Pharmaceutical
Textile and agriculture sectors to contribute considerable proceeds to permethrin market by 2025
Permethrin market outlook is anticipated to depict a robust transformation due to rising incidence of scabies and growing awareness among people regarding treatment of the same. Scabies is one of the pervasive dermatological conditions known for effecting substantial proportion of population with skin disease in developing countries.
U.S. Liquid Form Permethrin Market, By Application, 2018 & 2025, (Tons)
Globally, scabies is estimated to affect more than 200 million people at any time, a factor that will help to augment the revenue share of permethrin. Approximately, 300 million new cases of scabies occur each year in men, women and children of all ages and races. In 2015, it was assessed that the direct impact of scabies infestation on the skin alone led to 0.21% of disability-adjusted life-years (DALYs) from all conditions globally.
In India, during a case study follow up, 81% of inmates of an orphanage in rural area of Maharashtra, were found to be suffering from scabies. All the inmates were successfully treated with mass scabies treatment and health education. An epidemiological study conducted in rural community has reported the prevalence rate of scabies as 13%. The occurrence of scabies in India is common due to lack of awareness of the condition but due to the pharmaceutical usage of the product, permethrin market is expected to witness significant growth in the region.
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Permethrin industry may observe commendable gains due to its pharmaceutical applications on account of its utilization as pediculicide, scabicide, and antiparasitic agent. Permethrin can be applied externally as cream, ointment, powder, and lotion which is likely to boost product demand. Powder form segment of permethrin industry may witness strong gains of 3.5% over 2019-2025.
Trend of wearing fabrics treated with insecticides is growing among armed forces including U.S. and British will promote permethrin market share. Actions to prevent arthropod exposure and mite bites are vital to protect the soldiers from diseases such as West Nile encephalitis (mosquito), mite infection, dengue (mosquito), malaria (mosquito), Lyme disease (tick), and others. For instance, dengue fever affects about 40% of population in the world. Malaria is one of the most common mosquito-borne diseases in the world. Personal protection approaches, like wearing insecticide-treated clothes, can be opted to reduce arthropod and mite bites and can be the first line of defense against vector-borne diseases for armies and population.
Several companies are also toiling to expand their share in permethrin market by launching new products. For instance, in 2018, Neogen added Fly-Die Ultra™ to its line of effective Prozap equine fly protection products with a long-lasting, sweat-proof formula. Fly-Die Ultra guards horses from horn flies, stable flies, house flies, deer flies, horse flies, ticks, face flies, gnats, mosquitoes, and lice including those which transmits the West Nile virus. Such products innovated by the industry players will considerably contribute to support permethrin market trends.
China has played a major role in permethrin industry growth as it has the world’s largest textile sector. The rising exports and domestic demand for high quality apparels in China has efficiently added stimulus to permethrin market share. Permethrin is majorly used to eradicate insects such as silverfish, moths, and carpet beetle that causes textile degradation. In 2015, there were 4,632 enterprises reported in textile sector with assets of CNY 440.805 billion. The 2016-2020 development plan of the textile industry in China emphasizes that a large number of new technologies should be widely applied in energy conservation and consumption reduction. China permethrin market size may exceed $15 million by the end of 2025.
Permethrin is also majorly utilized in agriculture sector as an insecticide to protect wheat crops from insects including brown wheat mite, aphids, army worms, termites, and legume pod borer. In the year 2018, France’s wheat production was noted to reach 36.9 million metric tons. Wheat production in France remains the largest within European Union with 27 percent of total production and wheat yields in France are among the highest in the region. Such a huge yield and production is expected to favor permethrin industry growth. France permethrin market size is forecast to surpass $8.5 million by 2025.
According to the prevalent research, pesticide use has seen a massive increase in the UK over the last 40 years. The pesticide active ingredients applied to three British crops, staples wheat, potatoes and onions, have increased between 6 and 18 times. Far from a 50% cut, increase in active ingredients applied to these crops range from 480% to 1,700% over the last 40-odd years.
With growing usage of insecticides, permethrin will be much in demand to protect crops, especially wheat, from insects and increase production. Global Market Insights, Inc. has compiled a research report which forecasts that permethrin market is likely to surpass a valuation of $200 million by 2025.
Author Name : Anchal Solanki
Cosmetics applications to significantly impact glutathione market trends over 2019-2025
Glutathione market outlook is expected to majorly transform over 2019-2025 due to rising demands for skincare products as well as growing health concerns due to the prevalence of lung and heart problems caused by unhealthy lifestyle and deteriorating air quality.
