Mining Drill Bits Market Overview, Trends Forecast Analysis By Top Manufactures

The report “Mining Drill Bits Market Share, Size, Trends, Industry Analysis Report, By Application (Surface Mining, Underground Mining); By Material (Tungsten Carbide, Steel, Diamond, Others); By Type (DTH Hammer Bits, Rotary Bits, Others); By Bit Size; By Regions; Segment Forecast, 2021 – 2028” gives a detailed insight into current market dynamics and provides analysis on future market growth. The global mining drill bits market size is expected to reach USD 1.83 billion by 2028 according to a new study by Polaris Market Research.

 

The demand for mining drill bits is expected to increase during the forecast period owing to the growing demand for metals and minerals. The growth in the global mining industry and increasing demand for non-renewable resources such as coal and petroleum has resulted in market demand. Growing demand from emerging economies and technological advancements are factors expected to provide numerous growth opportunities in the coming years.

 

The different applications of the product include surface mining and underground mining. The surface mining segment dominated the global market in 2020. However, the demand for thess products for underground mining is expected to increase during the forecast period owing to increasing environmental concerns, reduced wastage, and easier grade control. The demand for these products for underground mining has increased to extract minerals and resources located at a significant distance beneath the ground.

 

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The different materials used for these products include tungsten carbide, steel, diamond, and others. The diamond segment dominated the global market in 2020. Market players are introducing technologically advanced polycrystalline diamond cutters specifically developed for water, oil, gas, and geothermal well drilling. The use of diamond-based products offer benefits such as reduced material loss, decreased noise, minimal chipping, and faster drilling. The tungsten carbide segment is expected to grow at a significant rate during the forecast period.

 

The different types of these bits include DTH hammer bits, rotary bits, and others. DTH hammer bits are used for applications such as underground production drilling, bench drilling, and exploration & foundation drilling. These bits are available in different sizes to increase application in water well drilling and quarrying. These bits are used in hard rock applications requiring a greater rate of penetration and superior underwater characteristics.

 

The bit size segment has been divided into below 5”, 5” – 8”, 8” – 11”, 11” – 14”, and above 14″. Market players are developing the product with different combinations of sizes and concentric and eccentric geometries for different applications and drilling conditions. Currently, in the global drill bits market, companies, manufacturers, and private organizations are collaborating to expand and cater to wider applications and develop advanced technologies.

 

Asia Pacific dominated the global market in 2020 and is expected to maintain its dominance over the forecast period. Rising industrial growth, increasing oil and gas exploration, and growth in consumption of natural resources support market growth in this region.

 

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The demand for the product is expected to increase significantly during the forecast period owing to the increasing demand for minerals and precious metals. Leading global players are expanding their presence in developing nations of this region to tap the growth opportunities offered by these countries.

 

Some of the major market participants include Rockmore International, Caterpillar Inc., Robit Plc, Epiroc AB, Sandvik AB, Western Drilling Tools Inc, Brunner & Lay Inc., Xiamen Prodrill Equipment Co., Ltd., Mitsubishi Materials Corporation, MICON-Drilling GmbH, Boart Longyear, DATC Group, and Changsha Heijingang Industrial Co., Ltd.

 

Polaris Market Research has segmented the mining drill bits market report on the basis of application, material, type, bit size, and region.

 

Mining Drill Bits Material Outlook (Revenue, USD Million, 2016 – 2028)

• Tungsten Carbide
• Steel
• Diamond
• Others

Mining Drill Bits Type Outlook (Revenue, USD Million, 2016 – 2028)

• DTH Hammer Bits
• Rotary Bits
• Others

Mining Drill Bits Bit Size Outlook (Revenue, USD Million, 2016 – 2028)

• Below 5”
• 5” – 8”
• 8” – 11”
• 11” – 14”
• Above 14″

Mining Drill Bits Application Outlook (Revenue, USD Million, 2016 – 2028)

• Surface Mining
• Underground Mining

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Brachytherapy Market Overview, Trends Forecast Analysis By Top Manufactures

 The global brachytherapy market size is expected to reach USD 1.35 billion by 2028 according to a new study by Polaris Market Research. The report “Brachytherapy Market Share, Size, Trends, Industry Analysis Report, By Product (Seeds, Applicators & Afterloaders, Electronic Brachytherapy), By Dosage Type (HDR, LDR), By Application (Prostate Cancer, Gynecological Cancer, Breast Cancer, Others), By Regions; Segment Forecast, 2021 – 2028” gives a detailed insight into current market dynamics and provides analysis on future market growth.

 

Brachytherapy is a type of radiotherapy that is used to treat Parkinson’s disease and cancers of all types. Internal radiation treatment is another name for it. Unlike external beam radiation therapy, which releases radiation from the outside, brachytherapy specifically targets the cancerous growth from the inside. Radiation seeds are implanted into cancer cells and positioned in such a way that they can most effectively attack cancer.

 

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The use of brachytherapy to kill tumor cells decreases the risk of harm to healthy organs and tissues accompanying the tumor, as well as the possibility of side effects. The increasing incidence of chronic, technological advances and increased investment in research & development by major players are all contributing to the overall market growth for brachytherapy.

