Globe News Wire

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 are anticipated to drive the market for endo

The global 3D printing metal market size was valued at USD 380.3 million in 2020 and is expected to grow at a compound annual growth rate (CAGR) of 25.7% from 2021 to 2028. Rising investments in 3D printing companies are projected to support market growth over the coming years. For instance, Mantle Inc. has raised USD 25 million in funding for the installation of commercial 3D printing systems in 2022. Mantle, Inc. is a 3D component manufacturer and has already produced over 1 million parts for applications, such as medical devices, deodorant packaging, and dishwasher components. As per the company, its TrueShape 3D printing technology has improved leas times and achieved cost reductions by around 65% during production. Gather more insights about the market drivers, restrains and growth of the Global  3D printing Metal market 3D printing technology also known as Additive Manufacturing (AM) is used to produce patient-suitable dental products, such as partial dentures, crowns, and bridge

The global intelligent transportation system market size was valued at USD 25,378.2 million in 2020 and is expected to expand at a compound annual growth rate (CAGR) of 7.0% from 2021 to 2028. The growing demand for traffic control solutions, the rising demand for smart vehicles integrated with the latest telecommunications technology, and the improved safety and surveillance offered by modern cameras and License Plate Recognitions (LPRs) are expected to drive the growth of the market. The growing number of vehicles on road, aging infrastructure, and a looming lack of traffic data management are some of the other factors that are anticipated to contribute to the growth of the market. The eminent need to efficiently manage the traffic flow across city corridors and highways has triggered the need for an alternative traffic management technology. As such, transportation authorities are looking forward to utilizing innovative and advanced data analytics technologies to address the issue o

The global cleanroom technology market size was valued at USD 4.0 billion in 2020 and is expected to expand at a compound annual growth rate (CAGR) of 5.4% from 2021 to 2028. The increase in the demand for quality products compliant with regulatory standards coupled with the technological and economic benefits of these technologies is helping companies achieve superior ranking. Moreover, benefits such as customized solutions, reduction in time and cost, and improvement of the product flow between cleanrooms are among key factors boosting the demand. Technological advancements associated with these technologies, from HEPA technology to the unidirectional airflow system, to the commercialization of these technologies to modular cleanroom technology, are other factors expected to boost the market for cleanroom technology over the forecast period. The ongoing COVID-19 pandemic has positively influenced the market owing to the growing need to maintain a contamination-free environment while

The global remote patient monitoring system market size was valued at USD 1,282.0 million in 2021 and is expected to expand at a compound annual growth rate (CAGR) of 20.2% from 2022 to 2030. The outbreak of COVID-19 has caused a significant impact on the remote patient monitoring system. The remote monitoring systems serve with improved chronic disease management including early warning signs and progress tracker thus boosting its demand in the coming years at a global level. Chronic conditions account for 90% of the healthcare costs in the U.S. annually. This can be prevented by timely assistance provided to patients using a remote monitoring system. It can delay emergency room visits and hospitalizations as the telemedicine app help in digitizing and automating critical tasks, which reduces hospital administrative tasks thus expanding usage of remote monitoring systems in the coming years. The COVID-19 pandemic has led to a shortage of space in hospitals. Apart from this, patients,

The global non-invasive aesthetic treatment market size was valued at USD 53.8 billion in 2021 and is projected to expand at a compound annual growth rate (CAGR) of 15.2% from 2022 to 2030. The growing focus on physical appearance among adults has led to an increased demand for non-invasive aesthetic treatments in recent years. Another key revenue-generating population to watch out for is the ones aged 50 years and above. Women, in particular, in this age group are opting for fillers and injectables including the popular Botox. According to the American Society for Aesthetic Plastic Surgery (ASAPS), in 2018, around 3.8 million minimally invasive cosmetic surgeries were carried out in the U.S. within the age group of 55 years and above. This highlights high growth prospects that lie ahead for the market in the country. According to the International Society of Aesthetic Plastic Surgery (ISAPS), the U.S. was ranked first, in terms of non-surgical procedures performed at a global level. T