Growing Launches of New and Innovative Hearing Aid Drive the Global Audiology Devices Market
Published: Mar 2020
Global audiology devices market is anticipated to grow at a CAGR of 6.8% during the forecast period. According to WHO, by 2050 nearly 2.5 billion people are projected to have some degree of hearing loss and at least 700 million will require hearing rehabilitation. Over 1 billion young adults are at risk of permanent, avoidable hearing loss due to unsafe listening practices. An annual additional investment of less than $1.40 per person is needed to scale up ear and hearing care services globally. Thus, the growth of the market is attributed to the growing health problems related to hearing.
Potential Impact of COVID-19 on the US Economy
Published: Mar 2020
The COVID-19 pandemic has greatly affected both the demand and supply across the global economy. A slowdown in the global economy has created a major challenge for governments on how to revive their economy.
Technological Advancement in Allergy Immunotherapy to Propel the Growth of Global Allergy Immunotherapy Market
Published: Mar 2020
The global allergy immunotherapy market is expected to show a significant growth rate during the forecast period. Allergy is hypersensitive to the body’s immune system towards several substances that include pollen, dust, and food. There are various types of allergies includes drugs, food, pollen, latex, and dust among others. As per the Food Allergy Research & Association (FARA), around 15 million people in the US have food allergies and approximately 4% of which is seen in the pediatrics and around more than 60% in adults.
Growing Adoption of AI Owing to Various Benefits Drives the Growth of the AI in Construction Market
Published: Mar 2020
The global AI in construction market is anticipated to grow at a considerable CAGR of 38.7% during the forecast period. Artificial intelligence (AI) is an aggregative term for describing when a machine mimics human cognitive functions, such as problem-solving, pattern recognition, and learning. The growing use of AI in construction has been helping the players realize value throughout project lifecycles, including design, bidding, and financing; procurement and construction; operations and asset management; and, business model transformation.
Global 3D Rendering Software Market Growth Trends and its Recent Developments
Published: Mar 2020
Global 3D rendering software market is anticipated to grow at a CAGR of 20.5% during the forecast period. 3D rendering is the process of creating a photorealistic 2D image from 3D models. It is the final step in the process of 3D visualization, which involves creating models of objects, texturing those objects, and adding lighting to the scene. 3D rendering software takes all the data associated with the 3D model and renders it into a 2D image.
Rising Adoption of IP Cameras for Security and Surveillance Driving Growth of Global IP Camera Market
Published: Mar 2020
The global IP camera market is anticipated to grow at a considerable CAGR of 12.8% during the forecast period. The functions of an IP camera are to capture images and record videos that are further compressed, stored, and transferred over a communication network. The rising adoption of IP cameras among various organizations and verticals including financial institutions, government, healthcare, and enterprises among others are the factors that are expected to raise the demand for higher security, surveillance, and monitoring measures that are augmented to drive the market growth of the Global IP camera Market during the forecast period.
The Increasing Prevalence of Corneal Diseases Drives the Global Corneal Implants Market
Published: Mar 2020
The global corneal implants market is forecast to grow at a moderate CAGR during the forecast period. The key application of the corneal implants include optical, reconstructive, therapeutic and cosmetic. Corneal implants aid in an improvement of vision in cases of corneal oedema, pseudophakic bullous keratopathy, keratoconus, corneal degeneration, keratoglobus, and dystrophy, as well as scarring due to keratitis and trauma.
The Shift towards Agile Development Model Creates Opportunities for Application Lifecycle Management Market
Published: Mar 2020
The increasing demand for agile development model by the enterprises encourages the growth of the application lifecycle management (ALM) market during the forecast period. Agile ALM is a comprehensive software development lifecycle that embodies the essential agile principles and provides guidance on all activities needed to successfully implement the software and systems development lifecycle.
Significant Rise in Orthopedic Surgeries to Drive the Global Orthopedic Braces and Supports Market
Published: Mar 2020
The global orthopedic braces and supports market is estimated to grow at a CAGR of 6.1% during the forecast period. Significant rise in orthopedic surgeries is primarily boosting the market growth. A significant rise in joint replacement procedures has been witnessed over the years. For instance, in the US, 1,525,435 hip and knee arthroplasty procedures performed between 2012 and 2018. While, during the period, 2012 and 2017, 1,186,955 cumulative procedures were performed.
Stringent Vehicle Emission Standards and Increasing Demand for Fuel-Efficient Vehicles Drive The Global Automotive Exhaust Systems Market
Published: Mar 2020
Global automotive exhaust systems market is anticipated to grow at a CAGR of 5.2% during the forecast period. The main function of a bushing is to reduce the transmission of vibrations and shocks from the road to the rest of the vehicle, which helps to improve the overall ride comfort and reduce noise and harshness inside the vehicle. Bushings are flexible and can be bent and moved in any direction without becoming floppy or losing their ability to return to their original shape and position.