Jun 30, 2020
Mobile Water Treatment Systems Market Set to Grow 2.4X by 2030; Revenue Growth Faces a Slight Slowdown During Pandemic, Finds Fact.MRThe mobile water treatment systems market is estimated to be valued at US$ 1,543.1 Mn in 2020 and add value worth US$ 1,952.0 Mn during the forecast period (2020-2030). The global mobile water treatment systems market is expected to be benefited from rapid development of industrial as well as rural sectors.
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Jun 29, 2020
Ice Hockey Equipment Market to Grow 1.9X by 2030, Manufacturers to Prioritize Online Sales Channels, Finds Fact.MRIn recent years, increasing popularity of ice hockey in the U.S. and Canada has been significantly influencing growth of the ice hockey equipment market. With an increase in disposable income of the majority of the population in these countries, the inclination towards the sports of ice hockey is expected to grow. Moreover, aspiring and affluent households have increased their spending on products and apparel for several outdoor sports such as ice hockey, thereby potentially raising the demand for ice hockey equipment.
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Jun 29, 2020
Oligonucleotide Synthesis Market on a Positive Growth Trajectory, Supported by Developments in Synthetic Chemistry, Projects Fact.MRIntegrated DNA Technologies, for instance, is a company extensively engaged in the development of oligonucleotides up to 200 base length, suitable for usage in manufacturing mini-genes. Based on these trends, the global oligonucleotide synthesis market is poised to propel towards positive growth, registering a staggering CAGR of 11.3% during the forecast period (2020-2025).
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Jun 25, 2020
Sales of Isobutylene to Ride on Gas Permeability Quotient; Uptake by End-use Industries Limited by COVID-19 Outbreak: Fact.MRThe global isobutylene market is poised to record a CAGR of 5% during the forecast period (2020-2030). Attributed to excellent resistivity against water, steam alkalis, and oxygenated solvents, isobutylene has emerged as a material of choice in the rubber industry. Demand for isobutylene in the rubber industry is further gaining a boost from its bundled benefits such as low gas permeation and high-energy absorption (dampening) coupled with high hot tear strength.
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Jun 25, 2020
Pre-COVID-19 Forecast of Casing Centralizers Market Pegged at 3.9% CAGR Through 2030, Demand Suffers a Slight Drop During the Pandemic, Projects Fact.MRThe casing centralizers market is estimated to be valued at US$ 462.3 million in 2020 and add value worth US$ 215.9 million by 2030, expanding at a CAGR of 3.9% during the forecast period (2020-2030). Demand for casing centralizers remains driven by the discoveries of new oil & gas fields across the globe.
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Jun 23, 2020
Copyright Licensing Market to Grow 1.6X by 2030, Significant Expansion of Film & Entertainment Industry Remains Key Growth LeverStrong involvement of film and entertainment industry with technological developments has paved the way for rapid innovations in the industry, which results in increased need to implement and execute compatible licenses and regulations. Apart from music and films, copyright licensing of literature work continues to gain significant momentum to protect original works of authorship. Moreover, mounting demand for protection of content and credibility of author has facilitated numerous growth opportunities for companies active in the copyright licensing market.
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Jun 23, 2020
Mist Eliminator Market Set to Grow 1.4X by 2030; Demand Witnesses a Marginal Decline Amid COVID-19 PandemicThe global mist eliminator market is estimated to be valued at ~US$ 592 Mn in 2020 and surpass US$ 846 Mn by the end of the forecast period (2020-2030). Demand for mist eliminators continues to gain a boost from the expansion of power generation and chemical industry in Asian countries such as China, Japan, and India. This, in turn, is anticipated to create significant opportunities for the players in the mist eliminator market by the end of 2030. However, due to the recent COVID-19 outbreak, the mist eliminator market is experiencing significant setbacks in 2020, as the uptake by end-use industries moves on a downward trend.
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Jun 22, 2020
Diabetic Neuropathy Market to Register 5.6% CAGR Through 2025; Revenue Growth Remains Unscathed by COVID-19 Pandemic, Infers Fact.MROver the years, incidence of diabetes has increased globally. As of 2019, nearly one-tenth of the global population was afflicted by this deadly disease. Adoption of sedentary lifestyles and a decline in the consumption of a balanced diet are key factors driving the prevalence of diabetes. As a result, the number of patients seeking treatment has augmented. Various pharmaceutical companies are investing in anti-diabetic drugs to address this problem.
