Press Releases from MarketsandMarkets (7327 total)
Surgical Robots Market Revenue Trends and Growth Drivers | Intuitive Surgical (U …
Surgical Robots Market is projected to reach USD 18.4 billion by 2027 from an estimated USD 8.5 billion in 2022, at a CAGR of 16.6% during the forecast period according to a new report by MarketsandMarkets™. The increasing adoption of surgical robots, and the increase in funding for medical robot research are the factors attributing to the growth of surgical robots.
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The robotic systems segment accounted for the…
Advanced Wound Care Market Revenue Forecast | 3M Company (US), Smith & Nephew (U …
Advanced Wound Care Market is valued at an estimated USD 11.3 billion in 2022 and is projected to reach USD 17.7 billion by 2027, at a CAGR of 9.4% during the forecast period according to a new report by MarketsandMarkets™. Growth in this market is mainly driven by factors such as the rising prevalence of diseases & conditions that impair wound healing capabilities, rising costs associated with chronic wounds, and…
Merck KGaA (Germany) and Thermo Fisher Scientific, Inc. (US) are Leading Players …
The gene editing market is projected to grow from USD 5.3 billion in 2023 to USD 10.6 billion by 2028 at a CAGR of 15.0%. Gene editing or genome engineering is the insertion, deletion, or replacement of DNA at a specific site in the genome of an organism or cell. It is usually achieved in the lab using genome-editing tools, such as CRISPR, TALEN, and ZFN. This emerging and rapidly…
Artificial Lift Market to Reach $9.0 Billion by 2028 | SLB, Baker Hughes, Hallib …
The global Artificial Lift Market is expected to reach USD 9.0 billion by 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…
Market Dynamics and Share Analysis: Aircraft Health Monitoring Industry Outlook
The Aircraft Health Monitoring Market size is set to experience significant growth, with a projected increase from USD 6.3 Billion in 2023 to USD 8.6 Billion by 2028, representing a robust CAGR of 6.5%. The market's upward trajectory is propelled by the aviation industry's pursuit of increased efficiency and reduced maintenance costs amid the rising number of passengers.
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Aircraft Health Monitoring Market Dynamics:
• Industry Drivers: The adoption of predictive…
Global Motion Control Market Report, Industry Size, Share & Growth 2027
The global motion control market is a key player in the automation and Industry 4.0 era, enabling accurate control and efficiency across multiple industries. This article explores the insights offered by the Global Motion Control Market Report, looking at the size, share, and key drivers influencing the industry's growth.
Motion Control Industry Size:
According to Marketsandmarkets research report the global motion control market size is projected to reach USD 20.0 billion by…
Global Gas Sensors Market Size, Share & Industry Growth, Top Companies Analysis …
The global gas sensors market stands at the forefront of technological innovation, addressing critical concerns in diverse industries related to safety, environmental monitoring, and regulatory compliance.
Gas Sensors Market Size and Share:
The gas sensors market has witnessed a significant expansion, underscoring its pivotal role in ensuring safety and compliance across various sectors. According to MarketsandMarkets latest market research report, The global gas sensor market size is projected to grow from…
Global 3D Printing Market Report: Industry Size, Share, Statistics, Companies, a …
Recent years have seen a tremendous rise in the global 3D printing market, which has revolutionized traditional manufacturing methods and redefined the design and production of items. With a thorough review of the industry's size, share, statistics, major players, and projected growth patterns, this article explores the most recent findings from the Global 3D Printing Market Report.
3D Printing Industry Size and Market Dynamics:
The 3D printing industry has grown significantly due…
Satellite Communication (SATCOM) Equipment Market Share, Size, Growth, Analysis, …
Explore the dynamic landscape of the Satellite Communication (SATCOM) Equipment Market, poised for remarkable growth. With a projected surge from USD 22.6 Billion in 2023 to USD 38.7 Billion by 2028, the industry is experiencing robust development at a CAGR of 11.3%. This journey delves into market statistics, size, trends, and the factors shaping the SATCOM Equipment Industry.
