Patient Portal Market Outlook On The Basis Of Type, Delivery Mode, End-Use, Region And Forecast To 2030  : Grand View Research Inc.

San Francisco, 30 Nov 2022: The Report Patient Portal Market Size, Share & Trends Analysis Report By Type (Standalone, Integrated), By Delivery Mode (Web-based, Cloud-based), By End-use (Providers, Payers), By Region, And Segment Forecasts, 2022 – 2030

The global patient portal market size is expected to reach USD 11.8 billion by 2030, according to a new report by Grand View Research, Inc. The market is expected to expand at a CAGR of 19.3% from 2022 to 2030. The demand for Electronic Health Records (EHR) with a patient portal is expected to surge over the forecast period, owing to the increasing demand, favorable government funding policies, and the continual technological advancements offered by the key industrial players.

Patient portal technology has emerged due to the introduction of the HITECH 2009 Act. It has become crucial for healthcare providers to understand patient perspectives in terms of health data. Patient portal solutions offer convenient usage and better care management. The market is growing as healthcare providers and payers increasingly adopt patient-centric strategies. As healthcare continues to evolve, several businesses have adopted Patient-Centered Healthcare (PCH) programmes. Incorporating new digital technologies such as EHR and patient portals with a patient-centric strategy can offer various benefits, including increased productivity, enhanced customer experiences, and enhanced clinical outcomes. The healthcare payers and providers are utilizing the notion of consumerism to enhance their services and deliver better healthcare experiences for their users, which is expected to further propel the growth of the market.

Moreover, regulatory mandates that encourage the deployment of digital health methods have resulted in increased EHR penetration, which has supported the growth of the market. The increased acceptance of the patient portals can be attributed to government agencies’ demand for database interoperability and the convenience provided by EHRs in improving patient participation. For example, from 2007 to 2018, a study published in the Journal of Medical Internet Research evaluated the use of EHRs in Chinese and US institutions. According to the study, average adoption rates in Chinese hospitals went to 85.3 % from 18.6% between 2007 and 2018, while adoption rates in US hospitals increased to 96 % from 9.4%.

Cerner Corporation, McKesson Corporation, NXGN Management, LLC, and Allscripts are among the leading players in the market for patient portals. Leading firms are concentrating on the introduction of new products, diversification & extension of their market presence, and customer acquisition to capitalize on current business prospects. NextGen Healthcare announced the purchase of the patient experience platform Medfusion for USD 43 million in November 2019 to improve the entire experience for its healthcare customers.

The COVID-19 pandemic has exerted significant strain on healthcare organizations since the start of 2020. However, EHRs have been beneficial in overcoming these obstacles. The use of patient portals increased significantly during the pandemic. It stood as an important tool to connect patients to care providers. In May of 2020, the US federal government proposed the Federal Health IT Strategic Plan 2020–2025 mandating the use of EHR by healthcare providers. Consequently, the increasing adoption of the patient-centric approach, the rising investments in healthcare IT infrastructure, and the rising adoption of EHRs are augmenting the growth of the market.

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Patient Portal Market Report Highlights

  • The integrated patient portals segment is projected to witness lucrative growth in 2021 due to the rapid transition of providers from their previous methods to EHRs
  • Web-based patient portals dominated the market in 2021 in terms of market share due to improved efficiency, affordability, and convenient user interface
  • Cloud-based portals, on the other hand, are anticipated to witness the fastest growth rate in the forthcoming years
  • In terms of end-use, the providers segment held a majority of the market share in 2021. It is also expected to be the fastest-growing segment over the forecast period
  • North America dominated the overall market in 2021 due to the technological advancements and implementation of healthcare IT in the region. The Asia Pacific is expected to be the fastest-growing segment in the forecast period.
  • In March 2021, TrueCare launches the MyChart patient portal to help patients easily access and manage their health information

List of Key Players in the Patient Portal Market

  • Allscripts Healthcare Solutions, Inc.,
  • Athenahealth, Inc.
  • Epic Systems Corporation
  • McKesson Corporation
  • Cerner Corporation
  • GE Healthcare
  • Medfusion Inc.
  • NextGen Healthcare Information Systems

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Liquid Crystal Polymer Films And Laminates Market Segment Analysis By Product, Application, Region And Forecast Till  2028 : Grand View Research Inc.

