February 2023 – Get News Story

Industry Update: With Recent Success in Pre-Clinical Trials, Innocan Pharma is Poised to Disrupt Multi-Billion Dollar Pharma and Veterinary Industries (CNSX: INNO)

Innocan Pharma’s (CSE: INNO) (FSE: IP4) recent success in animal trials, alongside additional milestones reached over the past few months, position the company for immense growth as an emerging sectorial leader.

Innocan Pharma has positioned itself as an emerging sectorial leader in the pain management industry with its innovative drug delivery platforms and emerging drug technologies. The recent success of the Canine Compassionate Care Trial is a testament to the company’s commitment to developing cutting-edge drug delivery systems.

The veterinary pharma industry is a lucrative market that offers opportunities for nimble competitors. With its focus on improving the lives of animals through innovative drug delivery platforms, Innocan is poised to become a leader in this nascent sector. The company’s recent success in its clinical trial, and the potential for its liposomal CBD injection and other emerging technologies, has set the stage for growth and disruption in the industry.

Innocan’s proprietary drug delivery platforms are a key differentiator in the market. The liposomal CBD injection has demonstrated significant improvements in walking abilities and pain reduction in canines. This formulation has a prolonged effect of more than five weeks, indicating its potential as a solution for chronic pain management. The company’s innovative approach to drug delivery also tackles the low bioavailability of CBD, improving upon current delivery mechanisms.

In addition to veterinary applications, Innocan’s innovative drug delivery platforms and emerging drug technologies have the potential to revolutionize human medicine. The LPT technology ensures precise dosing and a prolonged and controlled release of CBD into the bloodstream, which could provide an effective treatment option for human patients in various fields but more specifically in the field of pain management. This is extremally promising given that the global analgesics market reached a value of almost USD 47 billion in the year 2020 and is further expected to grow at a CAGR of 4% between 2022 and 2027 to reach a value of almost USD 59.5 billion by 2026.

The success of Innocan’s clinical trial has made it a potentially attractive acquisition or partnership target for deep-pocketed competitors looking to capitalize on the growing demand for veterinary-pharma innovation. The company’s commitment to emerging drug technologies and drug delivery platforms is set to disrupt the veterinary pharma industry, making it an attractive opportunity for stakeholders.

The market for veterinary products and services is growing rapidly, and Innocan is at the forefront of developing innovative solutions that improve the quality of life for animals. The company’s focus on emerging drug technologies and drug delivery platforms ensures that it remains competitive in the industry. The potential for its liposomal CBD injection and other emerging technologies to improve human medicine presents additional growth opportunities for the company.

As Innocan Pharma continues to grow, it seems committed to remaining at the forefront of innovation using liposomes, CBD and more. The company’s success in its clinical trial is likely the beginning, and its emerging drug technologies and drug delivery platforms have set the stage for growth and disruption in the industry. As the market for veterinary products, pain management, and pharma continue to expand, Innocan is well-positioned to take a leadership role in this sector.

Read Our Previous Market Commentary Report On The Topic (March 2022), Titled “Innocan Pharma: An Up-and-coming Leader In Cbd Veterinary Solutions” Solutions”: https://www.pesgresearch.com/pesg-fmrt-innocan-pharma-research-report

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PESG Research is a digital thought brand under The Future Markets Research Tank, offering commentary and exploration into the current and future state of the Pharma, BioTech and Sustainability industries. Please be advised that none of our regular or sponsored content is financial advice. Please read our full disclaimers and disclosures: https://www.pesgresearch.com/disclaimers

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How AI Helps Insurance Companies Deliver a Better Experience

AI can help insurance providers minimise their losses whilst accurately calculating customer risk. Here is how it does it.

I recently wrote a post about why insurance companies should consider data consolidation. In that article, I discussed how having your business data in one place could help you make better decisions for your business.

And, at the same time, create a better experience for your customers.

Of course, one might argue that all of that data being streamed into this central “vault” would need to be assessed and analysed to get any value from it.

That’s where artificial intelligence (AI) and machine learning (ML) come into the picture.

Repairer Driven News, a news site for collision repairers, very recently discussed how technology—specifically AI—makes it easier for insurance companies to produce quotes.

Whilst this article discusses auto insurance specifically (given the nature of the publication), what it says is just as easily applicable to other parts of life that require insurance.

