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Showing posts from February, 2024

Castrate Resistant Prostate Cancer Market is Anticipated to Witness High Growth Due to Increasing Prevalence of Prostate Cancer

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Castrate Resistant Prostate Cancer Market  Castrate resistant prostate cancer is an advanced stage of prostate cancer that does not respond to androgen deprivation therapy. Increasing prevalence of prostate cancer and rising demand for advanced treatment options are major factors contributing to growth of the castrate resistant prostate cancer market. The Global Castrate Resistant Prostate Cancer Market Demand is estimated to be valued at US$ 12.82 billion in 2024 and is expected to exhibit a CAGR of 6.6% over the forecast period from 2024 to 2030. Prostate cancer is one of the most commonly occurring cancers in men. According to the National Cancer Institute, there were around 268,490 new cases of prostate cancer in the United States in 2022. Androgen deprivation therapy is the standard treatment for advanced prostate cancer. However, in many cases the cancer becomes resistant to androgen deprivation over time and continues to progress, leading to castrate resistant prostate cance

The Global Shipbroking Market is witnessing growth by Rise of Automation in Shipping Industry

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  Shipbroking Market The shipbroking market involves the sale and purchase of ships and chartering of ships. Shipbrokers act as intermediaries between ship owners and charterers in the sale, purchase, and chartering of ocean-going vessels. Shipbroking services include sale and purchase brokerage, dry bulk brokerage, tanker brokerage, LNG/LPG brokerage, and container brokerage. The increasing global seaborne trade and large order books of container vessels and dry bulk carriers are driving the demand for shipbroking services. The Global Shipbroking Market is estimated to be valued at US$ 289.53 Bn in 2024 and is expected to exhibit a CAGR of 10.% over the forecast period from 2024 to 2030. Key Takeaways Key players operating in the Global shipbroking market Demand are Doosan Heavy Industries & Construction,Toyota Turbine and Systems Inc.,Ballard Power Systems Inc.,Mitsubishi Electric Corp. ,Suzlon Energy Ltd.,Vestas Wind Systems A/S,Rolls-Royce Plc,Capstone Turbine Corp.,Sharp C

Self-heating Food Packaging Market is Anticipated to Witness High Growth Owing to Rising Demand for Convenient Packaged Food

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Self-heating Food Packaging Market  Self-heating food packaging can be defined as packaging which enables the food product to be heated safely and uniformly without any external heating source. The packaged food items contain metal-based chemicals that react together through an oxidation process to generate heat when mechanically initiated. This provides users with a convenient way of heating up ready meals in the packaging itself. The need for convenient food options has been rising drastically with changing lifestyle patterns and increasing number of nuclear families. Self-heating food packaging offers an excellent solution by allowing users to heat foods within the sealed packaging, eliminating the need for microwave ovens, stoves or any other heating devices. The Global self-heating food packaging market Demand is estimated to be valued at US$ 70.69 Mn in 2024 and is expected to exhibit a CAGR of 5.7% over the forecast period 2024 to 2030. Key Takeaways Key players operating in

Self-care Medical Devices Market set to witness high growth driven by remote patient monitoring trends

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  Self-care Medical Devices Market The Self-care Medical Devices Market is primarily engaged in the manufacturing and distribution of medical devices for self-care treatment. Some of the key products in this market include blood glucose meters, blood pressure monitors, nebulizers, pulse oximeters, pedometers, thermometers, and other home-use medical devices. These devices enable patients to conveniently monitor vital health parameters and manage chronic conditions from the comfort of their homes. The global Self-care Medical Devices Market is estimated to be valued at US$ 25.69 Mn in 2024 and is expected to exhibit a CAGR of 4.6% over the forecast period from 2024 to 2030. Key Takeaways Key players operating in the Global Self-care Medical Devices Market Demand are Hans Zipperle AG, Archer Daniels Midland Company, Kerry Group, Sensient Technologies, AGRANA Beteiligungs-AG, Kanegrade Natural Ingredients, Taura Natural Food Ingredients, Olam International Limited, Sunopta, Inc., Roq

Rigid Knee Braces Market Growth Trends by Rising Sports Injuries

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Rigid Knee Braces Market The rigid knee braces market comprises medical devices used to support injured or weakened knees. Rigid knee braces provide stability and immobilization to knees through rigid plastic or metal frames surrounding the knee joint from all sides. They are commonly prescribed for athletes recovering from injuries like tears in ligaments or fractures. Rigid knee braces offer more structural support than soft braces through their durable frames. The Global Rigid Knee Braces Market Share is estimated to be valued at US$1142.1 million in 2024 and is expected to exhibit a CAGR of 6.6% over the forecast period between 2024 to 2030. Key players: Key players operating in the rigid knee braces market include Mueller Sports Medicine, Inc., DJO Global, LLC, ACE Brand, Tynor Orthotics Private Limited, 3M Science, Mava Sports, Bauerfeind AG, Breg, Inc., Ossur, Thuasne USA, Zimmer Biomet, Kao Chen Enterprise Co., Ltd, Össur, Orthosys, Bauerfeind USA Inc., Orliman S.L.U., Ste

