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  • Emission-Free Haulage: Unveiling the Potential of Electric Commercial Vehicles πŸŒΏπŸš›

    In recent years, more electric vehicles have been on the road, and this trend will only continue as global demand rises. Furthermore, as the average daily driving length is usually lower in metropolitan areas, more efficient vehicles are typically more common there. By 2030, it's anticipated that more than 50% of the world's population will reside in urban areas, increasing the need for electric vehicles.

    Electric Commercial Vehicle Market Size and Share Analysis@ https://www.psmarketresearch.com/market-analysis/commercial-electric-vehicle-market

    The number of ports available is growing yearly as many communities attempt to fulfill the rising demand for charging stations. Electric automobiles are becoming more widely available as there are more charging stations in airports, supermarkets, and other public places.

    The commercial electric vehicle sector is experiencing significant growth due to the falling cost and rising operational efficiency of batteries. Industry experts claim that the average cost of Li-ion battery packs for large sales has dropped from about $642/kWh in recent years to about $209/kWh.

    Any decrease in the price of batteries would help manufacturers lower the selling price of these cars, which would increase sales as the battery makes up around 40% of the cost of making commercial electric vehicles.

    Additionally, the expansion of battery production, notably in China, would contribute to achieving economies of scale and decreasing battery costs in the upcoming years.
    In the past, electric trucks had the largest market share regarding vehicle type. Due to the globally expanding freight demand and the major economic growth in emerging nations like China, it is anticipated that the sales volume of electric vehicles falling under the HDT category will increase at the quickest rate.
    Emission-Free Haulage: Unveiling the Potential of Electric Commercial Vehicles πŸŒΏπŸš› In recent years, more electric vehicles have been on the road, and this trend will only continue as global demand rises. Furthermore, as the average daily driving length is usually lower in metropolitan areas, more efficient vehicles are typically more common there. By 2030, it's anticipated that more than 50% of the world's population will reside in urban areas, increasing the need for electric vehicles. Electric Commercial Vehicle Market Size and Share Analysis@ https://www.psmarketresearch.com/market-analysis/commercial-electric-vehicle-market The number of ports available is growing yearly as many communities attempt to fulfill the rising demand for charging stations. Electric automobiles are becoming more widely available as there are more charging stations in airports, supermarkets, and other public places. The commercial electric vehicle sector is experiencing significant growth due to the falling cost and rising operational efficiency of batteries. Industry experts claim that the average cost of Li-ion battery packs for large sales has dropped from about $642/kWh in recent years to about $209/kWh. Any decrease in the price of batteries would help manufacturers lower the selling price of these cars, which would increase sales as the battery makes up around 40% of the cost of making commercial electric vehicles. Additionally, the expansion of battery production, notably in China, would contribute to achieving economies of scale and decreasing battery costs in the upcoming years. In the past, electric trucks had the largest market share regarding vehicle type. Due to the globally expanding freight demand and the major economic growth in emerging nations like China, it is anticipated that the sales volume of electric vehicles falling under the HDT category will increase at the quickest rate.
    WWW.PSMARKETRESEARCH.COM
    Electric Commercial Vehicle Market Growth Forecast, 2023-2030
    The electric commercial vehicle market size stood at $68.9 billion in 2022, and it is expected to grow at a CAGR of 36.2% during 2022–2030.
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  • Micromobility Market Will Reach $10,351 Million by 2030

    The micromobility market was valued at $3,060 million in 2021, and it is set to reach $10,351 million by 2030, growing at a CAGR of 14.5% between 2021 and 2030, according to a research report by a market research company P&S Intelligence.

    Micromobility Market Size and Share Analysis@ https://www.psmarketresearch.com/market-analysis/micromobility-market

    This can be credited to the constant enhancements in smart cities and the automotive infrastructure globally, increasing number of micromobility vehicles with several benefits, including compact size, ease to use, low weight, and increasing need for ridesharing in tier 1 cities.

    In 2021, the bike-sharing category held the largest revenue share of approximately 68.4%, and will continue its dominance in the years to come. This can be attributed to the extensive use of such services in the APAC region as these services are cost-effective and environment-friendly mobility options, enormously helpful in battling the problem of pollution.

