacturing (OM) program. It is aimed at reducing the barriers involved in the metal 3D printing process including speed, cost, and repeatability.

Browse Full Research Report on 3D Printing Metals Market: www.grandviewresearch.com/industry-analysis/3d-metal-printing-market

Further key findings from the report suggest:

• Powder segment is expected to witness the fastest CAGR of over 30% from 2016 to 2025 on account of significant technological development in the field of metal printers
• Aerospace & defense sector dominated the industry in 2015 with a share of over 35% and is anticipated to witness significant growth on account of high application scope in military aircraft, aircraft engine, commercial aircraft, complex weapon systems, high volume weapons, and munition components
• The medical sector accounted for a share of over 30%, in terms of revenue, in 2015 on account of increasing use of the technology in medical implants, medical devices, and surgical equipment including crowns & bridges, model castings, and abutments
• Titanium is expected to witness rapid growth from 2016 to 2025 on account of superior mechanical properties, accuracy in production, and early adoption of the product in aerospace & defense and medical industry
• Asia Pacific is anticipated to witness the fastest growth of over 30% from 2016 to 2025 on account of rapid industrial development, supportive government policies, and high R&D investment in China, Japan, and South Korea
• New product development is one of the major strategies being adopted by the industry players in order to strengthen their global position

Read Our Blog: www.grandviewresearch.com/blogs/bulk-chemicals

Grand View Research has segmented the global 3D printing metals market on the basis of form, product, application, and region:

Form Outlook (Volume, Tons; Revenue, USD Million, 2014 - 2025)

• Powder
• Filament

Product Outlook (Volume, Tons; Revenue, USD Million, 2014 - 2025)

• Titanium
• Nickel
• Steel
• Aluminum
• Others

Application Outlook (Volume, Tons; Revenue, USD Million, 2014 - 2025)

• Aerospace & Defense
• Automotive
• Medical & Dental
• Others

Regional Outlook (Volume, Tons; Revenue, USD Million, 2014 - 2025)

• North America
  • US.
• Europe
  • Germany
  • UK
• Asia Pacific
  • China
  • Japan
• Central & South America
  • Brazil
• Middle East & Africa 

Access Press Release of this Report: www.grandviewresearch.com/press-release/global-3d-metal-printing-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

U.S. Beer & Cider Market Revenue Would Be $271.12 Billion by 2025 | CAGR: 11.6%: Grand View Research, Inc.

The U.S. Beer & Cider Market size is estimated to attain USD 271.12 billion by 2025, growing at a CAGR 11.6%, according to a new study by Grand View Research, Inc. The growing private breweries in the country is expected to stimulate the market growth over the next eight years.

States such as Maine, Colorado, and Michigan are among the popular craft beer producing states. The market is expected to witness robust growth due to large presence of microbrewery, brewpub, and contract brewing companies among others in the country. Furthermore, supportive government regulations in some states is anticipated to encourage the market growth.

The volume of beer & cider consumption is expected to grow at a low pace, owing to the growing increasing millennial generation shifting towards becoming more health conscious. Moreover, consumers that attain legal drinking age are lesser prone to consuming alcohol that is presumed to reduce beer and cider consumption.

The presence of a large number of beer and cider products makes the market more competitive. Furthermore, the market participants are using different combinations of raw materials to develop various types of beer & cider products such as Larger, Ale, and Pilsner among others.

The industry players comprise mainly big players that have large market share and are mainly focused on retaining their market share. Furthermore, these companies have a multi-regional presence and witness stiff competition. The companies have various brands of beer that are developed particularly for each region.

