Reservoir Analysis Market to Reach $11.96 Billion by 2026; Technological Advances Have Played a Major Role in the Growth of the Market, says Fortune Business Insights™ List of the Companies Profiled in the Market: Halliburton (U.S.), Schlumberger (U.S.), Core Laboratories (U.S.), SGS (Switzerland), Baker Hughes (U.S.), Weatherford (U.S.), Emerson (U.S.), ALS (Australia), Intertek (U.K.), CGG (France), NUTECH (U.S.), Tracerco Ltd (U.S.), Trican Well Service Ltd. (Canada), Expro (England)
February 19, 2021 05:55 ET | Source: Fortune Business Insights Fortune Business Insights
Pune, India, Feb. 19, 2021 (GLOBE NEWSWIRE) The global
reservoir analysis market size is projected to reach USD 11.96 billion by the end of 2026. The increasing oil and gas exploration activities will have a direct impact on the growth of the market in the coming years. According to a report published by Fortune Business Insights, titled “
(MENAFN - GlobeNewsWire - Nasdaq) Pune, India, Feb. 19, 2021 (GLOBE NEWSWIRE) The global reservoir analysis market size is projected to reach USD 11.96 billion by the end of 2026. The increasing oil and gas exploration activities will have a direct impact on the growth of the market in the coming years. According to a report published by Fortune Business Insights, titled Reservoir Analysis Market Size, Share & Industry Analysis, By Service (Geo-modelling & Reservoir Simulation, Data Acquisition & Monitoring, and Reservoir Sampling), By Application (Onshore and Offshore), and Regional Forecast, 2019-2026 , the market was worth USD 8.18 billion in 2018 and will exhibit a CAGR of 4.9% during the forecast period, 2019-2026.
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The global bancassurance market reached a value of US$ 1191 Billion in 2020. Bancassurance refers to an arrangement between a bank and an insurance firm, wherein the bank can earn additional revenue by selling the products of the insurance company. It also helps to expand the financial product portfolio of banks, thereby increasing their turnover with little or no capital outlay which further gives a high return on equity. Since banks have become the main distribution channels for insurance products, bancassurance also benefits the insurance firms as it increases their market reach and expands their consumer base. As this arrangement can be profitable for both companies, it is gaining popularity across the globe. Looking forward, the publisher expects the global bancassurance market to reach a value of US$ 1696 Billion by 2026, exhibiting a CAGR of 5.98% during 2021-2026.
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A cataract refers to the clouding of the eye s natural lens, which lies behind the iris and pupil. It is the most common cause of vision loss in people over the age of 40 years and one of the chief causes of blindness in the world. Cataract is treated with surgical procedures in which the surgeon removes the clouded lens and replaces it with an artificial lens. Cataract surgery is very successful in restoring vision, and thus represents one of the most common surgical procedures. According to the publisher s latest report, titled Cataract Surgical Devices Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2021-2026 , the global cataract surgical devices market reached a value of US$ 7.7 Billion in 2020.