Present times mark the onset of the fourth industrial revolution. However, the economic slowdown experienced across the globe in the past is jeopardizing the esteemed progress towards the Sustainable Development Goals (SDGs). Although, the World Economic Situation and Prospects Report 2024, presents a sobering picture of the global economic landscape, backed by the outperformance of the global economic growth expectations in 2023, simmering geopolitical tensions and the growing intensity and frequency of extreme weather events are concerning the analysts and strategists. 

Artificial Intelligence (AI) chatbots are revolutionizing customer service across industries. They keep the businesses connected to their customers across timelines and beyond time constraints. Thus chatbots are being increasingly adopted by businesses to improve customer experience and increase brand loyalty. AI chatbots play a pivotal role in various other business operations such as diverting human resources to core tasks, enabling smart messaging to add value to customer experience, assisting customers to make the right choice, upselling and recouping carts, and increasing personalization. 

Artificial Intelligence (AI) is emerging as one of the most spoken-about novel technologies. It is evolving as a transformative force driving productive changes across industries. The boom in AI technology has developed a huge market opportunity for AI chipsets as they offer high-speed processing, low latency, and parallel computing capabilities to support the development and deployment of the AI infrastructure across various industries. AI chips offer energy efficiency, particularly in edge computing and IoT devices, and are suited for setups with power constraints.      

Cancer has been one of the most dreaded diseases for years. The National Institute of Health, reported 14,61,427 (crude rate:100.4 per 100,000) number of incident cases of cancer in India for the year 2022. One in nine people in India is likely to develop cancer in his/her lifetime. Lung and breast cancers were found to be the leading sites of cancer in males and females, respectively. Children aged 0-14 years are more likely to suffer from lymphoid leukemia, with boys exhibiting a 29.2% incidence rate as against 24.2% for girls. Considering 2020, the incidence of cancer cases is estimated to grow by 12.8% by 2025.   

Artificial Intelligence (AI) has made significant strides in recent years. Technology is redefining multiple industries including creation. The launch of AI tools such as ChatGPT, OwlyWriter AI, Dall-E, and more is redefining content creation. However, the processing of these AI algorithms requires advanced chips for efficient computing.  AI algorithms are primarily based on Machine Learning (ML) and Deep Learning (DL) capabilities, which require a huge number of cores and Graphic Processing Units (GPUs) to work efficiently. 

The Finance Minister Nirmala Sitharaman presented the interim budget on 1st  February 2024. The budget is aimed at transforming India into 'Vikasit Bharat’. FM highlighted the budget focuses on four major pillars of developed India including, youth, poor, women, and farmers. In his prior budget address PM Modi announced that the budget would be driven by 'Nari Shakti'. Additionally, in her budget speech, the FM emphasized on social justice and inclusion.  

Finance Minister (FM) Nirmala Sitharaman presented the interim budget- a short-term financial plan on February 1, 2024, in the parliament. The full budget would be presented by the new government, in July, after the Lok Sabha polls. The interim budget is the balanced budget and seeks Parliament's nod for a grant in advance to meet the government's essential expenditure for the first four months of the new financial year. In her speech, the FM confirmed the budget's focus on the four major pillars of developed India namely, the young, poor, women, and farmers. 

In January 2024, the FDA achieved a significant milestone by approving two pivotal drugs for cancer treatment. On January 12, pembrolizumab (Keytruda, Merck), in combination with chemoradiotherapy, received FDA approval for the treatment of FIGO 2014 Stage III-IVA cervical cancer. This was followed by the successful approval of erdafitinib (Balversa, Janssen Biotech) on January 19, a drug designated for use in cases of locally advanced or metastatic urothelial carcinoma.

Keytruda surpassed Humira to become the leading product in 2023. The Comirnaty COVID-19 vaccine, which had previously displaced Humira in 2022, experienced a significant decline in sales during 2023. The introduction of biosimilars targeting AbbVie anti-rheumatic in the US in January 2023 contributed to the decline in sales for the year.

Finance Minister Nirmala Sitharaman is set to unveil the Budget 2024 on February 1. However, economists are suspicious that the interim budget would be used as a tool of political messaging, highlighting the government's commitment towards inclusive growth, and adopting a cautious approach towards spending. 

In the present landscape, digital twins are arising as a groundbreaking paradigm to revolutionize process and innovation. Predictive maintenance held the largest share of the digital twin market in 2023, however, the technology is now expanding its realms to various domains, from healthcare to smart cities. Healthcare is anticipated to exhibit the highest growth in the years to come. 

When a person thinks about health, they consider it as a personal phenomenon. However, it is not as simple as that. Family, society, income, expenses, status, recognition, education, and healthcare, among others, play a very vital role in affecting an individual’s health. That’s where the concept of Social Determinants of Health (SDOH) arises where it links the gap between the effects of social factors on health outcomes. 

The time span of 2000- 2020 is primarily referred to as the drug shortage era, however the problem is still pertaining to the post-COVID-19 era. The frequency of drug shortages have caused numerous difficulties for clinicians, healthcare facilities, patients, and federal regulators in the recent years. The consequences of COVID-19 have further exacerbated the situation. Drug shortages are caused by many factors, including difficulties in acquiring raw materials, manufacturing problems, regulatory issues, supply chain discrepancies, and business decisions.

