Press Releases from Future Market Insights (68524 total)
Yogurt and Probiotic Drink Market: Emerging Trends and Insights
The global yogurt and probiotic drink market is projected to reach a valuation of USD 197,014.2 million in 2024, growing at a CAGR of 7.6% over the forecast period, and is expected to achieve USD 209,660.3 million by 2034.
Yogurt and probiotic drink manufacturers are increasingly focusing on premium products tailored to consumers' desire for healthy lifestyles, driving demand for these beverages. The industry is responding to preferences for fit, non-alcoholic…
Organ Preservation Market to Hit USD 455 Million by 2032 at a 6.4% of CAGR
The global organ preservation market is poised for steady growth, with its valuation expected to reach US$ 455 million by 2032, reflecting a compound annual growth rate (CAGR) of 6.4% over the forecast period. This growth is attributed to the increasing demand for organ transplants, rising cases of organ failure, and ongoing investments in healthcare infrastructure.
The growing prevalence of chronic diseases and organ-related disorders, such as chronic kidney disease (CKD),…
Optical Imaging Market to Reach USD 2,319.6 million by 2034 at a 4.7% of CAGR
The global optical imaging market is set to experience steady growth, with its market value expected to increase from US$ 1,465.4 million in 2024 to US$ 2,319.6 million by 2034, reflecting a compound annual growth rate (CAGR) of 4.7% over the forecast period. This growth is fueled by rising demand for advanced imaging solutions and the increasing adoption of non-invasive diagnostic techniques in healthcare.
Optical imaging technology enables real-time, high-resolution visualization…
Magnetic Resonance Imaging (MRI) Market to Reach USD 9376.7 Million by 2034 at a …
The global magnetic resonance imaging (MRI) market is projected to witness steady growth, with its valuation rising from USD 6214 million in 2024 to USD 9376.7 million by 2034, reflecting a compound annual growth rate (CAGR) of 4.2% over the forecast period. This expansion is fueled by technological advancements in AI-driven imaging and the growing adoption of telemedicine-enabled diagnostic solutions.
One of the key drivers of this growth is the integration…
Ambulatory Surgical Centers Market to Reach USD 150.6 Billion by 2033 with 4.5% …
The global ambulatory surgical centers (ASCs) market is projected to witness steady growth, with its valuation increasing from US$ 96.5 billion in 2023 to US$ 150.6 billion by 2033, reflecting a compound annual growth rate (CAGR) of 4.5% over the forecast period. This rise is fueled by the growing demand for cost-effective and efficient alternatives to inpatient surgical procedures.
Ambulatory surgical centers (ASCs) offer a range of benefits, including improved efficiency,…
Europe Industrial Lubricants Market to Reach USD 7,710.3 million by 2033 Amid Gr …
According to a recent industry analysis by Future Market Insights (FMI), the market for industrial lubricants in Europe size is anticipated to reach USD 4,414.9 million in 2022. By 2023, the industrial lubricants in Europe market is set to cross USD 4,634.2 million. From 2023 to 2033, it is projected to surge at a CAGR of 5.2%.
By the end of 2033, it's expected to exceed USD 7,710.3 million. Lubricants are…
Porous Ceramics Market to Reach USD 7,812.3 million by 2033, Driven by Rising De …
The porous ceramics industry share is predicted to be worth USD 4,084.5 million in 2023 and rise to USD 7,812.3 million by 2033. Demand was initially expanding at a market CAGR of 4.5% between 2018 and 2022.
Demand for porous ceramic filtration products is anticipated to rise as a result of the industrial sector's use of filtration and separation technologies. However, the high cost of manufacturing is due to high capital expenditure and…
Global Fiberglass Market to Reach USD 19,028.50 million by 2034, Driven by Deman …
The fiberglass industry sales are poised for significant growth, with its value projected to increase from USD 11,356.30 million in 2024 to USD 19,028.50 million in 2034. This forecast corresponds to a CAGR of 5.30% over the period.
