Mesenchymal Stem Cells Market Witnesses Upward Trend with High Prevalence of Parkinson’s Disease

In the last few years, many researchers have discovered that mesenchymal stem cells (MSCs) hold the key to treating many serious diseases such as diabetes, Parkinson's disease, and multiple sclerosis. According to the study, ‘Prevalence of Parkinson’s disease (PD) across North America”, published in July 2018 in the journal Nature, the number of people suffering from PD is expected to reach 930,000 in 2020 and 1,238,000 in 2030. Thus, high prevalence of such diseases is also expected to aid in growth of the mesenchymal stem cells market.

While no one yet knows exactly how the cells work, scientists are excited about the potential benefits of using MSCs as treatment modalities. In particular, the discovery that stem cells can differentiate into other cell types has implications for the field of regenerative medicine. The potential of MSCs to provide treatments for age-related diseases is exciting. Thus, increasing geriatric population is also expected to aid in growth of the mesenchymal stem cells market.

While stem cells from adults hold the most promise for use in treating human illnesses, the discovery that adult stem cells can be directed to treat specific diseases has provided doctors with a new approach to the treatment of patients with life-threatening diseases, which in turn is expected to aid in growth of the mesenchymal stem cells market. Mesenchymal stem cells are found in the bone marrow in rich supply. Because the cells are continually being used to make blood, tissue, and organs, they are not only rich in blood, they are also rich in antigens. This allows adult stem cells to directly apply their healing properties to a host of diseases.

Adult MSCs have the potential to replace diseased or otherwise damaged adult stem cells in a variety of tissues throughout the body, including muscle, bones, and organs. Various researches have revealed exciting potential in using these cells to treat a range of debilitating diseases. For example, since MSCs can be directed to the myeloid tissues of the bone marrow, they can help to repair and regenerate tissue and organs that are injured or became infected. These studies are currently underway and have the potential to provide a major breakthrough in the treatment of many serious diseases, boosting growth of the mesenchymal stem cells market.

MSCs are also being tested to directly apply to a patient's spinal cord to promote regrowth of bones and other skeletal tissues. This is done through the introduction of specialized cells into the spinal cord. Since the specialized cells that are made in the laboratory from MSCs can be directed to a number of myeloid tissues, they can provide a direct means of repairing and regenerating spinal cord injury, spinal stenosis, cervical spondylosis, spinal arthritis, etc. The long term effects of mesenchymal stem cells transplantation on the spinal cord are not yet known but the studies so far are very promising and the technology could very soon be available for clinical trials.

Lupin Limited launched Ancobon Capsules’ for cryptococcosis treatment market

 

The growing prevalence of cryptococcus disease is escalating the growth of the cryptococcosis treatment market. The Centers for Disease Control and Prevention (CDC) states that around 1 million cryptococcosis cases arise throughout the globe, and it is anticipated that annually, the number of deaths associated with cryptococcosis is around 650,000. Most of the cases are reported among patients with complex HIV disease. Moreover, rising count of people being contaminated by the disease such as AIDS is propelling the growth of the cryptococcosis treatment. India has the third-largest HIV epidemic in the world. In 2017, HIV prevalence among adults (aged 15-49) was an estimated 0.2%. HIV prevalence is higher among men than women, with 0.25% of men and 0.19% of women living with HIV as of 2017.

In January 2018, Lupin Limited, an Indian pharmaceutical company, launched a generic version of Valeant Pharmaceutical International Inc.’s ‘Ancobon Capsules’. These capsules are indicated for infections caused by Cryptococcus

In September 2017, CHAI’s HIV Access Program launched an online HIV New Product Introduction Toolkit and an accompanying HIV New Product Introduction Guide to provide partners and Ministries of Health with the tools and resources needed to introduce and scale up new optimal antiretrovirals (ARV) in-country

In March 2020, Eli Lilly and Company and Incyte Corporation announced that the U.S. Food and Drug Administration (FDA) has granted Breakthrough Therapy designation to baricitinib for the treatment of alopecia areata (AA), an autoimmune disorder that can cause unpredictable hair loss on the scalp, face and other areas of the body

North America is expected to dominate the global cryptococcosis treatment market and this can be attributed to the growing FDA approval for the launch of new products. For instance, in February 2019, Amplyx Pharmaceuticals, a U.S.-based pharmaceutical company, received orphan drug designation for APX001 from the U.S. Food and Drug Administration (FDA) Office of Orphan Product Development. This drug will be used for the treatment of cryptococcosis.

Cryptococcosis, also known as "scooting to death," is an infectious disease with an agent that causes infection by encapsulation of naturally occurring yeast in the lungs, and sometimes in other body tissues (such as the genital area). It is most commonly associated with the inhalation of contaminated soil where the encapsulated yeast cells produce aerosol particles (or "crypts") that become airborne and are inhaled. The disease has an incubation period of two to six weeks and is most common after someone has had contact with contaminated soil during camping or traveling.

Computerized Physician Order Entry Systems Market Has Seen Significant Rise In Demand Over The Last Decade

 

A computerized physician order entry system (CPOE) in medical care tends to capture, record, and relay medical information for a physician. This medical information pertains to a patient's treatment procedure, and is typically in an electronic medical format. A typical electronic CPOE system will include basic functionality such as patient medical records, appointment reminders, emergency contact information, and detailed insurance documentation. This type of software system has greatly improved patient care in the long run, which is expected to propel growth of computerized physician order entry systems market.

It is very important that a physician knows all of the necessary details regarding their practice. These details are essential for the health and safety of patients. Medical professionals can greatly improve patient safety by preventing clerical errors and oversights. One way to improve this safety net is through adoption of computerized physician order entry systems. Thus, increase in adoption of such systems is expected to aid in growth of the computerized physician order entry systems market.

If you are not familiar with some of the terms used in EMR, or Electronic Medical Records, then you may refer to the term "Electronic Medical Record". To better understand this term, it is helpful to know what most types of electronic health records commonly contain. Generally, they contain patient medical records, medical diagnosis notes, procedural codes, information on prescriptions, patient medical history, laboratory and radiology reports, patient education materials and correspondence from medical providers. While all of these items are contained in EMRs, the accuracy and completeness depend heavily on the quality of the manufacturer, the system that the information is stored on, the data integrity of which, and how the information is stored.

The computerized physician order entry systems market has seen a significant rise in demand over the last decade. As an industry, this type of software has experienced a dramatic growth, with many new applications being created every year. Many of these new applications focus on reducing errors and improving the organization of existing applications and data. For example, some of the programs focus on capturing demographic information, which can provide valuable details about patient demographics such as age and sex, and reduce errors related to Medicaid and Medicare Part D applications. Another common use for these tools is to reduce errors related to insurance billing, as well as documentation and billing for prescription drugs.

In order to meet the standards of the HIPAA Privacy Rule, EMR requirements must be strictly followed, including accurate spelling and grammar, clear communication and easy to understand directions. Many companies in the computerized physician order entry systems market offer trial periods of up to one month or even longer. This period is designed to allow a company's employees to become familiar with the computerized physician order entry interface and familiarize themselves with the specific terminology and instructions. While this trial period allows for plenty of time to determine whether or not the software works, most companies offer a one year trial period.

