Press Releases from MarketsandMarkets (7335 total)
Cellular Glass Market worth $618 million by 2025 | Key players Atlas Owens Corni …
According to recent market research the "Cellular Glass Market by Product Type (Blocks And Shells, And Foam Glass Gravels), Application (Construction, Industrial, and Consumer Abrasive), and Region (North America, Europe, Asia-Pacific, Rest of World) - Global Forecast to 2025" The global cellular glass market size is projected to reach USD 618 million by 2025 from the estimated USD 520 million in 2020 at a CAGR of 3.5% between 2020…
Optical Film Market worth $30.2 billion by 2024 | Key players LG Chem, Ltd. (Sou …
According to recent market research the "Optical Film Market by Film Type (Polarizing Film, Backlight Unit Film, ITO Film), Application (Television, Desktop Monitors & Laptops, Smartphones & Tablets, Signage/Large Format display, Automotive Display), Region-Global Forecast to 2024" The optical film market is expected to grow from USD 21.5 billion in 2019 to USD 30.2 billion by 2024, at a CAGR of 7.0% during the forecast period. The major factor driving…
Medical Equipment Maintenance Market worth $80.7 billion | GE Healthcare Technol …
Medical Equipment Maintenance Market in terms of revenue was estimated to be worth $48.8 billion in 2023 and is poised to reach $80.7 billion by 2028, growing at a CAGR of 10.6% from 2023 to 2028 according to a new report by MarketsandMarkets™. Factors such as growth in the associated equipment markets, rising focus on preventive medical equipment maintenance, increasing purchase of refurbished medical systems, and adoption of innovative funding…
Blood Screening Market Size, Share, Trends and Revenue | F. Hoffmann-La Roche Lt …
Blood Screening Market in terms of revenue was estimated to be worth $2.4 billion in 2023 and is poised to reach $3.4 billion by 2028, growing at a CAGR of 7.2% from 2023 to 2028 according to a new report by MarketsandMarkets™. Growth in this market is mainly driven by the growing requirement for donated blood, the rising number of blood donations around the world, and the ever-increasing infectious diseases.…
Respiratory Care Devices Market worth $31.8 billion by 2028 | Koninklijke Philip …
Respiratory Care Devices Market in terms of revenue was estimated to be worth $21.8 billion in 2023 and is poised to reach $31.8 billion by 2028, growing at a CAGR of 7.8% from 2023 to 2028 according to a new report by MarketsandMarkets™. Growth in this market can primarily be attributed to the Focus on improving patient outcomes and rising R&D investments resulting in technologically advanced devices. Respiratory therapists use…
Diagnostic Imaging Services Market Growth Drivers | Siemens Healthineers (German …
Diagnostic Imaging Market in terms of revenue was estimated to be worth $26.5 billion in 2023 and is poised to reach $34.6 billion by 2028, growing at a CAGR of 5.5% from 2023 to 2028 according to a new report by MarketsandMarkets™. The major factors driving the growth of this market include the launch of technologically advanced products by the key players and increasing prevalence of chronic diseases.
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Biotechnology Contract Manufacturing Market worth $24.8 billion | MarketsandMark …
Biotechnology Contract Manufacturing Market in terms of revenue was estimated to be worth $16.6 billion in 2023 and is poised to reach $24.8 billion by 2028, growing at a CAGR of 8.3% from 2023 to 2028 according to a new report by MarketsandMarkets™. The growth of this market is driven by the rising demand for biologics and biosimilars, increasing outsourcing of biologics manufacturing among biopharmaceutical companies, growing focus on personalized…
Nucleic Acid Isolation and Purification Market Worth $9.4 billion | Thermo Fishe …
Nucleic Acid Isolation and Purification Market in terms of revenue was estimated to be worth $6.4 billion in 2023 and is poised to reach $9.4 billion by 2028, growing at a CAGR of 8.1% from 2023 to 2028 according to a new report by MarketsandMarkets. Factors responsible for the growth of this market include technological advancements, growing research & development activities, and growing automation. Opportunities such as emerging economies are…
MRI Systems Market Size, Share, Trends and Revenue | Siemens Healthineers (Germa …
MRI Systems Market in terms of revenue was estimated to be worth $5.2 billion in 2023 and is poised to reach $6.6 billion by 2028, growing at a CAGR of 5.0% from 2023 to 2028 according to a new report by MarketsandMarkets. The major factors driving the growth of this market include the launch of technologically advanced products by the key players and rising demand for early diagnosis. Recent technological…
Temperature Monitoring Systems Market Revenue Forecast | 3M Company (US), GE Hea …
Temperature Management Systems Market in terms of revenue was estimated to be worth $3.0 billion in 2023 and is poised to reach $3.9 billion by 2028, growing at a CAGR of 4.9% from 2023 to 2028 according to a new report by MarketsandMarkets. Growth in the temperature management systems market is mainly driven by the increasing prevalence of chronic and infectious diseases, the rising number of surgical procedures, and the…
