IBM Watson Services Market 2021 SWOT Analysis, Top Key Company Profiles and Latest Trends

 Global IBM Watson Services Industry: A Latest Research Report to Share Market Insights and Dynamics

The global IBM Watson services market size is expected to reach USD 16.5 billion by 2027 according to a new study by Polaris Market Research. The report “IBM Watson Services Market Share, Size, Trends, Industry Analysis Report, By Service Type (Watson Language, Watson Data Insights, Watson Speech, and Watson Vision Services); By End Use (Healthcare, BFSI, Retail, Discrete & Process Manufacturing, Telecom, Media & Entertainment, Transportation & Logistics, Government, Travel & Tourism, Education, and Others); By Regions; Segment Forecast, 2020 –2027” gives a detailed insight into current market dynamics and provides analysis on future market growth.

 

The IBM Watson is a disruptive technology which ensures higher efficiency and agility for the enterprises. IBM has been capitalizing on its Watson services to tap potential opportunities in key areas such as internet of things (IoT), security, analytics, and healthcare. IBM Watson services power advertisements for aiding them in generating authentic content, which includes food ingredient-based customized recipe by assessing taste trends of consumers worldwide.

 

The technology across the world is changing at a rapid pace, with the advent of machine learning and artificial intelligence to take quicker informed decisions by key stakeholders in the industry. Uptake of artificial intelligence and cognitive computing has seen a multitude of interest and venture capital investment, creating a positive narrative of being a next big thing in the future. With the use of natural language processing (NLP), data mining, and advanced text analytics, cognitive systems have been assisting doctors in diagnosing diseases and making faster decisions. They are also optimizing patient selection for clinical trials with intelligence matching.

 

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On an average, an individual utilizes more than 1,100 terabytes of data during a lifetime, around 0.4 being used to keep health-related records in the form of electronic and medical health records, lab results, pathology reports, radiology reports, voice recordings, and insurance claims. Besides, the revolution in the field of medical devices, healthcare facilities, and new types of drugs, the importance of data generated from the patients have been drawing the attention of the related authorities and personnel. However, most of these data are unstructured and fragmented and can create mess when piled up in large volumes.

 

Approximately 20 per cent of patient accounted for more than 80 per cent of the total healthcare costs. After artificial intelligence and cognitive computing has come into play, the experience of this cross section of patients seems to have changed largely. As of now, IBM’s Watson Care Manager has been managing around 147,000 patients’ care plans worldwide.

 

Media and entertainment industry has also been influenced by IBM Watson. With the use of IBM Watson in Wimbledon 2017, best shots of the tournament were highlighted by the video editors in very less time, which were unarguably the best shots. Had it been done by the editors manually, it would have taken a great time.

 

Market participants such as IBM Corporation, DXC technology Limited, Tata Consultancy Services, Capgemini SE, Wipro Limited, KPMG International, Accenture Plc, Deloitte Touche Tohmatsu Ltd., Tech Mahindra limited, Infosys Limited, HCL Limited, Datamato Technologies Private Ltd., and Mainline Information Systems, Inc. are some of the key players operating in the IBM Watson services market.

 

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Automotive Interior Materials Market SWOT Analysis, Growth Rate of Top Manufacturers Profiles

 Global Automotive Interior Materials Industry: A Latest Research Report to Share Market Insights and Dynamics

The global automotive interior materials market is anticipated to reach USD 132.82 billion by 2026 according to a new study published by Polaris Market Research. Global automotive interior material industry is expected to grow significantly over the forecast period from 2018 to 2026 owing to numerous advancements that is driven by a strong rebound in worldwide weight saving and aesthetic appearance primarily in Western Europe, North America and Asia Pacific are projected to augment demand for light weight interior material. Demand from passenger car segment will also grow at a higher pace in comparison to its counterparts that will benefit from an improved weight shaving and aesthetic appeal.

 

Automotive interior materials are directly related with the vehicle manufacturing status. Thus, the market’s directions are meticulously reliant on production and demand of vehicles. Moreover, the automotive interior materials market is also governed by government regulations and rules, exclusively for the genuine leather industry; availability and pricing of automotive interior materials. Rise in disposable income has also led towards the rise in demand for vehicle in emerging countries such as Brazil, China and India are supporting the demand for automotive interior materials. Intramural substitution for several materials is expected to take place in the automotive interior materials market. For example, synthetic PU, fabrics or PVC leather are generally used as a substitute for genuine leather material. Increasing emphasis on interior compartments of a vehicle and taken on priority by OEMs as well as customers.

