The global hot fill packaging market was worth US$ 52.8 Million in the year 2022 and is expected to reach US$ 82 Million by the year 2032 at a CAGR of 4.5% between 2022 and 2032. Hot Fill Packaging: A Preferred Solution for the Beverage Industry Hot fill packaging has become increasingly popular in the beverage industry …
Author Archives: Editor AM
FMI Analysis Affirms Global Driver Monitoring System Market Valuation to Cross USD 9.3 Billion Mark by 2033, Driving 7.5% CAGR Growth
The driver monitoring system (DMS) market is projected to grow at a steady compound annual growth rate (CAGR) of 7.5% from 2023 to 2033. The market is expected to reach a valuation of USD 9.3 billion by 2033, up from USD 4.5 billion in 2023. The increasing demand for self-driving and semi-autonomous vehicles, including both passenger and commercial vehicles, is driving the adoption …
Global Automated Material Handling Systems Market Size to Reach USD 81.8 Billion Mark by 2033, Surging at 9.2% CAGR Growth
The global automated material handling systems market is anticipated to grow at a CAGR of 9.2% over the course of the forecast period, according to the most recent study by FMI. The market is anticipated to be worth USD 34 billion in 2023. The value is expected to hit USD 81.8 billion by 2033. The global industry for these machines is growing rapidly in …
Global Keloid Treatment Market Poised for Growth, Expected to Reach USD 5.6 Billion by 2033 at a 3.8% of CAGR
The global keloid treatment market has demonstrated significant growth, reaching a valuation of USD 3.8 billion in 2023. With the increasing prevalence of keloids worldwide, the market is projected to expand substantially, achieving a forecasted value of USD 5.6 billion by the end of 2033. The market is set to grow at a compound annual …
Global Handheld Ultrasound Scanner Market Expected to Reach USD 750.3 Million by 2034 at a 3.90% of CAGR
The global handheld ultrasound scanner market is on a promising growth path, with an estimated value of USD 511.8 million in 2024. According to recent forecasts, the market is anticipated to reach USD 750.3 million by 2034, recording a Compound Annual Growth Rate (CAGR) of 3.90% over the forecast period. The growth of the handheld ultrasound scanner market is driven by the increasing …
Pharmacy Automation Market Set to Soar, Projected to Reach USD 12,136.3 Million by 2034 at a 8% of CAGR
As automation continues to transform various sectors globally, the pharmacy industry is witnessing a significant shift towards automated systems designed to enhance precision and efficiency. The pharmacy automation system market, valued at approximately USD 5,621.5 million in 2024, is poised for substantial growth, with projections indicating it will surpass USD 12,136.3 million by 2034. These …
Vascular Closure Devices Market Poised for Significant Growth, Expected to Reach USD 2,466.5 Million by 2033 at a 5.30% of CAGR
The vascular closure devices market is experiencing notable growth and evolution, with a market valuation of approximately USD 1,468.4 million in 2023. The market is projected to reach an impressive USD 2,466.5 million by 2033, reflecting a compound annual growth rate (CAGR) of 5.30% over the forecast period from 2023 to 2033. North America to …
Global Ambulatory Surgical Centers Market Poised for Growth, Projected to Reach USD 150.6 Billion by 2033 at a 4.5% of CAGR
The global ambulatory surgical centers market is on a promising growth trajectory, with a valuation of USD 96.5 billion in 2023. The market is projected to expand significantly, reaching USD 150.6 billion by 2033, reflecting a compound annual growth rate (CAGR) of 4.5% over the forecast period. The ASCs offer adequate treatments to cure illnesses, …
Global Vital Signs Monitoring Devices Market Set to Surge, Projected to Exceed USD 16 Billion by 2033 at a 8% of CAGR
The global vital signs monitoring devices market is poised for significant growth, with an expected valuation to surpass USD 16 billion by 2033. The market, valued at USD 7.4 billion in 2023, is anticipated to expand at a robust compound annual growth rate (CAGR) of 8% over the forecast period from 2023 to 2033. The …
Global Animal Healthcare Market Set for Robust Growth, Projected to Reach USD 62.3 Billion by 2033 at a 4.3% of CAGR
The global animal healthcare market is on a strong upward trajectory, with a projected valuation of USD 40.9 billion in 2023. The market is anticipated to reach USD 62.3 billion by 2033, growing at a compound annual growth rate (CAGR) of 4.3% during the forecast period. Another contributing factor is the growing health consciousness among …