Direct-to-consumer (DTC) genetic testing market expected to reach US$ 611.24 Mn by 2026 with 19.4% CAGR during the forecast period from 2018 to 2026, mostly through on-line sales channel. OTC/Pharmacy Stores and Doctors’ Office are other sales channel dispensing these testing kits.
Over the last couple of decades, microplate technologies have been increasingly adopted in several applications in biotechnology research. It is opined by researchers that these equipment play a vital role in maintenance of efficient and precise data results, and research performance. The nature of analytical tests and assays have considerably evolved over the years and the trend of volume miniaturization for performing drug screening is being observed in the market that are driving design modifications in microplates. Large number of microplates based on type, color, well design, material etc. are required for accommodating the dynamic demands from researchers.
Bathroom cabinets has undergone substantial design and technological advancement over the past few decades resulting in impressive styling and remodeling demand. The global bathroom cabinets market is experiencing a substantial growth due to rise in housing development projects, which demands high end household amenities. Especially in the countries such as China and India, due to growing real estate market, the market for bathroom cabinets is gaining momentum
The non-linear resistors market worldwide is expected to grow with a CAGR of 6.5% during the forecast period from 2019 to 2027. Non-linear resistors market worldwide is witnessing tremendous growth since the past few years with growth in electronic circuits market. The major use of electronic circuits in consumer electronics products driving the growth for the market. Non-Linear resistors have various benefits such as compact size, stability, good tolerance and effective in reducing heat dissipation.
Globally, the multihead weighers market is expected to grow with a CAGR of 3.3% during the forecast period from 2019 to 2027, starting from US$210.3 Mn in 2018. The growth of the market is driven by the increasing demand for accuracy and efficiency for weighing. Organizations are leveraging on the multihead weighers for automatically and precisely to weigh wide array of products used across multiple industry verticals. The technological advancement in the weighing equipments is further accelerating the adoption of the multihead weighers.
The global molded pulp packaging market is rising significantly, anticipated to expand at a CAGR of 4.5% during the estimated period from 2019 to 2027, starting from US$ 3.3 Bn in 2018. The molded pump market is majorly driven by a shift in consumer preference towards eco-friendly & recyclable materials along with growing disposable income globally.
Globally, the military wearable market is expected to grow with a CAGR of more than 7.7% during the forecast period from 2019 to 2027, starting from US$ 3.90 Bn in 2018. The military variables are the devices or the equipment, which are used by the soldiers during the missions or during the critical tasks, assigned to them. The technological advancement in increasing research and development in the field of military and defense is driving the military variable market.
Globally, the military sensor market is expected to grow with a CAGR of 4.5% during the forecast period from 2019 to 2027. The growth of the market is driven by the advancement in the MEMS devices. Over the past decade, the sensor technology has witnessed substantial growth in terms of deployment and use due to the large scale implementation of the MEMS devices. These devices have led to the development of wide array of sensors ranging from the pressure measuring sensors to gyros to accelerometers as well as miniaturization of the sensors. As a result, multiple new avenues for the applications of the sensors has developed, which was not feasible before.
The global microgrid control system market is growing proficiently, projected to grow at a CAGR of 12.0% during the expected period from 2019 to 2027, starting from US$ 2.61 Bn in 2018. An increased concern of carbon emission, advancement in IoT, as well as communication technologies, are the major drivers of the global microgrid control system market.
The global microducts market worldwide is expected to grow with a CAGR of 4.5% during the forecast period from 2019 to 2027, starting from US$ 0.23 Bn in 2018. Flame retardant microducts are gaining immense popularity owing to increasing safety regulations by the governments and regulatory authorities. Increasing demand for safer and more cost effective ducting solutions in electrical and construction applications are expected to drive the demand for flame retardant microducts over the forecast period.
The microdermabrasion device market is expected to grow at a CAGR of 8.3% during the forecast period from 2019 to 2027, starting from US$ 353.4 Mn in 2018. Increasing trends for nonsurgical procedures worldwide increases the demand for microdermabrasion devices. According to a report published by the Harvard Medical School suggests the total number of nonsurgical cosmetic procedures conducted in the U.S. accounts for about 12.6 million.
