Artificial Intelligence
Biotextiles Market to Rise at a CAGR of 9.5% during Forecast Period, Data by Contrive Datum Insights
Farmington, Jan. 11, 2023 (GLOBE NEWSWIRE) — The Global Biotextiles Market Is Projected To Grow At A CAGR Of 9.5% From 2022 To 2030. Biotextiles are structures made of textile fibres that are made to work in certain biological settings. How well these biotextiles work depends on how stable they are and how well they work with biological fluids and cells. Implantable devices like hernia repair fabrics, surgical sutures, artificial skin, arterial grafts, and some parts of artificial hearts are all examples of bio textiles.
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Biotextiles are a new kind of fabric that has been put on the market. They are made with genetically modified vitamins, microorganisms, enzymes, etc. Because they are therapeutic, medicinal, and protective, these biotextiles are used in many ways in the medical field. With the medical field growing around the world, the demand for biotextiles is likely to grow quickly in the near future.
Biotextiles Market Recent Developments:
- In 2021, Origin Materials and PrimaLoft form a strategic alliance to develop carbon-negative insulating fibers for outdoor gear, bedding, and apparel.
- In September 2020, NatureWorks announced a manufacturing technology project involving lactide monomer purification efficiency at its Blair, Nebraska facility, which will increase the availability of Ingeo’s (PLA) biomaterials portfolio by 10%.
- In 2020, Puma launched a bio-polyester shirt, and Versace has a full line of clothing called Ingeo, made primarily from corn.
Biotextiles Market Segmentation Analysis:
Type Insights
Non-bioabsorbable describes a substance that cannot be metabolized by the body’s natural mechanisms. This may indicate that the substance is insoluble in water or fat, or that it has a high molecular weight, making it difficult for the body to absorb. Non-bioabsorbable materials may be utilized in medical devices, wound dressings, and other goods where absorption by the body is undesirable. Bioabsorbable is a material that can be organically metabolized by the cells and tissues of the body. After implantation, it is typically removed from the human body within a few days to weeks. Some bioabsorbable materials may cause modest adverse effects, such as itching or soreness, which disappear after 48 hours.
Application Insights
By application, the market is split into hospitals, clinics, and others. In 2022, the hospital segment dominated the global textiles market due to rising healthcare expenditures and government initiatives like as Make In India, which promotes domestic manufacture. The Clinic sector is anticipated to develop faster than the Hospital segment over the projected period as doctors and surgeons become more aware of new technologies such as bio-based materials. In addition, increased investments in tissue regeneration research and development are anticipated to drive product demand in this application category over the projection period. In addition, the increasing usage of these products by veterinarians for wound healing and skin protection is anticipated to contribute to growth throughout the forecast period.
Biotextiles Market Regional Outlook:
The United States was the biggest market in North America, followed by Canada and Mexico. North America has a very high demand for biotextiles, especially in the United States and Canada, where a lot of money is spent on healthcare. Biotextiles are expected to be in high demand in the region because artificial organs are becoming more popular and biotextile products are getting better and better.
Germany has the biggest market in Europe, followed by France, Italy, and the UK. China and India have also been two of the largest markets for biotextiles. Demand for biotextiles is expected to keep going up in the region because people are getting more money and spending more on health care. Biotextiles are also likely to be in high demand in developing Asia-Pacific nations like Indonesia.
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Scope of Report:
| Report Attributes | Details |
| Growth Rate | 8.6% from 2023 to 2030 |
| By Type | Non-bioabsorbable, Bioabsorbable |
| By Applications | Hospital, Clinic |
| By Companies | ATEX Technologies, C.R.Bard, Confluent Medical, Culzean Textile, Getinge Group, J-Pac Medical, Medtronic, Poly-Med, RUA Medical, Terumo, U.S. Biodesign, And Others |
| Base Year | 2022 |
| Historical Year | 2017 to 2021 |
| Forecast Year | 2023 to 2030 |
Market Dynamics:
Trends And Opportunities
Biotextiles are also used in the defense industry, where they are used to make protective clothing and bandages, among other things. Most of these materials are good for the environment, and different microorganisms can help the human body get food, heat, and moisture from them.
