Harshal J Profile

Endotherapy Devices Market by Type (Needles, Biopsy Forceps, Balloon Dilators, Haemostasias, Snares, Catheters, Sphincterotomes, Guide Wires, Stents, Retrieval Net), Application (Upper GI Endoscopy, Colonoscopy, Cystoscopy) – Global Forecast to 2030

The Endotherapy Devices Market is expected to reach $7 billion by 2030 at a CAGR of 7.4% from 2023 to 2030. Endotherapy devices are inserted in the body during endoscopic procedures. Endotherapy devices such as needles, dilators, hemostasis systems, hemoclips, stents, and extraction systems are used during colonoscopies, gastroscopies, bronchoscopies, and other procedures. Endotherapy equipment is also used to diagnose abnormal growth in the colon and other abdominal organs and digestive tract hemorrhage. Additionally, they are employed therapeutically to eliminate tumors or polyps, halt bleeding, and widen strictures or confined bodily channels.

The growth of this market is driven by the increasing preference for minimally invasive procedures, the rising prevalence of gastrointestinal conditions, and technological advancements in endotherapy devices. However, the high cost of endoscopy procedures is restraining the market. The increasing demand for endoscopic procedures in emerging markets is creating opportunities for key players in the market. Additionally, the lack of skilled professionals is a major challenge for market growth.

Medical Ceramics Market by Type (Bioinert [Alumina, Zirconia, Carbon], Biocompatible [Hydroxyapatite, Glass Ceramics, Gypsum, Calcium Carbonate], Piezoelectric), Application (Cardiac, Dental, Imaging, Orthopedic, Pharmaceutical) — Global Forecast to 2030

The Medical Ceramics Market is projected to reach $29.93 billion by 2030, at a CAGR of 6.2% from 2023 to 2030. Biocompatible ceramics are used in healthcare for several applications, including orthopedic and dental implants, implantable medical devices, surgical instruments, imaging, and cosmetic surgeries. Medical ceramics are defined based on their properties, such as being bioinert (no reactivity with tissues), bioactive (forming bonds with surrounding tissues), bioresorbable (dissolving in the body to form new tissues), and piezoelectric (converting mechanical effects into electrical signals). The use of medical ceramics is increasing in the healthcare sector.

The growth of the medical ceramics market is driven by the growing utilization of active implantable devices, the rising adoption of ceramics in drug delivery, and the high acceptance of ceramics in dental and orthopedic implants. Additionally, advancements in ceramics and emerging economies are expected to provide significant opportunities for players operating in this market.

However, the biocompatibility issue of ceramics in the human body and the complex manufacturing process for medical ceramics restrain the market’s growth. Also, the brittle nature, limited design flexibility, and high costs of medical ceramics are major challenges for market growth.

Europe Sausage Casings Market by Type (Artificial Casings, Natural Casings), Application (Animal Meat Sausages, Vegan Sausages), Distribution Channel (Offline, Online), End User (Food Processors, Retailers), and Country – Forecast to 2030

The Europe Sausage Casings Market is projected to reach $2.72 billion by 2030, at a CAGR of 4.1% during the forecast period of 2023 to 2030. The growth of the Europe sausage casings market is driven by the growing preference for artificial casings by sausage manufacturers, increasing meat production and consumption in Europe, and the rising consumption of ready-to-eat and ready-to-cook food products. However, complexities in the use of natural sausage casings restrain the growth of this market. The emergence of vegetarian sausage casings is expected to generate growth opportunities for the players operating in this market. However, animal disease & health concerns are a major challenge for market growth.

Smart Irrigation Market by Type (Weather Based, Soil Moisture Based) Component (Monitoring, Controlling, Connectivity, Software), Irrigation Type (Sprinkler, Drip, Surface, Pivot), End Use, and Geography – Global Forecast to 2030

The Smart Irrigation Market to reach $10.2 billion by 2030, at a CAGR of 22.4% from 2023 to 2030. The growth of the smart irrigation market is driven by the rising need for water efficiency & conservation, the surge in government policies to promote sustainable agriculture & efficient use of water resources, and the growing demand for soil moisture monitoring in various areas, including agriculture, landscaping, and gardening. In addition, the increasing integration of technologies such as IoT sensors, Wi-Fi, & GPS in irrigation controllers and the increasing adoption of weather and sensor-based controllers are expected to offer significant opportunities for the growth of this market.

Intelligent Document Processing Market by Offering (Solutions, Services), Deployment Mode (Cloud, On-premise), Technology (ML, Computer Vision, NLP, RPA, OCR), End Users (BFSI, Government & Public Sector, & Others), & Geography – Global Forecast to 2031

The Intelligent Document Processing Market is projected to reach $9.18 billion by 2031, at a CAGR of 25.8% during the forecast period of 2024–2031. The growth of this market is driven by the rising inclination of enterprises towards digital transformation and the integration of AI for document processing. In addition, the increasing adoption of cloud-based solutions, increasing human-in-the-loop approach in intelligent document processing, and growing use of intelligent document processing for real-time applications are expected to offer significant growth opportunities for the stakeholders in the intelligent document processing market.

