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End Stage Renal Disease Market: By Size, Supplier, Demand Analysis

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The End-Stage Renal Disease Market is expected to grow at a CAGR of around 10% during the forecast period.

The current coronavirus disease 2019 (COVID-19) pandemic is forcing unprecedented changes in daily life people. During this time, many patients are under lockdown, and the nephrology community has been forced to adapt quickly to this new reality. Patients on dialysis are at especially high risk of COVID-19 exposure due to the widespread use of public transportation and densely packed clinical spaces. Under the 2018 Bipartisan Budget Act, the Centers for Medicare & Medicaid Services (CMS) allowed patients on home dialysis to choose to have their monthly end-stage renal disease (ESKD) clinical assessments through telehealth resulted in an increased demand for home dialysis across the globe. According to a report published in April 2020, the Rogosin Institute, an independent dialysis provider affiliated with New York-Presbyterian Hospital with a home dialysis population of 210 patients, out of which 150 were on peritoneal dialysis (PD) and 60 on home hemodialysis (HHD). COVID-19 has a major impact on the kidney of the patients. According to National Kidney Foundation, in April 2020, 37% of COVID-19 cases involve the kidneys, and Acute Kidney diseases have an incidence of 50% in hospitalized COVID-19 patients.

The end-stage renal disease market is driven by increasing the number of patients suffering from chronic kidney disease. According to the National Kidney Foundation, approximately 10% of the global population suffers from chronic kidney disease and millions die each year. The rate of patients with Chronic Kidney disease is increasing. According to the report published in The Lancet journal in February 2020, over 40% of people required dialysis who have severe chronic kidney disease.

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Another factor is the introduction of technologically advanced products like low-maintenance dialysis equipment and artificial kidney. In March 2021, Baxter International Inc. announced U.S. Food and Drug Administration (FDA) clearance of its next-generation Artificial Kidney 98 dialysis machine, which is designed to be a portable and easy-to-use system to administer hemodialysis (HD) treatmentst. This indicated that companies are taking initiatives to the establish strong footprint and launch of technologically advanced products in the market

Additionally, there is a higher prevalence rate for diabetes, that leads to cause end-stage renal disease in long run, which may drive the market growth. According to International Diabetes Federation, in 2019, around 463 million adults (20-79 years) were living with diabetes and by 2045 it will rise to 700 million. Diabetes is one of the leading causes of kidney failure, which will drive the studied market over the forecast period.

However, delay in diagnosis of chronic kidney disease, may restraint the market grpwth over the forecast period.

Key Market Trends

Dialysis Segment by Treatment is Expected to Witness a High Growth Over the Forecast Period

Dialysis is a procedure that removes waste products from the blood, such as urea and creatinine, as a result of inadequate kidney function. It is frequently required for persons with chronic renal failure. The blood is cleansed, and extra fluid and toxins are eliminated during this operation.

Moreover, the demand for dialysis is expected to increase as the incidence of End-stage renal disease is tremendous increases across the world. The prevalence of the end-stage renal disease (ESRD) is high and increasing at a significant rate. According to The U.S. Renal Data system report of 2020, the number of patients with incident ESRD in 2018 was 131,636, an increase of 2.3% since 2017. Between 2017 and 2018, unadjusted ESRD incidence per million increased by 1.5%, while adjusted ESRD incidence per million increased by only 0.2%. The number of patients with incident ESRD who initiated in-center hemodialysis ranged from 111,000 to 113,000 for the fourth consecutive year in 2018. Meanwhile, the number of patients who initiated peritoneal dialysis and who received a preemptive transplant reached an all-time high of 18,631. Additionaly funding for the dialysis is rising In U.S. according to the American Society of Nephrology.

End Stage Renal Disease Market
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Medical Tricorder Device Market

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Non-steroidal Anti-Inflammatory Drugs (NSAIDs) Market Growth Analysis

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The Non-steroidal Anti-inflammatory Drugs (NSAIDs) market studied is expected to grow with an estimated CAGR of 5.2%, over the forecast period.

