Tuesday, 19 May 2020

Structural Steel Market Global COVID-19 Impact Analysis, Industry Trends, Growth and Future Scope

Polaris Market Research recently introduced new title on “Global Structural Steel Market Report 2020” from its database. The report provides study with in-depth overview, describing about the Product / Industry Scope and elaborates market outlook and status to 2026. The Report gives you competition analysis of top manufacturer with sales volume, price, revenue (Million / billion USD) and market share.

The global structural steel market size is estimated to reach USD 141.49 billion by 2026 growing at a CAGR of 5.6% during the forecast period, according to a new study published by Polaris Market Research.

Structural steel market is primarily driven by increased utilization in heavy-material industries.  Increasing R&D operations in structural steel production to improve corrosion resistance, strength, and durability is likely to have a positive impact on the global structural steel industry.  Rapidly growing demand from end-use industries such as is also expected to boost the market growth over the forecast period.


Structural steels have extensive application in transmission line towers, construction, and manufacturing sheds. Increasing awareness among consumer about flexibility and fabrication in construction materials is anticipated to increase structural steel market size over the forecast period. Increasing use of product in construction of residential and non-residential structures especially in the developing countries are major driving factors for the market. 

Transmission tower is among one of the most significant applications that consumes large quantity of different type of structural steel. Global target by different regional governments to achieve maximum electrification, specifically in the underdeveloped areas has further strengthened the transmission tower market. This in turn has led to increased utilization of structural steel for manufacturing different types of transmission towers.           

Rising environmental impacts are encouraging governments, manufacturers and consumers to use environmentally sustainable products, which is further expected to escalate demand for structural steel. Major manufacturers are developing technically advanced steel products which can help in waste reduction and can be suitably recycled. Buildings made by these products do not include mandates such as treatments for preventing insect infestation, mold, and decay, which is anticipated to strengthen the market growth.


Building & construction is among the most lucrative application segment for structural steels. Growing number of supportive initiatives by the governments across the regions to provide subsidies and funds to make housing affordable, especially for the lower- & middle-income factories has resulted in increased consumption of structural steel in residential construction.

Asia Pacific is the dominant regional segment for structural steel with rapid demand coming from China, India and Southeast Asian countries such as Indonesia, Vietnam, and Thailand. Demand in these countries is boosted by extensive infrastructural investments. North America and Europe have also witnessed moderate growth rates in the market.

The global market if highly competitive and moderately fragmented. Mergers & acquisitions and joint ventures are some of the key strategies undertaken by the major market players in the industry. Some of the key structural steel market players includes Arcelor Mittal S.A., Hebei Group, Baosteel Group Co., Nippon Steel & Sumitomo Metal Corporation, POSCO, Tata Limited, Wuhan Group, and Bohai Group.

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Graphite Market to Surge at a Robust Pace in Terms of Revenue Over 2026

Polaris Market Research recently introduced new title on “Global Graphite Market Report 2020” from its database. The report provides study with in-depth overview, describing about the Product / Industry Scope and elaborates market outlook and status to 2026. The Report gives you competition analysis of top manufacturer with sales volume, price, revenue (Million / billion USD) and market share.

The global graphite market size is anticipated to reach $28.33 billion by 2026, growing at a CAGR of 4.9% during the forecast period, according to a report published by Polaris Market Research.  The report ‘Graphite Market Size By Product Type (Natural Graphite and Synthetic Graphite), By Application (Foundry, Refractory, Battery, Lubricant and Others), By Regions & Segments Forecast, 2018 – 2026’ provides an extensive analysis of present market dynamics and predicted future trends.


Tremendously increasing demand for aluminium steel, and other metals from a large array of end-use industries has primarily driven the market demand. Synthetic graphite is a major contributing product to the market growth as it is immensely essential for the manufacturing of steel by making use of processes such as electric arc furnace. Also, metallurgy applications largely make use of graphite electrodes. In addition to this, growing number of technologically developed outlets around the globe that vary from graphene to fuel cells is also anticipated to enhance the sales revenue of the product.

