Global Chatbot Market Research Report: Ken Research

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Chatbot is fundamentally an artificial intelligence program that interconnects to a person to solve a problematic or answer a certain question. These decreases running time and augment the performance, which encourages business growth. It supports the customer through messages, websites, mobile apps, and phones. In addition, the chatbots through BFSI are introduced to deliver the enhanced user experience, to connect with consumers instead of consultants, to speedily answer the questions, to relieve workloads, and so on.

According to the report analysis, ‘Global Chatbot Market Segments: by Application Type (Customer Engagement and Retention, Branding and Advertisement, Customer Support, Data Privacy and Compliance, Personal Assistant, Onboarding and Employee Engagement and others), by Deployment (Cloud based and On Premises) and Region – Global Analysis of Market Size, Share & Trends for 2019 – 2020 and Forecasts to 2030’ states that size of the market is forecasted to grow as chatbots continue to diminish the operational cost to businesses. Chatbot marketing, payments, processing, and operation are several segments in which chatbots can function—but services have a principal market share in chatbots businesses. Developed technology amalgamated with increasing consumer requirement for self-service facilities and 24*7 customer supports at decreased cost of operation are the major growth drivers for the sector. In addition, the initiatives focused at building self-learning chatbots are designed to deliver more human conversational experience, to augment the usage of chatbots between several industries, and to augment the customer commitment through several channels, thus creating several opportunities for international vendors.

In addition, the Chatbots Market is a promising agent which can propose 24x7 while developing the profitability globally. AI chatbots also bring incentives, such as automation of routine tasks that boost proficiency levels, support in numerous languages, and better self-customer service. In addition, they can also be utilized to assist several languages. Owing to the opportunity to customize the experience without disturbance, consumer support systems are anticipated to propel growth in the coming years.

Moreover, the market of self-learning chatbots will respond to dissimilar market situation, such as the behavior, knowledge, and decisions. The chatbots can be considered intelligent enough to speedily interpret data and allow the consumer to easily find the exact details he or she is searching for by delivering the multi-language support. Self-learning bots with data-driven actions are robust NLP and self-learning (ML) technologies that have the capability to deliver more humane, natural communication, and learn from their own errors.

Although, worldwide Chatbot Market is sectored based on regional analysis into five major regions. Such include North America, Latin America, Europe, Asia Pacific, and the Middle East and Africa. Worldwide Chatbot in the Asia Pacific region held the largest market share in the year 2020. Several start-ups invest in artificial intelligence and chat improvement in the Asia-Pacific region. Furthermore, the usage of chatbots in their customer service phase is straightforwardly incorporated by SMEs that give smooth efficiency, manage several customers and improve the techniques for customer interaction. Therefore, in the near years, it is predicted that the market of chatbot will increase around the globe more effectively over the forthcoming years.

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Global Chatbot Market Analysis

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Global Chatbot and Voice Market Report 2020 by Key Players, Types, Applications, Countries, Market Size, Forecast to 2026 (Based on 2020 COVID-19 Worldwide Spread)

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Global Cannabis Infused Beauty Products Market Outlook: Ken Research

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Global Cannabis-Infused Beauty Products Market

CBD (cannabidiol) is a non-psychoactive compound gained from marijuana and hemp plants. CBD is mined as a powder, which is then blended with variabilities of oils, such as olive, coconut, or hemp oil, to improve its effectiveness in the variability of applications. CBD oil products have a variety of properties, comprising anti-inflammatory, antioxidant, and skin-calming belongings. CBD oil is a crucial component of skincare and personal care products owing to it incorporates so several beneficial possessions in a single blend. Since the legalization of marijuana and cannabis-based cosmetics, the holistic advantages of CBD-infused skincare products have come to light. Due to its soothing properties, CBD-infused skin products are gaining popularity amongst consumers. Its anti-inflammatory and anti-oxidant properties have the capability to relieve common skin difficulties. CBD-based skincare products have a assortment of advantages, comprising the better sleep and the treatment of skin disorders such as eczema and psoriasis, as well as acne. Cosmetic firms have capitalized on the precise benefits linked with the CBD-based skincare.

