#Medical Grade Oxygen Market Opportunity
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Medical Grade Oxygen Market: Global Industry Analysis and Forecast 2023 – 2030
The Global Market for Medical Grade Oxygen Estimated at USD 8.98 Billion In the Year 2022, Is Projected To Reach A Revised Size Of USD 16.02 Billion By 2030, Growing At A CAGR Of 7.5% Over The Forecast Period 2023-2030.
The medical grade oxygen market is experiencing steady growth globally, primarily driven by the increasing prevalence of respiratory diseases such as COPD (Chronic Obstructive Pulmonary Disease), asthma, and pneumonia. Medical grade oxygen, which is of high purity, is crucial for various medical procedures and therapies, including oxygen therapy, anesthesia, and emergency resuscitation. With the rising geriatric population and the consequent higher incidence of age-related respiratory issues, the demand for medical grade oxygen is expected to continue growing.
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Updated Version 2024 is available our Sample Report May Includes the:
Scope For 2024
Brief Introduction to the research report.
Table of Contents (Scope covered as a part of the study)
Top players in the market
Research framework (structure of the report)
Research methodology adopted by Worldwide Market Reports
Leading players involved in the Medical Grade Oxygen Market include:
Medtronic(Ireland), DeVilbiss Healthcare LLC (U.S.), Messer Group GmbH (Germany), Philips Healthcare (Netherlands), Invacare Corporation (U.S.), Air Products (U.S.), Linde PLC (Ireland), Gulf Cryo Saudi for Industrial & Medical Gases (U.A.E.), Nidek Medical (India), Terumo Medical Corporation (Japan), OrientMEd International (U.A.E.), Jacko Gases Company (Saudi Arabia) and Other Major Players.
Moreover, the report includes significant chapters such as Patent Analysis, Regulatory Framework, Technology Roadmap, BCG Matrix, Heat Map Analysis, Price Trend Analysis, and Investment Analysis which help to understand the market direction and movement in the current and upcoming years.
Market Driver:
One significant driver for the medical grade oxygen market is the escalating pollution levels and the resultant surge in respiratory ailments. Urbanization, industrialization, and vehicular emissions have led to a rise in air pollution levels worldwide, contributing to respiratory health concerns. This has propelled the demand for medical grade oxygen as a crucial element in managing respiratory distress and improving patient outcomes.
Market Opportunity:
An emerging market opportunity lies in the expansion of home healthcare services. With advancements in technology and medical devices, there is a growing trend towards providing healthcare services in the comfort of patients' homes. This shift presents an opportunity for medical grade oxygen suppliers to cater to the increasing demand for portable oxygen concentrators and other home-based oxygen therapy solutions. Additionally, the convenience and cost-effectiveness of home healthcare services make them an attractive option for both patients and healthcare providers.
If You Have Any Query Medical Grade Oxygen Market Report, Visit:
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Segmentation of Medical Grade Oxygen Market:
By Product Type
Compressed gas systems
Portable oxygen concentrator systems (POCs)
Liquid oxygen systems
By Delivery type
Oxygen Delivery In Oxygen Concentrators
Continuous Flow Dose Deliver
Pulse Mode Delivery
By Indication
Stationary Oxygen Concentrators
Portable Oxygen Concentrators
By End User
General and Specialized Hospitals
Emergency Transports
Outpatient Units
Others
Market Segment by Regions: -
North America (US, Canada, Mexico)
Eastern Europe (Bulgaria, The Czech Republic, Hungary, Poland, Romania, Rest of Eastern Europe)
Western Europe (Germany, UK, France, Netherlands, Italy, Russia, Spain, Rest of Western Europe)
Asia Pacific (China, India, Japan, South Korea, Malaysia, Thailand, Vietnam, The Philippines, Australia, New Zealand, Rest of APAC)
Middle East & Africa (Turkey, Bahrain, Kuwait, Saudi Arabia, Qatar, UAE, Israel, South Africa)
South America (Brazil, Argentina, Rest of SA)
Importance of the Report :
• Qualitative and quantitative analysis of current trends, dynamics and estimates;
• Provides additional highlights and key points on various Medical Grade Oxygen market segments and their impact in the coming years.
• The sample report includes the latest drivers and trends in the Medical Grade Oxygen market.
• The report analyzes the market competitive environment and provides information about several market vendors.
• The report provides forecasts of future trends and changes in consumer behavior.
• Comprehensive fragmentation by product type, end use and geography.
• The study identifies many growth opportunities in the global Medical Grade Oxygen market.
• The market study also highlights the expected revenue growth of the Medical Grade Oxygen market.
Our study encompasses major growth determinants and drivers, along with extensive segmentation areas. Through in-depth analysis of supply and sales channels, including upstream and downstream fundamentals, we present a complete market ecosystem.
If you require any specific information that is not covered currently within the scope of the report, we will provide the same as a part of the customization.
Acquire This Reports: -
https://introspectivemarketresearch.com/checkout/?user=1&_sid=16595
About us:
Introspective Market Research (introspectivemarketresearch.com) is a visionary research consulting firm dedicated to assisting our clients to grow and have a successful impact on the market. Our team at IMR is ready to assist our clients to flourish their business by offering strategies to gain success and monopoly in their respective fields. We are a global market research company, that specializes in using big data and advanced analytics to show the bigger picture of the market trends. We help our clients to think differently and build better tomorrow for all of us. We are a technology-driven research company, we analyse extremely large sets of data to discover deeper insights and provide conclusive consulting. We not only provide intelligence solutions, but we help our clients in how they can achieve their goals.
Contact us:
Introspective Market Research
3001 S King Drive,
Chicago, Illinois
60616 USA
Ph no: +1-773-382-1047
Email: [email protected]
#Medical Grade Oxygen#Medical Grade Oxygen Market#Medical Grade Oxygen Market Size#Medical Grade Oxygen Market Share#Medical Grade Oxygen Market Growth#Medical Grade Oxygen Market Trend#Medical Grade Oxygen Market segment#Medical Grade Oxygen Market Opportunity#Medical Grade Oxygen Market Analysis 2023#US Medical Grade Oxygen Market#Medical Grade Oxygen Market Forecast#Medical Grade Oxygen Industry#Medical Grade Oxygen Industry Size#china Medical Grade Oxygen Market#UK Medical Grade Oxygen Market
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Medical Grade Oxygen Market: Global Industry Analysis and Forecast 2023 – 2030
The Global Market for Medical Grade Oxygen Estimated at USD 8.98 Billion In the Year 2022, Is Projected To Reach A Revised Size Of USD 16.02 Billion By 2030, Growing At A CAGR Of 7.5% Over The Forecast Period 2023-2030.
The medical-grade oxygen market plays a vital role in healthcare, providing a crucial resource for patients suffering from respiratory ailments and other medical conditions. Medical-grade oxygen, often referred to as oxygen therapy, is utilized in various healthcare settings, including hospitals, clinics, nursing homes, and home care settings. It is essential for treating conditions such as chronic obstructive pulmonary disease (COPD), pneumonia, asthma, and respiratory distress syndrome (RDS). The market encompasses the production, distribution, and supply of oxygen in its purified form, meeting stringent quality standards to ensure safety and efficacy in medical applications.
Get Full PDF Sample Copy of Report: (Including Full TOC, List of Tables & Figures, Chart) @
https://introspectivemarketresearch.com/request/16595
Updated Version 2024 is available our Sample Report May Includes the:
Scope For 2024
Brief Introduction to the research report.
Table of Contents (Scope covered as a part of the study)
Top players in the market
Research framework (structure of the report)
Research methodology adopted by Worldwide Market Reports
Leading players involved in the Medical Grade Oxygen Market include:
Medtronic(Ireland), DeVilbiss Healthcare LLC (U.S.), Messer Group GmbH (Germany), Philips Healthcare (Netherlands), Invacare Corporation (U.S.), Air Products (U.S.), Linde PLC (Ireland), Gulf Cryo Saudi for Industrial & Medical Gases (U.A.E.), Nidek Medical (India), Terumo Medical Corporation (Japan), OrientMEd International (U.A.E.), Jacko Gases Company (Saudi Arabia) and Other Major Players.
Moreover, the report includes significant chapters such as Patent Analysis, Regulatory Framework, Technology Roadmap, BCG Matrix, Heat Map Analysis, Price Trend Analysis, and Investment Analysis which help to understand the market direction and movement in the current and upcoming years.
If You Have Any Query Medical Grade Oxygen Market Report, Visit:
https://introspectivemarketresearch.com/inquiry/16595
Segmentation of Medical Grade Oxygen Market:
By Product Type
Compressed gas systems
Portable oxygen concentrator systems (POCs)
Liquid oxygen systems
By Delivery type
Oxygen Delivery In Oxygen Concentrators
Continuous Flow Dose Deliver
Pulse Mode Delivery
By Indication
Stationary Oxygen Concentrators
Portable Oxygen Concentrators
By End User
General and Specialized Hospitals
Emergency Transports
Outpatient Units
Others
Market Segment by Regions: -
North America (US, Canada, Mexico)
Eastern Europe (Bulgaria, The Czech Republic, Hungary, Poland, Romania, Rest of Eastern Europe)
Western Europe (Germany, UK, France, Netherlands, Italy, Russia, Spain, Rest of Western Europe)
Asia Pacific (China, India, Japan, South Korea, Malaysia, Thailand, Vietnam, The Philippines, Australia, New Zealand, Rest of APAC)
Middle East & Africa (Turkey, Bahrain, Kuwait, Saudi Arabia, Qatar, UAE, Israel, South Africa)
South America (Brazil, Argentina, Rest of SA)
Importance of the Report :
• Qualitative and quantitative analysis of current trends, dynamics and estimates;
• Provides additional highlights and key points on various Medical Grade Oxygen market segments and their impact in the coming years.
• The sample report includes the latest drivers and trends in the Medical Grade Oxygen market.
• The report analyzes the market competitive environment and provides information about several market vendors.
• The report provides forecasts of future trends and changes in consumer behavior.
• Comprehensive fragmentation by product type, end use and geography.
• The study identifies many growth opportunities in the global Medical Grade Oxygen market.
• The market study also highlights the expected revenue growth of the Medical Grade Oxygen market.
Our study encompasses major growth determinants and drivers, along with extensive segmentation areas. Through in-depth analysis of supply and sales channels, including upstream and downstream fundamentals, we present a complete market ecosystem.
If you require any specific information that is not covered currently within the scope of the report, we will provide the same as a part of the customization.
Acquire This Reports: -
https://introspectivemarketresearch.com/checkout/?user=1&_sid=16595
About us:
Introspective Market Research (introspectivemarketresearch.com) is a visionary research consulting firm dedicated to assisting our clients to grow and have a successful impact on the market. Our team at IMR is ready to assist our clients to flourish their business by offering strategies to gain success and monopoly in their respective fields. We are a global market research company, that specializes in using big data and advanced analytics to show the bigger picture of the market trends. We help our clients to think differently and build better tomorrow for all of us. We are a technology-driven research company, we analyse extremely large sets of data to discover deeper insights and provide conclusive consulting. We not only provide intelligence solutions, but we help our clients in how they can achieve their goals.
Contact us:
Introspective Market Research
3001 S King Drive,
Chicago, Illinois
60616 USA
Ph no: +1-773-382-1047
Email: [email protected]
#Medical Grade Oxygen#Medical Grade Oxygen Market#Medical Grade Oxygen Market Size#Medical Grade Oxygen Market Share#Medical Grade Oxygen Market Growth#Medical Grade Oxygen Market Trend#Medical Grade Oxygen Market segment#Medical Grade Oxygen Market Opportunity#Medical Grade Oxygen Market Analysis 2023#US Medical Grade Oxygen Market#Medical Grade Oxygen Market Forecast#Medical Grade Oxygen Industry#Medical Grade Oxygen Industry Size#china Medical Grade Oxygen Market#UK Medical Grade Oxygen Market
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Argon Gas Market — Forecast(2024–2030)
Argon Gas Market Overview
Argon Gas Market is forecast to reach $597.5 million by 2030, after growing at a CAGR of 5.2% during 2024–2030. Cryogenic fractional distillation and gas chromatography are the most common methods for producing argon gas. Rising consumption and demand from the growing metal manufacturing industry for argon gas, coupled with increasing industrialization, especially in emerging economies are the major factors expected to drive the growth of the Argon Gas Market. Due to the rising demand for argon gas in numerous application segments such as electronics, stainless steel, and fabricated metalworking, the Argon Gas Market is expected to grow globally. Furthermore, technological innovation such as the increasing use of electrospray ionization mass spectrometry in the healthcare industry is anticipated to create new opportunities for the growth of the global argon gas industry in the forecast era. Argon gas finds extensive use in electronics manufacturing, particularly in the production of semiconductors and other electronic components. The trend is driven by the need for a controlled atmosphere during processes like sputtering and plasma etching.
