Growing consumer inclination toward home automation and convenience has brought a rise in the adoption of & dependency on various appliances. With increasing focus on house cleaning and organizing, there has been a significant rise in the sales of Vacuum Cleaners, especially across countries like India. 

After the Covid-19 pandemic, people have shown a greater inclination toward cleanliness, due to which the demand for various cleaning products, including vacuum cleaners, has witnessed an upswing. A recent research report published by MarkNtel Advisors reveals that India Vacuum Cleaners Market is set to record a CAGR of around 7.5% during 2022-27. As people are becoming more aware that a dirty & messy household is an open invitation to germs, bacteria, and diseases, their focus is growing on sanitization. 

With constant development in technologies and their integration into vacuum cleaners, cleaning processes have become much more convenient, even for those with a hectic life, having minimum or no time for cleaning & organizing the household. Today, vacuum cleaners are available in different types, including canister, central, drum, robotic, upright, and wet & dry, among others. These cleaners with technology bring features like bag-less cleaners, retractable power cords, robotics, HEPA (High-Efficiency Particulate Air) filtration, cyclonic technology, etc. 

Over the years, initial developments were the utilization of vacuum cleaners from industries to households. Today, the dynamics have changed & the application of vacuum cleaners has evolved and expanded across different sectors. These might include food & beverages, manufacturing, construction, & pharmaceuticals across the industrial sector, hospitals, retail stores, & hospitality facilities across the commercial sector, and household applications in the residential sector. 

Prominent Areas of Application for Vacuum Cleaners

The government of India is also playing a prominent role in fueling the sales of vacuum cleaners owing to initiatives like "Swatch Bharat Abhiyaan," encouraging people to practice cleanliness, which in turn, is augmenting the sales of vacuum cleaners. This escalation in the procurement of vacuum cleaners is observed across different sectors, including industrial, commercial, and residential.

If you are wondering, the residential sector is one of the largest consumers of vacuum cleaners in India. Owing to the massive procurement of these appliances at homes, the leading players are witnessing a presence of growth opportunities to introduce technologically advanced vacuum cleaners with features like navigation, automatic charging, & UV sterilization, among others. It shall also enable them to widen their consumer base and generate substantial revenue in the coming years. Furthermore, with the growing inclination of people toward adopting modern home appliances like smart vacuum cleaners, the industry across India would boom in the future. 

Key Perks Driving the Use of Vacuum Cleaners

As the public is becoming more aware of the benefits of vacuum cleaners, their demand is increasing steadily throughout the country. These perks include the following list:

  • Time & energy efficiency
  • Removes dirt & allergen from air
  • Help in removing pet hair
  • Low-cost investment tool
  • Reduced dirt settlement
  • Delivers flexible utilization around the home
  • Multipurpose

Hence, manufacturers are developing more portable and convenient vacuum cleaners. In fact, the presence of many lightweight cleaners with more complex attachments & features are further bringing ease to cleaning a facility, including floors, furniture, carpets, curtains, and more. 

Therefore, with the rapidly improving economic conditions, & increasing allergies due to dust & dirt among people, alongside mounting consciousness to maintain cleanliness & sanitization at home, the procurement of vacuum cleaners is growing swiftly. 

A Sudden Hike in the Demand for Vacuum Cleaners & their Future

Especially after the Covid-19 pandemic & the shift toward lockdowns, the demand & popularity for vacuum cleaners rose dramatically as the severity of the virus fueled the need for disinfection & sanitization, thereby eliminating the virus traces. Likewise, vacuum cleaners also find extensive utilization across the commercial sector, particularly at hospitals & healthcare facilities. This demand is to attain & ensure cleanliness & hygiene at all times & avoid contamination & infections and maintain a healthy environment.

Due to such factors, the leading players in the vacuum cleaners industry are likely to observe a growing demand influx for these appliances and instigate them to increase their production & distribution capacities across India. Additionally, with support from the government toward cleanliness, the demand for vacuum cleaners would boost sales across industries too. Hence, these aspects hint toward a substantial growth of the vacuum cleaner market in India during the forecast years.

Markntel Advisors July 29, 2022
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With improving economic status & changing living standards, people are becoming more conscious of their health and opting for food with maximum nutrients. Such changes in the eating habits of consumers are showcasing their greater inclination toward consuming superfoods & nutraceuticals. Hence, manufacturers are increasingly focusing on producing such food products to cater to the rising requirements of people across different countries, including Saudi Arabia, where the industry is booming significantly.

