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GE Healthcare (United States) and Philips Healthcare (Netherlands) are Leading Players in the Refurbished Medical Equipment Market

The Refurbished medical equipment market is projected to reach USD 24.41 Billion by 2029 from USD 16.93 Billion in 2024, growing at a CAGR of 7.6 % during the forecast period. There are several important arguments supporting the increase of this refurbished medical equipment market. These include among others; it has become a low-cost substitute for healthcare providers; a pressure to cut healthcare costs; a number of developed areas such as the US and Europe usually have large amounts of surplus equipment which can be refurbished and sold in the marketplace; and finally, refurbishment complements eco-friendly practices since the amount of e-waste is greatly reduced. On the other hand, perception of quality, limited availability of spare parts, and ethical and liability concerns are some of the limitations that restrain this market.

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December 27, 2024

NanoString Technologies Inc. (US) and Bio-Rad Laboratories, Inc. (US) are Leading Players in the Spatial Genomics & Transcriptomics Market

The global spatial genomics and transcriptomics market is expected to reach USD 995.7 million in 2029 from USD 554.5 million in 2024, at a CAGR of 12.4% during the forecast period. The main factors behind the expansion of this market are increasing development in the area such as neurodegenerative diseases and cancer. Along with this, launch of several advanced products are contributing towards the growth of the market. On the other hand, need of high initial investments, and dearth of skilled professionals are some factors limiting the market growth.

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December 27, 2024

UnitedHealth Group (US) and Koninklijke Philips N.V. (Netherlands) are Leading Players in the Clinical Informatics Market

The clinical informatics market is projected to reach USD 563.18 billion by 2030 from USD 231.45 billion in 2024, at a high CAGR of 16.0% during the forecast period. Increasing government support for adopting automation in healthcare and growing telehealth & remote patient monitoring are the main reasons for the growth of this market. As in the covid-19 pandemic healthcare providers needed to maintain social distancing measures with patients, technologies like remote patient monitoring which allow healthcare providers to track patient’s health from a distance, became crucial during this time. Moreover, increasing adoption of Electronic Health records (EHR) and growing pressure to reduce healthcare spending have pushed the demand for clinical informatics solutions.

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December 27, 2024

Market Leadership - Nailing Systems Market

The Nailing systems market is expected to grow at a compound annual growth rate (CAGR) of 5.3% from its estimated USD 427.7 million in 2024 to USD 553.2 million by 2029. The growing geriatric population and increasing number of facture cases are the main factors propelling the growth of the Nailing systems market. While the growth of adoption of infection prevention and antimicrobial coated intramedullary nailing system is an upcoming trend in the nailing systems market.

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December 26, 2024

Danaher Corporation (US) and Merck KGaA (Germany) are Leading Players in the Cell Therapy Technologies Market

The global cell therapy technologies market is anticipated to reach USD 6.80 billion in 2029 from USD 4.03 billion in 2024, with a significant CAGR of 11.0%. Major growth drivers of the market are an increase in funding and investments in cell therapy, advancements in gene editing technologies, technologically advanced automated cell processing systems, and regulatory support for accelerating therapies.

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December 26, 2024

IDEXX (US) and Zoetis Services LLC (US) are Leading Players in the Companion Animal Diagnostics Market

The companion animal diagnostics market is projected to reach USD 4.55 billion by 2029 from USD 2.99 billion in 2024 at a CAGR of 8.8% during the forecast period. The increasing trend of pet ownership in developed regions such as North America and Europe has made the demand for companion animal diagnostics. Pets have been integrated into families as family members, creating emotional bonding that makes owners willing to spend on their health care. This change in perspective has led to a shift in spending on veterinary care, preventive treatments, and advanced diagnostics. There is an echo in the interest in pet health with human healthcare trends: the constant check-ups and vaccinations, the wellness plans, all part of keeping their companions living healthier, longer lives. With pets being considered part of the family, the need for high-tech diagnostics, including blood tests, imaging scans, and genetic screening, has grown sharply. This is also matched by the growth of veterinary clinics and hospitals that provide high-quality services. This growing bond fosters further developments and progress in the animal companion health care industry of the whole world. Advanced diagnostic tests, including molecular diagnostics, often incur a cost that limits access for pet owners, especially in low-income regions. This may restrain market growth.

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December 26, 2024

Piezoelectric Devices Companies -CeramTec GmbH (Germany) and CTS Corporation (US) are the Key Players

The global piezoelectric devices market is expected to grow from USD 35.59 billion in 2024 to USD 55.49 billion by 2030 at a CAGR of 7.7% during the estimated period 2024-2030. The major factors driving the market growth of the piezoelectric devices is the increasing demand for polymer-based piezoelectric sensors and films in aerospace and other industries.

