Press Releases from Fact.MR (46198 total)
Robot Arms Market is Anticipated to Reach US$ 77.2 Billion by 2033
According to Fact.MR, a market research and competitive intelligence provider, the global robot arms market is estimated to be valued at USD 26.2 billion in 2023 and is expected to expand at an impressive CAGR of 11.4% during the forecast period.
The use of robot arms is increasing across diverse industries such as manufacturing, healthcare, logistics, supply chain, and retail. With the growing integration of technologies like machine learning and artificial…
Mechanically Separated Poultry Market Is Projected To A Colossal $255.9 Million …
It is anticipated that the global mechanically separated poultry market would reach US$ 160.4 million by 2024. By the end of 2034, the mechanically separated poultry market is expected to grow at a 4.8% CAGR and be worth US$ 255.9 million worldwide. The mechanically separated poultry (MSP) market has seen consistent growth over recent years, driven by increasing demand for cost-effective meat products and advancements in food processing technologies. This…
Glucose Management Supplement Market Is Expected To A Colossal $17.5 Billion By …
The estimated worth of the global glucose management supplement market is expected to rise from US$ 9.7 billion in 2024 to US$ 17.5 billion by the end of 2034. It is true.Sales of glucose management supplements are expected to increase at a compound annual growth rate (CAGR) of 6.1% between 2024 and 2034, according to MR's most recent analysis.
The glucose management supplement market has seen significant growth in recent years,…
Rosehip Market Is Expanding Estimated To A Colossal $486.7 Million By 2034
The revenue from the global rosehip market is expected to grow at a 5.6% CAGR from 2024 to 2034, from a value of US$ 282.6 million in 2024 to US$ 486.7 million by the end of that year. The Rosaceae family includes the herbal medicine made from rosehips. This wild rose variety, also called Rosa canina, grows well in many parts of Asia, Africa, and Europe. After fertilization, rosehips, the…
Banana Blossoms Market Is Expanding Set To A Reach $344 Million By 2034
The global banana blossoms market is expected to generate US$ 179.8 million in sales in 2024 and is expected to grow at a compound annual growth rate (CAGR) of 6.7% to US$ 344 million by the end of 2034. Because banana blossoms taste so good and have so many health benefits, the global market for them is expanding. Banana blossoms, sometimes referred to as "banana hearts," are plump purple-skinned flowers…
Gamma Vitamin E Supplement Market Is Expanding Estimated To A Reach $3.8 Billion …
The worldwide gamma vitamin E supplements market is anticipated to generate US$ 2.3 billion in revenue in 2024 and then grow at a CAGR of 5.3% to reach US$ 3.8 billion by the end of 2034.The body's bad cholesterol levels are lowered with the aid of gamma vitamin E, lowering an individual's risk of stroke and other cardiovascular diseases including coronary heart disease. The two biggest causes of death globally…
Economic Factors Influencing the 5.8% CAGR Forecasted for the Grinding Machine M …
The global grinding machine market is growing vigorously. Back in 2024, it was valued at US$ 16.75 billion. The compound annual growth rate seems to be around 5.8% during 2024-2034. Such good growth is likely to end with a value of US$ 29.44 billion by the end of 2034. Global market growth is attributed to the exceptional characteristics of grinding machines. These machines assist in carrying out machining procedures automatically,…
Analysis of the Global Packaging Additive Market: Revenue Outlook and Growth Tre …
The global packaging additive market is changing, and it is estimated to reach US$ 574.8 million in 2024 and further at a CAGR of 4.5% during the period from 2024 to 2034, to reach US$ 892.6 million. Among several factors, green concern comes as the most influential factor for higher demand in eco-friendly packaging solutions. At the same time, the extension of product quality and shelf-life requires the use of…
Plasma Surgery Market Forecasted to Expand at 5.2% CAGR Over the Next Decade
The global healthcare industry has been rapidly evolving through the integration of innovative surgical techniques. One such promising innovation that is gaining significant momentum is plasma surgery. A recent study projects that the global plasma surgery market will reach USD 73.3 million in 2024 and increase to USD 121.4 million by the end of 2034. During the period from 2024 to 2034, it is expected to grow at a compound…
Rubber Vulcanization Sector Predicted to Grow at 5.3% CAGR, Reaching US$ 4.2 Bil …
The global rubber vulcanization market is expected to witness good growth due to the increasing demand for rubber-based products across industries. We project this market to reach $4.2 billion by 2033, increasing from its estimated value of $2.5 billion in 2023, with a compound annual growth rate of 5.3%. This growth can be predominately accredited to the tremendous application scope of vulcanized rubber in the medical, automotive, aviation, and oil…
