Recent Media Releases
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Guerbet Alcohol Market Valuation to Touch US$ 1.5 Bn by 2030; High Usage in Personal Care Products Surging Demand Due to Covid-19 Pandemic
Published On : Apr 21, 2020
Guerbet alcohols are used as cosmetics ingredients to provide multifunctional properties. They act as a super fattening agent, emulsion stabilizer, perfuming agent, viscosity increasing agent, and binder. Also, due to their hydrocarbon branching, guerbet alcohols exhibit relatively good oxygen permeability, which is an essential property for skin applicants and used to make cosmetics emollients. Moreover, OSHA defines these alcohols to be non-hazardous substances, i.e. they are relatively safer alternatives to some other conventionally used ingredients for cosmetics products.
The guerbet alcohol market recorded a volume of 121,355 tons in 2020, and the market is expected to exhibit a CAGR of 4 % during the forecast period (2020-2030).
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ADHD Therapeutics Market to Expand Twofold by 2030; Deprioritized Status of ADHD in Hospitals Due to Covid-19 Pandemic Surging Market Growth
Published On : Apr 21, 2020
Both, stimulants and non-stimulants are gaining significant demand for the treatment of attention-deficit hyperactivity disorder. ADHD is one of the most common childhood disorders, and is more prevalent in males than females. ADHD is a chronic condition where treatment cannot cure the patient; however, early diagnosis and treatment could mitigate the symptoms. There are many effective ADHD therapeutics available, such as stimulants, amphetamine, and methylphenidate, which are generally selected by physicians for first medication. Besides, manufacturers are also continuously focusing on the development of new ADHD therapeutics with a diversity of mechanisms and functions.
The global attention-deficit hyperactivity disorder (ADHD) therapeutics market was valued at US$ 19 Bn in 2020, and is expected to witness a CAGR of 7% during the forecast period (2020–2030).
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Electroencephalography Devices Market to Double in Value by 2030; Covid-19 Pandemic Creating Increased Demand from Hospitals & Clinics
Published On : Apr 21, 2020
The use of electroencephalography (EEG) devices is gathering momentum around the world, owing to its proven clinical advantages over other brain imaging techniques for the diagnosis of various neurological disorders. Electroencephalography devices are the most promising devices used to measure and record electrical activities in the brain, which helps in the diagnosis of epilepsy, Parkinson’s disease, Alzheimer's disease, and other neurological disorders. Increase in the demand for high-quality EEG devices along with advances in technology have amplified the success of electroencephalography devices for the diagnosis of brain disorders. Electroencephalography devices have gained clinical significance on basis of their performance, such as measuring cognitive functions and seizure diagnosis through ambulatory EEG.
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Asphalt Additives Market to Top US$ 7 Bn by 2030; Stalled Infrastructure Projects Due to Covid-19 Pandemic Leading to Demand Decline
Published On : Apr 20, 2020
Asphalt additives are external chemicals or materials added to asphalt to enhance its properties and performance, and also enhance its functional temperature. At a higher temperature, the viscosity of asphalt decreases significantly, and increases at a lower temperature, which hampers the usage of asphalt in roads, pavements, and other infrastructure. The addition of asphalt additives helps overcome this problem; it increases film thickness, thus preventing cracking, raveling, and deformation. This, in turn, reduces the maintenance cost of asphalt-constructed structures.
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Roasted Soybean Market to Reach US$ 2.5 Bn by 2030; Supply Chain Issues and Reduced Demand Witnessed Due to Covid-19 Pandemic
Published On : Apr 17, 2020
The global roasted soybean market has been witnessing steady growth since the past few years, and this growth trend is projected to continue throughout the forecast period of 2020-2030. The global roasted soybean market is estimated to register a CAGR of 6% throughout the forecast period.
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Waterjet Cutting Machine Market to Expand Over 2X by 2030; Coronavirus Pandemic to Restrict Demand in Short Term Following Factory Closures
Published On : Apr 17, 2020
High productivity as well as accuracy and efficiency in the cutting of expensive/high-cost metals are offered by waterjet cutting machine. Since there is no generation of heat or mechanical stress, the process is considered to be highly efficient. Thus, increase in the requirement for strict tolerance machines in precision cutting operations in the automotive industry, as well as other industries, is expected to boost the demand for waterjet cutting machines.
