Pain management therapeutics market is projected to reach $86 Billion by the end of 2025
As the world grapples with the rising incidence of chronic pain, the demand for advanced therapeutics to curb the health problem is more than ever. According to analysts nearly 20% of the global population suffers from chronic pain. In addition, the prevalence of chronic ailments, the increasing number of surgeries conducted worldwide, changing lifestyle, and the rising geriatric population are continuing to add roughly 10% new patients to the number every year.
These factors have been giving significant impetus to the global pain management therapeutics market and is expected to drive the market at a robust pace in the forthcoming years. According to Crystal Market Reports, the global pain management therapeutics market is likely to exhibit a CAGR of 3.7% between 2016 and 2025. At this pace, the market which was valued at $60.2 Billion in 2015, is projected to reach $86 Billion by the end of 2025.
Physical security market could reach to a $173.53 billion valuation by the end of 2023
The global physical security market is predicted to see growth on the back of rising focus on finding solutions for overcoming security problems across the world. In order to keep a check on criminal activities and terrorism and avoid their occurrence, governments have been allocating increasing budgets for physical security. Adoption of physical security in businesses, industries, and other end-use sectors could gain impetus with rising government regulation in several countries that require improved security levels. Emerging regions such as Asia Pacific directing strong investments to infrastructure development could be a powerful factor augmenting the demand for physical security.
As per chipmaker ARM, looking at aggressive adoption of internet-connected devices that make up IoT, security is no longer optional. In this regard, the company has come up with a microprocessor that could improve physical security capabilities of such devices. Developers could be enabled to obtain a higher level of security certification and restrict physical tampering with the use of the processor named Cortex-M35P as it makes physical security accessible.
Conductive rubber refers to any rubberized material having conductive properties
Conductive rubber refers to any rubberized material having conductive properties that lessen or eliminate the electromagnetic interference and radio frequency interference that is mostly associated with electronics. While there are quite a few materials that can be considered as synthetic rubber, conductive silicone rubber which are metallized filled silicones are seeing swift uptake.
Some of their unique perceived benefits are high degree of flexibility, strong elasticity, and improved mechanical properties. They have stellar electrical and thermal conductivity as well and can easily beat the conventional metallic conductor in this area. Conductive silicone rubber can withstand harsh environment conditions and are resistant to corrosion. Further conductive silicone rubber also offer electromagnetic shielding effect alongside protection from electrostatic discharge in various electrical applications. The silicone rubber that is manufactured can be then be shaped into strips and sheets depending upon the requirement.