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Showing posts from June, 2023

Smart Home Market Revenue, Region & Country Share, Trends, Growth Analysis Till 2028

 The global smart home market size is expected to reach USD 184.10 Billion in 2028 and register a steady CAGR over the forecast period, according to latest analysis by Emergen Research. Steady market revenue growth can be attributed to rising need for improved energy efficiency in homes to minimize energy bills and carbon emissions. Consumers are increasingly adopting smart home systems as these allow monitoring and control of energy usage more efficiently. Home automation systems allow homeowners to control their appliances with the help of smartphone apps and eliminate power consumption of unattended appliances and devices when not in use. The ability of home automation system to monitor electricity consumption helps in minimizing energy bills through more efficient usage of appliances. Precise control over heating and cooling of a home with a programmable smart thermostat is achieved through utilization of smart home technology. In addition, a home automation system helps in prevent

Smart Poles Market Size, Trends, SWOT, PEST, Porter’s Analysis, For 2021–2030

 The global smart poles market size was USD 7.52 billion in 2021 and is expected to register a revenue CAGR of 20.7% during the forecast period, according to latest analysis by Emergen Research. Market revenue growth is primarily driven by rising demand for established robust infrastructure for proper traffic management and surge in adoption of connected devices and latest technologies for a variety of tasks. Smart poles are being widely used in important locations such as public spaces, roadways, highways, harbors, and railways and by governments of many cities to offer Wi-Fi connectivity to their residents. In addition, smart poles are ensuring a positive future development with a wide range of applications and growing public awareness. Businesses are optimistic about rising investments in the Architectural, Engineering, and Construction (AEC) sector.  To acquire a competitive edge in local, regional, and worldwide markets, all businesses should engage in R&D initiatives and desi

Pain Relief Market Size, Trends, SWOT, PEST, Porter’s Analysis, For 2021–2030

 The global pain relief market size reached USD 79.68 Billion in 2021 and is expected to register a revenue CAGR of 4.5% during the forecast period, according to latest analysis by Emergen Research. Pain relief market revenue growth is primarily driven by factors such as increasing demand for long-term pain management for geriatric population, proven efficacy of pain management devices for treatment of chronic pain, and development of novel pain management devices and techniques. Pain relievers are medications used to treat headaches, tight muscles, arthritis, and other aches and pains.  Certain medications work better for some forms of pain than others, hence there are numerous pain medications available, each with its own set of benefits and drawbacks. Many types of pain can be relieved with Over-The-Counter (OTC) medications, which are classified into two types, Nonsteroidal Anti-Inflammatory Medications (NSAIDs) and acetaminophen (Tylenol). OTC NSAIDs include naproxen (Aleve), aspi

Therapeutic Ultrasound Market Size, Trends, SWOT, PEST, Porter’s Analysis, For 2021–2030

 According to the most recent report by Emergen Research, the worldwide therapeutic ultrasound market size is anticipated to reach USD 4.07 billion in 2030, with a consistent revenue CAGR of 8.5%. Technology development, an increase in ultrasound operations, and an increase in the prevalence of chronic diseases are the main drivers of market revenue growth. For instance, Iota Biosciences, based in Berkley, California, is revolutionising the implantable market by using ultrasound to power their tiny neurostimulation devices rather than batteries or electromagnetic waves. The company has created a millimeter-sized platform of neural dust for ultrasonic therapy, which treats a variety of neurological issues like inflammation, motor abnormalities, and cognitive loss. The study outlines the rapidly evolving and growing market segments along with valuable insights into each element of the industry. The industry has witnessed the entry of several new players, and the report aims to deliver i

Medical Ceramics Market Size, Trends, SWOT, PEST, Porter’s Analysis, For 2021–2030

 The market for medical ceramics was valued at USD 2.48 billion in 2021 and is anticipated to grow at a 6.6% CAGR in terms of revenue during the forecast period. Revenue in the medical ceramics market is primarily driven by the expanding use of all-ceramic implants and growing awareness of different orthopaedic and dental applications. Medical-grade ceramics are frequently used to make prostheses, implants, and other medical equipment and gadgets. The musculoskeletal connective tissues of the human body can be repaired or replaced using medical ceramics. They can also be used for orthopaedic implants, dental implants, and bone screws in medicine. The study outlines the rapidly evolving and growing market segments along with valuable insights into each element of the industry. The industry has witnessed the entry of several new players, and the report aims to deliver insightful information about their transition and growth in the market. Mergers, acquisitions, partnerships, agreements,

Aircraft Gearbox Market Size, Trends, SWOT, PEST, Porter’s Analysis, For 2021–2030

 The global aircraft gearbox market size reached USD 2.65 Billion in 2021 and is expected to register a revenue CAGR of 8.1% during the forecast period to the latest analysis by Emergen Research. Rising demand for lightweight aircraft components is a key factor driving revenue growth of the market. The diameter of the fan blades, the fewer parts, and the installation of a planetary gearbox are the main distinctions between a conventional and geared turbofan. This combination led to the creation of an engine with much lower noise, emissions, and fuel consumption. By reducing the fuel consumption of turbofans by 30% and hence lowering emissions into the atmosphere, geared turbofans reduce NOx emissions and micro-particulate pollution. Pratt PurePower has improved fuel efficiency by 16%, cut carbon emissions by 50%, and reduced noise by 75%. The study outlines the rapidly evolving and growing market segments along with valuable insights into each element of the industry. The industry has

Medical Waste Management Market Size, Trends, SWOT, PEST, Porter’s Analysis, For 2021–2030

 The global medical waste management market size reached USD 9.16 Billion in 2021 and is expected to register a revenue CAGR of 5.2% during the forecast period, according to the latest analysis by Emergen Research. Increase in the volume of medical waste is driving market revenue growth. The World Health Organization (WHO) estimates that 85% of waste created in the healthcare industry is general and non-hazardous waste. The remaining 15% consists of hazardous waste, which may be infectious, radioactive, or chemically toxic to the environment. The pharmaceutical sector is rapidly developing revolutionary production procedures for pharmaceuticals and medical equipment. Furthermore, the market's expansion is mirrored in the efficient supply of stocks necessary for the day-to-day operations of hospitals, clinics, and diagnostic centers. As a result, more garbage is generated. The study outlines the rapidly evolving and growing market segments along with valuable insights into each ele

Immunoassay Market Revenue, Region, Country, and Segment Analysis & Sizing For 2021–2030

 The global immunoassay market size reached USD 39.72 Billion in 2021 and is expected to register a revenue CAGR of 3.9% during the forecast period, according to latest analysis by Emergen Research. Increase in prevalence of chronic and infectious diseases is a major factor driving market revenue growth. According to the International Diabetes Federation (IDF), in 2021 approximately 537 million were living with diabetes worldwide and the number is estimated to rise to 643 million by 2030. Immunoassays are often used in diabetology to measure HbA1c, C-peptide, insulin, and beta cell autoantibodies, which are vital indicators for diagnosis and categorization of diabetes mellitus. Important indicators for precise classification of type 1, type 2, and other specialized kinds of diabetes include autoantibodies against beta cell constituents. The global keyword market report employs an extremely extensive and perceptive process that analyzes statistical data relating to services and product