U.S. Reduced Glutathione Market Size, By Application, 2018 & 2025, (Kilo tons)
Glutathione is extensively used for producing supplements and rising trend of supplement intake across the globe will proliferate glutathione market share. Due to detoxifying and oxidative stress reducing properties these supplements have been found to be effective in treating health and skin issues and enable the human body to withstand foreign bodies.
Glutathione is a powerful antioxidant found in every cell in the body and is made up of amino acids. Amino acids combine in different patterns to constitute proteins in the body. Glutathione is unique because it is produced in the liver unlike other antioxidants. It helps to synthesize chemicals and proteins in the human body, which further boosts immunity and cure diseases.
Glutathione has various functions, including DNA production, sperm cell formation, breaking down free radicals, regenerating vitamin E and C, assisting apoptosis (normal cell death), transporting mercury out of the brain, supporting immune function etc. Deficiency of glutathione or decreased glutathione levels in the human body can lead to serious health issues. Oral glutathione supplements and injections can help maintain glutathione levels. Due to the essential nature of the product, glutathione market trends are slated to majorly proliferate over the forecast period.
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In a study conducted by the Baylor School of Medicine to measure impact of glutathione on insulin resistance in aging and mitochondrial fat burning, it was determined that correcting a glutinous deficiency can improve impaired mitochondrial fat burning and insulin resistance in aging patients.
With respect to cancer, glutathione metabolism plays both protective and pathogenic roles. It is important in the removal and detoxification of carcinogens. Any alterations in this pathway can have a significant effect on cell survival. Nevertheless, by aiding resistance to a few chemotherapeutic drugs, increased levels of glutathione in tumor cells are able to protect such cells in breast, larynx, colon, bone marrow and lung cancers.
Due to wide ranging pharmaceutical application, the U.S. glutathione market value is estimated to exceed $20 million by the end of the forecast timeline. Increasing R&D activities in the country to utilize the product more efficiently in drug formulation is expected to propel the regional glutathione industry growth.
The rise in demand of glutathione in cosmetics is anticipated to boost glutathione market growth. Glutathione is an effective antioxidant and plays an important role in DNA synthesis and repair, amino acid transport, enzyme activation and protein synthesis. Moreover, glutathione products are now massively used for skin whitening purposes, that are largely marketed via social media. Internet penetration and demand for skin whitening as well as anti-aging products are expected to augment glutathione market size.
The discovery of glutathione’s anti-melanogenic properties has led to its promotion as a skin-lightening agent. It is widely used for this indication among some ethnic populations. Skin fairness products include skin-lightening and whitening creams, face washes and lotions. This sector is one of the fastest growing segments of the global beauty industry, particularly in Asia and Africa, and is estimated to surpass more than $30 billion by 2024.
India has one of the fastest growing glutathione markets as the country witnesses an annual spending of $450 million on skin fairness products. Glutathione market in India is estimated to record considerable gains amounting to over 5.5% over 2019-2025 from cosmetics application. The product, due to wrinkle reducing and skin lightening characteristics, is used for manufacturing soaps and creams in personal care industry. Mounting demand for creams owing to increasing expenditure on personal appearance will fortify glutathione industry growth.
However, there is a dichotomy between evidence to support its efficacy and safety. The hype around its de-pigmentary properties may be a marketing trick of pharma-cosmeceutical companies.
Glutathione is available in topical, parenteral and oral forms. Even though the use of intravenous glutathione injections is prevalent, its efficacy has not yet been proven. Moreover, the side-effects triggered by intravenous glutathione have led the FDA of Philippines to issue a public warning, reproving the use for unapproved medications such as skin lightening. These factors may hamper product demand. However, the extensive utilization of glutathione products in healthcare sector for curing numerous diseases is anticipated to expand glutathione market size in the years to come.
Author Name : Aakriti Kakkar
Pharmaceutical applications to strengthen dill seed oil market share
Ever increasing product demand from flavor, fragrance, cosmetics, and pharmaceutical industries is expected to propel dill seed oil market trends. The cosmetic industry has been witnessing a significant change in consumers focus towards organic products, pertaining to the skin reactions and adverse health effect of synthetic cosmetics. The growing demand for organic cosmetics will foster dill seed oil market share during the forecast period.