The introduction of novel drugs such as Nucynta ER and Lyrica is anticipated to be a major growth driver for the global diabetic neuropathy market. Moreover, rising insurance coverage to neuropathic pain drug companies will continue to augment market prospects. The global diabetic neuropathy market is poised to expand at a CAGR of 5.6% during the forecast period (2020-2025).
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Jun 18, 2020
Monopolar Electrosurgery Market Set to Expand at 4% CAGR Through 2025, Buoyed by Rise of Minimally Invasive Surgeries: Fact.MROver the years, preference for minimally invasive surgical procedures has increased. This is attributed to several technological advancements to reduce trauma to patients. Growing adoption of laparoscopic procedures for colorectal cancer surgery, hernia repair, and plastic surgery has augmented demand for monopolar electrosurgical devices. In addition, automation in laparoscopic procedure has provided immense boost to its growing acceptance.
On the back of the aforementioned trends, the global monopolar electrosurgery market is set to embark on a moderate growth path, expanding at a CAGR of 4.1% during the forecast period (2020-2025). Furthermore, rise in demand for cost-effective monopolar electrosurgery devices in developing economies due to increase in laparoscopic procedures is also anticipated to fuel the global monopolar electrosurgery market growth.
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Jun 16, 2020
Global Spending on Medical Education to Increase Rapidly Through 2027, Popularity of Online Mode of Training Drives Market Growth During Pandemic: Fact.MRThe medical education market is poised to expand at a CAGR of 4.2% during the forecast period (2020-2027). Rising investments in healthcare infrastructure has led to the dissemination of quality medical education around the world. The ongoing novel coronavirus pandemic is also anticipated to significantly influence the market prospects of medical education, attributed to increased usage of online educational fora.
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Jun 16, 2020
Dibenzyl Toluene Market Pegged at US$ 54 Mn Value Pool in 2020; Application as Heat Transfer Fluid Set to Drive Revenue GrowthThe dibenzyl toluene market is currently valued at more than US$ 54 Mn and is projected to grow at a CAGR of 3.4% over the forecast period (2020-2030). Dibenzyl toluene is one of the key components for maintaining proper temperatures in closed equipment and systems. Moreover, demand for dibenzyl toluene for its application as dielectric and heat transfer fluid in South Asia & Oceania and East Asia is increasing on a significant pace, owing to rise in chemical, petrochemical, and pharmaceutical production in these regions.
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Jun 15, 2020
Industrial Silica Sand Market Value Set to Surpass US$ 13 Bn Mark in 2020, Glass Industry Remains Key End User, Says Fact.MRThe industrial silica sand market is estimated to be valued at more than US$ 13 Bn in 2020 and grow at a CAGR of 4.4% over the forecast period of 2020-2030. Industrial silica sand is an essential raw material in manufacturing glass products which provides strength, colour, clarity, and other physical properties to the glass. Moreover, its extensive application in masonry products manufacturers and growing requisite in regions such as South Asia & Oceania have generated significant growth opportunities for market players.
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Jun 12, 2020
Cryogenic Submerged Motor Pumps Market Remained in Good Shape in 2019, Production and Sales Take a Downturn amid COVID-19 Pandemic, Projects Fact.MRThe cryogenic submerged motor pumps market is estimated to be valued at US$ 1,762.4 million in 2020 and add value worth US$ 714.4 million during the forecast period. Pre-COVID-19 forecast of the cryogenic submerged motor pumps market pegged at a CAGR of 3.5% for the period of 2020-2030. However, the market is expected to face a downtrend in 2020 till the COVID-19 subsides.
