Plastic Resins Market Share Value to Climb Double- Digit CAGR till Year 2028

The global plastic resins market size is expected to reach USD 982.3 billion by 2028 according to a new study by Polaris Market Research. The report “Plastic Resins Market Share, Size, Trends, Industry Analysis Report, By Product (Crystalline, Non-Crystalline, Engineering Plastic, Super Engineering Plastic); By Application; By Region; Segment Forecast, 2021 – 2028” gives a detailed insight into current market dynamics and provides analysis on future market growth.

The major factors propelling the resins market growth include increasing demand from the automotive, construction, packaging, and electrical & electronics sector. Increasing demand for contamination-free, long-turn, and eco-friendly packaging is anticipated to fuel the market growth for these resins.

Increasing adoption of electric vehicles and regulatory agencies’ intervention to reduce carbon emission as well as to reduce gross vehicle weight to improve fuel efficiency is expected to boost the market growth of these resins over the coming years.

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Polymers are widely used in various applications such as textiles and packaging due to their durability, cost-effective & energy-efficient material, and recyclability properties, which in turn is anticipated to fuel the market growth during the forecast period.

Government agencies such as National Highway Traffic Safety Administration and Environmental Protection Agency have collaborated with European Union and have imposed favorable regulations regarding carbon emission will likely boost the industry demand over the coming years.

In the initial stages of the COVID-19 outbreak, resin-related consumer products along with items such as hygiene and packaging products experienced a dramatic and rapid increase in demand; however, these products started experiencing stubborn decline due to lockdown imposed by several governments and disturbance in the supply chain.

Asia Pacific region is projected to dominate the resins industry during the forecast period due to the presence of major manufacturers in countries such as China. Additionally, factors such as rapid urbanization and a growing economy are also responsible for the industry growth in the region.

Key players operating in the resins industry are Arkema S.A., Chevron Phillips Chemical Co., DuPont, LLC, Celanese Corporation, Dow Chemical, Evonik Industries AG, LyondellBasell, Formosa Plastic Group, SABIC, Teijin Ltd., Sumitomo Chemical Company, and Toray Industries, Inc.

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Polaris Market Research has segmented the plastic resins market report on the basis of product, application, and region:

Plastic Resins, Product Outlook (Revenue – USD Million, 2016 – 2028)

• Crystalline
  • Epoxy
  • Polyethylene
  • Polypropylene
• Non-crystalline
  • Polyvinyl Chloride (PVC)
  • Polystyrene (PS)
  • Acrylonitrile Butadiene Styrene (ABS)
  • Polymethyl Methacrylate (PMMA)
• Engineering Plastic
  • Nylon
  • Polybutylene Terephthalate (PBT)
  • Polycarbonate (PC)
  • Polyamide
• Super Engineering Plastic
  • Polyphenylene Sulfide (PPS)
  • Polyether Ether Ketone (PEEK)
  • Liquid Crystal Polymer (LCP)

Plastic Resins, Application Outlook (Revenue – USD Million, 2016 – 2028)

• Packaging
  • Food & Beverage
  • Medical
  • Retail
  • Others
• Automotive
• Construction
• Electrical & Electronics
  • Office Automation Equipment
  • Electronic Materials
  • Others
• Logistics
• Textiles & Clothing
  • Clothing
  • Industrial Use
  • Others
• Furniture & Bedding
• Medical Devices
• Others

Nitrile Gloves Market Share Value to Climb Double- Digit CAGR till Year 2028

The report “Global Nitrile Gloves Market  2028” from PMR Market Research includes data and information about market structure and size. The purpose of this research is to give market knowledge and strategic insights to assist in decision making, making informed investment decisions, and identifying potential growth opportunities.

The global nitrile gloves market size is expected to reach USD 8.54 billion by 2028 according to a new study by Polaris Market Research.

The research report adopts primary and secondary research approaches, resulting in a precise and accurate insight into the Nitrile Gloves industry. To examine the segments and provide a fair assessment of their influence on the worldwide market, analysts utilized a top-down and bottom-up strategy. The study begins with a market overview, which includes a brief description of the industry’s current state as well as the major segments. It also lists the leading players in the global market.

