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Press Releases from MarketsandMarkets (7387 total)

Next-Generation Solar Cell Market Set to Grow at the Fastest Rate- Time to Grow …

The next-generation solar cell market was valued at USD 3.0 billion in 2023 and is projected to reach USD 7.4 billion by 2028, growing at a CAGR of 19.5% from 2023 to 2028. The surging demand for renewable energy is one of the major opportunities in the market. https://www.marketsandmarkets.com/Market-Reports/next-generation-solar-cell-market-94742566.html The utility segment held the largest market share in 2022, and a similar trend is expected to be observed during the

Calcite Market worth $13.0 billion by 2024 | Key players Imerys S.A. (France), O …

According to recent market research the "Calcite Market by Type (GCC, PCC), Application (Paper, Paints & Coatings, Construction, Plastics, Adhesives & Sealants), and Region (North America, Europe, Asia Pacific, Middle East & Africa, and South America) - Global Forecast to 2024" In terms of value, the global calcite market size is estimated to be USD 10.1 billion in 2019 and projected to reach USD 13.0 billion by 2024, growing at

Corrosion Inhibitors Market worth $10.1 billion by 2026 | Key players Solenis (U …

According to recent market research the "Corrosion Inhibitors Market by Compound(Organic, Inorganic), Type(Water Based, Oil Based and VCI), Application, End-Use (Power Generation, Oil & Gas, Metal & Mining, Pulp & Paper, Utilities, Chemical), and Region - Global Forecast to 2026", size is projected to grow from USD 7.9 billion in 2021 to USD 10.1 billion by 2026, at a CAGR of 4.9% between 2021 and 2026. Corrosion inhibitor is a

Industrial Fabric Market worth $162.9 billion by 2025 | Key players Forbo Intern …

According to recent market research the "Industrial Fabric Market by Fiber Type (Polyamide, Polyester, Aramid, Composite, and Others), Applications (Conveyor Belt, Transmission Belt, Protective Apparel, Automotive Carpet, Flame Resistance Apparel, and Others), Region - Global Forecast to 2025" The global industrial fabric market size is expected to grow from USD 108.3 billion in 2020 to USD 162.9 billion by 2025, at a CAGR of 8.5% during the forecast period. Industrial

Motor Monitoring Market is Projected to Reach $3.5 billion by 2028 | Leading key …

According to a research report "Motor Monitoring Market by Offering, Deployment, Monitoring Process, End-use (Metals and Minings, Oil and Gas, Power Generation, Water and Wastewater, Food and Beverages, Chemicals, Automotive, Aerospace and Defense) and Region - Global Forecast to 2028" published by MarketsandMarkets, the Motor monitoring market is projected to reach USD 3.5 billion by 2028 from an estimated USD 2.3 billion in 2023, at a CAGR of 8.7% during

Surge Arrester Market Projected to Reach $1.9 Billion by 2025

The global Surge Arrester Market is expected to grow from an estimated USD 1.5 billion in 2020 to USD 1.9 billion by 2025, at a CAGR of 4.9% during the forecast period. The rising demand for electricity in APAC and the growing focus of on increasing renewable energy installed capacity are encouraging utilities to invest in the electricity transmission and distribution networks, as well as in electrification projects. These

Cellulose Acetate Market worth $6.3 billion by 2026 | Key players Eastman chemic …

According to recent market research the "Cellulose Acetate Market by Type (Fiber, Plastic), Application (Cigarette Filters, Textiles & Apparel, Photographic Films, Tapes & Labels), and Region (North America, Europe, APAC, MEA, & South America) - Global Forecast to 2026" The cellulose acetate market size is projected to reach USD 6.3 billion by 2026, at a CAGR of 4.7%, during the forecast period. Owing to an increase in number of smokers,

Dimethylformamide (DMF) Market worth $2.7 billion by 2027 | Key players Shandong …

According to recent market research the "Dimethylformamide (DMF) Market by Type (Reactant and Feedstock), End-use industries (Chemicals, Electronics, Pharmaceutical, and Agrochemical), and Region (Asia Pacific, Europe, North America, Europe, MEA and South America) - Global Forecast to 2027" published by MarketsandMarkets, the DMF market is projected to grow from USD 2.3 billion in 2022 to USD 2.7 billion by 2027, at a CAGR of 3.2% between 2022 and 2027. Growing

