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Latest Press Releases
Rise in COVID-19 Incidences Along With Increasing Number of Chronic Diseases Globally to Propel the Market Growth
Published: Jun 2022
The global blood warmer market is anticipated to grow at a considerable CAGR of 8.9% during the forecast period. The primary factor accelerating the growth of the market includes the rising number of chronic diseases such as cancer, tumor, arthritis, and others across the globe. During the treatment of these chronic diseases, blood and blood-related products are used which are stored at low temperatures to prevent them from decaying. Thus, during transfusion of red blood cells (RBCs) and platelets, among others, blood stored at low temperatures is warmed to normal temperature before transfusion by using blood warmer devices.
Electrification of Motorhome is Leveraging the Global Motorhome Market
Published: Jun 2022
The global motorhome market is expected to grow at a CAGR of 8.5% during the forecast period. One of the factors that are boosting the market growth is the implementation of stringent vehicle emission regulations in most nations across the globe which is encouraging consumers to switch to hybrid and electric recreational vehicles such as motorhomes. The electrification of the vehicle is rising across the globe with the governments’ subsidy policies for encouraging consumers. For instance, in March 2022, Italy planned to subsidize new electric vehicles up to $6,570 of the purchase price as part of the plan to support the electrification of the vehicles.
New Product Launches is Boosting the Global Mobile Crane Market
Published: Jun 2022
The global mobile crane market is expected to grow at a CAGR of 6.3% during the forecast period. One key factor driving the market growth include the increasing participation of market players as they are launching new mobile cranes to compete with one another. For instance, in April 2022, Manitowoc’s Zhangjiagang launched the largest Potain topless crane in China. This new Potain MCT 805 topless tower crane is designed with an 80 m jib and provides 40 t and 32 t versions. It is a high-quality, affordable crane, and will target consumers in Asia, the Middle East, Africa, Australia, New Zealand, and Latin America. 
Strategic Initiatives Adopted by Key Players Offering Enormous Opportunity for the Global Bioprocess Technology Market
Published: Jun 2022
The global bioprocess technology market is expected to grow at a significant CAGR of 8.2% during the forecast period.  The growing competition in the biotechnology and biopharmaceutical industry coupled with the rising demand for innovative therapeutics owing to the rising prevalence of chronic diseases has led to increasing demand for bioprocess technology. Investment in the biopharmaceuticals industry coupled with the rising need for drugs and vaccines has propelled the market growth. For instance, according to CCI India, India is one of the major producers of generic drugs globally, and the pharmaceutical sector supplies over 50% of global demand for various vaccines, 40% of generic demand in the US, and 25% of all medicines in the UK.  
Funding Opportunity and Strategic Initiatives to Provide Enormous Opportunity for the Global AI in Genomics Market
Published: Jun 2022
The global AI in genomics market is anticipated to grow at a significant CAGR of 50.2% during the forecast period (2022-2028). Several advances conducted in the field of pharmaceutical and artificial intelligence (AI) which is likely to boost the growth of the global AI in the genomics market. For instance, in November 2020, Dell Technologies announced new Dell EMC Ready Solutions and high-performance computing(HPC), cloud service provider collaboration to accelerate AI and advanced computing innovation in healthcare, life science, and manufacturing. 
Government Initiatives Towards Healthy Life Promoting Development of Pilates and Yoga Studios Globally.
Published: Jun 2022
The global pilates and yoga studios market is anticipated to grow at a considerable CAGR of 9.6% during the forecast period. The global pilates and yoga studios market is witnessing rapid growth due to growing awareness regarding the benefits offered by pilates and yoga. Pilates improves the body posture and flexibility, increases muscle strength, tones the muscles, and provides relaxation to body muscles. All these benefits are estimated to drive the growth of the pilates and yoga studios market during the analysis timeframe. Expansion in the prevalence of obesity and rise in health consciousness significantly help the development of the pilates and yoga studios market. 
Rising Penetration of Spa Services Among Men is Driving the Growth of the Market
Published: Jun 2022
The global spa services market is anticipated to grow at a significant CAGR of 4.2% during the forecast period. Spa services are widely consumed by women. Apart from women, the penetration of spa services is increasing among male customers which led to the growth of the spa services market across the globe. Men are continuing to explore the spa experience as much as women. The rising awareness about skincare among men pushed major brands to introduce skincare and spa products to men consumers which has increased the demand for spa services. 
Growing Inclination for a Luxurious Lifestyle and Deman for AI and IoT are Driving the Growth of the Smart Home Market
Published: Jun 2022
The global smart home market is anticipated to grow at an exponential CAGR of 20.4% during the forecast period. An increase in the adoption of artificial intelligence technology and the Internet of things (IoT) in smart home devices is driving the growth of the smart home market across the globe. Manufacturing companies are upgrading their products and using artificial intelligence technology to enhance product features and resulting in increased demand for smart home devices. AI technology enables many facilities which make daily activities easy and quicker, which further increases the implementation of AI technology in smart home devices. 
The Rising Integration of AI Technology in Smart Furniture is Driving the Growth of The Smart Furniture Market
Published: Jun 2022
The global smart furniture market is anticipated to grow at an exponential CAGR of 20.2% during the forecast period. The rising integration of advanced technologies such as artificial intelligence (AI) in smart furniture is driving the growth of the global smart furniture market. Sitting or standing for long hours can cause several health problems such as the cervical spine, back pain, and distortion of physical posture. To support correcting the posture and reducing such health issues of the people, key companies are focusing on embedding AI technology in their furniture.
The Rising Demand for Moringa in the Cosmetic Industry is Driving the Growth of the Moringa Products Market
Published: Jun 2022
The global moringa products market is anticipated to grow at a significant CAGR of 4.2% during the forecast period. The market is primarily driven by the rising consumption of fast food products among people has increased the incidences of obesity among people. Furthermore, the growing production of dietary supplement has also been subsequently increased which contribute to the growth of the moringa products market. According to World Health Organization (WHO), 39 million children aged 5 years and above were diagnosed as overweight or obese in 2020.