Mindfulness Meditation Apps Market Size, Recent Advancement & Scope Top Trends

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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Night vision device Market Overview, Trends Forecast Analysis By Top Manufactures

The global night vision device market size is expected to reach USD 11.76 billion by 2028 according to a new study by Polaris Market Research. The report “Night Vision Device Market Share, Size, Trends & Industry Analysis Report, By Device Type (Goggles, Cameras, Scopes, Glasses, Binoculars & Monocular), By End-Use (Defense, Wildlife Spotting, Wildlife Conservation, Surveillance, Navigation); By Technology; By Region, And Segment Forecasts, 2021 – 2028” gives a detailed insight into current market dynamics and provides analysis on future market growth.

 

Night vision devices enable the market users to see through dark or low-intensity light. These devices are also named night optical/observation devices which is the optical instrument and pose-ability of creating images in levels of light in the darkness.

 

These devices are most commonly used in military and law enforcement personals. The equipment such as scopes, goggles, and binoculars assist a soldier during the dark. There are various components present like photocathode, image intensifier, front lens, image intensifier. Image intensifier tubes can amplify low-level images formed by weak emissions.

 

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At present, due to COVID-19, governments are compelled to use advanced NVDs around the globe. Some of the measures taken by the government include the development of stringent surveillance mechanisms to point the spread of corona. Also, different companies are seen to reform their continuity models by investing in improved models. For instance, to detect the local gatherings, drones integrated night vision cameras have become a great aid to the police. Also, these devices can detect individuals without masks in public areas.

 

The major factor driving the market growth in adoption of these devices integrated with Near-infrared Imaging technology for the purpose of safety, security, and surveillance applications. These devices are highly adopted owing to the ability to detect and track motions that take place under the cloak of darkness.

 

Furthermore, technological innovations like enhancements in the components which are used in night vision devices have highly contributed to the development of the NVDs market development. For example, the integration of goggles with weapon location devices lets the military personnel point the target with high accuracy. These advanced products are widely available and drive market growth. Also, lightweight night vision devices gain traction in the market, for instance, lightweight binocular devices have excellent optical performance.

 

Some of the key market players which play an important part in the global market include American Technologies Network Corporation; Raytheon Company; Harris Corporation; FLIR Systems, Inc.; Yukon Advanced Optics Worldwide; Apresys, Inc., Luna Optics; Bushnell; Firefield; and L3 Technologies, Inc.

 

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Similarly, BAE Systems has unveiled a new night vision and thermal imaging headset. The latest goggle, which is mounted on a rifle, uses Bluetooth to stream a live video feed from the thermal weapon scope. This headset would improve the soldier’s ability to acquire and engage targets by combining night vision and thermal imaging capabilities into one display on the goggle.

 

Polaris Market Research has segmented the night vision device market report on the basis of device type, application, technology, and region:

 

Night Vision Device, Device Type Outlook (Revenue – USD Million, 2016 – 2028)

• Goggles
• Cameras
• Scopes
• Glasses
• Binoculars and Monocular
• Others

Night Vision Device, Technology Outlook (Revenue – USD Million, 2016 – 2028)

• Image Intensifier
• Thermal Imaging
• Others

Night Vision Device, End-Use Outlook (Revenue – USD Million, 2016 – 2028)

• Defense
• Wildlife Spotting
• Wildlife Conservation
• Surveillance
• Navigation
• Others

 

Histology and Cytology Market Size, Recent Advancement & Scope Top Trends

 The global histology and cytology market size is expected to reach USD 37.08 billion by 2028 according to a new study by Polaris Market Research. The report “Histology and Cytology Market Share, Size, Trends, Industry Analysis Report, By Examination Type (Histology, Cytology); By Product (Instrument & Analysis Software System, Consumables & Reagents); By End-Use (Life Sciences, Clinical Diagnostics); By Regions; Segment Forecast, 2021 – 2028” gives a detailed insight into current market dynamics and provides analysis on future market growth.

 

Histology is a branch of biology that deals with the microscopic analysis of tissues for the diagnosis of chronic disorders mainly in cancer and also in other conditions such as autoimmune disorders and infections. Histology involves tissue preparation, tissue staining, hybridization, and microscopy. Whereas, cytology is a branch of biology that deals with the microscopic analysis of cells for the diagnosis of various chronic disorders.

 

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Virtual microscopy is one of the most significant market developments in microscopy and immunohistochemistry, and it is estimated to drive market demand for histology and cytology tests. Users can create virtual slides, which can then be stored on a network server and accessed by other users via virtual microscopy.