Vedanta Limited launching aluminium cylinder head alloy for cylinder heads and other automotive parts, the aluminium casting market is gaining momentum quickly

 

Aluminum Casting is a process of combining metal and melting the alloy in a furnace to form the desired shape. The most commonly used types of this method include extrusion molding, rotary molding, and press casting. All three processes require high levels of precision machining to create the right dimensions. This results in higher production costs but also makes it possible for fewer workers to participate in the production run. Aluminum casting is typically used in automobile fabrication due to its lightweight properties. However, automakers are more interested in aluminum’s excellent durability, superior corrosion resistance, and improved maintenance. According to the Organisation Internationale des Constructeurs d'Automobiles (OICA), total vehicle (commercial + passenger) sales reached 96 million units in 2017, increasing from 86 million units in 2013 globally. According to the India Brand Equity Foundation (IBEF), India’s domestic automobile sales reached 21.55 million units in FY20, registering a CAGR of 1.29%. Such high demand for automobiles can stimulate growth of the aluminum casting market.

Recently, in February 2021, Vedanta Limited launched aluminum cylinder head alloy for cylinder heads and other automotive components

Aluminum Casting is done through two different methods - extrusion mold casting and pressure die casting. Exprusion mold casting is the first common type of casting used today. It involves creating a mold from a solid piece of aluminum and pouring the melted material into the mold. After it cools, the result is a cast part that is both sturdy and strong. Emerging economies have witnessed robust industrialization over the years. This has prompted the demand for aluminum casting in various end-use sectors. Aluminum Casting can be separated into two categories based on the process required for forming the metal. Rotary and extrusion molding are the two main types. In the former process, molten metal is directed to the mold at a very high speed. This creates the needed hot spots and results in the most accurate and consistent results. This type of casting produces shapes with high tolerance to heat. However, aluminum casting has witnessed a slight decline in adoption due to increasing preference for aluminum alloys with magnesium.

Aluminum Casting is done through two different methods - extrusion mold casting and pressure die casting. Exprusion mold casting is the first common type of casting used today. It involves creating a mold from a solid piece of aluminum and pouring the melted material into the mold. After it cools, the result is a cast part that is both sturdy and strong. Emerging economies from Asia Pacific have emerged as primary consumers of aluminum casting. This is typically due to automakers across the globe shifting their production facilities in these countries, owing to the availability of cheap labor.

The Peyronie's disease treatment Market research report thoroughly explains each and every aspect related to the Global Peyronie's disease treatment

 

Peyronie's disease is a problem wherein plaques (portions of level scar tissue) structure inside the penis. Throughout some undefined time frame, these plaque can develop and disfigure the penis to become like a bend or indented during erection, causing it to feel like a knot or knock through the skin. It can likewise be excruciating. Plaques develop inside the tunica albuginea and make the tunica albuginea less adaptable, which may make the penis twist up when it solidifies. The most well-known region for development of plaque is the top or the lower part of the penis. As plaques develop, the penis bends or curves, prompting excruciating erections. Bends in the penis can make intercourse troublesome, or even unimaginable in cutting edge cases. Nonetheless, however as a rule, the aggravation facilitates after some time, the curve in the penis remains and can even decline. Manifestations of Peyronie's disease grow gradually and generally starts with irritation or expanding, which can change into a hard scar. The reason for Peyronie's disease is obscure, in spite of the fact that specialists have suggested that it could be because of injury or an immune system segment. Ascend in pervasiveness of Peyronie's disease across the globe is expected to drive the Peyronie's disease treatment market during the estimate time frame. As indicated by The National Institute of Diabetes and Digestive and Kidney Diseases, Globally, peyronie's disease may influence 1 to 23 percent of men between 40 to 70 years old. Peyronie's disease happen all the more frequently in men between 40 to 70 years more established. In U.S. up to 13 percent of men have peyronie's disease, it can happen at any grown-up age,. Nonetheless, the real event of Peyronie's disease might be higher. Numerous men are too humiliated to even think about looking for help for penile manifestations related with Peyronie's disease; hence, they frequently go undiscovered. In any case, expansion in mindfulness about Peyronie's disease treatment among patients across the globe, improvement in medical care offices in created just as arising nations, and accessibility of different treatment alternatives with trend setting innovations are probably going to expand the development of the Peyronie's disease treatment market sooner rather than later. Be that as it may, carelessness and lack of foresight in regards to Peyronie's disease treatment in low pay nations and absence of mindfulness among clinical experts about the treatment in these nations are the key elements limiting the development of the Peyronie's disease treatment market.

The baby care products market is primarily driven by the rising baby health concerns, including skin diseases and the need for nutritional foods.

 

Baby care products, like oils, salves, creams, and powders are generally used to saturate and relax the skin of babies and youngsters younger than three. Practically all baby care products are uncommonly figured to be gentle and non-bothering. Different products incorporate baby wipes, baby toothpaste, baby toothbrush, and other baby care products. These products are generally accessible at supermarkets, hypermarkets, corner shops, expert retailers, online retail, and other circulation channels. The baby care products market is seeing significant development because of the expanding interest for baby care products worldwide and wild development of the worldwide online business area.

For example, in August 2020, Dabur declared the extension of its baby care portfolio with the dispatch of eight new Ayurveda-based products to cook the developing interest of baby care products. The new scope of products is accessible on internet business stage Amazon. The development of the baby care products market is driven by factors as the increasing rate of birth, expanding number of working ladies, and the developing number of double pay families across the world. Hence, to cook the developing interest, market players are engaged in dispatching new and inventive baby care products in the market. For example, in February 2021, G&M beautifiers wanted to dispatch more vegetarian excellence and baby care products to take advantage of the developing started direction for living.

Fast urbanization, evolving way of life, and the increment in discretionary cashflow, especially in non-industrial nations, has empowered the reception of baby care products, which thusly, is required to drive the baby care products market development. Additionally, rising mindfulness with respect to youngster wellbeing is boosting the deals of baby care products. Numerous administration and non-government associations, with the help of NGOs, have been elevating baby care products to expand mindfulness among individuals about baby cleanliness. Such drives are likewise expected to support the deals of baby care products in both created and creating economies.

Moreover, development of the baby care products market, in the Asia Pacific, is chiefly determined by the expanding interest for baby care products because of the rising birthrate among the arising economies, like India and China, and the fast development of the internet business area in the district. For example, in September 2020, Johnson's Baby dispatched another scope of baby care products as it has seen critical development sought after in the Indian market. The new scope of products includes wash, moisturizer, cream and oil and is accessible on driving online business stages like Amazon, Flipkart, Big Basket, FirstCry and Nykaa.

The Thermal Conductive Gloves Market to Witness Strong Growth Due to Increasing Penetration of Smartphones Worldwide

 

Thermal conductive gloves are widely used to operate touchscreen devices such as tablets and mobile phones to provide warmth. These gloves are made from sandy nitrile that vie with the conductive properties of the skin. Moreover, thermal conductive gloves offer various benefits over conventional gloves. These gloves are designed with special index and thumb materials that work with touch screen devices, so the user do not have to remove their gloves to answer a phone call or access a new song, which makes the usage of touch screen devices, such as smartphones, easier especially during cold weather conditions.

