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The demand for thermal conductive additives is expected grow owing to the growing adoption of thermoplastics across various applications including electrical/electronics, automotive, lighting, medical devices, and industrial machinery. Rapid demand for thermoplastics owing to their lightweight, excellent impact strength, low cost, moldability, and easy customization is project to have a positive impact on the product...Read More »
The global UV stabilized thermoplastic elastomer market is expected to witness high growth rates in the forecast period of 2021 to 2028. This growth can be attributed to strong demand of the material in construction and automotive industry mainly in the exterior applications since it protects the structure from being faded or discoloration. Plastics used in exterior applications are subject to strong weather fluctuations and henceforth require protection from...Read More »
The global UV stabilized thermoplastic elastomer for automotive market is anticipated to grow at a significant rate in the projected time owing to the rise in demand from the electric vehicle segment. Thermoplastic elastomers (TPEs) are widely used in the automobile industry for their impact resistance and enhanced strength, especially in high-end vehicle manufacturing. Increased sales of automotive both in the conventional and the electric vehicle segment is expected to boost the demand for the...Read More »
The global electromagnetic and radio frequency interference coating for electric vehicles market growth is attributable to the accelerating production of Electric Vehicles (EVs) worldwide. Rising concerns about harmful emissions from internal combustion vehicles have compelled various economies worldwide to adopt and boost EV production. Electronic devices and technologies such as Bluetooth, Wi-Fi, and IOT rely on radio frequencies that can interfere with each other and cause unwanted electromagnetic...Read More »
The global electromagnetic and radio frequency interference coating market growth is attributable to the challenges associated with electromagnetic and radio frequency interference (EMI/RFI) in electronic and related devices, which affect their performance. The existing environment is prone to EMI/RFI as cellphone, WIFI transmitters, and radios infuse space with different types of signals. Additionally, there are many sources for radio noise including electrical processes in the atmosphere such lightening, thermal noise made by receiver circuits and manmade...Read More »
The global thermal conductive polymer materials market is estimated to witness significant growth over the forecast period on account of the rising demand from various end-use industries including electrical & electronics, automotive, healthcare, and aerospace & defense. Furthermore, increasing penetration of polymers or plastics owing to rising urbanization and industrialization is expected to have a positive impact on the thermal conductive polymer materials market...Read More »
The global water treatment as a service market is projected to grow at lucrative pace over the coming years. Growing need to dispose municipal and industrial wastewater along with rising need to provide access to clean water are projected to remain key contributors to the market growth. As per the United Nations, over 40% of shortfall in freshwater is expected by 2030, this coupled with rising population can lead to global water crisis in the future. Also, nearly 2.2 billion of global population currently need access to safely managed drinking...Read More »
The global plastic injection molding outsourcing services market is estimated to witness significant growth over the forecast period on account of the ability of contract manufacturers to provide high quality plastic molded components with a quick turnaround time. The outsourcing services aid in providing reliable turnkey solutions for the production of plastic injection molded components. Plastic injection molding outsourcing services are used for the production of small, medium, and large components and products across a wide range of...Read More »
The global agrochemicals testing and inspection service market is likely to grow at a high pace over the forecast period owing to the rising significance of chemical testing in agriculture and food production. The growing prevalence of modern industrialization and intensive farming methods are expected to trigger the demand for testing and inspection for agrochemicals including insecticides, fungicides, herbicides, and others. Contamination of feed, food, and agricultural products at the beginning of the supply chain has resulted in low quality of food...Read More »
The global cryptocurrency mining hardware market is expected to witness significant growth over the forecast period. Advances in technology to make cryptocurrency mining more profitable by reducing power consumption while increasing the hash rates are expected to drive the growth of the market over the forecast period. The growing use of cryptocurrency for various applications, and the subsequent upsurge in cryptocurrency mining, which is encouraging cryptocurrency miners to establish mining pools to combine their computational resources over a network, are also expected to contribute to the growth of the...Read More »