Steel Wire Rope & Plastic Rope Market worth $17.5 billion by 2026 | Key players …

According to recent market research the "Steel Wire Rope & Plastic Rope Market by Type of Lay (Regular Lay, Lang Lay), Material Type (PP, PET, Nylon, HMPE, Specialty fibres), Application (Marine & Fishing, Sports & Leisure, Oil & Gas, Industrial & Crane) Region - Global Forecast to 2026", size is expected to grow from USD 11.9 billion in 2021 to USD 17.5 billion by 2026, at a CAGR of 8.0%

Diesel Engines Market Projected to Reach $78.8 Billion by 2028

The global Diesel Engines Market is projected to reach USD 78.8 billion in 2028 from USD 63.9 billion in 2023 at a CAGR of 4.3% according to a new report by MarketsandMarkets™. The market growth has been attributed to the growing demand for commercial vessels, which will anticipate maritime tourism, and will eventually drive the demand for diesel engines used in the marine industry. Power Generation is expected to be

Directed Energy Weapons Market Set to Grow at the Fastest Rate- Time to Grow you …

The report on the directed energy weapon market provides an analysis of the market from 2019 to 2027. It discusses industry and technology trends currently prevailing in the market, along with drivers, restraints, challenges, and opportunities that influence the growth of the market. The directed energy weapon market is projected to grow from USD 5.3 Billion in 2022 to USD 12.9 Billion by 2027, at a CAGR of 19.6% from

AR and VR Display Market Projected to reach $8.2 billion by 2028

The AR and VR display market is projected to grow from USD 1.8 billion in 2023 to USD 8.2 billion by 2028; it is expected to grow at a CAGR of 35.6% from 2023 to 2028. The key factors fueling the growth of this market include growing adoption of AR and VR HMDs in different industries, adoption of AR and VR devices in gaming industry, growing adoption of AR and

With 38.6% CAGR, Exoskeleton Market Growth to Surpass USD 3.7 billion

The global exoskeleton market size is expected to grow from USD 0.7 billion in 2023 to USD 3.7 billion by 2028, at a CAGR of 38.6%. The growth of the market is attributed to the rising demand for exoskeletons from the healthcare vertical as well as higher investments of manufacturers in the development of exoskeleton technology. However, regulatory challenges in securing approvals for medical applications of exoskeletons is restraining the

Gelcoat Market worth $1,808 million by 2025 | Key players HK Research Corporatio …

According to recent market research the "Gelcoat Market by Resin Type (Polyester, Vinyl Ester, Epoxy, and Others), End-use Industry (Marine, Transportation, Wind-Energy, Construction, and Others), and Region - Global Forecast to 2025", size is expected to grow from USD 974 million in 2020 to USD 1,808 million by 2025, at a CAGR of 13.2% during the forecast period. Composites are increasingly used in the marine, transportation wind energy, construction, and

Rising at 9.4% CAGR, Large-scale Natural Refrigerant Heat Pump Market Size to Hi …

According to a new market research report "Large-scale Natural Refrigerant Heat Pump Market by Refrigerants (Ammonia (R717), Carbon Dioxide (R744), Hydrocarbons), Capacity (20-200 kW, 200-500 kW, 500-1,000 kW, Above 1,000 kW), End Use (Commercial, Industrial), Region - Global Forecast to 2027", is projected to reach USD 9.1 billion by 2027 from an estimated market size of USD 5.8 billion in 2022, at a CAGR of 9.4% during the forecast period.

Carbon Fiber Prepreg Market worth $18.9 billion by 2027 | Key players Mitsubishi …

According to recent market research the "Carbon Fiber Prepreg Market by Resin Type (Epoxy, Phenolic, Thermoplastic, BMI, Polyimide), Manufacturing Process (Hot Melt, Solvent Dip), End-use Industry (Aerospace & Defense, Automotive, Sports & Recreation, Wind Energy) - Global Forecast to 2027", The global carbon fiber prepreg market size is expected to grow from USD 9.7 billion in 2022 to USD 18.9 billion by 2027, at a CAGR of 14.2% during the

Electric Vehicle Insulation Market worth $4.2 billion by 2024 | Key players BASF …

