Press Releases from FactMR (1247 total)
Medical Device Complaint Management Market to Reach US$ 10.52 Billion by 2032 wi …
The medical device complaint management market is expected to garner a market value of US$ 5.35 Bn in 2022, anticipated to register a positive CAGR of 7% in the forecast period 2022-2032 and reach a value of US$ 10.52 Bn.
The Medical Device Complaint Management Market is a crucial segment within the healthcare and medical device industries, ensuring compliance, quality, and patient safety. This market encompasses systems and processes used by…
Electronic Grade Silicon Market to Reach US$ 6.8 Billion by 2032, Growing at a C …
The global electronic grade silicon market is currently valued at US$ 3.8 billion and is predicted to expand at a CAGR of 5.8% to reach US$ 6.8 billion by the end of 2032.
Market Overview
The electronic grade silicon market plays a crucial role in the semiconductor industry, serving as the primary material for manufacturing integrated circuits and other electronic components. Silicon, in its purest form, is an essential element in the…
Global Ocular Drug Delivery Technology Market Valued at US$ 17.74 Billion in FY …
The global ocular drug delivery technology market is likely to be valued at US$ 17.74 Billion in FY 2022, up from US$ 16.4 Billion in 2021.
Market Overview
The ocular drug delivery technology market is a dynamic and rapidly evolving sector within the broader pharmaceutical and healthcare industry. This market is driven by the increasing prevalence of ocular diseases and disorders such as glaucoma, macular degeneration, diabetic retinopathy, and dry eye syndrome,…
Rail Grease Market to Reach US$ 461.71 Million by 2034, Growing at a CAGR of 2.3 …
The global rail grease market size is estimated at US$ 367.8 million in 2024. Global demand for rail grease is forecasted to rise at a CAGR of 2.3% and reach a market value of US$ 461.71 million by the end of 2034.
Rail Grease Market Overview
The rail grease market, a critical component in the maintenance and efficient operation of rail systems, has experienced significant growth in recent years. Rail grease, essential…
Air Spring Components Market to Reach US$ 2.06 Billion by 2033 with a CAGR of 6. …
The global air spring components market size was valued at US$ 1.1 Billion in 2023, and is estimated to reach US$ 2.06 Billion by 2033, with a projected compound annual growth rate (CAGR) of 6.5% during the forecast period from 2023 to 2033.
Air Spring Component Market Overview
The air spring component market is an essential segment within the automotive and industrial sectors, providing critical solutions for vehicle suspension systems and various…
Manufactured Soil Market Valued at US$ 7.9 Billion in 2023, Projected to Expand …
The global manufactured soil market is valued at US$ 7.9 billion in 2023 and is projected to expand at a CAGR of 5.5% to reach US$ 13.5 billion by 2033-end. Manufactured soils contain varying proportions of sand, clay, and organic matter. Manufactured soils have increased in popularity recently due to their accessibility. However, this desire for synthetic soils frequently ignores the benefits of using an established, well-balanced natural soil.
The manufactured…
Wearable Adhesives Expected to Increase Rapidly at a 9.3% CAGR from 2023 to 2033
Global demand for wearable adhesives is anticipated to increase rapidly at a CAGR of 9.3% from 2023 to 2033. Currently, the global wearable adhesives market is valued at US$ 370 million and is thus expected to reach a market size of US$ 900 million by the end of 2033.
The Wearable Adhesives Market has experienced significant growth in recent years, driven by advancements in wearable technology and the increasing adoption of…
Radiation Dermatitis Treatment Market to Reach a High Value of US$ 700 Million b …
The global radiation dermatitis treatment market to register a high market value, reaching US$ 700 Mn by the end of the 2021-2031 assessment period, registering a CAGR of 5%. In the short-run, by 2021-end, sales of radiation dermatitis products are likely to close in at US$ 429.7 Mn. High demand is anticipated for topical hydrophilic creams, likely to yield 33% of global market revenue.
