Every year, almost 18 million die of heart diseases, as per the World Health Organization (WHO). Moreover, John Muir Health says that valvular diseases, such as aortic stenosis, are diagnosed in 5 million people each year. Another valvular disease now becoming common is aortic regurgitation, in which the aortic valve doesn’t close properly, causing some of the blood pumped by the left ventricle to fall back into it. As per the WHO, almost 2% of the heart patients across the world have rheumatic heart disease (RHD), which is diagnosed in most people with aortic regurgitation.

With the rising prevalence of this and other diseases that affect the flow of the blood from the left ventricle to the aorta, the aortic valve market size is expected to grow from $7,568.3 billion in 2019 to $29,146.9 million by 2030, at a 13.2% between 2020 and 2030, as per P&S Intelligence. The aortic valve is, anyway, the most-important of the four cardiac valves, as it regulates the flow of oxygen-rich blood from the heart to all parts of the body. As a result, any malfunctioning in it can have detrimental effects on the health of people, even death.

An important factor that increases the risk of all such diseases is age. Old people are physically weaker, which is why their organs and tissues can easily malfunction. As per the United Nations (UN), in 2020, there were 727 million people in the age group of 65 and above in the world, and their number will increase to 1.5 billion by 2050. This will lead to a vast pool of people with cardiac diseases, which would create a surge in the volume of surgeries, including aortic valve replacements.

Open surgery and minimally invasive surgery (MIS) are the bifurcations on the procedure segment, of which the MIS bifurcation holds the larger share. This is because MISs don’t require large incisions, are quick and virtually painless, necessitate a shorter hospital stay, lead to a faster recovery, and, most importantly, cost less. MISs Are further bifurcated into transfemoral (TF-VR) and transaortic (TA-AVR). Of these, the transfemoral category generates the higher revenue, as the femoral artery offers a larger diameter for snaking the valve-containing catheter all the way to the opening of the left ventricle.

Between hospitals and ambulatory surgery centers (ASC), hospitals dominate the market in the end user segment. This is because surgeries, regardless of how minimally invasive, involve some level of complexity. Being performed on the heart, aortic valve replacements require an even stronger focus and extensive experience while performing them. Moreover, even after a minimally invasive transaortic valve replacement (TAVR), patients might have to spend 2–5 days in recovery, at least one of which will be in the ICU, which is not generally housed within ASCs.

However, even while MISs are cost-effective compared to open surgeries, they are still costly. This is why Europe has been the largest aortic valve market, also supported by the regulatory approvals being received by an increasing number of such products. Additionally, Europe is home to an advanced healthcare sector, in which the major part of the expenditure comes from governments. Bringing these surgeries closer to patients is the favorable reimbursement scenario here, which makes these procedures more-easily accessible than in developing countries.

Hence, with the cases of diseases of the aortic valve increasing, the demand for its replacements will burgeon too.

Read more: https://www.psmarketresearch.com/market-analysis/aortic-valve-market

The increasing number of hospitals and active doctors and surging prevalence of medical malpractices and negligence will drive the U.S. medical peer/external physician review services market growth during the forecast period (2020–2030). Additionally, the existence of structured peer review guidelines and the lack of internal expertise to review the healthcare services provided will contribute to the market growth. In a medical peer/external physician review, the medical conduct of a healthcare facility or physician is examined by an external entity, in case of allegations of medical negligence or malpractice made by a patient.

The presence of structured peer review guidelines in the U.S. primarily drives the provision of these services in the country. Regulatory bodies, such as the Joint Commission on Accreditation of Healthcare Organizations (JCAHO), American Board of Medical Specialties (ABMS), and American Council for Graduate Medical Education (ACGME), have set clear guidelines to help doctors learn and improve their medical performance and patient outcomes. These guidelines propound that the person or entity conducting the review must possess ample medical knowledge, patient care and procedural skills, interpersonal and communication skills, and knowledge about system-based practices.

Moreover, the rising number of hospitals and active physicians, on account of the booming population, will contribute to the U.S. medical peer/external physician review services market advance in the forecast years. According to the American Hospital Association (AHA), there were 6,090 hospitals in the U.S. in 2019. Furthermore, the 2020 Physician Specialty Data Report by the Association of American Medical Colleges (AAMC) states that there were a total of 938,966 active physicians in the U.S. in 2019.

