Press Releases from Reports and Data (4658 total)
Smart Meter Market Expected to Reach USD 38.96 Billion by 2032 with a 7% CAGR Dr …
The Smart Meters Market is experiencing rapid growth due to various factors such as the need for energy conservation and the expansion of smart grid technologies. The market size was USD 21.19 Billion in 2022 and is expected to reach USD 38.96 Billion in 2032 with a revenue CAGR of 7% during the forecast period.
Smart meters are advanced metering technologies that provide accurate and timely information on electricity usage by…
Built-In Kitchen Appliances Market Valuation to Worth USD 25.92 Billion at a CAG …
According to Reports and Data's latest report, the global market for built-in kitchen appliances was valued at USD 15.21 billion in 2021, and it is projected to experience a revenue compound annual growth rate (CAGR) of 6.1% during the forecast period. The report indicates that the market is likely to see a rise in demand due to the need for optimal space utilization, leading to increased demand for kitchen appliances…
Fire Safety Equipment Market to Reach USD 97.15 Billion by 2032, Fueled by Deman …
The size of the global Fire Safety Equipment Market was USD 48.6 billion in 2022 and is projected to grow to USD 97.15 billion in 2032, with a compound annual growth rate (CAGR) of 8% during the forecast period. One of the main factors driving this revenue growth is the increasing demand for vehicles with powerful engines. These engines generate high levels of heat, which can potentially damage the sensitive…
Recruitment Process Outsourcing Market Set to Reach USD 36.07 Billion by 2032 wi …
The global Recruitment Process Outsourcing Market is projected to experience significant growth over the next decade, with a revenue CAGR of 17% from 2022 to 2032. In 2022, the market size was valued at USD 8.38 billion, and is expected to reach USD 36.07 billion by 2032.
Several factors are contributing to the expansion of the recruitment process outsourcing market. One key driver is the increasing need for affordable and effective…
3D Printing Medical Devices Market Size Predicted to Surge to USD 10.86 Million …
The global 3D Printing Medical Devices Market Size is expected to experience significant growth during the forecast period, with a projected revenue CAGR of 16.3%. This growth is driven by several factors, including the increasing demand for individualized medical equipment, the rising senior population, technological advancements, and the affordability of 3D printing.
One of the key drivers of market growth is the ability of 3D printing technology to produce highly accurate…
Eyewear Market Set to Reach USD 340.89 Billion by 2032, Fueled by Rising Demand …
The global eyewear market size was USD 170.53 Billion in 2022 and is expected to reach USD 340.89 Billion in 2032, and register a revenue CAGR of 8% during the forecast period. Rising instances of visual impairments and a growing aging population are expected to drive the growth of the market revenue in the future. Additionally, there is an anticipated increase in demand for contact lenses due to the growing…
Food Emulsifiers Market to Reach USD 5.12 Billion by 2030, Fueled by Growing Dem …
The global food emulsifiers market size was USD 3.36 Billion in 2021 and is expected to register a revenue CAGR of 4.8% over the forecast period, according to the latest report by Reports and Data.
According to studies, the vegan population is growing and already accounts for about 79 million people worldwide, creating a significant need for plant-based food emulsifiers. As a result, producers are motivated to create new goods and…
Global Vital Signs Monitoring Market to Surpass USD 9.84 Billion by 2032, Fueled …
The global Monitoring Vital Signs Market was USD 5.35 billion in 2022 and is projected to reach USD 9.84 billion in 2032, with a revenue CAGR of 7% during the forecast period. Factors driving market revenue growth include the increased prevalence of chronic diseases, the aging population, and the need for remote patient monitoring systems.
