Tuesday, 30 November 2021

Varicose Vein Treatment Market Status, Growth Opportunities, Industry Survey And Competitive Landscape till 2024

1st December 2021 – Global Varicose Vein Treatment Market is anticipated to reach USD 475 million by 2024. Varicose veins literally known as “Veins on the leg”. They fall in the category of “varicose veins” if they get twisted. The factors that propel the growth of the Varicose Vein Treatment industry include reduced risk of collateral damage to adjacent tissues, painless technique, improved saturation, fewer post-operative complications, no requirement of anesthesia, less scarring, and minimal need for incisions during the procedure. On the other hand, there are factors that may hamper the growth of the market including shortage of trained vascular physicians and high price of varicose vein treatment methods.

Varicose Vein Treatment industry is anticipated to grow at a significant CAGR in the upcoming period as the scope, product types, and its applications are increasing across the globe. The market may be explored by treatment mode, product type, and geography. The industry may be explored by treatment mode as Surgical Ligation/Stripping, Endovenous Ablation, and Injection Sclerotherapy. The “Endovenous Ablation” sector led the Varicose Vein Treatment Market in 2016 and is anticipated to maintain its dominance by 2024. The Varicose Vein Treatment industry could be explored based on product type as Venous Closure Products, Ablation Devices, Laser Ablation Devices, and Radiofrequency Ablation Devices. The “Radiofrequency Ablation Devices” sector led the Varicose Vein Treatment Market in 2016 and is anticipated to maintain its dominance by 2024.

North America accounted for the major share of the Varicose Vein Treatment Market Size in 2015 and will continue to lead in the forthcoming period. The factors that could be attributed to the growth include fast development in this market; which could be attributed to a number of aspects counting progressive health care infrastructure, high disposable income, increasing administration expenditure, continuous lifestyle-associated changes, rising health care consciousness, increasing occurrence of varicose veins, and rising consequence of esthetics.

Some of the key players that fuel the development of the Varicose Vein Treatment industry comprise AngioDynamics, Inc., Medtronic plc, Biolitec AG, Lumenis Ltd., Syneron Medical Ltd., Dornier MedTech GmbH, Energist Group, Quanta Systems S.p.A., Vascular Solutions, Inc., and Eufoton S.R.L. The leading companies are taking up partnerships, mergers and acquisitions, and joint ventures in order to boost the inorganic growth of the industry.

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Synthetic Lubricants Market Size, Growth Prospect, Distributor Analysis And Applications Insights till 2024

1st December 2021 – Global Synthetic Lubricants Market is expected to reach USD 23.45 billion by 2024. Synthetic lubricants are termed as a lubricant formed by chemical synthesis relatively by refinement or extraction of petroleum to form a compound with predictable properties. It is superior to conventional mineral oil-based lubricants. The Synthetic Lubricants Market is estimated to grow at a significant CAGR of 2.8% over the forecast period as the scope and its applications are rising enormously across the globe.

Growing awareness regarding advantages of products, high demands from automotive industries and rising R&D investment by industries for the development of enhanced grades are documented as major factors of synthetic lubricants market that are estimated to enhance the growth in the years to come. However, low cost of mineral oil may affect synthetic oil demand is a factor that may restrain overall market growth in the coming years. Synthetic lubricant market is segmented based on product type, application, and region.

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Group V and group IV are the product types that could be explored in Synthetic Lubricants in the forecast period. Group IV comprises Polyalphaolefin (PAO). On the other hand, group V comprises polyalkylene glycol (PAG), esters, silicone, biolubes, polyolester, and others. PAO sector accounted for the substantial market share of Synthetic Lubricants and is estimated to continue its dominance on the coming years. In addition, in terms of volume ester-based products sector is estimated to grow at fastest pace in the coming years.

The market may be categorized based on applications like Metalworking Fluids, Engine Oil, Transmission Fluids, Heat Transfer Fluids (HTF), and others could be explored in the forecast period. Engine oil sector accounted for the substantial market share of Synthetic Lubricants and is estimated to lead the overall market in the coming years. This may be because of growth in automobile sales mainly in developing countries. Also, heat transfer fluids (HTF) sector is estimated to grow at fastest pace with highest CAGR in the coming years.

Globally, North America accounted for the substantial market share of Synthetic Lubricants and is estimated to lead the overall market in the coming years. The reason behind the overall market growth could be presence of key manufacturers in the region like automotive and aerospace industries and rising importance of lubrication cost. The United States is a major consumer of Synthetic Lubricants in this region. Instead, Europe and the Asia Pacific are also estimated to have a positive influence on the future growth. Europe is the second largest region with significant market share. However, Asia Pacific is estimated to grow at fastest pace with the highest CAGR in the foremost period. The aspects that may be ascribed to the growth comprise increasing automobile sectors in developing countries like Malaysia, China, Indonesia, and India, presence of oil industries, and widespread distribution networks.

The key players of Synthetic Lubricants industry are Total, British Petroleum, Exxon Mobil, Valvoline, Shell, The Dow Chemical Company, and Chevron. These players are concentrating on inorganic growth to sustain themselves amongst fierce competition. As companies all over the world have to believe that alliance with a market would permit them proportional market existence and authority to declare the leadership position.

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Endpoint Security Market Size, Sales, Demand, Regional Outlook And Supply Chain Analysis till 2024

30th November 2021 – Global Endpoint Security Market is estimated to reach USD 27.05 billion by 2024 owing to increasing deployment of security solutions with growing security risks in different industry applications. Endpoint security or endpoint protection is a centralized approach to protect all the endpoint devices such as laptops, desktops, smartphones, servers and other devices connected to the corporate IT network, from the cyber threats. Endpoint security enables effective, efficient and easier security management. Most players in endpoint security industry offer endpoint security systems that include firewall, antivirus and high-defined security software. This type of security offers effective security to the endpoints, thereby securing the network by blocking risky activities and access attempts at endpoints.

