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Press Releases from Axiom Market Research & Consulting (197 total)

Global Surgical Loupes Market Estimated to Grow at a CAGR of 9.13% During the Fo …

Surgical loupes is a simple and small magnification device enormously used in various medical practices such as dental, sclerotherapy and multiple surgical procedures. It is used to enhance the visualization of tissues with improved magnification for appropriate placement of instrument inside the body without causing damage to the internal organs during complicated surgeries. Surgical loupes plays a major role during flap elevation, particularly during dissection of the pedicle and preliminary

GROWTH IN PREVALENCE OF PAINFUL AND INFLAMMATORY DISEASES IN ANIMALS COUPLED WIT …

The key players of the veterinary pain management market are Boehringer Ingelheim (Germany), Zoetis (United States), Elanco (United States), Merck Animal Health (United States), Chanelle (Ireland), Vetoquinol (France), Bayer AG (Germany), Norbrook (Ireland), Ceva Santé Animale (France), K-Laser (United States) and Dechra Pharmaceuticals (United Kingdom) among others. New York, July 8, 2019: Axiom Market Research & Consulting™ added a report on global veterinary pain management market which includes study

GROWING DEMAND FOR AEROSOL CANS FROM THE PAINTS & COATINGS INDUSTRY COUPLED WITH …

Key companies operating in the global aerosol market include PPG Industries Inc. (United States), Procter & Gamble (United States), Reckitt Benckiser Group PLC (United Kingdom), SC Johnson Inc. (United States), Sherwin-Williams (United States), Unilever PLC (United Kingdom), AkzoNobel NV (Netherlands), Ball Corporation (United States), Colep U.K. Ltd (United Kingdom), Crown Holdings Inc. (United States), Henkel AG Co KGaA (Germany), Honeywell International Inc. (United States), Ardagh Packaging Holdings Limited (Ireland), DS

NORTH AMERICA DOMINATED THE GLOBAL COSMETIC GYNECOLOGY MARKET IN 2018, FOLLOWED …

The growth of the tourism industry and formation of tourism clusters has not only increased exposure to cosmetic surgeries but have also created a high point demand for these cosmetic gynecology surgeries all around the world. Request for Sample @ https://axiommrc.com/request-for-sample/?report=hc2102 New York, July 3, 2019: Axiom Market Research & Consulting™ added a report on global cosmetic gynecology market which includes study on various treatment type, procedure type and end users

Global Endodontics Market Projected to Grow at a CAGR of 5.65% During the Foreca …

Asia-Pacific is expected to be the fastest growing region in the global endodontics market, due to existence of vast pool of patients, growing awareness on dental hygiene, rising disposable income, increasing awareness among population base, improving healthcare infrastructure and larger opportunities for new market entrants New York, June 24, 2019: Axiom Market Research & Consulting™ added a report on global Endodontics market which includes study on various products and end users

Global Bone Graft Market Estimated to Grow at a CAGR of 6.20% During the Forecas …

Bone grafting, or transplanting of bone tissue, is beneficial in fixing bones that are damaged from trauma or problem joints. It is also useful for growing bone around an implanted device, such as a total knee replacement where there is bone loss or a fracture. Bone Graft Market Key Players: • DePuy Synthes • Medtronic • NuVasive, Inc, • Orthofix Holdings, Inc. • Wright Medical Group N.V • AlloSource • Stryker • Baxter • Integra LifeSciences • Zimmer Biomet • XTANT MEDICAL • Johnson & Johnson • Arthrex, Inc • Musculoskeletal Transplant Foundation Request for Sample @ https://axiommrc.com/request-for-sample/?report=hc1839 Bone Graft

Global Cellulite Treatment Market Estimated to Grow at a CAGR of 9.30% During th …

Cellulite is a condition in which the skin has a dimpled, lumpy appearance. It usually affects the buttocks and thighs but can also occur in other areas. Cellulite occurs when fat deposits push through the connective tissue beneath the skin. Furthermore, cosmetic surgeons use a variety of treatments to help patients reduce cellulite. While none are permanent, many can achieve results that last a year or longer. The laser energy

Global Amines Market Estimated to Grow at a CAGR 7.64 % of during the Forecast P …

