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Home › Press Releases
Press Releases
Title | Date |
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Minimal Residual Disease Market worth $2.55 billion by 2029The report "Minimal Residual Disease Market by Product (Kits, Instruments), Technology (PCR, NGS), Application (Leukemia, Lymphoma, Multiple Myeloma, Solid Tumors), End User (Hospitals, Diagnostic Labs, Research Institutes), & Region - Global Forecast to 2029", is valued at an estimated USD 1.43 billion in 2024 and is projected to reach USD 2.55 billion by 2029, at a CAGR of 12.2% during the forecast period. ...... Read More |
December 10, 2024 |
Artificial Intelligence (AI) in Medical Diagnostics Market worth $4.72 billion by 2029The report "Artificial Intelligence (AI) in Medical Diagnostics Market by Modality (MRI, CT, X-ray, Ultrasound), Applications (IVD, Radiology, Cardiology, Neurology, Obstetrics/GYN), End User (Hospitals, Imaging Centers, Diagnostic Labs) & Region - Global Forecast to 2029", is expected to grow and achieve a projected market size of USD 4.72 billion by 2029 from USD 1.71 billion in 2024, at a CAGR of 22.5% during the forecast period. ...... Read More |
December 9, 2024 |
IVD Reagents Market worth $87.41 billion by 2029The report "IVD Reagents Market by Type (Antibodies, Nucleic Acid Probes), technology (Hematology), Application (Genetic Testing, Autoimmune disease), Test Type (Laboratory Test, Point-of-care Tests), End User (Hospitals & Clinics) & Region - Global Forecast to 2029", is projected to reach 87.41 billion by 2029 from USD 60.45 billion in 2024, at a CAGR of 7.7% during the forecast period. The market growth is mainly due to growing burden of chronic diseases among aging population. In addition, increasing number of clinical laboratories providing in vitro diagnosis to offer growth opportunities for players operating in the IVD Reagents market during the forecast period. However, the stringent regulatory guidelines is expected to hamper the adoption of these products. ...... Read More |
December 6, 2024 |
Animal Genetics Market worth $4.19 billion by 2029The report "Animal Genetics Market by Animal (Bovine, Porcine), Products & Services (Genetic Materials, Genetic Testing Services), Technology (PCR, NGS, rDNA, Microarray Technology), End User (Animal Farms, Veterinary Hospitals & Clinics) - Global Forecast to 2029", is anticipated to grow at a CAGR of 7.1% and register a growth from USD 2.97 billion in 2024 to USD 4.19 billion by the end of 2029. The growth in the market is mainly driven by advances in genetic technologies as well as distribution systems in the advanced regions of North America and Europe. Demand for livestock-based food products is slowly increasing and further fueling the use of genetically enhanced materials like semen and embryos. The breeding farms along with the animal food industry are taking up this solution to enhance productivity and meet the increasing expectations of the consumer in terms of productivity to produce food efficiently and sustainably. ...... Read More |
December 5, 2024 |
3D Metrology Industry worth $15.01 billion by 2029The report "3D Metrology Market by Coordinate Measuring Machine (CMM), Optical Digitizer and Scanner (ODS), Form Measurement Equipment, X-ray and CT Equipment, Video Measuring Machine (VMM) and 3D Automated Optical Inspection System - Global Forecast to 2029" The global 3D metrology market was estimated to be valued at USD 11.13 billion in 2024 and is projected to reach USD 15.01 billion by 2029; it is expected to register a CAGR of 6.2% during the forecast period. ...... Read More |
December 4, 2024 |
Fragrance Ingredients Market worth $21.94 billion by 2029According to a research report "Fragrance Ingredients Market by Source, (Natural, Synthetic), Ingredient Type (Commodity, Specialty, Proprietary), Application (Personal Care, Household, Cosmetics, Food & Beverage, Industrial), Form (Liquid, Powder), Technology - Global Forecast to 2029" published by MarketsandMarkets, the fragrance ingredients market is estimated at USD 17.11 billion in 2024 and is projected to reach USD 21.94 billion by 2029, at a CAGR of 5.1% from 2024 to 2029. ...... Read More |
