Posts

Showing posts from October, 2023

Global Endobronchial Ultrasound Biopsy Market Is Estimated To Witness Steady Growth Owing To Rising Incidence Of Lung Cancer & Increasing Number Of Biopsies

Image
   Endobronchial Ultrasound Biopsy Market  The  Endobronchial Ultrasound Biopsy Market    is estimated to be valued at US$ 631.2 Mn in 2022 and is expected to exhibit a CAGR of 4.6% over the forecast period 2017-2025 , as highlighted in a new report published by Coherent Market Insights. Market Overview: Endobronchial ultrasound (EBUS) biopsy uses an ultrasound bronchoscope to access lymph nodes in the chest and lungs. It is minimally invasive and used for tissue sampling and diagnosis of tumors, infection, or other lung diseases. EBUS biopsy provides real-time images of the bronchial walls and enables targeted biopsies of lesions or lymph nodes. Market Dynamics: Rising incidence of lung cancer is expected to be a major driver for the market. According to WHO, lung cancer was the most common cause of cancer-related deaths worldwide in 2018, accounting for over 1.7 million deaths. Furthermore, early diagnosis through EBUS biopsy provides better treat...

Catamaran Market Is Estimated To Witness High Growth Owing To Increasing Demand For Recreational Water Activities

Image
Catamaran Market The global Catamaran Market is estimated to be valued at US$ 1.35 Billion in 2021 and is expected to exhibit a CAGR Of 5.8% over the forecast period (2022-2030), as highlighted in a new report published by Coherent Market Insights. Market Overview: Catamarans are multi-hulled boats that are known for their stability, speed, and spaciousness. They are extensively used for various recreational water activities such as sailing, cruising, and racing. Catamarans offer several advantages over traditional monohull boats, including increased stability, reduced drag, and improved fuel efficiency. These factors have contributed to the growing popularity of catamarans among sailing enthusiasts and adventure seekers. Market Key Trends: One key trend in the catamaran market is the growing preference for luxury catamarans. With the increasing disposable income of individuals and rising demand for premium recreational experiences, luxury catamarans are becoming increasingly...

Background Music Market Is Estimated To Witness High Growth Owing To Rise In Commercial Establishments Adopting Background Music

Image
Background Music Market   The Background Music Market is estimated to be valued at Us$ 1.98 Bn in 2022 and is expected to exhibit a CAGR Of 6.3% over the forecast period 2018-2026 , as highlighted in a new report published by Coherent Market Insights. Market Overview: Background music provides ambient music experiences to customers, patients, and patrons of commercial establishments like retail stores, healthcare facilities, restaurants, etc. It helps in improving customer experience and engagement by creating a pleasant environment. Background music offers advantages like increased sales, reduced stress and anxiety, and improved mood and productivity of staff and customers. There is a growing need for professional background music services among commercial establishments to enhance customer experience. Market key trends: One of the major trends fueling the growth of background music market is the rising adoption of background music services by commercial establishments like r...

Agar Market Is Estimated To Witness High Growth Owing To Wide Applications In Food Industry

Image
Agar Market   The Agar Market is estimated to be valued at Us$ 298.07 Mn in 2022 and is expected to exhibit a CAGR Of 4.67% over the forecast period 2022-2030 , as highlighted in a new report published by Coherent Market Insights. Market Overview: Agar is a gelatinous, sugary substance extracted from algae. It is commonly used as a gelling agent, thickening agent and emulsifier in food products such as dairy, confectionery, bakery, pharmaceuticals and microbiology. Agar finds wide use as a vegetarian-friendly alternative to animal-derived gelatin. It helps improve texture and stability of products. The rising demand for vegan and plant-based food ingredients is fueling the adoption of agar. Market key trends: Agar finds wide applications in the food industry owing to its gelling and thickening properties. It is commonly used to prepare jams, jellies, desserts and confectionery where it acts as a gelling agent. In bakery products like cakes and pastries, agar helps improve ...

