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Europe Automotive Tire Market to Reach $26,327.8 Million By 2024

Submitted by PrmaodKr on Wed, 10/19/2022 - 23:49

The European automotive tire market size is likely to reach $26,327.8 million by 2024 and is expected to grow with a CAGR of 4.5% during the forecast period.

The development of the automobile industry in Europe is the key contributor to the growth of the tire market in the region. Additionally, with the increasing average lifespan of vehicles due to technological advancement, the replacement market of automotive tires is expected to boost enormously, leading to the growth of the overall tire market in Europe, according to P&S Intelligence.

Automotive Sunroofs Cancel Wind Noise

Submitted by PrmaodKr on Fri, 08/12/2022 - 22:23

Automobile manufacturers are making significant investments to curtail in-vehicle noise and enhance passenger comfort. As a part of this initiative, carmakers are installing sunroofs to reduce the wind noise that has a strong influence on the owner’s perception of vehicle quality. The manufacturers are designing universal sunroof systems to suppress the buffeting on any vehicle.

Advancements in Laser Technology To Escalate Medical Aesthetics Demand

Submitted by PrmaodKr on Fri, 07/15/2022 - 23:26

Medical aesthetics refers to the branch of scientific research that uses minimally invasive treatment devices and procedures, which help improve the physical appearance of an individual. This branch encompasses a wide array of treatment procedures and devices that are used to reduce fine lines and wrinkles; treat scars; rejuvenate, oxygenate and, tighten the skin; minimize fat; and eliminate stretch marks. Thus, the rising public consciousness about physical appearance will accelerate the adoption of medical aesthetic products in the forthcoming years.

How Will High Cancer Burden Strengthen Nuclear Imaging Equipment Market?

Submitted by PrmaodKr on Fri, 07/15/2022 - 23:23

A number of factors, such as the rising burden of cardiovascular diseases (CVDs), neurological disorders, and cancer, increasing availability of technologically improved products, escalating healthcare spending, and soaring geriatric population, are expected to fuel the nuclear imaging equipment market at a CAGR of 4.8% during the forecast period (2017–2023). Nuclear imaging equipment is used to diagnose cancer, investigate blood circulation, and evaluate organ disorders through radiations emitted by radioisotopes used in such medical products.

Mushrooming Population of Geriatric People Driving Age-Related Macular Degeneration Market Growth

Submitted by PrmaodKr on Fri, 05/27/2022 - 23:02

Furthermore, the market will demonstrate a CAGR of 7.6% from 2016 to 2022 (forecast period), as per the estimates of the market research firm, P&S Intelligence. The market is being driven by the increasing incidence of chronic diseases, surging healthcare expenditure in several countries, soaring pipeline of AMD drugs, and mushrooming population of geriatric people all over the world.

Rising Skin Disease Prevalence Augmenting Dermatology Drugs Demand

Submitted by PrmaodKr on Fri, 05/27/2022 - 22:59

As per the World Health Organization (WHO), skin diseases affect around 900 million individuals across the world at any time. The WHO further states that 1.20 million new skin cancer cases (non-melanoma) were reported in 2020. Some of the most common skin disorders are warts, pyoderma, eczema, acne, and scabies. Such diseases are primarily caused by trauma, aging, genetic factors, and environmental elements. Owing to the increasing cases of such skin diseases, there will be a substantial need for dermatology drugs to cure these disorders.

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