The global sinus dilation devices market held US$ 1,484.7 Mn in 2017 and expected to grow at compound annual growth rate (CAGR) of 8.8% during the forecast period from 2018 to 2026. The global sinus dilation devices market is majorly driven by growing prevalence of chronic sinusitis and incidences of acute sinusitis. For instance, Sinusitis affects one is seven adult in the U.S. and diagnosed in 31 million patients each year. According to U.S. national survey 2013, chronic rhinosinusitis is estimated to affect 12.5% to 15.5% of the total U.S. population. Thus growing prevalence of sinusitis is driving the market growth of sinus dilation devices. The patients and medical practitioners are opting for minimally invasive surgical procedures.
The artificial turf market stood at US$ 3.25 Bn in 2017 and expected to reach US$ 8.56 Bn in 2026 growing at a CAGR of 10.5% during the forecast period from 2017 to 2026. Artificial turfs are replacing natural turfs across the world everywhere from Olympic stadiums and professional league arenas to grade school sports fields. Artificial turfs resemble natural grass surfaces and offer various benefits such as all-weather utility, versatility & preparation and low maintenance among others.
The smartphone enabled medical devices market is set to reach from US$ 4,411.1 Mn in 2017 to US$ 31,759.3 Mn by 2026 at a compound annual growth rate (CAGR) of 24.9% during the forecast period from 2018 to 2026. Mobile devices have become an integral part of human lives. In the last decade it has been successful in transforming several aspects of clinical practice, which has eventually led to the development of medical software applications.
The veterinary biologics market is set to reach from US$ 21,953.8 Mn in 2021 to US$ 36,836.5 Mn by 2033 at a compound annual growth rate (CAGR) of 6.0% during the forecast period from 2025 to 2033. Veterinary biologics are medicinal products obtained from living organism and biological processes. They are employed in veterinary health science to diagnose, prevent and treat animal disease through immune-modulation.
A large range of hand hygiene monitoring systems are being made available in the market to help healthcare facilities and associated locations to reduce the risk of healthcare associated infections. These monitoring systems are designed to examine healthcare environment, educate and remind personnel of hand washing events and provide relevant data to drive accurate and precise compliance. While the market penetration of hand hygiene compliance monitoring systems is relatively low than the hand hygiene products, more and more healthcare providers are showing interest in adopting these systems.
The breast prosthesis market is expected to grow at a compound annual growth rate of 9.3% during the forecast period. The growth is mainly attributable to the increased prevalence of breast cancer. A breast prosthesis is an artificial shape of the breast that substitutes for the shape of the excised breast.
Veterinary surgical sutures market accounted for a market value of US$ 264.13 million in 2019 and projected to grow at a CAGR of 6.7% during the forecast period from 2021 to 2029. Increasing pet ownership in developed and developing countries is one of the major drivers assisting the growth of veterinary surgical sutures market as pet owners are more concern about pet injuries and diseases.
Growing awareness towards water conservation and global warming has certainly stimulated the need for rainwater harvesting systems across different end-user. Government across several nations and environmental agencies are putting their sincere efforts in order to promote eco-friendly techniques such as rainwater harvesting for residential, commercial and industrial end-users. Owing to this, global rainwater harvesting market registered market value of US$ 1.35 Bn in 2017 and expected to reach US$ 2.24 Bn by 2026. The market is estimated to grow with a compound annual growth rate of 5.9% throughout the forecast period from 2018 to 2026.
The global connected home security system market is expected to reach US$ 32.5 Bn by 2026, expanding at a CAGR of 15.3% during the forecast period from 2018 to 2026. Connected security systems are useful addition in homes where safety is an important concern. The rear of home security has witnessed some drastic changes in the recent past and will continue to advance much more in the years to come. In the past few years, there has been an unprecedented growth in the number of devices being connected to the internet.
The veterinary diagnostic imaging market is set to reach from US$ 1,931.5 Mn in 2017 to US$ 3,473.9 Mn by 2026 at a compound annual growth rate (CAGR) of 6.8% during the forecast period from 2018 to 2026. Veterinary diagnostic imaging is a non-invasive procedure which is employed to obtain medical images of animals suffering with acute and chronic diseases.
