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Showing posts from January, 2024

The global Calcium Citrate Malate Market Growth Accelerated by Expanding Applications

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Calcium citrate malate is an essential mineral compound that provides calcium and supports bone health. Calcium citrate malate supplements help maintain healthy bones and teeth as we age. They support calcium absorption and distribution throughout the body. The global Calcium Citrate Malate Market is estimated to be valued at US$ 334.08 Mn in 2024 and is expected to exhibit a CAGR of 8.4% over the forecast period 2024 to 2031, as highlighted in a new report published by Coherent Market Insights. Market key trends: The expanding applications of calcium citrate malate are expected to drive the market growth over the forecast period. Calcium citrate malate supplements are increasingly being used to prevent and treat osteoporosis. They are especially recommended for people who cannot digest lactose or avoid dairy products. The compound is also finding wider use in functional foods and beverages with added calcium and minerals. Manufacturers are developing various product formats like

The global Blood Glucose Monitoring Market Growth Accelerated by Increased Adoption of Self-Monitoring Blood Glucose Devices

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Blood glucose monitoring devices are used to test and monitor blood glucose or sugar levels in diabetic patients. These compact and easy-to-use monitoring devices offer patients quick reliable measurements of their glucose levels without pricking the body with needles each time. The increasing prevalence of diabetes across the world has boosted the demand for self-monitoring blood glucose devices significantly. With growing awareness about diabetes management, more patients are regularly checking their glucose levels through self-monitoring devices to control their condition better. The global Blood Glucose Monitoring Market is estimated to be valued at US$ 25460.51 Mn in 2023 and is expected to exhibit a CAGR of 0.8% over the forecast period 2024 to 2031, as highlighted in a new report published by Coherent Market Insights. Market key trends: The rising adoption of advanced self-monitoring blood glucose devices is one of the major trends witnessed in the market. Leading manufactu

Labor Productivity Tracking Market Growth Accelerated by Remote Work and Digitalization Trend

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Labor productivity tracking solutions help businesses and organizations track employee productivity in real-time. These solutions offer features like time tracking, activity monitoring, goal setting, resource allocation, attendance logging, and analytics. They help enhance productivity by identifying opportunities for improvement, streamlining workflows, and ensuring employees are focused on tasks that add value. The global Labor Productivity Tracking Market is estimated to be valued at US$ 6.81 Billion in 2024 and is expected to exhibit a CAGR of 38% over the forecast period 2024 to 2031, as highlighted in a new report published by Coherent Market Insights. Market key trends: The rapid adoption of remote work and digitalization trend across industries during the pandemic has been a major driver accelerating growth of the labor productivity tracking market. Many organizations have now accepted work from home and hybrid work models. Labor productivity tracking solutions help employers

India Pharmaceutical Packaging Market Growth Accelerated by Innovation and New Product Launches

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Pharmaceutical packaging plays a critical role in protecting medicines from damage and contamination during transportation and storage. Plastic bottles, caps & closure, labels, cartons and other innovative pharmaceutical packaging solutions assist in preventing counterfeiting and ensuring the effectiveness of drugs. The increasing focus on developing new drug delivery systems along with rising demand for differentiated packaging have accelerated innovation. The global India Pharmaceutical Packaging Market is estimated to be valued at US$ 1.96 Bn in 2024 and is expected to exhibit a CAGR of 11% over the forecast period 2024-2031, as highlighted in a new report published by Coherent Market Insights. Market key trends: The growth of the Indian pharmaceutical packaging market size is primarily driven by the rising innovation and new product launches. Pharmaceutical manufacturers are increasingly focusing on developing advanced packaging solutions to improve patient compliance. For

India Meetings, Incentives, Conferences and Exhibitions Market Growth Accelerated by High Demand for Business Gatherings

