Mindfulness Meditation Apps Market Global Industry Analysis By Trends, Future Demands, Growth Factors 2028

 Global Mindfulness Meditation Apps Industry: Opportunities in 2021

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.

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Refurbished Medical Imaging Equipment Market 2021 SWOT Analysis, Top Key Company Profiles and Latest Trends

 Global Refurbished Medical Imaging Equipment Industry: Opportunities in 2021

The global refurbished medical imaging equipment market size is expected to reach USD 21.14 billion by 2027 according to a new study by Polaris Market Research. The report “Refurbished Medical Imaging Equipment Market Share, Size, Trends, Industry Analysis Report, By Product Type (CT Scanners, MRI Scanners, X-ray Systems, Ultrasound Systems, SPECT and PET Scanners, Urology Equipment, Neurology Equipment, Endoscopy Equipment, IV Therapy Systems, and Others); By End User (Hospitals, Diagnostic Imaging Centers, and Others), By Regions; Segment Forecast, 2020 –2027” gives a detailed insight into current market dynamics and provides analysis on future market growth.

 

Refurbished equipment is second hand old equipment restoring the devices to original condition without damage to the specifications. The safety and effectiveness of the refurbished equipment is comparable to new devices. In refurbishment process the equipment will undergo changes like decontamination, calibration, repair, software upgrade, cosmetic rehabilitation, replacement of worn parts, and other procedures to match to original OEM specifications.

 

The OEM refurbished equipment is good alternative to new products, as these systems undergo complete set of industrial procedures and available with high quality, lower price and manufacturer warranty. Hence, adoption of refurbished products helps hospitals and diagnostics centres to reduce the investments on infrastructure.

 

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The refurbished medical imaging equipment is cost-effective which can be bought for as low as 30% to 70% of the original equipment cost. The cost of these second hand devices, depending on features, age of the system and the condition. By purchasing refurbished equipment, the hospitals can upgrade their imaging capability at the lower cost.

  

The market growth is primarily attributed to increasing demand for cost-effective medical imaging equipment, increasing adoption of refurbished equipment in private healthcare sector, tax incentives, extended service life of refurbished equipment and growing e commerce. There is an increasing demand for low cost medical imaging equipment by small and mid-level hospitals, diagnostic centres and private medical institutions due to lack of enough financial resources.

 

Emerging and low income countries are the lucrative target destination for the concerned market. In India, district, municipal and less sophisticated hospitals often go for used medical devices due to budget constraints. Indian hospitals demand continuous service back-up for instruments and the spare parts being sold and international companies need to have liaison offices in the country to promote the sale of these devices.

 

Market participants such as GE Healthcare, Siemens Healthineers, Koninklijke Philips N.V., Block Imaging, SOMA TECH INTL., US Med-Equip, Avante Health Solutions, Everx Pvt Ltd., Integrity Medical Systems, Inc., Radiology Oncology Systems, Inc., Master Medical Equipment, Hilditch Group, Fair Medical Co. Ltd., Future Health Concepts, US Medical Systems, LLC., Nationwide Imaging Services, Pacific Healthcare Imaging, LLC, Venture Medical ReQuip, Inc., Desert Tech Medical Systems, and Hi Tech International Group, Inc. are operating in the concerned market.

 

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The companies in the market are focussing on acquisitions to increase their market share. For instance, recently in February 2020, the U.S., based supplier of refurbished medical equipment Probo Medical, announced the acquisition of Elite Medical Technologies, LLC and Future Medical Equipment, Ltd. The former is the renowned re-seller of the pre-owned digital medical devices, while the latter is specialized in de-installation and sales of second hand equipment.

