Press Releases from P&S Intelligence (8081 total)
Revolutionizing Driver Training: The Growing Driving Simulator Market
More than 90% of the road accidents globally are caused due to human error. This alarming statistic is propelling the requirement for driving simulators in the transportation and government sectors. In addition, the rising requirement for logistics and shared mobility services is leading to a strong need for trained drivers. A driving simulator offers training to new and existing drivers by providing a virtual environment powered by AR or VR,…
Fuel Cell Electric Vehicle Market: Current Trends and Future Opportunities
The global fuel cell electric vehicle market is experiencing growth, according to P&S Intelligence. The growth of the market can be credited to the stringent rules for CO2 emissions, growing acceptance of EVs in developing countries, longer drive ranges provided by such vehicles, and rising requirements for improved fuel effectiveness.
Based on vehicle type, in the past few years, the passenger vehicle category had the larger share of the industry.…
Revolutionizing Automotive Industry: Drive By Wire Market Trends and Forecast
Due to the increasing enactment of stringent vehicular emission norms by the governments of several countries, advent of autonomous vehicles, and the development of connected infrastructure, the global drive by wire market revenue surged to $23,174.2 million in 2020 and it is predicted to rise even more in the coming years. The development of autonomous vehicles is a major market growth driver. These vehicles offer various advantages such as improved…
Extracorporeal Membrane Oxygenation Machine Market Will Reach USD 834.5 Million …
In 2021, the Extracorporeal Membrane Oxygenation Machine Market was worth around USD 529.4 million, and it is projected to advance at a 5.2% CAGR from 2021 to 2030, hitting USD 834.5 million in 2030, according to P&S Intelligence.
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This development can be ascribed to the increasing occurrence of respiratory failures and cardiopulmonary illnesses, and the rising number of populaces needing ECMO treatment because of the increasing incidence…
3D Bioprinting Market Will Reach USD 5,873 Million by 2030 | CAGR 19.4%
The 3D bioprinting market will reach a value of USD 5,873 million by 2030, propelling at a rate of 19.4%, as per a report by a market research institution, P&S Intelligence.
Factors such as the development of 3D biomaterials and bioprinters, the increasing investment by the public and private sectors for bioprinting research activities, and their usage of the same in the cosmeceutical and pharmaceutical industries are positively influencing the industry.
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Cleanroom Consumables Industry Is Dominated by Pharmaceutical & Biotechnology Co …
The cleanroom consumables market was valued at USD 9,462.25 million in the recent years, and it will reach a value of USD 14,957.72 million, advancing at a rate of 5.22%, by 2030, as told in a report by P&S Intelligence.
The growth in the industry is driven by the growing demand for electronic devices, due to technological advancements in artificial intelligence. The development of advanced medications has also increased the demand…
Computed Tomography Industry Insights, Leading Players, Growth and Demand Foreca …
A diagnostic instrument called computed tomography (CT) is utilized as an imaging tool to diagnose illnesses, abnormalities, and injuries. These scanners provide a range of pictures in the form of 2D images, 3D images, and cross-sectional scans that analyze interior injuries or anomalies and aid in the early detection of potential health risks.
The main benefit of CT is its capacity to simultaneously examine soft tissue, blood vessels, and bone.
The demand…
Differentiating Performance: Navigating the Competitive and Expanding Automotive …
A gear system called an automobile differential allows the wheels to spin at various speeds while turning. Because it divides the engine torque into two distinct units, the engine power may be multiplied and the wheels can spin at various rates.
Rear-wheel drives frequently use a differential, which is made up of pinion bearings, side bearings, spider and side gears, a differential box, and driving gears. The most often installed types…
Navigating the Competitive and Expanding Automotive Data Logger Market
A data logger is a telematics system that can obtain and gather data directed from automotive sensors and electronic control units. Information can not only be stored in the internal memory but also gathered and analyzed in real-time utilizing wireless communication technology. It enables digitally examining fleet data and facilitates identifying vehicle issues while guaranteeing optimal vehicle management.
