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Showing posts from December, 2024

Exploring the Cell Culture Media Market: Detailed Insights on Size, Share, Growth Potential

The global  cell culture media market  size is expected to reach USD 10.70 billion by 2030, registering a CAGR of 12.54% from 2024 to 2030, according to a new report by Grand View Research, Inc. Expansion of biosimilars and biologics, growth in stem cell research, and emerging bio manufacturing technologies for cell-based vaccines are the major factors which are likely to drive the market. For instance, in October 2021, the Australian Government funded the Australian-led stem cell research through USD 25 million in grants. The expansion of clear, regulatory approval paths for biosimilars in emerging markets is generating great opportunities for biosimilar monoclonal antibodies.  The availability of an approval pathway in the U.S., has led to new opportunities for bio manufacturers to enter major markets around the globe. Biosimilar versions of monoclonal antibodies have the probability to offer cost reductions of 25-30%, and many emerging mark...

Market Dynamics of ASEAN Poultry Vaccines: Analyzing Current Size, Share, Growth Trends

The  ASEAN poultry vaccines market  size is expected to reach USD 253.22 million by 2030, registering a CAGR of 8.97% from 2025 to 2030, according to a new report by Grand View Research, Inc. The key factors driving the market growth include the increasing prevalence of poultry diseases, growing population, rapid urbanization, rising government initiatives, and reducing antibiotic usage. For instance, The U.S. Bureau of Census data suggests that the ASEAN region’s (inclusive of 10 countries) total population grew by 11.6% in 2017 from 2008 and is expected to reach 720.0 million by 2027. In addition, according to Bloomberg, the urban population in the ASEAN region will grow by 100.0 million people by 2030. The region’s per capita GDP has grown annually by 3.4% in the last decade and is expected to grow by 3.5% in the next decade. ASEAN Poultry Vaccines Market Report Highlights The attenuated live vaccines segment led the market with the largest revenue share of 3...

Comprehensive Analysis of the Pneumatic Tourniquet Market: Size, Share, Growth Trends

The global  pneumatic tourniquet market  size is expected to reach USD 631.0 million by 2030, expanding at a CAGR of 7.1% from 2024 to 2030, according to a new report by Grand View Research, Inc. Increasing number of orthopedic and plastic surgeries performed is driving the growth of this market. Moreover, a surge in accidental injuries further contributes to the growth of the market. For instance, according to the Association for Safe International Road Travel (ASIRT), around 38,000 people die and an additional 4.4 million are severely injured annually in crashes on U.S. roadways. Pneumatic Tourniquet Market Report Highlights In terms of type, the single-bladder segment held the largest market share of over 66.4%. The growth is attributed to the high demand for single-bladder devices due to the better clinical efficacy offered by them. In terms of application, the others segment held the largest market share in 2023. The segment is expected to remain dominant growing ...

Exploring the Mobile VoIP Market: Detailed Insights on Size, Share, Growth Potential

The global  mobile VoIP market  size is expected to reach USD 104.92 billion by 2030, expanding at a CAGR of 12.9% from 2024 to 2030, according to a new report by Grand View Research, Inc. The transition to packet-switched networks from circuit switch networks is propelling the growth of the mobile VoIP market.  Mobile VoIP Market Report Highlights The video conferencing segment is estimated to grow at a CAGR of over 38.5% by 2023. The need for scalable communication methods and growing globalization is driving the demand for video conferencing market. The increasing trend of Bring your Own Device (BYOD) is also contributing to the demand for video conferencing in the corporate sector. The Android operating system (OS) segment dominated the market in 2023. The free availability of this OS is attracting creators for developing low-cost smartphones. Moreover, Android is an open platform, which is enabling application developers to modify the OS as per thei...