San Francisco, 29 Nov 2022: The Report Liquid Crystal Polymer Films And Laminates Market Size, Share & Trends Analysis Report, By Product (Films & Laminates), By Application (Electrical & Electronics, Packaging), By Region and Segment Forecasts, 2022 – 2030

The global liquid crystal polymer films and laminates market is expected to reach USD 271.7 million by 2030, according to a new study by Grand View Research, Inc. The market is expected to expand at a CAGR of 7.1% from 2022 to 2030. The increasing global demand for wearable devices coupled with the increasing use of LCP films as an alternative to polyimide films is expected to drive the global market over the forecast period.

Liquid crystal polymer exhibits a highly ordered structure in both the molten and solid states. Due to its superior strength in extreme temperature conditions and its ability to withstand virtually all chemicals, burns, weathering, and radiation, it is widely used as an alternative for various materials such as metals, composites, ceramics, and plastics.

The LCP Films segment was the largest product segment in 2021, driven by the increasing demand from various application industries, especially the electrical and electronics industry, and the automotive industry. The expanding global automotive industry is expected to further fuel the demand for LCP films and laminates during the forecast period.

Traditionally, polyimide films have been the common substrates used to fabricate flexible circuits that meet the needs of complex electronic assemblies. Liquid crystal polymer, unlike polyimide, is a thermally stable polymer that exhibits an extremely high upper service temperature along with non-halogen flame-retardant properties. LCP-based films have strong moisture repellant properties, a lower dielectric constant, and a dissipation factor over the operating frequency range.

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Liquid Crystal Polymer Films And Laminates Market Report Highlights

  • LCP films segment dominated the market in 2021 b capturing 67.2% of the product market share due to their wide usage in end-use industries.
  • The automotive application of LCP films & laminates is anticipated to grow at the fastest pace due to their growing application in electric vehicles.
  • Electrical & electronics is the largest application segment in the global LCP films & laminates market in 2021 and is also anticipated to dominate the market through the forecast period.
  • In terms of revenue, the Asia Pacific region dominated the overall liquid crystal polymer films & laminates market and is projected to expand at a healthy growth rate over the forecast period. Increasing demand from various application industries in the Asia Pacific region particularly in China, Taiwan, and India is likely to drive market growth at a faster pace.

List of Key Players in Liquid Crystal Polymer Films And Laminates Market

  • Murata Manufacturing Co., Ltd.
  • Azotek Co., Ltd.
  • Panasonic Corp.
  • Furukawa Electric Co., Ltd.
  • Rogers Corporation
  • Kuraray Co., Ltd.

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Dental X-ray Market In-Depth Research On Basis By Product, Type, Application, End-User Region And Forecast To 2030 : Grand View Research Inc.

San Francisco, 29 Nov 2022: The Report Dental X-ray Market Size, Share & Trends Analysis Report By Product (Analog, Digital), By Type (Intraoral, Extraoral), By Application (Medical, Cosmetic Dentistry, Forensic), By Region, And Segment Forecasts, 2022 – 2030

The global dental x-ray market size is expected to reach USD 5.3 billion by 2030, according to a new report by Grand View Research, Inc. The market is expected to register a CAGR of 8.7% from 2022 to 2030. The increasing prevalence of oral diseases and the rising geriatric population are some of the factors that have led to the growth of the market.

Dental x-ray systems are useful in detecting and recording areas of decay that are undetectable by oral examination, especially minor areas of decay present between teeth. The rising prevalence of periodontitis is also accelerating the demand for these instruments. According to the CDC, 47.2% of adults, over the age of 30 have periodontal disease in the U.S., which is more common in men than women since males are more prone to smoking and other disorders such as diabetes. Early detection of dental disorders such as periodontitis, tooth decay, and tumor or cyst, allows them to be treated while they are still in the early stages, potentially saving money.

The COVID-19 pandemic has significantly affected the market for dental X-rays. Due to lockdown and global restrictions being imposed in most of the countries initially, many dental treatments and procedures were halted. The COVID-19 pandemic has caused a huge disruption in the supply chain of the overall medical industry. The outbreak had resulted in a decrease in the number of dental procedures performed each year, resulting in an overall decline in the market.

