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

The latest version of the report from Industry Experts, Inc., on Sleeping Aids Market estimates that demand for the same is estimated at US$85.5 billion in 2024 and is likely to maintain a 2024-2030 CAGR of 6.9% in reaching a projected US$128.8 billion by 2030. The global sleeping aids market is experiencing steady growth, driven by the rising incidence of sleep disorders such as insomnia, sleep apnea, and restless leg syndrome. Increasing awareness of the significance of quality sleep for overall well-being, along with lifestyle-related stress, anxiety, and irregular routines, has resulted in increased demand for both pharmaceutical and non-pharmaceutical sleep solutions. The growing aging population and rising obesity rates, which both contribute to chronic sleep issues, further enhance the market’s progress. The mattresses & pillows segment dominates the sleeping aids market in 2024, accounting for 42.7% of the market share, owing to their essential role in delive...

Industry Experts, Inc. published the latest version its report on " Biometrics Market ". According to the analysts at Industry Experts, the global Biometrics market is estimated at US$43.9 billion in 2024 and projected to post a CAGR of 14.7% between 2024 and 2030 to reach US$100 billion in 2030. The global biometrics industry is witnessing robust growth driven by a rising need for secure and efficient authentication in the government, BFSI (Banking, Financial Services & Insurance), security, and consumer electronics sectors. Innovations in artificial intelligence (AI), integration with the Internet of Things (IoT), and the shift towards contactless and digital identity verification are propelling this adoption. Biometric technologies including fingerprint scanning, facial recognition, iris recognition, and voice authentication, are increasingly popular for their potential to improve security and user experience. The widespread adoption of mobile devices, sm...

The latest version of the report from Industry Experts, Inc., on " Renal Dialysis Equipment Market ," is released. According to this global market research report, the Renal Dialysis Equipment market size is estimated at US$20 billion in 2024 and is projected to reach US$28 billion by 2030 at a CAGR of 5.5% between the two years. The Renal Dialysis Equipment market growth is propelled by the increasing incidence of chronic kidney disease (CKD) and end-stage renal disease (ESRD), primarily caused by diabetes, hypertension, and aging populations. Unhealthy lifestyles and increased obesity rates further contribute to the rise in kidney-related disorders, increasing demand for essential dialysis treatments. Technological advancements, such as portable and home-based dialysis machines, improve patient comfort, reduce hospital visits, and lower infection risks. The shift towards home dialysis provides flexibility, leads to better treatment results, and enhances the qua...

The latest version of the report from Industry Experts Inc, on " Advanced Drug Delivery Systems (ADDS) Market ," is introduced. According to this global market research report, estimated at US$277 billion in 2024, the global ADDS market size is projected to reach above US$395 billion by 2030, growing at a CAGR of 6.1% between 2024 and 2030. The Advanced Drug Delivery Systems (ADDS) market is growing significantly due to the increasing incidence of chronic diseases, technological advancements, and the rising demand for personalized medicine. ADDS enhance drug release, boost bioavailability, and facilitate targeted delivery, leading to improved therapeutic results while reducing side effects. The role of nanotechnology is crucial, as nanoparticles allow for accurate drug delivery for illnesses such as cancer and cardiovascular and neurological disorders. Biologics and gene therapies create new treatment options using viral vectors and lipid nanoparticles, particula...

A new report from Industry Experts Inc, on " Orthopedic Implants Market ," reveals that the global orthopedic implants market size is estimated at US$25.3 million in 2024 and is expected to record a CAGR of 4.2% during the 2024-2030 analysis period and stand at a projected US$32.4 million by 2030. The orthopedic implants market is experiencing significant growth, driven by the increasing global geriatric population, which is contributing to a rise in orthopedic conditions like osteoarthritis, osteoporosis, and musculoskeletal disorders. As the aging population in developed regions expands, the demand for joint replacement surgeries, particularly for hips, knees, and shoulders, is increasing. Additionally, the growing preference for minimally invasive surgeries, which offer shorter recovery times and fewer complications, is further fueling market expansion. The Reconstructive Joint Implants segment is the largest market in orthopedic implants, capturing a 46.9% s...