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The semiconductor industry’s continuous growth is propelling the demand for high-purity Argon, contributing to market expansion. The healthcare sector is increasingly adopting Argon gas for medical applications, including cryopreservation and laser surgeries. Argon’s inert properties make it suitable for preserving biological samples, while its use in medical lasers ensures precision and minimal tissue damage. With advancements in medical technology, the healthcare industry is becoming a significant consumer of Argon gas, driving market growth.
Impact of Covid-19
The consequences of the pandemic are altering Argon Gas Markets, as some manufacturers are either shutting down or reducing their supply due to a lack of demand from the downstream industry. Thus, this has led to a decline in the market growth for argon gas over the year 2020–21.
Argon Gas Market Report Coverage
The: “Argon Gas Market Report — Forecast (2024–2030)”, by IndustryARC, covers an in-depth analysis of the following segments of the Argon Gas Market.
By Grade: Food Grade, Industrial Grade, Scientific Grade, and Others
By Mixture: Argon-carbon dioxide, Argon-oxygen, Argon-nitrogen, Argon-hydrogen, and Others
By Function: Insulation, Illumination, and Cooling
By Application: Manufacturing & Fabrication, Lighting, 3-D printing, Lasers, Gas dischargetubes, Cinematography, Refrigeration, Windows, Tire
By End-Use Industry: Chemical Industry, Healthcare Industry, Transportation Industry, Food & Beverage Industry, Electrical & Electronics Industry, and Others
By Geography: North America (U.S, Canada, and Mexico), Europe (U.K., Germany, France, Italy, Netherlands, Spain, Russia, Belgium, and Rest of Europe), APAC (China, Japan, India, South Korea, Australia, Taiwan, Indonesia, Malaysia, and Rest of Asia Pacific), South America (Brazil, Argentina, Colombia, Chile, and Rest of South America), and RoW (Middle East and Africa)
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Key Takeaways
● The Asia Pacific region dominated the argon gas market due to the rapidly growing fabrication industries and the rising demand for argon gas from the food & beverage and healthcare sectors.
● Increasing use of argon gas owing to its greater thermal protection properties than air, for filling the dry suits used for scuba diving is anticipated to increase the demand for the argon gas market in the forecast period.
● Since Argon gas provides the inert atmosphere needed for rapid material cooling and heating, it is used in the electronics industry for the manufacture of semiconductors, flat panels, solar PV cells and microelectronic devices.
● Rising cause of inert gas asphyxiation among the workers by the consumption of argon gas in the absence of oxygen is anticipated to decline the growth of the market.
Argon Gas Market Segment Analysis — By Grade
Industrial grade held the largest share in the argon gas market in 2023. In MIG and TIG welding methods and plasma cutting applications due to its high density and absolute inertness, industrial-grade argon gas is widely used as a welding gas. Industrial-grade argon gas is supplied in gas bottles and cylinders of various sizes to suit consumer needs. Industrial-grade argon gas has many different applications in many industries. The most common application is either in pure form or as part of different mixtures, as a shielding gas for arc welding. Industrial-grade argon gas is one of the major gases for incandescent (filament) lamps, phosphorescent tubes, and thyratron radio tubes used in filling mixtures. Thus, with the rising demand for industrial-grade argon gas, the overall market is anticipated to rise in the forecast period.
Argon Gas Market Segment Analysis — By Mixture
Argon-carbon dioxide mixture is widely used in the argon gas market. Argon-carbon dioxide is a colorless, odorless, and non-flammable gas mixture. Argon mixtures with carbon dioxide are universal and are ideal for low-treated and stainless steel welding. One of the key composite components of safe welding mixtures is argon. Protective gas protects the electrode, metal, and hot metal near the welding seam from the ambient air as well as enhances the welding process and increases the welding characteristics. Argon-carbon dioxide blends can be used to incorporate a large spectrum of material thicknesses with a number of metal transition modes. With the rising use of argon-carbon dioxide mixture due to its unique properties, the market for argon gas is estimated to rise over the projected period.
Argon Gas Market Segment Analysis — By Function
Insulation function is highly preferred in the argon gas market. Argon serves as a barrier to prevent the indoor heat from escaping, like most insulating materials. But unlike most gases, the higher density of argon has greater thermal efficiency. This slow-moving gas, keeping heat loss to a minimum, allows less convection. To improve the energy consumption and general performance of thermal windows, argon gas is used. Insulated windows that are filled with argon gas are less likely to produce condensation. This is particularly true in areas of high humidity, such as the kitchen and the bathroom. Although good energy conservation could be demonstrated by fogging on the exterior surface of the glass, excessive humidity could result in water damage. With argon, to prevent it from sweating, the middle and the edges of the window glass will remain above the dew mark.
Argon Gas Market Segment Analysis — By Application
Manufacturing & Fabrication sector held the largest share in the argon gas market in 2023 and is projected to grow at a CAGR of 4.7% during the forecast period 2024–2030. During arc welding, it is often used as a shielding gas, because it shields the metal that is being worked on from oxygen. TIG, which stands for ‘tungsten inert gas’, utilizes both pure argon and argon mixtures. Argon decreases the chromium losses in the manufacture of steel in a converter, ensuring the desired carbon content can be reached at a lower and lower temperature. In aluminum processing, argon is often used to extract and degasify hydrogen. Also, cryogenic fractional distillation is used for producing argon gas of high purity, which is further used for the manufacturing and fabrication of semiconductor devices. Therefore, the rising demand for argon gas from the manufacturing and fabrication sector will drive the market demand for argon gas to grow in the forecast period.
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Argon Gas Market Segment Analysis — By End-Use Industry
Automotive industry held the largest share of the argon gas market in 2023. Argon, due to its inert properties, is used in a wide variety of applications to help improve quality as well as maximize performance and yield in the manufacture of automotive parts. Owing to its alluring properties such as reduction or elimination of surface oxidation, improvement in part quality, decreasing scrap, and increasing efficiency and yields, it is used in a wide range of applications across automotive component manufacturing such as for welding, thermal, and plasma spraying, 3D printing, quenching, and others. Also, the most exotic use of argon is in the tires of luxury vehicles. Not only does the gas shield the tires from an oxygen attack, but it also provides less tire noise while the vehicle is moving at speed. With the rising automotive industry, the application of argon gas in the production of automotive components will also increase. According to the Association of Automobile Manufacturers (CAAM), China’s auto exports reached a record high of 4.91 million vehicles in 2023, up 57.9 percent year over year, as the nation’s automakers increased their global footprint. Thus, the rising demand for argon gas from the automotive industry is further estimated to raise the market growth.
Argon Gas Market Segment Analysis — Geography
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Argon Gas Market Drivers
Increasing Price of Helium is Driving the Demand for Argon as an Alternative for Various Applications
Helium is replaced by argon in various sectors. Due to the high cost relative to argon, which has low cost and also has large applications, rising helium prices are expected to propel argon demand in many regions. Argon is used instead of helium because of the rising demand in separate application categories, such as stainless steel, electronics, and industrial metalworking sectors. According to the Oil Prices News Article in 2023, Helium prices skyrocketed when expectations of an abundant supply were not met; depending on purity and grade, they can sell for $500 Mcf to $1,000/Mcf. Prices are still ambiguous and change from transaction to transaction. Argon may be replaced by helium in the welding process. Also, helium is commonly used as a shielding gas for non-ferrous welding. Instead of helium, argon may be used and is favored by some metal forms. Owing to the above factors, an increase in demand for argon as an alternative to helium will drive the market for argon gas in the forecast period.
Rising Demand for Argon Gas in the Healthcare Industry
Cryogenic fractional distillation is used for the production of large quantities of purified argon in the healthcare industry. Argon is a noble gas component that has shown valuable narcotic and defensive capability in the medical sector. In order to selectively kill small areas of diseased or unhealthy tissue, especially on the skin, Argon is used to conduct accurate cryosurgery, which requires intense cold. Very cold argon is generated by controlled expansion of argon gas at the site and is driven using a cryoneedle to the treatment stage. This gives the device greater control than older liquid nitrogen techniques. A similar technique, cryoablation, is used to treat heart arrhythmia by destroying cells that interfere with the normal distribution of electrical impulses. As an important technique in clinical laboratories, electrospray ionization mass spectrometry (ESI-MS) has arisen. The increasing growth of argon in healthcare industries is expected to influence major trends in the global argon gas market in the coming years.
Argon Gas Market Challenges
Health Effects of Argon Gas Acts as a Constraint Towards the Growth of the Market
Argon gas can be absorbed into the body through inhalation. This liquid evaporates very rapidly with the lack of containment, creating air supersaturation and a significant risk of suffocation while in confined areas. Argon gas has been categorized as simple inert gas asphyxiation. Excessive inhalation can lead to dizziness, nausea, vomiting, loss of consciousness, and death. Death can result from mistakes that prevent self-rescue in judgment, misunderstanding, or lack of consciousness. Unconsciousness and death can occur in seconds without warning at low oxygen concentrations. Also, contact with argon gas can irritate and burn the skin and eyes. Very high levels of argon can decrease the amount of oxygen in the air and cause suffocation with symptoms of headache, rapid breathing, and loss of coordination and judgment. Hence, various harmful effects of argon gas on humans will further create hurdles for the argon gas market in the forecast period.
Market Landscape
● Technology launches, acquisitions and R&D activities are key strategies adopted by players in the argon gas market. Major players in the argon gas market are Taiyo Nippon Sanso Corporation, The Linde Group, Iwatani Corporation, Messer Group GmbH, Air Liquid S.A., SABIC, BASF SE, Air Products, and Space Cryogases Private Limited. and Matheson Tri-Gas Inc. among others.
Acquisitions/Technology Launches
• In October 2023, Inox Air Products intends to invest between Rs 300 and Rs 500 crore to build a supply network and purifying facilities for gases used by Indian semiconductor production facilities. Inox Air Products has started making investments in the purification of raw gases, such as oxygen, nitrogen, argon, helium, nitrous oxide, methane, silane, and ammonia, that are currently available in India. We’ll transform these gases into ultra-high purity.
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Fitness Trackers Market to Register Highest Growth Due to Increasing Health Consciousness
The fitness trackers market has witnessed rapid adoption globally owing to the increasing popularity of wearable devices and growing health consciousness among consumers. Fitness trackers help track important health parameters such as calorie intake, heart rate, sleep patterns and daily steps taken. The devices are compact, lightweight and affordable, allowing users to conveniently monitor their health on a real-time basis. Key functions of fitness trackers include pedometer, calorie counter, sleep monitor and heart rate monitor. The Global Fitness Trackers Market is estimated to be valued at US$ 4,112.4 Mn in 2024 and is expected to exhibit a CAGR of 47.% over the forecast period 2023 to 2030. Key Takeaways Key players operating in the fitness trackers market are Pfizer Inc., Fibrogen Inc., BioMarin, Santhera Pharmaceuticals, PTC Therapeutics, NS Pharma Inc., Nobelpharma Co. Ltd., Bristol-Myers Squibb, Sarepta Therapeutics, and Eli Lilly and Company. The growing health consciousness among consumers has resulted in increased demand for fitness trackers in recent years. Fitness trackers allow users to track important health parameters and monitor calorie intake, which is encouraging many to follow a healthier lifestyle. Leading fitness tracker manufacturers are focusing on introducing innovative features like advanced sleep tracking, GPS, heart rate variability tracking and more to make the devices more useful for consumers. Technological advancements are also driving the fitness trackers market. Many new products now come equipped with features like smartphone notifications, menstrual cycle tracking, on-device music storage and others. Smartwatches with integrated fitness tracking capabilities are also gaining popularity. Continuous innovation in materials, design and technology will expand the capabilities of fitness trackers going forward. Market Trends Personalized coaching and guidance based on the data collected is one key trend gaining popularity in the fitness trackers market. Many devices now offer customized workout routines, nutrition plans and health tips tailored to the user's profile and activity patterns. Another major trend is the growing availability of medical-grade fitness trackers that can monitor critical health parameters like blood oxygen levels, blood pressure and ECG. Such medical-focused tracking devices are being used for remote patient monitoring and management of chronic conditions. Market Opportunities The untapped rural and semi-urban regions across major developing economies present significant growth opportunities for fitness tracker manufacturers. Penetration levels remain quite low in tier-2 and tier-3 cities as well as small towns. Growing health awareness even in remote areas coupled with rising internet access could help drive adoption. Another key opportunity lies in the elder care segment. Features catering to specific needs of senior citizens including fall detection, activity monitoring and medication reminders have the scope to gain popularity among the aging population globally. In terms of value, the fitness trackers market in North America accounted for the largest share globally backed by growing health awareness, rapid technological advancements and high disposable incomes. The United States dominated the region's market and is expected to continue leading over the forecast period with rising prevalence of lifestyle diseases and growing acceptance of smart wearables. Europe stood as the second largest region driven by high demand from countries like the United Kingdom, Germany and France. The Asia Pacific region is poised to be the fastest growing market over the next few years led by China, India and Japan. Factors like increasing health consciousness, large population base and growing e-commerce are driving the demand in Asia Pacific.