U.S. Dill Seed Oil Market Size, By Type, 2018 & 2025, (Kilo Tons)
Dill plant is mainly grown for its seeds and weed. The oil extracted from the seed boasts of a strong aroma adding it to the list of essential oils. Aromatherapists have been giving preference for dill seed oil pertaining to the effective properties such as stimulation, revitalization, restoration, purification, balancing, antispasmodic, and cleansing. The rising trends of holistic healing treatments and increasing consumer approaches toward aromatherapy will drive high demands for dill seed oil, aiding dill seed oil industry expansion.
Currently, in many skin care products, dill seed oil has found profound application due to its capability to heal skin effectively. As per clinical evaluation, it is noted that dill seed oil extracts significantly improve skin elasticity adding firmness to the skin. Growing usage of dill seed oil in anti-ageing products owing to its ability to diminish wrinkles, serves to majorly augment dill seed oil market outlook. Furthermore, growing application of dill seed oil as a fragrance component in various types of cosmetic and personal care products such as topical creams and lotions will also alleviate product demand from the cosmetic industry.
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The medicinal property of this ancient herb is well accepted in natural treatments like Ayurveda, owing to which dill seed oil is used as an antispasmodic, digestive, carminative, and disinfectant. Additionally, dill seed oil has sedating and calming effects on the nerves and the brain, making it suitable for getting rid of anxiety, tension, anger, depression and even hypertension. Growing use of dill seed oil to diagnose diseases including cardiac problems, bronchitis, ulcers, menstrual disorders, and syphilis, is poised to accelerate product demand over the estimated timeframe.
Other than medicines and cosmetics, dill seed oil also finds high usage in the food industry. The wide use of dill seed oil for flavoring and preserving foodstuff will support dill seed oil industry landscape over the forecast period. Since centuries, it has been used as a flavoring agent for many beverages and dishes like meats, sauces, stews, breads, vinegars, pastries, and vegetables. Moreover, it is also used to preserve cucumbers and pickles in most of the European countries, especially in Germany.
Dill seed oil is majorly used during cheese processing, owing to its anti-bacterial and anti-microbial properties. As cheese is highly vulnerable to temperature changes during transportation, the lactic bacteria can turn it rancid in a very quick time of exposure. Addition of dill seed oil during cheese processing not only helps to increase the shelf life of the cheese but also adds an aroma to it. Rising manufacturing of cheese and cheese-based products is expected to foster dill seed oil market forecast.
Dill seed oil also finds application in elongating storage time of potatoes and retaining the quality for a longer time, given that it possesses sprout inhibiting properties. Reportedly, the use of synthetic sprout inhibitors like Chlorpropham can lead to adverse health effects. So, rising awareness to replace the synthetic counterparts with dill seed oil can strongly fuel product demand. China is the largest cultivator and consumer of potatoes due to the ever-increasing local demands from the rising population and fast food restaurants. Driven by high application scope, China dill seed oil market size may exceed USD 185 million by the end of 2025.
The numerous benefits offered by dill seed oil will accelerate its high adoption across industries including cosmetics, pharmaceutical, and food. In a research report, Global Market Insights; Inc. depicts that dill seed oil market size will reach USD 1.95 billion by 2025. Some prominent players of dill seed oil industry include OLVEA, Zineglob, Arganisme, Oriental group, Nadifi Argan, Lalla Izza, Kiod Argan Suisse, Sidi Yassine, Madanargan, Malak Bio, Vima Souss, and BioAdorates Products.
Author Name : Amol Kothekar
APAC bleached linter cellulose market to record substantial gains over 2019-2025
Increased product demand from pharmaceutical and textile industries will drive bleached linter cellulose market growth in the forecast years. Bleach linter cellulose is a high viscosity substance made primarily from cotton linters. Compared to wood cellulose, cotton linters offer significant advantages like higher purity, higher brightness, and a lower content of hemi-celluloses. These characteristics make purified linters cellulose an ideal raw material for manufacturing high-quality products like tissue, gazes, high-quality paper for bank notes, nitrocellulose and cellulose ethers.
U.S. Bleach Linter Cellulose Market size, By Application, 2014-2025 (USD Million)
Increasing investments and rapid technological advancements are likely to expand bleached linter cellulose market size over the forecast period. For instance, in 2019, the GRETE project that aims to improve the existing wood-to-textile value chains by developing breakthroughs and increase production of man-made cellulose fibers in Europe was granted EUR 2.6 million by the Bio-based Industries Joint Undertaking (BBI JU). Swiftly growing food industry across developing nations is also anticipated to foster industry trends.
