Outlook on the Global Gift Card & Incentive Card Market, 2020-2024: Opportunities, Trends, and Forecasts at the Global, Regional & Country Level

DUBLIN, Aug. 4, 2020 /PRNewswire/ — The «Global Gift Card and Incentive Card Market Intelligence…

DUBLIN, Aug. 4, 2020 /PRNewswire/ — The «Global Gift Card and Incentive Card Market Intelligence and Future Growth Dynamics (Databook) – Market Size and Forecast (2015-2024) – COVID-19 Update Q2 2020» report has been added to ResearchAndMarkets.com’s offering.

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This report details the impact of economic slowdown along with change in business and consumer sentiment due to disruption caused by COVID-19 outbreak on gift card industry.

Though growth of gift card industry has been impacted due to pandemic, there are certain segments which will gain market share. There are interesting trends emerging across various segments, which are expected to fundamentally reshape gift card industry dynamics. Despite near-term challenges, medium to long term growth story of gift cards remains strong.

This offering is a bundled offering, combining 20 country reports: Argentina, Australia, Brazil, Canada, China, France, Germany, India, Indonesia, Italy, Kenya, Mexico, Nigeria, Philippines, Russia, South Africa, Thailand, United Arab Emirates, United Kingdom, United States.

Country reports included in this bundled offering provide a detailed data centric analysis of gift cards and corporate incentive cards market along with consumer behaviour and retail spend dynamics. With over 200 KPIs at country level, these reports provide comprehensive understanding of gift and incentive card market dynamics. The report includes raw data along with structured dashboards, charts, and tables in an interactive Excel format.

This bundled offering includes country level trend analyses across the following gift card segments:

  • Total gift market: This report provides detailed view of overall spend on gifts, broken down by retail and consumer segments. For both retail and consumer segments, this report provides a breakdown of spend on gifts by product categories (13 segments) and retail sectors (7 segments).
  • Gift cards: Drawing from proprietary survey results, this report provides in-depth analysis of opportunities in both open loop and closed loop prepaid gift card categories. Assesses consumer behaviour by type of consumer (retail and corporate – SMB, Mid-Tier, Large Enterprise), gifting occasion, digital gift card, and market share by retail sectors.
  • Details six essential KPIs: number of cards in circulation, load value, unused value, average purchase value, average value per transaction, and value of transactions.
  • Corporate incentive & loyalty cards: This report provides detailed market dynamics of corporate incentive cards, broadly segmented in three categories – consumer incentive card, employee incentive card, and sales/partner incentive card. It details market size and forecast at category level, by functional attribute (open loop and closed loop), and by corporate consumer segments (small scale business, mid-size business, and enterprise business).
  • Digital gift card (e-gift card) analysis: Provides market size and forecast for digital gift cards, broken down by retail and corporate buyers. It also includes gift card spend by occasion (retail – festivals & special celebration days, milestone celebration, self-use, other; Corporate incentive cards – consumer incentive card, employee incentive card, and sales/partner incentive card). The report also includes digital gift card adoption by company size.
  • Open loop and closed loop: Provides market estimates and forecasts to assess opportunities in open loop and closed loop gift and incentive card segments across consumer segments.
  • Consumer attitude and behaviour: Drawing from proprietary survey results, this report identifies and interprets key KPIs related to gift card dynamics including spend by age, gender, and income level. In addition, it provides an overview of how consumers are currently using gift cards across key retail sectors.
  • Retail spend: Breaks down retail spend across retail sectors (7 segments) to provide detailed insights on consumer behaviour and changing dynamics of gift card spend.
  • Market share by retailer: Provides market share of closed loop gift cards by key retailers.
  • Distribution channel analysis: Provides market share by distribution channel – online vs offline sales and 1st party vs 3rd party sales (sales through outlet of other retailers).

Report Scope

  • Total Spend on Gifts
  • Gift Card Market Size by KPIs across Consumer Segments
  • Gift Card Market Size by Consumer Segment
  • Digital Gift Card Market Size
  • Gift Card Market Size by Retail Consumer
  • Gift Card Spend by Consumer Behavior and Demographics
  • Gift Card Market Size by Corporate Consumer
  • Gift Spend by Product Categories (Split by Retail and Corporate Consumers)
  • Gift Card Spend by Retail Sector (Split by Retail and Corporate Consumers)
  • Gift Card Spend by Distribution Channel (Split by Retail and Corporate Consumers)
  • Closed Loop Gift Card Market Share by Key Retailers

Reasons to Buy

  • In-depth understanding of gift card and incentive card market dynamics: Understand market opportunity, key trends, and drivers along with five-year forecast (2015-2024) for gift cards and incentive cards at global, regional and country level.
  • Develop market specific strategies: Identify growth segments and target specific opportunities across consumer segments and occasions to formulate your gift cards strategy; assess market specific key trends and risks.
  • Get insights into consumer attitude and behaviour: Understand changing consumer attitude and behaviour and boost ROI. Get detailed insights into retail spend through gift cards for both retail and corporate consumers.
  • Get complete perspective through six essential KPIs: number of cards in circulation, load value, unused value, average purchase value, average value per transaction, and value of transactions.
  • Distribution channel insights: Understand gift cards sales dynamics by channels – online vs offline and by 1st party vs 3rd party sales

Companies Mentioned

  • Casino Guichard-Perrachon SA
  • Natura Cosmticos SA
  • Wal-Mart Stores Inc
  • Lojas Americanas SA
  • Adeo Groupe
  • Cencosud SA
  • Magazine Luiza SA
  • Saint-Gobain Distribution Nordic AB
  • and more!