Contact tracing technologies are used to locate and isolate people suffering from infectious diseases to prevent a large-scale outbreak of any infectious diseases. These technologies can also aid in understanding virus transmission paths, assess outbreak trends, and developing effective disease management strategies. Since 2020, the adoption of contact tracing technology is rapidly increasing to control the spread of the COVID-19 pandemic thereby driving growth of the contact tracing technology...Read More »
Electric Vehicles (EVs) have a lower operational cost than conventional vehicles; however, the cost of electric vehicles is higher. The higher acquisition cost of EVs is associated with the cost of batteries used in these vehicles. The cost of a battery of an EV constitutes around 30 – 40% of the overall vehicle cost. Concerns such as high battery cost, longer battery charging time, and shorter-range are a few challenges faced by the electric vehicle market. Amid the challenges mentioned above, the emergence and subsequent adoption of the Battery-as-a-Service (BaaS) model will help the EV market in terms of...Read More »
The global healthcare provider network management market is anticipated to witness significant growth over the forecast period of 2020-2027, owing to the rising focus on improving the quality of care by effectively using payer reporting requirements, number of technological and developments related to healthcare IT solutions. For instance, in June 2020, Change Healthcare acquired PDX, a company dealing in providing patient centric and innovative technologies for health systems and pharmacies. With this, the company expanded its product...Read More »
The global veterinary molecular diagnostic market is expected to witness significant growth during the forecast period of 2020 to 2027. The key drivers include the increasing companion animal population, prevalence of animal diseases, expenditure on animal care, and advancements in veterinary molecular diagnostics. According to the American Pet Products Association (APPA), in 2019, 67% of American households (or 84.9 million homes) owned a pet. The population of production animals too, is on the rise, as found by the United States Department of Agriculture in...Read More »
The engineering services outsourcing (ESO) market advanced unexpectedly in the recent two decades, from offering engineering services from its center of operations to introducing hubs of excellence at offshore locations. Globalization has compelled the multiple industries to reconsider international delivery centers in their corporate strategies. The multiple service capabilities of the Engineering Service Providers (ESPs), right from product conceptualization to after-service support, has led to their successful operations in numerous industries, one of them being the construction...Read More »
The global telepharmacy market is expected to witness growth from 2020 to 2027 due to the progression of technology and the increase in the prevalence of diseases. Telepharmacy provides consultation to patients that are living in remote locations thus ensuring access to quality health care service in medically backward and rural areas. Furthermore, telepharmacy provides pharma-care at minimal costs. It saves on the additional costs needed for capital investment and hiring a pharmacist. Additionally, increasing internet penetration coupled with rising internet users is fueling market...Read More »
The global medical device connectivity market is expected to witness market growth from 2020 to 2027 owing to the widespread adoption of medical device interoperability and connectivity solutions. Furthermore, the rising need for data analytics and the infiltration of digital services such as patient data and EHR's in hospitals and healthcare organizations is fueling the market growth. Moreover, increasing healthcare expenditure and the need for improved patient monitoring & information system coupled with favorable government initiatives and support is expected to fuel market...Read More »
The novel coronavirus is having a significant economic impact on most sectors, including the healthcare industry. Government all over the world are responding to the threat of COVID-19 with all essential measures, such as nationwide lockdowns, social distancing, and large-scale quarantine to reduce the spread of the virus. According to the CDC, there were over 2,208,486 confirmed cases and over 119,133 deaths in the U.S. due to COVID 19, as of 17th June 2020. As the COVID-19 outbreak has presented hospitals with a large number of patients requiring assistance from respiratory ventilators, there is an increasing demand for respiratory assisted...Read More »
The medical tricorder is a portable medical device that scans and self-diagnoses medical conditions. The global medical tricorder market is expected to witness growth from 2020 to 2027 owing to, preordained disorders such as cardiovascular diseases, diabetes, etc. coupled with rising awareness among patients. Furthermore, rising preference for outpatient service, rapidly evolving technological advancements, and R&D activities for improving healthcare is fostering the market...Read More »
The healthcare industry is rapidly evolving with large volumes of data and increasing challenges related to healthcare costs and accurate patient outcomes. The rise in prevalence of chronic diseases, such as diabetes, cardiovascular diseases, and chronic respiratory diseases, is increasing the need for real-time data, which in turn, is boosting the demand for AI technology in remote patient monitoring. According to Diabetes Research and Clinical Practices in 2019, 463 million people have diabetes globally, especially in low and middle-income countries, which is nearly 9.3% of the global...Read More »