Press Releases from Transparency Market Research (73288 total)
Closed System Transfer Devices Market to Achieve USD 3.6 Billion by 2034, Booste …
The global Closed System Transfer Devices (CSTD) market was valued at USD 1.2 billion in 2023 and is projected to grow at a CAGR of 10.0%, reaching USD 3.6 billion by 2034. This growth is primarily driven by stringent occupational safety regulations, increasing awareness of healthcare worker protection, and the rising adoption of closed-system drug transfer solutions in hospitals and pharmacies worldwide.
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Pharmaceutical Testing and Analytical Services Market to Hit USD 19.7 Billion by …
Pharmaceutical testing and analytical services market, valued at USD 8.3 billion in 2023, is projected to expand at a compound annual growth rate (CAGR) of 8.0%, reaching USD 19.7 billion by 2034.market is experiencing significant growth, driven by an increasing need for stringent quality control, regulatory compliance, and innovation in pharmaceutical development. Analytical testing services are essential throughout the drug development process, ensuring the safety, efficacy, and quality of pharmaceutical…
Non-destructive Testing Market to Reach USD 31.9 Billion by 2034, Expanding at 6 …
Non-Destructive Testing (NDT) encompasses a variety of analysis techniques used across science and technology industries to assess the properties of materials, components, structures, or systems without causing damage. It is essential for ensuring product integrity, reliability, and regulatory compliance in industries such as aerospace, automotive, construction, and energy.
The global Non-Destructive Testing (NDT) market is anticipated to grow at a CAGR of approximately 6.7% from 2024 to 2034. By 2034, the…
Micro-electromechanical System (MEMS) Market to Reach USD 28.6 Billion by 2034, …
The Micro-Electromechanical System (MEMS) market is poised for significant growth between 2024 and 2034, driven by rapid technological advancements and the widening adoption of MEMS across diverse industries. This report provides an in-depth analysis of the MEMS market, covering market size and forecast, segmentation, regional dynamics, key growth drivers and challenges, emerging trends, future outlook, competitive landscape, and recent industry developments.
The Micro-Electromechanical System (MEMS) market is projected to reach a…
Energy Measurement IC Market to Hit USD 8.39 Billion by 2031, Growing at 7.4% CA …
The global Energy Measurement IC Market is set to experience substantial growth, driven by increasing demand for energy-efficient technologies, widespread adoption of smart grids, and the integration of IoT-enabled metering systems. Leading industry players are prioritizing R&D efforts to boost measurement precision, improve power efficiency, and support real-time energy monitoring capabilities.
The Energy Measurement IC Market is projected to attain a value of USD 8.39 billion by 2031, growing at a…
Cable Assembly Market to Reach USD 292.6 Billion by 2031, Driven by EV Expansion …
Cable assembly market is projected to grow robustly from 2024 through 2034, fueled by the explosive growth in telecommunications, automotive electronics, aerospace, and industrial automation. Cable assemblies-comprising connectors and wires bundled into a single unit-offer streamlined installation, reduced error rates, and enhanced durability in complex systems. These features make them indispensable across high-tech environments where speed, precision, and reliability are paramount.
