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Regenerative Medicine Market - Future Growth, Comprehensive Analysis & Key Players

According to the new market research report “Regenerative Medicine Market by Product (Cell Therapies (Autologous, Allogenic), Stemcell Therapy, Tissue-engineering, Gene Therapy), Application (Wound Care, Musculoskeletal, Oncology, Dental, Ocular), Geography – Global Forecast to 2025″, published by MarketsandMarkets™, is projected to reach USD 17.9 billion by 2025 from USD 8.5 billion in 2020, at a CAGR of 15.9%.

Browse and in-depth TOC on “Regenerative Medicine Market”
131 – Tables
38 – Figures
165 – Pages

The Growth is largely driven by the rising prevalence of chronic diseases, genetic disorders, and cancer; rising investments in regenerative medicine research; and the growing pipeline of regenerative medicine products.

The tissue-engineered products segment accounted for the largest share of the Regenerative Medicine Market.

Based on products, segmented into tissue-engineered products, cell therapies, gene therapies, and progenitor and stem cell therapies. The tissue-engineered products segment accounted for the largest share in the market in 2019. The increasing adoption of tissue-engineered products for the treatment of chronic wounds and musculoskeletal disorders and the rising funding for the R&D of regenerative medicine products and therapies are the major factors driving the growth of this segment.

Oncology segment to register the highest growth rate during the forecast period

Based on applications, the Regenerative Medicine Market is segmented into musculoskeletal disorders, wound care, oncology, ocular disorders, dental, and other applications. In 2019, the oncology segment accounted for the highest growth rate. This can be attributed to the rising prevalence of orthopedic diseases, growing geriatric population, increasing number of stem cell research projects, growing number of clinical researches/trials, and the rich pipeline of stem cell products for the treatment of musculoskeletal disorders.

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North America is the largest regional market for Regenerative Medicine Market

The market is segmented into four major regions, namely, North America, Europe, Asia Pacific, and the Rest of the World (RoW). In 2019, North America accounted for the largest share in the market. The growth in the North American market can be attributed to rising stem cell banking, tissue engineering, and drug discovery in the region; expansion of the healthcare sector; and the high adoption of stem cell therapy and cell immunotherapies for the treatment of cancer and chronic diseases.

The major players operating in this Regenerative Medicine Market are 3M (US), Allergan plc (Ireland), Amgen, Inc. (US), Aspect Biosystems (Canada), bluebird bio (US), Kite Pharma (US), Integra LifeSciences Holdings Corporation (US), MEDIPOST Co., Ltd. (South Korea), Medtronic plc (Ireland), Anterogen Co., Ltd. (South Korea), MiMedx Group (US), Misonix (US), Novartis AG (Switzerland), Organogenesis Inc. (US), Orthocell Limited (Australia), Corestem, Inc. (South Korea), Spark Therapeutics (US), APAC Biotech (India), Shenzhen Sibiono GeneTech Co., Ltd. (China), Smith & Nephew plc (UK), Stryker Corporation (US), Takeda Pharmaceutical Company Limited (Japan), Tego Science (South Korea), Vericel Corporation (US), and Zimmer Biomet (US).
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Industry Trends, Growth and Analysis For Healthcare Fraud Analytics
Fraud analytics is the efficient use of data analytics and related business insights developed through statistical, quantitative, predictive, comparative, cognitive, and other emerging applied analytical models for detecting and preventing healthcare fraud. The global healthcare fraud analytics market is projected to reach USD 5.0 billion by 2026 from USD 1.5 billion in 2021, at a CAGR of 26.7% during the forecast period. Market growth can be attributed to a large number of fraudulent activities in healthcare, the increasing number of patients seeking health insurance, high returns on investment, and the rising number of pharmacy claims-related frauds. However, the dearth of skilled personnel is expected to restrain the growth of this market.  The global healthcare fraud analytics market is facing a plethora of challenges. Travel bans and quarantines, halt of indoor/outdoor activities, temporary shutdown of business operations, supply-demand fluctuations, stock market volatility, falling business assurance, and many uncertainties are somehow exerting a partial negative impact on the business dynamics.  Download PDF Brochure @ https://www.marketsandmarkets.com/pdfdownloadNew.asp?id=221837663 The healthcare industry has been witnessing a number of cases of fraud, done by patients, doctors, physicians, and other medical specialists. Many healthcare providers and specialists have been observed to be engaged in fraudulent activities, for the sake of profit. In the healthcare sector, fraudulent activities done by patients include the fraudulent procurement of sickness certificates, prescription fraud, and evasion of medical charges.  A couple of reasons contributing to the growth of the health insurance market include the rise in the aging population, growth in healthcare expenditure, and increased burden of diseases. In the US, the number of citizens without health insurance has significantly decreased, from 48 million in 2010 to 28.6 million in 2016. In 2017, 12.2 million people signed up for or renewed their health insurance during the 2017 open enrollment period (Source: National Center for Health Statistics).  