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Press Releases from Market Data Forecast (145 total)

TAVR Market Leads Heart Health Revolution with Surging Innovations

The global transcatheter aortic valve replacement (TAVR) market size is expected to be valued at USD 4.28 billion in 2024 and reach USD 10.02 billion by 2029, growing at a CAGR of 18.50 % from 2024 to 2029. Transcatheter aortic valve replacement is a procedure that replaces a diseased aortic valve with a transcatheter aortic valve, which regenerates the blood-pumping function of the heart aortic valve. Global TAVR Market Report Scope: • Market Size

Personal Development Market is Rising

According to the latest research report published by Market Data Forecast, the size of the global personal development market is estimated to be valued at USD 49.09 billion in 2024 and USD 62.95 billion by 2029, growing at a CAGR of 5.1% from 2024 to 2029. The personal development market includes a wide range of products and services aimed at helping people improve their lives, such as self-help books, online courses,

Hearing Aid Market Expands to Meet Diverse Needs

The global hearing aid market size is expected to be valued at USD 8.49 billion in 2024 and reach USD 11.57 billion by 2029, growing at a CAGR of 8.4 % from 2024 to 2029. A hearing aid is a small electronic device that can be worn in or behind the ear. It makes sounds louder so that people with hearing loss can listen, communicate, and participate casually in daily activities. Global

Anticipating the Future of the 3D Printing Market

According to the latest research report published by Market Data Forecast, the global 3D printing market is expected to register a CAGR of 22.5% from 2024 to 2029, and the global market size is estimated to be worth USD 63.9 billion by 2029 from USD 23.16 billion in 2024. The 3D printing market has grown significantly, owing to technological improvements, cost-effectiveness, and a diverse variety of applications in industries like as

Air Curtain Market Share, Industry Analysis & Forecast Report 2024-2029.

According to the latest research report published by Market Data Forecast, the global air curtain market size was estimated at USD 1.37 billion in 2023 and is expected to reach USD 2.46 billion by 2029, with a Current CAGR of 12.48% during the forecast period from 2024 to 2029. Air curtains form an invisible door that maintains internal temperatures. This helps prevent overheating in places like bars, shopping centres, warehouses, and

LFP Cathode Powder Market Share, Industry Analysis & Forecast Report 2024-2029.

According to the latest research report published by Market Data Forecast, the global LFP cathode powder market was worth US$ 21.46 billion in 2023 and is anticipated to reach a valuation of US$ 30.05 billion by 2029 and is predicted to register a CAGR of 5.77% during 2024-2029. LFP cathode powder is a popular choice for lithium ion cells. This material is known for its exceptional safety and extended lifespan, and

Vessel Energy Storage System Market Share, Industry Analysis & Forecast Report 2 …

According to the latest research report published by Market Data Forecast, the global vessel energy storage system market size is estimated at USD 1.2 billion in 2023 and is anticipated to reach a valuation of USD 9.94 billion by 2029 and is predicted to register a CAGR of 42.2% during 2024-2029. Energy storage systems or ESS store excess power generation capacity when it is available, for its instant post later on

Next-Generation Sequencing Market Surges, Pioneering Precision Medicine Advancem …

The global next-generation sequencing (NGS) market size is expected to be valued at USD 6.06 billion in 2024 and reach USD 14.26 billion by 2029, growing at a CAGR of 18.66 % from 2024 to 2029. Next-generation sequencing (NGS) involves the manufacturing and application of next-generation sequencing technologies, which are crucial in genomics and clinical research. The key components include sequencing platforms, consumables, and services. Global Next-generation sequencing (NGS) Market Report Scope: • Market

Innovations in Point of Care Diagnostics Market Set to Transform Patient Care"

The global point of care diagnostics market size is expected to be valued at USD 30.02 billion in 2024 and reach USD 47.82 billion by 2029, growing at a CAGR of 9.76 % from 2024 to 2029. Point-of-care testing, also known as near-patient testing, is defined as medical diagnostic testing at or near the point of care-that is, at the time and place of patient care. The sample does not need

Unveiling Advancements in Advanced Wound Care Market

The global advanced wound care market size is expected to be valued at USD 10.72 billion in 2024 and reach USD 13.38 billion by 2029, growing at a CAGR of 4.52 % from 2024 to 2029. Advanced wound care involves products for treating acute and chronic wounds such as ulcers, burns, and post-operative wounds. These include film and foam dressings, hydrogels, alginates, and hydrocolloids that keep the wound wet and promote

