Tuesday, 13 October 2020

Melamine Market Emerging Trends, Strong Application Scope, Analysis & Forecast to 2030

 The global Melamine market size is expected to reach USD 2,578.4 million by 2030 according to a new study by Polaris Market Research. The report “Melamine Market Share, Size, Trends, Industry Analysis Report by Type (Melamine Resin, Melamine Foam); By Application (Laminates, Wood Adhesives, Molding Compounds, Paints & Coatings); By End-Use (Construction, Automotive, Chemical, Textiles), By Regions, Segments & Forecast, 2020 – 2030” gives a detailed insight into current market dynamics and provides analysis on future market growth.

 

Melamine resins provide inherent advantages such as high temperature stability thus allowing products to limit physical and chemical degradation even at extreme temperature flexibility, high bonding behavior which results in the product having excellent moisture resistance as well as chemical resistance thus resulting in high overall hardness, among others. Due to the high nitrogen content in the product, it exhibits flame retardant properties as well. All these properties have resulted in the broadening of the application portfolio of the product thus resulting in the overall market demand.

 

Melamine can be defined as a valuable and the most sophisticated part of the overall nitrogen value chain. The product is usually processed as a resin and is used to manufacture items and goods that are used on a daily basis. The product consists of hydrogen, nitrogen, and carbon and is obtained by the converting urea. The product finds wide applicability in the production of synthetic resins as well.

 

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Market participants are paying attention to activities such as chemical analyses, customer centric product trials, overall product development cycles, after sales service, process optimization as well as resin synthesis. This is done so as to cater to the ever-evolving customized requirements of melamine resin market customers. Asian countries such as Indonesia, Malaysia and India are witnessing substantial market growth in demand and such markets are being targeted by industry participants to increase their revenue generation.

The market till recently was dominated by Chinese suppliers. But environmental inspections in the years 2016 & 2017 led to the declining of Chinese production thus resulting in tightening of overall supply in the European region. The ongoing anti-dumping duties also curtailed Chinese supply thus resulting in good market opportunities for European suppliers as buyers across the globe turned towards them as an alternative supply source.

Market participants such as OCI N.V., BASF SE, Borealis AG, Sichuan Golden Elephant Chemical Co., Qatar Melamine Co, Allnex Belgium S.A., Chemiplastica SPA, Ineos Melamines., Haohua Junhua Group Co., Ltd., Cornerstone Chemical Company, and Nissan Chemical Industries. Ltd. are some of the key players operating in the market.

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 Polaris Market research has segmented the Melamine market report on the basis of type, application, end-use and region

Melamine Type Outlook (Volume – Kilotons; Revenue – USD Million, 2015 – 2030)

·         Melamine Resin

·         Melamine Foam

Melamine Application Outlook (Volume – Kilotons; Revenue – USD Million, 2015 – 2030)

·         Laminates

·         Wood Adhesives

·         Molding Compounds

·         Paints & Coatings

·         Others

Melamine End-Use Outlook (Volume – Kilotons; Revenue – USD Million, 2015 – 2030)

·         Construction

·         Automotive

·         Chemical

·         Textile

·         Others

Melamine Regional Outlook (Volume – Kilotons; Revenue – USD Million, 2015 – 2030)

 

·         North America (U.S., Canada)

·         Europe (France, Germany, UK, Italy, Hungary, Croatia, Austria)

·         Asia Pacific (Japan, China, India, Malaysia, Indonesia. Australia)

·         Central & South America (Brazil, Mexico, Argentina)

·         MEA (Saudi Arabia, UAE, Israel, South Africa)

·          

 

Monday, 12 October 2020

Myasthenia Gravis Disease Market Emerging Trends, Strong Application Scope, Analysis & Forecast to 2026

 The global Myasthenia Gravis Disease Market is anticipated to exceed USD 2,538.6 Million by 2026 according to a new research published by Polaris Market Research. In 2017, the diagnosis segment dominated the global market, in terms of revenue. Myasthenia gravis disease is characterized by rapid fatigue and weakness of any muscles under person’s voluntary control. Though myasthenia gravis can affect people of any age, it’s more common in women younger than 40 and in men older than 60. In General, myasthenia gravis disease is caused by a breakdown in the normal communication between muscles and nerves. There is no accurate cure for MG disease, however, appropriate and early treatment can help to control symptoms, such as double vision, difficulties with speech, chewing, swallowing and breathing, weakness of arm or leg muscles, and drooping of eyelids.

