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Showing posts from June, 2021

Asia Pacific is expected to Witness the Fastest Growth in the Global Hospital Beds Market

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  Scope of Hospital Beds Market A hospital bed is a unique type of bed that may be changed to increase the ends of the head, foot, or middle position as needed. It's a bed with raised or lowered side rails, and the mattress's base is divided into three connecting portions so that the patient's head, feet, or middle can be lifted by a crank or a motor, allowing them to lie down in various postures such as treatment aid or comfort. Patients benefit from hospital beds because they allow users to modify the position of the bed, allowing them to transfer the pressure that the bed exerts from one part of the body to another, reducing the chance of bedsores. Patients may easily be transferred from one bed to another, and patients can be lifted higher or lower while getting in and out of the bed. A hospital bed is one of the most efficient beds for somebody with limited mobility. Furthermore, they aren't just used in hospitals.They can be used at home if a family member becomes...

From 2017 to 2023, the global oilfield chemicals market is expected to increase at a CAGR of 5.2 percent

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        The real test for the oil business will be how quickly it can adapt to the numerous opportunities that "gas and renewable" technology will present. While oil consumption is gradually declining as more renewables and gas technologies are adopted, oil businesses must keep up with technological advancements and innovate to stay competitive and keep the fuel flowing. Oilfield Chemicals Market Overview: From 2017 to 2023, the global oilfield chemicals market is expected to increase at a CAGR of 5.2 percent to reach $59,925 million, up from $41,667 million in 2016. Chemical components used in oil and gas extraction activities are known as oilfield chemicals. These are utilized in well drilling and production facilities to improve the productivity and efficiency of the extraction processes.These are utilized in well drilling and production facilities to improve extraction operations by increasing the productivity and efficiency of the oil drilling and petroleum re...

Continuous Glucose Monitoring (CGM) Devices Market -Dynamics and Forecast

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CGM (Continuous Glucose Monitoring) technology allows you to monitor your glucose levels 24 hours a day using a sensor that delivers the data to a MiniMed insulin pump. However, these devices also aid in diabetes management by lowering individual insulin dosages. These gadgets' integrated software provides users with information about food consumption, medication, physical activity, and ailments.  As a result, an increasing number of diabetic patients are relying on these devices to control and treat their condition, propelling market growth. A growing number of continuous glucose monitoring devices are being integrated with apps and software to treat people with diabetes mellitus, thanks to the development of digital medicines.The rising prevalence of diabetes mellitus has boosted the market for continuous glucose monitoring (CGM) devices. The Continuous Glucose Monitoring (CGM) Market is estimated to develop at a CAGR of 14% over the forecast period. High blood glucose levels oc...

Warranty Management System Market is predicted to grow at a CAGR of 13.8 percent from 2021 to 2026

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  Companies have historically seen warranty management as a cost of doing business. Warranty management costs were determined to be between 4 and 5 percent of the company's total sales income per year, and were regarded a cost of giving customer happiness as well as an opportunity to create customer relationships. However, many firms have understood the underlying value that may be realised in this sector in recent years. Warranty Management is now viewed as a distinct revenue stream. Over time, the Warranty Management method has evolved. Benchmarking best practises has resulted in a decrease in the cost of service delivery of components, as well as an improvement in customer satisfaction and an increase in revenue. : Segmentation: Type (On-premise, Cloud), Software Type (Warranty Intelligence, Claim Management, Service Contract, Administration Management), Component (Solutions, Services), End-user Industry (Industrial Equipment, Automotive and Transportation, Consumer Durables, Co...

