The global pharmaceutical packaging market size was valued at USD 139.37 billion in 2023 and is expected to grow a compound annual growth rate (CAGR) of 9.7% from 2024 to 2030.
The enormous growth of the pharmaceutical sector is one of the primary growth factors for the pharmaceutical packaging sector. The pharmaceutical business has been expanding quickly in recent years due to scientific and technological advancements, and this trend is predicted to continue over the projection period, part...
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The global industrial vending machine market size was valued at USD 3.01 billion in 2023 and is anticipated to grow at a CAGR of 9.8% from 2023 to 2030.
The increasing demand is attributed to the growing trend toward lean manufacturing practices. As businesses strive to eliminate waste and improve efficiency, industrial vending machines are essential for managing and dispensing materials as needed. By supporting just-in-time (JIT) inventory practices, these machines help companies maintain m...
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The global permanent magnets market size was valued at USD 22.18 billion in 2023 and is expected to expand at a compound annual growth rate (CAGR) of 8.7% from 2024 to 2030.
The rising prominence of renewable energy sources, such as wind and solar, is anticipated to positively aid the market growth over the forecast period. At present, permanent magnets are used in wind turbine generators for increasing their efficiency. Rare earth magnets, such as Neodymium Ferrite Boron (NdFeB), are being ...
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The global field service management market size was valued at USD 4.43 billion in 2022 and is expected to grow significant growth with a compound annual growth rate (CAGR) of 13.3% from 2023 to 2030 due to the growing number of field operations across different end-use industries such as telecom, oil & gas, construction, and energy & utilities. Furthermore, the rapid adoption of FSM solutions by different small & medium enterprises is also expected to drive market growth over the forecast peri...
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November 08, 2021: Global Surgical Robot Market is anticipated to grow considerably in the forecast period owing to the growth in (MIS) Minimally Invasive Surgery worldwide. Surgical robots are sophisticated robots that carry out medical procedures on patients. These systems potentially improve the safety and perform surgeries effectively. These systems support major advances like minimally invasive surgery, remote surgery, and unmanned surgery.Surgical robots market is driven by factors like gr...
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November 08, 2021: Global Paper Diagnostics Market is expected to reach USD 8.35 billion by 2022. Paper diagnostics are the tools that are rugged enough, simple to use, and cheap for rural areas that could save thousands of lives across the globe. A disposable and versatile test that may analyze blood or urine for indication of chronic conditions or infectious diseases. The paper diagnostics market is estimated to grow at a significant CAGR of 7.5% over the forecast period as the scope and its a...
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November 08, 2021: The global Liquid Flavor Market is projected to grow at a significant CAGR during the forecast period. Initially, many flavors are produced in a physical form that is unfit for food applications. Conversion of solid to liquid and solid to various other forms takes place in the post-production process.Common processes include spray chilling, spray drying, powder adsorption and emulsification. On the other hand, liquid flavors entail use of flavor oil to flavor soft drinks. Flav...
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November 03, 2021: Global Digestive Enzyme Supplements Market is expected to reach USD 1.6 billion by 2025. Digestive enzymes are a multifaceted protein prepared by the body to support break down of food into smaller molecules. Digestive Enzyme Supplements are in a chewable tablet or pill form with one or a combination of multiple digestive enzymes.These supplements support healthy digestion, optimize the breakdown of protein, fats, and carbohydrates, reduce constipation, gas, bloating, and indi...
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November 03, 2021: Global Digestive Enzyme Supplements Market is expected to reach USD 1.6 billion by 2025. Digestive enzymes are a multifaceted protein prepared by the body to support break down of food into smaller molecules. Digestive Enzyme Supplements are in a chewable tablet or pill form with one or a combination of multiple digestive enzymes.These supplements support healthy digestion, optimize the breakdown of protein, fats, and carbohydrates, reduce constipation, gas, bloating, and indi...
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November 03, 2021: Global Isoflavones Market is anticipated to reach USD 50.06 billion by 2025. Isoflavones are a class of flavonoids that prove to be anti-cancerous, anti-oxidant, and anti-inflammatory breast cancer cell suppressors; along with antimicrobial properties. Isoflavones play a key role in maintaining and protecting strong and healthy bones. These are mainly found in soy products and soybeans, legumes, chick peas, and peanuts.The factors that propel the growth of the isoflavones mark...
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November 02, 2021:Â The global Battery Management System Market size is expected to value at USD 11.17 billion by 2025. The battery management system industry is subject to witness a substantial growth due to the growing industrialization, mainly in manufacturing industry, and rise in need for high performance electronic devices. Additionally, current trend of renewable energy generation & management, which is driven by the rising concerns related to climate change around the globe, is expected ...
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November 02, 2021: Global Artificial Ventilation and Anesthesia Masks Market is anticipated to grow considerably in the forecast period owing to the growing geriatric population who are prone to several chronic disorders. Artificial ventilation are the devices that replace or improve the function of inspiratory muscles by offering the required energy to the body. Anesthesia masks are used for surgeries patient completely asleep (unconscious) while operation. Altogether, they help improve the pat...
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