For more information about this report visit https://www.researchandmarkets.com/r/t92hwx

Research and Markets also offers Custom Research services providing focused, comprehensive and tailored research.

Media Contact:

Research and Markets
Laura Wood, Senior Manager
press@researchandmarkets.com   

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SOURCE Research and Markets

Oklahoma Opts Out of Physician Supervision of CRNAs

PARK RIDGE, Ill., Aug. 4, 2020 /PRNewswire/ — Oklahoma is now the 19th state to opt out from federal regulations that require physician supervision of Certified Registered Nurse Anesthetists (CRNAs). The American Association of Nurse Anesthetists reports that governors of 18 states and Guam have exercised such exemptions prior to the Centers for Medicare & Medicaid Services’ (CMS) suspension for all states during the COVID-19 health crisis.

PARK RIDGE, Ill., Aug. 4, 2020 /PRNewswire/ — Oklahoma is now the 19th state to opt out from federal regulations that require physician supervision of Certified Registered Nurse Anesthetists (CRNAs). The American Association of Nurse Anesthetists reports that governors of 18 states and Guam have exercised such exemptions prior to the Centers for Medicare & Medicaid Services’ (CMS) suspension for all states during the COVID-19 health crisis.

«The signing of the opt-out in Oklahoma removes unnecessary red tape hindering access to care and optimizes our healthcare team. Oklahoma recognizes the critical need to ensure our state can provide care to every citizen at all times, not just during the Covid-19 pandemic,» said Jenny Schmitt, MS, CRNA, APRN, immediate past president of the Oklahoma Association of Nurse Anesthetists (OANA).  

In a July 29 letter to CMS administrators, Oklahoma Governor J. Kevin Stitt wrote that the «Oklahoma Standard is responding to the [pandemic] by ensuring that red tape is removed that precludes Oklahomans from receiving quality health care that Oklahomans deserve.»

«We know this will enhance and improve access to care throughout Oklahoma, particularly in the rural areas,» wrote Governor Stitt. «I have concluded this exemption to be consistent with Oklahoma law and to be in the best interest of all Oklahomans, rural communities and our hospital’s statewide.»

During the pandemic, nurse anesthetists across the country have, in addition to providing top-of-the-line anesthesia care, served as experts in airway management, hemodynamic monitoring, management of patients on ventilators, and overall management of critically ill patients. CRNAs have been essential in addressing the deadliest part of COVID-19.

This past May, Oklahoma’s state legislature unanimously passed a bill enabling CRNAs to administer anesthesia in collaboration with rather than under the supervision of a physician. According to OANA President Jason Wauson, APRN-CRNA, MSNA, Senate Bill 801 serves as «a historic piece of legislation» that fosters access to surgical and obstetrical care for Oklahomans.

«The passing of Senate Bill 801 increases access to care for all Oklahomans, which helps move Oklahoma towards a ‘top ten state.’ Several physician and nursing communities worked together to see SB 801 pass. Collaboration is key in healthcare,» said Schmitt, adding that, during this pandemic, «it is critical for CRNAs to have flexibility to respond to any crisis. When we come together as a healthcare community to work for the best outcomes of our patients, we all can accomplish great things.»

Cision View original content to download multimedia:http://www.prnewswire.com/news-releases/oklahoma-opts-out-of-physician-supervision-of-crnas-301106024.html

SOURCE American Association of Nurse Anesthetists

Technology Solution Makes Important Contribution to Ongoing Efforts to Connect Student Data Systems and Transform Education

GILBERT, Ariz., Aug. 4, 2020 /PRNewswire-PRWeb/ — Unicon, Inc., a leading technology consulting firm focused solely on the education ecosystem, today announced the release of the

GILBERT, Ariz., Aug. 4, 2020 /PRNewswire-PRWeb/ — Unicon, Inc., a leading technology consulting firm focused solely on the education ecosystem, today announced the release of the Ed-Fi ODS / API deployment for Amazon Web Services (Suite 3). This technology solution allows users to easily deploy a new copy of the Ed-Fi ODS / API to an Amazon Web Services tenant. It enhances interoperability, helping state and local education agencies get up and running with a modern IT architecture quickly, allowing them to make better use of data to support students. It was developed by Unicon in collaboration with the Ed-Fi Alliance, and Amazon Web Services.

The Ed-Fi Data Standard is a widely adopted open-source data standard developed by the educational community. It serves as the foundation for enabling interoperability among secure data systems and contains a unifying data model designed to capture the meaning and inherent structure in the most important information in the K–12 education enterprise. The Ed-Fi Operational Data Store (ODS) provides a secure, transactional information store that integrates data from multiple source systems and applications. The Ed-Fi API accompanies the Ed-Fi Operational Data Store and provides a developer-friendly interface to create, read, and update information.