Using AI to Calculate Risk

In the past, risk calculations were done manually, based on information provided by the customer. With AI, however, risk calculations can be automated. And, they tend to be more accurate.

Accuracy, as it turns out, is extremely desirable in the world of insurance. That leads to a more logical premium for the customer, which is good for them and the insurance provider.

At the same time, AI is much better at detecting fraud.

Fraud detection requires pattern detection. And, if the fraud is sophisticated enough, humans might not be able to see that pattern. AI, on the other hand, can and will.

According to this article by Business News Daily, machine learning algorithms can detect fraudulent claims with a 75% accuracy rate. Of course, as technology evolves, fraudulent schemes will as well. However, all that means is that data scientists will need to keep up so that AI/ML can keep up as well.

Using AI to Calculate Cost

The article discusses how predictive analysis can determine if a vehicle can be repaired or if it should be written off. It can do that based on information such as the year and model of the vehicle, the type of impact, whether the airbags deployed, and so on.

It also talks about how AI heat mapping technologies can identify which areas of the vehicle were damaged.

With all this information at its “fingertips”, AI can very quickly complete an estimate with no additional help.

In the same way, AI could be used to predict risk and come up with personalised quotes for health and medical insurance, home insurance, pet insurance, and more.

Again, with a better understanding of the cost of treatment or reparations, insurance companies can service their customers better.

Using AI to Mitigate Risk

Safety technology in vehicles is reaching a point where cars can safely (well, more or less) drive themselves. While not all vehicles are autonomous, they do have features that can help human drivers operate a little more safely.

Some of these features, such as parking sensors, rear-facing cameras, and lane detection, can also gather information. This information, in turn, can be processed by AI to help drivers make better decisions; better decisions that lead to fewer collisions.

Helping Insurance Companies Harness the Power of AI and Data

Insurance software providers like Zinnia are offering solutions that help businesses make the most of their data. At the same time, these solutions also help them design better products for their customers, giving them the best experience as well.

For example, Zinnia’s life insurance solutions include data consolidation as well as management. This secure “source of truth” can be used by AI to generate better outcomes for everyone.

And, isn’t that what you want for your insurance business?

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London Landlords Can Justify Higher Rents By Setting Their Rentals Apart

Landlords can take necessary measures to improve their rental home and defy London’s rental market downturn.

London’s rental market is in a deep crisis.

The inflated cost of living, hefty hikes in rents, and the risk of inflation looming over the UK have led to a record exodus of renters, as many plan to move to other parts of the country in search of more affordable accommodation.

The result: rapid cooling in rental home demand leading to a sharp fall in rents.

For landlords whose incomes are getting hard hit by inflated mortage rates, this could be a ‘perfect storm’.

In light of the current state of housing, the London Post has shared a guide for landlords looking to improve their homes’ value to entice more tenants.

How to Increase Your Home Value

Except for the location of your home, there’s a whole lot of things you can do to justify higher rent and increase your profit margin, such as:

Improve Curb Appeal

Improving the curb appeal for a rental property is a great marketing strategy for homeowners looking to draw the attention of prospective tenants.

One of the best yet affordable ways to boost the marketing of your rental property is to spruce up your building’s paint job with a new colour or a fresh coat. Nothing says quirky quite like a bold colour. A brilliant splash of colour makes the exterior of a property visually appealing, thus attracting more prospective tenants to land on your advertisement. However, you don’t need to turn your grey and white house into pink and blue. Brightening up the siding, mailbox, or front door can help bring in a bit of character to even a basic palette.

Apart from that, well-manicured landscaping, a squeaky clean exterior, attractive lighting, a high-tech entrance, etc., can help improve your rental property’s curb appeal.

Add Luxurious Fixtures

To increase your home’s appeal to high-net-worth renters, upgrading to luxury fittings and fixtures is always a sensible investment.

Adding deck lighting, upgrading bathroom fixtures, replacing outdated bathtubs for designer tubs, etc., are a few ways you can create a buzz around your property.

Boost Your Online Presence

Advertising your rental property is critical, with at least 73% of prospective tenants turning to online sources for their search.

With digital marketing, you can add an upswing to your renter selections while also minimising empty rental periods.

For landlords who want to be less hands-on yet need professional marketing for their homes, hiring a real estate service like award-winning Quintessentially Estate is a sensible business decision.