Solar Panel Cleaning Market Share, Industry Analysis & Forecast Report 2024-2029 …

According to the latest research report published by Market Data Forecast, the global solar panel cleaning market size is estimated at USD 0.74 billion in 2023 and is estimated to reach a valuation of USD 1.52 billion by 2029 and grow with a CAGR of 12.72% during the forecast period 2024-2029. A solar panel, also termed a photovoltaic solar panel, is a device that gathers energy from the sun and converts

Power Optimizer Market is Expected to Register Exponential Growth

According to the latest research report published by Market Data Forecast, the global power optimizers market size was estimated at USD 2.60 billion in 2023 and is expected to reach USD 5.12 billion by 2029, with a Current CAGR of 14.54% during the foreseen period 2024 to 2029. A DC-to-DC converter device called a power optimizer was created to increase the amount of energy that solar photovoltaic systems can capture. The

Robo Advisory Market is Rising

According to the latest research report published by Market Data Forecast, the global robo advisory market is expected to grow at a CAGR of 54.2% from 2024 to 2029, and the global market size is anticipated to be worth USD 154.6 billion by 2029 from USD 17.73 billion in 2024. The robo advising market is expanding rapidly, fueled by technical developments and rising demand for automated financial solutions. These platforms use

Smartphone Marketis expected to register exponential growth

According to the latest research report published by Market Data Forecast, the global smartphone market size is anticipated to reach USD 686.7 billion by 2029 from USD 493.08 billion in 2024, growing at a CAGR of 6.85% from 2024 to 2029. In Q4 2023, the global smartphone market rose by 7 percent YoY to 323.2 million devices. Apple surpassed Samsung to take the top rank with a 2 percent YoY growth.

Remote Patient Monitoring Market Shaping the Future of Healthcare

The global remote patient monitoring market size is expected to be valued at USD 5946 million in 2024 and reach USD 11300 million by 2029, growing at a CAGR of 13.7 % from 2024 to 2029. Remote patient monitoring involves collecting health data and transmitting it to healthcare providers using digital technologies. By enabling monitoring from patients' homes, it offers convenience and cost savings. Global Remote Patient Monitoring Market Report Scope: • Market Size

Smart Port Market expected to witness a significant growth rate of 24.47% by 202 …

According to the latest research report published by Market Data Forecast, the global smart port market was valued at US$ 2.17 billion in 2023 and is anticipated to reach US$ 8.05 billion by 2029 and increase with a CAGR of 24.47% during the forecast period 2024 - 2029. It comprises digitized infrastructure that provides a variety of advantages, including reduced human-related disturbances, better decision-making, predictable performance, and cheaper operational costs. Because

Oilfield Equipment Market Sees Explosive Growth Globally

According to the latest research report published by Market Data Forecast, the global oilfield equipment market has been valued at US$ 129.71 billion in 2023 and it is anticipated to reach a market capitalization of US$ 156.70 billion by 2029 it is anticipated to grow with a healthy CAGR of 3.20% over the forecast period 2024-2029. Oilfield equipment is a collection of tools used for oil and gas exploration and drilling.

Big Data Market is growing at a brisk pace

According to the latest research report published by Market Data Forecast, the global big data market size is expected to grow from USD 199.63 billion in 2024 to USD 358.77 billion by 2029, growing at a CAGR of 12.44% from 2024 to 2029. The Big Data market continues to grow rapidly, driven by the rising volume, variety, and velocity of data collected around the world. Organizations across industries are using Big

Higher Education Market is expected to register exponential growth

According to the latest research report published by Market Data Forecast, the global higher education market size is predicted to be worth USD 84.61 billion in 2024 and USD 131.98 billion by 2029, growing at a CAGR of 9.3% from 2024 to 2029. The higher education market includes a varied range of institutions that provide academic programs, training, and research possibilities beyond secondary schooling. It encompasses universities, colleges, vocational schools, and

Contactless Payment Market is expected to register exponential growth

According to the latest research report published by Market Data Forecast, the global contactless payments market size was valued at USD 44.81 billion in 2023. The global market is estimated to be growing at a CAGR of 21.5% from 2024 to 2029 and be worth USD 144.1 bn by 2029 from USD 54.44 bn in 2024. The contactless payment market continues to surge, driven by growing consumer demand for convenience and

