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Exactitude Consultancy Latest Published Pharmaceutical Intermediate Market Research Report 2022 by Type (GMP, and Non GMP), Application (Antibiotics, Antipyretic, Analgesics, Vitamins, and Others), and by Region, Global Trends and Forecast from 2023 to 2026
The Global Pharmaceutical Intermediates Market is expected to grow at more than 7.3% CAGR from 2023 to 2026. It is expected to reach above USD 73 billion by 2026 from a little above USD 48 billion in 2022.
On the basis of Type, Pharmaceutical Intermediates is segmented in terms of GMP and Non GMP. GMP products are manufactured in the controlled atmosphere according to quality standards prescribed b according to quality standards prescribed by the international institutions. Major risks include unexpected product expectation which can result in adverse health condition and not following guidelines for packaging. Whereas Non GMP practices are adopted for pre-clinical and toxicological studies in order to assess the technical feasibility and formulation and further scale up to clinical and commercial manufacturing
On the basis of application, the global Pharmaceutical Intermediates market is segmented into antibiotic, vitamins, antipyretic analgesics, and others. Antibiotics are used to fight bacterial infections and variety of antibiotics are available depending on their range of applications. The market for antipyretic analgesics is growing with increase in geriatric population who is suffering from arthritis, toothache and other disorders. Similarly, vitamins demand also increasing with rising awareness of healthy dietary practices. Other application of pharmaceutical intermediates includes in cardiovascular drugs, oncology drugs, neurological drugs etc.
Few of the important market players include Lonza, Catalent, Patheon N.V, Jubilant Ingrevia, Ganesh Chemical, Chemcon, BASF, Lianhetech, ABA Chem, Porton, Jiansu Jiu Technology, and Tianma among others
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Exactitude Consultancy Latest Published Medical Composites Market Research Report 2022 by Fiber Type (Carbon and Ceramic), by Application (Diagnostic Imaging, Composite Body Implants, Surgical Instruments, And Dental) And by Region, Global Trends and Forecast From 2019 To 2028
Sodium polyacrylate segment is expected to propelled by its ability to absorb as much as 500 times its mass of water. This segment is extensively used in baby diapers and adult incontinence products. This aspect will boost the growth of sodium polyacrylate segment for Global Mediacal Composites Market.
There is high demand for polyacrylamide coupled with its rising adoption in water treatment, paper-making processes and increased expenditure by manufacturers for launch of the new products are projected to enhance the growth of polyacrylamide segment in near future
The global medical composites market is expected to grow at 10.3 % CAGR from 2019 to 2028. It is expected to reach above USD 1452 million by 2028 from USD 789.5 million in 2019.
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Exactitude Consultancy Latest Published Point-of-Care Diagnostics Market Research Report 2022 by product (Glucose Monitoring Products, Cardiometabolic Monitoring Products), by platform (Lateral Flow Assays, Dipsticks), by mode of purchase (Prescription-based Products, OTC Products), by end user (Clinical Laboratories and Outpatient, Healthcare & Ambulatory Care Settings) and by Region, Global trends and forecast from 2023 to 2028
The global Point-Of-Care Diagnostics Market is expected to grow at 11.40% CAGR from 2023 to 2028. It is expected to reach above USD 69.9 billion by 2028 from USD 26.4 billion in 2022.
On the basis of product, point-of-care diagnostics market is sub-segmented into glucose monitoring products, cardiometabolic monitoring products, infectious disease testing products, coagulation monitoring products, pregnancy & fertility testing products, tumor/cancer marker testing products, urinalysis testing products, cholesterol testing products, hematology testing products, drugs-of-abuse testing products, fecal occult testing products, and other poc products. The glucose monitoring products segment accounted for the largest market share in the point-of-care diagnostics market. Factors like the growing popularity of wearable or portable glucose meters due to their speed, easy operation, and less cost, increasing number of POC glucose monitoring devices, coupled with the growing prevalence of diabetes, is expected to drive the growth of the POC diagnostics market for glucose monitoring products in the coming years.
