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Showing posts from November, 2023

Immunotherapy Is The Fastest Growing Segment Fueling The Growth Of The Metastatic Melanoma Therapeutics Market

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   Metastatic Melanoma Therapeutics Market The Global Metastatic Melanoma Therapeutics Market is estimated to be valued at US$ 8011.15 Mn in 2023 and is expected to exhibit a CAGR of 11% over the forecast period 2023 to 2030, as highlighted in a new report published by Coherent Market Insights. Market Overview: Metastatic melanoma therapeutics are drugs used for treating metastatic melanoma, which is the most dangerous type of skin cancer that has spread to other organs of the body. These therapeutics have advantages such as targeted action, improved efficacy and reduced side effects compared to conventional chemotherapy. Effective treatment of metastatic melanoma has become an important health issue. Market key trends: One of the key trends in the metastatic melanoma therapeutics market is the increasing demand for precision medicines or targeted therapies. These include targeted immune checkpoint inhibitors and BRAF/MEK inhibitor combinations. These therapies have rev...

Mobile Gaming Is Fastest Growing Segment Fueling The Growth Of Global Social Gaming Market

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Social Gaming Market The Global Social Gaming Market is estimated to be valued at US$ 31.61 Bn in 2023 and is expected to exhibit a CAGR of 16% over the forecast period 2023 to 2030, as highlighted in a new report published by Coherent Market Insights. Social gaming refers to video games where multiple players interact with each other in real-time through online capabilities and includes game types such as casual, serious, and core games. Social games have emerged as most popular form of interactive entertainment in recent times among various age groups. The market has witnessed immense growth over the years led by growing popularity of mobile gaming. Market Overview: Social gaming involves playing video games in an interactive online environment with others. It allows players to connect with friends, family, and others from around the world using social platforms such as Facebook or mobile apps. Various genres of social games include casual, serious, and core games. Growing inter...

Cloud Software As A Service (Saas) Is Fastest Growing Segment Fueling The Growth Of Software Rental Service Market

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 Software Rental Service Market  The Global Software Rental Service Market is estimated to be valued at US$ 42.92 Bn in 2023 and is expected to exhibit a CAGR of 6.0% over the forecast period 2023 to 2030, as highlighted in a new report published by Coherent Market Insights. Market Overview: Software rental service provides software on a subscription or on a lease basis. This eliminates upfront investment costs and provides organizations flexibility to access new technologies. Key products offered through rental services include enterprise resource planning, customer relationship management, human resource management and collaboration software. Market key trends:  One of the major trends in the software rental service market is the adoption of cloud-based SaaS delivery model. SaaS allows businesses to access software applications over the internet on a subscription basis without having to install or maintain servers. With benefits such as scalability, lower upfront c...

Artificial Intelligence Is Fastest Growing Segment Fueling The Growth Of Smart Highway Market

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  Smart Highway Market  The Global Smart Highway Market is estimated to be valued at US$ 52.5 Mn in 2023 and is expected to exhibit a CAGR of 10% over the forecast period 2023 to 2030, as highlighted in a new report published by Coherent Market Insights. Market Overview: Smart Highway incorporates advanced monitoring and communications technologies to help manage traffic flow, reduce congestion, and enhance safety. Smart highways provide real-time traffic updates, emergency response services, driver assistance, and intelligent transportation systems (ITS) to improve travel experience. Market key trends:  One of the key trends in the smart highway market is the emergence of artificial intelligence (AI). AI plays a vital role in autonomous and connected vehicles that communicate with smart infrastructure. AI collects real-time data from sensors, cameras and other IoT devices along the highway to detect anomalies, predict traffic patterns and optimize traffic flow....
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Secondary Battery Market  The Global Secondary Battery Market is estimated to be valued at US$ 104461.1 Mn in 2023 and is expected to exhibit a CAGR of 10% over the forecast period 2023 to 2030, as highlighted in a new report published by Coherent Market Insights. Market Overview: Secondary batteries are rechargeable batteries that can be reused multiple times by recharging them through an external electric current. They are used in various electronic devices such as smartphones, laptops, electric vehicles, etc. Secondary batteries provide advantages such as safety, high energy density, long life cycle, and environmental friendliness. Market key trends: One of the key trends gaining traction in the secondary battery market is 3D battery printing. 3D battery printing technology allows fabrication of precise battery designs with intricate geometries that are not possible through traditional manufacturing methods. This facilitates fabrication of customizable secondary batteries...

Ski Boot Is Fastest Growing Segment Fueling The Growth Of Ski Gear And Equipment Market

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Ski Gear And Equipment Market The Global Ski Gear And Equipment Market is estimated to be valued at US$ 1410.8 Mn in 2023 and is expected to exhibit a CAGR of 2.9% over the forecast period 2023-2030, as highlighted in a new report published by Coherent Market Insights. Market Overview: Ski gear and equipment are used for skiing or snowboarding activities. This includes ski boots, skis, ski poles, ski bindings, goggles, helmets and protective gear like jackets and pants. Ski gear provides safety, support and allows better control while skiing or snowboarding on snow covered slopes. Market key trends: One of the key trends in the ski gear and equipment market is the growing popularity of ski boots. Ski boot technology has advanced significantly over the past few years. Manufacturers are focusing on developing boots that provide a customized and comfortable fit. Some key innovations in ski boots include customizable flex settings, BOA lacing systems for quick and tight fitting, int...

