Thursday, 1 April 2021

Digital Map Market Comparative Scenario, Business Expansion And Rising Opportunities

According to a new research published by Polaris Market Research the digital map market is anticipated to reach over USD 9,269.5 million by 2026. In 2017, the outdoor 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.

 

The increasing applications of digital maps in industries such as automotive, media & entertainment, and defense have boosted the growth of the market. Use of geospatial information in applications such as infrastructure management, risk and emergency management, urban planning, resource management, and logistics has increased the demand of digital maps over the years. Additionally, the technological innovation in the market in terms of improvement of components, and mapping software further boosts the adoption of digital maps. Increasing investments by vendors in technological advancements coupled with increasing applications of digital maps would support the market growth during the forecast period. However, high investment in data collection is expected to hamper market growth during the forecast period. Growing demand from emerging economies, and increasing adoption by small and medium businesses are factors expected to provide numerous growth opportunities in the coming years.

 

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The adoption of digital maps is rising at a significant rate worldwide. Digital maps are increasingly being used for various applications such as civil engineering & construction, government, defense & intelligence, agriculture & forestry, transportation, real estate, and others. Varied applications of Digital Maps include topographic mapping, infrastructure planning, traffic management, and others. Defense and military sectors utilize digital maps on a large basis primarily for geospatial mapping. The increasing concern for security has led the defense sector to become a prominent buyer for geospatial intelligence and mapping services all over the world. These services are used for surveillance, battlefront analysis, strategy formulation, and situation analysis on border areas.

 

North America generated the highest revenue in the market in 2017, and is expected to lead the global market throughout the forecast period. The increasing applications in the commercial sectors have increased demand of digital maps in the region. The increasing demand from defense, and government sectors further boosts market growth. Local players are introducing low cost digital mapping solutions with high performance to cater to the growing consumer demand. Numerous key players have adopted partnership and expansion strategies to increase their market share in digital map markets in the region. Asia-Pacific is expected to grow at the highest CAGR during the forecast period.

 

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The different applications in digital map include mobile devices, enterprise solutions, defense, automotive, government, and others. In 2017, the automotive segment accounted for the highest market share. Digital maps are increasingly being used in self-driving cars. Other applications of digital maps in the automotive sector include advanced driver assistance systems, fleet management, and logistics control solutions.

 

The well-known companies profiled in the report include DigitalGlobe, Inc., Apple, Inc., Google, Inc., HERE Holding Corporation, Environmental Systems Research Institute (ESRI), Inc., Getmapping PLC., Micello, Inc., TomTom International BV, MapData Services, Intermap Technologies Corporation, AutoNavi Holdings Ltd., and Collins Bartholomew 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.

 

Anti-Drone Market Comparative Scenario, Business Expansion And Rising Opportunities

According to a new study published by Polaris Market Research the worldwide anti-drone market is anticipated to reach over USD 3,064 million by 2026. In 2017, the defense and military 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.

 

The rising incidences of misuse of drones and growing terrorist activities primarily drive the growth of this market. Smugglers and traffickers are increasingly using drones for malicious and criminal activities, thereby increasing the demand of anti-drones. Other driving factors include technological advancement, and increasing investment in R&D.

 

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There has been an emerging threat from drones to critical infrastructure. A high number of cases of drone overflights at nuclear and power stations have been registered. In 2014, after several cases of overflights of reactors, French authorities invested $1.1 million for detection, identification, and neutralization of small aerial drones.

 

There has been a significant increase in spoofing and cyber-attacks. Spoofing is taking control of a drone by hacking the radio signal and sending commands to the aircraft from another control station. Valuable data can be stolen or deleted through cyber-attacks. Complaints registered against misuse of drones also include snooping, burglary, smuggling contraband into prisons, and mid-air near misses among others. Terrorists have started using drones to gather valuable intelligence on their enemies. All these factors have increased the adoption of anti-drone systems.

 

North America generated the highest revenue in the market in 2017, and is expected to lead the global market throughout the forecast period. The driving factors for anti-drone market in North America include increasing number of security breach incidents by unidentified drones and increasing terrorist activities. Recent incidences of riots & civil unrest have increased the demand for anti-drones in this region. North America spends high budgets for military expenditure and for research & development programs, which augment market growth.