On the basis of platform, point-of-care diagnostics market is categorized into lateral flow assays, dipsticks, microfluidics, molecular diagnostics, and immunoassays. The lateral flow assays segment accounted for the largest market share in the point-of-care diagnostics market. Factors driving the growth of the segment include the increasing adoption of lateral flow assays in POC testing as a replacement for lengthy, conventional laboratory procedures.
On the basis of mode of purchase, point-of-care diagnostics is sub-segmented into prescription-based products, OTC products. The OTC products segment accounted for the largest market share in the point-of-care diagnostics. Factor primarily driving the growth of the segment include the increasing adoption of OTC devices across the globe.
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Exactitude Consultancy Latest Published Physiotherapy Equipment Market Research Report 2022 by product (Equipment, Accessories), by type (Musculoskeletal, Neurological, Cardiovascular and Pulmonary, Pediatric, Gynecological, Others), by end user (Physiotherapy Clinics, Rehabilitation Centers, Hospitals, Other End Users) and by Region, Global trends and forecast from 2023 to 2028
The Global Physiotherapy Equipment Market is expected to grow at 5.7% CAGR from 2023 to 2028. It is expected to reach above USD 24.63 billion by 2028 from USD 15.35 billion in 2022.
Global physiotherapy equipment market is segmented by product into liquid, sprays, and equipment and accessories. Electrotherapy equipment, ultrasound equipment, exercise therapy equipment, cryotherapy equipment, combination therapy equipment, continuous passive motion (cpm) therapy equipment, shockwave therapy equipment, laser therapy equipment, traction therapy equipment, magnetic therapy equipment these are the number of equipment which comes under physiotherapy equipment.
The electric stimulation segment is expected to register substantial growth over the upcoming years.
Electric stimulation is a kind of medical therapy which useful to enhance the muscles functionality as well as helps to increase the blood circulation. This therapy is used to treat the rehabilitating neurological disorders patients such as cerebral palsy, Parkinson’s disease, stroke and multiple sclerosis. Electric stimulation is categorized by type into Russian stimulation, high voltage stimulation transcutaneous electrical nerve stimulation (tens), inferential current (IFC) and neuromuscular electrical stimulation. The electric stimulation segment growth is driven by the factor like increasing prevalence of rehabilitating neurological disorders.
Equipment segment is gradually gaining traction over the coming years. Furthermore, accessories segment is also estimated to witness the significant growth rather than equipment and kit segments in near future. Owing to increase in prices equipment segment as the leading contributor in the global physiotherapy device market. Additionally, surging concern regarding accessories into non-medical professionals will have a positive impact on the global physiotherapy device market growth.
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Exactitude Consultancy Latest Published Green And Bio Polyols Market Research Report 2021 by Technology Type (Polyether Polyols, Polyester Polyols, Others), Application (Foams, Coatings, Adhesives, Sealants, Elastomers, Others), End User (Automotive, Building and Construction, Furniture, Packaging, Others) And by Region, Global Trends and Forecast from 2016 To 2025.
Green and bio polyols are alcoholic solutions made from recycled polyethylene terephthalate (PET) and polyurethanes that are environmentally beneficial. Green and bio polyols are bio-based polyols of excellent quality that are employed in a variety of applications.
Green and bio polyols Market is expected to grow at more than 8.8% CAGR from 2016 to 2025.
By material type, Green and Bio polyols can be segmented as polyether polyols, polyester polyols, others. About 80% of the polyol types utilized in polyurethane, polyurea, and polyisocyanurate applications are polyether polyols. Flexible foams are the largest polyether polyol market, with polypropylene glycol-based polyols dominating.
Polyesters have greater physical characteristics, cut, tear, and wear resistance, and better sliding abrasion and flex fatigue resistance than polyether polyols in polyurethane elastomers. They’re tough and long-lasting. Oil, grease, gasoline, and nonpolar solvents are all resistant to polyester polyols in a polyurethane.