The fiberglass industry is being propelled by the increasing demand for lightweight and durable materials across various sectors, including automotive, construction, and aerospace. Fiberglass's exceptional strength-to-weight ratio makes it an ideal choice for manufacturers looking to…
Drug Discovery Services Market to Reach USD 76.5 Billion by 2033 with a CAGR of …
The global drug discovery services market is poised for remarkable growth, with its valuation projected to surge from US$ 19.7 billion in 2023 to US$ 76.5 billion by 2033, reflecting a compound annual growth rate (CAGR) of 14.5% over the forecast period. This exponential growth is driven by the rising demand for novel drugs to combat a wide range of unmet medical needs.
The continuous emergence of new diseases and the…
Real-Time Location System (RTLS) Market to Reach USD 38.5 Billion by 2034
The Real-Time Location System (RTLS) Market for 2024 to 2034 is on a trajectory of unprecedented growth, driven by technological advancements, increasing demand for IoT solutions, and the rapid adoption of location-aware services. With an exceptional CAGR of 24.8% during the forecast period, the market is set to expand from USD 4.2 billion in 2024 to an estimated USD 38.5 billion by 2034. This growth underscores the critical role RTLS…
Factory Automation and Industrial Controls Market Reaching USD 216.65 Billion by …
The Factory Automation and Industrial Controls Market report, unveiled by Future Market Insights-an ESOMAR Certified Market Research and Consulting Firm-presents invaluable insights and meticulous analysis of the Factory Automation and Industrial Controls market. Encompassing the research's scope and essence, this report scrupulously examines the driving factors, market size, and predictive data for Factory Automation and Industrial Controls. It furnishes intricate revenue and shipment segmentations, accompanied by a decade-long projection up…
Explosion Proof Equipment Market Anticipated to Reach USD 10,160.5 Million by 20 …
The global explosion proof equipment market is forecast to experience a moderate growth of 3.4% CAGR over the estimated time period, as per FMI's analysis. The industry's size is predicted to reach a market value of USD 10,160.5 million in 2033, rising from USD 7,520.18 million in 2023.
Explosion proof equipment is the most requested equipment by industrial facilities to lower the risks of electrical sparks in various tools and machines.…
Solid State Relay Market for 2024 to 2034 Poised for Steady Growth with a 5.1% C …
The global solid state relay (SSR) market is set to achieve a robust growth trajectory, rising from a valuation of USD 1.4 billion in 2024 to an anticipated USD 2.3 billion by 2034. This translates to a healthy compound annual growth rate (CAGR) of 5.1% over the forecast period. This growth is driven by increasing adoption across industrial, automotive, and consumer electronics sectors, with technological advancements further propelling demand.
The solid…
Disposable Protective Apparel Market Reach USD 3,475.9 Million by 2033
Future Market Insights, an ESCOMAR certified market research and consulting firm, projects a steady growth trajectory for the global disposable protective apparel market. According to their latest study, the market is poised to expand at a CAGR of 4.1% during the forecast period. The market is estimated to be valued at USD 2,325.7 million in 2023, with a projected value of USD 3,475.9 million by 2033.
Growing Need for Single-Use Protection…
Currency Counting Machines Market Revenue Anticipated to Surpass USD 373.4 Milli …
According to the FMI projections, the currency counting machines market is expected to experience substantial growth, reaching an estimated value of USD 231.4 million in 2023 and projecting a robust increase to USD 373.4 million by 2033. The industry is estimated to undergo a CAGR of 4.9% during forecast period.
This notable surge is primarily attributed to the rising incidents of counterfeit currency circulation, although potential hindrances such as the increasing…
Securing the Future: BFSI Security Market Outlook 2024-2034 Highlights Growth Tr …
The BFSI Security Market for 2024 to 2034 is poised for remarkable growth, driven by increasing cyber threats and the rising demand for enhanced security measures in the banking, financial services, and insurance sectors. As of 2024, the global market is valued at USD 62.6 billion, with projections indicating it will surpass USD 250.2 billion by the end of 2034, achieving a robust compound annual growth rate (CAGR) of 14.9%…
Rescue Hoist Systems Market: 3.8% CAGR and USD 845 Million Projected by 2033
Future Market Insights, a leading ESCOMAR certified market research and consulting firm, has published a comprehensive report on the global rescue hoist system market. According to the report, the market is set to experience a steady growth trajectory, with an average CAGR of 3.8% between 2023 and 2033. The market is expected to attain a significant market share of USD 845 million by 2033, compared to its projected value of…
Supply Chain Analytics Market Set to Surpass USD 31.7 Billion by 2034
The global Supply Chain Analytics Market is poised to grow at an exceptional CAGR of 15.1% during the forecast period from 2024 to 2034. Valued at USD 7.8 billion in 2024, the market is projected to surpass an impressive USD 31.7 billion by 2034, driven by the increasing need for operational efficiency and real-time decision-making across industries.
