Press Releases from Transparency Market Research (73649 total)
Continuous Monitoring Products in Healthcare Industry Market to Surpass US$ 20.5 …
The global Continuous Monitoring Products in Healthcare Industry market was valued at US$ 4.3 Bn in 2024 and is projected to reach more than US$ 20.5 Bn by 2035, expanding at a CAGR of 15.2% during the forecast period from 2025 to 2035, according to the latest research study by Transparency Market Research Inc.
Stringent regulatory guidelines, increasing demand for patient safety, and advancements in cloud-connected monitoring equipment are among the…
Laryngeal Implants Market to Surpass US$ 221.9 Mn by 2035 Amid Surge in Voice Di …
The global laryngeal implants market was valued at US$ 136.1 Mn in 2024 and is projected to reach US$ 221.9 Mn by 2035, expanding at a CAGR of 4.5% from 2025 to 2035, according to a recent study by Transparency Market Research Inc. The rising prevalence of voice disorders, especially among the aging population, and the development of advanced biocompatible materials and minimally invasive surgical techniques are expected to drive…
Drug-Eluting Stents Market to Reach US$ 14.2 Bn by 2035, Driven by Technological …
The global drug-eluting stents (DES) market was valued at US$ 7.7 Bn in 2024 and is projected to surpass US$ 14.2 Bn by 2035, expanding at a CAGR of 5.7% during the forecast period from 2025 to 2035, according to a new market report published by Transparency Market Research Inc. Increasing prevalence of cardiovascular diseases (CVDs), rising demand for minimally invasive cardiac procedures, and technological advancements in drug and stent…
Tissue Sealants & Adhesives Market to Surpass USD 4.6 Bn by 2035 | Rising Demand …
The global Tissue Sealants & Adhesives Market, valued at US$ 2,302.9 Mn in 2024, is poised for substantial expansion, projected to reach over US$ 4,607.0 Mn by 2035, growing at a compound annual growth rate (CAGR) of 6.4% from 2025 to 2035. Transparency Market Research's latest analysis reveals that increasing adoption of bio-adhesives, heightened awareness of advanced wound care solutions, and a shift toward minimally invasive surgical procedures are the…
Respiratory Syncytial Virus Vaccine Market Forecast 2035: Rising Infant Immuniza …
The global Respiratory Syncytial Virus (RSV) vaccine market is entering a transformative era. With rising awareness of RSV's burden on public health especially among infants, the elderly, and immunocompromised individual's healthcare systems are urgently embracing innovative immunization strategies. According to Transparency Market Research, the global RSV vaccine market, which was valued at US$ 3.7 Bn in 2024, is projected to cross US$ 15.9 Bn by 2035, growing at an impressive…
Digital Pathology Market Forecast 2035: AI Integration and Demand for Remote Dia …
The global digital pathology market is witnessing rapid expansion, propelled by advancements in imaging technology, the adoption of artificial intelligence (AI), and a growing emphasis on diagnostic accuracy and workflow efficiency. From being a niche innovation to becoming an indispensable component of modern diagnostic workflows, digital pathology is revolutionizing how pathologists work. Valued at US$ 1.1 Bn in 2024, the market is forecast to grow at an impressive CAGR of…
Intrauterine Devices Market Forecast 2035: Growing Focus on Long-acting Contrace …
The global intrauterine devices (IUDs) market is on a robust growth trajectory. Valued at US$ 4.7 billion in 2024, it is forecast to expand at a healthy CAGR of 10.6% between 2025 and 2035, ultimately crossing US$ 14.2 billion by the end of 2035. This strong performance reflects the market's evolution as demand for safe, long-acting, and reversible contraceptives rises worldwide. Key factors such as increased awareness, supportive government initiatives,…
Wearable Healthcare Devices Market Forecast 2035: Advancements in Remote Monitor …
The global wearable healthcare devices market is experiencing transformative growth, fueled by rising health awareness, advances in real-time monitoring, and the integration of wearables with telehealth platforms. Valued at US$ 70.4 Bn in 2024, the market is projected to reach over US$ 379.4 Bn by 2035, reflecting an impressive CAGR of 16.9% between 2025 and 2035.