 

The increasing incidence of cancer globally is the main driving force for the market growth of the histology and cytology. Every year, more than 19 million cancer cases are diagnosed worldwide, and the most common type of cancer is breast cancer, which is diagnosed in more than 2 million people every year. Cancer is an emerging healthcare problem in Africa and South Africa could see an estimated increase of 78% cancer cases, by 2030.

 

The emergence of digital platforms powered by AI along with new product launches and acquisitions is expected to drive the global market for histology and cytology during the forecast period. ONCORE Pro, an automated staining system was launched by Biocare Medical, LLC in January 2021 that has applications in Immunohistochemistry (IHC). ONCORE Pro System can process 36 slides simultaneously that will help in-vitro diagnostic labs to improvise their throughput of sample processing.

 

Mosaic Laboratories that offer histology services was acquired by Caprion-HistoGeneX in January 2021. The acquisition will help Caprion-HistoGeneX to improve its services in histopathology biomarker analysis for clinical trials. Mosaic is specialized in multiplex IHC with spectral imaging, and it has well-proven capabilities to support exploratory biomarker analysis services for clinical and preclinical trials.

 

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Market Participants such as Roche Ltd., Thermo Fisher Scientific, Inc., Hologic, Inc., Becton, Dickinson & Company, Merck KGaA, Danaher Corporation, Abbott, Sysmex Corporation, Koninklijke Philips N.V., and Trivitron Healthcare are some of the key players operating in the global market.

 

Polaris Market Research has segmented the histology and cytology market report on the basis of type of examination, product, end-users, and region:

 

Histology and Cytology, Examination Type (Revenue – USD Million, 2016 – 2028)

• Histology
• By Technique
• Microscopy
• Immunohistochemistry
• Molecular pathology
• Cryostat & Microtomy
• Cytology
• By Technique
• Microscopy
• Immunohistochemistry
• Molecular pathology
• Cryostat & Microtomy
• By Application
• Cervical Cancer
• Breast Cancer
• Bladder CancerLung Cancer
• Other Cancers

Histology and Cytology, Product Outlook (Revenue – USD Million, 2016 – 2028)

• Instruments and Analysis Software System
• Consumable and Reagents

Histology and Cytology, End-Use Outlook (Revenue – USD Million, 2016 – 2028)

• Life Sciences
• Clinical Diagnostics

Complementary and alternative medicine Market Size, Outlook, Key Prospects And Future Growth

 The global complementary and alternative medicine market size is expected to reach USD 391.32 billion by 2028 according to a new study by Polaris Market Research. The report “Complementary And Alternative Medicine Market Share, Size, Trends, Industry Analysis Report, By Intervention (Traditional Alternative Medicine/Botanicals, Mind Healing, Body Healing, External Energy, Sensory Healing), By Distribution Method, By Region; Segment Forecast, 2021 – 2028” gives a detailed insight into current market dynamics and provides analysis on future market growth.

 

Medical tourism, which draws people from all over the world and encourages them to pursue world-class alternative medical care, is also being promoted by regulatory bodies. In some Indian states, for example, regulatory agencies have invested heavily in settings standards of alternative facilities. “Ministry of Ayush” is established to oversee yoga, Ayurveda, homeopathy, and naturopathy education, product creation, research, and many other services in India.

 

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Alternative treatments include the Alexander process, aromatherapy, natural medicine, homeopathy, reiki, naturopathy, acupuncture, and yoga. Not only industry players, but also medical settings, are implementing profitable business growth strategies to ensure successful marketing and promotion of alternative medicine therapies.

 

Yoga and other modern medicines that concentrate on the mind are projected to benefit a lot of traction in the coming years. The growth of the mind healing intervention market of complementary and alternative medicine is expected to be aided by the expanding applications of yoga in chronic illnesses such as cancer, COVID-19, and cardiovascular ailments.

 

More than half of doctors in the United States have recommended at least one alternative health intervention to their patients, according to a report published in January 2020. Furthermore, many female physicians incorporate holistic medicine methods, while male physicians are more likely to prescribe osteopathic manipulation and chiropractic care strategies. The frequency of such surveys is projected to rise, allowing doctors, patients, and medical schools to learn more about the wide variation in alternative therapy use.

 

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Some of the major players in the global market for complementary and alternative medicine include John Schumacher Unity Woods Yoga Centre, The Healing Company Ltd., Columbia Nutritional, Nordic Nutraceuticals, Herb Pharm, Sheng Chang Pharmaceutical Company, Pure encapsulations, LLC, Ramamani Iyengar Memorial Yoga Institute, and AYUSH Ayurvedic Pte Ltd.

