What are Reasons behind Growth of Surgical Sutures Market?

The market is growing due to the rising prevalence of chronic diseases, increasing healthcare expenditure, surging geriatric population, rising number of surgeries and burn cases, and increasing number of hospitals. Medical devices which are utilized during a surgery or after an individual suffers injury for holding the body tissues together and closing the wounds are referred to as surgical sutures.

When product is taken in consideration, the surgical sutures market is divided into automated suturing devices and sutures. Between the two, the sutures division dominated the market during the historical period (2013–2016) and is predicted to account for the major share of the market during the forecast period as well. The division is further bifurcated into non-absorbable and absorbable sutures. The automated suturing devices is expected to grow at the fastest pace during the forecast period, as these devices save time and need less work.

The rising prevalence of chronic diseases is a key driving factor of the surgical sutures market. As per the World Health organization, chronic diseases are the leading cause of mortality around the world, accounting for 60% of all deaths. Chronic diseases including cardiovascular diseases, cancer, viral diseases, such as hepatitis and HIV, and chronic obstructive pulmonary disease have persistent and long-lasting effect on a person’s health. Moreover, the treatment of these diseases often requires complex surgeries, which, in turn, involve the utilization of sutures. This is leading to the rising demand for surgical sutures.

Another factor positively impacting the surgical sutures market is the surging aging population. According to the United Nations Department of Economic and Social Affairs report, the number of people aged 60 years or above is predicted to grow by 56%, globally. The elder population goes through various kinds of surgeries such as abdominal & thoracic surgery, heart surgery, hip & knee replacement, non-cardiac surgery, and cataract surgery, which require different kinds of surgical sutures.

Hence, the growing prevalence of chronic diseases, surging geriatric population, and increasing number of hospitals are driving the growth of the market.

Read More

What are the Key Factors Driving the Growth Global Wearable Injectors Market?

The global wearable injectors market is predicted to register significant growth in the coming years. This is attributed to the increasing demand for advanced drug delivery, rising geriatric population, and surging prevalence of chronic diseases. A device which is utilized for delivering large volume of drugs over an extended period of time is referred to as a wearable injector. The device delivers large subcutaneous doses of drugs to patients even when the patient is ambulatory and is able to carry out normal daily life activities during the drug delivery.

In terms of end user, the wearable injectors market is categorized into lab & diagnostics, home care, hospital, and others (which include small clinics and healthcare settings). Out of these, the home care category dominated the market in the past and is expected to account for the major share of the market in the near future as well due to the growing demand for self-injection system. On the basis of technology, the market is classified into mechanical injector, electronic injector, and others (which include hydrogel and hydraulic injector).

Another key driving factor of the wearable injectors market is the increasing requirement for innovative drug delivery. Infusion therapy costs around $35 billion in the specialty drug market, according to Unilife Corporation. The utilization of advanced drug delivery devices, including wearable injectors at home, decreases the overall healthcare cost, as the patients can take the drugs themselves with minimal or no training. Furthermore, these drug delivery devices are being preferred by different healthcare setups, including labs & diagnostics and clinics, as they are cheaper than other controlled drug delivery devices. 

Hence, the market is being driven by the increasing geriatric population and rising need for advanced drug delivery

Read More

Why Do Pharmaceutical Companies Use Meta-Xylene?

Xylene refers to a volatile and colorless liquid hydrocarbon derived from coal, petroleum, and wood. Meta-xylene (m-xylene), an isomer of para-xylene and ortho-xylene, is an aromatic hydrocarbon with two methyl substituents attached at the meta positions of the benzene ring. The hydrocarbon is primarily used for producing isophthalic acid, an organic compound used in the production of reinforced plastics, unsaturated polyester resins, inks, and alkyd resins. Thus, the burgeoning need for such products in the packaging and construction industries will augment the need for m-xylene in the coming years.