Digital signage, sometimes called electronic signage, refers to display technologies like LED walls  (or video walls), projection and LCD monitors to vividly display webpages, videos, directions, restaurant menus, marketing messages or digital images. Digital signage functions in different settings — public spaces, museums, sporting arenas, churches, academic buildings, retail stores, corporate spaces and restaurants — to offer wayfinding, messaging, marketing and outdoor advertising.

Artificial Intelligence (AI) has the potential to address some of the biggest challenges in education today, innovate teaching and learning practices, and accelerate progress towards SDG 4. According to a Forbes article published in March 2023, generative-relevant use cases of AI in the education industry already present a significant enterprise opportunity, with an estimated market of $2.6 billion in 2023 which is expected to grow at a rate of 32.0% until 2026.

A Contract Manufacturing Organization (CMO) is a company that manufactures a pre-formulated drug, whereas a Contract Development and Manufacturing Organization (CDMO) is a company that handles everything from pre-formulation and formulation development to clinical trials and production. The pharmaceutical manufacturing process is demanding. Research and testing take years and manufacturing safe and stable drugs is an enormously costly venture.  

Generative artificial intelligence is an AI technology that is capable of creating synthetic data and content including text, imagery, and audio among others. All of this can be done in a few seconds. Generative AI was first introduced in the 1960s in chatbots, however, it was not until 2014 that it gained popularity with the introduction of a machine learning algorithm known as Generative Adversarial Networks (GANs).

With big competitors like Flipkart, Amazon, and Tata dominating the industry, the Indian e-commerce scene has experienced exponential expansion in recent years. Nevertheless, under the surface of prosperity, there is a troubling pattern as most of these business giants are struggling with losses year after year. 

Unmanned Surface Vessels (USVs) are redefining the way we approach oceans. They are primarily reconceptualizing voyage planning, overseas communication, navigation, and naval defense competencies and strengthening our national borders among various other applications. They roam the ocean's surface to collect information including oceanographic and atmospheric data as well as intruders' activity. USVs do all this without a human aboard. This is leading to the increasing demand for the same. 

Artificial Intelligence (AI) is rapidly developing, and becoming much more accessible and affordable. AI and Machine Learning (ML) are evolving at a brisk pace, influencing all the major industries including aviation. The aviation industry has taken huge feats owing to the advancement of technology. This has made air travel safer and more efficient.

The consumer market for wearable devices is increasing steadily. Wearables are small electronic and mobile devices or computers with wireless communication capabilities incorporated into gadgets, accessories, or clothes, which can be worn on the human body. There are also invasive versions of the wearables such as micro-chips or smart tattoos.

In recent years, the demand for eco-friendly oral care products has been on the rise in India and across the globe. Consumers are increasingly seeking alternatives to conventional toothpaste tubes that often end up as plastic waste in our oceans and landfills. One such innovative solution gaining traction is toothpaste tablets. In this news article, we will explore some recent developments in the toothpaste tablet market, highlighting key developments and products that are changing the way we approach oral hygiene.

In today's technology and automation-driven world, the self-service technology market is evolving and growing at a fast and steady pace. Because of this, small and large businesses globally are harnessing the power of automation and artificial intelligence to provide more efficient and convenient services to their customers. In this news article, we will take a look at some recent developments in the self-service technology sector. 

The smartphone market has witnessed spectacular growth for over a decade. Past research highlighted the significance of smartphones in the global tech cycle. The smartphone industry has a complex and evolving supply chain across Asia, changing the export and growth performance of several countries. Smartphones have become a key metric of global trade, as they have become the main computing platform for many people around the world. 

AI is becoming a common field in space exploration. The human living in space needs sophisticated tools, and AI can potentially help in the development of effective implements and intelligent machines. Technological development has not only assisted in the evolution of computer applications that help in data processing during space programs across the globe, but the developed software will also be used in every aspect of space settlement through advanced intelligence.

The vast expanse of space remains uncharted, and the immense distances involved in space travel engender multiple challenges including life-threatening extreme temperatures, ultra-vacuum, atomic oxygen and high energy radiation, making it impractical for humans alone to exploit these unprecedented opportunities. Thus, AI can be used to effectively address these challenges assisting mankind to expand their space knowledge by venturing further into our galaxy.  

The early 1990s marked the introduction of computational finance which focused on applying Artificial Intelligence (AI) to financial investments in the stock market. It currently extends to three broad areas of finance including the optimization of financial portfolios, prediction of future prices or trends in financial assets, and sentiment analysis of news or social media comments about the assets or companies. 

Extended Reality (XR) is the combination of human and computer-generated graphics interaction, which is in reality as well as the virtual environment. XR allows people to visit places virtually, feel the same as they are present at that place, and interact with other individuals.   Many science-fiction movies have used the concept of Extended Reality (XR) but operating it in the real world is very different than in the reel world.  However, XR is stretching its wings to multiple industries and redefining procedures. 

