Market Research

  Market Overview:               During the forecast period, the optical imaging market is anticipated to see a CAGR of 11.4%. (2021 - 2026). In the medical office or operating room, optical imaging has the potential to significantly improve disease prevention, diagnosis, and treatment. The ability to distinguish between soft tissues and between the afflicted tissues is provided by optical imaging. The ability of optical imaging to distinguish between infectious and healthy tissues is opening up a wealth of opportunities for the medical diagnosis sector. Additionally, compared to other adverse impacts of radiation-based imaging, optical imaging uses non-ionizing radiation, which considerably minimises patient radiation exposure. This feature enables the patient to undergo ongoing, repeated studies. Key Market Trends:          The prevalence of cancer is an issue in global health that is only becoming worse. IARC predi...

  Market Overview:                Over the projected period, 2022–2027, the mycoplasma testing market is anticipated to grow at a strong CAGR of 13%. The market for mycoplasma testing is also being driven by factors like high spending on R&D by biopharmaceutical companies, increased government initiatives and funding for research activities, technological advancements, rising demand for quick, accurate, and affordable testing, and rising cell culture contamination. According to a study published in October 2021 titled "Point-of-care molecular diagnosis of Mycoplasma pneumonia including macrolide sensitivity using quenching probe polymerase chain reaction," the Smart Gene system is a quick and reliable assay for simultaneously detecting the presence of M. pneumoniae and a point mutation at domain V of the 23S rRNA gene of M. pneumoniae. Key Market Trends:          The market for mycoplasma testing is now dominated ...

Market Overview:                During the projection period, the GCC textile industry is anticipated to grow at a rate of more than 4%. (2022-2027) Despite not being promoted or publicised, the United Arab Emirates (UAE) boasts a sizable textile sector in the GCC. It produces goods for local consumption such child safety seats, drapes, luggage, and some high-end clothing. However, woven products like knitwear are its best-selling textiles. Textiles are now the second-largest industry in terms of employment and income in the nation after oil. The UAE has a sizable domestic client base in addition to exporting to more than 50 nations. The home textile business in Saudi Arabia is anticipated to be driven by changes in end-user categories, like residential and commercial (hospitality), as well as growing awareness of shifting preferences in domestic interior décor. The demand for household textiles such bedding, bed sheets, towels, blankets, and cove...

  Market Overview:                 The market for managed infrastructure services was estimated to be worth USD 80.45 billion in 2020; by 2026, it is anticipated to have grown to USD 143.23 billion, registering a CAGR of 9.95% over the five-year period from 2021 to 2026. New business imperatives are being produced by technological trends including analytics, cloud computing, IoT, and cognitive computing. These digital technologies are being embraced by businesses to create novel business models, enhance operational efficiency, empower employees, and customise the customer experience. The market is being driven by the growth of cloud-based technology and the proliferation of new technologies. Over the past few years, break-fix and server troubleshooting tasks have been outsourced to reduce staff time spent on IT and to take advantage of IT service providers' knowledge. Infrastructure has been modernised as a result of the increased accept...

  Market Overview:                The market for metal matrix composites was valued at USD 396.66 million in 2022 and is anticipated to grow at a CAGR of more than 6% from 2022 to 2027. In 2021, North America held the largest market share. However, it is anticipated that Asia-Pacific would control the market over the projection period. The aerospace and defence industries' growing need for lightweight materials and metal matrix composites' better characteristics to metals are the main market-driving factors. However, the market suffered greatly from the downturn in auto output. The automotive and locomotive industries historically held the largest market share among end-user industries, but the electrical and electronics industry is anticipated to rule the market throughout the projection period. Key Market Trends:          Many different electrical and electronic components and gadgets use metal matrix composites. Fo...

  Market Overview:                Over the projection period of 2021–2026, it is anticipated that the worldwide finance cloud market will have a CAGR of 22.3%. Cloud technology boosts lead generation and income by improving lead quality and price. In order to promptly respond to consumer questions and concerns while considering the long-term advantages and gaining a competitive advantage, banking services, financial institutions, and insurance firms are choosing digital apps. For instance, Ess Kay Fincorp decided to automate all aspects of its lending operations in order to cut the time it takes to approve loans by 33%. Another reason fueling the expansion of the financial cloud market is operational effectiveness. Instead of taking three days, Roha Housing Finance wants to give loans immediately. Key Market Trends:          A growth in wealth management specialists coincides with rising global wealth. According to th...