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December 24, 2024

Top Companies in Property Management Industry - Appfolio (US) and Yardi (US)

The worldwide property management market is expected to grow at a compound annual growth rate of 8.3% until 2030, reaching USD 42.78 billion, up from an estimated USD 26.49 billion in 2024. Key factors driving market growth include the growing preference for renting over purchasing homes, driven by rising housing costs and changing demographics. Additionally, the integration of smart technologies and the Internet of Things is revolutionizing property management practices, enhancing energy efficiency, security, and tenant engagement. Furthermore, the shift towards remote work has increased the demand for remote management capabilities, allowing property managers to effectively oversee multiple properties without physical presence.

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December 20, 2024

Top Companies in Nutraceuticals & Dietary Supplements Industry - Nestlé (Switzerland), BASF (Germany), ADM (US), Glanbia PLC (Ireland), International Flavors & Fragrances (US) and Herbalife International of America, Inc. (US)

The industry is witnessing trends such as personalized nutrition, clean-label products, and preventive health measures.

The nutraceuticals and dietary supplements industry has experienced significant growth in most part of the year 2024, driven by several key factors. Advancements in personalized nutrition, enabled by genomics and individual health data, allow consumers to tailor supplements to their specific health needs, increasing demand for customized products. Additionally, there is a rising consumer preference for natural, organic, and functional ingredients, reflecting a broader trend towards health and wellness. This shift is further supported by the increasing availability of plant-based and clean-label supplements, catering to health-conscious individuals. Looking ahead to 2025, the Dietary supplements industry is poised for continued expansion, with projections indicating a CAGR of 7.6%, potentially reaching a market value of USD 192.6 billion by 2029.

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December 20, 2024

Autonomous Mobile Robots (AMR) Companies - ABB (Switzerland) and KUKA AG (Germany) are the Key Players

The global market for autonomous mobile robots is projected to reach USD 4.56 billion in 2030 from USD 2.25 billion in 2025 at a CAGR of 15.1%. Primarily, demand from many industries such as e-commerce, manufacturing and logistics contributes to this high growth. The key drivers are, the growing need for automation, increasing technological advancements in navigation and artificial intelligence, and a persistent labor shortage that challenges companies to maintain productivity levels by reducing human dependency. The integration of IoT technology with AMRs also facilitates real-time monitoring and data analytics to improve operational efficiency. With AMRs entering new sectors like healthcare, hospitality, and retails, the market will indeed experience great growth because of increased innovation and emphasis on being efficient and safe for application across industries.

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December 20, 2024

AI in Video Surveillance Companies - Hikvision Digital Technology Co., Ltd. (China) and Dahua Technology Co., Ltd. (China) are the Key Players

The AI in video surveillance market is projected to grow from USD 3.90 billion in 2024 and is expected to reach USD 12.46 billion by 2030, growing at a CAGR of 21.3%  from 2025 to 2030. Smart cities rely on cutting-edge digital infrastructure to revolutionize urban services, and video surveillance is integral to this process. This allows municipalities to track public space in real-time and respond promptly to incidents, thus improving public safety in general. Integrating surveillance systems with smart city initiatives improves security, resource management, traffic monitoring, and crime prevention, thus creating safer, more efficient urban environments.

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December 20, 2024

Top Companies in AC Motors Industry - ABB (Switzerland), Siemens (Germany), GE Vernova (US), WEG (Brazil) and NIDEC (Japan)

The AC motors market is projected to reach USD 6.60 billion by 2029 from an estimated USD 4.60 billion in 2024, at a CAGR of 7.5% during the forecast period (2024–2029). The AC motors market is particularly increasing for the ones above 500 kW with increased industrialization and urbanization along with growing demands for heavy-duty applications in sectors such as oil & gas, mining, power generation, and manufacturing. Such motors are crucial in applications requiring high loads like conveyor systems, cranes, and HVAC systems. In recent times, due to energy transition towards renewable energy sources and electrification, efficient and powerful motors are increasingly being demanded. In addition, the advancements in electric drives and induction motor technologies are further supporting their adoption.