«With the urgency and uncertainty of supporting students and educators during this public health crisis, connecting student data once and for all is more important than ever.» said Dave Mendez, Director of Cloud Services, Unicon. «Institutions and local and state education agencies are benefiting from the scalable nature of cloud infrastructure provided by AWS. The Ed-Fi ODS / API cloud deployment solution takes advantage of recent advancements in AWS deployment methods, resulting in templates that allow for better control of the environment, easier updates, and the concise documentation, while embracing AWS best practices regarding architecture, security, and management.»

The Ed-Fi ODS / API deployment solution is a set of cloud formation templates and Lambda functions that reduce the amount of time and effort needed to get a new instance of an Ed-Fi ODS / API up and running. Each deployment follows AWS best practices, providing a secure, highly available, performant, and cost effective solution for end users. The deployment takes just over one hour to complete, and the end user is provided with step-by-step documentation to ensure that the process of launching the solution is easy and efficient for new users of AWS. For more advanced users of AWS, the solution can be launched inside an existing Virtual Private Cloud to easily integrate with existing AWS solutions.

«Educators have more data sources today than ever before, and while more data is valuable, it’s not always useful, accessible and secure. That is the fundamental problem we are working to solve with our partners in the Ed-Fi Community,» said Chris Moffatt, Vice President of Technology, Ed-Fi Alliance. «Unicon and AWS have completed the technical work to help school districts and states stand up the Ed-Fi ODS / API quickly and securely in a modern cloud environment, which will help educators bring together data they need to support students, especially at this critical time.»

About the Ed-Fi Alliance
The Ed-Fi Alliance is a nationwide community of leading educators, technologists, and data advocates connecting student data systems in order to transform education. A not-for-profit organization founded in 2012 by the Michael & Susan Dell Foundation, Ed-Fi aims to boost student achievement by empowering educators with real-time, comprehensive insight into every student.

Ed-Fi technologies streamline data management in school districts and states across the country. By allowing schools to integrate data previously siloed within disconnected tools and software—and organizing it through a single, secure data standard —Ed-Fi solves one of the country’s most perplexing educational challenges: how to get a complete, accurate view of individual student achievement, so that every student can receive the support they need when they need it most.

About Unicon
Unicon is a leading technology consulting firm focused solely on the education ecosystem. We partner with institutions and companies to create learner-centric digital experiences to transform online teaching and learning. We believe in the power of technology to expand access to education, and in the power of education to create a better future for all. Unicon is a community member of the Ed-Fi Alliance, a contributing member of IMS Global Learning Consortium, a Commercial Affiliate of the Apereo Foundation, a Trust and Identity Solution Provider in the Internet2 Industry Program, an Industry Member of Internet2, an InCommon Participant, an Instructure Certified Partner, an Okta Premier Solution Provider, and a GSA Industry Partner and Consolidated Schedule Contract Holder. Unicon is also an AWS Partner Network (APN) Advanced Consulting Partner, has achieved the AWS Education Competency, and is a member of the AWS Public Sector Partner Program. For more information, visit unicon.net.

# # #
Unicon is a Registered Trademark of Unicon, Inc. All other product or service names are the property of their respective owners.

 

SOURCE Unicon, Inc.

Inaugural 2020 Craft Beer Marketing Awards’ «Crushie» Winners Announced in Virtual Awards Ceremony

NEW YORK, Aug. 4, 2020 /PRNewswire-HISPANIC PR WIRE/ — The Craft Beer Marketing Awards (CBMAs) is proud to announce a successful inaugural year and worldwide expansion of the program for 2021. This is the first awards program of its kind to celebrate the best marketing achievements in the craft brewing industry.

Due to the COVID-19 pandemic, the CBMAs pivoted to a digital format from the original ceremony that was to take place during April’s Craft Brewers Conference Week in <span…

NEW YORK, Aug. 4, 2020 /PRNewswire-HISPANIC PR WIRE/ — The Craft Beer Marketing Awards (CBMAs) is proud to announce a successful inaugural year and worldwide expansion of the program for 2021. This is the first awards program of its kind to celebrate the best marketing achievements in the craft brewing industry.

Due to the COVID-19 pandemic, the CBMAs pivoted to a digital format from the original ceremony that was to take place during April’s Craft Brewers Conference Week in San Antonio, TX. The 2020 CBMA «Crushie» winners were presented in a LIVE virtual ceremony on June 16, 2020 on Facebook and Zoom.

Winners of the CBMAs were announced among 32 categories and levels (Platinum, Gold, and Onyx) that were evaluated by a panel of over 100 industry-recognized judges. A total of 130 awards were presented to brewers, designers, and agencies from all across North America. Watch the presentation here.

In only its first year, the CBMAs received entries from nearly every state in the US, along with submissions from Mexico and Canada. View the full list of 130 winners at the 2020 CBMA Winners Page. Winning work can be viewed in the 2020 CBMA Winners Gallery.

Beverage marketers Jim McCune and Jackie DiBella developed the CBMAs for the purpose of honoring the best nationwide marketing achievements in the brewing industry. Breweries, their agencies, designers, and marketing partners were invited to enter their top work. Hillebrand is the presenting sponsor of the CBMAs.

«We’re honored to have received so much interest in our first year with entries from both big and small breweries, and their agencies, all across North America,» said DiBella. «There was a clear need for these awards to recognize the critical and increasing contribution that marketing efforts play in the competitive craft beer industry.»

Additionally, the 2021 CBMAs are expanding and will accept entries from across the world in beer, hard seltzer, and cider. The program will also add more categories for entry. The 2021 CBMAs will launch in September 2020.

