Microfluidics Market Analysis Global Size, Share, Growth, Industry Demand And Forecast To 2028

 Microfluidics Market Size & Share | Global Industry Forecast Report, 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

 

Night Vision Device Market Analysis Includes Size, Demand, Applications, Key Insights 2021 To 2028

 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: Future Demand, Industry Analysis & Outlook To 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, Recent Advancement & Scope Top Trends

 Global Complementary And Alternative Medicine Market Size Report, 2028

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

 

Flow Cytometry Market Analysis Global Size, Share, Growth, Industry Demand And Forecast To 2028

 The global flow cytometry market size is expected to reach USD 12.29 billion by 2028 according to a new study by Polaris Market Research. The report “Flow Cytometry Market Share, Size, Trends, Industry Analysis Report, By Product (Instruments, Reagents & Consumables, Software, Accessories, Services), By Technology (Cell-based, Bead-based), By Application (Research, Industrial, Clinical), By End-Use, By Region; Segment Forecast, 2021 – 2028” gives a detailed insight into current market dynamics and provides analysis on future market growth.

 

Over the forecast period, the high incidence of chronic diseases, the launch of technically advanced flow cytometry solutions, and rising R&D investments in the pharma companies are anticipated to accelerate market development. Also, the rising incidence of cancer, autoimmune disease abnormalities, and contagious diseases, such as the COVID-19 outbreak, has boosted the demand for flow cytometry solutions in clinical and research settings.

 

According to the American Cancer Society, approximately 1.8 million new cases of cancer were reported in the U.S. market in 2020. Moreover, as per the National Cancer Institute (NCI), there were approximately 16.9 million cancer sufferers in the U.S., as of January 2019.

 

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Growing regulatory approval and the launch of technically advanced flow cytometry technologies are expected to aid market development of flow cytometry. Sysmex Corporation, for example, unveiled the XF-1600 cytometers for laboratories in the U.S., in June 2020.

 

Besides, Beckman, a Danaher Corporation company, expanded its portfolio of offerings, in January 2019, with the introduction of its latest ClearLLab 10C System. It is an integrated solution that offers a streamlined workflow that ensures consistency and reliability in clinical results.

 

Future market growth opportunities in flow cytometry solutions are expected to be provided by technological advances that result in increased accuracy, and cost-effectiveness. Miniaturized high-throughput cytometers are expected to gain market popularity shortly.

 

Rapid market advancement in multi-color flow cytometry, which has a wide range of applications in novel drug formulations, have made it possible to perform a cell analysis by evaluating several parameters at the same time. Many contract research companies use these instruments extensively.

 

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Market participants such as Danaher Corporation, Sysmex Corporation, Luminex Corporation, Bio-Rad Laboratories, Inc., EMD Millipore, Miltenyi Biotec, Inc. Becton, Dickinson and Company, Affymetix Inc., Thermo Fischer Scientific, and Agilent Technologies, Inc. are some of the leading players operating in the market for flow cytometry.

 

Polaris Market Research has segmented the flow cytometry market report based on product, technology, application, end-use, and region:

Flow Cytometry, Product Outlook (Revenue – USD Billion, 2016 – 2028)

• Instruments
• Reagents & Consumables
• Software
• Accessories
• Services

Flow Cytometry, Technology Outlook (Revenue – USD Billion, 2016 – 2028)

• Cell-based
• Bead-based

Flow Cytometry, Application Outlook (Revenue – USD Billion, 2016 – 2028)

• Research
• Industrial
• Clinical

Flow Cytometry, End-Use Outlook (Revenue – USD Billion, 2016 – 2028)

• Commercial Organizations
• Hospitals
• Academic Institutes
• Clinical Testing Labs

Flow Cytometry, Regional Outlook (Revenue – USD Billion, 2016 – 2028)

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

 

Brachytherapy Market Size, Strategies, Competitive & Factor Analysis 2028

 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.

 

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.

 

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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

 Brachytherapy, 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
• Latin America
• Mexico
• Brazil
• Argentina
• Middle East & Africa
• UAE
• Saudi Arabia
• Israel
• South Africa

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Kidney Function Tests Market 2021 Major Eminent Key Players Growing With Tremendous Speed Touching New Industry Heights, Forecast By 2028

 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.

 

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.

 

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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

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

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

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Neurovascular Intervention Devices Market Analysis Global Size, Share, Growth, Industry Demand And Forecast To 2028

 Global Neurovascular Intervention Devices Market Size | Industry Report, 2028

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 research study covers comprehensive information about market share, applications, demand and supply ratios, import/export, and supply chain analysis for both the global and regional markets. In addition, the research contains an in-depth analysis of the global Neurovascular Intervention Devices market, which includes a statistical depiction of market share as well as forecasts for the future. The study sheds light on the major elements driving the global market's expansion.

