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Showing posts from February, 2021

High demand for crude oil to bring profitable opportunities for the petroleum resins market

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  Petroleum Resins is usually prepared from crude oil, natural gas, kerosene, or other crude oil products with specific additives for specific applications. Petroleum resins can be prepared as a solid, liquid, or gaseous and are extensively used in a wide range of industries such as petrochemical, chemical, transportation, power generation, chemicals, petroleum exploration, and plastics production. Rapid growth in the end-use industries such as personal hygiene, building & construction, automotive, and tire is driving the growth of the petroleum resins market. These resins are widely used across various applications such as rubber compounding, printing inks, paints & coatings, adhesives & sealants, and other applications is again expected to foster the growth of the petroleum resins market . Growing demand for crude oil is also estimated to augment the growth of the market. Energy Information Administration estimates that U.S. crude oil production will average 11.0 millio

Increasing number of surgeries is predominantly escalating the growth of the patient temperature management systems market

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  Patient temperature management systems provide effective and efficient temperature management. This is important to not only keep the patients comfortable but also to save time, resources, and money. The introduction of temperature sensors into the facility has made all the difference in the world for temperature monitoring. These systems allow the doctor to take the temperature of the patient before they begin their procedure and even throughout the procedure if necessary. A growing number of surgeries around the globe is one of the prominent factors fueling the growth of the patient temperature management systems market . The use of such systems helps in minimizing pre-and post-surgical complications to the patient. Moreover, the growing prevalence of cardiovascular devices is driving demand for warming and cooling devices. This is again propelling the growth of the patient temperature management systems market. According to the World Health Organization, CVDs are the number 1 ca

The Global Optometry Equipment Market Continues To Grow Owing To the Increasing Rate of Eye-Related Issues Such As Glaucoma and Diabetic Retinopathy Along With the Rapid Growth of the Geriatric Population

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  Optometry equipment is one of the most essential and important healthcare devices. An optometrist plays a very vital role in providing care to patients with visual problems. For this reason, it becomes very important for an optometrist to purchase all sorts of optometry equipment for them. In the present time, one of the most effective ways to ensure the patient's safety is through using state-of-art computerized optometry equipment. The computerized optometry equipment ensures that patients do not face any eye injuries while they are under treatment by the optometrist. Optometric computerized tracking systems and other related computerized optometry equipment are being widely used in optometry practice. The system enables the optometrists to track the movements of the eyeballs during eye exercise and thus identify eye problems at early stages. These computerized optometry equipment help in reducing patient discomfort and eyestrain. The most common problem associated with optomet

Increasing demand for better and high-performance electronic devices is driving the growth of the discrete diodes market

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  Discrete Diodes are used for a variety of purposes and are used in many different applications, but they are most commonly used to protect confidential information such as financial and personal data. They are also used for authentication at the front end of networks such as ATMs and point of sale terminals and can prevent hacking or tampering with the data that is being passed between systems. Most devices that are discrete consist of an IC built into a circuit that produces the signal required to unlock the door or screen of a lock or other protected device. Growing demand for the product from end-user industries such as automobile, communication, and electronic industries is propelling the growth of the discrete diodes market. Expanding the consumer electronic market is one of the key factors supporting the growth of the discrete diodes market . Also, increasing demand for better and high-performance electronic devices is again fostering the growth of the market. This encouragin

Rising prevalence of conjunctivitis is propelling the growth of the viral conjunctivitis drugs market

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  The most commonly used viral conjunctivitis drugs are antibiotics. These drugs, including amikacin, doxycycline, and gentamycin are effective in the treatment of this condition.   Doxycycline can cause nausea, vomiting, diarrhea, dizziness, hives, and even bleeding, and these effects can be severe if they persist for a long time. Gentamycin, on the other hand, causes diarrhea and produces thin discharge from the nose. The growing prevalence of conjunctivitis or pink eye is a key factor fueling the growth of the viral conjunctivitis drugs market. Conjunctivitis drugs are used to treat inflammation or swelling of the conjunctiva. A rise in hygiene and awareness coupled with the increasing healthcare expenditure is also propelling the growth of viral conjunctivitis drugs. According to the World Health Organization, global spending on health continues to rise. It was US$ 7.8 trillion in 2017 or about 10% of GDP and $1,080 per capita – up from US$ 7.6 trillion in 2016. The increasing ge

