Syndicated Research Studies

Point Of Use Water Treatment Systems Industry Overview The global point of use water treatment systems market size was valued at USD 13,510.2 million in 2022 and is anticipated to ascend at a compound annual growth rate (CAGR) of 19.0% from 2023 to 2030. This is attributed to the increasing water pollution, the rising urban population, and growing health awareness among the younger demographic. Stringent regulatory guidelines to restrict pollution in drinking water and global health awareness offered to augment the adoption of water treatment systems are predicted to drive the market over the forecast period. The point of use water treatment systems is priced in an affordable range for consumers. Increasing health awareness in the developed regions like North America and Europe, along with the developing countries in Asia Pacific, is expected to augment the market growth. Gather more insights about the market drivers, restrains and growth of the Global Point Of Use Water Treatment

North America Ambulance Services Industry Overview The North America ambulance services market size was valued at USD 17.08 billion in 2021 and is expected to expand at a compound annual growth rate (CAGR) of 10.08% from 2022 to 2030. The demand for ambulance services is growing owing to a surge in the number of people suffering from different chronic diseases, as well as a spike in the geriatric population. Furthermore, increased healthcare expenditures and the availability of reimbursement policies are projected to drive demand for ambulance services throughout the projection period. Gather more insights about the market drivers, restrains and growth of the North America Ambulance Services Market The constant increase in traumatic accidents is likely to drive market expansion. For instance, according to the Insurance Institute for Highway Safety, in 2019, there were 33,244 fatal motor vehicle crashes in the U.S. of which 36,096 deaths occurred. Moreover, according to the Nationa

Medical Device Cleaning Industry Overview The global medical device cleaning market size was valued at USD 19.5 billion in 2021 and is expected to expand at a compound annual growth rate (CAGR) of 10.5% from 2022 to 2030. The rising prevalence of Hospital-Acquired Infections (HAIs) is expected to be a major factor responsible for the steady growth of the overall market during the forecast period. Diseases, such as Urinary Tract Infections (UTIs), Surgical Site Infections (SSIs), and Methicillin-Resistant Staphylococcus Aureus (MRSA) infections, are some of the most common hospital-acquired infections. High risk of infection from drug-resistant pathogens, bloodborne pathogens, and other infectious agents in operating rooms is one of the major concerns for hospitals. For instance, frequent usage of urinary catheters leads to high risk of UTIs and may result in CAUTIs. Gather more insights about the market drivers, restrains and growth of the Global Medical Device Cleaning Market Ac

Magnetic Resonance Imaging Industry Overview The global magnetic resonance imaging market size was valued at USD 4.8 billion in 2021 and is expected to expand at a CAGR of 7.1% from 2022 to 2030. Magnetic Resonance Imaging (MRI) is an efficient diagnostic machine for identifying diseases related to spine lesions, tumors, and strokes impacting the area of blood vessels and the brain. The increasing prevalence of diseases is driving the market growth. For instance, as per the International Agency for Research on Cancer, in 2020, 19,292,789 new cancer cases were recorded globally. In addition to this, the growing demand for quick and effective diagnostic procedures is expected to contribute to the adoption of MRI machines. Various countries are installing these MRI machines. As per OECD, in 2020 the number of MRI units installed in the U.S. was 34.54 per million population. Furthermore, the integration of artificial intelligence in MRI is also expected to boost market growth. Gather mo

Lit Fiber Industry Overview The global lit fiber market size was valued at USD 3.67 billion in 2021 and is expected to expand at a compound annual growth rate (CAGR) of 16.7% from 2022 to 2030. The rising demand for high bandwidth communication is propelling the growth of the market. Lit fiber networks easily transmit data, including audio, video, and pictures, across a few meters to several kilometers. It is an active cable primarily deployed across the globe and is entirely established, managed, and maintained by service providers. Lit fiber allows enterprises to scale their business, allowing network engineers to maintain and troubleshoot the network, making it more reliable. The IT and Telecommunication sectors have witnessed some significant applications of lit fiber. Technological advancements in the telecom sector have also been attributed to the rise in the deployment of broadband network architecture. Gather more insights about the market drivers, restrains and growth of th