This growth is aided by the increasing affordability of health insurance for the middle class in this region and the rising awareness regarding the benefits of health insurance. In the UAE, as per a new regulatory policy (2017), any citizen residing and working in the UAE needs to be insured medically.   Major players in this market include IBM Corporation (US), Optum, Inc. (US), Cotiviti, Inc. (US), Change Healthcare (US), Fair Isaac Corporation (US), SAS Institute Inc. (US), EXLService Holdings, Inc. (US), Wipro Limited (India), Conduent, Incorporated (US), CGI Inc. (Canada), HCL Technologies Limited (India), Qlarant, Inc. (US), DXC Technology (US), Northrop Grumman Corporation (US), LexisNexis (US), Healthcare Fraud Shield (US), Sharecare, Inc. (US), FraudLens, Inc. (US), HMS Holding Corp. (US), Codoxo (US), H20.ai (US), Pondera Solutions, Inc. (US), FRISS (The Netherlands), Multiplan (US), FraudScope (US), and OSP Labs (US).  Research Developments Analysis 1. In January 2019, LexisNexis Risk Solutions collaborated with QuadraMed to enable patient identification capabilities and reduce the number of duplicate identities & fraudulent claims. 2. In August 2018, Verscend Technologies acquired Cotiviti Holdings. This acquisition helped improve the affordability of fraud detection solutions. 3. In June 2018, SAS Institute & Prime Therapeutics LLC teamed up, enabling Prime Therapeutics to utilize SAS’s analytic capabilities to combat the opioid crisis in the US
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How COVID-19 Impacted on Periodontitis in Healthcare Industry ?
COVID-19 Impact on Periodontitis in Healthcare Industry Overview The COVID-19 pandemic has posed immense pressure over the healthcare industry and proved to be an unprecedented challenge to global healthcare companies. The COVID-19 pandemic has deprived hundreds of medical services and hindered several ongoing clinical trials. With the introduction of COVID-19 vaccines, new COVID-19 infections have declined, but the attack of mutant corona strain and second COVID-19 wave has led to the overall increase in mortality rate and again badly affected the healthcare industry, among others. Moreover, the upcoming delta strain of the COVID-19 virus, which has affected Singapore, Indonesia, and France, is expected to hamper the market's growth in the future. The most common symptoms associated with coronavirus disease include cough, fever, diarrhea, sore throat, and loss of smell or taste. Patients affected with COVID-19 are at increased risk of developing hepatic manifestations and also experiences damage to liver tissues. COVID-19 has led to the closure and reduced hours of dental practices except for urgent and emergency services, thus limiting routine care and disease prevention. However, regardless of the pandemic of COVID-19, increasing dental disorders like periodontal disorders among the geriatric population have increased the demand for periodontitis treatment. Periodontitis treatment among dental diseases includes aerosol-generating procedures, including aerosol implants that can increase the chances of viral transmission. The pandemic offers an opportunity for the dental profession to shift more toward non-aerosolizing, prevention-centric approaches to care and away from surgical interventions. Direct effects of COVID-19 on oral health include periodontitis, vesiculobullous lesions, and necrotizing periodontal disease. IMPACT ON PRICE The outbreak of the coronavirus disease pandemic (COVID-19) is on the increase and is disrupting lives around the world. Lockdowns, isolation, and widespread closures are being implemented to slow the spread of the virus to millions of lives saved. Vaccination is going on at an accelerated pace so as to deal with such debilitating viral diseases. Several countries are facing a multi-layered crisis, including strains on health systems, among others. With the sudden increase in COVID-19 cases, the people's concerns for their better health have also increased, and the link between oral health and COVID-19 infection also expand the health to oral. The Asian healthcare industry heavily relies on medical devices manufactured in China, which significantly impacts costs as medical devices are not properly available. For instance, Moreover, a large number of medical devices are manufactured in different locations, and the supply of medical equipment is reduced due to restrictions on movement from one location to another. So, the costs have increased for dental devices, among other medical devices. Thus, it signifies that the COVID-19 pandemic has led to an increased price of periodontitis treatment products during the fiscal year 2019-2021. IMPACT ON DEMAND The outbreak of the coronavirus is a result of various markets around the world. It is the cause of lockdown and isolation, which ultimately has an impact on global economic activity. COVID-19 is expected to create a sharp drop for consumables and dental implants. However, due to accelerating demand, a rapid recovery is expected once the dust settles. It includes the orthopedics, cardiology, and dental product industries, among others. These factors have forced market players to strengthen further business continuity, manufacturing facilities, and the global supply chain. The rising awareness of oral hygiene amidst the COVID-19 pandemic has increased the demand for a product required for oral care. The increasing studies for SARS-COV-2 indicated that proper oral hygiene had been reported to decrease infection chances, increasing the demand for mouth care products. However, due to restrictions and aims to reduce COVID-19 transmission, 30% of respondents had visited a dentist less frequently during the pandemic. For instance, · In March 2020, Zimmer Biomet reported a significant and sudden global drop in the volumes of elective procedures. As a result, based on preliminary unaudited financial results, Zimmer Biomet estimated that