Applications of Green and bio polyols are foams, coatings, adhesives, sealants, elastomers, others. Flexible bio-foams have become popular in a variety of household products, including beds and furniture, in addition to packing and transportation. Bio-foams are substances made up of natural and biodegradable materials that offer an innovative alternative to replace conventionally chemically created items.
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Exactitude Consultancy Latest Published Catheters Market Research Report 2022 by Product Type [Cardiovascular Catheters (Angiography catheters, IVUS/OCT catheters, Guiding catheters), Urological Catheters (Urinary Catheters), Indwelling/Foley Catheters, Intermittent Catheters, External Catheters (Dialysis Catheters), Hemodialysis catheters, Peritoneal dialysis catheters, Intravenous Catheters, Peripherally inserted central catheters, Non-tunneled central catheters, Skin-tunneled central catheters, Implantable ports, Neurovascular Catheters, Specialty Catheters, End-user [(Hospital & clinics, Specialty centers, Ambulatory surgical centers (ASCs)], and by Region, Global Trends and Forecast from 2019 to 2028
On the basis of product type, the market is segmented into Cardiovascular Catheters, Urological Catheters, Indwelling/Foley Catheters, Intermittent Catheters, External Catheters, Hemodialysis catheters, Peritoneal dialysis catheters, Intravenous Catheters, Peripherally inserted central catheters, Non-tunneled central catheters, Skin-tunneled central catheters, Implantable ports, Neurovascular Catheters, and Specialty Catheters. The demand of cardiovascular catheters for therapeutic & diagnostic purposes has increased worldwide. The increasing number of angiography and atrial fibrillation cases are propelling demand for catheters worldwide. Recovery time for patients with cardiac catheterization is quick and complications are at minimum risk. Hence, these factors are expected to lead growth of the market in the future.
The Global Catheters Market is expected to grow at more than 8.8% CAGR from 2020 to 2028. It is expected to reach above USD 40.25 billion by 2028 from a little above USD 20.5 billion in 2020.
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Exactitude Consultancy Latest Published Cardiac Monitoring Devices Market By Type (ECG Devices, Implantable Loop Recorders, Mobile Cardiac Telemetry Devices, Cardiac Output Monitoring Devices, Event Monitors, Smart ECG Monitors), Cardiac Rhythm Management Devices Market, by Type (Defibrillators, Pacemakers), by End User (Hospitals & Clinics, Cardiac Centers, Ambulatory Surgery Centers, Other End Users), and by Region, Global Trends and Forecast from 2019 to 2025
On the basis of End User, Cardiac Monitoring & Cardiac Rhythm Management Devices Market is sub-segmented into Hospitals & Clinics, Cardiac Centers, Ambulatory Surgery Centers, Other End Users. The hospitals & clinics segment accounted for the largest share of the Cardiac Monitoring & Cardiac Rhythm Management Devices market in 2019. Factors that will drive the growth of this market include the increasing prevalence of CVDs, the growing number of patient visits to physician offices for diagnosis, an increasing number of cardiac implant procedures, and the availability of reimbursement for these procedures across developed markets.
The Global Cardiac Monitoring & Cardiac Rhythm Management Devices Market is expected to grow at more than 3.6% CAGR from 2020 to 2025. It is expected to reach above USD 27.7 billion by 2025 from a little above USD 23.2 billion in 2020.
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Exactitude Consultancy Latest Published Laparoscopic and Open Hernia Mesh Repair Surgery Market Research Report 2022 by Mesh Fixator (Glue and Tack Applicators), Country (US, Canada, Germany, France, UK, Italy, Spain, Japan, China, and India) – Forecast to 2028
In open hernia repair surgery, a single long incision is made in the groin. Open hernia surgery is different from laparoscopic surgery, an open surgery requires one larger incision instead of several small incisions. In Laparoscopic Repair surgery, three half-inch or smaller incisions are made in the lower part of the abdomen.
