Cone Rod Dystrophy Market to Witness Widespread Expansion During 2020 to 2023

 Market Scenario

Cone-Rod Dystrophy is a group of related eye disorders that cause gradual loss of vision due to retinal deterioration this may lead to increasing severity or even blindness. Generally, the disorders affects the rod and cones cells present in the retina which are responsible for vision and clarity. According to NCBI, prevalence of cone-rod dystrophies is estimated to be 1 in every 40,000 cases.

According to World Health Organization, in 2014, worldwide 285 million people were estimated to be visually impaired, out of which nearly 246 million have low vision and 39 million are completely blind. Uncorrected errors are the major reasons for causing moderate and severe visual impairment. But still, 80% of the ophthalmic diseases can be cured or prevented by treatment.

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There are many new low vision aids, including telescopic and magnifying lenses, providing plenty of choice for users at all stages of sight loss. This technology has also removed many barriers to education and employment. According to American Academy of Ophthalmology, more than 25% of America’s population suffer from minor or major visual complication. More than 150 million Americans use corrective eyewear and spend more than $15 billion each year on eyewear.

Ophthalmic impairment is caused due to a number of diseases like infectious diseases, genetic factor and many more, but diabetes have a major impact on the growth of the market. Diabetes is one of the important disorder responsible for causing visual impairment as it damages retinal blood vessels. According to WHO, 422 million people are suffering from diabetes and this number is increasing at the rate of 8.5%. According to the American Academy of Ophthalmology, diabetes is responsible for causing visual complication in approximately 4.5 million Americans.

This disorder can be curbed to a great extent by proper use of vitamin supplements therefore the cone rod dystrophy market is majorly effected by the Thiamine supplements. The growth of the vitamin industry is due to the increased per-capita income and increased health awareness among people. As the people are getting more aware about taking care of their health, they are giving more importance to these supplements to prevent various deficiencies. Online retailing of these supplements has further increased accessibility and has increased the customer base and it has also increased the convenience of buying which will indirectly effect the Cone Rod Dystrophy market.

Despite the lack of current treatments for cone-rod dystrophies, general eye check-ups are important. Furthermore, the people suffering from this conditions may experience other kinds of eye problems. Patients with cone rod dystrophy tend to develop cataracts at an earlier age as compared to the unaffected population.

Currently, there is no treatment to stop a person with Cone Rod Dystrophy (CRD) from losing their vision. Possible future treatments for CRD may include gene therapy, stem cell therapy, and retinal implants. The beta-carotenoids, lutein and zeaxanthin, have been evidenced to reduce the risk of developing to Cone dystrophy sufferers.

The Global Cone-Rod Dystrophy Market is expected to grow at a CAGR of approximately 5.3% during the forecast period 2017-2023.

Key Players

Some of key the players in the global cone-rod dystrophy market are GlaxoSmithKline Plc. (U.S.), Johnson & Johnson (U.S.), Sanofi (Switzerland), Pfizer Inc. (U.S.), Novartis AG (Switzerland), Abbott Laboratories (U.S.), Sunovion Pharmaceuticals (U.S.), Cephalon (U.S.),  DSM (India), Amway (U.S.), Vitamin Shoppe (U.S.), Intas Pharmaceutials Limited (India), Sun Pharmaceuticals Ltd. (India) Emcure Pharmaceuticals Limited (India),  Nutrilite (U.S.), NutraScience Labs (U.S.), and others.

Segmentation

The cone rod dystrophy is segmented on the basis of diagnosis, treatment, and end-users.

On the basis of the diagnosis, the market is segmented into electroretinogram (ERG), clinical history, fundus examination, molecular diagnosis, and others.

On the basis of the treatment, the market is segmented into tinted lenses/ dark sunglass, medications, magnifying devices, and surgery. The medication is classified into vitamin A supplement and anticonvulsant.

On the basis of the end-user, the market is segmented into hospitals, ophthalmic centers, research organizations, and academic institutes.

