Monday, 25 January 2021

Geriatric Medicines Market Trends, Regulations and Competitive Landscape Outlook to 2020-2026

The Global Geriatric Medicines Market Size is anticipated to reach over USD 1,157.34 billion by 2026 according to a new research published by Polaris Market Research. 

 

Geriatric medicines, also called geriatrics is a division of medicines associated with preventive, clinical, remedial, and social aspects of disease generally amongst people that are aged over 65 years or more. In response to the needs of an aging population, demand for geriatric medicines and appropriate cure has developed rapidly during last decades. The proper medical care for the geriatric patients across the range of ill health conditions includes co-morbid complications such as syncope, cerebral aging, and falls among others.

 

The global geriatric medicines market is majorly driven by the factor including a rise in geriatric populations. According to the Eurostat, the number of people aged 65 years and above is expected reach 141 million by 2050 globally. In addition, the high market growth is expected on account of the increasing occurrence of numerous target disorders in the geriatric population, the demographic modification, the rising trend in lifestyle-associated risk aspects, and the considerably developed access to economic medicine across the developing and emerging regions.

 

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Continuous R&D activities commenced by key players and pharmaceutical companies to provide to the patient demand is expected to gain the significant outcomes during the forecast period. Increasing occurrence of chronic ailments, refining healthcare organization in emerging economies, increasing acceptance of medical tourism, government initiatives as well as support to provide timely care, and increasing number of specialty clinics are some of the other factors driving of the geriatric medicines market. However, difficulties associated with drug compatibility, lack of patient involvement in clinical trials, and side effects associated with the medications are the factors hampering the market growth.

  

The global Geriatric Medicines Market is segmented on the basis of therapeutic category, therapeutic condition, and geography. On the basis of therapeutic category, the global geriatric medicines market is segmented into Analgesics, Antihypertensive, Statins, Antidiabetics, Proton Pump Inhibitor, Anticoagulant, Antipsychotic, and Antidepressant. Pain as an indication is associated with old age and the middle age population unveils the high occurrence rate of pain related syndromes. Based on current trends and the demand for proper therapy, the market is anticipated to witness high growth for therapeutic conditions during the forecast period. On the basis of therapeutic conditions, the global geriatric medicines market is segmented into Cardiovascular, Arthritis, Neurological, Cancer, Osteoporosis, and Respiratory. In 2017, the cardiovascular disease is estimated to be the dominating segment primarily due to the high proliferation of several cardiac disorders such as coronary artery disease, stroke, and hypertension.

 

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North America is estimated to dominate the global Geriatric Medicines Market. The existence of developed healthcare facilities, favorable reimbursement policies, and the easy availability of important as well as life-saving medicine has significantly enhanced the average life expectancy rates in North America. Moreover, the number of people that are over 65 to 70 years suffering several target ailments is increasing continually which is further anticipated to boost the geriatric medicines market during the forecast period.

 

Some major key players in global Geriatric Medicines Market include GlaxoSmithKline Plc, BoehringerIngelheim GmbH, Novartis AG, Bristol-Myers Squibb Company, Pfizer, Inc., Eli Lilly and Company, Abbott Laboratories Inc., AstraZeneca plc, Merck & Company Inc., and Sanofi S.A. among others.

 

3D Machine Vision Market Trends, Regulations and Competitive Landscape Outlook to 2020-2026

The worldwide 3D machine vision market is anticipated to reach USD 4 billion by 2026 according to a new research published by Polaris Market Research. In 2017, the hardware sector dominated the global market, in terms of revenue. Asia-Pacific is expected to be the leading contributor to the global 3D machine vision market revenue during the forecast period.

 

Growing need for automation and increasing need to offer high quality products in the market fuels the growth of the 3D machine vision market. Use of 3D machine vision increases productivity, and efficiency, while saving time and costs. The increasing demand from industries including automotive, healthcare, defense, aerospace, and food and beverage is expected to provide growth opportunities in the coming years.

 

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Emerging and untapped markets of developing economies, and rising demand for customized and application specific 3D machine vision solutions further provide growth opportunities to key players in the 3D machine vision market. Increasing investments, technological advancements, and growing research and development further boosts the growth of the market.

