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Latest Press Releases
Widespread Adoption of Contactless Technology Boosts Restaurant Point-of-Sale (POS) Terminals Market
Published: Aug 2025
Restaurant Point-of-Sale (POS) terminals market was valued at $16.8 billion in 2024 and is projected to reach $37.6 billion by 2035, growing at a CAGR of 7.6% during the forecast period (2025–2035). The growing demand for contactless technology in restaurants is primarily driven by the increasing use of mobile payment options and the need for sterility and safety, especially in light of current global health concerns. Restaurants must quickly adapt their POS systems to support contactless payments, enhancing the guest experience through convenient, secure, and fast transactions. 
Government and institutional support for digital health innovation Drives the Market Growth
Published: Aug 2025
Wearable electronics market was valued at $80.5 billion in 2024 and is projected to reach $313.7 billion by 2035, growing at a CAGR of 13.2% during the forecast period (2025–2035). Government and institutional support for digital health innovation, which promotes the research, development, and deployment of advanced wearables, is driving market growth. For instance, in March 2025, Sencure secured $8.7 million in an additional $4.3 million investment in its Series B2 funding round, bringing its total funding to over $16.5 million in the last four years. The Dutch chip tech innovator's flagship product, the SNCE800 IC, is set to power a new generation of wearable health products, driven by the global demand for compact, efficient medical devices.
Growth of Circular Economy Models to Drive the Reverse Logistics Market Growth
Published: Aug 2025
Reverse logistics market was valued at $835.2 billion in 2024 and is projected to reach $2,005.2 billion by 2035, growing at a CAGR of 8.4% during the forecast period (2025-2035). The growing availability of reverse logistics services is driven by the increasing pressure on businesses to reduce waste, reclaim value from returned products, and build more sustainable supply chains. 
Rising Development of Soliris Biosimilars Presents a Significant Opportunity in the Soliris Drug Market
Published: Aug 2025
Soliris drug market was valued at $2.5 billion in 2024 and is projected to reach $4.3 billion by 2035, growing at a CAGR of 5.2% during the forecast period (2025-2035). The growth is primarily propelled by potential cost savings and increased access to Biosimilars that are highly similar to the drug Soliris. Biosimilars offer a more affordable alternative solution, potentially reducing the overall cost of treatment for conditions such as paroxysmal nocturnal hemoglobinuria (PNH) and atypical hemolytic uremic syndrome (aHUS). This shift could lead to increased market penetration and wider availability of these crucial medications. 
AI-Driven Property Management Solutions Making a Major Impact
Published: Aug 2025
Property management service market, estimated at $27.2 billion in 2024, is projected to reach $67.8 billion, growing at a CAGR of 8.7% during the forecast period (2025–2035). AI is dramatically changing property management services, automating and centralizing the most essential property management functions, including tenant screening, lease management, rent collection, and maintenance scheduling. Various AI-assisted tools, such as chatbots and virtual assistants, can improve the communication and interaction with tenants, while AI-powered machine learning and predictive analysis give possible actionable insights on how to optimally set prices, anticipate vacancies, and manage operational efficiency. Such automation minimizes human errors, and it is time-saving, more profitable, and enables property managers to concentrate on strategic plans and, eventually, a more efficient data-driven and tenant-focused strategy of property management. This automation and optimization is time-saving and effort-saving, and it helps cause higher profitability through cost savings, better tenant satisfaction, and data-driven decision making.
Technological Advancement in Organ-on-Chip Propels the Market Growth
Published: Aug 2025
Organ-on-a-chip market size was estimated at $130 million in 2024 and is projected to reach $4,035 million by 2035, growing at a CAGR of 36.7% from 2025 to 2035. Technological advancements in OoC technology are enabling the development of highly accurate human organ models. Market growth is being driven by increasing demand for drug screening and personalized medicine, particularly with the integration of patient-derived cells. Market players are actively contributing to innovation in the field by launching new OoC products in the market.
Government and Global Health Initiatives Accelerate Flu Influenza Vaccine Market Growth
Published: Aug 2025
Flu influenza vaccine market size was $8.4 billion in 2024 and is projected to reach $16.3 billion by 2035, growing at a CAGR of 6.6% during the forecast period (2025–2035). Public health authorities globally are prioritizing large-scale vaccine procurement and development, demonstrating a proactive approach to influenza preparedness and fueling market expansion. For instance, in May 2025, the US Department of Health and Human Services and the NIH have committed $500 million to the ‘Generation Gold Standard’ universal vaccine program, aimed at influenza and coronaviruses via a beta-propiolactone-inactivated whole-virus platform. The drugs, BPL-1357 and BPL-24910, are expected to begin in human trials by 2026.
Growing Demand for Electric Cars and Energy Storage Devices to Drive Cathode Materials Market
Published: Aug 2025
Cathode materials market was valued at $29.6 billion in 2024 and is projected to reach $135.7 billion by 2035, growing at a CAGR of 15.0% during the forecast period (2025-2035). The cathode materials market is growing with increased focus on clean energy solutions, coupled with the rapid growth of electric mobility. As global industries move toward reduced emissions and governments enhance pressure to make countries carbon-neutral, cathode materials are quickly emerging as the key driver of the energy transition in various industries.
Increasing Automated and Semi-Automated Sample Handling Systems Foster Market Growth
Published: Aug 2025
Biological sample handling market was valued at $15.2 billion in 2024 and is projected to grow at a CAGR of 7.8%, reaching $45.6 billion by 2035. The biological sample handling market is growing as the demand for accurately performed and efficient diagnostics continues to rise. Recent developments in biobanking and personalized medicine have increased the demand for dependable preservation and transportation of samples. Laboratories and research institutions are improving the storage of specimens at an ever-increasing cost with the expectation of maintaining the integrity of the samples. This helps them process more samples faster and cut down on mistakes made by people. Such systems help keep track of samples properly and make sure the samples stay safe and accurate. They also make the whole process of working with things such as blood, tissues, saliva, and other body materials more efficient. 
Advanced Radar Technologies propel the Naval Radar Systems Market Growth
Published: Aug 2025
Naval radar systems market was valued at $5.24 billion in 2024 and is projected to reach $8.97 billion by 2035, growing at a CAGR of 5.0% during the forecast period (2025–2035). The naval radar systems market is undergoing tremendous technological advancement. Phased-array radar systems based on solid-state technology are gaining popularity. These systems offer accurate terrain mapping with large arrays of small radiating elements in antennas. Compared to conventional parabolic antennas, phased-array systems can electronically steer high-power pencil beams without physically relocating the antenna structure, allowing scheduled transmission and reception according to specified operating requirements.