Man-made hearts are made with biotextiles. Organ transplantation has become a way for people with acute organ failure to get the help they need as the medical field has become more advanced and innovative. The need for artificial organs is also growing around the world because there are more patients and not enough organ donors. Also, advances in technology have made it possible to use artificial organs in organ transplants. Recently, the market got some new, more advanced artificial organs that are safer and work better with the body. Biotextiles have been used a lot to make artificial organs, so as this market grows, so should the demand for biotextiles. As the number of people who use artificial organs as artificial hearts and kidneys grow, they help people live longer and have a better quality of life.
Key Segments Covered:
Top Market Players:
ATEX Technologies, C.R.Bard, Confluent Medical, Culzean Textile, Getinge Group, J-Pac Medical, Medtronic, Poly-Med, RUA Medical, Terumo, U.S. Biodesign, And Others.
Biotextiles Market by Types:
- Non-bioabsorbable
- Bioabsorbable
Biotextiles Market by Applications:
- Hospital
- Clinic
Regions and Countries Covered
- North America: (US, Canada, Mexico, and Rest of North America)
- Europe: (Germany, France, Italy, Spain, UK, Nordic Countries, Benelux Union, Rest of Europe)
- Asia-Pacific: (Japan, China, India, Australia, South Korea, Southeast Asia, Rest of Asia-Pacific)
- The Middle East & Africa: (Saudi Arabia, UAE, Egypt, South Africa, Rest of the Middle East & Africa)
- Latin America: (Brazil, Argentina, Rest of Latin America)
- Rest Of the World
Check out more related studies published by Contrive Datum Insights:
Hometech Textiles Market – The Global Hometech Textiles Market is estimated to grow at a CAGR of 5.8% during the forecast period. Owing to the exploding population of the continent, Asia-Pacific accounts for the largest share of the global home textile market. North America holds the second largest share of the total hometech textile market worldwide. Latin America is the third largest consumer of hometech textiles worldwide, behind North America.
Core Biopsy Needles Market – The Global Core Biopsy Needles Market Size Is Projected To Grow At A CAGR Of 5.5% During The Forecast Period 2022-2030. North America dominates the core needle biopsy market owing to the prevalence of sophisticated healthcare infrastructure, increased research and development proficiencies by the pharmaceutical companies and rapid adoption of new and better healthcare technologies.
Biohacking Market – The Global Biohacking Market size was valued at USD 18.95 Billion. in 2022, and the total revenue is expected to grow by 19.8 % from 2022 to 2030, reaching nearly USD 80.40 Billion. The North American region is expected to hold the largest market share in the global biohacking market, due to various state laws in the US, regulating experiments in biology, thus making it Make it easy for biohackers to share tips and tricks to help out.
Granular Biochar Market – The granular biochar market is expected to grow from US$ 68,789.87 Thousand in 2022 to US$ 134,541.08 Thousand by 2029; it is estimated to grow at a CAGR of 11.8% from 2022 to 2030. In 2021, Asia Pacific dominates the global market. Furthermore, it is expected to be the fastest growing region during the forecast period. The granular biochar market in the Asia Pacific is growing owing to various factors such as increasing demand for organic and healthy products, increasing use of granular biochar in the water and wastewater treatment industry, implementation of the latest technologies in the region, and expanding research and development efforts.
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Artificial Intelligence
Grant Cardone Lists $42M Miami Mansion on Blockchain Real Estate Platform Propy
American best-selling author, businessman, and investor chooses Propy’s onchain real estate platform to list Golden Beach, Florida, house.
