How is Growing Chronic Disease Burden Leading Biobanking Market Growth?

It has been estimated that the global disease burden of chronic diseases would increase to 57% by 2020, which was about 46% in 2001, as per the World Health Organization. It is further predicted that chronic diseases would account for three-quarters of all deaths globally by 2020.  Majority of the deaths related to chronic diseases are attributable to cardiovascular diseases, and more cases of diabetes and obesity are being observed. Risk factors such as obesity, high blood cholesterol, and high blood pressure are common causes of four major chronic diseases: cancer, cardiovascular diseases, chronic obstructive pulmonary disease, and type 2 diabetes. Further, unhealthy lifestyle habits, such as tobacco smoking, sedentary lifestyle, alcohol abuse, and poor nutrition, lead to the development of such diseases.  Therefore, with the increasing burden of many life-threatening diseases, research activities for finding a cure for these diseases as well as treatment using unconventional therapies, such as organ transplantation, tissue grafting, regenerative medicine, are witnessing a rise, thereby resulting in the high demand for biobanking methods for the preservation and utilization of cord blood cells and stem cells.

A biobank is a repository which stores, analyses, processes, and transports samples and specimens, such as tissues, biological fluids, cell lines, and human waste products. These samples and specimens are used for clinical diagnosis, research studies, and regenerative medicine.  A P&S Intelligence study showed that the biobanking market generated revenue of $25.8 billion in 2018 and is predicted to witness a 6.2% CAGR in the coming years. 

To Learn More About this Report@ http://bit.ly/2I7Z3SV

Biobanking is used for various applications, such as regenerative medicine, clinical research, and life science & medical research. In the past, the highest demand for biobanking facilities was generated from the clinical research domain due to the requirement for specimens for establishing the safety and efficacy of medication and therapies.

The biobanking ecosystem includes software, consumables, services, and equipment.  In 2014–2018, the highest demand was for the consumables, as they are required for analysis of each sample. Consumables are used for storage, analysis, and processing of the samples and specimens.  Storage consumables are used for storing the samples; commonly utilized consumables are reagents, such as methanol, ethanol, and formaldehyde and storage units, such as vials and test tubes. Maxwell RSC tissue DNA kit, plasma or serum kits are used for analyzing samples. In fact, in the coming time, consumables are expected to continue generating the high demand due to their wide application in research activities.

Read More

Customized Peptide Synthesis Market Size, Trends and Future Scope

The customized peptide synthesis market is projected to generate a revenue of $390.0 million by 2024 as per a recent P&S Intelligence study. The market is being progressively driven by technological innovations, growing burden of cancer and infectious diseases, increasing investments and funding for protein-based research, and rising research activities in synthetic biology.

There are two main types of products available in the customized peptide synthesis market: reagents and equipment. Among the two, the reagents category is expected to witness the faster growth during the forecast period, registering a CAGR of 6.8%. The reason for such a growth of the domain would be the heavy usage of a wide variety of reagents, including additives, substrates, precipitation agents, buffers, and others.

To Learn More About this report@ http://bit.ly/3cycoSu

Now talking about the application segment, commercial application is expected to be the fastest growing in the customized peptide synthesis market during the forecast period, registering a CAGR of 6.9%. The inclusion of modified amino acids and recent advancements in chemical peptide synthesis have expanded the commercial potential of customized peptides. Moving further to the technology segment, the solid-phase peptide synthesis (SPPS) technology is projected to gain the most ground during 2019–2024, advancing at a CAGR of 6.9%.

New research findings would give the customized peptide synthesis market players a great opportunity to discover new drugs derived from peptides. For instance, in 2017, the anorectic effect of PYY3–36, which is a fragment of peptide YY, in rats was reported by scientists at Takeda Pharmaceuticals Company Ltd. Further, China Medical System Holdings Limited developed XinHouSu, an injectable recombinant human brain natriuretic peptide, to treat acute heart failure. XinHouSu, which is currently available only in China, collected $62.3 million in revenue in 2017, which amounted to an 18.9% growth from 2016.

Such significant discoveries based on intensive research are projected to help in the growth of the customized peptide synthesis market in Asia-Pacific (APAC). During the forecast period, the market in APAC is predicted to advance at a CAGR of 7.9%. The growth would be mainly driven by low raw material prices, technological advancements, increasing research activities in life sciences, rising use of peptides in drug discovery, and availability of funds for research and development.

Read More

Business Continuity Management Market Latest Innovations, Drivers, Dynamics And Strategic Analysis, Challenges

The operational risks in organizations, such as model risk, cybersecurity risk, conduct risk, and vendor risk, are on a rise owing to the stiff regulatory compliances and fines and increasing economic uncertainties. In order to deal with these, the enterprises are demanding real-time risk assessment, robust risk mitigation, and greater risk accountability from business and management lines. In addition to this, as the financial services are expanding their businesses, the need for processing accountability and transparency and ensuring proactive risk mitigation is also growing. 

