Industry Experts - Market Research Reports, Industry Analysis, Custom Research

Industry Experts, Inc., has released its latest report on Europium Market , which projects the demand for the same to reach US$373.3 million by 2030 from an estimated US$267.1 million in 2024 at a CAGR of 5.7% between the two years. The demand for Europium in the global market is primarily being driven by a number of factors that include increasing demand of phosphors in various applications for making high-quality displays that offer higher cooling, energy efficiency and brightness in products, such as OLEDs & LCDs, which are used in televisions, smart phones, wearables  and other electrical & electronic equipment. Technological advancements have enhanced the methods of extracting, purifying and separating europium from other ores, thereby positively impacting its availability to manufacturers. Heavy investments in R&D for improving performance and overcoming supply challenges of this metal have determined the global market in yielding innovative solutio...

Industry Experts, Inc., has released its latest report, on Duplex Stainless Steel market, which projects the demand for the same to reach US$6 billion by 2030 from an estimated US$4.4 billion in 2024 at a CAGR of 5.4% between the two years. Some of the factors instrumental in driving demand for Duplex Stainless Steel include its widespread use in the oil & gas industry in the form of pipes & tubes. Comprising an almost equal proportion of austenitic and ferritic steels makes this variety of stainless steel very strong and highly resistant to corrosion, owing to which its application across various important end-use sectors has been growing rapidly.  The construction & infrastructure industry is another major consumer of Duplex Stainless Steels, as they are ideal for making bridges and other infrastructure projects. Apart from this, the chemical processing industry, subject to extreme operating environments, also makes extensive use of Duplex Stainless Ste...

Industry Experts, Inc., has released its latest report, on Copper , which projects the demand for Copper to reach US$368.8 billion by 2030 from an estimated US$269 billion in 2024 at a CAGR of 5.4% between the two years. The use of copper and its alloys is quite extensive, contributing significantly to economic development. Major end-user sectors of this vital element include transportation, construction, consumer products, electrical & electronics and industrial machinery. The global demand for copper has been maintaining a steady growth, as statistics reveal a 300% growth in the use of refined copper over the last five decades across the industries mentioned above, reaching about 26.5 million tons in 2023. Other than being used in its primary form, copper is also among the most recycled materials, owing to which the market for secondary copper has been posting considerable growth. With an estimated share of about 41% in 2024, Asia-Pacific is the largest global marke...

Industry Experts, Inc., has released its latest report on Automotive Alloys , which projects the demand for this them to reach US$207.6 billion by 2030 from an estimated US$140.7 billion in 2024 at a CAGR of 6.7% between the two years. Some of the factors instrumental in driving demand for Automotive Alloys include their application in lightweighting passenger cars and commercial vehicles with the aim of reducing fuel consumption and minimizing emissions. Due to depletion of fossil fuel resources, the proliferation of electric and hybrid vehicles has been an important development, in which the use of Automotive Alloys is paramount for reducing weight, so that battery range and performance are maximized. Technological innovations in alloy development continue to play a major role in the creation of novel products with further improved characteristics. Worldwide, Asia-Pacific leads the demand for Automotive Alloys and is also likely to be the fastest growing region. China...

This latest report from Industry Experts, Inc., on Aluminum Market estimates that demand for the metal is estimated at US$189.3 billion in 2024 and is likely to maintain a 2024-2030 CAGR of 5.9% in reaching a projected US$267.7 billion by 2030. A number of factors are responsible for driving the demand for Aluminum, a primary one of which includes the wider adoption of secondary or recycled aluminum in various applications, such as transportation, packaging, construction, electrical & electronics and machinery. The light weight and easy formability of aluminum in various forms and shapes makes it to be a multipurpose material with a plethora of applications. In the aerospace and automotive sectors, for instance, the metal has proved to be an ideal replacement for heavy steel panels and components, providing the similar, if not better, protection at a lower weight owing to its better strength-to-weight ratio than steel. As a consequence, vehicles made with a large perce...

Industry Experts, Inc., has released its latest report on " Portable Medical Devices ," which projects the demand for the same to reach US$127 billion by 2030 from an estimated US$72.5 billion in 2024 at a CAGR of 9.8% between the two years. The portable medical devices market is primarily driven by the growing incidence of chronic illnesses that require effective management solutions. These conditions require continuous monitoring and treatment, leading to a strong demand for portable devices that enable individuals to track and manage their health in real-time from home. The increasing adoption of advanced wearable devices also significantly boosts market growth. These devices, such as smartwatches and health monitors, offer improved data accuracy and enhance patient engagement, making health monitoring easier and more convenient. The hospitals and clinics end-user segment led the market cornering with an estimated share of 45.7% in 2024, driven by the increa...