The adoption of supply chain analytics is accelerating due to technological advancements, the rise…
Printed Electronics Market for 2024 to 2034: Driving Innovation in Flexible and …
The global Printed Electronics Market is poised to experience remarkable growth, with its valuation expected to soar from USD 12.6 billion in 2024 to USD 80.5 billion by 2034, representing a robust CAGR of 20.4%. This expansion is fueled by the increasing demand for lightweight, flexible, and cost-effective electronic components across industries such as healthcare, automotive, and consumer electronics.
Printed electronics have emerged as a game-changer in manufacturing, enabling the production…
Surgical Navigation System Market to Hit USD1.700 Million by 2030 with 6.2% CAGR
The global surgical navigation system market is on track for significant expansion, with its value projected to increase from US$ 940 million in 2020 to US$ 1,700 million by 2030, registering a compound annual growth rate (CAGR) of 6.2% over the forecast period. This upward trajectory reflects the growing reliance on precision-based surgical technologies in healthcare facilities worldwide.
Surgical navigation systems play a critical role in enhancing the accuracy and efficiency…
Myopia and Presbyopia Treatment Industry to Surpass USD 40.5 Billion by 2032 wit …
The global myopia and presbyopia treatment market is set for substantial growth, with a projected market valuation climbing from US$ 17.9 billion in 2022 to US$ 40.5 billion by 2032, reflecting a compound annual growth rate (CAGR) of 8.5% over the forecast period. This surge highlights the growing demand for advanced treatment options for vision correction worldwide.
The rising prevalence of myopia-related vision loss and the increased frequency of distant visual…
Powered Lawn Mowers Market Value to Cross USD 2,323.8 million by 2033
The Powered lawn mower Market report, unveiled by Future Market Insights-an ESOMAR Certified Market Research and Consulting Firm-presents invaluable insights and meticulous analysis of the Powered lawn mower market. Encompassing the research's scope and essence, this report scrupulously examines the driving factors, market size, and predictive data for Powered lawn mower. It furnishes intricate revenue and shipment segmentations, accompanied by a decade-long projection up to 2033. Additionally, the document evaluates…
Trencher Attachment Market Projected to Reach USD 646.8 Million by 2033
The Trencher Attachment Market report, unveiled by Future Market Insights-an ESOMAR Certified Market Research and Consulting Firm-presents invaluable insights and meticulous analysis of the Trencher Attachment market. Encompassing the research's scope and essence, this report scrupulously examines the driving factors, market size, and predictive data for Trencher Attachment. It furnishes intricate revenue and shipment segmentations, accompanied by a decade-long projection up to 2033. Additionally, the document evaluates key industry players,…
Temporary Storage Buildings Market Set to Soar to USD 5,002.4 Million by 2033
The temporary storage buildings Market report, unveiled by Future Market Insights-an ESOMAR Certified Market Research and Consulting Firm-presents invaluable insights and meticulous analysis of the temporary storage buildings market. Encompassing the research's scope and essence, this report scrupulously examines the driving factors, market size, and predictive data for temporary storage buildings. It furnishes intricate revenue and shipment segmentations, accompanied by a decade-long projection up to 2033. Additionally, the document evaluates…
Cancer Gene Therapy Industry to Hit USD 3,142.2 Million by 2034 with a 5.6% of C …
The global market for cancer gene therapy is projected to witness substantial growth, with total sales expected to rise from USD 1,822.2 million in 2024 to USD 3,142.2 million by 2034, reflecting a compound annual growth rate (CAGR) of 5.6%. This growth underscores the increasing demand for personalized and targeted treatment solutions in cancer care.
