Akshay's blog

The global size of  vitamin D market reached USD 1.3 Billion in 2022 and is poised to attain USD 2.4 Billion by 2032, exhibiting a revenue compound annual growth rate (CAGR) of 7% during the forecast period. Key drivers for the surge in market revenue include the increasing demand for fortified foods and supplements, a rise in the prevalence of chronic diseases, and a growing public awareness of the benefits associated with vitamin D.

The global size for surgical sealants adhesives market on a global scale amounted to USD 1.82 Billion in 2022 and is projected to achieve USD 2.59 Billion by 2032. It is anticipated to experience a swift revenue compound annual growth rate (CAGR) of 8.5% throughout the forecast period.

The global size for orthopedic braces and supports market reached USD 5.35 Billion in 2022 and is poised to attain USD 9.84 Billion by 2032, exhibiting a noteworthy revenue compound annual growth rate (CAGR) of 7% throughout the forecast period. The expansion in market revenue is attributed to various factors, including the increasing prevalence of orthopedic disorders, a growing geriatric population, a rise in sports-related injuries, and an escalating demand for non-invasive and minimally invasive surgical solutions.

The global size for nerve repair and regeneration market was USD 7.54 Billion in 2022 and is projected to escalate to USD 18.27 Billion by 2032. It is anticipated to experience a robust revenue compound annual growth rate (CAGR) of 8.7% throughout the forecast period. The significant surge in market revenue is propelled by the increasing prevalence of neurological illnesses and the growing demand for products and services related to nerve repair and regeneration.

The global size for antifungal drugs market reached USD 11.60 billion in 2022 and is anticipated to exhibit a revenue CAGR of 3.4% throughout the forecast period. A significant driver behind the market's revenue growth is the increasing prevalence of fungal infections such as mucormycosis, Candidiasis, dermatophytosis, and aspergillosis across all age groups. These infections necessitate the use of antifungal medications, which find application in treating a range of conditions, including skin, nail, lung, and organ-related fungal infections.

In 2022, the global size for Alzheimer's therapeutics market reached USD 5.2 billion, and it is anticipated to achieve a value of USD 7.8 billion by 2032, with a compound annual growth rate (CAGR) of 4.2% throughout the forecast period. The primary driver behind this revenue surge is the escalating incidence of Alzheimer's disease, attributed to aging populations and changes in lifestyle.

The global market size for cell harvesting systems market was USD 6.24 billion in 2022 and is projected to reach USD 13.11 billion by 2032, indicating a compound annual growth rate (CAGR) of 8.6% throughout the forecast period. Key drivers of this market expansion include the prevalence of chronic diseases, an increased demand for stem cell-based therapies, and heightened investment in cellular research.

The global size for white biotechnology market reached USD 302.05 billion in 2022, and it is anticipated to attain USD 741.89 billion by 2032, reflecting a compound annual growth rate (CAGR) of 10.5% throughout the forecast period. The surge in demand for sustainable solutions across various industries, such as food and beverage, pharmaceuticals, and agriculture, is expected to drive substantial growth in the white biotechnology market.

The global market for cryogenic freezers reached a size of USD 203.3 million in 2022 and is anticipated to attain USD 373.76 million by 2032, reflecting a revenue compound annual growth rate (CAGR) of 7% throughout the forecast period. The increasing need for cryogenic freezers in biomedical research, pharmaceuticals, and biobanking applications, along with the growing prevalence of In-Vitro Fertilization (IVF) procedures, stands as pivotal contributors to the escalating revenue in the market.

The market worth of medical dynamometers was USD 650.84 million in 2022 and is projected to attain USD 1099.85 million by 2032, demonstrating a 6% Compound Annual Growth Rate (CAGR) throughout the forecast period. The rising popularity of medical dynamometers equipped with advanced technology, offering user-friendly operation and precise readings, is notable.