As per the International Agency for Research on Cancer, cancer will affect 24.6 million people worldwide by 2030, up from 19.3 million, in 2020. This is supposed to be a significant factor in the market’s expansion. Furthermore, market growth will continue to be fueled by technological advancements and supportive regulatory scenarios, especially in developed countries.

 

Nevertheless, market growth is expected to be limited by a lack of access to technologically advanced systems, especially in developing countries, and a scarcity of qualified radiotherapy professionals. Around 70% of cancer-related deaths occur in low- and middle-income countries, but only 3-4 percent of the populace’s radiation therapy needs are being met in such countries.

The major industry players would have major investment opportunities as a result of this. Nevertheless, a scarcity of qualified radiologists and innovative radiation therapy services, as well as compensation problems, will be major impediments to the overall market growth for brachytherapy in the coming years.

 

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Some of the major players operating in the global market for brachytherapy include Varian Medical Systems, Inc., iCAD, Inc., Elekta AB, Eckert & Ziegler BEBIG, Isoray Medical, Inc., CIVCO Medical Solutions, Becton Dickinson & Company, and Theragenics Corporation.

 

Key players in the market are introducing new products. For example, IsoRay received FDA approval for GammaTile Therapy, in July 2018, for the prevention of chronic brain neoplasms. The introduction of this kind of technologically advanced product is likely to fuel the target market growth.

 

Polaris Market Research has segmented the brachytherapy market report based on product, dosage type, application, and region:

 

Brachytherapy, Product Outlook (Revenue – USD Million, 2016 – 2028)

• Seeds
• Applicators & Afterloaders
• Electronic Brachytherapy

Brachytherapy, Dosage Type (Revenue – USD Million, 2016 – 2028)

• HDR
• LDR

Brachytherapy, Application (Revenue – USD Million, 2016 – 2028)

• Prostate Cancer
• Gynecological Cancer
• Breast Cancer
• Others

 

Kidney Function Tests Market Size, Recent Advancement & Scope Top Trends

 The global kidney function tests market size is expected to reach USD 1.26 billion by 2028 according to a new study by Polaris Market Research. The report “Kidney Function Tests Market Share, Size, Trends, Industry Analysis Report, By Product (Clearance Tests, Urine Tests, Blood Tests, Dilution & Concentration Tests, Others), By End-Use (Hospitals, Diagnostic Laboratories, Research Laboratories & Institutes, Others), By Regions; Segment Forecast, 2021 – 2028” gives a detailed insight into current market dynamics and provides analysis on future market growth.

 

There are several forms of kidney function tests that look at different aspects of renal function. A kidney function examination is used to determine whether the kidneys are removing waste products too slowly and whether proteins are leaking into the urine.

 

Regular insulin sensitivity tests can aid in the early detection of issues such as kidney failure, allowing the disease’s progression to be slowed. Urine checks, blood tests, imaging studies, and kidney biopsy are all examples of kidney function tests.

 

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Market growth for kidney function tests is expected to be fueled by increased R&D activities, a higher incidence of kidney diseases, and increasing government initiatives. Kidney function tests are basic screening tests that are used to investigate and evaluate kidney functions.

 

The increasing rate of diabetes and hypertension has increases the risk of Acute Kidney Injury (AKI) and Chronic Kidney Disease (CKD), which has sparked a rise in demand for these products. The COVID-19 pandemic has fueled the market demand for kidney function tests even further.

 

As per the CDC, an estimated 15% of adults in the United States had Chronic Kidney Disease in 2019. (CKD). Blood sugar and blood pressure are the leading causes of CKD in adults, and CKD is more prevalent in older people. The low detection rate of CKD, on the other hand, is expected to be a major stumbling block to market growth for kidney function tests. According to the National Kidney Foundation, nearly 90% of people with CKD are unaware of their condition, resulting in a low number of diagnoses.

 

Market participants such as F.Hoffmann-La Roche Ltd, Siemens Healthineers, C. R. Bard, Inc, Abbott Laboratories, Nova Biomedical, Baxter International Inc, Cook Medical, Boston Scientific Corporation, Danaher Corporation, and Sysmexare some of the key players operating in the market for kidney function tests.

 

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RenalytixAI, for example, submitted a 510(k) approval to the FDA for its latest KidneyIntelX assay, in August 2020. It’s a clinical diagnostic test that uses Artificial Intelligence (AI) to identify and improve the clinical management of Type 2 diabetes patients with rapidly developing kidney disease. During the study era, the introduction of such advanced technologies is anticipated to accelerate market growth.

 

Polaris Market Research has segmented the kidney function tests market report based on product, end-use, and region:

 

Kidney Function Tests, Product Outlook (Revenue – USD Billion, 2016 – 2028)

• Clearance Tests
• Urine Tests
• Blood Tests
• Dilution and Concentration Tests
• Other Tests

Kidney Function Tests, End-Use Outlook (Revenue – USD Billion, 2016 – 2028)

• Hospitals
• Diagnostic Laboratories
• Research Laboratories and Institutes
• Others

 

Neurovascular Intervention Devices Market Size, Recent Advancement & Scope Top Trends

 The global neurovascular intervention devices market size is expected to reach USD 4.22 billion by 2028 according to a new study by Polaris Market Research. The report “Neurovascular Intervention Devices Market Share, Size, Trends, Industry Analysis Report, By Product (Artificial Embolization Devices, Stents, Thrombectomy Devices, Support Devices); By Application (Intracranial Aneurysm, Ischemic Stroke, Arteriovenous Malformation); By Region; Segment Forecast, 2021 – 2028” gives a detailed insight into current market dynamics and provides analysis on future market growth.