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Geographic Tongue Market Ready for a Record Breaking Growth by 2023

 

Market Highlights

Geographic tongue is characterized by the tongue inflammation and is marked by the absence of papillae, which are small bumps present under normal conditions. General discomfort of the tongue or mouth, soreness or a burning sensation of the tongue are some of the common symptoms for the disease. Increasing prevalence of the psoriasis and growing geriatric population are some of the major drivers for the market growth. Additionally, growing oral healthcare expenditures are estimated to fuel the market growth during the forecast period. However, lack of awareness, limited availability of the treatment procedures and low per capita healthcare expenditure in the middle and low income countries are some of the restraining factor for the market growth.

The Global Geographic Tongue Treatment Market is expected to grow at an approximate CAGR of 10.6% during the forecast period.

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Segmentation

The Global Geographic Tongue Market is segmented on the basis of diagnosis, treatment, and end user.

On the basis of the diagnosis, the market is segmented into physical examinations, biopsy, tests, and others. The tests segment is sub-segmented into vitamin B testing, HLA B antigen testing, and others.

On the basis of the treatment, the market is segmented into topical corticosteroids, zinc supplements, topical anesthetic, and others.

On the basis of the end user, the market is segmented into hospitals & clinics, research organization, diagnostic labs, and others

Regional Analysis

America dominates the global geographic tongue market. Factors such as the presence of a developed healthcare sector, rising patient population for diseases like psoriasis, increasing per capita healthcare expenditure are the major drivers for the market growth within the region. Moreover, the presence of the key players within the region boosts the market growth during the forecast period.

Europe holds the second largest market for geographic tongue owing to the rising research and developments in healthcare sector, increasing government funding and presence of huge patient population.

Asia Pacific region is the fastest growing market. Rising healthcare expenditures, developing pharmaceutical & biotechnological sector and growing geriatric population are the major drivers for the market growth within the region.

On the other hand, the Middle East & Africa hold the least share in the global geographic tongue market.  Absence of the developed healthcare services, especially in the African Region restrains the market growth within the region.

Key Players

Quest Diagnostics (U.S.), Sonic Healthcare (Australia), Merck KGaA (Germany), Jost Chemical Co. (U.S.), Pfizer Inc. (U.S.), AstraZeneca (U.S.), F. Hoffmann-La Roche Ltd (Switzerland), Abbott (U.S.), Danaher (U.S.) and others are some of the key players in the global geographic tongue market.

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Future Growth of Robotics Prosthetics Market is Expected to Grow Healthy CAGR till 2023

 

Market Insights:

Robotic Prosthetics are artificial limbs which combine the prosthetics with robotics to offer fully functional prosthetics which allow patients to carry out normal functions with their artificial limbs. This factor alone has boosted the robotic prosthetics market. Market Research Future's survey of the global robotics prosthetics market has found that the growth of the market is anticipated at a CAGR of 9.5% during the forecast period from 2016 to 2027.

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Robotics prosthetics represent immense promise for advanced medical technology, which is in high demand. Medical advancements are being achieved at a rapid pace, and the ability of robotics prosthetics to promote normal limb function after the loss of a natural limb is in high demand. The increasing prevalence of various chronic diseases which can result in limb loss is a key factor driving the growth of the global market. The expanding geriatric population is another driver of the global robotics prosthetics market — increasing cases of fragility fractures combined with an increase in awareness regarding innovative medical technology. Increasing spending on healthcare as well as investments in R&D in the advancement of existing technology are some other factors contributing to the growth of the market.

Robotic prosthetics are not well covered in insurance reimbursement policies which has been a challenge to the adoption of robotic prosthetics. Moreover, robotics prosthetics are expensive, which makes them inaccessible, thus restraining market growth.    

Market Segmentation:

The Robotics Prosthetics Market  has been segmented in MRFR's report on the basis of product, application, technology, end-user, and region. Products available in the robotics prosthetics market include prosthetic hands, prosthetic legs & knees, prosthetic arms, prosthetics feet/ankles, and others.

Technology employed in robotic prosthetics include Bluetooth, microprocessor knees, myoelectric technology, prosthetic foot materials, and others.

Applications of robotic prosthetics are divided between lower body extremities and upper body extremities.