December 4, 2024 |
Graphite Market worth $36.40 billion by 2030The report "Graphite Market by Type (Natural, Synthetic), Application (Electrode, Refractory and Foundry, Battery, Friction Products, Lubricants), Purity (High, Low), and Region - Global Forecast to 2030", is projected to grow from USD 15.67 billion in 2024 to USD 36.40 billion by 2030, at a CAGR of 15.1% from 2024 to 2030. Due to the increasing 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) in the market, graphite demand has therefore increased accordingly. Growing adoption of EVs coupled with other industries such as renewable energy storage and consumer electronics means a continuous increase in graphite requirement. ...... Read More |
December 4, 2024 |
Distributed Fiber Optic Sensor Industry worth $2,630.7 million by 2030The report "Distributed Fiber Optic Sensor Market by Fiber Type (Single-Mode, Multimode), Operating Principle (OTDR, OFDR), Scattering Process (Rayleigh, Brillouin, and Raman Scattering Effects), Application (Temperature, Acoustic, Strain) - Global Forecast to 2030" The distributed fiber optic sensor market is projected to grow from USD 1,411.7 million in 2024 and is estimated to reach USD 2,630.7 million by 2030; it is expected to grow at a Compound Annual Growth Rate (CAGR) of 10.9% from 2024 to 2030. The increasing innovation in sensor technologies is enhancing wellbore surveillance, enabling better data accuracy and reliability in energy exploration and production. The rise of smart cities and the widespread adoption of the Internet of Things (IoT) are also pivotal, as they create demand for DFOS in applications ranging from environmental monitoring to perimeter security, further driving market growth. ...... Read More |
December 3, 2024 |
Human Organoids Market worth $2.33 billion by 2029The report "Human Organoids Market by Product (Liver, Kidney, Pancreatic Models (2D, 3D)), Disease Area (Oncology, GI, Neurological Disorders), Application (Drug Toxicity, Personalized Medicine), End User (Pharma & Biotech Companies, CROs) - Global Forecast to 2029", is valued at an estimated USD 1.19 billion in 2024 and is projected to reach USD 2.33 billion by 2029 at a CAGR of 14.4% during the forecast period. ...... Read More |
December 3, 2024 |
Ceramic Sanitary Ware Market worth $45.33 billion by 2029The report "Ceramic Sanitary Ware Market by Type (Toilet Sinks/Water Closets, Washbasin, Urinals), Application (Commercial, Residential), Technology (Slip Casting, Pressure Casting), Distribution Channel (Direct, Indirect), and Region - Global Forecast to 2029", size was USD 34.36 billion in 2024 and is projected to reach USD 45.33 billion by 2029, at a CAGR of 5.7%, between 2024 and 2029. ...... Read More |
December 3, 2024 |
Gas Insulated Switchgear Market worth $33.53 billion by 2029According to a research report "Gas Insulated Switchgear Market by Installation (Indoor, Outdoor), Insulation Type (SF6, SF6 free), Voltage Rating, Configuration ( Hybrid, Isolated Phase, Integrated three phase, Compact GIS), End-User, and Region - Global Forecast to 2029" published by MarketsandMarkets, the global gas-insulated switchgear (GIS) market is expected to grow at a CAGR of 6.1%, by 2024 the value of the GIS market was estimated at around USD 24.93 billion and around USD 33.53 billion by 2029, marking a constant growth. This is attributed to the increase in strength across the power distribution infrastructure to meet the high demand for electricity, in addition to increasing investments into renewables and industrial production. In addition, the rapid growth in the deployment of high-voltage direct current (HVDC) systems will further boost market expansion during this period. ...... Read More |
December 3, 2024 |