Monitoring vital signs is crucial in providing medical care, as it involves taking measurements of various…
Global Sepsis Diagnostics Market to Reach USD 1491.4 Mn by 2030, Driven by Incre …
The sepsis diagnostics market is projected to grow at a CAGR of 10% during the forecast period, according to the latest market research report. In 2022, the global market size was valued at USD 632.5 million, and it is expected to reach USD 1491.4 million by 2030. The increasing prevalence of sepsis, a potentially fatal illness caused by the body's reaction to infection, is one of the primary factors driving…
Waterproofing Membranes Market Growth, Revenue Share Analysis, Company Profiles, …
The market size of waterproofing membranes globally was USD 36.93 Billion in 2022, and it is projected to reach USD 57.29 Billion by 2032, with a compound annual growth rate of 5% during the forecast period.
The demand for waterproofing membranes is expected to increase significantly during the forecast period due to the rapid urbanization and industrialization of emerging economies. Additionally, the construction industry's expansion worldwide, particularly in the Asia Pacific…
Aquaculture Vaccines Market Size expected to register a rapid revenue CAGR of 8. …
The global Aquaculture Vaccines Market Size was valued at USD 3.76 billion in 2022 and is expected to grow at a rapid pace with a compound annual growth rate (CAGR) of 8.40% during the forecast period. The growth is attributed to various factors such as the increasing demand for fish and seafood, prevalence of aquatic diseases, advancements in vaccine quality, guidelines for aquaculture breeders, and new research in vaccination to…
Global Biologics Market to Reach USD 712.45 Billion by 2032, Driven by Rising Pr …
The global Biologics Market was valued at USD 356.4 billion in 2022 and is expected to reach USD 712.45 billion by 2032, with a compound annual growth rate (CAGR) of 8% during the forecast period. The increasing prevalence of chronic diseases and the growing need for personalized medication are driving the growth of the market. Biologics, which are complex molecules produced from live cells, are highly specific and effective in…
Global Ophthalmic Devices Market to Reach USD 42.35 Billion by 2032, Driven by I …
The global Ophthalmic Devices Market was valued at USD 27.3 billion in 2022 and is projected to reach USD 42.35 billion by 2032, with a revenue CAGR of 5% during the forecast period. The market growth is driven by a rise in ocular conditions, such as glaucoma, age-related macular degeneration, and cataracts. In addition, increased healthcare spending, an aging population, and higher demand for ophthalmic devices are contributing to the…
Global Healthcare Cybersecurity Market to Reach $80.35 Billion by 2032, Fueled b …
The healthcare cybersecurity market is predicted to grow rapidly, with an estimated revenue CAGR of 22% during the forecast period and a projected market size of USD 80.35 billion in 2032, up from USD 13.42 billion in 2022. This growth can be attributed to the increasing occurrence of cyberattacks and data breaches in the healthcare sector, the higher adoption of advanced cybersecurity solutions, and the adoption of 5G technology. Electronic…
Healthcare Predictive Analytics Market to Reach USD 41.37 Billion by 2032 with R …
The Healthcare Predictive Analytics Market experienced a size of USD 7.44 Billion in 2022 and is projected to reach USD 41.37 Billion by 2032, displaying a rapid revenue CAGR of 21% throughout the forecast period. Key drivers of market revenue growth include the increasing demand for advanced analytics systems in the healthcare industry to enhance patient outcomes and reduce costs, as well as the adoption of evidence-based medicine for precise…
Bulk Ferroalloy Market Is Expected to Grasp the Value of USD 88.27 Billion with …
Bulk Ferroalloy Market Overview:
During the forecast period, the revenue of the global bulk ferroalloy market is expected to grow at a CAGR of 5.3%, with the market size increasing from USD 55.46 Billion in 2022 to USD 88.27 Billion in 2032. The market growth is mainly driven by the rising demand for steel, which is a major consumer of bulk ferroalloys, as these materials enhance the durability, tensile strength, and…
Chlorinated Paraffin Wax Market Size Worth USD 1.86 Billion 2032| CAGR of 3.6%
Chlorinated Paraffin Wax Market Overview:
During the forecast period, the global market size for chlorinated paraffin wax is projected to grow at a revenue CAGR of 3.6%, from USD 1.35 Billion in 2022 to USD 1.86 Billion in 2032. This growth is mainly driven by the increasing demand for flame retardant materials in different industries, the expanding plasticizer industry, and the rising usage of chlorinated paraffin wax in metalworking fluids.
