Search Results for "compound annual growth rate"

The Electric Vehicle Market: Growth, Trends, and Investment Opportunities

The electric vehicle (EV) market is rapidly expanding, driven by a growing demand for sustainable transportation solutions. Learn about the growth, trends, and investment opportunities in the EV market.

Hyperfine, Inc. Enters into Agreements with Distributors for European Markets Expansion | Hyperfine, Inc.

Hyperfine Inc has entered into agreements with three experienced and accomplished distributors to support commercial expansion plans of the Swoop® system into European markets with an initial focus on France, the United Kingdom, and Italy. The Swoop® system is the first FDA-cleared portable magnetic resonance (MR) brain imaging system and has CE certification under the EU MDR and UKCA certification in the United Kingdom. The market is also driven by the growing adoption of cryogenic equipment in healthcare and pharmaceuticals, where it plays a crucial role in various applications such as the storage and transportation of biological materials, vaccines, blood products, and other sensitive medical supplies at ultra-low temperatures. The market is also driven by the growing adoption of cryogenic equipment in the energy and industrial sectors, where it is used for the storage and transportation of liquefied natural gas (LNG) and other cryogenic fluids. North America is the largest market for cryogenic equipment, driven by its technological prowess, thriving industrial sectors, strategic partnerships, and rising demand for LNG.