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Polyether Ether Ketone Market Trends and Incredible Growth Rate by 2023, Advance Technologies and Emerging Dynamics
Polyether Ether Ketone (PEEK) is a high-performance thermoplastic polymer that belongs to the family of polyaryletherketones. PEEK is a linear aromatic polymer with repeating units of oxygens, carbons, and ketones. It has excellent mechanical, thermal, and chemical properties, which make it a preferred material for a wide range of applications. PEEK is known for its high temperature resistance, with a glass transition temperature (Tg) of around 143°C and a melting point of around 343°C. It is also resistant to chemicals, hydrolysis, radiation, and flame. PEEK has excellent wear resistance, low friction, and high fatigue resistance, making it ideal for use in high-stress applications such as aerospace, automotive, medical, and electronics.
PEEK is also biocompatible, making it suitable for use in medical implants and devices. It is also used in high-performance parts such as gears, bearings, and seals. PEEK can be molded, extruded, and machined into complex shapes, making it easy to manufacture.
Major players operating in the global polyether ether ketone (PEEK) market include Zyex Ltd., Solvay S.A., Victrex plc, Panjin Zhongrun High Performance Polymers Co. Ltd., Caledonian Industries Ltd., Quadrant EPP Surlon India Ltd., Evonik Industries AG, and Jrlon Inc.
The increasing demand for high-performance materials in various end-use industries, such as aerospace, automotive, electronics, medical, and oil and gas, is driving the growth of the PEEK market. PEEK is used in the aerospace industry for structural components, electrical insulation, and bearings due to its high strength-to-weight ratio, excellent resistance to chemicals and temperature, and low flammability.
In the automotive industry, PEEK is used in engine parts, gears, and bearings due to its high thermal and wear resistance. In the electronics industry, PEEK is used in connectors, circuit boards, and semiconductor manufacturing due to its high dielectric strength and low outgassing.
In the medical industry, PEEK is used in orthopedic implants, dental implants, and surgical instruments due to its biocompatibility and excellent mechanical properties. The increasing demand for medical implants and devices is expected to drive the growth of the PEEK market in the coming years.
The Polyether Ether Ketone (PEEK) market has been experiencing steady growth over the past few years and is expected to continue growing in the foreseeable future. This growth is attributed to several factors, including:
1. Increasing demand for high-performance materials: PEEK offers excellent mechanical, thermal, and chemical properties, making it suitable for use in various high-performance applications. The increasing demand for high-performance materials in various industries, such as aerospace, automotive, electronics, and medical, is driving the growth of the PEEK market.
2. Growing demand from the medical industry: PEEK is a biocompatible material and is increasingly being used in medical implants and devices. The aging population, increasing prevalence of chronic diseases, and advancements in medical technology are driving the growth of the medical device industry, which, in turn, is expected to drive the growth of the PEEK market.
3. Increasing demand from emerging economies: The demand for PEEK is increasing in emerging economies, particularly in the Asia-Pacific region. Rapid industrialization, increasing disposable income, and urbanization are driving the growth of various industries in these regions, creating significant opportunities for the PEEK market.
4. Technological advancements: Technological advancements in PEEK manufacturing and processing are driving the development of new PEEK grades and applications, expanding the PEEK market.
The demand for Polyether Ether Ketone (PEEK) is driven by its excellent properties and its increasing use in various high-performance applications across industries. Some of the major factors driving the demand for PEEK are:
✦ Aerospace industry: The aerospace industry is a significant consumer of PEEK due to its high strength-to-weight ratio, excellent chemical and temperature resistance, and low flammability. PEEK is used in structural components, electrical insulation, and bearings, among other applications.
✦ Automotive industry: The automotive industry uses PEEK in engine parts, gears, and bearings due to its high thermal and wear resistance. The increasing demand for lightweight and fuel-efficient vehicles is driving the growth of the PEEK market in the automotive industry.
✦ Medical industry: PEEK is a biocompatible material and is increasingly being used in medical implants and devices, such as orthopedic and dental implants, and surgical instruments. The growing demand for medical implants and devices is driving the growth of the PEEK market in the medical industry.
✦ Electronics industry: PEEK is used in the electronics industry for connectors, circuit boards, and semiconductor manufacturing due to its high dielectric strength and low outgassing.
✦ Oil and gas industry: PEEK is used in the oil and gas industry for various applications, such as seals, bearings, and electrical insulation, due to its high temperature and chemical resistance.
Polyether ether ketone (PEEK) is a high-performance engineering plastic that offers numerous benefits in various industries. Here are some of the key benefits of PEEK:
★ High Temperature Resistance: PEEK is highly resistant to high temperatures and can withstand continuous exposure to temperatures up to 260°C (500°F). This makes it ideal for use in high-temperature applications such as aerospace, automotive, and oil and gas industries.
★ Chemical Resistance: PEEK is highly resistant to a wide range of chemicals, including strong acids and bases, solvents, and hydrocarbons. This makes it ideal for use in chemical processing, medical, and pharmaceutical industries.
★ Mechanical Strength: PEEK has excellent mechanical strength and stiffness, which makes it ideal for use in applications that require high strength-to-weight ratios. It is also highly resistant to abrasion and wear, making it suitable for use in bearings, gears, and other high-wear applications.
★ Biocompatibility: PEEK is biocompatible, which means it is suitable for use in medical and dental applications such as implants and prosthetics.
★ Electrical Properties: PEEK has excellent electrical properties, including high dielectric strength, low dielectric constant, and high insulation resistance. This makes it ideal for use in electronic and electrical applications such as connectors, switches, and insulators.
★ Lightweight: PEEK is lightweight, which makes it ideal for use in applications where weight reduction is critical, such as aerospace and automotive industries.
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Industrial Oxygen market : Trends, and Opportunity Analysis by Future Market Insights
Future Market Insights (FMI), in its new publication, offers a perspective on the future trajectory of the global industrial oxygen market for the period between 2019 and 2029. As per the report, global sales of industrial oxygen reached ~380 million tons in 2018, equaling revenues worth ~US$ 45 Mn. With rapid growth in steel production to meet the demand from upcoming infrastructural projects, industrial oxygen manufacturers are hard-pressed to adopt advanced technologies, to enhance their production capacities.
Market players have been strategically establishing air separation unit (ASU) production facilities, especially in developing countries, in partnership with local manufacturers. The report suggests that these partnerships aim to address the bulk requirements of industrial oxygen and other industrial gases in a whopping number of steel projects. However, industrial oxygen manufacturing uses tremendous amount of electricity and requires large and sophisticated equipment to separate, purify, and store these gases, which represent a threat to the steady growth of the market.
Key Players Explore Untapped Markets to Drive Sales Opportunities
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FMI’s study finds that the industrial oxygen market is likely to grow at a CAGR of ~6% through 2029. One of the recent trends in the market is cracking the code of M&A activities with regional stakeholders to reduce transportation expense and supply loads, which in turn, reduces the overall cost for end users. With variation in the demand from different end users, compressed oxygen gas in single cylinders, which continues to be a low-cost, versatile method of oxygen supply, are likely to witness significant sales even in cost-sensitive markets. However, liquefied oxygen will continue to gain momentum in a multitude of industries, attributing to its high convenience quotient in terms of transportation and storage, irrespective of volume.
According to the study, innovations have been forthcoming for application of high-purity (>99%) industrial oxygen in a number of non-traditional areas. The market has been benefiting from rising demand for food-grade industrial gases that not only comply with the food grade standards but also help maintain the freshness of end products. Further, considering the limiting features of conventional stationary oxygen concentrators for patients with chronic obstructive pulmonary disease (COPD), market players mainly operating in medical gases sector are working on portable oxygen concentrators.
As industrial oxygen remains critical to the successful operations of a variety of manufacturing processes in steel and chemical industries, significant focus has been placed on the development of large-scale cryogenic air separation technology. Representing revenue share of ~70%, cryogenic air separation process of industrial oxygen continues to witness higher investments and innovations, according to the study.
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The Complete Guide to Buying Medical Equipment for Home | US 2022
Introduction: Why Should You Buy Medical Equipment for Home?
Medical equipment is a must-have for those who are living at home. If you’re looking for the best medical equipment for your home, then there are a few things that you should know. First of all, it is important to understand the difference between medical equipment and medical devices. Medical devices used in hospitals, clinics and at homes. Medical equipment is used in hospitals and clinics only. Second of all, it is important to know what kind of medical device or equipment you need. For example, if you need a blood pressure monitor or an oxygen concentrator, then these devices will be more expensive. Products like a bedside commode or an electric wheelchair which are less expensive. Finally, it is important to consider the cost of the device and its suitability for the tasks that it will handle.
What is the Difference Between Hospital Grade & Home Use Medical Equipment?
The difference between hospital grade and home use medical equipment is the quality of the product. Hospital grade equipment is typically more expensive and made to use in a hospital setting. Home use equipment, on the other hand, is cheaper and designed to use in a home setting. Home use medical equipment is what most people are accustomed to seeing. It is used in the home, but not made for an institutional setting. The quality of this type of equipment varies greatly. There are many different types of medical equipment for home use. Some of these include: - Blood pressure monitors - Oxygen tanks - Wheelchairs - Walkers - Beds What are the Best Medical Equipment Brands on the Market? The market for medical equipment is huge. There are many brands that offer great quality to their customers. It is very difficult to find the best medical supplies when one has not done the proper research. We provide you with a list of top 10 brands of medical equipment in the market right now. The 10 best-selling brands in medical equipment for home are: 1. Carex Health Brands 2. Mabis 3. Medline Industries, Inc. 4. Convatec 5. OOLER 6. Coloplast 7. Smith & Nephew 8. Kendall Healthcare 9. Oasis Space 10. Apex Medical
Top 5 Medical Innovations to look for in 2022
Who Really Use Medical Equipment for Homes
The use of medical equipment for homes has increased in the last decade. The use of these devices has helped people with disabilities to live independently. It has given them an opportunity to lead a normal life. There are many reasons why people choose to get home medical equipment. One of the most common ones is that they want to avoid hospital visits and do not want to go through the hassle of commuting back and forth from their home to a hospital or clinic for treatment. Some people choose this option because they want to avoid the stigma that comes with being in a hospital or clinic environment, or because they do not have any other option available when it comes to receiving healthcare services closer than their local hospital or clinic. The most common devices used at home are oxygen concentrators, wheelchairs, and other mobility aids.
