Next-generation biomanufacturing market is anticipated to grow at a CAGR of 10.4% during the forecast period (2024-2031). Next-generation biomanufacturing involves an advanced approach to producing biological products, including pharmaceuticals, biofuels, and other biotechnological products, leveraging cutting-edge technologies and innovation. Further, the market is expected to experience significant growth in the future attributed to the growing demand for biopharmaceuticals, a supportive regulatory environment for industry development, and the growing integration of AI (Artificial Intelligence), ML (Machine Learning), and digital technologies.
Pediatric telehealth market is anticipated to grow at a CAGR of 26.6% during the forecast period (2024-2031). Pediatric telehealth leverages telecommunication and digital health technologies to deliver healthcare services tailored to children. It encompasses virtual consultations, remote monitoring, tele-diagnosis, and specialized telehealth services. Ongoing technological advancements, regulatory support, and evolving consumer preferences for convenient, integrated, and equitable healthcare for their babies are major factors driving the global market growth.
Medical supply delivery service market is anticipated to grow at a CAGR of 9.4% during the forecast period (2024-2031). The medical supply delivery service market is influenced by various factors, including the growing geriatric population, technological advancements, and e-commerce growth. Technological advancements, such as real-time tracking and automated logistics systems, improve efficiency and have made a significant contribution to global market growth. Additionally, e-commerce and digital health platforms have revolutionized the delivery of medical supplies, with online pharmacies and telemedicine services driving the need for prompt delivery.
Digital stethoscope market is anticipated to grow at a CAGR of 5.7% during the forecast period (2024-2031). The growing prevalence of telemedicine, point-of-care diagnostics, the aging population, preventative healthcare, investments in healthcare infrastructure, advancing technology, and improvements in artificial intelligence and machine learning are all driving factors in the global market for digital stethoscopes. While telemedicine and AI-powered gadgets improve healthcare access and lower diagnostic errors, advanced digital stethoscopes improve sound quality, diagnostic capabilities, and recording.
Clinical trial management services market is anticipated to grow at a CAGR of 7.8% during the forecast period (2024-2031). The clinical trial management services (CTMS) market is fueled by the complexity of clinical trials, research growth, globalization, technological advancements, data quality, patient-centricity, and cost-effectiveness. Cloud-based solutions, artificial intelligence, machine learning, and mobile applications enhance efficiency, while cost-effective solutions focus on patient engagement and retention.
Cleanroom technology market is anticipated to grow at a CAGR of 9.4% during the forecast period (2024-2031). A major factor supporting the market growth is the increasing demand for contamination-free environments across various industries. Industries such as pharmaceuticals, biotechnology, and healthcare require controlled environments to prevent contamination during the production process. As technological advancements continue to drive innovation in these sectors, the need for cleanroom technology to maintain stringent cleanliness standards becomes imperative.
Equine healthcare market is anticipated to grow at a CAGR of 6.1% during the forecast period (2024-2031). The market growth is driven by the increasing animal health spending, accelerating prevalence of equine diseases, and increasing uptake of animal insurance. Additionally, the rise in demand for the use of horses for various purposes such as sports events, is also contributing significantly towards the market growth. The market will also grow owing to the rise in the equine population.
Animal artificial insemination market is anticipated to grow at a CAGR of 6.4% during the forecast period (2024-2031). Animal artificial insemination is a reproductive technique used in animal breeding to facilitate the process of fertilization without natural mating. It involves the collection of semen from a male animal, typically of superior genetics, and its deposition into the reproductive tract of a female animal using specialized instruments. AI is commonly employed in various livestock species such as cattle, sheep, goats, pigs, and horses. The market growth is driven by the growing animal and fishery industry and the increasing burden of sexually transmitted diseases, among the farm animals.
Revenue cycle management (RCM) market is anticipated to grow at a CAGR of 9.4% during the forecast period (2024-2031). RCM refers to the process of managing the financial aspects of a healthcare organization's interactions with patients, payers, and other entities to generate revenue and ensure timely payment for services rendered. It encompasses various stages, including patient registration, insurance verification, coding, charge capture, claims submission, payment posting, denial management, and revenue analysis. The industry's transition towards value-based care models, alongside regulatory changes and the imperative for cost containment, further propels investment in RCM solutions.
Healthcare creditor insurance market is anticipated to grow at a CAGR of 6.0% during the forecast period (2024-2031). Healthcare creditor insurance is a type of insurance coverage designed to protect healthcare providers such as hospitals, clinics, and medical practices, from financial losses resulting from unpaid patient debts. This insurance typically covers outstanding medical bills owed by patients unable or unwilling to pay due to financial hardship, bankruptcy, among other factors. Healthcare creditor insurance helps mitigate the risk of revenue loss for healthcare providers by reimbursing them for the unpaid balances owed by patients.
Digital health for cardiovascular market is anticipated to grow at a CAGR of 22.4% during the forecast period (2024-2031). Digital health for cardiovascular disorders is a field that uses technology to improve the prevention, diagnosis, and management of heart and blood vessel diseases. Tools and services include wearable devices, mobile health apps, telemedicine, and remote patient monitoring. Wearable devices monitor heart rate, blood pressure, and activity levels, while mobile health apps track symptoms, medications, and progress.
Hemoglobinopathies market is anticipated to grow at a CAGR of 7.9% during the forecast period (2024-2031). Hemoglobinopathies are caused by a mutation in the gene of DNA of hemoglobin molecule. Structural abnormalities in the hemoglobin molecule generate defective red blood cells, which is a root cause of sickle cell disease. Furthermore, the presence of hemoglobin-related diseases is higher in Asia and Africa region. According to the World Health Organization (WHO), 7.0% of the world’s population is affected by hemoglobinopathies. WHO also estimated that 30,000-40,000 newborn babies carry severe hemoglobinopathies from their parents as a genetic disorder.
Hypnotherapy market is anticipated to grow at a CAGR of 30.4% during the forecast period (2024-2031). Hypnotherapy uses hypnosis to bring about positive changes in a client's thoughts, behaviors, or emotions. Therapists use frameworks like the Direct Model, Ericksonian Hypnosis, and Parts Therapy to tailor sessions to clients' specific needs and goals.
Oxygen concentrators market is anticipated to grow at a considerable CAGR of 8.5% during the forecast period (2024-2031).The global oxygen concentrators market is expanding owing to factors such as, respiratory disorders, aging population, technological advancements, home healthcare, COVID-19, healthcare expenditure, government initiatives, and increased awareness about oxygen therapy. These devices extract oxygen from air for higher concentrations.
Brain mapping instruments Market is anticipated to grow at a considerable CAGR of 6.1% during the forecast period (2024-2031). The global brain mapping instruments market is fueled by advancements in neuroscience research, the increasing prevalence of neurological disorders, technological innovations, government, and private funding, clinical applications, increasing awareness and education, globalization, partnerships, and regulatory landscape.
Respiratory disease testing market is anticipated to grow at a considerable CAGR of 6.3% during the forecast period (2024-2031). The primary driver propelling the market's expansion is the progressively increasing prevalence of respiratory diseases caused by rising air pollution levels. The growth has been prompted by the increasing rate of air pollution and the release of dangerous chemicals leading to lung ailments, such as chronic obstructive pulmonary disease (COPD), and other respiratory diseases globally.
Dietary supplement contract manufacturing market is anticipated to grow at a significant CAGR of 12.4% during the forecast period (2024-2031). Dietary Supplement Contract Manufacturing (DSCM) is a business model in the dietary supplement industry, involving a partnership between a brand and a contract manufacturer. The brand develops, markets, and sells the supplement, while the contract manufacturer handles manufacturing, packaging, and labeling. The market growth is driven by convergence of technology, genomics, and nutrition enables a more personalized approach to dietary plans.
Arthroscopy devices market is anticipated to grow at a moderate CAGR of 4.9% during the forecast period (2024-2031). An arthroscope is a medical device used to visualize, examine, and execute therapeutic interventions inside the body joints, including the knee, hip, spine, shoulder, and elbow. Arthroscopy devices can examine bone joints for specific conditions, such as osteoarthritis, rheumatoid arthritis, tendinitis, and bone tumors. A major factor supporting the market growth is the increasing knee arthroscopy.
Smart healthcare market is anticipated to grow at a significant CAGR of 12.8% during the forecast period (2024-2031). Rising healthcare costs, aging populations, and chronic disease burdens influence the global smart healthcare market. Smart healthcare technologies like telemedicine, remote patient monitoring, and predictive analytics help optimize resource utilization and reduce healthcare expenditures. The aging population and chronic diseases also demand proactive disease management and personalized care delivery.
Oculoplastic surgery market is anticipated to grow at a considerable CAGR of 5.7% during the forecast period (2024-2031). An oculoplastic procedure is a type of surgery done around the eyes. This procedure is done to correct a medical problem or for cosmetic reasons. Oculoplastic procedures are usually done by eye doctors (ophthalmologists) who have special training in plastic or reconstructive surgery. In some cases, procedures are performed by doctors who specialize in head and neck surgery.
Kidney function tests market is anticipated to grow at a CAGR of 6.8% during the forecast period (2024-2031). Kidney function tests market is driven by the increasing prevalence of kidney diseases, such as chronic kidney disease, diabetic nephropathy, and glomerulonephritis, in addition to the diagnostic significance of these tests. Key players include diagnostic companies, laboratory equipment manufacturers, and healthcare institutions. Technological advancements, such as automation and molecular diagnostics, have improved the accuracy and accessibility of these tests.
Lung cancer screening software market is anticipated to grow at a significant CAGR of 19.5% during the forecast period (2024-2031). Lung cancer is a leading cause of cancer-related deaths globally, driving the demand for advanced screening tools. Advancements in imaging technology, such as CT scanners, enable more accurate visualization of lung anatomy. Early detection is crucial for better treatment outcomes and increased survival rates. AI integration in screening software enhances image analysis, pattern recognition, and risk prediction.
Digital health for obesity market is anticipated to grow at an exponential CAGR of 28.6% during the forecast period (2024-2031). The global obesity prevalence is driving the digital health market for obesity management. Advancements in digital technologies, such as mobile applications, wearable devices, and artificial intelligence, have transformed the landscape of obesity management. These technologies offer personalized interventions, remote monitoring, and real-time feedback, enhancing weight management efforts.