  Market Overview:                The rise in tobacco use, the incidence of respiratory disorders, and technological advancements in oxygen therapy are the main drivers of market growth for oxygen therapy equipment. The primary factor anticipated to propel the market's overall expansion over the forecast period is the rising prevalence of respiratory disorders. Chronic obstructive pulmonary disease (COPD), according to statistics from the World Health Organization (WHO) and the Global Burden of Disease Study, was present in 251 million cases worldwide in 2016. Due to the greater smoking prevalence and ageing populations in many nations, COPD cases are anticipated to rise internationally. Key Market Trends:          The airways and other areas of the lungs are continuously affected by chronic respiratory illnesses. In primary health care facilities, one of the most common reasons for doctor and physician consultations ...

  Market Overview:                The largest cause of preventable fatalities is now cardiovascular disease, which includes heart attacks, strokes, and other circulatory illnesses. According to the World Health Organization, over 17.9 million fatalities worldwide occur each year as a result of cardiovascular diseases, and by 2030, this number is projected to rise to almost 23.6 million. As a result, the prevalence of cardiovascular disorders is boosting the market for angiography devices, which could eventually lead to market expansion. Additionally, the market is expanding as a result of additional factors like the quick development of technology, rising public awareness, and a strong preference for minimally invasive operations. Key Market Trends:          The availability of a larger patient pool, high resource availability, high penetration in various geographic locations, availability of accompanying healthcare i...

  Market Overview:                The commercial satellite imaging market was estimated to be worth USD 4.15 billion in 2022, and it is anticipated to grow at a CAGR of 11.25% to reach USD 7.08 billion by 2027. (2022-2027). Due to its extensive global coverage and speedy picture data delivery, satellite imaging has transcended the use of terrestrial and aerial imagery by surpassing the restrictions of geographical reach. Governmental agencies are assisting satellite imaging's expansion because of its importance. The US Department of Commerce loosened regulations on image resolution in the US, assisting local businesses in raising the calibre of their photos. Key Market Trends:          Military and defence uses of commercial satellite images have been the main end-user verticals. The segment's expansion has been driven by security and surveillance applications, which have traditionally been essential components of any...

  Market Overview:                The words "education" and "entertainment" have been combined to form the term "edutainment". In addition to having educational components, edutainment facilities include aquariums, zoos, botanical gardens, scientific centres, and children's museums. These locations are frequently visited by children or their parents during field trips. Therefore, edutainment centres are those that offer learning through entertainment. The fact that education is increasingly being combined with entertainment models to keep millennials interested in the quality of education needed to handle the more recent issues on both a personal and professional level is another indication that we are in the information era. There are many factors influencing this market's growth. a. Game design is simple. b. global expansion of the edutainment industry c. Excellent platform for topics like history and other languages d. a rise in investment...

  Market Overview:                During the forecast period, the market for defoamers is anticipated to grow at a CAGR of over 4%. The increased manufacturing of paints and coatings is one of the main factors influencing the market under study. However, the unfavourable effects of the COVID-19 epidemic are anticipated to limit the market. Future market growth is projected to be aided by the rising demand for eco-friendly defoamers. The largest percentage of the global market was accounted for by Asia-Pacific. Key Market Trends:           The defoamers are used in systems for treating wastewater in both industrial and municipal settings. The use of defoamers in various processes improves their output volume, manufacturing capacity, and operational costs. Due to biological activity, mechanical action, chemical pollution, surfactants in the influent, or some polymer treatments, foam can develop in wastewater treatment s...

  Market Overview:                The App Analytics Market is anticipated to have a CAGR of almost 20% over the course of the projected period (2021 - 2026). The primary driver of this rise is the expanding use of mobile and online applications across numerous end-user sectors. Numerous businesses from all sectors are quickly adopting digitalization, which is a major driver of consumer adoption of mobile and web apps. According to a research by App Annie, there were 204 billion mobile apps downloaded worldwide in 2019 compared to 140.68 billion in 2016. For instance, a research by Ofcom found that the majority of individuals in the UK are reliant on their digital devices and require a continual internet connection. In the UK, 78% of individuals had smartphones in 2018 compared to 17% in 2008, with 95% of 16 to 24 year olds owning one. People in the UK now check their cellphones on average every 12 minutes while awake, according to a 2018 Ofco...

