Press Releases from Transparency Market Research (73739 total)
Tunnel Lighting Industry on Track for $3.9B Valuation by 2031, Says Transparency …
The global tunnel lighting market, which was valued at US$ 2.4 billion in 2022, is set to expand robustly over the next several years. Driven by significant growth in demand for advanced LED lighting solutions, rising tunnel construction activities, and increased government initiatives to enhance roadway safety, the market is estimated to grow at a CAGR of 5.3% from 2023 to 2031, reaching US$ 3.9 billion by the end of…
Semiconductor Etching Equipment Market to Reach USD 21.7 Billion by 2031, Growin …
The global semiconductor etching equipment market stood at US$ 11.3 Bn in 2022 and is forecast to grow at a compound annual growth rate (CAGR) of 7.6% from 2023 to 2031, reaching US$ 21.7 Bn by the end of the forecast period. The expansion of the electronics sector, combined with technological innovations in semiconductor design and manufacturing, is driving this remarkable growth. Increasing demand for smaller, more powerful electronic devices…
Articulated Robot Market to Reach USD 38.3 Billion by 2031, Driven by Automation …
The global articulated robot market is experiencing robust growth, driven by the rapid adoption of automation technologies across diverse industries. According to recent market analysis, the industry was valued at USD 17.3 Bn in 2022 and is projected to advance at a CAGR of 8.9% from 2023 to 2031, reaching an estimated value of USD 38.3 Bn by 2031.
Market Overview: Articulated robots, often modeled after human arms, consist of multiple…
Semiconductor Plating System Market to Reach US$ 7.7 Billion by 2031, Driven by …
The global semiconductor plating system market is experiencing steady growth, driven by technological advancements, increasing semiconductor usage, and rising demand from the automotive and electronics industries. According to market research, the industry was valued at USD 5.1 Bn in 2022 and is projected to grow at a CAGR of 4.8% from 2023 to 2031, reaching approximately USD 7.7 Bn by 2031.
Market Overview: Semiconductor plating systems are crucial in the fabrication…
Multiplex Assays Market Forecast 2031: Advancements in High-throughput Testing a …
The global multiplex assays market, valued at US$3.2 billion in 2022, is projected to grow at a compound annual growth rate (CAGR) of 6.9% over the forecast period of 2023-2031, reaching an estimated US$5.9 billion by 2031. The market's expansion is primarily driven by the advantages of multiplex assays over singleplex assays and an increasing prevalence of autoimmune diseases, although high system costs remain a notable barrier.
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Neuroscience Market Forecast 2031: Breakthroughs in Brain Mapping and Neurodegen …
The global neuroscience market, valued at US$30.1 billion in 2022, is projected to grow at a compound annual growth rate (CAGR) of 3.7% over the forecast period of 2023-2031, reaching US$41.6 billion by the end of 2031. The market expansion is being fueled by a surge in degenerative neurological disorders coupled with rapid advancements in neurotechnologies.
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Neuroscience Market Outlook…
Vaginal Slings Market Forecast 2031: Minimally Invasive Solutions and Rising Uri …
The global vaginal slings market is projected to expand significantly, reaching USD 2.7 billion by 2031, up from USD 1.8 billion in 2022. The market is expected to grow at a CAGR of 4.6% from 2023 to 2031, driven by the increasing prevalence of urinary incontinence, advancements in sling materials and technology, and growing adoption of minimally invasive procedures.
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Medical Spa Market Forecast 2034: Growing Demand for Aesthetic Treatments and We …
The global medical spa market is projected to witness robust growth, reaching USD 82.5 billion by 2034, up from USD 18.3 billion in 2023. This expansion is attributed to the increasing preference for non-surgical aesthetic treatments, the growing acceptance of cosmetic medical procedures, and rising consumer spending on preventive wellness. Market analysis indicates a CAGR of 14.9% from 2024 to 2034, making the medical spa industry one of the fastest-growing…
Blood Pressure Cuffs Market Forecast 2031: Rising Hypertension Cases and Home Mo …
The global blood pressure cuffs market is projected to grow significantly, reaching USD 1.0 billion by 2031, up from USD 603.0 million in 2022. This expansion is driven by the increasing prevalence of hypertension, the rising incidence of healthcare-associated infections (HAIs), and technological advancements in automated and reusable blood pressure monitoring devices. According to market analysis, the sector is expected to exhibit a CAGR of 6.5% from 2023 to 2031.