According to the report analysis, ‘Cannabis Infused Beauty Products Market Segments: By Source (Hemp and marijuana); By Type (Oils, Creams & Moisturizers, Masks & Serums, Cleansers and Others); and Region – Global Analysis of Market Size, Share & Trends for 2019 – 2020 and Forecasts to 2030’ states that growth is projected due to growing mergers and acquisitions around the various sectors which will generate a worldwide requirement for Cannabis-Infused Beauty Products. The growth of online stores is also influencing the selling of high-end products. E-commerce enables the simple buying of goods manufactured in remote locations. This, in turn, has made a foremost contribution to the improvement of the global Cannabis-Infused Beauty Products industry.

In addition, surging requirement of Cannabis Infused Beauty Products Market from several end-user industries is the foremost factor underwriting in the market growth. Vendors have been interested to concentrate on R&D functions by growing competition and market requirement for better goods. Vendors are trying to deliver the new ingredients and innovations with practical advantages and limited or no side effects to obtain the distinction in a competitive market. Vendors are now launching products that will help the consumers in overcoming hair and skin-related conditions such as hair loss and injury, as well as skin drying and wrinkling, which are caused by pollution and unnatural lifestyles. Vendors are now selling premium product lines to make a name for them in the luxury cosmetics industry. As a result, sales are increasing, leading to the growth of the CBD-infused cosmetics industry.

Not only has this, one of the foremost CBD-infused cosmetics industry trends is the growing awareness of the harmful effects of synthetic cosmetics, which has augmented the demand for organic CBD-infused cosmetics. Aloe vera, sea salt, shea butter, mango seed butter, lanolin, and several other ingredients confined in organic CBD infused organic cosmetics are amongst the most common among customers today. Additionally, toxic additives like sulfate and formaldehyde are absent from organic products. The Organic CBD infused organic cosmetics vendors must also adhere to limit the purity requirements set by several regulatory bodies in countless countries, raising their trustworthiness. Therefore, in the near years, it is predicted that the market of cannabis infused beauty product will increase around the globe more effectively over the incoming years.

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Global Cannabis Infused Beauty Products Market

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Crop Protection Market

 Crop Protection is a general method/practice of protecting the crop yields from different agents including weeds, plant diseases, pests, and other organisms that cause damage to agricultural crops. This method is specially used to enhance the crop productivity as well as protect the crops, which is applicable to fruits & vegetables, cereals & grains, oilseeds & pulses, and other horticulture crops. Continuously growing population coupled with rise in the demand for food is driving the growth of global crop protection market. Additionally, factors such as soil degradation, limited farmland, and erratic climatic conditions along with rising awareness about advantages of crop-protection chemicals have led to an increase in the demand for Crop Protection chemicals.

Crop Protection market can be bifurcated on the basis of crop type, mode of application, origin, form and type. By crop type, market can be segmented as fruits & vegetables, cereals & grains, oilseeds & pulses and others. By mode of application, market can be segmented as seed treatment, foliar spray and soil treatment. Seed treatment segment dominates the crop protection market owing to rise in demand for seeds treated with crop protection chemicals. By origin type, market can be segmented as synthetic and bio-based. Bio-based pesticides segment is anticipated to exhibit higher growth rate due to rise in awareness about them being eco-friendly and less toxic during the forecast period. By form type, market can be segmented as liquid form and solid form. In addition, by type of pesticides used for crop protection are fungicides, herbicides, insecticides and others. Fungicides segment is also anticipated to exhibit substantial growth rate because of favorable climatic conditions for fungal growth during the forecast period.

Some of the renowned players operating in the Crop Protection market include DowDuPont Inc., Bayer Crop Science India Ltd., BASF SE, Land O' Lake, Monsanto Co., Canterra Seeds and science, KWS SAAT SE, Sakata Seed Corp., Takii seeds, Syngenta AG, Agreliant Genetics LLC, DLF Seeds and Science, GroupeLimagrain Holdings Corp. and several others. Leading players are launching new crop-protection products considering diversified demand from agriculturists & farmers. Players are also focusing on expanding their geographical presence as well as enhancing their production capabilities.

