Mindfulness Meditation Apps Market Forecast, as COVID-19 Continues to Expand Quickly Across the Globe

 The global mindfulness mediation apps market size is expected to reach USD 4,206.1 million by 2027 according to a new study by Polaris Market Research. The report “Mindfulness Meditation Apps Market Share, Size, Trends, Industry Analysis Report, By Operating System (Android, iOS, Others); By Service Type (Paid-in App purchases, Free); By Age Group (6–12 Years Old, 13–18 Years Old, and 19 Above); By Regions; Segment Forecast, 2020 –2027” gives a detailed insight into current market dynamics and provides analysis on future market growth.

 

Mindfulness Meditation Applications are Android and iOS apps developed to help end users to build awareness through meditation. In other words, the term mindfulness meditation helps to understand our behaviors and emotions, enjoy a moment of calm, bring more joy, clarity and peace of mind into life and helps to overcome the mental illness through free and paid available apps on devices.

 

On the backdrop of transforming consumer’s preference with integration of sensor technologies, increased adoption of smart phones and growing reliance on digital platform are factors contributing to the optimistic outlook of the global market. Consumers from China, U.S., Japan, South Korea and European nations is anticipated to show more willingness towards spending on mindfulness meditation apps. Over the years, the global market has witnessed several collaboration and partnerships between the app developers and public & private institutions, airlines, communities and others which has create several growth opportunities for app developers.

 

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Recent technological advancements by key companies, such as advanced sensor and touch input technologies are helping the end users to monitor the brain activities and to meditate properly. These new technologies are gaining momentum in the global market not only because of the physical wellness of the end users but for also providing mental wellness to the end users.

 

Stress and depression level among end users worldwide is playing a key factor while adopting mindfulness meditation applications. Approximately 1 out of 6 people are currently facing at least one mental disorder across the globe. In the UK, US, and China, almost more than 65%, 30%, 40% of people are reported with mental disorder respectively. As a result of this, meditation applications are becoming a source of life for overstressed end users. Key companies in the mindfulness meditation application industry, including Headspace, Calm, and others have witnessed a more than 65 Mn downloads with over 50,000 downloads each day of these apps across more than 180 countries.

 

Market participants such as Calm, Headspace, Breethe, Insight Timer, Waking Up, Meditopia, BetterMe, Simple Habit, Aura Health, and Moov are some of the key players operating in the global mindfulness meditation apps market. Two industry giants, Calm and Headspace holds the leading share in the global market and is likely to attract more investors and consumers in near future owing to its brand positioning across the globe.

 

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In June 2020, Snap Inc., the U.S. based tech start up announced the launch of in-App meditation experience in association with the Headspace, well known provider of guided meditation to improve happiness, health, and mindful-ness across the globe. The company’s feature will provide mindful and meditation exercises to the stressed individuals from daily routine.

Burn Care Centers Market Innovative Technology, Growing Prominence Analysis & Forecast to 2027

 The global burn care centers market size is expected to reach USD 33.03 billion by 2028 according to a new study by Polaris Market Research. The report “Burn Care Centers Market Share, Size, Trends, Industry Analysis Report, By Facility Type (In-house, Standalone), By Treatment Type; By Severity (Minor Burns, Partial Thickness Burns, Full Thickness Burns); By Service Type (Inpatient, Outpatient, Rehabilitation); By Regions; Segment Forecast, 2021 – 2028” gives a detailed insight into current market dynamics and provides analysis on future market growth.

 

In 2020, the in-patient type market segment accounted for the largest share of the burn care center industry and is expected to witness the fastest market growth rate over the forecast period, owing to the rise in mass casualties in fire and the continuously rising mortality rate across the globe. Though in-patient stay is not rising at a significant pace in a few of the countries, its high cost of treatment has largely contributed to its high market revenue share in the burn care centers industry. As per the study done by the World Health Organization, in 2018, countries such as China, UK, Bulgaria, Canada, South Korea, U.S., Sweden, Singapore, Hong Kong, and Mexico have witnessed the rise in the incidence of fire-related events.