Fintech Market is growing at a brisk pace

According to the latest research report published by Market Data Forecast, the global fintech market is predicted to be worth USD 644.6 billion by 2029, up from USD 209.7 billion in 2024, growing at a CAGR of 25.18% from 2024 to 2029. The fintech market has grown quickly and is transforming traditional financial services. Furthermore, as of July 2023, there were over 272 fintech unicorns valued at a total of 936

Internet of Things (IoT) market is expected to register exponential growth

According to the latest research report published by Market Data Forecast, the global IoT market size is anticipated to be worth USD 1751.8 billion by 2029 from USD 532.3 billion in 2024, growing at a CAGR of 26.9% from 2024 to 2029. The Internet of Things (IoT) market is booming, fueled by rising connectivity and digitization trends. Key industries such as healthcare, manufacturing, and smart home gadgets are experiencing significant growth.

Cloud Storage Market is growing at a brisk pace

According to the latest research report published by Market Data Forecast, the global cloud storage market is expected to grow from USD 60.41 billion in 2024 to USD 185.69 billion by 2029, growing at a CAGR of 25.18% from 2024 to 2029. The cloud storage market is expanding with a variety of services from both industry leaders and newcomers. The market is dominated by prominent providers such as Amazon Web Services

Petroleum Tank Cleaning Market Sees Explosive Growth Globally

According to the latest research report published by Market Data Forecast, the global petroleum tank cleaning market was worth US$ 1.04 billion in 2023, and it is estimated to reach a valuation of US$ 1.35 billion by 2029, expanding at an annual growth rate of (CAGR) of 4.40% between 2024 and 2029. Tank cleaning is the process of removing hydrocarbon vapors, liquids, or residues from cargo tanks aboard a tanker. Tank

Wood Chips Market expected to witness a significant growth rate of 7.80% by 2029 …

According to the latest research report published by Market Data Forecast, the global wood chips market size was valued at US$ 11.73 billion in 2023 and is anticipated to reach US$ 18.41 billion by 2029 and increase at a CAGR of 7.80% between 2024 and 2029. The Wood chips market has been developing faster with considerable growth rates over the last few years, and it is anticipated to increase significantly during

Biomass Boiler Market is expected to register exponential growth

According to the latest research report published by Market Data Forecast, the global biomass boiler market size is estimated at US$ 6.74 billion in 2023 to reach a revised size of US$ 18.32 billion by 2029, growing at a CAGR of 18.12% during the forecast period 2024-2029. The biomass boiler is defined as a biomass heating system. It generates heat by burning agricultural and forestry residues, burning logs, wood pellets, and

mHealth Market Pioneers Healthcare Access

The global mHealth market size is expected to be valued at USD 85.20 billion in 2024 and reach USD 391.33 billion by 2029, growing at a CAGR of 35.65% from 2024 to 2029. mHealth is mobile health, the practice of medicine and healthcare over mobile devices, tablets, and computers. mHealth is becoming a popular option in underserved areas with a large population due to the vast usage of phones. Global mHealth Market

OCTG Market expected to witness a significant growth rate of 6.90% by 2029.

According to the latest research report published by Market Data Forecast, the global oil country tubular goods (OCTG) market was valued at US$ 25 billion in 2023 and is anticipated to reach US$ 37.31 billion in 2029, registering a CAGR of 6.90% during the foreseen period from 2024 to 2029. The oil-based tubular products market is predicted to experience strong expansion throughout 2024 -2029 due to increased drilling and production activities.

Smartwatch Market Booms with Innovative Tech

The global smartwatch market size is expected to be valued at USD 80.20 billion in 2024 and reach USD 186.00 billion by 2029, growing at a CAGR of 18.32% from 2024 to 2029. A smartwatch is a wearable electronic gadget with multiple associated functions, mainly emphasizing the integration of technology into our day-to-day lives. These gadgets offer fitness tracking, health monitoring, and various mobile functions. Global Smartwatch Market Report Scope: • Market Size

Concentrator Photovoltaic (CPV) Market is expected to register exponential growt …

According to the latest research report published by Market Data Forecast, the global concentrator photovoltaic (CPV) market size is estimated at USD 987.46 million in 2023 and is predicted to grow at a CAGR of 11.83% between 2023 and 2028. It is predicted to reach around USD 1931.39 million in 2029 during the foreseen period 2024-2029. Photovoltaic technology uses sun energy to create electricity is known as concentration photovoltaics (CPV) or

