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Koninklijke Philips N.V. (Netherlands) and GE HealthCare (US) are Leading Players in the Fusion Biopsy MarketAt a compound annual growth rate (CAGR) of 7.1%, the fusion biopsy market is projected to grow from its estimated USD 0.65 billion in 2024 to USD 0.91 billion by 2029. The market for fusion biopsy is growing rapidly due to the rising incidence of prostate cancer and the rapid aging of the global population. Growing awareness of early cancer diagnosis and advancements in imaging and diagnostic technologies have led to an increase in the usage of fusion biopsy techniques. Supporting factors like improved healthcare infrastructure, easier access to reimbursement policies, and governmental and private sector expenditures are driving the market's growth. ...... Read More |
December 4, 2024 |
Top Companies in Content Detection Industry - Microsoft (US) and Google (US)The global Content detection market size is projected to grow from USD 16.48 billion in 2024 to USD 31.42 billion by 2029 at a Compound Annual Growth Rate (CAGR) of 16.9% during the forecast period. The factors contributing to the growth of the content detection market include the increasing volumes of online content, which needs to be effectively managed in any day and age. With the emergence of social media and streaming services along with other content-intense environments, there is always the challenge of combating the increasing prevalence of disinformation, harmful content, and copyright-infringing behavior. In response to the challenge of inappropriate, illegal or deceptive content, posts or images, tools have become more sophisticated owing to the rise of AI and ML capabilities, and the well coming of legal requirements. ...... Read More |
December 4, 2024 |
Industrial Agitators Companies - SPX Flow, Inc. (US) and Xylem Inc. (US) are the Key PlayersThe Industrial agitators market is estimated to be worth USD 2.6 billion in 2023 and is projected to reach USD 3.2 billion by 2028, at a CAGR of 4.0% during the forecast period. The constantly growing chemical, pharmaceutical and food & beverage demand and production is a major factor driving the growth of industrial agitators market globally. Moreover, need for customized agitators for several applications is also key factor contributing to the market growth. ...... Read More |
December 4, 2024 |
F. Hoffmann-La Roche Ltd. (Switzerland) and Labcorp Inc. (US) are Leading Players in the Minimal Residual Disease MarketGlobal Minimal Residual Disease Testing Market Size is estimated to be about USD 1.43 Billion in 2024 and estimated to reach about USD 2.55 Billion by the year 2029, at a growth rate of CAGR of 12.2% during the forecasted period. Rising cases of cancer and hematological malignancies, increased efforts by government bodies toward increasing levels of cancer awareness, and rising collaborations are likely to propel the market for minimal residual disease testing over the next several years. The growth prospects for market players in emerging countries are expected to be substantial over the next few years. ...... Read More |
December 4, 2024 |
Pharmaceutical Manufacturing Equipment Companies - GEA Group Aktiengesellschaft (Germany) and I.M.A. INDUSTRIA MACCHINE AUTOMATICHE S.P.A. (Italy) are the Key PlayersThe global pharmaceutical manufacturing equipment market size is projected to grow from USD 19.41 billion in 2024 to USD 26.94 billion in 2029, recording a CAGR of 6.8% during the forecast period. The rising demand for pharmaceuticals, coupled with the technological advancements in equipment are attributed to the ever-increasing demand for pharmaceutical manufacturing equipment. ...... Read More |
December 4, 2024 |
Edwards Lifesciences Corporation (U.S) and Boston Scientific Corporation (U.S.) are Leading Players in the Structural Heart Devices MarketThe Structural heart devices market is projected to reach USD 25.69 billion by 2029 from USD 16.31 billion in 2024, at a CAGR of 9.5% from 2024 to 2029. The growth drivers in the structural heart devices market are the upward trend in valvular and congenital heart diseases, advancements in minimally invasive technologies such as TAVR and TMVR, and increasing adoption due to an increasing age population and better healthcare infrastructure all over the world. ...... Read More |
December 4, 2024 |
Shanshan Co (China) and Resonac Holdings Corporation (Japan) are Leading Players in the Graphite MarketThe graphite market is anticipated to grow from USD 15.67 billion in 2024 to USD 36.40 billion by 2030, at a CAGR of 15.1% during the forecast period. ...... Read More |