Endpoint security systems can be broadly categorized into two types. One for the enterprises and another for consumers. The key difference between the two is that there is no centralized administration and management for consumers whereas the centralized management mandate necessary for the enterprises. The centralized administration and management simplifies the installation or configuration of endpoint security software on individual endpoint devices, performance logs and other alerts are directly sent to the central administration server for analysis and evaluation.

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One of the major driving factors for the growth of endpoint security market is the rise in number of portable smartphones and other devices that has increased the number of endpoints, which has ultimately augmented the number of security breach. Another driving force for the growth of the market is the need for compliance within government financial organizations, which will ultimately prompt users to adopt endpoint security solutions.

The trend witnessed within the global endpoint security industry is the surging demand for software-as-a-service (SaaS) based security solution since they are easy to install, and upgrade and are affordable. Device control is one of the growing concerns in organizations as proper device control is essential to protect the confidential information since there are several mediums through which confidential data can be released thus leaving susceptibility in the network. The need for embedded security is increasing since mobile endpoints store huge amount of application and critical data. Hence, at present, cyber criminals are targeting the mobile endpoints.

Innovation in mobile technology is forcing mobile endpoint security solutions to manage current mobility environment with the combination of operating systems, mobile endpoints and other personal data without compromising the user experience, data and privacy. To take full advantage of the workforce mobilization, enterprises are required to introduce more proficient and comprehensive enterprise mobility solutions instead of depending on short-term management solutions.

The growing incidents of cyber-attacks on private and government networks across world have resulted in the increased awareness and adoption of endpoint security solutions. Data breaches and ransomware are the major critical challenges for any business. Hence, protecting the critical data related to customers along with enterprises has become a priority especially for companies who rely on IT infrastructure for confidential business processes. Moreover, steady growth of mobility trend in endpoint security market will also contribute to the favorable adoption of security solutions, thereby affecting the market in the years to come.

Endpoint security industry is categorized based on solution, deployment, organization, application and geography. On the basis solution, the market is divided into firewall, antivirus, application control, ID/IP, MDS, encryption technologies and others. Based on deployment, the market is divided into cloud and on-premise. In terms of organization, the industry is split into SMBs and enterprise. On the basis of application, the market is divided into IT & telecom, BFSI, industrial, education, retail, medical, and others.

Geographically, endpoint security market is segmented as North America, Latin America, Europe, Asia Pacific, and Middle East & Africa. North America followed by Asia Pacific are predicted to dominate the market in the coming years owing to the growing demand for endpoint security solutions in these regions.

The prominent players in endpoint security industry comprise Cardon Black Technology Inc., Cisco Systems, Cylance Inc., McAfee Inc., CrowdStrike Inc., Avast Software Inc., Trend Micro Inc., RSA Security LLC, FireEye Inc., SentinelOne Inc., Microsoft Corporation, Symantec Corporation, Palo Alto Networks Inc., Panda Security SL, Sophos Group PLC, Eset LLC, Fortinet Inc., AVG Technologies, Trend Micro Inc., Bitdefender LLC, and Kaspersky Lab Inc.

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Chlorine Market Product Overview, Research, Share by Types and Region till 2024

30th November 2021 – The global chlorine market is anticipated to grow at a staggering CAGR in the forecast period. Chlorine is used commercially in production of organic and inorganic chemicals and water treatment processes. It enables the producers to select from several processes for manufacture of chlorine.

The chlorine market is driven significantly by rise in demand from chemical industry, medical domain. Increase in demand from the construction industry is expected to stimulate the market during the forecast period. Apart, chlorine is mainly used for water filtration and treatment process. It is widely used as a raw material to manufacture a range of chemicals, which, in turn, exhibits its versatility and form. It is used in PVC for composite manufacturing and automotive applications.

End-user segmentation for chlorine market comprises pharmaceutical industry, chemical industry, water treatment industry, paper and pulp industry, pesticides industry, and plastic industry. By application, the chlorine industry is highly segmented as isocyanates, propylene oxide, chlorinated intermediaries, organic chemicals, inorganic chemicals, and ethylene dichloride and polyvinyl chloride.

Asia-Pacific dominates the chlorine market in terms of market demand and consumption from medical sector. Manufacturing sector being at prime holds a significant market position in the APAC sector; thanks to increase in demand for chlorine derivatives from end-use industries such as cosmetic, pharmaceutical, food processing, paints, coatings, and adhesives. North American and European markets are likely to gain a dominant position due to rise in demand by chemical industries. Untapped potential opportunities in the water treatment and plastic industries in the North America are anticipated to grow at a higher CAGR in the forecast period.

The prominent players in the chlorine industry include Hanhwa Corporation, Ineos Group Ltd, The DOW chemical Company, PPG Industries, Tosoh Corporation, BASF SE, Tata Chemicals Ltd, FMC Corporation, Formosa Plastics Corporation, Xinjiang Zhongtai Chemicals Co Ltd, Occidental Petroleum Corporation, and Nirma Ltd.

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Monday, 29 November 2021

Managed Security Services Market – Industry Insights, Trends and Growth Opportunity Analysis to 2024

29th November 2021 – Global Managed Security Services Market is expected to reach USD 60.94 billion by 2024. Managed Security Services (MSS) is termed as a systematic method to manage an administrations security needs. The services may be held outsourced or in house to a service provider that supervises other companies' information and network system security. Its functions comprise of responding to emergencies, round-the-clock monitoring and management of intrusion detection systems and firewalls, performing security assessments and security audits, and overseeing patch management and upgrades. The managed security services market is estimated to grow at a significant CAGR over the forecast period as the scope and its applications are rising enormously across the globe.

Growing occurrence of cyber-attacks on IT infrastructure, strict government policy, and rising BYOD trends among organizations are documented as major factors of Managed Security Services Market that are estimated to enhance the growth in the years to come. However, growth in several strict information security regulations by government may restrain overall market in the coming years. Managed Security Services industry is segmented based on type, size, mode, vertical, and region.

