Thursday, 2 April 2020

Ambulatory Services Market Growth Prospect, Future Trend, Comprehensive Analysis and Forecasts 2026

Ambulatory Services Market [By Service Type (Primary Care Offerings, Emergency Departments, Outpatient Departments, Medical Specialty, Surgical Specialty); By Regions]: Market size & Forecast, 2020 – 2025

New York City, 2 April 2020: According to a new research published by Polaris Market Research the global ambulatory services market is anticipated to reach more than USD 3,812.7 billion by 2025.Ambulatory care denotes the medical service area provided to a patient without the need of hospitalization and other medical services. The ambulatory services include medical expert organizations, home healthcare, and medical laboratories. These service is one of the major hospital revenue provider and to the presentation of the hospital health care system. Ambulatory care provides treatment, consultation, observation, intervention, rehabilitation, and diagnosis to patient with unconventional medical treatments. In addition, telephone conferences, reintegration meetings, and emergency visits with patients is expected to appeal more patients in the direction of the ambulatory services, offering significant economic outcome.

Ambulatory services market growth is majorly driven by factor such as growing requirement of ambulatory surgical visits. According to the Centers for Medicare and Medicaid Services 2016, about 20 million surgical procedures and around 35 million ambulatory surgical visits were performed in hospital outpatient departments (HOPDs), with approximately 15 million surgeries performed in ambulatory surgery centers (ASCs). Moreover, cost-saving surgeries compared to the hospitals, government investment for ambulatory care facilities, and rising government funding offering team-based primary care are another major factors enhancing the global market growth.

  
Additionally, the increasing geriatric population with rising occurrence of chronic diseases requiring medical attention, new reimbursement policies by the government offering economic advantage, and adopting advanced technology, are the factors further propelling the growth of the global market. Furthermore, the growing demand for non-invasive and minimally invasive surgeries, inexpensive surgical costs, well equipped ambulatory service centers, and faster patient recovery time is expected to drive the market during the forecast period.

The Ambulatory Services market is segmented by service type which include primary care offerings, emergency departments, outpatient departments, medical specialty, and surgical specialty. In 2017, the primary care offerings accounted for the majority share and dominated the market. This was followed by the surgical specialty segment which gained traction due to the technological advancements of the same-day surgeries for cataract and orthopedic issues.


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Personal Protective Equipment (PPE) Market Share, Scope, Growth Opportunities Analysis and Forecast

New York City, 2 April 2020: According to a new study published by Polaris Market Research the global personal protective equipment (PPE) market is anticipated to reach USD 81.35 billion by 2026. The market growth is propelled majorly by the increasing concerns of employers over the safety of its employees. Employers are highly responsible for offering a healthy and safe workplace to their workers. Employees working at industrial sites are prone to different forms for hazards, they are likely to come across sharp objects, flying sparks, unbearable loud noise, falling objects, and chemicals that could cause them serious injuries.

Companies especially those belonging to industrial, manufacturing, and construction sectors have realized that it is better to take precautions and prevent any lethal damage to any of their workers. Many regulatory bodies have laid guidelines to promote the safety and health of workforce. For instance, Occupational Safety and Health Administration (OSHA) in the U.S. is responsible for formulating standards that are aimed to encourage a safe and healthy environment for employees. 


OSHA has set requirements for the use of PPE such as 29 CFR 1910.135 (Head protection); 29 CFR 1910.137 (Electrical protective equipment); 29 CFR1910.136 (Foot protection), and29 CFR 1910.138 (Hand protection), among others. OSHA together with few other agencies such as National Institute for Occupational Safety and Health (NIOSH), and National Fire Protection Association (NFPA), among others standardizes guidelines for work environment.

PPE finds application in various industries including oil & gas, petrochemicals, transportation, food& beverages, power & energy, construction, and healthcare, among others. Among these industries, construction industry is experiencing highest application, and is among one of the largest end-use industry that is driving the market. The industry is flourishing in Asia Pacific region, primarily due to the presence of developing nations that are heavily investing in their infrastructural facilities.

  
Key Findings from the study suggest that the largest share of the market in 2017 was of the North American region. Moreover, the market is segmented on the basis of products and end use. On the basis of product, the market can be segmented into eye protection, hand protection, head protection, hearing protection, fall protection, protective clothing, professional footwear, and respiratory protection, among other. Professional footwear is anticipated to foresee highest growth, owing to their wide range of application across various industries. These footwears are largely utilized for protection from sharp edge objects, and helps avoid direct contact from any hazardous chemicals.

