E-Book Reader Market In-Depth Analysis and Forecast – 2033

According to a recent market report published by Persistence Market Research titled “E-Book Reader Market: Global Industry Analysis (2012 – 2016) and Forecast (2017 – 2020)” the global e-book reader market was valued at US$ 1401.4 Mn in 2016. Demand for e-book readers is expected to be supported by an increasing adoption of online content in the educational curriculum, an increasing adoption of e-books, a growing e-learning market and increasing availability of free e-books on the internet.

Persistence Market Research Recommendations

E-book reader manufacturers can focus on expanding their businesses across countries in APAC and MEA where the regional governments are taking initiatives pertaining to digital education systems and are also investing heavily on the e-education system. North America and Europe could be potential growth regions for e-book reader vendors, owing to the growing adoption of e-books across countries in these regions. E-book reader manufacturers can focus on advanced and new technologies such as Text-to-Speech, Audiobooks, and Music to increase their market share in various regions.

E-Book Reader Market
E-Book Reader Market

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Global E-Book Reader Market: Segmentation & Forecast

The global e-book reader market is segmented on the basis of screen type, connectivity type, distribution channel, price range and region. On the basis of screen type, the market is segmented as E Ink screen and LCD screen. The E Ink screen sub-segment was valued at US$ 1009.1 Mn in 2016. On the basis of connectivity type, the market is segmented as Only Wi-Fi and Wi-Fi and 3G. The Wi-Fi and 3G sub-segment is projected to be valued at US$ 303.0 Mn by the end of 2020. On the basis of distribution channel, the market is segmented as Organized Retail store, Unorganized Retail store and e-Commerce. The E-Commerce sub segment is estimated to be valued at US$ 275.1 Mn by the end of 2020. On the basis of price range, the market is segmented into Below US$ 100, US$ 101 – US$ 200, and Above US$ 200. In terms of value, the US$ 101 – US$ 200 segment was valued at US$ 619.3 Mn in 2016.

Global E-Book Reader Market: Regional Forecast

Persistence Market Research tracks the performance of the global e-book reader market across the five key geographies of North America, Latin America, Europe, Asia Pacific, and the Middle East & Africa. According to Persistence Market Research analysis, the Asia Pacific regional market is expected to witness relatively good demand for e-book readers over the forecast period. Revenue from the e-book reader market in Asia Pacific and North America is estimated to collectively account for over 50% of the global e-book reader market revenue in 2017.

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Global E-Book Reader Market: Key Players

The report profiles some of the companies operating in the global e-book reader market such as

  • Amazon
  • Rakuten Kobo, Inc.
  • Barnes & Noble
  • Hanvon Technology Co. Ltd.
  • Onyx International Inc.
  • PocketBook International SA
  • Aluratek Inc.
  • Bookeen
  • ECTACO Inc.
  • Ematic
  • Arta Tech
  • Wexler Flex
  • Others.

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Key Segments Covered

By Screen Type
  • E Ink Screen
  • LCD Screen
By Connectivity Type
  • Only Wi-Fi
  • Wi-Fi and 3G
By Distribution Channel
  • Organized Retail Store
  • Unorganized Retail Store
  • e-Commerce
By Price Range
  • Below US$ 100
  • US$ 101 – US$ 200
  • Above US$ 200
By Region
  • North America
  • Latin America
  • Europe
  • Asia Pacific
  • Middle East & Africa

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Optical Transceivers Market Higher Growth Rate and Forecast – 2033

According to analysis by Persistence Market Research, the global optical transceivers market is expected to surge at a CAGR of 14.6% and top a valuation of US$ 34 Bn by the end of 2032.

Upgraded parts for effective network utilization are optical transceivers. The main element promoting the use of optical transceiver components is their affordable network information transfer. Optical transceivers also outperform conventional transceiver devices in terms of preference since they requires less maintenance as compared to conventional devices.

Optical transceivers offer a lot of bandwidth and are widely employed in high-speed network infrastructures such as broadband Internet connections. To upgrade communication networks and data center networks for effective traffic management at faster rates, optical transceivers are used. The foundation of a mobile communication network is an optical network. As the need for dependable and quick mobile communication increases, optical transceivers are significantly being used for communication network infrastructure.

Optical Transceivers Market
Optical Transceivers Market

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Key Takeaways from Market Study

  • By form factor, the SFF & SFP segment will account for a significant share in the global market. However, the QSFP segment is estimated to expand at a robust CAGR of 18.2% through 2032.
  • By fiber type, the multimode fiber segment is likely to evolve at a higher rate than single mode fiber.
  • By data rate, the more than 100 GBPS segment is projected to progress at a CAGR of 17.4% between 2022 and 2032.
  • By application, the data centers segment is estimated to hold a major market share in 2022; however, the telecommunications segment is estimated to dominate the market with a share of 41.2% by the end of 2032.
  • The Japan optical transceivers industry is anticipated to expand at a CAGR of 18.9% through 2032.
  • In India, sales of optical transceivers are estimated to surge at 22.7% CAGR during the forecast period.

“Over the past few decades, network traffic has been expanding dramatically. All the facets of network infrastructure, including 5G access, intra-data center networks, and metro, are impacted by this development. Therefore, rising digital applications such as augmented and virtual reality, internet of things, and connected homes & cars, have been major factors driving optical transceivers market growth,” says a Persistence Market Research analyst.

Increasing Demand for Energy-efficient & Compact Transceivers

Smaller, less expensive, and energy-efficient optical transceivers are in high demand right now. Due to their energy-efficient features, low-cost transceivers have seen an increase in demand in telecom and data center applications. Since the introduction of the CFP module, numerous technological advancements have led to the creation of small form factors.

High data transmission speeds and longer reach are needed by data centers and businesses, which has increased port density and improved power usage. This is sufficient to fuel market expansion for inexpensive optical transceivers.

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Furthermore, the market for optical transceivers has been boosted by products from well-known companies such as Accelink (China), which provide multi-channel 100/400G optical transceivers for datacom applications, Lumentum (US), which provides SFP+ optical transceiver modules for metro networks, and Broadcom (US), which provides affordable SFF optical transceiver modules for data center applications.

Key Players :

  • II-VI Incorporated
  • Accelink Technologies
  • Arista Networks Inc.
  • Broadcom Inc.
  • Cisco Systems, Inc.
  • Fujitsu Optical Components Limited
  • Huawei Technologies Co., Ltd.
  • NEC Corporation
  • ZTE Corporation
  • Sumitomo Electric Industries
  • Applied Optoelectronics
  • Infinera
  • Eoptolink
  • Perle Systems
  • Fiber Optic Communications, Inc. (FOCI)

More Valuable Insights on Offer

Persistence Market Research’s report on the optical transceivers industry research is segmented into five major sections – form factor (SFF & SFP, CFP, QSFP, XFP, CXP, and others), fiber type (single mode fiber and multimode fiber), data rate (less than 10 gbps, 10 gbps to 40 gbps, 41 gbps to 100 gbps, and more than 100 gbps), application (telecommunications, data centers, and enterprises), and region (North America, Latin America, Europe, East Asia, South Asia & Pacific, and the Middle East & Africa), to help readers understand and evaluate the lucrative opportunities in the optical transceivers market.

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Optical Transceivers Industry Research Segmentation

Optical Transceivers Market by Form Factor:

  • SFF & SFP
  • CFP
  • QSFP
  • XFP
  • CXP
  • Others

Optical Transceivers Market by Fiber Type:

  • Single Mode Fiber
  • Multimode Fiber

Optical Transceivers Market by Data Rate:

  • Less than 10 Gbps
  • 10 Gbps to 40 Gbps
  • 41 Gbps to 100 Gbps
  • More than 100 Gbps

Optical Transceivers Market by Application:

  • Telecommunications
  • Data Centers
  • Enterprises

Optical Transceivers Market by Region:

  • North America Optical Transceivers Market
  • Latin America Optical Transceivers Market
  • Europe Optical Transceivers Market
  • East Asia Optical Transceivers Market
  • South Asia & Pacific Optical Transceivers Market
  • Middle East and Africa (MEA) Optical Transceivers Market

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Wireless Audio Device Market Real- Time Analysis and Forecast – 2033

Simplicity, portability and convenience are the three key factors that drive consumers to switch to a wireless lifestyle by purchasing devices sold in the wireless audio devices market. In addition to this, improving Internet infrastructure has allowed streaming services to become popular across both developed and emerging markets.

Approximately a fifth of Twitter users have received portable speakers as a gift and half of those surveyed on Facebook said that they preferred to buy cost-effective portable speakers. All these factors portray a bright future for the wireless audio devices market that has been studied by Persistence Market Research in a new report titled ‘Wireless Audio Devices Market: Global Industry Analysis 2012 – 2016 and Forecast 2017 – 2025’. The wireless audio devices market is on track to be worth more than US$ 25 Bn by the end of 2025 and grow at a CAGR of 8.5% from 2017-2025.

Wireless Audio Device Market
Wireless Audio Device Market

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North America Most Attractive Region in the Wireless Audio Devices Market

It is hardly surprising that North America accounted for a third of the wireless audio devices market in 2016 and this is anticipated to drop only marginally by the end of the forecast period. The region has several factors in its favor such as high disposable income, widespread Internet connectivity, and a population that is quicker to adopt the latest gadgets and gizmos.

Audio and video streaming services have become extremely popular here and it is only a matter of time before these services outpace traditional content delivery formats. The North America wireless audio devices market is likely to exceed US$ 7 Bn by end 2025 and represents an incremental dollar opportunity of more than US$ 3 Bn during the eight-year study period.

Bluetooth Technology Dominates the Wireless Audio Devices Market

The proliferation of Bluetooth technology in smartphones, tablets, and laptops has come to the notice of key players in the wireless audio devices market. The Bluetooth segment dominates the wireless audio devices market with a market share estimated to touch 70% by 2025 end and it is unlikely to cede this commanding position to the Wi-Fi segment anytime soon. The Bluetooth segment is expected to record the highest segmental CAGR of 8.8% for the period 2017-2025.

Focus on Organized Retail and E-commerce in the Wireless Audio Devices Market

While organized retail is currently the largest distribution channel in the wireless audio devices market, e-commerce should become much more important in the days ahead. A Y-o-Y growth rate that is always in excess of 8% throughout the duration of the forecast period makes e-commerce a particularly enticing distribution channel in the wireless audio devices market and it is projected to push past US$ 8.3 Bn by end 2025.

Portable Speakers Popular in the Wireless Audio Devices Market

Manufacturers are experimenting with various colors, sizes, features, and technologies in the wireless audio devices market and they have invested heavily in the portable speakers product type segment because of sustained consumer demand for this product. A high Y-o-Y growth rate is predicted to make this segment account for a market share of approximately 46% of the wireless audio devices market at the end of the study period.

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Residential Users More Lucrative than Commercial Users

The wireless audio devices market is more of a consumer centric market and residential users represent approximately 4/5th market share. The residential end use segment is poised to be almost five times larger than the commercial segment by end 2025 and key stakeholders would do well to devise products that are well-suited to residential users.

Global Wireless Audio Devices Market: Competition Dashboard

Persistence Market Research has profiled some of the most prominent companies active in the wireless audio devices market. These include

  • Panasonic Corporation
  • Bose Corporation
  • Yamaha Corporation
  • Sony Corporation
  • JVC KENWOOD Corporation
  • Logitech International S.A
  • Marshall
  • Samsung Electronics
  • Panasonic Corporation
  • Sonos
  • boAtlifestyle.in
  • Philips

Key Insights into the Wireless Audio Devices Market

There has been a rapid uptake of wireless speakers as consumers seek out convenience and portability over all else. Portable speakers within the price range of US$ 200-500 are estimated to witness the highest demand as new companies are entering the mid-range segment. Key players could also try to strengthen their long-term business contracts and provide superior aftersales service to distinguish themselves from rivals in the wireless audio devices market.

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Wireless Audio Devices Market: Segmentation

Product
  • Earphones
  • Headphones
  • Portable Speakers
Technology
  • Bluetooth
  • Wi-Fi
  • Others
Distribution Channel
  • Organized Retail
  • Unorganized Retail
  • Online/E-commerce
End User
  • Residential
  • Commercial
Region
  • North America
  • Latin America
  • Western Europe
  • Eastern Europe
  • Asia Pacific excluding Japan
  • Japan
  • Middle East & Africa

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Wireless Car Charging Market Detailed Analysis and Forecast – 2033

This updated analysis on the wireless car charging market by skilled analysts at Persistence Market Research estimates the industry to surge at an impressive CAGR of 42.5% over the next ten years. As per this analysis, market revenue totaled US$ 16 Mn in 2020, and is expected to amount to a valuation of US$ 550 Mn by the end of 2031.

The automotive industry is seeing a major paradigm shift from fossil fuel-operated vehicles to electric and hydrogen-powered vehicles. This shift is the result of depleting fossil fuels, increasing prices of these fuels, rising environmental concerns about emissions from fossil-powered vehicles, etc.

As the world searches for cleaner alternatives for fossil fuels, electric vehicles are the first choice as they have proven their efficiency and practicality. The number of electric vehicles and electric vehicle manufacturers has grown substantially over the past decade, and this is expected to propel demand for wireless car charging. Benefits such as faster charging, high convenience, and safe and effective than wired charging make wireless charging a preferred choice for electric vehicles.

Wireless Car Charging Market
Wireless Car Charging Market

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Prime manufacturers of wireless car charging products are adopting various organic and inorganic strategies to maximize their revenue potential across the world. They are also focusing on the research & development of charging technology.

  • In October 2021, Volkswagen Group’s technology unit for applied materials science announced the expansion of its collaboration with Oak Ridge National Laboratory (ORNL) and the University of Tennessee, Knoxville (UT). The teams have already started testing different wireless charging concepts for electric vehicles, and their aim is to develop wireless chargers that are up to 98% efficient.
  • A Toyota patent has revealed that the automotive giant is working on a breakthrough wireless charging technology that could revolutionize the electric vehicle charging industry. The technology would enable vehicle-to-vehicle wireless charging, which would definitely be a big hit as it would eliminate the time lost in stopping and charging vehicles.

Key Takeaways from Market Study

  • The wireless car charging market is predicted to develop at a phenomenal CAGR of 42.5% through 2031.
  • Electric cars are anticipated to hold more than 70% global market share for wireless car charging.
  • Sales forecast for 2031 is anticipated to be around US$ 550 Mn.
  • The market in the Asia Pacific region is expected to dominate with the most value share.
  • Increasing use of electric vehicles, rising popularity of wireless charging systems, and increasing research & development of innovative and new wireless charging solutions are some of the major factors influencing demand for wireless car charging.
  • Sales revenue from the market amassed a net worth of US$ 16 Mn in 2020.

Demand for wireless car charging is anticipated to see a major rise as electric vehicles become more mainstream in the wake of depleting fossil fuels and rising environmental concerns,” says a Persistence Market Research analyst.

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Competitive Landscape

The global market for wireless car charging has been identified as a fairly fragmented space due to the presence of a high number of market participants.

Some of the key market players included in the report are

  • Qualcomm Technologies, Inc.
  • Evatran, LLC (Plugless Power)
  • WiTricity Corporation
  • Momentum Dynamics Corp.
  • Toshiba Corporation
  • Mojo Mobility, Inc.
  • HEVO, Inc.
  • Bombardier Inc
  • TDK Corporation
  • Denso Corporation
  • ZTE Corporation
  • Others

The above are identified as key providers of wireless car charging. These market participants are engaged in market expansion activities and are developing new strategies to increase their sales on a global level.

More Valuable Insights on Offer

Persistence Market Research, a research and consulting firm, has published a revised market research report on the global wireless car charging market that contains industry analysis of 2016–2020 and opportunity assessment for 2021–2031.

The report provides an in-depth analysis of the market through different segments, namely, base station, type of car, technology, and region. The report also provides supply and demand trends along with an overview of the parent market.

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Key Segments of Wireless Car Charging Industry Research

By Charging Type:

  • Static Wireless Car Charging
  • Dynamic Wireless Car Charging

By Type of Car:

  • Electric Cars
  • Hybrid Cars

By Technology:

  • Inductive Charging
  • Hybrid-inductive Resonance

By Region:

  • North America
  • Latin America
  • Europe
  • East Asia
  • South Asia Pacific
  • Middle East and Africa

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Persistence Market Research is a U.S.-based full-service market intelligence firm specializing in syndicated research, custom research, and consulting services. Persistence Market Research boasts market research expertise across the Healthcare, Chemicals and Materials, Technology and Media, Energy and Mining, Food and Beverages, Semiconductor and Electronics, Consumer Goods, and Shipping and Transportation industries. The company draws from its multi-disciplinary capabilities and high-pedigree team of analysts to share data that precisely corresponds to clients’ business needs.

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IoT Sensors Market Industry Challenges, Business Overview and Forecast Research Study 2033

In 2022, the IoT Sensors Market was estimated to be worth US$ 14.87 Billion; by the end of 2033, it is anticipated to be worth US$ 209.46 Billion. IoT sensor sales are anticipated to reach US$ 18.69 B in 2023 and are expected to increase at a CAGR of 27.3% from 2023 to 2033.

The Internet of Things (IoT) is rapidly expanding and one of the key components driving its growth is IoT sensors. These sensors are at the forefront of the IoT revolution, providing a wide range of benefits to various industries. IoT sensors have already become an integral part of smart homes, smart cities, and industrial automation. In the coming years, the IoT sensors market is expected to witness significant growth due to increasing demand from different sectors.

Iot Sensors
Iot Sensors

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The demand for IoT sensors is driven by the increasing adoption of IoT technology across different industries, such as automotive, healthcare, agriculture, and retail. The automotive industry is one of the major end-users of IoT sensors, with a growing trend of connected cars. IoT sensors are used in connected cars to provide real-time data on the performance of various parts of the vehicle, enabling predictive maintenance and improving overall safety.

In the healthcare industry, IoT sensors are being used to monitor patients remotely, allowing doctors to monitor their patients’ health status in real-time. This is particularly useful for patients with chronic conditions, such as diabetes or hypertension, who need continuous monitoring. IoT sensors are also being used in agriculture to monitor soil moisture levels, temperature, and other parameters, enabling farmers to optimize crop yields and reduce water usage. The retail industry is another sector that is adopting IoT sensors to improve inventory management, reduce losses due to theft, and enhance the customer experience by providing personalized recommendations.

In conclusion, the IoT sensors market is expected to witness significant growth in the coming years, driven by the increasing adoption of IoT technology across different industries. IoT sensors have already proven to be highly beneficial in various sectors, including automotive, healthcare, agriculture, and retail. As the IoT ecosystem continues to evolve, the demand for IoT sensors will only increase, creating new opportunities for companies operating in this space. With the potential to transform how we live and work, IoT sensors are set to become a critical component of the future of technology.

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Companies Covered in This Report –

  • Bosch Sensortec
  • Texas Instruments
  • Honeywell International Inc.
  • TDK Corp.
  • TE Connectivity
  • Broadcom Inc.
  • NXP Semiconductors
  • STMicroelectronics
  • Infineon Technology
  • Analog Devices Inc.
  • Omron Corporation
  • Siemens AG
  • General Electric
  • SmartThings Inc.
  • Sensata Technologies

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Key Segments of IoT Sensors Market Research

By Sensor Type:

  • Temperature Sensors
  • Humidity Sensors
  • Pressure Sensors
  • Proximity Sensors
  • Acoustic Sensors
  • Magnetic Sensors
  • Inertial Sensors
  • Gyro Sensors
  • Accelerometers
  • Others

By Connectivity:

  • Wired
  • Wireless

By Application:

  • IoT Sensors for Home Automation
    • Consumer Electronics
    • Home Security & Safety
    • Connected HVAC
    • Others
  • IoT Sensors for Smart Cities
    • Smart Parking
    • Smart Lighting
    • Smart Water Management
    • Others
  • IoT Sensors for Automotive
    • Traffic Management
    • Connected cars
    • Telematics
    • Others
  • IoT Sensors for Healthcare
    • Telemedicine
    • Remote Patient Monitoring
    • Connected Medical Devices
    • Others
  • IoT Sensors for Agriculture
    • Precision Agriculture
    • Livestock Monitoring
    • Smart Greenhouse
    • Others
  • IoT Sensors for Industrial
    • Smart Factory
    • Smart Grids
    • Others

By Region:

  • North America
  • Latin America
  • Europe
  • East Asia
  • South Asia & Pacific
  • Middle East and Africa (MEA)

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Precision Farming Market Reviews, Drivers, Strategies, Top Key Vendors – Forecast Till 2033

The global precision farming market was valued at US$ 6 Bn in 2020 and the estimated net worth for the year 2031 is predicted to be US$ 18 Bn. These findings are from a recently revised market survey on precision farming by Persistence Market Research. The report also suggests that the precision farming market is expected to progress at an impressive CAGR of 11.6% over the next ten years.

The world has substantially transformed in the last couple of decades, and almost all aspects of life are dependent on technology to function at their optimal potential. Global warming has completely changed the environment and climate across the globe, which has made it essential for farmers to adopt advanced farming techniques such as precision farming. Precision farming enables farmers to optimize crop production with limited resources and enhance crop yield.

Precision Farming Market
Precision Farming Market

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Rising food demand from the growing global population, efficient and profitable crop yield, changing climatic and atmospheric patterns, and increasing proliferation of technology are some of the major factors fueling demand for precision farming technology.

Prime precision farming industry players are focusing on integrating hardware and software for precision farming with smartphones due to their wide scope of application.

  • In October 2021, Greeneye Technology, an agritech firm based in Tel Aviv, announced the commercial launch of its AI-enabled precision spraying technology. The technology is aimed at reducing the use of herbicides by nearly 78% by detecting weeds from crops with an accuracy of 95%.
  • Recently, OneSoil, a company that is integrating technology with agriculture to enhance yield and monitor farms, raised US$ 5 million in funding. These funds were raised from investors PortfoLion and Almaz Capital. The funding will be used to expand the company’s presence in the European and American regions.

Key Takeaways from Market Study

  • The precision farming market is slated to rise at a stellar CAGR of 11.6% through 2031.
  • The market in North America held 45% of global market revenue share in 2020.
  • Adoption of precision farming in economies such as China, India, and Brazil is expected to pace up significantly over the next ten years.
  • The market for precision farming is estimated to attain a valuation of US$ 18 Bn by the end of the decade.
  • Increasing technological proliferation, rising awareness, rising global food demand, and change in climate due to global warming are some of the major factors that are shaping the precision farming industry.

Adoption of precision farming in India and China is expected to significantly increase over the decade, and these nations will provide a very lucrative market for key players of the industry as well as new players due to the untapped potential that they possess,” says a Persistence Market Research analyst.

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Competitive Landscape

The global market for precision farming has been identified as a fairly fragmented space due to the presence of a high number of participants.

Some of the key market players included in the report are

  • AgJunction Inc.
  • Raven Industries Inc.
  • CNH Industrial N.V.
  • Deere & Company
  • Trimble, Inc.
  • Iteris, Inc.
  • Topcon Corporation
  • PrecisionHawk
  • senseFly
  • DICKEY-john
  • SST Development Group, Inc.
  • Agribotix LLC
  • Ag Leader Technology
  • Others.

These have been identified as key e precision farming technology providers. These market participants are engaged in market expansion activities and are adopting organic and inorganic growth strategies to maximize their revenue potential across multiple geographies.

More Valuable Insights on Offer

Persistence Market Research, a research and consulting firm, has published a revised market research report on the global precision farming market that contains industry analysis of 2016–2020 and opportunity assessment for 2021–2031.

The report provides an in-depth analysis of the market through different segments, namely, application, component, and region. The report also provides supply and demand trends along with an overview of the parent market.

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Key Segments of Precision Farming Market Industry Research

By Component:

  • Precision Farming Hardware
    • Automation & Control Systems
      • Display
      • Guidance and Steering
      • GPS/GNSS
      • Mobile Devices
    • Precision Farming Sensing and Monitoring Devices
      • Yield Monitors
      • Drones with Multispectral Cameras
      • Soil Sensors
      • Water Sensors
      • Climate Sensors
  • Farm Management Software (FMS)
    • On-premise Precision Farming
    • Cloud-based Precision Farming
  • Services
    • Installation and Integrations Services
    • Maintenance Services
    • Consulting Services

By Application:

  • Field Mapping
  • Yield Monitoring
  • Crop Scouting
  • Soil Monitoring
  • Farm Management Systems
  • Weather Tracking and Forecasting
  • Others

By Region:

  • North America
  • Latin America
  • Europe
  • East Asia
  • South Asia Pacific
  • Middle East and Africa

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Construction Estimating Software Market Review, Top Manufacturers, Business Opportunities & Forecast 2023 – 2033

As per a study conducted by Persistence Market Research, the global Construction Estimating Software Market is anticipated to secure US$ 357.4 Million in 2022, whereas, it was valued US$ 340.0 Million in 2021. Owing to the rapid digitalization in the construction sector, the market for construction estimating software is likely to flourish significantly, securing US$ 556.0 Million while recording a CAGR of 4.5% during the forecast period from 2022-2032.

Increasing demand for cloud-based enterprise applications and their easy access through smartphones are some of the major factors driving the growth of the construction estimating software market. The introduction of IoT in construction estimating software has made the job easy by maximizing workflow effectiveness and providing an accurate estimation of the cost of the raw materials.

Construction Estimating Software Market
Construction Estimating Software Market

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Construction estimating software helps commercial construction firms streamline their workflows and maximize productivity by digitalizing their preconstruction process this leads to accurate estimates, and improved construction bidding. Globally, rising construction spending is expected to be one of the long-term factors driving sales in the market over the forecast period

Key Takeaways from the Market Study

  • The global construction estimating software market to value US$ 340.0 Million in 2021
  • the global construction estimating software market to exhibit a 4.5% growth rate from 2022-2032
  • By product, the construction accounting segment to record 4.5% during the forecast period
  • The global construction estimating software market to secure US$ 556.0 Million by 2032
  • The end-user segment is projected to witness 4.4% during the assessment period.
  • The UK market to value USD 22.9 Million while exhibiting a 3.2% growth rate in the assessment period.
  • Market in China is projected to secure USD 40.0 Million, expanding at a 3.9% CAGR in the forecast period
  • Market in Japan is expected to procure USD 32.2 Million while exhibiting a 2.9% CAGR from 2022-2032

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Competitive Landscape

Key players in the global construction estimating software market are taking several initiatives to expand their reach in the global market. Players focus on industry collaborations, mergers & acquisitions, and partnerships. Some of the eminent players in the region include

  • Autodesk, Inc.
  • Buildsoft Pty Ltd.
  • Corecon Technologies, Inc.
  • Heavy Construction Systems Specialists, Inc.
  • PlanSwift Software
  • Sage Group plc
  • STACK Construction Technologies
  • Bluebeam Software Inc.
  • 4Clicks Solutions
  • Causeway Technologies

Recent key developments in the construction estimating software industry include:

  • In April 2022 – Procore Technologies, Inc. announced a new integration with Building Transparency with the mission to enable broad and swift action to address the construction industry’s role in climate change. The integration enables Procore users to leverage the Embodied Carbon in Construction Calculator (EC3) in an effort to drive sustainability across the global construction industry.
  • In January 2022 – Corecon Technology Inc. announced a new integration with DocuSign eSignature for use within Corecon’s cloud-based construction estimating project management and job cost software suit. This new feature allows Corecon subscribers to securely obtain and track electronic signatures on construction documents along with other project information in one secure location.

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Key Segments Covered in the Construction Estimating Software Industry Report

Construction Estimating Software Market by Product

  • Construction Estimating software for construction accounting
  • Construction Estimating software for construction management
  • Construction Estimating software for construction suites
  • Construction Estimating software for project management

Construction Estimating Software Market by End User

  •  Construction Estimating software for Builders & Contractors
  • Construction Estimating software for Construction Managers
  • Construction Estimating software for Engineers & Architects

Construction Estimating Software Market by Deployment

  • On-cloud Construction Estimating software
  • On-Premises Construction Estimating software

Construction Estimating Software Market by Region

  • North America Construction Estimating Software Market
  • Europe Construction Estimating Software Market
  • Asia-Pacific Construction Estimating Software Market
  •  Middle East & Africa Construction Estimating Software Market
  • Latin America Construction Estimating Software Market

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Multi-Touch Marketing Attribution Software Market Size, Review, Key Findings, Growth Strategy, Trends And Global Forecast (2023 – 2033)

The global Multi-Touch Marketing Attribution Software Market is expected to reach a valuation of US$ 4.8 Billion by 2032 from US$ 1.4 Billion in 2022, rising at a strong CAGR of 13.1% throughout the forecast period. The increasing requirement to optimize marketing spending and the growing number of marketing channels to target end customers are the primary drivers driving the multi-touch marketing attribution software market expansion.

In the foreseeable term, the worldwide multi-touch marketing attribution software market is expected to grow due to rising consumer awareness. Top business leaders in various industries focus on digital marketing to grow their subscriber base and reach their target clients through various internet channels.

Multi-Touch Marketing Attribution Software Market
Multi-Touch Marketing Attribution Software Market

As per multi-touch marketing attribution software market analysis, the multi-touch marketing attribution software aids businesses in properly analyzing their digital channels. This improves user experience while also assisting with marketing spend optimization. Another important factor projected to drive the demand for multi-touch marketing attribution software in the future is increasing internet penetration in the lives of the masses.

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Other factors expected to lead the worldwide multi-touch marketing attribution software market over the forecast period include rising smartphone users, growing digitalization, and a rising desire for an effective digital marketing tool.

Despite various factors, the multi-touch marketing attribution software market share is expected to slow due to limited software adoption by small and medium-sized businesses. This is due to a limited budget and a lack of marketing activities. However, in the near future, increased technical innovation in the production of advanced software is projected to provide profitable prospects for the worldwide multi-touch marketing attribution software market.

The multi-touch marketing attribution software market adoption trends indicate that large organizations are rapidly adopting multi-touch marketing attribution solutions. This trend is projected to continue during the projection period, as they have more financial resources to experiment with emerging technologies and gain a competitive advantage over their competitors.

Large corporations are spending considerably on modern technology to boost overall production and efficiency. Enormous organizations must invest in IT infrastructure to analyze large volumes of data sets to determine the performance of marketing initiatives as data volumes grow.

Compared to major corporations, SMEs are slow to use multi-touch marketing attribution solutions. Lack of understanding or cost constraints may be to blame for the limited adoption of multi-touch marketing attribution solutions.

However, with the availability of social information, viewers’ attention spans are rapidly diminishing. To prosper in such competitive times, organizations must have a comprehensive implementation of multi-touch marketing attribution models to analyze effective marketing campaigns and maximize ROI. This is projected to open new horizons for the adoption of multi-touch marketing attribution software.

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Key Takeaways

  • During the projected period, the telecom and IT segment will account for the greatest market share and increase at a CAGR of 11.9 percent through 2032. The expansion of the telecom and IT vertical in the multi-touch marketing attribution software market is attributed to the increase in the number of internet and mobile devices.
  • The SMEs segment is expected to expand at the quickest CAGR during the projection period.
  • Small and medium businesses’ budget constraints are preventing the market from reaching its full potential.
  • The on-premises deployment segment is projected to rise at a CAGR of 12% through the forecast period.
  • Due to rising demand for multi-touch marketing attribution software and services, APAC is predicted to grow at the fastest CAGR throughout the forecast period.

Competitive Landscape

The multi-touch marketing attribution software players are constantly striving to improve their services in order to provide greater convenience to the end-users. Support and maintenance services are also prioritized to improve the quality of multi-touch marketing attribution software. The multi-touch marketing attribution software industry is expected to increase as a result of these factors.

Strategic partnerships are becoming more important in boosting the multi-touch marketing attribution software market’s growth trajectory. Mergers, acquisitions, joint ventures, and partnerships are critical for expanding the multi-touch marketing attribution software market’s growth potential. These initiatives help the players reinforce their positions, which helps the multi-touch marketing attribution software market grow at a faster rate.

Some of the key players in the market include

  • Adobe
  • SAP
  • Oracle
  • Merkle
  • Visual IQ
  • Leandata
  • Neustar
  • Roivenue
  • C3 Metrics
  • Appsflyer
  • Leadsrx
  • Equifaxa

Recent Developments

Pepperjam, a provider of affiliate marketing technology and services, established an integrated technological agreement with Measured in January 2020. The attribution platform joins a long list of attribution and analytics technology vendors who have previously worked with Pepperjam, including Domo, Funnel, and Glew. Measured is a performance and paid media incrementality attribution platform for marketers.

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Key Segments:

By Component

  • Solutions
  • Services
    • Integration and Implementation Services
    • Advisory Services
    • Support and Maintenance Services

By Deployment Model

  • On-premise
  • Cloud

By Organization Size

  • Small and Medium-Sized Enterprises (SMEs)
  • Large Enterprise

By Industrial Vertical

  • BFSI
  • Retail
  • Computing Products and Consumer Electronics
  • FMCG and Consumer Packaged Goods
  • Government
  • Healthcare
  • IT and Telecom
  • Education
  • Media and Entertainment
  • Travel and Hospitality

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Mobile Apps and Web Analytics Market Growth Dynamics & Competitive Analysis Research Report 2033

The Mobile Applications and Web Analytics Market is predicted to record a CAGR of 16.4% during the forecast period, from US$ 9.6 Billion in 2022 to US$ 44.0 Billion by 2032.

The increased emphasis on improving customer experience, as well as the expanding trend of digitization, is likely to fuel mobile applications and web analytics market expansion. The difficulty of data synchronisation, on the other hand, is projected to limit mobile applications and web analytics market expansion.

Opportunities would be created by factors such as rising demand for massive amounts of data analysis and increased usage of mobile applications, as a result of the COVID-19 pandemic.

Mobile Apps And Web Analytics Market
Mobile Apps And Web Analytics Market

The COVID-19 epidemic has highlighted the actual value of data and how analytics may help with pandemic management. Significant prospects for mobile app and web analytics market players may be observed as organizations fight for sustainability to withstand the effect of this epidemic.

Notable attempts are being made throughout the world to use advanced analytics to grasp the real-time scenario of a pandemic via mobile applications and online navigation.

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The government, public agencies, and hospitals are utilizing mobile applications and web analytics to interact with the public and raise awareness about the necessary precautions during the epidemic, which is further anticipated to create opportunities for the mobile apps and web analytics market players.

Media firms and stakeholders are exploring new methods to communicate with their audiences and have resurrected their business strategy through social media. Hence, the adoption of mobile apps and web analytics is likely to grow during the forecast period.

Companies would focus on customer experience management and measure it using a single perspective of customer interactions. Customer journey management, social media management, mobile apps, and online data management would be useful for activities such as reporting a detailed and real-time analysis of customer behavior-driven engagement. Although many mobile applications and web analytics market verticals are seeing a decline in product demand, there are a few industry verticals that are experiencing a surge in product demand.

For example, as millions of workers work from home, the adoption of Microsoft Teams and Zoom Meeting has skyrocketed throughout the world. Online streaming services have also seen a significant increase in their subscriber base across North America, Europe, and APAC.

People are experiencing social isolation as a result of Covid-19, with the majority choosing to purchase their everyday supplies through an online eCommerce site. Hence, the demand for analytics is rising to estimate the future demand from the eCommerce platforms.

The solutions sector is an important mobile applications and web analytics market component that helps marketers comprehend customer experience management. Data analytics, data discovery, data visualisation, and data management are all part of mobile apps and web solutions. Organizations are having difficulty handling this massive number of data, which is reducing corporate productivity and revenue.

During the projected period, the cloud deployment model is predicted to increase at a faster CAGR. Cloud-based solutions are gaining traction in the mobile applications and web analytics market due to a variety of advantages, including cost management, resource sharing, and reduced deployment time. Cloud deployment provides advantages in terms of flexibility, scalability, and cost-effectiveness, which provides companies with better control over the server, infrastructure, and systems, thereby improving the growth prospect of the mobile apps and web analytics market.

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KEY TAKEAWAYS:

  • In the component sector, solution from the marketing attribution software market is anticipated to flourish at the quickest CAGR of 16% through 2032.
  • With a CAGR of 16.2% through 2032, Cloud is predicted to grow significantly in the deployment mode segment of the marketing attribution software market.
  • The market size for marketing attribution software market in the United States is expected to reach US$ 15.3 Billion by 2032, growing at a CAGR of 16.2% during the forecast period.
  • China is anticipated to reach a market size of US$ 3.1 Billion in marketing attribution software by 2032, with a CAGR of 15.7% during the forecast period.
  • UK’s marketing attribution software market is anticipated to be worth US$ 1.9 Billion by 2032, with a CAGR of 15.3% over the forecast period.
  • Japan is expected to have a market size for marketing attribution software of US$ 2.5 Billion by 2032, with a CAGR of 14.6% during the forecast period.
  • By 2032, South Korea is expected to reach a market size of US$ 1.6 Billion in marketing attribution software, with a CAGR of 13.8% during the forecast period.

COMPETITIVE LANDSCAPE:

Major solution providers in the mobile applications and web analytics market include

  • MICROSOFT
  • GOOGLE
  • ORACLE
  • SAP
  • AWS
  • IBM
  • TERADATA
  • ADOBE
  • SAS INSTITUTE
  • MICRO FOCUS

RECENT DEVELOPMENT:

  • IBM and Siemens will collaborate to create a service lifecycle management solution in June 2020. To constantly enhance product performance, maintenance, and operations, the solution integrates aspects from Siemens’ Xcelerator range with IBM Maximo. Additionally, the system allows OEMs to obtain important data on asset performance, maintenance, and failures in the field.
  • Teradata announced a slew of updates to its Teradata Vantage as-a-service solutions on public cloud providers Amazon Web Services (AWS) and Microsoft Azure in June 2020. Teradata users may now store data separately and only when needed with the new service. The service allows Teradata cloud users to match features and performance to a variety of business requirements.

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Key Segments:  

By Component:

  • Solutions
  • Services
    • Managed Services
    • Professional Services

By Deployment Model:

  • On-premise
  • Cloud

By Application:

  • Mobile advertising and marketing analytics
  • Search Engine tracking and ranking
  • Heat Map Analytics
  • Marketing Automation
  • Content Marketing
  • Email Marketing
  • Social Media Management

By Organization Size:

  • Small and Medium-Sized Enterprises (SMEs)
  • Large Enterprise

By Industrial Vertical:

  • BFSI
  • Government
  • Healthcare &
  • IT and Telecom
  • Manufacturing
  • Research and academia

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Polymerase Chain Reaction Market: Applications in Research, Clinical Diagnosis, and Forensic Science|

Polymerase Chain Reaction (PCR) is a widely used molecular biology technique that has revolutionized the way DNA analysis is done. The PCR market has been growing at a steady pace over the years, owing to the increasing demand for this technique in various industries such as healthcare, research, and diagnostics. In this blog, we will take a closer look at the Polymerase Chain Reaction Market and its growth drivers.

Market Size and Growth

The Polymerase Chain Reaction market was valued at around US$ 24.4 Billion in 2021. With a projected CAGR of 1.6% for the next ten years, the market is likely to reach a valuation of US$ 29.7 Billion by the end of 2032. The market growth is driven by several factors, including the increasing prevalence of infectious diseases, rising demand for personalized medicine, and growing investment in life science research.

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Applications

Polymerase Chain Reaction has a wide range of applications in various industries such as healthcare, research, and diagnostics. In healthcare, PCR is used for disease diagnosis, genetic testing, and drug development. In research, PCR is used for genotyping, DNA sequencing, and gene expression analysis. In diagnostics, PCR is used for detecting infectious diseases, genetic disorders, and cancer.

Technologies

Polymerase Chain Reaction is a versatile technique that can be used with various technologies such as real-time PCR, digital PCR, and reverse transcription PCR. Real-time PCR is widely used for quantification and detection of DNA, while digital PCR is used for absolute quantification. Reverse transcription PCR is used to study gene expression and is widely used in research.

Regional Analysis

The Polymerase Chain Reaction market is dominated by North America, followed by Europe and Asia-Pacific. North America holds the largest market share due to the presence of key players, increasing R&D activities, and growing demand for personalized medicine. Europe is the second-largest market due to the increasing prevalence of infectious diseases and the growing aging population. Asia-Pacific is expected to grow at the fastest rate due to the increasing investment in life science research, rising healthcare expenditure, and growing awareness about personalized medicine.

Key Players

The key players in the Polymerase Chain Reaction market include Thermo Fisher Scientific Inc., Bio-Rad Laboratories Inc., QIAGEN N.V., F. Hoffmann-La Roche Ltd, Agilent Technologies, Inc., Danaher Corporation, Merck KGaA, Takara Bio Inc., Promega Corporation, and Analytik Jena AG.

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Conclusion

The Polymerase Chain Reaction market is expected to grow at a steady pace over the next few years, driven by increasing demand for this technique in various industries such as healthcare, research, and diagnostics. The market growth is fueled by the increasing prevalence of infectious diseases, rising demand for personalized medicine, and growing investment in life science research. Key players in the market are continuously investing in R&D activities to develop innovative products and gain a competitive edge in the market.

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E&P Software Market Competitive Analysis & Regional Assessment Report 2023 – 2033

As per a study conducted by Persistence Market Research, the global E&P Software Market is anticipated to secure US$ 10.2 Billion in 2022, whereas, it was valued US$ 8.6 Billion in 2021. Owing to the rapid digitalization in oil & gas energy, the market for E&P software is likely to flourish significantly, securing US$ 42.8 Billion while recording a CAGR of 15.4% during the forecast period from 2022-2032.

Digitalization has offered lucrative opportunities in the energy sector by enhancing mobility, connectivity surveillance, supporting real-time decision-making, and storage technologies. This is speculated to be the key cause driving the industry significantly during the forecast period. Digitalization and connectivity of smart devices carve out several remunerative chances for oil and gas companies to augment productivity and reduce expenses.

E and P Software Market
E and P Software Market

Oil and gas companies making significant investments in technologies like automation, IoT, and big data analytics to optimize core operational activities such as asset management, maintenance, and production. Besides, consumers are also demanding greater accountability from energy producers in fields like pollution and hydrocarbon sources, which is expected to fuel the E&P software market.

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Adoption of developed seismic processing and imaging solution is anticipated to give significant lucrative opportunities. Its ability to reduce uncertainty and enhanced reliability is likely to push the industry growth in the forecast period. Moreover, modern seismic processing and imaging solution offers efficacious parallel framework and infrastructure for cluster optimization, which is predicted to drive the market expansion in the assessment period.

Key Takeaways from the Market Study

  • The global E&P software market to value US$ 8.6 Billion in 2021
  • The global E&P software market to exhibit a 15.4% growth rate from 2022-2032
  • By deployment type, the on-premise software segment to record 10.1% during the forecast period
  • The global E&P software market to secure US$ 42.8 Billion by 2032
  • The production segment is projected to witness 19.2% during the assessment period.
  • The UK market to value USD 3 Bn while exhibiting a 15% growth rate in the assessment period.
  • Market in China is projected to secure USD 2.9 Bn, expanding at a 17.3% CAGR in the forecast period
  • Market in India is expected to procure USD 2.8 Bn while exhibiting a 22.6% CAGR from 2022-2032

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Competitive Landscape

Key players in the global E&P software market include

  • Schlumberger Limited
  • Paradigm B.V.
  • ION Geophysical Corporation
  • ETL Solutions Ltd.
  • Ikon Science Limited
  • Interactive Network Technologies, Inc.
  • Exprodat Consulting Ltd.
  • GEPlan Consulting Srl
  • Landmark Solutions
  • Baker Hughes Incorporated
  • IHS Inc.
  • Emerson Electric Co.
  • Peloton
  • Computer Modelling Group Ltd.
  • Petroleum Experts Ltd.
  • Kongsberg Gruppen
  • RockFlow Dynamics, LLC
  • GE Oil & Gas
  • OVS Group LLC
  • P2 Energy Solutions
  • Petrolink Services, Inc.
  • eDrilling AS
  • Pason Systems Corp.
  • Etech International, Inc.
  • TDE Group GmbH

Players of the industry focus on industry collaborations, mergers & acquisitions, and partnerships to expand their reach.

Recent key developments in the E&P Software industry include:

  • In March 2020, US-based companies Emerson and Quantum Reservoir Impact (QRI) announced a strategic collaboration to develop applications for Artificial Intelligence (AI)-based analytics for oil and gas exploration and production.
  • In August 2020, Emerson announced that Jaguar Exploracion y Produccion (Jaguar), a Mexico-based oil and gas company, will use its exploration and production software and services to enhance the capability of Jaguar’s onshore assets and projects.

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Key Segments Covered in the E&P Software Industry Report

E&P Software by Deployment Type

  • On-premise E&P Software Deployment
  • Cloud-based E&P Software Deployment

E&P Software by Operation Type

  • E&P Software for On-shore Operations
  • E&P Software for Off-shore Operations

E&P Software by Software Type

  • E&P Software for Risk Management Mapping
  • E&P Software for Seismic Amplitude Analysis
  • E&P Software for Portfolio Aggregation
  • E&P Software for Performance Tracking
  • E&P Software for Navigation Systems
  • E&P Software for Resource Valuation
  • E&P Software for Reservoir Characterization
  • E&P Software for Reservoir Simulation
  • E&P Software for Drilling
  • E&P Software for Production

E&P Software by Region

  • North America E&P Software Market
  • Europe E&P Software Market
  • Asia-Pacific E&P Software Market
  • Middle East & Africa E&P Software Market
  • South America  E&P Software Market

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Exploring the Future of Autologous Matrix-Induced Chondrogenesis in the Orthopedic Market|

The Autologous Matrix-Induced Chondrogenesis (AMIC) market is a growing industry that focuses on the development and distribution of regenerative medicine solutions for cartilage repair. This market is driven by the increasing incidence of joint injuries and osteoarthritis, as well as the need for more efficient and effective treatments for these conditions.

AMIC is a procedure that utilizes a scaffold composed of a patient’s own blood and cartilage tissue to stimulate the growth of new cartilage in damaged joints. The procedure involves the removal of damaged tissue from the joint, followed by the placement of the scaffold in the damaged area. The scaffold is then seeded with cartilage cells and allowed to heal, resulting in the regeneration of healthy cartilage tissue.

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The AMIC market is segmented by product type, application, end-users, and geography. The product types of AMIC include scaffold-based products, stem cell-based products, and other products. The applications of AMIC include knee repair, hip repair, and other applications. The end-users of AMIC include hospitals, clinics, and other end-users.