 

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On the basis of regions, the automotive interior material is segmented into North America, Asia Pacific, Europe and Middle East & Africa. Asia Pacific being the largest manufacturer of automotive vehicle special passenger cars, is expected to hold the lion’s share of the automotive interior materials market. Rising disposable income among the population of Asia Pacific is further going to raise the demand for premium materials such as composites, alloys and genuine leather. Europe is the next largest share hold in the automotive interior material market. Amongst Europe, Western Europe is expected to hold the prime share in the market. North America with its slow growth rate in vehicle production is expected to show a neutral growth rate in the automotive interior material market.

 

Some of leading industry participants include Fauracia SA, Lear Corporation, Toyota Boshoku Corporatio, Borgers SE & Co, DK Leather Corporation Berhad, Johnson Controls, Grupo Antolin, Takata Corporation, Yanfeng Automotive Interiors, Magna International, Hyundai Mobis Co and Calsonic Kensei Corporation among others.

 

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Advanced Driver Assistance Systems Market 2021 SWOT Analysis, Top Key Company Profiles and Latest Trends

 Global Advanced Driver Assistance Systems Industry: A Latest Research Report to Share Market Insights and Dynamics

The global Advanced Driver Assistance Systems (ADAS) market was valued at $19.8 billion in 2017 and is expected to reach $110.2 Billion By 2026  and is anticipated to grow at a CAGR of 21.4% during the forecast period. Advanced Driver Assistance Systems offer improved passenger experience, comfort, and safety to vehicles and drivers. Integration of advanced driver assistance systems into vehicles enable enhanced situational awareness and control for easier and safer driving experience.  Some components enabling efficient functioning of Advanced Driver Assistance Systems include LiDAR, sensors, radar systems, artificial intelligence software, and GPS among others.

 

The demand for Advanced Driver Assistance Systems or ADAS has increased over the years owing to rising concerns regarding road safety, and growing incidents of road accidents. Growing penetration of connected cars, and rising adoption of IOT further boosts the market growth. The increasing advancements in technologies, growing adoption of electric vehicles, and rising investments in R&D and technological innovation further supplement the growth of this market. Increasing demand for luxury vehicles, and rising development of autonomous vehicles are factors expected to offer numerous growth opportunities during the forecast period.

 

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The report provides an extensive qualitative and quantitative analysis of the market trends and growth prospects of the Global Advanced Driver Assistance Systems Market, 2017-2026. This report comprises a detailed geographic distribution of the market across North America, Europe, Asia-Pacific, Latin America, and MEA. North America is further segmented into U.S., Canada, and Mexico. Europe is divided into Germany, UK, Italy, France, and Rest of Europe. Asia-Pacific is bifurcated into China, India, Japan, and Rest of Asia-Pacific.

 

North America generated the highest revenue in 2017 owing to increasing incidents of road accidents and growing safety concerns. High disposable income, and improved living standards in the region support market growth. Technological advancements in the region, along with presence of leading market players is expected to boost the adoption of Advanced Driver Assistance Systems in North America.

 

Competitive Landscape and Key Vendors

The global Advanced Driver Assistance Systems market is characterized by the presence of well-diversified international and small and medium-sized vendors. These companies are consistently launching new products to enhance their offerings in the market. With the advancement of technologies, companies are innovating and introducing new customized products to cater the growing needs of the customers. Leading companies are also acquiring other companies, and enhancing their product offerings to improve their market reach. Acquisitions enable key players to increase their market potential in terms of geographic expansion and expansion of customer base.

 

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The leading companies profiled in the report include Denso Corporation, Robert Bosch GmbH, Infineon Technologies AG, Continental AG, Intel Corporation, Texas Instruments, Valeo S.A., Magna International, Inc., Autoliv Inc., and Garmin Ltd.

