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Showing posts from February, 2024

Spirometer Market: Rising Incidence of Respiratory Diseases Drives Growth

According to research report the global spirometer market was valued at $799 million in 2020 and is expected to reach $1,285 million by 2025, growing at a compound annual growth rate (CAGR) of 11.1% during the forecast period. This growth is largely driven by the rising global incidence of respiratory diseases, an aging population, and technological advancements in spirometer devices. Download PDF Brochure: https://www.marketsandmarkets.com/pdfdownloadNew.asp?id=18015659 Respiratory diseases are a major cause of death globally, accounting for five of the top 30 fatal diseases worldwide. Chronic obstructive pulmonary disease (COPD) ranks as the third leading cause of mortality. Early diagnosis and monitoring of respiratory diseases is crucial for effective treatment and avoiding complications. Spirometry plays a vital role in evaluating lung function and determining disease severity. The rising burden of respiratory illness will spur demand for spirometers going forward. A

Dental Equipment Market: Driven by Aging Populations and Technological Innovation

According to research report the global dental equipment market was valued at $6.5 billion in 2022 and is projected to reach $8.7 billion by 2027, expanding at a compound annual growth rate of 6.1% during the forecast period. Key factors powering this growth include an aging population, advances in dental technologies, and increased awareness of oral health. However, high costs and reimbursement challenges may restrain adoption. Download PDF Brochure: https://www.marketsandmarkets.com/pdfdownloadNew.asp?id=784 A prime market driver is the aging demographics in many countries coupled with growing rates of dental disease amongst senior citizens. Older populations suffer much higher incidence of tooth decay, gum infections, and tooth loss. This is spurring demand for dental implants, crowns, bridges and other restorative treatments. Additionally, older patients often require more complex procedures and cutting-edge equipment to provide accurate diagnoses and precision care.

Spinal Implants Market Innovations, Trends and Opportunities

According to research report the report Spinal Implants Market is poised for steady growth in the coming years, driven by an aging population and rising rates of spinal disorders globally. According to the report by MarketsandMarkets Research, the market was valued at $11.2 billion in 2023 and is expected to reach $14.3 billion by 2028, growing at a compound annual growth rate (CAGR) of 5%. Download PDF Brochure: https://www.marketsandmarkets.com/pdfdownloadNew.asp?id=712 Several factors are fueling demand for spinal implants. An increase in degenerative spinal conditions like spinal stenosis and degenerative disc disease among the elderly is creating a need for stabilizing fusion procedures. Dynamic stabilization devices and motion preservation implants are also seeing heightened interest as they aim to preserve mobility versus fusion surgery. On the supply side, major manufacturers like Medtronic, Johnson & Johnson, Stryker, and others are releasing innovative new

Driving Growth in the Healthcare IT Integration Market: Key Factors and Challenges

According to research report the global Healthcare IT Integration Market is poised for robust growth in the coming years as healthcare providers increasingly seek to connect disjointed systems and aggregate patient data across care settings. According to MarketsandMarkets Research, the global market was valued at $3.9 billion in 2021 and is projected to reach $7.1 billion by 2026, expanding at a compound annual growth rate (CAGR) of 12.4%. Download PDF Brochure : https://www.marketsandmarkets.com/pdfdownloadNew.asp?id=228536178 Several macro trends are driving spending on IT integration solutions. The widespread adoption of electronic health records (EHRs) and other digital tools has created a pressing need to integrate data locked in departmental silos. Additionally, the COVID-19 pandemic accelerated the use of telehealth and remote monitoring, which rely heavily on system and device interoperability. Favorable government policies and funding programs also incentivize th