Saudi Arabia is experiencing a surging prevalence of lifestyle-based diseases, like cholesterol, diabetes, blood pressure, cardiovascular diseases, etc., due to the high intake of sugary & oily food products, which have been the leading causes of death in the country.

As a result, there's an increasing health awareness among the netizens, i.e., leading to the enhanced adoption of healthy lifestyle practices & nutrient-rich food products, like nutraceuticals. Therefore, considering these aspects, a recent research study published by MarkNtel Advisors has projected around 6.71% CAGR for the Saudi Arabia Nutraceuticals Market during 2022-27.

What are Different Nutraceuticals and their Advantages?

Nutraceuticals are food-derived products that offer nutritional & medicinal benefits to consumers. These products have substantial popularity and are commonly known as designer food, functional & medicinal food, phytochemicals, & nutritional supplements, among others. 

The key ingredients in these products include genetically engineered foods, vitamins & minerals, herbal products, and dietary supplements, among others. Besides, the growing popularity of nutraceuticals is also aided by their high concentration of bioactive compounds derived from a natural source, exhibiting physiological benefits. In fact, in many cases, these food products also help in the prevention & treatment of disease. 

Since nutraceuticals are rich in nutrients, people are increasingly adding them to their everyday foods like processed foods, pre & pro-biotic, fortified cereals, & beverages. Additionally, these products are also viewed as excellent supplemental treatments alongside pharmaceuticals. The key factors attracting the massive interest in these products are the growing awareness among people about the potential nutritional values, affordability, safety, and several therapeutic effects. 

Other prominent perks driving the demand for nutraceuticals among people across Saudi Arabia include the following:

·         Enhanced overall health

·         Energized feeling 

·         Better sleep 

·         Regulated bodily functions

·         Improved skin health

·         Better mental clarity

·         Minimal cravings

As nutraceuticals contribute to maintaining overall health, by meeting the nutritional requirements, it helps the body to repair, grow, and function more effectively. Hence, owing to these perks, the demand for nutraceuticals is rising swiftly across Saudi Arabia. 

How do Nutraceuticals Work with Nutrients & Metabolism?

Nutrients are essential elements in the food, comprising proteins, carbohydrates, fats, vitamins, minerals, and electrolytes, among others, that are required by the body to maintain a healthy metabolism. Metabolism in the body is responsible for making all the chemical reactions in the body convert food into energy. It synthesizes the compounds required by the body cells and maintains the health of the cells & organs. 

When the body has an appropriate & fulfilled amount of nutrients, the body can easily heal & repair quickly. However, if the case is just the reverse, like inadequate nutrient content in the body, it will take a longer time to heal the damages or deal with complications. Such are the situations when nutraceuticals come into the picture and cater to the body's needs by providing all the nutrients to attain optimum metabolic reactions for the proper functioning of the body. 

As more & more people across Saudi Arabia are becoming aware of the importance of maintaining a healthy lifestyle is escalating swiftly, and the demand for nutraceuticals is flourishing across the country. It, in turn, is generating growth prospects for prominent food manufacturers to expand their product portfolio, visibility, & customer base, throughout Saudi Arabia. Moreover, the massive food & beverages sector in the country is also instigating food manufacturers to increase their production & distribution capacities and cater to the rising consumer requirements, which projects profitable opportunities for the Saudi Arabia Nutraceuticals Market in the years ahead.

Markntel Advisors July 26, 2022
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Growing health consciousness among people has become a hot topic across different countries, especially in the Middle East. As the economic conditions of people are improving with their rising disposable incomes, people are showing a greater inclination toward healthy eating habits to maintain their overall health & stamina. What else has gotten massive attention is the growing consumer interest in organically produced food.

As more and more people are becoming aware of the harmful health effects of chemicals in food, there's a significant surge in customer preferences for organically produced goods that are free from any chemicals, toxins, or synthetic preservatives, among others.

As a result, several companies operating in the massive food & beverages industry across the Middle East are actively working on producing organic food & packing them safely for consumption, i.e., surging the demand for organic packaged food across various regional countries. Owing to these aspects, a recent research report published by MarkNtel Advisors has projected around 5.75% CAGR for the Middle East Organic Packaged Food Market during 2022-27.