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Jun 12, 2020
Titanium Dioxide Nanoparticles Demand to Grow Rapidly, Decline in Demand for Cosmetic Products During COVID-19 to Affect Revenue Growth: Fact.MRThe titanium dioxide nanoparticles market value is estimated to surpass US$ 458.5Mn in 2020 and grow at a CAGR of 6% during the forecast period (2020-2030). Titanium dioxide nanoparticles are a key material used in cosmetics and beauty products which offer brightening and whitening properties. An increased interest in nanotechnology along with an extensive application of titanium dioxide nanoparticles in various fields is significantly contributing to the market growth.
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Jun 12, 2020
Non-GMO Soy Protein Market Set for Healthy Growth Post COVID-19 Pandemic, Plant-based Protein Trend Remains a Turning Point for Manufacturers: Fact.MRThe non-GMO soy protein market is estimated to be valued at US$ 2.3 Mn in 2020 and grow at a CAGR of nearly 4% during the forecast. A growing number of health conscious consumers inclining towards plant-based protein and aligning with clean label trend are significantly contributing to the non-GMO soy protein market growth.
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Jun 12, 2020
Yellow Pea Protein Sales to Ride on High Popularity of Meat Alternatives, Market Sees a Downtrend in 2020 as COVID-19 Suspends Production: Fact.MRThe global yellow pea protein market is anticipated to reach a valuation of over US$ 3 Bn by 2030, with the growth rate pegged at over 5% during the forecast period (2020-2030). In the recent past, yellow pea protein has found its application in several segments of the booming food & beverage industry. With consumers continuing to push for both healthier and more sustainable diets, room for continued growth of the yellow pea protein market is inevitable.
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Jun 12, 2020
Detergent Polymers Market Set to Register 5% CAGR Through 2030, High Application Potential Identified in Liquid Detergent Production, Says Fact.MRThe global detergent polymers market is poised to witness a CAGR of 5% during the forecast period (2020-2030). Superior soil removal and exceptional whitening properties offered by detergent polymers have become talk of the town among detergent manufacturers. Detergent polymers have emerged as ingredient of choice in detergent manufacturing process, to regain product performance at lower built formulations. Further, detergent polymers are considered as the only material which offers non-phosphate detergent formulations. This will not only reduce the burden of environmental regulations on detergent manufactures but also decrease water and energy consumption while washing.
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Jun 11, 2020
Medical Device Contract Manufacturing Market Set for Strong Growth, Production Focus Directs Towards Ventilators During Pandemic: Fact.MRThe medical device contract manufacturing market is poised to expand at a CAGR of 11.3% during the forecast period (2020-2026). This is attributed to rapidly evolving healthcare industry and increasing adoption of technologically advanced surgical procedures. A number of original equipment manufacturers (OEMs) and contract manufacturers have been focusing on advanced technologies such as robotics, 3D-printing, and minimally invasive surgeries.
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Jun 11, 2020
Surgical Instrument Tracking Market Set to Grow 5.1X by 2030, Uptake by End User Declines in 2020 Due to COVID-19The surgical instrument tracking market remains driven by the increased level of automation in the healthcare industry. Rapid expansion of the healthcare infrastructure in developing countries such as China and India is expected to influence the market growth during the forecast period (2020-2030).
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Jun 08, 2020
Medical Device Technologies Market to Expand at 4.6% CAGR Through 2025, Revenue Growth to Face Slowdown During the Pandemic: Fact.MRThe medical device technologies market is poised to embark on a moderate growth trajectory, expanding at a CAGR of 4.6% during the period (2020-2025). Rising preference for minimally invasive surgeries is anticipated to fuel the market growth in the future. Such procedures are increasingly utilizing technologies such as robotics to achieve precision in surgical operations. In addition, the usage of medical images has augmented within all health systems.
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Jun 08, 2020
Viral Antigens Market to Exhibit 9% CAGR through 2030, Buoyed by Launch of Rapid Diagnostic Kits for COVID-19 TestsThe advent of advanced therapies and test kits that employ the use of virus components such as antigens has paved way for the treatment several diseases. In recent years, the viral antigens market has been witnessing substantial investments, robust R&D activities and strategic collaborations. In 2018, ACROBiosystems announces collaboration with ProMab Biotechnologies for immunotherapy research using viral antigens for vaccine development and launch of new diagnostic kits.