December 4, 2024 |
Functional Safety Companies - Schneider Electric (France) and ABB (Switzerland) are the Key PlayersThe global functional safety market is expected to be USD 5,883.3 million in 2024 to USD 7,896.7 million by 2029; it is expected to register a CAGR of 6.1% during the forecast period. Rising enforcement of stringent regulations to ensure personnel and process safety, Increasing investment in oil and gas plants to meet energy demand, Mounting adoption of advanced safety solutions to prevent accidents in industrial facilities are attributed to the ever-increasing demand for functional safety systems. ...... Read More |
December 3, 2024 |
Ceramic Sanitary Ware Companies: Market Leader in Ceramic Sanitary Ware MarketIn terms of value, the ceramic sanitary ware market is estimated to grow from USD 34.36 billion in 2024 to USD 45.33 billion by 2029, at a CAGR of 5.7%. Ceramic sanitary ware market have grown as the increasing demand for residential and commercial spaces, increasing disposal income, and government initiatives regarding sanitization and hygiene. These factors drive the ceramic sanitary ware market. Also, the ceramic sanitary ware manufacturers has opportunity from design and customization innovation, use of smart technologies, and expanding ceramic sanitary ware with heating solutions. Along with the drivers and opportunities, Increasing inflation and geographical conflicts are the major restraint for the market growth. ...... Read More |
December 3, 2024 |
Genus PLC (UK) and Urus (US) are Leading Players in the Animal Genetics MarketThe global animal genetics market is projected to reach USD 4.19 billion by 2029 from USD 2.97 billion in 2024, at a CAGR of 7.1% during the forecast period. Growth in this market can primarily be attributed to high global demand for live animals from the animal food industry and the high adoption of genetic materials by breeders. ...... Read More |
December 3, 2024 |
Service Robotics Companies - Intuitive Surgical Operations, Inc. (US) and DJI (China) are the Key PlayersThe service robotics market is projected to grow from USD 47.10 billion in 2024 to reach USD 98.65 billion by 2029; it is expected to grow at a CAGR of 15.9% from 2024 to 2029. ...... Read More |
December 3, 2024 |
Microsoft (US) and NVIDIA Corporation (US) are Leading Players in the Artificial Intelligence (AI) in Medical Diagnostics MarketThe global Al in medical diagnostics market is likely to grow from USD 1.71 billion in 2024 to USD 4.72 billion by 2029, at a CAGR of 22.5% during the forecast period. Factors like: The rising availability of big data drive Al breakthroughs, while cross-industry alliances and collaborations among tech companies, healthcare providers, and the government give resources and experience that can be applied to Al applications. For example, in 2024, Microsoft deepened its collaboration with NVIDIA by merging Azure with NVIDIA's DGX Cloud and Clara suite to advance clinical research, drug discovery, and medical imaging. Similarly, in 2023, Microsoft collaborated with Paige Al to produce the biggest image-based Al models for cancer diagnosis and treatment. It has also teamed up with Nuance. ...... Read More |
December 3, 2024 |
Top Companies in Fragrance Ingredients Industry - BASF (Germany), MANE SA (France), dsm-firmenich (Switzerland), Givaduan (Switzerland) and International Flavors and Fragrances (US)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 3, 2024 |
Market Leadership - IVD Reagents MarketThe IVD reagents market is expected to grow at a compound annual growth rate (CAGR) of 7.7% from its estimated USD 60.45 billion in 2024 to USD 87.41 billion by 2029. The growing adoption of NGS for genetic testing and the rising demand advanced point-of-care are the main factors propelling the growth of the IVD reagents market. While the growth of companion diagnostics is an upcoming trend in the IVD reagents market. ...... Read More |
December 3, 2024 |
Stryker Corporation (US) and Zimmer Biomet Holdings,Inc. (US) are Leading Players in the Orthopedic Implants MarketThe global orthopedic implants market is projected to grow USD 26.47 billion by 2029 from USD 20.94 billion in 2024, at a CAGR of 4.8% from 2024 to 2029. Technology improvements, rising opportunities in developing markets, increase in prevalence of orthopedic disorders, and the increasing old-age population are contributing factors to the growth of orthopedic implant market. Orthopedic disorders such osteoarthritis, osteoporosis, and fractures are more likely to occur in geriatric people. The need for orthopedic implants to improve mobility and quality of life with these problems has increased as a result of the demographic transition. Along with the market's steady growth, there has been a rise in the number of orthopedic procedures and awareness related to the benefits of orthopedic surgeries. ...... Read More |