This explosive growth is underpinned by consumers' increasing demand for preventive care, technology-driven personalized health…
Physician Dispensed Cosmeceuticals Market Forecast 2035: Rising Demand for Profe …
The physician dispensed cosmeceuticals market is undergoing a dynamic transformation, fueled by consumers' growing preference for clinically tested, science-backed skincare solutions. According to the latest industry report, the global market was valued at US$ 20.7 Bn in 2024 and is projected to reach approximately US$ 44.6 Bn by 2035, reflecting a steady CAGR of 7.1% from 2025 to 2035. This surge underscores how modern consumers are prioritizing skin health alongside…
Bruise Treatment Market Outlook 2031: From US$ 312.3 Million in 2021 to Over US$ …
The global Bruise Treatment Market, valued at US$ 312.3 million in 2021, is projected to grow at a compound annual growth rate (CAGR) of 3.5% from 2022 to 2031, surpassing US$ 444 million by 2031. Bruise treatment involves products like topical creams, gels, and oral supplements to reduce bruising caused by trauma, surgeries, or medical conditions. The market is driven by increasing injury incidence, growing awareness of bruise management, and…
Retinal Disorders Treatment Market Outlook 2030: From US$ 9.18 Billion in 2022 t …
The global Retinal Disorders Treatment Market, valued at US$ 9.18 billion in 2022, is projected to reach US$ 19 billion by 2030, growing at a compound annual growth rate (CAGR) of 7% during the forecast period. Retinal disorders, such as age-related macular degeneration (AMD), diabetic retinopathy, and retinal vein occlusion, are treated with anti-VEGF therapies, laser treatments, and emerging gene therapies. The market is driven by an aging population, rising…
Dental Anesthetics Market Outlook 2031: From US$ 705.5 Million in 2021 to Over U …
The global Dental Anesthetics Market, valued at US$ 705.5 million in 2021, is projected to grow at a compound annual growth rate (CAGR) of 2.6% from 2022 to 2031, surpassing US$ 904.1 million by 2031. Dental anesthetics, such as lidocaine and articaine, are used to manage pain during dental procedures like extractions, root canals, and implants. The market is driven by increasing dental procedures, growing awareness of oral health, and…
Anaphylaxis Market Forecast to 2035: USD 2.1 Billion in 2024 to USD 3.9 Billion …
The global anaphylaxis market is poised for sustained expansion, with industry valuation anticipated to rise from US$ 2.1 billion in 2024 to more than US$ 3.9 billion by the end of 2035, growing at a compound annual growth rate (CAGR) of 5.9%. Increasing prevalence of severe allergic reactions, rising awareness, and continued innovation in epinephrine delivery systems are pivotal to this market's trajectory.
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Drug Delivery Systems Market Size Worth USD 462.9 Billion by 2035, Expanding at …
The global drug delivery systems market is undergoing a dynamic transformation as it continues to evolve with advancements in technology and increasing focus on patient-centric care. Valued at US$ 265.9 billion in 2024, the market is expected to witness robust expansion, reaching US$ 462.9 billion by 2035, growing at a compound annual growth rate (CAGR) of 5.1% during the forecast period. This growth trajectory is being strongly influenced by escalating…
Implantable Medical Devices Market Outlook 2035: CAGR of 6.4% to Drive Market Si …
The global implantable medical devices market is poised for substantial growth over the next decade, underpinned by ongoing innovation, expanding geriatric demographics, and rising prevalence of chronic diseases. According to the latest market intelligence, the industry-valued at US$ 97.2 billion in 2024-is projected to grow at a CAGR of 6.4% between 2025 and 2035, reaching an estimated US$ 189.6 billion by the end of the forecast period.
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Facial Injectables Market to Surpass US$ 27.0 Billion by 2035 Fueled by Non-surg …
The global facial injectables market was valued at US$ 10.3 Bn in 2024 and is expected to reach US$ 27.0 Bn by 2035, expanding at a CAGR of 9.2% from 2025 to 2035, according to a market intelligence report published by Transparency Market Research Inc. Rising preference for non-invasive aesthetic treatments, aging population, and growing male interest in cosmetic enhancements are key contributors to the rapid market growth.
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Transplant Diagnostics Market to Surpass US$ 17.2 Bn by 2035 with CAGR of 7.3% F …
The global transplant diagnostics market was valued at US$ 7.8 Bn in 2024 and is projected to reach US$ 17.2 Bn by 2035, expanding at a CAGR of 7.3% from 2025 to 2035, according to a comprehensive market study by Transparency Market Research. The surge in organ transplant procedures, growing awareness of organ donation, and rapid technological advancements in molecular diagnostics and genetic testing are major factors accelerating market growth.
