FMI’s report on the power generator for military market highlights the specific needs of the defense and military sector. It identifies hidden growth opportunities for the market players, besides cautioning them against potential threats. The market for military power generators is anticipated to reach US$ 1.13 billion in 2023 and grow at a 3.54% CAGR thereafter. Sales …
Monthly Archives: December 2023
Global Canine Arthritis Treatment Industry to Reach US$ 3.05 Billion by 2028, Growing at a CAGR of 4.2% | FMI
In 2022, the global canine arthritis treatment industry size will have a net worth of US$ 2.39 billion. By 2028, the market for pharmaceuticals used to treat canine arthritis is expected to be worth US$ 3.05 billion, growing at a CAGR of 4.2%. Canine arthritis is a degenerative joint disease caused by frequent rubbing, cartilage …
Submersible Pump Market Projected to Surpass US$ 19.39 Billion by 2033, Anticipating 5.2% CAGR – Insights by Future Market Insights, Inc.
Increasing from US$ 11.68 billion in 2023, FMI predicts that the global submersible pump market could reach US$ 19.39 billion by 2033. Between 2023 and 2033, submersible pump sales are expected to register a 5.2% CAGR. The key drivers of the expansion of the submersible pump market worldwide are the population boom of the globe and the rise in residential housing. …
Global Bone Screw System Industry is positioned for a bright future, expected to achieve a value of US$ 1,963.9 Million by 2028 | FMI
It is projected that the global bone screw system industry size will grow at a compound annual growth rate (CAGR) of 6.4% and reach US$ 1,963.9 million by 2028. With fractures, soft-tissue injuries, and orthopaedic illnesses becoming more common, the market for bone screws is expected to grow rapidly in the upcoming years. These screw …
Packaging Evolution: The Future Landscape of Thermoforming Films Market Set to Achieve US$ 781 Million by 2032
Future Market Insights (FMI) foresees a transformative role for thermoforming films in the storage of food products, garnering rapid popularity. According to their recent study, the thermoforming films market is poised to reach a significant valuation of US$ 542 million in 2022. Looking ahead to the forecast period from 2022 to 2032, the industry anticipates …
Pulmonary Arterial Hypertension Treatment Industry Poised to Surpass US$ 6.6 Billion by 2028-FMI Report
The pulmonary arterial hypertension (PAH) treatment industry stands as a beacon of hope for individuals grappling with this rare but serious condition that affects the heart and lungs. PAH involves abnormally high blood pressure in the arteries that connect the heart and lungs, leading to reduced blood flow and strain on the heart. The treatment landscape for …
Whole Genome Amplification (WGA) Industry on Track to Surpass US$ 5.5 Billion Mark by 2033-FMI Report
Whole genome amplification industry value is anticipated to surpass US$ 5.5 Billion by the end of 2033, according to Future Market Insights (FMI) in its market analysis, as the demand for WGA in forensics and the study of genetic disorders is on the rise. Whole genome amplification sales are anticipated to reach US$ 2.8 billion …
North America Silo Bags Market Set for Exponential Growth: Projected to Reach US$ 76.9 Million by 2033 | FMI
North America Silo Bags Market was worth US$ 47.2 million in the year 2023 and is expected to reach US$ 76.9 million by the year 2033 at a CAGR of 5% between 2023 and 2033. Packaging is amongst the vital constituents in the present-day scenario owing to need for aversion of wastage of grains. As such, …
Global Bioprocessing Analytics Equipment Industry is forecasted to hit US$ 633.6 Million by 2028, according to FMI’s estimations
In 2022, the global bioprocessing analytics equipment industry size revenue is expected to reach US$ 485.1 million. With a CAGR of 4.5%, the global market is expected to reach US$ 633.6 Million by 2028. The Bioprocessing Analytics Equipment Market has emerged as a critical player in the field of biotechnology, pharmaceuticals, and healthcare. This market segment is …
Ultrasound Systems Industry Surges Toward a Projected US$ 13.2 Billion Milestone by 2028-FMI Report
The ultrasound systems industry is expected to reach US$ 13.2 billion by 2028 from an estimated US$ 9.5 billion in 2022, expanding at a CAGR of 5.5% over the forecast period (2022 to 2028). Digitization in the healthcare sector has revamped the ultrasound systems market. The advancements in different spheres of the industry has benefited not just …