 

The global Myasthenia Gravis Disease market is majorly driven by the need to prevent declining quality of life owing to myasthenia gravis disease. Moreover, growing R&D initiatives for novel therapies are another factor boosting the market growth. In addition, key players are also involved in innovative research to launch the affordable therapeutics for such disease. However, the unfamiliarity with early symptoms as well as signs and high cost associated with the treatment are factors hampering the market growth.

 

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The global Myasthenia Gravis Disease Market is segmented on the basis of diagnosis, treatment, end-user, and region. On the basis of diagnosis, the market is categorized into Imaging, Blood Tests, Electrodiagnostic, and Edrophonium Test. The imaging segment is further bifurcated into X-ray, Computed Tomography (CT), Magnetic Resonance Imaging (MRI), and others. On the basis of treatment, the market is segmented into Medication, Surgery, and HSCT. The end-user is further segmented in to Hospitals, Clinics, and Academic Research Institutes.

 

Geographically, North America accounted for the largest share in the global Myasthenia Gravis Disease Market in 2017. The major factors accounted for the high market growth includes high occurrence of disease such in North America. Moreover, Asia Pacific is estimated to generate the lucrative market growth during the forecast period. Growing initiatives by government and private organizations for generating novel control treatment are factors estimated to propel the myasthenia gravis disease market growth in Asia Pacific. In addition, increasing awareness about neuromuscular disorders and vast improvement are boosting the market growth in APAC.

 

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The leading companies profiled in the Myasthenia Gravis Disease Market report include Alexion Pharmaceutical Inc., Avadel Pharmaceuticals plc, CSL Behring, Grifols S.A., Baxter International Inc., Shire plc, Novartis AG, F. Hoffmann-La Roche AG, Takeda Pharmaceutical Company Limited, and Valeant Pharmaceuticals International 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.

 

Orthopedic Implants Market Emerging Trends, Strong Application Scope, Analysis & Forecast to 2026

Orthopedic implants market size is set to reach USD 6,894.2 million by 2026 growing at a CAGR of 5.1% during the forecast period according to a new study published by Polaris Market Research. The report ‘Orthopedic Implants Market Share, Size, Trends & Industry Analysis Report, By Application (Spinal, Hip, Knee, Dental, Craniomaxillofacial and S.E.T (Sports Medicine, Extremities, and Trauma)) and by Regions, Segment Forecast 2019-2026’ provides a detailed analysis of present market strengths and future market trends.

Market success of orthopedic Implants is entrenched in a rising geriatric population with an increasing life-span affected by musculoskeletal disorders such as osteoporosis, osteoarthritis and others. Technological innovations also have seen a steady rise in orthopedic medical implants market. Increasing number of joint replacement cases and sport injuries across the globe will catapult market to leading growth.    

 

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The center for health design has predicted elderly population to double in coming years. For instance; Japan and South Korea have a life expectancy of 83.7 years and 82.3 years respectively. Surplus Government investments in medical industry and supportive Government opinions in use of implants have directed massive growth for market in coming years.

Increasing investments by Government in healthcare and in doting company with a well-developed healthcare infrastructure add momentum to market in North America and Canada. Asia Pacific     offers key players operating in market a thriving opportunity due to a high population base, high awareness regarding orthopedic implants, surge in healthcare infrastructure and rise in geriatric population. The key players operating in the orthopedics Implants market include Johnson and Johnson, Zimmer Biomet Holdings, Inc., Stryker Corporation and Medtronic PLC among others.

