Monthly Archives: July 2021

Humanized Mouse Model Market Size Anticipated to Reach $86.98 Million by 2026

Increasing Number of Research and Development Activities With Increasing Need for Early-stage Diagnose of Various Types of Cancer & Cardiovascular Diseases Are Also Driving Regional Market Growth.

Hyderabad, India – July 17, 2021 /MarketersMedia/

Humanized Mouse Model Market size was valued at $83.29 million in 2020, and is anticipated to reach $86.98 million by the end of 2026 growing at a CAGR of 8.2% during the forecast period 2021-2026. The humanized mouse model industry growth rate is attributed to the growing incidences of chronic disorders and increasing demand for effective therapeutic drugs and is anticipated bringing new opportunities. Basic science, safety evaluation for large molecule therapeutics, simulation of some human-specific infectious diseases, and efficacy testing of immunotherapy approaches all use humanised mouse models. In both cells and tissues, the human protein is expressed, while the mouse protein is silenced. Humanized mouse models are used to study cancer genetics, Auto immune diseases, regenerative medicine, human hematopoiesis, infectious diseases, transplantation, and autoimmunity. They improve the translational value of preclinical research by allowing researchers to gain a better understanding of disease pathways. Apart from this, the model requires accurate risk assessment and thorough analysis to preserve the physiological expression and regulation of the human gene inserted into the mouse genome. The genes and proteins of both the mouse and the human are examined for accuracy and structure in order to determine the optimum expression and functionality of the human protein in a mouse environment. Nonetheless, speedy technological advancements have been seen in the area, leading to the development of transgenic mouse, knock-in mouse, and knock-out mouse.

Humanized Mouse Model Market Segment Analysis – By Application

In 2020, on the basis of application, oncology segment accounted for the largest segmental revenue of the humanized mouse model market. The oncology segment held the largest market on account of the rising number of cancer research activities. This segment is projected to witness healthy growth throughout the forecast period 2021-2026 with a CAGR of 8.80%. This is owing to its vast range of applications in a variety of oncological fields coupled with advanced healthcare facilities and growing healthcare expenditure. Furthermore, there is an increasing innovation to develop humanized mouse models tailored to meet the specific needs of cancer research. All these factors are anticipated to fuel market growth during the forecast period 2021-2026.

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Humanized Mouse Model Market Segment Analysis – By End Users

On the basis of end users, contract research organizations (CROs) segment accounted for the largest segmental revenue of the humanized mouse model market in 2020. The largest share can be attributed to the rise in the number of pharmaceutical companies outsourcing their preclinical studies to CROs. In addition, contract research organisations (CROs) are focusing on using these models to produce new drugs in order to gain a profitable market share. They are also interested in drug toxicity assessment and preclinical analysis. Furthermore, biotechnology corporations fund basic and advanced medical and veterinary research programs.

Humanized Mouse Model Market Segment Analysis – By Geography

North America is the major region dominating the Humanized Mouse Model market with a market share of 35.60% in the year 2020. This can be attributed to the growth in this regional segment and can primarily be attributed to growing biomedical research, preclinical activities by CROs and pharmaceutical R&D, continued and responsible use of animals ensured by animal care organizations, increasing monoclonal antibody production in the US along with growing stem cell research, and government support for the development of protein drugs in Canada have fueled the regional market. Moreover, increasing number of research and development activities with increasing need for early-stage diagnose of various types of cancer & cardiovascular diseases are also driving regional market growth.

Humanized Mouse Model Market Drivers

Rising Demand For Personalized Medicine

The humanized mouse model market is poised to receive upswing owing to the rising demand for personalized medicine as these medicines are designed through the use of animal models, particularly mice models. Human tissues are transplanted into immune-deficient models, and the disease expression is registered. Following that, the model is treated with a variety of drugs or gene therapies in order to find the most appropriate therapy, resulting in appropriate or customized medication for patients and thereby augmenting factors that will impact the global market. Furthermore, advancements in genomics, proteomics, and metabolomics; the completion of the Human Genome Project; the growth of tailored diagnostics and therapeutics; and the increasing focus on wellbeing, wellness, and prevention are all driving demand for personalised medicine.

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Humanized Mouse Model Market Challenges

High Cost Of Humanized Models

Despite several drivers, one of the major factor hindering is the high cost of humanized models which is restraining the its usage in experiments as humanized models used in experiments can cost thousands of dollars even in the case of a single patient. Moreover, using humanized models in government-funded basic research can also be cost-prohibitive thereby, challenging the regional market growth.

Humanized Mouse Model Market Landscape

Humanized mouse model market top 10 companies are The Jackson Laboratory, Taconic Biosciences, Inc., Harbour BioMed, HuMurine Technologies, Inc., Vitalstar Biotechnology Co. Ltd., Crown Bioscience, Inc., ingenious targeting laboratory, Axenis S.A.S., TRANS GENIC, Inc., genOway S. A. and others.

Acquisitions/Product Launches

In April 2019, Taconic Biosciences, a global leader in providing genetically engineered rodent model solutions, announces the launch of TruBIOME®, a first of its kind solution enabling the generation and maintenance of mice with custom microbiome profiles.

Key Takeaways

North America dominated the Humanized Mouse Model market with a share of 35.60% in the year 2020.

The factors such as growing aging population and rising number of diagnostic imaging are amongst the major factor projected to impel growth of Humanized Mouse Model market.

Additionally, factors such as development of automated diagnostic imaging systems for laboratories and hospitals to provide efficient, accurate, and error-free diagnosis and increasing government investments are to create opportunities paving a way for the growth in the market during forecast period 2021-2026.

Related Reports :

A. Knockout Mice Model Market
https://www.industryarc.com/Report/15098/knockout-mice-model-pricing-analysis-market.html

B. Humanized Mouse And Rat Model Market
https://www.industryarc.com/Research/Humanized-Mouse-And-Rat-Model-Market-Research-505621

For more Lifesciences and Healthcare related reports, please click here

About IndustryARC: IndustryARC primarily focuses on Cutting Edge Technologies and Newer Applications market research. Our Custom Research Services are designed to provide insights on the constant flux in the global supply-demand gap of markets. Our strong team of analysts enables us to meet the client research needs at a rapid speed, with a variety of options for your business. Any other custom requirements can be discussed with our team, drop an e-mail to sales@industryarc.com to discuss more about our consulting services.

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Source URL: https://marketersmedia.com/humanized-mouse-model-market-size-anticipated-to-reach-8698-million-by-2026/89036755

Source: MarketersMedia

Release ID: 89036755

Muscarinic Acetylcholine Receptor Market Size Forecast to Reach $1.89 Billion by 2026

Increasing Prevalence of Disease Such as Chronic Obstructive Pulmonary Disease and Increasing Importance of Muscarinic Acetylcholine Disease Therapeutics Are the Major Factors Driving the Growth of the Market.

Hyderabad, India – July 17, 2021 /MarketersMedia/

Muscarinic Acetylcholine Receptor Market size is forecast to reach $1.89 billion by 2026, growing at a CAGR of 4.1% during the forecast period 2021-2026. Muscarinic Acetylcholine Receptor are kind of receptors that are involved in regulating the number of peripheral and central functions and are able to inhibit postsynaptic neurons. They are responsible for mediating the effects basically the physiological effects of the nerve activity that are parasympathetic. It has both inhibitory as well as excitatory effects that can block or stimulate the response and is stored in the acetylcholine producing neurons as cholinergic neurons. It is an ester of acetic acid and choline that functions to transmit nerve impulses within the peripheral and central nervous systems. Increasing prevalence of disease such as chronic obstructive pulmonary disease and increasing importance of muscarinic acetylcholine disease therapeutics are the major factors driving the growth of the market. Growth in research in muscarinic acetylcholine and rise in the adoption of muscarinic acetylcholine receptor is set to further enhance the overall market development of the Muscarinic Acetylcholine Receptor Market for the period 2021-2026.

