Tag: growth

 

Global Fitness App Market | Increasing Demand for Wearable Devices to Boost the Market Growth

LONDON–(BUSINESS WIRE)–Oct 27, 2020–

The global fitness app market size is poised to grow by USD 1.68 billion during 2020-2024, progressing at a CAGR of almost 12% throughout the forecast period, according to the latest report by Technavio. The report offers an up-to-date analysis regarding the current market scenario, latest trends and drivers, and the overall market environment. The report also provides the market impact and new opportunities created due to the COVID-19 pandemic. Download a Free Sample of REPORT with COVID-19 Crisis and Recovery Analysis.

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Technavio has announced its latest market research report titled Global Fitness App Market 2020-2024 (Graphic: Business Wire)

The market is witnessing an increase in the demand for wearable devices such as smartwatches, smart bands, and smart rings that have various features such as calling, messaging, and fitness tracking. These devices can be integrated with fitness apps to provide information on heart rate, exercise cognition, and issue movement reminders. To capitalize on the growing popularity of wearable devices, vendors are expanding their product portfolios by launching products equipped with advanced features such as LTE, music storage, built-in GPS, etc. Some vendors are also offering low-cost wearable products that are specifically designed for children. These factors are increasing the adoption of wearable devices, which in turn will positively influence the fitness app market.


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Report Highlights:

  • The major fitness app market growth came from the lifestyle monitoring segment in 2019.
  • APAC was the largest fitness apps market in 2019, and the region will offer several growth opportunities to market vendors during the forecast period. This is attributed to the proliferation of a variety of fitness apps.
  • The global fitness app market is fragmented. adidas AG, ASICS Digital Inc., Azumio Inc., BetterME., FitNow Inc., Google LLC, Nike Inc., Samsung Electronics Co. Ltd., Under Armour Inc., and YAZIO GmbH. are some of the major market participants. To help clients improve their market position, this fitness app market forecast report provides a detailed analysis of the market leaders.
  • As the business impact of COVID-19 spreads, the global fitness app market 2020-2024 is expected to have positive growth. As the pandemic spreads in some regions and plateaus in other regions, we revaluate the impact on businesses and update our report forecasts.


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Proliferation of a Variety of Fitness Apps will be a Key Market Trend

Vendors in the market are introducing various fitness apps for different purposes, workout routines, and exercises. For instance, some vendors are introducing fitness apps specifically for pregnant women, different age groups and gender. These apps enable customers to monitor their health and fitness by analyzing their calorie intake and provide guidance about proper nutrition to help them stay healthy and fit. The

H.K. Eases Some Rules; India Case Growth Slows: Virus Update

(Bloomberg) — Hong Kong will ease some social distancing rules and announced plans for mandatory testing of people with symptoms and specific groups as India’s daily infections fell below 40,000 for the first time in more than three months.

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Eli Lilly & Co. said a U.S.-run clinical trial of its experimental antibody therapy will end while AstraZeneca Plc’s vaccine candidate produced a robust immune response in elderly people. New research from the U.K. suggests antibody responses may diminish over time.

The latest surge in U.S. coronavirus cases sent the S&P 500 Index to its biggest drop in a month. An infection spike that started with younger Americans is now moving to older communities.

Key Developments:

Global Tracker: Cases top 43.4 million; deaths exceed 1.15 millionU.S. ‘surge’ virus testing targets asymptomatic peopleCovid Fear Is Back and Driving Markets Again: John AuthersP&G’s new Lysol competitor wins EPA approval to fight virusAmericans see record flu shot demand in first season with CovidU.S. recovery’s surprise strength linked to aid, quick reopeningVaccine Tracker: Vaccine trials restart, providing hope

Subscribe to a daily update on the virus from Bloomberg’s Prognosis team here. Click CVID on the terminal for global data on coronavirus cases and deaths.



chart, histogram: Seven-day average of U.S. death toll is at 800 again


© Bloomberg
Seven-day average of U.S. death toll is at 800 again

Hong Kong to Relax Some Social Distancing, Bars to Stay Open Later (2:52 p.m. HK)

Hong Kong will allow more people to sit at the same table in bars and restaurants as well as letting them stay open later.