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Managed Cloud Security, Managed Network Security, Managed Application Security, Managed Application Security, and other types could be explored in Managed Security Services in the forecast period. Others sector includes managed web security and managed database security. Managed network security sector accounted for the significant market share of Managed Security Services and is estimated to lead the overall market in the coming years. Large enterprises and SMEs are the organization sizes that could be explored in Managed Security Services in the forecast period. Cloud and on-premises are the deployment mode that could be explored in Managed Security Services in the forecast period.

The market may be categorized based on verticals like retail, banking, financial services, and Insurance (BFSI), manufacturing, telecom and IT, energy and utilities, healthcare, and others that could be explored in the forecast period. Others sector comprises automotive, education, and media & entertainment. The BFSI sector accounted for the significant market share of Managed Security Services and is estimated to continue its dominance in the coming years. This may be because of rising use of mobile and web applications for banking payments and transactions. In addition, healthcare sector is estimated to grow at significant CAGR in the coming years.

Globally, North America accounted for the substantial market share of Managed Security Services in terms of revenue and is estimated to lead the overall market in the coming years. The reason behind the overall market growth could be presence of key manufacturers offering MSS in this region. Canada and the United States is a major consumer of Managed Security Services in this region. This may be because of enhanced R&D of security solutions and technologies.

Instead, Europe and the Asia Pacific are also estimated to have a positive influence on the future growth. Europe is the second largest region with significant market share. However, Asia Pacific is estimated to grow at fastest pace with the highest CAGR in the foremost period. The aspects that may be ascribed to the growth comprise acceptance of advanced for growing cases of cyber-attacks on enterprises. The developing countries like India and China are the major consumers of Managed Security Services in the region.

The key players of Managed Security Services market are Wipro, IBM, NTT Security, SecureWorks, Fujitsu, Symantec, Fortinet, Trustwave, DXC, Verizon, CIPHER, AT&T, CenturyLink, Atos, BT, and BAE Systems. These players are concentrating on inorganic growth to sustain themselves amongst fierce competition. As companies all over the world have to believe that alliance with a market would permit them proportional market existence and authority to declare the leadership position.

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Long Term Care Market Analysis Report - Industry Trends, Growth and Segmentation 2024

29th November 2021 – Global Long Term Care Market is projected to witness an upward trend during the forecast period. Long term care facilities are an inseparable part of healthcare system in developed and developing countries. Under developed regions, those suffering from chronic illness and aging, normally demand long term care facilities. Services such as sanitation, medical care, and nutrition are on the rise in developing countries.

Long term care market is driven by factors such as increase in geriatric population, prevalence of chronic diseases, and rise in importance of long term care services. In addition, extensive government support in developed countries and various programmes conducted by NGO’s are likely to stimulate the market growth in the forecast period. Change in lifestyle and increase in population are expected to stimulate the market in the forecast period. However, functional issues and service limitations are some factors that may hinder the market growth during the forecast period.

By service type, the long term care industry segmentation includes social work services, therapeutic services, skilled nursing or nursing services, hospice services, pharmacy or pharmacist services, and mental health or counseling services. Skilled nursing or nursing services and pharmacy has gained a lot of traction due to emergence of e-commerce platforms and technology enabled product delivery.

Geographical segmentation for long term care market includes North America, South America, Europe, Asia-Pacific, Middle East, and Africa. North America is expected to dominate the long term care industry in the forecast period due to rise in government support and special attention toward medical needs of geriatric population. Subsequently, mergers and acquisitions, partnerships and collaborations are the major strategies adopted by key players in this region.

Asia-Pacific regions are likely to gain a substantial market share in the forecast period due to rise in medical importance and growth in home care services. Universities have now made it easy for students to pursue education in social science and nursing. Middle Eastern and African regions are likely to grow at a significant rate due to alarming rate of chronic diseases with unmet medical needs. The key players in the long term care market include American General Life (AIG), New York Life Insurance Company, State Farm Insurance, Thrivent and AARP Long Term Care.

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Friday, 26 November 2021

Cresol Market Analysis, Growth Forecast by Manufacturers, Regions, Type and Application to 2024

26th November 2021 – The global Cresol Market size is expected to value at USD 795.7 million by 2024. The market is subject to witness a substantial growth due to increase in demand for vitamin E to produce food & dietary supplements and growing health consciousness among general population. Shift in trend towards healthy diet intake by young population and robust growth in the food & dietary supplements industry are expected to boost the market growth of cresol in the upcoming years. Globally, the cresol industry is predicted to grow at higher CAGR over the forecast period, providing numerous opportunities for market players to invest in research and development of the market.

Increasing demand for cresol derivatives for the production of vitamin E and electronic encapsulation products are expected to positively influence the growth of cresol market over the forecast period. Soaring demand for computers, display devices and handheld devices such as smartphones and tablets are anticipated to stimulate market demand for electronic encapsulation products involving cresol derivatives. The recent technological advancements in the cresol industry coupled with development of novel products are projected to drive the market growth in upcoming years. Rapid growth in food processing and electronic industry, particularly in the Asia Pacific region is expected to foster market growth as well.

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Easy availability of the raw materials such as coal, tar and petroleum or toluene, which are essential for the manufacturing of Meta, para and ortho isomers are boosting overall market performance, in the recent years. Selection of the raw material is purely based on the overall manufacturing efficiency and waste management costs in regards to the manufacturing process. Toluene is considered as vital element in product manufacturing. Thus, variation in the cost of the raw material involving toluene directly affects price associated with final product. Additionally, production of isomers such as para and ortho, are dependent on the supply of the toluene. Increasing demand of toluene for manufacturing of xylene and toluene diisocyanates (TDI) has led to establishment of long-term contracts by key industry players with suppliers. These factors are expected to fuel market growth over the forecast period.

However, stringent laws and regulation by regional governments associated with adverse effects on atmosphere due to manufacturing waste is considered as major challenge for sustained market growth. The manufacturing waste contains harmful elements, especially for the aquatic environment. Substantial need for efficient waste management system for manufacturing plant is expected to increase overall production cost, thus limiting market growth to a certain extent. Yet, recent technological advancement are expected to minimize waste disposal cost and enhance the waste recovery efficiency, thus driving market growth further.

