trending research reports

The  UAE health check-up market  size is anticipated to reach USD 108.98 million by 2030 and expand at a CAGR of 5.2% from 2024 to 2030, according to a new report by Grand View Research, Inc. The UAE health check-up market is driven by the rising prevalence of chronic diseases and the need to provide preventive screening solutions. The growing prevalence of chronic diseases like diabetes, CVD, cancer, hypertension, and obesity, is one of the major factors driving the demand for preventive healthcare measures. The UAE has one of the highest rates of diabetes in the world, with around 17.6% of the adult population affected. Furthermore, 4381 new cancer cases were reported, with 94.6% being malignant and 5.4% in situ cases. Cancer incidence was higher among women (56.2%) than men (43.8%). The overall crude incidence rate was 46.1 per 100,000 for both genders, with a higher rate for females (75.8 per 100,000) compared to males (31.0 per 100,000 Annual check-ups are a...

The global  SGLT2 inhibitors market  size is anticipated to reach USD 29.43 billion by 2030 and is expected to expand at a CAGR of 7.71% during the forecast period, according to a new report by Grand View Research, Inc. The recommendations and supportive guidelines from major health organizations, such as the American Diabetes Association (ADA), the European Association of for the Study of Diabetes (EASD), the European Society of Cardiology (ESC), and others have endorsed sodium-glucose cotransporter-2 (SGLT2) inhibitors for them beyond glucose control. For instance, in August 2023, the European Society of Cardiology (ESC) has issued a focused update to their heart failure guidelines, integrating findings from nearly a dozen new clinical trials since 2021, such as EMPEROR-Preserved, DELIVER, STRONG-HF, and IRONMAN. Released at the ESC Congress 2023, the updated guidelines introduce new recommendations for the use of SGLT2 inhibitors in treating patients with hear...

The global  virtual try-on market  size is expected to reach USD 46.42 billion by 2030, registering a CAGR of 26.4% from 2024 to 2030, according to a new report by Grand View Research, Inc. The significant growth is primarily driven by the utilization of virtual try-on solutions by enabling retailers to realize cost efficiencies through reduced dependence on physical inventory and traditional brick-and-mortar outlets. By extending their reach to customers beyond geographical limitations through virtual try-on experiences, retailers are expected to potentially increase sales volumes while moderating costs, thereby expected to drive market growth. Virtual try-on technology is proving highly advantageous for retailers and is experiencing a surge in consumer adoption and preference in the current market landscape. The widespread adoption of virtual try-on technology across diverse sectors, including fashion, beauty, eyewear, jewelry, and home decor, serves as a signi...

The global  high and ultra-high-field nuclear magnetic resonance spectroscopy market  size is expected to reach USD 1.03 billion by 2035, growing at a CAGR of 5.70% from 2024 to 2035, according to a new report by Grand View Research, Inc. The expansion of the market can be attributed to several factors, including increased funding and investment in biomedical research, the rising necessity for cost-effective generic medications, the broadening application, and its growing acceptance in medical diagnostics. Various regulatory agencies suggest it as a useful technique in pharmaceutical manufacturing. According to an article published by the European Pharmaceutical Review in October 2020, regulatory agencies such as the International Council for Harmonization of Technical Requirements for Pharmaceuticals for Human Use (ICH) and the U.S. FDA have issued guidance regarding the polymorphism for developing new & generic drugs. The guidance by these regulatory bodies...

The global  data center rack market  size is expected to reach USD 7.57 billion by 2030, exhibiting a CAGR of 9.1% from 2024 to 2030, according to a new study by Grand View Research, Inc. The market is driven by several key factors, reflecting the increasing demand for efficient and scalable data storage solutions. Technological advancements, such as high-density servers and advanced cooling technologies, propel market growth by optimizing space and energy efficiency within data centers. Additionally, stringent data security and compliance regulations are prompting enterprises to invest in robust data center infrastructure to ensure data integrity and security. The ongoing digital transformation across various sectors and the increasing penetration of artificial intelligence and big data analytics further underscores the critical need for scalable and resilient data center rack solutions, thereby driving market expansion. High-density racks are increas...

