Body oils market projected to grow at a CAGR of 4.2% during the forecast period from 2018 to 2026. In 2017, Asia Pacific held the leading market share in terms of revenue. Body oils function as an emollient and an occlusive thus preventing cell cohesion and transepidermal water loss. It has essential ingredients such as vitamins, fatty acids, antioxidants, and polyphenols among others.
The global blood-brain barrier market projected to reach US$ 5,704.2 Mn by 2026 from US$ 696.4 Mn in 2017, growing at a CAGR of 25.0% during the forecast period from 2018 to 2026. The blood-brain barrier (BBB) prevents free flow of elements from circulatory system to the cerebrospinal fluid (CSF) or brain with specific exchange of elements regulated by blood-brain barrier and blood-CSF barrier.
The global blood typing, grouping and infectious disease screening market will reach US$ 7,078.3 Mn by 2026 from US$ 3,079.8 Mn in 2017, growing at a CAGR of 9.7% during the forecast period from 2018 to 2026. Blood grouping comprises ABO grouping and Rh tests, whereas nucleic acid testing (NAT) and immunoassays are preferred for blood screening to identify the presence of infectious agents.
Blood processing devices and consumables market expected to reach by US$ 64.25 Bn by 2026 with CAGR of 7.9% during the forecast period from 2018 to 2026. Blood cell processors and reagents are the main segments playing a major role in the market.
The global blood flow measurement devices market accounted for a value of US$ Mn in 2017 and expected to attain US$ Mn by 2026. Drivers responsible for the market growth are globally growing elderly population coupled with rising prevalence of chronic diseases, increasing preference from users for noninvasive devices, and mounting technological developments in blood flow meters.
Blockchain technology in healthcare is being acknowledged to have revolutionary impact on the healthcare system enabling its complete transformation through digitization. As digitization of all industries has continued to expand over the decades, the blockchain technology entered the market in 2016, despite its introduction in 2008. Blockchain technology has touched several industries deployed with vast information, technologies and artificial intelligence. The concept of blockchain represents a network of blocks that continuously grow and change, that adapt to specific industry. Blockchain is based on distributed ledgers containing facts and information.
The bispecific antibodies market is set to grow with a compounded annual growth rate (CAGR) of 5.9% during the forecast period from 2018 to 2026. According to the research findings presented by the World Health Organization (WHO), in 2018 cancer is responsible for the death of approximately 9.6 million people throughout the globe.
The biological safety testing market is set to reach US$ 8,935.4 Mn by 2026 from US$ 3,120.8 Mn in 2017 growing at an impressive pace with a compounded annual growth rate (CAGR) of 12.5% during the forecast period from 2018 to 2026. The primary features responsible for the biological safety testing market are rising prevalence of chronic diseases and rapid growth in the clinical laboratories worldwide.
Biodegradable plastics market is expected to reach US$ 185.25 Bn by 2026 with 19.3% CAGR during the forecast period from 2018 to 2026. In 2017, Europe led the biodegradable plastics market and Asia Pacific is estimated to be the fastest growing region between 2018 and 2026.
Bio-based polyethylene terephthalate (PET) market projected to exhibit the CAGR of 20.8% during the forecast period from 2018 to 2026. Bio-based polyethylene terephthalate (PET) market is currently gaining traction owing to rising demand for eco-friendly sustainable solution from end-use industries coupled with growing public awareness and increasing customer interest in bio-based plastics.
Bio-alcohol market is expected to reach US$ 13498.8 Mn by 2026 with 6.6% CAGR during the forecast period from 2018 to 2026. Stringent regulations over automotive emissions along with demand for greener fuel, long-term energy security to supply energy in accordance with economic developments and environmental needs are some of the key aspects driving the market growth. Bio-alcohol are biologically produced alcohols such as produced by fermentation of cellulose, sugar and starches. Increasing use of biofuels has gained attention as an alternative to fossil fuels.
The global bike-sharing services market expected to expand at a CAGR of 12.5% during the forecast period from 2018 to 2026. Bike-sharing services have gained remarkable popularity and acceptance among people over the last two years. Factors such as global warming, traffic congestion, and high cost associated with everyday shuttles has encouraged urban crowd to opt for bike-sharing services for their daily commute.
Global biologics market accounted for market value of US$ 254.9 Bn in 2017 and expected to attain US$ 580.5 Bn by 2026. Recombinant therapeutic proteins contributed largest market share in 2017 while cellular and gene therapies exhibited fastest annual growth during the forecast period from 2018 to 2026.
Bath and Shower products market is projected to grow at the CAGR of 3.9% during the forecast period from 2018 to 2026. This industry is mainly driven by consumer trends and consequent innovations brought in by manufacturers. Innovative marketing strategies introduced by manufacturers that harness the potential of product reviews and word of mouth have had a significant driving impact on the growth of this market.
Bariatric surgery devices market estimated to reach US$ 3,163.5 Mn by 2026 from US$ 2,006.0 Mn in 2017, at CAGR of 5.1% during the forecast period. Bariatric surgery employs numerous techniques for treating obesity such as balloon placement or banding of the stomach.
The global bakery processing equipment market was valued at US$ 10.5 Bn in 2017 and is expected to witness a noteworthy growth, expanding at a CAGR of 7.0% during the forecast period from 2018 to 2026. Bakery industry has a significant position in the food processing industry. Growth in the production of bakery products is mainly attributed to its advantages over other processed food items. Bakery products are considered as convenient, ready to eat and possess satisfactory nutritional levels and thus have become essential food items of the vast majority of population.
The use of wound cleansers is an essential part of wound care management and treatment. Wound cleansers basically are gentle, non-irritating formulations used to clean the wound and remove foreign particles. Factors such as increasing prevalence of chronic wounds with their associated complications such as pressure ulcers or foot ulcers and growing number of accidents and trauma injuries are prime factors that driving the growth of wound cleansers market globally.
This report on global tuberculosis diagnostics market studies various tuberculosis diagnostics test type. Healthcare regulatory agencies such as WHO, CDC are taking initiatives towards global awareness of tuberculosis and improvising the diagnostic methods. Large patient pool suffering with tuberculosis, rising public awareness regarding tuberculosis and early diagnosis and technological advancement in the testing methods such as Mantoux test, and Cytokine detection test are the driving factors for the tuberculosis diagnostics market.
Transdermal skin patches is a medicated adhesive patch that is placed on the skin to deliver a specific dose of medical through the skin and in the bloodstream. The patch contains the medication prescribed to the patient and is designed in such a way that the medication permeates the skin in a controlled fashion thus attaining more steady levels of the drug in the body.
A notable rise in beverage consumption has been observed from past few years with a wide variety of beverages at the disposal of consumers. The trend of beverage consumption certainly encouraged sales of beverage dispensers allowing the market to register market value of over US$ 1 Bn.