revenue growth for the first quarter of 2020 would be approximately -9.5 to -10.5% on a reported basis and -8.5 to -9.5% on a constant currency basis compared to the first quarter of 2019. The company is engaged in manufacturing dental implants and dental membranes, and the closure of dental practices has impacted the overall company's sales Zimmer Biomet expects the decline in volumes of elective procedures seen in the first quarter to continue to have a significant negative impact in the second quarter of 2020. Given the continuing uncertainty, the company is currently unable to quantify the impact on its operating results, its financial situation, and its cash flows, which could be significant for 2020. The impact of COVID-19 has dramatically decreased the number of patients who go for dental procedures, including periodontitis treatment, as there is a high chance of adverse health effects of COVID-19. IMPACT ON SUPPLY Various companies are facing a large number of challenges due to the coming of the novel coronavirus. One such issue is the uncertainty surrounding the impact of COVID-19 on medical device industry supply chains. Amalgamation is expected in the dental industry. Manufacturers of large dental products can engage in small businesses. Dental firms involved in supply chain distribution can diversify by producing additional consulting firms or dental equipment and supplies. The companies are at risk, and the ability to retain independent agents and distributors who sell their products depends on a limited number of suppliers for key raw materials. Up till now, dentistry has been facing its darkest hour because of the growth and spread of the coronavirus pandemic. Dental clinics all over the U.S. have been closed for more than two months. Given that the pandemic is still on the growth curve, there is no revival hope anytime soon. It thus signifies that due to continuous lockdown and several restrictions by government authorities, the companies and patients are facing disruption of the supply chain for oral care. However, oral care is categorized under essential care, which lowers the effect of supply chain disruption during COVID-19. STRATEGIC DECISIONS OF MANUFACTURERS Collaboration, agreements, strategic initiatives, and product launches by market players will help them expand their product portfolio and provide appropriate products to the consumer. It will lead to increased product sales and, hence, will positively impact the overall company's revenue. · The COVID-19 has negatively impacted the dentistry market. According to the Health Policy Institute (HPI) March 23 survey report, except for emergency patients, 76 percent of dental practices were closed, 19 percent were completely closed, and 5 percent were open despite the decline. In the week of April 6, 79 percent of dental practices were closed, except for emergency patients, 16 percent were completely closed, and three percent were open despite a decrease in the number of patients During this time of COVID-19 challenge and disruption, Zimmer Biomet, Dentsply Sirona, among others, is adopting several steps to maintain their position in the market and continuously attain lucrative growth. For instances, · Zimmer Biomet has positioned the company to help healthcare systems, clients, and patients now. It has adopted steps to further strengthen the business continuity across its manufacturing facilities and overall supply chain, manufacturing modulation production · Dentsply Sirona has also stated that the company is closely monitoring its global manufacturing sites and raw material supply chains to avoid product delivery delays. 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Growing Support and Collaboration for Developing OTC Tests
 The growth of the OTC tests market is mainly driven by the rising prevalence of target diseases and disorders, such as diabetes and infectious diseases, both prominent ailments across the globe that require rapid and effective testing.  Growth in this market can be attributed to factors such as the increasing number of HIV-infected individuals across the globe, coupled with increasing availability and awareness about HIV OTC testing in emerging markets such as India, Brazil, and China.   The lateral flow assays segment is projected to grow at the highest rate in the market, by technology. In the past few years, the lateral flow assay POC testing market has grown significantly due to the increasing adoption of LFA testing products in-home care.   Download PDF Brochure @ https://www.marketsandmarkets.com/pdfdownloadNew.asp?id=78819178 The Asia Pacific is estimated to grow at the highest CAGR during the forecast period. The high growth in this regional segment is majorly attributed to the increasing patient population base and the growing prevalence of infectious diseases.  Key market players The key players operating in the global Over The Counter/OTC test industry are OraSure Technologies (US), Roche Diagnostics (Switzerland), and i-Health Lab (US). A majority of the leading players in the market focus on both organic and inorganic growth strategies such as collaborations, partnerships, acquisitions, and agreements to maintain and enhance their market shares in the OTC tests market.  Research Developments: 1. In 2019, SD Biosensor launched STANDARD GlucoNavii GDH for blood glucose monitoring. 2. In 2019, LabStyle Innovations entered into an agreement with Better Living Now (BLN) for the distribution of its Blood Glucose Monitoring System and the DarioEngage digital health platform. 3. In 2018, DarioHealth partners with Byram Healthcare to further expand insurance health coverage for consumers in the US. 4. In 2016, Sinocare acquired PTS Diagnostics, to strengthen its product portfolio and accelerate future growth in the diagnostic testing market. 