Muscarinic Acetylcholine Receptor Market Segment Analysis – By Product

Tropicamide held the largest share in the Muscarinic Acetylcholine Receptor Market in 2020 and is estimated to grow at a CAGR of 4.4% during the forecast period 2021-2026. Tropicamide is a muscarinic antagonist having similar actions to atropine with an anticholinergic property. It binds the muscarinic receptors in the ciliary muscle in the eye and in the sphincter. It inhibits the responses from stimulation and produces the dilation of the pupil along with the paralysis of the ciliary muscle. Tropicamide is a diagnostic agent that is used to produce short duration cycloplegia and mydriasis. Owing to the short duration of the effect, it is used during dilated fundus examination. Cycloplegic drops are used to treat uveitis that decreases the risk of synechiae and decreases the inflammation in the anterior chamber of the eye. Tropicamide are estimated to register the higher CAGR over the period 2021-2026.

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Muscarinic Acetylcholine Receptor Market Segment Analysis – By Application

Chronic Obstructive Pulmonary Disease held the largest share in the Muscarinic Acetylcholine Receptor Market in 2020 and is estimated to grow at a CAGR of 4.3% during the forecast period 2021-2026. Muscarinic acetylcholine receptor controls smooth muscle tone, inflammation, and mucus secretion in healthy lungs. Cholinergic mechanisms contribute to increase mucus secretion and bronochoconstriction in chronic obstructive pulmonary disease. Muscarinic acetylcholine is not a neurotransmitter but it transcends the parasympathetic nervous system that can modify the phenotypic function of airway cells including the epithelial cells. Chronic Obstructive Pulmonary Disease are estimated to register the higher CAGR over the period 2021-2026.

Muscarinic Acetylcholine Receptor Market Segment Analysis – By Geography

North America dominated the Muscarinic Acetylcholine Receptor Market with a major share of 41.8% in 2020. This is attributed to the increasing number of key players that are focusing on developing mAChR for the treatment of Alzeheimers’s disease and increasing number of pharmaceutical companies that are working on new therapies for neurological conditions. Increasing incidences of chronic obstructive pulmonary disease and increased research activity for therapeutic contribution of these receptors are also increasing the growth of the market in this region.

Muscarinic Acetylcholine Receptor Market Drivers

Increasing Prevalence of Chronic Obstructive Pulmonary Disease

Increasing prevalence of chronic obstructive pulmonary disease is increasing the growth of the Muscarinic Acetylcholine Receptor Market. Chronic obstructive pulmonary disease causes obstructed airflow from the lungs which includes difficulty in breathing, mucus, and cough. It is mainly caused by long term exposure to particulate matter and irritating gases. People suffering from this have high risk of developing heart disease, and variety of other conditions. Two most common conditions that contribute to it are Emphysema and chronic bronchitis which usually occurs together. It affects 2 to 8% of the population. Thus, increasing the growth of the Muscarinic Acetylcholine Receptor Market during the forecast period 2021-2026.

Rising Awareness About Muscarinic Acetylcholine Receptor

Rising awareness about muscarinic acetylcholine receptor is increasing the growth of the Muscarinic Acetylcholine Receptor Market. Neurotransmitter acetylcholine recognized by muscarinic receptors that translates into electrical transients and altered cell behavior by suppressing the signaling pathways.

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Muscarinic Acetylcholine Receptor Market Challenges

Inadequate funding and high cost involved in the treatment of the diseases

Some of the factors that are set to impede the growth of the Muscarinic Acetylcholine Receptor Market are inadequate funding and high cost involved in the treatment of the disease. Strict approval process is also set to hinder the growth of the market.

Muscarinic Acetylcholine Receptor Market Landscape

Muscarinic Acetylcholine Receptor Market, top 10 companies are Heptares Therapeutics Ltd., Astrazeneca Plc, Karuna Pharmaceuticals Inc., Anavex Life Sciences Corp., NeuroHealing Pharmaceuticals Inc. and Sumitomo Dainippon Pharma Co. Ltd. among others.

Key Takeaways

North America dominated the Muscarinic Acetylcholine Receptor Market in 2020 owing to the increasing number of key players who are continuously focusing on developing M1 mAchR agonists for treating Alzheimer’s disease and increasing number of pharmaceutical companies that are working on new therapies for rare neurological conditions. The Muscarinic Acetylcholine Receptor Market scope for different regions will be provided in the final report.

Growing public awareness and technological advancements along with rising awareness about muscarinic acetylcholine & its prevention are likely to aid the market growth of the Muscarinic Acetylcholine Receptor Market report.

Detailed analysis of the Strength, Weakness, and Opportunities of the prominent players operating in the market will be provided in the Muscarinic Acetylcholine Receptor Market report.

Inadequate funding and high cost involved in the treatment of the diseases is poised to create the hurdles for the Muscarinic Acetylcholine Receptor Market.

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For more Lifesciences and Healthcare Market reports, please click here

About IndustryARC: IndustryARC primarily focuses on Cutting Edge Technologies and Newer Applications market research. Our Custom Research Services are designed to provide insights on the constant flux in the global supply-demand gap of markets. Our strong team of analysts enables us to meet the client research needs at a rapid speed, with a variety of options for your business. Any other custom requirements can be discussed with our team, drop an e-mail to sales@industryarc.com to discuss more about our consulting services.

Contact Info:
Name: Venkat Reddy
Email: Send Email
Organization: IndustryARC
Phone: (+1) 970-236-3677
Website: https://www.industryarc.com/

Source URL: https://marketersmedia.com/muscarinic-acetylcholine-receptor-market-size-forecast-to-reach-189-billion-by-2026/89036765

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Release ID: 89036765

Manual Wheelchair Market Size Projected to Grow at a CAGR of 5.6% During the Forecast Period 2021-2026

Increasing Spinal Cord Injuries That Effect Motor and Reflex Capabilities and for People With High Level of Spinal Cord Injury Scapular Instability Is a Significant Issue Driving Manual Wheelchair Market.

Hyderabad, India – July 17, 2021 /MarketersMedia/

Manual Wheelchair Market size was estimated at $3.2 million in 2020, projected to grow at a CAGR of 5.6% during the forecast period 2021-2026. Manual wheelchair is one of the mobility aid that is designed to help the people who have problem in moving around. It is used by an older adults and especially by the people suffering from disabilities owing to muscular dystrophy, multiple sclerosis, cerebral palsy, spinal cord injury, paraplegia and spinal cord injury and others facing problem in scapular kinematics.

Choosing a wheelchair is decided according to the needs and by the mobility level of an individual. The best way to choose a wheelchair is for the person that be using it to assess their own needs, like as lifestyle habits, the amount of time the wheelchair is estimated to be used on a regular basis. Each wheelchair is designed to accommodate a disabled person’s medical condition and application. Owing to the rise in geriatric population, with growing popularity for Paralympics in the recent years, Manual Wheelchair Market is anticipated to experience lucrative growth opportunities.

Manual Wheelchair Market Segment Analysis – By Design & Function

Based on Design & Function, Manual Wheelchair Market is segmented into Basic Wheelchair, Standing Wheelchair, Sports Wheelchair, Bariatric Wheelchair and others. Basic wheelchair segment has accounted for the largest revenue market share in 2020 owing to its cost effectiveness. These wheelchairs are most durable, easy to maintain and offer precise function and positioning to the individual using it. These wheelchairs are mostly suitable for the people who have control over their upper limbs unlike people associated with problem in scapular kinematics.