  Market Overview:                The market for idiopathic pulmonary fibrosis is anticipated to reach USD 5,723.69 million by 2027, recording a CAGR of 7.55% over the forecast period of 2022–2027. The market is likely to be worth USD 3,669.25 million in 2021. The respiratory system is impacted by severe coronavirus disease 2019 (COVID-19), which progresses to respiratory failure. It is believed that patients who already have chronic lung conditions such idiopathic pulmonary fibrosis (IPF) are at a higher risk of dying. A major portion of the acute exacerbation (AE) that IPF patients frequently experience is thought to be brought on by a respiratory viral infection. Public authorities, governmental organisations, and major market players are placing more emphasis on the development of efficient treatment options as a result of the rise in the frequency and incidence rate of idiopathic pulmonary fibrosis (IPF) disease. As a result, the market ...

  Market Overview:                Over the course of the forecast period, the market for porcine vaccines is anticipated to develop at a rate of about 6.9%. (2022-2027). The main players' expanding R&D efforts to find new porcine vaccines to cure diseases and the rising number of product approvals are anticipated to contribute to the market's favourable expansion over the forecast period. For instance, Indian Immunologicals Limited (IIL) launched the Classical Swine Fever (CSF) vaccine under the Raksha Class brand name in May 2021. Rising product launches therefore foresaw market expansion over the foreseeable period. The pharmaceutical business spent USD 83 billion on research and development, according to a report from the Congress Budget Office in April 2021. These expenses were covered by a number of activities, including the development and testing of novel medications. Key Market Trends:           The s...

  Market Overview:                  The chloromethane market is projected to register a CAGR of over 4% during the forecast period (2021-2026). The market was negatively impacted by COVID-19 in 2020. Owing to the pandemic scenario, several countries around the world went into lockdown to curb the spreading of the virus. The supply and demand chain was completely disrupted, which impacted the demand for chloromethane from various applications such as agriculture, personal care, chemicals, and other applications. However, the condition is expected to recover in 2021, which is expected to benefit the market during the forecast period. Key Market Trends:           The production of chemical intermediates such methyl chlorosilanes uses a significant portion of the chloromethane produced as feedstock. The creation of silicone fluids uses these methyl chlorosilanes. Many different products, including processing aids (an...

  Market Overview:                During the forecast period, the market for pressure-sensitive adhesives is anticipated to grow at a CAGR of over 6%. The industry under study is being driven primarily by the expansion of affordable flexible packaging. On the other hand, strict environmental laws concerning VOC emissions are anticipated to impede the expansion of the market under consideration. Due to expanding end-user industries such packaging, medicine, and transportation, the market's dominant segment—tapes—is anticipated to expand throughout the forecast period. Future opportunities may arise from the use of pressure-sensitive adhesives made from biological materials. Key Market Trends:           Adhesives are essential for keeping product packaging secure until it is delivered to the customer. Packaging operations need a dependable adhesive to fulfil the rising needs for increasingly complicated packaging as the...

  Market Overview:                During the projected period, the market for infrastructure as a service is anticipated to grow at a 25% CAGR (2021 - 2026). IaaS is the name for a type of cloud computing system that relies on substantial physical resources, such as servers, network connections, bandwidth, load balancers, and other virtual services provided by cloud service providers (CSPs). It is anticipated that more firms would embrace IaaS as a result of the growing amount of financial and corporate data as well as other crucial data in many IT industries. The expansion of the IaaS business can be hampered by strict regulatory compliance. A good example is the EU Data Protection Act, which aims to keep personal data within the EU. Additionally, multi-tenancy and de-provisioning may provide issues including protocol violations, data compromise with other commercial entities, and rising complexity in password authentication techniques. Key ...

