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CHICAGO, Oct. 5, 2022 /PRNewswire/ -- Artificial Intelligence (AI) in Medical Diagnostics Market is projected to grow from USD 1.0 billion in 2022 to USD 5.5 billion by 2027, at a CAGR of 39.9% from 2022 to 2027, according to a new report by MarketsandMarkets™. The application of AI in medical diagnostics is growing at a fast pace owing to factors such as growing government initiatives to drive the adoption of AI-based technologies, rise in adoption of AI solutions by radiologists to reduce work load, the influx of big data, availability of funding for AI-based startups, and the growing number of cross-industry partnerships & collaborations. However, the lack of a skilled AI workforce, ambiguity in regulations, and the reluctance among medical practitioners to adopt these solutions are factors expected to restrain the market growth. Download PDF Brochure: Browse in-depth TOC on "Artificial Intelligence (AI) in Medical Diagnostics Market" 128 – Tables 37 – Figures 178 – Pages "Software segment is expected to grow at the highest rate during the forecast period." The AI in medical diagnostics market is segmented based on components: software and services. The services segment dominated the market in 2021, while the software segment is estimated to grow at a higher CAGR during the forecast period. Software solutions help healthcare providers gain a competitive edge despite the challenges of being short-staffed and facing increasing imaging scan volumes. "The Nurse Call system segment is estimated to account for the largest share of the global market in 2022" The application market in AI in the medical diagnostics market is segmented into in vivo and in vitro diagnostics. The in vivo diagnostics segment commanded the largest share of 96.8% of this market in 2021. The large share of this segment can be attributed to the growing adoption of AI solutions by practitioners, as these solutions help reduce human errors and improve treatment efficacy. "The Hospital segment is estimated to account for the largest share of the AI in medical diagnostics market." Based on end users, the AI in medical diagnostics market is segmented into hospitals, diagnostic imaging centers, diagnostic laboratories, and other end users. The hospitals segment commanded the largest share of 64.1% of this market in 2021. The large share of hospital segment can be attributed to the rising number of diagnostic imaging procedures suggested as treatment options in hospitals, the inclination of hospitals toward the digitization of radiology patient workflow and automation of treatment procedures, rise in use of minimally invasive procedures in hospitals to focus on quality of patient care, and the rising adoption of advanced imaging modalities to improve workflow efficiency. Request Sample Pages: "North America to dominate the AI in medical diagnostics market in 2022" The AI in medical diagnostics market has been segmented into four main regional segments: North America, Europe, the Asia Pacific, and the Rest of the World. In 2021, North America accounted for the largest market share of this market. However, the Asia Pacific market is projected to register the highest CAGR during the forecast period. The high growth rate of the Asia Pacific market can primarily be attributed to the growth strategies companies adopt in emerging markets, improved medical diagnostics infrastructure, rising geriatric population, increasing prevalence of cancer, and the implementation of favorable government initiatives. Prominent players in this artificial intelligence in medical diagnostics market are Microsoft (US), NVIDIA (US), IBM (US), Intel Corporation (US), Google, Inc.(Subsidiary of Alphabet, Inc) (US), Siemens Healthineers (Germany), GE Healthcare (US), Digital Diagnostics, Inc (US), Xilinx (US), InformAI LLC (US), HeartFlow, Inc (US), Enlitic, Inc (US), Day Zero Diagnostics, Inc(US), Aidence (Netherlands), Butterfly Network, Inc. (US), Prognos Health (US), Nanox AI (Israel), Viz.ai, Inc (US), Quibin (Spain), Qure.ai (India), Therapixel (France), Aidoc (Israel), Koninklijke Philips N.V. (Netherlands), Lunit. Inc (South Korea), EchoNous Inc. (US). Get 10% Free Customization on this Report: Browse Adjacent Market: Healthcare IT Market Research Reports & Consulting Related Reports: Diagnostic Imaging Market Ultrasound Market Medical Equipment Maintenance Market Diagnostic Imaging Services Market Digital X-ray Market About MarketsandMarkets™ MarketsandMarkets™ provides quantified B2B research on 30,000 high growth niche opportunities/threats which will impact 70% to 80% of worldwide companies' revenues. Currently servicing 7500 customers worldwide including 80% of global Fortune 1000 companies as clients. Almost 75,000 top officers across eight industries worldwide approach MarketsandMarkets™ for their painpoints around revenues decisions. Our 850 fulltime analyst and SMEs at MarketsandMarkets™ are tracking global high growth markets following the "Growth Engagement Model – GEM". The GEM aims at proactive collaboration with the clients to identify new opportunities, identify most important customers, write "Attack, avoid and defend" strategies, identify sources of incremental revenues for both the company and its competitors. MarketsandMarkets™ now coming up with 1,500 MicroQuadrants (Positioning top players across leaders, emerging companies, innovators, strategic players) annually in high growth emerging segments. MarketsandMarkets™ is determined to benefit more than 10,000 companies this year for their revenue planning and help them take their innovations/disruptions early to the market by providing them research ahead of the curve. MarketsandMarkets's flagship competitive intelligence and market research platform, "Knowledge Store" connects over 200,000 markets and entire value chains for deeper understanding of the unmet insights along with market sizing and forecasts of niche markets. Contact: Mr. Aashish Mehra MarketsandMarkets™ INC. 630 Dundee Road Suite 430 Northbrook, IL 60062 USA: +1-888-600-6441 Email: [email protected] Research Insight: Visit Our Website: Content Source: SOURCE MarketsandMarkets