Radiation dermatitis, a common side effect of…
Factor Market Size Estimated at US$ 2,277.6 Million in 2024, Projected to Expand …
The growth factor market size is estimated to be valued at US$ 2,277.6 million in 2024. Projections indicate a remarkable expansion with a CAGR of 7.0% through 2034. Anticipated growth is set to propel the market to an impressive size of US$ 4,494.1 million by 2034. The surging world population and the rising awareness of the benefits of growth factors in the general demographic have contributed to this exponential market…
Desiccant Air Breathers in East Asia Pegged at US$ 121.8 Million for 2024, Forec …
Sales of desiccant air breathers in East Asia are pegged at US$ 121.8 million for 2024, as per a new Fact.MR study. Regional demand for desiccant air breathers is forecasted to increase at 7.1% CAGR and reach a market value of US$ 242 million by 2034-end.
The desiccant air breather industry in East Asia is undergoing significant transformation driven by the region's rapid industrialization, technological advancements, and increasing awareness of the…
Lyocell Fiber Market Valued at US$ 1.6 Billion in 2023, Projected to Reach US$ 4 …
Based on the analysis by Fact.MR, the global lyocell fiber market is estimated to be valued at US$ 1.6 billion in 2023 and it is expected to grow at a CAGR of 11.1% to reach US$ 4.6 billion by the end of 2033.
The Lyocell fiber market has been experiencing significant growth driven by its eco-friendly properties and versatile applications across various industries. Lyocell, known for its sustainability and biodegradability, is…
Kidney Stone Management Devices Market to Reach US$ 3.1 Billion by 2033: Growing …
The global kidney stone management devices market is valued at US$ 1.9 billion in 2023 and is forecasted to reach a revenue of US$ 3.1 billion by the end of 2033, with global demand for kidney stone management devices increasing at 5% CAGR over the next ten years.
The Kidney Stone Management Devices Market is a rapidly evolving sector within the medical industry, driven by increasing incidences of kidney stone disease,…
Paronychia Treatment Market Worth US$ 500 Million in 2023, Expected to Reach US$ …
The global paronychia treatment market is valued at US$ 500 million in 2023. Overall market value is estimated to touch US$ 1 billion by the end of 2033, expanding briskly at a CAGR of 7.1% from 2023 to 2033.
Paronychia is a common infection of the skin surrounding the nails, typically caused by bacteria or fungi. It can be acute or chronic, affecting individuals of all ages. The growing prevalence of…
Dumping Hopper Market Valued at US$ 2 Billion in 2022, Projected to Reach US$ 3. …
The global dumping hopper market has reached a valuation of US$ 2 billion in 2022 and is expected to progress at a healthy CAGR of 6.7% to reach US$ 3.8 billion by the end of 2032.
The dumping hopper market plays a critical role in various industries by offering a practical solution for the collection, transport, and disposal of bulk materials. These hoppers, designed for durability and efficiency, are indispensable in…
Water Leakage Detector Systems Market to Reach US$ 8.3 Billion by 2033: Mitigati …
The global water leakage detector systems market is projected to rise at a CAGR of 5.8%, thereby increasing from its current valuation of US$ 4.7 billion to US$ 8.3 billion by the end of 2033. Water leaks cause millions of dollars in damage and waste around the world and are widespread in both residential and non-residential settings.
The global water leakage detector systems market has been gaining significant momentum over the…
Propane Sultone Market Projected to Reach US$ 285.2 Million by 2033 with a Stead …
The global propane sultone market is set to estimate a valuation of US$ 161.1 million in 2023 and it is anticipated to grow at a CAGR of 5.9% to reach US$ 285.2 million by the end of 2033.
The propane sultone market is experiencing robust growth driven by its versatile applications across various industries. Propane sultone, chemically known as 1,2-Oxathiolane 2,2-dioxide, serves as a critical component in both chemical synthesis and…
Niobium Carbide Market: Unveiling Growth Prospects and Industrial Applications
The global neuroprotection therapeutics market is anticipated to expand rapidly at a CAGR of 6.8% over the 2022-2027 forecast period. The market is expected to secure a market value of around US$ 85.1 billion by 2027, up from US$ 61.25 billion in 2022.