Epileptic Seizures Treatment Market-Scope , Analysis and Size

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  Market Analysis and Insights: Global Epilepsy SeizuresTreatment Market In the projected period of 2021 to 2028, the epilepsy seizures treatment market is expected to increase. According to research, the market is predicted to develop at a CAGR of 6.15 percent from 2021 to 2028, with a total value of USD 7.29 billion. The government's initiatives, as well as advances in pharmaceuticals and treatments all around the world, are accelerating the expansion of the industry. Epilepsy is a persistent neurological condition that causes uncontrollable seizures. Seizures that occur without warning are common in epilepsy sufferers. These seizures could be the result of a traumatic event or a previous brain injury, but the true reasons remain unknown. The ailment affects both children and adults, although the elderly are at a higher risk of contracting it. The epilepsy treatment market is being driven by a rise in the incidence of accidents and brain injuries, as well as a high rate of post-...

Some insights on Global Capacitive Sensor Market

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A capacitive sensor is a non-contact device that detects the presence or absence of an object without touching it. They are low-cost, non-directional sensors that are used to detect metallic and non-metallic items without touching them. Flow, level, pressure, linear position, angle position, and other parameters are all measured using capacitive sensor technology.  A capacitive sensor is a non-contact device that can detect the presence or absence of an object without touching it. They are non-directional, low-cost sensors that are utilized for non-contact detection of metallic and non-metallic items. Flow, level, pressure, linear position, angle position, and other variables are all measured using capacitive sensor technology furthermore , during the projection period, rising demand for consumer electronics such as mobile devices, tablets, smartphones, and keypads is expected to propel market expansion. These sensors have a high level of precision, stability, and sensitivity. The ...

Trends, strategies and overview on Softgel Capsule Market

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Growing Demand from Health-Conscious Consumers :  Professional athletes and weightlifters are no longer the only ones who follow sports nutrition. Global events, marathons, gym-goers, and games have all put sports in the spotlight and increased interest in fitness and body image has prompted corporations to reinvent themselves as providers of healthy lifestyle products. Consumers' growing interest in health awareness is expected to outnumber and overwhelm professional athletes. As a result, stores are dedicating more shelf space to sports nutrition. This allows sport supplement makers to market sports nutrition products in an oral dosage type - soft gel capsules – to a large and diverse consumer base throughout the world. Adoption of Novel Technologies by Manufacturers to Drive Demand : Manufacturers are attempting to develop innovative empty soft gel capsules that are more adaptable and convenient for uses in the pharmaceutical, nutraceutical, and cosmeceutical industries . Becaus...

Global Infant Formula Market-CAGR of nearly 9% over the forecast period (2021 - 2026).

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During the period 2021-2025, the worldwide infant formula market is expected to increase at an annual rate of 8%. The market is expected to be worth US$93.33 billion in 2025. Increased female labor participation, an increase in the middle-class population, and an increase in e-commerce sales have all aided growth in the worldwide infant formula business. A decreasing fertility rate and stringent regulations are projected to stifle market expansion. The market, on the other hand, is expected to rise as a result of important trends such as increased awareness about feeding baby foods and increased acceptance of probiotics in infant formula. The infant formula market was worth around USD 79,416 million in 2020, and it is predicted to grow to USD 132,352 million by 2026, a CAGR of nearly 9% over the forecast period (2021 - 2026). The increased number of instances of COVID–19 is projected to have a short-term detrimental influence on the nutrition sector's export-import trade. The nut...

Vital Signs Monitoring Devices Market to grow at an annual rate of 8.5% by 2030

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  Wearable Health Devices (WHDs) are a new type of device that allows for continuous ambulatory monitoring of human vital signs in everyday life (at work, at home, during sports activities, etc.) or in a clinical setting, with the benefit of minimizing discomfort and interference with normal human activities. WHDs allow for ambulatory vital signs and health status monitoring for longer periods of time (days/weeks) and outside of clinical settings. This function enables the collection of crucial data during various daily activities, allowing for improved medical diagnosis and/or aiding in quicker and faster recovery after a medical intervention or bodily harm. The growing use of vital signs monitoring devices by doctors for the measurement of vital signs in hospitalized patients has piqued market participants' interest. Nonetheless, manufacturers' continued focus on creating innovative vital signs monitoring devices is projected to drive market growth during the projection peri...

