Medical Holography Market Segmentation Detailed Study With Forecast Up To 2025

 A holography is a method of producing a three-dimensional image of an object using an interference pattern. The existing 3D technologies such as 3D-CT, 3D rotational angiography, 3D-ultrasound revolutionized medicine because they allowed doctors to see an individual patient's anatomy without cutting into the body. The exceptional penetration rate of holography products is attributable to the natural benefits of this technology over conservative alternatives, which influence companies to work further toward developing these products for subsequent commercialization.

The global medical holography market is majorly driven by factors such as rapid adoption of holography technology by medical fraternity for applications such as medical education, dentistry, orthopedics, increasing applications of holography in diagnostic imaging to visualize complex 3D structures in human body and biomedical research recent technological advancements in holography products are expected to significantly contribute to the growth of the market throughout the forecast period. 

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Technological advances in hologram recording techniques in the recent years and the availability of tools for interpretation of holographic interferograms should boost its usage in the field of urology, pathology, ophthalmology, and orthopedics. Moreover, endoscopic holography should emerge as a powerful tool for non-contact high resolution and non-invasive measurements inside the human organs.

The market for Medical holography will grow very rapidly at a rate of 32% CAGR during the forecasted period 2017-2023. The market is expected to reach USD 3.5 billion during the forecasted period.

Industry updates:

Nov, 2016 Holoxica Limited introduced a holographic 3D digital human anatomy atlas prototype for neuroscience. This product impacted medical science giving neurosurgeons and clinicians insights into identifying, diagnosing and treating a wide range of neurological conditions.

Dec, 2015 Japan scientists developed touchable holograms, which are to be adopted in wide range of applications in the future, to enable improved demonstration of biological processes and procedures.

Nov, 2015 Zebra Imaging acquired Rattan, a software-consulting firm. This acquisition was carried out to accelerate the integration of advanced 3D light-field technology in their array of holographic display products.

Dec, 2014 Bristol University developed a touchable holographic display through the generation of air disturbances using ultrasound to create 3D haptic shapes.

Oct, 2014 Zebra Imaging entered into a partnership with Zygote Media Group to develop advanced 3D biomedical models to visualize human anatomy.

Oct, 2013 RealView Imaging Ltd. and Royal Philips completed an assessment of live 3D holographic imaging, which facilitates 3D interaction and facilitates minimally-invasive structural heart disease procedures.

Sept, 2012 Zebra Imaging, Inc.’s digital print technologies have proven useful in medical, military, retail, and other commercial disciplines. This acquisition will add new products to HoloTech AG’s product portfolio, which will also help the company to expand its presence in holographic digital print operations.

Global Medical holography Market – Regional:

Geographically, the regional market is segmented into America, Europe, Asia Pacific, and the Middle East & Africa.

America accounts the larger market for the hologram machines. As the early adoption of new technologies and more R&D is being carried out in this region. North America is the largest market for the hologram machines which is led by the United States. The adoption of new technology is more in this region as the research and development is also more and developing day by day.

Europe is the second largest market as it also has the advanced technologies and its own R&D. The region is also having its own set of regulations for the medical regulations. The expenditures are also more by the government bodies for the healthcare and adoption for the new and sophisticated technologies.

The Asia-Pacific region is witnessing fast growth in this region because of the rising factors such as healthcare spending, improving healthcare infrastructure in developing economies such as China, India, and South Korea, and growing awareness regarding the usage of holography products in medical applications.

The Middle East and Africa region is growing slowly due to factors like large number of unskilled labours, illiteracy is more, and economic development is slow.

Real View Imaging (Israel), Echo Pixel (CA), Integraf (USA), Royal Philips (Netherland), Zebra imaging, Eon Reality (US), Nano live SA (Switzerland), Holoxcia (Engalnd), Lyncee Tec (Switzerland), Mach 7 Technologies, General Electric Company, DPL Industri A/S Denmark, Olomagic, Arnold Herzig GmbH and others are some of the prominent players at the forefront of competition in the global medical holography treatment market and are profiled in MRFR Analysis.  

