Monday, 8 November 2021

Mucormycosis Market By Size, Trends, Dynamic Innovation And Key Players

 The global mucormycosis market size is expected to reach USD 616.1 million by 2028 according to a new study by Polaris Market Research. The report “Mucormycosis Market Share, Size, Trends, Industry Analysis Report; By Diagnosis (Computed Tomography, MRI, Tissue Biopsy); By Treatment (Surgery, Antifungal Drugs, Amphotericin B Therapy, Others); By End-Use; 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 along with the increasing cases of blood cancers and diabetes will be the main factors for the growth of the global market during the forecast period. Organ and bone marrow transplantation along with increasing immune-competent patients due to the conditions like HIV will also boost the growth of the global market.

 

COVID-19 has significantly impacted the globe with over 150 million cases detected worldwide. Brazil is the third-worst affected country with more than 15 million cases and India which is clocking more cases than any other country, in May 2021, and has detected more than 20 million cases from the beginning of the pandemic. Mucormycosis cases are increased in the COVID-19 patients who have undergone treatment.

 

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Steroid drugs are typically used to manage the disease condition in these patients and even though the drugs are effective in treating corona it will lead to weak immune system and blood sugar level and the patients who taken steroid medication are prone to developing mucormycosis.

 

In India, there is an enormous increase in fungal infection, and in few hospitals in urban areas, five to ten people are coming for mucormycosis treatment. Before the pandemic, mucormycosis was very rare and the emergence of COVID-19 is expected to give a major boost to the growth of the global market.

  

Every year nearly 1.8 million hematological cancers are diagnosed across the globe and bone marrow transplantation is a treatment procedure to treat these conditions. The improved technology has resulted in the increased organ transplantation in the market.

 

In the U.S. market alone, nearly, 37,000 organ transplant procedures were conducted, in 2018. Most of the patients who underwent transplant take immunosuppressive drugs which will put them at the risk of developing mucormycosis.

 

Mucormycosis is a deadly fungal disease caused by species such as Rhizopus, Mucor, Saksenaea, Apophysomyces, Lichtheimia, Cunninghamella, Rhizomucor, and others. The mortality rate of mucormycosis ranges from 17 to 66% in patients and the patients who overcome mucormycosis will suffer from blindness and organ dysfunction.

 

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Computed tomography (CT), Magnetic resonance imaging (MRI), and tissue biopsy are mainly used in the diagnosis of fungal infection in the market. Amphotericin B therapy, surgery, and antifungal drugs are the main treatment methods to cure mucormycosis.

 

Many new drugs in the market are approved to treat mucormycosis due to the increasing number of fungal infections. For instance, in March 2021, Bharat Serums and Vaccines Limited received Indian regulatory approval (DGCI) for the use of Liposomal Amphotericin B or LAmB for the treatment of mucormycosis.

 

Market Participants such as Biocon Limited, Abbott Laboratories, Cadila Pharmaceuticals Limited, F. Hoffman La Roche, Novartis AG, Merck Sharp and Dohme, Bristol Myers Squibb, Mylan Labs, Bayer AG, Sanofi, Lonza Group, Johnson & Johnson, Gilead Sciences, and Pfizer Inc. are some of the key players operating in the global market.

 

Polaris Market Research has segmented the mucormycosis market report on the basis of diagnosis, treatment, end-use, and region:

 

Mucormycosis, Diagnosis Outlook (Revenue – USD Million, 2016 – 2028)

  • Computed Tomography (CT)
  • Magnetic Resonance Imaging (MRI)
  • Tissue Biopsy
  • Others

Mucormycosis, Treatment Outlook (Revenue – USD Million, 2016 – 2028)

  • Surgery
  • Antifungal Drugs
  • Posaconazole
  • Isavuconazole
  • Voriconazole
  • Fluconazole
  • Flucytosine
  • Others
  • Amphotericin B Therapy
  • Others

Mucormycosis, End use Outlook (Revenue – USD Million, 2016 – 2028)

  • Hospitals & Clinics
  • Medical Institutes
  • Research Organization
  • Others

 

Night Vision Device Market Top 5 Manufacturer Business Strategies Analysis Report

 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 SWOT Analysis, Business Growth Opportunities By 2028

 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 Global Forthcoming Developments, Business Opportunities & Future Investments

 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 Share, Size, Trends, Industry Analysis Report

 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

 

Botanical Supplements Market Top 5 Manufacturer Business Strategies Analysis Report

 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

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

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

 

Smoke Evacuation System Market Top 5 Manufacturer Business Strategies Analysis Report

 The global smoke evacuation systems market size is expected to reach USD 286.6 million by 2028 according to a new study by Polaris Market Research. The report “Smoke Evacuation Systems Market Share, Size, Trends, Industry Analysis Report, By Product (Smoke Evacuating Systems, Smoke Evacuation Filters, Smoke Evacuation Pencils & Wands, Smoke-Evac Fusion Products, Smoke Evacuation Tubings, Accessories); By Application; By End-Use; By Regions; Segment Forecast, 2021 – 2028” gives a detailed insight into current market dynamics and provides analysis on future market growth.

