September 2024 – Page 128

Studio Khora Architects Expands: Opening a New Studio in Maine

Studio Khora, renowned for its contemporary design and innovation, is proud to announce the opening of its new office in Maine. As one of the leading architectural firms in Florida, Studio Khora is now bringing its distinctive approach to the rugged and breathtaking landscapes of Maine, a region that offers a fresh canvas for contemporary architecture.

Maine, known for its picturesque coastline and rolling hills, presents a unique opportunity for modern architecture to flourish. Maine architects are beginning to embrace contemporary design trends, and Studio Khora’s philosophy emphasizes large openings, expansive glass facades, and a seamless connection between indoor and outdoor spaces. These design principles allow homes to fully embrace Maine’s stunning views, offering a living experience that feels deeply connected to nature. This approach is in stark contrast to the traditional Colonial style that has long dominated the region.

Colonial architecture, with its smaller windows and compartmentalized layouts, was historically designed for practicality, focusing on insulation during harsh winters. However, this results in restricted views and limited natural light, often diminishing the connection to Maine’s extraordinary environment. While Colonial homes remain an iconic part of the state’s architectural history, their design limitations make it difficult to fully appreciate the magnificent landscapes.

As top Maine architects, Studio Khora’s contemporary homes are designed to blur the lines between indoors and outdoors. Large glass panels and open-plan layouts invite the outside world in, creating a fluid relationship with the surrounding environment. This not only enhances the living experience but also creates a sense of harmony with nature—something that traditional Colonial homes struggle to achieve.

Studio Khora’s vision as Maine architects embraces the environment rather than shielding from it. The firm’s commitment to sustainability, modern design, and thoughtful integration with nature promises to redefine the architectural landscape in Maine. By merging contemporary design with the state’s coastal charm, Studio Khora is creating homes that are not just structures but immersive experiences, allowing residents to live fully in tune with the stunning surroundings.

With the opening of its new office in Maine, top Maine architects at Studio Khora continue to build on their legacy of innovation, crafting architecture that elevates the living experience and redefines the relationship between home and nature. This new chapter in Maine signifies a bold step in bringing the beauty of contemporary architecture to new environments, blending modern design with the region’s natural splendor.

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Contact Person: Alex Penna
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Phone: (800) 952-1044
Address:12000 BISCAYNE BLVD SUITE #200
City: MIAMI
State: FLORIDA, 33181
Country: United States
Website: https://www.studiokhora.com/top-miami-architects

2nd Chance MS to Hold Annual “Party on the Green” Fundraiser in Oxford on September 26, 2024

“Party on the Green” event supports 2nd Chance MS’s adult education and workforce training efforts throughout Mississippi.

2nd Chance MS is excited to announce its 2024 “Party on the Green” fundraiser on Thursday, September 26th, starting at 5:30 p.m. The event will be held at The Isom Place, 1003 Jefferson Avenue, on Oxford, Mississippi’s historic square. The event promises an exciting lineup, including a silent auction featuring once-in-lifetime vacations and remarkable giveaways, including:

A six-night Getaway to Ireland for two people
A Brad Paisley concert package for eight people.
A Boston Tea Party Experience Package includes a three-night stay at The Fairmont Copley Plaza, admission to the Boston Tea Party museum, and daily breakfast and dinner at Oak Long Bar + Kitchen.
Lane Kiffin limited edition round two shoes
An Alexis Walter 36×36 Painting

Additionally, guests will be treated to the musical talents of KC and the Moonshine Band, delectable food by My Michelle’s, and an open bar. This presents an excellent opportunity for the community to come together, enjoy a delightful evening, and contribute to a meaningful cause.

The proceeds from the fundraiser will go directly to the students and programs supported by 2nd Chance MS, impacting the lives of individuals seeking to improve their circumstances through education and skills training. Join 2nd Chance MS for an unforgettable evening at the “Party on the Green” as we work together to make a difference in the community.

Zach Scruggs, Executive Director of 2nd Chance MS, shared, “We are thrilled to host our sixth annual ‘Party on the Green’ fundraiser in Oxford. The support of our corporate and individual sponsors is vital to our mission of providing needed support to hardworking, lower-income adult students across Mississippi. We welcome everyone to join us on September 26th and be a part of making this year’s event the best one yet.

“The goal at 2nd Chance MS is to promote and support adult education and workforce training for lower-income Mississippi adults. They are dedicated to working with Mississippi’s 15 Community Colleges to create and finance programs that offer essential financial support and eliminate barriers for deserving adult students.

These programs have significantly increased the number of Mississippians equipped with the education and training necessary to secure and maintain a family-sustaining job. To date, they have assisted over 2,000 individuals in continuing their educational journey, helping them overcome barriers and transition into the workforce, thus breaking the cycle of poverty.

For more information and tickets, please visit: www.2ndChanceMS.org.

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Phone: 662-417-4549
Address:1723-B University Avenue
City: Oxford
State: MS 38655
Country: United States
Website: https://www.2ndchancems.org/

Simple Sell, Local House Buyer Company Reshapes the Cash Home Selling Industry

Simple Sell is a premier US company buying homes for cash. Simple Sell works independently and is renowned for providing superior cash offers.

