Latest Market Research Reports

Plastics in Consumer Electronics Industry Overview The global plastics in consumer electronics market size was valued at USD 5.50 billion in 2020 and is expected to grow at a compound annual growth rate (CAGR) of 3.8% from 2021 to 2028. Factors, such as increasing demand from smartphone & wearable manufacturers and growing demand for laptops and tablets, are anticipated to fuel the market growth. Plastics are widely  utilized in the  manufacturing of  consumer electronics  including components, such as TV frames, laptop monitor enclosures, LCD panels, portable hand-held devices, wearables, mobile phone bodies, appliances & white goods, and others due to their properties, such as flexibility, durability, and chemical & heat resistance. Hence  plastics , such as PC, PC/ABS, TPE, and PA, have a high demand from manufacturers of consumer electronics.  Gather more insights about the market drivers, restrains and growth of the   Glob...

Surgical Drapes Industry Overview The global surgical drapes market size was valued at USD 1.24 billion in 2020 and is expected to expand at a compound annual growth rate (CAGR) of 3.18% from 2021 to 2028. The rising number of surgical procedures and the increasing prevalence of chronic diseases are among the key factors driving the market. Moreover, the growing demand for the protection of patients and healthcare staff and a surge in the prevalence of surgical site and hospital-acquired infections are further escalating the market growth. Surgical drapes offer a physical barrier and protect the surgical field from contamination. A rise in the number of surgeries will lead to a surge in demand for surgical drapes. For instance, as per the American Society of Plastic Surgeons (ASPS), in 2018, in the U.S., around 17.7 million surgeries and minimally-invasive cosmetic surgeries were performed. Similarly, as per Molnlycke Health Care AB, around 70 million surgical procedures are performe...

Vitrectomy Devices Industry Overview The global vitrectomy devices market size was valued at USD 1,036.9 million in 2020 and is expected to expand at a compound annual growth rate (CAGR) of 6.2% from 2021 to 2028.  Vitrectomy helps in clearing out the blood from vitreous humor and in preventing traction retinal detachment. This, in turn, smoothens the process of other ophthalmic surgeries and avoids further detachment of the retina during the same. Additionally, vitrectomy also helps in restoring vision loss caused due to bleeding of the vitreous humor. The growing prevalence of retinal disease and the factors causing the disease are expected to drive the market growth during the forecast period. Diabetes has a negative impact on eye health, leading to vision loss by impacting the blood vessels of the retina. As per National Eye Institute, in 2018, around 7.7 million Americans had diabetic retinopathy. This number is expected to increase and reach 11.3 million by 2030, thus, exp...

Microneedle Drug Delivery Systems Industry Overview The global microneedle drug delivery systems market size was valued at USD 5.57 billion in 2020 and is expected to expand at a compound annual growth rate (CAGR) of 5.3% from 2021 to 2028.  There is a growing demand for microneedle drug delivery systems owing to the availability of safer alternatives to the conventional hypodermic injection, which is minimally invasive and enables pain-free administration. The current global scenario, where the COVID-19 vaccine is in high demand, is expected to offer growth opportunities for microneedles. In addition, the increasing cases of diabetes are expected to boost the market growth.  For instance, as per the WHO, diabetes affected around 422 million individuals worldwide in 2014 from 108 million in 1980. Microneedle drug delivery systems are more beneficial than conventional hypodermal injections because of advantages such as the quicker onset of action, increased permeability and ...

Shingles Vaccine Industry Overview The global shingles vaccine market size was valued at 2.99 billion in 2020 and is expected to expand at a compound annual growth rate (CAGR) of 9.9% from 2021 to 2028. The increased risk of developing shingles, especially in adults aged 60 and above, and improvement in healthcare policies in developed countries are factors expected to fuel the market growth. According to the CDC estimates, around one out of three individuals in the U.S. will develop shingles in their lifetime. Vaccination is recommended in major countries such as the U.S. Canada, the U.K., Italy, Germany, Australia, New Zealand, and South Korea. In March 2021, the CDC released guidelines related to shingles vaccination during the COVID-19 pandemic and designated it as an essential preventive care service. The shift towards novel  recombinant vaccines,  coupled with their high prices, is anticipated to propel market growth over the forecast period. Moreover, the U.S. Adviso...

U.S. Restaurant Point Of Sale Solution Industry Overview The U.S. restaurant point of sale solution market size was valued at USD 3.42 billion in 2020 and is expected to expand at a compound annual growth rate (CAGR) of 3.9% from 2021 to 2028.  The demand for POS solutions in the U.S. can be attributed to the move toward a cashless economy and the rising adoption of technologies in businesses. The increased adoption of cashless transactions in the U.S.in recent years has helped drive the adoption of point of sale (POS) solutions, with the COVID-19 pandemic further boosting the move toward contactless payments. The pandemic has also favored the growth of the restaurant POS solution market by fueling the demand for payment wallets and budget-friendly mPOS terminals. Gather more insights about the market drivers, restrains and growth of the   U.S. Restaurant Point Of Sale Solution Market The restaurant industry in the U.S. has grown to cater to the increasing population with ...