Based on application, it would be apt to state that cellulose ether will accrue a significant proportion od bleached linter cellulose market share over the coming years. Cellulose ethers are often used as viscosifiers, suspending agents, thickeners, binders, protective colloids, film formers, and stabilizers in industries like food, drilling, textile, building, ceramics, detergent, and cosmetics.
Increasing use of cellulose ethers like carboxymethylcellulose (CMC) and methylcellulose (MC) will drive industry outlook. For example, in the construction industry, CMC is used in cement and other building material compositions owing to its hydrophilic and stabilizing properties.
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Supportive government strategies and investments in the construction sector will positively supplement cellulose ether segment in the coming years. For instance, according to European Construction Sector Observatory (ECSO) 2018, the UK government plans to deliver 400,000 affordable housing units by 2020-2021, financed through a new EUR 2.7 billion Housing Infrastructure Fund.
Growing demand for personal care and pharmaceutical products is likely to drive bleached linter cellulose market growth by 2025. In personal care industry, bleached linter cellulose is used to thicken and stabilize cosmetics and improve their moisturizing effects. Cellulose ether, pertaining to its characteristics like high glass transition temperatures, limited crystallinity, high chemical & photochemical stability, solubility, hydrogen bonding capability, and low toxicity is used widely in the pharmaceutical sector. Colored cellulose ether products can also be decolorized or bleached to attain an increased whiteness.
Growing use of cellulose ether in various medicinal drug formulations will accelerate product demand. For instance, methyl cellulose (MC) can be used for thickening, suspending, and achieving emulsion stability of liquid pharmaceuticals, and for film coating materials of low viscosity aqueous solution.
Ethyl cellulose (EC) can be used as the binder of tablets, as film coating material, or as the matrix material for developing various types of matrix sustained-release tablets. With growing application of cellulose ether and ethyl cellulose, bleached linter cellulose market will witness commendable proceeds from the personal care and pharmaceutical sector over the coming years.
Asia-Pacific bleached linter cellulose market is anticipated to record gains of over 3.5% in the forecast period. Availability of low cost raw materials in countries like India and China will supplement industry growth. In addition, surging demand from end-user industries like textile, food, pharmaceutical and personal care due to improving socio-economic trends will expand market size.
According to IBEF, India’s pharmaceutical industry is expected to reach US $55 billion by 2020. Whereas the country’s textiles industry is estimated to reach US$ 250 billion in 2019. With rapid proliferation in such key sectors, the Asia-Pacific bleached linter cellulose market is estimated to witness new growth opportunities over the forecast period.
Bleach linter cellulose is high viscosity cellulose made from cotton linters. Being non-toxic, odorless in nature and easy-absorbent, bleach linter cellulose can effectively be used in industries like food, ceramics, detergent, and cosmetics. Rising product penetration in the textile, personal care and pharmaceutical industries will majorly drive global bleached linter cellulose market growth. Global Market Insights, Inc., estimates bleached linter cellulose market size to reach US $1.3 billion by 2025.
Author Name : Mateen Dalal
Rising popularity of fitness trackers to drive wearable medical devices market trends over 2019-2025
The increasing convergence between wearables and medical products has proved beneficial in transforming wearable medical devices market outlook. Having emerged as one of the most profitable niche verticals in the worldwide healthcare and medical devices sector, this industry is not yet a mainstay in the field, but most medical device manufacturers are nevertheless adding wearable components to their product lines. These fitness trackers help users to stay in shape, all while being easy to use, comfortable, and not cumbersome.
U.S. Wearable Medical Devices Market, By Device, 2018 & 2025 (USD Million)
The foremost factors that have led to the increasing popularity of wearable medical devices are active promotion and growing expenditure on advertisement of these devices, essentially enlarging the geographical reach of wearable medical devices market. Amongst all the existing wearable medical devices, activity/fitness monitors have witnessed meteoric rise in their popularity owing to the technological advances in battery, sensor, and material design.
As these devices are utilized for monitoring fitness-related metrics such as walking distance, calorie consumption, and heartbeats, the widespread global usage of smartphones has only added to the popularity of these devices. Smartphones act as the central data storage and analysis hub for the data transmitted by these wearable trackers.
In the recent times, numerous wearable manufacturers are focusing on revamping of their smartphone apps so as to improve the consumer experience. For instance, Fitbit has recently rolled out a new, redesigned app to some of its users. It streamlines the data by using three tabs at the bottom instead of five and is dependent on a change made on the server side.
