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  • Interventional Oncology Devices Global Market Report 2021: COVID 19 Growth And Change to 2030
    Business
    GlobeNewswire

    Interventional Oncology Devices Global Market Report 2021: COVID 19 Growth And Change to 2030

    Major players in the interventional oncology devices market are Boston Scientific Corporation, Medtronic plc, Terumo Corporation, Merit Medical Systems, Inc, Philips Volcano, AngioDynamics Inc. , GE Healthcare, Siemens Healthineers, Sirtex Medical, and Cook Medical Incorporated.New York, May 10, 2021 (GLOBE NEWSWIRE) -- Reportlinker.com announces the release of the report "Interventional Oncology Devices Global Market Report 2021: COVID 19 Growth And Change to 2030" - https://www.reportlinker.com/p06071078/?utm_source=GNW The global interventional oncology devices market is expected to grow from $2.015 billion in 2020 to $2.234 billion in 2021 at a compound annual growth rate (CAGR) of 10.9%. The growth is mainly due to the companies resuming their operations and adapting to the new normal while recovering from the COVID-19 impact, which had earlier led to restrictive containment measures involving social distancing, remote working, and the closure of commercial activities that resulted in operational challenges. The market is expected to reach $3.32 billion in 2025 at a CAGR of 10%.The market for interventional oncology devices comprises the sale of interventional oncology devices and related services by the entities that manufacture them. Interventional oncology devices are used to detect and treat cancer using minimally invasive procedures and advanced imaging technologies.Rising product recalls are likely to hinder the demand for interventional oncology devices.The number of interventional oncology product recalls has risen.For instance, in June 2020, the IceFORCE 2.1 CX Prostate Cryoablation Kit Visual ICE System of the Boston Scientific Corporation was recalled as the needle surface had deteriorated. In March 2020, Medtronic recalled the Pipeline Flex embolization system with Shield technology due to a fracture in the distal portion. These product recalls put financial strain on businesses and also hampers the demand, thus hindering the market.The interventional oncology devices market covered in this report is segmented by product into embolization devices; ablation devices; support devices. It is also segmented by procedure into thermal tumor ablation; non-thermal tumor ablation; transcatheter arterial chemoembolization (TACE); transcatheter arterial radioembolization (TARE) or selective internal radiation therapy (SIRT); transcatheter arterial embolization (TAE) or bland embolization, and by cancer type into liver cancer; kidney cancer; lung cancer; bone cancer; others.Companies are focusing on deploying robotics technology in interventional oncology devices, for higher efficiency.The robotic system integrates image-based planning and navigation with the installation of different instruments to the desired body part with better accuracy and efficiency.For instance, in November 2019, the first robotic device of XACT Robotics Ltd was approved in the United States by the Food and Drug Administration for use during computed tomography (CT) controlled percutaneous interventional procedures. In March 2018, Auris Surgical Robotics, Inc has received U.S. Food and Drug Administration (FDA) clearance for the Monarch™ Platform, a lung biopsy platform that uses robotic technology.In July 2020, Terumo Corporation, a Japanese medical device company, acquired Quirem Medical for $45 million.Through this acquisition, Terumo intends to launch the Holmium platform globally as a part of the ongoing expansion of its interventional oncology (IO) portfolio.It further strengthens the brand and extends manufacturing and clinical development activities. Quirem Medical is a Netherlands-based medical device company that develops and markets Holmium-166-based radioactive microspheres for Selective Internal Radiation Therapy (SIRT).The availability of private and government funding drove the interventional oncology devices market.In the field of cancer, funding from the government and private has increased, especially for the devices used in treatments as it promotes early detection and better survival rates.The American Cancer Society, the largest non-government, not-for-profit cancer research funder, has awarded 93 grants which totaled to $40 million in the first of two cycles for 2019 for cancer research. In 2019, the US Congress provided NCI with an amount of $5.74 billion, which represents a $79 million increase from FY 2018, and an additional $400 million for the Cancer Moonshot