 

Polaris Market Research has segmented the refurbished medical imaging equipment market report on the basis of product type, end-use, and region

 

Refurbished Medical Imaging Equipment by Product Type Outlook (Revenue-USD Million, 2016 – 2027)

• CT Scanners
• MRI Scanners
• X-ray Systems
• Ultrasound Systems
• SPECT and PET Scanners
• Urology Equipment
• Neurology Equipment
• Endoscopy Equipment
• IV Therapy Systems
• Others

Refurbished Medical Imaging Equipment by End-Use Outlook (Revenue – USD Million, 2016 – 2027)

• Hospitals
• Diagnostic Imaging Centers
• Others

Refurbished Medical Imaging Equipment by Regional Outlook (Revenue – USD Million, 2016 – 2027)

• 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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Meningitis Diagnosis and Treatment Market SWOT Analysis, Growth Rate of Top Manufacturers Profiles

 Global Meningitis Diagnosis and Treatment Industry: Opportunities in 2021

The Meningitis Diagnosis and Treatment Market size is anticipated to reach over USD 157.8 million by 2026. In 2017, the bacterial type dominated the global market, in terms of revenue. Asia-Pacific is expected to be the fastest growing contributor to the global market revenue in 2017.

 

Swelling to the meninges is known as meningitis. Meningitis affects the meninges, the membranes that covers spinal cord and brain that protect the central nervous system (CNS) along with the cerebrospinal fluid. Meningitis can cause by bacteria, fungal and virus. Bacterial infection is the most common meningitis. Some of the bacteria that can cause bacterial meningitis are Group B Streptococcus and Streptococcus pneumoniae (S. pneumoniae). Other types of meningitis are non-infectious meningitis, viral, parasitic, and fungal. However, the bacterial type is the most lethal which is considered as life-threatening type.

 

Other factors causing meningitis are HIV, tuberculosis, and certain illness. According to the World Health Organization (WHO), Human Immunodeficiency Virus (HIV) is major infectious disease. According to the same reports, around 36.7 million people across the globe were living with HIV during 2017. Such high prevalence of transferable illnesses is expected to drive the demand for diagnostic tests. Meningitis diagnostic test are carried out on human samples in order to prevent meningitis and/or diagnose meningitis and regulate drug therapies.

 

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The growing investments on the R&D for efficient diagnosis and the treatment of such critical disease and rising occurrence of meningitis cases are the major factors estimated to boost the growth of the market. In addition, development of new technologies as well as devices and continuous growth of the medical device sector are other factors driving the market growth. However, strict regulatory guidelines and unawareness regarding the treatments and diagnosis are estimated to hamper the market growth.

 

The industry is segmented on the basis of type, diagnostic test, end user, and geography. Based on type, the market is bacterial, viral and fungal. on the basis of diagnostic tests, the market is segmented into PCR Assay, Lateral Flow Assay, Latex Agglutination Tests, ELISA Tests, and Culture Test. By end user, the market is further bifurcated as hospitals, diagnostic centers and others.

 

The market for meningitis diagnosis and treatment in North America generated the highest revenue in 2017, and is expected to be the leading region globally during the forecast period. Availability of technologically advanced devices as well as high adoption rate for such diagnosis devices, and the increasing investment on early diagnosis of diseases are major factors associated with the high market share in the region. Additionally, upsurge in the awareness regarding several brain disease including meningitis among the patients estimated to bolster the market growth in North America.

 

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Asia Pacific is estimated to be the fastest growing region in terms of revenue. High occurrence of people suffering from meningitis along with increasing focus early diagnosis and treatment for the disease, provides significant growth opportunities of the market in APAC.

 

The major key players operating in the meningitis diagnosis and treatment industry include Thermo Fisher Scientific, Inc., Fast Track Diagnostics Ltd. (FTD) – Siemens Healthineers, Bio-Rad Laboratories, Inc., IMMY, BioFire Diagnostics, Nanosphere (Luminex Corporation), Seegene Inc., Qnostics, ELITechGroup, and Abbott Laboratories. 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.