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Coronary Stents Market to Cross US$ 12.8 Bn by 2035 Driven by Minimally Invasive …
The global coronary stents market was valued at US$ 7,222.5 Mn in 2024 and is projected to expand at a CAGR of 5.3% from 2025 to 2035, reaching US$ 12,846.6 Mn by 2035, according to a new market outlook by Transparency Market Research. Market growth is fueled by increasing prevalence of coronary artery disease (CAD), rising preference for minimally invasive procedures, and favorable reimbursement frameworks across key healthcare economies.
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Smart Insulin Pens & Pumps Market Forecast 2035: Digital Diabetes Management and …
The global Smart Insulin Pens & Pumps Market is poised for significant transformation, driven by rising diabetes prevalence and the pressing demand for personalized, efficient, and user-friendly insulin delivery solutions. Valued at US$ 6.1 Bn in 2024, the market is projected to grow at a CAGR of 8.5% from 2025 to 2035, surpassing US$ 14.6 Bn by the end of 2035. As healthcare increasingly adopts patient-centric approaches and connected medical…
Middle East and Africa Infusion Pump Market to Surpass USD 850.1 Million by 2035 …
The Middle East and Africa (MEA) Infusion Pump Market, valued at US$ 413.2 million in 2024, is poised for significant growth over the next decade. According to recent market analysis, the sector is projected to expand at a CAGR of 6.7% from 2025 to 2035, reaching US$ 850.1 million by the end of the forecast period. The uptick in chronic diseases, technological innovations, and rising healthcare investments are accelerating the…
Life Science Microscopy Devices Market Forecast 2035: Technological Innovations …
The global Life Science Microscopy Devices Market, valued at US$ 2.0 Billion in 2024, is projected to reach US$ 3.8 Billion by the end of 2035, growing at a steady CAGR of 5.8% during the forecast period (2025-2035). As digital transformation accelerates across life sciences, microscopy technology is evolving to meet rising demands in diagnostics, drug discovery, and biomedical research.
Life science microscopy devices play a pivotal role in biological research,…
Dermatoscope Market Forecast 2035: Technological Advancements in Skin Imaging an …
The global dermatoscope market, valued at US$ 1.0 Bn in 2024, is projected to grow at a CAGR of 11.2% from 2025 to 2035, crossing US$ 3.3 Bn by 2035. This impressive trajectory reflects a growing emphasis on early detection of skin diseases, increasing consumer awareness about skin health, and rapid technological advancements integrating artificial intelligence (AI) and digital imaging into dermatoscopy. As non-invasive diagnostic tools become essential for dermatologists…
Middle East and Africa Enteral Feeding Devices Market Forecast 2035: Growing Agi …
The Middle East and Africa enteral feeding devices market is poised for consistent growth, expected to increase from US$ 113.7 million in 2024 to US$ 196.6 million by 2035, reflecting a CAGR of 5.0% during the forecast period. This steady expansion reflects a convergence of factors: a growing aging population, rising prevalence of chronic illnesses like cancer and gastrointestinal disorders, technological advancements in enteral feeding systems, and increased awareness of…
Anti-aging Market Forecast 2035: Rising Demand for Aesthetic Wellness and Longev …
The global anti-aging market, encompassing an extensive array of topical skincare, injectables, devices, and aesthetic services, continues its steady evolution. With an estimated market value of US$ 79.5 billion in 2024, the industry is projected to nearly double, reaching US$ 168.9 billion by 2035 at a CAGR of 7.0%. This growth is driven by shifting consumer preferences, the rise of non-invasive aesthetic procedures, technological breakthroughs, and demographic changes that extend…
Stem Cells Market Outlook 2035: From US$ 92.5 Billion in 2024 to Over US$ 280.2 …
The global Stem Cells Market, valued at US$ 92.5 billion in 2024, is projected to grow at a compound annual growth rate (CAGR) of 10.5% from 2025 to 2035, surpassing US$ 280.2 billion by 2035. Stem cells, including embryonic, adult, and induced pluripotent stem cells (iPSCs), are pivotal in regenerative medicine, treating conditions like cancer, neurological disorders, and cardiovascular diseases. The market's growth is driven by advancements in stem cell…
