Latest Market Research Reports

Personal Protective Equipment Industry Overview The global personal protective equipment market size was valued at USD 77.36 billion in 2020 and is expected to grow at a compound annual growth rate (CAGR) of 7.3% from 2020 to 2028.  Increasing awareness regarding hygiene to avoid transmission of pathogens in healthcare facilities is expected to drive the demand for personal protective equipment (PPE) over the forecast period. Various countries implemented strict acts due to the Covid-19, such as the Families First Coronavirus Response Act by the U.S. for protecting public health workers, establishing free testing, providing paid leaves, and important benefits to children and families, in 2020 to curb the spread. Increasing domestic production coupled with restraints on the product imports and exports surged the PPE demand in 2020. Gather more insights about the market drivers, restrains and growth of the Global Personal Protective Equipment Market The stringent regulations imp...

3D Cell Culture Industry Overview The global 3D cell culture market size was valued at USD 1.5 billion in 2020 and is expected to grow at a compound annual growth rate (CAGR) of 10.7% during the forecast period.  As 3D cultures can closely mimic a typical morphology and microarchitecture of organs, they are widely used in studies that require in vivo model systems to analyze the effects of a foreign drug over body tissues and organs. Moreover, biomimetic tissue constructs used to generate 3D organotypic structures drove a large number of research entities to adopt 3-dimensional cell culture techniques. In addition, the usage of 3D tissue-engineered models for Covid-19, cancer, and other clinical disorders has emerged as an alternative approach to traditional techniques. This also shows great potential in providing a relatively simple and inexpensive in vitro tumor-host environment compared to 2D techniques. Gather more insights about the market drivers, restrains and growth of t...

Water Dispenser Industry Overview The global water dispenser market size was valued at USD 1.95 billion in 2018. The market is estimated to expand further at a CAGR of 7.6% from 2019 to 2025. Some of the factors driving the product demand include portability, easy usage and installation process, and minimal maintenance costs. Drinking water scarcity in several regions requires robust sources to meet the rising demand for safe drinking water leading to increased product sales, thereby augmenting the market growth. Rising awareness regarding the availability of energy-efficient products has also increased industry growth. For instance, in 2017, Q&C water coolers introduced an energy-efficient dispenser with smart hot and cold type, which provides 95% energy efficiency. Moreover, initiatives undertaken by various governments have led to growth in the market. Gather more insights about the market drivers, restrains and growth of the Global Water Dispenser Market Promotional campai...

Ambulatory Surgery Center Industry Overview The global ambulatory surgery center market size was valued at USD 75.2 billion in 2018 and is estimated to register a CAGR of 6.1% over the forecast period.  Increasing demand for minimally invasive surgeries, technological developments in surgical devices and equipment, and surgeons’ control over the choice of such equipment are some of the factors responsible for ASC market growth. Rising healthcare costs are a major concern plaguing the industry and with it comes the fact that not many patients can afford the treatment they need, including surgical procedures. This has compelled healthcare providers to come up with new ways to make such services more affordable while also focusing on quality. ASCs have proven to be an effective solution in this scenario. Gather more insights about the market drivers, restrains and growth of the Global Ambulatory Surgery Center Market High hospitalization costs have also translated into dipping pa...

Biotechnology Industry Overview The global biotechnology market size was valued at USD 752.88 billion in 2020 and is expected to expand at a compound annual growth rate (CAGR) of 15.83% from 2021 to 2028.  The market is driven by favorable government initiatives owing to the growth of the biotechnology sector in developing countries, such as India and China. Government initiatives are oriented towards modernizing the drug regulatory pathway, standardizing clinical studies, improving reimbursement policies, and speeding up the product approval process, thereby offering lucrative growth opportunities to the market. In addition, in 2019, small molecules dominated the pharmaceutical compounds pipeline with around 22 U.S. FDA approvals as compared to eight large molecules (biotech). Around 4 out of every 10 drugs are biotech derived, which can be attributed to the growing demand for orphan drugs and personalized medicine. This is driving the influx of emerging and innovative biotechno...

Polylactic Acid Industry Overview The global polylactic acid market size was valued at USD 566.74 million in 2021 and is expected to advance at a compound annual growth rate (CAGR) of over 26.6% from 2022 to 2030.  Growing demand for the product is mainly driven by the end-use industries such as agriculture, transport, textile, and packaging. Compared to conventional plastics, low carbon emission producing polylactic acid is significantly boosting the demand for the product globally. Rising demand for flexible packaging is fuelling the growth of the packaging industry globally. The increasing need for packaged foods, snacks, and ready-to-eat meals, among others, is substantially propelling the growth of the packaging industry. Thus, the growing packaging industry is further anticipated to create requirements for PLA during the forecast period. Gather more insights about the market drivers, restrains and growth of the Global Polylactic Acid Market Amid the global COVID-19 ...