The size of the world's thermoplastic polyurethane (TPU) foaming market was USD 2,561.0 million in 2021, and it is anticipated to grow at a revenue CAGR of 7.3% over the following five years. The introduction of biobased TPU, the fast demand for TPU foaming, particularly in the medical and automotive sectors, and the rising use of TPU materials in sportswear and footwear are the main drivers of...
The market for medical ceramics was valued at USD 2.48 billion in 2021 and is anticipated to grow at a 6.6% CAGR in terms of revenue during the forecast period. Revenue in the medical ceramics market is primarily driven by the expanding use of all-ceramic implants and growing awareness of different orthopaedic and dental applications. Medical-grade ceramics are frequently used to make...
The market for aircraft flight control systems was valued at USD 13.38 billion worldwide in 2021, and it is anticipated to grow at a revenue CAGR of 7.9% over the following five years. Large fleets of military and commercial aircraft, lightweight flight control systems, IoT advancements and acceptance in aircraft systems, and rising awareness of aircraft safety are the main drivers influencing...
The tissue diagnostics market was valued at USD 4.94 billion in 2021 and is anticipated to grow at a 6.6% CAGR in terms of revenue over the next five years. The steadily rising incidence of cancer worldwide can be linked to the steady market revenue rise of tissue diagnostics. Over 10 million fatalities, or roughly one in every six, will be attributable to cancer in 2020, making it the leading...
The size of the world market for aeroplane filters, which was USD 824.0 million in 2021, is anticipated to grow at a 4.0% CAGR. The quick replacement cycle of aircraft filters can be credited with the consistent market revenue increase. The interval varies depending on the aircraft. The majority of airlines frequently change cabin air filters at 'hard time' intervals to coincide with routinely...
The market for healthcare facility management was valued at USD 315.17 billion in 2021 and is anticipated to grow at a 13.8% CAGR in terms of revenue over the next five years. Some of the primary drivers of the healthcare facility management market revenue growth include rising investments in healthcare infrastructure and facility construction, rising healthcare expenditures, rising patient...
The market for Lateral Flow Assay (LFA) components was valued at USD 490.8 Million in 2021 and is anticipated to grow at a 4.1% revenue CAGR over the next five years. Major factors influencing market revenue growth include the rising adoption of lateral flow assay devices in domestic settings for the early detection and diagnosis of infectious diseases, expanding technological advancements in...
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