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Home › Press Releases
Press Releases
Title | Date |
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Medical Aesthetics Market worth $35.32 billion by 2030The report "Medical Aesthetics Market by Product (Botox, Filler, Peel, Implant, Liposuction, Microneedling, Hair Removal, Laser Resurfacing, RF, Phototherapy), Procedure (Surgical, Nonsurgical), End User (Hospital, Beauty Clinic, Spa), Region - Global Forecast to 2030", is estimated to reach USD 35.32 billion by 2030 from USD 17.16 billion in 2024, at a CAGR of 12.8% during the forecast period. ...... Read More |
December 20, 2024 |
Smoke Evacuation Systems Market worth $266.4 million by 2029The report "Smoke Evacuation Systems Market by Product (Pencils & Wands, Systems (Portable, Stationary), Filter, Accessories), Application (General Surgery, Laproscopic, Orthopedic, Aesthetics), End User (Hospitals, ASC, Dental Clinics) - Global Forecast to 2029", is projected to reach USD 266.4 million by 2029 from USD 187.6 million in 2024, at a CAGR of 7.3% between 2024 and 2029. ...... Read More |
December 20, 2024 |
AI in Oncology Market worth $11.52 billion by 2030The report "AI in Oncology Market by Player Type (Integrated Suite), Application (Drug Discovery, De Novo Drug Design, Diagnosis, Precision Medicine, Genomic), Technology (CNN, NLP), Cancer Type (Lung), End User (Hospitals, Pharma), & Region - Global Forecast to 2030", is expected to reach USD 11.52 billion by 2030, up from USD 2.45 billion in 2024, at a CAGR of 29.4 % from 2024 to 2030. ...... Read More |
December 20, 2024 |
Cancer Vaccines Market worth $20.47 billion by 2032The report "Cancer Vaccines Market by Type (Preventive, Therapeutic [Neoantigen]), Technology (Cell-based Vaccine, Recombinant), Indication (Cervical, Prostate), ROA (Intramuscular, Intravenous), End User (Hospitals, Speciality Clinics) - Global Forecast to 2032", is estimated to expand to a value of USD 20.47 billion by 2032 from USD 10.61 billion in 2024, with a significant CAGR of 8.6%. Some of the prominent factors driving the growth of market are the increase in the awareness and preventive healthcare measures and technological advancements in immunotherapy. Furthermore, rise in the investments into R&D of neoantigen cancer vaccines and an incline in cancer incidence globally are expected to provide lucrative market growth. ...... Read More |
December 19, 2024 |
Interventional Cardiology Devices Market worth $37.27 billion by 2029The report "Interventional Cardiology Devices Market by Type (Stents, Structural Heart Devices, Angioplasty Balloons (Drug-Eluting), Angiography Catheters, Plaque Modification Devices (Thrombectomy Devices), Guidewires, Introducer Sheaths) - Global Forecast to 2029", is projected to reach USD 27.80 billion in 2024 and is projected to reach USD 37.27 billion by 2029, at a CAGR of 6.0% during the forecast period. ...... Read More |
December 19, 2024 |
Artificial Intelligence (AI) in Healthcare Market worth $164.16 billion by 2030The report "Artificial Intelligence (AI) in Healthcare Market by Offering (Integrated), Function (Diagnosis, Genomic, Precision Medicine, Radiation, Immunotherapy, Pharmacy, Supply Chain), Application (Clinical), End User (Hospitals), Region- Global Forecast to 2030", is projected to reach USD 164.16 billion by 2030 from USD 14.92 billion in 2024, at a CAGR of 49.1% during the forecast period. ...... Read More |
December 19, 2024 |
Lab Automation Market worth $7.71 billion by 2029The report "Lab Automation Market by Product (Robotic Arm, Microplate Readers, Workstation, LIMS, ELN), Application (Drug Discovery, Diagnostics, Genomics, Proteomics, Microbiology), End User (Pharma, Diagnolab, Forensics, Environmental) - Global Forecast to 2029", will reach USD 7.71 billion by 2029 from USD 5.85 billion in 2024 and grows at a CAGR of 6.9% in the forecast period. High-throughput screening, which is gaining pace in drug discovery and diagnostics, is the key growth driver for the lab automation market. Automation reduces human error, leading to more consistent and accurate results, making it perfect for clinical and research use. Advancements of robotics, artificial intelligence, and integrating with data capabilities continue the advancements of lab automation systems closer to advanced capabilities. An increase in R&D spending in pharmaceutical industries to speed up drug development demands trends to this necessity. Alongside these, the growing demand for personalized medicine favors fast and accurate diagnosis tools. Government policies and expenditure on healthcare infrastructure in emerging economies will further foster growth in this market. ...... Read More |