COVID-19 has become a major public health problem. In past, there have been inappropriate warnings against the use of these NSAIDs drugs for Covid patients with an increased risk of adverse effects. This led to general confusion among patients and the medical community. The WHO declared in April 2020 that there is no evidence of an increased risk of death with the use of NSAIDs in Covid-19. According to an article by Alessandro Giollo (2021) titled “Coronavirus disease 19 (Covid-19) and non-steroidal anti-inflammatory drugs (NSAID)” it is recommended to patients with chronic inflammatory arthritis to continue the use of NSAIDs until more evidence is available for the risk of using such drugs. Thus the global market of NSAIDs will have a large impact of Covid-19 on the use and prescription of NSAIDs drugs and the future depends on the results of various trials that are ongoing for understanding the effect of NSAIDs on Covid patients.

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Non-steroidal anti-inflammatory drugs (NSAIDs) are among the most commonly used drugs. These are largely used in the treatment of pain and inflammation. The rising burden of chronic pain and inflammation is driving the demand for NSAIDs. NSAIDs are also used broadly for the treatment of chronic inflammatory disorders such as rheumatoid arthritis and spondyloarthritis. They are prefered over other drugs because they’re inexpensive and they help manage the chronic pain, inflammation, and swelling that are characteristic of rheumatoid arthritis. Globally there is an increase in prevalence and incidence rates of rheumatoid arthritis (RA). According to an article by Khalid Almutairi (2021) titled “The global prevalence of rheumatoid arthritis: a meta-analysis based on a systematic review”, The global prevalence of RA in 2019 was 460 per 100,000 population, with variations due to geographical location. According to the Centers for Disease Control and Prevention, by 2040, an estimated 78 million (26%) US adults aged 18 years or older are projected to get diagnosed by arthritis. In view of all the mentioned facts, the NSAIDs Market is expected to witness a significant growth over the forecast period.

However, side effcet caused by use of NSAIDs is a major barrier in the market growth. The major therapeutic actions of NSAIDs are produced by its ability to inhibit cyclooxygenase enzymes (COX-1 and COX-2). The desired effect of NSAIDs’ anti-inflammatory, antipyretic and analgesic response are because of its COX-2 inhibition; while COX-1 inhibition plays a major role in the undesired side effects such as Gastrointestinal and renal toxicities. This is expected to negatively impact the non-steroidal anti-inflammatory drugs market growth.

Key Market Trends

The Arthritis Segment Is Expected To Grow Faster And Dominate The Market Over The Forecast Period

The arthritis segment is anticipated to hold the major share over the forecast period. According to data from the Centers for Disease Control and Prevention, in the United States, by 2040, an estimated 78.4 million (25.9% of the projected total adult population) adults aged 18 years and older will have doctor-diagnosed arthritis. It is also observed that arthritis prevalence increases with age. Severe arthritis is a barrier to physical activity, which is directly associated with obesity, cardiovascular disease, diabetes, and other functional limitations.

NSAIDs are commonly used in patients with chronic inflammatory arthritis. Increasing incidence of arthritis is predicted to accelerate the market for NSAIDs. They are effective anti-inflammatory and analgesic due to their ability to inhibit the biosynthesis of prostaglandins at the level of the cyclooxygenase enzyme. Several drugs of NSAIDs class are in the market and many more are in pipeline. In January 2021, the U.S. Food and Drug Administration approved a generic version of Pfizer‘s Celebrex (celecoxib), an oral medication used to treat inflammation and pain caused by ankylosing spondylitis and other disorders. The generic drug is also indicated to treat osteoarthritis, rheumatoid arthritis, juvenile arthritis, acute pain, and primary dysmenorrhea (pain caused by menstruation). Based on the above-mentioned facts, it is expected that the NSAIDs drug segment will grow over the forecast period.

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Dental Autoclave Market: Industry Insights, Major Key Players

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The dental autoclave market is projected to register a CAGR of 4.8% during the forecast period.

