Posts

Showing posts from September, 2024

Thyroid Gland Disorder Treatment Market 2030: Addressing the Rise of Iodine Deficiency

Image
The global  thyroid gland disorder treatment market  size is expected to reach USD 2.84 billion in 2030 and is projected to grow at a CAGR of 3.6% from 2024 to 2030. An increase in the prevalence of thyroid diseases around the globe is expected to drive demand for anti-thyroid drugs in the coming years. Hypothyroidism is one of the leading causes of hospitalization in U.S. Growing awareness about disease management amongst healthcare professionals and patients is another factor augmenting the market growth. There are various private and public organizations working toward spreading awareness related to disease management, such as the British Thyroid Foundation, The American Thyroid Association (ATA), and Thyroid Foundation of Canada. Rising demand for these drugs has resulted in the development of various generic equivalents of branded drugs to treat thyroid gland disorders. Generic drug manufacturers are focusing on strategies such as new product development, distribution channel enh

Polycystic Ovarian Syndrome Treatment Market 2030: Trends and Growth Drivers

Image
The global  polycystic ovarian syndrome treatment market  size is expected to reach USD 6.99 billion by 2030, registering a CAGR of 6.5% from 2024 to 2030, according to a new report by Grand View Research, Inc. According to the Centers of Disease Control & Prevention (CDC), Polycystic Ovary Syndrome (PCOS) is the most common cause of female infertility. Approximately 6% to 12% women of reproductive age suffer from PCOS in the U. S. Moreover, progression of this condition can lead to metabolic abnormalities, which may result in development of type 2 diabetes, if the syndrome is not treated on time. The severity of the disorder increases the risk of developing uterine and endometrial cancers in patients. Thus, early diagnosis and effective treatment are significant for successful recovery.  Presently, no specific drug is commercially available for this condition. Thus, treating symptoms is the prime aim of the treatment regimen. Owing to the various symptoms associated with this syn

Neuroendoscopy Devices Market 2030: Trends Driving Growth in Healthcare

Image
The global  neuroendoscopy devices market  size is expected to reach USD 793.3 million by 2030, expanding at a CAGR of 10.6% from 2024 to 2030, according to a new report by Grand View Research, Inc. Demand for neuroendoscopy is increasing due to global rise in number of brain tumor cases and growing adoption of minimally invasive surgical procedures.  Conventional surgical procedures of brain such as craniotomy is invasive which includes opening of the skull of the patient. This increases the risk of associated conditions such as stroke or hemorrhage, blindness, deafness and in some cases death. Such high risks associated with the conventional surgical procedures of brain are resulting in replacement by adoption of minimally invasive endoscopic procedures.  In addition, increasing cases of pituitary tumors and increasing prevalence of brain cancer is supporting the growth of the market. Few companies engaged in neuroendoscopy manufacturing are B. Braun Medical Inc., Karl Storz, Olympu

Canned Mushroom Market 2030: Trends and Innovations Driving Growth

Image
The global  canned mushroom market  size is anticipated to reach USD 13.43 billion in 2030 and is projected to grow at a CAGR of 5.8% from 2024 to 2030. Increasing demand for convenient food is a key factor driving the demand for canned mushroom over the forecast period. In addition, increasing consumption in India, China, and Japan is expected to provide growth opportunity for the market from 2024 to 2030. Increasing consumption of shiitake mushroom in Japan, China, and other Asian countries is expected to drive the market over the forecast period. Moreover, growing popularity of mushroom among the vegan population is a key factor driving the demand for shiitake products. Gather more insights about the market drivers, restrains and growth of the Canned Mushroom Market Shifting consumer preference for healthy and nutritional food is expected to fuel demand over the forecast period. Restaurants are expected to expand at the fastest CAGR of 6.15% in the forecasted period. Growing pop

Automotive Robotics Market 2030: Trends Shaping the Future of Manufacturing

Image
The global  automotive robotics market  size is expected to reach USD 42.27 billion by 2030, registering a CAGR of 17.6% from 2024 to 2030, according to a new report by Grand View Research, Inc. The increasing adaptation of automation and robotics within the automotive industry is a major factor expected to drive market growth.  Industrial revolutions and initiatives taken by the government regarding the automation of manufacturing sectors boost the sales of automotive robots. The governments are providing tax exemptions for R&D and providing tax cuts which will reduce the cost of manufacturing and improve the manufacturing opportunities in the countries rather than going for offshore manufacturing. Gather more insights about the market drivers, restrains and growth of the Automotive Robotics Market Articulated robots are expected to grow over the forecast period due to their flexibility and various operations that can be performed by the six axes robots. It can be used for var