Reportedly, activity/fitness monitors apportioned more than 25 percent of the total wearable medical devices industry share in 2018, which is quite discernable as the ongoing engineering efforts to miniaturize electronics have resulted in advanced technology being crammed into lightweight and compact cases. Moreover, changing dietary habits and lifestyle has given rise to physical conditions such as obesity and other chronic ailments which has benefited the manufacturers of activity/fitness monitors. Increased competition between these manufacturers has led to wearables becoming cheaper constantly and has increased the overall availability of these devices to regular consumers worldwide, impelling the industry trends.
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In terms of geographical expansion, the U.S. wearable medical devices market has witnessed considerable growth and is anticipated to reach more than USD 23 billion of revenue by the year 2025. The most significant factors that have proved beneficial for the market are the launch of technologically advanced healthcare monitoring products along with rising awareness regarding fitness. High disposable income and growing prevalence of lifestyle diseases would further proliferate the U.S. wearable medical devices industry size over the forecast duration.
The largest obstacle that is hindering the rapid product penetration is the concern regarding data privacy. Most users appear uncomfortable with an AI-based sensor or other miniaturized electronic device keeping a record of their every movement. Even though there has been a considerable increase in the number of people allowing these devices to become a part of their daily life, there is still a long way to go for wearable medical devices to become mainstream.
It is imperative to take note of the fact that the healthcare sector used to function in a siloed structure for the safeguarding of intimate patient data. However, now that they have emerged out of those silos, the protection of user data has taken even more priority, essentially marring the growth prospects of wearable medical devices market.
The major industry players are involved in adoption of several strategies including merger and acquisition, strategic collaboration, and partnerships to strengthen their business position. A few of the players operating in wearable medical devices market are Fitbit, Sotera Wireless, Omron Corporation, Koninklijke Phillips N.V. Apparently, these firms are focusing on untapped emerging nations to gain competitive edge and acquire significant market share globally. Reports forecast that the remuneration portfolio of worldwide wearable devices market is set to surpass USD 87 billion by the year 2025.
Author Name : Saif Ali Bepari
Dental laser market to be driven by high occurrence of oral diseases
Driven by the global prevalence of oral disorders coupled with the increasing demand for non-invasive treatments, dental laser market size is poised to attain massive impetus over the coming years. Oral ailments can lead to severe health conditions such as cardiovascular disease, pneumonia, diabetes, and endocarditis. Hence, rising concerns surrounding oral hygiene among the masses will favor dental laser market share over the forecast period.
U.S. Dental Laser Market, By Product, 2018 & 2025 (USD Million)
The socio-economic burden of periodontitis is likely to rise in the coming years. As a result countries are expected to implement some actions to reduce prevalence rate, which could transform dental laser market outlook in the future. The recent Global Burden of Disease Study indicates that severe periodontitis is the sixth-most prevalent disease globally.
Effective dental care, although important, is very expensive across several nations, depriving a huge part of the population from seeking proper dental measures. However, availability of government aid and insurance schemes which provide fast, convenient, and cost-effective treatment could encourage more individuals to avail dental laser treatments over the coming years. Implementation of value-based dental programs could encourage more patients to seek effective treatment for oral ailments, thereby boosting dental laser market share.
Increasing adoption of minimally invasive or non-invasive dental treatments will boost dental laser industry size in the forecast years. The field of laser dentistry offers the ability to cure severe oral diseases without surgeries. According to Lifetime Holistic Dental, lasers located inside the root canal system kill 10,000 times more bacteria compared to conventional root canal therapies. Moreover, lasers are known to stimulate healing of diseased or inflamed necrotic soft tissue within the infected gum pocket, which is also considered more comfortable compared to gum surgeries. These benefits will surge the preference for non-invasive dental procedures, which will augment global dental laser industry share.
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Adoption of advanced technologies like LiteTouch by Light Instruments would provide a huge push for the global dental laser market. For the uninitiated, LiteTouch is a user-friendly microsurgical dental laser system that is changing the face of dentistry worldwide. Several cities across the world are presently hosting basic courses to demonstrate the concepts of laser light along with an introduction to the numerous applications of LiteTouch. Increasing efforts to boost adoption of such technologies across major hospitals and clinics will further enhance the demand for dental laser treatments in the coming years.