«We were so impressed with what was submitted this past year,» added McCune. «We look forward to seeing even more amazing work next year from around the world!»

For more information and updates about the 2021 CBMAs, visit craftbeermarketingawards.com.

SOURCE Craft Beer Marketing Awards

Inaugural 2020 Craft Beer Marketing Awards’ «Crushie» Winners Announced in Virtual Awards Ceremony

NEW YORK, Aug. 4, 2020 /PRNewswire-HISPANIC PR WIRE/ — The Craft Beer Marketing Awards (CBMAs) is proud to announce a successful inaugural year and worldwide expansion of the program for 2021. This is the first awards program of its kind to celebrate the best marketing achievements in the craft brewing industry.

Due to the COVID-19 pandemic, the CBMAs pivoted to a digital format from the original ceremony that was to take place during April’s Craft Brewers Conference Week in <span…

NEW YORK, Aug. 4, 2020 /PRNewswire-HISPANIC PR WIRE/ — The Craft Beer Marketing Awards (CBMAs) is proud to announce a successful inaugural year and worldwide expansion of the program for 2021. This is the first awards program of its kind to celebrate the best marketing achievements in the craft brewing industry.

Due to the COVID-19 pandemic, the CBMAs pivoted to a digital format from the original ceremony that was to take place during April’s Craft Brewers Conference Week in San Antonio, TX. The 2020 CBMA «Crushie» winners were presented in a LIVE virtual ceremony on June 16, 2020 on Facebook and Zoom.

Winners of the CBMAs were announced among 32 categories and levels (Platinum, Gold, and Onyx) that were evaluated by a panel of over 100 industry-recognized judges. A total of 130 awards were presented to brewers, designers, and agencies from all across North America. Watch the presentation here.

In only its first year, the CBMAs received entries from nearly every state in the US, along with submissions from Mexico and Canada. View the full list of 130 winners at the 2020 CBMA Winners Page. Winning work can be viewed in the 2020 CBMA Winners Gallery.

Beverage marketers Jim McCune and Jackie DiBella developed the CBMAs for the purpose of honoring the best nationwide marketing achievements in the brewing industry. Breweries, their agencies, designers, and marketing partners were invited to enter their top work. Hillebrand is the presenting sponsor of the CBMAs.

«We’re honored to have received so much interest in our first year with entries from both big and small breweries, and their agencies, all across North America,» said DiBella. «There was a clear need for these awards to recognize the critical and increasing contribution that marketing efforts play in the competitive craft beer industry.»

Additionally, the 2021 CBMAs are expanding and will accept entries from across the world in beer, hard seltzer, and cider. The program will also add more categories for entry. The 2021 CBMAs will launch in September 2020.

«We were so impressed with what was submitted this past year,» added McCune. «We look forward to seeing even more amazing work next year from around the world!»

For more information and updates about the 2021 CBMAs, visit craftbeermarketingawards.com.

SOURCE Craft Beer Marketing Awards

COVID-19’s Impact on the Implantable Biomaterials Sector – Market to Decline by $6.3 Billion in 2020 due to Non-Emergency Surgeries Being Deferred in Order to Attend Critical COVID-19 Patients

DUBLIN, Aug. 4, 2020 /PRNewswire/ — The «Implantable…

DUBLIN, Aug. 4, 2020 /PRNewswire/ — The «Implantable Biomaterials Global Market Report 2020-30: COVID-19 Growth and Change» report has been added to ResearchAndMarkets.com’s offering.

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This report covers market characteristics, size and growth, segmentation, regional and country breakdowns, competitive landscape, market shares, trends and strategies for this market. It traces the market’s historic and forecast market growth by geography. It places the market within the context of the wider implantable biomaterials market, and compares it with other markets.

The global implantable market is expected to decline from $108.8 billion in 2019 to $102.5 billion in 2020 at a compound annual growth rate (CAGR) of -5.79%. The decline is mainly due to the COVID-19 outbreak that has deferred non-emergency surgeries in order to attend critical patients suffering from COVID-19. The market is then expected to recover and reach $136.59 billion in 2023 at a CAGR of 10.04%. North America was the largest region in the implantable biomaterials market followed by Europe in 2019.

The allocation of funds by government organizations in the development of new biomaterials contributed to the implantable biomaterials market’s growth. For instance, in 2017, the UK regenerative platform received $21 million in the span of five years from the joint initiative between the three councils Medical Research Council (MRC), Engineering and Physical Science Research Council (EPSRC) and Biotechnology and Biological Sciences Research Council (BBSRC), in tissue engineering, stem cell biology, biomaterials, and nanoscience bioengineering. The support from government organizations in the development of new biomaterials will drive the implantable biomaterials market.

Limitations of biomaterial-based products is a major challenge for the implantable biomaterials market. For instance, metal biomaterials can corrode due to chemical reactions within the body such as enzymes and acids or it can also cause some metal ion toxicity in the body. Polymer biomaterial implants have intensive interaction with the body and can lead to wear and tear and can absorb the important nutrients and water from the blood. Some biomaterial implants can also minimize bone ingrowth or sometimes, implants can loosen over time and become dislodged. These reactions that biomaterials have with the body restrain their use thereby negatively impacting the implantable biomaterials market’s growth.