Pain Management Devices Market Set for 8.6% CAGR Growth

According to research report the global Pain Management Devices Market is on a healthy growth trajectory, projected to reach $3.3 billion by 2026, according to a new report from MarketsandMarkets. This represents a compound annual growth rate (CAGR) of 8.6% over the next several years. Download PDF Brochure:  https://www.marketsandmarkets.com/pdfdownloadNew.asp?id=91418163 Key factors propelling the demand for pain management devices include a rise in surgical procedures worldwide, an aging population with chronic pain issues, and improved access to healthcare in developing markets. Technological advancements are also driving growth, with next-generation devices offering precise pain relief with minimal side effects. However, the market faces some restraints as well. High costs and low reimbursement rates in some countries limit access to advanced pain management devices. Moreover, recalls of defective products – like NeuroMetrix’s Quell device in 2018 – can negatively imp

Tangential Flow Filtration Market Poised for 13.5% Growth

According to research report the global tangential flow filtration market is experiencing strong growth, according to a new report from MarketsandMarkets. The market was valued at $1.9 billion in 2023 and is projected to reach $3.6 billion by 2028, expanding at a compound annual growth rate (CAGR) of 13.5%. Download PDF Brochure:  https://www.marketsandmarkets.com/pdfdownloadNew.asp?id=72081607 Several key factors are driving the rise of the TFF market, including increasing research and development spending by pharmaceutical and biotechnology companies, continuous improvements in filtration technologies, and growing demand for biologics. TFF is an essential step in processing biologics such as proteins, antibodies, and vaccines. As more biologics receive regulatory approval, the need for effective TFF solutions also increases. Recent technological advancements are making TFF systems more efficient, convenient, and cost-effective. These include single-pass TFF, automated

Immunohistochemistry Market Analysis: Growth Drivers and Opportunities

According to recent market research, the global Immunohistochemistry Market is projected to reach $4.7 billion by 2028, growing at a compound annual growth rate (CAGR) of 7.4% from 2023 to 2028. This remarkable growth can be attributed to the increasing prevalence of chronic diseases, such as cancer and neurological disorders, as well as the growing adoption of digital pathology and the availability of reimbursement for IHC tests. Download PDF Brochure: https://www.marketsandmarkets.com/pdfdownloadNew.asp?id=121632939 Driving Forces Behind Market Growth Rising Prevalence of Chronic Diseases: The global burden of chronic diseases, including cancer, has been on the rise, fueling the demand for accurate and reliable diagnostic tools like immunohistochemistry. IHC plays a crucial role in cancer diagnosis, staging, and therapeutic decision-making, contributing to the market's growth. Technological Advancements: The integration of digital pathology with IHC has revolutioniz

qPCR Reagents Market Analysis: Growth Drivers and Opportunities

According to recent market analysis, the global qPCR reagents market is projected to grow at a compound annual growth rate (CAGR) of 7.7% in the coming years. This remarkable growth can be attributed to several key drivers, including the rising patient population base for infectious diseases and genetic disorders, coupled with the growing geriatric population and the increasing public-private investments in PCR-based research. Download PDF Brochure: https://www.marketsandmarkets.com/pdfdownloadNew.asp?id=102087588 Driving Forces Behind Market Expansion Technological Advancements: The life sciences sector has witnessed a surge in technological advancements, paving the way for more sophisticated and sensitive qPCR reagents. These advancements have not only improved the accuracy and reliability of diagnostic tests but have also expanded the applications of qPCR in various fields, such as drug discovery, biomarker identification, and gene expression analysis. Increasing Resea

Patient Lateral Transfer Market Dynamics: Trends and Forecasts

The patient lateral transfer market is expected to reach USD 446.2 million by 2025 from USD 288.7 million in 2020, at a CAGR of 9.1% during the forecast period of 2020 to 2025. Due to the outbreak of corona virus globally, there is a sudden rise in the demand for lateral transfer devices. The Growth in this market will majorly be driven by the high risk of musculoskeletal injuries to caregivers during manual handling of patients and the implementation of regulations to minimize manual patient handling. However, the lack of training to caregivers for the efficient operation of patient handling equipment is a key challenge in this market. Download PDF Brochure: https://www.marketsandmarkets.com/pdfdownloadNew.asp?id=93948116 Driver: High risk of injuries to caregivers during manual handling of patients Manual handling of disabled patients may result in severe musculoskeletal injuries to caregivers, it can cause caregiver injury and put patients at risk of falls, fractures,

