Constrained Layer Damping Market Size, Analytical Overview, Growth Factors, Demand and Trends Forecast to 2026

The global Constrained Layer Damping (CLD) market is anticipated to reach USD 1,160 million by 2026 according to a new study published by Polaris Market Research.

 

Global constrained layer damping market is expected to grow significantly over the forecast period from 2018 to 2026 owing to numerous advancements that is driven by a strong growth in various application industries such as automotive, aerospace, defense and construction. Their ability to subdue noise and vibrations generating between the connection of metal or plastic parts is expected to boost the market for constrained layer damping during the forecast period from 2018 – 2026. Constrained layer damping are forms of shear-related energy dissipation systems accomplished by interlocking two or more physical materials using a relatively thin viscoelastic layer. Some of the benefits of using constrained layer dampening systems for dealing with damping of noise and vibrations are the capability to attain high loss factors with comparatively thin configurations and that the rigidity of the composite system is not evidently increased. The systematic technological development of constrained layer damping is expected to be witnessed throughout the forecast period from 2018 – 2026.

 

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The market for constrained layer damping is segmented on the basis of type into active and passive constrained layer damping. Passive constrained layer damping (PCLD) is a recognized technique to add damping to a system. PCLD is a facade damping treatment that consists of more than one viscoelastic layer and one or more non-actuated coerced layer. These PCLD systems are installed to the base layer, the layer that presents the unwanted resonance or vibration. However passive constrained layer damping systems has been replaced by active constrained layer damping (ACLD). This technology can be described as a failsafe, smart and efficient noise and vibration attenuation technology over a large frequency band. The market is also further segmented by viscoelastic material which includes butyl, vinyl, polyurethane and others. On the other hand, the constrained layer damping is additionally segmented into product type into aluminum, steel, non-metallic and others. The steel product type is expected to account for a lion share in the market owing to its application various industries. Steel along with composites have a superior damping capability to reduce structure-borne noise. Furthermore, on the basis of end-use industry the constrained layer damping market into automotive, aerospace, marine, electronics, construction and others. According to Polaris Market Research analysis, automotive end-use industry is expected to dominate the constrained layer damping market.

 

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The future prospect of constrained layer damping looks promising due to the factors such as rising vehicle production coupled with advancing technologies for attaining NVH levels in the automotive industry is expected to drive the market over the forecast period. Additionally, trends in the construction industry to isolate noise and vibrations from structure is expected to fuel the market.

 

Asia Pacific was the largest regional market in 2017 and it is expected to retain its position during the forecast period. The region is anticipated to account for the maximum share of the overall worldwide market in terms of constrained layer damping systems. China being the largest production hub of automotive vehicle around the world is the major reason for the region’s stellar performance as the automotive industry holds the prime market share in the constrained layer damping market. Additionally, countries such as Japan, South Korea and India is further adding up to the growth of the total market.

 

Some of leading industry participants include Trelleborg AB, Nitto Denko Corporation, Pyrotek Inc., Sika AG, American Acoustical Products, Megasorber Pty Ltd, Vibratec, Autoneum, Henkel Ltd., Flexcon Company, Inc, Rousch, Avery Dennison Corporation, Heathcote Industrial Plastics, Soundown Corporation, Vibracoustic Gmbh, Polymer Technology Inc., and 3M among others.

 

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Blood Glucose Monitoring Device Market Overview with Detailed Analysis, Competitive landscape Forecast to 2026

The Blood Glucose Monitoring Device market is anticipated to reach over USD 2.61 billion by 2026 according to a new research published by Polaris Market Research. In 2017, the orthopedic treatment dominated the global Blood Glucose Monitoring Device market, in terms of revenue. Asia-Pacific is expected to be the leading contributor to the global market revenue in 2017.

 

The increasing need for home care diagnosis and real time data by the end users to primarily drive the blood glucose monitoring device market during the forecast period. These devices have potential market due to the rising technology advancements in this industry during the forecast period. Moreover, the major supporting factor for this market growth is the number of populations suffering from diabetes. According to the World Health Organization (WHO), approximately there were direct deaths if 1.6 million in 2015, and this number is attributed to rise by 2030 making diabetes the 7^th leading cause of death globally.

 

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Furthermore, the changing life style of the people, and rising preference to the sedentary life style to also support the market growth in the coming years. However, lack of awareness, limited use of these devices, and no proper reimbursements regulation by the government would impede the market growth during the forecast period. 

