APAC Leading the Way for the Dyes and Pigments Market

The value of the dyes and pigments market was $37,549 million in 2021, and will reach $57,947 million by 2030, at a growth rate of 5% in the years to come. This is because of the rising income, rising construction activities, thriving industries like paints & coatings, automotive, packaging, and textile; growing government initiatives for the textile sector, and snowballing awareness toward eco-friendly products.

Organic pigments will grow faster in the years to come. The reason for this will be the increasing awareness of consumers concerning the ills of inorganic pigments, growing use of organic alternatives in printing inks, and budding F& B industry, where these pigments are used as coloring agents.

Inorganic pigments had the larger share in the past, and they are further will maintain their position in the near future. This is because of their cost- effectiveness, increasing industrial use because of their high opacity, lightfastness, fade confrontation, and insolvability; and increasing necessity for inorganic pigments in surface coatings.

The growth of construction, automotive, paints & coatings, printing, plastics packaging, and cosmetics & personal care industries is increasing the demand for dyes and pigments. The increasing income is allowing customers spend more on personal care products. Media penetration, advertising, and promotional offers played a crucial role in increasing the demand for such products.

APAC was the regional dominator of over 60% in the past, and will continue like this in the future as well. This is credited to the increasing economy, growing implication of product innovation, growing urbanization rate, and’ changing preference of consumers. The increasing use of pigments in paints & coatings, automotive industry, and inks & varnishes is fueling the affluence of the market players.

It is because of the increasing consumer awareness with regards to eco-friendly dyes and pigments, the demand for the same is om the rise all around the world.

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Rhinoplasty: Transformation of Nose

What is Rhinoplasty?

Rhinoplasty is a surgical procedure that transforms the shape of the nose. The motivation behind the rhinoplasty could be improving nose appearance, breathing, or both. Rhinoplasty alters the size, shape, and nose proportions. It is done to repair injury deformities, and correct the birth defect. 

Rhinoplasty industry garners $4,881.2 million revenue in 2021, and it is projected to generate $8,989 million revenue in 2030, advancing at a rate of 7% in the coming future. There are several facial features considered by surgeons while planning the rhinoplasty. It includes the skin of the nose, and what the client would prefer to change. 

Anaesthesia During Rhinoplasty

Rhinoplasty requires local anesthesia or general anesthesia, relying on the complexities of the surgery, and the preference of the surgeons. 

Local Anesthesia with Sedation:  It is utilized in the outpatient setting. It is limited to a specific part of the body. It involves injecting the pain-numbing medication into the nasal tissues through an intravenous line and causes sedation.

General Anesthesia: General anesthesia can be given through inhalation or a small tube positioned in a vein located at the hand, chest, or neck. This anesthesia impacts the entire body, making it unconscious during the surgery. It involves a breathing tube. 

Rhinoplasty could be performed from inside the nose, or through the small external cut at the nose base between nostrils. The surgeon requires to readjust the bone and cartilage underneath the skin. 

A surgeon can modify the cartilage or nasal bones’ shape, depending on how much it is needed to add or remove, including nose structure and availability of materials. For smaller changes, a surgeon needs to take out cartilage from the ear, or deep inside the nose. 

For significant changes, surgeons can use cartilage from ribs, implants, or bone from other body parts. After making such changes, surgeon positions the skin and tissue back to the nose and stitch incisions in the nose. 

After Surgery Procedures 

In several cases, the internal dressings stay for one to seven days in the same place after surgery or removal of the dressing. Little bleeding, mucus, and old blood drainage are quite common for a few days after surgery or the removal of the dressing. The doctor may require a drip pad, a small gauze piece kept in place for around one week for absorption of drainage. 

Therefore, the rising incidences of rhinoplasty are led by growing awareness of appearance enhancement, and rising cases of accidents that cause nose injuries. 

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Increasing Healthcare Application of RNA Analysis

RNA sequencing revolutionizes the transcriptome study. It involves a highly sensitive and accurate tool for measuring transcriptome expression. It provides scientists to visualize the previously undetected changes in disease formation, concerning therapeutics in various environmental conditions and a wide range of study designs. 