Thyroid function testing market is anticipated to grow at a considerable CAGR of 5.5% during the forecast period (2024-2031). The global thyroid function testing market is driven by the increasing prevalence of thyroid disorders, advancements in diagnostic technologies, growing awareness and screening programs, and the increasing incidence of autoimmune thyroid diseases. Lifestyle and environmental factors, such as diet, stress, and obesity, also influence thyroid function and contribute to thyroid disorders.
Digital dose inhaler market is anticipated to grow at a CAGR of 7.3% during the forecast period (2024-2031). Digital health technology has led to the development of digital dose inhalers, that offer features such as dose tracking and mobile app connectivity, improving medication adherence and patient outcomes. The increasing prevalence of respiratory diseases, patient-centric care, and government initiatives are driving investment in digital health technologies.
Health information exchange market is anticipated to grow at a significant CAGR of 15.8% during the forecast period (2024-2031). Government mandates and policies globally are driving the adoption of Health Information Exchange (HIE) solutions, contributing to market growth. Data-driven decision-making is growing the demand for HIE solutions, as healthcare organizations use data to improve patient care, and operational efficiency, and reduce costs.
Healthcare analytical testing services market is anticipated to grow at a considerable CAGR of 13.1% during the forecast period (2024-2031).The growth of the healthcare analytical testing services market is attributed to increasing demand for electronic health records (EHRs), personal health records (PHRs), electronic prescription services (E-prescribing), patient portals, master patient indexes (MPI), with digital data collection globally driving the growth of the market.
Medication management system market is anticipated to grow at a significant CAGR of 12.4% during the forecast period (2024-2031). The global medication management system market is driven by factors such as increasing medication errors, growing geriatric populations, and rising chronic disease burden. These factors drive the adoption of medication management systems to automate dispensing, administration, and monitoring processes, reduce adverse drug events, optimize treatment for elderly patients, and enhance patient outcomes.
Pregnancy tracking and postpartum care apps market is anticipated to grow at a considerable CAGR of 5.3% during the forecast period (2024-2031). The global pregnancy tracking and postpartum care app market is expanding owing to increased digital health awareness, convenience, and technological advancements. The COVID-19 pandemic has accelerated adoption, with smartphones and internet connectivity making these apps more accessible and personalized.
Trocars market is anticipated to grow at a CAGR of 5.5% during the forecast period (2024-2031). Trocars are surgical instruments with a sharp, pointed tip attached to a hollow tube, often with a handle for manipulation. To make entrance sites through the body wall that permit the insertion of additional surgical equipment and devices into bodily cavities or spaces, they are used in minimally invasive surgical procedures.
Esoteric testing market is anticipated to grow at a CAGR of 11.0% during the forecast period (2024-2031). Esoteric testing, which analyzes rare molecules or substances, can help diagnose conditions accurately, leading to early intervention, proper treatment, and improved patient outcomes. The esoteric testing market growth is driven by the increasing prevalence of cancer and infectious diseases along with the growing demand for diagnosis of rare diseases to identify complex medical conditions and guide personalized treatment.
Healthcare distribution market is anticipated to grow at a CAGR of 6.7% during the forecast period (2024-2031). Post the COVID-19 pandemic, globally was an increase in demand for effective public health distribution systems. This is primarily due to the supply chain disruption.
Healthcare Digital Signage market is anticipated to grow at a CAGR of 8.9% during the forecast period (2024-2031). Healthcare Digital Signage is a technology solution that uses digital displays to convey information, messages, and multimedia content within healthcare facilities and is also a versatile tool that can enhance communication, patient engagement, and overall efficiency in healthcare settings.
Menstrual health apps market is anticipated to grow at a CAGR of 18.8% during the forecast period (2024-2031). The market expansion is driven by rising health awareness among women, digital literacy, smartphone usage, higher disposable income, improved internet connectivity, and the emergence of new market players.
Healthcare quality management market is anticipated to grow at a CAGR of 14.8% during the forecast period (2024-2031). In healthcare, quality management refers to the administration of systems design, policies, and processes that minimize, if not eliminate, harm while optimizing patient care and outcomes.
Healthcare navigation platform market is anticipated to grow at a CAGR of 8.5% during the forecast period (2024-2031). The market growth is attributed to the rise in data-driven technologies, mergers and acquisitions, government initiatives promoting healthcare IT usage, and the adoption of AI platforms.
AI in patient engagement market is anticipated to grow at a CAGR of 21.0% during the forecast period (2024-2031). The market is driven by demand for personalized healthcare plans and AI for data analytics. The AI improves patient engagement and care management by predicting health outcomes, identifying high-risk patients, and enhancing interaction between providers and patients.
Rapid test market is anticipated to grow at a CAGR of 8.2% during the forecast period (2024-2031). The rising awareness regarding early and reliable diagnosis of disease, prevalence of infectious diseases, introduction of technologically advanced products and need for low cost as well as accurate diagnostic testing. Additionally, rapid tests provide accurate results in a short time and these benefits have led to a surge in adoption of rapid tests in point-of-care testing, wherein results are obtained on the same day which is boosting the market growth.
Prediabetes market is anticipated to grow at a CAGR of 7.2% during the forecast period (2024-2031). Prediabetes refers to an intermediate stage of glucose dysregulation situated between standard glucose tolerance and diagnosed diabetes. It is a condition characterized by elevated blood sugar levels that are not high enough to be classified as Type 2 diabetes.
Medical document management systems market is anticipated to grow at a CAGR of 11.9% during the forecast period (2024-2031). The market’s growth is attributed to the growing demand for use of medical document management systems to update obsolete processes and infrastructure, the healthcare sector occurs through a technological transition that can enhance patient outcomes.
Lab automation in genomics market is anticipated to grow at a significant CAGR of 11.5% during the forecast period (2024-2031). The increasing advancements in genomic research, increasing prevalence of chronic disorders, and growing demand for lab automation are major factors driving the global market.
Healthcare data integration market is anticipated to grow at a significant CAGR of 12.4% during the forecast period (2024-2031).The growing adoption of electronic health records and other healthcare IT solutions, favorable government policies, funding programs, and initiatives to deploy healthcare IT integration solutions are the key factors supporting the growth of the market globally.
Dental practice management software market is anticipated to grow at a CAGR of 10.60% during the forecast period (2024-2031). The market’s growth is attributed to the growing demand for effectiveness and automation across the globe. Software solutions that simplify administrative processes and improve overall efficiency have been adopted by dental clinics more and more.
Chromatography software market is anticipated to grow at a CAGR of 8.5% during the forecast period (2024-2031). The market’s growth is attributed to the growing demand for efficiency and speed across the globe. The time and complexity involved in chromatographic separations are decreased by chromatography-free mass spectrometry devices, that simplify analytical processes. This effectiveness is a key motivator, particularly in applied market sectors where rapid and easy assessments are essential.
Population health management market is anticipated to grow at a CAGR of 13.5% during the forecast period (2024-2031). The market’s growth is attributed to the growing chronic illness among population and need for managing health of population is anticipated to drive the market. Furthermore growing policies and initiatives taken by the organization in the field of population health management is creating favourable condition for the growth of the market.
Hospital bed management systems market is anticipated to grow at a CAGR of 9.3% during the forecast period (2024-2031). The market’s growth is attributed to the growing demand for patient-centered safety and care across the globe. Global adoption of advanced bed management systems is a result of the growing need for patient-centered care. These systems, that include elements such as weight control, non-disruptive turns monitoring, and movement-free X-rays, prioritize patient safety and well-being while additionally improving operating efficiency.
Burn care market is anticipated to grow at a CAGR of 7.4% during the forecast period (2024-2031). The rising incidence of burns owing to accidents, fire-related incidents, or medical conditions across the globe is projected to boost the market growth. According to the World Health Organization (WHO), burns are a global public health problem, accounting for an estimated 180,000 fatalities annually.
Portable x-ray devices market is anticipated to grow at a CAGR of 7.4% during the forecast period (2024-2031). The market’s growth is attributed to the increasing demand for diagnostic precision and imaging quality increase to enhanced image quality. Manufacturers seek devices that provide high-quality images and diagnostic precision, in accordance with the market's emphasis on precise diagnoses and improved results for patients.
Knee replacement market is anticipated to grow at a considerable CAGR of 4.5% during the forecast period. The rising geriatric population along with the increasing prevalence of osteoporosis and, arthritis globally is a key factor driving the global market. According to the October 2021 report of the World Health Organization, the global population of people aged 60 years and more is expected to increase from 1 billion in 2020 to 2.1 billion by 2050, which is expected to have a significant impact on the demand for home healthcare software market as older people are more dependent upon others for their care and other needs.
Multiomics market is anticipated to grow at a considerable CAGR of 16.5% during the forecast period (2024-2031). Advancements in multiomics technology along with its growing application in the treatment of several disorders is a key factor driving the growth of the global market. The discovery of new application areas of multiomics is further aiding the market growth.
Anesthesia EMR Software market is anticipated to grow at a CAGR of 7.8% during the forecast period (2023-2030). The widespread adoption of electronic medical records (EMRs) within the healthcare industry serves as a primary driving force behind the expanding anesthesia EMR software market. EMRs represent digital counterparts of a patient's medical chart, offering healthcare providers a multitude of benefits, including enhanced patient care, reduced costs, and improved efficiency.
Hepatitis e diagnostic tests market is anticipated to grow at a CAGR of 7.40% during the forecast period (2024-2031). The market’s growth is attributed to the demand for global health concern. The global prevalence and significance of Hepatitis E as a major public health concern motivate continued growth and acceptance of diagnostic tests to effectively manage and minimize the disease's impact on public health.
NDDS market is anticipated to grow at a CAGR of 21.6% during the forecast period (2024-2031). The market’s growth is attributed to the growing demand for targeted therapies. Based the increased risks associated with diabetes, there is rising demand for more specific and focused medicines for managing cardiovascular problems. NDDS provides a possibilities by allowing drugs to be delivered directly to afflicted locations, decreasing systemic side effects while increasing the effectiveness of therapy.
Hirsutism treatment market is anticipated to grow at a considerable CAGR of 7.2% during the forecast period (2024-2031). The growth of this market is attributed to the increasing prevalence of hirsutism among women. According to the American Academy of Family Physicians, hirsutism affects around 8.0% of women, and it is associated with an estimated economic burden surpassing $600 million annually in the US. Cosmetic and psychological problems associated with unwanted hair and the increasing prevalence of polycystic ovary syndrome are major factors projected to fuel market growth during the forecast period.
