Year: 2023

The growing proliferation of virtual reality, emergence of telemedicine coupled with higher proliferation of the e-commerce industry are the key factors driving global growth in the Digital Scent Technologies market Vancouver, Dec. 04, 2023 (GLOBE NEWSWIRE) — The Global Digital Scent Technologies Market is projected to reach USD 14.21 billion in 2032. The key factors influencing the market include increasing demand for the electronic smell sensing technologies, growing emergence of the digital market strategies for the products that include flavor & fragrance, rising penetration for the e-commerce shopping, and higher proliferation for the telemedicine or online healthcare services, and non-invasive healthcare techniques. Inclusion of sense of smell is expected to create enormous possibilities of use cases in various end-use...

High prevalence of infectious diseases is a major factor driving market revenue growth for point-of-care testing Vancouver, Dec. 04, 2023 (GLOBE NEWSWIRE) — The global Point-of-Care Testing (POCT) market size reached USD 39.80 Billion in 2021 and is expected to register a significantly rapid revenue CAGR during the forecast period, according to latest analysis by Emergen Research. Point-of-Care (POCT) Testing Market Drivers: POCT can help with better management of infectious disease, specifically in underdeveloped and developing countries where access to diagnostic centers is limited and healthcare infrastructure is obsolete and inadequate. According to the report by The Joint United Nations Programme on HIV/AIDS (UNAIDS), about 20.6 million people in East and Southern Africa were living with HIV in 2018. In 2019, 20,000 new HIV...

Increasing R & D for the development of technologically advanced devices and growing incidences of skin diseases and neonatal jaundice are driving the demand of the Phototherapy Devices Market Vancouver, Dec. 04, 2023 (GLOBE NEWSWIRE) — The global Phototherapy Devices Market is expected to reach USD 949.89 Million by 2032, according to a new report by Emergen Research. The growth of this market can be attributed to the growing awareness among patients about the advanced diagnostic solutions provided by the improved healthcare structure. Increasing research and development by the key manufacturers for the technological advancement of the devices is augmenting the demand for the industry.  The pandemic has caused a shortage of essential life-saving devices and medical supplies. It has severely disrupted the supply chain and...

Technological advancement associated with automotive lightings coupled with increasing demand for premium cars are likely to stimulate demand Vancouver, Dec. 04, 2023 (GLOBE NEWSWIRE) — The Global Automotive Adaptive Lighting Market is projected to reach USD 5.64 billion in 2032. The continual development in automotive lighting applications, rising usage of the luxury passenger vehilces, increasing demand of automation in automobiles, demand of concept cars from high-income consumers and extensive growth in electric cars are boosting the demand of Automotive Adaptive Lighting Market. Technological innovations associated with automotive lighting industry are anticipated to stimulate market demand. For instance, a technology known as ‘laser matrix’ is improving the safety of high-beam driving. The technology combines laser lights,...

Rising demand for online gambling due to convenience and accessibility for players is one of the major factors driving Online Gambling Market revenue growth Vancouver, Dec. 04, 2023 (GLOBE NEWSWIRE) — The global online gambling market size was USD 63.53 Billion in 2022 and is expected to register a steady revenue CAGR of 11.3% during the forecast period, according to latest analysis by Emergen Research. Rising demand for online gambling, due to convenience and accessibility for players is a key factor driving market revenue growth. Online gambling is the act of playing chance games or betting on various events over the Internet. Players can use their devices to access these platforms and enjoy a wide variety of games and betting possibilities from anywhere at any time. Online gambling encompasses casino games, such as slots and...

Increasing demand for protein-based drugs and rising investments by governments for protein engineering are driving the demand of the Protein Engineering market Vancouver, Dec. 04, 2023 (GLOBE NEWSWIRE) — The global Protein Engineering Market is expected to reach USD 11.22 Billion by 2032, according to a new report by Emergen Research. The growth of this market can be attributed to the growing adoption of protein-based drugs compared to non-protein drugs. In addition, growing initiatives of the government, such as funding to encourage the research activities or increasing investments for the improvement of the healthcare infrastructure, are expected to drive the market’s growth. Biopharmaceutical companies are extensively investing in the research and development of protein engineering to obtain cost-effective and efficient...

ST. LOUIS, Dec. 04, 2023 (GLOBE NEWSWIRE) — Post Holdings, Inc. (NYSE: Post) (“Post”), a consumer packaged goods holding company, announced today it has completed the previously announced acquisition of the assets of Perfection Pet Foods, LLC, effective December 1, 2023. About Post Holdings, Inc. Post Holdings, Inc., headquartered in St. Louis, Missouri, is a consumer packaged goods holding company with businesses operating in the center-of-the-store, refrigerated, foodservice and food ingredient categories. Its businesses include Post Consumer Brands, Weetabix, Michael Foods and Bob Evans Farms. Post Consumer Brands is a leader in the North American ready-to-eat cereal and pet food categories and also markets Peter Pan® peanut butter. Weetabix is home to the United Kingdom’s number one selling ready-to-eat cereal brand, Weetabix®....

SOUTH SAN FRANCISCO, Calif. and BOULDER, Colo., Dec. 04, 2023 (GLOBE NEWSWIRE) — Standard BioTools Inc. (Nasdaq: LAB), driven by a bold purpose – Unleashing tools to accelerate breakthroughs in human health – and SomaLogic, Inc. (Nasdaq: SLGC), a leader in data-driven proteomics technology, today announced that the companies have set a date for their respective Special Meetings of Stockholders in connection with the pending all-stock merger which was previously announced on October 4, 2023. Each company will hold its respective Special Meeting of Stockholders virtually at 12 p.m. ET (10:00 a.m. MT / 9:00 a.m. PT) on Thursday, January 4, 2024. The stockholders of record as of the close of business on November 29, 2023, will be entitled to vote at their respective Special Meetings of Stockholders. The merger remains on track to close...

Acquisition creates formidable footprint for at-home testing, particularly for sexually transmitted infection (STI) testing; STIs are the most commonly reported infectious conditions in the USA, having reached epidemic proportions with no signs of slowing; imaware set to become the leading STI at-home testing company leveraging contracts with universities, health clinics, and state departments of public health.BOSTON and HOUSTON, Dec. 04, 2023 (GLOBE NEWSWIRE) — imaware, a digital health platform company powering home-testing for healthcare brands, and binx health, a molecular diagnostics and consumer testing company, today announced that imaware has acquired binx health’s at-home consumer testing business. The acquisition will expand imaware’s position in the growing market for home-health testing and expand the number of...