The global meniscus repair systems market is developing competently, expected to grow at a CAGR of 7.6%. Globally, increasing number of meniscal allograft transplant and repair procedures will drive the overall market growth. Increasing awareness about advanced medical technology along with rising hospital admissions for osteoarthritis will further spur revenue growth. Additionally, launch of integrated repair solutions for all-inside meniscal repair, outside/in or inside out meniscal repair, root repair techniques and other advanced applications are major key factors driving the growth of the meniscus repair systems market on a global scale.
Globally, the mega data center market is expected to grow with a CAGR of 5.1% during the forecast period from 2019 to 2027, starting from US$ 18.95 Bn in 2018. Globally, the information communication technology industry is going through a major transformation. Growing digital demand and virtualization is generating large amount of data which needs effective data storage and processing techniques. Emergence of new and progressive technologies are enabling the shift from traditional data storage techniques to far more advanced versions of storage and processing facilities.
Globally, the master recharge API market is expected to grow with a CAGR of 4.8% during the forecast period from 2019 to 2027, started from US$ 10.82 bn in 2018. The market is driven by the increasing adoption of the online Payment and mobile payment solution across the globe. As the information availability is increasing and the customers are becoming empowered, the financial institutes are leveraging on the online banking channels to meet the customers on their choice of channels.
Globally, the master data management market is expected to grow with a CAGR of 17.5% during the forecast period from 2019 to 2027, starting from US$ 9.28 Bn in 2018. The market is driven by the growing need among the organizations to manage their master data more effectively. Master data is defined as the critical and confidential data for enterprises generally related to the customers, suppliers, financials, and products. As the digitalization across the enterprises is increasing very rapidly and the sources of data generation are also growing in abundance, the enterprises are finding it difficult to cop up with this explosion of data with their traditional data management system.
Globally, the mass notification systems market is expected to grow with a CAGR of 19.2% during the forecast period from 2019 to 2027, starting from US$6.50 Bn in 2018. Mass notification systems are the tools with an updated database of names, contact numbers, email addresses and other information. These tools are used to send messages to the employees in case of any emergencies. These tools are largely used by public organizations such as police and fire departments, local and state governments, emergency management sectors, and many such companies that need to provide prompt responses.
Marine engines market accounted for the market value of US$ 11.70 Bn in 2018 and expected to grow with CAGR of 3.09% during the forecast period from 2019 to 2027. Shifts in global demographics and population growth rates, coupled with long-term economic growth in developing markets, expected to surge the maritime sector in following years. Growing middle class population in emerging economies of Asia Pacific, Africa, and Latin America regions further expected to drive the demand for imports of commodities and finished goods.
The magnetic ink character recognition (MICR) devices market worldwide is expected to grow with a CAGR of 2.5% during the forecast period from 2019 to 2027, starting from US$ 557.0 Mn in 2018. Increasing demand for a fast and safe document processing technology has forced the companies to develop an advanced MICR device. A magnetic ink character recognition (MICR) device is deployed to validate the originality of a document, specifically checks.
Globally, the machine mounts market is expected to grow with a CAGR of 6.8% during the forecast period from 2019 to 2027 and is expected to record a market value of US$ 2.56 Bn by 2027. Machine Mounts are defined as an attachment for a machine, which is made up of rubber or metal are usually, attached on the bottom of the machine with the help of bolts. These are used to absorb vibration.
The machine learning as a service market worldwide is estimated to grow with a CAGR of 35.4% throughout the forecast period from 2019 to 2027, starting from US$ 1,117.9 Mn in 2018. Growing cloud-based technologies need to understand consumer behavior and rising technological advancements are the major factors driving the market growth. Massive technological disruptions along with digitization is another factor driving the market growth. Wide industrial applications of MLaaS is one of major reasons for the market growth.