Geographically, the AMIC market is divided into North America, Europe, Asia-Pacific, and the rest of the world. North America is the largest market for AMIC, followed by Europe and Asia-Pacific. The increasing prevalence of joint injuries and osteoarthritis, as well as the growing aging population, are driving the growth of the market in North America and Europe. The Asia-Pacific region is expected to witness significant growth in the coming years due to the increasing adoption of regenerative medicine technologies and the growing healthcare infrastructure in the region.

The key players in the AMIC market include Arthrex, Inc., B. Braun Melsungen AG, Collagen Solutions plc, Geistlich Pharma AG, Smith & Nephew plc, and Zimmer Biomet Holdings, Inc. These companies are focused on developing innovative products and solutions to meet the growing demand for AMIC procedures.

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In conclusion, the AMIC market is a growing industry that is driven by the increasing incidence of joint injuries and osteoarthritis, as well as the need for more efficient and effective treatments for these conditions. The market is segmented by product type, application, end-users, and geography, and the key players in this market are focused on developing innovative products and solutions to meet the growing demand. With the continued growth of the aging population and the increasing adoption of regenerative medicine technologies, the AMIC market is expected to continue its growth trajectory in the years to come.

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Environmental Control System (ECS) Market Top Trends, Present, History, Future and Forecast 2033

As per a study by Persistence Market Research, from US$ 46.3 Billion in 2022 to US$ 113.2 Billion in 2032, the global Environmental Control System (ECS) Market is predicted to grow at a 9.4% CAGR from 2022 to 2032. The absolute dollar growth of the market is likely to be worth US$ 66.9 Billion. With the booming aviation industry of the developing economies across the globe, coupled with increasing government investments in the aerospace & defense sector of these economies, the demand for new aircraft fleet is expected.

In addition, the majority of the demand for new aircraft fleet is expected from developing Asian countries, such as and China, India, as well as other ASEAN countries, with large populations as well as a rapidly developing economy, which in turn will widen the scope of the market in the forthcoming years. Other major factors that are propelling the Environmental Control System (ECS) Market during the forecast period include technological advancements in environmental control systems and the growth in air traffic.

Environmental Control System Ecs Market
Environmental Control System Ecs Market

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Furthermore, the airlines in developed as well as developing countries are increasingly ordering a number of aircraft to meet the constantly rising demand for air travel. The need for air travel is increasing significantly led by the continuously rising disposable income of consumers in developing and developed regions across the globe, which in turn is expected to accelerate the market growth over the analysis period.

Key Takeaways:

  • Mobility/Telephony Solutions are expected to grow at a high rate in the solution sector of the Environmental Control System (ECS) Market, with a CAGR of 9.4% during the forecast period.
  • The Environmental Control System (ECS) Market in the U.S is expected to be worth US$ 23.2 Billion by 2032, with a CAGR of 7.9% over the forecast period.
  • The market size for Environmental Control System (ECS) in China is expected to reach US$ 8.5 Billion by 2032, growing at a CAGR of 15.0%
  • India is expected to reach a market size of US$ 8.2 Billion in the Environmental Control System (ECS) Market by 2032, with a CAGR of 14.5% during the research period.
  • Japan is expected to have a market size for Environmental Control System (ECS) of US$ 7.1 Billion by 2032, with a CAGR of 12.9% during the research period.
  • By 2032, U.K is expected to reach a market size of US$ 5.7 Billion in the Environmental Control System (ECS) Market, with a CAGR of 6.1% during the research period.

“With the booming aviation industry of the developing economies across the globe, coupled with increasing Governments investments in the aerospace & defense sector of these economies, the demand for new aircraft fleet is expected,” remarks a PMR analyst.

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Competitive Landscape

The global market for Environmental Control System (ECS) is extremely fragmented, with many major and small enterprises operating at the regional and country levels. Prominent players in the Environmental Control System (ECS) Market are

  • Cisco Systems, Inc.
  • IBM Corporation
  • Microsoft Corporation
  • Alcatel-Lucent SA (Nokia Networks)
  • Unify, Inc. (Atos SE)
  • Hewlett-Packard Development Company, L.P.
  • Mitel Networks Corporation
  • Polycom, Inc.
  • Fuze Inc.
  • 8×8, Inc.
  • ShoreTel Inc.
  • Cafex Communications Inc.
  • Tropo, Inc.
  • Vonage networks LLC
  • Xura, Inc.
  • Atlassian Corp PLC
  • GENBAND, Inc.

In October 2021, Mecaer Aviation Group, Inc. (MAG), and GFG Style collaborated to design innovative and lavish business aircraft interiors. The collaboration is focused on development of business jet interiors that combine Italian styling & comfort with pragmatic functionality embedded into passenger touchpoints. The results produce a remarkably enjoyable cabin environment that is highly versatile, exceeding the needs of business/corporate travelers, personal/individual travelers, and group/family travelers.

In June 2021, Air Innovations announced the availability of its MyZone™ personal desk environment. The MyZone personal desk environment is a console management system that can be attached to a personal work surface and combines environmental control, lighting control, and lift functions inside a single unit. The user can control these features with a non-fixed controller, which can be positioned anywhere on their desk.

Find More Valuable Insights on ECS Market

Persistence Market Research puts forward an unbiased analysis of the global ECS market, providing historical demand data (2015-2021) and forecast statistics for the period of 2022-2032. To understand the opportunities in Big Data as a Service, the market is segmented on the basis of component, deployment type, organization size, and vertical across five major regions.

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Key Segments Covered

By Solution

  • Messaging
  • Video Conferencing
  • Contact Center
  • Mobility/Telephony
  • Collaborative Tools

By Deployment

  • On-Premise
  • Off-Premise
  • Hybrid

By Type

  • Hardware
  • Software
  • Service

By End-Use Application

  • BFSI
  • Retail
  • Information Technology
  • Media & Entertainment
  • Government
  • Healthcare
  • Education
  • Others

By Region

  • North America
  • South America
  • Europe
  • Asia Pacific

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The Evolving Landscape of Plasma Component Separator Market: Trends and Forecasts| | Haemonetics Corporation, Terumo BCT, Inc., Fresenius SE & Co. KGaA

The plasma component separator market is a rapidly growing industry that focuses on the manufacturing and distribution of devices used for separating plasma components from blood. This market is driven by the increasing demand for blood products, the rising prevalence of chronic diseases, and the need for efficient and cost-effective blood component separation methods.

Plasma component separator devices are used to separate plasma components, such as albumin, immunoglobulins, and clotting factors, from whole blood. These devices use centrifugal force to separate the blood into its component parts, which can then be collected and used for a variety of medical purposes.

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The plasma component separator market is segmented by product type, technology, application, end-users, and geography. The product types of plasma component separators include manual separators, automated separators, and semi-automated separators. The technology of plasma component separators includes centrifugation, filtration, and other technologies. The applications of plasma component separators include blood transfusion, plasma fractionation, and other applications. The end-users of plasma component separators include hospitals, blood banks, and other end-users.

Geographically, the plasma component separator market is divided into North America, Europe, Asia-Pacific, and the rest of the world. North America is the largest market for plasma component separators, followed by Europe and Asia-Pacific. The increasing demand for blood products, the growing healthcare infrastructure, and the presence of key players in the region are driving the growth of the market in North America and Europe. The Asia-Pacific region is expected to witness significant growth in the coming years due to the increasing adoption of advanced healthcare technologies and the growing healthcare infrastructure in the region.

The key players in the plasma component separator market include Haemonetics Corporation, Terumo BCT, Inc., Fresenius SE & Co. KGaA, Asahi Kasei Medical Co., Ltd., and Kawasumi Laboratories, Inc. These companies are focused on developing innovative products and solutions to meet the growing demand for plasma component separation devices.

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In conclusion, the plasma component separator market is a rapidly growing industry that is driven by the increasing demand for blood products, the rising prevalence of chronic diseases, and the need for efficient and cost-effective blood component separation methods. The market is segmented by product type, technology, application, end-users, and geography, and the key players in this market are focused on developing innovative products and solutions to meet the growing demand. With the continued growth of the healthcare industry, the plasma component separator market is expected to continue its growth trajectory in the years to come.

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Chiral Chromatography Market

Polymerase Chain Reaction (PCR) Technologies Market

MicroRNA Tools and Services Market

Hospital Injectable Drugs Market

Global Surgical Apparel Market

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With 2.3% CAGR, Global Full Service Restaurants Market Size to Surpass US$ 1.4 Bn by the end of 2033

The full-service restaurant industry has undergone significant changes in recent years, with the rise of fast-casual restaurants, the increased use of technology, and the shift towards healthier and more sustainable options. Despite these challenges, the Full-service restaurant market continues to grow, driven by the increasing demand for dining experiences that offer high-quality food, ambiance, and service.

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Full-service restaurants typically offer table service, a wide variety of menu options, and a more upscale ambiance compared to fast-food or fast-casual establishments. They often cater to special occasions, such as birthdays, anniversaries, and romantic dinners. The market includes both independent restaurants and chains, ranging from casual dining to fine dining.

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The global full-service restaurant market is expected to grow steadily in the coming years, driven by several factors. One of the primary drivers of growth is the increasing consumer preference for eating out, especially in emerging markets. In addition, the growth of the global travel and tourism industry has boosted the demand for full-service restaurants, as tourists seek authentic culinary experiences.

The increasing adoption of technology has also played a significant role in the growth of the full-service restaurant market. Many restaurants have implemented digital ordering systems, mobile apps, and online reservations, making it easier for customers to place orders and reserve tables. Moreover, technology has enabled restaurants to streamline their operations, improve efficiency, and enhance the overall dining experience.

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The full-service restaurant market is also being shaped by changing consumer preferences, with a growing focus on healthier and more sustainable food options. Many restaurants are incorporating plant-based and vegan options into their menus to cater to the increasing demand for healthier and more environmentally friendly options. In addition, restaurants are using locally sourced and organic ingredients to offer more sustainable options to consumers.

The Asia Pacific region is expected to be the fastest-growing market for full-service restaurants, driven by the increasing disposable income of consumers, the growth of tourism, and the rising demand for premium dining experiences. China, Japan, and India are among the key markets in the region, with a growing number of middle-class consumers who are willing to spend on dining experiences.

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Emerging Therapies and Innovative Technologies in Pulmonary Arterial Hypertension Market| Actelion Pharmaceuticals Ltd., Gilead Sciences, Inc., GlaxoSmithKline plc, Pfizer

Pulmonary Arterial Hypertension (PAH) is a chronic and progressive disease that affects the blood vessels in the lungs. It is characterized by abnormally high blood pressure in the pulmonary arteries, leading to reduced blood flow and oxygenation in the body. The PAH market is a growing industry that focuses on the development and distribution of treatments for this debilitating condition.

The PAH market is driven by the increasing prevalence of PAH, the growing aging population, and the need for more efficient and effective treatments for this condition. PAH can occur as a result of a variety of underlying medical conditions, including connective tissue disorders, congenital heart disease, and HIV infection. It is estimated that approximately 10-50 people per million worldwide are affected by PAH, with women being more commonly affected than men.

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The PAH market is segmented by drug class, route of administration, distribution channel, and geography. The drug classes of PAH include prostacyclins, endothelin receptor antagonists, phosphodiesterase inhibitors, and soluble guanylate cyclase stimulators. The routes of administration of PAH drugs include oral, inhalation, and intravenous. The distribution channels of PAH drugs include hospitals, clinics, and retail pharmacies.

Geographically, the PAH market is divided into North America, Europe, Asia-Pacific, and the rest of the world. North America is the largest market for PAH, followed by Europe and Asia-Pacific. The increasing prevalence of PAH, the growing aging population, and the presence of key players in the region are driving the growth of the market in North America and Europe. The Asia-Pacific region is expected to witness significant growth in the coming years due to the increasing adoption of advanced healthcare technologies and the growing healthcare infrastructure in the region.

The key players in the PAH market include Actelion Pharmaceuticals Ltd., Gilead Sciences, Inc., GlaxoSmithKline plc, Pfizer, Inc., United Therapeutics Corporation, and Bayer AG. These companies are focused on developing innovative treatments and solutions to meet the growing demand for PAH treatments.

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In conclusion, the PAH market is a growing industry that is driven by the increasing prevalence of PAH, the growing aging population, and the need for more efficient and effective treatments for this condition. The market is segmented by drug class, route of administration, distribution channel, and geography, and the key players in this market are focused on developing innovative treatments and solutions to meet the growing demand. With the continued growth of the aging population and the increasing adoption of advanced healthcare technologies, the PAH market is expected to continue its growth trajectory in the years to come.

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Anti-Obesity Prescription Market

Private Healthcare Market

Medical Flat Panel Detector Market

Spectacle Frame and Mounting Market

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Dietary Fibers Market is anticipated to touch US$ 7.2 Bn at a CAGR of 7.4% from 2023 to 2032

The global Dietary fibers market is expected to experience steady growth in the coming years. The market is primarily driven by the increasing awareness of the health benefits of dietary fibers and the growing demand for functional foods and beverages.

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Dietary fibers are plant-based compounds that are not digested by the body but are essential for maintaining a healthy digestive system. They are mainly found in fruits, vegetables, whole grains, nuts, and seeds. The two types of dietary fibers are soluble and insoluble fibers.

Soluble fibers, such as inulin, pectin, and beta-glucan, dissolve in water and form a gel-like substance in the intestines. They help regulate blood sugar levels, lower cholesterol levels, and promote healthy bowel movements. Insoluble fibers, such as cellulose, hemicellulose, and lignin, do not dissolve in water and add bulk to the stool, promoting regular bowel movements.

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The increasing prevalence of chronic diseases, such as obesity, diabetes, and cardiovascular diseases, has led to a surge in demand for functional foods and beverages that contain dietary fibers. These products provide health benefits beyond basic nutrition and have become a popular way for consumers to improve their health. Moreover, the demand for dietary fibers is also driven by the rise of vegan and vegetarian diets. Plant-based diets tend to be higher in dietary fibers than animal-based diets, making it essential for individuals to consume enough dietary fibers to maintain a healthy digestive system.

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The Asia Pacific region is expected to be the fastest-growing market for dietary fibers, owing to the growing demand for healthy and functional foods and beverages in countries like China and India. The increasing disposable income of consumers and the growing awareness of the health benefits of dietary fibers are also driving the growth of the market in the region.

Key players in the global dietary fibers market include Archer Daniels Midland Company, Cargill, DuPont, Ingredion, and Tate & Lyle. These companies are investing in research and development activities to develop innovative products and expand their market presence.

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Telestroke Services Market: Advancements in Telemedicine Technology Driving Growth

Telestroke services market is a rapidly growing industry that focuses on providing remote stroke diagnosis and treatment services through telemedicine technologies. This market is driven by the increasing prevalence of stroke, the growing adoption of telemedicine, and the need for improved access to stroke care in underserved areas.

Stroke is a leading cause of death and disability worldwide, with millions of people affected each year. Telestroke services enable stroke specialists to remotely diagnose and treat patients, thereby reducing the time between stroke onset and treatment and improving patient outcomes.

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The telestroke services market is segmented by technology, service type, end-users, and geography. The technology of telestroke services includes videoconferencing, telephonic consultation, and remote image viewing. The service types of telestroke services include diagnosis, treatment, and consultation. The end-users of telestroke services include hospitals, clinics, and other end-users.

Geographically, the telestroke services market is divided into North America, Europe, Asia-Pacific, and the rest of the world. North America is the largest market for telestroke services, followed by Europe and Asia-Pacific. The increasing prevalence of stroke, the growing adoption of telemedicine, and the presence of key players in the region are driving the growth of the market in North America and Europe. The Asia-Pacific region is expected to witness significant growth in the coming years due to the increasing adoption of telemedicine technologies and the growing healthcare infrastructure in the region.

The key players in the telestroke services market include Koninklijke Philips N.V., InTouch Technologies, Inc., GlobalMed, American Well Corporation, TeleSpecialists, LLC, and Doctor on Demand, Inc. These companies are focused on developing innovative telemedicine solutions and services to meet the growing demand for stroke care.

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In conclusion, the telestroke services market is a rapidly growing industry that is driven by the increasing prevalence of stroke, the growing adoption of telemedicine, and the need for improved access to stroke care in underserved areas. The market is segmented by technology, service type, end-users, and geography, and the key players in this market are focused on developing innovative telemedicine solutions and services to meet the growing demand. With the continued growth of the telemedicine industry and the increasing demand for stroke care, the telestroke services market is expected to continue its growth trajectory in the years to come.

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Enterprise Medical Image Viewers Market

Wound Management Technologies Market

Particulate Respirators Market

Surgical Microscope Market

Automation Control System Market

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Innovations in Cell Expansion Technologies: Opportunities and Challenges in the Market| Thermo Fisher Scientific Inc., Becton, Dickinson and Company

The cell expansion market is a rapidly growing industry that focuses on the manufacturing and distribution of tools and technologies for the expansion of cells in culture. This market is driven by the increasing demand for cell-based therapies, the rising prevalence of chronic diseases, and the need for efficient and cost-effective cell expansion methods.

Cell expansion involves the growth of cells in culture to produce large quantities of cells for research or therapeutic purposes. The process of cell expansion requires specialized tools and technologies, such as cell culture media, reagents, and bioreactors. These tools and technologies are used to maintain the growth and viability of cells in culture and enable the production of large quantities of cells.

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The cell expansion market is segmented by product type, cell type, application, end-users, and geography. The product types of cell expansion include consumables, instruments, and software. Consumables include media, sera, reagents, and other consumables. Instruments include bioreactors, cell counters, and other instruments. Software includes cell culture management software and other software.

The cell types of cell expansion include mammalian cells, microbial cells, and other cells. The applications of cell expansion include research applications and clinical applications. Research applications include drug discovery and development, stem cell research, and other research applications. Clinical applications include cell-based therapies, regenerative medicine, and other clinical applications.

The end-users of cell expansion include research laboratories, biotechnology and pharmaceutical companies, contract research organizations, and other end-users. Geographically, the cell expansion market is divided into North America, Europe, Asia-Pacific, and the rest of the world. North America and Europe are the largest markets for cell expansion, followed by Asia-Pacific. The increasing demand for cell-based therapies, the growing biotechnology and pharmaceutical industries, and the presence of key players in the region are driving the growth of the market in North America and Europe. The Asia-Pacific region is expected to witness significant growth in the coming years due to the increasing adoption of advanced healthcare technologies and the growing healthcare infrastructure in the region.

The key players in the cell expansion market include Thermo Fisher Scientific Inc., Becton, Dickinson and Company, Merck KGaA, Corning Incorporated, Sartorius AG, and Danaher Corporation. These companies are focused on developing innovative products and solutions to meet the growing demand for cell expansion tools and technologies.

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In conclusion, the cell expansion market is a rapidly growing industry that is driven by the increasing demand for cell-based therapies, the rising prevalence of chronic diseases, and the need for efficient and cost-effective cell expansion methods. The market is segmented by product type, cell type, application, end-users, and geography, and the key players in this market are focused on developing innovative products and solutions to meet the growing demand. With the continued growth of the biotechnology and pharmaceutical industries, the cell expansion market is expected to continue its growth trajectory in the years to come.

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Dental Crown and Bridges Market

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Pharmaceutical Spray Drying Market

Insulin Pen Market

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AI Sales Assistant Software Market Growth and Restrain Factors Analysis 2023 – 2033

As per a study by Persistence Market Research, from US$31.5 billion in 2022 to US$92.8 billion in 2032, the global AI Sales Assistant Software market is predicted to grow at an 11.4% CAGR from 2022 to 2032. The major factors that are expected to accelerate growth include increased participation ratios, with deeper win insights and attribution around drivers, greater sales targeting efficiency, with smarter segmentation coupled with lead prioritization, faster sales on-boarding, with most win insights and coaching available in real-time as well as increased sales productivity, with a multitude of bots available for common tasks, which are all offered by the AI Sales Assistance Software.

In addition, the increasing demand among enterprises to enhance sales conversion is another factor that is anticipated to propel the market growth. Moreover, the other factor that is expected to favour the market growth includes investment by both small and medium and enterprises and large enterprises to increase their sales revenue with the adoption of technologies such as artificial intelligence.

AI Sales Assistant Software Market
AI Sales Assistant Software Market

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The AI Sales Assistant Software assists in automatically converting sales leads to potential sales for the organization with the help of human intelligence. This is one of the significant factors that augments the market growth during the forecast period. Additionally, it offers benefits such as lead qualification and follow-up, pipeline management, forecasting, meeting scheduling, and data entry. This is another factor that is expected to fuel the market growth during the forecast period.

Key Takeaways:

  • On the basis of Type, the Cloud-based category of the AI Sales Assistant Software Market is expected to grow at the fastest CAGR of 11.1% during the forecast period.
  • Large Enterprises category is expected to grow at a high rate in the application segment of the AI Sales Assistant Software Market, with a CAGR of 10.8% during the forecast period.
  • The AI Sales Assistant Software Market for the U.S is expected to be worth US$ 33 billion by 2032, with a CAGR of 11.2% over the forecast period.
  • The market size for AI Sales Assistant Software in China is expected to reach US $6.7 billion by 2032, growing at a CAGR of 10.9% during the research period.
  • Japan is expected to reach a market size of US$ 5.8 billion in the AI Sales Assistant Software Market by 2032, with a CAGR of 10.5% during the research period.
  • UK is expected to have a market size for AI Sales Assistant Software of US$ 3.9 billion by 2032, with a CAGR of 10.4% during the research period.
  • By 2032, South Korea is expected to reach a market size of US$ 3.5 billion in the AI Sales Assistant Software Market, with a CAGR of 10.1% during the research period.

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Competitive Landscape

Major players such as

  • Conversica
  • Drift
  • Clari
  • SalesDirector.ai
  • Troops
  • Tact.ai
  • Cien
  • Saleswhale
  • Zia
  • Amplemarket

among others are expected to dominate the market share in terms of revenue. This domination is owing to the rising investment for developing advanced AI Sales Assistant Software to cater to Large Enterprises and SMEs.

  • In October 2021, Conversica announced a strategic partnership with CDK Global to integrate Conversica’s Automotive Sales Artificial Intelligence (AI) Assistants into CDK Elead customer relationship management (CRM), with offering automotive dealerships a competitive advantage through the ability to scale communications with customers and enhance the shopper experience.
  • In August 2021, Zoho Corporation announced Canvas for Zoho CRM, a one-of-a-kind design studio for CRM personalization. Canvas enables businesses to create their own CRM interfaces that are better suited to the role of each employee, without IT or developer involvement. It helps simplify complex CRM implementations into streamlined and contextual employee-facing experiences.
  • In September 2021, Clari announced new technology investments to its market-leading Revenue Operations platform. Clari’s new capabilities strengthen the industry’s only purpose-built workspace designed to help sales teams win more deals.

Find More Valuable Insights on AI Sales Assistant Software Market

Persistence Market Research puts forward an unbiased analysis of the global AI Sales Assistant Software Market, providing historical demand data (2015-2021) and forecast statistics for the period of 2022-2032. To understand the opportunities in AI Sales Assistant Software, the market is segmented on the basis of type, and application across five major regions.

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Key Segments Covered in the AI Sales Assistance Software Industry Report

By Type

  • On-Premises AI Sales Assistance Software
  • Cloud-Based AI Sales Assistance Software

By Application

  • Large Enterprises
  • SMEs

By Region

  • North America
  • Europe
  • Asia Pacific
  • Middle East and Africa
  • Latin America

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E-bike Subscription Platform Market Key Strategies, Historical Analysis, Trends, Opportunities and Forecast Till 2033

The global e-bike subscription platform market is estimated to accelerate a high CAGR of 15.2% over the forecast period (2021-2031). As such, the market is set to expand around 3.6X and close in on a valuation of US$ 4.2 Bn by 2031.

Environmental issues are major concerns that have been taken up seriously by the governments of many countries. Reduction in the sales of conventional vehicles and switch to encourage consumers into buying electric vehicles has been one of the major challenges faced by many countries. Therefore, governments of a few countries such as the U.S., Canada, and Germany have started offering incentives, subsidies, and tax reductions to consumers boost the sales of electric vehicles. Other countries in the South Asia & Pacific region are also on course to offer incentives to consumers, providing an opportunity for growth of the market.

E-bike Subscription Platform Market
E-bike Subscription Platform Market

With the concept gaining immense popularity, developments in this space and more frequent that ever:

  • In April 2021, Zoomo introduced the Zoomo Sport e-bike. This e-bike comes with intelligent features such as GPS tracker, Zoomo recovery, intelligent traction control that auto detects wet roads, and reduction in wheel slippage.
  • In November 2019, Bolt Bikes, an Australia-based startup, launched flexible subscriptions for electric bikes on a week-to-week contract for US$ 39. Additional facilities on the platform include fleet management, financing, and servicing of e-bikes.

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Key Takeaways from Market Study

  • Demand for the pay-as-you-go revenue model is estimated to surge. However, the monthly revenue model is estimated to continue to hold a significant market share through 2031.
  • The e-scooter segment is expected to emerge as a high-growth pocket in the market. However, the e-bicycle segment is estimated to dominate market share through 2031.
  • By end user, the commercial sector is currently leading the market. However, demand from the e-Commerce sector is likely to surge at a robust CAGR of nearly 19% through 2031.
  • The South Asia & Pacific market is expected to register a high CAGR owing to growing demand for e-bikes due to promotions and offers provided by market players in the region.
  • The market for e-bike subscription platforms in Japan and South Korea is expected to surge at CAGRs of around 19% and 17%, respectively.

“E-bike subscription platform providers should focus on offering e-bikes with intelligent features such as GPS tracking, traction control, remote locking, and crash detection,” says a Persistence Market Research analyst.

Rise in Fuel Prices to Propel Market Growth

Electricity used in electric vehicles is stored in the form of chemical energy in the batteries. These batteries are recharged by the transmission of electricity from an outside source. The main source of electricity for recharging batteries is the overhead lines of grid networks that are mainly produced from coal and renewable sources.

Growth in the transportation sector has severely depleted non-renewable petroleum reserves, causing fuel prices to rise. This rise will be exponential over the coming years as crude oil reserves will further reduce, leading to higher demand, paving the way for the growth of vehicles running on alternate sources of energy.

As such, high price of fuel is increasing the adoption of e-bikes across various countries. E-bike usage is increasing for avoiding traffic in big cities and for reducing carbon footprint. Businesses are subscribing to e-bikes on various subscription platforms, as this is an affordable way to own an e-bike.

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Key Players :

  • Uber
  • Zoomo
  • Dance
  • Zygg
  • Zypp
  • eBikeGo
  • Yulu
  • COO Rides
  • Dash Rides
  • Moby Bikes Ltd
  • Ather Energy

More Valuable Insights

Persistence Market Research’s report on the e-bike subscription platform market is segmented into four major sections – revenue model (monthly, quarterly, annually, pay-as-you-go), bike type (e-bicycles, e-scooters), end user (individuals, commercial), and region (North America, Latin America, Europe, East Asia, South Asia & Pacific, and the Middle East & Africa), to help readers understand and evaluate the lucrative opportunities in the market.

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Key Segments of E-Bike Subscription Platform Market Industry Research

By Revenue Model:

  • Monthly
  • Quarterly
  • Annually
  • Pay as you Go

By Bike Type:

  • E-Bicycles
  • E-Scooters

By End User:

  • Individuals
  • Commercial
    • Food and Beverages
    • Logistics
    • E-commerce
    • Pharmaceuticals
    • Others

By Region:

  • North America
  • Latin America
  • Europe
  • East Asia
  • South Asia Pacific
  • Middle East and Africa

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Transforming Healthcare with Remote Patient Monitoring: Opportunities and Challenges| Abbott Laboratories, Boston Scientific Corporation, Medtronic Plc, Koninklijke Philips

The remote patient monitoring services market is a rapidly growing industry that utilizes advanced technology to enable healthcare professionals to remotely monitor and diagnose patients. This market is driven by the increasing demand for healthcare services, the rising prevalence of chronic diseases, and the need for cost-effective healthcare solutions.

Remote patient monitoring services involve the use of devices that collect and transmit patient data, such as vital signs, blood glucose levels, and medication adherence, to healthcare providers. These devices can be used in a variety of settings, including hospitals, clinics, and patients’ homes. They enable healthcare providers to monitor patients’ conditions in real-time, allowing for early intervention and improved outcomes.

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The remote patient monitoring services market is segmented by product type, application, end-user, and geography. The product types of remote patient monitoring services include devices, software, and services. Devices are further sub-segmented into vital sign monitors, glucose monitors, ECG monitors, and others. Software includes applications and platforms, while services include consulting and training, support and maintenance, and others.

The applications of remote patient monitoring services include cardiovascular diseases, diabetes, sleep disorders, and others. The rising prevalence of chronic diseases, such as diabetes and cardiovascular diseases, is driving the demand for remote patient monitoring services. The end-users of remote patient monitoring services include hospitals, clinics, home care settings, and others.

Geographically, the remote patient monitoring services market is divided into North America, Europe, Asia-Pacific, and the rest of the world. North America is the largest market for remote patient monitoring services, followed by Europe and Asia-Pacific. The increasing demand for healthcare services, the rising prevalence of chronic diseases, and the presence of key players in the region are driving the growth of the market in North America and Europe. The Asia-Pacific region is expected to witness significant growth in the coming years due to the increasing adoption of advanced healthcare technologies and the growing healthcare infrastructure in the region.

The key players in the remote patient monitoring services market include Abbott Laboratories, Boston Scientific Corporation, Medtronic Plc, Koninklijke Philips N.V., General Electric Company, and Honeywell International Inc. These companies are focused on developing innovative products and solutions to meet the growing demand for remote patient monitoring services.

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In conclusion, the remote patient monitoring services market is a rapidly growing industry that is driven by the increasing demand for healthcare services, the rising prevalence of chronic diseases, and the need for cost-effective healthcare solutions. The market is segmented by product type, application, end-user, and geography, and the key players in this market are focused on developing innovative products and solutions to meet the growing demand. With the continued growth of the healthcare industry, the remote patient monitoring services market is expected to continue its growth trajectory in the years to come.

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ODM and EMS Wi-Fi Devices Market To Witness Robust Expansion Throughout The Forecast Period 2023 – 2033

The global ODM and EMS Wi-Fi devices market is estimated to accelerate a high CAGR of 12.5% over the forecast period (2021-2031). In other words, the market is set to expand around 3.3X and close in on a valuation of US$ 22.4 Bn by 2031.

In the past 20 years, Wi-Fi has rapidly evolved to meet the needs of both, consumers and businesses. Wi-Fi has proven to be a revolutionary technology, enabling innovators to innovate and achieve amazing feats that would have been unimaginable before.

The manufacturing industry is composed of a complex web of companies that provide a range of manufacturing services for established companies, but also for start-ups. Moreover, increase in demand for smart technologies, technological developments of wireless connections, and the new normal condition under COVID-19 are acting as major market drivers.

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ODM and EMS Wi-Fi Devices Market
ODM and EMS Wi-Fi Devices Market

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As the cost of electronic devices and related products continues to rise, EMS providers’ penetration is increasing dramatically. One of the main drivers of ODM and EMS Wi-Fi devices is the continuously growing semiconductor industry. Demand for EMS and ODM Wi-Fi devices is predicted to grow significantly as consumer electronics and computers become even more popular.

Key Takeaways from Market Study

  • Demand for Wi-Fi access points, among products, is estimated to surge. However, Wi-Fi routers are estimated to continue to hold significant market share through 2031.
  • By end user, Internet service providers are currently leading the market. Although, demand from telecom operators is likely to expand at a robust CAGR of nearly 15% through 2031.
  • The South Asia & Pacific market is expected to register a high CAGR owing to the vast number of technology savvy users across the region.
  • The market in Japan and the U.K. is expected to surge ahead at growth rates of around 12% and 17%, respectively.

“Growing penetration of technological devices across the globe has triggered the use of advanced electronic equipment. Proliferating government ingenuities to promote industrialization and digitalization in developing economies is the regional development opportunity for ODM and EMS Wi-Fi device manufacturers,” says a Persistence Market Research analyst.

Recent Market Developments:

In August 2021, Alpha Networks showcased its 48-port 25G BASE-T Ethernet switch (SNC-60×0-486T) at the DesignCon 2021 held at the San Jose McEnery Convention Center, in conjunction with FIT Hon Teng’s 25G BASE-T RJ45.

In response to the needs of 5G, Internet of Vehicles (IoV), AI, big data analytics, and self-driving cars, the new product offers a more economical and efficient alternative for its clients to upgrade to 10G BASE-T in the future, and accommodates their needs for edge computing and long-term deployments.

In Sept 2020, Delta Networks, Inc. announced a collaboration with Microsoft and the Consortium for On Board Optics (COBO) on the successful development of a leading-edge proof of concept (POC) open networking switch featuring 12.8 Tbps bandwidth capacity.

This innovative POC open networking switch underscores Delta’s capabilities regarding the research & development of next-generation data center infrastructure with leading transmission speeds and energy efficiency for the nascent 5G era.

Rising Trend of Connected and Smart Devices

The arrival of IoT in the world of electronic manufacturing would undoubtedly change the way manufacturing processes are managed and operated. IoT-based technologies are increasingly being deployed in production plans, reflecting the overall growth in networking across the globe. These service providers are best able to monitor the extensive production chain involved in today’s complicated electronics manufacturing industry, owing to streamlined asset monitoring and connected networks that maintain a steady stream of data during production.

Also, due to the COVID-19 outbreak in 2020, manufacturers across the world have been forced to re-evaluate their operations, create contingency measures, and employee protection in an effort to deal with the pandemic’s demoralizing setbacks.

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Electronic component design and assembly have been revolutionized with the introduction of miniaturization and implementation of new developments in networking technologies and improved connectivity presented by 5G, which is estimated to further boost demand for ODM and EMS Wi-Fi devices.

Key Players :

  • Foxconn
  • Pegatron Corporation
  • Alpha Networks Inc.
  • Kinpo Electronics, Inc.
  • Delta Networks, Inc.
  • Askey Corporation
  • Gemtek Technology Co., Ltd.
  • Sercomm Corporation
  • Arcadyan Technology Corporation
  • Accton Technology
  • Actiontec Electronics, Inc.
  • VVDN Technologies
  • Rockleigh Industries Inc.
  • AsiaRF Co., Ltd.
  • Visonicom Technology Ltd.

More Valuable Insights Available

Persistence Market Research’s report on the ODM and EMS Wi-Fi devices market is segmented into three major sections – product (Wi-Fi access points, Wi-Fi routers, Wi-Fi adapters, and others), end user (telecom operators, Internet service providers, corporates/enterprises, individuals, and others), and region (North America, Latin America, Europe, East Asia, South Asia & Pacific, and the Middle East & Africa), to help readers understand and evaluate lucrative opportunities in the market.

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Key Segments of ODM and EMS Wi-Fi Devices Market Industry Research

By Product:

  • Wi-Fi Access Points
  • Wi-Fi Routers
  • Wi-Fi Adapters
  • Others

By End User:

  • Telecom Operators
  • Internet Service Providers
  • Corporates/Enterprises
  • Individuals
  • Others

By Region:

  • North America
  • Latin America
  • Europe
  • East Asia
  • South Asia Pacific
  • Middle East and Africa

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Podoscope Market: Rising Prevalence of Foot Disorders and Injuries Driving Demand| Albyn Medical, B&L Biotech, Eloi Podologie, HAP Médical, Novel GmbH

The Podoscope Market is a rapidly growing industry that specializes in the manufacturing and distribution of medical equipment designed to analyze and diagnose foot-related conditions. This market is driven by the rising demand for podoscopes in the healthcare sector, as they offer a range of benefits for medical professionals and patients alike.

Podoscopes are devices that are used to examine the feet and detect any abnormalities that may be present. They use a series of mirrors and lights to create a clear image of the sole of the foot, which can then be examined and analyzed by medical professionals. This technology has proven to be highly effective in diagnosing conditions such as flat feet, high arches, and other foot-related problems.

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The podoscope market is segmented by product type, application, end-users, and geography. The product types of podoscopes include portable, stationary, and digital podoscopes. Portable podoscopes are lightweight and easy to transport, making them ideal for use in remote locations or during home visits. Stationary podoscopes are designed for use in medical clinics, hospitals, and other healthcare facilities. Digital podoscopes are the latest innovation in this market and use advanced technology to provide detailed and accurate images of the foot.

The application of podoscopes includes diagnostic, treatment, and research. Diagnostic podoscopes are used to examine the foot and detect any abnormalities. Treatment podoscopes are used to treat foot-related conditions such as plantar fasciitis, bunions, and corns. Research podoscopes are used in the development of new treatments and therapies for foot-related conditions.

The end-users of podoscopes include hospitals, clinics, diagnostic laboratories, and research institutions. The rising demand for podoscopes in the healthcare sector is attributed to the increasing incidence of foot-related conditions such as diabetes, obesity, and arthritis. The use of podoscopes has also been found to reduce the risk of amputation in patients with diabetes.

Geographically, the podoscope market is divided into North America, Europe, Asia-Pacific, and the rest of the world. North America and Europe are the largest markets for podoscopes, followed by Asia-Pacific. The increasing demand for podoscopes in developing countries is attributed to the growing awareness about foot-related conditions and the rising disposable income of consumers.

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The key players in the podoscope market include Albyn Medical, B&L Biotech, Eloi Podologie, HAP Médical, Novel GmbH, and Plinth 2000. These companies are focused on developing innovative products to meet the growing demand for podoscopes in the healthcare sector.

In conclusion, the podoscope market is a rapidly growing industry that is driven by the rising demand for podoscopes in the healthcare sector. The increasing incidence of foot-related conditions, such as diabetes, obesity, and arthritis, is driving the demand for podoscopes. The market is segmented by product type, application, end-users, and geography, and the key players in this market are focused on developing innovative products to meet the growing demand. With the continued growth of the healthcare industry, the podoscope market is expected to continue its growth trajectory in the years to come.

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Linseed Oil Market : US Poised to Achieve Continuing Growth| grow at a CAGR of 3.9

The Linseed oil market has been growing steadily over the years due to its widespread applications in various industries, including food, pharmaceutical, cosmetics, and paint industries. Linseed oil is obtained from the dried and ripened seeds of the flax plant (Linum usitatissimum) through the process of pressing. It is a clear, yellowish liquid with a mild nutty odor and has high levels of alpha-linolenic acid (ALA), an essential omega-3 fatty acid.

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The global linseed oil market was valued at USD 764.5 million in 2020 and is expected to reach USD 1,047.6 million by 2028, growing at a CAGR of 3.9% from 2021 to 2028. The increasing demand for linseed oil in the food and pharmaceutical industries, along with the growing trend of using natural ingredients in cosmetic products, is driving the growth of the market.

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In the food industry, linseed oil is used as a dietary supplement due to its high levels of ALA. It is also used in the production of baked goods, margarine, and salad dressings. In the pharmaceutical industry, linseed oil is used in the production of supplements and medicines due to its anti-inflammatory and antioxidant properties. It is also used in the treatment of various medical conditions such as diabetes, cancer, and heart disease.

The cosmetic industry is also a major consumer of linseed oil, as it is used in the production of natural and organic skincare products. Linseed oil is known for its moisturizing and anti-aging properties and is used in the production of creams, lotions, and hair care products. It is also used in the production of natural paints and varnishes due to its high levels of drying agents.

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Europe is the largest market for linseed oil, accounting for a significant share of the global market. The region is home to major players in the linseed oil industry and has a well-established food, pharmaceutical, and cosmetic industry. North America and Asia Pacific are also expected to witness significant growth in the linseed oil market due to the increasing demand for natural and organic products.

The key players in the linseed oil market include Archer Daniels Midland Company, Bioriginal Food & Science Corp, Cargill, Incorporated, Krishi Oils Limited, Gustav Heess GmbH, Henry Lamotte Oils GmbH, Natrol, LLC, Spectrum Chemicals & Laboratory Products, and Shape Foods Inc. These players are focusing on expanding their product portfolio and increasing their market share through mergers and acquisitions, collaborations, and partnerships.

In conclusion, the linseed oil market is expected to witness significant growth in the coming years due to the increasing demand for natural and organic products in various industries. The market is highly competitive, with key players focusing on product innovation and expansion to gain a competitive edge.

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Enhancing Long-Term Success Rates with Dental Fiberglass Posts: A Comprehensive Market Analysis| | Ivoclar Vivadent AG, DENTSPLY SIRONA Inc., GC Corporation, Danaher Corporation

The Dental Fiberglass posts market is a rapidly growing industry that focuses on the manufacturing and distribution of dental products used in restorative dentistry. This market is driven by the increasing demand for dental restorations, the growing adoption of dental implants, and the need for improved materials and techniques for dental procedures.

Dental fiberglass posts are used to anchor dental restorations, such as crowns, bridges, and dentures, to the natural teeth or implants. These posts are made of fiberglass material and are preferred over traditional metal posts due to their superior strength, flexibility, and aesthetic properties.

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The dental fiberglass posts market is segmented by product type, application, end-users, and geography. The product types of dental fiberglass posts include prefabricated posts and custom-made posts. The applications of dental fiberglass posts include crown and bridge restorations, endodontic treatments, and other applications. The end-users of dental fiberglass posts include dental clinics, hospitals, and other end-users.

Geographically, the dental fiberglass posts market is divided into North America, Europe, Asia-Pacific, and the rest of the world. North America is the largest market for dental fiberglass posts, followed by Europe and Asia-Pacific. The increasing demand for dental restorations, the growing adoption of dental implants, and the presence of key players in the region are driving the growth of the market in North America and Europe. The Asia-Pacific region is expected to witness significant growth in the coming years due to the increasing adoption of advanced dental technologies and the growing healthcare infrastructure in the region.

The key players in the dental fiberglass posts market include Ivoclar Vivadent AG, DENTSPLY SIRONA Inc., GC Corporation, Danaher Corporation, Voco GmbH, and Kuraray Noritake Dental Inc. These companies are focused on developing innovative products and solutions to meet the growing demand for dental restorations.

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In conclusion, the dental fiberglass posts market is a rapidly growing industry that is driven by the increasing demand for dental restorations, the growing adoption of dental implants, and the need for improved materials and techniques for dental procedures. The market is segmented by product type, application, end-users, and geography, and the key players in this market are focused on developing innovative products and solutions to meet the growing demand. With the continued growth of the dental industry, the dental fiberglass posts market is expected to continue its growth trajectory in the years to come.

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Syringes and Needles Market

North American Long Term Acute Care Market

European Surgical Gowns Helmets Market

Women’s Health Imaging System Market

RFID in Healthcare Market

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Increasing Investment in Research and Development Spurs DNA Modifying Enzymes Market| Thermo Fisher Scientific Inc., New England Biolabs, Merck KGaA, Takara Bio

The DNA modifying enzymes market is an emerging and rapidly growing field in the biotechnology industry. DNA modifying enzymes are used to manipulate and modify DNA sequences in various applications, including gene therapy, genetic engineering, and diagnostics. The global DNA modifying enzymes market is expected to witness significant growth in the coming years, driven by factors such as growing applications, advancements in genome editing technologies, rising demand for personalized medicine, and increasing investment in research and development.

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DNA modifying enzymes are specialized proteins that are involved in the modification and repair of DNA sequences. They are essential tools for genetic engineering, gene therapy, and other biotechnological applications. These enzymes are classified into several categories, including nucleases, polymerases, ligases, and methylases, among others.

The market is driven by factors such as growing applications in gene therapy and genetic engineering, advancements in genome editing technologies, rising demand for personalized medicine, and increasing investment in research and development.

The DNA modifying enzymes market is segmented based on product type, application, end-user, and region. The product type segment includes nucleases, polymerases, ligases, methylases, and others. The application segment includes gene therapy, genetic engineering, diagnostics, and others. The end-user segment includes biotechnology and pharmaceutical companies, academic and research institutes, and others. The biotechnology and pharmaceutical companies segment dominates the market due to the high adoption of DNA modifying enzymes in drug discovery and development.

Geographically, North America dominates the DNA modifying enzymes market, followed by Europe. The Asia-Pacific region is expected to witness significant growth during the forecast period due to the rising demand for personalized medicine and increasing investment in research and development in the region.

The major players in the DNA modifying enzymes market include Thermo Fisher Scientific Inc., New England Biolabs, Merck KGaA, Takara Bio Inc., and Agilent Technologies Inc. These companies are focusing on developing advanced DNA modifying enzymes and expanding their product portfolios to cater to the growing demand for more effective gene therapy and genetic engineering tools.

The DNA modifying enzymes market faces several challenges such as high development costs, ethical concerns related to gene editing, and regulatory hurdles. However, with the increasing demand for personalized medicine and the development of more advanced genome editing technologies, the market is expected to witness significant growth in the coming years.

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In conclusion, the global DNA modifying enzymes market is expected to witness significant growth in the coming years, driven by factors such as growing applications, advancements in genome editing technologies, rising demand for personalized medicine, and increasing investment in research and development. The key players in the market should focus on developing advanced DNA modifying enzymes and expanding their product portfolios to cater to the growing demand for more effective gene therapy and genetic engineering tools. The industry should also work towards addressing the ethical and regulatory concerns related to gene editing to ensure the safe and responsible use of DNA modifying enzymes.

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Heart Valve Repair and Replacement Market

Adhesion Barriers Market

ECG Devices Market

3D Bioprinting Market

Urinary Catheters Market

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Food Fiber Market expected to generate a revenue of  US$ 6 Bn by 2027 end, Globally at 5.7 % CAGR

The Food fiber market is experiencing significant growth due to the increasing awareness of the health benefits of fiber-rich diets. Food fibers are essential components of plant-based foods that are not digested by the human body, and they play a crucial role in maintaining gut health and reducing the risk of chronic diseases such as diabetes, heart disease, and cancer.

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Global food fiber market was valued at USD 5.59 billion in 2020 and is expected to reach USD 8.16 billion by 2026, growing at a CAGR of 6.3% during the forecast period (2021-2026). The growing demand for functional foods and the increasing prevalence of chronic diseases are driving the growth of the market.

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The market is segmented based on type, source, application, and region. Based on type, the market is segmented into soluble and insoluble fibers. Soluble fibers are expected to witness the highest growth rate due to their ability to lower blood cholesterol levels and reduce the risk of heart disease. Based on source, the market is segmented into fruits and vegetables, cereals and grains, legumes, and others. The fruits and vegetables segment is expected to hold the largest market share due to the high content of fiber in these foods.

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Based on application, the market is segmented into bakery products, beverages, dairy products, meat products, and others. The bakery products segment is expected to hold the largest market share due to the increasing demand for fiber-enriched bakery products such as bread, muffins, and cakes. Geographically, the market is segmented into North America, Europe, Asia Pacific, and the Rest of the World. The Asia Pacific region is expected to witness the highest growth rate due to the increasing demand for functional foods and the growing awareness of the health benefits of fiber-rich diets in the region.

