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Showing posts from October, 2023

Myocardial Infarction Market Is Estimated To Witness High Growth Owing To Increasing Incidence Rates And Expanding Geriatric Population

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Myocardial Infarction Market The Myocardial Infarction Market is estimated to be valued at US$ 1,816.8 Mn in 2023 and is expected to exhibit a CAGR of 5.9 % over the forecast period from 2021 to 2028, as highlighted in a new report published by Coherent Market Insights. Market Overview: Myocardial infarction, commonly known as a heart attack, occurs due to reduced blood flow and oxygen delivery to the heart muscle. It damages heart muscles due to blockage in coronary arteries. Some key symptoms include chest pain, shortness of breath, nausea etc. Major treatment types include medication such as antiplatelets, beta-blockers and statins. Other treatment options include procedures such as percutaneous coronary intervention (PCI) and coronary artery bypass grafting (CABG). Market Dynamics: The myocardial infarction market is mainly driven by increasing incidence rates of myocardial infarction globally. According to World Health Organization (WHO), cardiovascular diseases (CVDs) kill ...

Market Is Estimated To Witness High Growth Owing To Increasing Demand From Defense Sector & Emerging Applications In Commercial Sectors

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  unmanned combat aerial vehicle market The unmanned combat aerial vehicle market is estimated to be valued at US$ 12.5 Bn in 2023 and is expected to exhibit a CAGR of 10% over the forecast period 2023-2030, as highlighted in a new report published by Coherent Market Insights. Market Overview: Unmanned combat aerial vehicles, also known as combat drones, are powered aerial vehicles that do not have a human pilot onboard. They are primarily used for military operations such as surveillance, target acquisition, and precision weapons delivery. Modern unmanned combat aerial vehicles have high-resolution cameras, sensors for intelligence gathering, and can be remotely controlled or fly autonomously using radar and GPS for navigation. They provide tactical advantages over manned aircraft by extending the operational capabilities of armed forces. Market Dynamics: The demand for unmanned combat aerial vehicles is growing from defense sectors globally as they provide militaries with c...

Car Rental Market Growth Owing To Increasing International And Domestic Tourism & Digitalization

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car rental market The car rental market is estimated to be valued at US$ 119.28 billion in 2023 and is expected to exhibit a CAGR of 11% over the forecast period 2022-2027, as highlighted in a new report published by Coherent Market Insights. Market Overview: The car rental market involves short-term rental of automobiles and utility vehicles. Key products associated with the market include economy cars, executive cars, luxury cars, SUVs, and MUVs. Customers can rent vehicles through both offline and online channels for purposes such as leisure travel, business travel, and airport transportation. Market Dynamics: The global car rental market is primarily driven by the increasing number of international and domestic travelers worldwide. International tourist arrivals crossed the 1 billion mark in 2012 and are expected to reach 1.8 billion by 2030 according to UNWTO projections. Additionally, the digitalization of the car rental industry has made booking and rental processes highly...

Market Is Estimated To Witness High Growth Owing To Its Promising Pipeline And Strong R&D Investments.

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  Antibody Drug Conjugates The Antibody Drug Conjugates Market is estimated to be valued at US$ 5.38 billion in 2023 and is expected to exhibit a CAGR of 14.2% over the forecast period 2023-2030, as highlighted in a new report published by Coherent Market Insights. Market Overview: Antibody-drug conjugates (ADCs) are bioconjugate compounds used for targeted drug delivery. They consist of monoclonal antibodies attached to a small-molecule drug or cytotoxic agent. The monoclonal antibody helps target the cancer cells and the cytotoxic agent then kills those cells. ADCs help deliver highly potent anti-cancer drugs directly to the tumor while limiting side effects in non-cancerous cells. Market Dynamics: The growing antibody drug conjugates market is driven primarily by its promising pipeline and strong R&D investments from major players. Several late-stage pipelines are expected to be commercialized during the forecast period, propelling market growth. For instance, AstraZene...

Market Is Estimated To Witness High Growth Owing To Increasing Meteorological Applications And Technological Advancements In Weather Radar Systems

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  Weather Radar Market The Weather Radar Market is estimated to be valued at US$ 117.29 million in 2023 and is expected to exhibit a CAGR of 19.9% over the forecast period 2023-2030, as highlighted in a new report published by Coherent Market Insights. Market Overview: Weather radar, also known as weather surveillance radar (WSR), is a type of radar used by meteorologists to locate precipitation, calculate its motion, and estimate its type (rain, snow, hail etc.). Modern weather radars are mostly pulse-Doppler radars that can detect the motion of raindrops in addition to the intensity of the precipitation. They are used for both research and operational applications, including monitoring current weather conditions, tracking the progress and behavior of storms, and modeling their development. Market Dynamics: The growth of the weather radar market is majorly driven by increasing meteorological applications of weather radar systems. Weather radars help in getting critical wea...