 

Key Segments Outlook

System

• Adaptive Cruise Control (ACC)
• Lane Departure Warning (LDW)
• Blind Spot Detection (BSD)
• Night Vision System (NVS)
• Intelligent Park Assist (IPA)
• Driver Monitoring System (DMS)
• Adaptive Front Light (AFL)
• Tire Pressure Monitoring System (TPMS)
• Autonomous Emergency Braking System (AEB)
• Forward Collision Warning (FCW)
• Others

Component

• Hardware
  • Sensors
    • LiDAR Sensor
    • Camera Unit
    • Ultrasonic Sensor
    • Radar Sensor
  • Processors
    • Electronic Control Units (ECU)
    • Microcontroller Units (MCU)
  • Software
  • Services

Vehicle Type

• Passenger Vehicles
• Commercial Vehicles

Electric Vehicle Type

• Battery Electric Vehicle (BEV)
• Hybrid Electric Vehicle (HEV)
• Plug-in Hybrid Electric Vehicle (PHEV)
• Fuel Cell Electric Vehicle (FCEV)

 

Remote Patient Monitoring Devices Market 2021 SWOT Analysis, Top Key Company Profiles and Latest Trends

 The Global Remote Patient Monitoring Devices Market Size is anticipated to reach over USD 1,882.75 Million by 2025 according to a new research published by Polaris Market Research.

 

Remote patient monitoring technology comprises devices such as glucose meters, blood pressure monitoring system, and other portable devices that are used by patients at a remote location. Growing usage of smartphones and increasing the expansion of the smartphone applications that are linked to the monitoring devices further helps in transmitting and recording person’s health-related data to the healthcare suppliers or specialists.

 

The rise in the implementation rate of remote patient monitoring devices, increasing number of geriatric population, and growing incidence of patients suffering from different lifestyle diseases are the major factor boosting the global remote patient monitoring devices market. With the increasing development in wireless technology, such monitoring devices are used to remotely monitor the physical parameters of the person such as heart rate, blood pressure, blood glucose level, and provide proper treatment if necessary. However, the high cost associated with this device, stringent reimbursement guidelines and issues correlated with the government regulations are some of the factors anticipated to hinder the global market growth.

 

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The global Remote Patient Monitoring Devices Market is segmented on the basis of product type, application, end user, and geography.

 

On the basis of product type, the global Remote Patient Monitoring Devices Market is segmented into Heart Rate Monitors, Heart Monitors, Blood Pressure Monitors, Sleep Apnea Monitors, Breath Monitors, Weight Monitors, Blood Glucose Monitors, Infusion Pumps, and Body Temperature Monitors. On the basis of product type, Heart rate monitor is estimated to dominate the product segment owing to growing global incidences of cardiovascular incidence. The increase in the number of people with cardiac diseases has led to the augmented use of such monitoring devices.

  

On the basis of application, the global Remote Patient Monitoring Devices Market is segmented into Cancer Treatment, Cardiovascular Diseases Treatment, Diabetes Treatment, Sleep Disorder Treatment, Weight Management and Fitness Monitoring. In 2017, cardiovascular disease treatment is estimated to dominate the market growth majorly owing to the increasing incidences of cardiovascular diseases. On the basis of the end user, the global Remote Patient Monitoring Devices Market is segmented into Hospitals, Ambulatory Surgical Centers, and Homecare settings.

 

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On the basis of region, the global Remote Patient Monitoring Devices Market is segmented into North America, Europe, Asia Pacific, Latin America, and Middle East & Africa. North America was estimated to dominate the global Remote Patient Monitoring Devices Market. The dominance is majorly attributed to the increasing occurrences of chronic diseases, growing demand for wireless and portable systems, increased level of healthcare spending, growing number of geriatric population, and favorable reimbursement scenarios in this region. However, Asia Pacific is expected to dominate the global Remote Patient Monitoring Devices Market during the forecast. Rising disposable income, high presence of untapped market opportunities primarily in developing economies, advancement in technology, supportive government initiatives are some of the factors expected to significantly boost the Remote Patient Monitoring Devices Market in the Asia Pacific.

 

Some major key players in global Remote Patient Monitoring Devices Market include Hoffmann-La Roche Ltd., AMD Global Telemedicine, Honeywell International Inc., Omron Healthcare, Smiths Medical, Medtronic among others. The object of the key market players is to deliver better chronic care administration while keeping the cost low. In addition, the companies are concentrating on producing easy-to-use monitoring devices that can aid patients to accomplish conditions including diabetes or heart diseases better by avoiding costly medical processes.