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Surface Mount Switch Market to Reach US$ 7.9 Billion by 2031, Driven by Consumer …
The global surface mount switch market is poised for robust growth, with projections estimating the market to reach a valuation of US$ 7.9 Bn by the end of 2031 from US$ 4.3 Bn in 2022. This growth is attributed to rising demand across multiple end-use industries, most notably in consumer electronics, telecommunications, aerospace, defense, and healthcare. Surface mount switches, known for their compact size and superior electrical performance, are increasingly…
Digital Substations Market to Reach USD 16.6 Bn by 2031 Amid Rising Renewable En …
The global digital substations market was valued at US$ 9.2 Bn in 2022 and is projected to grow at a compound annual growth rate (CAGR) of 6.8% from 2023 to 2031, reaching US$ 16.6 Bn by the end of the forecast period. This growth is driven by the increasing shift towards automation, rising demand for clean energy, and the need for reliable and cost-effective power distribution infrastructure.
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Radiopharmaceutical Theranostics Market Outlook 2031: From US$ 3.0 Billion in 20 …
The global Radiopharmaceutical Theranostics Market, valued at US$ 3.0 billion in 2022, is projected to grow rapidly, advancing at a compound annual growth rate (CAGR) of 15.1% from 2023 to 2031, surpassing US$ 12.4 billion by the end of the forecast period. Theranostics combines diagnostics and therapy using radiopharmaceuticals, enabling targeted treatment for cancers like prostate, neuroendocrine tumors, and lymphoma. The market's growth is driven by rising cancer prevalence, advancements…
Metformin Hydrochloride API Market Outlook 2031: Projected to Reach US$ 500 Mill …
The global Metformin Hydrochloride API Market is projected to reach US$ 500 million by 2031, expanding at a compound annual growth rate (CAGR) of approximately 5% from 2021 to 2031. Metformin hydrochloride, the active pharmaceutical ingredient (API) in metformin, is a cornerstone treatment for type 2 diabetes, valued for its efficacy and affordability. The market's growth is driven by the rising global prevalence of diabetes, increasing demand for generic drugs,…
Oral Transmucosal Drugs Market Outlook 2031: Projected to Reach US$ 27 Billion b …
The global Oral Transmucosal Drugs Market is projected to reach US$ 27 billion by 2031, expanding at a compound annual growth rate (CAGR) of approximately 6% from 2021 to 2031. Oral transmucosal drugs, administered through the mucous membranes of the mouth (e.g., sublingual, buccal), offer rapid absorption and are used for pain management, neurological disorders, and cardiovascular emergencies. The market's growth is driven by increasing demand for fast-acting therapeutics, advancements…
Lyophilized Injectable Market Outlook 2031: Projected to Surpass US$ 5 Billion b …
The global Lyophilized Injectable Market is projected to surpass US$ 5 billion by 2031, expanding at a compound annual growth rate (CAGR) of approximately 5% from 2021 to 2031. Lyophilized injectables, freeze-dried pharmaceuticals reconstituted before administration, offer enhanced stability for biologics and small molecules used in oncology, infectious diseases, and autoimmune disorders. The market's growth is driven by rising demand for biologics, increasing prevalence of chronic diseases, and advancements in…
Sepsis Treatment Market Outlook 2031: From Over US$ 600 Million in 2020 to US$ 1 …
The global Sepsis Treatment Market, valued at over US$ 600 million in 2020, is projected to reach US$ 1.6 billion by 2031, expanding at a robust compound annual growth rate (CAGR). Sepsis, a life-threatening condition caused by the body's response to infection, requires treatments like antibiotics, corticosteroids, and supportive care. The market's growth is driven by increasing sepsis incidence, advancements in diagnostics and therapeutics, and rising healthcare investments. However, challenges…
Power Filtering Market Set to Hit USD 815.8 Million by 2031, Driven by Demand fo …
The Power Filtering Market is witnessing robust growth as industries, commercial establishments, and residential users place greater emphasis on power quality. This surge in demand is driven by the need to address voltage fluctuations, harmonic distortions, and electromagnetic interference (EMI), all of which can disrupt equipment performance and reduce operational efficiency. Power filters play a critical role in enhancing the reliability and stability of electrical systems by minimizing electrical noise…
Microinverter Market to Hit USD 45.3 Billion by 2034, Expanding at a CAGR of 17. …
Microinverters are essential components in solar energy systems, responsible for converting direct current (DC) generated by solar panels into alternating current (AC) suitable for household use or grid integration. Unlike traditional string inverters that connect multiple panels to a single unit, microinverters are installed on each individual panel. This configuration enhances overall energy efficiency, increases system reliability, and allows for more precise performance monitoring. As the global shift toward solar…
RFID Chips Market to Reach USD 23.2 Billion by 2031, Expanding at 12.3% CAGR: TM …
The RFID chips market is poised for substantial growth between 2023 and 2031, driven by increasing demand for efficient asset tracking and inventory management across a wide range of industries. This article offers a comprehensive analysis of the market, covering key aspects such as market dynamics, projected growth and valuation, segmentation analysis, regional developments, major growth drivers, and key challenges.