The COVID-19 pandemic has been affecting the growth of various industries since its outbreak, the immediate impact of the pandemic is varied. A few industries continued to remain unaffected by the pandemic and showed signs of promising growth, whereas some industries were highly impacted by the COVID-19 and showed a strong decline in the product demand and disturbance in the supply chain. Initially, the flare of the COVID-19 pandemic showed a strong impact on the dental autoclave market because hospital and dental clinics operations were reduced significantly due to lockdown and social distancing measures taken by governments across the globe. Moreover, the COVID-19 pandemic created a financial burden on the global economy and showed a huge impact on the operations of non-COVID-19 patients in hospitals and dental clinics across the globe. With the pandemic still in the growth phase, it has become difficult to establish a long-term impact on the dental autoclave market, but revenues from digital platforms are expected to witness a considerable gain across the globe.

Moreover, the major factors responsible for the growth of the dental autoclave market include increasing incidences of dental disorder and dental cosmetic surgeries, rising patient awareness levels pertaining to sterilization, and government initiatives towards hygiene policy and sanitization.

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Increase in number of oral health problems such as cavities, malocclusion, fractured, loosened, and knocked out teeth, pulpitis, and impacted teeth, and increase in dental prosthetic surgical treatments is leading the rise in the number of patients visiting hospitals and dental clinics. These incidences have increased the conditions for extreme sterilization, thereby driving the dental autoclave market. Moreover, major oral health problem such as dental carries and growing patient awareness level is propelling the market growth across the globe. For instance, according to Centers for Disease Control and Prevention from 2019, it is found that in United States almost 13.2% of children between 5 to 19 years and 25.9% of adults between 20 to 44 years suffers with untreated dental caries in the United States.

Moreover, increase in advancements in cosmetic dental surgeries, rising prevalence in post treatment infections, and growing detal visit has generated the demand for the advanced sterilization techniques, promoting autoclave as a cost-effective sterilization tool. For instance, in 2018, according to Centers for Disease Control and Prevention, 64.9% of adults aged above 18 years and almost 85.9% of children aged between 2 to 17 years in the United Staates visit dentist each year.

However, lack of awareness about dental hygiene in developing countries and high cost of dental autoclave are expected to restrain the market growth, over the forecast period.

Key Market Trends

The Automatic Dental Autoclave Segment is Expected to Account for the Largest Market Share During the Forecast Period

An automatic dental autoclave is a sterilizer that can be begun with the assistance of a catch. With that press of the catch the water will begin streaming consequently into the chamber, the pointer light will turn on and cleansing will happen. The programmed autoclave will debilitate itself after the disinfection happens with the right boundaries. After this interaction, the drying cycle will begin naturally and show that the cycle is finished and the clinical gear is prepared to utilize. This segment of the market is expected to grow at the fastest rate during the forecast period due to its capability to provide quick and error-free results. The advantages of automatic autoclaves over manual and semi-automatic autoclaves such as time-saving, user-friendly, and failure detection propel the segmental growth of the market. Fully automatic dental autoclave sterilize instruments and maximize the efficiency of instrument cleaning. For example, automatic dental autoclaves like Elara 11D, Midmark m11 Ultraclave, Miniclave 21E, Lina autoclave, etc. are launched by key market players at a competitive price, which is expected to drive the segment growth.

Dental Autoclave Market
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Thailand Compound Feed Market Development Status, Emerging Technologies

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The Thailand compound feed market was valued at USD 8,983.5 million in 2020, and it is projected to reach USD 11,967.6 million by 2026, witnessing a CAGR of 4.2% during the forecast period.

Owing to the COVID-19, the imposition of stringent lockdown by the country’s government across the country has impacted the feed industry severely. Migration of man force resulted the industry to suffer huge labor crisis. The restricted movement resulted in delay on arrival of raw material, which also hampered the quality of the final produces. The COVID-19 pandemic had a significant impact on the country’s poultry industry. Farmers had to cope with the movement restrictions and paralyzed supply chains, leading to large inventories and falling prices. Many farmers and herders were forced to liquidate their assets in order to meet their needs.

By animal type, the poultry segment is found to be the largest contributor to the domestic feed production. According to the USDA (2020), the production of broiler chicken meat in Thailand is expected to increase by 2-3% in 2021. The production of chicken meat is expected to grow further to fulfil the growing export demand as well. The growing domestic consumption and export demand of poultry meat is anticipated to drive the compound feed market in Thailand.