 

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Coating Additives Market Global Industry Analysis By Trends, Future Demands, Growth Factors 2028

 Global Coating Additives Industry: A Latest Research Report to Share Market Insights and Dynamics

The global coating additives market size is anticipated to reach $11.91 billion by 2026, growing at a CAGR of 4.8% during the forecast period, according to a report published by Polaris Market Research.  The report ‘Coating Additives Market By Product Type (Metallic, Acrylic, Urethane, Fluor polymer & Others), By Formulation (Solvent-Borne, Water-Borne and Powder-Based), By Function (Wetting & Dispersion, Anti-Foaming, Biocides, Rheology Modification and Others), By Application (Building & Construction, Automotive, Wood, Industrial and Others), By Regions & Segments Forecast, 2018 – 2026’ provides an extensive analysis of present market dynamics and predicted future trends.

 

Rapidly growing demand of coating additives from numerous end-use industries is anticipated to be the major driver for the market. Coatings are complex and versatile solutions and are generally known for offering better challenges to formulators in comparison to any other product. Global coating additive market has changed substantially in the last decade and is likely to continue with the changes during the forecast period due to its highly competitive characteristics.

 

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The essential constituents of coatings, the process of its composition and environmental-based parameters have mainly driven the innovation for this market. The regulatory framework backed up by environmental & health concerns include reduction or complete elimination of volatile organic compounds (VOC) or any other constituent that is known to be hazardous in nature.

  

The application sectors for coating additives have witnessed moderate growth, however, demand for novel and innovative additive compositions are anticipated to increase rapidly. Pressure due to environmental impact of these coating additives is considered to be a major driving parameter driving forces for advent of new types of coating additives. Also, significant focus has been levied upon the appearance effect d these additives coupled with the with the costs of its utilization. Stringent regulatory framework and changing consumer behaviour concerning the environment-friendly products have forced coating manufacturers to launch innovative and sustainable products.

 

New and highly complex environmental policies & regulations, introduced specifically to minimize the waste and support recycling & recovery of additives, have resulted in new additive technologies and their manufacturing techniques.

 

The report provides an extensive qualitative and quantitative analysis of the market trends and growth prospects of the Global Coating Additives Market, 2017-2026. This report comprises a detailed geographic distribution of the market across North America, Europe, APAC and South America, and MEA. North America is further segmented into U.S., Canada. Europe is divided into Germany, UK, Italy, and Rest of Europe. Asia-Pacific is bifurcated into China, India, Japan, and Rest of Asia-Pacific.

 

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Competitive Landscape and Key Vendors

The coating additives market is a fragmented with large number of international and domestic players. Asia Pacific was the largest coating additive regional market in 2017. This was mainly on account of rapid growth in the industrial production in tandem with the rapidly growing automobile and construction sector that have resulted in increased consumption of pants & coatings and their additives. Developing nations such as India apart from other countries such as China, Japan, and South Korea Apart from South Korea, has contributed significantly to the regional growth by becoming a major manufacturing hub of additives. European nations including France, Germany, Italy, and UK are likely to be some of the significant countries to produce considerable demand by 2026 in Europe. North America is yet another significantly growing coating additives market in terms of concerning increasing consumption and production.

 

Some of the major coating additives market players include Solvay, DSM, Lord Corporation, Jotun A/S, BASF SE, Eastman Chemical Company, Clariant AG, Cabot Corporation, Dynea as (Norway), Rhodia SA, Bayer AG,  Double Bond Chemical Ind., Co., Ltd., Valspar Corporation, ICL Advanced Additives, Kenrich Petrochemicals, Inc., Berger Paints, Nippon Paint, Beckers Group, Arkema SA, Kansai Paint, Sherwin-Williams Company, KCC Paint, PPG Industries, and Axalta Coating Systems.

 

Geriatric Medicines Market Analysis, Revenue, Price, Share, Growth Rate, Forecast to 2028

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

 

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

 

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

 

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

  

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

 

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

 

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

Catheters Market Global Industry Analysis By Trends, Future Demands, Growth Factors 2028

 Global Catheters Industry: A Latest Research Report to Share Market Insights and Dynamics

According to a new report published by Polaris Market Research, the global catheters market is anticipated to reach USD 56.5 billion by 2025. In 2017, by product type, cardiovascular catheter segment captures the largest market shares in terms of revenue and hold major share in the market. Regionally, North America accounted for the major share in the catheter market.

