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European Medical Devices Industry Worth $61.4 billion by 2025, with a CAGR of 4.7%
The report "European Medical Devices Market by Type (Diagnostic Imaging, Endoscopy Equipment, Respiratory Care, Cardiac Monitoring Devices, Haemodialysis Devices, Ophthalmic Devices, Anesthesia Monitoring), End User (Hospitals, Home-care) - Forecast to 2025", 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. However, fiscal unsustainability due to wasteful spending might hamper the market growth to a certain extent. The base year considered for the study is 2019, while the forecast period is 2020 to 2025.
- Published: May 2020
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Long Steel Market worth $636.7 billion by 2025
The report "Long Steel Market by Process (Basic Oxygen Furnace, Electric Arc Furnace), Product Type (Rebar, Merchant Bar, Wire Rod, Rail) End-Use Industry (Construction, Infrastructure, Others), and Region (NA, EUROPE, APAC, MEA, SA) - Global Forecast to 2025" The long steel market size is estimated to be USD 527.0 billion in 2020 and projected to reach USD 636.7 billion by 2025, at a CAGR of 3.9% from 2020 to 2025. Increasing construction and infrastructure activities, rising population levels, and industrialization are the major factors responsible for the growth of the long steel market. However, the recent outbreak of Covid-19 is expected to have a severe impact on the long steel market.
- Published: May 2020
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Tactical Optics Industry worth $13.0 billion by 2025
The report "Tactical Optics Market by Product (Weapon Scopes and Sights, Handheld Sighting Devices, Cameras and Displays), Platform, Application (ISR, Target Acquisition and Identification, Border and Coastal Patrol), End Use, Range, and Region - Global Forecast to 2025", is projected to grow from USD 9.7 billion in 2020 to USD 13.0 billion by 2025, at a CAGR of 6.1% from 2020 to 2025. The market growth can be mainly attributed to the increasing procurement of armored vehicles, rotorcraft, machine guns, and aircraft by militaries globally and the ongoing modernization of naval platforms by various countries.
- Published: May 2020
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Centesis Catheters Market worth $633 million by 2025
The report "Centesis Catheters Market by Type (Small and Large bore), Procedure (Paracentesis, Thoracentesis, Amniocentesis), Application (Diagnosis, Therapeutics and Palliative care), End user (Hospitals, Ambulatory surgery centers), Region - Global Forecast to 2025", 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.
- Published: May 2020
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Veterinary PoC Diagnostics Industry worth $2.4 billion by 2025, with a CAGR of 8.9%
The report "Veterinary PoC Diagnostics Market by Product (Imaging Systems, Analyzers, Reagents), Technology (Immuno & Molecular Diagnostics), Application (Pathology, Bacteriology, Gynecology), Animal (Cat, Dog, Horse, Cattle), End User, Region-Global Forecast to 2025", size is projected to reach USD 2.4 billion by 2025 from USD 1.4 billion in 2019, at a CAGR of 8.9%. Growth in the companion animal population, rising demand for pet insurance, increasing number of veterinary practitioners in developed economies, and technological advancements are some of the factors driving the growth of this market during the forecast period.
- Published: May 2020
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Sustainable Plastic Packaging Market worth $117.3 billion by 2025
The report "Sustainable Plastic Packaging Market by Packaging Type (Rigid, Flexible, Industrial), Packaging Format (Primary, Secondary, Tertiary), Process (Recyclable, Reusable, Biodegradable), End-use Sector, and Region - Global Forecast to 2025" The global sustainable plastic packaging market size is projected to grow from USD 89.0 billion in 2020 to USD 117.3 billion by 2025, at a CAGR of 5.6% during the forecast period.