In an industry known for its complexities and delays, Simple Sell is making a significant impact by offering a faster, simpler way to sell homes. Based in Jacksonville, Florida, and extending its services across several key U.S. markets like Alabama, Missouri, Georgia, and Kansas, Simple Sell has become synonymous with reliability and superior cash offers, setting a new standard in the cash home buying sector.

Historically, selling a home in the U.S. could take anywhere from 30 to 90 days, often extending due to funding issues, mandatory inspections, and unpredictable buyers. Simple Sell addresses these challenges head-on, providing homeowners with a quick, hassle-free alternative that sidesteps the traditional hurdles of the home selling process.

Simple Sell LLC was founded with the vision of simplifying the home-selling process. Over the years, the company has grown from a local Florida-based operation to a significant player in the national real estate market, maintaining a commitment to integrity and fair dealings in all its transactions.

Founded on the principles of transparency and efficiency, Simple Sell has streamlined the entire sales process.

“Our goal was to craft a method that removes the usual stress from selling your home,” explains a spokesperson from Simple Sell. “With our ‘sell house fast’ approach, we offer fair, all-cash deals and close transactions in as little as 14 days, all without the need for homeowners to manage repairs or renovations. We even handle the cleanup.”

Fast home-selling services help Simple Sell stand out from contemporary alternatives. Transactions typically close within 14 days, which is significantly faster compared to the 30-day industry standard. Simple Sell charges no hidden fees, commissions, or closing costs.

“We buy home “as is”, meaning that you won’t need to worry about any repairs,” the company’s spokesperson added.

The company offers customized solutions, tailoring its offerings to meet diverse homeowner needs, from innovative Subject-To purchases to Seller Finance Purchasing. If Simple Sell isn’t the right fit, the company connects sellers with a trusted investor from its extensive network.

One of Simple Sell’s clients urgently needed to sell her mother-in-law’s home within a week. The team at Simple Sell stepped in, closing the deal swiftly and providing support every step of the way. The client shares, “They were not just buying the house; they were taking care of our family’s needs during a critical time. I knew my mother-in-law was in good hands with Simple Sell.”

Simple Sell invites potential sellers to visit their Offical Website for more information and to view real customer testimonials on their YouTube channel. Both platforms are designed to demonstrate the straightforward, client-focused service Simple Sell is known for.

More information about Simple Sell is available on the company’s official website.

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Company Name: Simple Sell
Contact Person: Luis Rodriguez
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Country: United States
Website: https://simplesellpros.com/

People Counting System Market worth $2.1 Billion by 2029, at a CAGR of 11.6%

“People Counting System Market”

The global People Counting System Market in terms of revenue was estimated to be worth $1.2 billion in 2024 and is poised to reach $2.1 billion by 2029, growing at a CAGR of 11.6% during the forecast period.

The report “People Counting System Market by Type (Unidirectional, Bidirectional), Technology (Infrared Beam, Thermal Imaging, Video-Based), Offering (Hardware, Software), End-use Application & Region( North America, Europe, APAC, ROW) – Global Forecast to 2029” The people counting system market is projected to grow from USD 1.2 billion in 2024 and is expected to reach USD 2.1 billion by 2029, growing at a CAGR of 11.6 % from 2024 to 2029.

Increasing adoption of people counting systems in smart cities for traffic management and infrastructure planning, is driving the market for people counting systems. Smart cities increasingly use people counting systems to track pedestrian flow and traffic patterns. Hence, this data aids in improvement of traffic management, public transportation routes are optimized, and planning for future infrastructure projects are established.

Download PDF Brochure @ https://www.marketsandmarkets.com/pdfdownloadNew.asp?id=206905443

Browse 190 market data Tables and 58 Figures spread through 240 Pages and in-depth TOC on “People Counting System Market”

View detailed Table of Content here – https://www.marketsandmarkets.com/Market-Reports/people-counting-system-market-206905443.html

The transportation segment in the end-use application is expected to witness significant growth rate during the forecast period.

Transport hubs such as bus terminals, airports, and train stations require efficient management of passenger flow. People counting systems help monitor and analyze passenger movement, leading to better scheduling and reduced congestion. These systems help provide accurate counting systems and assist in monitoring crowd levels in real-time, which is critical for maintaining safety and security in transportation facilities. This helps in preventing overcrowding and ensuring swift evacuation during emergency.

Infrared beam technology segment is expected to hold the second largest market share in the people counting system market during the forecast period.

Infrared beam systems are a relatively low-cost solution compared to other technologies like video analytics or thermal imaging. This makes them a cost effective solution for budget-conscious businesses. Moreover, these technologies are simple to install and require minimal maintenance and function well in various lighting conditions and are not affected by rain or dust, unlike some other technologies making them ideal for a variety of applications.

Market for Bidirectional segment is expected to witness larger market size during the forecast period.

