Health and Wellness
Overview of the cosmetic surgery market
Technavio’s market research analysts have predicted that the global cosmetic surgery market will grow at a rapid pace and will post a CAGR of close to 7% over the forecast period. In the recent years, it has been observed that a lot of importance is associated with the physical appearance of an individual, which is one of the primary factors driving the growth of the global cosmetic surgery market. Besides boosting self-confidence and self-esteem, cosmetic surgery also helps in gaining acceptability in social situations as well as the workplace. Also, people in countries such as Brazil, the US, and Venezuela pay a lot of attention to their looks, and hence, the number of people undergoing surgical procedures, such as liposuction, breast augmentation, tummy tuck, and non-surgical procedures like facial rejuvenation procedures is high in these countries. Moreover, the affordability of cosmetic surgeries has increased in developing countries. Higher disposable incomes in Pacific Rim countries such as Malaysia, Indonesia, and Vietnam are expected to drive market growth even further.
Cosmetic surgery is slowly but steadily gaining popularity with the male population, and this is anticipated to escalate in the coming years. There has been a considerable increase in both surgical and nonsurgical options over the past five years. Moreover, according to a recent study, approximately 70% of men have shown interest in cosmetic surgeries, where balanced nose, face rejuvenation, and a trimmer waistline are common goals among men. The rising popularity of cosmetic surgeries among men due to the desire to look youthful will contribute to this market’s growth over the next four years.
Competitive landscape and key
Overview of the fluorescence in situ hybridization (FISH) probe market
Extensive research carried out by the market research analysts at Technavio has shown that the global fluorescence in-situ hybridization (FISH) probe market will witness impressive growth and post a CAGR of more than 7% over the forecast period. With the increasing use of DNA probe-based diagnostics, the market for FISH probe is anticipated to have a positive outlook in the coming years. DNA probes help physicians study the chemical structure of DNAs and detect abnormal gene sequences of pathogens that are potential causes of diseases. Moreover, based on the amount of target DNA present, researchers and scientists can easily isolate specific gene polymorphisms by targeting abnormal DNA directly or indirectly. DNA probe-based diagnostics help to better understand diseases at the molecular level with the help of several novel techniques such as PCR technology, DNA microarrays and microfluidics, FISH, and DNA nanotechnology. These diagnostic procedures offer a degree of efficiency, accuracy, and reliability, leading to their augmented adoption during the estimated period.
One of the recent trends gaining traction in the market is the increasing demand for prenatal FISH probe. The rising number of chromosomal defects among foetuses has led to an increase in the number of expectant mothers undergoing screening procedures to detect genetic anomalies at an initial stage.
Outlook of the adult vibrator market in the US
The adult vibrator market in the US is growing at a rapid pace and is expected to post an impressive CAGR of more than 12% over the forecast period. The substantial growth of the sex toys market, especially the adult vibrator segment, has captured the attention of investors and inventors alike. Consequently, the number of start-ups in the adult vibrator market has seen a significant increase in the last few years. The extent of innovation introduced by these start-ups can potentially change the entire dynamic of the market. For instance, start-up projects, such as Lelo Ora and The Ultimate G have created vibrators that are markedly different from the existing products in the market in terms of design and components. The increasing number of vendors in the market will result in intense competition and product variety, gradually fuelling this market’s growth prospects in the coming years.
According to the market research analysts at Technavio, the growing popularity of couples’ vibrator is one of the emerging trends spurring the growth prospects of this market during the forecast period. Couples’ vibrators are a relatively recent development in the adult vibrator market in the US. These vibrators are used to stimulate both the partners during intercourse. This product category has become immensely popular over the past two years with several product launches from leading vendors. Companies have sensed the substantial market potential this new segment has and have invested in developing new products to cater to this new customer segment.
