In 2022, Asia Pacific dominated the global carbon fiber-based SMC BMC market. The market growth in Asia Pacific is driven by the strong presence of the automotive, building & construction, electronics, wind energy, and other industries. Asia Pacific is a hub for automotive manufacturing with a large presence of international and domestic players operating in […]
Optical Fiber Market was valued at US$ 9.32 Billion in 2022 and is expected to reach to US$ 18.76 Billion by 2030; it is estimated to record a CAGR of 9.1% from 2022 to 2030
The optical fiber market is experiencing a significant boost due to rising investments in optical fiber cable (OFC) network infrastructure. As businesses and industries increasingly rely on high-speed and reliable connectivity, the demand for optical fiber solutions has skyrocketed. Optical fiber cable is a crucial component of modern network infrastructure that enables the transmission of […]
Micro Battery Market was valued at US$ 773.72 Million in 2022 and is expected to reach to US$ 3,228.80 Million by 2030; it is estimated to record a CAGR of 19.6% from 2022 to 2030
The rising adoption of wearable devices, such as smartwatches, fitness trackers, and medical wearables, is fueling the demand for micro batteries. These devices require compact and lightweight power sources to ensure long-lasting and reliable performance. Furthermore, the rapid advancements in the Internet of Things (IoT) and wireless sensor technologies are driving the demand for micro […]
Parenteral Nutrition Market was valued at US$ 6.84 Billion in 2022 and is expected to reach to US$ 11.12 Billion by 2030; it is estimated to record a CAGR of 6.2% from 2022 to 2030
Surge in Cases of Malnutrition and Premature Births Drives Parenteral Nutrition Market Malnutrition includes being undernourished, overweight or obese, having inadequate vitamins or minerals, and having a non-communicable disease due to a bad diet. As per World Health Organization (WHO) data, ~1.9 billion adults were overweight or obese, whereas 462 million were underweight in 2021. […]
Oncology Biosimilars Market was valued at US$ 9.46 Billion in 2023 and is expected to reach to US$ 24.71 Billion by 2031; it is estimated to record a CAGR of 12.8% from 2023 to 2031
North America accounts for a major oncology biosimilars market share in 2023, followed by Europe. The growing cases of cancer, rising approvals of biosimilars for cancer treatment, and the advanced healthcare infrastructure are the factors anticipated to propel the oncology biosimilars market in North America. Biologics are the most expensive medicines in the US. Biosimilars […]