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Dental X-ray Market Report Highlights

  • By product, analog radiographs held the largest market share in 2021 as they are easier to use compared to digital systems
  • Based on type, intraoral x-ray imaging held the largest share in 2021 as it is the most widely used diagnostic method in the field of dentistry
  • The medical application segment held the largest share in 2021 due to its increasing use in the diagnosis and treatment of diseases of the oral cavity, which includes gums, bone, teeth, and other oral tissues
  • In North America, the U.S. held the largest revenue share in 2021 as the country is witnessing a gradual shift toward the incorporation of digital imaging systems
  • The Asia Pacific is expected to be the fastest-growing regional market over the forecast period owing to the presence of densely populated countries, such as China and India

List of Key Players in the Dental X-ray Market

  • Dentsply Sirona
  • Planmeca OY
  • Dentsply Sirona
  • Danaher Corporation
  • Institute Straumann
  • Zimmer Bioment Holdings
  • 3M Company
  • A-Dec
  • Align Technology Inc,
  • Biolase Inc.

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In Vitro Diagnostics Market Segment Analysis By Product, Technology, Application, End-Use, Test Location, Region And Forecast Till  2030 : Grand View Research Inc.

San Francisco, 24 Nov 2022: The Report In Vitro Diagnostics Market Size, Share & Trends Analysis Report By Product (Reagents, Services), By Test Location (PoC, Homecare), By End-use (Hospitals, Laboratory), By Application, By Technology, And Segment Forecasts, 2022 – 2030

The global in vitro diagnostics market size is expected to reach USD 113.38 billion by 2030, according to a new report by Grand View Research, Inc. It is estimated to register a CAGR of 0.2% over the forecast period driven by the increasing geriatric population, COVID-19 pandemic, and technological advancements in diagnostics that are supporting its adoption. Technological advancements in terms of portability, accuracy, and cost-effectiveness are projected to be one of the high-impact rendering drivers. Technological advancements were further accelerated by the launch of COVID-19 IVD diagnostics and enhanced the adoption of instruments and consumables for technologies, such as PCR. Competitors in the market are increasingly adopting agreement and partnership strategies to maintain a constant flow of business for manufacturers & diagnostics for users.

These agreements are also a result of the harsh price containment strategies for government laboratories, which lowers the price in government settings. For instance, in April 2021, the Italian subsidiary of Seegene, Inc. received a USD 108.25 million tenders for public procurement for the supply of extraction reagents, as well as 7.15 million SARS-CoV-2 diagnostic tests. However, it increases the multiparty nature and complexity of the supply chain. The high prevalence of cancer and Cardiovascular Diseases (CVDs) globally is anticipated to drive diagnostic innovation to facilitate early diagnosis and meet the constantly evolving needs of consumers. Novel technologies, such as plasmonic PCR, are anticipated to commercially enter the market during the forecast period, influencing the business of existing products adversely.

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In Vitro Diagnostics Market Report Highlights

  • Molecular diagnostics is anticipated to grow at the fastest CAGR from 2022 to 2030 owing to the rising adoption and usage rate
  • Reagents held the largest market share owing to the surge in demand for genetic testing and enhanced availability of technologically advanced diagnostic tests in lower and middle-income countries with unmet clinical needs
  • The infectious diseases application segment held the largest market share owing to the large volume of testing for infectious diseases globally
  • North America dominated the global market in 2021 owing to the high demand for novel technologies, a large pool of key players, high prevalence of diseases, and advanced healthcare infrastructure

List of Key Players in In Vitro Diagnostics Market

  • Abbott
  • Bio-Rad Laboratories, Inc.
  • Quest Diagnostics
  • bioMérieux SA
  • QIAGEN
  • Sysmex Corp.
  • Agilent Technologies

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Healthcare Predictive Analytics Market Focusing On The Basis Of Application, End-Use, Region And Forecast 2030 : Grand View Research Inc.

San Francisco, 24 Nov 2022: The Report Healthcare Predictive Analytics Market Size, Share & Trends Analysis Report By End-use (Payers, Providers), By Application (Clinical, Financial Management), By Region (Europe, North America, Asia Pacific), And Segment Forecasts, 2022 – 2030

The global healthcare predictive analytics market size is expected to reach USD 67.25 billion by 2030, registering a CAGR of 24.5% over the forecast period, according to a new report by Grand View Research, Inc. The rising burden of chronic diseases on a global level coupled with the increasing cost of healthcare are the key factors driving the market for healthcare predictive analytics and is resulting in wider adoption rates of the same across the globe. With the increasing adoption of telehealth and other consultation methods, the adoption of EHRs has led to enormous patient data in the past few years. This can be leveraged by the healthcare IT companies for predictive analytics for risk management, disease management, understanding of disease spread & trajectory as well as in delivering proper medical care to the patient for the best outcomes.

