Marketing news today

 Pharmacy Automation Systems Market Overview Pharmacy Automation Systems Market size was estimated at $3.98 billion in 2020, projected to grow at a CAGR of 7.89% during the forecast period 2021-2026. Pharmacy Automation Systems industry has witnessed huge demand as the routine and repetitive work is completed more quickly and with higher precision. Medication dispensing, packing, labelling, storage, and retrieval of pharmaceuticals are all examples of procedures that may be automated in a pharmacy. Automation systems assist pharmacies in streamlining process, reducing the risk of mistakes, and improving direct patient care. Pharmacists have been more reliant on technology to conduct both routine and complicated duties during the previous few decades. In general, information technology has had a huge influence on almost every organization and the millions of people that work for them. Because of the numerous advantages that automation provides, computer technology has been widely a...

According to the International Association of Oil & Gas Producers (IOGP), the production indicator for oil is 83% and 101% for gas in North America.[1] High production indicators shows the self-sufficiency level and a strong base for export of oil and gas in North America, that in turn demand effective extraction and processing of these resources. Hydraulic pump has outpaced other sets of pumping devices in this industry since it amplifies the artificial lift method used for removing oil and gas from a wellbore through sustainable performance. Owing to this, North America contributed a regional share of 27.84% in 2018. Apart from oil fields, hydraulic pumps are widely used in construction, chemical, and automotive industry. As per the International Organization of Motor Vehicle Manufacturers (OICA), globally 95,634,593 motor vehicle units were manufactured in 2018 which simultaneously provide a gauge sheet for the global hydraulic pump market . The global hydraulic pump market gene...

Cutting Tools Market Overview: Cutting tool, also recognized as cutter, in industrial terms is a tool employed to eliminate material from the workpiece by means of shear deformation. Industrialization and manufacturing are vital obligations for sustainable development of any economy. The essentiality of an adequate production serving the unprecedented demand across the global economies is the foremost driver of cutting tools market from the manufacturing sector. The global cutting tools market size is estimated to be $34.42 billion, with the opportunities growing at a CAGR of 3.25% during the forecast period 2019-2025. Such affluence of cutting tools can be attributed to heavy industrial operations and unprecedented production demand surfacing by the means of global industrialization and the necessity for an operative and well-functioning economy. Cutting Tools Market Outlook: On the basis of type, the cutting tools market is segmented into linear cutting tools consisting of tool bits...

Thermoset resin market size is forecast to reach $38 billion by 2025, after growing at a CAGR of 4.6% during 2020-2025. The thermoset resins are being widely used in various end-use applications due to its extensive set of properties such as high-heat resistance, dimensional stability, electrical insulation capability, and more. Also, it delivers superior performance as compared to other substitute products such as metals and thermoplastics. Thermoset resins are generally stronger than thermoplastics due to the polymer cross-linking and they are better suited for high-temperature applications. Moreover, factors such as the need for weight reduction in aerospace & transportation and rise in demand for thermally stable & corrosion resistance components are anticipated to drive the thermoset resin market substantially during the forecast period. Thermoset Resin Market Report Coverage The report: “Thermoset Resin Market – Forecast (2020-2025)”, by IndustryARC, covers an in-depth a...

Styrene is a colourless oily organic compound and is a derivative of benzene. Styrene evaporates easily and is also used as a precursor to polystyrene and several other copolymers. It occurs naturally in small quantities in different foods and plants and is also found in coal tar. The styrene market is highly diversified and it includes various types of styrene derivatives, each having a wide range of applications across various sectors of the market. Globally growing end-use industries and increasing spending on end-user application industries such as automotive and construction are expected to be the key growth drivers for the styrene market during the period of study. Request Sample Geographically, Asia-Pacific dominates the Styrene market owing to the large scale demand of Styrene for its large industrial base which includes higher demand from the automotive industry, which has its manufacturing base in the region. Asia-Pacific was followed by Europe and North America as second an...