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Cervical Dystonia Market To Observe Significant Growth By 2023

 Cervical dystonia is a rare disease also known as spasmodic torticollis. It is one of the painful chronic neurological movement disorder causing the neck to turn involuntary to any of the direction. It is a rare disease. The major driving factors for the market for cervical dystonia is increasing aging population across the globe. Females are more likely to be get affected by cervical dystonia. Beside this increasing number of treatment for cervical Dystonia and improvement in infrastructure has provided fuel for the growth of the market. On other hand success rate of the treatment and increasing cost of the treatment is the major cause for restraining the growth of cervical Dystonia market.

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Global cervical dystonia market is expected to grow at a CAGR of 5% during forecasted period 2017-2023.

Segmentation

Global cervical dystonia market has been segmented on the basis of type which includes torticollis, retrocollis, laterocollis and others.  On the basis of treatment they are segmented into oral therapy, intravenous, surgery and other. On the basis of end user they are segmented into hospital, clinics and other.

Regional Analysis

On regional basis, global cervical dystonia market is dominated by North America which is followed by Europe. Increasing prevalence of cervical dystonia and increasing aging population is the major factor for growth of this market in this region. Asia Pacific is the fastest growing region for the cervical dystonia market. While due to less development in pharmaceutical and medical sector Middle East and Africa contribute least in cervical dystonia market.

Key players for global cervical dystonia market

ALLERGAN (Ireland), Solstice Neurosciences LLC, Ipsen Biopharmaceuticals Inc. (France), Merz Inc (US), Addex Therapeutics (Switzerland) Revance Therapeutics Inc. (US) and many other.

The report for global cervical dystonia 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 regions.

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Surgical Instrument Tracking System Market Expected To Boost During 2020 To 2025

 Global Surgical Instrument Tracking System Market was valued at USD 186.85 Million in 2019 and is expected to register a CAGR of 15.07% during the forecast period of 2020 to 2027.

Surgical instrument tracking systems are systems that can combine scanning technology and application software. They help healthcare professionals to access time-saving tools, leading to them performing efficient and time-saving procedures. The surgical tracking systems are very much useful in organizing surgical sets, usage cycle tracking, and documentation of instruments used, understanding the replacement of instruments, and other applications.

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Factors that drive the market growth are the high rate of adoption of the surgical instrument tracking systems by hospitals, the need to meet unique device identification mandates, the convenience provided by surgical instrument tracking system in the management of inventories, and the increasing number of surgical instruments used in various surgeries. However, the high cost of implementing automated tracking systems coupled with a fall in the number of surgeries due to a pandemic is hampering the growth of the market.

Previously, it was only used for instrument count sheet management along with a few basic tasks such as traceability of instruments. The 2D barcodes have helped sterile handling and identification of instruments and help in tracking the history of each instrument’s use. Major healthcare providers are signing long-term agreements with surgical instrument tracking system suppliers for improving the quality of the inventory management systems. For instance, recently, Universal Health Services, Inc., one of the hospital management companies, which have a large network of hospitals in the US, signed a multi-year contract with Censis Technologies, Inc. for its surgical instrument tracking system Censitrac.

Market Dynamics

The surgical instrument tracking systems are used in the healthcare facilities to streamline the workflow, regulate the costs, and reduce waste as well as for effective inventory management. There are several benefits of surgical instrument tracking systems. Key players operating in the surgical instrument tracking system market are engaged in the acquisition of companies with similar products to expand their product portfolio and maintain a global footprint. For instance, in October 2019, Fortive Corporation (US) acquired Censis Technologies, Inc. (US). This acquisition helped Fortive Corporation to add a surgical instrument tracking systems product portfolio.