Medical Equipment for Home Use Bestsellers Products
Medical equipment for homes is an important part of the healthcare system. The medical equipment for homes bestsellers products are designed to make it easier and more comfortable for patients to recover at home. The medical equipment bestsellers products are designed to make it easier and more comfortable for patients to recover at home. Its difficult to know which product is right for you, There are some general guidelines that can help you decide. For example, if you have a chronic illness or need assistance with daily living tasks, then you may want to consider a wheelchair ramp or adjustable bed. If your mobility is limited due to age or injury, then a walker might be the best option. Below are 10 bestsellers products of Medical Equipment for Homes available at Amazon.com 1. Carex Health Brands 3.5 Inch Raised Toilet Seat with Arms - For Elongated Toilets, Elevated Toilet Riser with Removable Padded Handles, Easy On and Off, Support 250 lbs, White
Carex Health Brands The Carex Health Brands 3.5 Inch Raised Toilet Seat with Arms - For Elongated Toilets, Elevated Toilet Riser with Removable Padde is a product that can be purchased from Walmart. It has been designed to provide the user with a comfortable toilet seat that is easier to get on and off of. This product is designed for elongated toilets and features a raised height of 3.5 inches. The seat itself has an armrest which provides additional support for those who need it and the toilet seat can be removed if it is needed for cleaning purposes. - Color - White - Brand - Carex Health Brands - Material - Plastic - Shape - Oval - Item Dimensions LxWxH - 13.5 x 18.9 x 3.5 inches - Item Weight - 3.9 Pounds Buy Now On Amazon 2. MABIS Medic-Kit5 EMT and Paramedic First Aid Kit with 5 Calibrated Nylon Blood Pressure Cuffs, Sizes Included: Large Adult, Adult, Child, Infant and Thigh, Blue
MABIS Medic-Kit5 The MABIS Medic-Kit5 EMT and Paramedic First Aid Kit with 5 Calibrated Nylon Blood Pressure Cuffs, Sizes Included: Large Adult, A is a great kit for any first aid kit. It has everything you need to make sure you can take care of your patients in the field. This kit includes five calibrated nylon blood pressure cuffs that come in different sizes to fit everyone from children to adults. This is a great feature as it ensures that you will always have the right size cuff to use on your patient. The MABIS Medic-Kit5 EMT and Paramedic First Aid Kit with 5 Calibrated Nylon Blood Pressure Cuffs, Sizes Included: Large Adult, includes a stethoscope as well. - Brand - Mabis - Item Dimensions LxWxH - 15.8 x 4.2 x 11.7 inches - Item Weight - 3 Pounds Buy Now On Amazon 3. Medline FitRight Super Adult Incontinence Underwear, Maximum Absorbency, Large, 40"-56", 4 Packs of 20 (80 Total) FIT33505A
Medline FitRight Super Adult Incontinence Underwear, Maximum Absorbency The Medline FitRight Super Adult Incontinence Underwear, Maximum Absorbency, Large, 40"-56", 4 Packs of 20 (80 Total) FIT33505A are a good buy for those who need a product that is durable and reliable. These are made with strong materials to ensure that they will not break easily. The products are designed to be comfortable and absorbent so they will not fail when put into use. This product is ideal for those who need a reliable and durable product that can handle any task thrown at it. - Soft, flexible anti-leak guards - Sensisoft fabric is silky soft and very comfortable - Linear Embossed core with odor control - Inner absorbent layer wicks moisture away from skin - Trim, body-contoured design Buy Now On Amazon 4. ConvaTec Aloe Vesta Cleansing Foam 8 oz (Pack of 3)
ConvaTec Aloe Vesta Cleansing Foam from ConvaTec is a gentle, fragrance-free, and soap-free cleanser that is specially formulated to clean and moisturize the skin. The foam has a rich lather that leaves the skin feeling clean and fresh. The product can be used on sensitive skin or as a hand soap. The cleanser contains colloidal oatmeal which provides relief from itching due to dryness or contact with irritating substances. It contains Aloe Vera which soothes irritated skin and calms down any redness or inflammation. It contains glycerin which moisturizes the skin for up to 24 hours after use. - Item Form - Foam - Use for - Face - Brand - ConvaTec - Recommended Uses For Product - Cleansing - Special Ingredients - Collagen, Aloe Vera Buy Now On Amazon 5. ChiliSleep OOLER Sleep System – Cooling and Heating Mattress Pad – Precise Temperature Control, Perfect Sleep Regulation, App and Sleep Schedule Integration ChiliSleep OOLER Sleep System The ChiliSleep Mattress Pad from Ooler is a cooling and heating mattress pad which is designed to regulate the temperature of your bed, making sure that you sleep comfortably. It has the ability to cool or heat depending on what you need to get a good night's sleep. The ChiliSleep Mattress Pad will fit any size bed and comes with two wireless controllers. You can have one by your side. This mattress pad has a temperature control system which helps you regulate your sleeping temperature to give you the perfect level of warmth. You can use it with an app on your phone to remotely control the temperature of your bed. - Size - Half Queen (80" L x 30" W) - Material - Polyester, Polyester Blend - Brand - OOLER - Closure Type - Pull On - Fabric Type - Includes New Chilipad Cool Mesh Pad Buy Now On Amazon 6. Coloplast Critic-Aid Clear Moisture Barrier Ointment - 6 Ounce Tube - Pack of 2
The Coloplast Critic-Aid Clear Moisture Barrier Ointment Coloplast Critic-Aid Clear Moisture Barrier Ointment is a clear, fragrance-free ointment that provides protection to sensitive skin. It is formulate to keep the skin moist and comfortable. This product is for people with sensitive skin, who need protection from moisture and irritation. It helps in protecting against bacteria, viruses, allergens and irritants. - Brand - Coloplast - Specific Uses For Product - Diarrhea - Item Form - Cream, Ointment - Product Benefits - Moisturizing - Unit Count - 2 Count Buy Now On Amazon 7. Smith & Nephew CICA-Care Self-Adhesive Silicone Gel Sheet for Scar Management, Wound Care Product, 5 inches x 6 inches (Box of 10 Sheets)
The Smith Nephew CICA Smith & Nephew CICA-Care Self-Adhesive Silicone Gel Sheet for Scar Management, Wound Care Product, 5 inches x 6 inches (Box of 10) is a product that provides a protective cover for wounds and scars. It is made from medical grade silicone gel which is hypoallergenic and non-irritating. The Smith & Nephew CICA-Care Self-Adhesive Silicone Gel Sheet for Scar Management, Wound Care Product, 5 inches x 6 inches (Box of 10) used to protect wounds and scars from dirt and other contaminants. The product helps in the healing process by providing a moist wound environment which helps in the regeneration of tissues. - SILICONE GEL SHEET FOR SCAR MANAGEMENT - FLEXIBLE USE & EASY REMOVAL - SELF-ADHESIVE & REUSABLE - Brand Name - Smith & Nephew Buy Now On Amazon 8. Kendall Healthcare Telfa Adhesive Island Dressing 4" W x 14" L (Box of 25 Each)
The Kendall Healthcare Kendall Healthcare Telfa Adhesive Island Dressing is a sterile, non-adherent, semi-occlusive, pressure-relieving wound dressing. Design is to provide an airtight seal over the wound with a secure adhesive border. This dressing is contraindicate for wounds that require exudate or drainage management and wounds that are infected or irritated. - Box of 25 Each - gauze - HCPCS: A6220 Buy Now On Amazon 9. Oasis Space Aluminum Rollator Walker, with 10'' Wheels and Seat Compact Folding Design Lightweight Baking (Blue)
The OasisSpace Aluminum Rollator Walker Oasis Space Aluminum Rollator Walker, with 10'' Wheels and Seat Compact Folding Design Lightweight Baking (Blue) is a product that can be used to provide mobility for people who are limited in their ability to walk. The product has a lightweight design and features 10 inch wheels. It has a seat that folded for easy storage. This product design for people who need the ability to move around but with limited mobility. It is lightweight and compact. That make it easy to store when not in use. Read the full article
#APEXLEGENDS#BestMedicalEquipmentBrands#BestMedicalSupplies#bloodpressuremonitor#carexhealth#ChiliSleepMattressPad#ColoplastCritic-Aid#convatec#Devices#homeusemedicalequipment#hospitalfurniture#Hospitalgradeequipment#KendallHealthcare#labequipment#mabix#medicaldevices#MedicalEquipment#MedicalEquipmentForHome#MedicalEquipmentForHomeUS2022#MedicalEquipmentforHomeUse#medline#OasisSpace#OxygenConcentrator#Smith&Nephew#surgicalinstruments
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Oxygen Scavengers Market Size, Trends, SWOT, PEST, Porter’s Analysis, For 2021–2028
Oxygen Scavengers Market Report offers an industry-wide analysis of the market, including precise assessment of the demand for the Oxygen Scavengers Market and accurate market insights that allow readers to identify the existing opportunities and threats and optimize their investments. It offers the global sector across key regional markets and gives an extensive investigation and statistical analysis of vital market elements. The study also performs an elaborate industry-wide competitive analysis, highlighting the major companies in the Oxygen Scavengers Market that regulate a substantial portion of the global market share and infers beneficial prospects and hurdles to help the reader invest wisely.
Leading Companies Profiled in the Report are: Swann-Morton Limited, Hill-Rom, PL Medical Co. LLC., VOGT Medical, Hu-Friedy Mfg. Co., LLC, Braun Melsungen AG, Kai Industries Co., Ltd., Beaver-Visitec International, MYCO Medical, Inc., Medicom, Huaiyin Medical Instruments Co., Ltd, Cincinnati Surgical Company Inc., SouthMedic, Surgical Specialties Corporation, Havel\'s Inc. Get the sample copy of the report @ https://www.reportsanddata.com/sample-enquiry-form/3928 Global Oxygen Scavengers Market: Segmentation
The report consists of forecasts for the Oxygen Scavengers market at the global, regional, and country levels. The report contains analysis of trends in each segment of the market for the period from 2018 to 2028. For this study, Reports and Data has segmented the global Oxygen Scavengers market based on material, product type, and end-user as follows.
By Material (Revenue, USD Million, 2018–2028)
Stainless Steel
High-grade Carbon Steel
By Product Type (Revenue, USD Million, 2018–2028)
Sterile
Non-sterile
By End-user (Revenue, USD Million, 2018–2028)
Hospitals
Clinics
Ambulatory Surgical Centers
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Major Points Covered in the Report:
The report includes a vast range of points including major players in the global as well as domestic and private players that are engaged in various aspects of the supply chain. These include raw material suppliers, equipment and machinery manufacturers, suppliers, end users, traders and vendors, and distributors etc.
It also includes complete profiles of companies along with financials, production capacity, sales volume, sales revenue, gross, gross margin, consumption, revenue growth rate, import, export, supply, strategies for growth, and technological developments.
The various factors driving market growth along with rationale and supporting information, as well as restraints to market growth are also provided in a similar manner. In addition, the report offers insights into potential revenue opportunities and threats in regions and countries, as well as government support and funding that can aid in expansion of market footprint and revenue growth going ahead.
Data and information of major players in the market are provided on the basis of region, type, application, end use, etc., and this can be further customized as per specific requirement or need.
SWOT analysis is also provided to offer a clearer understanding and identify strengths, weaknesses, opportunities, and threats related to business competition.
Key Questions Answered in the Report:
What is the expected yearly or CAGR of the global Oxygen Scavengers market during the forecast period?
Which regional segment is expected to account for highest or lowest revenue share in the global Oxygen Scavengers market?
What are the primary driving factors for growth of the global Oxygen Scavengers market?
What are the challenges and restraints faced by prominent and established players as well as new entrants in the global Oxygen Scavengers market?
Which trends (current and future) are likely to offer promising growth prospects in the next few years?
How competitive is the landscape of the global Oxygen Scavengers market currently as well as ahead?
What are the key driving factors for revenue growth of each segment in regional or the global Oxygen Scavengers market?
How has the COVID-19 impacted growth of the market?
Which latest trends are expected to offer potential growth prospects in the coming years?
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Thank you for reading our report. To inquire about customization options or for any queries about the report, please get in touch with us. Our team will make sure the report is best suited to your needs. About Us:
Reports and Data is a market research and consulting company that provides syndicated research reports, customized research reports, and consulting services. Our solutions purely focus on your purpose to locate, target and analyse consumer behaviour shifts across demographics, across industries and help client's make a smarter business decision. We offer market intelligence studies ensuring relevant and fact-based research across a multiple industries including Healthcare, Technology, Chemicals, Types, and Energy. We consistently update our research offerings to ensure our clients are aware about the latest trends existent in the market.
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TOP 10 PSC CODES IN 2020
If you’re a small business owner and have been trying to get into the federal arena, you are probably familiar with the North American Industry Classification (NAICS) code. It is very important in terms of gaining visibility to the government but did you know that the Product Service Codes are just as important?
One of the reasons why business owners get lost in government contracting is because of the overwhelming variety of products and services needed by the agencies.
PSCs can help a business easily describe what they can offer to the government buyers, as they are straightforward and also narrower compared to NAICS codes.
Most business owners think their companies stand out from their competition, but only a few have actually attempted to validate that.
Find your competitive advantage by getting to know the marketplace. This could expand potential opportunities for you and your company. With that in mind, here’s a list of the top 10 PSC codes that have dominated 2020 and what they offer to the market.
1. 1510
Aircraft, Fixed Wing
This code pertains only to complete aircraft which means end items, assemblies, parts, attachments, or accessories for use in or on fixed-wing aircraft are classified in classes other than this class.
2. R425
Professional: Engineering/Technical
This is designated for engineering and technical services. Under this category are services that offer systems engineering, technical assistance, and other services used to support the program office during the acquisition cycle. This excludes language translation and sign language interpretation.
3. 1905
Combat Ships and Landing Vessels
This code includes aircraft carriers; battleships; cruisers; destroyers; submarines; frigates and corvettes; gunboats; motor torpedo boats; sub chasers; landing barges; minelaying and mine sweeping craft.
4. R499
Support- Professional: Other
Services in this category offer advisory management. Businesses that fall under this are wide-ranging. One of the few possible NAICS codes for this is engineering services, environmental consulting services, and other computer-related services.
5. 1410
Guided Missiles
This class includes only complete guided missiles, with or without warheads and explosive components, whether in assembled or unassembled form. Complete drones, initially designed as missiles, but converted to drone use, are also part of this code.
End items, assemblies, parts, attachments, or accessories for use in or on guided missiles are classified in classes other than this class.
6. 6505
Drugs and Biologicals
This code refers to establishments that provide all drugs, medicinal grade chemicals, and biologicals subject to the Federal Food, Drug and Cosmetic Act, listed in the Monograph section of the U.S. Pharmacopeia or the National Formulary or covered by the United States Adopted Names (USAN). The items in this category, however, must be formulated for human use only.
Medicated cosmetics and toiletries classifiable in FSC 6508 and in vitro diagnostic substances and reagents classifiable in FSC 6550, and Veterinary Drugs and Biologicals classifiable in FSC 6509 are excluded from this class.
7. D399
IT and Telecom- Other IT and Telecommunications
This refers to establishments that offer IT and telecommunication services, as the name states. This category comprises services that offer any form of electronic information use and transmission.