Thus, with the increasing penetration of the Internet and smartphones, the demand for thermal conductive gloves is also increasing rapidly. According to India Brand Equity Foundation, in 2019, India had nearly 502 million smartphone users, accounting for almost 77% of Indians having access to internet. Moreover, the number of smartphone users is expected to reach 780 million in 2021. In the past few years, smartphones market have witnessed a phenomenal growth in India. Furthermore, India overtook the United States to become the second largest smartphone market worldwide, reaching around 58 million shipments in 2019.

This in turn is expected to accelerate the thermal conductive gloves market growth, especially in the Asia Pacific. Thermal conductive gloves offer various advantages, such as breathability, lightweight, ease of use, durability, warmth, ease of grip, dexterity, and ease of donning and doffing. Moreover, wide variety of thermal conductive gloves are available in the market, with different designs, materials, colors, and thickness. Thus, the popularity of thermal conductive gloves is increasing with a rapid pace, driving the market growth. Furthermore, growth of the thermal conductive gloves market can be attributed to technological advances and increasing applications of touch screen technology in many electronics devices such as desktops, laptops, remote control, media extender, digital camera, and portable media players, among others.

Thus, with the rapid growth of the consumer electronics (as touch screen panels are introduced in many electronic appliances), the demand for thermal conductive gloves is also expected to increase in the forthcoming years. According to Retailers Association of India (RAI), sales of consumer electronics increased by around 2% in September 2020 and 8% in October 2020, as compared with same months in 2019. Increasing adoption of touchscreen technology in for automotive electronics is also driving the growth of the thermal conductive gloves market. This growth is augmenting the demand for thermal conductive gloves in the automotive industry.

Leishmaniasis treatment market is seeing explosive growth in the Middle East, particularly in Egypt and Saudi Arabia

 

The global leishmaniasis treatment market includes many pharmaceuticals as well as homeopathic remedies for the disease. Leishmaniasis is caused by a spirochete, called Neem. It is highly infectious and has to be treated to prevent secondary infections. This is why leishmaniasis is so difficult to control. Leishmaniasis has a high number of carriers. As such, it can be transmitted from one person to another by direct contact. Leishmaniasis is highly transmittable due to its high number of species. Accordingly, the majority of the leishmaniasis treatment market consists of formulations that are capable of combating the infectivity of the various species of this disease.

The leishmaniasis treatment market includes: Antifungal drugs such as Fluconazole (Ditropan), Itraconazole (Lamisil), Miconazole (Monistat), Ketoconazole (Nizoral), Clotrimazole (Clindamycin) and Metronidazole (Normet). Leishmaniasis also includes systemic antifungals (e.g., Lamisil, Accutane) and antibacterial drugs (e.g., Ketoconazole, Nizoral, Metronidazole).

Leishmaniasis may be transmitted to humans through mosquitoes, rodents, and other insects. It is not easy to transmit leishmaniasis to humans from animals or to other infected people. It is believed that leishmaniasis may also be transmitted to pets, such as dogs and cats, but this has not been proven scientifically. Only when effective vaccines for leishmaniasis are developed, will we have an effective treatment for leishmaniasis in the Middle East or South Africa.

Even though there are vaccines available for leishmaniasis, the majority of the people in the developing world do not have them. In the developing world, there are two possible reasons for the high number of un-implemented vaccines in the hands of the people. One reason is the shortage of finance to create a large market for drugs. Secondly, leishmaniasis treatment does not fit into the existing health insurance schemes of most people. Because of these reasons, it is not surprising that the number of people affected by leishmaniasis in the developing world is increasing at a very fast rate.

The main reason why the market is not growing in developing countries is the unavailability of the necessary medicines for treatment. The reasons for this are many, but the simple answer is that it is not an easy disease to treat, and the medical equipment is not advanced enough to make a large-scale distribution work. One thing that is helping the situation is that more pharmaceutical companies are setting up facilities in developing countries. The pharmaceutical companies have set aside a good amount of money to fund research for the diseases like leishmaniasis, which are highly contagious and life-threatening if not properly treated.

Leishmaniasis Treatment Market is seeing explosive growth in the Middle East, particularly in Egypt and Saudi Arabia. The disease has also spread to the Middle East and has established itself well in Pakistan and India. In addition to these countries, there is a significant prevalence in northeast Asia, especially Mongolia, China, Bangladesh, and Taiwan. This situation has caused an unprecedented boom in the in Asia region.

Delivery Drones Market is booming at a fast pace with companies such as Amazon, Wingcopter, Zipline, Flytrex, and others getting approvals from ICAO and FAA to deliver packages using drones

 

A delivery drone is an independent automated elevated vehicle utilized to convey merchandise, clinical supplies, food, and different products. Delivery drones are for the most part independent, however a few kinds require the client's consent to fly. In May 2021, the U.S. Government Aviation Administration (FAA) introduced two choices to direct the protected utilization of drones, one of which would build up a base wellbeing standard for a wide range of delivery. The FAA allowed Amazon the authorization to utilize its Prime Air delivery drones to safely appropriate conveyances to clients in August 2020.

The interest for delivery drones has essentially expanded in the medical care area and the food and refreshment area since the flare-up of COVID-19 pandemic. DGCA (Directorate General of Civil Aviation), the public controller of avionics in India, had endorsed the armada of drones and planes of the Boeing Company in April 2021.

Drone delivery has been utilized in a few occasions as a substitute for more customary ethereal conveyances. It empowers more limited delivery times, setting aside energy and cash. Delivery Drones have likewise been utilized to make short, time-delicate conveyances to homes and organizations, like getting blossoms and food from the home, setting items on store retires, and conveying bundles to individuals' front entryway. These conveyances are generally made inside a brief window, which makes these conveyances ideal for forcing a business to leave one's home.The delivery drones market has gotten a lot of revenue because of expanding interest for moment delivery administrations all throughout the planet, arrangement of clinical medications at far off areas, and non-contact type delivery choices to stay away from spread of infectious illnesses, for example, COVID-19 contamination. In spite of the fact that, client reception is a significant limitation and affectability of drones are a portion of the elements that are restricting the market development. Besides, tough guidelines related with air traffic organization for delivery drones are ready to smother development of the delivery drones market.

Because of developing appropriation of drones for business reason in the district, North America is seeing an extensive flood in the delivery drones market. The interest for the delivery drones market is probably going to grow as the reception of delivery drones expansions in the military and protection area for insight and reconnaissance reason. Similarly, the coordination of the AI (Artificial Intelligence) in drones for a few applications in different areas is projected to clear a method of development openings for the organizations working in the delivery drones market.

