The global healthcare market is projected to experience rapid growth over the forecast period (2017 to 2025), driven primarily by surge in global population and high prevalence of chronic diseases such as diabetes and cancer. Increased spending on healthcare, fueled by rising consumer disposable income levels especially in developing regions such as Asia Pacific, is also projected to boost the market in the coming years. In addition, emerging healthcare technologies and large investments by major companies are expected to drive the market.
The U.S. wound dressing market size was valued at USD 3.18 billion in 2017. Increasing prevalence of diabetes is expected to provide growth opportunity for the market. According to the Centers for Disease Control and Prevention (CDC), about 9.2% of the U.S. population have diabetes and around 84.1 million population has prediabetes. Chronic wounds are silent epidemic, affecting 6.5 million individuals in U.S. This number is expected to increase in near future according to the U.S. National Institute of Health (NIH). If not taken care, it may lead to loss of limbs or, in certain cases, death.
The U.S. influenza diagnostics market size was valued at USD 546.2 million in 2016. Growing prevalence of influenza and demand for faster disease diagnosis are expected to foster market growth over the forecast period. In addition, new product developments and technological advancements in healthcare sector are expected to fuel the growth over the projected period.
The global probiotics market size was valued at USD 38.32 billion in 2016. Increasing prevalence of Irritable Bowel Syndrome (IBS), inflammatory bowel disease, digestive disorders, and dermatitis is expected to drive product consumption. Probiotics are also used for treating diarrhea, Urinary Tract Infections (UTI), and intestinal infections. Over the forecast period, probiotic usage for the treatment of mental illnesses, heart disorders, and allergies is expected to increase.
U.S. medical gases market size was valued at USD 2,756.8 million in 2016. Increasing use of these gases for the treatment of Cardiovascular Diseases (CVDs) and respiratory illnesses is expected to drive the market over the forecast period. Medical gases and equipment have broad range of application in various industries including pharmaceutical, and biotechnology.
The global stable Isotope Ratio Mass Spectrometry (IRMS) market size was valued at USD 182.90 million in 2016 and is expected to grow further over the forecast period. IRMS helps understand the ratios of isotopes present in a particular sample, as it allows precise measurement of mixture of natural isotopes. Archeological and environmental research are the major application areas of IRMS. IRMS analysis is divided into two types namely, continuous flow and dual inlet.
The China scar treatment market size was valued at USD 949.2 million in 2016 and is expected to grow further over the forecast period. The market is driven by the rising focus on improving aesthetic appeal and increasing demand for complete skin rejuvenation. Furthermore, increasing instances of burn injuries and road accidents have resulted in an increased demand for cosmetic surgeries, thereby propelling the market growth.
The Germany remote patient monitoring device market size was valued at USD 42.9 million in 2017 and is projected to expand at a subsequent CAGR over the forecast period. Factors such as increasing geriatric population coupled with rising prevalence of chronic conditions is driving the market. Rising demand for the wireless and portable systems and quality care along with increasing need for cost-effective treatment are other factors promoting the industry development.
Research and development in the field of Optical Coherence Tomography has revealed its current usage in various applications and shows foreseeable usage in the near future.
Sterilization makes sure harmless products for human consumption and commercial processes. Recent regional market development has created the need for effective, swift and cost-effective technologies that ensure safety all through the production process. This report analyzes the key processes of filter, chemical, heat and radiation sterilization.
The medical tourism market is defined by patients travelling abroad to seek surgical or medical assistance for quality treatment available overseas. The market is at a growth stage and is expected to grow further over the forecast period buoyed by factors such as quality of healthcare offered at optimal cost, expert healthcare practitioners, and customized approach
The global microRNA market size is expected to expand at a steady CAGR over the forecast period. MicroRNA is a small non-coding RNA that plays a significant role in plants and animals by targeting specific mRNAs for degradation or translation repression. Growing number of biotech and pharmaceutical companies involved in research and development (R&D) activities such as molecular diagnostics and therapeutics is expected to drive market growth.
The U.S. medical cannabis market size was valued at USD 5.44 billion in 2016. The medical marijuana market is at the nascent stage of development and is expected to grow significantly during the forecast period owing to rising consumer demand.
