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Showing posts from January, 2024

Viscosupplementation Market To Witness A Significant Growth Of USD 9.14 Billion By 2030

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  San Francisco, 31 Jan 2024:  The Report  Viscosupplementation Market  Size, Share & Trends Analysis Report By Product (Single Injection, Three Injection, Five Injection), By End-use (Hospitals, Orthopedic Clinics/ASCs), By Region (Asia Pacific, Europe), And Segment Forecasts, 2023 - 2030 The global viscosupplementation market size is expected to reach USD 9.14 billion by 2030 and is expected to grow at a CAGR of 9.58% from 2023 to 2030, according to a new report by Grand View Research, Inc. The market growth is driven by several key factors, including a rise in the elderly population, an increase in osteoarthritis cases among older individuals, and substantial investments in research and development. According to the CDC, approximately 25% of adults in the United States currently experience some type of arthritis, and this number is expected to reach 78 million by 2040. As a result, the demand for viscosupplementation is predicted to surge in the coming years. Furthermore, the ma

Smart Parking Systems Market Expected To Grow With USD 30.16 Billion By 2030: Grand View Research Inc.

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  San Francisco, 31 Jan 2024:  The Report  Smart Parking Systems Market  Size, Share, & Trends Analysis Report By Hardware (Pucks, Cameras & LPRs, Smart Meters, Signage), By Software, By Service, By Type, By Application, By Region, And Segment Forecasts, 2023 - 2030 The global smart parking systems market is expected to reach USD 30.16 billion by 2030 and expand at a significant CAGR of 22.1% from 2023 to 2030 according to Grand View Research, The smart parking systems market is expected to witness remarkable growth during the forecast period owing to the subsequent rise in traffic congestion and an increasing number of automobiles on roads. Further, an increase in the number of smartphone users worldwide simultaneously increases the number of users to park, pay, and book the slots in advance over mobile apps, supporting the smart parking systems market growth. Favorable government policies & regulations and investments are accelerating the smart parking systems implementat

Circuit Protection Market To Witness A Significant Growth Of USD 72,677.3 Million By 2030

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  San Francisco, 31 Jan 2024:  The Report  Circuit Protection Market  Size, Share & Trends Analysis Report By Product (Circuit Breaker, Fuse, Inrush Current Limiter, Mobile Power Protection), By Channel, By Application, By Region, And Segment Forecasts, 2023 - 2030 The global circuit protection market size is expected to reach USD 72,677.3 million by 2030 registering a CAGR of 5.9 from 2023 to 2030 according to a new study by Grand View Research, Inc. The primary drivers of the global market growth include expanding energy infrastructure development activities, the necessity of revamping the power transmission and distribution network, and a focus on creating new energy connectivity. Additionally, in order to protect the machinery from the probability of power fluctuation and short circuits, there is an increasing demand for advanced circuit protection equipment throughout industry verticals, including electronics, communications, and automotive. The growth of the global market is

Fluid Dispensing Systems Market Size Is Projected To Reach USD 59.94 Billion By 2030

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  San Francisco, 29 Jan 2024:  The Report  Fluid Dispensing Systems Market  Size, Share & Trends Analysis Report By Product (Flux, Lubricant, Solder Paste, Adhesives & Sealants, Conformal Coatings), By Region, By Application, And Segment Forecasts, 2023 - 2030 The global fluid dispensing systems market size is estimated to reach USD 59.94 billion by 2030, registering an estimated CAGR of 5.7% from 2023 to 2030, according to a new report by Grand View Research, Inc. Increasing usage in electrical and electronics for semiconductor packaging and circuit board assembly is projected to drive the demand for Fluid Dispensing Systems (FDS). The continuous evolution in dispensing systems manufacturing techniques has resulted in a continuously improving and widening application scenario for these systems as compared to their traditional counterparts. Fluid dispensing systems are primarily responsible for the controlled flow of liquids such as solvents, inks, and glues for diverse applica

Veterinary Orthopedics Market Is Likely To Up Demand At A USD 945.94 Million By 2030

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  San Francisco, 30 Jan 2024:  The Report  Veterinary Orthopedics Market  Size, Share & Trends Analysis Report By Application (TPLO, TTA), By Animal Type (Canine, Feline), By Product (Implants, Instruments), By End-use, By Region, And Segment Forecasts, 2024 - 2030 The global veterinary orthopedics market size is anticipated to reach USD 945.94 million by 2030 and it is projected to grow at a CAGR of 7.46% from 2024 to 2030, according to a new report by Grand View Research, Inc. The market is driven by the increasing animal population, the prevalence of pet obesity, incidence of orthopedic disorders in pets, adoption of pet insurance, and the number of orthopedic surgeries on pets. Moreover, increasing technological advancements in veterinary devices and implants are expected to contribute to market growth. According to FEDIAF and internal GVR estimates there were about 12.6 million pet dogs and 12.9 million pet cats in the UK in 2023. This number is notably greater than the 9 mill

Omega 3 Supplements Market To Witness A Significant Growth Of USD 10.80 Billion By 2028