In an era where technology drives every aspect of our lives, the demand for skilled IT professionals is on the rise. From software developers to computer specialists, the tech industry is booming, and with it comes the necessity for qualified individuals who can keep up with its rapid evolution. To equip individuals with the required skills, and to fulfill this ever-increasing demand, IT Training plays an instrumental role.

The Hyaluronic Acid (HA) market has witnessed significant developments and launches in recent times, this is due to an increasing demand for this acid. This demand is due to its remarkable hydration properties, which contribute to its growing importance in various industries. Hyaluronic Acid has found applications in a wide variety of industries and applications such as skin care, cosmetic enhancements, and medical treatments. In this article, we will take a look at recent developments surrounding Hyaluronic Acid. 

In the ever-evolving world of digital technology, Photronics, Inc. has displayed remarkable resilience in its third-quarter performance for 2023. Despite facing industry challenges, the company continues to stand out as a leader in the FPD (Flat Panel Display) Photomask market. In this article. We’ll gain insights into Photronics' performance and significance within the FPD Photomask industry, highlighting its ability to maintain strong margins in a volatile market.

The demand for oral and dental probiotics is rapidly growing, particularly in India, where health-consciousness is on the rise. In this in-depth article, we will explore recent developments in the oral and dental probiotics market, highlighting their benefits, applications, and how they cater to the ever-growing demand for healthier teeth and gums.

The used car market is experiencing a remarkable transformation in India and across the globe, with growing demand in a highly competitive and budget-oriented landscape. It’s common for practicality to take priority over luxury, which makes it easier for people to acquire second-hand vehicles. In this article, we will look at some recent news surrounding the used car market and gain a comprehensive overview of the current state of this market in India.

In the ever-evolving landscape of the automotive industry, microcars, and electric vehicles (EVs) have grown to fame at the forefront of innovation and are expected to be the norm. This boom in the development and usage of microcars is in response to the growing demand for sustainable transportation solutions, and with increasing rates of traffic, these compact-sized vehicles are gaining immense popularity. 

Festivals are not just about traditions, fun, and food anymore in India as with changing times they have become a sign to buy new things at the most affordable prices from online shopping platforms. The Indian e-commerce sector has witnessed explosive growth in recent years. Key events such as the 'Big Billion Days’ by Flipkart and the 'Great Indian Festival' by Amazon have played a significant role in driving this growth. 

The Fullerene market, once a niche field, has been rapidly evolving with groundbreaking innovations and trends in recent years. According to a research report by OMR Global, the Global fullerene market is projected to reach $830.0 million in 2030 from $445.0 million in 2022, growing at a significant CAGR of 8.2% during 2023-2030.

The popularity of fantasy sports is increasing among the youth. Fantasy Sports are digital sports engagement platforms, based entirely on real-life sports matches. The users build virtual teams with proxies of real players participating in an upcoming match or match-day and compete on real-world statistical performances of these players, based on one complete officially sanctioned sports match. The better their players perform, the more points are added to the user’s account.  This allows the users to emulate the role of a coach or a manager of a team, with the power to drop, recruit, or trade a player of their choice. The teams are frozen, and the changes are locked before a match kicks off.

The use of AI is increasingly evident in various aspects of the healthcare industry including surgeries, automation, precision therapeutics, and remote clinical trials. It has also expanded its scope to medical adherence. If the patient does not adhere to the prescriptions, the efficiency of the whole system would be at stake. But, in today’s challenging lifestyle which demands activity round the clock, following the prescription schedules is better said than done. Further, the complexity of the schedule increases with the patient’s age or health condition. 

In today’s technology and sustainability-driven world, a rapid growth in the demand for sustainable transportation can be observed. These factors combined with a demand for ease of maneuverability in congested urban areas have led to the emergence of electric microcars which have positioned themselves as a frontrunner in addressing both these concerns. These compact, eco-friendly vehicles are not confined to the bustling streets of European cities but are also making waves on picturesque beachfront and remote islands. In this news article, we will take a look at some of the recent developments in the microcars market. 

Fire alarms have always played a crucial role in ensuring the safety of people and property in various infrastructures across the US. Recent developments in this field have highlighted the need for modernization and improvement in fire alarm systems, and how it is driving growth in the fire alarm market in the US. In this article, we will explore some recent developments and news related to the US Fire Alarms Market.

Artificial Intelligence is contributing to the various aspects of the healthcare industry. The domain is subject to extensive research for the sole purpose of overall development of the healthcare industry that would be more potent to fight against physical and mental challenges facing the population. Natural Language Processing (NLP) is one such technique of deep learning that shells out various capabilities of AI in fields of data management, clinical trials, and calculated medical decision-making. 

AI is increasingly becoming omnipresent across the entire spectrum of the healthcare industry, including the 5 Ps: payer, provider, policy maker/government, patients, and product manufacturers. AI leverages sophisticated computation and inference to generate insights, enables the system to reason and learn, and empowers clinician decision-making through augmented intelligence. 