 

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Market participants such as The MetroHealth System, Chelsea & Westminster Hospital, Pediatric Burn Care Center, University of Rochester Medical Center, Burn and Reconstructive Centers of America, National Burn Center (India), North Bristol NHS Trust, and University of Washington Regional Burn Center are some of the key players operating in the market for burn care centers.

 

Companies in the marketplace are launching innovative therapies to address unmet medical needs in severe burn care management. For instance, in May 2019, Israel-based MediWound Ltd signed an exclusive supply agreement with Vericel Corporation to commercialize its product NexoBrid in the U.S.

 

Product is topically administered biologic to remove scars in people with deep and thick injuries. The product was already approved in the EU and other markets. According to the company’s claims, NexoBrid is considered an excellent strategic fit to capture a larger share in the U.S market for burn care centers.

 

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Polaris Market research has segmented the burn care centers market report on the basis of facility type, treatment type, severity, service type, and region:

 

Burn Care Centers, Facility Type Outlook (Revenue – USD Million, 2016 – 2028)

• In-house
• Standalone

Burn Care Centers, Treatment Type Outlook (Revenue – USD Million, 2016 – 2028)

• Wound Debridement
• Skin Graft
• Traction, Splints, Wound Care
• Respiratory Intubation and Ventilation
• OTC Pain Medications and Bandages
• Blood Transfusion
• Prophylactic Vaccinations and Inoculations
• Rehabilitation

Burn Care Centers, Severity Outlook (Revenue – USD Million, 2016 – 2028)

• Minor Burns
• Partial Thickness Burns
• Full Thickness Burns

Burn Care Centers, Service Type Outlook (Revenue – USD Million, 2016 – 2028)

• Inpatient
• Outpatient
• Rehabilitation

Burn Care Centers, Regional Outlook (Revenue – USD Million, 2016 – 2028)

• North America
  • U.S.
  • Canada
• Europe
  • France
  • Germany
  • UK
  • Italy
  • Spain
  • Netherlands
  • Austria
• Asia Pacific
  • China
  • India
  • Japan
  • Malaysia
  • South Korea
  • Indonesia
• Central & South America
  • Mexico
  • Brazil
  • Argentina
• Middle East & Africa
  • UAE
  • Saudi Arabia
  • Israel
  • South Africa

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Electric Bed Market Share, Value and Competitive Landscape 2021-2027

 The global electric bed market size is expected to reach USD 4.12 billion by 2028 according to a new study by Polaris Market Research. The report “Global Electric Bed Market Share, Size, Trends, Industry Analysis Report, By Product (Semi-automatic, Fully Automatic), By Application (General Bed, Intensive Care Bed, Bariatric Bed, Birthing Bed), By End-Use (Hospitals & Clinics, Reproductive Care Centers, Dentistry, Others); Segment Forecast, 2021 – 2028” gives a detailed insight into current market dynamics and provides analysis on future market growth.

 

The electric bed allows the patient to adjust both upper and lower body positions with a self-adjustable height feature. They help in a variety of medical complaints and rapidly increase patient’s comfort. It offers several health benefits such as chronic pain, people with poor mobility, swelling, arthritis, acid reflux, and people with frequent cases of heartburn.

 

The market is driven by rising hospital admissions, owing to the recent surge in COVID-19 cases and sports injuries across the globe and technological advancements in the hospitals. According to the market statistics published by the U.S. Center for Disease and Control (CDC), around 30 million people take part in sports-related activities in the U.S. alone. Of this, individuals aged 15 to 20 accounted for around 2 million injuries and more than 30,000 hospital admissions per year.

 

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Technological advancements by the key companies operating in the market, over the few years, have been able to expand their portfolio of smart offerings. For instance, in November 2019, China-based smart products manufacturer, Xiaomi, expanded its smart product offering named 8HMilan, which is controlled with voice commands.

 

Xiaomi smart electric product is fully equipped with high-performance motors, which could be lifted independently, any of the angle could be adjusted, seamless gear limit, 0 to 60 degree back adjustment, 0 to 30-degree leg adjustment, and one can unlock more nodes. The operator can control the operation of the product with voice commands, and buttons.