Major companies in the implantable biomaterials market are implementing 3D printing of biomaterials in manufacturing. For instance, Evonik is producing 3D printable biomaterials for medical technology that are used for manufacturing medical implants with permanent body contact and temporary body contactline of bioresorbable filaments and powders. Implants with permanent body contact are based on VESTAKEEP PEEK, and with temporary body contact are based on RESOMER.

In August 2019, Linden, a US-based healthcare private equity firm, acquired Collagen Matrix Inc for an undisclosed amount. The acquisition is expected to be an operating partner-driven strategy and highlights their ongoing focus on medical products, and contract and private label manufacturing in dental and orthopedic sectors. Collagen Matrix is a collagen-based medical developer and manufacturer of orthopedic biomaterials.

Major players in the implantable biomaterials market are Evonik Industries AG, Royal DSM, Zimmer Biomet Holdings, Carpenter Technology Corporation, Collagen Matrix, Corbion, BASF SE, Invibio Ltd., and Celanese Corporation.

Report Deliverables

  • The market characteristics section of the report defines and explains the market.
  • The market size section gives the market size ($b) covering both the historic growth of the market, the influence of the COVID-19 virus and forecasting its growth.
  • Market segmentations break down market into sub markets.
  • The regional and country breakdowns section gives an analysis of the market in each geography and the size of the market by geography and compares their historic and forecast growth. It covers the growth trajectory of COVID-19 for all regions, key developed countries and major emerging markets.
  • Competitive landscape gives a description of the competitive nature of the market, market shares, and a description of the leading companies. Key financial deals which have shaped the market in recent years are identified.
  • The trends and strategies section analyses the shape of the market as it emerges from the crisis and suggests how companies can grow as the market recovers.
  • The implantable biomaterials market section of the report gives context. It compares the implantable biomaterials market with other segments of the implantable biomaterials market by size and growth, historic and forecast. It analyses GDP proportion, expenditure per capita, implantable biomaterials indicators comparison.

Key Topics Covered

1. Executive Summary

2. Implantable Biomaterials Market Characteristics

3. Implantable Biomaterials Market Size and Growth
3.1. Global Implantable Biomaterials Historic Market, 2015-2019, $ Billion
3.1.1. Drivers of the Market
3.1.2. Restraints on the Market
3.2. Global Implantable Biomaterials Forecast Market, 2019-2023F, 2025F, 2030F, $ Billion
3.2.1. Drivers of the Market
3.2.2. Restraints on the Market

4. Implantable Biomaterials Market Segmentation
4.1. Global Implantable Biomaterials Market, Segmentation By Material, Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F, $ Billion

  • Metallic
  • Ceramic
  • Polymers
  • Natural

4.2. Global Implantable Biomaterials Market, Segmentation By Application, Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F, $ Billion

  • Dental
  • Cardiovascular
  • Ophthalmology
  • Orthopedic
  • Others

5. Implantable Biomaterials Market Regional And Country Analysis
5.1. Global Implantable Biomaterials Market, Split By Region, Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F, $ Billion
5.2. Global Implantable Biomaterials Market, Split By Country, Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F, $ Billion

Companies Mentioned

  • 3M
  • aap Implantate AG
  • AdvanSource Biomaterials Corporation
  • Arthrex
  • BASF SE
  • Bayer AG
  • Berkeley Advanced Biomaterials
  • Biomet
  • Cam Bioceramics B.V.
  • Carpenter Technology Corporation
  • Celanese Corporation
  • CeramTec
  • Collagen Matrix
  • Collagen Solutions plc
  • CoorsTek Inc.
  • Corbion
  • DePuy Synthes Companies
  • E.I. DuPont De Nemours and Company
  • Evonik Industries AG
  • GELITA AG
  • Invibio Ltd.
  • Keystone Dental
  • KLS Martin
  • Medtronic
  • Orthofix Holdings
  • Royal DSM
  • SBM France
  • Stryker Corporation
  • Surgival
  • Wright Medical Technology
  • Zimmer Biomet Holdings

For more information about this report visit https://www.researchandmarkets.com/r/q2dq4j

Research and Markets also offers Custom Research services providing focused, comprehensive and tailored research.

Media Contact:

Research and Markets
Laura Wood, Senior Manager
press@researchandmarkets.com   

For E.S.T Office Hours Call +1-917-300-0470
For U.S./CAN Toll Free Call +1-800-526-8630
For GMT Office Hours Call +353-1-416-8900

U.S. Fax: 646-607-1904
Fax (outside U.S.): +353-1-481-1716

Cision View original content:http://www.prnewswire.com/news-releases/covid-19s-impact-on-the-implantable-biomaterials-sector—market-to-decline-by-6-3-billion-in-2020-due-to-non-emergency-surgeries-being-deferred-in-order-to-attend-critical-covid-19-patients-301105640.html

SOURCE Research and Markets

Global Biophotonics Market Amid COVID-19: A $5 Billion Decline is Projected for 2020 but Will Rebound and Reach $55 Billion by 2023

DUBLIN, Aug. 4, 2020 /PRNewswire/ — The «Biophotonics Global Market Report 2020-2030: COVID-19 Growth and Change» report has been added to ResearchAndMarkets.com’s offering.