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A Porter’s five forces analysis and SWOT analysis are included in the research study on the global Nitrile Gloves market, which empower to determine the market’s accurate trajectory. Such effective market analysis tools helps to identify market’s major drivers, restraints, risks, and market opportunities. In addition to this, the research report also features statistics for global market as well as different regional markets.

Market Segmentation

The report features in-depth segmentation and sub-segmentation of the target market. The executive summary of the Nitrile Gloves market research provides a quick overview of the market. It discusses the key sectors and companies projected to shape the market in the coming years. The executive summary provides a non-biased view of the market. It describes how the market’s demand and supply will be affected by shifting demographics. It goes over the regulatory adjustments that are expected to change people’s buying behavior.

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COVID-19 Pandemic Impact Analysis

This Nitrile Gloves market study discusses the impact of the COVID-19 pandemic on macro and micro aspects of business, hurdles encountered by each sector, and continuous efforts to turn this crisis into an opportunity. The research report also discusses government policies for recovering the economy in detail, in order to assist businesses in expanding or entering new markets, as well as introducing new products and services.

Competitive Analysis

This section of the research study focuses on the market’s leading players and competitive landscape. The Nitrile Gloves market study provides a list of strategic efforts undertaken by companies in recent years, as well as those anticipated in the near future. The financial prospects of these companies, their research and development activities, and their expansion plans for the near future have all been noted by researchers. The global market research report is a serious endeavor to provide interested readers with a thorough view of the market.

Market participants such as : Hartalega Holdings Berhad, Top Glove Corporation Bhd, Supermax Corporation Berhad, Kossan Rubber Industries Bhd, Ansell Ltd. Medline Industries, Unigloves (UK) Limited, Superior Gloves, and MCR Safety.

Key Reason to buy this Nitrile Gloves Market Research Report

• It provides analytical data along with strategic planning approaches to help businesses make informed decisions.

• The market’s dynamics, such as drivers, restraints, trends, and opportunities, are examined by researchers.

• It provides a wealth of information on current events that will have an impact on the market’s overall performance.

• It includes regional analysis of the global market as well as corporate profiles of various stakeholders.

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Disposable Gloves Market Share Value To Climb Double- Digit Cagr Till Year 2028

The global disposable gloves market size is expected to reach USD 15.13 billion by 2028 according to a new study by Polaris Market Research. The report “Disposable Gloves Market Share, Size, Trends, Industry Analysis Report, By Material (Natural Rubber, Nitrile, Vinyl, Neoprene, Polyethylene); By Form; By End-Use; Segment Forecast, 2021 – 2028” gives a detailed insight into current market dynamics and provides analysis on future market growth.

The disposable gloves industry is primarily driven by the rising number of covid cases particularly in North America and the Asia Pacific. The growing awareness regarding employee health and safety, along with the increasing industrial fatalities in the developing economies, is also projected to boost the industry growth over the forecast period.

The COVID-19 pandemic has fueled the demand for disposable gloves, which has disturbed the supply chain, therefore resulting in the shortage of these products in the industry. The government and manufacturers are increasing their production capacities to meet the demand-supply gap, thus improving the supply chain globally during the past few months.

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The demand for disposable gloves in the healthcare sector is accountable for the highest share in the industry during the forecast period. Moreover, stringent regulations regarding workers’ safety in industries such as construction and mining are likely to be the vital factors expected to drive the industry.

Disposable gloves are made of synthetic or natural rubber. Irritation and toxic reactions caused by these products and also high price competition from local manufactures are anticipated to hamper the growth of the industry.

The nitrile segment is projected to lead the industry during the forecast period due to the rising adoption of nitrile-based products in the medical, chemical, painting and, laboratory sectors. Polyethylene is highly cost-effective and is mainly used in light-duty applications, which need a frequent change of products, such as in food serving & processing work.