Major players operating in the market includes companies such as MSA Safety Inc., Ansell Ltd., 3M Company, Alpha Pro. Tech Ltd., Rock Fall Ltd.,JSP Ltd., Oftenrich Holdings Co. Ltd, JAL Group, COFRA Holding AG, Golden Chang, Avon Rubber p. i. c., Rahman Group, and Honeywell International Inc., among others.

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Wednesday, 1 April 2020

Aquaponics Market Size | Share | Global Industry Growth Report, 2020-2026


The global Aquaponics Market is anticipated to reach $1,019 million by 2026 according to a new research published by Polaris Market Research. In 2018, the Deep Water Culture segment accounted for the highest Aquaponics market share in terms of revenue. North America is expected to be the leading contributor to the global Aquaponics market revenue in 2018.

The increase in the population worldwide and growth in global food demand majorly drives the aquaponics market growth. Aquaponics is increasingly being used to meet the high-demand for food crops. The ability to produce high quality crops throughout the year, lesser use of water for crop cultivation, and lower dependency on weather conditions boost the aquaponics market growth. Growing demand for organic and chemical free crops, and rising urban population accelerate the growth of the aquaponics market. New emerging markets, and reduced environmental pollution by aquaponics would provide growth opportunities in the aquaponics market in the coming years.

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North America generated the highest aquaponics market share in terms of revenue in 2018. The growing urbanization, and rising population has accelerated the aquaponics market growth in the region. A significant rise in the demand for organic and chemical free food products supports the growth of the aquaponics market in the region. The technological advancements in farming methods, and increasing awareness among consumers improves the aquaponics market growth rate. Asia-Pacific is expected to grow at the highest rate during the forecast period. This is owing to significant growth of population in the region. Lack of fertile land, and strong technical expertise in agricultural practices in the region promotes the adoption of aquaponics in the region. Technological advancements and established R&D institutes in China and Japan further supplements the aquaponics market growth.
  
The well-known companies profiled in the aquaponics market report include Ultrasonics Canada Corporation, UrbanFarmers AG, Backyard Aquaponics Pty Ltd., ECF Farmsystems GmbH, My Aquaponics, Aqua Allotments, Nelson & Pade Inc., Colorado Aquaponic, Greenlife Aquaponics, Aquaponic Lynx LLC, and The Aquaponic Source among others. These companies launch new products and collaborate with other market leaders to innovate and launch new products to meet the increasing needs and requirements of consumers.

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Leading players in the aquaponics market partner and collaborate with other players in the market to enhance their offerings in the market and expand their customer base. For instance, Aerofarms has partnered with Dell Technologies to expand its technological requirements of machine learning and network systems. Fluence Bioengineering, offers lighting solutions for Aquaponics to its consumers. The company’s Fluence RAZR Series is developed for various Aquaponics applications such as full-cycle cultivation of leafy greens, young plant propagation of vegetable, ornamental and cannabis crops.

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Healthcare It Market Growth Trends, Statistics, End-users, Potential, Technology by PMR


The demand for healthcare IT is majorly driven by continuous technological advancements for providing improved healthcare facilities, increased government support & spending on healthcare IT solutions, and rising need to manage individual health data at a single platform. Moreover, need of decreasing healthcare cost by increasing adoption of healthcare IT systems would also influence the growth of HCIT market in the forecast period. Despite of higher investment cost, healthcare IT market would notice growth in the future.

Global Healthcare IT Market estimated to reach USD 324.9 Billion by 2026 says a new report by Polaris Market Research


Healthcare information technology (HCIT) involves the designing, development, and use & maintenance of various IT systems for the healthcare industry. Todays, healthcare industry has observed a continuous shift for value-based care model. This model is majorly focused on improving quality of care with the help of patient engagement, meeting regulatory requirements, and delivering personalized customer experience. Similarly, data aggregation, risk and care management should be considered for building interoperability between the healthcare providers.

Healthcare IT market by products & service is further segmented as healthcare provider solutions, healthcare payer solutions, and healthcare IT outsourcing services. Healthcare provider solutions hold the major share of the HCIT market due to rising need for managing the patient’s health data, and interconnecting healthcare providers that in turn saves the time and cost of treatment for patients.