The data logger comprises a sensor to obtain the data and a computer…
Exploring Opportunities and Challenges in the Global 1,5-Cyclooctadiene Market: …
The organic compound 1,5-cyclooctadiene, often known as COD, has the chemical symbol C8H12. Other organic compounds that use 1,5-cyclooctadiene as a parent compound include a number of others. An isomer of cycloalkane, 1,5-cyclooctadiene, with two double bonds and an eight-membered ring.
Moreover, 1,5-Cyclooctadiene is widely utilized in a variety of products, including elastomers, specialized chemicals, flame retardants, catalyst ligands, solvents, and chemical intermediates for cosmetics. In the following years, the 1,5-cyclooctadiene…
Teleradiology Market Expected To Grow to over $21,600 Million by 2030
The teleradiology market is expected to grow at a 15.2% CAGR in the span of 2021-2030, from $7,145.0 million in 2021 to $25,631.2 million by 2030. This will be because of a sharp increase in the volume of advanced imaging procedures worldwide. With the disease prevalence increasing day by day, there is an acute shortage of experienced radiologists. As per the stats of the Association of American Medical Colleges, there…
Healthcare Supply Chain Management Market To Generate $4,999.3 Million by 2030
In 2021, the healthcare supply chain management market accounted for $2,090.5 million revenue, which is set to reach $4,999.3 million by 2030, growing at a 10.2% CAGR from 2021 to 2030. The pressure on healthcare providers to save costs, adoption of GS1 standards, as well as the rising investments by healthcare providers and associated product manufacturers in SCM systems are the key drivers for the market expansion. As per some…
Mental Wellness Market To Touch USD 226.1 billion by 2030 | CAGR 6.2%
The total revenue of the mental wellness market in the past was USD 131.6 billion and it will power at a rate of 6.2% in the years to come to reach USD 226.1 billion by 2030, as per a report by P&S Intelligence.
The largest share was accounted for by the depression category with 27% in 2021. This was due to the fact that, there was a rise in the case…
Eye Testing Equipment Market To Reach Over USD 5,246 Million by 2030 | CAGR 7%
The total value of the eye testing equipment market was over $2,852 million in 2021, and will reach over $5,246 million by 2030, advancing at rate of 7% in the near future. This is because of the increasing occurrence of disorders related to eye, growing requirement for eye examination and treatment in developed countries, and progression in the technology of ophthalmic diagnostics.
Browse full report at: https://www.psmarketresearch.com/market-analysis/eye-testing-equipment-market
The autorefractor and phoropter category…
North America Is Dominating Pressure Relief Devices Industry
In 2021, the Pressure Relief Devices Market was worth around USD 3,361.1 million, and it is projected to advance at a 6.5% CAGR from 2021 to 2030, hitting USD 5,923.9 million in 2030, according to P&S Intelligence.
Browse full report at: https://www.psmarketresearch.com/market-analysis/pressure-relief-devices-market
This growth can be ascribed to the factors such as, they are simple to utilize, cost-effective, and extremely effective in averting ulcers, with foam mattresses experiencing the highest demand. By…
Anticoagulants Market Trends, Business Strategies, Regional Outlook, Challenges …
In 2021, the Anticoagulants Market was worth around USD 21,736.2 million, and it is projected to advance at a 12.2% CAGR from 2021 to 2030, hitting USD 42,893.4 million in 2030, according to P&S Intelligence. Such substances support in avoiding blood clots. They are given to those who are more prone to clotting, to decrease the risk of growing severe diseases, such as stroke and coronary heart disease.
