Harshal J Profile

Artificial Intelligence in Medical Diagnostics Market By Component (Software, Services), Specialty (Radiology, Cardiology, Neurology, Obstetrics/Gynecology, Oncology), Modality (MRI, CT, X-ray, Ultrasound), End User (Hospital, Diagnostic Center) – Global Forecast to 2029

The Artificial Intelligence in Medical Diagnostics Market is expected to reach $9.38 billion by 2029, at a CAGR of 36.2% from 2022 to 2029. Artificial intelligence (AI) in medical diagnostics is a powerful tool that has the potential to make healthcare more accessible and affordable by assisting healthcare providers in making accurate and quick treatment decisions for their patients. The accurate diagnosis of a disease takes years of medical training and is a time-consuming process. The use of AI in medical diagnosis has proven to give accurate diagnoses, aid in clinical decisions, and enhance physicians' judgment.

AI in medical diagnostics includes AI solutions that aid physicians with medical decision-making. AI-based solutions can be used to diagnose cancer, triage critical findings in medical imaging, flag acute abnormalities, help radiologists prioritize life-threatening cases, diagnose cardiac arrhythmias, predict stroke outcomes, and help with the management of chronic diseases.

The growth of this market is driven by the growing need for the adoption of AI in medical diagnosis to reduce errors, the shortage of healthcare professionals, and the rising incidence rate of chronic diseases. In addition, the growth potential in emerging economies and the growing number of cross-industry partnerships & collaborations are expected to provide significant growth opportunities for this market.

However, the reluctance to adopt AI technologies due to a lack of trust is expected to restrain the growth of this market. In addition, factors such as regulatory barriers and privacy & security concerns are the major challenges to the growth of this market

Veterinary Practice Management Software Market by Delivery Mode (On-Premise, Cloud), Practice Type (Companion Animals, Mixed Animals, Food Producing, Equine), End User (Hospitals, Referral/Specialty, Ambulatory Services) – Global Forecast to 2028

The Veterinary Practice Management Software Market is expected to grow at a CAGR of 7.7% from 2021 to 2028 to reach $539.7 million by 2028. Veterinarians use veterinary practice management software for treatment planning, managing patient information, scheduling, communicating with patients, and supporting back-office functions, such as accounting and payments. This software is used by veterinary hospitals, referral practices, and ambulatory veterinary clinics to assist in their daily operations.

Increasing pet ownership, the growing risk of developing chronic & infectious diseases in companion & livestock animals, and the growing number of strategic partnerships resulting in product innovation and software integration have been considered to have a positive impact on the veterinary practice management software market

Frozen Seafood Market by Category (Fish, Crustaceans, Shellfish, Molluscs) and Distribution Channel (B2B [Food Services, Food Manufacturers], B2C [Offline {Supermarkets & Hypermarkets, Convenience Stores}, Online]) – Global Forecast to 2029

The Frozen Seafood Market is expected to reach $74.34 billion by 2029, at a CAGR of 5.6% during the forecast period of 2022 to 2029. The rising consumption of seafood, increase in awareness of the health benefits of seafood, and the growing numbers of supermarkets & hypermarkets are the key factors driving the growth of the frozen seafood market. Furthermore, the growing adoption of quick freezing technology to freeze seafood is expected to provide a significant opportunity for the players operating in this market.

Industrial Safety Market by Type, Offering (Hardware, Software), End User (Oil & Gas, Energy & Power, Chemicals), and Geography—Global Forecasts to 2030

The Industrial Safety Market is projected to reach $ 17.86 billion by 2030, at a CAGR of 11.1% from 2023 to 2030. The growth of this market is attributed to the need for reliable safety systems to ensure personnel and asset protection, stringent regulations for workplace safety, and the growth of the oil & gas sector driving the adoption of industrial safety systems. However, the high installation costs of industrial safety systems are expected to restrain the growth of this market. Furthermore, the increasing usage of industrial internet-of-Things is expected to offer potential growth opportunities. Failure to access all machinery-related risks is a challenge for this market.

Sugar-free Products Market by Type (Beverages, Food Products, Tabletop, Others); Sweetening Type (Sugar Substitute-sweetened Sugar-free Products, Naturally Sweetened); Distribution Channel (Supermarkets & Hypermarkets, Others) – Global Forecasts to 2029

The Sugar-free Products Market is Expected to reach $65.31 Billion by 2029 at a CAGR of 6.2% from 2022 to 2029. Sugar-free products are low-calorie products comprising zero sugar. They are sweetened with sugar substitutes and offer a taste similar to sugar. These products are a healthy alternative to products that contain sugar as they help reduce calories and help prevent diabetes & obesity.

The growth of this market is driven by factors such as the rising incidence rate of diabetes, the rising demand for low-calorie foods, and sugar taxes imposed on sugary drinks. However, the higher prices of sugar-free products restrain the growth of this market.