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Mesotherapy Market to Reach US$ 800 Mn Valuation by 2029; COVID-19 Pandemic to Hamper Manufacturing Activities
Published On : Apr 16, 2020
Increasing adoption of mesotherapy for skin rejuvenation procedures across developed and developing countries, due to increasing product availability, is expected to drive the growth of the mesotherapy market. Also, the availability of different variants of mesotherapy products, including creams, masks, peels, solutions, and dermal fillers provides extensive options to consumers. The minimally-invasive nature of mesotherapy, easier product availability, and cost effectiveness are key factors propelling revenue growth. Rise in medical tourism along with increasing disposable income in countries such as Brazil, India, and China is expected to offer further impetus to market growth during the forecast period of 2019 to 2029.
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Physician Scheduling System Market to Expand 4X by 2030; Increased Need Witnessed in Hospitals Amid Covid-19 Outbreak to Improve Efficiency
Published On : Apr 14, 2020
As per findings of a new market research report by Persistence Market Research, the global physician scheduling system market reached US$ 311 Mn in 2019, and is anticipated to exhibit a healthy CAGR of 14% during the forecast period of 2020 to 2030. Adoption of physician scheduling systems is increasing across the world, as physicians encounter difficulties with increasing administrative tasks and regulations, which affects their ability to offer patient care, and they struggle to sustain their practices. To combat administrative work processes, advanced clinical software such as physician scheduling systems help in scheduling appointments and resource allocation in clinics. These practices improve efficiency regarding patient care, and reduce the costs of administrative tasks for physicians, and hence, are widely demanded.
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Eye Health Supplements Market to Reach US$ 3.8 Bn by 2029; Focus on Preventive Healthcare During Covid-19 Pandemic Catalyzing Market Growth
Published On : Apr 14, 2020
Rising prevalence age-related macular degeneration (AMD), cataract, etc., are expected to a fuel the growth of the eye health supplements market. Also, increasing adoption of eye supplements as preventive medication among the aging population is further expected to propel the eye health supplements market. Besides, the availability of a variety of effective eye health supplements with a refined distribution network across the world is also expected to aid market growth over the forecast period.
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Vanilla Bean Market to Cross US$ 3.5 Bn Valuation by 2030; Reduced Demand from End-use Industries Amid Covid-19 Pandemic
Published On : Apr 11, 2020
Vanilla and vanillin are the most preferred flavors among consumers. Food and beverage products such as vanilla ice cream, vanilla-based beverages, and vanilla flavored chocolate are among the highly consumed food products across the world. The demand for vanilla-flavored food products is also on the rise, attributable to the ability of vanilla to enhance the taste of a wide range of desserts and confectionery items. Moreover, vanilla-flavored alcoholic beverages are also gaining traction. With an increased number of applications of vanilla flavor, the vanilla bean market is anticipated to exhibit healthy growth through 2030.
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Hand Sanitizer Market Surging on Back of Global Covid-19 Pandemic; Demand for Chemical-free Products to Witness Upward Trajectory
Published On : Apr 11, 2020
Rising concerns about the coronavirus pandemic have surges the demand for hand sanitizers among the public, hospitals, and other healthcare facilities across the globe. Increasing positive cases of novel Covid-19 and high number of deaths in North America and Europe are also boosting the demand for hand hygiene products in these regions. As we speak, the U.S. has the highest number of positive cases of patients infected with coronavirus in the world. Thus, the demand for hygiene products in the country is increasing significantly, which is expected to surge the growth of the hand sanitizer market. In addition, companies have also expanded their production capacity of alcohol-based hand sanitizers to help ehnance public health.
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Endoscopes Market to Expand 2X Over Next Decade; Increasing Demand Witnessed for Single-use Endoscopes to Prevent Covid-19 Spread
Published On : Apr 10, 2020
Endoscopes are gaining significant demand for arthroscopy, bronchoscopy, colonoscopy, and cystoscopy procedures. The shift toward minimally-invasive surgeries compared to open surgeries is likely to increase demand for endoscopes. Key stakeholders are introducing capsule endoscopes, robot-assisted endoscopes, and disposable endoscopes to overcome few drawbacks of conventional endoscopes. For instance, in July 2015, Medrobotics Corporation received FDA clearance for its Flex® Robotic System for sale in the United States. Also, international medical device manufactures are concentrating on entering the capsule and robot-assisted endoscopes market. For example, Medtronic now holds a leading market share in the capsule endoscopes market after its acquisition of Given Imaging Ltd.