    The less traveling cost involved with sharing a bike is the major contributor to the growth of the industry. Usually, the revenue structure of these businesses comes with an initial fixed charge for unlocking the vehicle is $0.20 for half hour of travel on average, which is way cheaper than a four-wheeler vehicle sharing option, like car rental and taxi, ridesharing.

    Furthermore, several businesses are providing subscription-based bike-sharing services on a monthly, weekly, and daily basis, which makes travel more cost-efficient for regular customers. For example, Citi Bike provides a day pass, three-day pass, and annual membership to its customers.

    The kick scooter sharing category is projected to grow fastest in the years to come. This growth can be credited to the role of kick scooters in resolving first- and last-mile traveling issues worldwide and the huge investment by venture capitalists, major investors, and also from automotive stalwart, in this industry.

    In 2021, North America had the larger revenue share of the kick scooter sharing industry, and it is projected to continue its dominance in the future. The reason for the growth of this industry in this region is the increasing number of startups and growing expenditure by several venture capitalists, with large automobile players.

    Technological enhancements are mainly responsible for the development of the scooter sharing industry across the globe, as such services are solely reliant on technology for back-end functioning, to enable customers to access the rides 24×7. The scooter-sharing services are mainly provided through mobile apps, where the providers and the users connect for doing payments, booking rides, and parking vehicles.

    Micromobility Market Will Reach $10,351 Million by 2030 The micromobility market was valued at $3,060 million in 2021, and it is set to reach $10,351 million by 2030, growing at a CAGR of 14.5% between 2021 and 2030, according to a research report by a market research company P&S Intelligence. Micromobility Market Size and Share Analysis@ https://www.psmarketresearch.com/market-analysis/micromobility-market This can be credited to the constant enhancements in smart cities and the automotive infrastructure globally, increasing number of micromobility vehicles with several benefits, including compact size, ease to use, low weight, and increasing need for ridesharing in tier 1 cities. In 2021, the bike-sharing category held the largest revenue share of approximately 68.4%, and will continue its dominance in the years to come. This can be attributed to the extensive use of such services in the APAC region as these services are cost-effective and environment-friendly mobility options, enormously helpful in battling the problem of pollution. The less traveling cost involved with sharing a bike is the major contributor to the growth of the industry. Usually, the revenue structure of these businesses comes with an initial fixed charge for unlocking the vehicle is $0.20 for half hour of travel on average, which is way cheaper than a four-wheeler vehicle sharing option, like car rental and taxi, ridesharing. Furthermore, several businesses are providing subscription-based bike-sharing services on a monthly, weekly, and daily basis, which makes travel more cost-efficient for regular customers. For example, Citi Bike provides a day pass, three-day pass, and annual membership to its customers. The kick scooter sharing category is projected to grow fastest in the years to come. This growth can be credited to the role of kick scooters in resolving first- and last-mile traveling issues worldwide and the huge investment by venture capitalists, major investors, and also from automotive stalwart, in this industry. In 2021, North America had the larger revenue share of the kick scooter sharing industry, and it is projected to continue its dominance in the future. The reason for the growth of this industry in this region is the increasing number of startups and growing expenditure by several venture capitalists, with large automobile players. Technological enhancements are mainly responsible for the development of the scooter sharing industry across the globe, as such services are solely reliant on technology for back-end functioning, to enable customers to access the rides 24×7. The scooter-sharing services are mainly provided through mobile apps, where the providers and the users connect for doing payments, booking rides, and parking vehicles.
    WWW.PSMARKETRESEARCH.COM
    Micromobility Market Size, Share & Demand Forecast to 2030
    The micromobility market was valued at $3,060 million in 2021, and this number is expected to increase to $10,351 million by 2030, advancing at a CAGR of 14.5% during 2021–2030.
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  • Why is the Optical Metrology Market on the Roll?
    The optical metrology market will show positive growth in the coming years.  The expansion of the market is attributed to the increasing demand for precise tools and equipment for measuring for inspecting electronic chips in semiconductor manufacturing. The market is segmented into video measuring machines, optical/laser scanners, and optical/laser scanners because of the increasing demand...
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  • Increasing Population, a Major Factor for the Growth of Train Control Management System Market
    The train control management system market will develop significantly in the future. The industry observed a significant growth in the past few years, which has much to do with the increase in requirement for safety in railway systems, fast increasing population in the urban areas, progressions in the rail technology, and growth of the infra. The industry has been classified on the basis of the...
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  • U.S. Mattress Market Growth, Development and Demand Forecast Report 2030