RFID chips market is expected to reach a valuation of…
Expectorant Drugs Market valued at USD 16.4 Bn in 2023; projected to grow at a C …
The global expectant drugs market is witnessing robust growth, driven by an uptick in respiratory ailments, a growing aging population, and the launch of innovative over-the-counter (OTC) medications. According to a recent industry report, the global market was valued at US$ 16.4 billion in 2023 and is expected to grow at a CAGR of 4.7%, reaching US$ 27.1 billion by 2034.
This growth is further fueled by strategic actions from leading…
Exosome Isolation Market to Reach USD 1.2 Billion by 2034, Driven by Advancement …
The global Exosome Isolation Market, valued at US$ 370.7 million in 2023, is poised for significant expansion, projected to reach US$ 1.2 billion by the end of 2034. With a robust CAGR of 11.6% from 2024 to 2034, the market is witnessing strong momentum, propelled by rising applications in disease diagnostics, drug delivery systems, and precision medicine. Leading players such as Thermo Fisher Scientific Inc., QIAGEN N.V., Miltenyi Biotec, and…
Epidermal Growth Factors (EGFs) Market Outlook 2034: A Promising Growth Trajecto …
The global Epidermal Growth Factors (EGFs) market is poised for robust expansion, reaching a projected value of US$ 3.7 billion by 2034, up from US$ 1.1 billion in 2023, growing at a compound annual growth rate (CAGR) of 11.3% between 2024 and 2034. The market is experiencing dynamic transformations due to rapid technological innovations, a rise in chronic disease incidence, and increased demand for regenerative medicine and oncology treatments.
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Esophageal Cancer Market Size to Grow from USD 2.2 Bn in 2023 to USD 4.6 Bn by 2 …
Esophageal cancer remains one of the most challenging malignancies globally, with high mortality rates and limited early detection capabilities. Recent advances in targeted therapies, immunotherapies, and diagnostic techniques have significantly improved patient outcomes. As awareness and early screening programs improve globally, coupled with new drug developments and regulatory approvals, the esophageal cancer market is undergoing a transformational shift. The push for personalized medicine and increasing R&D investments have contributed to…
Europe Equine Insurance Market to Reach USD 2223.3 Mn by 2035, Riding on Robust …
The Europe Equine Insurance Market, valued at US$ 915.9 million in 2024, is set to experience significant growth, with projections indicating a compound annual growth rate (CAGR) of 8.5% from 2025 to 2035. By the end of the forecast period, the market is anticipated to reach US$ 2223.3 million, driven by evolving consumer needs, growing awareness of equine welfare, and strategic expansions by key industry players.
Market participants including Agria Pet…
Dark Fiber Market to Reach USD 10.2 Billion by 2034, Growing at 4.5% CAGR: TMR A …
The Dark Fiber Market is gaining significant momentum as global demand for high-capacity and low-latency communication infrastructure continues to rise. Dark fiber, also known as unlit fiber, refers to unused optical fiber that has been laid but is not currently active. These fibers can be leased or sold to individuals or companies for private network use, offering enhanced control, speed, and security compared to shared public infrastructure.