Comprehensive Analysis of the Printed And Chipless RFID Market: Size, Share, Growth Trends

The global  printed and chipless RFID market  size is expected to reach USD 19.37 billion by 2030, registering a CAGR of 21.2% from 2024 to 2030, according to a new report by Grand View Research, Inc. Development of affordable tags owing to simplified manufacturing technology and decreased manufacturing time have contributed significantly to chipless RFID market growth over the forecast period. Compatibility with existing infrastructure with equal efficiency as chip-based tags saves the additional cost of new system installation. Printed And Chipless RFID Market Report Highlights Growth in public transit industry is expected to drive printed and chipless RFID market demand in transportation applications. In these applications, use of contact and contactless smart cards increases the operational efficiency of the overall transportation system and saves travel time. Contact-based cards need to have a physical contact with the reader; however, they can be place...

Exploring the Anterior Uveitis Treatment Market: Detailed Insights on Size, Share, Growth Potential

The global  anterior uveitis treatment market  size is expected to reach USD 967.5 million by 2030, registering a CAGR of 12.6% from 2024 to 2030, according to a new report by Grand View Research, Inc. Rising prevalence of the disease is anticipated to aid market growth. This disease is more common when compared to panuveitis, posterior, and intermediate uveitis. Anterior Uveitis Treatment Market Report Highlights Corticosteroids dominated the anterior uveitis treatment market in 2023 owing to its beneficial characteristic of minimizing inflammation in the eye. It is the primary treatment modality. Anti-TNF agents are expected to exhibit lucrative growth rate over the forecast period due to growing opportunity in treatment methods with biologic therapy using Anti-TNF drugs. Immunosuppressants held a significant market share in 2023 owing to their growing adoption for treatment of chronic anterior uveitis. Hospital pharmacies dominated the market in 2023 due t...

Global Market Report on Silver Nanoparticles: Understanding Size, Share, Growth Trajectories

The global  silver nanoparticles market  size is estimated to reach USD 4.53 billion in 2030 and is projected to grow at a CAGR of 7.5% from 2024 to 2030. Rising demand for antimicrobial materials in healthcare applications is expected to drive the market over the forecast period. The development of high-end electronics coupled with the growing demand for gadgets is expected to promote silver nanoparticle market growth over the next seven years. Silver Nanoparticles Market Report Highlights Increasing application scope of silver nanoparticles in transparent conductors, which are widely used in touch screens, LED & OLED display and lighting coupled with the growing demand for high-end gadgets is expected to drive market growth Rising awareness regarding prevention of hospital-acquired diseases is expected to play an important role in promoting the use of silver nanoparticles in medical devices & equipment and textiles Increasing application scope of s...

Market Dynamics of Multiple Myeloma Therapeutics: Analyzing Current Size, Share, Growth Trends

The global  multiple myeloma therapeutics market  size is estimated to reach USD 30.30 billion in 2030 and is projected to grow at a CAGR of 5.5% from 2024 to 2030. Key factors driving the market expansion include constant introduction of newer and effective therapeutic options and high adoption rates of the same. This space is expected to gain momentum with the addition of novel drugs to the current therapeutics array with monoclonal antibodies and Histone Deacetylase (HDAC) inhibitors. Due to failed outcomes of the currently available medication, there is a high demand for effective treatment strategies to offset therapeutic dissatis faction and increase life expectancies of patients; which in turn is expected to boost the research and development of improved therapies for multiple myeloma. Multiple Myeloma Therapeutics Market Report Highlights According to the National Cancer Institute, more than 30,330 new cases of multiple myelomaare expected to register...

Comprehensive Analysis of the Asia Pacific Fuel Dispenser Market: Size, Share, Growth Trends

The global  Asia Pacific fuel dispenser market  size is expected to reach USD 2.25 billion by 2030, registering a CAGR of 7.1% from 2024 to 2030, according to a new report by Grand View Research, Inc. The demand for fuel dispenser in Asia Pacific is expected to grow significantly over the forecast period, primarily driven by the increasing demand for vehicles in the region. The developing economies in the region, including China and India, accounted for over 75% of the total market in 2015. The growing demand in China owing to the growing consumer spending capacity as well as robust automotive sales is expected to have a positive impact on the industry growth. The constant movement of the rural population to urban areas in India is expected to create a need for infrastructural development. The growing disposable incomes of the consumers is expected to drive the demand for vehicles in the country. As a result, the demand for fueling stations and dispensing systems...