End users of robot prosthetics include hospitals, clinics, and others.

Regional Analysis:

The Americas which comprise of North America and South America are also subdivided into various country level markets. Among these, the U.S leads growth for the Americas regional robotics prosthetics market. The regions high prevalence of orthopedic diseases has resulted in the high demand for robotic prosthetics. High healthcare investments and the presence of a developed healthcare sector which has an affinity toward the adoption of advanced technology are some other factors driving market growth. Notably, Mexican Americas have a high risk for osteoporosis and as such are vulnerable to bone issues that may result in a need for robotic prosthetics.

Europe is a significant market which has a strong affinity toward R&D as evidenced by government support, via encouraging regulations. The high availability for funds toward investments in R&D is driving the growth of the robotics prosthetics market.

The Asia Pacific is a highly promising market due to its sheer size. The region has an immense patient population with growing awareness regarding advanced medical technology. The presence of a rapidly expanding geriatric population is a key driver of the market. The region's healthcare sector is undergoing heavy reforms as well as witnessing increasing investments. Increasing demand among patients for high-quality treatment options is driving international market players to focus on the region. The region also significant in the medical tourism market and as such is likely to attract more patients as the quality of healthcare improves.   

Key Players:

SynTouch, LLC, Transenterix, Inc., Intuitive Surgical, Inc., Touch Bionics Inc., Mazor Robotics Ltd., Stryker Corporation, HDT Global Inc, Medrobotics Corporation, Hansen Medical, Inc., KUKA Roboter GmbH, ZOLL Medical Corporation, Smith & Nephew, ReWalk Robotics, Aethon, and Shadow Robot Company

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Global Heart Transplant Market Racing to a Heightened Growth by 2023

 Heart Transplant or Heart Implant or Cardiac Transplant surgery market is growing rapidly, enhancing the quality of life of people by delivering miraculous results.  Over the past few decades, many innovations have transpired in the field of heart transplant allowing patients an extended lifespan of 13 years approximately with the new heart.

The advancement of effective drugs ascended the success rate of heart transplants to further heights allowing the heart transplant market to witness upsurge. Another predominant factor that contributes to the market growth is the growing prevalence of heart failure and severe coronary artery diseases across the globe.

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Acknowledging the numerous innovations transpired in the heart transplant market and the surging traction the market is garnering currently Market Research Future (MRFR) in its recently published study report asserts that the global the heart transplant market is projected to perceive booming accruals by 2023, registering a striking CAGR during the estimated period (2017 – 2023).

The advancements in surgical techniques, immunosuppressive modalities, and postoperative care along with the growing prevalence of heart failures and heart-related diseases are boosting the revenues in the market. In recent years, lower availability of donors has prompted significant investments in R&D activities to invent advent technologies and new surgical techniques. These investments, in turn, are defining the immense growth landscape of the heart transplant market.

The heart transplant market will gradually subside within a decade with the emergence of artificial pumps and stem cell therapy that will replace the heart transplant. Until then the market will witness its heydays. Simultaneously, insufficient availability of suitable donor’s pool and the complications of a heart transplant such as chances of rejection which basically is immune system’s attacks on transplanted heart, are some of the challenges the market is facing currently. Nevertheless, the emergence of new powerful Immunosuppressive Medications that can control the rejection issues ruling out further chances of acute rejection of the organ will, in turn, support the growth of the heart transplant market. Moreover, the emergence of the Endomyocardial Biopsy coupled with the new high-tech analysis is expected to boost the growth of the Heart Transplant market.

Heart Transplant Market      - Segments

The MRFR analysis is segmented into three key dynamics for enhanced understanding.

By Surgery Types                 : Comprises - Ventricular Assist Devices, and Total Artificial Hearts among others.

By End Users             : Hospitals, Cardiac institutes, Research Centers, and laboratories among others.

By Regions                            :  North America, Europe, APAC, and the Rest-of-the-World.

Heart Transplant Market   - Regional Analysis

Globally, North America region accounts for the largest heart transplant market which is estimated to be the major revenue pocket during the review period. The U.S. with its largest number of heart transplants performed (approx. 1700 annually) accounts for one of the major revenue generators in the global market.