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3D Printing High-Performance Plastics Market Driven by Surging Integration Of 3D …
The major drivers in the global 3D printing high-performance plastics market are skyrocketing demand for massive customization and the surging integration of 3D printing in numerous industries, such as automotive, defense, aviation, and aerospace. Moreover, the market will witness a robust compound annual growth rate in the coming years. The outbreak of COVID-19 had ruptured the entire circular economy and this market was no exception. Furthermore, it ruptured the entire…
Trends and Opportunities Driving the Cosmetic Chemicals Market towards Safe and …
The major drivers in the global cosmetic chemicals market are the growing population, rising disposable income, and the willingness of people to enhance their physical appearance. Moreover, this will go hand in hand with escalating investment in the research and development of these chemicals to launch new innovative products for utmost customer satisfaction. Furthermore, rising disposable income will consequently increase the purchasing power of consumers, exerting a push on the…
Innovations and Trends Driving the Non-Woven Adhesives Market towards More Susta …
The major drivers in the global non-woven adhesives market are the skyrocketing requirement for these products in the textile sector, growing awareness about better quality products, and surging demand for these adhesives in adult incontinence, baby care, and feminine hygiene applications. The market will grow at a significant pace in the coming years. However, the outbreak of COVID-19 had disrupted several markets and this market was not an exception. Lockdowns…
Minimal Residual Disease Testing Market Will Reach $3,570.1 Million in 2030 | CA …
In 2022, the minimal residual disease testing market was worth around USD 1,156.8 million, and it is projected to advance at a 15.1% CAGR from 2022 to 2030, hitting USD 3,570.1 million in 2030, according to P&S Intelligence.
This development can be ascribed to the increasing occurrence of solid tumors and hematological malignancies. Furthermore, the rising healthcare spending, also the increasing government and private expenditure in minimal residual disease studies, are…
Understand the Importance of Oxygen-Free Copper
Oxygen-free high-conductivity copper is another name for oxygen-free copper. A class of wrought copper alloys known as oxygen-free copper is refined using an electrolytic process and exhibits excellent conductivity. In particular, electrolytic refining is required to reduce the oxygen concentration to or below 0.001%.
Copper wires with a high oxygen concentration provide a danger of wire breakage during the drawing process. During the production process, oxygen-free copper has much-improved processing characteristics.…
Europe Is Dominating the Self-Healing Materials Market
The self-healing materials market is growing rapidly around the world. The major reasons that are credited to the growth of this industry are, increasing acceptance of these materials in the automotive, electronics and healthcare sectors, and their better long-term results.
On the basis of material, the polymer category had the largest share in the recent past, and it will also continue its dominance in the coming years. This can be attributed…
Rising Road Traction of Automobiles Boosts Synthetic Rubber Industry Growth
There are various types of synthetic rubbers such as Buna rubbers, neoprene, and butyl rubbers. These synthetic rubbers posses specific properties for various specialist applications. The butadiene rubber, and styrene-butadiene rubber are widely used for tire manufacturing. Butyle rubber is massivel used for inner tubes due to gas-impermeability.
Nitrile rubber is a synthetic rubber. It's manufacturing involves the acrylonitrile polymerization with the butadiene. It is also known as acrylonitrile-butadiene…
Increasing Elderly Population Boost the Demand for Medical Image Analysis Softwa …
The medical image analysis software industry has garnered USD 3,112.7 million revenue in 2021, and it is projected to generate USD 6,388.9 million revenue in 2030, advancing at a growth rate of 8.3% in the coming years. It is attributed to the surging population and increasing incidences of chronic diseases, with wide usage of computer-aided diagnosis.
In addition, the rising demand for diagnostic imaging in oncology, urology, orthopedics, neurology, and cardiology…
Empty Capsules Market Will Reach $4,879 Million By 2030 | CAGR 7.10%
In 2022, the global empty capsules market was worth around USD 2,818 million, and it is projected to advance at a 7.10% CAGR from 2022 to 2030, hitting USD 4,879 million by 2030, according to P&S Intelligence.