Cable Assembly market is projected to reach a valuation of…
Europe Home Textile Market on Track for USD 35.6 Billion Milestone with 5% CAGR …
The European home textile market is undergoing a transformative phase, marked by a fusion of aesthetic innovation and sustainability. The sector encompasses a broad range of products including bed linens, bath textiles, curtains, upholstery, kitchen linens, and more. Changing consumer behavior, particularly a growing inclination toward home personalization and comfort, has catalyzed the demand for premium and customized textiles. Furthermore, post-pandemic lifestyle shifts, with people spending more time at home,…
Global Microwaveable Stuffed Animal Toys Market to Grow at 5.2% CAGR Through 203 …
The global microwaveable stuffed animal toys market is gaining strong momentum, driven by rising consumer interest in wellness, comfort products, and therapeutic toys. According to recent market analysis, the industry was valued at US$ 230.2 Mn in 2021 and is projected to reach US$ 382.8 Mn by 2031, expanding at a compound annual growth rate (CAGR) of 5.2% from 2022 to 2031. These cozy, heatable plush toys are now being…
Plastic Processing Equipment Market Expands at 4% CAGR Amid Rising Industrial De …
Plastic processing equipment refers to the machinery and tools used to manufacture plastic products by molding, extrusion, forming, and other processing methods. These machines are essential for converting raw plastic materials into usable items such as packaging, automotive parts, consumer goods, and construction materials. Over the years, the market has seen robust demand, propelled by innovations in processing techniques and a growing need for sustainable, efficient, and scalable solutions. The…
North America Residential Outdoor Gas Fire Pits Market to Grow at 8.6% CAGR Thro …
The residential outdoor gas fire pits market in North America has experienced a notable evolution over the last decade. As outdoor living spaces increasingly become extensions of the home, consumers are investing more in features that enhance both comfort and ambiance. Among these features, gas fire pits have surged in popularity due to their convenience, cleanliness, and aesthetic appeal. Unlike traditional wood-burning fire pits, gas-powered units offer ease of ignition,…
Acrylic Laminates Market Poised for US$3.4 Billion Growth by 2031 Amid Rising Ne …
The global acrylic laminates market, valued at US$2.1 billion in 2022, is poised for steady growth over the next decade. It is estimated to advance at a compound annual growth rate (CAGR) of 5.5% from 2023 to 2031, reaching US$3.4 billion by the end of 2031. This expansion reflects the rising demand for durable, aesthetically appealing surfaces in construction, furniture, and interior design, driven by urbanization, consumer preferences, and innovative…
Global Fuel Diversification and Energy Security Needs Propel Methanol to Gasolin …
The global methanol to gasoline (MTG) market, valued at US$2.2 billion in 2022, is set for robust growth over the next decade. It is estimated to advance at a compound annual growth rate (CAGR) of 7.3% from 2023 to 2031, reaching US$4.2 billion by the end of 2031. This expansion reflects the rising demand for alternative fuels, driven by energy security concerns, cost-effective methanol feedstocks, and the push for cleaner…
Electrocoagulation Market to Reach US$4.0 Billion by 2031 Amid Rising Demand for …
The global electrocoagulation market, valued at US$2.3 billion in 2022, is poised for steady growth over the next decade. It is estimated to advance at a compound annual growth rate (CAGR) of 5.7% from 2023 to 2031, reaching US$4.0 billion by the end of 2031. This expansion reflects the increasing adoption of electrocoagulation for sustainable wastewater treatment, driven by stringent environmental regulations, industrial demand, and technological advancements. As global water…
Thermophotovoltaics Market to Reach US$ 17.4 Million by 2031 Driven by Demand fo …
The global thermophotovoltaics (TPV) market, valued at US$9.7 million in 2022, is set for steady growth over the next decade. It is estimated to advance at a compound annual growth rate (CAGR) of 6.7% from 2023 to 2031, reaching US$17.4 million by the end of 2031. This expansion reflects the rising adoption of TPV systems for efficient energy conversion, driven by space exploration, industrial waste heat recovery, and the global…
Pink Hydrogen Market Set to Surpass USD 5.8 Billion by 2031, Growing at a 43.2 % …
The global pink hydrogen market(https://www.transparencymarketresearch.com/pink-hydrogen-market.html) is set to experience extraordinary growth over the next few years, driven by the increasing demand for clean energy and the urgent need to reduce greenhouse gas emissions. Valued at US$ 160.0 Mn in 2022, the market is forecast to expand at a compound annual growth rate (CAGR) of 43.2% from 2023 to 2031, reaching US$ 5.8 Bn by 2031. Pink hydrogen, produced via electrolysis…
Marine Propulsion & Auxiliary Power Market Forecasted to Achieve USD 44.6 Bn by …
The global marine propulsion and auxiliary power market(https://www.transparencymarketresearch.com/marine-propulsion-and-auxiliary-power-market.html) is set for steady growth over the next 25 years, driven by an increasing demand for fuel-efficient systems and stringent government regulations aimed at reducing carbon emissions. Valued at US$ 10.6 Bn in 2021, the market is projected to expand at a compound annual growth rate (CAGR) of 5.1% from 2022 to 2050, reaching US$ 44.6 Bn by the end of 2050.…
Global Ultrafiltration Industry Set to Reach USD 6.8 Billion by 2031, Expanding …
The global ultrafiltration market (https://www.transparencymarketresearch.com/ultrafiltration-market.html) was valued at US$ 2.3 Bn in 2022 and is estimated to advance at a compound annual growth rate (CAGR) of 12.8% from 2023 to 2031. By the end of 2031, the market is projected to reach US$ 6.8 Bn. This optimistic outlook is driven by technological advancements in the ultrafiltration process and an increasing demand for clean water in industrial applications.
