Press Releases from MarketsandMarkets™. (77 total)
Bone Growth Stimulator Market worth $1.8 billion by 2027 - Leading Key Players a …
- Bone Growth Stimulator Market is projected to grow from USD 1.4 billion in 2022 to USD 1.8 billion by 2027, at a CAGR of 5.9% from 2022 to 2027, according to a new report by MarketsandMarkets™. The growth of the global bone growth stimulators market can be attributed to factors such as increasing research activities for the development of novel bone growth stimulators devices, growing demand for bone growth…
Protein Expression Market worth $5.4 billion by 2027 - Exclusive Report by Marke …
Protein Expression Market is projected to grow from USD 2.9 billion in 2022 to USD 5.4 billion by 2027, at a CAGR of 13.3% from 2022 to 2027, according to a study published by MarketsandMarkets™. The Factors such as the increasing incidence of chronic diseases, increasing research activities on recombinant-based protein expression, growth in the life sciences and biopharmaceutical industries, as well as the availability of funding for protein-based research.…
OTC Braces & Supports Market worth $1,286 million by 2027 - Exclusive Report by …
The OTC Braces and Supports Market is valued at an estimated USD 942 million in 2022 and is projected to reach USD 1,286 million by 2027, at a CAGR of 6.4%, according to a new report by MarketsandMarkets™. Market growth is driven by the rising technological advancements in OTC braces and supports, increasing orthopedic disorders and the growing awareness of preventive diagnosis in developing countries. Emerging economies such as China,…
Artificial Intelligence (AI) in Medical Diagnostics Market worth $5.5 billion by …
Artificial Intelligence (AI) in Medical Diagnostics Market is projected to grow from USD 1.0 billion in 2022 to USD 5.5 billion by 2027, at a CAGR of 39.9% from 2022 to 2027, according to a new report by MarketsandMarkets™. The application of AI in medical diagnostics is growing at a fast pace owing to factors such as growing government initiatives to drive the adoption of AI-based technologies, rise in adoption…
Leukapheresis Market is projected to reach $98 million by 2027 Globally, at a CA …
Leukapheresis Market is projected to grow from USD 65 million in 2022 to USD 98 million by 2027, at a CAGR of 8.5% from 2022 to 2027, according to a new report by MarketsandMarkets™. While the high cost of therapeutic leukapheresis and leukopaks is expected to restrain the global Leukapheresis market during the forecast period, the increasing incidence and prevalence of leukemia, and the high demand for leukopaks in clinical…
Single-Use Assemblies Market worth $6.5 billion by 2027 - Exclusive Report by Ma …
Single-Use Assemblies Market is projected to grow from USD 2.7 billion in 2022 to USD 6.5 billion by 2027, at a CAGR of 18.8% from 2022 to 2027 according to a new report by MarketsandMarkets™. The growth of the market is largely driven by the increased pharmaceutical research & development and rising adoption of single use assemblies over traditional methods. Furthermore, single-use assemblies has been prominently adopted biologics manufacturing industry…
Track and Trace Solutions Market worth $8.6 billion by 2027 - Exclusive Report b …
Track and Trace Solutions Market is projected to grow from USD 4.8 billion in 2022 to USD 8.6 billion by 2027, at a CAGR of 11.6% from 2022 to 2027, according to a new report by MarketsandMarkets™. The global market is segmented based on product, technology, application, end user, and region. The stringent regulations and standards for the implementation of serialization and the increasing focus of manufacturers on brand protection…
Medical Aesthetics Market worth $23.4 billion by 2027 - Leading Key Players are …
Medical Aesthetics Market is projected to grow from USD 13.9 billion in 2022 to USD 23.4 billion by 2027, at a CAGR of 11.0% from 2022 to 2027, according to a new report by MarketsandMarkets™. The Rapid growth in medical tourism, the growing adult (aged 20 and above) population, increasing disposable incomes, growing awareness about aesthetic specialties, government subsidies and expenses or tax relaxations in these countries can also help…
Pulse Oximeter Market worth $4.3 billion by 2027 - Leading Key Players are Medtr …