Robotic surgery is taking the surgical profession by storm.  The most widely used clinical robotic surgical system includes a camera arm and mechanical arms with surgical instruments attached to them.  It enhances precision, flexibility, and control during the operation and allows them to better see the site, compared with traditional techniques. But, Robotic surgery is still in its infancy and its niche has not yet been well defined.

The effects of AI are evident across industries and sectors. With its incredible applications, AI is slowing paving its way to the healthcare industry. The healthcare industry accounts for 11% of global GDP or $9 trillion annually. AI in the healthcare market is predicted to grow from $14.6 billion in 2023 to $102.7 billion by 2028. According to data by NASSSCOM (National Association of Software and Service Companies), AI has the potential to add about $25 billion to India’s GDP by 2025. According to a report by World Economic Forum, the expenditure on AI in India is expected to reach $11.7 billion by 2025 and add $1 trillion to India’s economy by 2035.

In a groundbreaking collaboration that has set the tech world abuzz, Reliance Industries, India's largest conglomerate, has joined forces with NVIDIA, the global leader in artificial intelligence (AI) and graphic processing units (GPUs), to usher in a new era of AI innovation on the Indian subcontinent. This ambitious partnership aims to build state-of-the-art AI supercomputers, promising to accelerate India's journey towards becoming a global AI powerhouse. In this article we will delve into not just deal of Reliance-NVIDIA but more developments happening around the industry in Indian market.

The National Security Advisors (NSAs) of the US, India, and United Arab Emirates (UAE) met the Crown Prince of Saudi Arabia, Mr. Mohammad Bin Salman in Riyadh on 7th May 2023, with a motive to expand the infrastructural connectivity in the region. They also focused on facilitating the normalization of Saudi’s relations with Israel. 

On August 16 2023, Israel-based connectivity solutions company Silicom announced that they’re working on a new product line of high-end edge products. This product line will focus on developing highly powerful edge computing platform and solutions for Silicom’s customers and strategic prospects, with the goal of providing them with seamless solutions across a wide variety of domains such as cybersecurity, AI and much more. 

Earlier in the year, the skincare company ARCTIVA shared that it has developed a revolutionary new formulation of over-the-counter and steroid-free skincare products that could be greatly beneficial for the dermatological conditions of Eczema and Psoriasis. This new product lineup by ARCTIVA combines its proprietary glycolipid technology HYDROSURF with natural ingredients, including FDA-approved ingredients such as salicylic acid and colloidal oatmeal to bring a steroid-free and medicated skincare solutions to people suffering from psoriasis and eczema. 

On August 16th, 2023 – South Korean vegan-meat company UNLIMEAT announced that they’re partnering with the US-based vegan-egg brand JUST Eggs to create and launch a new menu of vegan and plant-based solutions in South Korea. This launch comes after the dedicated efforts of both brands in bringing vegan and plant-based solutions to South Korea and the United States respectively, wherein there’s an incline in the number of people who are switching to a vegan, plant-based and flexible diet.

In the fast-paced landscape of the kitchen appliances industry, significant developments are taking place every other day. Recently, these developments have been going even further with technologies such as AI taking centre stage, offering a glimpse into the future of how culinary convenience and efficiency can be obtained with the integration of advanced tech.

The rising demand for electronic gadgets and new technologies has contributed to the globally flourishing semiconductor market, as semiconductors form the backbone of the electronic and technical spaces. Semiconductors are used in consumer electronic devices (such as diodes, transistors, and integrated circuits), embedded systems, thermal conductivity, lighting and LED displays, solar cells, designing transistors, automobiles, and more. Due to their multiple applications semiconductors has a huge market that is monopolized by a few organizations at present and one of the finest way to exploit this opportunity is by conducting custom research in the semiconductor industry.   

In recent news, coming from the 15th BRICS summit happening in Johannesburg, South Africa, BRICS has invited six new countries to join including Argentina, Egypt, Ethiopia, Iran, Saudi Arabia, and UAE. There has been debate happening around the expansion of BRICS for quite some time now between Brazil, Russia, India, China, and South Africa and finally, all have agreed to the expansion. The new membership will be effective from January 1, 2024.

The difference between two organizations often lies in their strategic formulations. The way an organization plans its practices and policies often affects its market standing. The guideline to an optimized if not ideal strategic setup is thorough knowledge of the market, industries, national and global environment, technological changes and last but not the least the organization itself. This is where the importance of a good research lies. These researches can be general research conducted by a market research organization (syndicated research) or a study performed to study product, process or department of a particular organization (custom research). 

The ambitious lunar project Luna 25, spearheaded by Russia, has recently suffered a significant setback with its unexpected crash. This unfortunate event has raised concerns and significantly affected the decade-long mission. In this blog post, we will delve into the importance of the Luna 25 project, highlight the unique aspects of the task, examine the reasons behind the crash, repercussions of the recent boom, and discuss the future prospects of Russia's lunar exploration endeavors.

Exploration has always been at the core of human ambition, and space exploration continues to captivate our imagination. We will take an in-depth look at the exciting Chandrayaan-3 mission and how it aims to uncover the wonders of the Moon and beyond. The exploration and significance of Chandrayaan-3 are not limited to space, but on Earth, various industries and sectors will benefit from it. So let’s get ahead with the blog and discover the magic of Chandrayaan-3.