Lack of Allergen Properties and Increasing Focus on Innovation and Developments in the Pea Protein Extraction are the Key Enablers Translating Growing Adoption of Pea Protein Products Globally CHICAGO, Aug. 1, 2022 /PRNewswire/ -- Pea Protein Market is estimated at USD 1.7 Billion in 2022 and it is expected to grow at a CAGR of 11.9% to reach USD 2.9 Billion by 2027, according to a new report by MarketsandMarkets™. Pea protein is a taste-neutral vegetable protein derived from different pea types, such as chickpeas, yellow peas, lentils, and beans. It is produced as isolates, concentrated, and textured proteins and is considered highly nutritive. Pea protein is considered vegan and is not classified as a major allergen, making it suitable for consumption to a wider consumer base. Pea protein also has a well-maintained amino-acid profile and features high solubility and low viscosity, adding its nutritional value. The global pea protein market size was valued at USD 1.51 billion in 2021 Pea Protein Market Download PDF brochure: Browse in-depth TOC on "Pea Protein Market" 354 – Tables 82 – Figures 305 – Pages Food is the major application area for pea protein globally. Food segment includes meat substitutes, performance nutrition, functional foods, snacks, bakery products, and confectionery. As per the information from the Good Food Institute, food manufacturers ranging from startups to leading CPG companies to the world's largest meat companies are innovating rapidly in the plant-based market as the market is among one on of the most promising global market. Next-generation plant-based meat products are increasingly becoming competitive with animal products on taste, price, and accessibility. Distribution is expanding, and a growing number of mainstream consumers are buying plant-based options. 98% of people who buy plant-based meat also purchase conventional meat. Pea protein has emerged as a key ingredient in manufacturing meat substitute products, such as burgers, sausages, and other product types. Companies such as Impossible Foods (US) and Beyond Meat (US) are among the key industry participants in the meat substitutes industry and utilize textured pea protein as the key ingredient in the manufacturing process. Get 10% Free Customization on this Report: North America estimated to be the fastest growing market during the forecast period due to the increasing demand for healthy meat and dairy substitute products. The growing trend of veganism has pushed the growth of the North American pea protein industry. Consumers are gradually shifting their diet preferences and are going vegan due to the health and wellness benefits associated with it. This paradigm shift in food culture is being supported by health & fitness industries, medical communities, celebrities, and athletes, which has bolstered the demand for pea protein. Rising cases of cardiovascular diseases, obesity and diabetes among the regional population has also boosted the demand of protein alternative food which in turn impact the market of pea proteins. Lack of allergen properties helping acceptability against conventional plant-based proteins is one of the major opportunity for pea protein market. According to the data from World Allergy Organization, approximately 2.5% of the general population is affected from food allergy. Thus, the importance of allergen-free ingredients has increased highly in the global food markets. Pea proteins that are derived from yellow split peas are free from the top eight allergens, gluten, and more. Pea protein powder is suitable for almost any user. It is also naturally and tested gluten-free for those who may have intolerance or sensitivity to gluten. In addition to this, increasing focus on innovation in the pea protein market will also boost the market during the forecast period. Companies such as Merit Functional Foods (Canada) uses their proprietary manufacturing process to improve the taste and the texture of pea protein products which will increase the acceptability of pea-based products among consumers globally. Some of the Key Market Players mentioned in this Report The key players in pea protein market include Axiom Foods Inc. (US), Batory Foods (US), Roquette Frères (France), Puris Foods (US), Emsland Group (Germany), and DuPont (US), FenChem Inc. (China), Burcon NutraScience Corp. (Canada), SotexPro (France), Cosucra Group (Belgium), and Kerry Group Plc. (Ireland). Related Reports: Pea Processed Ingredients Market by Type (Pea protein (Isolates, Concentrates and Textured), Pea starch, Pea fiber, Pea Flour), Application (Food & Beverages), Source (Yellow split peas, chickpeas and lentils), and Region - Global Forecast to 2026 Plant-based Protein Market by Source (Soy, Wheat, and Pea), Type (Isolates, Concentrates, and