Monday, 25 August 2025

Ethyl Pyruvate Market: Unlocking Potential in Pharmaceuticals, Food, and Research Applications - 2025

Ethyl Pyruvate is a new anti-inflammatory drug used to treat severe inflammatory disorders. In animal models of disease such as pancreatitis, ischemia-reperfusion injury, sepsis, kidney injury, and endotoxemia, CTI-01 displays significant anti-inflammatory and tissue protective effects. The increase in R&D activities to investigate the application of Ethyl pyruvate to treat chronic illnesses in humans is expected to fuel market growth.

Global Ethyl Pyruvate Market size was valued at USD 2.3 billion in 2023 and is poised to grow from USD 2.45 billion in 2024 to USD 4.12 billion by 2032, growing at a CAGR of 6.7% during the forecast period (2025-2032).



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Key Market Drivers

  • Growing Pharmaceutical Applications
    Ethyl pyruvate shows potential in treating conditions like sepsis, ischemia-reperfusion injury, and cancer, driving demand in drug development.
  • Food Industry Demand
    Its role as a flavoring agent and preservative is boosting adoption in the global food and beverage sector.
  • Rise in Biomedical Research
    Increasing use in cell biology, immunology, and metabolic studies highlights its importance as a versatile research reagent.
  • Industrial and Chemical Uses
    Applications in specialty chemicals and other industrial processes are further strengthening market growth.

Market Segmentation

By Application:

·       Pharmaceuticals

·       Food & Beverages

·       Research & Biotechnology

·       Industrial Chemicals

By End-User:

·       Pharmaceutical & Biotech Companies

·       Academic & Research Institutions

·       Food Processing Companies

·       Chemical Manufacturers

By Region:

·       North America

·       Europe

·       Asia-Pacific

·       Latin America

·       Middle East & Africa

Challenges and Opportunities

Challenges:

·       High production costs due to complex synthesis

·       Limited large-scale awareness outside of niche industries

Opportunities:

·       Expansion into drug discovery and regenerative medicine

·       Potential role in anti-aging and wellness products

·       Growth in Asia-Pacific with increased investment in life sciences research

Key Market Players

Some leading players in the ethyl pyruvate market include:

·       Merck KGaA (Germany)

·       Tokyo Chemical Industry Co., Ltd. (Japan)

·       Alfa Aesar (United States)

·       Toronto Research Chemicals Inc. (Canada)

·       Carbosynth Ltd. (United Kingdom)

·       Oakwood Products, Inc. (United States)

·       J&K Scientific Ltd. (China)

·       Spectrum Chemical Mfg. Corp. (United States)

·       Matrix Scientific (United States)

·       Anvia Chemicals LLC (United States)

·       Evans Chem India Pvt. Ltd. (India)

·       B. Enterprises (India)

·       Indian Platinum Private Limited (India)

·       Triown Chemie (India)

·       Joshi Agrochem Pharma Pvt Ltd (India)

·       Arnish Laborates Private Limited (India)

·       Solvchem (India)

·       Ultra Pure Lab Chem Industries LLP (India)

·       Nemi Chemicals (India)

Future Outlook

The ethyl pyruvate market is set to grow steadily as pharmaceutical innovations, food technology, and biomedical research continue to evolve. Its multifunctional properties and expanding applications will cement its role as a vital compound across industries, especially as global investment in drug discovery, food safety, and life sciences research accelerates.

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Friday, 22 August 2025

Insurtech Market: Revolutionizing Insurance Sector - 2025

Growing digital transformation of the financial services industry is slated to be the main catalyst for insurtech demand in the future. Increasing emphasis on digital transformation, growing demand for better insurance services, and rising complexity of regulatory frameworks in insurance are other factors that contribute to global insurtech market growth over the coming years.

Global Insurtech Market size was valued at USD 12.71 billion in 2023 and is poised to grow from USD 19.41 billion in 2024 to USD 573.72 billion by 2032, growing at a CAGR of 52.7% during the forecast period (2025-2032).



