The global medical device testing services market is estimated to surge at a CAGR of 6.59% from a market value of USD9.551 billion in 2019 to achieve a market value of USD14.007 billion by the end of 2025.Medical device testing services is the most commonly utilized testing services and solutions that are performed within the medical industry. Hence with the growing medical device industry at the global level, the market is projected to hold strong growth prospects during the forecast period. Read more...
The Laboratory Supplies market was valued at US$30.121 billion in 2019. Global spending on R&D has reached a record high of almost US$ 1.7 trillion. About 10 countries account for 80% of spending. As part of the Sustainable Development Goals (SDGs), countries have pledged to substantially increase public and private R&D spending as well as the number of researchers by 2030. Moreover, there have been continuous investments to fuel the expansion of R&D facilities, especially life sc Read more...
Global Testing Equipment and Services market was valued at US$443.651 billion in 2019. Strict regulations regarding quality inspection and testing services is the major driver of global testing and equipment market. Additionally, penalties are imposed on firms for not conforming to the guidelines and regulations that are in place by government organizations to prevent any mishap or accident that can be caused to the consumer due to poor quality products. For example, federal law in the U Read more...
UK Protective Clothing market was evaluated at US$223.947 million for the year 2019. The protective clothing market in the United Kingdom is poised to show a notable growth on account of the numerous regulations by the government regarding the safety and health of the workers across the various end-user industries working in the harsh working environments. The Personal Protective at Work Regulations 1992 regulates the use of PPE across the industries which also mandates the adoption of t Read more...
UAE protective clothing market was evaluated at US$74.780 million for the year 2019. The market is poised to grow on account of the rising manufacturing sector of the country. The UAE economy is growing led by the growth of non-oil activities. The government is continuously extending support to the local manufacturers without making domestic trading environment uncompetitive. Significant growth in the manufacturing sector has resulted from the “Made in UAE” initiative, leadin Read more...
U.S. Protective Clothing market was valued at US$1,792.460 million in 2019. Stringent government regulations regarding the workers’ safety is the major driver of the protective clothing market in the U.S. The country strictly focuses on the health and safety of workers that work in the hazardous work environment which is clearly boosting the demand for protective clothing in the country. The presence of major market players such as 3M, Honeywell, and Lakeland in the country also co Read more...
Spain Protective Clothing market was valued at US$122.145 million in 2019. Stringent regulations regarding workers’ safety is the major driver of the protective clothing market in Spain. Growing Spain’s pharmaceutical industry is also significantly contributing to the rising demand for protective clothing in the country. The presence of global pharmaceutical companies including Pfizer and Takeda, supported by the continuous investments in pharmaceutical R&D is boosting the Read more...
South Korea Protective Clothing market was valued at US$228.805 million in 2019. Strict workers’ safety regulations in the country is significantly driving the market growth of protective clothing in South Korea. The growing aerospace industry is another factor behind the augmenting demand for protective clothing in the country. According to the International Trade Administration (IEA), the country’s aerospace industry market size increased from US$7,859 million in 2016 to U Read more...
South America Protective Clothing market was valued at US$273.590 million in 2019. Growing concerns regarding workers’ safety across various industries is substantially bolstering the market growth of protective clothing in this region. Changes in the Brazilian Labor Code came into effect on November 11, 2017, providing specific health and safety requirements for home workers. Rising demand for firefighting services is another major factor that is significantly supporting the prote Read more...
North America Protective Clothing market was valued at US$2,155.270 million in 2019. Strict workers’ safety regulations in countries like the U.S. and Canada is the major driver of the protective clothing market in North America. As per the OSHA (Occupational Safety and Health Administration) regulations under the United States Department of Labor, workers are required to use personal protective equipment (PPE) in order to minimize exposure to hazards at the workplace that cause se Read more...
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