A significant contributor to this growth is the rising adoption of gene therapy as a precision-driven…
Absorption Chillers Market Revenue Share to Surge Past USD 2.8 Billion by 2034
The global absorption chillers market is poised for substantial growth, projected to reach a market value of USD 1.7 billion in 2024, with expectations to surge to USD 2.8 billion by 2034. Over the forecast period spanning from 2024 to 2034, the market is estimated to expand at a noteworthy compound annual growth rate (CAGR) of 4.9%.
Absorption chillers, renowned for their thermally driven refrigeration mechanism, utilize a sorbent solution or…
3D Laser Scanner Market Valuation to Exceed USD 3,378.4 Million by 2032
The global 3D laser scanner market is anticipated to create an absolute dollar opportunity across the estimation period between 2022 and 2032, with an impressive CAGR of 7.8%. The market was expected to be valued at USD 1,587.2 Million in 2022 and surpassing around USD 3,378.4 Million by 2032. According to the historical projection by FMI, from 2017 to 2021, sales witnessed significant growth, registering a CAGR of 6%.
A 3D…
Vessel-Sealing Devices Industry to Surge to USD 3,896.44 million by 2033 with 9% …
The global vessel-sealing devices market is projected to reach a remarkable valuation of USD 3,896.44 million by 2033, with an estimated compound annual growth rate (CAGR) of 9% during the forecast period. Starting at USD 1,645.90 million in 2023, this growth underscores the expanding demand for advanced surgical technologies across various domains.
The adoption of vessel-sealing devices in laparoscopic surgery, neck surgery, and axillary dissection has proven effective in occluding blood…
Semiconductor Inspection System Market for 2024 to 2034: Ensuring Precision in A …
The global Semiconductor Inspection System Market is set for robust growth, with its valuation projected to increase from USD 6.3 billion in 2024 to USD 21.8 billion by 2034, marking a CAGR of 13.2% over the forecast period. As semiconductor manufacturing becomes increasingly intricate, inspection systems play a pivotal role in ensuring product quality and operational efficiency.
Semiconductor inspection systems are indispensable tools in the fabrication process, helping detect defects and…
Regulatory Information Management Solutions Rising with the Expansion of Pharmac …
The regulatory information management market accrued revenue of around USD 1,343.2 million in 2019. In the following years, the RIMS industry exhibited a robust growth rate of 9.7%, owing to a rise in drug development and new medication releases during the pandemic. This average growth rate continued till 2023, concluding the global market valuation at USD 1,946.5 million.
The adoption of RIMS solutions and services, in terms of value, is estimated…
Transplant Diagnostics Industry to Reach USD 8.5 Billion by 2034 at a 6.5% of CA …
The global transplant diagnostics market is poised for steady growth, with its valuation projected to increase from USD4.5 billion in 2024 to USD8.5 billion by 2034. This reflects a compound annual growth rate (CAGR) of 6.5% over the forecast period. The rising number of organ transplants, coupled with advancements in diagnostic technologies, is driving the growth of this critical healthcare market.
Transplant diagnostics play a pivotal role in improving the success…
Precision Livestock Farming Market to Grow at 10.4% CAGR by 2034
The global precision livestock farming market is projected to grow from USD 5,961.6 million in 2024 to an impressive USD 16,034.4 million by 2034, at a CAGR of 10.4%. This robust growth reflects the increasing adoption of advanced technologies for optimizing livestock management, ensuring high-quality production, and meeting the surging global demand for sustainable agriculture solutions.
Historical Size (2023): USD 5,400.0 million
Estimated Size (2024): USD 5,961.6 million
Projected Size (2034): USD 16,034.4…
Smart Clothing Market for 2024 to 2034 Witnesses Exponential Growth at a 26% CAG …
The Smart Clothing Market for 2024 to 2034 is poised for a dramatic transformation, with its global valuation anticipated to soar from USD 871.5 million in 2023 to a remarkable USD 25,588.2 million by 2034, marking a compound annual growth rate (CAGR) of 26% over the forecast period.
