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Press Releases from Fact.MR (30052 total)

Medical Device Contract Manufacturing Market Set for Strong Growth, Production F …

The medical device contract manufacturing market is poised to expand at a CAGR of 11.3% during the forecast period (2020-2026). This is attributed to rapidly evolving healthcare industry and increasing adoption of technologically advanced surgical procedures. A number of original equipment manufacturers (OEMs) and contract manufacturers have been focusing on advanced technologies such as robotics, 3D-printing, and minimally invasive surgeries. Mergers & acquisition activities among leading players have greatly accelerated

COVID-19 Pandemic to Open New Avenues for Global CRISPR and Cas Genes Market Gro …

As the COVID-19 pandemic tightens its grip on the world, healthcare providers and practitioners are racing against time to find reliable diagnosis and cures for the deadly disease. The pandemic has especially broadened the growth prospects of the global CRISPR and Cas genes market, projected to expand at a stellar 21.2% CAGR during the forecast period (2020-2026). Various clinical trials and research studies have proved that adoption of CRISPR-Cas testing

Global Advance Wound Care Market to reach nearly US$ 15 Billion by 2030, Market …

The global advance wound care market was valued at US$ 10 Bn in 2019 and is poised to expand 1.4x by 2030, to reach a value pool of almost US$ 15 Bn. The high prevalence of chronic wounds has leveraged the utilization of advanced wound care products. Wound cleansers, foam dressings, and honey dressings in hospitals are boosting revenue growth of the global advance wound care market. According to IDF,

Tunnel Lighting Market to Exhibit Steady 5% CAGR through 2030; Market Back on Tr …

Adoption of energy-efficient LED lighting and control systems with improved technologies is expected to drive the tunnel lighting market over the forecast period, according to Fact.MR. Moreover, increasing transportation infrastructural development is projected to be a key contributor to market growth over the coming years. Developmental projects, especially in road and rail infrastructure, taken up by developing countries such as India and China, are expected to positively impact market growth. Innovations in products

Textile Chemicals Market to Gain Impetus as Sustainability Takes Precedence in R …

According to a recent study by Fact.MR, the surging apparel sales via online retail shops have been enabling sustainable growth in the textile chemicals market amid COVID-19. Some of the leading players are focusing on improving their online presence to offset lack of footfall in brick and mortar stores. This factor, while enabling growth in the textile sector, will create growth prospects for the textile chemicals market as well. Textile chemicals are a

Base Oil Market Players Look to Capitalize on Commercialization of GTL Technolog …

A new Fact.MR analysis projects base oil market to grow at approximately 2% CAGR during the forecast period from year 2020 to 2030. According to the report, broader growth of the automotive sector will be crucial for the prospects of the base oil market players during the assessment period. The study further opines that growing focus on reducing toxic pollutants and shift toward electric vehicles can induce a decline in demand. Key Takeaways

Bearing Market Players Pin their Hopes on Automotive Revival, says new Fact.MR S …

According to a new study by Fact.MR, global bearing market growth will hover around 7% despite fundamental weaknesses induced by COVID-19 pandemic. Market players are readying for the opportunities as reversal of lockdowns has created stimulus in many markets. However, the uncertainty over second wave of the pandemic and lack of investor confidence can delay recovery to late 2021 or early 2022, according to the study. Key Takeaways from Bearing Market Report Global bearing

Industrial Floor Scrubber Market to Surpass US$ 2.9 Billion in 2020 Despite COVI …

The global industrial floor scrubbers market is estimated to surpass a valuation of US$ 2.9 billion by the end of 2020. The industry is likely to gain traction during the coronavirus outbreak owing to strict implementation of health and safety rules, and increased demand for industrial floor scrubbers from the healthcare and pharmaceutical industries. However, reduced demand from the food service and manufacturing sectors owing to lockdown restrictions will limit growth in

Industrial Salt Market Set to Cross US$ 19.5 Bn by 2030; Reduced Demand from Oil …

