Increasing Supply of Fertilizers in the Agriculture Sector to Propel Growth of the Global Ammonia Market

 

Ammonia is a toxic chemical of high nitrogen and oxygen. Generally, ammonia is found as a tasteless, odorless gas with a sharp smell. It results in a number of biological functions such as killing bacteria and killing microbial cells. Ammonia has many applications both at the industrial and household level. It is used as a starter for making fertilizers, killing organisms during soil remediation and as a fertilizer for livestock feeds. Ammonia is generally a colorless gas with a pungent odor. It gives off a very powerful odor which is responsible for the characteristic pungent odor of the compound.

Market Dynamics

Increasing supply of fertilizers in the agriculture sector is expected to propel growth of the global ammonia market. For instance, according to The Food and Agriculture Organization of the United Nations, world supply of ammonia increased from 153,766 thousand tons in 2015 to 171,433 thousand tons in 2018. Moreover, increasing adoption of green ammonia fuel is also expected to aid in growth of the market. For instance, in June 2019, TFX International, a provider of vehicle transport in North America, announced to provide two diesel fuelled generators and transport trucks to use Hydrofuel ammonia fuel and Ammonia Solutions multi-fuels systems at the 1st National Hydrogen Mobility Innovation Conference in Mississauga, Ontario.

Significant developments in floating ammonia production is expected to offer lucrative growth opportunities for players in the global ammonia market. For instance, in November 2020, Golar LNG Limited agreed with Black & Veatch Corporation to expand on their long-standing FLNG relationship and enter into a collaboration agreement in the field of floating ammonia production, carbon capture, green LNG and hydrogen. Moreover, initiatives to boost adoption of ammonia in thermal power generation is also expected to aid in growth of the ammonia market. For instance, in December 2020, Japan announced to introduce ammonia into the fuel mix for thermal power generation as well as for shipping from the late 2020s as part of its efforts to achieve carbon neutrality in 2050.

Competitive Analysis

Major players operating in the global ammonia market include, Yara International ASA, BASF SE, CF Industries Holdings, Inc., Nutrien Ltd., Potash Corporation of Saskatchewan Inc., Dangyang Huaqiang Chemical Co., Ltd., Shanxi Jinfeng Coal Chemical Co Ltd., GTS Chemical Holdings plc., Togliattiazot, OCI Nitrogen B.V., Agrium Inc., Sabic, and Koch Fertilizer, LLC among others.

December 2020: Yara International ASA announced plans for 500,000 tons per annum green ammonia production in Norway, powering emission-free shipping fuels and decarbonized food solutions.

The Pigment Market is witnessing substantial growth on the account of increasing spending by government on development of infrastructure

 

The pigment is an attractive, durable, and water-resistant material that's ideal for outdoor applications. It can be used in any area of the home for protection from the elements and is available in a wide range of colors, which can create a striking contrast to other materials such as wood, brick, and stone. Pigment market can be classified into organic and inorganic

Growing demand for pigment from various end-user industries such as paints and coatings, textiles, construction, and plastics is predominantly fueling the market growth. Rapid growth in the construction industry due to the increasing population which is driving demand for various infrastructure is contributing to market growth. Increasing government spending on the development of infrastructure is further anticipated to propel the market growth. According to the United Nation, the world’s population is expected to increase by 2 billion persons in the next 30 years, from 7.7 billion currently to 9.7 billion in 2050, and could peak at nearly 11 billion around 2100.

On the other hand, growing environmental concern as production process require high-water consumption is restricting the market growth. Moreover, high metal content in pigments and water pollution during the production process is also projected to hinder the market growth.

The Asia Pacific is expected to gain significant growth over the forecast period and this is attributed to increasing government spending on the construction industry. According to the India Brand Equity Foundation, India plans to spend US$ 1.4 trillion on infrastructure projects through the National Infrastructure Pipeline (NIP), from 2019 to 2023, to ensure sustainable development in the country. In 2019, the sector witnessed seven mergers and acquisition (M&A) deals worth US$ 1,461 million.

Key Developments:

In October 2019, Colors & Effects®, BASF’s brand focusing on the global pigments business, launched a new digital product finder tool that offers customers an integrated user experience for interacting with the brand’s diverse pigment portfolios for the Coatings, Plastics, Printing, Agriculture and Cosmetics markets.
In November 2019, BASF presented an innovative range of Colors & Effects pigments for plastic applications at the K trade fair in Dusseldorf, Germany
In June 2020, Clariant launched a new line of pigment dispersions engineered for exact color matching, reducing the time and costs related to batch-to-batch reformulations.
In May 2018, Croda International Plc. has announced the launch of their new Moonshine™ Effect Pigments.
In August 2019, DIC Corporation acquired BASF’s pigments business for around USD 1.3 Billion. for expanding its fine chemicals business

Insomnia Therapeutics Market 2020 Growth, Types, Trends, Size, Share

 

Insomnia, also known as sleeplessness, is a sleep disorder in which people have trouble sleeping. They may have difficulty falling asleep, or staying asleep as long as desired.Insomnia is typically followed by daytime sleepiness, low energy, irritability, and a depressed mood. It may result in an increased risk of motor vehicle collisions, as well as problems focusing and learning. Insomnia can be short term, lasting for days or weeks, or long term, lasting more than a month.

Insomnia can occur independently or as a result of another problem. Conditions that can result in insomnia include psychological stress, chronic pain, heart failure, hyperthyroidism, heartburn, restless leg syndrome, menopause, certain medications, and drugs such as caffeine, nicotine, and alcohol.Other risk factors include working night shifts and sleep apnea.Diagnosis is based on sleep habits and an examination to look for underlying causes.A sleep study may be done to look for underlying sleep disorders.

Worldwide Insomnia Therapeutics Market is expected to arrive at USD 3.45 billion by 2025. A sleeping disorder Therapy suggests various examples of treatment to deliver issue regarding inception just as upkeep of rest. These rest problems are named as "A sleeping disorder". Sleep deprivation brings about non-beneficial work hours. Whenever left untreated, this condition may prompt a mental meltdown as well as despondency in the patient. The side effects incorporate daytime drowsiness, low endurance, peevishness, and melancholy. It is a predominant problem that influences a huge number of individuals, internationally.

The elements that move the development of the Insomnia Therapeutics Market incorporate developing clinical systems, expansion in the quantity of mental issues, rising matured populace, and expanding anxiety, presentation of actually progressed clinical gadgets, and expanding mindfulness among individuals. Then again, there are factors that may hamper the development of the market, for example, Insomnia remedial medications may prompt a few sensitivities, and the opposite results. A sleeping disorder Therapeutics Market is expected to develop at a critical CAGR of 5.3% in the impending time frame as the extension, item types, and its applications are expanding across the globe.

Global Boric Acid Market Industry Analysis and forecast 2027

 

Boric acid was used for many years as an antiseptic for the treatment of various diseases. It was also used as an oxidizing agent in laboratories. However, it is not known to have any disinfectant properties and is primarily used as an antiseptic. When administered in a simple mouthwash, the product has very few antiseptic characteristics but does possess some oxidizing activity and hence its use in the cosmetic industry. The major purpose for the use of borax was to neutralize the effects of hydrocyanic acid (which reacts with certain metals) and prevent the accumulation of mercury and other toxic heavy metals in the blood stream.

Rapid urbanization coupled with the increasing per capita income of the consumer is driving the growth of the boric acid  market. Growing demand for boric acid from energy-saving applications and as insulation material in the construction industry is also projected to foster market growth. Increasing use of boric acid for the generation of energy is further projected to propel the growth of the boric acid market. thus a high demand for energy due to the growing population will favor the market growth. According to the United Nation, the world’s population is expected to increase by 2 billion persons in the next 30 years, from 7.7 billion in 2019 to 9.7 billion in 2050.

The Asia Pacific is expected to gain significant growth over the forecast period and this is attributed to the strong presence of the chemical developers in the region. China is one of the largest producers of chemicals. According to the Cefic Facts & Figures 2020, with €1,198 billion in 2018, China is still the largest chemical producer in the world, contributing 35.8% of global chemical sales in 2018.

