Mordor Intelligence
Mordor Intelligence press releases
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Subheadline: India's Electric vehicle market is set to grow from USD 54.41 billion in 2025 to USD 110.7 billion by 2029, driven by domestic manufacturing and tech innovations, with a projected CAGR of 19.44%. Press Release Body: India’s Electric Vehicle Market is Poised to Double by 2029 with a 19.44% CAGR, Says Mordor Intelligence India's electric vehicle (EV) industry is undergoing a significant transformation, as highlighted in the latest report by Mordor Intelligence. The market is...
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[Hyderabad, July 15th, 2025] According to a recent report by Mordor Intelligence, the global hip replacement market is projected to grow from USD 7.63 billion in 2025 to USD 9.31 billion by 2030, expanding at a CAGR of 4.07% over the forecast period. This growth is largely influenced by the rising incidence of osteoarthritis, an aging global population, and continued innovation in surgical techniques and implant materials. Growing Demand Backed by Aging Population and Chronic...
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The medical simulation market is valued at USD 2.62 billion in 2025 and is projected to reach USD 5.07 billion by 2030, growing at a CAGR of 14.09% during the forecast period. The rapid expansion of this market is attributed to the growing emphasis on patient safety, increasing use of virtual training environments, and the rising adoption of simulation technologies across medical education and hospital settings. Medical simulation has emerged as a vital tool in healthcare, offering a...
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Introduction The United States motor insurance market is projected to grow significantly over the forecast period, with its value reaching USD 466.00 billion in 2025 and expected to reach USD 702.99 billion by 2030. This marks a steady compound annual growth rate (CAGR) of 8.57%. The market is undergoing a notable shift influenced by changing vehicle ownership trends, rising car prices, increased accident rates, and the growing uptake of electric vehicles and connected car technologies...
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[July 14th, 2025] – According to Mordor Intelligence, the Atopic Dermatitis Market is projected to grow from USD 19.30 billion in 2025 to USD 30.40 billion by 2030, expanding at a CAGR of 9.5% during the forecast period (2025–2030). The market growth is primarily attributed to the rising prevalence of the disease, growing awareness of dermatological health, and strong adoption of targeted biologic treatments. Rising Demand for Targeted Treatment Fuels Market...
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[Hyderabad, July 14, 2025] — According to Mordor Intelligence, the global infant nutrition market is projected to grow from USD 101.70 billion in 2025 to USD 144.71 billion by 2030, registering a CAGR of 7.31% during the forecast period (2025–2030). The demand is underpinned by rising awareness of infant health, a growing working population, and increasing adoption of premium nutritional products in both developed and emerging markets. Rising Demand for...
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Mordor Intelligence has published a new report on the “Renewable Energy Market Size”, offering a comprehensive analysis of trends, growth drivers, and future projections.
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Hyderabad, July 10, 2025 – The supercapacitors market is undergoing a significant transformation driven by growing energy storage demands across key industries, breakthroughs in material science, and the rising shift toward sustainable and high-efficiency energy systems. The Supercapacitors market is valued at USD 13.07 billion in 2025 and is forecast to reach USD 25.32 billion by 2030, expanding at a 14.15% CAGR. Rising Need for Efficient Energy Storage is Driving Supercapacitor Market...
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Introduction According to a 2025 report on the Micro Finance Market by Mordor Intelligence, the global market size stood at USD 256.74 billion and is projected to grow to USD 424.51 billion by 2030, reflecting a CAGR of 10.58% during the forecast period. This upward trajectory highlights the expanding role of micro finance in bridging the credit gap for underserved populations, especially across emerging economies. The micro finance sector has become a cornerstone in driving...
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[Hyderabad, July11th, 2025] The global biosimilars market is on a significant growth trajectory, with projections indicating an increase from USD 41.97 billion in 2025 to USD 97.32 billion by 2030, reflecting a compound annual growth rate (CAGR) of 18.32%. The biosimilars market is a rapidly evolving sector within the global pharmaceutical industry, driven by the increasing demand for affordable alternatives to expensive biologic drugs. Biosimilars are biologic products that are highly...