AI in Energy Market worth $58.66 billion in 2030According to a research report "Artificial Intelligence in Energy Market by Application (Energy Demand Forecasting, Grid optimization & management, Energy Storage Optimization), End Use (Generation, Transmission, Distribution, Consumption) - Global Forecast to 2030" published by MarketsandMarkets, the AI in energy market is expected to reach USD 8.91 billion by 2024 from USD 58.66 billion in 2030, at a Compound Annual Growth Rate (CAGR) of 36.9 % from 2024–2030. AI can help decarbonize and reduce the energy demands of the construction of buildings themselves. Cement, as the primary building material used today, represents 7-8% of global carbon emissions, according to a report published by the United States Department of Energy. AI can be used to design and optimize low-carbon cement designs, enabling accelerated materials formulation and innovation. AI can also be used to identify efficiencies in building construction. The planning and sequencing steps for building construction is a manual process and can be optimized with AI to unlock process efficiency and reduce waste at construction sites. ...... Read More |
December 3, 2024 |
Aircraft Platforms Industry worth $301.19 billion by 2030The report "Aircraft Platforms Market by Type (Transport Aircraft, Special Missions Aircraft, UAVs), Power Source (Fuel Cell, SAF-Based, Battery-Powered), Propulsion Technology (Turbofan, Turfoprop, Turbojet, Electric) and Region - Global forecast to 2030" The global aircraft platforms market is projected to reach USD 301.19 billion by 2030, from USD 235.24 billion in 2024, at a CAGR of 4.2%. This growth is mainly driven by increased air traffic, higher defense budgets due to geopolitical tensions, advancements in aerospace technology, and evolving UAV and UAM regulations. Key developments focusing on enhancing aircraft efficiency, integrating advanced technologies such as AI, and increasing payload capacities. Additionally, the leading players in this market focus on large R&D expenditures in creating advanced systems to fulfill strategic requirements of all major countries, which also include the North American, European, Asian-Pacific, and Middle East regions. ...... Read More |
December 2, 2024 |
Orthopedic Implants Market worth $26.47 billion by 2029The report "Orthopedic Implants Market by Product (Knee, Hip, Elbow, Ankle, Shoulder, Foot, Wrist), Material (Metals: Stainless Steel, Titanium Alloy, Cobalt Chromium, Nitinol; Polymers, Ceramics, Hybrid), End user (Hospitals, ASCs, Trauma) - Global Forecast to 2029", is estimated to reach USD 26.47 billion in 2029 from USD 20.94 billion in 2024, growing at a CAGR of 4.8% from 2024 to 2029. Growth in the elderly population coupled with increasing orthopedic diseases is expected to drive the market. Rise in the number of primary and revision knee, hip, and reverse shoulder arthroplasty procedures are the major growth drivers in this market. Increase in adoption of minimally invasive surgical techniques, which offers benefits such as reduced postoperative pain, shorter hospital stays, quicker recovery time, and lower risks of complications than open traditional surgery is expected to propel the growth of the market. ...... Read More |
December 2, 2024 |
CAM Software Market worth $5.69 billion by 2030According to a research report "CAM Software Market by Application (Machining & Production (CNC Machining, Sheet Metal Fabrication), Product Design & Prototyping (Additive/3D Printing, Tool & Die Manufacturing), Quality Control & Inspection), 2D, and 3D - Global Forecast to 2030" published by MarketsandMarkets, the global computer-aided manufacturing market will grow from USD 3.39 billion in 2024 to USD 5.69 billion by 2030 at a compounded annual growth rate (CAGR) of 9.0% during the forecast period. The growing investment in digital twin and simulation technologies presents a significant opportunity for the computer-aided manufacturing (CAM) market. Digital twin technology is developing a computerized counterpart of a given object to monitor and analyze the object in real-time for improved decision-making, predictive maintenance, and operational efficiency. This helps minimize expensive mistakes, speeding up time to market with new products, and enhances accuracy in the manufacturing process. With more industries paying attention to making products quickly, significantly minimizing idleness, and improving the quality of the targeted products, the integration of digital twins and simulation technologies in CAM is likely to rise. In addition, the possibility of modeling and simulating different working conditions allows manufacturers to have a better understanding and hence innovate without much trouble, improving the designs and processes as well as managing the supply chain, which is expected to support the growth of the CAM market. ...... Read More |