The global  veterinary clinical trials market  size is expected to reach USD 8.99 billion by 2030, exhibiting a CAGR of 9.0% from 2024 to 2030, according to a new report by Grand View Research, Inc. The key factors driving industry growth include increased R&D expenditure by key players, rising prevalence of chronic diseases in animals, advancements in veterinary medicines, and rise in strategic alliances. For instance, in April 2024, Boehringer Ingelheim, a biopharmaceutical company focused on both human and animal health invested USD 593.5 Mn in animal health R&D to accelerate veterinary clinical trials as well as to develop innovative veterinary medicine. Veterinary Clinical Trials Market Report Highlights Ongoing advancements in veterinary medicine drive the demand for veterinary clinical trials to improve animal health and welfare. Additionally, growing R&D investments by key players to innovate veterinary medicine are expected to boost marke...

The global  mobile application market  size is anticipated to reach USD 626.39 billion by 2030, exhibiting a CAGR of 14.3% from 2024 to 2030, according to a new report by Grand View Research, Inc. This growth is primarily attributed to the growing emphasis on maintaining a healthier lifestyle and the increasing demand for real-time access to health-related data, aiding users in managing their health, fitness routines, nutritional intake, and various physical activities. Moreover, factors such as declining internet costs, widespread smartphone adoption, rising disposable incomes, and the consequent surge in in-app purchases, particularly in the gaming sector, collectively contribute to driving market expansion. Mobile Application Market Report Highlights The market is expected to experience significant expansion in the foreseeable future, driven by the widespread adoption of smartphones, increased internet accessibility, and the rising utilization of machine ...

The  U.S. chromatography resin market size  was estimated at USD 756.3 million in 2023 and is anticipated to grow at a CAGR of 7.0% from 2024 to 2030. The increasing need for chromatography techniques across various sectors such as healthcare, chemicals, food & beverages is fueling market growth. The industry's substantial investments in research and development have led to the creation of numerous products, resulting in enhanced productivity compared to traditional products. The natural type dominated the market with a revenue share. The growth is attributed to its widespread application in size exclusion chromatography and paper chromatography across various industries. The growth of the pharmaceutical and biomedical sectors, spurred by increased healthcare spending and rising demand from the food and beverage industry, are primary factors propelling the natural resin market. The synthetic segment also captured a substantial market share. This growth ...

The global  tracheostomy tubes market  size is expected to reach USD 136.7 million by 2030, registering a CAGR of 4.2% from 2024 to 2030, according to a new report by Grand View Research, Inc. The market is experiencing significant growth due to rising incidences of chronic respiratory diseases, technological advancements, and an increasing number of surgical procedures. An aging population further drives demand, as older individuals are more prone to respiratory conditions necessitating tracheostomies. For instance, according to National Center for Biotechnology Information (NCBI) data published in August 2022, Americans typically undergo about nine surgeries throughout their lives. Each year, over 51 million surgeries are performed in the U.S., with older adults comprising nearly half of the surgical patient population. Tracheostomy Tubes Market Report Highlights Based on the type, the cuffed segment accounted for the largest revenue share of 62.7% in 2023 and ...

The global  telecare market  size is anticipated to reach USD 6.34 billion by 2030, registering a CAGR of 5.10% from 2024 to 2030, according to a new report by Grand View Research, Inc. Telecare provides services mainly to vulnerable and elderly individuals for immediate contact with someone for help in case of any emergency. In addition, the increasing development of new technology, from telephones to online virtual visits, has shaped the face of modern healthcare services. Thus, technological advancements have played a crucial role in driving the market growth. Innovations, such as wearable devices, remote monitoring systems, and telemedicine platforms, have revolutionized healthcare delivery by enabling real-time health monitoring, virtual consultations, and remote patient management. For instance, in June 2023, Telecare introduced RxPad, Australia's standalone platform for electronic prescriptions. Telecare Market Report Highlights The activity moni...

The global  asset management market  size is anticipated to reach USD 3,677.39 billion by 2030 and is projected to grow at a CAGR of 36.4% from 2024 to 2030, according to a new study conducted by Grand View Research, Inc. The three key trends that will drive the market growth are the rise of high-net-worth individuals (HNWIs) from emerging populations, the government-incentivized shift to individual retirement plans, and the expansion of sovereign wealth funds (SWFs). With increasing assets and associated costs, market vendors must maintain or increase their technology and data management investment to maximize distribution opportunities and comply with regulations and reporting. Moreover, the factors driving the market growth include the need to reduce equipment downtime and ensure optimum utilization of the available resources. The increased awareness of the benefits of IoT-based asset management solutions bodes well for the market's future growth. Advances in ...