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December 19, 2024

Chillers Companies - DAIKIN INDUSTRIES, Ltd. (Japan), Trane Technologies plc (Ireland), Carrier (US) are the Major Players in the Chillers Market

The chillers market is projected to reach USD 15.42 billion by 2029, at a CAGR of 5.0% from USD 12.08 billion in 2024. Chillers market is growing rapidly, because of the ever-growing need for efficient cooling across all industries such as HVAC, chemicals, food & beverage, and data center, while rapid urbanization and growth in infrastructure for building construction along with malls, hospitals, and offices are giving it the boost. Also, with ever-growing environmental concerns and the emergence of more stringent regulations and legislation, it becomes pertinent that companies focus on the usage of low-GWP refrigerant chillers and become as eco-friendly as possible. Technological advancements, such as smart control systems and variable speed drives, enhance chiller performance, thereby increasing their attractiveness. Industrialization in emerging economies also adds to the growing market demand for chillers.

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December 19, 2024

Flow Battery Companies - Sumitomo Electric Industries, Ltd. (Japan) and Infinite Energy Systems (UK) are the Key Players

The global flow battery market size is expected to grow from USD 0.34 billion in 2024 to USD 1.18 billion by 2030, at a CAGR of 23.0% from 2024 to 2030. The increasing use of mobile devices worldwide has resulted in a surge in the construction of telecommunication towers. These modern networks are interconnected globally, and with the recent introduction of 5G technology, the demand for towers is proliferating.The highest number of telecom tower deployments are observed in Asian countries, therefore, the increasing number of telecommunications tower installations is expected to stimulate the demand for flow batteries worldwide.

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December 19, 2024

AI in Computer Vision Companies - Sumitomo Electric Industries, Ltd. (Japan) and Infinite Energy Systems (UK) are the Key Players

The global Al in computer vision market is projected to reach USD 63.48 billion in 2030 from USD 23.42 billion in 2025; it is expected to grow at a CAGR of 22.1% from 2025 to 2030. The AI in computer vision market is driven by key factors that reshape various industries. Among these, it is quite evident that there is rapid technological advancement in the field of AI and machine learning to interpret and analyze visual data with increasing accuracy and speeds, which drive demand across various sectors. Rapid adoption and the requirement for real-time processing are critical in several industries, from manufacturing to healthcare, automobiles, and retail. In particular, increased adoption of autonomous vehicles, smart devices, and surveillance systems has created an increased need for AI-powered vision solutions. Large datasets and powerful deep learning models also accelerate computer vision solution development and adoption. Cost-cutting in hardware such as cameras and sensors makes AI vision more accessible. Increased investment in research and development is also driving innovations in AI-powered vision solutions, making them more efficient and versatile across applications such as healthcare diagnostics, security surveillance, and quality control in manufacturing.

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December 19, 2024

Extreme Ultraviolet (EUV) Lithography Companies - ASML (Netherlands) and KLA Corporation (US) are the Key Players

The EUV lithography market is expected to reach USD 22.69 billion by 2029 from USD 12.18 billion in 2024, at a CAGR of 13.2% during the 2024-2029 period.

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December 18, 2024

Milliken & Company (U.S.), Imerys S.A. (France), Clariant AG (Switzerland), BASF SE (Germany) are Leading Players in the Nucleating & Clarifying Agents Market

In terms of value, the nucleating & clarifying agents market is estimated to grow from USD 378.9 million in 2024 to USD 512.5 million by 2029, at a CAGR of 6.2%. The packaging industry is becoming one of the major consumers of plastic which is one of the key factors increasing the demand for the nucleating & clarifying agents market. The lightweight, durable, and versatile nature of plastics makes them a preferred choice in packaging applications. These agents boost the transparency, strength, and thermal properties of plastics, which makes the plastic material suitable for packaging applications.

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December 18, 2024

Data Center Chip Companies - NVIDIA Corporation(US) and AWS (US) are the Key Players

The data center chip market is expected to grow from USD 206.96 billion in 2025 and is projected to reach USD 390.65 billion by 2030, growing at a CAGR of 13.5% from 2025 to 2030.

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December 18, 2024

Top Companies in Nuclear Power Industry - The State Atomic Energy Corporation ROSATOM (Russia) and Westinghouse Electric Company LLC. (US)

The nuclear power market is forecasted to reach USD 44.71 billion by 2029 from an estimated USD  38.84 billion in 2024, at a CAGR of 2.9% during the forecast period (2024-2029). There is increasing global energy demand, especially in emerging economies, which drives the investment in nuclear power to ensure a stable supply of energy. Besides, Nuclear power provides a stable and predictable supply of electricity, reduces dependency on imported fossil fuels, and enhances national energy security.