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The global biophotonics market is expected to decline from $46.61 billion in 2019 to $41.21 billion in 2020 at a compound annual growth rate (CAGR) of -11.58%. The decline is mainly due to the COVID-19 outbreak that has led to restrictive containment measures involving social distancing, remote working, and the closure of industries and other commercial activities. The entire supply chain has been disrupted, impacting the market negatively. The market is then expected to recover and reach $55.13 billion in 2023 at a CAGR of 10.18%.

North America was the largest region in the global biophotonics market in 2019. Asia-Pacific was the fastest-growing region in the global biophotonics market in 2019.

The increasing demand for minimally invasive surgeries is contributing to the growth of the biophotonics market. Optical engineering and imaging technologies are playing a vital role in the evolving field of minimally invasive surgeries by enabling to visualize the manipulation of tissue at remote internal sites. According to the 2018 plastic surgery statistics report published by The American Society of Plastic Surgeons, the minimally invasive cosmetic procedures in the US reached 15.9 million in 2018, an increase of 2% over the previous year. Therefore, the surge in the number of minimally invasive surgeries annually worldwide is generating higher revenues for the biophotonics market.

The launch of new advanced techniques in the field of biotechnology is a major trend shaping the biophotonics market. For instance, in November 2018, a team of scientists at the University of St. Andrews (Scotland) developed a fluorescence microscopy technique that allows imaging of delicate biological samples with low damage in neuroscience and biomedicine. This low damage optical technique is projected to transform the world of biomedicine during the forthcoming years. Hence, the development of new and advanced techniques is gaining significant popularity in the biophotonics market.

High prices of biophotonic-based devices or instruments are anticipated to limit the growth of the biophotonics market. The price of biophotonics is comparatively higher than that of conventional instruments. They are considered as more complex attributing to the integration of biological units and the generation, manipulation, and detection of light units, thereby rising their price. This will negatively impact the biophotonics market growth.

In August 2018, Gooch & Housego (G&H), a photonics technology company engaged in manufacturing optical components and systems, announced the acquisition of medical device firm Integrated Technologies Ltd. (ITL) for an amount of $27.8 million (22 million). This acquisition is expected to double Gooch & Housego’s revenue of life science business and accelerate the company’s value chain. Integrated Technologies Ltd (ITL) was established in 1977 and designs, develops, and manufactures life-saving medical technologies, analytical instruments, and diagnostic devices.

Major players in the biophotonics market are Thermo Fisher Scientific, OPGEN, NU Skin Enterprises, IPG Photonics Corp., Idex Corp, Toshiba, Procter & Gamble, Horiba, and Precision Photonics Corp.

Report Scope

The report covers market characteristics, size and growth, segmentation, regional and country breakdowns, competitive landscape, market shares, trends and strategies for this market. It traces the market’s historic and forecast market growth by geography. It places the market within the context of the wider global biophotonics market, and compares it with other markets.

  • The market characteristics section of the report defines and explains the market.
  • The market size section gives the market size ($b) covering both the historic growth of the market, the influence of the COVID-19 virus and forecasting its growth.
  • Market segmentations break down market into sub markets.
  • The regional and country breakdowns section gives an analysis of the market in each geography and the size of the market by geography and compares their historic and forecast growth. It covers the growth trajectory of COVID-19 for all regions, key developed countries and major emerging markets.
  • Competitive landscape gives a description of the competitive nature of the market, market shares, and a description of the leading companies. Key financial deals which have shaped the market in recent years are identified.
  • The trends and strategies section analyses the shape of the market as it emerges from the crisis and suggests how companies can grow as the market recovers.
  • The global biophotonics market section of the report gives context. It compares the global biophotonics market with other segments of the global biophotonics market by size and growth, historic and forecast. It analyses GDP proportion, expenditure per capita, global biophotonics market indicators comparison.

Key Topics Covered

1. Executive Summary

2. Biophotonics Market Characteristics

3. Biophotonics Market Size And Growth
3.1. Global Biophotonics Historic Market, 2015-2019, $ Billion
3.1.1. Drivers Of The Market
3.1.2. Restraints On The Market
3.2. Global Biophotonics Forecast Market, 2019-2023F, 2025F, 2030F, $ Billion
3.2.1. Drivers Of The Market
3.2.2. Restraints On the Market

4. Biophotonics Market Segmentation
4.1. Global Biophotonics Market, Segmentation By Product Technology, Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F, $ Billion

  • In-Vitro
  • In-Vivo

4.2. Global Biophotonics Market, Segmentation By Application, Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F, $ Billion

  • See-Through Imaging
  • Inside Imaging
  • Spectromolecular
  • Surface Imaging
  • Microscopy
  • Light Therapy
  • Biosensors
  • Others

4.3. Global Biophotonics Market, Segmentation By End Use, Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F, $ Billion

  • Diagnostics
  • Therapeutic
  • Tests
  • Others

5. Biophotonics Market Regional And Country Analysis
5.1. Global Biophotonics Market, Split By Region, Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F, $ Billion
5.2. Global Biophotonics Market, Split By Country, Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F, $ Billion