RNA sequencing facilitates the researchers to detect novel and known features in a single assay, facilitating the detection of gene fusions, transcript isoforms, single nucleotide variants, and other features. 

RNA expression reflects the effects exerted by DNA on the cell. The mature mRNA consists of coding sequences of all expressed genes. RNA also serves as a principal DNA substitute in numerous diagnostic applications. 

As DNA is more stable, DNA-based diagnosis is highly preferred. RNA analysis is crucial in various applications of molecular diagnostics. Moreover, RNA analysis is widely used in RNA virus detection and quantification, including hepatitis C virus, and HIV. It holds great prominence in the detection of cancer. As it serves as a crucial tool for the tumor’s molecular stratification. 

The RNA analysis industry has garnered $14,909.8 million revenue in 2021, and it is projected to advance at the rate of 13.3% from 2021 to 2030, to generate $14,909.8 million revenue in 2030. 

RNA sequencing utilizes the capability of high-throughput sequencing methods to offer insight into cell transcriptome. Moreover, RNA sequencing provides closer analysis and greater transcriptome resolution. The RNA-sequencing data enables novel transcripts discovery, identifies alternatively spliced genes, and detects the allele-specific expression. 

The RNA-sequencing workflow advancements from sample preparation to library construction, and data analysis facilitate the sample preparation to data analysis and library construction. It helps researchers to elucidate the transcription’s functional complexity. 

The RNA-sequencing can be applied to identifying the various RNA populations, such as pre-mRNA, total RNA, and noncoding RNA, including long ncRNA and microRNA in polyadenylated messenger mRNA transcripts. 

In several instances, cancer cells with specific chromosomal translocations can be detected with higher sensitivity with mRNA analysis. 

The development of advanced technologies such as SMaRT technology, antisense technology, and RNA interference technology is projected to provide opportunities to companies providing RNA-based therapies and vaccines in the coming years. 

Advantages of RNA Sequencing

• The next generation RNA-sequencing is a preferred method of choice for scientists to study the transcriptome. 

• It facilitates precise and sensitive gene expression measurement.

• RNA sequencing captures both novel and known features, without any need for required predesigned probes.

• It reflects the whole transcriptome, not only a few selected transcripts.

• RNA sequencing can be applied to any species, even in the absence of a reference sequence. 

The major players operating in the industry are, Merck KGaA, Agilent Technologies Inc., Eurofins Scientific SE, Fluidigm Corporation, Danaher Corporation, F.Hoffmann-La Roche Ltd., and Illumina Inc. 

Therefore, the rising prominence of RNA analysis in healthcare boosts its demand. 

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Rising Incidences of Hearing Disorders Boost Demand for ENT Devices

The growing incidences of sinusitis and hearing disorders, including a rising preference for minimally invasive procedures more specifically in the ENT specialty, rising healthcare expenditure, and surging geriatric population boost the demand for ENT devices.  

The ENT devices industry is projected to garner $17,439.9 million revenue, and it is projected to advance at a rate of 6.9% from 2021 to 2030, to generate $31805.3 million revenue in 2030. 

The rising incidences of chronic ear infections, rising noise pollution, and increasing life expectancy, along with rising noise pollution are resulting in the growing demand for ENT devices. More specifically, in industrial countries, people are more likely to suffer from hearing impairment. 

Infections such as measles, meningitis, and middle ear infections are prone in developing countries. Hearing impairment may also be caused by chronic inflammation, noise exposure, vascular disorders, psychological aging, as well as genetic susceptibility. 

ENT Surgical Devices

Reinforced Anaesthesia Needle: ENT surgeons depend on reinforced anesthesia needles to easily perform injections. The combination of the 27G tip and larger outer sleeve facilitates a slow flow rate and positive injection depth precision stop to provide maximum patient comfort. 

Sinus Seekers: The sinus seekers facilitate a simple and easy way to determine the sinus location and device placement. It helps in confidently performing sinus dilation procedures, even in tight navigation or complex anatomy. Therefore, it facilitates faster and more convenient procedures with improved patient outcomes. 