Blood Gas Analyzer Market Dynamics: Trends and Forecasts

The global blood gas analyzer market was estimated to be USD 506.9 Million in 2016, which would reach USD 636 Million by 2021, growing at a CAGR of 4.6% during 2016 to 2021. Blood gas analyzers are used in conditions such as diabetes, blood vessel hemorrhage, drug overdose and shock for testing several parameters including oxygen concentration, hydrogen ion, electrolytes and partial pressure of carbon dioxide and oxygen. Download PDF Brochure: https://www.marketsandmarkets.com/pdfdownloadNew.asp?id=242278963 Owing to the increasing demand for point of care and automated blood gas analyzers, this market is expected to witness decent growth in the coming years. An increase in number of patients being treated in ICUs, NICUs and emergency departments would further accelerate the pace of growth of blood gas analyzers market. The blood gas analyzer market is segmented on the basis of major product brands (i-STAT, epoc, GEM 3000, GEM 3500, GEM 4000, ABL800, ABL80, ABL90, cobas

Cancer Immunotherapy Market Exploring Growth Opportunities and Challenges

The projected growth of the global cancer immunotherapy market is expected to reach a Compound Annual Growth Rate (CAGR) of 14.0%. This expansion is driven by several factors, including the increasing preference for targeted therapy over traditional methods, the emergence of biosimilars, growing demand for monoclonal antibodies (mAbs), and the high prevalence of cancer. Download PDF Brochure: https://www.marketsandmarkets.com/pdfdownloadNew.asp?id=197577894 Cancer immunotherapy medications aim to modify or enhance the body's natural immune response to combat cancer. This market heavily relies on research, particularly on the discovery of molecules capable of eliciting immune responses against various cancer indications. Segmentation of the cancer immunotherapy market by product includes monoclonal antibodies, immunomodulators, vaccines, and checkpoint inhibitors. The checkpoint inhibitors segment is anticipated to experience the most significant CAGR, largely due to t

Veterinary Reference Laboratory Market: Exploring Growth Opportunities and Challenges

According to research report the global Veterinary Reference Laboratory Market size is anticipated to surge to USD 6.4 billion by 2027 from its 2022 value of USD 4.1 billion, with a projected Compound Annual Growth Rate (CAGR) of 9.3% over the forecast period. Download PDF Brochure: https://www.marketsandmarkets.com/pdfdownloadNew.asp?id=256972714 The growth drivers include the increasing number of veterinarians in developed nations and the rising incidence and prevalence of zoonotic diseases. However, the escalating treatment costs for both companion and livestock animals might impede market growth. Nevertheless, untapped emerging markets and public-private partnerships in veterinary health present significant opportunities, although challenges such as low awareness in emerging markets and a shortage of veterinarians in the veterinary reference laboratory market persist among key players. By Service type, the clinical chemistry services segment is anticipated to hold the

Medical Wearables Market: Exploring Global Growth Trends

The medical wearables market is projected to reach USD 19.5 billion by 2025 from USD 7.4 billion in 2020, at a CAGR of 21.4% during the forecast period. The growing demand for advanced clinical-grade wearables to streamline complex operational procedures among healthcare organizations has led to a number of product launches & enhancements in recent years. Companies focus on launching innovative solutions to gain a competitive edge and exploit market growth opportunities offered by advanced and next-generation wearables. Download PDF Brochure: https://www.marketsandmarkets.com/pdfdownloadNew.asp?id=52426876 Based on device type, the vital sign monitoring segment accounted for the largest share of the Clinical Wearable Market in 2019. The large share of this segment can be attributed to the high and growing penetration of smartphones and significant technological advancements in medical wearable devices, which have helped improve the treatment outcomes for patients. P