December 2, 2024 |
Top Companies in Artificial Intelligence in Energy Industry - Schneider Electric SE (France), GE Vernova (US) and Siemens AG (Germany)The global AI in energy market size is projected to grow from USD 8.91 billion in 2024 to USD 58.66 billion by 2030 at a Compound Annual Growth Rate (CAGR) of 36.9% during the forecast period. The power grid is one of the largest machines ever built. Despite its size and complexity, grid planners must continue to shape the growth of the power grid to ensure that every user can connect to the power grid, that sufficient generation exists to meet load, and that generation can reach loads. Achieving a fully clean power grid will necessitate substantial investments in new infrastructure, encompassing both additional clean energy generation and the expansion of distributed energy systems. Artificial Intelligence can potentially reduce the extent of new infrastructure development required to attain a 100% clean grid by optimizing underused assets, enhancing coordination and efficiency in new infrastructure projects, and synthesizing the extensive and varied technical data essential for this transition through advanced foundational models. ...... Read More |
December 2, 2024 |
Top Companies in Cloud AI Industry - Google (US) and Microsoft (US)The cloud AI market is expected to grow at a Compound Annual Growth Rate (CAGR) of 32.4% during the forecast period, from USD 80.30 billion in 2024 to USD 327.15 billion by 2029. Cloud AI combines artificial intelligence with cloud platforms, allowing businesses to access advanced AI tools and services without investing heavily in their infrastructure. Cloud AI providers deliver functions such as image recognition, data forecasting, language comprehension, and automated learning to assist organizations in enhancing their operations. These tools help businesses make better decisions, automate tasks, and improve customer experiences. Cloud AI adoption has increased because it's scalable, cost-effective, and easy to access, allowing companies of all sizes to benefit from AI's potential. ...... Read More |
December 2, 2024 |
Top Companies in Gas Insulated Switchgear Industry - ABB (Switzerland) and Schneider Electric (France)The global gas-insulated switchgear (GIS) market is expected to grow at a significant rate, with an estimated value that will be as high as USD 33.53 billion by 2029 compared to USD 24.93 billion in 2024, with the compound annual growth rate (CAGR) of 6.1%. GIS technology is used widely to cover various voltage ratings, from medium to high and extra-high voltage applications. A single key benefit of GIS is its space-efficacy design that can compress high voltage components into a tightly sealed metal enclosure, which minimizes requirements for maintenance and is more preferably used where installations do not provide much space. These attributes make GIS preferred in many industrial, commercial, and utility applications. ...... Read More |
December 2, 2024 |
Carbon Nanotubes Companies: LG Chem (South Korea) and Cabot Corporation (US) are Leading Players in the Carbon Nanotubes MarketThe carbon nanotube (CNT) market 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%. Asia Pacific is the largest carbon nanotube (CNT) market that is projected to register the highest CAGR during the forecasted period. This high growth is due to the growing demand from the structural composite, electronics & semiconductors, and energy & storage end-use industry. ...... Read More |
December 2, 2024 |
Market Leadership - Radiotherapy MarketThe global radiotherapy market is projected to reach USD 9.62 billion by 2029 from USD 7.21 billion in 2024, at a CAGR of 4.9% from 2024 to 2029. The growth in research and development investments, increasing focus on cancer treatment and care, increasing adoption of initiatives to promote radiotherapy awareness. These key factors are encouraging the growth of radiotherapy market globally. ...... Read More |
December 2, 2024 |