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Jun 05, 2020
Sales of Hams to Expand at 3% CAGR Through 2030, Market Growth Stifles in 2020 Due to Mass Closures of Foodservice Industry, Finds Fact.MRThe global hams market is anticipated to reach a valuation of over US$ 47billion by 2030, growing at a CAGR of over 3% during the forecast period (2020-2030). A spike in number of food outlets and quick service restaurants (QSRs) across the globe continues to fuel the global hams market growth. Manufacturers of hams are benefiting directly from increased consumer demand for processed meat products and improved cold chain systems.
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Jun 05, 2020
Motor Driver IC Market to Grow 1.8X by 2030, Demand Suffers Slight Drop in 2020 Due to COVID-19 PandemicGlobal motor driver IC market is projected to register a CAGR of 6.2% during the assessment period (2020-2030) and hit a valuation of ~US$ 1.6 Bn by 2030-end. As conventional consumer media devices are increasingly replaced by smart electronics dedicated for specific functionality, demand for motor driver IC continues to move on an upward swing. With rapid penetration of consumer electronics and the rise of autonomous robots, key players are targeted towards customized offerings to maintain a strategic position in the market.
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Jun 04, 2020
MEMS (Micro-Electromechanical System) Sensor Market to Grow 3.3X by 2027; COVID-19 Continues to Challenge Production CapacityThe global MEMS sensors market is projected to grow 3.3X to hit the market valuation of ~US$ 75 Bn by the end of assessment period (2020-2027). Consumer electronics remain key application area of MEM sensors, and account for a majority of the total market value. Mounting demand for customized and intelligent cars has resulted in opening up numerous opportunities for MEMS sensor market players. Furthermore, advancement in telecom industry and introduction of NGN along with increasing popularity of FTTH services have resulted in increasing demand for MEMS sensors as optical sensors.
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Jun 03, 2020
Fast Food Consumption to Remain Pivotal to Processed Cheese Market Growth, Market Pegged at 4% through 2029, Finds Fact.MRThe global processed cheese market is anticipated to reach a value pool of over US$ 24.0 billion in 2029, with growth rate pegged at over 4.4% during the forecast period (2020-2029). An upsurge in the number of foodservice chains and outlets has been playing a key role in the accelerated demand for processed cheese. The distinct flavor profile of processed cheese has made it a popular ingredient in myriad cuisines. The growth of fast food chains in the Asia Pacific and Latin American countries has led to an increased sourcing of processed cheese in these regions.
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Jun 03, 2020
Global Advance Wound Care Market to reach nearly US$ 15 Billion by 2030, Market to Stay Afloat During COVID-19 Crisis, Projects Fact.MRThe global advance wound care market was valued at US$ 10 Bn in 2019 and is poised to expand 1.4x by 2030, to reach a value pool of almost US$ 15 Bn. The high prevalence of chronic wounds has leveraged the utilization of advanced wound care products. Wound cleansers, foam dressings, and honey dressings in hospitals are boosting revenue growth of the global advance wound care market. According to IDF, diabetic ulcers have shown a rapid increase in the last decade. IDF has stated that the prevalence of diabetic ulcers is growing by 9% annually.
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Jun 03, 2020
Sales of Food Preservatives on an Upswing, Uptake by F&B Manufacturers Limited by COVID-19 Crisis, Finds Fact.MRThe food preservatives market is expected to register a moderate CAGR of 4% during the forecast period (2020-2030). Gains remain primarily driven by increased demand for food products with longer shelf life. The rise of on-the-go culture along with sprung in the number of working population has been significantly contributing to the market growth.
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Jun 03, 2020
COVID-19 Pandemic to Open New Avenues for Global CRISPR and Cas Genes Market Growth, Predicts Fact.MRAs the COVID-19 pandemic tightens its grip on the world, healthcare providers and practitioners are racing against time to find reliable diagnosis and cures for the deadly disease. The pandemic has especially broadened the growth prospects of the global CRISPR and Cas genes market, projected to expand at a stellar 21.2% CAGR during the forecast period (2020-2026). Various clinical trials and research studies have proved that adoption of CRISPR-Cas testing yields more accuracy, with 95% positive predictive agreement and 100% negative predictive agreement. The test scores over the conventional RT-PCR tests, which are prone to massive fluctuations. CRISPR-based diagnostics have been gaining momentum since the past two years, and the ongoing pandemic is only adding further impetus to the market.