High prevalence of gastroesophageal reflux disease (GERD) to foster the growth of the ranitidine market

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  Ranitidine, an anti-platelet drug, is the second most popular choice among diabetics to lower blood sugar. The main properties of Ranitidine are its glycoside bound trimethylester, trihalomethanes (THMs), and its suppression of platelet activity. It was first introduced in the United States in 1981 and is now available throughout the world. Ranitidine (also known as Niaspan) is most useful for treating gastric ulcers and conditions such as gastritis, cholecystitis, and duodenal ulcers caused by Helicobacter pylori infection. Ranitidine has a faster onset of action than that of metformin, a commonly prescribed ulcer drug. The growing prevalence of high prevalence of gastroesophageal reflux disease (GERD) and stomach ulcers is propelling the growth of the ranitidine market. According to the National Center for Biotechnology Information, in the United States, peptic ulcer disease affects approximately 4.6 million people annually, with an estimated 10% of the US population having evidenc

Shifting consumer preferences towards self-medication is propelling the growth of the counter drugs market

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  Over-the-counter drugs are drugs sold directly to a customer without a need for a doctor's prescription, rather than a pharmacy, as opposed to over-the-counter medication, which can be supplied only to medical users possessing a valid prescription. There are various types of over-the-counter medication to aid in the treatment of a number of different health ailments and conditions. Commonly prescribed medications that are sold without prescriptions include cold remedies, pain relievers, antihistamines, contraceptive pills, and cancer medications. Over-the-counter drugs act as a temporary means to relieve pain, provide relief for individuals who are experiencing a cold or flu and can assist individuals with allergies and other health conditions.   The growing tendency of self-medication is predominantly fueling the growth of the over-the-counter Drugs market. According to the Med J DY Patil Vidyapeeth studies, India showed the prevalence of self-medication as 37% in urban area

Growing Adoption of Cloud Backup Solutions and Services to Augment Growth of the Cloud Backup Market

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  A virtual backup service, cloud backup (also known as remote backup or online backup), is a program that provides computer users with an automated system for the storage, backup, and retrieval of their data. Cloud backup can be used to create, edit, manage, and restore data. Cloud backup offers several advantages over traditional methods, such as data availability at remote locations, user-friendly technology, real-time data accessibility, low cost of implementation, etc. It widely finds its application in telecommunication, healthcare, and many other sectors. Market Dynamics: Growing adoption of cloud backup solution and services due to huge volume of data generation is expected to propel the growth of the cloud backup market. For instance, in February 2021, IDrive launched a new service called ZipDrive which allows users to create their own personal edge cloud to access, stream, edit, and share their local files from anywhere. Moreover, increasing demand for cloud-based servi

Increasing Adoption of Microturbines and Launch of Products with Flexible Power Source to Augment Growth of Microturbine Systems Market

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  Microturbine systems are generally scaled-down versions of turbine engines. These systems come in many varieties. Microturbines provide both utility and military applications and are highly adaptable. They are typically small enough to fit in a vehicle's chassis or can be mounted on a building's roof. They can operate with a variety of fuels, can sense the wind and vary the blade speeds to alter the speed of the rotor's rotors. Applications of microturbines include, industrial (mining, oil & gas, wastewater plants, and land rigs) and commercial sector (hotels, office buildings, schools, sports centers, supermarkets, swimming pools, and hospitals). Market Dynamics             Increasing adoption of microturbines is expected to propel growth of the global microturbine systems market. For instance, in February 2021, Capstone Turbine Corporation announced that Cal Microturbine, Capstone's exclusive distributor for California, Hawaii & Nevada and nonexclusive f

Increasing Prevalence of Cardiovascular Diseases to Augment Growth of Acute Heart Failure (AHF) Therapeutics Market