The cresol market is broadly categorized into two major types based on the product type such as p-Cresol and m-Cresol. p-Cresol is considered as one of the fastest growing segment in the m-cresol market with substantial revenue generation in the last couple of years. Growing popularity of the p-Cresol market segment is attributed to increasing consummation for production of butylated hydroxytoluene (BHT), which is an antioxidant, largely utilized in the food, cosmetics, and pharmaceuticals sector. m-Cresol has also witnessed massive growth, in the recent years owing to the rising adoption of m-Cresol as a chemical intermediate for producing resoles.

The cresol industry is divided by region as North America, Europe, Asia-Pacific, Latin America and Africa. European region has shown major growth in recent years owing to the rise in the implementation of latest technologies, constant demand for aroma chemicals and pharmaceuticals, and existence of well-established industrial infrastructure. Asia-Pacific region is predicted to hold major market share in the cresol market with massive growth in forecast period.

Countries such as India and China are leading the Asia-Pacific’s market with increasing demand for cresol in the agrochemicals products, rising vitamin E demand for production of food & dietary supplements, and robust growth of electronics sector, and significant investment by leading industry players considering potential growth opportunities in the region. The key players in the cresol industry are Lanxess GmbH, Sasol Ltd., Atul Ltd., Anhui Haihua Chemical Technology Co., Ltd., Dakota Gasification Company, Konan Chemical Manufacturing Co., Ltd., Mitsui Chemicals, Inc., Rutgers Infratec GmbH, and Saudi Basic Industries Corporation (SABIC).

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Caustic Soda Market - Industry Size, Growth, Applications, Opportunities and Forecasts to 2024

26th November 2021 – Global Caustic Soda Market is anticipated to reach USD 46.31 billion by 2024. Caustic soda is used in bleaching pulp and in verticals such as inorganic, organic, dyes, and textile. The factors that propel the growth of the caustic soda industry include growing demand from the chemicals manufacturing, the increasing demand for alumina in the automotive industry, and the growing demand with respect to paperboards and paper. On the other hand, there are factors that may hamper the growth of the market including energy-intensive procedure of the production of caustic soda.

Caustic Soda Market is anticipated to grow at a significant CAGR of 3.2% in the upcoming period as the scope, product types, and its applications are increasing across the globe. Caustic Soda industry may be explored by type, application, and geography. The market may be explored by type as Flake, Lye. Others may include prill, microprill, and pellet.

The key applications that could be explored in the Caustic Soda industry include Inorganic chemicals, Alumina, Steel/Metallurgy – Sintering, Organic chemicals, Food and Pulp & Paper, Textiles, Soaps & Detergents, Water Treatment, and Others. The “Organic Chemicals” segment led the Caustic Soda Market in 2015 and is anticipated to maintain its dominance by 2024. Organic chemicals segment is followed by “Textiles” sector and anticipated to grow at USD 8 billion by 2024.

Asia-Pacific accounted for the major share of the Caustic Soda Market Size in 2015 and will continue to lead in the forecast period. The factors that could be attributed to the growth include high product demand; which could primarily be attributed to the textile industry development in the developing countries such as India, China, Taiwan, Vietnam, etc. The demand in this region is estimated to escalate further due to increasing consumption in organic chemicals, soaps & detergents, aluminum, etc. followed by North America region.

Some of the key players that fuel the growth of the Caustic Soda industry comprise Formosa Plastics Corporation, Dow Chemical Company, PPG Industries, Tosoh Corporation, Ineo’s Group Limited, Hanwha Chemical Corporation, Occidental Petroleum Corporation, FMC Corporation, and Solvay SA. The leading companies are taking up partnerships, mergers and acquisitions, and joint ventures in order to boost the inorganic growth of the industry.

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Thursday, 25 November 2021

U.S. Terrazzo Market Outlook to 2024: Top Manufacturer Analysis, Industry Overview and Forecast Report

25th November 2021 – U.S. Terrazzo Market is predicted to reach USD 1.47 billion by 2024 owing to the rise in infrastructure that uses the new generation flooring system. Terrazzo flooring is the most versatile tiling options available in the market. It is prepared by combining marble, quartz, granite, or glass chips into a cement binder, terrazzo is cost-efficient, eye-catching and one of the strongest tiling products in the industry. The durable tiling material also has features like water-resistant, damage resistant, chip-free that can be re-finished and polished to a new look anytime.

Few driving factors of U.S. terrazzo industry include the development of new generation flooring systems, completely automatic concrete tile making, technological developments to design sustainable & customer centric designs and monitoring systems to improve distribution & contracting services. In addition, inclination towards customized flooring system designs and technology that plays an important role across the value chain boosts the U.S. terrazzo market in the coming years. From the raw material to end users, technological modernizations are supporting the upgraded services that helps in enabling an efficient customer service.

Among the different types, epoxy is the most widely used segment. The product is limited to indoor application due to UV exposure. On the other hand, rustic and polyacrylateare used for outdoor areas since they can sustain adverse environmental conditions. These factors are expected to balance the demand for terrazzo in future, affecting U.S. terrazzo industry positively.

The educational sector dominates the application segment in near future. The rising number of universities, educational institutes, schools and auditorium in the United States is anticipated to remain a major factor for the growing penetration of U.S. terrazzo market. The market is categorized on the basis of product, end users, and geography. On the basis of product, U.S. terrazzo industry is divided into inorganic, epoxy, rustic, sand cushion, bonded, cement, monolithic and polyacrylate terrazzo. Based on end users, U.S. terrazzo market is classified into commercial, household, and government buildings. Geographically, the market is segmented as North America, Central America, and South America.