More & More Demand for Naturally-Derived Food Products

The Middle East is a region with a vast influx of tourists, pilgrims, and migrants. Hence, the region offers a blend of different cultures, traditions, and regimes in their food offering, demonstrating a massive food & beverages industry, catering to the burgeoning population demands. In the same aspect, a large inflow of people seeking organic packaged food is also instigating the industry players to show a greater inclination toward such products rather than conventional ones. 

Moreover, as consumers are projecting a high demand for organic packaged food, the leading players are indulging in fulfilling their needs. In fact, the industry players are adopting new strategies to expand their product portfolio, visibility, and customer base. It includes a widespread availability of these food products on different sales channels, like online and offline stores. 

While offline stores are a primary channel for shopping and have a substantial population, a paradigm shift of the leading players to online channels owing to the growing prevalence of smartphones and the internet is also gaining momentum. People are showing a rise in preference for online mediums for a variety of options, convenience, and easy comparison between products, alongside benefits like exciting offers, great deals, & doorstep delivery services, among others. Consequently, the demand & sales for organic packaged food is growing swiftly across the Middle East. 

Nonetheless, the growing prevalence of health issues and a greater focus on healthy eating are critically catering to the rising demand for organic packaged food in the region. In addition, as people have a hectic lifestyle today with minimum or no time for food preparations, the demand for organic packaged food is gaining massive hype, thereby hinting toward a swift rise of the industry altogether in the future. 

The Middle East is an area of lucrative opportunities for the companies involved in organic packaged food owing to the growing government focus on strengthening tourism and food & beverages industries while diversifying the economy away from the oil & gas sector. The massive influx of tourists & migrants is likely to remain instrumental in increasing food requirements across the region. As a result, regional food manufacturers are actively working on introducing new products and expanding their production capacities in order to increase their customer base & visibility, which indeed projects a profitable future ahead for the Organic Packaged Food Industry in the Middle East.

Markntel Advisors July 25, 2022
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With a swift transition toward higher standards of technological innovations, the world is experiencing several ongoing developments to ensure the safety & maintenance of utility standards across multiple industries. And the application of thermal imaging is one prominent example of utilizing modern technology in order to address & resolve the mounting issues of security, surveillance, & inspection across various fields.

The years after the advent of Covid-19, especially, have displayed a rapid surge in demand for thermal imaging cameras around the healthcare & aerospace sectors, which played a critical role in screening passengers with minimal to no contact and controlling the spread of the virus.

Moreover, the defense sector is another prominent end-user extensively deploying Thermal Cameras in various military vehicles & equipment for monitoring movements in prohibited areas & surveillance around borders. Of all countries, the US is massively investing in its defense sector and employing advanced military equipment, including thermal imaging cameras, for efficiently conducting various surveillance & security operations.

Hence, with these aspects in place, coupled with the continuously growing requirements for these cameras for different operations, a recent research study published by MarkNtel Advisors has revealed that the Global Thermal Imaging Market for Mobility is set to register around 14.1% CAGR between 2022 & 2027.

What’s the Relevance of Thermal Imaging Cameras in Our Lives?

Thermal imaging, as the name suggests, is capturing images of an object or human by measuring the heat dissipated by them. The currently used thermal imaging cameras are known to have the ability to capture images that traditional cameras would not. They are utilized most commonly in the security sector for screening & scanning purposes and also for identifying trespassers, unwanted objects, or materials.

These cameras are also known to produce high-quality images despite challenging environments while carrying additional benefits like high speed, longer life of usage, weatherproof, and so on. Apart from security screening systems, thermal imaging is also deployed across multiple mobile devices, including but not limited to drones & vehicles, wherein they are utilized for search & rescue operations, aerial & utility inspections, and so on.

Some Tips on Purchasing the Right Thermal Imaging Camera

Besides demonstrating correct temperatures and capturing a decent image, a Thermal Imaging camera must exhibit the below-cited characteristics:

·         Accurate in the detection & measurement of temperature differences

·         Precise enough to differentiate between visible & thermal images

·         A wide temperature ranges to determine if there is any discrepancy in temperatures

·         High-resolution for not just detecting normal temperatures but also small air leaks

·         Durable & long-lasting, specifically if it’s likely to be used in challenging situations like securing & monitoring a particular facility

Thermal imaging has already come a long way and now could be utilized extensively in different applications— surveillance, building inspection, automation, or any other thermal activity. Its significance has been well-proved over the years & is constantly undergoing rapid improvements in order to offer better services to its end-users.

