The global medical plastics market was valued at approximately USD 52.9 billion in 2023 and is forecasted to expand at a compound annual growth rate (CAGR) of 7.4% from 2024 to 2030. This growth is largely attributed to advancements in specialized plastics and plastic composites, which are integral in manufacturing various medical components such as catheters, surgical instrument handles, and...

The global multi-factor authentication (MFA) market was valued at approximately USD 14.28 billion in 2022 and is projected to grow at a compound annual growth rate (CAGR) of 14.2% from 2023 to 2030. Multi-factor authentication is a security protocol that requires users to verify their identity through multiple layers of verification before granting access to digital resources or allowing...

The global packaging machinery market was valued at approximately USD 59.30 billion in 2024 and is projected to grow at a compound annual growth rate (CAGR) of 5.5% from 2025 to 2030. This market expansion is fueled by several key factors, such as the increasing demand for packaged goods, advancements in packaging technology, and the shift in consumer preferences toward convenience. With the...

The global market for sinus dilation devices was valued at approximately USD 2.74 billion in 2022 and is projected to grow at a compound annual growth rate (CAGR) of 9.6% from 2023 to 2030. Several factors are driving this growth, including a strong preference for minimally invasive procedures, favorable reimbursement policies, and an increase in awareness of the advantages of balloon...

The global smart ticketing market was valued at approximately USD 10.14 billion in 2022 and is forecasted to grow at a compound annual growth rate (CAGR) of 15.5% from 2023 to 2030. The primary driver of this growth is the integration of emerging technologies into smart ticketing systems. Innovations such as contactless payments, virtual tickets (E-tickets), and smart cards allow for seamless...