    A number of factors, such as the growing construction industry, booming hospitality and tourism sectors, surging concern toward sound and healthy sleep, and increasing prevalence of back and spine problems, across the country, are expected to drive the growth of the U.S. mattress market at a CAGR of 4.8% during the foreseeable period (2020–2030). According to P&S Intelligence, the market generated $16,716.5 million revenue in 2020, and it is expected to reach $26,790.4 million by 2030.

    One of the prime factors aiding the U.S. mattress market growth is the surging construction industry. For instance, as per the U.S. Census Bureau, construction spending reached $1.324 trillion in 2019, from $1.271 trillion in 2018 in the country. Moreover, the spending on private construction was 1.6% more in 2019 as compared to 2018. Likewise, residential construction spending was 2.7% higher in 2019, than the previous year. The data states that the construction sector is observing notable growth in the U.S., which is driving the demand for mattresses.

    Browse detailed report - https://www.psmarketresearch.com/market-analysis/us-mattress-market


    Geographically, in the U.S. mattress market, the southern region held the largest share in 2020. This is because the region offers growth opportunities to players operating in the market, due to the high urbanization rate in this part of the country, and southern cities have a huge population base. For example, Metropolitan Atlanta has been observing a significant rise in its population, with an addition of 69,200 residents every year.

    Thus, the growing construction industry and the booming hospitality and tourism sectors are expected to boost the market growth during the forecast period in the country.
    U.S. Mattress Market Growth, Development and Demand Forecast Report 2030 A number of factors, such as the growing construction industry, booming hospitality and tourism sectors, surging concern toward sound and healthy sleep, and increasing prevalence of back and spine problems, across the country, are expected to drive the growth of the U.S. mattress market at a CAGR of 4.8% during the foreseeable period (2020–2030). According to P&S Intelligence, the market generated $16,716.5 million revenue in 2020, and it is expected to reach $26,790.4 million by 2030. One of the prime factors aiding the U.S. mattress market growth is the surging construction industry. For instance, as per the U.S. Census Bureau, construction spending reached $1.324 trillion in 2019, from $1.271 trillion in 2018 in the country. Moreover, the spending on private construction was 1.6% more in 2019 as compared to 2018. Likewise, residential construction spending was 2.7% higher in 2019, than the previous year. The data states that the construction sector is observing notable growth in the U.S., which is driving the demand for mattresses. Browse detailed report - https://www.psmarketresearch.com/market-analysis/us-mattress-market Geographically, in the U.S. mattress market, the southern region held the largest share in 2020. This is because the region offers growth opportunities to players operating in the market, due to the high urbanization rate in this part of the country, and southern cities have a huge population base. For example, Metropolitan Atlanta has been observing a significant rise in its population, with an addition of 69,200 residents every year. Thus, the growing construction industry and the booming hospitality and tourism sectors are expected to boost the market growth during the forecast period in the country.
    WWW.PSMARKETRESEARCH.COM
    U.S. Mattress Market Research Report | Growth Analysis, 2030
    The U.S. mattress market generated the revenue of $16,716.5 million in 2020, and is set to progress at a CAGR of 4.8% during 2020–2030. The rising consumer preference for customized mattresses is one of the major trends in the U.S. mattress industry.
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  • Genset Market Share, Growth, Development and Demand Forecast to 2030

    The increasing construction of data centers has amplified the requirement for gensets, globally. The surging amount of data being generated and consumed has boosted the demand for infrastructure to support data access, analysis, and collation. In the coming years, the need for data centers is expected to surge, due to the growing usage of internet of things (IoT), accounting services, intelligent personal assistants, digital currencies, and autonomous cars. This will, further, amplify the need of generators, as they serve the prime and auxiliary power requirements for such places.

