Press Releases from P&S Intelligence (8082 total)
Bioelectric Medicine Industry Analysis, Growth, Development and Demand Forecast …
In 2022, the bioelectric medicine market was worth around USD 21,532.1 million, and it is projected to advance at a 5.2% CAGR from 2022 to 2030, hitting USD 32,345.8 million in 2030, according to P&S Intelligence.
This growth can be credited to the increasing frequency of hearing conditions, neurological disorders, and cardiovascular disorders, Furthermore, the rising government and private healthcare investments, including in bioelectric medicine as well as electroceuticals research,…
Global Vascular Patches Industry To Reach USD 724.2 Million by 2030 | CAGR 8.1%
The vascular patches market had the revenue of USD 387.3 million in 2022, which will power at a CAGR of 8.1% in the years to come, to touch a value of USD 724.2 million by 2030.
The main risk for patients now is multi-morbidity, denoting the concurrent occurrence of two or more chronic ailments. Approximately 80% of the adults aged 65 and above have two or more chronic ailments, and 68%…
Medical Power Supply Industry is Dominated by North America
The total revenue of the medical power supply market was USD 1,432.2 million in 2022, which will reach USD 2,394.5 million by 2030, powering at a rate of 6.6% in the years to come, as per a report by P&S Intelligence.
The use of home-use healthcare devices is on the rise, because of the aging populace's increased tendency for developing chronic diseases. Therefore, an extraordinary boost in house-based healthcare will yield…
India Electric Bus Market To Reach USD 2,766.1 Million by 2030
It is stated by a market research company, P&S Intelligence, the total size of the Indian electric bus market size will USD 603.1 million in 2022, and it will grow at a rate of 21% by the end of this decade, to reach USD 2,766.1 million by 2030.
India is the second-most populated nation, following China. The national population figures continued to grow and so does the count of vehicles. The…
India Electric Scooters and Motorcycles Market To Touch USD 6,161 Million by 203 …
The total revenue generated by Indian electric scooter and motorcycle market was USD 893 million in 2022, and it will power at a rate of 27.30% in the coming years, to touch USD 6,161 million by 2030.
Batteries are responsible for 50%-60% of the total cost of the electric vehicles. Furthermore, the prices of Li-ion batteries have decreased considerably over the last decade at a rate of about 30% annually.
To…
The E-Bike Boom: Exploring the Rapidly Growing Market for Electric Bicycles
We all are living in the world of technology. Gradually, technology has upgraded our lives. These days, the utmost of the nation is using e-bikes. The usage of cycle of vehicles is always better for the environment, but an E-bike is the major acceptance of green transportation of the era. Just think of an e-bike in place petrol functioned scooters rather than a normal bike. An e-bike utilizes rechargeable batteries…
Gas Insulated Switchgear Market To Generate Revenue worth $36,400.7 Million by 2 …
A gas-insulated switchgear is a complex device made up of a solid metal frame that caters to several electrical devices, such as bus bars, circuit breakers, surge arrestors, and earth switches. All these devices are wrapped up in sulfur hexafluoride gas internal protected compartments that are enclosed by barrier devices.
The key application of a gas-insulated switchgear substation is to switch, transform, separate, measure, and distribute electrical power in power systems.
The…
North America Is Dominating Automated Machine Learning Market
Automated machine learning is the method of executing machine learning models to real-world issues utilizing automation. More precisely, it automates the composition, selection, and parameterization of machine learning models. Powering the machine learning process styles, it is more intelligible and commonly offers quicker, more precise results than hand-coded algorithms.
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Automated machine learning software platforms make ML more accessible and give companies without a dedicated…
Conversational AI Market Is Rapidly Expanding with Increasing Usage of Chatbots
Technology has brought about a big- booming positive impact on literally everything, and business are not lagging far behind in that regard. Customer satisfaction is a prime concern for any business, as any business making profit is mainly dependent on the fact that how much contented are the customers with a service or product offered.
When the people have any issues or queries with a service or product of a business,…
Global Biological Safety Cabinet Industry IS Growing Considerably in Europe
The total size of the biological safety cabinet market was USD 276.8 million in 2022, which will power at a CAGR of 7.9% by the end of this decade, to touch USD 507.1 million by 2030.
In emerging countries, governments are investing profoundly for enhancing the amenities for manufacturing biologic and pharma drugs, set up new labs, and offer better healthcare.
