The global smart pill technologies industry growth is poised for a remarkable growth trajectory, anticipated to surge at an impressive CAGR of 21% throughout the forecast period, leading to a projected valuation of US$ 6176 Million by 2032 from US$ 627.1 Million in 2020. This surge in valuation showcases an exponential advancement in healthcare technologies, …
Monthly Archives: January 2024
Tissue Engineered Skin Substitute Market Aims for a Projected Summit of US$ 4.13 Billion by 2029-FMI Projection
According to a recent industry report by Future Market Insights (FMI), the global tissue-engineered skin market sales substitutes was valued at US$ 2.01 billion in 2021 and is projected to grow to US$ 4.13 billion by 2029. Increased demand for minimally invasive surgeries, a growing geriatric population, an increase in diabetic foot ulcers, an increase …
Faith-Based Tourism Market Projected at US$ 40.92 Billion Revenue with 10.5% CAGR by 2033 | FMI
The global faith-based tourism market could total US$ 15.07 billion by 2023. The report also discloses that the market is expected to boom at a remarkable CAGR of 10.5%, surpassing a market valuation of US$ 40.92 billion by 2033. More individuals are traveling to places that are significant to their faith or beliefs as a result of growing religious diversity and globalization. There …
Robotic Catheterization Systems Market Integrates Automation, Approaching a Striking US$ 112.5 Million by 2029-FMI Projection
With a 14.8% compound annual growth rate (CAGR) until 2029, the robotic catheterization systems market sales is projected to reach US$ 42.9 million in 2022. Percutaneous coronary intervention applications are expected to hold approximately 73.9% of the global robotic catheterization systems market in 2021, according to Future Market Insights. Interventional and surgical robotic systems have …
Anticipated Surge: Türkiye’s Medical Plastic Demand Projected to Soar at a 4.2% CAGR Through 2033
The Türkiye medical plastic industry size is projected to reach US$ 217.5 million in 2023 and US$ 328.9 million in 2033. Over the assessment period, demand for medical plastic in Türkiye is anticipated to rise at a CAGR of 4.2%. The medical industry increasingly relies on single-use medical devices, and medical plastics play an essential role in producing such products due to their cost-effectiveness, sterility, and ease …
Global Orthotic Devices Orthotic Splints and Orthopedic Braces and Support Industry is projected to experience a 4.8% CAGR until 2032, according to FMI
The global orthotic devices orthotic splints and orthopedic braces and support industry is a growing market, with a projected CAGR of 4.8% from 2022 to 2032. This growth is being driven by a number of factors, including the aging population, the increase in the incidence of disabilities, and the growing rate of chronic and lifestyle …
Travel Agency Services Market Set to Surpass US$ 1,280,410.5 Million with a 10.9% CAGR by 2033 | FMI
The travel agency services market is expected to develop at a rate of 10.90% per year to reach US$ 1,280,410.5 million by 2033, from its estimated US$ 455,023.4 million in 2023. The agencies have adapted to the digital era by leveraging technology and online platforms to cater to changing traveler preferences. Despite competition from online travel agencies and direct booking options, travel agencies …
Silver Nanowires Market Surges with a 5.5% CAGR through 2033 Driven by Escalating Demand for Energy-Efficient Devices
The global demand for silver nanowires is anticipated to surge, reaching a market valuation of US$ 0.5 Billion by the conclusion of 2023, with a notable acceleration at a Compound Annual Growth Rate (CAGR) of 5.5% throughout the forecast period spanning from 2023 to 2033. This robust growth is indicative of the increasing adoption and …
Pedicle Screw Systems Market Poised for a Robust 4.6% CAGR Growth Journey from 2022 to 2029-FMI Projection
A recent market report by Future Market Insights (FMI) projects that the global pedicle screw system market sales will reach US$ 6.46 billion by 2029, growing at a compound annual growth rate (CAGR) of 4.6% from its anticipated US$ 4.46 billion in 2021. This growth is majorly driven by the increasing implantation of pedicle screw …
Network Security Firewalls Market Soars with 15% CAGR to Hit US$ 19677 Million by 2032
The network security firewalls market is projected to be worth US$ 19677 million, up from US$ 4882 million in 2022, growing at a CAGR of 15%. The growing use of web applications and the increasing demand for advanced security services to mitigate the risk of cyber-attacks are factors that are fueling the growth of the Network Security Firewalls market. …