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Showing posts from June, 2024

Gene Editing Market Competitor Analysis: Opportunities and Challenges

The global gene editing market size in terms of revenue, was estimated at .3 billion in 2023 and is projected to reach .6 billion by 2028, showcasing a remarkable compound annual growth rate (CAGR) of 15.0% from 2023 to 2028. Download PDF Brochure:  https://www.marketsandmarkets.com/pdfdownloadNew.asp?id=231037000 OPPORTUNITY: Expanding pipeline for gene therapy The expanding pipeline for gene therapy in the gene editing industry presents significant opportunities for advancements in treating genetic disorders and other diseases. Gene therapy involves the delivery of therapeutic genes or gene editing tools into the patient’s cells to correct genetic mutations, restore normal gene function, or introduce therapeutic genes for targeted treatment. The growing number of gene therapy candidates in the development pipeline highlights the potential for transformative breakthroughs in personalized medicine and the treatment of previously incurable diseases. CHALLENGE: High equipmen

Breast Imaging Market Expansion: Opportunities and Challenges

The Breast Imaging Market is projected to reach USD 6.6 billion by 2028, with a CAGR of 8.5% from 2023 to 2028. The report titled "Breast Imaging Market by Technology (Ionizing, Non-ionizing), Product (Breast Imaging Systems, Software and Services, Accessories), End User (Hospitals and Clinics, Diagnostic Imaging Centers, Breast Care Centers) - Global Forecasts to 2028" highlights key factors driving market growth, such as rising awareness campaigns, increasing public-private investments, and lucrative opportunities in emerging markets. Download PDF Brochure: https://www.marketsandmarkets.com/pdfdownloadNew.asp?id=897 Technology Segment Analysis During the forecast period of 2023-2028, the non-ionizing breast imaging technologies segment is expected to experience significant growth, surpassing the ionizing breast imaging technologies segment, which held the highest market share in 2022. Product Segment Analysis In terms of product, the software & services se

MIS Instruments Market Set to Reach USD 49.9 Billion by 2029

The global MIS instruments market is projected to generate $31.7 billion in revenue in 2024. This market is expected to grow at a compound annual growth rate (CAGR) of 9.5%, reaching $49.9 billion by 2029. Download PDF Brochure: https://www.marketsandmarkets.com/pdfdownloadNew.asp?id=682 Key Market Segments and Insights Dominance of Handheld Instruments In 2020, the handheld instruments segment held the largest share of the MIS instruments market by product segment. The growth of this segment can be attributed to the cost-effectiveness of articulating laparoscopic handheld surgical instruments. These tools are extensively used in cardiothoracic, arthroscopy, urology, cardiovascular, and neurological surgeries. Hospitals and Specialty Clinics Lead The market is segmented by end user into hospitals and specialty clinics, and ambulatory surgery centers. In 2020, hospitals and specialty clinics dominated the market due to their substantial investments in lab automation and i

Gene Editing Market Competitor Analysis: Opportunities and Challenges

The global gene editing market size in terms of revenue, was estimated at .3 billion in 2023 and is projected to reach .6 billion by 2028, showcasing a remarkable compound annual growth rate (CAGR) of 15.0% from 2023 to 2028. Download PDF Brochure:  https://www.marketsandmarkets.com/pdfdownloadNew.asp?id=231037000 OPPORTUNITY: Expanding pipeline for gene therapy The expanding pipeline for gene therapy in the gene editing industry presents significant opportunities for advancements in treating genetic disorders and other diseases. Gene therapy involves the delivery of therapeutic genes or gene editing tools into the patient’s cells to correct genetic mutations, restore normal gene function, or introduce therapeutic genes for targeted treatment. The growing number of gene therapy candidates in the development pipeline highlights the potential for transformative breakthroughs in personalized medicine and the treatment of previously incurable diseases. CHALLENGE: High equipmen

Monoclonal Antibody Therapeutics Market: A Landscape Overview for Industry Professionals

The global market for Monoclonal Antibody Therapeutics (mABs) is experiencing robust growth, driven by technological advancements, increasing prevalence of chronic diseases, and substantial investment in healthcare research and development. As CXOs, VPs, and directors navigate this dynamic landscape, understanding key market dynamics and current trends is essential for seizing emerging opportunities and overcoming challenges. Current Market Dynamics The size of the global monoclonal antibody therapeutics market was valued at approximately $252.6 billion in 2024 and is projected to reach $497.5 billion by 2029, growing at a compound annual growth rate (CAGR) of 14.5% during the forecast period. This growth underscores the market's significance and potential for stakeholders across therapeutic segments including oncology, inflammatory & autoimmune diseases, and hematology. Technological advancements in production methods, particularly in-vitro and in-vivo techniques