All of these factors have been driving the global market growth. An increase in healthcare expenditure in developed and developing countries due to a rise in the number of chronic diseases will also support market growth. In the Europe region, the healthcare expenditure as a percentage of GDP in 2019 was 9.92%. Technological advancements as well as rapid generation of patient data, more so during the COVID-19 pandemic due to teleconsultations, EHRs, etc. have made it possible to analyze data and derive meaningful results, which are oriented towards better patient outcomes. The healthcare predictive analytics tools not only help reduce costs & assist the care providers to decide on the best treatment plans but also significantly reduce the risk of fraudulent claims made to recover money from insurance companies.

Annually, trillions of U.S. dollars’ worth of false insurance claims are made. For providers, predictive analytics has been a key to reducing costs significantly. The above-mentioned factors contribute significantly to the growth of the market. The financial application of predictive analytics is the largest in the segment owing to the massive amounts of money that can be saved by deploying these predictive tools in day-to-day work. The frauds alone when detected can be averted and result in trillions of dollars saved, moreover unnecessary tests and medication can be avoided with the help of predictive analytics, which can help determine the best treatment plans and evidence-based medicine or personalized medicines for the treatment of the disease.

A trial conducted studied the financial implications of continuous monitoring in patients with opioid-induced respiratory depression, the study found that a median hospital could save up to $535,531 annually, and can shorten the cumulative stay by 103 days. The payers had the majority share of the end-use segment, comprising insurance companies who assess risk related to false claims as well as the high cost of treatments that are a concern for the providers. Adoption of predictive analytics tools for cost reduction as well as for saving money by detecting frauds in insurance claims is a major factor driving the growth of the segment. The providers are the fastest-growing category owing to the reduction in the cost of treatments and wider adoption rates among both private as well as government-affiliated providers.

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Healthcare Predictive Analytics Market Report Highlights

  • The financial application segment accounted for the largest market share in 2021 due to the need to curb fraudulent insurance claims. Population health management is estimated to be the fastest-growing application segment from 2022 to 2030
  • North America led the market share in 2021 due to ever-improving healthcare infrastructure and advancements in technology and IT
  • Healthcare predictive analytics has played a major role in saving the region in terms of high-end fraudulent insurance claims as well as providing the best possible treatments on a personalized level for reaching optimum patient outcomes This has been a key driving force for the market
  • Asia Pacific is estimated to be the fastest-growing regional market from 2022 to 2030 due to the rapidly advancing healthcare sector, increasing expenditure, and overall improvement & adoption in healthcare IT
  • The COVID-19 pandemic had an adverse impact on how healthcare predictive analysis was looked at
  • Various studies on the virus that caused the outbreak could be studied due to the massive amount of patient data that was generated during the pandemic
  • This has been seen as an opportunity for the market. Healthcare predictive analytics tools for personalized treatment plans for each patient as well as reduced treatment costs are primary factors driving the market

List of Key Players of Healthcare Predictive Analytics Market

  • IBM
  • Cerner Corp.
  • Verisk Analytics, Inc.
  • McKesson Corp.
  • SAS
  • Oracle
  • Allscripts
  • Optum, Inc.
  • MedeAnalytics, Inc.

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Advanced Composites Market In-Depth Research On Basis Of Product, Application, Region And Forecast To 2030  : Grand View Research Inc.

San Francisco, 24 Nov 2022: The Report Advanced Composites Market Size, Share & Trends Analysis Report By Product (Aramid, Carbon, Glass), By Application (Aerospace & Defense, Automotive, Construction, Sporting Goods, Wind Energy), By Region, And Segment Forecasts, 2022 – 2030

The global advanced composites market size is expected to reach USD 70.2 billion by 2030, as per a new report by Grand View Research Inc. The market is expected to expand at a CAGR of 9.2% from 2022 to 2030. Growing demand for the products in the wind energy sector and aerospace and defense industry is expected to drive the market growth over the forecasted period. The market is growing at a notable pace owing to the rising penetration of carbon and glass fiber composites in the aerospace and defense industry and industries such as renewable power generation, healthcare, and electronics. Moreover, industrialization in emerging markets such as China, India, and Japan further propel the growth of the market.