 

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The various end-users of anti-drones include defense and military, government, commercial, and others. In 2017, the defense and military sector accounted for the largest share in the global market, and is expected to maintain its lead during the forecast period. The demand for anti-drones in the military sector has increased owing to growing cases of smuggling, trespassing, and spying. Increasing need for border security, and threats from neighboring countries support the adoption of anti-drones.

 

The well-known companies profiled in the report include Saab AB, Thales Group, Raytheon Co., Lockheed Martin Corp. , Dedrone Inc, Droneshield Ltd., Northrop Grumman Corp., Theiss UAV Solutions, LLC, Blighter Surveillance Systems Ltd., Israel Aerospace Industries Ltd.,  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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E-pharmacy Market Comparative Scenario, Business Expansion And Rising Opportunities

 The global E-pharmacy market is anticipated to reach USD 128.76 billion by 2026, according to a new research published by Polaris Market Research. Increment in predominance of unending conditions and illnesses over the globe is bringing about steady development popular for different medications and medicinal services items. High cost of treatment is demonstrating the need to decrease medicinal services cost. Comfort, reasonableness, and simplicity in accessibility of prescriptions are powering market development.

 

High growing needs for pharmaceutical products in developing economies is one of the key driving factors for the E-pharmacy market. Government activities, increment in ventures, evolving controls, and expanding entrance of web and broadband in urban and village areas are adding to its development. Numerous new players are entering into this market as the social media is putting forth immense potential to the online retailers who are consistently developing interest for medicinal services items and administrations.

 

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Online drug stores are picking up pace attributable to lucrative offers, for example, value rebates that result in cost cutting funds. Additionally, increment in use of e-remedies in doctor’s facilities and other medicinal services clinics is additionally anticipated to support development.

 

The U.S. is the biggest market in North America inferable from the nearness of different key players and a huge well-informed population. Asia Pacific is expected to be the fastest developing section because of its rising economies such as China and India. North America held dominant part of the offer in 2019 because of increment in online buys, developing elderly population, and high appropriation of IT in social insurance.

 

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Virus Filtration Market Global & Regional Analysis & Forecasts To 2026

The global virus filtration market is anticipated to reach USD 6.94 billion by 2026 according to a new research published by Polaris Market Research. The market is anticipated to witness a high growth rate over the forecast years owing to the expanding interest for natural items, for example, immunizations, therapeutic proteins, blood and related blood items, cell and quality treatment, tissue, and undifferentiated cell items is a central point driving industry development.

 

Viruses are minute micro-organisms which are visible under compound microscope. Viruses are transmittable and have capability to replicate themselves inside the living organism’s body. Viruses contaminate all the life forms, such as microbes, animals, and plants, which includes bacteria as well as archaea. Virus Filtration is the important procedure for removal of virus particles. This filtration is an operative virus removal tool for manufacturing biological products with welfare of the modest operability and insignificant harm to the yield. Virus filtration procedure is generally carried out as a final purification step for any manufacture method.

 

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Major biopharmaceuticals and biotechnology companies are indulged in R&D for creating new natural products. Virus filtration is a critical advance in biologics improvement, in this manner, the expanding R&D on biologics is required to drive the market for these items. In 2016, major players in the industry invested millions of dollars in R&D. The expenses were principally embraced to support advancement and efficiency in R&D to develop a practical pipeline of immunizations and treatments with lucrative business openings.

 

Rising prevalence of constant illnesses including malignancy, diabetes, and immune system issue are expected to fuel the market for virus filtration in biologics segment. As per the International Agency for Cancer Research, approximately 14.1 million new disease instances of growth were analyzed worldwide and this number is anticipated to achieve 21.7 million by 2030. Therefore, there is a developing interest for therapeutics biologics for the treatment of such constant ailments, that continuously drive the interest for virus filtration product types for R&D and other applications.

 

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Biopharmaceuticals are largely gained from human, creatures, and plants and require an examined virus filtration technique to stay away from infection tainting in the generation. Subsequently, the need of this strategy amid the generation of biologics is required to support the market development.

 

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Cell Culture Market Global & Regional Analysis & Forecasts to 2026

 The global cell culture market is expected to reach USD 42.9 billion by 2026 with a CAGR of 11.8% during the forecast period as per a new study released by Polaris Market Research.