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Key Market Drivers

  • Technological Advancements: The adoption of artificial intelligence (AI), machine learning (ML), blockchain, and Internet of Things (IoT) technologies is transforming underwriting, claims processing, and customer engagement. These innovations enhance efficiency, accuracy, and personalization in insurance services .
  • Consumer Demand for Digital Solutions: Modern consumers, particularly younger demographics, seek seamless, user-friendly digital experiences. Insurtech companies are meeting this demand by offering mobile apps, instant policy approvals, and real-time claims processing .
  • Cost Efficiency and Operational Optimization: Automation and data-driven decision-making enable insurers to reduce operational costs, streamline processes, and offer competitive pricing, thereby increasing profitability .

Emerging Trends

  • Usage-Based Insurance (UBI): Leveraging telematics and IoT devices, insurers offer personalized premiums based on individual behavior and usage patterns, promoting safer practices and fair pricing .
  • Blockchain Integration: Blockchain technology enhances security, transparency, and efficiency in insurance transactions, reducing fraud and streamlining claims processing .
  • AI-Driven Underwriting and Claims Processing: AI and ML algorithms analyze vast datasets to assess risks, predict claims, and automate routine tasks, improving accuracy and customer experience .
  • Personalized and On-Demand Insurance: Insurtech enables the development of customized insurance products tailored to specific needs and lifestyles, offering flexibility and convenience to consumers .

Regional Insights

  • North America: Leading the market with a significant share, driven by early adoption of digital technologies and the presence of major insurtech companies .
  • Asia-Pacific: Expected to witness the highest growth rate due to rapid economic development, increasing internet penetration, and supportive government initiatives .
  • Europe: Experiencing significant growth propelled by stringent regulatory requirements and a strong emphasis on customer-centric approaches in the insurance industry .

Key Players

·       Prominent companies in the insurtech market include:

·       Damco Group 

·       DXC Technology Company 

·       Trov, Inc. 

·       Wipro Limited 

·       ZhongAn 

·       TCS 

·       Cognizant 

·       Infosys 

·       Pegasystems 

·       Appian 

·       Mindtree 

·       Prima Solutions 

·       Fineos 

·       Bolt Solutions 

·       Majesco 

·       EIS Group 

·       Oscar Insurance 

·       Quantemplate 

·       Shift Technology 

·       OutSystems

These companies are focusing on technological advancements, strategic partnerships, and expanding their global presence to meet the growing demand for digital insurance solutions.

Future Outlook

The insurtech market is poised for substantial growth, underpinned by continuous technological innovations and changing consumer preferences. As insurers embrace digital transformation, the industry is expected to become more agile, customer-centric, and efficient, reshaping the future of insurance globally.

For a comprehensive analysis, refer to the full report: https://www.skyquestt.com/report/insurtech-market

 

 

Wednesday, 20 August 2025

Navigating the Ultrasound Devices Market: Forecast & Emerging Trends

The ultrasound devices sector is experiencing enormous growth because of higher levels of demand for minimal access diagnostic capabilities and the continuing development of healthcare infrastructure globally. Continued adoption of technology developments (e.g., 3D/4D imaging, AI assistance) is improving imaging responsiveness for decision-making with accuracy and efficiency in diagnostics. The proliferation of chronic diseases and aging demographic worldwide are also contributing to sector growth in ultrasound devices.

Global Ultrasound Devices Market size was valued at USD 10.5 billion in 2023 and is poised to grow from USD 10.97 billion in 2024 to USD 15.6 billion by 2032, growing at a CAGR of 4.5% during the forecast period (2025-2032).



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Ultrasound Devices Market Segments Analysis

Global Ultrasound Devices Market is segmented by Type, Product, Portability, Application, End-use and region.

·       Based on Type, the market is segmented into Stationery Ultrasound and Portable Ultrasound.

·       Based on Product, the market is segmented into Diagnostic Ultrasound Devices and Therapeutic Ultrasound Devices.

·       Based on Portability, the market is segmented into Handheld, Compact and Cart/Trolley.

·       Based on Application, the market is segmented into Cardiology, Obstetrics/Gynaecology, Radiology, Orthopaedic, Anaesthesia, Emergency Medicine, Primary Care, Critical Care and Others.

·       Based on End-use, the market is segmented into Hospitals, Imaging Centres, Research Centres and Others.