The UK aviation market is a complex and constantly evolving industry that plays a crucial role in the country's economy. In recent years, the industry has faced various challenges, such as Brexit and the COVID-19 pandemic, which have significantly impacted air travel and the overall aviation landscape. As we navigate through these turbulent times, it is essential to understand the current state of the UK aviation market and the potential opportunities and challenges. This article examines the key trends, regulations, and market dynamics shaping the UK aviation industry in 2023.

In the news, Apple's upcoming iPhone 15 is moving its production to Tamil Nadu, India. Apple's Foxconn has started the production of a new iPhone in India to avoid supply chain vulnerabilities. With this, Apple is also planning to diversify their production units to reduce the dependency on China.

On August 16, 2023, Stuffed Puffs announced the launch of their new product line ‘BITES’. BITES, as the name suggests, are bite-sized marshmallow snacks that have been launched across stores in the United States. This launch is another exciting part of Stuffed Puffs' ongoing efforts to revolutionize Marshmallow based confectionaries. 

On August 16th, 2023, Idahoan Foods, a US-based company with expertise in creating packaged potato products, announced a new addition to its product lineup – the Idahoan Potato Shreds and shared the newest addition to their Mashed Potatoes lineup.

Precision medicine, also known as personalized medicine, is part of a medical treatment plan that is developed to meet an individual’s unique healthcare needs based on their symptoms, genotypes, lifestyle, and medical history. These personalized treatment plans not only help in better treatment but also provide a greater chance of timely prevention.

The use of total organic carbon (TOC) analyzers is essential to ensure that the carbon levels are regulated. These analyzers are commonly used on an industrial scale to monitor the quality of liquids, mostly water. This is done to maintain the required quality of water required in various types of applications and usage and to stay in compliance with the standards set by the government and regulatory bodies.

In an era of digital transformation, the global cloud computing market has emerged as a driving force behind the technological revolution. With businesses and individuals alike seeking scalable and efficient solutions, cloud computing has become an indispensable tool. The cloud computing market continues to experience exponential growth, fueled by the need for flexible and cost-effective IT solutions. 

On August 3rd, 2023, Qualcomm Technologies, Inc. announced they’re joining hands with the Hyundai Motor Group (HMG) for a technical collaboration. This collaboration aims to bring Qualcomm’s latest version of AI-based technology – Snapdragon Automotive Cockpit Platform to HMG’s upcoming Purpose-Built Vehicle (PBV), providing a seamless infotainment system.

In 2022, Prime Minister Narendra Modi and the Indian government launched the India Semiconductor Misson, which aimed to promote semiconductor design, manufacturing, and innovation in India. The successful integration of which would make the country a leader in the electronics manufacturing space.

The global energy landscape is transforming towards cleaner and more sustainable alternatives. One technology gaining significant traction in this movement is stationary fuel cells. These energy conversion devices offer a promising solution to reducing carbon emissions and meeting energy demands in various sectors. This article will use accurate government data and official sources to explore the current state, trends, and developments in the stationary fuel cell market.

Since the invention of the first car in 1886, there have been many developments in the automobile industry. Today, 136 years later, whether it’s a flyover in LA or the streets of Mumbai, you can spot hundreds of large-built and roaring automobiles dominating roads across the globe.

With the development of 3D printing technologies and its evolving capabilities, the 3D Printing Market was expected to grow at a fast rate across various sectors. One such sector in which the use of 3D printing was expected to grow at a remarkable rate was dentistry. 

On October 1st, 2022, Indian Prime Minister Narendra Modi announced and commenced the launch of 5G Networks in India, highlighting its countless benefits across various sectors. Today, more than 3500 cities and towns in India have access to the 5G network. There are many strives made by Airtel and Jio, the only two 5G providers in the country as of now.

The AI in Healthcare Market has experienced substantial growth, driven by the increasing prevalence of complex diseases, rising demand for precision medicine, and advancements in machine learning algorithms. According to a report by OMR, the market is projected to grow by a CAGR of around 51.5% during 2021-27. Due to this rapid growth, all the categories where AI is applicable in healthcare, such as Diagnosis, Biomarkers, Virtual nursing assistance, Drug Discovery, and Others, are also observing high growth of AI in the application.

Over time, wireless communication has developed tremendously with the development of countless types of wireless devices, networks, and technologies. Today, we’re at the stage where with just one tap, you can connect to anyone across the world. However, even today, technological advancements are being made at a rapid speed. 

On August 3rd, 2023, Gautam Adani, founder, and chairman of the Adani Group announced that the Adani Group’s Ambuja Cement has officially acquired Sanghi Cement.

CGTech released the latest version of their CNC Software – VERICUT 9.4. This version of Vericut brings about a wide variety of new features and improvements, aimed to provide greater efficiency and better connectivity.