 

Cell culture is swiftly developing as an implement for evaluating and treating ailments such as Alzheimer’s and cancer diseases. Major Players are intending on broadening their cell reservoir and enhancing their efficiency by putting significant importance on recruitment of trained experts in order to gain a moderate threshold in the market. It is also estimated that the cell culture technique is also obtaining global acceptance in the food and beverages sector and this trend is anticipated to have a good grip in 2019. Cell culture is also gaining traction as one of the most important aspect in the development of high-quality plant actives.

 

Some of the major companies operating in this market consist of Thermo Fisher Scientific, Sartorius, General Electric, Merck, Sigma-Aldrich Co., LLC, Eppendorf, Promocell, Becton, Dickinson & Company (BD) and Lonza.

 

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The requirement for cell culture has improved to an extent where conventional manual handling and development of the culture is incapable fulfill the increasing demands. This has enabled the development of automated considerable scale cell culture outlines that are furnished for providing high output of cell societies of high purity levels and in larger quantities. The constant development of these systems and functions for cell culture has stabilized this market to anticipate a growth and advancement through to 2026. This improvement has moved the market noticeably and the cell culture market is predicted to gain a significant traction during the forecast period.

 

This growth can be attributed to the developing requirements for biopharmaceutical development, antibodies and protein generation; all of which depend intensely on cytological R&D where cell culture plays a notable part. Growing demand for biopharmaceutical is furthermore assumed to sustain regional market development over the forecast period.

 

The automated culture systems give remarkably improved limit managing, increased productiveness and reproducible purity levels. Sturdy federal initiatives associating to growing speculations by companies and governments in biopharmaceutical assembling and high undiscovered market openings are some imperative variables representing such quick development.

 

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The United States and Canada represented the biggest market share in 2018, as there are a substantially high variety of R&D going in the area pertaining to cytological examination for proteomics, genomics, and also medication as well as vaccination advancement. Expanding requirement for biopharmaceuticals is likewise prepared for to sustain local market development throughout the forecast period.

 

The Asia Pacific region is anticipated to witness considerable development during 2019 to 2026 due to the existence of high demand for boosting manufacturing as well as advancement of vaccinations, medications, and also brand-new biologics. Helpful federal government efforts, increasing financial investments by market players and existence of federal governments in biopharma production as well as high untouched possibilities in the market are some of the vital elements which are helping this market to gain traction in this region.

 

Cell culture sera is estimated to represent over 45% of revenue generated in 2019 due to, high usage in cell culture composition and high prices of the product. It is also expected that the commercialization of sera is likewise anticipated to drive market in coming years.

 

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Hearing Aids Market Comparative Scenario, Business Expansion and Rising Opportunities

 According to a new report published by Polaris Market Research, the global hearing aids market is anticipated to reach USD 6,992.1 million by 2025. In 2017, by technology, digital technology segment dominated the market in terms of revenue and hold major share in the market. Regionally, Europe accounted for the major share in the hearing aid market.

 

The hearing aid market is primarily driven by increasing incidences of hearing loss due caused due to increased noise pollution, rising geriatric population, and need for continuous technological advancement of the devices. Moreover, deafness due to ear infections, and birth complications also influence the growth of hearing aids market during the forecast period.

 

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

 

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Behind the ear (BTE) hearing aid constitutes a major market share owning to its benefits like high efficiency, easy use, and better connectivity. However, canal hearing aids are estimated to grow at a higher rate due to the increased preference for invisible aids with better functions and connectivity.

 

Based on the patient type the hearing aids market is segment as adult patients and pediatric patients. Adult patient hearing aid market anticipated higher growth during the forecast period. This growth is majorly attribute by increasing number of geriatric population worldwide and increasing incidences of hearing loss.

 

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

 

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

 

 

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

 

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Endoscopy Devices Market Comparative Scenario, Business Expansion and Rising Opportunities

 According to a new research published by Polaris Market Research, the endoscopy devices market is anticipated to reach over USD 69,578.8 million by 2026. In terms of revenue, the visualization systems segment dominated the global market. Geographically, North America is expected to be the leading contributor to the global market revenue in 2017 owing to increased demand for minimally invasive surgical process in this region.