Future of Metagenomics Market Value Set to Double by 2034 with a CAGR of 6.3%
The metagenomics market is rapidly altering and is set to create multiple prospects over the next ten years. By the use of metagenomics across various applications such as humans gut studies and agriculture, the global market for metagenomics is likely to cross US$ 217.7 mn in the year 2024, and further it expected to create an incremental opportunity valued at US$ 428.6 mn at a compounded annual growth rate of…
Global Dumpster Market to Expand at 6% CAGR, Surpassing $2 Billion by 2033
According to Fact.MR, the global dumpster industry having worth of US $ 1.1 billion in the year 2023 is witnessing incrementally. The Fact.MR research foresees a Compound Annual Growth Rate (CAGR) for 2023-2033 at 6%, meaning that, as a market end value, it would be about US $ 2 billion after finishing the forecasted period.
Dumpsters play a pivotal role in waste removal. They are usually taken and delivered by portable,…
Industrial Carbon Dioxide Market Set for Robust Growth, Reaching US$ 7.26 Billio …
Industrial Carbon Dioxide Market Overview The global industrial carbon dioxide market will expand phenomenally. According to the estimation of Fact.MR, the market size will be valued at US $ 5.35 billion in the year 2024 and is set to excesses of 3.1% CAGR, to touch a value of US$ 7.26 billion in the year 2034.
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Key Attributes of Industrial Carbon Dioxide:
Industrial carbon dioxide, colorless…
Natural Food Preservative Market Is Projected To A Grow $1.05 Billion By 2034
The global natural food preservative market is undergoing significant expansion, anticipated to grow from an estimated $526.3 million in 2024 to a remarkable $1.05 billion by 2034. This growth trajectory is driven by a robust compound annual growth rate (CAGR) of 7.1%. The rising demand for natural food preservatives can be attributed to various factors, including increasing consumer awareness about health and wellness, stringent regulatory frameworks, and advancements in food…
Food Texturizing Agent Market Is Estimated To A Grow US$28.8 Billion By 2034
The global food industry is undergoing significant transformations, driven by evolving consumer preferences, technological advancements, and the growing demand for innovative and high-quality food products. One of the critical components contributing to these changes is the food texturizing agent market. Projected to expand from an estimated $15.3 billion in 2024 to a staggering $28.8 billion by 2034, this market is fueled by an impressive compound annual growth rate (CAGR) of…
Avocado Market Is Expanding From An Expected To A Colossal $34.18 Billion By 203 …
The global avocado market is witnessing a significant transformation, with projections indicating substantial growth from an estimated $19.27 billion in 2024 to a staggering $34.18 billion by 2034. This impressive expansion, driven by a compound annual growth rate (CAGR) of 5.9%, highlights the increasing demand and popularity of avocados worldwide. This article delves into the factors propelling this growth, the market dynamics, key players, and future prospects of the global…
Native Starch Market Is Expanding From An Estimated To A Reach $2.84 Billion By …
The native starch market, an integral component of various industries, is on a trajectory of remarkable growth. Estimated to be valued at $1.66 billion in 2024, this market is projected to reach a colossal $2.84 billion by 2034, driven by an impressive compound annual growth rate (CAGR) of 5.5%. This substantial expansion is attributable to a myriad of factors, including increasing demand from the food and beverage industry, rising health…
Food Fiber Market Is Expanding To A Colossal $11.7 Billion By 2034
The global food fiber market is witnessing significant growth, driven by increased awareness of the health benefits associated with dietary fiber. Estimated at $6.7 billion in 2024, this market is projected to reach a staggering $11.7 billion by 2034, growing at a robust compound annual growth rate (CAGR) of 5.7%. This expansion is underpinned by several factors, including rising consumer health consciousness, regulatory support, and the increasing incorporation of fiber…
Revenue from Dyslipidemia Therapeutics Expected to Reach $53.2 Billion by 2033
The global dyslipidemia therapeutics market, valued at US$ 41.55 billion in 2023, is projected to expand at a compound annual growth rate (CAGR) of 2.5% over the next decade. According to a market study by Fact.MR, global demand for dyslipidemia therapeutics is expected to reach a market revenue of US$ 53.2 billion by the end of 2033.