According to recent market research the "Electric Vehicle Insulation Market by Product Type (TIM, Foamed Plastic, Ceramic), Application (Under the Bonnet & Battery Pack, Interior), Propulsion Type (BEV, PHEV), Insulation Type (Thermal, Electrical, Acoustic) and Region - Global Forecast to 2024" The electric vehicle insulation market is estimated to be USD 1.3 billion and is projected to reach USD 4.2 billion by 2024, at a CAGR of 26.7% during the

MarketsandMarkets Unveils Comprehensive Global Semiconductor Industry Outlook 20 …

The Global Semiconductor Industry Outlook for 2024 is set to furnish projections on the semiconductor industry's performance, encompassing discrete semiconductors, optoelectronics, sensors, and integrated circuits, including analog, micro, logic, and memory. To achieve this, the report will analyze the industry's 2023 performance compared to 2022, highlighting pivotal developments in the semiconductor landscape during 2023. https://www.marketsandmarkets.com/Market-Reports/global-semiconductor-industry-outlook-2024-201471467.html Furthermore, it will delve into the key trends in 2024 that are poised to influence the semiconductor

Multispectral Camera Market Projected to reach $2.2 billion by 2028

This report analyzes the multispectral camera market from 2023 to 2028. It discusses various industry and technology trends currently prevailing in the multispectral camera market along with the factors that drive, restrain, and challenge the market growth globally. The multispectral camera market is estimated to be USD 1.4 billion in 2023 and is projected to reach USD 2.2 billion by 2028, at a CAGR of 9.0% from 2023 to

Ethernet Connector and Transformer Market Set to Grow at the Fastest Rate- Time …

The global Ethernet connector & transformers market is estimated to be valued at USD 940 million in 2023 and is expected to reach USD 1,294 million by 2028, at a CAGR of 6.6% from 2023 to 2028. Ethernet connectors are vital components of network communication equipment. They are attached at the end of an Ethernet cable plugged into the routers, TVs, computers, laptops, etc. These are generally used to manage

With 21.5% CAGR, AI In Computer Vision Market Growth to Surpass USD 45.7 billion

The global AI in computer vision market is expected to be valued at USD 17.2 billion in 2023 and is projected to reach USD 45.7 billion by 2028; it is expected to grow at a CAGR of 21.5% from 2023 to 2028. Automatic extraction, analysis, and understanding of data from a single image or a sequence of images is known as artificial intelligence-based computer vision. In recent years, computer vision

Composites In Oil & Gas Industry Market worth $3.4 billion by 2028 | Key players …

According to recent market research the "Composites In Oil & Gas Industry Market by Resin Type (Epoxy, Composites, Polyester, Phenolic), Fiber Type (Carbon, Glass,), Application (Pipes, Tanks, Top Side Applications, Pumps & Compressors), and Region - Global Forecasts to 2028", is estimated at USD 2.3 billion in 2022 and is projected to reach USD 3.4 billion by 2028, at a CAGR of 6.1% from 2023 to 2028. Factors such as

3D Printing High Performance Plastic Market worth $362 million by 2028 | Key pla …

According to recent market research the "3D Printing High Performance Plastic Market by Type (PA, PEI, PEEK & PEKK, Reinforced HPP), Form (Filament & Pellet, Powder), Technology (FDM/FFF, SLS), Application, End-Use industry, and Region - Global Forecasts to 2028", is estimated at USD 123 million in 2023 and is projected to reach USD 362 million by 2028, at a CAGR of 24.0% from 2023 to 2028. The robust medical &

Diaphragm Pumps Market Forecast to Surpass $7.6 billion by 2027 with a CAGR of 4 …

According to a new market research report, the global diaphragm pumps market is expected to grow from an estimated USD 6.1 billion in 2022 to USD 7.6 billion by 2027, at a CAGR of 4.5% during the forecast period. The growth of water and wastewater treatment industry and the spurt in oil & gas activities are main drivers for the diaphragm pumps market. Growth in pharmaceutical industry is expected to

Transformer Monitoring Market worth $3.7 Billion by 2028

The Transformer Monitoring Market is expected to reach USD 3.7 billion by 2028 from USD 2.4 billion in 2023 at a CAGR of 9.1% during the 2023-2028 period according to a new report by MarketsandMarkets™. Transformer monitoring is critical for guaranteeing power transformer reliability and performance. It enables real-time monitoring of critical factors like temperature, oil condition, and electrical parameters. Early diagnosis of possible problems allows for initiative-taking maintenance, reduces

