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Platform-as-a-Service Market to be Worth $227.5 Billion by 2030
The growing adoption of cloud computing across several industrial sectors is driving the growth of the global Platform-as-a-Service (PaaS) market. Also, the growing adoption of IoT across different industries across the world is further driving the demand for PaaS cloud, which is used for data integration, analytics, and application development.
Platform-as-a-Service Market to be Worth $227.5 Billion by 2030
IoT technology is being increasingly implemented across industries. Most IoT-centric solutions are implemented on PaaS platforms such as application PaaS (aPaaS) and integration PaaS (iPaaS), which is expected to boost the demand for PaaS cloud. Additionally, PaaS is used for IoT device management, orchestration, and business process management Platform-as-a-Service (bpmPaaS), database Platform-as-a-Service (dbPaaS) and analytics services.
Top 10 Companies in Newborn Screening Market
The Newborn Screening Market is expected to grow at a CAGR of 7.9% from 2023 to 2030 to reach $2.49 billion by 2030. The growth of this market is mainly driven by the rising prevalence of congenital heart diseases and genetic disorders, the increasing neonatal population, and the rising awareness regarding newborn screening. However, the shortage of healthcare professionals and the emergence of non-invasive prenatal screening technologies restrain the growth of this market.
Newborn Screening Market to be Worth $2.69 Billion by 2031
The rising prevalence of congenital heart diseases and genetic diseases, increasing neonatal population, and rising awareness regarding newborn screening are the factors driving the growth of the newborn screening market. Factors such as government programs & legislation promoting newborn screening and emerging economies are a few opportunities that would help grow the market in the future.
Newborn Screening Market to be Worth $2.69 Billion by 2031
These technologies are still in the research phase but are being tested to screen newborns. NGS screening will help in screening more disorders compared to other conventional technologies using techniques such as targeted gene panels, whole exome sequencing (WES), and whole genome sequencing (WGS). NGS technology will also follow the Wilson and Jungner principles to identify genes associated with treatable disorders. It is economically feasible, and many tools and software are available for result interpretation.
Invisible Braces Market to be Worth $18.8 Billion by 2030
The growth of the global clear aligners market is mainly attributed to the rise in the number of patients with malocclusion, rising new product launches and approvals by clear aligners companies, technological advancements in dentistry, increasing demand for aesthetic dentistry, rising government initiatives for oral care, increasing dental care infrastructure globally.
Clear Aligners Market to be worth $18.8 Billion by 2030
Dental 3D printing is a new technology used in multiple dentistry applications, including clear aligners. Most clear aligner manufacturers are currently using 3D printing technology to produce clear aligners. For instance, in January 2021, Candid Care Co. (U.S.) launched a clear aligner therapy offering produced using Carbon 3D printing technology, which provides efficient, accurate, and reliable clear aligner models.
Hydroponics Market Application to be Worth $35.4 Billion by 2030
Day-by-day changing earth’s energy balance leads to changes in the global climatic conditions. The current climate conditions bring new stresses to agricultural production and prevent sustainable vegetation production in many areas. As a result, demand for alternative agricultural practices that will be sustainable in the long term, such as hydroponics farming, is increasing throughout the globe. Moreover, strains on the environment from food production have caused declines in biodiversity, soil carbon, and air quality.
Power Inverter Market to be Worth $109.7 Billion by 2031
Commercial buildings are increasingly installing power inverters for daily operations. The growing power outage disrupts the operations leading to lost productivity and revenue. Thus, power inverters are used to provide critical backup power, ensuring a smooth workflow during outages and minimizing downtime. Many commercial spaces, such as retail stores, offices, and hospitals, are increasingly implementing automation technologies.
Anaerobic Digestion Systems Market to be Worth $25.4 Billion by 2030
The anaerobic digestion systems market has been growing steadily in recent years due to increased awareness of the benefits of renewable energy, government incentives and regulations, and the rising cost of fossil fuels. Anaerobic digestion is a sustainable method of waste management and renewable energy production.