The ultrafiltration market leverages…
District Heating Industry Set to Top USD 1.9 Trillion by 2031 with 3.4 % CAGR Gr …
The global district heating market(https://www.transparencymarketresearch.com/district-heating-market.html) was valued at US$ 1.4 Trn in 2022 and is projected to expand at a CAGR of 3.4% from 2023 to 2031, reaching an estimated US$ 1.9 Trn by the end of 2031. This growth is driven by increasing focus on environmental sustainability, the adoption of renewable energy sources, and government policies aimed at reducing greenhouse gas emissions.
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Semiconductor Etching Equipment Market Surges at 7.6% CAGR, Projected to Hit USD …
Semiconductor etching is at the heart of modern chip fabrication, enabling the precise removal of material layers to define circuitry at nanometer scales. The global semiconductor etching equipment market, valued at USD 11.3 billion in 2022, is on an accelerated growth trajectory. With a projected compound annual growth rate (CAGR) of 7.6% from 2023 through 2031, the market is expected to nearly double reaching USD 21.7 billion by the end…
Global Silicon Carbide (SiC) MOSFETs Market Outlook 2031: Size to Soar to US$ 13 …
The global silicon carbide MOSFETs market, valued at USD 1.4 billion in 2022, is set to achieve explosive growth through 2031, expanding at a compound annual growth rate (CAGR) of 29.8% to reach USD 13.5 billion by the end of the forecast period. This press release examines the market's current landscape, emerging dynamics, key players, regional outlook, and the myriad opportunities that define this next-generation power semiconductor segment.
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Gallium Nitride (GaN) Epitaxial Wafers Market to Reach USD 525.2 Million by 2031 …
The global gallium nitride (GaN) epitaxial wafers market was valued at USD 267.8 million in 2022 and is poised to nearly double, reaching USD 525.2 million by 2031, driven by a robust CAGR of 7.8% over the 2023-2031 forecast period. GaN epitaxial wafers thin, high-quality layers of GaN semiconductor material grown on substrates such as silicon carbide (SiC) or sapphire serve as the foundational building blocks for next-generation power electronics,…
Global Interactive Display Market Surging Toward USD 18.7 Billion by 2031, Fuele …
The global interactive display market, valued at USD 9.1 billion in 2022, is poised for robust growth through 2031. Forecasts indicate a compound annual growth rate (CAGR) of 8.3% from 2023 to 2031, propelling the market to an estimated USD 18.7 billion by the end of the forecast period. Rising demand for interactive learning tools, increasing popularity of interactive signage and advertising, and the proliferation of touch-enabled collaboration solutions across…
Photonic Integrated Circuits Market to Soar to USD 98.7 Billion by 2031, Registe …
The global Photonic Integrated Circuits (PIC) market is set to experience unprecedented expansion over the next decade. Valued at USD 10.2 billion in 2022, the industry is projected to grow at a 29.2% compound annual growth rate (CAGR) from 2023 through 2031, reaching USD 98.7 billion by the end of 2031. Analysts observe that rising demand for ultra-high-speed communication, coupled with increased adoption of photonic technologies in space applications and…
Diagnostic Specialty Antibodies Market Expected to Reach USD 41.4 Billion by 203 …
Diagnostic Specialty Antibodies Market was valued at USD 26.1 billion in 2022 and is projected to expand at a compound annual growth rate (CAGR) of 5.4% from 2023 to 2031. By the end of 2031, the market is expected to reach approximately USD 41.4 billion. This steady growth is attributed to advancements in monoclonal and recombinant antibody production, increased healthcare expenditure, and rising awareness about the benefits of early disease…
Apoptosis Assays Market Projected to Surpass USD 11.3 Billion by 2034, Boosted b …
The apoptosis assays market is witnessing rapid growth, with a projected compound annual growth rate (CAGR) of 8.5% from 2024 to 2034. The market, valued at USD 4.6 billion in 2023, is expected to reach USD 11.3 billion by 2034. This growth is primarily driven by increasing demand for apoptosis measurement techniques in drug discovery, clinical diagnostics, and stem cell research. The introduction of innovative assay kits, the emergence of…
Structural Heart Devices Market Set to Reach USD 20.5 Billion by 2031, Driven by …
Structural heart devices market was valued at USD 11.9 billion in 2022 and is projected to grow at a compound annual growth rate (CAGR) of 6.5%, reaching USD 20.5 billion by 2031. The development and approval of new structural heart interventions, along with increased research and development activities, are expected to fuel this growth.