December 18, 2024 |
Pharmaceutical Filtration Market worth $20.97 billion by 2029The report "Pharmaceutical Filtration Market by Product (Consumables (Membrane, Depth filter), System (Single use, Reusable)), Technique (Microfiltration, Ultrafiltration), Application (API, Protein, Vaccine), Scale of Operation (Pilot, R&D) - Global Forecast to 2029", is projected to reach USD 20.97 billion by 2029 from USD 13.31 billion in 2024, at a CAGR of 9.5% during the forecast period of 2024 to 2029. Some factors contributing to the growth of the global market include increasing adoption of continuous manufacturing process, increasing purity requirement in pharmaceutical and biotechnology manufacturing, and growing adoption of single-use technologies. Notwithstanding this, technical limitation and high capital investments required for new production facilities are projected to impede market development. ...... Read More |
December 18, 2024 |
Therapeutic Drug Monitoring Market worth $3.44 billion by 2029The report "Therapeutic Drug Monitoring Market by Product (Equipments,Consumables), Technology (Immunoassays), Drug Class (Anti–Epileptic Drugs,Anti–Arrhythmic Drugs), Therapeutic Area (Oncology, Cardiology), Specimen (Blood), End user - Global Forecast to 2029", global Therapeutic Drug Monitoring market is expected to reach USD 3.44 billion by 2029 from USD 2.30 billion in 2024, at a CAGR of 8.4 % during 2022–2029. ...... Read More |
December 17, 2024 |
Eco-Friendly Plasticizers Market worth $7.55 billion by 2030The report "Eco-Friendly Plasticizers Market by Product (Bio-based, Non-phthalate), Application (Packaging, Consumer Goods, Automotive & Transportation, Building & Construction, Textile, Agriculture & Horticulture), and Region - Global Forecast to 2030", is projected to reach USD 7.55 billion by 2030 from USD 5.03 billion in 2024, at a CAGR of 7.0% during the forecast period. Eco-friendly plasticizers are increasing in popularity due to low toxicity and environmental safety and, therefore can be substituted for the traditional plasticizers. These eco-friendly plasticizers have been used to give improvements in the flexibility and resistance qualities of various plastic products without derogating ecological integrity, and they have therefore emerged as an important component in markets such as packaging, automotive, and consumer goods. Growing environmental concerns related to these materials are further adding momentum to the growing adoption of eco-friendly plasticizers in multi-industries. Government interventions and consumer awareness on the environmental aspects of conventional plasticizers will also drive demand growth for the market in the coming times. As companies or industries convert to greener practices, it's going to be expansionary for the eco-friendly plasticizer market with regard to satisfying a more sustainable future. ...... Read More |
December 17, 2024 |
Al in Clinical Trials Market worth $2.74 billion by 2030The report "Al in Clinical Trials Market by Function (Patient Recruitment, Site Optimization, Data Management, Quality, Regulatory), Phase (I, II, III), Indication (Cancer, CNS, CVS), Tool, End-User (Pharma/Biotech, CRO, Hospitals) & Region - Global Forecast to 2030", is projected to reach USD 2.74 billion by 2030 from USD 1.35 billion in 2024, at a CAGR of 12.4 % from 2024 to 2030. ...... Read More |
December 17, 2024 |