 

Polaris Market Research has segmented the complementary and alternative medicine market report based on intervention, distribution method, and region:

 

Complementary and Alternative Medicine, Intervention Outlook (Revenue – USD Million, 2016 – 2028)

• Traditional Alternative Medicine/Botanicals
• Ayurveda
• Apitherapy
• Bach Flower Therapy
• Naturopathic
• Traditional Chinese
• Traditional Korean
• Traditional Japanese
• Traditional Mongolian
• Traditional Tibetan
• Zang-Fu Theory
• Mind Healing
• Autosuggestion
• Hypnotherapy
• Neuro-linguistic Programming
• Self-hypnosis
• Spiritual Mind Treatment
• Transcendental Meditation
• Body Healing
• Acupressure
• Acupuncture
• Alexander Technique
• Auriculotherapy
• Autogenic Training
• Chiropractic
• Cupping Therapy
• Kinesiology
• Osteomyology
• Osteopathy
• Pilates
• Qigong
• Reflexology
• Yoga
• External Energy
• Magnetic Therapy
• Bio-magnetic Therapy
• Magnetic Resonance Therapy
• Radionics
• Reiki
• Therapeutic Touch
• Chakra Healing
• Sensory Healing
• Aromatherapy
• Music therapy
• Sonopuncture
• Sound Therapy

Complementary and Alternative Medicine, Distribution Method Outlook (Revenue – USD Million, 2016 – 2028)

• Direct Sales
• E-sales
• Distance Correspondence

 

COVID-19 Vaccine Packaging and Delivery Devices Market With Business Strategies And Analysis To 2028

 The global COVID-19 vaccine packaging and delivery devices market size is expected to reach USD 3.58 billion by 2028 according to a new study by Polaris Market Research. The report “COVID-19 Vaccine Packaging and Delivery Devices Market Share, Size, Trends, Industry Analysis Report, By Product (Vials, Syringes); By Packaging (Insulated Shippers, Insulated Containers, Refrigerants) (North America, Europe, Asia Pacific, Latin America, Middle East & Africa); By Region; Segment Forecast, 2021 – 2028” gives a detailed insight into current market dynamics and provides analysis on future market growth.

 

The emergence of the COVID-19 pandemic has posed a significant challenge to the healthcare infrastructure across the globe owing to the lack of drugs to cure the condition. The mortality rate is much higher when compared to other kinds of viral associated diseases such as flu caused by Influenza. This has led to a sudden market demand for COVID-19 vaccine packaging and delivery devices.

 

Hence, there is a huge interest in developing vaccines to combat the pandemic. These vaccines need to be packaged and transported properly in a sterile manner and need to be administered properly and this is expected to be the major driving factor for the growth of the global market for COVID-19 vaccine packaging and delivery devices.

 

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There is a huge market demand for the product across the globe. U.S., China, and India are expected to be the biggest market for the COVID-19 vaccine due to their large population and huge investment in vaccine production. Till now, over 1 billion doses of vaccines are administered worldwide with 225.6 million doses in the U.S.; 216.1 million doses in China; and 140 million in India.

 

In March 2021, the U.S. government said that it will order another 100 million doses of the Johnson & Johnson, and the country has already ordered a total of 700 million doses of vaccine. The increasing demand for serums across the globe will be the main driving force behind the market growth for COVID-19 vaccine packaging and delivery devices.

  

In addition, India also has ordered 10 million extra doses of AstraZeneca’s Covaxin, which is produced by Serum Institute of India (SII), and 4.5 million of Covaxin indigenously produced by Bharat Biotech. The country is expected to cover 300 million people by August of this year. However, when compared to the total population, much more doses of vaccines are needed to vaccinate the majority of people across the globe.

 

There are many new serums in the pipeline and with the emergence of new strains pharmaceutical companies are expected to develop new serums. Since packaging and delivery is an integral part of any product manufacturing, there is a huge growth opportunity over the coming for the COVID-19 vaccine packaging and delivery devices industry.

 

Companies are collaborating on the production, packaging, and delivery devices for COVID-19 serums across the world. In March 2021, Novavax and the UK Government Vaccines Taskforce entered into an agreement with GSK under which GSK will support the production of around 60 million doses of the Novavax serum candidate. This is expected to have a positive impact on the market growth for COVID-19 vaccine packaging and delivery devices.

 

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Market Participants such as B. Braun Melsungen AG, Terumo, Becton, Dickinson and Company, Hindustan Syringes & Medical Devices Ltd., SCHOTT AG, Cardinal Health, NIPRO Medical Corporation and Gerresheimer AG are some of the key players operating in the global market for COVID-19 vaccine packaging and delivery devices.

