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SAN FRANCISCO, Feb. 9, 2021 /PRNewswire/ The global antiseptics and disinfectants market size is expected
to reach USD 105.4 billion by 2028, according to a new report by Grand View Research, Inc. The market is expected
to expand at a CAGR of 20.8% from 2021 to 2028. Increasing use of endoscope reprocessors and surgical units, and rising prevalence of hospital-acquired infections are the key driving factors for the market.
Key suggestions from the report:
In terms of revenue, the quaternary ammonium compounds segment held the largest revenue share in 2020 owing to rising incidence of healthcare-associated infections and increasing number of hospitals across the globe
Optical Character Recognition Market Size Worth $26.31 Billion By 2028 | CAGR: 16.7%: Grand View Research, Inc.
is expected to reach USD 26.31 billion by 2028, according to a new report by Grand View Research, Inc. It is anticipated to register a
CAGR of 16.7% from 2021 to 2028. Digitalization plays a critical role in changing the way organizations operate. It has helped companies improve efficiency of their business processes. Enterprises are investing large amounts in technologies that can help them digitalize their work process and increase productivity. Since data is a critical element for an organization, adoption of technologies such as OCR, which enables users to convert text data in different types of documents and images into editable or accessible formats, has increased. OCR solutions are integrated with a wide range of technologies such as robotic process automation and Artificial Intelligence (AI) to enhance their capabilities.
Cloud Gaming Market Size Worth $7.24 Billion By 2027 | CAGR: 48.2%: Grand View Research, Inc.
SAN FRANCISCO, Feb. 3, 2021 /PRNewswire/ The global cloud gaming market size is expected to
reach USD 7.24 billion by 2027, according to a new study by Grand View Research, Inc. It is anticipated
to register a compound annual growth rate of 48.2% from 2021 to 2027. Developments in the cloud technology have enabled the rapid distribution of cloud gaming models. Cloud gaming gives users remote access to interactive games as well as enables streaming videos over the internet. It also allows devices to smoothly run various high-quality next-generation games with lower computational power. These factors are anticipated to drive the cloud gaming market growth over the forecast period.
Healthcare Contract Manufacturing Market Size Worth $323.6 Billion By 2028: Grand View Research, Inc.
The global healthcare contract manufacturing market
size is expected
to reach USD 323.6 billion by 2028, according to a new report by Grand View Research, Inc. It is expected
to expand at a CAGR of 7.7% from 2021 to 2028. The changing regulatory landscape, coupled with rising offshoring to emerging countries, is anticipated to propel the market growth over the forecast period.
Key suggestions from the report:
By type, the pharmaceutical segment dominated the market with a share of 75.2% in 2020 owing to low manufacturing budget and highly sophisticated contract manufacturing service offerings
The medical device type segment is expected to be the fastest-growing segment with a CAGR of 9.7% over the forecast period owing to increasing pressure on OEMs to reduce costs and enhance the timeline for taking a product to market
Maternity Innerwear Market Size Worth $9.23 Billion By 2027 | CAGR: 4.6%: Grand View Research, Inc.
reach USD 9.23 billion by 2027, according to a new report by Grand View Research, Inc.,
expanding at a CAGR of 4.6% from 2020 to 2027. The rising demand for nursing-friendly innerwear is a key factor favoring market growth. At a macro-level, rising disposable incomes and increasing demand for comfortable maternity wear continue to drive product sales across various distribution platforms.
Key suggestions from the report:
In terms of type, the maternity briefs segment accounted for the largest revenue share in 2019
North America is estimated to be the largest regional market over the forecast years. However, Asia Pacific is estimated to record the fastest CAGR from 2020 to 2027