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The global Hi-Tech Medical Devices Market is experiencing significant growth driven by technological advancements, changing consumer preferences, and a focus on sustainability. Key objectives include forecasting market size across regions, analyzing growth factors, and identifying opportunities for stakeholders. Major players in the market include Medtronic, Abbott Laboratories, and Johnson & Johnson, with a comprehensive analysis of competitive dynamics and market trends provided in the research report.
The global Healthcare Fabrics Market is experiencing significant growth driven by changing consumer preferences, technological advancements, and a focus on sustainability. Key objectives include forecasting market size across regions, analyzing growth factors, and identifying opportunities for stakeholders. Major players in the market include Kimberly-Clark Corporation, DuPont, and Medline Industries, with applications spanning hygiene products, clothing, and upholstery.
EML Payments has faced significant challenges, particularly with its Irish operations, resulting in a $120 million loss in 2023. Despite a recent quarter showing stabilisation with underlying earnings of $11.6 million, the company operates in a competitive prepaid and gift card sector with inconsistent profitability. While a 25% stock surge post-revenue announcement suggests potential, experts advise caution due to the crowded market and the rarity of successful turnarounds.
At RSNA 2024 in Chicago, Philips will unveil innovations aimed at enhancing sustainable healthcare, including a helium-free MRI portfolio that has saved over 2.75 million liters of helium since 2018. The company emphasizes the importance of reducing environmental impact, with 99% of APAC healthcare leaders prioritizing sustainability initiatives. Philips' solutions focus on improving patient care while minimizing emissions through advanced technologies and collaborative strategies.
Innovators are advancing EV battery recycling and second-life applications, with companies like RecycLiCo and Green Science Alliance leading the charge. RecycLiCo's process transforms spent batteries into black mass, recovering valuable materials for new batteries, while GSA's breakthrough allows black mass to be used directly as cathode material, significantly reducing costs and environmental impact. As the demand for sustainable solutions grows, these developments promise to reshape the EV battery supply chain.
Meta, TikTok, and Google have criticized Australia's proposed legislation that would ban children under 16 from accessing social media platforms, even with parental consent. The law would hold these companies accountable for enforcing the ban, with fines reaching up to A$50 million ($32.5 million) for non-compliance.
Australia's CPI and China's PMI are in focus as the AUD/USD gains support amid a softer US dollar. The US Dollar Index may face a corrective move lower, while Brent crude stabilizes amid geopolitical tensions. The ASX 200 is testing upper channel resistance, and the Russell 2000 is retesting multi-year highs, supported by favorable seasonality for small-caps.
Asian stocks are set to build on Monday's gains following Donald Trump's selection of Scott Bessent as Treasury Secretary, which has boosted US bonds and shares. Australian shares rose, while futures indicate advances in Japan and Hong Kong, as the dollar experienced its largest decline in over two weeks. Meanwhile, Bitcoin's recent surge toward $100,000 has stalled just below that milestone.
UBS is re-entering the wealth management sector in Australia, focusing on the increasing number of affluent women and family offices, as part of its Asia-Pacific expansion strategy. Meanwhile, Australia faces a significant shakeup in the gas-guzzler market with the introduction of new hybrid models, and the budget deficit is projected to exceed previous forecasts, reaching A$33.5 billion by mid-2025. Additionally, New Zealand's central bank is expected to cut interest rates again, reflecting aggressive monetary policy shifts in the region.
UBS Group AG is re-entering the Australian wealth management market, targeting the growing number of wealthy women and family offices. Following its acquisition of Credit Suisse, UBS aims to expand its high net worth assets, currently over $30 billion, amidst increasing competition from firms like Morgan Stanley. The firm has noted a significant rise in female millionaires and a fivefold increase in requests from the not-for-profit sector, highlighting a shift in investment strategies towards private equity and sustainable assets.
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hi-tech medical devices market poised for growth driven by innovation and sustainability
Medtronic
Johnson & Johnson
Philips Healthcare
Siemens Healthineers AG
Baxter International Inc.
Abbott Laboratories
Edwards Lifesciences Corporation
Hologic, Inc.
DexCom, Inc.
Fresenius Medical Care AG
Thermo Fisher Scientific Inc.
Becton, Dickinson and Company
Varian Medical Systems
Boston Scientific Corporation
Zimmer Biomet Holdings, Inc.
Intuitive Surgical, Inc.
Illumina, Inc.
St. Jude Medical, Atrial Fibrillation Division Inc.
Stryker Corporation
GE HealthCare Technologies Inc.
USA
DEU
ITA
MEX
ARG
AUS
ZAF
IND
SAU
RUS
JPN
KOR
BRA
CAN
ARE
ESP
CHN
Brian Johnson
Jeff Stryker
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05:10 26.11.2024
global healthcare fabrics market poised for growth driven by innovation and sustainability
Ahlstrom-Munksjö Oyj
Medline Industries Inc.
Freudenberg Performance Materials SE & Co. KG
Berry Global Inc.
Kimberly-Clark Corporation
Milliken & Company
DuPont de Nemours, Inc.
W.L. Gore & Associates, Inc.
USA
DEU
ITA
ARG
AUS
ZAF
IND
SAU
ESP
RUS
CHN
ARE
JPN
KOR
BRA
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05:07 26.11.2024
eml payments faces challenges amid cautious optimism in competitive sector
04:10 26.11.2024
Philips highlights APAC leadership in sustainable healthcare at RSNA 2024
03:21 26.11.2024
innovative solutions for recycling and extending the life of ev batteries
Element Energy
Mercedes-Benz Group AG
AUS
JPN
CAN
KOR
USA
IND
CHE
CHN
TWN
Ryohei Mori
Jo Borras
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00:55 26.11.2024
tech giants oppose australia's social media ban for under 16s
00:23 26.11.2024
Market Insights: Australian CPI and China's PMI Impact on Currency Trends
23:40 25.11.2024
Asian markets rise as US bonds rally on Bessent appointment
23:35 25.11.2024
ubs targets wealthy women in australia with wealth management return
Australian Dollar
United States Dollar
Deloitte Access Economics
BYD
Peabody Energy Corporation
Anglo American plc
Reserve Bank
UBS
Adani Group
TotalEnergies SE
NZL
AUS
LBN
IND
CHN
ISR
Gautam Adani
Michael Marrone
Scott Bessent
Michael Herzog
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22:39 25.11.2024
ubs targets wealthy women in australia with renewed wealth management strategy
Australian Dollar
United States Dollar
UBS Group AG
Morgan Stanley
Credit Suisse
HKG
CHE
AUS
IND
Michael Marrone
Kubra Khan
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21:00 25.11.2024
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