U.S. Medical Billing Outsourcing Industry Overview The U.S. medical billing outsourcing market size was valued at USD 5.2 billion in 2022 and is expected to grow at a compound annual growth rate (CAGR) of 11.56% from 2023 to 2030. Medical billing involves revenue cycle management (RCM), which comprises the most complex and crucial components of the healthcare IT business. Healthcare service providers are facing challenges in managing a large volume of claims and reimbursements, resulting in huge revenue losses. Owing to this, the demand for medical billing outsourcing services is increasing in the U.S. Gather more insights about the market drivers, restrains and growth of the U.S. Medical Billing Outsourcing Market The rising patient load and the need to address the ever-growing record and bills are creating a burden on medical practitioners. To counter such a situation, hospitals are outsourcing the medical billing process, which is expected to drive the market. For instance, in

North America Legal Cannabis Industry Overview The North America legal cannabis market size was valued at USD 15.2 billion in 2022 and is expected to rise steadily with a compound annual growth rate (CAGR) of 14.6% from 2023 to 2030. Cannabis was made illegal by the tax act passed in 1937, California was the first state to make cannabis legal for use in medical applications, in 1996. North America has played a major role in shaping the legal cannabis industry. Maximum states across the U.S. and Canada have legitimized the use of cannabis for medical as well as recreational purposes. The drug has been studied for its effectiveness in managing chronic conditions in a much more efficient manner as compared to a contemporary line of treatment and thus has gained a lot of traction in recent years, propelling the growth of the regional market. Gather more insights about the market drivers, restrains and growth of the North America Legal Cannabis Market Cannabis is used in the form of oi

Identity Verification Industry Overview The global identity verification market size was valued at USD 8.48 billion in 2021 and is expected to expand at a compound annual growth rate (CAGR) of 16.7% from 2022 to 2030. The growing frequency of identity fraud and cybercrime increased digitization initiatives, and the increasing use case of data security across verticals propels the market forward. Furthermore, measures by governments and companies focusing on digitalization and the use of emerging technologies in identity verification systems, such as AI, machine learning, and automation, would present attractive prospects for identity verification suppliers. Gather more insights about the market drivers, restrains and growth of the Global Identity Verification Market Increased regulations and the obligation to comply with standards across all industries, particularly in the financial sector, will likely provide numerous opportunities for market participants. Furthermore, the growi

Fuel Cell Vehicle Industry Overview The global fuel cell vehicle market size was valued at USD 1.14 billion in 2021 and is anticipated to register a CAGR of 49.9% from 2022 to 2030. The surge in population has resulted in rising pollution levels have shifted the trend toward clean fuels and green technology to curb carbon emissions effectively. This had a favorable influence on FCV demand in the recent years. The change from conventional fuel automobiles to environment friendly vehicles has accelerated the demand for FCVs in recent years. Other factors, such as strict environmental laws, the availability of incentives and subsidies for clean fuels, and hazardous gas emissions from combustion engine vehicles, are driving the market growth throughout the forecast period. Furthermore, the increasing awareness regarding vehicle emissions has led manufacturers to design alternate powertrains, increasing the market's development. Gather more insights about the market drivers, restrain

Automotive Textiles Industry Overview The automotive textiles market size was estimated at USD 28,919.6 million in 2021 and is expected to expand at a compounded annual growth rate (CAGR) of 3.2% from 2022 to 2030. Growth in automobile production coupled with the increasing focus on safety devices is expected to propel the market growth during the forecast period. Gather more insights about the market drivers, restrains and growth of the Global Automotive Textiles Market The COVID-19 pandemic had a huge influence on the automotive sector, resulting in a considerable drop in automobile sales and a shortfall of raw materials. Furthermore, the loss of automobile manufacturers throughout the world has had an impact on the automotive fabric industry. Manufacturers have begun to diversify their businesses by producing PPE kits, face masks, and protective shields. The market for automotive textiles is reaching pre-COVID levels, with a strong growth rate predicted during the projection

Prebiotics Industry Overview The global prebiotics market size was valued at USD 6.05 billion in 2021 and is expected to grow at a compound annual growth rate (CAGR) of 14.9% from 2022 to 2030. The growing use of prebiotics in the dairy industry due to its health benefits is projected to augment the demand over the forecast period. In addition, growing technological advancements in developing inulin and oligosaccharides are likely to replace sugar that is anticipated to drive the market over the forecast period. High demand for supplements along with the changing consumer perception regarding the health benefits of fibers is expected to promote growth over the next seven years. Gather more insights about the market drivers, restrains and growth of the Global Prebiotics Market The growing occurrence of gastrointestinal tract diseases, such as constipation, Irritable Bowel Syndrome (IBS), Gastroesophageal Reflux Disease (GRD), and inflammatory bowel disease, have raised concerns re

