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Latest Press Releases
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. 
Kidney Cancer Market on the Rise: New Treatments and Technologies
Published: Jul 2024
Global kidney cancer diagnosis and treatment market is anticipated to grow at a substantial CAGR of 5.5% during the forecast period (2024-2031). The prevalence of kidney cancer will lead to an increase in the demand for effective treatment options, thus, driving the growth market. The new technological advancements in rapid diagnostics tools in the treatment of kidney cancer will rapidly increase the market. The growing demand for integrated Artificial Intelligence (AI) and Machine Learning (ML) in healthcare among others is propelling the market growth. The higher healthcare spending translates into an increasing demand for kidney cancer drugs contributing towards market growth.
Increasing Prevalence of Diseases Drives the Global Home Medical Equipment Market
Published: Jul 2024
Global home medical equipment market is anticipated to grow at a CAGR of 6.1% during the forecast period (2024–2031). The market growth is driven by factors such as the increasing ubiquity of chronic disorders, the increasing population, and spreading awareness about self-health management. The major challenges faced by the market are high cost and the requirement of a significant amount of knowledge to use home equipment. 
Global Polymerase Chain Reaction (PCR) Technologies Market Projected to Achieve Robust Growth
Published: Jul 2024
Global polymerase chain reaction (PCR)  market is anticipated to grow at a CAGR of 4.3% during the forecast period (2024–2031). PCR is a technique used in molecular biology to create several copies of a certain DNA (Deoxyribonucleic Acid) segment. The major factors driving the market growth include the increasing application in clinical diagnostics, rising demand for personalized and precision medicine, and technological advancements and applications in drug development. Technological advancements in molecular biology, life sciences, and biotechnology have brought a paradigm shift in drug discovery, personalized medicines, forensic sciences, and clinical R&D in the biotechnology industry. 
Growing Demand for Inflammatory Heart Disease Treatment Drives the Market
Published: Jul 2024
Global inflammatory heart disease diagnosis and treatment market is anticipated to grow at a CAGR of 8.4% during the forecast period (2024–2031). The increasing prevalence of inflammatory heart disease due to changing lifestyles and heightened awareness of early diagnosis and treatment of diseases is promoting market growth. Moreover, there is a significant increase in demand for advanced diagnostic and therapeutic procedures, these factors collectively drive the market growth. 
Advancements in IoT and Technologies to Drive the Global Market of Packaging Machinery
Published: Jul 2024
Global packaging machinery market is anticipated to grow at a CAGR of 6.5% during the forecast period (2024-2031). The market's growth is driven by factors such as the increasing demand for packaged goods, advancements in automation and technology, and the growing emphasis on sustainable and eco-friendly packaging solutions. 
Increasing Ovary Cancer Cases Drive the Global Ovarian Cancer Drugs Market
Published: Jul 2024
Global ovarian cancer drugs market is anticipated to grow at a CAGR of 15.4% during the forecast period (2024–2031). The likelihood of a woman developing ovarian cancer in her lifetime is approximately 1 in 87. The rising incidence of ovarian cancer is a significant factor driving market growth. Furthermore, increasing funding for R&D activities, augmenting demand for personalized treatment and targeted therapies for ovarian cancer, and growing awareness and early detection through advanced technology further accelerate the growth of the ovarian cancer drugs market. 
Advancements in Polyurethanes market to Drive the Global Market
Published: Jul 2024
Polyurethanes market is anticipated to grow at a CAGR of 6.2% during the forecast period (2024–2031). The market is driven by the increased demand for polyurethane owing to its high durability. It can be used in areas where other materials are not suitable such as exterior surfaces and outdoor applications. Green buildings are entering into the construction market owing to increasing investment in smart energy-efficient commercial and residential buildings. The polyurethane material has wide applications in automotive, construction, packaging, and others, attributing to the market growth.