TechnoMark News

Robot-assisted orthopedic surgeries make it possible to accomplish several orthopedic surgical procedures with a high level of precision. Orthopedic robotic systems are used for replacement surgeries such as partial or complete knee replacement, and total hip replacement among others, by means of minimally-invasive procedures. Thereby, offering a wide array of benefits which otherwise would result in complications via traditional human-assisted surgeries. Market Industry Reports (MIR) has published a new report titled “ Orthopedic Surgical Robots Market   – Global Industry Analysis, Size, Share, Growth, Trends, and Forecast, 2019–2030.” According to the report, the global orthopedic surgical robots market is anticipated to be a million-dollar market by 2030. It is anticipated to grow at a healthy CAGR from 2019 to 2030. The considerable growth of the global orthopedic surgical robots market can be attributed to several factors such as the rising preference for minimally-invasiv...

The market growth can be attributed to several factors such as the increasing prevalence of neuroblastoma in children, improvements in the healthcare infrastructure, and rising R&D activities are anticipated to further contribute to this substantial market growth between 2019 and 2030. However, the high cost of this therapy is likely to restrain the growth of the market to a certain extent. Market Industry Reports (MIR) has published a new report titled “ Pediatric Neuroblastoma Treatment Market  – Global Industry Analysis, Size, Share, Growth, Trends, and Forecast, 2019–2030.” According to the report, the Global Pediatric Neuroblastoma Treatment Market is estimated to account for over US$ 676.0 million by 2019. The market is anticipated to grow at a CAGR of ~8.6% from 2019 to 2030. To obtain better insights regarding the market scenario, prominent players are increasingly focusing on collaborative initiatives with several institutes, research centres, and companies. For in...

The significant growth of the market can be attributed to, high cost of premium or super-premium products. Moreover, factors such as increasing demand for premium alcoholic beverages and new product launches and innovations as well as a change in consumer preferences are anticipated to boost the growth of the alcoholic beverages market over the forecast period. For instance, canned alcohol is available in a variety of range such as pre-mixed cocktails. Several vendors are offering alcoholic beverages in various flavours as well as products containing no artificial flavours and colours. These innovations are identified as a critical alcoholic beverage market trend responsible for the growth of the market. Market Industry Reports (MIR) has published a new report titled “ Alcoholic Beverages Market   – Global Industry Analysis, Size, Share, Growth, Trends, and Forecast, 2019–2030.” According to the report, the global alcoholic beverages market is estimated to be over US$ 1.5 Billi...

Artificial intelligence assists the machines to perform any task without human interventions. It uses different algorithms and software that help the machine to inculcate perception and reasoning for various situations. AI is widely applicable in the healthcare sector for various purposes such as drug discovery and precision medicine. In addition, it is used to analyze a patient's medical data, to predict disease onset, and personalize treatment provided to the patient. The global AI market was valued at $1,441 million in 2016 and is estimated to reach $22,790 million by 2023, registering a CAGR of 48.0% from 2017 to 2023. The AI market is segmented based on offering, technology, application, end-user, and geography. On the basis of offering, the market is divided into hardware, software, and services. By technology, it is classified into deep learning, querying method, natural language processing, and context-aware processing. Applications covered in the study include robot-assis...

Brain monitoring is the process of identifying any abnormality in the functioning of the brain cells by exploring the structure and function of the brain. These are used to monitor neurological disorders such as Alzheimer's, Parkinson's, epilepsy, dementia, multiple sclerosis, sleep disorder, brain tumour, and others. The process involves the use of several brain monitoring devices to track brain functions such as the velocity of blood flow in the veins and arteries in the case of epilepsy and traumatic brain injury. The global brain monitoring market generated $3,850 million in 2017 and is projected to reach $6,595 million by 2025, growing at a CAGR of 6.9% from 2018 to 2025. The global brain monitoring market is expected to register substantial growth in the near future, owing to the increase in the geriatric population and rise in the prevalence of neurological disorders. In addition, technological advancements are expected to boost market growth during the forecast period....