A new report from Industry Experts Inc, on " PEEK Implants Market ," is published. According to this market research report, the global market for PEEK Implants is estimated at US$0.9 billion in 2024 and is expected to register a CAGR of 8.5% during the 2024-2030 analysis period and stand at a projected US$1.5 billion by 2030. The PEEK implant market is influenced by several key drivers, including its biocompatibility and material properties, which make it a preferred choice for various surgical applications. The growing demand for non-metallic implants, particularly in dental and spinal surgeries, is propelling PEEK's popularity due to its reduced risk of allergic reactions and enhanced patient comfort. Additionally, technological advancements in 3D printing are enabling the creation of customized PEEK implants, improving surgical precision and patient outcomes. The rising number of spinal and orthopedic surgeries among aging populations further boosts dema...

A new report from Industry Experts Inc, on " Magnetic Resonance Imaging (MRI) Equipment ," is released. According to this global market research report, estimated at US$7.6 billion in 2024, the global MRI Equipment market is projected to reach US$10.8 billion by 2030, growing at a CAGR of 6% between 2024 and 2030. The Magnetic Resonance Imaging (MRI) Equipment market growth is propelled by the rising incidence of chronic illnesses, such as cancer, neurological conditions, and cardiovascular diseases, which require sophisticated imaging methods for precise diagnosis and treatment tracking. MRI devices are essential for their capability to deliver detailed, high-resolution images without ionizing radiation methods and make them specifically valuable for soft tissue evaluation in fields like neurology and oncology. Growing healthcare awareness and the adoption of advanced MRI technologies, including high & very high-field MRI systems (>3T to 7T) and ultra-hig...

A new report from Industry Experts Inc, on " Pain Management Devices ," is released. According to this global market research report, the market for Pain Management Devices is estimated at US$5.1 billion in 2024 and is anticipated to post a CAGR of 8.4% during the 2024-2030 analysis period and stand at a projected US$8.3 billion by 2030. The pain management devices market is primarily driven by the rising incidence of chronic diseases, such as cancer and heart disease, which often lead to severe pain and increased demand for effective pain management solutions. The rise in surgical procedures further propels this market, as these devices are essential for providing anesthesia, controlling pain during and after surgery, and facilitating faster recovery. North America leads the global pain management devices market, cornering the share of 47.9% in 2024, driven by the rapid adoption of devices, rising per capita income, and increasing demand for drug-free therapie...

A new report from Industry Experts Inc, on " Hand Tools & Accessories ," is released. According to this global market research report, the market for Hand Tools & Accessories is estimated at US$26 billion in 2024 and is anticipated to post a CAGR of 5.8% during the 2024-2030 analysis period and stand at a projected US$34.5 billion by 2030. The demand for Hand Tools & Accessories is expected to post steady growth over the analysis period, which can be attributed to several factors, including surge in infrastructural developments due to rapid industrialization & urbanization, technological advancements in shaping these instruments for durability and high proficiency, such as smart tools & ergonomic designs and growing need for repair & maintenance in automotive industry. Wrenches are expected to hold the largest share in the global market for Hand Tool & Accessories. This tool is made of steel and other alloys, such as chromium-vanadi...

A new report from Industry Experts Inc, on " Non-Small Cell Lung Cancer (NSCLC) Therapeutics ," is released. According to this global market research report, the global market for Non-Small Cell Lung Cancer (NSCLC) Therapeutics is estimated at US$27.7 billion in 2024 and is anticipated to record a CAGR of 10.3% during the 2024-2030 analysis period and stand at a projected US$50 billion by 2030. The Non-Small Cell Lung Cancer (NSCLC) therapeutics market is driven by the increasing rates of tobacco consumption, particularly among younger individuals, and also severe air pollution and poor lifestyle choices. As NSCLC represents 80-85% of all lung cancer cases worldwide, the rising incidence of lung cancer is generating a heightened demand for effective therapies. Key risk factors fueling this trend include exposure to carcinogens from smoking and environmental pollutants, coupled with an aging population that has long been affected by tobacco. The adenocarcinoma s...

A new report from Industry Experts Inc, on " Lung Cancer Therapeutics ," is unveiled. According to this global market research report, the global market for Lung Cancer Therapeutics is estimated at US$32.5 billion in 2024 and is anticipated to record a CAGR of 10.4% during the 2024-2030 analysis period and stand at a projected US$58.9 billion by 2030. The lung cancer therapeutics market is driven by increased awareness and advancements in screening technologies that facilitate early detection, enabling timely and effective treatment. Additionally, the rising prevalence of lung cancer, an aging population, and lifestyle changes contribute to a long-term demand for effective therapies. Innovations such as targeted therapies and immunotherapies enhance patient outcomes while minimizing side effects, with a growing emphasis on personalized medicine for individual genetic profiles. Cancer risk is further increased by environmental pollution, while improved detection ...