 

North America generated the highest revenue in the Blood Glucose Monitoring Device market in 2017, and is expected to be the leading region globally during the forecast period. Increasing demand, rising patient awareness for proper self-diagnosis methods, which saves the time, money, and provides accurate real-time data about the patient health. Also, decreasing cost & time of treatment, and continuous research and development in the same field to also boost the market growth in coming years. While, Asia Pacific blood glucose monitoring device market  is supposed to the fastest growing market during forecast period.

 

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The key players operating in the Blood Glucose Monitoring Device market include Abbott Laboratories, Terumo Corporation, ARKRAY Inc., Medtronic Plc., Acon Laboratories Inc., Roche Diagnostics Ltd., Johnson & Johnson, Novo Nordisk A/S, Becton, Dickinson and Co., Sanofi, Bayer AG, Ypsomed AG. 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.

Blood Testing Market Information, Figures and Analytical Insights 2020– 2027

According to a new study published by Polaris Market Research the worldwide blood testing market is anticipated to reach USD 65,464.3 million by 2026. In 2017, the glucose testing segment dominated the global market, in terms of revenue, whereas geographically, North America accounted for the majority share in the global blood testing market.

 

Increasing dependency of doctors on blood-based diagnosis to ensure reliable and rapid treatment, along with rapidly growing geriatric population are the major factors which drives the blood testing device market. Moreover, surge in the demand for blood donations and organ donors, and increasing awareness about the safety of donated blood further increase the market growth. The other key factors enhancing the global market growth include multiplying prevalence of infectious diseases such as bacterial and viral diseases and other health-related disorders such as HIV, cancer, thyroid, and genetic disorders, and the exponential increase in the number of point of care (POC) testing. Use of self-testing products and home diagnostic tests, blood testing in under-developed countries, and research and development for developing new testing technologies further provide growth opportunities for the blood testing market in the forecast period.

 

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In the era of rapid and effective medical treatments, physicians and other medical personnel are dependent on various types of laboratory testing in order to make an accurate diagnosis and carry out subsequent treatment measures. Thus, increasing reliance on physicians for blood-based diagnosis to ensure reliable and rapid treatment procedures are the factors anticipated to enhance the blood testing market in the forecast period. Generally, the elderly population who are susceptible to age-related diseases such as diabetes and cardiovascular diseases require more frequent blood testing. Furthermore, the elderly population undergoes complex surgical procedures such as dialysis, joint replacements and cancer therapies which requires blood transfusions. These factors are anticipated to bolster the demand for blood testing in the upcoming years.

  

Recent times have witnessed an increase in the prevalence of infectious diseases such as bacterial and viral diseases, and other disorders such as HIV, cancer, thyroid, and genetic disorders in all age groups and population. Blood testing plays a vital role in the identification of the causative agents of these diseases and disorders thereby boosting the growth of this market.  Also, the growing number of POC testing has led to the increased growth of the market.

 

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Asia Pacific is anticipated to grow at the highest CAGR during the forecast period owing to the increasing economic growth in developing economies such as India, China and Japan. Various factors governing the growth in this region include large patient pool, increasing ageing population, rising standard of living, high disposable income, increasing health awareness, and improving medical facilities. Furthermore, global players are tapping into these countries, which in turn are expected to boost the market growth.

 

The different types of blood testing include glucose testing, lipid profile, liver function tests, prostate specific antigen, hormones, blood urea nitrogen, high-sensitivity c-reactive protein, thyroid stimulating hormone, serum nicotine/cotinine and others. The glucose testing segment is expected to dominate the market during the forecast period due to increasing population of diabetic patients and changing lifestyles. Blood glucose testing is conducted by both laboratories and point of care testing.

 

The major market players profiled in the report include Abbott Laboratories, Alere, Inc., Becton Dickinson and Company, Bio-Rad Laboratories, Beckman Coulter, bioMérieux SA, Biomerica Inc., Bruker Corporation, Nanosphere Inc., Nipro Diagnostics, Roche Diagnostics, Siemens AG, Thermo Fisher Scientific Inc. and Trinity Biotech PLC among others. These market players have adopted various strategies such as merger & acquisitions, novel product development, and venture capital investments among others to expand their foothold and increase their customer base.

 

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Agriculture Drones Market Information, Figures and Analytical Insights 2020– 2026

According to a new report published by Polaris Market Research, the worldwide agriculture drones market is anticipated to reach around USD 8,019.8 million by 2026. In 2017, the field mapping segment dominated the global market, in terms of revenue. North America is expected to be the leading contributor to the global market in 2017.