 

Neurovascular intervention devices are used in the treatment of various neurological conditions such as epilepsy, stroke, and some form of CNS tumors. Neurovascular intervention devices include artificial embolization devices, stents, thrombectomy devices, and other support devices such as microcatheters and an embolic protection system.

 

Stents in neurology are mainly used to open up narrowed arteries or veins in the nervous system. There are various types of stents that include intracranial stents, stenosis stents, stent-graft, aneurysm coil stents, neck reconstruction stents, and carotid stents, which are widely used in healthcare market driving the growth for neurovascular intervention devices industry.

 

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Thrombectomy devices use technologies such as ultrasound-assisted catheter-directed thrombolysis that aids thrombolytic agents to penetrate and clear the clots. Artificial embolization devices are used in plugging arteriovenous malformations with small platinum coils or glue material to control hemorrhaging caused by aneurysms and arteriovenous malformations.

 

The increase in neurological disorders, aged population, and increasing demand for non-invasive procedures is expected to boost the global market for neurovascular intervention devices market during the forecast period. Every year nearly 15 million people suffer from stroke and around 5 million deaths worldwide. High blood pressure is responsible for more than 12 million strokes globally.

 

Several new products have been launched in the global market for neurovascular intervention devices market in the recent period. MicroVention received FDA Approval for the WEB 17 System in January 2021. It is a WEB Aneurysm Embolization System based on microbraid technology. The system consists of a lower profile delivery system along VIA 17 microcatheter and it is used in the treatment of intracranial wide-neck bifurcation aneurysms.

 

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In 2020, Medtronic acquired RIST Neurovascular Inc., which has developed RIST Cath Radial Access Long Sheath (RIST Cath), used in treating various conditions in the coronary, peripheral and neurovascular system. In February 2021, Medtronic has announced the expansion of the restricted site release of RIST Neurovascular, Inc.’s newly acquired radial artery access portfolio, which comprises the Rist Radial Access Selective Catheter and Rist 079 Radial Access Guide Catheter.

 

Market Participants such as Medtronic Plc, Stryker Corporation, Terumo Corporation (MicroVention, Inc.), Balt Extrusion, Penumbra, Inc., Boston Scientific Corporation, Johnson & Johnson, Silk Road Medical Inc., Abbott Laboratories, Acandis GmbH, and Microport Scientific Corporation are some of the key players operating in the global market for neurovascular intervention devices.

 

Polaris Market Research has segmented the neurovascular intervention devices market report on the basis of product, application, and region: 

 

Neurovascular Intervention Devices, Product Outlook (Revenue – USD Million, 2016 – 2028)

• Artificial Embolization Devices
  • Coils
    • Bare Metal Coils
    • Coated Coils
  • Liquid Embolics
  • Flow Diverters
  • Flow Disruptor
  • Others
• Stents
  • Intracranial Stents
    • Stenosis Stents
    • Aneurysm Coil Stents
  • Carotid Stents
• Thrombectomy Devices
  • Stent Retrievers
  • Aspiration Devices
• Support Devices

Neurovascular Intervention Devices, Application Outlook (Revenue – USD Million, 2016 – 2028)

• Intracranial Aneurysm
• Ischemic Stroke
• Arteriovenous Malformation
• Other Diseases

 

Sternal Closure Systems Market Size, SWOT Analysis, Emerging Trends and Forecast

 The global sternal closure systems market size is expected to reach USD 2.68 Billion by 2028 according to a new study by Polaris Market Research. The report “Sternal Closure Systems Market Share, Size, Trends, Industry Analysis Report, By Product (Closure Devices, Bone Cement), By Material (Titanium, PEEK, Stainless Steel), By Procedure (Median Sternotomy, Hemisternotomy, Bilateral Thoracosternotomy), By Region; Segment Forecast, 2021 – 2028” gives a detailed insight into current market dynamics and provides analysis on future market growth.

 

Sternal closure systems are designed to help with the fixation and stabilization of front chest wall fractures. The devices are used to facilitate sternal fusion subsequent sternotomies and sternal reconstructive invasive procedures.

 

During the forecast era, factors such as technological advancements in sternotomy techniques, a rise in the group of patients, a surge in surgical procedures, a large geriatric undergoing open-heart surgery, and increased provision of healthcare reimbursements in developed economies are expected to propel the market growth for sternal closure systems.

 

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Furthermore, due to an increase in the burden of non-communicable diseases and accidents, there is an increase in spending in public health care facilities in developing countries. This is anticipated to upsurge the number of invasive procedures in emerging countries.