Carbon fibre which is a graphite product-type has witnessed tremendously high growth for the past five consecutive years on account of its crucial requirement and thus growing demand from numerous end-use industries such as aerospace, automotive, wind turbine and few others. High strength and light-weight properties of carbon fibre are the crucial characteristics for its rapidly growing demand over any other substitute.

Advancements and exploitations of graphite has witnessed considerable increase in the recent path. This is observed on account of several developmental scenarios such as contained graphite, enterprise value, deposit reserve, and location feasibility & availability. Some other associated factors include improvisation of logistics segment, authenticity in product purity, off take agreements, flake size distribution, and technology development has strengthened the potential of cutting down production timeframe.

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Considerably growing product demand from several industrial uses is primarily attributed to the deposit of high-grade flake graphite coupled with the reduced stripping ratios. Also, amendments in the jurisdictions has resulted in ease of cross-country logistics, reduced manufacturing timeframe, and off-take contracts. Recent product demand is directly by numerous industrial applications such as lubricants, automotive, refractory, and batteries. As hi-tech battery anodes are mainly pushing product demand, refractories consumption for the steel industry has been a primary application segment for manufacturing and utilization of naturally occurring graphite, which is coupled with the worldwide steel production.

The report provides an extensive qualitative and quantitative analysis of the market trends and growth prospects of the Global Graphite Market, 2017-2026. This report comprises a detailed geographic distribution of the market across North America, Europe, APAC and South America, and MEA. North America is further segmented into U.S., Canada. Europe is divided into Germany, UK, Italy, and Rest of Europe. Asia-Pacific is bifurcated into China, India, Japan, and Rest of Asia-Pacific.

To gain more insights into the market with detailed table of content and figures, click here:  https://www.polarismarketresearch.com/industry-analysis/graphite-market/toc

Competitive Landscape and Key Vendors
Graphite includes a globally fragmented industry coupled with the numerous multinational market players. Asia Pacific region is also among the top consumers of graphite across the world Other significantly substantial consumers include the U.S., Japan, India, South Korea, Russia, and Germany. The product demand is scattered mainly in the developed counties, such as those in the Western Europe, the U.S., China, and Japan. China is estimated to be a dominating country for the natural graphite segent whereas production of synthetic graphite is likely to be distributed in both the developed and developing countries wherein each manufacturer plays a primary role in maintaining the global demand supply figures.

Some of the major market players for the industry include Tokai Carbon Co. Ltd., Toyo Tanso Co. Ltd., HEG Limited, Graftech International Ltd., Graphite India Limited, Mersen Group, Energizer Resources Inc., SGL Group, Triton Minerals Ltd Mason Graphite, Inc., Focus Graphite Inc., and Hexagon Resources Limited.


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Robotic Process Automation Market Development Factors, Latest Opportunities and Forecast 2026

Polaris Market Research recently introduced new title on “Global I Robotic Process Automation (RPA) Market Report 2020” from its database. The report provides study with in-depth overview, describing about the Product / Industry Scope and elaborates market outlook and status to 2026. The Report gives you competition analysis of top manufacturer with sales volume, price, revenue (Million / billion USD) and market share.

The robotic process automation (RPA) market size is anticipated to reach USD 8,781.2 million by 2026 growing at a CAGR of 29.5%. Requirement of businesses to eliminate human errors due to manual interference in processes along with reduction in time consumption are factors responsible for positively influencing the adoption rate of RPA technology.


Previously artificial intelligence and robotic process automation were largely considered to be different technologies. But, with advancements in the offerings it is observed these technologies are complimenting each other in terms of handling processes. It enables organizations in processing huge volumes of data and in providing support for better decision making. Cognitive computing which covers wide array of areas including adaptive learning, speech recognition, and pattern identification is integrated in robotic process automation (RPA) solutions to transform and automate crucial business processes of organizations across multiple industry verticals.

The potential of achieving robust ROI from deployment of RPA completely dependent on the organizational requirements and business processes which are to be automated. In the near future, the market is expected to witness growing base of RPA vendors as they target to gain revenue share from this expanding market. This is expected through introduction of solutions which will cater to the rising need to automate business process management processes. Furthermore, the adoption is expected to intensify as the prices of RPA deployment are continually witnessing a declining trend. Moreover, this technology adoption provides organizations the capability to accomplish better outcomes from their process with benefits including reduction in costs, improved accuracy, and better compliance.

