Economics of Health Inequality | Health Inequality Lab

The major factors that are expected to be driving the high content screening market are need for cost containment in pharma R, growth in funding for cellular research, and technological advancements in HCS solutions are expected to support the growth of the HCS market during the forecast period.

On the other hand, the high cost of HCS instruments and the dearth of knowledgeable and skilled personnel for the operation of high-content screening instruments are expected to restrain the market growth to a certain extent.MarketsandMarkets forecasts the high content screening market to grow from USD 557.1 million in 2017 to USD 909.0 million by 2022, at a Compound Annual Growth Rate (CAGR) of 10.3% during the forecast period.

High Content Screening Market by Product (Cell Imaging & Analysis System, Flow Cytometry, Consumable, Software, Service) Application (Primary & Secondary Screening, Toxicity Studies, Target Identification & Validation), End User.The growth of this market is attributed to the technological advancements in image acquisition, data analysis, and storage capabilities and the need to obtain information on changes in cell morphology through high-quality images.Ask for FREE PDF Brochure @https://www.marketsandmarkets.com/pdfdownloadNew.asp?id=42710391Driver: Need for cost containment in pharmaceutical RAccording to the California Biomedical Research Association (CBRA), it takes an average of 12 years for a drug to travel from the research lab to the patient, including 1–6 years for toxicology studies alone.

In addition, only five in 5,000, or 10%, of the drugs that begin preclinical testing ever make it to human testing.

The Tufts Center for the Study of Drug Development (U.S.) report published in the Journal of Health Economics in March 2016 estimates that the average cost to develop and gain a marketing approval for a new drug amounted to USD 2.56 billion.The high cost and long duration of drug development are compelling pharmaceutical companies to revise their R expenditure.

A confocal microscope can cost more than USD 200,000.

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Industrial Dryers Likely to Head for Doomsday Due to Emerging Technology
Unplugging from the old technology, industries are now adopting new and enhanced techniques for industrial processes. Recent study conducted by Journal of Applied Microbiology found that the jet dryers spread 20 times more germs than the traditional warm dryers, and nearly 190 times more than the paper towels at a distance of up to three meters. Moreover, the global industrial dryers market is expected to witness a growth of 3.5% CAGR between 2016 and 2024 according to RRI.

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Factors Propelling Demand for Industrial Dryers
Compelling need for range of dryers in the manufacturing process will propel demand for various industrial dryers over the coming years. However, with emerging technology, industrial dryers will gradually be replaced in various industries. Further, the replacement rate on an average for industrial dryers will be nearly 7% to 9%. Rotary dryers that mainly find application in chemical, materials, minerals, construction material industries, are reaching a maturity stage in terms of application. Vacuum dryers and flash dryers are witnessing limited application in industries, and will grow at a relatively slow pace in the coming years. Whereas, spray dryers and fluidized bed dryers are at a growing stage, and are likely to witness steady growth over the coming years.

Surge in demand for industrial dryers in the pharmaceutical and food industry will further propel growth of the global industrial dryers market in the span of next seven years. Moreover, in an attempt to maintain premium quality of product, end use industries such as pharmaceutical and food mainly prefer relatively high performance dryer systems. Such factors are likely to rev up demand for industrial dryers in the span of next seven years. Additionally, with the emergence of upgraded technology and increasing preference for enhanced drying technology, industrial dryers are likely to witness a rapid expansion in the application base over the coming years.

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In contrast to various factors impacting demand for the industrial dryers positively, stringent regulations imposed by the government regarding the manufacturing process has further compelled industries to intensify their production process in the coming years. Moreover, growing concerns regarding constant industrial expansion is further likely to contribute towards growth of the global industrial dryers market in the span of seven years. In addition, high prices of operations and increasing environmental concerns due to emission of excessive smoke and pollution is further likely to inhibit growth of the global industrial dryers market over the coming years.

Growing trends such as adoption of energy efficient dryers is likely to impact growth of the global industrial dryers market positively. Moreover, market players operating in the global industrial dryers market are increasingly investing in research and development sectors for developing enhanced products and solutions for the market. Manufacturers are witnessed to concentrate on production of dryers that consume relatively low energy, and are further cost effective. Additionally, increasing preference for superheated steam dryers that recover 70-80% energy and have relatively low operating cost is a major trend governing the industrial dryers market globally.

APAC to Dominate the Global Market
Spray dryers among various products will retain dominance, followed by continuous dryers in the span of next seven years. Indirect principle among other principles will witness a robust growth in the global industrial dryers market over the coming years. Food, pharmaceutical and chemical industries among other industrial end users will account for major share of the global market in terms of volume and revenue in the coming years. However, chemical industry among others will witness relatively high growth in the span of next seven years. APAC among other regions will retain dominance over the coming years. Whereas, the industrial dyers market in North America will witness a growth of 3.8% CAGR in terms of sales revenue in the span of next seven years.

While demand for the industrial dryers is likely to witness a moderate growth, emerging technology will replace the industrial dryers with enhanced technology and new techniques. Various industries are switching over to new versions of manufacturing techniques, and unplugging from the older ones. So, adopt the new techniques if premium quality production is your target.

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 Competitive Dashboard
Spooner Industries Ltd, Metso Corporation, ANDRITZ AG, Carrier Vibrating Equipment, Inc., Separation Group, Ventilex Inc., ThyssenKrupp AG, Buhler AG, GEA Group, and HEINKEL Drying

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The global Thin Film Battery Market size is anticipated to value at USD 1.72 billion by 2025. The market is subject to display a substantial growth due to the increasing demand for thin film battery in wearable electronics devices, growing application in Internet of Things (IoT), and medical tracking devices in both emergent and emerging countries. Latest trend involving growing adoption of wearable electronic devices is key factor responsible for rising demand of the thin film batteries across the globe in recent years.

Additionally, growing preference towards thin film batteries due to minimum environmental hazards in comparison with traditional lithium-ion batteries is fueling growth of the market over the forecast period. With recent developments regarding substantial improvement in its charge density and battery life have eradicated all previous shortcomings of the thin film batteries in recent years.

Application involving wearable electronic devices such as smart watch, heart rate monitoring miniature medical devices are increasingly adopted by users, thus breaking conventional the technological barriers and making the batteries to be more flexible and thin.

The Global and Chinese Ethernet Cables report is an in-depth study of the Ethernet Cables from across the globe with a special focus towards the Chinese market owing to its vast nature and record breaking growth rate over the past decade.

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