Coherent Market Oriented Blogs

  Digital transformation in healthcare is mostly used by the health care systems to enhance service delivery. But it has also an effect on the business side of the industry - the management of the digital transformation in healthcare. Let's take for example a hospital that is implementing digital transformation in healthcare. The hospital will be able to offer its services in various ways to its prospective patients. These digital services in healthcare organizations allow the providers as well as the administrators to monitor the health of every patient very easily. In addition, this system will allow the providers to cater to every patient's need at any point in time - right from scheduling to appointment confirmation to the payment of medical bills. The system of digital services will also allow health care organizations to manage their patients' records very closely. This is because they will be able to access the necessary data at any point in time to fix the payment...

  The growing global competition and changing business scenarios are encouraging the hospitality sector to focus on improving customer services. This is a major factor propelling the growth of the smart hospitality management market. Moreover, various hotel operators have started offering advanced solutions such as room temperature control, online room selection, and smart robots for customer service to increase the consumer base. For instance, in 2018, the first fully automated hotel Smart LYZ was opened in China. The hotel provides fully automated services right from check-in to check out. The customer needs to verify his or her mobile number at the entry and the hotel has robots that carry food or any other requests made by hotel guests to their room. North America is expected to lead the global smart hospitality management market and this is attributed to the rapid adoption of smart technologies such as artificial intelligence, automation, and others by major hotel operators...

  The growing prevalence of cancers such as breast cancer in women is driving the growth of the global Herceptin biosimilar market. According to the World Health Organization’s report published in 2019, approximately 627,000 women across the globe died from breast cancer and it accounted for around 15% of all cancer deaths among women in 2018. Also, the rising prevalence of gastric cancers such as metastatic gastric cancer is again contributing to the growth of the Herceptin biosimilar market. According to the US National Library of Medicine’s report published in 2018, gastric cancer is the fifth most common neoplasm in people and the third most deadly cancer across the globe. According to the same source, gastric cancer accounted for around 783,000 death globally in 2018. Key players engaged in the global Herceptin biosimilar market include AryoGen Biopharma, Amgen Inc.,  Biocon Limited,  Pfizer Inc., Merck & Co., Inc., Celltrion Inc., Accord Healthcare Ltd, Gedeo...

  The increasing prevalence of chronic disorders is expanding the global IV infusion bottle seals & caps market size. For instance, according to a report by World Health Organization (WHO), 2017, chronic diseases are the major cause of disabilities, worldwide. Moreover, 73% of deaths in 2020 are expected to be due to chronic diseases. In addition, four of the most prominent chronic diseases include cardiovascular, cancer, pulmonary, and type 2 diabetes. According to the World Health Organization (WHO), around 18.1 million cancer cases and 9.6 million deaths were registered globally in 2018. The increasing cancer burden is due to several factors, including population growth and the geriatric population. Asia Pacific is expected to dominate the global IV infusion bottle seals & caps market and this is attributed to the increasing investment in the packaging industry key players in the region. For instance, in August 2020, Creador, a Malaysia-based private equity firm inves...

  Medical foods are intended for the dietary management of a patient who has limited or impaired capacity to ingest, digest, absorb, or metabolize common foods or certain nutrients, or who has other special medically determined nutrient requirements. Some examples of medical foods are products for chronic diarrhea, oral rehydration products, formulations for metabolic disorders, special infant formulas, and special nutritional formulas for those with kidney disease, AIDS, diabetes, or inborn errors in metabolism. Medical foods are not drugs and, thus, are not subject to any regulatory requirements that specifically apply to drugs. Majority of the U.S. medical foods market is concentrated in Europe and the United States due to the presence of leading market players in these regions such as Yakult Honsha, Nestle, and others. In February 2020, Carbiotix announced that the company will target the launch of a medical food in the U.S. by H2 2021, thus entering a new gut health modulato...

       Sexual health is an important part of a person’s physical and mental health. According to the World Health Organization (WHO), sexual health requires a respectful and positive approach to sexual relationships and sexuality, as well as the possibility of having pleasurable and safe sexual experiences, free of coercion, violence, and discrimination. Sexual health leads to a healthy sex life without any sexually transmitted diseases, and to take preventive measures to avoid sexually transmitted infections. The elderly population (geriatric population) often suffer from one or more sexual disorders, such as premature (early) ejaculation, erectile dysfunctions, dyspareunia, and hypoactive sexual desire disorder, among others. Thus, with the increasing geriatric population worldwide, the prevalence/incidence of sexual disorders is also increasing, driving the growth of the sexual health market . According to WHO, the world's population aged 60 years and older is e...