Veterinary Dental Equipment Market: Exploring Global Growth Trends

The global veterinary dental equipment market is projected to reach USD 500 million by 2026 from USD 334 million in 2021, at a CAGR of 8.4% during the forecast period. Growth in the global companion animal population, rising incidence of veterinary dental problems, and growth in the number of veterinary practitioners and their income levels in developed economies are the primary drivers for the veterinary dental equipment market. However, the increasing cost of pet care is expected to restrain the growth of this market to a certain extent. This problem will be further exacerbated by the low animal health awareness and a shortage of skilled veterinarians in emerging markets. Download PDF Brochure: https://www.marketsandmarkets.com/pdfdownloadNew.asp?id=155083837 Opportunity: Untapped emerging markets Companion animal ownership has grown significantly across the globe. This is particularly evident in the emerging markets across APAC and Latin America due to urbanization an

Bioreactors Market: Exploring Opportunities and Emerging Trends

The global bioreactors market is expected to grow at a CAGR of 6.8%. The study on global bioreactors market includes volume market for stainless steel, single-use and glass bioreactors. Factors such as the increase in adoption of single-use technologies, use of hybrid technologies: single-use and stainless steel, growing popularity of single-use bioreactor among biopharmaceutical companies, and growing biologics market are fueling the growth of this market. Download PDF Brochure: https://www.marketsandmarkets.com/pdfdownloadNew.asp?id=59253123 This report mainly considers three types of bioreactor material Glass, stainless steel, and single-use bioreactors. Glass bioreactors are majorly used for R&D and scaling up process development. They are also used in academic and research institutes. The single-use segment commanded around 41% of the global bioreactors market, in terms of volume. The large percentage of this segment is attributed to the widespread usage of sin

Angiography Equipment Market: Technological Advancements and Market Projection

The report Angiography Equipment Market is projected to reach USD 16.00 billion by 2027 from USD 10.74 billion in 2019, at a CAGR of 5.1%. Market growth can largely be attributed to factors such as technological advancements in angiography devices, the increasing number of patients with cardiovascular diseases & other chronic disorders, and the growing number of angiography procedures performed across the globe. Download PDF Brochure: https://www.marketsandmarkets.com/pdfdownloadNew.asp?id=189521618 By product, the angiography equipment market is segmented intoangiography systems, catheters, guidewires, balloons, contrast media, vascular closure devices, and accessories The angiography catheters segment is expected to grow at the highest CAGR during the forecast period. Growth in this market can be attributed to the growing importance of cardiac care and the increasing demand for MIS. The introduction of new products such as catheters with high flexibility and tracka

Stable Isotope Labeled Compounds Market Growth: Trends and Opportunities

The global stable isotope labeled compounds market size is projected to reach USD 312 million by 2024 from USD 269 million in 2019, at a CAGR of 3.0% between 2019 and 2024. The growth of this market is driven majorly by the increase in research activities in the pharmaceutical and biotechnology sector, the rising prevalence of cancer, and rising proteomics research. However, the high cost of stable isotope-labeled compounds is expected to restrain the growth of this market during the forecast period. Download PDF Brochure: https://www.marketsandmarkets.com/pdfdownloadNew.asp?id=53034199 The H-2 labeled compounds segment accounted for the largest share of the stable isotope labeled compounds market. Based on type, the stable isotope labeled compounds industry is segmented into C-13, N-15, O-18, H-2 (deuterium), and other isotopes. The H-2 labeled compounds segment accounted for the largest share of the stable isotope-labeled compounds market in 2019. The large share of this

Medical Radiation Detection Market Growth: Trends and Opportunities

The global medical radiation detection market is projected to reach USD 1.4 billion by 2027 from USD 1.0 billion in 2022, at a CAGR of 6.8% during the forecast period. Growth in this market is mainly driven by factors such as the high prevalence of cancers, the growing geriatric population, the growing number of radio diagnostic procedures performed, the rising adoption of radiation therapy, and the implementation of favorable government initiatives. Download PDF Brochure: https://www.marketsandmarkets.com/pdfdownloadNew.asp?id=1200 Opportunity: R&D for technological advancement Extensive research is being conducted in premier institutes, focusing on developing new techniques for detecting and measuring radiation exposure during medical procedures. Some notable examples in this regard have been listed below: According to an article published at Eureka Alert in April 2020, researchers at the Los Alamos National Laboratory and Argonne National Laboratory developed a new