Key Developments:

In August 2020, US Pharmaceutical Corporation®, the probiotic and nutritional supplement company, launches Hylafem® pH vaginal suppositories, a unique, patented, homeopathic suppository product consists of boric acid which efficaciously tackles recurring women’s vaginal health issues.
In December 2019, ioneer Ltd has signed its first binding offtake agreement for the supply of 105,000 tonnes of boric acid per annum for five years. This represents over half the expected boric acid annual production from Rhyolite Ridge.
In December 2020, Ioneer USA Corporation, an emerging lithium-boron supplier, and Dragonfly Energy announced the completion of a Memorandum of Understanding (MOU) that outlines how the two Nevada-based companies plan to work together to strengthen the domestic battery supply chain from critical materials to the next generation lithium technologies.

Generic Drugs Market by Type, Application, and Geography

 

A generic drug is a drug that contains the very synthetic substance as a medication that was initially secured by compound licenses. generic drug are took into consideration deal after the licenses on the first medications terminate. Since the dynamic compound substance is something very similar, the clinical profile of generics is accepted to be identical in performance.A generic drug has a similar dynamic drug fixing (API) as the first, however it might contrast in certain attributes, for example, the assembling interaction, plan, excipients, shading, taste, and bundling.

In spite of the fact that they may not be related with a specific organization, conventional medications are typically dependent upon unofficial laws in the nations in which they are apportioned. They are named with the name of the producer and a nonexclusive non-restrictive name, for example, the United States Adopted Name (USAN) or International Non-exclusive Name (INN) of the medication. A conventional medication should contain similar dynamic fixings as the first brand-name definition. The U.S. Food and Drug Administration (FDA) expects generics to be indistinguishable from or inside a satisfactory bioequivalent scope of their image name partners, concerning pharmacokinetic and pharmacodynamic properties.

The global generic drugs market is segmented on the basis of product type, application, distribution channel, and region. On the basis of product type, the market is segmented into simple generics, super generics, and biosimilars. Based on application the market is divided into cardiovascular products, anti-infective drugs, anti-arthritis drugs, central nervous system drugs, anti-cancer drugs, respiratory products, and others. On the basis of distribution channel, the market is segmented into hospitals, pharmacies, private clinics, drug stores, retail pharmacies, and others. Geographically, the market has been analyzed across North America, Europe, Asia-Pacific, and LAMEA.

The key players that operate in this market include Abbott Laboratories, Teva Pharmaceutical Industries Ltd., ALLERGAN, Sandoz International GmbH, Mylan N.V., STADA Arzneimittel AG, Baxter International Inc., Eli Lilly and Company, GlaxoSmithKline Plc., and Pfizer Inc.

Breast Implants Market - Growth, Trends, COVID-19 Impact, and Forecasts

 

Breast implants are types of prostheses used to change the size, contour, and shape of a person’s breast. Generally, in plastic surgery, breast implants can be placed to restore a natural-looking breast after mastectomy.

Increasing incidence of breast cancer is expected to drive growth of the global breast implants market during the forecast period. Breast cancer is one of the most common types of cancer among women, which requires surgical procedures. According to the World Cancer Research Fund (WCRF), in 2018, around 2 million new cases of breast cancer were recorded across the globe. According to the U.S. Breast Cancer Statistics, 1 in 8 U.S. women, around 12%, is expected to develop invasive breast cancer over the course of her lifetime. Through breast implants, surgeons can create a reconstructed breast after a mastectomy, which is the removal of natural breast tissue. Thus, these factors are expected to drive growth of the global breast implants market during the forecast period. Furthermore, increasing number of breast augmentation procedures is expected to drive growth of the global breast implants market growth over the forecast period. Besides, technological advancements are expected to boost the global breast implants market growth over the forecast period.

However, high cost of implantation procedure combined with the risk of complications is expected to hinder the global breast implants market growth over the forecast period. Moreover, the emergence of alternative techniques is expected to restrain the market growth in the near future. Among regions, North America is expected to witness significant growth in the global breast implants market during the forecast period. This is owing to rising healthcare expenditure in the U.S. Increasing prevalence of breast cancer is expected to boost the regional market growth over the forecast period. Moreover, Europe is expected to register a robust growth rate over the forecast period, owing to a high level of awareness regarding cosmetic surgeries in the region.

Key companies involved in the global breast implants market are Allergan plc, Sientra Inc., Establishment Labs SA, Shanghai Kangning Medical Supplies Ltd, GC Aesthetics, Polytech Health & Aesthetics GmbH, Groupe Sebbin SAS, Mentor Worldwide LLC, and Laboratories Arion.

For instance, in August 2020, Sientra Inc., a medical aesthetics company, received the approval from Pharmaceutical and Medical Device Agency (PDMA), Japan for the OPUS line of breast implants in Japan.

Increasing Number of Nail Salons to Augment the Nail Polish Market Growth

 

Nail Polish is a lacquer used to decorate both fingernails and toenails. It is also used to protect the nail plates. Nail Polish is made using various chemical compositions such as pearls, resins, pigments, plasticizers, film formers, solvents, and thickening agents (such as stearalkonium hectorite) to bind other ingredients. It is available in multiple colors. The increase in the female population has boosted the demand for nail polish worldwide. Customers are choosing nail polish based on their choice of nail art.

The increasing population of working women and growing awareness among consumers about grooming is driving the growth of the cosmetic industry, which in turn is driving the nail polish market growth. In 2019, Nail polish generated sales of around US$ 552.51 million, accounting for around 40% of the nail products in the United States. Moreover, the increasing number of nail salons and increasing disposable income is another factor, which may lead to the market growth. Increased disposable income leads to increased spending on personal care & cosmetic products. According to Statista, in 2019, the per capita disposable income in the United States was US$ 45,579. Thus, with rising disposable income, the demand for nail salons is expected to increase in the near years.

However, due to growing health concerns, the use of harmful chemicals in the manufacturing of nail polish may hamper the nail polish market growth. Nail polish contains hazardous and toxic chemical ingredients such as dibutyl phthalate and toluene, which can adversely affect human health. Health risks, such as chronic health problems, reproductive health issues, etc., are associated with nail polish products. It is mandatory for cosmetic manufacturers (under section 740.1) to put a warning on the product about possible health hazards that can result from using a product, according to the United States Food and Drug Administration (FDA). Moreover, a label should contain a list of ingredients used in that product.

In terms of geography, the nail polish market can be divided into six regions, such as North America, Europe, Asia Pacific, South America, the Middle East, and Africa. Asia Pacific is expected to continue its dominance due to the increasing population of working women, which in turn increases the demand for nail polish products in the region. Key players operating in the market are adopting various strategies such as new product launches or business expansion to broaden their product portfolio, as well as market presence. For instance, in December 2019, Kay Beauty forayed into nail products and launched its first nail varnish collection with around 36 shades. Moreover, in October 2019, Hello Kitty and OPI launched a new limited-edition collection in India with around 25 shades.

High Fructose Corn Syrup Market - Global Industry Analysis, Size, Share, Growth, Trends

 

High fructose corn syrup is often called cane sugar, corn sweetener, glucose syrup, or cane sugar, and is a sweetening agent made with corn starch. Unlike regular sugar, high fructose corn syrup is broken into sugar before being absorbed by the body. As in the production of ordinary corn syrup, the sugar is broken down to glucose by digestive enzymes. This simple process provides glucose to cells in the body that need it. However, due to the lack of calories and other nutrients in regular sugar, this type of sugar is not as readily absorbed as other sugar types.