 

 

Asia-Pacific generated the highest revenue in the market in 2017, and is expected to lead the 3D machine vision market throughout the forecast period. Rapid industrialization and increasing automation in the region drives the market growth. Introduction of new advanced technologies and increasing applications in automotive, aerospace, electronics and healthcare sectors is expected to support market growth. Growing demand from automotive and manufacturing industries for high quality products further augments the market growth.

 

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The major players in the 3D machine vision market include ISRA Vision AG, Cognex Corporation, MVTec Software GmbH, Basler AG, Tordivel AS, Sick AG, Stemmer Imaging, National Instruments Corporation, Keyence Corporation, and Microscan Systems, Inc. among others 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.

 

Smart Antenna Market Trends, Regulations and Competitive Landscape Outlook to 2020-2026

The Smart Antenna Market is anticipated to reach around USD 9,705 million by 2026 according to a new research published by Polaris Market Research. In 2017, MIMO segment dominated the global market, in terms of revenue. North America is expected to be the leading contributor to the global smart antenna market revenue during the forecast period.

 

The growing demand for smart antenna in wireless communication networks coupled with rising need for efficient and stable network performance has boosted the adoption of smart antenna. The rising penetration of smartphones, and increasing adoption of mobile-connected devices further support the growth of this market. The growing demand for high speed communication services, high demand for wireless broadband services, and declining costs of connected devices would accelerate the adoption of smart antenna during the forecast period. However, high costs associated with smart antenna is expected to restrict the growth of the market to a certain extent. Growing demand from emerging economies, increasing adoption of IoT and advancements in cellular networks are expected to provide numerous growth opportunities in the coming years.

 

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North America generated the highest revenue in the market in 2017, and is expected to lead the global smart antenna market throughout the forecast period. The presence of established telecom and cloud infrastructure in this region, and growing trend of IoT drive the smart antenna market growth in the region. The growing demand of mobile devices, and technological advancements further support market growth in the region. The use of smart technologies in varied sectors and growing need for high speed communication services for increased efficiency in diverse industries is expected to support smart antenna market growth in this region during the forecast period.

 

 

The key players operating in the smart antenna market include Texas Instruments Incorporated, Qualcomm Technologies, Inc., Broadcom Limited, Airgain, Inc., Motorola Solutions, Inc, Ruckus Wireless, Airgo Netwroks Inc., Interdigital communications Corp., Lucent technologies, and Sierra Wireless. 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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Body Armor Market Trends, Regulations and Competitive Landscape Outlook to 2020-2026

 The global body armor market size is expected to reach USD 2,510.2 million by 2026 according to a new study by Polaris Market Research. The report “Body Armor Market Share, Size, Trends, Industry Analysis Report By Level, By Material (Metals & Alloys, Composite, Fibers, Fiberglass and Others); By Application (Defense & Security Personnel, Law Enforcement Officers, Civilians); By Product, By Style; By Regions, Segments & Forecast, 2019 – 2026” gives a detailed insight into current market dynamics and provides analysis on future market growth.


 

The moving concern displayed by defense and security industry towards safety and security of military personnel is propelling the need for body armor. Several developed and developing nations are conducting modernization program in the best interests of security and military personnel. This is to offer best protection products. Developed nations such as U.S., UK, Russia and France are taking rapid strides to replace their traditional armor system with new advanced body armor. A recent move towards lightweight and flexible armor with nanotechnology materials and fibers in use has been initiated and will positively favor market in near future. Lately, precision technologies such as liquid body armor and dragon skin are contributing value to the market.


 

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The key players in the market include BAE Systems, Inc., Honeywell International, Inc., U.S. Armor Corporation, DuPont Deenside LTD., Blank Enterprises, Inc., Sarkar Defense Solutions, MKU Pvt. Ltd., Safariland LLC, Uvex Group, Avon Protections Systems, Inc. Aegis Engineering Ltd., AR500 Armor, Ballistic Body Armour (Pty) Ltd, Craig International Ballistics Pty Ltd., Hellweg International, Kejo Limited Company, Pacific Safety Products and Ceredyne (3M) among others.

