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Precision Farming Market Size Is Expected To Reach USD 24.09 Billion By 2030

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  San Francisco, 19 Jan 2024:  The Report  Precision Farming Market  Size, Share, & Trends Analysis Report By Offering (Hardware, Software, Service), By Application (Precision Farming Application, Livestock Monitoring Application, Smart Greenhouse Application, Others), And Segment Forecasts, 2024 - 2030 The global precision farming market size is anticipated to reach USD 24.09 billion by 2030, registering a CAGR of 12.6% from 2023 to 2030. Precision farming, also known as site-specific crop management or satellite farming, is a farm management concept that uses information technology to ensure optimum health and productivity of crops. The precision farming technique largely depends on specialized equipment such as sensing devices, antennas and access points, and automation and control systems. It also includes maintenance and managed services. The process also incorporates a broad range of technologies such as bio-engineering, robotics and automation, imagery and sensors, and  big

Commercial Refrigeration Equipment Market To Witness A Significant Growth Of USD 58.31 Billion By 2030

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  San Francisco, 18 Jan 2024:  The Report  Commercial Refrigeration Equipment Market  Size, Share & Trends Analysis Report By Product (Refrigerators & Freezers, Beverage Refrigeration), By Application, By System Type, By Capacity, By Region, And Segment Forecasts, 2023 - 2030 The global commercial refrigeration equipment market size is estimated to reach USD 58.31 billion by 2030, registering an estimated CAGR of 5.2% from 2023 to 2030, according to a new report by Grand View Research, Inc. The major aspects driving the market growth are the increasing consumption of frozen foods and the significant expansion of tourism and hospitality industries. The rising environmental concerns about harmful emissions produced by refrigerators such as Hydro-chlorofluorocarbons (HCFC) and Chlorofluorocarbons (CFC) have led to the establishment of norms promoting the adoption of energy-efficient equipment for commercial refrigeration. The Clean Air Act launched by the U.S. Environment Protecti

Virtual Clinical Trials Market Estimated At USD 12.9 Billion By 2030

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  San Francisco, 18 Jan 2024:  The Report  Virtual Clinical Trials Market  Size, Share & Trends Analysis Report By Study Design (Interventional, Observational, Expanded Access), By Indication (Oncology, Cardiovascular Disease), By Phase, By Region, And Segment Forecasts, 2023 - 2030 The global virtual clinical trials market size is expected to reach USD 12.9 billion by 2030, according to a new report by Grand View Research, Inc. The market is expected to expand at a CAGR of 5.7% from 2023 to 2030. The COVID-19 pandemic has significantly impacted the market. The growing need for patient diversity clubbed with enhanced data collection in clinical trials is boosting the market growth. There has been a rise in the R&D of new drugs and vaccines that has increased the volume and complexity of clinical trials. Virtual clinical trials eliminate challenges posed by traditional clinical trials for example delays in patient recruitment and time-consuming procedures. Also, studies have rev

Preclinical CRO Market Is Likely To Up Demand At A USD 9.68 Billion By 2030

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  San Francisco, 17 Jan 2024:  The Report  Preclinical CRO Market  Size, Share & Trends Analysis Report By Service (Toxicology Testing, Bioanalysis & DMPK Studies), By End Use (Biopharmaceutical Companies, Government & Academic Institutes), And Segment Forecasts, 2023 - 2030 The global preclinical CRO market size is expected to reach USD 9.68 billion by 2030, expanding at a CAGR of 7.9%, according to a new report by Grand View Research, Inc. The market is expected to show lucrative growth due to increasing R&D expenditure and rising outsourcing trends. The increasing volume of new drugs entering the preclinical phase is also anticipated to boost the market during the forecast period. However, the COVID-19 pandemic had temporarily affected the market owing to the shutdown of research sites due to the implementation of national lockdowns. The market is undergoing a series of mergers and acquisitions, resulting in improvement in full-service capabilities and the internatio

Sepsis Diagnostics Market To Witness A Significant Growth Of USD 1.82 Billion By 2030

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  San Francisco, 17 Jan 2024:  The Report  Sepsis Diagnostics Market  Size, Share & Trends Analysis Report By Product (Assay Kits & Reagents, Blood Culture Media), By Technology, By Pathogen, By Testing Type, By Method, By End-user, By Region, And Segment Forecasts, 2024 - 2030 The global sepsis diagnostics market size is expected to reach USD 1.82 billion by 2030, according to a new report by Grand View Research, Inc. It is expected to expand at a CAGR of 8.0% from 2024 to 2030. The high prevalence of sepsis, the introduction of technologically advanced diagnostic systems, and increasing government initiatives are expected to propel market growth over the forecast period. Sepsis is a bloodstream disease that occurs as a result of a response to pathogenic microorganisms present in the blood. Patients suffering from this disease experience severe inflammation, which leads to prolonged hospitalization. According to the WHO, around 30 million people are estimated to be affected by

Cell Therapy Market Size Is Anticipated To Reach USD 20.07 Billion By 2030

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  San Francisco, 16 Jan 2024:  The Report  Cell Therapy Market  Size, Share & Trends Analysis Report By Therapy Type (Autologous (Stem Cell Therapies, Non-stem Cell Therapies), Allogeneic), By Therapeutic Area, By Region, And Segment Forecasts, 2024 - 2030 The global cell therapy market size is expected to reach USD 20.07 billion by 2030, expanding at a CAGR of 22.66% from 2024 to 2030, according to a new report by Grand View Research, Inc. The market players are witnessing an increasing interest in the development of advanced therapies that are based on tissue, genes, or cells. Research communities and companies continue to make large investments in the culturing and isolation of a broad range of cell types, such as keratinocytes, chondrocytes, cartilage, stem, dermal papilla, & epithelial cells for the development of novel therapies. Regulatory authorities such as FDA play a crucial role in the growth of the market by undertaking initiatives related to the development and app

Wound Care Market To Witness A Significant Growth Of USD 536.75 Billion By 2030

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  San Francisco, 16 Jan 2024:  The Report  Wound Care Market  Size, Share & Trends Analysis Report By Application (Chronic, Acute), By End-use (Hospitals, Nursing Homes), By Product (Advanced, Traditional), By Distribution Channel, By Mode of Purchase, And Segment Forecasts, 2024 - 2030 The global wound care market size is projected to reach USD 29.57 billion by 2030, registering a CAGR of 4.17% from 2024 to 2030, according to a new report by Grand View Research, Inc. Rising volume of surgical procedures, a rapidly aging population, as well as growing number of diabetic patients, are among the major factors driving market’s growth. For instance, according to Ageing Asia, as of 2019, more than 139 million people, i.e., about 10% of India’s total population, were aged over 60 years. This number is expected to increase to 19.5% by 2050. The geriatric population is more susceptible to wounds, and thus, with an increasing geriatric population, the market is anticipated to expand during