From Friday, restaurants will be allowed to stay open until 2 a.m. with six people permitted at a table, up from four, Secretary for Food and Health Sophia Chan told a briefing on Tuesday. Bars also will be open later with the limit on patrons doubling to four per table.

Hong Kong also eased its rule mandating face masks for people exercising at indoor venues but a four-person limit on public gatherings will stay for another week.

Earlier, Chief Executive Carrie Lam said the city would re-open public beaches as the Asian financial starts legislative work on mandatory Covid-19 testing for specific groups including people with symptoms.

Bulgaria Posts Record High New Cases, Deaths (2:08 p.m. HK)

Bulgaria reported record numbers of new cases, deaths and patients in intensive care, putting fresh pressure on the country’s health-care system.

The Balkan country reported 2,243 daily coronavirus cases, the first time new infections topped 2,000, as well as 42 deaths. The numbers come as Prime Minister Boyko Borissov is recovering at home after testing positive for Covid-19.

Dubai in Talks on London Air-Travel Agreement to Boost Demand (12:15 p.m. HK)

A plan to open up air travel between Dubai and London is ready and could be implemented once approved by the respective governments, according to the head of the emirate’s airport operator.

Testing and quarantine requirements have been agreed by hubs and airlines, Paul Griffiths, chief executive officer of Dubai Airports, said in an interview. Whether they move forward lies

Global Sports Nutrition Market | Expansion of Distribution Channels to Boost the Market Growth

The global sports nutrition market size is poised to grow by USD 8.74 billion during 2020-2024, progressing at a CAGR of almost 8% throughout the forecast period, according to the latest report by Technavio. The report offers an up-to-date analysis regarding the current market scenario, latest trends and drivers, and the overall market environment. The report also provides the market impact and new opportunities created due to the COVID-19 pandemic. Download a Free Sample of REPORT with COVID-19 Crisis and Recovery Analysis.

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Technavio has announced its latest market research report titled Global Sports Nutrition Market 2020-2024 (Graphic: Business Wire)

The sports nutrition market is driven by the expansion of distribution channels. The increase in demand for sports nutrition products has expanded their distribution channels. These products are one of the largest and fastest-growing categories in both retail and online channels. Products are distributed through numerous retail channels, such as large retail and mass merchandisers, supermarkets, hypermarkets, small retail stores, drug and specialty stores, fitness institutions, and various online retailers. Marketing strategies of various retail stores, which are stressing toward pushing quality ingredients and certifications including ELISA testing, gluten-free, or third-party banned substance testing certificates, are fueling the sales of sports supplements in the global market. The online distribution channels of the global sports nutrition market are expected to grow at a rapid pace, and the market will grow swiftly during the forecast period.

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Report Highlights:

  • The major sports nutrition market growth came from the non-protein sports nutrition segment in 2019, and is expected to register the highest growth during the forecast period.

  • North America was the largest sports nutrition market in 2019, and the region will offer several growth opportunities to market vendors during the forecast period. This is attributed to factors such as the growing demand for sports nutrition products, inclination toward healthy eating and RTD, the growing number of health clubs, and the rising demand for meal-replacement powders.

  • The global sports nutrition market is fragmented. Abbott Laboratories, Clif Bar & Co., Glanbia Plc, Klean Athlete, Momentous, MusclePharm Corp., NOW Health Group Inc., PepsiCo Inc., Pro Action srl, and Weider Global Nutrition. are some of the major market participants. To help clients improve their market position, this sports nutrition market forecast report provides a detailed analysis of the market leaders.

  • As the business impact of COVID-19 spreads, the global sports nutrition market 2020-2024 is expected to have positive growth. As the pandemic spreads in some regions and plateaus in other regions, we revaluate the impact on businesses and update our report forecasts.