The significant growth of the market can be attributed to increased production & consumption of livestock-based products. Moreover, the rising focus on livestock growth & welfare promotes the growth of this market. Intensive Research & Development and opening of new facilities by key players for increasing the production of feed additives is propelling the market growth. For instance, in 2019, Archer Daniels Midland Company (ADM) opened a new high-tech livestock feed facility in Quincy, Illinois for expanding and improving their animal nutrition portfolio. However, the stringent regulatory policies in several regions restrict the addition of specific feed additive eventually hampers the market growth. Market Industry Reports (MIR) has published a new report titled “ Feed Additives Market  – Global Industry Analysis, Size, Share, Growth, Trends, and Forecast, 2019–2030.” According to the report, the global feed additives market is estimated to be over US$ 34.4 Bn in ...

Embedded SIM (eSIM) or Embedded Universal integrated circuit card (eUICC) is a non-removable SIM/hardware for next-generation connected consumer devices. It is mandatory for eSIMs to be compliant with GSMA’s Remote SIM provisioning specifications. eSIMs finds applications across a broad spectrum of consumer devices such as smartphones, laptops, wearable, smart glasses, tablets, printers, connected home devices, and several other gadgets. There are various advantages offered by Embedded SIM (eSIM) such as high-quality connectivity, easy management of subscription over the entire lifecycle of the device and simplified logistics. Market Industry Reports (MIR) has published a new report titled “ eSIM Market  – Global Industry Analysis, Size, Share, Growth, Trends, and Forecast, 2019–2030.” According to the report, the global eSIM market is estimated to be over US$ 333.3 Mn in 2019. It is anticipated to grow at a substantial CAGR from 2019 to 2030. Major Key Players of the eSIM Ma...

Membrane Chromatography is a widely used technology in the bioprocessing industry. Membrane chromatography is a relatively new and faster processing technology that is used in drug production. Also this technique offers higher capture efficiency and productivity than other chromatography techniques. Purification, isolation of proteins and enzyme and other biotechnology-related applications are also carried out by membrane chromatography. Market Industry Reports (MIR) has published a new report titled “ Membrane Chromatography Market  – Global Industry Analysis, Size, Share, Growth, Trends, and Forecast, 2019–2030.” According to the report, the global membrane chromatography market is estimated to be over US$ 100 Mn in 2017. It is anticipated to grow at a CAGR of 18.0% from 2019 to 2030. Major Key Players of the Membrane Chromatography Market are: Sartorius, GE Healthcare, Asahi Kasei, Danaher, Merck Millipore, Thermo Fisher Scientific, Cole-Parmer, Membrane Solutions and 3M Com...

The significant growth of the market can be attributed to rising consumer demand for perishable food items, growth of international trade due to trade liberalization, and expansion of the organized food retail industry are some of the factors that will boost the growth of the market over the forecast period. Moreover, factors such as increasing need for temperature control to prevent potential health hazards also fuels the growth of this market. However, concerns regarding environment such as greenhouse gas emissions and using high energy and infrastructure cost will restrain the growth of the market to a certain extent. Market Industry Reports (MIR) has published a new report titled “ Cold Chain Market  – Global Industry Analysis, Size, Share, Growth, Trends, and Forecast, 2019–2030.” According to the report, the global cold chain market is estimated to be over US$ 217 Bn in 2019 It is anticipated to grow at a CAGR of 7.0% from 2019 to 2030. Cold chain services are designed to...

Zinc citrate is nothing but zinc salt-containing citric acid.  Zinc citrate  is available as a dietary supplement for treating zinc deficiency and also a source of zinc. Since zinc is not produced naturally in the body, it is obtained from supplements or specific foods. Foods that contain zinc are meat, nuts, eggs, whole grains, seeds, and more. Consuming zinc helps in the following processes in the body: Growth and development DNA synthesis Wound healing Enzymatic reactions Immune function Gene expression Protein synthesis Zinc improves the functioning of the immune system by signalling cells and keeping it strong. Hospitals majorly use zinc since it fastens wound healing by playing an important part in collagen synthesis, inflammatory response, and immune system. In addition, zinc helps treat acne, reduce few age-associated diseases, decreases inflammation, and more. Market Industry Reports (MIR) has published a new report titled “Zinc Citrate Market – Global In...

