Global Industry Analysts, Inc. - Influencer Driven AI Powered Real-Time Market Intelligence

The global market for Medical Lasers is projected to reach US$6.9 billion by 2024 , driven by factors such as rise in geriatric population, increasing prevalence of ophthalmic diseases and dental disorders, increasing demand for non-invasive /minimally invasive aesthetic procedures, and technological advancements. Medical lasers enable smaller incisions, lesser pain and faster recovery as well as low cost compared to the traditional surgical procedures. Key application areas for medical lasers include ophthalmology, oncology, cosmetic surgery, dentistry, cardiology, gynecology, dermatology, gastroenterology, diagnostics and urology. Major factors driving growth of medical lasers include improved adoption in diagnostic applications and therapeutic procedures, technological advancements and rise in geriatric population that is resulting in higher prevalence of eye and various other conditions that require surgical intervention for treatment.  In areas such as dentistry, lasers ar...

The global market for Residential Generators is forecast to exceed US$11.5 billion by 2024 , driven by growing prominence of smart generators integrated with smart technologies and connectivity enabling accessible, efficient, and affordable backup power for the powerless. Given the changing lifestyles, continued penetration of household electronic appliances, and growing reliance on smartphones and mobile communication and information technology devices, there has been and will always be huge demand for uninterrupted electricity that can power these devices and enable them run even during prolonged power outages. As machines designed to provide temporary electrical power to households during utility power supply outages, residential generators have become highly popular over the years and currently represent a multi-billion dollar market. The need for uninterrupted power supply is essentially crucial for certain critical applications such as home-based medical equipment, home heater...

The global market for Grinding Machines is projected to exceed $5.9 billion by 2024 , driven by growing proliferation of revolutionary and smart grinding platforms and solutions amidst the urgent need for delivering ever increasing levels of dimensional accuracy, unimaginable tolerance levels, and high precision in demanding applications. Grinders are machines that use abrasive rotating wheels for slowly, yet precisely, removing material from parts. In comparison to milling that quickly removes large quantities of material, grinding is a refining process that leads to superior finish at very high tolerances. Apart from finishing flat materials, grinding is also used for creating complex grooves and refining cylindrical parts. Depending on material type and required results, there are different types of grinding machines including cylindrical, centerless, and surface, among others. Widespread applications of grinding machines include roughing as well as finishing flat, conical and cyl...

The global market for Palletizing Machinery is projected to reach US$2.9 billion by 2024 , driven by high thrust on industrial automation in the era of smart manufacturing, effervescent technology advancements and innovations, and healthy outlook for end-user industries. A pallet is a raised platform upon which products and items are placed in the form of bags, cases, bottles, cans or boxes etc., to make bulk handling of products much more simple and flexible than ever imagined in end-of-line packaging and in transit consignments. With the exception of single unit parcel items, pallets are used in shipment of all types of products in any quantity that are unitized into a space-efficient, high-density, easily handled load for transportation throughout the distribution system. Palletizing equipment is optimized with the use of buffer systems to work as mechanical palletizers or to work with robots. The palletizers market is flourishing due to myriad benefits of palletizing machines th...

The global market for Video Games is projected to reach US$241 billion by 2024 , driven by advent of exciting technology trends, continuous rise in mobile phone users, increased consumption of video games by changing demographics of modern players, and rise in perceived educative value of video games. Video games are essentially realism inspired simulations that revolve around car racing, sports, business simulations, civilization development and combat, among others. Abstract simulations make use of realistic graphics and include adventure, space battle and fantasy games. Video games are an interactive gaming experience realized across various platforms such as console, PC, handheld, online, wireless, and others. Video games software typically refers to the gaming program or gaming titles which is stored electronically and sold on physical media storage devices or digital versions, which can be run on home consoles, PCs and mobiles. The huge success of console and PC based game...

The global market for Prenatal Diagnostics is projected to reach US$6.8 billion by 2022 , driven by delayed pregnancies, rising incidence of chromosomal anomalies in the fetus causing Down’s syndrome and other disorders, and technological improvements that minimize false negatives and enhance accuracy in results. Prenatal testing involves screening and diagnostic methods carried out during pregnancy for various purposes, such as determination of fetal sex and identification of potential genetic and chromosomal abnormalities of the fetus. cff-DNA refers to cell-free fetal DNA, which escapes into the maternal blood circulation via the placenta, and offers crucial information about the fetal genetic makeup and links to any potential disease. Non-Invasive Prenatal Testing (NIPT) technique analyzes cff-DNA in the maternal blood sample to detect chromosomal aneuploidies, especially trisomy of the chromosome 21, which is commonly called Down’s syndrome. NIPT is more accurate than serum...