Chlorinated paraffin…
Bubble Wrap Packaging Market Research study on Future Challenges, Growth Statist …
Bubble Wrap Packaging Market Overview:
In 2021, the global market size for Bubble Wrap Packaging was strong and is expected to exhibit a consistent Compound Annual Growth Rate (CAGR) in terms of revenue during the projected period. Bubble wrap packaging is considered one of the most effective types of protective packaging due to its unparalleled shock absorption and abrasion resistance capabilities, as well as its lightness and flexibility. The e-commerce sector,…
Tin Market Outlook, Key Players, Segmentation Analysis, Growth Factor and Foreca …
Tin Market Overview:
The market for tin is projected to exhibit a compound annual growth rate (CAGR) of 4.6% in terms of revenue between 2022 and 2030. This growth can be attributed to several factors, such as the increasing demand for tin from the electronics industry and its expanding use in that sector. Additionally, the growth of the packaged foods industry due to changing lifestyles, the potential application of tin in…
Indiana Homecare Enteral Feeding Formula Market is Expected To Reach USD 165.08 …
The global Indiana homecare enteral feeding formula market size was USD 82.58 Billion in 2022 and is expected to register a revenue CAGR of 8% over the forecast period, according to the latest report by Reports and Data.
The demand for enteral feeding formulas is growing due to the geriatric population's susceptibility to chronic illnesses. Enteral tube feeding helps to introduce introduction of nutrients by tubes into gut or stomach for…
Wine Market Is Expected Valuation To Reach USD 826 Billion at a CAGR of 6.4% by …
In 2022, the worldwide wine market was valued at USD 472.9 billion, and it is anticipated to reach USD 826 billion by 2032, with a compound annual growth rate (CAGR) of 6.4% during the forecast period. The growth of the market revenue is being driven by several factors, including the increasing demand for premium wine, the wine's popularity as a symbol of social status among consumers, and the rising consumption…
Plant-Based Oils Market Expected Size to Reach USD 85.2 Billion at a CAGR of 6% …
The global plant-based oils market size was USD 50.43 Billion in 2022 and is expected to register a revenue CAGR of 6% over the forecast period, according to the latest report by Reports and Data.
Consumer desire for plant-based oils is increasing globally due to the rising incidence of health problems like cardiovascular disease, obesity, and high cholesterol levels. Plant-based oils are thought to be healthier because they include less saturated…
Household Refrigerators and Freezers Market to Grow USD 137.09 Billion at a CAGR …
The global household refrigerators and freezers market size was USD 89.9 Billion in 2022 and is expected to register a revenue CAGR of 4.8% over the forecast period, according to the latest report by Reports and Data.
Household refrigerators and freezers are designed to store modest amounts of Food & Beverage (F&B) goods at low temperatures. As a result of customer preferences for convenience meals and the desire to preserve food…
Genetically Modified (GM) Food Safety Testing Market Is Expected to Witness Rapi …
The global Genetically Modified (GM) food safety testing market size was USD 1.52 Billion in 2022 and is expected to register a revenue CAGR of 9.4% over the forecast period, according to the latest report by Reports and Data.
GM crops are commonly used in agriculture, Because of its resilience to pesticides, herbicides, and harsh weather conditions, resulting in increased agricultural output. GM foods are created to deliver perceived benefits such…
Bromelain Market Boosting the Strong Growth Worldwide to 2032
In 2022, the global market size of bromelain was USD 25.94 Billion, and it is projected to reach USD 47.69 Billion by 2032, with a forecasted revenue CAGR of 7%. The increasing utilization of bromelain in various industries such as food and beverage, pharmaceuticals, and cosmetics is due to its diverse health benefits that include anti-inflammatory, analgesic, and digestive properties.