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Increasing use of innovative ingredients will be a Key Market Trend

The increasing use of innovative ingredients is identified as

Galacto-oligosaccharide Market | Europe to Present Significant Growth Opportunities Through 2024

The global galacto-oligosaccharide market is expected to grow by USD 486.79 million as per Technavio’s market research report. The analysis of the impact of COVID-19 on the market reveals a market slowdown in the first half of 2020,. However, the effect will gradually lessen in the coming quarters. In addition, steady growth is expected to continue throughout the forecast period, and the market is expected to grow at a CAGR of 10%. . Request Free Sample Report on COVID-19 Impacts

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Technavio has announced its latest market research report titled Global Galacto-oligosaccharide Market 2020-2024 (Graphic: Business Wire)

Read the 120-page report with TOC on “Galacto-oligosaccharide Market Analysis Report by Product (Syrup and Powder), Geography (Europe, North America, Asia, and ROW), and the Segment Forecasts, 2020-2024”. https://www.technavio.com/report/galacto-oligosaccharide-market-size-industry-analysis

The market is driven by the health benefits of galacto-oligosaccharides. In addition, the use of nutraceuticals and prebiotics in treating chronic diseases is anticipated to boost the growth of the galacto-oligosaccharide market.

Galacto-oligosaccharides are prebiotics and non-digestible food ingredients. They stimulate the activity of gut bacteria, which improves immunity, enhance the absorption of essential nutrients, and produce powerful antioxidant H2 gas. Galacto-oligosaccharides also inhibit the binding or survival of opportunistic microorganisms, such as Escherichia coli, Salmonella Typhimurium, and Clostridia. They can also influence the immune system by producing antimicrobial substances and inhibit the growth of pathogenic bacteria. Many such health benefits are fueling the growth of the global galacto-oligosaccharide market.

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Major Five Galacto-oligosaccharide Companies:

Clasado Biosciences

Clasado Biosciences operates its business through a unified segment. The company offers Bimuno, which is a daily fiber supplement containing galacto-oligosaccharides, which feeds and stimulates the growth of good bacteria in the gut.

Fonterra Co operative Group Ltd.

Fonterra Co operative Group Ltd. operates its business through segments such as Ingredients, Consumer and foodservice, and China Farms. The company offers NZMP SureStart GOS, which is a prebiotic supplement added to infant formula products to make them closer to the composition of breast milk for mothers who cannot or choose not to breastfeed.

Ingredion Inc.

Ingredion Inc. operates its business through segments such as North America, South America, Asia Pacific, and EMEA. The company offers BIOLIGO GL 5700 IMF. It is a soluble dietary fiber made from lactose in the form of a syrup that contains 57% galacto-oligosaccharide.

Lactose (India) Ltd.

Lactose (India) Ltd. operates its business through a unified segment. The company offers galacto-oligosaccharide produced through the enzymatic conversion of lactose and is available in the powder form.

New Francisco (Yunfu City) Biotechnology Corp. Ltd.

New Francisco (Yunfu City) Biotechnology Corp. Ltd. operates its business through a unified segment. The company offers products such as GOS-270-P, GOS-700-P, and GOS-800-P.

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Galacto-oligosaccharide Market Product Outlook (Revenue,

Global e-Nose Market | Increased Use of e-Nose for Disease Screening to Boost Market Growth

The global e-Nose market size is poised to grow by USD 16.40 million during 2020-2024, progressing at a CAGR of almost 10% throughout the forecast period, according to the latest report by Technavio. The report offers an up-to-date analysis regarding the current market scenario, latest trends and drivers, and the overall market environment. The report also provides the market impact and new opportunities created due to the COVID-19 pandemic. Download a Free Sample of REPORT with COVID-19 Crisis and Recovery Analysis.

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Technavio has announced its latest market research report titled Global e-Nose Market 2020-2024 (Graphic: Business Wire)

The e-Nose market is driven by the increasing use of e-Nose for disease screening. e-Nose is increasingly being used to detect disease as it provides valuable information through the examination of exhaled breath. It provides accurate disease diagnosis based on non-invasive detection methods, which helps to reduce the diagnostic cycle. The increased applications of e-Nose is encouraging several market participants including researchers and vendors to focus on the development of these devices, Moreover, with the increase in aromatherapy for brain disorders and detection of diabetes, throat cancer, lung cancer, and asthma, the adoption of e-Nose devices is expected to increase rapidly during the forecast period.