The growth of the global surgical instrument tracking system market can be attributed to the high rate of adoption of the surgical instrument tracking systems by hospitals, technological advancements in the surgical instrument tracking system market, and the growing number of surgical procedures globally. Technological advancements in the surgical instrument tracking system segment are reducing the time required for the process and increasing the accessibility and efficiency of inventory management in the medical facilities. It is also providing real-time data collection and monitoring of surgical instruments used in the healthcare facility. The market players have been engaged in the development of innovative products and services for catering to the needs of the healthcare providers. For instance, in October 2018, Spa Track launched a new Auto-Scanner RFID Surgical Instrument. It is a hetero-directional, rotating processing system that takes only 12 seconds for screening a complete instrument plate and can be inaccurate monitoring of every single registration number of items. Such technological advancements are expected to encourage the growth of the global surgical instrument tracking system market during the forecast period

Segmentation

Global Surgical Instrument Tracking System Market has been divided based on Components, Technology, and End-Use.

The market, based on components, has been segmented into hardware, software, and services. The hardware segment accounted for a significant market share of 51.6% in 2019. This large share can be attributed to its growing technological advancements, which is driving the adoption of these devices for inventory management. The hardware segment is further divided into readers, tags, and others.

The market, based on technology, has been bifurcated into barcode tracking and radio frequency identification. The Barcode tracking segment dominated the global surgical instrument tracking system market in 2019. Owing to the low cost of installation has resulted in the increased adoption of barcode technology in the surgical instrument tracking systems market. It held a market share of 86.9% in 2019.

On the basis of end use, the global surgical instrument tracking system market has been classified as hospitals and others. The hospitals segment dominated the global surgical instrument tracking system market in 2019. The large share of 83.0% of hospitals is attributable to the need to cut healthcare expenditure and manage existing instruments for tracking solutions.

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Top Trends In Ventilator-Associated Pneumonia Market By 2025

 The global ventilator-associated pneumonia market is expected to exhibit significant growth over the forecast period. The market was valued at approximately USD 968.92 million in 2018 and is projected to register a 9.45% CAGR over the forecast period.

Ventilator-associated pneumonia is a type of lung infection that affects patients who are on ventilators. It is caused because of lung diseases, neurological diseases, and trauma.
Factors such as the growing prevalence of ventilator-associated pneumonia and increasing incidences of traumatic brain injury are expected to drive the market growth. According to a report published by the National Center for Biotechnology Information (NCBI) in November 2017, the incidence rate for ventilator-associated pneumonia ranges from 5% to 67%, depending upon the case. Moreover, the increasing research and development expenditure for the development of effective treatment for the disease is further boosting the market growth.

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However, factors such as expensive diagnostic tests, high ventilator charges, and inappropriate reimbursement scenarios are expected to hamper the market growth. 
 
Segmentation
The global ventilator-associated pneumonia market has been segmented into diagnosis, end users, and region.
Based on diagnosis, the global ventilator-associated pneumonia market has been segmented into clinical, radiological, microbiological, and others. The microbiological diagnosis segment is further classified into blood & pleural fluid cultures, nonquantitative or semi-quantitative airway sampling, and quantitative cultures of airway specimens.
The global ventilator-associated pneumonia market, by end user, has been categorized into hospitals & clinics, research & academic institutes, ambulatory care centers, and others.
The market has been segmented, by region, into the Americas, Europe, Asia-Pacific, and the Middle East & Africa. The ventilator-associated pneumonia market in the Americas has further been segmented into North America and Latin America, with the North American market divided into the US and Canada.
The European ventilator-associated pneumonia market has been segmented into Western Europe and Eastern Europe. The market in Western Europe has further been classified into France, Germany, Spain, the UK, Italy, and the rest of Western Europe. 
The ventilator-associated pneumonia market in Asia-Pacific has been segmented into Japan, China, India, South Korea, Australia, and the rest of Asia-Pacific.
The ventilator-associated pneumonia market in Middle East & Africa is segmented into the Middle East and Africa.  
 
Key Players
Adenium Biotech ApS (Denmark), Merck & Co., Inc. (US), AstraZeneca (UK), MedImmune (US), Nabriva Therapeutics AG (Ireland), Thermo Fisher Scientific (US), Bayer AG (Germany), Wockhardt (India), Shionogi Inc. (Japan), Cardeas Pharma (US) are some of the key players operating in the global ventilator-associated pneumonia market.