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December 18, 2024

EMI Shielding Companies - Parker Hannifin Corp (US) and PPG Industries Inc. (US) are the Key Players

The global EMI shielding market is expected to reach USD 9.69 billion in 2029 from USD 7.34 billion in 2024, at a CAGR of 5.7% during the forecast period. The increasing proliferation of electronic devices and wireless technologies in consumer electronics, automotive, aerospace, telecommunications, and healthcare create growing demands for EMI (Electromagnetic Interference) shielding. As devices get smaller and more interconnected, they radiate higher electromagnetic emissions that interfere with nearby equipment, causing an overall disruption in performance and, in some cases, safety concerns. Strict EMC regulatory standards and the requirement to protect sensitive components against critical application, such as medical equipment or self-driving vehicles, lead to increased demand.

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December 17, 2024

Top Companies in Residential Energy Storage Industry - Panasonic Holdings Corporation (Japan), Tesla (US) and BYD Company Ltd. (China)

The residential energy storage market is expected to grow from an estimated in USD 2.67 billion in 2024 to USD 4.30 billion by 2030, at a CAGR of 8.2% during the forecast period. In addition to a steady increase in electricity prices, homeowners are now shifting toward energy storage solutions as the most preferable option. A residential energy storage system allows households to store energy produced during off-peak hours when electricity rates are low and utilize it during peak demand periods when rates are high. This strategic usage of reserve energy reduces reliance on the grid, with long-term cost benefits through insulation from fluctuating energy tariffs. It also makes optimum sense in areas with dynamic pricing models or time-of-use billing, enabling homeowners to intelligently time when they use energy in order to stay within the optimal window of cost efficiency and become a very attractive option for budget-conscious consumers.

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December 17, 2024

Submarine Cable Systems Market Growth in the Japan

The market for submarine cable systems in Japan is experiencing consistent growth, fueled by the rising need for high-speed, secure international communications and the swift development of digital services.

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December 16, 2024

Submarine Cable Systems Market Growth in the Germany

The German submarine cable systems market is experiencing significant growth, driven by the increasing demand for high-speed internet, digital communication, and data exchange between Europe and other global markets.

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December 16, 2024

Submarine Cable Systems Market Growth in the US

The US market for submarine cable systems is witnessing strong growth, fueled by the rising need for fast, reliable internet connectivity, improvements in digital communication technology, and the surge in worldwide data transmission. Submarine cables, essential for international data transmission, are vital to contemporary telecommunications networks, enabling worldwide communication and data sharing.

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December 16, 2024

Radiation Hardened Electronics Market Growth in the Japan

Japan is a technologically advanced country with one of the best manufacturing capabilities, and thus it is one of the largest competitors in the global market.

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December 16, 2024

Radiation Hardened Electronics Market Growth in the Germany

Germany is one of the most essential players in the European space market, with its space program in collaboration with international partners.

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December 16, 2024

Radiation Hardened Electronics Market Growth in the US

The US market for radiation-hardened electronics is growing, thanks to the presence of key manufacturers in the country.

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December 16, 2024

Top Companies in Pumps Industry - Grundfos Holding A/S (Denmark), Xylem (US) and KSB Limited (India)

The global pumps market is expected to grow from USD 61.32 billion in 2024 to USD 79.01 billion by 2029, at a CAGR of 5.2% during the forecast period. The main drivers of the pumps market globally are rapid industrialization, urbanization, and infrastructure development around the world, where demand for efficient water and wastewater management solutions across different industries increases. Increase in the oil & gas, chemicals, and food & beverage industries further fuels the demand for pumps as these sectors heavily depend upon pumping solutions for processes, handling fluids, and maintaining operations. Further improvement in pump technology, including smart and IoT-enabled pumps, is capable of providing efficient operations with minimal downtime; this is impressive for industries and energy-efficient users. The increasing pollution, environmental concerns, and regulations across various regions are influencing the demand for energy-efficient pumps to support sustainable practices; hence, the growth in demand is observed across regions.

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December 16, 2024

Flow Battery Market in the US: Driving Renewable Energy Integration and Grid Stability

The flow battery market in the United States is experiencing rapid growth, driven by the increasing demand for efficient energy storage solutions that can support renewable energy integration and enhance grid stability. Flow batteries, which utilize liquid electrolytes to store energy, offer unique advantages such as scalability, long cycle life, and safety compared to traditional battery technologies.

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December 13, 2024

Flow Battery Market in Japan: Powering Renewable Energy and Grid Stability

The flow battery market in Japan is poised for significant growth, driven by the increasing demand for energy storage solutions that support renewable energy integration and grid stability. Flow batteries, which store energy in liquid electrolytes, offer advantages such as scalability, long cycle life, and safety compared to traditional battery technologies. As Japan transitions towards a more sustainable energy landscape, the adoption of flow batteries is becoming crucial for balancing intermittent renewable energy sources like solar and wind.

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December 13, 2024

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