The use of bidirectional systems is crucial for optimizing staffing levels and monitoring queues in order to improve the customer experience. They enable businesses to track people’s flow through different areas in order to analyze space utilization. Specifically, the retail sector, in particular, benefits from bidirectional people counting as it helps in evaluating store performance, analyzing conversion rates, planning marketing campaigns and for effective space management and security purposes.

North America is expected to hold the largest market share in People counting system market during the forecast period.

The North American countries are increasingly adopting new technologies, such as IoT and AI in retail stores and transportation which is responsible for the growth of the market in the region. The region has technologically advanced retail stores, shopping malls, supermarkets, stadiums, banks, and other sectors. For instance, Walmart Inc., CSV Health, Lowe’s, Home Depot International, Inc., and The Kroger Co. have a strong presence in North America. Giant retailers, such as Walmart, have approximately 8,200 retail stores in North America

Key Players

Leading players in the people counting system market include Axis Communications AB. (Sweden), Axiomatic Technologies Ltd (UK), DILAX Intelcom GmbH (Germany), Eurotech S.p.A. (Italy), FootfallCam (UK), Hangzhou Hikvision Digital Technology Co., Ltd. (China), HELLA AGLAIA MOBILE VISION GMBH (Germany), IEE Smart Sensing Solutions (Luxembourg), iris-GmbH infrared & intelligent sensors (Germany), Irisys (InfraRed Integrated Systems Ltd) (UK), RETAILNEXT, INC. (US), SensMax (Latvia), Sensormatic Solutions (US), VIVOTEK Inc. (Taiwan), and V-Count (UK). Clever Devices Ltd. (New York), CountWise (US), DELOPT (India), Density (US), Infodev EDI inc. (Canada), Inkryptis AI (India), SenSource (US), Teledyne Technologies Incorporated. (US), Traf-Sys (US), and Xovis AG (Switzerland) are few other key companies operating in the people counting system market.

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A Clear Choice for Austin Bathroom Bliss: GCS Glass Presents Premium Shower Door Upgrades

Austin homeowners can now elevate their daily routines with luxurious shower experiences, thanks to GCS Glass’s premium shower door replacements.

Austin homeowners can now elevate their daily routines with luxurious shower experiences, thanks to GCS Glass’s premium shower door replacements. Recognizing the pivotal role a well-designed shower enclosure plays in creating a serene and functional bathroom, GCS Glass offers a curated collection of premium glass shower door replacements meticulously engineered to complement any design aesthetic.

“At GCS, we’re not just replacing shower doors; we’re elevating the entire bathroom experience,” stated Robert Gomez of GCS Glass. “The clarity and elegance of our premium glass shower doors instantly lighten up the space, creating a sense of openness and serenity. It’s a subtle yet impactful change that can completely transform the way you feel about your bathroom.”

While the allure of a luxurious shower experience is undeniable, many Austin homeowners may wonder if their current shower doors are due for an upgrade. Telltale signs that it’s time for a shower door replacement include visible cracks or chips in the glass, difficulty sliding or opening the door, water leakage onto the bathroom floor, or a dated and worn appearance that detracts from the overall aesthetic. GCS Glass encourages homeowners to assess their current shower enclosures and consider the transformative potential of a new Austin glass shower door replacement. It might be time for them to revitalize the heart of their bathrooms and create a spa-like oasis with a sleek, modern, and functional shower enclosure.

When the time comes to upgrade shower doors, choosing a reliable and experienced company is essential. Improper installation can lead to leaks, structural issues, and a compromised aesthetic, which is why choosing a reputable company for shower door replacements in Austin, TX, is what homeowners should prioritize. GCS Glass, with its team of skilled professionals and dedication to quality workmanship, ensures that every shower door installation is executed flawlessly to ensure peace of mind and a shower enclosure that exceeds expectations.

GCS Glass Austin, TX, has been a trusted name for years, providing exceptional glass solutions for both residential and commercial projects. They strive to build lasting relationships with their clients, understanding that a successful project is not just about the final product but also the journey to get there. With a focus on transparency, communication, and collaboration, GCS Glass ensures that clients are informed and involved every step of the way.

For more information about GCS Glass and their premium shower door replacement services, visit their website at https://gcsglassandmirror.com/locations/austin-tx/ to schedule a consultation and discuss how the company can elevate daily routines and create a spa-like oasis in the heart of any home.

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Company Name: GCS Glass & Mirror – Austin
Contact Person: Chance Forman
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Phone: 512-400-2949
Address:10509 Circle Dr.
City: Austin
State: TX
Country: United States
Website: https://gcsglassandmirror.com/locations/austin-tx/

Suara Adediran Renowned Chemist and Educator Shares Insights in New Online Interview

Suara Adediran, an accomplished scholar, educator, and mentor, was recently spotlighted in an in-depth online interview, offering readers a unique glimpse into his personal and professional life. Adediran, known for his lifelong dedication to chemistry and education, shared insights on productivity, innovation, and mentorship, drawing from decades of experience in academia and research.

