Spectrometry Techniques Continuous Innovation To Boost Rapid Growth

According to forecasts, the global spectrometry market will grow from a projected valuation of US$ 7.1 Bn in 2020 to US$ 13.8 Bn by 2028, growing at a CAGR of 6.4%. Because of increased demand from the biotechnology and pharmaceutical industries, the demand for mass spectrometry is expected to rise faster than average over the … Continue reading Spectrometry Techniques Continuous Innovation To Boost Rapid Growth

Silicon-based Integrated Passive Devices Will Dominate Global Share with CAGR of 10.3%

During the years 2022–2032, the market for integrated passive devices is expected to grow at a CAGR of 10.3%. According to estimates, the market for integrated passive devices would grow from US$ 1.1 billion in 2021 to US$ 3.23 billion by 2032. Integrated Passive Devices industry study identifies the top competitors on the domestic and … Continue reading Silicon-based Integrated Passive Devices Will Dominate Global Share with CAGR of 10.3%

Reprocessed Medical Devices Sales to Reach USD 5.9 Billion by 2028; Cardiovascular Devices to Dominate the Industry

From 2021 to 2028, consumption of recycled medical devices will increase at a remarkable CAGR of 14.9%. The market for reprocessed medical devices was valued at US$ 2.05 billion in 2020, and by the end of 2028, it is predicted to grow to US$ 5.9 billion. As healthcare organisations fight to control high expenses and … Continue reading Reprocessed Medical Devices Sales to Reach USD 5.9 Billion by 2028; Cardiovascular Devices to Dominate the Industry

Preventive Healthcare Technologies and Services Demand Growing at a CAGR of 13%; Rising Focus on Healthcare Promotes Adoption

From 2021 to 2028, the market for preventive healthcare technologies and services is anticipated to soar at an astounding CAGR of 13%. Revenue from preventative healthcare technology and services was US$ 217.1 million in 2020; by the end of 2028, it is expected to be US$ 557.5 million. The prevalence of chronic diseases has significantly … Continue reading Preventive Healthcare Technologies and Services Demand Growing at a CAGR of 13%; Rising Focus on Healthcare Promotes Adoption

Endoscopy Devices Demand Expects a 10.0% CAGR Growth by 2032; Endoscopy Visualization Systems to Dominate Industry

In 2021, the market for endoscopy devices had global sales of $44.8 billion. The estimated market growth between 2022 and 2032 is anticipated to be 9.0%, which is much larger than the increase in the past. The greatest revenue-generating segment is anticipated to be gastrointestinal (GI) endoscopy, with a predicted CAGR of 10.0% from 2022 … Continue reading Endoscopy Devices Demand Expects a 10.0% CAGR Growth by 2032; Endoscopy Visualization Systems to Dominate Industry

Shoulder Arthroplasty Surgeries Rising Number Drives the Demand by 2033

The market for shoulder arthroplasty, which was valued at US$ 1.57 billion in 2023 and is anticipated to reach US$ 2.32 billion by the year 2033, is expected to grow at a CAGR of 4%. The shoulder arthroplasty is divided into three categories based on the procedure: partial shoulder arthroplasty, complete shoulder arthroplasty, and revision … Continue reading Shoulder Arthroplasty Surgeries Rising Number Drives the Demand by 2033

Demand for post-stroke processing software is projected to grow at a CAGR of 8.9% by 2032

As of 2021, revenues from the market for post-stroke treatment software totaled US$141 million. The industry is likely to experience a 26% year-on-year expansion in 2022, reaching US$178 million. Globally, the market is projected to reach USD 417.53 million by 2032, growing at a CAGR of 8.9%. Artificial intelligence and other technological advances are becoming more prevalent … Continue reading Demand for post-stroke processing software is projected to grow at a CAGR of 8.9% by 2032

Demand for incubators is expected to grow at a CAGR of 6% by 2032

Eggs are a fairly inexpensive source of protein when compared to meat options. The heart-healthy unsaturated fats in eggs are rich in vitamins B12, B6 and vitamin D. This shift in consumer preferences is expected to drive the demand for eggs during the forecast period, which is likely to boost demand for egg incubators as well. … Continue reading Demand for incubators is expected to grow at a CAGR of 6% by 2032

Industrial salt revenue expected to reach USD 20.3 billion valuation by end of 2031

The industrial salt market will reach USD 13.1 billion in 2020, accounting for about 45% of the global salt market revenue share. Due to multiple end uses, the demand for industrial salt is projected to grow at a CAGR of around 4% by 2031. The market growth is mainly due to increasing industrial salt applications in … Continue reading Industrial salt revenue expected to reach USD 20.3 billion valuation by end of 2031

Tractor sales are projected to reach US$192 billion by 2032

Tractor sales are expected to reach US$192 billion by 2032, accelerating at a steady CAGR of 3.4%. The agricultural equipment market was valued at US$190 billion in 2021, while the tractor market was valued at US$133 billion in 2021, with a total global market holding of 43%. Global demand for tractors is expected to continue at … Continue reading Tractor sales are projected to reach US$192 billion by 2032