Sleep Disorder Market Size, Share, Opportunities, In-Depth Analysis and Forecasts

 Global Sleep Disorder Industry: Set to Witness Huge Growth by 2028

The sleep disorder market size is anticipated to reach over USD 2.61 billion by 2026 according to a new research published by Polaris Market Research. In 2017, the sleep apnea devices 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.

 

Sleep is complex neurological state that helps in restoring energy level in the body. Alterations in the quality and pattern if sleep may cause sleep disorder. Sleep disorder is defined as a sleep problem, which is characterized by snoring, insomnia, depression, and sleep apnea. Recently, in a study it is found that the approximately more than 75% of Americans from the age of 25 to 59 suffer from sleep disorder in the U.S. Sleep disorder is basically characterize by the difficulty in falling asleep, daytime fatigue, lack of concentration, anxiety, and depression.

 

The sleep disorder market is primarily driven by the increasing number individual population suffering from various mental disorders, and rising awareness for the treatment of sleep disorders in the coming years. Furthermore, the changing life style of the people, and rising preference to the sedentary life style to also support the market growth in the coming years. Additionally, changing working culture, increasing geriatric population, and lack of quality sleep to also boost the market growth during the forecast period.

 

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On the other side, increasing morbidity due to sleep disorder has increased the healthcare cost, and related side effects of the drugs, and increasing patent expiries that are used in treating sleep disorders which would impede the market growth during the forecast period.  The treatment for include medication, better sleeping habits, and devices. Medicines such as, Hetlioz (tasimelteon) by Vanda Pharmaceuticals, Intermezzo (zolpidem tartrate sublingual tablet) by Transcept Pharmaceuticals, and Silenor (doxepin) by Somaxon Pharma are some of the FDA approved drugs that are observed to be beneficial during the treatment of sleep disorders.

 

 

The industry is segmented on the basis of disorder type, device, treatment, and geography. Based on disorder type, the market is bifurcated into sleep apnea, sleep breathing disorders, insomnia, hypersomnia, circadian rhythm disorders, parasomnia, and sleep movement disorders. on the basis of devices, the market is segmented into sleep apnea devices, sleep laboratories, and mattresses & pillows. By Treatment, the market is further bifurcated as psychiatric treatment, behavioral treatment, cognitive behavioral therapy, and medication therapy.

 

The market for sleep disorder in North America generated the highest revenue in 2017, and is expected to be the leading region globally during the forecast period. High number of patient population suffering the sleeping disorders is the primary factor accountable for the highest market growth. According to the US Department of Health and Human Services reports, approximately 20% Americans are suffering from sleep disorder. Thus, increasing demand for early treatments along with increasing patient pool, and growing patient awareness for proper diagnosis methods are factors boosting the growth in North America.

 

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Asia Pacific is estimated to be the fastest growing region in terms of revenue. Growing awareness about sleep disorders and developing healthcare infrastructure are some of the factors that are projected to generate lucrative opportunities for the market in APAC.

 

The major key players operating in the Sleep Disorder industry include GlaxoSmithKline plc, Becton Dickson and Company, Cardinal Health, Natus Medical Incorporated Takeda Pharmaceutical Company Limited, Koninklijke Philips N.V., and Teva Pharmaceutical Industries Ltd. 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 sleep disorders market on the basis of disorder, devices, treatment and region:

 Sleep Disorder by Disorder Outlook (Revenue, USD Million, 2015 – 2026)

• Insomnia
• Hypersomnia
  • Insufficient Sleep Syndrome
  • Narcolepsy
• Sleep Apnea
• Sleep Breathing Disorders
• Circadian Rhythm Disorders
• Parasomnia
  • Sleep Eating Disorder
  • Sleep Terror
  • REM Sleep Behavior Disorder
  • Others
• Sleep Movement Disorders
  • Restless Leg Syndrome
  • Sleep Leg Cramps

Sleep Disorder Devices Outlook (Revenue, USD Million, 2015 – 2026)

• Sleep Apnea Devices
• Sleep Laboratories
• Mattresses & Pillows

Sleep Disorder Treatment Outlook (Revenue, USD Million, 2015 – 2026)

• Psychiatric Treatment
• Behavioral Treatment
• Cognitive Behavioral Therapy
• Medication Therapy
  • Prescription Drugs
  • OTC Drugs
  • Herbal Drugs

 

Automotive PCB Market 2021 Industry Outlook, Comprehensive Insights, Growth and Forecast

 Global Automotive PCB Industry: Set to Witness Huge Growth by 2028

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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Electric Powertrain Market 2021 Industry Outlook, Comprehensive Insights, Growth and Forecast

 The global electric powertrain market size is anticipated to reach USD 604.74 billion by 2026 according to a new study published by Polaris Market Research. The report “Electric Powertrain Market Size, Share, & Trend Analysis Report By Product Type (Battery Electric Vehicle (BEV) Powertrain, Mild Hybrid Powertrain, Series Hybrid Powertrain, Parallel Hybrid Powertrain, Series-Parallel Hybrid Powertrain); By Vehicle Type (Light Vehicles, Cars, Light Trucks); By Regions, Segments & Forecast, 2019 – 2026” gives a detailed insight into current market dynamics and provides analysis on future market growth.