Rising demand for sweeteners in the food and beverage industry is expected to drive growth of the global high fructose corn syrup market during the forecast period. In the food and beverage industry, high fructose corn syrup is mainly used as a sweetener, typically in cereal products, dairy, baking, canning, condiments, ice-creams, carbonated soft drinks, and confections & desserts. Generally, HFCS has been compared to granulated sugar as a sweetener. However, HFCS is easier to handle and more cost-effective. Furthermore, HFCS 55 is usually used in the production of soft drinks while HFCS is used in breakfast cereals and processed foods. The demand for confectionery and processed food is increasing rapidly in both developed and emerging economies, which in turn, is boosting the consumption of high fructose corn syrup. Thus, these factors are expected to drive growth of the global high fructose corn syrup market during the forecast period. Moreover, easy logistics and handling of HFCS are expected to boost the global high fructose corn syrup market growth over the forecast period.

However, rising concerns over diet intake combined with reduced intake of sweetened products globally and rising adoption of zero-calorie substitutes are expected to hamper the global high fructose corn syrup market growth over the forecast period. Among regions, North America is expected to witness significant growth in the global high fructose corn syrup market during the forecast period High Fructose Corn Syrup. This is owing to rising production of HFCS in the region. According to the U.S. Department of Agriculture, the U.S. exported over 1.24 million metric ton of HFCS in 2017, increasing from 1.121 million metric ton in 2016.

Key players involved in the global high fructose corn syrup market are Cargill Inc., COFCO International, Tate & Lyle, Kerry Group Plc, Archer Daniels Midland Company, Japan Corn Starch Co., Ingredion Incorporated, and Global Sweeteners Holdings Limited.

For instance, in April 2020, Ingredion Inc., a U.S.-based manufacturer of high fructose corn syrup, acquired a 75% stake in PureCircle Ltd.’s stevia company.

Rising Popularity of Yoga Worldwide to Augment the Yoga Accessories Market Growth

 

Yoga is a group of mental, physical, and spiritual practices or disciplines that originated in ancient India. With time, people have discovered several health benefits associated with yoga. Yoga improves posture, increases flexibility, builds muscle strength, helps in lowering blood sugar, boosts metabolism, increases blood flow, increases self-esteem, keeps diseases at bay, helps you sleep better, and improves lung function. Accessories that one may need while doing yoga include yoga mats, yoga straps, yoga clothes, yoga bricks, yoga wheel, yoga belt, yoga wedge, yoga towel, exercise ball, yoga CD’s, etc.

Many factors are driving the overall growth of the yoga accessories market. The rising popularity of yoga, as well as the growing awareness among health-conscious people worldwide, is one of the key driving factors for the market growth. The number of ‘yogis’ has increased by more than 50% in the last few years. Growing concerns about health and fitness due to the rising health problems (such as obesity) has led to the increasing adoption of Yoga, which, in turn, boost the market growth. Moreover, people are signing up for yoga classes and performing different asanas to adopt a healthier lifestyle. Thus, the increasing number of yoga studios worldwide is also expected to propel the growth of the yoga accessories market.

The increasing popularity of yoga is increasing the demand for yoga accessories across the globe. Moreover, to avoid adverse impacts on the environment, manufacturers are switching to recyclable raw materials and biodegradable products for the development of these accessories. Manufacturers are opting for raw materials such as cotton, jute, and natural rubber over synthetic rubber, nylon, and polyurethane for eco-friendly yoga mats. Moreover, governments are focusing on initiatives to promote yoga and health benefits from yoga. For instance, in 2018, the Indian government allocated INR 1000 Cr for the development of the AYUSH (the Ayurveda, Yoga and Naturopathy, Unani, Siddha and Homoeopathy) system of medicine to promote yoga across the nation. These factors are expected to aid market growth.

In terms of geography, the yoga accessories market is divided into six regions, such as North America, Europe, Asia Pacific, South America, the Middle East, and Africa. Major players in the market are focusing on innovative and technologically advanced products to increase sales of yoga accessories. For instance, in 2017, Indiegogo developed smart mat technology that provides the practitioner with vital information about body alignment and the correctness of the postures. The smart mat is embedded with over 20,000 sensors. Moreover, in 2019, Flipkart launched private sports and fitness brand, Adrenex, which includes products such as yoga mats.

Global Spinal Implants Market Size, Share, Trends, COVID-19 Impact & Growth Analysis

 

Spinal implants are implanted into the bone, which is then secured to the spinal column. Spinal or vertebral implant systems typically made of titanium, plastic, or other synthetic materials, using specially designed spinal tooling are most often used in instances when spinal injuries require surgical intervention. These implant products fuse together to promote stabilization and improve function, as well as correcting deformities and stabilizing and strengthening the spine.

Spinal implants can be used for both rehabilitation and permanent modification. They are generally recommended for use in patients suffering from certain types of spinal injuries, including degenerative disc disease, scoliosis, spondylolysis (a condition in which the backbone's soft tissue is deformed), spinal stenosis (a narrowing of the spinal canal), or more severe back injuries.

The increasing prevalence of spinal arthritis is a prime factor propelling the growth of spinal implants market. According to the World Health Organization, worldwide estimates are that 9.6% of men and 18.0% of women aged over 60 years have symptomatic osteoarthritis. 80% of those with osteoarthritis will have limitations in movement, and 25% cannot perform their major daily activities of life. The growing geriatric population is further increasing the prevalence of spinal implants. This is again propelling the growth of spinal implants market. Increasing healthcare spending for improving infrastructure and patient care is again expected to foster the market growth of the spinal implants.

From the geographical point of view, North America is expected to gain significant growth over the forecast period and this is attributed to the high presence of the geriatric population in the region. According to the U.S. Census Bureau, there were 40.3 million U.S. residents 65 years and older in the 2010 Census and more than 54 million in July 2019. Also, the strong presence of the medical implants industry in the region is again projected to propel the market growth.

Key Developments:

1. In January 2019, ulrich medical USA, Inc., announced the market entry of a highly-anticipated, new generation vertebral body replacement device which is the company’s flagship technology in the U.S. spine implant market.

2. In October 2019, Xtant Medical has launched three new spinal implants—two cervical interbody spacers and one plasma coated PEEK implant.

3. In November 2020, Huntsville, AL, based spinal implant manufacturer Curiteva, Inc announced record revenue for Q3 2020 with the successful launch of their Prodigy Open and MIS posterior fixation systems.

Plywood Market: Global Industry Trends, Share, Size, Growth, Opportunity

 

A highly versatile product, plywood is used for a wide range of structural, interior, and exterior applications. Plywood is a wood panel made of veneer sheets, glued together using strong adhesives, such as phenol or urea-formaldehyde resin, to create a wood panel equally strong or stronger than wood. It is manufactured from hardwoods, softwoods, or a combination of both. It is widely used in the construction industry to manufacture shutters and light doors, to make mold or framework for wet concrete, the formation of external walls or light partition, and to produce furniture such as kitchen cabinets, cupboards, etc. Furthermore, plywood finds application in a variety of non-construction industries, such as packaging, truck trailers, material handling, upholstered furniture, and more.

The plywood market is expected to witness a substantial growth due to factors such as the growth of end-use industries, such as furniture, packaging, construction, etc., coupled with the growing applications of plywood as building materials due to its excellent properties, such as thermal and sound insulation, water and chemical resistance, flexibility, panel shear/braced panels shear, high impact resistance, dimensional stability, and high strength. The above-mentioned properties make them an ideal packaging material, especially for long-distance transportation. However, factors such as the high cost of plywood (compared to particleboards, medium density fiberboard, and orient strand boards) and the availability of various alternatives such as plastic and glass are expected to hamper the plywood market growth.

Moreover, government initiatives to provide housing to every individual and the growing investments in commercial and residential construction activities worldwide are expected to boost demand for plywood, which, in turn, is expected to drive the market growth, especially in the Asia Pacific. For instance, the Government of India introduced the Housing for all by 2022 scheme or the Pradhan Mantri Awas Yojana to provide affordable housing to all citizens by 2022. Moreover, China is the world’s largest producer of plywood due to local machine suppliers, simple technology, and economical labor.