Pharmacy Automation Devices Market Overview, Trends Forecast Analysis By Top Manufactures

 The global pharmacy automation devices market size is expected to reach USD 9.83 billion by 2028 according to a new study by Polaris Market Research. The report “Pharmacy Automation Devices Market Share, Size, Trends, Industry Analysis Report, By Product (Medication Dispensing Systems, Packaging & Labeling Systems, Storage & Retrieval Systems, Automated Medication Compounding Systems, Tabletop Tablet Counters); By Application; By Regions; Segment Forecast, 2021 – 2028” gives a detailed insight into current market dynamics and provides analysis on future market growth.

 

Pharmacy automation has been flooded with technological innovations to automate the maximum of the workflow system. It includes medication errors, faster prescriptions, and inventory discrepancies, and a decrease in the cost of service.

 

For instance, in June 2020, Switzerland-based, Swisslog Healthcare introduced “The Open Pharmacy” to transform pharmacy services in the health clubs. It enabled and automated community pharmacies to get adapted to newer trends and patient expectations. Thus, to increase the patient comfort, lessen time and money to service, expected to raise the demand for pharmacy automation devices.

 

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However, due to the sudden outbreak of COVID-19 and nation-wide lockdowns, key companies in the market were not able to raise revenue according to the market expectations, this was primarily due to lesser hospital admissions, to get rid of infections from healthcare workers or physicians in the healthcare facilities Omnicell Inc., and Becton witnessed a decline in sales by more than 3% from 2019.

 

However, this is partially offset by patient’s awareness regarding the importance of pharmacy automation devices in the healthcare sector. For instance, in the United Kingdom and Ireland, Becton witnessed an increase of more than 30% in its ROWA dispensing system, from September 2020.This is likely to drive the market growth for pharmacy automation devices.

 

Healthcare digitization among end-users is used to better manage costs and improve efficiency across the continuum of medical care to have better patient outcomes and allow more focus towards patient care. For instance, in March 2020, Swiss Healthcare introduced the “Meds to Beds” program to provide outpatient services to the patient in partnership with PipelineRx and Savioke.

The program also included robotic delivery of the prescribed medication to expand their pharma capability. This, in turn, is projected to drive the adoption of such tasks, by limiting human interventions, while maintaining the norms of social distancing in this COVID era, which is is likely to drive demand for pharmacy automation devices.

 

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Market participants of the pharmacy automation devices industry include Amerisource Bergen Corporation, Omnicell, Inc., McKesson Corporation, Deenova S.R.L, Accu Chart Plus Healthcare Systems, Inc., Pearson Medical Technologies, LLC, Talyst, LLC, ScriptPro, LLC, Medacist Solutions Group, LLC, Kirby Lester, Cerner Corporation, ARxIUM, CareFusion (Becton Dickinson), Parata Systems, LLC, Swisslog Healthcare, TouchPoint Medical, and Yuyama Co. Ltd.

 

Polaris Market Research has segmented the pharmacy automation devices market report on the basis of product, end-use, and region:

 

Pharmacy Automation Devices, Product Outlook (Revenue – USD Million, 2016 – 2028)

• Medication Dispensing Systems
• Packaging and Labeling Systems
• Storage and Retrieval Systems
• Automated Medication Compounding Systems
• Tabletop Tablet Counters

Pharmacy Automation Devices, End Use Outlook (Revenue – USD Million, 2016 – 2028)

• Hospital Pharmacy
• Retail Pharmacy

 

Customized Premixes Market Size, Recent Advancement & Scope Top Trends

 The report “Customized Premixes Market Share, Size, Trends, Industry Analysis Report, By Nutrient (Vitamins, Minerals, Amino Acids, Nucleotides, Nutraceuticals,); By Form (Powder, Liquid); By Function (Bone Health, Skin Health, Energy, Immunity, Digestion); By Application; By Regions; Segment Forecast, 2021 – 2028” gives a detailed insight into current market dynamics and provides analysis on future market growth. The global customized premixes market size is expected to reach USD 2.38 billion by 2028 according to a new study by Polaris Market Research

Consumers in the developed economies are highly health-conscious, thus increasing the consumption of functional foods, enriched with minerals, amino acids, and vitamins. A surge in consumption of dietary supplements, owing to an increase in chronic diseases, with busier lifestyles has resulted in the escalation of healthcare costs and demand for minerals enriched customized premixes, with superior health benefits.

 

Vitamins and minerals are essential for health and maintaining a healthy immune system and hormonal system, thus, supporting tissue and bone health. However, rising investment in research and development activities to develop innovative customized premixes without compromising on taste and texture, inaccurate labeling, and transportation issues, and storage and supply chains loopholes and expected to be probable challenges in customized premixes industry.

