Micro Markets

 The global cell culture industry size is poised to rise with mega-trends witnessed in stem cell therapy and regenerative medicine, according to the " Cell Culture Industry Data Book, 2023 – 2030 ," published by Grand View Research. Moreover, an infusion of funds into life science, biotechnology and biopharmaceutical research activities has redefined the ecosystem. For instance, developments in cell culture technology have leveraged food developers to use animal cells to produce food. Industry players have explored opportunities in vaccines and antibodies, which is expected to continue in the ensuing period. The trend suggests that 3D cell culture could be highly sought-after in drug development, tissue engineering and biopharmaceutical manufacturing. Investors and researchers expect 3D cell culture technology to solidify its position as a compelling tool in regenerative medicine, disease modeling and drug discovery. The prevalence of chronic disease and the trend for persona...

 The global advanced wound dressing products industry size stood at USD 7.4 billion in 2022 and is expected to witness a 4.46% CAGR from 2023 to 2030, according to " Advanced Wound Dressing Products Industry Data Book, 2023 – 2030 ," published by Grand View Research. The upward trajectory is mainly due to a surge in surgical procedures and technological advancements across the business vertical. The Eurostat noted that at least 1.12 million cesarean sections were performed in the EU in 2020. Besides, the prevalence of chronic diseases and a sedentary lifestyle has prompted the healthcare sector to inject funds into wound care services. The proliferation of burn injuries across the U.S., the U.K. and the Middle East & African countries has spurred the demand for foam dressings. The National Fire Protection Association (NFPA) infers that someone in the U.S. sustains a serious burn injury every 60 seconds. In 2021, the U.S. Fire Administration (USFA) recorded 2...

 The global metal cans industry size stood at USD 61.7 billion in 2021 and will observe strong growth on the back of bullish demand for lightweight, high barrier and low-cost options, according to the " Metal Cans Industry Data Book, 2023 – 2030 ," published by Grand View Research. Can-makers are poised to gain ground from the rising footfall of aluminum and beverage products. Heightened demand to contain foods, beverages, medicines, paints and aerosol products has expedited the footprint of metal cans. With millennials and the Gen Z population exhibiting traction for packaged food & beverages, forward-looking companies are poised to unlock growth avenues in food packaging. Lately, aluminum cans have witnessed an unprecedented demand against the backdrop of expanding footprint of environmentally friendly beverage packaging. Metal has amassed popularity as a sustainable material of choice, with more recycling content and a higher recycling rate compared to other packag...

 The global facial rejuvenation products industry size was valued at USD 104.7 billion in 2022 and will exhibit a 6.4% CAGR during the forecast period 2023-2030, according to the " Facial Rejuvenation Products Industry Data Book, 2023-2030 ," published by Grand View Research. Cosmetic treatment to restore the human face to a youthful appearance has spurred the footprint of facial rejuvenation treatment. Consumers have sought surgical and non-surgical options that can enhance the appearance of sagging skin and wrinkles. Dermatologists have furthered their inclination toward wrinkle fillers, anti-acne cosmetics, skin boosters, injectable and skin care products. For instance, injectable procedure appointments gained momentum during the lockdown. The onset of the COVID-19 pandemic prompted an influx of video calls, prompting end-users to invest in healthy-looking skin. The growing trend to enhance the physical appearance on the back of notable advancements in modern healthcar...

 The global agriculture equipment industry size stood at USD 286.03 billion in 2021 and will exhibit a robust CAGR of 6.2% from 2022 to 2030, according to the " Agriculture Equipment Industry Data Book, 2022-2030 ," published by Grand View Research. State-of-the-art developments in farm equipment have ramped up speed, scale and productivity, providing efficient cultivation. The emergence of telematics has leveraged farmers with automation and process monitoring, gaining traction as a lucrative option. Investments in smart farming to enhance production and operational efficiency will expedite innovation and foster the application of IoT solutions in agriculture. Farm managers have sought bespoke solutions, including GPS tracking and smart farming, to know and assess the location of their tools and vehicles and provide real-time data. Farmers have leveraged geofence to emphasize harvesting, fertilizing and soil cultivation. Notably, optimization of the use of vehicles, incl...

  The global flavors & fragrances industry size stood at   USD 23.35 billion   in 2021 and will exhibit compelling gain on the back of strong demand for essential oil, oleoresins and aroma chemicals, according to the " Flavors & Fragrances Industry Data Book, 2023 – 2030 ," published by Grand View Research. Bullish penetration of fragrances in cosmetics, soaps & detergents, perfumes and toiletries, and the shifting consumer trend for cleaner products will reshape the dynamics in the landscape. With millennials advocating for clean labels, manufacturers are expected to meet consumer expectations through investments in natural flavors. The food and cosmetics sectors have sought flavor ingredients following the rising footprint of processed and low-calorie food. Besides, burgeoning urbanization and surging disposable income will continue to steer the industry growth. The food & beverage sector will further the investments in flavors & fragrances to keep u...

  The global personal protective equipment industry size stood at  USD 91.55 billion   in 2021 and will grow with the push for increased employee health & safety, according to the " Personal Protective Equipment Industry Data Book, 2023 – 2030 ," published by Grand View Research. The prevalence of injuries and illness from radiological, physical, chemical, electrical and other workplace hazards has spurred the demand for safety glasses, gloves, shoes, full-body suits and vests. PPE manufacturers and suppliers have responded to safety regulations with an increased inclination for kits. Predominantly, the Ohio Bureau of Workers' Compensation's Workforce Safety Innovation Center (WSIC) exemplifies PPE and personal protective technology innovations to boost workplace safety. Magnified investments in the PPE business have come on the back of the COVID-19 pandemic and technological advancements, including clothing with sensors and thermoplastic-coated protective gloves....

  Healthcare Information Systems Industry Data Book Covers Hospital Information Systems, Pharmacy Automation Systems, Laboratory Informatics, Revenue Cycle Management Markets. The global  healthcare information systems markets  size generated over USD 406.4 billion in 2022 and is expected to grow at a CAGR of 13.3% over the forecast period. Hospital Information System Market Growth & Trends The global hospital information system market size is expected to reach USD 405.6 billion by 2030, according to a new report by Grand View Research, Inc. The market is expected to grow at a CAGR of 17.4% from 2023 to 2030. Hospital information systems are being increasingly adopted to improve operational efficiency in the legal, administrative, and financial tasks in hospital facilities, which is one of the key factors driving industry growth. Moreover, increasing awareness about advanced IT services and rising demand to curb the growing healthcare costs are other key drivers of th...