Month: August 2023

Growing prevalence of Urinary Tract Infection (UTIs), liver & kidney diseases, and diabetes is a significant factor driving global urinalysis market revenue growth Vancouver, Aug. 21, 2023 (GLOBE NEWSWIRE) — The anticipated expansion of the global urinalysis market is projected to reach a valuation of approximately USD 6.49 Billion by the year 2030. This growth is forecasted to occur at a consistent and moderate Compound Annual Growth Rate (CAGR) of 7.2%, as outlined in the latest analysis conducted by Emergen Research. The driving forces behind this market growth are multifaceted. There is an increasing prevalence of conditions such as Urinary Tract Infections (UTIs), diabetes, and various kidney diseases including Chronic Kidney Disease (CKD), polycystic kidney disease, and acute kidney failure. This escalation in health...

Increasing number of companies venturing into sleep apnea devices in addition to the oral applications industry is a significant factor driving global sleep apnea devices market revenue growth Vancouver, Aug. 21, 2023 (GLOBE NEWSWIRE) — Anticipated to attain a value of USD 12.88 billion by 2030, the global market for sleep apnea devices is poised to grow steadily with a compound annual growth rate (CAGR) of 6.9%, as per the latest analysis conducted by Emergen Research. This growth is primarily propelled by the expanding patient cohort characterized by undiagnosed sleep apnea cases. Notably, Obstructive Sleep Apnea (OSA) stands as the most prevalent form of sleep-disordered breathing, affecting around 37% of men and 50% of women. However, a staggering 80% of individuals grappling with OSA remain undiagnosed, hence devoid of treatment. It’s...

MIDLAND, Texas and THE WOODLANDS, Texas, Aug. 21, 2023 (GLOBE NEWSWIRE) — Permian Resources Corporation (“Permian Resources” or the “Company”) (NYSE: PR) and Earthstone Energy, Inc. (“Earthstone Energy” or “Earthstone”) (NYSE: ESTE) today announced that they have entered into a definitive agreement under which Permian Resources will acquire Earthstone in an all-stock transaction valued at approximately $4.5 billion, inclusive of Earthstone’s net debt. Under the terms of the transaction, each share of Earthstone common stock will be exchanged for a fixed ratio of 1.446 shares of Permian Resources common stock. The transaction strengthens Permian Resources’ position as a leading Delaware Basin independent E&P with over 400,000 Permian net acres, pro forma production of approximately 300,000 Boe/d1 and an enhanced free cash flow...

High prevalence of allergic diseases is a significant factor driving the global allergy diagnostics market revenue growth Vancouver, Aug. 21, 2023 (GLOBE NEWSWIRE) — The latest analysis by Emergen Research anticipates that the global market for allergy diagnostics is poised to attain a noteworthy valuation of USD 12.45 Billion by 2030, exhibiting a consistent compound annual growth rate (CAGR) of 11.1% in terms of revenue. A primary catalyst steering the augmented revenue generation within this market is the notable upsurge in the prevalence of allergic ailments. For instance, allergic rhinitis, commonly referred to as hay fever, affects approximately 7.8% of the populace in the United States. Furthermore, statistics suggest that Immunoglobulin E (IgE)-mediated food allergies or sensitivities afflict around 3.5-4% of the general...