Hydro Power Market Sees Explosive Growth Globally

According to the latest research report published by Market Data Forecast, the global hydro power market size was estimated at USD 242.83 billion in 2023 and is expected to reach USD 334.82 billion in 2029, and is projected to grow at a CAGR of 5.50% from 2024 to 2029. Hydroelectricity is a clean, sustainable, and readily available source of energy with no negative effects on the environment. The amount of electricity

Dropshipping Market is expected to register exponential growth

According to the latest research report published by Market Data Forecast, the global Dropshipping market is expected to be worth USD 984.4 billion by 2029 from USD 344.04 billion in 2024, growing at a whopping 23.4% CAGR from 2024 to 2029. The technique of selling items through internet sellers who do not have an inventory of goods on hand is known as dropshipping. The wholesaler or manufacturer receives orders from the

API Management Market is expected to register exponential growth

According to the latest research report published by Market Data Forecast, the global application programming interface management (API) market is anticipated to grow from USD 7.44 billion in 2024 to USD 32.97 billion by 2029, recording a CAGR of 34.7% from 2024 to 2029. Legacy contact centers employ antiquated technology that is unable to handle contemporary channels such as social media, mobile app discussions, or video. Application programming interface management (API)

Electric Rope Shovel Market is expected to register exponential growth

According to the latest research report published by Market Data Forecast, the global electric rope shovel market was valued at US$ 1.43 billion in 2023 and is projected to reach a valuation of US$ 2.02 billion by 2029, at a CAGR of 7.12% during the forecast period 2024-2029. The electric rope shovel market would expand significantly. This is a result of improved government legislation, a rise in the market for electric

Cloud-Based Contact Center Market is expected to register exponential growth

According to the latest research report published by Market Data Forecast, the global cloud-based contact center market is expected to grow at a CAGR of 21.8% from 2024 to 2029, and the global market size is predicted to be worth USD 77.15 billion by 2029 from USD 28.78 billion in 2023. Legacy contact centers employ antiquated technology that is unable to handle contemporary channels such as social media, mobile app discussions,

Wellhead Equipment Market is expected to register exponential growth

According to the latest research report published by Market Data Forecast, the global wellhead equipment market was worth US$ 6.11 billion in 2023 and is anticipated to reach a valuation of US$ 8.12 billion by 2029 and is predicted to register a CAGR of 5.85% between 2024-2029. A device attached permanently to the surface of an oil and gas well is known as wellhead equipment. Usually, this equipment joins tubes and

Biopharmaceutical Market serves as a Catalyst for Healthcare Innovation

The global Biopharmaceuticals market size is expected to be valued at USD 250.50 billion in 2024 and reach USD 389.15 billion by 2029, growing at a CAGR of 9.2% from 2024 to 2029. Biopharmaceuticals are complex medicines made from living cells or organisms produced using biotechnological methods. They are considered advanced treatment options for patients. Global Biopharmaceuticals Market Report Scope: • Market Size (2029): USD 250.50 Billion • Market Size (2023): USD 389.15 Billion • CAGR (2024 to

Bioenergy Market Sees Explosive Growth Globally

According to latest research report published by Market Data Forecast, the global bioenergy market size was estimated at USD 123.79 billion in 2023 and is anticipated to reach a valuation of USD 188.29 billion by 2029 and is predicted to register a CAGR of 8.75% from 2024-2029. Bioenergy refers to a renewable energy source made from materials derived from biological sources. The growing concern for the environment and energy security is

Wireline Logging Services Market expected to witness a significant growth rate o …

According to the latest research report published by Market Data Forecast, the global wireline logging services market size is estimated at US$ 30.32 billion in 2023 and is projected to reach a valuation of US$ 45.52 billion by 2029, and is predicted to register with a CAGR of 8.47% over the foreseen period 2024-2029. Wireless logging services make use of an electric cable for lowering tools into a borehole for performing

Fuel Cell Balance of Plant (BOP) Market is expected to register exponential grow …

According to the latest research report published by Market Data Forecast, The global fuel cell balance of plant (bop) market was valued at US$ 1.61 billion in 2023 and is predicted to reach US$ 6.93 billion in 2029, at a CAGR of 33.95% during the foreseen period 2024-2029 The use of Balanced Plant Fuel Cells (BOPs) is escalating in various applications such as automotive, military, infrastructure, and industry. The number of