In terms of geography, the plywood market splits into North America, Europe, Asia Pacific, South America, the Middle East, and Africa. Based on the product type, the plywood market is segmented into commercial ply, semi-waterproof ply, and waterproof ply, while based on the application, the plywood market is segmented into tropical plywood, softwood plywood, decorative plywood, and hardwood plywood. Key players operating in the market are adopting various strategies, as well as launching new products, to strengthen their product portfolio. For instance, in August 2020, Century Plyboard announced that the company used nanotechnology to manufacture Virokill plywood and laminate products.

Radiofrequency Ablation Device Market Size, Status, Demand, Growth

 

Radiofrequency ablation is a relatively new method of reducing pain associated with back pain. In a recent review published by an organization that studies medical innovations, the Global Commission on Systemic Palliative Care (GCSPC) stated that the most common application for radiofrequency ablation is the treatment of pain in the spine, which has been used since the 1970s. There are many other applications, although these are two examples of the typical type of pain that this device is used to relieve.

Rising prevalence of cancer is expected to drive growth of the global radiofrequency ablation device market during the forecast period. The number of cancer cases has increased over the years globally. According to the World Health Organization (WHO), in 2018, around 18.1 million new cases of cancer and 9.6 million deaths due to cancer were reported globally. According to the same source, around 70% of deaths from cancer occur in emerging economies with lung cancer accounting for the majority of deaths followed by breast cancer. Furthermore, according to the National Cancer Institute, in 2020, around 1,806,590 new cases of cancer are expected to be diagnosed in the U.S. with over 600,000 people dying from this disease. Such high incidence of cancer has led to increased demand for radiofrequency ablation devices. Hence, these factors are expected to drive growth global radiofrequency ablation device market during the forecast period. Furthermore, rising prevalence of cardiovascular disease combined with increasing number of ablation procedures is expected to boost the global radiofrequency ablation device market growth over the forecast period.

However, unfavorable regulatory scenarios combined with high healthcare and maintenance cost is expected to hinder the global radiofrequency ablation device market growth over the forecast period. Furthermore, rising awareness regarding ablation procedures can present lucrative growth opportunities in the global radiofrequency ablation device market. Among regions, North America is expected to witness significant growth in the global radiofrequency ablation device market during the forecast period. This is owing to the high prevalence of cancer combined with the presence of robust healthcare infrastructure in the region. Furthermore, Asia Pacific is expected to register a robust growth rate over the forecast period. This is owing to the introduction of advanced technology such as multi-needle electrode that offers accuracy.

Key players operating in the global radiofrequency ablation devices market are Boston Scientific Corporation, AngioDynamics, Medtronic, Johnson & Johnson (J&J) Services, LLC, Stryker, Smith & Nephew, Cosman Medical, Inc., and St. Jude Medical.

For instance, in June 2020, Boston Scientific Corporation introduced DIRECTSENSE Technology, a tool monitoring the effect of radiofrequency (RF) energy delivery during cardiac ablation procedures.

Global Steam Autoclaves Market – Industry Trends and Forecast to 2027

 

An autoclave is a machine used to carry out industrial and scientific processes requiring elevated temperature and pressure in relation to ambient pressure/temperature. Autoclaves are used in medical applications to perform sterilization and in the chemical industry to cure coatings and vulcanize rubber and for hydrothermal synthesis. Industrial autoclaves are used in industrial applications, especially in the manufacturing of composites.

Many autoclaves are used to sterilize equipment and supplies by subjecting them to pressurized saturated steam at 121 °C (250 °F) for around 15–20 minutes depending on the size of the load and the contents. The autoclave was invented by Charles Chamberland in 1879, although a precursor known as the steam digester was created by Denis Papin in 1679.The name comes from Greek auto-, ultimately meaning self, and Latin clavis meaning key, thus a self-locking device.

Market Analysis

Steam autoclaves market is expected to gain market growth in the forecast period of 2020 to 2027. Data Bridge Market Research analyses the market to account to USD 3.91 billion by 2027 growing at a CAGR of 8.61% in the above-mentioned forecast period. Rising health awareness among the patients regarding the benefits of autoclaves will help in driving the market growth.

Surging volume of patients suffering from hospital acquired infections, rising adoption of central sterile supply department healthcare establishment design, increasing need to manage medical waste and bio-hazardous which will likely to enhance the growth of the steam autoclaves market in the forecast period of 2020-2027. On the other hand, rising applications from healthcare, dental and pharmaceutical sector along with implementation of strict government rules which will bring immense opportunities for the growth of the steam autoclaves market in the above mentioned forecast period.

Anti-snoring Treatment Market - Global Industry Share, Growth, Competitive Analysis and Forecast

 

Snoring is the vibration of respiratory designs and the subsequent sound because of deterred air development during breathing while at the same time dozing. At times, the sound might be delicate, yet by and large, it very well may be boisterous and horrendous. Snoring during rest might be a sign, or first caution, of obstructive rest apnea (OSA). Examination proposes that snoring is one of the elements of lack of sleep.

Snoring is known to cause lack of sleep to snorers and people around them, just as daytime languor, fractiousness, absence of center and diminished libido.It has likewise been recommended that it can make huge mental and social harm sufferers.Multiple examines uncover a positive connection between's noisy snoring and hazard of cardiovascular failure (about +34% possibility) and stroke (about +67% possibility).

In spite of the fact that snoring is regularly viewed as a minor burden, snorers can now and then endure extreme impedance of way of life. The between-subjects preliminary by Armstrong et al. found a measurably huge improvement in conjugal relations in the wake of snoring was carefully revised.

Anti-snoring Treatment Market size was valued at USD 4.2 billion in 2020 and is expected to expand at over 8.5% CAGR from 2021 to 2027. Increasing geriatric population base coupled with rising demand for snore-controlling devices will augment the market growth. As the age progresses, the weight around the neck area grows and narrows in size. Also, with aging, the sleeping habits also change and thereby lead to snoring.

Anti-snoring devices mainly include oral appliances that are recommended for use in patients suffering from snoring or obstructive sleep apnea. These devices are to be used during night-time and they act by pushing the lower jaw or tongue forward. This keeps the epiglottis parted from the uvula and prevents the snoring sound created by vibration of soft tissues of palate.

Increasing number of obese people will drive the demand of anti-snoring devices. Habitual snoring is highly associated with the anatomy of an individual’s mouth. Narrowing of airways due to excess of weight leads to obstruction in breathing, thereby growing the incidence of snoring.

Global mhealth Market : Industry Analysis and Forecast (2020-2026)

 

mHealth (additionally composed as m-wellbeing or mhealth) is a contraction for portable wellbeing, a term utilized for the act of medication and general wellbeing upheld by cell phones. The term is most ordinarily utilized concerning utilizing versatile specialized gadgets, like cell phones, tablet PCs and individual computerized collaborators (PDAs), and wearable gadgets like shrewd watches, for wellbeing administrations, data, and information collection.The mHealth field has arisen as a sub-section of eHealth, the utilization of data and correspondence innovation (ICT), like PCs, cell phones, interchanges satellite, patient screens, and so forth, for wellbeing administrations and information.mHealth applications remember the utilization of cell phones for gathering local area and clinical wellbeing information, conveyance/sharing of medical services data for professionals, analysts and patients, constant checking of patient fundamental signs, the immediate arrangement of care (by means of portable telemedicine) just as preparing and coordinated effort of wellbeing laborers.

MHealth Market Overview

MHealth Market size is forecast to reach $287.65bn by 2025, growing at a CAGR of 23.8% during the forecast period 2020-2025. MHealth (mobile health) is a general term for the use of mobile phones and other wireless technology in medical care. The most common application of MHealth is the use of mobile devices to educate consumers about preventive healthcare services. Uses of portable healthcare devices like Glucaphone, independent aging solutions and patient monitoring services are becoming increasingly popular in the MHealth Market.