Amines are organic compounds and functional groups which comprise a basic nitrogen atom with a lone pair of electrons. Depending on the number of hydrogen atoms replaced by organic compounds such as alkyl or aryl group, they are called primary amines, secondary amines and tertiary amines for one, two and all three hydrogen atoms, respectively. Furthermore, some amines comprise methylamine, dimethylamine, and trimethylamine. Aromatic amines, known as Anilines, are byproducts

Global Recovered Carbon Black (rCB) Market Estimated to Grow at a CAGR of 53.89% …

The recovered carbon black (rCB) is a material derived from scrap tires by pyrolysis. It typically contains 10 to 20% by weight non-carbonaceous material and is free of wire and fabric. rCB offers a cost-effective way for the carbon black and tire industries to improve their carbon footprints. It partially replaces high cost conventional carbon black grades including N-326, N550, and N-774 without negative effects. Moreover, it can achieve higher

Global Vaccine Market Estimated to Grow at a CAGR of 7.39% during the Forecast P …

Vaccines are biological preparation that develops immunity against infectious and life threatening diseases such as chickenpox, diphtheria, tetanus, and pertussis vaccine, hepatitis A vaccine (HepA), hepatitis B vaccine (HepB), hib vaccine, human papillomavirus (HPV) vaccine, influenza vaccine, measles, mumps, and rubella vaccine etc. Vaccines consists of live disease causing microorganism whose virulence ability is decreased or consists of some of its components. Types of vaccines manufactured are live-attenuated, inactivated, recombinant

Global Biochips Market Estimated to Grow at a CAGR of 17.71% During the Forecast …

Biochip is a small integrated medical device, which performs several biological or biochemical reactions simultaneously. It is extremely small in size and consists of microscope slide, which is manufactured of glass, nylon, or silicon. Moreover, it is a set of microarrays which are placed on a strong surface of a substrate to allow thousands of reactions to be performed in less time such as decoding genes, screening of large number

Global North American Oncology Drugs Market Projected to Grow at a CAGR of 7.66% …

The oncology landscape is evolving rapidly in North America, as scientific advances bring treatment options to an expanded number of patients and redefine cancer as a large number of narrowly defined diseases. Most health systems are struggling to adapt and embrace this evolution, in particular the regulatory systems, diagnostic and treatment infrastructure, and financing mechanisms that are required to meet the needs of populations. North American Oncology Drugs Market Key Players: North

Egg Processing Market by Processing Technique, End User and Region - Global Mark …

Eggs are among the most adaptable ingredients used in cooking, playing a significant role in many twigs of the modern food industry, particularly in baking. Their specific chemical makeup many a times can be utilized as a glue in most of the baking reactions. The acceptance of eggs in the food industry makes way for the egg processing industry. There are numerous steps and equipment involved in egg processing, such

Global Bakery Processing Equipment Market Estimated to Grow at a CAGR of 4.56% D …

Bakery processing equipment's including bread systems, bread slicers, mixers, ovens & proofers, divider & rounders, sheeters and moulders, pan greasers and depositors are widely used for processing of bakery products. This equipment offer high performance multi-shift production, consistently high product quality, state-of-the-art control systems, hygiene standards & short cleaning and low maintenance times. Bakery Processing Equipment Market Outlook: The global bakery processing equipment industry is remarkably impacted by novelties, as manufacturers are

Global Dental Prosthetics Market Estimated to Grow at a CAGR of 6.93% During the …

Prosthetic dentistry, also known as prosthodontics, is a branch of dentistry that covers the scope of replacing missing teeth by the use of dentures and other artificial dental methods. It also deals with the reconstruction of other oral defects like missing parts of teeth and problems on the structures of jaw and teeth bones. Prosthetic dental treatment is used for cosmetic or functional reasons, or both. Dental Prosthetics Market Outlook: With digitalization

Global Electrical Steel Market Estimated to Grow at a CAGR of 6.63% During the F …

Electrical steels are critical for the electromagnetic machines that power all over the world. Electrical steel sheets are utilized as magnetic cores in power generators, transformers and motors. Grain Oriented Electrical and Non Grain-Oriented are the two types of steel commercially available. Grain oriented electrical steels (GOES) are iron-silicon alloys that were developed to provide the low core loss and high permeability required for efficient and economical electrical transformers. Similarly,

Global Targeted Cancer Therapies Market Estimated to Grow at a CAGR of 8.68% Dur …