The global dark fiber…
FLNG Terminals Industry to Hit USD 68.9 Billion by 2034, Fueled by Expanding LNG …
The global floating liquefied natural gas (FLNG) terminals market is set for robust expansion, driven by an increased focus on reducing carbon emissions and the growing adoption of natural gas in the transportation sector. Valued at US$ 21.3 Bn in 2023, the market is forecast to surge to US$ 68.9 Bn by 2034, reflecting a compound annual growth rate (CAGR) of 11.3% during the forecast period.
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E-beam Cross-Linked Marine Cables Market Growth to USD 13.6 Billion by 2034 High …
The global e-beam cross-linked marine cables market is witnessing robust growth, propelled by an increased emphasis on safe navigation, robust communication systems, and significant investments in oil & gas infrastructure. Valued at US$ 6.3 Bn in 2023, the market is expected to more than double and reach US$ 13.6 Bn by 2034, registering a compound annual growth rate (CAGR) of 7.3% during the forecast period.
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Global Hydrogen Internal Combustion Engine Market Eyes USD 51.3 Bn Milestone by …
The global hydrogen internal combustion engine (ICE) market, valued at US$ 18.2 Bn in 2023, is forecast to grow at a CAGR of 9.9% from 2024 to 2034, reaching US$ 51.3 Bn by the end of the forecast period. Increasing launches of hydrogen-powered trucks and buses in the transportation sector, combined with the global drive toward clean energy solutions, are key factors propelling this market. Hydrogen ICEs are emerging as…
Batteryless Storage Solutions Market to Skyrocket from USD 540 Mn in 2023 to USD …
The global batteryless storage solutions market, valued at US$ 540.0 Mn in 2023, is projected to surge at an impressive CAGR of 29.6% from 2024 to 2034, reaching US$ 9.2 Bn by the end of the forecast period. With the rapid expansion of the Internet of Things (IoT) and the increasing need for sustainable, eco-friendly power backup systems, batteryless energy storage-powered by supercapacitors and advanced energy-harvesting technologies-is revolutionizing the way…
De-icing Systems for Power Cables Market to Hit USD 1.1 Billion by 2034, Driven …
The global de-icing systems market for power transmission cables , valued at US$ 600.0 Mn in 2023, is projected to grow at a CAGR of 6.0% from 2024 to 2034, reaching US$ 1.1 Bn by the end of the forecast period. With severe icing disasters increasingly impacting transmission lines and compromising power system stability, advanced de-icing solutions are becoming essential to protect critical energy infrastructure in harsh weather conditions.
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Global Wafer Glass Market Set to Surpass USD 1.6 Bn by 2031, Driven by Rising De …
The global Wafer Glass Market is poised for robust growth, projected to expand at a CAGR of 18.5% from 2022 to 2031. According to market intelligence, the market was valued at USD 312.6 Mn in 2021 and is anticipated to reach USD 1.6 Bn by 2031. The surge in demand for wafer-level packaging in MEMS, image sensors, and consumer electronics is expected to be a key driver of this exponential…
Global Wireless Charger Market to Reach USD 243.3 Billion by 2031, Fueled by EVs …
The global wireless charger market was valued at USD 16.4 Bn in 2021 and is expected to surge to USD 243.3 Bn by 2031, growing at a CAGR of 31.9% during the forecast period from 2022 to 2031. This rapid growth is driven by increasing adoption of wireless charging solutions across smartphones, wearables, electric vehicles (EVs), industrial robots, and smart home devices.
Wireless charging technology eliminates the need for physical connectors…
Voice Prosthesis Devices Market Forecast 2031: Rising Demand for Post-laryngecto …
The global voice prosthesis devices market is projected to expand at a CAGR of 4.1% from 2023 to 2031, fueled by the increasing prevalence of laryngeal cancer and advancements in speech rehabilitation technologies. According to a new industry report by Transparency Market Research Inc., the market, valued at US$ 219.0 Mn in 2022, is expected to surpass US$ 319.2 Mn by 2031.
Explore pivotal insights and conclusions from our Report in…
Endoscopic Vessel Harvesting Systems Market Forecast 2031: Minimally Invasive Ca …
The global endoscopic vessel harvesting systems market, valued at US$ 507.3 Mn in 2022, is set to expand at a compound annual growth rate (CAGR) of 3.5% between 2023 and 2031. By the end of the forecast period, the market is projected to reach US$ 686.6 Mn, fueled by the increasing prevalence of cardiovascular diseases (CVDs) and a growing preference for minimally invasive surgical techniques.
