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The global surgical lights market size was estimated at USD 1.5 billion in 2018 and is anticipated to expand at a CAGR of 4.6% over the forecast period. The surge in the number of hospitals, aging population, and prevalence of lifestyle diseases are some of the factors driving the growth. Developing healthcare infrastructure is further expected to further fuel the market. A rise in regulatory approvals for operating room equipment coupled with rising focus on offering better patient care across different healthcare facilities is expected to drive the demand for surgical lights. Read More »
The global wrapping machine market size was estimated at USD 2.5 billion in 2018. The food industry is among the prominent sectors that is projected to propel the demand for packaging equipment and allied equipment. Rapid industrialization, growing infrastructural developments, and increasing investments, especially in the food and beverage industry, are some of the factors expected to augment the demand for wrapping machine over the forecast period. Growing food and beverage industry, on account of factors like increasing population, rising household income, and increasing spending capacity, has increased the demand for a wide range of packaged food and beverage products. Read More »
The global L-carnitine market size is expected to reach USD 233.8 million by 2025, expanding at a CAGR of 4.8%, as per a new report by Grand View Research Inc. Growing consumer awareness regarding product benefits, along with incr... Read More »
The global wrapping machine market size is projected to be valued at USD 4.5 billion by 2025, expanding at a CAGR of 8.5%, according to a new report by Grand View Research, Inc. Facto... Read More »