Press Releases from P&S Intelligence (7920 total)
Brain Implant Market Analysis, Future Opportunity, Current Challenges, Geographi …
The brain implant market will reach a value of about USD 9.5 billion by 2030. The main factors responsible for the growth of the industry are the increasing cases of neurological ailments, for example epilepsy, Alzheimer's, Parkinson's, and tremors; increasing healthcare spending, increasing elderly population globally, and increasing count of people suffering from depression.
Deep brain stimulation dominated the industry. This had a lot to do with the number of advantages…
United States Endoscope Repair Market Will Grow the Fastest in Texas
The U.S. endoscope repair market will reach USD 990.7 million by 2030, at a CAGR of 10.4% by the end of this decade, as stated by a market expert at P&S intelligence, a market research firm.
The growing incidence of GI, colorectal, and breathing ailments among the people; the presence of well-known players; the improving healthcare services, and the growing hospital count are some of the key factors for the…
Professional Acne Treatment Market Growth, Segment Analysis, Top Players and For …
The professional acne treatment market will grow at a compound annual growth rate of 7.6% by the end of this decade to reach a value of USD 13,124.5 million by 2030.
This growth of the industry has a lot to do with the increasing occurrence of acne, rising disposable income in developing and developed countries, growing healthcare outlay, and growing count of research programs.
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Sleep Tech Devices Market Size, Share, Latest Trend, Top Companies and Demand Fo …
The sleep tech devices market will touch USD 49,984.7 million, propelling at a 14.5% compound annual growth rate, by 2030.
The growth of this industry is primarily attributed to the surging incidence of sleep disorders, growing utilization of oral appliances, and rising consciousness regarding the ill effects of untreated sleep apnea.
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In recent years, the wearable category, based on product, accounted for the larger…
Prefilled Syringes Market Growth Analysis, Opportunities, Trends, Developments, …
Prefilled syringes have become an efficient, convenient, and reliable method of drug and vaccine administration. Patients can now self-administer injectable drugs because of the availability of prefilled syringes. These syringes offer optimum dose precision, reduced drug waste, and increased lifespan of the product. Additionally, prefilled syringes offer greater patient safety by reducing the exposure to toxic materials that might happen while drawing medications from vials. These benefits will drive the…
Healthcare Insurance Market Latest Trends and Business Scenario 2030
The global healthcare insurance market revenue is expected to grow at a CAGR of 4.3% during forecast period.
According to the market research company, P&S Intelligence, the market is being driven by the surging geriatric populations, increasing incidence of chronic diseases, growing healthcare expenditure, and soaring gross domestic product (GDP) of several countries across the world. As per the World Population Prospects report published by the United Nations in 2017, the…
Advanced Wound Care Market Size, SWOT Analysis, Growth Statistics, Share Evaluat …
The global advanced wound care market is projected to be worth USD 13.4 billion by 2030, growing at a CAGR of 5.8%. This growth can be attributed to the growing occurrence of surgical and other kinds of wounds throughout the globe. Furthermore, the advancing medicinal safety standards are projected to support the domain development in the coming few years.
In recent years, the advanced wound dressing category had the largest advanced…
Recombinant Proteins Market Size, Share, Latest Trend, Top Companies and Growth …
The recombinant proteins market will grow at a double-digit compound annual growth rate in the years to come, to touch USD 3,203.7 million by 2030.
The growth of the industry has a lot to do with the growing collaboration between pharma sector and universities, the increasing occurrence of key genetic disorders and infectious diseases. Furthermore, the snowballing research on biological drugs and the growing investments of the government for this purpose…
Connected Car Market is Dominated by the Navigation Category
As per a report by P&S Intelligence, the connected car market was USD 64,061 million in 2022, and it will propel at an 18.30% CAGR, to touch USD 245,739 million, by 2030.
The growth in the industry is mainly credited to the mounting adoption of IoT in the automotive sector, growing requirements for high-end luxury cars, increasing concerns over vehicular safety & security, and rising preference for autonomous vehicles, integrated connectivity;…
Battery Management System Market Size, Share, Trends, Business Opportunities and …
The total revenue which was generated by battery management system market was USD 7,177.5 million in 2022, and it will reach USD 26,797 million by 2030, powering at a rate of 17.90% by the end of this decade, as stated by P&S Intelligence.