In recent years, acquisitions by major players to expand their product portfolio and increase their revenue have become a prominent trend in the U.S. medical peer/external physician review services market. For example, in January 2020, Concentra Inc. completed the acquisition of the Riverview medical center (Rock Hill, South Carolina) and Arrowood Medical Center (Charlotte, North Carolina) to widen its customer base. Likewise, in December 2019, The Hardenbergh Group, a company providing temporary staffing and consulting solutions, acquired MDReview, a review services provider.

The provider segment of the U.S. medical peer/external physician review services market is categorized into certified physicians, medical professional societies, law and consulting firms/organizations, medical universities and academic institutes, and peer review organizations. Among these, the law and consulting firms/organizations category will account for the largest market share due to the presence of numerous such agencies in the country that provide review services to medical establishments.

According to P&S Intelligence, California will hold the largest share in the U.S. medical peer/external physician review services market during the forecast period. This will be due to the surging number of medical centers and active physicians in the state. The California Association of Public Hospitals and Health Systems (CAPH) has 21 public healthcare systems that provide primary care, emergency and inpatient services, outpatient specialty care, long-term care, and rehabilitative services. Moreover, it is the most-populous state of the country; therefore, its medical centers host thousands of patients every day.

Thus, the increasing number of active physicians and hospitals and the presence of set peer review guideline will augment the growth of the market.

Read more: https://www.psmarketresearch.com/market-analysis/us-medical-peer-external-physician-review-services-market

The European construction & material handling machinery market was sized at $48,411.6 million in 2021. Additionally, it is expected to propel at a CAGR of 5.1% in the forecast duration of 2021–2030 and reach $75,436.3 million. The increasing cost of labor, rising demand for modular buildings, and rapid development of smart cities are some of the important factors responsible for the growth of the industry. This is itself due to the rising population of the continent, which is pushing up the demand for residential, commercial, and industrial spaces.

The revenue share of the earthmoving machinery category was the largest in the European construction & material handling machinery market in 2021, under the type segment. There is rapid infrastructure growth in the developing countries of the continent, which is being seen in the construction of roads, railways, highways, and dams. As a result, there is a growth in the demand for earthmoving equipment, such as loaders and excavators. Earthmoving machinery is required in an array of projects, such as mining and ground excavation for construction work.

Thus, the European construction & material handling machinery market is being driven by the increase in construction activities. Residential and commercial construction will continue to grow with the low interest rates offered by the governments in regional countries. Moreover, governments are investing in the development of road and railway infrastructure for ensuring better connectivity. In all, the European Commission has sanctioned $340 billion for the advancement of infrastructure and other aspects of the regional economy by 2027.

The largest European construction & material handling machinery market share was held by the residential housing sector in 2021 due to the constant rise in the demand for affordable housing in Europe. The implementation of reduced VAT rates is a common phenomenon exercised by the European Union for its members, for purchasing or constructing a house. For example, first-time buyers in the U.K. are able to purchase homes at a discount on the market price. Such measures have led to the increase in the construction of houses and commercial spaces, thus propelling the demand for the associated machinery.

The demand for construction and material handling equipment from rental companies will grow at the higher CAGR in the coming years. This is because customers now understand the perks of using rental equipment. A lot of money can be saved, and there is no need to stick with obsolete equipment. An important trend in the European construction & material handling machinery market is that manufacturers rent out construction equipment or invest in rental companies. For example, under the Hitachi Premium Rental initiative, the OEM’s excavators and wheel loaders are available for rent.

The demand for electric construction equipment is growing at a brisk pace in the market. The French Ministry of Ecological and Inclusive Transition stated that the construction industry accounts for approximately 44% of the energy consumption in France and 25% of the nation’s CO2 emissions. Electric construction equipment is also much more economical than its traditional counterparts, which is the main reason for the increase in the demand for the same. This is because of the fewer moving and vibrating parts in electric machines, which reduces the long-term maintenance expenses.

Hence, there is a rapid increase in the market value due to infra development growth and rising number of smart cities coming into existence.