Combining a multi-faceted, multi-channel property advertising approach with a thought-out marketing strategy, a professional service ensures a client’s property gets maximum traction on rental sites.

On top of that, high-end real estate services frequently collaborate with blue-chip and leading relocation businesses to ensure landlords get access to a greater pool of high-calibre renters.

Make Sure You Have All Relevant Checks Up to Date

As a landlord, you have a spectrum of compliance obligations to adhere to, and it grows year by year.

Ensuring all regulatory compliance checks are up to date is a legal requirement that ensures your renters are safe in a home that’s energy efficient and offers deposit protection, fire and gas safety, and more.

Failing to meet regulatory compliance can lead to hefty fines or charges, so it’s not something to skirt around.

Being transparent and explaining everything to your renters is an impactful approach that exhibits your care for your property.

Wrapping Up

Even though the current economic upset and soaring rents are forcing tenants to leave London, landlords can maximise their property value by following the home improvement tips featured above.

PhD Success AE Introduces VIVA Preparation: What Happens Behind Closed Doors?

“The viva voce, short viva or defense, is an oral examination of the PhD candidate on their thesis.”

You will face at least two experts who act as examiners, and whose task is to check whether the thesis represents the student’s own work, whether or not the student can competently talk about it and explain or defend the choices made, whether the presented work is sufficient in novelty, quality, and scale, and that the data, the experiments, and the analysis support the drawn conclusions.

Dubai, UAE – Feb 28, 2023 – PhD Success AE has announced the introduction of viva preparation for thesis defense. The intention to have these services offered is to help students to understand what to expect, what happens, and how to better prepare for the viva.

PhD Success AE has been providing exceptional phd research and thesis defense services for over 12 years, with unparalleled success. Viva preparation is meant to support students so that they are able to show examiners the grasp of the different aspects of their projects, and PhD success has been there to guide students in the right direction.

Through the viva prep sessions, PhD Success experts guide students on how to present their submitted work to a panel of experts synonymous with the panel of examiners at live viva sessions. This is after an in-depth close quarter discourse on the content of their documents – wherein, they get to examine the different chapters and evaluate their strengths and weaknesses.

In preparing for viva, it is essential to understand the basics: what the research is about, what the student did, what the findings were and what impact that has made. Step by step, PhD Success has supported students to work from general, to research context, to the methodology, analysis, outcomes and findings.

At the end of it all, the preparation sessions provided by PhD Success have enabled students to be better at preparing answers both in summary and in-depth.

The ability to practise summarising the key points, study findings, the methodology, and the reasons behind the selected strategy is key to ensuring excellence when undertaking viva examinations and PhD Success has crafted a systematic way to achieving that.

PhD Success has been at the forefront of providing executive research services in Dubai. Dr. Michael Literati, an established multidisciplinary expert with a solid multidisciplinary research assistance experience spanning 12 years, has been privileged to work closely with professors and scholars alike from universities in the UAE, including but not limited to renowned United Arab Emirates University in Abu Dhabi, British University in Dubai, Canadian University in Dubai, Emirates University, Khalifa University, American University of Sharjah, and Zayed University among others.

For more information about preparing for the viva, send your enquiries to PhD Success AE.

About the Organisation

PhD Success AE has been the leading experts in PhD research development, coordination, advisory, writing, and review services in the UAE.

Send an inquiry for consultation.

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Green Matters Technologies Announces Tamas Jozsa as Chief Operating Officer

To support their rapid growth, Green Matters Technologies is promoting Tamas Jozsa from VP of Operations to Chief Operating Officer, effective immediately.

GREEN MATTERS TECHNOLOGIES COO ANNOUNCEMENT

Green Matters Technologies Inc announces the promotion of Tamas Jozsa from Vice President of Operations to Chief Operating Officer (COO), effective immediately.

Tamas has been with Green Matters for almost two years and has been instrumental in the growth of developing and manufacturing their innovative green technologies.

With 25 years of engineering and management experience, Tamas excels in leading organizations and teams to deliver superior value to clients while driving sustainable growth. Throughout his career, he has held executive roles in R&D engineering, operations, manufacturing, and management with an extensive development list of innovative designs and product launches in different industries internationally. Tamas brings to Green Matters a broad, multi-disciplinary body of engineering knowledge combined with proven strategies to develop profitable designs, and highly successful, data-driven manufacturing processes.