Next Generation Data Storage Market Size, Market Share, Application Analysis, Regional Outlook, Growth Trends

 

Application and Data Storage Software has been an integral part of the growing number of applications and devices. It can be rightly said that without the application and data storage software, it would be impossible to store data, irrespective of its size. Data storage software plays a key role in providing a framework with which the applications can work. Since the number of hardware along with software and computer is increasing at a rapid pace, the predictability and the scalability of the devices and applications are also rising steeply.

Increasing proliferation of smartphones, laptops, and tablets is expected to drive growth of the global next generation data storage market. Electronic products such as laptops and smartphones have witnessed significant massive demand in the recent past. This is typically owing to rapid growth of the electronics industry. According to the India Brand Equity Foundation (IBEF), the Indian appliance and consumer electronics market was valued at US$ 10.93 billion in 2019 and is expected to reach US$ 21.18 billion in 2025. Besides, key players are launching innovative products to gain a competitive edge in the market. For instance, in March 2020, Apple Inc. launched iPad Pro with LiDAR Scanner. As a result of this, the demand for next-generation data storage is increasing rapidly. Thus, these factors are expected to drive growth of the global next generation data storage market. Furthermore, robust growth of the IoT market is expected to boost the global next generation data storage market growth in the near future.

However, lack of data security in cloud- and server-based services is expected to hinder the global next generation data storage market growth over the forecast period. Among regions, North America is expected to witness significant growth in the global next-generation data storage market. This is owing to the easy availability of technologically advanced products such as 3D and molecular storage. Furthermore, Asia Pacific is expected to register a robust growth rate over the forecast period, owing to increase in the laptop and smartphone users in the region.

Key companies operating in the global next generation data storage market are Inspur, Hewlett Packard Enterprise Company, Netgear Inc., Dell Inc., Micron Technology, Inc., NetApp, Inc., International Business Machines Corporation, and Hitachi, Ltd.

For instance, in October 2020, Inspur launched a Cloud SmartNIC solution based on NIVIDIA BlueField-2 data processing unit (DPU) at GTC 2020.

Global Iced Tea Market Growth, Share, Size, Trends and Forecast (2021 - 2027)

 

Iced tea (or ice tea) is a form of cold tea. Though usually served in a glass with ice, it can refer to any tea that has been chilled or cooled. It may be sweetened with sugar, syrup and/or apple slices. Iced tea is also a popular packaged drink and can be mixed with flavored syrup, with multiple common flavors including lemon, raspberry, lime, passion fruit, peach, orange, strawberry, and cherry.

While most iced teas get their flavor from tea leaves (Camellia sinensis), herbal teas are sometimes served cold and referred to as iced tea. Iced tea is sometimes made by a particularly long steeping of tea leaves at a lower temperature (one hour in the sun versus five minutes at 80 to 100 °C (176 to 212 °F), which is known as sun tea.

Market Analysis

The iced tea market is growing at a significant CAGR of 6.30% in the forecast period of 2020- 2027. Iced tea is a popular packaged drink in the form of cold tea, served cold. It is usually sweetened using sugar or syrup. In addition, it is sweetened with fragrant syrups with many common flavoured infusions including lemon, peach and cherry. Iced tea sometimes does not show its results as the tea does not show its properties at a high temperature, especially the tea leaf.

Tea is the most consumed beverage with many health benefits. The aromatic beverage camellia sinensis is produced by the processing and fermentation of plant leaves. It contains an antioxidant called flavonoids, which stabilizes harmful free radicals in the body.

The trend in the target market is growing, and consumers' awareness of the sugar content in beverages will be increased, resulting in the adoption of iced tea. For example, Slow-Joe introduced sugar-free iced teas in 2016, making it popular among health-conscious consumers thus creating new opportunities for the market players to grow their roots in the market.

Online Clothing Rental Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2020-2025

 

Online clothing rental is a rental service through which people can rent clothes for a predefined period. These services are sometimes beneficial for individuals attending events, such as theme parties, wedding parties, corporate parties, filmmaking, and photo-shoots. Fashion-conscious people lack the financial resources to buy clothes of their choice can use such rental services. Furthermore, these services are also useful for people who are undergoing temporary changes in their physique. The above-mentioned factors are expected to drive the online clothing rental market growth.

Renting a product is always a cost-effective option in an industry, where the trends keep changing and individuals do not prefer repeating clothes. As a result, people prefer to rent clothes to remain fashionable. The growth e-commerce sector, particularly in the Asia Pacific is expected to drive the growth of the online clothing rental market. For instance, in 2019, India-based Clothing Rental expanded its digital presence to boost online sales across the country. Moreover, the company planned to focus on e-commerce platforms for growth in the country and also plans to enter international markets. However, factors such as less societal acceptance, low consumer awareness, and improper regulations are expected to hamper the market growth. Furthermore, rented clothes cannot be altered based on the size of the individuals. Thus, some companies offer the same product in different sizes so that individuals can choose the most suitable product.

Moreover, the online clothing rental market is highly fragmented due to the presence of many unorganized manufacturers offering non-branded and affordable products. The ease of use of online retail is also expected to augment the market growth. Thanks to the rapid advances in the telecom industry, the popularity of internet shopping portals has grown rapidly in the last decade. In terms of geography, the online clothing rental market is divided into six regions, such as North America, Europe, Asia Pacific, South America, the Middle East, and Africa. The major players active in the market are focused on product launches and partnerships to meet the growing demand as well as strengthen their market presence. For instance, in August 2020, Selfridges jumped into clothing rental to offer fashion items for rent to attract younger and ecologically minded customers. The company joined forces with an online fashion rental platform, HURR, to offer 100 items from around 40 fashion brands for up to 20 days.

The global ski gear & equipment market is booming, with companies from emerging economies such as Anta Sports taking the lead

 

Skiing is a competitive sport or recreational activity where contestants use skis and skate on snow. Various skiing sports or activities are acknowledged by the International Olympic Committee as well as International Ski Federation. There are different products and equipment used in skiing activities such as ski boots, skis and poles, ski protective gear and accessories, ski glasses, and more. Ski gear and clothing manufacturers have been diversifying their offerings to meet the growing needs of the ski, snowboard, and related industries. It has been observed that during periods of economic turmoil there is a large upsurge in sales of clothing and ski gear as people seek a safe alternative to their hard-earned money. In the same vein, it has been observed that ski apparel manufacturers have recognized the need for effective ski wear protection against the elements. Thus, they have taken steps to provide better ski apparel for both the wearer and those skiing with them.

Rising participation rate in outdoor activities such as snow sports is expected to drive growth of the global gear & equipment market during the forecast period. More and more people are participating in outdoor activities such as skiing and snow sports. The governments of many countries have taken initiatives to encourage participating in skiing. This, in turn, has supported growth in the number of ski resorts. For instance, in November 2020, the Government of Ladakh, India announced to set up a snow skiing institute in Kargil to promote winter sports. Such efforts from the government have led increased participation in skiing and snow sports, eventually boosting the demand for ski gear and equipment. Thus, these factors are expected to drive growth of the global ski gear and equipment market during the forecast period. Furthermore, rising disposable income of people across the globe is expected to propel the global ski & gear equipment market growth in the near future.

However, high cost associated with equipment is expected to restrain growth of the global ski gear & equipment market during the forecast period. Among regions, Europe is expected to witness significant growth in the global ski gear & equipment market during the forecast period. This is owing to the presence of premier destinations across the Alps and Pyrenees in the region. Furthermore, North America is expected to register a robust growth rate over the forecast period, owing to increasing engagement in skiing activities in the region.

Key players involved in the global skiing gear and equipment market are Anta Sports, Vista Outdoor Inc., Fischer Beteiligungsverwaltungs GmbH, Clarus Corporation, Skis Rossignol SA, Kohlberg & Company LLC, Coalition Snow, and Alpina DOO.