The global niobium carbide market has witnessed significant growth in recent years, driven by its diverse range of industrial applications and the growing demand for advanced materials in…
Stationary Fuel Cell Systems Market Poised for Remarkable Growth, Projected to R …
Worldwide revenue from the sales of stationary fuel systems is estimated to stand at a valuation of US$ 4.88 billion in 2024. The global stationary fuel cell system market has been forecasted to expand at a remarkable CAGR of 20.3% to reach US$ 30.97 billion by the end of 2034.
The stationary fuel cell systems market is rapidly evolving, driven by advancements in energy efficiency, sustainability goals, and the need for…
Global Echocardiography Market Set to Surpass US$ 2 Billion by 2031
The global echocardiography market size is likely to reach over US$ 2 billion by 2031, registering a note worthy growth rate over the next ten years. Rapid penetration of key technological advancements, including AI and machine learning, has served to heighten the growth prospects of market players.
Echocardiography, also known as cardiac ultrasound, has emerged as a vital diagnostic tool in the field of cardiology. It utilizes high-frequency sound waves to…
Global Silicone Resins Market: Forecasted Growth to Exceed US$ 1.5 Billion by 20 …
The global silicone resins market is estimated at US$ 906.8 million in 2022 and is forecast to surpass US$ 1.5 billion by 2032, progressing at a steady CAGR of 5.1% from 2022 to 2032.Demand for liquid silicone resins is expected to increase a CAGR of 5.5% over the forecast period and reach a market size of US$ 783 million by the end of 2032.
Silicone resins, a versatile class of synthetic…
Stress Relief Supplements Market Set to Reach US$ 950 Million by 2033
The global stress relief supplements market is valued at US$ 530 million in 2023 and is projected to expand at a CAGR of 6% to reach US$ 950 million by 2033-end.
In an increasingly fast-paced world, stress has become a common ailment affecting people of all ages and backgrounds. From the pressures of work and family to the challenges of modern life, individuals are seeking ways to alleviate stress and maintain…
Potassium Formate Market: Growth Forecast and Market Valuation to Reach US$ 1.17 …
Global demand for potassium formate stands at a market valuation of US$ 725.5 million in 2023 and is forecasted to increase steadily at 4.9% CAGR over the next ten years. By 2033-end, the global potassium formate market is expected to attain US$ 1.17 billion in revenue.
Potassium formate, a versatile compound with a wide range of applications, has gained significant attention in various industries. This compound, commonly found in the form…
Specialty Fuel Additives Market: Innovations Driving Efficiency and Sustainabili …
The global specialty fuel additives market is estimated at USD 7.6 Billion in 2022 and is forecast to reach USD 13.3 Billion by 2032, growing at a CAGR of 5.8% during 2022-2032.
The global energy landscape is undergoing a profound transformation, with an increasing emphasis on sustainability, efficiency, and reduced environmental impact. Within this context, specialty fuel additives have emerged as a vital component in optimizing combustion processes, enhancing fuel performance,…
Critical Care Diagnostics Market Analysis: USD 1.1 Billion in 2020 to USD 1.7 Bi …
Critical care diagnostics market analysis reveals that the global market reached a valuation of US$ 1.1 Bn in 2020, and is anticipated to top US$ 1.7 Bn by 2031, expanding at a CAGR of 5.5%. Demand for hematology tests is projected to rise at a CAGR of 5% across the assessment period of 2021 to 2031.
In the realm of modern medicine, rapid and accurate diagnostics play a pivotal role in…
Elastomeric Infusion Pump Market to Reach USD 1,243.8 Million in 2024, Projected …
The global elastomeric infusion pump market size is expected to be worth US$ 1,243.8 million in 2024. The market is anticipated to reach US$ 2,649.5 million by 2034. The adoption of elastomeric infusion pump is likely to rise at a CAGR of 7.9% through 2034.
The elastomeric infusion pump market is a significant segment within the broader medical device industry, focusing on the delivery of medications in a controlled and continuous…
Potassium Formate Market Valued at USD 725.5 Million in 2023, Expected to Grow a …
Global demand for potassium formate stands at a market valuation of US$ 725.5 million in 2023 and is forecasted to increase steadily at 4.9% CAGR over the next ten years. By 2033-end, the global potassium formate market is expected to attain US$ 1.17 billion in revenue.