Adediran, a Fellow of the Royal Society of Chemistry and former Head of the Department of Chemistry at the University of Ilorin, has published 55 research papers and taught at prestigious institutions across the globe. Currently based in Middletown, Connecticut, he serves as a Senior Research Fellow and Visiting Professor at Wesleyan University, while also teaching at various universities in Connecticut.

In the interview, Adediran highlights the importance of curiosity and strategic thinking in both research and life. “Curiosity drives my productivity,” he says. “I never stop asking questions, even about things I think I already understand. This habit keeps me engaged and evolving.”

He also discusses the importance of mentorship, which has been a cornerstone of his career. “By helping students grow and succeed, I’ve built a strong network of relationships, which has opened doors and opportunities I could not have foreseen.”

Adediran’s passion for interdisciplinary research and his dedication to fostering the next generation of scientists shines through in the interview. His advice for young professionals? “Take your time and enjoy the journey. There is value in slowing down and enjoying each experience.”

To read the full interview, click here.

About Suara Adediran

Suara Adediran is a renowned scholar with a Ph.D. in Chemistry from the University of Ibadan. With over 20 years of experience as a professor and department head, he has made significant contributions to the field of chemistry through his research and mentorship. Adediran is a Fellow of the Royal Society of Chemistry and currently serves as a Senior Research Fellow at Wesleyan University.

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Exclusive Interview with Ms. Zhang Chundong: How Fintech Drives Innovation in Investment Decision-Making

In the wave of financial technology (fintech), Ms. Zhang Chundong has distinguished herself as a leading figure in the industry with her unique insights and exceptional achievements. As the Investment Director at CHENYANG SG PTE. LTD., she has played a pivotal role in integrating fintech with investment strategies, propelling the company’s success in complex market environments. Ms. Zhang Chundong has not only led the application of innovative technologies but also provided scientific support for investment decision-making. Today, we are honored to have Ms. Zhang Chundong with us to discuss how fintech enhances investment decisions and her vision for the future of the industry.

Reporter: Ms. Zhang, thank you very much for taking the time out of your busy schedule to speak with us. As the Investment Director at CHENYANG SG PTE. LTD., you have achieved significant success in driving technological innovation and optimizing investment decisions. Could you please elaborate on how these innovations are implemented within your company?

Zhang Chundong: At CHENYANG SG PTE. LTD., my primary responsibility is to deeply integrate fintech innovations with our investment strategies to optimize decision-making and enhance overall performance. My core tasks involve leading the application of advanced technologies in investment decisions. Two key technologies in this regard are the Cloud Computing-Based Financial Asset Allocation and Trading Decision Platform and the Blockchain-Based Supply Chain Finance Services and Risk Control System. Specifically, I led the development of the cloud-based platform, which can process market data in real time, providing accurate asset allocation recommendations and trading decisions. This significantly improves our responsiveness to market dynamics and decision accuracy. Meanwhile, our blockchain-based system ensures the transparency and traceability of data among supply chain participants, enhancing the authenticity and security of transaction information and automating financing processes through smart contracts, thereby reducing operational costs. These technological innovations have not only optimized our investment strategies and decision-making processes but also greatly enhanced our ability to manage market risks, contributing positively to the company’s performance.

Reporter: I understand that you have also developed other critical technologies, such as the Machine Learning-Based Financial Market Analysis and Intelligent Decision-Making System and the Big Data-Based Financial Market Risk Assessment and Forecasting Technology. How do these technologies specifically improve risk assessment and return forecasting in the investment process?

Zhang Chundong: The application of machine learning and big data technologies is crucial in investment decision-making. Through machine learning algorithms, we can process and analyze vast amounts of data to extract valuable information, including market trends, price patterns, and investment opportunities, enabling precise market forecasting. In terms of risk assessment, big data technology allows us to track market changes in real time and identify potential risks promptly. These systems can adjust investment strategies based on the latest data, ensuring the scientific and timely management of risks. For instance, when the market experiences abnormal fluctuations, machine learning models can quickly adjust forecasts, helping us take appropriate risk control measures. This technology-driven approach significantly enhances the scientific nature and accuracy of decision-making, ensuring investment safety.

Reporter: Given the rapid development of fintech, how do you maintain your sensitivity to new technologies and effectively apply them in actual investments?

Zhang Chundong: Staying attuned to new technologies is key to success in fintech. I regularly follow industry trends and technological developments by attending professional conferences, reading the latest research reports, and studying technical literature. Additionally, I work closely with our technology team, participating in all stages of technology development and application. This deep involvement helps me stay updated with the latest advancements and timely integrate these technologies into our investment practices. For example, while developing the Cloud Computing-Based Financial Asset Allocation and Trading Decision Platform, I worked with the team to analyze the latest cloud computing technologies and incorporated them into our platform design, thereby enhancing system flexibility and scalability. Continuous learning and practical application are crucial for maintaining our competitive edge.

Reporter: Looking ahead, how do you believe fintech will further shape the investment industry? What are your views on future technology trends and industry development?