Tamas possesses the rare ability to think, plan, and execute strategically while exemplifying a spirit of helpfulness and encouragement. He embodies Green Matters core values and continues to build a culture of excellence and honour within the engineering team.

Green Matters CEO Michael Caetano commented on the promotion: “Tamas has played a key role in getting us to where we are today, and as Green Matters continues to grow, Tamas’s engineering and operations expertise will be a key driver in building and maintaining our future success. We are incredibly fortunate to have Tamas as part of our senior executive team.”

About Green Matters

Green Matters Technologies creates innovative and disruptive technology solutions in the HVAC (Heat, Ventilation, Air Conditioning) marketplace that are environmentally sustainable and commercially viable. Their “Zero Emission” product lines enable businesses to significantly reduce their carbon footprint while at the same time, deliver substantial energy savings. Moving forward, the company continues to focus their efforts in diversifying their portfolio of clean development solutions in various sectors.

Green Matters Technologies corporate offices and manufacturing facilities are in Langley, just outside of Vancouver, Canada.

www.greenmattersinc.com

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Antimicrobial Textile Market Size to be Worth $14.7 billion by 2026, MarketsandMarkets™ Study

“Browse 105 market data Tables and 32 Figures spread through 140 Pages and in-depth TOC on “Global Antimicrobial Textile Market””

Antimicrobial Textile Market by Active Agents (Synthetic Organic Compounds, Metal & Metallic Salts, Bio-based), Application (Medical Textiles, Apparels, Home Textiles), Fabric (Cotton, Polyester, and Polyamide), and Region

Antimicrobial textiles are fabrics that have been treated with chemical agents, natural or synthetic materials, or coatings to prevent bacteria, moulds, fungi, and other microorganisms from growing. These textiles are widely used in medical settings, such as hospitals, where hygiene is critical. They are also used to prevent odour and staining caused by bacteria and microorganisms in products such as bedding, clothing, and footwear. As more people become aware of the potential health risks associated with exposure to bacteria and other microorganisms, demand for antimicrobial textiles is increasing. Furthermore, the rise of “smart fabrics,” or fabrics that can detect and respond to changes in their surroundings, is driving demand for antimicrobial textiles.

The global antimicrobial textiles market size is projected to grow from USD 10.7 billion in 2021 to USD 14.7 billion by 2026, at a CAGR of 6.5% from 2021 to 2026. Antimicrobial textiles are fiber-based substrates on which an antimicrobial agent is either coated or incorporated, to either kill or inhibit the growth of microorganisms. Antimicrobial textiles is widely used and preferred in various applications such as sportswear, protective wear, curtains & drapes, carpets, surgical supplies & wipes, bedding, intimates, and footwear.

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Based on end-use industry, medical textile segment is projected to be the larger segment in the antimicrobial textiles market. The medical textiles industry is a major consumer of antimicrobial textiles as most of the HAIs are transmitted through textiles. As healthcare associated diseases are increasing in a number of hospitals, it is very important to protect medical devices as well as clothing used in the hospital. Antimicrobial products should be integrated into every device and fabric of healthcare so that they resist the growth and spread of microbes and be odor-free. In the medical industry, the demand for antimicrobial textiles is high for attire, surgical supplies & wipes, sheets & blankets, and others.

The antimicrobial textiles market is studied for five regions, namely, North America, APAC, Europe, Middle East & Africa and South America. The Europe region accounted for the largest market share in 2020, in terms of both value and volume. Furthermore, the market for antimicrobial textiles in the APAC region is projected to grow at the highest CAGR from 2021 to 2026, in terms of both value and volume.

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The antimicrobial textiles market has thousands of companies that thrive in their domestic market. A few of the major players are, Milliken & Company (US), PurThread Technologies (US), Trevira GmbH (Germany), Thai Acrylic Fiber Co. Ltd. (Thailand) and Vestagen Protective Technologies, Inc. (US), among others. These players have adopted various growth strategies, such as mergers & acquisitions, and expansions, to increase their market shares and enhance their product portfolios.

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The B2B economy is witnessing the emergence of $25 trillion of new revenue streams that are substituting existing revenue streams in this decade alone. We work with clients on growth programs, helping them monetize this $25 trillion opportunity through our service lines – TAM Expansion, Go-to-Market (GTM) Strategy to Execution, Market Share Gain, Account Enablement, and Thought Leadership Marketing.