Biopsy Devices Market: A Comprehensive Analysis and Future Projections - 2028

According to the latest report the biopsy devices market is projected to reach USD 12.6 billion by 2028 from USD 6.6 billion in 2023, at a CAGR of 14.0% from 2023 to 2028. Advancements in medical technology have led to the development of more precise and minimally invasive biopsy tools, reducing patient discomfort and recovery times. Secondly, an aging global population has increased the demand for cancer screening and diagnosis, where biopsies play a crucial role. Additionally, the rising incidence of cancer and other chronic diseases has spurred the need for more frequent and accurate tissue sampling. Download PDF Brochure: https://www.marketsandmarkets.com/pdfdownloadNew.asp?id=132886515 Opportunity: Technological Advancements Continued innovation in biopsy device technology, such as improved imaging capabilities, robotics, and precision-guided biopsy tools, offers opportunities for more accurate and less invasive procedures. Advanced imaging techniques such as ultraso

Laboratory Information System Market: A Comprehensive Analysis and Future Projections - 2028

According to research report the Laboratory Information System Market  is projected to reach USD 4.0 billion by 2028 from USD 2.4 billion in 2023, at a CAGR of 10.8% during the forecast period. Growth in this market is predominantly driven by the need for laboratory automation and the development of integrated laboratory information systems. However, a lack of integration standards is expected to hamper the growth of this market during the forecast period to a certain extent. Download PDF Brochure: https://www.marketsandmarkets.com/pdfdownloadNew.asp?id=232312738 Opportunity: Rising demand for personalized medicine Personalized medicine involves using the uniqueness of each patient’s pathology and physiology to tailor treatment and prevention procedures for gaining optimal results. The need for personalized medicine is on the rise owing to the growth in the aging population and the increasing incidence of chronic diseases such as cancer. For these disease conditions, person

Defibrillators Market Report 2028: A Surge to USD 18.1 Billion

The global defibrillator market is expected to reach USD 18.1 billion by 2028 from USD 13.6 billion in 2023, at a CAGR of 5.9% during the forecast period. Factors such as an increase in cardiac arrest among patients with cardiovascular diseases worldwide, growing initiatives by government or private organizations to boost the installation of defibrillators in public access places to enhance the responses during cardiac arrest emergencies, and a rise in defibrillators training & awareness programs are anticipated to propel the growth of defibrillators market during the forecast period. Moreover, ongoing developments in S-ICDs and MRI-compatible ICDs & CRT-Ds and improving healthcare infrastructure in emerging nations will likely support the market's growth. Download PDF Brochure:  https://www.marketsandmarkets.com/pdfdownloadNew.asp?id=549 Opportunity: Growing number of mergers & acquisitions among market players Many key market players in the defibrillator

Single Use Consumables Market Report 2027: A Surge to USD 4.7 Billion

The report Single Use Consumables Market is projected to reach USD 4.7 billion by 2027 from USD 2.2 billion in 2022, at a CAGR of 16.6% during the forecast period. Rising adoption of single use bioprocessing over traditional stainless methods is rising the demand for single use consumables across the globe. Additionally, the use of single-use consumables increases the productivity of manufacturing processes due to reductions in the cost and complexity of automation. These factors are expected to propel the market growth in coming years. Download PDF Brochure: https://www.marketsandmarkets.com/pdfdownloadNew.asp?id=44374840 Opportunity: Emerging Countries The market is witnessing growth in emerging countries such as China, India, South Korea, Singapore, Vietnam, Japan, and Brazil. These markets have huge development potential for providers who are unable to adhere to the strict regulatory standards in the US and EU as they lack appropriate standards and governmental laws.