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However, factors like reluctance in the transition phase from conventional business process to automation along with shortage in technical expertise required during deployment and integration of RPA solution are challenges which might affect the growth in this market. roThis market report includes insights with market size and forecast by process, by operation, by type, by industry, and by organization size. Analysis for each region (North America, Europe, Asia Pacific, Latin America, Middle East & Africa) is provided for all segmentation of the robotic process automation market research report.

North America is expected to be largest regional market while Asia Pacific regional market is expected to witness significant growth during the forecast period of 2018 to 2026. The region’s leading position is attributed to significant demand and preference of the BFSI industry vertical towards automation of business processes. Furthermore, presence of established and major players in North America region and availability of infrastructure for effective adoption of RPA is another factor responsible for the boost in adoption of robotic process automation solutions.

To gain more insights into the market with detailed table of content and figures, click here : https://www.polarismarketresearch.com/industry-analysis/robotic-process-automation-market/toc
  
European region is expected to witness growth in this market as the region has a presence of significant amount of companies in the manufacturing and logistics sector. Adoption of RPA technology provides the capability to streamline pickup and drop operations. This eventually leads to reduction in cycle time ultimately resulting in enhanced customer experience.

The major key players operating in the robotic process automation (RPA) market include Blue Prism Group Plc (UK), Celaton Ltd. (UK), Softomotive (UK), Kofax Ltd. (U.S.), Xerox Corporation (U.S.), Automation Anywhere Inc. (U.S.), Ipsoft, Inc. (U.S.), UiPath (U.S.), Verint Systems Inc. (U.S.), Pegasystems Inc. (U.S.), Redwood Software (Netherlands), Daythree Business Services sdn bhd (Malaysia), and Kryon Systems (Israel).

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Identity & Access Management Market Growth By Manufacturers, Regions, Type And Application, Industry Analysis And Forecast Till 2026

Polaris Market Research recently introduced new title on “Global Identity & Access Management (IAM) Market Report 2020” from its database. The report provides study with in-depth overview, describing about the Product / Industry Scope and elaborates market outlook and status to 2026. The Report gives you competition analysis of top manufacturer with sales volume, price, revenue (Million / billion USD) and market share.

According to a new study published by Polaris Market Research the global identity & access management (IAM) market is anticipated to reach USD 25.15 billion by 2026. The increasing adoption of connected devices, Bring Your Own Device (BYOD), Internet of Things (IoT) and audit management combined with cost control are the prime components boosting the market growth. Also, the growth in online applications and risk management compliance mandates are anticipated to impel the identity & access management market and thus it is projected to gain traction over the forecast period.


The implementation of identity & access management systems has grown considerably in the last few years, inferable from the developing usage at enterprise level for unified checking and stringent government regulations to secure client information. The increase in occurrences of cyberattacks and rise in adoption of IoT (Internet of Things) are projected to drive the market. The absence of predefined set of rules and mandates in certain industries and concerns about cloud-based security is hampering the market development to a certain extent. Owing to the developing market for electronic security frameworks and various functionalities provided by IAM systems, the worldwide market is expected to grow at a high pace.

Identity access management market is projected to witness noteworthy development inferable from increasing interest throughout different application segments. Cloud and hybrid deployments are expected to gain adoption in the business due to improved security with decreased error rates. Growth in client interaction through physical, online networking, mobile, and different channels for monetary services has given way to enormous development to the IAM solution providers in the BFSI segment. Besides, the oil & gas and energy vertical is anticipated to develop at a significant growth rate amid the forecast years, attributable to innovative technology, for example, robotized framework and distributed computing among others.


Key Findings from the study suggest that the application of IAM solutions in government segment represented a significant share of revenue in 2017 and is foreseen to show huge development throughout the forecast years. Prominent trends in the industry such as financial development, technological change and statistical developments should be equipped with dynamic framework, thus in turn driving interest for IAM systems. Numerous government organizations, for example, transportation and public utilities are executing strong security measures which are evaluated to drive market growth globally. 

