ReleaseWire Connect

The data creation and consumption is growing by leaps and bounds. This has resulted in the increasing investment in big data analytics software, services, and hardware. Big data technologies are helping companies to gain useful information from both structured and unstructured data from various sources. The latest trend that is gaining traction in the big data and service market is the growing importance of big data technology in Internet of Things (IoT). With the rise in adoption of IoT by various industries, a large volume of data is being generated. Hence, in order to process large data and gain actionable insights, these industries are moving towards adopting big data services. Moreover, large amount of data is expected to be stored locally, as countries like China and Russia have already passed data localization laws.

Growing prevalence of eye disorders and abnormalities has led to surge in demand for optometry equipment globally. In addition, government in various countries are taking initiatives to control visual impairment. Such factors are projected to impact growth of the global optometric equipment market positively. Fact.MR states that the global optometry equipment market is projected to reflect a CAGR of x over the forecast period, 2017-2026.

As the need for removing excess of amniotic fluid arises, demand for amniocentesis needles in the healthcare industry is projected to remain high. In addition, the prevalence of various diseases such as diabetes among the pregnant women is projected to impact the global market growth of amniocentesis needle positively. Fact.MR states that the global amniocentesis needle market is projected to reflect a CAGR of 2.4% over the forecast period.

Growing need for securing confidential information in various organizations has led to surge in demand for the intrusion detection and protection system globally. In addition, surge in demand for protection against malicious attacks is projected to impact the global market growth of intrusion detection and protection system positively. Fact.MR states that the global intrusion detection & protection system market is projected to reflect a CAGR of 12.3% over the forecast period, 2017-2026.

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.

The global organic honey market will exhibit an impressive growth during the forecast period, 2017 to 2022, as projected by a recent research report of Fact.MR. Revenues from sales of organic honey across the globe are estimated to account for nearly US$ 160 Mn by 2022-end.

Organic electronic materials made using organic small molecules and polymers are being used on a large scale. Owing to the good dimensional control, better electrical performance, organic substrate are witnessing significant growth in various applications. Organic substrate is also being used in flat panel display as the flat panel displays are cost-effective and energy efficient. More functionality is being added in RF modules for smartphone and other wireless applications. Hence, both low temperature co-fired ceramic and organic substrate are used for RF modules. Organic substrate are more cost-effective, as embedding filter into the inner layer of the organic substrate does not occupy module surface area and results in module cost saving and also helps in reducing module size for cost sensitive and critical size products, for instance, Bluetooth RF front-end module. The rise in consumer trend towards lower cost solutions is also resulting in the increasing use of the organic substrate.

Cancer profiling has emerged as one of the leading approaches used in identification, prognosis, research analysis and treatment of various cancers. Various approaches such as proteomics, genomics, and metabolomics are being used in cancer profiling. Also, precision medicine treatment is being adopted on a large scale in order to analyze individual genetic profiles and offer personalized treatments. Moreover, cancer is the focus of precision medicine. Moreover, around 631 cancer therapies are in the global oncology research and development pipeline. Next-generation sequencing in the cancer profiling is helping in identifying multiple tumor mutations. Many cancer centers have already adopted next-gen sequencing-based genetic profiling using target gene capturing. Oncologists across the world are using cancer profiling method along with the rise in adoption of cancer biomarkers for tumor profiling. Moreover, factors including point-of-care diagnostic test, and rising demand for personalized medicine is offering opportunities for leading companies in the cancer profiling market.

Growing need for conducting detailed analysis regarding the performance of electronic products has led to surge in adoption of the scanning probe microscopes globally. In addition, surge in demand for conducting research studies to develop innovating solutions is projected to impact the global market growth of scanning probe microscope positively. Fact.MR states that the global scanning probe microscope market is projected to reflect a CAGR of 7.1% over the forecast period, 2017-2026.

Prevalence of various urological disorders has led to an upsurge in the adoption of the urology devices globally. In addition, growing geriatric population is also projected to impact the global market growth of urology devices positively. Fact.MR states that the global urology devices market is further to reflect a CAGR of 6.4% over the forecast period, 2017-2026.