Friday, 7 May 2021

Bacterial and Viral Specimen Market Share Business Opportunities and Latest Trends

 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

Biopharma Cold Chain Logistics Market SWOT Analysis, Growth Outlook, by Top Key Players

 The global biopharma cold chain logistics market size is expected to reach USD 26.8 Billion by 2027 according to a new study by Polaris Market Research. The Report “Biopharma Cold Chain Logistics Market Share, Size, Trends, Industry Analysis Report, By Component (Storage {Warehouse, and Refrigerated Container}, Transportation {Sea Freight Logistics, Air Freight Logistics, and Overland Logistics}, and Monitoring Components {Hardware [Sensors, RFID Devices, Telematics, and Networking Devices], and Software); By Regions; Segment Forecast, 2020 – 2027” gives a detailed insight into current market dynamics and provides analysis on future market growth.

 

The global market is anticipated to grow owing to the necessity of cold chain infrastructure in the supply chain network for the temperature sensitive vaccines and drugs, cost containment measures, and technology enabled services for real time monitoring. Moreover, government’s positive initiatives to reduce the wastage and enhancement of services at the local level is also expected to boost the investments in the concerned market.

 

The market is fragmented based on type, component, and region. In terms of type, the market is segmented into cold and non-cold. Based on component, the biopharma cold chain logistics market is bifurcated as storage, transportation, and monitoring components. Storage segment is further segmented as warehouse, and refrigerated container. Transportation is further segregated as sea freight logistics, air freight logistics, and overland logistics. Monitoring components is bifurcated as hardware and software.

 

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Segment Highlight :

  • The storage segment accounted for the largest revenue share in 2019 and is expected to continue its dominance over the forecast period on account of the growing demand for temperature-sensitive pharmaceuticals.
  • Monitoring components segment is expected to witness significant growth over the projected period on account of the increasing need to maintain safety and integrity of the biopharmaceuticals
  • North America accounted for the largest revenue share in 2019 owing to the growing demand for biopharma cold chain logistics and presence of several market players operating in the U.S. and Canada

List of Key Players

  • Air Canada
  • DB Schenker
  • Kuehne+ Nagel
  • United Parcel Service of America, Inc.
  • Deutsche Post AG

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Polaris Market Research has segmented the biopharma cold chain logistics market report on the basis of component and region

 

Biopharma Cold Chain Logistics, Component Outlook (Revenue – USD Million, 2016 – 2027)

  • Storage
  • Warehouse
  • Refrigerated Container
  • Transportation
  • Sea Freight Logistics
  • Air Freight Logistics
  • Overland Logistics
  • Monitoring Components
  • Hardware
  • Sensors
  • RFID Devices
  • Telematics
  • Networking Devices
  • Software

Biopharma Cold Chain Logistics, Regional Outlook (Revenue – USD Million, 2016 – 2027)

  • North America (U.S., Canada)
  • Europe (France, Germany, UK, Spain, Netherlands, Austria)
  • Asia Pacific (Japan, China, India, Malaysia, Indonesia. South Korea)
  • Latin America (Brazil, Mexico, Argentina)
  • MEA (Saudi Arabia, UAE, Israel, South Africa)

Read More : https://www.medgadget.com/2021/02/biopharma-cold-chain-logistics-market-size-worth-26-8-billion-by-2027-industry-players-air-canada-db-schenker-kuehne-nagel-agility-deutsche-post-ag-and-others.html

Synoptophore Market Size, Key Company Profiles, Types, Applications and Forecast

 The global synoptophore market size is predicted to reach USD 293.8 million by 2027 according to a new study by Polaris Market Research. The report “Synoptophore Market Share, Size, Trends, Industry Analysis Report, By Application (Diagnostics and Therapeutics); By Product (Manual and Automated); By End User (Hospitals, Clinics, Others); By Regions; Segment Forecast, 2020 – 2027” gives a detailed insight into current market dynamics and provides analysis on future market growth.

 

The synoptophore market is expected to witness substantial growth as the instrument is the primary and major choice in several eye imbalance ailments such as squint and benefits associated with synoptophore over other invasive techniques. For instance, as per the American Association for Pediatric Ophthalmology and Strabismus, approximately 4 percent of the U.S. population is affected by strabismus.

 

Rising prevalence of strabismus and squint in young and adult population coupled with rising incidence of stroke in adolescents is predicted to be the primary supporting factors for market growth. Moreover, increasing awareness for non-invasive techniques is predicted to propel the growth of the global market.