Autonomous Inventory Management Is Fastest Growing Segment Fueling The Growth Of Retail Robots Market

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Retail Robots Market  The Global Retail Robots Market is estimated to be valued at US$ 15.63 Bn in 2023 and is expected to exhibit a CAGR of 30% over the forecast period 2023 to 2030, as highlighted in a new report published by Coherent Market Insights. Market Overview: Retail robots are used in inventory management, warehousing, packing & sorting, and surveillance applications in retail stores. They help in automating tedious and repetitive tasks with high accuracy and efficiency while reducing operating costs. Market key trends: One of the major trends in the retail robots market is the increasing adoption of autonomous inventory management robots. These robots can navigate autonomously in retail stores to scan product shelves and identify out-of-stock products or expiry items. They send real-time inventory data and alerts to the store managers for replenishment. This has significantly improved inventory management and reduced manual labor costs for retailers. Segme...

Antidepressant Therapies Is Fastest Growing Segment Fueling The Growth Of Serotonin Norepinephrine Inhibitor Market

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Serotonin Norepinephrine Inhibitor Market  The Global Serotonin Norepinephrine Inhibitor Market is estimated to be valued at US$ 6.53 Bn in 2023 and is expected to exhibit a CAGR of 3.8% over the forecast period 2023 to 2030, as highlighted in a new report published by Coherent Market Insights. Market Overview: Serotonin-norepinephrine reuptake inhibitors (SNRIs) are a class of antidepressant medications that help treat major depressive disorder, generalized anxiety disorder, fibromyalgia and neuropathic pain by increasing levels of serotonin and norepinephrine in the brain. SNRIs have advantages over SSRIs as they act on both serotonin and norepinephrine rather than just serotonin alone. Market key trends: One of the emerging trends in the serotonin norepinephrine inhibitors market is the increased R&D activities for developing new treatment therapies combining multiple drug product types. Numerous clinical trials are currently underway to study the therapeutic efficacy...

Wafer Fabrication Equipment Is Fastest Growing Segment Fueling The Growth Of Semiconductor Equipment Market.

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Semiconductor Equipment Market  The Global Semiconductor Equipment Market is estimated to be valued at US$ 83.3 Bn in 2023 and is expected to exhibit a CAGR of 9.3% over the forecast period 2023 to 2030, as highlighted in a new report published by Coherent Market Insights. Market Overview: Semiconductor equipment is used for manufacturing integrated circuits, memory chips, and optoelectronics components. These devices find applications in various end-use industries including consumer electronics, healthcare, and automotive. Semiconductor equipment help perform critical steps such as deposition, etch, ion implantation and thermal diffusion during the wafer fabrication process. Market key trends: Miniaturization of semiconductors is one of the key trends witnessed in the global semiconductor equipment market. Continuous advancement and miniaturization help pack more transistors in a given chip area which boosts the performance of devices. Additionally, continuous downscaling a...
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Rare Earth Metals Market The Global Rare Earth Metals Market is estimated to be valued at US$ 5317.05 Mn in 2023 and is expected to exhibit a CAGR of 6.2% over the forecast period 2023 to 2030, as highlighted in a new report published by Coherent Market Insights. Market Overview: Rare earth metals include seventeen chemical elements which occur in earth's crust and are important for manufacturing various products like magnets, rechargeable batteries, mobile phones, electric vehicles etc. Due to uniqueness of their magnetic, luminescence and electrochemical properties, rare earth metals are widely used across industries for development of new technologies. Market key trends: Rare earth metals find extensive usage in manufacturing permanent magnets used in various industrial applications such as wind turbines, electric vehicles and consumer electronics. Strong demand from renewable energy and electric vehicles segment has been a major growth driver for rare earth metals market...

PVC Pipes Is Fastest Growing Segment Fueling Growth Of Global PVC Pipes Market

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PVC Pipes Market The Global PVC Pipes Market is estimated to be valued at US$ 62.34 Bn in 2023 and is expected to exhibit a CAGR of 5.9% over the forecast period 2023 to 2030, as highlighted in a new report published by Coherent Market Insights. Market Overview: PVC pipes are extensively used in irrigation, sewerage, plumbing, and drainage applications. They are durable, corrosion resistant, light weight and cost effective. With increasing construction activities globally, the demand for PVC pipes is growing rapidly. Market key trends: One of the key trends fuelling the growth of the PVC pipes market is growing urbanization. Rapid urbanization is increasing infrastructure development activities across both residential and commercial sectors. According to the UN, currently around 55% of the world's population lives in urban areas and is projected to increase to 68% by 2050. Consequently, the demand for durable and cost effective PVC pipes for water supply, sewage and drainage...