Residential Energy Storage Market worth $4.30 billion by 2030According to a research report "Residential Energy Storage Market by Technology (Lithium-Ion, Lead-Acid), Connectivity Type (On-Grid, Off-Grid), Operation Type (Standalone Systems, Solar and Storage Systems), Ownership Type, Power rating and Region - Global Forecast to 2030" published by MarketsandMarkets, Residential Energy Storage market is anticipated to grow from an estimated USD 2.67 billion in 2024 to USD 4.30 billion by 2030, at a CAGR of 8.2% during the forecast period. Rapid developments in battery technologies, especially in lithium-ion systems, have led to cost decline at levels that see energy storage systems increasingly come closer to the residential customer. Improvements in manufacturing processes as well as an economy of scale combined with growing competition in the energy storage industry mainly contributed to the cost decrease. Thus, what is previously too expensive for most consumers was possible for homeowners to invest in and hence more widely adopted. In addition, modern batteries have better energy density, longer lifespans, and more efficiency, pushing their cost-effectiveness toward households in terms of reliable, long-term energy-demand management. This pattern serves to promote a systematic transition toward sustainable energy systems while also promoting the integration of renewable sources, such as solar power, into housing energy frameworks?. ...... Read More |
December 17, 2024 |
Marine Battery Industry worth $1,506.0 million by 2030The report "Marine Battery Market by Type (Lithium, Sodium-ion, Nickel Cadmium, Lead-acid, Fuel-cell), Vessel Type (Commercial, Defense, Unmanned Maritime Vehicles) Function, Capacity, Propulsion, Power, Design, Form, Sales, Regions, Global Forecast to 2030" The Marine Battery Market is estimated to be USD 882.3 million in 2024 and is projected to reach USD 1,506.0 million by 2030 at a CAGR of 9.3% from 2024 to 2030. Marine battery manufacturers focus on developing efficient, durable, and safe energy solutions tailored to withstand harsh marine environments. High energy density, customization for various vessel types, and cost-effective battery designs are some of the factors that are providing growth for the marine battery market. ...... Read More |
December 17, 2024 |
Extended Reality Industry worth $84.86 billion by 2029The report "Extended Reality Market by Augmented Reality (AR), Virtual Reality (VR), Mixed Reality (MR), Head-mounted Displays, Head-up Displays, Sensors, Controllers and Processors, Displays, Gaming, Retail, E-commerce and E-learning - Global Forecast to 2029" The extended reality market is expected to reach USD 84.86 billion by 2029, up from USD 24.42 billion in 2024, at a CAGR of 28.3% from 2024 to 2029. The growth of extended reality technology can be attributed to growing use of extended reality in education, industrial, healthcare, and gaming applications, increasing focus of technology providers on developing affordable VR devices, integration of spatial computing in extended reality applications, and development of GenAI in extended reality applications. Furthermore, the availability of 5G networks coupled with AI-fueled applications of extended reality also aids in the market expansion. ...... Read More |
December 17, 2024 |
AI in Clinical Trials Market worth $2.74 billion by 2030The report "AI in Clinical Trials Market by Function (Patient Recruitment, Site Optimization, Data Management, Quality, Regulatory), Phase (I, II, III), Indication (Cancer, CNS, CVS), Tool, End-User (Pharma/Biotech, CRO, Hospitals) & Region - Global Forecast to 2030", is projected to reach USD 2.74 billion by 2030 from USD 1.35 billion in 2024, at a CAGR of 12.4 % from 2024 to 2030. ...... Read More |
December 17, 2024 |
Spray Pyrolysis Market worth $234.2 million by 2029The report "Spray Pyrolysis Market by Device Type (Ultrasonic Spray Pyrolysis System, High-Throughput Spray Pyrolysis System), Process, Application, End-Use Industry (Energy & Utilities, Electronics & Semiconductors), and Region - Global Forecast to 2029", size is projected to grow from USD 167.3 million in 2024 to USD 234.2 million by 2029, registering a CAGR of 7.0% during the forecast period. The spray pyrolysis market is experiencing significant growth due to increasing demand from various major economies for different applications in different end use industries such as electronics & semiconductors, energy & utoilities and other end use industries as well. Growing economies in Asia Pacific region and government suppport and the need for sustainable practices are driving industries. Additionally, the rapid expansion of solar and battery industry, which require spray pyrolysis system in various applications, is further propelling the market. ...... Read More |