 

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Furthermore, the additional benefits of synoptophore in several eye defects which includes cyclophoria and retinal correspondence problem is predicted to provide new growth opportunities over the forecast period. The therapeutic use of the device for eccentric fixation and eye related disorders is further predicted to bring productive market growth opportunities.

 

 The major players in the market which are involved in product launches, acquisitions, and collaboration in order to build their product portfolio are: Shanghai Link Instrument Co. Ltd., Nanjing Redsun Optical Co., Ltd.; 6 6 VISION-TECH CO., LTD.; Haag-Streit group; Appasamy Associates; Prkamya Visions; Takagi Seiko Co., Ltd.; Gem Optical Instruments Industries.

 

 

In June 2020, Haag Streit completed the acquisition of Germany-based VRMagic providing simulators for the ophthalmology training. The acquisition is expected to complement Haag Streit training to its eye-care professionals. This will place the company as a major player and would enable to increase its footprint.

 

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Polaris Market Research has segmented the synoptophore market report on the basis of product type, application, end use, and region

 

Global Synoptophore Market, By Product (Revenue – USD Million, 2016 – 2027)

  • Manual
  • Automated

Global Synoptophore Market, By Application (Revenue – USD Million, 2016 – 2027)

  • Diagnostics
  • Therapeutics

Global Synoptophore Market, By End-Use (Revenue – USD Million, 2016 – 2027)

  • Hospitals
  • Clinics
  • Others

Global Synoptophore Regional Outlook (Revenue – USD Million, 2016 – 2027)

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

Read More : https://www.medgadget.com/2021/02/synoptophore-market-size-worth-293-8-million-by-2027-exclusive-study-by-polaris-market-research.html

Actigraphy Sensors and PSG Devices Market Size, Key Company Profiles, Types, Applications and Forecast

 The Global Actigraphy Sensor And PSG Devices Market Size Is Expected To Reach USD 1.65 Billion By 2027 According To A New Study By Polaris Market Research. The Report “Actigraphy Sensor And PSG Devices Market Share, Size, Trends, Industry Analysis Report, By Product Type (Actigraphy Devices; Polysomnography Devices); By Technology (Wireless, USB, GPS), By Distribution Channel (Retail Stores, Online Retail Stores, Pharmacies, Hospitals, Diagnostic Laboratories, Homecare Settings); By Regions; Segment Forecast, 2020 – 2027” Gives A Detailed Insight Into Current Market Dynamics And Provides Analysis On Future Market Growth.

 

Actigraphy And PSG Devices Play An Important Role In Management Of Sleep Disorders. Growing Prevalence Of Sleep Disorders And Alterations In Sleeping Patterns Has Led To Sleep Disorders Ranging From Minor Disturbances To Major Sleep Problems. While Chronic Sleep Disorders Make A Crucial Impact On Person’s Quality Of Life And Health, Management Of These Disorders At An Early Phase Is Quite Essential. As Increasing Number Of Patients Are Seeking Diagnostic Services To Secure Accurate Treatment For Sleep Disorders, The Demand For Actigraphy Sensors And PSG Devices Is Continuously Increasing.

 

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The Market Is Driven By Continuously Increasing Prevalence Of Insomnia, Stressed Lifestyle, Which In Turn Increases The Number Of People With Disturbed Sleep Cycle And Are The Potential Patients For Treatment. Adoption Of These Devices In Diagnostics And Inclusion In Treatment Plan Helps Patients To Achieve Better Patient Outcome. According To The Statistics Published By The Maternal And Child Health Bureau In The U.S., On An Average 60 Million People Suffer With One Or Other Sleeping Pattern Disorder.

 

With Increase In Demand For These Devices Market Participants Such As Fit Bit, Inc. Has Recently Announced The Launch Of New Enterprise Fit Bit Care, Thus Introducing The Launch Of Breakthrough Platform For Enhancing Wellness And Disease Management. This Platform Features Wide Range Of Devices Which Includes But Not Limited To Wearables And Tracking Devices.

 

These Lucrative Market Opportunities Are Leading To Mergers & Acquisitions In The Industry With Resmed, Inc. Acquiring Matrixcare And Garmin Ltd Collaborating With Actigraph To Diversify Their Offerings In This Product Segment. Companies Such As Somnomedics Gmbh, Resmed Inc., Recorders & Medicare Systems Pvt Ltd, Natus Medical, Inc., MEDISANA Gmbh, Koninklijke Philips N V, Garmin Ltd, Fitbit, Inc., Compumedics, Ltd, BMC Medical Co, Aetna Inc., And Activinsights Ltd. Are Some Of The Key Players Operating In The Global Market.

