Market Industry Reports https://www.marketindustryreports.com/ MarketIndustryReports XML Feed en-us Copyright MarketIndustryReports Sat, 08 May 2021 02:46:28 GMT Sat, 08 May 2021 02:46:28 GMT daily 1 https://wordpress.org/?v=5.2.3 https://www.marketindustryreports.com/assets/ico/favicon.png Market Industry Reports https://www.marketindustryreports.com/ 32 32 <![CDATA[Medical Sensors Market is anticipated to grow at a CAGR of 7.8% from 2020 to 2030.]]> https://www.marketindustryreports.com/press-release/393/medical-sensors-market Fri, 05 Feb 2021 05:38:10 GMT Market Industry Reports Healthcare https://www.marketindustryreports.com/press-release/393/medical-sensors-market#a1996393 Market Industry Reports (MIR) has published a new report titled “Medical Sensors Market – Global Industry Analysis, Size, Share, Growth, Trends, and Forecast, 2020–2030.” According to the report, the global Medical Sensors market accounted for over US$ 1.84 billion in 2019. It is anticipated to grow at a CAGR of 7.8% from 2020 to 2030. 

Medical sensors are used to monitor, diagnose, and treatment of targeted diseases. These products are increasingly used to monitor vital physiological parameters that will help healthcare professionals regarding deviations in the vital signs. Such features would, in turn, improve the quality of care by avoiding unnecessary medical complications. Due to such reasons, the demand and acceptance for different types of medical sensors are increasing among healthcare professionals.

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The increasing prevalence of chronic disease coupled with a rising geriatric population will boost the growth of the market at a significant level during the forecast period. Chronically sick patients and therefore the massive senior population set kind the target population for the sensor-based devices because it is imperative for them to bear routine checkups; so, facilitating remote and point-of-care patient observation. Moreover, the increasing need for home healthcare devices, such as glucose observation as well as Blood Pressure monitoring is increasing due to cost-effectiveness and the easy operability of these products.

Regionally, North America and Europe accounted for maximum revenue share collectively. Increasing chronic disease incidences, new product developments coupled with the aging population will stimulate regional growth over the forecast period. On the flip side, the Asia-Pacific region is anticipated to witness the fastest growth during the review period. Growth is attributed to the rising income level, growing patient awareness, and strong development in healthcare infrastructure in this region. The Asia Pacific is expected to ascertain fast development over the coming period. Rising incidence of hearing loss significantly within the aged population paired with improvement within the distribution network of worldwide market players is foreseen to power the development of the Asia Pacific Medical Sensors market.

Browse key industry insights spread across 160 pages with market data tables & figures & charts from the report, Medical Sensors Market By Sensor Type (Ingestible Sensors, Temperature Sensors, Pressure Sensors, Blood Oxygen Sensors, Image Sensors, Touch Sensors, Blood Glucose Sensors, Motion Sensors, ECG Sensors, and Heart Rate Sensor), Application (Medical Implants And Endoscopy, Diagnostic Imaging, and Patient Monitoring) – Global Analysis & Forecast 2020-2030 in detail along with the table of contents:https://www.marketindustryreports.com/medical-sensors-market/419

Some of the prominent players in the global Medical Sensors market are, Texas Instrument, Innovative Sensor Technology, First Sensor, Analog Devices, Inc., NXP Semiconductors, Medtronic plc, Proteus Digital Health, Amphenol Advanced Sensors, Sensirion, Cirtec Medical, among others.

Key players are actively involved in new and innovative products launched. Recently, in May 2019, Analog Devices, Inc. launched a brand new side detector interface ICs that allows the subsequent generation of intelligent chemistry sensors for industrial and medical applications.

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Market Industry Reports (MIR) believes in sharing accurate market-related insights. The information that we obtain is from authentic sources and key opinion leaders in the industry. We take efforts to ensure that the information published by us is both reliable and accurate; however, we take no liabilities for any inaccuracy in the information obtained from users, manufacturers, or other sources; opinion, projections, and estimates may be subject to fluctuations and changes.

This report is intended for internal use by the customer and not for disclosure to third parties or general publications. No part of the report or the report as a whole may be reproduced, resold, lent, circulated or transmitted in any form or by any means, electronic, mechanical, photocopying, recording or otherwise without explicit permission from MIR. Neither MIR nor any of our partner companies take responsibility for any short-term or long-term decisions taken by our clients based on insights present in our publications.

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<![CDATA[Global Cybersecurity Market is anticipated to grow at a CAGR of ~12% from 2020 to 2030.]]> https://www.marketindustryreports.com/press-release/392/global-cybersecurity-market Thu, 04 Feb 2021 01:31:09 GMT Market Industry Reports Information And Communication Technology https://www.marketindustryreports.com/press-release/392/global-cybersecurity-market#a1996392 Market Industry Reports (MIR) has published a new report titled “Global Cybersecurity Market – Global Industry Analysis, Size, Share, Growth, Trends, and Forecast, 2020–2030.” According to the report, the Global Cybersecurity Market accounted for over US$ 140 billion in 2019. It is anticipated to grow at a CAGR of ~12% from 2020 to 2030.

The rising penetration of mobile & wireless devices is the prime factor driving the growth of the cybersecurity market.  According to the International Telecommunication Union (ITU), there will be more than 12 billion machine-to-machine devices connected to the internet by 2020. However, with a rise in the number of connected devices, organizations are facing cyber threats.

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The number of cyberattacks on public sector establishments is on the rise. Attacks on government networks have resulted in the loss of critical data and deprived citizens’ access to various critical services. The average cost of the cyber-attacks soared to over USD 5 million in 2017, with system downtime and loss of productivity accounting for the majority of the cost. These unexpected expenses take a toll on government budgets. Thus, the increasing attacks on the government sector are offering a new market avenue for the players present in this market.