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Manual Wheelchair Market Segment Analysis – By Category

Based on Category, Manual Wheelchair is segmented in to Pediatric and Adult. Adult wheelchair segment has accounted for largest revenue market share in 2020 owing to the growing worldwide elderly population and being a significant contributor of adult category segment growth in manual wheelchair market growth. Disability in geriatric population owing to age related issues like stiffness in knee, hip, ankle, arthritis, and other factors like brain stroke are driving the market for adult manual wheelchair. For instance, according to CDC, stroke is a leading cause of long term disability and it reduces the mobility in more than half of stroke survivors aged 65 and above.

Manual Wheelchair Market Segment Analysis – By Geography

Based on Geography, North America Manual Wheelchair Market accounted for the 34% revenue share in 2020. This is majorly attributed to the growing number of motor disability in this region. According to CDC, in the U.S. 61 million adult’s live disability, and 26% adults have some or the other disability. In total number of disability cases in the U.S. around 13.7% accounts for the motor disability where the individual is incapable or finds it difficult to walk or climb the stairs. Asia-Pacific market is poised to grow with the fastest CAGR in the forecast period 2021-2026 owing its increase in aging population, and other factors such as spinal cord injuries, paraplegia, muscular sclerosis and others.

Manual Wheelchair Market Segment Analysis – Drivers

Increasing Prevalence of Motor Disability:

The rising prevalence for motor disability is predicted to accelerate the market for manual wheelchair. Motor disability or motor impairment is a partial or total loss of function of a body part, generally limbs. This results in muscle weakness, paraplegia, lack of muscle control. It is often noticed in neurological conditions like Muscle sclerosis, Cerebral palsy, Stroke and Parkinson’s disease. Lock-in syndrome is considered as an extreme form of motor impairment where almost all muscles lose their voluntary control. It is caused by a damage in lower portion of brain and brain stream by a stroke or other reasons. Loss of control over arms, legs and torso is termed as Paraplegia or tetraplegia. It is generally caused by spinal cord injury, particularly in the fifth to seventh vertebral area. This is often associated with loss of sensation from neck. Muscle sclerosis is another factor causing motor impairment.

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Manual Wheelchair Market Segment Analysis Challenges

Rising Demand of Electronic Wheelchair:

Electric wheelchair is poised to hamper the growth and demand for manual wheelchair in the market owing to its independence and other special feature that it offers. Moreover, the increase in innovations to develop an advanced wheelchair by key players in market, such as in July 2020, a Swiss based company, Scewo has launched Scewo Bro, an electric wheelchair that climbs up and down stairs independently. Electric wheelchair is easy to use and is easy to carry during travelling. It offers independence to undertake daily activities without any assistance and requires minimal effort of the user that is likely to hinder the market for manual wheelchair

Manual Wheelchair Market Segment Landscape:

Manual Wheelchair Market top 10 companies are EASE Seating System, Nordic Capital Fund VII, ADI, Seating LIc., Aspen, Revolution Mobility, Eagle, Nissin, Gecko Systems International, Everest & Jennings, Medline, Siemens, Otto Bock, Aquilla Corporation, Merits.

Acquisitions/Product Launches:

In 2019, Permobil, a key player in advanced medical technology has introduced SmartDrive PushTracker E2. It is an advanced power assisted system for the manual wheelchairs. It ultimately increases the user’s ability to move on an uneven surface and prevents shoulder strain.

Key Takeaways

Geographically, North America Manual Wheelchair Market held the largest revenue share of 34% in 2020 owing to the highest disposable income and growing geriatric population along with motor impairment in this region.

Increased demand for R&D made by the key players in different region of the world along with rising FDA approvals for innovative wheelchair innovations in the Manual Wheelchair Market are driving the market.

Moreover, increasing spinal cord injuries that effect motor and reflex capabilities and for people with high level of spinal cord injury scapular instability is a significant issue driving manual wheelchair market.

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https://www.industryarc.com/Report/7378/Mobility-Aids-and-Transportation-Equipment-Market-Research-Report.html

B. Active Wheelchair Market
https://www.industryarc.com/Report/19487/active-wheelchair-market.html

For more Consumer Products and Services Market reports, please click here

About IndustryARC: IndustryARC primarily focuses on Cutting Edge Technologies and Newer Applications market research. Our Custom Research Services are designed to provide insights on the constant flux in the global supply-demand gap of markets. Our strong team of analysts enables us to meet the client research needs at a rapid speed, with a variety of options for your business. Any other custom requirements can be discussed with our team, drop an e-mail to sales@industryarc.com to discuss more about our consulting services.

Contact Info:
Name: Venkat Reddy
Email: Send Email
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Phone: (+1) 970-236-3677
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Source URL: https://marketersmedia.com/manual-wheelchair-market-size-projected-to-grow-at-a-cagr-of-56-during-the-forecast-period-2021-2026/89036772

Source: MarketersMedia

Release ID: 89036772

Tert Butyl Acrylate Market Size Forecast to Reach $7.4 Billion by 2026

The Growing Awareness About Environmental Safety, Consumers Have Started to Prefer Biodegradable Products or Ecofriendly Products Is Also Likely to Boost the Tert Butyl Acrylate Market Growth.

Hyderabad, India – July 17, 2021 /MarketersMedia/

Tert Butyl Acrylate Market (TBA) size is forecast to reach $7.4 billion by 2026, after growing at a CAGR of 4.6% during 2021-2026. Tert-Butyl Acrylate (TBA) is a clear, colorless liquid, and acrylate monomer. TBA imparts hydrophobicity, chemical stability, hardness, scratch resistance, weather ability, hardness, and crosslinking properties to the polymers. The growing construction industry globally drives the growth of the market owing to the surging uses of butyl acetate, epoxy resin, nitrocellulose based products in construction projects for their weather ability properties.

Furthermore, the growing demand for aqueous dispersions as an additive that separates fiber or particles and prevents clumping and setting from the pulp and paper industry is also driving the market growth. Whereas, growing investment and development in the healthcare sector across emerging nations further drive market growth.

Tert Butyl Acrylate Market Segment Analysis – By Form

Homopolymers segment held the largest share of more than 30% in the global market in 2020. Homopolymers are polymers made up of just one type of monomers, with properties such as excellent weight-to-strength ratio, stiffer than copolymers, low friction & wear, good resistance to chemicals, low density, and high resistance to moisture. The properties of Homopolymers make them suitable to use across various industry applications, which in turn drives the market growth.

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Tert Butyl Acrylate Market Segment Analysis – By Application

Coating and Inks held the largest share of more than 25% in the global market in 2020. Tert Butyl Acrylate (TBA) is added as an additive in coatings & inks, which provides chemical resistance, heat resistance, reduce the dry time, low viscosity, scratch resistance, and excellent weatherability to the applicant surface. Moreover, due to these properties, the demand for TBA based coatings & inks is growing across various end-use industry applications like interior & exterior body of vehicles, in printing & press industry, for digital printing, and textile industry. Furthermore, these coatings are used in the construction industry to protect the structure from erosion in the exterior walls, resistance to dirt, and also used as floor coatings.

Tert Butyl Acrylate Market Segment Analysis – By End-Use Industry

Automotive segment is projected to witness the highest CAGR of 7.2% in the TBA market during the forecast period. This growth is attributed to the surging uses of coatings and sealants in automobiles. Automotive manufacturers use these coating to provide high-grade automotive refinishing paint and protect the vehicles from corrosion. Whereas, the growing demand for lightweight and electric vehicles for better fuel efficiency and lowering the carbon emission is set to drive the market’s growth.

