The global OXO alcohol market size was USD 12.29 Billion in 2022 and is expected to register a steady revenue CAGR of 5.2% during the forecast period, according to latest analysis by Emergen Research. Rising demand for OXO-alcohols in production of adhesives, and paints and coatings and solvents, which find applications in printing inks and as an additive in cleaners and polishes are major factors driving market revenue growth. OXO alcohols are widely used to manufacture a wide range of…

The global big data market size was USD Billion 179.50 in 2022 and is expected to register a steady revenue CAGR of 11.6% during the forecast period, according to latest analysis by Emergen Research. Increasing investments by major companies and rising demand for huge data management from various sectors such as Banking, Financial Services, and Insurance (BFSI) and healthcare, among others are major factors driving market revenue growth. Big data and innovative technologies are also being…

The global Near-Field Communication (NFC) market size is expected to reach USD 87.53 Billion in 2032 and register a steady revenue CAGR of 14.2% during the forecast period, according to the latest analysis by Emergen Research. Increasing adoption of wearable technology is a major factor driving revenue growth of the market. Activity trackers in the sporting goods sector as well as companies that provide high-end fashion accessories are driving expansion of wearable technology. Near Field…

The global textile testing market size is expected to reach USD 12,698.01 Million in 2032 and register a steady revenue CAGR of 4.6% during the forecast period, according to the latest analysis by Emergen Research. Technological innovations in the textile sector can be attributed to the steady revenue growth of the textile testing market. There are various types of technological innovations in the textile industry. For instance, geotextiles are fabrics that are used to cover the ground or a…

The global Polyvinyl Alcohol (PVA) market size reached USD 998.21 million in 2022 and is expected to register a revenue CAGR of 6.2% during the forecast period, according to latest analysis by Emergen Research. Rising demand for PVA in the packaging industry is a major factor contributing to revenue growth of the market. Polyvinyl Alcohol (PVA) has high strength, transparency, and water-solubility which make it suitable for use in various packaging applications such as food packaging,…

The global sensor market size is expected to reach USD 523.26 Billion in 2032 and register a steady revenue CAGR of 8.9% during the forecast period, according to latest analysis by Emergen Research. Advancement in sensors and their increasing usage in smartphones and other electronic devices is a major factor driving market revenue growth. Development of smart devices has made it possible for designers and engineers to incorporate various sensors, processors, and memories in compact…

A team of researchers from Johns Hopkins University developed the Smart Tissue Autonomous Robot (STAR), which can effectively conduct a laparoscopic treatment without the aid of a human surgeon. One such case, which represents a significant development in robotics towards completely automated surgery for humans, has previously been tested on soft tissue of a pig. When executing intestinal anastomosis, which requires a great deal of repetition and accuracy, the robot did remarkably well. The…

The global cold pain therapy market size reached USD 1.70 Billion in 2021 and is expected to register a revenue CAGR of 5.1% during the forecast period, according to latest analysis by Emergen Research. Increasing prevalence of bone diseases, growing number of knee and joint surgeries, and rising number of sports and gym activities are some of the key factors increasing revenue growth of the cold pain therapy market. In addition, government agencies have also started investing to support…

According to the most recent report by Emergen Research, the worldwide therapeutic ultrasound market size is anticipated to reach USD 4.07 billion in 2030, with a consistent revenue CAGR of 8.5%. Technology development, an increase in ultrasound operations, and an increase in the prevalence of chronic diseases are the main drivers of market revenue growth. For instance, Iota Biosciences, based in Berkley, California, is revolutionising the implantable market by using ultrasound to power…

According to the most recent analysis by Emergen Research, the worldwide healthcare technology management market had a value of USD 25.74 billion in 2021 and is anticipated to grow at a rate of 10.5% during the projected period. Some of the major factors propelling revenue growth of the healthcare technology management market include rising demand for better asset management in hospitals, growing emphasis on preventive medical equipment maintenance, and growing adoption of technologically…