The increasing implementation of IoT devices is driving the growth of the cybersecurity market in the manufacturing segment. Manufacturing companies are employing IoT architecture, as it allows employees and business associates to connect to the company’s network through remote locations. Due to the lack of awareness and preparedness, organizations do not adequately invest in cybersecurity management to protect their critical infrastructure. Also, budgetary constraints remain one of the biggest barriers to the adoption of advanced cybersecurity solutions.

Browse key industry insights spread across 180 pages with market data tables & figures & charts from the report, Global Cybersecurity Market Size By Product Type (Identity, Authentication and Access Management (IAAM) [Access Management, Identify Access Management], Infrastructure Protection [Endpoint Protection, Email/Web Gateway, Security Information and Event Management (SIEM), Vulnerability Management, Cloud Security, Data Loss Prevention (DLP)], Network Security [Internet Service Provider Equipment, Virtual Private Network (VPN), Unified Threat Management (UTM), Firewall], Security Services [Implementation, Managed Security Services, Consultancy & Training, Hardware Support]), By Organization (Small and Medium sized Enterprises (SMEs), Government Organizations, Large Enterprises), By Industry (Banking, Government, Manufacturing, Transportation, IT and Telecom, Insurance, Securities) – Global Analysis & Forecast 2020-2030. in detail along with the table of contents:https://www.marketindustryreports.com/global-cybersecurity-market/418

 The demand for cybersecurity solutions in Latin America is expected to accelerate over the forecast timeline due to the rapid penetration of smartphones and rising investments by the government in broadband infrastructure. High-class connectivity has fueled the adoption of digital platforms among small as well as large organizations for conducting online transactions. This has resulted in an upsurge in cyber-attacks. In October 2018, INTERPOL launched a training project, Cyber-crime Building Project in the Americas, assisting the police department across Latin America and the Caribbean to enhance their capabilities to fight cybercrime.

Some of the prominent players present in the cybersecurity market include Intel Corporation, McAfee LLC, IBM Corporation, Oracle Corporation, Microsoft Corporation, Symantec Corporation, Trend Micro Inc., Check Point Software Technologies Ltd., Palo Alto Networks, and Hewlett Packard Enterprise Development LP., among others.

About Us

Market Industry Reports is a global leader in market measurement and advisory services. It is a 100% subsidiary of ExlTech. The firm has always been at the forefront of innovations to address worldwide industry trends and opportunities. We offer our clients a unique depth of market intelligence in an actionable format to move their business forward. Our analysis incorporates consumer study in more than 100 countries, providing a tactical approach to drive sustained business growth. We continue to pioneer state-of-the-art approach in research & analysis that will help you to overcome complexities and stay ahead of the curve. By nurturing the perception of genius and optimized market intelligence, we unfold contingencies for our clients in the evolving world of technology, mega-trends, and industry convergence. We inspire our clients to empower and shape their businesses and to build world-class products.

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<![CDATA[Psychedelic Drugs Market is anticipated to grow at 13.6% CAGR from 2020 to 2030.]]> https://www.marketindustryreports.com/press-release/391/psychedelic-drugs-market Tue, 02 Feb 2021 06:41:36 GMT Market Industry Reports Healthcare https://www.marketindustryreports.com/press-release/391/psychedelic-drugs-market#a1996391 Market Industry Reports (MIR) has published a new report titled “Psychedelic Drugs Market – Global Industry Analysis, Size, Share, Growth, Trends, and Forecast, 2020–2030.” According to the report, the global psychedelic drugs market is estimated to be over US$ 4.23 Billion in 2019. It is anticipated to grow at 13.6% CAGR from 2020 to 2030.

Psychedelics are the class of psychoactive molecules that produce changes in mood, perception, and cognitive processes. These molecules actively affect all the senses and exhibit their ability to alter a patient’s thinking, and emotions. Rising acceptance of psychedelic therapeutics for depression treatment coupled with the increasing prevalence of mental disorders is fueling the industry growth to great extent. For example, according to the Department of Neuroscience, in the U.S., more than 35 million people are using psychedelic drugs. This class of therapeutics has proven its effectiveness for the treatment of alcohol dependence, nicotine dependence chronic PTSD, and anxiety associated terminal illness as compared to other antidepressants molecules. This would, in turn, establish a healthy platform for the industry growth over the study period.

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In addition, rising research and development activities in psychedelic therapeutics categories across the world have supported industrial development significantly. Companies are aggressively investing in R&D activities to develop novel psychedelic treatment molecules with minimal side effects associated with these products. This has further resulted in a strong platform for the further growth of this industry during the study period. On the flip side, strict regulations imposed by several governments to commercialize psychedelic therapeutics will pull back the industry growth to some extent. Moreover, the growing preference for non-therapeutics psychedelic therapies coupled with the poor safety profile of existing molecules will further restrict the industry growth over the study period.

Asia Pacific psychedelic drugs market is projected to grow with the fastest CAGR during the review period. Favorable government initiatives coupled with extensive investment in R&D activities of novel pharmaceutical products is expected to support the regional growth. In addition, the rising prevalence of depression in the region, along with special designation to psychedelic drugs from the regulatory authorities are the key factors for Asia Pacific market growth.