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Impact of COVID-19 on U.S. Shale Gas in Chemical Industry INTRODUCTION Shale gas and shale oil are defined as natural gas & oil from shale formations. Shale is a type of sedimentary rock that is made up of very small clay particles and is highly porous in nature. It is formed in deep ocean water, lagoons, wetlands, and swamps where the water is still enough for extremely fine clay and silt particles to settle to the bottom. Since shale is a porous formation, it serves as both a source and a reservoir for unconventional hydrocarbons. The extraction of oil and gas from a shale formation involves mechanical stimulation. One such technique for stimulation is hydraulic fracturing or fracking. In the fracking process, cracks in and below the Earth's surface are opened and widened by injecting water, chemicals, and sand at high pressure. 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In the year 2020, U.S. dry shale gas production was about 26 trillion cubic feet (Tcf), and equal to about 78% of total U.S. dry natural gas production. IMPACT OF COVID-19 ON U.S. SHALE INDUSTRY Shale oil and gas exploration have, in particular, given the US oil and gas industry new dimensions of development. It has also fueled significant investment in associated infrastructure for gathering, storing, and delivering hydrocarbons to both domestic and foreign markets. In less than a decade, the US shale industry turned the global energy landscape upside down and re-established the US as the global energy leader. The onset of a global pandemic and subsequent drop in oil prices, on the other hand, has taken the momentum out of the shale boom. Due to a sudden drop in demand, the shale industry has immediately self-corrected. Many oil and gas players succumbed to the economic shock resulted from the CoVID-19 and filed for bankruptcy. Chesapeake Energy, a shale leader and once second-largest gas producer in the United States, filed for Chapter 11 bankruptcy protection in late June. According to the United States Energy Information Administration (EIA), the crude-oil output from seven major shale formations in the United states fell by around 56,000 barrels per day (BPD) in August 2020 to just under 7.5 million BPD, which would be the lowest level in two years. The shale industry is closely looped in with the oil and gas industry. The recent downfall of the oil and gas industry during the pandemic has had a severe impact on shale output. Post pandemic, the shale industry peaked, but the industry as a whole lost money. Since 2010, the US shale industry has produced USD 300 billion in net negative free cash flows, damaged more than USD 450 billion in invested capital, and seen more than 190 bankruptcies. 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STRATEGIC INITIATIVES DURING COVID-19 · Organization of the Petroleum Exporting Countries (OPEC) agreed on a continuation of March production levels for the month of April, with the exception of Russia and Kazakhstan, which will be authorized to increase production by 130,000 and 20,000 barrels per day, respectively, at their most recent meeting · Saudi Arabia has also agreed to extend its one-million-barrel-per-day voluntary cut for the month of April. · Companies such as Chevron, Shell, Schlumberger, and others have taken initiatives to safeguard their workforce in the ongoing pandemic situation. CONCLUSION On Conclusion, the pandemic has placed the shale industry in a delicate spot as major players are forced to cut down the output. The potential energy landscape in the United States and around the world is highly complex, and its drivers are interconnected. 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Significant Impact of COVID-19 on PPE Kits in Healthcare Industry
COVID-19 Impact on PPE Kits in Healthcare Industry Personal protective equipment is commonly referred to as "PPE." PPE is a worn equipment which helps to minimize exposure to hazards from the workplace illnesses and injuries. These injuries may result from contact with radiological, physical, chemical, mechanical, electrical, mechanical, or other workplace hazards. PPE includes the items such as safety glasses, gloves and shoes, earplugs or muffs, respirators, or coveralls, hard hats, and full body cover suits. Choosing the right PPE helps to reduce the exposure to hazards and is essential to laboratory safety. SHORTAGE OF PERSONAL PROTECTIVE EQUIPMENT ENDANGERING HEALTH WORKERS WORLDWIDE The World Health Organization has warned that extreme and mounting disruption to the worldwide delivery of personal protective equipment (PPE) – resulting from growing demand, panic buying, hoarding, and misuse – is placing lives at chance from the brand new coronavirus and different infectious diseases. Healthcare employees rely upon private shielding systems to shield themselves from being infected. However, shortages are leaving doctors, nurses, and different frontline employees dangerously ill-prepared to take care of COVID-19 sufferers,. Industry and governments have to act speedily to reinforce delivery, ease export regulations, and positioned measures in vicinity to prevent hypothesis and hoarding. “We can’t prevent COVID-19 without defensive medical examiners first” stated WHO Director-General Dr Tedros Adhanom Ghebreyesus. IMPACT OF COVID-19 ON PERSONAL PROTECTIVE EQUIPMENT The current coronavirus disease outbreak (COVID-19) has spread worldwide. All COVID-19-affected countries throughout the world are taking containment measures and doing their utmost to combat the disease in order to prevent it from spreading further and to limit death. In the early discovery of cases, contact tracing, and treatment of patients, the public health workforce and healthcare workers in clinical settings play a critical role. In order to combat any infectious disease in a crisis, healthcare practitioners and public health workers must have access to personal protective equipment (PPE) and