Market Research Blogs

Phenolic resins, manufactured from phenols and formaldehyde, are lightweight resins that serve a vast range of applications in the automotive, construction and electronics industries. The recent shift in trend towards sustainable solutions has encouraged product demand since its highly insulative properties allow for better building & energy efficiency in the global market.

Patients with complicated congenital heart defects are primarily subjected to various open-heart surgeries, which come with huge morbidity rate and incremental risks. The growing demand for less invasive heart valve replacement surgeries is one of the pivotal factors that is driving more investment and technological advancement in this market.

Globally, recent commercialization & expected launch of the targeted-therapy agents in the market, rising incidence of non-small cell lung cancer (NSCLC) due to increasing pollution, and growing adoption of newer agents during the forecast period are likely to drive the market over the coming years.

Skin care diseases are growing to a large extent throughout the world with rise in pollution and ultraviolet rays. Psoriasis and eczema are considered as one of the major concerns pertaining to skin diseases. Acne is also another skin related problem, which disturbs the esthetic appeal of people, especially women. In order to combat such skin disorders, major companies are engaging into the manufacturing of technologically advanced products through phototherapy treatment. 

Although pregnancy was rife with many risks during earlier times, it has evolved to become a less-complicated procedure due to the advent of modern medicines & technological equipment. Developing countries are overcoming problems such as illiteracy, inadequate infrastructure, and inefficient transport system to reduce the existing high maternal and neonatal morbidity and mortality rates.

Increasing geriatric population, changing lifestyle, and an increase in patients suffering from Peripheral Artery Disease (PAD) are some of the major drivers of the atherectomy devices market. Continuous clinical trials to introduce and identify optimal interventions for treating PAD is another factor that can be attributed to the growth over the coming years.

The wafer and IC shipping & handling market is expected to witness significant growth over the forecast period on account of the increasing demand for integrated circuit (IC) chips in communication systems and automotive & consumer electronics. In addition, the rising demand for ICs is expected to augment the demand for silicon wafers, which in turn is likely to drive the shipping & handling products market.

Reflective materials are made up of tiny glass beads embedded on the surface. Each bead is a rounded mirror that shines back directly to its source irrespective of the angle which the light shines. These materials are made up of a vast number of optically qualified glass beads which are about the three-fourth size of a human hair, encapsulated lenses or micro prisms.

Antibodies, also known as immunoglobulins, are Y-shaped proteins that are produced by plasma cells to protect the body from pathogens such as viruses and bacteria. There are two main types of antibodies namely polyclonal and monoclonal; and five classes of antibodies including IgG, IgM, IgD, IgA, and IgE.

Research data suggests that medical imaging technologies will play a key role in the future of medical diagnostics and therapeutics. Especially, developing economies are expected to lead the demand for medical imaging technologies for efficient treatment and diagnostics of diseases. 

Growing demand for flavors & fragrances for use in food & beverages and rising demand for natural personal care products possessing various aroma compounds and essential oils are expected to foster the market growth.

Algae are grown in aquatic environments which include marine, fresh, or brackish water and they are a form of microscopic plants. Algae oil obtained from the cultivation and harvesting of algae is used as intermediate for various applications which include biofuel, food & beverage, dietary supplement, and animal feed.

Some of the most common applications of flow cytometry include immunophenotyping, cell sorting, cell proliferation assays, and intracellular calcium flux. The associated advantages with its usage such as user friendliness, specialized research & clinical applications, and fluorescence capabilities are anticipated to drive the market growth over the forecast period.

Utilizing local agents to achieve hemostasis represents traditional methods of surgery. However, the development of new materials in chemical hemostasis with new chemical properties, mechanisms of action, and applications has replaced traditional surgical procedures. 

“Healthy livelihood” has emerged as a key societal trend not only in the U.S. but also worldwide. This has changed the consumer perception towards the natural, healthy, and side effect-free substances across a wide range of end-use products, ranging from food & beverage, personal care & cosmetics, homecare, paints & coatings, pharmaceutical or any other industrial processed products.

Clinical chemical analyzers include increasing use of devices and reagents for the measurement of varying levels of sugars, proteins, and other components in the blood. Clinical chemistry testing is carried out to detect disease and its stage of progression. In addition, they help accurately determine condition and state of clinical functions, such as liver function, kidney function, nutrition levels, and others.

Antipsychotic drugs are widely used for treatment of psychotic disorders and other mental illnesses. Psychotic disorders involve conditions such as schizophrenia; different types of bipolar disorders, such as anxiety or mania; major unipolar disorder; dementia; and other mental diseases. 

Oligopolistic nature of most medical device markets coupled with increasing buyer awareness levels has forced manufacturers to adhere to business strategies involving constant R&D investments and new product innovations. These endeavors significantly increase expenditure levels and medical device OEMs are therefore, rapidly adhering to subcontracting as an effective cost curbing tool.

Orthopedic navigation system finds application in the spine, hip, and knee surgeries. Spine surgery navigation system is used for placing implants in spinal fusion procedure to treat defects caused by deformity, degenerative disc diseases, fractures, spondylolisthesis, and spinal stenosis. 

The octadecanedioic acid (ODDA) market has been observing constant growth across the world owing to its extensive use in the fabrication of polyester polyols, cosmetics, powder coatings, and lubricating oils sector. The preference for organic and ecological products as a strategy to reduce reliance on petrochemical derivatives has played a substantial role in encouraging ODDA market growth.