Browse key industry insights spread across 150 pages with market data tables & figures & charts from the report, Psychedelic Drugs Market, By Drug Type (Lysergic Acid Diethylamide, 3,4-Methylenedioxymethamphetamine, Phencyclidine, Gamma Hydroxybutyric Acid, and Psilocybin), By Application (Resistant Depression, Panic Disorder, and Post-traumatic Stress Disorder), By Distribution Channel (Direct Retailers, and Online Channels), By Application (Research and Regenerative Medicine)- Analysis & Forecast 2020-2030 in detail along with the table of contents:https://www.marketindustryreports.com/psychedelic-drugs-market/417

Europe is the second-largest region for the growth of the psychedelic drugs market due to the rising prevelence of psychiatric disorders such as depression, anxiety, etc. For instance, as per the World Health Organization, mental disorders such as anxiety and depression in Europe have suffered more than 37.3 million and 44 million respectively. It created a massive demand for the growth of the psychedelic drugs market in this region.

Some prominent players in the psychedelic drugs market include Takeda Pharmaceutical Company, Pfizer Inc., Mylan N.V., Merck, Alkermes, Allergan, Dr. Reddy’s Laboratories, F. Hoffmann-La Roche Ltd, AstraZeneca, The Emmes Company, LLC among others.

Key players are actively involved in new product development and strategic collaborations to expand its market share. For instance, U.S. based healthcare firm, Johnson & Johnson, received regulatory approval of Spravato, the first antidepressant for actively suicidal people. Such approvals will help companies to capture a significant revenue share of the worldwide psychedelic drugs market.

Further rising FDA approvals for psychedelic drugs due to the rising number of mental illness cases and rising investment for new drug development by the leading players may create a huge opportunity for the growth of this market. For instance, on March 5, 2019, Johnson & Johnson’s product called Kesketamine nasal spray has received the first Food and Drug Administration (FDA) approval for psychedelic treatment a psychiatric disorder.

About Us

Market Industry Reports is a global leader in market measurement and advisory services. It is a 100% subsidiary of ExlTech. The firm has always been at the forefront of innovations to address worldwide industry trends and opportunities. We offer our clients a unique depth of market intelligence in an actionable format to move their business forward. Our analysis incorporates consumer study in more than 100 countries, providing a tactical approach to drive sustained business growth. We continue to pioneer state-of-the-art approach in research & analysis that will help you to overcome complexities and stay ahead of the curve. By nurturing the perception of genius and optimized market intelligence, we unfold contingencies for our clients in the evolving world of technology, mega-trends, and industry convergence. We inspire our clients to empower and shape their businesses and to build world-class products.

Contact Us

[email protected]

Some prominent players in the respiratory syntactical virus market include F. Hoffmann-La Roche Ltd., Abbott Laboratories, AbbVie, Inc., AstraZeneca Plc., ReViral Ltd., Becton, Dickinson, and Company (BD), Biocartis Group, BioMérieux SA, Teva Pharmaceuticals Industries, Thermo Fisher Scientific Inc., Danaher Corporation, Gilead Sciences, Inc., GlaxoSmithKline plc., Hologic, Inc., Luminex Corporation, MEDIVIR AB, Merck & Co., Inc., Fast Track Diagnostics Luxembourg S.à r.l., Valeant Pharmaceuticals International, Inc. among others.

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<![CDATA[Respiratory Syntactical Virus (RSV) Market is anticipated to grow at 10.3% CAGR from 2020 to 2030.]]> https://www.marketindustryreports.com/press-release/390/respiratory-syntactical-virus-rsv-market Fri, 29 Jan 2021 10:38:33 GMT Market Industry Reports Healthcare https://www.marketindustryreports.com/press-release/390/respiratory-syntactical-virus-rsv-market#a1996390 Market Industry Reports (MIR) has published a new report titled “Respiratory Syntactical Virus (RSV) Market – Global Industry Analysis, Size, Share, Growth, Trends, and Forecast, 2020–2030.” According to the report, the global Respiratory Syntactical Virus (RSV) market is estimated to be over US$ 1.73 Billion in 2019. It is anticipated to grow at 10.3% CAGR from 2020 to 2030.

The respiratory syncytial virus is a common and contagious virus, which is capable of affecting the respiratory tract of both adults and children. An RSV infection can also result in serious issues such as bronchiolitis and pneumonia in children younger than 1 year, especially in the United States. As for elderly people, this infection can be the cause of pneumonia, congestive heart failure, can worsen the cases of patients suffering from asthma and chronic obstructive pulmonary disease (COPD).

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The respiratory syncytial virus market growth is acknowledged owing to the growing global burden of this virus. For instance, the Centers for Disease Control and Prevention’s statistics unveiled that around 177,000 elderly patients are hospitalized due to respiratory syncytial virus among which approximately 14,000 people die in the US per year. Besides, the growth recorded in the neonatal population base along with the robust demand for point of care facilities and in-vitro diagnostics also boost the business revenue generation for the market. Furthermore, the adoption of molecular diagnostics over immunoassays and the high approval rate of RSV diagnostic kits also propels the growth of the RSV market during the projected years.

On the other hand, factors such as the high cost of the treatment along with limited standardization norms for drugs and vaccines coupled with the existence of other pathogens resulting in similar respiratory distress conditions are likely to hamper the business growth. Alongside this, the innovations in diagnostic methods are expected to offer lucrative market growth opportunities in the near future. However, the on-going developments of RSV vaccines pose a major threat, hampering the global market growth.