December 2, 2024 |
AI Infrastructure Industry worth $394.46 billion by 2030According to a research report "AI Infrastructure Market by Offerings (Compute (GPU, CPU, FPGA), Memory (DDR, HBM), Network (NIC/Network Adapters, Interconnect), Storage, Software), Function (Training, Inference), Deployment (On-premises, Cloud, Hybrid) – Global Forecast to 2030" The AI Infrastructure market is expected to grow from USD 135.81 billion in 2024 and is estimated to reach USD 394.46 billion by 2030; it is expected to grow at a Compound Annual Growth Rate (CAGR) of 19.4% from 2024 to 2030. ...... Read More |
December 2, 2024 |
Carbon Nanotubes Market worth $2.63 billion by 2029The report "Carbon Nanotubes Market by Type (Single-walled Carbon nanotubes (SWNT), Multi-walled carbon nanotubes (MWCNT)), Method, End-use Industry (Electronics & Semiconductors, Energy & Storage, Structural Composites Application), and Region - Global Forecast to 2029", exhibits high growth potential and is projected to reach a market size of USD 2.63 billion by 2029 from USD 1.31 billion in 2024, at a CAGR of 14.9%. One of the largest markets for carbon nanotubes (CNT) worldwide is the Asia Pacific area. The demand for CNTs is increasing in the electronics, automotive and healthcare industries. The demand from developing nations, such as China, India, Brazil, and Argentina are expected to drive the global CNTs market. ...... Read More |
December 2, 2024 |
CIP Chemicals Market worth $3.69 billion by 2029The report "CIP Chemicals Market by Chemistry, Process Type (Single-use Cleaning and Recirculated Cleaning), End-use Industry (Chemicals, Food & Beverage, Pharmaceutical & Biotechnology, Cosmetics, Textiles), and Region - Global Forecast to 2029", size is projected to grow from USD 2.40 billion in 2024 to USD 3.69 billion by 2029, registering a CAGR of 9.0% during the forecast period. ...... Read More |
November 29, 2024 |
AI in Precision Medicine Market worth $3.92 billion by 2030The report "AI in Precision Medicine Market by Application (Drug Discovery, Screening, Diagnosis, Stratification, Staging, Prognosis, Therapy Selection, Monitoring, Risk Management), Indication (Cancer, CNS, CVS), Tools (ML, NLP), & End User -Global Forecast to 2030", is projected to reach USD 3.92 billion by 2030 from USD 0.78 billion in 2024, at a CAGR of 30.7% from 2024 to 2030. ...... Read More |
November 29, 2024 |
AI in Sports Market worth $2.61 billion by 2030According to a research report "AI in Sports Market by Solutions (Performance Analytics, Player Monitoring, Broadcast Management), Technology (Generative AI and Other AI), and End User (Sports Associations, Sports Teams) - Global Forecast to 2030", published by MarketsandMarkets, the AI in Sports market is estimated at USD 1.03 billion in 2024 to USD 2.61 billion by 2030 at a compound annual growth rate (CAGR) of 16.7% from 2024 to 2030. AI is revolutionizing the sports industry by enhancing various aspects such as player performance, fan engagement, operations, and decision-making. For instance, AI-driven player analytics are used real-time to prevent injuries, while predictive algorithms help optimize game strategies. Additionally, AI is improving fan experiences through personalized content and interactive features. The market is also evolving with the rise of smart stadiums, automatic content creation, and the integration of augmented and virtual reality. These advancements are transforming the sports sector, opening up new opportunities for growth and greater participation. ...... Read More |
