Month: August 2023

SkyQuest projects that the IoTconnected machines market will attain a value of USD 741.55 billion by 2030, with a CAGR of 19.2% over the forecast period (2023-2030). The IoT connected machines market is undergoing significant transformations globally, driven by the adoption of automation and digitalization. One prominent trend shaping the industry is the increasing use of connected machines. These machines play a vital role in enabling remote patient monitoring, telemedicine, electronic medical record systems, and other digital healthcare solutions. Westford,USA, Aug. 21, 2023 (GLOBE NEWSWIRE) — According to SkyQuest, digital innovations are revolutionizing various sectors, including manufacturing, medical device monitoring, and vehicle connectivity. Machines and devices can communicate with each other, and autonomously execute...

EFECTE PLC – PRESS RELEASE — 21 August 2023 at 17.45 Efecte Plc: Efecte acquires Requeste business from Sysart Oy  Efecte helps people to digitalize and automate their work and aims to become the Leading European Alternative in service management. Efecte has today signed a business purchase agreement with Sysart Oy concerning the acquisition of all assets relating to its Requeste business.  Requeste is a ticketing, customer service and ITSM solution with strong footprint in Finnish midmarket customers. Requeste business currently has four employees in Oulu, Finland and its net sales in 2022 were approximately 500 thousand euros, over half of which SaaS. The business is profitable and expected to bring positive EBITDA contribution from closing.  “We see an increasing trend of consolidation in the service management market. Joining...

Rising demand for direct-to-consumer genetic testing for developing personalized medicine specifically targeted to individuals is one of the major factors driving the hereditary genetic testing market revenue growth Vancouver, Aug. 21, 2023 (GLOBE NEWSWIRE) — The global market for hereditary genetic testing achieved a value of USD 21.35 Billion in 2021, and it is projected to maintain a revenue Compound Annual Growth Rate (CAGR) of 13.4% throughout the forecast period, as per the latest analysis conducted by Emergen Research. The driving forces behind the expansion of this market include the growing incidence of cancer and genetic heart ailments in the population, rapid advancements in genetic research and sequencing technologies, and the increasing demand for direct-to-consumer genetic testing. This form of testing is aimed at...

Increasing technological advancements in monitoring an array of diseases is a key factor driving Patient Monitoring Devices Market revenue growth Vancouver, Aug. 21, 2023 (GLOBE NEWSWIRE) — In 2021, the dimensions of the patient monitoring devices market achieved a valuation of USD 47 Billion. Based on the most recent analysis conducted by Emergen Research, it is foreseen that the market will sustain a Compound Annual Growth Rate (CAGR) of 7.8% in terms of revenue over the forecasted period. A chief impetus behind the escalation in revenue within this market is the notable headway witnessed in the domain of biomedical devices. This progress has led to the replacement of traditional methodologies, spurred by the creation of enhanced patient monitoring capabilities. Another contributing factor to the expansion of market revenue stems...

Not for distribution to U.S. newswire services or for dissemination in the United States. CALGARY, Alberta, Aug. 21, 2023 (GLOBE NEWSWIRE) — Northview Residential REIT (“Northview” or the “REIT”) (TSX: NHF.UN) today announced that it had completed its unitholder approved recapitalization transaction, including the acquisition of three multi-family portfolios comprising 20 properties for an aggregate purchase price of approximately $742 million (the “Transaction”). As a result of the Transaction, the existing Class C units (“Class C Units”) and Class F Units (“Class F Units”) were subdivided by their exchange ratios and the exchange ratios were amended such that Class C Units and Class F Units are now exchangeable on a 1:1 basis for the REIT’s listed Class A units (“Class A Units”). Effective upon closing of the Transaction, the...

SkyQuest projects that the feed probiotics market will attain a USD 5.56 billion value by 2030, with a CAGR of 7.5% over the forecast period (2023-2030). The feed probiotics market is witnessing growth due to the increasing recognition of probiotics’ role in promoting livestock digestive health. Probiotics enhance nutrient absorption and maintain a balanced gut microbiota, improving feed utilization and animal well-being. Westford USA, Aug. 21, 2023 (GLOBE NEWSWIRE) — According to SkyQuest, feed probiotics offer a natural and sustainable alternative with a global shift towards reducing antibiotic use in animal farming. Probiotics support immune function, reducing the need for antibiotics and addressing concerns about antibiotic resistance. Browse in-depth TOC on the “Feed Probiotics Market”Pages – 157 Tables...

SkyQuest projects that the linoleic acid market will attain a USD 129.24 Million value by 2030, with a CAGR of 8.7% over the forecast period (2023-2030). The rising focus on health and wellness has propelled the demand for linoleic acid, an essential omega-6 fatty acid. Consumers increasingly seek functional foods and supplements rich in linoleic acid due to its potential benefits for heart health, skin, and inflammation management. Westford USA, Aug. 21, 2023 (GLOBE NEWSWIRE) — According to SkyQuest, linoleic acid’s skin-nourishing properties have spurred its inclusion in various cosmetic and skincare products. With the beauty and personal care industry expanding, the demand for linoleic acid as a natural and effective ingredient in formulations like moisturizers and serums is rising. Browse in-depth TOC on the “Linoleic...