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May 28, 2020
Microbreweries and Large-Scale Corporate Breweries to Create Opportunities for Specialty Malt Market despite Sluggish Growth in Near Term, Concludes Fact.MRMicrobrewery is a brewery that produces small amounts of beer as compared to large-scale corporate breweries, and is independently owned. According to the US Brewers Association, significant growth opportunities exist in the microbrewery industry. Specialty malt is a major ingredient in crafted beers, which adds flavor and color to the final product. Based on these trends, the market for specialty malt is slated to grow at a positive 6% CAGR during the forecast period (2020-2030).
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May 28, 2020
Metal Packaging Coatings Market to Exhibit Steady Growth at ~5% on the back of Escalating Demand for Beverage Cans, Projects Fact.MRThe global metal packaging coatings market is set to record a CAGR of ~5% during the forecast period (2020-2030). Proper food and flavor protection, outstanding adhesion and flexibility in coating formulations has leveraged the demand for metal packaging coatings in the can manufacturing and coating formulating industries. Moreover, the preference for green manufacturing will create a robust environment for metal packaging coatings as they are free from toxic chemicals like epoxy and BPA.
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May 28, 2020
Submersible Pump Market’s Near Term Outlook to Remain Stunted owing to COVID-19 crisis, Market to surpass US$ 12.2 Billion through 2030, Infers Fact.MRThe global submersible pump market was valued at US$ 8.7 billion in 2020 and it is anticipated to add value worth US$ 3.5 billion during the forecast period. The outbreak of COVID-19 will leave a residual impact on the long-term outlook of the market with growth projected at a sluggish CAGR of 3.4% through 2030. Stunted growth is foreseen due to latency in application industries amid stringent lockdowns in many countries.
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May 28, 2020
Global Medical Waste Containers Market to Expand 1.4x through 2026, Innovations in Leak-proof Containers Sustaining Growth, Concludes Fact.MRThe global medical waste containers market is forecast to expand 1.4x at a CAGR of 5.1% during the forecast period (2020-2026). Medical waste disposal and management is a major concern globally. Several governmental, non-governmental and community level organizations have collaborated to assist hospitals and other healthcare institutions to manage their waste. These bodies are actively engaged in recycling, collection and disposal of medical waste.
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May 26, 2020
Industrial Trucks Market to Record Muted Sales in Short Term, Market to Rebound Strongly with Sales Pegged at US$37 Bn through 2030, Projects Fact.MRThe global industrial trucks market was estimated to reach a valuation of US$ 20 Bn by 2020 end. However the most visible impact of COVID-19 has been on the automotive sector. Presently sales of industrial trucks have plummeted considerably with manufacturers scrambling to secure some capital or investor money to circumvent the crisis. Despite this, the long term outlook for the industrial trucks market looks good with the market pegged to surpass US$ 37 Bn by the end of the forecast period (2020-2030).
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May 26, 2020
Image Guided Surgery Devices Market to Record 6% Growth through 2025, Market Impacted with Deferment of Elective Procedures amid COVID-19 Crisis, Opines Fact.MRWith the growing incidences of chronic conditions such as neurological disorders, cancer and other life-threatening diseases, the market for image guided surgery devices is set to gain traction. The market is anticipated to expand at a healthy CAGR of 6.0% across the forecast period (2020-2025). This growth is attributed to a burgeoning preference for minimally invasive surgical procedures which are expected to generate better clinical outcomes.
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May 26, 2020
Global Contract Lifecycle Management Market is set to Grow Three-Fold by 2030, backed by Advancements in Telecom & IT Industry, Opines Fact.MRFact.MR reveals in its newest report that the contract lifecycle management market will experience ~3.5X growth to hit a valuation of ~US$ 2.4 Bn by 2030. Rapid developments in new technologies such as hybrid cloud solutions, have made access to new markets easier and more cost-effective. With the help of these innovations, one can manage contracts in real time, providing more visibility, choice and control over cloud, electronic repository, and other infrastructure.