Industrial salt is one of the key elements used for oil & gas drilling applications and to maintain the density of the crude oil produced. Growing demand from this sector has significantly assisted the revenue growth of manufacturers channelling industrial salt during the historical period. However, with the ongoing COVID-19 crisis, demand has declined, and a majority of manufacturers have shut down their operations across the world. Decline in oil

Conveyor System Market to Witness Sluggish Growth with Diminishing Demand From E …

The global conveyor system market was valued at ~US$ 12.1 Bn in 2019 and is anticipated to surpass US$ 12.9 Bn during the forecast period 2020-2030. The market is slated on a course of sluggish growth at 2.9%. The manufacturing sector has witnessed a paradigm shift with the implementation of Industry 4.0 technologies across various industrial sectors. With the growing trend of automation, manufacturing units have implemented Industry 4.0 standards to reduce

Edge Computing Market Exhibits Stellar 30% Growth on the back of Proliferating D …

Edge computing products facilitate enhanced processing power and data transmission between connected devices. Shift in consumer preference for smart devices over conventional vehicles, and homes drives the demand for edge computing components such as services, software, and edge-managed platforms. Industrial automation trends that employ artificial intelligence (AI), and machine learning (ML) to curb costs and increase production capacities also contributes to growth. The global edge computing market exhibits a skyrocketing growth trajectory with

Global Refractories Market to Foray Ahead with Heightening Demand from Steel Ind …

Global refractories market is forecast to reflect moderate growth of under 4% during the forecast period. Steel sector for refractories, among all end use industries is well positioned to continue dominating the demand pie with close to three fourth of the overall refractories consumption by 2030. The years ahead are forecast to experience new trends of clay-based refractories, which will put more pressure on steel, cement and other allied industries to satisfy

Inclination towards Energy Efficient Production Set to Drive Industrial Insulati …

A huge impetus in industrial production and power generation across the globe is set to drive the demand for energy efficient industrial insulation. Availability of raw materials coupled with advancements in material sciences are helping manufacturers capture profitable revenue opportunities in the industrial insulation market. The global industrial insulation market is expected to grow more than 1.6X during the forecast period (2019-2029). Favourable developments in oil & gas exploration projects are

Non-Destructive Testing Market to Grow 1.8X on Back of Consumer Demand for Enhan …

Surging demand for enhanced accuracy, cost efficiency, and non-intrusive testing to evaluate the properties of materials or components across industries will drive the demand for non-destructive testing. The global non-destructive testing market will grow at a positive 6% CAGR during the forecast period. Advancements in non-destructive testing methods such as digital ultrasonic testing and heightened portability furthers the adoption of non-destructive testing. Economies across the globe are investing in cost effective and

Cost-efficiency and End-use Versatility to Propel Geotextile Market to Stellar 1 …

Surging road construction in developing economies and proliferation of measures taken to prevent soil erosion is driving sales of geotextiles. Governments around the world are propagating the use of geotextiles to increase pavement life in a cost-efficient manner. The global geotextile market will grow three-fold during the forecast period (2019-2029). Advancements in material science to improve polyethylene, propylene, and polyether production will positively impact the geotextile manufacturing processes. Innovations in raw-materials such as

Global Medical Waste Containers Market to Expand 1.4x through 2026, Innovations …

The global medical waste containers market is forecast to expand 1.4x at a CAGR of 5.1% during the forecast period (2020-2026). Medical waste disposal and management is a major concern globally. Several governmental, non-governmental and community level organizations have collaborated to assist hospitals and other healthcare institutions to manage their waste. These bodies are actively engaged in recycling, collection and disposal of medical waste. According to the Environmental Protection Agency

Construction Equipment Rental Market to Witness 1.6X Growth, on back of High Cos …