The market research analyses how different factors influence market participants at the regional and worldwide levels. On the other side, the report identifies stumbling blocks to the worldwide Neurovascular Intervention Devices market's expansion. In addition, the research report also identifies crucial strategies that can assist organizations in surviving challenging times such as the COVID-19 pandemic while also helping to boost their overall revenue production.

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Market Segmentation

The research divides the global Neurovascular Intervention Devices market into type, application, end-use, and geographical segments to provide a vital viewpoint on the important trends observed in the market. The study provides a detailed analysis of each section, as well as sales forecasts. Businesses can use the report's value forecast to help them work on prospective segments. The study also divides the global market into distinct regions based on their geographical aspect, including North America, South America, Asia-Pacific, Europe, and the Middle East and Africa.

Competitive Landscape

The study also includes detailed insights about the top players in the global Neurovascular Intervention Devices industry. Furthermore, the study covers the major programs, initiatives, and strategic collaborations used by the leading market players to gain a competitive advantage over their competitors. In addition, the research contains vital information about major players, investors, and new market entrants.

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Furthermore, the study includes information on the most recent product introductions as well as the leading players' future plans. The research can assist new companies entering the market to analyse the successful strategies of established players and developing new plans to help them gain a stronger foothold in the industry. The prominent players present in the market are: Medtronic Plc, Terumo Corporation (MicroVention, Inc.), Balt Extrusion, Penumbra, Inc., Boston Scientific Corporation, Johnson & Johnson, Stryker Corporation, Silk Road Medical Inc., Abbott Laboratories, Acandis GmbH, and Microport Scientific Corporation.

Key Highlights of Neurovascular Intervention Devices Market Report

• To examine the key drivers, restraints, risks, challenges, and opportunities in the global Neurovascular Intervention Devices

 

• Conduct a strategic analysis of each market segment's contribution to the market and growth trends.

 

• To discuss leading market participants' successful methods and strategies that aid in making sound business decisions.

 

• Research the current state and future prospects of the global Neurovascular Intervention Devices market, including historical data, production, consumption, and revenue.

 

• To track competitive developments in the market, such as acquisitions, agreements, partnerships, expansions, and new product launches.

 

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Automotive Finance Market To Witness Increase In Revenues By 2028

 The global automotive finance market size is expected to reach USD 392.78 billion by 2028 according to a new study by Polaris Market Research. The report “Automotive Finance Market Share, Size, Trends, Industry Analysis Report, By Type (Indirect, Direct); By Service Type (New Vehicles, Used Vehicles, Others); By Vehicle Type (Passenger Vehicles, Commercial Vehicles); By Purpose (Leasing, Loan, Others); By Provider; By Regions; Segment Forecast, 2021 – 2028” gives a detailed insight into current market dynamics and provides analysis on future market growth.

 

The increasing penetration of passenger vehicles, rising modernization of vehicles, and development of autonomous vehicles are some factors expected to drive the market growth during the forecast period. Governments across the world are collaborating with automotive lenders to promote the adoption of electric vehicles.

 

The lenders are adopting technologies such as data analytics, cloud computing, artificial intelligence, and machine learning to offer timely services to customers and improve the overall experience. Integration of these technologies enables lenders to expand business operations and offer personalized offers by analyzing external databases, internal data, credit bureaus, social media, and online searches.

 

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The different types of automotive finance include indirect finance and direct finance. In 2019, the direct automotive finance segment accounted for the highest market share. However, the demand for indirect automotive finance is expected to increase during the forecast period. Indirect automotive finance is offered by the vehicle dealer through auto finance companies, local banks, and the auto manufacturer’s captive car fund company. Indirect automotive finance provides access to a wide network of lenders for consumers in varied credit situations.

 

On the basis of service type, the market is segmented into new vehicles and used vehicles. Automotive loan for new vehicles includes longer tenure owing to lower risks and manufacturer guarantee. The higher price of new vehicles and reduced risk of new vehicles result in disbursal of the higher loan amount at a lower interest rate. The down payment and EMI payments for new vehicles are lower as compared to used vehicles.

 

On the basis of vehicle type, the market is segmented into passenger vehicles, commercial vehicles, and others. There has been significant demand for automotive finance from the commercial vehicles segment owing to the high cost associated with them. The rising need to increase efficiency and reduce maintenance costs of transportation of commercial goods has significantly increased the demand for commercial vehicles, supporting the growth of this segment. Special initiatives are taken by governments in the form of subsidies, and special schemes for users of commercial electric vehicles also supplement the growth of this segment.

 

The market is segmented into banks, OEMs, financial institutions, credit unions, and others based on providers. In 2019, the banks segment accounted for the highest market share owing to benefits such as long repayment tenure, low-interest rate, and quick disbursement. Banks across the works are collaborating with Governments to promote the adoption of electric vehicles.

