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Thermal Imaging Market Worth USD 5.16 Billion at 6.0% CAGR; Rising Usage of Cameras for Border Surveillance Will Favor Growth: Fortune Business Insights™

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Pune, June 04, 2020 (GLOBE NEWSWIRE) — The global thermal imaging market is likely to gain impetus from the ever-increasing demand for thermal camera from the healthcare sector. They are used by doctors and physicians to record and capture temperature variations of the human body for proper diagnosis. These cameras deliver vast amount of data in the forms of videos and images. Those are then analyzed by healthcare providers to receive insights of the vascular and metabolic activities of a particular patient. This information is given in a recently published report by Fortune Business Insights™, titled, “Thermal Imaging Market Size, Share and Industry Analysis, By Technology (Cooled and Uncooled), By Product (Thermal Camera, Thermal Scopes and Thermal Module), By Wavelength (Shortwave Infrared (SWIR), Midwave Infrared (MWIR) and Longwave Infrared (LWIR)), By Application (Security and Surveillance, Monitoring and Inspection, and Detection and Measurement), By Vertical (Aerospace and Defence, Law Enforcement, Healthcare, Automotive, Oil and Gas, Residential, Manufacturing, and Others), and Regional Forecast 2019-2026.” The report further mentions that the thermal imaging market size was USD 3.24 billion in 2018. It is projected to reach USD 5.16 billion by 2026, thereby exhibiting a CAGR of 6.0% during the forecast period.What are the thermal imaging market trends?How many growth drivers and hindrances would arise in the coming years?Which are the top companies present in the market?What are the effective strategies adopted by key players for propelling sales?How will the market be able to cope up with the changing consumer behavior?Drivers & Restraints-High Demand from Fire Service Industry to Augment GrowthThermal imaging cameras are nowadays used rapidly in the fire service industry. They are utilized for the detection of objects, animals, and humans in smoky environment, as well as complete darkness. Several manufacturers are implementing different inorganic and organic strategies for creating and delivering innovative cameras to this industry. These cameras not only assist the firefighters in recusing trapped people, but also enhances personal safety and security. However, these cameras are equipped with very expensive in-built devices. It may obstruct the thermal imaging industry growth during the forthcoming years.Healthcare Segment to Grow Significantly Backed by Need for Disease DetectionBased on vertical, the market is divided into oil and gas, manufacturing, aerospace and defence, healthcare, residential, law enforcement, automotive, and others. Out of these, the healthcare segment held 9.5% thermal imaging systems market share in 2018. It would exhibit high growth owing to the rapid shift of clinicians towards cameras for detecting and treating numerous severe medical conditions, such as circulatory problems, repetitive strain injury, muscular pain, and arthritis. The aerospace and defence segment, on the other hand, is likely to showcase rising usage of thermal cameras for applications consisting of collision avoidance systems, ship guidance systems, and border surveillance.Regional Analysis-North America to Dominate Stoked by Rising Development of Unique CameraGeographically, the market is grouped into Europe, Asia Pacific, Latin America, the Middle East and Africa, and North America. Amongst them, North America generated USD 1.06 billion thermal imaging market revenue in 2018 and is set to lead throughout the forthcoming period. This growth is attributable to the increasing initiatives by reputed companies to develop state-of-the-art cameras equipped with novel features. Many such cameras possess standardized weatherproof thermal sensor modules, inbuilt calibrated thermal image sensors, and adjacent lenses to keep up with a wide range of industrial applications. Europe is expected to follow the footstep of North America and remain in the second position.Asia Pacific is set to experience healthy growth owing to the ongoing development of the automotive industry in the emerging economies, such as India and Japan. The India Brand Equity Foundation (IBEF), for instance, stated that the Indian automotive sector is upsurging every year by 9.5%. It was 4.02 billion units in 2017. Besides, in various sectors, the number of awareness programs regarding thermal imaging is rising. It would also contribute to the growth of the market in this region.Competitive Landscape-Key Players Focus on Novel Product Launches to Gain Competitive EdgeCompanies present in the market are striving persistently to launch innovative products in the market for broadening their portfolio and thus, driving sales. They are also adding several features in their cameras to upgrade the quality. Below are two of the most recent industry developments:September 2019: Leonardo S.p.A., a multinational company specializing in aerospace, defence, and security based in Rome, unveiled its latest SLX-SuperHawk camera. It is equipped with the SuperHawk detector and is made up of more than a million infrared pixels. It helps in making the camera highly capable of fulfilling long-range targeting and surveillance requirements in harsh environments.June 2018: Fluke Process Instruments, provider of a wide range of process imaging systems, launched its brand new high-performance industrial thermal imager named ThermoView® TV40. It is mainly developed for the most challenging climatic conditions. It delivers a fully integrated solution for archiving and monitoring data as well as controlling temperature.
Quick Buy –
Thermal imaging Market Research Report: https://www.fortunebusinessinsights.com/checkout-page/102588
BAE Systems (UK)Workswell (Czech Republic)Leonardo S.p.A. (Italy)Thermoteknix Systems Ltd (UK)Fluke Corporation (US)Lynred (France)FLIR Systems, Inc. (US)Testo SE & Co. KGaA (Germany)DALI Technology (China)L3Harris Technologies, Inc. (US)Seek Thermal (US)Opgal (Israel)Axis Communications AB (Sweden)Other key market playersDetailed Table of ContentIntroductionDefinition, By SegmentResearch ApproachSourcesExecutive SummaryMarket DynamicsDrivers, Restraints, and OpportunitiesEmerging TrendsKey InsightsMacro and Micro Economic IndicatorsConsolidated SWOT Analysis of Key PlayersGlobal Thermal Imaging Market Analysis, Insights and Forecast, 2015-2026Key Findings / SummaryMarket Analysis, Insights, and Forecast – By TechnologyCooledUncooledMarket Analysis, Insights, and Forecast – By ProductThermal CameraThermal ScopesThermal ModuleMarket Analysis, Insights, and Forecast – By WavelengthShortwave Infrared (SWIR)Midwave Infrared (MWIR)Longwave Infrared (LWIR)Market Analysis, Insights, and Forecast – By ApplicationSecurity and SurveillanceMonitoring and InspectionDetection and MeasurementMarket Analysis, Insights, and Forecast – By VerticalAerospace and DefenceLaw EnforcementHealthcareAutomotiveOil and GasResidentialManufacturingOthersMarket Analysis, Insights, and Forecast – By RegionNorth AmericaEuropeAsia PacificMiddle East & AfricaLatin AmericaContinued…!!!