Automatic Stair Climbing Wheelchair Market continues to grow with a growing focus on people with mobility conditions

 

Generally, the report tracks down that the automatic stair climbing wheelchair market has filled immensely in the previous two years. It acquired a specialty market of clients who need the help of a versatility gadget to enter and leave their homes. There are numerous novel attributes of this specific item. This report additionally demonstrates that the interest for this item is probably going to fill later on. It is designated at individuals with versatility conditions that limit their capacity to stroll all alone. The worldwide market research shows that most of clients are in the senior section. The best five sections are Parents/guardians (generally male), in-home parental figures/experts, free or confident, and impaired or old. The fragment investigation report offers fascinating insights regarding each portion. This aides in arranging the promoting efforts.

In view of the optional examination the deals of this item can be followed to senior residents, incapacitated or matured grown-ups, and grown-ups with inabilities. It is tracked down that the critical purpose for the acquisition of this seat is the expanded versatility. According to the current market elements, the deals of this hardware are expanding at a disturbing rate. The market is overwhelmed by three makers yet there are some predominant parts in this section too. In light of the auxiliary examination this gear is grouped into three classifications in particular Manual, Electric and Hydraulic. As the interest for this hardware builds, there is an intense requirement for manual and water driven models of this item. There is a precarious ascent in the deals of this item as it satisfies the versatility needs of the senior residents. Senior residents require this hardware to ascend and down the stairs.

It has been discovered that this sort of wheelchair can be bought from the main producers like Cushman, Omega, KEGO, Power Wheels, and Power Squeeze. The force fueled models of this item are reasonable for both private just as business settings. These are planned so that they can be utilized in restoration habitats, home consideration settings, home medical services settings, and other medical services offices. The plan and highlights of the items are to such an extent that they can be utilized inside and outside. In light of the examination, it has been discovered that the interest in this portion is expanding at a fast speed. This can be ascribed to the way that this item offers a ton of advantages to the clients at prudent costs. A crippled individual requires a great deal of help for day by day living and furthermore during his/her calling. Along these lines, this item has gotten the most requested one in the home consideration settings just as in the recovery communities and medical services units. It very well may be effortlessly said that the automatic wheelchair market is divided in the accompanying way:

Security Labels Market is highly driven by growth in food and beverage industry driven by the rise in demand for packaged goods.

 

A security label is an idea related with an asset or group that gives explicit security metadata about the data to which it is characterized. These labels can be utilized as a security seal. They represent either some security data or brand logo. Security labels deteriorate when endeavored to eliminate it and are more grounded and tough contrasted with the customary labels. They leave an example when stripped off and can, hence, ensure against any robbery. Security labels are broadly utilized in different end-use enterprises, like shopper gadgets, drug, food and refreshments, makeup, and others. This thus is relied upon to expand the development of the security labels market.

Item fake has gotten a question of worry for proprietors and marketers, with around 5 to 7% of all world exchange is influenced by altering and duplicating. Fake merchandise influence the standing of the brand and cost millions in lost income, just as impede development of the business, bringing about direct lost efficiency and venture; unfamiliar direct speculation (FDI). Wellbeing labels are utilized to protect the substance of bundling items and guarantee that the material isn't meddled with. These labels are likewise equipped with different defensive measures. This expands the interest for security labels, consequently driving the security labels market development.

Additionally, development of the security labels market is fundamentally determined by the quick development of the internet business, particularly in Asia Pacific area. Internet business has become standard in individuals' day by day lives with significant advantages. As indicated by the Brand Equity Foundation (IBEF), the Indian E-trade market is required to develop to US$ 200 billion by 2026 from US$ 38.5 billion starting at 2017. Internet business has changed the manner in which business is done in India. Besides, to build the investment of unfamiliar parts in E-business, Indian Government climbed the constraint of FDI in E-trade marketplace model to up to 100% in B2B models. This thus is relied upon to drive the security labels market development.

Besides, there is expanding interest for security labels in both drug and food and drinks enterprises. Safe labeling is of most extreme significance in the medical services. Labeling is a printed data that is associated with the distinguishing proof of item and give itemized data about the item. For example, in Feb. 2021, Covectra dispatched another variant of StellaGuard, a keen label to abstain from forging. This on-pack innovation empowers customers, retailers, and others to tackle cell phones to confirm the genuineness of the drug items. This thus is likewise expected to drive the market development.

Dry Shampoo Market is growing at a robust pace with DesignME introducing Quickie.ME, a trio of dry shampoo products, which is cruelty-free, vegan, and free of parabens and sulfates

 

Dry shampoo is a kind of haircare shampoo that reduces frizziness without the need to add water to your hair. It's usually in powdered form and is usually sprayed from an aerosol container. Dry shampoo typically uses rice starch or corn starch as a base. This kind of dry shampoo can be used for short and long hair. As far as the regional footprint is considered, developed regions such as North America seem to be witnessing robust growth in the dry shampoo market. This is typically due to the fact that rising geriatric population in the U.S. and Canada. Besides, there is high demand for anti-aging products for beauty and trendy hairstyles, which can further boost the market growth.

Over the years, product innovations in the field of cosmetics and personal care products have led to the introduction of many innovative products. Recently, in April 2021, IGK unveiled No Limit Dry Volume and Thickening Spray for a finished look. Dry shampoo can lengthen the time between regular shampoos, which eventually reduces the use of heating implements such as hairdryer and straightening iron thereby preventing damage to the hair. Thus, such factors can stimulate growth of the dry shampoo market.

Dry Shampoo Benefits improves the look of oily or thin hair. It helps to add volume to the hair. These are another popular option for those who wish to get the moisture and volume their hair needs without using any water at all. Dry shampoo spray or serum comes in a variety of different forms. One of the major impediments to growth of the market is low awareness regarding this particular product. A large population has little to no knowledge regarding the benefits of dry shampoo and thus it has low penetration as compared to conventional wet shampoo. Such factors can inhibit growth of the dry shampoo market in the near future.

Another key factor governing the development of the market is the lucrative features of dry shampoo. These innovative products can absorb excess oil and grease without the use of water and also provide a fresh and glowing look as compared to conventional wet shampoo. With rising number of hair-related issues among women worldwide, the dry shampoo market is destined to expand rapidly in the near future. Recently, in March 2021, DesignME launched Quickie.ME, a trio of dry shampoo products, which is cruelty-free, vegan, and free of parabens and sulfates.

Seismic Survey Market Growth Is Linked To the Ever Growing Demand for Seismic Technology in the Oil and Gas Industry

 

A seismic survey is a non-invasive method of collecting information about the location and characteristics of geological structures beneath Earth's surface. It is widely used to investigate geological properties of the earth and to explore petroleum, natural gas, and mineral deposits. Three phases of seismic survey are data acquisition, processing, and interpretation. Seismic surveys use acoustic waves to create images of the earth through analysis of vibrations from seismic waves. Many methods are used for the initiation of seismic waves, such as dynamite blast, air guns, and seismic vibrator, among others. This technique has replaced the practice of exploding dynamite underground.

Thus, there is an increasing demand for this technology in the oil and gas industry, driving the growth of the seismic survey market. Seismic survey is a method used during the exploration phase of oil and gas development. The method gives a first idea of what is present underneath the earth's surface. This important information is used to create maps to identify areas where gas may accumulate. Currently, almost all oil and gas exploratory wells are preceded by 3-D seismic surveys. Thus, demand for seismic survey is also increasing with a rapid pace around the world. For example, in November 2020, Oil India Limited launched seismic campaign to locate oil and gas in the Mahanadi basin in Odisha.