Tert Butyl Acrylate Market Segment Analysis – By Geography

Asia Pacific held the largest share of more than 45% in the TBA market in 2020 followed by North America, Europe, and the Middle East region. The growth of residential buildings and public infrastructure coupled with the growing population drive the growth of this market. The growing paper & pulp industry, surging demand for packaging and hygiene products, and developing e-commerce sector is also contributing to the market growth across the region. The increase in consumption of plastic from the food and beverage and packaging sector is likely to boost the demand for the market in APAC.

Tert Butyl Acrylate Market Drivers

Easily Biodegradable & Non-Toxic for Environment

Tert Butyl Acrylate is an ester of acrylic acid, which evaporate easily and are unlikely to persist in the environment. Tert-butyl acrylate is ultimately biodegradable in the environment, as they do not bind to soil or sediment. If released in the air, they will undergo degradation within days. They do not accumulate in the food chain as the bio-concentration potential is low. Thus, the biodegradable properties of TBA make them more environmentally friendly, which in turn drives the market growth.

Growing Demand of TBA from Plastic Industry

Even though plastics are hazardous for the environment, the demand for plastic products are not decreasing due to low cost and lightweight as compared to the other alternatives. Tert-butyl acrylate is used as an additive in the production of plastic and plastic products, which are durable than glass, lighter weight, easy to fabricate, non-toxic, and highly transparent. These properties of TBA based plastic makes them suitable to use across various end-use applications like food packaging, medical & sports equipment’s, displays, and plane canopies.

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Tert Butyl Acrylate Market Market Landscape

Major players in the market are Tokyo Chemical Industry UK Ltd., Osaka Organic Chemical, Wanhua Chemical Group, Shandong Minde Chemical Co., Ltd., ECEM BV, Merck KGaA, Changshu Jinfeng Chemical Co., Ltd.,Guangdong DeRong Chemical Co., Ltd, Eastman Chemical Co., and LyondellBasell Industries N.V., among others

Key Takeaways

North America region is projected to witness significant growth during the forecast period due to the strong presence of aerospace and healthcare industries. The United States holds a major share in the region.

The growth of the medical industry drive the market growth as butyl acetate, epoxy resin, nitrocellulose are used in medical fibers & resins, medical elastomers, and biodegradable medical plastics.

Covid19 will hinder the market growth during the forecast period due to the declining demand from end-uses and disruption of the global supply chain.

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About IndustryARC: IndustryARC primarily focuses on Cutting Edge Technologies and Newer Applications market research. Our Custom Research Services are designed to provide insights on the constant flux in the global supply-demand gap of markets. Our strong team of analysts enables us to meet the client research needs at a rapid speed, with a variety of options for your business. Any other custom requirements can be discussed with our team, drop an e-mail to sales@industryarc.com to discuss more about our consulting services.

Contact Info:
Name: Venkat Reddy
Email: Send Email
Organization: IndustryARC
Phone: (+1) 970-236-3677
Website: https://www.industryarc.com

Source URL: https://marketersmedia.com/tert-butyl-acrylate-market-size-forecast-to-reach-74-billion-by-2026/89036784

Source: MarketersMedia

Release ID: 89036784

Autism Spectrum Disorder Treatment Market Size Estimated to Reach $4,612.1 Million by 2026

The Rising Focus on Programs for Autism for the New Autism Discoveries Are Increasing the Growth of the Autism Spectrum Disorder (ASD) Treatment Market.

Hyderabad, India – July 17, 2021 /MarketersMedia/

Autism Spectrum Disorder (ASD) Treatment Market size is estimated to reach $4,612.1 million by 2026, growing at a CAGR of 4.3% over 2021-2026. Autism spectrum disorder is a kind of disability that occurs owing to social and behavioral challenges and the disorder differs from person to person. Various kinds of autism type such as asperger syndrome and pervasive developmental disorder that causes owing to neurodevelopment disorder. Anticonvulsants drugs are also known as antiepileptic drugs that are very effective in autism spectrum disorders which is widely administered to patients with autistic spectrum disorder. Similarly, antipsychotics treatment is beneficial for the patients with ASD for the treatment of physical aggression, and self-injurious behaviors of patients. Insomnia is common in adults with autism spectrum disorder that causes difficulty in initiating and maintaining sleep. The risk of epilepsy are also common for the people who are suffering from autism spectrum disorder. Increasing government funding & sponsored awareness programs and growing technological advancement is the major factor driving the growth of this market.

Autism Spectrum Disorder (ASD) Treatment Segment Analysis – By Autism Type

The global Autism Spectrum Disorder (ASD) Treatment Market based on Autism Type can be further segmented into Autistic Disorder, Asperger Syndrome, Pervasive Developmental Disorder and Childhood Disintegrative Disorder. The Autistic Disorder segment is the major segment generating revenue in 2020. This is mainly owing to increasing prevalence of autistic order and growing demand for the effective therapy for the treatment of autism disorder.

According to World Health Organization, about 1 in 270 people are suffering from autism disorder in 2021 that increases the growth of this market. The Asperger Syndrome segment is estimated to register the fastest CAGR of 0.65% for the period 2021-2026. This is mainly owing to increasing neurodevelopment disorder that increases the cases of insomnia and epilepsy that are increasing the growth of this market.

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Autism Spectrum Disorder (ASD) Treatment Segment Analysis – By Treatment

The global Autism Spectrum Disorder (ASD) Treatment Market based on Treatment can be further segmented into Behavioral Approaches, Early Intervention, Medication, Dietary Approach and Others. The Behavioral Approaches segment registers for the highest Autism Spectrum Disorder (ASD) Treatment market share in 2020. This is owing to its simplicity to understand and easy for practice.

Moreover, it does not require a specialist to implement and provide less steps to shape the behaviour. The Early Intervention segment is estimated to register the fastest CAGR of 1.5% over 2021-2026. This is mainly owing to it enhances the development of child with special needs and support to empower families of children that increases the growth of this market.

Autism Spectrum Disorder (ASD) Treatment Segment Analysis – By Geography

North America dominated the Autism Spectrum Disorder (ASD) Treatment Market with major share of 40% in 2020. This is owing to rising prevalence of autism and pervasive developmental disorders (PDD) and growing awareness about autism among the patient.

According to Center for Disease Control and Prevention, in 2020 about 1 in 54 children in the U.S. are suffering from autism spectrum disorder (ASD) that increases the need of anticonvulsants and antipsychotics and are rising the market growth. However, Asia Pacific is estimated to outpace all the regions by clocking the highest CAGR of 2.15% during the forecast period 2021-2026 owing to increasing geriatric population and improvement in healthcare centers.

Autism Spectrum Disorder (ASD) Treatment Market Drivers

Increasing Government Funding & Sponsored Awareness Programs

The increasing funding in government and rising focus on programs for autism for the new autism discoveries are increasing the growth of the Autism Spectrum Disorder (ASD) Treatment Market. Various government agencies are launching new programs in order to provide better facility and are increasing the growth of the Autism Spectrum Disorder (ASD) Treatment Market over 2021-2026.

Growing Technological Advancement

Increasing innovation in technology increases the awareness in E-learning program that increases the growth of this Market. Moreover, rising number of product for various autism type such as asperger syndrome and pervasive developmental disorder that increasing the growth of Autism Spectrum Disorder (ASD) Treatment Market over 2021-2026.

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Autism Spectrum Disorder (ASD) Treatment Landscape

Autism Spectrum Disorder (ASD) Treatment top 10 companies include, Actavis, Inc., Curemark LLC, Janssen Pharmaceuticals, Inc., Otsuka Holdings Co., Ltd., Pediatric BioScience, Inc., Teva Pharmaceutical Industries Ltd., Mylan Pharmaceuticals, Inc., Pfizer Inc., Novartis AG, Bristol-Myers Squibb, Merck & Co., and Par Sterile Products, LLC.