 

Electric Powertrains are the recent trends in the automotive industry. The rising trend of adopting a low carbon environment in a singular approach to prevent global warming has heralded the era of electric vehicles (EV’s). Making the most of various energy forms available has led to the development of EV’s. Regulations in regard to Carbon dioxide emissions has been hauled up and redone in the U.S., China, and Japan and European constitutions. As a result, technology has been ramped up. Furthermore, consumers are already burdened by the inflating prices of oil which is reason enough to graduate towards

  

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An EV derives power from alternative source of energy such as battery in stark contrast to internal combustion vehicles that is driven by fossil fuels such as petrol or diesel. The EV powertrain includes the battery, electric motor and transmission which help generate power to drive the vehicle. The powertrains in any vehicle are considered to be the pivotal component of that vehicle and is identified by its engine and transmission. The power, comfort and safety define the performance quotient of the vehicle.

 

Currently gasoline vehicles score over diesel ones but are fast losing out because of high priced gasoline which is becoming dearer as compared to diesel oil. This is leading to manufacturers going in for hybrid powertrains to reduce reliance on fuel consumption.

 

EV’s are the future of the automotive industry as fossil fuels are slated to go extinct in the next few decades. Battery electric vehicles (BEV) powertrains are the most extensively used types in the present organizational make-up. A BEV is powered entirely by electric energy. Powertrains in plug-in hybrid electric vehicle (PHEV) take help in charging from wall-mounted power supply. The series hybrid powertrains are the least used in present industry scenario and in this type; it is designed with a single path for powering the wheels. This type of powertrain operates in many modes including engine only traction, electric only traction, hybrid traction, engine traction and battery charging.

 

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The Parallel hybrid powertrains occupy two parallel paths for powering the vehicle which is the electric path and the engine path. PHEV operates in five modes and has been gaining significant traction over the years.

 

The powertrains are an energy-efficient alternative in harmony with the environment. However, they do have limitations. Two most significant ones include lead emissions from the battery and energy storage issues. 

        

The U.S, Japan, China and South Korea account for major production and these countries constitute the new-age countries having promised multi-billion-dollar investments to develop new models. The market is mildly competitive and consolidated on account of various players in the electric powertrain market.

 

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The key players in electric powertrain market include AVL LIST GmbH, ARC CORE, ALTe Technologies, IET S.p.A, ATS Automation Tooling Systems, Inc., EptDyn, TM4, Jayem Automotives, BMW Motorrad International and AllCell Technologies LLC.

 

Energy Harvesting Equipment Market Size, Share, Opportunities, In-Depth Analysis and Forecasts

 The Global Energy Harvesting Equipment market generated $372 million in 2017 size is expected to reach USD $971 Million By 2026 to grow at a CAGR of 11.4% during the forecast period.

 

Energy Harvesting Equipment uses electrical energy present in the environment to power various circuits and appliances. Energy harvesting equipment is used to power electronics at locations with no conventional power sources, and in applications in remote locations, underwater, and other difficult-to-access locations. Some applications of energy harvesting equipment include remote corrosion monitoring systems, implantable devices and remote patient monitoring, structural monitoring, RFID, Internet of Things, and equipment monitoring among others.

 

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The demand for energy harvesting equipment has increased over the years owing to growing environmental awareness among consumers. Rising energy costs, and depletion of traditional fuel sources has increased the adoption of energy harvesting equipment. The increasing need for energy efficiency, supportive government initiatives, and growing awareness regarding use of renewable energy sources supports the growth of the market. Growing demand from building and home automation and wearable electronics along with technological advancement and growing adoption of wireless sensor networks is expected to provide numerous growth opportunities in the coming years.

 

The report provides an extensive qualitative and quantitative analysis of the market trends and growth prospects of the Global Energy Harvesting Equipment 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 introduction of supportive government regulations and growing awareness regarding environmental pollution. The increasing demand from building and home automation sector has accelerated the adoption of energy harvesting equipment in the region.