 

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he Asia Pacific customized premixes industry is projected to witness a lucrative market growth rate over the assessment period. Consumer health awareness, rising disposable income among millennials, and increased consumption of dietary supplements are few notable factors that contributed to the region’s growth. The market demand for fortified food products amid the COVID-19 outbreak has increased, particularly among South Asian nations.

 

Market participants in customized premixes industry include Koninklijke DSM N.V., ADM Animal Nutrition, Pristine premixes, Glanbia plc, Vitablend Netherland B.V., Corbion N.V., Prinova Group LLC, Farbest Brands, SternVitamin GmbH & Co. KG, Wright Enrichment Inc., Jubilant Life Sciences Limited, Provimi Animal Nutrition India Pvt. Ltd., Utrix S.A.L, BI Nutraceuticals, and Piramal Group.

 

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Polaris Market Research has segmented the customized premixes market report on the basis of nutrient, form, function, application, and region:.

 

Customized Premixes, Nutrient Outlook (Revenue – USD Million, 2016 – 2028)

• Vitamins
• Minerals
• Amino Acids
• Nucleotides
• Nutraceuticals
• Others

Customized Premixes, Form Outlook (Revenue – USD Million, 2016 – 2028)

• Powder
• Liquid

Customized Premixes, Function Outlook (Revenue – USD Million, 2016 – 2028)

• Bone Health
• Skin Health
• Energy
• Immunity
• Digestion
• Others

Customized Premixes, Application Outlook (Revenue – USD Million, 2016 – 2028)

• Food & Beverages
• Dietary Supplements
• Nutrition Products
• Others

 

Airborne ISR Market Size, Recent Advancement & Scope Top Trends

 The global airborne ISR market size is expected to reach USD 38.78 billion by 2028 according to a new study by Polaris Market Research. The report “Airborne ISR Market Share, Size, Trends, Industry Analysis Report, By Type (Manned Airborne ISR System, Unmanned Airborne ISR System); By Operation (Intelligence, Surveillance, Reconnaissance); By System; By Application; By Regions; Segment Forecast, 2021 – 2028” gives a detailed insight into current market dynamics and provides analysis on future market growth.

 

The growing military expenditure in countries such as China, U.S, and others have resulted in the growing adoption of airborne ISR systems. The advancements in technologies and the increasing need for national security would further lead to market growth. Increasing requirements for accurate and reliable systems to track, detect, and classify different types of threats, along with stringent security regulations supplement the market growth of airborne ISR systems.

 

The demand for unmanned airborne ISR systems is expected to increase during the forecast period. The increasing need to provide safety while reducing loss of personnel life coupled with lower risks, reduced costs, and greater accuracy of unmanned ISR systems boosts the market growth. Market players are introducing technologically advanced unmanned ISR systems with improved efficiency and reduced overall costs to cater to specific defense requirements.

 

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The use of higher bandwidth of frequency range, and advanced hardware components increase the overall efficiency of these systems. Technological advancement in terms of miniaturization and improvement of components has encouraged established organizations to invest in these systems.

The operation segment has been divided into intelligence, surveillance, and reconnaissance. The surveillance segment accounted for a significant share in 2019. Airborne ISR systems offer enhanced surveillance capabilities in variable visibility conditions, automatic clutter suppression, advanced processing eliminating multi-path targets, high reliability, ease of maintenance, and reduced life cycle costs.

 

On the basis of the system, the market is segmented into airborne early warning and control, signals intelligence, maritime patrol, airborne ground surveillance, electronic warfare, and others. Electronic warfare accounted for the highest market share in 2020.

 

Electronic warfare includes airborne electronic attacks, radar warning receivers, decoys, electronic warfare battle management, and mobile battle management among others. It is equipped with a receiver sensor for signal analysis to sense the environment and respond through technique generation and high-power transmission.

 

The various applications of the systems include law enforcement, surveillance & reconnaissance, search & rescue, delivery & logistics, engineering, surveying and mapping, and others. The systems are widely used for surveillance and reconnaissance owing to the ability to generate large amounts of real-time data.

 

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The systems are equipped with payload controllers, modems, sensors, video processing, power distribution, and data management tools to provide advanced image processing capabilities for the identification and tracking of maps or sensor imagery.

 

The applications offered by the systems for surveillance include detection of humans and vehicles, perimeter protection, border security, wide-open area security, fenced compounds security, military installations, and guarded facilities among others.

 

North America accounted for the largest revenue share owing to the increasing trend of automation, high defense expenditure, technology up-gradation, and the increasing threat of terrorism are likely to foster market growth in the coming years.

