Press Room

Microfluidics Market Size Worth $60.3 Billion By 2028 | CAGR: 16.3%

Microfluidics Market Growth & Trends The global microfluidics market size is expected to reach USD 60.3 billion by 2028, according to a new report by Grand View Research, Inc. The market is expected to expand at a CAGR of 16.3% from 2021 to 2028. Significant across clinical and analytical research is expected to boost the adoption of microfluidics devices, thereby driving the market. Additionally, the need for effective devices, which can handle low-volume sample devices offers lucrative market opportunities. Thus, market entities have already begun to integrate microfluidics...Read More »

April 2021

Magnetic Resonance Imaging Coils Market Worth $13.7 Billion By 2028

Magnetic Resonance Imaging Coils Market Growth & Trends The global magnetic resonance imaging coils market size is expected to reach USD 13.7 billion by 2028, according to a new report by Grand View Research, Inc. The market is expected to expand at a CAGR of 7.5% from 2021 to 2028. The growing prevalence of chronic diseases such as cardiovascular, neurological, cancer, and urological is expected to drive the market. Rising chronic diseases is a global healthcare concern. In the U.S., over half of the adult population suffers from...Read More »

April 2021

Leisure Boat Market Size Worth $57.92 Billion By 2028 | CAGR: 4.5%

Leisure Boat Market Growth & Trends The global leisure boat market size is expected to reach USD 57.92 billion by 2028, according to a new report by Grand View Research, Inc. It is expected to expand at a CAGR of 4.5% from 2021 to 2028. The increasing popularity of marine and coastal tourism, coupled with the growing inclination toward yachting as a recreational activity, is a primary factor driving the market. Although the ongoing Covid-19 pandemic has proved to be a major hindrance for the market, the gradual re-opening of the economies and eased restrictions are paving the way to...Read More »

April 2021

Private 5G Network Market Worth $14.28 Billion By 2028 | CAGR: 39.7%

Private 5G Network Market Growth & Trends The global private 5G network market size is estimated to reach USD 14.28 billion by 2028, registering a CAGR of 39.7% from 2021 to 2028, according to a new study by Grand View Research, Inc. Significantly growing demand for ultra-reliable low-latency connectivity with an extremely secure network across several mission-critical applications, such as public safety, is expected to boost the deployment of private 5G networks during the forecast period. Moreover, a wide range of industries, including...Read More »

April 2021

Brushless DC Motor Market Worth $26.3 Billion By 2028 | CAGR: 5.7%

Brushless DC Motor Market Growth & Trends The global brushless DC motor market size is expected to reach USD 26.3 billion by 2028, registering a CAGR of 5.7% from 2021 to 2028, according to a study conducted by Grand View Research, Inc. These motors are thermally resistant, require low maintenance, and operate at low temperatures, eliminating any threat of sparks. Low-cost maintenance, high efficiency at lower costs, and the rising adoption of Electric...Read More »

April 2021

Biosensors Market Size Worth $41.8 Billion By 2028 | CAGR: 7.9%

Biosensors Market Growth & Trends The global biosensors market size is anticipated to reach USD 41.8 billion by 2028, according to a new report by Grand View Research, Inc. The market is expected to expand at a CAGR of 7.9% from 2021 to 2028. The rising prevalence of chronic conditions such as diabetes and obesity and the growing demand for early and accurate detection of any associated condition are the key driving factors for the market. As per the WHO report, in 2016 over 1.9 billion individuals were overweight, out of which nearly 650.0 million were obese....Read More »

April 2021

Breast Cancer Diagnostics Market Size Worth $6.8 Billion By 2028

Breast Cancer Diagnostics Market Growth & Trends The global breast cancer diagnostics market size is expected to reach USD 6.8 billion by 2028, according to a new study by Grand View Research Inc. The market is expected to expand at a CAGR of 7.0% from 2021 to 2028. The growth is largely attributable to the increasing geriatric population exposed to the risk of breast cancer and early detection coupled with increasing awareness about breast cancer. The introduction of 3D mammography or ...Read More »

April 2021

Digital Signage Market Size Worth $38.23 Billion By 2028 | CAGR: 7.5%

Digital Signage Market Growth & Trends The global digital signage market size is anticipated to reach USD 38.23 billion by 2028, according to a new report by Grand View Research, Inc. The market is expected to witness a CAGR of 7.5% from 2021 to 2028 owing to increasing demand from the end-use industries, which prominently include retail and healthcare. The creation and distribution of content with digital signage are effective promotional strategies for enterprises, as they can reach out to a larger audience base. This is...Read More »

April 2021

Pharmaceutical Logistics Market Size Worth $138.9 Billion By 2028

Pharmaceutical Logistics Market Growth & Trends The global pharmaceutical logistics market size is estimated to reach USD 138.9 billion by 2028, registering a CAGR of 8.5% over the forecast period, according to a new study by Grand View Research, Inc. The market growth is attributed to the rising demand for a variety of drugs as a result of increasing cases of chronic and lifestyle-related diseases. The market is expected to witness a high growth rate in ...Read More »

April 2021

5G Chipset Market Size Worth $66.45 Billion By 2028 | CAGR: 69.1%

5G Chipset Market Growth & Trends The global 5G chipset market size is expected to reach USD 66.45 billion by 2028, according to a new study by Grand View Research, Inc. It is expected to expand at a CAGR of 69.1% from 2021 to 2028. The rapidly rising demand for ultra-reliable and low-latency data networks capable of delivering seamless connectivity is estimated to boost market growth over the forecast period. As such, the 5G chipset is turning out to be an integral part of modern telecommunication equipment. 5G chipsets can be found in the latest ...Read More »