Phlebotomy Tubes Market - Dynamics , Driver and Restraint

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Phlebotomy tubes are sterilized plastic or glass tubes that are used to collect blood, urine, and serum samples from patients in order to diagnose blood diseases. Phlebotomy tubes include sodium heparin tubes, serum separating tubes, vacutainer blood collection tubes, plasma separation tubes, and EDTA tubes, among others. The Phlebotomy Tubes Market  is expected to grow at a CAGR of 6.0 percent between 2020 and 2025, from USD 4.8 billion in 2020 to USD 6.4 billion in 2025. The rising frequency of infectious diseases, the rising number of accidents and trauma cases, the advent of liquid biopsy tests, and a demand for blood donations and blood transfusions are all important drivers driving the growth of this market. BLOOD COLLECTION DEVICES Market Dynamics Driver: Increasing chronic & lifestyle diseases The global burden of chronic diseases is rapidly rising. Cardiovascular disease is responsible for about half of all chronic disease deaths (CVD). According to the American Heart ...

Impact of covid-19 on Cured-in-place Pipe (CIPP) Market

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Cured-in-place pipe (CIPP) is one of the trenchless (or no-dig) pipeline rehabilitation techniques. It is a non-invasive, jointless, seamless pipe-within-a-pipe that is used for sewer, industrial gas, potable water, and gravity pipe rehabilitation. It can be done inside a pipe with a diameter ranging from 6” to 120” in diameter. Traffic, job productivity, and individuals at home are all affected minimally by this trenchless pipe rehabilitation technology. Municipalities or utilities install it by gaining access to piping systems through city manholes. Manufacturing of CIPP liners must adhere to a number of requirements set forth by ASTM, as well as emission limits set out by other regulatory agencies such as OSHA. Insituform Technologies, Inc. developed the CIPP technique in 1971, with the first project taking place in London, United Kingdom. Since then, the market's global penetration has continued to grow at an exponential rate. The CIPP technique is already widely used in develo...

The Global Artificial Joints Market forecast by 2027

From USD 19.32 billion in 2019, the Global Artificial Joints Market is expected to grow at a CAGR of 6%, generating USD 27.97 billion in sales by 2027. Globally, the rising occurrences of age-related musculoskeletal ailments are driving market expansion.  Osteoarthritis, fractures, joint infections, and osteoporosis are among the most frequent musculoskeletal problems in the elderly. A joint replacement is a surgical process in which components of a damaged or arthritic joint are removed and replaced with a prosthesis, which is a plastic, ceramic, or metal device that mimics the movement of a normal, healthy human joint.  By 2027, the artificial joints market will benefit from an increase in the senior population, as well as an increase in the incidence and prevalence of chronic arthritis. According to the Centers for Disease Control and Prevention, arthritis will affect almost 67.1 million Americans over the age of 18 by 2030.  By 2050, the World Health Organization pr...

Global Kidney Stone Management Devices Market to Reach $1.6 Billion by 2027

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Kidney stones can develop in either one or both of the kidneys. According to the National Health Service, it can afflict persons between the ages of 30 and 60. (NHS). According to the NHS, three out of every twenty males and two out of every twenty women in the world suffer from kidney stones each year.  According to the National Health and Nutrition Examination Survey (NHANES) published in 2012, kidney stones were present in 10.6% of men and 7.1 percent of women. Despite the COVID-19 controversy, the global market for Kidney Stone Management Devices , which was anticipated to be worth US$1.3 billion in 2020, is expected to increase to US$1.6 billion by 2027, with a CAGR of 3% throughout the analysis period. Extracorporeal Shock Wave Lithotripsy, one of the report's segments, is expected to grow at a 1.1 percent CAGR over the next five years, reaching US$522.3 million by the conclusion of the study period. Following an early assessment of the pandemic's business effects and th...