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NEW YORK, Jan. 6, 2021 /PRNewswire/ The global lithium-ion battery market size is expected to reach
USD 83.36 billion by 2027. according to a new study conducted by Polaris Market Research the market is
anticipated to register a CAGR: 12.6% from 2020 to 2027. Emergence and increasing popularity for Electric Vehicles (EV) is expected to drive the demand for lithium-ion battery in automotive industry. The automotive industry has been witnessing a palpable shift from using nickel metal batteries to lithium-ion batteries in plug-in vehicles and EVs. Beneficial physical characteristics such as small size and lightweight have bolstered the demand for li-ion (lithium-ion) batteries across the
is projected to reach USD 5.31 billion by 2027 according to a new study conducted by Polaris Market Research the market is anticipated to register a
CAGR of 5.1% from 2020 to 2027. An increasingly aging population has gradually resulted in a rise of cases of lewy body dementia, which is one of the primary factors driving the growth of the global market. A higher number of dementia cases in developed countries are creating strong demand for effective drugs and leading manufacturers bringing new products tailored to cure the disease are expected to fuel significant demand for dementia treatment in the global market. An increased government effort to spread awareness regarding the treatment for lewy body dementia and the rising prevalence of brain-related disorders is foreseen to strengthen the market growth.
size is expected to reach USD 1,154.2 million by 2027 and is registering a commendable CAGR of 9.2% From 2020-2027 The rise in the cases of chronic diseases such as diabetes and cancer is a key factor fueling market growth. Unhealthy lifestyle habits of smoking and alcohol consumption have resulted in the increased prevalence of non-communicable diseases which in turn drives the global market. In addition to this, physicians higher recommendation for anti-biofilm wound dressing products to treat chronic diseases further drives the market growth. A rise in the incidence of injuries during participation in sports and recreational activities propels the growth of the market. Apart from that, huge investment in healthcare infrastructure, technological advancements, and favorable government policies are also augmenting the growth of the global market for anti-biofilm wound dressing.
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NEW YORK, Dec. 14, 2020 /PRNewswire/ The global rapid medical diagnostic kits market size is predicted to reach
USD 23.04 billion by 2027 according to a new study conducted by
Polaris Market Research. The market is anticipated to register a CAGR 4.2% From 2020 – 2027 Increasing cases of infectious diseases, cardiovascular diseases, and chronic diseases are primary factors responsible for the surge in demand for the global rapid medical diagnostic kits market. A rise in awareness among consumers regarding the adoption of such medical kits is anticipated to fuel the growth of the global market. The rising investment by public-private institutions, new product developments, and awareness campaigns by governments are some of the key factors creating new growth avenues for the global rapid medical diagnostic kits market. An increase in the prevalence of
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USD 23.67 billion by 2027 according to a new study conducted by
Polaris Market Research. The market is
anticipated to register a CAGR of 2.9%
From
2020 – 2027.
An increase in COVID-19 patients across the world and the need for rapid diagnostics are anticipated to drive the growth of the global market. Several countries are conducting testing for the diagnosis of COVID-19 and to isolate patients affected by the virus, helping to limit its spread is one of the key factors boosting the market growth. Rising awareness among physicians and patients regarding the crucial benefits of COVID-19 diagnostics is positively influencing the market. Increased fear among people for infectious virus coupled with healthcare professional s suggestions for early diagnostics to contain the risk of virus infection, boost the global COVID-19 diagnostics market. The rise in government initiatives and programs to encourage early diagnostic testing