8. Q201
Medical- General Health Care
This code is also self-explanatory, as it pertains to general health care services. Possible NAICS codes under this category are general medical and surgical hospitals, temporary help services, and home health care services.
9. M1JZ
Operation of Miscellaneous Buildings
Codes under M1 are designated for companies that operate on government-owned buildings. Most of the industry titles under the M1 classification are specified. This code, on the other hand, refers to the construction of buildings that may not particularly fall into other categories, hence the term miscellaneous.
10. 6515
Medical and Surgical Instruments, Equipment, and Supplies
The items offered in this class include anesthesia apparatus, blood transfusion apparatus, oxygen therapy apparatus, respirators, orthopedic supplies, arch supports, clinical thermometers, sutures, hearing aids, veterinary equipment, endoscopes, fiber optic. The ophthalmic instruments and non-medical endoscopes, however, are not included.
RESOURCES
The ranking from this article was taken from usaspending.gov. Federal awards in 2020 were categorized by their PSC codes and were then listed from highest to lowest, according to their respective cumulative amount obligated by the federal government.
To learn more about PSC codes and how to use them, check this video entitled, What is a PSC (product service code) and how to use it? to know your way around the industry and find your competitive edge.
The information found in this article is taken from the Products and Service Codes Manual, wherein the products, services, and research and development (R&D) purchased by the federal government were described according to its specified code. For more contents like this, visit www.govcongiants.com for more info.
#1410#1510#1905#6505#6515#D399#Federal Arena#Federal Awards#Government Contracting#M1JZ#NAICS Code#Product Service Codes#PSC Codes#PSC Codes In 2020#Q201#R425#R499#Small Business Owner
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Market Forecast for Medical Microscopes and Atomic Force Microscopes
The atomic force microscopy market is expanding fast with a number of exciting applications. It is expected to grow at an unprecedented rate in the coming years. The report "atomic force microscopy market research analysis by offering (AFM, software), grade (atomic force microscopy market research by applying grade techniques), applications (phthalarist and biophysicist tools), and region (Asia Pacific, Middle East, and North America." is being evaluated at USD 439 million by 2022 and is expected to reach USD 615 million by 20 2022.
The market is expanding worldwide, thanks to advances in the science of microscopy. The report states that," Atomic Force Microscopy is used for many applications in medicine and biotechnology research. In particular, it is a critical tool in the field of neuroscience research, such as neurology, neurophysiology, neuropsychology, psychology, developmental science, adult stem cells, and neuroscience/psychology." The market is also expanding into the life sciences and the industrial research grade fields. It is predicted that the demand will continue to grow exponentially in coming years due to the fact that the medical community is always looking for new methods to improve their techniques and procedures.
https://www.reportmines.com/veterinary-patient-monitoring-equipment-market-in-vietnam-r184976
https://www.reportmines.com/veterinary-patient-monitoring-equipment-market-in-malaysia-r184977
The market and the industry are based on solid inorganic growth strategies that are anticipated to continue for the foreseeable future. The growth rate is accelerating due to the current focus inorganic technologies and materials. The market is currently focused on the technology development for the next five years. This is based on the forecasts that there are several key milestones in the inorganic growth strategies such as the atomization of carbon, nitrogen, oxygen, and phosphorus. These all represent key milestones that provide the opportunity to advance the atomization of silicon and oxygen based compounds to a specific thickness level at which the atomic force microscopy market can begin to develop.
The global outlook for the semiconductor industry is positive. The sales of atomic force microscopes are expected to grow between three to four percent annually over the next five years. This growth is primarily based on the efforts of the semiconductor industry to develop and commercialize the next generation advanced microscopes. The commercialization of these highly technically advanced microscopes is contingent upon the successful development and successful marketing of these highly developed tools.
https://www.reportmines.com/veterinary-patient-monitoring-equipment-market-in-uk-r184978
https://www.reportmines.com/veterinary-patient-monitoring-equipment-market-in-italy-r184979
Based on the forecasts in the above forecast, we can project that the global market for high performance ultra compact quantum chemicals including cryogenic materials will continue to expand in accordance with increases in the demand for cryogenic processing and superconductor materials. We can also project that the global market for solid state devices including solid-state batteries and devices will continue to grow between three to four percent annually. Based on the material markets we can also expect that the gross revenues from the sale of the material will grow between three to four percent annually. This is a positive response to the forecast presented above. It is important to note that even with this positive response, the overall gross revenues for the semiconductor industry will remain flat over the next twelve months.
During the forecast period, strong increases in the global demand for 3d imaging techniques will drive the growth of the market for cagr equipment. This demand is fueled by the need to create high quality digital images and films from high resolution CT scans of soft tissues and organs. The high resolution and high speed capabilities of modern CT scanner enable the creation of large format images and films from thin sheets of tissue. The ability to utilize existing imaging media and deliver high quality images to medical centers worldwide will contribute to the growth of the market for cagr equipment.
https://www.reportmines.com/veterinary-patient-monitoring-equipment-market-in-france-r184980
While growth is expected in the total number of users and revenues generated in the 3d imaging and diagnostic markets, strong growth is also predicted in the field of nanotechnology applications in nanoscale science and devices. This is due to two main reasons. First, the increase in computer power in personal computing devices has increased the speed and accuracy of image and data recording in many cases. Second, the increasing role of nanotechnology in the health care industry will bring a need for standardization in materials used in such applications.
Summary
The report forecast global Atomic Force Microscopy (AFM) market to grow to reach xxx Million USD in 2019 with a CAGR of xx% during the period 2020-2025 due to coronavirus situation.
The report offers detailed coverage of Atomic Force Microscopy (AFM) industry and main market trends with impact of coronavirus. The market research includes historical and forecast market data, demand, application details, price trends, and company shares of the leading Atomic Force Microscopy (AFM) by geography. The report splits the market size, by volume and value, on the basis of application type and geography.
First, this report covers the present status and the future prospects of the global Atomic Force Microscopy (AFM) market for 2015-2024.
And in this report, we analyze global market from 5 geographies: Asia-Pacific[China, Southeast Asia, India, Japan, Korea, Western Asia], Europe[Germany, UK, France, Italy, Russia, Spain, Netherlands, Turkey, Switzerland], North America[United States, Canada, Mexico], Middle East & Africa[GCC, North Africa, South Africa], South America[Brazil, Argentina, Columbia, Chile, Peru].
At the same time, we classify Atomic Force Microscopy (AFM) according to the type, application by geography. More importantly, the report includes major countries market based on the type and application.
Finally, the report provides detailed profile and data information analysis of leading Atomic Force Microscopy (AFM) company.
Key Content of Chapters as follows (Including and can be customized) :
Part 1:
Market Overview, Development, and Segment by Type, Application & Region
Part 2:
Company information, Sales, Cost, Margin etc.
Part 3:
Global Market by company, Type, Application & Geography
Part 4:
Asia-Pacific Market by Type, Application & Geography
Part 5:
Europe Market by Type, Application & Geography
Part 6:
North America Market by Type, Application & Geography
Part 7:
South America Market by Type, Application & Geography
Part 8:
Middle East & Africa Market by Type, Application & Geography
Part 9:
Market Features
Part 10:
Investment Opportunity
Part 11:
Conclusion
Market Segment as follows:
By Region
Asia-Pacific[China, Southeast Asia, India, Japan, Korea, Western Asia]
Europe[Germany, UK, France, Italy, Russia, Spain, Netherlands, Turkey, Switzerland]
North America[United States, Canada, Mexico]
Middle East & Africa[GCC, North Africa, South Africa]
South America[Brazil, Argentina, Columbia, Chile, Peru]
Key Companies
Bruker Corporation
JPK Instruments
NT-MDT
Keysight Technologies
Park Systems
Witec
Asylum Research (Oxford Instruments)
Nanonics Imaging
Nanosurf
Hitachi High-Technologies
Anasys Instruments
RHK Technology
A.P.E. Research
Market by Type
Contact AFM
Non-contact AFM
Dynamic contact AFM
Tapping AFM
Market by Application
Life Sciences and Biology
Semiconductors and Electronics
Nanomaterials Science
Others
Frequently Asked QuestionsWhat is the USP of the report?
Global Atomic Force Microscopy Market report offers great insights of the market and consumer data and their interpretation through various figures and graphs. Report has embedded global market and regional market deep analysis through various research methodologies. The report also offers great competitor analysis of the industries and highlights the key aspect of their business like success stories, market development and growth rate.
What are the key content of the report?What are the value propositions and opportunities offered in this market research report?Related Reports
Global Atomic Absorption Spectroscopy Market
Global Assembly Unit Market
Global Asphalt Modifiers Market
Global Asparaginase Market
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Global Beverage Grade Gas Market Size , Increase Demand, Latest Trend, Share, Growth Rate, Focusing Study & Research Report 2027
The global Beverage Grade Gas market was valued at US$ 8,041.8 Mn in 2020, estimated to reach US$ 12,722.8 Mn in 2027 with a CAGR of 7.0% from 2021-2027.
Market Drivers: High adoption due to Benifits associated with bevarage gas
Beverage grade gases like nitrogen are passed through liquid products particularly cooking oil to reduce dissolved oxygen & achieve good quality. Nitrogen gas is used as a propellant in aerosol dispensed food products including creams & cheeses a well as to create microbubbles in desserts for improving texture and inducing fluffiness. Increasing demand for nitrogen in beverage industry for processing on account of the aforementioned properties is expected to have a positive impact on the market over the next seven years. Large oxygen controlled bulk stores for fruits & vegetables are finding applications in the food and beverage sector for increasing shelf life.
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Market Challenges: Safe & Proper Handling of Food-grade gases
Food-grade gases must be controlled & readily available at the point of use, and the means of delivery is critically important to ensure system compatibility and safe transportation. A variety of storage containers are used for this purpose such as bulk containers, cryogenic cylinders, gas cylinders, and glass bottles. All the storage containers require safe and proper handling of the stored gases is essential. This is a major challenge faced by food-grade gases manufacturers, in order to prevent hazard & environment risks associated with these food-grade gases. This factor hinders the market growth and its impact is very high.
Market Opportunities: Acquisition creates new opportunities in the market
The companies operating in the market are focusing to expand its business presence through acquis ion strategy. For instance, In April 2018, Airgas is (a division of Paris, France-based Air Liquide S.A.), an American supplier of industrial, medical and specialty gases, has acquired Carbonic Systems distributor of food and beverage gases based in Grand Rapids, Michigan. Carbonic Systems Inc. is a regional provider of beverage-grade and food-grade carbon dioxide and nitrogen, sold to Airgas, a supplier of industrial, medical and specialty gases and welding equipment.
In November 2019, Central McGowan, a supplier of gases and equipment/technology for the manufacturing, welding, medical, and food and beverage industries has acquired Jasons Beverage Carbonation Company, located in St. Paul, the U.S. The acquisition allows Central McGowan doubles the company’s CO2 Solutions business. In addition, the acquisition complements a core business of Central McGowan & expands not only its footprint and buying power but also its experience in the CO2 Solutions business. The addition of Jasons will grow distribution of ColdZERO—Central McGowan’s own brand of dry ice which is manufactured daily at its St. Cloud location using Cold Jet’s newest technology for the highest density dry ice rice available.
Beverage Grade Gas Market, By Gas Type
Carbon Dioxide has been accounted for the highest market share in 2020. Carbon dioxide (CO2) is used for the carbonation of beers & renders a sparkle and tangy taste while also preventing spoilage. Large-scale breweries typically install Carbon dioxide (CO2) reclamation equipment in their breweries which capture the Carbon dioxide (CO2) generated during fermentation process. According to information given by The Brewers of Europe, the European beer production in 2017 reached its eight-year high. The growing number of independent and microbreweries contributing to the growth of market.
Beverage Grade Gas Market, By Beverage Type
Cider beverage type is expected to grow at rapid pace over the forecast period. This is due to ring consumption of cider over the forecast period. In addition, companies operating in cider beverages type, are focusing to offer new products. This also creates new opportunities for beverage grade manufactures. For instance, in August 2020, Californian winery Limerick Lane Cellars launched a new wine brand in the United States, packaged in aluminum bottles. In December 2019, E. & J. Gallo Winery had announced its plan to modify its agreement with Constellation Brands Inc. announced in 2019, for the purchase of a portfolio of wine brands, along with 6 winemaking facilities located in California, Washington & New York.
Beverage Grade Gas Market, By Region
Europe has accounted for the highest market share in 2020 due to high consumption of beverage such as cider and soft drink.
APAC region is expected to grow at the highest rate during 2021-2027. The APAC region is expected to witness growth due to the shift from beer to cider on account of nutritional benefits owing to the increase in health-conscious consumers. The evolving trend of fruit sourced ingredients across various product categories, particularly in beverages, has surged the market for fruit-flavored alcohol. Countries such as India & China are predominantly witnessing high demand for apple sand fruit-flavored ciders.