    Additionally, the surging requirement for these power-generating appliances from the construction sector will accelerate the genset market at 5.8% CAGR during 2020–2030. According to P&S Intelligence, the market value will rise from $17,592.6 million in 2019 to $27,863.0 million by 2030. Rapid industrialization in emerging economies and economic recovery in developed nations will result in the rise of construction activities in the coming years. For instance, the U.K., the U.S., India, Indonesia, and China are expected to record the maximum number of construction activities in the foreseeable

    Browse detailed report - https://www.psmarketresearch.com/market-analysis/genset-market

    Globally, the Asia-Pacific (APAC) region adopted the highest number of generators during 2014–2019, owing to the expansion of manufacturing sector, especially in India, Indonesia, and China. The sector is growing, due to the increasing government initiatives like the ‘Making Indonesia 4.0’, ‘Make in India’, and ‘Made in China 2025’. Moreover, rapid development of telecommunications infrastructure, on account of heavy investments and surge in number of residential units have also resulted in the widescale adoption of gensets. Both the telecom and residential sectors use generators for auxiliary power, due to moderately developed power infrastructure in APAC.

    Whereas, the Middle East and African (MEA) genset market is expected to witness the fastest growth in the near future, due to the poor grid connectivity in the region. Additionally, rapid industrialization and increasing commercial activities in the U.A.E., Turkey, Egypt, and Saudi Arabia will also boost the installation of power generation equipment in the coming years. Besides, the expansion of the construction sector, on account of infrastructure development plans like the Saudi Vision 2030, and upcoming mega events like the 2022 FIFA World Cup (Qatar), will amplify gensets sales in MEA in the future.

    Thus, the expanding construction sector and the escalating requirement for data centers will accelerate the adoption rate of gensets in the future.

    Genset Market Share, Growth, Development and Demand Forecast to 2030 The increasing construction of data centers has amplified the requirement for gensets, globally. The surging amount of data being generated and consumed has boosted the demand for infrastructure to support data access, analysis, and collation. In the coming years, the need for data centers is expected to surge, due to the growing usage of internet of things (IoT), accounting services, intelligent personal assistants, digital currencies, and autonomous cars. This will, further, amplify the need of generators, as they serve the prime and auxiliary power requirements for such places. Additionally, the surging requirement for these power-generating appliances from the construction sector will accelerate the genset market at 5.8% CAGR during 2020–2030. According to P&S Intelligence, the market value will rise from $17,592.6 million in 2019 to $27,863.0 million by 2030. Rapid industrialization in emerging economies and economic recovery in developed nations will result in the rise of construction activities in the coming years. For instance, the U.K., the U.S., India, Indonesia, and China are expected to record the maximum number of construction activities in the foreseeable Browse detailed report - https://www.psmarketresearch.com/market-analysis/genset-market Globally, the Asia-Pacific (APAC) region adopted the highest number of generators during 2014–2019, owing to the expansion of manufacturing sector, especially in India, Indonesia, and China. The sector is growing, due to the increasing government initiatives like the ‘Making Indonesia 4.0’, ‘Make in India’, and ‘Made in China 2025’. Moreover, rapid development of telecommunications infrastructure, on account of heavy investments and surge in number of residential units have also resulted in the widescale adoption of gensets. Both the telecom and residential sectors use generators for auxiliary power, due to moderately developed power infrastructure in APAC. Whereas, the Middle East and African (MEA) genset market is expected to witness the fastest growth in the near future, due to the poor grid connectivity in the region. Additionally, rapid industrialization and increasing commercial activities in the U.A.E., Turkey, Egypt, and Saudi Arabia will also boost the installation of power generation equipment in the coming years. Besides, the expansion of the construction sector, on account of infrastructure development plans like the Saudi Vision 2030, and upcoming mega events like the 2022 FIFA World Cup (Qatar), will amplify gensets sales in MEA in the future. Thus, the expanding construction sector and the escalating requirement for data centers will accelerate the adoption rate of gensets in the future.
    WWW.PSMARKETRESEARCH.COM
    Global Genset Market Size | Generator Industry Forecast, 2020-2030
    The global generator market size was $17,592.6 million in 2019 and it is projected to witness a CAGR of 5.8% during 2020–2030. The market is driven by Low Power Creation and Grid Uncertainties in Developing Countries.
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  • The selection of the foam blowing agents facilitates a closed-cell structure reducing heat transfer partly led by the foam blowing agent properties retained within the foam for enduring use of the foam. The blowing agent can be liquid or gaseous form dissolved in the foam precursors that also expand after being sprayed or injected, commencing the foaming reaction. The foam blowing agent and foam matrix are bonded with the impermeable metal facings and are chosen to reduce migration of the blowing foam agent to further increase the thermal conductivity.