 

The rising number of surgeries performed to treat complex cardiovascular disorders is driving the market. According to the CDC, about 30.3 million people (12.1%) in the U.S. were diagnosed with heart diseases, in 2018. According to the CDC’s National Health Interview Survey, 28.1 million people have been diagnosed with heart-related diseases in 2016, including valvular heart disease and cardiac arrest. Furthermore, technical advances like Talon systems, double sternal cables, and favorable reimbursement conditions are expected to drive development soon.

 

Market participants such as Zimmer Biomet, B. Braun Melsungen AG, GE Healthcare, A&E Medical Corporation, Jace Medical, LLC, KLS Martin Group, Orthofix Holdings, Inc., Acute Innovations, Abyrx, Inc., Johnson & Johnson, and Kinamed Incorporated are some of the leading players operating in the market for sternal closure systems.

 

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Mergers & acquisitions, new product growth, and regional expansion are all primary tactics used by market leaders to ensure their long-term viability. For example, Zimmer Biomet Holdings Inc. announced to enter into an acquisition agreement with A&E Medical Corporation, in December 2020, to increase access to its product portfolio and guarantee long-term progress.

 

Polaris Market Research has segmented the sternal closure systems market report based on product, material, and procedure, and region: 

 

Sternal Closure Systems, Product Outlook (Revenue – USD Billion, 2016 – 2028)

• Closure Devices
  • Wires
  • Plates and Screws
  • Clips
  • Cables
• Bone Cement

Sternal Closure Systems, Material Outlook (Revenue – USD Billion, 2016 – 2028)

• Titanium
• Polyether Ether Ketone (PEEK)
• Stainless Steel
• Others

Sternal Closure Systems, Procedure Outlook (Revenue – USD Billion, 2016 – 2028)

• Median Sternotomy
• Hemisternotomy
• Bilateral Thoracosternotomy
• Others

 

Downstream Processing Market Size, SWOT Analysis, Emerging Trends and Forecast

 The global downstream processing market size is expected to reach USD 65.66 Billion by 2028 according to a new study by Polaris Market Research. The report “Downstream Processing Market Share, Size, Trends, Industry Analysis Report, By Technique (Cell Disruption, Solid-liquid Separation, Concentration, Purification by Chromatography, Formulation); By Product; By Application; By Regions; Segment Forecast, 2021 – 2028” gives a detailed insight into current market dynamics and provides analysis on future market growth.

 

Downstream processing is a form of process that involves purification and the recovery of biosynthetic products, especially pharmaceuticals derived from natural sources. It is divided into five stages: solid-liquid separation, intracellular substance release, concentration, and purification and formulation using chromatography. Flocculation, centrifugation flotation, and filtration are examples of solid-liquid separation methods.

 

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Rising demand for biological products, increasing implementation of biotech practices in the agricultural, pharmaceutical, and bio-services industries, the developments in the field of gene therapy and genetic engineering, and increasing adoption of single-umbrella solutions are all contributing to market growth for downstream processing.

 

The bandwidth requirements for biologic drug production have shifted in recent years, with the market for high-volume products giving way to the development of small-volume, high-potency products. This opens lucrative opportunities for single-use downstream processing technology.

 

Evolutionary developments in single-use system for producing small amount, very effective drugs are anticipated, given that small-scale, single-use systems are already widely used for process creation and downstream processing. Innovative film chemistries, closed systems, clinical-scale single-use device optimization, and smart sensors are only a few of the notable innovations in the field.

 

Market participants such as 3M Company, Danaher Corporation, Ashai Kasei, Corning Corporation, Lonza Group Ltd, Boehringer Ingelheim International GmbH, Dover Corporation, Eppendorf AG, Ferner PLC, Merck KGaA, GE Healthcare, Sartorius Stedim Biotech S.A, Thermo Fisher Scientific Inc., and Repligen are some of the leading players operating in the market for downstream processing.

 

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The market is expected to grow as the number of downstream processing applications for biopharmaceutical manufacturing grows. This has resulted in a rise in strategic deals and business growth for downstream processing. Evozyne, LLC, for example, collaborated with a leading rare disorders drug manufacturer in February 2021, to produce and market novel immune modulation biopharmaceuticals.

 

Polaris Market Research has segmented the Downstream Processing market report based on product, technique, and application, and region: 

 

Downstream Processing, Product Outlook (Revenue – USD Billion, 2016 – 2028)

• Chromatography Systems
• Filters
• Evaporators
• Centrifuges
• Dryers
• Others

Downstream Processing, Technique Outlook (Revenue – USD Billion, 2016 – 2028)

• Cell Disruption
• Solid-liquid separation
  • Filtration
  • Centrifugation
• Concentration
  • Evaporation
  • Membrane filtration
• Purification by Chromatography
• Formulation

Downstream Processing, Application Outlook (Revenue – USD Billion, 2016 – 2028)

• Antibiotic Production
• Hormone Production
• Antibodies Production
• Enzyme Production
• Vaccine Production

 

Botanical Supplements Market Size, Outlook, Key Prospects and Future Growth

 The global botanical supplements market size is expected to reach USD 48.75 billion by 2028 according to a new study by Polaris Market Research. The report “Botanical Supplements Market Share, Size, Trends, Industry Analysis Report, By Source (Herbs, Leaves, Spices, Flowers, Others); By Form (Powder, Liquid, Tablets, Capsules, Gummies, Others); By End-Use (OTC, Prescribed); By Application; By Regions; Segment Forecast, 2021 – 2028” gives a detailed insight into current market dynamics and provides analysis on future market growth.