utilize it consistently and correctly. As the COVID-19 pandemic spreads across the globe, the demand for personal protective equipment has skyrocketed. Many nations, including India, have experienced a temporary scarcity of PPE due to the pandemic's rapid spread. The absence of personal protective equipment (PPE) has harmed the morale of healthcare workers (HCWs) and other frontline troops fighting the coronavirus epidemic, which has afflicted over 22,000 health workers in 56 nations. Some have succumbed to it in countries all over the world, including India (WHO).. Moreover, an increase in the potentially infectious patients seeking testing and care accelerates the COVID-19 pandemic all over the world. Spread of COVID infection all over the world is generating the demand for PPE kits such has like face masks, gloves, goggles, air-purifying respirators, respirators face shields, and gowns among health care employees. As a result of shortage in all kinds of PPE, developed high demand across the globe. For instance · United Nations Children's Fund plays an important role in the delivery of PPE. The fund shipped more than 653.4 million items of PPE in 140 countries. CONCLUSION The spread of the novel coronavirus has triggered significant market damage across the world. Most businesses have stopped immediately, and the effect of the pandemic has been on all industries. The towns were closed down, and social distancing has become a modern norm. Government along with the private sector can play a vital role in reviving the sector. The government is providing financing assistance for needs arising from COVID-19; the private sector can take care of large investments and expertise required in developing countries. Apart from this, strong engagement with governments and local stakeholders will continue to contribute significantly to the development of the sector. In the starting days of pandemic, drastically boots the demand of personal protective equipment all over the globe. The use of personal protective equipment “specially medical masks” has become more popular in the world and also other PPE such has gloves, face shields, gowns, googles and other items have experienced rise in the demand among essential workers and frontline health care employees. Companies are making the strategic action to increase the supply to meet the demand of personal protective equipment in the market. Government has also introduced many polices and initiatives which would help manufactures to maintain in stable growth in current dynamic situation.
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Logistik Express Jasa Pengiriman bandung Merek, Karo merupakan jasa pengiriman barang dan cargo dari Bandung ke seluruh Indonesia. Logistik Express didukung oleh team operasional lapangan yang handal, customer service profesional, serta armada darat, laut, maupun udara yang memadai. Sehingga menjadikan Logistik Express sebagai jasa kirim yang aman sampai ke alamat tujuan. Bagi customer tidak perlu khawatir akan proses booking pengiriman yang rumit, karena cukup dengan menghubungi customer service maka barang kiriman anda langsung bisa di proses oleh team kami. Logistik Express juga dilengkapi dengan tracking website, sehingga pengiriman transparan dan mudah dilacak keberadaannya oleh customer. Jasa Kirim Ke Merek, Karo dari LogistikExpress.ID temukan harga terbaik untuk pengiriman Express di tempat kami yang telah berpengalaman dan pastinya barang anda aman sampai di tempat tujuan. LogistikExpress.ID adalah Jasa Pengiriman yang melayani pengiriman ke Seluruh wilayah Indonesia Layanan Customer Service & Order : +62816267079 cek tarif pengiriman dari bandung lainnya : Ekspedisi Bandung karo Ekspedisi Bandung kayu agung Ekspedisi Bandung kebumen Ekspedisi Bandung kediri Ekspedisi Bandung kefamenanu Ekspedisi Bandung kelok sembilan Ekspedisi Bandung kendal Ekspedisi Bandung kendari Ekspedisi Bandung kepahiang Ekspedisi Bandung kepanjen Ekspedisi Bandung kerinci Ekspedisi Bandung kertajati Ekspedisi Bandung ketapang Ekspedisi Bandung kintamani Ekspedisi Bandung kintap Ekspedisi Bandung kisar utara Ekspedisi Bandung kisaran
Jasa Pengiriman Bandung Takengon,Aceh Tengah
Logistik Express Jasa Pengiriman Bandung Takengon,Aceh Tengah merupakan jasa pengiriman barang dan cargo dari Bandung ke seluruh Indonesia. Logistik Express didukung oleh team operasional lapangan yang handal, customer service profesional, serta armada darat, laut, maupun udara yang memadai. Sehingga menjadikan Logistik Express sebagai jasa kirim yang aman sampai ke alamat tujuan. Bagi customer tidak perlu khawatir akan proses booking pengiriman yang rumit, karena cukup dengan menghubungi customer service maka barang kiriman anda langsung bisa di proses oleh team kami. Logistik Express juga dilengkapi dengan tracking website, sehingga pengiriman transparan dan mudah dilacak keberadaannya oleh customer. Jasa Kirim Ke Takengon,Aceh Tengah  dari LogistikExpress.ID temukan harga terbaik untuk pengiriman Express di tempat kami yang telah berpengalaman dan pastinya barang anda aman sampai di tempat tujuan. Harga Tarif  hanya Rp9.000/Kg minimal pengiriman 100Kg Tarif Termurah Di Jasa Pengiriman Online Terbaru Dan Terupdate sampai 2021 di LogistikExpress.ID . LogistikExpress.ID adalah Jasa Pengiriman yang melayani pengiriman ke Seluruh wilayah Indonesia Layanan Customer Service & Order : +62816267079 Cek Tarif pengiriman dari Bandung lainnya : Ekspedisi Bandung sinabang Ekspedisi Bandung singaraja Ekspedisi Bandung singkawang Ekspedisi Bandung singkil Ekspedisi Bandung sinjai Ekspedisi Bandung sintang Ekspedisi Bandung sipirok Ekspedisi Bandung situbondo Ekspedisi Bandung slawi Ekspedisi Bandung sleman Ekspedisi Bandung soe Ekspedisi Bandung sofifi Ekspedisi Bandung solo Ekspedisi Bandung solok Ekspedisi Bandung soppeng Ekspedisi Bandung soreang Ekspedisi Bandung sorek Ekspedisi Bandung sorong Ekspedisi Bandung sorowako
How COVID-19 Impacted on Drone Taxi in Semiconductors & Electronics Industry ?