Targeted cancer therapies are drugs or other substances which inhibit the growth and spread of cancer by interfering with specific molecular targets that are involved in the growth, progression and spread of cancer. These therapies are presently the focus of much anticancer drug development companies. They are a cornerstone of precision medicine, a form of medicine that uses information about an individual’s genes and proteins to prevent, diagnose, and treat

Global Nutraceutical Ingredients Market Estimated to Grow at a CAGR of 7.00% Dur …

Nutraceuticals are characterized as a piece of nourishment or entire sustenances that have medicinal or medical advantages, including the anticipation and treatment of chronic condition, for example, corpulence, malignancy, hypertension and diabetes. All around benefit and their multi-usefulness of nutraceutical ingredients has prompted their vast scale use in various applications. Evolving ways of life, wellbeing, mindfulness, increased instance of interminable illnesses and development in application part are some variables driving

GLOBAL PROBIOTICS MARKET ANTICIPATED TO PROPEL AT A CAGR OF 6.94% FROM 2020 TO 2 …

Evolving consumer preferences for probiotics contribute to high level of product innovation in the functional food and beverage industry. In mature markets, growth is typically driven by evolving lifestyles and increasing demand for functional food. New York, May 14, 2019: Axiom Market Research & Consulting™ added a report on global probiotics market which includes study on various diagnostic devices, therapeutic devices and end users across several countries of key regions around

EUROPE HELD THE LARGEST MARKET SHARE OF THE BOWEL MANAGEMENT SYSTEMS MARKET IN 2 …

The market in Asia Pacific is anticipated to expand at a robust pace during the forecast period. Expansion of the market in the region is expected to be contributed by the rising geriatric population in India and Japan. New York, May 14, 2019: Axiom Market Research & Consulting™ added a report on global bowel management systems market which includes study on various product, patient type and end users across several countries

NORTH AMERICA HELD THE LARGEST MARKET SHARE OF THE BETAINE MARKET IN 2018, MAINL …

Developing economies in Asia Pacific, such as China, Japan, and India, are expected to contribute to the betaine market growth. Flourishing chemical industry is the key factor driving the market in Asia Pacific. New York, May 14, 2019: Axiom Market Research & Consulting™ added a report on global betaine market which includes study on various type, form and application across several countries of key regions around the world. The global betaine

Global Low VOC Adhesives Market Estimated to Grow at a CAGR of 5.45% During the …

Low-VOC adhesives are the latest eco-friendly adhesives which exhibit high strength and bonding properties. These adhesives bonds not only laminates, woods, metals and particleboard, but also soft foams, lighter weight materials, and substrates with more porous surfaces. Request for Sample @ https://bit.ly/307cPNg Low VOC Adhesives Market Outlook: Globally, the low-VOC adhesives market is witnessing considerable growth owing to expansion of end-use industries, surging demand for high performance adhesives and shift in preference

GLOBAL ANTI-SNORING DEVICES MARKET PROJECTED TO GROW AT A CAGR OF 9.59% DURING T …

Asia-Pacific is expected to be the fastest growing region in the global anti-snoring devices market, due to existence of vast pool of patients and swelling prevalence of obesity in the region. In addition, the European market is growing due to increasing healthcare expenditure, increasing awareness of healthcare, and refining healthcare infrastructure in the emerging countries. Request for Sample @ https://bit.ly/2IR6wIc New York, May 13, 2019: Axiom Market Research & Consulting™ added

NORTH AMERICA HELD THE LARGEST MARKET SHARE OF THE SLEEP APNEA DEVICES MARKET IN …

With the technology developments in the facial interfaces, the comfort level on using the Continuous Positive Airway Pressure (CPAP) devices would surge and the adoption would be larger. Growing awareness levels of sleep apnea and rising number of sleep labs will further expand the existing consumer base thus fostering the market growth. Request for Sample @ https://bit.ly/2Q20k11 New York, May 13, 2019: Axiom Market Research & Consulting™ added a report on

Substantial Increase In Obese Population And Growing Awareness About Healthy Eat …

Nevertheless, strict government guidelines regarding the production of healthy snacks, and high costs related with them is anticipated to limit the development of the market to a certain extent. Expansion of established companies into emerging economies and increase sales of healthy snacks through online channels would provide numerous opportunities in the healthy snacks market growth. Healthy Snacks Market Key Players: • PepsiCo Foods • Nestlé S.A. • The Kellogg Company • General Mills, Inc. • The Kraft Heinz Company • Herbalife Ltd. • Nutrisystem Inc. • Mondelez

