High Prevalence Among Geriatric and Diabetic Population to Bolster the Market Growth
Published: Oct 2023
The global retinal disorder treatment market is anticipated to grow at a CAGR of 11.2% during the forecast period (2023-2030). Retinal disorders have both high prevalence and incidence in the geriatric population and diabetic patients, boosting the retinal disorder treatment market. According to the National Institute of Health (NIH), in April 2022, the major issue in the elderly population is the high prevalence of sight-threatening conditions, age-related macular degeneration (AMD), diabetic retinopathy, glaucoma, and cataracts.
Increase in Demand for Power Production Globally to Bolster the Growth of the Market
Published: Oct 2023
The global electric water pump market is anticipated to grow at a CAGR of 10.7% during the forecast period (2023-2030). Electric water pumps are used to increase power production, decrease greenhouse gas emissions, improve engine performance and reliability, and other factors driving market growth. Additionally, electric water pumps are smaller than conventional hydraulic ones and require less upkeep.
Growing Collaboration Between Market Leaders and New Product Launches are Driving Demand for Global Computer Vision in The Healthcare Market
Published: Oct 2023
The global Computer vision in healthcare market is anticipated to grow at a CAGR of 9.8% during the forecast period (2023-2030). The market is driven by growing collaboration between market leaders and new product launches among others.
An Increase in Chronic Disease and Diagnosis Globally to Bolster the Market Growth
Published: Oct 2023
The global cell separation technology market is anticipated to grow at a CAGR of 10.1% during the forecast period (2023-2030). The market growth is attributed to the development of stem cell separation technologies such as Fluorescence-activated cell sorting (FACS), Magnet-activated cell sorting (MACS), pre-plating, conditioned expansion media, density gradient centrifugation, field flow fractionation (FFF), and dielectrophoresis (DEP).
Rising Utilization of Expanded Carrier Screening Panels for Genetic Disorders
Published: Oct 2023
The global carrier screening market is anticipated to grow at a CAGR of 17.1% during the forecast period (2023-2030). Preconception, prenatal and population-based carrier screening are available to provide prospective and current parents with information about the risk of passing on genetic conditions to their offspring. Direct-to-Consumer (DTC) tests offer individuals an alternative to going through healthcare providers to obtain carrier screening results.
Rising Demand for Big Data Analytics to Drive the Global Big Data in Healthcare Market
Published: Oct 2023
The global big data in healthcare market is anticipated to grow at a significant CAGR of 15.5% during the forecast period (2023-2030). The healthcare industry is on the brink of a transformational revolution, driven by cutting-edge technologies like AI, Big Data analytics, and Personalized Medicine. The healthcare industry generates enormous amounts of data every day. Electronic health records, genomic sequences, wearable device data, and patient-reported outcomes contribute to this data influx.
Rapid Growth Projected in China's AI Powered Storage Sector
Published: Oct 2023
Global AI powered storage market is anticipated to grow at a significant CAGR of 17.4% during the forecast period (2024-2031). The AI-powered storage sector is anticipated to see significant expansion in China mainly due to rapid advancements in AI R&D, alongside improvements in its digital infrastructure. With strong government backing for AI technology and initiatives such as the Made in China 2025 strategy, the region is encouraging to adopting AI-driven solutions across various sectors, including storage.
The Influence of Infosys Topaz and AI-Driven Network Optimization
Published: Oct 2023
The global artificial intelligence (AI) in telecommunication market is anticipated to grow at a CAGR of 40.6% during the forecast period (2023-2030). AI is widely used in customer service and support, predictive maintenance, fraud detection and prevention, quality of service (QoS) management, IoT device management, and data analytics. In customer service and support, AI-driven chatbots and virtual assistants can handle routine customer inquiries, troubleshoot problems, and provide information.
Increasing Drug Discovery & Development Activities Globally to Bolster the Growth of the Market
Published: Oct 2023
The global automated sample storage systems market is anticipated to grow at a CAGR of 10.1% during the forecast period (2023-2030). Increasing drug discovery & development activities by pharmaceutical companies have proliferated demand for novel sample storage and handling facilities. Automating the biospecimen storage and retrieval process reduces the exposure of samples to temperature variation and is therefore an efficient option to preserve the sample quality for sustainable translational research.
Market Expansion is Fueled by Rising Demand for Foam Treatments as Burn Injuries Increase
Published: Oct 2023
The global surgical dressing market is anticipated to grow at a considerable CAGR of 6.4% during the forecast period (2023-2030). Foam dressings form of hydrophilic polyurethane, which is a highly absorbing material. Foams assist in absorbing moisture, which keeps tissue's structural integrity. The growing cases of burns and trauma across the globe are projected to boost the segment growth.