  The major factor driving the diabetes nutrition market growth is the increasing prevalence of diabetes around the world. According to the World Health Organization (WHO), worldwide, diabetes was the direct cause of around 1.5 million deaths in 2019. Moreover, according to the American Diabetes Association, in 2018, around 34.2 million people in the United States, or around 10.5% of the population, had diabetes, of which, 26.8 million were diagnosed, and 7.3 million were undiagnosed. Thus, the demand for diabetes nutrition has increased worldwide, especially in the U.S. As a result, the diabetes nutrition market is expected to witness strong growth in North America. Diabetes nutrition play an important part in the management of diabetes. These dietary products contain less sugar and carbohydrate, and thereby, help control blood glucose levels. These products are often consumed by both diabetic and non-diabetic patients to prevent diabetes. Moreover, diabetes nutrition help regul...

  The disposable incontinence products market has been growing dramatically over recent years. This is largely due to a number of factors. One is high prevalence of several urological diseases, leading to increased need for products that can help people deal with their condition. The other factors driving the disposable incontinence market changes in health care and pharmaceuticals that have come on strong in recent years. The global disposable incontinence products market outlook period for this sector covers a five year period. Looking at this forecast period, we can see that there is a lot of change taking place in both supply and demand. On the supply side, disposable incontinence products manufacturers are coming up quickly and many new incontinent aids are hitting the shelves which had not been available before. The emergence of urinary catheters as an important product is also starting to impact the outlook for this category of product. Here too, many new products are app...

  Growing adoption and rapid advancement in lithium anode batteries are fostering the growth of the global cardiac rhythm management devices batteries market. The advent of lithium anode that are weight, high reliability and predictability, small size,   high energy density, and the long service life is again driving the growth of the cardiac rhythm management devices batteries market. Various institutes are focussing on R&D activities for lithium anode batteries. For instance, in July 2018, a study, ‘Ionic Liquid-Based Electrolyte Membranes for Medium-High Temperature Lithium Polymer Batteries’ published in the journal MDPI Membranes, reported the development of PEO-LiTFSI Li+-conducting membranes, containing the PYR14TFSI ionic liquid, as electrolyte separators for all-solid-state lithium polymer batteries operating at medium-high temperatures. On the other hand, growing product recall and warnings are projected to restrict the growth of the market. For instance, in Ma...

  1.       In December 2017, A new fish-based wafer snack - Nutrix, produced to treat severe acute malnutrition in children, was launched in Cambodia. Nutrix has been developed by the United Nations Children's Fund (UNICEF), the French National Research Institute for Sustainable Development 2.       In August 2017, Tata Steel handed over RUTF (Ready to Use Therapeutic Food) to the Deputy Commissioner (DC) of West Singhbhum at Malnutrition Treatment Centre (MTC) Chaibasa (Sadar) Increasing cases of malnutrition around the globe is driving the growth of the ready to use therapeutic food market. According to the World Health Organization, millions of people are suffering from different forms of malnutrition. In fact, 1.9 billion adults are overweight or obese while 462 million are underweight. Among children, 52 million under-fives are suffering from wasting, where they have a low weight for height. Growing demand for drinkable RUT...

  Barley grass has been a popular herb in the English countryside for hundreds of years. In fact, it was mentioned in the Domesday Book as one of the herbs grown for use. It is cultivated throughout much of Europe by peasant farmers and is an excellent source of nutrition. The name "grass" originates from Latin meaning grain, and because barley is high in protein, grass is often thought of as being a replacement for wheat for those on a vegetarian diet. The barley grass market is growing due to rising consumer demand for barley grass, which offers several health advantages. Barley grass has a strong antioxidant concentration, making it a good choice among health-conscious customers. The consumption for barley grass is growing in line with the desire for natural foods and beverages. In February 2021, Green Butcher, an Indonesian start-up company focused on delivering meat-free food products, received a round of seed-funding from a New York-based investor, Unovis Asset Manage...

  Rapid growth in the dairy industry is predominantly fueling the growth of the die cut lids market. According to the Food and agriculture organization of the United Nations, the Global milk output in 2018 is estimated at 843 million tons, an increase of 2.2 percent from 2017, which is influenced by growth in the production of milk across India, Turkey, the European Union, the United States of America and Argentina. Robust growth in the organized retail sector around the globe is also contributing to the growth of the market. Due to this, there is increasing consumption of the organized retail sector around the globe. Increasing use of die-cut lids as a new marketing tool for increasing sales and enhance the visibility of the brand is again stimulating the growth of the die-cut lids market. Increasing spending on processed food products by the consumer will further favor the growth of the market. According to the United States Department of Agriculture Economic Research Service, ...

  The growing adoption of haptic technology in consumer electronics is driving the growth of the global haptic technology for mobile devices market. Nowadays haptic technology is a common technology found in most smartphones and tablets. Growing penetration of the internet of things (IoT) in emerging economies has raised the demand for tablets, smartphones, and other mobile devices. According to Coherent Market Insights, in China, the penetration of smartphones increased from 676.5 million in 2017 to 782.3 million in 2020. Also, the growing popularity of smart wearables such as smartwatches are using haptic technology is further anticipated to augment the growth of the haptic technology for mobile devices market . On the other hand, haptic technology consumes high power which is expected to hamper the growth of haptic technology for the mobile devices market. The Asia Pacific is expected to gain significant growth over the forecast period and this is attributed to the increasing ...