Pulse Oximeter Market is projected to grow from USD 2.8 billion in 2022 to USD 4.3 billion by 2027, at a CAGR of 8.8% from 2022 to 2027, according to a new report by MarketsandMarkets™. The growth is majorly driven by the increasing number of surgical procedures and hospitalizations worldwide, the outbreak of infectious respiratory diseases, rising prevalence of respiratory diseases are some of the key factors driving the market…
Diagnostic Imaging Services Market worth $702.6 billion by 2027 - Leading Key Pl …
Diagnostic Imaging Services Market is projected to grow from USD 549.0 billion in 2022 to USD 702.6 billion by 2027, at a CAGR of 5.1% from 2022 to 2027 according to a new report by MarketsandMarkets™. The Factors such as rising cases of cancer, cardiovascular diseases, and other chronic diseases couples with ring geriatric patient population are fuleing the demand for early diagnosis of the diseases. Rapid technological advancements in…
Dental Consumables Market worth $55.7 billion by 2027 - Leading Key Players are …
Dental Consumables Market is projected to grow from USD 35.3 billion in 2022 to USD 55.7 billion by 2027, at a CAGR of 9.5% from 2022 to 2027, according to a new report by MarketsandMarkets™. Growing tooth repair procedures, rising demand for improved aesthetic dental procedures, expanding dental tourism in emerging markets, and the development of innovative solutions are all factors boosting the global market for dental consumables. However, issues…
Patient Monitoring Devices Market worth $65.4 billion - Leading Key Players are …
Patient Monitoring Devices Market is projected to grow from USD 42.3 billion in 2022 to USD 65.4 billion by 2027, at a CAGR of 9.1% from 2022 to 2027, according to a new report by MarketsandMarkets™. The evolution of the market is primarily driven by the rising number of hospitals across major markets, growing cognizance about vital parameter monitoring for treatment and analysis of chronic diseases coupled with the growing…
Healthcare Education Market by 2025 - Global Trends, Share Analysis, Leading Pla …
The global healthcare education market is projected to reach USD 125.2 billion by 2025 from USD 83.6 billion in 2020, at a CAGR of 8.4% during the forecast period.
Increasing adoption of digital learning;
Over the years, educational solutions have gained wider acceptance. Technical innovations in the field have helped redefine the learning process. The main objective of online education solutions is to manage the learning process and create an engaging learning…
Stem Cell Manufacturing Market by 2026 - Global Trends, Share Analysis, Leading …
The stem cell manufacturing market is projected to reach USD 18.0 billion by 2026 from USD 11.5 billion in 2021, at a CAGR of 9.4% during the forecast period.
Growing venture capital investments in stem cell research;
Stem cells play an important role in effective disease management as well as specialized research initiatives, such as personalized medicine and genomic testing. Owing to the growing awareness about the therapeutic potency of stem cells…
Biosimilars Market by 2026 - Global Trends, Share Analysis, Leading Players, Bus …
The global biosimilars market is projected to reach USD 44.7 billion by 2026 from USD 15.6 billion in 2021, at a CAGR of 23.5% during the forecast period of 2021 to 2026.
Patent expiry of blockbuster biologics and research on new indications;
Most early biologic drugs lost their patent protection in the first half of the 20th century, while many of the current best-selling drugs are set to lose their patent protection…
Sterilization Equipment Market by 2026 - Global Trends, Share Analysis, Leading …
The sterilization equipment market is projected to reach USD 20.0 billion by 2026 from USD 13.8 billion in 2021, at a CAGR of 7.7%.
Rising incidence of hospital-acquired infections;
Hospital-acquired infections (HAIs) are a major cause of morbidity and mortality worldwide. These include central line-associated bloodstream infections, catheter-associated urinary tract infections, and ventilator-associated pneumonia. The most common bacteria associated with HAIs include C. difficile, methicillin-resistant Staphylococcus aureus (MRSA), Klebsiella, E. coli, Enterococcus,…
Sterilization Services Market by 2026 - Global Trends, Share Analysis, Leading P …
The global sterilization services market is projected to reach USD 5.5 billion by 2026, growing at a CAGR of 6.0% during the forecast period.