Market Dynamics: SATCOM Industry Size and Growth:
The SATCOM Equipment Market is witnessing substantial…
Ceramic & Porcelain Tableware Market worth $8.1 billion by 2028 | Key players Vi …
According to recent market research the "Ceramic & Porcelain Tableware Market by Material (Bone China, Porcelain, Stoneware), Technology (Slip casting, Pressure casting, Isostatic casting), Product, Application, Distribution Channel and Region - Global Forecast to 2028", is projected to grow from USD 6.7 billion in 2023 to USD 8.1 billion by 2028, at a CAGR of 4.1% from 2023 to 2028. The ceramic and porcelain tableware market continues to flourish due…
Specialty Advanced Ceramics Market worth $10.2 billion by 2028 | Key players Mor …
According to recent market research the "Specialty Advanced Ceramics Market by Type (Composite Structure Ceramics, Electrical & Electronic Functional Ceramics), Application (Defence & Security, Electronics & Semiconductor, Optics & Industrial Manufacturing), & Region - Global Forecast 2028", size is projected to grow from USD 7.7 billion in 2023 to USD 10.2 billion by 2028, registering a CAGR of 6.0% during the forecast period. The specialty advanced ceramics market owes its…
Collaborative Robot Market - Insights into Market Size, Share, and Future Projec …
The Collaborative Robot Market continues its upward trajectory, propelled by substantial growth, industry impact, and transformative potential across sectors. A comprehensive analysis sheds light on pivotal aspects including size, share, growth trends, and future projections in the global Collaborative Robot Market.
The global collaborative robot market size was valued at USD 1.2 billion in 2023 and is estimated to reach USD 6.8 billion by 2029, registering a CAGR of 34.3% during…
Brushless DC Motor Market worth $17.6 Billion by 2028
The global Brushless DC Motor Market is expected to reach USD 17.6 billion by 2028 from USD 12.1 billion in 2023 at a CAGR of 7.9% during the 2023-2028 period according to a new report by MarketsandMarkets™. The increasing adoption of Brushless DC motors is driven by their precise speed control, low maintenance requirements, and high efficiency. Brushless DC motors offer enhanced reliability, reduced electromagnetic interference, and compact designs, making…
Hardware Security Modules Market Size, Share, Growth Drivers, Global Industry An …
The hardware security modules market size is projected to grow from USD 1.2 billion in 2023 to reach USD 2.3 billion by 2028; it is expected to grow at a Compound Annual Growth Rate (CAGR) of 13.5% from 2023 to 2028.
The growth of the hardware security modules market is driven by increasing data breaches and cyberattacks, need to follow stringent data security compliances, and emergence of digital transactions, electronic payments…
With 15.0% CAGR, Automotive Sensors Market Growth to Surpass USD 62.2 billion
According to MarketsandMarkets, the automotive sensor market size is valued at USD 30.8 billion in 2023 and is anticipated to be USD 62.2 billion by 2028, growing at a CAGR of 15.0% from 2023 to 2028. Factors such as minimizing driver stress through adoption of advanced driver-assistance systems, and government incentives and grants to support R&D in automotive sensor industry will likely drive market growth. Autonomous driving is one of…
Veterinary Equipment and Supplies Market worth $3.2 billion by 2028 | Covetrus I …
Veterinary Equipment and Supplies Market in terms of revenue was estimated to be worth $2.2 billion in 2023 and is poised to reach $3.2 billion by 2028, growing at a CAGR of 7.1% from 2023 to 2028 according to a new report by MarketsandMarkets.
The major driving factors for the growth of veterinary equipment and supplies market include growing demand for pet insurance, development in the veterinary equipment technologies, rise in…
Pharmaceutical Excipients Market Revenue Forecast | International Flavors & Frag …
Pharmaceutical Excipients Market in terms of revenue was estimated to be worth $10.0 billion in 2023 and is poised to reach $13.9 billion by 2028, growing at a CAGR of 6.8% from 2023 to 2028 according to a new report by MarketsandMarkets™.