 

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Polaris Market Research Has Segmented The Actigraphy Sensors And PSG Devices Market Report On The Basis Of Product, Technology, And Distribution Channel, And Region

Actigraphy Sensors & PSG Devices Market, Product Outlook (Revenue – USD Million, 2016 – 2027)

  • Actigraphy Devices
  • Wrist And Handband Devices
  • Wearable Devices
  • Polysomnography Devices
  • Fixed
  • Portable

Actigraphy Sensors & PSG Devices Market Technology Outlook (Revenue – USD Million, 2016 – 2027)

  • Wireless
  • USB
  • GPS
  • Others

Actigraphy Sensors & PSG Devices Market Distribution Channel Outlook (Revenue – USD Million, 2016 – 2027)

  • Retail Stores
  • Online Retail Stores
  • Pharmacies
  • Hospitals
  • Diagnostic Laboratories
  • Homecare Settings

Actigraphy Sensors & PSG Devices Market Regional Outlook (Revenue – USD Million, 2016 – 2027)

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

 

Read More : Https://Www.Medgadget.Com/2021/02/Actigraphy-Sensor-And-Psg-Devices-Market-Size-Worth-1-65-Billion-By-2027-Exclusive-Study-By-Polaris-Market-Research.Html

Thursday, 6 May 2021

Carbon Dioxide Market SWOT Analysis, Growth Outlook, by Top Key Players 2026

 The global carbon dioxide (CO2) market is anticipated to reach USD 9.16 billion by 2026 and is anticipated to grow at a CAGR of 3.9 % from 2018 to 2026. The carbon dioxide (CO2) market is anticipated to witness significant growth over the forecast period. Increasing enhanced oil recovery operations by upstream players, in order to maintain their production levels, are expected to boost the market demand. Increasing use of carbon dioxide in application industries such as refrigeration, food & beverages, chemical wholesaling, and pharmaceuticals is projected to propel the market growth.

 

Growing demand for carbonated drinks and soda water is a major factor contributing to the market growth over the next nine years. The high cost of carbon dioxide capture, liquefaction, and transportation is anticipated to act as the key restraining factor for the market growth. Concerns regarding oversupply of carbon dioxide from numerous potential sources and the subsequent reduction in its price are likely to hamper the market growth.

 

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The industrial gases can be transported in the gaseous or liquid form via pipelines, ships, and road tankers. Currently, transporting the gas as a solid form is neither cost-effective nor feasible from an energy usage point of view. Pipelines are the most cost-effective mode of transport for large quantities of carbon dioxide. Economies of scale make it economic to transport 1 Mt to 5 Mt per year over 100 km to 500 km or 5 Mt to 20 Mt per year over 500 km to 2,000 km.

 

To overcome the problems caused by CO2 emission globally, governments have established various regulations and directives on Carbon Capture and Storage (CCS) for the safe storage and transportation of carbon dioxide. These legal frameworks contain provisions regarding the capture and transport components of CCS technology. Globally, government agencies have formulated various regulations for the proper storage and transportation of carbon dioxide. These regulations are beneficial for preventing environmental & health risks. In addition, these regulations also provide security of the carbon dioxide storage sites.

 

Companies are developing advanced CCS technologies for effectively capturing, purifying, liquefying, and storing of gas. These industry participants are also engaged in development of effective systems for the transportation of CO2, which include ships, pipelines, road and rail, tankers. CCS technology is more effective for CO2 in gas and liquid state.

 

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An Increase in the number of power plants and chemical industries is also contributing to the carbon dioxide production globally. Companies are installing CCS plants, which could be utilized for industrial use. The increasing demand for carbon dioxide in the end-use industries is a major factor contributing to the market growth. Increasing application of EOR technologies especially in the North American region, owing to a rising number of mature wells, is one of the major factors contributing to the growth of the market.

 

The rising application of EOR activities on account of an increasing number of matured oil and gas fields, the demand for carbon dioxide for utilization in these activities is also increasing. Hence, the growing carbon dioxide demand for EOR activities is expected to drive the CCS industry over the forecast period.

 

Since, CO2 is a waste byproduct of human respiration, its medical usage is limited. However, it is considered as one of the major medical gasses. In the medical industry, carbon dioxide is also used in cryotherapy and respiratory stimulation during & after administration anesthesia. In cryotherapy, frozen CO2 snow (–78.5°C) is used for destroying body cells by the process of crystallization. This process can also be used for the removal of skin tag, moles, and warts.