With the ability to detect temperatures without the need for any light, thermal cameras have been witnessing a surging demand for law enforcement & security surveillance, especially after the advent of Covid-19 in 2020. The future of the thermal imaging market for mobility seems promising, owing to the growing demand for thermal cameras in different industries for different applications, including automotive diagnostics, military & defense equipment, and security, mainly on account of the cost-efficient maintenance & surveillance they offer.

Markntel Advisors July 23, 2022
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The healthcare sector is witnessing massive investments in bringing innovations to the diagnosis & treatment of various diseases, especially cancer, which has gained prevalence over the years across different countries, including China.

China Colorectal Cancer Market

As a result, to reduce the burgeoning patient pool, the Chinese government is actively taking initiatives to spread awareness among people about the presence of current diagnoses & treatments for dreadful cancers, including colorectal cancers, and conducting numerous R&D activities to bring better therapeutics in order to cater to high unmet needs of patients.

In view of these aspects, a recent research study published by MarkNtel Advisors has revealed that the China Colorectal Cancer Market is likely to expand at around 3% CAGR between 2022 and 2027. While colorectal cancers are deadly and present the worst experience for patients, early-stage diagnosis & treatments can show better outcomes.

Malignant tumors frequently metastasize, especially if diagnosed in the late stages. In colorectal cancer, the tumor occurs either in the colon (large intestine) or the rectum. Most colorectal cancers start as 'polyps,' i.e., a growth on the inner lining of the colon or rectum.

With time, some kinds of polyps might become cancerous, but not all of them can transform into cancer. Surgery, radiation therapy, and drug-based treatments like chemotherapy, immunotherapy, & targeted therapy are the most commonly available approaches to treating colorectal cancer patients.

Key Developments in Addressing the Rising Cases of Colorectal Cancer

With an escalation in the death rates of patients suffering from colorectal cancer, the government of China is actively seeking the development of enhanced and more effective therapeutics for the treatment of colorectal cancer. It, in turn, is projecting a significant rise in the number of research & development activities in existing medications and new research to bring a better success rate. 

Besides, massive expenditure in the healthcare sector, the presence of favourable policies for clinical trials, and the active participation of prominent companies in the research & development for colorectal cancer treatment, the industry is projected to observe a presence of opportunities in the coming years. In fact, numerous pharmaceutical companies would introduce cutting-edge medications to target various colorectal cancer and address the issues. 

Furthermore, development in treatments like immunotherapy and chemotherapy is bringing hope to patients across China. Immunotherapy is the most extensively performed therapy across China and has contributed significantly to the industry expansion. As people are becoming more aware of the availability & effectiveness of these treatments in numerous patients, their demand is rising swiftly across China. 

The Changing Landscape of the Colorectal Cancer Industry in China

The rising patient pool for colorectal cancer in China is surely generating a critical need for significant developments in its diagnosis & treatments, alongside bringing affordable drugs for chemotherapy & immunotherapy, among others, to the market.

Moreover, several prominent companies indulged in developing diagnosis equipment & treatment drugs are actively working on extending their production & distribution capacities to cater to the burgeoning influx of colorectal cancer patients.

Besides, numerous national associations that regulate the quality, content, and after-effects of drugs are prompting the companies to bring effective therapeutics to cancer patients, which altogether projects remunerative prospects for the China Colorectal Cancer Market in the years ahead.

Markntel Advisors July 22, 2022
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It is terrifying when there's the slightest possibility of an explosion sparked by a combustible gas leak. Even oxygen, a non-hazardous gas, can become concentrated in amounts that transcend the commercial levels of environmental safety. As a result, it becomes necessary to deploy gas detection systems at places where gases are produced, transported, or used for manufacturing other liquid or gas products.

North America is known for its proficiency in industrial developments & economic dominance. In the region, the US, Canada, & Mexico have been leading in numerous sectors. With growing environmental issues & climate changes, international forums & organizations have been drawing up guidelines for these countries to ensure minimum damage to the environment & natural resources. It is especially applicable to oil & gas refineries, automobile manufacturing plants, & mining sites, where the workers deal with delicate & highly-dangerous chemicals & gasses. In addition to this is mounting concerns over the safety of the workforce & industrial plants that are infusing the need for gas detection systems to constantly monitor & control gas emissions from various processes in different industries.