 

Asia-Pacific is expected to grow at a significant rate during the forecast period. Factors such as increased demand for the systems from developing nations, rise in need for improved safety solutions, increasing need for surveillance in the defense and law enforcement sectors are boosting the growth of the the systems in the Asia Pacific region.

 

The airborne ISR System market is characterized by established companies and large giants. Owing to technological advancements, and the greater need to cater to customer requirements, companies are collaborating in order to strengthen their market presence and enhance their market share.

 

Some of the major market participants include The Boeing Company, L3 Technologies Inc., Thales Raytheon Systems, Harris Corporation, General Dynamics Corporation, Northrop Grumman Corporation, UTC Aerospace Systems, Rockwell Collins Inc., General Atomics, BAE Systems PLC, Elbit Systems Ltd, Lockheed Martin Corporation, FLIR Systems Inc., Kratos Defense & Security Solutions Inc., Airbus, and CACI International Inc.

 

Roll-Your-Own Tobacco Product Market Size, Recent Advancement & Scope Top Trends

 The global roll-your-own tobacco product market size is expected to reach USD 10.38 billion by 2028 according to a new study by Polaris Market Research. The report “Roll-Your-Own Tobacco Product Market Share, Size, Trends, Industry Analysis Report, By Product (RYO Tobacco, Rolling Paper & Cigarette Tubes, Injector, Filter & Paper Tip); By Distribution Channel (Offline, Online); By Regions (North America, Europe, Asia Pacific, Latin America, Middle East & Africa); Segment Forecast, 2021 – 2028” gives a detailed insight into current market dynamics and provides analysis on future market growth.

 

Manufacturers in the market for roll-your-own tobacco product are offering a broad range of flavored cigarettes to engage with the younger generation. Flavored tobacco products are generally available in vanilla, bubblegum, mint, watermelon, and spice flavors. Menthol is the most popular flavor in the smoking industry.

 

According to the statistics published by the Food & Drug Administration (FDA), as of 2020, over 19.5 million individuals in the country smoke menthol-flavored cigarettes. However, strict legislation and prohibition on the sale of flavored cigarettes in few countries such as Turkey, Iran, Pakistan, Brazil, and Indonesia, have been hampering the uptake of roll-your-own tobacco product.

 

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Moreover, the ongoing financial crisis caused by the global pandemic COVID-19 has shaken the economy as well as individuals, particularly in middle and low-income groups. Price-sensitive consumers in the developing economies, due to lack of job and income have shifted towards low-cost alternatives, as their preferred choice. This shift has resulted in the demand for roll-your-own tobacco products.

 

According to the study done by the University College London (UCL) in 2018, roll your smokers are less likely to quit smoking as compared to factory-based cigarettes. A key reason for RYO smoker’s unwillingness to quit smoking is the low cost. Thus, the global market is projected to garner a healthy growth rate in the coming years.

 

Companies operating in the market for roll-your-own tobacco product industry Imperial Brands, Curved Papers, Inc., Japan Tobacco International, Karma Filter Tips, British American Tobacco, Scandinavian Tobacco, Altria Group, Inc., Philip Morris International, HBI International, and Shine Brands.

 

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Polaris Market Research has segmented the roll-your-own tobacco product market report on the basis of product, distribution channel, and region:

 

Roll-Your-Own Tobacco Product, Product Outlook (Revenue – USD Million, 2016 – 2028)

• RYO Tobacco
• Rolling Paper & Cigarette Tubes
• Injector
• Filter & Paper Tip

Roll-Your-Own Tobacco Product, Distribution Channel Outlook (Revenue-USD Million, 2016 – 2028)

• Offline
• Online

 

Revenue Cycle Management Market Size, Outlook, Key Prospects And Future Growth

 The global revenue cycle management market size is expected to reach USD 613.45 billion by 2028 according to a new study by Polaris Market Research. The report “Revenue Cycle Management Market Share, Size, Trends, Industry Analysis Report, By Product Type (Software, Services); By Type (Integrated, Standalone); By Delivery Mode (On-premise, Web-based, Cloud based); By End-Use (Physician Offices, Hospitals, Diagnostic Laboratories); By Regions; Segment Forecast, 2021 – 2028” gives a detailed insight into current market dynamics and provides analysis on future market growth.

 

Major advantages in outsourcing revenue cycle management services are the availability of skilled professionals, compliance, regulations, and cost-effective services. Owing to such advantages, there is an increasing trend of outsourcing revenue cycle management services over the past few years.

 

For instance, according to the research done by the Med-USA, around two-thirds of the healthcare facilities are using outsourcing services for their daily workflow management. Hence, increasing adoption of such systems is likely to garner high revenue generation during the revenue cycle management study period.