Growing prevalence of hospital-acquired infections (HAIs);
Hospital-acquired infections (HAIs) are nosocomial infections that occur during a patient's stay at hospitals and related facilities and are not observed at the time of admission. Over the years, they have become a major cause of morbidity and mortality worldwide. The most…
Healthcare Analytics Market by 2026 - Global Trends, Share Analysis, Leading Pla …
The healthcare analytics market is projected to reach USD 75.1 billion by 2026, at a CAGR of 28.9% during the forecasted period.
Increasing adoption of EHRin developing and developed countries;
In the US, various federal mandates, such as the American Recovery and Reinvestment Act of 2009 (ARRA) and the implementation of ICD-10 code sets are encouraging healthcare organizations to adopt EHRs, focus on the quality of care to comply with pay-for-performance initiatives,…
Population Health Management Market by 2026 - Global Trends, Share Analysis, Lea …
The population health management market is projected to reach USD 46.7 billion by 2026, growing at a CAGR of 13.4% during the forecast period.
Need to curtail escalating healthcare costs;
The overall cost of healthcare delivery has grown significantly over the past few decades. Factors such as increasing health insurance premiums, the growing demand for quality healthcare services, the rising number of elderly people, and the growing incidence of chronic disorders drive…
Clinical Trial Imaging Market by 2026 - Global Trends, Share Analysis, Leading P …
The global clinical trial imaging market is projected to reach USD 1.4 billion by 2026 from USD 1.0 billion in 2021, at a CAGR of 7.6%.
Increase in R&D spending;
Pharmaceutical and biotechnology companies invest heavily in research to develop breakthrough molecules. Growth in the R&D expenditure by pharmaceutical & biotechnology companies and governments, coupled with the increasing focus on life science projects to develop new therapeutic & diagnostic products, is expected…
Near Infrared Imaging Market by 2026 - Global Trends, Share Analysis, Leading Pl …
The near-infrared imaging market size is expected to grow from an estimated USD 0.8 billion in 2021 to USD 1.6 billion by 2026, at a CAGR of 14.0%.
Growing number of surgical procedures globally;
Globally, the number of surgical procedures is on the rise owing to the rising prevalence and incidence of various diseases such as cancer, cardiovascular diseases, neurovascular diseases, and gastrointestinal diseases. Surgical cosmetic procedures and trauma cases are also…
Patient Engagement Technology Market worth $27.9 billion by 2027 - Exclusive Rep …
Patient Engagement Technology Market is projected to reach USD 27.9 billion by 2027 from USD 17.3 billion in 2022, at a CAGR of 10.0%, according to a new report by MarketsandMarkets™. The Patient Engagement Technology Market report examines and studies the patient engagement technology in terms of pricing, role of Mhealth, vendor replacement trends, and selection criteria of implementing patient engagement technology from providers' perspective.
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Rehabilitation Equipment Market by 2027 - Global Trends, Share Analysis, Leading …
The global rehabilitation equipment market is projected to reach USD 19.8 billion by 2027 from USD 14.9 billion in 2022, at a CAGR of 5.9% during the forecast period.
Rising demand for home healthcare services;
Globally, an increasing number of government regulations are being implemented to reduce the duration and cost involved in healthcare treatments. The provision of services at a patient's home is typically more cost-effective than in institutions, particularly if…
Pen Needles Market by 2026 - Global Trends, Share Analysis, Leading Players, Bus …
The pen needles market is expected to reach USD 2.2 Billion by 2026 from an estimated USD 1.3 billion in 2021, at a CAGR of 11.2%.
Growing prevalence of chronic diseases;
The prevalence of chronic diseases has increased significantly in the last few years. Such diseases-including diabetes, osteoporosis, cardiovascular disease (CVD), and multiple sclerosis-require daily or weekly drug administration, typically using pen injectors.
In the rapidly growing market, pen injectors have…
Orthopedic Braces and Supports Market by 2027 - Global Trends, Share Analysis, L …
The global orthopedic braces and supports market is estimated to reach USD 4.6 billion by 2027 from USD 3.4 billion in 2022, at a CAGR of 5.8% during the forecast period (2022-2027).
