Latest Market Research Report 2025

  North America Digital Health Industry Overview The North America digital health market size was valued at USD 80.7 billion in 2021 and is projected to grow at a compound annual growth rate (CAGR) of 27.8% from 2022 to 2030.   Favorable consumer perception on telehealth usage is increasing the willingness of healthcare service providers to use digital health and regulatory changes are enabling better reimbursement. These are some of the major factors anticipated to drive the market growth over forecast periods. In addition, the shortage of medical professionals, the growing geriatric population, and the increasing prevalence of chronic diseases, such as diabetes, cancer, and Cardiovascular Disorders (CVDs), are also expected to boost the adoption of remote patient monitoring platforms over the years.   Moreover, high penetration of smartphones and the internet, improved healthcare digitalization, increasing preference for virtual health...

  U.S. Digital Health Industry Overview The U.S. digital health market size was valued at USD 66.5 billion in 2021 and is projected to grow at a compound annual growth rate (CAGR) of 26.9% from 2022 to 2030.   The supportive environment for digital healthcare services and improved internet connectivity to deliver remote healthcare services using digital routes are anticipated to drive the market growth over the forecast years. In addition, growing smartphone adoption in the U.S. has also driven manufacturers to invest and capitalize on their growth opportunities in the digital health industry. For instance, in recent years, several applications have been launched, such as Doctors on Demand, Amwell, Garmin Connect, AssistRx, GoogleFit, etc. in the U.S.   Gather more insights about the market drivers, restrains and growth of the U.S. Digital Health Market   For instance, the U.S. Department of Health and Human Services’ Office of the National Coordinator for He...

  Computer Numerical Control Machines Industry Overview The global computer numerical control machines market size was valued at USD 56.40 billion in 2021 and is expected to expand a compound annual growth rate (CAGR) of 10.2% from 2022 to 2030.   The demand for computer numerical control (CNC) machines is estimated to reach over 2800 thousand units by 2030. The increasing demand for semiconductor production equipment, medical devices and Electric Vehicles (EV), and telecom communication devices is the primary factor expected to drive the market growth over the forecast period. Also, the growing demand for five-axis mill machines and ultra-precision machines required to address the needs for EV productions are anticipated to drive the growth.   Gather more insights about the market drivers, restrains and growth of the Global Computer Numerical Control Machines Market   The CNC machine market recovered well in 2021 due to increased machine orders acro...

  Root Beer Industry Overview The global root beer market size was estimated at USD 728.1 million in 2021 and is anticipated to grow at a compound annual growth rate (CAGR) of 4.6% from 2022 to 2030.   The market growth is driven by the increasing demand for low-alcoholic beverages, the rising popularity of root beer among millennials, and the growing foodservice market globally. The outbreak of Coronavirus disrupted the global root beer supply chain and distribution channel owing to the closure and restrictions on bars, restaurants, and hotels globally. According to the 2020 ProWein Business Report, the COVID-19 affected around 77% of hotels, with turnover declining by 60% across the sector, while restaurants saw sales decline by 91% by the end of 2020.   Gather more insights about the market drivers, restrains and growth of the Global Root Beer Market   However, in some countries, the market has benefited from the lockdown and travel restrictions. Root beer ...

  Smart Parking Systems Industry Overview The global smart parking systems market size was valued at USD 5.75 billion in 2021 and is expected to expand at a compound annual growth rate (CAGR) of 21.2% from 2022 to 2030.   Due to the COVID-19 pandemic, countries across the globe have experienced varying degrees of lockdowns and many governments have also issued policies to stimulate economic recovery. Cities are experiencing a steep drop in traffic congestion. According to SpotHero, Inc., a U.S.-based smart parking solutions provider, since mid-March 2020, the demand for parking systems has decreased by 90% across the U.S. This decline is expected to adversely impact the growth of the market in the country as well as across the globe, at least for a short duration.   Gather more insights about the market drivers, restrains and growth of the Global Smart Parking Systems Market   However, post the COVID-19 pandemic, people are expected to use their vehicles for s...

  Metal Stamping Industry Overview The global metal stamping market size was valued at USD 206.01 billion in 2021 and is expected to grow at a compound annual growth rate (CAGR) of 4.7% from 2022 to 2030.   The growing consumer electronics industry is likely to remain a key driving factor on account of the application of metal frames in mobile phones, headphones, speakers, and gamepads & controllers. In mobile phones, metal stamping is used in manufacturing antennas, chassis, and camera lens holders as it offers high tolerance, corrosion resistance, electrical conductivity, and a smooth finish. According to GSM Association, the global number of unique mobile subscribers was 5.31 billion in January 2021 and this number is growing at a rate of 1.8% per annum.   Gather more insights about the market drivers, restrains and growth of the Global Metal Stamping Market   This is likely to propel the demand for mobile phones and eventually metal stamping in the com...