Cyclotron market is anticipated to grow at a CAGR of 11.2% during the forecast period (2023-2030). The market growth is attributed to factors such as the growing prevalence of cancer and the increasing use of diagnostic imaging procedures. According to the World Health Organization, cancer is a leading cause of death around the globe, accounting for nearly 10 million deaths in 2020, or nearly one in six deaths. In terms of new cases of cancer in 2020 included breast (2.26 million cases); lung (2.21 million cases); colon and rectum (1.93 million cases).
Optical coherence tomography (OCT) market is anticipated to grow at a CAGR of 12.2% during the forecast period (2023-2030). OCT is an imaging technique that uses light to create cross-sectional images of a material or object. It is analogous to ultrasound, which uses sound waves to create images. OCT is a non-invasive imaging technique, which means that it does not require any contact with the object being imaged. This makes it a valuable tool for imaging sensitive tissues, such as the retina of the eye.
Biomarker clinical phase outsourcing services market is anticipated to grow at a CAGR of 21.3% during the forecast period (2023-2030). Significant factors including the increasing number of drug development processes, and the rising prevalence of chronic diseases such as cancer, cardiovascular diseases, and neurological disorders has led to an increased focus on biomarkers for early detection, disease monitoring, and treatment response assessment. World Health Organization (WHO) estimated 17.9 million lives every year.
Leadless pacemakers market is anticipated to grow at a CAGR of 3.6% during the forecast period (2023-2030). One of the major factors are attributed to the market growth including the rising geriatric population, increasing prevalence of cardiovascular disease (CVDs), favorable government initiatives and policies, and the introduction of new and enhanced technological products. According to the World Health Organization, an estimated 17.9 million people died from CVDs in 2019, representing 32% of all global mortalities.
Blood processing devices and consumables market is anticipated to grow at a CAGR of 9.2% during the forecast period (2023-2030) owing to the rise burden of disorders requiring blood transfusion, increasing surgical procedures, as well as increasing geriatric population. The rising need for safe blood supply for surgeries or other transfusion procedures is shows market growth. To overcome the infections caused due to blood transfusions and blood donation, several blood processing machines and blood processing consumables are utilized to prevent infection.
Electrocardiography (ECG) telemetry devices market is anticipated to grow at a CAGR of 5.6% during the forecast period (2023-2030). The growing demand for technological advancements across the globe. The integration of ECG telemetry devices with IoT and mobile computing technology expands their reach and effectiveness, allowing for remote monitoring and data move in instantaneously. According to the MDPI, in February 2020, the World Health Organization (WHO) reported that cardiovascular diseases (
Whole slide imaging market is anticipated to grow at a CAGR of 6.39 % during the forecast period (2023-2030). The market’s growth is attributed to the increased computer processing power across the globe. The development of powerful computers has made it possible to process and analyze enormous images generated by WSI scanners. Image analysis has grown more rapid and precise as a result of technology.
Telepsychiatry market is anticipated to grow at a considerable CAGR of 19.5% during the forecast period. The rising healthcare costs, technological innovations, increasing remote patient monitoring, and the rising mental disorders are driving the growth of the global market. According to the WHO, in 2019, 1 in every 8 people, or 970 million people around the world were living with a mental disorder, with anxiety and depressive disorders the most common.
Pupillometer market is anticipated to grow at a CAGR of 6.85% during the forecast period (2023-2030). The market’s growth is attributed to the growing demand in healthcare across the globe. In healthcare, it contains an increasing demand for reliable and efficient diagnostic tools, particularly in sectors such as ophthalmology, neurology, and critical care. The pupillometers are essential in diagnosing neurological diseases, brain traumas, and monitoring patients in critical care situations.
EConsent in Healthcare market is anticipated to grow at a CAGR of 9.90% during the forecast period (2023-2030). The market’s growth is attributed to the increased sponsor control. The addition of tiered license options and extra features in eConsent solutions offers sponsors more control and customization capabilities. This satisfies the desire for customized consent solutions based on the needs of the study.
Multiplex assays market is anticipated to grow at a CAGR of 14.8% during the forecast period (2023-2030). The market’s growth is attributed to the increasing advancements in immunotherapy. The increased use of immunotherapy, particularly chimeric antigen receptor (CAR) T cell therapy, for cancer treatment increases the need for accurate measurement and monitoring of CAR-T cells. Multiplex digital PCR assays satisfy the demand by delivering accurate, comprehensive analysis necessary for determining therapy success.
GMP testing service market is anticipated to grow at a CAGR of 6.7% during the forecast period (2023-2030). The market’s growth is attributed to growing healthcare preventive maintenance. GMP programs are a type of preventive healthcare that focuses on the early detection of growth problems in children. The requirement for GMP testing stems from the priority of ensuring the health and well-being of the next generation.
Autologous wound patches market is anticipated to grow at a CAGR of 9.2% during the forecast period (2023-2030). Autologous wound patches offer new treatment option for patients, as they can help to accelerate wound healing and reduce the risk of complications. Skin injuries across the body continue to disrupt everyday life for millions of patients and result in prolonged hospital stays, infection, and death.
Patient registry software market is anticipated to grow at a CAGR of 8.6% during the forecast period (2023-2030). The market’s growth is attributed to patient-centered care across the globe. The inclusion of patient-reported outcome measures, in addition to the participation of patient advocacy groups, reflects an increasing tendency toward patient-centered care.
Legal AI software market is anticipated to grow at a CAGR of 36.8% during the forecast period (2023-2030). The market’s growth is attributed to balancing innovation and security. Copyright legislation has to strike a balance between supporting AI innovation and protecting content creators' rights. It needs to encourage AI development while maintaining creators' rights.
Healthcare payer services market is anticipated to grow at a CAGR of 7.8% during the forecast period (2023-2030). The growth of this market is attributed to the rising need for cost-effective operations and the growth in demand for advanced supply chain management (SCM) practices, minimizing the overall cost of healthcare supply chain BPO services is likely to boost market growth during the forecast period.
Ostomy care and accessories market is anticipated to grow at a CAGR of 6.3% during the forecast period (2023-2030). Pivotal factors attributed to market growth including the growing geriatric population, coupled with the increasing prevalence of colorectal cancer, high prevalence of bladder cancer, and technological advancements.
Wealthtech solutions market is anticipated to grow at a CAGR of 13.13% during the forecast period (2023-2030). The market’s growth is attributed to growing adoption of technology and digitization. India, such as several other countries, is experiencing rapid digitalization and technological adoption. Investors have been searching for digital solutions that enable easy access to wealth management services, that increases the demand for advanced digital platforms.
Cardiovascular clinical trials market is anticipated to grow at a CAGR of 6.4% during the forecast period (2023-2030). Pivotal factors including the increasing prevalence of peripheral vascular diseases (PVDs) and coronary artery diseases (CAD). According to the World Health Organization, Cardiovascular diseases (CVDs) are the leading cause of death globally, taking an estimated 17.9 million lives each year.
Spinal non-fusion technologies market is anticipated to grow at a CAGR of 7.2% during the forecast period (2023-2030). Spinal non-fusion technologies are a group of surgical and non-surgical procedures that are designed to treat spinal disorders without fusing the vertebrae. The market growth is driven by increasing cases of spinal injuries due to preventable causes such as road traffic crashes, falls or violence is creating demand for spinal non-fusion technologies.
Healthcare Claims Management market is anticipated to grow at a CAGR of 5.2% during the forecast period (2023-2030). Healthcare claims management is the process of submitting and processing healthcare claims to payers, such as health insurance companies and government programs. Healthcare claims management solutions can help providers to streamline the claims process and improve their efficiency.
Paresthesia treatment market is anticipated to grow at a CAGR of 3.6 % during the forecast period (2023-2030). The market’s growth is attributed to high rate of chronic pain across the globe. According to the Population Health Metrics, in November 2022, about 20.0% of individuals globally suffer from chronic pain that signify an enormous expense for the medical community. Numerous chronic pain conditions, including neuropathic pain linked to paresthesia, are prevalent in the aforementioned group.
High level disinfection services market is anticipated to grow at a CAGR of 7.4% during the forecast period (2023-2030). Pivotal factors attributed to market growth including the increasing incidences of hospital-acquired infections (HAIs), the growing prevalence of infectious diseases, and the growing number of surgical procedures. HAIs are nosocomial infections that are more frequent in people undergoing long-term care, most notably surgical treatment. HAIs are most common in the elderly, infants, and patients with weakened immune systems. T
Healthcare satellite connectivity market is anticipated to grow at a considerable CAGR of 6.5% during the forecast period. The cohesive government initiatives toward adopting healthcare satellite connectivity to drive the market growth. For instance, in March 2021, the Satellite telecommunications company and Luxembourg Government launched the second phase of the SATMED telemedicine project.
Geospatial analytics market is anticipated to grow at a considerable CAGR of 8.5% during the forecast period. Geospatial analytics is used to add timing and location to traditional types of data and to build data visualizations. These visualizations can include maps, graphs, statistics and cartograms that show historical changes and current shifts. The ability of governments to utilize these analytics to map crime locations, issue alerts during natural disasters, and design effective disaster recovery mechanisms is a key factor driving the growth of the global market.
Bipolar disorder treatment market is anticipated to grow at a CAGR of 2.6% during the forecast period owing to the rising prevalence of bipolar disorder, along with the rising awareness about mental health. Other factors, such as increased government initiatives and increased demand for innovative treatment choices, are likely to boost market expansion. Additionally, advancements in technology have also played a significant role in the growth of the bipolar disorder treatment market.
Healthcare supply chain management market is anticipated to grow at a considerable CAGR of 8.5% during the forecast period. The increasing pressure faced by healthcare providers to improve operational profitability and efficiency along with the growing adoption of the GS1 system of standards in various countries is a key factor driving the growth of the global healthcare supply chain management market.
Dental CAD market is anticipated to grow at a significant CAGR of 7.5% during the forecast period. The increasing burden of oral diseases and oral cancer, globally, is the major factor driving the growth of the dental CAD market. For instance, according to the World Health Organization (WHO) update in March 2022, 3.5 billion people are estimated to have oral diseases across the globe. In addition, rising product launches in the dental CAD industry are further expected to drive the market growth, due to the rise in adoption.
Mobile clinics market is anticipated to grow at a significant CAGR of 11.5% during the forecast period. The growing prevalence of chronic disorder, emerging demand for emergency care units, along with growing technological advancements in mobile clinics is a key factor driving the growth of the global mobile clinics market. The United Nations (UN) Sustainable Development Goal 3, or SDG 3, declared a universal health goal to “ensure healthy lives and promote well-being for all at all ages” by 2030.