Additionally, the soaring demand for paints and coatings, owing to their extensive use in the infrastructure and construction sectors, will help the m-xylene market demonstrate a CAGR of 4.4% during forecast period. According to P&S Intelligence, the market revenue will reach $1,341.7 million by 2023. Large quantities of m-xylene, also known as m-dimethylbenzene, m-xylol, 1,3-xylene, and 1,3-Dimethylbenzene, are heavily used in the production of paints and coatings, which are extensively required in the development of retail centers, hotels, offices, residential apartments, and civic infrastructure in India, the U.S., China, and Eastern Europe, due to the mounting focus on infrastructure development in these countries.

The APAC m-xylene market will witness the fastest growth in the forthcoming years, due to the expanding packaging, automotive, and aerospace industries in the region. Moreover, the surging consumption of coating resins and formulations in South Korea and China, owing to the flourishing construction industry in these countries, will also escalate the adoption of m-xylene in the coming years. Besides, the increasing production of polyethylene terephthalate (PET) plastic, due to the rising preference for alcoholic beverages and carbonated drinks, will also create a huge requirement for m-xylene in the region in the foreseeable future.

Thus, the booming demand for paints and coatings and expanding petrochemical industry in APAC will boost the production of m-xylene in the coming years.

Read More: https://www.psmarketresearch.com/market-analysis/meta-xylene-market

Read More

Demand for Mobile Handset Protection Services Exploding in North America

If there’s one device which is synonymous with the information age, it is a mobile phone. A valuable possession in today’s fast paced communication driven environment, the mobile phone has undoubtedly brought people and cultures together, bridged the gap between continents, and streamlined business communication and operations. According to the observations of the International Telecommunication Union (ITU), the mobile subscription rate across the world per 100 individuals was 109 in 2019. 

Mobile Handset Protection Market Outlook

As this device plays a major role in ensuring that people stay connected with their loved ones, businesses run smoothly and efficiently, and customer queries are handled quickly and effectively, it needs to be protected against various accidental and liquid damages. This is why the demand for mobile handset protection is surging sharply across the world. Additionally, people are quickly realizing the need, value, and importance of handset protection, which is further boosting the demand for mobile handset protection, thereby causing the growth of the global mobile handset protection market. 

Additionally, as smartphones are majorly used for surfing the internet and conducting important transactions, there is a major threat of these devices getting exposed to harmful third-party applications and content, that might cause considerable damage. This is another factor driving the expansion of the mobile handset protection market. Geographically, the demand for mobile handset protection services will soar in North America in the forthcoming years, as per the estimates of the market research company, P&S Intelligence. As consumers in the U.S. depend heavily on their mobile network operators to solve their issues, the mobile handset protection services are being extensively adopted in the region.

Hence, it can be said without any hesitation that owing to the rising penetration of smartphones, increasing incidence of mobile phones breaking down, and growing public awareness about the importance of handset protection, the demand for mobile handset protection services will surge all over the world in the coming years.

Explore Full Report Description At: https://www.psmarketresearch.com/market-analysis/mobile-handset-protection-market

Read More

Cover Corona Outbreak Impact: Respiratory Diagnostic and Monitoring Device Market is expected to Boom in Coming Years

The growth of the market is attributed to the increasing geriatric population, prevalence of respiratory disease and smoking, pollution level, healthcare expenditure, and rapid urbanization. Respiratory diagnostic and monitoring devices provide monitoring and diagnostic evaluation of cardiopulmonary system disorders and diseases. These devices are used extensively in intensive care units, general and surgical wards, and homes.

On the basis of type, the respiratory diagnostic and monitoring device market is divided into gas analyzer, capnograph, spirometer, pulse oximeter, and others. In 2015, pulse oximeters held the largest share of the market, and the division is expected to grow at the highest CAGR during the forecast period as well. Pulse oximeter, a non-invasive instrument, is used to measure the proportion of oxygenated hemoglobin in the blood, and it also enables the measurement of the pulse rate.