 

The rising prevalence of gastrointestinal disorders, cancer, and other chronic illness due to the rapidly increasing ageing population, diabetes, obesity and major lifestyle changes is the major factor driving the market growth. In addition, minimal invasiveness, lesser post-surgical complications, reduced hospital stay, faster recovery time and minimal scarring, which in turn lowers treatment costs, makes it one of the most sought-after procedures. Also, the increasing awareness about endoscopy techniques and its benefits among patients and medical personnel, various technological advancements in endoscopy and diverse applications in the diagnosis and treatment of various diseases and the availability of reimbursement for procedures done using endoscopy devices further give an impetus to the market growth. Emerging market in developing countries and technological advancements provide several opportunities for market growth in the near future.

 

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North America generated the highest revenue in the market in 2017, and is expected to lead the global market throughout the forecast period. The increasing patient pool and favorable reimbursement policies drive the market growth in the region. The growing awareness among patients and medical professions coupled with the availability of the latest technological advancements further support market growth in the region. Asia-Pacific is expected to grow at the highest CAGR during the forecast period owing to increasing expenditure of GDP on healthcare, improving medical facilities and rapidly increasing patient pool in emerging countries such as China, Japan, and India.

 

The applications of endoscopy devices include arthroscopy, bronchoscopy, cardio-pulmonary endoscopy, laparoscopy, ENT endoscopy, gastro-intestinal endoscopy, urology endoscopy, gynecology endoscopy, neurology endoscopy and others. In 2017, the gastrointestinal endoscopy segment accounted for the highest market share owing to increasing prevalence of gastrointestinal disorder across all age groups. The improving medical facilitates and reimbursement policies and increasing demand due to rising number of patients, especially in developing countries, supports the market growth in this sector.

 

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The well-known companies profiled in the report include Olympus Corporation, Boston Scientific Corporation, Conmed Corporation, Cook Medical Incorporated, Covidien PLC, Fujifilm Holding Corporation, Ethicon (Johnson & Johnson), Karl Storz GmbH, Stryker Corporation, Hoya Corporation (Pentax Medical System) and Smith and Nephew, Incorporated among others. These companies have adopted collaboration and joint venture with other market leaders, and new product launches to meet the increasing needs and requirements of consumers.

Cyber Security Market SWOT Analysis and Key Growth Methodologies By 2026

 The cyber security market is anticipated to reach over USD 269.76 billion by 2026 according to a new study published by Polaris Market Research. In 2019, the enterprise segment dominated the global market, in terms of revenue. North America is expected to be the leading contributor to the global market revenue in 2019.

 

The growing need for protection of sensitive data, and increasing cyber terrorism has boosted the adoption of cyber security solutions. The rising penetration of mobile devices, and increasing trend of BYOD further support the growth of this market. Additionally, the increasing demand of cyber security solutions from small and medium enterprises has supported market growth over the years. Increasing investments by vendors in technological advancements coupled with growing demand for cloud-based cyber security solutions would accelerate the growth of the cyber security market. However, However, growing use of pirated cyber security solutions, and complexities associated with device security hinder market growth. Growing demand from emerging economies is expected to provide numerous growth opportunities in the coming years.

 

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The cases of cyber-attacks in the healthcare sector have increased significantly over the years. The high demand for electronic health records in the black market has resulted in numerous cyber-attacks. The healthcare sector is prone to cyber-attacks owing to limited budget allocation by healthcare institutions for cyber security. The healthcare sector is dominated by small practices and rural hospitals, which lack the resources for investment in cyber security, thereby increasing risks of cyber-attacks. However, introduction of affordable cyber security solutions for healthcare sector, increasing awareness, and growing incidences of cyber-attacks are expected to promote the adoption of cyber security in this sector.

 

North America generated the highest revenue in the market in 2019, and is expected to lead the global market throughout the forecast period. The increase in number of cyber-attacks, and growing trend of BYOD drive the market growth in the region. The growing penetration of mobile devices, and technological advancements further support market growth in the region. The increasing spending on data protection in BFSI and defense sectors 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 need for data privacy across various industries in the developing countries of the region.

 

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The end-users in cyber security market include BFSI, IT & Telecom, healthcare, retail, defense and government, travel and hospitality, and others. In 2019, the defense and government segment accounted for the highest market share owing to increasing need to protect sensitive data and avoid cyber-attacks. The growing government spending to provide enhanced cyber security to the public sector and increasing implementation of cyber security installations in the defense sector, especially in developing countries, supports the market growth in this sector. The increasing adoption of cloud-based cyber security in this sector is expected to support market growth in the coming years.