April 2021

5G System Integration Market Size Worth $39.57 Billion By 2028

5G System Integration Market Growth & Trends The global 5G system integration market size is estimated to reach USD 39.57 billion by 2028, registering a CAGR of 25.9% from 2021 to 2028, according to a new study by Grand View Research, Inc. Robust increase in the investments to deploy 5G network infrastructures across key countries, such as the U.S., China, and Japan, has created the demand for integrating entire fifth generation...Read More »

April 2021

Radiation Oncology Market Worth $11.7 Billion By 2028 | CAGR: 7.0%

Radiation Oncology Market Growth & Trends The global radiation oncology market size is expected to reach USD 11.7 billion by 2028, registering a CAGR of 7.0% over the forecast period, according to a new report by Grand View Research, Inc. The rising incidence of cancer and technological advancement in radiation therapy equipment are some of the major factors driving the growth of the market. There have been various technological advancements in r...Read More »

April 2021

Active Electronic Components Market Worth $529.86 Billion By 2028

Active Electronic Components Market Growth & Trends The global active electronic components market size is estimated to reach USD 529.86 billion by 2028, registering a CAGR of 9.2% from 2021 to 2028, according to a new study by Grand View Research, Inc. Growing demand for active electronics components in the production of smart home appliances, such as refrigerators, air conditioners, and ...Read More »

April 2021

Australia Kids Scooter Market Worth $5.53 Million By 2028 | CAGR 4.9%

Australia Kids Scooter Market Growth & Trends                              The Australia kids scooter market size is expected to reach USD 5.53 million by 2028, according to a new report by Grand View Research, Inc. It is expected to expand at a CAGR of 4.9% from 2021 to 2028. With changing lifestyles, riding a kids scooter is considered to be a fun activity, which is...Read More »

April 2021

Synthetic Leather Market Worth $57.0 Billion By 2028 | CAGR: 7.8%

Synthetic Leather Market Growth & Trends The global synthetic leather market size is anticipated to reach USD 57.0 billion by 2028, according to a new report by Grand View Research, Inc., growing at a CAGR of 7.8% from 2021 to 2028. Increasing product application scope in footwear has been a major factor driving the market growth. In addition, growing importance and awareness about animal rights and stringent laws regarding the usage of real leather are...Read More »

April 2021

Dairy Alternatives Market Worth $52.58 Billion By 2028 | CAGR: 12.5%

Dairy Alternatives Market Growth & Trends The global dairy alternatives market size is expected to reach USD 52.58 billion by 2028, according to a new report by Grand View Research, Inc. It is expected to expand at a CAGR of 12.5% from 2021 to 2028. The rise in demand for plant-based alternatives and changing consumer diets utilizing milk alternatives are driving the demand for dairy alternatives. Increasing occurrence of milk allergies or cases of lactose intolerance is expected to drive the market further. People with lactose intolerance are...Read More »

April 2021

U.S. Faucet Market Size Worth $4.7 Billion By 2028 | CAGR: 4.8%

U.S. Faucet Market Growth & Trends The U.S. faucet market size is anticipated to reach USD 4.7 billion by 2028, according to a new report by Grand View Research, Inc. The market is expected to expand at a CAGR of 4.8% from 2021 to 2028. Rising demand for home furnishings and fittings is driving the market. According to the Leading Indicator for Remodeling Activity (LIRA), home improvement spending grew at 6.0% annually in 2019. The growing construction of smart homes and smart bathrooms can be attributed to an increasing number of consumers...Read More »

April 2021

Histology And Cytology Market Size Worth $37.7 Billion By 2028

Histology And Cytology Market Growth & Trends The global histology and cytology market size is expected to reach USD 37.7 billion by 2028, according to a new report by Grand View Research, Inc. The market is expected to expand at a CAGR of 13.1% from 2021 to 2028. The factors contributing to market growth include increasing incidence of cancer, development of advanced tools for early disease diagnosis, implementation of immunohistochemistry, and innovation in microscopy. In addition,...Read More »

April 2021

Medical Flexible Packaging Market Size Worth $26.3 Billion By 2028

Medical Flexible Packaging Market Growth & Trends The global medical flexible packaging market size is expected to reach USD 26.3 billion by 2028, according to a new report by Grand View Research, Inc., expanding at a CAGR of 6.5% from 2021 to 2028. Increasing demand for pharmaceutical products in emerging economies as well as growing demand for drug delivery systems in developed countries are driving the growth of the market. The use of ...Read More »

April 2021

Lactic Acid Market Size Worth $5.02 Billion By 2028 | CAGR: 8.0%

Lactic Acid Market Growth & Trends The global lactic acid market size is expected to reach USD 5.02 billion by 2028, according to a new report by Grand View Research, Inc. It is expected to expand at a CAGR of 8.0% from 2021 to 2028. The market growth can be attributed to the increasing demand for lactic acid in various end-use industries, including industrial, food and beverages, and pharmaceuticals, especially in emerging economies such as India, China, and Indonesia. Additionally, demand for this product as a feedstock in the production of ...Read More »

April 2021