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The global multiplex assay market size was USD 3.32 Billion in 2021 and is expected to register a rapid revenue CAGR of 8.3% during the forecast period. Multiplex assays are used to simultaneously measure multiple analytes in a single sample, which can be particularly useful in clinical diagnostics and drug discovery. The multiplex assay market is expected to grow significantly in the coming years, driven by several factors.
One of the primary drivers of growth in the multiplex assay market is the increasing prevalence of chronic and infectious diseases.
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The global veterinary infectious disease diagnostics market size was USD 1.70 Billion in 2021 and is expected to register a CAGR of 9.1% during the forecast period. The veterinary infectious disease diagnostics market refers to the tools and methods used to diagnose infectious diseases in animals. This market is expected to grow significantly in the coming years, driven by several factors.
One of the primary drivers of growth in the veterinary infectious disease diagnostics market is the increasing prevalence of infectious diseases in animals.
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The global veterinary endoscopy market size was USD 205.1 Million in 2022 and is expected to register a CAGR of 6.5% during the forecast period. This market involves the use of endoscopes in veterinary medicine, which are medical devices used for diagnostic and therapeutic procedures. Endoscopy allows veterinarians to visualize and treat internal organs and tissues without invasive surgery. One of the primary drivers of growth in the veterinary endoscopy market is the increasing number of pet owners worldwide.
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The global breast cancer liquid biopsy market size reached USD 5.14 Billion in 2022 and is expected to register a revenue CAGR of 22.7% during the forecast period, according to latest analysis by Emergen Research. Rising demand for minimally invasive approaches in oncology is driving revenue growth of the market. Liquid biopsy is a non-invasive method for identification of tumor markers, either as an alternative for patients whose tissue is unable to be biopsied, or to evaluate drug response. It is less costly than tumor tissue biopsy and offers an accurate understanding of genomic landscape of a tumor.
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The global neurosurgery devices market size is expected to reach USD 36.00 Billion in 2032 and register a steady revenue CAGR of 13.0% over the forecast period, according to latest analysis by Emergen Research. Increasing prevalence of neurological conditions is a major factor driving neurosurgery devices market revenue growth during the forecast period. For instance, the tenth major cause of mortality for adults is brain and other nervous system cancer. In 2022, primary malignant brain and Central Nervous System (CNS) tumors were expected to claim the lives of 18,280 individuals in the United States (10,710 males and 7,570 females).
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The global artificial tendons and ligaments market size reached USD 1.86 Billion in 2022 and is expected to register a revenue CAGR of 13.6% during the forecast period, according to latest analysis by Emergen Research. Sports-related injuries are becoming ever-more common, and this is a key factor driving market revenue growth. Rise in medical expenditure is also being driven by the increasing number of traffic accidents in various countries around the world.
This market intelligence assessment report weighs up on the potential region that reserves greater opportunities for this industry.
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The global artificial tendons and ligaments market size reached USD 1.86 Billion in 2022 and is expected to register a revenue CAGR of 13.6% during the forecast period, according to latest analysis by Emergen Research. Sports-related injuries are becoming ever-more common, and this is a key factor driving market revenue growth. Rise in medical expenditure is also being driven by the increasing number of traffic accidents in various countries around the world.
This market intelligence assessment report weighs up on the potential region that reserves greater opportunities for this industry.
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The global mobile mapping market size is expected to reach USD 191.59 Billion in 2032 and register a steady revenue CAGR of 19.5% over the forecast period, according to latest analysis by Emergen Research. Increase in use of geospatial data can be attributed to steady revenue growth of the global mobile mapping market. Mobile mapping entails gathering of geographic data using a variety of devices and equipment deployed on a movable vehicle, such as van, drone, boat, airplane, or car. This geospatial data can be digitalized street-level or aerial pictures that are georeferenced to create 2D or 3D images.
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The global PEEK market is projected to be worth USD 1,225.7 Million by 2027, according to a current analysis by Emergen Research. The PEEK (Polyether Ether Ketone) market is observing a high demand attributed to its increasing demand from the automotive industry. A growing emphasis on safety standards and eco-friendliness is a critical factor driving the demand for PEEK in the automotive industry, which consistently focuses on reducing manufacturing costs and improving efficiency and durability to provide prolonged warranties.
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Examining Automatic Visual Inspection Systems Market Growth and Size for Strategic Decision-Making
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The global automatic visual inspection systems market size was USD 14.46 Billion in 2022 and is expected to register a rapid CAGR of 12.3% during the forecast period. Automatic visual inspection systems are used to detect defects or faults in manufactured products through the use of cameras and image processing software. The automatic visual inspection systems market is expected to experience significant growth in the coming years, driven by several factors.
One of the primary drivers of growth in the automatic visual inspection systems market is the increasing demand for quality control and inspection in manufacturing.
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