The company plans to acquire, process, and interpret 1,502 line kilometer (LKM) of 2D seismic data and 1,670 sq. km of 3D seismic data in the five blocks.3-D seismic surveys have lowered finding costs and allowed exploration for reserves not locatable by other means, revolutionizing the industry. This in turn is also expected to accelerate the growth of the seismic survey market in the Asia Pacific region. Seismic survey is a technique of seismic exploration in which the earth's surface is probed by the use of reflected seismic waves for the purpose of determining the structure of the Earth's crust.

Moreover, the seismic survey market can be directly linked to the ever growing demand for seismic technology in shale gas exploration and brownfield projects. Seismic surveys can be carried out onshore and offshore. Offshore surveys are done to find fault lines, underwater volcanoes, earthquakes, ice shelves, underwater caving systems, etc. Inland surveys are usually carried out for determining the location of buried oil and gas deposits, preselling seepage, pre-plate rock formation, fault slip, and fault slip geometry. The cost of such surveys depend upon the size and type of land needed to be surveyed.

Demand for seismic survey has increased in the oil and gas industry due to the aforementioned factors, thereby driving the growth of the seismic survey market.

Major Players in Tissue Diagnostic Market Focus on Adopting Different Strategies to Enhance Their Market Share

 

The global tissue diagnostic market is expected to witness significant growth over the next five years. The report by Coherent Market Insights provides in-depth market analysis, revenue forecasts, key players, and other essential information about the global tissue diagnostics market, both current and future market trends, and the various competitive advantages, barriers, opportunities, and risks in the target market.

The global tissue diagnostic market analysis reveals strong growth potential in the global market for tissue engineering and production of human organs. Additionally, this report discusses the current landscape of the market, the prospects for the market in the next five years, the key drivers and restraints influencing the market, the scope of the market, competing technology, supply chain management, packaging and logistics, quality control, reimbursement, profit margins, marketing activities and strategies, and business development.

The primary focus of this global tissue diagnostics market research was on six market areas: vascular technology, genetic technology, imaging technologies, cell and tissue culture technologies, non-cellular biological technologies, and diagnostic technologies. The tissue diagnostic market has significant competitive advantages. The major competitive advantage in this market lies in the ability to produce high-quality, rapid results in a short period of time. This allows manufacturers and suppliers to offer rapid revenue generation. Moreover, there are a substantial amount of cash flow in this industry due to the relatively low production costs, high throughput, and standard features. This enables suppliers to offer diagnostic tests at affordable prices.

Rising prevalence of cancers, such as lung, colorectal, breast, ovarian, kidney, cervical, prostate, leukemia and Hodgkin's disease is expected to aid in growth of the global tissue diagnostic market. Furthermore, the rising prevalence of chronic disorders such as diabetes and hepatitis is also expected to aid in growth of the market. Over the last ten years, the cost of healthcare has continued to increase. This has prompted manufacturers of tissue diagnostic systems to develop and manufacture diagnostic test devices that can meet the increasing demands of the medical community.

Major players in the global tissue diagnostic market are focused on adopting different strategies to cope with the challenges associated with managing clinical workflow. One strategy is to automate the entire workflow through the use of computer software. Simultaneously, manufacturers have designed software that is compatible with a myriad of medical imaging equipment, thereby automating the image processing and data collection process. Another strategy adopted by manufacturers is to create workflow solutions that enable one to seamlessly connect a tissue sample with a digital image, depending upon the needs of the case. Simultaneously, other companies have developed software that enables one to rapidly retrieve all relevant information, irrespective of the complexities of the workflow environment.

Demand for Predictive Maintenance Management Is High In Predictive Maintenance Market for Ensuring Smooth Operations

 

Predictive maintenance systems are designed to assist manufacturing companies in determining the condition of their on-site equipment so as to gauge when regular maintenance ought to be done. This system promises significant cost savings since tasks are done only when necessary, thereby aiding in growth of the predictive maintenance market. The software can detect components that may prove to be faulty and thus prevent them from causing costly breakdowns. Moreover, the programs come with easy-to-use modules that make maintenance jobs easy, safe, and effective. These programs also help in ensuring optimal performance of the machinery by identifying possible problems in real-time and acting accordingly.

The demand for Predictive Maintenance Management (PMM) program is high in the predictive maintenance market for ensuring smooth operations. A robust PMM program consists of several features. It starts off with an evaluation of a company's condition monitoring system. Such a system is usually based on data obtained during the equipment's life cycle. The program then determines how much maintenance is needed to keep the equipment running smoothly and how to reduce costs involved.

The initial step towards an effective predictive maintenance products in the predictive maintenance market is to determine the nature of each piece equipment or facility. Factors that have a bearing on such a procedure include current operating conditions, anticipated failures, existing or projected service history, and expected failures in the near future. The software can then be trained to detect such factors and apply recommended solutions to reduce costs and improve efficiency. Several applications exist for using condition-monitoring applications in manufacturing facilities. Some of these applications are discussed below.

A common use of a PMM program is in the case of spare parts. Spare parts can be expensive to buy from distributors, and many times they need to be replaced after a very short span of time. In such cases, PMM products in the predictive maintenance market can identify trends that indicate the presence of spares, determine when they will be needed most, and can be adjusted accordingly so that the supply of spare parts is not in surplus and so that the required downtime is minimized. As such, with this application, the PMM can forecast the number of production hours needed for the replenishment of spare parts and can thus provide information that is crucial in production planning.

Another application of PMM is in the area of cost savings. Cost savings can result from many sources, including improved manufacturing processes, improved equipment, and reduced labor costs. In certain circumstances, cost savings can result from the reduction of required repairs or disruption of operations. To address such issues, a Predictive Maintenance Management system can analyze data analysis of operation costs and make recommendations as to the most cost effective preventive maintenance practices.

The Global Power Rental Market Continues To Grow Owing To the Rapid Expansion of Construction Sectors in the World and the Increasing Requirement for Electrical Energy

 

Power rental is a kind of service provided to people, who need to use generators but don't have any source of power supply. These people hire power plants and other forms of generators and power them so that they can work efficiently without any hindrance. In recent times there has been a rapid growth in the number of companies that provide the service of power rental. There are many reasons behind this growth like people are now becoming more conscious about their financial security and are taking all possible steps to stay away from disasters. So, to keep people safe from any kind of disaster they should invest in generators, alternators, batteries, and other supplies that can power up the appliances that users use most.

The growth of construction companies all around the world is the main factor that is boosting the growth of the global power rental market. For instance, according to the Builders’ Association of India, in India, there are 200 construction companies in the corporate sector. Along with that, there are around 120,000 class A contractors in the region, who are registered with several federal construction bodies. Moreover, the key market players are strategizing various mergers and launching various products, which is boosting the growth of the global power rental market.

