The global inflammatory bowel disease (IBD) treatment market, valued at approximately USD 20.2 billion in 2022, is set for substantial growth over the next decade. According to new projections, the market is expected to expand at a remarkable Compound Annual Growth Rate (CAGR) of 5.7%, reaching an estimated value of USD 35.1 billion by the …
Monthly Archives: January 2025
Global Diabetes Care Devices Market Poised for Strong Growth, Expected to Reach USD 117.7 Billion by 2034 record a CAGR of 6.2%
The global diabetes care devices market is on track for significant expansion, projected to reach USD 64.5 billion in 2024 and further grow to USD 117.7 billion by 2034. This growth is driven by the increasing global prevalence of diabetes and advancements in technology for diabetes management. The market for diabetes care devices is anticipated …
Global Wearable Healthcare Device Market Set for Unprecedented Growth, Poised to Reach USD 43,327.4 Million by 2034
The global wearable healthcare device market is experiencing rapid growth, with sales projected to soar from an estimated USD 19,163.1 million in 2024 to USD 43,327.4 million by 2034. This growth, reflecting a compound annual growth rate (CAGR) of 8.5%, builds upon a remarkable revenue surge in 2023, which hit USD 17,661.8 million. As wearable …
Global Medical Fiber Optics Market to Cross USD 2 Billion by 2032, Fueled by Multimode Optical Fiber Growth, Reveals Future Market Insights Report
The global medical fiber optics market is set to experience significant growth, with a projected valuation exceeding USD 2 billion by 2032, according to a newly-released industry analysis report from Future Market Insights. The report reveals that the market, which reached USD 1.1 billion in 2022, is expected to grow at a robust compound annual …
Automotive Door Latch Industry: Ensuring Innovation and Safety | FMI Reports
Automotive Door Latch Industry The global automotive door latch industry is projected to grow at a CAGR of 4% from 2023 to 2033. The industry is anticipated to increase in value from USD 6.0 billion in 2023 to USD 9.3 billion by 2033. The automotive door latch industry is experiencing robust growth, driven by increasing safety regulations, …
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Automotive Airbag Industry: Protecting Lives with Advanced Safety Solutions | FMI Reports
Automotive Airbag Industry The global automotive airbag industry is projected to grow at a CAGR of 4.4% during the forecast period. Market revenue is estimated at USD 12.2 billion in 2023 and is expected to reach USD 35 billion by 2033, reflecting significant growth driven by rising safety standards and advancements in airbag technologies. The automotive airbag …
Automotive Window Regulator Industry: Improving Vehicle Comfort and Safety | FMI Reports
Automotive Window Regulator Market The automotive window regulator industry is expected to witness steady growth, with demand projected to increase at a robust CAGR of 4.5% between 2021 and 2031. According to Future Market Insights (FMI), the market value is estimated to reach USD 13.7 billion in 2021. Rising vehicle production and sales, coupled with the introduction …
Car Battery Chargers Industry: Enhancing Vehicle Reliability and Performance | FMI Reports
Car Battery Chargers Industry The car battery chargers industry is projected to grow significantly, with its value rising from USD 22.09 billion in 2023 to USD 43.47 billion by 2033. According to FMI, the market is expected to register a robust CAGR of 7.0% during the forecast period. The car battery chargers industry is gaining significant traction, …
Global Down and Feather Market Set for Strong Growth Driven by Sustainability and Increasing Demand for Premium Bedding
According to newly released data from Future Market Insights (FMI), the global down and feather market is estimated to reach USD 7,567.3 million in 2023 and is projected to more than double to USD 16,175.3 million by 2033, growing at a robust compound annual growth rate (CAGR) of 7.9% from 2023 to 2033. Notably, the …
Automotive Brake System & Components Industry: Pioneering Safety and Innovation | FMI Reports
Automotive Brake System & Components Industry The automotive brake system and components industry is estimated to reach a valuation of USD 69,403.5 million in 2023, with projections indicating growth to USD 109,862.1 million by 2033. The market is anticipated to achieve a notable CAGR of 4.7% over the forecast period. The automotive brake system and components industry …