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North America maintained a dominating position in the global healthcare IT market in 2017, followed by Europe and Asia Pacific. North America’s healthcare IT market is primarily driven by growing adoption of HCIT solutions, and controlling healthcare cost. In addition, need for maintaining operational efficiency in the healthcare organizations, and concern for well-established healthcare IT infrastructure would drive North America’s HCIT market. Asia Pacific has a potential market in healthcare IT industry. Countries like India, and China show rapid growth which is observed due to, continuous governments efforts for improving healthcare services to provide better infrastructure for the patients.

The leading companies operating in this industry include Afga Gevaert Group, Novarad Corporation, GE Healthcare, Allscripts Healthcare Solutions, Inc., Mckesson Corporation, Philips Healthcare, Cerner Corporation, Hewlett-Packward, Oracle Corporation, Optum Inc., and E-MDS Inc

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Smart Home Automation Market share, Trends, Regional analysis and outlook to 2026


The worldwide Smart Home Automation Market is anticipated to reach around USD 203.3 billion by 2026 according to a new research published by Polaris Market Research. In 2017, the entertainment segment dominated the global market, in terms of revenue. In 2017, North America accounted for the majority share in the global Smart Home Automation market.

The growing demand for remote monitoring of homes, along with increasing costs associated with energy use increases the demand for smart home automation. The increasing use of mart home automation in the development of smart cities, along with government regulations regarding energy use and emissions support the smart home automation market growth. The rising adoption of Internet of Things, and smart devices boosts the adoption of smart home automation.  Other factors driving the market growth include growing penetration of mobile devices, technological advancements, and development of smart cities. New emerging markets, emerging consumer demographics, and increasing awareness among consumers regarding efficient energy use would provide growth opportunities for smart home automation market in the coming years.

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The rising concerns regarding energy efficiency has increased the adoption of smart home automation. Smart home automation systems maintain the controls of home equipment to maximize energy efficiency. For instance, the thermostat uses a temperature threshold to govern the home’s heating and cooling system. They can also be programmed with different target temperatures to keep energy usage at a minimum.
  
In 2017, North America accounted for the highest share in the global smart home automation market. The primary factors driving the smart home automation market growth in the region include established telecommunication industry and cloud infrastructure, rising penetration of mobile devices, technological advancements, and high investment in R&D. The introduction of favorable government regulations regarding energy usage and emissions, and rising awareness regarding use of energy efficient equipment boost the smart home automation market in North America. The increasing concerns regarding safety and access control, increasing development of smart cities, and growing adoption of connected devices and IoT further increase the demand of Smart Home Automation in the region.

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The companies operating in the smart home automation markett include Johnson Controls, ABB Ltd., Ingersoll-Rand plc, Schneider Electric, Legrand SA, Crestron Electronics, Inc., Siemens AG, Honeywell International, Inc., Control4 Corporation, and Leviton Manufacturing Company, Inc. These companies launch new products and collaborate with other market leaders to innovate and launch new products to meet the increasing needs and requirements of consumers.

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Industrial Lubricants Market A Latest Research Report to Share Market Insights and Dynamics


The global industrial lubricants market is anticipated to reach USD 80.24 billion by 2026 according to a new study published by Polaris Market Research. The industrial lubricants market is expected to be driven by minimizing cost, optimization of operations and maximizing impact on the end use sectors. The industry is focusing on channel marketing to sell these products through distribution network establishments, service providers or adjacent industry which forecast potential growth in the client base. The worldwide Industrial lubricants market is driven by dynamic advancements in industrial process design and changing fuel quality that provides a driving force for its manufacturers to develop high end formulations. The performance requirements are driven by Original Equipment Manufacturer’s demands for reduced carbon footprints, improved efficiency and optimized fuel consumption. The business transformation in the lubricant industry is to shift from the models of carrying on business in the same manner to modifying and establishing various aspects of the same business.

These transformations have added to several variations of shifting from current competitive positioning to help improve that position with certain advancements in the approach. The shift from minimizing cost to maximizing the impact downturns the entire process and have added on to the optimization of the entire operational process.


The back-end process of the customers and channels includes the OEMs and their workshops, independent workshops, quick services and many more. Industry participants to have a relevant position in the market has to work on three dimensions, that is to capture the critical elements of business, drive customer preferences or an important attribute, and to categorize competition. Hence, the business transformations in the lubricant industry have shifted the business model variably for the customer’s viewpoint. Consumer centric approach is an important approach because it values the customers, develops the relations for valued customer base.
  