Browse key industry insights spread across 150 pages with market data tables & figures & charts from the report, Respiratory Syntactical Virus (RSV) Market, By Drugs Type (Palivizumab, and Ribavirin), By Dosage Form (Oral, and Injectable), By Diagnostics Method (Rapid Antigen Diagnostic Test, Direct Fluorescent Antibody Method, Gel Microdroplets, Chromatographic Immunoassay, Molecular Diagnostics, Diagnostic Imaging, and Flow Cytometry), By End-Use (Drug Stores and Retail Pharmacies, Hospitals and Clinics, and Clinical Laboratories) – Analysis & Forecast 2020-2030 in detail along with the table of contents:https://www.marketindustryreports.com/respiratory-syntactical-virus-rsv-market/416

Moreover, there is no approved drug or vaccine available to prevent or treat this infection. However, the patients are treated only by administrating prophylaxis drugs, including Palivizumab. However, the key player is focusing on the invention and development of a drug or a vaccine with better efficiency. This, in turn, favors the expansion of the global respiratory syncytial virus industry size. For instance, the efforts of Astra Zeneca resulted in the market approval of Synagis, the only approved immune-prophylaxis for pediatrics. In addition, Novavax Inc.’s achievement to compete in Phase 3 trials for RSV F Nanoparticle for maternal applications is also favoring the market growth.

Region-wise, North America dominates the RSV market, owing to the prevalence of this infection, majorly in infants, the presence of prominent players, increasing awareness among people. For instance, the data presented by the U.S. Department of Health & Human Services revealed that nearly half of the total children population globally gets infected with the respiratory syncytial virus within the first two years of birth, accounting for the viral infection outbreaks in winter and spring.

However, the Asia Pacific region is acknowledged to be the fastest-growing segment, owing to the launch of new products to prevent RSV infections, especially in India and urban China. Besides, Synagis is the only licensed product in Australia, South Korea, and Japan for the prevention of RSV infections in infants, which favors the market growth in this region. On the flip side, the high cost coupled with the restrictive label that has narrowed its applications to only the highest-risk infants may slow down the demand for therapeutics treating the infection.

Some prominent players in the respiratory syntactical virus market include F. Hoffmann-La Roche Ltd., Abbott Laboratories, AbbVie, Inc., AstraZeneca Plc., ReViral Ltd., Becton, Dickinson, and Company (BD), Biocartis Group, BioMérieux SA, Teva Pharmaceuticals Industries, Thermo Fisher Scientific Inc., Danaher Corporation, Gilead Sciences, Inc., GlaxoSmithKline plc., Hologic, Inc., Luminex Corporation, MEDIVIR AB, Merck & Co., Inc., Fast Track Diagnostics Luxembourg S.à r.l., Valeant Pharmaceuticals International, Inc. among others.

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<![CDATA[Global Gunshot Detection System Market is anticipated to grow at a CAGR of 8.9% from 2020 to 2030.]]> https://www.marketindustryreports.com/press-release/389/global-gunshot-detection-system-market Tue, 08 Dec 2020 05:49:58 GMT Market Industry Reports Semiconductor https://www.marketindustryreports.com/press-release/389/global-gunshot-detection-system-market#a1996389 Market Industry Reports (MIR) has published a new report titled “Global Gunshot Detection System Market – Global Industry Analysis, Size, Share, Growth, Trends, and Forecast, 2020–2030.” According to the report, the Global Gunshot Detection System Market accounted for over US$ 530.6 million in 2019. It is anticipated to grow at a CAGR of 8.9% from 2020 to 2030.

The gunshot detection system is a device that uses a network of outdoor acoustic sensors to automatically detect the gunfire and promptly alert the law enforcement officers. The organizations are engaged in the development of advanced technology and tools that addresses firearm violence under the stringent regulations by the government organizations and law enforcement agencies.

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The gunshot detection systems are anticipated to grow the market share due to the increasing need for homeland and defense security. Furthermore, the rising criminal activities and increasing terrorist threats are significantly supporting the demand for gunshot detection systems with the enhancement in the market growth over the projected timeframe. The gunshot detection systems require a large number of distributed sensors over a large area to support homeland security. This installation of a large number of sensors results expensive. Moreover, these maintaining these systems is an additional expense and can be a restraint to the gunshot detection system market.

Several stringent rules and regulations from the regulatory bodies for the installation of the system in government buildings, educational institutes, and public places for the safety of the civilians is enhancing the market growth of gunshot detection system. The industry participants are undergoing several strategic acquisitions and partnerships for the development of advanced gunshot detection systems. For instance, in March 2020, Safe Zone announced to enter a strategic partnership with the RapidSOS that states to send life-saving data directly from Safe Zone detectors to 9-1-1 centers across the globe. This technology was developed in response to the rise in active shooter incidents and enables faster and more efficient responses to threats.

Browse key industry insights spread across 170 pages with market data tables & figures & charts from the report, Global Gunshot Detection System Market By Solution (Systems, Software), By Installation Type (Fixed Installation, Soldier Mounted, Vehicle Mounted), By Application (Commercial, Defense) – Global Analysis & Forecast 2020-2030. in detail along with the table of contents:https://www.marketindustryreports.com/global-gunshot-detection-system-market/415

As of the year 2018, the Forbes report published that smart cities are expected the incorporate-on high-end technology devices that will help to enhance security. Rising investments in the defense sector are fuelling the market growth over the forecasted timeframe. The increasing investments to strengthen the border with the installation of devices that help to border control forces in tracking and preventing any efforts to sneak in and breach illegal occupation.

The North American region is expected to grow the gunshot detection system market over the coming years due to the increasing installation of gunfire monitoring devices. This large number of installations is due to law enforcement agencies, enhancement in security concerns, and growing incidents of mass shootings in hospitals, government buildings, banks, and universities. For instance, in May 2017, QinetiQ North America undergoes a strategic partnership with Bhukhanvala Industries that collaborates for the development of EARS gunshot localization products that will be launched in India. These collaborations and strategic partnerships support market growth over the forecasted timeframe.

Some of the prominent players in the Gunshot Detection System market include Rheinmetall AG, Thales Group, Safety Dynamics Inc., V5 Systems Inc., Rafael Advanced Defense Systems Ltd., Shooter Detection Systems LLC, ACOEM Group, Information System Technologies, Inc., Raytheon BBN Technologies Corporation, and QinetiQ.