Regional Market Summary

Geographically, the market has been segmented into the Americas, Europe, Asia-Pacific, and the Middle East & Africa. The Americas is anticipated to dominate the global ventilator-associated pneumonia market owing to the prevalence of ventilator-associated pneumonia and growing initiatives by the government and non-government organizations to control the growth of the disease.
Europe is expected to hold the second-largest share of the ventilator-associated pneumonia market. The presence of a large patient population suffering from lung diseases and well-developed healthcare industry drives the market growth in this region.
Asia-Pacific is expected to be the fastest-growing regional market owing to the growing initiatives taken by the government and non-government organizations to create awareness regarding the prevalence rate of various infectious diseases and increasing incidences of ventilator-associated pneumonia. According to a report published by the Indian Chest Society in August 2016, the incidence rate of ventilator-associated pneumonia is approximately 13.6 per 1000 mechanical ventilation days in India.
The ventilator-associated pneumonia market in the Middle East & Africa holds the least share of the market. The Middle Eastern market is expected to hold a significant market share of this region owing to growing government initiatives for developing the healthcare industry in this region. The African market is expected to grow due to high prevalence of infectious diseases.


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Surgical Chips Market Segmentation Detailed Study With Forecast Up To 2023

 The global market for surgical chips is anticipated to surge at a remarkable CAGR throughout the forecast period (2017-2027), asserts Market Research Future (MRFR). A surgical chip is a recognizing coordinated circuit gadget encased in silicate glass and embedded in the body of an individual.

Drivers and Restraints

The global surgical chips market is growing at a luxurious pace; primarily owing to the increasing penetration of technology in healthcare sector, and growing awareness about the use of surgical chips for patient tracking, medical records management, and healthcare quality control. MRFR experts report that the global surgical chips market is at a flourishing stage and is predicted to gain further prominence over the forecast period.

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The market is also inundated with market players constantly indulging in research and development activities to gain a competitive edge over other companies. For instance, in August 2018, researchers at Brigham and Women’s Hospital (BWH) developed 3D bioprinted tubular structures that imitate the human body’s vessels. The 3D bioprinting technique allows for better replications of the tissues’ properties and could potentially offer a viable solution for damaged tissue.

Market Segmentation

The global surgical chips market has been segmented based on type, end-user, and application.

The types in the global market are DNA Chips, brain chips, lab chips, protein chips, tissue chip and others. The DNA chips market is gaining significant traction from several factors, such as large-scale initiatives in the related field, increasing demand for personalized medicine, miniaturization of DNA chips, escalating need for early detection of cancer and consequent diagnosis and therapeutics.

By end user, the market is segmented into hospitals, clinics, research facilities and others. With constant research and development activities undertaken by companies, number of research facilities have cropped up to meet with these demands. Thus, continuous innovations and discoveries are possible only with high availability of research facilities.

By application, the market is segmented into cancer diagnosis and treatment, gene expression, SNP genotyping, genomics, clinical diagnostics, and others. Rising cases of cancer patients, changing lifestyle and unhealthy eating habits have led to subsequent surge in the cancer diagnosis and treatment market.

Regional Analysis

The market is regionally split into the regions of the Americas, Europe, Asia Pacific, and Middle East & Africa.

North America is the largest market for surgical chips globally on account of increasing healthcare R&D expenditure and highly enhanced healthcare technology. The need to curtail costs, growth and increased use of shifting commodity prices also work in favor of the regional market.

MRFR reports that Europe is the second-largest market for surgical chips due to high strength of private label brands coupled with increased competition amongst market players. Constant technological innovations and continuous R&D activities enhance the market development as well.

On the other hand, Asia Pacific is presumed to be a growing market for surgical chips market, demonstrating a spectacular growth on account of government funding and support along with improving economy and constant efforts put by market players to achieve success in the market. For instance, in August 2018, IIT Kharagpur set up India's pioneering Bioelectronics Innovation Laboratory to develop futuristic battery-free implantable medical devices in the form of chips. These chips will be used for treatment of brain, nerve, muscle or spinal cord disorders that are untreatable by using standard medical practices.