Gene Therapy Market Size, Share, Trends and Revenue | Novartis AG (Switzerland), …
Gene Therapy Market in terms of revenue was estimated to be worth $9.0 billion in 2023 and is poised to reach $23.9 billion by 2028, growing at a CAGR of 21.4% from 2023 to 2028 according to a new report by MarketsandMarkets. The rising number of product approvals followed by growing focus on genomic research focused on development of novel therapeutics including gene therapies against critical indications, are the factors…
Global RFID Market Report, Industry Size, Share, Statistics & Growth 2032
The RFID market stands at the forefront of the Internet of Things (IoT) revolution, with its applications spanning across industries like retail, healthcare, logistics, and manufacturing. According to a comprehensive report by MarketsandMarkets, the global RFID market size is projected to reach USD 40.9 billion by 2032 from USD 15.8 billion in 2023; it is expected to grow at a CAGR of 11.1% from 2023 to 2032. This growth is…
Horticulture Lighting Market Poised for Remarkable Growth, Estimated To Reach US …
The global Horticulture Lighting Market in terms of revenue was estimated to be worth $3.7 billion in 2023 and is poised to reach $10.4 billion by 2028, growing at a CAGR of 22.4% during the forecast period.
The global Horticulture Lighting Market is set for substantial expansion, with projections indicating a rise from USD 3.7 billion in 2023 to an estimated USD 10.4 billion by 2028, representing an impressive Compound Annual…
In Vitro Toxicology Testing Market Global Forecast to 2028 | Thermo Fisher Scien …
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…
Cardiac Marker Testing Market Size and Forecast | F. Hoffmann-La Roche AG (Switz …
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,…
Cardiac Marker Testing Market Size and Forecast | F. Hoffmann-La Roche AG (Switz …
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 | Becton, Dickinson and Company (U.S.) …
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…
Artificial Intelligence (AI) in Medical Diagnostics Market Worth $3.7 billion | …
Artificial Intelligence (AI) in Medical Diagnostics Market in terms of revenue was estimated to be worth $1.3 billion in 2023 and is poised to reach $3.7 billion by 2028, growing at a CAGR of 23.2% from 2023 to 2028 according to a new report by MarketsandMarkets. Growth in this market is majorly driven by the accessibility of funding for AI-based startups, and the mounting number of cross-industry partnerships & collaborations.
However,…
Research Antibodies & Reagents Market Worth $16.2 Billion | Abcam plc (UK), Cell …
Research Antibodies & Reagents Market in terms of revenue was estimated to be worth $11.8 Billion in 2023 and is poised to reach $16.2 Billion by 2028, growing at a CAGR of 6.5% from 2023 to 2028 according to a new report by MarketsandMarkets™. The rise in outsourcing is a positive development for the research antibodies and reagents market. By outsourcing the development and production of antibodies and reagents, companies…
Stucco Market worth $13.4 billion by 2024 | Key players Sika AG (Switzerland), C …
According to recent market research the "Stucco Market by Material (Cement, Aggregates, Admixture, Plasticizers, Bonding Agent), Type (Traditional, Insulated), Base (Concrete, Masonry, Tile), End-use (Residential & Non-residential), and Region- Global forecast to 2024" The global stucco market size is projected to grow from USD 10.9 billion in 2019 to USD 13.4 billion by 2024, at a CAGR of 4.2% from 2019 to 2024. The market is projected to grow in…
Metallic Powder Coatings Market worth $3.3 billion by 2025 | Key players AkzoNob …
According to recent market research the "Metallic Powder Coatings Market by Process Type (Bonding, Blending, Extrusion), Pigment Type (Aluminum, Mica), Resin Type (Polyester, Hybrid, Epoxy, Polyurethane, Others), End-use Industry, and Region - Global Forecast to 2025" The global metallic powder coatings market size will grow to USD 3.3 billion by 2025 from USD 2.3 billion in 2020, at a CAGR of 7.5% during the 2020-2025 period. The market trend is…
Direct Air Capture Market worth $1,727 Million by 2030
The global Direct Air Capture Market is expected to reach USD 1,727 million by 2030 from USD 62 million in 2023 at a CAGR of 60.9% during the 2023-2030 period according to a new report by MarketsandMarkets™. Direct Air Capture provides a pathway to offset emissions that cannot be entirely eliminated. Direct air capture technology is known for its unique technology which directly captures CO2 from the ambient air,…
Hydrogen Compressors Market to Hit $2.6 billion by 2028 | Atlas Copco AB, Linde …
According to a research report "Hydrogen Compressors Market by Lubrication Type (Oil-based, Oil-free), Type (Mechanical, Non-mechanical), Application (Hydrogen Infrastructure, Industrial (Oil Refining, Chemicals & Petrochemicals), Design Region - Global Forecast to 2028" published by MarketsandMarkets, the global hydrogen compressors market is projected to reach USD 2.6 billion by 2028 from an estimated USD 2.1 billion in 2023, at a CAGR of 4.5% during the forecast period.