The increasing pollution level and rapid urbanization are leading to the growth of the respiratory diagnostic and monitoring device market. The lifestyle associated with urbanization is threatening the health of individuals. Furthermore, air pollution is having a considerable effect on the respiratory health and also leading to climate change. The fine particles emitted by motor vehicles, industries, and houses are responsible for a range of cardiovascular conditions, respiratory diseases, and cancers. In addition to this, the urban lifestyle results in an increase in the prevalence of chronic diseases and consumption of unhealthy food.

Hence, emerging economies are a potential area for the growth of the worldwide healthcare industry. Moreover, the rising prevalence of respiratory diseases, rapid urbanization, and increasing pollution level are driving the growth of the market for respiratory diagnostic and monitoring devices.

Read More

Surging Demand for HMI Solutions Driving Sales of Automotive Infotainment Systems

The burgeoning requirement for human machine interface (HMI) systems and booming sales of passenger vehicles are fueling the demand for automotive infotainment systems across the world. For instance, Nissan has announced it has started the development of self-driving cars for replacing human requirement for operating the vehicle. These systems provided various advantages such as improved scheduling and routing, reduced operating costs, and enhanced driver productivity. According to the India Brand Equity Foundation (IBEF), the production of automobiles in India grew at a CAGR of 2.36% from FY16 to FY20 and reached 26.36 million units in FY20. 

Automotive Infotainment Market Outlook

Apart from this, the surging deployment of small and medium-sized cars is also propelling the sales of automotive infotainment systems. Additionally, the rapid advancements being made in wireless technologies are also fueling the development of automotive infotainment products and services. The adoption of voice interface systems in vehicles is also creating lucrative growth opportunities for the players operating in the automotive infotainment market. Automotive infotainment systems basically refer to information and entertainment systems such as software platforms, digital versatile disc (DVD) players equipped with video screens, and audio systems such as rear sear entertainment and its accessories, radio, and navigation devices like GPS.

Many original equipment manufacturers (OEMs) have began working with suppliers for developing low-cost and feature-packed infotainment systems, which are particularly priced for low to medium segment cars. Furthermore, many automobile manufacturers are providing software updation kits to their customers for saving cost and time and improving customer experience. The other major factor propelling the demand for automotive infotainment systems is the surging deployment of electric vehicles across the world, as per the observations of the market research company, P&S Intelligence.

Hence, it can be safely said that the demand for automotive infotainment systems will soar in the coming years, mainly because of the increasing deployment of electric vehicles, surging passenger car sales, and growing requirement for HMI systems in vehicles. 

Explore Full Report Description At: https://www.psmarketresearch.com/market-analysis/automotive-infotainment-market

Read More

Enactment of Strict Environmental Regulations Driving Demand for Liquid & Air Filter Bags

The enactment of strict government regulations and environmental standards for mitigating water and air pollution is driving the demand for liquid and air filter bags across the world. In recent years, industrial activities have surged in several countries and this has led to the generation of large quantities of liquid and air wastes, thereby causing rapid environmental degradation. As a result, the governments of many countries implemented environmental standards and regulations in order to reduce the emission of pollutants or contaminants into the atmosphere.

Because of the enactment of such regulations, many industries started using liquid and air filter bags, as these products help in removing the dust particles settled in various systems and machinery. Additionally, the burgeoning requirement for these filter bags in the cement manufacturing and mining industries is also creating lucrative growth opportunities for the players operating in the liquid and air filter bags market. In these industries, liquid and air filter bags are extensively used for reducing the generation of dust particles during manufacturing processes.

In this industry, these bags are extensively used for removing dust and other unwanted substances from the equipment machinery. Across the globe, the sales of these bags were the highest in the Asia-Pacific (APAC) region in the years gone by. This was due to the huge demand for clean indoor air and the implementation of stringent emission regulations in the region. Moreover, with the surging power production and the expansion of food and beverage and oil and gas industries, the demand for these bags will explode in the region in the coming years.

Hence, the sales of liquid and air filter bags are certain to shoot up in the forthcoming years, primarily because of their growing requirement in various industries and the implementation of strict emission and environmental regulations in several countries around the world.

Read More: https://www.psmarketresearch.com/market-analysis/liquid-and-air-filter-bags-market

Read More