 

Smoke evacuation systems are mandatory in laparoscopic procedures, as stated by the National Institute for Occupational Safety and Health Administration. However, with the ongoing COVID-19 pandemic, concerns being raised over Aerosol-generating Procedures (AGPs).

 

It is being researched that the SARS-CoV-2 virus can sustain in aerosols for up to 3 hours. Thus, effective measures have been taken for the evacuation of aerosols during AGPs to reduce transmission risk. This has increased the demand for evacuation systems, thereby fueling the market growth.

 

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Asia Pacific is projected to witness the highest growth rate over the assessment period. This is primarily due to increased efforts of key market players in commercializing their product at low cost and customized according to the need of the facility, rising purchasing power capacity of hospitals in the region, particularly in South Asian countries, and bulk purchasing from government-sponsored hospitals. Players operating in the region collaborate with local entities to sell their products in the huge untapped market.

 

In 2020, the hospital market segment accounted for the largest share. This is attributed to a high number of surgeries being performed in the hospital facilities. Most common surgeries include orthopedic and cosmetic surgeries.

 

According to the market statistics published by the Occupational Health and Safety Administration, around, 500,000 healthcare workers are exposed to surgical smoke, every year. However, the cosmetic surgery segment is projected to witness a lucrative growth rate over the study period. This is due to the rising number of cosmetic surgeries, which results in smoke during operations.

Companies operating in the market space include Medtronic, Erbe Elektromedizin GmbH, Zimmer Biomet, Stryker, CONMED Corporation, KLS Martin Group, Ethicon Inc., Symmetry Surgical Inc., Pall Corporation, and Olympus Corporation.

 

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Polaris Market Research has segmented the smoke evacuation systems market report on the basis of product, application, end-use and region:


Smoke Evacuation Systems, Product Outlook (Revenue – USD Million, 2016 – 2028)

  • Smoke Evacuating Systems
    • Stationary Systems
    • Portable Systems
  • Smoke Evacuation Filters
    • Ultra-Low Penetration Air (ULPA) Filters
    • Charcoal Filters
    • In-Line Filters
    • Pre-Filters
  • Smoke Evacuation Pencils & Wands
  • Smoke-Evac Fusion Products (Shrouds)
  • Smoke Evacuation Tubings
  • Accessories

Smoke Evacuation Systems, Application Outlook (Revenue – USD Million, 2016 – 2028)

  • Laparoscopic Surgeries
  • Orthopedic
  • Medical Aesthetic Surgeries
  • Others

Smoke Evacuation Systems, End Use Outlook (Revenue – USD Million, 2016 – 2028)

  • Hospitals
  • Ambulatory Surgical Centers
  • Cosmetic Surgery Centers
  • Dental Clinics
  • Veterinary Healthcare Providers

 

Healthcare Patent Filing Outsourcing Market Size, SWOT Analysis, Emerging Trends And Forecast

 The global healthcare patent filing outsourcing market size is expected to reach USD 1.61 billion by 2028 according to a new study by Polaris Market Research. The report Healthcare Patent Filing Outsourcing Market Share, Size, Trends, Industry Analysis Report, By Domain (MedTech, Pharmaceutical); By Service (Pre-filing, Filing & Prosecution, Post Grant); By Origin (Resident, Non-resident); 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.

 

Setbacks caused by the COVID-19 pandemic included healthcare patent filing processes across the globe, mostly due to shelter-in-place mandates. In 2020, the USPTO has extended the patent filing process by 30 days, under the CARES (Coronavirus Aid, Relief, and Economic Security) Act.

Moreover, notices and additional extensions for upcoming trademark matters were issued by the USPTO. In 2021, USPTO has also assured the introduction of patents end-to-end search tool, in association with the ongoing pilot program for peer search collaboration.

 

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Recently, in January 2020, the US and China signed an Economic and Trade Agreement, under which a system was established for filed generic drugs for the approval process. The agreement enabled patent term extensions to compensate for unnecessary delays in granting trademarks, as well as, to resolve any of the disputes. Such government initiatives are expected to augment the need for local healthcare trademark filing, and thereby, outsourcing a few of the services.

 

Trademark protection plays an important role in the pharma industry. The drug development process is a time-consuming process and costly procedure. Healthcare and pharmaceutical companies also using trademark protection to expand their market position and ease out the competition. The aforementioned benefits of patents for biopharma companies are expected to drive the market forward via rapid uptake of the filing outsourcing process.