Asia Pacific creates lucrative opportunities for the key players operating in the market, owing to the increase in the geriatric population. Additionally, a rise in healthcare expenditure and developing guidelines are projected to propel market growth in the region.

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The key players operating in the market include Semperit Ag Holding, Top Glove Corporation Bhd, Supermax Corporation Berhad, Ansell Limited, Hartalega Holdings Berhad, Kossan Rubber Industries Bhd, Rubberex Corporation (M) Berhad, Cardinal Health, Adventa Berhad (Sun Healthcare), and  Dynarex Corporation.

Polaris Market Research has segmented the disposable gloves market report on the basis of material, form, end-use, and region:

Disposable Gloves, Material Outlook (Revenue – USD Billion, 2016 – 2028)

• Natural Rubber
• Nitrile
• Vinyl
• Neoprene
• Polyethylene
• Others

Disposable Gloves, Form Outlook (Revenue – USD Billion, 2016 – 2028)

• Powdered
• Powder-free

Disposable Gloves, End-Use Outlook (Revenue – USD Billion, 2016 – 2028)

• Medical & healthcare
  • Examination
    • Dental
    • Veterinary
    • Hospital
    • EMS
    • Others
  • Surgical
    • Dental
    • Veterinary
    • Hospital
    • EMS
    • Others
• Non-Medical
  • Automotive Finishing
  • Automotive Aftermarket
  • O&G and Mining
  • F&B Processing
  • F&B Service
  • Metal & Machinery
  • Chemical & Petrochemical
  • Pharmaceutical
  • Cleanroom
  • Academic R&D
  • Industrial R&D
  • Others

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Hospital Capacity Management Solutions Market Size, Recent Advancement & Scope Top Trends

The global hospital capacity management solutions market size is expected to reach USD 9.55 billion by 2028 according to a new study by Polaris Market Research. The report “Hospital Capacity Management Solutions Market Share, Size, Trends, Industry Analysis Report, By Mode of Delivery (On-premises, Cloud-based); By Product; By End-Use; By Region; Segment Forecast, 2021 – 2028” gives a detailed insight into current market dynamics and provides analysis on future market growth.

Hospitals focusing on better workforce managing and reducing operation cost, are the key industry growth driver. Governments across the globe are investing in empowering the healthcare system to deliver better results which can be achieved through the hospital capacity managing systems and thus have promising development opportunities in the coming years.

Private and public healthcare sector is working towards achieving optimum workforce managing with proper asset utilization as it aids in reducing operational cost deliver satisfying results which is anticipated to propel the industry demand over the forecast period.

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In they year 2020, asset managing dominated the industry due to its increasing demand in hospitals for supplies tracking, provide training to the workforce, and equipment managing which further aids in saving resources and time.

North America dominated the market in the year 2020, owing to the implementation of new technologies in the region for improved healthcare. Developed IT infrastructure acts as a catalyst for the demand for the capacity managing systems. Several players are investing in the expansion to gain a larger market share which is anticipated to drive the industry over the coming years.

Major players in the capacity managing market are Teletracking Technologies, Inc. (US), NextGen Healthcare (US), Allscripts Healthcare Solutions, Inc. (US), Epic Systems Corporation (US), Koninklijke Philips N.V. (Netherlands), Neusoft Corporation (China), Infinitt Healthcare Co., Ltd. (South Korea), Infor Systems (US), JVS Group (India).

Alcidion Corporation acquired Extramed and UK based patient flow software company on 15^th of April 2021, which strengthen companies’ presence in UK for delivering smart technology systems in healthcare. HealthStream a US-based company acquire Change Healthcare’s Staff Scheduling Business in the year 2020, which empowered the organization to gain a competitive edge in the workforce scheduling and capacity managing solutions market. Stanley Healthcare partnered with Cisco DNA Spaces in the year 2020, which enable the organization to integrate its AeroScout RTLS with Cisco DNA spaces which enhanced and simplify operations of healthcare companies.