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Bare Metal Cloud Market to Exhibit 20% CAGR through 2029; Covid-19-related Lockdowns to Further Bolster Demand
Published On : Apr 10, 2020
With increasing usage of network-enabled mobile devices, the demand for hosting infrastructure services has also increased. Moreover, the ever-increasing performance and scalability offered by bare metal cloud servers and services in opposing conditions such as magnified and flexible generation of network traffic is one of the lucrative opportunities that bare metal cloud providers can benefit from. Growth opportunities in the bare metal cloud market are directly related to deployment of solutions that possess the ability to keep up with security-related challenges, while keeping these solutions in line with the standards and regulations legislated globally and regionally. Industry verticals such as banking and financial, retail and wholesale, IT and ITES, and manufacturing, among others, are adopting such bare metal cloud services for data management and deployment.
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Need for Compliance with Emission Norms Favoring Automotive Fuel System Market Growth; Production & Supply Chain Hit by Covid-10 Pandemic
Published On : Apr 09, 2020
According to a PMR study, the COVID-19 pandemic continues to hamper automotive production activities across the globe, as some of the most affected countries are major automotive production hubs, such as China, Germany, the U.S, and Japan, among others. The COVID-19 outbreak is likely to significantly impact consumer demand in the short term, with car sales in China already registering an 86% drop in Feb 2020. Tier 2 and especially tier 3 suppliers of automotive fuel systems are likely to be most affected by pandemic-related disruptions.
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Roasted Corn Market Flourishing on Back of Increasing Use in Snacks & Convenience Food; Covid-19 Pandemic Playing Growth Damper
Published On : Apr 09, 2020
The global roasted corn market has been witnessing steady growth since the past few years, and this growth trend is projected to continue throughout the forecast period of 2020-2030, at a CAGR of 5%.
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Lockdowns Due to Covid-19 Outbreak Impeding RFID Electronic Toll Collection System Market Growth; Set for 6% CAGR through 2030
Published On : Apr 09, 2020
Many toll collection systems have already been developed with RFID technology, which is used to verify the identity of vehicles. RFID technology can provide new capabilities as well as an efficient method to manage, analyze, and collect information of vehicles at toll plazas. RFID electronic toll collection lanes reduce the traffic at toll booths. Increasing number of RFID lane systems, resulting in increased demand for integration, support services, and maintenance, is anticipated to fuel the growth of the RFID electronic toll collection system market during the forecast period.
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Embedded Security Market Set for 2X Growth by 2030; Covid-19 Pandemic to Adversely Affect Production and Supply Chain in the Near-term
Published On : Apr 09, 2020
Continuous developments and implementation of new embedded security modules, such as hardware security modules, secure processing modules, and trusted platform modules are creating significant revenue opportunities for key players in the embedded security market. Embedded security modules are designed to operate the electrical and mechanical systems of security systems in a more efficient manner. Embedded security is mainly used for enhanced protection for runtime data security in embedded systems.
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Sales of Compression Socks Surpassed US$ 550 Mn in 2019; COVID-19 Pandemic to Significantly Alter Raw Material Exports, Projects PMR
Published On : Apr 09, 2020
Increasing investments toward the development of new compression socks and distribution by key stakeholders are major factors expected to boost the growth of the compression socks market. The global compression socks market was valued at US$ 550 Mn in 2019, and is expected to exhibit a CAGR of 5% during the forecast period (2019–2029).
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Cinnamon Market to Cross US$ 1 Bn by 2030; Covid-19 Pandemic to Disrupt Supply Chain in the Near Term, finds PMR
Published On : Apr 09, 2020
Cinnamon is increasingly becoming one of the most demanded spices across the food and beverage industry, owing to its vibrant flavor and several health benefits. Food manufacturers are utilizing cinnamon to make different types of beverages, which are widely being accepted by consumers. Cinnamon spiced tea, apple cinnamon spritzer, cinnamon-spiced coffee, and cinnamon spice punch are some of the cinnamon-flavored beverages that are becoming popular amongst consumers. Furthermore, cinnamon is also widely utilized in several alcoholic beverages to provide a cinnamon flavor to the drinks. Fireball cinnamon whisky, Cannella spirits, and Goldschlager cinnamon schnapps are common examples of cinnamon-flavored alcoholic offerings.
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Import and Export of Moringa Ingredients Challenged by Logistical Hurdles Post COVID-19 Outbreak; Market Valuation to Approach US$ 9 Bn by 2027: PMR
Published On : Apr 08, 2020
The global moringa ingredients market has witnessed substantial growth over the past few years, and is expected to continue increasing throughout the forecast period of 2019-2027. Global consumption of moringa ingredients is poised to exhibit a robust CAGR of 7% over the forecast period, as suggested by a new Persistence Market Research (PMR).
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