Need for high-level security in the government sector is driving the touchless sensing equipment market

The global touchless sensing equipment market is anticipated to grow at a CAGR of 32.2% over 2012 to 2016. The growing need for high-level security in the government sector is set to drive the global touchless sensing equipment market. Although the market has witnessed rapid technological advancement of late, yet the fact that touchless sensing equipment is not 100% accurate could pose a challenge to its future growth.

A major trend in the global touchless sensing equipment market involves rapid technological advancements. The continuous technological advancements and modernization across the globe have increased the adoption of touchless sensing equipment in various sectors. Such advancements also enable touchless sensing equipment vendors to deliver high-quality products to their customers. The rate of change and technological advancements in the global touchless sensing equipment market is very high that has, in turn, led to increased accuracy of such equipment.

One of the drivers of growth for the global touchless sensing equipment market comprises the increased need for high-level security in the government sector. Government departments such as intelligence, defense, finance and military are the major adopters and users of touchless facial recognition technology. In recent years, the government sector has been the major revenue contributor to the market.

Further, one of the major challenges in this market centers on the fact that touchless sensing equipment is not 100 percent accurate. This is one of the major challenges for vendors of such equipment since it has reduced their adoption across customer segments.

For further insights, Global Touchless Sensing Equipment Market

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Stringent regulatory requirements pose challenges to global vitamin D testing market growth

The global vitamin D testing market is expected to grow at a CAGR of 32.36% over 2013 to 2018. One of the key factors contributing to the market’s growth is the increase in aging and chronically ill patient populations worldwide. The global vitamin D testing market has also witnessed an increase in product approvals.

The global vitamin D testing market is experiencing a significant increase in product approvals for leading vendors. For instance, Qualigen Inc. received the FDA approval for FastPack Vitamin D Immunoassay for use on its proprietary FastPack System for the rapid determination of vitamin D status and Gold Standard Diagnostics Corp. obtained the FDA clearance for its 25-OH Vitamin D Total ELISA test in July 2013. Moreover, DiaSorin received the FDA clearance for its newly developed LIAISON 25 OH Vitamin D TOTAL assay in February 2012. These product approvals are expected to have a positive impact on the growth of the market.

A major driver influencing the growth of the global vitamin D testing market is the increase in the aging and chronically ill populations worldwide. The majority of the global population is prone to several diseases as a result of changes in their lifestyles and food habits. This increases the demand for various diagnostic procedures, including vitamin D testing. Presently, vitamin D deficiency is associated with several diseases such as cancer, diabetes, heart attack and depression. That apart, one of the other major challenges involves the stringent regulatory approval process for vitamin D testing devices that leads to delayed approval of such devices.

For further insights, Global Vitamin D Testing Market

About Research on Global Markets

Research on Global Markets is a leading source for market research on various sectors globally offering premium research content from worldwide publishers of market research reports.

To know more about our services, connect with us: support@researchonglobalmarkets.com

Global Research Reports on Touchless Sensing Equipment Market

Global Touchless Sensing Equipment market 2012-2016, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the Americas, and the EMEA and APAC regions; it also covers the Global Touchless Sensing Equipment market landscape and its growth prospects in the coming years. The report also includes a discussion of the key vendors operating in this market.







Find more at : Global Touchless Sensing Equipment market

Global Research Reports on Vitamin D Testing Market

Global Vitamin D Testing Market 2014-2018, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers Americas, EMEA and APAC regions; it also covers the Global Vitamin D Testing market landscape and its growth prospects in the coming years. The report also includes a discussion of the key vendors operating in this market.




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Market trends and research reports on Russian IT industy

This report, the IT Market in Russia 2012-2016, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the IT market in Russia landscape and its growth prospects in the coming years. The report also includes a discussion of the key vendors operating in this market. The key vendors dominating this space include ASUSTek Computer Inc., Hewlett Packard Co., IBM Corp., and National Computer Corp.





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Research Report on Long Term Evolution market in the US

This report, the LTE Market in the US 2012-2016, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the LTE market in the US landscape and its growth prospects in the coming years. The report also includes a discussion of the key vendors operating in this market.






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India Drug Forecast and Market Analysis for Dry Eye Syndrome

Dry eye syndrome (DES), or keratoconjunctivitis sicca, is a multifactorial disease of the eye caused by dryness, decreased tear production, or increased tear film evaporation. DES, which is often referred to simply as dry eye, is the most prevalent form of ocular discomfort and irritation. The most common symptoms of DES are ocular irritation and discomfort, foreign body sensation, fatigue, and visual disturbances, which interfere with daily activities. In the elderly population, it is the most common reason for seeking eye care, and this is expected to increase exponentially with an aging demographic.








Find more at : India Drug Forecast and Market Analysis for Dry Eye Syndrome