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Showing posts from January, 2025

Medical Textiles Market 2030: Transforming Surgical Procedures with Smart Fabrics

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Medical Textiles Market Growth & Trends The global medical textiles market size is expected to reach USD 48.04 billion by 2030, according to a new report by Grand View Research, Inc. It is projected to grow at a CAGR of 4.3% from 2023 to 2030. The emergence of new areas of applications of medical textiles, along with the development of new fibers and manufacturing technologies for yarn and fabrics, is expected to drive market growth over the forecast period. Medical textiles play a crucial role in the healthcare sector, in various areas, such as hygiene maintenance, infection control, and life-saving interventions for critically-ill patients. The global demand for medical textiles is increasing due to factors, such as an aging population, increased accidents, and lifestyle diseases. In addition, government initiatives, growing hygiene awareness, medical tourism, and advancements in textile technology are fueling the growth of the medical textiles industry. Gather mo...

Intracranial Pressure Monitoring Devices Market 2030: The Role of Technology in Patient Care

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Intracranial Pressure Monitoring Devices Market Growth & Trends The global intracranial pressure monitoring devices market size is expected to reach USD 2.85 billion by 2030, registering a CAGR of 7.8% over the forecast period, according to a new report by Grand View Research, Inc. The primary driving factors for market growth are increasing adoption of minimally invasive surgeries, high demand in trauma care, and technological advancements. The COVID-19 pandemic is expected to have a short-term and moderate impact on the market. According to a research study  “COVID-19 and stroke: A review” published in Elsevier journal (International Hemorrhagic Stroke Association) (Jan 2021), up to 36% of hospitalized COVID-19 patients might exhibit neurological symptoms and there were several cases related to ischemic and hemorrhagic infarction. In addition, according to this study, 606 adults affected with COVID-19 were detected with brain or other nerve-related med...

Fresh Fish Market 2030: Insights into Pelagic and Demersal Fish Trends

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Fresh Fish Market Growth & Trends The global fresh fish market size is expected to reach USD 291.3 billion by 2030, according to a new report by Grand View Research, Inc. It is expected to expand at a CAGR of 3.0% from 2025 to 2030. The market is driven by a combination of rising consumer demand, health consciousness, and changing dietary preferences. As populations around the world become more health-aware, fish has increasingly been recognized for its numerous nutritional benefits, including high-quality protein, omega-3 fatty acids, and essential vitamins. This awareness has spurred consumer interest in fresh seafood as a valuable addition to a balanced diet, pushing the market toward significant expansion. Additionally, the growing trend of clean eating, where consumers seek unprocessed and natural food options, further propels the demand for fresh fish. Sustainability is crucial as a market trend and demand driver in the global fresh fish sector. With overfishing an...

Electric Vehicle Battery Recycling Market 2030: The Shift Towards Eco-Friendly Practices

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Electric Vehicle Battery Recycling Market Growth & Trends The global electric vehicle battery recycling market size is expected to reach USD 10.45 billion by 2030, according to a new report by Grand View Research, Inc. The market is expected to expand at a CAGR of 61.7% from 2023 to 2030. The market for EV battery recycling is anticipated to be driven by the increasing popularity of electric vehicles (EVs) and renewable energy storage systems, leading to a higher demand for batteries, which drives the need for recycling. Governments globally are implementing regulations to promote recycling of batteries and reduce their environmental impact, which is expected to boost recycling market growth. As battery recycling technologies continue to evolve and improve, there is an opportunity for companies in the market for EV battery recycling to develop new and more efficient processes. This requires investment in R&D and the ability to adapt to the changing bat...

Coronary Artery Bypass Graft Market 2030: Key Players Leading the Charge

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Coronary Artery Bypass Graft Market Growth & Trends The global coronary artery bypass graft market size is expected to reach USD 24.06 billion by 2030, registering a CAGR of 9.4% from 2024 to 2030, based on a new report by Grand View Research, Inc. The primary factor driving the industry is an increase in the prevalence of hypertension and cases of myocardial infarction. The American Heart Association estimated that in 2020, Coronary Heart Disease (CHD) was the leading cause of death in the U.S. In addition, the rising technological advancements have led to the development of endoscopic bypass surgery that offers various benefits compared to traditional bypass surgery. Such kind of advancements are contributing to the market growth. Furthermore, the rising geriatric population is influencing market growth. The aged population is more prone to coronary artery blockages, and studies show that the average age of people undergoing Coronary Artery Bypass Graft (CABG) procedur...

Automotive Transmission Market 2030: The Rise of Automatic Systems

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Automotive Transmission Market Growth & Trends The global automotive transmission market size is expected to reach USD 234.87 billion by 2030, registering a CAGR of 5.6% from 2025 to 2030, according to a new report by Grand View Research, Inc. The Covid-19 pandemic has adversely affected the automobile industry, leading to a decline in the growth of this market. Increasing concerns regarding global warming and pollution have led to various stringent government regulations pertaining to vehicular emissions. Such regulatory guidelines have propelled component suppliers to manufacture eco-friendly and high-efficiency transmission systems for domestic and international markets. Thus, increasing emission standards worldwide are one of the key factors driving the growth of the market. Emission performance standards set a limit on the amount of various gases permissible for emission. While the main goal of these standards is to direct the limit for pollutants, such as nitr...

