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Behavioral data about clinical psychiatry can be collected and analyzed, particularly with the help of electronic devices such as smartphones and wearable & implanted devices. Disease symptoms passively gathered from such devices, known as "digital health technologies," are referred to as behavioral digital biomarkers. For example, changes in speech and gait, slowed movement, and loss of automatic movements can be digitally measured to predict the presence of nervous system disorders, such as Parkinson's disease. Behavioral digital biomarkers in healthcare are still nascent but have been gaining popularity and momentum post-COVID-19 pandemic. Many market players are offering this technology, leading to a rise in their...Read More »
While pink hydrogen is in its early stages of development, the growing interest in it as a clean energy source has been driving investments. Pink hydrogen is produced through electrolysis powered by nuclear energy, which emits minimal greenhouse gases (GHG) and exhibits the potential to aid countries aiming for net-zero emissions by 2050. In contrast to green hydrogen, which has a capacity factor of 55%, pink hydrogen plants have a capacity factor of 95% due to the steady base load profile of nuclear power compared to the intermittent load supply of renewable power...Read More »
The market for immersive technologies in healthcare is predominantly fueled by the need for enhanced patient engagement, essential for delivering high-quality, patient-centered care. Technologies, such as Mixed Reality (MR), Augmented Reality (AR), and Virtual Reality (VR), have emerged as powerful tools to facilitate this engagement, transforming how patients interact with medical information and healthcare providers. Traditional patient education methods, like pamphlets and verbal explanations, often fall short of capturing patients' interest and ensuring comprehension of complex medical...Read More »
Precision pathology for cancer integrates advanced technologies to diagnose and treat cancer based on the unique genetic profile of each patient's tumor. It combines histology, genomics, and bioinformatics to personalize treatment strategies, aiming for improved patient outcomes. The market is driven by increasing prevalence of cancer, which further necessitates enhanced personalized therapies. For instance, according to the American Cancer Society, an estimated 1.9 million new cancer cases were diagnosed in U.S. in 2022. This rising prevalence is fueling the demand for precision pathology...Read More »
Radiology, a medical specialty utilizing imaging technology for diagnosis and treatment, is integral to various healthcare sectors, including surgery, pediatrics, obstetrics, oncology, emergency medicine, and infectious disease. Early diagnosis through radiology is crucial, particularly for cancer patients. Family doctors and emergency care physicians depend on diagnostic imaging to accurately diagnose and determine appropriate treatment plans for patients. These parameters cumulatively contribute to the growing demand for...Read More »
Satellite clinics are small healthcare facilities that are extensions of larger hospitals or healthcare centers. These clinics are strategically placed in different areas, where the main centers may not be accessible to patients owing to their distance, transportation, and other barriers. This is likely to drive the development of satellite clinics over the forecast period to bridge the service...Read More »
Facial palsy, also known as facial paralysis, is a condition characterized by the inability to control facial muscles due to nerve damage. This results in weakened or drooping facial muscles. It can affect one or both sides of the face and has various causes, including infections, strokes, and tumors. One of the most common causes is Bell's palsy, which affects around 40,000 people in the U.S. Stroke-related facial paralysis is caused by nerve damage due to lack of oxygen, leading to brain cell damage and...Read More »
Rising government expenditure and funding for eye care and increasing awareness of advanced healthcare technologies are expected to help this market grow. Intensive research and development activities focusing on product innovations are further anticipated to surge the demand for bionic contact lenses. Myopia, presbyopia, and other vision impairments are becoming increasingly common worldwide, driven by increasing screen time, and aging...Read More »
The global sea salt market was valued at USD 18,310.2 million in 2022 and is expected to grow at a CAGR of 3.2% over the forecast period. Sea salt's extensive utilization in diverse sectors, such as agriculture, animal feed, water treatment for plants, and ice melting, plays a pivotal role in fostering market growth. Its effectiveness in these applications, combined with its natural properties, positions the product as a preferred choice for various...Read More »
