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Showing posts from August, 2022

External Defibrillators Market Size, Share, Trends And Forecast 2030

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  The global  external defibrillators market  size is anticipated to reach USD 6.5 billion by 2030, according to a new report by Grand View Research, Inc. The market is expected to expand at a notable CAGR of 9.3% from 2022 to 2030. The key factors driving the market growth include rising technological advancements, initiatives for promoting public access AEDs, and the incidence of sudden cardiac arrest. The COVID-19 pandemic increased awareness about defibrillation training and the use of external defibrillators in case of an adverse cardiac event, thus increasing demand for defibrillators. The pandemic also resulted in logistical bottlenecks and operational challenges. According to the study published in Elsevier, Inc., the number of out-of-hospital cardiac arrests occurring in Paris and its suburbs almost doubled amid the pandemic, from March 16 to April 26, 2020. Such factors are expected to boost sales of external defibrillators. In addition, the International Liaison Committee

Global Dispatch Console Market Size Is Expected To Reach USD 2.36 Billion By 2028

 The global  dispatch console market  size is expected to reach USD 2.36 billion by 2028, according to a new report by Grand View Research, Inc. It is expected to expand at a CAGR of 4.6% from 2021 to 2028. The growing need for maintaining seamless communication and exchange of pertinent information between dispatchers and field personnel, and subsequently, ensuring organized operations even in the most challenging conditions is expected to drive the market over the forecast period. The aggressive investments by various organizations, including public utility companies and police and fire departments, emergency medical services, and trucking and taxi companies, in deploying the latest communication tools are expected to contribute to the growth of the market. The initiatives market players are pursuing to roll out innovative dispatch consoles featuring advanced features, such as integrated contacts, rapid recall, display customization, and dial from maps, also bode well for the growth

Disposable Bronchoscopes Market Size, Trends, Forecast 2028

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  The global  disposable bronchoscopes marke t  size is expected to reach USD 1.3 billion by 2028, registering a CAGR of 13.4% over the forecast period, according to a new report by Grand View Research, Inc. Growing incidence of chronic respiratory disorders, such as COPD, lung stenosis, lung cancer, tumors, bronchitis, pneumonia, and lung infections, is the factor driving the market. Moreover, the growing demand for same-day surgeries or minimally invasive procedures due to shortened hospitalization, quicker recovery, and reduced postoperative care is driving the growth. The growing awareness levels about product benefits, such as reduced infection and contamination rate, are positively impacting the growth. Frequent product approvals are broadening the product portfolio of key players and catering to the growing demand. The hospitals' end-use segment dominated the market in 2021 owing to the growing favorable reimbursement policies, advancing healthcare infrastructure, higher ado

Biopharmaceutical CMO & CRO Market Size, Trends, Forecast 2030

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  The global  biopharmaceutical CMO and CRO market  size is expected to reach USD 54.1 billion by 2030, registering a CAGR of 6.6% over the forecast period, according to a new report by Grand View Research, Inc. Post-pandemic the market is being driven by the growing interest of conventional drug developers in the biological therapeutics. At present, outsourcing has become a cost-saving strategy for small- to medium-sized biomanufacturers, as it helps in eliminating the need for establishing costly specialized facilities or hiring and training personnel. The post-pandemic recovery has started owing to positive pipeline developments across modalities. For instance, Lonza and Moderna announced a ten-year collaboration for the commercial manufacturing of the COVID-19 vaccine. Such developments compensated for minor delays in clinical trials that occurred during the first half of 2020. The contract manufacturing organization segment is projected to unlock lucrative growth opportunities ove