- Published: May 2020
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Veterinary Monitoring Equipment Market worth $570 million by 2025
The report "Veterinary Monitoring Equipment Market by Type (Vital Signs Monitor, Anesthesia Monitor, ECG Monitor), Target Area (Respiratory diseases, Weight Monitoring), Animal Type (Dogs, Cats, Equines), End User (Veterinary Clinic), Region - Global Forecast to 2025", is projected to reach USD 570 million by 2025 from USD 326 million in 2019, at a CAGR of 9.8%. Growth in this market is driven by the increasing focus on animal health among pet owners, the 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.
- Published: May 2020
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Medical Wearables Market worth $19.5 billion by 2025
The report "Medical Wearables Market by Device (Vital Signs Monitoring, Blood Pressure Monitor, Glucose Monitor, ECG Monitor, Pulse Oximeter), Product (Smartwatch, Patches, Wristbands), End User (Hospitals, Nursing Homes, Ambulatory) - Global Forecast to 2025" The medical wearables market size is projected to reach USD 19.5 billion by 2025 from USD 7.4 billion in 2020, at a CAGR of 21.4 % during the forecast period. The growing adoption of smartphones, increasing penetration of 3G/4G networks, growing geriatric population, and rising focus on cost containment in healthcare delivery are driving the greater uptake of mobile technologies.
- Published: May 2020
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Sulfur Fertilizers Market worth $5.1 billion by 2025
The report "Sulfur Fertilizers Market by Type (Sulfates, Elemental Sulfur, Liquid Sulfur Fertilizers), Crop Type (Oilseeds & Pulses, Cereals & Grains, Fruits & Vegetables, Others), Mode of Application, Form, Cultivation Type, and Region - Global Forecast to 2025", is estimated to be valued at USD 4.6 billion in 2020 and is projected to reach a value of USD 5.1 billion by 2025, recording a CAGR of 2.2% during the forecast period. The increase in sulfur deficiency in the soil is a major factor that is projected to drive the growth of the sulfur fertilizers market. The causes of sulfur deficiency in the soil include reduced deposition of atmospheric sulfur due to stringent regulations imposed on the emission of sulfur dioxide from industries. In addition, intensive agricultural practices, the use of improved crop varieties, and the rise in area under irrigation are factors that are projected to drive the demand for sulfur fertilizers.
- Published: May 2020
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Semi-Autonomous & Autonomous Truck Market worth $3,254 thousand units by 2025
The report "Semi-Autonomous & Autonomous Truck Market By Level of Automation (Level 1, Level 2 & 3, Level 4, and Level 5), Propulsion (Diesel, Electric, and Hybrid), Application, Truck Class, ADAS Features, Sensor, and Region - Global Forecast to 2030" The global semi-autonomous truck market size is projected to grow from 948 thousand units in 2020 to reach 3,254 thousand units by 2025, at a CAGR of 28.0%The global autonomous truck market size is projected to grow from USD 460 million in 2024 to reach USD 1,550 million by 2030, at a CAGR of 22.4%.
- Published: May 2020
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Risk-based Monitoring Software Market worth $511 million by 2025
The report "Risk-based Monitoring Software Market by End User (Pharma & Biopharmaceutical Co., Medical Device Co., CROs), Delivery Mode (Web Hosted, On-premise, Cloud-based), Type (Enterprise, Site), Component (Software, Services) - Global Forecast to 2025" The RBM software market is expected to reach USD 511 million by 2025 from USD 273 million in 2020, at a CAGR of 13.3%. The key factors driving the growth of this market are the cost and time efficiency of RBM solutions, rising number of clinical trials, and increasing government funding and grants to support clinical trials
- Published: May 2020
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COVID-19 Impact on Gas Sensors Market worth $1,016 million by 2021
The report "COVID-19 Impact on Gas Sensors Market by Technology (Electrochemical, MOS, IR, Catalytic, Laser), End-use Industry, and Region - Global Forecast to 2021", 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. 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 demand conditions from automotive, oil & gas and chemicals, building & construction, and other sectors.