Drug And Gene Delivery Devices Market Trends and Analysis: Comprehensive Overview of Market Size, Share, Growth

The global  drug and gene delivery devices market  size is expected to reach USD 1.22 billion by 2030, registering a CAGR of 9.0% from 2024 to 2030, according to a new report by Grand View Research, Inc. Rising investment by the market players to develop innovative drug delivery systems to cater to the demand by the patients as well as to increase the bioavailability at minimum quantity of active pharmaceutical ingredient is driving the market growth. Additionally, increasing focus on R&D of gene delivery systems owing to the high growth potential of gene therapy for the treatment of a wide range of diseases is expected to fuel the market growth in the future. Drug And Gene Delivery Devices Market Report Highlights In 2023, the oral segment dominated the market and accounted for the largest revenue share of 52.7%, owing to its convenience and ease of administration. The injectable segment is expected to witness the fastest CAGR of 11.0% during the forecas...

Market Dynamics of Cord Blood Banking Services: Analyzing Current Size, Share, Growth Trends

The global  cord blood banking services market  size is expected to reach USD 41.36 billion by 2030, registering a CAGR of 7.4% during the forecast period, according to a new report by Grand View Research, Inc. Key drivers of the market include increasing application of stem cell therapies in disease treatment, and rising prevalence of life threatening genetic disorders. Cord Blood Banking Services Market Report Highlights Private bank segment accounted for the largest revenue share in 2023. High cost of collection, processing, and storage along with the maximum awareness created by marketing activities practiced by the players resulted in large revenue share of private banks across the globe. Rising government support and no storage and collection costs are the major factors anticipated to drive the public banking sector during the forecast period from 2024 to 2030 with significant CAGR.  North America dominated the global market in 2023. Dominance...

Strategic Assessment of the Nano-enabled Packaging Market: Market Size, Share, Growth Projections

The global  nano-enabled packaging market  size is expected to reach USD 73.69 billion by 2030, registering a CAGR of 12.4% during the forecast period, according to a new report by Grand View Research, Inc. Increasing investments in developing effective and efficient packaging technologies is excepted to spur market growth. Growing awareness of the benefits, that nano-enabled packaging offer to the food & beverage and pharmaceutical industry is expected to have a positive impact on the market growth. Nano-enabled Packaging Market Report Highlights Active packaging segment is anticipated to exhibit CAGR of 10.4% for the forecast period. Rising demand for fresh vegetables and fruits in the U.S is anticipated to boost the market demand for active packaging. By type, Intelligent & smart packaging was the leading the segment and accounted for 85.6% of total market revenue in 2023. The food & beverages was the most dominant application segment and accoun...

Strategic Assessment of the Smart Toilet Market: Market Size, Share, Growth Projections

The global  smart toilet market  size is expected to reach USD 21.55 billion by 2030, expanding at a CAGR of 12.6% from 2024 to 2030, according to a new report by Grand View Research, Inc. Rising consumer awareness regarding cleanliness and maintaining proper hygiene at the global level is expected to promote the utility of smart toilet. Additionally, shifting preference towards smart homes in the urban cities due to increasing importance of proper sanitation and offering convenience to the buyers is expected to increase spending on the installation of new smart toilets in the residential and commercial sectors. The governments of different countries including U.S., Germany, France, China, and India have been implementing numerous initiatives to increase awareness regarding the importance of saving water at the global level. As a result, smart toilets are expected to optimize the water flow and thus, likely to gain importance over the next few years. Smart Toilet...