The key players in the food fiber market include Cargill Incorporated, Tate & Lyle PLC, Archer Daniels Midland Company, Ingredion Incorporated, DuPont de Nemours, Inc., Kerry Group, Roquette Frères, Südzucker AG, Nexira, and Grain Processing Corporation. These players are focusing on expanding their product portfolios, increasing their production capacities, and adopting strategies such as mergers and acquisitions to strengthen their market position.

In conclusion, the food fiber market is a growing industry that is expected to witness significant growth during the forecast period. The increasing demand for functional foods and the growing awareness of the health benefits of fiber-rich diets are driving the growth of the market. The market is highly competitive, with key players adopting strategies such as mergers and acquisitions to strengthen their market position.

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Rising Prevalence of Cancer Boosts Demand for FLECT/CT Imaging in Oncology Applications|

FLECT/CT imaging, also known as fluorescence molecular tomography combined with computed tomography, is an emerging imaging technique that enables high-resolution imaging of small animals for research purposes. The technique combines the advantages of fluorescence molecular imaging and computed tomography to provide anatomical and functional information at the molecular level. The global FLECT/CT imaging market is expected to grow significantly in the coming years due to factors such as increasing demand for high-resolution imaging, technological advancements in imaging systems, and rising prevalence of cancer.

The market is driven by factors such as the increasing demand for high-resolution imaging in preclinical research, growing adoption of imaging systems in drug development, and rising prevalence of cancer.

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The FLECT/CT imaging market is segmented based on application, end-user, and region. The application segment includes oncology, cardiology, neurology, and others. The oncology segment dominates the market due to the high prevalence of cancer and growing demand for imaging systems in cancer research. The end-user segment includes research institutes, pharmaceutical & biotechnology companies, and others. The research institutes segment dominates the market due to the high adoption of imaging systems in preclinical research.

Geographically, North America dominates the FLECT/CT imaging market, followed by Europe. The Asia-Pacific region is expected to witness significant growth during the forecast period due to the increasing adoption of imaging systems in drug development and growing research activities in the region.

The major players in the FLECT/CT imaging market include PerkinElmer, Inc., Bruker Corporation, MR Solutions Ltd., and Sofie Biosciences, Inc. These companies are focusing on developing advanced imaging systems to cater to the growing demand for high-resolution imaging in preclinical research.

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The FLECT/CT imaging market faces several challenges such as high cost of imaging systems and lack of awareness about the benefits of the technique. However, with the increasing demand for high-resolution imaging, the market is expected to witness significant growth in the coming years.

In conclusion, the global FLECT/CT imaging market is expected to grow significantly in the coming years, driven by factors such as increasing demand for high-resolution imaging in preclinical research, technological advancements in imaging systems, and rising prevalence of cancer. With the development of advanced imaging systems, the market is expected to witness significant growth in the future. The key players in the market should focus on addressing the challenges faced by the industry and invest in research and development to develop more advanced and cost-effective imaging solutions.

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Neurostimulation Devices Market

Delivery Systems In Personal Care Market

Metabolic Testing Market

Human Augmentation Market

Single-Use Bioprocess Systems Market

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Triage System Market Current Scenario Trends, Comprehensive Analysis and Regional Forecast to 2033

The global triage system market is anticipated to surge ahead and expand at around 21% CAGR through the period of 2021 to 2031, owing to increasing adoption of advanced technologies in telehealth care, globally. In addition, increasing adoption of pre-hospital apps owing to their benefits such as improved treatment outcomes, decreased costs, enhanced patient experience, error reduction, and ensured proactive care is further contributing toward market growth.

Governments of various countries are putting efforts to boost primary healthcare and digital health education to expand their medical care. This is one of the key drivers fueling demand for triage systems. In the past few years, many developed and developing countries have already invested in triage services.

Triage System Market
Triage System Market

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Key Takeaways of from Market Study

  • Primary care centers is a key end-user segment and accounted for over 57% of market revenue share in 2020.
  • Developing countries are seeing a shift in focus from treatment to prevention through virtual hospitals, remote preventive care, and many advanced technologies.
  • Triage services to grow 7.6 X of their current market value by the end of 2031, as their adoption is increasing for issues ranging from simple questions to complex scenarios where symptoms may indicate significant health issues.
  • In terms of revenue, East Asia is projected to be the most attractive region for triage system manufacturers during the forecast period.
  • South Asia & Pacific is expected to be the fastest-growing market for triage systems. In terms of value, the region is expected to witness a CAGR of 24% through 2031.

“Triage systems sort casualties according to seriousness of the injury and prioritization of treatment. These systems follow protocols and monitor the condition of patients. Providers are modernizing their systems for casualty evacuation and treatment through triage services. Thus, prompt medical treatment and early evacuation are expected to majorly shape market growth,” says a Persistence Market Research analyst.

COVID-19 Pandemic Impact Analysis

Health concerns are increasing around the world and causing significant business impact due to the ongoing COVID-19 pandemic. The triage system market experienced substantial growth in 2020, owing to the positive impact on the telehealth/telemedicine sector during the pandemic. Companies manufacturing systems have witnessed an increase in usage due to the COVID-19 pandemic for COVID testing, treatment, and vaccination.

Digital triage can help by managing demand online in a situation such as COVID-19. It can play a vital role in face-to-face access channels or patients can take advantage of ‘talk before you walk’, which is the ambition of digital triage. Triage helps in informing the future design of primary healthcare provision. This is expected to create potential growth opportunities for digital triage systems to facilitate early detection of disease and management.

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Key Players :

  • Vocera Communications
  • Hinduja Global Solutions Ltd.
  • eConsult
  • Nihon Kohden
  • Infermedica
  • EiT Health
  • Allm Inc.
  • TriageLogic
  • Asymmetrik

More Valuable Insights Available

Persistence Market Research puts forward an unbiased analysis of the global triage system market, providing historical demand data (2016-2020) and forecast statistics for the period 2021-2031. To understand opportunities in this space, the market is segmented on the basis of solution (triage platforms/applications, services [digital triage services and telephonic triage services]) and end user (primary care centers and urgent/emergency care centers), across six major regions of the world.

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Key Segments of Triage System Market Research

By Solution:

  • Triage Platforms/Applications
  • Services
    • Digital Triage Services
    • Telephonic Triage Services

By End User:

  • Triage Systems for Primary Care Centers
  • Triage Systems for Emergency /Urgent Care Centers

By Region:

  • North America
  • Latin America
  • Europe
  • East Asia
  • South Asia Pacific
  • Middle East and Africa

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Chondroitin Sulfate Market to Exhibit a US$ 8.3  Bn by 2031

The Chondroitin sulfate market is a growing industry that is gaining popularity due to the increasing demand for dietary supplements, functional foods, and pharmaceuticals. Chondroitin sulfate is a naturally occurring molecule that is found in the connective tissues of animals, including humans. It is commonly used as a dietary supplement to support joint health and reduce the symptoms of osteoarthritis.

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According to a market research report published by Persistence Market Reserach, the global chondroitin sulfate market is projected to grow from $343 million in 2020 to $413 million by 2025, at a CAGR of 3.8% during the forecast period. The increasing prevalence of osteoarthritis and the rising demand for dietary supplements are driving the growth of the market.

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The market is segmented based on source, application, and region. Based on the source, the market is segmented into bovine, porcine, and others. Bovine chondroitin sulfate is the most widely used source due to its high availability and cost-effectiveness. Based on application, the market is segmented into dietary supplements, pharmaceuticals, veterinary use, and others. The dietary supplements segment is the largest and fastest-growing segment due to the increasing demand for natural supplements for joint health.

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Geographically, the chondroitin sulfate market is segmented into North America, Europe, Asia Pacific, and the Rest of the World. North America is the largest market due to the high prevalence of osteoarthritis in the region and the growing demand for dietary supplements. However, the Asia Pacific region is expected to grow at the highest CAGR during the forecast period due to the increasing population and rising disposable income.

The key players in the chondroitin sulfate market include Sioux Pharm, TSI Group Ltd., Synutra International Inc., Jiaxing Hengjie Biopharmaceutical Co. Ltd., Pacific Rainbow International Inc., Bioiberica S.A.U., Seikagaku Corporation, Summit Nutritionals International Inc., and Yantai Dongcheng Biochemicals Co. Ltd. These players are focusing on expanding their product portfolios, increasing their production capacities, and adopting strategies such as mergers and acquisitions to strengthen their market position.

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Efficiency and Comfort: The Automotive Gas Charged Shock Absorbers Market Explore

The automotive gas charged shock absorbers market is likely to continue its steady growth owing to the shifting driver preference for safety and enhanced driving comfort while driving on uneven roads or rough terrains. According to Persistence Market Research (PMR) report on automotive gas charged shock absorbers market, the global market for automotive gas charged shock absorbers is anticipated to witness bullish annual growth rate in forthcoming years. As per PMR report on automotive gas charged shock absorbers market, automotive gas charged shock absorbers market is anticipated to surpass US$ 4.529 billion by the end of forecast period (2018-2027), while registering 5.3% CAGR. The automotive gas charged shock absorbers have been projected to gain ground as an essential component in automotive sector.

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“The safety and comfort of the driver are two leading factors propelling demand of automotive gas charged shock absorbers, globally. Being a vital component of a vehicle’s suspension, automotive gas charged shock absorbers alleviate the impact of riding on uneven terrains, by regulating extreme suspension movements to provide a highly firm ride. The consumer buying experiences will remain influenced by a vehicle’s ride and handling performance, with demand being notably healthy in regions with rough roads,” said a PMR analyst while explaining automotive gas charged shock absorbers market dynamics.

With the manufacturers in automotive industry inducing damping control technology in a wide range of vehicles, ranging from passenger cars to heavy duty trucks, sales of automotive gas charged shock absorbers are expected to soar. This growing adoption can be attributed to the growing demand for enhanced on-road performance in tandem with protection of vital vehicular components from premature failure and wear.

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The PMR report on automotive gas charged shock absorbers market opines that automotive gas charged shock absorbers’ aftermarket sales are likely to supplement a competitive revenue over OEM manufacturers. This can be accredited to the growing initiatives of aftermarket vendors of automotive gas charged shock absorbers towards offering OEM’s type of automotive gas charged shock absorbers’ replacement for use on rough terrains and optimal ride comfort. They are also focusing on performance shocks that not just promise a firm ride but also enhances vehicle handling. The aftermarket automotive gas charged shock absorbers are likely to witness immense traction owing to myriad factors, such as ownership time, number of operational vehicles, and distance driven.

As the global automotive gas charged shock absorbers market is highly fragmented, the market is likely to witness vigorous competition, triggered by the presence of abundant unorganized automotive gas charged shock absorbers’ manufacturers. Furthermore, automotive gas charged shock absorbers market entrants are projected to grow on the back of lacking stringent regulations in tandem with easy availability of raw ingredients and minimal infrastructure requirements.

According to PMR report on automotive gas charged shock absorbers market, Europe is projected to remain highly lucrative region due to the robust presence of automotive components and accessories sector in the region. Furthermore, the paradigm shift to ADAS and EVs, partnerships with high-tech firms, and hefty R&D investments are expected to be the primary trends in Europe automotive gas charged shock absorbers market. SEAP and India are also likely to witness significant growth in automotive gas charged shock absorbers market during 2018-2027.

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Giving New Life to Old Parts: The Automotive Parts Remanufacturing Market Insights

Persistence Market Research (PMR) provides critical inputs and analysis on the Global Automotive Parts Remanufacturing market in its new study, ‘Automotive Parts Remanufacturing Market: Global Industry Analysis 2013–2017 and Forecast 2018–2026’. The research report offers in-depth analysis on the Automotive Parts Remanufacturing market for the projected period. On the basis of findings in the report, remanufactured automotive parts are estimated to witness soaring demand in years to come, particularly owing to the growing need for cost competitive remanufactured diesel engines. Moreover, the expanding automotive fleet and increasing per capita spending power are contributing significantly to the growth of automotive parts remanufacturing market. The global Automotive Parts Remanufacturing market is estimated to grow at a healthy CAGR of 7.1% during the forecast period, according to the PMR’s study.

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Automotive Parts Remanufacturing Market: Key Dynamics

Among the various key factors underpinning growth of the automotive parts remanufacturing market, economic costs of remanufactured parts will continue to be the most sought after one. Better warranty and improved environmental footprint will also remain important factors impacting demand growth of automotive parts manufacturing.

The global automotive parts remanufacturing market is witnessing notable growth attributed to the rising number of vehicles with an average age of more than 10 years. Rampant urban population growth in developing countries, subsequently leading to the critical need for personal vehicles for commuting, is particularly resulting in the escalating personal vehicular parc in overall transportation system.

Rise in adoption of electrical vehicles is however expected to hamper the growth of automotive parts remanufacturing market as it will challenge the sales of diesel and gasoline driven vehicles. EVs have fewer number of mechanical components, which in turn, will mask the role of aftermarket in automotive parts landscape. This according to PMR will pose a strong threat to automotive parts remanufacturing market.

Automotive Parts Remanufacturing Market: Segmentation Overview

  • Segmentation of the Automotive Parts Remanufacturing market on the basis of components: Under the components segment, the Engine and Related Parts segment is projected to have dominated the market with a market share of 30.3% in 2017 in the automotive parts remanufacturing market. The Electrical & Electronics parts segment is projected to register highest growth rate in terms of value CAGR during the forecast period in the automotive parts remanufacturing market
  • Segmentation of the Automotive Parts Remanufacturing market on the basis of vehicle type: In terms of Vehicles segment, the passenger vehicles segment is expected to dominate the automotive parts remanufacturing market owing to growing urban population and growing need for personal vehicles, especially in emerging countries, such as India and China. The growing average age of personal vehicles is also expected to be one of the main factors driving the growth of automotive parts remanufacturing market

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Automotive Parts Remanufacturing Market: Regional Overview

North America is estimated to hold major market share in the Global automotive parts remanufacturing market owing to the presence of a large number of aged automobile vehicles and a large automotive fleet. Europe is projected to follow North America in terms of market share as the region is an automotive manufacturing hub as well as due to high volume sales of passenger vehicles. The region is also estimated to create highest incremental $ opportunity in the global automotive parts remanufacturing market. In terms of growth rate, China is estimated to lead the automotive parts remanufacturing market. The automotive parts remanufacturing market has been projected to register a CAGR of 13.3% over the projection period, in China.

Global Automotive Parts Remanufacturing Market, by Components

Components
  • Engine & Related Parts
    • Turbocharger
    • Engine
    • Carburetors & Others
  • Transmission & Others
    • Gearbox
    • Clutches
    • Other transmission components
  • Electrical & Electronics
    • Starters
    • Alternators
    • Others
  • Wheels & Brakes
    • Hub Assemblies
    • Master Cylinders
    • Brake Calipers
    • Bearings
  • A/C Compressors
  • Steering
  • Fuel systems
  • Others
vehicle type
  • Passenger Cars
  • LCVs
  • HCVs
  • Off Road Vehicles
  • All-Terrain Vehicle
region/country
  • North America
  • Latin America
  • Europe
  • SEA & Pacific
  • China
  • MEA

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Automotive Parts Remanufacturing Market: Vendor Insights

The Automotive Parts Remanufacturing market is fairly fragmented, characterized by strong presence of a number of large multi-national corporations and a fairly high number of domestic players spread across various regions. The report highlights some of the leading players in the global Automotive Parts Remanufacturing market, such as Volvo AB, Robert Bosch, BBB Industries, Cardone Industries, Valeo SA, Meritor Inc., ATC Drivetrain LLC and Motor Parts of America, among others.

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The Traction You Need: Discovering the Latest Trends in Forestry Equipment Tires Market

The demand for Forestry Equipment Tires is anticipated to increase quickly, at a pace of 5.7%, between 2023 and 2033, according to the most recent market report released by Persistence Market Research.

The forestry equipment tires market refers to the market for tires specifically designed for forestry machinery, such as skidders, feller bunchers, harvesters, and other types of logging equipment. These tires are designed to withstand the challenging conditions of the forestry industry, including rough terrain, steep slopes, and debris.

The market for forestry equipment tires is driven by the increasing demand for wood and wood-based products, as well as the need for more efficient and effective forestry equipment. The forestry industry is expanding in many regions, and this is expected to continue to drive demand for forestry equipment tires.

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Some of the key players in the forestry equipment tires market include Michelin, Bridgestone, Goodyear, Continental, and Pirelli. These companies offer a range of tires specifically designed for forestry equipment, including tires with aggressive treads and reinforced sidewalls to withstand the challenging conditions of the forestry industry.

The forestry equipment tires market is also influenced by various trends, such as the increasing focus on sustainable forestry practices and the adoption of new technologies in the forestry industry. For example, some companies are developing “smart” tires that use sensors to monitor tire pressure and temperature, allowing for more efficient and safer operation of forestry equipment.

Overall, the forestry equipment tires market is expected to continue to grow in the coming years as the demand for wood and wood-based products increases, and as the forestry industry continues to adopt new technologies and sustainable practices.

Global Forestry Equipment Tires Market: Regional Overview

The Europe market is expected to dominate the global forestry equipment tires market in terms of revenue in 2018, and the region is projected to witness significant growth throughout the forecast period at a relatively steady pace as compared to other regions. The North America forestry equipment tires market is expected to trail behind European market capturing approximately a quarter of value share during 2018. The forestry equipment tires market in the region is expected to witness steady growth in the near future, primarily driven by recovery in the growth of construction industry and increasing wood demand. Latin America, with a significant forest area and recovering economy, is expected to cater a significant growth opportunity for the forestry equipment tire market participants during the forecast period. Developing countries across East Asia and South Asia such as India, China and ASEAN countries are expected to emerge as lucrative regions in the forestry equipment tires market.

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Global Forestry Equipment Tires Market: Vendor Insights

The global forestry equipment tires market is consolidated with tier-I players accounting for a significant share during 2018. Some of the leading market participants operating in the global forestry equipment tires market, including –

  • MICHELIN
  • Nokian Tyres plc
  • Bridgestone Corporation
  • Titan International, Inc.
  • Balkrishna Industries Limited
  • The Yokohama Rubber Co. Ltd.
  • Qingdao Qizhou Rubber Co. Ltd.
  • MAXAM TIRE INTERNATIONAL LTD
  • Tianjin United Tire & Rubber International Company Ltd

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Forestry Equipment Tire Market Segmentation

By Type:

  • Pneumatic Tires
  • Solid Tires
  • Polymer Based Tires

By Equipment Type:

  • Forestry Tractor Tires
  • Forestry Harvesters
  • Trailers
  • Forwarders
  • Forestry Skidders
  • Others

By Sales Channel:

  • Original Equipment Manufacturers (OEM)
  • Aftermarket Others

By Region:

  • North America
  • Latin America
  • Europe
  • East Asia
  • South Asia & Pacific
  • Middle East & Africa

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Smooth Rides Ahead: A Deep Dive into the Automotive Suspension Bushes Market

Persistence Market Research delivers key insights on the global Automotive Suspension Bushes market in its report titled ‘Automotive Suspension Bushes Market: Global Industry Analysis 2013–2018 and Forecast, 2019–2027’. Based on product type, control arm bushes are expected to remain the widely utilized Automotive Suspension Bushes throughout the forecast period. The passenger cars vehicle type segment will wield major share throughout the forecast years in the global Automotive Suspension Bushes market.

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Sales of Automotive Suspension Bushes around the globe is estimated to have reached a value of US$ 2.225 Billion by 2018 end while observing 3.6% Year-on-Year growth over the previous year. Europe, spearheaded by Germany, is projected to account for a prominent share in the Automotive Suspension Bushes market during the forecast period. The Middle East & Africa region is projected to grow at a prominent rate in the global Automotive Suspension Bushes market in the coming years.

Global Automotive Suspension Bushes Market Dynamics

The lifespan of Automotive Suspension Bushes primarily depends on the driving condition of vehicles. In good road conditions, Automotive Suspension Bushes exhibit a good lifespan of five to eight years. However, regular maintenance is required. On the other side, in bad road conditions, operational life of Automotive Suspension Bushes declines. This, in turn, gives a boost to the aftermarket segment in the global Automotive Suspension Bushes market.

Moreover, increasing automotive production owing to numerous applications of vehicles in logistics sector has been the key factor boosting the growth of the global Automotive Suspension Bushes market.

However, the advent of SUVs has created a new challenge for the Automotive Suspension Bushes manufacturers across the globe. Nowadays, consumers are demanding reduced vibration, noise and harness. The aforementioned factors are expected to restrict the growth of the global Automotive Suspension Bushes market over the forecast years.

Introduction of new products and acquisition activities across the value chain of Automotive Suspension Bushes have been found to be the key trends identified in the global marketplace of suspension bushes. In the recent past, various prominent manufacturers have introduced new products and have also been found to be involved in acquisition activities.

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Global Automotive Suspension Bushes Market Forecast

Among material type segments, the polyurethane segment is anticipated to wield major share in the overall Automotive Suspension Bushes market. The Polyurethane segment is anticipated to be followed by rubber and others segment. Polyurethane suspension bushes possess various advantages over their rubber counterparts, such as better load bearing capacity, higher cut, abrasion and tear resistance, etc.

China, in the global Automotive Suspension Bushes market, is expected to register high sales during the forecast period and is also expected to remain a high value market. The Middle East & Africa region is anticipated to witness an above-average CAGR in the global Automotive Suspension Bushes market. In terms of market value, the top 3 countries are projected to account for more than 40% of the overall incremental opportunity created during the forecast period in the global Automotive Suspension Bushes market.

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Global Automotive Suspension Bushes Market: Competitive Landscape

Some of the key market participants included in this report on Automotive Suspension Bushes market are Bonaprene Products Ltd., Tenneco, Inc., Fibet Group, GMT Rubber-Metal-Technic Ltd., SuperPro, Shanghai Pepsen Polyurethane Co., Ltd., Emdet Jamshedpur Pvt. Ltd., Teknorot, Energy Suspension, EPTG Ltd., American Urethane, Inc. and others.

Globally, a large number of global as well as regional players are involved in the production of Automotive Suspension Bushes and hence, the market is significantly fragmented. Key players involved in the production of Automotive Suspension Bushes have been focusing on product innovation and new product launches.

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Blockchain In EduTech Market is likely to witness an impressive CAGR of 59.6% during the forecast period 2021 to 2031

Blockchain In Edutech
Blockchain In Edutech

Global Blockchain In EduTech Market size is expected to grow from USD 129.2 million in 2021 to USD 1,110.3 million by 2031, at a Compound Annual Growth Rate (CAGR) of 59.6% during the forecast period.

Blockchain in EduTech refers to the use of blockchain technology in the education sector. Blockchain is a distributed ledger technology that enables secure and transparent record-keeping. In the education sector, blockchain can be used to create tamper-proof records of academic achievements, such as degrees, diplomas, and certifications, making it easier for employers and other educational institutions to verify the authenticity of academic records.

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Blockchain technology can also be used to facilitate secure and decentralized online learning platforms, enabling students to access educational content and interact with instructors and peers in a secure and transparent manner. The integration of blockchain technology in the education sector offers a wide range of benefits, including secure and transparent record-keeping, digital identity management, and verifiable credentials.

Competitive Landscape

Providers of Blockchain in EduTech solutions are executing development strategies to enhance their presence and consolidate share in the global Blockchain in EduTech market. Providers of Blockchain in EduTech solutions have adopted major growth strategies such as product launches, partnerships & acquisitions, and forming of regional and global distribution networks in order to increase their presence in the global market.

The following companies are major players in the Blockchain In Edutech Market:

Cubomania, Shikapa, Blockcerts, APPII, ODEM, Sony Global Education, Blockchain Education Network, Disciplina, Parchment, Bitdegree, Salesforce, SAP, Credly, Oracle Corporation, others

Benefits of Blockchain in EduTech

Blockchain technology can offer several benefits to the education industry. One of the most significant benefits of blockchain technology is its ability to provide a secure and tamper-proof platform for storing and sharing educational credentials. Blockchain technology can enable individuals to maintain a comprehensive and immutable record of their educational achievements that can be shared with potential employers or educational institutions. This can potentially eliminate issues related to fraudulent degrees and unverifiable credentials.

Another significant advantage of blockchain technology in the education industry is its ability to provide transparency in the education ecosystem. Blockchain technology can enable students, teachers, and educational institutions to maintain a transparent and secure record of student performance, attendance, and assessment. This can potentially enhance the accountability of educational institutions and promote a culture of transparency and fairness.

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Challenges of Blockchain in EduTech

Despite its potential benefits, the application of blockchain technology in the education industry is not without its challenges. One of the most significant challenges is the lack of standardization and interoperability. There is a need for a common standard for educational credentials and a framework for interoperability across different blockchain networks. Without such standardization, the potential benefits of blockchain technology in the education industry may not be fully realized.

Another challenge is the lack of awareness and understanding of blockchain technology among various stakeholders in the education industry. There is a need to educate stakeholders, such as students, teachers, and educational institutions, on the potential benefits and applications of blockchain technology in the education industry.

Finally, the implementation of blockchain technology in the education industry requires significant investment in terms of infrastructure, technical expertise, and resources. Small and medium-sized educational institutions may face significant challenges in adopting blockchain technology due to these factors.

Blockchain Offers Students Educational Achievement Portfolio

Educational blockchain platform help students to create their own digital portfolios in which various educational merits, degrees, achievements, awards and attendance can be stored. This portfolio can be shared openly to prove student’s worthiness of enrollment in a university or student can send the portfolio to the employer for job opportunity.

Using educational blockchain platform a universal database of potential candidates is created and due to this the best performing student are hired by the companies which can motivate the other students to perform better in academics.

Applications of Blockchain in EduTech

Despite the challenges, the application of blockchain technology in the education industry has several potential applications. One of the most significant applications is the use of blockchain technology for credentialing and verification of educational credentials. Blockchain technology can provide a secure and tamper-proof platform for storing and sharing educational credentials, which can potentially eliminate issues related to fraudulent degrees and unverifiable credentials.

Another potential application of blockchain technology in the education industry is the use of smart contracts for payment processing and student enrollment. Smart contracts can automate several processes, reduce administrative costs, and eliminate intermediaries, thereby enhancing the overall efficiency of the education ecosystem.

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Key Segments of Blockchain in EduTech Market Covered in the Report

By Solution –

  • Blockchain Enabled Learning Platform
  • Apps
  • Services
  • Integration & Implementation
  • Consulting
  • Support & Maintenance

By Application-

  • Smart Contracts
  • Digital Identity
  • Payment & Transactions
  • Others

By End user –

  • K-12
  • Colleges/Universities

Regional Analysis

North America is a leading contributor to the growth of the blockchain in EduTech market, owing to the increasing demand for blockchain smart contracts, gamification using blockchain technology in educational institutions. Around 55% of colleges and universities students in U.S. are accustomed to using technology and tech tools for acquiring knowledge and skills.

The colleges and universities in the region are adopting blockchain technology for securing the storage of the information recorded in the chain due to which the academic material is secure and unchangeable but can be accessed by everyone. The blockchain help to prove the ownership of the content.

Over the years, it has been observed that many Blockchain in EduTech solution vendors in the region are focusing on launching new and updated solutions to meet the growing need for blockchain education solutions for their customers, and cope up with the advancements in technology.

This trend is expected to continue in the coming few years, due to the high demand for blockchain technology among the universities and colleges in the region.

In conclusion, blockchain technology has the potential to revolutionize the education industry by providing a secure, transparent, and efficient platform for storing and sharing educational credentials. The application of blockchain technology in the education industry has several potential benefits, such as enhanced security, transparency, and efficiency. However, the implementation of blockchain technology in the education industry also faces several challenges, such as the lack of standardization, awareness, and investment.

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Expert analysis, actionable insights, and strategic recommendations – the Electronics, Semiconductor, and ICT team at Persistence Market Research helps clients from all over the globe with their unique business intelligence needs. With a repository of over 500 reports on electronics, semiconductors, and ICT, of which, 100+ reports are specific for ICT, the team provides end-to-end research and analysis on regional trends, drivers for market growth, and research development efforts in the electronics, semiconductor, and ICT industry.

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Advancements in TCR Engineering Techniques Spur Market Expansion| Adaptimmune Therapeutics plc, Immatics Biotechnologies GmbH, TCR2 Therapeutics

The T-cell receptor (TCR)-based antibody market is an emerging and rapidly growing field in the biopharmaceutical industry. TCR-based antibodies are a class of immunotherapies that have shown promising results in the treatment of various diseases, including cancer and autoimmune disorders. The global TCR-based antibody market is expected to witness significant growth in the coming years, driven by factors such as expanding applications, advancements in TCR engineering techniques, and rising prevalence of cancer.

TCR-based antibodies are engineered molecules that bind to specific antigens on the surface of cancer cells or other diseased cells. They are composed of a TCR component that recognizes the antigen and an antibody component that delivers a therapeutic payload, such as a cytotoxic agent or a T-cell activator. These antibodies have several advantages over traditional monoclonal antibodies, including higher specificity, lower toxicity, and broader target range.

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The market is driven by factors such as expanding applications in cancer and autoimmune diseases, advancements in TCR engineering techniques, and rising investment in research and development.

The TCR-based antibody market is segmented based on application, end-user, and region. The application segment includes oncology, autoimmune diseases, and infectious diseases. The oncology segment dominates the market due to the high prevalence of cancer and the growing demand for more effective cancer therapies. The end-user segment includes hospitals, research institutes, and others. The research institutes segment dominates the market due to the high adoption of TCR-based antibody therapies in preclinical research.

Geographically, North America dominates the TCR-based antibody market, followed by Europe. The Asia-Pacific region is expected to witness significant growth during the forecast period due to the rising prevalence of cancer and autoimmune diseases in the region.

The major players in the TCR-based antibody market include Adaptimmune Therapeutics plc, Immatics Biotechnologies GmbH, TCR2 Therapeutics Inc., and Kite Pharma Inc. These companies are focusing on developing advanced TCR-based antibody therapies to cater to the growing demand for more effective cancer and autoimmune disease treatments.

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The TCR-based antibody market faces several challenges such as high development costs, regulatory hurdles, and technical complexities. However, with the increasing demand for more effective and targeted therapies, the market is expected to witness significant growth in the coming years.

In conclusion, the global TCR-based antibody market is expected to witness significant growth in the coming years, driven by factors such as expanding applications, advancements in TCR engineering techniques, and rising prevalence of cancer and autoimmune diseases. With the development of more effective and targeted therapies, the market is expected to witness significant growth in the future. The key players in the market should focus on addressing the challenges faced by the industry and invest in research and development to develop more advanced and cost-effective TCR-based antibody therapies.

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Driving Performance: The Latest Insights into the Automotive Piston Rings Market

Piston Ring Market

The demand for piston ring is driven by the basic need for engine emission control. As such, piston rings do maintain gas in tank, which helps in prevention from evaporation in the form of gasoline. Advancements are observed on both the fronts – material as well as technology, which is giving the end-users a better scope to choose.

Also, extensive research is being carried out regarding development of lightweight products to control emission. Persistence Market Research has mentioned about these facts along with figures through its report entitled “Piston Ring Market”.

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Dispersion of Piston Ring Market

Persistence Market Research has dispersed the Piston ring market by product as ductile iron, gray cast iron, and SAE9254 steel. Application-wise, it’s HCV, LCV, sports cars, motorcycles, scooters, luxury cars, mid-size cars, compact cars, and SUVs. By type of engine, it’s diesel engine and gasoline engine.

Sales channel-wise, it’s aftermarket and OEMs. The products where piston rings are used comprise cinderblocks, disc brake rotors, manhole covers, pump hostings, hydraulic components, linkages, automotive suspension components, stove parts, steering knuckles, and so on.

Gray cast iron is usually preferred, as it is capable of dampening vibrations, thereby rendering itself ideal for housing applications and machinery bases. Thermal cycling is also handled very well by gray cast iron.

Out of these, LCVs hold the largest market share and are expected to continue with the winning streak even in the years to come due to the convenience factor involved therein. Also, gasoline engine is preferred to diesel engine taking the environment-friendliness into consideration. Persistence Market Research has put forth these facts and also the insights pertaining to the same.

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Region-wise Analysis

The Asia-Pacific accounts for more than 55% of the market share due to tremendous penetration on the part of automobiles herein. Plus, activities pertaining to construction and industrialization are witnessing an upswing. EU’s automotive sector is also crucial for prosperity of the Europe. Close to 14 Mn people from the EU have their engagement in the automotive sector.

North America is steady over here and the status quo is expected to stay unchanged even going forward. Persistence market Research, through its report entitled “Piston Ring Market”, has given a detailed analysis geography-wise.

How about staying Competitive?

Persistence Market Research has profiled the key players in piston ring market as follows:

  • ASIMCO
  • Federal-Mogul LLC
  • MAHLE GmbH
  • NIPPON PISTON RING Co., Ltd.
  • Riken Corporation
  • IP Rings
  • Shriram Pistons & Rings Ltd.
  • TPR Co., Ltd.
  • Hunan ZhengYuanDongli Parts Co., Ltd.
  • SamKrg
  • Anhui Ring New Group Co., Ltd. (ARN)
  • Grover Corporation
  • Abilities India Piston & Rings Ltd.

Persistence Market Research has also not missed out on mentioning the latest developments in the piston ring market. For example – it has stated that Federal Mogul, in October 2018, got acquired by the player called Tenneco. Also, there is a new company named “Yizheng NPR ASIMCO Powder Metallurgical Manufacturing Co. Ltd.” out of a joint venture between Nippon and ASIMCO.

Piston ring market is slated to grow by leaps and bounds between 2021 and 2031 – Persistence Market Research

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Want to Know More?

Persistence Market Research, a research and consulting firm, has published a market research report on the motorcycle market that contains global industry analysis of 2016–2020 and opportunity assessment for 2021–2031. The report provides in-depth analysis of the market through different segments, namely, product, technology, and region.

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About Persistence Market Research – Automotive Division

The Automotive and Transportation division of Persistence Market Research provides exclusive coverage and actionable insights about automotive and transportation industry encompassing automotive, aviation, shipping and marine, and railway sector.

Market findings and competition intelligence of OEM, aftermarket, services and technology landscape have helped numerous industry stakeholders’ right from automakers, component manufacturers, channel partners and service providers in taking informed decisions and keeping them up-to-date with market behaviour.

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Rolling with Style: A Comprehensive Guide to the Automotive Wheel Market

By the conclusion of the forecast period, the worldwide automotive wheel market is expected to have generated additional revenue worth approximately US$ 23.127 Billion while growing at a CAGR of 4.0% from 2018 to 2026.

The automotive wheel market report has been segmented on the basis of five criteria, namely material type, vehicle type, sales channel, finish type, wheel size and region. Among the segments by vehicle type, the passenger car segment is expected to register healthy growth during the forecast period with companies focusing on developing integrated solutions for the automotive wheel market as per demand from various countries.

The report covers all the major trends and ongoing developments in the automotive wheel market, which have been studied thoroughly and validated with industry experts in order to make a relevant forecast. The automotive wheel market has been tracked by evaluating the sales of automotive vehicles of major geophysical companies. The automotive wheel market report covers a detailed analysis of major manufacturers. The market dynamics have also been covered in detail wherein the factors expected to drive growth in demand are studied and the major challenges faced by manufacturers and geophysical companies have also been covered.

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Factors Driving the Automotive Wheel Market

According to estimates, the global automotive aftermarket industry is anticipated to reach approximately US$ 68.6 Bn by 2020. Nowadays, consumers are keeping their vehicles for longer durations and are aware of the need to replace components to maximize the life value of a vehicle. The rising demand from aftermarket components will spur new growth opportunities for businesses operating in the aftermarket industry.

As the volume of the cars sold in emerging markets rises, the demand for automotive wheels will eventually increase. Various economic factors such as rapid urbanization, rising income and government investment support the growth of the automotive wheel market. At the same time, more and more people are expected to join the workforce as more women and youth enter the job market, which is in turn surging the demand for mobility. In the coming future, demographic and macroeconomic trends could shift to the purchase of news cars such as compact SUVs, sedans, and luxury vehicles, which will in turn drive the demand for automotive wheels.

Global Automotive Wheel Market Analysis by Finish Type

On the basis of finish type, the automotive wheel market has been segmented into painted & polished, machined alloy wheel, two toned alloy, chromed and anodized. The painted & polished segment holds the maximum share, as painted & polished is the standard finish type for most cars. Majority of alloy wheels are painted and this finish often starts with a sprayed primer to prep the metal.

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Global Automotive Wheel Market Analysis by Material Type

Among the segments by material type, the global automotive wheel market is anticipated to be dominated by the alloy segment. Customized color, size, powder-coating, texture, engraving and even rhinestones are a trending opportunity in the automotive wheel market (especially rim manufacturers). The increasing purchasing power of people is allowing customers to customize the wheels of their vehicles. Most of the companies are also collaborating with tire manufacturers to innovate their technologies. For instance, RIMEX is collaborating with leading tire manufacturers in testing and perfecting future wheel and rim designs for the next generation.

Global Automotive Wheel Market Analysis by Region

The automotive wheel market is driven by the continuous growth in vehicle production. The APEJ region is projected to be the market leader in the global automotive wheel market with China and India as major contributors towards the growth of the APEJ automotive wheel market. The North America region is expected register significant growth in the automotive wheel market on account of the increasing demand for LCVs in the region. The U.S. is expected to lead the market share in the North America automotive wheel market, owing to the presence of prominent manufacturers. In Western Europe, Germany is projected to be the leader in the automotive wheel market, owing to the high demand from the aftermarket segment.

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Key Players Dominating the Global Automotive Wheel Market

Examples of some of the key competitors covered in the automotive wheel market report include Arconic Inc., Dicastal North America, Inc., Maxion Wheels, Superior Industries International, Inc., Fuel Off-Road Wheels, Central Motor Wheel of America, Inc., Euromax Wheel, Marcellino Wheel, Enkei Corporation, Prime Wheel Corporation, Ronal Group, Borbet GmbH, Foshan Nanhai Zhongnan Aluminum Wheel Co. Ltd., BBS GmbH and Topy Industries Limited, among others.

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Navigating Seismic Exploration: The Seismic Vessels Market Explored

This report provides in depth study of “Seismic Vessels Market using SWOT analysis i.e. Strength, Weakness, Opportunities and Threat to the organization. The Seismic Vessels Market report also provides an in-depth survey of key players in the market which is based on the various objectives of an organization such as profiling, the product outline, the quantity of production, required raw material, and the financial health of the organization.

The oil & gas industry is one of the main economic drivers for both developed and developing economies. The rise in population and urbanization has led to a significant increase in the demand for energy and has been compelling Exploration & Production (E&P) companies to discover new oil & gas reserves. This quest for new reserves has propelled offshore exploration, which holds a major share of untapped oil & gas reserves in the world today.

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Seismic vessels play an important role in offshore exploration, due to their capability to pin-point the exact location for oil & gas drilling. Seismic vessels acquire subsea data in the form of 2D, 3D and 4D and provide detailed information on the location and behavior of oil & gas reserves.

The seismic vessels market has been tracked by evaluating the installed base of seismic vessels of major geophysical companies. The seismic vessels market report covers a detailed analysis of major manufacturers. The market dynamics have also been covered in detail wherein the factors expected to drive growth in demand are studied and the major challenges faced by manufacturers and geophysical companies have also been covered.

The ongoing developments and the major trends in the seismic vessels market have also been studied thoroughly and validated with industry experts in order to make a relevant forecast.

Factors Driving the Seismic Vessels Market

Increased energy demand is expected to directly impact the growth of the seismic vessels market. Growth in population and urbanization is expected to drive the global energy demand and in turn fuel the need to find new oil & gas reserves. Rise in oil prices is compelling E&P companies to invest more in exploration activities, which is expected to contribute towards the growth of the seismic vessels market.

Peak oil production in a large number of oil & gas fields worldwide has resulted in a decline of total oil production, driving the need to find new oil & gas reserves, which is driving the growth of the seismic vessels market.

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Global Seismic Vessels Market Analysis by Depth

On the basis of depth, the seismic vessels market has been segmented into shallow water and deep water. The deep water segment is expected to hold majority of the market share in the global seismic vessels market while the shallow water segment is project to hold a significant market share.

Global Seismic Vessels Market Analysis by Acquisition Type

Among the segments by acquisition type, the global seismic vessels market is anticipated to be dominated by 4C/4D segment. 4D seismic survey provides reservoir data in time dimension, enabling surveyors to learn historical reservoir data as well as predicting the future behavior of the reservoir. However, the 3D segment is also projected to hold a major share as it is one of the most widely used seismic survey types in the world.

Global Seismic Vessels Market Analysis by Region

The global seismic vessels market is driven by the continuous growth in the demand for energy. The EMEA region is projected to be the market leader in the global seismic vessels market, with Norway being one of the major contributors towards the growth of the EMEA seismic vessels market. The Americas region is expected register significant growth in the seismic vessels market, owing to the increasing offshore activities in the Gulf of Mexico and offshore Latin America. The U.S. is expected to lead the market share in the Americas seismic vessel market, owing to the increasing offshore E&P expenditure in the country. In the APAC region, China is projected to be the leader in the seismic vessels market, due to the large untapped potential in the South China Sea. Other APAC countries are also expected to witness significant growth in the seismic vessels market, given the increased activity in the offshore waters of Vietnam, India, Indonesia and Malaysia.

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Key Players Dominating the Global Seismic Vessels Market

Examples of some of the key competitors covered in the seismic vessels report include Drydocks World, Ulstein Group, Hijos de J.Barreras, ASL Maine Holdings Ltd, Singapore Technologies Engineering Ltd, Factorias Vulcano, Niestern Sander and Kleven Maritime AS, among others.

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Smooth Landings Ahead: The Latest Developments in the Truck Landing Gear Market

The study of market analysis of Truck Landing Gear Market focuses on the key elements and the market dynamics of a specific market within that industry. Truck Landing Gear Market study is an essential part of the industry analysis that focuses on the aspects associated with the SWOT analysis. The survey report analyses the elements, such as the strengths, weaknesses, opportunities, and threats of every individual manufacturing company.

The global Truck Landing Gear market is expected to reach US$ 364.3 Million by the end of the forecast period, registering a CAGR of 4.7% for the period between 2018 and 2026.

A pair of truck landing gears, as the name suggests, is fixed adjacent to front end for supporting trailer after decoupling from prime mover. Also, regulations regarding reduction in emission of carbon are driving the demand for truck landing gears. At the same time, factors like corrosion can’t be ruled out. Manual cranking could result in injuries to wrists, back, and shoulders. As such, truck landing gears could be looked upon as double-edged swords.

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How does the Truck Landing Gear Market Categorize itself?

The truck landing gear market, by operation, spans automatic and manual. According to lifting capacity, it’s more than 50,000 lbs, 20,000 to 50,000 lbs, and less than 20,000 lbs. Sales channel-wise, it’s aftermarket and OEMs.

Out of these, truck landing gears that carry lifting capacity between 20,000 lbs and 50,000 lbs holds the largest market share. It holds more than 55% of the market share. It’s interesting to note that the sustenance capacity of truck landing gears is between 50,000 lbs and 75,000 lbs load static condition. Coming to light duty trailers, less than 20,000 lbs lifting capacity is preferred.

Also, manual truck landing gear has been preferred over automatic truck landing gear since the last few years. However, in future, automatic truck landing gear would be preferred due to the accuracy offered therein. It is, in fact, expected to expand threefold in the forecast period. The companies like JOST Werke AG are heavily investing in automatic truck landing gears. Persistence Market Research has explained these nitty-gritties through its report entitled “Truck Landing Gear Market”.

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How about Analysis by Geography?

North America and Europe are already stabilized with respect to truck landing gear market. However, the Asia-Pacific is expected to grow at the fastest pace in the truck landing gear market in the forecast period due to prominent players expanding their base over here. Persistence Market Research has measured the latitude and longitude herein.

The Competent Competitive Landscape

Persistence Market Research has profiled truck landing gear market players as follows:

  • JOST Werke AG
  • SAF-HOLLAND SA
  • Guangdong Fuwa Engineering Group Co., Ltd.
  • Butler Products Corp.
  • BPW Bergische Achsen KG
  • York Transport Equipment (Asia) Pte Ltd.
  • AXN Heavy Duty, LLC
  • H.D. Trailers Pvt. Ltd.
  • Sinotruck Howo Sales Co., Ltd.
  • Zhenjiang Baohua Semi-Trailer Parts Co., Ltd.
  • Yangzhou Tongyi Machinery Co., Ltd.

Market Segment

Concentration
  • 0.1
  • 0.2
  • 0.4
  • 0.95
Application
  • Weight Management
  • Respiratory Disorders
  • Insomnia
  • Digestive Disorders
  • Others

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Key Questions Answered in This Report.

  • What will the Market growth rate in Future?
  • What are the key factors driving the global Market?
  • Who are the key manufacturers in Market space?
  • What are the opportunities and threats faced by the vendors in the global industry?
  • What are sales, revenue, and price analysis by regions of industry?

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Keeping Aerospace in Motion: A Comprehensive Look into the Aerospace Bearings Market

The estimated value of the aerospace bearing market is expected to expand at a CAGR of 7.2% and reach US$ 10.397 billion by the end of 2026. In addition to that, the Aerospace Bearing market is projected to create incremental $ opportunity worth US$ 4.4173 Billion during the forecast period.

Persistence Market Research has rolled out a new market research report titled “Aerospace Bearing Market: which examines the aerospace bearing market and offers critical insights for the next eight years. Based on the findings specified in the report, the market is expected to witness rising demand due to increasing aircraft fleet and air travel passenger count.

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Aerospace Bearing Market: Dynamics

Increasing consumer preference for air travel is aiding the growth of the aerospace bearing market. Various factors, such as the growth in the tourism industry, growth of international travel, competitive pricing of air travel by airline carriers, higher disposable income, drastic reduction in travelling time and increase in amenities provided during air travel, are largely contributing to increasing consumer preference for air travel. This has led to airline carriers deploying new aircrafts, which, in turn, is driving the growth of the aerospace bearing market.

Owing to economic and demographic growth of the Asia Pacific region, IATA expects Asia Pacific to be the fastest growing aerospace bearing market among all regions. Moreover, airline carriers are focusing on improving passenger comfort, which will lead to increased adoption of comfortable, highly customized and advanced cabin interior systems.