COVID-19 Impact on Drone Taxi in Semiconductors and Electronics Industry The spread of COVID-19 has entirely changed people’s life. COVID-19 originated in the city of Wuhan, China, in 2019 and has been continuously spreading all over the world since then. It has been spread to more than 180 countries. The U.S. tops the list, followed by India, Brazil, U.K., and others. As of 16 August 2021 WHO reported 226.24 million positive cases worldwide of which 4.65 million patient has lost their life to the virus. On a positive note, 204.59 million patients have recovered, and 5.63 billion doses have been administrated globally. The pandemic has put the lockdown, travel ban, and business shutdown in most countries, highly impacting the global economy. Due to the pandemic, major industries faced serious disruption such as a break in the supply chain, shut down offices and manufacturing units, and many more. The impact of the COVID-19 pandemic has been unprecedented on a global level. It has greatly affected the aviation industry. The drone taxi market is still in its formative stages; hence, it relies on a shared flight model to make the economics work. After COVID-19, the drone taxi industry has experienced an impressive growth trajectory. Due to the increase in road traffic, the demand for drone taxis has risen tremendously. STRATEGIC DECISION BY MANUFACTURERS AND GOVERNMENT INITIATIVES AFTER COVID-19 Post-COVID manufacturers are taking many strategic decisions to get back their original business place in the market. The companies are conducting many research and development activities to improve the technology involved in drone taxis. Thus, the companies are bringing more advanced technology to increase their market share and being recognized by the clients. For instance, · In July 2021, according to INDIA TODAY, Airbus announced the launch of its new urban mobility copter. The new copter can carry 2,310 kg, the highest take-off weight of a fully electric VTOL aircraft with a distributed drive system. The electric aircraft is 4-seater which the helicopter division of Airbus manufactures. Thus the company has successfully brought forward a flying taxi for the customers · Tecnalia, a Spanish company as launched its first Spanish uncrewed air taxi. The air taxi can carry up to 150 kilograms and travel in approximately 15 minutes urban distances of up to 15 km at around 90 km/h alternating between 100 and 300 meters. The vehicle consists of an aerodynamic cabin of 1.8 by 2 meters with a door and window and four drones placed in the upper and lower part of the ship. Thus the company has come up with the new air taxi which can provide customers with similar experience to that of a car or a bus By looking into the rising demand for drone taxis, the government is also taking different initiatives to boost the market's growth. For instance, · In December 2020, according to Intelligent Transport, The General Office of the State Council of China issued a circular to develop urban air mobility (UAM). The letter urges the development of policies and standards which will regulate the industry and encourage progress. The State Council’s circular also highlighted the potential application of firefighting UAVs. Thus the government is supporting in innovation and applications of our UAM technologies, specifically for aerial firefighting IMPACT ON DEMAND The technological developments hold a promising future for the drone taxi market whereby cities are expected to adopt next-generation transportation systems using automatic systems. Cities worldwide face transportation challenges due to the increasing road traffic, which causes major problems for mass transportation. Thus due to the increase in road traffic problems, the demand for drone taxis is increasing in the market. Also, the urban air mobility program has raised the demand for drone taxis. Many companies are developing a drone taxi and transportation hub for urban and sub-urban areas to solve this problem. For instance, · In December 2020, according to Simple Flying, Boeing, a leading company to develop electric air taxis, came up with its flying taxi. The company has developed an autonomous, multi-rotor passenger air vehicle (PAV) in the Boeing NeXt urban air mobility program. PAV is an electric vertical takeoff and landing (eVTOL) aircraft designed to lead the next generation of on-demand mobility. Thus the company has brought electric air taxis which is safe and reliable for their customers · In November 2020, German aviation start-up Lilium announced the launch of the first U.S. transportation hub for their flying taxis. The companies’ vision is to roll out a network of air taxis in various cities, with an app to hail the vehicles similarly to Uber. Their electric Lilium Jet is five-seater and speeds up to 300 kilometers per hour or 186 miles per hour. Thus the company will expand the flying taxi market in the U.S. IMPACT ON SUPPLY CHAIN Although the demand for the market has increased tremendously after the corona period, it has hampered the market's supply chain. Many electronic components like microcontrollers, chips, sensors, and others are needed to produce a drone taxi. In the lockdown, these electronic component manufacturing