The global piezoelectric devices market is anticipated to grow at a substantial CAGR during the forecast period (2022-2028). The factors that boost the growth of the market are the rapid rise in nanotechnology, growing demand for sensors among various industries, usage of piezoelectric devices in the medical field, and increasing automotive market across the globe, is the primary driver that fueled the market growth. Moreover, piezoelectric ceramics, or piezoceramics, have found widespread use in sensors and actuators due to their direct coupling which enables operation without bias voltages, and their ability to output large voltages on the order of 50 V to 100 V. 

The global alternate transportation technology market is anticipated to grow at a considerable CAGR of 10.3% during the forecast period (2022-2028). New transport technologies such as autonomous vehicles are increasingly gaining importance as an alternate transportation technology. An autonomous vehicle is a vehicle which exploits fully automated driving system so as to allow the vehicle to respond to external conditions that a human driver would handle. Autonomous vehicle technology is able to provide certain advantages compared to human-driven vehicles including increased safety on the road, decrease in the number of accidents and they are equipped with software which is likely to make fewer errors in comparison to humans. 

The global Nutraceuticals market is anticipated to grow at a significant CAGR of 9.7% during the forecast period.  Poor nutrition created a severe economic burden on emerging economies due to poor healthcare policies, and government involvement, however, at present the governments in different countries are expected to focus on malnutrition, introducing healthy meal choices in addition to their standard fare, for example. In some countries, the governments exempted many unprocessed foods or introduced food taxes as part of their fiscal policies, such as that imposed on sugary soft drinks in the UK, Mexico, France, and Norway. Despite advances in food science and technology, and sufficient food production to feed the global population, malnutrition remains prevalent. 

Global artificial intelligence (AI) market is anticipated to grow at a significant CAGR of 38.7% during the forecast period (2024-2031). The market growth is attributed to the increasing advancements in technology such as algorithms, machine learning techniques, and natural language processing, enabling the development of sophisticated autonomous AI systems globally. The market is expanding mostly owing to increased funding and investment for AI start-ups. According to the World Economic Forum (WEF), in May 2024, in the US, a fervent gold rush in private AI investment has catalyzed transformative developments across key sectors such as autonomous vehicles, healthcare, and IT infrastructure.

The global LiDAR market is anticipated to grow at a considerable CAGR of 15% during the forecast period. The several launches by players across the globe are key factors propelling the growth of the market during the forecast period. For instance, in March 2022, Ouster, Inc. and Tacticaware, a Hexagon company that manufactures and produces the volumetric security system Accur8vision, announced the launch of their joint security solution: Ouster x Accur8vision. The solution combines Ouster’s 3D digital lidar technology with Hexagon’s industry-leading security software to target the multibillion-dollar physical security market.

The global 3D concrete printing market is anticipated to grow at a considerable CAGR of 20.9% during the forecast period (2022-2028). Efficient use of raw materials with less wastage is a major factor driving the growth of 3D concrete printing market. 3D printing is an additive manufacturing process which uses only that much material which is necessary for creating a structure. Although, 3D printing won’t be able to solve all of the construction waste problems, but when paired with other waste-reducing processes and building methods such as prefabrication and lean construction, the potential of a waste-zero building seems to be possible.

The global invasive sensors market is anticipated to grow at a considerable CAGR of 10.1% during the forecast period. Various new launches are boosting the growth of the global invasive sensors market over the forecast period. For instance, in March 2021, OMNIVISION Technologies, Inc., a leading developer of advanced digital imaging solutions, announced its new OH0TA OVMed medical image sensor—with a package size of just 0.55 mm x 0.55 mm, featuring a 1.0-micron pixel and a 1/31 optical format—smaller than the Guinness World Record held by its predecessor for the “Smallest Commercially Available Image Sensor.” This allows designers to add ultra-compact visualization to single-use and reusable endoscopes, as well as catheters and guidewires, with a small outer diameter of 1-2 mm. alternatively, this sensor’s uniquely small size gives medical device OEMs the flexibility to create a larger-diameter scope with a larger working channel.

The global CRISPR market is anticipated to grow at a considerable CAGR of 36.8 % during the forecast period (2022-2028). Several researchers showed that a gene-editing tool called CRISPR could alter the DNA of human cells like a very precise and easy-to-use pair of scissors. The various launches and development in CRISPR technology are propelling the growth of the market during the forecast. For instance, in March 2021, Scientists at UC San Francisco, UC Berkeley, and UCLA have received U.S. Food and Drug Administration approval to jointly launch an early phase, first-in-human clinical trial of a CRISPR gene correction therapy in patients with sickle cell disease using the patient’s own blood-forming stem cells. 

The global fluoroscopy system market is anticipated to grow at a considerable CAGR of 4.3% during the forecast period (2022-2028). The key factor that augments the market growth is advancements in technologies used in the medical devices and healthcare field such as rotational angiography with Computed Tomography (CT) images, usage of thallium-doped cesium iodide coupled with magnifying fluoroscopes, and integration with image intensifiers are anticipated to drive the market growth. 

The global cancer gene therapy market is anticipated to grow at a considerable CAGR of 23.1% during the forecast period. One of the key factors that are fueling the market is the growing competitiveness between the market players. With several key players in the market, companies are advancing, innovating, and launching new products to stay in the competition. For instance, in April 2022, Labcorp enhances cell and gene therapy development support through collaboration with X-cell biosciences.