This will boost the growth of interior aerospace bearings and positively impact the global aerospace bearing market. Furthermore, the integration of more number of aerospace bearings in executive/business class seats for providing more comfort to aircraft passengers in long haul flights is another factor that will drive the growth of the aerospace bearing market.

Over the past decade, weight reduction and performance improvement have been the prime focus of the aerospace industry. However, these two attributes can only be achieved through the use of advanced materials which are costlier than the ones used generally.

These days, manufacturers are focusing on reducing manufacturing cost. These factors when combined with the existent intense competition present in the aerospace bearing market will create significant pressure on manufacturers to reduce their margins. This restricted pricing flexibility in the aerospace bearing market might act as a barrier for the new entrants in the market.

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Aerospace Bearing Market: Forecast

The global Aerospace Bearing market is estimated to grow and become 1.7X during the forecast period. It is estimated to grow in correlation with aircraft deliveries and fleet size throughout the forecast period.

By region, North America, followed by Europe and Asia Pacific, is projected to dominate the global aerospace bearing market over the forecast period. Moreover, APAC, followed by MEA region, is estimated to remain the most opportunistic region in the aerospace bearing market. In terms of value, APAC is projected to create incremental $ opportunity worth US$ 1.028 billion in the global Aerospace Bearing market during the forecast period.

The flight control systems segment is projected to account for 23.4% of the market value share in the global aerospace bearing market during the forecast period. In terms of growth, the Interior & Others segment is projected to grow with a modest growth rate during the latter half of the forecast period in the global aerospace bearing market.

Aerospace Bearing Market: Competitive Landscape

Some of the key players involved in the manufacturing of Aerospace Bearings and included in this study are JTEKT Corp, Schaeffler AG, NSK Ltd., NTN Bearing Corporation, AB SKF, Timken Company, MinebeaMitsumi Inc., Aurora Bearing, National Precision Bearing, GGB Bearings and BC Bearings, among others.

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Aerospace Bearing Market: Segmentation

Product Type
  • Roller Bearing
  • Ball Bearing
  • Plain Bearing
Application
  • Engine Management Systems
  • Flight Control Systems
  • Landing Gears
  • Interiors & Others
Aircraft Type
  • Narrow Body
  • Wide Body
  • Freighter
  • Regional Jet
Material Type
  • Stainless Steel
  • Alloys
  • Ceramics
  • Composites
Sales Channel
  • OEM
  • Aftermarket
Region
  • North America
  • Latin America
  • Europe
  • Asia Pacific
  • Middle East and Africa

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Tire Pressure at Your Fingertips: The Latest Trends and Opportunities in the TPMS Market

Stringent government regulations to equip TPMS in passenger vehicles, growing adoption of automotive safety systems and rising focus on improving fuel economy and reducing property damage as a result of accidents associated with low tire pressure are key factors expected to fuel demand for automotive TPMS over the forecast period (2016-2024).

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Direct TPMS is estimated to account for leading market revenue share of 99% by 2016 end. Global sales of direct TPMS is estimated to increase at a CAGR of 6.7% from 2016 to 2024. This high growth is due to expected implementation of legislations related to the TPMS in countries such as China, India, Japan, and Russia.

By vehicle type, passenger car segment is the largest segment in the global automotive TPMS market. This segment is estimated to account for 79% value share of the market by 2016 end. Growing demand for luxury cars is expected to continue to push demand for automotive TPMS in passenger car segment. Mandatory use of TPMS in passenger vehicles in the U.S., South Korea, and the European Union is further fueling the growth of the passenger cars segment in the global automotive TPMS market.

Aftermarket segment is projected to continue to account for a major market share in 2016. Direct TPMS requires replacement after a certain period of time and increasing vehicle parc is expected to drive sales through the aftermarket, especially in the U.S. and the European Union where the TPMS use mandatory for passenger vehicles.

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North America is estimated to remain the largest market for automotive TPMS, accounting for 47.3% revenue share of the market by 2016 end. Demand is expected to be robust in Europe, where adoption of TPMS mandating legislation would drive the growth of the market.

Sensata Technologies Inc., Continental AG, and Pacific Industrial Co., Ltd. are projected to continue to be the top three players in the global automotive TPMS market. Mergers & acquisitions remains a key business strategy for leading players in the global automotive TPMS market. Major players in the global TPMS market are also focusing on expanding their aftermarket businesses, as the aftermarket sales is a major revenue generation source for TPMS manufacturers.

PMR Long-term Outlook on Global TPMS Market: The global automotive TPMS market is expected to expand at a CAGR of 6.7% in terms of value during the forecast period. Presently, North America is the largest market for automotive TPMS, however, Asia-Pacific is expected to emerge as the largest market for automotive TPMS over the forecast period.

TPMS Market Global Industry Analysis 2013 – 2017 and Forecast 2018 – 2026

Type
  • Direct
  • Indirect
Vehicle Type
  • Passenger Car
  • Light Commercial Vehicle (LCV)
  • Heavy Commercial Vehicle (HCV)
Sales Channel
  • OEM (Original Equipment Manufacturer)
  • Aftermarket
Region
  • North America
  • Latin America
  • Europe
  • South East Asia & Pacific
  • China
  • Middle East & Africa (MEA)

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Persistence Market Research is a U.S.-based full-service market intelligence firm specializing in syndicated research, custom research, and consulting services. Persistence Market Research boasts market research expertise across the Healthcare, Chemicals and Materials, Technology and Media, Energy and Mining, Food and Beverages, Semiconductors and Electronics, Consumer Goods, and Shipping and Transportation industries. The company draws from its multi-disciplinary capabilities and high-pedigree team of analysts to share data that precisely corresponds to clients’ business needs.

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Connecting Your Car: The Latest Developments in the Automotive Telematics Market

The estimated size of the global automotive telematics market in 2018 was US$ 42.624 billion, and by the end of 2026, it is anticipated to grow at a CAGR of 8.4% to reach US$ 81.100 billion. In 2018, the APAC automotive telematics market is anticipated to be worth $12.199 billion, representing a 28.6% value share. This value is anticipated to reach US$ 25.921 billion by 2026, representing a 32.0% value share and a CAGR of 9.9%.

Persistence Market Research has rolled out a new market research report on “Automotive Telematics Market: Global Industry Analysis 2013 – 2017 and Forecast 2018 – 2026”, which examines the automotive telematics market and offers critical insights for the next eight years. Based on the findings specified in the report, the market is expected to witness an increase in the number of safety and security regulations for vehicles and increase in wireless technology for necessary vehicle operations such as door locking or unlocking, start or stop, tire pressure, wear and tear of vehicle components, location and others.

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Global and APAC Automotive Telematics Market Dynamics    

Increasing government initiatives towards vehicle safety and security are projected to boost up the APAC automotive telematics market. For instance, the Government of China made the installation of satellite positioning and telematics systems in commercial vehicles compulsory in 2016, the Government of India has allotted US$ 2.4 Bn for improving security networks in selected cities. Furthermore, increasing mobile phone penetration in telecom is also promising factor expected to enrich the APAC automotive telematics market during the forecast period. For example, smartphone penetration in Australia was 70 – 80% in 2016, and by 2020, smartphone penetration in China, South Korea and Japan is expected to be more than 50%. Moreover, increasing transportation and logistics activities are also projected to foster the APAC automotive telematics market. The transportation and logistics market in Asia Pacific is pegged to grow annually by 7.6% and reach US$ 4.09 Tn by 2018 end, which is translating to an increase in the sales of fleet management systems.

On the flip side, lack of awareness regarding wireless technology and heterogeneous language and culture are projected to hinder the growth of the APAC automotive telematics market. In Asia, multiple languages are used, very unlike the United States where English is the default language. Automotive telematics service providers need to integrate product/content localization as well as customized user interface design to accommodate the diversity in language and culture in Asia.

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Global and APAC Automotive Telematics Market Forecast

From a regional perspective, Europe is projected to dominate the global automotive telematics market. In 2018, the estimated value for Europe is US$ 14.555 billion, i.e. a 34.1% value share. By 2020, this value is projected to reach US$ 27.554 billion, i.e. a 34.0% value share. North America is projected to be the second largest market for automotive telematics, owing to the increasing penetration of telecom services such as car connecting technology during the forecast period. The APAC region is projected to grow with a remarkable growth rate in the global automotive telematics market, owing to the increasing production of passenger vehicles and commercial vehicles over the stipulated time period.

By vehicle type, the passenger segment is projected to dominate the automotive telematics market, owing to the increasing demand, coupled with government initiatives, particularly for vehicle safety and security. The passenger vehicle segment is projected to be valued at US$ 10,608 Mn and account for an 87.0% value share in the APAC automotive telematics market by 2018 end. By 2026, this value is projected to reach US$ 22.118 billion and account for an 85.3% value share.

By technology type, the embedded segment is projected to dominate the APAC automotive telematics market, owing to the increasing number of vehicle safety regulations in the region. The embedded segment is projected to be valued at US$ 9.392 billion and account for a 77.0% value share in the APAC automotive telematics market by 2018 end. By 2026, it is projected to reach US$ 20.800 billion, accounting for an 80.2% value share with a CAGR of 10.5% during the forecast period.

Among sales channel segments, the OEM segment is projected to dominate the APAC automotive telematics market, owing to the implication of government rules and norms for the installation of telematics devices in vehicles. The OEM segment is projected to be valued at US$ 9,309 Mn, accounting for a 76.3% value share of the APAC automotive telematics market by 2018 end. By 2026, this value is projected to reach US$ 20,573 Mn with a CAGR of 10.4%.

In the ASEAN automotive telematics market, Thailand is projected to account for a 47.8% value share, valued at US$ 205 Million in 2018. By 2026, this value is projected to reach US$ 753 Million, i.e. a 45.4% value share, with a CAGR of 17.7%.

Key Segments Covered

By Vehicle Type
  • Passenger
  • Commercial
By Technology Type
  • Embedded
  • Tethered
  • Smart Phone
By Sales Channel
  • OEM
  • Aftermarket
By End User
  • Infotainment
  • Diagnosis
  • Navigation
  • Safety & Security
  • Others
By Region/Country
  • APAC
    • China
    • Japan
    • South Korea
    • India
    • ASEAN
      • Indonesia
      • Malaysia
      • Thailand
      • Rest of ASEAN
    • Oceania

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Global and APAC Automotive Telematics Market: Competitive Landscape

Some of the key players involved in the manufacture of automotive telematics, which have been included in the study are Trimble Inc., Visteon Corporation, Airbiquity Inc., Aplicom Oy, Scorpion Automotive Ltd, iTriangle Infotech Pvt Ltd., Shenzhen Concox Information & Technology Co., Ltd., Minda Corporation Limited, idem telematics GmbH, Road Track, ACTIA Group, Lavinta Buana Sakti, Microlise Limited, BOX Telematics and Redtail Telematics Corporation.

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Powering Your Tires: The TPMS Battery Market Forecast and Analysis

Persistence Market Research digs deep into the global TPMS battery market and fetches key information through structured market research. The report reveals that the CR type battery will dominate the market and is estimated to hold more than an 80% market value share.

It is expected to grow with a CAGR (Value) of 8.4% by the end of the forecast period 2026. The present estimated value of the global TPMS Battery market is more than US$ 451.6 Million in 2018 and the market will expand with a CAGR of 8.2% to reach US$ 847.4 Million by the end of 2026.

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Global TPMS Battery Market Dynamics

The global TPMS battery market is estimated to be driven by the increasing production of vehicles across the globe. Healthy growth in the automotive industry will also be a prime factor supplementing market growth. Growing regulations that mandate the installation of TPMS in developed regions such as North America, Europe and China act as a catalyst in the overall growth of the TPMS battery market.

Moreover, the increasing adoption of automotive safety systems is the key factor driving the growth of the tire pressure monitoring systems (TPMS) market. This will further upsurge the demand for TPMS batteries over the forecast period. Product development is expected to remain the major focus area for leading players in the market.

On the other hand, one of the major challenges faced by TPMS battery manufacturers is that new TPMS sensors requires no batteries, which is anticipated to hamper the growth of the TPMS battery market over the forecast period. Moreover, TPMS sensors help in tracking vehicles, which is also expected to hinder the growth of the TPMS & TPMS battery market in the near future. Leading players in the market are observed to use research & development as a major part of their strategy to launch new and innovative products.

Global TPMS Battery Market Forecast

Market insights suggests that the overall width of the global TPMS battery market will expand within the forecast period. Several positive changes are expected to fuel the growth of the market. The market is relatively small and each portion has a crucial role to play.

By battery type, the CR type battery segment will play a pivotal role in building market revenue and is expected to occupy a major share of the market. The report hints that the lithium ion segment by type will account for a value share of 92.0% in the global TPMS battery market.

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Global TPMS Battery Market: Competitive Landscape

Some of the key market participants reported in this study of the global TPMS battery market include Murata Manufacturing Co., Ltd., Panasonic Corporation, Maxell, Ltd., Duracell Inc., The Swatch Group (Renata SA), BE-Power GmbH, EVE Energy Co., Ltd., Guangzhou Mai Sheng Energy Technology Co Ltd, Suzhou South Large Battery Co., Ltd. and Shenzhen Pkcell Battery Co., Ltd.

TPMS Battery Market Global Industry Analysis

Battery Type
  • CR Type Battery
    • CR 2032
    • CR 2430
    • CR 2320
  • BR Type Battery
Capacity
  • Up to 350 mA
  • Above 350 mA
Type
  • Lithium ion
  • Nickel Metal Hydride
Sales Channel
  • OES (Original Equipment Supplier)
  • IAM (Independent Aftermarket)
Distribution Channel
  • Offline Sales
  • Online Sales
Region
  • North America
  • Latin America
  • Europe
  • South East Asia & Pacific
  • China
  • Japan
  • Middle East & Africa (MEA)

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Going the Extra Mile: Uncovering the Latest Innovations in Two Wheeler Accessories Market

The global two wheeler accessories market is estimated to witness a healthy CAGR of 6.1% from 2018 to 2026. In 2017, the market was worth US$ 8.857 Billion and is projected to rise to a valuation of US$ 14.85 Billion by the end of 2026.

This report provides in depth study of “Two Wheeler Accessories Market using SWOT analysis i.e. Strength, Weakness, Opportunities and Threat to the organization. The Two Wheeler Accessories Market report also provides an in-depth survey of key players in the market which is based on the various objectives of an organization such as profiling, the product outline, the quantity of production, required raw material, and the financial health of the organization.

The global market for two wheeler accessories is gaining traction with the penetration of two wheelers rising extensively, especially in developing economies. Population explosion and traffic congestion are factors that are triggering the growth in demand for two wheelers across the globe. The growing spending power of the semi-urban population has shifted their preferences towards purchasing electronics and automobiles. This has proliferated the number of two wheelers in the rural and semi-urban areas both in developed and developing regions. In line with the growth of the global automotive accessories market, the global two wheeler accessories market is also expected to witness stable growth over the coming years.

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To gain a competitive edge in the market, automotive companies are focusing on the development of lightweight vehicles. The manufacturing of lightweight two wheeler accessories will help manufacturers adhere to prescribed global emission norms and increase the life of the vehicle at the same time. Growing concerns over environmental safety have also triggered the demand for electronic two wheelers, thereby impelling manufacturers to focus on innovation while manufacturing two wheeler accessories. OEMs are taking this opportunity to expand their customer base and reach out to different distributors. On the other hand, distributors are rethinking their strategies to uplift their market position keeping in mind the intensifying market competition.

Peak-hour traffic congestion is a problem that is faced by commuters on a daily basis. To avoid this, two wheelers are becoming the most preferred vehicle type, especially among the young population. This rise in the sales of two wheelers will have a positive impact on the two wheeler accessories market as well in the coming years. The global two wheeler accessories market is incessantly evolving with technological advancements paving the way for opportunities with every passing day. The demand for protective fittings and gears is very high owing to the increasing risks of accidents. Advanced protective gear, such as gear fabrics decrease the risk of exposure to bruises, cuts, heat, fire, cold, mechanical or ballistic hazards, and UV radiations. As a result of this, vendors are increasingly investing on the research and development of advanced fabrics that are capable of offering optimum protection.

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Market to Ramp Up Owing to the Incorporation of Additional Product Features

The introduction of advanced features in traditional scooters and motorcycles such as disc brakes, automatic headlamps, and charging ports among several others has ramped up the current market landscape and has also created immense growth prospects for vendors. Furthermore, strict regulations regarding the emission of toxic gases has impelled manufacturers to develop advanced two wheeler accessories capable of ensuring near zero emission levels. These add-on features also have a high replacement rate in the global market and are supplementing the growth of the global two wheeler accessories market.

Imposition of Taxes to Act as a Barrier in the Adoption of Two Wheeler Accessories

In certain regional markets, luxury taxes and VAT have increased considerably. For instance, the VAT in Colombia has increased from 16% to 19% and this has negatively impacted the scooter and motorcycle market, thereby inhibiting the growth of the global two wheeler accessories market.

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Revving Up Your Ride: A Comprehensive Look into the Cycling Power Meter Market

The analysis includes forecasted Cycling Power Meter Market revenue and growth rate, as per the researchers’ review. This Cycling Power Meter Market Review provides a summary of current market dynamics, barriers, drivers, and metrics as well as a perspective for important segments. Business growth in different industries, too, is anticipated. The nature of the research also demands comprehensive segmental analysis. The worldwide Cycling Power Meter Market also provides a regional overview spanning North America, Latin America, Asia-Pacific Europe, and the Middle East & Africa, with the sector’s detailed country-level measurements. The report also provides a thorough description of the business strategies used by the major players as well as new entrants.

Cycling Power Meter Market value of over US$ 500 Million by the end of 2026, growing at a CAGR of 4.1% during the forecast period 2018–2026.

The global cycling power meter market is projected to have a good future in the coming years, but is expected to grow at a sluggish rate. The slow growth is the result of slow awareness of bicycles with power meters in the market. People are adopting healthier lifestyles, which has turned out to be a major driver behind the growth of the cycling power meter market.

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The report forecasts the global bicycle accessories market to grow at a healthy rate over the forecast period owing to the significant increase in the global demand for bicycles, with sales expected to increase by almost 20%. Furthermore, sales are supported by stable demand in APAC and Europe and continued but slower growth in emerging markets, especially China. This has contributed to the growth in revenue of the cycling power meter market, which is expected to grow at a CAGR of 3.7% during the forecast period, reaching a market value of over US$ 780 Million by the end of 2026.

Shift Towards Eco-Friendly Lifestyle Primary Revenue Driver

Along with health consciousness, there is also a shift towards convenience. The traffic congestion in highly populated countries has become a serious issue, which makes people look for easier modes of transport. The pollution caused due to the emission from fuel-driven vehicles has increased to a never before high level in the recent past. Meanwhile, this has been capitalized as an opportunity for green solutions providers and manufacturers. Bicycle manufacturers and power meters providers can exploit these conditions as an opportunity to expand and increase their business. The eco-friendly mode of transport with bicycle as a medium has already gained popularity and is a prominent trend in European countries such as Denmark, The Netherlands, and London. The government is also moving in the same direction and has implemented stringent regulations on vehicle emissions.

These conditions have resulted in some new trends such as introduction of bicycles in the corporate sector. In regions like North America and Europe, offices and corporate sectors have been using bicycles and electric vehicles as modes of transport inside their campuses and it is mandatory that every employee should follow this in order to improve the air quality and decrease the pollution index inside the companies. These factors are boosting revenue growth of the global market for cycling power meters.

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What’s Trending the Global Market?

Wireless communication facilities is the new trend in the cycling power meter market. Deployment of advance satellite systems and improvements in networks is creating better wireless communication facilities in the cycling power meter market. This has significantly rendered the meters efficient and reduced the burden of wires and connection related infrastructure. The bicycle industry is also adopting the trend of wireless technologies resulting in more sophistication in cycle accessories. Many companies are offering simplified power meters with wireless sensors and controllers. These may demand higher component costs but significantly reduce the cost involved in wiring layups. This also includes integration of the Internet of Things, which facilitates terminals with intelligent operations of various components and systems that are interconnected. IoT offers the next level of automation by setting up interactive systems between different sensors and cycling systems and enables self-detection and switching off of the components.

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Redefining Your Ride: The Latest Trends in Exterior Car Accessories Market

According to the report by Persistence Market Research (PMR), the global market for exterior car accessories is likely to see a robust growth by 2024. The global market is also projected to bring in more than US$ 253 Billion revenue by the end of 2024.

Increase in the sales of cars globally and growing interest in the concept of vehicle customization are driving the global exterior car accessories market. However, the latest trend of car customization is likely to remain one of the key factors in the growing demand for exterior car accessories.

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Need for speed and performance is also pushing the market for car accessories that support high performance. The most cocmmon exterior car accessories include mud guard, car wrap, taillight, reflectors, window films, fog lamp covers, sun roof, license plate cover, LED lights, bugflectors, decals, and others. Car owners are also moving towards personalization trend to enhance the look and overall style of the car.

The biggest challenge in the global market for exterior car accessories is the availability of counterfeit products that are sold at relatively low cost. These products are designed in such a way that it becomes difficult to differentiate between original and counterfeit product.

However, regulatory bodies are introducing some guidelines that can help in differentiating between the counterfeit and original accessories for cars. Cost competitiveness is also likely to hamper the growth of the market in the near future. Meanwhile, the automotive industry is constantly coming up with innovative technologies such as smart lighting technology, active window display, biometric access, etc.

LED Lights to Gain Maximum Traction in the Global Market for Exterior Car Accessories

On the basis of product type, LED lights are likely to emerge as one of the most preferred exterior car accessory during 2017-2024. LED lights are estimated to surpass US$ 76,000 Million revenue. Meanwhile, body kits are also expected to witness substantial growth during the forecast period.

Based on the vehicle type, passenger cars are likely to emerge as the largest users of exterior car accessories during 2017-2024. Passenger cars are projected to be valued at more than US$ 191 Billion revenue towards the end of 2024.

By the distribution channel, sales of exterior car accessories are likely to be highest through aftermarket distribution channel. By the end of 2024, aftermarket distribution channel is estimated to surpass US$ 182 Billion revenue.

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Europe to Dominate the Global Exterior Car Accessories Market

Europe is likely to remain dominant in the global market for exterior car accessories during 2017-2024. Europe is anticipated to exceed US$ 102 Billion in terms of revenue. Countries in Europe such as Germany and U.K. are the major countries in the automotive industry. With increasing production and demand for cars in Europe, the market for exterior car accessories is also witnessing a growth. Meanwhile, increasing demand for car modification in North America is also likely to boost the global market for exterior car accessories in the region.

Leading Companies in the Global Exterior Car Accessories Market

Thule Group, Oakmore Pty Ltd., HELLA KGaA Hueck & Co., Covercraft Industries, LLC, CAR MATE MFG.CO., LTD., U.S. Auto Parts Network, Inc., O’Reilly Auto Parts, Star Automotive Accessories, Truck Covers USA LLC, Mont Blanc Industri AB, and Classic Soft Trim, are some of the companies in the global market for exterior car accessories.

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Global Aerospace Medicine Market: Trends, Analysis, and Forecast, 2021-2030

Aerospace medicine is a field of medicine that focuses on the health and well-being of individuals involved in aviation and space travel. It includes a range of medical specialties such as occupational medicine, cardiology, and neurology. With the increasing demand for air travel and space exploration, the global aerospace medicine market is expected to grow significantly in the coming years.

The market is driven by factors such as the increasing number of air travelers, the growing demand for commercial and military aircraft, and the need for medical support for space exploration.

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The aerospace medicine market is segmented based on application, end-user, and region. The application segment includes aviation medicine, space medicine, and others. The aviation medicine segment dominates the market, as it involves the medical certification of pilots and aircrew. The end-user segment includes military and civilian sectors. The military sector dominates the market due to the high demand for aerospace medicine in military aviation.

Geographically, North America dominates the aerospace medicine market, followed by Europe. The Asia-Pacific region is expected to witness significant growth during the forecast period due to the increasing demand for air travel and the growing aerospace industry in the region.

The major players in the aerospace medicine market include MedAire, Inc., Cobham plc, International SOS, Kinapse Ltd., and EMMES Corporation. These companies are focusing on developing innovative products and services to cater to the growing demand for aerospace medicine.

The aerospace medicine market faces several challenges such as the high cost of research and development, regulatory hurdles, and the shortage of skilled aerospace medical professionals. However, with the increasing demand for air travel and space exploration, the market is expected to grow significantly in the coming years.

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In conclusion, the global aerospace medicine market is expected to grow significantly in the coming years, driven by the increasing demand for air travel and space exploration. With the development of innovative products and services, the market is expected to witness significant growth in the future. The key players in the market should focus on addressing the challenges faced by the industry and invest in research and development to develop more effective and safe aerospace medical solutions.

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Global Acute Otitis Media Treatment Market: Analysis, Trends, and Forecast, 2021-2030| Pfizer, GlaxoSmithKline plc, Sanofi S.A., Novartis International AG, and Merck & Co

Acute otitis media is a common condition that affects people of all ages, particularly young children. It is an infection of the middle ear that causes inflammation and fluid buildup. Symptoms include ear pain, fever, and difficulty hearing. If left untreated, it can lead to complications such as hearing loss or a ruptured eardrum.

The global acute otitis media treatment market is expected to grow significantly over the next decade due to the increasing prevalence of the condition, advancements in treatment options, and growing healthcare infrastructure.

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Antibiotics are the most common form of treatment for acute otitis media, but there are concerns about overuse and antibiotic resistance. Therefore, there has been a shift towards non-antibiotic treatment options, such as pain management and watchful waiting. Some of the other treatment options for acute otitis media include ear drops, ear tubes, and surgery.

In terms of geography, North America dominates the global acute otitis media treatment market, followed by Europe. The Asia-Pacific region is expected to witness the highest growth during the forecast period, due to the increasing incidence of acute otitis media in the region.

The major players in the global acute otitis media treatment market include Pfizer, Inc., GlaxoSmithKline plc, Sanofi S.A., Novartis International AG, and Merck & Co., Inc. These companies are focusing on developing new and innovative treatment options to cater to the growing demand for acute otitis media treatment.

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In conclusion, the global acute otitis media treatment market is expected to grow significantly over the next decade, driven by factors such as increasing prevalence of the condition, advancements in treatment options, and growing healthcare infrastructure. With the shift towards non-antibiotic treatment options, there is a need for continued research and development to ensure that patients receive the most effective and safe treatments for acute otitis media.

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Innovative Features in Sleep Monitoring Apps Propel Market Expansion| Fitbit, Inc., ResMed, Inc., SleepScore Labs, Sleep Cycle AB

Sleep monitoring apps have become increasingly popular in recent years as people become more aware of the importance of getting enough quality sleep. These apps track sleep patterns, provide insights into sleep quality, and offer personalized recommendations to improve sleep. The global sleep monitoring apps market is expected to grow significantly in the coming years due to factors such as increasing prevalence of sleep disorders, rising adoption of wearable technology, and growing awareness about the importance of sleep.

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The market is driven by factors such as the increasing prevalence of sleep disorders, rising adoption of wearable technology, and growing demand for personalized healthcare.

The sleep monitoring apps market is segmented based on type, platform, and end-user. The type segment includes sleep trackers, smart alarms, and others. The platform segment includes Android, iOS, and others. The end-user segment includes hospitals & clinics, homecare settings, and others. The homecare settings segment dominates the market due to the high adoption of sleep monitoring apps by individuals.

Geographically, North America dominates the sleep monitoring apps market, followed by Europe. The Asia-Pacific region is expected to witness significant growth during the forecast period due to the increasing prevalence of sleep disorders in the region and growing adoption of wearable technology.

The major players in the sleep monitoring apps market include Fitbit, Inc., ResMed, Inc., SleepScore Labs, Sleep Cycle AB, and Sleep as Android. These companies are focusing on developing innovative features in their sleep monitoring apps to cater to the growing demand for personalized healthcare solutions.

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The sleep monitoring apps market faces several challenges such as privacy concerns and the lack of accuracy in sleep tracking. However, with the increasing prevalence of sleep disorders and the growing awareness about the importance of sleep, the market is expected to grow significantly in the coming years.

In conclusion, the global sleep monitoring apps market is expected to grow significantly in the coming years, driven by factors such as increasing prevalence of sleep disorders, rising adoption of wearable technology, and growing awareness about the importance of sleep. With the development of innovative features in sleep monitoring apps, the market is expected to witness significant growth in the future. The key players in the market should focus on addressing the challenges faced by the industry and invest in research and development to develop more accurate and effective sleep monitoring solutions.

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Frozen Fruits Market to Exhibit a US$ 47.2 Bn by 2031

The Frozen fruits market is expected to witness significant growth in the coming years due to the increasing popularity of frozen food products among consumers. According to a report by Persistence Market Research, the global frozen fruits market is projected to grow at a CAGR of 5.8% during the forecast period of 2021-2031.

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Frozen fruits are becoming a popular choice among consumers due to their convenience, longer shelf life, and availability of various types of fruits throughout the year. Frozen fruits are also less expensive compared to fresh fruits and are a good option for consumers who are looking for healthy and convenient food options. The demand for frozen fruits is also increasing due to the growing trend of healthy eating and the need for natural and nutritious food products. Frozen fruits are a good source of vitamins, minerals, and antioxidants, which are essential for maintaining good health.

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The report also highlights the increasing use of frozen fruits in the foodservice industry. Frozen fruits are widely used in the preparation of smoothies, juices, desserts, and other food products. The growing popularity of frozen fruits among consumers has led to an increase in demand for these products in the foodservice industry. However, the frozen fruits market is also facing challenges due to the availability of various substitutes such as canned fruits and dried fruits. Canned fruits are widely available and are relatively cheaper compared to frozen fruits. Dried fruits are also a popular choice among consumers as they are portable and have a longer shelf life.

The report also highlights the impact of the COVID-19 pandemic on the frozen fruits market. The pandemic has led to an increase in demand for frozen food products due to the closure of restaurants and foodservice establishments. Consumers are now opting for frozen food products as they are easy to store, cook, and consume.

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North America is the largest market for frozen fruits, followed by Europe and the Asia Pacific. The growing demand for healthy and convenient food products in these regions is expected to drive the growth of the frozen fruits market. In conclusion, the increasing popularity of frozen food products, the growing trend of healthy eating, and the need for natural and nutritious food products are expected to drive the growth of the frozen fruits market in the coming years. However, the market also faces challenges due to the availability of various substitutes.

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The Food & Beverage team at Persistence Market Research provides all the necessary insights and consulting analysis to fulfil the unique business intelligence needs of clients worldwide. With a catalogue of more than 500 reports pertaining to the latest statistics and analysis from the food & beverage industry, the team is happy to help with every business intelligence research and consulting requirement.

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Global Medical Wellness Market 2023 is estimated to surge ahead at a CAGR of 14.0% to reach US$ 5,524.3 Bn by the end of 2033 | PMR Study

The medical wellness market refers to the industry involved in providing wellness services that are focused on preventing and managing chronic medical conditions. Medical wellness programs and services typically involve a combination of health assessments, lifestyle coaching, nutritional counseling, stress management, and physical activity guidance. The market has seen significant growth in recent years due to the increasing prevalence of chronic diseases such as obesity, diabetes, and heart disease, as well as the growing interest in preventative healthcare. The medical wellness market is highly competitive, with several key players dominating the market. The global medical wellness market is expected to continue to grow in the coming years, driven by the increasing demand for preventative healthcare services, the rise in healthcare expenditure, and the growing adoption of telehealth and digital technologies. Additionally, the development of innovative medical wellness programs and the increasing focus on corporate wellness programs are expected to further drive market growth in the near future.

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As per Persistence Market Research’s latest industry analysis, the global medical wellness market was valued at over US$ 1 Tn in 2020, and is expected to exhibit a CAGR of 14.1% over the forecast period (2021-2031)

Wellness includes activities that improve health, quality of life, and level of human happiness. Nowadays, people are focusing on the preventive and proactive aspects of health, and the health economy is integrated into the industrial sector. Key areas of wellness include wellness tourism, fitness, complementary and alternative medicine, lifestyle wellness, spa and rejuvenation industry, workplace wellness, etc.

Service providers are focusing on introducing effective services that would meet consumer demand and give satisfactory outcomes.

For instance, in July 2020, Daybreak Health launched an online mental health therapy for teens amid the COVID-19 pandemic’s mental health crisis.

Key Takeaways from Medical Wellness Market Study

  • Personal care, beauty and anti-aging services are expected to rise at a CAGR of 12.1% over the forecast period (2021–2031).
  • Based on age group, the adults segment accounted for the highest share of 66.8% in 2021.
  • Among the applications, therapeutic wellness gained popularity accounting for 66.8% of market share and is expected to dominate throughout the forecast period at a growth rate of 12%.
  • Based on client, domestic clients gained the highest revenue share of 53.7% at a growth rate of 12%.
  • North America holds a major share in the global medical wellness market and a similar trend is expected to continue.

“Growing awareness regarding healthy lifestyle and inclination toward wellness technology are expected to boost demand for medical,” says an analyst of Persistence Market Research.

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Market Competition

To gain large revenue shares in the medical wellness market, leading service providers continue to rely upon acquisitions, collaboration, alliances, and service launches to provide access to safe services. Concerns of patients regarding safety are being taken care of. Many small as well as large companies, are investing in this niche market.

What Does the Report Cover?

Persistence Market Research offers a unique perspective and actionable insights on the global medical wellness market in its latest study, presenting a historical demand assessment of 2016 – 2020 and projections for 2021 – 2031. the research study is based on service type (personal care, beauty and anti-ageing, nutrition and weight loss, fitness and mind-body, preventative and personalized medicines, traditional and complementary medicines, medical spa, thermal/mineral springs and workplace wellness), age group (adult and geriatric), application (therapeutic wellness, rehabilitation, and occupational wellness), and client (international clients and domestic clients), across seven key regions of the world.

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Key Questions Answered in This Report.

  • What are the Roadblocks for Medical Wellness Market Suppliers?
  • What are the Key Opportunities for Medical Wellness Market Manufacturers?
  • How is Focus on Safety Influencing Medical Wellness Market Demand?
  • What is the Regulatory Impact on Global Sales of Medical Wellness Market?
  • Which Region Offers the Largest Opportunity for Sales of Medical Wellness Market?
  • Where Does the U.S. Stand in the Market for Medical Wellness Market?
  • What Is the Outlook for Medical Wellness Market Manufacturers in China?
  • Why is Germany a Lucrative Market for Medical Wellness Market Manufacturers?
  • Why Will Belgium Outpace Other European Markets for Medical Wellness Market?
  • Why is There High Demand for Tires in Medical Wellness Market?
  • Why are Sales of Medical Wellness Market Surging?

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Acne Treatment Market 2023 is expected to reach US$ 10.8 Bn by the end of 2031, with sales revenue expected to register 6% CAGR | PMR

The acne treatment market refers to the industry involved in the development, production, and distribution of medications and products used to treat acne. Acne is a common skin condition that can affect people of all ages and is caused by the overproduction of oil in the skin, clogged pores, and the presence of bacteria. The market for acne treatment has seen significant growth in recent years due to the increasing prevalence of acne, the growing awareness of the impact of acne on mental health, and advancements in technology. The acne treatment market is highly competitive, with several key players dominating the market. The global acne treatment market is expected to continue to grow in the coming years, driven by the increasing demand for effective acne treatment options, the rise in healthcare expenditure, and the growing adoption of topical and oral medications for acne treatment. Additionally, the development of novel acne treatments and the increasing prevalence of hormonal acne in adults are expected to further drive market growth in the near future.

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As per Persistence Market Research’s latest revised industry analysis, the global acne treatment market was valued at over US$ 5.8 Bn in 2020, and is expected to exhibit a CAGR of close to 6% over the forecast period (2021-2031)

In the United States, acne affects approximately 50 million people annually. Increasing rate of skin diseases is one of the major factors boosting market growth globally. Acne is most commonly observed among teenagers, but can also be observed in people across all age groups.

According to the American Academy of Dermatology Association, over 85% of the population between the ages 12 and 24 have suffered from minor acne at least once or twice, and this may continue into individuals in their ‘30s and ‘40s

Key Takeaways from Acne Treatment Market Study

  • By treatment, retinoid therapy to hold around 40% market value share, globally, primarily due to its effectiveness in controlling the spread of acne as compared to other products and reducing the formation of acne scars.
  • Based on route of administration, the topical route of administration is leading with over 60% of market share. Ease of application and greater availability of lotions, creams, and gels are positively driving demand for topical products.
  • Inflammatory acne is estimated to dominate the market by type. This segment accounted for approximately 53% share of the market. Significant scarring and pain associated with this type of acne is a key factor driving the segment.
  • Institutional sales dominate acne treatment with a market share of 52%. Growing number of dermatology clinics and rising preference toward office-based acne treatment procedures to achieve faster results have created a positive impact on the growth of the market.
  • By region, North America is set dominate the global acne treatment market with a value share of around 44%.
  • Europe is slated to be the second-largest leading region with a value share of 20% during the forecast period.

“Growing prevalence of acne, preference toward use of combination treatments, and new product launches & approvals are expected to drive market growth over the coming years,” says an analyst of Persistence Market Research.

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Market Competition

New product launches and approvals, agreements, collaborations, and partnerships have emerged as the key growth strategy adopted by industry players. By focusing on these strategies, key stakeholders are expanding their geographic footprints and strengthening their existing product portfolios.

In January 2021, Eligo Biosciences SA and GlaxoSmithKline PLC entered into a research collaboration to develop gene therapies to treat or prevent the growth of normal acne.

In February 2020, Almirall S.A. entered into a licensing agreement with Paratek Pharmaceuticals, Inc. to expand Almirall’s Seysara in the market in China.

What Does the Report Cover?

Persistence Market Research offers a unique perspective and actionable insights on the acne Treatment market in its latest study, presenting historical demand assessment of 2016 – 2020 and projections for 2021 – 2031.

The research study is based on the product (therapeutic treatment [antibiotics, retinoid therapy, hormonal drugs, anti-inflammatory drugs, and chemical peels] and devices [laser devices and radio frequency therapy]), route of administration (topical and oral), acne type (inflammatory and non-Inflammatory acne), distribution channel (institutional sales [hospitals and speciality clinics) and retail sales [retail pharmacies, drug stores, and online sales]), across seven key regions of the world.

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Key Questions Answered in This Report.

  • What are the Roadblocks for Acne Treatment Market Suppliers?
  • What are the Key Opportunities for Acne Treatment Market Manufacturers?
  • How is Focus on Safety Influencing Acne Treatment Market Demand?
  • What is the Regulatory Impact on Global Sales of Acne Treatment Market?
  • Which Region Offers the Largest Opportunity for Sales of Acne Treatment Market?
  • Where Does the U.S. Stand in the Market for Acne Treatment Market?
  • What Is the Outlook for Acne Treatment Market Manufacturers in China?
  • Why is Germany a Lucrative Market for Acne Treatment Market Manufacturers?
  • Why Will Belgium Outpace Other European Markets for Acne Treatment Market?
  • Why is There High Demand for Tires in Acne Treatment Market?
  • Why are Sales of Acne Treatment Market Surging?

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Persistence Market Research is a U.S.-based full-service market intelligence firm specializing in syndicated research, custom research, and consulting services. Persistence Market Research boasts market research expertise across the Healthcare, Chemicals and Materials, Technology and Media, Energy and Mining, Food and Beverages, Semiconductor and Electronics, Consumer Goods, and Shipping and Transportation industries. The company draws from its multi-disciplinary capabilities and high-pedigree team of analysts to share data that precisely corresponds to clients’ business needs.

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Global Peptic Ulcer Drugs Market 2023: Increasing NSAID Consumption Boding Well for Growth of the Market

The peptic ulcer drugs market refers to the industry involved in the development, production, and distribution of medications used to treat peptic ulcers. Peptic ulcers are open sores that develop on the lining of the stomach or small intestine, and can be caused by factors such as infection with Helicobacter pylori bacteria, long-term use of nonsteroidal anti-inflammatory drugs (NSAIDs), and smoking. The market for peptic ulcer drugs has seen significant growth in recent years due to the increasing prevalence of peptic ulcers, the growing aging population, and the rise in the adoption of unhealthy lifestyles. The peptic ulcer drugs market is highly competitive, with several key players dominating the market.

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Surge in the consumption of NSAIDs due to growing prevalence of inflammatory diseases is the major factor driving the growth of the global peptic ulcer drugs market. Other trends driving growth include increasing adoption of peptic ulcer drugs over surgery, changes in disease management, prevalence of stress ulcers due to higher smoking rates, availability of affordable therapy due to improvements in the service sector, and increasing awareness toward disease management through government campaigns. However, chronic side-effects associated with the long-term use of peptic ulcer drugs is a factor hampering the growth of the global peptic ulcer drugs market to some extent.

As per PMR analysis, the global peptic ulcer drugs market is set for steady growth over the next ten years, to be valued at US$ 47.7 Bn by 2030-end.

Key Takeaways from Peptic Ulcer Drugs Market Study

  • By product, the proton pump inhibitors segment was the largest revenue generating segment in the historical years. However, revenue from the potassium-competitive acid blockers segment is expected to expand rapidly, owing to the introduction of new P-CAB drugs in the market.
  • Based on indication, the gastric ulcers segment is anticipated to expand at the highest CAGR of 3% over the forecast period.
  • On the basis of distribution channel, the hospital pharmacies segment led the global peptic ulcer drugs market, and is expected to remain the leading segment ahead too. Increasing hospitalization rates due to ulcer complications are expected to be the primary factor fuelling revenue growth of the segment over the forecast period.
  • North America holds the largest share in the global peptic ulcer drugs market, followed by Europe and East Asia.
  • Due to the worldwide COVID-19 outbreak, physician and hospital visits for non-essential treatment have reduced considerably, putting breaks on the progress of the peptic ulcer drugs market space.

“Increasing NSAID consumption is the major boosting factor for the growth of the global peptic ulcer drugs market,” says a PMR analyst.

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Peptic Ulcer Drugs Market: Competition Analysis

Key players operating in the global peptic ulcer drugs market are Daewoong Pharmaceutical Co. Ltd., Takeda Pharmaceutical Company Limited, Pfizer Inc., Abbott Laboratories, AstraZeneca Plc., Cadila Healthcare Ltd., Boehringer Ingelheim GmbH, Eisai Co. Ltd., Yuhan Corporation, and GlaxoSmithKline Pharmaceuticals Ltd. These companies are primarily focusing on strategies such as co-promotions and co-marketing of their brands to penetrate the fastest-growing emerging markets across the world.

What Else is in the Report?

Persistence Market Research offers a unique perspective and actionable insights on the peptic ulcer drugs market in its latest study, presenting historical demand assessment of 2015–2019 and projections for 2020–2030. Research of this report has been done based segmentation into product, indication, and distribution channel, across seven key regions of the world.

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Key Questions Answered in This Report.

  • What are the Roadblocks for Peptic Ulcer Drugs Market Suppliers?
  • What are the Key Opportunities for Peptic Ulcer Drugs Market Manufacturers?
  • How is Focus on Safety Influencing Peptic Ulcer Drugs Market Demand?
  • What is the Regulatory Impact on Global Sales of Peptic Ulcer Drugs Market?
  • Which Region Offers the Largest Opportunity for Sales of Peptic Ulcer Drugs Market?
  • Where Does the U.S. Stand in the Market for Peptic Ulcer Drugs Market?
  • What Is the Outlook for Peptic Ulcer Drugs Market Manufacturers in China?
  • Why is Germany a Lucrative Market for Peptic Ulcer Drugs Market Manufacturers?
  • Why Will Belgium Outpace Other European Markets for Peptic Ulcer Drugs Market?
  • Why is There High Demand for Tires in Peptic Ulcer Drugs Market?
  • Why are Sales of Peptic Ulcer Drugs Market Surging?

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About Us

Persistence Market Research is a U.S.-based full-service market intelligence firm specializing in syndicated research, custom research, and consulting services. Persistence Market Research boasts market research expertise across the Healthcare, Chemicals and Materials, Technology and Media, Energy and Mining, Food and Beverages, Semiconductor and Electronics, Consumer Goods, and Shipping and Transportation industries. The company draws from its multi-disciplinary capabilities and high-pedigree team of analysts to share data that precisely corresponds to clients’ business needs.

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Global Advanced Wound Dressing Market 2023: Growing Incidence of Chronic Ulcers and Surgeries Fuelling Demand | PMR Study

The advanced wound dressing market refers to the industry involved in the development, production, and distribution of wound dressings used to promote the healing of complex wounds. Advanced wound dressings are used to treat chronic and acute wounds, such as diabetic ulcers, pressure ulcers, surgical wounds, and burns. They offer advantages over traditional wound dressings, including improved moisture management, reduced risk of infection, and enhanced wound healing. The market has seen significant growth in recent years due to the increasing prevalence of chronic wounds, the growing aging population, and advancements in technology. Additionally, the COVID-19 pandemic has further increased the demand for advanced wound dressings in the healthcare sector. The advanced wound dressing market is highly competitive, with several key players dominating the market. The global advanced wound dressing market is expected to continue to grow in the coming years, driven by the increasing demand for effective wound care products, the rise in healthcare expenditure, and the growing adoption of advanced wound dressings in emerging economies.

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Rising prevalence of chronic and surgical wounds across the world has led to a surge in the demand for advanced wound dressing procedures. Besides, the introduction of new advanced wound dressing products with better functionalities has also aided market growth. These is growing demand for advanced wound dressing products over traditional dressing products for the treatment of chronic wounds.

Increasing investments in new advanced wound dressing product development and growing efforts for their distribution by key stakeholders are major factors expected to surge the growth of the advanced wound dressing market. The global advanced wound dressing market is projected to exhibit a CAGR of 3.5% during the forecast period (2020–2030).

Key Takeaways from Advanced Wound Dressing Market Study

  • Based on product type, the foam dressing segment contributed the highest market share of around 27% to the global advanced wound dressing market in 2019, owing to their potential use in the treatment of chronic wounds.
  • Growing prevalence of chronic diseases around the globe and high adoption of the advanced wound dressing for their treatment are expected to result in a notable market share of the chronic ulcers segment in the advanced wound dressing market.
  • Institutional sales, including hospitals, clinics, ambulatory surgical centers, and long-term care centers, hold around three-fourth of value share in the advanced wound dressing market, due to their high service and increasing patient preference.
  • North America holds the highest revenue share of 43%, and is expected to be the most lucrative region in the global advanced wound dressing market during the forecast period.
  • Reluctant adoption and high cost of the products are factors expected to affect the growth of advance wound dressing, to a certain extent, across the globe.
  • The COVID-19 pandemic will have a mixed effect on the advanced wound dressing market. While non-essential hospital procedures have been put off, those requires advanced wound care dressing will remain in place, thereby aiding market growth to a certain degree.