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  San Francisco, 30 Jan 2024:  The Report  Omega 3 Supplements Market  Size, Share & Trends Analysis Report By Source (Fish, Krill Oil), By Form (Soft Gels, Capsules), By End User (Adults, Infants), By Functionality, By Distribution Channel, And Segment Forecasts, 2020 - 2028   The global omega 3 supplements market size is expected to reach USD 10.80 billion by 2028, according to a new report by Grand View Research, Inc. It is expected to expand at a CAGR of 8.6% from 2020 to 2028. The demand for omega-3 supplements is projected to be driven by the growing adoption of the product to fulfill the daily nutritional requirements and maintain optimum health of organs by the geriatric population in developed economies, such as the U.S., Canada, the U.K., and France. Furthermore, the outbreak of COVID-19 from the beginning of 2020 led to increased consumer awareness regarding the significance of immunity and immunity-boosting products, which is expected to fuel the demand for various omeg

Thermoplastic Vulcanizates Market Estimated At USD 2.80 Billion By 2030

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  San Francisco, 30 Jan 2024:  The Report  Thermoplastic Vulcanizates Market  Size, Share & Trends Analysis Report By Application (Automotive, Fluid Handling, Consumer Goods, Medical, Footwear, Others), By Region, And Segment Forecasts, 2023 - 2030 The global thermoplastic vulcanizates market size is expected to reach USD 2.80 billion by 2030, registering a CAGR of 7.6% during the forecast period, according to a new report by Grand View Research, Inc. Growing demand for the lightweight, high-performance materials from the automotive industry is expected to drive the global thermoplastic vulcanizates (TPV) market. Increasing government intervention in fuel efficiency has led to the use of high-performance engineering plastics, including TPV, spurring demand. The growth of the consumer goods industry in the BRIC countries is also expected to have a positive impact on the global market. Price volatility for the key commodities is expected to remain a major concern for the market parti

Material Handling Equipment Market To Witness A Significant Growth Of USD 350.21 Billion By 2030

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  San Francisco, 29 Jan 2024:  The Report  Material Handling Equipment Market  Size, Share & Trends Analysis Report By Product (Cranes & Lifting Equipment, Racking & Storage Equipment), By Application, By Region, And Segment Forecasts, 2022 - 2030 The global material handling equipment market size is expected to reach USD 350.21 billion by 2030, according to a new report by Grand View Research, Inc., expanding at a CAGR of 5.7% from 2022 to 2030. Growing demand for warehouse operational flexibility and supply chain transparency is anticipated to have a positive impact on industry growth. The market for material handling equipment was temporarily shut down due to the outbreak of COVID-19, resulting in the shutdown of manufacturing facilities and a slowdown in the logistics industry. The ongoing suspension of business operations has a negative effect on the growth of the industry, particularly in the industrial sector. Small hand trucks, pallet jacks, automatic guided vehicle

U.S. Transcription Market Is Likely To Up Demand At A USD 41.89 Billion By 2030

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  San Francisco, 29 Jan 2024:  The Report  U.S. Transcription Market  Size, Share & Trends Analysis Report By Vertical (Legal, Medical, Media & Entertainment, BFSI, Government, Education), By Type (Software, Services), And Segment Forecasts, 2023 - 2030 The U.S. transcription market size is expected to reach USD 41.89 billion by 2030, registering a CAGR of 5.8% from 2023 to 2030, according to a new report by Grand View Research, Inc. Transcription services are widely used in the entertainment, legal, and healthcare sectors as there is a need for accurate data. An increase in online audio and video content and a significant population with hearing disabilities will further influence the transcription market's growth. Companies are increasingly turning to transcription services due to the continued growth of the multimedia industry. Live and recorded telecasts of sports events, talk shows, and digital content on OTT platforms are adopting transcription services. Increased acc

High Performance Computing Market Estimated At USD 87.31 Billion By 2030

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  San Francisco, 29 Jan 2024:  The Report  High Performance Computing Market  Size, Share & Trends Analysis Report By Component (Servers, Storage, Networking Devices), By Deployment (On-premise, Cloud), By End-use, By Region, And Segment Forecasts, 2023 - 2030 The global high-performance computing market size is expected to reach USD 87.31 billion by 2030 and is expected to expand at 7.5% CAGR from 2023 to 2030, according to a new study conducted by Grand View Research, Inc. High-performance computing (HPC) can be categorized into high-performance technical computing (HPTC) and high-performance business computing (HPBC). HPTC is highly used in the fields of science and engineering. It is particularly used by government agencies, defense agencies, educational and research institutions, and incumbents of the manufacturing industry, among others. On the other hand, HPBC is suitable for applications, such as gaming and fraud detection. Logistics companies and providers of financial ser

Rapid Medical Diagnostic Kits Market Estimated At USD 42.94 Billion By 2030

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  San Francisco, 24 Jan 2024:  The Report  Rapid Medical Diagnostic Kits Market  Size, Share & Trends Analysis Report By Product (OTC Kits, Professional Kits), By Technology (Lateral Flow, Solid Phase), By Application, By End-use, By Region, And Segment Forecasts, 2023 - 2030 The global rapid medical diagnostic kits market size is projected to reach USD 42.94 billion by 2030, growing at a CAGR of 9.03% from 2023 to 2030. The market is experiencing strong growth due to the rising demand for quick and accurate diagnostic solutions. These kits offer convenient on-site testing and play a vital role in infectious disease detection, personal health monitoring, and point-of-care testing. The market is expected to continue expanding as technology advancements drive the development of more advanced and user-friendly kits. One of the key growth drivers for the market is the increasing demand for rapid diagnostic solutions for infectious diseases. The recent COVID-19 pandemic has highlighted