Medical Imaging Equipment Market Outlook 2035: From US$ 47.8 Billion in 2024 to …
The global Medical Imaging Equipment Market, valued at US$ 47.8 billion in 2024, is projected to grow at a compound annual growth rate (CAGR) of 4.5% from 2025 to 2035, surpassing US$ 74.6 billion by 2035. Medical imaging equipment, including MRI, CT, ultrasound, X-ray, and nuclear imaging systems, is critical for diagnosing conditions like cancer, cardiovascular diseases, and neurological disorders. The market is driven by technological advancements, increasing chronic disease…
Home Healthcare Market Outlook 2035: From US$ 343.0 Billion in 2024 to Over US$ …
The global Home Healthcare Market, valued at US$ 343.0 billion in 2024, is projected to grow at a compound annual growth rate (CAGR) of 10.3% from 2025 to 2035, surpassing US$ 1,006.4 billion by 2035. Home healthcare encompasses services like skilled nursing, physical therapy, and medical equipment used in patients' homes for chronic disease management, post-surgical care, and elderly support. The market is driven by an aging population, rising chronic…
FinFET Technology Market Outlook: USD 163.6 Billion by 2031, Driven by Advanced …
The FinFET Technology Market represents a significant leap forward in semiconductor innovation, offering enhanced performance, lower power consumption, and reduced leakage compared to traditional planar transistors. By employing a vertical "fin" structure to control electron flow, FinFETs enable greater precision in transistor operation, leading to improved efficiency, speed, and reliability in electronic devices. This architecture is playing a critical role in powering next-generation technologies such as AI, 5G, and high-performance…
Ferroelectric RAM Market on Track to Reach USD 601.3 Million by 2031 Amid Rising …
Ferroelectric RAM (FeRAM) is a non-volatile memory technology that uses ferroelectric materials to store data, allowing it to retain information even without power. Unlike conventional RAM, FeRAM combines the speed of DRAM with the non-volatility of Flash and EEPROM. Its increasing adoption is driven by key advantages such as faster read/write performance, lower power consumption, and enhanced endurance, making it an attractive choice for modern embedded systems and IoT devices.
Ferroelectric…
Gas Sensors Market to Hit USD 3.5 Billion by 2031, Driven by Rising Demand for I …
The evolution of gas sensor technologies is revolutionizing how industries address safety, regulatory compliance, and environmental responsibility. With the integration of AI, IoT, and cloud connectivity, today's gas sensors go beyond simple detection-they enable predictive maintenance, automate real-time alerts, and power smart infrastructure systems. This technological shift is especially vital in sectors such as healthcare, automotive, and manufacturing, where precise and timely gas monitoring is essential for both operational efficiency…
Cruise Tourism Market Growth Accelerates with 8.4% CAGR, Projected to Hit USD 43 …
The global cruise tourism market is on an ambitious growth trajectory, poised to more than double in value over the next decade. Valued at US$ 158.4 billion in 2023, the industry is projected to reach US$ 436.7 billion by the end of 2034, expanding at a compound annual growth rate (CAGR) of 8.4%. This growth underscores a robust resurgence in international travel demand, rising consumer spending on luxury experiences, and…
Vendor Neutral Archive (VNA) Market Forecasted to Grow at 12.6% CAGR Through 203 …
The global Vendor Neutral Archive (VNA) market continues to evolve at a rapid pace, driven by the digital transformation of healthcare systems and the growing demand for interoperable medical imaging solutions. Valued at US$ 350.2 million in 2023, the VNA market is projected to grow at a compound annual growth rate (CAGR) of 12.6% from 2024 to 2034, surpassing US$ 1.3 billion by the end of the forecast period. This…
Interleukins Market Poised for 15.9% CAGR Growth Through 2034, Driven by Advance …
The global Interleukins Market is poised for unprecedented growth, as per recent market analysis. Valued at US$ 42.9 billion in 2023, the market is expected to grow at a robust CAGR of 15.9%, reaching a staggering US$ 218.6 billion by the end of 2034. The demand for targeted immunotherapies and biologics, combined with significant advances in clinical research, is steering this growth trajectory across global healthcare landscapes.