Have a Look at Related Research Insights:
Night Vision Device Market Size, Share & Industry Analysis, By Type (Scopes, Goggles, Cameras, Others), By Technology (Image Intensifiers, Thermal Imaging, Others), By Applications (Military & Defense, Law Enforcement, Hunting, Wildlife Observation, Surveillance & Security, Navigation, Others) and Regional Forecast, 2019-2026Over The Top (OTT) Services Market Size, Share & Industry Analysis, By Service (Online OTT Services, Managed OTT Services), By Type (OTT Communication Services, OTT Media Services, and OTT Applications Services), By Platform (Smartphones, Smart TV, Laptops Desktops and Tablets and Others), and Regional Forecast, 2019-2026Artificial Intelligence (AI) Market Size, Share and Industry Analysis By Component (Hardware, Software, Services), By Technology (Computer Vision, Machine Learning, Natural Language Processing, Others), By Industry Vertical (BFSI, Healthcare, Manufacturing, Retail, IT & Telecom, Government, Others) and Regional Forecast, 2019-2026Thermal Paper Market Size, Share & Industry Analysis, By Width (2.25”, 3.125”, and Others), By Printing Technology (Direct Thermal, Thermal Transfer, and Others), By Application (Point-of-Sale, Tags & Labels, Ticketing, Lottery & Gaming, Medical, and Others), and Regional Forecast, 2020-2027
Temperature Sensor Market Size, Share & Industry Analysis, By Type (Thermocouple, Thermistor, Resistance Temperature Detector (RTD), Semiconductor Temperature Sensor, Infrared Temperature Sensor, and Others), By End-User (Healthcare, Consumer Electronics, Automotive, Aerospace and Defense, Food and Beverages, Energy and Power, Oil and Gas, Chemicals, and Others), and Regional Forecast, 2019-2026
Semiconductor Market Size, Share & Industry Analysis, By Components (Memory Devices, Logic Devices, Analog IC, MPU, Discrete Power Devices, MCU, Sensors and Others), By Application (Networking & Communications, Data Processing, Industrial, Consumer Electronics, Automotive, Government) and Regional Forecast, 2019-2026

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Signant Health extends eCOA leadership position through operational innovations that reduce timelines by at least one-third

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PHILADELPHIA, May 8, 2024 /PRNewswire/ — Signant Health, the leader in evidence generation for modern clinical trials, announced today that it has substantially reduced implementation timelines for its flagship eCOA solution, TrialMax®. By leveraging process and technology enhancements, Signant’s operational teams can reduce the time it takes to go live with electronic patient-reported outcomes solutions by thirty percent or more.  

