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The changing trends in the refinery catalyst industry have been largely shaped by the increased rate of production and consumption of petroleum-based products, coupled with growing environmental concerns and the depleting crude oil reserves. Once driven by oversupply and low profit margins, the refinery catalyst industry is now led by increased demand and profit margins. […]
The United Nation’s Food and Agriculture Organization (FAO) defines probiotics as ‘live microorganisms, which when administered in adequate amounts confer a health benefit on the host.’ Such benefits include the prevention and cure of disorders such as lactose intolerance and inflammatory bowel disease. The major factors driving the growth of the global probiotics market are […]
The medical device industry is one of the largest healthcare segments, generating an estimated $250 billion in 2009. The industry has been outsourcing medical device manufacturing services for about a decade. Outsourcing has helped medical device manufacturers to cut product development costs by 10% to 30%. The huge profit margins of the industry have attracted […]
Nanotechnology and advances made in optoelectronics have revolutionized the display market. Environmental concerns are driving the demand for green and low-power-consuming display systems. Most developments in the display market are thus aimed at providing products yielding higher quality images, but which also consume lesser power. While conventional display products are still popular in the market, […]
Neurostimulation is used for the treatment of several debilitating conditions, including chronic pain, Parkinson’s disease, major treatment-resistant depression, epilepsy, gastroparesis, incontinence, and essential tremors. Neurostimulation systems have been highly instrumental for patients who do not obtain relief from standard drug and invasive surgical therapy. The growth of the neurostimulation market is driven mainly by technology […]