Artificial Intelligence (AI) in mental health market is anticipated to grow at a CAGR of 38.1% during the forecast period (2023-2030). Globally increasing number of suicide cases and growing awareness of mental disorder are significant driving factors of the market According to a report published by the World Health Organization (WTO) on August 2023, more than 7,00,000 people die due to suicide every year.
Healthcare mobility solutions market is anticipated to grow at a significant CAGR of 21.0% during the forecast period. The increasing demand for quality care delivery in the healthcare system is a key factor driving the global market. The offered benefits of mobility solutions such as enhanced clinical collaborations and improved health outcomes are further driving the market growth.
Virtual clinical trials market is anticipated to grow at a considerable CAGR of 8.5% during the forecast period. The rise in R&D activities, increasing healthcare digitization, as well as the adoption of telehealth are the key factors driving the growth of the global market. The alliances between clinical research organizations, pharmaceutical, and biotechnology companies as well as cohesive government initiatives are further contributing to the market development.
Hospice services market is anticipated to grow at a CAGR of 9.10% during the forecast period (2023-2030). The market’s growth is attributed to number of chronic conditions seeking palliative care. Palliative care is necessary for a wide variety of chronic disorders and is additionally required for a limited number of diseases. Cardiovascular conditions, cancer, long-term respiratory conditions, HIV/ AIDS, diabetes, and other conditions can be among problems.
Digital dentistry market is anticipated to grow at a significant CAGR of 8.5% during the forecast period. The increasing burden of oral diseases and oral cancer, globally, along with the rising integration of advanced technologies for its treatment is the major factor driving the growth of the digital dentistry market. For instance, according to the WHO update in March 2022, 3.5 billion people are estimated to have oral diseases across the globe.
Teleradiology software market is anticipated to grow at a significant CAGR of 7.5% during the forecast period. The increasing availability of more affordable and faster wireless data transfer, mass storage options, and broadband cellular technology has driven the growth of the global teleradiology software market. The rising prevalence of chronic disorders coupled with the rising healthcare expenditure has further increasing its adoption, globally.
Retinal disorder treatment market is anticipated to grow at a CAGR of 11.2% during the forecast period (2023-2030). Treating the main retinal diseases in the everlasting war against blindness and its associated morbidity has been growing steadily over the last two decades. The growing adoption of macular degeneration treatment for retinal disorder key factor supporting the growth of the market globally.
Computer vision in the healthcare market is anticipated to grow at a CAGR of 43.2% during the forecast period (2023-2030). Computer vision has a wide range of applications in healthcare such as diagnostic imaging, pathology, surgical procedures, patient monitoring, drug discovery, and telemedicine, among others. Usage of computer vision reduces the chances of errors and improves speed, and accuracy of disease diagnosis, surgical interventions, and remote patient assessments, ultimately leading to enhanced healthcare outcomes.
Big data in healthcare market is anticipated to grow at a significant CAGR of 15.5% during the forecast period. The rise in the number of healthcare facilities adopting big data in healthcare to generate revenues has driven the global market. Moreover, the increasing demand for Electronic Health Records (EHR) and mandatory federal norms are responsible for the increased usage of big data analytics in healthcares.
Surgical dressing market is anticipated to grow at a CAGR of 6.4% during the forecast period (2023-2030). The prevalence of chronic wounds, such as venous leg ulcers, pressure ulcers, and diabetic foot ulcers, is increasing challenges to wound care professionals, having a considerable impact on the growth of the surgical dressing industry.
Healthcare interoperability market is anticipated to grow at a significant CAGR of 10.5% during the forecast period. The rise in the number of healthcare facilities adopting healthcare interoperability solutions has driving the global market. Also, increasing demand for Electronic Health Records (EHR) and mandatory federal norms are responsible for the increased usage of healthcare interoperability.
Nipah virus infection testing market is anticipated to grow at a CAGR of 4.8% during the forecast period (2023-2030). The market’s growth is attributed to the growing incidence of Nipah virus infection across the globe. NiV can be passed from infected animals (such as pigs or bats) or their bodily fluids to individuals through contact. It involves fluids including blood, urine, and saliva. According to the National Institute of Health, in March 2023, Encephalitis and NiV infection are connected (inflammation of the brain).
Healthcare content management system market is anticipated to grow at a significant CAGR of 12.0% during the forecast period. The growing adoption of healthcare content management systems to manage a huge influx of data for efficient management of operational resources is a key factor driving the growth of the global market. The increasing investment from the life science & healthcare industry, exponential increase in healthcare data, and increasing emerging cloud and other solutions have been further contributing to the market growth.
Advanced visualization market is anticipated to grow at a significant CAGR of 11.0% during the forecast period. The increasing prevalence of chronic diseases coupled with the growing geriatric population and rising awareness of the benefits associated with advanced visualization tools in disease diagnosis are the key factors driving the growth of the global advanced visualization market. Additionally, the advancements in advanced visualization tools are further contributing to the global market growth.
Tele ICU market is anticipated to grow at a significant CAGR of 18.5% during the forecast period. An increase in the volume of surgical procedures globally along with the increasing demand for remote patient monitoring are anticipated to drive market growth. The advantages offered by tele-ICU such as the low-cost method of connecting intensivists with hospitals, earlier interventions for critically ill patients, are further increasing their adoption.
Patient portal market is anticipated to grow at a significant CAGR of 18.5% during the forecast period. The rise in the number of healthcare facilities adopting patient portals has driving the global market. Also, increasing demand for Electronic Health Records (EHR) and mandatory federal norms are responsible for the increased usage of patient portals.
Medical devices connectivity market is anticipated to grow at a significant CAGR of 18.5% during the forecast period. The growing digitalization of healthcare infrastructure, high integration of IoT medical devices in healthcare settings, and high demand for connected medical devices is a key factor driving the growth of the global medical devices connectivity market. The rising implementation of EHRs and health information exchange systems along with the high demand for telemedicine technologies is further contributing to the market growth.
Medical automation market is anticipated to grow at a CAGR of 13.7% during the forecast period (2023-2030). Medical automation helps improve patient outcomes by supporting technological advancements, making processes more efficient and effective. The key factors driving the market are the adoption of automated instruments by drug discovery departments of pharmaceutical companies, the rise in need for miniaturization, and technological advancements coupled with the rise in demand for robot-assisted surgeries.
Virtual Reality (VR) market in healthcare is anticipated to grow at a CAGR of 35.3% during the forecast period (2023-2030). Growing regulatory support, increasing adoption of VR-based medical education and training, rapid technological advancements in VR technology, and growing affordability and access to healthcare are driving market demand for VR in the healthcare sector.
5G in healthcare market is anticipated to grow at a significant CAGR of 51.5% during the forecast period. The growing adoption of 5G technology by healthcare organizations owing to its offered benefits is a key factor driving the growth of the market. The 5G technology can improve both patient and staff experience without the need for extensive training or changes to workflows. If implemented smartly, 5G also represents a rare opportunity to future-proof healthcare facilities.
Newborn screening market is anticipated to grow at a CAGR of 7.8% during the forecast period (2023-2030). The market’s growth is attributed to early intervention. Early intervention has become more and more essential in healthcare to enhance patient outcomes. Modern technologies help to achieve the essential goal of newborn screening. Accordingly, market players are coming up with new products to cater to the demand for new screening devices.
IoT in healthcare market is anticipated to grow at a considerable CAGR of 24.3% during the forecast period. The growth of the market is attributed to factors such as the rapidly growing penetration of smartphones, growing internet penetration, rising demand for remote patient monitoring, fueling the growth of IoT in healthcare market. According to the International Telecommunication Union (ITU) estimated that approximately 5.4 billion people or 67% of the world’s population are using the Internet in 2023.
Microbiology testing market is anticipated to grow at a CAGR of 9.4% during the forecast period (2023-2030). The market’s growth is attributed to regulatory compliance across the globe. To comply with rigid regulations in the healthcare, pharmaceutical, and food safety industries, specialized testing methods are required. A major concern is ensuring the quality and safety of the products.
Healthcare predictive analytics market is anticipated to grow at a significant CAGR of 25.5% during the forecast period. Healthcare predictive analytics support healthcare organizations, hospitals, and doctors to access, analyze, and process patient data to provide data-based quality care, accurate diagnosis, and personalized treatments. In August 2023, a survey conducted by the Healthcare Information and Management Systems Society (HIMSS) and healthcare data analytics company Arcadia about the current state of healthcare analytics platforms demonstrates that less than 60 percent of health systems’ data is used to inform intelligent business decisions.
Medical imaging workstation market is anticipated to grow at a CAGR of 5.5% during the forecast period. The ongoing technological advancements in imaging systems that require sophisticated operating units and workstations for smooth operation are key factors driving the growth of the global medical imaging workstation market. The rising prevalence of chronic disorders coupled with the rising healthcare expenditure is driving the global market.
Preclinical imaging market is anticipated to grow at a CAGR of 6.82% during the forecast period (2023-2030). The market’s growth is attributed to enhancement of sensitivity and resolution. High-field MRI systems improve the sensitivity and resolution of scans, enabling researchers to detect and analyze delicate structural and functional modifications in animal models. This higher level of sensitivity and resolution is important for accurately modeling diseases and evaluating potential drug candidates. Accordingly market players are coming up with new products to cater the demand for new MRI devices.
Cannabidiol oil market is anticipated to grow at a considerable CAGR of 16.3% during the forecast period. The increased awareness about the benefits of cannabidiol and its medicinal properties has driven its demand; which in turn driving the growth of the global cannabidiol oil. Additional, the high adoption of hemp oil in pharmaceutical industries as it reduces the body pain is a positive sign is further contributing to the market growth.
Animal wound care market is anticipated to grow at a considerable CAGR of 4.3% during the forecast period. The rising initiatives by the governments and animal welfare associations for animal health are key contributors to the growth of the global animal wound care market. The increased animal adoption and animal healthcare expenditure are further contributing to the market growth. As per Pet Food Manufacturer Association, there were more than 54 million pets in the UK in 2022. About 44.0% household had at least 1 pet.
Scanning electron microscopes market is anticipated to grow at a CAGR of 8.3% during the forecast period (2023-2030). The market’s growth is attributed to rise in research activities across the globe. The need for SEMs has been driven by expanding research initiatives across a range of sciences. For their studies, scientists and researchers demand superior imaging and analytic equipment. Accordingly market players are coming up with new products to cater the demand for scanning electron microscope.