Dyslipidemia, characterized by abnormal lipid levels in the blood, is prevalent in regions like…
Global Plasterboard Market to Achieve $46.3 Billion by 2033, Growing at 5.7% CAG …
The global plasterboard market is projected to reach US$ 46.3 billion by the end of 2033, growing at a compound annual growth rate (CAGR) of 5.7% from 2023 to 2033.
Plasterboards, commonly used in frame structures as interior wallboards and ceiling linings, offer benefits such as noise reduction and come in various sizes and thicknesses. With ongoing global urbanization, the industry anticipates significant growth in the coming years.
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Biohacking Market to Expand at 23.7% CAGR, Hitting $242 Billion by 2033
The global biohacking market is projected to reach US$ 242 billion by the end of 2033, growing rapidly at a compound annual growth rate (CAGR) of 23.7% from 2023 to 2033. Biohacking, a form of DIY biology often referred to as human augmentation or enhancement, aims to enhance capabilities, fitness, and well-being through deliberate interventions. Key drivers of market growth include the increasing prevalence of chronic diseases, growing awareness about…
Global MEMS Sensors Market To Reach US$ 50.6 Billion By 2034, With CAGR of 12%
This updated study by Fact.MR reveals that the global MEMS sensor market is estimated to reach a valuation of US$ 16.3 billion in 2024 and further expand at 12% CAGR through 2034.
MEMS sensors are devices that incorporate mechanical and electrical components. This technology consists of small mobile mechanical and electrical components that are used to build sensors such as gyroscopes, digital compasses, accelerometers, pressure sensors, microphones, and inertial modules. The…
Digital Loyalty Program Market are Projected to Increase at a CAGR of 8.2% from …
The global digital loyalty program market is estimated to have a value of US$ 51.5 billion in 2024 and has been analysed to increase at a CAGR of 8.2% to reach US$ 113.3 billion by 2034.
The COVID-19 epidemic barely affects the growth of the world market for digital reward programmes. All of these industries, including transportation and logistics, business, the travel and hotel industry, and industry, have been negatively impacted…
Demand for Non-Fungible Token (NFT) Market is Anticipated to Reach US$ 407.7 Bil …
One of the prominent factors responsible for increasing demand for non-fungible tokens is their expanding application in sports, videos, and music to other streams, including the metaverse, particularly gaming. The global non-fungible token (NFT) market is estimated at US$ 51.4 billion in 2024 and is approximated to advance at a high-value CAGR of 23% from 2024 to 2034, as opined in the recently updated research report by Fact.MR, a market…
Anti-Drone Market is Projected to Expand at a CAGR of 20% from 2024 to 2034
The global anti-drone market is calculated at US$ 1.7 billion in 2024 and has been forecasted to increase at a high-value CAGR of 20% to reach US$ 10.7 billion by the end of 2034.
The growing use of unauthorized flying test devices is increasing threats to national security across geographies. These advanced aircraft systems have various sensors, that are anticipated to record audio and video irrespective of place and time. Various…
Medical Radiation Shielding Market is Predicted to Reach US$ 1.7 Billion by 2027
The global medical radiation shielding market, currently valued at US$ 1.3 billion, is expected to grow at a CAGR of 5%, reaching US$ 1.7 billion by 2027.