program that has a special focus on early detection of cancer using latest technologies. BioProtect Ltd, an Israeli company that develops novel bioabsorbable polymer spacer balloons, received a funding of $13 million of its Series D equity financing from a leading global syndicate of venture investors that finances the ongoing multicenter FDA clinical trial of BioProtect’s lead product, the ProSpace balloon spacer, which protects prostate cancer patients undergoing radiation therapy. Endosight, the first augmented-reality guided ablative system, has received 20% of its funding from private organizations. The funding from government and private organizations help in the development of new technologies and devices, thereby driving the interventional oncology devices market.Read the full report: https://www.reportlinker.com/p06071078/?utm_source=GNWAbout ReportlinkerReportLinker is an award-winning market research solution. Reportlinker finds and organizes the latest industry data so you get all the market research you need - instantly, in one place.__________________________ CONTACT: Clare: clare@reportlinker.com US: (339)-368-6001 Intl: +1 339-368-6001

  • Business
    GlobeNewswire

    Outlook on the Baby Pacifier Global Market to 2026 - Featuring Koninklijke Philips, Newell Brands and Baby Shusher Among Others

    Dublin, May 10, 2021 (GLOBE NEWSWIRE) -- The "Global Baby Pacifier Market By Type (Single-piece and Multiple-piece), By Size (Small, Medium and Large), By Distribution Channel (Offline and Online), By Regional Outlook, Industry Analysis Report and Forecast, 2020 - 2026" report has been added to ResearchAndMarkets.com's offering. The Global Baby Pacifier Market size is expected to reach $581.8 Million by 2026, rising at a market growth of 8.8% CAGR during the forecast period. The baby pacifier refers to a product which is used for babies to calm them. These pacifiers are considered safe for the babies to suck. There is a wide range of pacifiers available in the market that includes rings & rattles. They are also known as teethers, soothers, and dummies and are available with silicone, rubber teat, latex, plastic & silicone mouth handle, or shields. Rubber & Latex pacifiers are comparatively natural, softer, & flexible than silicone pacifiers. Though, the pacifiers made of silicone last longer than latex pacifiers.The rising birth rate, affordability of pacifier and shifting lifestyle are contributing to the growth of the baby pacifier market. The pacifiers help babies to keep calm & provide them more comfort and, thereby motivating parents to buy them for their babies. Along with that, the increasing population of working women has also positively affected the market demand. However, using the pacifiers on a regular basis can cause infections in babies, which is anticipated to hinder the growth of the market over the forecast years. Some Determinants like increasing awareness about pacifiers in emerging nations & utilization of technology in pacifiers will provide new growth avenues for the market.The rising disposable income of parents contributes to the increasing demand for baby pacifiers. With the increasing disposable income, the purchasing power of customers also increases which make them spend more on different products. Due to this rise in purchasing power, parents are creating more demand for different variety of baby products like toys, diapers, baby pacifiers, wipes, and feeding accessories. In addition, parents are getting aware of the importance of using these baby care products that is why they are spending heavily on buying these products. Thus, the increasing disposable income of parents is supporting the demand for baby pacifiers that further contributes to the growth of the market during the forecast period.Type OutlookBased on Type, the market is segmented into Single-piece and Multiple-piece. The one-piece baby pacifier segment procured the highest market share. The one-piece baby pacifier is broadly accessible across the world and is very economical. The one-piece baby pacifiers are crafted from a single molded piece of silicone, plastic, or latex. These single-piece pacifiers cannot tear apart easily which further reduces the risk of choking due to their design.Size OutlookBased on Size, the market is segmented into Small, Medium and Large. The small-size pacifiers witnessed the highest market share. Small-size pacifiers are used for infants who are below 6 months. This segment emerged as the leading segment because it is recognized as an important baby care product for the new born babies. Moreover, these small-size baby pacifiers are mostly made up of silicone that is tested by FDA. The one-piece baby pacifiers