The world is suffering from the energy shortage and this is affecting the overall productivity of different sectors. The scrutiny of the alternatives needs to be done to increase the production of energy all around the world. The development of renewable energy sources such as wind power can help resolve the issue and the world is seemingly moving in a similar direction. It can be seen from the data from International Energy Agency (IEA), globally; a 77.6 GW new wind power plant has been installed bringing a total of 906 GW in 2022.

On 25th July 2023, the biopharmaceutical company Tarsus Pharmaceuticals shared that their anti-parasitic eye drop Xdemvy (lotilaner ophthalmic 0.25%) has been approved by the US Food and Drugs Association (FDA).

On July 31st, 2023, GSK – a global pharmaceutical company shared that their anticancer medication Jemperli (Dostarlimab -glxy) has been approved by the US Food and Drug Administration (FDA) for use in combination with chemotherapy drugs paclitaxel and carboplatin.

India is one of the biggest hubs for the E-commerce industry. Companies like Amazon and Flipkart have been enjoying a duopoly in the Indian e-commerce market ever since Alibaba got banned in India. Many other companies in the sector, like Nykaa, Reliance Digital, Tata CLiQ, Myntra, Meesho, and IndiaMART, are expanding their market share in the Indian e-commerce market. The growing Indian e-commerce industry is creating enormous opportunities for large e-commerce players to cater to the industry's growth. 

Upon the termination of the deal between Vedanta and Foxconn, concerns arose globally about India's standing in the semiconductor development industry, with many asserting that progress had backslided due to the difficulty in securing new investments. However, India has addressed these apprehensions with a recent announcement of a substantial investment in the semiconductor industry. 

The global Toy Market has been long dominated by video games, consoles, and Legoes and it somewhere still does but also the shift of the global Toy Market towards Science, Technology, Engineering, and Mathematics (STEM) Toys should be noted. The major reason behind the change is the growing awareness of education while playing. With the help of STEM Toys, a kid can learn important science/math concepts while enjoying it. In a report by OMR, the Global STEM Toy market is projected to grow by a solid CAGR of 7.1% during 2021-27.

The automotive industry in India is one of the key contributors to the economic growth of the country. India is predicted to become 3rd largest automotive market by 2030. India’s annual production of automobile including tractor, bus, heavy-truck, passenger vehicles, three-wheelers, two-wheelers, and quadri-cycles was 22.93 million vehicles in FY22. The automotive industry is accounted for 6.4% of total GDP and 35% of its manufacturing GDP. With the high growth of Indian automotive industry now the target for export has increased by five times during year 2016-26 and during FY22 the export by automotive industry was recorded 5,617,246 units (IBEF.org, 2023). 

With growing fossil fuel prices and energy security concerns, the global power crisis is growing severely and encouraging the world to fasten the development towards renewable energy sources such as solar, wind, and hydro. According to a report by International Energy Agency (IEA), solar energy is ready to record the largest annual growth in new renewable energy capacity ever. 

Artificial Intelligence (AI) is one of the most discussed revolutions of the current global scenario. It is bringing big changes in every industry all around the world. AI with new technologies, regular updates and consistent innovation is helping industries to break all the conventional working processes and bringing more accuracy and credibility to the global market.

On June 28, 2023, Pfizer Inc. and OPKO Inc. announced that their growth hormone NGENLA (somatrogon-ghla) has finally been approved by the US Food and Drugs Administration (FDA) for a once-a-week dosage to treat pediatric Growth Hormone Deficiency (GHD). Last year, the FDA approved NGENLA for marketing, however, they did not provide approval for usage.

On June 15, 2023, Roche’s independent subsidiary and biotechnology company – Genentech, announced that their bispecific antibody Columvi (glofitamab-gxbm) has been given accelerated approval by The US Food and Drugs Administration (FDA). 

On July 17, 2023, it was announced by the U.S. Food and Drug Association have approved Sanofi and AstraZeneca’s jointly developed medicine Beyfortus (nirsevimab-alip) for the prevention of Respiratory Syncytial Virus (RSV) lower respiratory tract disease in newborns and infants.

On June 27, 2023, UCB - A multinational biopharmaceutical company based in Belgium announced that their Rystiggo (rozanolixizumab-noli) has been approved by The US Food and Drug Administration (FDA) for the treatment of adult patients with Generalized Myasthenia Gravis (gMG) who are positive in the antibody anti-muscle-specific tyrosine kinase (MuSK) or anti-acetylcholine receptor (AChR).

On July 20, 2023, Daiichi Sankyo Company, Limited – a global pharmaceutical giant, announced that for the treatment of adults with newly diagnosed FLT3 - ITD Positive Acute Myeloid Leukemia (AML) - an inhibitor, VANFLYTA (Quizartinib), has been approved by The US Food and Drugs Association in combination with anthracycline induction, standard cytarabine, and cytarabine consolidation, and as maintenance monotherapy following consolidation chemotherapy. 

Agriculture is one of the most crucial industries for the economic growth of the world contributing 4% of the world's total GDP. Many developing and underdeveloped countries are dependent on the revenue that comes from agriculture and it can be accounted for more than 25% of their GDP (WorldBank.org, 2023). 

