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Showing posts from January, 2024

Extracorporeal Membrane Oxygenation (ECMO) Machine Market and its Groundbreaking Contributions to Critical Care Medicine

The global  extracorporeal membrane oxygenation machine market  size is expected to reach USD 445.7 million by 2030, according to a new report by Grand View Research, Inc., registering a CAGR of 5.4% during the forecast period. The market is primarily driven by the increasing incidence of cardiopulmonary & respiratory diseases and technological advancements in the field of ECMO procedures. Cardiovascular disease is one of the leading causes of death globally.   Extracorporeal Membrane Oxygenation Machine Market Report Highlights       North America accounted for the largest share in 2022 owing to favorable reimbursement policies, the presence of key players, and government initiatives     By component, the oxygenators segment accounted for the largest market size owing to its high cost and usage   By modality, the veno-arterial segment accounted for the largest market size and is also expected...

Warehouse Racking Market: A Comprehensive Examination of the Industry and its Crucial Contributions to Modern Warehousing and Distribution

The global  warehouse racking market  size is expected to reach USD 12.41 billion by 2030, registering a CAGR of 4.1% according to a new report by Grand View Research, Inc. The demand for warehouse racking is expected to witness significant growth owing to the rising awareness of the benefits of systematic storage and easy material handling processes. Warehouse racks manufactured using steel are popularly used in automotive, retail, manufacturing, and other applications as it is robust and durable. The warehouse racks manufactured using steel exhibit superior durability. The cost of steel-based warehouse racks is low, and these products can be constructed for normal floor units and high-rise shelving systems. The product manufacturers operating in the market include Hannibal Industries, Georgia-Pacific, Dematic, SSI Schaefer, EMRACK INTERNATIONAL, and others. These market players introduce warehouse racking systems incorporated with advanced technologies such as senso...

Docks Market - An In-Depth Analysis of Emerging Trends, Strategic Developments, and Maritime Innovations

The global  docks market  size is expected to reach USD 2.3 billion by 2030, as per a new report by Grand View Research Inc. The market is expected to expand at a CAGR of 3.4% from 2022 to 2030. The rising structure demand as the governing bodies of various economies is conducting redevelopment of waterfronts to maximize their value for both business and community, which is expected to propel market growth. Additionally, the constantly rising global population is indirectly leading to the scarcity of space in the existing urban ports leading to market demand for increasing the space productivity within a port. One of the Norway-based engineering firms has developed smart application software to reduce the risk of accidents using an IoT platform. The newly developed technology makes use of hi-tech sensors to real-time monitor the operating states of floating docks from virtually anywhere. This newly developed application software shows the water levels across differ...