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Iron & Steel Market worth $1,928.6 billion by 2027 | Key players ArcelorMittal ( …
According to recent market research the "Iron & Steel Market by Type (Iron and Steel), Production Technology(Basic Oxygen Furnace, Electric Arc Furnace, Open Hearth and Others), End-use Industry (Construction & Building, Automotive & Transportation, Heavy Industry, Consumer Goods), and Region - Global Forecast to 2027", is approximated to be USD 1599.4 billion in 2022, and it is projected to reach USD 1,928.6 billion by 2027, at a CAGR of 3.8%.…
Ink Resins Market worth $3.8 billion by 2026 | Key players BASF SE (Germany), Co …
According to recent market research the "Ink Resin Market by Resin Type (Modified Rosins, Hydrocarbon, Modified Cellulose), by Technology (Oil, Solvent, Water, UV-curable), by Application (Printing & Publication, Flexible Packaging, Corrugated Cardboards & Cartons) - Global Forecast to 2026" published by MarketsandMarkets, the global ink resins market is estimated to be USD 3.3 billion in 2021 and is projected to reach USD 3.8 billion by 2026, at a CAGR of…
Rising at 12.2% CAGR, Distribution Automation Market Size to Hit $28.1 billion b …
According to a leading key players, the global distribution automation market is expected to reach USD 28.1 billion by 2027 from an estimated USD 15.8 billion in 2022, at a CAGR of 12.2% from 2022 to 2027. The global distribution automation market is expected to witness significant growth during the forecast period due to the advancements of IoT and cutting edge technologies coupled with remote monitoring and controlling of electric…
Armored Vehicle Market in India Grow at the 6.0% CAGR in forecast Period
Increased procurement to tackle terrorist strikes, border disputes, and sensitive multi-cultural issues
India is one of the fastest-growing economies in the world. It is also the eighth-largest in military expenditure and third-largest in armed forces in the world. In the past 10 years, India has grown its international influence and has become a prominent voice in global affairs. It has prioritized good relationships with Russia, France, the US, Israel, China, Iran,…
Directed Energy Weapons Market in India Grow at the 18.5% CAGR in forecast Perio …
Increasing procurement and development of advanced military platforms and systems to tackle border disputes
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The demand for the directed energy weapons market in India has increased in recent years due to rapid economic development, increasing security threats, and increased border disputes. According to Stockholm International Peace Research Institute (SIPRI), defense expenditure in India was approximately USD 76.6 billion in 2021. Huge investments have been made in the…
AI Chipset Market in US Grow at the 24.5% CAGR in forecast Period
Increasing adoption of AI and ML-based solutions and rising focus on parallel computing in data centres to boost the need for AI Chipset market in the country.
The AI chipset market in the US is experiencing significant growth, driven by the rising focus on parallel computing in data centers. As organizations increasingly recognize the need for enhanced computational power to handle complex tasks, parallel computing has emerged as a crucial…
Fabric Filters Market worth $3.2 billion by 2024 | Key players Ahlstrom-Munksjo …
According to recent market research the "Fabric Filters Market by Type (Liquid and Air Filter Media), End-use Industry (Food & Beverage, Metal & Mining, Chemical, Pharmaceutical, Power Generation), Region (APAC, Europe, North America, MEA, and South America) - Global Forecast to 2024" The fabric filters market is expected to grow from USD 2.3 billion in 2019 to USD 3.2 billion by 2024, at a Compound Annual Growth Rate (CAGR) of…
3D Printing Elastomers Market worth $583 million by 2026 | Key players Carbon In …
According to recent market research the "3D Printing Elastomers Market by Form (Powder, Filament, Liquid), Material (TPE, SBR & SBS), Technology (FDM/FFF, SLA, SLS, DLP), End-use Industry (Automotive, Consumer Goods, Aerospace & Defense, Medical & Dental), Region - Global Forecast to 2026" by MarketsandMarkets. The 3D printing elastomers market is projected to grow from USD 162 million in 2021 and is projected to reach USD 583 million by 2026, registering…
Analytical Standards Market Size And Companies | Merck KGaA (Germany), Agilent T …
Analytical Standards Market in terms of revenue was estimated to be worth $1.5 Billion in 2023 and is poised to reach $2.1 Billion by 2028, growing at a CAGR of 6.9% from 2023 to 2028 according to a new report by MarketsandMarkets. Factors such as growth in the applications of analytical techniques in proteomics & metabolomics and the rising public concerns related to optimal food safety & quality are high…
Hemostats Market Size, Share, Trends and Revenue | Johnson & Johnson (US), Baxte …
Hemostats Market in terms of revenue was estimated to be worth $2.7 Billion in 2023 and is poised to reach $3.7 Billion by 2028, growing at a CAGR of 6.7% from 2023 to 2028 according to a new report by MarketsandMarkets.
