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The drug-device combination products market is a rapidly growing sector within the healthcare industry that combines the benefits of pharmaceuticals and medical devices. These products consist of a combination of drugs and medical devices, which are designed to work together to deliver therapeutic treatments and enhance patient outcomes. The market revenue for drug-device combination products has been steadily increasing in ...

From 2023 to 2031, the global market for smart mining is predicted to expand at a CAGR of 17%. The term “smart mining” refers to the automation of the mining process through the use of cutting-edge technologies such as cloud computing, 3D imaging and modeling software, and automated equipment and hardware. It helps to give remote and real-time awareness of ...

In 2022, the market size for air-to-water heat pumps was valued at $25 billion, and it is expected to expand at a CAGR of over 15% from 2023 to 2031. Notable public and private institutions have exerted significant effort to enhance the operational performance of heat pump technologies on a global scale. Using a case study from April 2022, the ...

The rising demand for efficient and accurate diagnostic solutions, along with the rising prevalence of chronic diseases, are expected to drive the global medical imaging software market to a CAGR of 7.2% between 2023 and 2031. The medical imaging software industry includes tools that are essential in the fields of image acquisition, processing, visualisation, and analysis. By visualising the body’s ...

During the period from 2023 to 2031, the market for renewable energy integration with smart grids is projected to expand at a CAGR of 9.5%, propelled by three distinct drivers that have bolstered the synergy between clean energy and smart grids. The trajectory of the market for the integration of renewable energy with the smart grid is propelled by extraordinary ...

The market for image recognition systems is one of the fastest-growing subfields of computer vision and AI. It’s the process of creating and utilising tools that let computers decipher visual information. The healthcare, retail, automotive, security, and entertainment industries are just some of the many that make use of image recognition systems for tasks including object detection, facial recognition, pattern ...

The PVC foam sheet market is anticipated to expand at a CAGR of 4.5% during the forecast period of 2023 and 2031. The expansion of the PVC foam sheet market is fueled by the expansion of the building and construction industry, wind energy infrastructure, and marine applications. However, environmental concerns and sustainability pose a significant constraint, necessitating a comprehensive approach ...

The global next-generation batteries market is expected to witness significant revenue growth over the forecast period, with a CAGR of approximately 7% during the forecast period of 2023 to 2031. The increasing demand for high-capacity, long-lasting, and sustainable energy storage solutions has propelled rapid growth and innovation in the market for batteries of the next generation. Batteries of the next ...

During the period from 2023 to 2031, the drug discovery outsourcing market is projected to expand at a CAGR of 7.5%, driven by the rising demand for efficient and cost-effective drug development processes. Multiple stages, including target identification and validation, lead optimisation, and preclinical testing, contribute to the complexity and length of the drug discovery procedure. Contract research organisations (CROs) ...

In recent years, the market for solar-powered elevator has expanded significantly due to the increasing adoption of renewable energy solutions and the growing emphasis on sustainability in the construction and infrastructure industries. Using solar panels to generate electricity, solar-powered elevator reduce reliance on traditional utility power sources and offer an eco-friendly alternative. Several factors influence the spread of solar-powered elevator. ...