MIAMI, July 2, 2024 /PRNewswire/ — Propy, a technology company revolutionizing real estate via blockchain and AI, today announced that high-profile American entrepreneur Grant Cardone has listed a Golden Beach, Florida, private property for sale on Propy’s blockchain-based real estate platform with an asking price of $42,000,000 accepting cryptocurrency. This marks the first venture into emerging technologies in proptech for Cardone, a serial founder, best-selling author, equity fund manager, and business and real estate investor. The home is listed on the Propy marketplace with the deed minted onchain.
Propy simplifies the home-purchasing experience and eliminates fraudulent transactions by using a decentralized title registry and an escrow settlement protocol for securely storing land records and facilitating transactions, as well as accepting or converting cryptocurrency if a buyer chooses this form of payment. Leveraging the immutability of the blockchain, Propy ensures that buyer and seller private information is secure throughout the transaction. Automating and bringing the entire process online and onchain enables closing on a property to be faster, easier, and more secure than the outdated, traditional real estate transaction model.
Commenting on the listing, Grant Cardone said, “We are all in on blockchain revolutionizing real estate. We are leveraging top-tier technology to make transactions seamless and unstoppable. This is the future of real estate, and we’re leading the charge!”
The private address is minted on PropyKeys protocol – an onchain tokenized address market developed on the Base network (Coinbase Layer 2 on Ethereum). PropyKeys brings real estate onchain through NFT home addresses and aims to bring one million home addresses onchain by 2025. The Propy marketplace also grants prospective buyers the option to pay using Bitcoin or US dollars.
Natalia Karayaneva, Founder and CEO of Propy, said, “It is a privilege for us to be the platform of choice for high-end property sellers, enhancing our offering to our community of high net-worth individuals, investors, and crypto buyers. With Propy’s advanced blockchain rails, compliant crypto and dollar payments, and unwavering focus on privacy, our clients can confidently navigate the closing process. The inclusion of Cardone’s listing in BTC and USD on Propy, minted with our latest privacy deed feature, highlights our leadership in the intersection of real estate and crypto.”
Additional details on the Cardone property are available on Propy’s website. Interested parties should contact the listing agent for viewings and further details.
Natalia Karayaneva, Founder and CEO of Propy, is available for interview upon request.
About Propy:
Propy is a US-licensed title company and a pioneering platform leveraging blockchain and AI technology to facilitate seamless transactions of real-world assets (RWA), specifically focused on revolutionizing global real estate markets. As an industry leader, Propy specializes in providing secure and efficient solutions, ensuring an enhanced experience for buying and selling properties worldwide.
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Artificial Intelligence
DataLend: Securities Lending Revenue Down 16% Year-Over-Year to $2.53 Billion in Q2 2024
Global revenue declines year-over-year due to lagging equities performance in the U.S. and EMEA
NEW YORK, July 2, 2024 /PRNewswire/ — The global securities finance industry generated $2.53 billion in revenue for lenders in the second quarter of 2024, according to DataLend, the market data service of fintech EquiLend. The figure represents a 16% decrease from the $3.00 billion generated in Q2 2023.
Global broker-to-broker activity, where broker-dealers lend and borrow securities from each other, generated an additional $696 million in revenue during Q2, a 9% decrease year-over-year.
Regionally, equity revenue fell 33% in EMEA and 19% in North America compared to the same period last year. A 22% decline in fees in North America and a 23% dip in EMEA accounted for the majority of the decreased revenue. Equity revenue in APAC increased 8% thanks to a 13% increase in fees.
Global fixed income performance declined by 11% in Q2 year-over-year. While revenue from government securities was roughly flat, corporate debt revenue fell by 32%, a regression of a trend which saw corporate bonds running hot through much of 2022 and 2023.
In June 2024, the global securities finance industry generated $790 million in revenue for lenders. The figure represents a 11% decrease year-over-year from the $888 million generated in June 2023. Broker-to-broker activity totaled an additional $207 million in revenue in June, also an 11% decrease year-over-year.