 

As per the survey done by Nutritional Outlook, it is being found that prevention and immunity are the most important purchase drivers in the market for botanical supplements. In 2019, immunity positioned fifth in the list of consumer market demands, and moved to third place, following the onset of the COVID-19 pandemic. Over 61% of the respondents in the U.S. said that they increased supplement consumption to invigorate immunity.

 

Moreover, the market survey also revealed that the COVID-19 pandemic has encouraged dietary changes, with botanical supplements accounted for over 44% of consumers in the country. It is being stated that the shift was primarily to promote sound immune heath.

 

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Moreover, according to the statistics published by the American Botanical Council, in 2018, the sale of ashwagandha increased exponentially and was one of the 40 top-selling ingredients in both herbal and natural retail stores. The global health and nutrition industry is flooded with natural ingredients that can induce athletic performance in an individual. The shift is more towards plant-based botanical supplements.

 

In 2020, the North America botanical supplements industry accounted for over 30% of the global market. Region’s dominance is due to rising consumer awareness regarding the potential benefits of the health supplements coupled with growing interest in natural products. Moreover, the rising rate of obese population in the U.S. and the increase in vegan population also propelled the region’s market growth for botanical supplements.

 

Companies operating in the market for botanical supplements Dabur India, Nutraceutical International Company, NBTY Inc., Mondelez International, The Himalaya Drug Company, Ricola AG., Procter and Gamble, BASF SE, and Blackmores Limited.

 

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Polaris Market Research has segmented the botanical supplements market report on the basis of source, form, application, end-use, and region:

 

Botanical Supplements, Source Outlook (Revenue – USD Million, 2016 – 2028)

• Herbs
• Leaves
• Spices
• Flowers
• Others

Botanical Supplements, Form Outlook (Revenue – USD Million, 2016 – 2028)

• Powder
• Liquid
• Tablets
• Capsules
• Gummies
• Others

Botanical Supplements, Application Outlook (Revenue – USD Million, 2016 – 2028)

• Energy & Weight Management
• General Health
• Bone & Joint Health
• Gastrointestinal Health
• Immunity
• Cardiac Health
• Diabetes
• Anti-cancer
• Others

Botanical Supplements, End Use Outlook (Revenue – USD Million, 2016 – 2028)

• OTC
• Prescribed

 

Sterilization Container Systems Market By Size, Trends, Dynamic Innovation And Key Players

 The global sterilization container systems market size is expected to reach USD 401.9 million by 2028 according to a new study by Polaris Market Research. The report “Sterilization Container Systems Market Share, Size, Trends, Industry Analysis Report, By Material (Stainless Steel, Aluminum, Others); By Type (Perforated, Non-Perforated); By Product; By Region; Segment Forecast, 2021 – 2028” gives a detailed insight into current market dynamics and provides analysis on future market growth.

 

Sterilization storage systems are customized reusable systems used to store, transport, and protect surgical medical supplies post sterilizing. Furthermore, these boxes are made up of numerous materials and sizes and are employed via sterilizing agents to enter the boxes. Rigid boxes are a suitable product substitute for pouches and wraps generally used to package surgical instruments. They provide substantial environmental and economic benefits coupled with improved safety.

 

The reusability of these boxes leads to the massive reduction in the medical waste generated compared to sterilizing wraps and their associated disposal cost. According to the Practice Greenhealth, disposal processing is expected at around 8-10 torn sets/week. The organization’s cost was around USD 800 to 1000, and on an annual subscription basis, it costs approximately USD 45,000.

 

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According to the article by the American Hospital Association, ‘Convert to Rigid Reusable Sterilization Containers’ the switch to the storage systems saves a significant amount of money, improves patient safety, decreases re-processing turnaround time, and substantial storage space.

 

However, the initial cost of acquiring wraps is lower. In contrast, sterilizing containers are cost-effective because such storage can be re-used and do not incur several costs for waste disposal. Furthermore, the storages deliver momentous environmental benefits as they do not cause any medical waste.

 

Market participants include Becton, Dickinson, and Company (BD), Integra LifeSciences Corporation, Medline Industries, Inc., KLS Martin Group, B. Braun Melsungen AG, Johnson & Johnson, Ritter GmbH, MELAG Medizintechnik GmbH & Co. KG, Hu-Friedy Mfg. Co., LLC, Case Medical, Summit Medical LLC., GPC Medical Ltd., AYGÜN Co., Inc., C.B.M. S.r.l. Medical Equipment, GPC Medical Ltd., and EMED are key players operating in the global market.

 

Companies are investing heavily in research & development and subsequent product launches to have a competitive advantage over other market players. For example, in April 2020, the FDA approved the launch of Steris V-PRO 1 Plus and maX, a low-temperature system for hospitals to treat COVID-19 patients.