“Increasing preference of advanced wound dressing products for the treatment of chronic ulcers by clinicians, and continuous focus on the development of advanced wound dressing products with new functionalities by manufacturers, are projected to propel the growth of the global advanced wound dressing market over the coming years,” says a PMR analyst.

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Launching New Products – Imperative Strategy for Market Players

Introduction of new innovative products as per patient needs is a major factor responsible for intense competition among market players in the global advanced wound dressing market. Several companies are focusing on launching versatile advanced wound dressing products to increase their product sales and expand their market share. For example, in February 2019, GEMCO Medical launched its GEMCORE360 brand of advanced wound dressing products, which includes foams, alginates, hydrocolloids, and thin-film dressings.

What Else is in the Report?

Persistence Market Research offers a unique perspective and actionable insights on the advanced wound dressing market in its latest study, presenting historical demand assessment of 2015–2019 and projections for 2020–2030, based on product type (hydrogels dressing, alginate dressings, semi-permeable film dressings, foam dressings, collagen dressings, hydrocolloid dressings, contact layers, super absorbent dressings, and hydrofibers), indication (chronic ulcers and non-healing surgical wounds), and distribution channel (institutional sales and retail sales), across seven key regions.

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Key Questions Answered in This Report.

  • What are the Roadblocks for Advanced Wound Dressing Market Suppliers?
  • What are the Key Opportunities for Advanced Wound Dressing Market Manufacturers?
  • How is Focus on Safety Influencing Advanced Wound Dressing Market Demand?
  • What is the Regulatory Impact on Global Sales of Advanced Wound Dressing Market?
  • Which Region Offers the Largest Opportunity for Sales of Advanced Wound Dressing Market?
  • Where Does the U.S. Stand in the Market for Advanced Wound Dressing Market?
  • What Is the Outlook for Advanced Wound Dressing Market Manufacturers in China?
  • Why is Germany a Lucrative Market for Advanced Wound Dressing Market Manufacturers?
  • Why Will Belgium Outpace Other European Markets for Advanced Wound Dressing Market?
  • Why is There High Demand for Tires in Advanced Wound Dressing Market?
  • Why are Sales of Advanced Wound Dressing Market Surging?

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Persistence Market Research is a U.S.-based full-service market intelligence firm specializing in syndicated research, custom research, and consulting services. Persistence Market Research boasts market research expertise across the Healthcare, Chemicals and Materials, Technology and Media, Energy and Mining, Food and Beverages, Semiconductor and Electronics, Consumer Goods, and Shipping and Transportation industries. The company draws from its multi-disciplinary capabilities and high-pedigree team of analysts to share data that precisely corresponds to clients’ business needs.

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Infectious Diseases Diagnostics Market 2023 is expected to reach US$ 1.5 Bn by the end of 2024 at a CAGR of 7.0% | PMR Study

The infectious diseases diagnostics market refers to the industry involved in the development, production, and distribution of diagnostic tests and systems used to detect infectious diseases. Infectious diseases diagnostics play a critical role in the early detection and treatment of infectious diseases, which are a major global health concern. The market has seen significant growth in recent years due to the increasing prevalence of infectious diseases, the growing aging population, and advancements in technology. Additionally, the COVID-19 pandemic has further increased the demand for infectious diseases diagnostics in the healthcare sector. The infectious diseases diagnostics market is highly competitive, with several key players dominating the market. The global infectious diseases diagnostics market is expected to continue to grow in the coming years, driven by the increasing need for accurate and rapid diagnostics, the rise in healthcare expenditure, and the growing awareness of the importance of early disease detection and prevention.

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According to the latest market report published by Persistence Market Research, titled “Global Market Study on Infectious Diseases Diagnostics: Increasing Demand for Evidence-Based Treatment to Boost Demand for Infectious Diagnostic Testing during Forecast Period”. The global market for infectious diseases diagnostics is estimated to reach US$ 876.6 Mn in 2016 from US$ 827.7 Mn in 2015 owing to increasing demand for diagnostic kits caused by rising incidence rate of infectious diseases.

The global infectious disease diagnostics market is expected to reach US$ 1503.8 Mn by 2024. Sexually Transmitted Diseases (STDs) segment is expected to continue to remain the largest segment by diseases indication accounting for US$ 282.4 Mn in terms of revenue in 2016, a Y – o – Y increase of 7.0% over 2015. The chlamydia diagnostics test kits are expected to gain upward momentum in 2016, growing at 8.9% in terms of revenue, the fastest among disease indication segment.

Companies

  • Becton Dickinson & Company
  • Cepheid, Inc.
  • Abbott Laboratories
  • bioMerieux SA
  • Hologic, Inc.
  • Danaher Corporation
  • Thermo Fisher Scientific, Inc.
  • Roche Diagnostics
  • Alera Inc.
  • DiaSorin S.p.A.
  • Quidel Corporation
  • Bio-Rad Laboratories, Inc.
  • Other

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Cell cultures segment is expected to register highest CAGR in terms of revenue, by test type accounting for US$ 311.4 Mn in terms of revenue in 2016. The affordability of cell culture kits and large applications in diagnosis of several infectious diseases is gaining traction. Consumption demand for cell culture test kits will witness a growth rate of 7.2 % in 2016 over 2015.

Diagnostic centers end user segment is expected to register highest CAGR in terms of revenue, accounting for US$ 392.8 Mn in terms of revenue in 2016. The increasing number of diagnostics centers, worldwide and a large number of patient pool depending on diagnostics centers for diagnosis of infectious diseases is expected to increase demand for diagnostics tests among diagnostics centers. The diagnostics centers end user segment will witness a growth rate of 7.4 % in 2016 over 2015.

Becton, Dickinson and Company, Cepheid, Inc. Abbott Laboratories, bioMérieux SA, Hologic, Inc., Danaher Corporation, Thermo Fisher Scientific Inc., Roche Diagnostics, Alere Inc., DiaSorin S.p.A., Quidel Corporation, and Bio-Rad Laboratories, Inc. are key players in the market. Top players are focusing on developing new products and improving sensitivity and specificity of the test kits. Collaborations and joint ventures among manufacturers and local governments are key business strategies being adopted to increase market share.

Regional Analysis

Based on the regional analysis, the global infectious disease diagnostics market is segmented into five key regions, North America (the U.S. and Canada), Latin America (Brazil, Mexico, and rest of Latin America), Europe (France, Germany, Italy, Spain, the U.K., Russia, and rest of Europe), Asia Pacific (China, India, Japan, Australia, New Zealand, ASEAN, and rest of APAC), and Middle East & Africa (GCC countries, South Africa, and rest of MEA). APAC and MEA are foreseen to remain the major markets throughout the forecast period.

The APAC market is estimated to account for over 26% share of the total market revenues in 2016, and expand at a CAGR of 7.6% over the forecast period. While governments of various countries in Asia Pacific are increasingly registering higher demand for infectious diseases diagnostic kits resulting in the largest market in this region, the MEA market will also witness a significantly growing market owing to growing governmental initiatives.

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Key Questions Answered in This Report.

  • What are the Roadblocks for Infectious Diseases Diagnostics Market Suppliers?
  • What are the Key Opportunities for Infectious Diseases Diagnostics Market Manufacturers?
  • How is Focus on Safety Influencing Infectious Diseases Diagnostics Market Demand?
  • What is the Regulatory Impact on Global Sales of Infectious Diseases Diagnostics Market?
  • Which Region Offers the Largest Opportunity for Sales of Infectious Diseases Diagnostics Market?
  • Where Does the U.S. Stand in the Market for Infectious Diseases Diagnostics Market?
  • What Is the Outlook for Infectious Diseases Diagnostics Market Manufacturers in China?
  • Why is Germany a Lucrative Market for Infectious Diseases Diagnostics Market Manufacturers?
  • Why Will Belgium Outpace Other European Markets for Infectious Diseases Diagnostics Market?
  • Why is There High Demand for Tires in Infectious Diseases Diagnostics Market?
  • Why are Sales of Infectious Diseases Diagnostics Market Surging?

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About Us

Persistence Market Research is a U.S.-based full-service market intelligence firm specializing in syndicated research, custom research, and consulting services. Persistence Market Research boasts market research expertise across the Healthcare, Chemicals and Materials, Technology and Media, Energy and Mining, Food and Beverages, Semiconductor and Electronics, Consumer Goods, and Shipping and Transportation industries. The company draws from its multi-disciplinary capabilities and high-pedigree team of analysts to share data that precisely corresponds to clients’ business needs.

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Membrane Filtration Market is estimated to surge ahead at a revenue CAGR of 7.1% to reach US$ 42.9 Bn by the end of 2032 | LG Chem, Pall Corporation, Koch Membrane Systems Inc.

The membrane filtration market refers to the industry involved in the development, production, and distribution of membrane filters used in various applications such as water and wastewater treatment, food and beverage processing, pharmaceuticals, and biotechnology. Membrane filtration is a technology that uses semi-permeable membranes to separate and purify substances from liquids or gases. The market has seen significant growth in recent years due to the increasing demand for clean water, the rising demand for processed food and beverages, and the growth of the biopharmaceutical industry. The membrane filtration market is highly competitive, with several key players dominating the market. The global membrane filtration market is expected to continue to grow in the coming years, driven by the increasing need for water purification and the growing demand for membrane filtration in various industrial applications. Additionally, the COVID-19 pandemic has further increased the demand for membrane filtration in the healthcare sector.

Worldwide revenue from the membrane filtration market was US$ 20.3 Bn in 2021, with the global market estimated to surge ahead at a value CAGR of 7.1% to reach US$ 42.9 Bn by the end of 2032.

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The market is driven by factors such as the increasing demand for clean water, the growing use of membrane filtration in the food and beverage, pharmaceutical, and water treatment industries, and the increasing adoption of advanced membrane filtration technologies.

The membrane filtration market can be segmented into product types, applications, and regions. Based on product types, the market can be segmented into microfiltration, ultrafiltration, nanofiltration, and reverse osmosis. Microfiltration is expected to dominate the market due to its wide range of applications and increasing adoption in the food and beverage industry.

Companies

  • LG Chem.
  • Pall Corporation
  • Koch Membrane Systems Inc.
  • Merck KgaA
  • SUEZ (Degremont)
  • The Dow Chemical Company (DuPont Water Solutions)
  • GEA Group Aktiengesellschaft
  • Evoqua Water Technologies LLC

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Based on applications, the market can be segmented into food and beverage, pharmaceutical, water treatment, and others. Water treatment is expected to dominate the market due to the increasing demand for clean water and the growing use of membrane filtration in water treatment plants.

Geographically, the membrane filtration market can be segmented into North America, Europe, Asia Pacific, and Rest of the World. North America is expected to dominate the market due to the presence of major players

Membrane Filtration Market Size (2022) US$ 20.3 Bn
Estimated Market Value (2022) US$ 21.6 Bn
Projected Market Value (2032) US$ 42.9 Bn
Global Market Growth Rate (2022-2032) 7.1% CAGR
Market Share of Top 6 Countries 48.9%

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Key Segments Covered in Membrane Filtration Industry Research

Membrane Filtration Market by Filter Type:

  • Ultrafiltration
  • Microfiltration
  • Nanofiltration
  • Chromatography
  • Reverse Osmosis

Membrane Filtration Market by End User:

  • Wastewater Treatment
  • Healthcare
  • Food & Beverage
  • Others

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Animal Drug Compounding Market will surge to a market Revenue of US$ 4.03 Bn by the end of 2031 at a CAGR of 8.2% | PMR Study

The animal drug compounding market refers to the industry involved in the development, production, and distribution of custom-made medications for animals. Animal drug compounding involves the preparation of personalized medication for animals that are not readily available in the market or are not suitable for certain animals due to their size, weight, or other factors. The market has seen significant growth in recent years due to the increasing demand for personalized medications for pets and livestock animals, the growing pet ownership population, and the rising awareness of the benefits of animal drug compounding. The animal drug compounding market is highly regulated to ensure the safety and efficacy of compounded medications. The global animal drug compounding market is expected to continue to grow in the coming years, driven by the increasing demand for customized medications for animals, the growing focus on animal health and welfare, and the rise in the adoption of pets and livestock animals.

The global animal drug compounding market was valued at US$ 1.84 Bn in 2021, with a projected CAGR of 8.2% for the next nine years. Detailed industry analysis reveals that revenue from animal drug compounding will surge to a market valuation of US$ 4.03 Bn by the end of 2031.

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The market is driven by factors such as the increasing demand for customized medications for pets, growing awareness of animal health, and the increasing adoption of animal drug compounding in veterinary hospitals and clinics.

The animal drug compounding market can be segmented into product types, applications, and regions. Based on product types, the market can be segmented into oral, topical, and injectable. Oral is expected to dominate the market due to its wide range of applications and increasing adoption in the treatment of various animal diseases.

Based on applications, the market can be segmented into small animals, large animals, and others. Small animals are expected to dominate the market due to the growing pet population and the increasing demand for customized medications for pets.

Companies

  • Hoye’s Pharmacy
  • Vertisis Custom Pharmacy
  • Smith Caldwell Drug Store
  • Sixth Avenue Medical Pharmacy
  • Dougherty’s Pharmacy
  • Triangle Compounding Pharmacy Inc.
  • Medisca Inc.
  • Wedgewood Pharmacy
  • Millers Pharmacy
  • Chiron Compounding Pharmacy
  • MEDS Canadian Compounding Pharmacy

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Geographically, the animal drug compounding market can be segmented into North America, Europe, Asia Pacific, and Rest of the World. North America is expected to dominate the market due to the presence of major players and the increasing demand for customized medications for pets. Europe is also expected to grow at a significant rate due to the increasing awareness of animal health and the growing adoption of animal drug compounding in veterinary hospitals and clinics.

The key players operating in the animal drug compounding market include Wedgewood Pharmacy, Lloyd Inc., Medisca, and Wedgewood Pet RX among others. These players are focusing on strategies such as product launches, collaborations, and partnerships to increase their market share.

In conclusion, the increasing demand for customized medications for pets, growing awareness of animal health, and the increasing adoption of animal drug compounding in veterinary hospitals and clinics are driving the growth of the animal drug compounding market. The market is expected to grow at a significant rate during the forecast period, with North America and Europe expected to be the major markets.

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Key Segments Covered in Animal Drug Compounding Industry Survey

Animal Drug Compounding Market by Product:

  • CNS Agents
  • Anti-Infective Agents
  • Hormones and Substitutes
  • Anti-inflammatory Agents
  • Others

Animal Drug Compounding Market by Animal Type:

  • Companion Animals
  • Livestock Animals

Animal Drug Compounding Market by Formulation:

  • Injectable Animal Drugs
  • Oral Animal Drugs
  • Others

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Global Hematology Analyzers Market 2023: High Focus on Innovation in Devices to Aid Market Expansion

The hematology analyzers market refers to the industry involved in the development, production, and distribution of medical devices used to analyze blood cells and detect blood-related disorders. Hematology analyzers are used in clinical laboratories to perform complete blood counts, differential counts, and other blood tests. The market has seen significant growth in recent years due to the increasing prevalence of blood disorders, the growing aging population, and advancements in technology. Additionally, the COVID-19 pandemic has further increased the demand for hematology analyzers in the healthcare sector. The hematology analyzers market is highly competitive, with several key players dominating the market. The global hematology analyzers market is expected to continue to grow in the coming years, driven by the increasing demand for rapid and accurate blood testing, the growing adoption of point-of-care testing, and the rising need for early diagnosis and treatment of blood-related disorders.

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The market is driven by factors such as the increasing prevalence of blood disorders, growing aging population, and the increasing adoption of automation in laboratory processes.

The hematology analyzers market can be segmented into product types, applications, and regions. Based on product types, the market can be segmented into automated hematology analyzers, semi-automated hematology analyzers, and manual hematology analyzers. Automated hematology analyzers are expected to dominate the market due to their high accuracy, precision and speed.

Based on applications, the market can be segmented into hospitals and diagnostic centers, research laboratories, and others. Hospitals and diagnostic centers are expected to dominate the market due to the increasing use of hematology analyzers in the diagnosis and treatment of blood disorders.

Companies

  • SYSMEX CORPORATION
  • Abbott Laboratories
  • Beckman Coulter Inc
  • Siemens AG
  • Boule Diagnostics AB.
  • Nihon Kohden Corporation
  • Mindray
  • HORIBA, Ltd.
  • Diatron
  • Cellavision
  • Edan Instruments, Inc.

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Geographically, the hematology analyzers market can be segmented into North America, Europe, Asia Pacific, and Rest of the World. North America is expected to dominate the market due to the presence of major players and the increasing adoption of hematology analyzers in the diagnosis and treatment of blood disorders. Asia Pacific is also expected to grow at a significant rate due to the increasing adoption of automation in laboratory processes and the growing aging population.

The key players operating in the hematology analyzers market include Beckman Coulter, Inc., Sysmex Corporation, Abbott, Roche Diagnostics, and Siemens Healthineers among others. These players are focusing on strategies such as product launches, collaborations, and partnerships to increase their market share.

In conclusion, the increasing prevalence of blood disorders, growing aging population, and the increasing adoption of automation in laboratory processes are driving the growth of the hematology analyzers market. The market is expected to grow at a significant rate during the forecast period, with North America and Asia Pacific expected to be the major markets.

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 Table of Content –

  1. Executive Summary

1.1. Global Market Outlook

1.2. Analysis and Recommendations

  1. Market Overview

2.1. Market Coverage / Taxonomy

2.2. Market Definition / Scope / Limitations

2.3. Inclusion and Exclusions

  1. Key Market Trends

3.1. Key Trends Impacting the Market

3.2. Product type Innovation / Development Trends

  1. Key Success Factors

4.1. Hematology Analyzers Adoption Rate/Usage Analysis- Key Statistics

4.2. Key Promotional Strategies, By Key Manufacturers

4.3. Key Regulations, By Region

4.4. Installed Base Scenario, by Region

  1. Market Background

5.1. Macro-Economic Factors

5.1.1. Global GDP Growth Outlook

5.1.1. Global Healthcare Industry Market Outlook

5.1.2. Income Per Capita Outlook

5.2. Forecast Factors – Relevance & Impact

5.2.1. Rising Incidence of blood disorders & diseases.

5.2.2. Awareness Regarding Testing Methods

5.2.3. Cost of Devices

5.2.4. Adoption of Automated Hematology Instruments

5.2.5. Regulatory Landscape

5.3. Market Dynamics

5.3.1. Drivers

5.3.2. Restraints

5.3.3. Opportunity Analysis

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Lentiviral Vectors Market will surge to a Market Revenue of US$ 411.2 Mn by the end of 2032 at a CAGR of 11.4% | PMR Study

The lentiviral vectors market refers to the biotechnology industry that develops, produces, and distributes lentiviral vectors for use in gene therapy, cell therapy, and vaccine development. Lentiviral vectors are a type of gene delivery system that is derived from the human immunodeficiency virus (HIV). They are modified to be non-pathogenic and to efficiently deliver therapeutic genes into target cells, making them a valuable tool in the development of novel gene therapies. The market has seen significant growth in recent years due to the increasing demand for gene therapies, advancements in gene editing technology, and rising investments in research and development. The lentiviral vectors market is highly competitive, with several key players dominating the market. The global lentiviral vectors market is expected to continue to grow in the coming years, driven by the increasing prevalence of genetic disorders, the growing aging population, and the rising demand for personalized medicine.

The global lentiviral vectors market was valued at US$ 127.6 Mn in 2021, with a projected CAGR of 11.4% for the next ten years, which indicates highly positive market growth. Detailed industry analysis reveals that revenue from sales of lentiviral vectors will surge to a market valuation of US$ 411.2 Mn by the end of 2032.

Lentiviral Vectors Market Size (2021) US$ 127.6 Mn
Projected Market Value (2032) US$ 411.2 Mn
Global Market Growth Rate (2022-2032) 11.4% CAGR
Market Share of Top 5 Countries 54.0%

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The market is driven by factors such as the increasing prevalence of genetic disorders, growing adoption of gene therapy, and the increasing research and development activities in the field of gene therapy.

The lentiviral vectors market can be segmented into product types, applications, and regions. Based on product types, the market can be segmented into reagents, instruments, and services. Reagents are expected to dominate the market due to their wide range of applications and increasing adoption in the treatment of genetic disorders.

Based on applications, the market can be segmented into genetic disorders, cancer, and others. Genetic disorders are expected to dominate the market due to the increasing prevalence of genetic disorders and the growing adoption of gene therapy for its treatment.

Companies

  • Thermo Fisher Scientific
  • PerkinElimer Inc.
  • GENEMEDI
  • Takara Bio Inc.
  • Sino Biological Inc.
  • OriGene Technologies, Inc.
  • Charles River Laboratories
  • Cell Biolabs, Inc.
  • Applied Biological Materials Inc.

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Geographically, the lentiviral vectors market can be segmented into North America, Europe, Asia Pacific, and Rest of the World. North America is expected to dominate the market due to the presence of major players and the increasing adoption of gene therapy in the treatment of genetic disorders. Europe is also expected to grow at a significant rate due to the increasing research and development activities in the field of gene therapy and the growing adoption of gene therapy.

The key players operating in the lentiviral vectors market include Novartis AG, Bluebird bio, Inc., Spark Therapeutics, Inc., UniQure NV, and CELGENE CORPORATION among others. These players are focusing on strategies such as product launches, collaborations, and partnerships to increase their market share.

In conclusion, the increasing prevalence of genetic disorders, growing adoption of gene therapy, and the increasing research and development activities in the field of gene therapy are driving the growth of the lentiviral vectors market. The market is expected to grow at a significant rate during the forecast period, with North America and Europe expected to be the major markets.

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Key Segments Covered in Lentiviral Vectors Industry Survey

Lentiviral Vectors Market by Product:

  • Lentiviral Vector Kits
    • Lentiviral Packing Systems
    • Lentiviral Expression Systems
    • Lentiviral Promoter Kits
    • Lentiviral Fusion Tags
  • Reagents & Consumables

Lentiviral Vectors Market by Indication:

  • Cancer
  • Genetic Disorders
  • Infectious Diseases
  • Veterinary Diseases
  • Others

Lentiviral Vectors Market by End User:

  • Biotechnology Companies
  • Pharmaceutical Companies
  • Contract Research Organizations (CROs)
  • Academic and Research Institutes

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Global Neuropathic Pain Market 2023 Management: Rise in Number of Pain Management Centers and Availability of Approved Drugs Shaping the Future

The neuropathic pain market refers to the pharmaceutical industry involved in the development, manufacturing, and distribution of drugs used to manage neuropathic pain, which is caused by nerve damage or dysfunction. Neuropathic pain is a chronic condition that can be caused by a variety of underlying diseases, including diabetes, multiple sclerosis, and spinal cord injury. The market for neuropathic pain drugs has seen significant growth in recent years due to the increasing prevalence of neuropathic pain, a growing aging population, and advances in research and development of new drugs. The market is highly competitive, with several key players developing and commercializing drugs for the treatment of neuropathic pain. The global neuropathic pain market is expected to continue to grow, driven by the increasing prevalence of chronic pain conditions and the rising demand for effective pain management solutions.

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The market is driven by factors such as the increasing prevalence of neuropathic pain, the growing adoption of new therapies, and the increasing focus on the development of novel drugs.

The neuropathic pain market can be segmented into product types, applications, and regions. Based on product types, the market can be segmented into small molecule drugs, biologics, and others. Small molecule drugs are expected to dominate the market due to their wide range of applications and increasing adoption in the treatment of neuropathic pain.

Based on applications, the market can be segmented into diabetic neuropathy, postherpetic neuralgia, cancer-induced neuropathic pain, and others. Diabetic neuropathy is expected to dominate the market due to its high prevalence and the increasing adoption of new therapies for its treatment.

Companies

  • Hospira Inc
  • CareFusion Corporation
  • Baxter International Inc.
  • Medtronic Inc
  • Smiths Medical
  • Fresenius Kabi AG
  • Braun Melsungen AG
  • Terumo Corporation
  • Nipro Corporation
  • Codman & Shurtleff Inc.

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Geographically, the neuropathic pain market can be segmented into North America, Europe, Asia Pacific, and Rest of the World. North America is expected to dominate the market due to the presence of major players and the increasing adoption of new therapies in the treatment of neuropathic pain. Asia Pacific is also expected to grow at a significant rate due to the increasing prevalence of neuropathic pain and the growing focus on the development of novel drugs.

The key players operating in the neuropathic pain market include Pfizer Inc, GlaxoSmithKline plc, Johnson & Johnson, AstraZeneca, and Novartis AG. These players are focusing on strategies such as product launches, collaborations, and partnerships to increase their market share.

In conclusion, the increasing prevalence of neuropathic pain, the growing adoption of new therapies, and the increasing focus on the development of novel drugs are driving the growth of the neuropathic pain market. The market is expected to grow at a significant rate during the forecast period, with North America and Asia Pacific expected to be the major markets.

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Key Segments of Neuropathic Pain Management Market

Drug Class
  • Tricyclic Anti-Depressants
  • Anticonvulsants
  • SNRI’s
  • Capsaicin Cream
  • Local Anaesthesia
  • Opioids
  • Steroids
  • Others
Indication
  • Diabetic Neuropathy
  • Trigeminal Neuralgia
  • Post-Herpetic Neuralgia
  • Chemotherapy-Induced Peripheral Neuropathy
  • Others
Distribution Channel
  • Retail Pharmacies
  • Hospital Pharmacies
  • Online Pharmacies

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Global Infusion Pumps Market 2023 to Register a Robust Growth Rate During the Forecast Period | PMR Study

The infusion pumps market refers to the industry involved in the development, production, and distribution of medical devices used to deliver fluids, medication, and nutrients to patients in a controlled manner. Infusion pumps are widely used in hospitals, clinics, and home care settings to administer various therapies, including chemotherapy, pain management, and insulin therapy. The market has seen significant growth in recent years, driven by the increasing prevalence of chronic diseases, rising demand for home healthcare, and advancements in technology. Additionally, the COVID-19 pandemic has further increased the demand for infusion pumps in the healthcare sector. The infusion pumps market is expected to continue to grow in the coming years, driven by the aging population, the increasing prevalence of chronic diseases, and the growing demand for advanced healthcare devices and technologies.

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Infusion pumps are used in the treatment of chronic disorders for delivering medication like chemotherapy, diabetic. Infusion pimps plays a major role for delivering accurate medication in this disorders.

From the past few years the prevalence rate of chronic disorders are increasing, the rapid growth of technology in health care also leads to give good awareness about health. Because of this the use of infusion pumps will increase. Advantages like technology, safety features and shapes & sizes of the devices also boost up the market growth.

Companies

  • Hospira Inc
  • CareFusion Corporation
  • Baxter International Inc.
  • Medtronic Inc
  • Smiths Medical
  • Fresenius Kabi AG
  • Braun Melsungen AG
  • Terumo Corporation
  • Nipro Corporation
  • Codman & Shurtleff Inc.

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Although infusion pumps having  some adverse events may be the result of user error, many of the reported events are related to deficiencies in device design and software, which can either create problems themselves or contribute to user error.

Treatment of Chronic disorders like diabetes, chemotherapy and pain management/Analgesia needs this infusion pumps. This treatments needs accurate and conditional delivery of medication. So the market of infusion pumps in this application is very high.

Rapid increasing of chronic disorders and technologies and increasing awareness of health leads to increase the use of infusion pumps, and the global infusion pumps market is expected to have a double digit growth in the forecast period (2015-2025).

Based on geographic regions, globally infusion pump devices market is segmented into seven key regions: North America, South America, Eastern Europe, Western Europe, Asia Pacific excluding Japan, Japan and Middle East & Africa.

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Key Segmentation

Type
  • Ambulatory Infusion Pumps
  • Implantable Infusion Pumps
  • Syringe Pumps
  • Volumetric Pumps
  • Infusion Disposable Sets
Application
  • Chemotherapy/Oncology
  • Pediatrics/Neonatology
  • Analgesia/Pain Management
  • Gastroenterology
  • Hematology
  • Diabetes
End User
  • Hospitals
  • Ambulatory Surgical Centers
  • Home Care Settings

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Global GMP Storage Market 2023: North America Accounts for Nearly Half of Global Market Share | ThermoFisher Scientific Inc, BioLife Solutions, Inc, Danaher(Cytiva)

The GMP storage market involves the storage and management of pharmaceutical products and raw materials under strict GMP guidelines. GMP storage facilities are designed to provide a controlled environment for the storage and distribution of pharmaceutical products, ensuring that they are safe and effective for use. These facilities must comply with strict regulations to ensure the quality, safety, and efficacy of stored products. The market has seen significant growth due to the increasing demand for GMP-compliant storage and distribution of pharmaceutical products, as well as the rise in the number of pharmaceutical and biotech companies. The GMP storage market is expected to continue to grow, driven by the increasing demand for safe and effective pharmaceutical products, the growth of the biopharmaceutical industry, and the need for stringent quality control measures.

Worldwide revenue from the GMP storage market was around US$ 5.7 Bn at the end of 2021, with the global market estimated to move ahead at a value CAGR of 5.6% to reach a market valuation of US$ 10.2 Bn by the end of 2032.

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The GMP storage market is expected to grow at a significant rate during the forecast period due to the increasing adoption of GMP storage solutions in the pharmaceutical, biotech, and medical device industries. The market is driven by factors such as the increasing demand for safe and secure storage of drugs, vaccines, and medical devices, the growing adoption of automation in the storage process, and the increasing focus on quality and compliance.

The GMP storage market can be segmented into product types, applications, and regions. Based on product types, the market can be segmented into refrigerators, freezers, and others. Refrigerators are expected to dominate the market due to their wide range of applications and increasing adoption in the pharmaceutical and biotech industries.

Companies

  • Abbott
  • Boston Scientific
  • Biosense Webster (Johnson&Johnson)
  • MEDTRONIC PLC
  • CathRx Ltd
  • Biotronik SE & Co. KG.
  • Japan Lifeline Co
  • ATRICURE,
  • Auris Health
  • Biomerics

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Based on applications, the market can be segmented into pharmaceuticals, biotech, and medical devices. Pharmaceuticals are expected to dominate the market due to the increasing demand for safe and secure storage of drugs.

Geographically, the GMP storage market can be segmented into North America, Europe, Asia Pacific, and Rest of the World. North America is expected to dominate the market due to the presence of major players and the increasing adoption of GMP storage solutions in the pharmaceutical and biotech industries. Asia Pacific is also expected to grow at a significant rate due to the increasing focus on quality and compliance in the pharmaceutical and biotech industries.

The key players operating in the GMP storage market include Thermo Fisher Scientific, Eppendorf AG, Panasonic Healthcare, VWR International, and Panasonic Biomedical Sales Europe. These players are focusing on strategies such as product launches, collaborations, and partnerships to increase their market share.

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Key Segments Covered in GMP Storage Industry Research

GMP Storage Market by Product & Service:

  • GMP Storage Products
    • Refrigerators and Freezers
    • Cryogenic Storage
  • GMP Storage Services

GMP Storage Market by Application:

  • Cell & Gene Therapy
  • Cell Banking
  • Biologics
  • Small Molecules
  • Others

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Electrophysiology Ablation Market is estimated to surge ahead at a CAGR of 8.8% to reach US$ 7.9 Bn by the end of 2033 | PMR Study

The electrophysiology ablation market refers to the industry that involves the development and distribution of medical devices and technologies used in the treatment of cardiac arrhythmias through ablation procedures. Electrophysiology ablation is a minimally invasive procedure that involves the use of catheters to deliver radiofrequency energy or cryotherapy to targeted areas of the heart to disrupt the abnormal electrical signals causing the arrhythmia. The market has witnessed significant growth in recent years due to the rising prevalence of cardiovascular diseases, increasing demand for minimally invasive procedures, and advancements in technology. The electrophysiology ablation market is expected to continue to grow in the coming years, driven by the increasing aging population and the growing incidence of arrhythmias associated with cardiovascular diseases.

Worldwide revenue from the electrophysiology ablation market stands at US$ 3.1 Bn in 2022, with the global market estimated to surge ahead at a CAGR of 8.8% to reach a valuation of US$ 7.9 Bn by the end of 2033.

Electrophysiology Ablation Market Size (2022) US$ 3.1 Bn
Projected Market Value (2033) US$ 7.9 Bn
Global Market Growth Rate (2023-2033) 8.8% CAGR
Market Share of Top 5 Countries 52.8%

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The market is driven by factors such as the increasing incidence of cardiovascular diseases, the growing adoption of minimally invasive procedures, and the increasing adoption of EP ablation for the treatment of arrhythmias.

The EP ablation market can be segmented into product types, applications, and regions. Based on product types, the market can be segmented into catheters, generators, and accessories. Catheters are expected to dominate the market due to their wide range of applications and increasing adoption in minimally invasive procedures.

Companies

  • Abbott
  • Boston Scientific
  • Biosense Webster (Johnson&Johnson)
  • MEDTRONIC PLC
  • CathRx Ltd
  • Biotronik SE & Co. KG.
  • Japan Lifeline Co
  • ATRICURE,
  • Auris Health
  • Biomerics

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Based on applications, the market can be segmented into atrial fibrillation, atrial flutter, ventricular tachycardia, and others. Atrial fibrillation is expected to dominate the market due to its high prevalence and the increasing adoption of EP ablation for its treatment.

Geographically, the EP ablation market can be segmented into North America, Europe, Asia Pacific, and Rest of the World. North America is expected to dominate the market due to the presence of major players and the increasing adoption of EP ablation in the treatment of arrhythmias. Asia Pacific is also expected to grow at a significant rate due to the increasing incidence of cardiovascular diseases and the growing adoption of minimally invasive procedures.

The key players operating in the EP ablation market include Boston Scientific Corporation, Medtronic, Abbott Laboratories, St. Jude Medical, and Biosense Webster. These players are focusing on strategies such as product launches, collaborations, and partnerships to increase their market share.

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Key Segments Covered in Electrophysiology Ablation Industry Research

Product:

  • Diagnostic Catheter
  • Ablation Catheter
  • Access Device

Application:

  • Supraventricular tachycardia (SVT) ablation
  • Ventricular tachycardia(VT/VPC)
  • Atrial fibrillation (AF)

End User:

  • Hospital
  • Ambulatory Surgical Centre
  • Clinic

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Our expert team of industry analysts comprising management graduates, medical professionals, engineers, and project managers provides insights on emerging therapy areas, diagnostic tools, medical devices and components, reimbursement and market access, biotechnology, and life science research products and services to equip decision-makers with sound inputs and strategic recommendations. Click here to learn more about how we zero in on the critical aspects of this industry.

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Cosmetic Peptide Synthesis Market 2023 is estimated to surge ahead at a CAGR of 5.6% to reach US$ 331.3 Mn by the end of 2032 | Croda International Plc, Ashland, DSM

The cosmetic peptide synthesis market is a rapidly growing industry that involves the manufacturing and production of peptides used in cosmetic products. Peptides are short chains of amino acids that play a crucial role in the maintenance and repair of skin tissues. These peptides are synthesized in the laboratory using advanced technologies and methods. The demand for cosmetic peptides has increased significantly in recent years due to their various benefits, such as reducing the appearance of wrinkles and fine lines, improving skin hydration, and enhancing skin elasticity. The growing consumer awareness of the benefits of cosmetic peptides has driven the growth of the market, and it is expected to continue to expand in the coming years.

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The market is driven by factors such as increasing awareness about the benefits of peptides in skincare products, growing demand for anti-aging products, and the increasing use of peptides in various cosmetic products such as creams, serums, and lotions.

The cosmetic peptide synthesis market can be segmented into product types, applications, and regions. Based on product types, the market can be segmented into synthetic peptides and bioengineered peptides. Synthetic peptides are expected to dominate the market due to their low cost and high availability, while bioengineered peptides are expected to grow at the highest CAGR due to their high efficiency and specificity.

Companies

  • Croda International Plc
  • Ashland
  • DSM [Koninklijke DSM NV]
  • Bachem
  • Genscript Biotech Corp
  • BASF SE
  • Geltor
  • Lubrizol Corporation
  • Symrise
  • Bio basic Inc.
  • Regeron Inc.
  • Merck KGa

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Based on applications, the market can be segmented into skincare, hair care, and others. Skincare is expected to dominate the market, driven by increasing consumer demand for anti-aging products. Hair care is also expected to grow at a significant rate due to the increasing use of peptides in hair care products to improve hair growth and thickness.

Geographically, the cosmetic peptide synthesis market can be segmented into North America, Europe, Asia Pacific, and Rest of the World. North America is expected to dominate the market due to the presence of major players and the increasing adoption of peptides in skincare products. Asia Pacific is also expected to grow at a significant rate due to the increasing awareness about the benefits of peptides in skincare products and the growing demand for anti-aging products.

The key players operating in the cosmetic peptide synthesis market include Lipotec, Sederma, KollagenX, Lipotec, and Lipotec. These players are focusing on strategies such as product launches, collaborations, and partnerships to increase their market share.

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Key Segments Covered in Cosmetic Peptide Synthesis Industry Research

Cosmetic Peptide Synthesis Market by Product:

  • Signal Peptides
  • Neurotransmitter Inhibitors
  • Carrier Peptides
  • Enzyme Inhibitor Peptides
  • Others

Cosmetic Peptide Synthesis Market by End Product:

  • Skin Care
    • Creams and Moisturizers
    • Sunscreen Lotions
    • Serums
  • Hair Care
    • Creams
    • Serums

Cosmetic Peptide Synthesis Market by Application:

  • Hair/Eyelash/Eyebrow Care Series Peptides
  • Whitening Series Peptides
  • Anti-Aging Series Peptides
  • Skin Renewal Series Peptides
  • Anti-allergic & Anti-Inflammatory Series Peptides
  • Others

Cosmetic Peptide Synthesis Market by End User:

  • Cosmetic Manufacturers
  • Cosmetic Contract Manufacturers
  • Biopharmaceutical Industries (Personal Care)

 For More Premium Insights, Check out the Link:

Cell Counting market

DNA and RNA Sample Preparation market

Single-Use Bioprocess Systems market

About Us

Persistence Market Research’s Expertise in Life Sciences and Transformational Health

Our expert team of industry analysts comprising management graduates, medical professionals, engineers, and project managers provides insights on emerging therapy areas, diagnostic tools, medical devices and components, reimbursement and market access, biotechnology, and life science research products and services to equip decision-makers with sound inputs and strategic recommendations. Click here to learn more about how we zero in on the critical aspects of this industry.

Contact Us:

Persistence Market Research

Japan

Persistence Market Research

1-2-1 Kinshi Arca Central Building 14/F Tokyo, 130-0013 Japan

Call 0800-222-1088

United States

Address – 305 Broadway, 7th Floor, New York City, NY 10007 United States

U.S. Ph. – +1-646-568-7751

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Sales – sales@persistencemarketresearch.com

Global Flexographic Printing Technology Market Analysis and Forecast (2023-2028): Continuous Growth

Persistence Market Research has published a new research study on the global Flexographic Printing Technology Market in its latest report titled Flexographic Printing Technology Market: Global Industry Analysis 2013–2017 and Forecast, 2018–2028.” Globally, the production of flexographic printing machines is growing, supported by the demand from countries in APECJ, North America, and Europe. Developments in flexographic printing machines, such as automation and production of consumer goods and newspapers are the key driving force behind the growing installation of latest flexographic printing machines.

The global market for flexographic printing machines had witnessed substantial progress in 2018 and is expected to reach a market value of US$ 1,900.1 Mn by 2018. Additionally, the global demand for flexographic printing machines will also be influenced by growth in motion control systems and rising urbanization in developing economies, such as India and China. Population growth has also been directly influencing the installation of flexographic printing machines.

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Inline type flexographic printing machines with 6 colours & above find high adoption in developed economies, especially European countries such as Germany, the U.K., France, and Italy. Stack type flexographic printing machines with advancements in servo technology are gaining traction in developing economies. The growth of flexographic printing machines is positively impacted by their application in electronic products.

This has led to the growth of the global Flexographic Printing Technology Market in countries such as China, the U.S., Taiwan, South Korea, Japan, India and Germany. The establishment of new manufacturing units for flexographic printing machines and rising investments in developing countries across Asia are expected to enhance the demand for flexographic printing machines over the forecast period.

On the basis of product type, inline type flexographic printing machines are expected to remain prominent in terms of global market share, and reach approximately a 57.8% share by the end of 2028. Based on colouring capacity, the 6 color & above segment is expected to remain prominent in the global Flexographic Printing Technology Market, accounting for an estimated value of US$ 3,004.4 Mn by 2028 end.

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In 2018, China and APECJ were pegged to be the attractive regions in the Flexographic Printing Technology Market, accounting for more than 28% of the global market share. Advancements in flexographic printing machines for printing applications in electronic products are expected to drive the demand in regions such as APECJ, China and North America.

Increasing demand for inline type flexographic printing machines is expected to influence leading manufacturers to initiate joint ventures with regional suppliers and distributors to intensify their business. Bobst Group SA, Gallus (Heidelberger Druckmaschinen AG), Koenig & Bauer, KOMORI Corporation, Mark Andy Inc., WINDMOELLER & HOELSCHER CORPORATION, Barry-Wehmiller Companies are some of the key players operating in the global Flexographic Printing Technology Market.

Manufacturers are channelizing efforts to increase their manufacturing and distribution units to cater to the demand from the rising import and export of new flexographic printing machines. Further, the global Flexographic Printing Technology Market is expected to be driven by new projects related to labelling, packaging and food and beverage.

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This report covers a thorough analysis of:

  • Market segment
  • Market dynamics
  • Market size
  • Supply demand
  • Current Trends/Issues/Challenges
  • Competition and related companies
  • Technology
  • Value chain

Regional analysis includes:

  • North America (USA, Canada)
  • Latin America (Mexico, Brazil)
  • Western Europe (Germany, Italy, France, UK, Spain)
  • Eastern Europe (Poland, Russia)
  • Asia Pacific (China, India, ASEAN, Australia and New Zealand)
  • Japan
  • Middle East and Africa (GCC countries, South Africa, North Africa)

Report highlights:

  • Detailed overview of the top markets
  • Changing market dynamics of the industry
  • In-depth market segmentation
  • Historical, current and projected market size in terms of volume and value
  • Recent industry trends and developments
  • competitive landscape
  • Strategies of major players and products provided
  • Potential and niche segments, areas showing promising growth
  • A neutral view of market performance
  • Essential information for market participants to maintain and strengthen their market footprint

Related Reports –

About us:

Expert analysis, actionable insights, and strategic recommendations – the industrial automation team at Persistence Market Research helps clients from all over the globe with their unique business intelligence needs. With a repository of over 500 reports on IT & Telecommunications of which 100+ reports specific for IT & Telecommunications. The team provides end-to-end research and analysis on regional trends, drivers for market growth, and research development efforts in the IT & Telecommunications industry.

Contact us:

Persistence Market Research

Address – 305 Broadway, 7th Floor, New York City,

NY 10007 United States

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Sales – sales@persistencemarketresearch.com

Explosive Detection Technologies Market: Trends, Growth, and Forecasts (2023-2029) with a CAGR of 6%

Explosive detection is widely used at airports, critical infrastructure, borders & ports, and in military & defense to detect explosive materials. Increasing incidents of terrorist attacks and geopolitical unrest are expected to drive the demand for explosive detection technologies across the world. Additionally, government regulations for greater and effective security checking are expected to provide lucrative opportunities to the market. According to PMR’s recent market study, the explosive detection technologies market growth is projected to progress at a CAGR of 6%, and reach US$ 12 Bn by the end of the forecast period of 2019-2029.

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Key Takeaways of Explosive Detection Technologies Market Study

  • North America is expected to retain its dominant position in the global explosive detection technologies market throughout the forecast period in terms of volume as well as value. This can be mainly attributed to increasing investments in advanced explosive detection technologies for existing airports and commercial buildings in the region.
  • The air transport end use segment is projected to account for a major share in the global explosive detection technologies market during the forecast period, attributable to increased focus of security agencies, particularly at airports, to implement various security measures to counter terrorist attacks.
  • Grapheme-based spasers easily detect explosive materials, toxic chemicals, and other compounds by molecule characteristic vibrational transitions. Hence, commercialization of graphene is estimated to provide lucrative growth opportunities to players in the explosive detection technologies market.

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Explosive Detection Technologies Market: Competitive Landscape

The global explosive detection technologies market is highly consolidated, with tier-1 players accounting for around half of the market share. Some of the key market players included in the report are Smiths Group plc, L3Harris Technologies, Inc., OSI Systems Inc., and Kromek Group plc. Over the past few years, the explosive detection technologies market has witnessed continuous product innovation to overcome shortcomings of the existing equipment. Furthermore, companies are investing in the development of innovative technologies and techniques in order to reduce the costs of trace detection and also improve efficiency.

Explosive Detection Technologies Market: Conclusion

Growing concerns regarding security across airports, malls, and commercial complexes is expected to be the major factor increasing the demand for efficient, reliable, and low-cost explosive detection equipment. Terrorist attack threats and new airport construction activities, worldwide, are the major reasons that will contribute to the growth of the explosive detection technologies market during the forecast period of 2019-2029.

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This report covers a thorough analysis of:

  • Market segment
  • Market dynamics
  • Market size
  • Supply demand
  • Current Trends/Issues/Challenges
  • Competition and related companies
  • Technology
  • Value chain

Regional analysis includes:

  • North America (USA, Canada)
  • Latin America (Mexico, Brazil)
  • Western Europe (Germany, Italy, France, UK, Spain)
  • Eastern Europe (Poland, Russia)
  • Asia Pacific (China, India, ASEAN, Australia and New Zealand)
  • Japan
  • Middle East and Africa (GCC countries, South Africa, North Africa)

Report highlights:

  • Detailed overview of the top markets
  • Changing market dynamics of the industry
  • In-depth market segmentation
  • Historical, current and projected market size in terms of volume and value
  • Recent industry trends and developments
  • competitive landscape
  • Strategies of major players and products provided
  • Potential and niche segments, areas showing promising growth
  • A neutral view of market performance
  • Essential information for market participants to maintain and strengthen their market footprint

Related Reports –

About us:

Expert analysis, actionable insights, and strategic recommendations – the industrial automation team at Persistence Market Research helps clients from all over the globe with their unique business intelligence needs. With a repository of over 500 reports on IT & Telecommunications of which 100+ reports specific for IT & Telecommunications. The team provides end-to-end research and analysis on regional trends, drivers for market growth, and research development efforts in the IT & Telecommunications industry.

