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Showing posts from February, 2024

Demand Discovery: Automatic Visual Inspection Systems Market Research Techniques for Predicting Revenue Streams

  The global automatic visual inspection systems market size was USD 14.46 Billion in 2022 and is expected to register a rapid CAGR of 12.3% during the forecast period. Automatic visual inspection systems are used to detect defects or faults in manufactured products through the use of cameras and image processing software. The automatic visual inspection systems market is expected to experience significant growth in the coming years, driven by several factors. One of the primary drivers of growth in the automatic visual inspection systems market is the increasing demand for quality control and inspection in manufacturing. As consumers become more demanding and competition increases, manufacturers are under pressure to produce products of higher quality at a faster pace. Automatic visual inspection systems can help manufacturers to achieve this by quickly and accurately detecting defects or faults in products, allowing them to be corrected before they are shipped to customers. The...

Demand Discovery: Patient Lifting Equipment Market Research Techniques for Predicting Revenue Streams

  According to the most recent analysis by Emergen Research, the size of the global market for patient lifting equipment is anticipated to reach USD 14.24 billion in 2032 and see a revenue CAGR of 12.7% during that time. One of the elements influencing the market's revenue growth is the rising danger of damage to healthcare professionals when handling patients physically. The Healthcare and Social Assistance sector (HCSA) has one of the highest and most consistently rising rates of occupational diseases and injuries. The Bureau of Labour Statistics (BLS) reports that in 2020, there will be a 40% increase in accident and illness cases. Nursing assistants had the highest frequency of musculoskeletal disorders of any job in 2020, with 15,360 cases. Musculoskeletal issues accounted for 52% of all nursing assistant absences from the workplace. As a result, the demand for patient lifting equipment is anticipated to grow over the forecast period. The  Patient Lifting Equipment market...

Demand Discovery: Onboard Carbon Capture System Market Research Techniques for Predicting Revenue Streams

  The global onboard carbon capture system market size was USD 924 Million in 2022 and is expected to register a revenue CAGR of 8.3 % during the forecast period, according to latest analysis by Emergen Research. Onboard Carbon Capture (OCC) system is a new technology that combines energy efficiency and alternative fuels to create a circular solution for lowering maritime CO2 emissions. According to the United Nations Conference on Trade and Development (UNCTAD), the worldwide maritime industry is largely reliant on fossil fuels, emitting around 1.2 gigatons of carbon dioxide equivalents (CO2e) and accounting for about 3% of global Greenhouse Gas (GHG) emissions. Worldwide, marine and shipping companies are widely implementing Onboard Carbon Capture (OCC) systems in order to cut down on greenhouse gas emissions by half by 2050. Commercial and defense aircraft producers are looking for long-term solutions to achieve decarbonization of the aviation industry. Onboard Carbon Capture (O...

Demand Discovery: Photoelectric Sensor Market Research Techniques for Predicting Revenue Streams

  The global photoelectric sensor market size is expected to reach USD 3.62 Billion in 2032 and register a steady revenue CAGR of 7.8% over the forecast period, according to latest analysis by Emergen Research. Surging adoption of industrial robots in countries across various regions can be attributed to steady revenue growth of the global photoelectric sensor market. Global manufacturing companies are shifting to intelligent factories as a result of technological advancements in Industrial IoT, Augmented Reality (AR), cloud computing, and other areas. These factories enable automation, information, and intelligent industrial output. For instance, industrial robots will be essential to the shift to smart production. A mechanical device that autonomously completes duties is known as an industrial robot. It can follow instructions from individuals, carry out pre-programmed tasks, or use Artificial Intelligence (AI). Additionally, it can help the company reduce production costs and im...