The soft tissue dental laser segment held significant revenue share over the last few years and is expected to continue its growth trend in the succeeding years. This contribution can be attributed to the advantages of soft tissue dental lasers such as effective cutting and improved placement of contemporary restorative materials. Moreover, technological advancements will also aid in segmental growth. For instance, Biolase offers a wide range of Diode lasers including Epic Pro, Epic X, Epic 10, etc. which aid in better soft tissue control and bleeding. Increasing adoption of advanced-grade diode lasers will significantly impact soft tissue dental laser market trends.
Considering geographical development, the North America market is likely to emerge as a profitable regional ground, owing to the increasing pervasiveness of periodontal disease in the region. The Centers for Disease Control and Prevention’s data suggests that half of Americans aged 30 or more suffer from periodontitis. Furthermore, increasing demand for cosmetic dentistry will foster the demand for dental laser treatments in the region, thereby propelling the North America market.
Dental laser treatments are in high demand as they can effectively reduce the need for anesthesia and help relieve anxiety in patients uncomfortable with the use of dental drills. In addition, new innovations paired with government reforms would further proliferate the use of laser technology in dental procedures.
According to Global Market Insights, Inc., dental laser market is anticipated to be worth more than $640 million by the end of 2025.
Author Name : Krithika Krishnan
Medical drones market to record exponential growth from drug transfer applications
Technological advancements and growing applications of drones in healthcare sector will provide stimulus to medical drones market. Healthcare organizations are developing drones with diagnostic imaging capabilities that will be capable of assessing health conditions of patients located in remote areas with the deployment of telemedicine technology.
Drones cater to urgent needs of patients with the delivery of required medicines, vaccines, antivenin and blood products in remote places. Convenience offered by technologically advanced drones will lead to their widespread adoption in medical sector and augment medical drones market growth over the forecast period.
U.S. Medical Drones Market Size, By Application, 2018 & 2025 (USD Million)
Drones have been used in the surveillance of disaster sites, areas affected by biological or chemical hazards, as well as tracking disease spread. They can also be used to gather information about the number of patients in need of care in high-risk situations.
Drones have also been used to detect the presence of health hazards, such as heavy metals, aerosols and radiation. As per a study, drones equipped with high-resolution photogrammetry software were used to accurately access and predict cancer risk from high level copper concentrations in agricultural areas.
Many notable industry players operational in medical drones market are implementing several strategies such as new product launches, partnerships and distributional channel expansion in new locations that will help them to capture higher revenue share in medical drones market.
For instance, Zipline, an American medical product delivery company operates small drone aircrafts for delivery of medical products, with a focus on providing services in Africa. The company has become an much on-demand medical drone network service provider. Patients in many Swiss hospitals can now receive results on the day a sample is taken, through Zipline’s effort. Zipline is expanding into Ghana along with expanding its presence this year into North Carolina, to help many out-of-the-way rural medical facilities. The company has plans to serve 700 million people in the next 3 to 4 years.
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Research and development in the medical drone industry is also expected to augment market growth scope. For instance, as many emergency vehicles are delayed from arriving on the scene on time, researchers are extensively testing drones to deliver medical equipment.
Development of drone ambulance is also gaining traction. A drone ambulance has been tested by Peel Regional Paramedics in Ontario to deliver medical supplies. Under the project, both an ambulance and a drone were dispatched at the same time, and every time the drone arrived at the scene first.
These test pilot drones fly at a speed of 80km/h and avoid all traffic that an ambulance would otherwise face. The drones arrive on the scene minutes before paramedics can and deliver a defibrillator to a bystander in case of a cardiac arrest case. These machines are easy to use and could be used before the paramedics arrive in an ambulance. The few extra minutes saved can make all the difference in saving lives when it comes to emergencies. Renfrew Ontario Paramedics are the first service in Canada to get approval from Transport Canada to use drones in medical emergencies.
Medical drones market size from pharmaceutical/drug transfer applications is estimated to witness 25% CAGR through 2025. This significant growth is attributed to capabilities of drones to deliver medications in remote locations in lesser time. These drones help in delivering drugs during severe circumstances such as medical emergencies or natural disasters.
According to a report by UK-based innovation foundation Nesta, the possible rapid transportation of light medical deliveries between hospitals in London and increased speed and reliability achieved due to drone deliveries could cut costs and improve patient care in the UK.
Extensive research is being conducted on delivering medicines or blood in remote areas of Wales. Moreover, improved regulatory scenario for medical drones will prove beneficial for medical drones industry growth.
