By 2032, the market for safety instrumentation systems is anticipated to be worth US$ 6947.3 million, up from US$ 4123.3 million in 2022, growing at a CAGR of 5.4%. The increasing multidisciplinary nature of engineering is driving up demand for safety instrumentation systems. Engineers and technicians working on engineering projects are increasingly required to be aware of …
Monthly Archives: March 2023
United States accounts for nearly 25% of the Starter Culture Market in terms of revenue | FMI
The worldwide sales of starter cultures, which were previously estimated to be worth around US$ 1,123.1 million in 2022, are now expected to boost up. Currently, in the year 2023, the global Starter Cultures Market value is figured out to be around US$ 1,191.6 million. Further, it is expected to develop with a higher average …
Healthcare Interoperability Solutions Market to Accelerate with US$ 16.2 Billion by the end of 2033 Owing to Improved Patient Care and Safety
The global healthcare interoperability solutions market is expected to create an absolute dollar opportunity over the forecast period by registering a CAGR of 14.5% from 2022 to 2033. The global market valuation of US$ 16.2 billion by the end of 2033, up from the US$ 3.7 billion that was recorded for 2022. As per the …
Commercial Induction Cooktops Market Exhibit Immense Growth At A CAGR Of 8.2% In The Forecast Period From 2022 To 2032: Future Market Insights
The global commercial induction cooktops market size is expected to be valued at US$ 17.5 Billion in 2032 and exhibit immense growth at a CAGR of 8.2% in the forecast period from 2022 to 2032. Increasing number of non-residential development projects across the globe is anticipated to drive the sales of commercial induction cooktops in future years. As per FMI, the …
Intrauterine Insemination Devices Increasingly Being Adopted as First-Line Treatment for Infertility in Developing Countries | FMI Report
The market for intrauterine insemination devices is anticipated to be worth US$ 40.5 million in 2023 and US$ 57.5 million by 2033. Devices for intrauterine insemination are expected to be in high demand, with a 3.6% CAGR predicted. The growing awareness about fertility treatments and infertility is driving demand for intrauterine insemination devices. Infertility is …
Sorting Equipment Market Size To Reach US$ 7.5 Billion By 2032 | New Opportunities Planning By Future Market Insights
The global sorting equipment market size totaled US$ 3.7 Bn in 2021 and is projected to create an incremental opportunity of US$ 7.5 Bn by the end of 2032. The demand for sorting equipment in the global market is estimated to surpass US$ 3.9 Bn by 2021, expanding at a CAGR of 5% to 6% during the forecast period 2022-2032. Additionally, these devices automatically sort objects based on …
Network Slicing Market is Anticipated to Record a CAGR of 23.2% from 2022 to 2032 | Report by FMI
The network slicing market was worth US$ 370 Million in 2022 and is predicted to be worth US$ 3 Billion by 2032, growing at a CAGR of 23.2% during the forecast period. The network slicing market is gaining pace as cellular network technology evolves, providing faster data rates and lower latency. The fast increase in the volume …
Innovation in Enzyme Replacement Therapy Devices Reduce Chronic Diseases and Improve Patient’s Quality Life. Know More Opportunities with FMI
The Gaucher and Pompe diseases enzyme replacement therapy (ERT) market is anticipated to capture a valuation of US$ 3.3 billion in 2023 and is projected to rise to US$ 6.2 billion by 2033. The market is likely to secure a CAGR of 6.6% during the forecast period. The rising enzyme deficiencies and lysosomal storage disorders …
Patient safety remains a top priority for the healthcare industry. The industry is now using patient ID wristbands in light of the situation and the use of technology | FMI Latest Market Study
The patient identification wristbands market size is projected to be valued at US$ 496.7 million in 2023 and is expected to rise to US$ 1,038.4 million by 2033. The sales of patient identification wristbands are expected to grow at a significant CAGR of 7.7% during the forecast period. The global healthcare sector has had tremendous …
Rising Use of Hypothermia in Cases of Blood Loss or Injuries after Surgery Boost the Demand for Rapid Infusers. As per the FMI analysis, the Market is expected to record a CAGR of 4.5% from 2023 to 2033.
The rapid infuser market is expected to record a 4.5% CAGR from 2023 to 2033, from US$ 1,056.3 million in 2023 to US$ 1,639.8 million in 2033. An Increase in Ambulatory Healthcare Facilities is expected to Create Multiple Market Opportunities A rapid infuser is a surgical operation or treatment that includes using a fast fluid. …