Hemorrhoid is also known as piles which are treated by medications or surgery. The said disorder mostly occurs in pregnancy, diarrhea, sitting for long durations, heavy lifting, genetics, obesity, chronic constipation, ageing, and anal intercourse. It is generally treated with rubber band ligation, but when the disorder progresses, surgical procedure is highly preferred by physicians. Endoscopic band ligation devices include transparent plastic cup, loaded with bands that fit on the tip of endoscope, forceps for capturing the position of piles, and a trip-wire or strip running from the cap to endoscope handle through the accessory channel. All of these devices are used while performing hemorrhoids endoscopic surgery. Other techniques used to treat hemorrhoids include bipolar diathermy, infrared coagulation (IRC), injection sclerotherapy, laser photocoagulation, and cryotherapy. Market Industry Reports (MIR) has published a new report titled “Global  Hemorrhoid Treatment Devices...

Sterile injectable drugs are drug preparations containing active ingredients, which are injected into the body using syringes or needles. The drug and its preparations are available in sterile forms and are safe and effective for the treatment of diseases showing a low response to oral medications. These drugs assist in faster recovery from disease and can be used as an alternative in hospitals to conventional methods. Market Industry Reports (MIR) has published a new report titled “ Sterile Injectable Drugs Market  -Industry Analysis, Size, Share, Growth, Trends, and Forecast, 2019–2030.” According to the report, the sterile injectable drugs market is estimated to be over US$ 500.0 billion in 2019. It is anticipated to grow at a double-digit CAGR from 2019 to 2030.  The continual growth of the sterile injectable drugs market can be attributed to several factors that have led to the wide-scale adoption of these drugs for treatment and speedy recovery. Moreover, the growing...

Medical tourism includes travelling of patients to a different country or city for medical treatment. Travelling is done either due to no treatment in their place or they get the preferred treatment in other countries at comparatively lower rates. Most individuals choose to travel to well-developed regions for improved recovery. But nowadays, people from developed economies are travelling to less developed countries, such as India, Thailand, Malaysia, Sri Lanka, Latin America, and Singapore due to low medical cost as compared to their country. Nevertheless, in a few countries procedures like fertility are not legalized which ultimately enable people to select another region.  India is one of the major regions for medical tourism not only due to the availability of better treatment, but also low medical cost. Procedures like dentistry, fertility, psychiatry, cancer, cosmetic surgery, and cardiology are common procedures in these developing economies. Developing economies are ide...

Plant-based foods may or may not include animal products, but comprise plant sources, such as vegetables, fruits, plant-based oils like canola, avocado, and olive, whole grains, and seeds. The consumer has the freedom to decide if he wants to consume animal products or not. The plant-based diet is generally consumed by individuals due to health reasons and not because of religious, ethical, or cultural reasons. This type of diet is also preferred by people owing to its increasing benefits to the human body, especially for heart health.   Plant-based eggs   are made from plants and not chickens. Hence, people inclined towards healthy diet are increasing opting plant-based eggs. The growing demand for these types of eggs is also claimed by retailers in foreign countries. Plant-based eggs are replacing new vegan diet since it contains all the benefiting factors of the normal eggs on baking, especially when baking with wheat flour. Eggs are consumed in more than 90% of househo...

