Dye Penetrant Testing Market Will See Strong Expansion through 2020-2025 | Top Key Company's - GE, Olympus, YXLON international, Mistras, Zetec, Nikon Metrology

Global Dye Penetrant Testing Market Synopsis:

The exclusive research report on the Global Dye Penetrant Testing Market 2020-2025 examines the market in detail along with focusing on significant market dynamics for the key players operating in the market. Global Dye Penetrant Testing Industry research report offers granulated yet in-depth analysis of revenue share, market segments, revenue estimates and various regions across the globe.

According to the market research study, Dye Penetrant Testing (DP), also called Liquid Penetrate Inspection (LPI), is a widely applied and low-cost inspection method used to check surface-breaking defects in all non-porous materials (metals, plastics, or ceramics). The penetrant may be applied to all non-ferrous materials and ferrous materials although for ferrous components magnetic-particle inspection is often used instead for its subsurface detection capability. Dye Penetrant Testing is used to detect casting, forging and welding surface defects such as hairline cracks, surface porosity, leaks in new products, and fatigue cracks on in-service components.

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Significant points in table of contents: Market Definition, Market Overview, Business Introduction, Segmentation (Region Level), Segmentation (Type Level), Segmentation (Industry Level), Segmentation (Channel Level), Market Forecast Year, Segmentation Type, Segmentation Industry, Market Cost Analysis, and Conclusion. The Dye Penetrant Testing Market is segmented based on Product, source, application and Regions. On the basis of product, the market is sub-segmented.

Regionally, North America and Europe holds major share in Global Dye Penetrant Testing Market. Moreover, Asia-Pacific is expected to record higher growth rate in Dye Penetrant Testing market during the forecast year.

Top Major Key Players in the Global Dye Penetrant Testing Market:

1 Applus

2 GE Inspection technologies

3 Olympus Corporation

4 YXLON international

5 Mistras

6 Zetec

7 Nikon Metrology and More....................

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Product Type Segmentation

1 Metal-containing Dye Detection

2 Non-metallic Dye Detection

Industry Segmentation

1 Oil Exploration/Production and Refining

2 Automotive

3 Maritime

4 Others

Latest Business News:

Olympus Corporation (April 06, 2020) - The iTind Device Receives FDA de Novo Classification Order for Benign Prostatic Hyperplasia (BPH) Non-Surgical Treatment Device - Olympus, a global technology leader in designing and delivering innovative solutions for medical and surgical procedures, announced today the FDA De Novo classification of the iTind device, a non-surgical device for the minimally invasive treatment of Benign Prostatic Hyperplasia (BPH). The iTind device was developed by the Israeli-based medical device manufacturer Medi-Tate. Through an investment in Medi-Tate, Olympus holds the exclusive right to distribute Medi-Tate products in the U.S., including the iTind device. This strategic investment, and the introduction to the U.S. market of this novel device, strengthens the already robust Olympus urology portfolio by offering expanded options in enhanced patient care.

BPH is one of the most common diseases in aging men and the most common cause of lower urinary tract symptoms (LUTS). According to American Urological Association, BPH is a condition that 8 out of 10 men will face in their lifetimes. Treatment with the iTind device is straight forward and avoids complications associated with prescription medications, surgery, or permanent implants. The flexible three-strut nitinol device, which can be placed during an in-office procedure, gently expands over five days to create channels that allow urine to flow and reshape the prostate.

"Based on my initial experience in clinical trials, I'm excited to be able to offer this new office based procedure to treat men who are suffering from common symptoms of an enlarged prostate and want a solution that has been shown to not compromise sexual function," said Dr. Jed Kaminetsky, Clinical Assistant Professor at NYU Medical Center and a Board Certified Urologist at University Urology in New York City.

For years Olympus has been an innovator in developing and marketing surgical treatment options for BPH, with electrodes for resection, vaporization and enucleation. With the recent FDA Classification Order of the iTind device, Olympus will continue to be a global market leader in men's health.

"We are very excited to take the next step in making this new minimally invasive BPH treatment available to patients in the U.S. and to offer physicians the ability to treat patients in office settings" said Nacho Abia, President and CEO of Olympus Corporation of the Americas. "Our investment in Medi-Tate expands our patient care offerings in BPH, adding to our market-leading plasma resection portfolio for TURP. The agreement supports one of the company's key strategic initiatives to drive growth in our urology business and expand our minimally invasive surgical solutions. This will further enable Olympus to improve clinical outcomes, reduce overall costs and enhance quality of life for patients."

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Major Points in Table of Contents:

Global Dye Penetrant Testing Market Report 2020

1 Dye Penetrant Testing Product Definition

2 Global Dye Penetrant Testing Market Manufacturer Share and Market Overview

2.1 Global Manufacturer Dye Penetrant Testing Shipments

2.2 Global Manufacturer Dye Penetrant Testing Business Revenue

2.3 Global Dye Penetrant Testing Market Overview

3 Manufacturer Dye Penetrant Testing Business Introduction

3.1 Applus Dye Penetrant Testing Business Introduction

3.2 GE Inspection technologies Dye Penetrant Testing Business Introduction

3.3 Olympus Corporation Dye Penetrant Testing Business Introduction

3.4 YXLON international Dye Penetrant Testing Business Introduction

3.5 Mistras Dye Penetrant Testing Business Introduction

3.6 Zetec Dye Penetrant Testing Business Introduction

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