The market for IAM in North American dominated the global market in 2017, and is projected to represent more than 30% of the overall share by 2026. Many offices in the North American region provide their employees with an equipment based individual recognizable proof confirmation card for gaining access to restricted areas. This has pushed the adoption of IAM in this region. Cloud IAM market is anticipated to witness strong demand over the forecast years, increasing at a high growth rate. Cloud deployments provide cost advantage and are anticipated to change the traditional IT security scenario.

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eClinical solutions Market Trends, Drivers, Strategies, Segmentation Application with Top Key Players

Polaris Market Research recently introduced new title on “Global eClinical solutions Market Report 2020” from its database. The report provides study with in-depth overview, describing about the Product / Industry Scope and elaborates market outlook and status to 2026. The Report gives you competition analysis of top manufacturer with sales volume, price, revenue (Million / billion USD) and market share.

the global eClinical solutions market is anticipated to reach over USD 12,985 million by 2026. According to a new study published by Polaris Market Research, In 2017, the CTMS segment dominated the global market, in terms of revenue. In 2017, North America accounted for the majority share in the global eClinical solutions market.


The key players profiled in the report are Oracle Corporation, Parexel International Corporation, Medidata Solution, Inc., DataTrak International, Inc., CRF Health, OmniComm Systems, BioClinica Inc., eResearch Technology, eClinical Solutions, Inc., and PHT Corporation. The prominent players operating in the industry have adopted various strategies such as mergers and acquisition, product innovation and expansion, and R&D of innovative products.

Government organizations across the globe have implemented stringent guidelines to obtain error-free authentic clinical data due to the burgeoning number of clinical data research. EClinical data software facilitates processing of real-time data entries. Moreover, the need to process massive amount of data in the least possible time increases the adoption of these solutions.

The governments of various countries across the globe have sanctioned funds to promote clinical research of novels drugs. Increase in incidence of diseases across the globe has enforced government agencies to expedite the process of drug approval. The adoption of clinical data management systems has increased in the recent years to process the queueing molecules in the development phase of clinical research.


Technological advancements in eClinical software such as use of cloud computing to secure the data and improve accessibility across remote locations are expected to boost the market growth. Cloud based solution software dominated the global market in 2017, owing to the ease of delivery and convenience of upgrading to advanced versions. This segment has been gaining traction in the recent years, and is expected to grow at the fastest rate during the forecast period.

Several pharmaceutical organizations have deployed eClinical solution software to comply with the norms of the regulatory bodies for processing clinical data without errors and without any scope for manipulation. According to the ALCOA standard, the use of electronic clinical outcome assessments (eCOA) is essential in clinical trials, as these use smartphones, tablets, and personal computers to allow patients, clinicians, and their caregivers to directly report outcomes, which ensure highly productive data for better understanding of patient experience and faster approval process.
Among end users, the CROs segment is expected to grow at the fastest rate due to the ongoing trend of outsourcing clinical research operations to these third party organizations to save time and cost. As most of the drugs that have cleared Phase III clinical trials can be marketed under FDA norms with proper recommendations and guidelines through a new drug application (NDA), a majority of the drugs across the globe are in this phase of clinical research. Hence, most of the clinical data management systems were used for conducting phase III clinical trials.


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Polyvinyl Chloride Market size, Regulations and Competitive Landscape Outlook to 2020-2026

Polaris Market Research recently introduced new title on “Global Polyvinyl Chloride Market Report 2020” from its database. The report provides study with in-depth overview, describing about the Product / Industry Scope and elaborates market outlook and status to 2026. The Report gives you competition analysis of top manufacturer with sales volume, price, revenue (Million / billion USD) and market share.

The global polyvinyl chloride (PVC) market size is estimated to reach USD 108.12 billion by 2026, growing at a CAGR of 7.2% during the forecast period, according to a new study published by Polaris Market Research. The report “Polyvinyl Chloride (PVC) Market Share, Size, Trends & Industry Analysis Report [By Grade (Rigid PVC, Flexible PVC, and Others); By Application (Pipes & Fittings, Films & Sheets, Wire & Cables, Bottles, and Others); By End-Use (Building & Construction, Automotive, Electrical & Electronics, Packaging, Footwear, Healthcare), By Regions] Segments & Forecast, 2019 – 2026” provides a comprehensive analysis of present market insights and future market trends.

