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Showing posts from December, 2023

Veterinary Imaging Market Is Estimated To Exhibit At USD 2.94 Billion By 2030

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  San Francisco, 29 Dec 2023:  The Report  Veterinary Imaging Market  Size, Share & Trends Analysis Report By Product (X-ray, Ultrasound, MRI, CT Imaging, Video Endoscopy), By Solutions, By Animal Type, By Application, By End-use, By Region, And Segment Forecasts, 2023 - 2030 The global veterinary imaging market size is expected to reach USD 2.9 billion by 2030, according to expand at a lucrative CAGR of 6.84% from 2023 to 2030 according to a new report by Grand View Research, Inc. The key factors driving the market growth include a growing pet population, increased animal health spending, high pet insurance, and the availability of advanced veterinary imaging devices. The veterinary diagnostic field has experienced immense technological developments in recent years. Imaging modalities used in human medical practices are being highly adopted for veterinary usage, with specific modifications. Such advancements in technologies are expected to fuel ma...

Variable Frequency Drive Market Is Likely To Up Demand At A USD 39.66 Billion By 2030

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  San Francisco, 29 Dec 2023:  The Report  Variable Frequency Drive Market  Size, Share & Trends Analysis Report By Product Type (AC Drives, DC Drives, Servo Drives), By Power Range, By Application, By End Use, By Region, And Segment Forecasts, 2023 - 2030 The global variable frequency drive market size is expected to reach USD 39.66 billion by 2030 registering a CAGR of 5.6%, according to a new study by Grand View Research, Inc. The rapid development of semiconductor technology and rising consumer awareness of the benefits of energy-efficient products are two factors anticipated to fuel the expansion of the market. Similarly, the rising energy demand worldwide and the use of variable frequency drives (VFDs) to regulate the flow and speed of the fan to prevent energy loss are anticipated to promote the growth of the global market in the years to come. More than 90% of the energy expended in the U.S. is used by residential refrigeration and HVAC systems ...

Urinalysis Market Estimated At USD 3.07 Billion By 2030

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  San Francisco, 29 Dec 2023:  The Report  Urinalysis Market  Size, Share & Trends Analysis Report By Product (Instruments, Consumables), By Application (Disease Screening, Pregnancy & Fertility Testing), By End-use (Hospitals, Home Care), By Region, And Segment Forecasts, 2023 - 2030 The global urinalysis market size is expected to reach USD 3.07 billion by 2030, expanding at a CAGR of 4.7% from 2023 to 2030, according to a new report by Grand View Research, Inc. Increasing incidence of UTI worldwide contributes to market growth. According to a study published by SHEA journal, in 2021, approximately 60% to 70% of urinalyses were being performed in patients without symptoms referable to the Gastrointestinal Tract (GU). Increasing geriatric population and the subsequent increase in age related diseases in developed and developing regions will positively influence urinalysis market growth. According to the World Health Organization (WHO), the geriatri...

Veterinary Diagnostics Market Projected To Reach USD 16.9 Billion By 2030

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  San Francisco, 29 Dec 2023:  The Report  Veterinary Diagnostics Market  Size, Share & Trends Analysis Report By Species (Canine, Feline), By End-use (POC/In-House, Labs), By Testing Type (Immunoassays, Pathology), By Product, By Disease Type, And Segment Forecasts, 2023 - 2030 The global veterinary diagnostics market size is expected to reach USD 16.9 billion by 2030, according to a new report by Grand View Research, Inc. The market is expected to expand at a CAGR of 11.2% from 2023 to 2030. The growing incidence of zoonotic and foodborne diseases is expected to drive the market over the forecast period. Moreover, increasing companion ownership in developing countries is another factor propelling the market. Approximately 75% of all novel and emerging human infectious ailments are zoonotic, like COVID-19, denoting that they can jump from animals to individuals. To combat COVID-19 and future pandemics, leaders from the Group of Seven in a February 2021...

Tissue Diagnostics Market Is Likely To Up Demand At A USD 8.99 Billion By 2030

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  San Francisco, 28 Dec 2023:  The Report  Tissue Diagnostics Market  Size, Share & Trends Analysis Report By Technology (ISH, Digital Pathology), By Application (Breast Cancer, Prostate Cancer), By End-use, By Region, And Segment Forecasts, 2023 - 2030 The global tissue diagnostics market size is expected to reach USD 8.99 billion by 2030, growing at 7.15% CAGR from 2023 to 2030, according to a new report by Grand View Research, Inc. Accelerating demand for automated tissue diagnostic systems due to a lack of skilled pathologists has driven the tissue diagnostics industry. The advent of advanced imaging techniques, such as auto fluorescence, that minimize the need for invasive diagnostics further supplements the market growth. The use of digital slides has significantly increased in recent years, owing to its associated benefits including flexible magnification and remote access to slides. The growing emphasis on precision medicine is support...

