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Showing posts from May, 2024

The Global Furfural Derivatives Market Is Riding Green Chemicals Wave Owing To Growing Environmental Regulations

Furfural Derivatives Market The global furfural derivatives market provides a wide range of industrial and chemical applications for products derived from furfural, an organic chemical compound obtained as a byproduct of processes such as corn cob acid hydrolysis and sugarcane bagasse treatment. Furfural derivatives have advantageous properties like solubility, low toxicity and biodegradability which makes them suitable for use as solvents in industries like pharmaceuticals, petroleum refining, agricultural chemicals and green solvents. The increasing focus on developing bio-based and sustainable alternatives to petroleum-derived chemicals is projected to drive demand for furfural derivatives. The Global Furfural Derivatives Market is estimated to be valued at US$ 13.15 BN in 2024 and is expected to exhibit a CAGR of 7.2% over the forecast period 2024 to 2031. Key Takeaways Key players operating in the global furfural derivatives market are Pyran, Pennakem, LLC, TransFurans Chemical

Consumer Genomics Market is Gaining Insights by Advancement of Direct-to-Consumer Testing

Consumer Genomics Market Consumer genomics enables direct-to-consumer genetic testing through simple DNA collection kits that help provide insights into ancestry, health, traits and other personalized reports. The tests allow consumers to gain valuable insights into genetic predispositions, family history and traits by analyzing their DNA sample without consulting a doctor. Growing interest among individuals to understand inherited conditions, traits and ancestries is driving demand for consumer genomics products. The global consumer genomics market is estimated to be valued at US$ 1.23 billion in 2024 and is expected to exhibit a CAGR of 19% over the forecast period from 2024 to 2031. Key Takeaways Key players: Key players operating in the global consumer genomics market are Ancestry, Gene By Gene, Ltd., 23andMe,Inc., Color Genomics,Inc, Myriad Genetics,Inc, Mapmygenome, Positive Biosciences, Ltd, Futura Genetics, Helix OpCo LLC, MyHeritage Ltd., Pathway Genomics, Veritas, Amgen, Inc.

Topical Corticosteroids Market Trending by Rising Dermatological Diseases

Topical Corticosteroids Market Topical corticosteroids are frequently used topically administered anti-inflammatory medications used to treat various dermatological conditions such as eczema, psoriasis, rashes, poison ivy, and other inflammatory skin disorders on all areas of the skin. They help reduce swelling, itching, and allergic reactions. The benefits of topical corticosteroids include fast relief from skin inflammations, resistance to bacterial and fungal infections, and low risk of systemic side effects. The Global Topical Corticosteroids Market is estimated to be valued at US$ 5.64 Bn in 2024 and is expected to exhibit a CAGR of 8.9% over the forecast period 2024 to 2031. Key Takeaways Key players operating in the Topical Corticosteroids market are Abbott Laboratories, Novartis International AG, Arcellx, Autolus Therapeutics, Kite Pharma, Cellectis, Celyad Oncology, Crescendo Biologics Limited, GammaDelta Therapeutics Ltd., Bio-Rad Laboratories Inc, QIAGEN Inc, Thermo Fishe

Payment Processing Solutions Market is Primed for Growth by Increasing Digital Payments

Payment Processing Solutions Market The payment processing solutions market comprises solutions that enable swift and secure transfer of funds from consumers and businesses to merchants. Payment processing solutions help streamline payment collection, reduce security risks, and enable reconciliation of transactions. The Global Payment Processing Solutions Market is estimated to be valued at US$ 70.37 Bn in 2024 and is expected to exhibit a CAGR of 12% over the forecast period 2024 To 2031. Payment processing enables payment gateway mechanisms that facilitate swift conversion of cash and digital transactions into actionable financial data. It provides tools that help merchants, retailers and enterprises securely accept electronic payments for purchases made online or in-store. Payment processing ensures compliance with industry regulations and maintains transaction history. The rise of digital payment modes such as debit/credit cards, net banking, mobile wallets and digital currencies