Carbon fibers composites are likely to grow significantly due to a drop in their prices. Moreover, the use of carbon fiber is gaining traction owing to its benefits such as high strength and lightweight. The demand in the aerospace industry and wind turbine manufacturing is expected to grow owing to the increasing air passenger traffic and installations of wind energy plants across the globe. The market is highly regulated owing to the critical nature of its application. Manufacturers are focused on obtaining certifications from The American Society of Testing Materials, Safety Glass Directives of EU, and U.S. Clean Air Act to abide by the regulations. Stringent regulations have resulted in high setup costs, which in turn, is limiting the market growth.

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Advanced Composites Market Report Highlights 

  • The aerospace and defense application segment accounted for a revenue share of over 40% in 2021. Growing air passenger traffic and the resultant surge in the manufacturing of airplanes in North America and Europe are expected to drive the market
  • The glass composites segment accounted for over 27.0% of the total market in 2021. The growing application scope of the product in the automotive, sporting goods, and wind industries is expected to drive the market
  • The wind energy application segment is expected to witness a CAGR of 8.6% from 2021 to 2030. The increasing utilization of glass and carbon advanced composites coupled with rapid wind turbine industry growth is expected to bolster market growth over the forecast period
  • The growing application of aramid composites in the defense sector is expected to aid market growth. The characteristics like lightweight and high strength and the rising geopolitical instability are expected to bolster the defense sector which in turn will aid market growth
  • North America accounted for approximately 38.0% of the total market in terms of revenue in 2021. The presence of the leading aerospace manufacturer, The Boeing Company is expected to be a key aspect of market growth over the forecast period 

List of Key Players of Advanced Composites Market

  • Toray Industries, Inc.
  • Koninklijke Ten Cate NV
  • Teijin Limited
  • Hexcel Corporation
  • SGL Group
  • Cytec Solvay Group
  • Owens Corning
  • I. Dupont De Nemours and Company
  • Huntsman Corporation
  • Momentive Performance Materials Inc.
  • WS Atkins plc
  • AGY Holdings Corp.
  • Formosa Plastics Corporation
  • Plasan Carbon Composites
  • Strata Manufacturing

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High Performance Fibers Market Segmented On The Basis Of Product, Application, Region And Forecast 2030: Grand View Research Inc.

San Francisco, 24 Nov 2022: The Report High Performance Fibers Market Size, Share & Trends Analysis Report By Product (PBI, Carbon, Aramid), By Application (Aerospace & Defense, Construction & Building), By Region, And Segment Forecasts, 2022 – 2030

The global high performance fibers market size is expected to reach USD 25.32 billion by 2030, according to a new report by Grand View Research, Inc. High strength to weight ratio coupled with rigidity offered to the aerospace and automotive components by these fibers is projected to drive the market. Technologically, the key factor is the level of fiber properties that can be controlled in this product through modifications in polymer composition, the molecular weight of the polymer, ingredients choice, and method of fiber formation. However, from the business point of view, the critical factors are high manufacturing costs, initial investment, and limited monomer supply. The drive to increase fuel efficiency and aerodynamics performance of aircraft is encouraging the manufacturers to replace traditional metal alloys with composite materials in the manufacturing of primary and secondary parts of aircraft.

Also, the incorporation of these fibers in aerospace components offers excellent flexibility and damage resistance to the same. Strong regulations imposed by the various government bodies to reduce CO2 emissions are also among the key factors responsible for the high usage of lightweight materials in aerospace and automotive applications. These regulations are forcing OEMs to seek for alternatives to reduce emissions and increase fuel efficiency. The economic viability of ultra-high-performance fiber-reinforced concrete in pre-stressed concrete wind towers and other commercial buildings is being tested. The carbon-reinforced composites are also being made technologically advanced with the view of making them economically viable, which would result in reduced production cost and increased profit margin.

