Europe held the largest share of the hot dogs and sausages market in 2022, whereas Asia Pacific is projected to register the highest CAGR from 2022 to 2030. In Asia Pacific, the developing countries are witnessing rapid growth in the middle-class population and urbanization, which offers several opportunities for the key market players. The increasing […]
Wire Harness Market was valued at US$ 94.19 Billion in 2023 and is expected to reach to US$ 150.70 Billion by 2030; it is estimated to record a CAGR of 6.9% from 2023 to 2030
Wire harnesses (also known as cable harnesses) are used to transmit electrical power and signals in industries such as automobile, food & beverages, agriculture, and electronics. The wire harness market players are compelled to follow stringent regulations and standards. One such standard is IPC/WHMA-A-620 Revision D, introduced by IPC and Wiring Harness Manufacturer’s Association (WHMA), […]
Biologics Market was valued at US$ 469.2 Billion in 2023 and is expected to reach to US$ 1,793.9 Billion by 2031; it is estimated to record a CAGR of 18.2% from 2023 to 2031
Biologics are among the most promising avenues in the pharmaceutical industry, offering a unique approach to treating various diseases and medical conditions. The biologics market is constantly growing because pharma and biotechnology companies enormously invest in improving their production facilities. The increasing number of cases and diagnoses of chronic diseases requires the availability of sophisticated […]
Vascular Access Devices Market was valued at US$ 5.62 Billion in 2022 and is expected to reach to US$ 10.29 Billion by 2030; it is estimated to record a CAGR of 7.9% from 2022 to 2030
The increasing cases of chronic disorders and growing demand for chemotherapy procedures contribute to the growing vascular access devices market size. However, high cost associated with the placement of vascular access devices hinders the market growth. Growing Cases of Chronic Diseases Fuel Vascular Access Devices Market Growth Chronic disorders such as cardiovascular diseases, gastrointestinal disorders, […]
Ultra-Low Temperature Freezer Market was valued at US$ 619.89 Million in 2022 and is expected to reach to US$ 902.08 Million by 2030; it is estimated to record a CAGR of 4.8% from 2022 to 2030
Increasing demand for blood and blood components and rising technological advancements in ultra-low temperature freezers bolster the ultra-low temperature freezer market size. However, the high cost associated with ultra-low temperature freezers hinders the ultra-low temperature freezer market growth. Growing Emphasis on Temperature Uniformity and Energy Efficiency to Act as Trend in Ultra-Low Temperature Freezer Market […]