Global $23 6 Billion Medical Imaging Equipment Services Market to 2025 prnewswire.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from prnewswire.com Daily Mail and Mail on Sunday newspapers.
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A revised analysis puts the global market size at US$5.4 billion for the year 2027.
The COVID-19 induced recession has now cast serious questions on the ability of governments and companies to earmark financial commitments in times of crisis.
The only hope for the market in successfully mitigating the short- and long-term damage of the crisis, is securing fiscal stimulus from governments. However, the commitment of pandemic scarred deficit widened governments in funding innovation ecosystems is yet to be seen.
Most R&D budgets which are so vital for innovation are largely dependent upon financial support from governments. Healthy financial performance of companies also determines the extent of willingness to reinvest earnings into R&D and new product development.
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The Challenge of Feeding 7.5 Billion People Brings Biological Seed Treatment into the Spotlight for a $1.9 Billion Global Opportunity.
The global Biological Seed Treatment market is expected to reach US$1.9 billion by the year 2027, trailing a post COVID-19 CAGR of 9.2% over the analysis period 2020 through 2027.
Population growth is faster than the increase in crop productivity. Climate changes & increase in surface temperatures are additionally impacting crops yields negatively. By 2050, crop production per person & income is expected to fall by 22.5% compared to 2010 if the gap between actual yield & yield potential remains constant.
Biological Seed Treatment, one of the many ways to improve yields, will witness robust adoption. The treatment enhances crop yields by increasing crop resistance to pathogens, minimizing biotic stress & maximizing resistance to temperature changes. Seed treatment induces
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COVID-19 Accelerates Acceptance of Vegetarianism & Also the Emphasis on the Environment. Protein Alternatives to Gain $4.7 Billion on Both Counts
The global market for Protein Alternatives is projected to reach US$4.7 billion by the year 2027, trailing a post COVID-19 CAGR of 8% over the analysis period 2020 through 2027.
Non-animal based sources of protein are environmentally sustainable as compared to crop and animal based sources. By the year 2050, approximately 75% more food will be required to feed the population thereby exerting huge pressure on food production systems. By 2050, it is estimated that the agriculture industry, crops & livestock farming will be faced with the challenge of producing 974 more calories per person per day. In comparison arable land is expected to decrease. As population continues to grow and availability of arable land declines, demand for alternative protein sources is po
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Consisting of Services Involving Close Physical Proximity, Aesthetic Services Suffers the Ravages of Physical Distancing as a Key Measure Against COVID-19 Spread
The global market for Aesthetic Services is expected to slump by -8.7% in the year 2020 and thereafter recover and grow to reach US$24.9 billion by the year 2027, trailing a post COVID-19 CAGR of 6.2% over the analysis period 2020 through 2027.
With COVID-19 restricting the type of care to only essential services during the quarantine period, elective surgeries, non-essential medical, surgical, and aesthetic procedures witnessed a significant decline in revenues. A good percentage of these clinics completely halted operations while others resorted to reducing the number of working hours leading to significant reductions in their revenues. Clinics had to follow completely new protocols of working for continuing safe operations which also proved to