The Crop Protection market is driven by rise in awareness about food & health safety, followed by decrease in arable land due to growing urbanization, growth in population, rise in demand for food and growth in advances in farming practices & technology. Apart from this, stringent government regulations against the use of synthetic pesticides, high product development & registration costs and ban on certain pesticides are major hindering factors for market. Moreover, rapid growth in the biopesticides market and organic agriculture is a key opportunity for market.

Based on regional analysis, the Asia-Pacific is the leading region in Crop Protection market owing to rise in awareness about the use of crop protection products among small & marginal crop producers across the region. The North-America and Europe regions are estimated to witness higher growth rate due to rise in demand for food security coupled with strict government regulations over the forecast period. It is projected that future of the Crop Protection market will be bright on account of rise in investments in research & development and rise in demand for higher crop yields during the forecast period.

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Crop Protection Market

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Custom Market Expansion Strategy Support, Expansion Strategy Market Research Report: Ken Research

Business expansion is a stage where the business spreads the point for growth and seeks out additional options to produce more profit. All successful businesses or startups eventually face the problem of managing business expansion or improvement. Business expansion is a phase of a business’s life, which is uptight with perils and opportunities, and if not accomplished properly, this expansion can spell doom for a struggling business. 

As such, it is imperative for a business owner to be able to know what business expansion is and how he or she can go about it in order to make the most of his chances of subsequent. For this, an owner should be knowledgeable about the foremost factors that propel expansion and be able to contrivance sound business strategies.

There are a number of reasons why small businesses face the problematic of expanding their operations. One of the most common reasons cited by experts is the shortage of resources. The attendance of too few employees in a provided company can be moderately a deterrent to expansion efforts as they would have to spend a lot of time training fresh people who may not automatically have the same skill set or expertise as those who’ve been functioning for the company for a while.

The Ken research is one of the principal providers of market research reports which qualify business to formulate their market entry and expansion strategy. Our reports will bounce you an end user perspective to the market which will aid you appreciate the enthusiasm behind development of business expansion strategy. We benefit companies to bring the required variation in business by assessing current and future investments, accomplish risk and by providing new-fangled ideas for business expansions.

Expanding globally will augment your customer base and this will, in turn, support you to grow your business. If you enlarge your business internationally, you will unquestionably have a more customer base and you can utilize this to your advantage. You can attract more consumers from other regions and you can use their markets to encourage your products and services.

We have pioneered in the progress of various product expansion strategies and intercontinental expansion strategies for multiple companies. We provide custom market expansion strategy support to our customers by conveying the information regarding market size, standing demand, market entry barriers, market segments, market trends, competition situation, customer decision making parameters, forthcoming forecasts and analyst recommendations. There are various ways in which you can develop your business such as product modification, geographical expansion, product improvisation or expansion through mergers and acquisition.

We can form a roadmap for you to guide you through every step of your business expansion. Our market research reports have proven to be integral to decision making for investors, manufacturers, industry associations as well as to government institutions in order to advance efficient growth and expansion strategies, by qualifying them to identify disrupting business models, revenue streams, success and failure case studies, due diligence, entry strategy, aching points, gap analysis and investment plant model.

Our business expansion strategy has the potential to expose your products and services to a broader audience. The effective growth in your customer base will help you translate more customers and develop your sales. This leads to greater profits. Just like your team members, consumer is important to the success of your business. Successfully expanding your business can put it in a confident position for gaining necessary funds. This funding can be a lifeline for your business throughout the procedure of expansion, and once the expansion has happened, you can fall back on it. A business with a firm financial position and developed the market share can generally accept financing with little trouble.

Notwithstanding of the business expansion strategy you choose, remember that it is significant to remain competitive. By investing in new technology, processing data more competently, and using other tools such as social media, your company will continue at the forefront of its industry. If you stick to a proven business expansion plan, your company can endure to grow and prosper for years to come. If you need help, feel free to contact us and we will be very happy to deliver you more information about our company and services.

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Increase in Incidences of Malnutrition Expected to Drive Baby Food Market: Ken Research

 Baby Food is a very soft consumable food, which is specially made for 4 months to 2 year babies. There is a rise in the working population which has augmented the demand for baby food globally. The food is generally comes in various forms including liquid, powder and paste. Baby requires diet other than the infant formula which is accomplished by baby food that will ultimately develop the nervous system, muscles, brain, bone density and increases the energy.