Built on the ‘GIVE Growth’ principle, we work with several Forbes Global 2000 B2B companies – helping them stay relevant in a disruptive ecosystem. Our insights and strategies are molded by our industry experts, cutting-edge AI-powered Market Intelligence Cloud, and years of research. The KnowledgeStore™ (our Market Intelligence Cloud) integrates our research, facilitates an analysis of interconnections through a set of applications, helping clients look at the entire ecosystem and understand the revenue shifts happening in their industry.

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Green Ammonia Market worth $17.9 Billion by 2030

The global green ammonia market is expected to grow from USD 0.3 billion in 2023 to reach USD 17.9 billion by 2030, at a CAGR of 72.9% during the forecast period.

The global Green Ammonia Market is projected to reach USD 17.9 billion in 2030 from USD 0.3 billion in 2023 at a CAGR of 72.9% according to a new report by MarketsandMarkets™. The Green Ammonia Market has promising growth potential due to the rising deployment of fuel cell vehicles.

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Power generation to witness fastest growth rate in Green Ammonia Market

The Green Ammonia Market, by application, is divided into power generation, transportation and industrial feedstocks, wherein industrial feedstocks accounts for the largest share. Power generation is the fastest growing segment during the forecast period. The growth is attributed to the increasing number of deployments of alkaline water electrolysis for small scale power generation applications in Europe and Asia Pacific.

Alkaline water electrolysis expected to dominate Green Ammonia Market

The alkaline water electrolysis segment holds the largest share of the Green Ammonia Market. The large market share can be attributed to the increasing number of large scale projects for the green hydrogen production.

Europe expected to dominate Green Ammonia Market during forecast period

In this report, the Green Ammonia Market has been analyzed for four regions: Europe, Asia Pacific, North America and the rest of the World. Europe is a significant contributor to the Green Ammonia Market in the current scenario of electrolysis technology, owing to the rapidly increasing cost-competitiveness which enables consumers to have access to clean electricity.

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Key Market Players:

To enable an in-depth understanding of the competitive landscape, the report includes the profiles of a few of the top players in the Green Ammonia Market.

The Green Ammonia Market is dominated by a few major players that have a wide regional presence. The leading players in the Green Ammonia Market are Siemens Energy (Germany), NEL ASA (Norway), ThyssenKrupp AG (Germany), ITM Power (UK), YARA International (Norway), and BASF SE (Germany) and others.

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Lubricating Oil Additives Market to Garner $20.4 billion Globally by 2026 at 2.3% CAGR| MarketsandMarkets™ Study

“Browse 332 market data Tables and 75 Figures spread through 308 Pages and in-depth TOC on “Lubricating Oil Additives Market””

Lubricating Oil Additives Market by Type, Application (Engine Oil, Hydraulic Fluid, Gear Oil, Metal Working Fluid, Transmission Fluid, Grease, Compressor Oil), Sector (Automotive & Industrial), and Region

Lubricating oil additives are chemical compounds that are added to base oil to improve its lubricity. These additives are used to reduce friction and wear, improve oxidative stability, reduce foaming, and protect against corrosion and rust. Detergents, dispersants, viscosity index improvers, antioxidants, and anti-wear agents are the most commonly used additives.

The lubricating oil additives market size is estimated to be USD 18.2 billion in 2021 and is expected to reach USD 20.4 billion by 2026, at a CAGR of 2.3% during the forecast period. Lubricating oil additives are used to enhance the performance of lubricants and functional fluids. Each additive is selected for its ability to perform one or more specific functions in combination with other additives. Selected additives are formulated into packages to use with specific base stock and application. Engine oils is the largest application of lubricating oil additives.

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Based on type, the lubricating oil additives market is segmented as viscosity index improvers, dispersants, detergent, anti-oxidants, anti-wear agents, rust & corrosion inhibitors, friction modifiers, extreme pressure additives, pour point depressants, and others. Viscosity index improvers is estimated to have a larger share in the lubricating oil additives market followed by the dispersants. Anti-oxidants are the fastest leading type of lubricating oil additives. Anti-oxidants are additives that help increase the oxidative resistance of base oil and also allows the lubricants to operate effectively at higher temperatures. The anti-oxidants used as additives are zinc dithiophosphate (ZDP), alkyl sulfides, aromatic sulfides, aromatic amines, and hindered phenols.