December 16, 2024 |
Pumps Market worth $79.01 billion by 2029According to a research report "Pumps Market by Type (Centrifugal, Rotary, Reciprocating), Operation (Electric, Mechanical), End User (Industrial, Commercial and Residential), and Region - Global Forecast 2029" published by MarketsandMarkets, the global pumps market is highly gaining growth. Estimated to be at USD 61.32 billion in the year 2024, it may reach USD 79.01 billion during 2029 with a robust CAGR of about 5.2% over the projected period. The significant factors driving the global pumps market are rapid industrialization, urbanization, and infrastructure development, especially in emerging markets like Asia-Pacific and the Middle East. The rising demand for water and wastewater treatment, coupled with an increase in the oil & gas, chemical, and energy industries, is further accelerating market growth. Moreover, the adoption of energy-efficient pumps and innovations such as IoT-enabled smart pumps is driving the expansion of the market. Environmentally tight regulations and the demand for environmentally friendly solutions are making industries upgrade their systems to more effective and environment-friendly alternatives. In addition, the emerging high-end pump application needs in agriculture, mining, and other industrial usage are helping market growth. These combine and influence each other to sustain the ongoing evolution of the market. Integrated technology with increased automation elevates efficiency and functionality in pumps across industries. ...... Read More |
December 16, 2024 |
Smart Agriculture Industry worth $23.38 billion by 2029The report "Smart Agriculture Market by Precision Farming, Livestock Monitoring, Precision Aquaculture, On-Cloud, On-Premises, System Integration & Consulting, Harvesting Management, HVAC Management and Water and Fertilizer Management - Global Forecast to 2029" The Smart Agriculture market is expected to reach USD 23.38 billion by 2029, up from USD 14.40 billion in 2024, at a CAGR of 10.2% from 2024 to 2029. The smart agriculture market is rapidly growing, driven by advancements in precision farming, IoT (Internet of Things) devices, AI-based analytics, and robotics. These technologies are being applied across various areas such as precision farming, livestock monitoring, precision aquaculture, and smart greenhouse farming. ...... Read More |
December 16, 2024 |
Modular UPS Market worth $9.52 billion by 2030According to a research report "Modular UPS Market by Technology (Double conversion online UPS, Line Interactive UPS), Phase Type (Three Phase UPS, Single Phase UPS), Voltage (100V-250V, 250-480V, 480-1000V, >1000V), Power Capacity, Form Factor, Battery Type - Global Forecast to 2030" published by MarketsandMarkets, the global modular UPS market will grow from USD 5.44 billion in 2024 to USD 9.52 billion by 2030 at a compounded annual growth rate (CAGR) of 9.8% during the forecast period. The modular UPS market is expanding as organizations seek reliable and scalable power solutions to support essential operations. Modular UPS provides flexible and economical backup power, allowing businesses to grow capacity and perform maintenance without disrupting their workflow. Modular UPS systems are widely used in many industries, such as telecommunications and healthcare. Modular UPS systems provide continuous power for critical operations such as operating data centers and industrial automation systems. Modular UPS systems are energy-efficient and easy to integrate into existing systems. These systems support businesses in functioning effectively, lowering upfront expenses, and minimizing downtime. ...... Read More |
December 16, 2024 |