 

Polaris Market Research has segmented the global Meningitis Diagnosis and Treatment Market on the basis of type, diagnostic test, end user and region:

 Meningitis Diagnosis and Treatment by Type Outlook (Revenue, USD Million, 2015 – 2026)

• Bacterial
• Fungal
• Viral

Meningitis Diagnosis and Treatment by Diagnostic Test Outlook (Revenue, USD Million, 2015 – 2026)

• PCR Assay
• Lateral Flow Assay
• Latex Agglutination Tests
• ELISA Tests
• Culture Test

Meningitis Diagnosis and Treatment by End-User Outlook (Revenue, USD Million, 2015 – 2026)

• Hospitals
• Diagnostic Centers
• Others

 

 

US Midstream Oil & Gas Equipment Market Analysis, Revenue, Price, Share, Growth Rate, Forecast To 2028

 Global US Midstream Oil & Gas Equipment Industry: Opportunities in 2021

 

The U.S. midstream oil & gas equipment market is anticipated to reach USD 983.73 billion by 2026 according to a new study published by Polaris Market Research.

 

Crude oil refinery industry in the U.S. has been gaining momentum rapidly since the low crude oil price era. By the end of 2017, the country hosted a total of 141 operating refineries with an overall crude distillation capacity of approximately 18.62 million barrels per calendar day and 19.80 million barrels per steam day. The refining capacity has increased 300,000 bpcd in 2017. Such increase in capacity and complexity in the country, demand for midstream equipments will increase significantly over the forecast period.

 

The country is one of the leading five global exporters with an average of USD 22 billion for the past four years. The increasing demand for transportation fuels along with the rising complexity for clean fuels, there are legal and regulatory constraints that have actually threatened to higher global trade in many of the U.S. strategic export is driving the U.S. midstream oil & gas equipment market. The country’s exporters have been facing requirements of local contents, trade restrictions, labor requirements and rising cost along with decreasing competitiveness of U.S. exports due to growing Chinese and some European markets.

 

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The suppliers in the country face significant competition from the Korean, German and the Chinese players. By competition, the U.S. industry participants have been particularly competitive in manufacturing of gas treating and processing equipments, compressors, automatic valves, storage tanks etc. These specific trends in manufacturing of these equipments are likely to continue with the country’s exports weighted more towards specialized high tech equipments especially relating to heavy oil processing influencing the industry growth of U.S. midstream oil & gas equipment market during the forecast period.

 

The share of U.S. made equipments and appliances sector is projected to remain competitive in over the next three to four years, the country’s share of equipments being exported to the global markets, as a part of the global midstream equipment exports to the worldwide market, has reduced moderately. This is actually owing to its increasing domestic consumption during the past three years, however it is also a sign of higher competition from foreign manufacturers, as the other nations has significantly increased its share of export to the U.S. midstream oil & gas equipment market.

 

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The Southwest was the largest regional market in 2017. Texas and Oklahoma are the major contributors to the region’s high demand. Both the states host 35 refineries with Texas accounting for 30 of them. Another two refineries are planned in Texas and are to be operational by 2019. These have been planned to process the shale fuels from the Egale Ford and Permain Basin shale reserves. Construction of these refineries has been the major factor driving demand for these equipments in the region apart from the ones used for maintenance and repair operations making southwest the largest region in the U.S. midstream oil & gas equipment market.

 

Some of the leading industry participants in the U.S. midstream oil & gas equipment market include Abbot Group, Transocean, Zenith Oilfield Technology, National Oilwell Varco Incorporated, Schlumberger, Weatherford International, Halliburton Company, ENI, Baker Hughes, Cameron International, FMC Technologies, Aker Solutions.

Waterborne Coatings Market 2021 SWOT Analysis, Top Key Company Profiles and Latest Trends

 Waterborne Coatings Market Worth $235.3 Billion by 2026 | CAGR: 6.2%

 

Waterborne coatings are advanced solutions of the coating products with lesser environmental impact. These products use water as the solvent medium and have lower harmful emissions as compared to the solvent borne ones. The global water borne coatings are primarily driven by the growth of end-use applications such as construction, general industries, and automotive.

 

Rising construction activities coupled with the maintenance of the existing structures has tremendously driven the demand for these products. Protection of the surface and decoration are two main functions of these products that are of considerable economic importance. As water borne these products is the result of technological development in the paints & coatings industry and is an environmentally-friendly options, it is rapidly becoming preferred option by many consumers around the globe.