About Us

Market Industry Reports is a global leader in market measurement and advisory services. It is a 100% subsidiary of ExlTech. The firm has always been at the forefront of innovations to address worldwide industry trends and opportunities. We offer our clients a unique depth of market intelligence in an actionable format to move their business forward. Our analysis incorporates consumer study in more than 100 countries, providing a tactical approach to drive sustained business growth. We continue to pioneer state-of-the-art approach in research & analysis that will help you to overcome complexities and stay ahead of the curve. By nurturing the perception of genius and optimized market intelligence, we unfold contingencies for our clients in the evolving world of technology, mega-trends, and industry convergence. We inspire our clients to empower and shape their businesses and to build world-class products.

Contact Us

[email protected]

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<![CDATA[Global Aircraft And Marine Turbochargers Market is anticipated to grow at a CAGR of 2.03% from 2020 to 2030.]]> https://www.marketindustryreports.com/press-release/388/global-aircraft-and-marine-turbochargers-market Mon, 30 Nov 2020 11:50:40 GMT Market Industry Reports Automotive and Transportation https://www.marketindustryreports.com/press-release/388/global-aircraft-and-marine-turbochargers-market#a1996388 Market Industry Reports (MIR) has published a new report titled “Global Aircraft And Marine Turbochargers Market – Global Industry Analysis, Size, Share, Growth, Trends, and Forecast, 2020–2030.” According to the report, the Global Aircraft And Marine Turbochargers Market accounted for over US$ 285.4 million in 2019. It is anticipated to grow at a CAGR of 2.03% from 2020 to 2030.

The aircraft and marine turbochargers market has been witnessing growth over the recent years due to factors like the rising interest for eco-friendly aircraft motors, rising interest for light flies from nations, and the expanding number of flying machine conveyances. For instance, the developed and developing nations such as the US, UK, China, India, and Japan, is assisting the marine travel industry across the globe. Moreover, these several factors are prompting the development of the aircraft and marine turbochargers market.

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The increasing technological advancement in the market such as the adoption of 3D printing technology to manufacture aircraft and marine turbochargers is supporting the market growth. The industry participants are developing new and advanced models of turbocharges that will enhance the operating cost. For instance, in August 2018, the Mitsubishi Heavy Industries Marine Machinery & Equipment Co., Ltd. developed new models of its MET turbochargers that will be installed in diesel engines. This strategy enhances the product portfolio of the company with the enhancement in the revenue share. This turbocharger series mainly encompasses for two-stroke engines is smaller and lighter than the existing MET-MB series that allows 165 greater flow capacity.

The increasing number of aircraft deliveries by aircraft operators is significantly supporting market growth over the study timeframe. For instance, according to Airbus Forecast 2018-2037, Europe will account for around 7,000 new aircraft deliveries by 2037. This will considerably mature the turbochargers market, providing it with new opportunities. Furthermore, the industry participants are continuously involved in introducing new products to cater to the surging demand. Moreover, the engagement of partnerships and long term contracts by key players is supporting market growth. For instance, in September 2017, ABB signed long-term service agreements with several marines and offshore transport firms for the service maintenance of 400 turbochargers units.

Browse key industry insights spread across 180 pages with market data tables & figures & charts from the report, Global Aircraft And Marine Turbochargers Market By Component (Compressor, Turbine, and Shaft), By Technology (Single Turbo, Twin Turbo, Variable Geometry Turbo, and Hybrid/Electric Assist Turbo), By Platform (Aircraft, Marine, Unmanned Aerial Vehicles {UAVs}) – Global Analysis & Forecast 2020-2030. in detail along with the table of contents:https://www.marketindustryreports.com/global-aircraft-and-marine-turbochargers-market/414

One of the major drivers is the increasing fleet of small aircraft & boats across the globe. This increasing use of small aircraft & boats in recreational activities is estimated to boost the demand for aircraft and marine turbochargers over the coming years. The rise in GDP and per capita income coupled with the globalization of businesses has generated the need to develop the aircraft and marine industry to provide better connectivity and fast transport.

The industry players are engaged in technological advancements in aircraft and marine engines that includes the intelligent tuning of engines are significantly contributing towards the product adoption to operate efficiently at all load points. In February 2018, Rolls-Royce received a contract worth USD 47 million from the U.S. Department of Defense to manufacture aircraft turbochargers for AE 2100D3 turboprop engine aircraft such as C-130J aircraft, C-27J transport, and US-2 seaplanes.

Some of the prominent players in the Aircraft and Marine Turbochargers market include Jrone Turbocharger, Hartzell Engine Technologies, Rolls-Royce, Mitsubishi Heavy Industries, Continental Motors Group, Textron Inc., General Electric, ABB, Cummins, and Kawasaki Heavy Industries.

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<![CDATA[Global Helicopters Market is anticipated to grow at a CAGR of XX% from 2020 to 2030.]]> https://www.marketindustryreports.com/press-release/386/global-helicopters-market Tue, 24 Nov 2020 08:14:23 GMT Market Industry Reports Automotive and Transportation https://www.marketindustryreports.com/press-release/386/global-helicopters-market#a1996386 Market Industry Reports (MIR) has published a new report titled “Global Helicopters Market – Global Industry Analysis, Size, Share, Growth, Trends, and Forecast, 2020–2030.” According to the report, the Global Helicopters Market accounted for over US$ XXX million in 2019. It is anticipated to grow at a CAGR of XX% from 2020 to 2030.

The global helicopter market is expected to grow as these flying machines have cost-effective maintenance that will positively impact the overall growth of the market. A simple design and usage of minimum moving parts in the Helicopter in comparison with the winged aircraft and planes is one of the prominent advantages for the increasing adoption of Helicopters in the aerospace sector. Moreover, the Helicopter has a less complicated operation of the engine which gives better reliability.