- Published: May 2020
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Technical Foam Market worth $15.7 billion by 2025
The report "Technical Foam Market by Form (Flexible, Rigid, Spray), Material (Elastomeric, PU, PE, Expanded Foam), End Use (Electricals & Electronics, Automotive & Transportation, Commercial Buildings, Office Equipment, Medical), and Region - Global Forecast to 2025" The global technical foam market size is projected to grow from USD 9.1 billion in 2020 and reach USD 15.7 billion by 2025, at a CAGR of 11.6% from 2020 to 2025. The growth of this market can be attributed to the increase in demand from automotive & transportation end uses and the rising demand for acoustic solutions in commercial buildings.
- Published: May 2020
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Battery Market for IoT worth $15.9 billion in 2025
The report "Battery Market for IoT by Type, Rechargeability, End-use Application, and Geography - Global Forecast to 2025"The global battery market 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% between 2020-2025. The major factors driving the market growth are the increase in the use of IoT, a surge in the adoption of IoT-enabled devices, an increase in the global demand for wireless communication, and a rise in R&D activities to develop advanced, flexible, and thin batteries. However, the high upfront costs of developing thin and flexible batteries and the ecological implications of disposing of battery wastes hinder the markets growth.
- Published: May 2020
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WAN Optimization Market worth $1.4 billion by 2025
The report "WAN Optimization Market by Component (Solution (Traditional WAN and SD-WAN) and Services (Professional and Managed)), Deployment Type (Cloud and On-premises), Vertical, End User (Large Enterprises and SMEs), and Region - Global Forecast to 2025", is projected to grow from USD 1.0 billion in 2020 to USD 1.4 billion by 2025, at a Compound Annual Growth Rate (CAGR) of 6.7% during the forecast period. The major factors driving the growth of the WAN optimization market include the rising need to ensure the quality of user experience and productivity, growing number of data centers and branch offices, and increasing cloud-based WAN optimization solutions.
- Published: May 2020
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Award Management Software Market worth $856 million by 2025
The report "Award Management Software Market by Component, Function (Entry Management, Judging Management, Reporting and Analytics, and Application Tracking), Platform, Deployment Type, Organization Size, End User, and Region - Global Forecast to 2025",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 demand to scale award efforts with the help of advanced technology, establish a communication between award organizers, applicants and judges, increasing need to engage with the customers, and deliver an enriched experience continuously are some of the major factors driving the growth of the award management software market.
- Published: May 2020
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Automotive Headliner Market worth $20.4 billion by 2025
The report "Automotive Headliner Market by Vehicle Type (Passenger and Commercial), Material Type (Fabric, Polyester and Plastic), and Region (APAC, North America, Europe, South America and Middle East & Africa) - Global Forecast to 2025" The global automotive headliner market size is projected to grow from USD 16.6 billion in 2020 to USD 20.4 billion by 2025, at a CAGR of 4.2%, during the forecast period
- Published: May 2020
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Biofilms Treatment Market worth $2.4 billion by 2025
The report "Biofilms Treatment Market by Products (Debridement Equipment, Gauze, Dressing, Gel, Ointment), Wound Type (Traumatic, Surgical, Open, Diabetic Foot, Venous Leg Ulcer & Burns), End User (Hospital, ASCs, Wound Care Centers, Homecare)-Global Forecast to 2025", is projected to reach USD 2.4 billion by 2025 from USD 1.6 billion in 2020, at a CAGR of 7.9%. The rising prevalence of chronic, surgical, and traumatic wounds and the increasing incidence of burn injuries are the major factors driving the growth of this market.
- Published: May 2020
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Embolotherapy Market worth $5.0 billion by 2026
The report "Embolotherapy Market by Product (Embolic Agents (Microspheres, Liquid Embolic Agents, Coil), Microcatheters), Indication (Oncology, Vascular, Aneurysm, Urology, Nephrology), Procedure (TACE, TARE), Enduser (Hospital, Clinics, ASC) - Global Forecast to 2026", is valued at USD 3.4 billion in 2021 and is expected to reach USD 5.0 billion by 2026, at a CAGR of 8.0% during the forecast period. The growth of the embolotherapy market is mainly attributed to factors such as the growth in the target patient population, rising preference for minimally invasive procedures, technological advancements in embolotherapy devices, and favorable reimbursement scenario.