An impetus in construction, mining, and agriculture sector globally, acts as a central driving force behind the growth of the construction equipment rental market. The high cost of procuring next generation construction equipment with features such as lift assist, predictive maintenance systems, and 360 vision cameras, heighten the demand for rental services. The global construction equipment rental market will grow 1.6X during the forecast period (2019-2029). Booming infrastructure development in emerging

3D Scanner Market to Record Robust Growth, with Rampant Adoption of Digitization …

The global 3D scanner market size is expected to reach the valuation of US$ 5 Bn by end of forecast period while growing at a CAGR of 14.5% between 2019 and 2027. The 3D scanner market with numerous applications and technologies has gained immense traction across the globe on the back of mounting concern for quality assurance, inspection management, and engineering rescheduling. The evolution of 3D scanner products is underpinned by several

Business Process Outsourcing Market to Double by 2029 on Back of Technological A …

Scarcity of resources, high price of in-house teams, and cost efficiency of outsourcing is set to bolster growth of business process outsourcing market. The global business process outsourcing market will grow at an impressive 7.5% CAGR during the forecast period. The omnipresent need to cut costs and ensure smooth running of secondary business functions is set to drive mass-adoption of BPO services. Rapid advancement of IT infrastructure components such as servers,

Lead Acid Battery Market to surpass US$ 106 Bn Mark by 2029, with Heightened Dem …

Lead acid batteries are one of the foremost energy sources in multiple end-use industries such as transportation, automotive, industrial, grid storage, motive and stationary industries. Lead acid battery market is maintaining its hegemony in the transportation sector owing to a surge in the production of passenger vehicles and two-wheelers. The extensive use of conventional vehicles in emerging economies of China, India, Brazil, and members of ASEAN are poised to strengthen the lead

Metalworking Fluids Market Resurgent, as Regulations Mandate Safe Fluid Disposal …

Primary focus of metalworking applications revolves around maximizing efficiency of machinery and operations. Thus it is preferable to use metalworking fluids that are multi-functional in nature. Significant growth in metalworking processes worldwide have propelled demand for metalworking fluids. However, metalworking fluids used for machineries have undergone intense regulatory scrutiny in last two decades.  Nevertheless, regulations regarding safe disposal of these fluids have been constantly revised to meet several different formulations and blends

Heavy Duty Trucks Market to Register 4.1% Growth during 2018-2027 – Reveals Fa …

Heavy duty trucks institute a vital part of the transport industry. Heavy duty trucks across the globe are responsible for the majority of the freight & logistics movement over the land and are pivotal vehicle in the construction, manufacturing, and agriculture sector. Heavy duty trucks are predominantly crucial to the mining and construction industry, as dump trucks and ready-mix concrete trucks are necessary to transport a large number of materials.

Light Tower Market to Expand 1.6X by 2030; Reduced Construction Activities durin …

In recent years, increasing popularity of solar light towers in North America and Europe has been significantly influencing the growth of the light tower market. Since 2017, oil prices have recovered to above US$ 70 per barrel from the previous low of US$ 40 per barrel, and have shown signs of steady improvement. This, coupled with major production cuts from OPEC countries, has made the oil & gas industry an under-supplied

Image Guided Surgery Devices Market to Record 6% Growth through 2025, Market Imp …

With the growing incidences of chronic conditions such as neurological disorders, cancer and other life-threatening diseases, the image guided surgery devices market is set to gain traction. The market is anticipated to expand at a healthy CAGR of 6.0% across the forecast period (2020-2025). This growth is attributed to a burgeoning preference for minimally invasive surgical procedures which are expected to generate better clinical outcomes. Request a report sample to gain

Sales of Medical Dynamometers to Soar through 2026, Market to Experience Margina …

The global medical dynamometers market exhibits a positive growth trajectory, expanding at a CAGR of 7.7% between 2020 and 2026. Growth of the market is associated with an increasing prevalence of orthopedic disorders. According to the International Osteoporosis Foundation, the disease is responsible for nearly nine million fractures annually, with an osteoporotic fracture every three seconds. By 2050, the global incidence of hip fracture is projected to increase by over