There are several companies today that offer this service. They rent out massive amounts of electricity for those homeowners who cannot afford to purchase or even install a power-generating system in their homes. Some companies even allow people to rent the units as long as they return them after the agreed period of time with the payment in full. Companies that provide services to both commercial and residential customers are entrusted by the government bodies with providing emergency power supply. They have a wide range of generators, alternators and other supplies which are used in almost every part of the world. The main products which these companies provide include diesel-powered generators, high-pressure sodium pumps, condenser repair, high-pressure sodium pumps, and solid oxide semiconductor transfer. They also specialize in the windmill and solar power rental. However, the strict laws related to reducing the emission from equipment powered by fossil fuels are the main restraining factor that is hindering the growth of the global power rental market.

Owing to the rapid expansion of the construction sector in the region, North America is witnessing high demand in the global power rental market. For instance, according to the Construction Management Association of America, there are more than 700,000 construction companies in the United States. Moreover, the presence of key market players in the region is also boosting the growth of the global power rental market. Owing to such factors, there have been various industrial developments in the global power rental market. For instance, in May 2021, Moxion Power Raised US$ 10 million in funds in order to electrify the construction industry.

Increasing various research activities is propelling growth of the pediatric vaccines market

 

Growing awareness regarding vaccines and immunization among the populace is propelling the growth of the global pediatric vaccines market. For example, in the U.S., the month of January is celebrated as Cervical Health Awareness Month, wherein the importance of regular vaccination and screening in the prevention of cancer is forwarded. Also, increasing incidences of invasive cervical cancer are again anticipated to foster the growth of the market. According to the American Cancer Society, about 13,800 new cases of invasive cervical cancer are expected to be diagnosed in the U.S. in 2020 and the disease is expected to lead to the death of 4,290 women in the same year. The American Academy of Pediatrics recommends HPV vaccination for both females and males between the ages of 9 and 12, as vaccinations are more effective before any exposure to the virus.

In December 2019, Soligenix, Inc. initiated the study to assess the Safety of RiVax, a lyophilized ricin toxin A-chain subunit vaccine with alum-adjuvant

In April 2018, Merck & Co, Inc. initiated two Phase III studies of PCV-15 (V114), an investigational polyvalent conjugate vaccine for the prevention of pneumococcal disease.

On the other hand, low accessibility of vaccines to remote areas is expected to restrict the growth of the pediatric vaccine market. For instance, according to the World Health Organization in 2018, around 19.4 million children under the age of one year did not receive basic vaccines. Around 60% of these children belonged to emerging countries such as Angola, Brazil, the Democratic Republic of the Congo, Ethiopia, India, Indonesia, Nigeria, Pakistan, the Philippines, and Viet Nam.

North America is expected to dominate the global pediatric vaccines market and this is accredited to increasing FDA approval for introducing novel vaccines in the region. For instance, in December 2019, NewLink Genetics Corporation received the U.S. FDA approval for ERVEBO or Zaire Ebola virus vaccine V920.

Pediatric vaccines protect children from infectious agents like viruses, bacteria, and fungi that can cause serious diseases like smallpox, measles, mumps, and chickenpox. They also prevent diseases caused by these agents in adults. Vaccines are mostly made to protect against diseases that spread through mosquitoes. This includes yellow fever, dengue, and malaria. A pediatric vaccine, usually given to infants below 6 years of age, is the rotavirus. An important part of the routine schedule of vaccinations is the rotavirus vaccine, given in two doses along with the other required doses of a diphtheria-to vaccine or a varicella-zoster vaccine.

The Microbial Enhanced Oil Recovery Market Is On Continuous Rise Due To Increasing Number of Aged/Matured Oil Wells

 

Microbial enhanced oil recovery (MEOR) is a bio-technology that manipulates the function or structure, or both, of microbial environments present in the oil reservoirs. MEOR is proposed as a tertiary oil recovery technique due to its wide applicability, simplicity, and economic and environmental benefits. The microbial enhanced oil recovery market is on continuous rise due to increased spending on research and development, the increasing imports from aged/matured oil wells, and increased imports from major Asian countries, China and India. According to the U.S. Energy Information Administration (EIA), the U.S. remained a net crude oil importer in 2020, importing nearly 5.88 million barrels per day (MMb/d) and exporting about 3.18 MMb/d.

However, some of the crude oil that the U.S. imports is refined by U.S. refineries into petroleum product, such as jet fuel, diesel fuel, heating oil, and gasoline, which the U.S. exports. Such activities are expected to accelerate the microbial enhanced oil recovery market growth. MEOR manipulates functional or structural changes in microbial environments (that exist within oil reservoirs) to boost productivity. Moreover, EOR increases oil production by almost 10 to 20%, from aged or mature oil fields. According to the Oil & Gas UK, a leading trade association for the United Kingdom offshore oil and gas industry, there are more than 1,800 mature oil wells in the Norwegian Continental Shelf and United Kingdom Continental Shelf (UKCS).

Thus, the microbial enhanced oil recovery market is expected to witness substantial growth in Europe, as well as in North America, as oil wells in the U.S. follow similar patterns. Moreover, according to the petrowiki.spe.org, there are more than 65,000 oil and gas basins and fields of all sizes in the world. Most of the world's largest oilfields are located in Russia, Kazakhstan, Venezuela, Mexico, Brazil, India, and Middle East. Furthermore, strict regulations regarding chemical extraction of oil is also expected to augment the growth of the microbial enhanced oil recovery market. However, microbial enhanced oil recovery is not effective when there are different temperatures within different layers of the oil field.

Furthermore, minimum legal regulations and low set-up costs are some of the factors that have increased the number of oilfields in countries, such as Saudi Arabia, India, China, and the U.S. This in turn is also expected to propel the microbial enhanced oil recovery market growth. The market growth, in the Asia Pacific, is mainly driven by the different oil-focused government initiatives. For instance, India and Titan Oil Recovery signed a strategic agreement with to provide organic oil recovery solutions to the Indian Oil Production Industry.

The Medical Grade Hydrogel Market to Witness Significant Growth in North America

 

A hydrogel is like a molecular sponge. Common uses of hydrogel materials include cartilage replacement, drug delivery, aiding in tissue repair, wound care management, and as the material of choice for contact lenses. It is gaining significant traction as a novel carrier, which can be used in a variety of products targeted for different indications. Therefore, there is an increasing demand for medical grade hydrogel around the world, driving the growth of the medical grade hydrogel market. For example, in January 2021, Jellagen Limited announced the launch of JellaGel Hydrogel. 3-dimensaional Hydrogels allow cells to grow and interact with all of their surroundings which makes a huge difference.

Hydrogels are suitable for many medical applications, as they absorb different types of the fluid. Moreover, hydrogels can be used as carrier for many active ingredients, as human body consist of large amount of water. Since they are highly biocompatible, they are not harmless compared to other polymers. North America is expected to lead the medical grade hydrogel market due to the increasing number of plastic/reconstructive surgeries. Hydrogels or hydrogel-based materials are widely used in these type of surgeries. For example, according to American Society of Plastic Surgeons, around 313,735 Breast augmentation surgeries were performed in the United States in 2018. This in turn is also expected to drive the market growth.