In 2024, the market size stands at USD 2,543.1 million, fueled by advancements in wearable technology, health monitoring, and increasing adoption of Internet…
Automotive Dealer Management System Market Growth 2024-2034
The global automotive dealer management system market is projected to experience robust growth over the next decade. Industry revenues are expected to rise from USD 4,958.33 million in 2024 to an impressive USD 11,666.34 million by 2034, registering a CAGR of 8.9%. This significant expansion highlights the increasing adoption of advanced solutions for streamlining dealership operations globally.
Automotive dealer management systems (DMS) are pivotal in automating operations like inventory management, sales…
Algae-Based Supplement Market: Growth Dynamics and Future Projections
The algae-based supplements market is anticipated to reach a valuation of approximately USD 2,365.3 million in 2024. With a projected CAGR of 7.3% during the forecast period, the market is expected to grow significantly, reaching around USD 4,804.5 million by 2034.
Algae-based supplements have gained popularity among health-conscious individuals due to their potential health benefits. This growth has been further fueled by the growing trend of vegan and plant-based diets, which…
Global Reusable Water Bottle Industry: Insights, Trends, and Future Opportunitie …
The global reusable water bottle industry is gaining momentum as growing environmental concerns and a shift towards healthier lifestyles drive consumer preference for sustainable hydration solutions. Valued at USD 8.8 billion in 2024, the industry is projected to grow at a CAGR of 2.8%, reaching USD 11.5 billion by 2034, according to industry insights.
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Core Concepts in the Reusable Water Bottle Industry
Market Potential :…
Global Gift Paper Industry to Achieve USD 6.6 Billion Valuation by 2033, Fueled …
The global gift paper industry is set to witness remarkable growth, driven by the rising demand for eco-conscious packaging and personalized wrapping solutions. According to Future Market Insights, the industry is projected to reach a valuation of USD 4,489.6 million in 2023 and expand to USD 6,645.6 million by 2033, reflecting a steady CAGR of 4.0% over the forecast period.
A Growing Segment of the Paper and Paperboard Industry
The gift paper…
Global Liquid Packaging Bag Market to Reach USD 4.0 Billion by 2034, Driven by S …
The global liquid packaging bag market is projected to grow steadily at a CAGR of 3.3% over the forecast period. The market, valued at USD 2.9 billion in 2024, is expected to expand to USD 4.0 billion by 2034, driven by advancements in eco-friendly packaging solutions, innovative designs, and the rising popularity of on-the-go consumption.
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Key Trends Shaping the Liquid Packaging Bag Industry
Eco-Conscious Packaging Solutions
Manufacturers are leveraging recycled content,…
Shrink Wrapping Machines Industry Projected to Reach USD 1,270.4 Million by 2034 …
The global shrink wrapping machines industry is poised for steady growth, with the market size projected to expand from USD 982.7 million in 2024 to USD 1,270.4 million by 2034, at a CAGR of 2.6% over the forecast period. This marks a notable rise from the USD 946.8 million revenue generated in 2023.
One significant driver of growth is the increasing demand for shrink-wrapping machines designed for longer shipping periods. As…
Injection Blow Molding Machines Market Set to Reach USD 3.3 Billion by 2034, Dri …
In 2024, the global injection blow molding machines market was valued at USD 2.5 billion and is projected to grow at a CAGR of 2.4%, reaching USD 3.3 billion by 2034. This growth is primarily driven by increasing demand for high-quality, sterile packaging solutions in the healthcare and pharmaceutical industries, where the need for precision and safety in packaging is paramount.
Inner bulk liners are essential components in packaging solutions, utilized…
Plastic Additive Market to Reach USD 71,568.1 million by 2034, Driven by Increas …
The plastic additive market size is expected to reach a valuation of USD 45,595.6 million in 2024. By 2034, it is projected to grow further, reaching USD 71,568.1 million, driven by a 4.6% CAGR fueled by increased commercial viability and new manufacturing opportunities.