Increased sales of off-the-shelf and online products coupled with expansion and promotion initiatives undertaken by major product manufacturers;
Specific orthopedic braces can only be used under the supervision of medical practitioners or orthopedic technicians as they require customization or product…
Particle Counters Market by 2027 - Global Trends, Share Analysis, Leading Player …
The global particle counters market is estimated to reach USD 825 million by 2027 from USD 511 million in 2022, at a CAGR of 10.0% from 2022 to 2027.
Growth opportunities in emerging countries;
Emerging markets such as Brazil, Russia, India, South Korea, and China are expected to present significant opportunities for the growth of the particle counters market.
- China: China, for example, accounts for about 20% of the global pharmaceutical R&D…
Endoscope Reprocessing Market by 2027 - Global Trends, Share Analysis, Leading P …
The endoscope reprocessing market is projected to reach USD 3.8 billion by 2027 from USD 2.4 billion in 2022, at a CAGR of 9.7% from 2022 to 2027.
Increasing requirement for endoscopy to diagnose and treat target diseases;
Endoscopy procedures are minimally invasive surgeries done through one or more small incisions, using small tubes, tiny cameras, and surgical instruments. Less pain, a shorter or no hospital stay, and less complications related to…
Cancer Diagnostics Market by 2026 - Global Trends, Share Analysis, Leading Playe …
The global cancer diagnostics market size was valued at USD 17.2 billion in 2021 and is expected to grow at a compound annual growth rate (CAGR) of 11.5% from 2021 to 2026.
Growth in the number of private diagnostic centers;
The number of private diagnostic centers is increasing across the globe as there is a rising demand for diagnostic imaging procedures and a growing burden on public hospitals due to the limited…
Bone Growth Stimulator Market by 2026 - Global Trends, Share Analysis, Leading P …
The global bone growth stimulator market size is projected to reach USD 1.5 billion by 2026 from USD 1.1 billion in 2021, at a CAGR of 5.8% during the forecast period.
Growing patient preference for non-invasive and minimally invasive surgical treatments;
The demand for minimally invasive procedures has witnessed a significant increase owing to the advantages offered by these procedures over traditional treatment procedures. The key advantages of minimally invasive procedures include…
Animal Genetics Market by 2026 - Global Trends, Share Analysis, Leading Players, …
The global animal genetics market is projected to reach USD 7.7 billion by 2026 from USD 5.5 billion in 2021, at a CAGR of 7.1% during the forecast period.
Increasing consumption of animal-derived protein and dairy products;
Livestock and poultry are major sources of protein and calcium for humans. Animal food products such as beef, veal, dairy products, and eggs are some of the most-consumed food products and are expected to see…
Allergy Diagnostics Market by 2026 - Global Trends, Share Analysis, Leading Play …
The allergy diagnostics market is projected to reach USD 8.2 billion by 2026 from USD 4.8 billion in 2021, at a CAGR of 11.1% from 2021 to 2026.
Rising environmental pollution levels:
Exposure to indoor and outdoor air pollutants, allergens, and occupational exposure are the major risk factors causing chronic respiratory diseases. The prevalence of allergic disorders among the urban population is higher than those living in rural areas due to the…
Stem Cell Therapy Market worth $558 million by 2027 - Leading Key Players are An …
Stem Cell Therapy Market is projected to reach USD 558 million by 2027 from USD 257 million in 2022, at a CAGR of 16.8% during the forecast period, according to a new report by MarketsandMarkets™. Key drivers of the stem cell therapy market include increase in stem cell research funding, expanding number of clinical trials related to stem cell therapies, and growing number of GMP-certified cell therapy production facilities. However,…
Fill Finish Manufacturing Market worth $15.2 billion by 2027 - Leading Key Playe …
Fill Finish Manufacturing Market is projected to reach USD 15.2 billion by 2027 from USD 9.2 billion in 2022, at a CAGR of 10.7% during the forecast period, according to a new report by MarketsandMarkets™. Factors such as advancements in technology in manufacturing processes of fill-finish market and increasing growth in biopharmaceutical industries are driving the market.