 

Market participants such as Arjo, Medline Industries, Inc., Hill-Rom Services Inc., Paramount, Gendron Inc., Stryker, Malvestio Spa, Invacare Corporation, LINET, and Midmark India Pvt. Ltd. are some of the key players operating in the concerned market. Market players in the industry are focusing on commercializing their products by emphasizing innovative features.

 

For instance, in October 2020, the U.S.-based medical equipment manufacturer introduced a new line of electric cots in the market under the brand name “ProCuity”. A portfolio of offerings under this brand is completely wireless products equipped with full-proof patient monitoring features. It helps in reducing patient falls, allows nurses to efficiently monitor cot-ridden patients, and patients can effectively rotate the cots in different positions.

 

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Polaris Market research has segmented the electric bed market report on the basis of product, application, end-use, and region:.

 

Electric Bed, Product Outlook (Revenue – USD Million, 2016 – 2028)

• Semi-automatic
• Fully-automatic

Electric Bed, Application Outlook (Revenue – USD Million, 2016 – 2028)

• General Bed
• Intensive Care Bed
• Bariatric Bed
• Birthing Bed
• Others

Electric Bed, End Use Outlook (Revenue – USD Million, 2016 – 2028)

• Hospitals & Clinics
• Reproductive Care Centers
• Dentistry
• Others

 

Forensic Imaging Market Innovative Technology, Growing Prominence Analysis & Forecast to 2027

 The global forensic imaging market expected to reach US$ 139.5 million by 2028. according to a new study by Polaris Market Research. The report “Forensic Imaging Market Share, Size, Trends, Industry Analysis Report, By Modality (X-ray, CT, MRI, and Ultrasound); By Application (Death Investigations, Clinical Studies), By End-Use (Forensic Institutes, Hospitals, Others), By Regions; Segment Forecast, 2021 – 2028” gives a detailed insight into current market dynamics and provides analysis on future market growth.

 

The global forensic imaging market is driven by few notable factors such as innovations in medical imaging, rising criminal activities coupled with compulsory autopsy procedures, and the rising inclination towards finding the death cause. Moreover, changing beliefs in different religions towards autopsy and the emergence of virtual forensic imaging procedures.

 

The global forensic imaging market is fragmented based on modality, application, end-use, and region. In terms of modality, the global market is bifurcated as X-ray, MRI, CT, and ultrasound. Based on application, the market is classified as death investigations and clinical studies. The end-use segment is further divided into forensic institutes, hospitals, and others.

 

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Segment Highlights

• The X-ray segment accounted for the largest revenue share in 2020 owing to its high efficacy and high usage in accidents. The segment holds over 50% of the global share. However, the CT segment is expected to expand at the highest CAGR during the forecast period.
• Based on application, the death investigations segment is projected to constitute over 70% of the revenue share in 2028. This can be attributed to a rapid rise in un-reported deaths, requiring the need of death cause for insurance claims or court trials.
• Europe region dominated the market in terms of revenue in 2020 holding over 35%. The region’s growth is driven by the rapid adoption of automated imaging services, lack of skilled professionals, and the presence of private forensic centers.

 

List of Key Players of Forensic Imaging Market

• Canon Medical Systems Corporation
• Bruker
• Neusoft Corporation
• Shimadzu Corporation
• FUJIFILM
• Hitachi, Ltd.
• Toshiba Medical Systems, Inc.
• Others

 

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Concrete Repair Mortars Market SWOT Analysis, Emerging Trends, Key Players, Future Scope | Forecast 2026

 The global concrete repair mortars market size is expected to reach USD 3.73 billion by 2028 according to a new study by Polaris Market Research. The report “Concrete Repair Mortars Market Share, Size, Trends, Industry Analysis Report, By Mortar Type (Epoxy-Based Mortar, Polymer-Modified Cementitious Mortar); By End-Use (Utility, Roads & Infrastructure, Buildings); By Method of Application (Spraying, Manual, Pouring); By Region; Segment Forecast, 2021 – 2028” gives a detailed insight into current market dynamics and provides analysis on future market growth.