Moreover, growth of the medical grade hydrogel market, in North America (especially in the United States and Canada), is driven by the increasing demand for hydrogels for drug delivery, wound care management, tissue repair, and the material of choice for contact lenses. In August 2020, Bausch + Lomb announced the launch of INFUSE silicone hydrogel (SiHy) daily disposable contact lens, the only SiHy daily disposable with a next generation material infused with the ProBalance Technology to help ocular surface homeostasis and help reduce symptoms of contact lens dryness, which is experienced by around half of the 45 million lens wearers in the United States.

Moreover, in November 2020, Bausch + Lomb received approval from Health Canada for the sale of Bausch + Lomb Ultra One Day daily disposable silicone hydrogel (SiHy daily) contact lenses. Furthermore, the medical grade hydrogel market is gaining huge traction due to the increasing prevalence of the chronic disease, such as heart disease and cancer, and extensive research and development for the development of innovative products. According to the World Health Organization (WHO), chronic diseases, such as cancer, diabetes, and heart disease, are the leading causes of death and disability worldwide.

Electric Scooter Market is set to be electrified with the collaboration between ARAI and AIM-NITI Aayog to enhance the EV start-ups in India

 

The electric scooter market is majorly driven by the increasing demand for electrically-run vehicles in the light of concerns over rising emissions of greenhouse gases which has compelled many governments to encourage the adoption of these sustainable vehicles by offering subsidies on their purchase. In February 2021, the Automotive Research Association of India (ARAI) signed a SOI or statement of intent with the Atal Innovation Mission (AIM) NITI Aayog to augment the start-up network in the Indian electric moped market.

An electric scooter, also known as a stand-up scooter with a tiny electric motor or an internal combustion engine, is usually a very low-powered, lightweight, and compact personal power solution designed to be ridden indoors. Usually classified as micro-mobility, electric scooters are constructed with a long, wide back deck on which the rider sits. This design allows the rider to stand up and move about, often rotating his or her body in various directions.

In May 2021, Simple Energy announced to launch its first-ever electric scooter in August 2021 with the range of 150 miles on a single charge. The shift from traditional to electric modes of transportation is being propelled by the need for efficient urban mobility and new transportation networks.

On the geographical front, the Asia Pacific region is showing promising growth aspects for the electric scooter market due to increasing consumer significance over the use of renewable energy transportation to reduce pollution levels, rapid urbanization, and the availability of e-scooters are both driving the regional sector. Similarly, the electric scooter market in the North American region is mainly supported by increased spending in electric moped charging systems and research funding for advanced high-density batteries.

Electric scooters are similar to electric wheelchairs as they have less power than motorized wheelchairs, but are still capable of traveling great distances. In contrast to electric wheelchairs, which have to be folded up in order to travel on the street, these are able to stay on the road because they have "self-propelled" tires. There is another major difference between these two types: electric wheelchairs need to be licensed by the government before being used for personal mobility devices, whereas electric scooters are allowed on public roads. This makes electric scooters much easier to use than wheelchairs, but they still don't have all the same features as a powered wheelchair, such as the correct height for optimum comfort.

However, the electric scooter market's development may be constrained by the paucity of charging facilities, higher initial investment costs, and capacity restraints.

The Emergence of COVID-19 to Augment Growth of the Cheese Powder Market

 

Cheese powder is dehydrated cheese, which is manufactured and marketed in different types such as mozzarella, parmesan, cheddar, and others. It is used for dry snacks and sauces or re-hydrated and used in fillings. Cheese powder can be a combination of up to 15% cheese, whey, maltodextrin, vegetable oil, and calcium caseinate. Moreover, it offers a unique combination of flavor, taste, convenience, and functionality in products such as dips and dressings, sauces, snacks, and ready-to-eat meals. Therefore, due to its longer shelf life and ease of handling, the powder is gaining popularity among consumers, especially during the times of COVID-19, driving the growth of the cheese powder market.

COVID times saw an upsurge in consumption of protein rich foods like cheese as well as cream and butter. For example, in February 2021, Heritage Foods has expanded its product portfolio by adding four products, such as Mozzarella and processed cheese in the protein rich food category. Heritage cream has 25 % fat and Cool cafe powder is a blend of finest coffee with fresh ness of milk. Moreover, key factors such, consumer preference towards convenience food and growing processed food industries, play an important role in the cheese powder market growth. Thus, manufacturers are focusing on providing personalized flavors in cheese powder, ranging from sweet and buttery to savory flours.

Moreover, they are exploring new/innovative ingredients for the development of new flavors and product offerings. For example, Land O’Lakes Global Dairy Ingredients launched organic white cheddar cheese powder to respond to the consumer demand for natural dairy ingredients free from food dyes and coloring. Such new products are examples of continuous growth and innovation brought to market to maintain strong partnerships with existing customers and potential new customers. This in turn is also expected to accelerate the growth of the cheese powder market.

However, stringent rules and regulations, imposed by the government, on the use of food ingredients is a key challenge for manufacturers, which may restrain the cheese powder market growth. For example, 21CFR133.113 by the Food and Drug Administration (FDA) on cheddar cheese and related products, if pasteurized dairy ingredients are used then the phenol equivalent value of 0.25 gram of cheddar cheese should not more than 3 micrograms. Furthermore, the increasing prevalence of obesity, heart diseases, and diabetes around the world are major factors hindering the cheese powder market growth during the forecast period.

Component, deployment, and order type are the three segments that make up the worldwide telecom order management market.

 

The telecom order management is seeing enormous development in the North America district because of the wide-scale extension of the LTE organization. Expanding tendency towards cloud-based administrations inferable from quicker arrangement and nimbleness benefits is the continuous pattern among associations. Practical business cycles would additionally make an ideal market scene during the estimate time frame.

Telecom Order Management robotizes and smoothes out the order preparing for telecom specialist co-ops and includes exchanges, change management, establishment, and stock control. Telecom order management offers various advantages like a brought together stage, improving the uptime of various administrations, and offering help for both cloud and on-premise arrangement. This has expanded the speed of reception of telecom order management arrangements in the telecom business. Also, expanding reception of cloud-based administrations because of the fast arrangement and adaptable administrations is the key market pattern driving the development of the market. Expanding web and savvy gadgets' infiltration, rising interest for consistent organization network in provincial regions, and practical business measures are expected to increase the development of the telecom order management market over the gauge course of events.

Market Dynamics

The telecom order management market is anticipated to grow in the forecast period owing to driving factors such as rapid growth in the number of connected device as well as subscribers. Also, consolidation of services by network operators and telecom service providers are further likely to augment the market growth. However, reluctance to adopt structural changes in systems and technologies may hamper the growth of telecom order management market during the forecast period. On the other hand, innovations by key market players in next-gen tools would offer lucrative opportunities for the telecom order management market.

The leading players of the market profiled in the report are IBM Corporation, Cognizant, Oracle Corporation, Fujitsu Limited, Infosys, Ltd., Wipro, Ltd., Ericsson, Pegasystems, Inc., Comarch S.A., Chickpea, Cerillion, Intellibuzz, Mphasis, and Neustar, among others. These companies are actively engaged in developing advanced technologies and innovative services and forming strategic alliances such as mergers and acquisitions, collaborations, joint ventures, partnerships, and others to gain a robust footing in the market.