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The structural heart devices market is…
Tympanostomy Products Market Poised to Hit USD 139.7 Million by 2031, Fueled by …
The global tympanostomy products market was valued at USD 103.6 million in 2022 and is projected to expand at a compound annual growth rate (CAGR) of 3.4% from 2023 to 2031, reaching USD 139.7 million by the end of the forecast period. The market is experiencing steady growth, fueled by increasing cases of ear infections, the rising adoption of minimally invasive procedures, and continuous technological advancements in tympanostomy tubes and…
Spintronic Devices Market Accelerates with 24.7% CAGR, Driven by Demand for MRAM …
Spintronic devices, which utilize the intrinsic spin of electrons along with their charge, are emerging as a revolutionary technology in the field of electronics. These devices offer significant advantages over traditional electronic components, including non-volatility, increased data processing speed, reduced power consumption, and improved data storage density. Applications of spintronic devices span across memory (MRAM), sensors, logic devices, and quantum computing. Growing interest in energy-efficient electronics and rapid advances in…
RF Phase Shifter Market Set to Expand at 8.1% CAGR, Hitting USD 4.9 Billion by 2 …
The RF phase shifter market is experiencing substantial growth, driven by the rising adoption of advanced communication technologies, radar systems, and 5G infrastructure. These components play a crucial role in phased-array antennas, beamforming networks, and signal processing applications. Market expansion is fueled by advancements in wireless communication, aerospace and defense applications, and the increasing demand for efficient signal transmission solutions.
RF Phase Shifter market is projected to reach a valuation of…
Outdoor Power Equipment Market to Reach USD 42.8 Billion by 2034, Growing at 3.1 …
Outdoor power equipment (OPE) refers to tools and machinery used for landscaping, gardening, and outdoor construction tasks. These products are commonly employed across residential, commercial, and industrial sectors for activities such as lawn mowing, snow removal, and general garden maintenance.
The Outdoor Power Equipment market is expected to reach a valuation of US$ 42.8 billion by 2034. Additionally, the report projects that the market will grow at a compound annual…
Autonomous Mobile Robots Market Set to Exceed USD 6.9 Billion by 2031
The Autonomous Mobile Robots market is witnessing strong growth, fueled by the rapid advancement of robotics, artificial intelligence, and the surging need for automation across industries. In 2021, the market size was valued at approximately USD 2.3 billion, and it is expected to expand at a CAGR of 11.7% from 2022 to 2031. Some projections even suggest the market could surpass USD 6.9 billion by 2031, highlighting its dynamic evolution.