Read more: https://www.psmarketresearch.com/market-analysis/construction-material-handling-machinery-market

In 2021, the biocontrol agents market contributes $4,851.7 million revenue, and it is projected to capture $13,634.3 million in 2030, progressing at a rate of 12.2% from 2021 to 2030, ascribed to increase usage of biological products replacing the inorganic fertilizers, insecticides or pesticides boom the market. In addition, the biocontrol agents are eco-friendly, and effective in all seasons.

Moreover, Europe captures the significant biocontrol agents market, and its regional industry is projected to showcase a steady rise consistently in the near future, ascribed to the stringent regulations of governments on chemical pesticide use considering their harmful effects. For example, Europe aims to reduce the usage of hazardous pesticides by half in 2030.

The demand for microbial active substances captures the extensive share of the biocontrol agents industry revenue, accounting approximately for 60%, and it is projected to experience the highest sales in the near future. It is because microbes are capable to mitigate pests from crops and hence enhance the yield. In addition, the microbial agents are highly effective on pests, leaving no probability for their survival in the treated growth, hence improving the production.

Moreover, microbicides pose less harm to the crops, as they distress only target pests and other creatures having similarities, unlike conventional insecticides, that may cause injuries to other inhabitants such as birds, insects, and mammals. In addition, the rise in organic farming in the food industry propels the market. For example, in 2021, the organic farming demand has worldwide risen by 34% over the previous year. In the U.K., the demand for organic farming has risen by 3.6% in 2021, while in 2020, it showed a minimal rise of 0.8%.

In addition, the stringent regulations to prevent the agricultural application of synthetic pesticides, chemical fertilizers, and ionizing radiation boost biocontrol agents sector, by encouraging the industrial production of biological items. For instance, companies are required to be certified for organic production, as there is a standard set of rules for crops, wildcrafted products, animals, and agricultural products.

In the EU, the organic inspection and certification are carried out by approved bodies for control. Moreover, in North America, since 2000, the National Organic Standards of USDA have a standard set of organic certifiers and specific organic farming definitions. The rise in organic farming with increasing resistance of pests over chemical agents, expands the sector.

North America captures a significant share of the global biocontrol agents industry, and it is due to the vast availability of fertile land contributing to the increase in demand for organic products, and the growing awareness of the harmful effects of microbial pesticides. In addition, the agriculture sector in the U.S. has started to adopt natural and organic farming methods.

Therefore, the worldwide stringent government regulations to minimize the use of chemical-based pesticides, insecticides, and fertilizers drive the market.

Read more: https://www.psmarketresearch.com/market-analysis/biocontrol-agents-market

Immersion cooling allows the transfer of heat source from the working fluid. This working fluid is non-conductive in nature and restricted to only four families of fluids. It includes deionized water, fluorocarbon-based fluids, mineral oil, and synthetic fluids.

Immersion cooling can be described as the practice of submerging computer components in a thermally, instead of electrically, conductive liquid. It is a method used regularly for cooling large power distribution components, such as transformers. This method is gaining popularity across the world with innovative data centers.

The IT servers and hardware cooled by utilizing this method do not need fans and the heat exchange between the cool water circuit and warm coolant is usually caused by the heat exchanger. Several supercomputers with a massive density such as Cray-2, and CrayT90 require large liquid-to-chilled liquid heat exchangers for the removal of heat.

In 2021, the immersion cooling industry contributes $258.6 million, and it is predicted to generate $1,855.1 million in 2030, advancing at a rate of 24.5% in the coming future. The rising penetration of the data centers, rapid usage of cloud services, and large amounts of data generation are the major factors for industry propulsion.

The single-phase category holds a substantial share of the immersion cooling industry, accounting for 70%. It is led by the numerous benefits of the techniques. For instance, single-phase immersion cooling systems are easy to operate, energy-efficient, affordable, and have low-maintenance costs with an average life span of 15 years. All such factors contribute to the higher demand for data centers.

The major companies operating in the industry are Fujitsu Limited, DUG Technology (Australia) Pty Ltd., LiquidStack B.V., LiquidCool Solutions, ExaScaler Inc., Submer Technologies SL, and Iceotope Technologies Ltd.

Therefore, the large amounts of data generation led by the growing number of smartphone users, and internet penetration boosts the demand for immersion cooling.

