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Recent Media Releases


The following is a compilation of the press releases for reports published by Persistence Market Research.
  • Mobile Analytics Market to Expand at Impressive 22% CAGR through 2030; Increasing Use of Smartphones amidst COVID-19 Pandemic Heightening Demand

    Published On : Jul 24, 2020

    Organizations across various industries are focusing on deploying application performance analytics to get real-time analytics and also to increase user engagement with their mobile applications. During these times where most people are staying at home and using wireless devices, the requirement of such mobiles analytics tools is even more important and fruitful.

    As per findings of a new market research report by Persistence Market Research, worldwide sales of the mobile analytics market are anticipated to exhibit a CAGR of 22% during the forecast period, reaching a valuation of US$ 23.3 Bn in 2030.

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  • Endodontic Devices Market to Reach US$ 2.7 Bn by 2030-end; Restrictions on Manufacturing Due to COVID-19 Spread Hurting Market Growth

    Published On : Jul 23, 2020

    Root canal is a major procedure done for patients with dental caries, irreversible pulpitis, and periapicus cysts. Endodontic devices are used to perform successful root canal procedures and treat patients suffering from various dental infections. In the U.S, approximately 90% of young adults have dental caries, while out of all dentate adults, approximately 94% suffer from coronal caries. According to estimations by WHO, on a global basis, 200,335,280 teeth were either decayed, filled, or missing among just this age group. Also, as per WHO statistics, 68% of children below 12 years old have dental carries, and only 39.7% children who are below years old are free from carries. However, it is estimated that, dental caries is on the rise due to inadequate exposure to fluorides and increased sugar intake.

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  • IT Infrastructure Monitoring Market to Cross US$ 43 Bn Valuation in 2030; Need for Smooth Operations While Working Remotely during COVID-19 Pandemic Surging Demand

    Published On : Jul 23, 2020

    IT infrastructure is becoming more complex, larger, and more distributed, as many organizations are adopting advanced technologies within their IT infrastructure. IT departments are upgrading existing systems to make them capable of adopting hardware changes, support machine virtualization, and run applications across disparate data centers. IT Infrastructure monitoring solutions help organizations meet Service Level Agreements (SLAs). IT departments set SLAs according to the level of performance they can expect from their devices, networks, servers, and resources that they use. Monitoring solutions help IT departments drive decision-making about resource provisioning, troubleshooting, and capacity planning. Thus, increasing adoption of IT infrastructure monitoring solutions to reduce complexity is driving the growth of the IT infrastructure monitoring market.

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  • Liposomes Market to Expand Twofold by 2030; Increasing Clinical Trials for Liposomal Vaccine Development for Combating Covid-19

    Published On : Jul 22, 2020

    Liposomes are a novel system widely used in the field of drug delivery, gene delivery, medical imaging, and model cell membrane biology. Stealth liposome technology, DepoFoam technology, and non-PEGylated liposomal technology are gaining significant adoption in the development of liposome-based products. Growing research & development activities for the delivery of anti-fungal, anti-cancer, anti-inflammatory drugs, and therapeutic genes are boosting the demand for liposome formulations. Liposomes have the ability to overcome the limitations of conventional therapy and provide benefits in various therapeutic applications, ranging from cancer to pain management. Encapsulation of drugs in liposomes improves the therapeutic indices of various agents.

    According to PMR, the global liposomes market was valued at US$ 6.5 Bn in 2019, and is expected to expand at a CAGR of around 7% during the forecast period (20202030).

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  • Examination and Surgical Gloves Market to Be Valued Over US$ 13 Bn by 2030-end; Surging Sales Witnessed to Combat COVID-19 Spread

    Published On : Jul 21, 2020

    The use of examination and surgical gloves has increased due to rising awareness among healthcare workers regarding hygiene and health. Additionally, increasing risk of infections during surgeries and maternity care as well as hospital-acquired infections has led to the growing demand for surgical gloves. The advent of minimally-invasive surgeries has fueled the demand for examination and surgical gloves among different end users, such as hospitals, office-based clinics, skilled nursing facilities, and diagnostic laboratories. With the growing elderly population, the incidence of infections and surgeries has increased tremendously. The demand for disposable gloves is being driven by their low cost when compared to reusable gloves.