 

Catheters are thin tubes made up of plastic, nylon, polyvinyl chloride (PVC), and silicon rubber. Catheters are majorly used in catheterization while surgical procedures like angioplasty, and neurosurgery. The catheters market is primarily driven by continuous growth in the population suffering from cardiovascular disorders and diabetes. Presently, various countries showed the growth in number of patients suffering from hypertension and diabetes which is braced by factors such as smoking, drinking and sedentary lifestyle of the population. In addition, favorable reimbursement policies, increasing demand for minimal invasive surgeries, and technological advanced catheter with high effectiveness by its use would spur the global catheter market during the forecast period. on other hand, the wide application of catheter in various surgeries such as angioplasty would also push this market. The reimbursements by the Medicaid program that provide approximately 100 catheters per month to add the growth of catheter market in the future.

 

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Cardiovascular Catheters, holds a major share in the global catheter market. The cardiovascular catheter market is further segmented as PTCA balloon catheters, IVUS catheters, PTA balloon catheters, electrophysiological catheters, and others. The growth of cardiovascular catheters is majorly driven by the increasing incidences of cardiovascular diseases supporting the growth of cardiovascular interventional procedures. While, urological catheter holds the second largest segment with largest revenue. The factors contributing for the growth of urological market are continuous technological advancements, and increasing prevalence of urological diseases in the coming year.

 

Geographically, North America holds a dominating position in the global catheter market followed by Europe and Asia Pacific. The growth in the North America catheter market is driven by the presence of refined health infrastructure, high volume of catheterization in medical procedures, high healthcare expenditure by the individuals, and high level of patient awareness about the use catheters. Whereas, Asia Pacific is expected to reach remarkable growth owning to the increased penetration rate of these devices in the developing countries, growing technological advancements pertaining the development of new-catheter devices, and improving healthcare expenditure would influence the catheter market in Asia Pacific during the forecast period.

 

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The leading companies operating in this industry include Johnson & Johnson Inc., Abbott Laboratories, Becton, Dickson and Company, B. Braun Melsungen AG., Medtronic plc., Boston Scientific Corporation, Cook Group Incorporated, Teleflex Incorporated, Cardinal Health Inc., Smiths Medical, Arrow International Inc., Edward Life Science Corporation, and Coloplast.

 

Key Findings from the study suggest products available in the market are continuously concentrating on the technological advancements that will reduce the side effects caused by the use of catheters. The leading companies while developing new products considers the factors such as increasing disposable income, and untapped market potential. North America is presumed to dominate the global catheter market over the forecast years and Asia Pacific region shows signs of high growth owing to the booming economies of India, and China.

 

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

 Global Automotive Lubricants Industry: The Latest Research Report to Share Market Insights and Dynamics

 

The global automotive lubricants market is anticipated to reach USD 75.63 billion by 2026 according to a new study published by Polaris Market Research. Increasing demand for high quality lubes from automobile manufacturers has created a surge in demand for these products. The economic, regulatory and political forces have reshaped the dynamics of the lubricants demand and supply throughout the globe. Opportunities for the industry participants to expand the business have continued to emerge significantly. The automotive lube segment has emerged as a major growth market, in addition to a source of competitively priced mechanism in the overall lubricant industry. Currently strong growth in the automotive manufacturing industry is creating several new market opportunities for these product manufacturers.

 

In the automobile industry, the consumers have been migrating for enhanced quality vehicles and the increase in demand for the four stroke motorbikes. Manufacturers of these products with significant tie ups with the OEMs that use lubricants of higher-grade quality, offering multi-grade lubricants with powerful brand recognition and wide range of distribution networks are expected to gain higher market share in the competitive industry space over the forecast period. Increased car and motorcycle stock, increase in agricultural machinery driven lubes consumption have been the primary factors to drive the automotive lubricants market.

 

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The multinationals players with superior technology, brand image and finances have retained the power to introduce themselves on their own in the industry. However, with the increasing number of companies it has been not a easy task for everyone to attain a carve a niche in the industry space. The sector has witnessed significant numbers of acquisitions and mergers. The most recent is the acquisition of Castrol by British Petroleum. Several recent deregulations in the automobile lubricant industry have promised numerous new opportunities especially for the private lubricant manufacturers operating in many foreign countries.