Salmonella testing and treatment market is anticipated to grow at a CAGR of 7.5% during the forecast period (2023-2030). Salmonella is a bacterial disease that affects the intestinal tract. Salmonella bacteria typically live in animal and human intestines and are shed through stool (feces). Humans become infected most frequently through polluted water or food. The increasing number of patients suffering from food infection is the primary factor supporting the market growth. According to the Department of Agriculture, Environment and Rural Affairs, over 2,500 strains (serovars) of Salmonella are known most of which rarely cause disease.
Healthcare IT solution market is anticipated to grow at a CAGR of 12.8% during the forecast period (2023-2030). Healthcare IT-Solution is an essential aspect of the healthcare industry. It helps to improve the efficiency and effectiveness of healthcare delivery and enables healthcare providers to manage patient care better. With the increasing demand for healthcare technology solutions, many healthcare software development companies offer a wide range of products and services.
Cervical dystonia treatment market is anticipated to grow at a considerable CAGR of 7.8% during the forecast period. Cervical dystonia is a neurological disorder that causes the muscles in the neck to contract involuntarily. This can cause the head to lean or twist to one side, or the chin to pull up, down, forward, or backward. Primary factor propelling the market growth includes the increasing prevalence of cervical dystonia.
Apheresis market is anticipated to grow at a CAGR of 8.4% during the forecast period (2023-2030). The market’s growth is attributed to the ongoing innovation in medical technology across the globe. Apheresis systems such as Spectra Optia provide innovative and effective treatment alternatives, increasing usage globally. In a therapeutic treatment known as RBCX, the patient's own red blood cells—often sick or defective cells—are removed and replaced with healthy donor red blood cells.
Multi-wall carbon nanotube market is anticipated to grow at a considerable CAGR of 12.2% during the forecast period. Multi-walled carbon nanotubes (MWCNTs) are a composite structure of concentrically layered carbon nanotubes nested in each other. They are made up of two or more nested single-wall carbon nanotubes. MWCNTs are used in a variety of energy applications, such as batteries, solar cells, and fuel cells. MWCNTs can be used to develop more efficient and durable energy storage and conversion devices.
Surgical Sutures market is anticipated to grow at a CAGR of 5.8% during the forecast period (2023-2030). Doctors use sutures to treat wounds and lacerations. The market’s growth is attributed to growing demand for technological advancements such as suture anchor system, and citregenTM. Suture anchor systems are employed during orthopedic and soft tissue procedures, especially when a secure and reliable bond amongst the soft tissue and the bone is required.
Superabsorbent Dressings market is anticipated to grow at a CAGR of 4.5% during the forecast period (2023-2030). The growth of the market is attributed to growing demand for advancements in wond care technology across the globe. The system can contain innovative superabsorbent dressings or wound dressings with unique capabilities to speed up healing and efficiently manage exudate. In March 2023, Vaporox received clearance from the US Food and Drug Administration for its next-generation VHT-200 medical device system for healing chronic wounds, which are wounds that do not respond to conventional wound treatment.
Mental health service market is anticipated to grow at a CAGR of 7.5% during the forecast period (2023-2030). Rising utilization of mental health service apps owing to their benefits in improving treatment outcomes and lifestyle and increasing awareness regarding mental health as a significant health condition are some of the major factors boosting the market growth. Mental health disorders are usually associated with distress or impairment in important areas of functioning.
Orthopedic implants market is anticipated to grow at a considerable CAGR of 5.0% during the forecast period. The growth of the market is attributed to factors such as an increasing aging population, rising prevalence of orthopedic conditions, advancements in medical technologies, and a growing number of orthopedic surgeries. Further, the demand for better quality of life and the adoption of minimally invasive surgical procedures are some of the factors anticipated to fuel the demand for Orthopedic Implants.
Dental polishing machine market is anticipated to grow at a CAGR of 5.3% during the forecast period (2023-2030). The growth of the market’s is attributed to growing demand for new technological advances such as, dental laboratories that need to automate their polishing processes for a very low investment and obtain high-quality, consistent results in a single 20-minute phase can employ such a small solution.
RFID in healthcare market is anticipated to grow at a CAGR of 15.2% during the forecast period (2023-2030). Inventory management in pharmacies, hospitals, and biotech firms and also improved patient security by healthcare providers are the driving factor for the growth of Improvement RFID in the Healthcare market. According to the UPS Healthcare Supply Chain Vital Signs US Hospitals Study, The operating room accounts for between 40.0% to 60.0% percent of a hospital's overall supply spending.
Eyelid surgery market is anticipated to grow at a considerable CAGR of 5.5% during the forecast period. The growth of the market is attributed to factors such as the increasing aesthetic concerns, rising demand for cosmetic procedures, and advancements in surgical techniques. Further, the aging population and growing awareness about the benefits of eyelid surgery are some of the factors anticipated to fuel the demand for Eyelid Surgery.
X-ray machine manufacturing market is anticipated to grow at a CAGR of 2.3% during the forecast period (2023-2030). The market’s growth is attributed to growing demand for point-of-care imaging. Rapid diagnostic point-of-care imaging systems are in higher demand. By implementing imaging capabilities right next to the patient, mobile X-Ray devices satisfy the requirements. Accordingly market players are coming up with new products to cater the demand for mobile x-ray systems.
Tumor tracking systems market is anticipated to grow at a CAGR of 4.9% during the forecast period (2023–2030). The growth of the market is attributed to the growing development of digital pathology. Modern healthcare is incorporating more digital pathology technologies, such as sophisticated staining platforms such as Benchmark Ultra Plus. They enhance the overall diagnostic process by enabling remote cooperation, data storage, and analysis.
Orthopedic biomaterial market is anticipated to grow at a considerable CAGR of 7.2% during the forecast period. The growth of the market is attributed to factors such as the increasing prevalence of orthopedic conditions, a rise in the number of orthopedic surgeries, advancements in technology, and the growing geriatric population. Further, factors such as the demand for minimally invasive procedures, the adoption of robotic-assisted surgeries, and the availability of advanced orthopedic biomaterial are expected to fuel the demand for orthopedic biomaterial market.
Digital payment in healthcare market is anticipated to grow at a considerable CAGR of 20.2% during the forecast period. The digital payment in healthcare market is experiencing significant growth and transformation due to factors such as the rising technology adoption, consumer preference for convenience, regulatory support, security and fraud prevention, integration with healthcare systems, and the impact of the COVID-19 pandemic.
Silicone foam dressings market is anticipated to grow at a CAGR of 5.2% during the forecast period (2023-2030). The main factor driving the expansion of the silicone foam dressings market is the rise in acceptance of advanced foam dressings among people all over the globe. Key companies in foam dressing are also anticipated to develop new products and innovate existing ones, resulting in an acceleration of market expansion.
Maternal Health market is anticipated to grow at a CAGR of 9.0% during the forecast period (2023–2030). The growth of the market is attributed to the growing demand for adopting evidence-based best practices that can lead to better maternal and infant health outcomes. Nowadays, hospitals that have adopted the highest standards in terms of patient care quality, safety, and accessibility for pregnant and postpartum patients have been awarded a certification that informs consumers about the establishments.
Clinical diagnostics market is anticipated to grow at a CAGR of 6.3% during the forecast period (2023–2030). The market expansion is attributed to the ongoing modernization of innovative diagnostic tests. Technological advancements, such as next-generation sequencing (NGS), molecular diagnostics, and new imaging techniques, have substantially enhanced the precision and efficacy of diagnostic tests.
Dental 3D printing market is anticipated to grow at a CAGR of 29.9% during the forecast period (2023-2030). The market’s growth is attributed to the growing integration of advanced digital technologies such as artificial intelligence (AI), machine learning (ML), 3D printing, and others in several industries including healthcare and others. The printing speed, resolution, and material selections have all improved as a result of the ongoing developments in 3D printing technology.
Syphilis testing market is anticipated to grow at a CAGR of 6.2% during the forecast period (2023–2030). Treponema palladium is the bacterium that causes the sexually transmitted disease syphilis. During the first two phases, it is most contagious. The initial stage of syphilis is the concealed, or latent, stage, during which the patient is not harmed. Although there are no symptoms, the disease is still vital. The second stage of the disease, referred to as tertiary syphilis, is the most harmful to health.
Lower respiratory tract disease diagnosis and treatment market is anticipated to grow at a CAGR of 7.4% during the forecast period (2023-2030). The lower respiratory tract disease diagnosis and treatment market is driven by the rising incidence of lower respiratory tract diseases, the aging population, increased awareness and diagnosis, government initiatives and healthcare policies, environmental variables (such as air pollution, climate change, and allergens), and innovations in technology.
Transitional care management (TCM) services market is anticipated to grow at a CAGR of 17.4% during the forecast period. TCM refers to a collection of services that assists patients in transitioning from one healthcare environment to another, such as from a hospital to a primary care physician. These services are used to guarantee continuity of treatment, minimize avoidable bad outcomes, and limit possibly avoidable readmissions and medical mistakes in the 30 days following discharge from the acute care environment.
Pediatric neuroblastoma treatment market is anticipated to grow at a CAGR of 10.3% during the forecast period. Pediatric neuroblastoma treatment refers to a kind of treatment for cancer or a tumor that affects the nervous system in children. The rising number of new cases of pediatric neuroblastoma is expected to propel the growth of the pediatric neuroblastoma treatment market over the forecast period.
Animal operating table market is anticipated to grow at a CAGR of 4.2% during the forecast period. The growing number of pet owners around the globe has increased demand for veterinary services and equipment, such as animal operating tables. The market for animal operating tables is growing considerably owing to the technological advancement, rising awareness, inclination towards adopting pet animals around the globe.
Anti-venom market is anticipated to grow at a CAGR of 7.0% during the forecast period (2023-2030). Anti-venom, often referred to as venom antiserum, is a type of drug used to treat the symptoms of venomous bites or stings from animals, such as snakes, spiders, scorpions, and some marine species such as jellyfish or cone snails. The major factor expanding the market globally include improvements in venom extraction methods, the therapeutic potential of snake venom, and the desire for natural products.
Scanning tunneling microscopes market is expected to grow at a CAGR of 5.8% during the forecast period. The market is majorly driven by various factors, including the increasing demand for high-resolution imaging across several industries such as semiconductors and microelectronics. Additionally, advancements in nanotechnology research and applications, coupled with growing demand for scanning tunneling microscope is anticipated to propel the growth of the market.