This growth can be credited to the rising acceptance of encapsulated medications among the elderly populace and the subsequent high demand for empty shells in the pharmaceutical, nutraceutical, and cosmeceutical industries.
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Hemostats Market Will Reach $4.73 Billion by 2030 | CAGR 5.8%
The hemostats market generated a revenue of USD 3.01 billion in 2022, and it will reach USD 4.73 billion by 2030, propelling at 5.80% CAGR during the forecast period, as per a report by P&S Intelligence.
This is credited to the development of new hemostasis products by numerous players, and the increasing oncologic, orthopedic, cardiac, gynecological, and reconstructive surgeries.
Browse full report at: https://www.psmarketresearch.com/market-analysis/hemostats-market
The mounting number of surgical procedures is also…
Digital Health Market To Reach USD 783,848.2 Million by 2030
The digital health market will make USD 183,517.9 million in 2022, and it will reach USD 783,848.2 million by 2030, pushing at a rate of 19.90% in the years to come, as per a market research company, P&S Intelligence.
Telemedicine had a momentous market share in the recent past. Telehealth services are highly demanded because of the increasing requirement for dependable fitness and health monitoring, management of population immediately, and secure…
Smart Home Healthcare Market To Reach USD 97,148 Million by 2030
The smart home healthcare market had a total size of USD 13,652 million in 2022, and it will grow at a rate of 27.8% in the coming years to touch USD 97,148 million by 2030, as told by P&S Intelligence, a market research institution.
The services category will grow at a highest rate of 29.2% in the years to come. This has a lot to do with the increasing need…
Surgical Retractors Market Trends, Business Strategies, Regional Outlook, Challe …
The surgical retractors industry has garnered $1,719.2 million revenue in 2021, and it is projected to generate $3,088.8 million in 2030, advancing at a rate of 6.7% from 2021 to 2030. It is ascribed to increasing incidences of chronic diseases, a rising geriatric population, and a worldwide growing preference toward minimally invasive surgeries.
For instance, heart and lung diseases are the major areas of health concern in India, which results in…
Clinical Trials Outsourcing Market To Reach USD 75,573.4 Million by 2030 | CAGR …
The revenue generated by clinical trials outsourcing market was USD 40,428.4 million in 2021, and it will power at a rate of 7.2% in the years to come, to touch USD 75,573.4 million by 2030.
In the recent past, phase 3 clinical trials dominated the industry with over 36% share. Because of an enormous clinical trial in the phase 3 stage and the increased possibilities of failure in clearing this phase,…
Magnetic Beads Market Will Reach USD 8,012.0 Million By 2030 | CAGR 12.2%
In 2021, the magnetic beads market was worth around USD 2,835.1 million, and it is projected to advance at a 12.2% CAGR from 2021 to 2030, hitting USD 8,012.0 million in 2030, according to P&S Intelligence.
In 2021, in the European industry, France generated the highest revenue. This can be credited to the rising use of magnetic beads in in-vitro diagnostics, wherein lies a requirement for cell separation, elimination of tumor…
Biopharmaceuticals Market To Reach USD 720.8 billion by 2030 | CAGR 7.1%
The total revenue generated by biopharmaceuticals market was USD 389.3 billion in 2021, and it will grow at a rate of 7.1% in the years to come, to reach USD 720.8 billion by 2030, as stated by P&S Intelligence.
The requirement for biological drugs is on the rise with the growing global occurrence of diabetes, cancer, and cardiovascular diseases.
Browse full report at: https://www.psmarketresearch.com/market-analysis/biopharmaceuticals-market
By the way, the increasing elderly population and…
What Is Synthetic Rubber and How May It be Used?
Synthetic rubber is created at industrial facilities by synthesizing it from minerals and petroleum. In essence, synthetic rubber is a polymer or synthetic polymer. It can bend or stretch elastically in response to tension.