Stringent Regulations by Government Bodies to Stimulate Medical Waste Management …

The medical waste management market is poised to expand steadily, growing at a CAGR of 5.1% across the forecast period (2020-2025). As healthcare infrastructure has started to develop, the number of surgical procedures for treating various chronic and infectious diseases have also increased. This has necessitated the safe disposal of medical waste generated during the surgical process. Over the years, various governmental and non-governmental organizations have bolstered efforts to ensure

Terminal Tractor Manufacturers Market: Development, Overview and Forecast up to …

A new study by Fact.MR on Terminal Tractor Manufacturers opines global revenues to grow at nearly 2.5% in 2021. The market rally has been stalled by weakness induced by COVID-19 induced pandemic, however, the commencement of recovery can boost prospects in the long run. The market study by Fact.MR offers detailed insights for the period 2020 to 2030, analyzing the market in over 20 countries. An increasing number of companies are

Emergency Lighting Market: Industry Analysis, Opportunity Assessment and Forecas …

The global Emergency Lighting Market is expected to be valued around US$ 1.2 Bn in 2030. As the outbreak of coronavirus continues, there has been a downfall in production activity, impacting several related industries such as automotive, oil & gas, construction, and others, which has weakened demand for emergency warning lights. However, the market is expected to experience better growth during the recovery period, owing to the implementation of stringent

Heavy Construction Equipment Market: Clear Understanding of The Competitive Land …

The outbreak of COVID-19 has interrupted the growth construction, mining, and other industrial activities. Demand for construction equipment is contingent on the growth of these end-use industries, and with declining investments in these sectors, the Heavy Construction Equipment Market is poised to experience a downward trend across the globe, in the near term. Demand for construction equipment is set to regain traction with an increase in investments made by governments in

United States Machine Tools Market: Recent Industry Developments and Growth Stra …

The global United States Machine Tools Market was valued at ~US$ 72 Bn at the end of 2019 and is anticipated to surpass US$ 99 Bn by the end of the forecast period 2020-2030. The Automotive & Transportation segment is estimated to be the most lucrative end use capturing 36% of the overall demand pie in the global United States Machine Tools Market. Furthermore, manufacturers are adopting green manufacturing to

Residential Air Purifiers Market: An Array of Graphics and Analysis of Major Ind …

Alarming air pollution levels coupled with rising health consciousness among consumers is set to bolster the growth of Residential Air Purifiers Market. Increasing disposable incomes of millennials and constant upgrades in their standard of living are upholding the demand for air purifier products. The global Residential Air Purifiers Market will grow at a stellar 10% CAGR during the forecast period (2019 – 2029). Increasingly stringent regulations on air pollution is

Smart Personal Protective Equipment (PPE) Market: Projection of Each Major Segme …

The global smart personal protective equipment (PPE) market was valued at US$ ~2.9 Bn in 2019 and is projected to grow at a value CAGR of more than 15% during the forecast period 2019-2029. The smart PPE manufacturers are focusing on integrating digital technologies into the personal protective devices by installing smart sensors, using nanotechnology and intelligent materials to enhance the safety function in order to ensure people’s protection and

Bridge Inspection Market: Industry Outlook, Growth Prospects and Key Opportuniti …

Aging of bridges owing to challenging environmental conditions and higher traffic volume makes bridges more prone to deterioration. With damages in bridges remaining undetected, the structural integrity and service capability of a bridge deteriorates. Owing to this, the demand for routine bridge inspection is soaring in order to help obtain a better prediction of the deterioration progress and identify defects at an early stage. The newest report by Fact.MR estimates

Synthetic Marijuana Market: Granular View of The Market from Various End-Use Seg …