Central role of drones during emergency cases will positively augment medical drones market size. With advancement in drone technology, it can be predicted that medical delivery through drones will be improved creating immense scope for the future expansion of medical drones industry. Global Market Insights estimates medical drones market size to surpass $399 million by 2025.
Author Name : Aakriti Kakkar
Increasing airborne diseases to accelerate erdosteine market share
The rise in air pollution owing to the increasing industrialization and urbanization along with growing smoking habits among the people has had a notable impact on erdosteine market share. Erdosteine is basically a mucolytic and has the ability to breakdown mucus which causes chronic obstructive bronchitis.
U.S. Erdosteine Market Size, By Application, 2018 & 2025, (Tons)
Increasing content of fumes, vapors, dust, tobacco smoke in the atmosphere damages lungs and airway tissues after exposure to these substances. Taking into account the severity associated with such chronic diseases, many health organizations, pharmaceutical companies, and medical research institutes have been involved in technological innovation that will enhance erdosteine industry outlook over the coming years.
In the last few years, air pollution level has increased tremendously worldwide and has proved to be severely dangerous to human health. As per the World Health Organization (WHO) in 2018, around 9 out of 10 people breathe air that contains high-level air pollutants. It further claimed that every year nearly 7 million people are estimated to lose their lives annually due to household and ambient air pollution. More than 40% population of the world does not get clean cooking technologies and fuel in their homes – leading to household air pollution. This will further increase erdosteine demand in the years to come.
In the low and middle-income countries across Africa and Asia, over 90% deaths occur due to air-pollution related diseases. Since the last few decades, WHO has been monitoring air pollution levels across sub-Saharan Africa to tabulate the data regarding the use of technologies to curb air pollution. In this regard, growing awareness among the regional governments about the need for sustainable development is likely to strengthen erdosteine market size.
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In line with the air pollution control activities, the ongoing development of mucus regulating medicines across the globe will further generate lucrative business opportunities for the players in erdosteine industry. The consistent development of drug formulas to treat diseases caused by air contamination will drive the erdosteine market share over the coming years.
Surging pollution levels and increasing tobacco smoke are the two major concerns troubling the U.S. federal government. In order to target these concerns, the U.S. government has been striving to implement strict regulatory policies through organizations like FDA. The laws are framed to ensure fairness between health-regulated sectors and safeguard public health. Aided by a supportive regulatory spectrum, pharmaceutical companies have been introducing cost-effective and efficient medicines in the market. Proliferating availability of flexible and affordable medicines is slated to impel U.S. erdosteine industry trends.
Recently, WHO found that the tobacco epidemic is one of the largest public health threats causing the death of over 8 million people every year. Out of those, nearly 7 million deaths are the result of direct consumption of tobacco and 1.2 million deaths are the result of passive or non-direct smoking. Across the globe, only 37 countries, that account for 15% of the world’s population have completely banned all forms of promotion, advertising, and sponsorship for tobacco. High tobacco taxes and growing demand for cigarettes and tobacco products have thus been augmenting erdosteine market size.
Over the last few years, due to an outburst of airway and systemic inflammation cases, several research organizations have been working to evaluate the usage of erdosteine in exacerbations of COPD. They have been also focusing on the development of highly effective medicines causing low-side effects to the patients. Thus, growing demand for medicines with high clinical benefits and lesser aftereffect will further enhance erdosteine industry outlook.
Taking into account the growing involvement of biggies in new product development along with increasing awareness among the people about active medication, Global Market Insights, Inc., estimates that by the end of 2025, worldwide erdosteine market will generate a revenue of more than USD 150 million.
The increasing importance of erdosteine for preventing recurrence of exacerbation of COPD patients will accelerate the product demand over the years ahead. Alarming level of air pollution and its hazardous impact on the living organisms across the globe will create new opportunities for the pharmaceutical companies including Alitair Pharmaceuticals, Taj Pharmaceuticals, Hanmi Pharmaceuticals, and Delta Finochem.
Author Name : Sunil Hebbalkar
3 vital trends impacting industrial communication market size
The global industrial communication market has thrived successfully in the recent decade as growing adoption of these components in Industry 4.0 has effectively helped increased productivity in major industries. Labor reduction, waste reduction, repeatability, enhanced quality control, and integration with existing business systems have given companies an added advantage by lowering long-term costs, which could indirectly increase product output and revenue.