Discover essential conclusions and data from…
Cervical Dilator Market Forecast 2034: Increasing Gynecological Procedures and M …
The global cervical dilator market was valued at US$123.3 million in 2023. Driven by the increasing adoption of fertility treatments and the rising demand for safe childbirth procedures, the market is expected to grow at a CAGR of 6.6% during the forecast period 2024-2034, reaching a valuation of approximately US$246.8 million by the end of 2034.
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According to recent research,…
Flow Cytometry Market Forecast 2031: Technological Advancements and Expanding Ap …
The global flow cytometry market was valued at USD 4.4 billion in 2022 and is projected to grow at a CAGR of 8.0% from 2023 to 2031, reaching approximately USD 8.8 billion by the end of 2031, according to a recent report by Transparency Market Research (TMR). Increasing prevalence of chronic diseases, growing applications in drug discovery and stem cell research, and advancements in automated and digital cytometry solutions are…
Sterilization Wrap Market Forecast 2031: Rising Focus on Infection Control and H …
The global sterilization wrap market was valued at USD 374.8 million in 2022 and is projected to expand at a CAGR of 4.5% from 2023 to 2031, reaching approximately USD 564.5 million by 2031, according to a new study by Transparency Market Research (TMR). The increasing prevalence of hospital-associated infections (HAIs) and surgical site infections (SSIs) is a key driver fueling demand for sterilization wraps worldwide.
With two-fifths of hospitalized patients…
Global Focused Ion Beam Market to Reach USD 1.4 Bn by 2031 Amid Surging Demand i …
The global Focused Ion Beam (FIB) Market is poised for substantial growth over the next decade, advancing from a market value of US$ 656.1 million in 2021 to an anticipated US$ 1.4 billion by the end of 2031, expanding at a robust CAGR of 8.3% during the forecast period (2022-2031). Rising demand for FIB instruments across semiconductor, electronics, and material science sectors is driving this growth trajectory.
Market Overview: Focused ion…
Rapid Prototyping Market Set to Surpass USD 32.4 Billion by 2031, Fueled by Grow …
The global rapid prototyping market is poised for robust expansion, projected to advance at a CAGR of 14.9% from 2022 to 2031, reaching a valuation of US$ 32.4 billion by 2031 from US$ 8.8 billion in 2021. This growth is primarily driven by the increasing adoption of rapid prototyping across diverse industries including automotive, aerospace & defense, consumer goods, and healthcare, as well as the rising influence of digital manufacturing…
Global Circuit Breaker Market to Reach USD 14.0 Bn by 2031, Driven by Electrific …
The global circuit breaker market, valued at USD 6.8 Bn in 2021, is projected to grow at a CAGR of 7.4% from 2022 to 2031, reaching USD 14.0 Bn by the end of 2031, according to analysts. This growth is largely fueled by increasing investments in energy infrastructure, advancements in smart electrical components, and rising demand for electricity across residential, industrial, and commercial sectors.