Recent Developments:
In January 2021: Gulf Cryo had unveiled its plans for CO2 (Carbon Dioxide) recovery plant in Saudi Arabia. Gulf Cryo will procure, install & operate largest CO2 (Carbon Dioxide) emissions capture plant in the Middle East, to be located in Saudi Arabia. The new CO2 (Carbon Dioxide) recovery plant investment will allow it to double its existing CO2 production capacity in Saudi Arabia and will capture more than 250,000 tons per year of Carbon Dioxide emissions in order to produce high-purity, food-grade green CO2. With this strategic investment, Gulf Cryo aims to maintain the leading role in the challenging transition to a low carbon future in Middle East and Saudi Arabia
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Market key Players
Various key players are listed in this report such as Air Liquide, The Messer Group GmbH, Taiyo Nippon Sanso, American Welding & Gas, SOL Group, Purity Cylinder Gases Inc., Gulf Cryo, SIAD, Cryogenic Gases, Chengdu Taiyu Industrial Gases Co., Ltd, Air Source Industries, Air Products & Chemicals, Inc, etc.
Market Taxonomy
By Types of Beverages
Ciders
Soft drinks
Others
By Purpose
Additive
Propellant
Modified atmosphere
Sterilization
Others
By Types of Gases
Chlorine
Carbon dioxide
Nitrogen
Oxygen
Ozone
Nitrous oxide
Propane
Iso-butane
Ethylene
Others
By Application
Beverage carbonation
Anti-bacterial
Freezing and chilling
Cryogenic and IQF freezing
Packaging
Others
By Region
North America
Latin America
Europe
Asia Pacific
Middle East & Africa
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#Beverage Grade Gas Market size#Beverage Grade Gas Market Share#Beverage Grade Gas Market Trend#Beverage Grade Gas Market Growth#Beverage Grade Gas Market Application
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Impact of COVID-19 on Wearable Technology in the Healthcare Industry
COVID-19 Impact on Wearable Technology in the Healthcare Industry
The COVID-19 crisis has shifted innumerable perceptions regarding daily activities as well as has led to a significant reassessment towards well-being and protection. On the other side, it represents lucrative opportunities to novel healthcare solutions including wearable technology. The pandemic has triggered a fear of infection from not just the virus but other neglected elements that impact health. The adoption of wearables and accompanying apps has escalated significantly as it helps the users to feel aware and protected. Moreover, as normal life is thrown out of control, these wearables restore a sense of control by providing real time information of health signals.
Since the outbreak of the COVID 19, the sales of fitness tracking wearables have increased exponentially. The observation of the benefits of wearable health gadgets is not just limited to users, but health-care providers and payers as well. This growing demand for wearables is expected to persist even after the outbreak is controlled expanding the scope of the market.
WEARABLES IN DEMAND
Wearables technology products have been accepted well in the consumer medical tech field but the healthcare industry has questioned their utility beyond heart rate tracking and for more crucial applications of healthcare. This means that the market was limited to consumers and healthcare providers till now.
The outbreak of COVID-19 pandemic has expanded the role of wearable technologies in the healthcare industry. Several companies operating in the wearables space across other domains are eager to enter the landscape of wearables to be used as early warning systems for the virus infection. One such example is the Ava Bracelet. The device has experienced success as a fertility tracking wearable whose sensors are now being leveraged to aid in combating the coronavirus. The bracelet is capable of tracking heart rate variability in addition to heart rate, skin temperature, and breathing rate making it useful in tracking the symptoms of the virus infection. The company’s chief medical officer, Maureen Cronin, said that the bracelet’s capability of remote continuous monitoring offers a unique opportunity during the outbreak. This ability of the bracelet in combination with symptomology, can be useful in triage of candidates for testing by predicting the highest probability. This can prove useful for the overwhelmed healthcare providers and governments to allocate resources more efficiently when a large number of people are isolated with symptoms. As the resources for on-floor testing are finite and are testing is presumed dangerous for health workers, remote monitoring wearables can be of immense help.
She also stated that the device is being put to use for tracking clinical symptomology where the users are sharing the data using an app. It is provided to a call centre where medical students are filtering people based on the information and physicians are making recommendations on triage of the users. The experiment aims at accessing the overall impact of using the wearable device and remote monitoring on reducing the burden on the system.
Remote monitoring complemented with separate, dedicated medical instruments in a hospital will help the health workers when proximity to infected patients pose a risk to them as well as other patients in the vicinity.
Wearable device manufacturers are also offering all-in-one solutions for remote monitoring. For instance, in response to COVID-19, Life Signals, a California based wearable manufacturer have increased the production of its multi-parameter sensors. The company’s Biosensor Patch 1AX can record heart rate, temperature, ECG, movement and respiration rate. The information regarding the metrics is displayed to the user in real-time through an app. The system also offers security of online data sharing with health authorities. This is useful in remotely monitoring symptomatic patients. Another sensor from the company named Patient Management Biosensor Patch 2A monitors recovery of the coronavirus patients by measurement of clinical-grade vital signs and storing them including SpO2. This wearable is expected to be launched in June and aid healthcare providers in remote monitoring of the patient’s vitals in real-time.
The disposable smart patches by Life Signals are affixed on the chest and can be worn for up to 5 days. The disposability of the patches is also useful in reducing cross-contamination across healthcare staff and thereby reducing the burden on hospitals with remote options. It is also functional for patients as the sensors will alert them with real-time data in case of deterioration are noticed and prompt action can be taken.
The economic struggles of businesses in addition to the ordeal of social distancing of the general public has led to increased demand for mental health services during and after high stress and anxiety situations of the COVID 19 pandemic. The limitations of human contact and lack of resources to meet the demand has boosted the already booming online therapy and apps. Although the novelty, complexities in continuous usage and cost of current wearables for mental health are posing challenges, it is definitively a lucrative market set to witness growth after the COVID 19 outbreak. The scope of the market is not limited to adults but children and young adults as well. For instance, the digital health firm Healios has updated the ThinkNinja app with specific content for children and young people aged 10 to 18 years. The app aims at addressing the struggles related to mental strength and coping techniques during the COVID-19 upheavals.
Pulse Infoframe is a health informatics and analytics company has developed the healthie software solution whose data stored on the platform can provide employers with visibility into the state of mental health of employees. Wearables can also be useful in collecting data to support studies of mental health for similar platforms.
OPPORTUNITIES FOR WEARABLES
COVID-19 has also presented the challenge of asymptomatic infections. The Centre for Evidence-Based Medicine estimates that 5% to 80% of those testing positive for the virus may be asymptomatic. In these cases, symptom-based screening is completely futile and poses the risk of missing out on a significant chunk of this demographic. These carriers pose a public health risk unknowingly.
Hence, healthcare researchers are making efforts to identify minute fluctuations to normal bodily functions indicative of an infection using wearables. This can prove useful in cases where the person does not show any signs of the infection. There are several studies being conducted to explore the potential of different consumer wearables in identifying COVID-19 infections.
Stanford Medicine researchers and their collaborators are aiming for prediction of the onset of the infection through data collected from wearables. The collaborators include the wearable bracelet giant Fitbit whose smartwatches and other wearable devices are providing data for the study. The team is attempting to create an algorithm that will provide alert when the immune system is fighting off an infection. The success of the algorithms will lead to development of devices that will help to curb the spread of the infection and add to the growth of the market. Professor and chair of genetics at the Stanford School of Medicine, Michael Snyder, PhD, have stated the aim of harnessing data from wearables to identify infections potentially before the occurrence of symptoms.
OTHER WEARABLES
Canada based company, Skiin develops and markets smart clothes with built-in sensors that enable remote monitoring of patients’ vital signs and eliminate the need for hospital visits. The smart clothing sold by the company has built-in sensors for continuous vital sign monitoring and is washable. The clothing is capable of tracking activity, stress level, temperature and sleep quality. The product portfolio includes underwear, shirts, and sleep masks for men and women.
PMD Solutions, an Irish company, offers wearable devices for respiratory monitoring that have proved helpful in tracking the breathing parameters of patients with coronavirus. These devices are useful for both enable healthcare providers at a patient’s home. The devices leverage innovative algorithms to aid hospital staff taking necessary measures by retrieving a patient’s vital information. The flagship product of the company is the wearable sensor RespiraSense. Moreover, the sensor has also proved useful in interventions in conditions such as worsening pneumonia, respiratory compromise, oncoming heart attacks and others.
A UK-based startup, MediBioSense develops wearable patches that are Class IIa medical devices, and are certified both by the FDA and CE. The sensors conduct real-time monitoring of a wide range of vital signs in conditions such as diabetes, coronary heart disease, and hypertension. The sensors collect data related to respiration rate, ECG, heart rate, blood oxygen level (SpO2) and temperature.
A range of other wearable technologies in healthcare industries have the potential for market growth as a result of the COVID-19 outbreak primarily by aiding remote monitoring for healthcare providers. These include cloth-based nanosensors (US-based Nanowear) and anxiety reduction wearables (U.S.-based Lief Therapeutics) amongst several others.
WORKPLACE LEVEL CONTACT TRACING
The need to maintain social distancing to avoid the infection from the virus has led to stigma among people related to overcrowded places. In addition to entertainment venues, the stigma is expected to impact workplaces as well. Workplaces are usually located in a crowded building and standalone offices can be considered crowded in themselves. The fear of contacting the virus at workplaces has opened opportunities for wearable technologies for workplaces for contact tracing.
New York based Estimote has developed wearables for workplace-level surveillance for COVID-19. The company has leveraged its technological expertise in Bluetooth location beacon to develop these devices. The devices called Proof of Health wearables help in enhancing workplace safety for those who have to be co-located at a physical workplace when the risk of contracting the virus persists.
While several companies are working on technology-based solutions for contact tracing, by using data gathered by smartphones and consumer applications they have their limitations. These include privacy implications and necessity of a smartphone which may not be viable in high-traffic environments. However, contact tracing at hyperlocal level will not just provide employers with early warning signs for curbing the spread earlier but more thoroughly. In fact, larger-scale contact tracing fed by sensor data could inform new and improved strategies for COVID-19 response.
The government mandates for social distancing are up and running and predictions indicate that these might continue for several upcoming months. The severity of COVID-19 may vary across the world, but it has definitely created a market for workplace safety. Similar devices may prove to be of crucial importance in running businesses and operating in workplaces to protect the health and safety of the employees incurring those risks.
MOST ATTRACTIVE MARKETS
Asia Pacific is region is expected to be the most attractive market with the growth of several companies and increasing purchasing power of the population in the region. Moreover, a significant share of the large population in the region is known to be early adopters. For instance, in order to monitor COVID-19 patients, Shanghai Public Health Clinical Center (SPHCC) leveraged California-based connected health startup VivaLNK’s continuous temperature sensor and Cassia Networks aimed at reducing the risks of caregivers being exposed to the COVID-19 virus. Cassia’s gateways and IoT Access Controller provided long-range connectivity needed to cover multiple rooms in the SPHCC and allowing up to forty Bluetooth Low Energy devices to be paired and connected. The system was used to receive real-time patient data from the sensors and wirelessly transmit this data to a nurse's station for continuous monitoring. Seven other hospitals throughout China in addition to the SPHCC are currently deploying the network with additional deployments in other medical centers.
The COVID-19 outbreak has led to the mushrooming of devices and gadgets developed by start-ups in the region. The need for preliminary testing has led to the demand for contactless thermometers as the existing inventories are depleting. For instance, the Smart Temporal Thermometer from Withings is among the companies has depleted. It is a contactless thermometer that uses sixteen sensors to take over four thousand measurements in two seconds. The thermometer syncs to a mobile app and costs $99.95. The high cost of the existing products and increased demand is expected to augment the market for other wearable devices for contact less temperature monitoring.
The Hangzhou-based MegaHealth Information Technology Co observed a fivefold increase in its sales this year as compared to the last quarter of 2019 owing to the company’s medical ring for monitoring blood oxygen levels and heart rate. The company’s CEO, Hu Jun mentioned that the product was targeted towards patients of breathing problems. However, the outbreak of the coronavirus has expanded the market. The company offers the products to healthcare providers only. The current customer base of 100 hospitals in China with expansion plans to the U.S. and Europe in the second half of the year by increasing production rates. The company also plans on expanding to the direct to consumers segment.
Codoon (Chengdu Music Information Technology Co.), a fitness app and gadget provider observed three times increase in the number of users exercising at home. The company has added a thermometer function to its fitness watches in response to user and government demand. Founder and CEO Bo Shen mentioned that following the governments encouragement, they have created a new complementary app for AI temperature-measuring system. He also mentioned that he believes gadgets with personalized programming will have an edge over others in sustaining user interest and hence, they are investing more in software.