·       Based on region, the market is segmented into North America, Europe, Asia Pacific, Latin America and Middle East & Africa.

Regional Highlights & Segment Dynamics

North America currently leads the market, driven by advanced healthcare infrastructure, strong reimbursement mechanisms, and high chronic disease prevalence. Meanwhile, Asia-Pacific is the fastest-growing region, fueled by healthcare investments, rural outreach programs, and rising demand for affordable point-of-care solutions.

Diagnostic devices—notably stationary systems with advanced features like 3D imaging—still capture the majority of revenue. Still, portable units are gaining ground rapidly due to their convenience and lower cost. Handheld, compact, and cart-based systems are increasingly used in emergencies, ambulatory settings, and rural clinics.

Industry Landscape & Innovation Trends

·       GE HealthCare Technologies

·       Siemens Healthineers

·       Philips (Koninklijke Philips NV)

·       Canon Medical Systems Corporation

·       Mindray Medical International

·       Fujifilm Sonosite

·       Hitachi Medical Systems

·       Hologic (Supersonic Imagine)

·       Samsung Medison

·       Esaote SpA

·       Butterfly Network, Inc.

·       Clarius Mobile Health

·       Terason (Teratech Corporation)

Market Challenges

High-end ultrasound systems remain expensive, limiting accessibility in low-resource settings. Additionally, regulatory complexities and reimbursement variability across regions can deter clinical adoption of newer device categories.

Why This Market Matters

  • Healthcare Equipment Providers: Strategic opportunities lie in delivering AI-enhanced, cost-effective portable units tailored to emerging markets.
  • Clinics & Hospitals: Optimizing ultrasound modalities with mobility and AI will enhance diagnostics and patient outcomes.
  • Investors & Market Analysts: The rising adoption of point-of-care systems and therapeutic applications positions the ultrasound market for long-term growth.
  • Health Tech Innovators: Integration of wearable devices with telehealth platforms offers vast potential in redefining chronic care and remote diagnostics.

Explore full report: https://www.skyquestt.com/report/ultrasound-devices-market

 

Breast Implants Market Set for Significant Growth Amid Rising Aesthetic - 2025

The rapid growth of the Breast Implants Market has been driven by the growing demand for improving physical aesthetics. The global healthcare sector has been impacted by the COVID-19 pandemic, while the pandemic had a substantial impact on the medical equipment industry. There was a rapid increase in demand for personal protective equipment and ventilators, whilst on the opposite end, consumption of health devices/products including implants, injectables, stents, & equipment was observably falling.

Global Breast Implants Market size was valued at USD 2.5 billion in 2023 and is poised to grow from USD 2.74 billion in 2024 to USD 5.75 billion by 2032, growing at a CAGR of 9.7% during the forecast period (2025-2032).



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Key Growth Factors:

  • Increasing number of cosmetic surgeries worldwide.
  • Growing acceptance of aesthetic enhancement among younger and middle-aged populations.
  • Rising demand for breast reconstruction after mastectomy.
  • Continuous innovation in implant design and safety.

Breast Implants Market Segments Analysis

Global Breast Implants Market is segmented by Product, Shape, Application, Texture, End-User and region.

·       Based on Product, the market is segmented into Silicone Breast Implants and Saline Breast Implants.

·       Based on Shape, the market is segmented into Round and Anatomical.

·       Based on Application, the market is segmented into Reconstructive Surgery and Cosmetic Surgery.

·       Based on Texture, the market is segmented into Smooth and Textured.

·       Based on End-User, the market is segmented into Hospitals, Cosmetology Clinics and Ambulatory Surgical Centers.

·       Based on region, the market is segmented into North America, Europe, Asia Pacific, Latin America and Middle East & Africa.

Breast Implants Market Regional Insights

North America is dominating with the largest Breast Implants Market share. The dominant position of North America can be explained by the increasing healthcare spending in the U.S. and the demand for cosmetic surgical procedures that in most cases are related to the improvement of a person's esthetic appearance.

The Asia Pacific is poised for substantial growth during the forecast period owing to increasing disposable income in countries such as India, China, which creates a growth opportunity for medical tourism low-cost treatments in the region.