Browse full report at: https://www.psmarketresearch.com/market-analysis/biological-safety-cabinet-market
The developing nations are also altering their…
Global Rapid Test Kit Industry Will Reach $46,139.9 Million By 2030 | CAGR 9.1%
In 2022, the rapid test kit market was worth around USD 23,043.3 million, and it is projected to advance at a 9.1% CAGR from 2022 to 2030, hitting USD 46,139.9 million in 2030, according to P&S Intelligence.
Rapid tests are utilized for initial screening, and for the initial analysis of illnesses. Because of their dependability and quick results, they have extensive applications.
Browse full report at: https://www.psmarketresearch.com/market-analysis/rapid-test-kits-market
Furthermore, credited to their lucrative and…
Rotator Cuff Injury Treatment Market Is Dominated by North America
The total revenue of the rotator cuff injury treatment market was USD 1,098.4 million in 2022, which will rise at a rate of 5.1% in the years to come, to reach USD 1,633.5 million by 2030.
Surgical treatment had the largest share of revenue in the past of about 55%, and it will maintain its dominance in the years to come. This is because of the high frequency of rotator cuff…
Injection Molded Plastics Market Is on Track To Hitting USD 409.2 Billion by 203 …
The word "injection molding" covers a wide range of processes, including the molding of metals, ceramics, polymers, and several other substances. Plastics and injection molding are frequently used together. Plastics can also be formed using a variety of different methods, such as extrusion and blow molding. But the most used method of forming plastics worldwide is injection molding.
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In addition, injection molding developments…
Medical Ceramics Industry To Reach USD 4,477.7 Million by 2030 | CAGR 7.3%
The total revenue generated by the medical ceramics market was USD 2,543.2 million in 2022, and will grow at a compound annual growth rate of 7.3% during the projected period, to touch USD 4,477.7 million by 2030.
The increasing occurrence of musculoskeletal conditions, including osteoporosis, rheumatoid arthritis, osteoarthritis, fractures, sarcopenia, and sports injuries, is powering the requirement for hip and knee replacement surgeries all over the world.
Browse full report at: https://www.psmarketresearch.com/market-analysis/medical-ceramic-market
According…
Agricultural Micronutrients Market To Reach USD 8,322.1 Million by 2030
The size of the agricultural micronutrients market was USD 4,321.9 million in 2022, and it will grow at a CAGR of 8.5% during 2022-2030, to reach USD 8,322.1 million by 2030, as per a report of a market research firm P&S Intelligence.
Cereals and grains dominated the industry regarding value, contributing a share in excess of 50%. With growing population and shrinking arable land, there is much more pressure on the…
Electric Commercial Vehicle Market Set to Generate $814.8 Billion by 2030
The commercial electric vehicle market is experiencing significant growth. The success of the industry is majorly credited to the snowballing apprehensions about greenhouse gas emissions, decreasing cost and increasing operational efficiency of batteries, and also the numerous long-term benefits of commercial electric vehicles for the people all over the world.
APAC was the fastest and largest growing industry in the recent past and projected to continue its dominance in the coming…
Electric Toothbrush Market Will Touch USD 4,788.6 Million by 2030
The usage of high-quality toothbrushes has experienced a large demand due to the growing public awareness of dental care and oral hygiene. The introduction of cutting-edge technologies to the public to assist them in better safeguarding their oral health has been well received.
People have shown a great deal of interest in electric toothbrushes since they were introduced to the market. With few effort from the user, the task is made…
Micromobility Market Will Reach $10,351 Million by 2030
The micromobility market was valued at $3,060 million in 2021, and it is set to reach $10,351 million by 2030, growing at a CAGR of 14.5% between 2021 and 2030, according to a research report by a market research company P&S Intelligence.
This can be credited to the constant enhancements in smart cities and the automotive infrastructure globally, increasing number of micromobility vehicles with several benefits, including compact size, ease…
Used Car Market To Reach USD 2,980.2 Billion by 2030
The total value of the used car market was USD 1,749.1 billion in 2021, and it will reach USD 2,980.2 billion by 2030, growing at a compound annual growth rate of 6.10% during the course of projection period, as stated in a report by P&S Intelligence.
The organized category had a major share of revenue in the past. Various new car dealers are entering this sector and tempting clients with different…
Low Light Imaging Market To Reach USD 51,466 Million by 2030
The total revenue generated by the low light imaging market was USD 23,749 million in 2022, and it will power at a rate of 10.15% by the end of this decade, for touching USD 51,466 million by 2030, as stated by a report by a market research company, P&S Intelligence.
