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Showing posts from April, 2024

Industrial Rubber Global Market Size, Share, Trend Analysis, By Type, By Application, By End User, By Region, And Segment Forecasts, 2024-2033

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Overview and Scope Industrial rubber refers to rubber used in manufacturing various rubber-related industrial products ranging from mining to power generation. These industrial rubber goods have different performance standards, including fluid resistance, conductivity, friction coefficient, permeation, and dynamic qualities. The form of rubber materials used during manufacturing influences the product's strength, durability, and capacity. Sizing and Forecast The industrial rubber market size has grown strongly in recent years. It will grow from $42.01 billion in 2023 to $44.86 billion in 2024 at a compound annual growth rate (CAGR) of 6.8%.  The growth in the historic period can be attributed to industrialization, automotive industry growth, construction boom, advancements in material science, safety and performance requirements. The industrial rubber market size is expected to see strong growth in the next few years. It will grow to $58.05 billion in 2028 at a compound annua...

Image Recognition In Retail Global Market By Technology, By Application, By Component, By Deployment Type, By Regional Forecast 2024-2033

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Overview and Scope Image recognition in retail is an algorithm that analyses a picture or video, decodes its information, and identifies the image as representing a certain brand, product, category, or something else entirely. Image recognition in retail is used to maintain shelf health, display compliance, competitive insight, and planogram compliance. Sizing and Forecast The image recognition in retail market size has grown exponentially in recent years. It will grow from $1.99 billion in 2023 to $2.43 billion in 2024 at a compound annual growth rate (CAGR) of 21.9%.  The  growth in the historic period can be attributed to efforts to enhance customer engagement, growing importance of visual merchandising, increased availability of high-quality data, competition and differentiation in retail, customer expectations for seamless shopping, enhanced security and loss prevention, regulatory compliance and privacy measures.. The image recognition in retail market size is expe...

Hospital EMR Systems Market Size, Share, By Component, By Product Type, By Delivery Mode, By End User, By Region, And Segment Forecasts, 2024-2033

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Overview and Scope Hospital EMR (electronic medical records) is a system of keeping electronic records of health-related information of an individual that has undergone treatment in the hospital. The primary objective of a hospital EMR system is to provide a systematized collection of electronically recorded health information in digital format for patients and populations. Sizing and Forecast The hospital emr systems market size has grown rapidly in recent years. It will grow from $17.31 billion in 2023 to $19.08 billion in 2024 at a compound annual growth rate (CAGR) of 10.2%.  The  growth in the historic period can be attributed to digital transformation in healthcare, government initiatives and regulations, need for data accuracy and accessibility, focus on patient-centric care, improvement in healthcare quality, paperless healthcare environments.. The hospital emr systems market size is expected to see strong growth in the next few years. It will grow to $25.62 bill...

Heat Treating Global Market By Material, By Application, By Process, By Equipment, By End User, By Region, And Segment Forecasts, 2024-2033

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Overview and Scope Heat treatment is the process of heating metals with the purpose of improving their properties, strengthening the metal, and creating alloys. Heat-treated parts are essential to the operation of automobiles, aircraft, spacecraft, computers, and heavy equipment of every kind. Sizing and Forecast The heat-treating market size has grown steadily in recent years. It will grow from $103.95 billion in 2023 to $109.06 billion in 2024 at a compound annual growth rate (CAGR) of 4.9%.  The  growth in the historic period can be attributed to growth in automotive industry, expansion of aerospace sector, increased demand in construction, advancements in metallurgy, rise in manufacturing of industrial machinery, increased utilization in energy sector.. The heat treating market size is expected to see strong growth in the next few years. It will grow to $132.87 billion in 2028 at a compound annual growth rate (CAGR) of 5.1%.  The growth in the forecast period ca...

Excavator Global Market By Product Type, By Vehicle Weight, By Engine Capacity, By Drive Type, By Application, Regional Outlook and Forecast 2024-2033

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Overview and Scope An excavator refers to construction equipment used in the construction industry to extract earth, move, or transport loose gravel, sand, or soil on a construction site. These excavators help with picking and placing, digging, landscaping, demolition, and material handling tasks. Sizing and Forecast The excavator market size has grown strongly in recent years. It will grow from $50.29 billion in 2023 to $53.22 billion in 2024 at a compound annual growth rate (CAGR) of 5.8%.   The growth in the historic period can be attributed to earthmoving and excavation needs, construction industry growth, mining sector expansion, demolition operations, utility and pipeline installation, landscaping and grading, forestry and logging. The excavator market size is expected to see strong growth in the next few years. It will grow to $65.79 billion in 2028 at a compound annual growth rate (CAGR) of 5.4%.   The growth in the forecast period can be attributed to focus on o...