Automotive Parts Remanufacturing Market Is Estimated To Witness High Growth Owing To Rising Demand for Remanufactured Auto Parts

Image
Automotive Parts Remanufacturing Market   The global Automotive Parts Remanufacturing Market is estimated to be valued at US$ 60.8 billion in 2022 and is expected to exhibit a CAGR of 8.7% over the forecast period from 2023 to 2030, as highlighted in a new report published by Coherent Market Insights. Market Overview: The Automotive Parts Remanufacturing Market involves the remanufacturing process of used auto parts. Remanufactured auto parts are those that have been restored to their original condition and performance levels. These parts are thoroughly tested and repaired, making them a cost-effective alternative to new auto parts. The need for remanufactured auto parts arises due to their various advantages over new auto parts. Remanufactured parts are more affordable, as they are priced lower compared to new parts. They also contribute to environmental sustainability by reducing waste and recycling used parts. Remanufactured auto parts also offer similar performance and re...

Insurance Analytics Market Is Estimated To Witness High Growth Owing To Increasing Integration Of AI In The Insurance Sector

Image
  Hypercar Market The Insurance Analytics Market is estimated to be valued at US$ 15.2 Billion in 2022 and is expected to exhibit a CAGR Of 31.1% over the forecast period 2022-2030 , as highlighted in a new report published by Coherent Market Insights. Market Overview: Insurance analytics refers to data-driven statistical analysis of insurance data to identify risk, optimize business decisions, and enhance customer experience. It helps insurance companies to effectively manage fraud detection, claim processing, risk management, customer profiling, and predictive analysis. Insurance analytics tools analyze structured and unstructured data from various sources to generate insights for underwriting, risk assessment, fraud detection, and many other insurance functions. Market key trends: One of the major market trends fueling the growth of insurance analytics market is the increasing integration of artificial intelligence (AI) and machine learning capabilities. AI and mach...

Global Surgical Tourniquets Market Is Estimated To Witness High Growth Owing To Rising Number Of Surgeries & Increasing Healthcare Expenditure

Image
Surgical Tourniquets Market The Surgical Tourniquets Market is estimated to be valued at Us$ 481.0 Mn in 2022 and is expected to exhibit a CAGR Of 7.8% over the forecast period 2023-2032 , as highlighted in a new report published by Coherent Market Insights. Market Overview: A surgical tourniquet is a temporary occlusion device, usually an inflatable cuff, that is applied around an arm or leg to restrict blood flow during surgery or trauma to create a bloodless field. The use of tourniquets allows surgeons better visualization during procedures. They are commonly used in orthopedic, limb reconstruction and vascular surgical procedures. Market Dynamics: The global surgical tourniquets market is witnessing significant growth owing to the rising number of surgeries performed worldwide. According to the Organisation for Economic Co-operation and Development (OECD), over 231 million surgical procedures were performed globally in 2020. Additionally, increasing healthcare expenditure in ...

Autonomous Delivery Robots Market Is Estimated To Witness High Growth Owing To Increase In Use Of Autonomous Robots

Image
Autonomous Delivery Robots Market   The Autonomous Delivery Robots Market is estimated to be valued at Us$ 0.52 Mn in 2022 and is expected to exhibit a CAGR Of 43.4% over the forecast period 2022-2030 , as highlighted in a new report published by Coherent Market Insights. Market Overview: Autonomous delivery robots are robots equipped with sensors, cameras, and software which helps them to navigate autonomously and deliver products to customers without any human supervision. Autonomous delivery robots help in reducing delivery time and costs associated with last mile deliveries. They are used for delivering food orders, retail packages, postal mails and medical supplies within communities, universities and corporate campuses. Market key trends: The growing e-commerce sector along with the need of quick and efficient delivery is increasing the use of autonomous delivery robots. The demand for contactless deliveries amid COVID-19 pandemic has further boosted the adoption of ...

Global Baijiu Market Is Estimated To Witness High Growth Owing To Increasing Consumption Among Millennials And Rapid Urbanization

Image
Baijiu Market The Healthcare AI Market is estimated to be valued at US$ 900.24 Mn in 2022 and is expected to exhibit a CAGR of 4% over the forecast period 2023-2030, as highlighted in a new report published by Coherent Market Insights. Market Overview: Healthcare AI refers to the use of artificial intelligence techniques in medical science. It involves using algorithms and software to approximate human cognition in the analysis and diagnosis of medical imaging and diseases. Healthcare AI helps detect illnesses and diagnose patients more accurately by analyzing large amounts of complex medical data like patient records, medical images and reports. Market key trends: Healthcare AI is gaining increased adoption owing to the growing application of machine learning and deep learning algorithms across hospitals. AI is being applied to improve clinical workflow in areas such as computer-aided diagnosis, treatment planning and even drug discovery. For instance, AI is being used by top hospital...