Healthcare Disinfection Is Estimated To Witness High Growth Owing To Rising Demand For Enhanced Disinfection

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  Peracetic Acid Market  The Peracetic Acid Market is estimated to be valued at US$ 1014.03 Mn in 2023 and is expected to exhibit a CAGR of 7.8% over the forecast period 2023-2030, as highlighted in a new report published by Coherent Market Insights. Market Overview: Peracetic acid is an organic compound with the chemical formula C2H4O3. It is commonly used as a sterilizing and bleaching agent. Peracetic acid is produced through an equilibrium reaction between acetic acid and hydrogen peroxide. It is used as a surfactant, disinfectant and bleaching agent in healthcare, food & beverage processing and other industries due to its effective antimicrobial properties. Market Dynamics: The growth of the peracetic acid market is mainly driven by rising demand from healthcare industry for enhanced disinfection and sterilization of medical equipment and devices. Peracetic acid's effectiveness against various microorganisms like bacteria, fungi, and viruses has resulted in its...

The Pepper Sprays Market Is Estimated To Witness High Growth Owing To Rising Crime Rates

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  Pepper sprays market The Pepper sprays market is estimated to be valued at US$ 31.47 Mn in 2023 and is expected to exhibit a CAGR of 13% over the forecast period 2023-2030, as highlighted in a new report published by Coherent Market Insights. Pepper sprays work as an effective self-defense tool against attackers and are popularly used by security guards and law enforcement agencies. The products are portable, easy-to-use, and deliver a disabling spray of Oleoresin Capsicum (OC) derived from peppers of the genus Capsicum within a range of 3-4 feet. Market Overview: Pepper sprays are widely used for personal safety and security purposes. The small, portable, and discreet devices offer effective protection against attackers by temporarily incapacitating them through eye irritation, pain, swallowing, and breathing difficulties. Key uses of pepper sprays include self-defense for women, law enforcement applications such as riot control and crowd dispersion, and security staff traini...

Passive Electronic Components Market Is Estimated To Witness High Growth Owing To Increasing Demand From Automotive And Consumer Electronics Industries

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Passive electronic components market The Passive electronic components market is estimated to be valued at US$ 36.16 Mn in 2023 and is expected to exhibit a CAGR of 5.0% over the forecast period 2023 to 2030, as highlighted in a new report published by Coherent Market Insights. Market Overview: Passive electronic components such as capacitors, resistors, inductors, transformers, and filters are key electronic components used in various applications across industries such as automotive, consumer electronics, telecom, industrial etc. They are used to regulate voltage and current, store charge, block DC while passing AC, tune circuit performance and provide physical support in electronic circuit boards and devices. Market Dynamics: The passive electronic components market is witnessing robust growth owing to increasing demand from automotive and consumer electronics industries. The growing adoption of electric vehicles has surged the demand for passive components needed in car info...

North America Variable Frequency Drive Market Is Estimated To Witness High Growth Owing To Growing Industrial Automation

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North America variable frequency drive market The North America variable frequency drive market is estimated to be valued at US$ 6285.02 Mn in 2023 and is expected to exhibit a CAGR of 5.6% over the forecast period 2023-2030, as highlighted in a new report published by Coherent Market Insights. Market Overview: A variable frequency drive is an industrial electrical device that adjusts the speed of electric motors by varying the frequency and voltage supplied to them. It is widely used in applications such as pumps, fans, blowers, industrial machinery and conveyor systems to control motor speed for efficient operation and energy saving. Variable frequency drives are used to obtain optimal speed control and reduce energy consumption as compared to constant speed drives. Market Dynamics: Growing industrial automation and rising demand for energy efficient solutions are expected to drive the North America variable frequency drive market over the forecast period. Rising labor costs and ne...

Neuroimaging Is Estimated To Witness High Growth Owing To Rise In Prevalence Of Neurological Disorders

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Neuroimaging market The Neuroimaging market is estimated to be valued at US$ 37.63 Bn in 2023 and is expected to exhibit a CAGR of 6.0% over the forecast period 2023 to 2030, as highlighted in a new report published by Coherent Market Insights. Market Overview: Neuroimaging encompasses various medical imaging techniques used to visualize the structure and function of the brain and spinal cord. It is conducted using imaging modalities such as computerized tomography (CT), magnetic resonance imaging (MRI), positron emission tomography (PET), and ultrasound. These imaging techniques provide valuable insights into the brain anatomy and physiology, and aid in the diagnosis and treatment of various neurological disorders such as Alzheimer's disease, dementia, epilepsy, and stroke. Growth in geriatric population and rising prevalence of neurological disorders globally are key factors driving the demand for neuroimaging procedures. Market Dynamics: One of the major drivers propellin...