One of the major factors contributing to the market's revenue…
Global Periodontal Scalers & Curettes Market to Reach USD 1.2 Billion by 2032 wi …
The Global Periodontal Scalers Curettes Market Size was worth USD 857.2 million in 2022 and is projected to reach USD 1.2 billion by 2032, with a revenue CAGR of 3.5% during the forecast period. This growth is primarily driven by the increasing prevalence of periodontal disease and the growing use of minimally invasive procedures. Poor dental hygiene, tobacco use, and aging populations are contributing to the rise of bacterial periodontal…
Field Service Management Market Expected to Reach USD 41.20 Billion in 2021 with …
The Field Service Management Market had a size of USD 41.20 billion in 2021 and is expected to experience a revenue compound annual growth rate (CAGR) of 17.6% during the forecast period. The market growth is being driven by factors such as the increasing demand for real-time updates through mobility and the adoption of bring your own device (BYOD) policies for employees. Additionally, the market is expected to benefit from…
Speech Analytics Market Driven by Customer Experience and AI Technology Adoption …
The Speech Analytics Market had a size of USD 1.79 billion in 2021 and is predicted to grow at a CAGR of 20.4% over the forecast period due to the rise of opportunities in digital marketing, data-driven decision-making, and customer experience. Many companies are adopting speech analytics technology to enhance their business processes and continuously promote customer satisfaction, making it a primary driver in the market. Deep Neural Networks (DNN)…
Robotic Process Automation (RPA) Market to Reach USD 47667 Billion by 2032 with …
In 2022, the global Robotic Process Automation (RPA) Market size was valued at USD 2322 billion. However, it is projected to grow significantly and reach USD 47667 billion by 2032, with a revenue CAGR of 39.9% during the forecast period. The market growth is primarily driven by the desire for automation solutions that can improve corporate operations and lower operational costs. RPA technology enables businesses to automate routine, rule-based operations,…
Global Veterinary Oncology Market Expected to Reach USD 940.76 Million by 2032 w …
The magnitude of the veterinary oncology market globally was recorded at USD 379.91 Million in the year 2022 and is expected to reach an impressive USD 940.76 Million in the year 2032, manifesting a swift revenue CAGR of 10.6% throughout the forecast period. The proliferation of cancer in domesticated animals such as cats, dogs, and horses is one of the leading causes of morbidity, and mortality among companion animals. According…
Global Veterinary Dental Equipment Market to Reach USD 456.4 Million by 2032, Dr …
The Global Veterinary Dental Equipment Market has been growing rapidly and is expected to continue doing so during the forecast period. One of the major factors driving the market revenue growth is the increasing need for animal healthcare services, as well as the rising incidence of animal dental disorders. The development of technologically advanced veterinary dental equipment is also a significant driver of market revenue growth. Another key factor is…
Global Muscle Stimulator Market to Reach USD 965.66 Million by 2032, Driven by I …
The Global Muscle Stimulator Market is predicted to grow from USD 581.37 million in 2022 to USD 965.66 million in 2032, with a revenue CAGR of 5.8% during the forecast period. The market is being driven primarily by the rising prevalence of musculoskeletal disorders and the increasing trend of physical fitness worldwide. Muscle stimulators are medical devices that use electrical impulses to contract muscles, helping to reduce pain, increase muscle…
Global Long-Term Care Devices Market to Reach USD 68.41 Billion by 2032, Driven …
The Long-Term Care Devices Market had a worth of USD 35.98 billion in 2022 and is expected to grow to USD 68.41 billion by 2032, with a compound annual growth rate of 7.4% during the forecast period. The growth is propelled by various factors, such as the rise in aging population, prevalence of chronic diseases, and the surging demand for home healthcare services.