 

There has been an increasing adoption of agricultural drones across the world owing to growing agricultural industry, and high-demand for high quality food crops. The growing use of drones for crop health monitoring, weed detection, variable rate application, crop scouting, and livestock management supports the agriculture drones market growth. The growing population and increasing automation of farm operations further supports agriculture drones market growth. The global agricultural drones market is driven by the increasing need to improve the quality of crops produced, maximize crop production, and enhance productivity. Other factors driving the growth of this market include growth in the global agricultural industry, reducing availability of labors, and increasing labor costs. However, safety, security, and privacy concerns restrict the growth of the agricultural drones market. Growing demand from emerging economies, and technological advancements are factors expected to provide numerous growth opportunities in the coming years.

 

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According to the United States Department of Agriculture, National Agriculture Imagery Program (NAIP) utilizes drones with camera and sensor payloads to develop digital orthophotographs. These images are available to the government agencies and general public for estimation of land usage, crop plantings and yields, and others. In March 2016, Agribotix LLC partnered with Inter-American Institute for Cooperation on Agriculture (IICA) to introduce agriculture drone and data analytics for crop health management and improvement of agriculture production.

 

 

North America generated the highest revenue in the market in 2017. The increasing population, and growing demand for high quality crops drives the growth of this market. Growing cost of labor and increasing automation in agricultural practices further support global agriculture drones market growth. Increasing investments and subsidies in the agriculture sector by governments are expected to boost the adoption of drones for increased productivity in farms.

 

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The different components used in agriculture drones include hardware, software, and services. In 2017, the hardware segment accounted for the largest share in the global market. The hardware used in agricultural drones include technologically advanced cameras, navigation systems, frames, controllers, propulsion systems, and others. The hardware components are required for capturing information and monitoring of fields and crops.

 

The well-known companies profiled in the report include Trimble Navigation Limited, DJI Technology Co., Ltd, Parrot SA, Drone Deploy, Agribotix LLC, Honeycomb Corporation, Aerovironment, Inc., Eagle UAV Services LLC, 3D Robotics Inc., AgEagle Aerial Systems, Inc., Autocopter Corp, and Ursula Agriculture. 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.

Air Ambulance Services Market Poised for Steady Growth in the Future 2020-2027

The Global Air Ambulance Services Market Size is anticipated to reach over USD 8.2 billion by 2026 according to a new research published by Polaris Market Research.

 

Growing occurrences of life-threatening diseases, such as cardiac ailments demanding emergency medical attention support the growth of the air ambulance market during the forecast period. Moreover, rising attentiveness about air medical transportation services also surges the market growth. In addition, favorable reimbursement policies and increasing government support proving air ambulance services in developed countries, such as the U.S. and Canada helps people avail these services even though the high cost of services.

 

Some major key players in global air ambulance services market include AMR, PHI Air Medical, Scandinavian Air Ambulance, IAS Medical; Express AirMed Transport, Native American Air Ambulance, Lifeguard Air Ambulance, REVA Air Ambulance, and Acadian among others.

 

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Refining global expenses led to increased healthcare expenditure and as a result, these have ensured the well-being of mankind. The per head healthcare spending has augmented exponentially during last decade. According to the World Bank Group, healthcare expenses have been increased by approximately 55% during past decade. As an outcome, the demand for better and faster health recovery is increased. Thus, factors such as long travel distance and increasing demand for early diagnosis and medical care are the factors propelling the global air ambulance services market growth significantly.

 

The global air ambulances services market is segmented on the basis of type, service model, and geography. On the basis of type, the global air ambulance services market is segmented into Rotary-Wing and Fixed-Wing. In 2017, the Rotary-wing type is estimated to dominate the global air ambulance services market growth majorly due to vast use of transportation for shorter distances. On the other hand, fixed-wing air ambulance services include particular airplane with well-equipped medical facilities and staff. For the longer distance patient transportation, this type of aircraft is used. In general, the fixed-wing air ambulance is private jets or business jets that are designed in to accommodate medical amenities as well as the crew. On the basis of services model, the global air ambulance services market is further segmented into hospital-based and community-based services model.  In 2017, the hospital-based service is anticipated to dominate the segment in air ambulance services market. The dominance is primarily due to the availability of emergency response by medical crew present in the air ambulance. The community-based services are given by the partnerships with private companies and other public health organizations.