Vaccine Adjuvants Market worth $0.96 billion by 2029The report "Vaccine Adjuvants Market by Product (Emulsions, Pathogen, Saponin, Particulate), ROA (Subcutaneous, Intramuscular), Disease Type (Infectious, Cancer), Vaccine (Human, Veterinary (Companion, Livestock)), Type (Organic, Inorganic) - Global Forecast to 2029", is estimated to expand to a value of USD 0.96 billion by 2029 from USD 0.70 billion in 2024, growing at a CAGR of 6.5%. Some of the prominent factors driving the growth of the market are increased cases of infectious and non-communicable diseases, large-scale vaccination campaigns by governments and organizations such as WHO and GAVI, and advancements in adjuvant technology. Additionally, rising demand for livestock and aquaculture health, combined with zoonotic disease prevention and increased public & private funding for the development of vaccines, is likely to fuel the market growth in coming years. ...... Read More |
December 16, 2024 |
Ammunition Market Growth in IndiaGrowing focus on Indigenous manufacturing of ammunition to drive market Indigenous manufacturing is poised to be a driving force in the ammunition market in India, offering a range of strategic and economic advantages. The Indian government’s emphasis on self-reliance in defense production, as outlined in initiatives like "Make in India" and "Atmanirbhar Bharat" (self-reliant India), aims to reduce dependency on foreign suppliers and enhance domestic capabilities. The emphasis on indigenous production aligns with the government’s vision to bolster the domestic defense industry, encouraging collaboration between public and private sectors. ...... Read More |
December 13, 2024 |
Ammunition Market Growth in PolandNational Ammunition Reserve program to drive market Poland is initiating a comprehensive program, the National Ammunition Reserve, to bolster its ammunition stockpiles, with a particular focus on large-caliber artillery ammunition. The ongoing hostilities in Ukraine underscore the critical need for substantial ammunition reserves, especially for artillery use. The program, slated to run from 2023 to 2029, aims to diversify and expand the national production base for large-caliber artillery ammunition. Funding will be drawn from sources such as the Polish Development Fund, the Industrial Development Agency, the Government Agency for Strategic Reserves, the Ministry of National Defense, and others. ...... Read More |
December 13, 2024 |
Ammunition Market Growth in UAERise in government contracts for ammunition to drive market The UAE’s growing demand for ammunition is driven by the country’s focus on building stronger military capabilities to ensure stability in a region often affected by geopolitical tensions. The country is modernizing its armed forces and investing in advanced defense systems to maintain a solid defense posture. It’s also working closely with international defense partners while developing its local manufacturing capabilities to reduce reliance on imports. Additionally, the UAE’s active role in regional operations, including efforts to counter terrorism and protect maritime security, highlights the need for a well-equipped military, further driving its demand for ammunition. ...... Read More |
December 13, 2024 |
Engineered Wood Market worth $405 billion by 2030The report "Engineered Wood Market by Type (Structural (CLT, GLULAM, OSB), Non - Structural (Plywood, Fibreboard, Particleboard)), Application (Construction, Furniture, Packaging), End-use Industry (Residential, Non - Residential), and Region (2025-2030)", size is projected to reach USD 405 billion by 2030 from USD 301 Billion in 2024 at a CAGR of 4.9% between 2025 and 2030. One of the largest markets for engineered wood worldwide is the Asia Pacific. The demand for engineered wood is increasing in the construction, and furniture. The demand from developing nations, such as China, India, Brazil, are expected to drive the global engineered wood market. ...... Read More |
December 13, 2024 |
Border Security Market’s growth in AustraliaAn increase in government investments to curb illegal immigration through sea and air drives the market. The Australian border security market is growing due to several reasons. The geographical isolation and vast coastline of Australia make it a strategic point for international trade and travel, which requires enhanced border security. Illegal immigration, human trafficking, and smuggling have been on the rise in Australia, which has compelled its government to enhance border control systems for national security and sovereignty. ...... Read More |
December 13, 2024 |