  As per a 2020 report from the World Health Organization (WHO), about 50% of the global population is estimated to be deprived of clean drinking water by 2025. Due to the increasing demands for safe drinking water around the world, there's mounting demand for portable, affordable, high-performance liquid dispensing pipeline water purifier systems. In addition, there are so many untapped remote rural regions for pipeline water purifier systems. Around the world, reverse osmosis is commonly utilized in the filtration. Pipeline water purifiers nowadays provide numerous steps of filtration to assure water purity. In the water treatment, pipeline water purifiers employ methods such as recycled water, UF treatment, UV filtration, or a hybrid of these technologies. The majority of the population still drinks bottled water from plastic bottles, even though it is known to be carcinogenic and highly toxic for drinking. In these regions, pipelines may not be readily available or may not be...

  Offshore remote operated vehicles (ROVs) plays an important role in carrying out underwater activities in offshore industries. It is difficult for divers to work in deep water. ROVs provide a unique solution to this problem. These vehicles are often used when diving by humans is either dangerous or impractical, such as investigating submerged hazards or working in deep water. They are used for underwater inspection, monitoring, and surveillance. Offshore remote operated vehicles are widely used in a variety of industries, such as search and rescue, military, recreation and discovery, aquaculture, marine biology, oil and gas, offshore energy, shipping, submerged infrastructure, and more. The aforementioned factors are expected to accelerate the growth of the offshore remote operated vehicle market. Offshore industries, such as the oil and gas industry, requires ROVs to perform underwater maintenance, installation, inspection, and repairing activities. For instance, in June 2020,...

  A laser displacement sensor (non-contact type sensor) is primarily used to measure the range where an object is to travel and with respect to the reference position. They are widely used to measure the deflection, flatness, vibration, diameter, thickness, height, width, etc. of an object. In laser displacement sensor, a lens focuses the beam on the target that reflects the beam back through a lens where it is focused on the position-sensitive detector (PSD). Therefore, with the increasing demand for automation in various end-use industries, such as logistics, packaging, manufacturing, and automotive, the demand for laser displacement sensor is also increasing with a rapid pace, propelling the growth of the laser displacement sensor market. In automation, sensors play a vital role, thereby increasing the laser displacement sensor market in the near future. Laser displacement sensors are more accurate and offer a wider range of applications compared to conventional contact-type...

  De-aromatic solvents are a class of hydrocarbon solvents characterized by the presence of naphthenic, iso-paraffinic, and paraffinic with very low aromatic content. They are an effective alternative to conventional solvents due to their less VOC (volatile organic compound) content and toxicity. Thus, there is an increasing demand for de-aromatic solvents, as replacement of traditional solvents, due to its less VOC content and toxicity. This in turn is expected to drive the growth of the de-aromatic solvents market. Moreover, increasing awareness among people about the negative environmental impact of solvents is also propelling the de-aromatic solvents market growth. For instance, the United States and European Union have framed policies for solvent use to prevent VOC emissions that are released into the atmosphere. Moreover, de-aromatic solvents are used to manufacture mosquito repellents and de-aromatic insecticides. These solvents are widely used in consumer products, drilli...

  According to Coherent Market Insights, the neonatal ventilator market is expected to witness significant growth in the near future. The anticipated growth of the market will be facilitated by government funding that will allow supply companies to expand capacity, offering consumers better access to high-quality and cost-effective systems. More baby boys born every month are also resulting in an increased need for systems, with the market projected to have a much greater demand for technologically advanced ventilators and other life support systems in the years to come. As baby boys become a more common statistic, the business opportunity presented by this exciting market becomes all the more lucrative. According to Coherent Market Insights, the global neonatal ventilator market is also expected to witness significant growth due to high prevalence of respiratory diseases and preterm births. According to March of Dimes 2019 report card, the preterm birth rate in the U.S. reached ...

  Train seat materials mostly include foam seats and seat coverings which are utilized in the designing and manufacturing of train seats. These materials usually include synthetic rubber, plastic, and leather for the train seat cover. These seat covers are utilized for train seating as well as for the cushioning of their seats. One can also find seat berths that are manufactured using these same materials. These seat berths are elevated seats that mainly have rails or platforms which are set at a particular height so that one can climb over and lie down. The increased investments in railways, especially in the developing nations is the main factor that is driving the growth of the global train seat materials market. For instance, according to BloombergQuint, in 2021, the total expected investment in the Indian railways will be around US$ 20,000. This investment is going to help in the concerns related to the eco-friendly mode of transportation along with the scarcity of energy an...