The Middle East and Africa market is developing slowly but steadily as the region is attracting new players to venture into the regional market, which is expected to intensify the competition in the market in the near future.

Key Players

Bio-Rad Laboratories Inc. (US), Cepheid (US), Abbott Laboratories (US) Agilent Technologies, Inc. (US) Perkinelmer Inc. (US), Fluidigm Corporation (US), Illumina Inc. (US), GE Healthcare (UK), Thermo Fisher Scientific, Inc. (US), Roche Diagnostics (Switzerland) are some of the companies at the forefront of the market.

Industry News

An Israeli researcher by the name of Dr. Ben Meir Maoz of Tel Aviv University’s biomedical engineering department has developed a brain chip which will allow research on the human brain at levels of detail and precision that were not previously possible. Its specialty is its ability to take a complex system such as the brain, then break it down into subunits, and still preserve the links between these subunits.

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Throat Lozenges Market Expected To Grow At High Cagr During Forecast Period 2020 – 2023

 According to MRFR,   the global throat lozenges market is expected to witness a moderate CAGR of 4.20% and generate a market value of USD 6.58 Billion by the end of 2023.

COVID-19 Analysis

A positive effect of the COVID-19 pandemic is expected on the Global Throat Lozenges Market. The typical signs of COVID-19 are a sore throat and coughing. Therefore, people under home confinement have been using at-home remedies for COVID-19 such as throat lozenges for chronic cough and over-the-counter pain relief for body aches. Therefore, in the next 2 to 3 years, the growing demand for throat lozenges for the treatment of initial COVID-19 symptoms of coughing and throat pain is expected to fuel the growth of the market for throat lozenges. The growing demand for throat lozenges has also led to the production of throat lozenges by companies from different industries. 

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Throat infections are common, and lozenges are usually the first line of defence for such conditions. Throat lozenges brands continue to leverage marketing tools to increase the commercial visibility of their product.  Other factors that are linked with the growth of global throat lozenges market include the development of new ingredients, rapid product penetration in fast-developing countries and low-price of throat lozenges. However, the availability of alternative treatments and therapies somewhat inhibit the market opportunities for throat lozenges.

Global Throat Lozenges Market: Segmental Analysis

MRFR’s report include a descriptive segmental analysis of the market based on type, ingredient, and indication. By type, the market has been segmented into hard-candy lozenges, soft lozenges, and compressed lozenges.  The hard-candy segment is further sub-segmented into chewy or caramel based medicated tablets and centre filled hard-candy lozenges. The hard candy lozenges segment currently accounts for more than one-third share of the market and is expected to remain highly lucrative during the forecast period. In 2017, over USD 2400 Mn worth hard-candy lozenges were sold globally. By ingredient, the market has been segmented into menthol, eucalyptus oil, mint, peppermint oil, honey & ginger, lemon, and others. Among these, the menthol segment accounts for the largest market share. In 2017, the segment reached a market valuation in excess of USD 1700 Mn and projected to expand at a CAGR of 3.45% by 2023. By indication, the market has been segmented into cold and cough, sore throat, throat diseases, and others. The sore throat segment holds the pole position and the trend is likely to continue over 2023. The segment surpassed a market valuation of USD 2400 Mn in 2017.

Global Throat Lozenges Market: Regional Analysis  

The report also includes a regional analysis of the market that covers Europe, North America, Asia Pacific (APAC), South America and the Middle East & Africa (MEA). Currently, North America and South America collectively account for the largest market share. In 2017, the Americas accounted for more that 31% share of the market.  North America in particular is expected to remain an important market for throat lozenges during the review period. Sales of OTC medial products including throat lozenges will continue to grow in the region in the years to come. Meanwhile, Europe has emerged as the single largest market for throat lozenges. Prevalence of common cold is considerably high in various parts of Europe, which acts as favorable element for the region’s throat lozenges market.