Sponsors and Contract Research Organizations (CROs) have relied on Signant’s eCOA solution for over 20 years. The solution is known for its flexibility, reliability, scientific support, global logistics support, and ability to scale to any size trial, anywhere in the world. Traditionally, the time to bring the system live for patients and sites was commensurate with the operational complexity and trial design.  
According to the company, customers can now benefit from this highly customizable eCOA solution along with Signant’s leading levels of science, scale, and service – delivered under much faster timelines.
“We are excited to offer customers the best of both worlds,” said Sanjiv Waghmare, Signant’s chief product officer. “They can get the fully featured, market-leading eCOA solution they already use and love, at a much faster pace. We believe this is especially meaningful as trial designs continue to increase in complexity. We want to ensure our customers hit their FPFV dates and start collecting high quality data without worrying about if their eCOA solution will be available.”    
According to Waghmare, Signant’s engineering and operational teams identified areas where process enhancements and automation could dramatically reduce common implementation steps regardless of trial complexity. These steps cover all aspects of a typical eCOA timeline including study build, testing, translations, scale management, and validation.
“This is just the beginning of our efforts to deliver complexity at speed, with outstanding quality,” continued Waghmare. “We are also bringing additional efficiencies to our processes that will accelerate post-implementation support, including reporting, analytics, and data change management.”
Signant also offers a tenured solution for eCOA studies as part of its Signant SmartSignals® Unified Platform, which is fully integrated with EDC, RTSM, eConsent, and telemedicine. For more information about all Signant’s eClinical solutions, go to www.signanthealth.com.
About Signant Health
Signant Health is the evidence generation company. We are focused on leveraging software, deep therapeutic and scientific knowledge, and operational expertise to consistently capture, aggregate, and reveal quality evidence for clinical studies across traditional, virtual, and hybrid trial models. For more than 25 years, over 600 sponsors and CROs of all sizes – including all Top 20 pharma – have trusted Signant solutions for remote and site-based eCOA, EDC, eConsent, RTSM, supply chain management, and data quality analytics. Learn more at www.signanthealth.com.
Contact: 
Heather [email protected]+1 610.400.4141
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Ness Digital Engineering Acquires Intricity – a New York based company specializing in data strategy, governance, modernization, and monetization

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NEW YORK, May 8, 2024 /PRNewswire/ — Ness Digital Engineering (Ness), a global full-lifecycle digital services transformation company, has acquired Intricity, a leading provider of data strategy, governance, modernization, and monetization solutions. The acquisition deepens Ness’s data offerings, which global F1000 clients have utilized to create new revenue streams and improve operating efficiencies.

“Ness has always had a strong capability in data engineering, and the acquisition of Intricity brings the data strategy and advisory capability. Furthermore, Ness will build on Intricity’s strategic alliances with Snowflake and Databricks,” said Ranjit Tinaikar, CEO, Ness Digital Engineering. “We are excited to welcome Intricity’s talented team to Ness, combining our strengths to deliver even greater value to our clients.”
Intricity brings deep expertise in handling complex data modernization and monetization problems that are the heart of any digital transformation today.
“Joining Ness, backed by KKR, presents an exciting opportunity to accelerate our growth trajectory worldwide. We are excited to leverage Ness’s global presence, digital competencies, and deep industry expertise to deliver digital transformation solutions to a wider range of clients,” said Arkady Kleyner, Principal & Co-Founder, Intricity. “Together, we are well-positioned to drive meaningful business outcomes and accelerate innovation for our clients.”
Commenting on the acquisition, Troy Clemente, Principal & Co-Founder, Intricity, added, “We have successfully established ourselves as experts covering the entire information lifecycle, and by joining Ness, we can accelerate our combined clients’ AI journeys based on modern data infrastructures.”
Zinnov acted as financial advisor to Ness Digital Engineering. 
For more information:Tanaya Misra, Global Head – PR & [email protected] 
About Ness Digital Engineering
Ness Digital Engineering, which funds managed by global investment firm KKR acquired in 2022, is a full-lifecycle digital engineering firm offering digital advisory through scaled engineering services. Headquartered in New York, Ness serves our customers across 11 innovation hubs in the US, Eastern Europe, and India. Combining our core competence in engineering with the latest in digital strategy and technology, we seamlessly manage Digital Transformation journeys from strategy through execution to help businesses thrive in the digital economy. For more information, visit www.ness.com. 
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Körber Pharma and Siemens Take the Lead in ABI Research’s MES Software for Pharmaceutical, Biotechnology, and Cell & Gene Manufacturing Competitive Ranking