The global aircraft gearbox market size reached USD 2.65 Billion in 2021 and is expected to register a revenue CAGR of 8.1% during the forecast period to the latest analysis by Emergen Research. Rising demand for lightweight aircraft components is a key factor driving revenue growth of the market. The diameter of the fan blades, the fewer parts, and the installation of a planetary gearbox are the main distinctions between a conventional and geared turbofan. This combination led to the…

The global medical waste management market size reached USD 9.16 Billion in 2021 and is expected to register a revenue CAGR of 5.2% during the forecast period, according to the latest analysis by Emergen Research. Increase in the volume of medical waste is driving market revenue growth. The World Health Organization (WHO) estimates that 85% of waste created in the healthcare industry is general and non-hazardous waste. The remaining 15% consists of hazardous waste, which may be infectious,…

The global immunoassay market size reached USD 39.72 Billion in 2021 and is expected to register a revenue CAGR of 3.9% during the forecast period, according to latest analysis by Emergen Research. Increase in prevalence of chronic and infectious diseases is a major factor driving market revenue growth. According to the International Diabetes Federation (IDF), in 2021 approximately 537 million were living with diabetes worldwide and the number is estimated to rise to 643 million by 2030.…

The global Seaweed Fabric Market is projected to grow significantly in the upcoming years. The increasing demand for eco-friendly and sustainable fabrics, particularly for clothing applications, is likely to drive market growth. Seaweed fabric has gained global recognition due to its natural properties that are beneficial to both human health and the environment. Seaweed fabrics are made from a variety of seaweed materials such as kelp, eucheuma cottonii and kappaphycus alvarez. These…

The global veterinary diagnostics market size was USD 6.63 Billion in 2021 and is expected to register a revenue CAGR of 11.2% during the forecast period, according to latest analysis by Emergen Research. Increasing number of laboratories adopting more creative techniques owing to recent advancements in diagnostics is a major factor driving market revenue growth. Veterinary diagnostics is an important and integral component for management as well as prevention of disease outbreak among…

The global synthetic biology market size reached USD 10.35 Billion in 2021 and is expected to register a revenue CAGR of 26.7% during the forecast period, according to latest analysis by Emergen Research. Rising research and development activities in this field of synthetic biology, growing application of synthetic biology including living biotherapeutics, multiplexed diagnostics, and third-generation biorefineries as well rising investments towards synthetic biology start-ups developing…

The global biodegradable films market size is expected to reach USD 2.21 Billion in 2032 and register a steady revenue CAGR of 7.2% during the forecast period, according to latest analysis by Emergen Research. Focus of governments of various countries across the globe on green procurement policies is a major factor driving market revenue growth. For instance, in April 2006, Green Procurement policy was incorporated by the Government of Canada. This policy directs federal departments and…

The global smartphone connected pacemaker devices market size is expected to reach USD 1,060.34 Million in 2032 and register a steady revenue CAGR of 17.8% during the forecast period, according to the latest analysis by Emergen Research. Rising prevalence of cardiovascular and heart disorders such as arrhythmias and heart failure across the globe, rapid adoption of wireless connectivity and technological advancements in the product design of pacemaker devices, government initiatives, and…

The global Chronic Graft-versus-Host Disease (cGvHD) market size reached USD 3.5 Billion in 2021 and is expected to register a revenue CAGR of 13.3% during the forecast period, according to the latest analysis by Emergen Research. Increasing number of allogenic transplants such as bone marrow transplants, rising regulatory approvals for the treatment of Graft Versus Host Disease (GvHD) as well as increase in prevalence of nephrological leukemia, myeloma, and other forms of cancer are some of…

The global Near-Field Communication (NFC) market size is expected to reach USD 87.53 Billion in 2032 and register a steady revenue CAGR of 14.2% during the forecast period, according to the latest analysis by Emergen Research. Increasing adoption of wearable technology is a major factor driving revenue growth of the market. Activity trackers in the sporting goods sector as well as companies that provide high-end fashion accessories are driving expansion of wearable technology. Near Field…