 

 

However cross-border tensions, global anarchy, regional warfare and a stimulus package by way of government thought for safety of armed forces personnel drives growth for body armor market. The body armors are devised in a manner that shunts piercing attacks and are categorized on their ability to deflect bullets. Earlier body armors were only licensed to soldiers but now due to escalating war-like tensions in the border areas, it is used by security guards, police and individuals to feel safe.

 

Rising incidents of clashes and frictions observed in Asia, Middle East, Sub Saharan region, Russia and other nations related to terrorism, piracy, arms smuggling, drugs and exploitation are taking a toll on human lives. Security and defense personnel are targeted and hence safety measures are deployed to prevent such crimes. These trends are anticipated to bolster market growth during forecast period.

 

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North America and Europe seize more than half of overall body armor market. This is due to the continuing solder modernization programs conducted across these regions. Safety of soldiers is high on the agenda for the country’s defense agency without cutting any corners in the program execution. Law enforcement officials have to constantly upgrade themselves due to rising instances of arson and riots across several countries. The threat of terrorism has led to the increased implementation of body armors. The region is expected to continue its dominance over the forecast period. The markets in Asia Pacific, MEA and South American region are expected to observe high growth during coming years. The increasing growth in Asia Pacific is attributed to the increased Government expenditure in new-age technology adoption in defense. Thus, the region is expected to do highly with excellent CAGR during forecast period.

 

 

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Bio Plasticizers Market Size Historical Growth, Analysis, Opportunities and Forecast To 2026

The report “Bio Plasticizers Market Share, Size, Trends & Industry Analysis Report [By Product Type (Epoxidized Soybean Oil (ESBO), Citrates, Castor Oil, Succinic Acid, Glycol Esters), By Application (Packaging Materials, Consumer Goods, Building & Construction, Automotive, Medical Devices, and Others), By Regions] Segments & Forecast, 2019 – 2026” provides a comprehensive analysis of present market insights and future market trends. The global bio plasticizer market is anticipated to reach USD 2.11 Billion by 2026 growing at a CAGR of 8.8% during the forecast period according to a new study published by Polaris Market Research.

 

The main purpose of a bio-plasticizer is to function as an additive when incorporated in a polymer matrix. These compounds increase the flexibility together with the chemical properties of the substrate material such as plastic. Bio-plasticizers are located in vegetable oils such as palm, soybean and castor oil.

 

Some modification goes into deriving bio- plasticizer form these vegetable oils, whether external or internal. Hence, they are tagged as environment friendly additives. The use of Bio-plasticizers for wire applications can significantly help reduce carbon gas emission by 40%

 

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The Government ban on use of phthalate in toys, food packaging and other end-use products has been a boon for bio-plasticizer market. Agencies such as consumer product safety commission have passed directives to ban of phthalate in flexible toys and other related toys that are harmful for health. They should meet one more condition which is that they must degrade biologically. Restricted supply of harmful phthalate such as BBP, DEP, DBP and DOP and consumers waking up to knowledge of undesirable side-effects have led to manufacture of eco-friendly bio-plasticizers.

 

The spanning growth of end-user industries such as PVC packaging, automotive, plastics, wires and cables, and medical devices have enhanced growth for global bio-plasticizer. Epoxidized Soyabean Oil (ESBO) is the most common bio-plasticizer. ESBO is manufactured form soyabean oil through process of epoxidation. ESBO is a vital component of PVC gasket where it is the preferred additive typically found in food packaging.

  

Bio-plasticizers find use in vinyl flooring, PVC Cables and resins, wire jacketing and automobile fabricated parts. The PVC market is one of the largest end-use for bio-plasticizers as it is the most common application for thermoplastics. Certain types of PVC materials are very rigid and require plasticizers for adding flexibility to it.

 

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North America has been the largest contributor to bio-plasticizer market with U.S. being the major revenue generating nation. Large market for end-user industries such as consumer goods, chemicals and medical devices has fueled the market.

 

Asia pacific is anticipated to be thriving regional market due to market saturation in consumer goods, chemicals and medical devices that is driving market growth.

 

Large number of key players is present in Bio-plasticizer industry. They include Laxess AG, Emery Oleochemcials LLC, Dow Dupont, Evonik Industries’, Danisco US Inc., BASF SE, BioAmber, Inc., Polyone Corporation, Myriant Corporation and Vertellus Holdings LLC.

