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Showing posts from March, 2021

Hemostasis & Tissue Sealing Agents Market continues to grow with Ethicon LLC introducing SURGICEL powered absorbable hemostat that assists to combat disruptive bleeding on broad and oozing surfaces

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  Hemostatic treatment is a process that involves the removal of excess hemostatic fluid from the valves in your legs and/or the valves themselves. For those with hemostatic varicose veins, which is what many people experience with hemostatic therapy, a hemostatic varicose vein dresser may help to reduce the swelling and pressure on the legs. Increasing incidence of injuries caused by sports activities and road accidents is expected to drive growth of the global hemostasis & tissue sealing agents market . According to the Centers for Disease Control and Prevention (CDC), around 8.6 million sports and recreation-associated injuries are reported each year in the U.S. According to the same source, the injury rates are higher among males, with children aged 5-14 years. Moreover, according to the World Health Organization (WHO), every year around 20 and 50 million people suffer from non-fatal injuries with many people suffering from a disability. Such a high incidence of these inj...

High Prevalence of Dementia and R&D of New Drugs to Augment Growth of Dementia Drugs Market

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  Dementia is one of the most common age-related medical conditions. As we age, mental processes and memory become affected by changes in the brain, resulting in problems with memory, attention, mood, and behavior. Dementia can occur in anyone, although it is more common in elderly adults and people suffering from other mental disorders such as depression, bipolar disorder, schizophrenia, obsessive-compulsive disorder, and post-traumatic stress disorder. Market Dynamics High prevalence of dementia is expected to propel growth of the dementia drugs market . For instance, according to Alzheimer’s Association, around 5.8 million people in the U.S. aged 65 and older are living with Alzheimer's dementia in 2020. Moreover, increasing geriatric population is also expected to aid in growth of the market. For instance, according to the U.S. Census Bureau, the U.S. geriatric population is expected to reach 77 million by 2034.           R&D of...

Electric Vehicle Charger Market is expanding rapidly with Leading EV Manufacturer Tesla Inc. launching fast electric car charging in Berlin, Germany

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  An electric vehicle charger, also known as an EV charger, electric, rapid recharging system, rapid charging system, electric rapid recharging system, and electric rapid electric vehicle (EV) kit, is a small device that is connected to the car's battery to recharge it while the car is parked. A plug-in hybrid electric vehicle (PHEV), on the other hand, uses electricity from the power company instead of gasoline. Both types are clean and eco-friendly. An electric vehicle charger can be small and unobtrusive. Increasing sales of electric vehicles (EV) worldwide are expected to drive growth of the global electric vehicle charger market . According to the International Energy Agency (IEA), in 2019, electric car sales reached 2.1 million globally, registering a growth rate of 2.6%. According to the Edison Electric Institute (EEI), as of March 2019, there were around 1.18 million electric vehicles on U.S. roads, with EV sales increasing by 81% in 2018 as compared to 2017. Consumers ar...

Increasing Number of Hospitals to Augment Growth of the Hospital Lighting Market

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  Lighting is an integral part of healthcare infrastructure, as it is widely used in intensive care unit (ICU), wards, operation theatres (OT), and in other healthcare settings. Some of these products include LED lighting, CFL, gas discharged lamps, and incandescent lamps. LED (Light-Emitting Diode) lighting is widely used in hospitals due to its high colour rendition index, low power consumption, long life, and high luminous efficacy. LED downlight, LED reflector, and LED panels are some of the commonly used LED lights. Market Dynamics: Increasing integration of modern lighting, such as LED and OLED (Organic Light Emitting Diodes), and the advantages of modern lighting over conventional lighting, such as fluorescent lighting, are expected to propel the growth of the hospital lighting market . According to the United States Department of Energy, for 23 years, the average operational cost of an LED is around US$ 38 as compared to US$ 201 for CFL lighting and US$ 48 for incandesc...

Growing Trend Of Bring Your Own Devices to Boost the Growth of the Identity and Access Management Market

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  Identity and access management are the core concerns of all major corporations and organizations. These are the processes by which an organization protects its confidential information, such as the passwords of its financial transactions, the identities of its employees, and the information about its business operations. Identity and access control are not new concepts. However, recent advances in technology have made these concepts more complicated, costly, and prone to mistakes. Therefore, any company that relies on information systems must employ a strong identity and access management program to ensure that its information systems function effectively. The rising need to reduce identity theft coupled with the increasing spending by government on the security solution is fostering the growth of the identity and access management market . Increasing risk management solutions, web-based applications, and audit management solution is again driving the growth of the market. Grow...