C4ISR Market Set to Grow at the Fastest Rate- Time to Grow your Revenue

The C4ISR market is projected to grow from USD 113.4 Billion in 2022 to USD 154.0 Billion by 2028, at a CAGR of 5.2% during the forecast period The increased demand for carrying out surveillance activities along conflict areas, the rising defense expenditure of emerging economies, the increasing incidence of terror attacks, and the growing number of ongoing intercountry conflicts have led to the growth of the C4ISR market across

With 33.3% CAGR, Artificial Intelligence (AI) in Military Market Growth to Surpa …

This report analyzes the AI in military market from 2023 to 2028. It discusses various industry and technology trends currently prevailing in the AI in military market along with the factors that drive, restrain, and challenge market growth globally. The AI in military market is projected to grow from USD 9.2 billion in 2023 to 38.8 billion by 2028, at a CAGR of 33.3%. Factors such as the

Control Valve Market Poised for Remarkable Growth, Projected to Reach USD 10.6 B …

The global control valve market is set to experience substantial growth, with a projected valuation of USD 10.6 billion by 2025, growing at an impressive Compound Annual Growth Rate (CAGR) of 14.2% during the forecast period. This significant expansion is highlighted in the latest report by MarketsandMarkets, a leading market research firm recognized for its comprehensive analyses of process control technologies. https://www.marketsandmarkets.com/Market-Reports/control-valves-market-111759647.html Key Segments: The control valve market is segmented into key categories,

Robot End Effector Market Gears Up for Significant Growth, Projected to Reach US …

The global robot end effector market is poised for substantial growth, with an anticipated increase from USD 2.3 billion in 2023 to USD 4.3 billion by 2028, at an impressive Compound Annual Growth Rate (CAGR) of 13.5%. This robust expansion is highlighted in the latest report by MarketsandMarkets, a leading market research firm recognized for its comprehensive analyses of robotics and automation technologies. https://www.marketsandmarkets.com/Market-Reports/robot-end-effector-market-251736819.html Key Segments: The robot end effector market is segmented

5G Chipsets Market Accelerates, Projected to Reach USD 81.03 Billion by 2028, at …

The global 5G chipsets market is witnessing unprecedented growth, with an estimated valuation of USD 36.29 billion in 2023, projected to soar to USD 81.03 billion by 2028. This significant expansion reflects a remarkable Compound Annual Growth Rate (CAGR) of 17.4% during the forecast period, according to the latest report by MarketsandMarkets, a leading market research firm recognized for its comprehensive analyses of telecommunications and semiconductor technologies. https://www.marketsandmarkets.com/Market-Reports/5g-chipset-market-150390562.html Key Segments: The 5G chipsets

LED Packaging Market Set for Substantial Growth, Projected to Reach USD 22.1 Bil …

The global LED packaging market is poised for significant growth, with a projected increase to USD 22.1 billion by 2026, at a steady Compound Annual Growth Rate (CAGR) of 4.6% during the forecast period. This expansion is highlighted in the latest report by MarketsandMarkets, a leading market research firm recognized for its comprehensive analyses of semiconductor and lighting technologies. https://www.marketsandmarkets.com/Market-Reports/led-packaging-market-217522990.html Key Segments: The LED packaging market is segmented into key categories, providing a

HVAC Insulation Market worth $7.4 Billion by 2027 | Key players Knauf Insulation …

According to recent market research the "HVAC Insulation Market by Product Type (Pipes And Ducts), Material Type (Mineral Wool And Plastic Foam), End Use (Commercial, Residential And Industrial), And Region (North America, Europe, APAC, South America, & MEA) - Global Forecast to 2027", The global market size for HVAC Insulation is estimated USD 5.8 Billion in 2022 and is projected to reach USD 7.4 Billion by 2027, at a CAGR

Acrylate Market worth $14.7 Billion by 2028 | Key players Arkema S.A. (France), …

According to recent market research the "Acrylate Market by Chemistry, Application (Paints & Coatings, Plastics, Adhesives & Sealants, Fabrics), End-use Industry (Building & Construction, Packaging, Consumer Goods, Automotive, Textiles, Biomedical), & Region - Global Forecast to 2028", The acrylate market is projected to reach USD 14.7 Billion by 2028, at a CAGR of 6.4% from USD 10.8 Billion in 2023. The acrylate market is mainly driven by the demand for