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The increasing per capita income coupled with the aging fleet is expected to fuel the demand for the global helicopter market. Moreover, the growing tourism industry is further expected to upsurge the demand for the commercial helicopter market during the forecast period. However, stringent emission norms and high costs associated with helicopters can act as challenges for the growth of the helicopter market. Most of the countries impose a tax on commercial helicopters, thereby hampering the growth to an extent.

The industry participants in the global helicopter market have taken several strategic initiatives such as product launches, acquisitions, and collaborations that will help to gain a competitive edge in the industry. Furthermore, in November 2016, Bell Helicopter Textron Inc. announced the launch of Bell 206 polycarbonate windshield, approved by Transport Canada (TCCA). Van Horn Aviation got the TCCA approval for the 206B composite main rotor blade. These products are available through Bell Helicopter’s Aeronautical Accessories brand for installation for Canadian operators.

Browse key industry insights spread across 170 pages with market data tables & figures & charts from the report, Global Helicopters Market By Component (Aerostructures/Airframes, Rotary System, Engine, Undercarriage, Avionics, Cabin Interiors, Environmental Control System), By End-Use (Commercial [Transport, Medical Services, Search & Rescue, Offshore Sector], and Military [Reconnaissance, Maritime Surveillance]), By Sales Channel (OEM, Maintenance, Repair and Overhaul [MRO]) – Global Analysis & Forecast 2020-2030 in detail along with the table of contents:https://www.marketindustryreports.com/global-helicopters-market/412

The service providing companies in the helicopter market across the globe is securing deals with manufacturers to deploy them for several uses such as offshore Oil & Gas operations, VIP transportation, and other utility duties. For instance, in June 2019, Pawan Hans Limited (PHL) and Airbus Helicopters signed a Memorandum of Understanding (MoU) which included procuring H145 & H225 helicopters to PHL’s existing fleet. The agreement also includes that Airbus Helicopters will provide repair, maintenance & overhaul of its existing AS365N Dauphin helicopters.

The players with a strong base in North America are engaged in securing hefty deals from several countries to design & manufacture heavy helicopters that support vital missions of defense forces around the world. For instance, in 2018, Boeing was awarded a USD 4.2 billion contract to produce 58 tiltrotors for the government of Japan and the U.S. Marines, Navy & Air Force. Additionally, in 2018, U.S. Air Force selected MH-139 of Boeing to replace its fleet of UH-1N Huey helicopters. The contract includes the procurement of approximately 84 helicopters which was valued at USD 2.4 billion.

The Asia Pacific region is anticipated to grow the helicopter market share over the coming years. The growing investments by governments in defense, private as well as public sectors. Efforts of various governments across the Asia Pacific to develop indigenous manufacturing capabilities are improving market prospects. For instance, In 2018, China added 89 helicopters to its existing fleet. The growth can be attributed to favorable government policies pertaining to FDI. Moreover, In 2017, China portrayed approximately 60 preferential policies in the general aviation sector claiming to meet the requirement for search & rescue, short-term aviation, private flights, and entertainment. With respect to these changes, Bell Helicopter estimated that its fleet of 160 helicopters in June 2019 will double by 2022.

Some of the prominent players in the Helicopter market include Airbus Helicopters S.A.S, Bell Helicopters, Boeing, CHC Helicopters, Hindustan Aeronautics Limited, Kawasaki Heavy Industries Ltd., Leonardo S.p. A, Lockheed Martin Corporation, Mitsubishi Heavy Industries Ltd., and Robinson Helicopters.

About Us

Market Industry Reports is a global leader in market measurement and advisory services. It is a 100% subsidiary of ExlTech. The firm has always been at the forefront of innovations to address worldwide industry trends and opportunities. We offer our clients a unique depth of market intelligence in an actionable format to move their business forward. Our analysis incorporates consumer study in more than 100 countries, providing a tactical approach to drive sustained business growth. We continue to pioneer state-of-the-art approach in research & analysis that will help you to overcome complexities and stay ahead of the curve. By nurturing the perception of genius and optimized market intelligence, we unfold contingencies for our clients in the evolving world of technology, mega-trends, and industry convergence. We inspire our clients to empower and shape their businesses and to build world-class products.

Contact Us

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<![CDATA[Analytical Standards Market is anticipated to grow at a CAGR of 6.9% from 2020 to 2030.]]> https://www.marketindustryreports.com/press-release/385/analytical-standards-market Tue, 24 Nov 2020 06:22:36 GMT Market Industry Reports Healthcare https://www.marketindustryreports.com/press-release/385/analytical-standards-market#a1996385 Market Industry Reports (MIR) has published a new report titled “Analytical Standards Market – Global Industry Analysis, Size, Share, Growth, Trends, and Forecast, 2020–2030.” According to the report, the global analytical standards was valued at US$ 1,367.8 million in 2019. It is anticipated to grow at a CAGR of 6.9% from 2020 to 2030.

The growth of the analytical standards market is attributed to several factors such as stringent environmental regulation, government initiatives promoting analytical testing, and the development of the pharmaceutical sector, among others.

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Companies are launching new analytical standards for a diverse range of industry verticals such as pharmaceuticals, food & beverage, petrochemicals, and forensics, among others. For instance, in September 2018, Honeywell launched a new portfolio of high-quality Fluka analytical standards, intended for utilization in analytical chemistry applications in Europe. Moreover, companies are focusing on developing new research facilities, which further contribute to market growth. For instance, in July 2020, Merck KGaA announced building a new US$ 21.3 Million laboratory facility in Buchs, Switzerland to support the company’s rapidly growing reference materials business. The new facility will enhance the efficiency of research & development, analytical production, and quality control.

