Market Research Report Analysis

  20 th January 2021 – The global Pharmacovigilance (PV) Market size is estimated to reach USD 10.27 billion by 2025, registering at a 13.1% CAGR over the forecast period as the scope and its applications are rising enormously across the globe. Pharmacovigilance (PV) is also termed as drug safety, is a science and activities relating to the prevention, detection, understanding, and assessment of adverse effects or other drug-related issues. The factors that are playing a major role in the growth of pharmacovigilance market are the rising occurrence of adverse drug reactions (ADR), enhancement in development of ADR database and information system, and the rising demand from the end-users. Pharmacovigilance (PV) industry is segmented based on the clinical trial phase, service provider, type of methods, end-user and region. Access Pharmacovigilance (PV) Market Report with TOC @ https://www.millioninsights.com/industry-reports/pharmacovigilance-pv-market Phase IV, phase III, p...

19 th January 2021 – The global Geriatric Care Services Market size is estimated to reach USD 1,012.02 billion by 2022, registering at a 6.1% CAGR during the forecast period. Growing geriatric population coupled with rising prevalence of chronic diseases is one the key factors driving the growth of geriatric care services market. According to United Nations World Ageing Population 2015 report, it was estimated that between 2015 and 2030, the number of people aged 60 years and above will grow by 56 percent, from 901 million (2015) to 1.4 billion (2030). It was also reported that by 2050, the number is expected to double its size, reaching about 2.1 billion. In addition, growing demand for independent aging solutions and introduction of robotic technology in geriatric care is also anticipated to further boost up the market growth. Presence of favorable reimbursement policies and increased life expectancy are also amongst few factors expected to propel demand for geriatric care se...

18 th January 2021 – The global In Vitro Diagnostics (IVD) Market size is likely to reach USD 98.99 billion by 2025 and is anticipated to grow at a CAGR of 6.6% during the forecast period. In-Vitro diagnostics is an extensive range of veterinary and medical laboratory tests that are used to analyze diseases and constantly monitor the clinical status of patients using samples of blood, cells, or other tissues attained from a patient. Considering its driving factors, the growing geriatric population that is very much susceptible to diseases, needs constant diagnostic tests. Additionally, technological expansions in terms of precision, compactness, and cost-effectiveness are helping the market to fast-track the demand for In-Vitro diagnostics industry in the current scenario. In addition to this, there is a continuous rise in the demand for Point-of-Care (PoC) devices and the improved technologies such as miniaturization of microfluidics, biochips, and nano-biotechnology are now being...

13 th January 2021 – The global molecular scissors/genome editing market size was worth USD 2,585.5 million in 2016 which is anticipated to grow at a CAGR of more than 13.5% during the forecast period. Application of technology in the therapeutic genetic editing process of infected tissue and cells eliminates damage causing mutations, which is expected to enlarge the market size. The existence of robust pipeline products is anticipated to influence progress in genomics sector over the projected period. Innovative products support the DNA targeting advances with simplicity of AAV packaging for distribution, specificity of the nuclease, and improved flexibility. Furthermore, genome editing is an upcoming stream and biotech & pharmaceutical companies are collaborating for the enhancement of technology. Several companies are also involved in product manufacturing either on their own or by the asset of strategic partners. However, factors such as IP disputes in context with CRISPR tec...

12 th January 2021 – Europe Food Can Market was valued at $10.17 billion in 2015 and is expected to continue with the growing streak due to soaring demand for packaged food. The need of superior packaging alternative can act as a driver this market over a given period. Frequent changes in the price of raw material can act as a barrier in industry growth. The canned fish products will be in demand because of lifestyle of the consumers in European economics. It is forecasted that that demand for exotic fish and fish products will eventually go up. Spain and Italy are two economies that have high imports of large scale production of canned fish products. In Europe UK is important market for food can and it will increase at a significant rate observing the consumer demand for packaged products. The dependency of consumer on meat and powdered products packages will have a positive impact on the industry growth. This market segment will benefit from demand for sustainable natural foo...

11 th January 2021 – The worldwide smart elevator market size valued at USD 10.50 billion in 2014. Rising acceptance, particularly in Latin America, Asia Pacific, and the Middle East, are anticipated to drive the growth of the market. Numerous benefits together with longer stability along with reliability are also expected to help the growth of the industry over the coming years. Growing disposable income of the consumer, predominantly in countries such as China, Brazil along with India coupled with the increasing need for faster transportation facilities may elevate the demand for the elevator. The elevator industry is hovering for growth owing to superior control of elevator traffic and the growing requirement for improved energy efficiency worldwide. Expansion of products that utilize renewable energy sources is likely to offer new development avenues in the upcoming years. Extensive usage in different sector like industrial, commercial as well as residential areas is further l...

8 th January 2021 – The global luxury furniture market is anticipated to reach $28.60 billion by 2022 at a CAGR of 3.7% in the forecast period. The key factors affecting the growth of this sector are disposable income. The growth of the luxury furniture sector is directly proportional to the adoption of e-retailing methods to reduce the operating expenses in sales & distribution and growth of real estate industry. The real estate sector has shown a significant slowdown in the 1st half of 2017. However, the market is expected to grow with the moderate speed. Development of the real estate industry for commercial as well as the residential place would push the luxury furniture market forward. Also, the development is coupled with the change in lifestyle of the consumers, especially in urban areas due to increase in disposable income. However, the growth can be hampered by the increasing expenses for a raw material required, the design of furniture and the lack of sk...

6 th January 2021 – Agriculture drones is use of drones in farming that helps farmers to monitor crop growth and increase crop production. In 2015, the agriculture drone market was valued at USD 193.4 million globally. Agriculture drones are used for collecting high-quality data and its data processing tools are less expensive and easy to use. The use of advance technologies and its increasing awareness among farmers will propel the growth of market. The advantages such as efficient water usage, fertilizers and land, better productivity will drive the market of Agriculture drones. The various capabilities such as imaging capabilities, sensors, and better materials will lift the market. The market share of Hybrid drones is expected to be highest by 2022. The drones takes snapshot of different sectors of field that provides crucial and important data regarding crop, soil and yields in order to assist in crop management. Agriculture drones are emerging as a lucrative sector due to its...

5 th January 2021 – The global automotive sensor market was anticipated at USD 18.68 billion in 2014. Approving initiatives of government for the security and safety of passenger are expected to propel the growth in the revenue. Automotive sensors help in the detection of parameters which include speed and heat and take preventive measure when in danger, thus it becomes an important part of automobiles. Owing to technological improvement vehicles are provided with various sensing devices which give information on numerous parameters thus confirming security, safety, and comfort. Due to the increasing demand of consumers for comfort and fuel-efficiency as well as agreeable regulations of government on safety along with emission standards, there has been an increase in the number of devices used per vehicle. The switch for self-driving cars could notably drive the market of automotive sensors as some devices are required to process intelligent data for making autonomous decisions. F...