The global air purifier market was valued at USD 15.94 billion in 2023 and is projected to grow at a compound annual growth rate (CAGR) of 7.1% from 2024 to 2030. This growth is primarily driven by the increasing prevalence of airborne diseases and rising pollution levels in urban environments. For instance, China has seen a year-on-year increase in its national average PM2.5 levels in 2023,...
The U.S. office furniture market was valued at approximately USD 16.64 billion in 2024 and is projected to grow at a CAGR of 5.0% from 2025 to 2030. Key drivers of this market growth include the increasing construction of residential homes, offices, and commercial complexes. The rise in remote work has also fueled the demand for home office equipment, as consumers seek smart, comfortable, and...
The global contract furniture market was valued at an estimated USD 154.10 billion in 2024 and is projected to grow at a CAGR of 5.3% from 2025 to 2030. This growth is fueled by increasing demand for ergonomic, sustainable, and flexible furniture solutions in commercial spaces. Additionally, the rise of remote and hybrid work models and significant investments in hospitality and office...
The global business process outsourcing (BPO) market was valued at USD 280.64 billion in 2023 and is projected to expand at a compound annual growth rate (CAGR) of 9.6% from 2024 to 2030. BPO involves outsourcing business functions and operations to external service providers. Key advantages such as cost reduction, enhanced service quality, and flexibility drive its adoption. This enables...
The global dental practice management (DPM) software market was valued at USD 2.6 billion in 2023 and is projected to grow at a compound annual growth rate (CAGR) of 10.17% between 2024 and 2030. This growth is fueled by an increasing number of dental visits, heightened awareness of oral health in regions such as Europe and the U.S., and rapid technological advancements. The Health Information...
The global orthopedic devices market was valued at approximately USD 60.4 billion in 2023 and is projected to grow at a compound annual growth rate (CAGR) of 4.3% from 2024 to 2030. This growth is driven by factors such as the high prevalence of orthopedic disorders, an aging global population, rising cases of degenerative bone diseases, and an increase in road accidents. Additionally,...
The global hearing aids market was valued at USD 7.96 billion in 2023 and is forecasted to grow at a compound annual growth rate (CAGR) of 6.78% from 2024 to 2030. The market expansion is driven by the increasing adoption of hearing aid devices, heightened awareness of advanced auditory technologies, and the rising prevalence of hearing loss associated with the aging population.
The hearing...
The global eyewear market was valued at USD 183.36 billion in 2023 and is projected to grow at a CAGR of 8.3% from 2024 to 2030. Key factors driving this growth include the increasing prevalence of eye conditions such as myopia, hyperopia, astigmatism, and presbyopia, which boost demand for corrective eyewear. Additionally, the availability of a variety of stylish and affordable options,...
The global naphthalene market size was valued at USD 1,588.1 million in 2023 and is projected to grow at a CAGR of 3.0% from 2024 to 2030. This growth is largely driven by the increasing demand for naphthalene in the construction industry, particularly as a plasticizer in concrete admixtures like naphthalene sulfonate formaldehyde.
Demand Drivers
The market is witnessing significant growth due...
The global oral solid dosage (OSD) contract manufacturing market was valued at USD 36.50 billion in 2023 and is expected to expand at a compound annual growth rate (CAGR) of 5.97% from 2024 to 2030. The market's growth is fueled by advancements in drug delivery technologies, including targeted drug delivery and sustained-release dosage forms. Additionally, contract development manufacturing...
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