Zhang Chundong: I am very optimistic about the future development of fintech. Financial technology is profoundly transforming the investment industry, and we will witness the emergence of more innovative technologies in the future. Personalized investment advisors and smart investment platforms will become mainstream, providing tailored recommendations and solutions based on users’ risk preferences and investment goals. Additionally, I believe artificial intelligence and big data technologies will play an even greater role in investment decision-making, making the process more intelligent and data-driven. Meanwhile, blockchain technology will continue to enhance transaction transparency and security. We need to continually explore and adapt to these changes to seize opportunities and achieve sustainable development. The future of fintech is full of possibilities, and I look forward to seeing these technologies drive further innovation and progress in the industry.

Conclusion:

We thank Ms. Zhang Chundong for her insightful interview, which has deepened our understanding of how fintech is applied in the investment field and has heightened our anticipation for the industry’s future. We look forward to seeing Ms. Zhang Chundong continue to achieve outstanding results in integrating fintech with investment strategies and contributing further to the innovation and development of the investment industry. We also hope she will maintain her sensitivity to new technologies and effectively apply them in actual investments, creating even greater value for investors.

(Reporter: Xiao Jun)

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Breaking the Norms and Leading Technology: How Ms. Yuan Hong is Reshaping the Infrastructure Construction Industry

At Beijing Dazheng Mechanical & Electrical Equipment Installation Co., Ltd., General Manager Ms. Yuan Hong has emerged as a leading figure in technological innovation within the infrastructure construction sector. Her career is marked by profound industry insights and a relentless pursuit of technological advancement, positioning her as a trailblazer in infrastructure construction technology. With a solid professional background and extensive practical experience, Ms. Yuan Hong has led her company to achieve significant breakthroughs in major projects, making substantial contributions to the industry’s development.

Ms. Yuan Hong’s career began with a deep passion for the infrastructure sector. Through years of practical experience and a keen understanding of industry trends, she has grown into a leading figure in this field. As the General Manager of Beijing Dazheng Mechanical & Electrical Equipment Installation Co., Ltd., Ms. Yuan Hong not only oversees daily operations but also spearheads the company’s technological innovation strategy. Recognizing the industry’s shift towards technological upgrades and intelligent transformation, she has actively driven the company’s exploration in smart construction and technological advancements.

Under Ms. Yuan Hong’s leadership, Beijing Dazheng Mechanical & Electrical Equipment Installation Co., Ltd. has made notable progress in construction technology innovation. Ms. Yuan Hong has led the development of several cutting-edge technologies, including the Data-Driven Infrastructure Construction Resource Allocation System, BIM-Driven Construction Safety Management and Risk Assessment System, Machine Learning-Based Intelligent Construction Schedule Planning Platform, and IT-based Infrastructure Engineering Whole Life Cycle Management Platform. These technologies not only enhance construction efficiency but also significantly improve project quality. Ms. Yuan Hong has integrated these innovative technologies with traditional construction practices, continuously advancing the overall level and market competitiveness of engineering projects while setting new technological benchmarks for the industry.

For example, the Donggang (Banshengdong) Passenger Station and Urban Square Construction Project required integrating various construction technologies to meet complex design requirements. During the project, the team faced challenges such as limited site space and technical coordination difficulties. Ms. Yuan Hong addressed these challenges by implementing her developed technologies, such as the Data-Driven Infrastructure Construction Resource Allocation System and the BIM-Driven Construction Safety Management and Risk Assessment System. She utilized data analytics to monitor construction progress and equipment status in real-time, optimizing resource allocation and adjusting construction plans based on actual conditions. Additionally, the application of BIM technology supported comprehensive simulation and risk assessment, significantly enhancing construction precision and safety. These technological solutions effectively overcame complex construction environment issues, ensuring the project’s smooth progress.

In addition, Ms. Yuan Hong has demonstrated exceptional construction management capabilities in projects within the new energy sector. For instance, in the Luoyang Gree Electric Appliances Central Air Conditioning Intelligent Manufacturing Base – Photovoltaic Storage and Air Conditioning Integration New Energy Demonstration Project, Ms. Yuan Hong led her team in seamlessly integrating photovoltaic storage technology with central air conditioning systems. Facing complex construction challenges, she applied her developed IT-based Infrastructure Engineering Whole Life Cycle Management Platform and other intelligent construction equipment and efficient resource allocation systems to ensure high-quality standards and timely project completion. Her meticulous attention to detail and continuous push for technological innovation have not only enhanced the company’s market competitiveness in the new energy sector but also set new benchmarks in the infrastructure construction field.

Ms. Yuan Hong’s success is not only reflected in her outstanding project management and innovation but also in her profound impact on the industry’s development. She actively participates in industry associations, contributing to the formulation of industry standards and technological innovations. Her insights and recommendations provide valuable references for industry development and promote healthy growth. Ms. Yuan Hong is also committed to talent development, establishing comprehensive training systems and incentive mechanisms that enhance her team’s professional skills and work enthusiasm, providing strong support for the company’s sustainable growth.