 

The cost of the carbon dioxide capture and storage technology along with a new plant set up is very high and this may not prove to be a viable solution for many industry players or even countries globally. Therefore, the high cost of CCS is expected to restrain the market in the near future.

 

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Smart Bathroom Market Size, Key Company Profiles, Types, Applications and Forecast

 The global Smart Bathroom Market size is anticipated to reach USD 9775.4 million by 2026, according to a new study published by Polaris Market Research. In 2017, the smart toilet segment dominated the overall market followed by touchless faucets. The North American region dominated the global market, in terms of revenue in 2017.

 

The growing demand for automation along with increasing costs associated with energy use increases the demand for Smart Bathroom solutions. The increasing integration of smart bathrooms in the development of smart homes, along with government regulations regarding energy use and emissions support the market growth. The rising adoption of Internet of Things (IoT), and smart devices boosts the adoption of smart bathroom solutions.  Other factors driving the market growth include growing penetration of mobile devices, technological advancements, and adoption of home automation solutions. New emerging markets, emerging consumer demographics, and increasing awareness among consumers regarding efficient energy use would provide growth opportunities for Smart Bathroom industry in the coming years.

 

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There has been an increasing use of digital faucets to conserve water and energy. Digital faucets decrease tap flow and manage digital temperature-control settings, conserving money and water. It uses infrared tap technology to monitor the user and turn off upon sensing removal of user’s hands from under the faucet. It uses programmable features, such as timed shower setting or a teeth-brushing option that runs for an allotted time frame.

 

 

Google has filed patents to enhance its offerings in this industry. The patents exhibit toilet seats and bath mats with embedded sensors with the capability to measure heart rate and body electrical patterns. It also describes a non-invasive camera in the bathroom mirror to detect skin color. These features provide health updates to users to monitor health regularly.

 

The primary factors driving the market growth in the North American region include established telecommunication industry and cloud infrastructure, rising penetration of mobile devices, technological advancements, and high investment in R&D. The introduction of favorable government regulations regarding energy usage and emissions, and rising awareness regarding use of energy efficient equipment boost the market in North America. The increasing concerns regarding personal hygiene, high disposable incomes, increasing development of smart homes, and growing adoption of connected devices and IoT further increase the demand of Smart Bathrooms in the region.

 

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The well-known companies profiled in the smart bathroom market report include Toto Ltd, Masco Corporation, Kohler Co., Duravit AG, Roca Sanitario S.A, Bradley Corporation, American Standard Brands, Cera Sanitaryware Ltd., Delta Faucet Company, and LIXIL Group Corporation. These companies launch new products and collaborate with other market leaders in the smart bathroom industry to innovate and launch new products to meet the increasing needs and requirements of consumers.

Cool Roof Coatings Market SWOT Analysis, Growth Outlook, by Top Key Players 2026

 Cool roof coatings have increasingly gained significance in the growing green construction sector on account of their efficient energy performance and and being a comfort alternative for consumers. The global cool roof coatings market is anticipated to witness a positive leap on the growth as the consumer awareness concerning products with lesser environmental impact grows rapidly along with the changing demographics. The global cool roof coatings market is expected to reach USD 5.95 billion by 2026 and is estimated to grow at a CAGR of 6.8 % from 2018 to 2026.

 

Cool roof coatings help to reduce the increased temperature due to the heat from that gets trapped inside the buildings. Thus, results in lower dependency on energy-consuming equipment such as air conditioners. It also helps in the reduction of costs concerning energy. Cool roof coatings help in mitigating the harmful UV radiation affects and structural deformations which might occur due to fluctuations in temperature.

 

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Technology advancements and material development have played as significant part in the growth of cool roof technologies. With the emergence of new polymers containing lower volatile organic compound (VOC) are anticipated to contribute to product demand as an environmental-friendly alternative. Regulations concerning limited or no quantity of VOC content in paints & coatings is expected to strengthen the demand of cool roof coatings market. Silicon based cool roof coatings are among the latest innovations.

 

Green buildings demand has also risen sharply, wherein green buildings incorporate unique construction features ensuring effective use of water and energy. These are characterized as those providing the required building performance during the whole building life-cycle coupled with minimizing consumption of conventional energy sources. Green buildings are certified as per programs such as Leadership in Energy and Environmental Design (LEED) which have further resulted in growth of environmentally-friendly coatings such as cool roof.