Additional factors contributing towards the growth of the market in the region are, increased incidence of heart diseases, technological advancements transpired in the medical sector, increased research & development activities, etc. Besides, rising procurement of transplant diagnostic instruments among medical facilities supports the market growth in the region.

The Europe heart transplant market accounts for the second-largest market, globally owing to the initiatives undertaken by the government and availability of funds. The market is expected to increase steadily throughout the forecast period. Also, huge investments transpired in the healthcare domain are fostering the growth of the market in the region.

The Asia Pacific region is too emerging as one of the promising markets for the heart transplants, growing rapidly. The market is predominantly growing due to the burgeoning medical tourism market in the region. Equipped with the state-of-the-art healthcare infrastructure and flocked with skilled cardiac surgeons, the APAC heart transplant market has improved its reliability for good results.

Heart Transplant Market   - Competitive Analysis

The well-established players operating in the highly competitive global market for heart transplant incorporate strategies such as collaboration, acquisition, partnership, technology launch, and expansion, in order to gain the competitive edge in this market.

They also invest substantial funds in R&D and clinical trials to develop effective heart transplant program which is comprehensive, advanced and state-of-the-art. Some hospitals strive to provide tailor-made transplant surgeries based on the ailments, age, and other complications. With advanced diagnostics, and comprehensive rehabilitation schedule these hospitals ensure that patients have access to the best care at every stage of the transplant journey.

Key Players:

The fervent players leading the global heart transplant market include SynCardia Systems, LLC, Apaxis Medical, Inc., HeartWare, Calon Cardio, Thoratec Corporation, and Optum Inc.

Industry/ Innovation/ Related News:

March 9, 2018 - CareDx, Inc. (US), a molecular diagnostics company focused on the discovery, development, and commercialization of clinically differentiated, high-value diagnostic solutions for transplant patients launched Heartcare, a comprehensive diagnostic solution for surveillance of heart transplant patients, combining AlloMap with AlloSure-Heart.

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Bio-Process Technology Market is expected to rise at a remarkable CAGR By 2023

 Overview:

The global bio-process technology market to experience significant growth during the forecast period (2017-2022), reports Market Research Future (MRFR) in an elaborate study. The technology allows the derivation of living cells or their components to utilize it in a vast array of treatments to attain the planned result. Healthcare sector has been experiencing some significant revamping owing to such advanced technology, and the market is touted to experience the benefits during the forecast period.

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Drivers and Restraints:

The spurring market has drivers in diverse sectors such as healthcare, food processing, biomedical devices, pollution, and global warming. In commercial biotechnology, it is used in the production of enzymes and antibiotics which is gaining traction continually. Vaccinations for several chronic diseases have also generated considerable demand for the technology.

Food processing is also a sector that is developing rapidly owing to changes made in lifestyle triggered by rapid urbanization and industrialization. Various nutritional supplements are the result of the introduction of such technology and are assisting the commoners in leading a healthier life.

The technology is also a possible answer for sustainable resource management. Wastewater management is an area where its impact is convincing, and it can work wonder in contaminated sites as well. Petroleum sector can also benefit much as the growing demand for biofuels can give the market essential momentum.

However, the regulatory process often delays the productional procedure which can be considered to be a market deterrent. But its multifarious application can help it maintain steady traction in the market.

Industry News:

In late 2017, Novartis’ Kymriah and Gilead/ Kite Pharma’s Yescarta, two cell-therapy biotherapeutic medicine got approved which came as excellent news to cell therapy which got significant boost from monoclonal antibody industry.  

Segmentation:

The global bio-process technology market can be segmented by type, application, and end-users.

Type-based segmentation includes cell culture, cell expansion, flow cytometry, cell line development and virus infiltration. Cell culture is a segment that is enjoying popularity across the world owing to its diverse application in various sectors. The segment is spearheading the market due to its necessity in treating multiple chronic diseases.