Demand Discovery: Electronic Shelf Label Market Research Techniques for Predicting Revenue Streams

  The global electronic shelf label market size is expected to reach USD 4.79 Billion in 2032 and register a steady revenue CAGR of 13.8% over the forecast period, according to latest analysis by Emergen Research. High demand for price optimization from retailers can be attributed to steady revenue growth of the global electronic shelf label market. Retailers still need to act after receiving real-time pricing update or input. The advantages of dynamic pricing are constrained by the frequency of price adjustments. Electronic Shelf Labels (ESLs) are effective and offer significant cost and labor savings. Cost for printing tags and labels is obsolete and time and manual effort for changing price tags is not required. Also, as AI price optimization is used, the opportunities double. According to research, a retailer can get a far faster Return on Investment (ROI) and significantly higher profit potential, up to 33% more profit value potential, when they use ESLs to remove the manual r...

Demand Discovery: Clinical Microbiology Market Research Techniques for Predicting Revenue Streams

  The global clinical microbiology market size is expected to reach USD 8.17 Billion in 2032 and register a steady revenue CAGR of 6.5% during the forecast period, according to the latest analysis by Emergen Research. Clinical microbiology market revenue growth is expected to be driven by growing funding and investments for research studies and the development of newer technologies in laboratory automation. For instance, on 23 September 2021, Opentrons Labworks Inc. announced that SoftBank Vision Fund, with participation from Khosla Ventures, has led the company's USD 200 million Series C investment. This round of funding will be used by Opentrons to expand the company's global investment in its automated lab platform. To provide high-quality and reasonably priced end products, the lab platform integrates the development of lab robots, tests, and operations in a unique way. The  Clinical Microbiology market  offers valuable information about the key segments and sub-segme...

Demand Discovery: Pharmacy Automation Market Research Techniques for Predicting Revenue Streams

  The global pharmacy automation market size was USD 5.41 Billion in 2021 and is expected to register a steady revenue CAGR of 8.3% during the forecast period, according to latest analysis by Emergen Research. Rising need for reducing errors in medication, technological advancement in pharmacy and medical sectors, increasing adoption of robots in pharmaceutical industries, and government initiatives for vaccine and drug dispensing are key factors driving t market growth revenue. The  Pharmacy Automation market  offers valuable information about the key segments and sub-segments, revenue generation, demand and supply scenario, trends, and other vital aspects. The report offers an accurate forecast estimation of the Pharmacy Automation industry based on the recent technological and research advancements. It also offers valuable data to assist the investors in formulating strategic business investment plans and capitalize on the emerging growth prospects in the Pharmacy Auto...

Demand Discovery: Veterinary Point of Care Diagnostics Market Research Techniques for Predicting Revenue Streams

  The global veterinary Point of Care (PoC) diagnostics market size is expected to reach USD 4.36 Billion at a steady revenue CAGR of 8.9% in 2032, according to the latest analysis by Emergen Research. Advantages of POCT can be attributed to the steady market revenue growth of veterinary PoC diagnostics. Point-Of-Care Testing (POCT) allows for quicker clinical decision-making during the processes of diagnosis (rule-in or rule-out), treatment selection and monitoring, and prognosis, as well as operational decision-making and resource usage. So, for all of the aforementioned reasons, it is possible to think about how POCT can play a part in easing the pressure on Erectile Dysfunction (ED). Since POCT has been used in urgent care facilities and paramedical vehicles, it can be offered in all of these care contexts and speed up decision-making if a referral was perhaps necessary. In addition, it has been proposed that urgent care facilities could be used to address less urgent problems,...

Demand Discovery: Biofilms Treatment Market Research Techniques for Predicting Revenue Streams

  The global biofilms treatment market size is expected to reach USD 4.08 Billion in 2032 and register a steady revenue CAGR of 7.9% during the forecast period, according to latest analysis by Emergen Research. Rising prevalence of burn injuries is a major factor driving market revenue growth. 180,000 fatalities are attributed to burns each year, with majority occurring in low- and middle-income countries. Non-fatal burn injuries is one of the main reasons for morbidity. Burns typically occur at home or at work, which are preventable. Biofilms in burns cause serious problems since they cause 60% of burn mortality and quickly develop antibiotic resistance in bacterial colonies. Acinetobacter baumanii, methicillin-resistant staphylococcus aureus, and pseudomonas aeruginosa are important pathogens. This objective is to identify novel and established therapies to reduce biofilms on patient burns, hospital surfaces, and equipment. The  Biofilms Treatment market  offers valuabl...