Top Player's Company Profiles

·       Establishment Labs S.A. (Costa Rica)

·       Ideal Implant Inc. (USA)

·       GC Aesthetics plc (Ireland)

·       POLYTECH Health & Aesthetics GmbH (Germany)

·       Laboratoires Arion (France)

·       CEREPLAS (France)

·       Groupe Sebbin SAS (France)

·       HansBiomed Co. Ltd. (South Korea)

·       Silimed Indústria de Implantes Ltda. (Brazil)

·       Eurosilicone S.A.S. (France)

·       Nagor Ltd. (United Kingdom)

·       Shanghai Kangning Medical Device Co. Ltd. (China)

·       Guangzhou Wanhe Plastic Materials Co. Ltd. (China)

·       Technomed India Pvt. Ltd. (India)

·       PMT Corporation (USA)

·       Koken Co. Ltd. (Japan)

·       Trulife (Ireland)

·       BellaSeno GmbH (Germany)

·       CollPlant Biotechnologies Ltd. (Israel)

Recent Developments in Breast Implants Market

·       In August 2023, Collplant and Stratasys collaborated to integrate Collplant’s rhCollagen-based Bioinks with Stratasys P3 technology-based bioprinter. This will help in developing regenerative breast implants.

·       In January 2023, Establishment Labs partnered with Seishin Plastic and Aesthetic Surgery Clinic. The objective of the partnership was to introduce Mia Femtech breast implants in the Japanese market.

·       In October 2022, GC Aesthetics made announcement that CE has given its approval for LUNA xt. This is a micro-textured anatomical breast implant that became the first implant approved under the European Medical Device Regulation.

Explore full report: https://www.skyquestt.com/report/breast-implants-market

The Rising Wave of the Global Hair Brush Market - 2025

Hairbrush demand has risen in response to rising public awareness about hygiene and health care. Hairbrushes come in a variety of shapes and sizes. Among them are paddle, cushion, wet & vented, and round brushes. A hairbrush's bristles are often natural, synthetic, or hybrid. A hairbrush's body is constructed of ceramic materials like tourmaline and porcelain, as well as plastic. Hairbrush demand is predicted to rise as synthetic product prices fall.

Global Hair Brush Market size was valued at USD 4.0 billion in 2023 and is poised to grow from USD 4.28 billion in 2024 to USD 7.35 billion by 2032, growing at a CAGR of 7.0% during the forecast period (2025-2032).



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Driving Forces Behind Market Expansion

  • Self-Care Momentum: Hair brushing has moved beyond being just functional—it’s now part of self-care rituals that provide relaxation and a sense of wellness.
  • Innovation & Tech: Smart brushes with scalp stimulation, anti-static design, and temperature control are reshaping the market.
  • Eco-Conscious Consumers: Sustainable materials like bamboo and recycled plastics are in demand.
  • Influencer Impact: Social media platforms such as TikTok and Instagram are driving trends in hairstyling and premium grooming products.

Hair Brush Market Segments Analysis

Global Hair Brush Market is segmented by Product Type, Application, End User, Distribution Channel and region.

·       Based on Product Type, the market is segmented into Cushion Brush, Paddle Brush, Round Brush, Teasing Brush, Dangling Brush, Natural Bristle, Artificial Bristle Brush and Others.

·       Based on Application, the market is segmented into Personal and Professional.

·       Based on End User, the market is segmented into Children, Adults and Animals.

·       Based on Distribution Channel, the market is segmented into Company Owned Outlets, Supermarkets/Hypermarkets, Online Retail Stores and Others.

·       Based on region, the market is segmented into North America, Europe, Asia Pacific, Latin America and Middle East & Africa.