By type, Baby Food market can be categorized as milk formula, prepared baby food, dried baby food, and others. As baby grows, food requirements shift from the milk formula based foods toward dried & prepared foods. Milk formula based foods comprise the majority of share of baby food market, since it is a basic requirement for baby during its initial months. By distribution channel, market can be categorized into pharmacies, mom & pop stores, supermarkets/hypermarkets, convenience stores, online, specialized stores and department stores. The online category is likely to be the fastest growing distribution channel because of growth in e-commerce market globally. In addition, by age, market can be categorized as below 6 months, 6 to 12 months, 13 to 24 months, and above 24 months. Among these, 6 to 12 months segment held the largest market share due to baby food being recommended mainly for this age group by medical practitioners. Babies less than 6 months of age generally rely on the breastfeeding. On the other hand, infants above 12 months of age usually start consuming home-made food.

Increase in number of working women, followed by rise in consumer awareness regarding adequate nutrition & various changes in the socio economic trend, growth in e-commerce sales, increase in nutritional content of infant formula, growth in urbanization rate, growth in middle-class population in emerging economies, increase in incidences of malnutrition, growth in innovation in packaging & products, increase in per capita disposable income of the consumers in the developing countries and surge in the organized retail marketing are some major factors, which are responsible for growth of the Baby Food market. Apart from this, rise in the home cooking, lack of proper regulatory framework the safety concerns and birth rates are declining may impact the Baby Food market. Moreover, growth in developments in technology result in emergence of new products, growth in preference for organic baby food and drinks, surge in research & development activities and increase in modernization are leading opportunities for market.

By regional analysis, the Asia-Pacific region dominates the Baby Food market owing to growth in population of the infants’, rise in personal disposable income couple with growth in urbanization across the region. The Europe and North-America regions are likely to witness higher CAGR caused by presence of key manufacturers and increase in parental concerns for nutrition over the forecast period. It is estimated that Baby Food market will be reached at rapid pace on account of increase in number of working women during the forecast period.

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Baby Food Market

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Rise in Use of Cloud-Based Services Expected to Drive Global Healthcare Information Technology Software and Services Market: Ken Research

The healthcare information technology is fundamentally a support system for information management in the healthcare industry, through the use of various computer systems that allow for a safe & secure transmission of data between healthcare institute, service providers, and consumers. Healthcare IT integration brought about one of the most significantly important functionalities in the healthcare industry: advent of electronic health records. It automates, manages, and controls the different tasks & processes in healthcare organizations. Healthcare IT market growth is attributed to growing need to curtail healthcare cost, rising demand for patient safety & data accuracy; and implementation of a variety of healthcare policies promoting the use of healthcare information technology in healthcare facilities.

As per analysis, “Global Healthcare Information Technology Software and Services Market Status (2015-2019) and Forecast (2020-2024) by Region, Product Type & End-Use” the key companies operating in the global healthcare information technology software and services market include Epic Systems, Cerner Corporation, Siemens Healthcare, GE Healthcare, Mckesson Corporation, Philips, Meditech, Allscripts and among others. Key companies in the global healthcare information technology software & services market are anticipated to focus on increasing the geographical presence through mergers & acquisitions to increase their revenues.

Based on type, healthcare information technology software and services market is segmented as clinical software and non-clinical software. Non-clinical software segment dominates the global market owing to reduction in reimbursements and loss of revenue caused by lack of proper documentation along with stringent regulations for quality management. In addition, based on application, market is segmented as healthcare payers and healthcare providers. Healthcare provider segment is expected to witness higher growth rate due to increase in government initiatives to improve the quality of patient care coupled with rise in need to control the growing healthcare costs as well as improve the efficiency of healthcare services during the forecast period.

The healthcare information technology software and services market is driven by growth in adoption of cloud technology related healthcare information technology services, followed by rise in awareness of advanced technologies, increase in aging population & subsequent rise in number of chronic diseases, rise in demand for Telehealth & mHealth solutions from large number of smart-phone users and implementation of various healthcare reforms. However, increase in concerns regarding the patient data safety & security may impact the market. Moreover, growth in Telehealth, Mhealth, & remote patient monitoring markets and rise in use of healthcare IT solutions in outpatient care facilities are leading opportunities for market.