Application-wise, the market comprises biopharmaceuticals, specialty products, industrial chemicals and environment management aid. Biopharmaceuticals are prospering much as various medicines used in curing several diseases ranging from the most common ones to chronic diseases are products of such technological advancements. Furthermore, petrochemicals are going to boost the demand for industrial chemicals in the coming years.

Based on end-users, the market consists hospitals, research labs and centers, medical institutions and others. With increasing government and private funding, research labs and centers are extensively investing themselves in developing new products that can take various associated industries miles ahead.

Regional Analysis:

Region-wise, the market comprises namely North America, Europe, Asia Pacific (APAC), and the Middle East & Africa (MEA).

North America is currently leading the market in terms of generating revenue. Academic researches and extensive sales of biopharmaceutical products are contributing much to the progress of the region. Well-developed manufacturing facilities and research laboratories in countries such as the U.S. and Canada are proving beneficial for the market.

The APAC is expected to become the fastest growing region during the forecast period. Rising population and the integration of advanced technologies in the healthcare sector are impacting the market significantly. The biotechnology industry is also expanding at a considerable rate.

Market Dashboard:

The market is growing competitive, and the companies are extending their portfolio by going into mergers and acquisitions. For instance, Charles River Laboratories has recently acquired MPI Research, a remarkable organization of this field. Thermo Fisher Scientific, Inc. recently signed an agreement with Roper Technologies to acquire Gatan.

Key players of the market profiled in this report are Merck Millipore (Germany), Thermo Fisher Scientific, Inc. (U.S.), Becton, Dickinson and Company (U.S.), Danaher Corporation (U.S.), Lonza Group AG (Switzerland), Sartorius Stedim Biotech S.A (France), Corning, Inc.(U.S.), Bio-Rad Laboratories (U.S.), and Charles River Laboratories (U.S.).

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Monoclonal Antibody Therapy Market is expected to rise at a remarkable CAGR By 2023

 Market Highlights

The global monoclonal antibody therapy market has been evaluated as rapidly growing market and it is expected that the market will continue to grow similarly in the near future. Antibodies are an important part of the immune system.  Generally, our body creates antibodies in response to an antigen entering the body.  These antibodies attach to the antigen in order to mark it as harmful which is then destroyed by the body's immune system. Monoclonal Antibodies are the antibodies produced in the laboratory which can mimic the function of a normal antibody to attack the antigen. However, monoclonal antibodies are engineered in such a way that they identify and attach to the mono-specific targeted antigen on the surface of the cancer cell or any other foreign cell. It is often referred to as a targeted immunotherapy. Monoclonal antibodies identify and destroy the tumor cells without causing any harm to the normal healthy cells of the body. The major application of the monoclonal antibody therapy is the treatment of the cancer. Having said that, Monoclonal antibody therapy can only be done for the cancers in which the antigens have been identified so far. Some of the common monoclonal antibodies are Alemtuzumab, Rituximab, Trastuzumab, Gemtuzumab ozogamicin, Ibritumomab Tioxetan.

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According to WHO, the world will witness more than 70% rise in the number of cancer patients in the next few years, out of which maximum number of patients will be from the Asia, Africa and South America region. There has been extensive research going on to develop the new monoclonal antibodies and drugs in order to treat the wide range of disorders with minimum side effects. The sudden rise in the number of cancer cases is likely to propel the growth of the monoclonal antibody therapy market in the near future. Moreover the commercialization of the newly developed monoclonal antibodies and drugs will give a boost to the monoclonal antibody therapy market. On the other hand, lack of awareness about the technology in the developing nations and the limited healthcare expenditure and low affordability of such expensive treatments in the low income economies is expected to hamper the growth of the monoclonal antibody market.

Global Monoclonal Antibody Therapy Market Players:

There are plenty of large and small market players which operate in this market all over the globe. The major participants of this market are AbbVie Inc., Amgen Inc., Bayer AG,        Biogen Inc., Bristol–Myers Squibb Company, F. Hoffmann-La Roche Ltd., GenScript, GlaxoSmithKline Plc., Johnson & Johnson, Merck KGaA, Novartis AG, Pfizer Inc., Sanofi, Sigma-Aldrich Co. LLC, and others.

