Research Support Specialist, USA
The global injection molded plastics market size was USD 284.7 billion in 2021, which is projected to increase at a 4.2% CAGR and achieve USD 423.7 billion by 2030. The presence of plastic components in various end-use sectors, technological innovations, and price volatility of raw materials are the factors to drive the demand for injected molded plastics and its market growth during the forecast period.
The global calcium carbonate market size was valued at USD 42.5 billion in 2021, expanding at a CAGR of 5.4% from 2022 to 2030. Rocks including limestone and dolomite usually contain the chemical calcium carbonate.
The global animal health market size is projected to reach USD 92.8 billion by the year 2030, advancing at a steady CAGR of 10.0% during the forecast period. The market growth is expected to be aided primarily by the rising incidences of zoonotic diseases that occur due to contact with animals, along with the growing involvement of technology in the development of products and services.
The global plastic market totaled USD 593.00 billion in 2021 and is anticipated to exhibit expansion at a CAGR of 3.7% from 2022 to 2030. The growing population, industrialization, and rapid rising urbanization are increasing the demand for lightweight materials at lower costs.
The global sports nutrition market size is projected to reach USD 82.3 billion by 2030 at a CAGR of 8.5%. The driving factors for the market include rising health awareness among fitness enthusiasts, especially among bodybuilders and sportspersons, aspiring for a healthier lifestyle.
The global medical foods market size was worth USD 21.2 billion in 2021 and is predicted to be USD 33.5 billion by 2030 at a 5.2% CAGR. The demand for medical foods is anticipated to expand during the forecast period owing to the increase in communicable as well as non-communicable diseases.
The global permanent magnets market size is expected to reach USD 39.70 billion by 2030 at a CAGR of 8.4%. The major market driving factor include the increasing support initiatives promoting healthcare infrastructure post-pandemic.
The global healthy snacks market size was valued at USD 85.6 billion in the year 2021 and is projected to reach USD 152.5 billion by 2030, exhibiting a CAGR of 6.6% during the period in focus. The demand for healthy snacks is likely to rise primarily due to rising health consciousness among people and the need to consume high nutrition-low fat food.
The global virtual events market size was valued at USD 114.1 billion in 2021 and is expected to reach USD 657.6 billion by 2030, expanding at a CAGR of 21.4% from 2022 to 2030.The predominant deployment of advanced communication solutions in various industries, including retail & e-commerce, education, manufacturing, construction, and healthcare, among others is anticipated to boost market growth during the forecast period.
The U.S. durable medical equipment market size was USD 56.3 billion in 2021, which is anticipated to increase at a 5.7% CAGR and reach USD 92.8 billion by 2030. The rapid growth in the geriatric population, continuous increase in chronic illnesses, availability of medical equipment, and the advantage of remote medical treatment are the essential factors contributing to the demand and market growth.
The global remote patient monitoring system market was valued at USD 3.8 billion in 2021 and is projected to reach USD 16.9 billion by 2030 at CAGR of 18.3%. Factors such as the growth in geriatric population, advancements in telecommunications, increasing need for expansion of healthcare access, monetary benefits of telehealth, and RPM benefits to lower the burden on the medical resource, has a significant impact on the remote patient monitoring system market.
The global regulatory affairs outsourcing market is projected to be worth USD 13.9 billion by the year 2030, advancing at a steady CAGR of 8.9% from 2022 to 2030. The constant changes and amendments in regulatory policies by governments worldwide to improve the healthcare ecosystem have created a very strong demand for outsourcing services.
The global digital health market size was valued at USD 175.6 billion in 2021 and is expected to reach USD 1.5 trillion by 2030, expanding at a CAGR of 27.7% from 2022 to 2030.
The global collagen market size was valued at USD 8.36 billion in 2020 and is expected to showcase a CAGR of 9.0% from 2021 to 2028. The proliferating adoption of collagen in wound healing treatments and cosmetic surgery is accelerating product demand worldwide.
The global quality management software market size was valued at USD 8.72 billion in the year 2021 and is projected to surpass USD 20.66 billion in value by 2030 exhibiting a CAGR of 10.4% during the period of study.
The global private 5G network market size is projected to reach USD 41.02 billion by 2030, progressing at a significant compound annual growth rate (CAGR) of 49.0% during the forecast period.
The global ammunition market was valued at USD 22.35 billion and is projected to witness a growth of USD 29.68 billion by 2030 at a CAGR of 3.6%. The evolution and modernization of weapons for armed forces are significant driving factors for the ammunition market growth.
The global point-of-sale (POS) terminal market size was worth USD 85.16 million in 2021, which is anticipated to value at USD 181.4 billion at a 8.5% CAGR by 2030. The demand for POS terminals is expected to increase during the forecast period because of the rapid adoption of contactless and cashless payments due to the COVID-19 impact.
The global molecular diagnostics market size was valued at USD 37.04 billion in 2021 and is expected to reach USD 31.9 billion by 2030, declining at a CAGR of -1.6% from 2022 to 2030.Molecular diagnostics enables the testing of several infectious and chronic diseases and provides quick and precise results.
The global medical device outsourcing market was valued at USD 107.92 billion in the year 2021 and is projected to surpass USD 292.93 billion by 2030, exhibiting a CAGR of 12.1% during the forecasted period. This rapid market expansion is primarily due to increasing cases of chronic diseases such as cancer, and cardiovascular diseases.