Competitive landscape and key vendors
The adult vibrator market in the US is highly fragmented due to the presence of a vast number of vendors offering products in this category. The high growth rate and
Global market outlook for carotenoids
In this market research, analysts have estimated the global carotenoids market to grow moderately at a CAGR of over 4% during the estimated period of 2016 to 2020. Much of this market’s growth will be impelled by the rising demand for functional and fortified food products. The demand for functional and fortified food products and beverages is growing as consumers are looking for ingredients that address specific health concerns and promote digestive, immune, and brain/memory health. Factors such as the desire to improve well-being, change in buyers' desires, innovations in nourishment science, and changes in sustenance controls are responsible for changing the consumer’s attitude towards food products and food supply trends.
Technavio’s market research analyst has observed that the EMEA region will continue its market dominance during the forecast period and will generate revenues of around USD 635 million by 2020. With the growth of the livestock industry in Europe, the use of carotenoids in the feed has also increased due to their antioxidant nature and their ability to enhance pigmentation in aquatic and poultry animals. Since adding feed pigments is an economical option, the sales of meat products supplemented with feed pigments in the European market has increased substantially.
Competitive landscape and key vendors
This market is extremely fragmented due to the presence of intense competition between several large, medium-sized, and small manufacturers that provide diagnostic products. These vendors form partnerships with smaller companies to maintain their market shares and to gain a competitive edge over
Global outlook of the sports intimate wear market
Extensive research carried out by the analysts at Technavio has shown that the global sports intimate wear market will grow tremendously and will post an impressive CAGR of more than 10% over the forecast period. With the rising popularity of compression wear, the sports intimate wear market has a positive outlook in the coming years. Compression therapy is a relatively new treatment for sore muscles and aching joints. It involves the use of garments such as shirts, leggings, and stockings made from a spandex-like material that provide a tight fit to reduce stress on muscles and joints, thereby minimizing fatigue and pain. The primary benefits of compression sportswear are that they keep muscles warm and remove sweat from the body to prevent rashes and chafing. Compression wear is popular among athletes, and also among those who undertake any form of exercise. As compression wear can give athletes a competitive edge by improving their performance, reducing the risk of injury, and accelerating recovery during and after exercise, its adoption will increase significantly during the estimated period, leading to the overall growth of the sports intimate wear market.
One of the recent trends that are likely to drive this market’s growth is the growing popularity of sweatpants among women. Until recently, women preferred tight fitting clothes that were more of a fashion statement. However, the last decade has seen a gradual decline and women have started to move towards more comfortable clothes, particularly sportswear for a casual occasion and settings. Furthermore, innovations such as use of ‘seamless’ materials, as well as the shift in young women’s attitudes toward dressing for comfort as well as style, have contributed to the rise in sales of fuller-bottomed briefs and a decline in sales of thongs, which will also propel this market’s growth prospects in the
Overview of the global premature ejaculation treatment market
Technavio’s market research analyst predicts the global premature ejaculation treatment market to grow at a CAGR of more than 9% by 2020. Recently, some of the major pharmaceutical companies in the market have started focusing on the development of new treatment methods for premature ejaculation. They have come up with Botox, which is injected into the bulbospongiosus, the exterior muscle in the penis that is responsible for erections, orgasms, and ejaculation. Another treatment gaining traction in the market is the Long Love condom, which contains local anaesthetics such as benzocaine and lidocaine. The men using the condom can easily extend the ejaculation duration during sexual intercourse. The market is also witnessing the introduction of several alternative treatments for premature ejaculation, which include herbal medications such as cinnamon bark, angelica, clove, and dong quai. These are used as vitamins and supplements and are launched as medications with less side effects.
During 2015, the Americas was the largest revenue-generating region in the market and accounted for more than 53% of the total market revenue. A major reason for the market growth in the Americas is a significant rise in the number of premature ejaculation patients due to psychological factors such as strain and stress resulting from the ever-changing lifestyle. Factors such as the increase in awareness among public and health professionals of the signs and symptoms of premature ejaculation and the necessity to treat the condition for a satisfactory sex life will boost the growth of the market in this region.
Competitive landscape and key vendors
The market is oligopolistic by