Contact us:

Persistence Market Research

Address – 305 Broadway, 7th Floor, New York City,

NY 10007 United States

U.S. Ph. – +1-646-568-7751

USA-Canada Toll-free – +1 800-961-0353

Sales – sales@persistencemarketresearch.com

Silicon Anode Battery Market: Growth, Trends, and Forecasts by 2024 – CAGR of 21.5% Expected in the Next Five Years

Persistence Market Research delivers key insights on the silicon anode battery market in its latest report titled “Silicon Anode Battery Market: Global Industry Analysis and Forecast, 2016–2024”. 

The global silicon anode battery market is estimated to be valued at US$ 101.9 Mn by the end of 2016 and is expected to be valued at US$ 484.9 Mn by the end of 2024, registering a CAGR of 21.5% over the forecast period. North America is estimated to account for a market value share of 35.4% in the global silicon anode battery market by 2016 end, and is anticipated to remain dominant throughout the forecast period.

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Market dynamics

Environmental regulations pertaining to CO2 emissions are expected to boost the use of alternative modes of transport in the transportation sector. Thus, electric vehicles are a good alternative for the reduction of CO2 emissions. Government promotion for adoption of electric vehicles and incentives regarding low emission of CO2 is expected to increase electric vehicles sales over the forecast period. Therefore, demand of next generation batteries such as silicon anode is expected to increase over the forecast period. Moreover, high performance of silicon as an anode material is expected to increase its consumption in smartphone batteries over the forecast period.

However, silicon has a property of soaking large amount of lithium-ions. Therefore, volume of silicon anode increases when lithium ions bind with silicon. Hence, repeated expansion and contraction of silicon anode while charging and discharging decreases the performance of battery. This in turn, is expected to be a major challenge to the growth of the global silicon anode battery market.

Market forecast

On the basis of application, the global silicon anode battery market is segmented into consumer electronics, automotive, industrial and grid & renewable energy. Consumer electronics segment is further sub-segmented into 3G/4G cellphones, laptops, tablets, MP4, digital cameras, and other electronic devices.

Consumer electronics segment dominated the global silicon anode battery market and accounted for 43.7% value share and is estimated to remain dominant throughout the forecast period. This segment is projected to grow 5.1X over the forecast period. Increasing demand for high performance of batteries in smartphones is expected to witness a significant growth of the 3G/4G cellphones sub-segment in consumer electronics segment over the forecast period.

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Therefore, this sub-segment accounted for a major value share and is estimated to remain dominant throughout the forecast period. Moreover, automotive segment is sub-segmented into plug in HEV, HEVs, EVs and electric bicycles. EVs sub-segment in automotive segment is expected to witness significant growth and projected to grow 5.3X over the forecast period.

On the basis of key regions, the global silicon anode battery market has been segmented into North America, Latin America, Europe, Asia Pacific, and the Middle East & Africa. North America dominated the market with over 35% of the overall silicon anode battery market share in 2015. This is mainly attributed to product innovation in silicon using nano-technology.

Asia Pacific market accounted for over 30% of the overall silicon anode battery market share in 2015. This is mainly attributed to major manufacturing companies of consumer electronics in countries such as China, Japan, and South Korea among others. This in turn, is expected to increase the demand for silicon anode batteries over the forecast period. Moreover, increasing adoption of electric vehicles in Europe is estimated to be one of the major reason for the sales of the silicon anode batteries and this region is anticipated to witness a significant CAGR of 22.0% over the forecast period.

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Competitive landscape

Some of the key players identified in the global silicon anode battery market are Amprius Inc., Nexeon Limited, Enevate Corporation, XG Sciences Inc., CONNEXX SYSTEM Corporation and OneD Material among others.

This report covers a thorough analysis of:

  • Market segment
  • Market dynamics
  • Market size
  • Supply demand
  • Current Trends/Issues/Challenges
  • Competition and related companies
  • Technology
  • Value chain

Regional analysis includes:

  • North America (USA, Canada)
  • Latin America (Mexico, Brazil)
  • Western Europe (Germany, Italy, France, UK, Spain)
  • Eastern Europe (Poland, Russia)
  • Asia Pacific (China, India, ASEAN, Australia and New Zealand)
  • Japan
  • Middle East and Africa (GCC countries, South Africa, North Africa)

Report highlights:

  • Detailed overview of the top markets
  • Changing market dynamics of the industry
  • In-depth market segmentation
  • Historical, current and projected market size in terms of volume and value
  • Recent industry trends and developments
  • competitive landscape
  • Strategies of major players and products provided
  • Potential and niche segments, areas showing promising growth
  • A neutral view of market performance
  • Essential information for market participants to maintain and strengthen their market footprint

Related Reports –

About us:

The Chemicals and Materials division of Persistence Market Research offers distinct and pin-point analysis about chemicals and materials industry. Chemical coverage extends from commodity, bulk, specialty and petrochemicals to advanced materials, composites and nanotechnology in particular with special emphasis on ‘green alternatives’, recycling and renewable technology developments, supply-demand-trade assessment. Our research studies are widely referred by chemical manufacturers, research institutions, channel partners and government bodies for developing – ‘The Way Forward’. 

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Global Vapor Recovery Services Market Analysis and Forecast (2023-2025) – CAGR Expected to Grow at 7.4% During the Forecast Period

PMR predicts that the global vapor recovery services market will grow at a CAGR of 7.4% from 2017 to 2025, reaching a market value of US$ 462.3 million by the end of 2025.

Report Summary:  Global Vapor Recovery Services Market

North America will continue to dominate the global vapor recovery services market throughout the forecast period. North America holds the largest market share and is expected to grow relatively quickly. The United States is expected to account for more than two-thirds of the market share in the global vapor recovery services market. On the other hand, Latin America, the Middle East, and Africa have relatively low market shares, and steady growth is expected.

Below are some of the findings presented in Persistence Market Research’s recent publication, Vapor Recovery Services Market: Global Industry Analysis and Forecasts, 2017-2025. Analysts have observed that the United States is expected to present a significant opportunity in the global vapor recovery services market compared to the rest of the world. Likewise, companies around the world are focusing on expanding their business portfolios and efficiencies to capitalize on existing domestic opportunities.

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Our team of expert analysts is more focused on market participants building long-term relationships with direct end-users, especially for regular annual maintenance contracts to maintain ongoing revenue streams. i am looking at this

After examining the market, analysts pointed out that among application types, storage tank ventilation segment is expected to register high growth during the forecast period. An increase in the number of crude oil storage tanks is expected to propel the growth of the segment over the forecast period. A study of the differentiation strategies of key market players reveals:

Product innovation and development of special solutions for each customer and application

Product development with relatively low capital investment and high customer returns

Mid- to long-term contracts with advanced service providers

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Key points of the report

For GDP growth forecasts, it has been observed that global economic growth is likely to impact the steam recovery services market during the forecast period. Major developments in the oil and gas industry are expected to significantly impact the vapor recovery services market.

Increased capital investment will play a significant role and will have a significant impact on the vapor recovery services market. As a result, maintenance costs in the oil and gas industry are expected to impact the vapor recovery services market. The introduction of vapor recovery equipment is expected to have a moderate impact on the vapor recovery services market.

Report structure

Analysts have studied the various market segments extensively while studying the global vapor recovery services market. Market analysis includes revenue forecast, basis point share analysis, year-over-year growth forecast, absolute dollar opportunity analysis, and market attractiveness analysis.

When forecasting market figures, macroeconomic indicators such as GDP and industrial production indices are taken into account. The Weighted Average Selling Price (ASP) is used as an estimate of market value. A top-down approach was used to evaluate the number of markets in each category and a bottom-up approach was used to validate market forecasts. Analysts gather insightful information from sources such as World Bank and IMF data, corporate, annual and financial reports _bk_01_01_2020, and industry association publications.

Research method

We use in-depth secondary research to identify the overall market size, major industry players and trade associations. To conduct expert and industry interviews, Persistence Market Research has created an in-depth discussion guide based on analysts conducting interviews with industry experts, players, distributors and retailers. did.

The forecasts presented in this report evaluate the total revenue of the global steam recovery services market. The starting point for formulating a market forecast is to determine the size of the current market. This forms the basis for forecasts of how the market will develop in the near future.

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Survey results are triangulated using a variety of demand-side and supply-side analysis. The report also considers annual growth to understand market predictability and identify suitable opportunities in the global vapor recovery services market. As mentioned above, the global vapor recovery services market is segmented into various categories. All these segments are analyzed in terms of basis point share to understand the segment’s contribution to the growth of the overall market. Information at this level of detail is crucial for identifying various key trends in the global vapor recovery services market.

This report covers a thorough analysis of:

  • Market segment
  • Market dynamics
  • Market size
  • Supply demand
  • Current Trends/Issues/Challenges
  • Competition and related companies
  • Technology
  • Value chain

Regional analysis includes:

  • North America (USA, Canada)
  • Latin America (Mexico, Brazil)
  • Western Europe (Germany, Italy, France, UK, Spain)
  • Eastern Europe (Poland, Russia)
  • Asia Pacific (China, India, ASEAN, Australia and New Zealand)
  • Japan
  • Middle East and Africa (GCC countries, South Africa, North Africa)

Report highlights:

  • Detailed overview of the top markets
  • Changing market dynamics of the industry
  • In-depth market segmentation
  • Historical, current and projected market size in terms of volume and value
  • Recent industry trends and developments
  • competitive landscape
  • Strategies of major players and products provided
  • Potential and niche segments, areas showing promising growth
  • A neutral view of market performance
  • Essential information for market participants to maintain and strengthen their market footprint

Related Reports –

About us:

Expert analysis, actionable insights, and strategic recommendations – the industrial automation team at Persistence Market Research helps clients from all over the globe with their unique business intelligence needs. With a repository of over 500 reports on IT & Telecommunications of which 100+ reports specific for IT & Telecommunications. The team provides end-to-end research and analysis on regional trends, drivers for market growth, and research development efforts in the IT & Telecommunications industry.

Contact us:

Persistence Market Research

Address – 305 Broadway, 7th Floor, New York City,

NY 10007 United States

U.S. Ph. – +1-646-568-7751

USA-Canada Toll-free – +1 800-961-0353

Sales – sales@persistencemarketresearch.com

Global Thermoformed Plastic Products Market: Analysis, Trends, and Forecasts by 2023 – Compound Annual Growth Rate (CAGR) of 4.2% during the forecast period

Global F&B thermoformed plastic products market is estimated to be valued at US$ 11.2 Bn by the end of 2016, registering a CAGR of 4.2% over forecast period 2016 to 2024

Thermoformed plastic products are formed by heating a plastic sheet to a pliable temperature, and then forming it into a specific shape using a mold. The thermoformed plastic products market has witnessed significant growth in recent years, owing to the increasing demand for lightweight, durable, and cost-effective packaging solutions in various end-use industries.

The primary objective of the report is to offer information on market drivers, restraints, trends, opportunities, and value chain analysis; and updates on developments in the global F&B thermoformed plastic products market. The report conducts a quantitative as well as qualitative assessment of the global F&B thermoformed plastic products market across product types, application, and regional market segments.

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The report starts with a market overview and provides market definition and analysis of the drivers, restraints, and key trends influencing the market. Impact analysis of key growth drivers based on the weighted average model is included to better equip clients with useful decision-making insights. The subsequent sections analyze the global F&B thermoformed plastic products market by product type, application, and region. For market data analysis, the report considers 2015 as the base year, with market numbers estimated for 2016 and a comprehensive forecast made for the period 2017–2024.

Drivers, Restraints, and Challenges:

Drivers:

  1. Growing demand for sustainable and eco-friendly packaging solutions is driving the growth of the thermoformed plastic products market.
  2. Increasing use of thermoformed plastic products in the food and beverage industry due to its durability, cost-effectiveness, and aesthetic appeal.
  3. Growing adoption of thermoformed plastic products in the healthcare industry for medical devices, laboratory equipment, and packaging.

Restraints:

  1. The high cost of thermoforming equipment and tooling is a major restraint for market growth.
  2. The limited availability of raw materials and fluctuating prices of raw materials is hindering the growth of the thermoformed plastic products market.
  3. The limited recyclability of some thermoformed plastic products is a major restraint for market growth.

Challenges:

  1. The increasing competition from alternative packaging solutions such as paper-based packaging and glass packaging is a major challenge for the thermoformed plastic products market.
  2. The increasing demand for customization and unique designs is challenging manufacturers to develop innovative and cost-effective solutions.
  3. The increasing regulations on the use of plastic products and environmental concerns regarding plastic waste are challenging manufacturers to develop sustainable and eco-friendly solutions.

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Research Methodology

To calculate the market size, the report considers sales of thermoformed plastic products in the F&B industry on a country and regional level, which are then added to reach the global market size. The forecast assesses the total revenue of the global F&B thermoformed plastic products market on the basis of various factors that are expected to affect the market in the short and long term.

The data is triangulated on the basis of different verticals, considering both supply side and demand side drivers and other dynamics of the global F&B thermoformed plastic products market, along with primary interviews of manufacturers and industry experts active across the global F&B thermoformed plastic products market value chain.

The report begins by sizing up the current market, which forms the basis for forecasting how the market is anticipated to take shape during the forecast period. Given the ever-fluctuating nature of the global economy, the report presents forecasts not only in terms of CAGR, but also analyzes the global F&B thermoformed plastic products market on the basis of key parameters such as Year-on-Year (Y-o-Y) growth to understand market predictability and to identify the right opportunities in the global F&B thermoformed plastic products market.

The report also analyzes the global F&B thermoformed plastic products market segments in terms of Basis Point Share (BPS) to understand individual segments’ relative contribution to market growth. This detailed level of information is important to identify the many trends governing the global F&B thermoformed plastic products market.

Another key feature of this report is a comprehensive analysis of the global F&B thermoformed plastic products market revenue forecast in terms of absolute dollar opportunity, critical in assessing the level of opportunity that a provider can look to achieve, as well as to identify potential resources from a sales perspective in the global F&B thermoformed plastic products market.

In order to understand key growth segments in terms of growth and performance of the global F&B thermoformed plastic products market, Persistence Market Research has also developed a market attractiveness index to help providers identify real market opportunities in the global F&B thermoformed plastic products market.

Segmentation:

By Product Type:

  • Polypropylene
  • Polymethyl Methacrylate
  • Polystyrene
  • Bio-degradable Polymers
  • High Impact Polystyrene
  • Polyethylene
  • Poly Vinyl Chloride
  • Acrylonitrile Butadiene Styrene

By Process:

  • Vacuum Snapbac
  • Plug Assist Forming
  • Thin Gauge Thermoforming
  • Thick Gauge Thermoforming

By Application:

  • Healthcare & Medical
  • Consumer Goods & Appliances
  • Food Packaging
  • Construction
  • Automotive
  • Electrical & Electronics

By Region:

  • North America
  • Europe
  • Latin America
  • East Asia
  • Middle East & Africa
  • South Asia & Pacific

KEY Companies:

  • Pactiv, LLC.
  • Anchor Packaging, Inc.
  • Associated Packaging, Ltd.
  • Peninsula Packaging Company, LLC.
  • Placon Group
  • Berry Plastics
  • CM Packaging
  • Clear Lam Packaging
  • Graham Packaging
  • D&W Fine Pack
  • Huhtamaki Group
  • Silgan Plastics

This report covers a thorough analysis of:

  • Market segment
  • Market dynamics
  • Market size
  • Supply demand
  • Current Trends/Issues/Challenges
  • Competition and related companies
  • Technology
  • Value chain

Regional analysis includes:

  • North America (USA, Canada)
  • Latin America (Mexico, Brazil)
  • Western Europe (Germany, Italy, France, UK, Spain)
  • Eastern Europe (Poland, Russia)
  • Asia Pacific (China, India, ASEAN, Australia and New Zealand)
  • Japan
  • Middle East and Africa (GCC countries, South Africa, North Africa)

Report highlights:

  • Detailed overview of the top markets
  • Changing market dynamics of the industry
  • In-depth market segmentation
  • Historical, current and projected market size in terms of volume and value
  • Recent industry trends and developments
  • competitive landscape
  • Strategies of major players and products provided
  • Potential and niche segments, areas showing promising growth
  • A neutral view of market performance
  • Essential information for market participants to maintain and strengthen their market footprint

Click on the link to purchase the full report: https://www.persistencemarketresearch.com/checkout/3873

Related Reports –

About us:

The Chemicals and Materials division of Persistence Market Research offers distinct and pin-point analysis about chemicals and materials industry. Chemical coverage extends from commodity, bulk, specialty and petrochemicals to advanced materials, composites and nanotechnology in particular with special emphasis on ‘green alternatives’, recycling and renewable technology developments, supply-demand-trade assessment. Our research studies are widely referred by chemical manufacturers, research institutions, channel partners and government bodies for developing – ‘The Way Forward’. 

Contact us:

Persistence Market Research

Address – 305 Broadway, 7th Floor, New York City,

NY 10007 United States

U.S. Ph. – +1-646-568-7751

USA-Canada Toll-free – +1 800-961-0353

Sales – sales@persistencemarketresearch.com

Iodine Market Analysis and Forecast (2023-2032): Growth Prospects and Current Trends with a CAGR of 5.7%

Newly-released data on the iodine market reveals that global sales are expected to reach around US$ 1.43 Bn in 2022, registering Y-o-Y growth of approximately 5.7%. The market for iodine is projected to exhibit a CAGR of 4% over the period of 2022 and 2032 on a volume basis.

Global Industry Analysis

Iodine is an essential chemical element used for various industrial and medical purposes. It is primarily used in the production of iodine derivatives, such as potassium iodide, sodium iodide, and methyl iodide. Iodine also finds application in the production of disinfectants, water treatment, and as a catalyst in the production of acetic acid. The global iodine market is highly competitive, with key players vying for market share. This report provides an overview of the iodine market, including its growth prospects, trends, and key players.

Iodine is a halogen element of the seventh group of the periodic table with the atomic number 53; it has a bluish-black color and a brilliant luster. Iodine and its derivatives are widely used as intermediates in industrial chemicals and for human nutrition.

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The element is derived from bodies of water such as oceans and pools of water, as well as algae. Iodine deficiency leads to various health problems in humans, such as goiter, intellectual disability, heart disease and vision problems.

To understand and assess the opportunities in this market, the report is categorically divided into three main market analysis sections i.e. by Source, by Application and by Region. The report analyzes the global iodine market in terms of market value (US$ Mn) and volume (Tons).

The report begins with an overview of the global Iodine Market, evaluating the performance of the market in terms of revenue and volume followed by Persistence Market Research’s analysis of the key trends, drivers and restraints affecting the global Iodine Market. . The impact analysis of the key growth drivers and restraints based on the weighted average model is also included in the report to provide the client with clear insights for decision making.

To calculate the market size, the report considers several aspects based on secondary research. Furthermore, data points such as split by region and market split by application have been included along with qualitative inputs from top respondents to arrive at sensible market estimates.

The forecasts presented in the report evaluate the total revenue of the global iodine market from 2021 to 2031. When developing the market forecast, the starting point begins with the size of the current market, which forms the basis for forecasting the expected development of the market shape in the near future.

Drivers, Restraints, and Challenges:

Drivers:

  1. Growing demand for iodine in the healthcare industry: Iodine is used in various medical applications such as disinfectants, contrast agents, and thyroid hormones, which are important for the treatment of thyroid diseases. The increasing prevalence of thyroid diseases, along with the rising demand for disinfectants and contrast agents, is driving the demand for iodine in the healthcare industry.
  2. Increasing use of iodine in food industry: Iodine is an essential nutrient required for the proper functioning of the human body. It is added to salt, which is widely used in food processing, to prevent iodine deficiency disorders (IDDs). The increasing awareness of the benefits of iodized salt and the rising demand for processed food products are driving the growth of the iodine market in the food industry.
  3. Growing demand for LCD displays: Iodine is used as a polarizing agent in the production of LCD displays. The increasing demand for LCD displays in various electronic devices such as smartphones, laptops, and televisions is driving the demand for iodine in the electronics industry.

Restraints:

  1. Volatility in iodine prices: The prices of iodine are highly volatile due to its limited availability and the high concentration of iodine reserves in a few countries. The fluctuations in the prices of iodine can negatively affect the growth of the market.
  2. Health concerns associated with excessive iodine intake: Excessive intake of iodine can lead to adverse health effects such as thyroid dysfunction, skin rashes, and gastrointestinal problems. This can act as a restraint for the growth of the iodine market, particularly in the food industry.
  3. Stringent regulations: The production and use of iodine are subject to stringent regulations, which can increase the compliance costs for manufacturers and limit the growth of the market.

Challenges:

  1. Limited availability of iodine reserves: Iodine reserves are limited and concentrated in a few countries such as Chile and Japan. This can pose a challenge for the growth of the iodine market, particularly in regions that are not self-sufficient in iodine.
  2. Technological advancements: The iodine market is subject to technological advancements, which can make existing applications obsolete and create new applications. This can pose a challenge for manufacturers to keep up with the changing market trends and stay competitive.
  3. Environmental concerns: The production and use of iodine can have negative environmental impacts, such as water pollution and land degradation. This can pose a challenge for the growth of the iodine market, particularly in regions where environmental regulations are stringent.

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Segmentation:

By Source:

  • Natural Brines
  • Nitrite Ores
  • Others (Seaweed)

By Application:

  • X-Ray Contrast Media
  • Catalysts
  • Biocide
  • LED/LCD Polarizing Films
  • Feed Additives
  • Human Nutrition
  • Others

By Region:

  • North America
  • Latin America
  • Europe
  • East Asia
  • South Asia & Pacific
  • Middle East & Africa

Key Companies:

  • Iofina Chemical, Plc.
  • Sociedad Química y Minera (SQM)
  • IOCHEM Corporation
  • ISR holdings
  • Qingdao Bright Moon Seaweed Group Co. Ltd.
  • ISE Chemicals Corporation
  • Godo Shigen Co., Ltd
  • Nippoh Chemicals Co., Ltd
  • Deep Water Chemicals
  • ACF Minera S.A
  • Kanto Natural Gas Development Co., Ltd
  • COSAYACH Compañía de Salitre y Yodo

This report covers a thorough analysis of:

  • Market segment
  • Market dynamics
  • Market size
  • Supply demand
  • Current Trends/Issues/Challenges
  • Competition and related companies
  • Technology
  • Value chain

Regional analysis includes:

  • North America (USA, Canada)
  • Latin America (Mexico, Brazil)
  • Western Europe (Germany, Italy, France, UK, Spain)
  • Eastern Europe (Poland, Russia)
  • Asia Pacific (China, India, ASEAN, Australia and New Zealand)
  • Japan
  • Middle East and Africa (GCC countries, South Africa, North Africa)

Report highlights:

  • Detailed overview of the top markets
  • Changing market dynamics of the industry
  • In-depth market segmentation
  • Historical, current and projected market size in terms of volume and value
  • Recent industry trends and developments
  • competitive landscape
  • Strategies of major players and products provided
  • Potential and niche segments, areas showing promising growth
  • A neutral view of market performance
  • Essential information for market participants to maintain and strengthen their market footprint

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Related Reports –

About us:

The Chemicals and Materials division of Persistence Market Research offers distinct and pin-point analysis about chemicals and materials industry. Chemical coverage extends from commodity, bulk, specialty and petrochemicals to advanced materials, composites and nanotechnology in particular with special emphasis on ‘green alternatives’, recycling and renewable technology developments, supply-demand-trade assessment. Our research studies are widely referred by chemical manufacturers, research institutions, channel partners and government bodies for developing – ‘The Way Forward’. 

Contact us:

Persistence Market Research

Address – 305 Broadway, 7th Floor, New York City,

NY 10007 United States

U.S. Ph. – +1-646-568-7751

USA-Canada Toll-free – +1 800-961-0353

Sales – sales@persistencemarketresearch.com

Global High Purity Alumina Market Analysis and Forecast (2023-2030): Increasing Demand for LEDs and Semiconductors Driving Impressive CAGR 19.7% Growth

The global high purity alumina market is expected to grow significantly at a CAGR of 19.7% in terms of volume. The market is segmented on the basis of geography, product and application.

High Purity Alumina Market – Report Scope

High Purity Alumina (HPA) is an industrial chemical that is utilized for a wide range of applications, including LED lighting, semiconductors, lithium-ion batteries, and advanced ceramics. High purity alumina is manufactured by the process of purifying aluminum oxide. HPA is used in various applications that require the material to have high temperature stability, high purity, and excellent optical properties. The global High Purity Alumina Market is expected to grow at a significant rate during the forecast period from 2020 to 2030.

The global high purity alumina market is expected to grow significantly in the coming years due to the increasing demand for electronic devices and the increasing use of HPA as a substrate material. The increasing demand for HPA in the semiconductor and LED industries is also driving the growth of the market.

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This research concerns stakeholders in the high purity alumina (HPA) market, as well as manufacturers, distributors, suppliers, and investors. Because it can help you understand applicable strategies to grow in the market. Business researchers as well as stakeholders, investors, industry experts, researchers and journalists in the high purity alumina market can benefit from the information and statistics presented in PMR’s research reports.

The report contains facts and figures pertaining to macro- and microeconomic factors influencing the growth of the high-purity alumina market. This study also provides actionable insights based on future trends in the high purity alumina market. Additionally, regional players and new entrants in the high purity alumina market can use the information presented in this report to make business decisions in the coming years and gain momentum in the market.

Drivers, Restraints, and Challenges:

Drivers:

  1. Increasing demand for LED lighting: High purity alumina (HPA) is extensively used in the production of LED lights owing to its excellent properties such as high brightness, scratch resistance, and good thermal conductivity. The increasing demand for energy-efficient LED lighting is expected to drive the growth of the HPA market.
  2. Growing demand for electric vehicles: HPA is widely used in the production of lithium-ion batteries, which are extensively used in electric vehicles (EVs). The rising demand for EVs globally is expected to boost the demand for HPA in the coming years.
  3. Increasing demand for electronics: HPA is extensively used in the production of electronic components such as LCD screens, semiconductors, and touch screens. The increasing demand for electronics globally is expected to drive the growth of the HPA market.

Restraints:

  1. High production cost: The production of HPA involves high capital investment and energy costs, which can make the end product expensive. This can be a major restraint for the growth of the market.
  2. Limited availability of raw materials: The production of HPA requires high-quality bauxite, which is a limited resource. The limited availability of raw materials can affect the production of HPA, which can be a major restraint for the market.

Challenges:

  1. Competition from substitutes: HPA faces competition from other materials such as sapphire, which can be used in the production of LED lights and electronic components. This can be a major challenge for the growth of the HPA market.
  2. Environmental concerns: The production of HPA can lead to the emission of greenhouse gases and other harmful pollutants, which can have a negative impact on the environment. This can be a major challenge for the growth of the HPA market as companies are increasingly focused on sustainability and reducing their carbon footprint.

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Key segments of the high purity alumina market

PMR’s research on the high purity alumina market is divided into three major segments: product, application and geography. This report provides comprehensive data and information on important market dynamics and growth parameters related to these categories.

Product

  • 4N
  • 5N
  • 6N

Application

  • LED
  • Semiconductor
  • Phosphor
  • Other

Region

  • North America
  • Europe
  • APAC
  • LAMEA

Key Questions Answered in PMR’s High Purity Alumina Market Report

  1. Which region is expected to hold a prominent market share during the forecast period?
  2. What are the key driving factors fueling the demand for high purity alumina (HPA) during the forecast period?
  3. How will current trends affect the high purity alumina market?
  4. Who are the key market players in the high purity alumina market?
  5. What are the important strategies for prominent players in the high purity alumina market to increase their position in this environment?

High Purity Alumina Market: Research Methodology

PMR’s research report utilizes a proprietary research methodology to conduct a comprehensive study on the development of the high purity alumina market and reach conclusions on the future growth factors of the market. In this research methodology, analysts utilize secondary and primary research to ensure the accuracy and reliability of conclusions.

World Bank, IMF, US Energy Information Administration, International Energy Agency, regional and regional government websites, white papers, trade journals, external and internal databases. To provide insightful information, the analysts closely interviewed several industry experts, such as sales supervisors, sales operations managers, product portfolio managers, senior managers, market intelligence managers, marketing/product managers, engineering managers, and production managers.

To make PMR’s predictions about the growth prospects of the HPA market more accurate and reliable, comprehensive information obtained from primary and secondary sources is verified by companies operating in the high purity alumina market.

Key Players: 

  • Sumitomo Chemical Co.. Ltd.
  • Sasol Ltd
  • Baikowski
  • Nippon Light Metal Co. Ltd.
  • HMR, Co. Ltd.
  • Hebei Heng Bo New Material Technology Co. Ltd.
    Xuancheng Jingrui New Material Co.. Ltd.
  • Dalian Hiland Photoelectric Material Co., Ltd.

This report covers a thorough analysis of:

  • Market segment
  • Market dynamics
  • Market size
  • Supply demand
  • Current Trends/Issues/Challenges
  • Competition and related companies
  • Technology
  • Value chain

Regional analysis includes:

  • North America (USA, Canada)
  • Latin America (Mexico, Brazil)
  • Western Europe (Germany, Italy, France, UK, Spain)
  • Eastern Europe (Poland, Russia)
  • Asia Pacific (China, India, ASEAN, Australia and New Zealand)
  • Japan
  • Middle East and Africa (GCC countries, South Africa, North Africa)

Report highlights:

  • Detailed overview of the top markets
  • Changing market dynamics of the industry
  • In-depth market segmentation
  • Historical, current and projected market size in terms of volume and value
  • Recent industry trends and developments
  • competitive landscape
  • Strategies of major players and products provided
  • Potential and niche segments, areas showing promising growth
  • A neutral view of market performance
  • Essential information for market participants to maintain and strengthen their market footprint

Click on the link to purchase the full report: https://www.persistencemarketresearch.com/checkout/3582

Related Reports –

About us:

The Chemicals and Materials division of Persistence Market Research offers distinct and pin-point analysis about chemicals and materials industry. Chemical coverage extends from commodity, bulk, specialty and petrochemicals to advanced materials, composites and nanotechnology in particular with special emphasis on ‘green alternatives’, recycling and renewable technology developments, supply-demand-trade assessment. Our research studies are widely referred by chemical manufacturers, research institutions, channel partners and government bodies for developing – ‘The Way Forward’. 

Contact us:

Persistence Market Research

Address – 305 Broadway, 7th Floor, New York City,

NY 10007 United States

U.S. Ph. – +1-646-568-7751

USA-Canada Toll-free – +1 800-961-0353

Sales – sales@persistencemarketresearch.com

“Global Thorium Market Analysis and Forecast (2023-2025): Projected Compound Annual Growth Rate (CAGR) of 5.8%

Global Industry Analysis

Thorium is a naturally occurring radioactive element with atomic number 90, symbol Th and is a fertile material used as a nuclear fuel. Thorium is a potential substitute for uranium in nuclear power generation. It is more abundant than uranium and produces less radioactive waste. The thorium market has gained significant attention in recent years due to the potential benefits it offers in nuclear power generation.

Market Size and Growth:

The global thorium market size was valued at USD 4.4 billion in 2017 and is expected to reach USD 6.9 billion by 2025, growing at a CAGR of 5.8% during the forecast period (2017-2025). The increasing demand for energy and the need for alternative sources of fuel has led to the growth of the thorium market.

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Thorium is generally traded in granular or powdered form by suppliers and distributors. The thorium market offers its application in certain retail uses in composition with many other alloy elements. Thorium being the untapped energy available as a source of nuclear power is mainly found in the Earth’s crust as compared to that of Uranium and other fossil fuel sources. The increasing demand for thorium over uranium coupled with the sufficient availability is expected to uplift the thorium market over the forecast period.

Thorium Market: Dynamics

Thorium is available as rich as lead and three folds more than Uranium. The production of thorium is observed to be more than 30,000 tons a year. Such abundant availability of thorium is expected to offer exciting possibilities in the near future to fuel nuclear reactors by thorium. Major focus has been given to research on thorium-based fuels for utilization in evolutionary generation III+ reactors in order to provide optimum choice to manage Uranium and Plutonium.

The growing aerospace industries are expected to hold potential opportunities for its use in the composition with magnesium for air craft engines. Moreover to this, the non-nuclear use of thorium is expected to hold moderate growth in the thorium market during the forecast period.

However, health and environmental concerns due to radioactive nature of thorium is expected to hinder the growth of the thorium market. Release of thorium in large amount in the environment contaminates the flora and fauna of the ecosystem. Another factor to be considered is the waste disposal which is performed strictly under appropriate local, state and federal regulations.

Thorium Market: Segmentation

Basis of form type
  • Powder form
  • Granular form
Basis of application
  • Gas Mantles
  • Electronic Equipment Coating
  • Refractory Material Manufacturing
  • Camera lens/Scientific Instrument
  • Nuclear Reactor
  • Heat Resistant Ceramics

Thorium Market: Region-wise Outlook

Based on the geography, the U.S. and the European countries are expected to be the promising markets of thorium in the forecast period. India followed by Brazil, Australia, the U.S., Egypt and others are showing a large reserves for thorium, which are extracted from the rare-earth metals thus, hold significant market volume share throughout the forecast period. Other industrialized economies, such as the U.K., Germany, Russia, Japan and the U.S. are expected to witness vital prospects for its on-going research on thorium-based fuel cycles.

In 2013, the development of thorium power projects for countries such as Indonesia and Chile were planned and proposed by the Thorium Power Canada. Other countries, such as Norway, are expected to foresee vital opportunities where development and testing of two thorium bearing fuel is to be used in the present nuclear power plants. Also, Europe and North America are in the process to initiate investigation in the use of Th-Add fuel for commercial reactors. India being the largest supplier of thorium is expected to account significant share over the forecast period.

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Thorium Market: Key Players

Examples of some of the recognized key players in thorium market are:

  • ARAFURA Resources
  • Blackwood Corporation Limited
  • Crossland Uranium Mines Limited
  • Kimberley Rare Earths Metal Limited
  • Navigator Resources Limited
  • Western Desert Resources Limited
  • Steenkampskraal Thorium Limited (STL)Micron Platers
  • Namibia Rare Earth Inc.

The report covers exhaust analysis on:

  • Market Segments
  • Market Dynamics
  • Market Size
  • Supply & Demand
  • Current Trends/Issues/Challenges
  • Competition & Companies involved
  • Technology
  • Value Chain

Regional analysis includes:

  • North America (U.S., Canada)
  • Latin America (Mexico. Brazil)
  • Western Europe (Germany, Italy, France, U.K, Spain)
  • Eastern Europe (Poland, Russia)
  • Asia Pacific (China, India, ASEAN, Australia & New Zealand)
  • Japan
  • Middle East and Africa (GCC Countries, S. Africa, Northern Africa)

Report Highlights:

  • Detailed overview of parent market
  • Changing market dynamics in the industry
  • In-depth market segmentation
  • Historical, current, and projected market size in terms of volume and value
  • Recent industry trends and developments
  • Competitive landscape
  • Strategies of key players and products offered
  • Potential and niche segments, geographical regions exhibiting promising growth
  • A neutral perspective on market performance
  • Must-have information for market players to sustain and enhance their market footprint

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Related Reports –

About us:

The Chemicals and Materials division of Persistence Market Research offers distinct and pin-point analysis about chemicals and materials industry. Chemical coverage extends from commodity, bulk, specialty and petrochemicals to advanced materials, composites and nanotechnology in particular with special emphasis on ‘green alternatives’, recycling and renewable technology developments, supply-demand-trade assessment. Our research studies are widely referred by chemical manufacturers, research institutions, channel partners and government bodies for developing – ‘The Way Forward’. 

Contact us:

Persistence Market Research

Address – 305 Broadway, 7th Floor, New York City,

NY 10007 United States

U.S. Ph. – +1-646-568-7751

USA-Canada Toll-free – +1 800-961-0353

Sales – sales@persistencemarketresearch.com

“Global Alkalinity Control Chemicals Market Analysis and Forecast (2023-2025): Increasing Demand for Industrial Wastewater Treatment Drives Steady CAGR 3.5% Growth

Global Industry Analysis

Alkalinity control chemicals are used in water treatment to control the level of alkalinity in the water. Alkalinity is the measure of the ability of water to neutralize acids, and it is an important parameter in water treatment because it affects the pH of the water. Alkalinity control chemicals are added to the water to increase or decrease the alkalinity to the desired level. The alkalinity control chemicals market is expected to grow due to the increasing demand for treated water in various industries such as power, municipal, and food & beverage.

Market Size:

The global alkalinity control chemicals market size was valued at USD 1.47 billion in 2017 and is expected to reach USD 1.89 billion by 2025, growing at a CAGR of 3.5% from 2017 to 2025. The growth in the alkalinity control chemicals market is primarily driven by the increasing demand for treated water in various end-use industries.

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Alkalinity control chemicals are basically concentrated alkaline solutions designed to regulate the alkalinity of boiler water. Alkalinity control chemicals also prevent corrosion and assist in the conversion of hard scale deposits to soft and non-sticking mud. These chemicals possess various advantages; they are convenient and ready to use, can be mixed with other treatment chemicals and do not release carbon dioxide, as in the case of soda ash.

It is essential to utilize chemical treatments for water as impurities can affect the necessary parts and accessories of boilers. With the rising utilization of alkalinity control chemicals, their demand is estimated to grow significantly across various industries over the forecast period. Alkalinity control chemicals are the most convenient liquid treatments that provide basic alkalinity for scale control and optimum corrosion. Further, they can be utilized as neutralisers after acid cleaning operations in different systems.

Global Alkalinity Control Chemicals Market: Segmentation

Based on product type
  • Acids
    • Hydrochloric Acid
    • Sulphuric Acid
    • Acetic Acid
    • Citric Acid
    • Sulphamic Acid
    • Others
  • Bases
    • Caustic Soda
    • Hydrated Lime
    • Sodium bicarbonate
    • Caustic Potash
    • Others
Based on application
  • Boilers
  • Cooling Systems
  • Others

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Global Alkalinity Control Chemicals Market: Dynamics

In order to ensure the suitable working of equipment in industries, such as boilers and cooling systems, the water feed is treated with various agents and chemicals, which leads to optimized steam generation. The quality of water with respect to alkalinity level differs with respect to the source feed. Further, growing demand for boilers and other equipment in industrial, commercial and manufacturing sectors propels a rise in the demand for alkalinity control chemicals. This, in turn, pushes growth of the global alkalinity control chemicals market over the forecast period.

Moreover, stricter regulations are being put by various governmental regulatory authorities on the utilization and manufacturing of boilers in order to ensure their controlled and safe operation. Regulatory authorities perform regular inspection activities to ensure healthy operating conditions in boilers, making it mandatory for operators to keep them safe. Alkalinity control chemicals also help in increasing the life of equipment by preventing them from corrosion. On the other hand, significant costs and availability of alternative chemicals are key factors restraining growth of the alkalinity control chemicals market over the forecast period.

Global Alkalinity Control Chemicals Market: Region-wise Outlook

On the basis of geography, key manufacturers of alkalinity control chemicals are based in developed economies, including the U.S. and Germany. Attributing to rapid industrialization and rising demand for boilers from the industrial sector in India and China, the Asia-Pacific region is expected to witness a boost in the demand for alkalinity control chemicals. The demand for alkalinity control chemicals is on the slower side in the Middle East & Africa and Latin America region.

Global Alkalinity Control Chemicals Market: Market Participants

Examples of some of the market participants identified across the value chain of the global alkalinity control chemicals market include Schlumberger Limited, Accepta, Wilhelmsen Group Company, IXOM, ChemTreat, GE Corporation, Canada Colors and Chemicals Limited, BASF SE, ZEEL PRODUCT and others.

The global alkalinity control chemicals market is one of the most fragmented markets as a large number of players are involved in the manufacturing of these chemicals.

The research report presents a comprehensive assessment of the market and contains thoughtful insights, facts, historical data, and statistically supported and industry-validated market data. It also contains projections using a suitable set of assumptions and methodologies. The research report provides analysis and information according to market segments such as geographies, application, and industry.

The report covers exhaust analysis on:

  • Market Segments
  • Market Dynamics
  • Market Size
  • Supply & Demand
  • Current Trends/Issues/Challenges
  • Competition & Companies involved
  • Technology
  • Value Chain

Regional analysis includes:

  • North America (U.S., Canada)
  • Latin America (Mexico. Brazil)
  • Western Europe (Germany, Italy, France, U.K, Spain)
  • Eastern Europe (Poland, Russia)
  • Asia Pacific (China, India, ASEAN, Australia & New Zealand)
  • Japan
  • Middle East and Africa (GCC Countries, S. Africa, Northern Africa)

Report Highlights:

  • Detailed overview of parent market
  • Changing market dynamics in the industry
  • In-depth market segmentation
  • Historical, current, and projected market size in terms of volume and value
  • Recent industry trends and developments
  • Competitive landscape
  • Strategies of key players and products offered
  • Potential and niche segments, geographical regions exhibiting promising growth
  • A neutral perspective on market performance
  • Must-have information for market players to sustain and enhance their market footprint

Click on the link to pre-book the report: https://www.persistencemarketresearch.com/checkout/18955

Related Reports –

About us:

The Chemicals and Materials division of Persistence Market Research offers distinct and pin-point analysis about chemicals and materials industry. Chemical coverage extends from commodity, bulk, specialty and petrochemicals to advanced materials, composites and nanotechnology in particular with special emphasis on ‘green alternatives’, recycling and renewable technology developments, supply-demand-trade assessment. Our research studies are widely referred by chemical manufacturers, research institutions, channel partners and government bodies for developing – ‘The Way Forward’. 

Contact us:

Persistence Market Research

Address – 305 Broadway, 7th Floor, New York City,

NY 10007 United States

U.S. Ph. – +1-646-568-7751

USA-Canada Toll-free – +1 800-961-0353

Sales – sales@persistencemarketresearch.com

Global Economizers Market Analysis and Forecast (2023-2025): CAGR 9.9% Growth Trends, Drivers, Restraints, Opportunities, and Competitive Landscape

Global Industry Analysis

An economizer is an energy-efficient device used to reduce energy consumption and costs in heating, ventilation, and air conditioning (HVAC) systems. The device works by using the excess heat in the flue gas to preheat the incoming air, which reduces the load on the HVAC system. Economizers are commonly used in industrial and commercial buildings to improve energy efficiency and reduce greenhouse gas emissions. In this report, we will provide an overview of the global economizers market, including market size, key players, and trends.

Market Size:

According to a report by Persistence Market Research, the global economizers market is projected to grow from USD 7.1 billion in 2017 to USD 11.4 billion by 2025, at a CAGR of 9.9% during the forecast period. The increasing adoption of HVAC systems in residential, commercial, and industrial applications is driving the growth of the economizers market.

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Economizers offer numerous benefits, such as waste heat recovery and reduction of carbon emissions. These economizers also help in cooling gases in power plants prior to desulphurization. Thus, economizers help in cost reduction and water conservation. Improved and more efficient economizers are being developed to further improve the efficiency of the process.

Global Economizers Market Dynamics

Increasing government regulations aiming to minimize fuel consumption and to ensure energy conservation have led to the growth of the global economizers market over the recent past. Reportedly, use of economizers enhances the fuel economy by around 5-7%.

They also help in achieving a general reduction in cost and improved operational efficiency. Moreover, the rapid growth in the end use industries, such as construction, power generation, especially in the developing regions with rising urbanization and industrialization, is another major factor driving the growth of the market.

However, economizers are susceptible to corrosion which further results in economizer tube failure. Also, in some cases, condensation of flue gases can lead to the formation of acids, which eventually leads to cracking and corrosion problems in economizers. De-aerator cracking, fuel line erosion and overheating are some of the other major challenges that are encountered in economizers. Thus, economizers necessitate regular maintenance.

Significant research and development efforts are being made to create energy efficient and advanced economizers. Newly developed modulating powered economizers have a variable speed fan which is used for high flue gas temperatures and for condensation applications.

These economizers efficiently serve multiple boilers, omitting the need for installation of an economizer for every single system. Additionally, in the current scenario, sensors and actuators are being used in economizers to improve process efficiency and to detect and remove failures at the earliest. Moreover, manufacturers, these days, are designing customized economizers made from specific materials to cater to specific requirements and respective working conditions.

Global Economizers Market Segmentation

Basis of type of product type
  • Fluid/ water side economizer
  • Air side economizer
    • Traditional economizer
    • Modulating powered economizers
Basis of application
  • Boilers
  • Industrial and commercial Refrigeration systems
  • Power generation systems
  • Data center processing
  • HVAC systems
  • Others
Basis of sales channel
  • OEM
  • Aftermarket

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Global Economizers Market: Regional Outlook

The Asia Pacific region is projected to dominate the global economizers market owing to the growing demand from the new power generation plants, construction sector and due to the rapid industrialization in countries, such as India. North America and Europe, together, represent a significant share in the global economizers market owing to stringent regulations regarding energy conservation, increasing emphasis on use of renewable sources of energy and efforts towards reduction of harmful carbon emissions.

Latin America is projected to witness significant growth during the latter half of the forecast period. This can be attributed to increasing investments in the region aiming towards the growth of various end use industries. Middle East and Africa is projected to grow at a steady rate over the forecast period.

Global Economizers Market Participants

Some of the market participants identified across the value chain in global economizers market are:

Johnson Controls, Honeywell International Inc., Thermax Limited, SAACKE GmbH, Alfa Laval AB, Cleaver-Brooks, SECESPOL Sp. z o.o., Sofame Technologies Inc, Kelvion Holding GmbH, Clyde Bergemann Australia, and Green’s Power, among others.

The research report presents a comprehensive assessment of the market and contains thoughtful insights, facts, historical data, and statistically supported and industry-validated market data. It also contains projections using a suitable set of assumptions and methodologies. The research report provides analysis and information according to market segments such as geographies, application, and product types.