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LONDON, May 8, 2024 /PRNewswire/ — The new Competitive Assessment by global technology intelligence firm ABI Research provides an in-depth and unbiased examination of the solutions offered by 13 manufacturing execution system (MES) software suppliers targeting pharmaceutical, biotech, and cell & gene manufacturing. The companies evaluated and ranked are:

Market Leaders: Körber Pharma, Siemens, Apprentice,  Rockwell Automation, and TulipMainstream: Dassault Systèmes, GE Digital, Honeywell, Emerson, MPDV, MasterControl, ParsecFollowers: Sepasoft
“Overall, the MES software market for pharmaceutical, biotechnology, and cell & gene manufacturing is highly competitive, and the top innovators offer very comparable solutions. Technology vendors are aggressively developing new functionality, and competitors must closely watch and identify areas where they can match or leapfrog software capabilities,” explains James Prestwood, Industrial & Manufacturing Industry Analyst at ABI Research.
A total of ten overarching criteria were chosen for the purposes of this analysis and segmented across innovation and implementation clusters. These include how comprehensive the solution is and what innovative functionality it offers, data visibility, accessibility, and security within the platform, the user experience, and the capacity of worker augmentation, the MES’s contribution to manufacturers digital thread capabilities, and the alignment of the MES software with the pharmaceutical, biotechnology, and cell & gene manufacturing markets. In addition, the report evaluates MES vendor’s ability to deliver rapid time to value, their experience in delivering the software to manufacturers, the extensiveness of the vendor’s partnership base, the support for SME manufacturers, and the comprehensiveness of the software’s pricing options.
Körber Pharma and Siemens came out on top in the competitor ranking, with both firms scoring well across all criteria. Apprentice ranked as the top innovator in the assessment, offering a wide range of strong functionality designed specifically for life sciences manufacturing, an excellent cloud-native design, and comprehensive low/no-code capabilities.  Dassault Systèmes scored particularly well in the implementation criteria, ranking second, with its center-of-excellence deployment model allowing manufacturers to quickly and consistently deploy and scale DELMIA Apriso.
“Pharmaceutical, biotech, and cell & gene manufacturing have been slow to embrace digital transformation but are now catching up. The industry’s strict regulations mean new solutions must be proven, and a premium should be placed on extensive deployment experiences when choosing solutions and technology partners,” Prestwood concludes.
These findings are from ABI Research’s MES Software for Pharmaceutical, Biotech, and Cell & Gene Therapy Manufacturing Competitive Ranking report. This report is part of the company’s Industrial and Manufacturing Markets research service, which includes research, data, and ABI Insights. Based on extensive primary interviews, Competitive Ranking reports offer comprehensive analysis of implementation and innovation strategies to offer unparalleled insight into a company’s performance and standing compared to its competitors.
About ABI Research
ABI Research is a global technology intelligence firm uniquely positioned at the intersection of technology solution providers and end-market companies. We serve as the bridge that seamlessly connects these two segments by providing exclusive research and expert guidance to drive successful technology implementations and deliver strategies proven to attract and retain customers.
ABI Research是一家全球性的技术情报公司,拥有得天独厚的优势,充当终端市场公司和技术解决方案提供商之间的桥梁,通过提供独家研究和专业性指导,推动成功的技术实施和提供经证明可吸引和留住客户的战略,无缝连接这两大主体。
For more information about ABI Research’s services, contact us at +1.516.624.2500 in the Americas, +44.203.326.0140 in Europe, +65.6592.0290 in Asia-Pacific, or visit www.abiresearch.com.
Contact Info:
GlobalDeborah Petrara Tel: +1.516.624.2558 [email protected] 
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