 

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Competitive Landscape and Key Vendors

The global Energy Harvesting Equipment 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.

 

The leading companies profiled in the report include Fujitsu Limited, GreenPeak Technologies, ABB Limited, Texas Instruments Incorporated, Microchip Technology Inc., Siemens AG, Arveni SaS, Cymbet Corporation, Honeywell International Inc., and Enocean GmbH.

 

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Automotive Interior Materials Market Size, Share, Opportunities, In-Depth Analysis and Forecasts

 Global Automotive Interior Materials Industry: Set to Witness Huge 

Growth by 2028

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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Surgical Microscope Market Is Expected to See Huge Growth. Latest Research Report

 The global surgical microscope market size is expected to reach USD 2.07 billion by 2028 according to a new study by Polaris Market Research. The report “Surgical Microscope Market Share, Size, Trends, Industry Analysis Report, By Product (Ophthalmic Microscopes, ENT Microscopes, Colposcopy); By Application; By End-Use; By Region; Segment Forecast, 2021 – 2028” gives a detailed insight into current market dynamics and provides analysis on future market growth.

 

According to the World Health Organization (WHO), cancer is the leading cause of death around the globe. Thus, there is a great demand for surgical microscopes to improve diagnostic efficiency and decide prognosis of a disease. Moreover, increase in the number of surgeries, advancements in healthcare facilities, customized microscopy solutions, and technological advancements are the major factors driving the market growth. Moreover, growth in geriatric population, rise in adoption of minimally invasive ENT surgeries, and improved reimbursement policies for ENT surgeries further bolsters the growth of the market. Furthermore, surge in the number of outpatient facilities and increased per capita healthcare expenditure of various countries supplement the market growth.  

 

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In 2009, average health spending reached 9.5% of gross domestic product, up from 8.8% in 2008. The healthcare spending in most of the OECD countries has increased by margins greater than the gross domestic product. Moreover, the U.S. spent USD 1.9733 trillion for health care expenditures in 2005, which was 15.9% of the gross domestic product (GDP); of which, twenty-nine percent of the expenditures were allocated to surgical revenues. Thus, increase in population coupled with expansion of healthcare infrastructure and favorable scenarios for medical reimbursement programs have led to surge in the adoption of surgical microscopes. The adoption of surgical microscopes in ENT application has increased due to rise in prevalence of chronic sinusitis, growth in geriatric population, increase in adoption of minimally invasive surgeries, and implementation of favorable reimbursement policies for ENT surgeries. Technological advancements in surgical microscopes such as integrating intelligence, video, intraoperative-imaging, and navigation technologies enable surgeons to improve their decision-making at the point-of-care (POC) centers and provide best possible outcomes to patients.

 

Surgical microscopes have been widely used in ophthalmology, as these microscopes help surgeons to perform intricate surgeries with precision and visualize the anatomy of small cavities. Increasing incidence of eyesight and vision disorders has fueled the use of ophthalmic microscopes across the globe.

 

In addition, the dentistry segment is expected to witness significant growth in the near future, especially in the developing regions due to increase in the number of out-patient facilities and growing per capita healthcare expenditure. Growth in neurosurgery & spine surgery application segments is expected to be driven by surge in research and development activities related to tissue clearing and targeted cell labeling for brain functions.

 

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The governments of various countries have funded research & development activities to support and promote medical advancements. Moreover, the healthcare sector of developing countries has witnessed tremendous development in the recent years. Emerging economies, such as India and China have increased in their spending on healthcare facilities, which is a positive indicator for market growth. Thus, market players in the value chain are optimistic about the growth of the surgical microscope market across emerging economies in the near future.

 

The key players profiled in the report are Carl Zeiss AG, Leica Microsystems, Takagi Corporation, Seiler Precision Microscopes, Topcon Corporation, Alltion (Wuzhou) Co. Ltd., Alcon Laboratories, Inc., Haag-Streit Surgical, Olympus Corporation, Accu-scope, Inc., Novartis AG, Danaher Corporation, Labomed Microscopes, and Prescott’s Inc. The prominent players operating in the industry have adopted various strategies such as business and capacity expansion, acquisitions, partnerships, mergers, and application & product development.

 

Smart TV Market Size, Share, Opportunities, In-Depth Analysis and Forecasts

 Global Smart TV Industry: Set to Witness Huge Growth by 2028

According to a new study published by Polaris Market Research the smart TV market is anticipated to reach USD 341.6 billion by 2026. In 2017, the Full HD Smart TV segment dominated the global market, in terms of revenue. Asia-Pacific is expected to be the leading contributor to the global market revenue during the forecast period.