 

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According to Polaris Market Research, bio-plasticizer market is segmented into product type, application, and regions.

 

·         Bio Plasticizer Product Type Outlook (Revenue USD Millions 2015-2026)

o    Epoxidized Soybean Oil (ESBO)

o    Citrates

o    Castor Oil

o    Succinic Acid

o    Glycol Esters

·         Bio Plasticizer Application Outlook (Revenue USD Millions 2015-2026)

o    Packaging Materials

o    Consumer Goods

o    Building and Construction

o    Automotive

o    Medical Devices

o    Others

 

IoT Microcontroller Market Trends, Regulations and Competitive Landscape Outlook to 2020-2026

The IoT microcontroller market is anticipated to reach over USD 5,170 million by 2026 according to a new research published by Polaris Market Research. In 2017, the 32 bit microcontroller segment dominated the global IoT microcontroller market, in terms of revenue. North America was the leading contributor to the global market revenue in 2017.

 

The growing penetration of mobile devices, and increasing adoption of IoT has primarily driven the growth of the IoT microcontroller market. The rising adoption of virtualization, cloud, and big data analytics has supported market growth over the years. Increasing investments by vendors in technological advancements coupled with growing automation across diverse industries would accelerate the growth of the IoT Microcontroller market during the forecast period. However, high power consumption, security and privacy concerns, and lack of standardization hinder the market growth. Growing demand from emerging economies, ad technological advancements are expected to provide numerous growth opportunities in the coming years.

 

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North America generated the highest revenue in the market in 2017. The increase in industrial automation, and growing number of mobile devices drive the market growth. The growing trend of BYOD, IoT, big data analytics, and virtualization increases the demand for IoT microcontroller in the region. The growing penetration of mobile devices, and technological advancements further support IoT microcontroller market growth in the region. The increasing spending on smart homes and smart cities in the region further promote market growth in the region. Asia-Pacific is expected to grow at the highest CAGR during the forecast period owing to growing automation of industrial processes across various industries in the developing countries of the region.

 

The companies operating in the market include Infineon Technologies, Broadcom Corporation, Microchip Technology, Fujitsu Ltd, Holtek Semiconductor, Silicon Laboratories, Inc, Texas Instruments, NXP Semiconductors N.V, Atmel Corporation, and Espressif Systems Pte. Ltd. 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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Electric Power Distribution Automation Market Report Forecast 2020-2026 By Size, Share, Price, Trend and Growth

 The Electric Power Distribution Automation Systems Market is anticipated to reach around USD 23.8 billion by 2026 according to a new research published by Polaris Market Research.” In 2017, the industrial segment dominated the global market, in terms of revenue. North America is expected to be the leading contributor to the global market revenue during the forecast period.


North America generated the highest revenue in the market in 2017, and is expected to lead the global market throughout the forecast period. The presence of established telecom and cloud infrastructure in this region, and growing trend of smart cities drive the market growth in the region. The growing demand from energy sector, and technological advancements further support market growth in the region. The use of smart technologies in energy and utilities, investments in transmission and distribution infrastructure, and increasing ageing infrastructure is expected to support market growth in this region during the forecast period.


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The growing adoption of smart cities, along with high demand of smart grids has boosted the adoption of electric power distribution automation systems. The rising demand for electricity, and growing demand for efficient and low-cost solutions for efficient power distribution further support the growth of electric power distribution automation systems market. Increasing investments by vendors in technological advancements, growing need to update existing networks, and increasing ageing infrastructure would accelerate the adoption of electric power distribution automation systems during the forecast period. Growing demand from emerging economies, increasing adoption smart grid applications, and technological advancements are expected to provide numerous growth opportunities in the coming years.


The companies operating in the market include General Electric, Eaton Corporation Plc, Mitsubishi Electric Corp., ABB Ltd., G&W Electric Company, Schneider Electric, Elster Solutions, Schweitzer Engineering Laboratories, Siemens AG, and S&C Electric Company. 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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Key Segments:

The global electric power distribution automation systems market is segmented on the basis of component, implementation, end-user, and region.