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Medical Ceramics Market worth $3.6 billion by 2027 - Exclusive Report by Markets …
Medical Ceramics Market is projected to grow from USD 2.6 billion in 2022 to USD 3.6 billion by 2027, at a CAGR of 6.6% from 2022 to 2027, according to a new report by MarketsandMarkets™. The growth of the global market can be attributed to factors such as increasing research activities for the development of novel medical ceramics, growing demand for medical ceramics in plastic surgeries & wound healing applications;…
Flow Cytometry Market worth $6.9 billion by 2027 - Exclusive Report by Marketsan …
Flow Cytometry Market is projected to grow from USD 4.7 billion in 2022 to USD 6.9 billion by 2027, at a CAGR of 8.1% from 2022 to 2027 according to a new report by MarketsandMarkets™. The growth of the Flow Cytometry Market is largely driven by the rising prevalence of HIV/AIDS and cancer, growing adoption of flow cytometry techniques in research activities, increasing public-private initiatives in immunology and immuno-oncology research,…
Anastomosis Device Market worth $4.4 billion by 2027 - Exclusive Report by Marke …
Anastomosis Device Market is projected to grow from USD 3.0 billion in 2022 to USD 4.4 billion by 2027, at a CAGR of 8.3% from 2022 to 2027 according to a new report by MarketsandMarkets™. The increasing incidence of target diseases and the subsequent growth in the number of surgical procedures, the growing demand for minimally invasive surgeries, and technological advancements are the major factors driving the market's growth. Emerging…
Business Email Compromise Market Predicted To Gain USD 2.8 billion by 2027
The global Business Email Compromise (BEC) Market size is expected to grow from an estimated value of USD 1.1 billion in 2022 to USD 2.8 billion by 2027, at a Compound Annual Growth Rate (CAGR) of 19.4% from 2022 to 2027.
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Growing incidents of business email compromise and spear-phishing attacks, huge financial losses due to BEC crimes, and stringent regulatory standards and data privacy compliances are…
Sinus Dilation Devices Market worth $3.8 billion by 2027 - Leading Key Players a …
Sinus Dilation Devices Market is projected to grow from USD 2.8 billion in 2022 to USD 3.8 billion by 2027, at a CAGR of 6.6% from 2022 to 2027, according to a new report by MarketsandMarkets™. The growth of this market is majorly driven by Increasing availability of reimbursements, Increasing cases of chronic sinusitis. However, Availability of non-surgical treatments for chronic sinusitis and lack of skilled ENT surgeons are some…
Point of Care Diagnostics Market by 2027 - Global Trends, Share Analysis, Leadin …
The global point of care diagnostics market is expected to reach USD 72.0 billion by 2027 from an estimated USD 43.2 billion in 2022, at a CAGR of 10.8% from 2022 to 2027.
High prevalence of infectious diseases;
POC tests can greatly improve the management of infectious diseases, especially in developing countries where access to timely medical care is a challenge and the healthcare infrastructure is antiquated and sparse. According to UNAIDS,…
Wound Care Market by 2027 - Global Trends, Share Analysis, Leading Players, Busi …
The global wound care market is projected to reach USD 27.2 billion by 2027 from USD 20.8 billion in 2022, at a CAGR of 5.4%.
How growing prevalence of diseases & health conditions affects the market growth?
Many health conditions affects negatively on wound healing namely. Over decades the cases of acute and chronic wounds have increased significantly maily due to reasons such as increase in number of surgical procedures carried out,…
Cell Culture Media Market by 2026 - Global Trends, Share Analysis, Leading Playe …
The global cell culture media market is projected to USD 10.3 billion by 2026 from USD 4.9 billion in 2021, at a CAGR of 16.0 % between 2021 and 2026.
The Emerging cell culture technologies for cell-based vaccines;
In the pharmaceutical industry, cell culture has become a prominent part of vaccine production. The cell culture technology has been used to produce vaccines for rotavirus, polio, smallpox, hepatitis, rubella, and chickenpox. Cell-based…
Medical Exoskeleton Market by 2026 - Global Trends, Share Analysis, Leading Play …
The medical exoskeleton market size is projected to reach USD 1.0 billion by 2026, from USD 0.2 billion in 2021, at a CAGR of 45.0%.