Hence, with these aspects in place, a recent research study by MarkNtel Advisors has projected around 8.26% CAGR for the North America Gas Detection Equipment Market during 2022-27, where the leading companies in the market are conducting rigorous R&D to synergize with Industry 4.0 advancements & bring innovations to their product offerings in order to enhance the sensitivity & efficiency of sensors for detecting harmful gases. Several industries across North America are rapidly adopting & integrating smart gas detection equipment into their facilities to ensure real-time monitoring & alerts about gas emissions.

Key Application Areas of Gas Detection Systems

The application of gas detection equipment is critical for monitoring & controlling the situation of a gas leak and notifying specific gas concentrations. This section of the blog underscores the most prominent areas where gas detection equipment is a must. Have a look:

·         Gases that exhibit toxic & flammable properties are produced mainly as a byproduct and commonly in waste treatment facilities. Sulfuric acid, high levels of carbon dioxide, and even concentrations of pure oxygen present a danger. Workers in this kind of industrial environment may not be aware of the buildup of toxic gases until levels attain critical density. Hence, it makes it necessary for these facilities to install gas detection systems equipped with locally placed sensors.

·         On the other hand, an undetected gas leak in the petroleum industry can also pose a severe health risk, as pipelines that haul gases (the byproducts of refining operations) have numerous shut-off valves, junctions, & high-pressure pipes.

·         Furthermore, chemical production facilities are another key application area of gas detection equipment, which constantly look for gasket weakening, storage tank leaks, & air quality. Several sensors placed adjacent to the vulnerable areas of these facilities ensure that no gas leak will go unidentified.

So, what’s next for the Gas Detection Equipment Industry?

After having experienced the aftermath of inadequate gas protection & detection systems, governments of different countries in North America are laying out more stringent regulations for industries to ensure safety. Additionally, health organizations & research institutes are pushing the demand for worker safety & limited work hours in order to control exposure to gas & emissions while ensuring a dignified working environment for employees that do not negatively impact their health.

Moreover, most organizations in the industry are conducting R&D activities for developing cloud-based systems and integrating more advanced sensors into gas detection systems. Hence, these parameters clearly indicate highly lucrative prospects for the North America Gas Detection Equipment Market in the years ahead, where these systems would exhibit shorter response times and enhanced efficiency.

Markntel Advisors July 21, 2022
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 With an accelerating number of instances associated with road accidents & even fatalities, it is becoming crucial to follow safe driving regimes and eliminate the possibilities of such incidents. Yet, it might not always be in the driver's hands to foresee danger, especially in a situation when the vision is compromised.

Hence, to aid such difficulties, automakers have been actively working with different technologies to integrate safer mechanisms into vehicles and eliminate such risks beforehand. It is where LiDAR (Light Detection & Ranging) comes into the picture. LiDAR systems are remote sensing equipment that uses light in the form of a pulsed laser to measure distance and detect any obstruction on the way. Using these systems, drivers can know an obstacle that can't be seen with bare eyes with the help of improved lighting on the road and avoid road accidents or threats.

Such developments are monumental in the industry and are playing a prominent role in reducing road accidents, owing to which the automotive sector has gained popularity & praise for integrating LiDAR systems into vehicles. In fact, a recent research report published by MarkNtel Advisors has cited that the Global Automotive LiDAR Market is set to register a CAGR of around 29% during 2022-27, primarily on the back of stringent vehicle safety regulations across several countries worldwide, technological advancements in passenger safety, and mounting requirements for autonomous & semi-autonomous vehicles.

Key Reasons behind All the Hype for LiDAR in the Automotive Sector

We live in a world where self-driven, autonomous, & electric vehicles are around us, integrated with various modern technologies like Artificial Intelligence (AI), making lives convenient in a plethora of ways. It, in turn, is attracting a massive consumer base by purchasing such technologically advanced vehicles and exercising the benefits of the latest features. It is where the demand for LiDAR systems is also stimulating and observing an upsurge in demand, principally to strengthen safety. 

With the presence of LiDAR sensors, incorporating a sensing mechanism, detecting objects while mapping their depth & distance from the vehicle to avoid any possible clashes is gaining swift popularity. These features are possible by emitting an optical pulse at the target and measuring the characteristics of the returning pulse. The time taken for this calculation ranges anywhere from nanoseconds to several microseconds, creating a 3D understanding of the path to aid passenger & vehicle safety. 