Structural Biology & Molecular Modeling Techniques Market 2030: Key Growth Drivers and Trends

Image
The global  structural biology & molecular modeling techniques market  size is expected to reach USD 19.17 billion by 2030, registering to grow at a CAGR of 15.4% from 2024 to 2030 according to a new report by Grand View Research, Inc. An unprecedented rise in the adoption of unhealthy lifestyles has led to an upsurge in the prevalence of chronic diseases, such as diabetes and cancer, which is presumed to propel the market growth during the forecast period. Moreover, increasing drug resistance coupled with the high drug attrition rate is engendering the requirement for extensive R&D activities, which is presumed to boost the adoption of structural biology & molecular modeling techniques in the drug discovery and development process. This is expected to serve as an efficient approach in fast tracking the development of drugs with high potency. Gather more insights about the market drivers, restrains and growth of the Structural Biology & Molecular Modeling Techniques M

Neem Extracts Market 2030: Growth Insights and Forecast Analysis

Image
The global  neem extracts market  size is expected to reach USD 3.96 billion by 2030, registering a CAGR of 11.3% during the forecast period, according to a new report by Grand View Research, Inc. The rising importance of biofertilizers in developed regions including North America and Europe owing to stringent government regulations on the use of chemical fertilizers is likely to boost neem extracts market over the forecast period. Moreover, neem extracts are extensively used in the manufacture of high-quality herbal cosmetics and beauty products. Demand for these products is increasing globally owing to their efficiency and low side effects which are expected to result in high demand. Growing demand for biopesticides and bioinsecticides is likely to drive the neem extracts market over the next six years. Hostile responses received from consumers on the use of chemical fertilizers owing to environmental and health concerns are expected to drive the neem extracts market, especially in

Dishwasher Market 2030: Growth Insights and Industry Forecast

Image
The global  dishwasher market  size is expected to reach USD 14.91 billion by 2030, expanding at a CAGR of 7.2% from 2024 to 2030, according to a new report by Grand View Research, Inc. Rising number of working population along with the hectic schedules is projected to drive the product demand. Furthermore, the growing awareness about hygiene and cleanliness is expected to accelerate the growth. The built-in segment is anticipated to register the fastest CAGR of 7.8% from 2019 to 2025. The advanced features of built-in products, including specialized targeted sprays, wash cycles, and multiple spray arms, are attracting the consumers. In addition, growing demand for modular kitchens is anticipated to further fuel the demand for built-in kitchen appliances that save space, time, and resources. Gather more insights about the market drivers, restrains and growth of the Dishwasher Market The commercial application held the leading dishwasher market share of more than 60% of the global r

Ceramic Sanitary Ware Market 2030: Growth Drivers and Market Insights

Image
The global  ceramic sanitary ware market  size is expected to reach USD 80.99 billion by 2030, registering a CAGR of 9.4% from 2024 to 2030, according to a new report by Grand View Research, Inc. Growing consumer awareness regarding sanitation and hygiene as a result of supportive initiatives by the government, corporate, and NGOs is expected to have a positive impact on the market growth. Furthermore, growing popularity of ceramic sanitary ware as aesthetic materials with excellent properties of corrosion and abrasion resistant and glossy surface is projected to expand the industry size over the next few years. The toilet sinks and water closets segment dominated the market in 2018 and is expected to maintain its lead over the next few years. The industry participants have been increasing their spending on launching water closets that not only guarantee the maintenance of hygienic standards but also provide timeless aesthetic values to the consumers. For instance, in January 2019, HS

