New configuration requirements such as the WELL Building Standard and the Wired Certification Guidelines are expected to positively impact the HVAC system designs in the future, which can fuel the growth of the market globally. Despite the fact that there is no national energy code or standard in the US, reference standards for commercial building […]
Encapsulated Gaskets and Seals Market was valued at US$ 360.05 million in 2022 and is expected to reach to US$ 603.50 million by 2030; it is estimated to record a CAGR of 6.7% from 2022 to 2030
In 2022, Asia Pacific accounted for the largest portion of the global encapsulated gaskets and seals market share. The market in Asia Pacific has been propelled by burgeoning manufacturing sector, increasing industrialization, and rising emphasis on advanced sealing solutions. As countries in Asia Pacific continue to develop their infrastructures, the demand for reliable sealing components, […]
Industrial Valves Market was valued at US$ 64,335.89 million in 2023 and is expected to reach to US$ 89,331.32 million by 2028; it is estimated to record a CAGR of 4.2% from 2023 to 2031
An industrial valve is a mechanical device used for regulating or obstructing the flow of gas or liquid within a system. Industrial valves were initially developed using metals; however, valves made of various polymers are also offered in the market. Ball valves, gate valves, and butterfly valves are among the most used valves across the […]
Spinal Implants Market was valued at US$ 11.88 billion in 2023 and is expected to reach to US$ 19.68 million by 2031; it is estimated to record a CAGR of 6.5% from 2023 to 2031
Factors such as the surging number of spinal implant procedures, and rising incidence of trauma and sport-related injuries propel the spinal implants market growth. However, the stringent regulations impede the growth of the market. The spinal implants market in Asia Pacific is expected to grow at the highest CAGR during the forecast period. North America […]
Continence Care Market was valued at US$ 5.63 billion in 2022 and is expected to reach to US$ 8.73 billion by 2030; it is estimated to record a CAGR of 5.6% from 2022 to 2030
Increase in Number of Patients Suffering from Multiple Sclerosis, Spinal Cord Injuries, etc. Drives Market Growth Multiple sclerosis (MS) affects cognitive, emotional, motor, sensory, or visual functions. It occurs when a person’s immune system attacks their brain and spinal cord. According to the World Health Organization, over 1.8 million people were reported to have had […]
Metal Packaging Market was valued at US$ 145.52 billion in 2022 and is expected to reach to US$ 197.10 billion by 2030; it is estimated to record a CAGR of 3.9% from 2022 to 2030
In 2022, Asia Pacific dominated the global metal packaging market. Fueled by expanding industrialization and a burgeoning consumer goods sector, the demand for metal packaging solutions has soared. Countries such as China and India have emerged as key players, driven by a rising middle-class population and increasing urbanization. Metal packaging’s durability, recyclability, and ability to […]
Analog to Digital Converter Market was valued at US$ 3.87 billion in 2022 and is expected to reach to US$ 6.29 billion by 2030; it is estimated to record a CAGR of 6.3% from 2022 to 2030
Progress in Automobile Industry to Fuel Analog to Digital Converter Market Growth During Forecast Period According to the European Automobile Manufacturers’ Association (ACEA), ~85.4 million motor vehicles were produced worldwide in 2022, recording an increase of 5.7% compared to 2021. Thus, an upsurge in vehicle production generates the demand for analog to digital converters, which […]
Pipe Relining Market was valued at US$ 8,499.51 million in 2022 and is expected to reach to US$ 12,761.26 million by 2030; it is estimated to record a CAGR of 5.2% from 2022 to 2030
Increased Adoption of Pipe Relining to Lower Cost of Pipes Restoration Methods is Driving the Pipe Relining Market Growth Traditional sewer pipeline repair methods involve excavation and digging, which are costly, time-consuming, and disruptive processes. These processes take several days and even weeks, depending upon the complexity of the issue. With pipe relining, the cost […]
Teleradiology Services Market was valued at US$ 2,392.28 million in 2022 and is expected to reach to US$ 8,313.27 million by 2030; it is estimated to record a CAGR of 16.8% from 2022 to 2030
Promising 5G Technology Act as a Trend for Teleradiology Services Market Growth Telemedicine requires a network supporting high-quality videos while remotely monitoring patients in real-time. Using 4G or older networks for transferring larger files between departments can be time-consuming, forcing physicians to spend their valuable time waiting for the file transfer process to complete. Upgrading […]
Bio-implants Market was valued at US$ 117.82 billion in 2023 and is expected to reach to US$ 223.06 billion by 2031; it is estimated to record a CAGR of 8.3% from 2023 to 2031
Bio-implants are prosthetic devices that replace, enhance, or support a biological structure. They consist of several biosynthetic components, such as tissue engineering products, along with collagen, including synthetic skin. Technological development in healthcare has contributed to the growth of the bio-implants market. Although the healthcare sector has made significant technological advancements over the years, the […]