Extended Reality (XR) Market was estimated at ~US$ 31.5 billion in 2019. The market is anticipated to further grow at a CAGR of ~66 % from 2019 to 2030. Extended Reality (XR) is an immersive technology that refers to all real & virtual environments combined and human-machine interactions generated using computer technology and wearables. Extended Reality (XR) offers highly digital experiences with photorealistic visuals by integrating on-device processing, 5G, and edge cloud processing technologies. XR encapsulates Augmented Reality (AR), Virtual Reality (VR), Mixed Reality (MR), and everything in between. The global  extended reality market  is driven by increased technological advancements and investments in AR&VR, expansion of the gaming industry, and rising demand for improved customer experience. Moreover, a rise in the penetration of smartphones & mobile gaming and increased adoption of augmented & virtual reality solutions in education is playing a p...

Machine Learning Market was estimated at US$ 2.7 billion in 2019. The market is anticipated to further grow at a CAGR of 43.5% from 2019 to 2030. Machine Learning  is a branch of Artificial Intelligence (AI) that enables machines to perform tasks competently by using advanced software. The backbone of intelligent software constitutes statistical learning methods that are used to develop machine intelligence. It gives computers the ability to learn from data, identify patterns and make decisions with minimal human intervention. As it is evident from the name, it allows computers to learn automatically without assistance and adjust actions from experiences. The computational architectures and algorithms are used to effectively capture, store, index, retrieve, and merge this data. Machine learning is one of the top emerging sciences and has extensive applications in various domains. Some of the applications include traffic alerts (Google Maps), transportation & commuting (Uber...

The electric truck is an electric vehicle motorized with batteries that are specially designed to deliver cargo. Lithium-ion batteries are commonly used in these types of vehicles. Electric vehicles are an ideal alternative to the traditional trucks including the benefit of creating no pollution. Owing to the higher efficiency of these vehicles, the running costs are expected to be comparatively less. They are significantly gaining popularity on a large scale due to their efficiency and battery life. Advancements in battery technologies and electric powertrains are the major factors driving the electric truck market growth. Several technological advancements in  electric trucks  are making them more efficient & high powered while increasing the distance covered in single charging, which makes them more desirable and convenient for logistic applications. For instance, technological advancements in Li-ion batteries makes batteries lightweight, capable of storing more pow...

Connected Vehicle Market is estimated to be US$ 39.78 billion in 2019. The market is anticipated to further grow at a CAGR of 19.15% from 2019 to 2030. A   connected vehicle   is equipped with internet and can send data, access data, download software & patches, and communicate with other IoT devices. The first commercial connected car was developed by General Motors with Motorola Automotive in 1996, which could make voice calls to call centres in cases of emergency. Moreover, there are several key players, such as BMW, AUDI AG, Tesla, Volkswagen AG, and others, that have been investing heavily in connected vehicle technology to provide the best solutions in the market. The key functions/features of connected vehicles include infotainment, safety (roadside assistance, traffic, safety & collision warnings, and others), navigation, automobile diagnostics, etc. Major Key Players of the Connected Vehicle Market are: BMW, AUDI AG, Tesla, Volkswagen AG, AB Volvo, OnSta...

Bonded abrasives are a combination of fillers, grains, and bonding substances. With this, a bonding medium is also required that offers bulk strength to the structure. The bonding agent is generally transparent rubber, resin, epoxy, shellac, magnesite, and more. Over the years, manufacturing companies have been focused on developments of different types of abrasive grains and bond in order to enhance the performance of the product. Every product is specially designed to offer to finish, cutting requirements, and stock removal. Market Industry Reports (MIR) has published a new report titled “ Rubber Bonded Abrasives Market  – Global Industry Analysis, Size, Share, Growth, Trends, and Forecast, 2019–2030.” According to the report, the global rubber bonded abrasives market is estimated to be over US$ 1284.50 Mn in 2018. It is anticipated to grow at a steady CAGR from 2019 to 2030. The substantial market growth can be attributed to a growing demand for rubber-bonded abrasives in au...

