The global stem cell banking market was valued at USD 7.93 billion in 2022 and is projected to reach approximately USD 17.96 billion by 2032, growing at a CAGR of 8.57% during the forecast period (2023–2032). The market is being driven by the increased feasibility of stem cell-based therapies, rising awareness of regenerative medicine,
OCR Market Insights Across Banking, Retail, and Healthcare
The global optical character recognition (OCR) market was valued at USD 11 billion in 2022 and is projected to reach USD 34.16 billion by 2032, growing at a CAGR of 12% during the forecast period (2023–2032). This growth is driven by the increasing demand from the BFSI sector, advancements in artificial intelligence (AI) and machine l
Material Advancements Drive Bone Graft Substitutes Market Growth
The global bone graft substitutes market was valued at USD 3.28 billion in 2022 and is expected to reach USD 5.97 billion by 2032, growing at a CAGR of 6.18% during the forecast period. Market growth is driven by the rising adoption of synthetic bone grafts, an increasing elderly population, and a significant rise in regulatory approvals
Modified Starch Market Sees Growth in Industrial Applications
The global modified starch market was valued at USD 14.7 billion in 2022 and is projected to reach USD 19.5 billion by 2032, growing at a CAGR of 2.9% from 2023 to 2032. The market is driven by growing consumer demand for food products with clean labels, improved functionality, and affordability. Modified starch is increasingly utilized acr
QR Codes Payment Market Overview and Consumer Adoption Trends
The global QR code payment market was valued at USD 11.2 billion in 2022 and is expected to reach USD 53.48 billion by 2032, growing at a CAGR of 16.5% from 2023 to 2032. QR code-based payment systems have rapidly revolutionized the digital payments ecosystem, driven by increasing smartphone adoption, robust internet penetration, and a grow