Dental Equipment Market Projected to Reach $8.7 Billion by 2027

According to research report the report Dental Equipment Market is projected to grow from USD 6.5 billion in 2022 to USD 8.7 billion by 2027, at a compound annual growth rate (CAGR) of 6.1%. This significant growth is driven by advancements in dental technology, increasing prevalence of oral disorders, and a rising demand for cosmetic dental procedures. Download PDF Brochure: https://www.marketsandmarkets.com/pdfdownloadNew.asp?id=784 Key Market Segments Therapeutic Dental Equipment: The Fastest Growing Segment The therapeutic dental equipment segment is expected to experience the highest growth rate between 2022 and 2027. This growth is primarily driven by the introduction of advanced technologies, such as electrosurgical devices, which offer benefits like lower operating costs, minimal bleeding, and reduced post-operative pain for patients. This segment includes dental chairs, dental units, CAD/CAM systems, casting machines, and dental lasers, including Nd and carbon di

Spinal Implants Market Projected to Reach USD 14.3 Billion by 2028

The report Spinal Implants Market by Product (Devices: Thoracic, Cervical, Interbody Fusion, Spinal Non-Fusion; Biologics, Stimulators), Application (VCF, Spinal Decompression, Fusion, Non-Fusion), Surgery (Open, MIS), Region & Customer Unmet Need Forecast to 2028 projects the market to reach USD 14.3 billion by 2028, up from USD 11.2 billion in 2023, with a CAGR of 5.0% during the forecast period. Market growth is driven by increasing demand for minimally invasive surgical procedures, rising prevalence of spinal disorders, an aging population, increased public-private investments in clinical research, and the presence of key market players in developing regions. Download PDF Brochure: https://www.marketsandmarkets.com/pdfdownloadNew.asp?id=712 Non-Fusion Devices Segment The non-fusion devices segment is expected to register significant growth from 2022 to 2028. The spinal implants market is segmented by product into thoracic fusion and lumbar fusion devices, cervica

Cancer Biomarkers Market to Grow at 11.3% CAGR, Reaching $42.0 billion by 2029

The global cancer biomarkers market is experiencing significant growth and is projected to reach USD 42.0 billion by 2029, up from USD 24.5 billion in 2024, with a compound annual growth rate (CAGR) of 11.3%. This surge in growth can be attributed to several key factors, including the rising prevalence of cancer worldwide, increasing use of cancer biomarkers in drug discovery and development, and ongoing research and development efforts in the field of cancer biomarkers. Emerging markets such as India and Japan also offer lucrative opportunities for market players operating in this space. Download PDF Brochure: https://www.marketsandmarkets.com/pdfdownloadNew.asp?id=202 Market Segmentation and Trends Biomarker Type The cancer biomarkers market is divided into three main segments based on biomarker type: protein, genetic, and other cancer biomarkers. In 2020, the protein biomarkers segment accounted for the largest market share, primarily due to ongoing technological advance

Interventional Cardiology Devices Market Set to Reach $25.5 Billion

The global interventional cardiology devices market is experiencing a robust growth trajectory, fueled by the escalating prevalence of cardiovascular diseases and the increasing adoption of minimally invasive procedures. According to MarketsandMarkets, the market is poised to soar to $25.5 billion by 2027, with a noteworthy compound annual growth rate (CAGR) of 7.7% from 2022. Download PDF Brochure: https://www.marketsandmarkets.com/pdfdownloadNew.asp?id=548 Driving Factors A pivotal factor propelling the market's expansion is the rapidly aging population worldwide, contributing to a heightened burden of coronary artery disease. Interventional cardiology harnesses specialized catheter-based devices to diagnose and treat structural heart conditions through minimally invasive approaches, leading to faster patient recovery, reduced hospital stays, and diminished risk of infection compared to traditional open-heart surgery. Key Devices and Technologies Among the most wid