Electronic Data Interchange (EDI) Software Global Market Size, Share, By Component, By Deployment, By Industry, By Regional Forecast 2024-2033

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Overview and Scope Electronic data interchange (EDI) software refers to software that is created for data exchange. It helps to transfer business information using a standardized format. The business documents can be exchanged using EDI. The two most common exchanges are purchase orders and invoices. Sizing and Forecast The electronic data interchange (edi) software market size has grown rapidly in recent years. It will grow from $2.06 billion in 2023 to $2.29 billion in 2024 at a compound annual growth rate (CAGR) of 11.3%.  The  growth in the historic period can be attributed to automation of business processes, efficient order processing, supply chain optimization, compliance with industry standards, globalization of business, edi as a competitive advantage.. The electronic data interchange (edi) software market size is expected to see rapid growth in the next few years. It will grow to $3.53 billion in 2028 at a compound annual growth rate (CAGR) of 11.4%.  The ...

Drug Discovery Services Global Market Size, Share, By Drug Type, By Process, By Service Type, By Therapeutic Area, Regional Outlook and Forecast 2024-2033

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Overview and Scope Drug discovery services refer to the procedure for identifying potential new medicines. It combines many scientific disciplines, including biology, chemistry, and pharmacology. These drug discovery services are offered in four stages: early drug discovery, pre-clinical phase, clinical phases, and regulatory approval. Sizing and Forecast The drug discovery services market size has grown rapidly in recent years. It will grow from $16.11 billion in 2023 to $18.3 billion in 2024 at a compound annual growth rate (CAGR) of 13.6%.  The  growth in the historic period can be attributed to increased r&d investment, expanding disease burden, government funding and support , emergence of contract research organizations (cros), shift towards personalized medicine, drug repurposing strategies.. The drug discovery services market size is expected to see rapid growth in the next few years. It will grow to $30.1 billion in 2028 at a compound annual growth rate (CAG...

Digital Textile Printing Global Market By Operation, By Material, By Ink Type, By Application, By End User, By Region And Segment Forecast 2024-2033

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Overview and Scope Digital printing is the process of reproducing digital images on a physical surface. When the design is finalised, it is digitally printed on fabrics and sent from the computer to the surface. Digital textile printing is used to colour fabric and other materials. Sizing and Forecast The digital textile printing market size has grown rapidly in recent years. It will grow from $2.93 billion in 2023 to $3.39 billion in 2024 at a compound annual growth rate (CAGR) of 15.4%.  The growth in the historic period can be attributed to adoption by small and medium enterprises, market competitiveness, reduction in lead times, adoption of digital workflows, customization in fashion industry. The digital textile printing market size is expected to see rapid growth in the next few years. It will grow to $5.88 billion in 2028 at a compound annual growth rate (CAGR) of 14.8%.  The growth in the forecast period can be attributed to adoption by smes and emerging markets,...

Clinical Microbiology Global Market By Product Type, By Application, By Disease, By Instruments, By End-User, Regional Outlook and Forecast 2024-2033

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  Overview and Scope Clinical microbiology is the branch of medical science that encompasses a broad range of testing methodologies, methods to isolate and identify a broad range of microorganisms, and clinical applications of microbes to improve health. Sizing and Forecast The clinical microbiology market size has grown strongly in recent years. It will grow from $6.46 billion in 2023 to $6.9 billion in 2024 at a compound annual growth rate (CAGR) of 6.8%.  The growth in the historic period can be attributed to rise of antimicrobial resistance, infectious disease outbreaks, globalization and travel, aging population, increased healthcare expenditure. The clinical microbiology market size is expected to see strong growth in the next few years. It will grow to $9.32 billion in 2028 at a compound annual growth rate (CAGR) of 7.8%.  The growth in the forecast period can be attributed to demand for rapid results, focus on personalized treatments, increasing demand for s...