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The global diabetes drug market is experiencing significant growth due to the increasing prevalence of diabetes, new treatment approvals, and advancements in drug development. Expected to reach USD 107.02 billion by 2032 with a CAGR of 6.06% from 2024 to 2032, this market expansion is driven by rising diabetes cases worldwide. According to Renub Research, … Read more
The global fertilizer market is poised to reach a valuation of approximately US$ 250 billion by 2030, supported by rising food demand and advancements in agricultural productivity. In 2023, the Food and Agriculture Organization (FAO) estimated global fertilizer use at 191.8 million metric tons, highlighting a stable growth trend. Fertilizers remain essential for providing nitrogen, … Read more
Global Electric Wheelchair Market Analysis and Growth Forecast The global electric wheelchair market is on track to grow from US$ 3.64 billion in 2023 to US$ 7.82 billion by 2032, with a CAGR of 8.87% from 2024 to 2032. This rapid growth is propelled by an increasing elderly population, rising incidences of disabilities, supportive government policies, and advancements in wheelchair … Read more
China Online Gaming Market Analysis and Growth Forecast The China Online Gaming Market is projected to reach US$ 90.52 billion by 2027, expanding at a CAGR of 8.45%. With over 701.8 million gamers in 2022, China stands as the world’s largest gaming market, driven by a digitally connected population and a dynamic gaming ecosystem that attracts global gaming companies aiming … Read more
United States Generic Drugs Market Analysis: Key Growth Insights The U.S. generic drugs market is set to expand from US$ 92.66 billion in 2023 to US$ 127.41 billion by 2032, at a CAGR of 3.60% from 2024 to 2032. As the healthcare industry faces rising costs, generic drugs offer a cost-effective solution to enhance access to essential medications. Request a … Read more
Global Next Generation Sequencing (NGS) Market Outlook The global Next-Generation Sequencing (NGS) market is projected to reach an estimated value of approximately US$ 34.19 Billion by 2030, growing at a CAGR of 18.16% from 2024 to 2030, according to Renub Research. NGS has revolutionized genomics by providing high-throughput, parallel sequencing of DNA fragments. It enables researchers to make advancements … Read more
Global Modified Starch Market Analysis The global modified starch market is poised to reach US$ 18.65 billion by 2032, growing at a CAGR of 4.60% from 2024 to 2032. In 2023, the market was valued at US$ 12.44 billion, and its growth is driven by a variety of factors, including the rising demand for processed and convenience foods, the … Read more
Global Drug Abuse Testing Market Analysis: The Global Drug Abuse Testing Market is poised for significant growth, with a forecasted market size of USD 11.87 billion by 2032, up from USD 6.17 billion in 2023, reflecting a steady CAGR of 7.54% from 2024 to 2032. This rise is primarily driven by increasing drug abuse globally, … Read more
Automotive Actuators Market Outlook and Forecast to 2030 The global automotive actuators market is poised to grow to USD 40.93 billion by 2030, driven by technological innovations and the increasing role of advanced actuators in modern vehicles. Actuators, which convert electronic signals into mechanical motion, are essential for various automotive functions, including engine management, braking, … Read more
Global Autonomous Vehicles Market: Trends, Drivers, and Forecast to 2032 The global autonomous vehicles market is projected to expand significantly, from USD 33.41 billion in 2023 to USD 211.86 billion by 2032, at a compound annual growth rate (CAGR) of 22.78% during 2024-2032. Autonomous vehicles (AVs), also known as self-driving vehicles, are revolutionizing the mobility … Read more