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Medical Education Market to Surpass US$ 247.0 Bn by 2035, Fueled by Digital Tran …
The global medical education market was valued at US$ 83.2 Bn in 2024. It is projected to grow at a CAGR of 10.2% from 2025 to 2035, reaching over US$ 247.0 Bn by the end of 2035, according to a new report by Transparency Market Research. The expansion is attributed to rising demand for healthcare professionals, technological advances in training delivery, and a growing number of public-private medical education partnerships.
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Regulatory Affairs Outsourcing Market to Exceed US$ 22.3 Bn by 2035, Driven by I …
The global regulatory affairs outsourcing market was valued at US$ 7.4 Bn in 2024. It is projected to grow at a CAGR of 10.6% from 2025 to 2035, reaching over US$ 22.3 Bn by the end of 2035, according to a new report by Transparency Market Research. Heightened global regulatory scrutiny and rising demand for local representation across emerging markets are fueling outsourcing trends across pharmaceutical, biotechnology, and medical device…
Brain Computer Interface Market to Surpass US$ 4.3 Bn by 2035, Fueled by Advance …
The global brain computer interface market was valued at US$ 1.3 Bn in 2024. The industry is projected to expand at a CAGR of 11.2% from 2025 to 2035 and surpass US$ 4.3 Bn by the end of 2035, according to a new study published by Transparency Market Research. Increasing prevalence of neurological disorders, coupled with innovations in non-invasive and implantable BCI technologies, are driving market expansion.
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Ghana Active Wound Care Market Forecast 2035: Rising Chronic Wound Cases and Hea …
The Ghana active wound care market is poised for steady growth, projected to expand from a valuation of USD 663.8 thousand in 2024 to USD 863.0 thousand by 2035, at a compound annual growth rate (CAGR) of 2.2% between 2025 and 2035. The market is witnessing transformation driven by the rise in chronic wound incidences, a shift toward advanced wound management technologies, and significant developments in Ghana's healthcare infrastructure.
Market Overview:…
U.S. Ambulatory Infusion Centers Market Forecast 2035: Shift Toward Outpatient C …
The U.S. ambulatory infusion centers market was valued at US$ 8.9 billion in 2024 and is projected to expand at an impressive CAGR of 8.8% from 2025 to 2035, reaching approximately US$ 22.5 billion by the end of 2035. This growth reflects a strong shift in U.S. healthcare towards outpatient care models that balance affordability, convenience, and high-quality service.
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Continuous Glucose Monitoring Market Forecast 2035: Rising Diabetes Prevalence a …
The global Continuous Glucose Monitoring (CGM) market was valued at US$ 5.8 billion in 2024 and is projected to expand at a robust CAGR of 7.4% from 2025 to 2035, crossing US$ 12.6 billion by the end of 2035. This growth trajectory reflects the convergence of several transformative trends in healthcare: rising prevalence of diabetes, rapid technological advancements in wearable sensors and connectivity, and the acceleration of remote patient monitoring.
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Electronic Health Records Market Forecast 2035: Digital Transformation and Inter …
The global healthcare industry is undergoing rapid digital transformation, driven by the need for more efficient, patient-centered care and by policy mandates pushing for greater health IT adoption. At the heart of this evolution lies the Electronic Health Records (EHR) market, which is projected to grow from US$ 35.2 billion in 2024 to over US$ 62.7 billion by 2035, at a CAGR of 5.4%. As EHRs become the digital backbone…
Biotechnology Market Forecast 2035: Breakthroughs in Genomics, Biopharma, and Ag …
The global biotechnology market is undergoing a profound transformation, driven by groundbreaking innovations in genomics, rising demand for biopharmaceuticals, and the need for personalized medicine. With applications spanning healthcare, agriculture, environmental management, and industrial processing, biotechnology is becoming a cornerstone of modern scientific and medical advancements. Valued at US$ 1.8 trillion in 2024, the market is projected to grow at a CAGR of 10.3% from 2025 to 2035 and reach…
Platelet-rich Plasma Market Outlook 2035: Global Industry to Surpass US$ 2.3 Bil …
The global platelet-rich plasma (PRP) market is witnessing rapid growth, driven by advancements in regenerative medicine, growing preference for non-invasive aesthetic procedures, and increased application in orthopedics and sports medicine. Valued at US$ 847.6 Mn in 2024, the market is forecast to grow at a robust CAGR of 9.6% from 2025 to 2035, crossing the US$ 2.3 Bn mark by the end of 2035, according to recent market intelligence by…
Africa Hyperbaric Oxygen Therapy Devices Market to Reach USD 88.64 Million by 20 …
The Africa Hyperbaric Oxygen Therapy (HBOT) Devices Market is set to experience strong growth in the coming years, with market value expected to rise from USD 50.83 million in 2024 to USD 88.64 million by 2035, registering a compound annual growth rate (CAGR) of 5.1%. Increased demand for non-invasive therapies, expanding medical infrastructure, and growing incidences of chronic and trauma-related conditions are contributing significantly to market expansion across the continent.