 

The market for concrete repair mortars is expected to increase during the forecast period owing to rising urbanization, growing population, and development of public infrastructure. Increasing environmental concerns along with rising investments in the maintenance of aging infrastructure would further support the market growth. Increasing development of transportation and road networks, and growth in the construction industry, especially in emerging economies of Asia Pacific, supplement the market growth for concrete repair mortars.

 

The different types of concrete repair mortars include epoxy-based, polymer-modified cementitious, and others. Polymer-modified cementitious segment dominated the global market for concrete repair mortars in 2020. Apart from its cost efficiency and ease of use, polymer-modified cementitious material also offers high tensile and flexural strength, greater abrasion resistance, superior adhesion, and high chemical resistance. Increasing environmental concerns and growing infrastructure development has increased the demand for polymer-modified cementitious materials worldwide.

 

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The end-uses of concrete repair mortars include utility, roads and infrastructure, buildings, and others. There has been an increasing demand for concrete repair mortars from the roads & infrastructure sector. Governments, especially in emerging economies, are investing significantly in the development of roads, highways, and bridges.

  

Rising population, increasing urbanization, growing construction industry, and several public-private partnerships are driving the growth of this segment. The development of improved transportation networks, a growing number of road accidents, increasing road safety concerns, and the rising need to streamline traffic networks are some factors attributing to the growth of this segment.

 

On the basis of the method of application, the market is segmented into spraying, manual, pouring, and others. The demand for manual applications is expected to increase during the forecast period. Hand troweling or manual application is a common method used for repairing concrete. It is easy to use and works well for vertical, overhead, and horizontal concrete surfaces. It is widely used for shallow surface repairs and does not require significant equipment.

 

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Economic development in countries of Asia-Pacific coupled with growth in the construction industry, increasing population, rising disposable income, and increasing urbanization are expected to contribute towards market growth in the region. Owing to technological advancements, companies are providing technologically advanced products in order to retain existing customers and strengthen their market presence. Broadening of the product portfolio is another trend that is visible in the industry.

 

Some of the major market participants operating in the industry include Fosroc International Ltd., Adhesive Technology Corporation, Ardex Group, Saint-Gobain Weber S.A., Baumit, Sika AG, Remmers Baustofftechnik GmhH, Bostik, Mapei S.P.A, Pidilite Industries Ltd, Flexcrete Technologies Ltd., BASF SE, and The Euclid Chemical Co.

 

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CBD Nutraceuticals Market Trends, SWOT Analysis, Strategies, Industry Challenges

 The global CBD nutraceuticals market size is expected to reach USD 19.25 billion by 2028 according to a new study by Polaris Market Research. The report “CBD Nutraceuticals Market Share, Size, Trends, Industry Analysis Report, By Product (CBD Capsules, CBD Tinctures, Others); By Distribution Channel (Offline, Online); By Regions (North America, Europe, Asia Pacific, Latin America, Middle East & Africa); Segment Forecast, 2021 – 2028” gives a detailed insight into current market dynamics and provides analysis on future market growth.

 

The demand for CBD nutraceuticals is expected to increase during the forecast period owing to increasing obesity and related disorders, growing health consciousness, and greater awareness regarding benefits associated with cannabidiol nutraceuticals. The legalization of the U.S. Farm Bill in late 2018 leading to the commercialization of hemp-derived products, increasing disposable income of consumers, and growing shift towards health and wellness products has significantly increased the demand for cannabidiol nutraceuticals.

 

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In March 2018, MGC Pharma expanded its product portfolio through the introduction of cannabis and hemp-enhanced nutraceutical products. The company launched several vegan products including supplements and food-grade products under its new line, MGC Nutraceuticals. Its new offerings include capsules, water-soluble cannabinoids, and ready-to-drink products containing high-grade phytocannabinoids aimed at reducing stress, boosting immunity, and maintaining muscle and bone structure. This product launch enables the company to tap growing opportunities in the dietary supplement and cannabidiol nutraceuticals market.

 

On the basis of product, the market is segmented into CBD capsules, CBD tinctures, and others. The tinctures segment accounted for a major share in 2019. Health benefits associated with the tinctures, increasing health consciousness among users, and shifting trend towards diet and nutritious food products boosts the growth of this segment.