North America And Europe Medical Technology Market Worth $647.1 Billion By 2028

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  North America and Europe medical technology market  size is expected to reach USD 647.1 billion by 2028, according to a new report by Grand View Research, Inc. The market is expected to expand at a CAGR of 11.5% from 2021 to 2028. The growing patient population at healthcare facilities, ineffective hospital service management, rising healthcare expenditure, growing geriatric population coupled with rising prevalence of chronic diseases, increasing healthcare workforce shortage, and overburdened health systems is driving the digitalization and automation of the healthcare industry. These digital health solutions enhance patient-provider engagement and improve the quality of patient care. The improving internet connectivity and rising smartphone penetration is boosting the adoption of digital health solutions across North American and European markets.   The growing potential of the medical technology industry is attracting both public and private investors to support the development

LTCC And HTCC Market Size, Share, Growth And Forecast 2028

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  T he global  LTCC And HTCC market  size is expected to reach USD 3.9 billion by 2028, according to a new report by Grand View Research, Inc. The market is expected to expand at a CAGR of 3.5% from 2021 to 2028. The market growth is attributable to rising investments in wireless communication technology along with increasing penetration of automotive electronics in vehicles. In co-fired ceramic devices, the ceramic support structure and any resistive, conductive, and dielectric materials are fired in a kiln. Typical devices include capacitors, resistors, inductors, transformers, and hybrid circuits. Cofired ceramic devices are also used for multi-layer packaging in the electronics industry, such as in military electronics, Micro Electromechanical Systems (MEMS), microprocessors, and RF applications.   Co-firing can be divided into Low Temperature Co-fired Ceramics (LTCC) and High Temperature Co-Fired Ceramics (HTCC) applications. In LTCC, the sintering temperature is below 900°C. Th

Surgical Sphincteroplasty Market Size, Trends And Forecast 2028

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  The global  surgical sphincteroplasty market  size is expected to reach USD 2.67 billion by 2028, according to a new report by Grand View Research, Inc. The market is expected to expand at a CAGR of 6.6% from 2021 to 2028. Sphincteroplasty is a low-cost surgery as compared to other treatments anal incontinence. Factors such as low maintenance surgical tools and a 98.0% success ratio of sphincteroplasty have improved its adoption among surgeons.   The growing prevalence of anal incontinency (AI), increasing frequency of obstetric injury after childbirth, rise in innovative techniques to treat AI, and growing clinical studies are the key contributing factors propelling the growth of the market. Presence of fewer market players makes this a less competitive market. However, to strengthen their market position they are constantly involved in adopting developmental strategies like collaboration and acquisition with other market players. Request Free Sample Report: https://www.grandv

North America Legal Cannabis Market Worth $47.5 Billion By 2030

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  The  North America legal cannabis market  size is expected to hit USD 47.5 billion by 2030, registering a CAGR of 15.3% from 2022 to 2030, as per a new report by Grand View Research, Inc. The market is likely to see a marginal increase in demand due to the changing government policies for product legalization and use. Off-late, the population across North America has been made aware of the benefits entailing the use of cannabis for multiple indications. Many start-ups and the federal & private organizations are taking up research and production activities of cannabis-infused products and derivatives, which is further going to propel the market growth.   The use of cannabis has been more prevalent in the form of dried flowers and buds, up until its legalization, it was sold as an illicit drug across North America due to its psychoactive properties and addictive nature. The product usage in medicine is being propelled by the fact that in most products, THC, the compound present

Crypto ATM Market Is Emerging Worldwide

  The global  crypto ATM market  size is expected to reach USD 1.88 billion by 2028, expanding at a CAGR of 59.2% from 2022 to 2028, according to a new report by Grand View Research, Inc. The growth of the market can be attributed to the consistent increase in the number of new cryptocurrency users and the subsequent need for crypto ATMs to convert cryptocurrency into fiat money. According to the statistics provided by TripleA, a cryptocurrency payment company, there were about 300 million crypto owners worldwide as of 2021.   Crypto ATMs offer several benefits to cryptocurrency users. They provide cryptocurrency users with easier trading options. Also, users are not required to set up an account or deal with long public keys. Rather, crypto ATMs automatically generate the receipt for transactions and these receipts contain both private keys and public keys in the form of QR codes. Several retailers are trying to provide crypto ATM services to their customers as part of the effor