By regional analysis, the North-America is a leading region in global healthcare information technology software and services market owing to growth in adoption of electronic health records & technological advancement and rise in incidence of various diseases across the region. The Asia-Pacific and European regions are estimated to witness higher growth rate due to increase in patient pool and surge in government initiatives over the forecast period. It is predicted that future of the global healthcare information technology software and services market will be bright as a result of rise in use of cloud-based services, increase in number of patients and rise in investments from healthcare IT players during the forecast period.

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Global Healthcare Information Technology Software and Services Market

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Quickly Adapt To Any Market In Any Given Circumstances With Our Go-To-Market Strategy: Ken Research

A go-to-market strategy is a tactical schedule detailing how a corporate plan to execute an efficacious product release and promotion, and eventually its sale to consumers. Common elements of a product’s go-to-market strategy comprise:

Pricing strategy

Sales tactics and networks

A prearranged customer journey map

Marketing tactics and operations

Budget for product launch and marketing

Campaigns for training the sales and consumer sustenance teams

In simpler terms, a GTM strategy is the technique in which a company brings a product to market. It’s a handy roadmap that measures the practicability of a solution's accomplishment and predicts its performance reliant on the market research, prior examples, and competitive data.

Our Go-to-Market Strategy will support your business win crosswise promising geographies, products and solutions, with modernized operating models, pinpointed pricing strategy, adjusted sales capacity, operative marketing capabilities and more. We work meticulously with your team and assist your organization with a tailored approach that aligns with your specific goal mouths. Our blueprint will afford you a sharp bottom-up view of the market and arrange the target customer segments, to speedily transform decisions to actions.

Additionally, we have a subterranean understanding of the Business Environment in various emergent geographies likewise Saudi Arabia, UAE, Oman, Vietnam, Philippines, Indonesia and limitless others, in Sectors such as Retail, Consumer Products, Automotive, Logistics, Manufacturing & Construction, Chemicals, Agriculture, Defence, Healthcare, Education, Media and Financial Services. We support you in all phases of your growth journey effectively.

While go-to-market strategies are often linked with the product launches, they can also be optimized to describe the specific steps a company demands to take in order to guide customer communications for established products. To create an operative GTM strategy, Ken Research must enjoy an understanding of the work environment and the goal market. New and standing workflows should be clearly well-defined and a system should be established to succeed the GTM strategy.

Moreover, our Go-to-market distribution strategy are multipart with commonly states several industries competitive position strategies and company product positioning. We generally involve intimate familiarity with your target market and assist as the base of your marketing strategies. The go-to-market distribution strategy must also aspect in product perfection, launch, distribution, preferment, monetization, and really – every quota of your business timetable.

Furthermore, business-wise, it means knowing where your business viewpoints, the possessions it has, where it’s money-making and how it’ll going to acquire there. Additionally, we prompt the powerful fresh insights about your purchasers in order to categorize nice-looking sectors on which to neutral your go-to-market strategy. We also reveal the exclusive advantages of your product or service and draw the connections within what your consumer aspiration and what you can deliver. We then shape such acquaintances into a captivating value proposition that defends you stand separately from your competition. In addition, we destructively help you discover B2B and Consumer Market Opportunities that can be leveraged by your commercial talents.

With our go to market distribution strategy, you comrade you’re offering to your clients with the more than a few channels. Distribution channels can finalize entities such as wholesalers, retailers, distributors, and even the internet. A distribution channel is allotment of the downstream allowance, in which product shipping from the introductory supplier to the end consumer.

With our go to market strategy, you can sustenance you in generating external marketing programs. As we have faith in that marketing a fresh product is decisive for its success so one section of our research report cover all features of marketing, involving branding strategy, content (articles, blog, eBooks, white papers, video), lead generation, marketing website, PR strategy, advertising, and events.

If you are arrangement to launch a new product or service, contact us and timetable an open consultation to learn how we can support you in emerging a winning go-to-market strategy that will captivate, convert, and retain the most necessary clienteles. It will be built around the demonstrated progression and based on the essentials of your business. We will be backing you give your product or service the extreme chance for success.