Global Antimicrobial Plastic Market Estimated to Grow at a CAGR of 8.24% During …

The antimicrobial plastic is also known as polymeric biocides which have certain antimicrobial agents and additives. These additives can be introduced into a plastic surface during the manufacturing process to provide lasting protection from microbes. The antimicrobial additives such as arsenic-based oxybisphenox arsine and organic-metallic biocides are used. The major application of antimicrobial plastic is killing of microorganisms by inhibiting their growth in the packaged and commercial products. The antimicrobial

Global Green Cement Market Expected to Grow at a CAGR of 12.00% During the Forec …

Although the cement industry in booming, it faces a number of challenges that include depleting of fossil fuel reserves, scarcity of raw materials, perpetually increasing demand for cements and concretes and growing environmental concerns linked to climate change. With the world production of cement estimated to reach 5 billion tonnes by 2030, there seems to be an alarming situation in the future. Nowadays, cement industries and buildings professionals are advocating

Global Food Emulsifiers Market Estimated to Grow at a CAGR of 4.70% During the F …

Food emulsifier is a substance that act as an interface between the conflicting components of food like water and oil. Primarily these are used to make two components compatible, hence emulsifiers have huge application in various industries including bakery and confectionery, meat products, dairy products, and convenience foods in order to improve appearance and texture of the products. Further, these are often used as food additives in various food

Changing Consumer Lifestyles, Increased Demand for Convenience Foods and Rising …

Bakery ingredients are ingredients that are used in the bakery industry for numerous qualitative purposes. These ingredients are used globally for the development and manufacturing of sustainable bakery products. Furthermore, bakery ingredients, such as emulsifiers, fats and conditioners, offer bakery products with longer shelf life and improved overall quality. Enzymes are one of the most widely used bakery ingredients worldwide as they have texture improving and taste modifying properties. Enzymes,

Health Benefits Such Better Heart Health, Improved Gut Health and Weight Managem …

Plant based meat protein is treated as an alternative for animal-based meat protein which is mainly made of soy or gluten. It does not involve any animal product like meat or dairy. There are two means by which plant-based meat products are treated: thermoplastic extrusion and fiber spinning. Thermoplastic extrusion is the most often used method to produce plant-based meat products as it is available in low cost and supports

Novel Products Such as Biological Mesh by Key Vendors and High Market Potential …

Hernia is a condition in which the lining of the abdomen bulges out into a small sac due to weakened abdominal muscles. Hernia repair has advanced throughout the years to address the difficulties in treating patients and to proceed with the mission of decreasing the recurrence rates and the frequencies of postoperative pain. More recently, there has been a shift in surgical technique from an open approach to a laparoscopic

mHealth Global Market Experiencing High Grow Rate of CAGR 30.17% During Forecast …

mHealth (mobile health) is a general term for the use of mobile phones and other wireless technology in medical care. The most common application of mHealth is the use of mobile devices to educate consumers about preventive healthcare services. However, mHealth is also used for disease surveillance, treatment support, epidemic outbreak tracking and chronic disease management. mHealth Market Key Players: • Agamatrix, Inc. • Airstrip Technologies • Alivecor, Inc. • Apple Inc. • AT&T, Inc. • Athenahealth, Inc. • Cisco Systems, Inc. • Ihealth Lab Inc. • Johnson &

DEVELOPING PIPELINE FOR STEM CELL RESEARCH AND HIGH ADOPTION OF RECOMBINANT DNA …

Key companies operating in the global flow cytometry market include Becton, Dickinson and Company (US), Beckman Coulter, Inc. (US), Thermo Fisher Scientific, Inc. (US), Sysmex Partec GmbH (Germany), Luminex Corporation (US), Miltenyi Biotec GmbH (Germany), Bio-Rad Laboratories, Inc. (US), Sony Biotechnology, Inc. (US), Agilent Technologies, Inc. (US), bioMérieux S.A. (France), Enzo Life Sciences, Inc. (US), Stratedigm, Inc. (US), Cytonome/ST LLC (US) and Apogee Flow Systems Ltd. (UK) among others Request