 

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Polaris Market Research has segmented the sterilization container systems market report on the basis of product, type, material, and region:

 

Sterilization Container Systems, Product Outlook (Revenue – USD Million, 2016 – 2028)

• Sterilization Containers
• Accessories

Sterilization Container Systems, Type Outlook (Revenue – USD Million, 2016 – 2028)

• Perforated
• Non-Perforated

Sterilization Container Systems, Material Outlook (Revenue – USD Million, 2016 – 2028)

• Stainless Steel
• Aluminum
• Others

 

Carbon Capture and Storage Market With Business Strategies And Analysis To 2028

  2021-2026 Trending  | Carbon Capture and Storage Market: 

The global carbon capture and storage market size is expected to reach USD 10.45 billion by 2026 according to a new study by Polaris Market Research. The report “Carbon Capture and Storage Market Share, Size, Trends, Industry Analysis Report By Capture Type (Pre-Combustion, Industrial Separation, Oxy-Fuel Combustion, Post-Combustion); Application (Enhanced Hydrocarbon Recovery Process (EOR), Industrial, Agriculture); By Regions, Segments & Forecast, 2020 – 2026” gives a detailed insight into current market dynamics and provides analysis on future market growth.

 

Carbon capture and storage constitute a series of technologies that facilitate the isolation of mainly carbon dioxide from fossil fuels, manufacturing & process waste streams. This is followed by compression, transportation and injection into permanent geological storage. The compressed carbon dioxide is transported through ships or pipeline to the geological formation sites. It is permanently stored in the deep underground geological formations, which may be onshore or offshore. Currently much of the R&D effort is aimed at reducing the energy losses due to capture in the various process steps but one of the greatest improvements to the overall IGCC technology is the development of high firing temperature larger gas turbines of higher efficiency.

 

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The global CCS market is at emerging stage despite of the increasing amount of carbon dioxide emitted every year. It is estimated that there are more than 22 CCS projects globally with more than 16 projects kicking-off during the coming years. The major reason for slow growth in the scenario of new projects is majorly due to complex and stringent government regulations and slow economic growth majorly in the European region. Some of the main factors that are crucial for the rapid development of the CCS industry over the forecast period include increase of financial support for demonstration and early deployment of CCS to drive private financing of projects and to prove capture systems at pilot scale in industrial applications where CO2 capture has not yet been demonstrated. Efforts to reduce the cost of electricity from power plants equipped with capture through continued technology development and use of highest possible efficiency power generation cycles. Development of efficient CO2 transport infrastructure by anticipating locations of future demand centers and future volumes of CO2 are some of the other prominent issues that need to be focused on for significant market growth over the forecast period.

 

The cost of carbon capture and storage vary widely. It depends on the capturing technology whether it is to be added to an existing plant as a retrofit or built into a new plant, on the type of power plant. It also depends on the time when the carbon is being captured such as post-combustion, pre-combustion or oxy-fuel in which coal is burned in pure oxygen rather than air to produce pure CO2 emissions, on the type of CO2 transport such as pipeline and on the type of storage such as porous underground saltwater formations, EOR projects, depleted oil and gas reservoirs and coal seams. The cost of the CCS technology along with new plant set up is very high which may not prove to be a viable solution for many industry players and even countries globally. Therefore, the high cost of CCS is expected to restraint the market in the near future. Furthermore, patent expiry of major blockbuster agents and expected launch of generic version are likely to restrain the growth of the market during the forecast period.

 

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The global market is dominated by North America as this region has a perfectly framed regulatory framework. . The government is actively promoting the deployment of emission technologies across the country along with extensive use of EOR methods will complement the industry landscape. In addition, the U.S. introduced the Section 45Q tax credit for the carbon capture projects providing a fundamental policy for increasing the installation of CCS projects. Furthermore, the EU considers the technology crucial to hit its climate goals, which will require the union’s member states to reach net-zero emissions within decades.

 

European Court of Auditors stated that the EU spent more than €424 million ($486 million) over the past decade fruitlessly trying to establish carbon-capture technology. However, the Asia Pacific countries are anticipated to witness the fastest growth over the forecast period for this market with the presence of several high economically growing countries. The emerging economies in the region such as China and India along with countries such as Japan, Indonesia and Malaysia are focusing on cleaner environment owing to rapid industrialization in the region, thereby, leading to increased carbon emissions. Furthermore, Middle East and Latin America are also expected to witness significant growth over the forecast period.

 

The key players in the market include Shell CANSOLV, AkerSolutions, Statoil, Dakota Gasification Company, Linde, Siemens AG, Fluor, Sulzer, Mitsubishi Heavy Industries, Maersk Oil, Japan CCS Co., Ltd., and HTC CO2 Systems Corp.  among others.

 

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Microfluidics Market 2021 Opportunities, Challenges, Strategies & Forecasts 2028

 The global microfluidics market size is expected to reach USD 55.18 billion by 2028 according to a new study by Polaris Market Research. The report “Microfluidics Market Share, Size, Trends, Industry Analysis Report, By Material (Silicon, Glass, Polymer, PDMS); Technology (Medical, Non-medical); By Application; By Region; Segment Forecast, 2021 – 2028” gives a detailed insight into current market dynamics and provides analysis on future market growth.

 

The major factors driving the growth of the market are the need for miniaturization of PoC devices and the need to develop new 3D culture models that can mimic the pathophysiology of human organs for disease models and drug screening.