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Future Growth of Global Snack Food Market: Ken Research

 Asia Pacific was the largest region in the global snack food market, accounting for 56% of the market in 2019. North America was the second largest region accounting for 25% of the global snack food market. Africa was the smallest region in the global snack food market.

Many manufacturers and producers are increasingly using natural ingredients and have also reduced the use of artificial colors and flavours. Health concerns of consumers is increasing the sales of products with natural ingredients, additives and colouring agents. For instance, Pizza Hut stopped using artificial flavours and colors in its US stores in 2015.

Food and Beverage manufacturers should look to gain a stronger foothold in the increasingly popular healthy food products segment, either by introducing products with natural additives and colouring agents or by acquiring smaller firms that produce products with natural ingredients.

The snack food market consists of sales of snack foods by entities (organizations, sole traders and partnerships) that produce snack foods. The companies in the snack food

industry are primarily engaged in salting, roasting, drying, cooking or canning nuts; processing grains or seeds into snacks; manufacturing peanut butter; or manufacturing potato chips, corn chips, popped popcorn, hard pretzels, pork rinds and similar snacks. The companies package and distribute their products through various distribution channels to both individual customers and commercial establishments.

The global snack food market is expected to grow from USD 210.4 billion in 2019 to USD 215.9 billion in 2020 at a compound annual growth rate (CAGR) of 2.7%. The low growth is mainly due to economic slowdown across countries owing to the COVID-19 outbreak and the measures to contain it. The market is then expected to recover and grow at a CAGR of 7% from 2021 and reach USD 264.8 billion in 2023.

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Global Snack Food Market

Related Reports:-

Snack Food Manufacturing Global Market Forecast To 2022

Snack Food Manufacturing Global Market Report 2019

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Global Smart Insulin Pens Market Research Report: Ken Research

 Major players in the smart insulin pens market are Companion Medical, Eli Lilly and Company, Novo Nordisk A/S, Diamesco Co. Ltd., Emperra GmbH E-Health Technologies, Digital Medics Pvt Ltd., F. Hoffmann-La Roche AG, Insulet Corporation, Jiangsu Delfu medical device Co. Ltd., and Bigfoot biomedica.

The global smart insulin pens market is expected to grow from USD 75.8 million in 2019 and to USD 77 million in 2020 at a growth rate of 1.6%. The slow growth is due to disruption in supply chains and restrictions on trade of medical products across countries owing to the COVID-19 outbreak. The market is then expected to grow and reach USD 98.4 million in 2023 at CAGR of 8.51%.

The smart insulin pens market consists of sales of smart insulin pens which allows to dial the insulin dose accurately and related products. The companies manufacturing the smart insulin pens are primarily engaged in designing and manufacturing of first- and second-generation smart insulin pens which are either reusable or pre-filled for the application of delivering accurate insulin dose in Type 1 Diabetes and Type 2 Diabetes. The revenue generated by these companies is through sales of these pens to Hospitals & Clinics, Ambulatory surgical centres and Home care settings.

North America was the largest region in the smart insulin pens market in 2019. Asia Pacific was the fastest growing region in the smart insulin pens market in the forecast period.

In February 2020, Senseonics a US-based medical technology company which primarily focuses on the design, development and commercialization of glucose monitoring products announced partnership with Companion Medical. The partnership will benefit both the companies by integrating Eversense CGM System with the InPen smart system for accurate insulin delivery. Companion Medical is a US-based company which aims at achieving desirable diabetes outcomes and manufactured InPen which is the US first FDA approved insulin pen.

Diabetics may be prescribed with two types of insulin for better control over blood glucose levels. They usually prefer a pre-mixed insulin (combination) or a method in which the insulin doses could be mixed and once puncture is necessary to deliver the different types of insulin doses required. Multiple punctures for the insulin delivery can lead to poor adherence of the medication which in turn results in poor glycemic control. In 2018, a study published states that poor glycemic control (A1c>7%) was reported in 68% of respondents and there was an association between A1c >7% and poor adherence levels. Dislike towards injection to a large extent and needle phobia can result in poor adherence levels. It is estimated that over 10% of population have needle phobia. These factors can reduce the adherence of smart insulin pens where two types of insulin can't be mixed and results in multiple needle punctures which thereby effect the purpose of the insulin being administered which is expected to hinder the market growth.