Synthetic Cannabinoids are anticipated to enter growth stage by mid-term forecast. Several biotech startups such as Emerald Health Pharmaceuticals, RespireRx etc are pioneering initiatives for the development of Synthetic Marijuana compounds which will augment the growth of Synthetic Marijuana Market. On this backdrop, Synthetic Marijuanas are projected to create an absolute dollar opportunity of US$ 89 Mn during forecast period. To remain ‘ahead’ of your competitors, request for a sample>>>> https://www.factmr.com/connectus/sample?flag=S&rep_id=4156 Dronabinol

Hydraulic Directional Control Valves Market: Owing to a Rise in the Demand for E …

Rising demand of hydraulic valves in construction and agricultural machineries is one of the key driving factors for the Hydraulic Directional Control Valves. Increase in farm mechanization is accelerating the use of agricultural machineries, while development in infrastructure projects and transportation facilities will propel the demand for construction machinery. Construction & Agricultural machinery together, are estimated to provide ~US$ 800 Mn absolute dollar opportunity in the global market by

Asia Pacific Dental Consumables Market to Account for 23% Share by 2025, as Dent …

Dental tourism in India and China is changing the course of the global dental consumables market, as expensive dental care in developed regions such as North America and Europe is increasing market penetration in Asia Pacific. Also, internal growth contributors, such as increasing proclivity of individuals for carbohydrate- and sugar-rich food and beverages is expanding the patient pool for dental care, which is indirectly favouring the adoption of dental consumables

Canes and Crutches Market to Reach US$ 1.2 Bn by 2027, with Asia Pacific Brining …

Workplace equality regulations, observed in nearly 45 countries across the world, have had a strong influence on the employment opportunities for the physically-challenged populace. According to the U.S. Bureau of Labour, 18.7% of the total disabled populace in the U.S. was employed in 2017, up from 17.9% in 2016. The trend is gradually shifting towards developing countries of Asia Pacific. Governments in India and China have mandated around 6% reservation

Benign Prostatic Hyperplasia Treatment Market to Record 5.7% CAGR during 2020-20 …

An exhaustive study published by Fact.MR finds that, transurethral resection of prostate (TURP) surgery is expected to contribute around 30% of market share by 2027, as it is proving highly-effective over drugs for the treatment of benign prostatic hyperplasia (BPH). High success rate of the TURP surgery is encouraging market players to further explore advanced technologies and increase surgical precision. On account of technological leaps, robotic surgery and laser therapy

Dental Cements to Emerge as Billion-dollar Market by 2025, finds Fact.MR Study

Permanent cements are projected to remain the product of choice, pipping temporary cements by 20% in 2020. The sales of permanent cements are expected to witness an exponential rise during the forecast period, as these offer high quality and long-term restoration of inlays, crowns, orthodontic bands, and bridges over temporary cements. Also, the expanding base of licensed dentists would make dental care more accessible to patients, in turn, improving the

IVF to Remain Technology of High Interest in Assisted Reproductive Technology Ma …

In-vitro fertilization (IVF) technology would account for an unrivalled patient base, as compared to surrogacy and artificial insemination, on the back of the high success rate of the procedure. The introduction of preimplantation genetic diagnosis (PGD) technology helps medical professionals screen embryos for inherited diseases, which further improves the prospects of conceiving a healthy child. Request a report sample to gain comprehensive market insights at https://www.factmr.com/connectus/sample?flag=S&rep_id=4393 Conditions such as PCOD/PCOS are

Europe to Remain Key Market for Behavioural Health Treatment, as Regional Mental …

Burden of mental illness on Europe’s economy is among the largest in the world, inadvertently making it the most lucrative region for players in the behavioural health treatment market, with the region slated to account for a staggering 47% of the global market by 2027. Total cost associated with mental health treatment amounted to around US$ 668 Bn in 2018 across the EU, translating to 4% of the GDP of

Awareness Campaigns and Government Initiatives Place Cancer Immunotherapy Market …

