ReleaseWire Connect

Fact.MR has announced the addition of the “Smart Remote Control Market Forecast, Trend Analysis & Competition Tracking - Global Review 2018 to 2028"report to their offering.

The vibration control industry manufactures automotive vibration absorbers used in suspension components for reducing noise and vibration in automobiles, engines, powertrains, and other machine constructions. As suspension systems play vital role in maintaining safety and comfort of vehicle users and other participants on road, automotive vibration absorber, an integral part of suspension system, are highly sought after in the automotive industry.

Pervasiveness of automation has changed the definition of control, as process operations require efficient process control with limited or no downtimes. That said, the demand for universal process control continues to remain influenced with increasing need for efficient functionality of processes in the open and interoperable world. Technological changes, dynamic economics, budding pressure from customers and competition to enhance manufacturing are few of the challenges faced by enterprises. Universal process control supports manufactures in handling daily operational tasks by carrying out efficient plant management and provides a real time update on the activities taking place in the manufacturing unit. These challenges can be well addressed using universal process control, which is likely to drive the demand for universal process control in the coming years.

Growing prevalence of breast cancer is projected to rev up demand for tissue expanders globally. Moreover, increasing demand for reconstruction of face, neck and forehead due to injuries is projected to impact the global market growth of tissue expanders positively. Fact.MR states that the global market of tissue expanders is projected to reflect a CAGR of 6.9% over the forecast period, 2017-2026.

Growing prevalence of chronic disorders is projected to contribute towards the global market growth of self-administered medication. In addition, increasing collaboration among the manufacturers is projected to impact the global market growth of self-administered medication. Fact.MR states that the global market of self-administered medication is projected to reflect a CAGR of 8.5% over the forecast period, 2017-2026.

With the rise in emphasis on prevention and treatment of proliferative vitreoretinopathy (PVR), a serious ailment that leads to blindness despite repeated treatment, the requirement for vitreoretinal centers has gained importance worldwide. Prevention of PVR development at early stage RRD for preserving visual function in patients has become a primary agenda among medical researchers and clinicians. A recent Fact.MR analysis envisages the proliferative vitreoretinopathy market to reflect a modest 4.0% CAGR during the forecast period (2018-2027).

The global plasmapheresis market is likely to grow at a steady CAGR of over 7% during the forecast period 2017-2026, and reach a valuation of over US$ 1.5 Bn by the end of 2026. The market is likely to be impacted by a range of macro-economic and micro-economic factors. Increasing emphasis on upgrading healthcare infrastructure, combined with higher awareness on treating thrombotic thrombocytopenic purpura (TTP) and autoimmune diseases are the key factors that will lead to increasing adoption of plasmapheresis as a first line of treatment.

Pharyngitis also known as pharynx is inflammation of the back of the throat resulting in a sore throat. It may be bacterial or viral, the most common bacteria that infect human throat is Group A Streptococcus. Various market players are working on developing rapid diagnostic testing solutions for the fast detection of infection to provide treatment at an early stage. According to the medical professionals, around 50% of a sore throat or pharyngitis is caused by viral infection, while around 15-20% is caused by bacterial infection. Hence, throat lozenges are also being prescribed for people suffering from pharyngitis and it also offers temporary relief from cough and cold, which the most common cause of sore throat. As per Randomized Controlled Trial (RCT) published recently in Canadian Medical Association Journal, found that probiotics and xylitol chewing gum have no effect on a sore throat or pharyngitis symptoms. Hence, drug manufacturers are conducting research to develop new drugs to fight sore throat without causing any side-effects.

According to Fact.MR, the global peptide and heparin market is projected to reflect a high single-digit CAGR throughout the forecast period (2017-2026). The peptide and heparin market is estimated to reach nearly US$ 35,000 Mn revenues by 2026-end.

Oil and gas sector's rebound from its down turn, owing to geopolitical tensions, has resulted in an increase in oil prices from US$ 30 per barrel in 2016 to US$ 70 in 2018 which is expected to aid the fracking fluid market. Increasing oil exploration activities with reduced drilling costs continue to influence the demand for fracking fluids. For instance, according to IEA (International Energy Agency), an upswing in drilling activities in the United States have been witnessed. That said, the market for fracking fluid is likely to remain optimistic in the coming years.