- Published: May 2020
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Biofungicides Market worth $3.4 billion by 2025
The report "Biofungicides Market by Type (Microbial species, Botanical), Mode of Application (Soil treatment, Foliar application, Seed treatment), Species (Bacillus, Trichoderma, Streptomyces, Pseudomonas), Crop Type, Formulation, and Region – Global Forecast to 2025" The biofungicides market is estimated to account for USD 1.6 billion in 2020 and is projected to grow at a CAGR 16.1% from 2020, to reach a value of USD 3.4 billion by 2025. Factors such as an increase in demand for organic food products, stringent government regulations against the use of chemical-based crop protection products, and the growing health concerns associated with chemical-based products are projected to drive the growth of the market of biofungicides.
- Published: May 2020
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Internet of Things (IoT) in Energy Market worth $35.2 billion by 2025
According to a research report "Internet of Things (IoT) in Energy Market by Solution (Asset Management, Data Management and Analytics, SCADA, Energy Management), Service, Platform, Application (Oil and Gas, Smart Grid, Coal Mining), and Region - Global Forecast to 2025" published by MarketsandMarkets, The global Internet of Things (IoT) in energy market size is expected to grow from USD 20.2 billion in 2020 to USD 35.2 billion by 2025, at a Compound Annual Growth Rate (CAGR) of 11.8% during the forecast period. Major factors expected to drive the growth of the IoT in energy market include IoT in energy boost business productivity, advantage of IoT-based agile systems, rising instances of cyberattacks, and enhancing the health and safety of employees
- Published: May 2020
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Bio-lubricants Market worth $2.4 billion by 2025
The report "Bio-lubricants Market by Base Oil (Vegetable oil, Animal fat), Application (Hydraulic oil, metalworking fluids, chainsaw oil, mold release agents, two-cycle engine oils, gear oils, greases), End-use, Region - Global Forecast to 2025" The global bio-lubricants market size is projected to grow from USD 2.0 billion in 2020 to USD 2.4 billion by 2025, at a CAGR of 4.1% between 2020 and 2025. The growth is attributed to growing awareness about environmental issues and the adoption of stringent regulation by various end-use industries.
- Published: May 2020
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Automotive Airbags & Seatbelts Market worth $40.4 billion by 2025
The report "Automotive Airbags & Seatbelts Market By Airbag Type (Front, Knee and Side & Curtain), Seatbelts (2-point and 3-point), Vehicle (PC, LCV, Buses and Trucks), Electric Vehicle, Component (Airbag Inflator, ACU and Airbag) and Region - Global Forecast to 2025" 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%. The market is driven principally by the increasing demand for a safer, efficient, and convenient driving experience and stringent safety regulations across the globe
- Published: May 2020
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Anechoic Chamber Market worth $1.5 billion by 2025
The report "Anechoic Chamber Market by Type (Semi Anechoic chamber and Full Anechoic chamber), End-Use Application (Automotive, Military & Defense, IT & Telecom, Consumer Appliances and Electronics, Medical, and Others), and Geography - Global Forecast to 2025" is expected to register a CAGR of 5.4% and reach USD 1.5 billion by 2025; the global market size estimation is provided from 2017 to 2025. The primary reason responsible for the growth of the market is the standardization of electronic products globally, mandatory EMC testing of medical equipment, and increase in the brand proposition of the companies.
- Published: May 2020
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Solid Sulphur Market worth $3.7 billion by 2025
The report "Solid Sulphur Market by Manufacturing Process - Application (Fertilizer, Chemical Processing, Metal Manufacturing), Region (North America, Europe, Central Europe, APAC, Middle East & Africa, South America) - Global Forecast to 2025" The solid sulphur market size is projected to grow from USD 3.2 billion in 2020 to USD 3.7 billion by 2025, at a CAGR of 3.0% during the forecast period. The increasing demand for fertilizer products and growth in the developing economies in APAC and sustainable demand for sulphuric acid due to its diversified applications is expected to boost the market during the forecast period.