High Prevalence of Cancer and R&D in Anti-Cd39 Antibodies to Augment Growth of Anti-body Coupled T Receptor Therapy Market

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  Antibody-Coupled T cell Receptor (ACTR) is an autologous engineered T cell therapy that combines the Fc receptor, CD16, with endogenous T cell signaling and costimulatory domains. It is combined with tumor-targeting antibodies to exert potent anti-tumor immune responses and eliminate cancerous cells. ACRT has demonstrated potential in the treatment of multiple myeloma and HER2+ advanced cancers. Market Dynamics R&D in anti-CD39 antibodies is expected to propel growth of the Anti-body Coupled T Receptor Therapy Market . For instance, in December 2020, Arcus Biosciences, Inc. expanded its existing partnership with WuXi Biologics, a developer of biologics technology platforms, for R&D in anti-CD39 antibodies using WuXi Bio’s proprietary technology. Moreover, high prevalence of cancer is also expected to aid in growth of the market. For instance, according to the American Cancer Society, in 2019, there will be an estimated 1,762,450 new cancer cases diagnosed and 606,880 ...

Anesthesia Monitoring Devices Market Continues to Grow Owing to the Rising Demand for Surgical Procedures

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  Anesthesia is used to induce unconsciousness during a surgery. Anesthesia monitoring devices are used during a surgical process to check a patient's response toward anesthesia, as well as to track vital signs such as patient temperature, blood pressure, and heart rate under sedation in the operation theater. Moreover, these devices help reduce the risk involved in anesthesia. The need for these devices depends on the type of surgery and it varies in every case. Anesthesia monitoring devices help monitor the dose of anesthesia and reduces the risks involved in anesthesia and surgery. Market Dynamics: Increasing number of surgical procedures due to increasing incidence or prevalence of chronic diseases, such as cardiovascular diseases and cancer, is expected to propel the growth of the anesthesia monitoring devices market . According to the World Health Organization (WHO), cardiovascular diseases (CVDs) are the leading cause of death worldwide, taking an estimated 17.9 million ...

Latest Study explores the Contract Research Organization Services Market Witness Highest Growth in Near Future

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  Emergence of Covid-19 pandemic is expected to propel growth of the contract research organization services market. For instance, globally, as of 4:03pm CET, 1 March 2021, there have been 113,820,168 confirmed cases of COVID-19, including 2,527,891 deaths, reported to the World Health Organization. Moreover, increasing investment in biological therapies is also expected to aid in growth of the market. For instance, in April 2020, i2O Therapeutics, a Harvard-launched biotech company developing a platform for oral delivery of injectable biological drugs, raised US$ 4 million in seed funding led by Sanofi Ventures and JDRF T1D Fund. Launch of new products is expected to offer lucrative growth opportunities for players in the contract research organization services market . For instance, in January 2020, WuXi Advanced Therapies, a global contract development and manufacturing organization, launched fully integrated adeno-associated virus Vector Suspension Platform to help accelerat...

Animation Design Software Market is expanding rapidly with Maxon Computer GmbH introducing Cinema 4D Release 21 (R21) for professional 3D modeling, animation, and rendering software solution

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  Animation design software has truly revolutionized the way that designers and artists communicate their creative ideas to the world. There are so many different types of software available, but most people end up settling on a particular type of program that either allows them to export their work to Flash, or to another program that does the same thing. While both of these programs are excellent at what they do, they are still quite different from one another and offer very different features. There are so many different things that a designer can do with his or her designs that it is important to understand the difference between the different software is. Increasing use of animation design software in movies and the gaming industry is expected to drive growth of the global animation design software market . Animation software design has witnessed significant growth in various industries, especially in movies and gaming. Animation software plays a massive role in movies since...

Increasing Demand for Advanced Military Technologies and Increasing Investment in Military and Defense Sector to Augment Growth of Airborne Weapon Delivery Systems Market

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  There are three major types of airborne weapon delivery systems in development; Long-range Unmanned Aerial Vehicles (LAV), Short-range Unmanned Aerial Vehicle (SRAV), and Laser-guided Air Ballistic Missiles (AGM). There are several programs currently active for each category, including; Ground-based Air Defense, Air-dropped Firepower Capability (AFFC), and Robotic, and Unmanned Aerial Vehicle (URAV). Market Dynamics Increasing demand for advanced military technologies is expected to propel growth of the airborne weapon delivery systems market. For instance, in February 2021, BAE Systems secured a US$ 247 million contract from the U.S Space Force to deliver advanced military GPS receivers and chips for the troops. Increasing investment in the military and defense sector is expected to offer lucrative growth opportunities for players in the airborne weapon delivery systems market . For instance, in March 2019,   China's Ministry of Finance announced a yearly budget of US...

Increasing Demand for Medical Sensors and Use of Sensors in Covid-19 Tracking to Augment Growth of Medical Sensors Market

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  Medical sensors are becoming an integral part of medical facilities throughout the world. They enable facilities to monitor all aspects of patient care, from room temperature to vital signs, from pulse rates to oxygen levels, and more. This is a new frontier in patient care that has the potential to dramatically save money and reduce staff fatigue. A medical sensor system can include a variety of different instruments in various formats, ranging from a simple temperature probe attached to a belt clip to highly sophisticated electronic devices capable of monitoring dozens of different parameters. The most common type of medical sensor is a small portable electronic device that is affixed to a person's skin or clothes. These are designed for use in a wide variety of patient care settings including hospitals, rehabilitation centers, and home health care agencies. They are often used by cardiologists and nurses to monitor heart rates and pulse rates as well as measurements of blood...