 

 The Asia Pacific Automotive Lubricants Market is expected to generate the highest demand for these products by 2026 with an increasing demand especially from the small four-wheeler segment. Increasing industrialization rate in the emerging economies such as India, Vietnam, Philippines, Malaysia, and Indonesia along with high demand from China, South Korea, Japan and Australia have added additional numbers to the yearly automobile manufacturing volume in the region. This is expected to be the major factor expected to drive demand for the products over till 2026 and beyond.

 

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The few of the leading automotive lubricants market participants currently operating in a worldwide scale include Valvoline, Arabol Lubricants, Total Oil, BP, Indian Oil Corporation, Phillips 66 Lubricants, Bel-Ray Company LLC., Amsoil (Wisconsin), Bharat Petroleum, Morris Lubricants, Ultrachem  Inc , Penrite Oil, Valvoline ,  Rock Valley Oil and Chemical Co., Peak Lubricants Pty Ltd , Lubrizol, Liqui Moly,  Eni S.P.A.  and Emulsichem Lubricants Pvt. Ltd.

 

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Malaria Vaccines Market Recent Developments | Impact of Covid 19 Detailed Analysis

 The global malaria vaccines market is expected to reach USD 134.9 million by 2026 growing at a CAGR of 33.2% during the forecast period according to a new study published by Polaris Market Research. The report ‘Malaria Vaccines Market Size Report By Agent (Plasmodium Falciparum, Plasmodium Vivax, Anopheles Species); By Vaccines Type (Pre-Erythrocytic Vaccine, Erythrocytic Vaccine, Multi-antigen Vaccine); By Channel of Distribution (Hospitals, Clinics, Community Centers); By Regions: Segment Forecast, 2019 – 2026’ provides an extensive analysis of present market dynamics and predicted future trends.

 

According to the World Malaria Report published by WHO in November 2018, the cases for malaria were 219 million in 2017 in more than 90 countries which were up from 217 million cases in 2017. The total deaths due to malaria in 2017 were 435,000 which were registered in the malaria affected regions.

 

The market for malaria vaccines globally has been divided based on vaccine type, agent, channel of distribution and region. Considering the vaccine type, the market is bifurcated into pre-erythrocytic vaccine, erythrocytic vaccine, and multi-antigen vaccine. The channel of distribution used for malaria vaccines include the hospitals, clinics and community centers. Considering the agent used in the malaria vaccines, the global market is divided into plasmodium falciparum, anopheles species, and plasmodium vivax. Geographically, as per the WHO report, nearly half of the world’s population was at risk in 2017, wherein the African region was the most affected one. Along with Africa, Asia Pacific region is also expected to grow at a considerable rate among all the other regions with Middle-east and Latin America likely to be the other potential regions for malaria vaccines market. North America and Europe have lower cases of malaria related diseases with regions such as Africa monitoring some of the highest deaths of children related to malaria globally.

 

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Some of the major factors pushing the market include the expanding occurrences of malaria in addition to the existence of numerous companies that are introducing low profit margin vaccines throughout the world. Increasing awareness associated to the aftereffects of the disease, continuous R&D in this section and increased funding from the government of the developing and developed countries together is pushing the market for malaria vaccines globally. Weak supply chain and distribution network among some of the developing countries which are affected by malaria are creating restraints for the market growth in these regions, however companies and government organizations are working together to overcome this challenge. It is anticipated that the continuous R&D for malaria vaccines and the continuous growth of this disease will help the market to grow in the coming years.

 

A few key strategies adopted by companies operating in the malaria vaccines market are new technology and product development, and geographical expansion among the developing regions to focus on proving vaccines to the areas highly affected by the disease at lower cost. The leading players operating in the market globally are GlaxoSmithKline, GenVec, Inc., Nobelpharma, and Sanaria. Some other promising vendors are Cadila Healthcare Ltd., CellFree Sciences Co. Ltd., VLP Therapeutics LLC, and Genome ReS Ltd. among others.