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Polaris Market research has segmented the hospital capacity management solutions market report on the basis of product, mode of delivery, end-use, and region:

Hospital Capacity Management Solutions, Product Outlook (Revenue – USD Million, 2016 – 2028)

• Asset Management
  • Medical Equipment
  • Bed
• Patient Flow Management Solutions
• Workforce Management
  • Nursing & Staff Scheduling Solutions
  • Leave and Absence Management
• Quality Patient Care

Hospital Capacity Management Solutions, Mode of Delivery Outlook (Revenue – USD Million, 2016 – 2028)

• On premise
• Cloud-based

Hospital Capacity Management Solutions, End-Use Outlook (Revenue – USD Million, 2016 – 2028)

• Hospitals
• Ambulatory Surgical Centers
• Others

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Aircraft Pumps Market SWOT Analysis, Business Growth Opportunities By 2028

The global aircraft pumps market size is expected to reach USD 5.56 billion by 2028 according to a new study by Polaris Market Research. The report “Aircraft Pumps Market Share, Size, Trends, Industry Analysis Report, By Aircraft Type (Fixed Wing, Rotary Wing, Unmanned Aerial Vehicles); By Type; By Technology; By Region; Segment Forecast, 2021 – 2028” gives a detailed insight into current market dynamics and provides analysis on future market growth.

The market for aircraft pumps is driven by advancements in new technologies for efficient and eco-friendly alternatives for traditional pumps. The developing and developed economies contribute to the air travel industry shift owing to the increasing disposable income and ease of ticket booking for commercial flights due to the growing digitization. Increasing demand for air travel has created a industry potential for new airplane manufacturing and supply which aids the demand for components segments and subsegments across the globe.

The market is estimated to register significant growth in the coming years accounted for the rise in commercial aviation, aerospace, and general aviation sectors. Several nations are emphasizing on better tourism policies for economic development which fuel the air travel industry and further drive the industry for airplane pump.

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Governments in various nations are strengthening the air pollution policies to reduce carbon emission due to which several manufacturers are shifting towards electric motor driven technology over the traditional one. It creates promising future opportunities for the industry growth in the forecast period for electric motor driven segment.

Asia Pacific is expected to show significant industry advancement over the forecast period owing to the surge in commercial air travel in the countries such as China and India. Europe is anticipated to register substantial growth in the airplane pump industry considering the noticeable investment made by major industry players in the region and growing tourism in the region.

Parker Hannifin Corporation (US), Eaton Corporation plc (Ireland), Safran (France), Woodward (US), and crane (US) are the key market players. Companies are focusing on mergers, acquisitions, and product development for competitive advantages. On February 2021, Eton an Ireland base company sign an agreement to acquire a leading air-to-air refuelling system manufacturer, Cobham Mission Systems.

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Polaris Market Research has segmented the aircraft pumps market report on the basis of type, technology, aircraft type, and region:

Aircraft Pump, Type Outlook (Revenue – USD Million, 2016 – 2028)

• Fuel Pumps
• Hydraulic Pumps
• Lubrication Pumps
• Water and Waste System Pumps
• Airconditioning and Cooling Pumps

Aircraft Pump, Technology Outlook (Revenue – USD Million, 2016 – 2028)

• Ram Air Turbine Driven
• Air Driven
• Engine Driven
• Electric Motor Driven

Aircraft Pump, Aircraft Type Outlook (Revenue – USD Million, 2016 – 2028)

• Fixed Wing
• Rotary Wing
• Unmanned Aerial Vehicles

Global Aerosol Cans Market Estimated Share Will Grow With Rapid Pace By The End Of The Financial Year 2028

The global aerosol cans market size is expected to reach USD 13.21 billion by 2028 according to a new study by Polaris Market research. The report “Aerosol Cans Market Share, Size, Trends, Industry Analysis Report, By Material (Aluminum, Steel, Plastic); By End-Use (Personal Care, Household Care, Automotive, Healthcare); By Type; Segment Forecast, 2021 – 2028” gives a detailed insight into current market dynamics and provides analysis on future market growth.

Personal care industries across the globe are booming accounted for increasing disposable income among the working class, product benefits, and customer targeting by several players according to their needs and better consumer reach through eCommerce. This is anticipated to boost the demand over the forecast period.