The growth of the industry is attributable to various factors such as the rising usage of such technology in cameras of…
Food Coating Ingredients Market Will Reach $6.87 Billion by 2030
The total value of the food coating ingredients market was $3.95 billion in 2021, and it will rise at a growth rate of 6.35 % in the future, to reach $6.87 billion by 2030.
The major reason for the growth of this industry is the increasing demand for processed and ready-to-eat food globally. Moreover, the snowballing demand for bakery products, confectionery products, and poultry and meat products is projected to…
Smart Water Meter Market Will Reach $15.63 Billion by 2030
The smart water meter market was valued at $6.96 billion in 2021, and it is set to reach $15.63 billion by 2030, growing at a CAGR of 9.4% between 2021 and 2030, according to a research report by a market research company P&S Intelligence.
This is mainly due to the fact that the utility businesses are concentrating on the reduction of non-revenue water, with the increasing consumption of water because…
Global NGS Sample Preparation Market Size, Growth, Development and Demand Foreca …
In 2021, the NGS sample preparation market size was $1,598.8 million, and with a compound annual growth rate of 14.7%, it is expected to reach $5,501.2 million in the next eight years.
The technological advancements in NGS platforms and rising frequency of genetic ailments causing an increase in the demand for DTC genetic testing are the significant drivers. Moreover, the surge in the cases of infectious diseases is positively impacting…
Global Infusion Pumps Market To Reach $27,133.7 Million By 2030 | CAGR 8.7%
The major drivers for the infusion pumps market include the rising geriatric population, advanced technology adoption, increasing prevalence of chronic diseases, and surging inclination toward home infusion treatments. Thus, in 2021, the market stood at $12,825.9 million, and it is expected to reach $27,133.7 million by 2030, at an 8.7% CAGR from 2021 to 2030. For instance, there will be at least 26 million cancer survivors in the U.S. by…
India EV Battery Swapping Market Will Reach USD 61.57 Million By 2030
The Indian EV battery swapping market was valued at USD 10.2 million in 2022, and this number is expected to reach USD 61.57 million by 2030, advancing at a CAGR of 25.20% during 2022-2030, according to P&S Intelligence. This can be credited to the decreased upfront prices for electrical vehicles and no wait time for charging.
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In 2022, the three-wheeler category generated the…
India Used Car Market Will Reach $99,707 Million by 2030
The Indian used car market was valued at $23,355.3 million in 2021, and it is set to reach $99,707 million by 2030, growing at a CAGR of 17.50% between 2021 and 2030, according to a research report by a market research company P&S Intelligence.
The growth of this industry is mainly ascribed to the growing internet usage, which makes information about used cars easily available. Furthermore, the increasing need for off-lease…
Electric Bus Market Is Expected To Reach 912,354 Sales Units by 2030
The requirement for electric buses is increasing as a result of actions and measures being taken by governments across Europe to reduce pollution. According to WHO data, air pollution causes up to 100,000 fatalities annually in Europe, reducing life expectancy by an average of one year.
Because of the risks associated with air pollution, governments in both developed and developing nations are working to reduce this threat. By pledging to electrify…
Rising Popularity of Cloud Solutions Fuel Demand for Data Science Platforms
The data science industry has garnered $92.4 billion revenue in 2021, and it is projected to rise at a rate of 25.4% from 2021 to 2030, to generate $708.8 billion revenue in 2030. It is led by the expansion of the big data technologies, including rising number of data analytic platforms in numerous industries.
In addition, the increasing data volume, and surging access to organizational data from various departments throughout…
Power Electronics Market Will Reach $56,269 Million by 2030
The power electronics market was valued at $38,522 million in 2021, and it is set to reach $56,269 million by 2030, growing at a CAGR of 4.3% between 2021 and 2030, according to a research report by P&S Intelligence.