The maker of Xiaomi’ s popular fitness-tracking bands, Huami Corp, examined the sleep data from July 2017 to February 2020 from 115,000 users in China provinces including epicentre of the COVID-19, Wuhan and the neighbouring Anhui. A detectable deviation was observed by the company in reported sleeping heart rate. Other Chinese cities including Beijing, Shanghai and Hangzhou has shown similar spikes as the virus started spreading to them. Huami Corp is now developing an early-warning signal to point out similar anomalies during COVID 19 pandemic and other future anomalies impacting the mental health of the population.
CONCLUSION
It has been observed historically that new technologies and trends emerge after major incidents such as the two World Wars and the Spanish flu outbreak. The impact of the novel COVID 19 virus is expected to leave a long-lasting impact as well. The outbreak of the COVID 19 virus has led to people grappling with uncertainty around the infection and its treatment. The virus poses risk not just to human life but has caused economic distress and severe emotional strain. This has created a domino effect giving rise to new sets of needs and necessities that were not required earlier. After the pandemic subsides, major transformations are expected in the field of health-care including a general shift towards online services and enhancement of home health-care. The capacity of the healthcare systems globally is suddenly under the pressure of being exhausted as a result of the COVID-19 outbreak. Moreover, the market of wearable solutions that measure and monitor the health conditions of chronic, non-coronavirus patients are also expected to witness significant growth as they aid in reducing the overall burden on healthcare providers.
The market for wearable technology has experienced growth as the demand for contactless interactions increased. Fitness-tracking devices, devices to measure other vital signs and their accompanying apps are being taken more seriously than ever by users, insurers and health-care providers alike as a tool for preventive and proactive maintenance of health. As new demands emerge, collaborations between wearable device makers and healthcare institutions are expected to increase to combat the current scenario and to prepare for similar circumstances in the future. Manufacturers of wearable technologies for various applications are anticipated to expand into other possible areas. The existing consumer wearable technologies and the data they collect have the potential to make significant technological breakthroughs during the COVID 19 outbreak. The regions of the world with large populations of working age, technological prowess and low cost of manufacturing have tremendous edge for exponential growth and innovation in terms of meeting the demand for novel necessities including connectivity of the general public, contact-tracing programs, and online provision of healthcare services as much as possible. Hence, it can be concluded that the market for wearable technologies are expected to grow significantly while playing a major role in the transformation of conventional healthcare service provision.
#Wearable Technology#Wearable Technology Market#Wearable Technology Market Analysis#Wearable Technology Market Analysis in Developed Countries#Wearable Technology Market by Application#Wearable Technology Market by Type#Wearable Technology Market Development#Wearable Technology Market Forcast#Wearable Technology Market Future Innovation
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1-Bromodecane As Your Siding Contractor
1-Bromodecane As Your Siding Contractor
1-bromodecane is a bromine styrenate hydroxy compound used as an oxidizing agent in the manufacture of paper. It is also used to make paper towels and napkins hard enough to withstand many years of daily use. The compound is also used in paper manufacturing as a stabilizer. Most paper is 1-bromodecane; paperboard, ink-jetting toner, furniture adhesive, and printer toner are some examples of paper that contains bromodecane. It was introduced in the market in the late 1960s, and at that time it was known as Bromex and Bromodecane.
In its natural state, bromodecane is stable without oxidizing agents. It becomes unstable when exposed to oxygen or when exposed to air. It will degrade over a period of time; therefore, it must be protected from oxygen. Paper that contains bromodecane, like bond paper, paperboard, and thermal paper, has to be stored in an area with low or no oxygen. This is because direct sunlight can cause the colors in the paper to fade.
As mentioned earlier, demand in the market is projected to increase because people find it convenient to use. The use of this bromodecane is mostly for paper production and to make napkins hard enough to withstand the activities in the kitchen. Paperboard is mainly used to absorb oil and other solid wastes produced by cooking. Because of these, paperboard market is expected to grow in the future.
There are other paper products that contain 1- bromodecane. For instance, pillowcases, disposable towels, and disposable cups have been manufactured using it. Some manufacturers even use it to make tissues, socks, and disposable diapers. Because of these, we can expect to see a lot more bromodecane in the market. Although it has many uses, it is still being controlled meticulously by various chemical industries in order to avoid pollution.
Bromodecane was first made available for consumers in the year 1970. It was first used as a filler in a variety of paper products including folders, booklets, and advertisements. After this, the demand for bromodecane grew. Several companies started producing and distributing it. It became popular because it's cheap and can be found in abundance in nature. That is why, you can find bromodecane in real, natural sources which makes it a renewable source.
The popularity of bromodecane market research report spread worldwide. It is being used in various paperboard products. Paperboard is a great source of packaging, although, its natural sources may no longer be sufficient.
Paperboard was being widely used until the late 1980s when its production was becoming more expensive. It was then banned in several countries including the United Kingdom. However, recent reports showed that its production is starting to rise again. It is now cheaper and is available at a better price than its older counterparts. Moreover, it has become environmentally-friendly and can also be recycled into other products like foam.
You might not have heard about 1-bromodecane, but you have probably used it before. It is still in use in paperboard and other similar products. Its uses are numerous and can be used for different purposes. But because of its usefulness, 1-bromodecane should be protected from misuse. It is now finally getting the attention it deserves from the paperboard manufacturing industry.
Its main properties include being flame retardant, biodegradable and recyclable. These are the reasons why a lot of companies are now starting to use it. It has been producing products which are more hygienic and safer for the environment.
With this chemical, they are not releasing any hazardous emissions. It also keeps the color of the paperboard bright even after it gets exposed to fire or other elements. You don't have to worry about it staining your paperboard because it won't fade when it is constantly exposed to heat or sunlight. Also, when you expose it to water or moisture, you won't have to worry of it being ruined because the material it is made from is able to withstand high temperatures. And if you are looking for an environmentally-friendly packaging option for your papers, you should definitely go for this one.
So if you are going to use 1-bromodecane as your paperboard siding contractor in the future, you can be sure that you will never run into any problems with it. This chemical doesn't produce any harmful emissions and it also has no effect on the color of the paperboard. So what are you waiting for?
The research team projects that the 1-Bromododecane market size will grow from XXX in 2020 to XXX by 2027, at an estimated CAGR of XX. The base year considered for the study is 2020, and the market size is projected from 2020 to 2027.
The prime objective of this report is to help the user understand the market in terms of its definition, segmentation, market potential, influential trends, and the challenges that the market is facing with 10 major regions and 50 major countries. Deep researches and analysis were done during the preparation of the report. The readers will find this report very helpful in understanding the market in depth. The data and the information regarding the market are taken from reliable sources such as websites, annual reports of the companies, journals, and others and were checked and validated by the industry experts. The facts and data are represented in the report using diagrams, graphs, pie charts, and other pictorial representations. This enhances the visual representation and also helps in understanding the facts much better.
By Market Players: Chemtura Albemarle ICL-IP Great Lakes Jiangsu Dacheng Pharmaceutical and Chemical Yancheng Biaoye Chemical Yancheng Creator Chemical Taicang Pharmaceutical Factory
By Type Medical Grade Industrial Grade
By Application Flame Retardant Cationic surfactants Other
By Regions/Countries: North America United States Canada Mexico
East Asia China Japan South Korea
Europe Germany United Kingdom France Italy Russia Spain Netherlands Switzerland Poland
South Asia India Pakistan Bangladesh
Southeast Asia Indonesia Thailand Singapore Malaysia Philippines Vietnam Myanmar
Middle East Turkey Saudi Arabia Iran United Arab Emirates Israel Iraq Qatar Kuwait Oman
Africa Nigeria South Africa Egypt Algeria Morocoo
Oceania Australia New Zealand
South America Brazil Argentina Colombia Chile Venezuela Peru Puerto Rico Ecuador
Rest of the World Kazakhstan
Points Covered in The Report The points that are discussed within the report are the major market players that are involved in the market such as market players, raw material suppliers, equipment suppliers, end users, traders, distributors and etc. The complete profile of the companies is mentioned. And the capacity, production, price, revenue, cost, gross, gross margin, sales volume, sales revenue, consumption, growth rate, import, export, supply, future strategies, and the technological developments that they are making are also included within the report. This report analyzed 12 years data history and forecast. The growth factors of the market is discussed in detail wherein the different end users of the market are explained in detail. Data and information by market player, by region, by type, by application and etc, and custom research can be added according to specific requirements. The report contains the SWOT analysis of the market. Finally, the report contains the conclusion part where the opinions of the industrial experts are included.
Key Reasons to Purchase To gain insightful analyses of the market and have comprehensive understanding of the global market and its commercial landscape. Assess the production processes, major issues, and solutions to mitigate the development risk. To understand the most affecting driving and restraining forces in the market and its impact in the global market. Learn about the market strategies that are being adopted by leading respective organizations. To understand the future outlook and prospects for the market. Besides the standard structure reports, we also provide custom research according to specific requirements.
The report focuses on Global, Top 10 Regions and Top 50 Countries Market Size of 1-Bromododecane 2016-2021, and development forecast 2022-2027 including industries, major players/suppliers worldwide and market share by regions, with company and product introduction, position in the market including their market status and development trend by types and applications which will provide its price and profit status, and marketing status & market growth drivers and challenges, with base year as 2020.
Key Indicators Analysed Market Players & Competitor Analysis: The report covers the key players of the industry including Company Profile, Product Specifications, Production Capacity/Sales, Revenue, Price and Gross Margin 2016-2021 & Sales by Product Types. Global and Regional Market Analysis: The report includes Global & Regional market status and outlook 2022-2027. Further the report provides break down details about each region & countries covered in the report. Identifying its production, consumption, import & export, sales volume & revenue forecast. Market Analysis by Product Type: The report covers majority Product Types in the 1-Bromododecane Industry, including its product specifcations by each key player, volume, sales by Volume and Value (M USD). Markat Analysis by Application Type: Based on the 1-Bromododecane Industry and its applications, the market is further sub-segmented into several major Application of its industry. It provides you with the market size, CAGR & forecast by each industry applications. Market Trends: Market key trends which include Increased Competition and Continuous Innovations. Opportunities and Drivers: Identifying the Growing Demands and New Technology Porters Five Force Analysis: The report will provide with the state of competition in industry depending on five basic forces: threat of new entrants, bargaining power of suppliers, bargaining power of buyers, threat of substitute products or services, and existing industry rivalry.
COVID-19 Impact Report covers Impact of Coronavirus COVID-19: Since the COVID-19 virus outbreak in December 2019, the disease has spread to almost every country around the globe with the World Health Organization declaring it a public health emergency. The global impacts of the coronavirus disease 2019 (COVID-19) are already starting to be felt, and will significantly affect the 1-Bromododecane market in 2021. The outbreak of COVID-19 has brought effects on many aspects, like flight cancellations; travel bans and quarantines; restaurants closed; all indoor/outdoor events restricted; over forty countries state of emergency declared; massive slowing of the supply chain; stock market volatility; falling business confidence, growing panic among the population, and uncertainty about future.
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Respiratory Heaters Market Growth Prospects, Trends and Forecast up to 2024
Respiratory Heaters Market: Introduction
· Respiratory heaters are external type heating devices used along a nebulizer system. Respiratory heaters are mainly used to impart heated breathing gas or heated aerosol to patients. Also called nebulizer heaters, respiratory heaters were developed to provide warm and heated bland aerosol therapy to patients. The device is used for patients that require respiratory support via tracheal tube, nasal cannulae, or face mask.
· Respiratory heaters display the ability to combine warm surrounding air and oxygen for patients without the need of piped medical grade air. The device serves needs of patients who require high flow therapy.
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Key Drivers and Restraints of Global Respiratory Heaters Market
· The global respiratory heaters market is driven by increase in incidence and prevalence of respiratory disorders such as asthma, chronic obstructive pulmonary disease, and bronchitis
· According to Global Asthma report (2018), in 2016, the Global Burden of Disease (GBD) study estimated that approximately 339.4 million people were affected by asthma across the world, representing 3.6% increase in age-standardized prevalence since 2006.
· According to the World Health Organization, chronic obstructive pulmonary disease (COPD) is a progressive life-threatening lung disease that causes breathlessness and predisposes to exacerbations and serious illness. The Global Burden of Disease Study, in 2016, reported a prevalence of 251 million cases of COPD globally.
· High prevalence of respiratory diseases and rise in patient population driven by increasing allergens, pollution, occupational dusts, chemicals, and tobacco intake are the factors driving the global respiratory heaters market
· Increase in the geriatric population also boosts the growth of the global respiratory heaters market. According to the WHO, aging produces changes in the respiratory system itself and in related organs, thereby resulting in the decline of lung function, which is a significant risk factor for chronic obstructive pulmonary disease, emphysema, asthma, and chronic bronchitis, among the elderly.
· However, undefined reimbursement policies in developing and underdeveloped countries and high cost of devices are the factors hampering the growth of the global respiratory heaters market
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Strategic Developments and Emerging Economies to Offer Attractive Opportunities
· Companies operating in the respiratory heaters market are focusing on meeting the needs of medical communities and patient population by developing novel products. Several players are also investing in developing advanced features in nebulizers, including respiratory heaters, and strengthening market position through acquisitions, mergers, and partnerships.