Potassium formate, a versatile compound with a wide range of applications, has gained significant attention in various industries. This compound, commonly found in the form…
CO2 Dosing System Market: Projected CAGR of 5.2% from 2023 to 2033, Market Size …
The CO2 dosing system market (CO2注入システム市場) has seen rapid growth potential in recent years. The market is predicted to increase at a CAGR of 5.2% between 2023 and 2033. The CO2 dosing device market is predicted to grow from US$ 1.38 billion in 2023 to US$ 2.3 billion by 2033.
In the era of rapid industrialization and heightened environmental awareness, the CO2 dosing system market has emerged as a pivotal player…
Bio-Based Acetic Acid Market Valued at USD 53.9 Million in 2023, Anticipated to …
The global bio-based acetic acid market is valued to be US$ 53.9 million in 2023 and it is anticipated to grow at a CAGR of 5.3% to reach US$ 90.4 million by the end of 2033.
In the quest for sustainable and eco-friendly solutions, industries are increasingly turning towards bio-based alternatives to meet their raw material needs. One such pivotal shift is observed in the production of acetic acid, a versatile…
Exterior Insulation and Finish Systems at USD 3.7 Billion in 2023, Projected to …
Newly-released exterior insulation and finish system market analysis report by Fact.MR reveals that global sales of Exterior Insulation and Finish Systems in 2023 were held at US$ 3.7 Billion. With 13.9% projected growth from 2023 to 2033, the market is expected to reach a valuation of US$ 13.6 Billion by the end of the forecast period.
The Exterior Insulation and Finish System (EIFS) market is a significant segment within the construction…
Electrical Coil Winding Market to Reach USD 1,033.2 Million in 2024, Projected t …
The global electrical coil winding market size is expected to be worth US$ 1,033.2 million in 2024. It is projected to grow steadily at a CAGR of 8.8%. Looking to the future, expected growth will boost market size to US$ 2,401 million by 2034.
The Electrical Coil Winding Market plays a crucial role in the manufacturing and functioning of various electronic devices, ranging from small household appliances to complex industrial machinery.…
Asia Pacific Breast Implant Sales to Double by 2034, Growing at 7.3% CAGR
Revenue from breast implant sales in Asia Pacific is projected to reach US$ 267.2 million in 2024 and climb to US$ 542.6 million by 2034, increasing at 7.3% CAGR over the next ten years (2024 to 2034).
The breast implant industry in the Asia Pacific region has witnessed significant growth in recent years, driven by various factors including increasing disposable incomes, rising awareness about cosmetic procedures, and advancements in medical technologies.…
Orthopedic Braces & Support, Casting, and Splints Market to Reach US$ 8 Billion …
The global orthopedic braces & support, casting, and splints market is valued at US$ 6 billion in 2022 and is set to expand at a CAGR of 6% to reach US$ 8 billion by end of 2026.
The Orthopedic Braces & Support, Casting, and Splints Market encompasses a range of products designed to assist in the healing and support of musculoskeletal injuries. This market is driven by the increasing prevalence of…
Ferrofluid Market Expected to Grow to US$ 105.7 Million by 2034, Driven by 5.3% …
The global ferrofluid market is estimated at a valuation of US$ 63 million in 2024 and is projected to expand at a CAGR of 5.3% to reach US$ 105.7 million by the end of 2034.
Ferrofluids, colloidal liquids made of nanoscale ferromagnetic particles suspended in a carrier fluid, have garnered significant attention across various industries due to their unique properties. These fluids respond to external magnetic fields, making them invaluable in…
Passenger Boarding Bridge Market Set to Double by 2033, Driven by 9.1% CAGR
Based on projections provided in the latest report by Fact.MR, worldwide demand for passenger boarding bridges reached a market valuation of US$ 1 billion in 2023 and is estimated to climb to US$ 2.52 billion by the end of 2033. The global passenger boarding bridge market is forecasted to soar at a CAGR of 9.1% over the next ten years (2023 to 2033).