 

Cannabidiol tinctures are increasingly being used for pain relief, insomnia, muscle spasms, nervous system degradation, and anxiety, among others. Governments across the globe are gradually introducing regulations supporting the growth of cannabidiol nutraceuticals.

 

The different distribution channels covered in the report include offline sales channels and online sales channels. The offline sales channel accounted for a major market share of the global CBD nutraceuticals industry. Rapid urbanization, increasing penetration of retail stores, and growing awareness towards health have driven the overall growth of this distribution channel.

 

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In addition, the rapidly growing health and beauty service industry in the developing economies has fueled the growth of health and beauty stores, supporting the growth of this segment. The growth of the fitness industry further supplements the growth of retail stores proving cannabidiol nutraceuticals and supplements.

 

North America dominated the global market for CBD Nutraceuticals in 2020 and is expected to maintain its dominance over the forecast period. High living standards, increasing health awareness, and supportive government regulations support market growth in this region. However, Asia-Pacific is expected to exhibit significant growth during the forecast period.

 

The increasing geriatric population coupled with rising awareness regarding the benefits of CBD nutraceuticals fuels the growth in this region. Leading global players are expanding their presence in developing nations of China, Japan, India, and South Korea to tap the growth opportunities offered by these countries.

 

Owing to technological advancements, and the greater need to cater to customer requirements, companies are collaborating to strengthen the market presence and gain market share. Broadening of the product portfolio is another trend that is visible in the industry. Some of the major market participants include Foria Wellness, CV Sciences, Inc., Green Roads, Charlotte’s Web, Isodiol, Garden of Life LLC, Diamond CBD, MGC Pharma, Elixinol, Medterra CBD, Endoca BV, Medical Marijuana, Inc., Aphria Inc., and Irwin Naturals.

 

Read More : https://www.medgadget.com/2021/03/cbd-nutraceuticals-market-size-is-projected-to-reach-19-25-billion-by-2028-cagr18-2-polaris-market-research.html

Telepsychiatry Market Trends, SWOT Analysis, Strategies, Industry Challenges

 The global telepsychiatry market size is expected to reach USD 39.90 billion by 2028 according to a new study by Polaris Market Research. The report “Telepsychiatry Market Share, Size, Trends, Industry Analysis Report, By Product (In-home solutions, Forensic solutions, Routine solutions, Crisis solutions, Others); By Age Group (Adult, Pediatric & Adolescent, Geriatric); By End-Use; By Regions; Segment Forecast, 2021 – 2028” gives a detailed insight into current market dynamics and provides analysis on future market growth.

 

The current ongoing pandemic of COVID-19 has impacted several market sectors, including healthcare apps. Governments all across the globe have responded to this with all essential initiatives such as lockdowns, large-scale quarantine, and social distancing, to contain the infection. This has resulted in employee layoffs, which impacted the mental health of people driving the market for telepsychiatry.

 

As per the KFF poll, more than 47 percent of U.S. citizens have reported mental health issues and it is being reported that around 21 percent was due to job loss. Moreover, according to the statistics published by the National Alliance on Mental Illness, around 43.3 percent of the U.S. population had received treatment for mental disorders, in 2018.

 

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Market participants such as InSight Telepsychiatry, MDLIVE Inc., e-Psychiatry, SOC Telemed, Advanced Telemed Services, Telemynd, American Tele-psychiatrists, Iris Telehealth, innovaTel Telepsychiatry, and Encounter Telehealth, LLC. are some of the key players operating in the market for telepsychiatry. The companies in the market are introducing innovative apps and services to perform well in the crowded market.

 

For instance, in December 2020, the U.S.-based telehealth company, MeMD introduced telepsychiatry services to manage employee’s mental health issues amid the COVID-19 pandemic. It includes the “Healthy minds first program” providing employers and their employees to assess critical mental health behaviors. The launch is on the backdrop of the report published by the Center for Prevention and Health Services, which states that mental problems and drug abuse cost employers between USD 79 to 105 each year, collectively in the form of productivity, employee absence, and disability.

