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Showing posts from June, 2020

A Better Approach To Outdoor LED Display and Impact of COVID-19……..

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The global outdoor LED display market is expected to reach USD 12.43 billion by 2022, according to a new report by Grand View Research, Inc. Growing demand for wireless data connections for billboards which are ideal for high-volume pedestrian traffic zones, and customizable content availability are expected to revolutionize the digital display industry over the next seven years. The ongoing COVID-19 outbreak has adversely affected the display industry with manufacturing operations temporarily suspended across major manufacturing hubs, leading to a substantial slowdown in the production. Major manufacturers including Samsung, LG Display, and Xiaomi among others have suspended their manufacturing operations in China, India, South Korea, and European countries. In addition to having an impact on the production, the ongoing pandemic has taken a toll on the consumer demand for display integrated devices, likely exacerbated by the lockdown imposed across major countries. Uncert

Advancement in Technology Promotes Household Cooking Appliance…

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The global household cooking appliance market size is expected to reach USD 124.8 billion by 2025 , according to a new report by Grand View Research, Inc., registering a 6.5% CAGR during the forecast period. The market has witnessed a paradigm shift over the last few years, with advanced connectivity features integrated with kitchen appliances and growing emphasis on use of energy-efficient products to comply with emission norms becoming commonplace worldwide. Everything in this world is getting smarter day-by-day. Technology is able to gauge and sense human needs and learn to lend a helping hand to overcome obstacles in the matter of seconds, which would consume a lot of time if done in a conventional way. Cooking has been one thing which still requires time, although not as much as it used to; however, it is getting simpler gradually and smart household cooking appliances are here to help us accomplish just that! The global electronics devices market (including consumer ele

A Look into Medical Affairs Outsourcing Industry……Deep Analysis…..

The global medical affairs outsourcing market size is expected to reach USD 2.7 billion by 2026 , expanding at a CAGR of 10.4% over the forecast period, according to a new report by Grand View Research, Inc. Transformation in medical education and the rising number of orphan therapies and rare-disease are some of the key factors propelling the medical affairs outsourcing market growth. The pharmaceutical companies are looking for assistance to systematically position the therapeutic outcomes of these therapies in the market. According to the report published by IQVIA in 2018, the U.S. FDA approved 80 orphan indications, in 2017 and approved 57 in early 2018. With Covid-19 infections rising globally, the apprehension regarding a shortage of essential life-saving devices and other essential medical supplies in order to prevent the spread of this pandemic and provide optimum care to the infected also widens. In addition, till a pharmacological treatment is developed, ventilators act

Advancement in Technology Promotes Track And Trace Solutions…

The global track and trace solutions market size is expected to reach USD 8.2 billion by 2027 , according to a new report by Grand View Research, Inc., registering an 18.5% CAGR over the forecast period. The growth is attributed majorly due to increasing focus of pharmaceutical and biopharmaceutical companies on ensuring brand protection from counterfeit products and theft. The deployment of track and trace solutions helps manufacturers enhance distribution channel efficiency and reduces the frequency of counterfeit products. Major players catering to the demand for track and trace solutions in the market are Axway; Mettler-Toledo International, Inc.; Optel Vision; TraceLink, Inc.; Adents International; Antares Vision srl; Siemens AG; Seidenader Maschinenbau GmbH; ACG Worldwide; and Systech, Inc. There are multiple small and large manufacturers offering a host of solutions for tracking and tracing applications, resulting in intense competition among vendors. Rising adoption o

Advancement in Technology Promotes Sepsis Diagnostic…

The global sepsis diagnostic market size is expected to reach a value of USD 1.1 billion by 2027 , expanding at a CAGR of 9.4%, according to a new report by Grand View Research, Inc. High prevalence of sepsis, introduction of technologically advanced medical examination systems and increasing government initiatives is expected to propel market growth over the forecast period. The most common concern for the governments of all Covid-19 hit nations is the excruciating need to screen for and test large numbers of patients for possible Sars-Cov-2 infection. As a result, most of them are facing major shortages in the supply for diagnostic kits to test for the virus. Diagnostics virology entities are under immense pressure to provide reliable testing kits, and there is a surge in demand for in-vitro or point-of-care testing capacities by labs across a large number of countries. The report will account for Covid19 as a key market contributor. According to CDC estimates, every year mor