Polyvinyl Chloride is a vinyl chain polymer and retains its position among top three polymers, coming as it does after polyethylene and polypropylene as the largest produced synthetic commodity chemical. The global PVC market is mainly driven by its high demand in some of the high profile industries that includes electrical and electronics, building and construction, automotive, and packaging.


Polyvinylchloride has an amorphous structure with polar chlorine atoms and possesses fire retardant properties and oil/chemical resistance. PVC is identified with further properties such as being light-weight, having good mechanical strength, abrasion resistance and toughness associated with it. 

Polyvinyl chloride is presented in two grade types. The two grades belong to rigid and flexible and have diverse applications globally. The rigid polyvinyl application includes door and window frames, pipes, bottles and credit cards and other non-food packaging. Wires, cables, sheets, films, profile, pipes, fittings and sliding are applications that belong to flexible polyvinyl chloride.

An ever-increasing population in company with rising disposable incomes has led to proliferation of many end-user industries that raise the bar in consumption areas for polyvinyl chloride. A spurt in consumer electronics products unilaterally increases the demand for polyvinyl chloride in electronics industry. Light-weight and advanced automotive products have led to the steadfast growth of polyvinyl chloride.


Drivers to robust growth of polyvinyl chloride include jubilant building and construction sector, high demand for automotive components with a large market share in automobile industry and rising medical devices. Restraints for PVC Market include growing competition from steel and construction pipes and drawbacks in prohibition of PVC in construction of green building.

Technological in-roads are playing a decisive role in the thriving growth of PVC Industry. Modified PVC, PVC- M and PVC-O have come about because of technical prowess in PVC and are used across a wide application area. Controlling harmful emissions are yet another aspect of technical developments in PVC product. The reduction is equivalent to 99.45% reduction in lead additives and 90% in harmony with PVC Industry energy and Greenhouse Gas Emissions Charter.

Asia Pacific is the most prolific regional market for polyvinyl chloride and the regional demand rises from China, India, Vietnam and Indonesia and Thailand. China is the world’s largest importer of polyvinyl chloride and has a huge product base of polyvinyl chloride with massive investments thrown in.


U.S. and Europe are two exceedingly well-established markets for polyvinyl chloride. The United States is the largest exporter of PVC with offshore market presence coupled with economical shipping globally. Western Europe and U.S. are two global leaders with almost identical market size.

The key players in polyvinyl chloride include a spate of large multinationals and important regional players. The companies include China National Chemical Corporation, Formosa Plastics Corporation, Occidental Petroleum Corporation, Mexichem Sab de CV, Saudi Plastics Products Company Ltd., LG Chem, SABIC (Saudi Arabia Basic Industries Corporation) and Shin Etsu Chemical Co. Ltd.

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Protective Textile Market Global Demand, Industry Growth,In-depth Analysis and Opportunities till 2026

Polaris Market Research recently introduced new title on “Global Protective Textile Market Report 2020” from its database. The report provides study with in-depth overview, describing about the Product / Industry Scope and elaborates market outlook and status to 2026. The Report gives you competition analysis of top manufacturer with sales volume, price, revenue (Million / billion USD) and market share.

According to a new research published by Polaris Market Research the worldwide Protective Textiles Market is anticipated to reach around USD 8,802.2 million by 2026. In 2017, the manufacturing and construction segment dominated the global market, in terms of revenue. In 2017, Europe accounted for the majority share in the global Protective Textiles market.


The rapidly increasing need to provide safety at workplace majorly drives the growth of this market. Introduction of stringent Government regulations regarding workplace safety, and increasing demand of protective textiles from different industries support the market growth. Increasing investments in R&D, and initiatives taken by leading players in the market to launch innovative products to cater to the growing consumer demands further augment market growth. However, high costs of protective textiles limit the growth of the market. New emerging markets, technological advancements, and use of phase change materials would provide growth opportunities for protective textiles market in the coming years.