How are Autonomous & Electric Vehicles Sales Influencing the LiDAR Industry?

As the world is moving more & more toward environment-friendly & smart vehicles, including the swift popularity of autonomous and electric vehicles across the world, the demand for advanced features like LiDAR in the latest models of such cars is accelerating rapidly worldwide. It is not just about getting the latest technologies alone, but the benefits it brings along.

Automakers seek LiDAR as a good investment in vehicles, especially when safety is put as the top priority. Therefore, with the growing sales of these vehicles, the demand for LiDAR sensors is likely to witness an upsurge, which in turn, shall positively influence the industry in the future.

Today, with the growing integration of technological advancements and massive investments in the automotive sector, the implementation of LiDAR in self-driving vehicles has played a prominent role in expanding the entire industry. Moreover, numerous research & development activities for bringing technological innovations are also fueling the demand for LiDAR systems in vehicles. The same trend is anticipated to prevail in the coming years, which would present lucrative prospects for both the leading automakers & tech companies and drive the automotive LiDAR industry globally.

Markntel Advisors July 19, 2022
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Technological advancements have definitely brought the world together and made our lives, businesses, & industries much more efficient. With the expansion of resources and commercialization of more & more industries, it has become the goal of companies to make their production processes as cost-efficient & quick as possible.

A noteworthy example of innovations that are making industrial manufacturing processes easier is 3D printers. Though this is a relatively new concept in India, the industry has gained considerable momentum internationally over the last few years. Budding entrepreneurs & tech innovators across India have been given a much-needed push through various government initiatives & substantial funding. The emergence of 3D printing in the country has also been instrumental in generating newer opportunities for designing, prototyping, and even mass production processes across numerous industries. 

Hence, with burgeoning requirements for 3D printers on account of their benefits like ease, expeditiousness, & versatility, coupled with extensive applications across different sectors like the healthcare, electronics, construction, automotive, & aerospace industries, a recent research report by MarkNtel Advisors has revealed that the India 3D Printer Market is set to experience around 25% CAGR between 2022 & 2027.

How are 3D Printers Transforming the Indian Construction Sector?

3D printers, in simple terms, are highly technologically advanced machines used for developing complex & customized products across different industries. They are slowly but surely gaining traction in India's construction industry, wherein both startup companies & big firms are adopting the technology, mainly to address & resolve the housing shortage problems in the country.

India's construction sector hasn't been too resilient in adopting advanced technologies until the Covid-19 pandemic hit us. Since then, the country has been observing a rapid adoption of 3D printers as more & more technology institutes & IITs, among others, are now massively investing in the technology.

The country hosts both local & international manufacturers of FDM (Fused Deposition Modeling) and Resin 3D printers. The fierce competition among these has led to numerous startups exploring a rather unique & intriguing technology, i.e., concrete 3D printing.

The recent developments associated with 3D printing in India's construction industry are remarkable but with future implications. The country depends on IITs for all the research on the feasibility of 3D printing and materials & cost savings achieved. Despite the immense potential, there still exists a need to explore the technology, its advantages, challenges, & its possible applications. Several startups are seeking government support for developing toilets in line with the country's "Swachh Bharat Mission," the approval & facilitation of which would boost the 3D printer industry across the construction sector of India.

On the other hand, with active efforts by the government toward digital manufacturing as a part of its digital economy outlook, concrete 3D printing is very likely to be instrumental in housing developments under PMAY (Pradhan Mantri Awas Yojana), which aims to build around 3 crore houses by 2024 in order to address the housing shortage issues in the country.

Concrete 3D printers are undoubtedly easier to manufacture than metal 3D printers but complex & costlier enough than FDM & Resin 3D printers. With the increasing competition in the steadily growing India 3D printing market, many startups that entered the industry just due to its popularity perhaps witness anonymity, and only those with a robust vision will sustain & gain in the future.

So, what’s next for the 3D Printer Industry in India?

The coming years are likely to generate lucrative prospects for numerous R&D activities in 3D printing technology across different industries in India. It will not only make industrial processes easier but more affordable, alongside various innovations & products, coupled with entrepreneurial ventures in efficient manufacturing and quality design & prototyping.

Hence, the increasing availability of high-quality digital technologies & manufacturing services is set to give rise to high precision & cost-effective products and production processes and, in turn, boost the India 3D Printer Market in the years ahead.