Hyperbaric…
Mechanical Ventilators Market to Surpass USD 7.2 Billion by 2035, Driven by Dema …
The global mechanical ventilators market is experiencing a steady rise in demand, with projections indicating a market value of USD 7.2 billion by 2035, growing at a compound annual growth rate (CAGR) of 4.8% between 2025 and 2035. This growth trajectory is supported by a growing prevalence of respiratory diseases, technological innovations, and an aging global population in need of intensive care support.
The mechanical ventilators market refers to the global…
Surgical Equipment Market Outlook 2035: From US$ 19.2 Billion in 2024 to US$ 50. …
The global Surgical Equipment Market, valued at US$ 19.2 billion in 2024, is projected to grow at a compound annual growth rate (CAGR) of 9.1% from 2025 to 2035, reaching US$ 50.1 billion by 2035. Surgical equipment, encompassing tools like scalpels, forceps, sutures, and advanced systems like robotic surgery devices, is critical for procedures in general surgery, orthopedics, and cardiology. The market's growth is driven by increasing surgical volumes, advancements…
Oral Thin Films Market to Reach USD 9.0 Billion by 2035 Amid Rising Demand for C …
The oral thin films (OTF) market is witnessing remarkable growth as pharmaceutical companies and healthcare providers increasingly embrace this innovative drug delivery method. Designed to dissolve quickly on the tongue without the need for water, oral thin films offer a convenient and effective alternative to traditional tablets, capsules, and liquid medications-especially for pediatric, geriatric, and dysphagic (swallowing difficulty) patients.
The global oral thin films market was valued at approximately USD 3.8…
Shoulder Replacement Market Outlook 2035: From US$ 2.6 Billion in 2024 to Over U …
The global Shoulder Replacement Market, valued at US$ 2.6 billion in 2024, is projected to grow at a compound annual growth rate (CAGR) of 7.3% from 2025 to 2035, surpassing US$ 5.7 billion by 2035. Shoulder replacement, a surgical procedure to replace damaged shoulder joints with prosthetic implants, addresses conditions like osteoarthritis, rheumatoid arthritis, and rotator cuff injuries. The market's growth is driven by an aging population, rising prevalence of…
Atraumatic Needles Market Outlook 2035: From US$ 576.6 Million in 2024 to Over U …
The global Atraumatic Needles Market, valued at US$ 576.6 million in 2024, is projected to grow at a compound annual growth rate (CAGR) of 7.3% from 2025 to 2035, surpassing US$ 1,254.3 million by 2035. Atraumatic needles, designed to minimize tissue trauma in procedures like spinal anesthesia and pain management, include pencil-point, Sprotte, and Whitacre designs. The market is driven by the rising demand for minimally invasive procedures, advancements in…
Insulin-like Growth Factors (IGFs) Market to Reach USD 511.4 Million by 2034, Gr …
The global Insulin-like Growth Factors (IGFs) market is witnessing significant expansion, with a strong growth trajectory projected for the next decade. Valued at US$ 274.4 million in 2023, the market is expected to grow at a compound annual growth rate (CAGR) of 5.8% from 2024 to 2034, ultimately reaching a total value of US$ 511.4 million by the end of 2034. This growth is being driven by technological advances, increasing…
Smart Shower Systems Market Growth Accelerates at 9.2% CAGR, Driven by Luxury an …
The global smart shower systems market continues its upward trajectory, transforming everyday bathroom routines into high-tech wellness experiences. Valued at US$ 1.3 billion in 2023, the industry is expected to advance at a 9.2% CAGR from 2024 to 2034, reaching an estimated US$ 3.4 billion by 2034. This surge reflects growing consumer demand for luxury, water conservation, and smart home integration.
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