The Passenger Boarding Bridge (PBB) market is a…
Drug Delivery Systems Market to Double by 2032, Fueled by 7.8% CAGR and Demand f …
The worldwide drug delivery systems market was worth around US$ 40 Billion in 2022 and is expected to grow at a CAGR of more than 7.8% from 2022 to 2032, reaching roughly US$ 80 Billion by 2032. Demand for self-administration and home health care devices is expected to drive growth in the worldwide drug delivery systems market from 2022 to 2032.
The Drug Delivery Systems (DDS) market is a rapidly evolving…
Ethylene Amines Market Projected to Grow at 6.7% CAGR, Reaching Beyond Historica …
The global sales of the ethylene amines market in 2021 was held at US$ 2.2 Billion. With 6.7% CAGR, the projected market growth during 2022 - 2032 is expected to be slightly higher than the historical growth.
The ethylene amines market is characterized by a diverse set of dynamics that drive its growth and development. Ethylene amines are a group of chemicals derived from ethylene dichloride and ammonia, used in a…
Endoscope Market to Reach US$ 29,080.5 Million by 2034, Driven by 6.3% CAGR
The global endoscope market size is estimated to be valued at US$ 15,766.7 million in 2024. The adoption of endoscope is likely to rise at a CAGR of 6.3% through 2034. The market is anticipated to reach US$ 29,080.5 million by 2034.
The endoscopes market has witnessed substantial growth due to technological advancements, increasing prevalence of chronic diseases, and a growing geriatric population. These factors drive the demand for minimally invasive…
Drone Motors Market Reaches US$ 819 Million in 2024, Expected to Grow at 18.8% C …
Sales of drone motors in Europe are pegged at US$ 819 million for 2024, as per a newly published research report by Fact.MR. The market in Europe is predicted to expand at a prolific CAGR of 18.8% and reach a size of US$ 4.6 billion by the end of 2034.
The drone motor industry in Europe is experiencing significant growth, driven by advancements in drone technology, increased adoption across various sectors,…
Carbapenem-based Antibiotics Market Analysis 2021-2031: Product Types, Indicatio …
Carbapenem-based Antibiotics Market Size, Trend Analysis & Competition Tracking By Product Type (Meropenem, Ertapenem, Panipenem, Tebipenem), By Indication (Intra-abdominal Infections, Bacterial Meningitis, Skin and Skin Structure Infections, Acute Pelvic Infections) - Global Market Insights 2021 to 2031
The Carbapenem-based Antibiotics Market is driven by various dynamic factors, significantly shaping its growth trajectory. As highly effective broad-spectrum antibiotics, carbapenems are often reserved for severe or high-risk bacterial infections, particularly those resistant to…
Veterinary Artificial Insemination Market to Reach US$ 5.24 Billion by 2032, Gro …
The veterinary artificial insemination market is forecast to garner a market value of US$ 3.16 Bn in 2022, anticipated to register a positive CAGR of 5.2% in the forecast period 2022-2032 and reach a value of US$ 5.24 Bn.
The Veterinary Artificial Insemination (AI) Market has shown significant growth in recent years, driven by a combination of technological advancements, increasing awareness about animal health and productivity, and rising demand for high-quality…
Endoscopy Cameras Market Set to Grow at 10.6% CAGR, Expected to Reach US$ 2.15 B …
Worldwide sales of endoscopy cameras are anticipated to increase at a stellar CAGR of 10.6% from 2022 to 2027. At present, the global endoscopy cameras market is valued at US$ 1.3 billion and is projected to reach a value of US$ 2.15 billion by the end of 2027.
The endoscopy cameras market has seen significant growth over the past few years and is expected to continue its upward trajectory. This growth…
Bioprocess Technology Market Estimated at US$ 30.7 Billion in 2024, Expected to …
According to this detailed industry analysis done by experienced analysts at Fact.MR, the global bioprocess technology market size is estimated at US$ 30.7 billion in 2024. Worldwide demand for bioprocess technologies is projected to increase at a CAGR of 14.8% and reach a market value of US$ 121.9 billion by 2034.