The prominent players in U.S. terrazzo industry comprise Doyle Dickerson Terrazzo, Inc., Klein & Company, Inc. Terrazzco, The Venice Art Terrazzo Co., Inc., EnviroGLAS Products, Inc., H.B. Fuller Construction Products, RBC Industries, Sherin Williams, David Allen Company, Key Resin Co. Terrazzo USA & Associates.

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Biomarkers Market Geographic Segmentation, Analysis by Types, Regions and Forecast to 2024

25th November 2021 – The global biomarkers market size is expected to value at USD 78.2 billion by 2024. The market is subject to witness a substantial growth due to the growing adoption of the biomarkers in the drug discovery and development along with growing R&D expenditure. Biomarkers are considered as quantifiable molecular alterations that are implemented for the development of highly precise and efficient therapeutic targets. Factors responsible for the robust market growth of biomarkers, in the recent years, include prevalence of oncology, neurology, and cardiology-related disorders across the globe. Globally, the biomarkers industry is predicted to grow at higher CAGR over the forecast period, providing numerous opportunities for market players to invest in research and development of the market.

The recent technological advancement coupled with the development of novel products and techniques such as biomarker based-diagnostics are expected to fuel the growth of biomarkers market over the forecast period. Additionally, introduction of advanced diagnostic methods along with higher precision and sensitivity are projected to drive market growth in the upcoming years. Growing implementation of number of safety biomarkers and increasing approval rate by local and international authorities are predicted to foster market growth in the near future. Development of innovative products such as alanine aminotransferase (ALT) and aspartate aminotransferase (AST), which are capable of detecting toxicity in the kidney and liver, is propelling market demand for biomarker, in the last few years.

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Substantial increase in occurrence of infectious diseases coupled with favorable government initiatives to promote early use of various diagnostic platforms in the developing and developed economies are estimated to positively influence market performance of biomarkers. Recent funding for research & development of the early and timely diagnosis of asymptomatic disorders like hemoglobinopathies are stimulating market expansion, in the recent years. For example, introduction of the Fetal Hemoglobin mAb test kit to identify HbF in infants born to sickle cell carrier parents are fostering market demand for biomarkers.

The biomarkers industry is broadly categorized into three major types based on the product type such as safety biomarkers, efficacy biomarkers, and validation biomarkers. The safety biomarkers is considered as one of the fastest growing segment in the market with substantial revenue generation in the last couple of years. Growing popularity of the safety biomarker market segment is attributed to the rising health consciousness among general population and growing number of routine healthcare checkups.

Other factors fostering market demand for safety biomarkers include growing base of the high-risk population for various diseases, the determination of patient subset specific to a certain molecular profile, and the associated targeted therapy. In addition, declining drug attrition rate regarding biomarker-based therapy is driving the market growth of safety biomarkers segment. The validation biomarkers have also witnessed massive growth, in the recent years owing to increasing deployment rate by pharmaceutical companies for the pharmacogenomics approach to identify therapeutic failure of the novel drugs. Increasing adoption of identification of the non-responder patient subsets consisting of distinct genetic profiles with low therapeutic response is stimulating market growth of validation segment.

The biomarkers industry is divided by region as North America, Europe, Asia-Pacific, Latin America and Africa. North America has shown major growth in recent years owing to the rise in the implementation of latest technologies in medicine & pharmaceutical sector, increase in the R&D funding for drug discovery and testing, the high patient awareness levels regarding the availability of enhanced diagnostics techniques, and existence of well-established healthcare infrastructure in the region. Asia-Pacific region is predicted to hold major market share in the biomarkers market with massive growth in forecast period. Countries such as India, China and Singapore are leading the Asia-Pacific market with increasing target population, strong economic growth, declining cost of clinical trials, rising healthcare infrastructure activities, and significant investment by leading industry players considering potential growth opportunities in the region.

The key players in the biomarker industry are Roche Diagnostics Limited, Abbott Laboratories Incorporations, Agilent Technologies Incorporations, Epigenomics Inc., GE Healthcare, Inc., Johnson & Johnson Co., Thermo Fisher Scientific Incorporations, Bio-Rad Laboratories Incorporations, Siemens Healthcare GmbH, Qiagen N.V., and Merck& Co., Inc.

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Wednesday, 24 November 2021

North America Polyurethane (PU) Market Overview, Challenges and Growth Opportunities Analysis till 2024

24th November 2021 – North America Polyurethane (PU) Market is expected to reach USD 19.18 billion by 2024. Polyurethane (PU) is a most adaptable plastic material formed by reacting a polyol with a polymeric isocyanate or di-isocyanate in presence of additives and catalyst. It is also termed as polycarbamates. They have high abrasion resistance, low in cost, good low temperature quality, and wide molecular structural variability. North America Polyurethane (PU) Market is estimated to grow at a significant CAGR of 4.2% over the forecast period as the scope and its applications are rising enormously across the globe.

Increasing anxiety regarding energy efficacy in the region, technological enhancement, growing customer awareness regarding thermal insulation, rising shift towards sustainable construction, and presence of major industries in the region are documented as major factors of North America Polyurethane (PU) Market that are estimated to enhance the growth in the years to come. However, poor thermal capability and weather ability and its flammable property may restrain overall market growth in the coming years. North America Polyurethane (PU) industry is segmented based on product type, end use, and region

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Polyurethane elastomers, rigid polyurethane foam, adhesives & sealants, flexible polyurethane foam, polyurethane coatings, and other product types could be explored in North America Polyurethane (PU) in the forecast period. Polyurethane elastomers sector comprises cast polyurethane elastomers, sprayed polyurethane elastomers, and others. Rigid polyurethane foam sector accounted for the substantial market share of North America Polyurethane (PU) and is estimated to continue its dominance in the coming years. However, flexible polyurethane board is estimated to have high demand from end users like transportation, packaging, furniture, bedding, textiles, and others as they have good handling strength, durability, energy absorption property, and resiliency.

The market may be categorized based on end users like packaging, furniture & bedding, footwear, construction, automotive, electronics & appliances, and others that could be explored in the forecast period. Construction sector accounted for the substantial market share of North America Polyurethane (PU) and is estimated to lead the overall market in the coming years. This may be because of high spending in the United States, to improve public infrastructure and existing road. Also, electronics & appliances id estimated to grow at fastest pace with significant CAGR in the coming years.