Market Overview: Circuit breakers are critical safety…
Halal and Kosher Empty Capsules Market Outlook 2031: From US$ 1.4 Billion in 202 …
The global Halal and Kosher Empty Capsules Market, valued at US$ 1.4 billion in 2021, is projected to grow robustly, expanding at a compound annual growth rate (CAGR) of 8.0% from 2022 to 2031, reaching more than US$ 2.9 billion by the end of the forecast period. These capsules, made from gelatin or plant-based materials certified as halal or kosher, cater to dietary-supplements and pharmaceuticals compliant with Islamic and Jewish…
Neurological Disorder Drugs Market Outlook 2027: Projected to Reach ~US$ 112 Bil …
The global Neurological Disorder Drugs Market is projected to reach approximately US$ 112 billion by 2027, expanding at a modest compound annual growth rate (CAGR) of approximately 5% during the forecast period. This market encompasses pharmaceuticals for treating disorders like epilepsy, Alzheimer's, Parkinson's, multiple sclerosis, and migraines. Growth is driven by the increasing prevalence of neurological disorders, advancements in drug development, and an aging global population. However, challenges such as…
Lyme Disease Treatment Market Outlook 2031: Projected to Reach US$ 3 Billion by …
The global Lyme Disease Treatment Market is projected to reach US$ 3 billion by 2031, expanding at a compound annual growth rate (CAGR) of approximately 6% from 2021 to 2031. Lyme disease, caused by Borrelia burgdorferi and transmitted through tick bites, requires treatments like antibiotics (e.g., doxycycline, amoxicillin) and, in severe cases, intravenous therapies. The market's growth is driven by increasing Lyme disease incidence, improved diagnostics, and growing awareness in…
Adrenocorticotropic Hormone (ACTH) Market Outlook 2031: From US$ 1.3 Billion in …
The global Adrenocorticotropic Hormone (ACTH) Market, valued at US$ 1.3 billion in 2020, is projected to expand at a compound annual growth rate (CAGR) of 3.9% from 2021 to 2031. ACTH, a hormone used in diagnostic tests and treatments for adrenal disorders like Addison's disease and Cushing's syndrome, plays a critical role in managing endocrine conditions. The market's growth is driven by the increasing prevalence of endocrine disorders, advancements in…
Organ Transplant Rejection Medication Market Outlook 2031: From US$ 4.9 Billion …
The global Organ Transplant Rejection Medication Market, valued at US$ 4.9 billion in 2022, is projected to grow steadily, expanding at a compound annual growth rate (CAGR) of 3.9% from 2023 to 2031, surpassing US$ 7.0 billion by the end of the forecast period. These medications, primarily immunosuppressants, are critical for preventing organ rejection in transplant recipients, including kidney, liver, heart, and lung transplants. The market's growth is driven by…
Micro-electromechanical System (MEMS) Market Expected to Reach USD 28.6 Billion …
The Micro-Electromechanical System (MEMS) market is poised for significant growth between 2024 and 2034, driven by rapid technological advancements and the expanding adoption of MEMS across various industries. This report provides an in-depth analysis of the MEMS market, covering market size and growth projections, segmentation by type and application, regional dynamics, key growth drivers and challenges, emerging trends, future outlook, competitive landscape, and recent industry developments.
The Micro-Electromechanical System (MEMS) market…
Crystal Oscillator Market Expected to Surpass USD 4.7 Billion by 2034, Fueled by …
The global crystal oscillator market is poised for significant growth between 2024 and 2034. Crystal oscillators, vital for precise frequency generation, play a critical role in electronic devices across telecommunications, consumer electronics, and automotive applications. The market is being propelled by rapid technological advancements and the growing demand for compact, energy-efficient components.
The crystal oscillator market is projected to reach a valuation of USD 4.7 billion by the end of 2034,…
EMI Filters Market Anticipated to Reach USD 392.1 Million by 2031, Fueled by Ele …
EMI filters are essential components in reducing unwanted electromagnetic interference in electronic devices. As the demand for electronic systems continues to rise, the EMI filters market is poised for significant growth. Growing concerns about electromagnetic pollution, along with increasingly stringent regulatory standards, are accelerating the adoption of these filters across a wide range of industries.
The EMI Filters Market is anticipated to reach a value of USD 392.1 billion by 2031,…
Electroencephalography Devices Market Outlook 2034: Market to Reach USD 4.7 Bn b …
The global electroencephalography (EEG) devices market is poised for significant expansion, rising from a market value of US$ 1.7 billion in 2023 to an estimated US$ 4.7 billion by 2034. This growth represents a strong CAGR of 9.6% from 2024 to 2034, according to the latest market insights.
Electroencephalography devices, widely used for diagnosing neurological disorders and monitoring brain activity, are experiencing robust demand fueled by innovation, increased awareness of mental…
Ebola Virus Vaccine Market Forecasts Robust 6.9% CAGR Through 2034, Driven by Ri …
The global Ebola virus vaccine market is projected to witness strong growth over the next decade, rising from a valuation of US$ 182.6 million in 2023 to an anticipated US$ 381.9 million by the end of 2034, expanding at a compound annual growth rate (CAGR) of 6.9%. This promising market trajectory is being driven by the increasing urgency to combat emerging infectious diseases, rising healthcare investments, and strategic collaborations among…
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