Textured), Form, Application (Food(Dairy Alternatives, Meat Alternatives, and Performance Nutrition) and Feed), and Region - Global Forecast to 2026 Browse Adjacent Reports: Food and Beverage Market Research Reports & Consulting About MarketsandMarkets™ MarketsandMarkets™ provides quantified B2B research on 30,000 high growth niche opportunities/threats which will impact 70% to 80% of worldwide companies' revenues. Currently servicing 7500 customers worldwide including 80% of global Fortune 1000 companies as clients. Almost 75,000 top officers across eight industries worldwide approach MarketsandMarkets™ for their painpoints around revenues decisions. Our 850 fulltime analyst and SMEs at MarketsandMarkets™ are tracking global high growth markets following the "Growth Engagement Model – GEM". The GEM aims at proactive collaboration with the clients to identify new opportunities, identify most important customers, write "Attack, avoid and defend" strategies, identify sources of incremental revenues for both the company and its competitors. MarketsandMarkets™ now coming up with 1,500 MicroQuadrants (Positioning top players across leaders, emerging companies, innovators, strategic players) annually in high growth emerging segments. MarketsandMarkets™ is determined to benefit more than 10,000 companies this year for their revenue planning and help them take their innovations/disruptions early to the market by providing them research ahead of the curve. MarketsandMarkets's flagship competitive intelligence and market research platform, "Knowledge Store" connects over 200,000 markets and entire value chains for deeper understanding of the unmet insights along with market sizing and forecasts of niche markets. Contact: Mr. Aashish Mehra MarketsandMarkets™ INC. 630 Dundee Road Suite 430 Northbrook, IL 60062 USA: +1-888-600-6441 Email: [email protected] Research Insight: Visit Our Website: Content Source: Photo: Logo: SOURCE MarketsandMarkets

CHICAGO, June 27, 2022 /PRNewswire/ -- According to the new market research report "Infection Control Market by Product (Sterilization (Steam, Hydrogen Peroxide, EtO), Disinfection (Wipes, Liquids, Disinfectors), Services, E-beam, Face Masks), End User (Hospitals, Pharmaceutical Companies), COVID-19 Impact - Global Forecast to 2026", published by MarketsandMarkets™, the market is projected to reach USD 52.7 billion by 2026 from USD 44.7 billion in 2021, at a CAGR of 3.4% during the forecast period. Browse in-depth TOC on "Infection Control Market" 557 – Tables 55 – Figures 550 – Pages Download PDF Brochure: the growing geriatric population and increasing incidence of chronic diseases; the growing focus on food sterilization and disinfection; technological advancements in sterilization equipment; and the increasing outsourcing of sterilization services among pharmaceutical companies, hospitals, and medical device manufacturers. The growing number of medical device and pharmaceutical companies in emerging economies, increasing use of E-beam sterilization, re-introduction of ethylene oxide sterilization, and outsourcing operations to emerging countries with an improving healthcare sector will also support the growth of the infection control market in the coming years. Rising adoption of single-use medical nonwovens and devices; Globally, the number of surgical procedures performed annually has increased significantly due to the rising geriatric population and the growing prevalence of obesity and diabetes. This has increased the demand for disposable medical products or single-use products that can be disposed of after use, reducing the chances of infection transmission. The rising per capita healthcare spending and the increasing importance of maintaining hygiene and sterility are also expected to increase the demand for single-use medical nonwoven products. The outbreak of pandemics such as H1N1, SARS, and COVID-19 and viral diseases such as Zika virus, yellow fever, Ebola, and dengue has also increased the demand for single-use medical nonwoven products. The Infection Control Market for protective apparel and textiles is expected to witness significant growth owing to hospitals' rising focus on reducing the risk of HAIs. This trend is expected to increase the use of premium barrier-enhanced medical nonwovens such as gloves, drapes, gowns, face masks, and other apparel. The proper and effective sterilization of instruments, drapes, and supplies used in operating rooms, emergency treatment areas, and intensive care units significantly reduces the chance of infection. Single-use systems, such as tubing, capsule filters, single-use mixers, bioreactors, product-holding sterile bags, and other components are typically pre-sterilized, eliminating the need for sterilization before use. This has increased the demand for single-use medical devices, providing growth opportunities for market players offering sterilization products and services. Thus, single-use medical nonwovens and medical devices are expected to witness the highest demand as medical providers seek to improve the safety of blood collection, catheterization, drug delivery, and invasive surgical procedures. Request Sample Pages: The sterilization products & services segment is expected to grow at the highest CAGR during the forecast period Based on products & services, the infection control market is further classified into cleaning & disinfection products, sterilization products & services, endoscope reprocessing