Increasing number of people with physical disabilities and subsequent growth in the demand for effective rehabilitation approaches.
Globally, the number of people with physical disabilities is increasing majorly due to the rising geriatric population, increasing number of road accidents and severe trauma injuries, and increasing prevalence of…
Virology Specimen Collection Market by 2026 - Global Trends, Share Analysis, Lea …
The global virology specimen collection market is projected to reach USD 5.4 billion by 2026 from USD 5.6 billion in 2021, at a CAGR of -0.6% during the forecast period.
Rising prevalence of viral diseases and emergence of newer pathogens;
The Zika virus and Babesia outbreaks, alongside announcements for their inclusion in virology specimen collection tests, indicate the need for innovation in virology specimen collection technologies, consumables, and instruments. Other countries have…
Patient Access Solutions Market worth $2.9 billion by 2027 - Leading Key Players …
Patient Access Solutions Market is projected to grow from USD 1.9 billion in 2022 to USD 2.9 billion by 2027, at a CAGR of 8.9% from 2022 to 2027, according to a new report by MarketsandMarkets™. The Growth in this market is driven by the increasing patient volume and subsequent growth in the demand for health insurance, declining reimbursement rate, and rising need to curtail healthcare costs. However, increasing data…
Legionella Testing Market worth $439 million by 2027 - Leading Key Players are T …
Legionella Testing Market is projected to grow from USD 296 million in 2022 to USD 439 million by 2027, at a CAGR of 8.2% from 2022 to 2027, according to a new report by MarketsandMarkets™. The increasing need for rapid diagnostics, increasing incidence of disease, growing advancements in bacterial testing, and water testing regulations. However, a lack of reimbursement and difficulties in detection may affect market growth.
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Radiotherapy Market worth $8.1 billion by 2027 - Leading Key Players are Siemens …
Radiotherapy Market is projected to grow from USD 6.3 billion in 2022 to USD 8.1 billion by 2027, at a CAGR of 5.1% from 2022 to 2027, according to a new report by MarketsandMarkets™. Technological advancements in radiotherapy and the rising incidence of cancer are the major factors driving the growth of this market. Additionally, awareness initiatives on the benefits of radiotherapy and the increasing use of particle therapy for…
Gene Therapy Market worth $17.2 billion by 2027 - Leading Key Players are Biogen …
Gene Therapy Market is projected to grow from USD 7.3 billion in 2022 to USD 17.2 billion by 2027, at a CAGR of 18.6% from 2022 to 2027, according to a new report by MarketsandMarkets™. Factors such as growing cases of cancer and neurological diseases, rising gene therapy product approvals, and increasing investment in research and development of gene therapies will drive the market growth. However, factors such as high…
Medical Supplies Market worth $163.5 billion by 2027 - Leading Key Players are M …
Medical Supplies Market is projected to grow from USD 138.4 billion in 2022 to USD 163.5 billion by 2027, at a CAGR of 3.4% from 2022 to 2027 according to a new report by MarketsandMarkets™. The Growth in this market can be attributed to the expanding geriatric population, increasing research investments, high volume of surgical procedures, and the high prevalence of chronic diseases.
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Medical Terminology Software Market worth $2.5 billion by 2027 - Leading Key Pla …
Medical Terminology Software Market is projected to reach USD 2.5 billion by 2027 from an estimated USD 1.0 billion in 2022, at a CAGR of 19.3% during the forecast period, according to a new report by MarketsandMarkets™. The Growth in this market is driven by the using consistent, standardized clinical terminology to help medical practitioners access and understand clinical data found in healthcare applications, government initiatives to adopt HCIT solutions,…
Efficacy Testing Market worth $423 million by 2027 - Leading Key Players are Cha …
Efficacy Testing Market is projected to reach USD 423 million by 2027 from USD 315 million in 2022, at a CAGR of 6.1% during the forecast period according to a new report by MarketsandMarkets™. The growth of this market is driven by the regulations for the safety and efficacy of pharmaceutical products. Increasing support from governments across the world for pharmaceutical and biotechnology industries, coupled with increasing investments for research…