November 28, 2024 |
Precision Nutrition Market worth $12.89 billion by 2029According to a research report "Precision Nutrition Market by Technology (Metabolomics, Genomics, Transcriptomics, Proteomics), Application (Disease Management, General Health & Wellness, Weight Management), Service Type, End-Use, Supplement, and Region - Global Forecast to 2029", published by MarketsandMarkets, the precision nutrition market is estimated at USD 6.09 billion in 2024 and is projected to reach USD 12.89 billion by 2029, at a CAGR of 16.2% from 2024 to 2029. ...... Read More |
November 28, 2024 |
Capnography Equipment Market worth $458.8 Million by 2029The report "Capnography Equipment Market by Product (Equipment: Multiparameter, Standalone, Handheld; Software, Accessory), Technology (Microstream), Application (Cardiac care, Trauma, Emergency, Respiratory), End User (Hospitals, ASC, Home) - Global Forecasts to 2029", is expected to grow from USD 374.2 million in 2024 to USD 458.8 million in 2029, at a CAGR of 4.2% over the forecast period. Factors driving this market are the high demand for patient monitoring systems, awareness regarding the significance of respiratory and circulatory health, and the technological advancements in medical equipment are significant factors to have growth potentials in the market. With the increase in the incidences of chronic respiratory conditions such as COPD and asthma, along with the growing population of aged patients, non-invasive, continuous monitoring has been more emphasized and capnography has become a necessity in both hospital and home care. ...... Read More |
November 28, 2024 |
Flexible Plastic Packaging Market worth $257.58 billion by 2029The report "Flexible Plastic Packaging Market by Packaging Type (Pouche, Rollstock, Bag, Films & Wraps), Material (Plastics, Aluminium Foils), Printing Technology (Flexography, Rotogravure, Digital Printing), Application, and Region - Global Forecast to 2029", is projected to reach USD 257.58 billion by 2029 from USD 207.93 billion in 2024, at a CAGR of 4.4% during the forecast period. Flexible plastic packaging is preferred because it is lightweight, hence lowering the cost of transportation and carbon emissions, while also providing excellent barrier properties that enhance product shelf life. The flexible plastic packaging market is experiencing significant growth due to its versatility and cost-effectiveness across various industries, including food and beverages, pharmaceuticals, and personal care. The packaging industry has become one of the significant sectors for the last couple of decades as transformed by the innovations of modified atmosphere packaging (MAP) and vacuum packaging. These advanced technologies improve shelf life and maintain quality as they also transform the way products are packed. Regulatory pressures are part of the market landscape given that governments today enforce stricter sustainability mandates than before. Companies will focus their efforts on developing mono-material structures, investing in emerging advanced recycling technologies, and upgrading collection systems to face the mounting challenges and opportunities brought by this situation. For this reason, flexible plastic packaging will be expected to continue its growth despite changing demands from consumers and growing concerns over the environment. ...... Read More |
November 28, 2024 |
Smoke Detector Industry worth $3.76 billion in 2029According to a research report "Smoke Detector Market by Detector Type (Photoelectric Smoke Detectors, Ionization, Dual-sensor Smoke Detectors, Aspirating, Duct Smoke Detectors, Beam Detectors), Power Source (Wired Smoke Detectors, Wireless Smoke Detectors) - Global Forecast to 2029" The global smoke detector industry is expected to grow from USD 2.68 billion in 2024 to USD 3.76 billion in 2029, with a CAGR of approximately 7.0%. The main reason for its growth is the increased awareness related to fire safety and enhanced regulations on residential, commercial, and industrial buildings. More frequent occurrences of fire result in upward demand from highly efficient smoke detection systems. This has been further enhanced with smart and IoT-enabled smoke detectors. The technological advancement improves the performance and functionality of the system. Smoke detection solutions are increasingly implemented by industries as building codes change and sustainability initiatives get more attention. ...... Read More |