Solid tumor cancer treatment market is anticipated to grow at a CAGR of 12.5% during the forecast period. Solid tumor cancer treatment refers to a treatment of an aberrant mass of tissue that does not generally contain cysts or liquid regions. Solid tumors include cancers of the brain, ovary, breast, colon, and other organs. The majority of the tumor's cells are created by cancer stem cells through division.
ASD market is anticipated to grow at a considerable CAGR of 5.1% during the forecast period. The growth of the market is attributed to factors such as the increasing prevalence of autism and the development of innovative treatment options. For instance, in Jun 2019, Q BioMed Inc. founded two novel biomarkers for pediatric nonverbal autism, reportedly marking the first time a company has identified biomarkers that hold the potential to stratify an autism spectrum disorder subset of children as young as 18 months. Such discovery contribute to effective treatment for children destined with little or no ability to speak.
Pulmonary function testing market is anticipated to grow at a considerable CAGR of 8.3% during the forecast period. Global pulmonary function testing systems market demand is fueled by the rising incidence of lung-related disorders, technological advancements in pulmonary function testing systems and occupational lung diseases. For instance, in April 2023, Asan Medical Center (AMC) developed an artificial intelligence lung testing device that predicts lung function based on computed tomography (CT) test results with an accurate rate of 90% or higher. This algorithm is capable of identifying patients with decreased lung function based on CT scans.
Orthopedic surgery software market is anticipated to grow at a considerable CAGR of 7.9% during the forecast period. The growth of the market can primarily be attributed to the growing prevalence of different types of orthopedic disorders, such as arthritis, osteoarthritis, fibromyalgia, fractures, osteoporosis, and soft-tissue injuries among others, and there rises the need for different orthopedic software to treat these disorders.
Digital mental health market is anticipated to grow at a considerable CAGR of 20.3% during the forecast period. The increasing demand for behavioural health treatment and mental health services paves the way for a growing digital mental health market. In addition, the rising use of mental health apps, coupled with an upsurge in the number of neurology diseases, drives the market growth.
Artificial womb facility market is anticipated to grow at a considerable CAGR of 8.9% during the forecast period. The key factor fueling the market growth include the increasing prevalence of preterm births, which can result in long-term health problems for the infant. Artificial womb facilities offer the potential to improve outcomes for premature infants by providing a more controlled and supportive environment for their development. According to the Centers for Disease Control and Prevention (CDC), the preterm birth rate rose 4% in 2021, from 10.1% in 2020 to 10.5% in 2021 in the US.
Augmented reality (AR) in healthcare market is anticipated to grow at a CAGR of 24.8% during the forecast period. The US Food and Drug Administration (FDA) approval for AR devices is anticipated to drive the growth of the global AI in healthcare market. For instance, in December 2022, the US FDA has launched a new webpage dedicated to medical devices that incorporate AR and virtual reality (VR) technologies.
Multiple myeloma market is anticipated to grow at a considerable CAGR of 4.8% during the forecast period. The growth of the market is attributed to factors such as the increasing prevalence of multiple myeloma and advancements in diagnostic and treatment technologies. For instance, according to the University of California, in 2020, nearly 176,404 or 95% new cases of multiple myeloma were reported globally. Moreover, according to the Canadian Cancer Society, the number of new myeloma cases diagnosed in 2022 was 4,000, among them 2,400 males and 1,550 females, and nearly 11 people are diagnosed with myeloma each day.
Artificial kidney market is anticipated to grow at a considerable CAGR of 13.0% during the forecast period. The market growth is attributed to factors including the increasing number of patients suffering from diseases such as Acquired Cystic Kidney Disease, Glomerular Diseases, Diabetes Insipidus, and others, globally. Moreover, the less availability of kidney donors is another key factor intensifing the market growth.
Hematology analyzer market size was valued at $7.3 billion in 2022, and is projected to reach $11.5 billion by 2030, registering a CAGR of 6.6% during the forecast period (2023-2030). Hematology analyzers are computerized, highly specialized machines that count the number of different types of red and white blood cells, blood platelets, hemoglobin, and hematocrit levels in a blood sample.
Digital innovation in insurance market is anticipated to grow at a considerable CAGR of 12.2% during the forecast period. The insurance industry has long been held back by manual processes, difficult-to-digitize workflows, and restrictive custom software for submitting, tracking, and paying out claims. Large insurance companies entrenched in legacy technology have historically found it hard to take advantage of advancements in technology without major changes to their business processes and underlying systems.
Neurological biomarkers market is anticipated to grow at a significant CAGR of 12.4% during the forecast period. The increase in the prevalence of neurological diseases such as motor neuron disease (MND), Parkinson’s disease (PD), stroke, Alzheimer’s disease (AD), and Huntington’s disease (HD), and the increase in biobanks for addressing unmet requirements in oncology, neuroscience, and cardiovascular disease (CVDs) to accelerate the market growth.
Urology robotic surgery market is anticipated to grow at a considerable CAGR of 11.5% during the forecast period. The growth of the market is attributed to factors such as technological advancements in robotic surgery systems, increasing prevalence of urological disorders, and rising adoption of robotic surgery by healthcare providers. As a result of all these factors, the market players are focusing on adopting new strategies such as partnerships and other to stay competitive in the market by offering updated medical facilities.
Acute respiratory distress syndrome (ARDS) therapeutics market is anticipated to grow at a considerable CAGR of 7.2% during the forecast period. The market for acute respiratory distress syndrome (ARDS) is being driven by factors such as the rising prevalence and incidence of acute lung injury, a wide range of ARDS risk factors, and an increase in the number of patients who have ARDS.
High-throughput screening market is anticipated to grow at a significant CAGR of 7.7% during the forecast period. The key factors contributing to the market growth include a rise in the use of high-throughput screening for drug development, as it reduces the time taken to develop a drug.
Glucagon market is anticipated to grow at a considerable CAGR of 5.9% during the forecast period. Owing to the increasing incidence of chronic diseases such as cancer, diabetes, and others along with the rising number of out-patients concerned with diabetes is the primary factor bolstering the growth of the market across the globe.
GI stool testing market is anticipated to grow at a significant CAGR of 7.1% during the forecast period. GI stool testing is a group of advanced stool tests that provide immediate, actionable clinical information for the management of gastrointestinal health. The test helps in diagnosing medical conditions, such as inflammatory bowel disease, gastric or colon cancer, anal fissures, and hemorrhoids, as well as detect the presence of blood in the stool sample.
Teleradiology market is anticipated to grow at a significant CAGR of 14.7% during the forecast period. The key factors contributing to the market growth include, the implementation and integration of Picture Archiving and Communication System (PACS), Artificial Intelligence (AI) into teleradiology, and increasing R&D activities and investments are factors predicted to propel the demand for teleradiology services and increase the market growth.
Cell lysis market is anticipated to grow at a significant CAGR of 8.6% during the forecast period. The key factors contributing to the market growth include increasing cancer cases and the prevalence of several cancer across the globe. For instance, as per the data by GLOBOCAN 2020, an estimated 19.3 million new cancer cases and almost 10.0 million cancer deaths across the globe occurred in 2020.
Wearable injectors market is anticipated to grow at a significant CAGR of 11.8% during the forecast period. The key factor attributed to the market growth are increasing cases and prevalence of chronic diseases owing to which the demand for wearable injectors is increasing and that in turn the market register further expansion.
Teledentistry market is anticipated to grow at a significant CAGR of 15.7% during the forecast period. Increasing demand for dental and oral care, increasing awareness regarding teledentistry, increased convenience of remote dental care, and growing dental injuries are such factors that lead to increased teledentistry market growth. For instance, in November 2021, According to the American Dental Association (ADA), every 15 seconds a person with a dental emergency enters an Emergency Room.
Laboratory mixer market is anticipated to grow at a significant CAGR of 5.1% during the forecast period. The key factors contributing to the market growth include decreasing the burden of increase in several life-threatening diseases, and the pharmaceutical and biotechnology companies focusing on developing effective treatments. These companies are majorly focusing on research and in turn, there is growth in the number of research activities and R&D spending.
Lab automation market is anticipated to grow at a significant CAGR of 7.9% during the forecast period. The key factors contributing to the market growth include increasing investments and funding activities by key players and the government for the implementation, integration, and development of new technology in lab automation. For instance, in February 2022, Automata raised funding of $50 million to automate entire lab processes from start to finish in $7.4 million was focused on developing and deploying its Eva robotic arm.
Genomics market is anticipated to grow at a significant CAGR of 15.3% during the forecast period. The key factors contributing to the market growth include, the glove governments in several countries are doing and made investments/funding in the field of genomics. For instance, in April 2021, UK Government made an investment of $4.2 billion for genomics projects and data-driven initiatives which are to be delivered through the Genome UK Implementation Plan and the UK Functional Genomics Initiative.
Clinical trials market is anticipated to grow at a significant CAGR of 5.3% during the forecast period. The key factors contributing to the market growth include increasing advancement in products by the addition of various technologies in a product such as new software, system to monitor clinical trials that take fewer times and attributed to the demand for the various new technologies and growing and also adoption is increasing that in turn contributing in the positive growth of the market.
Intraoperative imaging market is anticipated to grow at a significant CAGR of 6.6% during the forecast period. The key factors driving the market growth are, the increasing prevalence of chronic diseases such as cancer and cardiovascular conditions that lead to an increase in surgical procedures for the treatment that influence the increase of intraoperative imaging market growth.
Dental simulator market is anticipated to grow at a significant CAGR of 8.9% during the forecast period. The key factors contributing to the market growth include the increasing development, adoption, and installation of the technology-based new product to fulfill the increasing demand by the end-user sector. For instance, in June 2022, Align Technology launched the next-generation patient communication tool "Invisalign Outcome Simulator Pro".
Sports mouthguard market is anticipated to grow at a significant CAGR of 8.7% during the forecast period. The key factors that contribute to the market growth are the increase in the number of sports-related dental injuries and the high treatment costs associated with these injuries, and the increasing prevalence of dental trauma are such factors driving sports mouthguard market growth.
Medical tubing market is anticipated to grow at a CAGR of 8.5% during the forecast period. The rise in product launchs of medical tubes manufacturing companies across the globe is the major factor driving the growth of the market. For instance, in November 2021, Freudenberg Medical Europe GmbH launched PharmaFocus, a premium silicone tubing manufacturer for biopharmaceutical fluid processing.