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May 25, 2020
Trace Moisture Generator Market’s Near Term Outlook to Remain Stunted owing to COVID-19 crisis, Market to surpass US$ 6.2 Mn through 2030, Infers Fact.MRThe global trace moisture generator market was valued at US$ 19.9 million in 2020 and is anticipated to add value worth US$ 6.2 million during the forecast period. The impact of COVID-19 will leave a residual impact, with growth projected at an abysmal 2.7% through 2030. This is largely attributed to latency in end use industries amid stringent lockdowns in many countries. Trade suspensions to prevent the spread of COVID-19 has drastically impacted the market, resulting in a sharp dip in overall revenue.
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May 25, 2020
Sales of Medical Dynamometers to Soar through 2026, Market to Experience Marginal Crunch amid COVID-19 Pandemic, Infers Fact.MRThe global medical dynamometers market exhibits a positive growth trajectory, expanding at a CAGR of 7.7% between 2020 and 2026. Growth of the market is associated with an increasing prevalence of orthopedic disorders. According to the International Osteoporosis Foundation, the disease is responsible for nearly nine million fractures annually, with an osteoporotic fracture every three seconds. By 2050, the global incidence of hip fracture is projected to increase by over 300% in men and over 200% in women.
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May 22, 2020
Dielectric Gases Market Value to Expand 1.8X through 2030, Demand Dynamics to Present Grim Outlook with COVID-19 Impact, Opines Fact.MRPoised to surpass US$ 110 Mn by 2020, our expert analysis anticipates a grim outlook in near-term with the unabated trajectory of the COVID-19 pandemic. In the long-term forecast however the market will grow at a steady clip of 8%. Dielectric gases are prominent gases used in power utilities to protect equipment from sudden quenching of high voltages. Though high voltage applications capture a significant share in the market, utilization of dielectric gases in extra and ultra-high voltage applications are proliferating.
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May 22, 2020
Plasma Fractionation Market to Expand 1.5x through 2026, Convalescent Plasma (CP) Treatment amid COVID-19 to Inject Hope, Concludes Fact.MRFact.MR forecasts bullish prospects for the plasma fractionation market. The utilization of immunoglobulins has augmented in the last few years. Plasma-derived immunoglobulins are giving a new narrative to healthcare across a wide range of autoimmune and inflammatory diseases. This widespread applicability is anticipated to leverage market prospects for plasma fractionation, pegged to witness a noteworthy 7% CAGR.
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May 22, 2020
Vending Machines Market to Record a Dexterous 6% Growth through 2030, Market to Rebound in the Aftermath of COVID-19, Infers Fact.MRIn the past two decades, customer shopping behavior has drastically altered. Retail outlets and grocers have largely remained immune to digital disruption until now. Seizing opportunities are vending machines. In all its glory, the vending machines market is riding the wave of profitable growth with seamless dispensing of beverages, confectionery and food. Projected to grow at a dexterous 6% during the forecast period (2020-2030), the vending machines market are globe-trotting on an innovative operating model. Further, high investments in cashless transactions are giving significant traction to the vending machines market.
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May 22, 2020
Uptake of Compact Tractors Impacted by COVID-19, Market to Remain Dormant in Near Term, Projects Fact.MRInitially pegged at US$ 28.3 billion in 2020 and expected to add value worth US$ 10.8 billion during the forecast period, the compact tractors market is slated to show a bearish trend at a CAGR of 3.3% amid the COVID-19 pandemic. Fact.MR’s analytical research estimates that the market will witness acute dormancy due to the anticipated global economic slowdown and nationwide lockdowns to halt the spread of the virus. Landscaping companies are staring at a bleak future with shuttered facilities and stilted operations. This has generated significant shortfalls in demand and consumption of compact tractors market.
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May 21, 2020
Global Constipation Laxative Market Remains Afloat amid COVID-19 Pandemic, to Surge Positively, Projects Fact.MRThe global constipation-laxative market was valued at US$ 5.9 Bn in 2019, and is expected to witness a CAGR of 5.7% during the forecast period (2020 – 2030). The adoption of Sedentary lifestyles have induced unhealthy eating habits and inadequate exercise. As a result of prolonged inactivity, water consumption has also diminished. Since water is an important element to regulate proper bowel movement, its absence has led to increased incidences of constipation and other irregular bowel movements.