As per the statistics by ICT Data and Statistics (IDS) Division, a UN specialized agency for ICTs, 48% of the global population use the Internet, and the usage is increasing at a remarkable rate.[1] This prominent surge in the global internet users is accompanied by an increasing demand for high speed data transmission. Photonic integrated circuits make use of high speed photons as data carriers over comparatively low speed electrons. This facilitates the devices with PICs to transfer huge amount data with high speed and efficiency. The aforementioned feature of PIC makes it a favorable technology among the users globally. The additional aspects of PICs such as compact system size, high power optimization, low heat dissipation, minimal cost, reliability, and high level of component integration are propelling the growth of the photonic integrated circuit market. As of 2018, the global photonic integrated circuit market was valued at $785m, and the growing opportunities are projected to ...

In the olden days, i.e., before the development of intraocular lenses (IOLs), people had to wear special contact lenses or very thick eyeglasses to be able to see after a cataract surgery, since no device was implanted in the eye to replace the focusing power of the natural lens. With the development of intraocular lens, several types of IOL implants are available to help people enjoy improved vision. Intraocular lenses (IOL) are medical devices that are implanted in the eye in order to treat cataracts or myopia. It replaces the eye's natural lens when it is removed during cataract surgery. Most IOLs are made of a foldable and flexible material that focuses the light coming into the eye through the cornea and pupil onto the retina, the sensitive tissue at the back of the eye that relays images through the optic nerve to the brain. Globally, growing aging population and lowering costs of cataract surgeries are drivers of intraocular lenses market. However, the high cost of advanced ...

According to the Consumers International Organization, globally, with the advent of the Internet of Things (IoT) nearly four billion people will join the network of the connected devices by 2020. IoT transformation has changed the energy-driven consumer electronic devices, thereby encouraging the use of efficient energy harvesting systems throughout the world. The global energy harvesting market was valued at 278.19m in 2018, after gaining traction through wide application in various electronic equipment such as wearable, smartphones, wireless sensor networks (WSNs), and many others. There is a huge gap between the energy required to operate these devices and the energy available in the global scenario. This implicates the necessity for harvesting energy to bridge the gap, consequently pushing forth the global energy harvesting system market growth. The energy harvesting systems market is projected to grow at a robust CAGR of 18.48% through to 2025. Multifarious industries such as med...

Butyric acid is a carboxylic acid which exhibits an unpleasant smell, having an acrid taste and is usually found in the milk of farm animals. Butyric acid is industrially manufactured through fermentation of starch or sugar, with the addition of putrefying cheese, and calcium carbonate to neutralize the acids formed in the procedure. Butyric acid is also manufactured at a relatively low rate, yield and concentration since the traditional fermentation process is not yet economically viable. It is also manufactured via chemical synthesis on an industrial scale which involves the oxidation of butyraldehyde. Although fermentation is comparatively expensive than chemical synthesis of butyric acid, it has witnessed an increase in demand owing to consumer demand for natural and organic products.  Increasing production of butyric acid has been witnessed from processing wastes and agriculture industry and it is used in a wide range of applications such as food, chemical and pharmaceutical i...

Medical Aesthetics Market size is estimated to reach $17.12 Bn by 2025 and is poised to grow at a CAGR of 10.63% during the forecast period 2020-2025. The term Medical Aesthetics is referred to as a branch of medicine that focuses primarily on procedures and techniques to improve and enhance the appearance, texture, and contours of the skin, face, and body. This branch covers the treatment of scars, moles, liver spots, excess fat, wrinkles, skin looseness, unwanted hair, cellulite, poker, and skin discoloration. Factors such as the increasing acceptance of aesthetic medicine among the geriatric population and the increasing use of minimally invasive and non-invasive aesthetic procedures are driving the market over the forecast period (2020-2025).  Medical Aesthetics Market Report Coverage The report: “Medical Aesthetics Market Forecast (2020-2025)”, by Industry ARC, covers an in-depth analysis of the following segments of the Medical Aesthetics Market.  By Product: Facial Aes...