Laparoscopic and open hernia mesh repair surgery market is classified on the basis of type of mesh fixator as Tack applicators and glue applicators. In Mesh Fixator type, the main function of fixation device is to keep the mesh in place until tissue ingrowth is completed. In Tack applicators, the tacks used are divided ad absorbable and non-absorbable tacks.
The Laparoscopic and open hernia mesh repair surgery market is expected to grow at 2.3% CAGR from 2021 to 2028. It is expected to reach above USD 3.89 billion by 2028 from USD 3.20 billion in 2020.
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Exactitude Consultancy Latest Published Medical Device Contract Manufacturing Market By device type (IVD Devices, Diagnostic Imaging Devices, Cardiovascular Devices, Drug Delivery Devices, Orthopedic Devices, Ophthalmology Devices, Diabetes Care Devices, Dental Devices, Endoscopy Devices, Respiratory Care Devices, Surgical Devices, Gynecology/Urology Devices, Personal Care, Neurology Devices and Other Devices), by services type (Device Development and Manufacturing Services and Quality Management Services), by Class of Device (Class I Medical Devices, Class II Medical Devices and Class III Medical Devices) and by Region, Global trends and forecast from 2019 to 2028
Global medical devices contract manufacturing market by device type includes IVD Devices, Diagnostic Imaging Devices, Cardiovascular Devices, Drug Delivery Devices, Orthopedic Devices, Ophthalmology Devices, Diabetes Care Devices, Dental Devices, Endoscopy Devices, Respiratory Care Devices, Surgical Devices, Gynecology/Urology Devices, Personal Care, Neurology Devices and Other Devices.
The Global medical device contract manufacturing market is expected to grow at 12.3% CAGR from 2019 to 2028. It is expected to reach above USD 160 billion by 2028 from USD 57 billion in 2019.
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Exactitude Consultancy Latest Published Capnography Equipment Market Research Report 2022 by Product (Capnometers, Accessories), by Technology (Sidestream Capnography, Mainstream Capnography, Microstream Capnography), by Application (Cardiac Care, Trauma and Emergency Care, Respiratory Monitoring, Other Applications), by End User (Hospitals, Ambulatory Surgery Centers, Home Care), and by Region (North America, Europe, Asia Pacific, South America, Middle East and Africa), Global Trends and Forecast from 2019 to 2028
On the basis of Technology, Capnography Equipment Market is sub-segmented into Sidestream Capnography, Mainstream Capnography, Microstream Capnography. The mainstream capnography segment is expected to grow at a higher CAGR during the forecast period. This is because mainstream capnography is widely used in CO2 monitoring applications owing to the various advantages it offers over sidestream capnography, including higher accuracy, faster response time, no loss of samples, and better suitability for neonates and children.
On the basis of Application, Capnography Equipment Market is sub-segmented into Cardiac Care, Trauma and Emergency Care, Respiratory Monitoring, Other Applications. The trauma and emergency care segment is expected to be the fastest-growing application segment in the market owing to the rising awareness of the clinical benefits offered by capnography equipment for the management of trauma cases. The increasing number of road accidents is also expected to support the growth of this application segment during the forecast period.
The Global Capnography Equipment Market is expected to grow at more than 7.8% CAGR from 2020 to 2028. It is expected to reach above USD 930 million by 2028 from a little above USD 550 million in 2021.
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Exactitude Consultancy Latest Published Neurodiagnostics Market Research Report 2022 by Product (Diagnostic & Imaging Systems (MRI, Ultrasound), Clinical Testing (PCR, NGS), Reagents & Consumables), Disease Pathology (Epilepsy, Stroke), End User, and Region, Global trends and forecast from 2019 to 2028
The global neurodiagnostics market is expected to grow at 7.4% CAGR from 2019 to 2028. It is expected to reach above USD 11.6 billion by 2028 from USD 6.1 billion in 2019.
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Nanotechnology in Medical Devices Market Overview
The global nanotechnology in medical devices market size was valued at USD 2.89 billion in 2020, and projected to reach USD 7.26 billion by 2029, with a CAGR of 10.78% from 2021 to 2029.