 

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North America is the largest regional market for the cool roof coatings followed by Europe. Increasing consumer preference and supportive government policies for curbing carbon footprint in North America is the major growth factor for the growth of cool roof coatings in the region. Asia Pacific is likely to witness the fastest growth during the forecast period on account of increasing demand from its growing economies such as India and Southeast Asian countries. China is expected to witness fast growth in demand due to extensive implementation of green building codes.

 

The global cool roof coatings market is highly competitive and is characterized by high degree of integration across the manufacturing stage and distribution. Some of the key reclaimed rubber market players KST Coatings (Sherwin-Williams), DowDupont, Nippon Paints, KST Coatings (Sherwin-Williams), Monarch Industries, Sika Sarnafil, Nutech Paints, Valspar Corporation, GAF Materials, and Excel Coatings.

 

Medical Disposable Market Size, Key Company Profiles, Types, Applications and Forecast

 The medical disposable market is anticipated to reach over USD 365.1 billion by 2026 according to a new research published by Polaris Market Research. In 2017, the drug delivery dominated the worldwide medical disposable industry. Asia-Pacific is anticipated to be the leading contributor to the global market revenue in 2017. The upward momentum of medical disposable in the hospitals, outpatient facility and other healthcare providers. The medical disposable market is primarily driven by increasing number of elderly populations, increasing need to limit the causes of infection, better performance, cost reliability, shelf life, and material. The reusable devices are considered to be relatively inexpensive in many different types, and increasing volume of production by the key players globally would also influence the market growth in the coming years.

 

Increasing number of technologically advanced products, and continuous research and development to also drive the market growth. Furthermore, increasing awareness in the patients for the use of medical disposable devices to also boost the market growth in the coming years. Also, increasing number of chronic diseases across the globe would also boost the market growth in the coming years.

 

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Based on the product type the medical disposable market is segmented as Wound Management, Drug Delivery, Dialysis, Nonwoven Incontinence, Respiratory Supplies, Diagnostic and Laboratory, and Sterilization. Similarly, on the basis of raw material, the market is segmented as Paper and Paperboard, Plastic Resin, Nonwoven Material, Metals, Glass, and Rubber. Plastic Resin is expected to be the fastest growing segment owning to its various application. End user for the medical disposable devices include Hospitals, Outpatient/Primary Care Facilities, and Home Healthcare.

  

North America generated the highest revenue in the Medical Disposable market in 2017, and is expected to be the leading region globally during the forecast period. Increasing demand healthcare facilities, increasing number of geriatric populations, and continuous mergers and acquisitions of the key players in the U.S. and Canada. Asia Pacific to also boost the market growth in coming years. The developing healthcare infrastructure of the countries in this region to be the major factor promoting the growth of this market during the forecast period. 

 

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The key players operating in the Medical Disposable market include Johnson & Johnson Services, Inc., 3M, Abbott Laboratories, Medtronic Plc., B. Braun Melsungen AG, Bayer AG, Smith and Nephew Plc., Medline Industries, Inc., Cardinal Health, and Becton, Dickinson & Company. The industry participants launch novel products with collaboration and partnership agreements with other companies to innovate and launch new products to meet the increasing needs and requirements of consumers.

Biohacking Market Share Business Opportunities and Latest Trends

The global biohacking market size is expected to reach USD 52,779.36 million by 2027 according to a new study by Polaris Market Research. The report “Biohacking Market Share, Size, Trends, Industry Analysis Report, By Type (Inside and Outside), By Product (Smart Drugs, Sensors, Strains,  and Others), By Application (Synthetic Biology, Genetic Engineering, Forensic Science, Diagnosis & Treatment, and Drug Testing), By End Use (Pharmaceutical & Biotechnology Companies, Forensic Laboratories, and Others), By Regions; Segment Forecast, 2020 –2027 gives a detailed insight into current market dynamics and provides analysis on future market growth.

 

Biohacking are biological experiments conducted in a small lab and are done by either individual or a small community. That is why biohacking is also called Do-It-Yourself (DIY). The biological experiments performed in garage labs could be genetic engineering, 3-D printing using light-sensitive bacteria. Furthermore, biohackers are in process as well as have developed various products to explore the human body and mind such as smart drugs, microchips, brain sensors, magnetic fingerprints, RFID implants, bacterial and yeast strains, smart blood pressure monitor and health tracker.