The global market for Automotive Lead Acid Batteries is forecast to reach 623.5 million units by 2024 , driven by continuous R&D efforts and new technology breakthroughs aimed at helping the lead acid technology meet emerging automotive engineering design, performance and environmental challenges. As the most important portable power source, batteries are vital for an optimally functioning automobile. The battery supplies electrical power to the starter motor and the ignition system required to start the engine. It provides the electrical juice required to keep the vehicle up, running and in motion at all times. In modern automobiles, batteries play a vital role that goes beyond the starting and charging systems and electrical lighting. The increasing proliferation of electronic systems in the car had additionally catalyzed the importance of batteries. Batteries today support additional electrical loads exerted by electronic sub-systems such as electric power steering, electr...

The global market for Web Content Filtering is projected to reach US$4.9 billion by 2024 , driven by increasing volume and complexity of cyber-attacks, growing investments by organizations and governments in web security, replacement of legacy solutions, and growing compliance to regulatory requirements.   While the Internet-powered modern connected world brings in numerous advantages for individuals and enterprises, it also brings in its fair share of challenges and perils. The growing use of Internet has brought to fore threats posed by malware, spyware, spam, spoofing, phishing, botnets, unauthorized data leakages and access to confidential information networks and identity thefts, among others. Against this backdrop, a wide range of cyber security solutions, including web content filtering, are witnessing significant growth in demand. Web content filtering solutions refer to software programs that enable controlling of access to content on the internet and restricting de...

The global Bathroom Scales market is projected to reach US$3.1 billion by 2024 , driven by growing health consciousness among consumers and increasing concerns over obesity epidemic that are encouraging consumers to focus on weight monitoring measures including the use of bathroom scales. A bathroom scale or a personal weighing scale is an essential accessory for health conscious individuals focused on constant monitoring and management of weight to stay fit, active and healthy. A personal weighing scale has a vital role to play in enhancing health consciousness levels by allowing users to frequently check weight and undertake self-assessments of their body weight readings. Present day bathroom scales not only measure the weight, but also body read other parameters such as mass index, bone mass, body fat percentage, besides featuring advanced capabilities such as connected apps and fitness trackers. Global market for bathroom scales is on a steady growth trajectory driven mai...

The global Biostimulants market is projected to reach US$3.1 billion by 2024 , driven by growing need to enhance agricultural output to meet the needs of growing global population, as well as the trend of increasing consumption of organic foods across the world, and other factors such as rising concerns on environmental impact of agricultural practices, increasing awareness among growers and emergence of effective and research-based products. Biostimulants are substances of biological origin which when applied to the soil, seed, plant or any other growing media, enhances the plant’s nutrient-using capability. These are products meant for inclusion in regular fertilization practices, and are neither fertilizers nor pesticides but natural plant growth regulators capable of rendering a positive impact on overall health of the plant when applied in small quantities. While biostimulants have been in use for several decades, research work in the area and use of research based products ...

The global market for Bone Densitometers is projected to reach US$1 billion by 2024 , driven by the aging population, rising incidence of osteoporosis, growing awareness and technological advances.    The global market for bone densitometers is witnessing sizable growth, with a potential to grow further over the forthcoming period. Increasing geriatric population and associated increase in prevalence of osteoporosis and growing number of related fractures are the major factors driving growth in the market. Given its capability to non-invasively diagnose body mass and bone density, bone densitometers are finding increasing use in addressing the diagnostic needs of growing geriatric population worldwide. Other factors driving growth in the global market include growing prevalence of osteoporosis among women, increasing incidences of vitamin D deficiencies, rising demand from emerging markets, and growing advances on the technological front in these systems. Extension of a...

Global Weight Control Products market is projected to reach US$30.9 billion by 2024 , driven primarily by the growing concerns over increasing obese and overweight population and the subsequent consumer shift towards healthy foods and beverages as a weight management strategy. Obesity, which results from energy imbalance between calories consumed and calories expended, is emerging as one of the major issues confronting the healthcare sector across the world. Fueled by rising income levels, increasing affluence, growing preference for processed foods, reduced physical activity and sedentary lifestyles, obesity has reached pandemic proportions worldwide. Though not regarded a disease by itself, obesity is known to increase the risk of related chronic health conditions such as type 2 diabetes, hypertension, osteoarthritis, obstructive sleep apnea, cardiovascular risks, cancer, and chronic musculoskeletal problems, among others. The most efficient approach for achieving the desired ...