The market with such competitiveness owing to the presence of large number of industry participants is expected to grow significantly, as the companies involve themselves in newer marketing and sales techniques along with frequent innovation of novel products that meet the OEM’s lubricant requirements perfectly.



Asia Pacific Industrial Lubricants Market is expected to generate the highest demand for these products by 2026 with an increasing market share of approximately 40% in 2017 to further increase by the end of forecast period. Increasing rate of industrialization in the emerging economies such as India, Vietnam, Philippines, Malaysia, Indonesia etc. along with high demand from China, South Korea, Japan and Australia is the major factor expected to drive demand for the products over till 2026 and beyond.

The few of the leading industry participants currently operating in a worldwide scale include Arabol Lubricants, Total Oil, BP, Indian Oil Corporation, Phillips 66 Lubricants, Bel-Ray Company LLC., Amsoil (Wisconsin), Bharat Petroleum, Morris Lubricants, Ultrachem  Inc , Penrite Oil, Valvoline ,  Rock Valley Oil and Chemical Co., Peak Lubricants Pty Ltd , Lubrizol, Liqui Moly,  Eni S.P.A.  and Emulsichem Lubricants Pvt. Ltd.


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Heat Transfer Fluids Market Overview, Growth Factors, Demand and Trends Forecast to 2026


According to a new study published by Polaris Market Research the global heat transfer fluids market is anticipated to reach USD 4.56 billion by 2026. Rising demand for a wide range of heat transfer fluids from an assortment of industrial sectors is expected to drive the market over the next decade. The industrial trends of these products show that the highest increase in demand has been from the diverse manufacturing base globally and it tends to grow with increase in the expansion of it.

These fluids are eutectic mixtures that contain two stable compounds. These products practically have identical vapor pressures, so that the mixture or composition can be managed as a solitary compound. These types of fluids are mainly used in those systems that employ either liquid vapor phase heating. These products are stable and are readily not decomposable at high temperatures. These fluids are used effectively either in vapor or liquid phase systems. Their low viscosity that remains throughout the operating range eventually results in an efficient transfer of heat; start-up and also problems related to pumping are minimized. These fluids are noncorrosive to normal alloys and metals. The functional qualities of these products are expected to boost demand over the forecast period.

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Nanofluid has emerged as a novel type for heat transfer medium. It contains nanoparticles (around 1–100 nm) that are stably and uniformly distributed in the base fluid. These nanoparticles that remain distributed, generally in a metal oxide or metal significantly enhance the nanofluid’s thermal conductivity. It increases the convection coefficients and conduction that allows for additional heat transfer nanofluids to be applicable for applications such as the advanced heat transfer fluids. 
However, owing to a wide variety and complexity of these nanofluid systems, no such agreement is yet achieved on its magnitude of the potential benefits of applying nanofluids for the heat transfer systems applications. Compared to the conventional suspensions of solid–liquid for heat/thermal transfer intensifications, nanofluids with properly dispersed nanoparticles come with several other advantages. Hence, with such advantages and advancements in raw materials for manufacturing heat transfer fluids, demand for these products are expected to increase further in the near future.

Asia Pacific Heat Transfer Fluids Market is expected to account for the maximum demand for these products in the next eight years. With increasing industrialization in the region especially in Japan, India, Korea and even Australia demand for these products are anticipated to grow even higher. Europe was also a potential market in terms of consumption, but the industry has been experiencing a sluggish growth since few years and the region is primarily dependent on import of these products. Consumption of these products have been increasing slightly on a yearly basis.

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The few of the leading industry participants currently operating in a worldwide scale include Dalian Richfortune Chemicals, Hindustan Petroleum Corporation Ltd., Lytron Inc., Honeywell International, Radco Industries, Arkema, Phillips 66, Bharat Petroleum, Indian Oil, Zhongneng Chemical and Huntsman, Dow Chemicals, Paratherm, Schultz Chemicals, Dynalene, Inc. and Therminol.