The modular topology will grow the fastest in the future. Most of the producers wish modular topology, as it is safe and bids momentous computational power, as it…
Electric Car Market Demand, Business Strategies, and Regional Outlook
The electric car market was 8.1 million units in 2022, and it will reach 45 million units, propelling at a 23.8% compound annual growth rate, by 2030.
The growth of the industry is attributed to the increasing customer interest in lessening the carbon footprint of their vehicles, enhancement in the technology of batteries, and advantageous government policies.
The progression of electric vehicle batteries is the main reason for the decreasing price and…
Single-Use Bioprocessing Market Size, Industry Shares, Global Growth and Forecas …
The single-use bioprocessing market will grow at a rate of 17.10% by the end of this decade, to touch USD 80.36 billion by 2030.
Single-use systems are employed at clinical size of more than 80% of bioprocessing processes and will be used by biomanufacturers and CMOs on a larger commercial scale. For scaleup and clinical manufacturing, players now make use of the largest single-use disposable systems, as a result of the…
The Electrifying Growth of the Electric Bus Market
The electric bus market will grow at a rate of 29.1% by the end of this decade, to touch 912,354 units by 2030.
The industry is experiencing a surge in the requirement for non-polluting and fuel-effective buses. The expansion of e- automobiles is fundamentally being powered by the increasing environmental anxieties and the strict laws and initiatives of the government for meeting zero emissions targets.
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The…
APAC is Dominating the Paints and Coatings Market
The paints and coatings market was USD 164.1 billion in 2022, and it will touch USD 238.8 billion, propelling at a 4.80% compound annual growth rate, by 2030.
The progression of this industry is because of the surging utilization of these products in the sectors of construction, automotive, and general industrial. Moreover, the constant industrialization and urbanization in developing nations are likely to boost the need for these products in various…
Non-Surgical Skin Tightening Market Size, Revenue, Comprehensive Research Study, …
The non-surgical skin tightening market will power at a rate of 6.8% by the end of this decade, to reach a value of USD 2,059.7 million by 2030, as stated by a market research institution, P&S Intelligence.
The key factors responsible for the the growth of the industry are the increasing emphasis on appearance of the skin amongst people aged 25 to 65 years, growing acceptance of non-invasive procedures, and…
AI in Fintech Market will Grow the Fastest in the APAC Region
The AI in fintech market will power at a considerable compound annual growth rate of 19.8% by the end of this decade to reach a value of USD 46,881.9 million by 2030.
The main factors, which are supporting the industry growth are, the companies concentrating on saving and efficiency improvement; increasing acceptance of IoT, AI, and ML across monetary organizations; growing usage of 5G; mounting fintech adaption; and increasing necessity…
Goat Milk Products are Mostly Sold in Supermarkets and Hypermarkets
The goat milk products market will power at a rate of 4.8% by the end of this decade. The industry is mainly powered by the rise in the count of health-conscious consumers, subsidies form the government for goat farming, and tech progression all over the world.
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Cheese dominated the industry, with a share of about 45% in 2021. This is due to the fact…
Cloud Gaming Market Had the Largest Revenue Share in the APAC Region
The cloud gaming market will grow at a considerable compound annual growth rate of 42.8% by the end of this decade to reach a figure of USD 111,344.1 million by 2030.
The factors such as increasing popularity of cloud gaming, together with the introduction of best-in-class, cross-platform gameplays will help power the industry all over the world.
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Furthermore, the increasing use of the internet…
APAC Is Dominating the Mining Automation Market
The size of the global mining automation market was USD 4,116 million in 2022, and the figure is set to rise at a CAGR of 6.80% from 2022 to 2030 and reach USD 6,966 million by the end of this decade.
The increase in the need for better security of work, an increasing demand for fleet management systems, and a growing focus on reducing operating costs are mainly behind…
North America Is Dominating Digital Health Market
The size of the global digital health market was USD 183,517.9 million in 2022, and the figure is set to rise at a CAGR of 19.90% from 2022 to 2030 and reach USD 783,848.2 million by the end of this decade.