November 28, 2024 |
AI in Education Market worth $5.82 billion by 2030According to a research report "AI In Education Market by Software Type (Learning Management System (LMS), Adaptive Learning Platform, Chatbot & Virtual Assistant, Plagiarism Detection Tools), Technology, Academic Application (Predictive Analysis, Gamification) - Global Forecast to 2030" published by MarketsandMarkets, the AI in Education market is expected to reach USD 5.82 billion by 2030 from USD 2.21 billion in 2024, at a CAGR of 17.5% during 2024–2030. ...... Read More |
November 27, 2024 |
Automotive Composites Market worth $37.54 billion in 2034The report "Automotive Composites Market by Fiber Type (Glass, Carbon), Resin Type (Thermoset, Thermoplastic), Manufacturing Process (Compression Molding, Injection Molding, Rtm), Application, Vehicle Type, & Region - Global Forecast to 2034", size is expected to reach USD 37.54 billion in 2034 from USD 9.69 billion in 2024, at a CAGR of 14.5% from 2024 to 2034. ...... Read More |
November 27, 2024 |
Automated Guided Vehicle (AGV) Industry worth $3.78 billion in 2029According to the new market research report "Automated Guided Vehicle (AGV) Market by Type (Tow Vehicles, Unit Load Carriers, Pallet Trucks, Assembly Line Vehicles, Forklift Trucks), Navigation Technology (Laser, Magnetic, Inductive, Optical Tape, Vision, Inertial, Beacon) - Global Forecast to 2029" The global automated guided vehicle market is expected to grow from USD 2.56 billion in 2024 to USD 3.78 billion in 2029, with a CAGR of approximately 8.1%. The market's growth is fueled by the increasing shift towards digital transformation and the adoption of automation technologies in diverse sectors. Enhanced safety standards and the need to minimize human errors in material handling are key factors contributing to the rising demand for AGVs. Additionally, the integration of advanced software solutions ensures greater precision and efficiency, further boosting market adoption. AGVs are becoming critical components in streamlining operations and maintaining competitiveness in rapidly evolving industries. ...... Read More |
November 27, 2024 |
Future of EV Manufacturing Market worth 46,315 thousand units by 2035According to a research report "Future of EV Manufacturing Market by Vehicle type (Passenger Cars and Commercial Vehicles), and Region - Global Forecast to 2035" published by MarketsandMarkets, the Future of EV Manufacturing Market size is projected to grow from 15,707 thousand units in 2024 to 46,315 thousand units by 2035, at a CAGR of 10.3%. ...... Read More |
November 27, 2024 |
Dental Soft-Tissue Regeneration Market worth $0.54 billion in 2029The report "Dental Soft-Tissue Regeneration Market by Product Type (Autografts, Synthetic Biomaterials, Collagen-based Membranes), Application (Implantology, Periodontology), End User (Dental Hospitals, DSO's & Independent Clinics), Region - Global Forecast to 2029", is projected to reach USD 0.54 billion in 2029 from USD 0.37 billion in 2024, at a CAGR of 7.8% between 2024 and 2029. ...... Read More |
November 27, 2024 |
Dietary Supplements Market worth $258.75 billion by 2029According to a research report "Dietary Supplements Market by Type (Botanicals, Vitamins, Minerals, Amino Acids, Enzymes, Probiotics), Mode of Application (Tablets, Capsules, Liquid, Powder, Gummies/Chewables), Target Consumer, Function, Region - Global Forecast to 2029" published by MarketsandMarkets, the dietary supplements market is estimated at USD 179.53 billion in 2024 and is projected to reach USD 258.75 billion by 2029, at a CAGR of 7.6% from 2024 to 2029. ...... Read More |
November 26, 2024 |
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