The top five earners in June 2024 were Lucid Group (LCID US), Trump Media & Technology Group (DJT US), Canopy Growth Corporation NPV (CGC US & WEED CN), Beyond Meat Inc. (BYND US) and ImmunityBio Inc. (IBRX US). In total, the group generated $56 million in revenue in the month.
Bloomberg Terminal users can subscribe to EquiLend’s exclusive Orbisa securities lending data by entering terminal shortcut APPS ORBISA or clicking the following link: https://blinks.bloomberg.com/screens/apps%20orbisa.
About DataLend
DataLend, the market data service within EquiLend’s Data & Analytics Solutions group, tracks daily market movements across more than 200,000 securities, covering $35 trillion in lendable assets and $2.6 trillion in on-loan assets for the securities finance market. www.datalend.com
About EquiLend
EquiLend is a global financial technology firm offering Trading, Post-Trade, Data & Analytics, RegTech and Platform Solutions for the securities finance industry. With offices in North America, EMEA and Asia-Pacific, EquiLend operates across various jurisdictions worldwide, adhering to the highest regulatory standards. The company is committed to excellence and innovation and is consistently recognized for its contributions to the industry. EquiLend is Great Place to Work Certified™ in the U.S., UK, Ireland and India and has been honored as the Best Post-Trade Service Provider Globally, Best Market Data Provider Globally and for its outstanding Diversity & Inclusion initiatives in the Securities Finance Times Industry Excellence Awards 2023. www.equilend.com
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Artificial Intelligence
Endpoint Security Market to Transcend USD 36.01 billion by 2031 Owing to Cutting-Edge Cybersecurity in Safeguarding Online Infrastructure| SkyQuest Technology
WESTFORD, Mass., July 2, 2024 /PRNewswire/ — According to SkyQuest, the global Endpoint Security Market size was valued at USD 10.40 billion in 2022 and is poised to grow from USD 11.94 billion in 2023 to USD 36.01 billion by 2031, growing at a CAGR of 14.8% in the forecast period (2024-2031).
Organizations use advanced security solutions as their first line of defense in cybersecurity to protect their company network infrastructure. Market expansion is anticipated as Bring Your Own Device (BYOD) policies are implemented more frequently. For instance, the web threat intelligence detection XDR solution FortiXDR was introduced by Fortinet, Inc. BlackBerry Limited introduced the managed detection and response (MDR) service in a similar manner. Additionally, for endpoint security, Broadcom, Inc. has introduced Adaptive Protection. Solutions are heavily reliant on emerging technology, including cloud computing, artificial intelligence (AI), the Internet of Things (IoT), and others.
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Endpoint Security Market Overview:
Report Coverage
Details
Market Revenue in 2023
$ 11.94 billion
Estimated Value by 2031
$ 36.01 billion
Growth Rate
Poised to grow at a CAGR of 14.8%
Forecast Period
2024–2031
Forecast Units
Value (USD Billion)
Report Coverage
Revenue Forecast, Competitive Landscape, Growth Factors, and Trends
Segments Covered
Component, Enforcement Point, Enterprise Size, End-User and Deployment
Geographies Covered
North America, Europe, Asia Pacific, Middle East & Africa, Latin America
Report Highlights
Updated financial information / product portfolio of players
Key Market Opportunities
Rising Number of Connected Devices
Key Market Drivers
Rising trend of BYOD
Segments covered in Endpoint Security Market are as follows:
ComponentSolutions (Endpoint Protection Platform (EPP) (Antivirus, Anti-Spyware/Anti-Malware, Firewall, Endpoint Device Control, Intrusion Prevention, Endpoint Application Control, Others), Endpoint Detection and Response (EDR)), Services (Professional Services (Training and Consulting, Integration and Implementation, Support and Maintenance), Managed Services)Enforcement PointWorkstations, Mobile Devices, Servers, Point of Sale Terminals, OthersEnterprise SizeLarge Enterprises, Small and Medium Enterprises (SMEs)End-UserGovernment & Public Sector, BFSI, Healthcare, IT & Telecom, Transportation, Education, Manufacturing, Retail & e-commerce, OthersDeploymentCloud, and On-PremiseRequest Free Customization of this report:
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Large Enterprises Redefining Endpoint Security in Global Arena
The worldwide endpoint security market is shaped in large part by the size of the enterprise. The need for comprehensive and scalable solutions is generally driven by large organisations, whilst small and medium-sized enterprises (SMEs) prioritise cost-effective security measures that are suited to their specific needs. Market strategies and product development are influenced by this segmentation to effectively meet the diverse needs and budgets of organisations.
