Category: News

Bolster Clinical Diagnostic Market Growth – High Prevalence of Chronic Illnesses Worldwide

The global clinical diagnostic market is expected to develop significantly over the forecast period due to the increasing prevalence of chronic illnesses worldwide. The spike in the number of chronic illnesses and the growing necessity for vital health care services to detect them at an early stage has broadened the range of diagnostic developments. Governments in numerous countries are launching a variety of projects to raise awareness about early cancer detection in order to reduce cancer-related deaths. As a result of these improvements, the global clinical diagnostic market will have enormous growth prospects.

Clinical diagnostic tests are essential for illness detection, treatment, monitoring, and management. As a result, healthcare providers can provide the patient with appropriate treatment. Such tests can also aid in the early detection of the condition. Such aspects are likely to boost the sales of clinical diagnostic market during the forecast period.

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COVID-19 Pandemic Had Positive Impact on Clinical Diagnostic Market

Though the COVID-19 outbreak hampered the expansion of certain markets, it boosted the demand for clinical diagnostic equipment. Diagnostic tools such as DNA thermal cycles, blood chemistry analyzers, assay kits, and others were widely employed for coronavirus identification in mucus and blood samples. During the outbreak, these factors boosted the growth of the global clinical diagnostic market.

Clinical diagnostic tools are being used in a variety of medical testing areas, including blood gas testing, coagulation testing, hematology testing, molecular diagnostics, and tissue diagnostics. This is expected to drive the global clinical diagnostic market during the projected period.

Furthermore, increased focus on the implementation of advanced nanotechnology, assuring more accurate and exact findings with clinical diagnostic equipment, is expected to accelerate the expansion of the global clinical diagnostic market during the forecast period.

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New solar modules power greenhouses to run on their own energy

For photosynthesis, plants use light waves from only a portion of the spectrum, the remainder of which can be recovered and used to generate solar power. This is the idea used by solar modules developed by EPFL startup Voltiris.

With encouraging preliminary results, a pilot installation of the solar module recently set up in Graubunden.

In the cold climes of Switzerland, cultivating tomatoes, cucumbers, peppers and other heat and light-intensive vegetables requires a greenhouse – but it consumes huge amount of energy. Farmers need to balance crop yield and economics with environmental factors. By numbers, it costs more than 1.5 million CHF a year to heat a greenhouse of 5 hectare. “And CO2 emission from a greenhouse of this size is the same as that from 2,000 people.”

In order to address this, The Swiss association of fruit & vegetable growers has set a target to eliminate all hydrocarbon-based energy from its farming operations by 2040.

Importantly, the system developed by Voltiris can serve to be valuable to attain this goal. The technology of the system is based on the fact that plants don’t use the complete spectrum of sunlight, the remaining spectrum can be concentrated on photovoltaic cells to produce solar power.

In terms of structural specification, Voltiris’ system is lightweight and is designed to follow the sun’s course across the sky to record daily yield at par with traditional solar panels. The first batch of vegetables cultivated using Voltiris system were harvested from pilot test of the system at two greenhouses at Valais and Graubunden.

In fact, sunlight is essential not only for growing crops, but also phototropism. But plants are selective about the portion of the spectrum which is used, relying on blue and red light.

Breast Pads Market to Profit from Increased Awareness Among Worldwide Population

The global breast pads market is expected to rise at an incredible rate, owing to increased awareness of the benefits of using breast pads among the worldwide population. Such products help pregnant women cope with leaking issues that arise while breastfeeding.

Furthermore, rising women’s employment rates worldwide have increased the demand for widely available baby care products like breast pads. The global growth in the number of working women has led to a rise in the number of dual-income households. As a consequence, average family income has increased, which is projected to boost the development of the global infant care products industry, which also comprises the global breast pads market. Moreover, e-commerce companies have created lucrative solutions that reduce the inconveniences of changing pads on a regular basis, providing comfort to working mothers. Such aspects are projected to raise the sales of breast pads market in the coming years. 

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Breast Pads Market Remained Unaffected Amid COVID-19 Crisis

The COVID-19 pandemic had a positive impact on the global breast pads market. The birth rate is expected to climb as a result of the outbreak. For example, researchers from the University of Michigan anticipate a rise in births as a result of the outbreak. As a consequence, the global breast pads market is expected to expand significantly. The outbreak of COVID-19 had no major effect on the global breast pads market, and the market is projected to witness considerable growth following the pandemic. Furthermore, several businesses launched campaigns and published new standards to encourage breast milk at this time. Medela AG, for example, did a study on the impact of COVID-19 on breast milk feeding behaviors and published a collection of recommendations to encourage breastfeeding practices called Preserving Breastfeeding in the Age of COVID-19.

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Rising Popularity of IoT Technologies Likely to Generate Growth Opportunities in System in Package (SiP) Technology Market

The revenue generation opportunities in the system in package (SiP) technology market are attributed to the rising popularity of IoT or Internet of Things technologies around the world. In addition to this, enhancement in micro-electronic devices nature has also been estimated to bolster growth avenues in the system in package (SiP) technology market in the coming years. Further, increasing the use of graphic cards along with processors to use in real-world gaming is predicted to serve as a revenue generator in the system in package (SiP) technology market.

On the flip side, the high cost of these technologies at the initial level is estimated to restrict growth opportunities in the system in package (SiP) technology market. Moreover, the growing demand for effective high-frequency gadgets and electronics has been projected to put positive impacts on the growth opportunities in the system in package (SiP) technology market in the foreseeable years.

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Asia Pacific to Lead in System in Package (SiP) Technology Market

On the basis of geographical locations, the system in package (SiP) technology market has been classified majorly into five areas that include, North America, Asia Pacific, Latin America, the Middle East & Africa, and Europe. Out of these regional areas, the Asia Pacific region has been anticipated to hold a noticeable share of the market revenue. These growth avenues in the regional market are attributed to the presence of key players in the region along with increased investments by the industry players for R & D activities for product development. The key players operating in the system in package (SiP) technology market are Samsung Electronics Co. Ltd., Chipmos Technologies Inc., Toshiba Corporation, ASE Group, Amkor Technology, Inc., Fujitsu Ltd., Powertech Technologies, Inc., Renesas Electronics Corporation, and Qualcomm, Inc. These players are adopting various novel strategies in order to increase expansion opportunities in the system in package (SiP) technology market in the near future.

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