Radiation shielding, as defined by the International Atomic Energy Agency, involves practices aimed at protecting individuals from potential harm caused by exposure to hazardous levels of ionizing radiation. Primarily focused on protecting people, radiation shielding is crucial given the widespread use of ionizing radiation…
ENT Surgical Devices Market is Set to Globally Reach US$ 4.8 Billion at 7% CAGR …
ENT surgical device sales reached US$ 2.5 billion in 2020 and are projected to grow to US$ 4.8 billion by 2031, expanding at a CAGR of nearly 7% from 2021 to 2031.
The market's growth is primarily driven by an increasing number of ENT disorders and the rising number of patients undergoing plastic surgery. The growing popularity of robotic surgery is also contributing to the increased adoption of ENT surgical devices…
Neurointerventional Devices Market is Expected to Reach a Valuation of US$ 5 Bil …
The neurointerventional devices market was valued at US$ 2.3 billion in 2020 and is projected to grow 2.1X by the end of the decade.
While North America currently leads the global market, worldwide demand for neurointerventional treatment devices is expected to grow at a robust CAGR of 8% through 2031.
𝐃𝐨𝐰𝐧𝐥𝐨𝐚𝐝 𝐚 𝐒𝐚𝐦𝐩𝐥𝐞 𝐂𝐨𝐩𝐲 𝐨𝐟 𝐓𝐡𝐢𝐬 𝐑𝐞𝐩𝐨𝐫𝐭:
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Outlook for Minimally Invasive Technology for Neurointerventional Treatment
The adoption of neurointerventional devices has surged in recent…
Trauma Care Centers Market is Expected to Surpass US$ 28.58 Billion by 2032
The market for trauma care centers is projected to reach USD 28.58 billion by 2032, growing at a CAGR of 7.50% from 2022 to 2032. In 2022, the market is estimated to be valued at USD 13.87 billion.
Several factors are driving this growth, including the rising number of emergency department visits and hospitalizations due to traumatic injuries. These injuries are primarily caused by falls, car crashes, traffic-related accidents, and wounds…
Respiratory Syncytial Virus (RSV) Diagnostics Market is Anticipated to surge at …
A recent industry analysis by Fact.MR projects that revenue from the global respiratory syncytial virus (RSV) diagnostics market will reach US$ 1.3 billion by 2031, growing at a CAGR of 9%. The demand for RSV diagnostic kits and assays is expected to remain strong, reaching a valuation of US$ 720 million by the end of 2031.
Several factors are driving the increased demand for RSV diagnostics, including the rising burden of…
Digital Transaction Management Market Projected to Reach US$ 93.25 Billion by 20 …
Revenue from the worldwide digital transaction management market was projected to reach US$ 8.01 billion in 2021, and it is projected to grow at a CAGR of 25% from 2022 to 2032. By the end of 2032, the market is projected to reach US$ 93.25 billion.
Over the course of the forecast period, there is predicted to be an increase in demand for digital transaction managements, and by the end…
IoT Microcontroller Market Expected Innovative Growth to Reach US$ 17 Billion by …
The IoT microcontrollers market was estimated to be worth US$ 4.6 billion in 2021 and is projected to grow at a compound annual growth rate of 8.7% to reach US$ 5 billion by 2022. In addition, the industry is predicted to grow at a rate of 3.4 times until 2032, when its worth is predicted to reach US$ 17 billion.
The market demand for IoT microcontrollers appears to be positively impacted…
Automatic Number Plate Recognition Market Poised for 11.4% CAGR Growth
With a predicted value of US$ 4.34 billion in 2024 and a predicted compound annual growth rate (CAGR) of 11.4%, the worldwide market for automatic number plate recognition is estimated to reach US$ 12.78 billion by 2034.
