ashinde's blog

The global Coronary Stents market was valued at USD 8.30 Billion in 2018 and is expected to reach USD 15.37 Billion by the year 2026 at a CAGR of 7.9%. A coronary stent is a small mesh tube that holds open passages in the body such as weak or narrow arteries. It is a small tube shaped device placed in the coronary arteries, which supply blood to the heart, to keep the arteries open in the treatment of coronary heart diseases. They are small expandable tubes used to treat narrowed or weakened arteries in the body.

The global aromatic solvent market size was USD 7.01 Billion in 2022 and is expected to reach USD 10.51 Billion in 2032, and register a revenue CAGR of 4.6% during the forecast period. Demand for Aromatic Solvents in various end-use sectors, including the automotive, building, and paint & coatings industries, among others is one of the major factors driving market revenue growth.

The global cancer immunotherapy market is forecasted to grow at a rate of 10.1% from USD 106.47 Billion in 2020 to USD 222.48 Billion in 2028. The global cancer immunotherapy market is growing at a substantial pace owing to the growing acceptance and inclination of the patients towards the newly invented advanced treatments over the conventional ones. In order to substantialize the severe and chronic diseases like cancer, every year, the cancer research centers invest a handful of the amount in their R&D, which fuels up the market growth by a large margin.

The global Diabetes devices market was USD 28.7 billion in 2022 and is expected register a revenue CAGR of 5.7% during the forecast period. Rising prevalence of diabetes, increasing awareness of the value of self-monitoring blood glucose levels, and rising use of innovative diabetes devices are major factors driving market revenue growth.

The global exoskeleton market size was USD 484.8 Million in 2021, and is expected to register a revenue CAGR of 45.9% during the forecast period. A major factor expected to drive market revenue growth is increasing incidence of stroke owing to rapid growth in elderly population across the globe. Rising Medical Device adoption rates in various industries such as car, military, defense, and construction are one of the primary drivers behind the market revenue growth. Furthermore, rising number of Spinal Cord Injuries (SCI) is expected to drive demand in global markets.

The global Assisted Reproductive Technology (ART) market size is expected to reach USD 39.12 Billion in 2030 and register a revenue CAGR of 7.4% during the forecast period. Increase in same sex marriages and high incidence of infertility is driving market revenue growth.

The air ambulance services market size was USD 17.76 Billion in 2022 and is expected to register a revenue CAGR of 11% during the forecast period.The segment offering community-based air ambulance services is expected to register fastest revenue CAGR. This can be due to rising demand for air ambulance services in isolated and rural locations, where they may be less accessible or need longer response times than ground-based emergency medical services.

The Alpha-Amylase Baking Enzyme Market is forecasted to grow from USD 295.5 Million in 2020 to USD 369.9 Million by 2028, at a CAGR of 2.9%, during the forecast period. The market is primarily driven by the growing importance of Enzymes in bread making to provide numerous features including dough improvement, colour texture, and continued softness. Alpha-amylase is a protein hydrolysis enzyme used to hydrolyze polysaccharide alpha bonds and to increase glucose and maltose yields.

The global Catalyst Market is estimated to reach USD 28.07 Billion by 2028, according to a new report by Reports and Data. This can be mainly associated with the increasing demand for refined petroleum products, chemical synthesis, and petrochemicals, the ability to reduce the amount of energy to produce an end product, and environmental laws on emission control. Energy cost is also a notable driver in the catalyst market as several industries are using catalysts to reduce their energy cost.

The global Bone Growth Stimulator market size was USD 1,241.8 Million in 2020 and is expected to register a CAGR of 5.5% during the forecast period. Bone growth stimulator has come up as the treatment of choice to stimulate natural healing process of bone through passing low-level pulses of electromagnetic energy to the site of injury or fusion. In order to avoid the need for painful ortho-surgical procedures and assist bone healing, preventive & therapeutic bone growth stimulation technologies have been developed over time.