The next generation smart insulin pens go far beyond memory storage. They help in calculating personalized doses, track glucose continuously and connects with apps of smartphones to visualize the data. In 2019, Novo Nordisk and Abbott partnered to integrate insulin dose data into the digital health tools which aims at connecting key technologies such as continuous glucose monitoring and insulin pens thus simplifying diabetes management. The Novo Pen 6 and the Novo Pen Echo Plus pens will be able to connect to the Dexcom G6 CGM and the Diasend diabetes management platform (Glooko). In 2019, Companion Medical announced that the Bluetooth-enabled InPen which takes away the guesswork from dosing of insulin with an in-app bolus calculator that uses precise carbohydrate ratios and correction factors and calculates the personalized insulin doses. This enhances the ease of usage of smart insulin pens which is expected to boost the market.

Accurate dose of insulin can be achieved than vial or a syringe with an insulin pen. For kids who need to take insulin during school time and visually impaired diabetic patients, an accurate dose of insulin can even be pre-set over the dosage dial which helps in accurate delivery of dose at the time of injection. Echo Plus by Novo Nordisk which is a pediatric friendly insulin pen allows even half-unit dosing with a maximum of 30 units. Huma Pen Luxury HD from Lilly allows the delivery of insulin in half-unit increments and Novo Pen Junior-Insulin Pen by Novo Nordisk can deliver highly accurate doses of insulin and finely adjusts small doses even half-unit increments. The accurate adjustments and delivery of doses of insulin can avoid either over-dosing or low-dosing of the drug which is expected to increase the demand of smart insulin pens and drive the market growth.

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Global Smart Insulin Pens Market

Related Report:-

World Smart Insulin Pens Market Research Report 2025 (Covering USA, Europe, China, Japan, India and etc)

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Global Alumina and Aluminum Production and Processing Market

 Asia Pacific was the largest region in the global alumina and aluminum production and processing market, accounting for 70% of the market in 2019. Western Europe was the second largest region accounting for 10% of the global alumina and aluminum production and processing market. South America was the smallest region in the global alumina and aluminum production and processing market.

Aluminum manufacturers are producing customized aluminum alloys for automobile manufacturers to produce light weigh vehicles. The use of aluminum alloys in vehicles reduces carbon emissions Increases fuel economy and improves overall stability as aluminum alloys considerably reduces vehicle body weight. This is primarily driven by stringent emission regulations and growing pressure to improve economy by many national and state governments. For instance, the US government's federal emission standards, makes it mandatory for automobile manufacturers to increase corporate average fuel economy (CAFE) from 35.5 miles per gallon (mpg) in 2016 to 54.5 mpg by 2025. This increase in CAFE is being achieved by increasing the aluminum content in the vehicle's body to reduce its weight by around 30%. In line with this trend, global automobile manufacturers are increasing the aluminum content in their vehicles. For instance, in 2015, automobile manufacturer Ford launched its all-aluminum body F-150 mini truck which was 700 pounds lighter than the vehicle's earlier version. Similarly, automobile manufacturer Cadillac uses a mix of steel and aluminum for its CT6 luxury cars launched in 2015.

The alumina and aluminum production and processing market consists of sales of alumina and aluminum by entities (organizations, sole traders and partnerships) primarily engaged in alumina extraction primarily from bauxite ore, producing aluminum from alumina, recovering aluminum from scrap or dross, refining aluminum by any process, alloying purchased aluminum and rolling, drawing, casting, extruding and alloying aluminum and aluminum-based alloy into primary forms such as bar, foil, pipe, plate, rod, sheet, tube, wire.

The global alumina and aluminum production and processing market is expected to decline from USD 810.9 billion in 2019 to USD 718.2 billion in 2020 at a compound annual growth rate (CAGR) of -11.5%. The decline is mainly due to economic slowdown across countries owing to the COVID-19 outbreak and the measures to contain it. The market is then expected to recover and grow at a CAGR of 10% from 2021 and reach USD 932.4 billion in 2023.

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Global Alumina and Aluminum Production and Processing Market

Related Reports:-

Alumina and Aluminum Production and Processing Global Market Forecast To 2022

Alumina and Aluminum Production and Processing Global Market Report 2019

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