Autonomous…
North America Insect Repellent Apparel Market to Expand at 5.4% CAGR, Reaching U …
Insect repellent apparel has emerged as a practical and effective solution in North America's ongoing fight against vector-borne diseases such as Lyme disease, West Nile virus, and Zika. This specialized clothing, often treated with synthetic or natural repellents, offers protection from bites while maintaining wearability for both casual and performance outdoor settings. The growing preference for multifunctional clothing among consumers who enjoy outdoor recreation has significantly contributed to the increased…
Bicycle and Motorcycle Helmets Market to Maintain 5% CAGR Amid Booming E-Mobilit …
The global bicycle and motorcycle helmets market has been on a steady growth trajectory, fueled by rising safety awareness, stricter regulations, and technological innovations. Valued at over US$ 4.4 billion in 2021, the market is poised to experience substantial expansion, projected to surpass US$ 7.2 billion by 2031 at a CAGR of 5% during the forecast period. With a surge in global demand for enhanced safety gear, companies are strategically…
North America Online Premium Home Improvement Market to Expand at 6.2% CAGR Thro …
The North America online premium home improvement market has witnessed a remarkable transformation over the past decade, fueled by technological innovation, changing consumer lifestyles, and a growing emphasis on luxury and customization in living spaces. As homeowners increasingly seek to create personalized, high-end environments, online platforms have emerged as key channels for purchasing premium home improvement products. The convenience of digital shopping, combined with expansive product offerings and seamless delivery…
Europe Household Food Waste Composting Machine Market to Grow at 5.3% CAGR, Reac …
The Europe household food waste composting machine market has emerged as a critical sector amid growing concerns about environmental sustainability and waste management. These machines offer an efficient solution to manage food waste at the source, converting kitchen scraps into valuable compost. Increasing awareness among European consumers regarding food waste reduction, coupled with governmental regulations and initiatives promoting sustainable waste management practices, is driving demand across the region. As a…
Printing Paper and Film Market Set to Reach US$ 87.4 Billion by 2031 as Demand f …
The global printing paper and film market, valued at US$65.8 billion in 2021, is poised for steady growth over the next decade. It is estimated to advance at a compound annual growth rate (CAGR) of 2.9% from 2022 to 2031, reaching US$87.4 billion by the end of 2031. This expansion reflects the sustained demand for printing paper and films in packaging, publishing, and commercial printing, driven by e-commerce growth, sustainable…
Growing Demand for Household and Industrial Cleaners to Propel SLS and LABSA Mar …
The global SLS and LABSA (Linear Alkylbenzene Sulfonic Acid) market, valued at US$4.3 billion in 2021, is set for steady growth over the next decade. It is estimated to advance at a compound annual growth rate (CAGR) of 4.3% from 2022 to 2031, reaching US$6.5 billion by the end of 2031. This expansion reflects the rising demand for anionic surfactants in personal care, home care, and agrochemical sectors, driven by…
Growing Focus on Clean Energy and Water-Based Power Generation to Drive Hydroele …
The global hydroelectric cells market, valued at US$1.7 billion in 2021, is poised for robust growth over the next decade. It is estimated to advance at a compound annual growth rate (CAGR) of 6.1% from 2022 to 2031, reaching US$3.0 billion by the end of 2031. This strong expansion reflects the increasing adoption of hydroelectric cells as sustainable energy solutions, driven by the global push for renewable energy, technological advancements,…
Rising Investments in Nature-Based Solutions and Environmental Sustainability to …
The global ecological restoration service market, valued at US$35.8 billion in 2021, is poised for robust growth over the next decade. It is estimated to advance at a compound annual growth rate (CAGR) of 9.4% from 2022 to 2031, reaching US$87.9 billion by the end of 2031. This significant expansion reflects the rising demand for ecosystem restoration to combat biodiversity loss, climate change, and land degradation, driven by government initiatives,…
Biogas Compression Market Expected to Cross USD 319.2 Million by 2031, Rising at …
The global biogas compression market(https://www.transparencymarketresearch.com/biogas-compression-market.html), valued at US$ 56.6 million in 2022, is set to experience robust growth. With an anticipated CAGR of 21.2% from 2023 to 2031, the market is projected to reach US$ 319.2 million by the end of 2031. This growth is primarily driven by increasing concerns about greenhouse gas emissions, rising government initiatives to promote clean energy, and the expansion of biogas compression facilities worldwide.
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Cobalt-free Battery Market Valued at USD 267.0 Million in 2022, Expected to Reac …
The global cobalt-free battery market(https://www.transparencymarketresearch.com/cobalt-free-battery-market.html), valued at US$ 267.0 million in 2022, is set to experience robust growth over the next several years. With an anticipated CAGR of 18.1% from 2023 to 2031, the market is projected to reach US$ 2.8 billion by the end of 2031. This expansion is driven by the rising demand for cobalt-free batteries in electric vehicles (EVs) and the increasing need for economically feasible battery…
Battery Swapping Market to Surge at 35.6% CAGR, Hitting USD 37.1 Billion by 2031 …
The global battery swapping market(https://www.transparencymarketresearch.com/battery-swapping-market.html), valued at US$ 2.4 billion in 2022, is poised for explosive growth. With an estimated CAGR of 35.6% from 2023 to 2031, the market is projected to reach US$ 37.1 billion by the end of 2031. Key drivers include rising investments in battery swapping infrastructure and increasing electric vehicle (EV) production worldwide.