Nanotechnology in medical devices is a growing field with immense potential. This technology involves the integration of specific atoms, molecules, or compounds into structures in order to create materials and devices with unique properties. Nanorobots can carry out cellular level repairs using this technology. Nanotechnology is being used to create new medical devices such as diagnostics, implantable devices, stents, and catheters. Nanotechnology can be used in a variety of applications, including bioassays, monitoring devices, and imaging devices. Because of the increasing adoption of innovative technological advancement, the potential for the nanotechnology market in medical devices is growing.
Segment Analysis
The market has been segmented by product into implantable medical devices, wound care, dental filling material, and others. Due to the high strength of nanomaterials used in dental fillings, the dental filling material segment is expected to capture a significant revenue share by 2030. The materials improve the bond between dentin and biomaterials, making them more effective than conventional materials.
The nanotechnology in medical devices market is divided into hospitals, clinics, and others based on end-use. As a result of rising admissions and target indications such as oral issues, orthopedic diseases, hearing loss, and expanding disease screening initiatives, the hospitals segment is expected to exceed USD 3.7 billion by 2030. Furthermore, the availability of highly skilled healthcare professionals is driving industry trends.
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Exactitude Consultancy Latest Published Lead Acid Battery Market by Product Type (SLI, Stationary, Motive), Technology (Basic Lead Acid, Advanced Lead Acid), Construction Method (Flooded Lead Acid Battery, Valve Regulated Lead Acid Battery (VRLA)), Sales Channel (Lead Acid Battery in OEM, Lead Acid Battery in Aftermarket), End-User (Utilities, Transportation, Industrial, Commercial & Residential) and Region, Global trends and forecast from 2022 to 2029.
Lead Acid Battery Market Overview
The lead acid battery market is expected to grow at 5.44% CAGR from 2022 to 2029. It is expected to reach above USD 56.10 billion by 2029 from USD 43.45 billion in 2020.
Segment Analysis
Segment of SLI batteries to rule the market since SLI batteries are made for cars and are always installed with the charging system of the vehicle, the battery experiences a continuous cycle of charge and discharge anytime the car is in use. In 2021, the SLI batteries sector accounted for the greatest market share. Due to the global expansion of the automotive industry, its share is predicted to increase during the projected period. The automotive industry has benefited from the expanding demand from OEMs and aftermarkets. The demand for these batteries to power start motors, lighting, ignition systems, or other internal combustion engines while assuring excellent performance, long life, and cost-efficiency is one of the main factors contributing to the growth of the SLI battery market.
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Metal Coatings Market Overview
The Metal Coatings market is expected to grow at 8.3% CAGR from 2022 to 2029. It is expected to reach above USD 23.26 USD billion by 2029 from USD 11.2 billion in 2020.
The coatings which are applied over metals for protecting them from corrosion and reduce wear and tear are metal coatings. The process used are coil coating, extrusion coating and hot-dip galvanizing. The metal is processed as the entire surface is washed and given closely bonded finishes before the fabrication of metal into final products. Resins used to prevent from corrosion are polyester, plastisol, siliconized polyester, fluoropolymer and polyurethane. Metal coatings provide properties such as durability, smoothness, cost-effective and eco-friendly properties. Due to its benefits the demand for the product rises in the building and construction, automotive and transportation, consumer goods and appliances, marine and protective coatings.
Segment Analysis
The Metal Coatings market is segmented based on type, process, end user and region, global trends and forecast.
Based on the type of coating used the market is segmented into Polyester, Plastisol, Siliconized Polyester, Fluoropolymer, Polyurethane. Polyurethane and polyester-based coatings account for more than 20 % of the market As the process is continuous and highly automated , the quality of the paint finfish is great with coil metal coatings. It offers a uniform thickness and looks within tight tolerances.
Based on application market is sub segmented into liquid coating and powder coating. Liquid metal coatings have a bigger market share. Liquid form is mainly used in the automotive and construction industry owing to automatic processed and machines. Two layers are applied in coil coating for liquid based which are primer and topcoat.
