The pancreatic fistula treatment market stood at US$ 2,098.16 Mn in 2021 and projected to exhibit compound annual growth rate (CAGR) of 5.7% during the forecast period from 2025 to 2033. The International Study Group for Pancreatic Fistulas (ISGPF), defines post-operative pancreatic fistula as ‘external fistula with a drain output of any measurable volume after post-operative day three with an amylase level greater than three times the upper limit of the normal serum value’.
The overall RFID readers market expected to demonstrate double digit CAGR during the forecast period from 2025 to 2033. RFID technology has emerged among the most revolutionary elements across numerous applications including retail, industrial manufacturing, transportation, supply chain management, healthcare and various others. Due to its ease of use, reliability and greater detection range, RFID technology has witnessed profound penetration across numerous industry verticals, thereby emerging as replacement for barcodes.
The global event management software market was valued at US$ 6.43 Bn in 2017 and expected to expand at a CAGR of 11.2% during the forecast period from 2018 to 2026. With the myriad of trade shows, conferences, meetings, and social events held worldwide, event management has grown into a multi-billion dollar industry.
The global identity theft protection services market was valued at US$ 8.62 Bn in 2019 expanding at a CAGR of 12.7% from 2020 to 2028. Identity theft is rising at an alarming rate resulting in heavy financial losses to business enterprises as well as individuals. Factor such as rising e-commerce sector, online payment, digitization of government records & IDs has made data privacy and security more vulnerable.
The utility task vehicles (UTV) market witnessed a high uptick in the recent few years and registered US$ 4.63Bn in 2019 that is projected to reach US$ 7.88Bn in 2028 growing at a steady CAGR of 6.1% throughout the forecast period from 2020 to 2028.
Rubber Diaphragm market expected to grow at a CAGR of 4.2% from 2018 to 2026 and reach US$ 11.42 Bn in 2026. A diaphragm is defined as a flexible barrier that spans the gap between a moving and stationary units/members. The basic function of diaphragm is to prevent fluid interchange between two separated chambers.
Piezoelectric sensor is a device capable of detecting pressure changes, temperature variations along with deviations in forces by utilizing the mechanism of piezoelectric effect. Increasing demand for highly accurate pressure sensors from inferior application verticals such as diesel fuel injectors and solar equipment, augmenting the growth of piezoelectric sensors market worldwide.
The global automated border control market was valued at US$ 526.7 Mn in 2017 and expected to expand at a CAGR of 18.3% during the forecast period from 2018 to 2026. National borders are strategic transit points and hence demand implementation of highest standards of control for protecting passengers and citizens alike.
Global UHF RFID inlays market was valued US$ 355.0 Mn in 2017 and set to grow at a CAGR of 14.8% throughout the forecast period from 2018 to 2026. The market mainly driven by rising adoption of RFID technology across several end-use verticals worldwide.
The global market for agriculture sensors is expected to cross US$ 2.75 Bn by 2026 at a CAGR of 12.8% throughout the forecast period from 2018 to 2026. Countries across the world are facing challenges from rising population and their food demand. According to United Nations (UN), the global populations is expected to reach 9.7 billion by 2050 from 7.3 billion in 2015.