 

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Polaris Market Research has segmented the global malaria vaccines market on the basis of source type, application and region:

 

Malaria Vaccines Agent Type Outlook (Revenue, USD Million, 2015 – 2026)

• Plasmodium Falciparum
• Plasmodium Vivax
• Anopheles Species

Malaria Vaccines Vaccine Type Outlook (Revenue, USD Million, 2015 – 2026)

• Pre-Erythrocytic Vaccine
• Erythrocytic Vaccine
• Multi-antigen Vaccine

Malaria Vaccines Distribution Channel Type Outlook (Revenue, USD Million, 2015 – 2026)

• Hospitals
• Clinics
• Community Centers

Malaria Vaccines Regional Outlook (Revenue, USD Million, 2015 – 2026)

• North America (U.S., Canada)
• Europe (Germany, UK, France, Italy, Spain)
• Asia-Pacific (China, Japan, India)
• Latin America (Brazil, Mexico)
• Middle East and Africa

Complex Fertilizers Market 2021 SWOT Analysis, Top Key Company Profiles and Latest Trends

 The global complex fertilizers market size is anticipated to reach USD 54.8 billion by 2026 according to a new research published by Polaris Market Research. The report “Complex Fertilizers Market Share, Size, Trends & Analysis Report, By Product (Complete, Incomplete); By Form (Solid, Liquid); By Crop (Cereals and Grains, Fruits and Vegetables, Oilseeds); By Regions Segment Forecast, 2019 – 2026” provides a complete analysis of present market trends and future insights.

 

Complex or compound fertilizers produced by union of two or more kinds of macronutrient fertilizers are used in a manner of providing crops the correct level of fertility. The complex fertilizers industry has expanded at a brisk pace in the past and continues to enjoy steady growth rate as factors such as rising industrialization, urbanization, rise in energy consumption and conversion of arable lands into commercial infrastructures and making a need for provision of proper fertility to tilled lands more immediate.

 

Farmers are being educated regarding use of proper fertilizers for that particular crop, and kind of pests most commonly affecting it and soil fertility has all got to do with it. Proper fertility of soil is what gives life to the crops and keeps them going ensuring an enduring agricultural production. The market will steepen the pace of growth in next few years.

 

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One of the key factors driving global complex fertilizers market is the rising global population and a consecutive need to see it through ensuring a full-grown harvest. The colossal jump in global population and urban lifestyle and a decline in arable land are putting pressure on the market. Complex fertilizers globally have been divided into product form, product type, crop type and region. Product form is further bifurcated into solid and liquid. The crop segment of complex fertilizers market is classified into cereals and grains, fruits and vegetables and oilseeds among others.

 

Cereals and grains segment dominated and possessed the largest share. On the basis of product type, market includes complete and incomplete complex fertilizers. The incomplete fertilizers held largest share globally.

 

The incomplete fertilizers are suitable for applications in cereals, crops and vegetables and the greenhouse applications making it one of the most employed crop fertilizers all over the world. Asia Pacific held largest market share in complex fertilizers during 2017 and will also prevail upon marketing domain in 2018 to 2026.

 

The fertilizers merge with elements providing nutrients to plants and comprise minerals such as calcium, magnesium and sulphur among others. These nutrients are also known as trace or secondary nutrients. A judicious combination of complex and compound fertilizers offer many advantages like economic savings, convenience in the field and ease in meeting with crop nutrition levels.

 

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Apart from these growth factors, there are some restraints that includes an inclination towards adoption of organic fertilizers that acts as major restraint for growth. These fertilizers when used with crops provide high nutrition content and for making biofuels which will swing the market in favor of complex fertilizers.

 

Few of the key players mainly focus on innovation and leverage industry insights with investments in R&D and new product launches. The companies hold patent rights which helps to launch further products.

 

Few of the key players include Potash Corporation of Saskachewan, Inc., Israel Chemicals Limited, CF Industries Holdings Inc., The Mosaic Company, Haifa Chemicals Ltd., Yara International ASA and Eurochem Group AG among others.

 

Polaris Market research has segmented the complex fertilizers market on the basis of product type, product form, crop type and region. 