companies were shut, leading to the material shortage. This shortage has hampered the growth of the market. Most of the electronic component manufacturing companies are from the Asia-Pacific region. Still, due to the corona outbreak, these companies were shut down, leading to a shortage of raw materials. Also, the restriction on transportation hampers the growth of the market. CONCLUSION Post-COVID, the demand for aviation transportation has tremendously increased, leading to the growth of the market. An increase in the population has led to an increase in traffic on roads, so the demand for drone taxis is increasing to save time on road traffic. The programs live urban air mobility has also raised the demand for drone taxis. Also due to the advancement in technology the customers can have safe and reliable travel in less time than the road transport has risen its demand in the market. · Also, Uber announced their aerial ridesharing service for consumers. They said that initially, uberAIR would cost $5.73 per passenger mile, which will get the cost down to $1.86 per passenger mile before ideally getting to $0.44 per passenger mile. Thus at some point, it will be cheaper to use uberAIR Thus we can observe that the demand for drone taxis is increasing, and manufacturing companies and governments are making different decisions to expand the market.
India Plant Protein Market Experienced A Positive Growth In CAGR
The plant-based protein market in India has been recording a strong growth in recent quarters across segments such as dairy alternatives, supplement products, meat substitutes, and processed products. The growth is mainly driven by the rising purchasing power of lower and middle-income families, increasing demand for gluten-free and lactose-free products. It is expected that increasing number of youths going to gyms, fitness clubs, and growing health consciousness especially among GenZ and millennials is likely to drive the market growth in the short to medium term. With the growing fear of coronavirus infection, people are increasingly avoiding the consumption of animal products across the globe. The trend is also evident in the Indian market. Additionally, the contagion is also galvanizing the demand for herbal foods and beverages as an immunity booster. As a result, shifting consumers’ preference from animal products to plant-based protein during the ongoing pandemic is creating growth prospect for the Indian plant-protein market. The growing awareness of animal cruelty is another key driver for the plant-based products in India. The surge in social media videos showing cruelty inflicted on animals in meat and dairy industries is one of the reasons, millennials and Gen Z are shifting towards meatless meat products. The growing awareness and demand for innovative plant-based protein are creating opportunities for the ever-growing startup ecosystem in India. The plant protein market is still in a nascent stage in its development and therefore several startups are entering into space. To establish their presence in the Indian plant protein market, small businesses are moving faster and raising funds for product innovation and development. The growing sales of plant-based meat and dairy products in restaurants and foodservice channels are also supporting the market. With the rising demand, more retailers around the country are expected to introduce private label products in the market. Retailers like Reliance Fresh, D-Mart, and Big Bazaar are already providing shelf space to plant-based products from different brands including Chetran Foods. The plant protein market in India has recorded a strong growth with a CAGR of 36.1% during 2018-2020. According to ConsumerIntel360’s Q4 2020 Global Plant Protein Survey, plant protein in India is gaining traction among health-conscious consumers in recent years. Large consumer food companies are launching plant-based alternatives to cater to the changing consumers' preferences. New product developments and a rising number of product launches in this segment are changing the overall outlook of the plant protein industry. The market growth has been also fueled by the ongoing COVID – 19 pandemic. The demand for plant protein products is expected to increase significantly over the short to medium term. Plant protein industry is expected to continue to grow in India over the forecast period. It is expected to record a CAGR of 29.0% during 2021-2027. The plant protein consumption in the country will increase from US$ 568.3 million in 2020 to reach US$ 3490.0 million by 2027. Scope This research report provides in-depth analysis of plant protein industry in India, providing white space / gap analysis, product innovation, product claims analysis, and brand share analysis, competitive landscape, market size across 50+ segments. Below is the taxonomy, providing detailed scope of coverage. India Plant Protein Market Dynamics – Strategy & Innovation • Competitive Landscape Snapshot • White Space / Demand Gap Analysis by Product Category • Brand Share by Product Category • Key Innovative Launches • Insights on Market Dynamics India Plant Protein Market Size by Ingredients • Soy • Pea • Beans & Lentils • Hemp • Flaxseed, Pumpkin & Other • Brown