Read more: https://www.psmarketresearch.com/market-analysis/immersion-cooling-market

A plasticizer is a low-volatility solid or liquid that is added to a raw polymer, such as a kind of plastic or rubber, to increase its flexibility, make it simpler to shape and mold, and lessen friction on its surface. They function as a buffer between the individual molecule segments when they are introduced to a polymer, working their way into the polymer chains.

Where Are Plasticizers Used?

Over 8 million tons of plasticizers are utilized annually, with polyvinyl chloride receiving the majority of these additions (PVC). Let's take a minute to consider PVC. It may be a hard, stiff, brittle material that is used in sewer and water pipes, but it is also used to produce cable covers, flexible tubes, and shower curtains. PVC would continue to exist in its hard, inflexible state if the plasticizers—most frequently phthalates and fatty acid esters—were not present.

Flexible polyvinyl chloride, popularly known as vinyl, is produced using around 90% of all plasticizers. Flexible PVC is primarily used in roofing membranes, automotive applications, flooring and wall coverings, medical equipment, electrical cable, and wire insulation, as well as in many other industries. Some plasticizers can also be found in professional-grade rubber products, adhesives, printing inks, paints, and sealants. Plasticizer usage is absolutely prohibited in all applications.

Ester and petroleum oils are the two main forms of plasticizers used with elastomers. In general, ester plasticizers provide polar elastomers processing benefits, whereas petroleum oils are helpful with nonpolar elastomers. Petroleum oils, sometimes known as extender oils, can also be classified as aromatic, paraffinic, or naphthenic.

Since the construction industry uses a significant number of tools and materials, its rise has increased the need for plasticizers on a global scale. The majority of these products are made of PVC, which in turn raises the demand for plasticizers.

Dioctyl phthalate, diisononyl phthalate, dioctyl terephthalate, and dibutyl phthalate are required for softness in the manufacturing of PVC. Additionally, PVC materials' improved resistance to heat and ultraviolet (UV) radiation has led to an increase in their use in the construction sector.

What Are Renewable Plasticizers?

Plasticizers frequently make up several percent of plastic components, making the switch to renewable plasticizers appealing. High amounts of renewable plasticizers enable getting a sizable amount of renewable material in some circumstances, such as plastisol. The SPI Bioplastics Council estimates that there is a 6 million tons global market for plasticizers.

Superplasticizers Vs Plasticizers

High-range water reducers, commonly referred to as superplasticizers (SPs), are additives used in the production of high-strength concrete. Chemical substances known as plasticizers make it possible to produce concrete with around 15% less water. Superplasticizers provide a water content decrease of at least 30%.

Such additives are used at a few percent by weight level. Concrete's cure is delayed by plasticizers and superplasticizers. Superplasticizers may generally be divided into four categories: mixed functionality synthetic polymers for cementitious materials, sulfonated synthetic polymers, carboxylate synthetic polymers, and purified lignosulfonates.

Read more: https://www.psmarketresearch.com/market-analysis/plasticizers-market

In 2021, the fiber cement industry generates $17,500.0 million, and it is projected to contribute $27,743.8 million in the near future, growing at a rate of 5.3% from 2021 to 2030. It is ascribed to a surging increase in fiber cement use for both internal and external residential applications. In addition, the consistent rise in the residential sector is expected to encourage industry growth. Moreover, fiber cement’s superior product characteristics such as fire-resistant, durability, stability, high-strength, stability, and water-resistant boost its demand worldwide.

Fiber cement is more eco-friendly as compared to asbestos. Therefore, the national governments are making efforts to ban asbestos use or limit it by implementing the regulations, resulting in high fiber cement usage as a substitute.

In addition, countries are massively focusing on green buildings and constructions with the supportive initiatives of the governments. For example, the Canadian government promotes green and inclusive community facilities development through upgrades, repairs, retrofits, and new constructions across the country.

APAC holds a significant share of the fiber cement market and it is projected to experience the fastest growth in the coming years. The region constitutes rapidly developing countries in the world, along with the rising focus of each jurisdiction on creating numerous opportunities for infrastructural development and growth. In addition, the rise in disposable income, increasing construction activities in emerging economies such as India and China, rising foreign investments, and surging knowledge of the consequences of asbestos use are expected to boost the fiber cement demand in the region.