  Brachytherapy Treatment Planning Systems Industry Overview The global brachytherapy treatment planning systems market size was valued at USD 703.5 million in 2021 and is projected to grow at a compound annual growth rate (CAGR) of 9.3% from 2022 to 2030.   The rapidly growing prevalence of cancer and cancer-related mortality across the globe is accelerating the demand for innovative cancer care therapies. The growing demand for accurate & precise diagnoses to prevent cancer-related mortality through adequate & timely treatment plans is boosting the demand for brachytherapy treatment planning systems. Radiation therapy is gaining acceptance in cancer care solutions as one of the most cost-effective treatments owing to its accuracy and efficiency. According to an article published by the International Journal of Medical Sciences, approximately 50% of cancer patients are opting for radiation therapy.   Gather more insights about the market drivers, restrains a...

  Dietary Supplements Industry Overview The global dietary supplements market size was valued at USD 151.9 billion in 2021 and is expected to expand at a compound annual growth rate (CAGR) of 8.9% from 2022 to 2030.   Increasing consumer awareness toward personal health and wellbeing is expected to be a key driving factor for dietary supplements over the forecast period.  The working population around the globe is struggling to fulfill the dairy nutrient requirements owing to hectic work schedules and changing lifestyles. Increasing dependence on the supplements to fulfill the nutrient requirement owing to their high convenience is expected to drive the market over the forecast period.   Gather more insights about the market drivers, restrains and growth of the Global Dietary Supplements Market   The U.S. emerged as a leading market for dietary supplements in the North American region owing to the higher spending capacity of the consumers. Increasing spen...

  Metaverse Industry Overview The global metaverse market size was estimated at USD 38.85 billion in 2021. It is expected to expand at a compound annual growth rate (CAGR) of 39.4% from 2022 to 2030. Major factors expected to drive the revenue growth include a growing focus on integrating digital and physical worlds using the Internet, increasing momentum and popularity of Mixed Reality (MR), Augmented Reality (AR), and Virtual Reality (VR), and the outbreak of COVID-19, as well as the situation’s subsequent developments and outcomes.   The metaverse is a term used to describe a highly immersive 3D virtual world experience obtained through the use of a mixture of technologies such as AR, VR, and MR. The metaverse platform elevates the internet experience by establishing a virtual world in which users can engage in immersive gaming, conduct business, socialize, buy and sell virtual real estate, and enjoy immersive entertainment, a...

  U.S. And Mexico Metal Stamping Industry Overview The U.S. and Mexico metal stamping market size was valued at USD 51.6 billion in 2021 and is expected to expand at a compound annual growth rate (CAGR) of 4.4% from 2022 to 2030.   Growing demand from various industries such as Electric Vehicles (EVs), industrial machinery, and consumer appliances are the key growth drivers for the market. Consumer appliances are witnessing growth owing to rapid technological advancements. Rising preference towards precise metal components in the industry is benefitting metal stamping demand. Factors such as growing demand for smartphones, artificial intelligence, reducing prices of electronics, and replacement cycles are expected to augment the growth of the consumer appliances industry, and thus, drive demand for metal stamping across the forecast period.   Gather more insights about the market drivers, restrains and growth of the U.S. And Mexico Metal Sta...

  Telecare Industry Overview The global telecare market size was valued at USD 3.8 billion in 2021 and is expected to expand at a compound annual growth rate (CAGR) of 5.7% from 2022 to 2030. Increasing advancement of the technology to provide more efficient and improved healthcare services to patients in their own homes by reducing the costly residence care or clinic attendance is anticipated to drive the market over the forecast years. In addition, growing awareness to maintain physical health and increasing penetration of the internet and smartphones also accelerate market growth. Moreover, increasing adoption and use of consumer-oriented fitness and health apps, exercise tracking tools and sensors, digital medication reminder systems, or early warning and detection technologies that connect people with family members or other caregivers also support the growth of the market. Gather more insights about the market drivers, restrains and growth of the Global Telecare Market ...

  Endoscopy Devices Industry Overview The endoscopy devices market size was valued at USD 42.7 billion in 2021 and is expected to expand at a compound annual growth rate (CAGR) of 7.4% from 2022 to 2030. The less invasive properties and affordable post and pre-procedure cost of endoscopy devices are the major factors anticipated to boost the market growth over the forecast period. Furthermore, a shift in trend to use disposable endoscopic components to minimize the procedure cost as well as the chance of cross-contamination is also expected to accelerate market growth over the years. In addition, the growing chronic disease burden and increasing geriatric population all over the globe are also anticipated to fuel the adoption of endoscopic devices during the coming years. Moreover, growing medical conditions due to the increasing geriatric population often require endoscopic intervention such as liver abscess, gall stones, endometriosis, and intestinal perforation, which in turn ...