Rice • Quinoa • Spirulina & Seaweed • Nuts • Other India Plant Protein Market Size by Product Categories • Nutrition Supplements • Protein Bars • Sports Nutrition • Meal Alternative • Dairy Alternatives • Meat Alternatives • Bakery Products • Infant Formulas • Other India Plant Protein Market Size by Functional Segments • Ready to Mix • Ready to Eat • Ready to Drink • Ready to Cook India Plant Protein Market Share Analysis by Sales Channels • Online • In-Store India Plant Protein Market Share Analysis by Type of Retail Outlet • Pharmaceutical & Medical Store • Grocery Retailers • Health and Wellness Stores • Specialist Sports Store India Plant Protein Market Size by Retail Sales Pricing • Premium • Mid-Tier • Low End India Plant Protein Market Size by Cities • Tier 1 Cities • Tier 2 Cities • Tier 3 Cities India Plant Protein Consumption by Demographics • Age • Gender • Income Key Plant Protein Brands in India (based on consumer popularity) • Borges • CAFE HOUSE • CLIF BAR • Cowvathi • Dabur • Del Monte • Dr. Berg’s • EAT Anytime • Edward & Sons • Flex Protein • GoodDot • Goodmylk • Granarolo • HealthOxide • Kapiva • Kivu • Life Roots • Mili • Mimmo Organics • Mojo Bar • MuscleBlaze • MyFitFuel • MyProtein • Naturade • Natures Velvet • Now Foods • Nusobee • Olena • Optimum Nutrition • OZiva • Pintola • Plant Power • Plix • Protinex • RiteBite - Max • Sain • Sampoorna Satwik • Similac • So Good • Sofit • Soyfit • SoyFresh • STRIVE • The Good Food Company • True Elements • True Supplements • Urban Platter • Vega • VegOChef • Wellversed • Yogabar Read full story @ https://bit.ly/3ALYkQ4
Refurbished Medical Equipment Market is Set to $21.2 billion by 2025
The growth of the global refurbished medical equipment market can be attributed to factors such as hospital budget cuts, a large inventory of used or old medical devices, rising demand for capital-intensive diagnostic imaging equipment, e-commerce platform enhancing the ease of purchase of refurbished medical equipment, growing preference for eco-friendly products, an increasing number of diagnostic centers & hospitals, and the growing opportunities in emerging economies.  However, factors such as stringent regulations on the import and use of refurbished medical devices in certain countries, lack in the standardization of policies for the use & sale of refurbished devices, increase in the influx of low-cost new medical devices, and the negative perception about the quality of refurbished medical devices are expected to restrain the market growth. Furthermore, the growth of the market is expected to be slowed temporarily due to the COVID-19 pandemic during the forecast period.  The refurbished medical equipment market is segmented into medical imaging equipment, operating room & surgical equipment, patient monitors, cardiology equipment, urology equipment, neurology equipment, intensive care equipment, endoscopy equipment, IV therapy systems, and other medical equipment.  Download PDF Brochure @ https://www.marketsandmarkets.com/pdfdownloadNew.asp?id=770 The rising demand for diagnostic imaging procedures, the high price of new medical imaging equipment, a growing number of target diseases, widening application of diagnostic imaging procedures, regulatory approvals in using refurbished medical equipment, low purchasing power in emerging economies, and established & government validated refurbishment processes adopted by major OEMs are factors expected to drive the growth of this market segment in the coming years.  The hospitals' segment accounted for the largest share of the market in 2019. The rising adoption of refurbished medical equipment, increasing focus of hospitals on providing affordable treatment and care, and growing emphasis on high returns on investment are some of the key factors driving the growth of this market.  The Asia Pacific market is estimated to grow at the highest CAGR during the forecast period. This can be attributed to the large patient pool in the region, increasing privatization in the healthcare sector, huge patient population base, and high demand for refurbished medical equipment by low-budget hospitals and clinics.  Research Developments 1. In 2020, Siemens Healthineers (Germany) and Hamilton Health Sciences (Canada) have signed a 15 years contract that can be extended by another 10 years to provide comprehensive services for the latest imaging equipment at Hamilton Health Sciences hospitals in Canada. The deal size was approximately USD 192 million. 2. In 2019, US Med-Equip (US) acquired Medical Support Products (US) to increase the capability, national expansion, and provide greater product and service solutions across the US. 3. In 2019, Avante Health Solutions opened a new Charlotte facility in North Carolina, US. This will house three business divisions of the company viz., Avante Diagnostic Imaging, Avante Oncology, and Avante Ultrasound. 4. In 2018, Koninklijke Philips (Netherlands) acquired AGITO Medical (Denmark), strengthening its refurbished medical equipment portfolio of products, parts, and services. 5. In 2017, US Med-Equip  (US), and the Owner-Research group (US) signed a partnership to augment the economy and medical equipment products and services across hospitals in the US.