The significant growth in the number of hospitals and surgical centers is expected to support the growth of the hemostats market, as these are key end users of hemostats. The…
Pharmaceutical Packaging Equipment Market Worth $12.4 Billion | MarketsandMarket …
Pharmaceutical Packaging Equipment Market in terms of revenue was estimated to be worth $8.9 Billion in 2023 and is poised to reach $12.4 Billion by 2028, growing at a CAGR of 7.0% from 2023 to 2028 according to a new report by MarketsandMarkets™. The rapidly expanding generic and biopharmaceutical markets, increases in OTC drug sales, rising demand for flexible and integrated packaging equipment, increased offshore manufacturing in the pharmaceuticals market,…
Veterinary Electrosurgery Market worth $120 million by 2028
Veterinary Electrosurgery Market in terms of revenue was estimated to be worth $85 million in 2023 and is poised to reach $120 million by 2028, growing at a CAGR of 7.3% from 2023 to 2028 according to a new report by MarketsandMarkets™. The demand for veterinary electrosurgery is increasing due to a number of factors, including the growing pet population, the increasing awareness of the importance of preventive care, and…
Pen Needles Market Size, Share, Trends and Revenue | B. Braun Melsungen AG (Germ …
Pen Needles Market in terms of revenue was estimated to be worth $1.6 Billion in 2023 and is poised to reach $2.5 Billion by 2028, growing at a CAGR of 9.1% from 2023 to 2028 according to a new report by MarketsandMarkets™.
The increasing healthcare expenditure on diabetes care, and mandates pertaining to safety pen needles are some factors that provide lucrative opportunities for key players in the market. However, reuse…
Immunoassay Market Size, Share, Trends and Revenue | Abbott Laboratories (US), F …
Immunoassay Market in terms of revenue was estimated to be worth $35.0 Billion in 2023 and is poised to reach $46.7 Billion by 2028, growing at a CAGR of 5.9% from 2023 to 2028 according to a new report by MarketsandMarkets™. The immunoassay market is driven by the increasing incidence of infectious and chronic diseases, increasing adoption of immunoassay-based POC testing and rapid testing, and introduction of innovative products by…
Power SCADA Market worth $2.9 Billion by 2028
The global Power SCADA Market is expected to reach USD 2.9 billion by 2028 from USD 2.1 billion in 2023 at a CAGR of 7.1% during the 2023-2028 period according to a new report by MarketsandMarkets™. Key to this growth is the increasing emphasis on the modernization and digitization of power infrastructure. Acknowledging the crucial role of SCADA systems, utilities and energy providers are driven by the pursuit of…
Ventilators Market Size, Share, Trends and Revenue | Koninklijke Philips N.V. (N …
Ventilators Market in terms of revenue was estimated to be worth $4.2 Billion in 2023 and is poised to reach $5.7 Billion by 2028, growing at a CAGR of 6.4% from 2023 to 2028 according to a new report by MarketsandMarkets™. The growth of the global ventilators market is driven by the rising burden of respiratory diseases, such as COPD and asthma. COPD and asthma result in the narrowing…
Cystatin C Assay Market Size & Trends | Siemens Healthcare GmbH (Germany), Therm …
Cystatin C Assay Market in terms of revenue was estimated to be worth $377 million in 2023 and is poised to reach $540 million by 2028, growing at a CAGR of 7.5% from 2023 to 2028 according to a new report by MarketsandMarkets™. The growth of this market is majorly driven by growing number of old age population and rising number of kidney diseases. However, high development costs of cystatin…
Wound Care Market Size, Share, Trends and Revenue | 3M Company (US), Smith & Nep …
Wound Care Market in terms of revenue was estimated to be worth $21.5 billion in 2023 and is poised to reach $28.6 billion by 2028, growing at a CAGR of 5.9% from 2023 to 2028 according to a new report by MarketsandMarkets™. Growing preference for addressing diseases and health conditions that affect wound healing capabilities, along with the increasing prevalence of conditions like diabetes and obesity, are significant factors driving…
HLA Typing for Transplant Market worth $1.1 billion by 2028
HLA Typing for Transplant Market in terms of revenue was estimated to be worth $0.8 billion in 2023 and is poised to reach $1.1 billion by 2028, growing at a CAGR of 6.3% from 2023 to 2028 according to a new report by MarketsandMarkets™. Factors such as the increasing transplants volume worldwide, rising number of transplant & diagnostic centers, technological advancements, government initiatives to boost HLA typing services, rising public…
AI Camera Market in US Grow at the 23.7% CAGR in forecast Period
Increasing investments and rising demand for advanced technologies in autonomous vehicles to boost the need for AI Camera market in the country.