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High Performance Fibers Market Report Highlights

  • The global market is expected to grow significantly during the forecast years due to the rising application scope in the aerospace & defense industries
  • Aramid fiber was the largest product segment in 2021 and is estimated to remain dominant over the forecast years owing to superior product properties, such as high strength and thermal & chemical resistance
  • The aerospace & defense application held a considerable share in 2021 and is anticipated to witness the fastest CAGR over the forecast period due to high penetration in the manufacturing of aerospace components
  • The market in Asia Pacific is projected to witness the fastest growth rate over the forecast years due to the growing infrastructure development and construction activities in the region

List of Key Players in High Performance Fibers Market

  • Toray Industries, Inc.
  • Dupont
  • Teijin Limited
  • Toyobo Co. Ltd
  • DSM
  • Kermel S.A.
  • Kolon Industries, Inc.
  • Huvis Corp.

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Specialty Silica Market Outlook On The Basis Of Product, Application, And Region And Forecast From 2022 to 2030: Grand View Research Inc.

San Francisco, 24 Nov 2022: The Report Specialty Silica Market Size, Share & Trends Analysis Report By Product (Precipitated Silica, Fumed Silica, Silica Gel), By Application (Rubber, Agrochemicals, Food), By Region, And Segment Forecasts, 2022 – 2030

The global specialty silica market size is expected to reach USD 10.1 billion by 2030, according to a new report by Grand View Research, Inc. The market is expected to expand at a CAGR of 7.1% from 2022 to 2030. The increasing investments in the construction and infrastructure industry are expected to propel the demand for paints and coatings, and eventually benefit the product demand over the coming years. Governments across the world are trying to provide affordable houses to their citizens, which is expected to propel the demand for paint and coatings across the forecast period. For instance, in October 2021, the government of Israel announced a USD 5 billion housing plan from 2022 to 2025. The government is expected to start the construction of 280,000 homes over the next 4 years.

Specialty silica is widely used as a key additive in various applications. Ascending product demand from various applications including rubber, food, paints and coatings, and abrasives are expected to drive the market over the forecast period. There is an increasing demand for higher performance and specialized products in application industries such as rubber, where precipitated silica continues to play a key role as a performance additive that imparts increased wear resistance and wet grip capabilities to automotive and industrial tires. Based on product, the precipitated silica segment held the largest revenue share in 2021, and this trend is expected to continue across the forecast period.

Precipitated silica offers superior abrasion resistance, tensile strength, and flex fatigue properties, which enables its application in the rubber manufacturing industry. The growth of the tire market is anticipated to have a positive influence on the demand for specialty silica over the forecast period. Based on region, Asia Pacific held the largest revenue share in 2021. The growing electric vehicle industry coupled with increased construction spending by developing countries such as India and China is expected to augment the market growth. Increasing population, growing urbanization, and rising average disposable income are factors expected to propel the demand for paints and coatings in China, India, Indonesia, and Vietnam, which in turn are anticipated to benefit market growth.

Mergers and acquisitions and capacity expansions are strategies being carried out by key market players in the industry. For instance, In October 2021, DSL Japan, a joint venture of Shionogi and Evonik announced that they have opened a new production line for specialty silica at Ako, Japan. The new production unit is expected to cater to the demand arising from various industries such as automotive, food, and agriculture.

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Specialty Silica Market Report Highlights

  • Based on product, the fused silica segment is anticipated to register a CAGR of 7.6%, in terms of revenue, from 2022 to 2030. The rising demand for semiconductors and UV light sanitation is propelling the product demand
  • Based on application, the rubber segment is expected to witness a CAGR of 8.0%, in terms of revenue, across the forecast period. This growth is attributable to increasing investments in fuel-efficient tiers and the rising demand for footwear
  • Based on region, North America is expected to register a CAGR of 6.9%, in terms of revenue, over the forecast period. Factors such as the growing EV industry, a significant rise in the number of R&D projects, and rapid technological developments are expected to boost the demand for specialty silica in the region
  • Based on product, the fumed silica segment is expected to register a growth rate of 6.8% in terms of revenue. The demand for fumed silica can be attributed to its use as a thickening agent and an anticaking agent in powders

List of Key Players of Specialty Silica Market

  • Elkem
  • Evonik Industries AG
  • Madhu Silica Pvt. Ltd.
  • Nouryon
  • Oriental Silicas Corporation
  • PPG Industries, Inc.
  • PQ Corporation
  • Sinosi Group Corporation
  • Solvay
  • Tosoh Corporation
  • Wacker Chemie AG
  • R. Grace & Co.

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Hereditary Testing Market Trends Analysis Report By Product, Technology, Application, Regional And Forecast To 2030 : Grand View Research Inc.