 

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North America is estimated to dominate global air ambulance services market. Availability of supportive organization for air medical transportation, favorable reimbursement policies, and high presence of local and external service providers in this North America generates the profitable growth of this air ambulance services market. However, Asia Pacific is anticipated to make a dominating growth in the forecast period. The improving economic environment and developing the significant growth of air medical facilities in countries such as India, China, Japan and presence of multinational corporations marking the significant growth of the air ambulance services market in the Asia Pacific.

Covid-19 Diagnostics Market Information, Figures and Analytical Insights 2020– 2027

The global COVID-19 diagnostics market size is expected to reach USD 23.67 billion by 2027 according to a new study by Polaris Market Research. The report “COVID-19 Diagnostics Market Share, Size, Trends, Industry Analysis Report, By Product & Service Type (Instruments, Reagents & Kits, Service); By Sample Type (Nasopharyngeal (NP) Swab, Oropharyngeal (OP) Swab, Nasal Swabs, Blood, Others); By Test Type (Molecular (PCR) Testing, Antigen-based Testing, Antibody (Serology) Testing, Others); By Mode; By End Use; By Regions; Segment Forecast, 2020 – 2027” gives a detailed insight into current market dynamics and provides analysis on future market growth.

 

COVID-19 medical tests play an important role in management of coronavirus and thus helping in containing the virus infection. These tests are available as POC and non-POC across various healthcare settings such as hospitals, diagnostic centers, physician clinics, and research laboratories. POC test are comparatively easier than the other swab-based tests but they lack sensitivity and specificity thus providing a non-conclusive result.

 

While these tests are useful in real-time monitoring of infection as a preliminary test, the swab-based tests are necessity for confirmation of COVID-19 infection as they incorporate RT-PCR technology, which provide accurate results. The recent requirements for COVID-19 tests are higher accuracy, faster results, low-cost, and high sensitivity towards coronavirus.

 

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The market drivers for COVID-19 diagnostic includes rapidly increasing COVID-19 infections across the globe, increasing number of patients undergoing diagnosis, government initiatives such as Sero testing, increased preference of physicians and patients towards POC testing, and increased requirement for COVID-19 test by non-profit organizations.

 

According to World Health Organization (WHO) as of September there were 29 million cases of COVID-19 infections worldwide, affecting about 213 countries and increasing rapidly. The relaxation in lockdowns across the countries and increasing number of testing is expected to drive the demand for COVID-19 diagnostics market. In addition, emergence of second wave of infections in Europe is likely to have a positive impact on the market growth.

 

Companies such as Cepheid, 1drop Inc., ALDATU BIOSCIENCES, Altona Diagnostics GmbH, Perkin Elmer, Inc., bioMerieux SA, Danaher, Hologic Inc., Abbott, Luminex Corporation, ADT Biotech, Mylab Discovery Solutions Pvt Ltd., Laboratory Corporation of America Holdings, Quest Diagnostics, Quidel, Neuberg Diagnostics, Thermo Fisher Scientific, Inc., F. Hoffman-La Roche Ltd. and Veredus Laboratories are some of the key players operating in the market.

 

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Badminton Shoes Market: Future Forecast Indicates Impressive Growth Rate

 The global badminton shoes market size is expected to reach USD 5.51 billion by 2027 according to a new study by Polaris Market Research. As the penetration of badminton has increased, more and more consumers prefer badminton footwear to be comfortable to have positive impact on their performance. These shoes typically possess cushioning effect to spread pressure on feet, to avoid any sort of injury during tournament. Earlier, badminton shoes were manufactured by weaving multiple layers of fabrics with each other causing heavy generation of waste as well as requiring more labor force. With product innovation, shoe-knitting is a technology that knits badminton shoes just like a pair of socks.

It has been a very primitive and effective strategy to promote products offered for a particular sport by collaborating with famous personalities of that game. This helps the consumers attach their feelings for famous sports player with the footwear and apparels brand they adorn. The manufacturers of badminton shoes have been collaborating with key badminton players from particular countries to endorse their products. This has aided in significant revenue rise with several badminton enthusiasts wearing specific shoes to play the sport.

 

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As several badminton tournaments are being hosted around the world every year, the number of participants playing the tournaments have also increased considerably. As more and more local players have started to represent badminton on an international stage, viewership has also witnessed an abrupt increase. This, in turn, has augmented the demand for various badminton accessories including shoes.

 

Many badminton manufacturers have utilized outsourcing strategy efficiently in recent past to earn more profit margins. Outsourcing the production of badminton shoes to regions like Asia helps in reducing the cost price of the product effectively. The lower wages required to manufacture shoes is one of the key reasons for Asian countries becoming a shoes manufacturing hub.

