The global cable modems market was valued at US$ 6,455.5 Mn in 2017 and is expected to witness considerable growth of 6.5% throughout the forecast period from 2018 to 2026, with rising demand for high speed broadband networks to access multiple devices. Residential consumers are looking forward to connect their multiple smart devices with Internet for their daily data need which is increasing the demand for external cable modems globally.
The dental bone graft substitute and other biomaterials market is set to reach US$ 2,337.8 Mn by 2029 from US$ 969.0 Mn in 2020 highlighting impressive growth at a compounded annual growth rate (CAGR) of 10.3% during the forecast period from 2021 to 2029. As per the statistics provided by the Global Burden of Disease Study (GBD) periodontitis is considered as the sixth most prevalent disease worldwide affecting approximately 743 million people worldwide. The global prevalence rate of periodontitis is 11.2%, factors responsible for the disease etiology are chewing of tobacco & betel nuts, craving for sugar candies and poor oral hygiene.
Demand for home fragrances has witnessed a steady growth over the past few years and expected to display a similar trend in the coming years as well. Asia Pacific expected to display a faster growth rate compared to the other regions for home fragrances, with China, India and Japan displaying promising growth during the forecast period. High population growth is a key reason for the growth of this market in Asia pacific.
The global chromatography systems market is growing fruitfully, valued at US$ 7.5 Bn in 2020 and expected to reach US$ 13.79 Bn by 2029. Worldwide increasing need for separation analysis in pharmaceuticals, environmental/water, biotechnology, food & agriculture applications will enhance the overall growth of the chromatography systems globally.
The global market for latex caulk was valued at US$ 285.3 Mn in 2017 and expected to reach US$ 424.6 Mn by 2026, growing at a CAGR of 4.6% during the forecast period from 2018 to 2026. Asia Pacific accounted for the dominant share in 2017 and expected to retain its position throughout the forecast period.
Humans are producing more waste than ever and hence reducing the volume of waste has become an utmost necessity to reduce the landfills. The volume reduction can be done efficiently with the help of industrial shredders. Consequently, industrial shredders market registered market value of US$ 809.7 Mn in 2020. The market is projected to reach US$ 982.2 Mn by 2029 growing with a growth rate of 2.2% throughout the forecast period from 2021 to 2029.
The global implant biomaterials market is growing steadily, valued at US$ 42.10 Bn in 2020 and expected to attain US$ 77.44 Bn by 2029. Worldwide growing adoption of orthopedic implants, dental and cardiovascular procedures, usage of advanced biomaterials along with preference for minimally invasive surgeries drive the growth of the market. Furthermore, the rising medical tourism in developing nations, growing healthcare expenditure, swift approval of new advanced biomaterials, and growing demand for customized implants in the dental segment are also fuelling the overall implant biomaterials market.
The global genomics market held US$ 18,964.2 Mn in 2020 and expected to grow at compound annual growth rate (CAGR) of 10.4% during the forecast period from 2025 to 2033. The exploration of genomics has surpassed in the last three decades to massive advancements in the technology that allowed the researchers to sequence larger pieces of genome.
The electric vehicle battery market was valued at US$ 3.59 Bn in 2020 and expected to grow at a CAGR of 20.2% during the forecast period from 2021 to 2029. The electric car revolution has become a hot investing theme in recent years as many believe it will transform the future of transport. Currently, push factors such as government support through taxes and incentives coupled with regulations on emissions are driving the market for electric vehicles. The aforementioned factors further make electric vehicles cheaper than cars with internal combustion engines (ICE) owing to which carmakers are investing heavily on R&D activities.
The sewing machines market was valued at US$ 62.35 Bn in 2020 and expected to be growing at a compounded annual growth rate (CAGR) of 4.6% from 2021 to 2029. After decades of struggle, the sewing machine market is finally experiencing a boost mainly owing to renewed interest in the DIY (do-it-yourself) culture.