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Market Overview The stem cell market is estimated at USD 17.13 billion in 2025 and is expected to grow to USD 29.88 billion by 2030, registering a CAGR of 11.77% during the forecast period. This substantial growth reflects the increasing global demand for regenerative therapies, personalized medicine, and innovative treatment solutions for a wide range of chronic and degenerative conditions. Stem cells hold transformative potential in the treatment of diseases such as cancer, cardiovascular...
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Market Overview The cancer vaccines market is valued at USD 10.67 billion in 2025 and is projected to reach USD 17.42 billion by 2030, registering a CAGR of 10.30% over the forecast period (2025–2030). This growth reflects the rising global incidence of cancer, increasing investment in oncology research, and expanding adoption of immunotherapy-based treatment approaches. Cancer vaccines, which can be therapeutic or preventive, are gaining traction as a promising alternative to traditional...
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[Hyderabad, July 11th, 2025] According to a report by Mordor Intelligence, the global veterinary services market is projected to grow significantly, with an estimated market size of USD 128.73 billion in 2025, expected to reach USD 163.52 billion by 2030. This growth is anticipated to occur at a CAGR of 4.91% during the forecast period. Key factors driving this expansion include increased pet adoption, a growing focus on animal health, and technological advancements in veterinary care...
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[Hyderabad, July 11th, 2025] The global child care market is witnessing significant growth, driven by evolving family structures, increased dual-income households, and an increasing demand for accessible child care services. As per a recent report by Mordor Intelligence, the child care market is projected to reach USD 323.15 billion by 2030, growing at a robust CAGR of 5.69% from USD 245.04 billion in 2025. Growth Drivers for the Child Care Market The child care industry has been...
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The Corporate Wellness Market is projected to grow from USD 66.16 billion in 2025 to USD 91.23 billion by 2030, registering a CAGR of 6.12% during the forecast period. As organizations increasingly recognize the link between employee well-being and business performance, investment in workplace wellness programs is rising globally. The market is driven by a growing awareness of mental health, chronic disease prevention, work-life balance, and the need to reduce healthcare costs. Employers are...
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The Revenue Cycle Management (RCM) Market is projected to grow significantly from USD 86.45 billion in 2025 to USD 141.20 billion by 2030, registering a Compound Annual Growth Rate (CAGR) of 10.31% during the forecast period. The global healthcare landscape is undergoing rapid transformation, with hospitals and clinics increasingly adopting RCM solutions to streamline billing, coding, patient registration, claims processing, and payment collections. The growing complexity of regulatory...
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The reinsurance market generated USD 469.70 billion in 2025 and is forecast to climb to USD 629.70 billion by 2030, reflecting a 6.04% CAGR. The market is expected to expand at a steady CAGR of 4.12% from 2025 to 2030. The increasing demand for risk management solutions, coupled with advancements in underwriting and pricing models, are key factors contributing to the Reinsurance Market's growth. Introduction to the Reinsurance Market Reinsurance plays a critical role in...
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[Hyderabad, July 10th, 2025] According to Mordor Intelligence’s latest market research, the global in vitro diagnostics (IVD) market is estimated at USD 100.08 billion in 2025 and is projected to reach USD 131.55 billion by 2030, advancing at a CAGR of 5.62% during the forecast period. The in vitro diagnostics (IVD) market encompasses medical tests performed outside the human body to detect diseases, monitor health conditions, and guide treatment decisions. These tests analyse...
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Hyderabad, July 10, 2025 – The Security Operations Center as a Service market is rapidly gaining momentum as enterprises seek agile, scalable, and real-time threat detection and response solutions to counter rising cybersecurity risks. The Security Operations Center as a Service market is valued at USD 13.07 billion in 2025 and is forecast to reach USD 25.32 billion by 2030, expanding at a 14.15% CAGR. Growing Emphasis on Outsourced Cybersecurity Infrastructure The increasing reliance on...
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The global peanut oil market size is projected to grow from USD 11.30 billion in 2025 to USD 12.76 billion by 2030, reflecting a CAGR of 2.46%. The market is underpinned by evolving consumer health preferences, expanding foodservice applications, and increasing demand for premium organic and cold-pressed oil variants. Key Peanut Oil Market Trends Health Awareness Fuels Peanut Oil Demand Rising health consciousness is a key driver of market growth. Peanut...