 

Market participants such as Li Ning Company Limited, Lotto Sport Italia, ASICS Corporation, Yonex Co., Ltd, Adidas AG, VICTOR RACKETS IND. CORP, Mizuno USA, Inc., Carlton Sports, Babolat, Cosco (India) Ltd, and Puma SE. are some of the key players operating in the global market.

 

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Companies like Babolat, Li Ning, Yonex, Adidas, Puma and Asics have focused on offering their products in all geographical regions through various channels at company’s disposal. While companies like Lotto and Mizuno have been focusing majorly on regions like Europe, North America and Asia. Carlton Sports have been targeting United Kingdom and USA through their online channel SportsDirect and some countries of Asia through e-commerce websites. Victor Rackets Ind. Corp are focusing on countries like Taiwan and India. Cosco India has only focused on Indian market.

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Vertical Farming Market 2020 - Global Trends, Growth, Opportunities and Market Forecast to 2026

According to a new study published by Polaris Market Research the worldwide Vertical Farming market is anticipated to reach over USD 11,905 million by 2026. In 2017, the shipping container dominated the global market, in terms of revenue. Asia-Pacific is expected to be the leading contributor to the global market revenue during the forecast period.

 

The growing population worldwide has resulted in significant increase in food demand. Vertical farming is increasingly being used to meet the high-demand for food crops. The factors driving the growth of vertical farming market include ability to produce high quality crops throughout the year, lesser use of water for crop cultivation, and lower dependency on weather conditions.  Organic and chemical free crops can be grown with the help of vertical farming in artificially controlled environments, which further increases its adoption. Other factors driving the market include growing urban population, and reduced environmental pollution. However, high initial investment and crop production of limited varieties restrict the growth of vertical farming market.  

 

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Asia-Pacific generated the highest revenue of $835 million in 2017, and is expected to lead the global market throughout the forecast period. This is owing to significant growth of population in the region. Lack of fertile land, Strong technical expertise in agricultural practices, and established R&D institutes in China and Japan further supplement the market growth.

 

The growing mechanisms used for vertical farming include hydroponics, aquaponics, and aeroponics. In 2017, hydroponics accounted for the largest share in the global market, and was estimated at USD 1,086 million in 2017, registering a CAGR of 23.3% during the forecast period. Hydroponics is a process of growing plants where the traditional soil medium is replaced by nutrient and mineral rich water solution. Hydroponics offer benefits such as availability of crops throughout the year, faster plant growth, and eliminate the growth of pesticides.

 

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On the basis of offerings, the market is segmented into lighting solutions, sensors, climate control, and hydroponic components. In 2017, the lighting solutions accounted for the major share in the global market. Lighting solutions are used to provide uniform lighting conditions suitable for plant growth. The leading market players offering lighting solutions for vertical farming include Koninklijke Philips N.V., Illumitex, Inc., and Everlight Electronics Co. Ltd.

 

The well-known companies profiled in the report include BrightFarms, Agrilution, Everlight Electronics Co., Ltd., American Hydroponics, Freight Farms, Illumitex, Inc., and Vertical Farm Systems 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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Omega 3 Market 2020 - Global Trends, Growth, Opportunities and Market Forecast to 2026

According To A New Report Published By Polaris Market Research The Omega 3 Market Is anticipated to reach over USD 4,262.5 million by 2026. In 2017, the functional food and supplements segment dominated the global market, in terms of revenue. North America was the leading contributor to the global market revenue in 2017.

 

A significant increase in awareness regarding a healthy diet, changing lifestyles, and health benefits offered by omega 3 drive the growth of this market.  Other driving factors include growing inclination towards use of natural and organic products, and increasing use of omega 3 in functional food and pharmaceutical. Increasing demand from developing nations is expected provide numero2us growth opportunities to the market players during the forecast period.

 

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There has been a growing awareness regarding health benefits offered by omega 3 among consumers. Omega 3 assists in body functions such as muscle activity, brain development and functioning, blood clotting, digestion, fertility, and cell division and growth, which has increased its adoption. Use of EPA also helps in controlling anxiety, depression and other related health problems.

 

Improvement in lifestyle due to rise in income level, especially in the developing countries of Asia-Pacific fuels the demand for omega 3 market. Factors such as increase in per capita income, changes in consumer behavior, and increased awareness regarding health and nutrition are expected to accelerate the adoption of omega 3 in the coming years.