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Segmentation of Orthopedic Implants Market is as follows

Orthopedic Implant Application Type Outlook (Revenue USD Millions 2015-2026)

·         Spinal

·         Hip

·         Knee

·         Craniomaxillofacial

·         Dental Orthopedic

·         E.T (Sports Medicine, Extremities, Trauma) Orthopedic

Orthopedic Implants Regional Outlook (Revenue USD Millions 2015-2026)

·         North America (U.S., Canada)

·         Europe (Germany, UK, France, Italy, Spain)

·         Asia-Pacific (China, Japan, India)

·         Latin America (Brazil, Mexico)

·         Middle East and Africa

·          

Cryotherapy Market Emerging Trends, Strong Application Scope, Analysis & Forecast to 2026

The global cryotherapy market size is set to achieve 6.72 billion by 2026 at a CAGR of 9.8% according to a new study published by Polaris Market Research. The report Cryotherapy Market Size, Share, Trends, Industry Analysis Report By Device Type (Cryoguns, Cryoprobes, Gas Cylinders, Cryochambers, Gas Pressure Gauges, Thermocouple devices); By Therapy Type (Cryosurgery, Icepack Therapy, Chamber Therapy); By Application Type and By Regions – Segment Forecast 2020-2026 provides an in-depth analysis of present and future market trends.

 

Cryotherapy is known in medical science as an application of low temperature for treating malignant tissues and malignant tissue damage called lesions. Cryotherapy finds common applications in treating muscle pain, sprains, swelling, soft tissue damage and postoperative swelling.

 

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The key factors driving cryotherapy market include high prevalence of cancer, increasing demand for minimally invasive procedures, technological prowess in cryotherapy equipment and growing popularity in fitness, wellness and beauty industries. Uncertainty over traditional methods still exist because use of argon gas and crypto probes are not definitive standards and have to seek approval by the regulatory body. Safety and effectiveness have a long way to go. Hence lack of clinical evidences is limiting factors to growth of cryotherapy units market.

 

High-risk cryogenic gases and strict regulatory approvals for the gases could be defining restraints for the market. On the other hand, success factors for cryosurgery are that it scores over traditional surgery, marked by few complications, negligible scars, less pain and shorter hospitals stay. These factors will bolster market.

 

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The key players in Cryotherapy market include CryoConcepts LP, Medtronic plc, Brymill Cryogenci Systems, Cortex Technoologies, Cooper Surgical, Inc., and Zimmer Medizin Systems.

Polaris Market Research has segmented the global cryotherapy market on the basis of product type, application, therapy, end-user and region:

Cryotherapy Product Type Outlook (Revenue USD Million 2015-2026)

·         Cryogun

·         Cryoprobes

·         Gas Cylinders

·         Gas Pressure Gauges

·         Thermocouple Devices

Cryotherapy Application Outlook (Revenue USD Million 2025-2026)

·         Oncology

·         Cardiology

·         Dermatology

·         Pain Management

·         Gynecology

Cryotherapy Therapy Type Outlook (Revenue USD Million 2015-2026)

·         Cryosurgery

·         Icepack therapy

·         Cryo chamber therapy

Cryotherapy Regional Outlook (Revenue USD Million 2015-2026)

·         North America (U.S., Canada)

·         Europe (Germany, UK, France, Italy, Spain)

·         Asia-Pacific (China, Japan, India)

·         Latin America (Brazil, Mexico)

·         Middle East and Africa

 

Synthetic Rubber Market Growth Rate, Demands, Status and Application Forecast to 2026

The global synthetic rubber market size is estimated to reach USD 46.7 billion by 2026 according to a new report by Polaris Market Research. The report “Synthetic Rubber Market Share, Size, Trends, Industry Analysis Report By Product Type (SBR, EPDM, IR, PBR, & Others), By Application (Tire & Tire Components, Non-Tire Automobile Applications, Footwear, Industrial Goods, & Others), By Regions, Segments & Forecast, 2019 – 2026” provides contemporary market insights and taps future growth trends.

 

Synthetic Rubber is the most efficient product of the industry with natural rubber not as elevated as synthetic rubber in market size. Natural rubber needs chemical enhancements for delivering high-performance. Synthetic type is wanted in most automobile applications which are the causes behind effective growth. The largest market for synthetic type lies in the replacement of motor vehicle tires. Furthermore, a rising trend in global manufacturing activity in the last five years has boosted non-tire applications also

 

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The demand for the product is cyclic in nature. The demand for rubber    products varies with global prices and trends in end-use industry. The product also moves forward by focused R&D efforts that gains industry insight based on economic feasibility via end-use sectors.