This can be credited to the increasing infrastructure development, snowballing expenditure by consumers, high research and development spending, increasing requirement for energy-efficient items in 5G devices, automobiles, and data centers, and…
Global Breast Reconstruction Industry To Generate $1,018.6 Million by 2030 | CAG …
In 2021, the breast reconstruction market accounted for $584.7 million, which is expected to generate $1,018.6 million by 2030, growing at a 6.4% CAGR from 2021 to 2030. Furthermore, the German market holds the largest share of revenue in Europe, which is expected to expand at a 6.6% rate in the coming year. The increasing technical advancements, awareness of reconstructive methods, and growing incidences of breast cancer are all contributing…
Global Healthcare Facility Management Industry to Reach $180,397 million by 2030 …
According to P&S Intelligence, the healthcare facility management market was valued at $88,114 million in 2021, and it will advance by above 8% in the years to come, to reach $180,397 million by 2030. This is mainly attributed to the snowballing spending on healthcare infra development, booming usage of new technologies, increasing patient volume, increasing occurrence of chronic diseases and infections, and rising healthcare expenditures.
The requirement for support services is…
Flow Cytometry Industry Is Expected To Touch $10,065.4 Million by 2030 | CAGR 8. …
Flow cytometry is a method that measures and then analyses several physical properties of single particles, often cells. The relative size, granularity, and fluorescence intensity of a particle are among the characteristics that are assessed.
An optical-to-electronic coupling device measures these properties by observing how well the cell or particle scatters incoming laser and emits fluorescence. By 2030, it is predicted that the flow cytometry market will be worth $10,065.4…
Global Tangential Flow Filtration Industry Analysis, Leading Players, Growth and …
Major drivers in the global tangential flow filtration market are the benefits of tangential flow filtration in comparison to normal flow filtration, skyrocketing investments in R&D by the market players, and the biopharmaceutical sector development. From $1,237.6 million in 2021, the market is predicted to touch $3,667.2 million by 2030, growing at a 12.8% compound annual growth rate between 2021 and 2030. There is an influx of spending on R&D…
Electric Car Market Sales Is Projected To Reach 45 Million Units By 2030
In 2022, the electric car market registered a sale of 8.1 million units, and it is predicted to grow at a 23.8% CAGR, to reach 45 million units by 2030, as per P&S Intelligence.
In the past few years, electric vehicles have become a major area of attention for several automakers, such as General Motors, Ford Motors, and BMW AG. Moreover, the main factors that are driving the demand for battery…
Revolutionizing Mobility: The Business Potential of the Indian Electric Car Mark …
With the outbreak of the pandemic, there are various things that have become new normal. Whether it is the use of mask by people or the inclination toward online pharmacy, or the work from home model. One more thing that also adds to this list of new normal is the growing fondness of the people toward electric vehicles in the world and also in India.
With a big jolt to…
The U.S. Is Dominating the North America Electric Scooters and Motorcycles Marke …
The North American electric scooters and motorcycles market was valued at USD 620 million in 2022, and this number is expected to reach USD 2,348 million by 2030, advancing at a CAGR of 18.10% during 2022-2030, according to P&S Intelligence.
This development can be ascribed to supportive government initiatives, from both federal and state levels. To encourage the acceptance of electric vehicles, the government is offering tax rebates and subsidies…
European Energy Management System Market Will Reach USD 30,257 Million By 2030
The global European energy management system market was valued at 11,222 million in 2022, and this number is projected to reach USD 30,257 million by 2030, advancing at a CAGR of 13.20% during 2022-2030, according to P&S Intelligence.
The major factors driving the market are strict government rules and guidelines, electricity cost volatility, and the increasing acceptance of EMS in building automation. Furthermore, rapid industrialization, increasing economic development, and snowballing…
Global Surgical Instrument Tracking System Market Will Touch $627.4 Million by 2 …
In 2021, the surgical instrument tracking system market accounted for $209.1 million, and it is predicted to hit $627.4 million by 2030, growing at a 13.0% compound annual growth rate from 2021 to 2030. The technology improvements in healthcare, growing demand for inventory management procedures and UDI standards, and increase in surgical procedures worldwide are all factors contributing to the market growth.
One of the main factors fueling the expansion of…
Global Electrophysiology Industry To Generate $17,482.7 Million Revenue by 2030 …
The incidence of cardiac arrhythmias has become so high that new technologies must be included in the production of electrophysiological devices. The widespread use of minimally invasive electrophysiology therapy has been made possible by requiring highly precise and regulated cardiac diagnostic and ablation methods.
Additionally, interventionalists are now using disposable catheters for intermittent cardiac procedures since they are more sterile, safe, and affordable.