Industry Experts, Inc. introduced the latest version of its latest report on Gas Detection Equipment Market . As per this report, the market size for gas detection equipment is estimated at US$5 billion in 2024 and projected to reach US$8 billion by 2030 at a 2024-2030 CAGR of 8.7%. Some of the factors instrumental in driving demand for Gas Detection Equipment include strict policies regarding workplace and residential safety, growth in awareness concerning occupational health hazards and innovation in device technology. The imposition of stringent standards by a number of global regulatory agencies for maintaining air quality and safety in workplaces, especially in sectors dealing with flammable and toxic substances, has necessitated using advanced gas detection systems. To take this forward, the use of innovative technologies, such as enhanced sensor technologies and wireless & IoT-enabled devices, have revolutionized the functioning of gas detection equipment and e...

Industry Experts, Inc., published the latest version of its report on Mining Equipment Market . This new global market research report reveals that the demand for mining equipment is estimated at US$154 billion in 2024 and projected to reach US$230 billion by 2030 at a 2024-2030 CAGR of 6.9%. Some of the factors instrumental in driving demand for Mining Equipment include emerging economies engaging in increasing mining operations, technological developments and a growing global need for metals and minerals, apart from coal. The problem in accessing resource deposits and decline in ore grades has led to a rise in the demand for high-performance, specialized mining equipment, which can overcome these challenges. Aging machinery needs to be replaced with more efficient and eco-friendly equipment, further contributing to market demand. Automation and remote monitoring are being increasingly adopted for mining, owing to which advanced equipment is much sought after. The major ...

The latest version of the report from Industry Experts Inc, on " Radiopharmaceuticals market ," is released. According to this market research report, the global Radiopharmaceuticals market size is estimated at US$6.8 billion in 2024 and projected to post a CAGR of 10.3% between 2024 and 2030 to reach US$12.2 billion in 2030. The radiopharmaceuticals market is witnessing significant growth, fueled by an increase in the prevalence of cancer and cardiovascular diseases, advancements in imaging technology, and a transition toward personalized medicine. These substances enable accurate diagnoses and targeted treatments, minimizing damage to healthy tissues. Support from government entities, increased investment in research and development, and favorable regulatory approvals are driving innovation and helping resolve supply chain challenges associated with short-lived radioisotopes. North America leads the global radiopharmaceuticals market with an estimated 42.6% ...

The latest version of the report from Industry Experts Inc, on “ Influenza Market ,” is unveiled. According to this new market research report, the global Influenza market size is estimated at US$9.6 billion in 2024 and expected to register a CAGR of 4.5% between 2024 and 2030 to reach US$12.4 billion in 2030. The influenza market is driven by global health initiatives, seasonal outbreaks of flu, and the need for preventive healthcare, leading to a steady demand for vaccines and antiviral treatments. Government immunization programs, increasing awareness, and ongoing R&D investments in vaccine innovation and pandemic preparedness are major market growth factors. Advancements in vaccine technology, such as recombinant and cell-based formulations, have improved the effectiveness and availability of vaccine agents. In 2024, the oseltamivir phosphate segment led the market with a 47.4% share thanks to its strong effectiveness, broad activity against influenza A & B,...

A new report by Industry Experts, Inc. on " Bioinformatics Market " is published. The global Bioinformatics market size is estimated at US$15.1 billion in 2024 and is projected to grow to US$32.8 billion by 2030, with a CAGR of 13.8% during the forecast period 2024-2030. The bioinformatics market is driven by advancements in next-generation sequencing (NGS), artificial intelligence (AI), and big data analytics, enhancing data processing capabilities and storage. The increasing focus on precision medicine is driving the demand for bioinformatics in clinical research and drug development. A rise in public and private funding is fueling advancements in genomics research, biomarker identification, and personalized therapy. Pharmaceutical and biotechnology companies integrate bioinformatics to improve drug development processes and optimize clinical trials. Applications in agriculture and environmental sciences, such as crop genome editing and biodiversity monitori...

The latest version of the report from Industry Experts, Inc., on " Metabolomics Market ", is published. As per this report, the global market for Metabolomics is estimated at US$3.1 billion in 2024 and is projected to reach US$6.3 billion by 2030, growing at a CAGR of 12.6%. Metabolomics market is witnessing rapid growth, fueled by significant funding from government and private sectors in research and development, alongside ongoing technological progress in analytical methods such as mass spectrometry (MS) and nuclear magnetic resonance (NMR) spectroscopy. The rising incidence of chronic illnesses, such as cancer, diabetes, cardiovascular, and neurological disorders, is driving demand for metabolomics. Metabolomics plays a crucial role in biomarker identification, enabling early disease detection and facilitating personalized treatment approaches. The efficacy biomarkers segment is anticipated to witness the fastest growth rate with a CAGR of 14.9% from 2024 to ...