Based on application, the lubricating oil additives market has majorly been segmented into engine oil, hydraulic fluid, gear oil, metalworking fluids, transmission fluid, grease, compressor oil and others. The lubricating oil additives market size for engine oil applications accounted for the largest share of global lubricating oil additives, in terms of value, in 2020. The market of lubricating oil additives for engine oil has been driven by the developing economies of APAC. North America and Europe are now embarking on the use of SAPS Engine oil with low viscosity, which has higher dosing of additives than normal engine oil.

Based on sector, the lubricating oil additives market has majorly been segmented into automotive and industrial sector. The lubricating oil additives market size for automotive sector accounted for the largest share of global lubricating oil additives, in terms of value, in 2020. The market of lubricating oil additives for automotive sector has been driven by the complex engines and advanced lubricants. It is also being driven by stringent regulation in the developed economies of North America, Europe and APAC.

On the basis of region, APAC is estimated to be the largest market for lubricating oil additives in 2020. APAC accounted for the largest share of 36.3%, in terms of value, of the global lubricating oil additives market in 2020. The lubricating oil additives market in APAC is also projected to register the highest CAGR, in terms of value, during the forecast period. The rising awareness regarding the advantages of lubricating oil additives plays a key role in the growth of lubricating oil additives market in the region. The increasing emission norms in the developing nations, including China and India, are expected to further drive the lubricating oil additives demand during the forecast period.

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The key market players profiled in the report include BASF SE (Germany), Chevron Oronite Company LLC (US), The Lubrizol Corporation (US), Afton Chemical (US), Evonik Industries AG (Germany), LANXESS AG (Germany), Croda International Plc. (UK), Infineum International Limited (UK), ADEKA CORPORATION (Japan), BRB International (Netherland), International Petroleum and Additives Company (IPAC) (US), Tianhe Chemicals (China), Vanderbilt Chemicals, LLC(US), MOL-LUB Ltd. (Hungary), Eni S.p.A. (Italy), Clariant AG (Switzerland), Jinzhou Kangtai Lubricant Additives Co., Ltd. (China), Eurolub GmbH (Germany), Wuxi South Petroleum Additives (China), Dorf Ketal (India), Cerion Nanomaterials (US), Shamrock Shipping and Trading Ltd. (Cyprus), Jinzhou Runda Chemical Co., Ltd. (China), MidContinental Chemical Company(US), and Wynn’s (US). They have adopted strategies such as new product launches, mergers & acquisitions, and expansion in order to gain an advantage over their competitors.

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Ultrasound Needle Guides Market Size 2027 Global Industry Revenue, Business Growth, Development Strategy, Trends, Demand and Applications

“The APAC market is expected to grow at the highest rate during the forecast period. Factors such as the rising prevalence of target diseases, and the ongoing trend of device miniaturization.”

Becton, Dickinson and Company, commonly known as BD, develops and sells a wide range of medical devices and laboratory appliances. The company operates through three major business segments, namely, BD Interventional, BD Medical, and BD Life Sciences.

The report “Ultrasound Needle Guides Market by Type (Reusable, Disposable), Application (Tissue Biopsy, Fluid Aspiration, Nerve Block, Regional Anesthesia, Vascular Access), End User (Hospitals, Clinics, ASC, Diagnostic Imaging Centers) – Global Forecast to 2027″, is projected to reach USD 369 million by 2027 from USD 274 million in 2022, at a CAGR of 6.1%. Ultrasound needle guides are becoming essential tools in a variety of medical procedures. They are used to guide needles into a precise location in the human body, such as a tumor or organ, during a surgical procedure. The global ultrasound needle guides market is expected to experience significant growth over the next few years due to advancements in technology and increased demand for minimally invasive surgical techniques.

In this report, we will discuss the various factors driving growth in the ultrasound needle guides market. We will also look at the different types of ultrasound needle guides available and their applications in various medical procedures. Finally, we will discuss the current market size and future market projections for this emerging sector.