  Market Overview:               The blockchain IoT market is anticipated to grow at a 40% CAGR between 2021 and 2026. The Internet of Things is expanding exponentially in both research and industry as a result of the quick advancement of communication technology, and the amount of data being generated, sent, and analysed indicates that it is now entering a mature stage. It still has drawbacks, though, such privacy and security holes that the asymmetric cryptography of blockchain technology takes advantage of. For instance, the US FDA (Food and Drug Administration) declared in 2017 that St. Jude Medical's implantable cardiac devices, which were used to monitor patient heart activity and prevent heart attacks, are susceptible to hacking because of flaws in the transmitter powered by IoT. The Mirai Botnet DDoS assault, which impacted internet connectivity for the whole East Coast of America, including Netflix, Reddit, and Twitter, is also among...

  Market Overview:                Over the course of the forecast period, the glass insulation market is anticipated to grow at a CAGR of over 6%. The Asia-Pacific region's rapidly expanding construction industry is the main driver of the market under study. On the other hand, strict laws governing carbon dioxide emissions and difficult circumstances brought on by the COVID-19 outbreak are impeding the market's expansion. The market under study is anticipated to be dominated by non-residential construction applications throughout the forecast period. Due to rising consumption in nations like China, India, and Japan, the Asia-Pacific region currently has the largest market and is predicted to grow at the fastest rate throughout the projection period. Key Market Trends:          Glass insulation is used for drywall, false ceilings, and roofs in non-residential construction. It offers structures with both thermal and aco...

  Market Overview:                During the projected period, the market for metalworking fluids is anticipated to expand at a CAGR of less than 2%. The expansion of the heavy machinery sector is the main driver propelling the market under study. On the other hand, the growing popularity of dry machining is predicted to impede the development of the market under consideration. Removal Fluids has a sizable market share and is anticipated to experience significant demand throughout the forecast period. With a market share of more than 35%, Asia-Pacific is the market leader and is anticipated to develop at the fastest rate over the forecast period. Key Market Trends:          For the removal and forming of metal, removal fluids are essential components. Additionally, they aid in extending the tool's useful lives, saving thousands of dollars. These fluids offer a wide range of performance characteristics to suit the indu...

  Market Overview:                 Over the course of the forecast period, the combat helmet market is anticipated to expand at a CAGR of over 6%. (2022 – 2027). Given the continuous rise in global defence spending for military hardware, the COVID-19 epidemic had no effect on the combat helmet market. The Stockholm International Peace Research Institute (SIPRI) estimates that in 2021, the world's military spending would reach USD 2.1 trillion. Numerous nations have kept up sizable investments in the creation and acquisition of next generation combat helmet systems for their forces.  The incorporation of more accessories on the helmet, such as night vision and thermal vision headsets, communication headsets, battle visors, adapters and cables, and mandible guards, is made possible by the use of lightweight materials like plastic. Key Market Trends:           Compared to law enforcement organisations, military...

  Market Overview:                 The market for telecom service assurance worldwide was worth $8.02 billion in 2020 and is projected to reach $9.83 billion in 2026, growing at a CAGR of 3.4% during the forecast period (2021 - 2026). According to GMSA, there is a substantial development opportunity with the addition of 1.75 billion new mobile internet members per year, who will total 5 billion by 2025. By 2025, there will be 5.9 billion unique mobile subscribers, or roughly 71% of the world's population. As the number of subscribers rises, service providers will need to address important issues like the demand for niche products, a high customer churn rate, and a faster response rate, which will encourage the growth of the telecom service assurance market. Key Market Trends:          The demand from customers for bandwidth-intensive applications and high-quality network experiences is outpacing the ability of te...

  Market Overview:                Over the forecast period, 2021-2026, the geographic information system market (GIS) (hereafter referred to as the market analysed) is anticipated to post a CAGR of 10.8%. GIS is utilised for locating new stores, examining crime trends, routing in car navigation, forecasting and predicting weather, etc. GIS powers millions of decisions every day throughout the world. The market is being driven by the rising demand for location-based analytics among enterprises to boost operational effectiveness and decision-making. Over the course of the projection period, the growing necessity to combine spatial data with conventional data in order to extract useful insights from location-based data may open up new growth opportunities for the geographic information system market. The market for geographic information systems is expanding due to the growing need for natural disaster prediction, detection, and damage minimizat...