The presence of the major companies in the fiber cement industry with their rising involvement in new product launches and acquisitions of other companies over the years are projected to boost the industry. For instance, a cement roofing sheets supplier company, Briarwood Products acquired Tubex SA, a Spain based producer of fiber cement molded accessories and sheets.

Therefore, the rising focus of countries on green buildings, along with the expansion of the residential sector is projected to boost the industry growth.

Read more: https://www.psmarketresearch.com/market-analysis/fiber-cement-market

With the increasing development of data centers, on account of the generation and consumption of large volumes of data, the demand for gensets is rising sharply across the world. The increasing penetration of the internet and the mushrooming usage of various connected devices have resulted in a sharp surge in the volume of data being generated and consumed. This is, in turn, driving the requirement for proper infrastructure that can support data analysis, access, and collation.

In addition, the increasing use of autonomous cars, intelligent personal assistants, internet of things (IoT), accounting services, and digital currencies is pushing up the demand for data centers. As continuous power supply is required in these data centers for ensuring the proper functioning of servers, security systems, heating, ventilation, and air conditioning (HVAC) systems, backup controls, and various other critical appliances, the development of these facilities is propelling the demand for gensets, thereby fueling the growth of the genset market.

Besides the aforementioned factor, the surging construction activities, especially in the developing countries such as India, Indonesia, and China, are also driving the sales of gensets. Many companies are making huge investments in commercial and residential infrastructural development projects in these countries. Additionally, the adoption of technology in many business practices, implementation of fiscal reforms by several governments, and recovery in oil prices are propelling the growth of the construction industry in the Gulf Cooperation Council countries, thereby supporting the growth of the genset market.

Due to the aforementioned reasons, the value of the market will surge from $17,592.6 million in 2019 to $27,863.0 million by 2030, while the market will advance at a CAGR of 5.8% from 2020 to 2030. Depending on fuel, the market is divided into diesel, gas, and gasoline categories. Out of these, the diesel category is predicted to dominate the market in the upcoming years. This is credited to the fact that diesel is more widely available than gasoline and natural gas.

Moreover, the poor supply of natural gas massively affects it sales around the world. As a result, the demand for diesel gensets remain high, even though, they are costlier than the gas-powered ones. According to the forecast of the market research company, P&S Intelligence, the genset market will demonstrate the fastest growth in the Middle East and Africa (MEA) region in the forthcoming years. This will be because of the rising industrialization rate and surging commercial activities in Turkey, Egypt, Saudi Arabia, and the U.A.E. and the lack of proper grid connectivity in some other countries.

Furthermore, due to the 2022 FIFIA World Cup (Qatar) and World Expo 2020 (Dubai), the governments of Qatar and the U.A.E. have launched massive infrastructural development projects. Moreover, the Saudi Arabian government is increasingly focusing on expanding the country’s construction sector in order to diversify the economy and reduce the dependence of the country on the oil and gas industry. These factors are also contributing to the booming sales of gensets in the MEA region.

Hence, the sales of gensets will surge in the coming years, primarily because of the increasing construction and infrastructural development activities in several countries and the development of data centers across the world.

Read more: https://www.psmarketresearch.com/market-analysis/genset-market

High strength and resistance to chemicals and weather are some of the major factors propelling the need for structural adhesives in infrastructure development activities. These bonding materials are utilized for repair and construction work in different infrastructure settings, such as buildings, bridges, railways, and roads. Not just the infrastructure but the transportation sector is also increasingly using structural adhesives, and both sectors have reduced the consumption of fasteners and other weaker adhesives. Additionally, the low cost, environment-friendliness, better aesthetics, and low weight of these adhesives are also contributing toward their booming popularity across the globe.

Furthermore, this adhesive acts as a natural watertight barrier and provides a protective barrier between potentially corrosive metals. Unlike the traditional fasteners, such as nuts and bolts, which add additional cost and weight to vehicles, structural adhesives help automakers manufacture lightweight vehicles, which are experiencing a sharp surge in demand, owing to their greater fuel efficiency than heavier automobiles. These factors are supporting the expansion of the structural adhesive market, which is expected to reach $15,683.0 million revenue by 2024 while exhibiting a CAGR of 5.2% in the coming years.