Pharmaceutical Contract Packaging Market by Service (Primary Packaging {Bottle, Vial, Ampoules, Blister Packs}, Secondary Packaging), Material (Plastic, Polymer, Paper, Glass, Aluminum Foil), and Geography – Global Forecast to 2029

The Pharmaceutical Contract Packaging Market is projected to reach $42.03 billion by 2029, at a CAGR of 8.4% from 2022 to 2029. Pharmaceutical companies outsource packaging operations to contract packaging firms to reduce their operating costs and focus on the core operations of developing a drug. Furthermore, serialization regulations for pharmaceuticals are progressing globally, and many pharmaceutical contract packaging firms already have efficient serialization workflows. Thus, outsourcing packaging functions allows pharmaceutical companies to meet serialization requirements without investing time and money in developing serialization workflows.

The growth of the pharmaceutical contract packaging market is driven by the growing adoption of smart packaging solutions, stringent regulatory policies concerning serialization regulations, and complex packaging requirements of the pharmaceutical industry. Furthermore, the adoption of postponement packaging to improve operations efficacy is offering market growth opportunities.

Prebiotics Market by Ingredient (Inulin, Fructo Oligosaccharides, Galacto Oligosaccharides, Mannan Oligosaccharides), Application (Food & Beverages {Dairy Products, Beverages, Infant Food Products}, Dietary Supplements), and Geography – Global Forecast to 2029

The Prebiotics Market is projected to reach $6.61 billion by 2029, at a CAGR of 7.6% during the forecast period 2022–2029. The growth of this market is driven by the increasing consumption of prebiotics, the rising demand for nutraceuticals, and the increasing demand for plant-based food ingredients. However, the lack of awareness regarding the health benefits of prebiotics restrains the growth of this market. The growing use of prebiotics in infant formulas is expected to create growth opportunities for the players operating in this market. Additionally, the growing demand for natural, organic, and clean-label ingredients is a major trend in the global prebiotics market.

Autonomous Tractors Market by Type (Fully Autonomous, Semi-Autonomous Tractors), Component (LiDAR, Radar, Ultrasonic Sensors, GPS), Power Output (Up to 30 HP, 31–100 HP, 101 HP & Above), Application (Tillage, Seed Sowing, Harvesting) – Global Forecast to 2029

The Autonomous Tractors Market is expected to reach $5.38 billion by 2029, at a CAGR of 22.4% during the forecast period of 2022–2029. The growth of this market is driven by the rising adoption of modern agricultural techniques, the increasing government initiatives to support farmers, and improved credit availability. However, the high initial cost of advanced agriculture equipment and the rising fragmentation of land are factors restraining the growth of the autonomous tractors market.

Technological advancements and the shortage of farm laborers are expected to offer significant growth opportunities for players operating in this market. However, the low awareness of advanced agriculture technologies poses a major challenge to the market’s growth. Furthermore, agriculture digitalization is a major trend observed in this market.

Savory Snacks Market by Type (Potato Chips, Extruded Snacks, Nuts & Seeds, Meat Snacks), Flavor (Barbeque, Spice, Salty, Plain), Distribution Channel (Supermarkets & Hypermarkets, Convenience Stores, Specialty Stores, Online Channels) — Global Forecasts to 2029

The Savory Snacks Market is expected to reach $347.2 billion by 2029, at a CAGR of 7.3% during the forecast period of 2022 to 2029. The growing consumer demand for healthy snacking, the rising popularity of convenience foods & on-the-go snacks, changing lifestyles and hectic schedules of the working population, and expansion of the retail industry across the globe are the key factors driving the growth of the savory snacks market. Furthermore, the growing E-commerce penetration in developing countries and emerging economies in Latin America, Asia, and the Middle East & Africa are expected to provide significant opportunities for the players operating in this market.

Biological Wastewater Treatment Market by Process (Aerobic Wastewater Treatment, Anaerobic Wastewater Treatment, and Anoxic Treatment), End User (Municipal, Industrial [Food & Beverage, Pulp & Paper]), and Geography – Global Forecast to 2030

The Biological Wastewater Treatment Market is expected to reach $16.1 billion by 2030, at a CAGR of 5.6% during the forecast period of 2023–2030. The rapidly diminishing freshwater resources, the stringent regulations for wastewater management, and a surge in industrial water consumption and discharge are the major factors driving the growth of this market.

In addition, the growing demand for energy-efficient & advanced water treatment technologies, the rapidly growing population, urbanization, and industrialization, the depletion of potable water, and the increasing prevalence of water-borne diseases are expected to offer significant opportunities for the growth of this market.

However, the high installation, maintenance, and operating costs hinder the implementation of Biological Wastewater Treatment solutions. Furthermore, the high cost of upgrading & repairing aging water infrastructure is a major challenge to the market’s growth.