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In the United States, the Pharmaceutical market can be categories into two types of drugs Traditional as well as Specialty drugs. In recent times, Specialty drugs have gained a substantial foothold in the US market, and as estimated, it tends to gain more momentum in the upcoming years. For this, the credit goes to the companies initiatives towards Research and Developments (R&D’s) of these drugs. As per Renub Research Analysis, it is expected that United States Specialty Pharmaceutical Market will be US$ 387 Billion by 2026.
Carl Zeiss Company was the first commercial company that has introduced a fundus camera to the world. Launch of Fundus photography has helped in easy retinal imaging and screening. Fundus camera provides photographing of rare of an eye (i.e. fundus). It also plays an important role to detect the cause of blindness. Diabetic retinopathy is the most common leading cause of blindness across the globe. A globally surging ageing population, sedentary lifestyle leads to diabetes. As per a new report by Renub Research, Global Fundus Camera Market will be US$ 642 Million by 2026.
China is one of the largest e-grocery markets in the world and is poised for explosive growth in the future too. With a population of 1.4 Billion, the potential value growth in the Chinese online grocery market is phenomenal. COVID-19 pandemic has boosted the online groceries market in China, with demand for home fulfilment soaring to record high. China’s two largest eCommerce companies Alibaba’s Tmall and JD.com, have a strong position in online grocery. Walmart via JD.com and Sun Art Retail are other key online grocery retailers in China. According to Renub Research analysis, the China Online Grocery Market will be US$ 219 Billion by the end of the year 2026.
The aluminium foil is made by molten aluminium by rolling aluminium slabs cast into a rolling mill. The thickness of the foil is maintained by the technician and as per the demand of users. For its strength purpose, the aluminium foil is doubled and put in the cold rolling mill and rolled to the desired thickness. It helps aluminium foil from breakage. According to Renub Research analysis, by the end of the year 2026, the Aluminium Foil Packaging Market will be around US$ 34.2 Billion.
Online food delivery is the process of ordering food through a website or mobile applications. These applications and web pages offer filters and wide range of paying methods, like net banking, prepaid cards and cash on delivery. In the United States online food delivery system is very popular, as it is associated with convenience. According to Renub Research report, United States Online Food Delivery Market will be worth USD 34.2 Billion by the end of year 2026.
Hand sanitizer is an antiseptic in the form of gels, foams, sprays, or in liquid which is used instead of wash hands to avoid infectious diseases. Surging importance of hygiene and sanitization to prevent contagious diseases among the Asia-Pacific’s region will further boost the growth of this market. China & India are the major markets for the hand sanitizer owing to growing awareness regarding hygiene, especially hand hygiene as well as health consciousness among population along with the outbreak of numerous diseases. According to Renub Research report, The Asia Pacific Hand Sanitizer Market will be USD 4.5 Billion by the end of the year 2026.
Globally, Cardiovascular diseases are the leading cause of mortality. According to the World Health Organisation, nearly 17.9 million global deaths occur due to Cardiovascular disease every year. According to the American Heart Association (AHA), more than 800 Thousand individuals die from cardiovascular diseases in the United States each year and nearly 92.1 million Americans are living with some form of cardiovascular disease. A cardiac arrhythmia is a condition where the person heartbeat is irregular, i.e., either, too slow, or too fast. Cardiac arrhythmia monitoring devices help in monitoring the patients who are at risk with heart arrhythmia. According to Renub Research Analysis, Global Cardiac Arrhythmia Market will be US$ 7.9 Billion by 2026.
In China, in vitro diagnostic industry has been emerged since the 1980s, and now the key players are manufacturing from single and straight forward products to complete industrial chains. The 21st century brought a rapid development in China IVD industry, where all the tools such as reagents and instruments are produced in-house. Nowadays the global companies have put their steps in China and engaged in business activities of in vitro diagnostic industry. The increasing number of test volumes related to clinical chemistry, immunoassay, haematology, coagulation and microbiology are in high demand. They are acting as a catalysing role for the growth of the China IVD industry. According to Renub Research analysis, China In Vitro Diagnostics Market will be USD 22.3 Billion by 2026.