 

The well-known companies profiled in the report include Symantec Corporation, Cisco Systems Inc., BAE Systems Inc., EMC Corporation, Hewlett-Packard Enterprise, Intel Security, Palo Alto Networks, Proofpoint Inc., LogRhythm Inc., IBM Corporation, Fortinet, Inc., and Centrify Corporation 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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Automated Fare Collection Market Global & Regional Analysis & Forecasts to 2026

 According to a new report published by Polaris Market Research the worldwide Automated Fare Collection (AFC) market is anticipated to reach around USD 13,594 million by 2026. In 2017, the smart cards segment dominated the global market, in terms of revenue. In 2017, North America accounted for the majority share in the global automated fare collection market.

 

The increasing need to automate ticketing systems for public and private transportation majorly drives the market growth. Organizations are gradually adopting automated fare collection systems to increase efficiency, and easy management of high volume of commuters. The growing need to reduce frauds in public transportation further accelerates the adoption of the AFC systems. Other factors driving the market growth include growing need to reduce operational costs, increase profitability, and enhance traveler experience. New emerging markets, increasing acceptance of cashless payments, and growing need to reduce environmental pollution are factors expected to influence the market in the coming years.

 

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The increasing investments in R&D and rapid development of public infrastructure in developing countries of Asia-Pacific and Latin America support the growth of automated fare collection systems. Governments across the world are collaborating with leading market players for installation of AFC systems in airports, and railways. Technological advancements in electronic payment, Near-Field Communication (NFC), and contactless payment technologies provide numerous growth opportunities in the global market. Market players are introducing affordable and highly efficient automated fare collection systems in the market to cater to the growing market demands.

  

North America is expected to lead the global AFC market during the forecast period. Significant investment by governments to improve the public transport infrastructure coupled with stringent regulations regarding transportation drive the growth of automated fare collection in this region. Technological advancement and introduction of advanced systems by the market players has increased their acceptance in the region. Asia-pacific is expected to grow at the highest CAGR during the forecast period. This is due to economic growth in countries such as China and India, and increasing investments in public infrastructure. Expansion of global players into these countries to tap market potential boosts the market growth.

 

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The various types of technologies used in automated fare collection system include Near-Field Communication (NFC), Optical Character Recognition (OCR), smart cards, and magnetic strips.  The smart cards segment is expected to lead the market during the forecast period owing to increasing popularity of cashless transactions. NFC is expected to grow at the highest CAGR during the forecast period.

 

The well-known companies profiled in the report include Thales Group, Longbow Technologies S/B, Cubic Corporation, Advanced Card Systems Holdings Limited, Atos SE, Indra Sistemas SA, UL Transaction Security, Siemens AG, Samsung SDS Co. Ltd., GMV Innovating Solutions, Masabi Ltd., and Omron Corporation among others. These companies introduced new technologies and collaborate with other market leaders to innovate and launch new products to meet the increasing needs and requirements of the consumers.

 

Artificial Intelligence Market Comparative Scenario, Business Expansion and Rising Opportunities

 According To A New Study Published By Polaris Market Research The Global Artificial Intelligence Market is anticipated to reach USD 54 billion by 2026. The advancements of robots and the rise in their deployment rate particularly, in the developing economies globally have had a positive impact on the global artificial intelligence market. Augmented customer experience, expanded application areas, enhanced productivity, and big data integration has highly propelled artificial intelligence market worldwide. Although, absence of adequate skilled workforce as well as threat to human dignity are some of the factors that could affect the growth of the market. However, these factors are expected to have minimal impact on the market attributed to the introduction of advanced technologies.

 

An extraordinary increase in productivity has been achieved with machine-learning. For instance, Google, with the help of its experimental driverless technology has transformed cars including, Toyota Prius. Integration of various tools by artificial intelligence has helped in the transformation of business management. These tools include brand purchase advertising, workflow management tools, trend predictions among others. For example, the Google’s voice accuracy technology has 98% of accuracy rate. Furthermore, Facebook’s DeepFace technology has a success rate of approximately 97% in recognizing faces. Such accuracy in technologies is further anticipated to bolster the market growth during the forecast period.

 

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Currently, North America dominates the global artificial intelligence market attributed to the high government funding availability, existence of prominent artificial intelligence providers in the region, and robust technical adoption base. Also, the region is expected to continue its dominance during the forecast period. Moreover, the adoption of cloud-based services in key economies, such as the US and Canada, is considerably adding to the market growth in the North American region. The markets in Asia Pacific, MEA and South America region are expected to notice a high growth during the coming years. The growth in Asia Pacific region is attributed to the increasing demand for artificial technologies by the developing economies. Thus, the region is anticipated to grow at the highest CAGR during the forecast period.

