
latestmarketnews's Updates (247)
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Athletes have exhibited immense traction in tracking glucose levels continuously. So much so that CGM technology has become sought-after to see how their training and food influence their blood glucose levels all the time. The advanced CGM devices enable consumers to make diet and training decisions to help boost their performance. There have been instances in the past of the National Football League (NFL) using CGM devices. Some well-established brands, such as Abbott (Libre Sense),... [more]
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The pervasiveness of diabetes type 1 and type 2 has had a notable impact on people's well-being and hampered the healthcare system's sustainability. A study forecasts that around 783.7 million people will live with diabetes by 2045. Strain diabetes puts on the economy and the complications linked to the disease have warranted a holistic approach to develop strategies to minimize prevalence and foster healthcare. There is a general acceptance that physical activity and healthy food habits... [more]
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The medical industry expects viral vectors to grow in prominence in transferring genetic material into the genetic composition of cells. Adeno-associated Viruses (AAVs) have become sought-after in gene therapy as they can deliver genetic material to cells and do not cause disease. Predominantly, adenovirus, retrovirus, herpes simplex virus and lentivirus, among others, are used to transfer genetic material into cells’ genetic composition. Technological advancements in manufacturing AAV... [more]
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Patients dying on the waiting list hoping to get lifesaving organ transplants have strengthened the significance of cells and tissue transplantation. The studies on xenotransplantation have become pronounced with an emphasis on bone-related conditions, wound healing/burn care, dental, breast reconstruction and adenocarcinoma. Frontiers of transplanting nonhuman organs or tissues into human recipients have put the spotlight on pigs. While fish skins have been successfully used for burn... [more]
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The rising applications of CROs, including augmented reality (AR), virtual reality (VR) and mixed reality (MR) have fueled the demand for healthcare outsourcing. The adoption of ML and AI has become pronounced in the wake of increasing scrutiny to adhere to regulatory compliance of healthcare products. For instance, AI can propel transparency with accurate results and enhance the efficiency and pace of product development. Since AI is less prone to human error, it enables better quality... [more]
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Veterinary services have witnessed an unprecedented spike on the back of surging demand for quality pet care. Some factors, such as an uptick in pet adoption, the prevalence of chronic diseases and growing pet insurance services, have spurred the market penetration of animal doctors. For instance, Europe has around 309,144 veterinarians (39 FVE member countries), according to a European Federations of Veterinarians survey. Clinical practice (contributing to 58% of all respondents’... [more]
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An uptick in disability rates across the U.S. has fueled the need for wheelchairs. The Census report in 2020 asserted that around 5.5 million people used wheelchairs. Besides, the U.S. is listed among the top three countries (disability rates). Disabled athletes have sought mobility devices for ease of use and self-functioning. Self-propelled wheelchairs have gained ground with soaring demand for mobility and lightweight across tennis, basketball and marathons. Furthermore,... [more]
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CMOs are exploring the potential of mammalian cell culture production amidst soaring demand for biopharmaceutical contract manufacturing services. Incumbents, such as Charles River and Lonza have furthered investments in mammalian cells. To illustrate, in May 2021, Lonza announced pouring USD 936 million to bolster the footprint of mammalian drug substance manufacturing sites in the U.S. and Switzerland. Biopharmaceutical firms are responding to the demand for outsourced services with... [more]
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An uptick in clinical trials and demand for advanced therapy medicinal products (ATMPs) have offered compelling opportunities for contract research organizations (CROs). The U.S. National Library of Medicine notes that around 83,230 clinical trial studies are currently active and/or recruiting globally. Amidst stiff competition and the soaring USD 1.5 trillion industry of medical device and drugs, acquisitions of small-scale innovative players, outsourcing and R&D activities have become... [more]
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The burgeoning aging population and a surge in obesity & diabetic cases have put the spotlight on advanced ophthalmic devices. The National Institute on Aging (NIA) estimates the geriatric population to reach 72 million by 2030, while the WHO suggests around 422 million people are living with diabetes. These trends imply the prevalence of vision impairment and blindness due to diabetic retinopathy, cataracts, glaucoma, age-related macular degeneration and vitreo-retinal disorders.... [more]
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For certain diseases and ailments, the only option a patient may have to increase their longevity, or even to stay alive, is solid organ transplantation. Although, there is a pre-defined process for a patient to obtain an organ for transplantation and go through the procedure, the certainty of the entire operation depends on multiple factors like organ availability, compatibility, and then procedure success rate along with the complications related to organ rejection by the recipient body.... [more]
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The policies that impact the environment, social, and governance, which are made by companies, involving consumers and the government, is shaping the current trend in investments in an unprecedented manner. Being a key leader in the automotive industry, AB Volvo, is motivated by the idea of sustainability and has built itself around the aspects of Environment, Social and Governance. It has been focusing on ESG for a decade and promoting ecofriendly way of logistics and transportation and... [more]
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The average ESG disclosure score for the water and wastewater treatment industry is between 60% and 70%. Our proprietary Environment, Social, and Corporate Governance (ESG) scoring framework analysed 65 parameters across ESG, as represented in the methodology section of this document. Xylem, Inc.; Veolia Environment S.A..; and five more market leaders were part of our research. Four out of seven companies we researched scored above the average industry score. Why is it important to have... [more]
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The average ESG disclosure score for the solar inverter industry is between 60% and 70%. Our proprietary ESG scoring framework analyzed 65 parameters across the environment, social, and corporate governance, as represented in the methodology section of this document. Siemens AG, Eaton Corporation, Delta Electronics, and three more market leaders were part of our research. Only half of the six companies we researched scored above the average industry score. Why is it important to have ESG?... [more]
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The average ESG disclosure score for the solid state battery industry is between 60% and 70%. Our proprietary Environment, Social, & Corporate Governance (ESG) scoring framework analyzed 65 parameters across ESG, as represented in the methodology section of this document. Toyota Motor Corporation, Solvay SA, and two more market leaders were part of our research. Three out of four companies we researched scored above the average industry score. Why is it important to have ESG? The... [more]