 

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For functional or aesthetic changes, biohackers have implemented technology to their own bodies. For instance, Artist Neil Harbission has exceptional color blindness due to which he used to see every object in grey color only. Later, he and his team had developed a software that transposes colors into vibration using a head-mounted camera extension.

 

 

The growing awareness about biohacking and the increasing prevalence of chronic diseases across the globe are the factors driving the growth of the market. Currently, the COVID-19 crisis has led to a rise in market growth for the pharma industries, and several R&D activities have been conducted by the companies to develop a suitable drug t as well as control the crisis. Therefore, increasing research & development activities by the company is the factor anticipated to fuel the market.

 

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However, the lack of cybersecurity practices and expertise, severe regulations that govern the genetic engineering experiments are anticipated to restrain the market growth during the projection period. On the other hand, lack of funding in research & development by the government yet remains another factor that limits the growth of the market. Furthermore, Salvia Bioelectronics, a Dutch startup company, is developing neurostimulation implantable device to stop chronic migraines. At its early stage of R&D, the company has successfully raised a fund of 1.8 million euros, in 2019. Additionally, smaller U.S. startups like CVRx has raised USD 340.6 million while Setpoint has raised USD 84.3 million. CVRx makes implant for heart failure treatment while Setpoint develops neuro devices for the treatment of arthritis and Crohn’s disease. This shows a great opportunity for biohackers.

 

 

Market participants such as Thync Global Inc., Apple, HVMN, Inc., Synbiota, Grindhouse Wetware, MoodMetric, THE ODIN, and Fitbit, Inc. are some of the key players operating in the market. The companies operating in the market are involved in the development of the product, strategic initiative, and regional expansion. For instance, Tim Cannon (co-founder of Grindhouse wetware) had implanted a circadia device into his arm. This was the very first event of body implantation. The Circadia device is capable of monitoring body temperature.

 

Read More : https://www.medgadget.com/2020/11/biohacking-market-size-worth-52779-36-million-by-2027-cagr-20-4-polaris-market-research.html

 

 

 

 


Automotive PCB Market Top Trends, Business Opportunity, and Growth Strategy

 The global Automotive PCB Market is anticipated to reach US$ 14.3 billion by 2026 according to a new research published by Polaris Market Research. In 2017, the passenger vehicles segment accounted for the highest Automotive PCB market share in terms of revenue. Asia-Pacific is expected to be the leading contributor to the global Automotive PCB market revenue in 2017.

 

The increase in the population worldwide and growth in global automotive industry majorly drives the Automotive PCB market growth. The increasing need for road safety, and growing demand for vehicles from emerging economies boost the Automotive PCB market growth. The rising penetration of electric and hybrid vehicles, growth in the demand for luxury, comfortable, and technologically advanced vehicles, and introduction of stringent government regulations regarding vehicular safety and emissions accelerate the growth of the Automotive PCB market. New emerging markets, and technological advancements would provide growth opportunities in the Automotive PCB market in the coming years.

 

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The demand for multilayer PCB has increased significantly over the years. The multilayer PCB has more than two layers, and at least three conductive layers of copper. This PCB is used in complex and large electrical tasks in very low space and compact circuit. The multilayer PCB is used in a wide range of applications like GPS technology, communication system, and data storage. Double layer PCB has a thin layer of conducting material on the top and bottom sides of the board. This PCB offers higher flexibility, reduced size, and relatively lower cost. The double layer PCB is used in controls, converter, HVAC application, and Power monitoring systems.

  

Asia-Pacific generated the highest Automotive PCB market share in terms of revenue in 2017. The growing urbanization, and rising population has accelerated the Automotive PCB market growth in the region. The introduction of stringent government regulations regarding vehicular safety and growing penetration of electric and hybrid vehicles accelerates the adoption of automotive PCB in the region. The strong growth in the automotive industry, technological advancements, and high investment in R&D are factors expected to drive the automotive PCB market growth in the region. 

 

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The economic growth in countries such as China, Japan, and India, rising living standards and growing disposable income further increases the demand of automobiles in the region. Expansion of global players into these countries to tap market potential boosts the growth of the automotive PCB market. Technological advancements and established R&D institutes in China and Japan further supplements the Automotive PCB market growth.

 

The well-known companies profiled in the Automotive PCB market report include Nippon Mektron, Samsung Electro-Mechanics, Delphi Automotive, Meiko Electronics, Tripod Technology, CMK Corporation, KCE Electronics, Unimicron Technolog, Daeduck Electronics, and Chin Poon Industrial 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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