 

The use of the product will greatly enhance PoC devices in speed and accuracy. The increased incidences of chronic diseases such as diabetes led to the increased use of PoC devices as these devices can help monitor the disease in a home setup.

 

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New culture models such as Organ-on-a-chip model systems are developed using microfluidic technology. These systems can mimic the physiology of organs such as lungs, kidneys, and others. They have applications in disease modeling to understand the pathophysiology of the disease and in drug screening as currently available in vitro platforms for drug screening have limitations.

 

In 2021, LumiraDx received approval for a microfluidic immunofluorescence assay to detect SARS-CoV-2 antigen in Japan and Brazil. In January 2021, LexaGene announced the launch of the MiQLab system from research-only use to POC use to detect the SARS-CoV-2 virus after receiving emergency use authorization (EUA) in the U.S.

 

COVID-19 pandemic is expected to further fuel the growth of the global industry. There is a time-bound urgency to develop rapid diagnostic tests and screen and develop drugs in pandemic times to bring down the pandemic under control. The product-based PCR will help significantly in the diagnosis of disease.

 

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Market Participants such as Roche Ltd, PerkinElmer, Agilent Technologies, Inc., Danaher Corporation, Abbott Laboratories, Life Technologies Corporation, Thermo Fisher Scientific, Biomerieu, Illumina, Inc., Qiagen, Bio-Rad Laboratories, Elveflow, Micronit Micro Technologies B.V., Cellix Ltd., and Fluidigm Corporation are few key players operating in the global industry.

 

Polaris Market Research has segmented the microfluidics market report on the basis of technology, material, application, and region:

 

Microfluidics, Technology Outlook (Revenue – USD Million, 2016 – 2028)

• Medical
• PCR & RT-PCR
• Gel Electrophoresis
• Microarrays
• Enzyme-linked Immunosorbent Assay (ELISA)
• Others
• Non-medical

Microfluidics, Material Outlook (Revenue – USD Million, 2016 – 2028)

• Silicon
• Glass
• Polymer
• Polydimethylsiloxane (PDMS)
• Others

Microfluidics, Application Outlook (Revenue – USD Million, 2016 – 2028)

• Lab-On-A-Chip
• Organs-On-Chips
• Continuous Flow Microfluidic
• Optofluidics and Microfluidic
• Acoustofluidics and Microfluidics
• Electrophoresis and Microfluidics

 

Surgical Instrument Tracking Market 2021 Opportunities, Challenges, Strategies & Forecasts 2028

 The global surgical instrument tracking systems market size is expected to reach USD 383.9 million by 2028 according to a new study by Polaris Market Research. The report “Surgical Instrument Tracking Systems Market Share, Size, Trends, Industry Analysis Report, By Product (Hardware, Software, Services); By Technology; By Region; Segment Forecasts, 2021 – 2028” gives a detailed insight into current market dynamics and provides analysis on future market growth.

 

The increased regulation for surgical instrument tracking systems in countries like the U.S. and China is the major factor that is driving the growth of the industry globally. The increased adoption owing to better patient practices in hospitals along with the emergence of new tracking system technologies is expected to further boost the growth of the industry.

 

Medical instrument tracing improves the sterile processing and distribution processes of the medical devices in hospitals that greatly contribute to patient safety. There is also an increased case of retained equipment after surgery and the mortality rate is 2% in the case of retained surgical objects and hence the adaptation of 2D barcodes and RFID to track devices in operation theatres will help to reduce any mishap during surgeries.

 

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COVID-19 is expected to have a negative impact on the industry as most of the countries are following temporary lockdown and this has affected the transportation of medical devices. The temporary shutdown of medical device manufacturing sites in worst-affected countries and travel restrictions impacting shipments is expected to slow down the growth of the industry. The situation is expected to gradually improve in the few months after which the market is expected to witness upward growth.

 

Industry Participants such as Spatrack Medical Limited, Censis Technologies, Inc., Xerafy Singapore Pte Ltd., Getinge AB, Fingerprint Medical Limited, B. Braun Melsungen AG, Haldor Advanced Technologies, BD, Microsystems, INC, and Ternio Group LLC., are some of the key players operating in the global market.

 

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Polaris Market Research has segmented the surgical instrument tracking systems market report on the basis of product, technology, end-users, and region:

 

 Surgical Instrument Tracking Systems, Product Outlook (Revenue – USD Million, 2016 – 2028)

• Hardware
• Software
• Services

Surgical Instrument Tracking Systems, Technology Outlook (Revenue – USD Million, 2016 – 2028)

• Barcodes
• Radio Frequency Identification (RFID)

Surgical Instrument Tracking Systems, End-Use Outlook (Revenue – USD Million, 2016 – 2028)

• Hospitals
• Others

 

Buttock Augmentation Market (2021-2028) Advance Technology And New Innovations

 The global buttock augmentation market size is expected to reach USD 4.42 billion by 2028 according to a new study by Polaris Market Research. The report “Buttock Augmentation Market Share, Size, Trends, Industry Analysis Report, By Product (Buttock Implants, Buttock Injections); By End-Use (Hospitals, Aesthetic Clinics); By Region; Segment Forecasts, 2021 – 2028” gives a detailed insight into current market dynamics and provides analysis on future market growth.