Industry Experts, Inc., published its latest version of the report on the Geosynthetics Market . The new report reveals that the demand for Geosynthetics is estimated at US$17.7 billion in 2024 and projected to reach US$27.6 billion by 2030 at a CAGR of 7.7% between the two years. Some of the factors instrumental in driving demand for Geosynthetics include infrastructure development in emerging economies, rapid urbanization and government investments in transportation, housing & energy, need to comply with stricter policies on waste management, water conservation & erosion control in the areas of landfill containment & protection of water resources and lower construction costs & extended lifetime of structures. Asia-Pacific stands out as the leading global market size for Geosynthetics , estimated to account for a share of 44.8% in 2024, and is also likely to emerge as the fastest growing at a forecast CAGR of 9% during 2024-2030. Massive investments in tran...

Industry Experts, Inc., released its latest version of the report on Mining Chemicals Market . According to this new global market research report, demand for mining chemicals is estimated at US$11.8 billion in 2024 and projected to reach US$16.5 billion by 2030 at a 2024-2030 CAGR of 5.8%. Some of the factors instrumental in driving demand for Mining Chemicals include growing demand for metals & minerals, expansion of mining activities, especially in emerging economies, technological innovations in mining techniques, such as hydrometallurgy and bioleaching, environmental regulations & sustainability initiatives, fluctuations in commodity prices, urbanization & infrastructure development and energy transition & a shift to electric vehicles. With an estimated 2024 share of 23.6%, Grinding Aids form the largest category within the overall Mining Chemicals market. These chemicals primarily find application in enhancing the efficiency of the grinding process ...

Industry Experts, Inc. introduced the new market research report entitled " Global Application Management Services (AMS) Market – Service Types, Deployment Types, Company Types and Industry Sectors ". According this report, the global market for AMS is estimated at US$40.6 billion and forecast to be US$48 billion in 2025 and further projected to grow by a CAGR of 18% between 2024 and 2030 to reach US$113.4 billion by 2030. North America dominates the global market with a share of 30% in 2024 while Asia-Pacific is anticipated to grow robustly with a CAGR of ~22% during the same period to surpass North America in 2026 and become the largest market and will attain a share of 33% by 2030. The demand for Application Management Services (AMS) is being driven by a number of factors, which are making businesses restructure their techniques of application management. With more and more companies migrating their applications to the cloud because of scalability, flexibilit...

Industry Experts, Inc. released its latest version of the report on " Carbon Fibers & Carbon Fiber Reinforced Plastics (CFRP) ", which projects the demand for carbon fiber to reach $8.5 billion (274K metric tons) by 2030, from an estimated $4.4 billion in 2024 at a CAGR of 11.6% between the two years. Carbon fiber reinforced plastics market was estimated at US$28 billion in 2024 and expected to grow by a CAGR of 11.4% during the same analysis period and reach US$54 billion by 2030. The lightweight properties of Carbon Fibers play a pivotal role in reducing carbon dioxide (CO2) emissions across the lifecycle of products, addressing critical global environmental challenges. This advantage has driven their growing adoption in key industries, including wind energy, aerospace, automotive, and pressure vessels. The Carbon Fibers & Carbon Fiber Reinforced Plastics (CFRP) market faced a significant downturn in 2020 due to the COVID-19 pandemic, which disrupted maj...

Industry Experts, Inc., has released its latest report on Glass Wool or Fiberglass Insulation . According this new report, global value demand for glass wool/fiberglass insulation is projected to rise at a CAGR of 3.4% between 2024 and 2030 reaching US$12.4 billion by 2030 from an estimated US$10.2 billion in 2024. In volume terms, consumption of glass wool/fiberglass insulation worldwide is forecast to grow at a CAGR of 3% over the outlook period to reach 6.4 million metric tons by 2030. The global fiberglass (glass wool) insulation industry experienced significant volatility between 2019 and 2024, driven by fluctuations in demand due to the COVID-19 pandemic, geopolitical tensions, supply chain disruptions, and high inflation rates. After a sharp decline in 2020 as the pandemic unfolded, the market rebounded in 2021 with the easing of restrictions and a surge in construction and industrial activity. Increased home improvement efforts and pent-up demand for appliances li...