As the incidence of traumatic brain injuries and neurodegenerative disorders continues to rise, the intracranial pressure monitoring devices market is expected to grow dramatically

 

Intracranial pressure monitoring devices (ICP) observing alludes to an analytic test, which utilizes a gadget that assists specialists with deciding cerebrospinal liquid (CSF) pressure is whether low or high. The screen detects the pressing factor inside the skull and sends estimations to the chronicle gadget. ICP observing gadgets are commonly used to analyze cerebrum injury and head wounds. It is additionally used to inspect neurodegenerative issues like Parkinson's and Alzheimer's.

Expanding instances of head and cerebrum wounds are required to drive development of the worldwide intracranial pressure monitoring devices market during the estimate time frame. As per the Centers for Diseases Control and Prevention (CDC), awful cerebrum injury (TBI), is one of the significant reasons for death and incapacity in the U.S. As indicated by a similar source, from 2006 to 2014, TBI-related hospitalization and passings expanded by 53%, while around 155 individuals bite the dust every year from TBI-related wounds in the U.S. As per the CENTER-TBI, around 50 million new instances of TBI are recorded internationally, while around 57,000 TBI-related passings are recorded in the European Union (EU). A particularly monstrous rate of TBI has prompted popularity for intracranial pressure monitoring devices observing gadgets. These gadgets empower specialists to decide whether the cerebrospinal liquid is high or low. Consequently, these elements are required to drive development of the worldwide intracranial pressure monitoring devices market during the conjecture time frame. Besides, rising predominance of neurodegenerative issues is required to support the worldwide intracranial pressure monitoring devices market development over the conjecture time frame. As per the Alzheimer's Association, more than 5 million U.S. residents of any age experience the ill effects of Alzheimer's, a neurodegenerative issue.

Notwithstanding, the absence of gifted staff for taking care of gear joined with high procedural expense of these gadgets is relied upon to limit development of the worldwide intracranial pressure monitoring devices market development over the figure time frame. Moreover, developing mindfulness and mechanical progressions in intracranial pressure monitoring checking gadgets can introduce rewarding development openings sooner rather than later. Among areas, North America is required to observe critical development in the worldwide intracranial pressure monitoring devices market during the estimate time frame. This is inferable from the presence of strong medical care foundation and early appropriation of cutting edge ICP checking gadgets across the area. Also, Asia Pacific is relied upon to enroll a vigorous development rate over the conjecture time frame, inferable from proactive activities attempted by government specialists and the presence of grounded emergency clinics around there.

As the industry leader, the global PET bottle market continues to grow. Gerresheimer AG expands its pharmaceutical packaging production capacity in Changzhou, China

 

PET bottles have changed the way soft drinks are packaged and marketed over the past twenty years. PET is considered to be one of the most versatile and cost-efficient plastic products. It can be used in a wide range of applications, including high-volume shipping applications, flexible packaging applications, food packaging applications, dental applications, automotive applications, and industrial applications. The large volume production of PET as a packaging material has enabled manufacturers to use a uniform manufacturing process to produce a consistent product with excellent quality. PET has the ability to maintain its dimensional stability at room temperature, which results in its application in a wide range of applications.

Increasing demand from the food & beverage industry is expected to drive growth of the global PET bottles market during the forecast period. The food and beverage industry has expanded significantly over the years with rising urbanization and higher inclination towards convenience food. According to the Ministry of Food Processing Industries, India, the food and beverage industry in India is expected to reach US$ 1.42 trillion by 2025, increasing from US$ 369 billion in 2017. According to the Food & Drink Federation (FDF), in 2018, total sales of manufactured food and drink reached over US$ 90 billion in the U.K. The food and beverage industry is the largest end-use industry of PET packaging bottles. These bottles are used to package various products including ketchup, cola, sodas, sauce, syrups, juice, fruit concentrates, etc. Thus, these factors are expected to drive growth of the PET bottles market during the forecast period. Moreover, continuous technological advancements in PET packaging are expected to boost the global PET bottles market growth over the forecast period.

However, fluctuations in raw material prices and environmental concerns regarding the use of plastics are expected to hinder the global PED bottles market growth over the forecast period. Advent of eco-friendly and recycled PET bottles can present lucrative growth opportunities in the global PET bottles market in the near future. Among regions, Asia Pacific is expected to witness significant growth in the global PET bottles market during the forecast period. This is owing to increasing demand from Japan, China, and India. Furthermore, North America is expected to register a robust growth rate over the forecast period, owing to high growth of pharmaceutical sector where PET bottles are used for the packaging of medicines.

Key companies involved in the global PET bottles market are Alpha Packaging, Cospack America Corporation, CKS Packaging Inc., Gerresheimer AG, Bericap GmbH & Co. KG, Alpack Plastic Packaging, Plastipak Holdings Inc., Berry Global Inc., Graham Packaging Company, Amcor Ltd., and Comar LLC.

For instance, in December 2019, Gerresheimer AG inaugurated a new plant for the production of pharmaceutical primary plastic packaging in Changzhou, China

Because of the rising rate of eye-related issues such as glaucoma and diabetic retinopathy, as well as the rapid growth of the geriatric population, the global optometry equipment market is expected to continue to grow

 

Optometry equipment is one of the most essential and important healthcare devices. An optometrist plays a very vital role in providing care to patients with visual problems. For this reason, it becomes very important for an optometrist to purchase all sorts of optometry equipment for them. In the present time, one of the most effective ways to ensure the patient's safety is through using state-of-art computerized optometry equipment. The computerized optometry equipment ensures that patients do not face any eye injuries while they are under treatment by the optometrist. Optometric computerized tracking systems and other related computerized optometry equipment are being widely used in optometry practice. The system enables the optometrists to track the movements of the eyeballs during eye exercise and thus identify eye problems at early stages. These computerized optometry equipment help in reducing patient discomfort and eyestrain. The most common problem associated with optometry is eye strain, which can be reduced with the help of this equipment.

Market Dynamics

The main factor influencing the optometry equipment market is the increasing number of ophthalmic disorders, mainly diabetic retinopathy, AMD, and glaucoma. For instance, according to the National Institutes of Health, in 2020 approximately 80 million people worldwide were suffering from glaucoma. Moreover, the increase in the geriatric population is expected to propel market growth. Additionally, the increased amount of usage of contact lenses and several surgical ophthalmic devices during the surgery of refractive error correction is estimated to augment the market growth. There are various benefits of an optometry equipment tracking system, which include: safe practice, patient satisfaction, reduced costs, enhanced patient care, and vision health.

However the cost of the devices and lesser knowledge related to several surgical procedures and the main restraining factor hindering the growth of the optometry equipment market.

This market is distributed in five regions that include North America, Asia-Pacific, Europe, Africa, and the Middle East, and Latin America. Among these, North America is estimated to hold a significant share of the optometry equipment market, owing to the increasing incidence of glaucoma in the region. According to BrightFocus Foundation, in 2020 there were approximately 3 million U.S. residents suffer from glaucoma. Moreover, the rapid increase of the geriatric population in the region is accelerating the market growth. The optometry equipment market in Asia-Pacific is estimated to witness significant growth owing to the presence of key players in the region backed by favorable government initiatives.

Competitive Analysis

Key players operating in the optometry equipment market include Topcon Corporation, Novartis International AG, Nidek Co. Ltd., Luneau Technology Group, Heine Optotechnik GmbH & Co. KG, Heidelberg Engineering GmbH, Haag-Streit AG, Essilor International S.A., Escalon Services, Inc., Carl Zeiss AG, and Canon Inc.

In April 2018, Nidek introduced a new business unit in Korea for expanding its product line in the region.

Abbott Laboratories obtained emergency use authorization from the US FDA for a molecular point-of-care test for detection of COVID-19, indicating that the nucleic acid testing market is gaining momentum

 

Nucleic Acid Testing, also known as DNA testing, is a scientific method utilized to identify a specific nucleic acid molecule and thus in effect to identify and detect a certain species or sub-species of an organism, most commonly the bacteria or virus which acts as a co-adaptor to disease in blood, tissue, fluid, etc. The analysis of DNA involves the construction of a nucleic acid structure from DNA templates either through detergent extraction or DNA cloning methods. There has been growing demand for advanced diagnostic measures, in order to gain accurate and precise results. These advanced diagnostic measures are significantly safer and more effective than conventional measures of diagnosis and offer efficient file-sharing and data privacy. It also reduces healthcare costs and improves diagnosis. Thus, such factors can boost growth of the nucleic acid market.