High-performance variants of automatic number plate recognition (ANPR) cameras are being developed by manufacturers. These ANPR devices are widely used by the public sector and blue chip companies to monitor both permitted and…
Millimeter Wave Technology Market Poised for Significant Expansion by 2034
The millimeter wave technology market is expected to grow from its estimated size of US$ 3.19 billion in 2024 to US$ 20.41 billion by the end of 2034, at a compound annual growth rate (CAGR) of 20.4%.
Advancements in digital network connectivity have enabled several devices to be connected, supporting the expansion of the consumer electronics, healthcare, and education sectors. The incorporation of self-governing millimeter wave technologies into these gadgets…
Inspection Management Software Market Forecast to Achieve US$ 26 Billion by 2033
From 2023 to 2033, the global market for inspection management software is predicted to grow at an impressive 11.2% CAGR. The market for inspection management software is predicted to grow from its estimated US$ 9 billion in 2023 to US$ 26 billion by the end of 2033.
By effectively managing inventory across warehouses and facilities, the usage of inspection management software solutions in major organizations is lowering inspection costs and…
Dynamics and Trends Driving the Bicycle Component Market Expansion at 6.7% CAGR …
The global bicycle component market (marché des composants de vélo) is expected to reach US$ 12.35 billion by 2024. The study forecasts a compound annual growth rate (CAGR) of 6.7%, projecting a market value of US$ 23.7 billion by 2034. Bicycle components encompass essential parts such as handlebars, pedals, brakes, gears, wheels, tires, and frames, each tailored to specific biking needs such as road cycling, mountain biking, or commuting. Rising…
Forecasted Growth of Color Masterbatch Market: From US$ 4.55 Billion to US$ 7.91 …
The global revenue generated from sales of color masterbatches is projected to reach approximately US$ 4.55 billion in 2024 and is anticipated to grow at a compound annual growth rate (CAGR) of 5.7% to achieve US$ 7.91 billion by the end of 2034. Color masterbatches consist of pigment blends incorporated and extruded within a carrier matrix, typically resin or wax. Color masterbatch plays a crucial role in the plastics industry,…
Automotive Condenser Market to Hit US$ 17.04 Billion by 2034
Global revenue from automotive condenser sales is projected to reach $11.19 billion in 2024 and is expected to grow steadily at a compound annual growth rate (CAGR) of 4.3%, reaching $17.04 billion by 2034. The automotive condenser market (자동차 콘덴서 시장) plays a crucial role in vehicle cooling systems, ensuring efficient heat dissipation and optimal engine performance. As vehicles continue to advance in technology and efficiency, the demand for high-performance…
Global Sodium Alginate Market Expected to Grow to US$ 312.1 Million by 2034
Global revenue from sodium alginate sales is anticipated to reach $215 million in 2024. The sodium alginate market (알긴산 나트륨 시장) is expected to grow to $312.1 million by the end of 2034, representing a compound annual growth rate (CAGR) of 3.8% over the forecast period from 2024 to 2034.
The sodium alginate market is experiencing significant growth driven by its extensive application across various industries, including food and beverage, pharmaceuticals,…
Printing Ink Market Worth US$42 BN by 2034 - Fact.MR
In 2024, the global printing ink market (인쇄 잉크 시장) is valued at approximately US$ 25.19 billion and is anticipated to grow to US$ 42.63 billion by 2034. This growth is driven by the expanding use of inks across sectors such as publication and commercial printing, as well as industrial applications. Projections indicate a compound annual growth rate (CAGR) of 5.4% from 2024 to 2034, highlighting robust expansion prospects in…
Feed Premix Market Is Estimated To A Colossal $20.7 Billion By 2034
The global feed premix market is poised for substantial growth over the next decade, driven by increasing demand for enhanced animal nutrition and productivity. From its estimated value of $12.1 billion in 2024, the market is projected to soar to a remarkable $20.7 billion by 2034, marking a robust compound annual growth rate (CAGR) of 5.5%. This expansion is reflective of evolving agricultural practices, rising awareness about animal health, and…
Rising Demand Boosts OTC Pediatric Healthcare Market to $18 Billion by 2033
The global OTC pediatric healthcare market is expected to have grown at a compound annual growth rate (CAGR) of 5% and reach US $18 billion by the end of 2033.