 

Major companies profiled in the report include Google Inc., Intel Corporation, Nvidia Corporation, Microsoft Corporation, IBM Corporation, General Vision, Inc., Qlik Technologies Inc., MicroStrategy, Inc., Brighterion, Inc., and Baidu, Inc. among others.

 

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Key Findings from the study suggest North America is expected to command the market over the forecast years. APAC is presumed to be the fastest growing market, developing at a CAGR of more than 65% over the forecast period. The artificial intelligence market is presumed to develop at a CAGR of over 55.9% from 2018 to 2026. The high implementation of artificial intelligence in several end-user verticals including, retail, automotive and healthcare is projected to boost the growth of the market over the forecast period. Several companies are making considerable investments to integrate artificial intelligence competences into their portfolio of products. For instance, in 2016, SK Telecom and Intel Corporation signed an agreement for the development of the artificial intelligence based vehicle-to-everything (V2X) technology as well as video recognition.

 

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Wednesday, 31 March 2021

Medical Holography Market 2021 Remarking Enormous Growth With Recent Trends & Demand

 The global medical holography market size is expected to reach USD 4.22 billion by 2027 according to a new study by Polaris Market Research. The report “Medical Holography Market Share, Size, Trends, Industry Analysis Report, By Product (Holographic Displays (Laser, Touchable, Piston, Semi-Transparent), Microscope, Print, Software, and Others); By Application (Imaging (Ophthalmology, Dentistry, Urology, Otology, Orthopedics, Others), Medical Education, and Biomedical Research); By End Use (Academic Centers, Pharmaceutical & Biotechnology Companies, Hospitals & Clinics, and Research Laboratories); By Regions; Segment Forecast, 2020 – 2027” gives a detailed insight into current market dynamics and provides analysis on future market growth.

 

Medical holography refers to a technique that can develop three-dimensional images of the targeted organ of the body. Development of 3-D image of any specific organ of interest for the surgeons or physicians is of notable importance as it simplifies the treatment procedure for the physicians.

 

The traditional CT-scan and MRI-scan only delivers 2-D image while requiring the surgeons or physicians to develop a 3-D image in their mind in order to clearly understand the existing situation and thereby, suggest further course of action. Whereas, holography simplifies the same through 3-D imaging technique for healthcare employees.

 

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Medical holography has transformed the healthcare industry with 3-D images of complex organs simplifying the healthcare education & training and boosting the sector research. Various products used in medical holography including holoscopes, software, prints, microscopes, and displays enable the healthcare professionals to view human anatomy in three dimensions.

  

The prominent factors favoring the global market growth include advancement in medical holography technique, investments in development of holography-based gadgets, and extensive adoption of medical holography technique among the healthcare institutions such as hospitals and clinical research organizations (CROs) to assist the physician in their operating procedure and clinical researchers all through their healthcare research.

 

Medical holographic projections and imaging has led to a notable change in training and education as well as all through the biomedical research. Also, digital holograms and holography technique are also extensively deployed all through the hospital training and teaching programs. The 3-dimensional visualization through using the technique develop an interactive and interesting learning environment as holography assists in retaining more information as compared to the traditional learning methodologies.

 

With the rising focus on implementing structural biology across the healthcare institutions and medical training centers, key players operating in the market are proactively focusing on development of holography software and holographic prints to be deployed for training and teaching applications.

 

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The market players are involved in developing cost-effective three-dimensional kit for healthcare professionals and medical students that would assist them while performing dissections and surgeries without any requirement of real organs and bodies. In September 2019, EchoPixel launched an advanced intraoperative software for offering touchless, naked-eye interactive three-dimensional anatomical imaging in order to assist surgeons while performing structural heart surgeries in the operating rooms, laboratories, and hybrid operating rooms. Such technique paves the way for personalizing and improving the delivery of the most demanded minimally invasive procedures.

 

Some of the players involved in the market space include Lyncee Tec, zSpace, Inc., Phase Holographic Imaging AB, RealView Imaging Ltd., Nanolive SA, and Zebra Imaging, EON Reality, Inc., EchoPixel, Holoxica Ltd., Mach7 Technologies, and Ovizio Imaging Systems.