The Global PACS and RIS Market is Anticipated to Witness High Growth Owing to Growing Adoption of Radiology Information Systems (RIS) and Picture Archiving and Communication System (PACS)

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Global PACS and RIS Market  The PACS and RIS market covers products related to radiology information systems (RIS) and picture archiving and communication systems (PACS). RIS and PACS systems are used in hospitals and diagnostic centers to digitally store, manage and track patient's radiological images and reports. PACS helps in managing the digital images of X-ray, MRI, CT scan and other radiology tests by facilitating the electronic transfer of images from the diagnostic devices to viewing workstations. RIS is used to store, manage and track patients' radiology diagnostic reports and images. It assists radiologists and other healthcare providers in scheduling patients for radiology exams, tracking ordered exams and managing workflow. The Global PACS and RIS Market Demand is estimated to be valued at US$ 4212.87 Mn in 2024 and is expected to exhibit a CAGR of 7.4% over the forecast period 2024 to 2030. Key Takeaways Key players operating in the PACS and RIS market are 3A

Vegan Food Market is Estimated to Witness High Growth Owing to Rising Health Consciousness

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  Vegan Food Market  The global vegan food market has witnessed substantial growth in recent years due to increasing awareness about the health benefits of plant-based diets. A vegan diet includes foods made without animal-derived products like meat, eggs, and dairy. Vegan substitutes such as plant-based milk, meat analogues, egg replacers and dairy-free snacks are gaining popularity among people adopting vegan lifestyles. The growing demand for environmentally sustainable and ethically produced food items is also encouraging more people to switch to animal- product-free diets. The Global vegan food market is estimated to be valued at US$ 20721.19 Mn in 2024 and is expected to exhibit a CAGR of 12% over the forecast period between 2024 to 2030. Key Takeaways Key players operating in the Global Vegan Food Market Growth are Abbott Laboratories, Biosynex, Qiagen Sciences LLC, Clinical Innovations LLC, Sera Prognostics, The Cooper Companies Inc., Medixbiochemica, Hologic Inc., IQ Produc

Thermal Printing Market is Anticipated to Witness High Growth Owing to Increase in Demand for Thermal Receipt Printers

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Thermal Printing Market  Thermal printing refers to printing technology that prints by heating coated thermochromic paper or plastic using a thermal print head. Thermal printing has several advantages as compared to other printing technologies such as inkjet or laser printing. Thermal printing does not require ink which makes it environment friendly and low maintenance. Moreover, thermal printing provides high printing speed, supports barcodes and graphics and the printed output can withstand tearing, humidity and rubbing. Thermal printing finds application in receipt printers, barcode printers, labeling systems, tickets and ATM printer. Thermal printers are mainly used by retail sector for printing receipts at point-of-sale. The rising adoption of card payments and growth of organized retail is driving the demand for thermal receipt printers globally. Other key applications include shipping/logistics, healthcare and manufacturing. The Global Thermal Printing Market Demand is estim

The Rising Demand for Precision Equipment is Driving the Precision Meter Market Trend by Improved Manufacturing Accuracy

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Precision Meter Market  The precision meter market comprises meters that accurately measure physical quantities like time, speed, pressure, electricity, volume, and flow for a wide range of industrial applications. Precision meters are widely used in sectors like manufacturing, construction, healthcare, and oil & gas for critical measurements that require extreme accuracy levels. Their ability to deliver measurements within a tolerance of less than 1% makes them highly useful for quality control, process monitoring, and calibration in various industries. The Global Precision Meter Market is estimated to be valued at US$ 10 Mn in 2024 and is expected to exhibit a CAGR of 7.0% over the forecast period between 2024 to 2030. Key Takeaways Key players operating in the precision meter market are Sika AG, BASF SE, Abadgaran Group, Arkema SA, Mapei S.P.A., Sakshi Chem Sciences Private Ltd., and Fosroc International Limited. These companies manufacture diverse precision meter product port

Global Plasma Expander Market to Witness Significant Growth Owing to Increasing Geriatric Population