The semiconductor market globally is seeing an increase in sales and revenue due to increasing demand for semiconductor supplies by different industries. According to research by OMR, the Semiconductor market is forecast to grow by 7% in 2023-30. Every sector such as electronics, information and communication, automotive and many more to improve performance and productivity requires semiconductors. Various research has shown that technologies like AI, IoT and Big Data are using semiconductors to improve the profitability, productivity and performance of the product.

Due to rising respiratory diseases such as asthma and chronic obstructive pulmonary disease (COPD) and other health issues due to dry air, the trend of using air humidifiers in the market has drastically increased in the past several years. The market of global air humidifiers is forecasted to record growth of a CAGR of 5.0% by 2031.

Since COVID-19, there is a consistent debate going on in the food and beverage industry about changing consumer preferences and perceptions towards personal health and healthy packaged food and beverages products and current research in the industry shows that millennials and Gen Z are driving the demand for packaged food and beverages and choosing healthy packaged food items.

The global battery recycling market continues to rise due to the increased application of various battery types such as lead acid batteries, nickel-based, lithium-ion batteries, and others in various industries like electronics, automotive and industries. The global battery recycling market has been significantly growing and is expected to grow at a CAGR of 6.5% during 2022-28, as per a report published by OMR. The market is important because it helps in conserving the demand for natural virgin materials for battery production as well as it helps in reducing the cost and improving production techniques. 

India has been waiting for its first semiconductor plan since the day Foxconn and Vedanta announced a joint venture worth $19.5 billion in February 2022. This joint venture aimed to support Indian Government in its "Make in India" movement and to boost the domestic manufacturing of electronics in India. 

Being one of the largest industries in the world, the global automotive industry is going through a major transition of its time. 81.6 million vehicles are produced all around the globe. Due to all these Industry is facing the highest prices of vehicles of all time majorly because of the auto chip crisis and shortage of raw material delaying production worldwide.

There is a huge debate going on about whether AI will replace humans or not. And as a writer, if you are stressing about your career, then I can assure you that you’re not getting replaced. Not anytime soon. 

Consulting services are recognized means to get to know the market's competitors and the whole analysis of the market about when and how some news or factors can affect the market positively or negatively. However, it is beneficial to learn about what really comes with these types of services and how they can assist a business to grow exponentially.

Businesses require new and innovative strategies every time they enter a new market. Market research does the work of collecting valuable information and compiling it into one report.

Custom market research is needed when a business is off to a new start or about to launch a new product in any specific market in any region. Some businesses prefer syndicated market research, which includes news and data that is already available. Whereas custom research includes in-depth data on any market, organization, or segment.

Technological advances in every industry are increasing convenience in every task, whether it’s related to house repair or even a four-wheeler vehicle. Some glimpses of technology can be seen in automotive diagnostic tools as well. These tools are useful in finding the problem occurring in your vehicle. They work on DTC (Diagnostic Trouble Code). When the scanning device is plugged into a vehicle, the device shows codes and errors about the problem that is occurring in your vehicle.

The vehiclesss accessories market is witnessing huge growth owing to the increasing number of automobile companies, new vehicle launches, growing per capita income, and an increasing population as well. Vehicle accessories are add-ons for a vehicle, either to upgrade or to improve its functionality. Vehicle accessories are popular because people can personalize them according to their and their vehicle’s needs.

Vegan is simply defined as something that is free from any animal-derived components or ingredients, such as fish oils, furs, cow milk or dairy products, meat, leather, and so on. Vegan cosmetics are in style because of the increasing number of people who are preferring cruelty-free products to use.

Natural calamities like floods, earthquakes, etc. and other disasters like terrorist attacks create huge chaos and become the cause of a lot of mortalities. Many people get stuck in those disasters, and to search for them, search and rescue robots are used.

Growing technology is assisting in the new means of education as well. Private tutoring is one of the education strategies that are building children’s and adults’ futures. Private tutoring has been in the market since the 1700s. However, before the 20s, education strategies only consisted of in-person tutoring in schools or at home. After the technological era started, the online private tutoring market took place globally. 

Organic is the new way of living and the population is inclined towards it more and more as new brands and products are launched into the market on a regular basis. Organic personal care and cosmetic products are popular among the female population as they use skin and hair products daily. The reason these products are growing in the cosmetics market is their eco-friendly, skin-friendly, and chemical-free features. 

Molded interconnect devices are a technology made by laser direct structuring, printed electronics, and two-shot molding methods and have two layers in them, front and back. It is used in telecommunication, consumer electronics, automotive, and medical devices such as hearing aids, glucose meters, blood pressure monitors, pulse oximeters, dental decay diagnostic tools, CPAP devices, neurostimulation controllers, MEMS-sensor construction, and others.

Military satellites were first used as an explorer to capture the images of any enemy or other country's soldiers in the treaty. Satellites are somewhat similar to drones, except that drones need to be piloted manually with human interaction.

IT consulting services are required by small and large-scale businesses when they opt for new technological advancements in their infrastructure. IT consultants provide analytical data and new innovative ideas for businesses. This, in turn, helps to drive the IT sector’s growth.