A recent report published by Fact.MR points towards disequilibrium in the distribution of cancer immunotherapy in developing and developed regions. In the U.S., high frequency of knowledge-based awareness campaigns encourages individuals to undergo cancer diagnostics, and government-led insurance plans cover high treatment spending. In stark contrast, developing countries such as Brazil and Argentina lack primary cancer treatment tools. A similar scenario is witnessed in South Africa, where the mortality rate is

Increasing Availability of FDA-approved Drugs and Surgical Therapies Augmenting …

Surgical treatment dominates with the highest revenue amongst all treatment options in the basal cell carcinoma treatment market, with a projected value of US$ 6 billion by the end of 2025. Mohs surgery is found to be an effective treatment for basal cell carcinoma (BCC), whereas, surgical excision accounts for the highest revenue amongst surgical treatment types. Request a report sample to gain comprehensive market insights at https://www.factmr.com/connectus/sample?flag=S&rep_id=4366 Companies in the basal

Refrigerated Trailer Door Lock Market Key Players Outlook, Latest Trends and For …

Analysis of the Global Refrigerated Trailer Door Lock Market Insights The new market report on Refrigerated Trailer Door Lock Market is a comprehensive study providing analysis on factors trend and drivers contributing to growth of the Refrigerated Trailer Door Lock Market. The report is prepared with reference to historic data based on the years. Estimation of contribution of segment is expressed in terms of volume and revenue for the forecast period.

Marine Filter Market Key Players Analysis, Size, Growth, Trends and Forecast up …

Analysis of the Global Marine Filter Market Sales Fact.MR has recently published a new research that provides detailed insights on the working dynamics of the global Marine Filter Market. The research report offers in-depth information about the key market segments, vendor landscape, geographical outlook, and the factors driving and inhibiting growth. The research report provides in depth information about the current condition of the competitive landscape of the global Marine Filter Market.

Tank Truck Market: Drivers, Restraints, Opportunities, and Threats (2019–2029)

Analysis of the Global Tank Truck Market Demand The global Tank Truck Market is all set to gain substantial demand opportunities from various end-use industries, according to a new report from Factor. This report on the global Tank Truck Market offers a complete overview of various key elements impacting positively or negatively on the overall growth of the market for Tank Truck Market. Detailed information on consumptions and demand ratio of

Swamp Boat Market: Industry Trends and Developments 2019–2029

Analysis of the Global Swamp Boat Market Market Research Report Fact.MR has prepared a research study on Global Swamp Boat Market and has made use of a multi-disciplinary approach to come up with a detailed and clear picture of the evolution of the Global Swamp Boat Market for the forecast period. This study offers an in-depth analysis of the key prospects of growth, main growth avenues in the estimation year and

Navigation Light Market: Information, Figures and Analytical Insights 2019–202 …

Analysis of the Global Navigation Light Market SWOT Analysis  A business intelligence report on the global Navigation Light Market offers quantitative estimation of the opportunities and qualitative assessment various growth dynamics. The study highlights estimations of the opportunities in the historical period, and offers several projections during the forecast period.  Key Focus Areas of Report on Global Navigation Light Market The study on the Navigation Light Market includes detailed market estimations of opportunities

Gantry Robot Market: Growth, Demand and Key Players to 2030

Analysis of the Global Gantry Robot Market Drivers A new study on the Gantry Robot Market provides a detailed overview of the demands and consumptions of various products/services associated with the growth dynamics of the market during the historical period. The in-depth market estimation of various opportunities in the segments is expressed in volumes and revenues during the forecast period. The insights and analytics on the Gantry Robot Market span several

Flexible Bio-Foams Market: Opportunities and Forecast Assessment, 2020–2030

Analysis of the Global Flexible Bio-Foams Market Top Key Players A new study published by Fact.MR on the global Flexible Bio-Foams Market includes a global analysis and opportunity assessment for the period. The report offers a comprehensive assessment of the key market dynamics in detail. The analysts take into account the historic as well as the current growth parameters to project the growth of the Flexible Bio-Foams Market with maximum accuracy. The

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