 

The augmentation procedures are gaining popularity in recent years, and it is one of the commonly performed cosmetic surgical procedures. The huge demand for these procedures and increased awareness among the public, and availability of new implant materials are expected to drive the growth of the market globally.

 

In the past decade, the emergence of silicone-based gluteal implants has increased the success rate of these procedures. The emerging technologies have also reduced the side effects associated with the procedures, and hence more people are undergoing this procedure.

 

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Nearly half a million procedures were conducted in 2019. Brazil, the U.S., Mexico, Italy, Germany, Japan, Turkey, France, India, and Russia are the leading countries for cosmetic surgeries, including augmentation. In Germany, 5,838 procedures of augmentation and more than 2,300 buttock lift procedures were carried out in 2018.

 

Companies are focusing on increasing the production capacity of implants and are also looking to develop new innovative products. For instance, in 2020, Polytech Health and Aesthetics proposed to invest a significant amount in expanding its new state-of-the-art facility in Germany. The company also proposed shifting its current headquarters to the new facility. The expansion is expected to increase the production capacity of its products that includes implants.

 

The COVID-19 pandemic will hinder the growth of the market globally. Globally all elective surgeries and cosmetic procedures are being postponed due to the Covid crisis owing to the non-availability of staff and healthcare infrastructure during the crisis. These procedures require hospitalization for a brief period. There are chances people may get infected during the hospital stay, and hence many people are voluntarily opting out of these procedures temporarily.

 

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Polaris Market Research has segmented the buttock augmentation market report on the basis of product, end-use, and region:

 

 Buttock Augmentation, Product Outlook (Revenue – USD Million, 2016 – 2028)

• Implants
• Silicon Gel Implants
• Fat Grafting
• Injections
• Hydrogel Butt Injections
• PMMA Butt Injections
• Poly-L-lactic acid
• Silicone Butt Injections

Buttock Augmentation, End-Use Outlook (Revenue – USD Million, 2016 – 2028)

• Hospitals
• Aesthetic Clinics
• Others

 

Anti-acne Cosmetics Market By Size, Trends, Dynamic Innovation And Key Players

 The global anti-acne cosmetics market size is expected to reach USD 4.56 billion by 2028 according to a new study by Polaris Market Research. The report “Anti-acne Cosmetics Market Share, Size, Trends, Industry Analysis Report, By Product Type (Mask, Creams & Lotions, Cleaners & Toners, Others); By End-Use (Women, Men); By; Segment Forecast, 2021 – 2028” gives a detailed insight into current market dynamics and provides analysis on future market growth.

 

The major driving force behind the growth of anti-acne cosmetic products is the increased use of cosmetic products by men, the emergence of organic cosmetics, and increased urbanization in many developing countries across the globe. Few decades only, women were using anti-acne cosmetic products; however, men are increasingly using cosmetics in recent years.

 

Several well-known skincare brands are launching anti-acne cosmetic products specifically for men. Previously, most products were chemical-based cosmetics, but in recent years, organic cosmetics were introduced in the industry due to fewer side effects associated with them.

 

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According to the clinical data published by Dermatology Times, in April 2021, tazarotene 0.045 % lotion was effective for treating facial acne. The trial was conducted on 1,612 patients by ortho dermatologists, and the lotion improves the quality of life in both moderate and severely affected acne patients.

 

Creams & lotions dominated the market in 2020, as they’re the first line of treatment for all forms of acne and offer surface moisturization. Increased demand for these products, as it provides protection from bacteria and skin diseases such as psoriasis, will further help maintain significant market share during the forecast timeframe.

 

COVID-19 pandemic is expected to play a less significant role in the growth of the global market. Most of the anti-acne products are used in-home care treatment, which requires no medical advice, and hence even during the pandemic, the consumer base for the products is seeing an upward growth.

 

Many companies are entering into a collaboration to develop new innovative products. GlaxoSmithKline entered into USD 224 million partnership with Eligo in January 2021 to develop a treatment known as Eligobiotics that will target bacteria that causes acne. Key companies are also expanding their business to maintain a competitive edge.

 

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In August 2020, Cassiopea SpA in Italy had developed an acne treatment Winlevi (clascoterone cream 1 percent) that has been approved by the U.S. Food and Drug Administration (FDA). Winlevi is the first of its kind acne treatment with a novel mode of action to receive FDA approval in the U.S. In April 2021, Teva Pharmaceuticals announced the U.S. launch of Absorica capsules to treat severe recalcitrant nodular acne in patients aged 12 and above.

 

Polaris Market Research has segmented the anti-acne cosmetics market report on the basis of product, end-use, and region:

 

 Anti-acne Cosmetics, Product Type (Revenue – USD Million, 2016 – 2028)

• Mask
• Creams & Lotions
• Cleaners & Toners
• Others

Anti-acne Cosmetics, End-Use Outlook (Revenue – USD Million, 2016 – 2028)

• Women
• Men

Anti-acne Cosmetics, Regional Outlook (Revenue – USD Million, 2016 – 2028)

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