ReleaseWire Connect

The global mammography system market is expected to reach USD 4,255.3 Million by 2027, according to a new report by Emergen Research. The market for mammography system is experiencing high demand attributed to the rising occurrence of breast cancer and the usage of mammogram in identifying masses/lesions and other abnormalities in the breasts. Breast cancer is the most commonly occurring cancer type in women with more than 2 million new breast cancer cases in 2018. The global breast cancer survival rates vary greatly, ranging from around 80% in North America, Japan, and Sweden to nearby 60% in middle-income nations and lower than 40% in low-income nations. Hence, the implementation of breast imaging to screen and detect malignant cells in the human breast is driving the demand for the mammography system market.

The global Fuel Cells Market is expected to reach USD 16.58 Billion by 2027, according to a new report by Emergen Research. The growth of this market can be attributed due to the growing environmental awareness among consumers and increasing government initiatives regarding the adoption of fuel cells to reduce the emission levels in the environment. Increasing research and development for the technological advancement of the products is augmenting the demand for the industry.

The growth in demand for fast and secure online transactions, and the growing adoption of blockchain technology are driving the market demand.

The growth of the market is attributed to the increasing demand of energy efficient lighting systems as well as implementation of Internet of Things (IoT) with lighting services.

The growth of the market is attributed to the increase in utilization of ultraviolet curing systems and rapid rise in the usage of environment friendly LEDs

The changing lifestyle and buying behaviour of people, a rise in disposable income, and the growing demand for luxury vehicles are some the factors influencing the market growth.

Increasing application in end-use industries such as electrical & electronics is one of the significant factors influencing the market growth.

Escalating demand for nanocoatings from the healthcare sector is one of the significant factors influencing the market growth.

The growing incidence of the demand for advanced materials in many end-use verticals such as consumer electronics, medical, defence, aerospace industries are key factors driving global growth in the industry.

Strict regulatory framework of government regarding environmental issues and growing demand from the industrial and power applications are driving the demand of the market.