This is ascribed to the escalating need for remote patient monitoring services, growing usage of smartphones and tablets, surging demand for enhanced healthcare information systems, development of innovative…
North America is dominating the Life Science Analytics Market
The global life science analytics market is witnessing growth and is projected to reach USD 18,386.0 million by 2030. This growth can be ascribed to the increasing importance of the initial discovery of illnesses with the study of present information, which can aid in understanding medicine and treatment patterns through the patient's healthcare drive and attaining effective excellence.
In recent years, the descriptive category led the industry with a share of…
Rising Number of Design Professionals Fuels Demand For 3D CAD Software
The 3D CAD software industry is projected to advance at a rate of 6.8% in the coming years, to generate USD 16,748.5 million revenue in 2030. It is ascribed to surging usage of 3D modeling, and growing demand for mobile-friendly and cloud-based 3D CAD solutions.
In addition, the rising adoption of this software is ascribed to the surging number of professionals in designing, more specifically in sectors such as automotive,…
Microcontroller Market was Led by the APAC Region
The microcontroller market will reach a value of USD 43.61 billion by 2030, at a compound annual growth rate of 9.8% by the end of this decade. The industry growth can be chiefly credited to the increasing requirement for microcontrollers in the automotive sector, the mounting acceptance of medical and healthcare devices, and the increasing use of IoT devices.
The industry is categorized into 8-bit, 16-bit, and 32-bit microcontrollers. The 32-bit…
Industrial Robots to Grow Fastest in Industrial Control and Factory Automation M …
As stated by a market professional at P&S Intelligence, the industrial control & factory automation market will advance at a rate of 8.60% in the years to come, to touch USD 286.8 billion by 2030.
Sensors component category had a substantial share, of more than 24%, in 2022. Sensors have an important role to play in smart manufacturing by collecting data and offering data support.
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Hardware Category had a Larger Share in the Underfloor Heating Market
The underfloor heating market will grow at a rate of 7% by the end of this decade, to reach USD 7,945.4 million by 2030.
In the years to come, Europe will grow at the highest rate of more than 7%. This will be as a result of the government bodies actively taking part in environment protection, via the use of energy-efficient systems.
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There…
Vapor Recovery Units Market was Led by the Oil and Gas Industry
The vapor recovery units market will reach a value of USD 1,177.8 million by 2030, at a rate of 5% by the end of this decade. This can be mainly credited to the growing production of oil & gas and, in line, of petrochemicals.
Also, the increasing concern around the toxic emissions from petrochemicals and stringent regulations for VOC emission reduction are accountable for the growth of the industry.
Request for…
North America Is Dominating Immersion, Cooling Market
The immersion cooling market is witnessing growth and is projected to reach USD 1,855.1 million by 2030. The growth in the count of data centers, the making of huge quantity of information, and the fast utilization of cloud services are the major reasons propelling the industry development. Additionally, the growing count of internet operators, increasing smartphone usage, rising utilization of social media, and rising concentration of establishments to shift to…
Central Vacuum Cleaner Systems Market Will Reach USD 948.9 Million By 2030
The global central vacuum cleaner systems market is witnessing growth and is projected to reach USD 948.9 million by 2030. This growth of the market can be ascribed to the growing execution of green cleaning tech, rising work toward enhancing cleanliness in commercial places, and the rising need for indoor air cleaners. Furthermore, severe ecological guidelines across nations along with novelties in vacuum systems are projected to fuel the industry…
Cordless Power Tools Market Will Grow the Fastest in the APAC Region
The cordless power tools market will drive at a compound annual growth rate of 9.2% in the years to come, to reach at a figure of USD 46,729.5 million by 2030. The key factors powering the growth of the industry are the increasing acceptance of cordless power tools, the expanding requirement for fastening tools in industries, and the developing construction sector in developing nations.
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Precision Cardiology Market Opportunities, Emerging Trends, Competitive Strategi …
The total value of the global precision cardiology market was USD 1,011.5 million in 2021, and it will rise at a growth rate of above 12.8% shortly, reaching USD 2,998.4 million by 2030, according to P&S Intelligence.
This growth can be ascribed to the reducing price of sequencing approaches, increasing knowledge of initial monitoring of cardiovascular diseases, and increasing the burden of cardiovascular diseases.
For example, as per the World…
Residential Category To Grow the Fastest in the Hand Tools Market
The hand tools market will reach a value of USD 31,884.1 million by 2030, at a rate of 4.3%by the end of this decade. Factors responsible for industry growth are growing, shipbuilding, automotive, construction, and manufacturing industries.