Chronic diseases such as diabetes, cancer, and cardiovascular…
Global Cloud Computing Market to Reach USD 424.32 Billion in 2022, Expected to G …
In 2022, the global cloud computing market reached USD 424.32 billion and is expected to have a revenue compound annual growth rate (CAGR) of 15% during the forecast period. The market is being driven by the need for digital transformation and the desire for more flexibility and scalability in IT infrastructure. Businesses are moving away from traditional on-premise IT infrastructure to cloud-based solutions, especially in healthcare, banking, financial services, insurance,…
Personalized Medicine Market to Reach USD 176.5 Billion by 2032, Driven by Incre …
The global Personalized Medicine Market witnessed a substantial surge in revenue, with its size measured at USD 88.6 billion in 2022. According to experts, the market is expected to expand and attain USD 176.5 billion in 2032. The market growth rate is predicted to register a Compound Annual Growth Rate (CAGR) of 7.5% between 2023 and 2032. The revenue growth in the market is primarily propelled by several factors, including…
Microneedling Market Booms to USD 994.2 Billion in 2032 with 7% Revenue CAGR Dri …
The Microneedling Market had a value of USD 540.78 billion in the year 2022, and it is anticipated to grow with a revenue CAGR of 7% during the forecast period. The growth in revenue can be attributed to several factors such as the growing inclination towards minimally invasive cosmetic procedures, increasing awareness of the advantages of microneedling, and the rising preference for natural and organic skincare products among consumers. Microneedling…
Cybersecurity Market Expected to Grow at 9.5% CAGR due to IoT, BYOD Trends and C …
The global Cyber Security Market Size was USD 218.00 billion in 2021 and is expected to experience a compound annual growth rate (CAGR) of 9.5% during the forecast period. The market is anticipated to grow due to several factors, such as the increasing growth in the e-commerce sector, a rise in the adoption of Internet of Things (IoT) and Bring Your Own Device (BYOD) trends, an increase in the demand…
Global veterinarians market expected to reach USD 89.14 Billion by 2032 with 8% …
The global Veterinarians Market was USD 44.59 billion in 2022, projected to grow to USD 89.14 billion by 2032, with a CAGR of 8% during the forecast period. The increasing ownership of pets, animal health awareness, and the need for preventative pet healthcare are key drivers for market revenue growth. As people increasingly consider pets as part of their family, they are spending more on their pets' health, driving up…
Global Smart Syringes Market to Reach USD 2191.29 Billion by 2032, Driven by Ris …
The Smart Syringes Market globally was valued at USD 1096.19 million in 2022 and is projected to reach USD 2191.29 million in 2032, with a revenue CAGR of 8% during the forecast period. Market revenue growth is being driven by several factors, including the increasing prevalence of chronic diseases such as diabetes and cancer and the growing demand for secure and reliable injection systems. The demand for smart syringes is…
Veterinary Antimicrobial Susceptibility Testing Market to Reach USD 61.76 Billio …
The Global Veterinary Antimicrobial Susceptibility Testing Market size was USD 39.47 Billion in 2022 and is projected to reach USD 61.76 Billion by 2032, with a compound annual growth rate (CAGR) of 5.10% during the forecast period. The market's growth is primarily driven by factors such as the increasing incidence of infectious diseases in animals and the growing demand for accurate and reliable veterinary antimicrobial susceptibility testing.
