The growth of anti-drone systems market is growing in proportion to the growth in the demand by several end-use verticals. Consequently, overall anti-drone systems market expected to experience a notable surge in terms of market value. At present, global anti-drone systems market registered a market value of US$ 4285.4 Mn and projected to reach market value of US$ 29,968.7 Mn by 2029. The market is expected to make significant leaps growing with a growth rate of 24.3% throughout the forecast period from 2021 to 2029.
The hemodialysis and peritoneal dialysis market is valued at US$ 75,662.2 Mn in 2020 and is set to grow with a compounded annual growth rate (CAGR) of 6.2% during the forecast period from 2021 to 2029. According to the latest research citing of National Kidney Foundation 10% of the global population is suffering with chronic kidney disease eventually resulting into mortality of millions of people annually due to lack of access to effective treatment. People suffering with end stage renal disorders have 2 viable options such as kidney transplantation or dialysis. Elderly population in the developed regions receive kidney dialysis as a part of access to universal healthcare.
The photodynamic therapy market is set to grow at an impressive rate with a compounded annual growth rate (CAGR) of 5.7% during the forecast period from 2018 to 2026. As per the statistics provided by World Health Organization (WHO), currently 2 to 3 million non-melanoma and 132,000 melanoma skin cancer occurs throughout the globe annually.
The primary factors driving the growth of the global fertility and pregnancy test kits market are the growing demand for self-contained solutions that the consumers can directly use, growing risk of infertility, and easy availability of time saving and cost-effective pregnancy detection solutions. In addition, increasing use of rapid testing kits in fertility clinics and home care, growing rate of adolescent pregnancies and high promotions of such solutions are some of the other factors supporting the market growth.
The healthcare revenue cycle management market is set to grow at a compounded annual growth rate of 11.8% during the forecast period from 2021 to 2029. Rapid growth in the healthcare domain and IT segment provide a positive boost for the healthcare revenue cycle management market growth. Tasks achieved by installation of revenue cycle management solutions are less error in medical billings, claim remittance, patient access management and revenue recovery.
Marketing technology has undergone a significant transformation in the 21st century. Marketing analytics software market is set to grow with a CAGR of 12.25% across the forecast period from 2018 to 2026. Most marketing organizations are drawing in data and starving for information.
Parking management market deals with the efficient utilization of parking space and available resources with the help of parking management systems. Parking management systems offers the users to quickly search the parking spots and provide guidance to enhance the visitors experience by making the whole process smooth. Global parking management market is anticipated to rise with a CAGR of about 10.9% during the forecast year 2021-2029. Increasing demand of parking space due to boost in vehicle production and sales along with global focus on seamless traffic flow is promoting immense growth in the market.
Visual expression has always been the most effective techniques of sharing thoughts, ideas and information. Humans can perceive and preserve any information better if seen through eyes. This is one of the major driver promoting the growth of visual projectors. With better wireless connectivity mediums and high definition projecting lens and lamps made projectors more convenient and accessible than ever before. The aforementioned factor is helping wireless projectors market to grow and expected to reach a considerable market value by 2029.
The EEG equipment market in 2020 was US$ 760.1 Mn and is expected to reach US$ 1,785.1 Mn by 2029 exhibiting growth at a compounded annual growth rate (CAGR) of 7.5% during the forecast period from 2021 to 2029. Electroencephalography (EEG) is the evaluation of the electrical activity taking place in the brain. It is used for the detection of neurological disorders such as seizures, epilepsy and other psychological ailments. The electrodes are usually placed on the scalp, subdural or the cerebral cortex etc. Quantitative EEG technique are very useful to guide psychiatrist regarding the use of antiepileptic drugs when compared to other psychotropic drugs irrespective of the psychiatric symptoms.
The global pneumococcal vaccines market held US$ 7,108.7 Mn in 2020 and expected to grow at compound annual growth rate (CAGR) of 5.1% during the forecast period from 2021 to 2029. Pneumococcal diseases are one of the leading cause of serious illness globally resulting in high number of hospitalization every year.