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Exactitude Consultancy Latest Published Military Aerospace Coatings Market by Resin Type (Polyurethane, Epoxy, Acrylic, Silicone), by Technology (Liquid-Based, Solvent-Based, Water-Based, Powder-Based), by User Type (OEM, MRO), by Aircraft Type (Fixed Wing, Rotary Wing), and Region, Global trends and forecast from 2022 to 2029
Military Aerospace Coatings Market Overview
The military aerospace coatings market is expected to grow at 6% CAGR from 2021 to 2029. It is expected to reach above USD 537 Million by 2029 from USD 318 Million in 2020.
Segment Analysis
The military aerospace coatings market is segmented based on resin technology, technology, user type, aircraft type, and region, global trends and forecast.
On the basis of resin type, the market is segmented into polyurethane, epoxy, acrylic, silicone.
The epoxy sub-segment has the highest CAGR in the resin segment. In 2021, epoxy resin had a market share of more than 21% in the aerospace coating market. Epoxy resin is a reactive prepolymer and polymer that contains epoxide groups. Polymers become more elastic and tough as a result. This makes them suitable for a wide range of applications.
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Life Science Analytics Market Overview
The global life science analytics market is projected to reach USD 43.77 billion by 2029 from USD 20.32 billion in 2020, at a CAGR of 10.6% from 2022 to 2029
Life sciences analytics refers to any analytical application used in clinical research organizations, pharmaceutical companies, medical device companies, and various divisions such as research, supply chain, marketing, pharmacovigilance, and others.
Segment Analysis
The global life science analytics market is segmented by type, component, delivery model, application, end-user and region.
Based on the type, the life science analytics market is divided into descriptive analytics, predictive analytics, prescriptive analytics. The descriptive type segment dominated the market in 2021, accounting for a revenue share of more than 34.36%, owing to rising demand for quantifiable, descriptive analysis based on historical datasets to derive data-driven analysis to better understand the current business scenario. Players use data mining techniques on descriptive datasets to predict future trends and outcomes.
The predictive type segment is expected to grow at the fastest rate in the coming years, owing to the rapidly increasing adoption rate of advanced analytical solutions for predicting future trends and assisting stakeholders in developing appropriate strategies and tactics to improve market performance.
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Hybrid Power Solution Market Overview
The Hybrid Power Solution Market is expected to grow at 7.20% CAGR from 2022 to 2029. It is expected to reach above USD 1458.30 Million by 2029 from USD 780 Million in 2020.
As its name suggests, hybrid systems combine two or more types of electricity generation, typically employing renewable energy sources like solar photovoltaic (PV) and wind turbines. By combining several generation technologies, hybrid systems offer a high level of energy security. To further increase supply reliability and security, they frequently include a storage component like battery, fuel cell, or small fossil fuel generator.
Segment Analysis
The Hybrid Power Solution market is segmented based on power rating, system type, end user and region, global trends and forecast.
This market can be segmented into three types based on power rating below 10kW, 11-100 kW, above 100kW. Here the 11-100 kW is most used type of hybrid power solution. As this type is mostly used in or used for the hybrid electric vehicles which is power by both diesel engine and electric motor. That helped in low carbon emission these factors helped the segments growth. 10 kW power solution is more cost effective in comparison with diesel generator it is easy to use and cost efficient. This type is useful for household use. And above 100kW is least used power solution used in high scale such as for a small town surely it is costly considering the scale of it.
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Global Hydrogen Energy Storage Market Overview
The global hydrogen energy storage market size is expected to grow at more than 5.85% CAGR from 2021 to 2029. It is expected to reach above USD 26.44 billion by 2029 from a little above USD 7.57 billion in 2020.