Market Is Estimated To Witness High Growth Owing To Increased Environmental Regulations & Focus on Sustainability

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  Climate Change Consulting market The Climate Change Consulting market is estimated to be valued at US$6.5 Bn in 2023 and is expected to exhibit a CAGR of 5.7% over the forecast period 2022-2030, as highlighted in a new report published by Coherent Market Insights. Market Overview: Climate change consulting services include assisting organizations and governments to develop and implement strategies to reduce greenhouse gas emissions, evaluate climate risks and vulnerabilities, perform carbon accounting and management, and advise on compliance with climate regulations. The market caters to various end-use industries such as energy & utilities, mining & metals, transportation, and construction among others. Market Dynamics: Increased environmental regulations around the world along with focus on sustainability are expected to be the major drivers of climate change consulting market growth over the forecast period. Regulatory bodies across countries have implemented str...

Market Is Estimated To Witness High Growth Owing To Increasing Demand For Integrated Chips And Growing Adoption Of IoT

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   System on a Chip (SoC) Market The System on a Chip (SoC) Market is estimated to be valued at US$ 140.99 Bn in 2023 and is expected to exhibit a CAGR of 8% over the forecast period 2022 to 2030, as highlighted in a new report published by Coherent Market Insights. Market Overview: A system on a chip or SoC refers to integrating all the components of a computer or other electronic systems into a single integrated circuit. It integrates features like CPU, memory, I/O peripheral interfaces all into a single chip. SoCs are leveraged across various industries and products ranging from smartwatches, consumer electronics, smartphones, networking equipment, automotive electronics, industrial automation and more. Market Dynamics: The System on a Chip (SoC) Market is witnessing high growth owing to increasing demand for highly integrated chips from consumer electronics manufacturers as well as growing adoption of IoT (Internet of Things) solutions across industries. One of the ...

Market Is Estimated To Witness High Growth Owing To Rising Geriatric Population and Increased Awareness About Benefits of Speech Therapy

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U.S. Speech Therapy The U.S. Speech Therapy Market is estimated to be valued at US$ 4.35 Bn in 2023 and is expected to exhibit a CAGR of 5.4% over the forecast period 2021-2028, as highlighted in a new report published by Coherent Market Insights. Market Overview: Speech therapy, also known as speech-language pathology, is a field of expertise practiced by a clinician known as a speech-language pathologist (SLP). SLPs are trained to evaluate, diagnose, treat and help prevent speech, language, social communication, cognitive-communication, and swallowing disorders in children and adults. It typically involves various techniques and exercises tailored to an individual's specific needs. Market Dynamics: Rising geriatric population in the U.S. experiencing conditions like strokes, Parkinson's disease, and dementia requiring speech therapy is a major growth driver for this market. According to the UN estimates, more than 30% of American population will be aged 65 years or olde...

Myopia And Presbyopia Eye Drops Market Driven By Large Patient Population And Increasing Adoption Of Prescription Eye Drops

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myopia and presbyopia eye drops market  The myopia and presbyopia eye drops market is estimated to be valued at US$ 52.7 million in 2023 and is expected to exhibit a CAGR of 74.3% over the forecast period of 2021-2028, as highlighted in a new report published by Coherent Market Insights. Market Overview: Myopia and presbyopia are the most common vision disorders worldwide. Myopia refers to nearsightedness, where the eyes have difficulty focusing on distant objects. Presbyopia causes the inability to focus on nearby objects and is associated with aging. The major causes of increased prevalence are extensive use of digital devices and lack of outdoor activities. Several pharmaceutical companies are developing eye drop formulations of existing pharmaceuticals to provide prescription alternatives to eyeglasses and contacts. Market Dynamics: The myopia and presbyopia eye drops market is driven by the large patient population suffering from these conditions globally. An estimated ...