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Meetings, incentives, conferences and exhibitions (MICE) provide organizations a platform to bring together individuals from different regions for business and networking purposes. The MICE industry in India offers comprehensive event planning and management services along with world-class infrastructure at venues across major cities. With growing international trade and investment in the country, the demand for business conventions, product launches, corporate off-sites and similar events has increased substantially. The India Meetings, Incentives, Conferences and Exhibitions Market is estimated to be valued at US$ 3.81 Bn in 2024 and is expected to exhibit a CAGR of 13% over the forecast period 2024 to 2031, as highlighted in a new report published by Coherent Market Insights. Market key trends: The adoption of digital technologies by MICE operators has accelerated following the pandemic. Virtual and hybrid events allow organizations to continue business networking and training in

The Global Tracking Surgical Instrument Growth is Accelerated by Increased Traceability Needs

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Surgical instrument tracking systems help healthcare providers effectively manage surgical instruments and equipment by providing real-time visibility and traceability across the surgical workflow. These systems enable tracking of individual instruments for purposes such as inventory management, instrument recalls, sterilization verification and surgical case documentation. The growing complexity of surgical procedures and focus on patient safety have increased the need for accurate instrument tracking. The global Surgical Instrument Tracking Market is estimated to be valued at US$ 411.5 Mn in 2024 and is expected to exhibit a CAGR of 6.1% over the forecast period 2024 to 2031, as highlighted in a new report published by Coherent Market Insights. Market key trends: One of the key trends driving growth in the surgical instrument tracking market is the increasing need for traceability of surgical instruments and equipment. Medical device manufacturers are subject to regulatory requ

The global Online Takeaway Food Market Growth Accelerated by Convenient Online Access

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Online takeaway food allows both individuals as well as families to order meals from their favorite local restaurants at the convenience of their homes or offices. This has helped accelerate the demand for hygienic, nutritious and customized food options especially among the working population and millennials. The growing preference for convenient and quick meal solutions is further fueling the market growth. The global Online Takeaway Food Market is estimated to be valued at US$ 192.62 Mn in 2024 and is expected to exhibit a CAGR of 6.2% over the forecast period 2024 to 2031, as highlighted in a new report published by Coherent Market Insights. Market key trends: The growth of the online takeaway food market is accelerating primarily due to the increasing trend of digitization and convenience. With growing usage of smartphones and internet, more people are opting for online food ordering platforms which allows them to browse menus, add items to cart and pay without visiting rest

The North Africa Non-Invasive Prenatal Testing Market Growth Accelerated by Rising Prevalence of Chromosomal Abnormalities

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Non-invasive prenatal testing (NIPT) offers women safer and more reliable options for prenatal screening compared to traditional screening methods. It analyzes cell-free DNA from a simple blood draw of the mother to screen for common genetic conditions like Down syndrome with high accuracy. The rising cases of pregnancies affected by chromosomal abnormalities have boosted the demand for NIPT across North Africa. The North Africa Non-Invasive Prenatal Testing Market is estimated to be valued at US$ 3805.83 Bn in 2024 and is expected to exhibit a CAGR of 6.9% over the forecast period 2024 to 2031, as highlighted in a new report published by Coherent Market Insights. Market key trends: The increased adoption of NIPT is mainly driven by the rising prevalence of chromosomal abnormalities during pregnancies across North Africa. According to WHO, the prevalence of Down syndrome is around 1 in 1000 live births in North Africa. NIPT helps identify such abnormalities at an early stage, all

The global Network Impairment Emulator Market Growth Accelerated by Increased Demand for Test Simulation

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Network impairment emulator (NIE) enables organizations to closely simulate real-world network conditions by deliberately altering parameters like bandwidth limitations, latency, packet loss, jitter and other factors. NIE devices are useful for testing applications, networks and services under different conditions before deployment. With the growing complexity of network infrastructures, there is increasing demand for simulation of diverse networking scenarios for testing resilience of modern applications. The global Network Impairment Emulator Market is estimated to be valued at US$251.14 Bn in 2024 and is expected to exhibit a CAGR of 6.8% over the forecast period 2024 to 2031, as highlighted in a new report published by Coherent Market Insights. Market key trends: The increased demand for test simulation is one of the key trends driving the growth of network impairment emulator market. With many enterprises adopting digital technologies and modernizing their network infrastruc