 

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Countries such as China, India, France, and the U.S. have introduced several incentives and subsidies to encourage the use of electric vehicles. Several banks such as Bank of America have demonstrated their support to acceptance of alternative fuel vehicles by joining the US Department of Energy’s Workplace Charging program.

 

On the basis of purpose, the market is segmented into leasing, loan, and others. In 2020, the loan segment dominated the global market. However, the demand for leasing is expected to increase during the forecast period. Automotive loan assists consumers in the purchase of a vehicle, while leasing involves payments allowing car possession for a pre-determined amount of time. Some benefits offered by leasing include lower monthly payments, reduced repair expenses, no loan approval, and easy return after the expiry of the lease term.

 

The demand from Asia Pacific is high owing to increase demand for passenger vehicles, rising disposable income, and modernization of vehicles. Growing concerns regarding air pollution and the increasing need for fuel-efficient vehicles have increased the number of electric cars in countries such as China, the U.S., India, and Japan, driving the growth of the market. The governments in the region have taken various initiatives in the form of subsidies and incentives to increase the acceptance of electric vehicles, thereby increasing the need for automotive finance.

 

Vendors in the global market are expanding their geographical presence and product portfolios to strengthen their presence. The developing nations of Asia Pacific would provide significant growth opportunities during the forecast period. Some of the major market participants in the global market include GM Financial Inc., Toyota Financial Services, Daimler Financial Services, Ford Motor, and Standard Bank Group Ltd.

 

Polaris Market research has segmented the automotive finance market report on the basis of type, service type, vehicle type, provider, purpose, and region:

 

Automotive Finance, Type Outlook (Revenue, USD Million, 2016 – 2028)

• Indirect
• Direct

Automotive Finance, Service Type Outlook (Revenue, USD Million, 2016 – 2028)

• New Vehicles
• Used Vehicles

Automotive Finance, Vehicle Type Outlook (Revenue, USD Million, 2016 – 2028)

• Passenger Vehicles
• Commercial Vehicles
• Others

Automotive Finance, Provider Outlook (Revenue, USD Million, 2016 – 2028)

• Banks
• OEMs
• Financial Institutions
• Credit Unions
• Others

Automotive Finance, Purpose Outlook (Revenue, USD Million, 2016 – 2028)

• Leasing
• Loan
• Others

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Air Cushion Packaging Market Size, Growth And Key Companies

 The global air cushion packaging market size is expected to reach USD 5.95 billion by 2028 according to a new study by Polaris Market Research. The report “Air Cushion Packaging Market Share, Size, Trends, Industry Analysis Report, By Application (Wrapping, Void Filling, Block & Bracing, Corner Protection); By End-Use (Food & Beverage, Consumer Electronics, Personal Care & Cosmetics, Healthcare & Pharmaceutical); By Regions; Segment Forecast, 2021 – 2028” gives a detailed insight into current market dynamics and provides analysis on future market growth.

 

The increasing disposable income of consumers coupled with rising demand for fast-moving consumer goods and electronic products would provide numerous growth opportunities for the cushion packaging market during the forecast period.

 

Air cushion packing is increasingly being used owing to its enhanced ability to withstand the stresses and strains during transit and storage. The significant growth in e-commerce and rising adoption of biodegradable packing solutions owing to increasing environmental concerns have resulted in the growth of the cushion packaging market.

 

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On the basis of application, the industry is segmented into wrapping, void filling, block & bracing, corner protection, and others. The void filling segment accounted for the highest share in 2019. Cushions are plastic sheets filled with air, which are used to provide padding to products within a packaging box.

 

Air cushion packing provides greater protection by filling the space between the product and the outer packaged box. The growing demand for lightweight, small, and convenient packing drives the growth of the concerned market. The rising demand for food products and consumer goods has increased the demand for cushion packing across the globe.

 

The industry is segmented into food & beverage, consumer electronics, personal care & cosmetics, home furnishing, healthcare & pharmaceutical, and others based on end-use. The consumer electronics segment accounted for a major share in the global cushion packing industry in 2020.

 

Air cushion packing is increasingly being used in the transportation of electronic components and consumer electronics owing to product fragility and greater need for protection from breakage and deformation during transportation. Air cushion packing assists in the loss prevention of electronic goods during storage and transportation, while also offering protection against the impact of various external conditions.

 

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The increasing trend of e-commerce has also accelerated the adoption of air packaging in this segment. E-commerce delivery makes use of specialized packing solutions across numerous applications. Brands in the market are focusing on air packaging solutions for competitive and convenient transportation for larger production volumes.

 

Asia Pacific emerged as the largest market in 2019 and is expected to maintain its dominance over the forecast period. There has been an increasing demand for air cushion packaging from consumer goods, cosmetics, and electronics sectors in the region. The increasing population, growing inclination of consumers towards beauty trends and health concerns, rising environmental concerns, and stringent regulations aimed at reducing waste further augment market growth.