products, protective barriers, and other infection control products. The sterilization products & services market segment is expected to grow at the highest CAGR during the forecast period. This can be attributed to the growing emphasis on infection control measures and the increasing demand for sterilization technologies, such as radiation sterilization and low-temperature sterilization, in the healthcare industry. The disinfectants segment is expected to account for the largest share of the infection control market By type, the market is segmented into disinfectants, cleaning & disinfection equipment, lubricants & cleaning solutions, and disinfection & cleaning accessories. In 2020, the disinfectants segment accounted for the largest share of the cleaning & disinfection products market. The large share of the disinfectants segment is mainly due to the growing demand for these products in various end-user segments. Disinfectants are used to disinfect surfaces, patient rooms, operation theaters, hospital premises, the hands and skin of healthcare personnel, and medical equipment to reduce the incidence of nosocomial infections. The demand for disinfectants is also rising in the food industry due to the high risks of food-borne pathogens and bacterial and viral food-related infections. Currently, the growing cases of COVID-19 have increased the demand for various disinfectants across the globe. The endoscope reprocessing consumables segment to account for the largest share of the market Based on type, the infection control market is segmented into endoscope reprocessing consumables, endoscope reprocessing equipment, and other endoscope reprocessing products. In 2020, the endoscope reprocessing consumables segment accounted for the largest share of the endoscope reprocessing products market. Endoscope reprocessing consumables are used in large quantities and have a short shelf life. This, coupled with the growing number of endoscopic surgeries due to the increasing burden of chronic diseases, contributes to the large share of this market. Speak to Analyst: Asia Pacific is expected to account for the highest CAGR for players operating in the market The Asia Pacific infection control market is expected to grow at the highest CAGR from 2021 to 2026. The growth in outsourcing of drug manufacturing to specialized contract manufacturing organizations (CMOs), rising number of companies setting up manufacturing units in these countries, favorable government regulations, low labor and manufacturing costs, rising number of surgical procedures conducted annually, the large patient population, and the rising incidence rate of COVID-19 cases are factors that are expected to drive the growth of the APAC market during the forecast period. The prominent players in this infection control market are STERIS plc. (US), Getinge AB (Sweden), Cantel Medical Corporation (US), Advanced Sterilization Products (US), 3M Company (US), Belimed AG (Switzerland), MMM Group (Germany), MATACHANA GROUP (Spain), Sotera Health LLC (US), Ecolab, Inc. (US), Metrex Research Corporation (US), Reckitt Benckiser Group Plc. (UK), Miele Group (Germany), Melag (Germany), and Pal International (UK). Browse Adjacent Markets: Medical Devices Market Research Reports & Consulting Browse Related Reports: Surface Disinfectant Market by Composition (Alcohols, Chlorine, Quaternary Ammonium), Type (Liquid, Wipes, Sprays), Application (Surface, Instrument), End-User (Hospital, Diagnostic and Research Laboratories) (2022 - 2026) Sterilization Equipment Market by Product & Services (Instruments (Dry Heat), Services (Ethylene Oxide, Gamma, Steam), Consumables & Accessories (Sterilization Indicators), End User (Hospitals & Clinics, Pharmaceuticals) - Global Forecast to 2026 About MarketsandMarkets™ MarketsandMarkets™ provides quantified B2B research on 30,000 high growth niche opportunities/threats which will impact 70% to 80% of worldwide companies' revenues. Currently servicing 7500 customers worldwide including 80% of global Fortune 1000 companies as clients. Almost 75,000 top officers across eight industries worldwide approach MarketsandMarkets™ for their painpoints around revenues decisions. Our 850 fulltime analyst and SMEs at MarketsandMarkets™ are tracking global high growth markets following the "Growth Engagement Model – GEM". The GEM aims at proactive collaboration with the clients to identify new opportunities, identify most important customers, write "Attack, avoid and defend" strategies, identify sources of incremental revenues for both the company and its competitors. MarketsandMarkets™ now coming up with 1,500 MicroQuadrants (Positioning top players across leaders, emerging companies, innovators, strategic players) annually in high growth emerging segments. MarketsandMarkets™ is determined to benefit more than 10,000 companies this year for their revenue planning and help them take their innovations/disruptions early to the market by providing them research ahead of the curve. MarketsandMarkets's flagship competitive intelligence and market research platform, "Knowledge Store" connects over 200,000 markets and entire value chains for deeper understanding of the unmet insights along with market sizing and forecasts of niche markets. Contact: Mr. Aashish Mehra MarketsandMarkets™ INC. 630 Dundee Road Suite 430 Northbrook, IL 60062 USA: +1-888-600-6441 Email: [email protected] Research Insight: Visit Our Web Site: Content Source: Logo: SOURCE MarketsandMarkets