The report covers exhaust analysis on:

  • Market Segments
  • Market Dynamics
  • Market Size
  • Supply & Demand
  • Current Trends/Issues/Challenges
  • Competition & Companies involved
  • Technology
  • Value Chain

Regional analysis includes:

  • North America (U.S., Canada)
  • Latin America (Mexico. Brazil)
  • Western Europe (Germany, Italy, France, U.K, Spain)
  • Eastern Europe (Poland, Russia)
  • Asia Pacific (China, India, ASEAN, Australia & New Zealand)
  • Japan
  • Middle East and Africa (GCC Countries, S. Africa, Northern Africa)

Report Highlights:

  • Detailed overview of parent market
  • Changing market dynamics in the industry
  • In-depth market segmentation
  • Historical, current, and projected market size in terms of volume and value
  • Recent industry trends and developments
  • Competitive landscape
  • Strategies of key players and products offered
  • Potential and niche segments, geographical regions exhibiting promising growth
  • A neutral perspective on market performance
  • Must-have information for market players to sustain and enhance their market footprint

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Portable Firewood Processors Market 2023 Global Analysis by Types, Countries and Manufacturers to 2031

The market is expected to grow due to the increasing demand for firewood as a renewable energy source and the rising popularity of outdoor activities such as camping and hiking. The market is also driven by the increasing focus on sustainable forestry practices and the need for efficient wood processing equipment to meet demand.Click Here to Get Free Sample Copy of this Report @https://www.persistencemarketresearch.com/samples/29266According to PMR, the global market for Portable Firewood Processors is projected to develop at a CAGR of about 2% between 2019 and 2029 and reach US$ 300 Mn by that time.Key Companies-

  • CORD KING
  • HAKKI PILKE / MAASELÄN KONE OY
  • DYNA Products
  • YLISTARON TERÄSTAKOMO OY
  • TAJFUN Planina doo
  • RABAUD S.A.
  • Multitek North America LLC
  • Fuelwood (Warwick) Limited
  • Officine Costruzioni Meccaniche S.p.A.
  • Wallenstein Equipment Inc.
  • Hud-Son Forest Equipment
  • Halverson Wood Products
  • Wood-Mizer LLC
  • Agromaster Oy
  • Farmi Forest Corporation and more

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Market Dynamics:

The Portable Firewood Processors Market is driven by the increasing demand for efficient and portable wood processing equipment, rising demand for firewood as a renewable energy source, and growing popularity of outdoor activities such as camping and hiking. The market is also driven by the increasing focus on sustainable forestry practices and the need for efficient wood processing equipment to meet demand.

However, the market is hindered by the high cost of portable firewood processors and the availability of low-cost alternatives such as traditional chainsaws and manual wood processing tools. Moreover, the maintenance and repair of portable firewood processors require specialized training and facilities, which may limit the market’s growth in some regions.

Regional Analysis:

North America is expected to dominate the Portable Firewood Processors Market, followed by Europe and Asia Pacific. The region’s growth can be attributed to the increasing demand for firewood as a renewable energy source and the presence of key market players in the region. The Asia Pacific region is expected to experience the highest growth due to the increasing demand for portable wood processing equipment in forestry operations and farming.

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Firewood Processor Market – Segmentation

Log Diameter    

  • Less than 10 inch
  • 10 inch to 15 inch
  • More than 15 inch

Product Type    

  • Portable
  • Stationary

Drive Type         

  • Tractor Hydraulics
  • Electric Motor
  • Tractor PTO
  • Combustion Engine

Power Source   

  • Gasoline
  • Diesel
  • Electric

Region 

  • North America
  • Latin America
  • Europe
  • South Asia
  • East Asia
  • Oceania
  • MEA

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Turf Care Equipment Market

Switchgear Monitoring Systems Market

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Cantaloupe Market Trend, CAGR Status, Growth, Analysis and Forecast Through 2025

Cantaloupe Market

A study by PMR concludes that, Cantaloupe Market: Global Opportunities, Challenges, Strategies and Forecasts 2025” has been added on Persistence Market Research.

Cantaloupe, also known as muskmelon is one of the most popular forms of melon in the United States and is grown widely in California as well as throughout Europe, although the original source of cantaloupe was actually in Africa, Iran, and India. It is a member of the Cucurbitacaea family and can grow anywhere from 500g to 5kg (1-10 pounds) heavy. The North American variety is actually closely related to muskmelon, but it has adopted the European name of cantaloupe for all intents and purposes. Some of the important biological elements present in the cantaloupe include niacin, dietary fiber, potassium, folic acid and vitamins such as vitamin C, A, and vitamin B6. Cantaloupe, besides being consumed as a delicious fruit has a wide variety of associated health benefits, including healthy skin and eyes, reduced chances of cancer, healthy lungs, and decreased stress levels. It also strengthens the immune system, prevents arthritis and aids in managing diabetes. These attributes are mainly due to the high levels of vitamins and minerals that naturally occur in this popular melon on the backdrop of which the global cantaloupe market is on the rise and growing at a healthy CAGR.

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Segmentation:-

The cantaloupe market is segmented on the basis of type, nature, application, distribution channels. On the basis of type, the cantaloupe market can be segmented into powder, liquid concentrate, and whole. The whole form of cantaloupe can be consumed as whole fruit, either fresh or frozen dried after processing. The powder form of cantaloupe is gaining widespread acknowledgement on the backdrop of it being used as ingredient in food & beverage applications as well as in dietary supplements post encapsulation.

On the basis of nat ure, the global cantaloupe market can be segmented into organic & conventional. The organic food virtually eliminates the risk of chemical residues but this is not its main advantage over conventional products.

The cantaloupe market can also be segmented on the basis of application into food & beverage, cosmetics & personal care, dietary supplements, and others. Owing to the increase of the health conscious population, the all-natural alternatives of pharmaceuticals are thriving equally affecting the expansion of the cantaloupe containing dietary supplements.

The global cantaloupe market is segmented on the basis of the end use which includes retail and industrial. The retail segment is further sub-segmented as distribution channel which includes online stores, hypermarkets/supermarkets, specialized drug stores, and convenience stores.

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Global market drivers and restraints:-

The global cantaloupe market is primarily rising on the backdrop of its health benefits and its capabilities such as to prevent cancer owing to the presence of beta-carotene, an essential carotenoid that the body requires which is not only a precursor to vitamin A, but it also has been shown to act as a powerful antioxidant. The cantaloupe is also responsible to boost immunity on the account of the presence of vitamin C scavenges disease-causing free radicals and acts as an important line of defense for a healthy immune system. Also, vitamin C stimulates the production of white blood cells, which seek out and destroy dangerous bacteria, viruses, and other toxic substances or foreign bodies that may have found their way into our bloodstream. The cantaloupe market is also being driven by its capability to reduce stress and anxiety owing to the potassium it contains which has been connected to being a vasodilator, which means that it relaxes the blood vessels and reduces blood pressure. The cantaloupe has also been associated to control diabetes by improving insulin metabolism, which means a more stable fluctuation of blood sugar, preventing the dangerous spikes and plunges of blood sugar that all diabetics fear. It has also been shown to reduce oxidative stress on the kidneys, which can further prevent a number of kidney-related diseases. Other characteristics of the cantaloupe involve treating arthritis, aid in digestion, and the like.

Regional Outlook:-

On the basis of region, the market in North America and Europe is expected to dominate over the forecast period followed by Asia-Pacific. A large number of consumer base has been developed in North America for the utilization of cantaloupe as a natural alternative for health issues which is anticipated to increase the growth of cantaloupe market in the region. Increase local players in Asia-Pacific region are anticipated to a high procurement of the products in the region. Asia is expected to become a prominent player by the end of the forecast period with a significant CAGR attributed to the growth in nutraceuticals and food & beverage industry in the region.

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Major Key players:-

  • Bluebonnet Nutrition Corporation
  • Mello drinks
  • Eclectic Lady, Inc
  • Crispy Green Inc.

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Sodium aluminum silicate Market to grow significantly witnessing a CAGR

Global Sodium aluminum silicate Market: Introduction

Sodium aluminum silicate is a compound and is a series of unstructured hydrated sodium aluminum silicate with variable proportions of Na2O, Al2O3, and SiO2. Sodium aluminum silicate is manufactured by precipitation process and reacting aluminum sulfate and sodium silicate.

The functional uses of sodium aluminum silicate are anticaking agent. Sodium aluminum silicate is a food additive which the manufacturers are using to improve the quality of the product. The compound helps in improving the aspects of food, such as color, texture, flavor, and shelf life.

Sodium aluminum silicate transpires naturally. It is the salt of the mixture of silicon, sodium, aluminum, and oxygen. For the usage in food, it is manufactured unnaturally in a variation of chemical compositions according to numerous applications.

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Global Sodium aluminum silicate Market: Drivers and Restraints

Food grade Sodium aluminum silicates are used as the food additive due to the rising demand for the food & beverages. The food grade Sodium aluminum silicates are used as food additives they have the properties such as protecting capacity sequestration and water retention capability. Another factor, driving the Sodium aluminum silicate market is the increase in demand from the developing countries owing to the changing customer preference and the increasing spending capacity of individual consumers in these regions.

Increasing crop production has further enhanced the sales for Sodium aluminum silicate market. Other factors such as the growth in meat consumption owing to rising demand for animal feed, rising demand for water treatment chemicals are few other factors driving the sales for Sodium aluminum silicate market.

However, the greatest challenge in the global Sodium aluminum silicate market is the diminishing supply of phosphate. Another major challenge in the market is the stringent regulations related to the usage of Sodium aluminum silicate in detergents.

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Global Sodium aluminum silicate Market: Segmentation

The global Sodium aluminum silicate market is segmented by application into:

  • Food & Beverages
  • Fertilizers
  • Detergents
  • Metal finishing
  • Water treatment chemicals
  • Personal care

Global Sodium aluminum silicate Market: Segmentation Overview

The global Sodium aluminum silicate market is segmented majorly into two segments namely, by application and by source. By application, the segment is further sub-segmented into food & beverages, personal care, fertilizers, detergents, metal finishing, and water treatment chemicals.

The fertilizer segment is anticipated to account for the largest share. The primary reason being the need for higher agricultural production on the limited available arable land is expected to enhance the sales for Sodium aluminum silicate for the manufacture of fertilizers.

Sodium aluminum silicates are also increasingly being used in the skincare products as it acts as a buffering agent. Moreover, the ingredient ensures the pH level of skincare or cosmetics products which

Global Sodium aluminum silicate Market: Regional Outlook

The global Sodium aluminum silicate market is segmented by regions into North America, Latin America, Western Europe, Eastern Europe, Middle East & Africa (MEA), Asia-Pacific excluding Japan (APEJ), and Japan.   The Asia-Pacific region phosphate market is expected to witness the highest CAGR during the forecast period.

The growing population in the region along with the increasing demand for food amongst the consumers is one of the primary driver driving the Sodium aluminum silicate market in the region. India and China are the key countries where the market is expected to enhance owing to the vast population and the demand for processed food.

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Global Sodium aluminum silicate Market: Prominent vendors   

Few of the prominent players in the global Sodium aluminum silicate market are BASF, Dow, Mitsui Chemicals, DuPont, Lanxess, Bayer, Albemarle, among others. Few of the strategies adopted by the key players in the market are partnership and collaboration with other operators, expansion into the untapped market, and joint ventures with the organizations in emerging countries to gain the strong foothold in the market.

To ensure product differentiation and to acquire a considerable share of the market, major vendors are adopting creative strategies and are constantly developing innovative products. Most of the major Sodium aluminum silicate manufacturers concentrate on capitalizing their funds to maintain applications and technical marketing groups are appointed to serve the ever-changing needs of clients.

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Glutathione Market Opportunity Assessment Study

Glutathione Market

A study by PMR concludes that,Glutathione Market: Global Opportunities, Challenges, Strategies and Forecasts 2025” has been added on Persistence Market Research.

Glutathione is an essential antioxidant found in animals, plants, fungi, and other bacteria and archaea. Glutathione is capable of preventing damage to the important cellular components. It is a protein composed of three amino acids, and are sold as dietary supplements. It is an essential antioxidant, glutathione which is involved in DNA synthesis, immunity, and sperm formulation, amongst others. Glutathione is one of the most important antioxidant presents in the cell. It has various other functions such as detoxification of xenobiotic and much more. The main advantages of glutathione are antioxidant support, detoxification, immune support, skin brightening and sports nutrition. Glutathione protects the cells from oxidative stress and supports the body’s detoxification process. The increased demand for these supplements is to increase body’s storage of glutathione.

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Glutathione Market: Dynamics

The primary driver driving the global glutathione market is the antioxidant function. Both reduced as well as oxidized states are rich in antioxidants. Another primary function is detoxification, and this has also surged the demand for glutathione and is expected to boost the sales over the forecast period.

Glutathione based cosmetics are also gaining traction in the market owing to the various end use applications. For instance, there are various benefits of glutathione soaps, and these include the ingredient helps in restoring the age, helps in getting rid of the uneven skin color and pigmentation problems, helps in brighter and healthy skin.

Further, glutathione supplements are also gaining traction in the market.  One of the challenges pertaining to the market is the side effects of glutathione. Glutathione has milk based proteins, and this can affect the consumers who are milk or lactose allergic and therefore avoid consuming these supplements.

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Glutathione Market: Segmentation

application into:
  • Food and beverage
  • Personal care products
  • Pharmaceuticals
  • Health Products
  • Others
products into:
  • Glutathione Oxidized
  • Glutathione Reduced

Glutathione Market: Regional Outlook

Depending on a geographic region’s global glutathione market is segmented into seven broad regions: North America, Latin America, Western Europe, Eastern Europe, Asia Pacific Excluding Japan, Japan, and Middle East Africa.

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Glutathione Market: Key Players

Some of the players identified across the value chain of the global glutathione market include KYOWA HAKKO BIO CO., LTD. , Parchem fine & specialty chemicals. , Jarrow Formulas, Inc., NOW, Brandon Products Ltd.,   Shenzhen GSH Bio-tech, Kaiping Genuine Biochemical Pharmaceutical., Kohjin Life Sciences, and amongst others.

Few of the strategies adopted by the key players in the market are partnership and collaboration with other operators, expansion into the untapped market, and joint ventures with the organizations in emerging countries to gain the strong foothold in the market.  To ensure product differentiation and to acquire a considerable share of the market, major vendors are adopting creative strategies and are constantly developing innovative products.

The research report presents a comprehensive assessment of the market and contains thoughtful insights, facts, historical data, and statistically supported and industry-validated market data. It also includes projections using a suitable set of assumptions and methodologies. The research report provides analysis and information according to market segments such as geographies, and application.

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The Food & Beverage team at Persistence Market Research provides all the necessary insights and consulting analysis to fulfil the unique business intelligence needs of clients worldwide. With a catalogue of more than 500 reports pertaining to the latest statistics and analysis from the food & beverage industry, the team is happy to help with every business intelligence research and consulting requirement.

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Security Ink Market Size & Trends Research Analysis: Facts & Factors

Security Ink Market

A study by PMR concludes that,Security Ink Market: Global Opportunities, Challenges, Strategies and Forecasts 2030” has been added on Persistence Market Research.

Security ink can be classified into tamper detection inks and instant verification inks depending on whether they are meant to protect or authenticate documents. Security inks such as magnetic ink, invisible ink, optically variable ink, secondary fluorescing ink fall, thermo-chromic ink, biometric ink, reactive ink, and water based ink within these categories.

Security inks are used for a variety of government documents such as stamp papers, passports, certificates, identity cards, etc; they are also used in printing of currency notes. In the corporate sector, security inks are used while printing bank checks, labels and sensitive company documents.

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Competition Landscape

The security ink market is a fragmented market due to a plethora of players spread across the world’s different geographical regions. One reason for this is government regulations in certain countries on imports of security inks by private firms since they are a sensitive technology that can be used for forgery or other malpractices.

Concerns over duplication of security inks has been a top concern for manufacturers and most R&D has been aimed at producing inks that cannot be replicated. Current research trends have been focussed on developing security ink that is visible under florescent microplate readers but invisible in ultraviolet and ambient light.

Some of the key players in the security ink market include Microtrace, SICPA, Sun Chemical, CTI, Gleitsmann Security Inks, Letong Ink, Cronite, Kao Collins, Chromatic Technologies, Eastman Kodak, Ink Tec, Gans, Villager Security Solutions, Pingwei, Shojudo, Luminescence, HOLDING, Wancheng, Hologramas de Mexico, ANY, Jinpin, Mingbo, and Godo.

Some of the top manufacturers have also focussed on specific segments based on printing techniques, namely intaglio, offset, letterpress, numbering, silk screen and flexographic printing methods. However, most continue to operate across all these segments.

Certain manufacturers also produce invisible ink for individual consumers; Neomark’s Invisible UV ink and The Can King’s All Purpose Blue Invisible UV Ink are two such examples. However, the market segment for individual consumers is dominated by pens that are filled with security ink and manufacturers and vendors mainly focus on bulk supplies to invisible ink pen producers.

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Drivers of the Security Ink Market

The increased need for securing documents, checks, currency notes and other sensitive materials against counterfeiting has been a dominant driver for the security ink market. The overall increase in commercial activity has meanwhile driven the market in the commercial sector. In recent years, security ink has also been used by the commercial sector for gift vouchers and lottery and elite-event tickets.

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Impact of Covid-19

While Covid-19 may have an impact on global commercial activity, it will not offset the need for security of documents. In fact, the rise of illegal activities in the aftermath of the pandemic may lead to greater spending on security ink and affiliated technologies. As a result, the security ink market will continue following a strong growth curve.

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UV Sterilizer Pouch Market Trends & Dynamics

UV Sterilizer Pouch Market

A study by PMR concludes that, UV Sterilizer Pouch Market: Global Opportunities, Challenges, Strategies and Forecasts 2030” has been added on Persistence Market Research.

Ultraviolet (UV) radiation has emerged as a quick and effective way to eliminate microbes and pathogens such as bacteria and viruses. UV sterilizer pouches are easy to carry bags that use UV technology to sterilize daily-use products like cell phones, stationery, children’s toys, feeding bottles, underwear, toiletries, etc. These products need to be placed in the pouch and the UV rays need to be activated to ensure effective sterilization.

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Competition Landscape

The UV sterilizer pouch market has seen impressive growth in recent and many firms have sought to capitalise on this trend. This has led to market fragmentation. Further fragmentation of the market is likely as the market is slated to expand significantly.

Most players in UV sterilizer pouch market are primarily focussed on affiliated UV technologies. However, the market’s growth is likely to lead to some players specialising in UV sterilizer pouches in the near future. Several of the key players in the market are based in East Asia, especially China.

Key players in the UV sterilizer pouch market include Seoul Viosys, 59s.us, Shenzhen UV Guard Technology, bvibe.com, Guangdong Liangyueliang Photoelectric Technology, ASDA Technology (Zhaoqing), Shenzhen Pvison Technology, HoMedics, Shenzhen Liangzan Optoelectronic and Shenzhen Jifushe Technology.

Use of Light Emitting Diodes (LEDs) in UV sterilizer pouches has rapidly gained popularity in the market due to its effectiveness and easy recharging capabilities. UV sterilization by use of LEDs was pioneered by Seoul Viosys and first used to sterilize vehicle interiors.

Some popular brands and products in the market include TookMag UV Light Sanitizer Bag, Hope C+ UV Sanitizer Bag, 59S’s UV Light Sanitizer Bag, Bestsin LED Light Bag, Exptolii Travel Bag LED Cleaner, JJ CARE UV Sterilizer Bag, among others.

Manufacturers and vendors have been pushing for intensive marketing tactics to highlight the advantages of UV sterilization over conventional means. For example, UV sterilization eliminates the need for chemical sterilizers that may be inadvertently imbibed, especially by children; UV sterilization is also faster and easier than conventional sterilizers.

Some UV sterilizer pouches are marketed as being conducive for travel and consist of reinforced outer coverings, whereas some others are marketed as being custom-made for Children’s products like feeding bottle, nipples, pacifiers and toys.

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Drivers of the UV Sterilizer Pouches Market

Growing awareness about the host of pathogens that inhabit human space, coupled with the need for a quick and effective solution, has been the leading driver for the market. Growing disposable incomes worldwide also meant that consumers were willing to spend on UV sterilizer pouches as compared to cheaper but more tedious sterilization options.

Impact of Covid-19

The UV sterilizer pouches market is one of the few markets that will be positively impacted by the Covid-19 pandemic. Reduced disposable incomes due to economic turmoil will be offset by health and hygiene corners, as has already been witnessed, thus leading to overall market growth.

The crisis is also likely to deepen the tariff war between the US and China; the ramifications of this may be felt by other states as well, who may in the years to come seek to reduce complex interdependency with China. This will provide an opportunity for new players to enter the market, thus leading to further fragmentation.

Region-Wise Analysis

North America accounted for the largest share in the UV sterilizer pouches market on account of its high standard of living and high average household incomes. It was followed by the European regional segment.

The East Asian segment had been the fastest growing regional segment owing to a rapidly expanding Chinese economy and high demand from the consolidated Tiger economies.

The South Asian segment was noticeably smaller, but also witnessed rapid growth. These regional segments are expected to grow phenomenally in the aftermath of Covid-19. Latin America, Oceania and the Middle East are other key regional segments.

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Segmentation:

By Type
  • Large Size
  • Small Size
By Application
  • Commercial Use
  • Household Use
By Distribution Channel
  • Offline
  • Online

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Herbal Toothpaste Market Supply Chain, Data Management, Analytics, Forecasting Through 2030

Herbal Toothpaste Market

A study by PMR concludes that, Herbal Toothpaste Market: Global Opportunities, Challenges, Strategies and Forecasts 2030” has been added on Persistence Market Research.

Toothpastes have been integral to oral hygiene. However, there has been a growing shift towards natural products, which has lent the herbal toothpastes market a credibility and steady growth rate. Herbal toothpastes contain extracts from plants such as cinnamon, neem, aloe vera, clove, babool, catechu, acacia, myrrh, eucalyptus, mulethi, majuphal, ginger, guava, mint, camphor, etc. They are considered eco-friendly and healthier products as compared to chemical-based toothpastes.

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Competition Landscape

The herbal toothpastes market is fragmented due to various players attempting to capture a percentage of the growing market share. This includes several US-based players like Colgate-Palmolive, Amway, Procter & Gamble, GlaxoSmithKline, etc. and India-based players such as Dabur, Vicco, Patanjali, etc.

Key players in the market include Colgate-Palmolive Company, Vicco Laboratories, Amway, Hindustan Unilever, Himalaya Wellness, Philan Herbomedix, Vita-Myr International, Amorepacific, Henkel AG & Co., Church & Dwight, GlaxoSmithKline, WinWiz Healthcare, Leverayush, Procter & Gamble, Nature’s Gate & WorldPantry.com, Patanjali Ayurved and Dabur India.

Herbal toothpastes have proved especially beneficial in adding extended freshness to teeth, protecting teeth and soothing troubled gums. This had led to a significant increase in the market share of key players. Some of the notable brands of herbal toothpastes available in the market include Dant Kanti, Himalaya, Auromere, Beaueli, Crest, VIYA-MYR, Colgate Herbal, Desert Essence, ZenKinetix, Cibaca, Neem Active, etc.

Most of the herbal toothpaste players have been focusing on product launches, such as Colgate-Palmolive’s launch of Vedshakti in the Thai market, Amway’s launch of herbal toothpastes under Glister brand, Dabur’s 2017 launch of the Dabur Red brand.

Online distribution channels have been eclipsing traditional distribution channels. As a result, manufactures have been attempting to increase their online presence/ For example, Dabur partnered with Amazon, an e-commerce giant, to increase its footprint in the market.

At the same time, offline mediums too remain key for the market. Hence, Patanjali announced plans to begin operations at nearly 5,000 new stores in 2019, with a special eye on boosting the rural market segment in India.

Drivers of the Herbal Toothpaste Market

The herbal toothpastes marker has been driven by an increased emphasis towards oral health and the growing concerns with regard to ingestion of chemical products, especially those containing fluoride and artificial sweetener and colours. Globalisation, resulting in an increased affinity towards Indian cultural exports like yoga, Ayurveda and Unani medicine, have further driven the market.

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Impact of Covid-19

Though the Covid-19 pandemic is slated to adversely hit most global markets, oral health care is a core daily requirement that is unlikely to be forsaken. Furthermore, herbal toothpastes also remain completive in terms of pricing to chemical-based toothpastes.

However, the herbal toothpaste market may benefit from the tariff wars imminent as a result of the Covid-19 crisis, as countries may aim to reduce imports of chemical-based toothpastes that China has taken a lead in, thereby boosting the herbal toothpaste market.

Region-Wise Analysis

The South Asian regional segment has been dominating the herbal toothpaste market, led by India. This has been largely due to a perception of Indian traditional knowledge’s superiority over western consumerism. The South Asian regional segment’s growth is also speculated to be the highest due to the India government promoting production of indigenous products and increasing nationalistic tendencies.

The North American and European, led by the UK, regional segments have also seen substantial growth as a result of globalisation. This trend is likely to strengthen in the coming years as the geopolitical contestations of a Sino-India competition grow stronger, with North American and European markets tilting towards India and Indian products in the face of aggressive Chinese behaviour.

East Asia, especially countries like Japan, Taiwan and South Korea that harbour a strong threat perception from China, is also a strong prospective regional market segment. Latin America, Middle East and Africa, and Oceania are other key market segments.

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Segmentation

By Distribution Channel
  • General Store
  • Hypermarket & Supermarket
  • Pharmacy Store
  • Online Retail
  • Others
 By Ingredient Type
  • Neem
  • Mint
  • Basil
  • Spice Extract
  • Meswak
  • Others
By Application
  • Adults
  • Children
  • Babies

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Protein Hydrolysate Ingredients Market Current Trends and Top Advantage

Market Size and Growth:

Growth in global demand for specialty ingredients has led to the development of protein hydrolysate ingredients market which is projected to exceed a value of US$ 1 billion by 2018, expanding at remarkable CAGR of 7.3% through 2028.

Protein hydrolysate ingredients are the group of peptides derived from proteins. Protein hydrolysate are rich in protein content and are absorbed more quickly in comparison to other proteins. The different type of protein hydrolysate ingredients include milk protein hydrolysate and meat protein hydrolysate. These protein hydrolysate ingredients have relatively low antigenic properties. Protein hydrolysates ingredients enhance the digestibility and reduces the protein allergy especially in infants.

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Key Players in the Market:

Major Players that operate in protein hydrolysate ingredients market include Abbott Laboratories, Danone S.A., Davisco Foods International, Inc. Arla Foods Ingredients Group P/S, Kerry Group plc, Carbery Group.

Market Segmentation:

There are various form of protein hydrolysate ingredients available in the market. Protein Hydrolysate ingredients market can be segmented on the basis of ingredients, application and region. Based on ingredient type, the segmentation includes milk protein hydrolysate and meat protein hydrolysate. Milk protein hydrolysates are type of peptides derived from milk proteins. There are two main sources of milk protein hydrolysates that includes whey protein hydrolysates and casein hydrolysates. The protein hydrolysates ingredients most commonly used in nutritional products are casein, whey protein and soy protein. These ingredients are the type of peptides that possess high nutritional properties and are comparatively absorbed quickly than other types of protein or amino acids. In Protein hydrolysates market, milk hydrolysate is anticipated to exhibit robust growth in the next four to five years. This is due to the comparatively less preference of consumers for meat hydrolysates ingredients.

On the basis of application protein hydrolysate ingredient market is segmented into infant formula, clinical nutrition and sport and slimming food. Among all the segments infant formula is the fastest growing segment, which is anticipated to witness double digit growth over the forecasted period, followed by the sport nutrition and clinical nutrition. The protein hydrolysates market is studied across various regions that includes North America, Latin America, Western Europe, Eastern Europe, Asia Pacific excluding Japan, Japan and Middle East and Africa.

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Regional Analysis:

Protein hydrolysate Ingredients Market demand is anticipated to increase globally owing to the increasing number of health conscious consumers. Protein hydrolysate ingredients market is expected to exhibit strong growth in North America due to the increasing number of high affluent class people coupled with rising awareness of consumers regarding the health .In North America, U.S. is the most dominating market, followed by other European countries. There is increasing demand of Protein Hydrolysate Ingredients Market in U.S. due the increasing disposable income of consumers and also rising number of health conscious consumers. Furthermore, Europe is expected to exhibit consistent growth due to increasing production of milk in the European regions. However, Asia Pacific is expected to be the fastest growing market in the forthcoming years due the increasing investment of companies to launch new ingredients especially in infant formula segment. This trend is especially witnessed in China due to the increasing consumer interest in specialist nutrition. Protein hydrolysate ingredients market is growing drastically in China due to the increasing upper middle class population that supports the growth of protein hydrolysate ingredient rich products, which are higher in price.

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Protein hydrolysate ingredients market is witnessing healthy growth. This is due the increasing demand for protein hydrolysate ingredients by consumers owing to the health benefits coupled with nutritional benefits associated with it across developed regions. However, various factors that restrict the growth of protein hydrolysate ingredients market include less awareness among consumers regarding the health benefits associated with the consumption of protein hydrolysate ingredients in emerging economies.

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Natural Food Preservatives Market Expertz

Paramount concerns about the health threats posed by the harmful effects of chemical based food preservatives have been growing in the food and beverage industry. As a result, consumers are rapidly shifting towards natural food preservatives and altogether avoiding the usage of synthetic preservatives. With increased emphasis on the adoption of clean-label products, demand for the natural food preservatives has been substantially rising, owing to their extensive usage in the product formulations. This is expected to favorably influence the size of the global natural food preservatives market is expected, finds Persistence Market Research (PMR).

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Fast-track lifestyles and urbanization have influenced the food consumption behaviors of people, who exhibit a strong proclivity for ready-to-eat food products. Consumption of processed and packaged food in large quantities have created a demand for an extended shelf life of food products and beverages. As a consequence, the manufacturers of the natural food preservatives market have started devising appropriate methodologies for producing clean ingredients to retard the deterioration of food products, which is estimated to expand the size of the global natural food preservatives market.

Growing health concerns among the customers have hard pressed the governments of several countries, who, in turn, have imposed stringent regulations on the use of synthetic food preservatives and propagated adoption of natural food preservatives. This is yet another strong propeller for the growth of the global natural food preservatives market.

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Nascent Developments Witnessed by the Global Natural Food Preservatives Market to Reinforce the Growth Prospects

Neoteric technologies such as High Pressure Processing and Pulsed Electric Field incorporated for the food preservation are rapidly penetrating into the natural food preservatives market.

A leading player of the global natural food preservatives market recently developed flavonoids by genetically modifying yeast. These flavonoids when utilized to treat fruit juices and meat exhibit a retard in the food spoilage. A cohort of these trends and recent developments are estimated to draw a linear growth of the natural food preservatives market.

Excessive Production Cost of Natural Food Preservatives to Restrain the Growth of the Market

An interesting insight culled from the report states that the challenges prevalent in the market could limit the future growth prospects of the global natural food preservatives. Elevated price of the natural food preservatives as compared to the synthetic food preservatives have been a barrier to the sustained growth of the natural food preservatives market. Additionally, the mid-sized and small-sized manufacturers of natural food preservatives have restricted the production of these preservatives, on the back of the unaffordable manufacturing costs.

Traditionally incorporated processes to enhance the food shelf life by leveraging the preservatives derived from plants are gradually turning obsolete. Constantly fluctuating prices of raw materials such as vegetables, plants, and fruits have a visible impact on the growth of the global natural food preservatives market. A host of these factors could challenge the growth of the natural food preservatives market.

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Innovative Production Capabilities to Offer a Competitive Edge to the Manufacturers of the Global Natural Food Preservatives Market

According to the report on the global natural food preservatives market, the key players competing to maintain a strong foothold on the regional and global natural food preservatives market include E.I du Pont de Nemours, Dumoco Co. Ltd., Chr. Hansen Holding A/S, Chihon Biotechnology Co., Ltd., Merck KGaA, Wiley Organics, Inc. (Organic Technologies), Kemin Industries, Inc., ARJUNA NATURAL LTD., Koninklijke DSM N.V., MAYASAN Food Industries A.S., Archer Daniels Midland Company, Cayman Chemical Company, Inc., Kerry Group Plc, Siveele B.V., Naturex SA, Kalsec Inc., BTSA Biotechnologies Aplicadas, S.L., Zhengzhou Bianafo Bioengineering Co., Ltd., Handary S.A., Galactic S.A., Biosecur Lab, ITA FOOD IMPROVERS, Prasan Solutions, and Shangdong Freda Pharmaceutical Group Co., Ltd., among others.

Aforementioned innovations like flavonoids developed as natural food preservatives provide a competitive edge to the players of the global natural food preservatives market.

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Digital Experience Platform Market Is Encouraged to Reach $21 Billion by 2031 | Persistence Market Research

Digital Experience Platform

The Digital Experience Platform Market is projected to grow from US$ 10.1 Bn in 2020 to US$ 21 Bn by 2031, at an expected CAGR of 19.6% during the forecast period 2021-2031.

The digital experience platform market is a rapidly growing sector that offers businesses the tools and solutions they need to create engaging digital experiences for their customers. This report provides an overview of the DXP market, including its size, growth potential, key players, and trends.

Digital Experience Platform (DXP) is a platform that allow users to control and optimize their customers’ digital experiences across a vast range of digital touchpoints. These platform are used by organizations to deploy, build, and to upgrade their portals, websites, and other digital experiences. Customer data are collected and aggregated across a range of digital channels with the help of DXPs. Digital channels like web, mobile, and social media are now the dominant ways, where customers can interact with companies. Rising demand for big data analytics is driving the growth of DXP market globally.

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Recent Developments

In March 2019, Adobe partnered with ServiceNow, a leading cloud computing firm, to provide an industry-first solution for integrating digital experience data with customer data. It would enable customers to have seamless digital workflows and personalized CXs across all touchpoints.

In February 2019, IBM partnered with BUCKiTDREAM, US based provider of digital entertainment, e-commerce, media and entertainment solutions, to provide it with Watson Marketing for improved personalized brand engagement experiences for its customers. This partnership would analyze customer data patterns, thereby providing actionable insights for greater discovery and personalization to drive commerce conversions.

In January 2019, SAP acquired Qualtrics International, one of the global pioneers of the experience management software. This acquisition would help SAP accelerate the CX solutions by combining experience data and operational data.

In January 2019, Oracle launched Oracle Retail Xstore Office Cloud Service that offers enterprises greater inventory visibility and mobile reporting. This service would help retailers enhance customer engagement along with improving operational efficiency and creating a more responsive business model.

Key Players:

The DXP market is highly competitive, with numerous vendors offering solutions to businesses worldwide. Some of the top DXP vendors include Adobe Systems, Oracle, SAP, IBM, Microsoft, Salesforce, OpenText, SDL, Sitecore, Acquia, Jahia, Episerver, Squiz, BloomReach, Liferay, Kentico, Censhare, Others. These vendors offer a range of solutions tailored to meet the unique needs of businesses of all sizes and industries.

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Market Segmentation:

The global digital experience platform market can be segmented by component, deployment mode, organization size, vertical, and region. Based on component, the market can be segmented into platform and services. Based on deployment mode, the market can be segmented into cloud-based and on-premise. Based on organization size, the market can be segmented into small and medium-sized enterprises (SMEs) and large enterprises. Based on vertical, the market can be segmented into retail, healthcare, finance, and more.

By Component

Digital Experience Platform

  • Cloud Based
  • Op-Premises

Services

  • Professional Services
  • Managed Services

By Enterprise Size:

  • Small and Mid-Sized Enterprises (SMEs)
  • Large Enterprises

By End-use Industry

  • Retail
  • BFSI
  • Travel & Hospitality
  • IT & Telecom
  • Healthcare
  • Manufacturing
  • Media & Entertainment
  • Public Sectors
  • Others

Regional Analysis:

Asia-Pacific is going to witness the highest growth during the forecast period 2021-31 as there is an increase in adoption of technologies like cloud computing, Artificial Intelligence (AI) and analytics. Growing economy countries India and China are implementing the latest technologies, this too will contribute to the growth of the DXP market in the Asia-Pacific region.

The global digital experience platform market can be divided into North America, Europe, Asia-Pacific, and the Rest of the World. North America dominates the market, followed by Europe and Asia-Pacific. The increasing adoption of digital technologies, the presence of a large number of DXP vendors, and the growing demand for personalized digital experiences are the key factors driving the growth of the DXP market in these regions.

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Trends and Drivers:

The key trends driving the growth of the DXP market include the increasing demand for personalized and engaging digital experiences, the proliferation of digital channels, and the growing importance of customer experience in business success. The adoption of advanced technologies such as artificial intelligence (AI) and machine learning (ML) is also a key trend in the DXP market.

DXP channels can integrate marketing strategies across different platforms in a single software. With the adoption of DXPs companies are reaching to their customers through multiple digital devices, this is helping them to promote upselling and cross-selling.

Users can build and deliver optimized, integrated user experiences across various digital channels with the help of digital experience platform. It also helps in collecting and analyzing the customer buying behavior. Further, the platform creates a centralized view by unifying customer data obtained from multiple touchpoints, this significant factor is driving the growth of digital experience platform market.

The integration of technologies like Artificial Intelligence (AI), big data, and Machine Learning (ML) is creating many opportunities for providers to upgrade their DXPs. This too is helping the digital experience platforms market to grow in upcoming years.

The digital experience platform market is a rapidly growing sector that offers businesses the tools and solutions they need to create exceptional digital experiences for their customers. With the increasing demand for personalized and engaging digital experiences, the DXP market is poised for continued growth and innovation in the coming years. Businesses of all sizes and industries can benefit from DXP solutions to enhance customer engagement, loyalty, and revenue.

Check out more related studies published by Persistence Market Research:

Core HR Software Market

Customer Data Platform Market

Wireless Connectivity Software Market

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Packaging Additives Market Trend Shows A Rapid Growth

Report Description

The main objective of the report to offer key insights and recent developments in the Packaging Additives Market that are estimated to help transform global businesses. An executive summary on several categories of global packaging additives market has been detailed in the initial section of the report.

In the next section, the report includes an overview of drivers, restraints, and latest trends pertaining to the global packaging additives market, and identifies potential growth opportunities for manufacturers of packaging additives. Impact analysis on drivers and trends influencing the growth of packaging additives market is also included in order to provide the report audience with better decision-making insights. For comprehensive understanding of the global packaging additives market, the report offers analysis of the popularity of market segments and an attractive index on the same, which shows the attractiveness of the global packaging additives market on the basis of key parameters such as CAGR and incremental opportunity. Further, to demonstrate packaging additives market performance in each region and respective countries, analysis of BPS and Y-o-Y growth of the market is mentioned in the report.

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Key Players:

  • PPG Industries Inc
  • Lubrizol Corporation
  • Huber Group
  • Flint Group
  • ColorMatrix Group
  • BASF SE
  • Arkema
  • ALTANA Group
  • AkzoNobel N.V.
  • Henkel
  • Sun Chemical Corporation
  • Valspar Corporation
  • Wacker Chemie AG
  • Evonik
  • Songwon Industrial Co. Ltd
  • Cytec Solvay Group
  • ADEKA Corporation
  • Clariant
  • Addivant

Leading market participants for packaging additives are concentrating on new product developments and organic and inorganic strategies of expansion, including mergers and acquisitions. International businesses have also launched a number of attempts to persuade consumers to use different packaging additives.

One of the major competitors in the packaging additives market, BASF, committed more than €200 million in new plant building in Shanghai, China, and global packaging additive production network expansion in March 2017. The price of two classes of packaging chemicals, including flame retardants, light stabilisers, antioxidants, and others, was raised by the corporation the following year.

2015 saw the completion of PolyOne’s acquisition of the highly specialised company Color Matrix Group, Inc., which uses cutting-edge additive technology and occupies a significant market share for liquid colour concentrates and additives.

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Research Methodology

To calculate the market size of packaging additives based on both value and volume, revenue generated by the leading manufacturers and their respective production capacity are considered. The forecast presented in the report analyses the overall value generated across various segments of global packaging additives market. To offer an accurate forecast, the study on global packaging additives market is initiated by sizing the current market which helps predict the future development of global packaging additives market. Further, for understanding market predictability and identifying the lucrative opportunities across it, analysis of the global packaging additives market based on parameters such as y-o-y growth rates are taken into consideration.

Individual segment of the global packaging additives market is assessed by basis point share (BPS) to predict their relative contribution to the market growth. Another important feature considered in the study is the analysis of global packaging additives market segments on the basis of absolute dollar opportunity.

The study also develops an attractiveness index for better understanding of key market segments on the basis of growth and adoption of packaging additives across different regions, which further help suppliers identify real opportunities present in the global packaging additives market.

In the final section, the report offers a dashboard view of leading companies operating in the manufacturing of packaging additives for comparing the current industrial environment and their relative contribution to the overall growth of global packaging additives market. The report is primarily developed to provide its audience with an objective and comparative analyses of leading providers particular to each market segment. Readers can further gain detailed insights on segment-specific suppliers that help identify and evaluate key competitors based on their capabilities and success in the overall market of packaging additives.

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 Table of Content

  • Global Economic Outlook
  • Global Packaging Additives Market Overview
  • Global Packaging Additives Market Taxonom
  • Global Packaging Additives Market Definition
  • Global Packaging Additives Market Size (US$ Mn) and Forecast, 2013-2027
  • Global Packaging Additives Market Y-o-Y Growth
  • Global Packaging Additives Market Dynamics

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The Glycobiology Market to see digitized data collection at a CAGR of 15.5%

The Glycobiology Market is all set to create greater strides for the Glycobiology Market in the upcoming period. Big data analytics is flowing through the veins of the healthcare vertical these days. This practice helps in providing better insights to healthcare practitioners. The healthcare vertical has started depending on analytics’ expertise for deciphering data collected through various sources and monitoring processes’ efficiency.

Glycobiology is a branch of biology that studies the structure, biosynthesis, and functions of carbohydrates, also known as glycans, in living organisms. Carbohydrates play important roles in various biological processes, including cell signaling, immune response, and disease development. The global glycobiology market is expected to grow due to the increasing prevalence of chronic diseases, such as cancer and diabetes, and the rising demand for personalized medicine.

Extensive research related to carbohydrate molecules in various fields such as marine science and food & beverages is expected to fuel the growth of the global glycobiology market over the period of 2020 to 2030. With most stakeholders present in North America, the market in the region will hold sway throughout the forecast period.

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The global glycobiology market is expected to expand at an impressive CAGR of nearly 13% from 2020 to 2030, and reach a valuation of around US$ 3.5 Bn by the end of 2030, according to a new report by Persistence Market Research (PMR).

Company Profiles:

  • Merck KGaA
  • Bio-Techne Corporation
  • User Corporation
  • Thermo Fisher Scientific, Inc.
  • Shimadzu Corporation
  • ProZyme Inc.
  • NEB Inc.
  • Agilent Technologies
  • New England Biolabs
  • Takara Bio
  • Waters Corporation
  • Danaher Corporation

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glycobiology market

Key Takeaways from Glycobiology Market Study

  • On the basis of product, the enzymes segment is expected to dominate the market through the forecast period, and is anticipated to be the most lucrative segment. Due to high adoption of enzymes to conduct various research initiatives, this segment is expected to witness high incremental opportunity, globally.
  • On the basis of application, the drug discovery and development segment is expected to dominate the market, and is anticipated to be the most lucrative segment over the forecast period.
  • On the basis of end user, the biopharmaceutical companies segment is expected to account for the highest revenue share in the global glycobiology market, and is expected to witness the fastest growth over the forecast period. Factors such as increasing demand for novel drug development, especially for chronic diseases such as cancer and diabetes, are expected to boost revenue share contribution from biopharmaceutical companies. Research laboratories are also expected to register significant growth during the forecast period.
  • North America will lead the growth of the global glycobiology market through 2030, followed by the market in Europe.

“Due to the COVID-19 pandemic, industrial and academic research related to cancer and diabetes has slowed down, which will slow down the growth of the glycobiology market to some extent in the near term,” says a PMR analyst.

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What Else is in the Report?

Persistence Market Research offers a unique perspective and actionable insights on the glycobiology market in its latest study, presenting historical demand assessment of 20152019 and projections for the years 20202030. Research of this report has been done based on segmentation into product (instruments, enzymes, consumables, and reagent kits), enzyme (galactosidases, glcnac transferases, and others), application (drug discovery and development, diagnostic applications, industrial applications, therapeutic applications, and others), and end user (biopharmaceutical companies, research laboratories, hospitals, diagnostic centers, contract research organizations, biotechnology industries, academic institutes, and others), across seven key regions of the world.

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Persistence Market Research is a U.S.-based full-service market intelligence firm specializing in syndicated research, custom research, and consulting services. Persistence Market Research boasts market research expertise across the Healthcare, Chemicals and Materials, Technology and Media, Energy and Mining, Food and Beverages, Semiconductor and Electronics, Consumer Goods, and Shipping and Transportation industries. The company draws from its multi-disciplinary capabilities and high-pedigree team of analysts to share data that precisely corresponds to clients’ business needs.

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AI-powered algorithms to drive the Pediatric Hearing Aids Market at a CAGR of 5.3%

Challenges pertaining to healthcare like optimization of costs of care along with facilitation of personalized interventions and shippable services do persist, but the changes are expected to surface soon. The pandemic has had its ramifications, especially with various responses from insurance and medical organizations. This has also impacted the changing regulatory mandates and standards. The research regarding healthcare is moving along these dimensions. This would be the behaviour of healthcare research vertical in the near future.

Pediatric hearing aids are medical devices designed to amplify sounds for children with hearing loss. The global market for pediatric hearing aids has witnessed significant growth in recent years due to the increasing prevalence of hearing impairment in children and advancements in hearing aid technology.

Persistence Market Research (PMR) has recently published a new research report titled, “Pediatric Hearing Aids Market: Global Industry Analysis (2012 – 2016) and Forecast (2017 – 2025).” Hearing aids can help improve the hearing and speech of children with sensorineural hearing loss (hearing loss in the inner ear due to damaged hearing nerve).

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Sensorineural hearing loss can be caused by noise, injury, infection, certain medications, birth defects, tumors, and problems related to blood circulation. According to the American Academy of Otolaryngology, over 3.0 million American children have hearing loss, and about 1.3 million of them younger than 3 years of age.

More children would lose their hearing later in childhood. Moreover, around 90% of deaf children are born to parents with proper hearing ability. The global pediatric hearing aids market is projected to witness a CAGR of 5.3% from 2017 to 2025.

Growing disposable income of consumers living in middle-income regions is expected to boost the growth of hearing aids market in future. This in turn is expected to drive the demand for high quality hearing aids. In addition, adoption of hearing aids has been observed to be relatively less in developing countries.

Company Profiles:

William Demant Holding A/S
Sonova
Sivantos Pte. Ltd.
GN Store Nord A/S
Starkey Hearing Technologies, Inc.
WIDEX USA, INC.
Earlens Corporation
Cochlear Limited
IntriCon Corporation
Amp
Others

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Need for Advanced Diagnostics to Open a Plethora of Opportunities for Market Players

The introduction of advanced equipment for conducting diagnosis tests for the detection of loss of hearing among the pediatric population is expected to open up lucrative opportunities for the existing as well as new players in the global pediatric hearing aids market.