 

The industry has also witnessed significant advancements in terms of the resin materials for the coatings formulation. Polyurethane based waterborne coatings are the result of such developments and are used widely on account of lower volatile organic compound (VOC) emissions. Moreover, real-time polymer monitoring systems have optimized the production of many such polymers, which are widely used in the manufacturing of the coatings.

 

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Further trends in the materials for these products include UV-cure coating formulations and “intelligent binders” in protective water borne coatings. These are new, viable, and attractive options for applications in polymer coaters, OEMs, contract coaters, extruders, thermoformers, and formed polymers.

 

The growth of industry is also a result of the favorable regulatory framework, however, the scenario became increasingly complex and expensive for the coating suppliers when the trend started. Numerous regulatory agencies such as REACH and ECHA have prescribed standards for reduction of harmful emissions in the environment from solvent borne coatings. This trend resulted in the growth of eco-friendly coating segments such as water borne and powder.

 

The market has wide scope in almost all the regions of the world with Asia Pacific as the fastest growing regional player. China, India, Japan, and South Korea are significant contributors for this regional growth. North America and Europe are the mature waterborne coating markets with an average growth rate slower than Asia Pacific in the near future.

 

The global industry constitutes of large number of domestic and international players. Some of the key market players include PPG Industries, Inc, BASF SE, Axalta Coatings, DowDuPont, Sherwin-Williams Company, and AkzoNobel NV. Other notable manufacturers include RPM International, Kansai Paint Company Ltd., The Valspar Corporation, and Jotun Group.

 

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Capacitive Sensors Market 2021 SWOT Analysis, Top Key Company Profiles and Latest Trends

 Global Capacitive Sensors Industry: Opportunities in 2021

The worldwide Capacitive Sensors Market is anticipated to reach around USD 40 billion by 2026 according to a new research published by Polaris Market Research. In 2017, the consumer electronics segment dominated the global market, in terms of revenue. In 2017, Asia-Pacific accounted for the majority share in the global Capacitive Sensors market.Capacitive Sensors Market Is Expected to Reach USD 40 Billion in 2026

 

The demand for capacitive sensors has increased owing to rising demand for consumer electronics, growing demand for vehicles from emerging economies, and modernization of vehicles. The rising use of capacitive sensors in consumer devices, and growing demand from healthcare sector has resulted in the capacitive sensors market growth. The rising adoption of touch screen displays, and connected devices has increased the demand for capacitive sensors across the globe.

 

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The growing implementation of scratch-resistant non-glass surfaces, and miniaturization of sensors further accelerates the adoption of capacitive sensors. Growing demand from emerging economies, development of smart devices, increasing adoption of IoT, and technological advancements are factors expected to provide numerous growth opportunities in the coming years.

 

The leading companies profiled in the Capacitive Sensors Market report include Infineon Technologies AG, NXP Semiconductors N.V., Texas Instruments, Inc., 3M Company, Fujitsu Limited, Cypress Semiconductor Corporation, Analog Devices Inc., TPK Holding Co. Ltd., Siemens AG, and STMicroelectronics NV. 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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In 2017, Asia-Pacific accounted for the highest share in the global Capacitive Sensors market. The primary factors driving the Capacitive Sensors market growth in the region include established automotive industry, rising demand for consumer electronics, technological advancements, and high investment in R&D. The economic growth in countries such as China, Japan, and India, increasing development of smart technologies, and rising disposable income of consumers further increases the demand of Capacitive Sensors in the region.

  

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Activated Carbon Market 2021 SWOT Analysis, Top Key Company Profiles and Latest Trends

 According to a new study published by Polaris Market Research the global Activated Carbon Market is anticipated to reach USD 13.44 billion by 2026.

 

Activated carbon is a widely used adsorbent and a major component in industrial processes. Composed of homogenous and micro porous structures along with higher surface areas it shows immense stability for radiation. Stringent regulatory framework mainly in the U.S. and China markets are expected to drive the activated carbon market growth. In these markets, along with other industrially developing countries, stringent regulatory framework have reflected rising emphasis on removal of mercury. This in contrast stringent regulatory framework and stepped up enforcements have stem them from efforts to fight water and air pollution caused due to rapid industrialization.