Global Throat Lozenges Market: Competitive Landscape

Bausch Health Companies Inc, Procter & Gamble, Prestige Brands Inc, Wrigley Company, Reckitt Benkiser Group plc, Gepach International, Bliss GVS Pharma Ltd, Thornton & Ross, Ricola AG, Ernest Jackson, Mondelēz International group, GlaxoSmithKline, Pfizer Inc., Doestsch Grether AG are some of the leading companies profiled in MRFR’s report.

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Digital Genome Market Expected To Boost During 2020 To 2023

 The global digital genome market is expected to witness tremendous growth during the forecast period. Digital genome can be used in the diagnosis of rare diseases, genetic diseases, cancer, neurological disorders and others. The rising prevalence of chronic diseases such as breast cancer is driving the market growth. Other essential factors influencing the growth of the market are increasing geriatric population, need for efficient diagnosis and treatment, increasing number of drug discoveries, growing biotech sector, increasing research in the field of genomics and rise in funding related to digitalization. Variants of Presenilin gene lead to Alzheimer’s disease. According to Alzheimer's Association in 2018, 5.7 million people are from Alzheimer’s disease in the Americas. With the help of digital genome identifying genomic variants is easy.

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However, factors such as high costs of digital genome techniques, lack of knowledge about the digital genome, security issues and inaccurate results are some of the factors expected to hinder the market growth during the forecast period.

Global Digital Genome Market, by Key Players

• Umbel
• BiogeniQ
• GenomeMe
• NanoString
• Illumina, Inc

Segmentation

The global digital genome market is segmented on the basis of product, application, and end-user.  The global digital genome market, by product, is segmented into sequencing services, sequencing instruments, sequencing consumables, bioinformatics and sample preparation kits and reagents. The application segment is segmented into diagnostics, agriculture & animal research, personalized medicine, drug discovery and treatment analysis.  On the basis of end-user, the market is categorized into research centers and government institutes, academic institutions, pharmaceutical & biotechnology industries, hospitals, and diagnostic centers. On the basis of region, the global digital genome market is segmented into the Americas, Europe, Asia-Pacific, and the Middle East and Africa.

The Americas is sub-segmented into North America and South America. The North American region is further segmented into the US and Canada. The European region is divided into two, namely, Western Europe and Eastern Europe. Western Europe is further classified into Germany, Italy, France, the UK, Spain, and the rest of Western Europe. The Asia-Pacific region is sub-segmented into Japan, China, India, Australia, the Republic of Korea, and the rest of Asia-Pacific. The Middle Eastern and African region is sub-segmented into the United Arab Emirates, Saudi Arabia, Oman, Kuwait, Qatar, and the rest of the Middle East and Africa.

Regional Market Summary

The digital genome market is dominated by America owing increasing prevalence of chronic diseases like cancer and diabetes. The Breastcancer.org estimated 266,120 new cases of invasive breast cancer and 63,960 new cases of non-invasive breast cancer in America in 2018. Thus, this provides favorable backgrounds for the market to grow.

It is estimated that Europe stood second in the global digital genome market. The rising demand for personalized medicine and targeted therapy is driving the growth of the market. The European Alliance for Personalized Medicine (EAPM) founded in March 2012, is involved in enhancing patient care for chronic diseases through personalized medicine. According to the European Commission in April 2018, 13 European countries have signed a declaration to share the genomic data to allow personalized treatments against cancer, rare diseases, and neurological diseases.

The digital genome market in Asia-Pacific is expected to witness growth owing to rising diabetes in this region. According to the American Diabetes Association in 2016, the Western Pacific has more than 138.2 million diabetic patients. Also, the rising healthcare spending and growing biotech sector drive the market growth in this region.

The Middle East and Africa holds the least share in the global digital genome market due to low funding in medical and health research. However, the rising prevalence of chronic diseases and increasing healthcare spending favors market growth in this region. According to the Ministry of Finance - KSA (Kingdom of Saudi Arabia) in 2018, 147 billion riyals (USD 39.2 billion) have been allocated for the Health and Social Development Sector. This enhances the market growth of digital genome in this region.

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