Feed Yeast Market by Type, Livestock and Region, Global Market Share, Trend Anal …

Numerous yeast products and yeast-containing feed ingredients are commercially produced, marketed, and used extensively in animal feeds around the world. Considerable research has been conducted to evaluate the potential animal growth performance and health benefits of adding yeast, yeast-derivatives, and yeast-containing ingredients into animal feeds. Feed Yeast Market Key Players: • British Foods PLC • Archer Daniels Midland Company • Alltech Inc. • Cargill, Nutreco N.V. • Lesaffre Group • Lallemand Inc. • Novus International • Angel Yeast Co Ltd., Chr. • Hansen • Zilor (Biorigin) • Kerry Group • Kemin Industries Request for Sample @

Contraceptive Pills

Oral contraceptive pills is a kind of female hormonal anti-conception medication technique that is used for avoiding pregnancy. Contraceptive drugs are used to prevent the unwanted pregnancy by blocking the normal process of ovulations or by altering the process which support the fertilization of egg. The prevalence of women with unmet contraception needs was accounted at 214 million in 2018 by WHO. Further, as indicated by, United Nations,

Women’s Health Diagnostics Global Market Estimate to Grow at a CAGR of 9.20% f …

A global agenda for women’s health has a broadened, redefined focus to incorporate not only women’s sexual and reproductive health, but also the major causes of death and disability for women. According to the World Health Organization (WHO), around 627,000 women died due to breast cancer in 2018. Moreover, American Cancer Society estimates about 22,530 women are likely to receive new diagnosis of ovarian cancer in 2018. And about 13,980

Digital Diabetes Management Market Anticipated To Propel at a CAGR Of 22.04% Fro …

The market is booming at a significant rate, majorly driven by the increasing prevalence of diabetes, growing adoption of cloud-based enterprise solutions for diabetes management and technological advancements. With the snowballing use of smartphones and internet, there is an opportunity to use digital tools for training people with diabetes to self-manage their disease. Download sample report @ https://bit.ly/2E1KG02 New York, April 30, 2019: Axiom Market Research & Consulting™ added a report

Baking Enzymes Market Analysis: Global Market Share, Trend Analysis Forecast up …

Enzymes is one of the most important ingredients used in bakery products. Enzymes today are considered as natural and innovative solution for baking business. The global baking enzymes market is majorly driven by the paradigm shift toward preventive health management practices amid rising healthcare costs and increasing burden of lifestyle diseases. The increasing costs of healthcare, people are turning towards baking enzymes to help them stay healthy. Baking Enzymes Market Outlook: The

Dietary Supplements Market Analysis: Global Market Share, Trend Analysis Forecas …

The global dietary supplements market is majorly driven by the paradigm shift toward preventive health management practices amid rising healthcare costs and increasing burden of lifestyle diseases. Furthermore, digitization in marketing is expected to lift the future growth of dietary supplements. The increasing costs of healthcare, people are turning towards dietary supplements to help them stay healthy. Dietary Supplements Market by Key Players: The leading dietary supplements market players are Advocare, Amway,

Global Dry Eye Syndrome (DES) Therapeutics Market Outlook: Allergan Plc, AFT pha …

Dry eye disease is characterized by insufficiency of tears in eye, insufficient lubrication in eye lead to sensing, redness, burning and pain in eye. The disease can be treated by various types of medication, devices which are available in the market. Growing incidence of dry eye disease is seen to give a strong momentum to the global market. There are other factors that could further push growth of the market

Global Cerebrospinal Fluid (CSF) Management Market Outlook: Medtronic PLC, Integ …

Cerebrospinal fluid (CSF) is produced by the choroid plexus and walls of the ventricles in the brain and spinal cord where it is reabsorbed in the venous sinuses. Changes in CSF volume and pressure alter intracranial dynamics such that intracranial hypotension occurs, leading to the potential for intracranial haemorrhage. Increased intracranial pressure can result in irreversible injury to the central nervous system. Cerebrospinal Fluid Management Market Key Players: • Medtronic PLC • Integra Lifesciences Holdings

Global Food Emulsifiers Market Share, Trend Analysis & Forecast up to 2025: Arch …

