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Latest Press Releases
Bakery Premixes Sector to Notice High Demand for Gluten-Free Premixes
Published: Aug 2024
Global bakery premixes market is anticipated to grow at a CAGR of 8.5% during the forecast period (2024-2031). Rising health consciousness among people is one of the major factors driving the demand for gluten-free products including bakery premixes. Gluten-free bakery premix are used in several food products such as breads muffins, cakes, and many others and tend to minimize the risk of conditions such as obesity, various types of cancer, heart diseases, and certain metabolic syndromes. 
Consumer Identity and Access Management (IAM) Market
Published: Aug 2024
Global consumer Identity and Access Management (IAM) market is anticipated to grow at a CAGR of 18.6% during the forecast period (2024-2031). The high demand for consumer IAM across end-user verticals along with the advancement in the consumer IAM is anticipated to promote the growth of the global consumer IAM market. Consumer IAM holds significant prominence in the BFSI sector as managing access and user identities is critical to security in every industry, but it's especially important for banks and financial institutions. User identity and account mismanagement can lead to cybercriminals stealing or defrauding individuals and institutions. The increasing online fraud in the bank sector has spurred its market demand.
Increasing Demand for Automated Thermal Cyclers with Integration of IoT
Published: Aug 2024
Thermal cyclers market is anticipated to grow at a significant CAGR of 10.9% during the forecast period (2024-2031). The market growth is attributed to the growing adoption of high-throughput, automated thermal cyclers in labs and research centers globally. Additionally, remote monitoring and data management are made possible by the integration of IoT (Internet of Things) and cloud computing technologies in thermal cyclers, which increases productivity and scalability in research settings.
Growing Demand for Lidocaine Injections in a Range of Medical Specialities Globally
Published: Aug 2024
Lidocaine vial market is anticipated to grow at a significant CAGR of 9.1% during the forecast period (2024-2031). The market growth is attributed to the growing use of lidocaine injections in a range of medical specialties, including cardiology, dentistry, and dermatology. Additionally, the market for lidocaine is growing with ongoing innovation and technological developments. New technologies frequently result in better products, more effectiveness, and better client experiences, which fuel demand and expand the market.
Global Polypropylene Films Market Set for Significant Growth Driven by Diverse Applications and Rising Demand
Published: Jul 2024
Global polyolefin market is anticipated to grow at a CAGR of 8.9% during the forecast period (2024–2031). The growth is driven by the increasing demand for polyolefin in the packaging industry owing to various factors that have made it an ideal packaging material. Additionally, the increase in e-commerce is leading to a rise in online orders, so it requires packaging material that can hold it strong, is flexible, and is lightweight, making polyolefins an ideal choice. The increasing popularity of flexible packaging, which includes pouches and bags, has become more widely used, increasing convenience, and contributing to market growth.
Innovations Driving the Insulin Pump Market
Published: Jul 2024
Global insulin pump market is anticipated to grow at a CAGR of 8.5% during the forecast period (2024–2031). The market growth is driven by the increasing incidence of diabetes due to aging, obesity, and an unhealthy lifestyle. Additionally, the rising R&D and the increasing integration of IT in the healthcare industry are driving market growth. However, the high cost of insulin pumps and the associated skin infection are impeding the market growth. In addition, a lack of skilled professionals- capable of efficiently managing insulin pumps is limiting the market growth. Moreover, ongoing research into aerosolized insulin for inhalation, and insulin-producing stem cell implants shows promising results, which could present a convenient substitution to the insulin pump technology and threaten the market growth.  
Comprehensive Analysis of the Anatomic Pathology Market
Published: Jul 2024
Global anatomic pathology market is anticipated to grow at a CAGR of 8.5% during the forecast period (2024–2031). The market growth is attributed to the rising incidence, and prevalence of chronic diseases, such as liver and kidney disease, cancer, and infectious disease. Cancer cases are escalating rapidly across the globe, with the maximum patients suffering from lung, prostate, colorectal, and breast cancer.  
Future Frequencies: Forecasting Piezoelectric Device Potential
Published: Jul 2024
Piezoelectric device market is anticipated to grow at a considerable CAGR of 4.5% during the forecast period (2024-2031). The industry growth is primarily driven by the increasing uses of nanotechnology and a broadening range of medical and automotive industry applications. Also, it is anticipated that advancement in high-speed communication will foster the market’s growth. Piezoelectric devices find a wide utility in the production of vehicle sensors such as distance and knock sensors. Piezoelectric devices also come in handy in airbag sensor uses, anti-locking brakes, and other automobile-related uses. Consequently, while piezoelectric materials change their shape and size under mechanical stress, electrical charges are often generated in such materials. 
Increasing Demand Drives the Global Cable Tie Market
Published: Jul 2024
Global cable tie market is anticipated to grow at a CAGR of 8.0% during the forecast period (2024–2031). A cable tie is a fastener made of a thin, flexible nylon strap with a notched surface, which is threaded through a locking mechanism at one end. The cable tie market is driven by rapid industrialization and urbanization in emerging economies, increased infrastructure projects, and the expanding e-commerce sector. The rising applications of cable ties in various sectors including electronics, building & construction, automotive, and others are also driving the market growth. However, the availability of various alternatives to the cable ties such as Velcro straps, conveyor belt hooks, surgeon's knots, and constrictor knots, are anticipated to restrain the industry growth during the forecast period. 
Availability of Skilled Workforce at Low Cost in India & China to Lead Global Healthcare BPO Market
Published: Jul 2024
Global healthcare BPO market is anticipated to grow at a considerable CAGR of 9.3% during the forecast period (2024-2031). The availability of skilled workforce for low cost in emerging countries such as India & China is fueling the growth of healthcare outsourcing services globally. One of the major advantages of outsourcing is the large availability of skilled healthcare professionals who are experts, have enormous amounts of experience in carrying out tasks, and are ready to do complex jobs. The combination of skilled medical professionals with the medical outsourcing company saves healthcare companies from a lot of paperwork and monotonous labor of employee acquisition and retention.