In 2021, the medium voltage drives market was valued at more than USD 1.5 billion, and it is expected to grow at a CAGR of around 3.8% between 2022 and 2032. Growing customer interest in incorporating renewables, combined with stringent standards and norms focusing on the deployment of energy-efficient systems, will drive medium voltage drives demand. Furthermore, rapid urbanization and industrialization …
Monthly Archives: December 2022
Calprotectin Testing Market exhibiting growth at a CAGR of 6.2%, surpassing US$ 348.2 by the end of 2032
Calprotectin Testing Market to Surpass US$ 348.2 Mn on the back of Increasing Prevalence of Colorectal Cancer As per Future Market Insights’, the global calprotectin testing market was valued at around US$ 190.6 Mn in 2022, exhibiting growth at a CAGR of 6.2% over the forecast period (2022-2032). Calprotectin is a fecal test, which is used to determine the inflammation in the intestines. …
PD-L1 Biomarker Testing Market Is Expected to reach USD 1.46 Bn by 2032
The global PD-L1 biomarker testing market size was valued at US$ 541.6 Mn in 2021 and is expected to exhibit a CAGR of close to 9.4% over the forecast period (2022-2032). Increasing incidence of cancer across the globe is underpinning the need for advanced cancer diagnosis equipment, which is expected to boost the market in the forthcoming years. Cancer immunotherapy is …
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Hormone Replacement Therapy Market is likely to grow at a CAGR of 11.29% through 2032
[340 Pages Report] Hormone Replacement Therapy Market: Region wise Outlook Depending on geographic regions, Global Hormone Replacement Therapy market is segmented into seven key regions: North America, South America, Eastern Europe, Western Europe, Asia Pacific, Japan, and Middle East & Africa. North America is having more market for Hormone Replacement Therapy, In North America, U.S. represents the …
Animal Model Market is projected to reach US$ 2.4 Bn by 2028, registering a healthy CAGR of 6.6% from 2022 to 2028
[170 Pages Report] According to a recently compiled study by Future Market Insights, the global animal model market will reflect an impressive CAGR through the forecast period, 2017 to 2026. Revenues from the global market for animal model are poised to surpass US$ 2,200 Mn by 2026-end. Leveraging Animal Models offers Better Understanding of Different Diseases Animals …
Micro Inverter Market is reaching US$ 4.36 Bn by 2032 | FMI
With an estimated CAGR of 9.6% during the projected period, the micro inverter market share is expected to reach US$ 4.36 Billion by 2032 from US$ 1.55 Bn in 2021, finds a recent report published by FMI. Furthermore, the study finds that the rising demand for solar micro inverters technology proportionately reflects the adoption of micro inverters in emerging nations. Micro-inverters provide several …
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Pharmaceutical Lipids Market is expected to reach US$ 7.70 Bn by the end of 2032, with sales increasing at a 5.1% CAGR.
Global pharmaceutical lipids market is projected to rise at a considerable pace between 2021 and 2031, finds Future Market Insights in an in-depth study. Growth registered in the market is attributable to increasing cases of cholesterol abnormalities and lipid associated disorders. Lipids are generally utilized in industries such as cosmetics and personal care, beverage and food, and …
Sustainable Aviation Fuel Market is Expected to Reach US$ 15 Billion, with a CAGR of 60% From 2022 to 2032 | FMI
The sustainable aviation fuel market was worth US$ 220 Mn in 2021 and is expected to reach US$ 15 Bn by 2030, with a CAGR of 60% from 2022 to 2032. The COVID-19 virus has spread across the globe without regard for national boundaries. As a result, it has had a severe economic and financial impact on all industries, sectors, and facets …
3D Printed Medical Devices Market is set to experience a significant growth rate of 16.1% CAGR from 2022 to 2028
[212 Pages Report] Currently heading towards a market value of over US$ 440 Mn, the global market for 3D printed medical devices is projected for stupendous growth at 16% CAGR during 2022- 2029. North America will remain the leading market for 3D printed medical device sales, whereas the market attractiveness of Asia Pacific has been rising notably. The …
Subsea Multiphase Flowmeter Market with Potential Impact, Despite COVID-19 Pandemic, Finds FMI
Substantial increase in the focus on developing integrated flow metering solutions with automation and digitalization technologies, suitable for various applications are expected to drive the global subsea multiphase flowmeter market. As per Future Market Insights (FMI), the global subsea multiphase flowmeter market is projected to be valued at ~US$ 616.6 Mn in 2021. The ongoing COVID-19 crisis …