Narcotics Global Market Report 2021: Implications of COVID 19 and Growth to 2030

The main players in the anesthesia disposable market are Ambu A/S (Denmark), Medline Industries, Inc. (USA), Smiths Medical (USA), Teleflex, Inc. (USA) and Vyaire Medical Inc. (USA). The global market for disposable anesthesia products is expected to grow from $0.
New York, May 3, 2021 (Global News)-Reportlinker.com announced the release of the report “2021 Narcotic Disposables Global Market Report: Impact and Growth of COVID 19 on 2030″-https://www.reportlinker.com /p06067872 /? utm_source = 47 billion Singapore dollars in 2020, and it will reach 520 million US dollars by 2021, with a compound annual growth rate (CAGR) of 10.6%. The change in growth trend is mainly due to the company stabilizing production after meeting exponentially increasing demand during the 2020 COVID-19 pandemic. It is estimated that the market will reach 640 million US dollars by 2025, with a compound annual growth rate of 5.3%. The disposable market includes the sale of disposable anesthesia products and related services. These disposable products include disposable anesthesia circuits, anesthesia masks, sampling tubes, filters/humidity exchangers (HME), breathing bags, and endotracheal tubes. And laryngeal mask. Easy to use portable device. To a large extent, they have replaced reusable products and are widely used throughout the body or target parts of the body during testing and surgical procedures, so patients will not feel pain and other sensations. Anesthesiologists, agencies should choose disposable products registered with the U.S. Environmental Protection Agency (EPA) and follow the manufacturer’s recommendations for use, exposure time, and disposal. In addition, they should discard single-use disposable devices in bio-hazardous bags/containers immediately after use (e.g. breathing circuit, respiratory equipment, gastro-gastric tube). The increase in population aging has led to an increase in surgical procedures, which has promoted the development of the disposable anesthesia market. Coupled with age-related comorbidities, it has led to an increase in the elderly population undergoing surgery. The prevalence of cardiovascular disease, arthritis, thyroid disease and emphysema is steadily rising, which is proportional to the number of surgical operations. Increase and the prevalence of diseases are on the rise. These diseases mainly exist in the elderly, due to their widespread use in surgical procedures and promote the growth of the market during the forecast period, thereby increasing the consumption of disposable anesthetics. The lack of well-trained anesthesiologists is restricting the market. The anesthesiologist plays a vital role in any operation or patient care during and after the operation. They gain the ability to provide quality care to patients. With the increase in the number of patients, especially in surgical operations and operations on a global scale, the demand for skilled and well-trained anesthesiologists In order to meet the increasing demand of patients for anesthesia services, countries are faced with skilled and well-trained There is a severe shortage of anesthesiologists. For example, a departmental labor intelligence center of Health Health England, the NHS staffing agency in the United Kingdom, said that according to their research, the use of anesthetics will increase by 25% by 2033 and the number of anesthesiologists will increase by 300. According to the American Medical College A study conducted by the Association of Schools (AAMC) reports that by 2030, there is an estimated shortage of 33,800 to 72,700 physicians in various specialties. Therefore, the huge gap in the national demand for well-trained anesthesiologists may hinder one-time anesthesia The growth of the product market. Compared with uninflated ETTs, the demand for cuffed endotracheal tubes (ETTs) in pediatrics is increasing. Traditionally, uninflated endotracheal tubes (ETTs) are recommended for children under 8 years of age. However, due to the main disadvantages of uninflated ETTs, such as increased air leakage around the tube, it is difficult to ensure that children are breathing enough oxygen. In addition, the measurement of tidal volume is also affected. The handcuffed ETT can also anaesthetically expel the anaesthetic gas and escape, which greatly increases the pollution of the operating room and makes the anaesthesia process more expensive. Therefore, the trend is that more and more cuff-type ETTs are used in pediatric procedures. Read the full report: https://www.reportlinker.com/p06067872 /? utm_source = GNW About Reportlinker ReportLinker is an award-winning market research solution. Reportlinker can find and organize the latest industry data, so you can get all the market research you need in one place. __________________________
Peloton (NASDAQ: PTON) fell nearly 7%. The US Consumer Product Safety Commission (CPSC) and Peloton announced two voluntary recalls of Peloton’s Tread+ and Tread treadmills, and stated that consumers should stop using them immediately and contact Peloton for a full refund or other qualified remedies Measures. Peloton also ceased sales and distribution of Tread+.