Single Photon Emission Computed Tomography Market Poised for Robust Expansion

Single Photon Emission Computed Tomography Market The global Single Photon Emission Computed Tomography (SPECT) market is anticipated to witness high growth owing to increasing prevalence of chronic diseases such as cardiovascular diseases and cancer. SPECT is a nuclear imaging technique which uses gamma cameras and radiotracers to produce three-dimensional images. It finds wide application in neurology, oncology and cardiology for functional molecular imaging and detecting abnormalities in organ functions. The equipment provides high sensitivity scans thereby aiding timely diagnosis. Growing geriatric population prone to health issues and rising awareness about benefits of early disease detection are fueling adoption. The Global Single Photon Emission Computed Tomography Market is estimated to be valued at US$ 3.13 Bn in 2024 and is expected to exhibit a CAGR of 6.5% over the forecast period 2024 to 2031. Key Takeaways Key players operating in the Single Photon Emission Computed Tomog

The Global Medical Spa Market is Trending Towards Preventive Healthcare

Medical Spa Market The global medical spa market overview describes facilities that blend aspects of wellness, beauty, and medicine. They offer non-invasive cosmetic treatments like Botox injections, chemical peels, dermabrasion, microdermabrasion, as well as massages and spa services. This reduces signs of aging and addresses skin conditions. Medical spas are equipped with state-of-the-art technology and employ skilled professionals for treatments. They provide a relaxing environment alternative to surgery centers. The growing demand for preventive healthcare and anti-aging remedies is driving more people toward medical spas for their youthful appearance and well-being. The Global Medical Spa Market is estimated to be valued at US$ 14.53 Bn in 2024 and is expected to exhibit a CAGR of 14% over the forecast period 2024 to 2031. Key Takeaways Key players operating in the global medical spa market include Longevity Wellness Worldwide, The Orchard Wellness Resort, Biovital Medspa, Allure

The Global Bronchodilators Market Is Trending By Rising Respiratory Diseases Prevalence

Bronchodilators Market The global bronchodilators market consists of drugs that help open up constricted or narrowed airways within the lungs. Bronchodilators include beta2-adrenergic receptor agonists and anticholinergics, which help relax the smooth muscle around the bronchial tubes to relieve asthma and chronic obstructive pulmonary disease (COPD) symptoms such as coughing, wheezing, shortness of breath and chest tightness. These drugs are primarily available in inhaler and oral dosage forms for on-demand and preventive treatment regimens. The need for bronchodilators is driven by the growing prevalence of respiratory diseases like asthma and COPD owing to rising air pollution levels, lifestyle changes and growing geriatric population worldwide. The Global Bronchodilators Market is estimated to be valued at US$ 22.85 BN in 2024 and is expected to exhibit a CAGR of 3.7% over the forecast period 2024 To 2031. Key Takeaways Key players operating in the global bronchodilators market are

Sustainable Battery Materials Market to Witness High Growth

Sustainable Battery Materials Market The global sustainable battery materials market is an emerging space involving materials utilized in batteries that have a smaller environmental footprint and are more eco-friendly. Sustainable battery materials such as lithium iron phosphate, lithium nickel manganese cobalt oxide, and lithium titanium oxide that deliver high capacity and energy density are being increasingly used in applications ranging from consumer electronics to electric vehicles. These materials enable lithium-ion batteries to store and deliver energy efficiently while ensuring negligible carbon emissions during the materials sourcing and manufacturing stages. The global sustainable battery materials market is estimated to be valued at US$ 75.95 billion in 2024 and is expected to exhibit a CAGR of 6.2% over the forecast period 2024 to 2031. This high growth can be attributed to the rising demand for lithium-ion batteries from the automotive industry for electric vehicles. Susta

Anesthesia Information Management Systems Market is Anticipated to Witness High Growth

Anesthesia Information Management Systems Market The anesthesia information management systems market is used in healthcare facilities to keep an electronic anesthesia record and helps in centralized data management of patients. The anesthesia information management systems market plays a vital role in maintaining detailed medical records which helps anesthesiologists and clinicians to track patient vitals, lab results and medical history. These systems provides remote access to medical records which helps clinicians to manage operating rooms effectively. The systems also offer drug administration records, billing and inventory management. The global anesthesia information management systems market is estimated to be valued at US$ 477.96 Bn in 2024 and is expected to exhibit a CAGR of 5.8% over the forecast period 2024 to 2031. Key Takeaways Key players operating in the anesthesia information management systems are Koninklijke Philips N.V., GE HealthCare, Drägerwerk AG &am

Global Ambulatory EHR Market is Poised to Grow Substantially owing to Increasing Demand for EHR Solutions

