Blog Posts

Between 2020 and 2026, the global video streaming market is estimated to grow at a compound annual growth rate of 20.1 percent. The expansion in this market is a result of innovations, such as blockchain technology and artificial intelligence (AI), required to improve the video quality.

Between 2020 and 2026, the global IT Operations Analytics (ITOA) market is likely to grow at a compound annual growth rate (CAGR) of 35.4 percent in this period.

The Global Gallium Nitride (GaN) Semiconductor Device Market is valued at USD 19.65 billion in 2020. Between 2020 and 2026, the market was estimated to grow at 4.65 percent compound annual growth rate. This growth was credited to the upscaling demand for power electronics since GaN semiconductor devices consume less power and are highly efficient.

The global household slicer market is forecasted to grow at a high compound annual growth rate (CAGR) between 2020 and 2026. This growth can be attributed to the growth in the number of food bloggers and upsurge in food consumption.

Portable fetal monitors also called mobile cardiotocography devices (CTG devices are registered as the class IIa CE marked medical devices. These devices provide heart rate monitoring data of the fetus, along with the monitoring details of the contraction of the uterus (TOCO).

The use of light penetration in the skin in the form of small pulses is used in the home-based hair removal device. The pulse weakens the hair roots for it to eventually fall out without giving any pain to the user.

Smart feminine products include smart sanitary pads, tampons, smart period cups, fertility or ovulation tracking devices, lockets, apps, bands, etc. These smart products are nothing but an integration of artificial intelligence and technologies used in a medical device or product.

The smart stethoscope market will grow from 2020 to 2026 with a CAGR of ~8.5%.  This device is a unique integration of AI and sound recording technology that is linked with an app or a software platform. Unlike the novel traditional stethoscope, this smart stethoscope also provides analytical data of the sound waves received and collected.

Based on the analytical and research study on the global virtual reality software market, it is estimated that the CAGR of this market will be ~10.5%. VR software is used to create an immersive and artificial environment for the patients.

The connected medical devices market is estimated to grow at a CAGR value of ~25.2% from 2020 to 2026. The medical devices that are capable to transmit vital sign data from a patient staying at home or any other place to the doctor or hospital staff are called as connected or IoT based devices.