 

The increasing adoption of 4K televisions, and growing penetration of high speed internet have boosted the adoption of smart TVs. Increasing disposable incomes, and growth in media & entertainment industry further support the growth of this market. Increasing penetration of televisions, growing demand for superior video and audio television content, and rising consumption of online content boost the adoption of smart TVs. Increasing investments by vendors in technological advancements coupled with increasing demand from emerging economies further boost the market growth.

 

The growing disposable income has encouraged consumers to buy technologically advanced television sets that are in perfect amalgamation with their increasing living standards. Moreover, consumers are opting for high quality video and audio services along with the ability to connect to the internet. Thus, lofty living standards and increasing consumption of online content, would contribute to the growth of the smart TV market, thereby positively affecting the market growth.

 

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Asia-Pacific generated the highest revenue in the market in 2017 and is expected to lead the global market throughout the forecast period. The increasing disposable incomes in developing countries of this region, and growing media and entertainment industry drive the market growth in the region. There has been a significant increase in the shipment of smart TVs in the region. The growing demand for high quality audio and video services, along with the need to connect to the internet has encouraged consumers to invest in smart TVs. Local players are introducing low cost Smart TVs with advanced technologies to cater to the growing demand of consumers. Numerous key players have adopted partnership and expansion strategies to increase their market share in Smart TV markets of the Asia-Pacific region.

 

The different ranges of screen sizes covered in the report include 28 to 40 Inches, 41 to 59 Inches, and above 60 Inches. In 2017, the 41 to 59 inches segment accounted for the highest market share. Smart TVs with screen sizes in the range of 41 to 59 inches are gaining traction worldwide owing to improved capability to offer superior video and audio quality along with additional features. Introduction of low cost smart TVs by the market players have boosted the growth of this market segment.

 

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The well-known companies profiled in the report include LG Electronics, Inc., Koninklijke Philips N.V., Sony Corporation, Samsung Electronics Co. Ltd., Sharp Corporation, Hitachi Ltd., Toshiba Corporation, Haier Electronics Group Co., Ltd., Panasonic Corporation, Videocon Industries Limited, and Skyworth Digital Holdings Ltd. 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.

 

Industrial iot Market Size, Share, Opportunities, In-Depth Analysis and Forecasts

 Global Industrial iot Industry: Set to Witness Huge Growth by 2028

According to a new study published by Polaris Market, the global Industrial Internet of Things (IIoT) market is anticipated to reach USD 771.72 billion by 2026. Industries worldwide are looking for new business models to construct a connected enterprise for merging their operational and information departments. This transformation is expected to enhance the overall productivity, operational efficiency, and visibility as well as decrease the complexities of diverse procedures in the industry. The capability of IIoT to decrease costs is the major factor responsible for its high adoption by the industries. Other factors include increased productivity, time-to-market, and process automation. Moreover, decreasing sensors prices has also helped in the reduction of overall costs related to data collection and analytics.

 

The role of IIoT is becoming more prominent in allowing easy access to machines and devices. The adoption of IIoT is further anticipated to escalate globally attributed to increasing innovative efforts by major players such as GE, Cisco and Huawei, as well as increasing initiatives sponsored by governments. For instance, the government of Germany is sponsoring a multi-year strategic initiative ‘Industrie 4.0’, focused on uniting the major participants from public and private sectors along with academia for the creation of an action plan and a broad vision to implement digital technologies in the country’s industrial sector. Furthermore, “Made in China 2025” initiative of the Chinese government is helping the promotion and integration of digital technologies in the industrial sector of China.

 

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The market in the Asia Pacific region is projected to grow at the fastest CAGR owing to considerable adoption of IIoT in the countries such as Japan, Taiwan and China. Manufacturing companies across these countries are recognizing the advantages offered by the implementation of IIoT in their production line. China is the dominating country in the Asia Pacific market due to the presence of several manufacturing companies in the region and high adoption of automation technologies.

 

Some of the major players operating in the Industrial IoT include Corning Incorporated, ABB Ltd., Cisco Systems, Inc., General Electric Company, Siemens AG, Rockwell Automation, Inc., IBM Corporation, Microsoft Corporation, ARM Ltd., Intel Corporation, and Kuka AG among others.

 

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Dermatology Drugs Market 2021 Booming Strategies of Top Companies

 Polaris Market Research assumes that with the expected launch of the potential promising therapies, the market is anticipated to expand in both psoriasis and atopic dermatitis segments. The Unites States accounts for the higher share of the market as compared to the Europe and Japan. The highest market size is due to the increased adoption of high priced biologics. Despite the launch and availability of multiple biologics, only 10% of the patients have access to these treatments and the market continues to remain underpenetrated.