Thermo Fisher Scientific Inc. (US) and Corning Incorporated (US) are Leading Players in the Human Organoids MarketThe human organoids market size will be USD 2.33 billion by 2029, from USD 1.19 billion in 2024, at a CAGR of 14.4% during the forecast period. Major growth drivers in the market include a growing focus on developing alternatives for animal testing models, significant increase in research funding and venture capital investments for the development of human organoids, and increasing research activities on organoids. Human organoid technologies are increasingly being adopted as its interest continues to grow into research, since it is serving as an ethical and an effective alternative for animal testing models. The increasing funding and attention towards organoid technology is boosting its adoption in pharmaceutical development and disease modeling. These factors supports the growth of organoid applications within the personal medicine area and toxicology testing. Altogether, these factors add up to the global rising need for human organoids. ...... Read More |
December 2, 2024 |
Electronic Shelf Labels Companies - VusionGroup (France) and Pricer (Sweden) are the Key PlayersThe electronic shelf labels market was valued at 2.34 billion in 2024 and is projected to reach USD 4.18 billion by 2029; it is expected to register a CAGR of 12.3% during the forecast period. The ongoing retail automation emphasizes the need for smarter and more effective systems in such sectors as pricing, stock, and consumer relations, making ESLs an essential element of this change. In terms of operations, ESLs reduces the level of labor put into changing prices, freeing up resources and reducing mistakes. Furthermore, 5G has a great impact on ESL market due to it can offer higher speed and lower latency, it guarantees fast and fluent interaction between ESL systems and their control centers. ...... Read More |
December 2, 2024 |
Top Companies in CAM Software Industry - Autodesk (US) and Siemens (Germany)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. Computer-Aided Manufacturing (CAM) platforms are centralized systems utilized in industrial and manufacturing settings to streamline and automate production processes. These systems enable the precise control of machinery and tools, ensuring efficient production workflows while integrating seamlessly with design and planning software to meet organizational needs. ...... Read More |
November 29, 2024 |
3D Metrology Companies - Hexagon AB (Sweden) and ZEISS Group (Germany) are the Key PlayersThe 3D metrology market is expected to grow from USD 11.13 billion in 2024 to reach USD 15.01 billion by 2029, growing at a CAGR of 6.2% from 2024 to 2029. The rising number of EVs and AVs, shift from labor-intensive manual inspections to advanced automated optical systems, increasing application of big data analytics in metrology, and adoption of industry 4.0 are some of the major drivers influencing the market growth. ...... Read More |
November 29, 2024 |
CIP Chemicals Companies: Market Leaders in CIP Chemicals MarketThe CIP chemicals market 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. The market for CIP chemicals is rising globally due to its usage in end-use industries like pharmaceuticals & biotechnology food & beverage, especially in emerging economies. It is necessary because of its greater usage and effectiveness in maintaining the efficiency of the CIP system in various food & beverage and pharmaceuticals & biotechnology industries, which focuses on hygiene and safety. These chemicals allow the automation of processes to clean effectively without the disassembly of equipment. ...... Read More |
November 29, 2024 |
Market Leadership - AI in Precision Medicine MarketThe AI in precision medicine market 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. The major factors driving the growth of the AI in precision medicine market include rapidly increasing need for more customized treatments, improvement in genomics and multi-omics technologies, and a drive to accelerate drug development is driving advances in AI in precision medicine. The ability of AI to analyze such complex biological and clinical data thus allows quicker identification of mechanisms for the disease as well as tailored therapies. Additionally, factors such as increasing costs of healthcare and failures of traditional approaches pave the way for embracing AI in an aim to optimize diagnostic procedures, advance the methodologies of treatment, and elevate patient outcomes. ...... Read More |
November 29, 2024 |