Key Takeaways

Geographically, in 2020, North America dominated the Autism Spectrum Disorder (ASD) Treatment Market owing to rising prevalence of autism and pervasive developmental disorders (PDD) and growing awareness about autism among the patient.

Increasing Government Funding & Sponsored Awareness Programs and growing technological advancement are likely to aid in the market growth of the Autism Spectrum Disorder (ASD) Treatment.

Detailed analysis of the Strength, Weakness, and Opportunities of the prominent players operating in the market will be provided in the Autism Spectrum Disorder (ASD) Treatment Market report.

Lack of skilled professional to diagnose autism spectrum disorder is set to create hurdles for the Autism Spectrum Disorder (ASD) Treatment Market.

Related Reports:

A. Schizophrenia Treatment Market
https://www.industryarc.com/Report/16018/schizophrenia-treatment-market.html

B. Movement Disorder Market
https://www.industryarc.com/Report/16115/movement-disorder-market.html

For more Lifesciences and Healthcare Market reports, please click here

About IndustryARC: IndustryARC primarily focuses on Cutting Edge Technologies and Newer Applications market research. Our Custom Research Services are designed to provide insights on the constant flux in the global supply-demand gap of markets. Our strong team of analysts enables us to meet the client research needs at a rapid speed, with a variety of options for your business. Any other custom requirements can be discussed with our team, drop an e-mail to sales@industryarc.com to discuss more about our consulting services.

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Source URL: https://marketersmedia.com/autism-spectrum-disorder-treatment-market-size-estimated-to-reach-46121-million-by-2026/89036724

Source: MarketersMedia

Release ID: 89036724

Scar Dressings Market Size Estimated to Reach $853.8 Million by 2026

Rise in the Adoption of Sterile Pads Driving the Growth of Scar Dressings Market.

Hyderabad, India – July 17, 2021 /MarketersMedia/

Scar Dressings Market size is estimated to reach $853.8 million by 2026, growing at a CAGR of 14.3% during the forecast period 2021-2026. A Scar is a natural part of the body’s healing process that replaces normal skin after an injury. Scar dressings are generally used in the treatment of hypertrophic and keloid scars to improve the appearance and also prevent the formation of scars. Scar dressings are increasingly being adopted across the world owing to the growing demand for various treatments of scars.

The rise in the prevalence of stretch marks owing to the sudden weight changes, rise in the demand for sterile pads to stem the flow of blood and clean the wound area with disinfectants, increasing demand for iodopovidone for disinfecting the hands of healthcare providers, and growing investment by the key players to develop advanced scar dressings are the factors that are set to drive the growth of the Scar Dressings Market for the period 2021-2026.

Scar Dressings Market Segment Analysis – By Product Type

The Scar Dressings Market based on the Product Type can be further segmented into Sterile Dressings and Non-sterile Dressings. The Sterile Dressings segment held the largest share in 2020 and is also estimated to be the fastest growing segment with a CAGR of 15.2% over the period 2021-2026. This growth is owing to the factors such as the rise in the adoption of sterile pads and the growing demand for sterile dressings that are free from microorganisms.

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Scar Dressings Market Segment Analysis – By End User

The Scar Dressings Market based on the End User can be further segmented into Hospital, Community Centers, and Others. The Hospital segment held the largest share in 2020 owing to the factors such as the increase in the adoption of sterile dressings for the treatment of hypertrophic scars in hospitals and rise in the investment by the key players to develop advanced scar dressings for the treatment of various scars in hospitals.

The rise in the adoption of iodopovidone for disinfecting the hands of healthcare providers is driving the growth of the Scar Dressings Market. The Community Centers segment is estimated to be the fastest growing segment with a CAGR of 15.4% over the period 2021-2026. This growth is owing to the factors such as the rise in the demand for sterile pads for treating open wounds in community centers and growing awareness among the patients about the treatment of scars in community centers.

Scar Dressings Market Segment Analysis – By Geography

The Scar Dressings Market based on the Geography can be further segmented into North America, Europe, Asia-Pacific, South America, and Rest of World. North America held the largest share with 34% of the overall market in 2020. The growth in this segment is owing to the factors such as the rise in the prevalence of stretch marks owing to the sudden weight changes and an increase in the product launches by key players.

The increasing demand for iodopovidone for disinfecting the hands of healthcare providers is driving the growth of the Scar Dressings Market. Asia-Pacific segment is estimated to be the fastest growing segment over the period 2021-2026.

Scar Dressings Market Drivers

Rise in the Adoption of Sterile Pads

Sterile pads are increasingly being used for open wounds to stem the flow of blood and clean the wound area with disinfectants. These sterile pads are also used for the primary treatment of infected and highly exudative wounds as dressings in the outpatient department for minor surgeries, which is further propelling the growth of the Scar Dressings Market.

Increase in the Prevalence of Hypertrophic Scars

The rise in the prevalence of hypertonic scars owing to the growing number of skin injuries has propelled the demand for sterile dressings and sterile pads for cushioning and cleaning at the risk of injection. The key players in developed nations are focusing on developing advanced sterile pads for the treatment of hypertonic scars, which is one of the major factors driving the growth of the Scar Dressings Market.

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Scar Dressings Market Competitive Landscape:

Product launches, mergers and acquisitions, joint ventures, and geographical expansions are key strategies adopted by players in the Scar Dressings Market. Key companies of this market are Medtronic plc, Alliqua BioMedical, Smith and Nephew plc, Acelity L.P. Inc, BSN Medical GmbH, 3M Company, Integra LifeSciences Holdings Corporation, Coloplast A/S, AxioBiosolutions, and Mlnlycke Health Care AB among others.

Key Takeaways

Geographically, North America Scar Dressings Market accounted for the highest revenue share in 2020 and it is poised to dominate over the period 2021-2026 owing to the rise in the demand for iodopovidone for disinfecting the hands of healthcare providers.

The increase in the adoption of sterile dressings for the treatment of hypertrophic scars in hospitals is driving the Hospitals segment. However, the rise in the availability of substitute products for scar treatment is one of the major factors that is said to reduce the growth of the Scar Dressings Market.

Detailed analysis on the Strength, Weakness, and Opportunities of the prominent players operating in the market will be provided in the Scar Dressings Market report.

Related Reports :

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https://www.industryarc.com/Report/18463/scar-treatment-market-research-report-analysis.html

B. Keloid Treatment Market

https://www.industryarc.com/Report/15926/keloid-treatment-market.html

For more Lifesciences and Healthcare Market reports, please click here

About IndustryARC: IndustryARC primarily focuses on Cutting Edge Technologies and Newer Applications market research. Our Custom Research Services are designed to provide insights on the constant flux in the global supply-demand gap of markets. Our strong team of analysts enables us to meet the client research needs at a rapid speed, with a variety of options for your business. Any other custom requirements can be discussed with our team, drop an e-mail to sales@industryarc.com to discuss more about our consulting services.

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Source URL: https://marketersmedia.com/scar-dressings-market-size-estimated-to-reach-8538-million-by-2026/89036735

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Release ID: 89036735

Global Nitrile Gloves Market Size to Grow at a CAGR of 13.8% During the Forecast Period 2021-2026

The Growing Awareness Among People Related to Contagious Diseases and Hygiene Driving the Growth of Nitrile Gloves Market.