Liquid Biopsy Market Is Estimated To Witness High Growth Owing To Detection Of Circulating Tumor Cells

Image
Liquid Biopsy Market   The Liquid Biopsy Market is estimated to be valued at Us$ 13,220 Mn in 2022 and is expected to exhibit a CAGR Of 4.5% over the forecast period 2023-2030 , as highlighted in a new report published by Coherent Market Insights. Market Overview: Liquid biopsy is a non-invasive blood test for detecting various types of cancer in the body. It allows doctors to obtain sample of tumor DNA circulating in the bloodstream. This technology is useful for monitoring cancer progression, detecting recurrence and determining the best treatment options. It provides safer and cost-effective alternative to surgical biopsy. Market Dynamics: Rising adoption for non-invasive detection of cancer is a major driver of growth for the liquid biopsy market. Liquid biopsies offer a seamless alternative to surgical tissue biopsies, which are more complex and invasive procedures. Additionally, ongoing advancements in liquid biopsy technologies such as newly developed assays, next-ge...

Veterinary Orthopedic Implants Market Is Estimated To Witness High Growth Owing To Increasing Prevalence Of Animal Injuries

Image
Veterinary Orthopedic Implants Market   The global Veterinary Orthopedic Implants Market is estimated to be valued at Us$ 296.5 Million in 2023 and is expected to exhibit a CAGR Of 5.9% over the forecast period (2023-2030) , as highlighted in a new report published by Coherent Market Insights. Market Overview: The veterinary orthopedic implants market consists of products such as plates, screws, pins, and wires, which are used to treat orthopedic injuries in animals. These implants provide stability and support to the injured bones and help in the healing process. Veterinary orthopedic implants play a crucial role in the treatment of fractures, osteoarthritis, and other musculoskeletal conditions in animals. They offer advantages such as improved mobility and functionality, reduced pain, and enhanced quality of life for the animals. The increasing prevalence of animal injuries, especially among pets and working animals, is driving the demand for veterinary orthopedic implant...

Security Spending Market Is Estimated To Witness High Growth Owing To Increasing Concerns Regarding Cybersecurity

Image
Security Spending Market The global Security Spending Market is estimated to be valued at US$152.81 Billion 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: The Security spending market includes various products and services aimed at providing protection against cyber threats. With the growing number of cybersecurity attacks and data breaches, organizations across various industries are increasing their spending on security measures. The market offers a wide range of products such as firewalls, antivirus software, intrusion detection systems, and encryption solutions, among others. These products help in safeguarding sensitive data and preventing unauthorized access to networks and systems. The need for such products is driven by the increasing reliance on digital technologies and the potential financial and reputational loss associated with cybersecurity i...

Refurbished Electronics Market Is Estimated To Witness High Growth Owing To Rising Demand For Affordable Electronic Devices

Image
Refurbished Electronics Market The global Refurbished Electronics Market is estimated to be valued at US$ 48.29 Billion 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: The refurbished electronics market comprises of electronic devices that have been restored to their original working condition after being repaired or returned by the customers. Refurbished electronics offer a cost-effective alternative to brand new devices, making them highly desirable among price-conscious consumers. These products undergo stringent quality checks and are often sold with warranties, ensuring customer satisfaction. The increasing demand for affordable electronic devices, coupled with the growing concern for electronic waste management, is driving the growth of the refurbished electronics market. Market key trends: One key trend in the refurbished electronics market is ...

Non-invasive Biosensors Market is Estimated To Witness High Growth Owing To Increasing Demand for Non-invasive Medical Monitoring Devices

Image
  Non-invasive Biosensors Market The global Non-invasive Biosensors Market is estimated to be valued at US$ 2.7 Bn in 2017 and is expected to exhibit a CAGR of 12.1% over the forecast period of 2018-2026 , according to a new report published by Coherent Market Insights. Market Overview: Non-invasive biosensors are devices that monitor various physiological parameters without the need for invasive procedures such as blood sampling. These devices offer several advantages, including painless measurements, reduced risk of infection, and continuous monitoring capabilities. The increasing prevalence of chronic diseases and the growing need for continuous healthcare monitoring are driving the demand for non-invasive biosensors in the market. Market Key Trends: One key trend in the non-invasive biosensors market is the increasing adoption of wearable biosensors. These devices can be worn on the body and provide continuous monitoring of various health parameters such as heart rate,...