The bioprocess technology market is experiencing significant growth, driven by several factors, including advancements in biotechnology, the rising demand for…
Mammalian Cell Banking Market to Reach US$ 499.7 Million in 2024, Projected to G …
The mammalian cell banking market size is on track to reach US$ 499.7 million in 2024. The market is poised for rapid growth, with an extraordinary compound annual growth rate (CAGR) of 14.0% projected through 2034. This expansion is anticipated to elevate the market to a substantial valuation of US$ 1,845.6 million by 2034.
Market Dynamics
The mammalian cell banking market is a pivotal segment within the biotechnology and pharmaceutical sectors, driven…
Hot Water Circulation Pump Market Valued at US$ 2.85 Billion in 2023, Projected …
The global hot water circulation pump market stands at US$ 2.85 billion in 2023, as reported by Fact.MR. Worldwide demand for hot water circulation pumps is forecasted to rise at a CAGR of 5.5% and reach a market value of US$ 4.87 billion by 2033.
The Hot Water Circulation Pump Market has been experiencing significant growth due to increasing demand for energy-efficient solutions and rising awareness about water conservation. These pumps…
Circular Polymers Market to Hit US$ 163.9 Billion by 2032, Capturing 12.5% of Gl …
The global circular polymers market is projected to reach US$ 163.9 billion by 2032, accounting for nearly 12.5% share of the global polymers market. This is because consumption of recycled polymers is projected to surge at a CAGR of 9.1% over the decade.
In recent years, the global push towards sustainability and environmental consciousness has led industries to reevaluate their practices and products. One sector that has come under intense scrutiny…
Cordless Power Tools Market to Surge to US$ 39.2 Billion by 2033 with a 9.1% CAG …
Newly-released cordless power tools market analysis report by Fact.MR reveals that the global sales of cordless power tools in 2022 were held at US$ 15.3 Billion. With 9.1% projected growth from 2023 to 2033, the market is expected to reach a valuation of US$ 39.2 Billion by the end of the forecast period.
The global cordless power tools market has witnessed unprecedented growth in recent years, driven by advancements in battery…
Hydrophobic Coatings Market is expected to grow at a CAGR of 6.1% from 2023 to 2 …
The hydrophobic coatings market is expected to grow at a CAGR of 6.1% from 2023 to 2033 and reach a valuation of US$ 2.1 billion by 2033. The market is expected to hold a valuation of US$ 1.2 billion in 2023.
Hydrophobic coatings are specialized formulations that repel water and resist wetting on the surface they are applied to. These coatings have gained significant attention across various industries due to their…
Exploring the Global Suppositories Market: Trends, Challenges, and Opportunities
The global suppositories market stands at a valuation of US$ 1.61 billion in 2023 and is forecasted to expand at a CAGR of 5.7% and reach US$ 2.8 billion by the end of 2033.
Suppositories have been a significant and discreet delivery method for various medications and healthcare products for decades. These small, bullet-shaped inserts are placed into body orifices, such as the vagina, to deliver medication directly to the…
Rapid Oral Fluid Screening Devices Market Expected to Double to US$ 47.3 Billion …
The global rapid oral fluid screening devices market accounts for a valuation of US$ 23.8 billion in 2023 and is forecasted to climb to US$ 47.3 billion by 2033-end. Fact.MR predicts global demand for rapid oral fluid screening devices to increase at a healthy 7.1% CAGR over the next ten years.
The Rapid Oral Fluid Screening Devices Market in the United States has witnessed substantial growth in recent years, owing to…
Termite Bait Products Market to Reach US$ 2.1 Billion by 2033, Growing at a CAGR …
The global termite bait products market is valued to be US$ 1.3 billion in 2023 and it is anticipated to grow at a CAGR of 4.9% to reach US$ 2.1 billion by the end of 2033.
Termites, often referred to as "silent destroyers," pose a significant threat to structures and wooden assets across the globe. The economic impact of termite damage is immense, driving the demand for effective termite control solutions.…
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