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  Acute heart failure is a medical emergency that involves sudden, permanent cessation of cardiac function (also called ventricular fibrillation). Acute heart failure most often develops due to a rupture or leaky blood vessel somewhere in the heart. This can happen either at the heart site itself, such as at the coronary artery, or at the lung level, such as at the aortic valve. As a result of the rupture, blood is pooling at the heart site and the blood flow is markedly reduced. As this pooling continues, blood pressure drops causing a decrease in cardiac output and, as the problem worsens, shock and death occur. Market Dynamics Increasing prevalence of cardiovascular diseases is expected to propel growth of the global acute heart failure (AHF) therapeutics market. For instance, according to the American Heart Association's Heart and Stroke Statistics 2020 Update, by 2035, 45.1% of the U.S population is projected to have some form of cardiovascular disease. Moreover, increasin

The Emergence of COVID-19 to Augment Growth of the Palliative Care Market

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  Palliative care is a generic term for non-medical care giving that focuses on improving quality of life and alleviating suffering among individuals with life-threatening, incurable medical conditions. It includes not only basic nursing care but also psychiatric services, pain management, pharmacological therapy, and psychosocial services. Many people often opt for this form of treatment because it offers them hope for a better recovery. Palliative care often becomes the only option for terminal patients who are too ill to receive any medical treatment or who need specialized therapies. Palliative care teams specialize in treating people suffering from serious diseases such as cancer, Parkinson’s, Alzheimer’s, Amyotrophic Lateral Sclerosis, kidney disease, chronic obstructive pulmonary disease, congestive heart failure, and others. Market Dynamics: Increasing prevalence of chronic illnesses and the growing geriatric population worldwide is expected to propel the growth of the pa

Increasing Prevalence of Cardiovascular Diseases to Augment the Natural Biomaterials Market Growth

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  Biomaterials can be classified into two main groups, such as natural and synthetic biomaterials. Natural biomaterial can be any material taken from plants or animals and can be used to augment, replace, or repair body tissues and organs. Each of these types has given rise to applications in specialty areas, ranging from neurology to plastic surgery. Natural biomaterials offer various advantages over synthetic biomaterials. Therefore, these biomaterials are usually applied in the repair or replacement of damaged human tissues and organs. Market Dynamics: Increasing prevalence of cardiovascular diseases, cancer, rheumatoid arthritis, osteoarthritis, and sports injuries is expected to propel the growth of the natural biomaterials market . For instance, chronic diseases such as cancer and heart disease are the leading causes of death and disability in the United States, according to the Centers for Disease Control and Prevention (CDC). Moreover, according to Johns Hopkins Medicine, i

The Global Janus Kinase Inhibitor Market Continues To Grow Owing To the Increased Demand from Healthcare Organizations to Treat Conditions Such As SLE and Increasing Investment in the R&D Sector

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  Janus Kinase Inhibitor is one of the most promising newly-developed anti-neurotransmitter drugs that is developed for treating diseases that involve the neuroendocrine system, the pituitary gland, and other glands and organ systems. The drug specifically affects the production of neuropeptide Y, a chemical neurotransmitter in the brain that is involved in regulating mood, anxiety, and sexuality. Janus Kinase Inhibitor works by inhibiting the action of one or perhaps more of the family of neurotransmitters, thereby interfering with the neurotransmitter signaling pathway. Neurotransmitters are chemical messages sent from one nerve cell to another, which typically include dopamine, epinephrine, norepinephrine, and serotonin. When these neurotransmitters are broken down by Janus Kinase Inhibitor, the brain does not receive the neurotransmitter message that it normally needs for normal functioning. This is believed to underlie the depression, anxiety, and mood disorders that many of the

The Global Bidet Seat Market Continues To Grow Owing To the Demand Coming From Individuals for Maintaining Personal Health and Hygiene and the Environmental Friendliness of the Product

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  A bidet seat can replace the old toilet seat, by attaching to the tub with a hose. It draws water from the toilet's supply line to a nearby shower head or sink and power from a separate outlet. Many people who have bidet seats will attest to how much better their health has become since they made the switch from using toilet paper to using a bidet seat. The majority of these seats have a nozzle on one end that allows the user to spray water directly at the genital area. They can adjust the nozzle so it is exactly on target, and it is important to get the right level of water pressure. Some units have a button on the side that users can push to start the water flow, and others have a remote control on the side that is used to set the level of water pressure as needed. Some of these models are electronic and have a timer or similar feature to mechanically start the flow of water at pre-set times during the day. These types are recommended for people who tend to be more sensitive

Expanding food industry due to increasing spending by consumers is propelling the growth of the ginseng market

