The global bacteriophage market is expected to grow at compound annual growth rate (CAGR) of 4.5%. Raise in incidence of antimicrobial resistance will lead to growth in Bacteriophage market in the upcoming years. According to Centers for disease control & prevention CDC at least 23,000 of people in the United States & around 33,000 people in Europe die due to antibiotic resistant infections.
The assistive technologies for visually impaired market is set to reach US$ 6,493.1 Mn by 2029 from US$ 4,064.4 Mn in 2020 at a compound annual growth rate (CAGR) of 7.8% during the forecast period from 2021 to 2029. As per the latest research citing of The International Agency for the Prevention of Blindness (IAPB) approximately 36 million people throughout the globe are blind. In depth studies have noted that around 217 million people have severe to moderate visual impairment and desperately need assistive technologies for their care and support.
Friction modifier additives market projected to exhibit the CAGR of 3.5% during the forecast period from 2021 to 2029. Friction modifier additives are mixed with lubricants to maintain oil solubility and to enable film formation between contacting surfaces. The primary function of friction modifier additives is to enhance the lubricant’s coefficient of friction to mitigate the heat and friction between the contacting surfaces, which are in relative motion. The coefficient of friction across the contacting surfaces decides the amount of friction modifier required in lubricants. Friction modifiers are also known as boundary lubrication additives.
Across the world, deep brain stimulation (DBS) is being used for treating pain and movement disorders such as tremors and Parkinson’s disease. Some other recognized conditions for deep brain stimulation include epilepsy, obsessive compulsive disorders and dystonia.
The athletic footwear market is expected to grow at a CAGR of 5% during the forecast period of 2025 to 2033. It encompasses a wide range of footwear designed specifically for sports and physical activities. One of the primary drivers of the athletic footwear market is the increasing awareness of health and fitness among individuals worldwide. With the rising prevalence of lifestyle-related diseases such as obesity and diabetes, people are becoming more conscious of the importance of regular physical activity.
The medical specialty bags market to reach US$ 10,541.0 Mn in 2026 and projected to exhibit a compound annual growth rate (CAGR) of 5.4% during the forecast period from 2018 to 2026. Increasing geriatric population susceptible for chronic diseases is the major growth factor driving the demand for specialty medical bags globally.
The global antihistamines market will grow at a CAGR of 8.7% during the forecast period from 2018 to 2026. Antihistamines exemplify a class of drugs that block the histamine type-1 (H1) receptors. H1-receptors are extensively scattered and predominantly found on smooth muscle of the gastrointestinal tract, bronchi, uterus, and large blood vessels.
The global cardiovascular information systems market is expected to grow at a CAGR of 9.5% during the forecast period of 2020 - 2033. The Cardiovascular Information System (CVIS) facilitated rapid report generation and distribution and provides timely access to cardiovascular electronic medical records. Cardiovascular disease remains as the primary cause of death worldwide, with one in three people dying from heart disease each year. An estimated 800,000 Americans die of stroke and other cardiovascular disease, according to the CDC Foundation.
The global bike-sharing services market expected to expand at a CAGR of 12.5% during the forecast period from 2018 to 2026. Bike-sharing services have gained remarkable popularity and acceptance among people over the last two years. Factors such as global warming, traffic congestion, and high cost associated with everyday shuttles has encouraged urban crowd to opt for bike-sharing services for their daily commute.
Fuel management systems are designed to effectively manage and control utilization of fuel among transportation and construction industries. Fluctuating fuel prices and increasing penetration of fossil fuel vehicles worldwide are expected to set high demand for fuel management systems over the following years.
