Press Room

Digital Oilfield Market Size Worth $40.21 Billion By 2025 | CAGR: 4.7%

The global digital oilfield market size is expected to reach USD 40.21 billion by 2025, expanding at a CAGR of 4.7%, according to a new report by Grand View Research, Inc. Expected growth in the number of oil and gas reserves, coupled with the need for increased operational efficiency, is likely to strengthen the demand for digital oilfields. Growing requirement for real-time monitoring systems that provide timely updates through wireless connectivity is anticipated to provide growth opportunities for digital oilfield technology. The...Read More »

October 2019

Diving Suit Market Size Worth $721.0 Million By 2025 | CAGR: 6.2%

The global diving suit market size is expected to reach USD 721.0 million by 2025, expanding at a CAGR of 6.2% over the forecast period, according to a new report by Grand View Research, Inc. Rising number of individuals participating in watersports across the globe is anticipated to propel market growth over the forecast period. Continuous innovations in material technology by market players have resulted in increased customer inclination toward the product. The advent and adoption of polytherm tri-laminate material and no-stitch technology in diving gear is expected to offer numerous...Read More »

October 2019

Chromatography Resin Market Worth $2.8 Billion By 2025 | CAGR: 6.8%

The global chromatography resin market size is expected to reach USD 2.8 billion by 2025, expanding at a CAGR of 6.8% over the forecast period, as per a new report by Grand View Research Inc. Rising replacement of conventional separation techniques, such as filtration and distillation, with chromatography is projected to drive the growth. China, is expected to continue its dominance over the forecast period, as it is the largest consumer of chromatography resin in Asia Pacific. India has witnessed a massive acceleration in economic...Read More »

October 2019

Point of Care Ultrasound Systems Market Worth $ 1.1 Billion By 2026

The global point of care ultrasound systems market is expected to reach USD 1.1 billion by 2026, according to a new report by Grand View Research, Inc. Increasing number of emergency visits to hospitals with undifferentiated signs and symptoms is expected to increase the demand for point of care ultrasounds owing to its ability to quickly and effectively assess these critical conditions. Point of care ultrasound devices are being used as a therapeutic device, diagnostic device as well as device guiding medical procedures in the field such as cardiology,...Read More »

October 2019

U.S. Mobile Physician Practice Market Worth $201.4 Million By 2026

The U.S. mobile physician practice market size is expected to reach USD 201.4 million, expanding at a CAGR of 5.9% by 2026, based on a new report by Grand View Research, Inc. Advancements in healthcare technology have enabled physicians to improve medical practices offered during house calls. In addition, telehealth has enabled mobile practitioners to remotely monitor their patients and keep track of medical records efficiently. Growing prevalence of chronic diseases among geriatric population is anticipated to propel market growth. Disabilities owing to chronic...Read More »

October 2019

Smart Stadium Market Worth $21.00 Billion By 2025 | CAGR: 20.9%

The global smart stadium market size is expected to reach USD 21.00 billion by 2025, expanding at a 20.9% CAGR over the forecast period, according to a study conducted by Grand View Research, Inc. Increasing focus on engaging and entertaining the fans at stadiums, coupled with stringent security regulations framed by sports governing bodies are among the key factors driving the market growth. Additionally, growing demand for data-driven operations and upcoming international and national sports events are anticipated to increase the demand for smart stadiums. ...Read More »

October 2019

Wound Biologics Market Size Worth $6.43 Billion By 2026 | CAGR: 9.4%

The global wound biologics market size is expected to reach USD 6.43 billion by 2026, according to a new report by Grand View Research, Inc. is expected to grow at a CAGR of 9.4% over the forecast period. The rising geriatric population, introduction of technologically advanced products, and increasing cases of burns are the key driving factors for this market. The wound biologic therapy helps in restoring innate repair mechanisms of the patients. It also involves application of active biological agents such as plant-derived biomolecules....Read More »

October 2019

Brain Mapping Instruments Market Size Worth $2.33 Billion By 2026

The global brain mapping instruments market size is anticipated to reach USD 2.33 billion by according to a new report by Grand View Research, Inc. 2026 expanding at a 5.8%. CAGR over the forecast period, increasing incidence of brain ailments as well as other neurological diseases and rising adoption of advanced technology and increasing awareness of neurodiagnostic imaging is anticipated to boost the market’s growth. Increase in the number of patients suffering from neurological diseases such as Alzheimer’s disease, epilepsy, and Traumatic Brain Injury (TBI)...Read More »

October 2019

BFSI Security Market Size Worth $74.3 Billion By 2025 | CAGR: 13.1%

The global BFSI security market size is estimated to reach USD 74.3 billion by 2025, expanding at a CAGR of 13.1%, according to a new report by Grand View Research, Inc. Increasing risk of data loss owing to cyberattacks on banks and insurance companies is anticipated to propel the growth. Data related to the banking, financial services and insurance security (BFSI) industry is highly sensitive in nature as it contains personal or financial credentials. Thereby, cyber threats have prompted financial institutions to deploy reliable safety solutions at their premises. Frequent...Read More »

October 2019

Clinical Oncology NGS Market Size Worth $1.5 Billion By 2025

The global clinical oncology next generation sequencing (NGS) market size is expected to reach USD 1.5 billion by 2025, according to a new report by Grand View Research, Inc., registering a CAGR of 13.2% over the forecast period. Rise in demand for personalized medicine, coupled with growth in next generation sequencing technology, is anticipated to accelerate the growth of NGS technology in clinical diagnostics. Owing to the fact that next generation sequencing offers several advantages such as sensitivity, accuracy, and speed, this technology is...Read More »

