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Showing posts from July, 2022

Optical Character Recognition: Technology Fuels Market Prospects

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  The optical character recognition software solutions are gaining momentum as they provide cutting-edge features that help address formatting and typography issues. It allows users to convert different types of documents and images into an editable format. According to our estimates, the   optical character recognition market   is expected to surge at a   CAGR of 16.04%   over the forecast years   2022-2028 . Technological advancement has created unidentified opportunities for businesses to digitize their work process and increase productivity. Companies across various industries are adopting OCR technology integrated with robotic process automation and artificial intelligence. For instance,  Microsoft Corp  acquired Nuance Communications Inc, a leader in conversational AI and ambient intelligence . However, the limitations in delivering accurate output and inaccuracy in recognizing handwritten material impede the market’s development. Segments S...

Immunoglobulin Market: Global Traction steer Focus on R & D

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The increase in the geriatric population and the prevalence of immunodeficiency diseases and auto-immune disorders are skyrocketing the popularity of immunoglobulin drugs. As a result, the   global immunoglobulin market   is expected to surge at a   CAGR  of  6.77%   during the forecast period   2022-2028 . Research stated that more than 6 million people across the globe are affected by primary immunodeficiency diseases, and 70-90% of these remain undiagnosed. Further, 2020 witnessed the phase two clinical trial by Green Cross Corporation to evaluate the safety and effectiveness of Hyper-Ig GC5131 in patients with COVID-19 infection. Hence, several operating players are focusing on developing new immunoglobulin drugs, boosting the  immunoglobulin market . The intravenous immunoglobulin drugs are continually gaining popularity among patients to treat organ-specific diseases relating to the skin and the nervous system. Further, the United States Foo...

NORTH AMERICA IMMUNOGLOBULIN MARKET 2022-2028

  TABLE OF CONTENTS 1.      NORTH AMERICA IMMUNOGLOBULIN MARKET – SUMMARY 2.      INDUSTRY OUTLOOK 2.1. IMPACT OF COVID-19 ON THE IMMUNOGLOBULIN MARKET 2.2. KEY INSIGHTS 2.2.1.     DEVELOPMENT OF NEW PURIFICATION METHODS 2.2.2.     INCREASING PREFERENCE FOR PERSONALIZED MEDICINES 2.3. PORTER’S FIVE FORCES ANALYSIS 2.3.1.     THREAT OF NEW ENTRANTS 2.3.2.     THREAT OF SUBSTITUTES 2.3.3.     BARGAINING POWER OF BUYERS 2.3.4.     BARGAINING POWER OF SUPPLIERS 2.3.5.     THREAT OF COMPETITIVE RIVALRY 2.4. MARKET ATTRACTIVENESS INDEX 2.5. VENDOR SCORECARD 2.6. KEY MARKET STRATEGIES 2.6.1.     PRODUCT LAUNCHES & DEVELOPMENTS 2.6.2.     PARTNERSHIPS & AGREEMENTS 2.7. MARKET DRIVERS 2.7.1.     GROWTH IN THE GERIATRIC POPULATION 2.7.2.  ...