The Netherlands Compounding Pharmacies Market Growth Accelerated by Rising Demand for Personalized Medications

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Compounding pharmacies combine, mix, or alter ingredients to create customized medications to meet individual patient needs based on their unique medical conditions. Compounding pharmacies help patients who may not be able to tolerate pre-filled prescription drugs or require specialized formulations not available commercially. The Netherlands Compounding Pharmacies Market is estimated to be valued at US$ 599.62 Mn in 2023 and is expected to exhibit a CAGR of 6.5% over the forecast period 2024 to 2031, as highlighted in a new report published by Coherent Market Insights. Market key trends: The increasing demand for personalized medications is one of the key factors driving the growth of the Netherlands Compounding Pharmacies Market. Compounded medications provide an alternative for patients who require customized dosage forms, flavors, or ingredients unavailable in commercially available prescription drugs. Compounding pharmacies help overcome shortages, improve tolerability, and

Myopia and Presbyopia Eye Drops Market Growth Accelerated by Increase In Myopia And Presbyopia Cases

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Myopia and Presbyopia eye drops are used for temporary relief from blurred vision caused by refractive errors such as nearsightedness and farsightedness. Myopia and presbyopia eye drops contain saline or other solutions which helps in moisturizing the eyes and providing temporary relief from vision issues. Increase in usage of digital devices and lack of outdoor activities have accelerated the cases of myopia and presbyopia worldwide. The global Myopia And Presbyopia Eye Drops Market is estimated to be valued at US$ 1.8 billion in 2023 and is expected to exhibit a CAGR of 8.2% over the forecast period 2023-2033, as highlighted in a new report published by Coherent Market Insights. Market key trends: The increasing prevalence of myopia and presbyopia cases globally is the major key trend fueling the growth of the market. According to a study by The International Myopia Institute, it is estimated that around 50% of the world's population will suffer from myopia by the year 2050. T

Molecular Spectroscopy Market Growth Accelerated by Increased Adoption in Pharmaceutical Industry

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Molecular spectroscopy refers to spectroscopy techniques used to analyze molecules and provides information about their structure. These techniques detect light absorbed or emitted by molecules to generate molecular fingerprints and insights into structural information through measuring electromagnetic spectrum or mass. Molecular spectroscopy finds extensive use in pharmaceutical industry for quality control, new drug development, and clinical diagnostics. The techniques allow non-destructive analysis of samples without requiring reagents. The growing pharmaceutical industry relies on molecular spectroscopy for rapid analysis of drugs, impurities, and other biomolecules. The global Molecular Spectroscopy Market is estimated to be valued at US$ 2.3 billion in 2023 and is expected to exhibit a CAGR of 16% over the forecast period 2023-2028, as highlighted in a new report published by Coherent Market Insights. Market key trends: The increased adoption of molecular spectroscopy techniqu

The global Presentation Software Market Growth Accelerated by Innovation in Cloud and Mobile Technologies

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Presentation software offers businesses a simplified way to create presentations, share content, and engage with audiences virtually. Features such as layout templates, animation effects, advanced charting options, and integrated collaboration tools make presentation software highly efficient for knowledge sharing and pitching. The global Presentation Software Market is estimated to be valued at US$ 6.8 Mn in 2024 and is expected to exhibit a CAGR of 4.7% over the forecast period 2024-2031, as highlighted in a new report published by Coherent Market Insights. Market key trends: The increasing adoption of cloud and mobile technologies has been a significant trend boosting the growth of the presentation software market. Presentation software providers are increasingly leveraging the cloud to offer users flexible access to their presentations from any device with an internet connection. They are also developing robust mobile apps for platforms like Android and iOS that allow users t