The plastic additive Industry is expanding due to various factors, such as technological advancements, environmental regulations, and the growing demand for eco-friendly products. Key players in the industry…
Tow Prepreg Market Growth Driven by Aerospace and Automotive Industries: Key Ins …
The tow prepreg market share is poised to reach a substantial valuation, projected to reach USD 365.2 million by 2024. Tow prepreg is a composite material comprising reinforcement fibers pre-impregnated with a resin matrix, that offers heightened strength, durability, and enhanced performance. The trend is projected to soar at a CAGR of 12.8% from 2024 to 2034, and by 2034, the market is estimated to achieve a total valuation of around USD 1,220 million. The global…
Rising Energy-Efficiency Regulations Drive USD 13,731.1 million Growth in Indust …
As per the reports published by FMI, the global industrial insulation industry demand is projected to have an average-paced CAGR of 5% during the forecast period. The current valuation of the market is USD 8,420.2 million in 2024. The market value of the industrial insulation market is anticipated to surpass a valuation of USD 13,731.1 million by the year 2034. A historical market valuation of USD 8,088.6 million has been recorded…
Plywood Market Set to Surge to USD 1,53,045.99 million by 2033: Key Growth Drive …
Over the projection period, the plywood market size is expected to surge at a CAGR of 6.00%. The market size is predicted to be valued at USD 85,460.08 million in 2023 and USD 1, 53,045.99 million by 2033.
The rise of modular construction techniques and the tiny house movement is another exciting avenue. Plywood is ideal for prefabricated and modular structures due to its strength and versatility. This trend allows plywood manufacturers to supply materials for these innovative construction approaches.
Experience the Quality…
Industrial Fabric Market Poised for Growth: Innovation and Sustainability Drive …
The industrial fabric market size is poised for substantial growth, with projections indicating an expansion from USD 21.20 billion in 2024 to USD 33.40 billion in 2034, boasting a Compound Annual Growth Rate (CAGR) of 4.60%. The report delves into key market segments such as cutting machine demand, vinyl fabric sales in India, filter bag manufacturing processes, wholesale pricing strategies, and the benefits of elastic fabric. Furthermore, it offers insights…
Therapeutic Drug Monitoring Market to Double, Reaching USD 2,527.9 Million by 20 …
The global therapeutic drug monitoring (TDM) market is set for substantial growth over the next decade, with its valuation expected to rise from US$ 1,203.9 million in 2024 to US$ 2,527.9 million by 2034. This growth reflects a robust compound annual growth rate (CAGR) of 7.7% over the forecast period. The rise in demand for personalized medicine and precision healthcare is driving the expansion of this market.
Therapeutic drug monitoring plays…
Hearing Aids Market to Reach USD10.98 Billion by 2034 at a 2.3% of CAGR
The global hearing aids market is poised for steady growth, with its valuation projected to rise from USD8.74 billion in 2024 to USD10.98 billion by 2034. This represents a compound annual growth rate (CAGR) of 2.3% over the forecast period. Key growth drivers include a growing geriatric population, rising incidence of hearing loss, and increasing adoption of advanced hearing aid technologies designed to enhance auditory experiences.
The aging global population is…
Suspended Ceiling Systems Market Set to Reach USD 10.5 Billion by 2032
Future Market Insights (FMI), an ESCOMAR certified market research and consulting firm, predicts that the global for suspended ceiling systems market share is poised to reach USD 10.5 billion by 2032. The rising demand for affordable housing is anticipated to be a key driver behind the growth of the suspended ceiling systems market in the coming years.
According to FMI's latest report, the global market for suspended ceiling systems was estimated…
3D Bioprinting Market to Triple in Value, Reaching USD6.82 Billion by 2034 at a …
The global 3D bioprinting market is set for extraordinary growth, with its valuation expected to rise from USD2.24 billion in 2024 to USD6.82 billion by 2034. This represents a robust compound annual growth rate (CAGR) of 11.8% over the forecast period. The market's rapid expansion is being fueled by technological advancements in tissue engineering and regenerative medicine, as well as growing collaborations between research institutions, biotech companies, and healthcare providers.
3D…
Drain Cleaning Equipment Market Valuation USD 486.5 million Mark by 2034
In 2023, drain cleaning equipment sales totaled USD 256.3 million worldwide. The sector is also expected to rise 5.2% year over year in 2024, reaching USD 271.7 million that year. From 2024 to 2034, it is expected to develop at a compound annual growth rate (CAGR) of 6%, with demand for drain cleaning equipment expected to reach USD 486.5 million by that year.
A comprehensive examination of historical trends indicates that…
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