  Aluminum Extrusion Industry Overview The global aluminum extrusion market size was valued at USD 87.84 billion in 2021 and is expected to expand at a compound annual growth rate (CAGR) of 7.5% from 2022 to 2030. The automotive & transportation sector is witnessing an increase in aluminum content in internal combustion as well as Electrical Vehicles (EVs), which is likely to boost the market growth over the forecast period. Automobile manufacturers are under increasing pressure to meet the regulatory requirements pertaining to the environmental impact of vehicles. Agencies, such as the U.S. Environmental Protection Agency (EPA), California Air Resource Board (CARB), and National Highway Traffic Safety Administration (NHTSA), have enacted rules and regulations regarding Greenhouse Gas (GHG) emissions. Gather more insights about the market drivers, restrains and growth of the Global Aluminum Extrusion Market   For instance, emission regulations issued by the NHTSA. As...

  Filters Industry Overview The global filters market size was estimated at USD 72.33 billion in 2021 and is expected to grow at a compounded annual growth rate (CAGR) of 5.1% from 2022 to 2030. Growing emphasis on the reduction of emissions from automotive and industrial applications is expected to drive market growth over the forecast period. An increase in product usage in several consumer goods, such as air and water purifiers, is expected to have a positive impact on the industry growth. The rapidly growing adoption of air purifiers in homes, hotels, restaurants, airplanes, and train compartments for killing harmful microbes, such as bacteria and viruses, is expected to open new opportunities for market growth. Gather more insights about the market drivers, restrains and growth of the Global Filters Market The market in the U.S. is expected to exhibit high growth on account of factors rising product demand from the automotive industries as per the environmental...

  Textile Industry Overview The global textile market size was valued at USD 993.6 billion in 2021 and is anticipated to grow at a compound annual growth rate (CAGR) of 4.0% from 2022 to 2030.   Increasing demand for apparel from the fashion industry coupled with the growth of e-commerce platforms is expected to drive the market growth over the forecast period. The industry works on three major principles, designing, production, and distribution of different flexible materials, such as yarn and clothing. Several processes, such as knitting, crocheting, weaving, and others, are largely used to manufacture a wide range of finished and semi-finished goods in bedding, clothing, apparel, medical, and other accessories.   Gather more insights about the market drivers, restrains and growth of the Global Textile Market   The U.S. is anticipated to be the largest market in the North America region for textiles. It is one of the largest producers, raw cotton ...

  Healthcare Contract Research Organization Industry Overview The global healthcare contract research organization market size was valued at USD 42.3 billion in 2021 and is anticipated to expand at a compound annual growth rate (CAGR) of 6.5% from 2022 to 2030. The increasing investment in R&D programs, preference for outsourcing activities due to time and cost constraints, and patent expiration in the healthcare sector are key factors anticipated to drive the market in the coming years. Contract research outsourcing collaborations offer cutting-edge services and thus government organizations prefer assigning projects to CROs, thereby facilitating the market growth.   Gather more insights about the market drivers, restrains and growth of the Global Healthcare Contract Research Organization Market   Increasing pressure on drug developers pertaining to clinical data management, regulatory environments, and stringent safety standards are the factors expected to dri...

  Anti-acne Dermal Patch Industry Overview The global anti-acne dermal patch market size was valued at USD 510.8 million in 2021 and is expected to expand at a compound annual growth rate (CAGR) of 6.1% from 2022 to 2030.   The anti-acne dermal patch is a medicated pimple patch filled with active ingredients that helps to eliminate the acne-causing bacteria and reduce inflammation. These patches improve the absorption of the active ingredients into the skin thus reducing pain, bumps, and redness, and are effective in curing inflamed acne, such as papules. The common active ingredients of these patches are tea tree oil and salicylic acid. They may also help to reduce the size of lesions caused by cystic or nodular acne.   The rising incidence of skin conditions such as severe acne and pimples across the globe is anticipated to drive the market for anti-acne dermal patches. Increasing demand for instant acne treatment and medication is one of the major factors supporti...

  Gallium Nitride Semiconductor Devices Industry Overview The global gallium nitride semiconductor devices market size was valued at USD 1.88 billion in 2021 and is expected to expand at a compound annual growth rate (CAGR) of 24.4% from 2022 to 2030.   The growth of the market can be attributed to the advantages offered by GaN semiconductor devices over silicon devices. Silicon materials have been used for manufacturing electronic devices such as smartphones, computers, cameras, and televisions. However, the slowdown in potential innovative properties of silicon created an opportunity for GaN semiconductor devices, which are 100 times faster than silicon. The advantages offered by GaN over silicon devices include higher energy efficiency, lower costs, and faster device speed, among others.   The growing number of electric vehicles worldwide is anticipated to drive the market. This is because GaN enables automakers to reduce vehicle charging time, improve c...