Industry Experts, Inc., has introduced its latest report on Cosmetics Packaging . According to this new report, Cosmetics Packaging demand is estimated at US$47.3 billion in 2024, up from US$45.2 billion in 2023, and projected to post a CAGR of 4.6% between 2024 and 2030 to reach US$61.9 billion in 2030. The global Cosmetics Packaging market is driven by several key growth trends which include rising consumer demand for beauty and personal care products, fueled by trends in wellness, self-care, and social media influence. Aesthetic appeal and packaging innovation are crucial, as consumers increasingly value unique, visually appealing packaging that enhances brand experience. The push for sustainability is also a major factor, with brands adopting eco-friendly packaging solutions like recyclable, refillable, and biodegradable materials to meet consumer expectations and regulatory demands. The Asia-Pacific region holds the dominant position in the Cosmetics Packaging mark...

Industry Experts, Inc., has released its latest report on "3D Metrology," which projects the demand for 3D Metrology to reach US$20.6 billion by 2030 from an estimated US$11.8 billion in 2024 at a CAGR of 9.8% between the two years. Some of the factors instrumental in driving demand for 3D Metrology include its widespread use for quality control and inspection applications across a range of sectors, such as heavy machinery, automotive, energy, power, aerospace, construction, engineering and healthcare for guaranteeing product reliability. The development of novel products and solutions in this area demand R&D for precise management and inspection in order that the final designed product is as per preset specifications to complete the requisite applications. Governments across the world are promoting the use of 3D Metrology in a variety of industries to develop equipment for accurately evaluating and controlling manufacturing operations involved in various ...

A new report from Industry Experts Inc, on " Breast Cancer Therapeutics ," is published. According to this new global market research report, worldwide demand for Breast Cancer Therapeutics is estimated at US$34.8 billion in 2024 and is anticipated to record a CAGR of 8.2% during the 2024-2030 analysis period and stand at a projected US$55.8 billion by 2030. The breast cancer therapeutics market growth is driven by an increasing prevalence of breast cancer, greater awareness of early detection, and advancements in treatment technologies such as targeted therapies and immunotherapies. Focusing on personalized medicine, especially HER2-targeted therapies and immunotherapies, has improved patient outcomes. Moreover, the surge in innovative treatment options is being contributed by supportive government initiatives and increased investment in research and development by pharmaceutical companies. The hormone receptor segment dominates the breast cancer therapeutics...

A new report from Industry Experts Inc, on " Head and Neck Cancer Therapeutics ," is introduced. According to this global market research report, the global market for Head and Neck Cancer Therapeutics is estimated at US$1.7 billion in 2024 and is anticipated to post a CAGR of 9.4% during the 2024-2030 analysis period and stand at a projected US$3 billion by 2030. The head and neck cancer market is primarily driven by increased research and development, which leads to the approval of new drugs, particularly for immunotherapy, targeted therapy, and chemotherapy. Healthcare providers are developing effective treatment options for several types of head and neck cancers, as evidenced by FDA approvals for drugs like Cetuximab and Docetaxel. Market growth is also driven by the rising incidence of HPV infections and increased consumption of alcohol and tobacco, which contribute to the prevalence of head and neck cancers. Programmed Cell Death (PD) Inhibitors dominate ...

A new report from Industry Experts Inc, on " Compression Therapy ," reveals that the global compression therapy market is estimated to be valued at $4.1 billion in 2024 and is projected to grow to $5.6 billion by 2030, with a CAGR of 5.6% during the analysis period 2024-2030. The compression therapy market is driven by the increasing aging population and the rising prevalence of chronic conditions such as venous diseases, lymphedema, and deep vein thrombosis (DVT). Older individuals are particularly at risk for these conditions and often require compression therapy to enhance blood circulation and prevent complications. Additionally, innovations in compression technology, such as multi-component systems, have contributed to the market's expansion. Static compression therapy is the largest segment of the compression therapy market , accounting for 67.2% of the share in 2024, due to its ease of use, affordability, and effectiveness in treating conditions such ...

