Market Research Report Analysis

  The global composites market size is expected to reach USD 163.97 billion by 2030, registering a CAGR of 7.2% over the forecast period, according to a new report by Grand View Research, Inc. The demand for composites is expected to witness significant growth owing to the rising fuel prices and stringent government regulations have shifted automobile manufacturers focus on light-weighted components which would further propel the market demand over the forecast period. Composite products play an essential role in the manufacturing of automotive and aircraft parts. The growing concerns regarding fuel consumption and CO2 emission levels have prompted the manufacturers to use carbon fiber composite materials as substitutes for metal components. Technological innovations to minimize the manufacturing cycle time is expected to propel the usage of composites in the automotive sector. The high cost of composites has limited their application scope to premium segment cars. Ho...

  The global clinical decision support systems market size is anticipated to reach USD 10.71 billion by 2030 and is projected to grow at a CAGR of 10.79% from 2024 to 2030, according to a new report by Grand View Research, Inc. Government initiatives aimed at promoting the adoption and integration of Clinical Decision Support Systems (CDSS) are expected to drive market growth by incentivizing hospitals and healthcare organizations to deploy such solutions. For example, in April 2023, the U.S. Department of Health and Human Services (HHS) revised certification program rules to encourage greater utilization of clinical decision support tools. Furthermore, advancements in AI and cloud-based CDSS technologies are projected to accelerate market expansion. The implementation of cloud-based computing to enhance CDSS platforms and database management is also anticipated to positively influence market growth in the forecast period. During the COVID-19 pandemic, various governm...

  The global external defibrillators market was valued at USD 3.51 billion in 2023 and is expected to grow at a compound annual growth rate (CAGR) of 9.7% from 2024 to 2030. This growth can be attributed to a variety of factors, including advancements in defibrillator technology, government initiatives aimed at increasing the accessibility of Automated External Defibrillators (AEDs) in public places, the rising incidence of sudden cardiac arrest (SCA), and proactive efforts by key market players. According to the American College of Cardiology Foundation in March 2021, the availability of public access to AEDs has significantly improved survival rates for individuals experiencing sudden cardiac arrests, underscoring the critical role these devices play in emergency situations. Additionally, the growing risk of heart conditions within the target population, particularly among those with sedentary lifestyles and aging demographics, presents opportunities for external de...

  The global DNA synthesis market was valued at USD 3.13 billion in 2023 and is expected to grow at a compound annual growth rate (CAGR) of 15.30% from 2024 to 2030. This growth can largely be attributed to the increasing demand for DNA synthesis driven by its applications in several fields, including molecular biology, genetic engineering, and clinical diagnostics and therapeutics. Additionally, the rising need for research in drug discovery and personalized medicine is expected to further boost market expansion during the forecast period. The market is also seeing moderate merger and acquisition activity, driven by factors such as the desire to enhance competitive positioning within the industry and the need for consolidation in a rapidly growing market. Companies are increasingly entering into collaborations to support advancements in research and development (R&D) in diagnostics and therapeutics. For example, in April 2023, Twist Bioscience, a leader in the DN...

  The global anime market was valued at USD 31.23 billion in 2023 and is projected to experience significant growth, with an anticipated compound annual growth rate (CAGR) of 9.8% from 2024 to 2030. This growth is largely driven by the rising demand for Japanese anime content, which continues to gain popularity worldwide. The increasing consumer interest in internet-based distribution and gaming applications, particularly in Japan’s overseas sales, is expected to be a major factor propelling the market forward. Additionally, the value creation within the anime market has been strongly supported by the efforts of animators, artists, publishers, developers, and other creative agencies who contribute to the production and distribution of anime. Currently, the market is in a medium growth stage, but the pace of growth is accelerating. A key feature of the anime market is its high degree of innovation, as the industry draws from a diverse range of sources such as manga (Ja...

  The global eyewear market size was valued at USD 183.36 billion in 2023 and is expected to grow at a CAGR of 8.3% from 2024 to 2030. The market growth is attributed to several factors, such as the increasing prevalence of eye conditions such as myopia, hyperopia, astigmatism, and presbyopia is driving demand for corrective eyewear. The availability of a wide range of stylish and affordable eyewear options, including designer brands and customized lenses, has made eyewear more accessible to consumers. Moreover, the rising disposable incomes and the growing acceptance of eyewear as a fashion accessory have further fueled market growth. The market growth stage is moderate, and the pace of the market is accelerating. The market is characterized by a high degree of innovation with the development of thinner, lighter, and more scratch-resistant lenses has made prescription glasses more comfortable and appealing to wearers. Furthermore, technological advancements such as s...

  The global dental practice management software market was valued at approximately USD 2.6 billion in 2023 and is projected to grow at a compound annual growth rate (CAGR) of 10.17% from 2024 to 2030. This growth is expected to be driven by a variety of factors. One of the primary drivers is the increasing frequency of dental visits, as more people are seeking regular dental care and treatment. Additionally, there is a growing awareness about the importance of oral health, particularly in regions like Europe and the United States, where there is heightened focus on preventive care and overall well-being. The rise in dental visits is boosting the demand for efficient and effective management solutions for dental practices. Furthermore, rapid technological advancements in dental practice management software are enabling these tools to offer more robust features, including integrated scheduling, billing, patient management, and data analytics, all of which improve pract...