Artificial Lift Market Projected to Reach $9.0 Billion by 2028

The global Artificial Lift Market is projected to reach USD 9.0 billion in 2028 from USD 7.3 billion in 2023 at a CAGR of 4.4%. Artificial lift comprises techniques in the oil and gas sector to boost hydrocarbon production from wells with insufficient natural pressure. Employed when reservoir pressure is inadequate, methods like rod lift systems, electric submersible pumps, gas lift, and hydraulic pumping enhance flow rates. These mechanisms enable

Oil and Gas Pumps Market is Projected to Reach $10.9 billion by 2028 | Leading k …

According to a research report "Oil and Gas Pumps Market by Type (Submersible, Non-submersible), Pump Type (Centrifugal, Positive Displacement (Screw, Reciprocating, Progressive Cavity), Cryogenic), Application (Upstream, Midstream, Downstream) and Region - Global Forecast to 2028" published by MarketsandMarkets, the global oil and gas pumps market is projected to reach USD 10.9 billion by 2028 from an estimated USD 8.7 billion in 2023, at a CAGR of 4.7% during the forecast

Soldier Systems Market Set to Grow at the Fastest Rate- Time to Grow your Revenu …

The soldier system market is projected to grow from USD 10.4 Billion in 2022 to USD 12.8 Billion by 2027, at a CAGR of 4.4% during the forecast period. The overall soldier system market is projected to grow between 2022 and 2027 due to consumer preference for sophisticated gadgets, increasing growth prospects of next-generation displays and integrated soldier systems, the rising popularity of wearable fitness and medical devices, and the

With 14.5% CAGR, Full-Body Scanners Market Growth to Surpass USD 302 Million

The Full-body scanners market report provides an analysis of the market from 2022 to 2027. It discusses the industry and technology trends that are currently prevailing in the Full-body scanners market, along with the drivers, restraints, challenges, and opportunities. The Full-Body Scanners Market is projected to grow from USD 153 million in 2022 to USD 302 million by 2027, at a CAGR of 14.5% during the forecast period. Increase in

Artificial Intelligence in Manufacturing Market Surges, Projected to Reach USD 2 …

The global artificial intelligence in manufacturing market is experiencing remarkable growth, with an estimated valuation of USD 3.2 billion in 2023, anticipated to reach USD 20.8 billion by 2028. This substantial expansion reflects an impressive Compound Annual Growth Rate (CAGR) of 45.6% during the forecast period, according to the latest report by MarketsandMarkets, a leading market research firm recognized for its comprehensive analyses of advanced technologies. https://www.marketsandmarkets.com/Market-Reports/artificial-intelligence-manufacturing-market-72679105.html Key Segments: The artificial intelligence in

Underfloor Heating Market Set for Substantial Growth, Projected to Reach USD 7.4 …

The global underfloor heating market is poised for significant growth, with an expected increase from USD 5.1 billion in 2023 to USD 7.4 billion by 2028. This substantial expansion reflects a robust Compound Annual Growth Rate (CAGR) of 7.5%, according to the latest report by MarketsandMarkets, a leading market research firm recognized for its comprehensive analyses of heating and ventilation technologies. https://www.marketsandmarkets.com/Market-Reports/underfloor-heating-market-167464533.html Key Segments: The underfloor heating market is segmented into key categories,

Industrial Safety Market Gains Traction, Projected to Reach USD 8.8 Billion by 2 …

The global industrial safety market is on a trajectory of significant growth, with a projected increase to USD 8.8 billion by 2027, growing at a robust Compound Annual Growth Rate (CAGR) of 6.8%. This substantial expansion reflects the increasing emphasis on workplace safety and the adoption of advanced technologies to mitigate industrial risks, according to the latest report by MarketsandMarkets, a leading market research firm recognized for its comprehensive analyses

Automated Passenger Counting and Information System Market Accelerates, Projecte …

The global automated passenger counting and information system market is poised for significant growth, with an expected increase from USD 8.0 billion in 2022 to USD 12.5 billion by 2027. This substantial expansion reflects a robust Compound Annual Growth Rate (CAGR) of 9.4%, according to the latest report by MarketsandMarkets, a leading market research firm known for its comprehensive analyses of transportation technologies. https://www.marketsandmarkets.com/Market-Reports/automatic-passenger-counting-information-system-market-17856390.html Key Segments: The automated passenger counting and information system