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  • Psyllium Husk Powder Market to Reach US$ 155 Mn by 2030; High Demand for Dietary Supplements during COVID-19 Pandemic Boding Well for Market Growth

    Published On : Jul 21, 2020

    Increasing number of health-conscious individuals are consuming food that contains additional minerals and fibers. The food offered by different manufacturers today goes through a lot of processing, which takes away the necessary minerals and fibers from it. This factor has influenced the sales of functional ingredients that add value to the food by providing necessary nutrients. Functional food is seen as an alternative to different supplements that are used by core supplement users. Psyllium husk powder is used as a wonder product in health drinks, beverages, ice cream, bakery products, rice cakes, jams, instant noodles, breakfast cereals, and others, to improve the fiber content of the food. Increasing disease occurrence has led to rising sales of mineral- and fiber-rich food and beverages, thus, driving the growth of the psyllium husk powder market.

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  • Contextual Marketing Solution Market to Expand 5X by 2030; Surging Content Consumption on Mobile Devices during COVID-19 Pandemic Boosting Market Growth

    Published On : Jul 21, 2020

    Mobile advertising is a rapidly developing sector, providing marketers, agencies, and brands the opportunity to connect with customers beyond digital and traditional media directly on their mobiles. This is a major factor that is surging the demand for contextual marketing solutions across the world.

    As per the findings of a new market research report by Persistence Market Research, worldwide revenue of the contextual marketing solution market reached US$ 144.70 Bn in 2019, and is anticipated to exhibit an impressive CAGR of 17% during the forecast period (2020 to 2030).

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  • RUTF & RUSF Market to Reach US$ 470 Mn by 2030; Rising Unemployment & Malnutrition amidst COVID-19 Pandemic Aiding Market Growth

    Published On : Jul 20, 2020

    Various government bodies and NGOs such as UNICEF, WFP, and Save the Children are concerned about rising child mortality rates due to malnutrition. These organizations, along with various government-aided initiatives, are focusing on allocating funds for the purchase and distribution of RUTF & RUSF products in developing regions such as Africa and Asia.

    • UNICEF has planned to spend a total of US$ 20 Bn from 2018-2021, from which, around US$ 2.8 Bn has been allotted for health, nutrition, and child protection. This factor itself has created huge opportunities for manufacturers in the RUTF & RUSF market.

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  • Mammalian Cell Banking Market Expanding at Impressive 14% CAGR; Rising Demand for Cell Lines for COVID-19 Vaccine Trials Surging Market Growth

    Published On : Jul 20, 2020

    Cell banks allow the storage and generation of detailed characterizations of cell lines with specific genomes for research use. Mammalian cells are mostly used in the biopharmaceutical industry for the production of recombinant therapeutic proteins. Moreover, mammalian cell lines are used as host cells for the production of biologics in the biopharmaceutical industry.

    The mammalian cell banking market is expanding with increasing cancer research. Companies are channelizing efforts to maximize productivity, flexibility, and throughput capabilities. Additionally, with the research community’s ever-evolving needs, the demand for specialized cell culture has grown, and due to this, most manufacturers that are currently offering these services cannot depend solely on sales from catalog services.

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  • Polyisoprene Latex Market to Reach US$ 236 Mn by 2030; Surging Demand for Protective Equipment amidst COVID-19 Pandemic Propelling Market Growth

    Published On : Jul 16, 2020

    Synthetic rubber such as polyisoprene latex has similar properties to natural rubber, along with additional protection and physical properties. Polyisoprene latex is extensively used for manufacturing products such as gloves, condoms, adhesives, and various PPE. Increasing demand from the medical sector is expected to drive the production of polyisoprene latex. As the preference of using PPE is increasing for the protection of medical workers and patients, manufactures are increasing investments toward product development in the polyisoprene latex market. Also, growing awareness regarding unplanned pregnancies and STDs is expected to propel the demand for polyisoprene latex from the wearable contraceptive market.

