The proliferation of advanced electronic control systems has made optical sensors more accurate and reliable while increasing response time, robustness, communications capabilities, and efficiency. The continuous innovations and investments in research and development to meet changing consumer preferences has led to improved fabrication techniques and enhanced sensing abilities at lower costs, thus driving market growth.
For the general labware equipment market, a combination of diagnostic or patient-related factors coalesce with the need for biosciences companies to provide effective drugs within a limited period of time. Stringent regulations of the drug development process have increased global activity for clinical laboratories in terms of quantity and quality.
Topics: Instrumentation and Sensors
Metrology is one of the most important aspects in manufacturing and has applications in each step of the manufacturing process. It is used for designing the conditions for observation of the entire process, including constructing and calibrating instruments. In addition, metrology is used to determine whether captured data is significant.
In vitro diagnostics (IVD) is one of the most important areas in the global healthcare industry -- and the highest revenue segment of the multibillion dollar medical devices market.
Although hit hard by the recent economic recession, the plastics industry remains one of the global economy's largest and fastest-growing industrial sectors. According to BCC Research, the U.S. plastics industry accounted for more than 900,000 jobs and $380 billion in shipments during 2010. Throw suppliers into the bargain, and that number soars to 1.4 million jobs, and total shipments grow to $417 billion.
A microbe is a minute living organism, such as a bacterium, yeast, or fungus. The first commercial applications of microbes date back to around 1750 BC, when the ancient Sumerians used yeast to brew beer. Microbes were used for centuries to produce bread, wine, vinegar and other common products -- without anyone knowing the scientific basis for the ingredient.
The hydrogen economy is a vision of a future economy in which hydrogen used directly as a fuel or converted to electricity in systems such as fuel cells serves the primary form of energy for transportation and other mobile and fixed applications. However, hydrogen currently accounts for a negligible share of global energy consumption. It is currently used mainly as a process input in industries ranging from fertilizer to metallurgy. The largest single-end use of hydrogen is in refining crude oil into the gasoline used to power motor vehicles.
Topics: Energy and Resources
A recent shift in interest from starch-based ethanol to cellulosic ethanol has helped spur growth in the biofuel enzyme market. Indeed, researchers have produced low-cost cellulosic ethanol using techniques that have significantly lowered the cost of biofuel production, which has boosted market growth.
Topics: Energy and Resources
Global healthcare is currently in a very crucial phase of transformation. There is mounting pressure to reduce costs, improve quality and satisfy customers. The industry has been moving from a provider-driven model to a consumer-driven model. At the same time, the growing aging populations, increasing chronic conditions and rising awareness about healthcare is driving the demand for consumer-driven healthcare services. These factors are in turn generating demand for healthcare analytic tools to meet the high expectations.
Elder-care technologies are broadly defined as products and systems that increase the health status and quality of life for seniors. Information and communications technologies can help enhance the quality and efficiency of care provision, thus improving both the aging and caregiving experience. Monitoring technologies have the potential to improve older people’s safety, manage their health and assist them in maintaining their independence. Additionally, these technologies hold the promise of enormous cost savings for the healthcare system by enhancing the ability of providers to provide timely intervention prior to a patient’s deterioration requiring acute care.