Cellular IoT Market 2030: Key Players and Competitive Landscape

Image
The global  cellular IoT market  size is expected to reach USD 31.69 billion by 2030, expanding at a CAGR of 27.1% from 2024 to 2030, according to a new report by Grand View Research, Inc. The hype around Internet of Things (IoT) and its tremendous potential to revolutionize machine-to-machine and machine-to-human communications has reached its peak, owing to which numerous technology vendors are prodding different variants of emerging technologies to capitalize on this opportunity. With increased pervasiveness of cellular connectivity and the ready availability of its extensive networks, mobile broadband is anticipated to gain unprecedented significance in IoT. An important aspect of the growth of cellular IoT is its ability to leverage mobility and range as compared to other IoT access methods, which can be the major differentiating factor over its contemporary service delivery techniques. In addition, cellular networks operate on the existing network infrastructure and offer reliab

Transplant Diagnostics Market 2030: The Importance of Compatibility Testing

Image
The global  transplant diagnostics market  size is expected to reach USD 9.74 billion by 2030, registering a CAGR of 7.3% from 2024 to 2030, according to a new report by Grand View Research, Inc. An increasing number of patients suffering from chronic diseases frequently leading to organ failure is creating an upsurge in demand for transplant procedures. In addition, the adoption of stem cell therapy and personalized medicine is escalating, thereby influencing demand for transplant diagnostics. Risks and complexities associated with organ transplants necessitate the need for improved and sophisticated diagnostic tools. Next-Generation Sequencing (NGS) technology is rapidly replacing traditional diagnostic methods, such as serological techniques employed in Human Leukocyte Antigen (HLA) typing, owing to the growing demand for high-throughput diagnostic tools with enhanced accuracy. Market growth is expected to be restrained by factors such as reimbursement controversies and ethical is

Residential Washing Machine Market 2030: Key Trends and Projections

Image
The global  residential washing machine market  size is expected to reach USD 113.0 billion by 2030, according to a new report by Grand View Research, Inc. It is projected to register a CAGR of 6.6% from 2024 to 2030. Rising standard of living coupled with the rapid urbanization across the globe is expected to drive the growth. Moreover, significant improvement of electricity infrastructure in developing countries including India, Indonesia, and China is expected to further fuel the product demand. The fully automatic segment is expected to witness the fastest CAGR during the forecast period, owing to the ease of operation, high energy efficiency, and less water consumption and drying times. Major manufacturers including Samsung Electronics Co. Ltd.; Whirlpool Corporation; and LG Electronics Inc. are introducing latest technologies such as Internet of Things (IoT) to gain competitive edge in the market. For instance, in February 2018, Samsung Electronics Co. Ltd. announced to introduc

Multiple Sclerosis Therapeutic Market 2030: Innovations in Disease-Modifying Therapies

Image
The global  multiple sclerosis therapeutic market  size is expected to reach USD 38.62 billion by 2030, registering a CAGR of 5.9% from 2024 to 2030, according to a new report by Grand View Research, Inc. The presence of high unmet clinical needs in developing regions is one of the highest impact rendering drivers of the multiple sclerosis therapeutics market. Many organizations over the globe are actively involved in spreading awareness among people regarding progressive multiple sclerosis and the symptoms associated with it. Some notable examples include the National Multiple Sclerosis Society (NMSS) in the U.S., Multiple Sclerosis International Federation in Canada, European Multiple Sclerosis Platform (EMSP), and the Multiple Sclerosis Society (MSC). Gather more insights about the market drivers, restrains and growth of the Multiple Sclerosis Therapeutic Market Reimbursement programs are also anticipated to enhance the penetration of multiple sclerosis drugs. For instance, In J

Luxury Leather Goods Market 2030: Insights into Consumer Preferences

Image
The global  luxury leather goods market  size is expected to reach USD 140.55 billion by 2030, expanding at a CAGR of 5.4%, according to a new report by Grand View Research, Inc. Rising demand for luxury products among consumers to showcase their status, increasing disposable income and purchasing power of consumers, and rise in the number of brand obsessed people are driving the market. Rising fashion consciousness among men, along with women, is attracting various brands to expand their product portfolio in the men’s segment. Apart from the traditional luxury brand, recent affordable luxury brands are also gaining importance in the market. Various startups have come up with customized lavish products as per the demand of consumers. For instance, 1Atelier allows customers to customize the color and hardware of their leather hand bags. The strong brand recognition, along with high unit price, is driving the sales of these products in the market. Gather more insights about the market