Regional Analysis:

Depending on geographic region, monoclonal antibody therapy market is segmented into four key regions:  America, Europe, Asia-Pacific, and Middle East & Africa. Globally, America is the largest market for monoclonal antibody therapy. North American region is the leading market in the America region. Europe is the second-largest market globally for monoclonal antibody therapy which is expected to continue its growth in the near future. Asia pacific region is expected to be fastest growing region in monoclonal antibody therapy market.

Segmentation:

Monoclonal antibody therapy market has been segmented on the basis of source which comprises of recombinant, chimeric, humanized, human, and other.  On the basis of application, market is segmented into diagnostic test, analytical and chemical uses, cancer treatment, autoimmune diseases, hematological disorders, and others. On the basis of end user, market is segmented into hospitals, clinic, research laboratories and others.

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CBCT Dental Imaging Market: Information, Analytical Insights and growth of 2020 – 2023

 

U.S., India & Europe CBCT Dental Imaging Market Information, by Type of Detector (Flat Panel Detectors, Image Intensifier), by Application (Dental Implants, Endodontics, Orthodontics and others) by End Users (Hospitals & Dental clinics, Academic & Research Institutes and others) - Forecast to 2023

Market Scenario:

Dental cone beam computed tomography (CT) is a special type of x-ray equipment used when regular dental or facial x-rays are not sufficient. The technology is used to produce three dimensional (3-D) images of the teeth, soft tissues, nerve pathways and bone in a single scan. The CBCT dental imaging industry is growing rapidly. The increasing use of 3D radiographic imaging in orthodontics and increasing adoption of CBCT imaging by dental professionals has boosted the revenue of this market. 

 

The U.S., India & Europe market is expected to reach USD 565.3 million by the end of the forecast period due to rising CBCT Dental Imaging Market Trends and is expected to grow at a CAGR of 9.8%.

 

Key Finding

• The U.S., India & Europe CBCT dental imaging market and is expected to reach USD 565.3 million by 2023.
• Regionally, U.S. holds the largest CBCT dental imaging market share of U.S., India & Europe CBCT dental imaging market and is expected to reach USD 280.9 million by 2023.
• India market is expected to be the fastest growing market, and expected to grow at a CAGR of 10.3% from 2016 to 2023

Key Players for U.S., India & Europe CBCT dental imaging market:

Some of the key players in this market are: Carestream Health (US), Dentsply Sirona (US), FONA Dental, S.R.O., Gendex, Imaging Sciences International, LLC (US), J.MORITA MFG.CORP. (Japan), KaVo Dental GmbH (Germany), NewTom, Planmeca OY, Prexion (US), Sinclair Dental/Dentaire (Canada), SOREDEX (Finland), Vatech Networks (Republic of Korea) and others.

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Segments:

U.S., India & Europe CBCT dental imaging market has been segmented on the basis of type of detector which comprises of flat panel detectors, image intensifier. On the basis of application the market is segmented into dental implants, endodontics, orthodontics and others. On the basis of end users the market is segmented into hospitals & dental clinics, academic & research institutes and others.

Regional Analysis of U.S., India & Europe CBCT dental imaging market:

U.S. is the largest market for CBCT Dental Imaging market. The U.S. market for CBCT dental imaging is expected to grow at a CAGR of 9.5% and is expected to reach at USD 280.9 Million by the end of the forecast period.

Europe is the second-largest market for CBCT dental imaging which is expected to grow at a CAGR of 10.0%. India region is expected to be fastest growing region in CBCT dental imaging market.
The report for U.S., India & Europe CBCT Dental Imaging Market of Market Research Future comprises of extensive primary research along with the detailed analysis of qualitative as well as quantitative aspects by various industry experts, key opinion leaders to gain the deeper insight of the market and industry performance. The report gives the clear picture of current market scenario which includes historical and projected market size in terms of value and volume, technological advancement, macro economical and governing factors in the market. The report provides details information and strategies of the top key players in the industry. The report also gives a broad study of the different markets segments and regionsTop of Form

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