Aircraft Platforms Companies - Airbus (France) and Boeing (US)are the Key PlayersThe 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%. The market is expected to grow at a tremendous pace owing to advanced technological integration such as AI and cybersecurity enhancements across sectors. The Aircraft Platforms market is dynamically expanding due to the resurgence in global air travel, heightened defense budgets due to geopolitical tensions, and burgeoning applications of UAVs in commercial activities. Investment in UAM is growing because cities are looking to alleviate congestion and reduce transit times. The growing importance of technology-driven platforms, such as, AI integration, and cybersecurity, is leading to immense growth in market expansion. ...... Read More |
November 29, 2024 |
Top Companies in AI in Sports Industry - Catapult Group (US), IBM (US), ChyronHego (US), Sportsradar (US) and Microsoft (US)The global AI in Sports market size is projected to grow from 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. The market for AI in Sports is rising because sports institutions are implementing data and technology to refine athletes' performance, increase efficiency, and enhance the fan experience. Advanced AI tools apply analysis to large-scale data to fine-tune tactics, reduce exposure of players to injury, and control resources effectively. In May 2023, IBM launched Watsonx.ai, enabling real-time monitoring of players' physical conditions and the development of game strategies. It also incorporates the Internet of Things (IoT) and Artificial Intelligence (AI) to create 'smart' stadiums using Cisco's Connected Stadium Solution. Another prominent example is the UFC (Ultimate Fighting Championship), which partnered with IBM and demonstrates the practical application of AI in enhancing user interactivity by creating personalized experiences and improving live event analytics through real-time data processing and insights. Moreover, AI technologies integrated into ticketing, crowd control, and operational safety, such as facial recognition and predictive safety systems, are revolutionizing the sports business. Additionally, AI-powered solutions such as performance analytics, player monitoring, game strategy development, and coaching tools are transforming how teams and organizations operate, enhancing efficiency and decision-making. This evolution enhances the experience for fans and supports decision-making for teams, leagues, and event organizers, highlighting the importance of AI in modern sports management. ...... Read More |
November 28, 2024 |
Top Companies in Precision Nutrition Industry - Viome Life Sciences, Inc. (US), ZOE Limited (UK) and DayTwo Inc (US)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. Advances in genomics, multi-omics technologies, and AI-driven analytics bring high personalization of dietary recommendations, fueling growth in the precision nutrition market. Increasing demand from consumers for personalized health solutions, mainly because of growing consciousness of the well-established science behind diet-disease prevention, are the factors fueling growth. Furthermore, the rising incidence of lifestyle disorders, combined with the switch towards preventive healthcare models, has increased the adoption rate of precision nutrition. Supportive government policies, investments in research work, and expansions by healthcare providers in wellness programs are other factors that accelerate the growth of the market. ...... Read More |
November 28, 2024 |
Distributed Fiber Optic Sensor Companies - SLB (US) and Halliburton (US) are the Key PlayersThe global distributed fiber optic sensor is expected to grow at 10.9% from 2024 to 2030, reaching from USD 1,411.7 million in 2024 to USD 2,630.7 million by 2030. Growth in the oil & gas sector, particularly through increased digitalization and automation, is resulting in the growth of the DFOS systems, to ensure safe and efficient operation. DFOS systems are increasingly used for pipeline monitoring, leak detection, flow assurance, and wellbore surveillance that provide real-time data in the event of mitigation of risks and optimization of resource utilization. Innovations in sensor technologies have enhanced their application in wellbore surveillance in providing accurate monitoring capability for temperature, pressure, and stress in harsh environments, which is vital for efficient exploration and production activities. SLB (US), Halliburton (US), Yokogawa Electric Corporation (Japan), Weatherford (US), Luna Innovations Incorporated (US) are among the key players in the distributed fiber optic sensor market. Market participants have become more varied with their offerings, expanding their global reach through strategic growth approaches like launching new products, acquisitions, collaborations, establishing alliances, and forging partnerships. ...... Read More |
November 28, 2024 |
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