The pharmaceutical excipients market is projected to grow at a CAGR of 6.8% during the forecast period of 2023 to 2028. The major factors attributing to the growth of…
Rising at 6.2% CAGR, Biofuel Market Anticipated to Reach $225.9 billion by 2028
According to a new market research report, the global biofuel market is projected to reach USD 225.9 billion by 2028 from an estimated USD 167.4 billion in 2023, at a CAGR of 6.2% during the forecast period.
View detailed Table of Content here - https://www.marketsandmarkets.com/Market-Reports/biofuels-market-297.html
The growing demand for cleaner fuels is one of the major factors driving the biofuels market. Global biofuel demand has been increasing gradually due to goals…
Surgical Sutures Market Size, Share, Growth and Forecast to 2028 | Ethicon, Inc. …
Surgical Sutures Market in terms of revenue was estimated to be worth $4.0 billion in 2023 and is poised to reach $5.5 billion by 2028, growing at a CAGR of 6.4% from 2023 to 2028 according to a new report by MarketsandMarkets. The surgical sutures market is propelled by several key drivers. The increasing global prevalence of chronic diseases and a growing aging population contribute significantly to the rising demand…
3M Company (US) and Johnson & Johnson (US) are Leading Players in the Medical St …
Medical Stick-to-Skin Adhesives Market in terms of revenue was estimated to be worth $2.4 billion in 2023 and is poised to reach $3.7 billion by 2029, growing at a CAGR of 7.5% from 2023 to 2029 according to a new report by MarketsandMarkets. The increasing prevalence of chronic diseases and the growing aging population globally contribute to the rising demand for advanced wound care solutions, spurring innovation in adhesive technologies…
Thermo Fisher Scientific Inc. (US) and Danaher (US) are Leading Players in the M …
Microcarriers Market in terms of revenue was estimated to be worth $2.0 billion in 2023 and is poised to reach $3.3 billion by 2028, growing at a CAGR of 10.0% from 2023 to 2028 according to a new report by MarketsandMarkets. Growing adoption of microcarriers for cell-based vaccine production, and growing preference for single-use technologies are promoting the growth of microcarriers market. However, limitations in high-density cell culture production might…
Electric Ship Market Projected to reach $14.2 Billion by 2030
The Electric Ship market is projected to grow from USD 3.3 billion in 2022 to USD 14.2 billion by 2030, at a CAGR of 20.0% from 2022 to 2030. The global rise in sea-borne trade is likely to drive growth in the Electric Ship market across many categories. Furthermore, the demand for hybrid and fully electric maritime vessels is boosting the adoption of electrical systems, which are aimed at reducing…
Navigating the Future: The Rise of Automated Guided Vehicles in Industrial Evolu …
The automated guided vehicle market is estimated to be valued at USD 2.4 billion in 2023 and is projected to reach USD 3.3 billion by 2028, at a CAGR of 6.9% from 2023 to 2028. AGVs are designed to handle various types of loads and materials. They can be equipped with different load handling mechanisms such as forks, clamps, conveyors, or customized attachments and it can be seamlessly integrated with…
With 45.6% CAGR, Artificial Intelligence in Manufacturing Market Growth to Surpa …
The artificial intelligence in manufacturing market is estimated to be valued at USD 3.2 billion in 2023 and is projected to reach USD 20.8 billion by 2028, at a CAGR of 45.6% from 2023 to 2028. Artificial intelligence (AI) in manufacturing refers to the emulation of human intelligence for interacting with machines, extracting data from various sources, analyzing that data, and executing necessary tasks. These tasks encompass activities such…
Antimicrobial Hospital Textiles Market worth $9.4 billion by 2025 | Key players …
According to recent market research the "Antimicrobial Hospital Textiles Market by Material, Usability (Disposable, Reusable), FDA Class (Class I, Class II, Class III), Application (Attire, Surgical supplies & Wipes, Sheets & Blankets), Hospital Department, Region - Global Forecast to 2025", size is estimated at USD 7.1 billion in 2020 and is projected to reach USD 9.4 billion by 2025, at a CAGR of 5.8%. Increasing population, medical infrastructure development &…
Sintered Steel Market worth $29.5 billion by 2028 | Key players RUSAL (Russia), …