With international labor safety standards becoming more stringent, use of protective textiles has increased across various industries. Protective textiles are used in dangerous and unsafe work environments such as battlefields, mining sites, chemically hazardous areas, and healthcare centers among others. Protective textiles enable users to avoid risks and reduce the number of work accidents.


In 2017, Europe accounted for the highest share in the global protective textiles market. Introduction of stringent government regarding safety at workplace majorly drives the market growth in this region. Additionally, the increasing demand from the manufacturing and construction industries has accelerated the adoption of protective textiles in Europe. Asia-Pacific is expected to grow at the highest CAGR during the forecast period owing to growing industrialization and growth in manufacturing industries. Rising demand from healthcare, mining, and chemical industries would supplement market growth in the region. Leading global players are expanding their presence in developing nations of China, Japan, India, Indonesia, and Malaysia to tap the growth opportunities offered by these countries.

The various end-users of protective textiles include defense, manufacturing and construction, mining, oil and gas, space exploration, healthcare, emergency services, and others. The manufacturing and construction segment is expected to lead the market during the forecast period owing to high-risk working environments and stringent government regulation regarding workplace safety.

The well-known companies profiled in the report include Ansell Limited, 3M Company, Honeywell International Inc., Teijin Limited, E. I. Dupont De Nemours and Company, Milliken & Company, W. L. Gore & Associates, Inc., DyStar Group, ARGAR S.r.l, Marina Textil S.L., Royal Tencate NV, and Kimberly Clark Corp 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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About Polaris Market Research
Polaris Market Research is a global market research and consulting company. The company specializes in providing exceptional market intelligence and in-depth business research services for our clientele spread across different enterprises. We at Polaris are obliged to serve our diverse customer base present across the industries of healthcare, technology, semi-conductors and chemicals among various other industries present around the world

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Biotechnology Market Size, Segments, Regional Outlook, Development Status, Key Players and Forecast to 2026

Polaris Market Research recently introduced new title on “Global Biotechnology Market Report 2020” from its database. The report provides study with in-depth overview, describing about the Product / Industry Scope and elaborates market outlook and status to 2026. The Report gives you competition analysis of top manufacturer with sales volume, price, revenue (Million / billion USD) and market share.

The global biotechnology market is estimated to reach USD 727.12 billion by 2026 growing at a CAGR of 6.84% during the forecast period, according to a new study published by Polaris Market Research. 

Growing hepatitis B disease, increasing interest of horticultural items such as sugarcane, rice, beans, and wheat due from the increasing populations in economies such as U.S., China and India are expected to push the overall biotechnology market. The growth of this market is further propelled by elements such as deficiency of water, low yield of items, insect attacks, and constrained availability of agrarian land, which is promoting the companies to invest and conduct R&D activities at a broader scale. Another factor which is helping the market growth includes regenerative medicines. Existence of a huge section of businesses concentrating on the advancement of regenerative treatments is anticipated to push the market development through to 2026. Technological developments in the areas of artificial intelligence in this market is estimated to sustain progress with possible opportunities. The companies are engaged in using artificial intelligence in order to understand cancer cases, while working on the medical trials.


Some of the major players operating in this market include Abbott Laboratories, Agilent Technologies, Amgen, BioGen Medical Instruments, Bio-Rad Laboratories, Danaher, F. Hoffmann-La Roche, Illumina, Merck, PerkinElmer, Qiagen, Thermo Fisher Scientific, Gilead, Celgene, Novo Nordisk A/S, Novartis AG, Sanofi Aventis, and Lonza.

Encouraging government policies associated with biological advancements is also propelling the growth in this market. Established economies such as United States and UK and growing economies such as China and India are investing in the biotechnology R&D initiatives. Governments are associating with private companies for expanding their research into this domain.
  