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  • Tiki Torches Market to Reach US$ 1.1 Bn by 2030; Restrictions on Events and Gatherings Due to COVID-19 Outbreak Hurting Market Growth

    Published On : Jul 14, 2020

    Millennials are playing a significant role in shaping the future of the e-Commerce industry. For instance, the millennial generation accounts for more than 25% of the U.S. population, which has been growing by 3% since 2016. This group in the stage of turning into new parents, and will continue to hold great potential for the home décor market. This has compelled tiki torches market players to enhance their e-Commerce penetration. Such enhanced brand presence in the market is driving the growth of the tiki torches market. Young shoppers often prefer convenience and immediacy over saving money on shipping and product prices. This has made it important for players in the market to offer immediate delivery services.

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  • Food Grade Phosphate Market to Cross US$ 35 Bn Valuation in 2030; Reduced Demand from F&B Industry Due to COVID-19 Pandemic Affecting Market Growth

    Published On : Jul 14, 2020

    Awareness regarding high-quality food that contributes to good health, convenience, and nutritional value has inclined consumers toward a healthy eating regime. Consumers today demand additives that have health benefits and that are also clean label. Food grade phosphate maintains and repairs tissues and cells, supports growth, is involved with the storage and use of energy while reducing muscle pain after exercise, and helps maintain normal acid-base balance in the body. Along with these health benefits, it also provides texture and enhances the flavor of food products.

    All these factors are driving the growth of the food grade phosphate market, which has witnessed substantial growth over the years. This trend is anticipated to continue over the forecast period of 2020-2030, at a CAGR of 3%.

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  • Bulk Acoustic Wave (BAW) Filter Market to Expand at Impressive 19% CAGR through 2030; Supply Chain Disruptions Due to COVID-19 Outbreak Impeding Growth

    Published On : Jul 14, 2020

    The number of IoT devices is increasing across various locations, including smart homes, hospitals, and college campuses. To serve this increasing IoT demand, new network models such as mesh networks are being developed that increase the radio frequency (RF) complexity in access points. Due to an increase in the number of users and connected devices, RF front-end modules need to support wireless radio needs and also Wi-Fi additional band needs by increasing functionality and decreasing the size of the device. Due to this, the number of RF-chains in routers and access points increase, and thermal management challenges occur. To overcome the challenge, bulk acoustic wave filters are used, as these filters provide stability over temperature shifts and lower the temperature drift, which helps mitigate insertion loss and leads to good product thermal characteristics. Bulk acoustic wave (BAW) filters offer extremely steep skirts, which simultaneously exhibits low loss in the Wi-Fi band and also resolves the co-existence Wi-Fi and LTE signals within the same device or near one another. These filters address the stringent thermal challenges of multiple input-output systems and multi-users without comprising on emission performance and compliance.

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  • Rock Candy Market to Be Valued at US$ 850 Mn in 2030; Manufacturing & Supply Chain Disruptions Caused by COVID-19 Outbreak Impeding Market Growth

    Published On : Jul 13, 2020

    Consumers nowadays are showing more interest in flavored candies. As such, over the last few years, manufacturers have introduced different fruit flavors and formats to increase their consumer base. Manufacturers are looking to use tasty and flavorful ingredients in rock candies, such as blackcurrant, passion fruit, aniseed, and such others.

    • For instance, Australian Sweet Co. is increasing its focus on expanding the flavor profile of its rock candy products. The company has introduced a new exciting range of flavors, which includes aniseed, fruit rock candies, and others.
    • The Sugar Crystal Company offers a diverse range of rock candy crystal sticks, such as white natural rock candy sticks, blue raspberry rock candy sticks, green apple rock candy sticks, and others.

    The global rock candy market has witnessed substantial growth over the past few years, and this trend is expected to continue through the course of the forecast period (2020 to 2030).