Hyderabad, India – July 17, 2021 /MarketersMedia/

Nitrile Gloves Market size is estimated at $3.9 billion in 2020, projected to grow at a CAGR of 13.8% during the forecast period 2021-2026. Nitrile gloves are latex protein-free, which makes them more appealing to people with latex allergies. Synthetic rubber is also used in their manufacturing, which helps to provide high strength, longevity, and improved flexibility, as well as the ability to minimize hand fatigue, provides a comfortable fit, and low friction. The latest emergence of the COVID-19 pandemic is expected to be a significant factor in driving global demand. The increasing prevalence of COVID-19 in the country has heightened demand, particularly in the healthcare industry, to prevent further dissemination. Moreover, the nitrile glove industry is growing owing to a growing aging populations and stricter health regulations. Manufacturers of gloves have begun to incorporate innovations such as Artificial Intelligence (AI) and Big Data Analytics into their manufacturing processes in order to improve overall quality and capabilities. Globus Ltd, for instance, introduced GREEN-DEX, the world’s first biodegradable nitrile disposable gloves. GREEN-DEX biodegrades in biologically active landfills, making it a great single-use hand safety option that also saves money on recycling. As a result, the product demand to combat the spread of the coronavirus, technical advances, Synthetic material and increasing R&D efforts by industry titans are all driving the nitrile gloves market forward.

Nitrile Gloves Market Segment Analysis – By Product Type:

Based on Product Type, Disposable Gloves Segment accounted for the largest revenue market share of around 75% in 2020 and is also anticipated to grow with the fastest CAGR. Prior to the outbreak of the COVID-19 pandemic, there has been an increase in demand for single-use gloves across all end-use industries. Disposable gloves also help to prevent the spread of pathogens and germs in medical facilities, which drives demand in the medical and healthcare industries. Healthcare staff prefers disposable gloves to prevent cross-contamination during treatment or inspection driving the Nitrile Gloves Industry. Durable Gloves segment is anticipated to grow with the second fastest CAGR of 14.8% in the forecast period 2021-2026.

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Nitrile Gloves Market Segment Analysis – By Type:

Based on Type, Powdered-Free accounted for the largest revenue market share in 2020 as powder-free gloves are commonly used in the medical and healthcare industries, where disposable gloves are in high demand and growing rapidly following the outbreak of the COVID-19 pandemic. Latex protein Powder-free nitrile gloves are estimated to hold the largest the market owing to their rising popularity in industries such as food processing, medical and chemical. Furthermore, several authoritarian regimes are supposed to benefit the powder-free segment. Powdered is projected to witness the fastest CAGR of 14.3% during the forecast period 2021-2026.

Nitrile Gloves Market Segment Analysis – By Geography:

Based on Geography, North America Nitrile Gloves Market accounted for the 38% revenue share in 2020. This is mainly attributable to growing public health concerns and increased demand for disposable gloves. Latex Protein Gloves used for medical purposes have been approved by the FDA. In North America, these food gloves are approved for food handling and preparation. The FDA has approved it for use in food service and food manufacturing in the United States, and the Canadian Food Inspection Agency (CFIA) has approved it for use in Canada. Asia-Pacific is predicted to be the fastest growing region during the forecast period 2021- 2026.

Nitrile Gloves Market Drivers

The Growing Awareness Among People Related To Contagious Diseases & Hygiene:

The demand for nitrile gloves is increasing as a result of growing hygiene awareness. Keeping hands clean is one of the preventive steps for infection prevention. Healthcare facilities just sanitize their hands about half of the time, according to the Centres for Disease Control and Prevention. The latex protein free gloves product demand is growing due to an increase in the number of infectious diseases around the world. Health tests may be used to identify and diagnose contagious diseases. An increasing number of infectious diseases, as well as improved healthcare services, are all contributing to the Nitrile Gloves Market rapid growth.

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Nitrile Gloves Market Landscape:

Nitrile Gloves Market top 10 companies are Ammex Corporation, Synthomer plc, Dynarex Corporation, Hartalega Holdings Bhd., Top Glove Corporation Bhd., Ansell Ltd., Supermax Corporation Bhd., Owens & Minor Inc., Comfort Gloves Bhd. and Medicom.

Key Takeaways

Nitrile Gloves (ANA) market growth is being driven by technological advances, adoption of new techniques, and the prevalence of various infectious diseases.

Owing to the presence of potential players who are creating new devices, innovations in medical device technology, major investments in R&D, and government funding, the North American Nitrile Gloves Market held the largest revenue share of 38 percent in 2020. The scope of the Nitrile Gloves Market for various regions will be provided in the final report.

The Nitrile Gloves Industry is expanding owing to rising perception of the product’s benefits in health centers, as well as an increase in the number of latex allergies.

The rising incidences of pandemic diseases such as COVID-19 and swine flu (H1N1), as well as rising demand for preventing infection is also expected to push the Nitrile Gloves industry.

Related Reports :

A. Disposable Gloves Market

https://www.industryarc.com/Report/16028/disposable-glove-market.html

B. Nitrile Medical Gloves Market

https://www.industryarc.com/Research/Nitrile-Medical-Gloves-Market-Research-502332

For more Lifesciences and Healthcare Market reports, please click here

About IndustryARC: IndustryARC primarily focuses on Cutting Edge Technologies and Newer Applications market research. Our Custom Research Services are designed to provide insights on the constant flux in the global supply-demand gap of markets. Our strong team of analysts enables us to meet the client research needs at a rapid speed, with a variety of options for your business. Any other custom requirements can be discussed with our team, drop an e-mail to sales@industryarc.com to discuss more about our consulting services.

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Source URL: https://marketersmedia.com/global-nitrile-gloves-market-size-to-grow-at-a-cagr-of-138-during-the-forecast-period-2021-2026/89036737

Source: MarketersMedia

Release ID: 89036737

Surface Plasmon Resonance Growth Analysis Market Size Forecast to Reach $1.2 Billion by 2026

Increasing Prevalence of Cardiovascular Diseases Is Increasing the Growth of the Surface Plasmon Resonance Growth Analysis Market.

Hyderabad, India – July 17, 2021 /MarketersMedia/

Surface Plasmon Resonance Growth Analysis Market size is forecast to reach $1.2 billion by 2026, growing at a CAGR of 5.3% during the forecast period 2021-2026. Surface plasmon resonance is used to monitor label free biomolecular interactions in real time that is immobilized on metallic film. It is made up of gold at convenient combinations of wavelength. Surface plasmon resonance are also used to enhance the surface sensitivity of various spectroscopic measurements which includes fluorescence, conduction electrons, second harmonic generation, and raman scattering among others.

It also helps in analyzing the biomolecular interactions Electromagnetic waves travelling along metallic air interface in the visible frequency is known as surface plasmon polariton. Increasing adoption of microfluidics and increasing usage of advanced imaging software are the major factors driving the growth of the market. Increasing availability of various versatile surface plasmon and increasing research & development of surface plasmon resonance system is set to further enhance the overall market development of the Surface Plasmon Resonance Growth Analysis Market for the period 2021-2026.

Surface Plasmon Resonance Growth Analysis Market Segment Analysis – By Product

Imaging System held the largest share in the Surface Plasmon Resonance Growth Analysis Market in 2020 and is estimated to grow at a CAGR 5.9% during the forecast period 2021-2026. In machine vision, imaging systems are used for capturing images. It consists of illumination source, camera, and an imaging lens. Advanced imaging software is used for analyzing the surface plasmon resonance. Imaging System are estimated to register the higher CAGR over the period 2021-2026.

