The global hip replacement implants market held US$ 7,202.5 Mn in 2017 and expected to grow at compound annual growth rate (CAGR) of 3.6% during the forecast period from 2018 to 2026. The global hip replacement implants market is driven by growing volume of hip arthroplasty worldwide, development of dynamic implants with better compatibility and lower risk of infection, growing geriatric population susceptible for hip injuries and ailments. Alarming rise in the prevalence of osteoarthritis globally will augment the growth of hip replacement implants.
The laptop batteries market worldwide is expected to grow with a CAGR of 5.7% during the forecast period from 2018 to 2026. Laptop batteries are among the most integral components of laptop PCs used to power these devices. Although laptops with non-replaceable batteries are gaining traction, laptops with removable batteries form the bulk of the market, making laptop batteries market promising. The market is highly driven by the revival in laptop PCs sales from the year 2016. In addition, limited battery lifespan (though inconvenient to users) serve as a market-driving factor for manufacturers.
The microplates market is set to reach US$ 1488 million by 2033 from US$ 993.51 million in 2025 at a compound annual growth rate (CAGR) of 4.2% during the forecast period from 2025 to 2033. Microplate technologies has been increasingly applied across variety of applications within the field of biotechnology research over the past couple of decades.
Surgical drills market accounted for a market value of US$ 419.9 Mn in 2017 and projected to grow at a CAGR of 4.6% during the forecast period from 2018 to 2026. During the forecast period from 2018 to 2026, battery-powered drills will maintain its significant growth due to key factors such as its user-friendly due to its metal alloy body that makes it lightweight, and lithium battery provides superior run times & increased life cycle of the device along with consistent performance.
Action cameras are becoming popular across the world to take pictures and videos especially during sports and adventure activities such as surfing, rock climbing, skydiving, paragliding, bungee jumping, scuba diving, snorkeling, caving, surfing and others. Action camera are easy to handle, compact in size and enables users to take high quality photos and videos which is motivating consumers to purchase these cameras over traditional cameras.
Microplate instrumentation are important devices used in cell culture and other research. Initially used only in research settings, these equipment have witnessed adoption in disease diagnostics, and therefore in diagnostic laboratories and hospitals. Microplate instrumentation and supplies are laboratory equipment used for understanding the discovery and development of drugs, and assessing the biological, chemical and physical reactions in any research. Microplate systems and supplies are therefore imperative in testing processes such as gene expression, toxicity, protein quantification, and biological reactions.
The global vaginal slings market held US$ 1,720.4 Mn in 2017 and expected to grow at compound annual growth rate (CAGR) of 4.6% during the forecast period from 2018 to 2026. Vaginal sling procedures are the highly recommended and gold standard to control stress urinary incontinence in women. The procedure is minimally invasive in nature and usually takes 45 to 60 minutes for completion.
The Battery Electric Vehicles (BEVs) market worldwide was valued at US$ 89.15 Bn in 2017, and is expected grow at a CAGR of 20.6% from 2018 to 2026. Available resource limitations of oil and rising environmental concerns have led automobile manufacturers to design and develop alternative fuel vehicles. This factor has positively influenced the BEVs market growth.
The diaphragm pumps market is set to grow from US$ 4,177.5 Mn to US$ 6,706.2 Mn at a compounded annual growth rate of 5.4% from 2018 to 2026. Diaphragm pumps are employed for pumping fluids by reciprocating the motion of diaphragm. Rampant growth in industrial sector and increasing production in food and beverage industry drive the diaphragm pumps market growth.
Platelet incubators market accounted for a market value of US$ 340.4 Mn in 2017 and projected to grow at a CAGR of 5.2% during the forecast period from 2018 to 2026. Platelet incubators known as the microprocessor-integrated systems created to avail high stability of temperature for platelet concentrates storage. The facility of forced air circulation helps to retain constant temperature throughout the unit; this prevents spoilage of platelet concentrates. The overall application of platelet incubators expected to increase throughout the forecast period due to increasing prevalence of dengue in tropical countries, rising prevalence of hematological diseases that require transfusion of platelets, and rising awareness related to platelet concentrate storage and applications.