Owing to technological improvements and prevalent applications of biotechnology in healthcare is helping the market to gain a strong growth during the forecast period. Companies are constantly introducing brand-new biotechnological medicines and vaccines to deal with diagnosis and biopharmaceutical development within the healthcare sector, is approximated to push the market further towards its growth. Bioinformatics is anticipated to witness the fastest growth in the coming years. Developments in data combination tools through cloud computing platform facilitate analysis and assistance to process enormous next-generation sequencing information. These advancements are approximated to greatly boost adoption of bioinformatics tools in numerous life sciences applications in the near future. Application of nanotechnology-based products is anticipated to improve development in this sector. Reducing costs and increase in number of services related to biotechnology are expected to drive the market with profitable avenues.


North American pharma and biotech organizations have experienced excellent success in last couple of years resulting in a larger market share. Universities and research institutes are also introducing various biotech-based programs which would help the market to gain its much-required traction. The Asia Pacific  market on the other hand is anticipated to grow at the most significant rate due to improving and growing healthcare infrastructure coupled with local companies in this region focusing on developing advanced medicines to cure chronic diseases such as cancer with the help of biotechnology. With strong government and federal assistance and recruitment of extremely trained researchers has made it possible for countries such as China and India to swiftly develop capacity for regenerative medication.


About Polaris Market Research
Polaris Market Research is a global market research and consulting company. The company specializes in providing exceptional market intelligence and in-depth business research services for our clientele spread across different enterprises. We at Polaris are obliged to serve our diverse customer base present across the industries of healthcare, technology, semi-conductors and chemicals among various other industries present around the world

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Monday, 18 May 2020

Liquid Biopsy Market Comprehensive Research Report, SWOT Analysis And Covid-19 Impact Analysis

The global liquid biopsy market size is slated to reach USD 3,362.6 million by 2026 at a CAGR of 21.9% according to a news report published by Polaris Market Research. The report Liquid Biopsy Market Share, Size, Trends, & Industry Analysis Report, [By Technology (PCR Microarrays, NGS); By Sample Type (Blood, Urine, Saliva, Other Body Fluid); By Biomarker (Exosomes, CTC, ctDNA); By Application; By Region] Segment Forecast, 2019-2026 provides a comprehensive analysis of present market insights and forecasted future trends.

Liquid Biopsy is a conventional method used to diagnose onset of cancer. The alternative names for liquid biopsy are fluid biopsy or fluid phase biopsy. This is largely a non-invasive method used to track tumors and mutations over a period of time. Doctors are informed about the disease with the help of these observations of the tumor’s future. Though being simple and instrumental in early stage detection of cancer, it voices concerns over its adoption.  Liquid Biopsy products market has a shortcoming which is it is largely overshadowed by tissue biopsy with the latter being adopted exceptionally.


Drivers to the market potential are the increasing number of patients being diagnosed with various types of cancer. The free trials accompanying surgery motivates growth. Minimal invasive surgery method unique to liquid biopsy market cap, invokes huge demand impacting market growth over forthcoming years.

A significant driver to growth of liquid biopsy is the reduced number of surgical invasions. This encouraging sign makes it one of the most adopted substitutes for tissue biopsy. An increasing trend followed by key players to shift focus onto research and development activities aiding strategic M&A improves market strength dramatically.

Considering the basis of technology, single gene analysis and multi-gene-parallel analysis (NGS) dominate the liquid biopsy cancer market size. NGS denotes diagnosis of multiple diseases at one instance. PCR is an approach to analyzing mutation among genes.


Yet another class of distinction in liquid biopsy market 2018 is based on sample type. The sample is segmented on basis of blood, saliva, urine and other body fluid. Blood sample is the best sample type for customary analyses as blood contains cell free DNA, circulating cell and exosomes that offer them for easy detection leading to detection of cancerous cells in human body.     
  
Based on biomarker type, the global market outlook to 2026 is segmented into exosomes, circulating tumor cells (CTC) and circulating tumor DNA (ctDNA). CTC biomarkers govern largest market share owing to high awareness levels and accurate tracking results of cancerous cells in the body. CTC marker makes early forays in the initial stages of detection of cancer itself. 

North America is holding coveted position as per geography in market cap during forecast period. Increased facilitators for diagnosis of cancer and rising number of patients suffering from cancer are factors promoting growth of market. Asia Pacific is exhibited to grow at a faster rate during forecast period.


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