Top Players in Hair Brush Market

·       Mason Pearson (UK)

·       Kent Brushes (UK)

·       Olivia Garden International, Inc. (USA)

·       Goody Products, Inc. (USA)

·       Spornette International (USA)

·       Wet Brush (USA)

·       Denman International Ltd. (UK)

·       Acca Kappa (Italy)

·       Hercules Sägemann GmbH (Germany)

·       Revlon, Inc. (USA)

·       Conair Corporation (USA)

·       L'Oreal S.A. (France)

·       Bass Brushes (USA)

·       Earth Therapeutics (USA)

·       Cactus Hairbrush (Bulgaria)

·       The Bristle Brush Company (UK)

·       Dishy (Xiamen) Commodity Co. ltd (China)

·       Walmart Inc. (USA)

·       Target Corporation (USA)

Final Thoughts

The hair brush industry is thriving—driven not only by innovation and shifting consumer habits but also by a cultural shift toward self-care and premiumization. From smart diagnostic brushes to eco-friendly bamboo paddles and vintage-inspired boar bristle designs, the future of hair brushing is more dynamic than ever.

Explore the full report: https://www.skyquestt.com/report/hair-brush-market

Monday, 18 August 2025

Water Filter Cartridges Market – Advancing Clean Water Solutions for Households and Industries

The water filter cartridge is a piece of tubular filtration equipment that can be use across various industries for an array of filtration requirements. A water filter cartridge is encasing within a housing or casing and used to remove unwanted particles, pollutants, and chemicals from water. It is used in municipal as well as industrial applications to get clean, ionized, smell, and gas-free water.

Global Water Filter Cartridges Market size was valued at USD 13.33 billion in 2023 and is poised to grow from USD 14.28 billion in 2024 to USD 24.71 billion by 2032, growing at a CAGR of 7.1% during the forecast period (2025-2032). 



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Key Market Drivers

  • Rising Global Concerns over Water Contamination
    Increasing presence of pollutants, heavy metals, and microplastics in water is boosting the use of advanced filtration cartridges.
  • Stricter Regulations on Drinking Water Quality
    Governments and regulatory bodies are enforcing strict standards to ensure safe water access, accelerating market adoption.
  • Industrial & Commercial Expansion
    Sectors such as food & beverage, pharmaceuticals, and chemicals are deploying filtration systems to meet quality and compliance standards.
  • Consumer Shift toward Healthy Living
    Growing awareness about waterborne diseases is driving household adoption of cartridge-based filtration systems.

Market Segmentation

Global Water Filter Cartridges Market is segmented by Filter Type, Application, Distribution Channel and region.

·       Based on Filter Type, the market is segmented into Sediment Filters, Carbon Filters, Ceramic Filters, Reverse Osmosis Membranes and Others.

·       Based on Application, the market is segmented into Residential, Commercial, Industrial and Others.

·       Based on Distribution Channel, the market is segmented into Offline and Online.

·       Based on region, the market is segmented into North America, Europe, Asia Pacific, Latin America and Middle East & Africa. 

Key Market Players

Major companies leading the market include:

·       Graver Technologies (US)

·       Hilliard Corporation (US)

·       Mar-Cor Purification (US)

·       Kitz Microfilter (Japan)

·       Watts (US)

·       Veolia (France)

·       Trislot NV (Belgium)

·       Siga Filtration (United Kingdom)

·       SIEBEC SAS (France)

·       Shanghai Livic Filtration System Co., Ltd. (China)

·       Rototec Spa (Italy)

·       PNR Italia Srl (Italy)

·       Pentair (US)

·       PEMFLOW (US)

·       Merck (Germany)

·       Brita GmbH (Germany)

·       Roberts Filter Group (US)

·       Amway (US)

·       Membrane Solutions (US)

These players are investing in advanced filter technologies, longer lifecycle cartridges, and sustainable solutions to meet growing demand.

Future Outlook

As global water challenges intensify, the water filter cartridges market is poised for significant expansion. Increasing consumer demand for safe drinking water, industrial requirements for compliance, and innovation in eco-friendly filtration solutions will ensure steady growth in the years ahead.

Read the full report here: https://www.skyquestt.com/report/water-filter-cartridges-market

Friday, 8 August 2025

CBD Pouches Market: Growth, Trends & Opportunities - 2025

CBD pouches offer a significant advantage in terms of convenience and discretion. These products are small, portable, and can be used discreetly in almost any setting, without drawing unwanted attention. For instance, CBD pouches are an excellent alternative to smoking, as they do not produce smoke or require any additional equipment, making them an ideal option for people who want to consume CBD while on-the-go or in public spaces.