A new report from Industry Experts Inc, on " Cervical Cancer Treatment ," is published. This global report reveals that the market for Cervical Cancer Treatment is estimated at US$8.6 billion in 2024 and is anticipated to post a CAGR of 5.4% during the 2024-2030 analysis period and stand at a projected US$11.8 billion by 2030. Advancements in immunotherapies and targeted therapies are driving the cervical cancer treatment market by providing more precise treatment options and reducing side effects. Immune checkpoint inhibitors, monoclonal antibodies, and personalized medicine are gaining momentum in the market, with drugs like pembrolizumab (Keytruda) demonstrating positive results in enhancing patient outcomes. Growing awareness and early screening initiatives are further driving the market demand, particularly in low- and middle-income countries where cervical cancer rates remain high. Chemotherapy dominates the cervical cancer treatment market, with an estim...

A new report from Industry Experts Inc, on " Cancer Immunotherapy ," is introduced. As per this market research report, the global market for Cancer Immunotherapy is estimated at US$135.2 billion in 2024 and is anticipated to post a CAGR of 9.8% during the 2024-2030 analysis period and stand at a projected US$236.9 billion by 2030. The global cancer immunotherapy market is primarily driven by the rising prevalence of cancer worldwide, leading to a growing demand for more effective treatment options. Oncolytic viral therapies and cancer vaccines use viruses to specifically target and destroy cancer cells, while Checkpoint inhibitors and CAR-T cell therapies are increasingly employed to treat lung cancer and melanoma. These therapies stimulate immune responses and are gaining attention due to their precise targeting and reduced side effects, further driving market demand. The Monoclonal Antibodies segment dominates the cancer immunotherapy market, holding a proj...

A new report from Industry Experts Inc, on " Solar Batteries Market ," reveals that the global Solar Batteries market is estimated at US$257.3 million in 2024 and is expected to record a CAGR of 15.7% during the 2024-2030 analysis period and stand at a projected US$617.5 million by 2030. The global Solar Batteries market is driven by several key growth trends which include the global shift towards renewable energy and the need to reduce carbon emissions, which has significantly increased the adoption of solar power systems. The declining costs of solar panels and battery storage technologies, particularly lithium-ion batteries, make solar energy more accessible and affordable. Lithium-ion is a leading Product Type in the Solar Batteries market, with an estimated share of 83.8% in 2024, owing to their superior energy density, efficiency, and longer lifespan compared to other battery technologies. They can store more energy in a smaller space, making them ideal f...

A new report from Industry Experts Inc, on " Superconductors Market ," is released. According to this global market research report, forecast to be US$8.5 billion in 2024, the global superconductors market size is projected to reach above US$16 billion by 2030, growing at a CAGR of 11.2% between 2024 and 2030. The growth in the superconductors market is mainly attributed to demand from new emerging applications in power & energy and absolute growth in medical applications. Low-temperature superconducting materials have been in a dominant position in the global superconductors market, occupying a share of 83% in 2024, due to their excellent machining performance and cost advantages. They are widely used in medical equipment and large-scale scientific research projects. While demand for low-temperature superconductors (LTS) is continued to progress at high single digit rates driven by continued demand from established markets such as medical and scientific res...

A new report from Industry Experts Inc, on " Membrane Filtration Technologies ," is published. According to this market research report, the global market for Membrane Filtration Technologies is anticipated to record a CAGR of 9.2% over the 2024-2030 analysis period in reaching a projected US$34.3 billion by 2030 from an estimated US$20.3 billion in 2024. The worldwide market for Membrane Filtration Technologies is primarily being driven by factors that include growing demand from the food & beverage and pharma sectors, the concept of ultrapure water gaining considerable ground, need to purify & reuse wastewater due to an impending water crisis, rise in contamination levels necessitating effective technologies, momentum in ultrafiltration & nanofiltration technologies, demand for microfiltration sustaining despite its technological maturity and forward osmosis becoming a viable alternative. Asia-Pacific represents the leading global market for Membra...

A new report from Industry Experts Inc, on " Medical Waste Management ," reveals that the worldwide the demand for Medical Waste Management is expected to maintain a CAGR of 7.4% between 2024 and 2030 to reach a projected US$18.8 billion by 2030 from an estimated US$12.2 billion in 2024. The demand for Medical Waste Management has been exhibiting impressive growth on a global basis, the major reasons for which include expansion in healthcare services across the globe, surge in medical waste generation, increasing awareness on eco-friendly medical waste management, growing governmental initiatives for medical waste disposal to combat the issue sustainably and advancement in technology for maintaining safety at the source itself. In terms of medical waste generation, Hospitals are obviously the major contributors, because of the sheer volume of out- and in-patients. The number of medical procedures carried out in hospitals has been growing exponentially, resulting...