Overall, Ms. Yuan Hong’s remarkable contributions to technological innovation in infrastructure construction have significantly elevated the company’s technological strength and market competitiveness, injecting strong momentum into the industry’s development. As a leading female practitioner, her leadership and technological advancements have revitalized the infrastructure sector and provided valuable references for future projects. Ms. Yuan Hong’s successful practices highlight her exceptional leadership and innovation abilities, setting a benchmark for women in the infrastructure construction sector and inspiring more female professionals to excel in the field.

(Reporter: Zhu Li)

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Drug Screening Market worth $19.5 billion by 2029 | MarketsandMarkets™

“Prominent players offering drug screening products and services include Labcorp (US), Quest Diagnostics (US), Abbott (US), Thermo Fisher Scientific Inc. (US), Alfa Scientific Designs, Inc. (US), OraSure Technologies Inc. (US)”

Browse 740 market data Tables and 62 Figures spread through 504 Pages and in-depth TOC on “Drug Screening Market by Product (Rapid Testing (Urine, Oral), Analytical (Breathalyzer, Immunoassay, Chromatography)), Sample (Urine, Breath, Hair), Drug (Alcohol, Cannabis, Opioids), End User (Workplace, Hospital, Law) – Global Forecast to 2029

Drug Screening Market in terms of revenue was estimated to be worth $9.1 billion in 2024 and is poised to reach $19.5 billion by 2029, growing at a CAGR of 16.6% from 2024 to 2029 according to a new report by MarketsandMarkets™.

Factors such as mounting drug & alcohol consumption, enforcement of stringent laws mandating drug and alcohol testing, increasing government funding in major markets, and rising regulatory approvals and service and product launches are the some of the factors driving the growth of this market.

Download an Illustrative overview: https://www.marketsandmarkets.com/pdfdownloadNew.asp?id=162987773

Services segment is expected to grow at the highest CAGR during the forecast period in 2024.

On the basis of product & service segment, the drug screening market is bifurcated into services and products. In 2023, the services segment accounted for the largest share of the drug screening market. Factors such as rising global drug and alcohol consumption, funding schemes for drug testing laboratories, and rising regulatory approvals for drug products & services, and geographic extensions of drug & alcohol testing laboratories.

Analytical instruments are projected to dominate the drug screening products market in 2023, by product.

On the basis of drug screening product, the drug screening market is bifurcated into analytical instruments, rapid testing devices, and consumables. The analytical instruments are expected to dominate the market in 2023. However, the rapid testing devices segment is expected to register the highest CAGR during the forecast period, owing to its recurring requirement. Analytical instruments for drug screening are further categorized into immunoassay analyzers, chromatography instruments, and breathalyzers. The breathalyzers segment accounted for largest share of the drug screening products market, by analytical instruments.

Urine sample segment is accounted for the largest share of the drug screening market in 2023, by sample type.

On the basis of sample type, drug screening market is bifurcated into urine, breath, oral fluid, hair, and other samples. In 2024, the urine sample segment is expected to account for the largest share of drug screening market. Urine tests are widely adopted in drug screening tests due to their accuracy in detecting multiple drug classes. Urine tests are also cost-effective and showcase instant results.

By region, North America to dominate the market for drug screening in 2024

In 2024, North America is projected to dominate the market followed by Europe. Factors such as the increasing consumption of illicit drugs, the increasing burden of accidents due to alcohol impairment, the availability of government funding to curb drug abuse, laws supporting drug screening, and the existence of key players in the region are factors driving the growth of the drug screening market in this region.

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Drug Screening Market Dynamics:

Drivers:

1. Growing drug and alcohol consumption

Restraints:

1. Ban on alcohol consumption in several Islamic countries

Opportunities:

1. Oral Fluid Testing

Challenge:

1. Accuracy and specificity concerns related to breathalyzers

Key Market Players of Drug Screening Industry:

Prominent players offering drug screening products and services include Labcorp (US), Quest Diagnostics (US), Abbott (US), Thermo Fisher Scientific Inc. (US), Alfa Scientific Designs, Inc. (US), OraSure Technologies Inc. (US), Siemens Healthineers AG (Germany), F. Hoffmann-La Roche Ltd (Switzerland), MPD Inc. (US), Shimadzu Corporation (Japan), Lifeloc Technologies, Inc. (US), Drägerwerk AG & Co. KGaA (Germany), Premier Biotech, Inc. (US), Omega Laboratories, Inc. (US), Psychemedics Corporation (US), Clinical Reference Laboratory, Inc. (US), American Bio Medica Corporation (US), ACM Global Laboratories (US), CareHealth America Corp (US), Sciteck, Inc. (US), Intoximeters, Inc. (US), AccuSourceHR, Inc. (US), Cordant Health Solutions (US), Intoxalock (US), Millennium Health (US).

The primary interviews conducted for this report can be categorized as follows:

By Company Type – Tier 1: 57%, Tier 2: 30%, and Tier 3: 13%
By Designation – C-level: 30%, D-level: 45%, and Others: 25%
By Region – North America: 40%, Europe: 19%, Asia Pacific: 29%, Latin America: 7% and Middle East and Africa: 5%

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Drug Screening Market – Key Benefits of Buying the Report:

The report dives into the global drug screening market, aiming to assess its current size and predict its future growth. It accomplishes this by segmenting the market based on various factors including product type, service type, sample collection method, end user, and geographical location. By understanding these market segments, the report offers insights into the opportunities available for businesses in this field. Additionally, it analyzes the factors that can influence the market’s growth, such as drivers, restraints, and opportunities. It also examines the competitive landscape, providing details on the major players in the market. Lastly, the report forecasts revenue for the market segments across four major regions.

