Title: Worldwide Microspheres Market forecasts on regional growth, industry players and more
1Microspheres Market Price, Trends, Industry
Outlook Forecast 2017-2024
2Global Market Scenario of Microspheres Market
Industry
- Microspheres Market size may grow significantly
over the forecast timeframe owing to positive
application scope in medical technology and
healthcare, cosmetics and personal care, and
automotive industries. It is free flowing powders
consisting synthetic polymers or proteins which
are biodegradable. - Strong application outlook in pharmaceutical
sector should drive microsphere market size. They
are ideally used in bone tissue engineering and
drug delivery. Radioembolization is an invasive
process that combines radiation therapy and
embolization to treat liver cancer. Microspheres
drug delivery system are commercially valuable in
development of biopharmaceuticals and small
molecules. -
- Rise in per capita income supported by
improvement in consumer lifestyle should favor
cosmetic market size. Global cosmetic market
should surpass USD 435 billion by 2024, with
gains at over 4.5. Opaque microspheres have
better particle size distribution and excellent
sphericity which reduces wrinkles and fine lines
appearance.
3 Continue
- Microspheres are preferably used in the
automotive industry which can reduce part weight
by 10 to 20. Oil and gas exploration depends
upon hollow glass microspheres which reduces
weight, friction and density. - Reasons to Buy This Report
- 1. Microspheres Market size share
forecast by product application, 2017-2024 - 2. Growth drivers, pitfalls industry
challenges - 3. Key Microspheres Market Market growth
opportunities emerging business models - 4. Competitive benchmarking with market
share analysis and company profiles - Microspheres are used as tracers and particles in
medical devices which are made from glass,
polymers and ceramics. Additionally, they are
used in testing and developing medical devices
owing to their availability in wide range of
colors accompanied with controlled opacity,
particle size distribution, fluorescence,
electrostatic charge and specific gravity. - Global medical device market size is likely to
exceed USD 500 billion by 2024. Increasing new
hospital construction projects along with medical
equipment demand should drive industry growth.
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Research Methodology
5Regional Insights
- North America, led by Canada and the U.S.
microspheres market size may witness significant
gains over the forecast timeframe. Increasing
healthcare sector owing to rising aging
population should drive regional industry growth.
Increasing number of domestic players in the
region supported by government guidelines should
drive industry growth. - Europe microspheres market size, driven by UK,
Italy, France, and Germany, may show steady gains
owing to rise in construction sector. Increasing
construction spending towards new building
development may favor regional industry growth. - Asia Pacific, led by India, South Korea, Japan
and China microspheres market size may register
significant growth owing to increased government
spending on healthcare along with consumer health
awareness towards growing incidence of chronic
diseases should drive regional growth.
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6Competitive Insights
- Global microspheres market share is competitive
with some of the prominent industry participants
include - 3M Company, AkzoNobel, Sigmund Lindner, Potters
Industries, Luminex Corporation, Momentive
Performance Materials and Chase Corporation.
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