CBD Pouches Market size was valued at USD 60.29 Million in 2023 and is poised to grow from USD 72.02 Million in 2024 to USD 284.5 Million by 2032, growing at a CAGR of 18.7% during the forecast period (2025-2032).



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Key Growth Drivers

Convenience & Discretion
CBD pouches offer smoke-free, easy-to-use formats with precise dosing. Their portability and discreet nature make them especially appealing to wellness-focused consumers.

Legalization & Regulatory Support
The progressive legalization of CBD across various countries has opened up new markets. Clearer regulations are improving quality control and fostering safer consumer products.

Health & Wellness Trends
The rise in natural and alternative health remedies has increased consumer interest in CBD for its potential benefits in managing stress, anxiety, and inflammation.

Market Segmentation

By CBD Content

  • Pouches with 10–20 mg CBD dominate the market, offering effective, moderate dosing.
  • Pouches with up to 10 mg CBD are gaining popularity, especially among new users seeking lighter effects.

By Flavor & Type

  • Flavored pouches such as mint, citrus, and berry hold a major market share as they enhance the user experience and mask the earthy taste of hemp.
  • Available in formats such as dry, moist, and loose-fill to cater to different preferences.

By Distribution Channel

  • Offline retail, including wellness stores and dispensaries, currently leads the market due to in-person trust and product familiarity.
  • Online sales channels are rapidly growing due to e-commerce convenience and broader accessibility.

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Regional Insights

North America
This region holds the largest market share, supported by the early legalization of CBD and high product awareness.

Europe
Expected to grow rapidly due to evolving legislation and growing acceptance of CBD as a wellness supplement.

Asia-Pacific
Emerging as a promising market with increasing interest in hemp-derived products, particularly in Southeast Asia and Oceania.

Emerging Industry Trends

  1. Flavor Innovation and Functional Ingredients
    Companies are adding adaptogens, herbal extracts, and vitamins to enhance both flavor and wellness appeal.
  2. Sustainable Packaging
    Eco-friendly, recyclable, and biodegradable materials are being used to align with consumer values.
  3. Omni-Channel Strategies
    Brands are combining brick-and-mortar presence with strong online distribution to maximize reach.
  4. Mergers and Strategic Partnerships
    Companies are expanding their portfolios and market presence through acquisitions and collaborative product launches.
  5. Improved Labeling & Testing Standards
    As regulatory bodies tighten oversight, accurate labeling and third-party testing are becoming key differentiators.

Competitive Landscape

Leading companies in the CBD pouches market include:

·       Cannadips (United States)

·       Jake's Mint Chew (United States)

·       Vibe CBD+CBG (United States)

·       FlowBlend (United States)

·       Chill.com (United States)

·       Metolius Hemp Company (United States)

·       Canndid (United Kingdom)

·       Chillbar (United States)

·       V&YOU (United Kingdom)

·       Nicopods ehf. (Iceland)

·       Altria Group, Inc. (United States)

·       British American Tobacco p.l.c. (United Kingdom)

·       Canopy Growth Corporation (Canada)

·       DRYFT Sciences LLC (United States)

·       Fiedler & Lundgren AB (Sweden)

·       General Snus AB (Sweden)

·       GN Tobacco Sweden AB (Sweden)

·       Gotlandssnus AB (Sweden)

·       Imperial Brands PLC (United Kingdom)

·       Japan Tobacco Inc. (Japan)

These players focus on flavor development, regional expansion, and premium product positioning to gain market share.

Market Outlook & Opportunities

The CBD pouches segment is expected to continue gaining traction, offering several key opportunities:

  • Differentiation through wellness-focused formulations
  • Innovation in pouch formats (e.g., dissolvables, oral films)
  • Expansion into new geographies with relaxed CBD laws
  • Building brand loyalty through education and transparency
  • Meeting demand for eco-conscious and vegan products

Explore full report: https://www.skyquestt.com/report/cbd-pouches-market

 

Ethyl Pyruvate Market: Unlocking Potential in Pharmaceuticals, Food, and Research Applications - 2025

Ethyl Pyruvate is a new anti-inflammatory drug used to treat severe inflammatory disorders. In animal models of disease such as pancreatitis...