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Additionally, the increasing use of hand tools in DIY and aerospace sectors for numerous applications, as well as hammering, drilling, and sawing, amongst others, is also responsible…
Liquid Handling System Market Trends, Segment Analysis, Regional Outlook and Gro …
The global liquid handling system market is projected to be worth USD 6,521 million by 2030, growing at a CAGR of 4.20%. This development can be credited to the thriving life sciences sector, the growing occurrence of chronic illnesses, and growing expenditure by businesses for emerging pioneering and effective therapeutic agents.
In the coming few years, the need for automated systems is projected to surge quicker. These variants lessen the requirement…
Metagenomic Sequencing Market Insights, Share Evaluation, Leading Players, Growt …
The metagenomic sequencing market was USD 1,938 million in 2022, and it will reach USD 6,899 million, advancing at a 17.20% compound annual growth rate, by 2030.
The growth in the industry is because of the decreasing cost of this technique. Furthermore, the implementation of this technique is increasing in agricultural biotechnology, where it allows the analysis of the whole genome in an environmental sample without the need for culturing.
Get…
Ventilator Market Analysis, Latest Trends, Business Strategies, Regional Outlook …
The global ventilator market is projected to be worth USD 2,887.32 million by 2030, growing at a CAGR of 7.1%.
This growth can be credited to the growing occurrence of chronic illnesses, including asthma and chronic obstructive pulmonary illness, across the globe. Additionally, the industry is expected to grow because of the rising number of preterm births, growing prevalence of respiratory disorders, increasing geriatric population, growing demand for ICU beds, and…
Surgical Sutures Market Trends, Business Strategies, Top Leaders, Development an …
The total value of the global surgical sutures market was USD 4.1 billion in 2021, and it will rise at a growth rate of above 5.9% shortly, reaching USD 6.8 billion by 2030, according to P&S Intelligence. This development can be credited to the growing count of medical procedures and the growing occurrence of chronic illnesses throughout the globe.
In recent years, absorbable sutures led the industry, with a market share…
Wearable Injectors Market Share, SWOT Analysis, Growth Statistics, Top Leaders a …
The global wearable injectors market is projected to be worth USD 20.21 billion by 2030, growing at a CAGR of 12.6%. This growth can be credited to the rising concerns over health risks because of the conventional injectors, along with the surging demand for new and conventional medication molecules.
Furthermore, the growing count of cases of chronic illnesses, like cardiovascular illnesses, diabetes, and cancer, and supportive reimbursement strategies are projected…
Reinventing Sustainability Navigating the Recycled Carbon Fiber Market
Europe Dominated the Recycled Carbon Fiber The size of the recycled carbon fiber market will power at a compound annual growth rate of 7.9% during 2022-2030, to touch a value of USD 310.3 million by 2030.
The cost of recycled carbon fiber is lower than virgin carbon fiber. Stiffness, endurance, heat, fatigue, and corrosion resistance are some of the beneficial properties of this material. It helps automakers to produce low-cost mass-market…
Cultivating Growth: Insights into the Agrochemical Market
The agrochemical market was valued at USD 221.7 billion in 2022, it is predicted to reach USD 301.5 billion by 2030, exhibiting a CAGR of 3.9% during the forecast period.
This is because of the rising demand for food and growing population which leads to a growth in the demand for fertilizers and nutrients used by farmers in order to supply the crops with nutrients and improve the quality.
Agrochemicals can be…
APAC Is Dominating Isostatic Pressing Market
The global isostatic pressing market is projected to be USD 13,568.1 million by 2030 growing at a CAGR of 7.0% during the forecast period. sectors including energy, aerospace, medical devices, automotive, and manufacturing regularly use isostatic pressing. In this regard, the requirement for such technology is significantly impacted by the growing requirement for contemporary materials and components with brilliant features, like homogeneity, high density, and mechanical strength.
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Light as Air: Navigating the Silica Aerogel Market
Imagine a material so light in weight that it appears to challenge gravity, yet so robust that it can provision the weight of a vehicle. Silica aerogel, an astonishing material that has garnered the imagination of experts and fanatics alike. Commonly denoted as "frozen smoke" or "blue air," silica aerogel's attractive properties make it a captivating subject for exploration.