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Report Highlights:

  • The major e-Nose market growth came from the environmental monitoring segment in 2019, and is expected to witness the fastest growth during the next five years.

  • Europe was the largest e-Nose market in 2019, and the region will offer several growth opportunities to market vendors during the forecast period. This is attributed to factors such as the introduction of regulations and standard developed for the control of odor emission and the rising concerns about waste management.

  • The global e-Nose market is concentrated. AerNos Inc., AIRSENSE Analytics GmbH, Alpha MOS, CHROMATOTEC SARL, Comon Invent BV, Electronic Nose Co. Ltd., Envirosuite Ltd., Sensigent LLC, Stratuscent Inc., and The eNose Co. are some of the major market participants. To help clients improve their market position, this e-Nose market forecast report provides a detailed analysis of the market leaders.

  • As the business impact of COVID-19 spreads, the global e-Nose market 2020-2024 is expected to have negative growth. As the pandemic spreads in some regions and plateaus in other regions, we revaluate the impact on businesses and update our report forecasts.

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Development of e-Nose Chips will be a Key Market Trend

Earlier, e-Nose was primarily used for commercial purposes such as disease screening due to its high cost. However, it is now being integrated into various devices such as smartphones and household applications owing to the development of low-cost e-Nose chips. The e-Nose-enabled smartphone can perform vital functions such as hazard detection by identifying

Coronavirus shifts into growth mode throughout Virginia

If you’re watching the coronavirus pandemic by the numbers for signs of improvement, you could get whiplash from one week to the next.

Coming off a brief period in which no health district was surging in new infections, Virginia’s caseload appeared to be receding while other states across the country were headed down the opposite path.

Now all but the northern part of the state is having an upward trajectory, based on data collected by the Virginia Department of Health. In Hampton Roads, slow growth was happening in Hampton, on the peninsula and in Western Tidewater.

Fresh off his own mild bout of the coronavirus, Gov. Ralph Northam returned to public business last week, with a reminder to Virginians to stay vigilant. At a press briefing Tuesday, he urged residents to continue wearing masks around other people, washing hands and avoiding crowds where people are closer than six feet apart.

“Now is not a time to get complacent,” Northam said.

Public health officials worry that as colder weather takes hold and the days get shorter, outdoor socializing will become more difficult and people will seek activities indoors.

“It’s going to feel hard to keep doing the right things, but I know that we can stay strong and get through this winter, continuing to make the right choices,” he said.

If the current trend continues, it could mean a peak in cases the week before Thanksgiving, according to a new analysis by The University of Virginia Biocomplexity Institute, which is partnering with the health department to offer data-based COVID-19 projections.

But public health experts caution that these predictions are always changing with new information, and even slight differences in people’s behavior could alter the course of the pandemic.

In Hampton Roads, 16 people died last week, a 30% decline from the death tally reported the week prior. Of those fatalities, six were in Virginia Beach; two each were in Norfolk, Hampton and Isle of Wight; and one each was in Portsmouth, Gloucester, Chesapeake and Franklin.

As of Friday, there had been a total of 154,126 confirmed cases in Virginia and 3,408 deaths. Over the previous two weeks, nasal swab tests have come back positive at a rate of 4.8%. About 2.3 million tests have been given statewide.

The United States’ case tally rose to 8 million last week with 217,800 deaths, according to data from Johns Hopkins University School of Medicine. In the world, nearly 1.1 million have died of the virus, and there have been 39 million cases.

The statewide weekly incidence of the virus rose from 9.8 out of 100,000 people to 12 out of 100,000 people, according to Virginia public health officials, though it remains below the national average, which currently sits at 19.6. The incidence rate is a measure of the frequency that a new illness occurs in a community over a period of time.

During the past week, Virginia Beach had the most new cases, with another 269 confirmed positive, according to the state

Sausage Casings Market | Rapidly Proliferating Quick Food Restaurants to Boost Market Growth

The global sausage casings market size is poised to grow by USD 417.63 million during 2020-2024, progressing at a CAGR of almost 3% throughout the forecast period, according to the latest report by Technavio. The report offers an up-to-date analysis regarding the current market scenario, latest trends and drivers, and the overall market environment. The report also provides the market impact and new opportunities created due to the COVID-19 pandemic. Download a Free Sample of REPORT with COVID-19 Crisis and Recovery Analysis.