Ginger Beer Industry Overview The global ginger beer market size was valued at USD 4.38 billion in 2021 and is expected to expand at a compound annual growth rate (CAGR) of 7.1% from 2022 to 2030. The growing demand for low-alcoholic flavored drinks among consumers is anticipated to drive the market over the forecast period. For instance, in June 2021, Docker Brewery and Bakehouse launched a new range of low-alcohol seasonal naturally fermented drinks including ginger beer available with 0.7% ABV content. The product claims to contain lemon juice, water, and sugar. Furthermore, the premiumization of the product with respect to flavors, taste, quality, and package design would further adapt well to the growing trend. Gather more insights about the market drivers, restrains and growth of the Global Ginger Beer Market The COVID-19 outbreak has affected the food and beverage market worldwide. Owing to the prevailing pandemic, many industries were shut down, which, in turn, reduced th

Catheter Industry Overview The global catheter market size was valued at USD 48.4 billion in 2021 and is expected to expand at a compound annual growth rate (CAGR) of 6.5% from 2022 to 2030. The high prevalence rate of chronic disorders leading to hospitalization has fueled the growth of the market. In addition, an increase of midscale catheter manufacturers towards gaining a higher market share as well as a rise in funding by various government bodies toward R&D activities is expected to promote market growth during the forecast period. The COVID-19 is expected to have a positive impact on market. According to National Center for Biotechnology Information, in 2020, both urinary catheter and central line Standardized Utilization Ratio (SUR) increased during the COVID-19 outbreak. Gather more insights about the market drivers, restrains and growth of the Global Catheter Market From 0.88 before the COVID-19 pandemic to 0.92 during the outbreak, the central line SUR increased by

Biopharmaceutical Third-party Logistics Industry Overview The global biopharmaceutical third-party logistics market size was estimated at USD 119.8 billion in 2021 and is projected to expand at a compound annual growth rate (CAGR) of 5.9% over the forecast period. The rising trend of outsourcing logistics, the focus of pharmaceutical players on their distribution network owing to its strong sales numbers, and a rise in the number of biosimilar launches are some of the key factors driving the market. In 2020, the coronavirus pandemic disrupted the biopharmaceutical industry’s supply chain. During the development of the COVID-19 vaccine, the pharmaceutical and cold chain sectors were pushed to innovate, creating temperature-controlled packages to meet the needs of new deep-frozen COVID-19 vaccine storage and increased demand for existing supplies. Gather more insights about the market drivers, restrains and growth of the Global Biopharmaceutical Third-party Logistics Market The ind

Australia Legal Cannabis Industry Overview The Australia legal cannabis market size was valued at USD 66.0 million in 2022 and is expected to expand at a compound annual growth rate (CAGR) of 29.6% from 2023 to 2030. The growth of the market is propelled by the increasing public knowledge of the health benefits of cannabis intake. The growing legalization of marijuana, mostly for medical purposes, is also expected to contribute to the growth of the market in Australia. Some other primary factors fuelling the growth include the expanding legalization, the growing patient population, additional government support, and the presence of local and foreign players in the country. Gather more insights about the market drivers, restrains and growth of the Australia Legal Cannabis Market The increase in medical marijuana output as a result of increasing demands in the pharmaceutical sector is boosting the overall growth of the market. Increased opioid toxicity is expected to increase deman

Wind Power Industry Overview The global wind power market size was valued at USD 99.28 billion in 2021 and is expected to expand at a compounded annual growth rate (CAGR) of 6.5% from 2022 to 2030. The growing need to replace conventional sources of energy with renewable sources is projected to drive the market for wind power in the upcoming years. Solar and wind power generation which were considered expensive two decades ago are now considered more cost-competitive than new-built coal or gas plant today. Moreover, in the coming years, it is expected to become more cost-efficient to build new wind and solar than to run existing coal or gas plants. Gather more insights about the market drivers, restrains and growth of the Global Wind Power Market The urge for dependable, clean, and cheap power is expected to drive the wind power market in the future. Favorable policy structures and regulatory frameworks by various governments across various countries to promote renewable power ge