 

Asia Pacific is projected to register a lucrative market growth rate over the healthcare patent filing outsourcing study period. Such high market growth is due to the surge in a colossal number of trademarks being filed and the availability of low cost-efficient outsourcing services among Asian countries.

 

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There is a sudden rise in applications from China. It is being predicted that, in 2019, China has filed 1,327,847 patents, in comparison with Japan and India accounting for 452,130 and 34,015 applications, respectively. As a result, Asia Pacific is expected to continue its dominance in the healthcare patent filing outsourcing industry.

 

Companies operating in the healthcare patent filing outsourcing industry include Clarivate, Bristows, Hoyng Rokh Monegier, CRJ IPR Services LLP, Patent Outsourcing Limited, ipMetrix Consulting Group, Synoptic Intellectual Patents (P) Limited, Dennemeyer, Powell Gilbert, and Carpmaels & Ransford Services Limited.

 

Polaris Market Research has segmented the healthcare patent filing outsourcing market report on the basis of domain, service, origin, and region:

 

Healthcare Patent Filing Outsourcing Market, Domain Outlook (Revenue – USD Million, 2016 – 2028)

  • Medtech
    • Assistive Care devices
    • Consumables and Disposables
    • Diagnosis and Imaging Devices
    • Drug Delivery Devices
    • Surgical Devices
    • Wearable Medical Devices
  • Pharmaceutical

Healthcare Patent Filing Outsourcing Market, Service Outlook (Revenue – USD Million, 2016 – 2028)

  • Pre-filing
  • Filing & Prosecution
  • Post Grant

Healthcare Patent Filing Outsourcing Market, Origin Outlook (Revenue – USD Million, 2016 – 2028)

  • Resident
  • Non-resident

 

Wednesday, 3 November 2021

Customized Premixes Market By Size, Trends, Dynamic Innovation And Key Players

 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 Global Forthcoming Developments, Business Opportunities & Future Investments

 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.

 

Lignans Market 2021 Opportunities, Challenges, Strategies & Forecasts 2028

 The global lignans market size is expected to reach USD 610.4 million by 2028 according to a new study by Polaris Market Research. The report Lignans Market Share, Size, Trends, Industry Analysis Report, By Source (Oilseeds, Cereals & Grains, Plant Resins); By Application (Food & Beverages, Cosmetics & Toiletries, Pharmaceuticals, Animal Nutrition, Others); 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.

 

Market in the developed countries is anticipated to account for the expansion of preventive healthcare, along with a strong focus on government in improving health standards of the individual. Lignans are recognized as Generally Recognized as Safe (GRAS) products in the U.S. to be used in the food & beverage industry.

 

Lignans are the micronutrients that are obtained from bark, root, stem, fruit, and seeds, which exhibit anti-viral, anti-fungal, and anti-bacterial properties. Lignans offer numerous health benefits and help in the prevention of neurodegenerative diseases, cancer, diabetes, skin disorders, and cardiovascular diseases.

 

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Lignans-based animal feeds offer pre-biotic effects, thereby, reducing the growth of pathogenic bacteria, maintaining intestinal micro-flora, and intestinal immunity. Lignans also assist in regulating the optimum health of animals, thereby, inducing the market demand for lignans.

However, functional foods as a substitute cannot replace the benefits of the whole plant. Moreover, a diet based on whole plants is considered healthier than functional foods, which is expected to boost the market demand for lignans in the coming years.

 

In 2020, the North America market accounted for over 20% share of the global market for lignans with the U.S. being the leading shareholder. Rising investments by the key players in the industry, and the introduction of novel products are significantly boosting the region’s market growth for lignans. In the U.S. there is a significant rise in the obese population, coupled with innovative campaigns to raise awareness also boosted the region’s market growth prospects in lignans industry.

 

Companies operating in the market for lignans include Kingherbs, Ltd., Hebei Xinqidian Biotechnology, BioGin Biochemicals, TSKG Products, LLC, Naturalin Bio-Resources Co., Shaanxi Zebrago Industrial, Prairie Tide Diversified, Inc., Xi’an Sinuotebio Tech, SPI Pharma, FarmaSino Pharmaceuticals, and Plamed Green Science Group.

 

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Polaris Market Research has segmented the lignans market report on the basis of source, application, and region:

 

Lignans, Source Outlook (Revenue – USD Million, 2016 – 2028)

  • Oilseeds
  • Cereals & Grains
  • Plant Resins

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

  • Food & Beverages
  • Cosmetics & Toiletries
  • Pharmaceuticals
  • Animal Nutrition
  • Others

 

Roll-Your-Own Tobacco Product Market (2021-2028) Advance Technology And New Innovations

 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