    Foam Blowing Agents Market Size, Share, Development, Growth and Demand Forecast Report@ https://www.psmarketresearch.com/market-analysis/foam-blowing-agents-market

    Getting to terms with Foam Applications
    Rigid Polyurethane foam is utilized in commercial refrigeration, which includes insulation for metal doors, pipes, and walls in commercial refrigeration equipment, coolers, vending machines, refrigerated transport vehicles, and buoyancy. It is also used in marine floatation foam that facilitates boat manufacturing for structural purposes.

    Polystyrene foam is extensively used in extruded sheets for buoyancy, floatation, and packaging purposes. It is also utilized in extruded board stock, and accommodation, including flooring, roofing, walls, and pipes’ insulation.

    What Exactly are Foam Blowing Agents
    The hydrofluorocarbons are massively utilized as insulation foam blowing agents, owing to their good insulation properties, technical performance, and, low flammability. The low global warming potentials, non-flammable hydrofluoroolefins, and hydrochlorofluoroolefins are utilized as foam blowing agents, as they facilitate insulation performance that replaces the blowing agents with high-GWPs, such as HFCs, it also can replace several hydrocarbon elements, and carbon dioxide is blown, majorly depending on enhanced thermal properties.
    The selection of the foam blowing agents facilitates a closed-cell structure reducing heat transfer partly led by the foam blowing agent properties retained within the foam for enduring use of the foam. The blowing agent can be liquid or gaseous form dissolved in the foam precursors that also expand after being sprayed or injected, commencing the foaming reaction. The foam blowing agent and foam matrix are bonded with the impermeable metal facings and are chosen to reduce migration of the blowing foam agent to further increase the thermal conductivity. Foam Blowing Agents Market Size, Share, Development, Growth and Demand Forecast Report@ https://www.psmarketresearch.com/market-analysis/foam-blowing-agents-market Getting to terms with Foam Applications Rigid Polyurethane foam is utilized in commercial refrigeration, which includes insulation for metal doors, pipes, and walls in commercial refrigeration equipment, coolers, vending machines, refrigerated transport vehicles, and buoyancy. It is also used in marine floatation foam that facilitates boat manufacturing for structural purposes. Polystyrene foam is extensively used in extruded sheets for buoyancy, floatation, and packaging purposes. It is also utilized in extruded board stock, and accommodation, including flooring, roofing, walls, and pipes’ insulation. What Exactly are Foam Blowing Agents The hydrofluorocarbons are massively utilized as insulation foam blowing agents, owing to their good insulation properties, technical performance, and, low flammability. The low global warming potentials, non-flammable hydrofluoroolefins, and hydrochlorofluoroolefins are utilized as foam blowing agents, as they facilitate insulation performance that replaces the blowing agents with high-GWPs, such as HFCs, it also can replace several hydrocarbon elements, and carbon dioxide is blown, majorly depending on enhanced thermal properties.
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  • How Does Seed Treatment Help in Improving Yield

    Seed treatment can be defined as the application of insecticide, fungicide, or both to seeds to disinfect them from soil-borne or seed-borne pathogenic organisms or storage insects. It refers to seeds subjected to immersion in conditioned water, solar energy exposure, or others.

    Seed Treatment Market Research Report@ https://www.psmarketresearch.com/market-analysis/seed-treatment-market

    The seed treatment helps in preventing the spread of plant diseases. It protects seeds from seedling blights and seed rot. In addition, seed treatment improves germination, ensures protection from storage insects, and controls soil insects.