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  Plasma Expander Market The global plasma expander market is an integral part of the biopharmaceutical sector. Plasma expanders are intravenously administered fluid agents that help increase the circulating volume of blood plasma and treat conditions associated with low blood volume. Common indications where plasma expanders are used include hypovolemic shock, trauma, hemorrhage, burns, and dehydration. Key plasma expanders available in the market include dextran, hydroxyethyl starch, gelatin, and albumin. These agents mimic the characteristics of intracellular and extracellular fluids in the body. The Global Plasma Expander Market Share is estimated to be valued at US$ 32.58 Mn in 2024 and is expected to exhibit a CAGR of 8.0% over the forecast period of 2024 to 2030. The increasing prevalence of chronic disorders among the aging population and rising number of trauma & accident cases globally are majorly driving the demand for plasma expanders. Furthermore, advancements in cr

Perilla Extract Market is Anticipated to Witness High Growth Owing to Growing Usage in Food and Beverage Industry

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Perilla Extract Market The perilla extract market has gained huge traction in the recent years owing to its various health benefits. Perilla extract is extracted from perilla frutescens plant and contains active ingredients such as rosmarinic acid, perillaldehyde, and beta-carotene. It helps relieve nasal inflammation, improve brain functions, reduce obesity and manage diabetes. In addition, it has a pleasant flavor which makes it a suitable ingredient for various dishes and cuisines. The growing focus on health foods and dietary supplements has propelled the demand for perilla extract. The Global Perilla Extract Market Demand is estimated to be valued at US$ 1.33 Bn in 2024 and is expected to exhibit a CAGR of 15% over the forecast period of 2024 to 2030. Key Takeaways Key players operating in the perilla extract market are Thales Group, Alstom, Huawei, Hitachi, Siemens, Cisco Systems, IBM, Microsoft, Intel, and Qualcomm. These players are focusing on new product launches, expansio

Nutrient Recycling Market is driven by increasing need for sustainable waste management

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  Nutrient Recycling Market The nutrient recycling market comprises products and solutions that help recover nutrients like nitrogen, phosphorus, and potassium from organic waste streams including animal manures, food waste, sewage sludge, and others. Nutrient recycling products aid in converting organic wastes into recycled fertilizers that can be used in agricultural or other land applications. These products help reduce the use of virgin fertilizers and provide a sustainable solution for waste management. The global nutrient recycling market is estimated to be valued at US$ 5.74 Mn in 2024 and is expected to exhibit a CAGR of 3.4% over the forecast period 2024 to 2030. Key players operating in the Global Nutrient Recycling Market Demand are Smith & Nephew plc, B. Braun Melsungen AG, Johnson & Johnson Pvt. Ltd., Medtronic Plc., Cardinal Health, Derma Sciences Inc., Paul Hartman AG, Molnlycke Health Care, Medline Industries, Inc., DUKAL Corporation, BSN Medical, H.B. Fuller

Nasal Vaccines Market is Anticipated to Witness High Growth Owing to Increasing Preference for Non-Invasive Mode of Administration

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  Nasal Vaccines Market Nasal vaccines, also known as intranasal vaccines, are administered through the nose to elicit immune response at the site of infection. These vaccines produce both systemic and mucosal immunity by stimulating antibody production in the nose as well as the rest of the body. Nasal vaccines offer several advantages over injectable vaccines such as ease of self-administration, elimination of sharps waste, needle stick injuries, and lower cold storage requirements. They can also induce protective immunity against respiratory pathogens within a few days of administration. The global nasal vaccines market is driven by the rising need for thermostable and non-invasive vaccination methods especially during pandemics. Increasing preference for vaccines that are needle-free and provide first-line defense against respiratory infections is also fueling market growth. The Global nasal vaccines market is estimated to be valued at US$ 480.16 Bn in 2024 and is expected to exh

Teak Furniture Market Poised to Witness High Growth Due to Increasing Disposable Incomes and Rapid Urbanization

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  Teak Furniture Market Teak furniture is a popular choice for both indoor and outdoor spaces owing to the wood's natural durability, water resistance, and ability to withstand harsh weather conditions without deterioration. The demand for teak furniture is growing as consumers seek durable, sustainable, and aesthetically-pleasing furniture for their homes and offices. Increasing disposable incomes and rapid urbanization have bolstered the sales of premium furniture like teak over the years. Teak furniture made from plantation-grown teak ensures an eco-friendly and consistent supply of the wood. The global Teak Furniture Market Overview is estimated to be valued at US$ 67.86 Bn in 2024 and is expected to exhibit a CAGR of 5.7% over the forecast period of 2024 to 2030. Key Takeaways Key players operating in the teak furniture market are BASF (Germany), Evonik Industries (Germany), P&G Chemicals (US), Croda International (UK), Mitsubishi Chemicals (Japan), Sisterna (Netherlan