With Medtronic plc announcing the first-ever clinical data from the SPYRAL HTN-OFF MED Pivotal Trial for denervation surgery, the Renal Denervation Devices Market is gaining traction.

 

Renal bypass surgery is a minimally invasive surgical method to treat chronic hypertension. Patients who have congestive heart failure are candidates for this procedure, which improves blood flow in the body by bypassing the organ. A balloon catheter is inflated to increase blood flow in the body's extremities such as legs and feet. This balloon catheter is attached to a thin tube that empties it into the abdominal cavity. As far as the regional footprint is considered, Europe seems to be gaining robust traction in the renal denervation devices market. This is typically due to the fact there is an increasing prevalence of cardiovascular diseases in the region. On the contrary, Europe seems to exhibit promising signs with rising occurrence of diabetes in emerging economies.

The typical application of renal denervation devices is in the treatment of resistant hypertension. Over the years, hypertension has become one of the most significant lifestyle diseases, which could lead to various other health-related complications. As per the Centers for Disease Control and Prevention (CDC), in the U.S., in 2020, around 108 million people have hypertension, which is defined as systolic blood pressure. Furthermore, according to the American Institute of Stress, in 2020, around 33% of people report extreme stress in the U.S. Such a high incidence of hypertension and stress is necessitating adequate treatment options. Hence, such factors can stimulate growth of the renal denervation devices market.

That being said, there are certain factors that can pose a major challenge to the growth of the market. For instance, renal denervation procedure is highly painful, and thus many patients tend to opt for minimally invasive surgical procedures. Besides, stringent regulations on product approvals and reimbursement systems can potentially impede growth of the renal denervation devices market in the near future.

One of the major advantages of renal denervation devices is that these devices offer long-lasting effects as compared to other surgical procedures. Besides, over the years, these devices have improved significantly due to technological advancements and continuous research and development activities by key medical device manufacturers. Therefore, these factors can potentially augment growth of the renal denervation devices market in the near future. Recently, in March 2020, Medtronic plc announced the first-ever clinical data from the SPYRAL HTN-OFF MED Pivotal Trial, which showed superiority for renal denervation in patients with high blood pressure as compared to the Sham procedure.

The renewable chemicals market is experiencing significant growth as major chemical manufacturers are focusing on utilizing natural sources for chemical

 

Renewable chemicals are chemicals derived from eco-friendly products such as corn, biomass, algae, and sugarcane. These chemicals can be transformed into various useful products like fertilizers, antifreeze, gasoline, fuel, synthetic rubbers, and plastics, etc. These chemicals have wide applications in different sectors including food & beverages, agriculture, forestry, petrochemical, cosmetics, pharmaceutical, and others. In general, these chemicals can be categorized into two categories as synthetic and bio-organic chemicals.

Growing preferences for eco-friendly products coupled with the low-cost of the feedstock is driving the growth of renewable chemicals market. Increasing prices of fossil fuels and the need to reduce greenhouse emissions are again contributing to the growth of renewable chemicals market. Moreover, the growing cultivation of corn and sugarcane as they are the ideal substitute for renewable chemicals is further projected to accelerate the market growth over the forecast period. According to the International Sugar Organization, sugarcane, on average, accounts for nearly 80% of global sugar production. Between 2001 and 2018, world sugar consumption increased from 123.454 mln tones to 172.441 mln tones, the equivalent to average annual growth of 2.01%. Also, the growing popularity of biopolymers derived from renewable feedstock such as corn and sugarcane is further anticipated to foster the growth of renewable chemicals market over the forecast period.

North America is expected to gain significant growth over the forecast period and this is attributed to increasing initiatives by the government to promote the use of eco-friendly products. For instance, the US Environmental Protection Agency (EPA) has made it compulsory for the manufacturer of gasoline to use a percentage of renewable ethanol, as ethanol significantly reduces greenhouse gas emissions.

Key Developments:

In July 2020, Praj Industries foray into developing technologies to produce bio-based renewable chemicals and materials (RCM). RCM produced from bio-based feedstocks are sustainable alternatives to products made from fossil resources.

In October 2020, Perstorp announced the launch of the first partly renewable carboxylic acids - 2-Ethylhexanoic Acid Pro and Valeric Acid Pro. 2-EHA Pro is based on 25% renewable raw materials, and Valeric Acid Pro contains 20% renewable content.

In October 2019, Clariant has partnered with renewable hydrocarbon producer Neste to offer a wide range of additives based on mass balance certified ethylene and propylene from renewable feedstock, which reliably delivers both high performance and sustainability.

In August 2018, Braskem launches a new renewable resin made from sugarcane in Allbirds shoes. It is designed for the application such as footwear, automotive, transportation, and others.

The overall wood coatings market growth is due to the rising global population and the stabilization of the housing market

 

Wood coatings, also known as wood treatments, have extensive use both in residential and commercial applications. With many new advances in wood coating technology, the demand and growth of low VOC coatings are sure to create many new growth possibilities. Other coatings such as stain and finish also have similar benefits that wood coatings do. Many chemicals are used in the process of creating wood coatings. A chemical process is necessary to convert organic material to a usable state. During this conversion process, additional chemicals are introduced into the wood products creating further coatings. One of the most common and popular types of chemical coatings is polyurethane foam.

Improving living standards due to growing disposable income is a prime factor driving the growth of wood coatings market. Expansion of the furniture industry due to increasing population which is driving demand for residential building. This in turn is augmenting the market growth of the wood coatings. Thus, a rise in the real estate industry is projected to foster the growth of wood coatings market. According to the United Nation, The world population is projected to reach 8.5 billion in 2030, and to increase further to 9.7 billion in 2050 and 11.2 billion by 2100. On the other hand, strict regulation due to the presence of volatile organic compounds (VOC) in the coatings is projected to hinder the growth of the wood coatings market.

The Asia Pacific is expected to gain significant growth over the forecast period and this is attributed to the robust growth in the real estate sector due to the growing population in the region. According to the India Brand Equity Foundation, the real estate sector in India is expected to reach US$ 1 trillion by 2030. By 2025, it will contribute 13% to the country’s GDP. Real estate attracted around Rs. 43,780 crore (US$ 6.26 billion) in investment in 2019.

Key Developments:

In April 2019, Jotun launched Ultra One, Ultra Lite, and Primax Excel, which allow engineered wood to be protectively coated in powder – and for the first time, these products can be applied to natural wood too.

In November 2019, AkzoNobel digs in to launch €50 million investment in US wood coatings site

In July 2020, Nippon Paint India, part of the NIPSEA Group, has launched a new range of industrial paints under the Protec brand

In September 2019, Sirca Paints launched Fresco Matt Finish paint in the Indian market

In April 2018, HMG Paints, Manchester, UK, has launched a specialist range of decorative coatings, including a new color collection

In August 2020, Costron has teamed up with DSM to launch innovative wood coating solutions

In June 2020, ICL AND SPECIALCHEM PARTNER TO LAUNCH HALOX® SCRATCH-X™