Gas Chromatography Market 2030: Forecasting Growth Trends and Key Drivers

Image
The global  gas chromatography market  size is expected to reach USD 5.90 billion by 2030, registering to grow at a CAGR of 6.5% from 2024 to 2030 according to a new report by Grand View Research, Inc, owing to increasing government investments in chromatography technologies coupled with rising collaborations between chromatography manufacturers and research laboratories.  Government in some parts of the world are investing in the chromatography techniques. For instance, Government of Canada has invested into business innovation initiative that is likely to help southern Ontario companies such as Natrix Separations, Inc. for developing new ideas and take their innovations to market. This funding is expected to assist the company in designing a prototype and developing single-use membrane-based chromatography products for large-scale biopharmaceutical manufacturing. Gather more insights about the market drivers, restrains and growth of the Gas Chromatography Market Rising collaborat

Radiation Detection, Monitoring And Safety Market 2030: Understanding Market Dynamics

Image
The global  radiation detection, monitoring and safety market  size is expected to reach USD 2.52 billion by 2030, registering a CAGR of 7.4% from 2024 to 2030, according to a new report by Grand View Research, Inc., given the contentious nature of radioactive material, employed in varied spheres including consumer products, such as fluorescent lamps and radio luminous products, and in the field of nuclear medicine, there is an urging need for caution in their use. Dosimeters that furnish radioactivity measurements serve as effective tools to maintain prescribed levels, laid down by international authorities. As a consequence, a high demand for these measuring instruments is anticipated and consequentially, the radiation detection, monitoring, and safety market is set to witness profitable growth. Gather more insights about the market drivers, restrains and growth of the Radiation Detection, Monitoring And Safety Market Furthermore, increasing adoption of radioactive material in ma

Myelodysplastic Syndrome Drugs Market 2030: Challenges and Opportunities Ahead

Image
The global  myelodysplastic syndrome drugs market  size is expected to reach USD 5.28 billion by 2030, exhibiting at a CAGR of 9.1% from 2024 to 2030, according to a new report by Grand View Research, Inc. Factors such as strong product pipeline, rising geriatric population, and favorable government initiatives are driving the market. MDS is caused by mutation of one or more genes that control development of blood cells. Patients with this condition may present with clinical manifestations such as thrombocytopenia, neutropenia, and anemia. Although majority of cases (over 90%) are reported in people over the age of 60, the condition can occur at any age, more frequently in men than in women. About 30% of MDS cases advance to acute myeloid leukemia (AML). Gather more insights about the market drivers, restrains and growth of the Myelodysplastic Syndrome Drugs Market The immunomodulatory drug segment is expected to retain its dominant position in the MDS drugs market due to strong sa

Hyper-converged Infrastructure Market 2030: Driving Forces Behind Growth

Image
The global  hyper-converged infrastructure market  is estimated to reach USD 49.75 billion by 2030, expected to grow at a CAGR of 23.5% from 2024 to 2030, according to a report by Grand View Research, Inc. Hyper-converged infrastructure is a software-based architecture that integrates storage, compute, virtualization, and networking resources in a box. The HCI systems are supported by a single vendor. They eliminate the need for making individual purchases of servers and virtualization software running on those servers and management tools, and do not require the installation of Storage-area Network (SAN) or Network-attached Storage (NAS). This integration, in turn, reduces the overall cost of the hyper-converged infrastructure system. The HCI market is still in its introductory stage and the adoption of Virtual Desktop Infrastructure (VDI) is anticipated to boost the industry growth over the next seven years. The industry is expected to witness tremendous growth, owing to the increas

Bioceramics Market 2030: Key Drivers Behind Expanding Demand

Image
The global  bioceramics market  size is expected to reach USD 12.33 billion by 2030, according to a new report by Grand View Research, Inc. It is expected to expand at a CAGR of 7.0% from 2024 to 2030. Rising ageing population coupled with increasing occurrences of osteoarthritis is expected to augment market growth over the next seven years. Growing need to maintain a healthy lifestyle coupled with introduction of new low cost preventive care measures has led to the utilization of medical devices, which is expected to augment expansion of the industry.  Alumina dominated the global market, in terms of material, accounting for over 62% in 2014. Bioinertness, hardness and high abrasion resistance are some of its qualities, resulting in the extensive use of alumina implants for dental and joint applications. Growing demand for biocompatible materials to increase acceptance by the patients’ body as well as reduce the occurrence of infections post surgery is expected to augment demand for