are among the primary kind of baby pacifiers which come under the category of a small-sized pacifier.Distribution Channel OutlookBased on Distribution Channel, the market is segmented into Offline and Online. Under this segment, the offline channel garnered the major revenue share due to the increasing sales of pacifiers through offline stores. These offline stores help in providing a wide range of baby care products among the branded and private-labelled categories. The option of checking out the product before the final purchase in these offline stores is supplementing the growth of this segment.Regional OutlookBased on Regions, the market is segmented into North America, Europe, Asia Pacific, and Latin America, Middle East & Africa. Among all the regions, Asia-Pacific emerged as a leading region of this market. The growing number of infants in Asia-Pacific is propelling the growth of the market. There are factors like increasing disposable income of customers along with the increasing infant population & rising urbanization, which are positively supporting the growth of the regional market.The market research report covers the analysis of key stake holders of the market. Key companies profiled in the report include Koninklijke Philips N.V., Newell Brands, Inc., Baby Shusher, LLC, Doddle & Co. LLC, MAM Babyartikel GmbH, The Natural Baby Company, Natursutten ApS, The White Company (Bectin Corporation), Trebco Specialty Products, Inc. (WubbaNub), and Mayborn Group Limited. Unique Offerings from the Publisher Exhaustive coverageHighest number of market tables and figuresSubscription based model availableGuaranteed best priceAssured post sales research support with 10% customization free Key Topics Covered: Chapter 1. Market Scope & MethodologyChapter 2. Market Overview2.1 Introduction2.1.1 Overview2.1.2 Market composition and scenario2.2 Key Factors Impacting the Market2.2.1 Market Drivers2.2.2 Market RestraintsChapter 3. Global Baby Pacifier Market by Type3.1 Global Single-piece Market by Region3.2 Global Multiple-piece Market by RegionChapter 4. Global Baby Pacifier Market by Size4.1 Global Small Market by Region4.2 Global Medium Market by Region4.3 Global Large Market by RegionChapter 5. Global Baby Pacifier Market by Distribution Channel5.1 Global Offline Market by Region5.2 Global Online Market by RegionChapter 6. Global Baby Pacifier Market by Region6.1 North America Baby Pacifier Market6.2 Europe Baby Pacifier Market6.3 Asia Pacific Baby Pacifier Market6.4 LAMEA Baby Pacifier MarketChapter 7. Company Profiles7.1 Koninklijke Philips N.V.7.1.1 Company Overview7.1.2 Financial Analysis7.1.3 Segmental and Regional Analysis7.1.4 Research & Development Expense7.2 Newell Brands, Inc.7.2.1 Company Overview7.2.2 Financial Analysis7.2.3 Segmental and Regional Analysis7.2.4 Research & Development Expense7.2.5 Recent strategies and developments7.2.5.1 Product Launches and Product Expansions7.3 Baby Shusher, LLC7.3.1 Company Overview7.4 Doddle & Co. LLC7.4.1 Company Overview7.5 MAM Babyartikel GmbH7.5.1 Company Overview7.6 The Natural Baby Company7.6.1 Company Overview7.7 Natursutten ApS7.7.1 Company Overview7.8 The White Company (Bectin Corporation)7.8.1 Company Overview7.9 Trebco Specialty Products, Inc. (WubbaNub)7.9.1 Company Overview7.10. Mayborn Group Limited7.10.1 Company OverviewFor more information about this report visit https://www.researchandmarkets.com/r/1bafsx CONTACT: CONTACT: ResearchAndMarkets.com Laura Wood, Senior Press Manager press@researchandmarkets.com For E.S.T Office Hours Call 1-917-300-0470 For U.S./CAN Toll Free Call 1-800-526-8630 For GMT Office Hours Call +353-1-416-8900

  • Lighting Market to Exhibit 4.3%CAGR till 2027; Rising Demand for LED Lights to Accelerate Growth, reports Fortune Business Insights™
    Business
    GlobeNewswire

    Lighting Market to Exhibit 4.3%CAGR till 2027; Rising Demand for LED Lights to Accelerate Growth, reports Fortune Business Insights™

    List of the Companies Profiled in the Market: GE Lighting, Koninklijke Philips N.V, Panasonic Corporation, OSRAM Licht AG, Schneider Electric SE, Cree, Inc., CITIZEN ELECTRONICS CO., LTD, Lumerica,Havells India Ltd, LEDtronics, Inc., Patriot LED, Acuity Brands, Inc.Pune, India, May 10, 2021 (GLOBE NEWSWIRE) -- The global lighting market size is projected to reach USD 163.72 billion by 2027. The increasing usage of LED lights in photography, houses is fueling the market. Besides these LEDs are also used to grow plants at home and research laboratories as these are effective since it uses low energy usage, and is color optimized for the plant’s growth. This information was given by Fortune Business Insights™ in a report, titled, “Lighting Market Size, Share & COVID-19 Impact Analysis, By Lighting Type (LEDs, CFLs, LFLs, HIDs, Halogens and Incandescent), By Application (General, Automotive, Backlighting, Others), by End User (Residential, Commercial and Industrial) and Regional Forecasts, 2020-2027.” As per the report, the market stood at USD 118.33 billion in 2019. It is set to exhibit 4.3 % during the forecast period between 2020 to 2027. Request to Sample PDF Brochure: https://www.fortunebusinessinsights.com/enquiry/request-sample-pdf/lighting-market-101542 COVID-19 Impact. The COVID-19 has affected the growth of the market due to the sudden shutdown of manufacturing units along with the commercial sectors. As per a report by Lighting Industry Association (LIA) during lockdown due to lack of raw materials which are required to manufacture chips, light casing was heavily impacted and this obstructed the market’s growth. However, 89% of LIA members reported that have now recovered 95% of their sales which declined during the lockdown. Segments- General Application to Rise Significantly in Upcoming Years: Fortune Business Insights™ Based on the lighting type, the market is categorized into LED, CFL, LFL, HID, halogens, incandescent, and others. By the application, it is segregated into general, automotive, backlighting, and others. Based on the end-user it is divided into, residential, commercial, and industrial. In terms of geography, the market is divided into North America, Europe, Asia Pacific, the Middle East & Africa, and Latin America. However general application is expected to hold the major market share. In 2019, this segment stood at USD 93.4 billion. Automotive is also rising owing to increase usage of LEDs in Car interior and halogens in the headlights. Report Coverage- This report includes in-depth information about the lighting industry. The data present in it is associated with drastic changes in material usage, novel product launches, and technological advancements. It offers dynamics based on multiple factors, such as opportunities, challenges, drivers, and restraints. In addition to that, it will deliver a complete insight from the supply side respondents related to market share, distribution, and size. To get to know more about the short-term and long-term impact of COVID-19 on this market, Please Visit: https://www.fortunebusinessinsights.com/industry-reports/lighting-market-101542 Drivers & Restraints Rising Construction Activities in Developing Economies to Propel Growth Rising construction activities in developing economies such as India, China, and many African countries have opened up the massive potential for the growth of the artificial light market. Governments in these regions are working to provide homes to underprivileged populations. Thus fueling the market growth. On the other hand, due to stringent government policies, many manufactures are facing difficulties to set new light manufacturing units. Besides, high investment in the R&D sector and reduced availability of raw materials, and lack of advanced manufacturing equipment in developing economies are obstructing the market growth. Regional Insights Asia Pacific to Dominate owing to Presence of Several Local Vendors Asia Pacific is expected to dominate the market in upcoming years owing to increased development in India, China Indonesia, Fiji Malaysia, and Maldives. The market stood at USD 55.84 billion in 2019. Out of these China is expected to hold a major share owing to the presence of several local manufactures. It is also a major exporter of these artificial lights. North America is anticipated to grow at a moderate rate, owing to the presence of several key players in the region. Moreover due to increased urbanization and availability of innovative, energy-efficient products are positively promoting regional growth. Ask for Customization: https://www.fortunebusinessinsights.com/enquiry/customization/lighting-market-101542 Competitive Landscape Key Players Aim to Broaden Product Portfolios by Launching Innovative & Effective Products Leading companies in this market are being shaped by the expansion of operations by key players. The demand for cost-effective and energy-efficient and innovative products has increased in recent years. Thus manufactures are working to come up with environment-friendly as well as of superior quality products to boost the market. For example, in 2016 launched Green Power LED flowering lamp 2.0. This lamp will help to extend daylight or interrupt the night in greenhouses for growers who cultivate strawberries, cut flowers, bedding plants, and cuttings. This method is a cost-effective way for these farmers as it uses less energy. Industry Development February 2019: Cree inc, launched a next-gen XLamp named XP-E2 photo red and far-red. This lamp will provide enhanced service in horticulture. September 2019: OSRAM introduced new lasers named LiDAR( Light Detection Ranging) which will be used in vehicles to see longer distances without any difficulty. List of Key Players Covered in the Lighting Market Report: · GE Lighting· Koninklijke Philips N.V.