Food emulsifiers act as an interface between the conflicting elements of food like water and oil. While preparing the food, often conflicting natural element of food ought to be combined into a consistent and pleasing blend. Each component of food such as carbohydrate, protein, oil and fat, water, air, etc. has its own properties which are sometimes conflicting to one another just like oil and water. Food Emulsifiers Market Key Players: • Archer

Global Sternal Closure Systems Market Share, Trend Analysis & Forecast up to 202 …

Every year, over one million people worldwide undergo open-heart surgery in the fight against cardiovascular disease. American Heart Association reports that each year in the United States, over 700,000 open-heart surgeries are performed requiring mid-line sternotomies. Sternal closure systems are used for closing the sternum or the breastbone after sternal reconstructive surgical procedures. Sternal Closure Systems Market Top Players: • A&E Medical • Abyrx • Acute Innovations • Depuy Synthes (A Part of Johnson & Johnson) • Dispomedica • Idear S.R.L • Jace Medical • Jeil Medical

Global Digital Medicine Market Share, Trend Analysis & Forecast up to 2025

Digital Medicine refers to use of evidence-based technology and products that rely on health information to diagnose, prevent, monitor or treat diseases or conditions. Digital medicine allows for continuous remote monitoring of patients, earlier intervention and predictions of individual health outcomes based on individual, environmental or other aggregate information. Digital medicine also empowers patients by enabling them to monitor their symptoms, provide relevant data to providers and connect with other

GLOBAL ANIMAL HEALTHCARE MARKET ANTICIPATED TO PROPEL AT A CAGR OF 4.91% FROM 20 …

Key companies operating in the global animal healthcare market include Bayer AG, Boehringer Ingelheim International GmbH, Cargill, Incorporated, Ceva, Elanco, Evonik Industries, Merck & Co. Inc. (Intervet), Nutreco N.V, Sanofi, Vetoquinol S and Pharmaceutical Product Development LLC among others New York, April 4, 2019: Axiom Market Research & Consulting™ added a report on global animal healthcare market which includes study on various animal type, products, distribution channels across various countries of

Vascular Closure Devices Market Expected to Grow at a CAGR of 7.01% during the F …

Vascular closure devices (VCD) have emerged as an effective alternative to traditional mechanical compression for femoral artery closure and is being widely used in patients undergoing catheterization via the femoral route. Vascular closure devices (VCDs) were introduced in the early 1990’s with the goal of limiting the time, labor, bed rest and patient discomfort associated with MC. Vascular Closure Devices Market Outlook: The global vascular closure devices market is witnessing significant

Global Flow Cytometry Market Growing at a Significant CAGR of 9.01% During Forec …

Flow cytometry is a technology that simultaneously measures and then analyses multiple physical characteristics of single particles, usually cells, as they flow in a fluid stream through a beam of light. The properties measured include a particle’s relative size, relative granularity or internal complexity, and relative fluorescence intensity. These characteristics are determined using an optical-to-electronic coupling system that records how the cell or particle scatters incident laser light and emits

Global Stevia Market Share, Trend Analysis & Forecast up to 2025 | Top Key Playe …

Stevia has no calories and is 300 times sweeter than sugar in similar concentration. Producers are progressively discovering substitute for sweeteners, which will lead to decrease in calorific content without forfeiting the taste. Growing awareness of health benefits of low-calorie consumable products is the key catalyst for the market growth. Traditionally, stevia has been cultured for more than centuries, though it got the acknowledgement of being a safe alternative for

Personalized Nutrition Market Worth 7.2 USD billion by 2025 Globally – Axiom M …

Global market of personalized nutrition market is segmented on the basis of products, applications, age group, providers and geography. Based on products, the market is segmented into vitamins, herbs & botanicals, minerals, proteins & amino acids, fatty acids, probiotics, fibers & specialty carbohydrates and others. The other products include prebiotics, carotenoids, glucosamine etc. On the basis of application, the market is classified into overall health/wellness, immune health, bone health, heart

Global Digital Diabetes Management Market Analysis Forecasted From 2020 to 2025 …

Digital medicine, digital research and artificial intelligence (AI) have the power to transform the field of diabetes with continuous and no-burden remote monitoring of patients’ symptoms, physiological data, behaviors and environmental contexts through the use of wearable’s, sensors and smartphone technologies. Furthermore, Diabetes imposes a heavy economic burden on both the global healthcare system and wider global economy. According to WHO, the global cost is estimated to be 825 Billion

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