(Bloomberg)-Jeff Bezos sold approximately $2.5 billion in Amazon.com stock. This is his first large-scale sell-off this year after selling more than $10 billion worth of stock in 2020. This week, Bezos sold approximately 739,000 shares in a pre-arranged transaction. According to the filing of the US Securities and Exchange Commission. According to another document, he plans to sell up to 2 million shares. According to the Bloomberg Billionaires Index (Bloomberg Billionaires Index), the world’s richest man continues to hold more than 10% of Amazon.com, which is the main source of its $191.3 billion wealth. Fifteen years after Amazon.com went public in 1997, Bezos sold about one-fifth of online retailers for approximately $2 billion. In recent years, the value of his holdings has soared to the point where he can now sell a relatively small amount of stock for billions of dollars. As the Covid-19 pandemic keeps people away from 2020, Amazon’s stock price has risen by 76% in 2020 and has not changed much this year. The founder of Amazon used stock sales to fund rocket company Blue Origin, and at the same time he pledged $10 billion to the Bezos Earth Fund to help deal with the effects of climate change. On July 20, this is the first manned space mission and plans to auction a seat on its New Shepard rocket. Had it not been for his divorce from MacKenzie Scott, Bezos would have become richer. As part of the spin-off, she acquired a 4% stake in Amazon and quickly became one of the most important philanthropists in the world. (Updates to the Blue Origin program in paragraph 7) For more similar articles, please visit Bloomberg.com to visit us, and subscribe to the leading and most trusted source of business news now. ©2021 Bloomberg LP
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It seems that Kevin O’Leary, an investor in Shark Tank, no longer considers Bitcoin “junk”. The chairman of O’Shares ETF told Yahoo Finance Live that he allocated 3% of his investment portfolio to the world’s largest cryptocurrency after his home country Canada and some other countries relaxed restrictions on the purchase of assets by institutions .
(Bloomberg)-Bombardier will sell its shares in Alstom, which will generate more than $630 million in revenue based on current market prices. Bloomberg will follow price guidance, and such accelerated products are usually discounted. After the sale is complete, Bombardier said it expects to withdraw from its 3.1% stake in Alstom’s common stock. This transaction follows Bombardier’s sale of its train manufacturing business to Alstom for approximately US$3.6 billion. The transaction includes shares in a French company sold by Bombardier. In addition, Bombardier withdrew from the regional jet business and now focuses on manufacturing private jets. The Montreal-based company asked creditors on Monday to approve changes to the terms of eight bond issuances after an unidentified noteholder said the asset sale included railways and commercial aircraft. The transaction violated the debt contract due in 2034. Bombardier fell 2.1% to 93 Canadian dollars at 12:42 pm in Toronto, due to a general decline in the market. ©2021 Bloomberg LP Alstom (Alstom) closed almost unchanged at 45.83 euros. For more articles, please visit Bloomberg.com.
S&P Dow Jones Indices said on Tuesday that it has launched a new cryptocurrency index and will further mainstream digital currencies including Bitcoin and Ethereum by including it on the Wall Street trading floor. The new indexes S&P Bitcoin Index, S&P Ethereum Index and S&P Crypto Mega Cap Index will measure the performance of the digital assets related to them. The division of financial data provider S&P Global said the list will be expanded to include other tokens later this year.
The reason for the Securities and Exchange Commission (SEC) review of the rules was the collapse of the GameStop legend and Archegos Capital in January, the new chairman of Arcegos Capital plans to tell lawmakers. Gary Gensler was sworn in last month when he was chairman of the top market regulator, and he will testify before the House Financial Services Committee on Thursday. After an intense rally at Gamestop in January, a bullish position on Reddit and the bankruptcy of New York investment fund Archegos in March, Democrats pressed him to take a hard line on Wall Street.