Get the Sample Copy of this Report at https://www.psmarketresearch.com/market-analysis/business-continuity-management-planning-solutions-market/report-sample

Basically, BCM is a proactive planning process which makes sure that the products and services of a business are delivered without any delay in the event of any disruption. This is done through the development of plans, strategies, and actions that provide alternative solutions for keeping the operations or businesses going and ensuring that the enterprise doesn’t face any serious damage or loss. 

A key trend in the BCM market is the growing adoption of business impact analysis (BIA), which is because BIA assists SMEs and large enterprises in identifying critical activities and processes, such as return of investment. Several aspects included under BIA are storage optimization, increased expenses, regulatory fines, contractual penalties, delay of new business plans, modern workload protection, lost/delayed sales and income, network security, and customer dissatisfaction. 

Make Enquiry Before Purchase at https://www.psmarketresearch.com/send-enquiry?enquiry-url=business-continuity-management-planning-solutions-market

As per a research conducted by P&S Intelligence, the global BCM market reached a value of $359.2 million in 2018 and is projected to attain $875.7 million in 2024, advancing at a 15.4% CAGR in the coming years. Apart from risk management, the different solutions provided by BCM are government, risk, and compliance, crisis management and audit management. Furthermore, BCM also offers managed and professional services to the enterprises.    

Take for instance the surging cybersecurity risks, due to which the businesses have become more aware of the significance of being able to respond and recover from such attack. Since business continuity management (BCM) solutions and services can protect enterprises from business disruptions in the event of a cyberattack and help them deal with other operational risks, their demand is rising.

Read More

How is Rising Requirement for Energy-Efficient Products Driving Photonics Market?

The demand for energy-efficient products is rising across the world, as these products work efficiently for long operating hours and have low maintenance costs. The governments of different countries are also launching several renewable energy programs for reducing greenhouse gas emissions from various sectors such as industrial, transport, and construction.

Attributed to these factors, energy efficiency has become an important parameter for designing different products including high-performance computing systems. 

As per a report by P&S Intelligence, in 2019, the global photonics market generated a revenue of $576.8 billion and is projected to reach a value of $1,214.5 billion by 2030, registering a 6.9% CAGR during the forecast period (2020–2030). 

Other than LEDs, lasers, optical components & systems, and sensors & detectors are the product types of photonics. Among all these, the largest demand is predicted to be created for optical components & systems during the forecast period. Furthermore, the companies are increasingly making use of energy-efficient solutions such as organic light emitting diodes (OLED) and light emitting diodes (LED) that consume less power in order to comply with the government regulations.

Solutions such as OLED and LED are also referred to as photonics products. Photonics is the science of photon generation, detection, and manipulation via emission, transmission, sensing, switching, signal processing, modulation, and amplification. 

Request to Get the Sample Report : https://www.psmarketresearch.com/market-analysis/photonics-market/report-sample

There are several applications of photonics, namely information technology (IT), communication, measurement & image processing, production technology, display, photovoltaic, medical technology & life science, and lighting. Some other applications include holography and terahertz imaging.

The highest demand for photonics products was created for production technology applications during 2014–2019 and the situation is expected to remain the same during the forecast period as well.

Read More

Mobile Virtual Private Network (VPN) Market and its Growth Landscape in the Foreseeable Future

Field workers, physicians, and the medical staff are rapidly adopting these solutions to access sensitive medical records and healthcare applications via wireless networks. On the basis of distribution channel, Geographically, in 2017, North America contributed the largest revenue to the mobile VPN market, and it is also anticipated to continue leading it during the forecast period. Within the continent, in 2017, the telecommunications sector registered the dominating revenue share in the North American market, due to the significant adoption of mobile devices here.

Get the Sample Copy of this Report @ https://www.psmarketresearch.com/market-analysis/mobile-virtual-private-network-products-market/report-sample

However, the Asia-Pacific region is predicted to witness the highest CAGR, of more than 30.0%, in the market during the forecast period.t of these, in 2017, the partners and distributors category contributed over 40.0% revenue to the market. The category is also predicted to dominate the market during the forecast period, as they offer better on-premises services compared to other suppliers. This is mainly attributed to the strong encryption algorithms of VPN with long-key strengths that help in securing confidential data at the time of transmission, which is critical for private and public enterprises.

Geographically, in 2017, North America contributed the largest revenue to the mobile VPN market, and it is also anticipated to continue leading it during the forecast period. Within the continent, in 2017, the telecommunications sector registered the dominating revenue share in the North American market, due to the significant adoption of mobile devices here. However, the Asia-Pacific region is predicted to witness the highest CAGR, of more than 30.0%, in the market during the forecast period.

Make Enquiry Before Purchase @ https://www.psmarketresearch.com/send-enquiry?enquiry-url=mobile-virtual-private-network-products-market

Nowadays, organizations prefer using centrally managed remote offices that help them provide a secure access to confidential data to their workforce at a low cost. Further, to reduce operational costs and maintain a local presence, enterprises are providing remote access to business-critical applications so that their employees can work from anywhere. Hence, mobile VPN is a vital solution for such enterprises, where employees have to access the company’s network via wireless devices.