 

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However, lack of a proper reimbursement system among insurance providers and other stakeholders and lack of trust in government and private insurers is one of the hurdles in the market growth. For instance, according to the research done by the Healthcare Financial Management Association (HFMA), the average time required to reimburse payment by Medicare or Medicaid is around 28 days, while private insurers take twice more time in the processing of claims. Such delay and plausible discrepancies in reimbursement are creating hurdles in the adoption of such services.

 

Asia Pacific market for revenue cycle management is expected to witness a lucrative growth rate over the market assessment period. Rising healthcare expenditure, unmet medical needs of the population, and supportive government initiatives are the key market factors primarily responsible for the market growth for revenue cycle management.

 

Moreover, the region comprises of two most populous nations, India, and China, where there is an urgent need to offer necessary medical attention at a reasonable cost for the ever-rising lifestyle-borne chronic conditions. Thus, this high-impact rendering driver is expected to boost market demand for revenue cycle management systems.

 

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Market companies operating in the revenue cycle management industry The SSI Group, Inc., AllScripts Healthcare, LLC, Experian Health, R1 RCM Inc., McKesson Corporation, athenahealth, Inc., Epic Systems Corporation, NXGN Management, LLC, CareCloud Corporation, Quest Diagnostics, Inc., and R1 RCM Inc.

 

Polaris Market Research has segmented the revenue cycle management market report on the basis of product, type, delivery mode, end-use, and region:

 

Revenue Cycle Management, Product Outlook (Revenue – USD Million, 2016 – 2028)

• Software
• Services

Revenue Cycle Management, Type Outlook (Revenue – USD Million, 2016 – 2028)

• Integrated
• Standalone

Revenue Cycle Management, Delivery Mode Outlook (Revenue – USD Million, 2016 – 2028)

• On-premise
• Web-based
• Cloud based

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

• Physician Offices
• Hospitals
• Diagnostic Laboratories
• Others

Patient Engagement Solutions Market Size, Recent Advancement & Scope Top Trends

 The global patient engagement solutions market size is expected to reach USD 70.79 billion by 2028 according to a new study by Polaris Market Research. The report “Patient Engagement Solutions Market Share, Size, Trends, Industry Analysis Report, By Component (Software, Services, Hardware); By Delivery Type (Web-based/Cloud-based, On-premises); By End-Use (Payers, Providers, Individual Users); By Application; By Regions; Segment Forecast, 2021 – 2028” gives a detailed insight into current market dynamics and provides analysis on future market growth.

 

A growing aging population in the market coupled with a surge in chronic diseases were largely responsible for the market growth for patient engagement solutions. For instance, according to the statistics published by the American Diabetes Association, in 2020, there were around 1.5 million new diabetic patients in the U.S. each year. In line with this, the companies are engaged in developing patient-centric connected healthcare.

 

For instance, in December 2020, Roche in Thailand released its digital platform to personalize diabetes management among sufferers. Thailand has around 4.3 million people suffering from diabetes of which one-third in the market are attaining proper treatment guidelines.

 

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The platform collects individual medical data and facilitates communication between patient and caregiver. Also, innovations like this help in cutting down costs, and operational difficulties with better patient outcomes. This is likely to drive the market for patient engagement solutions over the forecast period.

 

Ongoing coronavirus pandemic had a severe consequence on the daily life of the individual and the country’s economy. Healthcare systems all over the globe suffered from unprecedented burdens in providing optimal healthcare service. This has created opportunity for the patient engagement solutions providers in the market.

 

Caregivers and healthcare establishments struggled with a sudden rise in cases, to counter this, patients stumbled upon digital technologies. COVID-19 outbreak has encouraged market companies in innovating patient engagement platforms and cloud computing services. In line with this, in April 2020, GE Healthcare introduced a cloud-based remote-monitoring tool to assist caregivers to take care of COVID-19 patients, to get rid of the infection.

 

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Market participants operating in the patient engagement solutions industry include Allscripts Healthcare Solutions, Cerner Corporation, McKesson Corporation, Phytel Inc., Medecision Inc., YourCareUniverse Inc., GetWellNetwork Inc., Orion Health Ltd., Lincor Solutions Ltd., and Athenahealth, Inc.