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Technavio has announced its latest market research report titled Global Sausage Casings Market 2020-2024 (Graphic: Business Wire)

The expanding urban population and changing lifestyles of consumers has increased the preference for fast foods across the world. This has resulted in a rise in the number of quick-service restaurants, including fast-food and fast-casual restaurants. Most of these restaurants use sausages to serve a variety of fast food items such as sandwiches, hot dogs, burgers, and pizzas. Therefore, the proliferation of quick food restaurants will foster the growth of the global sausage casings market during the forecast period.

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Report Highlights:

  • The major sausage casings market growth came from the artificial sausage casings segment. This is due to the various benefits of artificial casings over natural casings such as easy handling, availability in uniform size and shape, resistance to breakage, and others.

  • APAC was the largest market for sausage casings in 2019, and the region will offer several growth opportunities to market vendors during the forecast period. This is attributed to the increasing production and consumption of meat and meat products in the region.

  • The global sausage casings market is fragmented. AGROKOM GROUP LLC, Danish Crown AS, Darling Ingredients Inc., Devro Plc, Kalle GmbH, Shenguan Holdings (Group) Ltd., Viscofan SA, Viskase Companies Inc., ViskoTeepak Holding Ab Ltd., and Weschenfelder Direct Ltd. are some of the major market participants. To help clients improve their market position, this sausage casings market forecast report provides a detailed analysis of the market leaders.

  • As the business impact of COVID-19 spreads, the sausage casings market 2020-2024 is expected to have positive impact. As the pandemic spreads in some regions and plateaus in other regions, we continue to revaluate the impact on businesses and update our report forecasts.

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Increasing household consumption of processed meat will be a key market trend

Increasing urbanization coupled with modern workstyle patterns has reduced the time available for cooking. This has increased the consumption of convenient foods such as processed meat in the form of sausages, which are easy to cook. Also, there is an increased demand for processed food items that are tasty, low-cost, and easy to prepare. All these factors are expected to

Hemoglobin Testing Market | Growing Incidence of Diabetes Worldwide to Boost Market Growth

The global hemoglobin testing market size is poised to grow by USD 612.82 million during 2020-2024, progressing at a CAGR of almost 8% throughout the forecast period, according to the latest report by Technavio. The report offers an up-to-date analysis regarding the current market scenario, latest trends and drivers, and the overall market environment. The report also provides the market impact and new opportunities created due to the COVID-19 pandemic. Download a Free Sample of REPORT with COVID-19 Crisis and Recovery Analysis.

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Technavio has announced its latest market research report titled Global Hemoglobin Testing Market 2020-2024 (Graphic: Business Wire)

Globally, the prevalence of diabetes has significantly increased over the decades. This can be attributed to sedentary lifestyles, obesity, and lack of physical activity. The prevalence of diabetes is growing significantly in countries across the Middle East such as Iran, where around 24% of the people aged over 40 have diabetes. In the UAE, more than 16% of the total population aged 20-79 years had diabetes in 2019. The rising prevalence of diabetes has increased the demand for effective and advanced hemoglobin testing devices to monitor glucose levels, thereby driving the growth of the market.

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Report Highlights:

  • The major hemoglobin testing market growth came from the healthcare centers segment in 2019. This is due to the increasing number of hospitals in developing countries and the growing trend of medical tourism.

  • North America was the largest market for hemoglobin testing in 2019, and the region will offer several growth opportunities to market vendors during the forecast period. This is attributed to the increasing prevalence of obesity and diabetes in the region.

  • The global hemoglobin testing market is fragmented. Abbott Laboratories, ACON Laboratories Inc., Bayer AG, Bio-Rad Laboratories Inc., Danaher Corp., Diazyme Laboratories Inc., EKF Diagnostics Holdings Plc, F. Hoffmann-La Roche Ltd., Siemens AG, and Thermo Fisher Scientific Inc. are some of the major market participants. To help clients improve their market position, this hemoglobin testing market forecast report provides a detailed analysis of the market leaders.