Companies Mentioned

  • Thermo Fisher Scientific
  • OPGEN
  • NU Skin Enterprises
  • IPG Photonics Corp.
  • Idex Corp.
  • Toshiba
  • Procter & Gamble
  • Horiba
  • Precision Photonics Corp.
  • Roche Group
  • GE
  • Philips
  • Affymetrix, Inc.
  • Andor Technology Ltd.
  • Becton, Dickinson & Co.
  • Carl Zeiss AG
  • FEI Company
  • Hamamatsu Photonics K.K.
  • Lumenis Ltd.
  • Olympus Corporation
  • PerkinElmer Inc.
  • Zecotek Photonics Inc.
  • Zenalux Biomedical Inc.
  • Glenbrook Technologies Inc.
  • Oxford Instruments PLC

For more information about this report visit https://www.researchandmarkets.com/r/p17rit

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SOURCE Research and Markets

Dominion Energy Crews Prepared for Multi-Day Restoration Effort Across Virginia and North Carolina Following Isaias’ Impact

RICHMOND, Va., Aug. 4, 2020 /PRNewswire/ — Dominion Energy crews have begun restoration efforts following heavy rain, winds with gusts up to 60 mph, and reported tornados from Tropical Storm Isaias in Virginia and northeastern North Carolina. In all, more than 500,000 customers experienced outages as a result of the fast-moving storm. In terms of number of customers impacted, it ranks as the 10th largest storm to date. Crews…

RICHMOND, Va., Aug. 4, 2020 /PRNewswire/ — Dominion Energy crews have begun restoration efforts following heavy rain, winds with gusts up to 60 mph, and reported tornados from Tropical Storm Isaias in Virginia and northeastern North Carolina. In all, more than 500,000 customers experienced outages as a result of the fast-moving storm. In terms of number of customers impacted, it ranks as the 10th largest storm to date. Crews are already assessing damage and are working around-the-clock to restore power as safely and quickly as possible. As of midday Tuesday, power had been restored to more than 40% of those impacted. However, initial damage surveys indicate that it could take multiple days to restore service for affected customers, particularly in North Carolina, Hampton Roads, Northern Neck and the Middle Peninsula.

In preparation for the storm, Dominion Energy employees and contractors were staged and ready to support restoration efforts throughout the Carolinas and Virginia. With Dominion Energy South Carolina service territory experiencing few outages, available crews are being deployed to supplement North Carolina and Virginia restoration efforts, alongside other crews brought in prior to the storm’s impact. Additionally, mutual assistance crews from as far away as Oklahoma are joining the restoration effort.

With the weather clearing, Dominion Energy patrol teams are out in force assessing damages. Mindful that many of our customers are working remotely, as a result of the pandemic, crews will work 24/7 with local public safety and emergency officials to restore power to essential services and facilities critical to public health and safety, such as hospitals, fire and police departments, and public water systems. Crews will then work to return service to the largest number of residential and business customers in the shortest amount of time. Once major repairs are completed, smaller groups of customers and individual homes and businesses will be restored.

We appreciate everyone’s patience during restoration and will focus relentlessly on recovery efforts until service is restored all customers. 

Be safe:

  • Report an outage. The quickest and most efficient way to notify Dominion Energy of a power outage is to report it online using a mobile device. Bookmark our outage reporting website: https://www.dominionenergy.com/outage-center/report-and-check-outages
  • Beware of downed powerlines and assume they are energized and dangerous. Please remain at least 30 feet away and ensure that others also avoid the downed line. Call Dominion Energy right away to report the downed wire. Virginia and North Carolina customers should call 1-866-DOM-HELP (1-866-366-4357).
  • If you have a generator, ensure it is properly connected. Be sure it is fueled, tested and connected in a well-ventilated area outdoors. Improper use of a generator could be life-threatening for customers and crews working to restore power.

About Dominion Energy
More than 7 million customers in 20 states energize their homes and businesses with electricity or natural gas from Dominion Energy (NYSE: D), headquartered in Richmond, Va. The company is committed to sustainable, reliable, affordable and safe energy and is one of the nation’s largest producers and transporters of energy with more than $100 billion of assets providing electric generation, transmission and distribution, as well as natural gas storage, transmission, distribution and import/export services. The company is committed to achieving net zero carbon dioxide and methane emissions from its power generation and gas infrastructure operations by 2050. Please visit DominionEnergy.com to learn more.

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SOURCE Dominion Energy

Investor Alert: Kaplan Fox Investigates Guideware Software Inc. For Potential Securities Fraud

NEW YORK, Aug. 4, 2020 /PRNewswire/ — Kaplan Fox & Kilsheimer LLP (www.kaplanfox.com) is investigating claims on behalf of investors of Guidewire Software Inc. («Guidewire» or the «Company») (NASDAQ: GWRE).  A complaint has been filed on behalf of investors that purchased Guidewire common…

NEW YORK, Aug. 4, 2020 /PRNewswire/ — Kaplan Fox & Kilsheimer LLP (www.kaplanfox.com) is investigating claims on behalf of investors of Guidewire Software Inc. («Guidewire» or the «Company») (NASDAQ: GWRE).  A complaint has been filed on behalf of investors that purchased Guidewire common stock between March 6, 2019 and March 4, 2020, inclusive (the «Class Period»).

