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According to a new Future Market Insights (FMI) report, the U.S. digital pregnancy test kits market is estimated to hit a valuation of US$ 132.3 Mn in 2021, and is expected to grow at a market CAGR of 6.0% during the forecast period (2021-2031). Soaring demand for advanced pregnancy test kits over analog or conventional pregnancy kits …
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High demand in refining and petrochemicals industries is one of the major driving factors which are fueling the growth of global steam flow meters market. Another major driving factor of global steam flow meter market is the significant demand of steam flow meter in food & beverages industry, attributed to its wide use for steam flow rate …
According to ESOMAR-certified Future Market Insights’ (FMI’s) research report, the demand for allergy diagnostics has been increasing significantly due to rising incidence of allergic asthma and food allergies across the globe. As per the study, the global allergy diagnostics market is anticipated to grow at around 11.6% CAGR throughout the forecast period from 2021 to 2031. According …
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Besides this, heat pump technology contributed substantially to the reduction of CO2emission and also complies with regulatory norms. According to FMI’s recent study, the heat pumps market was valued at around US$ 32 Bn in 2021 and is estimated to expand at a CAGR of 5.4% over the forecast period of 2022-2030, with a limited impact of …
The market will grow with a stable long-term projection, according to latest insights by Future Market Insights. The report estimates the market to expand at above 8% CAGR from 2021 to 2031. Global reverse osmosis pump market is set to be valued at US$ 6,077.8 Mn in 2021. Growing need for reverse osmosis pumps in the residential and commercial …
According to a recent study by Future Market Insights (FMI), the GCC medical gloves market is reached US$ 145 Mn in 2022. With sales growing at a healthy 7.9% CAGR, the market valuation is set to reach US$ 340.3 Mn by 2031. Modernization of lifestyles in GCC countries has resulted into a rise in elective surgeries which are …
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The global barcode scanner market is estimated to grow at a healthy pace between 2021 and 2031 as against 5% CAGR registered in 2016 – 2020. The market is expected to register growth at a robust pace on the back of healthy demand from retail, e-commerce and logistics, and manufacturing facilities. Future Market Insights (FMI) in its latest report …
Globally, the rising demand for safety measures from various economies will fuel the demand of CBRN protection equipment during the assessment period. Driven by this, market players are likely to emphasize on technological innovations in CBRN equipment. Increasing production of bioweapons, bio-agents, as well as chemical weapons has strengthened the demand for CBRN filtration systems, …
The rising prevalence of acute respiratory failures (ARF) due to the COVID-19 outbreak, risk of community infection, increasing demand for high flow nasal cannula, and advancements in high Flow Oxygen Therapy Devices are some key factors contributing to the growth of the high flow oxygen therapy devices market. According to a recent study by Future Market Insights (FMI), …
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As per Future Market Insights (FMI) analysis, the bulk material handling system market revenue is expected to reach US$ 5.1 Bn in 2021. Incorporation of remote user connectivity and interface in equipment and use of telematics based services by original equipment manufacturers (OEMs) will drive the market, yielding a year-on-year growth of 2.10% in 2021. Construction and …