• Product Type Outlook (Revenue USD Billions, 2015 – 2026)
  • Complete Complex Fertilizers
  • Incomplete Complex Fertilizers
• Product Form Outlook (Revenue USD Billions, 2015 – 2026)
  • Solid
  • Liquid
• Crop Outlook (Revenue USD Billions, 2015 – 2026)
  • Cereals and grains
  • Fruits and vegetables
  • Oil seeds

Scaffold Technology Market Analysis, Revenue, Price, Share, Growth Rate, Forecast to 2028

 Global Scaffold Technology Industry: The Latest Research Report to Share Market Insights and Dynamics

The global scaffold technology market  size is expected to reach USD 2.22 billion by 2028 according to a new study by Polaris Market Research. The report “Global Scaffold Technology Market Share, Size, Trends, Industry Analysis Report, By Type (Hydrogels {Wound Healing, 3D Bioprinting, Immunomodulation}, Polymeric Scaffolds, Micropatterned Surface Microplates, Nanofiber Based Scaffolds); By Application; By Disease Type; 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 recent advancements in micro-molding, photo-lithography, and stereo-lithography also driving scaffolding technology. For instance, the innovations in injectable and microporous hydrogels also enabled organ on a chip technology to enhance in-vivo healing. Moreover, ongoing advancements in micro-fabrication technology are also projected to boost the market growth.

 

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In 2020, the hydrogels market segment of scaffold technology industry had the largest revenue share. This high share is attributed to the excellent properties of hydrogels, such as controlled drug delivery, and ease of loading drugs. In current times, hydrogels have gained momentum and are regarded as a leading candidate in 3D cell cultures and tissue engineering.

 

The nanofiber scaffolds segment is projected to show the fastest growth rate over the assessment period. Nanoscale fibrous structures with inter-connecting pores facilitate the formation of artificial tissues during the process of tissue engineering. Artificial tissues resemble natural ones, by providing an extracellular matrix of the living tissues.

 

Market participants such as Merck KGaA, Molecular Matrix, Pelobiotech, Corning Incorporated, Avacta Life Sciences Limited, Vericel Corporation, Becton, Dickinson and Company, 3D Biotek LLC, Thermo Fisher Scientific, Xanofi, REPROCELL Inc., Matricel GmbH, Akron Biotech, Nanofiber Solutions, 4titude, 3D BioMatrix, NuVasive, Inc., Allergan, and Medtronic. are some of the key players operating in the global market for scaffold technology.

 

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Players in the marketplace are collaborating with small players to stay competitive in the market for scaffold technology. For instance, in October 2019, Avacta Life Sciences collaboration agreement with ADC Therapeutics to develop Affimer drug conjugates, to use in biological scaffolds.

 

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Mining Equipment Market 2021 SWOT Analysis, Top Key Company Profiles and Latest Trends

 Global Mining Equipment Industry: A Latest Research Report to Share Market Insights and Dynamics

The global Mining Equipment Market is anticipated to reach USD 121.4 million by 2026 according to a new research published by Polaris Market Research. In 2017, the surface mining equipment segment dominated the global market, in terms of revenue. In 2017, Asia-Pacific accounted for the majority share in the global mining equipment market.

 

The rapid growth in the demand for metals and minerals majorly drives the growth of this market. Growing usage of resources such as coal and petroleum supports the market growth. The decreasing ore grades further accelerates the adoption of mining equipment. However, high initial investment costs associated with mining equipment, and strict government regulations limit the growth of the market. New emerging markets, and technological advancements would provide growth opportunities for mining equipment market in the coming years.

 

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Asia-Pacific accounted for the highest share in the global mining equipment market during the forecast period. A significant growth in the emerging economies of China, Japan, India, and Australia among others drives the growth in this region. Increasing demand for petroleum and coal resources in the region, along with rising industrialization in developing countries of this region augment the market growth in the region. Leading global players are expanding their presence in developing nations of India, Indonesia, and Malaysia to tap the growth opportunities offered by these countries.

 

The various applications of mining equipment include metal mining, mineral mining, coal mining, and others. The metal mining equipment segment is expected to lead the mining equipment market during the forecast period owing to increasing demand from emerging economies. The increasing demand for metals such as silver, gold, platinum, and copper for various applications has increased the demand of mining equipment in this application. Use of precious metals such as gold and platinum in jewelry and ornaments has supported the growth of the market.  

 

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The well-known companies profiled in the global mining equipment market report include Komatsu Ltd., Caterpillar Inc., Hitachi Ltd., AB Volvo, Liebherr Group, Caterpillar Inc., Atlas Copco AB, China Coal Technology and Engineering Group Corp., Joy Global Inc., Metso Corporation, Sandvik AB, and Northern Heavy Industries Group Co. Ltd among others. These companies launch new products and collaborate with other market leaders to innovate and launch new products to meet the increasing needs and requirements of consumers.