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Showing posts from November, 2020

The Public Charging Segment Dominated the Global Electric Vehicle Fast Charging System Market

  The public charging segment dominated the global electric vehicle fast charging system market and is anticipated to maintain its dominance throughout the forecast period. This is mainly due to the fact that LDVs are more in number as compared to electric buses, as public charging is mostly used by the electric LDVs, such as electric cars, vans, and pickup truck. Government of various countries, such as India, the U.S., China, and the Netherlands, are deploying highway charger to overcome the need for public charging at highways. APAC dominated the global electric vehicle fast charging system market and is anticipated to uphold its dominance throughout the forecast period. The electric vehicle fast charging system market in APAC is majorly driven by factors, such as growing number of electric vehicles in the region, which further creates high demand for fast charging system. In the APAC region, China is currently the largest market for EV fast charging, as China is the largest mark

Electronic Skin Patches Ensure Early Diagnosis through Remote Monitoring

  An electronic skin patch is a wearable device which adheres to the skin. It is a stick-on patch which can be worn on the body and is capable of collecting, monitoring and transmitting various health metrics such as respiration, temperature, blood glucose, blood pressure, and heartbeat to a smartphone, wirelessly. At present there are three major types of skin patches available in the market, including transdermal patches (drug delivery through skin), remote monitoring (patient vitals and blood glucose), and bioelectric stimulation (chronic pain management). The electronic component of the electronic skin patch includes the electronic functionality including actuators, processors, sensors, and communication, permitting the device to be linked with other devices. The electronic skin patch is ultra-thin and flexible, and designed for next-generation information for communication with the help of microelectronics and sensors by revealing   data about body temperature, UV radiation ab

Technological Constraints Restraining the Growth of the Global Urban Air Mobility Market

Urban air mobility (UAM) is an ideal form of alternate transportation and is expected to be witnessed not too far off in the future. With the roads becoming increasingly congested in cities, researchers are trying to develop better and enhanced means of daily commute for the population for safe travel. Urban air mobility is something that can serve as an advanced way to commute on a daily basis. With the progress of time and technology, urban air mobility witnessed major advancements.   From 2015 to 2019, a number of the testing and development on the use cases of urban air mobility has taken place. Urban air mobility use cases (air taxi, air ambulance, airport shuttle, cargo aerial vehicle, and others) are expected to be introduced by 2024-2025 in the market.   Urban air mobility, as a part of the future urban landscape, can be described as the system that enables on-demand, safe, highly automated, and passenger and cargo-carrying air transportation services in a metropolitan envi

Digital Biomarkers Market - Increasing Cost of Drug Development to Boost Its Growth

  Digital biomarkers are the physiological and behavioral data collected by a body and can be quantified to be measured and analyzed through devices such as wearables, digestible, portables, and implantable. Biomarker discovery is an approach wherein experts from different fields collaborate and study the molecular structure of the body to understand and determine which specific molecular substances can be used to indicate the condition of the body i.e. which body is healthy and which is infected by a disease. The aim of biomarker discovery programs is to identify molecular structures, study them to develop screening tests that can help identify the presence of disease on infection in those molecules and finally develop precise diagnostics tests for commercial use and purpose. In the past couple of years, discovery of several novel biomarkers has enabled researchers to identify a variety of cardiovascular events well in advance. There are different types of biomarkers, including diag

Industrial IoT Helps in Achieving Business Optimization to Assist with Smarter Management Decisions

  With certain technological advancements taking place in the field of digitalization, internet of things (IoT) has significantly revolutionized the way several industries work. The rise of automation in daily tasks has not only reduced industry workload but also improved the overall experience of the users. With the constantly evolving technologies, such as blockchain, 5G, wireless broadband, digital twin, and edge computing, the usage of IoT devices is bound to expand to many more fields of applications and transform all the major industry verticals currently present across the globe. The IoT revolves around the extraction and analyzation of digital data from the physical world to provide actionable insight to users of this device. The launch of IoT devices has offered many significant benefits to the customers. For instance, IoT services when clubbed with sensors and cameras help in monitoring the workplace to ensure equipment safety and protection against physical threats. Simila

In-Silico-Based Drug Technologies Initiated a New Era of Whole Genomic Sequencing in Human Genomics

  In-silico drug discovery methods can help in identifying drug targets via bioinformatics tools. In addition, the methods can also be used to analyse the target structures for possible binding active sites. The use of computational methods and computers permeates all aspects of drug discovery and drug design. The methods are facilitating the access of massive amounts of data generated and transforming the extensive complex biological data into useful knowledge for the drug discovery process. These computational tools offer the advantage of delivering new drug candidates more quickly and at a lower cost. According to the market intelligence published by BIS Research, the in-silico drug discovery market is projected to grow at a significant CAGR of 12.92% during the forecast period, 2019-2029. The global in-silico drug discovery market is undergoing a significant change with regard to the advancements that have already taken place and are currently invading the market space. Additio

COVID-19 Pandemic Triggered the Growth of Global Ventilator Market

  According to the market intelligence published by BIS Research, the global ventilator market was estimated at $1,072 million in 2018. The market is now projected to grow at a CAGR of 7.1% in the pre-COVID scenario by the end of 2026. However, owing to the present scenario COVID pandemic, the demand for ventilators has increased drastically. With the number of novel coronavirus patients increasing daily in the U.S., the demand of ventilators is anticipated to surpass the supply of total production of 2000 ventilators each week. During the last year a total of 77000 new ventilators were projected to fulfill the demand arising out of the coronavirus health crisis however, owing to the myopic vision of the political leaders, lax on the part of government of China, as they failed to update the exact number of patients affected due to coronavirus and the unavailability of the drugs to prevent or treat the infection and the discrepancy in sharing of information with the World Health Orga

Increasing Adoption of Lidar in Construction Applications

  The construction industry is continuously growing and has been witnessing various technological innovations. The construction industry depicts high complexity, steep costs, and low toleration for error, that facilitate the adoption of laser scanning. Lidars have enabled the construction industry to gain 3D models of existing space and build digital plans on those real spaces. Digital collaboration frameworks such as building information modelling (BIM) deliver the value of the scans to every element of a construction team in formats that are best suited to their needs. BIM schematics also provide continuing value to facility maintenance and operation teams. BIS Research Report on Lidar Market Numerous stages of construction projects are scanned for quality assurance, cross-checking with models, and spotting errors. Lidars can also be deployed for quality evaluation of prefabricated materials, allowing an efficient, and cheap evaluation. Furthermore, lidars find applications in 3D