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Different kinds of synthetic rubber are discussed on this page. However, it is preferable to know about the many forms of rubber accessible in the modern world before…
Electrical and Electronic Sector Making the Best Use of Graphene
Graphene is a fairly thin sheet of carbon atoms arranged in a honeycomb pattern. It is considered the thinnest, sturdiest and most conductive material in terms of both heat and electricity.
In this blog, we will read about some of the main applications of graphene in the contemporary scenario. Come, lets look at the applications of the same. But, before having a look at the applications, lets be aware of…
Green Chemicals Market Was Dominated by Europe
The green chemicals market is developing, and it will grow at a rate of 8.9% in the years to come for reaching USD 22,039 million by 2030. The main factors responsible for this growth are the increasing acceptance of biobased packaging and growing concerns for depletion of fossil fuels.
Bioalcohols had the largest share with regards to volume and value, on the basis of products. Moreover, it will consolidate the position…
Pharmaceutical Analytical Testing Outsourcing Market Growth Analysis, Opportunit …
In 2021, the pharmaceutical analytical testing outsourcing market was worth around USD 7,594.3 million, and it is projected to advance at an 8.5% CAGR from 2021 to 2030, hitting USD 15,814.6 million by 2030, according to P&S Intelligence.
This growth can be ascribed to the inventions in the pharmaceutical sector; the amplified focus on quality, safety, guidelines the growth in the count of end users; and the price benefits of outsourcing.
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Rising Usage of Polypropylene in Textile Industry
Propylene is a gaseous compound. It is obtained from the thermal cracking of propane, ethane, butane, and naphtha petroleum fraction.
Polypropylene is a synthetic resin developed from propylene polymerization. It can be molded or extruded in numerous plastic products, which require flexibility, toughness, lightweight, and heat resistance.
Polypropylene is a commercial polymer utilized in various applications, due to its low cost. In addition, it is known for high flammability and…
How Retail Packaging Can Help In Improving Brand Value?
What Is Retail Packaging and its purpose?
Retail packaging is the presentation packaging an item is in when it's complete for sale in a retail store, including food product boxes, perfume boxes, and other countless products.
To guarantee the harmless packing and transportation of several products, different kind of packaging is utilized in the retail and e-commerce industry. Retail e-commerce packing comprises boxes, protective packaging, labels, mailers tape, and others.
The retail e-commerce…
Riding the Wave of Change: Exploring the Growth Potential and Key Drivers of Tha …
The word "micromobility" is relatively recent. It alludes to compact automobiles like scooters and electric bicycles. Micromobile vehicles can only move at slow rates and can only transport people over small distances. They use sidewalks, bicycle lanes, and roadways.
The main growth factors for the Thailand micromobility market are the rising desire for a transportation system that is effective and can reduce air pollution, as well as the fact that micromobility…
Rhinoplasty Market Opportunities, Emerging Trends, Competitive Strategies and Fo …
In 2021, the rhinoplasty market was worth around USD 4,881.2 million, and it is projected to advance at a 7.0% CAGR from 2021 to 2030, hitting USD 8,989.2 million by 2030, according to P&S Intelligence.
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This growth can be credited to the increasing leaning of consumers toward spending more on appearance, growing awareness of aesthetics, and growing per-capita income in emerging nations, including India and…
Dental Equipment Industry IS Dominated by North America
The total revenue generated by the dental equipment market of USD 6,349.4 million in 2022, which will reach at a rate of 7.9% in the years to come, to reach USD 11,632.4 million by 2030, as stated by a market research company, P&S Intelligence.
Browse full report at: https://www.psmarketresearch.com/market-analysis/dental-equipment-market
The surge in the people count with oral problems, such as, oral cancer, periodontal disease, and oro-dental trauma, fundamentally leads to the expansion…
Global Leukapheresis Industry To Reach $136.3 Million by 2030 | CAGR 8.4%
The leukapheresis market was sized at USD 71.4 million in 2022, which will power at a rate of 8.4% in the years to come, to touch USD 136.3 million by 2030.