New York/Chicago (Reuters)-General Electric shareholders rejected executive compensation packages, including paying CEO Larry Culp up to 230 million at the industrial group’s annual shareholder meeting on Tuesday Remuneration in dollars. Although shareholder votes are not binding, the move is a rare condemnation of the handling of executive compensation by large companies. As part of the extension of Culp’s employment contract to 2024, GE cancelled the old shares given to him in August last year and granted him new shares related to lower financial goals.
Due to the record drop in US crude oil inventories, crude oil prices broke through a seven-week high during the midweek trading session in London, and there is growing expectation that the rebound in economic activity in major emerging markets will continue to boost energy demand.
The rapid economic improvement and record highs of stocks may encourage share repurchase activities in 2021.
(Bloomberg)-After activist investor Elliott Management Corp. held shares, the management of GlaxoSmithKline Plc defended the company’s strategy. He expressed doubts about this, but said that the company is now “doing the right thing” and asked shareholders to make judgments based on the results. Glaxo is preparing to conduct two spin-offs next year to split its consumer division, while the remaining company will focus on biopharmaceuticals and vaccines. We “understand the skepticism of promises given in the past. There is no doubt that we-the board and management team-are determined to deliver.” GlaxoSmithKline is at work led by CEO Emma Walmsley During the transition, Emma Walmsley (Emma Walmsley) has been with the company since 2017. After shifting to lucrative areas such as the oncology area that Walmsley is trying to rebuild, the company has been lagging behind its competitors, especially British drugmaker AstraZeneca Plc. As a result of Elliott’s move to increase its shareholding, Glaxo has shown increased pressure for successful change. Although the plan of the activist hedge fund is still unclear, investors and analysts speculate that this may prompt GlaxoSmithKline to execute its split and strategy more quickly. The company plans to develop a blueprint for the new business in June. Symonds reiterated on Thursday that the dividends of the two new companies will be lower than the long-term annual dividend of 80 pence per share. The company has also come under fire for lack of a Covid-19 vaccine. GlaxoSmithKline earlier decided to use its adjuvant technology-substances used to enhance the immune response of vaccines-to develop pills in collaboration with other drugmakers instead of making them themselves. Symonds admitted at the meeting that the main partnership with Sanofi did not go as planned, which was “disappointing.” GlaxoSmithKline is still working with a number of companies to develop coronavirus injections, which will be launched later this year. Symonds said the company is also awaiting emergency approval from US regulators for Covid-19 antibody treatment with Vir Biotechnology Inc.. “It is disappointing that these largest partners, Sanofi, have been delayed.” “We intend to be competitive in a series of vaccine technologies, including mRNA, and we have the ability to do so.” About this For more information on this article, please visit Bloomberg.com to visit us. Subscribe now to stay ahead of the most trusted business news. source. ©2021 Bloomberg (Bloomberg LP)
The chief executive of French-Italian chip maker STMicroelectronics said on Tuesday that there is no reason to join a potential EU semiconductor alliance because the European Commission is seeking to increase Europe’s independence in microchips. CEO Jean-Marc Chéry told BFM Business that the committee’s initiative is a positive development, but his company has no interest in joining the organization. STMicroelectronics (STMicro) produces a variety of chips, from low-margin microcontrollers to more complex sensors used in smartphones and self-driving cars.