 

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Increasing manufacturing activities in several industrializing countries have also added to product demand for the activated carbon market. Globally developing and increasing output from the pharmaceuticals and chemicals sector have also augmented for higher product demand due to increasing need of activated carbon for purifying feed water and several other components during manufacturing processes. Yearly increasing production of vehicles are supporting demand for activated carbon, owing to the fact that developing and even developed countries implement rigorous standards for emission from motor vehicles, thus creating the need for larger activated carbon based canisters.

 

Activated carbon injection technology has gained immense popularity as a primary technology for mercury removal mainly in coal-fired power plants, solid waste incinerators, cement plants and industrial boilers. Several European countries and Canada has also framed mercury emission standards, however these are not as stringent as that of in the U.S. Disinfection byproduct limit for water used for consumption is also projected to drive product demand for activated carbon market over the forecast period. This is however a mature application in most of the developed countries, but for the emerging nation especially for the Asia pacific region it is a promising end-use segment.

 

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The process for manufacturing of high performance activated carbons do not comply with the regulatory schemes of every developed nation and hence import or export of the products is a tedious task. Regenerated activated carbons do not retain efficiency to its full potential and increasing availability of effective yet inexpensive alternatives for activated carbon is a serious threat to the industry growth.

 

North America activated carbon market was the leading region in 2017. The U.S. Environment Protection Agency framed new forces of air and mercury toxic standards last year. These regulations require significant reductions for removal of mercury emitted from industrial processes. Stringent regulations for emission control in the country are the main reason that will increase demand for the product over the forecast period. Asia Pacific activated carbon market is anticipated to be the fastest growing market by 2026. China is the leading market in the region and implementation of their new five year plan for cutting down emission will drive product the activated carbon market demand over the forecast period.

 

Some of the leading industry participants in the activated carbon market include Oxbow Activated Carbon LLC, Prominent Systems Inc. , Silcarbon Aktivkohle GmbH , Donau Carbon GmbH , Kureha Corporation , Haycarb PLC  , Kuraray Co. Ltd , Calgon Carbon Corporation , Cabot Corporation  and Osaka Gas Co., Ltd.

 

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Automotive v2x Market 2021 SWOT Analysis, Top Key Company Profiles and Latest Trends

 Global Automotive v2x Industry: Opportunities in 2021

The worldwide automotive V2X market is anticipated to reach around USD 33,246 million by 2026 according to a new research published by Polaris Market Research. In 2017, the passenger vehicles segment dominated the global market, in terms of revenue. In 2017, Asia-Pacific accounted for the majority share in the global automotive V2X market.

 

The expanding global automotive industry, along with increasing popularity of autonomous vehicles majorly drives the automotive V2X market growth. The adoption of automotive V2X systems has increased significantly owing to increasing road traffic, growing incidences of road accidents, and growing need to improve road safety. 

 

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The increasing traffic congestion across the globe, growing environmental concerns, and rising demand for advanced vehicles further accelerate the adoption of automotive V2X systems in the coming years. Other factors driving the market growth include growing disposable income, technological advancements, and changing lifestyles. New emerging markets, emerging consumer demographics, and stringent government regulations would provide growth opportunities for Automotive V2X market in the coming years.

 

In 2017, Asia-Pacific accounted for the highest share in the global automotive V2X market. Established automotive industry, technological advancements, and high investment in R&D are factors expected to drive the market growth in the region. The introduction of stringent government regulations for vehicular and road safety accelerates the adoption of automotive V2X systems in the region. The rising need to efficiently manage traffic flow, and improve road safety has boosted the adoption of V2X technology. The economic growth in countries such as China and India, leading to rising living standards and high disposable income coupled with expansion of global players into these countries to tap market potential boosts the market growth.

 

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The companies operating in this market include Delphi Automotive PLC, Robert Bosch GmbH, NXP Semiconductors, TomTom International B.V., Cisco Systems, Inc., Continental AG, Infineon Technologies, Harman International, Qualcomm, and Cohda Wireless. These companies launch new products and collaborate with other market leaders to innovate and launch new products to meet the increasing needs and requirements of consumers.

 

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