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In January 2020, the Thailand government has allocated a budget of USD 5.03 million under the Free Trade Agreement Fund for the Department of Livestock Development to help the beef cattle farmers increase their product quality and compete globally. This can increase the beef cattle feed production in the country.Therefore, the growing demand for beef and dairy products is expected to boost the demand for compound feed in the country during the forecast period.

Key Market Trends

Rising preferences for the Animal Sourced Food

The demand for higher-value and quality foods, such as meat, eggs, and milk, is increasing, compared to plant-origin foods, such as cereals, owing to the rising demand for larger food varieties and more protein intake. The increasing awareness of the benefits of providing compound feed among growers fuels the demand for compound feed over forage or silage feed.

The shift toward a protein-rich diet, owing to the rising health awareness and the rise in income levels among the population, drives the consumption of meat and other animal-based products. This has resulted in an increased demand for animal-based products, subsequently driving the production of livestock. This livestock is fed using novel methods and products, ensuring an optimum nutrition level and feed conversion ratio.

To satisfy the demand of the meat processing industry, livestock farmers need to produce high-quality and hygienic meat, which is a big challenge. The expansion of the meat product industry has created an opportunity for compound feed, as these feeds boost immunity and enhance the performance of animals by stabilizing the rumen environment. Thus, the rising demand for animal-sourced foods may boost the Thailand compound feed market during the forecast period.

Thailand Compound Feed Market
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The Main Differences Between Traditional and Online Learning

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The education sector has evolved a great deal since the age of the internet. Today, anyone can study for a diploma in the United States through a live seminar or online education courses. We have access to various international career options without the need for any travel between countries. Despite these options, there are many who still prefer the traditional method of attending individual courses on campus. Furthermore, new students may have to choose between the two, and settling on a final choice can be a complex task. Here are the main differences between traditional learning and online learning.

Academic Pacing

Traditional schooling options have a particular curriculum that mandates students to follow a rigid timeline with the same learning and assessment durations for all. Multiple traditional institutions can use a similar curriculum and have the same course schedule and success requirements. But online learning favors flexibility and allows students to follow a field of study at their own pace.

So, if you’re pursuing practical nursing career opportunities via online means, you can determine the duration within which you can complete a program. Online schools often have sections in the admission criteria where students can determine how fast they can take the course. However, the number of credit hours for a particular course may be the same for both online and offline mediums, especially if they’re administered using the same criteria.

Learning Styles

Learning style can be a great way to differentiate between online and offline learning. Traditional education happens in a brick-and-mortar classroom where sessions predominantly feature physical presence. Facilitators offer professional education via face-to-face sessions and often require physical tasks for students to excel. Online learning happens on the cloud. That means students can be anywhere and can take classes anytime, which favors more independent learners with a busy schedule.

For example, self-study CPE courses are becoming popular following the effects of the COVID-19 pandemic. Choosing self-study CPE courses comes with many benefits, including unlimited access to workbook materials and the flexibility to choose individual courses that directly affect your professional growth.

Classroom Requirements

As mentioned, traditional learning favors the convergence of students at a particular time at a specific physical location. Some traditional options favor boarding arrangements, where students learn and stay on a particular site and its surroundings. Students who don’t opt for such arrangements can go to and from home after daily activities.

Traditional institutions need to ensure they have clean rooms for students to study and reside in. The cost of maintaining those rooms and other expenses are all factored into the tuition fees. An online-learning student can partake in lessons from anywhere, including a private room or work office after job duties. The only requirement can be proof of login when online classes are in session. While an online student takes the classes alone, traditional learning can afford students a more collaborative environment. Students can bank on compassion from each other to push individuals toward the finish line.

Grading In traditional learning models, the coordinator is the final authority. Instructors determine what students must do to earn accreditation, licensure, or a degree. Teachers with extensive years of experience can easily identify students who aren’t following and assist them in sitting up. During exams, students get strict supervision to avoid cheating and other malpractices. Often, teachers set a cohort target, and all learners who fall outside after an exam can either repeat the class or the exam. Online learning works along similar lines but with more clarity and transparency. Assessments favor instant grading and reduce room for marking mistakes and wrongful marks allocation.