The AI camera market in the US is experiencing substantial growth, propelled by increasing investments and a rising demand for advanced technologies in autonomous vehicles. As the automotive industry undergoes a transformative shift toward autonomous driving, the need for sophisticated perception systems, including AI-powered cameras, has become paramount.…
Armored Vehicle Market in Middle East Grow at the 2.0% CAGR in forecast Period
Social unrest and market instability to drive demand for armored vehicles
The Middle Eastern market for armored vehicle is projected to grow due to the rising need for military vehicles for various countries to secure their borders. The Middle East region is marked by intense geopolitical competition among various countries. However, the absence of major armored vehicle OEMs in Middle East is acting as a major concern for the…
Directed Energy Weapons Market in US Grow at the 20.1% CAGR in forecast Period
Strong focus on development and procurement of modern military weapon systems
US contributed the largest share to the directed energy weapons market in 2022 due to the increased demand for high-energy laser systems and high-power microwave systems in the country on its military bases in overseas deployment.
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The US is one of the major markets for directed energy weapons across the globe due to the increase in demand…
Low GWP Refrigerants Market worth $28.7 billion by 2023 | Key players Linde Grou …
According to recent market research the "Low GWP Refrigerants Market by Type (Inorganics, Hydrocarbons, Fluorocarbons), Application (Commercial Refrigeration, Industrial Refrigeration, Domestic Refrigeration), and Region (Asia Pacific, Europe, North America) - Global Forecast to 2023" The low GWP refrigerants market is expected to grow from USD 16.5 billion in 2018 to USD 28.7 billion by 2023, at a Compound Annual Growth Rate (CAGR) of 11.7% during the forecast period. The major…
Cosmetic Dyes Market worth $366 million by 2023 | Key players Clariant (Switzerl …
According to recent market research the "Cosmetic Dyes Market by Type (Natural and Synthetic Dyes), Application (Facial makeup, Eye makeup, Hair color, Lip products, Nail products, Toiletries), and Region (Europe, North America, APAC, South America, and MEA) - Global Forecast to 2023" The Cosmetic Dyes Market is projected to grow from USD 280 million in 2018 to USD 366 million by 2023, at a CAGR of 5.5%, from 2018 to…
Synchronous Generator Market Size to Reach $5.9 billion by 2028, Witnessing a CA …
According to a research report Synchronous Generator Market size is estimated to be USD 4.7 billion by 2023 and is projected to reach USD 5.9 billion by 2028, at a CAGR of 4.6%. A synchronous generator, also called an AC generator or alternator, is an electromechanical energy conversion device that converts mechanical energy from sources such as engines and turbines into electrical energy in the form of alternating current (AC).…
Directed Energy Weapons Market in UK Grow at the 15.2% CAGR in forecast Period
Market expansion through significant investment in military system development programs
European countries have strong Air Forces, which are more inclined toward procuring directed energy weapons to strengthen their position. The Navy of these countries has been focusing on directed energy weapons for the last few years. They have made significant investments in developing directed energy weapons in naval applications. The growth of the directed energy weapons market in Europe is fueled…
Armored Vehicle Market in Germany Grow at the 5.9% CAGR in forecast Period
Germany expected to emerge as largest West European spender in market
Germany is one of the major exporters of armored vehicles across the globe. In 2018-19, the Ministry of Economic Affairs and Energy of the country approved the transfer of production equipment of Rheinmetall to Algeria for the local construction of Fuchs armored vehicles.
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The deal with Algeria worth USD 3.00 billion has been closed…
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