The market for hydrogen energy storage is a technique for electrolytically storing extra energy. With this technique, hydrogen is drawn out of a chemical solution. Liquid, solid, and gaseous forms of hydrogen can all store energy. widespread adoption of fuel cell technology for stationary power and transportation, including hydrogen storage. The rise in interest in hydrogen energy storage is anticipated to fuel market expansion by utilizing extra electric power. The market is expected to increase as a result of rising demand for hydrogen energy storage as a substitute for traditional fossil fuels. The market for hydrogen energy storage is a technique for electrolytically storing extra energy. With this technique, hydrogen is drawn out of a chemical solution. Liquid, solid, and gaseous phases are all capable of holding this energy.
Segment Analysis
By technology, compression storage technology segment accounted for almost 41% of market share in the 2021. The most often utilized technology for storing hydrogen energy is compression storage. Huge amounts of energy can be stored in cylinders because to this technique. Later, this energy is put to use in a variety of sectors. For industrial uses, a significant amount of energy is stored using the liquefaction process. Energy transmission and transport are made a lot simpler with the aid of this technology. This element is hence fueling the segment’s expansion.
By physical state, market is segmented in solid, liquid and gas. For a set period of time, hydrogen is kept in solid form. This hydrogen energy is then transformed into liquid form. On the other hand, it is anticipated that the liquid category will grow at the fastest rate going forward. Hydrogen energy in liquid form has a wide range of uses, including industrial and commercial ones.
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Hydrogen Generation Market Overview
The hydrogen generation market is expected to grow at 10.2% CAGR from 2022 to 2029. It is expected to reach above USD 316.45 billion by 2029.
Hydrogen generation is an industrial method to generate hydrogen gas. Hydrogen plays an important role in the chemicals and oil & gas industry. It can be produced with the help of various domestic resources such as fossil fuels, biomass, and water electrolysis with electricity. The use of hydrogen fuel cells in lightweight vehicles, including bicycles, automobiles, buses, trains, material handling equipment, boats, ships, commercial aircraft, auxiliary power units (APUs) of aircraft, marine vessels, and specialty vehicles like forklifts, is promoting market growth in the transportation industry.
Segment Analysis
The global hydrogen generation market is segmented into source, application, technology, delivery mode and Region. By source the hydrogen generation market is classified into three types blue hydrogen, grey hydrogen, and green hydrogen. The grey hydrogen segment dominates the global hydrogen generation market. Grey hydrogen is obtained from natural gas and produced from fossil fuels, creating it the least renewable form of hydrogen. Most of the hydrogen produced is grey hydrogen. It is frequently used in the chemical industry to refine oil and make fertilizer because it is reasonably cheap. The demand for grey hydrogen in the market for hydrogen generation is projected to be driven by factors such as rapid globalization, industrialization, and an increase in the use of hydrogen in fuel cell powered automobiles.
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Infectious Disease Diagnostics Market Overview
Infectious disease diagnostics market is expected to grow at 6.8% CAGR from 2022 to 2029. It was valued 26.06 billion at 2020. It is expected to reach above USD 50.31 billion by 2029.
The increasing awareness of early disease detection, the frequency of infectious diseases around the world, the shift in emphasis from centralized laboratories to decentralized POC testing, and technical improvements are all factors driving market expansion.
The infectious disease diagnostics caused by pathogens like viruses, fungus, bacteria, or parasites. Through direct contact, indirect contact, insect bites, or other means such as food, soil, water, and air, infectious diseases can be transmitted from one person to another. By examining the patient’s symptoms, a diagnosis is made by determining the underlying causes. It is crucial in determining how to properly treat infectious infections and other illnesses.
Segment Analysis
Infectious disease diagnostics market is segmented based on product, type of testing, technology, disease type, end user and region, global trends and forecast.
By product the market is segmented into reagents, kits and consumables, instruments, software & services. The market was dominated by the assays & reagents segment in 2020, and this trend is anticipated to persist over the course of the forecast period due to an increase in R&D activities in the pharmaceutical & biotechnology sector, an increase in demand for reagents, and a surge in the uptake of point-of-care testing. However, the instruments market is predicted to expand significantly over the course of the projection year due to an increase in research laboratories and increased funding from public and commercial organizations for the creation of diagnostic tools for the pharmaceutical and biotechnology sectors.
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