Urgent care center market is anticipated to grow at a significant CAGR of 4.3% during the forecast period. The key factors contributing to the market growth include an increase in the prevalence of various chronic diseases such as strokes, diabetes, among others, and sports-related injuries, as this requires immediate medical assistance. For instance, according to the data by World Health Organization (WHO), in April 2021, approximately 17.9 million people annually lead to death followed by cancers (9.3 million), and diabetes (1.5 million).
Topical drug delivery market is anticipated to grow at a significant CAGR of 6.1% during the forecast period. The key factors contributing to the market growth include the growing incidence of burn injuries attributed to which there is high adoption of topical drugs as it is one of the major application areas of topical drugs. For instance, in November 2021, according to the data provided by Lancet Public Health, burn is one of the major causes of disability, with more than 8 million disability-adjusted life-years (DALYs).
Telehealth services market is anticipated to grow at a significant CAGR of 24.2% during the forecast period. Owing to the rising shortage of healthcare facilities and increased risk of infection drove medical centers and healthcare workers to include virtual care technologies which are boosting the demand for telehealth services across the globe. According to the World Health Organization (WHO) data, there will be a shortfall of 15 million health workers by 2030, mostly in low- and lower-middle-income countries.
Mobile imaging services market is anticipated to grow at a significant CAGR of 4.3% during the forecast period. The major factors which are driving the market growth include the increased adoption of mobile imaging services throughout the COVID-19 pandemic and various key players in the market supported via product launches to fight COVID-19. For instance, the data provided by the Journal of Medical Radiation Sciences in June 2022, stated there was a peak in the adoption of mobile imaging rate per month in non?routine body regions.
Surgical retractors market is anticipated to grow at a significant CAGR of 6.3% during the forecast period. The increasing number of cases of trauma injuries, and hip and knee replacement procedures are the key factor driving market growth across the globe. For instance, in 2020, as per the report published by American Joint Replacement Registry (AJRR), approximately 2 million hip and knee procedures were performed in the US. T
Dental imaging market is anticipated to grow at a significant CAGR of 8.3% during the forecast period. The key factors contributing to the market growth include the growing incidence of dental and oral health illnesses and a growing aging population that is more prone to develop the disease at an early stage. For instance, according to the data provided by World Health Organization (WHO) in March 2022, it stated that an estimated number of 3.5 billion people are affected by oral diseases which is the most common health condition as per the Global Burden of Disease 2019.
Digital genome market is anticipated to grow at a significant CAGR of 8.7% during the forecast period. The factors contributing to the digital genome market growth are the growing number of drug discoveries, the raising biotechnology sector, and the growing variants of the presenilin gene that leads to an increased number of Alzheimer's disease cases. For instance, as per the data by Alzheimer's Association approximately 6 million Americans are living with Alzheimer and by 2050 this number is projected to rise to nearly 13 million. Alzheimer's diseases cost $321 billion annually and which will increase by $1 trillion by 2050.
Dental implants market is anticipated to grow at a significant CAGR of 7.5% during the forecast period. The major factor contributing to the market growth includes the rising incidence of tooth loss, high demand for aesthetic dentistry, and the growing per capita healthcare spending. Further, the development and launches of innovative and new technology-based products by key players operating in the market to expand product portfolio is another factor spurring the market growth.
Cell-based assay market is anticipated to grow at a significant CAGR of 7.7% during the forecast period. The increasing number of chronic diseases such as cancer, diabetes, hypertension, and others owing to increasing chronic diseases that are raising demand growth for cell-based assays for new drug discoveries, is a key factor driving the market. For instance, according to the data by World Health Organization (WHO), in April 2021, approximately 17.9 million people annually lead to death which is followed by cancers (9.3 million), respiratory diseases (4.1 million), and diabetes (1.5 million).
Bone and joint health supplements market is anticipated to grow at a considerable CAGR of 8.3% during the forecast period. The rising number of patients with osteoporosis and rheumatoid arthritis is becoming a pressing concern for an increasing number of consumers. Furthermore, the growing aging population is leading to a substantial push to the market. Arthritis is no longer just a problem for elderly people as the number of sufferers of the disease among members of younger generations has grown gradually in recent years.
Image-guided therapy systems market is anticipated to grow at a significant CAGR of 5.4% during the forecast period. The increasing use of radiotherapy to treat patients with cancer and the increasing several initiatives that are undertaken to promote cancer radiotherapy are factors that are contributing to the positive growth of the image-guided therapy systems market.
Infectious disease diagnostics market is anticipated to grow at a significant CAGR of 5.9% during the forecast period. Infectious diseases are diseases caused by microscopic organisms including bacteria, viruses, parasites, and fungi. The organisms enter the body, multiply and cause symptoms ranging from mild to severe, including death. According to WHO, At least 169 severe hepatitis cases have been identified in children in an outbreak that involves 12 countries. Further in July 2022, WHO declared monkeypox a global health emergency.
Track and trace solutions market is anticipated to grow at a significant CAGR of 16.5% during the forecast period. The key factors that are contributing to the market growth include favorable government intervention and stringent regulations and criteria for serialization implementation. Governments across the globe are working on various amendments and to approve specific laws for the implementation of serialization to ensure supply chain efficiency.
Femtech market is anticipated to grow at a significant CAGR of 8.5% during the forecast period. The key factors that are attributed to the growth of the market are the increased burden of lifestyle diseases and increased access to remote areas are driving the market growth. Across the globe, women are facing various condition that includes reproductive disease coupled with a high risk of developing metabolic syndrome, changing lifestyle habits, mental health, and various other chronic diseases has increased concern of health conditions.
Dental diamond burs market is anticipated to grow at a CAGR of 7.5% during the forecast period. The market growth is being driven by major factors such as the rising prevalence of dental diseases, the rising geriatric population, and advancements in dental treatment. The most prevalent oral diseases include caries and periodontal disease which are mainly caused by poor oral hygiene, especially in the geriatric population. The Global Burden of Disease Study 2019 estimated that oral diseases affect close to 3.5 billion people globally, with caries of permanent teeth being the most common condition.
Bioprocess container market is anticipated to grow at a CAGR of 14.0% during the forecast period. Bioprocess containers are containers utilized for critical sterile liquid-handling applications in the biopharmaceutical industry. The volume capacity of bioprocess containers available on the market can range from 50mL to 10,000L. Large volume flexible container systems are often used as alternatives to traditional stainless steel bioprocessing systems. Small volume flexible containers are increasingly used as a replacement for glass or rigid plastic containers which are widely used for applications such as sampling and storage.
Stem cell therapy market is anticipated to grow at a CAGR of 15.8% during the forecast period. The rising stem cell research activities and increasing approvals of GMP-certified facilities to manufacture stem cells are key factors driving the market. The rise in the demand for induced pluripotent stem cells (iPSCs) as an alternative to embryonic stem cells (ESCs) and the growing demand for cell & gene therapies are further expected to promote market growth. Stem cell therapy is a form of regenerative medicine designed to repair damaged cells within the body by reducing inflammation and modulating the immune system.
Bioanalytical testing services market is anticipated to grow at a CAGR of 10.6% during the forecast period. Bioanalytics is an important tool in drug discovery and development for analysing the concentration of drugs and their metabolites as well as various pharmacodynamic biomarkers in biological fluids. Bioanalytical testing services are used to measure the levels of various biomolecules in the sample. These tests are often used to diagnose and monitor diseases, and to evaluate the effectiveness of treatments.
Enteric disease testing market is anticipated to grow at a CAGR of 3.2% during the forecast period. Enteric diseases are caused by micro-organisms such as bacteria, viruses, and parasites that cause intestinal illness. These are caused mainly by consuming contaminated food or water or by contact with animals or their environments. The rising incidence of enteric diseases across the globe is resulting increasing demand for enteric disease testing. For instance, according to World Health Organisation (WHO), each year around 1.3 to 4 million peoples gets cholera and around 21,000 to 143,000 peoples die due to cholera across the globe, it is an acute diarrhoeal disease that can kill within hours if left untreated.
Central nervous system therapeutic (CNS) market is anticipated to grow at a CAGR of 7.5% during the forecast period. Central nervous system disorder is a neurological disease that directly affects the functioning of the brain or spinal cord and other body parts. Stroke, Alzheimer's Disease, spinal cord disorders, and Parkinson's disease are some common central nervous system disorders. The rising prevalence of Parkinson’s disease across the globe is contributing to the growth of the global central nervous system therapeutics market.
Rabies immunoglobulin market is anticipated to grow at a significant CAGR of 6.1 % during the forecast period. Rabies is a fatal disease although preventable viral disease. It can spread to people and pets if they are bitten or scratched by a rabid animal. In the US, rabies is mostly found in wild animals such as bats, raccoons, skunks, and foxes. However, in many other countries dogs still carry rabies, and most rabies deaths in people across the globe are caused by dog bites. The increasing prevalence of rabies is expected to drive the rabies immunoglobulin market during the forecast period.
Emergency medical services market is anticipated to grow at a considerable CAGR of 5.5% during the forecast period. The key factor contributing to the growth of the market is an increase in healthcare expenditure and a growth in several hospitals. With an increasing number of road accidents across the globe coupled with the urgency of treating patients, the demand for emergency medical services market has gained traction. For instance, in June 2022, as per the report published by World Health Organization (WHO), each year approximately 1.3 million people die as a result of a road traffic crash.
blood glucose monitoring systems market is expected to grow at a CAGR of 6.5% during the forecast period. According to the World Health Organization (WHO), nearly 422 million people are suffering from diabetes across the globe. Diabetes is a chronic disease characterized by elevated levels of blood glucose, which leads over time to serious damage to the heart, blood vessels, eyes, kidneys and nerves. The blood glucose monitoring system allows patients to monitor the effects of medicines and identify the range of blood sugar level.
The global menstrual cup market is anticipated to grow at a significant CAGR of 6.5% during the forecast period. The key factors that are contributing to the market growth are as pads and tampons generate a lot of waste and these pads and tampons are not inaccessible and unaffordable for many individuals which in turn is creating demand for the menstrual cups market. Moreover, menstrual cups are made up of medical silicone, and they last up to 10 years on one-time purchase owing to their longer life span they are not much costly also.
The global ambulatory EHR market is anticipated to grow at a significant CAGR of 5.5% during the forecast period. Ambulatory electronic health records is a software designed for storing and managing outpatient history. The software assists healthcare professionals to access patients' complete medical history and storing confidential information related to demographics, immunizations, and laboratory data. According to National Center for Chronic Disease Prevention and Healthcare, 6 in 10 Americans live with at least one chronic disease, such as heart disease, stroke, cancer, or diabetes.