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Analysts' Viewpoint…
Foldable and Flexible Battery Market Reaches USD 267.0 Million in 2022, Forecast …
The global foldable/flexible battery market(https://www.transparencymarketresearch.com/foldable-flexible-battery-market.html), valued at US$ 267.0 million in 2022, is projected to experience explosive growth at a CAGR of 30.1% from 2023 to 2031, reaching US$ 2.8 billion by the end of 2031. This remarkable expansion is driven by the rising demand for wearable devices, flexible electronic products, and the increasing adoption of smart textiles.
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Silicon Carbide (SiC) Power Semiconductors Market to Surge to US$ 11.7 Billion b …
The global Silicon Carbide (SiC) power semiconductors market is witnessing unprecedented growth, driven by the increasing demand for high-efficiency power devices across various industries such as electric vehicles (EVs), renewable energy, consumer electronics, and industrial applications. The market, valued at US$ 1.8 billion in 2024, is expected to grow at a compound annual growth rate (CAGR) of 19.0%, reaching US$ 11.7 billion by 2035. The silicon carbide power semiconductor market's…
Integrated Passive Devices Market on Track for Strong Growth, Projected to Reach …
The global Integrated Passive Devices (IPD) market is experiencing significant growth, fueled by the ongoing demand for miniaturization and high-performance electronics across various industries. Valued at US$ 1.5 billion in 2024, the market is projected to grow at a compound annual growth rate (CAGR) of 7.0% from 2025 to 2035, reaching a market size of US$ 3.2 billion by the end of 2035. Integrated passive devices, which combine multiple passive…
Global NFC Chip Market to Reach US$ 5.8 Bn by 2031, Driven by Surge in Contactle …
The Global NFC Chip Market is on a robust growth trajectory, with a market value projected to rise from USD 1.5 billion in 2021 to USD 5.8 billion by 2031, expanding at an impressive CAGR of 14.6% during the forecast period. Fueled by the increasing demand for faster data transmission, low-latency communication, and secure contactless payment systems, NFC chip technology is becoming central to industries ranging from consumer electronics to…
Objective Lens Market Expands with Digital Imaging Demand, Projected at US$ 6.3 …
The global objective lens market was valued at US$ 3.7 billion in 2024 and is projected to reach US$ 6.3 billion by 2035, expanding at a CAGR of 4.9% from 2025 to 2035. Objective lenses are indispensable components in optical systems, including microscopes, telescopes, cameras, and X-ray imaging devices. With the rising demand for precision imaging across healthcare, semiconductor, and industrial sectors, the objective lens market is experiencing remarkable growth,…
Cast Saw Devices Market is forecasted to reach USD 273.6 Million by 2031, propel …
The global cast saw devices market was valued at USD 182.8 million in 2022 and is projected to grow at a compound annual growth rate (CAGR) of 4.6% from 2023 to 2031, reaching approximately USD 273.6 million by the end of the forecast period. This growth is primarily attributed to the rising prevalence of orthopedic conditions worldwide, fueled by an aging population, increased diagnosis rates, and a sedentary lifestyle contributing…
Machine Safety Market to Reach USD 11,146.90 Mn by 2035, Driven by 6.07% CAGR Am …
The global machine safety market, valued at USD 5,732.91 Mn in 2024, is poised for robust expansion, projected to grow at a CAGR of 6.07% between 2025 and 2035, ultimately reaching USD 11,146.90 Mn by 2035. According to analysts, as industries transition towards automation and connected manufacturing systems, machine safety has evolved into a strategic business necessity integral to enhancing employee welfare, minimizing downtime, and safeguarding valuable equipment.
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Sterilization Services Market is projected to achieve USD 10.1 Billion by 2031, …
The global sterilization services market was valued at USD 4.6 billion in 2022 and is projected to grow at a CAGR of 9.5% from 2023 to 2031, reaching USD 10.1 billion by the end of the forecast period. The increasing demand for sterilization in the healthcare sector, driven by the need for infection control and regulatory compliance, is a key factor fueling market expansion. Technological advancements in sterilization techniques, including…
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