Sickle Knife: The sickle knife is widely used in performing ENT surgical procedures, as well as concha bullosa resection, turbinate reduction, ungiectomy, septoplasty, anterior ethmoidectomy, and other such procedures. 

Sino-nasal Suction and Irrigation System: It provides an improved patient experience by delivering precise saline irrigation that enhances suctioning with minimized pooling and drainage. Its unique single-handed design provides a re-shapeable distal hypotube that is altered to irrigate and enable suction to various sinus passages in the patient. 

Shaver System: It is designed to shape bone and resect soft and hard tissues. The unique pencil-grip handpiece design and reusable blade options of the shaver systems provide an economic and flexible tool for ENT surgical procedures. Its straight suction channel with integrated irrigation helps in minimizing clogging and effectively cool the reliable handpiece without any resistance. 

Sinus Balloon Dilation System: Balloon sinus dilation is a procedure for patients with chronic sinusitis who do not respond to medication and seek relief from painful and uncomfortable sinusitis symptoms. This procedure is less invasive compared to conventional sinus surgery and provides relief from chronic sinusitis symptoms. 

The major players operating in the ENT devices industry are; Karl Storz Gmbh & Co. KG, Medtronic plc, Stryker Corporation, Olympus Corporation, Hoya Corporation, Widex A/S, and Smith & Nephew plc. 

Therefore, the rising incidences of chronic ear infections boost the demand for ENT devices. 

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Rising Popularity of Cosmetic Dental Procedures Propel Dental X-Ray Demand

If you are having a problem with your teeth, then your dentist will recommend a visual examination to provide better answers to the issues. The visual examinations might not provide all the required applications. In such cases, X-rays could be beneficial. They provide support in detecting possible diseases or decay from the naked eye.

The dental X-ray industry has garnered $1,892.6 million revenue in 2021, and it is projected to generate 14% revenue from 2021 to 2030 and contribute $6,143.3 million revenue in 2030.

The digital dental X-ray is garnering popularity due to technological advancements in the imaging modality, and increasing demand for cosmetic dentistry services, including convenient and fast diagnosis offered by them.

The advanced dental digital x-ray systems result in 2D and 3D generation representations of the scanned part. It enables the quick identification of the problem and targeted treatment development.

Since, cosmetic dentistry procedures are garnering popularity, including teeth whitening, dental implantology, smile makeover, tooth bonding, and periodontal plastic surgery, it results in the rising requirement for dental x-rays.

In addition, the emergence of CBCT systems fuels the usage of dental X-rays worldwide in cosmetic dentistry. The CBCT system is primarily used for precise dental implant procedures, as they provide high-resolution 3D images that enable the planning and positioning of dental implants.

Dental X-rays help dentists to assess the teeth' condition by enabling them to see between and inside them. Dental X-rays provide the dentist with the whole picture. Dentists can check roots, facial bone composition, and jaw placement. It helps dentists to detect and treat dental problems before they become too serious.

Types of Dental X-Rays

There are various types of dental X-rays. The most common are periapical, bitewing, and panoramic radiographs.

Bitewing X-rays: A bitewing x-ray is usually performed to locate the early signs of decay between bicuspids and back teeth.

Periapical X-rays: These types of X-rays are focused on one or two teeth.

Panoramic X-rays: Panoramic X-ray reflects the entire mouth in one image. It is usually performed from the outside and help in identifying the issues such as jaw disorders, cysts, or bone irregularities.

Other radiographs consist of cephalometric X-rays, occlusal X-rays, and cone-beam computed tomography.

Why Do Dental X-Rays Require? 

The oral health of each individual may vary, several people might have been diagnosed with gum or dental disease, while other may require X-rays every six months. There are also people who may need dental treatment only once in a while in a span of a few years.

The major players operating in the industry are; Air Techniques Inc., LED Medical Diagnostics Inc., Cefla S.C., Valtech Co. Ltd., Planmeca OY, General Electric Company, Carestream Health Inc., and Yoshida Dental Mfg. Co. Ltd.

Therefore, the rising popularity of cosmetic dental procedures boosts the demand for dental x-rays.

