Embolotherapy Market To Generate $6,447.1 Million Revenue by 2030

A number of factors such as increasing incidence of lifestyle-associated and chronic illnesses, improving healthcare infrastructure, and rising healthcare spending are expected to propel the embolotherapy market at a CAGR of 7.7% during 2020–2030. According to P&S Intelligence, the market was valued at $3,082.9 million in 2020, and it is projected to generate $6,447.1 million revenue by 2030. In recent years, the rising number of product approvals and launches has become a major market trend.

Apart from this, the rising incidence of chronic and lifestyle-associated diseases will also play a vital role in the embolotherapy market growth. Diseases such as obesity, diabetes, stroke, chronic obstructive pulmonary disease (COPD), cancer, and metabolic syndrome are caused due to unhealthy diet, smoking, physical inactivity, and excessive alcohol consumption. These diseases are a major healthcare burden in high-income as well as low- and middle-income countries (LMICs) and require advanced treatment for better results, owing to which medical professionals are prescribing emobolotherapy for such patients. 

Access Detailed Report - Embolotherapy Market Regional and Country Breakdown

Currently, players in the embolotherapy market, such as Medtronic Plc, Merit Medical Systems Inc., Terumo Corporation, Kaneka Corporation, Boston Scientific Corporation, Guerbet, BALT EXTRUSION SAS, Johnson & Johnson, Abbott Laboratories, Sirtex Medical Limited, and Meril Life Sciences Pvt. Ltd., are focusing on product approvals and product launches to gain a competitive edge. For example, in August 2019, Cook Medical LLC introduced the 2.6 Fr CXI support catheter for super-selective anatomy or small-vessel anatomy used for interventional and diagnostic procedures.

Globally, North America accounted for the largest share in the embolotherapy market in 2020, and it is expected to maintain its lead during the forecast period as well. This can be primarily ascribed to the surging prevalence of chronic and lifestyle-associated diseases, growing geriatric population, and increasing efforts of market players toward developing advanced embolic agents in the region. Moreover, the presence of an established healthcare ecosystem also facilitates the regional market growth.

Read More

What are Key Factors Causing Boom of U.S. Pulse and Regional Oximeters Market?

 The awareness regarding surgical care programs is increasing all over the globe. Attributed to this, the demand for pulse and regional oximeters is growing worldwide, including the U.S. The World Health Organization (WHO), has included these medical devices in a number of projects to increase awareness regarding their utilization. Pulse and regional oximeters are further included in WHO’s safe surgical checklist, as a standard for operations. Pulse oximeters are utilized for monitoring the amount of oxygen that is being carried in the body. These are non-invasive devices and are attached painlessly to the fingertip of the patient. 

Browse In-depth  U.S. Pulse and Regional Oximeters Market Regional Breakdown

The device sends two light wavelengths through the finger for measuring pulse rate and the amount of oxygen that is in the system. Regional oximeters aid physicians in monitoring cerebral oxygenation in cases where pulse oximeters are not fully indicative of amount of oxygen that is reaching the brain. As per a report by P&S Intelligence, the U.S. pulse and regional oximeters market is expected to attain a value of $1,101.4 million by 2024, increasing from $687.3 million in 2018, and is predicted to register an 8.2% CAGR during the forecast period (2019–2024). 

Between pulse and regional oximeters, the demand for pulse oximeters is projected to be higher in the coming years, which is owing to the wider application area of these medical devices as compared to regional oximeters. Pulse oximeters are user-friendly, compact, and can be attached to different body parts, including nose, palm/foot, and fingertip. Different types of pulse oximeters are nose, fingertip, palm/foot, handheld, wrist-worn, earlobe, forehead, and table-top. Among all these, the demand for wrist-worn pulse oximeters is expected to increase considerably in the near future, as they are more innovative in terms of technology and are accepted more among older people in home-based care. 

Aged people further prefer medical devices that are home-based, user-friendly, and non-invasive for monitoring their saturated oxygen levels. Pulse and regional oximeters are homecare settings, hospitals, pre-hospital care and emergency medical service providers, emergency management care settings, fire rescue departments, and clinics. Hospitals made the most use of these devices in the U.S. Within the country, California was the largest U.S. pulse and regional oximeters market in the past, which can be attributed to the presence of major players and high healthcare spending in the state. 

In conclusion, the demand for pulse and regional oximeters is growing in the U.S due to the increasing awareness regarding surgical care.  

Read More

Escalating Safety Concerns to Boost Popularity of Automotive Digital Services in Germany in Coming Years

The growing prevalence of road accidents in Germany is increasingly becoming a matter of grave concern for both the common people and the regulatory authorities of the country. As a result, the people in the country are rapidly gravitating toward vehicles equipped with advanced safety systems such as ADASs (advanced driver assistance systems). Moreover, the high incidence of automobile crashes is massively pushing up the sales of telematics-enabled trucks, which is, in turn, fueling the demand for automotive digital services in the country. 