 

“Dermatology Drugs Market Size to Reach $20 Billion by 2016”

 

Currently, the dermatology drugs market is highly fragmented but offer several commercial opportunities. There remains significant unmet need for safer and cost-effective treatment options. Psoriasis market was nearly USD 6 billion markets in 2016 due to the existing effective TNF alpha treatments. In Acne, retinoids and antibiotics are the mainstay treatments but what makes this indication lucrative is the promising candidates in the pipeline including Foamix’s FMX-101 and Dermira’s DRM-101.

 

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Polaris Market Research has provided the forecasts of the Global Dermatology Drugs Market from 2016-2022. The major segments which has been investigated in the global market from 2016-2022 are:

• Market Analysis by Dermatology Key Indications
• Market Analysis by Treatment Class/Marketed Drugs
• Market Analysis by Regions

 

The Marketed Therapies undertaken in forecast from 2016-2022 are:

• etanercept; Enbrel
• infliximab; Remicade
• adalimumab; Humira
• ustekinumab; Stelara
• secukinumab; Cosentyx
• ixekizumab; Taltz
• golimumab; Simponi
• brodalumab; Siliq
• guselkamab; Tremfya
• Topical Drugs
• Oral Antibiotics

 

The Major Indications in Dermatology Therapy area:

• Atopic Dermatitis
• Psoriasis
• Acne
• Rosacea

 

Leading Companies investigated in the Report are:

• Allergan Plc
• Valeant Pharmaceuticals
• Dermira Inc
• Aclaris Therapeutics, Inc
• AnaptysBio, Inc
• Revance Therapeutics
• Foamix Pharmaceuticals
• Novan, Inc
• Sienna Biopharmaceuticals
• Pfizer
• Sanofi
• Galderma
• Leo Pharma
• Roviant Sciences
• Otsuka Pharmaceuticals

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Net Zero Energy Buildings Market Is Expected to See Huge Growth. Latest Research Report

 The global net-zero energy buildings market size is expected to reach USD 140.18 billion by 2028 according to a new study by Polaris Market Research. The report “Net-Zero Energy Buildings Market Share, Size, Trends, Industry Analysis Report By Type (Residential, Commercial); By Equipment (HVAC Systems, Lighting, Walls and Roofs, Others); By Region (North America, Europe, Asia Pacific, Latin America, Middle East & Africa); Segment Forecast, 2021 – 2028” gives a detailed insight into current market dynamics and provides analysis on future market growth.

 

Several stringent energy consumption regulations passed by governments worldwide have boosted the adoption of net-zero energy buildings. Growing concerns regarding environment, depleting fuel resources, and increasing need to reduce energy consumption further support the growth of this market. Additionally, the increasing acceptance and reducing operation costs would boost market growth during the forecast period. Other factors supporting market growth include supportive government regulations, increasing awareness, and technological advancements. Increasing investments by vendors in technological advancements coupled with research and development further boost the market growth.

 

The demand for net-zero energy buildings has increased over the years owing to increasing energy concerns, and environment consciousness across the globe. The exponential growth in the prices of traditional fuel owing to the depleting fossil fuel reserves has encouraged consumers to switch to renewable sources for operations in net-zero energy buildings. Limited awareness among consumers has limited the adoption of these buildings in the past. However, with significant government initiatives and substantial investments, the development of net-zero energy buildings has accelerated significantly.

 

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North America generated the highest revenue in the market in 2017, and is expected to lead the global market throughout the forecast period. The increasing awareness among consumers, and rising environmental concerns drive the market growth in the region. The governments in the region are collaborating with engineers and architects to promote the adoption of Net-Zero Energy Buildings. Public structures and universities are adopting net-zero energy buildings owing to stringent government regulations, and the need to reduce operation costs. Numerous key players have adopted partnership and expansion strategies to increase their market share in net-zero energy building markets of the North American region.

 

The different types of net-zero energy buildings include residential, and commercial. In 2017, the commercial segment accounted for the highest market share. The awareness regarding green buildings, and reduction in operation costs encourage the commercial sector to invest in non-zero energy buildings. Commercial structures such as manufacturing plants, offices, and institutes are adopting net-zero energy buildings to reduce emissions and energy use. The residential sector is expected to grow at the highest CAGR during the forecast period.

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The well-known companies profiled in the report include Siemens AG, General Electric, Johnson Controls International plc, SunPower Corporation, Altura Associates, Inc., Sage Electrochromics, Inc., Daikin Industries Ltd., Schneider Electric, Kingspan Group plc, and Integrated Environmental Solutions (IES) Limited 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.