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Surface Plasmon Resonance Growth Analysis Market Segment Analysis – By Application

Drug Discovery held the largest share in the Surface Plasmon Resonance Growth Analysis Market in 2020 and is estimated to grow at a CAGR 6.4% during the forecast period 2021-2026. Surface plasmon resonance is increasing used for drug discovery process as it enables the highly sensitive and thermodynamics for target interactions that are ligand. It monitors any kind of molecular interactions that can be used in pharmaceutical science among others. It is also used to identify another technology of drug discovery process.Drug Discovery are estimated to register the higher CAGR over the period 2021-2026.

Surface Plasmon Resonance Growth Analysis Market Segment Analysis – By Geography

North America dominated the Surface Plasmon Resonance Growth Analysis Market with a major share of 39.0% in 2020. This is attributed to the increasing application of surface plasmon resonance for drug discovery and for monitoring small molecules interactions. Increasing usage of surface plasmon in food industry for monitoring the quality of food and quantity of vitamins in food is also increasing the growth of the market in this region. However, Asia Pacific is estimated to grow at a higher CAGR during the forecast period 2021-2026 owing to the increasing adoption of microfluidics for lowering the consumption of reagents and increasing research & development.

Surface Plasmon Resonance Growth Analysis Market Drivers

Increasing Prevalence of Cardiovascular Diseases

Increasing prevalence of cardiovascular diseases is increasing the growth of the Surface Plasmon Resonance Growth Analysis Market. Some of the major factors of cardiovascular disease includes unhealthy and physical inactivity among others which raises the blood pressure and blood glucose causing overweight and obesity. Thus, increasing the growth of the Surface Plasmon Resonance Growth Analysis Market during the forecast period 2021-2026.

Technological Advancements

Technological advancements is increasing the growth of the Surface Plasmon Resonance Growth Analysis Market. Technological advancements has enabled manufacturers to develop imaging systems that contain ingestible flow sensors inside it. Increasing advancements in imaging systems has provided an opportunity to bio manufacturers. The majority of technological advancements were oriented towards the manufacturing of aseptically filled products. Thus, increasing the growth of the Surface Plasmon Resonance Growth Analysis Market during the forecast period 2021-2026.

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Surface Plasmon Resonance Growth Analysis Market Challenges

High Cost of Installation and Lack of Skilled Professionals

Some of the factors that are set to impede the growth of the Surface Plasmon Resonance Growth Analysis Market are high cost of installation and lack of skilled professionals. High cost of the product, and shortage of detection sensitivity are set to hinder the growth of the market.

Surface Plasmon Resonance Growth Analysis Market Landscape

Product launches, mergers and acquisitions, joint ventures, and R&D activities are key strategies adopted by players in the Surface Plasmon Resonance Growth Analysis Market. In 2020, the Surface Plasmon Resonance Growth Analysis Market share is consolidated by the top ten players present in the market. The Surface Plasmon Resonance Growth Analysis Market, top 10 companies are Kinetic Evaluation Instrunments BV, Nicoya Lifesciences Inc., Bio Rad Laboratories Inc, and Biosensing Instrunment Inc. among others.

Key Takeaways

North America dominated the Surface Plasmon Resonance Growth Analysis Market in 2020 owing to the increasing expenditure on healthcare and increasing incidences of chronic diseases. The Surface Plasmon Resonance Growth Analysis Market scope for different regions will be provided in the final report.

Increasing awareness through training programs and increasing availability of the products are likely to aid the market growth of the Surface Plasmon Resonance Growth Analysis Market report.

Detailed analysis of the Strength, Weakness, and Opportunities of the prominent players operating in the market will be Surface Plasmon Resonance Growth Analysis Market report.

High cost of installation and lack of skilled persons is poised to create the hurdles for the Surface Plasmon Resonance Growth Analysis Market.

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https://www.industryarc.com/Report/16744/label-free-detection-market.html

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For more Lifesciences and Healthcare Market reports, please click here

About IndustryARC: IndustryARC primarily focuses on Cutting Edge Technologies and Newer Applications market research. Our Custom Research Services are designed to provide insights on the constant flux in the global supply-demand gap of markets. Our strong team of analysts enables us to meet the client research needs at a rapid speed, with a variety of options for your business. Any other custom requirements can be discussed with our team, drop an e-mail to sales@industryarc.com to discuss more about our consulting services.

Contact Info:
Name: Venkat Reddy
Email: Send Email
Organization: IndustryARC
Phone: (+1) 970-236-3677
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Source URL: https://marketersmedia.com/surface-plasmon-resonance-growth-analysis-market-size-forecast-to-reach-12-billion-by-2026/89036741

Source: MarketersMedia

Release ID: 89036741

Wearable Computing Market Size Estimated to Surpass $92.1 Billion Mark by 2026

Increasing Adoption of Smart Watches and Wristbands in Consumer Electronics Sector Driving the Growth of Wearable Computing Market.

Hyderabad, India – July 17, 2021 /MarketersMedia/

The global Wearable Computing Market is estimated to surpass $92.1 billion mark by 2026 growing at an estimated CAGR of more than 20.1% during the forecast period 2021 to 2026. The Wearable Computing market is projected to witness substantial growth over the forecast period primarily due to advancement of technologies in which the electronic devices are embedded with the wearable such as fitness tracker, smart wrist watch and others as well as deployment in personal area networks. Adoption of smart wearable like smart watches and wrist bands are potential driving factor for the market. The majorly deployed industries are health care and Entertainment. These devices are gaining popularity owing to smart and advanced features such as easy synchronization, improved heat dissipation, behavioral modeling and high portability. These factors are set to boosts the market growth for Wearable Computing during the forecast period 2021-2026

Wearable Computing Market Segment Analysis – By Technology

The wearable computing market is segmented into Computing technologies, Display technologies, Networking technologies, Augmented Reality and others based on technology. Increasing adoption of display technologies and computing technologies in smart watches, smart bands and other devices are the driving factors for the market. Increasing adoption of OLED micro display as it is light weight and energy efficient has increased the growth of wearable market. AR eyewear is increasing in adoption for the gaming industry which in turn improves the demand for wearable computing market.

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Wearable Computing Market Segment Analysis – By End User

The market is segmented Fitness and Wellness, Healthcare, Entertainment, Gaming and Others based on End Users. Healthcare sector is witnessing fastest growth at 24.4% CAGR through 2026. Adoption of improved lifestyle in the recent period has impacted the growth of wearable computing market. Increased investment towards virtual reality wearable headset by major market players is also driving factor for the market. Wearable devices have played an important role in improving the capabilities of the soldier. Wearable technologies have been rapidly adopted in the military sector recently, as they help monitor the physical condition of soldiers during missions, improve communication between troops and military posts, and provide a comprehensive knowledge of the situation.

Wearable Computing Market Segment Analysis – By Geography

North America is the largest market for Wearable Computing Market at 37.3% share in 2020. Growth of the market in the region is attributed to rising incidence of chronic diseases such as obesity, diabetic, heart disease, and arthritis. Center for Disease Control and Prevention’s Behavioural Risk Factors Surveillance System (BFRSS) and TFAH has analyzed that U.S. obesity rate stands at 42.4 percent in 2020 and it will increase in the future.This in turn will increase the demand towards the growth of wearable computing devices. APAC is expected to increase its demand towards the wearable computing as it has the increasing population in the countries like India and China.

Wearable Computing Market Drivers

Increasing adoption of smart watches and wristbands in consumer electronics sector

Increased adoption of smart devices like smart watches and bands are the major driving factor for the growth of market. Incrementing popularity for fitness among many has increased the market share for wearable computing market. Wearable computing devices to help doctors monitor health of patients remotely and aid to prevent deaths related to health issues such as obesity, heart attacks, asthma, and diabetes. These devices can be used to track various health parameters such as body temperature, blood pressure levels, and the count of blood cells, which further helps users detect, diagnose, and other parameters on their own.