Clean Processing of Ingredients and Increasing Demand for Organic Food Products to Augment Growth of Organic Baby Food Market

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  Clean processing of ingredients is expected to propel growth of the organic baby food market. For instance, in February 2021, Else Nutrition Holdings Inc. reported development of a proprietary process to further ensure the safety of its infant formula. Moreover, increasing demand for organic food products is also expected to aid in growth of the market. For instance, according to 2019 Organic Industry Survey by the Organic Trade Association, Organic food sales in the U.S. increased 5.9% in 2018 to reach US$ 47.9 billion and organic food sales made up 5.7% of overall food sales, which rose 2.3% in 2018. Expansion in emerging economies is expected to offer lucrative growth opportunities for players in the organic baby food market . This can be attributed to increase in rate of hospital delivery in rural areas. For instance, according to the National Health Commission, China's rate of hospital delivery remained over 99% in recent six years, and the percentage in rural areas has se...

Launch of Fully Autonomous 3D Mobile Scanning Integration Technologies to Augment Growth of Inspection Robotics Market

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  Inspection robotics is used to inspect and document equipment such as refrigeration trucks, conveyor belts, compressors, ovens, pumps, outboards, boat engines, parts, ships, and airplanes. Market Dynamics                                   Launch of fully autonomous 3D mobile scanning integration technologies is expected to propel growth of the global inspection robotics market. For instance, in August 2020, FARO Technologies, Inc. launched FARO Trek, a fully autonomous 3D mobile scanning integration built in collaboration with the Massachusetts-based robotics firm Boston Dynamics. Launch of software for portable and fixed measuring devices is expected to offer lucrative growth opportunities for players in the global inspection robotics market. For instance, in September 2018, Verisurf Software, a measurement sol...

Rampant Urbanization to Augment the Mechanical, Electrical, and Plumbing (MEP) Services Market Growth

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  Mechanical electrical and plumbing (MEP) services include the planning, designing, and managing various MEP systems of the building. MEP services are gaining traction with the increasing incorporation of BIM (Building Information Modeling) in building construction, planning, and management. MEP services are an integral part of the residential, commercial, and government buildings. Market Dynamics: Rapid urbanization in emerging economies and increase in infrastructure projects (such as the emergence of smart cities) is expected to propel the growth of the mechanical, electrical, and plumbing (MEP) services market . For instance, the government of India launched ‘100 Smart Cities Mission’ (an urban renewal and retrofitting program), which aims to tackle key issues resulting from India's rapid urbanization by 2022. Moreover, increasing number of construction projects worldwide and i ncreasing infrastructure investments are also expected to augment the growth of the mechanica...

Increasing Demand for Consumer Electronics to Boost Growth of the Wafer Inspection Equipment Market

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  Wafer manufacturing is an electrical process that consists of several repetitive, step-by-step processes to form complete photonic or electrical circuits on thin, transparent semiconductor wafer materials. Examples include the manufacture of LEDs, radio frequency generators, photo-resistors, microprocessors, and other electronics. Wafer inspection equipment is used to detect defects during wafer manufacturing processes. These equipment detect both the pattern defects and the physical defects by obtaining the coordinates of the defect’s position. Inspection equipment improve the quality of manufactured semiconductor device. Therefore, these inspection devices are indispensable for maintaining the production yield of semiconductors. Market Dynamics: Increasing demand for high performing and low cost semiconductors is expected to augment the growth of the wafer inspection equipment market . For instance, in May 2020, TCS launched TCS WaferWise, a cloud-based wafer anomaly dete...

Anti-counterfeit Packaging Market Continues to Expand as E-commerce Giant Amazon Joins Hands with the U.S. Government to Curb Entry of Counterfeit Products in Country’s Supply Chain

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  Anti-counterfeit packaging solutions such as radio-frequency identification (RFID), forensic techniques, 2D barcodes, holograms, and more are used to protect customers from counterfeit products. Secure packaging plays a key role in preventing the counterfeiting of any product. Anti-counterfeiting packaging provides a secure and safe packaging solution to the product, in order to eliminate infringement and counterfeiting.   Stringent laws and regulations enforced by governments are expected to drive growth of the global anti-counterfeit packaging market during the forecast period. The government of many countries has enforced stringent regulations and laws to curb the counterfeiting of products. Furthermore, in September 2020, the International Trademark Association (INTA) announced to step up its efforts to combat counterfeit products with new laws under consideration. Moreover, in December 2019, in the U.S., the SANTA Act (Stopping All Nefarious Toys in America Act) was ...