  • As the business impact of COVID-19 spreads, the global hemoglobin testing market 2020-2024 is expected to have neutral growth. As the pandemic spreads in some regions and plateaus in other regions, we revaluate the impact on businesses and update our report forecasts.

Read the full report here: https://www.technavio.com/report/hemoglobin-testing-market-industry-analysis

Growing preference for home care settings will be a Key Market Trend

Over the years, the demand for homecare blood testing devices has increased across the globe. This is because home care testing devices provide faster results and help patients better manage their disease. They also reduce the overall investigation time and the number of visits to hospitals outpatient department and diagnostic laboratories. This has encouraged vendors in the market to offer a wide range of diagnostics devices that are ideal for home use. For instance, PTS

‘Widespread growth’ of coronavirus epidemic as R rate remains as high as 1.5

A person wearing a protective mask walks past a covid warning sign as the spread of the coronavirus disease (COVID-19) continues, in Liverpool, Britain October 15, 2020. REUTERS/Phil Noble
Liverpool became the first city to be graded as Tier 3 – Very High – this week due to the rapid increase in coronavirus infections in the city (REUTERS/Phil Noble)

The reproduction rate of coronavirus in the UK is 1.3 to 1.5, meaning there is still “widespread growth” across the country.

Last week the figure was given as 1.2 to 1.5.

Experts on the government’s Scientific Advisory Group for Emergencies (SAGE) published the latest figures on Friday.

A statement from SAGE said: “It is SAGE’s expert view… that this week’s estimates are reliable, and that there is still widespread growth of the epidemic across the country.

“SAGE is confident that the transmission is not slowing. There is no clear evidence that the epidemic’s trajectory has changed in the past month. 

Rate of coronavirus infection in England as of 16 October (gov.uk)
Rate of coronavirus infection in England as of 16 October (gov.uk)

“While the R value remains above 1.0, infections will continue to grow at an exponential rate. This is currently the case for every region of England and all have positive growth rates, reflecting increases in the number of new infections across the country.”

Watch: Coronavirus: what is the R0 reproduction rate?

The growth rate is between +4% and +7% meaning the number of new infections is growing by 4% to 7% every day, a slight decrease from 4% to 9% last week.

The data comes after a new three-tier system was introduced in England to classify areas according to COVID-19 infection risk.

The Liverpool City region became the first to enter the ‘very high’ Tier 3 band on Wednesday, with local leaders in Manchester becoming embroiled in a bitter battle with government to resist the city and surrounding areas also being upgraded from Tier 2 to Tier 3.

In these areas the R rate has remained at a similar level to the previous week, but the figures for the south west of England are now the highest in the country, with an R rate of 1.3 to 1.6 and a growth rate of 6% to 10%.

Britain's Prime Minister Boris Johnson speaks during a virtual press conference inside 10 Downing Street in central London on October 12, 2020, after announcing a new COVID-19 alert system. - British Prime Minister Boris Johnson on Monday ordered pubs in Liverpool to shut as part of a new strategy to tackle a surge in coronavirus cases, as staff at three field hospitals across the country were told to prepare for a wave of admissions. The northwest English city is the first to be placed at "very high risk" under a new three-tiered system designed to bring order what has become a complex web of local restrictions. (Photo by TOBY MELVILLE / POOL / AFP) (Photo by TOBY MELVILLE/POOL/AFP via Getty Images)
Boris Johnson has insisted that local lockdowns can be effective and will help avoid a second nationwide lockdown (Toby Melville / Pool / AFP via Getty Images)

Boris Johnson has said his “whack-a-mole” strategy of localised lockdowns could help prevent another nationwide lockdown, but scientific advisors to the government have questioned whether the localised tier-system could have come too late.

Scientific advisor Graham Medley, from the London School of Hygiene and Tropical Medicine, said of the likelihood of success of local lockdown measures: “I really hope that they are [successful] but the general feeling is that they might not be, that we might have to have much more of an approach and that this three week delay between the impact of interventions and it affecting hospitalisations means we are already going to be close to where we were in April in two or three weeks time.”

Medley was speaking to BBC Radio 4’s Today programme ahead of an interview with Dominic