Plastic aerosol cans packaging is expected to witness demand owing to its use in several applications such as air fresheners, sun care products, edible oils, sanitizing spray, furniture polish, etc. It aids in reducing fossil fuel consumption, greenhouse gases, and water usage, thus have promising potentials.

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The household care segment has significant growth opportunities in the coming years accounted for the growing demand for products such as bug spray, mosquito repellents, and furniture cleaners. Consumers are shifting towards easy-to-use anti-bug sprays which are expected to increase the demand for aerosol cans in the forecast period.

Europe is projected to registered growth in the coming years accounted for the developed economies with industries shift towards reducing packaged waste and forming a sustainable ecosystem in the manufacturing and packaging sector. Consumer adoptions for innovative personal care products are expected to drive the industry in the forecast period.

Key players operating in the global market for aerosol cans are Ball Corporation (US), Trivium Packaging (US), Crown Holding (US), Guangdong Sihai Iron-Printing and Tin-Making Co., Ltd. (China), Mauser Packaging Solutions (US), Toyo Seikan Co. Ltd. (Japan), CCL Container (US), Nampak Ltd. (South Africa), CPMC Holdings Ltd. (China), Colep (Portugal), etc.

Major market players are entering into partnerships, forming mergers, innovating high-end products, and investing in R&D to increase reach and capture larger market share. On the 22nd of April 2021, Mauser Packaging Solutions acquired Global Tank SRL by a joint venture with NCG maider in Italy to expand in the region.

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Polaris Market research has segmented the aerosol cans market report on the basis of material, type, end-use industry, and region:

Aerosol Cans, Material Outlook (Revenue – USD Million, 2016 – 2028)

• Aluminum
• Steel
• Plastic
• Others

Aerosol Cans, Type Outlook (Revenue – USD Million, 2016 – 2028)

• Liquefied Gas Propellant
• Compressed Gas Propellant

Aerosol Cans, End-Use Outlook (Revenue – USD Million, 2016 – 2028)

• Personal Care
• Household Care
• Automotive
• Healthcare
• Others

Oncology Information Systems Market Size, Strategies, Competitive & Factor Analysis 2028

The global oncology information systems market size is expected to reach USD 4.64 billion by 2028 according to a new study by Polaris Market Research. The report “Oncology Information Systems Market Share, Size, Trends, Industry Analysis Report, By Product and Services (Software, Professional Services); By Application (Medical, Radiation, Surgical); By Region; Segment Forecast, 2021 – 2028” gives a detailed insight into current market dynamics and provides analysis on future market growth.

The major factors driving the growth of the global industry includes increasing prevalence of cancer across the globe along with increased adoption of advanced system to manage patient treatment schedules, treatment plans and treatment delivery. Companies and governments across the globe are investing heavily on several solutions is expected to further boost the industry growth.

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There is a huge increase in cancer in recent years. Nearly, 20 million new cases of cancer are diagnosed every year globally. It is a leading cause for mortality worldwide and in 2020, 10 million people died of cancer. Hence the treatment of cancer patients needs to be properly planned to reduce the mortality associated with the disease.

Oncology information systems have applications in surgical, medical and radiation. OIS is expected to be adopted more in medical oncology as advanced cancer treatments such as immunotherapy, which falls under the category of medical, have become more widely accepted in recent years. Procedures such as immunotherapy and radiation therapy are preferred over surgical procedures for cancer treatment.

The increasing adoption of the information systems have led to the launch of new systems along with collaborations and acquisitions. In August 2020, Healthcare Global Enterprises Ltd (HCG) based in India has partnered with Elekta under which Elekta will install multiple Elekta Synergy linear accelerators and Versa HD for the hospital.

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The service agreement between the two also includes Monaco treatment planning system and Elekta’s MOSAIQ Oncology Information System. In December 2020, RaySearch Laboratories launched its advanced information system RayCare 4B. The system will offer RayStation treatment planning system and support for other treatments and workflows. It is installed in Yonsei Cancer Center in South Korea in 2020.