Reasons to Buy the Report:

The report provides insights on the following pointers:

Market Penetration: extensive information on drug screening offered by the top 25 players in the drug screening market. The report analyses the drug screening market by product and service, sample type, drug type, end user, and region.
Analysis of key drivers (increase in drug abuse and alcohol consumption, enforcement of stringent laws,) restrains (ban on alcohol consumption on Islamic states), challenges (false positive and inaccurate results of breathalyzer), opportunities (oral fluid testing and emerging economies) are contributing the growth of the drug screening market.
Market Development: Comprehensive information about economic emerging markets. The report analyses the markets for various drug screening across key geographic regions.
Product Development/Innovation: Detailed insights on upcoming trends, research & development activities, and new product/service launches in the drug screening market.
Market Diversification: Exhaustive information about new products and services, untapped geographies, recent developments, and investments in the drug screening market.
Company profiling: In-depth assessment of company profiling and their market ranking and strategies of the leading players in the drug screening market.

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Chemiluminescence Immunoassay Market worth $19.0 billion by 2028

“The global chemiluminescence immunoassay market in terms of revenue was estimated to be worth $13.2 billion in 2023 and is poised to reach $19.0 billion by 2028, growing at a CAGR of 7.5% from 2023 to 2028”

Browse 181 market data Tables and 52 Figures spread through 283 Pages and in-depth TOC on “Chemiluminescence Immunoassay Market by Product (Instrument, Consumable), Technology (Chemiluminescence Enzyme, Microparticle Chemiluminescence), Sample (Blood, Urine), Application (Infectious Disease, Oncology), End User – Global Forecast to 2028

Chemiluminescence Immunoassay Market in terms of revenue was estimated to be worth $13.2 billion in 2023 and is poised to reach $19.0 billion by 2028, growing at a CAGR of 7.5% from 2023 to 2028 according to a new report by MarketsandMarkets™. Growth in the chemiluminescence immunoassay market is mainly driven by the growing prevalence of chronic diseases, Advancements in improving chemiluminescence immunoassay technologies in recent years, rising demand for point-of-care testing (POCT), growth of biotechnology and biopharmaceutical industries, and a rapid increase in geriatric population globally. In addition, emerging markets such as India and China are expected to offer growth opportunities for players operating in the chemiluminescence immunoassay market during the forecast period. However, the high cost of CLIA systems is restricting the growth of this market.

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In 2022, the consumables segment held the largest share of the chemiluminescence market, by product segment

Based on product, the global chemiluminescence immunoassay market is categorized into consumables and instruments. The repetitive purchase of consumables such as reagents for every test is a major factor driving the growth of the segment. Besides the availability of efficient assays and reagents for diagnostic purposes has propelled its demand among end users.

In 2022, the infectious disease diagnostics segment held the largest share of the chemiluminescence market, by application segment

The chemiluminescence immunoassay market, by application, has been segmented into infectious diseases, endocrinology, oncology, bone & mineral disorders, cardiology, blood screening, autoimmune disorders, allergy diagnostics, toxicology, newborn screening, gastroenterology, neurology, respiratory, therapeutic drug monitoring, metabolic disorders, and other applications. The large share of this segment can be attributed to the development and introduction of advanced assays for the diagnosis of different diseases & conditions, and the increase in the population with infectious diseases.

North America dominates the global chemiluminescence immunoassay market

Based on the region, the chemiluminescence immunoassay market is segmented into North America, Europe, Asia Pacific, and Rest of the world. In 2022, North America accounted for the largest share of the chemiluminescence immunoassay market. The large share of North America in this market can be attributed to the increasing prevalence of infectious diseases and cancer and rising healthcare spending, which is highly developed in the US and Canada.

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Chemiluminescence Immunoassay Market Dynamics:

Drivers:

1. Rising incidence of chronic and infectious diseases across the globe

Restraints:

1. High cost of CLIA related products

Opportunities:

1. Increasing number of collaborations and partnerships in the CLIA market

Challenges:

1. Lack of skilled professionals and aging workforce

Key Market Players:

The major players operating in this market are F. Hoffmann-La Roche Ltd. (Switzerland), Danaher Corporation (US), Siemens Healthineers AG (Germany), DiaSorin S.p.A. (Italy), Abbott Laboratories (US), Shenzhen Mindray Bio-medical Electronics Co., Ltd. (China), Sysmex Corporation (Japan), Diatron (Hungary), Getein Biotech, Inc. (China), Werfen (Spain), QuidelOrtho Corporation (US), EUROIMMUN (Germany), Merck KGaA (Germany), Tosoh Corporation (Japan), Trivitron Healthcare (India), Abnova Corporation (Taiwan), Elabscience (US), Maccura Biotechnology Co., Ltd. (China), Autobio Diagnostics Co., Ltd. (China), Jiangsu Zecen Biotech Co., Ltd (China), Rayto Life and Analytical Sciences Co., Ltd. (China), Daan Gene Co., Ltd. (China), DYNEX TECHNOLOGIES, Inc. (US), Zybio, Inc. (China), Wiener Laboratorios SAIC (Argentina), Tianjin Era Biology Technology Co., Ltd. (China).