The global teeth whitening products market was valued at USD 5.56 billion in 2016. The rising demand for over-the-counter bleaching products coupled with increasing focus on appearance and role of white teeth in personality building are some of the factors that are expected to upsurge the growth during the forecast period.
The global biosimilars market size was valued at 3.39 billion in 2016 and is expected to grow on account of increasing prevalence of chronic diseases such as cancer and autoimmune disorders.
The global ultracentrifuges market size was estimated to be worth USD 27.8 million in 2016. An increasing number of diseases such as cardiovascular disease, diabetes, oncology has resulted in an increased utilization of ultracentrifuge for the development of vaccines.
The global antibiotics market is expected to foresee significant growth over the forecast period. An antibiotic is a type of antimicrobial used to treat a number of bacterial infections and to slow down the growth of such infections in the body. The global market for antibiotics is witnessing immense growth due to rising investments in research and development activities along with continuous product innovations by major companies.
The global kidney cancer drugs market is expected to grow at a healthy rate during the forecast period. Renal Cell Carcinoma (RCC) is one of the most common types of urologic tumors in adults. It accounts for around 2% of all new cases of tumor in humans. However, clinical removal of the cancerous cells is vital for a total cure from the disease.
The global digital pathology market is expected to experience brisk growth over the forecast period owing to a rapid increase in cancer cases. Benefits such as easy consultation and accurate results are estimated to support the growth of the market. Digital pathology is an image-based data system linked with computer technology, which manages information produced from a digital slide.
Global glioblastoma multiforme (GBM) market was estimated to be USD 464.8 million in 2016 and is expected to grow significantly over the forecast period primarily due to the rising ageing population
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A lift chair is anadjustable seat that is machine powered. One can switch from the sitting to rest position (or other positions) with a remote control. It also has an up position where the chair supports up and forward to push the sitter into the standing position.
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The global tissue engineering market was valued to be around USD 23.2 billion in 2015 and further expected to exceed USD 94.7 billion at a growing of CAGR 23% over the foreseeable period
Rising incidences of accidents which may affect orthopedic, cardiovascular or brain are likely to trigger the market growth for portable X-ray and CT scan devices. Advancement in technology coupled with huge investment in healthcare sector is resulting in discovery and development of portable medical devices. The radiation produced by X-ray devices are generally used for diagnosis and interventional process.
products and use disposable procedure to avoid authorization diversion. Pharmaceuticals and foods are protected in such manner that the product package can only be used after defacing or damaging the package. Rising awareness of consumer about counterfeiting and increasing availability counterfeited products in local market are the prime drivers of the global pharmaceutical and food anti-counterfeiting technology market.
Projected to grow at a CAGR of around 12%, eClinical solutions market is expected to witness significant growth over the forecast period owing to the increasing demand for software solutions for clinical trials by the pharma and biopharma companies
Parkinson’s disease is a progressive movement disorder caused when dopamine producing nerve cells function irregularly. Dopamine regulates movement by sending signals to the brain and facilitates the smooth functioning of muscles. Some of the major symptoms of Parkinson’s disease include hand, arms or leg tremors, slow movement, problems associated with balancing and walking and stiff muscles.
Growing geriatric population base and rising incidences of target diseases such as Alzheimer’s and Parkinson’s are the major drivers for this market. As per an estimate by the Alzheimer Disease International 36 million people globally had Alzheimer’s or a related dementia. Limited treatment options for diseases such as migraine and epilepsy has led to high unmet medical needs of patients in this segment, and thus is a high impact rendering driver for the neurostimulation devices market. Spurred use of neuromodulation devices as an add-on therapy, growing demand for minimally invasive surgery and the technological advancements such as Neurowave Medical Technologies transdermal neuromodulation technology and MRI safety enabled neurostimulator by Medtronic, are expected to further augment the growth of the neurostimulation devices. Untapped, rapidly growing markets of Asia and Latin America have presences of abundant unmet needs and thus offer future growth opportunities to the neurostimulation devices market.
Mobile health or mHealth makes use of mobile and wireless devices to enhance healthcare services. The availability and affordability of healthcare services continues to pose a challenge in spite of developments in the field over the past few years. On the other hand, smartphone penetration with 3G and 4G networks has multiplied owing to growing urbanization and purchasing power, which is expected to drive mHealth market growth.