It is the first healthcare institution that has adopted these systems in Asia Pacific. The new OIS is also expected to provide an interface to connect to Varian TrueBeam.  Once VARIAN will launch TrueBeam 3.0 interface software which is expected in August 2021, the use of Varian TrueBeam and RayCare will be introduced for clinical use.

The COVID-19 pandemic will not have significant effect on the market during the forecast period as cancer treatment is a critical emergency procedure and hospitals are not postponing any cancer treatment even with the shortage of staffs and infrastructure during the pandemic period.

Industry Participants such as Accuray Incorporated, Elekta AB, Varian Medical Systems, Cerner Corporation, RaySearch Laboratories, BrainLab, Prowess, Inc., Philips Healthcare, DOSIsoft S.A., MIM Software, ViewRay Inc., and Flatiron Health, Inc., are some of the key players operating in the global market.

Polaris Market Research has segmented the oncology information systems market report on the basis of product and services, application, and region:

Oncology Information Systems, Product & Services Outlook (Revenue – USD Million, 2016 – 2028)

• Software
  • Patient Information Systems
  • Treatment Planning System
• Professional Services

Oncology Information Systems, Application Outlook (Revenue – USD Million, 2016 – 2028)

• Medical Oncology
• Radiation Oncology
• Surgical Oncology
• Others

touch screen ,touch- tablet in hands

Global Downstream Processing Market Estimated Share Will Grow with Rapid Pace by the End of the Financial Year 2028

The global downstream processing market size is expected to reach USD 65.66 Billion by 2028 according to a new study by Polaris Market Research. The report “Downstream Processing Market Share, Size, Trends, Industry Analysis Report, By Technique (Cell Disruption, Solid-liquid Separation, Concentration, Purification by Chromatography, Formulation); By Product; By Application; By Regions; Segment Forecast, 2021 – 2028” gives a detailed insight into current market dynamics and provides analysis on future market growth.

Downstream processing is a form of process that involves purification and the recovery of biosynthetic products, especially pharmaceuticals derived from natural sources. It is divided into five stages: solid-liquid separation, intracellular substance release, concentration, and purification and formulation using chromatography. Flocculation, centrifugation flotation, and filtration are examples of solid-liquid separation methods.

Rising demand for biological products, increasing implementation of biotech practices in the agricultural, pharmaceutical, and bio-services industries, the developments in the field of gene therapy and genetic engineering, and increasing adoption of single-umbrella solutions are all contributing to market growth for downstream processing.

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The bandwidth requirements for biologic drug production have shifted in recent years, with the market for high-volume products giving way to the development of small-volume, high-potency products. This opens lucrative opportunities for single-use downstream processing technology.

Evolutionary developments in single-use system for producing small amount, very effective drugs are anticipated, given that small-scale, single-use systems are already widely used for process creation and downstream processing. Innovative film chemistries, closed systems, clinical-scale single-use device optimization, and smart sensors are only a few of the notable innovations in the field.

Market participants such as 3M Company, Danaher Corporation, Ashai Kasei, Corning Corporation, Lonza Group Ltd, Boehringer Ingelheim International GmbH, Dover Corporation, Eppendorf AG, Ferner PLC, Merck KGaA, GE Healthcare, Sartorius Stedim Biotech S.A, Thermo Fisher Scientific Inc., and Repligen are some of the leading players operating in the market for downstream processing.

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The market is expected to grow as the number of downstream processing applications for biopharmaceutical manufacturing grows. This has resulted in a rise in strategic deals and business growth for downstream processing. Evozyne, LLC, for example, collaborated with a leading rare disorders drug manufacturer in February 2021, to produce and market novel immune modulation biopharmaceuticals.

