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Showing posts from June, 2023

Valuation of the Global Distributed Energy Storage System is expected to end up at US$ 10.6 Billion by 2032

  The value of the global market for distributed energy storage systems was US$ 4.2 billion in 2022, and it is anticipated to grow quickly, with a CAGR of 9.6%, to reach US$ 10.6 billion by 2032. By the end of 2021, sales of distributed energy storage systems held around 12% of the worldwide energy storage system market. The market is driven by the increasing prevalence of orthopedic disorders, particularly among the elderly population. The rise in the number of orthopedic surgeries, including joint replacement surgeries, is expected to boost the demand for navigation systems in the coming years. Additionally, technological advancements in navigation systems, such as the integration of robotics, artificial intelligence, and augmented reality, are expected to create new growth opportunities in the market. Download Free Sample Copy of this Report – https://www.factmr.com/connectus/sample?flag=S&rep_id=7670?AS   Key Takeaways from Market Study The global market for distribute...

Medical Waste Containers Demand to Expand at a CAGR of 6% by 2032, Unveils Fact.MR Study

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 An optimistic projection was forecasted for the worldwide medical waste containers market, which is projected to grow 1.8 times during the assessment period of 2021–2031. The industry is anticipated to reach US$ 20 billion by 2021, with non-infectious waste disposal likely accounting for 40% of the overall demand for medical waste containers. Due to the growing number of hospitals, rising patient volume, rising number of diagnostic sample testing in labs, and increased awareness of the advantages of hygienic practices in preventing the spread of infection, demand for medical waste containers is developing in emerging nations. Download Sample Copy of This Report: https://www.factmr.com/connectus/sample?flag=S&rep_id=4819?AS   Key Takeaways Global medical waste containers sales poised to expand at nearly 5.1% CAGR Non-infectious medical waste segment to account for 2/5 th  global market share Pharmaceutical waste segment expected to account for nearly 22% share North A...

Earwax Removal Aid is Predicted to Swell at a CAGR of 10% by 2032: Opines Fact.MR

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  According to Fact.MR, the size of the global earwax removal aid market is estimated to hit US$ 164 Mn, with sales expected to soar at a CAGR of 4% from 2019 to 2029. Over the upcoming years, the market is expected to be driven by the trend of buying earwax removal tools from various online retailers. The primary application of earwax removal aid in medicine is in non-invasive techniques to diagnose and cure transient hearing loss or ear obstruction brought on by earwax impaction. By removing the extra earwax, it aids medical personnel in achieving patient satisfaction. The market is expected to be driven by the rising prevalence of earwax impaction among children, adults, and the elderly population. The market will develop as a result of factors like people’s resistance to routine doctor visits for checkups and their ignorance of how to control impaction. Earwax impaction is a common comorbidity in otolaryngology clinics and impacts about 6% of the global population, according to...

Adoption of PCR and Real-time PCR Molecular Diagnostic Devices is Set to Reach US$ 7.5 Billion by 2033

  From 2023 to 2033, the global PCR and real-time PCR molecular diagnostics market is anticipated to grow at a CAGR of 4.1%. The market is estimated to be worth US$ 5 billion in 2023 and is predicted to grow to US$ 7.5 billion by the end of 2033. Owing to the high frequency of hepatitis C and B, lung illnesses, and sexually transmitted infections, testing for infectious diseases is projected to increase with time. Molecular diagnostics using polymerase chain reaction (PCR) have become increasingly popular in recent years. PCR testing is incredibly successful at detecting the pathogenic DNA for many communicable diseases. To develop treatments for severe illnesses, the application of PCR and RT-PCR testing is being broadened. Download Sample Copy of This Report: https://www.factmr.com/connectus/sample?flag=S&rep_id=5247?AS Key Takeaways from PCR and Real-time PCR Molecular Diagnostics Market Testing for infectious diseases is expected to gain impetus due to rising prevalence of ...

Tissue Expanders Industry is Projected to Achieve a Market Size of USD 1,332.9 Million by 2032

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  A recent Fact.MR analysis projects that between 2022 and 2032, the global market for tissue expanders will expand at a 7.1% compound annual growth rate (CAGR). By the end of 2032, the market is anticipated to reach USD 1,332.9 Mn. The market for tissue expanders is anticipated to grow over the course of the forecast period, reaching a value of USD 668.2 Mn by the end of 2022. Growth of the global global tissue expanders market is mainly bound to various macro-economic and micro-economic factors. Increasing number of breast removal attributed to breast cancer surgeries is projected to rev up demand for tissue expanders globally. World Cancer Research Fund states that breast cancer accounts for nearly 25% of the new cases of cancer and is a common type of cancer globally. Growing need to improve the aesthetic beauty is further expected to contribute towards the global market growth of tissue expanders. Breast tissue expanders continue to remain increasingly preferred and highly pop...

Global Market for Deception Technology is Predicted to Touch US$ 7.5 Billion by 2033

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  Fact.MR, a market research and competitive intelligence provider, reveals that the global deception technology market is set to achieve a valuation of US$ 7.5 billion by 2033, expanding at 14.1% CAGR from 2023 to 2033. Deception technology is a type of cybersecurity defense tactic that seeks to confuse attackers by disseminating a series of decoys and traps throughout a system’s infrastructure to imitate real assets. Deception technology has several advantages, including shortening the average time to identify and remediate threats, lowering attacker dwell time on the network, creating metrics around indicators of compromise (IOCs), decreasing alert fatigue, and tactics, techniques, and procedures (TTPs), etc. As a result, it has numerous applications in fields such as information technology (IT), banking, financial services and insurance (BFSI), and defense. Download Free Sample Copy of This Report: https://www.factmr.com/connectus/sample?flag=S&rep_id=8228?AS Incr...

Sales of Cool Roof Coatings is Projected to Increase at a CAGR of over ~7.4% by 2032

  According to the latest Fact.MR analysis, the global cool roof coating market size is estimated to be worth around  US$ 4.5 Bn  in 2022. With blooming residential and commercial industries, the overall market is anticipated grow at a healthy CAGR of 6.8% between 2022 and 2032, reaching a valuation of  US$ 8.3 Bn  by 2032. Growing demand for cool roof coatings across commercial and residential sectors, increasing consumer awareness regarding the benefits of cool roof coating, advancement in cool roof coating technology and favorable government support are some of the factors driving the global cool roof coating market. Download Sample Copy of This Report: https://www.factmr.com/connectus/sample?flag=S&rep_id=2364?AS   In a modern world where energy prices are skyrocketing, cool roof coatings have become ideal solutions for both reducing energy consumption as well as costs. They have gained huge traction in the growing green construction sector. Co...