Large corporations have a great deal of influence in the global endpoint security market, owing to their sizable financial backing for all-encompassing cybersecurity solutions. By fitting by the artificial intelligence and machine learning technology as well as having the wide network infrastructure and following to regulation guidelines strictly, they hold an exclusive position to enhance ingenuity and expand market and at the same time set up security standards in the industry.
SMEs being small and financially limited create a big part of the world’s endpoint security demand driving demand for trustworthy, low-priced security solutions. Small and financially constrained firms need help protecting themselves from cyber threats as they tend to adopt new tech fast, yet they face higher risks of online attacks. This is due to SMEs are quick in adopting new technologies but are also at risk from online attacks.
View report summary and Table of Contents (TOC):
https://www.skyquestt.com/report/endpoint-security-market
Optimizing Performance through Strategic Deployment in Endpoint Security
Deployment in the worldwide endpoint security sector signifies the activities involving placing security systems into operation and orchestrating these solutions across various networks and gadgets. It is proverbial that deploying well means better protection from cyber-attacks, fewer weak points, more speed thereby preserving invaluable information for all organizations worldwide.
In the worldwide endpoint security industry, on-premises deployment gives users more control and customisation by installing security solutions directly on local servers and devices. This method is critical for companies with strict regulations on data security since it ensures that they adhere to legal requirements, directly control their sensitive information thereby upholding strong security and operational integrity.
In the worldwide endpoint security industry, cloud deployment uses remote servers to offer flexible, scalable security solutions. This approach is central in enabling organization to promptly respond to fresh dangers, reduce infrastructure budget and maintain reliable real time security on all endpoints as it is easy to incorporate, affordable and allows immediate updates.
Crucial Role of Enterprise Size and Advanced Deployment Strategies To turn Fruitful
Modern advanced security solutions are essential for safeguarding organisational network infrastructures in the quickly changing digital landscape of today. The increased spread of BYOD policies is driving demand for such cutting-edge solutions as Broadcom’s Adaptive Protection, BlackBerry’s MDR, and Fortinet’s FortiXDR. Advanced technology adoption, compliance, and scalability are key priorities for big enterprises, which use their large resource bases, while small and midsize businesses are pushing for good quality and affordable cybersecurity solutions. Efficient implementation, regardless of on-premises or cloud-based options, guarantees all-encompassing security and uninterrupted operations, providing defence against the continuously increasing risk of cyberattacks.
Related Reports:
Cyber Security Market
Network Security Market
Managed Security Services Market
Cloud Security Market
Application Security Market
About Us:
SkyQuest is an IP focused Research and Investment Bank and Accelerator of Technology and assets. We provide access to technologies, markets and finance across sectors viz. Life Sciences, CleanTech, AgriTech, NanoTech and Information & Communication Technology.
We work closely with innovators, inventors, innovation seekers, entrepreneurs, companies and investors alike in leveraging external sources of R&D. Moreover, we help them in optimizing the economic potential of their intellectual assets. Our experiences with innovation management and commercialization has expanded our reach across North America, Europe, ASEAN and Asia Pacific.
Contact:Mr. Jagraj SinghSkyQuest Technology1 Apache Way,Westford,Massachusetts 01886USA (+1) 351-333-4748Email: [email protected] Our Website: https://www.skyquestt.com/
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