 

Asia Pacific leads growth in synthetic rubber market with China as the major producer globally. The market in South America and Eastern Europe are also anticipated to script enormous growth figures in 

 

The key players include Sinopec, LANXESS, China National Petroleum Corporation (CNPC), Kumho Petroleum, Sibur, JSR Corporation, Eastman Chemical Corporation, Asahi Kasei Chemical Corporation and Ashland, Inc.

 

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Polaris Market research has segmented the synthetic rubber market report on the basis of product, application and region. 

 

Synthetic Rubber Product Outlook (Revenue USD Billions 2015 – 2026)

·         SBR

·         EPDM

·         IR

·         PBR

·         Others

Synthetic Rubber Application Outlook (Revenue USD Billions 2015 – 2026)

·         Tire and Tire Components

·         Non-Tire Automobile Applications

·         Footwear

·         Industrial Goods

·         Others

Synthetic Rubber Regional Outlook (Revenue USD Billions 2015 – 2026)

  • North America (U.S., Canada)
  • Europe (Germany, UK, France, Italy, Spain)
  • Asia-Pacific (China, Japan, India)
  • Latin America (Brazil, Mexico)
  • Middle East and Africa

 

 

Malaria Vaccines Market Emerging Trends, Strong Application Scope, Analysis & Forecast to 2026

The global malaria vaccines market is expected to reach USD 134.9 million by 2026 growing at a CAGR of 33.2% during the forecast period according to a new study published by Polaris Market Research. The report ‘Malaria Vaccines Market Size Report By Agent (Plasmodium Falciparum, Plasmodium Vivax, Anopheles Species); By Vaccines Type (Pre-Erythrocytic Vaccine, Erythrocytic Vaccine, Multi-antigen Vaccine); By Channel of Distribution (Hospitals, Clinics, Community Centers); By Regions: Segment Forecast, 2019 – 2026’ provides an extensive analysis of present market dynamics and predicted future trends.

 

According to the World Malaria Report published by WHO in November 2018, the cases for malaria were 219 million in 2017 in more than 90 countries which were up from 217 million cases in 2017. The total deaths due to malaria in 2017 were 435,000 which were registered in the malaria affected regions.

 

The market for malaria vaccines globally has been divided based on vaccine type, agent, channel of distribution and region. Considering the vaccine type, the market is bifurcated into pre-erythrocytic vaccine, erythrocytic vaccine, and multi-antigen vaccine. The channel of distribution used for malaria vaccines include the hospitals, clinics and community centers. Considering the agent used in the malaria vaccines, the global market is divided into plasmodium falciparum, anopheles species, and plasmodium vivax. Geographically, as per the WHO report, nearly half of the world’s population was at risk in 2017, wherein the African region was the most affected one. Along with Africa, Asia Pacific region is also expected to grow at a considerable rate among all the other regions with Middle-east and Latin America likely to be the other potential regions for malaria vaccines market. North America and Europe have lower cases of malaria related diseases with regions such as Africa monitoring some of the highest deaths of children related to malaria globally.

 

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Some of the major factors pushing the market include the expanding occurrences of malaria in addition to the existence of numerous companies that are introducing low profit margin vaccines throughout the world. Increasing awareness associated to the aftereffects of the disease, continuous R&D in this section and increased funding from the government of the developing and developed countries together is pushing the market for malaria vaccines globally. Weak supply chain and distribution network among some of the developing countries which are affected by malaria are creating restraints for the market growth in these regions, however companies and government organizations are working together to overcome this challenge. It is anticipated that the continuous R&D for malaria vaccines and the continuous growth of this disease will help the market to grow in the coming years.

 

A few key strategies adopted by companies operating in the malaria vaccines market are new technology and product development, and geographical expansion among the developing regions to focus on proving vaccines to the areas highly affected by the disease at lower cost. The leading players operating in the market globally are GlaxoSmithKline, GenVec, Inc., Nobelpharma, and Sanaria. Some other promising vendors are Cadila Healthcare Ltd., CellFree Sciences Co. Ltd., VLP Therapeutics LLC, and Genome ReS Ltd. among others.