Unsaturated Polyester Resin Market Estimated At USD 20.9 Billion By 2030

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  San Francisco, 28 Dec 2023:  The Report   Unsaturated Polyester Resin Market  Size, Share & Trends Analysis Report By Product (DCPD, Orthophthalic, Isophthalic), By End-use, By Form (Liquid Form, Powder Form), By Region, And Segment Forecasts, 2023 - 2030 The global unsaturated polyester resin market size is expected to reach USD 20.9 billion by 2030, according to a new report by Grand View Research, Inc. It is projected to expand at a CAGR of 7.1% 2023 to 2030. Developments in the building and construction industry and applications of tanks and pipes are likely to drive demand for isophthalic acid in these end-use industries. Moreover, the increase in the use of environmentally friendly and energy-saving products is also expected to positively affect the market. Favorable government regulations and infrastructure development initiatives such as increased foreign investment, subsidy provisions, and trade promotion are expected to increase demand for u...

Thermoplastic Elastomer Market Is Estimated To Exhibit At USD 40.06 Billion By 2030

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  San Francisco, 28 Dec 2023:  The Report   Thermoplastic Elastomer Market  Size, Share & Trends Analysis Report By Application (Automotive, Electrical & Electronics, Industrial, Medical, Consumer Goods), By Material, By Region, And Segment Forecasts, 2022 - 2030 The global thermoplastic elastomer market size is expected to reach USD 40.06 billion by 2030, according to a new study by Grand View Research, Inc., expanding at a CAGR of 7.2% from 2022 to 2030. Superior properties of PCTFE and robust growth in end-use industries are some of the key factors that are presumed to drive the regional markets. R&D initiatives to develop superior robust products that have a wide application base across diverse industries offer ample opportunities for industry growth. Thermoplastic elastomers are unique, eco-friendly thermoplastics that are not only recyclable but can also be re-molded and re-shaped, thereby eliminating wastage quite extensively. These offer...

Supply Chain Analytics Market Projected To Reach USD 22.46 Billion By 2030

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  San Francisco, 27 Dec 2023:  The Report  Supply Chain Analytics Market  Size, Share & Trends Analysis Report By Solution (Manufacturing, Logistics Analytics), By Deployment (On-premise, Cloud), By Service, By Enterprise Size, By End-use, By Region, And Segment Forecasts, 2023 - 2030 The global supply chain analytics market size is projected to reach USD 22.46 billion by 2030, according to a new study by Grand View Research, Inc.The market is anticipated to register a CAGR of 17.8% from 2023 to 2030. Supply chain analytics (SCA) is becoming popular as the demand for managing vast volumes of company data and its insights for strategic applications grows. As the demand for automation technologies and investment from technology developers increases, so does the demand for cognitive computing and AI. The growing awareness among businesses of the advantages of SCA in terms of improved visibility across the whole supply chain is fueling demand for ...

Surgical Retractors Market Estimated At USD 2.5 Billion By 2030

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  San Francisco, 27 Dec 2023:  The Report  Surgical Retractors Market  Size, Share & Trends Analysis Report By Type (Handheld, Self-retaining), By Product (Abdominal Retractor, Finger retractor) By Application (Neurosurgery, Ob/Gyn), By End-use), By Region, And Segment Forecasts, 2023 - 2030 The global surgical retractors market size is estimated to reach USD 2.5 billion by 2030 registering a CAGR of 4.8%, according to a new report by Grand View Research, Inc. Increase in the number of surgical procedures owing to the growing prevalence of chronic diseases, rising adoption of minimally invasive surgeries and development of minimally invasive surgical retractors by major players are the factors expected to contribute to growth. The presence of a large number of players and their growing number of strategic initiatives to enhance their product portfolios is expected to boost growth. Growing awareness about organ donation and an increasing number of t...

Surface Disinfectant Market Is Likely To Up Demand At A USD 9.49 Billion By 2030

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  San Francisco, 27 Dec 2023:  The Report  Surface Disinfectant Market  Size, Share & Trends Analysis Report By Composition (Chemical, Biobased), By Form (Liquid, Wipes), By End-use, By Application, By Region, And Segment Forecasts, 2023 - 2030 The global surface disinfectant market size is expected to reach USD 9.49 billion by 2030, registering a CAGR of 7.1% from 2023 to 2030 as per the new report by Grand View Research, Inc. The growth is majorly driven by the increasing commonness and consumption of healthcare-associated infections (HAIs). The future growth can be attributed to several factors which include growing infrastructure, and construction activities, automotive production, industrial production, travel (business and leisure), as well as the need to maintain cleanliness at each and every location. Furthermore, mounting demand for green solutions such as biobased surface disinfectants continue to contribute to global market growth. Surfa...

Tartaric Acid Market To Witness A Significant Growth Of USD 468.15 Million By 2026

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  San Francisco, 27 Dec 2023:  The Report   Tartaric Acid Market  Size, Share & Trends Analysis Report By Source (Grapes & Sun-dried Raisins, Maleic Anhydride), By Application (Food, Beverages), By Region, And Segment Forecasts, 2022 - 2026 The global tartaric acid market size is expected to reach USD 468.15 million by 2026, as per the new report by Grand View Research, Inc. It is expected to expand at a CAGR of 6.0% from 2022 to 2026. The industry growth is majorly attributed to the rapid growth of the food, wine, and beverage industries and an increase in the population. Tartaric acid is a type of organic acid that is abundantly found in grapes in its natural form. It is synthetically produced from Maleic anhydride owing to its structural similarities. The product is used in several end-use applications including food, beverages, pharmaceutical, cosmetics and personal care, animal feed, construction, and metal cleaning. Raw materials use...