San Francisco, 23 Nov 2022: The Report Hereditary Testing Market Size, Share & Trends Analysis Report By Disease Type (Hereditary Cancer Testing, Hereditary Non-cancer Testing), By Technology, By Region (North America, Europe, APAC, LATAM, MEA), And Segment Forecasts, 2022 – 2030

The global hereditary testing market size is expected to reach USD 13.6 billion by 2030, according to a new report by Grand View Research, Inc. It is expected to expand at a CAGR of 9.2% from 2022 to 2030. Key factors driving the market are the declining cost of sequencing and the availability of genetic tests at a lower price. Furthermore, the availability of niche and fragmented point solutions across the genomics value chain, namely sequencing, analytics, interpretation, aggregation, and marketplace, is anticipated to propel the market growth over the forecast period.

The advent of direct-to-consumer genetics is anticipated to play a major role in the genetic testing market by enabling individuals to carry out self-testing. This expands the role of genetic counselors, which further aids in understanding the importance of genetic tests and helps in the selection of appropriate tests. A growing number of registered genetic counselors is anticipated to boost the adoption of hereditary genetic tests in the coming years.

Another important market trend is the growing field of reproductive genetic health. For instance, Natera has seen a consistent increase in test numbers in hereditary illnesses genetic analysis for women’s health. This indicates a rise in public acceptance of hereditary testing, which is fueling the market expansion. A rise in the trade of newborn screening equipment has corresponded with a rise in the trade of DNA experiment equipment. Progressing the sharpness of newborn screening all over the world is also assisting in earnings increase. A multigene board trial was formed for introducing genetic melanoma into the clinical application, which has been prompted by changes in genetic experimentation standards. The growing generative hereditary health scope is one of the most important key factors driving the market.

The COVID-19 pandemic had a detrimental impact on the market. For example, after the World Health Organization declared COVID-19 a pandemic, governments all around the world used lockdowns to compel social distancing as a prophylactic measure. In every industry, this resulted in upheaval, constraints, challenges, and adjustments. Similarly, the outbreak has a negative impact on the inherited genetic analysis sector.

Technology developers are introducing advanced products to enhance the efficiency of genetic tests by diagnostic companies. For example, in December 2020, the QuantiFERON SARS-CoV-2 RUO solution was introduced by QIAGEN, a business that provides technologies and products for pre-analytical samples and related molecular test solutions. The solution detects immune system T-cell responses to the infection that causes COVID-19. The solution would give precise information on illness development and immunity levels.

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Hereditary Testing Market Report Highlights

  • The hereditary cancer testing disease type segment is expected to expand at a considerable rate over the forecast period. A substantial number of CLIA-certified laboratories perform tests to determine whether an individual carries an inherited mutated gene that can cause cancer
  • The breast cancer testing segment dominated the hereditary cancer testing market in 2021 owing to its high penetration and increased inheritability. Most of the cases of cervical cancer are non-hereditary, resulting in the lowest revenue share of this segment
  • In the hereditary non-cancer testing disease type segment, the cardiac diseases segment is driven by the emergence of high-throughput sequencing, which has resulted in the commercial availability of a significant number of sequencing assays for cardiomyopathies
  • The Non-invasive Prenatal Testing(NIPT) and cancer screening tests segment and the newborn genetic screening segment continue to witness lucrative growth due to the increased adoption across the globe
  • Moreover, the newborn screening program has been made mandatory in several regions and countries, resulting in the growth of newborn genetic screening in the hereditary non-cancer testing disease type segment
  • Europe and North America collectively accounted for over 65.0% share of the overall revenue in 2021 owing to the assisted reproductive technology space, coupled with the high penetration of newborn genetic screening
  • Key companies are engaged in securing regulatory approval in emerging countries to expand their business footprint. A substantial number of diagnostic companies have collaborated with technology developers to obtain technology licenses and deliver high-value services to their customers

List of Key Players in Hereditary Testing Market

  • Myriad Genetics, Inc.
  • Invitae Corporation
  • Illumina, Inc.
  • Natera, Inc.
  • Laboratory Corporation of America Holdings
  • Hoffmann-La Roche Ltd.
  • Quest Diagnostics Incorporated
  • CooperSurgical, Inc.
  • Agilent Technologies, Inc.
  • Thermo Fisher Scientific, Inc.
  • Twist Bioscience
  • Sophia Genetics
  • Fulgent Genetics, Inc.
  • MedGenome
  • CENTOGENE N.V.