Because of the increasing fatality rates of these road accidents, the European Commission is presently revising the safety requirements in automobiles. Many industry experts believe that the organization will soon make the installation of ADAS systems and other safety features mandatory in passenger cars. With the implementation of these strict safety regulations and the rising customer preference for vehicles equipped with safety systems, the requirement for automotive digital services will surge in Germany in the future years. 

Besides the common people and the government, the automobile manufacturers are also increasingly focusing on integrating advanced security devices and systems in their vehicles. The automakers are rapidly incorporating these features in their cars as the unique selling proposition (USP) of the vehicle, which, in turn, is boosting the sales of these automobiles throughout the country. Furthermore, the increasing popularity of in-vehicle connectivity features is also propelling the demand for automotive digital services, which is subsequently boosting the advancement of the German automotive digital services market. 

Hence, because of the aforementioned reasons, the German automotive digital services market will exhibit rapid expansion in the future, as per the forecast of the market research firm, P&S Intelligence. In-vehicle digital, logistic fleet management, mobility on demand are the most widely adopted types of automotive digital services. Amongst these, the integration of the in-vehicle digital services was recorded to be significantly high in the past, because of the high customer preference for vehicles equipped with ADASs. Moreover, the comparatively higher prices of these systems caused higher revenue generation from their sales in the years gone by. 

Therefore, with the increasing implementation of strict vehicular safety regulations and the growing customer requirement for automobiles equipped with advanced safety systems and features, on account of the rising incidence of road accidents, and the ballooning popularity of ride sharing and hailing services, the demand for automotive digital services will surge in Germany in the coming years. 

Read More

Europe MVNO Market To Generate $48,762.8 Million Revenue by 2030

A number of factors such as the increasing adoption of segment-targeted pricing and innovative distribution strategies, escalating need for triple-play services in developing countries, mounting demand for low-cost mobile services, rising penetration of mobile devices, and surging use of cloud-enabled solutions are expected to drive the European mobile virtual network operator (MVNO) market at a CAGR of 5.8% during 2020–2030.

The market was valued at $27,748.1 million in 2020, and it is projected to generate $48,762.8 million revenue by 2030. One of the primary growth drivers of the market is the surging focus of MVNOs on innovative distribution and segmented-targeted pricing strategies. As the success of MVNOs largely depends on unique brand positioning and value proposition, they are focusing on adopting unique strategies to attract target customers, such as tourists, ethnic groups, and migrant workers.



MVNOs cater to varied customer needs through the optimal use of the existing telecom infrastructure of mobile network operators (MNOs). In recent years, the increasing adoption of self-service portals has become a prominent trend in the European MVNO market, as they help improve productivity and enhance the profitability of market players and give customers more control and power over their mobile data.

An efficient self-service portal offers customers faster, convenient, and flexible services. Additionally, these portals also help MVNOs with reduced administrative burden, cost, and time. Simultaneously, consumers can monitor and stay abreast of their mobile usage. Therefore, the rising focus of MVNOs on segmented targeted-pricing strategies and the burgeoning demand for self-service portals will drive the demand for MVNOs in the European region.

This market research report provides a comprehensive overview of the market

• The Future potential of the market through its forecast for the period 2020– 2030
• Major factors driving the market and their impact during the short, medium, and long terms
• Market restraints and their impact during the short, medium, and long terms
• Recent trends and evolving opportunities for the market participants
• Historical and the present size of the market segments and understand their comparative future potential
• Potential of on-demand logistics services, so the market players make informed decisions on the sales of their offerings

Read More

Rising Cases of Celiac Disease Encouraging Gluten-Free Product Consumption

Celiac disease or gluten sensitive enteropathy refers to an autoimmune ailment that affects genetically predisposed people, whose small intestine is damaged due to the ingestion of gluten. It is a hereditary disease and can develop at any age after individuals start consuming food items or medicines that contain gluten. According to the Celiac Disease Foundation, this disease affects 1 in 100 people worldwide. As per this foundation, the only treatment for this illness is lifelong adherence to a gluten-free diet. 

The increasing incidence of celiac disease will, therefore, help the gluten-free products market progress in the upcoming years. To cater to the needs of people living with gluten sensitive enteropathy, Alara Wholefoods, Glutamel, General Mills Inc., Domino's Pizza Inc., H.J. Heinz Company, and Kelloggs are offering gluten-free products globally. The labelling of these products varies from country to country. For example, in the U.K., food products containing less than 20 parts per million can be labelled as gluten-free; whereas, in Canada, products bereft of wheat, rye, triticale, kamut, oats, spelt, and barley are considered gluten-free. 