October 2019

Europe Diabetes Devices Market Size Worth $8.7 Billion By 2026

The Europe diabetes devices market size is expected to reach 8.7 billion by 2026, according to a new report by Grand View research, Inc. registering a CAGR of 4.0% over the forecast period. The size of the market is justified by the contribution from developed European economies such as Germany, U.K., France, and Italy. The prevalence of diabetes is rising amongst all ages in the European countries, mainly due to the unhealthy lifestyle, obesity, overweight, and physical inactivity. According to the International Diabetes Federation (IDF), around 66.0 million people in...Read More »

October 2019

Drug Delivery Across Blood Brain Barrier Market Worth $4.6 Billion By 2026

The global drug delivery across blood brain barrier market size is expected to reach USD 4.6 billion by 2026, according to a new report by Grand View Research, Inc. registering a CAGR of 30.2% over the forecast period. Growing research, innovation, and treatment development activities to overcome the challenges faced due to the natural blood brain barrier is majorly driving the market growth. Growing prevalence of neurological diseases, such as Parkinson’s and Alzheimer’s disease is fueling the demand...Read More »

October 2019

Shape Memory Alloys Market Size Worth $26.0 Billion By 2025

The global shape memory alloys market size is expected to reach USD 26.0 billion by 2025 at a CAGR of 12.8%, according to a new report by Grand View Research, Inc. Shape memory alloy (SMA) refers to a metallic material that can be bent or stretched in its cool state. The alloy regains its original shape when heated above the transition temperature. Low temperature (martensite) and high temperature (austenite) are two stable phases of SMAs. Gradual expansion of the automotive industry is likely to play a significant role in the demand...Read More »

October 2019

Microarray Market Size Worth $7.44 Billion By 2026 | CAGR: 8.7%

The global microarray market size is expected to reach USD 7.44 billion by the year 2026, growing at a CAGR of 8.7%, according to a new report by Grand View Research, Inc. Market drivers propelling market growth include a global rise in cancer cases and a wide range of applications of microarrays in sequencing, genome mapping, personalized medicines, and others. A rise in global R&D investments is also key in propelling growth as this would lead to a rise in the use of microarrays for research purposes to advance and improve in healthcare. ...Read More »

October 2019

Intravenous Iron Drugs Market Size Worth $2.90 Billion By 2026

The global intravenous (IV) iron drugs market size is expected to reach USD 2.90 billion by 2026,expanding at a CAGR of 7.2% during the forecast period, according to a new report by Grand View Research. Growing prevalence of chronic diseases, noncompliance of oral drug treatment and recent approvals of novel products are the key factors driving the IV iron drugs market. However, some of the factors that are restraining the market include the adverse side effects, stringent regulations, availability of nutraceutical alternatives, and complex approval process. Iron is one of...Read More »

October 2019

ALS Treatment Market Size Worth $885.5 Million By 2026 | CAGR: 5.8%

The global amyotrophic lateral sclerosis treatment market size is expected to reach USD 885.5 million by 2026, according to a new report by Grand View Research. Some of the key factors driving the market include growing awareness about ALS, increasing incidence rate, and rising geriatric population. However, the cost associated with ALS treatment is high, which may hinder the market growth during the forecast period. Currently, no cure is available for ALS and treatments such as medications and stem cell therapies can only help to slow down the disease...Read More »

October 2019

U.S. Influenza Diagnostics Market Size Worth $166.0 Million By 2026

The U.S. influenza diagnostics market size is expected to reach USD 166.0 million by the year 2026 growing at a CAGR of 5.4% according to a new report by Grand View Research, Inc. Key drivers of the market include rising disease prevalence, increase in geriatric population and high-risk population for influenza such as children, pregnant women and immunosuppressed patients suffering from various chronic diseases. The rise in the prevalence of the flu in the U.S. is expected to boost market growth. Data from CDC indicates that flu incidence was relatively low in the months...Read More »

October 2019

Non-opioid Pain Patch Market Size Worth $1.04 Billion By 2026

The global non-opioid pain patches market size is expected to reach USD 1.04 billion by 2026, expanding at a CAGR of 4.6% during the forecast period, according to a new report by Grand View Research, Inc. Some of the key factors driving the market are rising incidence of pain related disorders and the various benefits offered by these patches over other forms of medication used to alleviate acute and chronic pain. According to the AAPM, chronic pain affects more individuals than cancer, diabetes, and coronary heart disease combined in the U.S. Estimates from the American...Read More »

October 2019

Robotic Nurse Assistant Market Size Worth $1,642.2 Million By 2026 | CAGR: 19.9%

The global robotic nurse assistant market size is expected to reach USD 1,642.2 million by 2026, according to a new report by Grand View Research, Inc. Rising geriatric population and decrease in the nurse-to-patient population are some of the factors contributing to the growth of robotic nurse assistant in the coming years. Rising research funding in healthcare robotics is expected to drive the demand for robotic nurse assistant over the forecast period. Independence support robots dominated the product type segment with a market...Read More »

October 2019

Chandelier Market Size Worth $8.5 Billion By 2025 | CAGR: 3.4%

The global chandelier market size is expected to reach USD 8.5 billion by 2025, at a CAGR of 3.4%, according to a new report by Grand View Research, Inc. Increasing use of chandeliers as decorative lighting product in commercial spaces is expected to impel market growth. Growing awareness regarding interior decoration coupled with increasing investments in home décor, especially by affluent millennials is anticipated to propel the growth. Social networking sites 1] play a vital role in promoting the use of chandeliers to...Read More »

October 2019