The Arrival of Silica Aerogel
Silica aerogel was first advanced in the 1920s…
Methionine is an Essential Amino Acid for Healthy Skin, Hair, and More
Methionine is a vital amino acid found in protein food sources like dairy and meat. Your body is not able to make methionine, so you have to get it from food or supplements. It is essential for several functions in the body, such as making DNA, building new proteins, and normal tissue development and repair.
There is no recommended dose for methionine supplements, but you must get around 15
milligrams (mg)…
APAC is Dominating Machine Vision Market
In 2022, the machine vision market was worth around USD 14.4 billion, and it is projected to advance at an 8.60% CAGR from 2022 to 2030, hitting USD 27.86 billion by 2030, according to P&S Intelligence. This growth can be credited to the growing need for quality inspection and mechanization in diverse industrial verticals; the increasing research and development investment by key players; and technological developments.
In 2022, the PC-based machine…
Variable Frequency Drive Market Was Dominated by APAC
The revenue generated by variable frequency drive market was USD 23.56 billion in 2022, and it will propel at a compound annual growth rate of 5.20% by the end of this decade, to touch USD 35.34 billion by 2030, as mentioned in one of the reports of P&S Intelligence.
Rapid industrialization also drives the demand for such drives. With increasing number of industries established all over the world, the requirement for…
Europe Dominated the MVNO Market
The MVNO market was valued at USD 73.6 billion in 2022, and it will grow at an 8.7% CAGR, to reach USD 155.2 billion, by 2030 as per a report by P&S Intelligence.
The growth in the industry is attributed to the mounting mobile device penetration and requirement for low-priced mobile services; the increasing need for high-speed internet connectivity; and the rapid growth in the requirement for triple-play services in…
APAC Region is the Leader of Electric Motors Market
It is as per the report of P&S Intelligence, a market research company, the total revenue generated by the electric motors market was USD 123.76 billion in 2022, and it will grow at a CAGR of 6.75% in the years to come, to reach USD 208.70 billion by 2030.
DC electric motors will have a rate of 7.1% in the years to come. These offer strong management of speed and outstanding…
Online Pharmacy Industry Trends, Segment Analysis, Top Leaders and Demand Foreca …
According to the latest market research study published by P&S Intelligence, the online pharmacy market size is predicted to reach $261,684.5 million by 2030 from $68,382.3 million in 2021, at a CAGR of 16.1%. This has a lot to do with the sharp increase in the number of internet users.
Moreover, due to the pandemic, the lockdown became one of the key driving factors, as, confined to their homes and…
The industrial Starches Market Will Reach USD 169,971.8 Million By 2030
In 2021, the industrial starches market was worth around USD 97,623.6 million, and it is projected to advance at a 6.4% CAGR from 2021 to 2030, hitting USD 169,971.8 million in 2030, according to P&S Intelligence.
Industrial starch is commonly utilized in the food sector as an additive. It has certain characteristics, including, thickening, stabilizing, gelling, and film-forming, which make it a valued item in the market. Because of such reasons,…
Fruit and Vegetable Processing Equipment Market To Touch USD 10.2 Billion by 203 …
The fruit and vegetable processing equipment market will power at a rate of 6.9% by the end of this decade to touch a value of USD 10.2 billion by 2030. The industry is increasing with the growing global population, and altering dietary habits because of the increasing purchasing power of people toward higher-value items.
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Consequently, the requirement for food processing, packaging, storage and…
Energy Storage Market To Touch 410,543 MW by 2030
The total size of the energy storage market was 36,774 MW in 2022, and it will grow at a rate of 35.2% in the years to come, for reaching 410,543 MW by 2030, as per a report by P&S Intelligence.
One of the main drivers in the industry is the increasing emphasis on unconventional electricity generation sources. With the fast urbanization, there is an increasing demand for solar, hydro, and wind…
North America Is Dominating the Commercial Satellite Imaging Market
In 2022, the commercial satellite imaging market size stood at USD 3,754 million, which is projected to propel at 11.20% CAGR during 2022-2030, reaching USD 8,777 million by 2030, according to P&S Intelligence.
With the utilization of optically prepared satellites, raw image information is formed in the process of imaging. Aeronautical imaging provides better image resolution in comparison to satellite imaging, as it is nearer to the object. Terrestrial imaging is…
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