The market is bifurcated into devices and disposables, depending on product, of which disposables held the dominating share in 2022, a situation that will likely remain unchanged.
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The growing requirement for leukapheresis disposables because of the…
Underfloor Heating Market Will Touch USD 7,945.4 Million By 2030
In 2021, the underfloor heating market size stood at USD 4,319.3 million, which is projected to witness a 7.0% CAGR during 2021-2030, reaching USD 7,945.4 million by 2030, according to P&S Intelligence.
The U.K. market is projected to advance with the fastest CAGR in the coming few years. The key reasons boosting the development of the market include the increasing number of construction plans and the snowballing awareness regarding cost-efficient heating…
Advanced Visualization Market To Reach USD 5.08 Billion by 2030
The total size of the advanced visualization market was USD 2.52 billion in 2021, which will reach USD 5.08 billion by 2030, growing at 11% in the years to come, as stated by P&S Intelligence. This has a lot to do with the tech advancements in such solutions and growing consciousness about their aids.
The hardware & software had the larger share, in 2021. This is credited to the increasing requirement…
AI-Based Clinical Trials Solution Market Will Reach USD 7,073.9 Million By 2030
The AI-based clinical trials solution market will reach USD 7,073.9 million by 2030, and it will grow at a CAGR of 20.4% from 2021¬¬-2030, as per a report by P&S Intelligence.
This development can be credited to the growing occurrence of chronic illnesses and the rising need for progressive drugs. Amongst the numerous developing technologies in the healthcare industry with research and treatment, AI plays a vital role in trial…
Ultrasound Devices Market To Reach USD 12,073.4 Million by 2030 | CAGR 6.4%
The total size of the ultrasound devices market was at USD 6,929.7 million in 2021, and it will grow at a rate of 6.4% by the end of this decade, to reach USD 12,073.4 million by 2030.
The medical device tech is transitioning in the direction of miniaturization, with transportable, lightweight devices substituting their bulky counterparts. For providing point-of-care treatment to patients, healthcare institutions are laying much emphasis on the employment…
Pharmacogenomics Industry Opportunities, Emerging Trends, Competitive Strategies …
The pharmacogenomics industry has garnered $5,527.2 million revenue in 2021, and it is projected to generate $10,505.3 million revenue, advancing at a rate of 7.4% in the coming future.
Pharmacogenomics can be defined as the study of the genes that affect an individual's response to drugs. It is combined of pharmacology and genomics, which involves developing effective safe medications relying on the genetic makeup of the person.
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Virtual Rehabilitation Market To Boom With CAGR of 24.3% till 2030
The global virtual rehabilitation market size stood at $325.6 million in 2021, and it is predicted to advance at a CAGR of 24.3% from 2021 to 2030, with the revenue predicted for 2030 to be $2,312.3 million.
The growth of the industry is primarily driven by the increase in the number of disabled people and rise in the usage of VR for the treatment of patients. The COVID-19 pandemic has…
Driving Growth and Innovation in the 1,3-Butylene Glycol Market: Trends, Insight …
Butylene glycol for skin is used in numerous beauty and skincare products. From make-up to cream, and shampoo to serums, it's everywhere, which is why it's significant to comprehend what exactly it is and what it does. It performs countless functions from acting as a humectant to giving a uniform consistency to products, making it an important ingredient.
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What is Butylene Glycol?
1,3-Butylene glycol…
Bio-Based Cosmetics and Personal Care Ingredients Market Insights, Leading Playe …
The total size of the global bio-based cosmetics and personal care ingredients market was around $4,550.6 million in 2021. The market is projected to propel at a CAGR of 5.3% during the projected period and reach $7,271.7 million in 2030. The development of the cosmetic industry and the cognizance of people toward the harmful effects of synthetic chemicals are some of the factors that play a crucial role in the…
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