Polaris Market Research has segmented the Downstream Processing market report based on product, technique, and application, and region: 

Downstream Processing, Product Outlook (Revenue – USD Billion, 2016 – 2028)

• Chromatography Systems
• Filters
• Evaporators
• Centrifuges
• Dryers
• Others

Downstream Processing, Technique Outlook (Revenue – USD Billion, 2016 – 2028)

• Cell Disruption
• Solid-liquid separation
  • Filtration
  • Centrifugation
• Concentration
  • Evaporation
  • Membrane filtration
• Purification by Chromatography
• Formulation

Downstream Processing, Application Outlook (Revenue – USD Billion, 2016 – 2028)

• Antibiotic Production
• Hormone Production
• Antibodies Production
• Enzyme Production
• Vaccine Production

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Global Digital Therapeutics Market Size & Share Show Potential Development in Growth by 2028

Digital Therapeutics The global digital therapeutics market size is expected to reach USD 13.51 billion by 2028 according to a new study by Polaris Market Research. The report “Global Digital Therapeutics Market Share, Size, Trends, Industry Analysis Report, By Application (Diabetes, Obesity, CVD, CNS Disease, Respiratory Diseases, Smoking Cessation, Others), By End-Use (Patients, Providers, Payers, Employers, Others), By Regions; Segment Forecast, 2021 – 2028” gives a detailed insight into current market dynamics and provides analysis on future market growth.

The distinction between digital therapeutics is determined by patient clinical outcomes. Digital therapeutics do not use market-based health-related instruments like step and calorie-counters. It is a modern form of healthcare product that utilizes digital technologies to avoid, handle, and health ailments. Furthermore, it makes use of emerging health technology to treat the psychiatric ailment. As a result, the aforementioned factors contribute to the growth of the target market share.

During the year 2020, digital health went from innovation to need. As acceptance peaked, exacerbated by the COVID-19 pandemic, it swept into almost every healthcare domain. Telehealth, digital pathology, triage solutions, telemedicine, mhealth, and digital therapeutics were among the topics discussed.

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Omada Health, Inc., took advantage of the shortages in treatment caused by COVID-19 to offer additional help and advice through its dedicated practitioners to those whose doctor’s appointments had been postponed indefinitely.

Additionally, the organization assisted primary care practitioners, psychiatrists, endocrinologists, and cardiologists in converting their practices to telehealth through providing improved knowledge, psychosocial support, and an online platform.

Market participants such as 2Morrow, Inc., Akili Interactive Labs, Ayogo Health Inc., Better Therapeutics, Inc., Canary Health Inc., Click Therapeutics, Inc., Cognoa, Inc., Ginger, Kaia Health Software GmbH, Livongo Health Inc, Mango Health, Inc., Mindstrong Inc., Noom Health, Inc., Omada Health, Inc., Otsuka America Pharmaceutical, Inc., Pear Therapeutics, Inc., Propeller Health, WellDoc, Inc., and Wellthy Therapeutics are some of the companies operating in the market for digital therapeutics.

The FDA issued recommendations extending and encouraging the scope of digital health therapeutics technologies for mental health issues in response to COVID-19 and its ramifications on mental health. Another factor expected to drive demand growth is increased public and private sector initiatives. For example, Akili Interactive Labs, Inc. obtained the CE mark for EndeavorRx, its digital therapeutics software for the treatment of ADHD, in June 2020.

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Digital therapeutics is anticipated to rise at a steady pace in the given timeframe, due to strong internet usage and reliance on smartphones. This is due to a rise in demand for creative and innovative treatment solutions that patients can access remotely.

In February 2021, SilverCloud and Cerner Corporation collaborated to combine SilverCloud’s virtual mental health network with Cerner’s electronic health records. SilverCloud hoped that by doing so, it would be able to scale the delivery of evidence-based mental health services while both enhancing patient outcomes and lowering healthcare costs.

Polaris Market Research has segmented the digital therapeutics market report based on application, end-use, and region:

Digital Therapeutics, Application Outlook (Revenue – USD Billion, 2016 – 2028)

• Diabetes
• Obesity
• CVD
• CNS Disease
• Respiratory Diseases
• Smoking Cessation
• Others

Digital Therapeutics, End-Use Outlook (Revenue – USD Billion, 2016 – 2028)

• Patients
• Providers
• Payers
• Employers
• Others

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