Lithium Metal Battery Market worth $1,163.6 million by 2030The report "Lithium Metal Battery Market by Type (Solid-State, Titanate, Sulfur, Air, Metal-Polymer), By Operational Type, By Capacity Form, By Application And Region (Asia Pacific, North America, Europe, South America & MEA) - Global Forecast to 2030", size is projected to grow from USD 604.7 million in 2024 to USD 1,163.6 million by 2030, at a CAGR of 17.8% during the forecast period. The markets for lithium metal batteries would capture their growth through the increase in the number of Battery Electric Vehicles (BEVs), plug-in hybrid electric vehicles (PHEVs), hybrid electric vehicles (HEVs), fuel cell electric vehicles (FCEVs), and extended-range electric vehicles (EREVs). Lithium metal batteries shall grow with the visualization towards high adoption of EVs and expansion across different industries such as renewable energy storage and consumer electronics. ...... Read More |
December 13, 2024 |
Sustainable Adhesive Tapes Market worth $4.9 billion by 2030The report "Sustainable Adhesive Tapes Market by Product Type (Paper – based, Bio – Based Plastic, Recyclable Plastic, Other Material Types), Adhesive (Water-Based, Solvent-Free, Hot-Melt, Other Adhesives), Application (Packaging, Construction, Automotive, healthcare, Consumer Goods, Other End-use Industries), and Region (2025-2030)", size is projected to reach USD 4.9 billion by 2030 from USD 3.2 billion in 2024 at a CAGR of 7.5% between 2025 and 2030. The sustainable adhesive tape market is likely to grow significantly as the demands of consumers and legislation push towards more environmentally friendly products. Several industries, such as packaging, automotive, and electronics, are focusing on sustainable adhesives as alternatives to petroleum-based products in their efforts to reduce their environmental footprint. This change is primarily due to the heightened coconscious consumer behaviour and stricter environmental regulations. However, advances in material science are also improving the performance and costs of sustainable adhesives. The other reasons contributing to the moderate growth of the market are consumers' need for recyclable, biodegradable, and non-toxic solutions. ...... Read More |
December 13, 2024 |
Border Security Market Growth in GermanyIncreasing need of advanced systems to manage and control migration. Irregular migration, cross-border crimes, and the threat of terrorism have heightened concerns, leading to increased border security spending. It will keep on growing as Germany enjoys a strategic position in the European map and is recognized for refugees' and migrants' hub positions and has enforced strict measures against them through enhanced surveillance with biometric systems and even border checking with neighboring countries for sometimes. Political pressures from high-rising support for conservative and far-right groups also drive investments in advanced security technology to control unauthorized entries that are operated efficiently. ...... Read More |
December 13, 2024 |
Border Security Market Growth in UAEIncreasing investment in new technologies and an increase in smuggling drive the market. The border security market in the UAE is booming due to its strategic position as a global transit hub and the perception of threat across the region. Technologies advanced, such as AI-driven monitoring, biometric systems, and surveillance solutions, are being used to avoid unauthorized entries, smuggling, and potential security breaches. The UAE will, therefore, strengthen border measures to ensure the safety of goods and people while addressing challenges posed by geopolitical instability and evolving security risks as it becomes a major global logistics and trade center. ...... Read More |
December 13, 2024 |
Catalyst Coated Membrane Market worth $1.07 billion by 2029The report "Catalyst Coated Membrane Market by Type (Proton Exchange Membranes (PEM), Anion Exchange Membranes (AEM), and other types), By Application (automotive, fuel cells, stationary power generation, portable power, and other applications) & Region-Global Forecast to 2029", size is projected to reach USD 1.07 billion by 2029, at a CAGR of 8.0% from USD 0.74 billion in 2024 during the forecast period. ...... Read More |
December 13, 2024 |
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