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Showing posts from January, 2021

Increasing Urbanization and Increasing Investment in Infrastructure Sector to Augment Growth of Backhoe Loaders Market

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  Increasing urbanization is expected to propel growth of the global backhoe loaders market. For instance, according to the World Bank, the urban population in China increased from 49.22% in 2010 to 60.3% in 2019. Moreover, increasing number of housing units is also expected to aid in growth of the market. For instance, according to The U.S. Census Bureau and the U.S. Department of Housing and Urban Development, in 2019, an estimated 1.290 million housing units were started in the U.S., witnessing an increase of 3.2% compared to 2018. Increasing investment in the infrastructure sector is expected to offer lucrative growth opportunities for players in the global backhoe loaders market . For instance, in February 2020, The U.S. Department of Transportation published a Notice of Funding Opportunity to apply for US$ 1 billion in 2020 for upgrading infrastructure across the U.S. Moreover, launch of new products is also expected to aid in growth of the market. For instance, in January 2021

Increasing Urbanization and Increasing Investment in Infrastructure Sector to Augment Growth of Tipper Body Market

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  Tipper body kits are extremely popular item in the construction world. These kits offer robust model with high overload and reserve capacity, high tilting and lowering speeds due to the revolutionary hydraulic system, and high value preservation and low maintenance through high quality products. Various products with five axles, three on the front and two in the rear offer the best of both worlds. These axles have full round tipper body design with low fatigue and efficient straight-line speed control. This vehicle also has a standard limited slip differential to protect the rear tires from mud and water. Limited slip differential reduces the risk of damage to your driveline from excessive cross country driving. The products offer great value and rugged reliability with an extremely high level of fuel economy. Market Dynamics Increasing urbanization is expected to propel growth of the global tipper body market . For instance, according to the World Bank, the urban population in

Increasing Number of People Living With Vision Impairment to Augment Growth of Assistive Technologies for Visually Impaired Market

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  Increasing number of people living with vision impairment is expected to propel growth of the global assistive technologies for visually impaired market. For instance, according to the first World report on vision issued by the World Health Organization in October 2019, over 1 billion people worldwide are living with vision impairment   because they do not get the care they need for conditions like short and far sightedness, glaucoma and cataract. Moreover, adoption of artificial intelligence (AI) in assistive technologies for visually impaired is also expected to aid in growth of the market. For instance, in January 2021, Facebook announced new improvements to Automatic Alternative Text, its AI technology that is used to generate descriptions of photos posted on the social network for visually impaired users. Development of new accessibility features for visually impaired users is expected to offer lucrative growth opportunities for players in the global assistive technologiesfor

Increasing Prevalence of Cardiovascular Diseases and Development and Launch of New Products to Augment Growth of ECG Monitoring Systems Market

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  Electrocardiogram or ECG is a graphical chart of the electrical activity of your heart measured via electrodes placed just above the skin surface. It is the most important test for interpretation of the cardiac rhythm, detection of myocardial ischemia and infarction, conduction system abnormalities, preexcitation, long QT syndromes, atrial abnormalities, ventricular hypertrophy, pericarditis, and other conditions. Market Dynamics Increasing prevalence of cardiovascular diseases is expected to propel growth of the global ECG monitoring systems market over the forecast period. For instance, according to the American Heart Association's Heart and Stroke Statistics 2020 Update, by 2035, 45.1% of the U.S population is projected to have some form of cardiovascular disease. Total costs of cardiovascular disease are expected to reach $1.1 trillion in 2035, with direct medical costs projected to reach $748.7 billion and indirect costs estimated to reach US$ 368 billion. Moreover, inc

Rapid Growth of the Oil and Gas Industry to Augment the Demulsifier Market Growth

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  Demulsifier is a category of specialty chemicals utilized in many industries, such as petroleum, to separate oils, for instance. They are most commonly utilized in the refinement of crude oil, which, is typically manufactured using large amounts of seawater. Because these two sources have too much salt in common, it is not surprising that they would have too much in common when it comes to being separated. Demulsifiers are based on chemicals such as polyamines, diepoxides, phenol-formaldehyde, polyamines, polyols, and epoxy resins. Refining crude oil involves many chemicals that must be separated, and a common way to achieve this is through the use of a demulsifier. Demulsifiers are extensively used in the oil and gas industry to separate water from oil. Market Dynamics: Increasing oil exploration and production activities worldwide are expected to propel the growth of the demulsifier market . For instance, according to the International Energy Agency, by 2025, the global oil d

Increasing Demand for Pesticides and Fertilizers to Augment the Chloroacetyl Chloride Market Growth