The United States accounted for the substantial market share of North America Polyurethane (PU) and is estimated to lead the overall market in the coming years. The reason behind the overall market could be high demand for PU products from several end users like automotive, furniture, packaging, and construction and high consumer disposable income. Mexico follow suit and is estimated to have a positive influence on the future growth. Also, it is estimated to grow at significant CAGR in the coming years. The aspects that may be ascribed to the growth comprise growing demand for lightweight and energy-efficient materials.

The key players of North America Polyurethane (PU) Market are Alchemie Ltd., BASF, Mitsui Chemicals America, Inc., The Dow Chemical Company, Tosoh America, Inc., Bayer Material Science, and Huntsman Corporation. These players are concentrating on inorganic growth to sustain themselves amongst fierce competition. As companies all over the world have to believe that alliance with a market would permit them proportional market existence and authority to declare the leadership position.

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Patient Portal Market Dynamics, Growth Prospect and Consumption Analysis till 2024

24th November 2021 – Global Patients Portal Market is anticipated to reach USD 5.2 billion by 2024. A patient portal implies an online website that helps in maintaining all data of patients. Medical practitioners, patients, and pharmacists have access to this portal at any place and time. The factors that propel the growth of the market include surge in demand owing to ease in usage, developments in technology; which benefits the key market players in advancement their offerings, positive government funding procedures, and increasing demand for electronic health record (EHR). On the other hand, there are factors that may hamper the growth of the market including Data security and privacy concerns and high cost of deployment and implementation. Patients Portal Market is anticipated to grow at a significant CAGR of 17.94% in the upcoming period as the scope, product types, and its applications are increasing across the globe.

Patients Portal industry may be explored by type, delivery mode, end users, and geography. The market may be explored by type as Integrated Patient Portals, and Standalone Patient Portals. The “Integrated Patient Portals” segment led the Patients Portal Market in 2015 and is anticipated to maintain its dominance by 2024 owing to they offer a one-stop solution, and favored, cheaper, and hence high in demand. The market may be analyzed by delivery mode as Cloud-Based Delivery, and Web-Based Delivery. The “Web-Based Delivery” segment led the Patients Portal industry in 2015 and is anticipated to maintain its dominance by 2024.

The market could be explored based on end users as Pharmacies, Providers, Payers and Others may include Government Bodies, and Employer Groups. The “Providers” segment led the Patients Portal industry in 2015 and is anticipated to maintain its dominance by 2024 owing to governments’ initiatives to upgrade the care delivered to patients and curtail the soaring cost of healthcare among providers, increasing mandates for motivation programs for providers, and the rising necessity to improve the accessibility and affordability of healthcare facilities.

North America accounted for the major share of the Patients Portal Market Size in 2016 and will continue to lead in the forecast period. The factors that could be attributed to the growth includes centralized orders in the U.S., increasing number of responsible care administrations in the U.S., increasing aged populace in the U.S., and digital health procedures in Canada. North America is followed by the Europe and Asia-Pacific region.

Some of the key players that fuel the growth of the Patients Portal industry comprise Cerner Corporation, Allscripts Healthcare Solutions, Epic System Corporation company, GE Healthcare, Med fusion, CureMD, and McKesson Corporation. The leading companies are taking up partnerships, mergers and acquisitions, and joint ventures in order to boost the inorganic growth of the industry.

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Monday, 22 November 2021

Erectile Dysfunction Drugs Market Growth Analysis, Trends Forecast by Regions and Types to 2022

23rd November 2021 – The global Erectile Dysfunction Drugs Market size is expected to value at USD 3.2 billion by 2022. The market is subject to witness a substantial growth due to the rising health awareness among general population and increase in initiatives undertaken by local governments and private bodies to promote use of erectile dysfunction drugs. Growing education levels about use of these products coupled with rising geriatric population base across the globe is predicted to drive the growth of erectile dysfunction drugs industry over the forecast period. Changing food habits and adoption of sedentary lifestyle has led to prevalence of lifestyle diseases, thus propelling the demand for erectile dysfunction drugs in the market.

Development of various molecule combinations and drug delivery techniques like creams and pellets to achieve higher efficacy and performance are predicted to fuel market demand for the erectile dysfunction drugs, in the upcoming period. Globally, the erectile dysfunction drug market is predicted to grow at a higher CAGR over the forecast period, providing numerous opportunities for market players to invest in research and development of the erectile dysfunction drugs industry. Additionally, the rise in number of the patents for key drug molecules and higher approval rate by regional & international authorities are expected to stimulate the market growth over the forecast period.

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However, the patent expiration of key drugs molecules and lack of awareness in the rural areas, particularly in the Asia Pacific region is expected to limit market growth to a certain extent. Furthermore, health hazards due to excessive use of the erectile dysfunction drugs are restraining overall market growth, in the recent years. Low cost counterfeit drugs and easy availability are leading to decline in the valuation of the branded erectile dysfunction drugs. Yet, growing research & development activities and various regional government reforms couple with public awareness initiatives in various parts of the globe are projected to foster market expansion in the upcoming period. In addition, rising healthcare infrastructure activities, strong economic growth, and rising target population are anticipated to offer lucrative market opportunities for existing market players in the region.

The erectile dysfunction drugs are broadly categorized into six major types such as Vitaros, Zydena, Stendra, Levitra, Cialis, and Viagra. Viagra is considered as one of the fastest growing segment in the erectile dysfunction drugs market with substantial revue generation in the last couple of years. The growing popularity of the viagra drugs market segment is attributed to the widely distributed channels across the globe. While zydena drugs segment has also witnesses massive growth, in the recent years owing to the addition of udenafil, also termed as a PDE-5 inhibitor. The udenafil differs other PDE 5 inhibitors due to capability of remain active for longer duration and minimum number of side effects such as vision disturbances and muscle pain. The udenafil is mainly manufactured and sold by Dong-A Pharmaceutical Corporation. Although, recent research & development activities and introduction of novel molecules are estimated to foster brand loyalty for Viagra drugs.