With the boon of consultancies, many healthcare product manufacturers and providers, such as pharmaceutical companies and medical device manufacturers (thermometers, operating room monitors, surgical instruments, hearing devices, etc.) are taking the help of market researchers to gain a better understanding of their targeted market.

Telecom power systems work as the backbone of various communications networks, such as wireless broadband and data centers. These power systems assist in securing the data in case of power fluctuations. Telecom power systems provide a constant power supply to hospitals, educational institutions, commercial buildings, and residentials. In addition, many governments and private organizations are installing telecom power systems in rural and urban areas to provide them with a constant electricity supply.

Advancements in technology are changing lives for the better. Human augmentation is defined as one of those life-changing technologies that is amplifying humans’ physical and mental abilities. For a better understanding, this technology includes prosthetics, chip implants, and wearable devices such as the exoskeleton—a wearable device that augments, assists, and physically activates construction workers, and other devices.

Data loss prevention (DLP) is a method to alleviate activities of data breaches, accidental destruction, and ransomware attacks on crucial and sensitive data. Moreover, this method also saves organizations’ data from leaking. The key use cases of data loss prevention techniques include securing data on remote cloud servers and securing backups of important data.

The growing use of automated technology in various sectors—whether in homes, hospitals, or other industries—is increasing the demand for robots as well. The cleaning robots have various names, such as vacuums, robovacs, and others. These robots are used in different sectors for automatic cleaning. With the growing demand for home cleaning applications, companies are focusing on small-sized robots for better cleaning.

Food processing and handling equipment include cooking, food storing, and packaging equipment such as microwave ovens, refrigerators, mixer blenders, pressure mills, marinating vacuum tumblers, and chapati makers, among others. Making and storing food items has become easy with this type of equipment. The growing population and their increased use of dairy products, meat and poultry, seafood, fruits and vegetables, ready-to-eat meals, and junk foods such as chips, drinks, and other packed foods are assisting in the significant growth of the food processing and handling equipment market. 

A forklift is a term used for conveyance vehicles in the construction and manufacturing industries for unloading bricks, construction equipment, and other materials. This instrument lifts and moves the material from the truck to the warehouse or site. Autonomous forklifts, unlike traditional forklifts, are more technologically advanced forklifts. They operate on their own without human interaction and provide both horizontal and vertical movements to stack the load.

The Asia-Pacific solar panel market is estimated to grow at a significant CAGR of 12% during the forecast period. The continued advancement in technology to produce next-generation solar panels is a major factor contributing to the growth of the market in the Asia-Pacific region. Solar panels are widely used by the residential sector to reduce electricity bills. Attributing to it being a renewable and non-polluting property; solar panels cut down the bills and are more secure than any other electric resource which is why they are highly adopted in household applications.

The global topical products of the stretch marks market are anticipated to grow at a considerable CAGR of 8% during the forecast period.  Beauty care and skin products are now available in a completely natural form. Due to the side effects of chemical-based products on hair and skin, people are inclined towards the adoption of products free from chemicals that are pure and rich in vital nutrients. Topical products like stretch mark cream, oil, and lotion are making a significant place in the market. The growing demand for natural products is increasing the adoption of oil-based products which have naturally extracted ingredients.

The global cardiovascular drug market is anticipated to grow at a considerable CAGR of 1.2% during the forecast period (2021-2027). The technology advancement in healthcare is one of the prime factors affecting and driving the market. 

Clear aligners are also known as invisible braces that are used to adjust teeth or align the jaws. Clear aligners work similar to the traditional braces, adjust the disoriented teeth slowly with time. The global clear aligners market is anticipated to grow significantly at a CAGR of 7.8% over the forecast period (2021-2027).

The global thermoplastics market is anticipated to grow at a CAGR of nearly 7.0% during the forecast period (2021-2027). Rising applications of thermoplastics in the transportation industry is one of the major factors accelerating the demand for thermoplastics. Plastic materials are utilized for a comprehensive range of transportation applications such as light diffusers, glazing, interior wall panels, headliners, and partitions. 

The orthopedic software market is expected to grow at a moderate rate during the forecast period. Orthopedic software has been gaining significant importance among orthopedic professionals as it offers accurate delivery of information related to the medical parameters of the patient.

The orthopedic software market is expected to grow at a moderate rate during the forecast period. Orthopedic software has been gaining significant importance among orthopedic professionals as it offers accurate delivery of information related to the medical parameters of the patient.

Women health market across the globe have a very special place in the growth of family and nation. A mother is responsible for the birth of a child, and without her, there is no life. According to UN, the total number of women population across the globe was around 3.74 billion in 2017 and this number is anticipated to grow to 4.05 billion in 2025. The status of women directly reflects the health status of any nation.

The other day I was talking to a close friend who happened to be a doctor. Simply conversing has become so rare so we end up talking on various topics including respiratory market. He explained me how the respiratory market is growing and the factors that are driving the market. I was appalled to hear that every year around 6 million people lose their life due to respiratory diseases such as Asthma, Obstructive Pulmonary diseases and so on. I never know the respiratory disease could be that severe.