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Chloroacetyl chloride is an organic compound derived from the chlorination process of acetyl chloride with strong aliphatic acids. It is widely used as an intermediate in the production of various pesticides such as butachlor, alachlor, acetochlor, and metolachlor; around 100 million pounds annually. It is also used to produce phenacyl chloride and also used as tear gas. Moreover, chloroacetyl chloride is used in the preparation of various pharmaceutical formulations. It is also used as an intermediate in several important chemical products. Market Dynamics: Increasing food demand due to the increasing population worldwide, as well as increasing demand for pesticides and fertilizers in farming to increase crop production and meet the rising demand for food, is expected to propel the growth of the chloroacetyl chloride market . For instance, according to the Food and Agriculture Organization of the United Nations, overall food production needs to increase by 70% from 2005/07 to 2050

Increasing Demand for Female Hygiene to Augment the Airlaid Nonwovens Market Growth

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  Airlaid nonwovens have become an extremely popular product over the years. With the development of new technology and modern manufacturing processes, airlaid nonwovens has become an excellent alternative to other synthetic fibers such as polyester and nylon, which offer very low quality and durability. Airlaid provide comfort, flexibility, and adequate absorbency for products manufactured in the hygiene and personal care segment extending from female care products to home decoration. Because airlaid nonwovens have become so popular in recent years, many leading companies have launched new lines of these products for both men and women. Market Dynamics: Increasing demand for airlaid nonwovens, especially in the Asia Pacific, due to the increasing population rate and low penetration of feminine hygiene manufacturers is expected to propel the growth of the airlaid nonwovens market . For instance, the current population of India is 1,387,752,969 as of Wednesday, January 27, 2021, b

Global Wheelchair And Components Market Is Expanding Rapidly With Industry Leader Invacare Corporation Launching Invacare AVIVA FX Power Wheelchair With Front-Wheel Drive

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  A wheelchair is a chair with wheels, used when walking is impossible or difficult due to injury, illness, old age-related problems, or disability. These injuries include a broken leg, brain injury, cerebral palsy, motor neuron disease, muscular dystrophy, and Spina bifida. There are different types of wheelchairs namely powered wheelchair, manual wheelchair, sports wheelchair, pediatric wheelchair, etc. Rising prevalence of spinal cord injuries and other disabilities is expected to drive growth of the global wheelchair and components market. According to the World Health Organization (WHO), around 250,000 to 500,000 people suffer a spinal cord injury every year globally. According to the National Spinal Cord Injury Statistical Center’s “Facts and Figures at a Glance 2020”, around 294,000 U.S. citizens are currently living with SCI with 17,810 new cases each year. According to the same source, vehicular crashes are the most recent leading cause of injury followed by falls, acts of v

North America Scar Treatment Market To Witness Rapid Growth With Janssen Biotech, Inc. Completing Acquisition Of Bermekimab, An Anti-IL-1alpha Monoclonal Antibody, From Xbiotech

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  A scar is an area of fibrous tissue that replaces normal skin after an injury. Some scars are barely visible, while others may cause pain, restrict movement or affect sleep. Whether scars result from trauma, surgery, acne, or any other causes, treatments are out there to diminish their impact. There are even different kinds of scars, which depend on the underlying cause and appearance of the scars, so proper treatment must be sought and considered. Increasing incidents of burns and acne cases are expected to drive the growth of the North America scar treatment market . According to the Centers for Disease Control Prevention (CDC), around 1.1 million burn injuries in the U.S. require medical attention, while 4,500 of these people die each year. Furthermore, around 10,000 people in the U.S. die every year of burn-related infections. According to the American Academy of Dermatology Association (AADA), around 85% of people between ages 12 to 24 experience at least minor acne, affecting

Australia Lime Market Continues To Bolster With Mondi Plc Partnering With Adelaide Brighton Ltd And Pope Packaging For The Development A New Water-Resistant Paper Bag Named ‘Rain Barrier’

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  Lime is a class of calcified carbonated minerals. It consists mainly of aragonite and calcite, which are two distinctly different mineral forms of calcium (CaO3) carbonate (these being carbonates of different ionic radii). It is formed from different organic or inorganic compounds through organic precipitation or mechanical grinding. It was among those minerals which were exploited for building purposes during the Mesolithic age. It is usually found in large flat slabs and is found in many parts of the world. Increasing demand for wastewater treatment in Australia is expected to drive growth of the global Australia limemarket . Rising urbanization and population in Australia has increased the demand for wastewater treatment over the years. According to the Department of Environment and Science, Queensland Government, Australia, domestic households produce around 200 liters to 300 liters of wastewater per person per day. According to the same source, around 99% of wastewater is wate