 

Previously, in October 2020, Teladoc Health introduced its new service Mental Health Care, enabling its employees to access the best lot of sleep therapists, psychologists, and psychiatrists through their phones, via mobile app. This new service will expand the company’s telehealth services, particularly into niche offerings, such as telepsychiatry.

 

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Polaris Market research has segmented the telepsychiatry market report on the basis of product, age group, end-use, and region:

Telepsychiatry, Product Outlook (Revenue – USD Million, 2016 – 2028)

• In-home solutions
• Forensic solutions
• Routine solutions
• Crisis solutions
• Others

Telepsychiatry, Age Group Outlook (Revenue – USD Million, 2016 – 2028)

• Adult
• Pediatric and Adolescent
• Geriatric

Telepsychiatry, End Use Outlook (Revenue – USD Million, 2016 – 2028)

• Community Mental Health Centers
• Specialty Care Settings
• Skilled Nursing Facilities
• Homecare
• Others

Read More : https://www.medgadget.com/2021/03/telepsychiatry-market-size-is-projected-to-reach-39-9-billion-by-2028-cagr-24-9-polaris-market-research.html

 

Bacterial And Viral Specimen Collection Market SWOT Analysis, Emerging Trends, Key Players, Future Scope | Forecast 2026

 The global bacterial and viral specimen collection market size is expected to reach USD 38.85 billion by 2027 according to a new study by Polaris Market Research. The report “Bacterial and Viral Specimen Collection Market Share, Size, Trends, Industry Analysis Report, Product (Bacterial, Viral); By Application (Diagnostics, Research), End-Use (Hospitals & Clinics, Home Testing, Research Laboratories), By Regions; Segment Forecast, 2020 – 2027” gives a detailed insight into current market dynamics and provides analysis on future market growth.

 

The global bacterial and viral specimen collection market is projected to grow at the rapid pace owing to the recent surge in infectious diseases, concerned investments in the transport media, and positive government policies. Furthermore, emergence of COVID-19 pandemic and the sudden surge need for viral specimen collection kits is expected to drive the market growth.

 

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The growing production of specimen collection products owing to the increasing incidences of COVID-19 infections across the developed and developing economies is expected to drive demand. Furthermore, the rising demand for rapid medical diagnostic kits owing to high accuracy and quicker results is likely to complement the demand for specimen collection products over the forecast period.

 

Segment Highlights

• The bacterial segment is estimated to account for largest revenue share in the global bacterial and viral specimen collection market owing to the government sponsored immunization and growing bacterial infections across the globe
• Diagnostic application segment accounted for the largest share in 2019 on account of the growing need for specimen collection products with the emergence of COVID-19 pandemic along with increasing prevalence of tuberculosis across developing economies
• On the basis of end-use, home tests segment is expected to witness fastest growth over the forecast period owing to the availability of wide range of home-based diagnostics products across the developed and developing economies
• North America accounted for the highest revenue share in 2019 owing to the presence of improved healthcare infrastructure in terms of microbial specimen collection and highly standardized and technologically enhanced laboratories

 

List of Key Players

• Puritan Medical Products
• Hardy Diagnostics
• Becton, Dickinson and Company
• DiaSorin
• COPAN Diagnostics
• Thermo Fisher Scientific, Inc.
• Others

 

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Polaris Market Research has segmented the bacterial and viral specimen collection market report on the basis of product, application, end-use, and region

Bacterial and Viral Specimen Collection, By Product Outlook (Revenue – USD Million, 2016 – 2027)

• Bacterial Specimen Collection
  • Swabs
  • Bacterial Transport Media
  • Blood Collection Kits
  • Others
• Viral Specimen Collection
  • Swabs
  • Bacterial Transport Media
  • Blood Collection Kits
  • Others

Bacterial and Viral Specimen Collection, By Application Outlook (Revenue – USD Million, 2016 – 2027)

• Diagnosis
• Research

Bacterial and Viral Specimen Collection, By End-Use Outlook (Revenue – USD Million, 2016 – 2027)

• Hospitals and Clinics
• Home Testing
• Research Laboratories

Read More : https://www.medgadget.com/2021/02/bacterial-viral-specimen-collection-market-to-surpass-38-85-billion-by-2027-cagr-14-4-polaris-market-research.html