The erectile dysfunction drug industry is divided by region as North America, Europe, Asia-Pacific, Latin America and Africa. North America has shown major growth in recent years owing to the rise in the implementation of latest technologies in medicine & pharmaceutical sector, increase in the approval rate, rising research & development initiatives regarding the development of innovative drug molecules and existence of well-established healthcare infrastructure in the region. Asia-Pacific region is predicted to hold major market share in the erectile dysfunction drug market with massive growth in forecast period. Countries such as India, China and South Korea are leading the Asia-Pacific market with rising occurrence of erectile dysfunction & infections, increasing base of geriatric population, and significant investment by leading industry players considering potential growth opportunities in the region.

The key players in the erectile dysfunction drugs industry are Apricus Biosciences Incorporations, Bayer AG, Cristalia Dong-A Pharmaceutical Co., Produtos Quimicos Farmaceuticos Co., Eli Lilly and Company Co., Pfizer Incorporations, S.K. Chemicals Limited, Meda Pharmaceuticals Incorporations, and Vivus Co.

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Food Additives Market Size & Share Analysis by Type and Region, Forecast Report, 2022

23rd November 2021 – Global Food Additives Market is anticipated to grow in the forecast period. Food additives facilitate the mass production of flavored, safe, visually appealing beverages and beverages and nutrition. Although additives make up only a small amount of the finished product (from parts per million to 1–2% by weight), they have a foremost outcome on the taste, color, texture, visual appearance, mouthfeel, and shelf life of prepared foods. The factors that propel the growth of the Food Additives industry include changing lifestyles of customers and growing consciousness regarding nutritional food. On the other hand, there are factors that may hamper the growth of the market including strict governing environment and problems arising owing to additives, such as allergies. The industry is anticipated to grow at a significant CAGR in the upcoming period as the scope, product types, and its applications are increasing across the globe.

Food Additives Market may be explored by technology, by product type, by application, and geography. The industry may be explored by technology as Acids, Sweeteners, Antioxidants, Emulsifiers, Anticaking Agents, Humectants, Stabilizers, Flavors & Enhancers, Colorants, Fat Replacers (Bulking Agents), Shelf- life stabilizers (Preservatives), and others may include Color retention agents, Antifoaming agents, and Glazing agents. The “Flavors & Enhancers” segment led the Food Additives industry in 2015 and is anticipated to maintain its dominance by 2022.

The key applications that could be explored in the Food Additive Market include Hotels, Confectionary, Homes, Bakery, Snacks, Dairy & frozen products, Beverages, Meat, poultry & seafood products, and others. The market could be explored based on product type as Chemical Based, and Nature Based. The “Natural flavors” segment led the Food Additives industry in 2015 and is anticipated to maintain its dominance by 2022 owing to increasing customer consciousness concerning the benefits of neem and herbs as natural flavors is promoting manufacturing development.

North America accounted for the major share of the Food Additives Market Size and will continue to lead in the forecast period. The factors that could be attributed to the growth include increasing demand for confectionery and meat products in North America owing to increased urbanization, and hectic lifestyle, rising hospitality and retail segment is in turn anticipated to propel development of the market over the forthcoming period.

Some of the key players that fuel the development of the Food Additive industry comprise Danisco, BASF, Archer Daniels Midland, Ajinomoto, DSM, Associated British Foods, ADM, Royal DSM N.V., Givaudan and Eastman Chemicals. The leading companies are taking up partnerships, mergers and acquisitions, and joint ventures in order to boost the inorganic growth of the industry.

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Position Sensors Market Product Driving Factors, Capacity and Growth Rate Analysis to 2022

22nd November 2021 – The global Position Sensor Market was appreciated at USD 6.83 Billion in the year 2014 and is expected to reach USD 9.93 billion by 2022. Increasing implementation of combined regulator arrangements in end user electronics apparatuses like tablets and smartphones is estimated to propose profitable development openings above the prediction period. The developing tendency in the direction of plant mechanization in process engineering is driving the demand for position sensors. Strict rules for release enacted in numerous nations in Europe are inspiring the usage of rotary and linear position sensors. These sensors perform an essential part in safeguarding automobile obedience by means of the lineup provisions for release.

The business is expected to observe development due to constant technical inventions in optical position sensors. This expertise is most important for the progress of minor and well-organized chipsets and components with additional utilities. Growing necessities for application of high-speed governor and measurement of the machineries in manufacturing processes estimated to deliver new-fangled possibilities for the development. The development of dynamic vehicle security to generate progressive driver support arrangement, expected to enhance development of business.

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On the source of the end users/applications, the statement concentrates on the position and viewpoint for foremost uses/end users. It takes into consideration the intake in terms of sales, market stake, and development percentage for respective use, including Packaging, Aerospace & Military, Semiconductors & Electronics, Automobiles, Medical Equipment, Assembly & Robotics, R&D Equipment. The subdivision of Automobiles was responsible for above 45% stake of the international income during the year 2014 and is estimated to carry on to be the dominant subdivision by the completion of year 2022. The subdivisions of Semiconductors & Electronics and Automobile are likely to appear such as favorable application subdivisions above the prediction period. Growing necessity for position sensing in steering wheel position, governing of regulator, choice of automatic gear and handling steadiness of automobile estimated to motivate the demand for automobile applications.

The present aerospace manufacturing needs multi-faceted products. This has given rise to the demand for composite procedure of improvement and manufacture. Such kind of manufacturing procedure necessitates contactless detecting equipment. In that way stimulating the demand by business for the application in the aerospace. The Position Sensors market on the source of Type of Technology could span Rotary, Linear, Proximity, and Photoelectric. The market for proximity sensors responsible for above 25% stake of the international income during the year 2014 and is projected to carry on the leading by means of scope of the business until the year 2019. The subdivision of photoelectric sensors is estimated to be the speedily developing sector above the prediction period. Growing demand for sensor created records and data centered engineering from manufacture line equipment anticipated to increase the demand for photoelectric sensors.