 

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Polaris Market Research has segmented the global malaria vaccines market on the basis of source type, application and region:

Malaria Vaccines Agent Type Outlook (Revenue, USD Million, 2015 – 2026)

·         Plasmodium Falciparum

·         Plasmodium Vivax

·         Anopheles Species

Malaria Vaccines Vaccine Type Outlook (Revenue, USD Million, 2015 – 2026)

·         Pre-Erythrocytic Vaccine

·         Erythrocytic Vaccine

·         Multi-antigen Vaccine

Malaria Vaccines Distribution Channel Type Outlook (Revenue, USD Million, 2015 – 2026)

·         Hospitals

·         Clinics

·         Community Centers

Malaria Vaccines Regional Outlook (Revenue, USD Million, 2015 – 2026)

·         North America (U.S., Canada)

·         Europe (Germany, UK, France, Italy, Spain)

·         Asia-Pacific (China, Japan, India)

·         Latin America (Brazil, Mexico)

·         Middle East and Africa

Friday, 9 October 2020

IBM Watson Services Market Emerging Trends, Strong Application Scope, Analysis & Forecast to 2027

 The global IBM Watson services market size is expected to reach USD 16.5 billion by 2027 according to a new study by Polaris Market Research. The report “IBM Watson Services Market Share, Size, Trends, Industry Analysis Report, By Service Type (Watson Language, Watson Data Insights, Watson Speech, and Watson Vision Services); By End Use (Healthcare, BFSI, Retail, Discrete & Process Manufacturing, Telecom, Media & Entertainment, Transportation & Logistics, Government, Travel & Tourism, Education, and Others); By Regions; Segment Forecast, 2020 –2027” gives a detailed insight into current market dynamics and provides analysis on future market growth.

 

The IBM Watson is a disruptive technology which ensures higher efficiency and agility for the enterprises. IBM has been capitalizing on its Watson services to tap potential opportunities in key areas such as internet of things (IoT), security, analytics, and healthcare. IBM Watson services power advertisements for aiding them in generating authentic content, which includes food ingredient-based customized recipe by assessing taste trends of consumers worldwide.

 

The technology across the world is changing at a rapid pace, with the advent of machine learning and artificial intelligence to take quicker informed decisions by key stakeholders in the industry. Uptake of artificial intelligence and cognitive computing has seen a multitude of interest and venture capital investment, creating a positive narrative of being a next big thing in the future. With the use of natural language processing (NLP), data mining, and advanced text analytics, cognitive systems have been assisting doctors in diagnosing diseases and making faster decisions. They are also optimizing patient selection for clinical trials with intelligence matching.

 

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On an average, an individual utilizes more than 1,100 terabytes of data during a lifetime, around 0.4 being used to keep health-related records in the form of electronic and medical health records, lab results, pathology reports, radiology reports, voice recordings, and insurance claims. Besides, the revolution in the field of medical devices, healthcare facilities, and new types of drugs, the importance of data generated from the patients have been drawing the attention of the related authorities and personnel. However, most of these data are unstructured and fragmented and can create mess when piled up in large volumes.

 

Approximately 20 per cent of patient accounted for more than 80 per cent of the total healthcare costs. After artificial intelligence and cognitive computing has come into play, the experience of this cross section of patients seems to have changed largely. As of now, IBM’s Watson Care Manager has been managing around 147,000 patients’ care plans worldwide.

 

Media and entertainment industry has also been influenced by IBM Watson. With the use of IBM Watson in Wimbledon 2017, best shots of the tournament were highlighted by the video editors in very less time, which were unarguably the best shots. Had it been done by the editors manually, it would have taken a great time.

 

Market participants such as IBM Corporation, DXC technology Limited, Tata Consultancy Services, Capgemini SE, Wipro Limited, KPMG International, Accenture Plc, Deloitte Touche Tohmatsu Ltd., Tech Mahindra limited, Infosys Limited, HCL Limited, Datamato Technologies Private Ltd., and Mainline Information Systems, Inc. are some of the key players operating in the IBM Watson services market.

 

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