Recently, in March 2020, Abbott Laboratories received the U.S. Food and Drug Administration (FDA)’s Emergency Use Authorization (EUA) for the fastest available molecular point-of-care test for detection of COVID-19.

These DNA fragments are then subjected to various tests in order to determine what they contain. In most cases, this involves either the use of PCR (polymerase chain reaction) or PCR-reading methods in which case one DNA sample is mixed with a template DNA and heated in the presence of specific primers. Nucleic acid testing is typically adopted for the diagnosis of infectious diseases such as common cold, diphtheria, E. coli, influenza, chickenpox, and more. The prevalence of such infectious diseases has risen massively over the years in both developed and emerging economies. As per the Centers for Diseases Control and Prevention (CDC), since 2010, influenza has resulted in between 9 million and 45 million cases with around 140,000 to 810,000 hospitalizations and around 12,000 to 61,000 deaths in the U.S. Such diseases require nucleic acid testing, which could augment growth of the nucleic acid testing market.

Developed countries such as the U.S. and Canada have shown high demand for nucleic acid testing since the healthcare system in the above-mentioned countries is robust and fairly advanced. Besides, the disposable income in these developed countries is high, which is complemented by favorable reimbursement policies. Such factors can augment growth of the nucleic acid testing market. Similarly, the demand for nucleic acid testing is rising from Asia Pacific since there is high adoption of advanced diagnostic technologies.

For all these advantages, nucleic acid testing requires skilled personnel to operate it and provide accurate results, and currently, there is a dearth of such professionals. Furthermore, the equipment used in nucleic acid testing is highly expensive and thus it would require significant capital investment. Hence, such adversities can restrict growth of the nucleic acid testing market.

Increased Prevalence of Epilepsy, Depression, and Migraine to Support Growth for Vagus Nerve Stimulators Market

 

Vagus Nerve Stimulators is a U.S. FDA endorsed operation used to convey electrical motivations to the vagus nerve for the administration and therapy of different infections like crabby inside condition, gastric motility issue, ongoing obstructive aspiratory sickness, work out incited bronchospasm, bronchoconstriction, asthma, headache, bunch migraine, gloom, and epilepsy.

Market Dynamics:

Increasing prevalence of epilepsy, depression, and migraine is expected to propel the growth of the vagus nerve stimulators market. Epilepsy is a chronic, non-communicable disease of the brain that affects people of all ages. According to the World Health Organization, worldwide, around 50 million people have epilepsy, which makes it one of the most common neurological diseases worldwide.

Continuous research and development activities by major players are also expected to fuel the growth of the vagus nerve stimulators market. For instance, in January 2021, electroCore, Inc. announced that Centers for Medicare and Medicaid Services published its most recent Level II Healthcare Common Procedure Coding System decisions, establishing a unique code K1020 ‘Non-invasive vagus nerve stimulator’.

The emergence of COVID-19 is expected to offer lucrative growth opportunities for players in the vagus nerve stimulators market. For instance, in July 2020, the FDA (Food and Drug Administration) granted an Emergency Use Authorization for the use of the gammaCore Sapphire CV nVNS therapy at home or in a healthcare setting to treat adult patients with known or suspected COVID-19.

Competitive Analysis:

Major players operating in the vagus nerve stimulators market are tVNS Technologies GmbH, Nervana, Parasym Ltd., Beijing PINS Medical Co., MicroTransponder, SetPoint Medical Corporation, LivaNova, and electroCore.

Major players in the market are involved in different business strategies, such as product launch. Product approval, etc., to strengthen their product portfolio. For instance, in October 2020, the FDA awarded SetPoint Medical breakthrough device designation for a bioelectronic technology that stimulates the vagus nerve to treat rheumatoid arthritis (RA).

Moreover, in April 2020, FDA approved an expanded indication for gammaCore (electroCore) to include the prevention of migraine in adult patients. Whereas, in March 2020, LivaNova announced that its vagus nerve stimulation therapy system, Symmetry, received CE Mark approval for Difficult-to-Treat Depression (DTD).

Increased Adoption of Semiconductor IP Solutions to Boost Semiconductor IP Market Growth

 

Expanding selection of semiconductor IP arrangements is required to impel development of the worldwide semiconductor IP market. For example, in November 2020, T2M-IP authorized its Ultra-low force Multi-Constellation GNSS Digital IP for coordination into a NB-IOT SoC for lOT strategic and wearable applications.

Reception of association methodologies is relied upon to offer worthwhile development openings for major parts in the worldwide semiconductor IP market. For example, in February 2021, T2M-IP banded together with a significant U.S semiconductor organization, under which the later got authorizing of its accomplices large scale manufacturing silicon demonstrated DVB-S2X/S2/S Narrowband Demodulator and Decoder IP Core for combination into their 8k TV SoC. Essentially, in December 2020, OPENEDGES Technology, Inc., a provider of AI processing IP arrangements, declared semiconductor plan IP permit concurrence with a top-level semiconductor organization.

The worldwide semiconductor IP market is seeing a few M&A exercises. For example, in November 2020, Nordic Semiconductor today procured the whole Imagination Technologies Ensigma Wi-Fi advancement group and related Ensigma Wi-Fi IP tech resources from Imagination Technologies, a designs, vision, and AI preparing organization, to extend its in-house remote innovation aptitude into Wi-Fi.

Among areas, Europe is required to observe huge development in the worldwide semiconductor IP market, inferable from expanding selection of semiconductor IP arrangements around there. For example, in May 2020, Palma Ceia SemiDesign, a supplier of correspondence chips and IP for WiFi HaLow and Cellular NB-IoT applications, chosen Agile Analog's information converter and force the executives IP for its up and coming age of WiFi and cell IoT items.

Asia Pacific is likewise expected to observe critical development in the worldwide semiconductor IP market, inferable from expanding selection of semiconductor IP arrangements around there. For example, in July 2020, Ingenic Semiconductor, a framework on-chip organization situated in China, incorporated the AL-E150 elite video encoding IP from Allegro DVT into its most recent age of Smart Video items.

Competitive Analysis

Major players operating in the global semiconductor IP market include, Arm, Synopsys, Cadence, Imagination, Lattice Semiconductor, Allegro DVT, Agile Analog, Alphawave IP, T2M-IP, Ceva, Nordic Semiconductor, Rambus, Mentor Graphics, Ememory, and Sonics.

Major players operating in the global semiconductor IP market are focused on adopting partnership strategies to enhance their market share. For instance, in February 2021, Alphawave IP signed a subscription reseller agreement with VeriSilicon Holdings Co., Ltd., a silicon platform as a service company, which will allow VeriSilicon to exclusively resell Alphawave’s entire IP portfolio in China.

Breath Analyzer Market: Global Industry Analysis, Trends, Market Size

 

The global breath analyzers market size is predicted to succeed in USD 11.3 billion by 2024, consistent with Grand View Research, Inc. The market is anticipated is expand at a CAGR of 28.8% during the forecast period. Growing demand for breath analyzers from enforcement agencies and other institutions like schools, sports, and offices to attenuate alcoholic abuse may be a major market driver.

The Breath Analyzer may be a device wont to track the Blood Alcohol Content (BAC) in a private , through a breath sample. The test performed depends upon the connection between alcohol within the blood or within the breath flowing through the lungs. Increasing trend for extreme alcohol consumption resulting into road accidents; has increased the usage of breathalyzer devices. Favorable government initiatives are also driving in the market growth. Breathalyzer devices are also gaining importance due to increasing the demand at work place for effective BAC (blood alcohol content) level and its non-invasive nature which is increasing the demand for breath analyzer devices.