Wearable Computing in Healthcare

The rising demand of the customers to take control of their health is highly influencing the use of wearable computing in healthcare. The development of wearable devices such as fitness trackers, smart watch phones, smart health watches, smart clothing and so on are highly driving wearable computing in the healthcare industry. As the recent wearable computing is equipped with advanced features that monitor health-related problems and make the diagnostic process more convenient for medical practitioners is highly leading to the need for advanced wearable technology. Moreover, the introduction of wearable ECG monitors are also gaining huge traction in the healthcare sector which is driving the wearable computing market.

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Wearable Computing Market Landscape

Major players in the market are focusing on inorganic growth strategies such as mergers and acquisitions, to strengthen their foothold in the market. Key players are Fitbit, Inc, Apple, Inc, Adidas AG, Nike, Google LLC, Motorola Mobility Holding, Pebble technology, Samsung electronics etc.

Key Takeaways

The increasing adoption of smart watches and wristbands among consumers is one of the major factors driving growth of the wearable computing devices market.

Increasing popularity towards fitness helps the trainers and doctors to keep track about their clients as they can be used to track heartbeat rate, BP, body temperature and others. It is easy analyse these without visiting hospital or any lab.

Increasing advancement of IoT, Sensor has driven the market towards the wearable.

North America is expected to dominate the market in the forecasted period. This growth is attributed with increasing heart related diseases, Obesity, Diabetics, and other chronic diseases.

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A. Wrist Wearable Devices Market

https://www.industryarc.com/Report/167/wrist-wearable-devices-market-analysis-and-forecast.html

B. Wearable Fitness Technology Market

https://www.industryarc.com/Report/15471/wearable-fitness-technology-market.html

For more Electronics Market reports, please click here

About IndustryARC: IndustryARC primarily focuses on Cutting Edge Technologies and Newer Applications market research. Our Custom Research Services are designed to provide insights on the constant flux in the global supply-demand gap of markets. Our strong team of analysts enables us to meet the client research needs at a rapid speed, with a variety of options for your business. Any other custom requirements can be discussed with our team, drop an e-mail to sales@industryarc.com to discuss more about our consulting services.

Contact Info:
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Email: Send Email
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Phone: (+1) 970-236-3677
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Source URL: https://marketersmedia.com/wearable-computing-market-size-estimated-to-surpass-921-billion-mark-by-2026/89036747

Source: MarketersMedia

Release ID: 89036747

De-Ionization Market Size Forecast to Reach $2.3 Billion by 2026

The Growing Health Awareness, Water Consumption Coupled With Population Growth, and Developing Urbanizations Are Driving the De-ionization Market.

Hyderabad, India – July 17, 2021 /MarketersMedia/

De-Ionization Market size is forecast to reach $2.3 billion by 2026, after growing at a CAGR of 5.4% during 2021-2026. Deionization is the process by which both positively charged and negatively charged ions are removed from the water, these ions are contaminants and corrosive to metals. Growing health awareness, growing water consumption coupled with population growth, and developing urbanizations are driving the De-Ionization market growth over the forecast period. Furthermore, de-ionization is used for water treatment through Electrodialysis (ED), hydrogen ions exchange, and Reverse Osmosis process along with treat leachate from municipal solid waste landfills. Whereas, the growing consumption of paper-based products further drives the paper and pulp industry growth, which is likely to propel the Deionization market share globally. As De-ionization is an excellent solution for high purity water needs in paper and pulp industries.

De-Ionization Market Segment Analysis – By Type

Dual Bed Deionizer segment held the largest share of more than 30.1% in the de-ionization market in 2020. In the paper & pulp industry, a huge amount of treated water is required for steam production, pulp preparation, and paper manufacturing. According to PG Paper, a private company report in 2018, the global production for paper is expected to be 490 million tonnes by 2020.

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De-Ionization Market Segment Analysis – By Application

Process Water segment is projected to grow with a CAGR of 6.3% during the forecast period. Processed water is used in a variety of manufacturing processes, including boiler make-up water, cooling tower make-up water, coating & plating, rinsing & spraying, washing, and others. Moreover, the growing uses of the Electrodialysis (ED) or Reverse Osmosis process for treatment of the processed water in dairy industries for disinfecting equipment & vats, for cleaning floors, reconstituted milk, and for boilers & cooling further contribute to the market growth.

De-Ionization Market Segment Analysis – By Geography

Asia-Pacific held the largest share of more than 40% in the De-Ionization market in 2020 followed by North America and Europe. China, India, and Japan are the major contributors to the growth of the De-Ionization market in the APAC region. The electronics sector accounts for 20% to 50% of the total value of exports in most countries in Asia. As per the Indian Brand Equity Foundation (IBEF) report in 2020, electronics manufacturing in India is expected to increase at an annual rate of 30% between 2020-25 and value Rs 11.5 lakh crore (around $ 163.14 billion) during this period. This growth will further boost the demand for the de-ionization market.

De-Ionization Market Drivers

Rapid Industrialization in Emerging Economies is Boosting the Market Growth

Water is widely used across various industry verticals, whether it is raw water, process water, or wastewater. Mostly, water must be treated before entering the process to ensure its quality and properties in order to meet the specifications demanded by the industrial process. In addition, with the industrial water discharge regulations and policies, there is a high demand for solutions for recycling and reuse of wastewater produced. Whereas, the rapid industrialization in emerging economies, such as India, China, Brazil, and the Philippines are driving the market’s growth. According Indian Brand Equity Foundation (IBEF) report, the manufacturing sector in India grew at a CAGR of 5% from 2016-2020 and the manufacturing sector is expected to reach US$ 1 trillion by 2025.

Middle East Region is Driving the Market

Middle-East is one of the driest regions. The region is also experiencing rapid growth in population. For these reasons and others such as poor water management, water is becoming increasingly scarce in the region. The advances in key equipment such as membranes and pumps have turned the process energy efficient, resulting in a low investment cost and low operational cost. Saudi Arabia is the biggest producer of desalinated water where more than 70% of its water needs are satisfied by desalination, which will drive the market’s growth.

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De-Ionization Market Landscape

Major players in the De-Ionization Market are PowerTech Water, Current Water Technologies Inc., Atlantis Technologies, Lenntech, Pure Aqua Inc., WET USA Inc., Nancrede Engineering Co, Inc., Vuronyx Technologies Inc., Vesitech Inc., Evoqua Water Technologies LLC, and others.

Key Take away

North America region is projected to witness significant growth due to the growing demand for De-Ionization systems from the electronics and pharmaceutical industry. Whereas, the US holds the largest share in the region throughout the forecast period.

De-ionization is the convenient and cost-effective water filtration process for producing highly purified water that is generally similar to distilled water. Thus, surging demand for the process that supplies large amounts of highly purified water as needed with less energy-intensive, and more cost-effective drives the demand of DI market.

Growing small and medium scale drinking water production across towns & villages, construction & military camps, nitrate reduction, hotels & hospitals also propel the demand for Electrodialysis (ED), hydrogen ions exchange, and Reverse Osmosis process

Plants treating brackish water can pollute rivers, aquifers, and soil, which can deter the markets growth.

COVID-19 has hindered the market growth due to the en-use industry growth growing at a low rate.

Related Reports :

A. Water Desalination Equipment Market

https://www.industryarc.com/Report/15147/water-desalination-equipment-market.html

B. Ion Exchange Membrane Market

https://www.industryarc.com/Report/15906/ion-exchange-resins-market.html

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Source URL: https://marketersmedia.com/de-ionization-market-size-forecast-to-reach-23-billion-by-2026/89036759

Source: MarketersMedia

Release ID: 89036759