Access Press Release of Hereditary Testing Market @ https://www.grandviewresearch.com/press-release/global-hereditary-testing-market

Protein Purification And Isolation Market Segment Analysis By Product, Technology, Application, End-Use, Region And Forecast Till  2030: : Grand View Research Inc.

San Francisco, 22 Nov 2022: The Report Protein Purification And Isolation Market Size, Share & Trends Analysis Report By Product (Instruments, Consumables), By Technology, By Application, By End Use, By Region, And Segment Forecasts, 2022 – 2030

The global protein purification and isolation market size is expected to reach USD 19.1 billion by 2030, according to a new report by Grand View Research, Inc. It is expected to expand at a CAGR of 10.6% from 2022 to 2030. Technological advancements and investments for the development of structure-based drugs by both private and public research organizations are driving the demand for protein purification and isolation products.

Furthermore, factors including the increased requirement to categorize R&D in the pharmaceutical, novel protein-based medicinal compounds, and biotechnological segments are contributing to the growth of the market. Many elements contribute to the market growth including increasing funding for research and development from both commercial and public research bodies, as well as expanded research-based on structure-based drug plans. High purifying device costs and a scarcity of experienced specialists, on the other hand, are stifling the market’s expansion. As the demand for protein therapeutics and novel legends for the drug development process rises, the market will experience opportunities.

Another major driver in the market is the growing need to accurately discover novel ligands and produce quick purification kits. The increasing desire for technologically better techniques is pushing up the demand for trustworthy identification of various new protein molecules and purification and separation of functional proteins with minimal contaminants. Rapid purification kits are required to shorten purification and isolation time while preserving efficacy. Because affinity tags allow for successful purification in one step, they are commonly used for protein isolation and purification. Body proteins are isolated in less than 60 minutes with ProteoSpin Inclusion Body Protein Isolation Kits. During the forecast period, these are the reasons that would drive the market.

The unanticipated COVID-19 pandemic caused the establishment of global lockdown rules, causing delays in protein purification and isolation import and export. The pandemic also reduced the availability of funds from private investors and governments worldwide. The disruption in the process during the pandemic had a severe impact on the market, but increased government investment in research and development is allowing the business to recover, and the market is likely to rise over the forecast period.

Access Research Report of Protein Purification And Isolation Market https://www.grandviewresearch.com/industry-analysis/protein-purification-isolation-market

Protein Purification And Isolation Market Report Highlights

  • Based on product, the consumables segment dominated the market with a revenue share of over 60.0% in 2021 and is expected to witness significant growth over the forecast period pertaining to the high usage in cell lysis and increased commercialization of advanced resins
  • On the basis of technology, chromatography emerged as the leading segment in 2021 with a revenue share of over 25.0% owing to the availability of a varied range of products, enhanced results for complex protein purification, and high reliability
  • By application, the drug screening segment is estimated to be the fastest-growing application segment over the forecast period owing to factors such as high efficacy and increasing R&D investments by manufacturers for the screening of novel drugs
  • In terms of end-use, the hospitals segment is projected to exhibit the fastest growth rate over the forecast period. This is attributed to the increasing adoption of protein purification techniques
  • North America dominated the global market in 2021 with a revenue share of over 45.0% owing to factors such as established research infrastructure, the presence of major players, and technological advancements in the region
  • Asia Pacific is estimated to register the highest CAGR over the forecast period due to the increasing economic stability, a growing number of CROs, and R&D activities in academic and research institutes
  • Market players are adopting strategies such as the expansion of product portfolios through R&D initiatives, mergers, acquisitions, and strategic collaborations to further strengthen their position in the market

List of Key Players of Protein Purification And Isolation Market

  • Merck KGaA
  • Thermo Fischer Scientific, Inc.
  • GE Healthcare Life Sciences
  • Qiagen N.V.
  • Sigma-Aldrich Corporation
  • Agilent Technologies
  • Bio-Rad Laboratories, Inc.
  • Promega Corporation
  • Abcam
  • Norgen Biotek Corporation

Access Press Release of Protein Purification And Isolation Market @ https://www.grandviewresearch.com/press-release/global-protein-purification-isolation-market

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