The linear and proximity sensors are estimated to appear as an encouraging subdivision above the prediction period due to the extensive acceptance of proximity sensors in smartphones to sense the unintentional touch screen knocks. Furthermore, proximity sensors have turned out to be essential information gaining apparatus in mechanization to arrange for facts in the method of separate procedure variables to regulators. Widespread application of linear and proximity sensors in packing machines to sense the existence and location of a number of constituents is projected to power the demand for these sensors above the prediction period.

The Position Sensors market on the source of Area with respect to Trades in terms of intake, Profits, Market stake and Development percentage in these areas, for the duration of the prediction could span North America, Europe, Asia Pacific, Latin America and Middle East and Africa. By the source of geography, the Asia Pacific is the most important area in market. Presence of well-paid manufacturing industry for end user electronics equipment like laptops and smartphones, over and above a favorable provincial subdivision for industrialized manufacturing, the market for position sensor in the area of Asia Pacific backed more than 35% stake of the general income during the year 2014. Subcontracting of manufacturing actions to low price emerging nations in Asia is likely to observe solid demand for high excellence precision apparatus and sensors in this area. Healthy growth of manufacturing subdivision and marvelous desire for new-fangled machine tools in the Chinese market are likely to increase provincial development above the following seven years.

Closeness to the U.S. market and unrestricted trade contracts with the European Union, Japan, Canada and U.S.A, have pushed the producers of packing equipment to start production and assembly of constituents in nations such as Mexico and Brazil. This has given rise to the greater implementation of position sensors in the area of Latin America. Growing tendencies in the direction of the acceptance of wireless sensor expertise are additionally estimated to activate business development in the areas of Europe and North America. The statement revises Trades in terms of intake of Position Sensors in the market; Particularly in North America, Europe, Asia Pacific, Latin America Middle East & Africa, and Rest of the World. It concentrates on the topmost companies operating in these regions.

Some of the important companies operating in the field on international level are Dr. Johannes Heidenhain GmbH, Qualcomm Technologies, Inc., Infineon Technologies AG, Allegro Microsystems, LLC, TE Connectivity Ltd., MTS Systems Corporation, ams AG, Bourns, Inc., STMicroelectronics N.V., Panasonic Corporation, Vishay Intertechnology, Inc., Renishaw plc. And Honeywell International, Inc.

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Salicylic Acid Market Key Players, Industry Overview, Supply and Consumption Demand Analysis to 2024

22nd November 2021 – The global salicylic acid market size is expected to value at USD 547.5 million by 2024. The market is subject to witness a substantial growth due to the rising demand for salicylic acid in production of various cosmetic and haircare products and increasing consumer awareness associated with advantages of salicylic acid. Factors responsible for rapid market growth of salicylic acid industry, in the recent years, include increasing adoption of salicylic acid for production of aspirin under low costs of manufacturing. Additionally, rising demand for aspirin tablets better known for their pain relieving capability and cost-effectiveness are predicted to drive the market demand for salicylic acid in the upcoming years. Globally, the salicylic acid market is predicted to grow at high CAGR over the forecast period, providing numerous opportunities for market players to invest in research and development of the salicylic acid market.

However, the prevailing side effects due to excessive use or regular intake of aspirin are predicted to limit the market growth to a certain extent. Furthermore, a highly fragmented market coupled with less number of manufacturers and changing cost of the products are restraining the market progress, in recent years. Robust growth in the oil and gas industry, particularly in the Middle East and North America region and extensive availability of phenol as a raw material are anticipated to boost the manufacturing of salicylic acid. Additionally, rising exploration activities and manufacturing of shale gas and tight oil is projected to surge in overall the supply of phenol, thereby driving the growth of salicylic acid market in the upcoming years.

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Excessive use of products containing large amounts of salicylic acid is considered as injurious to the skin and hair. The use of such products in large amount causes severe dryness, blistering, and skin irritation. Increasing popularity of the organic skin care and haircare products containing natural grape juice, thyme, rosemary, and tea tree oil extracts over salicylic acid is negatively affecting overall market performance, in the recent years. The salicylic acid market is broadly categorized into three major types based on their application such as pharmaceutical & medicine industry, food & preservatives industry, and cosmetics industry.

The pharmaceutical & medicine is considered as one of the fastest growing segment in the salicylic acid market with substantial revenue generation in the last couple of years. Growing popularity of the pharmaceutical & medicine market segment is attributed the salicylic acid based drugs for the therapy of different skin diseases and for cardiovascular diseases along with treatment of Hughes syndrome. The food and preservatives segment has also witnessed substantial growth in the last few years owing increasing use of salicylic acid in packaged food and rising demand for food preservatives in the North America region. The salicylic acid prevents spoilage and fermentation in the packaged food products, thereby longing shelf life of the product. Moreover, the salicylic acid as a preservative in the sauces, beer, and wine helps to improve overall product efficiency.

The market is divided by region as North America, Europe, Asia-Pacific, Latin America and Africa. European region has shown major growth in recent years owing to the rise in the implementation of latest technologies in the chemical industry, rapid growth in the skin care & haircare sector, increase in the awareness regarding health and hygiene, and existence of well-established manufacturing industry. Latin American region is predicted to hold major market share in the salicylic acid industry with massive growth in forecast period. Countries such as Brazil and Mexico are leading the Asia-Pacific market with rising need for packaged food products, increasing manufacturing for preservatives, and significant investment by leading industry players considering potential growth opportunities in the region.

The key players in the salicylic acid market are Alfa Aesar GmbH & Co. KG, J.M. Loveridge Limited, Alta Laboratories Ltd., Siddharth Carbochem Products Ltd., Zhenjiang Gaopeng Pharmaceutical Ltd., Novocap S.A., and Simco Chemical Pvt., Limited.

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