To request a sample copy or view summary of this report, click the link below:
www.grandviewresearch.com/industry-analysis/us-beer-cider-market 

Further key findings from the study suggest:

• The beer and cider market in the U.S. contributed around 67.8 billion to the country’s economy and has provided over 456,000 full-time jobs
• Beer is the fastest-growing segment, registering a CAGR of 11.7% over the next years. The growth is attributed to growing establishment of breweries in the country
• Regulations across states stipulate that breweries have produce certain amount of beer (in gallons) for commencement of operations. The amount varies with the states
• The industry mainly employs three stage distribution (including producers, wholesalers, and retailers) of beer & cider products
• Highest beer consuming states in 2015 include North Dakota, New Hampshire, Montana, South Dakota, and Vermont among others

Grand View Research has segmented the U.S. beer & cider market based on product:

U.S. Beer & Cider Product Scope (Revenue, USD Billion; Volume, Billion Units; 2014 - 2025)

• Beer
• Cider

Browse Press Release of this Report: www.grandviewresearch.com/press-release/us-beer-cider-market-analysis

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

Drill Pipes Market Is Estimated To Generate $1.31 Billion By 2025: Grand View Research, Inc.

The global Drill Pipes Market is expected to reach USD 1.31 billion by 2025, according to a new report by Grand View Research, Inc. Increasing innovation regarding improving product strength is a major trend in the industry. Industry players are focused on developing new technologies and raw materials for better performance in all type of drilling conditions including onshore and offshore remote oil and gas fields.

However, the dip in the crude oil prices over the last two years has restricted the market growth. Rig rental capital is declining in the offshore market, and customers have significantly higher bargaining power in negotiating new contracts and extensions, leading to lower day rates and an oversupply of rigs. 

API grade drill pipes held the largest share in global demand and are expected to continue their dominance over the forecast period. Standardization of the finished products along with the relatively low prices of this grade are anticipated to promote market penetration. Utilizing these products also ensure reduced operational cost to the E&P and operator companies.

API grade products are mostly preferred in normal environments and conventional basins owing to the easy availability and reduced OpEx to both E&P and contractor companies. Exploration in unconventional and harsh environmental conditions particularly in shale, CBM, and tight reserves are expected to steer premium grade drill pipes demand over the forecast period. 

To request a sample copy or view summary of this report, click the link below: www.grandviewresearch.com/industry-analysis/drill-pipe-market 

Further key findings from the report suggest:

• Premium grade drill pipes are expected to account for over 25% of the revenue by 2025. The increasing use of premium grade in tight oil and gas formation is anticipated to drive the segment growth over the next eight years.
• Onshore fields dominated the global drill pipe market with a net demand of over USD 580 million in 2015. Hike in E&P in shale and CBM fields particularly in the U.S., Canada, and China have been the key factors responsible for high market penetration.
• The U.S. market demand in offshore basins exceeded a net value of USD 64 million in 2015 and is estimated to grow at a CAGR of 4.3% from 2016 to 2025
• Asia Pacific is anticipated to witness the fastest growth over the forecast period owing to the flexible regulatory scenario in economies including India, China, Indonesia, and Singapore. The Indonesian drill pipe industry is anticipated to reach a net value exceeding USD 19 million by 2025.
• The global market is dominated mostly by regional players. Some of the multinational players include Inter Drill Asia, TPS TECHNITUBE RÖHRENWERKE, Vallourec, and National Oilwell Varco.

Grand View Research has segmented the global drill pipes market on the basis of grade, application and region:

Global Drill Pipes Grade Outlook (Revenue, USD Million, 2014 - 2025)  

• API Grade
• Premium Grade

Global Drill Pipes Application Outlook (Revenue, USD Million, 2014 - 2025)

• Onshore
• Offshore

Global Drill Pipes Regional Outlook (Revenue, USD Million, 2014 - 2025)

• North America
  • US.
  • Canada
  • Mexico
• Europe
  • Russia
  • UK
  • Norway
• Asia Pacific
  • China
  • India
  • Indonesia
• Central & South America
  • Brazil
  • Argentina
  • Venezuela
• Middle East
  • Saudi Arabia
  • UAE
  • Qatar
  • Kuwait
• Africa

Browse Press Release of this Report: www.grandviewresearch.com/press-release/global-drill-pipe-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