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Wide Usage of the QR Code Technology Boosts Mobile Wallet Industry Growth

 The mobile wallet industry has captured $1,568 billion revenue in 2021, and it is projected to advance at the rate of 23% from 2021 to 2030, to capture $10,097 billion revenue in 2030. It is led by the convenience provided to consumers for easy remote transactions through this technology. It provides consumers with ease in managing their payment accounts and fastens the funds' transfer.

Mobile Wallet Market Analysis and Demand Forecast Report

In addition, these wallets are easy to use, and provide users with convenience, as they do not require to be registered. They help in easy access through credit, debit, and internet banking. Moreover, the real-time information on funds and transactions has attracted numerous host retailers and businesses for their adoption and simplifies the monetary transactions for business deals.

The mobile wallet technology enabled with mobile-proximity payment and near-field communication provides offers convenience to the user. Therefore, the proximity will experience around a 24% rise in the near future. It offers individualized services for payment and online shopping needs.

The devices enabled with NFC provide ease to customers to make payments at the closest (POS), without any requirement for carrying cash or waiting in line for a longer time. Therefore, the convenience provided to customers for managing and accessing the payment accounts provides an opportunity for industry expansion.

The significant revenue share is captured by the QR code technology worldwide, as it facilitates people to initiate transactions and accept and transfer payments. Such, a real-time platform enables the exchange of crucial information within seconds, hence it captures 47% of the industry share.

The wide adoption of the QR code technology is led by the penetration of smartphones, and rising customer demand for simplicity, which can be acquired by the scanning of unique payment codes of sellers.

The wide acceptance of QR codes is ascribed to their rising integration into POS systems and access to high-speed internet.

In addition, corporate employees make small to big cashless transactions. Currently, all types of retailers from small to large have access to QR code scanners, that provide ease in transactions in real-time.

Such technology is capable of accessing user names and other information instantly. A wide number of retailers digitalize payment methods, to acquire transparency during transactions made by customers.

Under the applications segment, retail and e-commerce applications capture a significant industry share, accounting for 33% share. It is ascribed to the rising acceptance of mobile wallets among online channels and retailers. Retailers concentrate on contactless payment technologies to gain real-time consumer purchase activity data.

APAC captures a significant share of the industry, led by the rising penetration of smartphones and the internet. In addition, the rising adoption of 5G internet connectivity in the region propels the mobile wallet industry.

Therefore, the internet penetration led by the surging usage of smartphones boosts the industry's growth.

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Significance of Intelligent Transportation Systems

The combination of advanced technologies such as sensing, communication, control mechanisms, computation, and transportation systems enhances safety, coordination, and traffic management facilities with real-time information sharing. 

Such technologies enable fast transportation on both maritime and ground with information sharing through communication environment master planning and satellites.

Intelligent transportation systems include electronic, state-of-the-art wireless, and automated technologies. In addition, these technologies offer the potential to integrate infrastructure, system users, and vehicles.

Moreover, the implementation of the ITS technologies in the system management and vehicle design helps in reducing fuel consumption in numerous ways, such as:

• Providing optimal route planning and timing

• Ease in accelerations and decelerations as well as stop-and-go driving

• Providing Enhanced Appearance to Public Transportation Mode

• Adjusting Vehicle Transmission for Various Road Conditions and Terrain

• Providing Vehicles with Reduced Weight Without Impacting the Occupant’s Safety

ITS facilitates more advanced traffic control systems compare to conventional timed traffic signals. The intelligent traffic lights utilize traffic data and future traffic information collected at local intersections and RSUs for developing the dynamic time schedule to increase the traffic flow through an intersection.

Intelligent freight transportation utilizes advanced technologies and intelligent decision-making for developing the existing infrastructure efficiently for freight transportation. ITS includes two major elements; intelligence and integration. The intelligence offers knowledge discovery achieved by data access as well as advanced data analysis techniques.

Freight ITS offers benefits such as reduced delay and congestion costs led by integrated systems development. Several intelligent freight transportations focus on containerized cargo to reduce handling cost, loading, and unloading time, and improve storage efficiency and average payloads.

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