  Market Overview:                 During the forecast period, the market for black tea extracts worldwide is anticipated to expand at a CAGR of 4.5%. (2019-2024). Vitamin C, zinc, iron, magnesium, copper, manganese, potassium, fluoride, and calcium are all abundant in black tea extract. Black tea extract is anti-allergic, anti-viral, and anti-spasmodic and contains more antioxidants than green tea. The market size for black tea extract has been positively impacted by rising demand for herbal medications. Over the projection period, consumption of functional foods containing herbal components is expected to increase significantly. Key Market Trends:          The market for black tea extract is expected to develop due to rising consumer awareness of nutritional enrichment and calorie reduction, particularly in the Asia-Pacific and North American regions. In addition, growing consumer awareness of their own health is dr...

  Market Overview:                During the forecast period, it is anticipated that the global rodenticides market will have a CAGR of 3.5%. (2020-2025). In terms of growth rate, Asia-Pacific dominated the market in 2019. This was due to a higher demand for rodenticides in nations like India and Japan as a result of rat infestations in markets, warehouses, and agricultural areas. The use of second-generation anticoagulant rodenticides is strictly prohibited by law in industrialised nations and areas like the United States and Europe, and this is anticipated to impede market expansion overall. The rodenticides market is fragmented, with both global competitors and local businesses competing for a larger market share. In the market, some of the prominent players are BASF SE, Bayer AG, Syngenta, and Liphatech Inc. Key Market Trends:           The whole market has recently been impacted by a number of strict laws and con...

  Market Overview:                Over the course of the forecast period, the European pharmaceutical logistics market is anticipated to grow at a rate of over 4%. The pharmaceutical industry's rising need for blood products, vaccines, and cell therapies is propelling the expansion of the European pharmaceutical logistics sector. The COVID-19 pandemic and rising investments by top pharmaceutical companies are mostly to blame for the rise in medicine and vaccine demand that is fueling the demand for pharmaceutical logistics in Europe.              Logistics are needed in the pharmaceutical industry to manage all aspects of resource acquisition, storage, and delivery to end customers. The same goal is being pursued in Europe by the European Association for Logistics and Transportation in Healthcare (EALTH). The pharmaceutical logistics industry's largest regional market is in Europe. The substantial market sha...

  Market Overview:                During the projected period, the market for succinic acid derived from biomaterials is anticipated to expand at a CAGR of less than 2%. However, recent closures of significant production facilities due to a small consumer base are having a highly negative impact on the market. Positively, the decision by OPEC and other nations to restrict the supply of crude oil until 2022 is likely to present a significant opportunity for bio-based succinic acid. Key Market Trends:          The production of plastics, polyurethanes, solvents, coatings, lubricants, and a number of other products all use bio-based succinic acid as an intermediary. The conventional method of obtaining succinic acid is more expensive and detrimental to the environment since it uses a feedstock produced from petroleum. BDO is the main industrial product made from succinic acid. The most popular products in the industries ...

  Market Overview:                Throughout the projected period, the market for immunotherapy medications is anticipated to grow at a CAGR of 8.4%. (2022-2027) The unexpected pandemic outbreak increased demand for immunotherapy drugs for COVID-19 treatment due to their safety and efficacy, hence COVID-19 had a positive effect on the market for immunotherapy drugs. For instance, the article "Real-world effectiveness and tolerability of monoclonal antibody therapy for ambulatory patients with early COVID-19" published in January 2021 stated that monoclonal antibody treatment of high-risk ambulatory patients with early COVID-19 was well tolerated and probably effective at avoiding the need for further ER or hospital care.                Growing direct and indirect investments in research and development (R&D) by pharmaceutical and biotechnology businesses, as well as an increase in the number of rese...

  Market Overview:                During the anticipated period, the market for wearable sensors experienced a CAGR of 19.15%. (2021 - 2026). The electronic industry has largely benefited from digitalization and experienced tremendous growth. Wearable technology gadgets, which are frequently utilised for self-health monitoring applications, are thereby propelling the market. The expansion of wearable gadgets is being fueled by rising consumer electronics spending, urbanisation, and improved lifestyles of the expanding population. These factors have increased people's awareness of health and safety. Additionally, the proliferation of smartphones and connected devices, the affordability and ergonomics provided by advancements in miniaturised electronics, and the growing demand for low power, smaller, lighter sensors and improved performance are some of the factors promoting the growth of wearable devices, such as Fitbit. Key Market Trends: ...