Vendor Risk Management Market 2030: Innovations Driving Enhanced Security

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Vendor Risk Management Market Growth & Trends The global vendor risk management market size is expected to reach USD 24.95 billion by 2030, according to a new study conducted by Grand View Research, Inc. It is expected to expand at a CAGR of 15.2% from 2025 to 2030. Enterprises have been outsourcing critical tasks to their vendors, which considerably brings benefits and risks. Many events such as the COVID-19 pandemic, the Colonial Pipeline attack, SolarWinds cyber-attack, and other ransomware breaches have further increased the scope of risks associated with vendors. Thus, enterprises are exceedingly opting for advanced vendor risk management solutions to identify, understand, mitigate, and reduce the impact of hazards. As a result, the global market is anticipated to progress significantly through the forecast period. Gather more insights about the market drivers, restrains and growth of the Vendor Risk Management Market The outbreak of the COVID-19 pandemic is ...

Structural Insulated Panels Market 2028: Innovations Shaping the Future

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Structural Insulated Panels Market Growth & Trends The global structural insulated panels market size is expected to reach USD 17.19 billion by 2028, according to a new report by Grand View Research, Inc., expanding at a CAGR of 5.5% over the forecast period. Growing emphasis on constructing energy-efficient building structures and the rising investments in the renovation of old buildings are some of the major factors expected to boost the product demand. Governments across the world are providing various incentives to construction companies and building contractors to promote energy-efficient building structures. For instance, the U.S. government, through its Weatherization Assistance Program (WAP), is incentivizing the improvement of thermal insulation in low-income households, which is expected to promote the demand for structural insulated panels (SIPs). Gather more insights about the market drivers, restrains and growth of the Structural Insulated Panels Market K...

Roofing Materials Market 2030: The Impact of Urbanization on Growth

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Roofing Materials Market Growth & Trends The global roofing materials market size is expected to reach USD 168.25 billion by 2030, registering a CAGR of 3.9% from 2024 to 2030, according to a new report by Grand View Research, Inc. Increasing investments in the renovation and redevelopment of residential and non-residential buildings are expected to drive the market growth. Furthermore, renovating and remodeling are significant factors for the long-term maintenance of properties. The preference renovating existing buildings over buying new homes is anticipated to give a rise to roof replacements. The industry has been significantly growing owing to an increase in the number of roof replacement projects globally. However, rising adoption of cost-effective solutions such as roof coatings hampers the demand for roof replacements, thereby negatively impacting the market growth. Gather more insights about the market drivers, restrains and growth of the Roofing Materials Mark...

Personal Care Shower And Bath Market 2028: The Growth of Solid Soap Alternatives

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Personal Care Shower And Bath Market Growth & Trends  The global personal care shower and bath market size is expected to reach USD 123.5 billion by 2028, according to a new report by Grand View Research, Inc. It is expected to expand at a CAGR of 5.8% from 2022 to 2028. The market growth can be credited to the rising demand for herbal shower and bath products in China and India. Moreover, the expanding opportunity for long-lasting scent products is anticipated to boost the market growth over the forecast period. The increasing demand for glossy repair shampoo products to aid dandruff issues is the major factor driving the market. Moreover, the growing focus in Europe on germ protection and moisturizing is projected to boost market growth. The increasing demand to procure head and body wash products with minimal cost is expected to offer growth opportunities for the market. There are several aromas and floral scents that are used while preparing the shower and bathi...

Medical Supply Delivery Service Market 2030: The Rise of Drone Deliveries

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Medical Supply Delivery Service Market Growth & Trends The global medical supply delivery service market size is expected to reach USD 115.4 billion by 2030, registering a CAGR of 7.5% from 2023 to 2030, according to a new report by Grand View Research, Inc. The growing need for ensuring quick, safe, and secure transportation of samples and specimens for testing, reducing logistics costs, and increasing focus on improving the healthcare system is increasing the demand for medical supply delivery services. The increasing incidence of road accidents owing to various factors leading to blood loss and immediate requirement for blood is boosting the market growth. Furthermore, the growing geriatric population, rising incidence of diabetes and hypertension, and the rising surgical procedures for organ transplants are driving the market growth. The medical supplies application segment accounted for the largest revenue share in 2022 owing to the increasing incidence of chronic d...

Infection Control Market 2030: Innovations Shaping Healthcare

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Infection Control Market Growth & Trends The global infection control market size is expected to reach USD 359.6 billion by 2030, according to a new report by Grand View Research, Inc. The market is expected to register a CAGR of 6.7% from 2023 to 2030. The market is driven by rising concerns with respect to a significant upsurge in hospital-acquired infections globally. This is believed to facilitate greater penetration of infection control products. An influx in the development of new biologics and subsequent demand for sterilized formulations serve as key growth factors for the overall market. Healthcare organizations are focused on implementing strategies for early recognition, reporting, isolation, and surveillance of disease episodes of potential public health concern. In addition, an increasing number of intensive training modules, for nurses and other medical staff, on infection prevention and control is presumed to provide high potential for exten...