According to P&S Intelligence, North America and Europe will lead the gluten-free products market in the foreseeable future. This will be due to the surging prevalence of celiac disease and rising public awareness regarding healthy eating habits in these regions. For instance, the Canadian Digestive Health Foundation (CDHF) states that nearly 1.0% of the Canadian population is affected by celiac disease, even though 90% of the cases remain undiagnosed. Likewise, the National Health Service (NHS), England, estimates that at least 1 in every 100 people in the U.K. are affected by celiac disease. 

Therefore, the rising cases of celiac disease, improving lifestyle of people, and soaring public awareness regarding health and fitness will facilitate the consumption of gluten-free products in the upcoming years.  

Read More

Automotive Sector Using Composite Materials to Improve Fuel Efficiency of Vehicles

The International Organization of Motor Vehicle Manufacturers (OICA) states that a total of 77,621,582 vehicles were manufactured in 2020. As per the OICA, India, China, Japan, Thailand, Indonesia, and South Korea produced 3,394,446 units, 25,225,242 units, 8,067,557 units, 1,427,074 units, 691,286 units, and 3,506,774 units of vehicles, respectively, in 2020. The increasing automobile production, especially in the Asia-Pacific (APAC) region, on account of the mounting investments being made by automakers in APAC nations, will fuel the demand for automotive composite materials in the foreseeable future.

Additionally, the burgeoning demand for lightweight and fuel-efficient vehicles, owing to the surging concerns over rising air pollution levels and depleting fossil fuel reserves, is also expected to contribute to the progress of the automotive composite market in the upcoming years. According to the World Health Organization (WHO), nearly 99% of the people across the world breathe air that exceeds WHO guideline limits regarding pollutant level. Automobile manufacturers are using a combination of plastics, steel, magnesium, aluminum, and composites to reduce vehicle weight, which will, in turn, lead to lesser fuel consumption and carbon dioxide (CO2) emission. 

In contemporary times, automotive original equipment manufacturers (OEMs) are using ceramic matrix composite materials, metal matrix composite materials, and polymer matrix composite materials, such as carbon fiber reinforced polymers, glass fiber reinforced polymers, and natural fiber reinforced polymers, to reduce overall vehicle weight. These materials are manufactured by Toray Industries Inc., Scott Bader Company Ltd., Johns Manville, Koninklijke Ten Cate N.V., UFP Technologies Inc., Teijin Limited, SAERTEX GmbH & Co. KG, E.I. du Pont de Nemours and Company, Cytec Industries Inc., and Johnson Controls Inc.

Furthermore, the European region also consumed a considerable quantity of automotive composites in the recent past. The European automotive composite market was dominated by the U.K., Germany, Spain, Russia, and France. High volume consumption of these materials in such countries can be attributed to the rapid technological advancements and extensive focus of automakers on enhancing passenger comfort and manufacturing lightweight vehicles. Additionally, the presence of strict vehicular emission curtailment laws also facilitates the usage of composite materials in the automotive industry of Europe. 

Thus, the burgeoning automobile sales and production and rising demand for lightweight vehicles are expected to propel the usage of automotive composites in the forthcoming years.  

Read More

Why Are E-Commerce Firms in India Opting for Digital Freight Matching Services?

The e-commerce industry in India is witnessing substantial growth due to the rising internet penetration, the surging use of smartphones, laptops, and tablets, and the increasing number of online shopping platforms in the country. The rising popularity of online platforms is creating a notable requirement for logistics services, owing to which e-commerce companies in India are increasingly opting for digital freight matching services. Adoption of these services reduces operational costs of such companies and offers convenient delivery options.

Additionally, mounting investments being made in the development of improved logistics services will also contribute to the Indian digital freight matching market prosperity during 2020–2030. Nowadays, e-commerce giants, logistics firms, and venture capitalists are heavily investing in start-ups offering digital freight matching services to cater to the rising demand for advanced logistics solutions. For example, in December 2019, Walmart, an eminent e-commerce company, invested $60 million in Shadowfax, in its series D round of funding.

According to P&S Intelligence, Bangalore, Chennai, Delhi, Hyderabad, Kolkata, and Mumbai will hold a significant position in the Indian digital freight matching market in the upcoming years, due to the presence of massive urban population and high disposable income of the people in these cities. As per the 2011 Census of India, the population of Greater Mumbai, Kolkata, Hyderabad, Delhi, Chennai, and Bangalore is 18.41 million, 14.11 million, 7.75 million, 16.31 million, 8.70 million, and 8.50 million, respectively. 

Thus, the expanding e-commerce sector and the increasing investments being made in logistics startups will accelerate the adoption rate of digital freight matching services in India. 

Read More