 

 

North America generated the highest revenue in the market in 2017. The increasing geriatric population in the region coupled with high disposable income drives the market growth. The increasing demand of omega 3 in the region is owing to high consumer awareness regarding the benefits of omega 3, and growing health concerns. Asia-Pacific is expected to grow at the highest CAGR during the forecast period owing to increasing disposable incomes in developing countries of this region, and rising demand of omega 3 for infant formula, animal feed, and pharmaceutical.

 

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The different applications of omega 3 include functional food and supplements, pharmaceutical, infant formula, animal feed, and others. In 2017, functional food and supplements segment accounted for the highest market share. Use of omega 3 in functional food and supplements provide proper nutrition and enable efficient functioning of human bodies. The increasing demand of functional food and supplements from athletes and sports sector further supports market growth.

 

The well-known companies profiled in the report include Omega Protein Corporation, Croda International PLC, Arista Industries Inc., Cargill, Inc., Royal DSM, Pharma Marine AS, GC Reiber Oils, Nordic Naturals Inc., Reckitt Benckiser Group plc, Pharma Nord B.V., Pharmavite LL, and Natrol LLC 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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Surgical Dressing Market 2020 - Global Trends, Growth, Opportunities and Market Forecast to 2026

According to a new study published by Polaris Market Research, the global surgical microscopes market is anticipated to reach over USD 1,740.4 million by 2026. In 2017, the ophthalmic microscopes segment dominated the global market, in terms of revenue. Among regions, North America accounted for the majority share in the global surgical microscopes market.

 

According to the World Health Organization (WHO), cancer is the leading cause of death around the globe. Thus, there is a great demand for surgical microscopes to improve diagnostic efficiency and decide prognosis of a disease. Moreover, increase in the number of surgeries, advancements in healthcare facilities, customized microscopy solutions, and technological advancements are the major factors driving the market growth. Moreover, growth in geriatric population, rise in adoption of minimally invasive ENT surgeries, and improved reimbursement policies for ENT surgeries further bolsters the growth of the market. Furthermore, surge in the number of outpatient facilities and increased per capita healthcare expenditure of various countries supplement the market growth.  

 

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In 2009, average health spending reached 9.5% of gross domestic product, up from 8.8% in 2008. The healthcare spending in most of the OECD countries has increased by margins greater than the gross domestic product. Moreover, the U.S. spent USD 1.9733 trillion for health care expenditures in 2005, which was 15.9% of the gross domestic product (GDP); of which, twenty-nine percent of the expenditures were allocated to surgical revenues. Thus, increase in population coupled with expansion of healthcare infrastructure and favorable scenarios for medical reimbursement programs have led to surge in the adoption of surgical microscopes. The adoption of surgical microscopes in ENT application has increased due to rise in prevalence of chronic sinusitis, growth in geriatric population, increase in adoption of minimally invasive surgeries, and implementation of favorable reimbursement policies for ENT surgeries. Technological advancements in surgical microscopes such as integrating intelligence, video, intraoperative-imaging, and navigation technologies enable surgeons to improve their decision-making at the point-of-care (POC) centers and provide best possible outcomes to patients.

 

Surgical microscopes have been widely used in ophthalmology, as these microscopes help surgeons to perform intricate surgeries with precision and visualize the anatomy of small cavities. Increasing incidence of eyesight and vision disorders has fueled the use of ophthalmic microscopes across the globe.

 

In addition, the dentistry segment is expected to witness significant growth in the near future, especially in the developing regions due to increase in the number of out-patient facilities and growing per capita healthcare expenditure. Growth in neurosurgery & spine surgery application segments is expected to be driven by surge in research and development activities related to tissue clearing and targeted cell labeling for brain functions.

 

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The governments of various countries have funded research & development activities to support and promote medical advancements. Moreover, the healthcare sector of developing countries has witnessed tremendous development in the recent years. Emerging economies, such as India and China have increased in their spending on healthcare facilities, which is a positive indicator for market growth. Thus, market players in the value chain are optimistic about the growth of the surgical microscope market across emerging economies in the near future.

 

The key players profiled in the report are Carl Zeiss AG, Leica Microsystems, Takagi Corporation, Seiler Precision Microscopes, Topcon Corporation, Alltion (Wuzhou) Co. Ltd., Alcon Laboratories, Inc., Haag-Streit Surgical, Olympus Corporation, Accu-scope, Inc., Novartis AG, Danaher Corporation, Labomed Microscopes, and Prescott’s Inc. The prominent players operating in the industry have adopted various strategies such as business and capacity expansion, acquisitions, partnerships, mergers, and application & product development.