Hard Kombucha Market 2030: Trends in Distribution Channels

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Hard Kombucha Market Growth & Trends The global hard kombucha market size is expected to reach USD 273.2 million by 2030, registering a CAGR of 23.5% over the forecast period, according to a new report by Grand View Research, Inc. Shifting consumer preference for moderate alcohol content beverages, particularly among millennials and the working-class population, is expected to integrate well with the growth of the market. According to an article published by BNP Media, in February 2022, U.S. kombucha sales increased by 11% between the years 2018 and 2021. This suggests an upward growth trend for the hard market in the coming years. Rising product popularity as low-calorie, low-carb, and low-sugar alternative alcoholic drinks to traditional alcoholic beverages among the health-conscious demographics across the world is expected to accelerate the market. Furthermore, the rising adoption of new flavors is likely to provide growth opportunities to the key market pl...

Data Fabric Market 2030: The Future of Big Data Integration

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Data Fabric Market Growth & Trends The global data fabric market size is expected to reach USD 8.49 billion by 2030, according to a new report by Grand View Research, Inc. The market is expected to expand at a CAGR of 21.2% from 2022 to 2030. In an extensive data system, data fabric is one of the most significant architectures, providing seamless, real-time integration and access across diversified data silos. There is a considerable growth opportunity in the market that will revolutionize how data is collected, analyzed, and managed. Data analytics and big data play a more significant role in driving the growth of the global market since they integrate disparate sources of data and provide analytics on them. As data accessibility and business agility become more critical, there is an increase in the adoption of data fabric platforms, which give tools access to data through a wide range of interfaces. However, a lack of data fabric awareness and the absence of a ski...

Biosimilars Market 2030: Cost-Effective Solutions for Patients

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Biosimilars Market Growth & Trends The global biosimilars market size is expected to reach USD 76.2 billion by 2030, registering a CAGR of 15.9% from 2023 to 2030, according to a new report by Grand View Research, Inc. The growth of this market can be attributed to their cost effectiveness for both patients & manufacturers and the increasing prevalence of chronic & non-communicable diseases, such as cancer and anemia. According to the World Health Organization estimates, 40% of children below five years of age, and 30% of women between the age group of 15 and 49 years are suffering from anemia. Moreover, biosimilar drugs offer almost similar results and are considered a more affordable alternative to their reference biologics. Since they are almost similar, the producers of biologics also have to lower their prices to compete with biosimilars, which reduce the cost of the overall treatment. For instance, a report published by Biosimilars Forum in April 2021 ...

Waterless Cosmetics Market 2028: Innovations in Skincare Products

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Waterless Cosmetics Market Growth & Trends The global waterless cosmetics market size is expected to reach USD 17.2 billion by 2028, registering a CAGR of 10.6% during the forecast period, according to a new report by Grand View Research, Inc. The rising inclination of consumers toward environment-friendly and sustainable beauty products, coupled with the growing global awareness about the benefits of waterless products, has projected lucrative market growth in the forecast period. Moreover, the increasing demand for high-priced premium cosmetics products due to the rising disposable income is driving the global market. An increase in awareness regarding clean beauty has led to the need for healthier and more sustainable alternatives in the cosmetics industry, which in turn increases the demand for waterless cosmetics products. Rising interest to maintain a youthful appearance and improve the lifestyle are some major factors driving the market for waterless cosmetics. Fu...

Super-resolution Microscopes Market 2030: The Impact of COVID-19 on Demand

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Super-resolution Microscopes Market Growth & Trends The global super-resolution microscopes market size is expected to reach USD 6.6 billion by 2030, according to a new report by Grand View Research, Inc. The market is expected to expand at a CAGR of 9.04% from 2023 to 2030. Increasing application in cell biology and biomedical imaging is a key factor expected to drive the market over the forecast period. Governments all over the world are supporting R&D for innovative technology, majorly nanotechnology research to help build improved nanoimaging technology-based super-resolution microscopes. The National Institutes of Health in the U.S. established a trans-NH bioengineering nanotechnology program to solicit grant applications for biomedical nanotechnologies. The U.K. government spent EUR 81 million (USD 105 million) on the development of advanced 3D imaging technology in February 2020. Gather more insights about the market drivers, restrains and growth of the Super...

Reclaimed Lumber Market 2030: The Impact of Urbanization on Demand

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Reclaimed Lumber Market Growth & Trends The global reclaimed lumber market size is expected to reach USD 78.16 billion by 2030 registering a CAGR of 4.7% over the forecast period, according to a new report by Grand View Research, Inc. The global market is fueled by increasing awareness about the product among building material consumers and rising demand for green building materials. The global industry growth is also credited to the burgeoning demand for wood-based products in flooring, furniture, paneling & siding, and architectural millwork owing to their durability and aesthetics. The antique look and aesthetic appeal offered by these products are the major factors responsible for its high demand. Increased penetration of the product in the construction industry due to factors, such as its eco-friendly nature, availability of a wide range of products under LEED certifications, and rising adoption of green building construction materials, is expect...