Furthermore, the growing food & beverage industry is also driving the growth of the analytical standards market. According to the 2020 Food and Drink Industry Report, the food & drink industry is the UK’s largest manufacturing sector, contributing around £31.1bn to the economy annually. Food analysis requires various analytical procedures for providing information about a wide variety of different characteristics of foods, including their composition, structure, physicochemical properties, and sensory attributes.

Browse key industry insights spread across 150 pages with market data tables & figures & charts from the report, Analytical Standards Market By Type (Organic Standards and Inorganic Standards), Technique (Chromatography, Titrimetry, Spectroscopy and Physical Properties Testing Standards), Application (Pharma and Life Sciences, Environmental, Food and Beverage, Forensics, Petrochemicals and Veterinary) – Global Analysis & Forecast 2020-2030 in detail along with the table of contents:https://www.marketindustryreports.com/analytical-standards-market/411

However, the lack of well-trained technicians and expensive procedures will hamper the growth of the analytical standards market to some extent.

Asia-Pacific (APAC) is expected to witness the highest CAGR in the forecast period owing to several factors such as the growing pharmaceutical sector, favorable government measures, and rising food & beverage industries, among others. Moreover, growing environmental concerns can further attribute to the market growth in this region.  High levels of water pollution resulting from intensive industrial development in parts of southern China and India are raising concerns about public health impacts. It has led to a shift in regulatory emphasis on effective pollution monitoring & control. The stringent water protection regulations and pollution discharge standards have set a high bar for companies operating in the region. Hence, the extensive government initiatives for tackling environmental pollution will eventually increase pollution monitoring.

Some of the prominent players in the global analytical standards market are Agilent Technologies, Inc., Merck KGaA, AccuStandard, Inc., Thermo Fisher Scientific, PerkinElmer Inc., LGC Limited, Restek Corporation, Cayman Chemical, Chiron AS, and Mallinckrodt, among others. 

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Market Industry Reports is a global leader in market measurement and advisory services. It is a 100% subsidiary of ExlTech. The firm has always been at the forefront of innovations to address worldwide industry trends and opportunities. We offer our clients a unique depth of market intelligence in an actionable format to move their business forward. Our analysis incorporates consumer study in more than 100 countries, providing a tactical approach to drive sustained business growth. We continue to pioneer state-of-the-art approach in research & analysis that will help you to overcome complexities and stay ahead of the curve. By nurturing the perception of genius and optimized market intelligence, we unfold contingencies for our clients in the evolving world of technology, mega-trends, and industry convergence. We inspire our clients to empower and shape their businesses and to build world-class products.

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<![CDATA[Animal Parasiticides Market is anticipated to grow at a CAGR of ~7% from 2020 to 2030.]]> https://www.marketindustryreports.com/press-release/384/animal-parasiticides-market Tue, 24 Nov 2020 02:08:42 GMT Market Industry Reports Healthcare https://www.marketindustryreports.com/press-release/384/animal-parasiticides-market#a1996384 Market Industry Reports (MIR) has published a new report titled “Animal Parasiticides Market – Global Industry Analysis, Size, Share, Growth, Trends, and Forecast, 2020–2030.” According to the report, the global animal parasiticides market accounted for over US$ 9.2 billion in 2019. It is anticipated to grow at a CAGR of ~7% from 2020 to 2030.

Companies are increasingly engaging in business development strategies, such as acquisitions, mergers, and agreements, to expand their animal parasiticides product portfolio. For instance, in August 2020, Merck Animal Health completed the acquisition of worldwide rights to VECOXAN (diclazuril) from Elanco Animal Health. It is an oral suspension and helps in the prevention of coccidiosis in calves and lambs. Similarly, companies are aiming at developing and launching new animal parasiticides products in the market. For instance, in February 2020, Norbrook Inc. launched Selarid (selamectin), a topical parasiticide for companion animals. It is a prescription treatment for protecting cats & dogs from heartworms, fleas, ear mites, and several other pests.

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Various government initiatives and organizations are promoting the importance of animal health. For instance, the Helminth Elimination Platform (HELP) is a new multidisciplinary platform funded through the European Union’s Horizon 2020 research & innovation program for promoting animal health. Led by the Swiss Tropical and Public Health Institute (Swiss TPH) and comprises not-for-profit Research & Development (R&D) organization, Drugs for Neglected Diseases initiative (DNDi), and several pharmaceutical companies such as Bayer Animal Health and Bristol-Myers Squibb. Similarly, companies are also driving programs for providing medical aids in untapped regions. For instance, in December 2018, Boehringer Ingelheim launched the ‘LastMile Initiative’ an integrated, solutions-driven program that seeks to address crucial animal health challenges by creating consistent availability of animal medical resources in hard-to-reach areas of Sub-Saharan Africa. The initiative targeted ruminants such as sheep, goats, and cattle and has expanded to include poultry.

However, the shift in dietary patterns and growing resistance in parasites against parasiticides are likely to restrict the market growth to a certain extent.

Browse key industry insights spread across 180 pages with market data tables & figures & charts from the report, Animal Parasiticides Market By Product Type (Endoparasiticides, Ectoparasiticides, and Endectocides), Animal Type (Companion Animals and Farm Animals), End User (Veterinary Hospitals & Clinics, Home Care Setting, and Animal Farms) – Global Analysis & Forecast 2020-2030 in detail along with the table of contents:https://www.marketindustryreports.com/animal-parasiticides-market/410

North America accounted for the largest market share in the animal parasiticides market owing to several factors, such as rising animal health expenditure, growing animal adoption, and the presence of key players, among others. Moreover, companies are signing agreements for expanding their product portfolio in this region. For instance, in May 2020, Merck Animal Health, a division of Merck & Co., Inc., and Virbac entered into a definitive agreement under which Merck Animal Health acquired the U.S. rights to SENTINEL FLAVOR TABS and SENTINEL SPECTRUM Chews in the companion animal category.  SENTINEL branded products are used for controlling almost all common intestinal parasites, providing an attractive opportunity for broad-spectrum, year-round comprehensive internal & external parasite protection for dogs.