· Panasonic Corporation· OSRAM Licht AG· Schneider ElectricSE· Cree, Inc.· CITIZEN ELECTRONICS CO., LTD.· Lumerica· Havells India Ltd.· LEDtronics, Inc.· Patriot LED· Acuity Brands, Inc. Quick Buy - Lighting Market: https://www.fortunebusinessinsights.com/checkout-page/101542 Table of Content: Introduction Definition, By SegmentResearch Methodology/ApproachData Sources Executive SummaryMarket Dynamics Macro and Micro Economic IndicatorsDrivers, Restraints, Opportunities and TrendsImpact of COVID-19 Short-term ImpactLong-term Impact Competition Landscape Business Strategies Adopted by Key PlayersConsolidated SWOT Analysis of Key PlayersPorter’s Five Force AnalysisGlobal Lighting Market Share Analysis and Matrix, 2019 Key Market Insights and Analysis, By SegmentsGlobal Lighting Market Size Estimates and Forecasts (Quantitative Data), By Segments, 2016-2027 Market Sizing Estimations and Forecasts – By Lighting Type (Value) LEDsCFLsLFLsHIDsHalogensIncandescent Market Sizing Estimations and Forecasts – By Application (Value) GeneralAutomotiveBacklightingOthers Market Sizing Estimations and Forecasts – By End User (Value) ResidentialCommercialIndustrial Market Analysis, Insights and Forecast – By Region (Value) North AmericaEuropeAsia PacificMiddle East & AfricaLatin America North America Lighting Market Size Estimates and Forecasts (Quantitative Data), By Segments, 2016-2027 Market Sizing Estimations and Forecasts – By Lighting Type (Value) LEDsCFLsLFLsHIDsHalogensIncandescent Market Sizing Estimations and Forecasts – By Application (Value) GeneralAutomotiveBacklightingOthers Market Sizing Estimations and Forecasts – By End User (Value) ResidentialCommercialIndustrial By Country (Value) U.S.Canada TOC Continued. Speak to Our Analyst- https://www.fortunebusinessinsights.com/enquiry/speak-to-analyst/lighting-market-101542 Have a Look at Related Research Insights: Power Tools Market Size, Share & COVID-19 Impact Analysis, By Mode of Operation (Electric, Pneumatic, Others), By Tool Type (Drilling & Fastening Tools, Material Removal Tools, Sawing and Cutting Tools, Demolition Tools, Others), By Application (DIY, Industrial), and Regional Forecast, 2021-2028 Power Distribution Unit (PDU) Market Size, Share and Industry Analysis By Type (Basic PDU, Metered PDU, Switched PDU, Intelligent PDU & Others), By Power Phase (Single Phase & Triple Phase), By Application (Datacenters, Laboratories, Commercial Application & Others) and Regional Forecast, 2019 – 2026 Food Processing and Handling Equipment Market Size, Share & Industry Analysis, By Equipment Type (Processing Equipment, Packaging Equipment, and Service Equipment), By Application (Bakery and Confectionery Products, Meat and Poultry Products, Dairy Products, Beverages, and Others) and Regional Forecast, 2019-2026 Machine Tools Market Size, Share & Industry Analysis, By Technology (Conventional, CNC), By Product (Metal Cutting, Metal Forming), By Application (Automotive, General Machinery, Precision Machinery, Transport Machinery, Others) and Regional Forecast, 2019-2026 Road Transport Refrigeration Equipment Market Size, Share & Industry Analysis, By Install Vehicle (Van & Light Truck, Heavy Truck, Trailer), By Mode of Operation (Single Temperature, Multi-Temperature), By Power Source (Vehicle Powered, Self-Powered), By Application (Food and Beverage Products, Pharmaceutical and Other Healthcare Products, Floral Products) and Regional Forecast, 2019-2026 About Us: Fortune Business Insights™ delivers accurate data and innovative corporate analysis, helping organizations of all sizes make appropriate decisions. We tailor novel solutions for our clients, assisting them to address various challenges distinct to their businesses. Our aim is to empower them with holistic market intelligence, providing a granular overview of the market they are operating in. Contact Us: Fortune Business Insights™ Pvt. Ltd. 308, Supreme Headquarters, Survey No. 36, Baner, Pune-Bangalore Highway, Pune - 411045, Maharashtra, India. Phone: US :+1 424 253 0390 UK : +44 2071 939123 APAC : +91 744 740 1245 Email: sales@fortunebusinessinsights.com LinkedIn: https://www.linkedin.com/company/fortune-business-insights Facebook: https://www.facebook.com/FortuneBusinessInsightsPvtLtd Read Press Release: https://www.fortunebusinessinsights.com/press-release/lighting-market-9300