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Showing posts from July, 2024

Mortuary Bags Market Trends and Analysis: Comprehensive Overview of Market Size, Share, and Growth

The global  mortuary bags market  size is expected to reach USD 1.8 billion by 2027, expanding at a CAGR of 6.0%, according to a new report by Grand View Research, Inc. The increasing prevalence of cardiovascular diseases, a growing number of deaths due to pandemics and epidemics, and rising cases of road accidents are the key factors driving the market. Mortuary Bags Market Report Highlights On the basis of raw material, the polyethylene segment held the largest market share in 2019 as it is cheap and the most widely produced plastic in the world Adult bags held the largest market share in 2019 owing to the rising cases of CVDs among adults and an increasing number of deaths in adults due to COVID-19 Based on end-use, the morgue segment held the largest market share in 2019 and is anticipated to witness the fastest growth rate over the forecast period. The growth of the segment is attributable to the rising number of road accidents and increasing crime rates acr...

Market Dynamics of Continuous Peripheral Nerve Block Catheters Products: Analyzing Current Size, Share, and Growth Trends

The global  continuous peripheral nerve block (cPNB) catheters market  is expected to reach USD 292.8 million by 2025, according to a new report by Grand View Research, Inc., progressing at a CAGR of 6.2% during the forecast period. Growing orthopedic surgery volumes resulting from the rising prevalence of osteoarthritis and increasing preference for ambulatory surgical centers are the key growth stimulants for the cPNB catheters market. According to the Healthcare Cost and Utilization Project (HCUP), over 546,000 total hip arthroplasty and 789,500 total knee arthroplasty procedures were performed in the U.S. in 2014. Of these, almost 70.0% of hip replacement operations are performed to relieve symptoms of osteoarthritis. This shows the potential demand for these devices in the coming years. Further key findings from the study suggest The ultrasound segment, based on the insertion technique, held the dominant share of 48.2% owing to associated advantages including...

Cannabidiol Nutraceuticals Market Insights: Detailed Overview of Market Size, Share, and Projected Growth

The global  CBD nutraceuticals market  is projected to reach USD 17.4 billion by 2026, according to a new report by Grand View Research, Inc. It is anticipated to exhibit a CAGR of 18.8% during the forecast period. Introduction of the 2018 Farm Bill that legalized hemp cultivation and hemp-derived products in U.S., rising consumer preference for plant-based ingredients in dietary supplements, and awareness regarding the health benefits of cannabidiol are some of the factors powering the market growth. However, the easy availability of alternative products is obstructing market growth. Further key findings from the report suggest In 2018, CBD tinctures dominated the Cannabidiol nutraceuticals market with a revenue share of 42.6%, due to the higher bioavailability than other product types The online sales channel is projected to witness the fastest growth rate over the forecast period. Many companies are opting for this channel, as it is a faster way to reach the ta...

Aircraft Cabin Interior Market Dynamics And In-Depth Study: Evaluating Market Size, Share, and Growth Forecast

The global  aircraft cabin interior market  size is expected to reach USD 41.10 billion by 2030, growing at a compound annual growth rate (CAGR) of 7.9% from 2023 to 2030, according to a new study by Grand View Research, Inc. The market is experiencing a distinct shift towards passenger-centric innovations. Airlines and manufacturers are focusing towards enhancing the passenger travel experience. This encompasses the seamless integration of advanced technologies such as interactive seat touchscreens, tailor-made entertainment choices, and customizable lighting configurations. These innovations collectively aim to establish an environment of comfort and enjoyment during the journey, thereby anticipated to fuel market growth over the forecast period. Aircraft Cabin Interior Market Report Highlights Based on Material, the alloys segment accounted for over 64% of the market share in 2022, owing to the use of alloys as a core material in aircraft interior compone...

In-Depth Study of Consumer Drone Market Dynamics: Evaluating Market Size, Share, and Growth Forecast

The global  consumer drone market  size is projected to be valued at USD 11.56 billion by 2030, with an estimated CAGR of 13.3% from 2023 to 2030, according to the latest report by Grand View Research, Inc. The market is expected to expand significantly due to its widespread commercial and leisure applications. Companies use drone-acquired data to speed up service delivery in their business operations. Evolution in in-flight controls and technology and advancements in portable video and camera technology have increased demand for consumer drones such as tiltrotors, multi-copters, and helicopters. The development of cutting-edge technology that makes drones safer, such as geo-fencing and collision avoidance, has led to a rise in the use of consumer drones. Consumer Drone Market Report Highlights Based on product, the multi-rotor segment accounted for the majority market share of over 69% in 2022. Multi-rotor drones are being utilized more frequently in photography and racing. T...

Market Report on High Altitude Platforms Products: Understanding Size, Share, and Growth Trajectories

The global  high altitude platforms market  size is expected to reach USD 2.66 billion by 2030, growing at a CAGR of 8.4% from 2024 to 2030, according to a new report by Grand View Research, Inc. The incorporation of cutting-edge materials and lightweight composites is anticipated to transform the design and production of High Altitude Platforms (HAPs), enhancing their durability and operational efficiency. These materials, combined with advances in energy storage technologies, are poised to facilitate the development of more sustainable and enduring HAPs, extending mission durations for applications such as telecommunications, surveillance, and environmental monitoring. High Altitude Platforms Market Report Highlights Based on product, the equipment segment dominated the market in 2023 due to the increasing demand for lightweight and energy-efficient equipment, such as airships, balloons, and unmanned aerial vehicles (UAVs) coupled with advancements in AI and communication te...

Consumer Awareness and Education Initiatives in the Collagen Market

The global  collagen market  size is expected to reach USD 19.9 billion by 2030, registering a CAGR of 9.6% from 2024 to 2030, according to a new report by Grand View Research, Inc. The market is expected to increase on account of the increasing collagen inclusion from a variety of applications, including food & beverage, healthcare, and cosmetics. The primary product sources are porcine, bovine, marine, and poultry. It is found in cartilage, cow bones, and hides. Bovine collagen is available in abundance on account of the high availability of cattle and increasing beef production. In addition, porcine sources are considered better than bovine sources as porcine is similar to the collagen found in humans. The threat of transfer of infections and allergies is lower in collagen derived from porcine sources as compared to bovine sources. This, in turn, is expected to boost the demand for porcine in the coming years. Collagen Market Report Highlights Gelatin dominated the mark...

Air Compressor Market Dynamics and Competitive Landscape of the Industry

The global  air compressor market  size is anticipated to reach USD 34.10 billion by 2030, registering a CAGR of 4.7% from 2023 to 2030. Air compressors are used in various industries, such as food and beverages, home appliances, oil and gas, semiconductors and electronics, healthcare, manufacturing, and energy. The rising need for the reduction of CO2 emissions and stringent regulations pertaining to environmental conservation is anticipated to boost market growth. Moreover, eco-friendly, reliable features, ease of handling, and low maintenance costs offered by the product are propelling its demand. Air Compressor Market Report Highlights The stationary air compressor segment accounted for over 60.5% market share in 2023, while the portable segment is anticipated to emerge as the fastest-growing segment from 2024 to 2030 The oil-filled compressor segment is likely to lead the market over the forecast period. These compressors are widely adopted for commercial application...