Posts

In Vitro Diagnostics (IVD) Market Opportunities: Capitalizing on Emerging Technologies

The global In Vitro diagnostics market size is expected to reach USD 101.58 billion by 2030, and is projected to grow at a CAGR of 4.4% from 2024 to 2030, according to a new report by Grand View Research, Inc. The growing automation in IVD systems has led to an increase in their efficiency, accuracy, and error-free diagnoses. Therefore, there has been an increasing adoption of automated IVD systems by laboratories and hospitals on a large scale. This is a primary factor which has led to its market growth. In addition, several key players are innovating and launching new products, leading to market growth. The growth in the prevalence of chronic and infectious diseases has led to the increasing demand for in vitro diagnostics. Post-pandemic, there have been several healthcare initiatives implemented by the government as well as non-government organizations to improve healthcare systems including diagnostic and laboratory tests. These initiatives are proving to be advantageous for the i

U.S. Active Adult (55+) Community Market Sustainability Certifications: Promoting Green Building Practices

  U.S. Active Adult (55+) Community Market Growth & Trends The U.S. active adult (55+) community market size is estimated to reach USD 805.0 billion by 2030, expanding at a CAGR of 4.02% from 2023 to 2030, according to a new report by Grand View Research, Inc. The growing interest of older adults below 65 years of age in a maintenance-free lifestyle, structured activities, socialization, and a sense of community are the major factors driving the market. In addition, retirement not being in the eligibility criteria, and the variety of optional care and support services available at these facilities are the factors boosting the market growth.   Access the U.S. Active Adult (55+) Community Market Size, Share & Trends Analysis Report By Gender (Women, Men), And Segment Forecasts, 2023 - 2030   An increasing population aged between 55 to 64 years is categorized as active adults seeking a social and friendly environment. According to the U.S. Census Bureau, baby boomers aged be

Strategic Insights into the Competitive Dynamics of the Air Purifier Market

 The global air purifier market size is expected to reach USD 25.58 billion by 2030, registering a CAGR of 7.1% from 2024 to 2030, according to a new report by Grand View Research, Inc. The market is primarily driven by increasing air pollution levels, coupled with the outbreak of the COVID-19 pandemic and the rising awareness pertaining to the benefits of air purifiers. Air purifiers assist in eliminating various health hazards caused by poor air quality by removing contaminants, including dust, smoke, and pollen. In addition, these products aid people suffering from asthma, airborne allergies, and other respiratory conditions. Thus, increasing health awareness among consumers is expected to drive the product demand over the forecast period.   Access the Air Purifier Market Size, Share & Trends Analysis Report 2024-2030, published by Grand View Research   Lockdown measures to curb the spread of COVID-19 and the stay-at-home and work-from-home norms have boosted the demand for

Pharmaceutical Packaging Market Automation: Streamlining Production and Packaging Processes

  The pharmaceutical industry is a critical pillar of the global healthcare system and the pharmaceutical packaging market plays an essential role in healthcare supplies. Global healthcare witnessed a pandemic during which robust packaging in pharma products was seen as essential to avoid the spread of contagious diseases. Pharma packaging is vital to ensure the safety, efficacy, and accessibility of these essential medicines. But, while packaging these pharma products sustainable and environmentally friendly packaging materials are necessary to ensure global good.   Access the Pharmaceutical Packaging Market Size, Share & Trends Analysis Report 2024-2030, published by Grand View Research   Grand View Research projected the global pharmaceutical packaging market size at USD 139.37 billion in 2023 and expects it to grow at a 9.7% CAGR from 2024 to 2030. This growth is fueled by a diverse range of packaging materials, products, and drug delivery modes that cater to the pharmac

Antimicrobial Additives: Elevating Product Protection and Enhancing Consumer Confidence

  Antimicrobial additives have emerged as a crucial technology in consumer products and industrial applications. These additives are designed to inhibit the growth of microorganisms on various surfaces, thereby enhancing product longevity, hygiene standards, and overall safety. As the demand for antimicrobial protection continues to rise across sectors such as healthcare, packaging, textiles, and food processing, the global antimicrobial additives market is experiencing significant growth and evolution. Antimicrobial additives are substances infused into materials during manufacturing to prevent the growth of bacteria, fungi, algae, and other microbes. They work by disrupting the cellular processes of microorganisms, thereby inhibiting their growth and reproduction. Common antimicrobial agents used in these additives include silver ions, copper ions, zinc pyrithione, quaternary ammonium compounds (QACs), and triclosan, among others.   Access the Antimicrobial Additives Market Size,

Personal Care Contract Manufacturing Market Poised to Reach New Heights by 2026

 The global personal care contract manufacturing market size is anticipated to reach USD 37.1 billion by 2030 and is anticipated to expand at a CAGR of 8.5% from 2024 to 2030, according to a new report by Grand View Research, Inc. The shifting focus of significant companies producing personal care products from in-house production to R&D and other promotional activities is projected to boost the contract manufacturing of these products. The growth in online retail, coupled with expanding presence of international brands through the advent of multinational companies globally, is anticipated to have a positive impact on the personal care market growth over the forecast period. Increasing innovation activities by various market players resulting in new product development are expected to boost market growth.   Access the Personal Care Contract Manufacturing Market Size, Share & Trends Analysis Report 2024-2030, published by Grand View Research   Rapid growth of the personal

Endoscopes Market Continues to Evolve, Offering Enhanced Accuracy and Improved Patient Outcomes

 The global endoscopes market size is expected to reach USD 37.1 billion by 2030, registering a CAGR of 8.9% from 2024 to 2030, according to a new report by Grand View Research, Inc. Growing awareness levelsabout minimally invasive surgical procedures and the increasing prevalence of chronic disorders are the major factors accelerating the market growth. The benefits, such as less surgery-related blood loss, no muscle cutting, and quicker recovery, offered by minimally invasive surgeries boost the adoption of endoscopic procedures over traditional/open invasive surgeries. In addition, advancement in endoscopic technology and rapid increase of its application to diagnose and treat various diseases are other key factors anticipated to propel the market growth over the forecast years. The flexible endoscopes product segment dominated the market in 2023. This is attributed to the high demand for these devices considering their unique features, such as the ability to reach viscera and cav