U.S. Industrial Communication Market Revenue, By Component, 2018 & 2025, (USD Million)
An industrial communication network is the backbone for any automation system architecture as it can offer powerful means of data exchange, controllability and flexibility to connect to various devices. The use of digital communication networks in industries can also lead to improved end-to-end digital signal accuracy and integrity.
Communication networks like LAN (Local Area Network) or WAN (Wide Area Network) can communicate large amounts of data via limited number of channels. Whereas industrial networking enable implementing various communication protocols between field devices, digital controllers and several automation related software tools and external systems. Therefore modern industries have demonstrated increased adoption of industrial communication networks over traditional LAN and WAN. This has led to industrial communication market size depicting a substantial increase lately.
For instance, according to renowned automation conglomerate ABB, and one of the notable players in industrial communication market, the firm’s revenue increased by 5% to $7,395 million in 2018. This has been credited to the strong growth in robotics & motion, robust performance achieved from electrification products and a steady result owing to industrial automation.
Some of the trends that industrial communication market is being defined by are mentioned below:
- Long-term application of industrial communication in the industrial automation sector
Growing demand for increased data processing speed will foster industrial communication market size in the automation sector. As industrial operations are becoming more complex and variable, the market has registered immense growth over recent years. Indeed, a greater number of network-based programmable controllers and mechanisms are required within modern industries to attain faster decisions and increased productivity and efficiency.
With network-based automation, companies can also attain increased saving in work force, energy, raw material, better control on product quality and enhanced plant availability and operational safety. In fact, the technology can help in raising the levels of process control & continuity with improved efficiency, eventually bringing potential production figures to the nominal plant capacity by cutting downtime, corrective maintenance and the lack of raw material supply to minimum.
With efficient real-time communication system like PROFIBUS-DP or PA, Fieldbus and more, distributed peripherals such as Input/output (I/O) modules, transducers, drives, valves and operational panels can also communicate with automation systems more accurately.
Thus, with the advent of the automated systems that are based on advanced industrial communication and technology, the automation sector will attain enhanced benefits in terms of maintenance, and increase plant productivity, further augmenting industrial communication market size.
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- S. to emerge as a pivotal revenue pocket for industrial communication market in the forthcoming years
Being a major producer of automation equipment, U.S. is anticipated to drive massive growth in industrial communication market. Citing International Trade Association (ITA) reports, the country is the leading producer of hardware components that are used in automated systems as well as a major supplier to manufacturing or production industries across the globe.
In fact, in 2015, U.S. exported nearly $10.5 billion worth of automation equipment to foreign markets, claims ITA. Sources suggest that supportive government policies and the presence of global automation players like General Electric, Honeywell, Rockwell, Emerson Electric and more will pave the way for industrialization in the region. Additionally, the increasing adoption of Industry 4.0 will boost the demand for the industrial communication technologies in the coming years, successfully proliferating U.S. industrial communication industry size.
- Wireless communication technologies to enhance industrial operations
Advancements in wireless communication along with growing adoption of advanced tech-based devices will drive the industrial communication industry. The key advantage of wireless systems is that they can be installed in remote locations in an efficient and cost-effective manner. As battery-powered transmitters don’t require wired infrastructure or power supply, they can be installed across areas that are far away from power wiring and wired fieldbus.
They can also be installed in sites where setting up power and cabling systems would be dangerous or too expensive. This flexibility allows use of wireless in both Greenfield projects and ongoing Brownfield projects.
Owing to the low-power nature of Wireless HART devices, users can also operate such equipment for several years without replacing the battery. Moreover, engineering, procurement, and construction contractors and plant owners can increasingly shift to wireless communication technology as it is beneficial in terms of reducing physical fixed infrastructure, managing schedule risk and cost escalation, and reducing space requirements and weight.
According to reports, adopting wireless solutions have reduced commissioning time by 50% for some contractors. The technology further helped in streamlining the design and engineering process, maintaining project schedule and improving user’s ability to manage change on their project. The prominence of this technology is rather overt from the estimate that wireless charging market size is slated to cross $14 billion by 2024.
Moreover, with industry-leading process plants installing wireless infrastructure, industrial communication market size from the wireless communication protocol is estimated to grow at a CAGR of over 22% over 2019-2025.
In a nutshell, it would not be incorrect to quote that industrial communication industry is likely to come up as a highly profitable vertical of the overall electronics cosmos. As per estimates, global industrial communication market size is anticipated to exceed USD 160 billion by 2025.
Author Name :Mateen Dalal
Global Market Insights Inc. 