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Showing posts from October, 2020

Huge Surge in NG Tubes and Giving/Extension Sets Due to COVID-19 Pandemic to Witness Exceptional Growth in Global Enteral Feeding Devices Market and Leads to Surpass 100 Million Units by 2026

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Industry Experts, Inc. unveiled the new market research " Enteral Feeding Devices – A Global Market Overview ". As per this global report, Impact of the COVID-19 pandemic on global enteral feeding devices will vary from device to device and country to country. Demand for enteral feeding pumps, nasogastric tubes and giving/extension sets has increased robustly due to overwhelming ICU admissions of critically ill COVID-19 patients. The impact of COVID-19 pandemic on global enteral feeding devices market is expected to differ in intensity depending on the device type. Sharpest declines would be expected in demand for PEG/J Kits, Low-Profile Devices and Gastrointestinal Tubes, due to cancelled or delayed elective procedures and delay in tube replacements. On the other hand, demand for Feeding Pumps, Nasointestinal Tubes and Giving/Extension Sets is forecast to witness robust gains during 2019-2020, due to the extra demand created from COVID-19 related ICU admissions. The Entera...

Impact of COVId-19 Pandemic on Global Powder Metallurgy Market - 2019-2026

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Industry Experts, Inc. released an updated 2020 version of the global market report entitled " Powder Metallurgy – A Global Market Overview ". As per the new report, the demand for Powder Metallurgy in Asia-Pacific is likely to record the fastest 2019-2026 CAGR of 6.9% in reaching a projected US$3.9 billion by 2026. COVID-19 has sent the global markets into a tizzy with the impact it has had and the Powder Metallurgy (PM) industry is no exception to this. However, the overall effect of this malaise on the market for PM may not be as pronounced as being witnessed by other sectors. The major end-use industries of PM include Automotive with over 75% share in 2019, with Aerospace, Electrical & Electronics and Medical accounting for nearly similar smaller splits. Automotive accounts for about three-fourth of the global Powder Metallurgy market in 2019 and also projected to lead the market through to the analysis period 2019-2026. The overall Powder Metallurgy market is estim...