Global Video Event Data Recorder Market Continues To Grow Owing To the Increased Demand from the Automobile Sector and Stringent Road Safety Measures Taken By Governmental Bodies across the World

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  Video event data recorder (VEDR) is a device that captures and stores the data from live events such as seminars, meetings, product demonstrations, trade shows, presentations, conventions, training programs, live concerts, and events that use sophisticated optics and light systems to create the video images at a recording-quality level. The devices can record the full duration of any event. VEDRs are integrated with advanced event management solutions that utilize advanced monitoring and reporting features to track, manage and analyze the captured data. Some systems also allow users to upload content directly from their computers or smartphones to multiple different locations and devices. Market Dynamics                                                The latest video event data recorders from leading brands like Canon, Casio, Fuji, Samsung, Olympus, Panasonic, Pentax, Samsung, Voip, Apple, Blackberry, and PIXA are all designed to improve the quality of video capture. The newest p

Increasing Sale Of Smartphone Across Emerging Countries Is Propelling The Growth Of The Bulk SMS Marketing Services Market

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  Bulk SMS Marketing Services, also known as Bulk Text Message Marketing (BSM), is the process of sending short key-word-rich messages to a large number of mobile phone users in a short interval of time. The aim of this marketing tool is to create substantial customer satisfaction and brand loyalty through its ability to increase sales. Bulk SMS services help businesses and other organizations in selling their products and services to the masses on a large scale, by leveraging the power of the Internet and mobile phones. It has also helped businesses attain new market territories and improve profitability. This service helps companies gain more ROI and tap into new and potential markets. The increasing adoption of artificial intelligence for bulk SMS services is driving the growth of the bulk SMS marketing services market. The growing need for enhanced communication service with customers is encouraging manufacturers to implement the smarter solution, thus fueling the growth of the m

Handheld Imaging Devices Market Is Gaining Major Traction With GE Healthcare Introducing Discovery MI Gen 2 PET/CT System For Digital Detection With Innovative Reconstruction Technology

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  Handheld optical imaging devices can be used to detect and monitor various diseases, such as diabetes, arthritis, and heart diseases. These devices have been specifically designed to be lightweight and mobile, which allows them to easily be moved around to provide continuous surveillance during work or leisure activities. Furthermore, they are commonly used by nurses, doctors, and laboratory technicians to observe certain diseases, such as gallstones, tumors, and other diseases. Some handheld devices are designed to offer 360-degree coverage from the camera lens, which makes them useful for detecting abnormalities and diseases on a wide scale. The importance of these devices in the health care industry is due to their portability, ease of use, and ability to provide continuous surveillance. High prevalence of oral cancer is expected to drive growth of the global handheld imaging devices market . According to the World Health Organization (WHO), there around 657,000 new cases of the

Orthopedic Regenerative Medicine Market Is Growing Rapidly With Eli Lily And Company Acquiring Prevail Therapeutics Including Clinical Program PR001, An Experimental Gene-Therapy For Neuronopathic Gaucher Disease

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  Orthopedic regenerative medicine is a rapidly expanding area of medical science. As medical science continues to discover new and effective ways to deliver treatments to patients, it is often changing the way we do surgery. For example, researchers have learned that by using stem cells in anti-inflammatory arthritis clinical trials, the pain experienced by some patients can be greatly reduced. Stem cells are also being used for the direct delivery of anti-inflammatory proteins in cartilage repair and tissue regeneration. These types of treatments hold great promise for treating a wide variety of ailments. Rising prevalence of chronic diseases such as osteoarthritis and tendon, ligament, and cartilage injuries is expected to drive growth of the global orthopedic regenerative medicine market. According to the Centers for Disease Control and Prevention (CDC), osteoarthritis affects over 32.5 million U.S. adults. According to the global burden of disease study, around 10 to 15% of all

Optical Coherence Tomography Devices Market Continues To Grow As ZEISS Medical Technology Launches CIRRUS 6000 1000khz, An Optical Coherence Tomography Device To Enhance Efficiency

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  Optical Coherence Tomography is a special type of tomography used in medical imaging. It is basically a device that uses light waves to create a very thin optical film that can then be used in the imaging process. It is normally used in the treatment of glaucoma and the treatment of diabetic optic nerve. This type of imaging has revolutionized medical imaging and provided much-improved image quality over what has been available in the past. Continuous technological advancements in the field of diagnostics are expected to drive growth of the global optical coherence tomography devices market. Key companies in the field of healthcare, medical device, biotechnology, and pharmaceuticals are focused on continuous research and development activities, in order to innovate new diagnostic technologies. For instance, in January 2021, a team of researchers at Cardiff University developed a test to identify severe short-sightedness. Furthermore, in January 2021, Aladdin Healthcare Technologies