Orthopedic devices, endoscopy devices, and diagnostic imaging are the top three categories of medical device types in the European Medical Devices Market

The European medical devices market is projected to reach USD 61.4 billion by 2025 from an estimated USD 48.9 billion in 2020, at a CAGR of 4.7% during the forecast period. Factors such as the rising geriatric population, large and established medical technology industry, increasing number of surgical procedures, growing need for cost-containment in the healthcare industry, and the availability of funding for research and product innovation are driving the growth of this market.

Amcor PLC (Australia) and Sonoco Products Company (US) are the Key Players in the Sustainable Plastic Packaging Market

Cardinal Health is one of the major players operating in the Centesis Catheters Market

The global centesis catheters market is projected to reach USD 633 million by 2025 from USD 426 million in 2019, at a CAGR of 6.8%. Growth in the global centesis catheters market can be attributed to factors such as the rising target patient population (particularly patients suffering from cancer, TB, and cardiovascular diseases), growing preference for image-guided centesis procedures, and the increasing evidence for the efficacy of centesis procedures for target diseases. However, premium product pricing and complexities associated with centesis procedures are some of the major factors that are expected to restrain the growth of this market in the coming years.

DRE Veterinary (US) and Smiths Group plc (UK) are the Leading Players in the Veterinary Monitoring Equipment Market

The veterinary monitoring equipment market is projected to reach USD 570 million by 2025 from USD 326 million in 2019, at a CAGR of 9.8%. The growth of this market is primarily attributed to factors such as the increasing awareness regarding animal health, increasing focus on animal health among pet owners, growing prevalence of diseases among companion animals, growing companion animal population, rising demand for pet insurance, growing animal health expenditure, and the rising number of veterinary practitioners & income levels in developed economies. The need for continuous pet health evaluation & diagnosis and wearable monitoring devices are gaining recognition as opportunity areas in the market.

Honeywell Analytics (US) and Honeywell Analytics (US) are Leading Players in the COVID-19 Impact on Gas Sensors Market

The global gas sensors market size during this pandemic is projected to decline from USD 1,025 million in 2020 to USD 1,016 million by 2021, at a Compound Annual Growth Rate (CAGR) of -0.9% during the forecast period. The major factors governing the gas sensors market include the growing demand from OEMs and medical device/equipment manufacturers for the production of critical care systems such as ventilators, respirators, and restricted requirement from automotive, oil & gas and chemicals, and other sectors.

Arcelor Mittal (Germany) and Gerdau S.A. (Brazil) are the Leading Players in the in the Long Steel Market

Sensor Patch Companies - Abbott Laboratories (US) and Medtronic PLCv (Ireland) are the Key Players

A sensor patch is a wearable patch that monitors and diagnoses physiological parameters that can be tracked and analyzed from a remote source. Sensor patches are attached to a human body for monitoring a range of vital signs and providing specific treatments when required. Sensor patches are categorized under wearable devices, which have embedded intelligence, connectivity, and extensive usability. The demand for sensor patches has increased in various applications, such as healthcare, sports and fitness, and others. The report mainly focuses on the sensor patches that are increasingly adopting wireless technology for monitoring and diagnosis purpose.

Battery for IoT Companies - Duracell Inc (Duracell) (US) and Energizer Holdings Inc (US) are the Key Players

The global battery market size for IoT is estimated to grow from USD 9.2 billion in 2020 to USD 15.9 billion in 2025; growing at a CAGR of 11.6% during the forecast period. The major factors driving the growth of the market include the multifold rise of IoT and the increase in the adoption of IoT devices, growing R&D activities by major companies, the growth of wireless communication, which is power-intensive, and the high demand for thin and flexible batteries in IoT devices.

Blackbaud (US) and WizeHive (US) are Leading Players in the Award Management Software Market

MarketsandMarkets expects the global award management software market is expected to grow from USD 559 million in 2020 to USD 856 million by 2025, at a Compound Annual Growth Rate (CAGR) of 8.9% during the forecast period.   The growing need to automate the award process for enhancing correlation between award organizers, judges, and applicants is driving the growth of the award management software market.

Yaskawa Electric (Japan), Siemens AG (Germany) and Mitsubishi Electric (Japan) are leading players in Servo Motors and Drives Market

The global Servo motors and drives market size will grow to USD 15.8 Billion by 2027 from USD 12.0 Billion in 2022, at a CAGR of 5.7% during the forecast period. The increasing demand for smart manufacturing integrated with energy-efficient devices in the industrial sector is an important driver for the servo motors and drives market.

Market Leaders - Automotive Airbags & Seatbelts Market

The global automotive airbags & seatbelts market size is estimated to be USD 28.2 billion in 2020 and is projected to reach 40.4 billion by 2025, at a CAGR of 7.5% during the forecast period. The government regulations pertaining to vehicle safety and the demand for a safer, efficient, and convenient driving experience are the key factors driving market growth.

Anechoic Chamber Companies - TDK Corporation (Japan) and ESCO (ETS) (US) are the Key Players

The global Anechoic Chamber market is estimated to grow from USD 1.1  billion in 2020 to USD 1.5 billion by 2025; it is expected to grow at a CAGR of 5.4% from 2020 to 2025 The anechoic chamber market comprises companies from the testing, inspection, and certification industries that are specifically engaged in providing electromagnetic compatibility testing services to manufacturers of electronic components. The purpose of these test products and testing, inspection, and certification services is to improve productivity, help manufacturers meet global standards, and enhance the quality of products. This also helps to assure the end users and consumers that the manufacturers have followed the national and international regulations and industry standards to maintain quality, safeguard public health, and ensure safety. This section discusses the market dynamics such as drivers, restraints, opportunities, and challenges for the anechoic chamber market. The growth of this market is driven by factors such as stringent government regulations against electromagnetic interference (EMI) in the semiconductor industry, high adoption of outsourcing EMC testing by worldwide manufacturers, and growing need for EMC pre-compliance testing. However, the price sensitivity of electromagnetic compatibility testing equipment used in the anechoic chamber is expected to be a major restraining factor for the growth of the anechoic chamber market.

Smith and Nephew plc (UK) and MiMedx Group plc (US) are Leading Players in the Biofilms Treatment Market

The biofilms treatment market is projected to reach USD 2.4 billion by 2025 from USD 1.6 billion in 2020, at a CAGR of 7.9%. The growth of this market is largely driven by the rising prevalence of chronic, surgical, and traumatic wounds and the increasing incidence of burn injuries. However, the high cost and low adoption rate of advanced wound care products are expected to limit the growth of this market to a certain extent.

Oracle (US), SAP SE (Germany) and Infor (US) are the Leading Player in the Healthcare Supply Chain Management Market

Failure Analysis Companies - Thermo Fisher Scientific, Inc. (US) and Hitachi High-Technologies Corporation (Japan) are the Key Players

The failure analysis market is estimated to be valued at USD 3.9 billion in 2020 and is projected to reach USD 5.9 billion by 2025; it is expected to grow at a CAGR of 8.3% from 2020 to 2025. A few key factors driving the growth of this market include imposition of safety rules & regulations by governments and international bodies, rise in demand for failure analysis from the electronics & semiconductor industry, technological advancements in microscopes, and rising focus on nanotechnology and regenerative medicine.