Listly by MohitB Bharadwaj
Source: https://www.arizton.com/
The global medical aesthetics market is growing with a CAGR of 13.71% from 2022 to 2027 and is projected to reach USD 45.52 billion by 2027 from USD 21 billion in 2021. The global medical aesthetics market trends include consumers seeking aesthetic procedures starting at a younger age, an uptick in men seeking cosmetic enhancement procedures, and an increasing preference for non-invasive cosmetic procedures instead of cosmetic surgery.
The global virtual clinical trials market is expected to reach USD 5.10 billion by 2027 from USD 1.93 billion in 2021, growing with a CAGR of 17.59% from 2022-2027. The virtual clinical trials market is one of the innovative approaches for traditional clinical trials, through remote monitoring and more patient-centric approaches.
The Middle East and Africa pump market is expected to reach USD 11.93 billion by 2028 from USD 8.43 billion in 2022, growing at a CAGR of 5.94% from 2023-2028. Growing prominence on wastewater treatment is anticipated to boost the Middle East and Africa pump market growth during the forecast period.
The structural steel market is expected to grow at a CAGR of 6.41% from 2022-2027 and is expected to reach $298.12 billion by 2027 from $205.36 billion in 2021. Structural steel is carbon steel, meaning carbon content is up to 2.1% by weight. Therefore, we can say that coal is the essential raw material for structural steel after iron ore.
The Europe zero turn mowers market was valued at USD 1.47 billion in 2021 and is expected to reach USD 2.15 billion by 2027, growing at a CAGR of 6.59% from 2022 to 2027. The U.K. is the leading European country in the zero turn mowers market. The Europe zero turn mowers market is witnessing continuous growth due to the increasing development of green acreage.
The global industrial workwear market is expected to reach USD 51.11 billion by 2027 from USD 35 billion in 2021, growing with a CAGR of 6.19% during 2021-2027. Growing job prospects and developments in the end-user industries, such as manufacturing, are expected to drive the demand for industrial workwear. Also, the target market is anticipated to reflect growth due to several factors, such as investments in fabric production, product research, and development.
South Africa data center market will witness investments of USD 3,228.3 million by 2027, growing at a CAGR of 11.15% during 2022-2027. South Africa is the top data center market in Africa. The increase in internet and social media penetration driven by COVID-19, deployment of 5G, improved inland connectivity, and low electricity and land prices make South Africa an attractive market for investors.
The Japan data center market is estimated to reach USD 13.29 billion by 2027 from USD 8.40 billion in 2021, growing at a CAGR of 7.94% during 2022-2027. The country is among the top data center market in the APAC region, after China and Australia, in terms of investment.
The polysilicon market is projected to reach USD 13.95 billion by 2027, from USD 9.14 billion in 2021, growing with a CAGR of 7.30% from 2022-2027. The market is classified into three segments based on forms: wafers, granules, and rods. And on the basics of end use, it is classified into two types: solar panel and electronic type polysilicon. The U.S. is the most significant contributor to the North American polysilicon market, accounting for 89.21% of the share.
The global vitamin D market was valued at USD 1.64 billion in 2021 and is expected to reach USD 2.68 billion by 2027, growing at a CAGR of 8.49% from 2022-2027. The industry is expected to generate incremental revenue of over USD 1 billion during the forecast period due to its application in the nutricosmetics, premixes, functional beverages, and vegan industries.
The global energy efficient motor market is expected to reach USD 47.34 billion by 2027 from USD 32.40 billion in 2021, at a CAGR of 6.52% from 2021-2027. Motors are the major energy-consuming equipment across end-user industries, resulting in high energy costs for companies.
The global sleep apnea devices market was valued at USD 6.74 billion in 2021 and is expected to reach USD 10 billion by 2027, growing at a CAGR of 7.07%. The growing sleep apnea devices market is attributed to factors such as the high prevalence of sleep apnea, increasing potential risk factors, technological advancements in sleep apnea devices, and an increasingly aging population.
The global specialty enzymes market size crossed USD 2.96 billion in 2021 and is expected to reach USD 4.56 billion by 2027, growing at a CAGR of 6.26% from 2021-2027. Factors such as the rapidly increasing global population, increasing research & development, spreading new infectious diseases, increasing biofuel usage, and growing agriculture industry led to increased demand for specialty enzymes in the global market.
The global hair wigs and extensions market is expected to surpass USD 19.12 billion by 2028, growing at a CAGR of 16.06% from 2023-2028. The US is the leading country globally in the hair wigs and extensions market. Hair wigs and extensions can be made using human hair or synthetic fibers resembling human hair. An increasing number of customers demanding hair extensions or wigs for beauty or functional purposes has been driving the industry over the last few years
The gasoline-powered self-propelled lawnmowers dominated the industry in 2021, accounting for a revenue share of 66.16% globally. Gasoline-powered self-propelled lawnmowers are going to lose their dominance.
The U.S. E-prescribing market size was valued at USD 399.59 million in 2021 and is expected to reach USD 1,234.27 million by 2027, growing at a CAGR of 20.68%. E-prescribing uses healthcare technologies to improve prescription accuracy, enhance patient safety, and ensure cost savings. Also, e-prescribing allows real-time, secure, and bi-directional electronic connectivity between prescribers and pharmacies.
The ophthalmic implants market size was valued at USD 4 billion in 2021 and is expected to reach USD 7 billion by 2027, growing at a CAGR of 6.5%.
The US remote patient monitoring market is expected to grow at a CAGR of over 12% from 2022 to 2027 and is forecasted to cross $23 billion by 2027 from $11 billion in 2021. Remote patient monitoring, also known as remote physiologic monitoring, uses digital technologies to monitor and capture medical and other health data from patients and electronically transmit this data to healthcare providers for evaluation and, if necessary, recommendations and instructions.
The global professional teeth whitening market was valued at $2.3 billion in 2021 and is expected to reach $3.2 billion by 2027, growing at a CAGR of 5.41% from 2022 to 2027. Professional (in-office) teeth whitening is the most popular cosmetic dental treatment method in the world today.
The U.S. healthcare denial management market is growing at a CAGR of over 8.8% from 2022-2027 and is expected to cross USD 5.9 billion by 2027. Factors such as the growing number of medical claim denials and increasing payer complexities for healthcare claims are contributing to the growth of the U.S. healthcare denial management market.
U.S. tractors market is expected to grow at a CAGR of over 3% from 2022 to 2028 and is expected to reach 4,13,243 units by 2028 from 3,17,897 units in 2021. North America accounts for almost 11% of the global agriculture tractor market in terms of volume. In 2021, the less than 50 HP segment accounted for the largest share due to its compact size and flexible operational capabilities.
The global EdTech market size is expected to cross $ 605.40 Billion by 2027 from $ 254.80 Billion in 2021, growing with a CAGR of over 15% from 2022-2027.
The global base oil market size is expected to reach USD 40.7 billion by 2027, growing with a compound annual growth rate (CAGR) of over 5% from 2022-2027
The global transformer oil market is growing with a CAGR of 6.36% and estimates to reach USD 3.45 billion by 2027. The market report contains segments by oil type and end-user.
The global bio-based lubricants market size valued at USD 3 billion in 2021, is expected to surpass USD 4.53 billion by 2027, growing at a CAGR of over 5%