Urinalysis Market worth $5.7 billion by 2027

Urinalysis Market in terms of revenue was estimated to be worth $3.9 billion in 2022 and is poised to reach $5.7 billion by 2027, growing at a CAGR of 8.1% from 2022 to 2027 according to a new report by MarketsandMarkets™. Development of new diagnostic products and, government support boosting the market. Emerging economies such as India and Japan are providing lucrative opportunities for the players operating in the urinalysis

Future of Hydrogen in Automotive worth 1,280 thousand Units by 2035

The Future of Hydrogen in Automotive is expected to reach 1,280 thousand Units by 2035 from 20 thousand Units in 2022 at a CAGR of 37.6% during the 2022-2035 period according to a new report by MarketsandMarkets™. While battery-electric vehicles (BEVs) have gained rapid traction in recent years, hydrogen offers several advantages. Hydrogen fuel cell vehicles (FCEVs) are particularly suited for large sized vehicles, such as trucks and buses,

Composite Repair Market worth $34.2 billion by 2028 | Key players Lufthansa Tech …

According to recent market research the "Composite Repair Market by Type (Structural, Semi-Structural, Cosmetic), Process (Hand Lay-Up, Vacuum Infusion, Autoclave), End-Use Industry (Aerospace & Defense, Wind Energy, Automotive & Transportation, Marine), and Region - Global Forecast to 2028", is estimated at USD 18.6 billion in 2023 and is projected to reach USD 34.2 billion by 2028, at a CAGR of 13.0% from 2023 to 2028. The increasing use of composite

Tile Adhesives & Stone Adhesives Market worth $7.0 billion by 2027 | Key players …

According to recent market research the "Tile Adhesives & Stone Adhesives Market by Chemistry (Cementitious and Epoxy), Construction Type (New Construction and Repairs & Renovation), End Use (Residential, Commercial, and Institutional) and Region - Global Forecast to 2027" The global tile & stone adhesives market size is projected to grow from USD 4.7 billion in 2022 to USD 7.0 billion by 2027, at a CAGR of 8.0%. Market growth is

Hydrogen Energy Storage Market Anticipated to Reach $196.8 billion by 2028, Witn …

According to a new market research report, the global hydrogen energy storage market is projected to reach USD 196.8 billion by 2028 from an estimated USD 11.4 billion in 2023, at a CAGR of 76.8% during the forecast period. The rising safety concerns, increasing focus on renewable energy, and the growing demand for electricity is driving the growth of the hydrogen energy storage market. Key Market Players: Due to their strong supply

In Vitro Toxicology Testing Market Worth $17.1 billion | MarketsandMarkets

In Vitro Toxicology Testing Market in terms of revenue was estimated to be worth $10.8 billion in 2023 and is poised to reach $17.1 billion by 2029, growing at a CAGR of 9.5% from 2023 to 2029 according to a new report by MarketsandMarkets. Technological advancements taking place in assays and equipment being used for such studies, along with the increasing R&D expenditure to undertake toxicity studies during the early

Veterinary Diagnostic Market worth $5.0 billion by 2029

Veterinary Diagnostic Market in terms of revenue was estimated to be worth $3.3 billion in 2023 and is poised to reach $5.0 billion by 2029, growing at a CAGR of 7.1% from 2023 to 2029 according to a new report by MarketsandMarkets. Early disease detection and ease of decision-making leading to improved treatment planning are advantages of the veterinary diagnostics market. Factors such as increased diagnostic testing for animals such

Cardiac Marker Testing Market worth $6.9 billion by 2028

Cardiac Marker Testing Market in terms of revenue was estimated to be worth $4.4 billion in 2023 and is poised to reach $6.9 billion by 2028, growing at a CAGR of 9.4% from 2023 to 2028 according to a new report by MarketsandMarkets. The expansion of the cardiac marker testing market is propelled by several synergistic factors, including increasing demand for early diagnosis of cardiovascular diseases, escalating cardiovascular diseases prevalence,

Biopsy Devices Market worth $12.6 billion by 2028

Biopsy Devices Market in terms of revenue was estimated to be worth $6.6 billion in 2023 and is poised to reach $12.6 billion by 2028, growing at a CAGR of 14.0% from 2023 to 2028 according to a new report by MarketsandMarkets. The major factors driving the growth of this market include Progress in medical technology has resulted in the creation of increasingly accurate and less invasive biopsy instruments, thereby

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