Knowledge Sourcing Intelligence Blog

The biologics market was valued at US$328.617 billion in 2020 and will increase to US$735.219 billion by 2027. Over the forecast period, this market is estimated to increase at a compound yearly growth rate of 12.19%. Biologics, commonly referred to as biological medications, are disease-modifying antirheumatic drugs that are manufactured from live organisms or contain living species components. Vaccines, blood, blood components, cells, genes, tissues, allergies, and recombinant proteins are among the products derived from living beings, animals, birds, insects, plants, and microorganisms. These products regulate the development of essential proteins, alter human hormones and cells, and produce compounds that either stimulate or suppress the immune system. They also alter the way basic biologics intracellular & cellular activities function. Biologics have exploded in popularity in recent years because they are used to treat a wide range of diseases and ailments, including Crohn'

The piezoelectric devices market is projected to grow at a CAGR of 5.22% during the forecast period to reach US$31.027 billion by 2027, from US$21.730 billion in 2020. Piezoelectricity is an electric charge that accumulates in response to applied mechanical stress in materials that have non-centrosymmetric crystal structures. Piezoelectric devices include products such as actuators, transducers, sensors, motors, generators, and others. Different devices have their own distinct functions, such as Piezoelectric transducers are used to convert an acoustic wave into a radio frequency wave and vice versa. Whereas, the piezoelectric actuator features high displacement accuracy, and high response speed, which is mainly used in industrial machinery that requires precise position control. Moreover, these devices can measure changes in pressure, acceleration, temperature, or force by converting them into electronic charges. Piezoelectric devices are utilized in a variety of products, including

Introduction Ocular implants are the devices used to replace the damaged ocular or eye parts and helps to restore the vision sharpness or replace the injured eye. Ocular prostheses are the artificial eye implants used for the damages caused to the eye due the eye disease or trauma. Intraocular lenses, corneal implants, and ocular prostheses are the different types of implants used for the treatment of eye disorders. Intraocular Lens is used in the implants as a replacement of the natural eye. Drivers and restraints of Global Ocular Implants Market According to the market research conducted by Knowledge Sourcing Intelligence rise in the prevalence of ophthalmic diseases such as glaucoma, scleritis, uveitis, Age-Related Macular Degeneration (AMD), and cataract is significantly driving the market for ocular implants. The availability of the customized ocular prosthesis as per the patient’s requirement will also boost the global ocular implants market growth. Excessive usage of

Introduction Fluorochemicals are the derivatives of fluorine and are majorly used in industries as blowing agents, refrigerators, air-conditioners, fire extinguishers, and other electronic products, hence hosting a large number of industrial applications in electronics, pharmaceuticals, automotive, and chemicals due to their versatile properties. Their applications include aluminum, blowing agents, refrigerants, components, and others. Fluorocarbons, inorganics, and fluoropolymers are the products of fluorochemicals. Drivers of Fluorochemical Market The market is accelerated by the drivers such as global growth in the aluminum demand due to the increasing use of aluminum in motor vehicles, burgeoning demand for high-performance fluorochemicals and adoption of these in advanced manufacturing of motor vehicles. Developing nations are playing a major role in market growth due to the increasing penetration of fluorochemical based consumer goods. The demand for fluorochemicals

Introduction Silicone surfactants, copolymers of silicone and polyethers are useful for applications in which their high surface activity and silicone character provide performance advantages. Silicone surfactants have various applications such as dispersants, emulsifiers, wetting agents, foaming agents, defoaming agents, and other applications in various end-users sue to its low surface tension, surface activity in nonaqueous media, wetting, low toxicity, and polymeric nature. Cosmetics and personal care, agriculture, textiles, construction, and other end-user industries are the industries that use silicone surfactant. Factors such as excellent foaming, dispersing, and emulsifying properties are making silicone surfactants an ideal ingredient for producing polyurethane. Polyurethane is widely used for insulating agricultural and industrial buildings due to its low weight, low thermal conductivity, and fast on-site erection time properties.   It also helps in reducing noise levels

Introduction Intestinal problems such as fecal incontinence and constipation among adults are becoming very common these days on account of rapid change in lifestyles and unhealthy dietary habits. Rise in population and dietary imbalance are also a cause of intestinal issues. With technology advancements in the medical and healthcare segment, these intestinal problems are being dealt and managed with the help of bowel management systems. Irrigation systems, colostomy bags, and nerve modulation devices (NMD) are the devices used in bowel management systems. These devices are used in hospitals as well as for home care purposes. Drivers and restraints of the Bowel Management System Market The market for Bowel Management Systems is witnessing steady growth on account of the rapidly growing geriatric population worldwide. According to the International Foundation of Gastrointestinal Disorder (IFFGD) around 10-15% of the global population has Irritable bowel syndrome (IBS). Moreov

Introduction Plants are attacked by various microbes out of which many become harmless on account of resistances employed by the plants. However, often this resistance is late or in a lesser amount than required. Plant activators are chemicals that activate plant defense genes against pathogens. They activate the defense genes in plants by providing signals mediated by salicylic acid. They have minimal or no effect on the human body or environment as they don’t contain any pesticide. Plant activators don’t attack pathogens or pests by themselves, they simply induce a self-defense mechanism in plants so that they can defend themselves against an attack also since they don’t interact directly with the pathogens, therefore, plant pathogens develop are unable to develop resistance to these chemicals. Drivers of plant activator market Growing global food insecurity due to the burgeoning population is putting pressure on limited arable land available. As a result, the demand for

Introduction Conductive Silicone is carbon-filled silicone materials and has good sensing properties. It is widely used in developing force or deformation sensors as its feature of changeable electrical resistance. It can change its electrical resistance by compression or deformation. Silicone elastomers, silicone gel, silicone resin, and silicone inks and coatings are types of conductive silicone. It has found various applications in adhesives and sealants, encapsulants, conformal coatings, and others due to its various benefits such as flexibility, heat resistance, moisture resistance, easier assembly, and environment-friendly nature. It is employed in several end-user industries such as consumer electronics, automotive, aerospace and defense, medical device, and others. Drivers of conductive silicone market The use of conductive silicone is increasing across various end-use industries owing to the high demand for broadband shielding with superior moisture sealing in ord

Introduction Medical elastomer refers to the natural or synthetic polymer having elastic properties used for manufacturing medical products. Medical elastomers are of two types, thermoset elastomer, and thermoplastic elastomer. They have several applications such as Implants Syringes, Medical Bags, Gloves, Medical Tubes, and Others. They are extensively used in the manufacturing of cardiovascular devices, prosthetic devices, general medical care products, transdermal therapeutic systems, orthodontics, etc. the extensive use of the elastomers is due to biocompatibility, durability, design flexibility, and favorable performance/ cost ratios. Drivers of medical elastomer market The surge in demand for the safe and halogen-free polymers used in manufacturing medical products is boosting the medical elastomers market growth. Growing awareness and adoption of the high-quality healthcare products will also drive the demand for medical elastomers. The shift of medical device manufa