Breath Analyzer report is segmented on the basis of technology, application and by regional & country level. Based on technology, global breath Analyzer market is assessed into semiconductor sensor, cell and infrared adsorption. Based upon application, global breath Analyzer market classified into the drug abuse detection, alcohol detection, asthma detection, h.pylori infection detection, tuberculosis detection and others.

The demand for Non-invasive prenatal testing market is growing due to the rising prevalence of chromosomal anomalies around the world (NIPT)

 

Fetal insemination is a non-intrusive system pointed toward distinguishing hereditary anomalies before birth and non-obtrusive non-careful evaluating for irregularities in the hatchling after birth. An in vitro preparation strategy (IVF) is performed by uncovering the patient's eggs to ovarian pimples containing living sperm. In the event that no live sperm are available, the eggs are recovered and prepared for in vitro culture in the lab. The cycle permits the assortment of develop eggs, which are then tried for anomalies utilizing refined systems and examined utilizing electronic tomography, ultrasound, attractive reverberation imaging, or X-beam advances.

Expanding hazard of chromosomal irregularities because of developing maternal age and expanding inclination for non-intrusive strategies over obtrusive techniques are the key factor driving the market development. As indicated by the World Health Organization, an expected 295 000 infants kick the bucket inside 28 days of birth each year, around the world, because of inherent peculiarities. Inborn oddities can add to long haul inability, which may altogether affect people, families, medical services frameworks, and social orders. Besides, developing mindfulness with respect to Non-Invasive Prenatal Testing market (NIPT) is additionally expected to expand the market development. The developing focal point of symptomatic research centers to offer protected and viable pre-birth tests is additionally projected to encourage market development.

North America is required to display critical development over the gauge time frame and this is credited to the expanding innovative work exercises in the field of chromosomal irregularities. Additionally, consistent item advancement by the critical producer in the area is again expected to expand market development. For example, in August 2019, Axia Women's Health, the country's free ladies' medical care bunch declares the dispatch of non-obtrusive pre-birth testing (NIPT), the first of its sort in a U.S. OB/GYN doctor claimed research center.

Key Developments:

In June 2017, LifeCodexx AG, a pioneer in non-invasive prenatal DNA testing in Europe has announced its partnership with LifeCell – India’s mother & baby preventive health care provider, to bring PrenaTesT® qNIPTTM testing for the first time to India.
In December 2020, Yourgene announced the launch of ‘IONA Nx NIPT’ workflow, a non-invasive prenatal test (NIPT)
In June 2019, BGI Genomics and Eluthia have announced the launch of a non-invasive prenatal test, the NIFTY® test, under the brand name PreviaTest® in Germany.
In April 2019, Progenity, Inc., announced the launch of the Resura® Prenatal Test for Monogenic Disease, the first of its kind, commercially available, customizable, noninvasive prenatal test (NIPT) for single-gene disorders.

The Phenolic Resins Market in Asia Pacific is Expected to Grow Significantly

 

Phenol formaldehyde resins or phenolic resins are engineered polymers got from the response among phenol and formaldehyde. phenolic resins were known as the primary business saps utilized in the creation of formed items like billiard balls and lab ledges. Phenolic gums are likewise utilized as glues and drifting. A wide assortment of item kinds of phenolic sap are accessible on the lookout, for example, sans formaldehyde phenolic gum, bio-phenolic tar, resole gum, cresol, and novolac tar. Besides, phenolic pitches discover significant application in a few modern exercises, (for example, wood-cement, contact materials, abrasives, fire retardants, hardeners, for protection purposes, shaping mixtures, seaward oil penetrating, overlays, and so on) inferable from its properties like high mechanical strength, bond, heat obstruction, dampness opposition, and so on

Expanding shopper mindfulness about the high level properties of phenolic gum is required to push the development of the market. Besides, expanding interest for elastic and grating materials from the tire business, which, thus, has produced revenue in solid and lightweight phenolic accumulates, driving the development of the phenolic resins market. The advancement of SpaceX Dragon Capsule's warmth safeguard, a phenolic impregnated carbon ablator, is perhaps the main mechanical developments on the lookout. This empowers the container to be reused for future missions, as the crude material permits space apparatus, group, and freight to securely get back to Earth, notwithstanding the high temperatures.

Administrative structure identified with phenolic saps incorporates Japan Society of Occupational Safety which denotes the admissible convergence of formaldehyde and phenol for the phenol tar creation, while the Industrial Safety and Health Act states formaldehyde and phenol as a marked substance that permits the utilization of phenol-formaldehyde pitches in different applications. Different offices like Registration, Evaluation, Authorization, and Restriction of Chemicals (REACH), European Phenolic Resins Association, and the United States Environmental Protection Agency are additionally a portion of the administrative bodies for the phenolic pitches industry.

Administrative bodies guarantee the wellbeing and security of purchasers by restricting perilous discharges and contamination identified with this industry. As far as topography, the phenolic saps market is separated into six areas, like North America, Asia Pacific, South America, Europe, the Middle East, and Africa. Asia Pacific is relied upon to observe vigorous development in the market because of the quick urbanization, expanding populace, and the administrative structure advancing the utilization of lightweight composites in the auto business. For example, many vital participants are moving their creation offices to arising economies like Asia to expand the creation of phenolic saps.

Sage Automotive Interiors completes the purchase of Adient's automotive fabric company for US$ 175 million, indicating that the automotive interior materials market is still booming

 

The different utilizations of Automotive Interior Materials in the current-day business area can be clarified as follows. Thermoplastic and cowhide are the best two classes in the car inside materials industry, as they produce the most elevated deals across all spaces. Calfskin is utilized for seats, dashboards, upholstery, main events, instrument covers, floor coverings, and so forth while Automotive Thermoplastic is utilized for cabinetry, floor covers, seat covers, and so on There are specific subcategories which incorporate printed vinyl, delicate material vinyl, engineered fiber vinyl, cowhide covered wood, manufactured calfskin, fiber-covered wooden sheets, and so on which are utilized to fabricate different sorts of Automotive Interior Materials as indicated by customer necessities.

Innovative headways in the car inside are relied upon to drive development of the global automotive interior materials market. Vital participants in the market are laying significant accentuation on item improvement and innovative progressions, to acquire an upper hand. Since these organizations are dispatching imaginative items, the market for car inside materials is relied upon to acquire critical footing soon. Truly, these organizations are dispatching lightweight seats that are fundamentally more slender and more agreeable than their archetypes. For example, in December 2019, Xiaomi, a Chinese cell phone marker, dispatched QBORN 360° Rotating Baby Car Seat on its crowdfunding stage. Moreover, in October 2017, Dorel Juvenile, an auxiliary of Dorel Industries, dispatched the world's first youngster seat named Maxi-Cosi AxissFix Air with coordinated airbags. Subsequently, such factors are relied upon to drive development of the worldwide auto inside materials market. Besides, expanding interest for mixture and electric vehicles is relied upon to move the worldwide auto inside materials market development sooner rather than later.

However, the decline in automobile production globally and increasing adoption of inferior and low-cost alternative is expected to hinder the global automotive interior materials market growth. Growing integration of green technology, as well as continuous R&D activities, can offer significant growth opportunities in the global automotive interior materials market. Among regions, Asia Pacific is expected to witness significant growth in the global automotive interior materials market. This is owing to rising government support in terms of ease in regulations to attract automakers across the globe. Furthermore, Europe is expected to register a robust growth rate, owing to growing importance of automotive interiors in the European region.

Key companies involved in the global automotive interior materials market are Yanfeng Automotive Trim Systems Co., Ltd., Faurecia S.A., Toyota Boshoku Corporation, D.K Leather Corporation, Seiren Co., Ltd., Lear Corporation, Sage Automotive Interiors, GST AutoLeather Inc., Johnson Controls, Inc., Grupo Antolin-Irausa, S.A., and Grupo Antolin-Irausa, S.A.

For instance, in October 2020, Sage Automotive Interiors, a subsidiary of Asahi Kasei, acquired Adient’s automotive fabric business for US$ 175 million.