With the arrival of cutting-edge electrophysiological technologies, an increase…
Endoscopic Retrograde Cholangiopancreatography Market Share, Growth and Forecast …
In 2021, the endoscopic retrograde cholangiopancreatography market valued at $1,270.9 million, and it is expected to grow at a rate of 8.1% from 2021 to 2030, to hit the $2,557.7 million value by 2030. It is attributed to the growing prevalence of pancreatic disorders in the geriatric population and the increased adoption of minimally invasive procedures. The rise in medical reimbursements is also driving the market. For example, the average…
Global Endoscope Reprocessing Market To Advance at a Growth Rate of around 10%
The size of the endoscope reprocessing market at around $1,880 million in 2021, which is expected to reach about $4,358 million by 2030, advancing at a growth rate of about 10% in the years to come. This is due to the rising inclination toward MIS procedures, the propagating risk of numerous infections related to soiled endoscopes, and the surging strict government regulations spanning all around the globe to control these…
Hybrid Electric Car Market is Dominated by Full Hybrids
With an increase in population and the income of the people, the number of vehicles on the roads globally are also increasing like anything. Vehicular pollution has long been a global issue, and it is continuing to be the same. Addressing that, people have started looking for options that can substitute the burning of fossil fuels in vehicles.
Most of the overall sales and the increase in the sales will…
Carsharing Market Will Touch USD 9,957 Million by 2030
The global carsharing market was valued at USD 6,395 million in 2022, and this number is projected to reach USD 9,957 million by 2030, advancing at a CAGR of 5.7% during 2022-2030, according to P&S Intelligence.
The market is majorly driven by the lucrative and suitable mobility service, the government guidelines motivating the acceptance of carsharing programs, and the rising concerns over emissions of carbon.
To receive free…
The Future of Electric Rickshaws is Really Promising in India
Talking about the emergence of e-rickshaws in India, they first hurled on the Indian roads, over a decade ago in 2011. Since then, there has only been an increase in the number of e-rickshaws on Indian roads.
The popularity of these vehicles has increased immensely all over India, thanks to their ability to carry 4-5 passengers comfortably over a short distance, rather economically, and the most notable factor is that,…
Encoder Market To Touch USD 4,888 Million by 2030
As per a research report by P&S Intelligence, the total size of the encoder market was USD 2,435 million in 2022, and it will propel at a rate of 9.10% by the end of this decade, to reach USD 4,888 million by 2030.
Rotary encoders had a major share, of revenue, of approximately 58%, in the past. This has a lot to do with the increasing industrial automation across several…
Network Attached Storage Market To Reach USD 63,151 Million by 2030
As per a statement by P&S Intelligence, the total revenue of the global network attached storage market was USD 22,850 million in 2022, and it will grow at a rate of 13.55% in the years to come, to touch USD 63,151 million by 2030.
The on-premises category will have the largest share. This mode of deployment lets companies store all the important data on their servers, ensuring improved information security and…
Global Digital Biomarkers Industry To Propel at a Mammoth Growth Rate of AROUND …
In 2021, the size of the digital biomarkers market was about $1,851 million, and it will advance at a growth rate of about 32% in the coming years, to reach over $21,986 million by 2030. The high incidence of chronic diseases, along with the technical developments in digital healthcare systems, is expanding the market expansion.
Digital biomarkers are the basis of precision medicine since they provide concrete evidence of patient…
Cardiac Biomarkers Industry Analysis, Leading Players, Growth, Development and D …
In 2021, the cardiac biomarkers industry contributes $8,459.6 million, and it is projected to rise at a rate of 10.5%, to capture $20,718.8 million revenue in 2030. It is led by the rising prevalence of acute coronary syndrome, increasing point-of-care testing kit demand, and technological advancements in the industry.
Moreover, the surging investments in biomarker research, increasing CVDs incidences, and rising geriatric population are projected to boost the industry growth.…
Automotive OTA Updates Market Was Dominated by North America
As per a report by P&S Intelligence, the total size of the automotive OTA updates market was USD 3,315.8 million in 2022, and reaching USD 13,959.5 million by 2030, powering at a rate of 19.7% by the end of this decade.
This allows for the provision of critical info, including the location of fuel and alleging stations and battery and status of charging, furthermore for easing remote diagnosis for all kinds…
LED Driver Market Is on Track to Reaching $62,147.8 Million by 2030
An LED driver is a standalone power source that controls the power needed for a single LED or an array of LEDs since light-emitting diodes require specific power sources since they are low-energy lighting technologies with long longevity and low energy consumption.
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The LED driver market will hit a $62,147.8 million value by 2030. This is credited to the growing manufacturing and usage…