    Methods for Seed Treatment

    Seed Dressing: Seed dressing is the most common method for seed protection. In this way, the seed is dressed with either a dry formulation or wet treatment with a liquid formulation or slurry. Dressings need to be applied in both industries, and farms. This process involves, spreading the sheet on a polyethylene sheet, and needs several chemicals for sprinkling on surface seeds.

    Seed Coating: The seed coating method is primarily utilized in industries. It involves advanced treatment technology.

    Seed Pelleting: It is a method utilized for transforming the physical shape of the seed to improve palatability. This process involves sophisticated seed treatment technology.

    The seed treatment industry is projected to rise in the coming years. It is ascribed to surging government initiatives, and efforts of private organizations to enhance the crop yield, with increasing application of technologically advanced seed treatment solutions for improving the seed quality, and growing requirement for basic grains and vegetables, led by increasing population.

    Under the product type, the chemical category captures the larger share in terms of volume and revenue. It is ascribed to the ability of chemical seed treatment to enhance the germination process and health maintenance.

    In addition, seed treatment chemicals come with a stronger repelling ability against microorganisms, pests, and insects compared to biological seed treatment products.

    Under the crop type, cereals and grains capture the largest industry share, in terms of both value, and volume. It is ascribed to the massive-volume production of cereals and grains, including wheat, rice, corn, ragi, barley, and sorghum, led by increasing consumption and surging per capita income.
    How Does Seed Treatment Help in Improving Yield? Seed treatment can be defined as the application of insecticide, fungicide, or both to seeds to disinfect them from soil-borne or seed-borne pathogenic organisms or storage insects. It refers to seeds subjected to immersion in conditioned water, solar energy exposure, or others. Seed Treatment Market Research Report@ https://www.psmarketresearch.com/market-analysis/seed-treatment-market The seed treatment helps in preventing the spread of plant diseases. It protects seeds from seedling blights and seed rot. In addition, seed treatment improves germination, ensures protection from storage insects, and controls soil insects. Methods for Seed Treatment Seed Dressing: Seed dressing is the most common method for seed protection. In this way, the seed is dressed with either a dry formulation or wet treatment with a liquid formulation or slurry. Dressings need to be applied in both industries, and farms. This process involves, spreading the sheet on a polyethylene sheet, and needs several chemicals for sprinkling on surface seeds. Seed Coating: The seed coating method is primarily utilized in industries. It involves advanced treatment technology. Seed Pelleting: It is a method utilized for transforming the physical shape of the seed to improve palatability. This process involves sophisticated seed treatment technology. The seed treatment industry is projected to rise in the coming years. It is ascribed to surging government initiatives, and efforts of private organizations to enhance the crop yield, with increasing application of technologically advanced seed treatment solutions for improving the seed quality, and growing requirement for basic grains and vegetables, led by increasing population. Under the product type, the chemical category captures the larger share in terms of volume and revenue. It is ascribed to the ability of chemical seed treatment to enhance the germination process and health maintenance. In addition, seed treatment chemicals come with a stronger repelling ability against microorganisms, pests, and insects compared to biological seed treatment products. Under the crop type, cereals and grains capture the largest industry share, in terms of both value, and volume. It is ascribed to the massive-volume production of cereals and grains, including wheat, rice, corn, ragi, barley, and sorghum, led by increasing consumption and surging per capita income.
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  • Why Non-invasive Prenatal Testing is the Right thing To Do?
    Non-Invasive Prenatal Testing is a test during pregnancy that identifies chromosomal abnormalities in the developing foetus. This looks for a small amount of the baby’s DNA in the mother’s bloodstream, also called as cell-free DNA. The blood is drawn from the to-be mother in the same way as in any other test. The sample is then sent to a lab to screen for chromosomal abnormalities....
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  • Wound Closure Products Market Size, Share and Growth Insights
    The wound closure products market has garnered $6,540.1 million revenue in 2021. Moreover, it is projected to advance at a rate of 5.0%, to generate $10,148.7 million revenue in 2030. It is ascribed to technological advancements, increasing elderly population, rising incidence of diabetes, and surging healthcare expenditure.    In addition, the rising volume of surgical procedures,...
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