Commercial Drones Market by Type (Single-rotor, Multi-rotor, Fixed-wing, Fixed-wing Hybrid VTOL), Payload (Up to 2kg, 2kg to 10kg, 10kg to 25kg, More than 25kg), Application, End-use Industry, and Geography – Global Forecast to 2031

The Commercial Drones Market is projected to reach $9.8 billion by 2031, at a CAGR of 17.2% from 2024 to 2031. The growth of the commercial drones market is driven by the rising trend of using commercial drones for capturing high-quality images and videos, the integration of Artificial Intelligence (AI) & Machine Learning (ML) into drones, and the increasing popularity of on-demand deliveries. However, drones’ limited battery life and flight duration and the lack of qualified personnel required to operate and maintain drones restrain the growth of this market.

The increasing demand for BVLOS (Beyond Visual Line Of Sight) drones among enterprise customers is expected to generate significant growth opportunities for the players operating in the commercial drones market.

Single-use Bioreactors Market by Product [Systems, Media Bags (2D, 3D), Filtration Assemblies], Type [Stirred-tank, Wave-induced], Cell [Mammalian, Bacterial, Yeast], Application [Commercial (Mab, Vaccine), Research], End User – Global Forecast to 2030

According to this latest publication from Meticulous Research®, the single-use bioreactors market is projected to reach $10.3 billion by 2030, at a CAGR of 15.8%. The growing adoption of disposable technologies in the pharmaceutical and biotechnology industries, capacity expansions of biopharmaceutical plants, rising pharmaceutical R&D expenditures, the rising adoption of biosimilars, and the growing prevalence of chronic diseases are the factors driving the growth of this market.Single-use Bioreactors Market

Network Security Firewall Market by Component (Solutions, Services), Type (Unified Threat Management, Next-generation Firewall), Deployment Mode, Organization Size, and Sector (BFSI, Retail, and Other Sectors) and Geography – Global Forecast to 2030

According to this latest publication from Meticulous Research®, the network security firewall market is projected to reach $16.2 billion by 2030, at a CAGR of 19.7% from 2023-2030. The growth of the network security firewall market is driven by the rising government regulations encouraging the demand for network security firewalls, the growing significance of network security firewall solutions in the BFSI sector, the increasing demand for network security and privacy, and the advancement of digital transformation in the telecommunication industry. However, the lack of preventive firewall maintenance restrains the growth of the network security firewall market. Further, the growing need for network security firewall solutions among SMEs and the increasing adoption of network function virtualization are expected to create market growth opportunities. Also, misconceptions & lack of knowledge regarding network security firewall solutions are challenging for the players operating in this market.

Antiviral & Antimicrobial Coatings Market by Type (Antimicrobial, Antiviral), Material (Copper, Silver, Aluminum), Form (Powder, Aerosol), Application (Healthcare, Building & Construction, Automotive, Packaging), and Geography – Forecast to 2028

The Antiviral & Antimicrobial Coatings Market is expected to grow at a CAGR of 11.7% from 2021 to 2028 to reach $8.53 billion by 2028. Antiviral & antimicrobial coatings are used to restrict the growth of viruses and other microorganisms. These coatings provide long-lasting protection against microorganisms and help maintain permanent hygiene. They have wide applications in healthcare, building & construction, food & beverage, packaging, air & water treatment, automotive, protective clothing, and other industries like oil & gas, electronics, and aeronautics & defense.

The growth of this market is mainly attributed to the increasing incidence of healthcare-associated infections, the rising number of food product recalls due to microbial contamination, and government initiatives & funding for the development of antimicrobial coatings. Favorable development in the emerging economies is expected to offer significant growth opportunities for players in this market. However, stringent government regulation on the emission of volatile organic compounds (VOCs) is expected to restrain the growth of this market to a certain extent. Additionally, the growing antimicrobial resistance among micro-organisms is expected to pose challenges to market growth.

U.S. Water and Wastewater Treatment Technologies Market by Treatment Technologies Type (Membrane Separation & Filtration, Sludge Management Technology, Activated Sludge, Clarification) and Application – Forecasts to 2029

The U.S. Water and Wastewater Treatment Technologies Market is expected to reach a value of $24.63 billion by 2029, at a CAGR of 5% during the forecast period 2022–2029. The growth of the U.S. water and wastewater treatment technologies market is attributed to stringent regulations on the safe and appropriate use of onsite wastewater treatment systems (OWTS), improvements in wastewater treatment technology, and the increasing prevalence of waterborne diseases.

Furthermore, the growing demand for energy-efficient and advanced water treatment technologies is expected to provide significant growth opportunities for the vendors operating in the U.S. water and wastewater treatment technologies market. However, the high installation, maintenance, and operational costs are expected to hinder the growth of this market to a notable extent. In addition, the aging and deterioration of existing water infrastructure are the challenges for the growth of the U.S. water and wastewater treatment technologies market.