- Published: May 2020
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COVID 19 Impact on IVD (In Vitro Diagnostics) Market worth $77.9 billion by 2025
The report "COVID 19 Impact on IVD (In Vitro Diagnostics) Market by Technology (PCR, NGS, ELISA, Rapid Test, Hematology, Hemostasis, Clinical Chemistry, Microbiology Testing, Urinalysis), End-user and Region – Global Forecast to 2025", size is expected to be valued at USD 61.7 billion in 2020 and projected to reach USD 77.9 billion by 2025, growing at a CAGR of 4.8% during 2020-2025. The demand for in-vitro diagnostic products due to COVID-19 pandemic is expected to grow mainly due to factors such as a sharp rise in market demand for PCR, NGS, serology based rapid-test products, the supportive regulatory landscape for product development & commercialization, and a sharp rise in target patient population. These factors have prompted market players to improve and strengthen their current manufacturing and distribution capabilities as well as to focus on product commercialization & upgrade.
- Published: May 2020
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Failure Analysis Market worth $5.9 billion by 2025
The report "Failure Analysis Market by Equipment (Optical Microscope, SEM, TEM, FIB, Scanning Probe Microscope, Dual Beam), Technology (SIMS, EDX, CMP, FIB, BIM, RIE), Application, & Geography - Forecast to 2025", 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.
- Published: May 2020
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Bioinsecticides Market worth $4.6 billion by 2025
The report "Bioinsecticides Market by Organism Type (Bacteria Thuringiensis, Beauveria Bassiana, and Metarhizium Anisopliae), Type (Microbials and Macrobials), Mode of Application, Formulation, Crop Type, and Region - Global Trends & Forecast to 2025" The global bioinsecticides market is projected to grow at a CAGR of 15.8% from an estimated value of USD 2.2 billion in 2020 to reach USD 4.6 billion by 2025.
- Published: May 2020
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Non-Phthalate Plasticizers Market worth $3.9 billion by 2025
The report "Non-phthalate Plasticizers Market by Type (Adipates, Trimellitates, Benzoates, Epoxies, and Others), Application (Flooring & Wall Coverings, Wires & Cables, Films & Sheets, Coated Fabrics, Consumer Goods), and Region - Global Forecast to 2025", The non-phthalate plasticizers market is projected to grow from USD 3.1 billion in 2020 to USD 3.9 billion by 2025, at a CAGR of 4.6%.
- Published: May 2020
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COVID-19 Impact on Critical Care Devices Market worth $27.29 billion by 2021
The report "COVID-19 Impact on Critical Care Device Market by Device (High-Impact Products (Ventilators, Patient Monitors, Infusion Pumps, Hyperbaric Oxygen Therapy Devices and Sleep Apnea Devices) and Low-Impact Products (Anesthesia Machines, Defibrillators and Blood Warmers)) and Region - Global Forecast to 2021", The global critical care devices market size is expected to reach USD 27.29 billion by 2021 from an estimated value of USD 37.97 billion in 2020. The critical care devices market is expected to witness a growth of 44.1% from 2019 to 2020.
- Published: May 2020
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COVID-19 Impact on Vaccines & Drugs Market worth $1,401 and $2 million Respectively, by 2025
The report "COVID-19 Impact on Vaccines & Drugs Market - Global Forecast to 2025"The COVID-19 impact on the global vaccines market size is estimated at USD 2,273 million in 2022 and projected to reach USD 1,401 million by 2025, resulting in a CAGR of -14.9%. On the other hand, the COVID-19 impact on the global drugs market size is anticipated at 165 million in 2020 and estimated to reach USD 2 million by 2025, at a CAGR of -57.8%.