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  • Agave Syrup Market to Cross US$ 880 Mn Valuation in 2030; Production & Supply Chain Disruptions Due to COVID-19 Outbreak Hampering Market Growth

    Published On : Jul 13, 2020

    Customers are demanding healthy food with additional nutrition contents, as the easy availability of health and nutrition information is blurring the lines of what types of products are required to maintain health. Agave syrup, being a natural plant-based product, consists of nutrients such as vitamin C, vitamin B, potassium, calcium, and selenium, all of which are beneficial to health. Growing demand for low-calorie sweeteners in beverages has led to increased application of agave syrup by manufacturers involved in the beverage industry, thus boosting the sales of agave syrup.

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  • OTC Consumer Healthcare Market to Surpass US$ 250 Bn by 2030; COVID-19 Outbreak Catalyzing Sales of OTC Drugs

    Published On : Jul 10, 2020

    Increasing awareness regarding self-care is a major factor contributing to the growth of oral health care related to cough, cold, allergies, analgesics, and others. The COVID-19 pandemic has only amplified this trend, which is expected to continue in the foreseeable future. Among the regions, North America is the largest market for OTC consumer healthcare, due to the presence of a large number of key players and high concern for health among customers in the region. The market East Asia is likely to register high growth in the coming years, due to the increasing older population coupled with the high presence of common ailments among the people. This is expected to boost the demand for OTC pharmaceuticals and dietary supplements in the region.

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  • Organic Milk Powder Market Size to Double in Next Ten Years; Slowdown of F&B Industry amidst COVID-19 Pandemic Hurting Market Growth

    Published On : Jul 09, 2020

    Infant formula is one of most vital baby food, and consumers are more concerned regarding its quality. This has further increased the demand for organic and high quality infant formula among consumers. Since organic milk powder is a major base of organic infant formula, its demand is expected to increase over the coming years. Furthermore, organic milk powder is more nutritious than conventional milk powder, as it is beneficial for promoting immune health and useful for brain and eye development of babies. Key characteristics such as absence of artificial flavor, hormones, preservatives, and other artificially-sourced ingredients enhance the quality of the products.

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  • High Purity Quartz (HPQ) Market to Reach US$ 1.7 Bn by 2030; COVID-19-related Disruptions in HPQ Supply Chain and Semiconductor Industry Hurting Market Growth

    Published On : Jul 08, 2020

    High purity quartz is quartz (SiO2) with 99.99%+ purity, and is very rare. Most naturally occurring quartz contain a variegated range of impurities, among which, contamination from substantial elements such as Al, Ti, and Li are impossible to remove, if structurally bound to silica. The growth of the high purity quartz (HPQ) market is majorly driven by increasing demand from the electronics sector. In terms of geographical perspective, demand is majorly driven by East Asia and Europe, especially from China, Germany, etc. HPQ’s significant characteristics such as consistent quality, and negligible amount of impurities as compared to general silica sand, make it more preferable.

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  • Office-based Lab Market to Expand 3.4X by 2030; Priority for COVID-19 Care at Hospitals Increasing Opportunities for OBLs

    Published On : Jul 06, 2020

    The office-based lab model can deliver primary care with the presence of a physician. This has increased the utilization of non-physicians to provide effective solutions at office-based labs. This factor has surged the number of non-physician graduates from 2013 to 2015, at a CARG of 10.6%. Simultaneously, the demand for non-physician clinicians has also increased at primary care facilities.  This is due to the fact that there are specific primary care that can be provided more comfortably by non-physicians rather than physicians.

    According to a latest report published by PMR, the global office-based lab market was valued at US$ 19 Bn in 2020, and is expected to witness a healthy CAGR of around 13% during the forecast period (20202030).

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  • Healthcare Safety and Risk Management Solutions Market to Expand at 11% CAGR through 2030; Higher Growth to be Witnessed during COVID-19 Pandemic

    Published On : Jul 02, 2020

    The healthcare safety and risk management solutions market is anticipated to grow 11% annually through the period of 2020 to 2030, due to increasing adoption of advanced healthcare IT solutions such as big data, bioinformatics, genomics, and image analysis. These solutions include informatics from deep learning applications such as electronic health records (EHRs) and image processing, to assist physicians with the diagnosis and management of disease states. 

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