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Network Emulator Market Insights by Emerging Trends, Growth and Forecast till 2024

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With COVID-19 resulting in the economic fallout, numerous economies are working on game-changing improvements to protect their employees and clients. While focusing on the ongoing challenges, the leaders are embracing new plans in order to manage and stay afloat in this competitive environment. 

Global network emulator market to grow at a CAGR of 8.1% during the forecast period
The global network emulator market size to grow from USD 146 million in 2019 to USD 217 million by 2024, at a Compound Annual Growth Rate (CAGR) of 8.1% during 2019–2024. Rise of attacks and security breaches on networks, and the need for reduced downtime in networking are the major factors driving the network emulator market. However, longer timelines and extended Research and Development (R&D) requirements for new networking technologies and price sensitivity of network testing and emulators may limit the market growth.

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The Final Report will cover the impact analysis of COVID-19 on this industry: Network Emulator Market Insights by Emerging Trends, Growth and Forecast till 2024

Internet of Things application type to grow at the highest CAGR during the forecast period
Network emulators mimic a variety of network topologies and scenarios to test IoT projects in a controlled and repeatable manner. Additionally, network emulators emulate networks to stress test IoT platforms in real-time and measure the impact of network bandwidth, latency, and packet loss have on IoT performance, and predict the response of IoT platform on any network (i.e., mobile, Wireless Fidelity (Wi-Fi), Wide Area Network (WAN), or satellite). Network emulators provide a visibility into how different network conditions will impact device performance, which further helps in faster deployment of IoT at a real-world scale.

Asia Pacific to grow at the highest growth rate during the forecast period
APAC has the world’s fastest-growing economies, and the technology penetration in the region is high. APAC is expected to experience extensive growth opportunities in the coming years. The rising demand for network emulators, which are cloud-driven and cloud-supported, has further resulted in the increase in the demand for network emulator solutions in the APAC region, thereby resulting in more investments and technological advancements across verticals.

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The Final Report will cover the impact analysis of COVID-19 on this industry: Network Emulator Market Insights by Emerging Trends, Growth and Forecast till 2024

In-depth interviews were conducted with Chief Executive Officers (CEOs), marketing directors, other innovation and technology directors, and executives from various key organizations operating in the network emulator market.

The following list provides the breakup of primary respondents’ profiles:
 By Company Type: Tier 1: 35%, Tier 2: 45%, and Tier 3: 20%
 By Designation: C level Executives: 35%, Director Level: 25%, and Others: 40%
 By Region: North America: 45%, Europe: 20%, APAC: 30%, and RoW: 5%

Research coverage:
The report includes an in-depth competitive analysis of the key players in the network emulator market, along with their company profiles, recent developments, and key market strategies. The report segments the global network emulator market by application type, vertical, and region.

Key benefits of buying the report:
The report would provide the market leaders/new entrants in the network emulator market, with information on the closest approximations of the revenue numbers for the overall network emulator market and subsegments. The report would also help stakeholders understand the competitive landscape and gain deeper insights to better position their businesses and plan suitable go-to-market strategies. It also helps stakeholders understand the pulse of the market and provides them with information on the key market drivers, restraints, challenges, and opportunities.

TABLE OF CONTENTS

1 INTRODUCTION 12
1.1 OBJECTIVES OF THE STUDY 12
1.2 MARKET DEFINITION 12
1.3 MARKET SCOPE 13
1.3.1 MARKET SEGMENTATION 13
1.4 YEARS CONSIDERED FOR THE STUDY 13
1.5 CURRENCY CONSIDERED 14
1.6 STAKEHOLDERS 14

The dynamic nature of business environment in the current global economy is raising the need amongst business professionals to update themselves with current situations in the market. To cater such needs, Shibuya Data Count provides market research reports to various business professionals across different industry verticals, such as healthcare & pharmaceutical, IT & telecom, chemicals and advanced materials, consumer goods & food, energy & power, manufacturing & construction, industrial automation & equipment and agriculture & allied activities amongst others.

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Shibuya Data Count
Email: sales@sdki.jp
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