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May 21, 2020
Milk Thistle Supplements Market Receives Tailwinds as Sales of Herbal Supplements Soar, Market to Witness Plummeting Sales in US During COVID-19 crisis, Projects Fact.MRThe global milk thistle supplements market is estimated to surpass the value of US$ 178 Mn by 2030 end, gaining significant traction in the diverse herbal supplements industry. The recently published report by Fact.MR estimates that the global milk thistle supplements market is projected to witness a positive growth rate of ~7.4% over the long term forecast period (2020-2030). One of the active ingredients of milk thistle supplements is silymarin which is known to have antioxidant properties,
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May 21, 2020
Stringent Regulations by Government Bodies to Stimulate Medical Waste Management Market Growth, COVID-19 to Fuel Demand for Medical Waste Management, Projects Fact.MRThe medical waste management market is poised to expand steadily, growing at a CAGR of 5.1% across the forecast period (2020-2025). As healthcare infrastructure has started to develop, the number of surgical procedures for treating various chronic and infectious diseases have also increased. This has necessitated the safe disposal of medical waste generated during the surgical process.
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May 20, 2020
Global Ocular Drug Delivery Technology Market to Expand 1.4x, Significant Shortfalls in Drug Delivery Technology Anticipated in COVID-19 Crisis, Projects Fact.MRIt is anticipated that glaucoma cases will surpass 100 million by 2040, while macular degeneration shall reach nearly 200 million by 2020-end. These increasing cases are poised to heighten prospects for ocular drug delivery market in the forecast period (2020-2025).
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May 20, 2020
Gas Separation Membrane Set to Become Key Purification Method in Oil and Gas Processing, Market to Witness Demand Shock amid COVID-19, Concludes Fact.MRThe global gas separation membrane market is poised to witness a CAGR of ~8% during the forecast period (2020-2030). Gas separation membranes have emerged as a key processing and purification method in natural gas processing plants and refineries, generating ample opportunities for gas separation membrane manufacturers. Besides, chemical and petrochemical industries, power generation industry and biogas treatment plants also use gas separation membranes.
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May 19, 2020
Global Oncology Biosimilars Market to Experience Marginal Downturn amid COVID-19, Set to Pick Pace in the Aftermath, Projects Fact.MRThe demand for oncology biosimilar drugs has augmented in recent years. This is attributed to the rising prevalence of various types of cancers across the world. In addition, existing anti-cancer drugs in the pipeline are quite expensive, thus rendering them unaffordable to people in lower and middle income countries. As a consequence, the market for biosimilars has burgeoned.
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May 18, 2020
Medical Holography Market to Surge, Finds Significant Potential in Diagnosis of COVID-19, Projects Fact.MRThe medical holography market is set to record impressive growth, expanding at a whopping CAGR of 34.0% during the forecast period (2020-2026). The high adoption of holographic devices for diagnosing chronic conditions such as cardiovascular diseases and cancer, rising financial impetus from government and private organizations and a surging geriatric population pool having chronic conditions are attributed as important growth levers.
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May 18, 2020
Global Ophthalmic Drugs Market to Expand Modestly, on Back of Increasing FDA Approvals for Novel Drugs, Concludes Fact.MRThe global ophthalmic drugs market is anticipated grow moderately, at a CAGR of 4.2% during the forecast period (2020-2025). Visual impairments have increased across the world, owing to a multitude of factors. Varying in degree, visual impairments are a global health concern, affecting individuals physically and psychologically.
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May 18, 2020
Reinforced Thermoplastic Pipes to Exhibit Steady Growth at 5%, with Escalating Demand for High Pressure Applications, Says Fact.MRThe reinforced thermoplastic pipes (RTP) market is steadily gaining traction and is set to become a 21st century pipeline solution. The market is poised to expand at a CAGR of ~5% during the forecast period (2020-2030). Reinforced thermoplastic pipes’ high immunity to corrosion and ability to withstand high pressure up to 450 bar is providing impetus to their demand across various end use applications.
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