Some of the prominent players in the global animal parasiticides market are Intervet Inc. (Merck & Co. Inc.), Ceva, Zoetis, Boehringer Ingelheim International GmbH, Chanelle Pharma Group, Abbey Animal Health Pty Ltd, Bimeda, Inc., Norbrook, Vetoquinol S.A., Virbac, and Elanco among others.

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Market Industry Reports is a global leader in market measurement and advisory services. It is a 100% subsidiary of ExlTech. The firm has always been at the forefront of innovations to address worldwide industry trends and opportunities. We offer our clients a unique depth of market intelligence in an actionable format to move their business forward. Our analysis incorporates consumer study in more than 100 countries, providing a tactical approach to drive sustained business growth. We continue to pioneer state-of-the-art approach in research & analysis that will help you to overcome complexities and stay ahead of the curve. By nurturing the perception of genius and optimized market intelligence, we unfold contingencies for our clients in the evolving world of technology, mega-trends, and industry convergence. We inspire our clients to empower and shape their businesses and to build world-class products.

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<![CDATA[Centesis Catheters Market is anticipated to grow at a CAGR of 6.3% from 2020 to 2030.]]> https://www.marketindustryreports.com/press-release/383/centesis-catheters-market Mon, 23 Nov 2020 07:24:24 GMT Market Industry Reports Healthcare https://www.marketindustryreports.com/press-release/383/centesis-catheters-market#a1996383 Market Industry Reports (MIR) has published a new report titled “Centesis Catheters Market- Global Industry Analysis, Size, Share, Growth, Trends, and Forecast, 2019–2030.” According to the report, the global centesis catheters market accounted for over approximately US$ 430 million in 2019. It is anticipated to grow at a CAGR of 6.3% from 2020 to 2030.

The growth of the centesis catheters market can be attributed to several factors such as increasing incidence of target neurological conditions. Moreover, a growing number of clinical research activities for minimally invasive cancer treatment and a rising preference for minimally invasive procedures across the globe are anticipated to further contribute to the global centesis catheters market growth between 2019 and 2030. Additionally, increasing government awareness for improving emergency care infrastructure, coupled with the increasing use of advanced technology in emergency care, is anticipated to further promote the growth of the centesis catheters market during the forecast period.

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The adoption of centesis catheters is increasing across key regions majorly due to the growth in the targeted patient population suffering from neurovascular disorders, cardiovascular diseases, and cancer has played a vital role in contributing to the growth of the global centesis catheters industry. Moreover, an increasing number of catheter-assisted clinical research studies in several countries, namely India, China, and other developing countries have emerged as essential contributors to the global centesis catheters market. These factors are leading to an upsurge in the centesis catheters market.

Since the introduction of minimally-invasive procedures, the adoption of such procedures has witnessed significant growth in recent times. Shorter hospital admission time, lesser procedures associated with pain, and fewer complications have played a pivotal role in contributing to the growing adoption of the centesis catheters by surgeons. Growing preference for minimally invasive surgical procedures is likely to further propel the growth of the centesis catheters market.

Browse key industry insights spread across 150 pages with market data tables & figures & charts from the report, Centesis Catheters Market By Product Type (Small-bore Centesis Catheters and Large-bore Centesis Catheters), By Procedure (Paracentesis, Thoracentesis, Arthrocentesis, and Amniocentesis), By Application (Diagnostic, Therapeutic, and Palliative Care) and By End User (Hospitals and Ambulatory Surgery Centers) – Global Analysis & Forecast 2020-2030 in detail along with the table of contents:https://www.marketindustryreports.com/centesis-catheters-market/409

However, microsurgeries as compared to their traditional surgeries are expensive, owing to the high cost of centesis catheters, high maintenance cost, which directly contributes to the increased procedure costs of the microsurgeries. In addition limited availability of the product in emerging regions expected to hamper the growth of the target market.

The Asia Pacific centesis catheters market is estimated to grow at the highest CAGR during the forecast period. Increasing population, continuously growing economy, rising disposable income, and increasing awareness regarding centesis catheters are expected to propel the growth of the centesis catheters market in the region. Countries in the APAC, such as India, China, and Japan, are anticipated to provide significant growth opportunities for the global centesis catheters market due to a large number of aging populations susceptible to various diseases.

Some of the prominent players in the centesis catheters market include Medtronic, Teleflex Incorporated, Smiths Group plc., AngioDynamics, B. Braun Melsungen AG, Becton, Dickinson, and Company, Boston Scientific Corporation, Cardinal Health, Cook Medical, and Merit Medical Systems, among others.

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Market Industry Reports is a global leader in market measurement and advisory services. It is a 100% subsidiary of ExlTech. The firm has always been at the forefront of innovations to address worldwide industry trends and opportunities. We offer our clients a unique depth of market intelligence in an actionable format to move their business forward. Our analysis incorporates consumer study in more than 100 countries, providing a tactical approach to drive sustained business growth. We continue to pioneer state-of-the-art approach in research & analysis that will help you to overcome complexities and stay ahead of the curve. By nurturing the perception of genius and optimized market intelligence, we unfold contingencies for our clients in the evolving world of technology, mega-trends, and industry convergence. We inspire our clients to empower and shape their businesses and to build world-class products.

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