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Biotechnology & Pharmaceutical Services Outsourcing Market size is expected to reach USD 108.0 billion by 2030

  Biotechnology & Pharmaceutical Services Outsourcing Industry Overview The global biotechnology and pharmaceutical services outsourcing market size was valued at USD 66.0 billion in 2021 and is expected to expand at a compound annual growth rate (CAGR) of 5.5% from 2022 to 2030.   The COVID-19 pandemic has had a considerable impact on the biotechnology and pharmaceutical services outsourcing industry. Restrictions on movement and stay-at-home orders are helping reduce the spread of COVID-19. However, this is creating an obstacle in clinical trials and other services intended to find effective treatments for various diseases. The integrity of over 330,000 clinical trials registered on Clinicaltrials.gov remains vulnerable as the novel coronavirus continues to spread worldwide.   Gather more insights about the market drivers, restrains and growth of the Global Biotechnology & Pharmaceutical Services Outsourcing Market   As of March 26, 2020, ...

Construction Equipment Market size is projected to reach USD 161.99 billion by 2030

  Construction Equipment Industry Overview The global construction equipment market size was valued at USD 112.98 billion in 2021 and is expected to expand at a compound annual growth rate (CAGR) of 3.9% from 2022 to 2030.   The worldwide rise in construction activity is anticipated to drive the demand for these equipment. Favorable government initiatives such as stimulus packages and lower housing rates that inclined consumers for new house purchases are key factors expected to drive market growth over the forecast period. However, supply chain and inventory concerns coupled with semiconductor shortages are likely to hinder the market growth over the next few years.   The rising popularity of electric construction equipment is expected to create new revenue streams for the OEMs over the next few years. These equipment are operated on batteries and offer various attributes such as lower maintenance, reduced noise, lesser vibration and provides greater conve...

5G Services Market size is estimated to reach USD 2,208.2 billion by 2030

  5G Services Industry Overview The global 5G services market size was valued at USD 48.25 billion in 2021 and is expected to expand at a compound annual growth rate (CAGR) of 56.7% from 2022 to 2030. 5G wireless mobile services enable a fully mobile and connected environment by delivering a wide range of use cases and business models to consumers. Moreover, faster data speeds and extremely low latency offered by the 5G technology would enhance the user experience while using 5G services for several use cases, such as Virtual Reality (VR) and Augmented Reality (AR) gaming, seamless video calling, and Ultra-High Definition (UHD) videos, among others. The growing demand for high-speed data connectivity for unified Internet of Things (IoT) applications, such as smart home energy management, is estimated to propel the adoption of these services over the forecast period.   Gather more insights about the market drivers, restrains and growth of the Global...

Asia And Europe Steel Rebar Market size is expected to reach USD 283.1 billion by 2028

  Asia And Europe Steel Rebar Industry Overview The Asia and Europe steel rebar market size was valued at USD 155.4 billion in 2020 and is expected to expand at a compound annual growth rate (CAGR) of 7.8% from 2021 to 2028. Governments in various countries are focusing on the expansion of infrastructure through the development of bridges, highways, and tunnels, which is projected to provide new opportunities for steel rebar vendors over the coming years. For instance, The Atal Rohtang Tunnel in Himachal Pradesh that came into service in October 2020 is one of the longest road tunnels in India that has reduced 46 km of distance between Leh and Manali.   The Steel Authority of India (SAIL) provided 6,500 tons of TMT rebars and 1,500 tons of structural steel for this project. Similar projects are underway across Asia and Europe, which are projected to fuel market growth over the coming years. China is projected to remain a key consumer in Asia’s steel...

Healthcare Software As A Service Market size is expected to reach USD 51.7 billion by 2028

  Healthcare Software As A Service Industry Overview The global healthcare software as a service market size was valued at USD 12.5 billion in 2020 and is expected to expand at a compound annual growth rate (CAGR) of 19.5% from 2021 to 2028. The growing adoption of cloud technologies and growing digitalization in healthcare are major parameters driving the growth of the healthcare Software as a Service (SaaS) market during the forecast period. According to the Right Scale report published in 2019, a software service company, 94% of the enterprises use the cloud. It also suggests that around 21% of enterprises are planning to install cloud in near future.   Healthcare companies are adopting SaaS for cost benefits, security, ease of use, ease of integration, customer support, enhanced administration and management capabilities, uptime guarantee, scalability, customizability, data center infrastructure, disaster recovery plan, and reporting. SaaS finds various applications, su...

U.S. Patient Positioning Systems Market size is anticipated to reach USD 1.3 billion by 2030

  U.S. Patient Positioning Systems Industry Overview The U.S. patient positioning systems market size was valued at USD 795.1 million in 2021 and is estimated to expand at a compound annual growth rate (CAGR) of 5.4% from 2022 to 2030.   Growing need to maximize access and minimize risks in general surgery, advancements in technology, prevalence of chronic diseases, and number of surgeries are some of the key drivers of this market. Patient positioning players key role in performing effective and safe surgical procedures. Improper patient positioning can lead to numerous complications, such as risk of developing pressure sores, muscle stress, joint damage, longer recovery time, and post-procedure complications. This has led to arise in need for optimal patient positioning systems that keep the patient's body as naturally aligned as possible, offering maximum access to the surgical site.   The growing number of surgical and diagnostic/imaging procedures is expected to...

Wealth Management Software Market size is expected to reach USD 12.07 billion by 2030

  Wealth Management Software Industry Overview The global wealth management software market size was valued at USD 3.76 billion in 2021 and is expected to grow at a compound annual growth rate (CAGR) of 13.9% from 2022 to 2030.   The growth of the market can be attributed to the growing adoption of the latest technologies in wealth management advisory. Advances in financial technology, and subsequently, an entirely new approach being pursued to automate and improve the delivery of financial services is expected to contribute to the growth of the market over the forecast period. As such, the growing adoption of financial technology for wealth management bodes well for the growth of the market.   The increasing need to automate the wealth management process is anticipated to propel the growth of the market over the forecast period. Wealth management platforms can serve as a cost-effective alternative for users looking forward to automating workflow and managing wealth....