Power-To-Gas Market Growth Accelerated by Evolving Natural Gas Integration

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Power-to-gas technology facilitates the conversion of renewable electricity into hydrogen or methane gas that can be stored and distributed through the existing natural gas infrastructure. Power-to-gas systems allow surplus renewable energy to be stored for later use, enhancing the viability and flexibility of renewable resources. The global power-to-gas market is estimated to be valued at US$ 39.13 Bn in 2024 and is expected to exhibit a CAGR of 15% over the forecast period 2024 to 2031, as highlighted in a new report published by Coherent Market Insights. Market key trends: The integration of natural gas networks with power-to-gas technology is one of the primary drivers of market growth over the forecast period. Natural gas infrastructures can help store and transport hydrogen or synthetic methane produced from renewable power-to-gas systems. Countries worldwide are undertaking projects to develop hydrogen-ready natural gas networks and blend hydrogen with natural gas to leverage

Power Transformer Market Growth Accelerated by Increasing Infrastructural Developments

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Power transformers are mostly used in utility grids to transmit electricity over long distances at high voltage for better efficiency and less losses. They are key infrastructure required for reliable and stable power transmission and distribution. Rising investments towards expansion and upgradation of aging power grids across the world are driving higher demand for power transformers. Additionally, rapid urbanization and growing population have necessitated new residential and commercial construction projects which require installation of these transformers at local distribution levels. The global Power Transformer Market is estimated to be valued at US$ 44.47 Bn in 2024 and is expected to exhibit a CAGR of 15% over the forecast period 2024 to 2031, as highlighted in a new report published by Coherent Market Insights. Market key trends: The increasing infrastructural developments across both developed and developing regions have accelerated growth in the power transformer market o

The global Playground Hybrid Turf Market Growth Accelerated by Rise in Popularity of Synthetic Grass and Turf for Playgrounds

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Playground Hybrid Turf is a turf surface that consist of artificial grass blades grown and intertwined into an organic material such as coconut fibers and rubber infill. The significant advantages of playground hybrid turf include improved safety, long lasting durability, low maintenance, realistic grass-like appearance, and enhanced playability in all weather conditions as compared to natural grass. The global Playground Hybrid Turf Market is estimated to be valued at US$ 7079.83 Mn in 2023 and is expected to exhibit a CAGR of 4.5% over the forecast period 2024 to 2031, as highlighted in a new report published by Coherent Market Insights. Market key trends: The key trend fueling the growth of the playground hybrid turf market size is the rise in popularity of synthetic grass and turf for playground applications. Synthetic turf requires low maintenance as compared to natural grass and can withstand heavy foot traffic all year round without compaction or damage, which is driving

The global Photonic IC Market Growth Accelerated by Increasing Demand for Miniaturized Photonic Devices

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Photonic integrated circuits (PICs) are miniaturized devices that integrate multiple photonic components and functions into a single chip. PICs enable the miniaturization of optical components and allow complex photonic systems to be built at a significantly lower manufacturing costs compared to individual optical elements. PICs find a wide range of applications in telecommunications, optical sensing, spectroscopy, on-chip signal processing, and displays. The global Photonic IC Market is estimated to be valued at US$3535.23 Mn in 2024 and is expected to exhibit a CAGR of 5.2% over the forecast period 2024 to 2031, as highlighted in a new report published by Coherent Market Insights. Market key trends: The increasing demand for miniaturized photonic devices across various industries is anticipated to drive the growth of the photonic IC market over the forecast period. PICs enable the miniaturation of optical systems into chips and help integrate multiple functions into a single de

Phosphor Screen Scanner Market Growth Accelerated by Increasing Demand for Early Cancer Detection

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Phosphor screen scanners are medical devices used for the detection and diagnosis of various types of cancers. They allow quick and accurate imaging of tissues and cells through specialized phosphor screens. Some key advantages of these scanners include high resolution imaging capability, minimal radiation exposure to patients, ease of use, and ability to detect even the smallest abnormalities at an early stage. The growing awareness about early cancer detection and rising incidence of diseases like breast cancer, lung cancer and prostate cancer have significantly boosted the demand for phosphor screen scanners in recent years. The global Phosphor Screen Scanner Market is estimated to be valued at US$ 288 Bn in 2023 and is expected to exhibit a CAGR of 10% over the forecast period 2024 to 2031, as highlighted in a new report published by Coherent Market Insights. Market key trends: The increasing demand for early cancer detection is one of the major factors driving the growth of the