It has been witnessed that the banking, financial services, and insurance sector spend a large portion of its revenue in mobile security services and products. Moreover, banks are aiming on protecting customers’ account details along with safeguarding the payment gateways. This has become especially important since the penetration of mobile devices in the bank-customer interaction environment. Thus, the surging need for the protection of data among companies is anticipated to offer huge growth opportunities to the mobile VPN market.

Hence, the increasing adoption of mobile VPN in various industries is expected to boost the growth potential for the market.

Read More

Broadening Customization in Music Industry is Leading Driver of the Music Composing Software Market

A major driving factor of the music composing software market is the growing media and entertainment industry. As per the U.S. Department of Commerce, International Trade Administration, the global media and entertainment market reached a value of $1.9 trillion in 2016. The market is growing due to factors including digitization, multiple-devices, multiple-platforms, and technological advancements. The demand for music composition software is increasing for composing different forms of music for a wide variety of media and entertainment segments, such as movies/cinemas, advertising, gaming, television, publishing, music, and the internet.  

Get the Sample Copy of this Report @ https://www.psmarketresearch.com/market-analysis/music-composing-software-market

Several opportunities are also being provided to the musicians to participate in music contests and live concerts by different organizations such as the American Society of Composers. A key trend being observed in the music composing software market is the rising availability of online music tutorials, which make extensive use of this software. Moreover, these tutorials are often free, which further leads to their increased popularity among musicians who are beginners. 

Another factor leading to the growth of the music composing software market is the increasing inclination towards music composing software. Musicians, music schools, and individuals in countries such as the U.K., Australia, the U.S., Canada, and Germany have started making use of this software. In addition to this, the demand for music composing software is also growing due to the increasing number of musicians. 

Make Enquiry Before Purchase @ https://www.psmarketresearch.com/send-enquiry?enquiry-url=music-composing-software-market

For example, LinkedIn Corporation provides music composition training and tutorials, through its online learning platform Lynda.com, that make use of different music composition software. The online tutorials help improve the skill sets of users based on the course selection, which include beginner, intermediate, and advanced levels.

Global Music Composing Software Market Segmentation

By Instrument Simulation

• Piano
• Pipe organ
• Guitar
• Full orchestra
• Drums and percussions

By Operating System

• Windows
• MAC
• iOS
• Android
• Linux
• BSD

By Deployment Type

• On-premises
• Cloud   

Read More

US Electric Bus Charging Station Market Will Generate Massive Revenue in Future

The key drivers for the U.S. electric bus charging station market are favorable government schemes and regulations and the rising demand for electric buses. The market generated revenue of $20.9 million, in 2018, which is expected to grow at a CAGR of 37.1% during 2019–2025 (forecast period) to $184.5 million in 2025. Alternatively termed charge points, electric recharging points, and electric vehicle supply equipment (EVSE), such stations are used to charge battery electric buses (BEB) and plug-in hybrid electric buses (PHEV).

Based on product, the U.S. electric bus charging station market is classified into plug-in, inductive, and pantograph charging. Among these, plug-in stations held the largest value share, in 2018, because of their earlier adoption in the country. However, by 2025, pantograph charging is projected to become the highest revenue generating classification, as such stations charge the buses rather quickly, thus reducing the total journey time and helping transport operators maximize their revenue.

The rising requirement for electric buses is automatically pushing the installation rate of the charging infrastructure. In the country, buses are used for public and military transport purposes, and most of the vehicles are purchased by the government at the federal and state levels, with city and county governments also stepping up efforts. For example, the city of Columbus, in Ohio, has decided to procure 200 electric buses and charging stations for public transit. Similarly, Louisville, in Kentucky, plans to increase the number of electric buses in its fleet to 15.

Another major growth driver for the U.S. electric bus charging station market is the fall in the prices and augmentation in the efficiency of batteries. The price of bulk battery orders reduced to around $333/kWh in 2018 from around $1,000/kWh in 2010. Batteries make up for up to 40% of the electric bus cost, therefore the falling battery prices allow automakers to decrease the purchase cost of the vehicles, which is further leading to their high adoption. This is having a direct positive effect on the installation of charging infrastructure across the country.

Make Enquiry Before Buying the Report@ https://www.psmarketresearch.com/send-enquiry?enquiry-url=us-electric-bus-charging-station-market

Therefore, with the federal, state, and municipal governments doing their bit to increase the share of electric buses in their fleet, the demand for EVSE would continue to grow in the U.S.

Market Segmentation by Product

• Plug-In Charging
• Pantograph Charging
• Inductive Charging

Market Segmentation by Connector

• J1772
• CCS
• Others

Market Segmentation by Charger

• Off-Board
• On-Board

Market Segmentation by Charging

• Fast Charging
• Slow Charging

Read More