Market Research Insights

The study undertaken by Astute Analytica foresees a tremendous growth in revenue of the market for  global indoor farming market  from US$ 26.5 Billion in 2021 to US$ 62.0 Billion by 2030. The market is anticipated to grow at a CAGR of 10.1% during the forecast period 2022-2030. Indoor vertical farming is defined as growing produce stacked one above another in a closed and indoor setup, and in a controlled environment. Growing crops on vertically mounted shelves significantly reduces the amount of land space needed to grow plants compared to traditional farming methods. Vertical farms are unique in the sense that some setups do not require soil for plants to grow. Most are either hydroponic, where vegetables are grown in a nutrient-dense bowl of water, or aeroponic, where the plant roots are systematically sprayed with water and nutrients. Moreover, vertical farms use smart sensors to monitor technical variables including temperature, carbon dioxide, ox...

According to the study undertaken by Astute Analytica, the  Global Neurostimulation Device Market  is forecasted to witness a rise in its revenue from US$ 7,622.7 Million in 2021 to US$ 17,367 Million by 2030, registering a CAGR of 9.7% over the forecast period. In terms of volume, the market is recording a CAGR of 8.3% during 2022-2030. The market is majorly driven by factors such as increasing incidence of neurological disorders and rising investment in neurological R&D. Neurostimulation involves the purposeful modulation of the nervous system's activity using invasive (e.g., microelectrodes) or non-invasive means (e.g., transcranial magnetic). Neurostimulation devices treat the nervous system directly with implantable or wearable devices that rebalance neural circuitry with pulses of electrical currents. Further, Neurostimulation devices can improve the quality of life of those who are severely paralyzed or suffering from profound losses to various...