A new report from Industry Experts, Inc. on " Molecular Diagnostics Market " is introduced. According the report, the market is poised for a robust expansion over the 2024-2030 forecast period, with a projected CAGR of 10% in value. The market is expected to reach about US$32 billion by 2030, up from an estimated US$18 billion in 2024. The molecular diagnostics market is growing rapidly, driven by a growing need for faster and more accurate disease detection. With the increasing number of infectious diseases like HIV, tuberculosis, and respiratory infections, healthcare providers rely on molecular tests to quickly identify pathogens and guide treatment. Cancer diagnostics is another major driver, as these tests help detect genetic mutations like BRCA1/2, EGFR, and KRAS, allowing doctors to create personalized treatment plans. Progress in PCR, Next-Generation Sequencing (NGS), and DNA Microarrays made testing more accurate, inexpensive, and widely available. Gove...

Industry Experts, Inc. has released its latest report on Radio Frequency Identification (RFID) Technology Market , estimating its demand at US$18.6 billion in 2024 and projecting it to reach US$40.6 billion by 2030, with a CAGR of 13.9% during the period 2024-2030. Some of the factors instrumental in driving demand for RFID Technology include integration of this technology with the Internet of Things (IoT) and Industry 4.0 initiatives and the wide deployment of RFID-enabled tags and devices across a range of industries to collect real-time data and create a smart, connected ecosystem, offering enhanced visibility, automation and decision-making and an increase in regulatory requirements for product traceability, safety and security in sectors, such as healthcare, pharmaceuticals, food & beverage and aerospace. Worldwide, the Retail sector is the leading end-user of RFID technology, since this technology has proved invaluable in allowing retailers to gain enhanced visi...

Industry Experts, Inc. has released its latest report on Automotive Electronics Market . As per this new report, the demand for automotive electronics is estimated at US$300.1 billion in 2024 and projected to reach US$494.9 billion by 2030 at a 2024-2030 CAGR of 8.7%. Some of the factors instrumental in driving demand for Automotive Electronics include a growing consumer need for safety and convenience, increase in the production & sales of electric & autonomous vehicles and regulations aimed at minimizing emissions and improving safety. Key among these is consumer demand for advanced safety and convenience features, with vehicles equipped with ADAS, infotainment systems and connectivity features being much sought after. Providing a safe driving experience has become the hallmark of modern vehicles that are now equipped with systems to detect and prevent collisions, such as automatic emergency braking, lane-keeping assist and adaptive headlights. The global Automo...

Industry Experts, Inc., has released its latest report on Canned Food Market , with demand for the same being estimated at US$116.3 billion in 2024 and projected to reach US$154.4 billion by 2030 at a 2024-2030 CAGR of 4.8%. Some of the factors instrumental in driving demand for Canned Food include urbanization & busy lifestyles, growth in consumer awareness regarding health benefits of these foods and advancements in canning technology & product innovation. A shift towards urban areas and longer & irregular working hours are reinforcing the convenience factor, owing to which the market for ready-to-eat food options has been growing. Canned foods are an ideal alternative for consuming a quick, easy and nutritious meal with minimal or zero preparation time. Working professionals, students and people with hectic schedules especially benefited with canned food options. In addition, foods in cans offer extended shelf life, thereby reducing the frequency of visiting...

A new report by Industry Experts, Inc. on " Medical Nutrition Market " is released. The global Medical Nutrition market size is estimated at US$59.7 billion in 2024 and is projected to grow to US$89.6 billion by 2030, with a CAGR of 7% during the forecast period 2024-2030. The global medical nutrition market is fueled by several significant factors. An increase in the prevalence of chronic diseases, including diabetes, cardiovascular diseases, and cancer, is driving the demand for specialized medical nutrition aimed at managing and preventing these conditions. The acknowledgment by healthcare professionals of nutrition's significance in disease management and prevention is resulting in increased nutritional interventions in clinical settings. Furthermore, innovations in technology, such as nutrigenomics and wearable health devices, are empowering individuals to adopt personalized nutrition solutions. North America maintains a significant presence in the globa...

A new report from Industry Experts, Inc. on " Astaxanthin Market " is published. According to the report, the market is poised for a robust expansion over the 2024-2030 forecast period, with a projected CAGR of 7.3% in value. The market is expected to reach over US$820 million by 2030, up from an estimated market size of US$537million in 2024. Astaxanthin is a potent antioxidant, boasting 550 times the strength of vitamin E and 6,000 times than that of vitamin C. Its exceptional antioxidant properties have been shown to benefit various health conditions, including inflammation, diabetes, cardiovascular issues, vision problems, and central nervous system disorders. The market experienced a notable decline in 2020 due to reduced consumer demand during COVID-19-related restrictions, followed by a dip in 2022 linked to decreased farmed salmon production impacting aquafeed demand. In 2023, inflationary pressures further curbed algae-based astaxanthin demand, as consum...