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Showing posts from December, 2023

Smart Helmet Market Research, Key Players, Analysis And Forecast 2030: Grand View Research Inc.

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  The global smart helmet market size is expected to reach USD 2,314.6 million by 2030 , growing at a CAGR of 17.0% from 2023 to 2030 , according to a new study by Grand View Research, Inc. The growing adoption of advanced wearable technology and government-imposed safety laws across the globe are the major factors driving the growth of the smart helmet industry. The increasing scope of smart helmets, to cover everything from providing safety and security with modular connectivity features to maintaining and recording the staff and workforce productivity in construction industries, is propelling the market's growth over the forecast period. Smart helmet technology providers are actively developing innovative products and expanding their product portfolios. For instance, in April 2021, Sena Technology, Inc., a technology provider for motorcycle communications, announced the launch of Rumba, a multi-sport Bluetooth helmet. Rumba offers features such as a two-way Bluetooth interco

Red Biotechnology Market Expected To Witness A Substantial Growth Of $997.74 Billion By 2030: Grand View Research Inc.

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  The global red biotechnology market size is expected to reach USD 997.74 billion by 2030 expanding at a CAGR of 10.6% from 2023 to 2030 according to a new report by Grand View Research, Inc. Red biotechnology has emerged as a most dynamic fields in terms of innovation in past few years. With increasing burden of chronic illnesses such as cancers, genetic disorders, diabetes, and many more, the demand for vaccines, monoclonal antibodies, gene therapies, and cell therapies has grown significantly. Robust pipeline is also expected to propel the growth of red biotechnology market on account of number of expected regulatory approvals in coming years. COVID- 19 pandemic also had a positive impact on the global market. The approval of various vaccines for management of the virus injected huge revenues within the market place. Similarly enormous number of research studies done for mapping the virus and formulating the vaccine resulted in an increased demand for antibodies, recombinant

2D Barcode Reader Market Expected To Witness A Substantial Growth Of $13.59 Billion By 2030: Grand View Research Inc.

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  The global 2D barcode reader market size is estimated to reach USD 13.59 billion by 2030 , growing at a CAGR of 8.5% from 2023 to 2030 , according to the recent reports of Grand View Research, Inc. The market growth can be attributed to the increasing proliferation of barcode scanners in electronic shopping systems, reduction in error rate, and improvement in operational efficiency, along with the surge in digitization and the adoption of automated systems. Furthermore, the rising demand for barcode readers from the e-commerce, retail, warehouse, and logistics sectors is expected to drive the demand for barcode readers, supporting the market growth. Individuals in metro cities are increasingly preferring supermarkets and hypermarkets for shopping for their everyday needs. As a result, supermarkets and hypermarkets are witnessing a larger footfall, especially on weekends and holidays, when managing the long queues and busy billing counters becomes a tedious task for store employees

Proteinase K Market Size Is Poised To Reach $7.8 Billion By 2030: Grand View Research Inc.

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  The global proteinase K market size is expected to reach USD 7.8 billion by 2030 , according to a new report by Grand View Research, Inc., expanding at a CAGR of 8.7% from 2023 to 2030 . The market growth is fueled by a broad range of applications in molecular diagnostic techniques and their associated enzymes for IVD. Proteinase K can be utilized as a supplement in PCR and NGS. Increasing applications of NGS in personalized medicine along with various clinically developed therapies are likely to favor the market for proteinase K. Gene expression profiling and targeted panels via qPCR remain the two most frequent uses for NGS sequences in a pathology lab. In addition, a decline in the price of NGS sequencing has expanded the use of NSC technologies. Therefore, the growing demand for NGS diagnostic techniques is expected to boost the market growth. In addition, the rising adoption of cell separation procedures is one of the major factors contributing to the market growth. Companies

Carbon dioxide Market Insights: Increasing demand in the medical industry

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  The global carbon dioxide market size is expected to reach USD 15.46 billion by 2030, expanding at 5.2% CAGR from 2023 to 2030, according to a new report by Grand View Research, Inc. The growth is majorly driven by the increasing usage of CO2 for enhanced oil recovery (EOR) in oil & gas plants. carbon dioxide (CO2) is considered to be among the major and most extensively utilized medical gases. Furthermore, in the medical industry, CO2 is used in respiratory and cryotherapy stimulation during the process and post-anesthesia application. In cryotherapy, CO2 in frozen form (–78.5 °C) is used for killing body cells via a crystallization process. This gas can also be used in several processes to remove moles, skin tags, and warts. CO2 also finds application in modern medicine to minimize invasive surgeries. In medicinal baths, it induces warm sensations and acts as a vasodilator for the skin by stimulating its heat receptors. In addition, insufflation with CO2 makes it easier to

EPharmacy Market In-Depth Research On Basis By Drug Type (Prescription Drug, OTC Drug), By Region, And Segment Forecasts, 2023 - 2030

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  San Francisco, 28 Dec 2023:  The Report ePharmacy Market Size, Share & Trends Analysis Report By Drug Type (Prescription Drug, OTC Drug), By Region (North America, Europe, Asia Pacific, Latin America, Middle East & Africa), And Segment Forecasts, 2023 - 2030 The global ePharmacy market size is expected to reach USD 255.6 billion by 2030 and is expected to grow at a CAGR of 20.4% over the forecast period, according to a new report by Grand View Research, Inc.   Factors driving the adoption of ePharmacy include the improved access to online & web-based services, increasing awareness regarding e-commerce among consumers, rise in the number of internet users, and a surge in the aging population experiencing difficulty to visit pharmacies. In addition, benefits, such as affordability, convenience, and ease in the availability of medicines, are boosting the adoption of these platforms. High treatment costs are driving the demand for low-cost healthcare services, which, in t