 

Players in the market are focusing on new product development and acquisitions to boost their product portfolio as well as expand their geographical presence across various countries and regions. Moreover, the companies have raised funding to boost the development of the holographic products that contributes to their market share. In July 2020, RealView Imaging raised approximately USD 10 million for the development of a three-dimensional in-Air hologram device.

 

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CRISPR & Cas Genes Market 2021 Remarking Enormous Growth With Recent Trends & Demand

 The global CRISPR & Cas Genes market size is expected to reach USD 4.75 billion by 2027 according to a new study by Polaris Market Research. The report “CRISPR & Cas Genes Market Size, Share & Trends Analysis Report, By Product & Service (Product {Kits & Enzymes, Libraries, Design Tool, Antibodies, and Others}, and Service {Cell Line Engineering, gRNA Design, Microbial Gene Editing, and DNA synthesis); By Application (Biomedical and Agricultural), and By End Use (Biotechnology & Pharmaceutical Companies, Academics & Government Research Institutes, and Contract Research Organizations (CROs)), and Segment Forecasts, 2020 – 2027” gives a detailed insight into current market dynamics and provides analysis on future market growth.

 

CRISPR refers to a gene editing tool through which the biological researchers and scientists can modify the genomes of various living creatures. The CRISPR technique relies on the antiviral defense mechanism of the bacteria-based CRISPR-Cas9 system. The synthetically created guide RNA is being complexed with Cas9 nuclease and delivered into the cell. Through this technique, the genome of cells can be sliced at any desired location while enabling the removal of available genes or/and adding novel genes in vivo.

 

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The Cas9 nuclease acts as a genetic scissor and used to open both the strands of specific DNA sequence for introducing the desired modification through the deployment of any one of the two techniques. These techniques include knock-in mutations which is enabled through the Homology Directed Repair (HDR) and via Non-Homologous End Joining (NHEJ).

  

The prominent factors favoring the CRISPR & CRISPR-Associated (Cas) genes market growth include technological advancement in gene editing platform and launch of various anti-CRISPR proteins that are expected to improve the overall accuracy of CRISPR technique. SpCas9-HF and eSpCas9 are two novel versions of Cas9 protein that have been designed in laboratory for minimizing the editing activity which is off the target without any use of sgRNAs.

 

According to the American Association for the Advancement of Science (AAAS) February 2020 release, the researchers have integrated two techniques viz. T cell therapy, which exploits the sentry of the body’s immune system for destroying tumors and CRISPR, which is used for editing of DNA. The researchers have found the advanced CRISPR gene editing tool to be very safe when used on three patients suffering from cancer.

 

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According to the Stat News February 2019 publication, China’s Science Ministry along with two other government institutions in the country are expected to have funded a study referred to as “CRISPR babies”. This study has resulted in the birth of two genetically altered twin girls in November 2018 in China. Therefore, the biological researchers have successfully achieved a key technique to start pregnancy among humans through the deployment of CRISPR Cas9 gene editing tool on human embryos.

 

Companies such as Addgene, AstraZeneca, Caribou Biosciences, Inc., Cellectis, Cibus, CRISPR Therapeutics, Danaher Corporation, Editas Medicine, Inc., Egenesis, F. Hoffmann-La Roche Ltd., Genscrip, Horizon Discovery Group Plc, Lonza, Mammoth Biosciences, Merck KGaA, New England BioLabs, Synthego, and Takara Bio, Inc. are some of the key players operating in the clustered regularly interspaced short palindromic repeats (CRISPR) & CRISPR-associated (Cas) genes market.

 

Players in the market are focusing on adopting CRISPR & Cas gene editing technology for engineering the blood stem cells and immune cells as a key tool being deployed for enabling drug discovery while creating highly targeted anticancer drugs. Additionally, in May 2020, the U.S. Food and Drug Administration (FDA) has approved the CRISPR-based diagnostic kit for testing of the SARS-CoV-2 COVID-19 coronavirus in laboratory. According to the Nature Journal May 2020 publication, the U.S. has already increased the COVID-19 testing while averaging about 250,000 COVID-19 test per day. The rapid FDA approval to the test kits is expected to boost testing, reducing backlogs.

 

Polaris Market Research has segmented the CRISPR & Cas Genes market report on the basis of product & service, application, end-use, and region

 

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