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(Bloomberg)-Royal Dutch Shell Petroleum Corporation reached an agreement to sell its Puget Sound refinery to HollyFrontier Corp. for US$350 million. According to a statement by HollyFrontier, the facility near Anacortes, Washington, has a hydrocarbon inventory of 150 million. To 180 million US dollars. The transaction also includes on-site combined heat and power and logistics assets. Shell is reducing its refining business to adjust its holdings to better adapt to a low-carbon future. Instead, the company will focus on sites with integrated refineries and chemical plants, betting on the future growth of petrochemical products. In September, the European giant said it would retain only six downstream facilities, including Norco in Louisiana and Deer Park in Texas. Shell shares fell from 14. Shell subsequently said in November that it would close its Convent refinery in southern Louisiana due to the devastating impact of the pandemic on the fuel industry. HollyFrontier said it expects to provide funding and cash for the acquisition by suspending its regular quarterly dividend for one year. The transaction will be completed in the fourth quarter. HollyFrontier CEO Mike Jennings said in the statement: “The Puget Sound refinery will complement our existing refining business, enter the high-end product market, and benefit the sales of Canadian crude oil.” For more articles like this, please visit Bloomberg.com visit us and subscribe now to stay ahead of the most trusted business news source. ©2021 Bloomberg LP
(Bloomberg)-Cathie Wood’s flagship ETF.ARK Innovation Exchange Traded Fund (ARKK) fell on Wednesday for the seventh consecutive trading day, the longest decline in nearly two and a half years. Thanks to a series of advance bets on Tesla Inc. and the technology darling staying at home, after soaring by about 150% in 2020, negative data began to accumulate. This year, ARKK has fallen by more than 10%, and investors are investing money to protect themselves from more losses. Tuesday’s put volume reached 190,000, the highest in six weeks and the fourth highest on record. Investors opened up the stocks of companies such as Zoom Video Communications Inc., Roku Inc. and Teladoc Health Inc., which are among the top ten holdings of ARKK. Once eager for hope for strong future profit growth, the specter of inflation now makes stretched valuations more difficult to justify, because the strong earnings of the tech giants have failed to restore investor interest. FBB Capital Partners research director Mike Bailey (Mike Bailey) said. “The relative attractiveness of the five high-tech stocks may be making ultra-growth stocks (for example, ARKK stocks) look more expensive because we have seen market sentiment abate.” According to reports, ARKK has outflows for five consecutive days. Nearly 770 million US dollars. Data compiled by Bloomberg. In April, this US$21 billion fund had a monthly net outflow of funds for the first time since October 2019. Ark Investment Management did not immediately respond to a request for comment. Volatility management research and trading team. He added: “It’s not that everyone suddenly entered this slum.” However, “you have a lot of shareholders who think this is not as good as previous generations. This will represent a shift in mood.” Market speculative corner Bleeding on Wednesday was dull with new stocks and unprofitable technology companies. Seven consecutive days of selling caused the Renaissance IPO ETF to break through the bottom of March and reach its lowest level since November. After falling 2.5% on Wednesday, the fund expanded its decline from its peak in February to 31%. The massacre is in sharp contrast with the broader market. The Dow Jones Industrial Average rose to a record high on Wednesday, while the S&P 500 index hovered close to an all-time high. Andrew Adams of Saut Strategy said: “Nevertheless, my real concern is that high-growth areas represented by the Ark Fund and many similar funds are in danger of collapse and may cause a waterfall.” “If these speculative areas start to collapse together, that would be great.” For more articles like this, please visit us at Bloomberg.com. Subscribe now to get the most trusted source of business news. ©2021 Bloomberg
An expert told Yahoo Finance that, due to the surge in investor interest in cryptocurrencies, Bitcoin may rise to $1 million in the next five years.
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A Swiss company executive and other industry sources told Reuters on Wednesday that Credit Suisse Group AG had told customers in recent months that it would no longer execute stock transactions in cannabis companies operating in the United States or hold on behalf of customers. There are these stocks. This Swiss bank is one of the few banks willing to buy and sell marijuana-related stocks for American clients and use it as a custodian. Credit Suisse declined to comment.
In one of the more relaxing moments at the Berkshire Hathaway’s annual shareholder meeting on Saturday, I asked Ajit Jain, the vice chairman of the insurance business unit, whether he would be willing to serve Elon Musk. The Mars SpaceX mission undertaken underwrites the insurance. ask.