According to recent market research the "Sintered Steel Market by Type (Stainless Steel, Carbon Steel, Alloy Steel, Tool Steel), Process (Metal Injection Moulding, Additive Manufacturing, Conventional Manufacturing), End-Use, Application, & Region - Global Forecast 2028", size is estimated to be USD 24.4 billion in 2023 and is projected to reach USD 29.5 billion by 2028, at a CAGR of 3.9% between 2023 and 2028. The demand for sintered steel is…
APAC In Situ Hybridization Market Trends & Growth Drivers | ISH market are Abbot …
APAC In Situ Hybridization Market is projected to reach USD 744 million by 2027 from USD 363 million in 2022, at a CAGR of 15.4% during the forecast period according to a new report by MarketsandMarkets™. Key drivers of the APAC in situ hybridization market include growing cases of cancer in the region coupled with rising incidence of genetic disorders. Moreover, growing adoption of companion diagnostics will also propel the…
Endoscopic Submucosal Dissection Market Revenue Forecast | Olympus Corporation ( …
Endoscopic Submucosal Dissection Market is projected to reach USD 483 million by 2027 from USD 347 million in 2022, at a CAGR of 6.9% according to a new report by MarketsandMarkets™. Endoscopy is increasingly being used to remove precancerous and cancerous areas in the GI tract. The rising incidence of target diseases such as cancer is expected to accelerate the need for endoscopic procedures, which, in turn, would propel the…
Bioimpedance Analyzer Market Size And Companies | OMRON Corporation (Japan), Tan …
Bioimpedance Analyzers Market in terms of revenue was estimated to be worth $564 million in 2023 and is poised to reach $927 million by 2028, growing at a CAGR of 10.4% from 2023 to 2028 according to a new report by MarketsandMarkets™. The growth of this market is majorly driven by rising initiatives by government in promoting healthy lifestyle to curb obesity, growing number of gyms and wellness centers, strong…
Cell & Gene Therapy Manufacturing Services Market Report | Lonza (Switzerland), …
Cell & Gene Therapy Manufacturing Services Market is projected to reach USD 11.5 billion by 2027 from USD 5.1 billion in 2022, at a CAGR of 17.5% during the forecast period, according to a new report by MarketsandMarkets™. Growth in this market is driven by cancer prevalence which is a major burden on healthcare systems across geographies coupled with heavy investments of pharmaceutical companies in research and development to deliver…
Hybrid Power Solutions Market Size to Grow $4.0 billion by 2028 | Leading key pl …
According to a research report "Hybrid Power Solutions Market by System Type (Solar-Fossil, Wind-Fossil, Solar-Wind-Fossil, Solar-Wind, Others), Grid Connectivity (On-Grid, Off-Grid), Capacity (Upto 100kW, 100kW-1MW, Above 1MW), End User & Region - Global Forecast to 2028" published by MarketsandMarkets, the hybrid power solutions market is projected to reach USD 4.0 billion by 2028 from an estimated USD 2.4 billion in 2023, at a CAGR of 10.4% during the forecast period.
…
Graphic Film Market worth $36.2 billion by 2028 | Key players 3M (US), Avery Den …
According to recent market research the "Graphic Film Market by Product Type (Polyethylene, Polypropylene, Polyvinyl Chloride), Film Type (Opaque, Transparent, Translucent, Reflective), Manufacturing Process, Printing Technology, End-Use Industry, and Region - Global Forecast to 2028", size is estimated to be USD 28.9 billion in 2023, and it is projected to reach USD 36.2 billion by 2028 at a CAGR of 4.6%. Rising population, improving living standards, increasing industrialization, rising automotive…
Rare Earth Metals Leaching Chemicals Market worth $749 million by 2027 | Key pla …
According to recent market research the "Rare Earth Metals Leaching Chemicals Market by Type (Hydrochloric Acid, Sulfuric Acid, Nitric Acid, Ammonium Sulfate, Citric Acid), and Region (North America, Europe, Asia Pacific, Middle East and Africa, South America) - Global Forecast to 2027", size is expected to grow from USD 517 million in 2022 to USD 749 million by 2027 at a compound annual growth rate (CAGR) of 7.7% during the…
Connecting Warriors: Unveiling the Dynamics of the Military Communications Marke …
The Military Communications market is witnessing substantial growth, fueled by the evolving nature of military operations and the increasing reliance on advanced communication technologies. According to a detailed report by MarketsandMarkets, the military communications market is estimated to be USD 24.2 Billion in 2023 to USD 35.4 Billion by 2028, at a CAGR of 7.9% from 2023 to 2028.