Power Generation Market expected to witness a significant growth rate of 4.31% b …

According to the latest research report published by Market Data Forecast, the global power generation market was valued at USD 1646.92 billion in 2023 and is projected to reach a valuation of USD 2033.89 billion by 2029, growing at a CAGR of 4.31% during the forecast 2024 to 2029. Power generation is done using conventional/non-renewable and renewable energy sources. While fossil fuels have dominated the world's energy production capacity, alternative energy

HVAC Motors Market Market Sees Explosive Growth Globally

According to the latest research report published by Market Data Forecast, the global HVAC Motors Market size is estimated at USD 17.24 billion in 2023 and is estimated to reach USD 23.23 billion by 2029 and grow with a CAGR of 6.15% during the forecast period 2024-2029. The purpose of the heating, ventilation, and air conditioning (HVAC) motor is to ensure the quiet and efficient operation of HVAC devices. These motors

Groundbreaking Progress Elevates IVF Market to Unprecedented Levels

The global In vitro fertilization (IVF) market size is expected to be valued at USD 3.73 billion thousand units in 2024 and reach USD 7.98 billion by 2029, growing at a CAGR of 16.4% from 2024 to 2029. In vitro fertilization (IVF) is an infertility treatment, a condition in which a woman cannot get pregnant for at least a year, which is common in couples. IVF can also be used to

Solar Cable Market is expected to register exponential growth

According to the latest research report published by Market Data Forecast, The global solar cable market was at USD 880 million in 2023 and is predicted to grow at a CAGR of 14.71% to reach a value of USD 1750 million by the end of 2029, during the forecast period 2024-2029. Solar Photovoltaic energy is an environmentally friendly technology and is predicted to play an important role in solving energy problems.

Alternative Marine Power Market is expected to register exponential growth

According to latest research report published by Market Data Forecast, the global alternative marine power market was worth US$ 1020 million in 2023 and is predicted to reach US$ 2080 million by 2029, with a CAGR of 15.18% between 2024-2029. Alternative Marine Power is an anti-pollution measure that assists in the decrease in air pollution generated by diesel generators. It uses electrical power at the dock as a substitute. It is

Fitness Trackers Market Surges Amid Growing Health Awareness

According to latest research report published by Market Data Forecast, the fitness trackers market will be worth USD 70.05 billion in 2024 and USD 175.04 billion by 2029, growing at a CAGR of 20.1 % from 2024 to 2029. Fitness trackers are wearable devices or computer applications that record people's daily physical activity and provide data about their fitness or health, such as heart rate, calories burned, etc. Global Fitness Trackers Market

Recycled Copper Market expected to witness a significant growth rate of 7.10% by …

According to the latest research report published by Market Data Forecast, the global recycled copper market was estimated at USD 252.64 billion in 2023, and it is expected to reach a revised size of USD 355.95 billion by 2029, with a CAGR of 7.10% over the foreseen period of 2024 - 2029. Secondary processing produces recycled copper of the same quality as the main source mined copper, therefore the two can

Tire Derived Fuel Market Sees Explosive Growth Globally

According to the latest research report published by Market Data Forecast, the size of the global tire derived fuel market was worth USD 430 million in 2023 and is predicted to reach USD 632.4 million in 2029 from USD 458.5 million in 2024, with a CAGR of 6.64% over the foreseen period. The rising cost of fuel will not be coming down anytime soon. In addition, fossil fuel is still the

Innovating Precision Health Spotlight on the Genetic Testing Market

According to latest research report published by Market Data Forecast, the genetic testing market will be worth USD 39.56 billion in 2024 and USD 59.74 billion by 2029, growing at a CAGR of 9.86 % from 2024 to 2029. Genetic testing is a medical test that identifies changes in the genes, chromosomes, or proteins. The genetic test results confirm or rule out a suspected genetic condition or help determine a person's

Solar Panel Market is growing at a brisk pace

According to the latest research report published by Market Data Forecast, the global solar panel market size is expected to grow at a CAGR of 15.18% during the forecast period 2024-2029. The market share was valued at USD 149.18 billion in 2023 and is expected to reach USD 302.42 billion in 2029. The last few years have had a major effect on power output due to population expansion in emerging countries.

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