On March 4, 2020, after market, Guidewire announced its financial results for the second quarter of fiscal year 2020 and slashed its full-year revenue guidance by $57 million, from a range of $759 million to $771 million to only $702 million to $714 million.  Guidewire also cut its Annual Recurring Revenue guidance from a range of 14% to 16%, down to 11% to 12% for the third quarter of 2020.  According to the complaint, during the earnings conference call, Guidewire indicated that the Company’s cloud products needed to be improved in order to meet customer needs and successfully compete against rival systems, and also revealed that a large swath of Guidewire customers no longer wanted the Company’s traditional on-premise products and had not adopted Guidewire’s cloud products. 

On March 5, 2020, Guidewire’s stock price plummeted $18.92 per share, nearly 17%, to close at $93.56 per share.

If you are a member of the proposed Class, you may move the court no later than September 23, 2020 to serve as a lead plaintiff for the purported class.  You need not seek to become a lead plaintiff in order to share in any possible recovery.  If you would like to discuss the complaint or our investigation, please contact us by emailing pmayer@kaplanfox.com or by calling 646-315-9003.

This press release may be considered Attorney Advertising in some jurisdictions under the applicable law and ethical rules.

Kaplan Fox & Kilsheimer LLP, with offices in New York, San Francisco, Los Angeles, Chicago and New Jersey, has many years of experience in prosecuting investor class actions. For more information about Kaplan Fox & Kilsheimer LLP, you may visit our website at www.kaplanfox.com.  If you have any questions about this Notice, your rights, or your interests, please contact:

Donald R. Hall
KAPLAN FOX & KILSHEIMER LLP
850 Third Avenue, 14th Floor
New York, New York 10022
(646) 315-9003
E-mail: dhall@kaplanfox.com

Laurence D. King
KAPLAN FOX & KILSHEIMER LLP
1999 Harrison Street, Suite 1560
Oakland, California 94612
(415) 772-4704
Fax:  (415) 772-4707
E-mail: lking@kaplanfox.com

 

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SOURCE Kaplan Fox & Kilsheimer LLP

Bid Garage Launches New Digital Vehicle Auction Platform with Collection of Highly Coveted Vehicles and Unique Buyer and Seller Features

LOS ANGELES, Aug. 4, 2020 /PRNewswire/ — BidGarage.com, a community marketplace that brings car enthusiasts, sellers and bidders together, launched its new digital vehicle auction platform today, which features highly sought-after vehicles and tough-to-find inventory.

Designed as a contemporary car buying experience for…

LOS ANGELES, Aug. 4, 2020 /PRNewswire/ — BidGarage.com, a community marketplace that brings car enthusiasts, sellers and bidders together, launched its new digital vehicle auction platform today, which features highly sought-after vehicles and tough-to-find inventory.

Designed as a contemporary car buying experience for serious bidders and true enthusiasts, Bid Garage reimagines the traditional auction experience through an intelligent buying and selling process. Its unique process features intuitive and transparent real-time bidding, fully vetted vehicle profiles, an experienced support team, and a library of relevant content.

«Bid Garage is built by a team of people who love the chase, with the sole intent of enabling everyone to drive the car of their dreams,» said Peter Palarchio, chief marketing officer, Bid Garage. «This is a smarter platform that is driven by an active community of fellow enthusiasts, and built on enhancing the customer experience by combining the best aspects of traditional and online auctions.»

Bid Garage improves upon the traditional online auction process by:

  • Providing risk-free listings – no listing fees or costs to the seller unless their car sells
  • Charging a 5% total commission fee to be split between the buyer and seller. Each side will be charged a minimum of 1% commission, with the final split determined by the seller
  • Offering complimentary professional photography for qualified listings

This new platform has evolved the classic auto auction experience for the digital age. The real-time bidding platform levels the playing field for potential buyers with instant notifications to ensure sellers stay on top of the action. Additionally, users create profiles to maintain ultimate transparency and the time-windowed listing system drives highly competitive offers, so sellers can close the deal and get buyers behind the wheel faster.

Vehicles listed on BidGarage.com will go through a proprietary curation process to ensure they meet the standards of the community, while the personal information of every bidder is protected to ensure confidence in every transaction.

Bid Garage has secured a series of low-mileage, highly sought-after vehicles for its launch, including:

  • Lineup of low-mileage Datsun 240Z, 260Z and 280Z models
  • Fully-restored 1964 Sunbeam Tiger Mark 1
  • 1973 BMW 2002tii in Baikal Blue
  • 1980 Mercedes-Benz 450SL with only 4,500 original miles
  • 1974 Porsche 911 Carrera Coupe with 40,000 original miles
  • 1986 Porsche 930 Turbo with 32,000 original miles
  • 1969 Jaguar E-Type Roadster with 5,000 original miles

«Ultimately, Bid Garage is driven by our love for great cars,» said Palarchio. «We are creating a robust community built on passion, speed and trust, in order to change the entire online auction experience for the better.»

Image download: https://bit.ly/3guq3LI

About Bid Garage
BidGarage.com is a next-generation digital auction platform and online community of enthusiasts. With a proprietary authentication process managed by a team of auction experts, Bid Garage promises the most high-quality bidding, buying, and selling experience available today, and utilizes full encryption for all personal and payment data, ensuring safe, transparent transactions from start to finish. Bid Garage and its team of auction and customer success experts are committed to getting people around the world behind the wheel of their dream car quickly and securely.

PR CONTACT:
Kaleigh Jerzykowski
MBE Group, on behalf of BidGarage.com
kjerzykowski@mbe.group 
248-234-6896

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SOURCE Bid Garage