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  One of the most popular and effective traditional Chinese medicinal herbs is Ginseng (Panax quinquefolium). It has been used to improve mental alertness and general well-being by the Chinese for several thousands of years. Ginseng is now considered to be one of the best alternatives to the often dangerous and ineffective prescription drugs. Studies have found that Panax ginseng works by increasing the number of oxygen radicals, which cause the body to attack inflammation-causing cells; increase ginsenoside levels, (which directly increases the activity of anti-inflammatory genes) and reduce the number of inflammatory genes. Growing awareness regarding plant-based products around the globe is a key factor driving the growth of the ginseng market. Increasing demand for the product from the Pharmaceutical, food, and beverages, and personal care industries is also supporting the growth of the market. Thus expanding cosmetic and personal care industry due to increasing hygiene awareness

Rapid growth in the infrastructure industry is augmenting the growth of the geosynthetics market

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  Geosynthetics have been around for quite a while. Geosynthetics can be broadly categorized into eight main categories: hemodialysis, hydrotherapy, metallurgy, soil science, thermodynamics, fluid science, environmental science, and biotechnology. The first two categories are broadly useful in providing information on soil fertility and other application areas. Geodialysis is basically a science that studies the condition and quality of the soil. Hydrotherapy uses the knowledge of how water and other fluids interact with soil to deliver benefits to farmers, industry, and other consumers. And metallurgy deals with the design, production, and supply of various metals. Increasing construction activities around the globe is driving the growth of the geosynthetics market . The growing application of geosynthetics for controlling erosion is also anticipated to foster the growth of the market. According to the Agriculture at a Crossroads, the European Union is losing 970 million tons of soi

Aging Nuclear Power Plants to Augment the Nuclear Decommissioning Services Market Growth

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  Nuclear Decommissioning is a process by which a commercial nuclear power plant or nuclear energy facility is dismantled so that it does not require ongoing safeguards for radiation safety. The process of dismantling can either be done manually or by robotics depending on the complexity of the task. A large portion of the budget allotted for managing waste is for the clean-up and decontamination of the site following the dismantling process. It is therefore important that there is greater decay of nuclear waste to prevent contamination. Market Dynamics: Rising risk and security concerns about nuclear decommissioning services are one of the major factors expected to propel the growth of the nuclear decommissioning services market. For instance, in February 2021, the United Kingdom and Japan collaborated to work on safer automated ways to deal with nuclear waste. The project, named LongOps, aims to use long-reach robotic arms for faster and safer decommissioning of reactors in Fukus

Growing need for preserving wildlife is fueling the growth of the native grass seeds market

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  Native grass seeds are the perfect solution for everyone who would like to improve their landscape. They provide an endless amount of landscape improvement ideas, from borders, meadows, and more. These grass seeds can also be used for your vegetable garden and flower garden if you so desire. However, before you plant your native grass seeds, you need to know a little bit more about the grass itself. These native grasses were originally used in America as a natural, renewable resource, as they grow extremely fast and have a very low rate of diseases. However, over time, they became highly susceptible to disease, which then diminished their productivity. Fortunately, modern hybrid grasses have been created that are more tolerant of different types of diseases, which has allowed many native grass species to flourish in much larger areas than they could previously. Hybrid grasses also make use of modern technology that enables them to withstand drought and heat much better than their o

Increasing Prevalence of Chronic Diseases to Augment the Hospital Pharmaceuticals Market Growth

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  Hospital pharmaceuticals consist of medicines purchased for hospitals, healthcare centers to be administered to patients during hospitalization. Hospital pharmaceuticals include therapeutic and critical care drugs applied in infections, neurology, urology, cardiology, hematology, dermatology, respiratory system, musculoskeletal system, sensory organs, alimentary tract and metabolism, and other. The primary responsibility of hospital pharmacy is procurement, storage and selling of medications. Market Dynamics: Increasing incidence or prevalence of chronic diseases across the world, especially in the North America, is expected to propel the growth of the hospital pharmaceuticals market. For instance, chronic diseases such as diabetes, cancer, and heart disease, are the leading causes of death and disability in the United States, according to the Centers for Disease Control and Prevention (CDC). They are also leading drivers of the nation's $3.8 trillion in annual health care co