· In December 2017, Teleflex Incorporated, a leading global provider of medical technologies for critical care and surgery, announced that its respiratory division signed a new group purchasing agreement with HealthTrust. The Respiratory Heaters & Accessories agreement which became effective December 1, 2017, covers Teleflex’s full line of active humidification, non-invasive ventilation (NIV), and high flow nasal cannula therapy (HFNCT) products.
· Emerging economies provide lucrative opportunities in the respiratory heaters market due to increase in the patient population and initiatives by governments in the health care sector
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North America to Account for Major Share of Global Respiratory Heaters Market
· North America is projected to account for significant share of the global respiratory heaters market due to rise in prevalence respiratory diseases, including asthma, COPD, and bronchitis and presence of key players in the region
· The respiratory heaters market in Asia Pacific is anticipated to grow at a rapid pace during the forecast period due to surge in patient population, increase in awareness about the respiratory disorders in the region, rise in prevalence of respiratory diseases, initiatives by governments in the health care sector, and interest of key players in expanding market presence in Asia Pacific.
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Key Manufacturers Operating in Market
Key players in the global respiratory heaters market are focusing on research and developmental activities. Companies are adopting various growth strategies including mergers, acquisitions, product upgrades, product launches & approvals, partnerships, and collaborations.
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Market Forecast for Medical Microscopes and Atomic Force Microscopes
The atomic force microscopy market is expanding fast with a number of exciting applications. It is expected to grow at an unprecedented rate in the coming years. The report "atomic force microscopy market research analysis by offering (AFM, software), grade (atomic force microscopy market research by applying grade techniques), applications (phthalarist and biophysicist tools), and region (Asia Pacific, Middle East, and North America." is being evaluated at USD 439 million by 2022 and is expected to reach USD 615 million by 20 2022.
The market is expanding worldwide, thanks to advances in the science of microscopy. The report states that," Atomic Force Microscopy is used for many applications in medicine and biotechnology research. In particular, it is a critical tool in the field of neuroscience research, such as neurology, neurophysiology, neuropsychology, psychology, developmental science, adult stem cells, and neuroscience/psychology." The market is also expanding into the life sciences and the industrial research grade fields. It is predicted that the demand will continue to grow exponentially in coming years due to the fact that the medical community is always looking for new methods to improve their techniques and procedures.
The market and the industry are based on solid inorganic growth strategies that are anticipated to continue for the foreseeable future. The growth rate is accelerating due to the current focus inorganic technologies and materials. The market is currently focused on the technology development for the next five years. This is based on the forecasts that there are several key milestones in the inorganic growth strategies such as the atomization of carbon, nitrogen, oxygen, and phosphorus. These all represent key milestones that provide the opportunity to advance the atomization of silicon and oxygen based compounds to a specific thickness level at which the atomic force microscopy market can begin to develop.
The global outlook for the semiconductor industry is positive. The sales of atomic force microscopes are expected to grow between three to four percent annually over the next five years. This growth is primarily based on the efforts of the semiconductor industry to develop and commercialize the next generation advanced microscopes. The commercialization of these highly technically advanced microscopes is contingent upon the successful development and successful marketing of these highly developed tools.
Based on the forecasts in the above forecast, we can project that the global market for high performance ultra compact quantum chemicals including cryogenic materials will continue to expand in accordance with increases in the demand for cryogenic processing and superconductor materials. We can also project that the global market for solid state devices including solid-state batteries and devices will continue to grow between three to four percent annually. Based on the material markets we can also expect that the gross revenues from the sale of the material will grow between three to four percent annually. This is a positive response to the forecast presented above. It is important to note that even with this positive response, the overall gross revenues for the semiconductor industry will remain flat over the next twelve months.
During the forecast period, strong increases in the global demand for 3d imaging techniques will drive the growth of the market for cagr equipment. This demand is fueled by the need to create high quality digital images and films from high resolution CT scans of soft tissues and organs. The high resolution and high speed capabilities of modern CT scanner enable the creation of large format images and films from thin sheets of tissue. The ability to utilize existing imaging media and deliver high quality images to medical centers worldwide will contribute to the growth of the market for cagr equipment.
While growth is expected in the total number of users and revenues generated in the 3d imaging and diagnostic markets, strong growth is also predicted in the field of nanotechnology applications in nanoscale science and devices. This is due to two main reasons. First, the increase in computer power in personal computing devices has increased the speed and accuracy of image and data recording in many cases. Second, the increasing role of nanotechnology in the health care industry will bring a need for standardization in materials used in such applications.
Summary
The report forecast global Atomic Force Microscopy (AFM) market to grow to reach xxx Million USD in 2019 with a CAGR of xx% during the period 2020-2025 due to coronavirus situation.
The report offers detailed coverage of Atomic Force Microscopy (AFM) industry and main market trends with impact of coronavirus. The market research includes historical and forecast market data, demand, application details, price trends, and company shares of the leading Atomic Force Microscopy (AFM) by geography. The report splits the market size, by volume and value, on the basis of application type and geography.
First, this report covers the present status and the future prospects of the global Atomic Force Microscopy (AFM) market for 2015-2024.
And in this report, we analyze global market from 5 geographies: Asia-Pacific[China, Southeast Asia, India, Japan, Korea, Western Asia], Europe[Germany, UK, France, Italy, Russia, Spain, Netherlands, Turkey, Switzerland], North America[United States, Canada, Mexico], Middle East & Africa[GCC, North Africa, South Africa], South America[Brazil, Argentina, Columbia, Chile, Peru].
At the same time, we classify Atomic Force Microscopy (AFM) according to the type, application by geography. More importantly, the report includes major countries market based on the type and application.
Finally, the report provides detailed profile and data information analysis of leading Atomic Force Microscopy (AFM) company.
Key Content of Chapters as follows (Including and can be customized) :
Part 1:
Market Overview, Development, and Segment by Type, Application & Region
Part 2:
Company information, Sales, Cost, Margin etc.
Part 3:
Global Market by company, Type, Application & Geography
Part 4:
Asia-Pacific Market by Type, Application & Geography
Part 5:
Europe Market by Type, Application & Geography
Part 6:
North America Market by Type, Application & Geography
Part 7:
South America Market by Type, Application & Geography
Part 8:
Middle East & Africa Market by Type, Application & Geography
Part 9:
Market Features
Part 10:
Investment Opportunity
Part 11:
Conclusion
Market Segment as follows:
By Region
Asia-Pacific[China, Southeast Asia, India, Japan, Korea, Western Asia]
Europe[Germany, UK, France, Italy, Russia, Spain, Netherlands, Turkey, Switzerland]
North America[United States, Canada, Mexico]
Middle East & Africa[GCC, North Africa, South Africa]
South America[Brazil, Argentina, Columbia, Chile, Peru]
Key Companies
Bruker Corporation
JPK Instruments
NT-MDT
Keysight Technologies
Park Systems
Witec
Asylum Research (Oxford Instruments)
Nanonics Imaging
Nanosurf
Hitachi High-Technologies
Anasys Instruments
RHK Technology
A.P.E. Research
Market by Type
Contact AFM
Non-contact AFM
Dynamic contact AFM
Tapping AFM
Market by Application
Life Sciences and Biology
Semiconductors and Electronics
Nanomaterials Science
Others
Global Atomic Force Microscopy Market report offers great insights of the market and consumer data and their interpretation through various figures and graphs. Report has embedded global market and regional market deep analysis through various research methodologies. The report also offers great competitor analysis of the industries and highlights the key aspect of their business like success stories, market development and growth rate.
Global Atomic Absorption Spectroscopy Market
Global Assembly Unit Market
Global Asphalt Modifiers Market
Global Asparaginase Market
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Polyolefin Powders Market - Top Companies, Trends and Growth Factors Details for Business Development 2023
Market Overview:
Market Research Future (MRFR) expects the Polyolefin Powders Market growth to be optimistic during the forecast period (2018-2023), following an exhaustive analysis of the latest trends across the globe.
Renowned Players:
Some of the well-known vendors shaping the Global Polyolefin Powders Market include SABIC (Saudi Arabia), Merck KGaA (Germany), Eastman Chemical Company (US), Axalta Coating Systems (US), Borealis AG (Austria), LyondellBasell Industries Holdings BV (Netherlands), Exxon Mobil Corporation (US), Sumitomo Seika Chemicals Co., Ltd (Japan), Mitsui Chemicals, Inc. (Japan), Asahi Kasei Corporation (Japan), Wacker Chemie AG (Germany), INEOS (UK), and others.
Market Drivers and Key Restraints:
The Polyolefin Powders Market is majorly influenced by the product's use in a variety of end-use industries such as tanks & containers, toys, paints & coatings, automotive & transportation, building & construction, batteries, cosmetics, and others. The market will also benefit from the strong demand for Polyolefin Powders from rotomolding applications in toys, tanks & containers industry, along with BMC, carpet and SMC applications of the automotive industry.
The product demand noted in the rotomolding application in paints & coatings along with automotive & transportation industries is high, particularly in India, China, and Brazil. With the rise in technologies and innovations, the demand for Polyolefin Powder across the mentioned industries will get a significant boost in the near future.
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Various grades of Polyolefin Powders observe considerable demand across various industries as they possess exceptional properties that vary as per the application requirements. These properties are categorized on the basis of their chemistry, such as polypropylene, EVA, and polyethylene. Polyolefin Powders refer to thermoplastic powder, and the market is growing backed by its demand from numerous applications like masterbatch and rotomolding. Having said that, the market development rate could slow down on account of government regulations across the globe.
Market Segmentation:
The Polyolefin Powders Market has been segmented based on Type, Application and End-Use Industry.
Type-Wise, the Polyolefin Powders Market has been segmented into polypropylene (PP), polyethylene (PE), and ethylene-vinyl acetate (EVA). Among these, the PE segment covers the maximum share of the market, owing to the extensive demand for PE powder in rotomolding. This product offers excellent wrap resistance, high flexibility, cost-effectiveness and consistent shrinkage. Moreover, stabilization additives are not required for PE powder to be thermally stable and have the ability to be molded by high-speed, high temperature rotational molding equipment without strong oxidation.
With respect to Application, the market is considered for rotomolding, masterbatches, SMC, BMC, dusting agents, sintering agents, binding agents, carpet applications, and others. Rotomolding helps in manufacturing toys, tanks and containers, leisure products and industrial products like blower housing, water filtration systems and recycling units. In addition, they are used for manufacturing transportation products including tractor dashboards, diesel fuel tanks, instrument panels, ducting, wheel arches as well as medical products like casing for medical specimens, stretchers, masks and facial oxygen.
The market, based on End-Use Industry, can be broken down into electronics, food packaging, construction, automotive, textiles, medical, and others. The automotive segment can expect the highest growth owing to the extensive use of polymeric compounds in manufacture of automobiles. The demand for fuel-efficient and lightweight automobiles to abide with the strict regulations for volatile organic compound (VOC) emissions has led to a surge in use of plastic materials in automobiles. Furthermore, the construction segment is presumed to be the second-biggest segment on account of the rapid industrialization around the world.
Browse Key Industry Insights spread across 140 pages with 47 market data tables & 12 figures & charts from the report, “Polyolefin Powders Market Information: By Type (PP, PE, EVA), Application (Rotomolding, Masterbatches, SMC, BMC, Dusting Agents, Sintering Agents), End-Use Industry (Electronics, Food Packaging, Construction, Automotive) and Region – Growth Potential, Price Trends, Competitive Market Share & Forecast 2023” in detail along with the table of contents: https://www.marketresearchfuture.com/reports/polyolefin-powders-market-6343
Regional Insight:
The Key Regions in the Global Polyolefin Powders Market include Asia Pacific, Europe, Latin America, the Middle East & Africa, and North America.
The Europe Market for Polyolefin Powders is estimated to have a significant growth in the subsequent years, based on the mounting production and sales of automotive parts. Also, industrialization, coupled with the hike in purchasing power of consumers in the region, will serve excellent growth opportunities to the market during the conjectured time frame.
In 2017, Asia Pacific secured the top position in the Global Polyolefin Powders Market, backed by strong demand for the product in significant end-use industries. The speedy rate of industrialization in the developing nations like India and China and India will add to the strength of the regional market, by lifting the product demand in different applications.
Bagging the second position in the global market in 2017, North America has proved to be a strong contender with the growing demand for Polyolefin Powders in automotive, food packaging, aerospace, construction, and electronics industries. The market is also driven by the region's high economic growth along with massive investments in industries.
The market in Latin America is poised to make similar strides in the global market, with the considerable growth in the region being the result of the expanding automotive industry in Argentina and Brazil.
Lastly, the Middle East & Africa is projected to hold its own in the global space with the presence of several infrastructure hubs within the region.
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