Polaris Market research has segmented the patient engagement solutions market report on the basis of component, delivery type, end-use, application, and region:

 

Patient Engagement Solutions, Component Outlook (Revenue – USD Million, 2016 – 2028)

• Software
• Services
• Hardware

Patient Engagement Solutions, Delivery Type Outlook (Revenue – USD Million, 2016 – 2028)

• Web-based/Cloud-based
• On-premise

Patient Engagement Solutions, End Use Outlook (Revenue – USD Million, 2016 – 2028)

• Payers
• Providers
• Individual Users

Patient Engagement Solutions, Application Outlook (Revenue – USD Million, 2016 – 2028)

• Social Management
• Health Management
• Home Healthcare Management
• Financial Health Management

 

Security Operations Center Market With Business Strategies And Analysis To 2028

 according to a new Report published  by Polaris Market Research. The report “Security Operations Center Market Share, Size, Trends, Industry Analysis Report, By Service; By End-Use (BFSI, Healthcare, Manufacturing, IT & Telecom, Retail, Transportation); By Organization Size (Large Enterprises, Small & Medium Sized Businesses); By Model; By Regions; Segment Forecast, 2021 – 2028” gives a detailed insight into current market dynamics and provides analysis on future market growth. The global security operations center market size is expected to reach USD 83.55 billion by 2028

The market is projected to witness a significant growth over the forecast period. Safety operation center provides centralized protection for preventing, detecting, analyzing, and responding to cybersecurity incidents. There has been a massive increase in need for protection against cyber-attacks and data breach by enterprises owing to increased data generation, growing adoption of mobile devices, BYOD, IoT, and social media.

 

On the basis of service, the market is segmented into incident response service, data protection & monitoring, security monitoring & detection, risk reporting and analytics, threat & vulnerability identification, and others. Incident response service plays a major role in safety operations center. Incident response includes creation of a specific and detailed action plan to be followed over time in case of an anomaly. Incident response service prioritizes threats and incidents while ensuring an effective predefined response to different threat scenarios.

 

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Increasing investments by small & medium sized businesses in the market along with technological advancement in telecommunication industry is expected to drive the market growth during the forecast period. Small and medium sized businesses are increasingly adopting security operations center to maintain efficient workflow, prevent data loss and theft, defend against external attacks, monitor security risks, and manage resources.

 

There has been an increasing demand for outsourced segment. Outsourced segment offers a secure environment, dedicated workforce, and advanced IT safety toolsets. Outsourced segment is capable of offering optimized services through analyzing trends and detection of common patterns, and other monitored environments. Other advantages of this include reduced costs, access to threat intelligence, ease of implementation, increased flexibility and scalability, and improved efficiency.

 

The end-uses of the market include BFSI, healthcare, manufacturing, IT and telecom, retail, transportation, and others. The BFSI segment accounted for a significant share in 2020. Fraud incidents and money laundering have increased significantly, encouraging BFSI organizations to adopt tools to manage and analyze security risks.

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The data generated by banking and financial institutes is highly confidential, and improvement in data security provided by security operations center would prove beneficial. The growing adoption of smart phones and other mobile devices combined with significant rise in digital payments also fuels the market growth.

 

North America dominated the global market in 2019 and is expected to maintain its dominance over the forecast period. The adoption of security operations center has increased in retail, healthcare, transportation, and manufacturing in the region. The institution continuously monitors enterprise networks, devices, appliances, and information stores for detection of advanced threats, alert management, threat response, log management, compliance management, and preventive maintenance.

 

Integration of security operations center enable enterprises to increase operational efficiency and align with business objectives and compliance. The rising need for monitoring and reporting access activities and protection of financial data and consumer information from external sources have increased the adoption of security operations center.

Owing to technological advancements, and growing need to improve secure communication, companies operating in the market are collaborating in order to retain the customers and gain market share. Broadening of product portfolio is another trend that is visible in the industry.

 

Some of the major market participants include Cisco Systems, Inc., Capgemini SE, NetMagic Solutions Pvt. Ltd., Alert Logic Inc., SecureWorks Inc., IBM Corporation, Verizon Communications Inc., British Telecom Group PLC, F5 Networks, Inc., Fortinet, Inc., Broadcom Inc., Cygilant Inc., and BlackStratus Inc.

 

Polaris Market Research has segmented the security operations center market report on the basis of service, end-use, organization size, model, and region:

 

Security Operations Center Service Outlook (Revenue, USD Million, 2016 – 2028)

• Incident Response Service
• Data Protection & Monitoring
• Security Monitoring & Detection
• Risk Reporting & Analytics
• Threat & Vulnerability Identification
• Others

Security Operations Center End-Use Outlook (Revenue, USD Million, 2016 – 2028)

• BFSI
• Healthcare
• Manufacturing
• IT & Telecom
• Retail
• Transportation
• Others

Security Operations Center Organization Size Outlook (Revenue, USD Million, 2016 – 2028)

• Large Enterprises
• Small & Medium Sized

Security Operations Center Model Outlook (Revenue, USD Million, 2016 – 2028)

• Outsourced
• In-house