Electric Power Distribution Automation Systems Market Size and Forecast by Component, 2018-2026

·         Field Devices

·         Software

·         Services

·         Communication Technology


Electric Power Distribution Automation Systems Market Size and Forecast by Implementation, 2018-2026

·         Feeder Automation

·         Substation Automation

·         Consumer Side Automation


Electric Power Distribution Automation Systems Market Size and Forecast by End-User, 2018-2026

·         Residential

·         Commercial

·         Industrial

·         Others


Electric Power Distribution Automation Systems Market Size and Forecast by Region, 2018-2026

·         North America [U.S., Canada]

·         Europe [Germany, UK, France, Italy, Spain, Belgium, Netherlands, Rest of Europe]

·         Asia-Pacific [China, India, Japan, South Korea, Singapore, Malaysia, Rest of Asia-Pacific]

·         Latin America [ Brazil, Mexico, Argentina, Rest of Latin America]

·         Middle East and Africa [Israel, South Africa, Saudi Arabia, UAE, Rest of MEA]


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Friday, 22 January 2021

Zeolite Market Information, Figures and Analytical Insights 2020– 2027

 The global zeolite market size is expected to reach USD 36.98 billion by 2027 according to a new study by Polaris Market Research. The report “Zeolite Market Share, Size, Trends, Industry Analysis Report, By Product Type [Natural (Clinoptilolite, Mordenite, Others), Synthetic Zeolite (Zeolite A, Type X, Type Y, USY, ZSM 5)]; By End-Use (Building & Construction, Water Treatment, Animal Nutrition, Odor Control & Desiccant, Detergent, Agriculture, Others); By Regions; Segment Forecast, 2020 – 2027” gives a detailed insight into current market dynamics and provides analysis on future market growth.

 

A number of synthetic zeolite manufacturers produce different grades, where low-grade zeolites are used in detergents and high grades are used in the petrochemical industry. Manufacturers of the product include Tosoh Corporation, Honeywell International Inc., BASF SE, Albemarle Corporation, and Clariant AG. Apart from the large-scale manufacturers, numerous small- and medium-scale manufacturers are present in Asia Pacific, owing to the rising demand from the region which is likely to drive market growth.

 

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Raw materials required to synthesize zeolite industrially are sodium silicate (Na2O3Si), sodium hydroxide (NaOH), and aluminum oxide (Al2O3). These chemical compounds are manufactured in bulk and can be categorized as commodity chemicals for a wide range of applications. Several companies across the world manufacture these compounds such as BASF SE, Bayer AG, and The Dow Chemical Company, among others.

 

Na2O3Si is manufactured by companies such as Evonik Industries, BASF SE, and W.R. Grace. & Co. Raw materials are easily available in different concentrations as per the requirements of zeolite manufacturers. Zeolite manufacturers such as W.R. Grace & Co., Albemarle Corporation, and BASF SE manufacture and market raw materials required for the manufacture of zeolite.

 

One of the important applications of synthetic zeolite is for FCC (Fluid Catalytic Cracking) catalysts. FCC is a process by means of which complex hydrocarbon molecules are broken down into simple hydrocarbon molecules. FCC is a type of secondary unit operation, used to produce gasoline in the refining process. Increasing demand for petroleum across the world has resulted in high demand for synthetic over natural products, which are used as catalysts.

 

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Furthermore, FCC has higher application in North America compared to other regions where hydrocracking is more prevalent. The high demand for energy in the region resulted in the sustained growth of productivity. Production in this region is expected to exhibit continued growth in the near future. Global application of zeolitic catalysts in petroleum and refineries is expected to grow in the next few years. This, in turn, would contribute to the growth of the market.

 

Market participants such as BASF SE, Honeywell International Inc., Steelhead Specialty Minerals, Arkema SA, Tosoh Corporation, KNT Group, Clariant AG, National Aluminium Company Limited, PQ Group Holdings Inc., Albemarle Corporation, and Rota Mining Corporation. are some of the key players operating in the global market.

 

NALCO has lined up investment worth USD 2.4 billion for increasing its production capacity, reaching untapped areas, and increasing coal production. Approximately half of the investment would be made in association with its joint venture. The majority of the funds would be used to enhance its alumina and aluminum business to increase its share in the market.

 

COVID-19 Diagnostics Market Poised for Steady Growth in the Future 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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