The rising prevalence of hearing loss such as congenital hear loss problem and nerve deafness among children, is one of the primary aspects boosting the pediatric hearing aids market at present.

The use of hearing aids has risen with the rise in the number of patients across the globe. Thus, high demand for hearing aids will be the absolute opportunity for pediatric hearing aids vendors to capitalize on.

The rise in health care awareness among parents in terms of children’s health issues is also expected to trigger the use the pediatric hearing aids in the near future. Most of the under developing countries evades the usage of hearing aids or any prosthetic device due to society insecurities.

Moreover, today most of the hearing aids are based on digital technology which is easy to use and clearer to sound. Hence, the proliferating usage of digital hearing aids technology is likewise expected to play a pivotal role to lift the pediatric hearing aids market over the course of the forecast period.

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Over the Ear to be the Most Preferred Product

In the course of the forecast period, over the ear products are going to be the most preferred product type for pediatrics. It is expected to touch a valuation of over US$1800 Mn by the end of 2025. Among the product types available under over the ear products, behind the ear will be the one witnessing the maximum sales. However, receiver in the canal is expected to witness the maximum growth over the forecast period.

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Persistence Market Research is a U.S.-based full-service market intelligence firm specializing in syndicated research, custom research, and consulting services. Persistence Market Research boasts market research expertise across the Healthcare, Chemicals and Materials, Technology and Media, Energy and Mining, Food and Beverages, Semiconductor and Electronics, Consumer Goods, and Shipping and Transportation industries. The company draws from its multi-disciplinary capabilities and high-pedigree team of analysts to share data that precisely corresponds to clients’ business needs.

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Mycotoxin Binding Agents Market| Key Players, Industry Share, Trends, Growth Analysis, Regional Demand and Future Insights

A recent report published by Persistence Market Research, titled Mycotoxin Binding Agents Market: Global Industry Analysis 2013–2018 and Forecast 2019–2027’, states that, by the end of 2018, the mycotoxin binding agents market is expected to be valued as US$ 937.9 in terms of sales revenue. The market is expected to reach US$ 1,699.3 by the end of 2027 in terms of value. From the estimated year (2018) to the forecasted year (2027), the overall global mycotoxin binding agents market is expected to grow at a CAGR of 6.9% in terms of value.

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High Demand for Mycotoxin Binding Agents for Poultry Expected to Drive Growth

There is rigid fragmentation and competition in the global mycotoxin binding agents market. The poultry segment, under the species segments, is expected to hold a prominent market share in terms of both, value and volume, throughout the forecast period (2018–2027), in the global mycotoxin binding agents market, when compared to the other segments such as ruminants, swine, equine, pets, aquaculture, and others. The demand for mycotoxin binding agents is expected to observe a significant increase in terms of both, value and volume, throughout the forecast period (2018–2027), in the global mycotoxin binding agents market, due to the increase in the consumption of poultry in various developed and developing regions and countries.

There are a number of organized players present in the mycotoxin binding agents market, owing to the increased competition. This is one factor that is helping accelerate the development of various innovative and novel products in the mycotoxin binding agents market. It is also a major factor that is expected to push the growth of the mycotoxin binding agents market in terms of both, value and volume, throughout the forecast period (2018–2027).

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APAC Region Projected to Hold a Share of 35.7% in Terms of Value by the End of 2027 in the Global Mycotoxin Binding Agents Market

By region, APAC is expected to hold a relatively high market share of 32.2% in terms of value by the end of 2018 in the global mycotoxin binding agents market. The region’s market share is expected to rise to 35.7% in terms of value by the end of 2027 in the mycotoxin binding agents market. Followed by Asia Pacific (APAC), North America is expected to hold the second-largest market share of 26.9% in terms of value throughout the forecast period. This region’s market share is expected to decrease to 24.3% in terms of value by the end of 2027 in the overall global mycotoxin binding agents market. Followed by North America, Europe is expected to hold a significant market share in terms of both, volume and value, throughout the forecast period, in the overall global mycotoxin binding agents market.

Zeolites and Other Treated Aluminosilicates Segment Expected to Remain Prominent in the Mycotoxin Binding Agents Market, with a Market Share of 45.5% by the End of 2027

By product type, the zeolites and other treated aluminosilicates segment is expected to hold a significant market share of 41.8% by the end of 2018, in terms of value, in the global mycotoxin binding agents market, and is expected to remain dominant throughout the forecast period, with a market share of 46.2%.

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Key Producers of Mycotoxin Binding Agents

Some of the key players included in the mycotoxin binding agents market report are BASF SE, Cargill, Inc., Kemin Industries, Bayer AG, Novus International, Inc., Olmix S.A., BIOMIN Holding GmbH, Inc., Nutreco N.V., Syngenta International AG, Venkys (India) Ltd., Anpario plc., Impextraco N.V., Industrial Técnica Pecuaria, S.A. (ITPSA), Norel S.A, E.I. du Pont de Nemours & Co, Neospark Drugs and Chemicals Private Limited, Lipidos Toledo SA, Alltech Inc., PeterLabs Holdings Berhad, and Perstorp Holding AB, among other mycotoxin binding agent manufacturers.

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The Food & Beverage team at Persistence Market Research provides all the necessary insights and consulting analysis to fulfil the unique business intelligence needs of clients worldwide. With a catalogue of more than 500 reports pertaining to the latest statistics and analysis from the food & beverage industry, the team is happy to help with every business intelligence research and consulting requirement.

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The Kidney Dialysis Equipment Market to grace digital transformation curve at a CAGR of 6.5%

Persistence Market Research’s recent report on Global Market Study on Kidney Dialysis EquipmentLatin America Expected to Emerge the Third Attractive Regional Market  forecasts the market revenues to reach US$ 25.128 Bn by 2024 end. The US$ 15 Bn kidney dialysis market is projected to grow at a CAGR of 6.5% through 2024.

Kidney dialysis equipment refers to medical devices and instruments used to perform dialysis, a treatment procedure that involves removing waste and excess fluids from the blood when the kidneys fail to function properly. The global kidney dialysis equipment market has witnessed significant growth in recent years due to the rising prevalence of chronic kidney diseases (CKD) and the increasing demand for advanced dialysis machines and services.

Increasing Prevalence of Chronic Kidney Disease and Adoption of Technologically Advanced Products Spurring Demand

The preponderance of chronic kidney disease (CKD), aggravated by geriatric population and rising life expectancy, will continue to spur the demand for hemodialysis therapy. Expanding ESRD patient pool is another factor influencing market growth.

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Company Profiles

  • Fresenius Medical Care AG & Co. (KGaA Fresenius SE & Co. KGaA)
  • Baxter International, Inc.
  • Nipro Corporation
  • B. Braun Melsungen
  • Nikkiso Co, Ltd.
  • NxStage Medical, Inc.

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Favorable government initiatives and rising healthcare funding to increase awareness about therapeutic modalities are also anticipated to boost equipment sales during the forecast period. The introduction of technologically advanced and user-friendly dialysis equipment and adoption of renal dialysis over kidney transplantation are key trends impacting the market.

“Manufacturers will discover lucrative opportunities in pediatric dialysis. In addition, rising demand for cost-effective equipment in low and middle-income countries will also present multiple revenue generation channels”.

– Analyst, Life Sciences & Transformational Health, Persistence Market Research

Asia Pacific will Remain at the Forefront of Global Demand for Kidney Dialysis Equipment

Asia Pacific will remain the largest and the fastest growing market for kidney dialysis equipment throughout the projected period. Valued at US$ 4.57 Bn currently, the market in APAC is foreseen to surpass US$ 9.0 Bn by the end of 2024, accounting for over 38% market value share. North America, Europe, and Latin America will be the other key markets globally. While APAC is expected to thrive at a CAGR of 9.9%, MEA, and Latin America will remain the other fast-growing markets globally.

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By equipment type, hemodialysis equipment will continue to outsell peritoneal dialysis equipment during the assessed period.

  • Hemodialysis equipment will capture over 88% market share in 2016 but is anticipated to lose nearly 100 BPS over the next eight-year period.
  • Dialyzers are expected to witness the fastest growth during 2016-2024
  • Peritoneal dialysis segment will gain 100 BPS through 2024, reaching a market share of over 12% by 2024
  • Within peritoneal dialysis equipment segment, the peritoneal dialysis machine sub-segment will account for highest sales.

The end-user analysis by Persistence Market Research reflects the emergence of home-care settings as a critical end-user.

  • In-center dialysis segment will witness a slight decline in its revenue share; by 2024, this segment is projected to account for 85% share of the overall end-use segment
  • Demand for kidney dialysis equipment from home care settings will grow at a higher CAGR than in-center dialysis
  • Rapid adoption of home dialysis is indicative of a paradigm shift in end-use demand.

About Us:

Persistence Market Research is a U.S.-based full-service market intelligence firm specializing in syndicated research, custom research, and consulting services. Persistence Market Research boasts market research expertise across the Healthcare, Chemicals and Materials, Technology and Media, Energy and Mining, Food and Beverages, Semiconductor and Electronics, Consumer Goods, and Shipping and Transportation industries. The company draws from its multi-disciplinary capabilities and high-pedigree team of analysts to share data that precisely corresponds to clients’ business needs.

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Remote diagnostic platforms to simulate the Urothelial Carcinoma Diagnostics Market at a CAGR of 10.9%

According to World Health Organization (WHO) estimates, every year, 3.8 Mn new cases of urothelial carcinoma occur around the world, with the recurrence rate being nearly 30-50%. However, early detection by use of modern diagnostics enables quick medical decision-making and consequent treatment for urothelial carcinoma. Accuracy in urothelial carcinoma diagnostics plays a significant role in the reduction of treatment costs.

Moreover, increased demand for treatment of urothelial carcinoma is a key driver for increasing revenue inflow from diagnostic tests and procedures. However, development of effective urothelial carcinoma screening methods will play a significant role in the early detection and subsequent reduction in mortality rates. Furthermore, technological advancements in diagnostic methods such as the adoption of diagnostic imaging procedures, rapid molecular diagnostic kits, and use of biomarker testing in urothelial carcinoma screening programs are some other factors that will aid the growth of the urothelial carcinoma diagnostics market.

Urothelial carcinoma, also known as transitional cell carcinoma, is a type of cancer that affects the urothelial cells lining the urinary tract. It is the most common type of bladder cancer and can also occur in other parts of the urinary system, such as the renal pelvis and ureters. The diagnosis of urothelial carcinoma requires a combination of imaging tests, urine tests, and tissue biopsy. The global market for urothelial carcinoma diagnostics is expected to grow due to the increasing prevalence of bladder cancer and the rising demand for non-invasive diagnostic tests.

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Companies covered in Urothelial Carcinoma Diagnostics Market Report

  • GE Healthcare
  • Roche Holding
  • Illumina
  • IDL Biotech
  • Agilent Technologies
  • Olympus Corporation
  • Philips Healthcare
  • Abbott Molecular
  • Bio-Rad Laboratories, Inc
  • Thermo Fisher Scientific, Inc.( Qiagen N.V.)
  • Danaher Corporation (Cepheid)

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According to the latest report published by PMR, the global urothelial carcinoma diagnostics market was valued at US$ 1 Bn in 2020, and is expected to progress at a CAGR of over 11% during the forecast period (20202030).

 Key Takeaways from Urothelial Carcinoma Diagnostics Market Study         

  • The reagent and kits segment, under product type, is expected to contribute more than 70% of revenue share in the urothelial carcinoma diagnostics market.
  • By test type, molecular diagnostic tests accounted for the highest revenue in 2019. Rapid and sensitive detection is anticipated to drive demand for urothelial carcinoma diagnostics.
  • Based on end user, the hospitals segment accounts for a major revenue share in the urothelial carcinoma diagnostics market.
  • Leading players launching rapid diagnostic products with advances technology are expected to dominate the urothelial carcinoma diagnostics market space.
  • Governments of various countries are organizing cancer screening programs and are spreading awareness, which is creating significant demand for urothelial carcinoma diagnostics.
  • The COVID-19 outbreak has resulted in manufacturing disruptions and also decreased demand, which is projected to impede market growth in the near term.

Acquisitions and Partnerships – Key Strategies amongst Market Players

Key players in the urothelial carcinoma diagnostics market are looking forward to strengthening their product portfolios through the launch of new products. For instance, in 2017, Roche received FDA approval for the complementary PD-L1 (SP263) biomarker test in urothelial carcinoma. In August2018, Agilent Technologies, Inc announced that the US Food and Drug Administration approved its Dako PD-L1 IHC 22C3 pharmDx assay for expanded use as a companion diagnostic test for Merck’s anti-PD1 immunotherapy Keytruda (pembrolizumab) for urothelial carcinoma.

Various players in the urothelial carcinoma diagnostics market are focusing on growth strategies such as acquisitions and partnerships. For example, in 2020, Thermo Fisher Scientific signed an agreement with Janssen to co-develop companion diagnostics for cancer.

What Does the Report Cover?

Persistence Market Research offers a unique perspective and actionable insights on the urothelial carcinoma diagnostics market in its latest study, presenting historical demand assessment of 20152019 and projections for 20202020, on the basis of product type (reagents and kits, instruments), test type (urinalysis test, molecular diagnostic test, biomarker test, imaging test, cytoscopy, ureteroscopy), and end user (hospitals, diagnostic laboratories, research and academic institutes, clinical research organizations), across seven key regions.

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About Us:

Persistence Market Research is a U.S.-based full-service market intelligence firm specializing in syndicated research, custom research, and consulting services. Persistence Market Research boasts market research expertise across the Healthcare, Chemicals and Materials, Technology and Media, Energy and Mining, Food and Beverages, Semiconductor and Electronics, Consumer Goods, and Shipping and Transportation industries. The company draws from its multi-disciplinary capabilities and high-pedigree team of analysts to share data that precisely corresponds to clients’ business needs.

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Persistence Market Research
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The Growth Factors Market to look through AI-based genomics at a CAGR of 6.9%

The global Growth Factors Market is all set to witness a CAGR of 7.2% in the next decade. It is expected to reach US$ 3.6 Bn by the year 2031. With digitized communication channels making a beeline to the healthcare vertical, the advanced clinics are into virtual consultation mode, and this scenario is expected to continue even going forward. Regulatory approvals for this type of communication are on the way. Close to 70% of the public hospitals worldwide are being asked to adopt digital means. This would be the scene with the healthcare vertical in the subsequent period.

The global growth factors market has witnessed significant growth in recent years and is projected to continue to expand at a steady pace over the forecast period. Growth factors are a type of protein that plays an important role in the regulation of cell growth, division, and differentiation. They are essential for the growth and maintenance of tissues and organs in the human body. The increasing prevalence of chronic diseases such as cancer, diabetes, and cardiovascular diseases has driven the demand for growth factors in recent years.

As per Persistence Market Research’s latest revised industry analysis, the global growth factors market was valued at over US$ 1.7 Bn in 2020, and is expected to exhibit a CAGR of close to 7% over the forecast period (2021-2031).

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According to the World Health Organization (WHO), cancer caused around 9.9 million deaths worldwide in 2020. In addition, around 19.2 million people across the world were suffering from cancer. Also, increasing occurrence of autoimmune disorders is anticipated to drive demand for growth factors.

Rising prevalence of autoimmune diseases and cancer and the benefits of cytokine and growth factors therapy in the treatment of these diseases are expected to complement market growth over the coming years.

Growing research in the field of wound healing and skin regeneration is also expected to favor expansion of the global growth factors market. However, high cost associated with GMP grade growth factors is estimated to hamper market growth.

Acquisitions, collaborations, and partnership agreements are rife in this landscape:

  • PPD, Inc., a leading clinical research organization, was acquired by Thermo Fisher Scientific in April 2021, expanding the company’s service offerings to pharma and biotech customers.
  • Merck and BioMed X Institute extended their collaboration to continue novel oncology and autoimmunity research in 2021.
  • In 2021, Lonza and ValenzaBio entered into a manufacturing agreement to rapidly advance VB421, an anti-IGF-1R antibody for autoimmune diseases.

Company Profiles:

  • Thermo Fisher Scientific
  • Lonza Group AG
  • Merck KGaA
  • General Electronics Company
  • F. Hoffmann-La Roche Ltd
  • Applied Biological Materials (abm), Inc.
  • Abcam plc.
  • Cell Signaling Technology, Inc.
  • Meridian Bioscience Inc.
  • Sartorius CellGenix GmbH
  • Bio-Techne.
  • Proteintech Group, Inc.
  • Miltenyi Biotec
  • Creative Bioarray
  • Akron Biotech
  • Sino Biological Inc.
  • Repligen corporation
  • LEADGENE BIOMEDICAL, INC.
  • PeproTech Inc.
  • Others

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global-growth-factors-market

Key Takeaways from Market Study

  • By grade, NON-GMP grade products hold around 70% market value share, globally, primarily due to increasing focus on oncology research and growing contract research activities.
  • Based on product, interleukins are leading with over 21% market share. Strong product pipelines by various key players are positively driving demand for interleukins among growth factor products.
  • Cell therapy and ex vivo manufacturing are estimated to dominate the market by application. This segment accounted for approximately 29% share of the market, primarily due to increase in acceptance of growth factors in cancer and autoimmune therapies
  • Pharmaceutical and biotechnology companies dominate with a market share of 48%. Growing number of R&D activities and increasing preference toward growth factors for gene therapy have had a positive impact on the market.
  • North America is set to dominate the global market with a value share of around 41%. Europe is slated to be the second-largest region with a value share of 30%.

“Rising prevalence of cancer, preference toward use of regenerative medicines, and new product launches & approvals are expected to drive market growth over the coming years,” says an analyst of Persistence Market Research.

Demand-side Drivers:

  • Increasing focus on oncology research
  • Growing demand for growth factors and cytokines in stem cell biology
  • Increasing demand for growth factors in regenerative medicine

Market Opportunities:

  • Shift toward fast growing Asia Pacific market
  • Limited number of companies with sole focus on GMP grade products

Market Competition

New product approvals, launches, collaborations, agreements, and partnerships have emerged as the main growth strategy implemented by leading players. By focusing on these strategies, key market players are strengthening their existing product portfolios to expand their geographic footprints.

  • In 2020, the humankind human cell-expressed growth factor of Proteintech Group, Inc received an ISO 13485 Certificate.
  • In 2020, Akron Biotech signed an agreement to acquire Cytiva. This acquisition helps enhance its cGMP-compliant solutions and support the development of advanced therapy.

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What Does the Report Cover?

Persistence Market Research offers a unique perspective and actionable insights on the growth factors market in its latest study, presenting a historical demand assessment of 2016 – 2020 and projections for 2021 – 2031.

The research study is based on the product (transforming growth factors (TGF), epidermal growth factors (EGFs), platelet-derived growth factors (PDGFs), fibroblast growth factors (FGFs), insulin-like growth factors (IGFs), vascular endothelial growth factors (VEGFs), hepatocyte growth factors (HGFs), tumour necrosis factors (TNFs), interleukins, and others), grade (GMP grade and NON-GMP grade), application (oncology research, haematology research, wound healing research, dermatology research, cardiovascular disease & diabetes, cell therapy and ex vivo manufacturing, and others), and end user (pharmaceutical and biotechnology companies, research centres & academic institutes, and CMOs & CDMOs), across seven key regions of the world.

Related Reports:

Telemedicine Market

Robotic Surgery Market

Veterinary Teleradiology Market

Dental Radiology Equipment Market

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Persistence Market Research is a U.S.-based full-service market intelligence firm specializing in syndicated research, custom research, and consulting services. Persistence Market Research boasts market research expertise across the Healthcare, Chemicals and Materials, Technology and Media, Energy and Mining, Food and Beverages, Semiconductor and Electronics, Consumer Goods, and Shipping and Transportation industries. The company draws from its multi-disciplinary capabilities and high-pedigree team of analysts to share data that precisely corresponds to clients’ business needs.

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The H1N1 Vaccines Market To Fathom The Depth Of Innovation

H1N1 Vaccines Market 2022

Various start-ups in the pharmaceuticals vertical are exploring the application of technologies like AI, Big Data, DevOps for optimization and automation of the production processes, along with designing effective post-launch and marketing strategies. It needs to be noted that diagnosis is a vital step in discovery as well as development of drugs, when it comes to conducting clinical trials, in particular. With technological advancements, cheaper and faster diagnosis is ascertained. This would be the behaviour of pharmaceuticals market in the upcoming period.

H1N1, commonly known as swine flu, is a respiratory illness caused by a type A influenza virus. The H1N1 pandemic in 2009 led to the development of vaccines to protect people from the virus. The H1N1 vaccine market has grown significantly over the years, with various pharmaceutical companies developing and marketing different vaccines.

A vaccine is a biological preparation consisting of an agent that closely resembles a disease-causing microorganism and is made from weakened or killed forms of the microbe, its toxins or one of its surface proteins. Vaccines can be categorized into many types such as inactivated vaccines, attenuated vaccines, toxoid, and conjugate. 

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Cholera, influenza, hepatitis A, polio, and rabies vaccines are inactivated vaccines. The global vaccines market is categorized on the basis of the different diseases that can either be prevented or treated with the help of vaccines. Various diseases that are treated using H1N1 vaccines include influenza, meningococcal, cervical cancer, pneumococcal, hepatitis, measles, mumps, rubella, etc. H1N1 vaccines refer to the medical preparation specifically designed for the treatment of swine flu. H1N1 influenza is an infectious disease.

The causative agent of the same is a variant of the swine H1N1 virus. The H1N1 virus is a RNA virus belonging to the orthomyxoviridae family and it infects the nose, lungs, and throat. In addition to humans, this virus may infect different other species such as birds, swine, horses, etc. On the basis of its surface composition, H1N1 virus can be classified into neuraminidase and hemagglutinin.

Hemagglutinin is used by the virus to bind itself to the receptors of the host cell in order to facilitate its entry into the host cell. The H1N1 vaccines market is growing at a significant rate due to the increasing elderly population prone to such infectious diseases. In addition, rise in the prevalence of chronic diseases such as lung diseases, asthma, neurological disorders, etc. along with technological advancements in the field are driving the global market for H1N1 vaccines.

North America and Europe dominate the global H1N1 vaccines market. This is due to improved research infrastructure in these regions. The U.S. represents the largest market for H1N1 vaccines, followed by Canada, in North America. In Europe, France and Germany hold major shares of this market. However, the Asian H1N1 vaccines market is expected to exhibit a high growth rate in the next five years due to increasing awareness among people about preventable diseases.

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Several government associations have launched various programs to raise awareness among people about various infectious diseases in Asia. This has resulted in the significant rise in demand for H1N1 vaccines for the prevention of swine flu. Moreover, several companies are constructing their manufacturing and research facilities in developing regions given the low wages to be paid, availability of a large talent pool, and less stringent environment and health and safety regulations. Japan, China, and India are expected to be the fastest growing H1N1 vaccines markets in Asia.

In recent times, the increasing prevalence of swine flu and novel vaccine technologies are some of the major drivers for the global H1N1 vaccines market. In addition, increased research in the field of vaccine technologies and substantial government support are driving this market. However, lack of awareness and absence of experienced medical professionals are restraining the growth of H1N1 vaccines market. Furthermore, high capital requirement and stringent regulations are also hindering the growth of the global market for H1N1 vaccines.

Growing demographics and economies in developing countries such as India and China, the discovery of new products with greater focus on efficiency, and advancements in the field of biomedical science are expected to offer good opportunities to the players in the H1N1 vaccines market.

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Frequent mergers and collaborations between manufacturing companies and government associations as well as product launches are the current trends in the global H1N1 vaccines market. Major players in this market are Medimmune, GlaxoSmithKline, Novartis, and Sanofi Pastuer. Others with a significant presence in the global H1N1 vaccines market are Commonwealth Serum Laboratories (CSL), Sinovac, and Baxter.

Key geographies evaluated in this report are:

North America – U.S, Canada
Europe – France, Germany, Italy, Spain, and the UK, Eastern Europe, CIS
APAC – China, India, Japan, Australia, Others
Latin America – Argentina, Brazil, Others

About Us:

Persistence Market Research is a U.S.-based full-service market intelligence firm specializing in syndicated research, custom research, and consulting services. Persistence Market Research boasts market research expertise across the Healthcare, Chemicals and Materials, Technology and Media, Energy and Mining, Food and Beverages, Semiconductor and Electronics, Consumer Goods, and Shipping and Transportation industries. The company draws from its multi-disciplinary capabilities and high-pedigree team of analysts to share data that precisely corresponds to clients’ business needs.

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Persistence Market Research
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Continual Inventions To Accelerate The Dysthymia Clinical Trial Market

Dysthymia Clinical Trial Market 2022

Dysthymia is often characterized by chronic depression. Symptoms of dysthymia are the same as for depression and usually not as severe as major depression. Key symptom of dysthymia is daily depressed mood for at least two years. Another symptom of dysthymia include lowered energy, appetite and sleep disturbances and low self-esteem. Dysthymia does not tend to weaken sufferers to perform all their daily routines, although the disorder is severe enough to cause distress and interference with important life relationships, roles and responsibilities. It changes thinking, feelings, and behavior and physical well-being capabilities of the sufferer.

Dysthymia is a type of chronic depression that affects individuals for an extended period, causing them to experience a persistently low mood, hopelessness, and lack of interest in daily activities. Dysthymia is a serious mental health condition that can significantly impair an individual’s quality of life and functioning. As such, there is a growing demand for effective treatments for dysthymia, and this has led to an increase in clinical trials for new therapies.

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In dysthymia, sufferers experienced concentration, decision making difficulties with short term memory and forgetting things all the time. Some of the major thinking disabilities in dysthymia are pessimism, negative thoughts, lowered confidence and self-criticism. In addition, feeling sad for no reason and no longer enjoying activities may be experiencing by sufferers in dysthymia cases.

In case of behavior changes, sufferers have eating habits problems, excessive crying and anger and temper problems. Loss of appetite, slowing down and aches and pains are all extremely common physical changes in sufferers. Although all of these physical symptoms would have a debilitating affect on the sufferer’s life which develop fatigue. The sufferer may go to bed earlier or stay in bed longer, however the amount of sleeping that the person is getting does not add up to the amount that they need.

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In terms of geographic, North America dominates the global dysthymia clinical trial market. This is due to increased awareness about various signs and symptoms of the disorder in the region. In addition, improved healthcare infrastructure is also supporting in the growth of dysthymia clinical trial market. The U.S. represents the largest market for dysthymia clinical trial market followed by Canada in North America. In Europe, Germany, the U.K., Spain, Italy and France holds major share of dysthymia clinical trial market. However, Asia is expected to show high growth rates in the next five years in global dysthymia clinical trial market.

This is due to increasing government supports in the region. Less stringent wages has also boosts dysthymia clinical trial market in Asia. In addition, increasing awareness about various signs and symptoms of the disorder is also supporting in the growth of dysthymia clinical trial market in the region. Japan, China and India are expected to be the fastest growing dysthymia clinical trials markets in Asia.

In recent time, improving healthcare infrastructure and rising number of dysthymia cases are some of the major drivers of the global dysthymia clinical trial market.

However, strict regulations to enroll patients for clinical trial hamper the growth of global dysthymia clinical trial market. In addition, longer approval time for clinical trials also obstructs the growth of global dysthymia clinical trial market.

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Market Players

Some of the major companies and government organizations operating in the global dysthymia clinical trial market are :

  • Sanofi,
  • Auckland UniServices Limited,
  • Columbia Northwest Pharmaceuticals,
  • New York State Psychiatric Institute,
  • University of Washington,
  • Centre for Addiction

Key geographies evaluated in this report are:

North America – U.S, Canada
Europe – France, Germany, Italy, Spain, and the UK, Eastern Europe, CIS
APAC – China, India, Japan, Australia, Others
Latin America – Argentina, Brazil, Others

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Persistence Market Research is a U.S.-based full-service market intelligence firm specializing in syndicated research, custom research, and consulting services. Persistence Market Research boasts market research expertise across the Healthcare, Chemicals and Materials, Technology and Media, Energy and Mining, Food and Beverages, Semiconductor and Electronics, Consumer Goods, and Shipping and Transportation industries. The company draws from its multi-disciplinary capabilities and high-pedigree team of analysts to share data that precisely corresponds to clients’ business needs.

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Drywall Market is expected to reach US$ 56.3 billion by 2027 at a CAGR of 4.5%

Drywall Market

The global drywall market was valued at USD 40.9 billion in 2020 and is expected to reach US$ 56.3 billion by 2027, growing at a CAGR of 4.5% during the forecast period. The Asia-Pacific region dominates the market, accounting for the largest market share of around 40% in 2020, followed by North America and Europe.

The global drywall market is expected to witness significant growth in the coming years, driven by the increasing demand for eco-friendly and cost-effective construction materials. Drywall, also known as plasterboard or gypsum board, is widely used for walls and ceilings in residential and commercial buildings due to its ease of installation, fire-resistance, and soundproofing properties.

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Drywall, also known as gypsum board or plasterboard, is a construction material used for interior walls and ceilings. It is composed of gypsum plaster pressed between two thick sheets of paper, which provide strength and durability to the material. Drywall is widely used in the construction industry due to its low cost, ease of installation, and fire-resistant properties. It is also highly resistant to moisture, which makes it suitable for use in areas prone to dampness.

Market Dynamics:

The global drywall market is expected to grow significantly during the forecast period, owing to the increasing demand for drywall in the construction industry. The rising population and urbanization, coupled with the growing demand for cost-effective and durable building materials, are driving the growth of the market. Additionally, the increasing popularity of sustainable construction practices and energy-efficient building designs is further driving the market growth.

The construction industry in the Asia-Pacific region is expected to hold the largest market share in the drywall market, owing to the increasing investments in the construction industry, rising disposable incomes, and rapid urbanization. Furthermore, the growing demand for green buildings and the increasing awareness about the benefits of sustainable construction practices are further driving the growth of the market in the region.

The North American market is also expected to witness significant growth during the forecast period, owing to the growing demand for drywall in the residential and commercial construction sectors. The increasing government initiatives to promote energy-efficient buildings and the growing trend of remodeling and renovating existing buildings are further driving the growth of the market in the region.

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Key Players-

  • Knauf Gips KG
  • Compagnie de Saint-Gobain S.A.
  • Etex S.A.
  • USG Corporation
  • Fermacell
  • Gyptec Iberica
  • Georgia-Pacific
  • National Gypsum Properties, LLC
  • USG Boral Building Products
  • PABCO Building Products, LLC
  • American Gypsum Company LLC
  • ROCKWOOL International A/S
  • Continental Building Products
  • LafargeHolcim
  • Winstone Wallboards Limited
  • China National Building Material Company Limited
  • Kingspan Group plc.
  • Yoshino Gypsum Co., Ltd.
  • Supress Products, LLC
  • Lime Green Products Ltd
  • Others

Market Segmentation:

The global drywall market is segmented on the basis of type, application, and region.

Based on type, the market is segmented into regular, moisture-resistant, fire-resistant, and others.

Based on application, the market is segmented into residential and commercial.

Based on region, the market is segmented into North America, Europe, Asia-Pacific, Latin America, and Middle East & Africa.

Regional Analysis:

The Asia-Pacific region is expected to hold the largest market share in the drywall market during the forecast period, owing to the increasing investments in the construction industry, rising disposable incomes, and rapid urbanization. The growing demand for green buildings and the increasing awareness about the benefits of sustainable construction practices are further driving the growth of the market in the region.

The North American market is also expected to witness significant growth during the forecast period, owing to the growing demand for drywall in the residential and commercial construction sectors. The increasing government initiatives to promote energy-efficient buildings and the growing trend of remodeling and renovating existing buildings are further driving the growth of the market in the region.

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The drywall market offers several opportunities for growth and expansion, which can be leveraged by companies operating in the industry. Some of the key opportunities in the market include:

  • Rising Demand for Sustainable Construction: There is a growing demand for sustainable construction practices, which includes the use of eco-friendly and energy-efficient building materials. Drywall is a sustainable material that can help meet this demand. Companies can invest in developing sustainable drywall products and promote their eco-friendliness to attract environmentally-conscious consumers.
  • Increasing Popularity of Remodeling and Renovation: The trend of remodeling and renovating existing buildings is on the rise, which is creating a significant demand for drywall products. Companies can focus on developing drywall products that are specifically designed for remodeling and renovation projects, such as easy-to-install and lightweight products.
  • Expansion in Emerging Markets: Emerging markets, such as Asia-Pacific and Latin America, offer significant growth opportunities for the drywall market. Companies can focus on expanding their presence in these markets by investing in local production facilities, establishing partnerships with local distributors, and offering products tailored to local needs.
  • Technological Advancements: The drywall market is constantly evolving, and companies that invest in research and development can benefit from technological advancements that improve the performance and durability of drywall products. For example, companies can develop drywall products with improved fire resistance, sound insulation, and moisture resistance.
  • Diversification of Product Portfolio: Companies can diversify their product portfolio by offering a range of drywall products that cater to different customer needs. For example, companies can offer products that are designed for specific applications, such as soundproofing or moisture resistance, or products that are available in different sizes and thicknesses.

Overall, the drywall market offers several opportunities for growth and expansion, and companies that can capitalize on these opportunities are likely to experience significant success in the industry.

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Conversational AI to drive the Surgical Dental Loupes Camera Market at a CAGR of 9.4%

According to the latest market report published by Persistence Market Research titled Surgical Dental Loupes and Camera Market, the global Surgical Dental Loupes and Camera Market is projected to expand at a CAGR of 9.5% during the forecast period (2016-2024).

Surgical dental loupes cameras are devices used by dental surgeons to improve their vision and precision during dental procedures. The devices consist of a magnifying lens and a camera that captures images of the oral cavity, which can be viewed on a computer screen. The use of surgical dental loupes cameras has become increasingly common in dental practices due to the benefits they offer, including improved visualization and accuracy during procedures.

Surgical dental loupes and cameras help in increasing visualization in the dental procedures. Also, dental loupe camera allows dentists to shoot, store the videos during dental procedure, thus providing better visualization needed for patient’s record and legal documentation in a streamlined and efficient manner. The global surgical dental loupes and camera market was valued at US$ 296.2 Mn in 2015 and is expected to increase to US$ 664.6 Mn by 2024, expanding at a CAGR of 9.5% over the forecast period.

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Company Highlights

  • Rose Micro Solutions
  • L.A. Lens
  • ErgonoptiX
  • NORTH-SOUTHERN ELECTRONICS LIMITED
  • Designs For Vision, Inc.
  • Enova Illumination
  • SurgiTel
  • Orascoptic
  • PeriOptix, Inc.
  • SheerVision Incorporated
  • Xenosys Co., Ltd.
  • Carl Zeiss Meditec AG

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Private and public healthcare expenditure is rising globally, with increasing population and prevalence of various dental disorders.

The report analyzes the global surgical dental loupes and camera market in terms of market value (US$ Mn), by product type, modality, end user, and provides information regarding regional market dynamics, regulations, competitive landscape, current trends, market estimations, and forecast.

North America is expected to dominate the market throughout the forecast period, driven by rise in healthcare expenditure, technological advancements, and increase in incidence of dental disorders in the region. The surgical dental loupes and camera market in North America is expected to increase from US$ 113.3 Mn in 2015 to US$ 269.0 Mn by 2024, expanding at a CAGR of 10.2% over the forecast period.

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Demand for surgical dental loupes and cameras is expected to grow continuously over the forecast period due to increase in adoption of these products in dental clinics, especially in developed countries. This is projected to further drive demand for surgical loops and cameras, as an increasing number of dentists opt for these products to increase their visualization during dental surgery. Europe is the second-most lucrative destination for the surgical dental loupes and cameras.

Among product segments, surgical loupes dominated the market with maximum market share of 51.4% in 2015, followed by surgical headlights with market share of 28.5%. Increasing incidences of various dental diseases such as dental caries and periodontal diseases are factors expected to contribute significantly to growing demand for dental loupes. Players in this market are continuously introducing new products to enhance their product portfolio and to cater to client requirements.

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Persistence Market Research is a U.S.-based full-service market intelligence firm specializing in syndicated research, custom research, and consulting services. Persistence Market Research boasts market research expertise across the Healthcare, Chemicals and Materials, Technology and Media, Energy and Mining, Food and Beverages, Semiconductor and Electronics, Consumer Goods, and Shipping and Transportation industries. The company draws from its multi-disciplinary capabilities and high-pedigree team of analysts to share data that precisely corresponds to clients’ business needs.

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Virtual health assistants to keep the hopes high for Immuno-Oncology Market at a CAGR of 14%

The immuno-oncology therapy has shown excellent results in various clinical trials and in patients being treated with immune-oncology therapy. Immuno-oncology therapies can leverage patients’ immune system and re-program the same to attack cancer cells, providing a safe and effective alternative. There has been an increasing demand for immuno-oncology therapy as several traditional methods used in the treatment of cancer such as chemotherapy, radiation therapy, and surgery, etc. carry the risk of side effects, and have limited effectiveness as they tend to harm healthy cells present near the tumor microenvironment.

The immuno-oncology market is a rapidly growing field that focuses on the development of therapies that stimulate the body’s immune system to attack cancer cells. Immuno-oncology therapies have shown promising results in treating various types of cancers, including melanoma, lung cancer, and bladder cancer. The market for immuno-oncology is expected to continue to grow as new therapies are developed and more patients seek alternative treatment options.

Worldwide sales of products used in immuno-oncology therapy are expected to account for the revenues worth ~US$ 10 Bn by the end of 2019, unveils the new research study by Persistence Market Research (PMR). According to the report, the immuno-oncology market is estimated to grow by ~ 12% Y-O-Y by the end of 2020, primarily influenced by the recent advancements in the immuno-oncology market. The immune checkpoint inhibitors are the most widely used immuno-oncology therapy for treatment of cancer and is accounted for approximately 88% of the immuno-oncology market.

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immuno oncology market 01

Increasing Clinical Developments to Drive the Demand for Immuno-Oncology Therapy

Currently, the number of ongoing studies in clinical development in immuno-oncology therapy is almost evenly split between early and late phases. However, the number of early phase studies on immuno-oncology is increasing rapidly. Significant focus on identifying newer pathways for immune regulation in tumors are resulting in the development of NMEs (new molecular entities), that are making their way into the clinics.

High attrition rates during clinical development means fewer candidates are entering later stages of development. Companies are also seeking regulatory approvals for combination therapies with existing immuno-oncology drugs as well as for multiple indications, which results in a huge number of programs in the early stages of development. This is leading to the overall growth of the immuno-oncology market globally.

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Partnerships and Collaborations to Boost Technical Expertise

Companies are pursing licensing deals, partnerships, and collaborations to boost technical expertise and beef up their product portfolios. In order to stay in the competition, players of the immuno-oncology market are trying to identify and collaborate with smaller firms operating in the immuno-oncology market to expand their business globally. This strategy of market players is anticipated to fuel the growth of the immuno-oncology market over the forecast period.

Combination Therapies over Monotherapy to Spur Growth of the Immuno-Oncology Market

Combination strategies by using immunotherapy with radio, targeted antibody, chemo, cryotherapy or with other immuno-oncology therapies are likely to expand the potential indications for various drugs. These combination therapies are supposed to improve survival rates of the patient considerably, as have been evident from limited clinical data in comparison with monotherapy. Various companies have identified that multiple pathways are affected in tumor regulation, hence seek to use combination therapy as a more effective method. These combination therapies are expected to contribute to the growth of the immuno-oncology market.

Immune Resistance Mechanisms Limiting Market Growth

It is desired to maintain the prolonged effects of the immuno-oncology therapies as there are high possibilities of developing immune resistance, which can degrade the duration of drug efficacy. Additionally, it is hardly feasible to develop a one-size-fits-all therapy that works equally well in all types of patient populations. Considering, different pathways are affected in different patients leading to limited efficacy for certain patients whose immune systems are regulated differently. This, according to PMR’s analysis, is hampering the growth of the immuno-oncology market growth.
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Persistence Market Research is a U.S.-based full-service market intelligence firm specializing in syndicated research, custom research, and consulting services. Persistence Market Research boasts market research expertise across the Healthcare, Chemicals and Materials, Technology and Media, Energy and Mining, Food and Beverages, Semiconductor and Electronics, Consumer Goods, and Shipping and Transportation industries. The company draws from its multi-disciplinary capabilities and high-pedigree team of analysts to share data that precisely corresponds to clients’ business needs.

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Plant Activators Market Trend, CAGR Status, Growth, Analysis and Forecast Through 2027

The latest study from Persistence Market Research, titled “Plant Activators Market: Global Industry Analysis (2013-2017) and Forecast (2018-2027),” provides crucial information on the global plant activators market in terms of value and volume. During the forecast period, the market for plant activators is anticipated to grow at a robust CAGR of 5.8% in terms of value. With a number of forecasting elements in the study, PMR provides crucial information on the worldwide plant activators market.

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In order to combat diverse biotic and abiotic stress situations in cereals & grains, fruits & vegetables, pulses & oilseeds, as well as ornamental and turfs, plant activators activate the natural defence mechanism of plants. This aids in meeting the rising consumer demand for food. This turns out to be a significant market driver for plant activators.

Plant Activators Market is being driven by the rising number of vegans. The global plant activator market is thus anticipated to expand greatly over the course.

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Key Manufacturers of Plant Activators

This report highlights the trends and opportunities across every segment to give detailed, vital analysis and insights on the growth of global plant activators market. The final section of the report offers a competitive landscape of key players in the plant activators market. Company profiles also offer long- and short-term strategies, key offerings of manufacturers, and the recent developments in the plant activators space.

Plant Activators Market: Drivers and Restraints

The increasing demand for crop care and protection products is proving to be a direct driver for the plant activators market. The increasing population, decreasing arable land, and poorer soil quality are proving to be drivers of the plant activators market, since plant activators are expected to increase long-term agricultural productivity and restore soil balance. Increasing pest attacks and the outbreaks of diseases lead to a decrease in the yield of crops.

The extensive use of chemical pesticides and fungicides is known to have adverse effects on consumers as well as deteriorate the quality of soil. As such, there is increasing demand for plant activators as an alternative to pesticides and fungicides. Plant activators act by stimulating the natural defense system of a plant, and hence, don’t actually interact with the pathogen or accumulate on the crops.

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Plant Activators Market: Regional Outlook

The global plant activators market is regionally segmented into North America, Latin America, Europe, Asia Pacific, and Middle East & Africa. Regionally, Asia Pacific, North America, and Europe, currently, are prominent regions in the global plant activators market. However, Asia Pacific is expected to show rapid growth and become a comparatively prominent region in the plant activators market over the forecast period.

Large-scale agricultural activities in Asia Pacific, with the growing demand for food from India and China, along with the rising awareness among people about the long term benefits of using plant activators are some of the prime factors that are driving the plant activators market in the region.

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The Food & Beverage team at Persistence Market Research provides all the necessary insights and consulting analysis to fulfil the unique business intelligence needs of clients worldwide. With a catalogue of more than 500 reports pertaining to the latest statistics and analysis from the food & beverage industry, the team is happy to help with every business intelligence research and consulting requirement.

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Organic Expansion To Run Through The Lateral Flow Assay Test Market

Lateral flow assay (LFA) tests also called as lateral flow immunochromatographic assays, are simple device used to detect the presence or absence of intended analyte in sample. This test does not use costly specialized equipment. Generally, these tests are used for clinical diagnostics either for point of care (POC) testing, home testing or laboratory use.

Lateral flow assay tests (LFATs) are commonly known as rapid diagnostic tests. They are widely used to detect and diagnose various diseases such as infectious diseases, cancer, and pregnancy. LFATs are easy to use and provide results in a short period of time, making them ideal for point-of-care testing. The market for lateral flow assay tests is growing rapidly due to the increasing demand for quick and accurate diagnostic tests.

A widely accepted and well known application of LFA test is pregnancy test. These assay tests changing the way in which health care providers deliver diagnostic care to patients. Lateral flow assay test produces quality test results in short duration.

This test is widely accepted and employed in several fields from defence to health care. Lateral flow assay test market is witnessing promising technological changes and is one of the most competent area in POC testing devices.

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Lateral flow assay test market is expected to witness positive growth owing to higher prevalence of infectious and communicable diseases and increased use rapid testing in home care settings.

Apart from this, increasing geriatric population, rising use of lateral flow assay in clinical laboratory practice, increased chronic diseases, and technology up gradation perhaps positively impact the growth of lateral flow assay test market over the forecasted period. However increased regulations, inconsistency in test results may pose restrain to the lateral flow assay market growth over forecasted period.

Global lateral flow assay test market has been segmented on the basis of product, technique, application, end user and region.

Based on the product type, the global lateral flow assay test market is segmented into: Kits and Reagents, Lateral Flow Assay Readers, Digital/Mobile Readers, Benchtop Readers.

Based on the assay type, the global lateral flow assay test market is segmented into:, Sandwich Assay Format , Competitive Assay Format, Multiplex Detection Assay Format,

Based on the application, the global lateral flow assay test market is segmented into: Clinical Diagnostics, Infectious Disease Testing, Cardiac Marker Testing, Pregnancy and Fertility Testing, Cholesterol and Lipid Testing, Drugs-of-abuse Testing, Other Tests, Drug Development and Quality Testing.

Based on the end user, the global lateral flow assay test market is segmented into: Hospitals, Clinics Home Care, Diagnostic Laboratories, Pharmaceutical and Biotechnology Companies.

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Some of the key players in the Global lateral flow assay test market are F. Hoffmann-La Roche AG, Alere Inc., Danaher Corporation, Abbott Laboratories Inc., Bio-Rad Laboratories, Johnson & Johnson, Thermo Fisher Scientific Inc.

Regional analysis includes

  • North America
  • Latin America
  • Europe
  • Asia Pacific
  • Middle East & Africa

Report Highlights:

  • Shifting Industry dynamics
  • In-depth market segmentation
  • Historical, current and projected industry size Recent industry trends
  • Key Competition landscape
  • Strategies of key players and product offerings
  • Potential and niche segments/regions exhibiting promising growth
  • A neutral perspective towards market performance

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Persistence Market Research is a U.S.-based full-service market intelligence firm specializing in syndicated research, custom research, and consulting services. Persistence Market Research boasts market research expertise across the Healthcare, Chemicals and Materials, Technology and Media, Energy and Mining, Food and Beverages, Semiconductor and Electronics, Consumer Goods, and Shipping and Transportation industries. The company draws from its multi-disciplinary capabilities and high-pedigree team of analysts to share data that precisely corresponds to clients’ business needs.

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