Industrial Hand Protection Gloves Market Is Estimated To Witness High Growth Owing To Increased Focus On Workplace Safety &Stringent Regulatory Standards

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  Industrial Hand Protection Gloves The Industrial Hand Protection Gloves Market is estimated to be valued at US$ 11,485.1 million in 2023 and is expected to exhibit a CAGR of 11.20 % over the forecast period from 2021 to 2028, as highlighted in a new report published by Coherent Market Insights. Market Overview: Industrial hand protection gloves help protect hands from risks such as cuts, burns, and chemical hazards. These gloves are made from various materials such as leather, rubber, nitrile, and kevlar to suit different working applications in industries such as manufacturing, construction, chemicals, and oil & gas. With stringent workplace safety regulations, industrial hand gloves have become a necessary part of personal protective equipment. Market Dynamics: Growth in the industrial hand protection gloves market is driven by the increasing focus on workplace safety and stringent regulatory norms pertaining to worker safety. Regulatory bodies such as Occupational Safe...

Market Is Estimated To Witness High Growth Owing To Personalization And Monetization

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Gamification Market  The Gamification Market is estimated to be valued at US$ 7.6 Bn in 2023 and is expected to exhibit a CAGR of 24.9% over the forecast period 2020 to 2027, as highlighted in a new report published by Coherent Market Insights. Market Overview: Gamification is the process of implementing game mechanics and game design techniques in non-game contexts like business and education in order to increase user engagement, productivity, sharing and loyalty. It involves enhancing services, tasks and workflows with motivational affordances in order to make work more fun and engaging. Many companies are using gamification techniques to increase user engagement and loyalty, improve productivity and motivate behaviors. Gamification can be applied across applications like marketing, sales, product development, human resources and customer support to drive desired behaviors and outcomes. Major industries adopting gamification include education, finance, healthcare, retail and...

Market Is Estimated To Witness High Growth Owing To Growing Renewable Energy Targets & Falling Technology Costs

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EMEA Small Wind Turbines  The EMEA Small Wind Turbines Market is estimated to be valued at US$ 45,424.6 Th in 2023 and is expected to exhibit a CAGR of 6.6% over the forecast period from 2023 to 2028, as highlighted in a new report published by Coherent Market Insights. Market Overview: Small wind turbines are the electric generators used for converting kinetic energy of wind into electricity. These are designed for residential or commercial usage producing between 1 kW to 100 kW of electricity. They primarily operate independently or as hybrid systems in areas with limited access to electric grids. Market Dynamics: The EMEA small wind turbines market is driven by growing renewable energy targets set by various governments in the region and falling technology costs. European Union has mandated that 32% of total energy production in the region needs to come from renewable sources by 2030. This is increasing investments and demand for small wind turbine installations. Moreover, ...

Market Is Estimated To Witness High Growth Owing To Growing Demand For Personalized Medicine & Advancements In AI and Genomics Technologies

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Artificial Intelligence In Digital Genome Market  The Artificial Intelligence In Digital Genome Market is estimated to be valued at US$ 269.8 million in 2023 and is expected to exhibit a CAGR of 44.8% over the forecast period of 2023-2028, as highlighted in a new report published by Coherent Market Insights. Market Overview: Artificial intelligence facilitates the analysis of genomic data and helps discover meaningful patterns for disease diagnosis and drug development. AI in genomics is used for various applications such as genome analysis, precision medicine, non-invasive prenatal testing, and drug discovery. It aids in the detection of genetic variants, identification of disease-causing genes, and helps predict disease risks and drug responses at an individual level with high accuracy. Market Dynamics: Growing demand for personalized medicine: Advances in genomics and artificial intelligence have enabled the discovery of genetic basis of diseases and development of personal...

Global Electric Wheelchair Market Is Estimated To Witness High Growth Owing To Increasing Aging Population and Technological Advancements

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The Global Electric Wheelchair Market is estimated to be valued at US$ 6,387.3 million in 2023 and is expected to exhibit a CAGR of 10.7% over the forecast period 2023 to 2028, as highlighted in a new report published by Coherent Market Insights. Market Overview: Electric wheelchairs are specially designed motorized chairs that provide mobility solutions for individuals with mobility impairments. These chairs are equipped with power systems, allowing users to move easily and independently. They offer convenience, comfort, and improved quality of life to individuals with disabilities or limited mobility. Electric wheelchairs find applications in hospitals, rehabilitation centers, and home healthcare settings. With technological advancements and an increasing aging population globally, the demand for electric wheelchairs is expected to witness significant growth in the coming years. Market Dynamics: The electric wheelchair market is driven by two primary factors. Firstly, the increa...