 

Increasing demand for sustainable solutions and growing adoption of biodegradable air cushions is driving the market growth of the packaging market. The growing retail industry, modern retail practices, growing initiatives are taken by retailers to improve logistics and distribution efficiency would increase the trend of air cushion packaging in Asia-Pacific during the forecast period.

Vendors in the global market are expanding their geographical presence and enhancing product portfolios to strengthen their market placement. The developing nations of Asia Pacific would provide significant growth opportunities in the market.

 

Some of the major market participants include Atlantic Packaging, Shandong Xinniu Packing Co. Ltd., Airfil Protective Packaging, Abriso NV, Aiirpack, Automated Packaging Systems, Inc., Sealed Air Corp, FP International, Storopack Hans Reichenecker GmbH, Pregis LLC, Smurfit Kappa Group, Guangzhou PackBest Air Packaging Co. Ltd., and 3G Packaging Corp.

 

Polaris Market research has segmented the Air Cushion Packaging market report on the basis of application, end-use, and region:

 

Air Cushion Packaging, Application Outlook (Revenue, USD Million, 2016 – 2028)

• Wrapping
• Void Filling
• Block & Bracing
• Corner Protection
• Others

Air Cushion Packaging, End-Use Outlook (Revenue, USD Million, 2016 – 2028)

• Food & Beverage
• Consumer Electronics
• Personal Care & Cosmetics
• Home Furnishing
• Healthcare & Pharmaceutical
• Others

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Adiponitrile Market Detailed Analytical Overview By 2028

 The global adiponitrile market size is expected to reach USD 13.94 billion by 2028 according to a new study by Polaris Market Research. The report Adiponitrile Market Share, Size, Trends, Industry Analysis Report, By Application (Electrolyte Solution, Nylon Synthesis, Hexamethylene Diisocyanate); By Production Method (Electrochemical Hydrodimerization of Acrylonitrile, Hydrocyanation of Butadiene); By End-Use; By Regions; Segment Forecast, 2021 – 2028” gives a detailed insight into current market dynamics and provides analysis on future market growth.

 

The demand for adiponitrile is expected to increase during the forecast period from the automotive and textile industries. Rising use in the development of personal care products and increasing use in the production of nylon 66 is boosting the market growth. Rising industrialization, growing urbanization, and increasing environmental concerns further drive the growth of the market of adiponitrile.

 

The wide use of nylon 66 in applications such as electronics, automotive, packaging, construction, and consumer goods owing to properties such as high strength, greater abrasion and wear resistance, fuel and oil resistance, electrical insulating properties, and fatigue resistance has significantly increased the demand for adiponitrile across the globe.

 

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The demand for the production of adiponitrile through hydrocyanation of butadiene is high. This method is increasingly being adopted by market players owing to its affordable price, mass production, and high efficiency. The nylon synthesis segment dominated the global market for adiponitrile in 2020. Nylon is used in the automotive sector for the manufacturing of bearings, slides, door handles, door & window stops among others. Other applications of nylon include tires and conveyor belts, coated fabrics, furnishings, floor coverings, and weaving among others.

 

Adiponitrile is used in diverse industries such as automotive, chemical, textile, healthcare, electronics, personal care, and others. The automotive segment accounted for the highest share in 2020. The increasing application of nylon 66 for the manufacturing of bearings, gears, bushes, and coatings owing to its high mechanical strength, low cost, wear resistance, and stability has increased the demand for adiponitrile.

 

Factors such as the growing automotive industry, increasing adoption of electric vehicles, and rising need for modernization of vehicles boost the growth of the adiponitrile in the automotive industry. Rising urbanization, technological advancements, and an increase in the sale of passenger vehicles have resulted in increased applications of adiponitrile.

 

Asia Pacific is expected to grow at a significant rate during the forecast period. Rising industrial growth, urbanization, and growth in the automotive sector support market growth in this region. Leading global players are expanding their presence in developing nations of China, Japan, India, and South Korea to tap the growth opportunities offered by these countries.

 

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There has been increasing demand for adiponitrile from industries such as construction, chemical, and healthcare, thereby driving the growth of the market for adiponitrile in Asia Pacific. Increasing penetration of passenger vehicles coupled with rising awareness regarding the adoption of electric vehicles fuels the market growth in this region.

 

Some of the major market participants include Asahi Kasei Corp, Thermo Fisher Scientific, Butachimie, Acros Organics B.V.B.A., Tokyo Chemical Industry, Merck & Co., Inc., BASF, Ascend Performance Materials, The Dow Chemical Company, LyondellBasell Industries N.V., Kishida Chemical Co., Ltd, Spectrum Chemical Mfg. Corp, DuPont, Invista, and Shandong Runxing Chemical Technology Co. Ltd.