Market Industry Reports (MIR) has published a new report titled “ Automotive Fuel Injection Systems Market  – Global Industry Analysis, Size, Share, Growth, Trends, and Forecast, 2019–2030.” According to the report, the global Automotive Fuel Injection Systems market is estimated to be over US$ 70.14 Bn in 2018. It is anticipated to grow at a substantial CAGR from 2019 to 2030. The significant market growth can be attributed to benefits provided by fuel injection systems such as maintaining linear power at all speeds and maximum fuel efficiency & power production. Moreover, stringent government regulations for lower emissions are also driving the market growth. In April 2019, EU directed heavy truck Original Equipment Manufacturers (OEMs) to provide a 15% reduction in average CO2 emissions per truck by 2025 and 30% reduction by 2030, keeping 2019 as a baseline. In line with the changing scenario, the Westport HPDI 2.0 system reduced tank-to-wheel CO2 emissions in heavy-duty...

Cosmetic laser devices are used for cosmetic or aesthetic treatment to improve the physical appearance of an individual. These treatment procedures work on the mechanism of selective photothermolysis, where light source emitting a definite wavelength is used to produce a thermal effect. The thermal effect leads to lysis of the cells, thereby causing the destruction of unwanted cells. This form of treatment is minimally invasive and bears several advantages over its conventional counterparts. Market Industry Reports (MIR) has published a new report titled “ Cosmetic Lasers Market  – Global Industry Analysis, Size, Share, Growth, Trends, and Forecast, 2019–2030.” According to the report, the global cosmetic lasers market is estimated to be over US$ 1,500 Mn in 2018. It is anticipated to grow at a CAGR of 13.4% from 2019 to 2030. Major Key Players of the Cosmetic Lasers Market are: Cutera, Cynosure (Hologic), Alma Lasers, (Fosun Pharmaceutical), SharpLight Technologies Inc, Aero...

Growing prevalence rates of Alzheimers disease globally and rising geriatric population worldwide is anticipated to fuel the growth of Alzheimers drugs market. With the globally increasing ageing population, the number of patients suffering from Alzheimers disease is projected to grow during the forecast period. According to the World Health Organization (WHO) between the years 2015 and 2050, the proportion of the world’s population over 60 years will nearly double from 12% to 22%. It is estimated that dementia affects 46.8 million people worldwide with an estimated cost of USD 818 billion. Alzheimers disease is the most common cause of dementia, with 9.9 million people newly diagnosed with dementia each year. Unfortunately there is no cure for Alzheimers, which has become one of the greatest public health challenges globally. These factors are expected fuel the Alzheimers Drugs Market in the forecast period. Current treatments focus on delaying the onset of the disease and on allevi...

The threat of contamination of biological products, namely vaccines, biotherapeutics and biologics is a major source of concern for laboratories, pharmaceutical companies and other research & educational establishments. Such contaminations may arise as a result of chemical impurities, fungi, bacteria and viruses. The occurrence of viral contamination affects the raw materials, cell culture, bioreactors and several downstream processes. Therefore, practicing virus safety and virus filtration studies is extremely pivotal in the process of manufacturing as well as research studies. Market Industry Reports (MIR) has published a new report titled “ Virus Filtration Market   – Global Industry Analysis, Size, Share, Growth, Trends, and Forecast, 2019–2030.” According to the report, the global virus filtration market is estimated to be over US$ 1,200 Mn in 2017. It is anticipated to grow at a CAGR of 12.1% from 2019 to 2030. The continual increasing adoption of biopharmaceuticals, ...

A biometric system is a device that uses an individual's biological information to identify the person. These systems initially obtain the person's raw biometric data, which is based on unique traits. Biometric systems, then perform the operation on the acquired raw data to produce in more specific data as compared to the raw information, sometimes referred to as a biometric template. Enrollment and recognition are the major modules of the biometric technological systems that help identify different individuals. These systems are specially installed at public, private, and government organizations for improved security and control of physical access. Biometric systems  have been witnessing a few innovations in recent years. Some of them can be stated as: - Integration of artificial intelligence has improved biometric systems with cameras, especially used for defense purposes - Mobile manufacturing companies have implemented mobile facial recognitions in smartphones - Improved ...