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(Bloomberg)-The European Union’s chief industry officer Thierry Breton (Thierry Breton) said that Europe’s naive approach to outsourcing so much semiconductor design and manufacturing to other regions needs to correct this balance. In an interview with Bloomberg News, Breton said: “We want to restore our previous production market share to meet the needs of our industry.” He said that Europe’s share of semiconductor manufacturing has fallen over the years because the region is “too much Naive and too open.” The European Commission (European Commission), the executive body of the European Union, developed a plan on Wednesday to diversify the supply chain and conduct regular departmental reviews of the supply chain. An analysis report issued by the company at the same time shows that the semiconductor supply chain in the region is becoming more and more vulnerable to high barriers to entry by key industries, trade tensions, and heavy dependence on advanced Asian countries, thus addressing its strategic areas such as semiconductors. The problem of lack of industrial independence. The committee stated that the EU’s response should focus on returning to the design and production of semiconductors that power data processing, communications, infrastructure and artificial intelligence. The EU plans to double chip production to at least 20%. By 2030, global supply will increase. Brittany is trying to convene Europe’s leading chip manufacturers, research centers, rather than go to sleep. n The European Union government supports the plan. At least 22 countries/regions have signed a letter of intent for cooperation. The alliance will have to decide how to improve the design and production of 20nm to 10nm chips, which are smaller and more powerful than most chips currently manufactured in Europe, Brittany said. The advancement in manufacturing is measured in nanometers or billionths of a meter, with smaller and smaller transistors crammed on silicon wafers. At the same time, the European Union will make plans to produce the next generation of leading chips by 2030. The officials’ goal is to reduce production from 5 nanometers to 2 nanometers, an ambitious goal that industry leaders Taiwan Semiconductor Manufacturing Co. and South Korea’s Samsung Electronics Co. have not achieved. The difficult production of even 20nm chips will be a challenge for most of the long-term outsourcing European semiconductor companies. Jan-Peter Kleinhans, head of technology and geopolitics at the think tank Stiftung Neue Verantwortung, said that this scale of production. He said the automotive and industrial customers of these companies may need to be willing to pay higher prices for chips “made in the European Union.” Not all European chip companies are eager to sign the EU plan. STMicroelectronics (ST) CEO Jean-Marc Chery told BFM TV on Tuesday that his company is unlikely to join the alliance. Chery said. Europe used to account for a large share of the semiconductor manufacturing industry, but its global market share of approximately 44% in 1990 has fallen to nearly 10% today. According to the Boston Consulting Group and the Semiconductor Industry Association, Taiwan, South Korea and Japan account for approximately 60% of total production. European chip designers, including NXP Semiconductors NV and Infineon Technologies, are now outsourcing most of their products to TSMC and other foundry operators. Kleinhans said that this decline partly reflects the decline of the European consumer technology sector, including the failure of Nokia and Ericsson AB’s once popular mobile phones. Now, the European automotive industry is severely hit by the global chip shortage. Ford Motor said on Monday that due to chip shortages, the German factory will suspend production for several weeks, adding to the list of more and more manufacturers of idle factories. Although the EU’s semiconductor strategy aims to reduce dependence on foreign suppliers, its plan to reduce it to 5 nanometers is so ambitious that the EU will need the help of those same participants. When talking about the 2-nanometer goal, Breton said: “Companies like TSMC have invested years of research and invested billions of dollars to develop their expertise.” He said that this strategy is like “moon landing.” “. Intel Corp., the world’s largest chip maker, has already supported the European Union’s plan. It has already expanded 7nm production in Europe and is also considering establishing the most advanced semiconductor foundry in the region. But Intel has been working hard in recent years to increase production levels. The CEO said last week that the company may need a large amount of financial support from European governments to invest in the EU’s strategy. An Intel spokesperson pointed out that approximately 40% of companies in Asia received this share. The construction cost of the new factory subsidized by the state. The spokesperson said that the cost of the new plant is at least US$10 billion, and it takes two plants in one location to take advantage of economies of scale. (Updates to the EU announcement in the fourth paragraph, STMicroelectronics and analyst comments) Please visit Bloomberg.com to visit us. Subscribe now to get the most trusted source of business news. ©2021 Bloomberg LP
The AUD/USD fell because of the decline in domestic yields, which made it less attractive. The 10-year bond yield fell to 1.68%.
As the U.S. dollar rose, gold prices fell slightly on Wednesday. U.S. Treasury yields fell, slightly worse than expected in the ADP private wage report. The price of gold rose on Wednesday, but it was still in a range.


Post time: May-06-2021