Electrical and electronics sectors along with automotive sectors are also using structural adhesive due to their higher bonding strength. The soaring demand for electric vehicles (EVs) has added fuel to the requirement for EV battery assembly and related operations, which is fueling the demand for adhesives, as they are extensively used in these applications. In addition to this, the rapid development and advancements being made in the manufacturing of electrical equipment, such as transmission towers, transformers, and junction boxes, are predicted to boost the adoption of these structural adhesives in the coming years, as these adhesives have the ability to minimize assembly downtimes, costs, and weight of the product.

The structural adhesive market is segmented based on type and the acrylic category contributed the highest revenue in 2018. When compared to other structural adhesives, acrylic variants provide high strength that permits the formulation to bond with metals and plastics in different applications, such as footwear, woodworking, and building & construction. Another vital segmentation of this market is based on technology and the water-based category generated the highest revenue earlier, under this segment, and it is anticipated to hold the largest share by 2024. This growth is attributed to the fact that water-based adhesives produce less or negligible volatile organic compound (VOC) emissions.

Globally, it was APAC that witnessed the highest demand for structural adhesives in the years gone by, and it is expected to demonstrate the fastest growth in the forthcoming years. This growth is primarily attributed to the growing construction sector due to the soaring infrastructure investments. In addition, the usage of such adhesives for bonding plastics, metals, and ceramics is surging in the manufacturing, packaging, and automotive industries. According to the market research company P&S Intelligence, China is expected to dominate the APAC structural adhesives market by 2024 by generating a revenue of around $4,267.1 million.

Thus, the increasing infrastructure development and construction activities are driving the demand for structural adhesives all over the globe.

Read more: https://www.psmarketresearch.com/market-analysis/structural-adhesives-market

The EIA states that shale gas production in the U.S. increased from 25,556 billion cubic feet in 2019 to 26,139 billion cubic feet in 2020. The organization also states that crude oil production in the U.S. will surge from 12.0 million b/d in 2022 to 12.6 million b/d by 2023. The increasing production of conventional and non-conventional and conventional oil in North America is expected to create a huge requirement for low strength proppants, as these solid materials increase the flow of oil and gas during the hydraulic fracturing process.

Moreover, the ongoing technological advancements in the crude oil recovery process will help the low strength proppants market grow at a CAGR of 9.8% during 2020–2030. According to P&S Intelligence, the market was valued at $3,713.3 million in 2019, and it will generate $5,294.8 million revenue by 2030. Nowadays, market players in the APAC and North American regions are making massive investments in advanced exploration technologies to ensure an easy recovery process and high business growth.

In contemporary times, the highest volume of low strength proppants was used in the production of crude oil, due to the presence of a large number of unconventional oil reserves across the world. Countries such as Russia, the U.K., the U.S., and Saudi Arabia are increasingly focusing on the production of crude oil from unconventional sources and exploration of oil reserves. In addition to crude oil production, oil and gas companies also use low-density proppants in the E&P of shale gas and coal-bed methane.

At present, the low strength proppants market is consolidated in nature, due to the presence of several large-scale players, such as Black Mountain Sand LLC, Superior Silica Sands LLC (a subsidiary of Emerge Energy Services LP), Fairmount Santrol Holdings Inc., U.S. Silica Holdings Inc., Hi-Crush Inc., Carbo Ceramics Inc., and Atlas Sand Company LLC. In recent years, these companies are immensely focusing on geographical and facility expansions to attain a significant position.

For instance, in August 2018, Black Mountain Sand LLC started a facility in Western Oklahoma’s Mid-Continent to produce 3 million tons of sand every year. This 1,290-acre facility is situated in Blaine County of Oklahoma. In the same vein, Alpine Silica added two new plants – Fay in Oklahoma and Van Horn in Texas – to its existing portfolio in the Permian Basin. This company offers frac sand for the oil and gas industry to increase recovery rates.

Globally, the North American region held the largest share in the low strength proppants market in the preceding years, owing to the surging number of drilled wells and increasing discovery of unconventional oil and gas reserves in the U.S. and Canada. Moreover, mounting investments being made by oil and gas companies in production activities will also attribute to the market growth in the region. On account of these factors, the regional market will display the fastest growth throughout this decade.

Therefore, the increasing oil production and the ongoing technological advancements in the oil recovery process will create a massive requirement for low proppants in the future.

Read more: https://www.psmarketresearch.com/market-analysis/low-strength-proppants-market-outlook