The smart card IC market will be worth USD 3.3 billion in 2024. The market’s growth is expected to accelerate significantly between 2024 and 2034, with a CAGR of 6.8% compared to 9.0% in 2023. By 2034, the market value is expected to reach USD 6.5 billion. Smart card integrated circuits are in high demand …
Monthly Archives: May 2024
Global Anti-Adhesion Barrier Gels Industry Set for Sharp Rise at 8.4% CAGR, Reaching US$209.8 Million by 2032 | FMI Analysis
The Global Anti-Adhesion Barrier Gels Industry is poised for a remarkable surge, fueled by their growing adoption in various surgical procedures. According to a recent analysis by Future Market Insights (FMI), a leading market research firm, the market is projected to experience a stellar Compound Annual Growth Rate (CAGR) of nearly 8.4% from 2022 to …
Global Endocavity Transducer Market to Reach USD 5538.0 Million by 2033 at a 3.8% of CAGR
The global Endocavity Transducer market is on track for significant growth over the next decade. Valued at USD 3820.8 million in 2023, the market is projected to expand at a compound annual growth rate (CAGR) of 3.8%, reaching an estimated USD 5538.0 million by 2033. Endocavity transducers are essential diagnostic tools in medical imaging, employing ultrasonic …
Global Exonucleases Industry Poised for Steady Growth at 2.3% CAGR, Reaching US$208.1 Million by 2032 | FMI Report
The Global Exonucleases Industry is poised for steady expansion over the next decade, fueled by their growing importance in various research and laboratory applications. According to a recent analysis, the market is projected to reach a valuation of US$208.1 million by 2032, reflecting a Compound Annual Growth Rate (CAGR) of 2.3%. This translates to a …
Global Next Generation Mass Spectrometer Industry Poised for Explosive Growth at 7.2% CAGR, Reaching US$4.1 Billion by 2032 | FMI Analysis
The Global Next Generation Mass Spectrometer Industry is on the precipice of a significant leap forward, fueled by technological advancements and rising demand for sophisticated analytical tools. A recent 2022 study revealed the market’s impressive valuation of US$1.9 billion. This growth can be attributed to the rapid development of spectrometry technology, particularly the introduction of …
Global Dental Piezoelectric Ultrasonic Unit Market Projected to Reach USD 361.1 Million by 2033 at a 5.2% of CAGR
The global Dental Piezoelectric Ultrasonic Unit market is poised for robust growth over the next decade. According to industry analysts, the market is expected to grow at a compound annual growth rate (CAGR) of 5.2% during the forecast period, with revenue increasing from USD 216.9 million in 2023 to an anticipated USD 361.1 million by 2033. …
Global Synthetic Data Generation Market to reach a valuation of US$ 13.0 billion by 2034, FMI Projection
The global synthetic data generation market is anticipated to reach a valuation of US$ 0.3 billion in 2024, driven by integration with renewable energy systems. The trend is expected to create new opportunities for the market, leading to a projected CAGR of 45.9% between 2024 and 2034, and reaching a total valuation of approximately US$ 13.0 billion …
Global Digital Stethoscope Market Set to Grow to USD 539.6 Million by 2034 at a 5.7% of CAGR
The global Digital Stethoscope market is poised for significant growth over the next decade, with industry analysts forecasting a steady increase in market size from USD 310.0 million in 2024 to an estimated USD 539.6 million by 2034. This growth trajectory represents a compound annual growth rate (CAGR) of 5.7% over the forecast period. As the …
Global Minimally Invasive Neurosurgery Devices Industry Set for Robust Growth at 6.3% CAGR, Reaching US$5.9 Billion by 2033 | FMI
The Global Minimally Invasive Neurosurgery Devices Industry is poised for a significant surge, driven by the growing demand for less-invasive surgical procedures. According to a recent analysis, the market is projected to experience a steady Compound Annual Growth Rate (CAGR) of 6.3% from 2023 to 2033. This translates to a projected market value of US$5,950.1 …
Satellite Launch Vehicle Market to Hit USD 76.8 Billion by 2034, Driven by 13.9% CAGR | FMI
In 2024, the market for satellite launch vehicles is projected to be worth USD 20.9 billion. From 2024 to 2034, the market is anticipated to grow at a 13.9% CAGR. The market value is expected to reach USD 76.8 billion by 2034. The growing need for satellite applications—which are now utilized for a variety of …