One of the key…
Smart Healthcare Market to Reach USD 409.8 Billion by 2032, Fueled by Rising Nee …
The global Smart Healthcare Market is projected to experience a revenue CAGR of 25%, increasing from USD 55 billion in 2022 to USD 409.8 billion in 2032. The market is being propelled by the need for improved healthcare outcomes and patient experiences, and the increasing use of electronic health records and technological advancements in healthcare services. The deployment of smart healthcare systems, which enables proactive care management and remote patient…
Global Sickle Cell Anemia Testing Market to Reach $503M by 2032 with 6% CAGR: WH …
The sickle cell anemia testing and screening market is expected to witness a revenue CAGR of 6% during the forecast period, reaching USD 503.04 million in 2032 from USD 297.75 million in 2022. The market growth is primarily driven by the increasing prevalence of sickle cell anemia, particularly in regions such as Africa, the Middle East, and India. Molecular genetic testing, hemoglobin electrophoresis, and newborn screening are some of the…
Global Radiation Oncology Market to Reach USD 7.8 Billion by 2032, Driven by Ris …
The global Radiation Oncology Market was valued at USD 5.2 billion in 2022 and is predicted to increase to USD 7.8 billion by 2032 with a revenue CAGR of 4.2% during the forecast period. Factors driving market growth include the increasing demand for non-invasive cancer therapies, rising incidence of cancer, and advancements in radiation therapy technology. The use of high-energy radiation in radiation oncology helps to eliminate cancer cells and…
Caffeine Anhydrous Market Growth by Opportunities, Current Trend, Segments and F …
Caffeine Anhydrous Market Overview:
The market for caffeine anhydrous is projected to experience significant revenue growth with a strong CAGR of 5.3% between 2022 and 2030. This growth is attributed to the increasing demand for functional beverages and the rising health consciousness among consumers. It is also being used to treat various conditions like Parkinson's disease, headaches, and obesity, and its anti-oxidant, anti-inflammatory, and anti-aging properties make it suitable for…
Global Dental Services Market Expected to Reach $533.44 Billion by 2032, Driven …
The global Dental Services Market Size across the globe was valued at USD 388.84 billion in the year 2022, and it is expected to soar to USD 533.44 billion by the year 2032, registering a revenue CAGR of 4% throughout the projection period. The escalation in revenue growth of this sector is majorly influenced by the augmenting demand for cosmetic dentistry and increasing awareness about oral hygiene. Moreover, the surging…
Global Bacterial and Viral Specimen Collection Market Expected to Grow at a Rapi …
The global Bacterial and Viral Specimen Collection Market was valued at USD 1.92 billion in 2022 and is expected to grow at a CAGR of 6.3% during the forecast period. The market growth is mainly attributed to the rising prevalence of infectious diseases and increasing demand for diagnostic tests. The COVID-19 pandemic has further boosted the demand for specimen collection devices like swabs, vials, and transport media, which is driving…
Outdoor Solar Light Emitting Diode (LED) Market Size Worth USD 55.88 Billion at …
In 2022, the global market for outdoor solar Light Emitting Diode (LED) lighting was valued at USD 7.5 billion. It is projected to grow at a revenue CAGR of 25% during the forecast period and reach USD 55.88 billion by 2032. This growth is attributed to increasing awareness of the negative environmental impact of traditional lighting systems and a rising demand for energy-efficient outdoor lighting solutions.
The need for sustainable and…
Global Drug Development Market to Reach USD 297.75 Billion by 2032, Driven by Te …
The Drug Development Market globally was USD 205.61 Billion in 2022 and is projected to grow at a CAGR of 4.2% during the forecast period, driven by factors such as the increasing prevalence of chronic diseases, the growing elderly population, and technological advancements in medication development. The rising prevalence of chronic diseases, including cancer, diabetes, and cardiovascular conditions, is creating a need for more effective and efficient medications to combat…
Biostimulants Market Is Expected To Reach USD 6.75 Billion By 2032
Biostimulants Market Overview:
Reports and Data's latest report predicts that the global biostimulants market will grow at a CAGR of 11.3% and reach USD 6.75 billion by 2032. This growth is being fueled by growing ecological concerns due to the excessive use of chemical-based products in the agricultural sector, leading to an increased demand for eco-friendly biostimulants.
Biostimulants are crop and plant additives that improve crop quality, nutritive efficiency, and yield,…
Outdoor Candle Market Valuation to Grow USD 5.27 Billion at a CAGR of 3.4% by 20 …
In 2022, the global market size for outdoor candles was valued at USD 3.09 Billion and is projected to experience a significant growth in revenue with a CAGR of 3.4% during the forecast period. The market's growth is mainly attributed to several factors, such as the increasing demand for outdoor living spaces, the growing popularity of home decor, and the rising preference of customers towards environmentally friendly and sustainable products.
The…
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