Ambulatory EHR Market Ambulatory electronic health records or EHR refer to a digital record of patient health information generated by clinical facilities such as ambulatory care centers, private clinics, and physician offices. The benefits of ambulatory EHR include increased availability of patient data, less redundant paperwork, enhanced clinical decisions, improved quality of care, and reduced healthcare costs. The growing demand for integrated healthcare systems and patient-centric care along with increasing government initiatives to promote EHR adoption is contributing to the growth of the global ambulatory EHR market. The global ambulatory EHR market is estimated to be valued at US$ 9.98 Bn in 2024 and is expected to exhibit a CAGR of 6.6% over the forecast period 2024 to 2031. Key Takeaways Key players operating in the global ambulatory EHR market are Allscripts Healthcare Solutions Inc., eMDs, Inc., Athenahealth Inc., Oracle Corporation, eClinicalWorks, Epic Systems Corporation

Global Synthetic Polymers Market is Anticipated to Witness High Growth

Synthetic Polymers Market The global synthetic polymers market involves production and sales of man-made polymers that are synthesized from monomers using chemical reactions. Synthetic polymers are extensively used due to their versatility and chemical resistance. They find widespread applications across industries such as automotive, electrical & electronics, packaging, textiles, construction and healthcare. The demand for synthetic polymers is driven by their lightweight, durability, resistance to corrosion and strength properties that make them suitable substitutes for metals and natural materials. The Global synthetic polymers market is estimated to be valued at US$ 35.61 Bn in 2024 and is expected to exhibit a CAGR of 5.2% over the forecast period 2024 to 2031. Key Takeaways Key players operating in the global synthetic polymers market are BASF SE, Alberdingk Boley, 3M, Celanese Corporation, Dow, Asahi Kasei Corporation, Trinseo, Wacker Chemie AG, LG Chem, Lubrizol Corporation

Ingestible Sensors Market is Anticipated to Witness High Growth

Ingestible Sensors Market The global ingestible sensors market is gaining significant traction over the past few years owing to an increase in technological advancements and innovations in healthcare sector. Ingestible sensors which are also called as smart pills, are electronic devices or capsules attached with sensors that can actively measure gut physiology. These sensors monitor various parameters such as body temperature, pH levels, pressure, images etc. once swallowed by the patient. The key advantages of ingestible sensors include non-invasiveness, real-time data monitoring, accuracy and improved patient compliance for treatment. With growing emphasis on preventive healthcare, these ingestible devices assist physicians for disease diagnoses at early stages without requiring surgical procedures. The Global ingestible sensors Market is estimated to be valued at US$ 1,583.2 Mn in 2024 and is expected to exhibit a CAGR of 13% over the forecast period 2024 to 2031. Key Takeaways Key

Temperature Controlled Pharmaceutical Containers Market is Anticipated to Witness High Growth

Temperature Controlled Pharmaceutical Containers Market Temperature controlled pharmaceutical containers are used for storing and transportation of temperature sensitive pharmaceutical products such as vaccines, insulin, biologics and others. These containers help in maintaining ideal temperature conditions for pharmaceuticals during storage and transportation and prevent their degradation. The growing healthcare industry and increasing demand for temperature sensitive drugs drives the need for reliable temperature controlled pharmaceutical containers. Advancement in material science has led to the development of innovative insulation materials used in temperature controlled pharmaceutical containers that provide efficient thermal protection. The Global Temperature Controlled Pharmaceutical Containers Market is estimated to be valued at US$ 10.26 Bn in 2024 and is expected to exhibit a CAGR of 10% over the forecast period 2024 to 2031. Key Takeaways Key players operating in the Tempera

Rails to Resilience: Strategies Driving Growth in the Railway Coatings Market

Railway Coatings Market Railway coatings play a critical role in protecting rail infrastructure against corrosion, abrasion, and weathering, thereby extending the lifespan of railway assets and enhancing operational efficiency. The Railway Coatings Market encompasses a diverse range of coatings specifically formulated to meet the unique requirements of rail applications, including coatings for rolling stock, track components, bridges, and stations. As the global rail industry continues to expand and modernize, the demand for high-performance coatings that offer durability, safety, and environmental sustainability is on the rise. The railway coatings market was valued at  US$ 2,334.2 Mn in 2024 , and is expected to exhibit a  CAGR of 5.2% , in terms of revenue, over the forecast period  2024-2031  to reach  US$ 3,497.6 Mn by 2031 . Key Takeaways: The Railway Coatings Market is witnessing steady growth, driven by various factors such as infrastructure development projects, increasing inv