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Showing posts from April, 2023

Consumer Genomics Market 2028 Growing Worldwide By Best Key players- Ancestry; Gene By Gene, Ltd. (FamilyTree DNA); 23andMe, Inc.; Color Genomics, Inc; Myriad Genetics, Inc; Mapmygenome; Positive Biosciences, Ltd; Futura Genetics; Helix OpCo LLC; MyHeritage Ltd.; Pathway Genomics; Veritas

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  The global consumer genomics market size is projected to reach USD 8.1 billion by 2028 , according to a new report by Grand View Research, Inc. The market is expected to expand at a CAGR of 19.4% from 2021 to 2028 . Technological advances in genetic research have helped to raise awareness among physicians as well as consumers pertaining to the use of gene-based testing. Genomics testing enables the determination of common traits by studying a DNA molecule, predictions about health, and offers evidence of a person’s ancestry. Several companies are providing DNA tests directly to customers by which they have access to their genetic information without involving the healthcare professional. Rising awareness about DNA testing has driven the adoption rate, which in turn provides healthy growth prospects for the implementation of DNA tests in home settings. The continuously declining costs of genotyping have resulted in direct-to-consumer services becoming more accessible to the avera

Companion Animal Health Market Projected To Exhibit Robust CAGR of 9.2% For The Forecast Period To 2028: Grand View Research Inc.

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  The global companion animal health market size is anticipated to reach USD 37.49 billion by 2028 , according to a new report by Grand View Research, Inc. The market is anticipated to grow at a CAGR of 9.2% from 2021 to 2028 . Growing pet adoption, rising cases of acute & chronic health conditions in pets, and availability of pet insurance are the factors responsible for the growth of this market. Growing investments and strategic initiatives by market players to develop advanced solutions for pet care is another key contributor to the growth of the market. For instance, in February 2020, Boehringer Ingelheim received approval for Aservo Equihaler, which is its first therapy for severe equine asthma. Furthermore, the rising adoption of pet insurance is anticipated to fuel the market growth. As per The Holland Insurance Company Pty. Ltd., 20% of GenY and 12% of baby boomer pet owners have pet insurances in Australia. The pet insurance industry is also growing steadily in countri

Brachytherapy Market 2028 Growing Worldwide By Best Key players- Varian Medical Systems, Inc.; Becton, Dickinson & Company; Elekta AB; Isoray Medical, Inc.; Eckert & Ziegler BEBIG; iCAD, Inc.; CIVCO Medical Solutions; Theragenics Corporation

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  The global brachytherapy market size is expected to reach USD 1.4 billion by 2028 , according to a new study by Grand View Research Inc. The market is expected to expand at a CAGR of 7.1% from 2021 to 2028. The growth of the market is largely attributable to the rising prevalence of cancer, technology advancements, and increasing investment in R&D by major players. According to the International Agency for Research on Cancer, the global incidence of cancer is expected to rise to 24.6 million by 2030, from 19.3 million in 2020. This is expected to be a major factor driving the growth of the market. Additionally, technological advancements and favorable reimbursement scenarios, particularly in the developed countries, are expected to drive market growth. However, the lack of access to technologically advanced systems particularly in developing nations, and the lack of skilled radiotherapy professionals are expected to restraint market growth. Around 70% of the cancer-related

Portable Toilet Rental Market Expected To Witness A Substantial Growth Of $34.86 Billion By 2030: Grand View Research Inc.

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  The global portable toilet rental market size is expected to reach USD 34.86 billion by 2030 , expanding at a CAGR of 7.5% during the forecast period, according to a new report by Grand View Research, Inc. Increasing infrastructural development, particularly in the regions like Asia Pacific, is expanding the scope of the market. The construction of an 850km-long-road in Indonesia including new sections of the Trans-Sumatran highway, and major road and rail projects underway in Melbourne, Perth, and Sydney are major contributors to the growth of the market. Robust growth in the hospitality and events sector has resulted in continued traction in the event planning segment, driving the demand for premium and luxury portable sanitation services. For instance, Washington, U.S.-based DA Productions DJ & Lighting offers luxury portable restrooms for event planners and organizers. The DJ and lighting service provider has a strong presence in the entertainment industry and works in co

Specialty Medical Chairs Market Expected To Witness A Substantial Growth Of $USD By 2030: Grand View Research Inc.

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  The global specialty medical chairs market size is expected to reach USD 7.0 billion by 2030 , registering a compound annual growth rate (CAGR) of 8.0% during the forecast period, according to a new report by Grand View Research, Inc. Increasing geriatric population is one of the major factors boosting the specialty medical chairs market. As per the WHO, it is estimated that from 2030 to 2050, the older population is expected to almost double to 1.6 billion globally. According to The World Bank, the population in the Asia Pacific region is aging rapidly. In East Asia and the Pacific, there were more than 211 million people aged 65 and over in 2010. The elderly population is expected to grow by 22% every five years in East Asia. This shows the potential demand for geriatric chairs in the coming years, which will subsequently propel the specialty medical chairs market. The rising prevalence of lifestyle-associated diseases, such as obesity, chronic kidney disease, diabetes, and car

Mexico Mining Market Expected To Witness A Substantial Growth Of $2.30 Billion By 2030: Grand View Research Inc.

  The Mexico mining market is expected to reach USD 2.30 billion by 2030 , according to a new report by Grand View Research, Inc, expanding at a CAGR of 2.9% over the forecast period. The growth of the industry is attributed to increasing demand for precious metals, which account for the major share of the market. Moreover, the growing demand for metals such as copper, zinc, and lead that find various uses in electrical & electronic applications are further fueling the market growth. The mining sector is getting rapid exposure of technological advancements such as automation and digitization. These include the introduction of automated tunnel drilling and drilling systems, autonomous vehicles, drone, and intelligent sensors, which are designed to increase the efficiency and management of mining operations and reduce wastage. For instance, in July 2022, Fresnillo, one of the world’s largest silver producers, placed an order to Eprico for underground mining machines. The order

Preparative And Process Chromatography Market is Predicted to Observe a Tremendous Growth, With a CAGR of 11.65% To 2028: Grand View Research Inc.

  The global preparative and process chromatography market size is expected to reach USD 17.26 billion by 2028 , according to a new report by Grand View Research, Inc. It is expected to expand at a CAGR of 11.65% from 2021 to 2028. High demand for monoclonal antibodies, coupled with the growing adoption of preparative chromatographic techniques in the bioprocessing industry, is anticipated to boost the revenue growth in the market over the forecast period. Moreover, an increase in the number of R&D activities in the pharmaceutical and biotechnology industries is driving the adoption of liquid chromatographic techniques in downstream assays, resulting in the anticipated market growth. In addition, technological developments to advance the final product recovery in terms of yield accelerate and augment the uptake of these techniques across various applications. Furthermore, expanding application of these techniques has propelled the key players to make strategic investments to