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Based on platform, the military communications market has…
Cultivating Innovation: The Growing Landscape of Smart Agriculture
The smart agriculture market is projected to reach USD 25.4 billion by 2028 from an estimated USD 16.2 billion in 2023, at a CAGR of 9.4% from 2023 to 2028. The goal of the government's expanding endeavors to implement modern technologies like IoT and AI in aquaculture farms is to increase farm yield. One of the main elements driving the market growth is farmer knowledge of the advantages of smart…
Unleashing the Power of Millimeter Wave Technology: A Market Insight
According to a comprehensive report by MarketsandMarkets, the global millimeter wave technology market size is anticipated to grow from USD 2.8 billion in 2023 to USD 7.9 billion by 2028, at a CAGR of 22.8% during 2023 to 2028. The market's surge can be attributed to the expanding applications of millimeter wave technology in 5G communication, autonomous vehicles, healthcare, and security systems.
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Market Drivers:
5G Revolution:
The rollout of…
Digital Health Market Size, Share, Trends and Revenue | Koninklijke Philips N.V. …
Digital Health Market in terms of revenue was estimated to be worth $180.2 billion in 2023 and is poised to reach $549.7 billion by 2028, growing at a CAGR of 25.0% from 2023 to 2028 according to a new report by MarketsandMarkets.
The growth of this market is driven by the expansion of telemedicine and telehealth services, enhanced patient engagement and empowerment and increased investment in health tech startups. On the…
X-Ray Detectors Market Revenue Trends and Growth Drivers | Varex Imaging Corpora …
X-Ray Detectors Market size is projected to reach USD 4.0 billion by 2027 from USD 3.1 billion in 2022, at a CAGR of 5.2% according to a new report by MarketsandMarkets™. Increasing investments in advancing healthcare facilities & digital imaging technologies, growing demand for early diagnosis, and widening scope of clinical applications of X-ray detectors, rising chronic disorders which need quick examinations and increasing sedentary lifestyles are some of the…
3D Cell Culture Market Size, Share, Trends and Revenue | Thermo Fisher Scientifi …
3D Cell Culture Market in terms of revenue was estimated to be worth $1.3 billion in 2023 and is poised to reach $2.5 billion by 2028, growing at a CAGR of 14.6% from 2023 to 2028 according to a new report by MarketsandMarkets™. Major factors driving the market growth at significant CAGR are increasing adoption of 3D cell culture over, restrictions over animal testing and increased use of 3D cell…
Combat Drone Market Projected to reach $10.8 billion by 2028
The combat drone market is valued at USD 7.2 billion in 2023 and is projected to reach USD 10.8 billion by 2028, at a CAGR of 8.6%. The increasing demand for unmanned systems in defense sectors is leading to the growth of the military drone market across the globe. Companies operating in the military drone market are focusing on improving technological capabilities. Presently, military drones are being used in applications…
Video Surveillance Market Set to Grow at the Fastest Rate- Time to Grow your Rev …
The global video surveillance market is expected to be valued at USD 53.7 billion in 2023 and is projected to reach USD 83.3 billion by 2028; it is expected to grow at a CAGR of 9.2% from 2023 to 2028. The market growth is driven by growing security concerns, technological advancements, and the integration of AI-powered analytics. The market's expansion is further propelled by increasing demand for real-time monitoring, remote…
With 5.3% CAGR, Calibration Services Market Growth to Surpass USD 8.1 billion
The global calibration services market is projected to grow from USD 5.7 billion in 2023 to USD 8.1 billion by 2030, registering a CAGR of 5.3% during the forecast period. The calibration services market is driven by stringent regulatory demands, technological advancements, and globalization, while opportunities arise from emerging industries, advanced technologies, and innovative solutions. However, the market faces challenges due to evolving standards' complexity, economic fluctuations impacting spending, competition…