Biopsy Devices Market: Projected Growth and Key Insights

The global biopsy devices market , valued at $6.6 billion in 2023, is expected to reach $12.6 billion by 2028, growing at a CAGR of 14.0% from 2023 to 2028. Download PDF Brochure: https://www.marketsandmarkets.com/pdfdownloadNew.asp?id=132886515 Technological Advancements Driving Market Growth Technological advancements play a pivotal role in propelling the biopsy devices market forward. Continuous progress in medical technology has made biopsy instruments increasingly accurate and less invasive. This not only reduces patient discomfort but also shortens recovery times, thereby enhancing overall patient care. Segment Analysis The market is segmented into various categories, with Needle-Based Biopsy Instruments emerging as a frontrunner. This segment is anticipated to witness substantial growth over the forecast period. Additionally, the breast biopsy segment is poised for significant expansion, highlighting the critical importance of early detection and diagnosis in breast

Tangential Flow Filtration Market Insights: Key Players and Strategic Developments

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  The global tangential flow filtration market is undergoing a rapid transformation, driven by a convergence of factors that are reshaping this vital industry. Projections suggest that this market will burgeon to a substantial USD 3.6 billion by 2028, up from USD 1.9 billion in 2023, exhibiting an impressive compound annual growth rate (CAGR) of 13.5%. In this article, we delve into the dynamics of the TFF market, emphasizing technological advancements, the pivotal role of the pharmaceutical and biotechnology sectors, and the challenges that lie ahead. Download PDF Brochure:  https://www.marketsandmarkets.com/pdfdownloadNew.asp?id=72081607 Factors Fueling Market Growth Technological Advancements: One of the primary catalysts propelling the TFF market forward is the continuous evolution of TFF technology . This method has distinct advantages over conventional flow filtration, making it increasingly attractive to various industries. Its ability to separate, concentrate, and

Optical Imaging Market to Reach USD 2.9 Billion by 2027: In-Depth Analysis by Segment

According to research report the optical imaging market size by Product (Cameras, Lenses), Technique (OCT, HIS, NIR, PAT), Therapeutic Area (Ophthalmology, Dermatology, Oncology), Application (Pathological, Intraoperative), End User (Hospital, Research Labs) - Global Forecast to 2027" projects that the optical imaging market will reach USD 2.9 billion by 2027, up from USD 1.5 billion in 2022, at a CAGR of 13.5%. Key factors driving this growth include an aging population, increased R&D in life sciences, and growing patient expectations for quick and accurate diagnosis and treatment. Download PDF Brochure: https://www.marketsandmarkets.com/pdfdownloadNew.asp?id=894 Growth Drivers in the Optical Imaging Market Several factors are fueling the expansion of the optical imaging market: Aging Population : As the global population ages, there is a higher incidence of conditions that require advanced imaging for diagnosis and treatment. R&D Investments : Increased invest

ECG Market Size and Share Analysis: Insights into 2028 Forecast

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The global ECG market is projected to grow from USD 8.1 billion in 2023 to USD 11.3 billion by 2028, at a compound annual growth rate (CAGR) of 6.9%. This robust growth is driven by the increasing incidence of cardiovascular and lifestyle diseases, a growing demand for early and continuous diagnosis, an aging population with heart conditions, and technological advancements in wearable ECG devices. Download PDF Brochure: https://www.marketsandmarkets.com/pdfdownloadNew.asp?id=173 Key Market Segments and Insights Product Segmentation: Dominance of Diagnostic ECG Devices The diagnostic ECG market is segmented by product into devices and software and services. In 2022, the devices segment held the largest market share. This dominance is attributed to the widespread use of diagnostic ECG devices in managing cardiovascular diseases and the availability of a wide range of cost-effective ECG devices. Lead Type: The Prevalence of 12-Lead ECG The market is also segmented by lead ty

Preclinical Imaging Market Insights: Trends, Dynamics & Top Players

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  The preclinical imaging market is poised for significant growth in the coming years. According to the report " Preclinical Imaging Market size by Product Type (Optical Imaging, PET, SPECT, Optical Imaging Reagents, Contrast Agents, Nuclear Imaging Reagents), Application (Oncology, Neurology), End User (Pharmaceutical, Imaging Centers) - Global Forecast to 2029 ," the market is expected to reach USD 1,259 million by 2029 from USD 946 million in 2024, at a CAGR of 5.9%. Download PDF Brochure: https://www.marketsandmarkets.com/pdfdownloadNew.asp?id=841 Market Dynamics and Growth Drivers The preclinical imaging market is driven by several factors. Increasing funding for preclinical research is a primary catalyst, alongside the development of cost-effective imaging systems. The rising demand for new drug development and noninvasive small-animal imaging techniques also significantly boosts the market. These factors collectively drive advancements and the adoption of pr