The global wooden decking market size was valued at USD 8.48 billion in 2022 and is expected to grow at a CAGR of 2.6% over the forecast period. Wooden decking refers to the construction of outdoor platforms using wooden boards or planks and is commonly used in outdoor spaces like gardens, patios, balconies, and around swimming pools. Wooden decking offers an attractive and natural aesthetic, making it a popular choice for outdoor...Read More »
The global gyroscope market was valued at USD 2.50 billion in 2022 and is expected to grow at a CAGR of 4.42% over the forecast period. The market growth in the defense and commercial sectors is being driven by the rising adoption of drones and unmanned aerial vehicles (UAVs), along with the increasing utilization of gyroscopes in smartphones and handheld devices. These factors are playing a pivotal role in enhancing market expansion and driving industry...Read More »
The global oil refining market was valued at USD 1,687.7 billion in 2022 and is expected to grow at a CAGR of 4.28% over the forecast period. This market is characterized by its intricate processes, vast infrastructure, and its role as a crucial link in the supply chain of energy and petrochemicals. The demand for refined petroleum products, including gasoline, diesel, jet fuel, and petrochemical feedstock, is perpetually driven by economic growth, population expansion, and industrial...Read More »
The global ring main unit market was valued at USD 2234.54 million in 2022 and is expected to grow at a CAGR of 7.5% over the forecast period. The global ring main unit market has witnessed significant growth and evolution in recent years. ring main units are essential components in medium-voltage electrical distribution networks, used for efficient power distribution and protection. One of the primary drivers of the ring main unit market is the increasing demand for reliable and uninterrupted power...Read More »
The global interior doors market was valued at USD 55.59 billion in 2022 and is expected to grow at a CAGR of 4.8% over the forecast period. This is attributed to the rapid growth in the construction market around the world creating a significant demand for interior doors. The economic growth in developing economies such as China and India has contributed to growth in the consumption of interior...Read More »
The global sand market size was valued at USD 151.00 billion in 2022 and is expected to grow at a CAGR of 4.2% over the forecast period. Sand is a vital component in the construction industry, utilized in the production of concrete and mortar. The growth of the market is being driven by the ongoing global expansion of urbanization and infrastructure...Read More »
The global textile felt market was valued at USD 917.1 million in 2022 and is expected to grow at a CAGR of 15.4% over the forecast period. The biodegradable nature of the product is increasing its appeal among consumers who prioritize sustainability and eco-friendly materials. As awareness of environmental issues grows, there is a rising demand for organic and biodegradable goods, including textile felt. Furthermore, technological advancements and innovations in the textile industry have led to the development of new applications for the...Read More »
The global LNG bunkering market was valued at USD 1,150.1 million in 2022 and is expected to grow at a CAGR of 28.67% over the forecast period. LNG bunkering involves supplying liquefied natural gas as a fuel source for a vessel's self-use. The primary benefit of using LNG as a fuel lies in its significant reduction of pollutants compared to conventional ship fuels like heavy fuel oil, marine gas oil (MGO), and marine diesel fuel...Read More »
The global tidal energy market was estimated at 127 GWh in 2022, with tidal energy generation expected to grow at a CAGR of 1.64% from 2023 to 2030. Increasing investments in tidal farms and demonstration projects across Europe, Canada, and South Korea is driving power generation through ocean tides. However, the industry has been facing a slow rate of installations due to challenges faced during the COVID-19 pandemic. It's important to note that this reduction reflects a deviation from the initially projected installation...Read More »
The global molybdenum market size was valued at USD 4.25 billion in 2022 and is expected to grow at a CAGR of 4.0% over the forecast period. Molybdenum is the key alloying agent required in steel production thus, the growing steel production drives the demand for the market. As per the World Steel Association, global crude steel production reached 1,885.4 million tons in 2022, compared to 1879.4 million tons in...Read More »
The global frac sand market was valued at USD 7.04 billion in 2022 and is expected to grow at a CAGR of 8.4% over the forecast period. The primary driver of frac sand demand has been the expansion of shale oil and gas production. Hydraulic fracturing, or fracking, is a technique used to extract hydrocarbons from tight shale formations. It involves injecting a mixture of water, chemicals, and sand into the rock to create fractures, and frac sand is used to prop these fractures open, allowing oil and gas to flow more...Read More »