Hydrogen Pipeline Market worth $25.7 billion by 2030 | Key players Cenergy Holdi …
According to recent market research the "Hydrogen Pipeline Market by Type (Mobile, Fixed), Hydrogen Form (Gas, Liquid), Pipeline Structure (Metal, Plastics & Composites), and Region (APAC, Europe, North America, South America, and Middle East & Africa) - Global Forecast to 2030", is projected to grow from USD 9.1 billion in 2023 to USD 25.7 billion by 2030, at a CAGR of 16.0% from 2023 to 2030. The hydrogen pipeline sector…
Dry Ramming Mass Market worth $3.2 billion by 2028 | Key players Saint-Gobain (F …
According to recent market research the "Dry Ramming Mass Market by Type (Alumina Ramming Mass, Silica Ramming Mass, Magnesia Based Ramming Mass), Application (Foundries, Steel, Electric Arc Furnace, Blast Furnace, Non-Steel), Function, and Region - Global Forecast to 2028", is projected to reach USD 3.2 billion by 2028, at a CAGR of 6.8% from USD 2.3 billion in 2023. The growth of the dry ramming mass market is primarily driven…
USA AI in Drug Discovery Market is expected to grow at a CAGR of 45.7%
Artificial Intelligence in Drug Discovery Market in terms of revenue was estimated to be worth $0.9 billion in 2023 and is poised to reach $4.9 billion by 2028, growing at a CAGR of 40.2% from 2023 to 2028 according to a new report by MarketsandMarkets. The ascent of precision medicine, characterized by tailored treatments aligned with individual patient attributes, has become a pivotal trend. This paradigm shift has bestowed prominence…
Radiotherapy Market worth $8.8 billion by 2028
Radiotherapy Market in terms of revenue was estimated to be worth $6.9 billion in 2023 and is poised to reach $8.8 billion by 2028, growing at a CAGR of 5.0% from 2023 to 2028 according to a new report by MarketsandMarkets. The growth of this market is majorly driven by factors such as the rapid rise in cancer cases globally, new developments in radiotherapy treatment such as adaptive radiotherapy, growing…
Particle Therapy Market worth $ 1.1 billion by 2028
Particle Therapy Market in terms of revenue was estimated to be worth $0.7 billion in 2023 and is poised to reach $1.1 billion by 2028, growing at a CAGR of 8.2% from 2023 to 2028 according to a new report by MarketsandMarkets. Many factors, such as technological advancements, funding and reimbursement, strong healthcare funding, active research funding, a clear regulatory framework, growing minimally invasive procedure adoption, and the presence of…
Surface Disinfectant Market worth $4.2 billion by 2028
Surface Disinfectant Market in terms of revenue was estimated to be worth $2.6 billion in 2023 and is poised to reach $4.2 billion by 2028, growing at a CAGR of 9.4% from 2023 to 2028 according to a new report by MarketsandMarkets. The players operating the surface disinfectant market are enjoying favorable opportunities due to increased demand for infection control measures aimed at reducing hospital acquired infections, an increase in…
Microcarriers Market worth $3.3 billion by 2028
Microcarriers Market in terms of revenue was estimated to be worth $2.0 billion in 2023 and is poised to reach $3.3 billion by 2028, growing at a CAGR of 10.0% from 2023 to 2028 according to a new report by MarketsandMarkets. Growing adoption of microcarriers for cell-based vaccine production, and growing preference for single-use technologies are promoting the growth of microcarriers market. However, limitations in high-density cell culture production might…
Electric Boats Market Projected to reach $7.7 Billion by 2030
The Electric Boats Market is projected to grow from USD 3.3 billion in 2023 to USD 7.7 billion by 2030, at a CAGR of 13.0% from 2023 to 2030. The global rise in sea-borne trade is likely to drive growth in the Electric Boats Market across many categories. Furthermore, the increasing demand for electrified maritime solutions to curb harmful emissions is a key factor driving the growth in the market.
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Based…
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