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Showing posts from April, 2021

Surgical Suture Market Size Worth $5.9 Billion By 2025 | CAGR: 6.5%

The global surgical sutures market size is expected to reach at USD 5.9 billion by 2025, according to a new report by Grand View Research, Inc. It is anticipated to expand at a CAGR of 6.5% over the forecast period. The increasing cases of complicated surgeries and awareness regarding patient safety during surgeries are expected to drive the market in the next few years. Aging baby boomers and introduction of various sutures by the market players are other high impact rendering market drivers. For instance, in November 2015, the U.S. Food and Drug Administration (FDA) approved RESORBA suture range developed by Advanced Medical Solutions Group plc. Furthermore, advantages associated with multivalent sutures over staples and adhesives in complicated surgeries are likely to propel the market growth during the forecast period. Staples cause more pain and are less precise in complicated wound closure, hence sutures are preferred over staples. This factor is anticipated to bode well for...

Monitor Arm Market Size Worth $1.6 Billion By 2027 | CAGR: 2.7%

The global  monitor arm market size is anticipated to reach USD 1.6 billion by 2027, expanding at a revenue-based CAGR of 2.7% over the forecast period, according to a new report by Grandview Research, Inc. Monitor arms are designed to support display screens such as computer monitors, TV, and notebooks. Monitor arm allows the user to move the monitor screen as per their convenience. Rising demand for computers for residential use is driving the market growth. According to the International Telecommunication Union (ITU), around 48% of the households across the world had computers in 2018, as compared to 46% in 2015. This upsurge is due to increasing adoption of computers for residential purpose in developing countries such as China and India. The demand for computers is anticipated to rise over the coming years owing to growing adoption of curved monitors. Televisions are mounted on wall and ceiling using monitor arms in various commercial and residential locations. Increasing d...

Spring Market Size Worth $33.3 Billion By 2027 | CAGR: 4.5%

The global  spring market size is expected to reach USD 33.3 billion by 2027, registering a CAGR of 4.5% during the forecast period, according to a new report by Grand View Research, Inc. The market is expected to gain prominence over the forecast period owing consistent growth in the demand of springs from the different end-use verticals such as automotive and transportation, agriculture and forestry, and construction. Also, the adoption of heavy industrial machinery in developing countries to optimize the manufacturing process is also expected to drive the market over the forecast period. Industrialization and trade have strengthened each other. Trade has provided access to critical industrial inputs such as raw material and updated technologies such as robotics and Computer-aided manufacturing (CAM) for countries which are incapable of producing them. Increased demand for exports has spurred technological development and industrial production. In turn, the introduction of new...

Vibration Control System Market Size Worth $6.7 Billion By 2027

The global  vibration control system market size is expected to reach USD 6.7 billion by 2027, registering a CAGR of 6.0% over the forecast period, according to a new report by Grand View Research, Inc. Growing adoption of the technology in healthcare applications is expected to drive market growth over the forecast period. Vibration control systems are being used in healthcare applications to mitigate the impacts of quiver on sensitive equipment such as DNA sequencing microarrays and Magnetic Resonance Imaging (MRIs). The technology is also extensively used in the aerospace and defense industry to decrease the vibrations causing damage to the aircraft windshield, windowpanes, doors, and shipments. Based on system type, the market is segmented into motion and vibration control systems. The demand for motion control systems in automotive, power plants, and oil and gas industry has increased over the last few years. Motion control systems isolate the effects of quiver and shock in...

Interactive Tables Market Size Worth $1.5 Billion By 2027 | CAGR: 7.2%

The global  interactive tables market size is expected to reach USD 1.5 billion by 2027, registering a CAGR of 7.2% over the forecast period, according to a new study by Grand View Research, Inc. Implementation of multi-touch technology in the education sector is expected to drive the market over the forecast period. Growing demand for digital classrooms that allow numerous students to work together for cooperative learning is expected to boost market growth. Interactive tables are also extensively used in trade shows and exhibitions that require the display to be clear as well as allow multi-touch. 32 to 65 inch tables are witnessing increased demand among the exhibitions as they provide better clarity and are highly portable. Furthermore, growth of the market is attributed to emergence of various interactive display technologies, especially in North America. Besides, the hospitality sector is witnessing a paradigm shift in terms of the transportation sector, including train ...

Webcam Market Growth & Trends

The global  webcams market size is expected to reach USD 11.60 billion by 2027, expanding at a CAGR of 8.2% from 2020 to 2027, according to a new report by Grand View Research, Inc. Webcams can be connected to laptops and desktops for real-time recording at any given location. Growing need for security and surveillance systems to capture intruders, trespassers, and miscreants in commercial as well as residential premises is expected to drive the product demand over the forecast period. These devices are widely being deployed in the corporate sector for video conferencing and telecommutingfor more accessible communication with counterparts at distant locations. Hence, key market participants are emphasizing on new model launches and technological advancements to cater to the demand for devices with higher recording, streaming, microphone, and zoom quality. For instance, in December 2019, Logitech launched a 4K Ultra HD webcam for Mac Pro with RightLight 3 technology, enabling a...