Markntel Advisors July 15, 2022
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Have you ever wondered why you look so alike to your parents or have some significant similarities with them or your forefathers? It is the DNA! Believe it or not, studying DNA is really interesting, and why not? There is so much that the genomic data enlightens us by exemplifying the functional information of the DNA sequences of different organisms.

Today, with the growing number of health issues and illnesses, healthcare researchers are actively seeking developments & advancements by analyzing & interpreting DNA sequences to understand how DNA differences can affect human health & diseases. As a result of which, a recent report published by MarkNtel Advisors has cited around 11.10% CAGR for the Global Genomic Data Analysis & Interpretation Market during 2022-27. Let's now take a deeper dive into this and understand the importance of analyzing & interpreting genomic data.

Significance & Key Applications of Genomic Data Analysis & Interpretation

Genomic data analysis & interpretation finds extensive application in research, from Omics Data Analysis like Transcriptomic, Microbiomics, & Proteomics, to understanding Population Genomics, Annotation & Gene Expression. In addition, its clinical application scales across Oncology, Rare Diseases, Infectious Diseases, and others like Sexual & Reproductive Health issues.

Besides, genomic data analysis & interpretation is also crucial to identifying various carriers present hereditarily, which might cause disorders, chronic illnesses, & allergies, among others. Accurate data possession & understanding can help detect & prevent the formation of diseased cells in the body.

However, the most prominent need for genomic data analysis & interpretation is seen extensively in its integration into Electronic Health Records (EHRs) to boost various clinical diagnoses, developments in precise medications, and treatment of different genetic disorders. In fact, it also improves the overall conduction of gene research & clinical practices, alongside educating healthcare professionals about genetics, thereby saving treatment time & costs.

On the other hand, genomic data interpretation is considered much more challenging than generating the functional information of DNA sequences. What makes this analysis & interpretation highly popular is their help in the early diagnosis & efficient prognosis of different cancers.

So, what does the future hold for the Genomic Data Analysis and Interpretation Industry?

The healthcare industry is exploring greater ends of DNA sequences, analyzing & interpreting genomic data for research & clinical applications, and witnessing a rising utilization of Next-Generation Sequencing (NGS) in cancer research, reducing sequencing costs, & numerous genomic research initiatives across different developed countries globally. The massively accumulated large-scale molecular & clinical data in recent years has entirely transformed personalized medicine, i.e., an emerging medicine practice that uses a person's genetic information to determine patient-specific therapy.

Hence, as several companies are conducting various research & development activities and investing substantially in the industry, it hints at remunerative growth opportunities for the Global Genomic Data Analysis and Interpretation Market in the years ahead. It is when with the help of more advanced Machine Learning technologies like Artificial Intelligence & Deep Learning, a large amount of genomics data would be able to help address personalized healthcare issues & suggest new therapeutics for the treatment of gene-related disorders.

Markntel Advisors July 12, 2022
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Over the years, with constant drug developments, their manufacturing is increasingly transforming and becoming more based on Biologics, which, after all, represent several opportunities for developing new & more effective drugs & treatments for several lethal & incurable diseases. Yet, what gets the most attention is the challenges associated with the manufacturing procedures of these drugs and the assurance to perform the operations in the most sterile environment & time-sensitive situations.

To meet such needs in this highly competitive industry, several biopharmaceutical manufacturers are actively focusing on developing drugs with more flexibility, greener production lines, fast changeover, & minimal contamination risks. As a result, it has infused the need for single-use pumps in the biopharmaceutical industry globally. A recent research report published by MarkNtel Advisors has cited around 6.21% CAGR for the Global Single-Use Pumps in Biopharmaceutical Market during 2022-27.

Prime Forces behind the Rising Demand for Single-Use Pumps in Biopharmaceuticals

Single-use pumps are adopted extensively in the biopharmaceutical industry principally for processing equipment optimized for biological processes, i.e., playing a prominent role in manufacturing drugs in conditions where the target proteins require analysis and in situations when multiple variations are developed. The most prominent reason behind the rising demand for single-use pumps is their capability to allow multiple trials while developing drugs without any extra time required for cleaning & authenticating drugs.

Another factor backing the substantial rise in demand & utilization of these pumps includes the faster execution of subsequent trials, even when a particular protein is inaccurate, and re-run the same by disposing of the entire line & substituting it with a new one. It, in turn, enables biopharmaceutical companies to attain maximum production.