Recent Developments:

In May 2023, EUROIMMUN’s parent company PerkinElmer’s life science and diagnostics business segment, has been rebranded as Revvity.
In December 2022, Mindray launched CLIA-based assays, IL-6, PCT, and sCD14-S, which have high sensitivity, a wide linearity range, great precision, and good anti-interference ability.
In December 2022, Sysmex received manufacturing and marketing approval in Japan for the HISCL β-Amyloid 1-42 Assay Kit and the HISCL β-Amyloid 1-40 Assay Kit to measure amyloid beta (Aβ) in the blood.
In November 2022 Getein Biotech, Inc. launched MAGICL 6000, a compact and innovative chemiluminescence immunoassay analyzer used in mid to high-workflow laboratories
In June 2022, QuidelOrtho Corporation was formed through a transaction between Quidel Corporation and Ortho Clinical Diagnostics to form a leading in vitro diagnostics company.

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Chemiluminescence Immunoassay Market Advantages:

Sensitivity and Specificity: Chemiluminescence immunoassays provide high sensitivity and specificity in detecting target molecules. The use of specific antibodies and the amplification of chemiluminescent signals result in low detection limits and minimal interference from background noise, ensuring accurate and reliable results.
Wide Analyte Range: Chemiluminescence immunoassays can detect a diverse range of analytes, including proteins, hormones, tumor markers, infectious agents, and drugs. This versatility allows for comprehensive testing across various applications, including clinical diagnostics, pharmaceutical research, environmental monitoring, and food safety.
Multiplexing Capabilities: Chemiluminescence immunoassays enable multiplexing, the simultaneous detection of multiple analytes in a single assay. This capability is particularly valuable in clinical diagnostics, where it allows for the efficient and cost-effective assessment of multiple biomarkers, aiding in disease diagnosis, prognosis, and treatment monitoring.
Speed and Automation: Chemiluminescence immunoassays offer rapid results due to the short incubation times required for chemiluminescent reactions. Additionally, the integration of automated systems and robotic platforms streamlines the workflow, reducing manual handling and increasing throughput. This combination of speed and automation enhances laboratory efficiency and productivity.
Long-Term Stability: Chemiluminescent reagents used in immunoassays generally exhibit excellent stability, allowing for longer shelf life and consistent performance over time. This stability contributes to cost savings and minimizes the need for frequent reagent replacements.
Point-of-Care Applications: Chemiluminescence immunoassays are well-suited for point-of-care testing due to their rapid turnaround time, ease of use, and portability. This enables healthcare professionals to obtain timely diagnostic information at the patient’s location, leading to improved patient management, treatment decisions, and disease control.
Clinical Significance: Chemiluminescence immunoassays play a crucial role in clinical diagnostics by aiding in the early detection and monitoring of diseases. Their accuracy and reliability support clinicians in making informed decisions regarding patient care, contributing to improved health outcomes.
Research Advancements: In the research field, chemiluminescence immunoassays provide valuable tools for studying biomarkers, elucidating disease mechanisms, and developing new therapeutics. Their high sensitivity and multiplexing capabilities enable researchers to explore complex biological processes, accelerating scientific discoveries and advancements.

Overall, the advantages of the chemiluminescence immunoassay market lie in its sensitivity, specificity, wide analyte range, multiplexing capabilities, speed, automation, stability, point-of-care applications, clinical significance, and impact on research. These advantages position chemiluminescence immunoassays as a prominent technology in diagnostics and research, with the potential to revolutionize healthcare and scientific understanding in the coming years.

High-Throughput Screening Market – Report Objectives:

To provide detailed information about the factors influencing the market growth (such as drivers, restraints, opportunities, and challenges)
To define, describe, segment, and forecast the chemiluminescence immunoassay market by product, technology, sample type, application, end user, and region
To analyze market opportunities for stakeholders and provide details of the competitive landscape for key players
To analyze micromarkets with respect to individual growth trends, prospects, and contributions to the overall chemiluminescence immunoassay market
To forecast the size of the chemiluminescence immunoassay market in four main regions along with their respective key countries, namely, North America, Europe, the Asia Pacific and Rest of the world
To profile key players in the chemiluminescence immunoassay market and comprehensively analyze their core competencies and market shares
To track and analyze competitive developments, such as product launches and approvals; expansions; collaborations, and agreements, & partnerships; of the leading players in the chemiluminescence immunoassay market
To benchmark players within the chemiluminescence immunoassay market using the Competitive Leadership Mapping framework, which analyzes market players on various parameters within the broad categories of business and product strategy

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