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Objectives of the Ultrasound Needle Guides Study:

To describe, analyze, and forecast the ultrasound needle guides market by type, application, end user, and region.
To describe and forecast the ultrasound needle guides market for key regions, namely, North America, Europe, the Asia Pacific, Latin America, and the Middle East & Africa.
To provide detailed information regarding the drivers, restraints, opportunities, and challenges influencing the growth of the ultrasound needle guides market.
To strategically analyze the ecosystem, regulations, patenting trend, value chain, supply chain, Porter’s five forces, technologies, key stakeholders and buying criteria, and prices pertaining to the market under study.
To strategically analyze micromarkets with respect to individual growth trends, prospects, and contributions to the overall market.
To analyze market opportunities for stakeholders and provide details of the competitive landscape for market players.
To profile key players and comprehensively analyze their market shares and core competencies in the ultrasound needle guides market.
To analyze competitive developments such as investments, acquisitions, and R&D activities in the ultrasound needle guides market.

The increasing prevalence of chronic conditions such as cancer and cardiovascular diseases has led to the rise in demand for minimally invasive surgical procedures. Ultrasound needle guides are ideal for such procedures as they can accurately guide a needle into a precise location in the body without causing any damage to the surrounding tissue. This reduces the risk of complications and helps improve the success rate of the procedure. Additionally, the use of ultrasound needle guides has enabled medical practitioners to perform complex surgeries with greater accuracy and precision.

Advances in ultrasound technology have also contributed to the growth of the ultrasound needle guides market. Newer ultrasound systems are able to provide real-time imaging of the target area, which helps medical professionals guide their needles precisely. This, in turn, has increased the demand for ultrasound needle guides and is expected to drive growth in the market.

The global ultrasound needle guides market is divided into three major segments based on type: disposable, reusable, and fully automated. Disposable ultrasound needle guides are the most commonly used type and are typically used for single-use applications. Reusable ultrasound needle guides are used for multiple uses and are typically more expensive. Fully automated systems are the most advanced type of ultrasound needle guides and are used in specialized medical procedures.

The various applications of ultrasound needle guides include biopsy, ablation, nerve block, and pain management. Ultrasound needle guides are also used in cosmetic and aesthetic procedures such as liposuction and laser hair removal.

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Ultrasound Needle Guides Market Dynamics:

Drivers:

Increasing prevalence of target diseases
Increasing preference for minimally invasive biopsies
Increasing adoption of ultrasound imaging
Advantages offered by needle guides

Restraints:

Risk of infections associated with use of aspiration and biopsy needles
Limited reimbursement in developing countries

Opportunities:

Growth opportunities in emerging economies

Challenges: Limited number of skilled medical professionals

Key Market Players:

The prominent players in the ultrasound needle guides market are Roper Technologies (CIVCO Medical Solutions) (US), Aspen Surgical (US), FUJIFILM Holdings Corporation (Japan), Siemens Healthineers AG (Germany), Becton, Dickinson and Company (US), Argon Medical Devices (US), Hologic, Inc. (US), Remington Medical Inc. (US), Geotek Medical (Turkey), InnoFine (China), KOELIS (France), Rocket Medical (China), BIRR (Netherlands), IZI Medical (US), Sheathing Technologies, Inc. (US), weLLgo Medical Products GmbH (Germany), and Advance Medical Designs, Inc. (US).

Recent Developments:

In April 2022, Audax Private Equity has invested in Aspen Surgical. This investment has helped Audax to support Aspen as it pursues imminent organic growth and larger-scale acquisition opportunities to expand globally as a leading provider of single-use surgical products to acute care and surgical settings.
In March 2021, Aspen Surgical has acquired Bluemed Medical Supplies. The acquisition of BlueMed has strengthened Aspen’s broad portfolio of surgical disposables and patient and staff safety products sold in the acute care market.
In November 2020, Aspen Surgical has acquired Protek Medical Products. The acquisition of Protek has strengthened Aspen’s broad portfolio of medical and patient & staff safety products sold in the hospitals and surgery centers markets.

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To view the original version on ABNewswire visit: Ultrasound Needle Guides Market Size 2027 Global Industry Revenue, Business Growth, Development Strategy, Trends, Demand and Applications

Sell My House For Cash Expands Into All Texas Markets Enabling Homeowners To Sell Their Homes Fast and Efficiently

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Media Contact
Company Name: Sell My House For Cash
Contact Person: Jerry Henry
Email: Send Email
Phone: 214-347-7020
Address:4504 N Central Expy
City: Dallas
State: Texas 75206
Country: United States
Website: https://www.sellmyhouseforcashtx.com/