Pediatric over-the-counter (OTC) healthcare refers to medications and therapies intended for children that are available without a prescription from a physician. Parents will find these products useful as they are readily available in stores and online. When compared to doctor appointments,…
Gum Arabic Market Is Expanding To A Colossal $1.79 Billion By 2034
Gum Arabic, also known as acacia gum, is a natural gum derived from the sap of the Acacia tree. This versatile ingredient has been used for centuries in various industries, including food and beverages, pharmaceuticals, cosmetics, and more. The global gum arabic market is poised for significant growth, expanding from an estimated $953.3 million in 2024 to a staggering $1.79 billion by 2034, driven by a compound annual growth rate…
Plant Protein Ingredient Market Is Expected To Reach US$ 11 Bn By 2033
The global plant protein ingredient market is experiencing significant growth, with projections indicating it will reach an impressive US$ 11 billion by the end of 2033. A major driver of this market surge is the rising popularity of pea protein ingredients, which currently account for a substantial 50% share of the global market. This article delves into the factors propelling the growth of the plant protein ingredient market, the dominance…
Artificial Kidney Market to Grow at 13% CAGR, Valued at $5.3 Billion by 2033
The global artificial kidney market, valued at US$ 1.5 billion in 2023, is projected to grow at a CAGR of 13%, reaching US$ 5.3 billion by the end of 2033.
The artificial kidney market is a rapidly evolving sector in the medical field, driven by the increasing prevalence of chronic kidney disease (CKD) and the rising demand for innovative treatment options. Artificial kidneys, also known as bioartificial kidneys, are engineered devices…
Bone And Joint Health Supplement Market Is Estimated To A Colossal $71.91 Billio …
The global bone and joint health supplement market is experiencing remarkable growth, expanding from an estimated $34.89 billion in 2024 to a colossal $71.91 billion by 2034, fueled by a compound annual growth rate (CAGR) of 7.5%. This expansion is driven by increasing awareness of bone and joint health issues, a growing aging population, and rising interest in preventative healthcare. This article delves into the factors driving the market, key…
Windproof Fabrics Market is Expected to Reach US$ 2,388.9 million by 2033
The global windproof fabrics market is projected to reach a valuation of US$ 1,452.1 million in 2023. It is expected to grow at a CAGR of 5.1%, reaching US$ 2,388.9 million by the end of 2033.
The windproof fabrics market is experiencing significant growth as demand for high-performance materials in outdoor apparel and industrial applications rises. These fabrics are specially engineered to resist wind penetration, offering superior protection and comfort in…
Vitamin Supplement Market Is Expanding To A Colossal $115.5 Billion By 2034
The vitamin supplement market, currently valued at an estimated $56 billion in 2024, is projected to experience a significant surge, reaching a staggering $115.5 billion by 2034. This substantial growth, fueled by a Compound Annual Growth Rate (CAGR) of 7.5%, is indicative of a burgeoning global interest in health and wellness. This article delves into the factors driving this market expansion, the key trends shaping the industry, and the potential…
Molded Case Circuit Breaker Market to Reach $17.1 Billion by 2033, Growing at 5. …
The global molded case circuit breakers market, or MCCBs, would be valued at US$ 17.1 billion by the end of 2033. It is anticipated that between 2023 and 2033, the global market for molded case circuit breakers would grow at a compound annual growth rate (CAGR) of 5.3%.
Molded case circuit breakers have become more and more in demand for a variety of applications in recent years. Molded case circuit breakers…
Hospital Asset Management Market Forecasted to Expand at 16.8% CAGR Through 2033
Hospital asset management is projected to reach a market value of $69 billion by the end of 2033, from a projected $14.5 billion in 2023. The global hospital asset management market is anticipated to expand at a startling 16.8% CAGR throughout the next ten years.
In recent times, there has been a notable surge in the utilization of asset management systems, which is now bringing about changes in the healthcare industry.…
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