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Hearing Aids Market Share Trends analysis and Future Forecast 2026

Global hearing aids market is anticipated to reach USD 6,992.1 million by 2025. In 2017, by technology, digital technology segment dominated the market in terms of revenue and hold major share in the market. Regionally, Europe accounted for the major share in the hearing aid market.
The hearing aid market is primarily driven by increasing incidences of hearing loss due caused due to increased noise pollution, rising geriatric population, and need for continuous technological advancement of the devices. Moreover, deafness due to ear infections, and birth complications also influence the growth of hearing aids market during the forecast period.Behind the ear (BTE) hearing aid constitutes a major market share owning to its benefits like high efficiency, easy use, and better connectivity. However, canal hearing aids are estimated to grow at a higher rate due to the increased preference for invisible aids with better functions and connectivity.


Technologically, hearing aids market is segmented into digital hearing aids and analog hearing aids. Digital hearing aids holds major market share in hearing aids market and is estimated to grow at a faster rate in the forecast period.  The growth of digital hearing aids is primarily driven by continuous technology advancements & innovations that provide wireless connectivity to all types of smartphones with improved listening experience in noisy environments.

Europe holds a dominating position in the global hearing aids market which is followed by North America and Asia Pacific. The growth in the European hearing aids market is majorly driven by the increasing number of geriatric population, increased prevalence of hearing loss, and availability of technological advanced hearing aids. However, high cost of the devices can impede the growth of hearing aid market in Europe.


The leading companies operating in this industry include Sonova, Gn Store Nord, William Demant Holding A/S, Widex A/S, Sivantos, Starkey, Zounds Hearing, Sebotek Hearing Systems, Benson Hearing, Microteck Systems, Medtronics, and Microscan.

Key Findings from the study suggest products available in the market are continuously concentrating on the technological advancements. Companies while developing new technology considers the factors such as increasing disposable income and increasing number of geriatric population globally. Europe is presumed to dominate the global hearing aid market over the forecast years and Asia Pacific region shows signs of high growth owing to the booming economies of India, and China.


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Halal Cosmetics Market Global Industry Analysis, Segments, Top Key Players, Drivers and Trends 2026

The global halal cosmetics market is anticipated to reach USD 22.53 billion by 2026 according to a new study published by Polaris Market Research. The market growth is primarily due to increase in Muslim populations and their purchasing power. This has created a surge in demand for halal cosmetics. Increasing demand has also compelled market players to engage in new product development.

Currently, consumers are exhibiting growing interest in halal cosmetics and personal care. This is primarily due to the increasing consumer awareness about the importance of personal hygiene and improving lifestyles as a result of increasing disposable income. Halal cosmetics being different from conventional cosmetics are gaining popularity, as these cosmetics do not contain alcohol, porcine-by products and their derivatives. Basically, they do not contain contents or ingredients that are against Islamic beliefs. 


Halal cosmetics are expected to be produced, packaged, stored, and distributed as per Islamic teachings. Moreover, these products are considered to be safe, clean, and high quality. The significant growth in Muslim populations across the globe is expected to offer immense opportunities to personal care and halal cosmetics industry. In addition, the rapidly accelerating economic power of Islamic countries is anticipated to largely influence them to spend additional money on beauty and personal products.

 The growing issues over the environmental and health hazards are also responsible for such as significant impact on the cosmetic industry. Some of the health hazards such as distortion, breast cancer, and abnormalities pertaining to genital are usually blamed to occur as a result of excessive usage of cosmetics products comprising nano-particle ingredients. The increasing in number of such events has promoted consumer awareness about the substance of beauty products, thus, driving demands for halal personal care and cosmetic goods.

Low level of awareness about the presence of halal cosmetic brands is acting as a challenge to the industry. As a consequence, the industry is not experiencing heavy demands as expected out of its potentials. Moreover, halal issues within the sector are considered quiet minor among consumers in comparison to food consumption. Thus, this requires manufacturers to improve their marketing strategies and production facilities. Furthermore, it becomes difficult to understand consumer perspective about halal cosmetic brands.

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Asia Pacific is anticipated to dominate the global halal cosmetics market, owing to the presence of emerging nations such as India, Indonesia, Malaysia, Bangladesh, Maldives, and Pakistan. These nations have significant population that follow Islamic beliefs.

The list of key companies that are operating in the market include Ivy Beauty Corporation Sdn Bhd, Mena Cosmetics, MMA Bio Lab Sdn Bhd, The Halal Cosmetics Company, Talent Cosmetic Co., Ltd., PHB Ethical Beauty, Saaf SkinCare, One Pure, Sampure Minerals, Amara Cosmetics, Wardah Cosmetics, Inika, Clara International, Prolab, and IBA Halal Care. These players are observed engaging in activities aimed at the development of new products.


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