On the other hand, conventional mechanisms that utilize stainless-steel pumping & processing systems with permanent & multiple-use are highly time-consuming in terms of operation, cleaning, maintenance, & quality checking of pumps. Hence, to cut-short such time consumption, single-use pumps emerged as an ultimate solution for addressing all issues & bringing greater efficiency for biopharma manufacturers.

A Growing Shift from Conventional to Single-Use Pumps in Biopharmaceuticals

Rapid changes in age-specific healthcare & disease patterns are leading to significant advancements in current treatments and the advent of radically new concepts, including cell & gene therapies, which focus on regenerative medicines & disease degeneration. Massive investments by governments of different countries worldwide and the active participation of prominent companies in bringing greater efficiency in biopharmaceutical manufacturing through single-use pumps have helped address several challenges previously faced using conventional mechanisms. As a result, numerous biopharmaceutical companies are extensively adopting single-use pumps globally.

Besides, as industries are constantly witnessing developments and the advent of new technologies, the demand & inclination toward high-quality products is escalating swiftly, especially after the imposition of product quality & consumer safety standards by regulatory bodies toward improving safety. Nonetheless, the constant developments in the biopharmaceutical industry indicate the active participation of several companies & significant investments by governments in the sector, which, in turn, shall help the Global Single-Use Pumps in the Biopharmaceutical Market witness substantial growth in the coming years.

Markntel Advisors July 11, 2022
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As the world has started realizing the importance of using renewable energy sources, solar energy is finding numerous applications across various domestic & commercial sectors, i.e., demonstrating a rising installation of solar panels for electricity generation.

Today, most countries extensively utilize solar energy for power generation through solar photovoltaic systems. With rigorous research & developments in these systems, a wide variety of solar panels, including Thin-Film Solar Cells (TFSCs), are being set up across different regions worldwide. TFSCs are panel systems designed with micro-thick-photon absorbing materials where the solar energy can be deposited on the layers of a flexible substrate to later convert into electrical energy.

What draws the deployment of these systems more is the better affordability of solar-powered electricity generation than non-renewable sources. As a result, a recent research study published by MarkNtel Advisors reveals that the Global Thin Film Solar Cells Market is set to experience around 17.29% CAGR during 2022-27, owing to a plethora of benefits of TFSCs with minimum maintenance.

Key Benefits & Types of Thin Film Solar Cells

Thin Film Solar Cells are, in layman's language, thinner photovoltaic materials that absorb solar energy on a plastic/metal/glass-based thin substrate. Owing to their thick construction, these panels are relatively low-cost & offer excellent energy conversion efficiency. Other benefits like minimal material use, short & quick energy payback period, monolithic integration, large-area modules, low-temperature processes, and transparent modules, among others, are also fueling the popularity of thin-film solar cells across different corners worldwide. Now, let’s look at the major types of Thin-Film Solar Cells:

1.     Cadmium Telluride (CdTe)

Cadmium Telluride (CdTe) panels, the most commonly used thin-film solar cells technology, are made-up primarily of various thin layers— one main energy-generating layer made from CdTe and surrounding layers for electricity conduction & collection.

2.     Amorphous Silicon (a-Si)

Amorphous Silicon (a-SI) solar panels are made up primarily of silicon. However, instead of using solid silicon wafers like in the case of mono- or poly-crystalline solar panels, a-SI panels are manufactured by depositing the non-crystalline form of silicon on a substrate of plastic, glass, or metal.

3.     Copper Indium Gallium Diselenide (CIS)

CIS solar cells are made from ‘Copper Indium Gallium Diselenide,' a material inserted between conductive layers and placed on top of different layers of aluminum, steel, plastic, & glass. A few CIGS panels deploy a flexible backing, and the thin layers enable full-panel flexibility.

Thin-film solar cells hold immense potential to solve issues associated with energy generation using an environmentally-friendly method. The exponentially rising population & rapid industrialization are demonstrating a rising energy consumption & directly influencing the demand for power generation using renewable resources. In addition, as the solar industry has substantial support from governments of different countries, massive investments in technological advancements of solar cells are augmenting the demand for thin-film solar cells. With such factors, the Global Thin Film Solar Cells Market is set to expand at a notable growth pace and witness the active participation of several companies & governments in bringing innovations in these systems over the years to come.

Markntel Advisors July 09, 2022
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