The global healthcare technology management market is anticipated to grow at a significant CAGR of 28.3% during the forecast period. Healthcare technology management (HTM) is the field responsible for managing the selection, maintenance, and safe use of all health technology and medical equipment found in healthcare. The growing trend of digitalization and home-based services/care in healthcare and the demand for preventive healthcare is significantly growing the healthcare technology management market across the globe.
Cleanroom technologies market is anticipated to grow at a significant CAGR of 8.2% during the forecast period (2024-2031). The market growth is attributed to the growing demand for cleanroom technologies in manufacturing facilities across a range of industries. It is anticipated that cleanroom technology will be more widely used to ensure the sterility of both the finished goods and the entire manufacturing process driving the growth of the market. According to the International Society for Pharmaceutical Engineering (ISPE), Pharmaceutical cleanrooms can consume up to 15 times more energy than commercial building systems, with more than 50.0% of electricity being consumed by plant HVAC cleanroom systems. This level of energy consumption is driven by the high air change rates required to ensure the air quality of pharmaceutical production.
Nasal drug delivery market is anticipated to grow at a CAGR of 7.8% during the forecast period (2024-2031). Nasal drug delivery is gaining popularity owing to its various advantages such as rapid onset of action, easy administration, and avoidance of first-pass metabolism. This method has been particularly highlighted during the COVID-19 pandemic for its potential to deliver vaccines and respiratory treatments. Ongoing research and development efforts are focused on improving delivery efficiency and addressing unmet medical needs in this field.
The global mental health apps market is anticipated to grow at a significant CAGR of 8.5% during the forecast period. The market growth is driven by the major factors which include increasing demand for mental health apps due toincreased incidence of mental health conditions among population especially among youngsters, rise in stress levels in society, increasing drug addiction. Apart from thisinternational awareness programs being promoted by the World Health Organization (WHO), each year on mental health day and other WHO also give 24x7 support on the online platform. Moreover, changing lifestyles and rising stress levels have deteriorated health among people. Mental health apps have gained increased popularity to help individuals cope with the limitations of personal treatment, particularly during COVID-19. In addition, several companies nowadays offer employees insurance benefits under this they usually include subscriptions to top mental health apps.
The global healthcare information system market is anticipated to grow at a CAGR of 10% during the forecast period. The market growth is attributed to the increasing government initiatives and spending for providing better healthcare services. Further, growing investment by healthcare IT companies gives a boost to the growth of the healthcare information system industry. Healthcare Information System is an approach to managing information and communication systems and technology that facilitate quality patient care, innovative research, and progressive medical education.
The global healthcare cloud computing market is anticipated to grow at a CAGR of 22% during the forecast period. The robust growth of the market is due to various factors such as the rise in the adoption of cloud services across the globe and significant reforms in healthcare information technology. The demand for healthcare cloud products and services in government and private organizations is expected to create more opportunities for the market.
The global healthcare facility management market is anticipated to grow at a significant CAGR of 12.8% during the forecast period. Healthcare has become one of the fast-growing sectors. Thus, owing to its growth is due to the rising number of patients and healthcare expenditure by public and private players in healthcare systems. According to the Centers for Medicare & Medicaid Services (CMS), in 2020, the US health care spending grew 9.7%, reaching $4.1 trillion and a total of $12,530 per person. Additionally, healthcare spending accounted for 19.7% of the nation's Gross Domestic Product. Furthermore, according to World Health Organization (WHO), the global healthcare expenditure was 9.856% of the world’s GDP in 2018.
The global ostomy deodorant market is anticipated to grow at a significant CAGR during the forecast period. Ostomy is a surgical procedure that involves the removal of the diseased portion of the gastrointestinal urinary system and creating an opening in the abdominal wall for an external diversion of faeces and urine. It can be a temporary or a permanent solution and each procedure results in a stoma.
The global soft filler market is anticipated to grow at a significant CAGR of 9.7% during the forecast period. During the forecast period, the soft filler market will progress due to an expanding network of healthcare facilities offering advanced aesthetic treatments and improved infrastructure. In recent years, both developed and developing countries have seen a significant increase in the number of facilities such as clinics, medical spas, and rejuvenation centers. Thus, the rapid adoption of various non-invasive treatments provided by these facilities will propel industry growth due to benefits such as cost-effectiveness and shorter treatment duration. Furthermore, an increasing number of skilled professionals such as dermatologists and plastic surgeons will contribute to the industry's growth.
The global disabled fitness platform market is anticipated to grow at a significant CAGR of 21.3 % during the forecast period. The growing trend of online fitness classes among people with disabilities is driving the market growth. People with various disabilities types such as hearing, vision, and others are shifting on the online fitness platforms for their convenience is another factor fueling the market growth. For instance, Kakana launched in October 2021, Kakana offers inclusive exercise classes for disabled and non-disabled people. It has live and on-demand workout sessions in strength, meditation, yoga, stretching, cardio, and cross-cycling.
The global pyrogen testing market is anticipated to grow at a significant CAGR of around 8.5% during the forecast period. Pyrogen testing helps in determining the presence or absence of pyrogen in parenteral medicines, and it is governed by several organizations that include, the United States Pharmacopeia (USP), the Food and Drug Administration (FDA), and European Pharmacopoeia (EP). The rising R&D expenditure is propelling the market growth. As per the information provided by the European Federation of Pharmaceutical Industries and Associations (EFPIA) report in 2019, alone in Europe, the pharmaceutical industry invested around $4.2billion in R&D and on life science in 2018.
The global automatic pill dispenser market is anticipated to grow at a significant CAGR of 8% during the forecast period. The rising incidences of various chronic illnesses such as Alzheimer and osteoarthritis is a prospective driver for the growth of the global automatic pill dispenser market. Remembering to take right medication on right time every day is huge concern for people living with condition such as Alzheimer’s disease or dementia. Especially seniors who live alone and find it difficult to take right medication due to complex medication regimens might benefit from using an automatic pill dispenser.
The global Digital Healthcare market is anticipated to grow at a significant CAGR of 16.6 % during the forecast period. Digital Health, including healthcare informatics, has a profound impact on the quality of care and efficiency of healthcare delivery. The improving quality, accessibility, and affordability of healthcare via digital are positively impacting the digital health market over the forecast. Furthermore, the advancement of digital health & taking steps towards digital health is another major factor propelling the growth of the market. For instance, in September 2020, the U.S. Food and Drug Administration announced the launching of the Digital Health Center of Excellence within the Center for Devices and Radiological Health (CDRH)
The global gastrointestinal stent market is anticipated to be at a considerable CAGR of 5.5%. A gastrointestinal stent is mainly used for recanalization or sealing any part in the gastrointestinal passage. The stent is inserted in the GI passage into an artery or bile duct which opens up any previously blocked passage. This medical procedure of placing a stent is known as stenting. It is mainly used to treat any blockage in the GI part of the body. Obstructed cancer in the esophagus can be treated by passing stent into the esophageal tract. The esophageal tube act as a feeding tube for the tumour which was passed through the mouth or nose. With passing time and further technical developments, the endoscope is used with silicone material for easy handling as there are chances of perforation.
The global botanical drug market is anticipated to grow at a significant CAGR of 9.2% during the forecast period. Botanical medications are made from natural sources, such as plants, and supporting in boosting the immune system, and providing soothing effect to the body. The presence of large levels of bioactive components in medicinal plants aids in the quick treatment of chronic ailments. With the growing demand for traditional medicines coupled up with their several benefits has positively impacted the demand for botanical drug. Additionally, the higher inclination of people towards the usage of herbal medicines for health and wellness is also supporting the market growth due to adverse side effects of synthetic drugs.
The global adaptogen market is anticipated to grow at a considerable CAGR of 8.8% during the forecast period. The factor which can be seen as a driving pull to the growing demand foradaptogen market is growing awareness of consumers towards more healthy clean food. Consumers are nowadays getting more attracted towards organic and pure consumables. Health benefits are the primary reason that adaptogens are used in food and beverages industry. Adaptogens are used in the personal care and cosmetics sector as a mixture of personal care products which is helps in reversing the biological aging process.
The global 3D printing in the healthcare market is anticipated to grow at a significant CAGR during the forecast period (2022-2028). 3D printing is also known as additive manufacturing. It is a process of making dimensional solid objects in healthcare industries. The creation of a 3D printed object is achieved using additive processes and is created by laying down successive layers of material until the object is created.
The global Anti-Aging Cosmetics market is anticipated to grow at a considerable CAGR during the forecast period. The factor which can be seen as a driving pull to the growing demand for these anti-aging cosmetics is that the consumers are aware about skin problems which occur by growing age such as wrinkles, fine lines and dullness of skin. Apart from this reasons, growing pollution and bad lifestyle are causing a threat to skin care. Alcohol consumption deteriorates natural glow of the skin. Exposure to air pollution and UV rays make skin texture dull which ultimately leads to bad skin health. Market players in this segment are providing a variety of skin care options through which consumers can get professional medical treatment for skin rejuvenation.
The global market for tendonitis treatment market is projected to have a considerable CAGR of around 2.6% during the forecast period. Tendonitis is an acute chronic condition when tendons get irritated and inflamed. This inflammation from tendonitis can cause various issues such as mobility loss and pain, decreased muscle strength from where the tendon arises. The market is anticipated to grow due to several factors including increased prevalence of tendonitis as a result of the aging population, sports, and occupational work injuries, and sudden injuries caused by physical activity and trauma.
The weight reduction medicine market is anticipated to grow from rate of growth during the forecast period. Weight reduction medicine market is anticipated to grow in the coming years as people are facing obesity issues which is an alarming situation for them. According to WHO, 39% of people in the world above the age of 18 are overweight. Obesity is leading to further health issues like high blood pressure, diabetes, hypertension, and cardiac diseases. It is seen that consumers are getting conscious about their health and are focusing on maintaining a healthy diet chart and getting rid of obesity, which is turn creating a significant scope for the weight reduction medicines.
The global halquinol market is anticipated to grow at a significant CAGR 7.7% during the forecast period (2022-2028). Halquinol is an antimicrobial compound. It belongs to the hydroxyl-quinolines group which is a combination of 5-Chloro-8-hydroxyquinoline, 5,7-Dichloro-8-hydroxyquinoline. 7-Chloro-8-hydroxyquinoline. Additionally, it exerts its antibacterial activity in the digestive tract when taken orally. The major factor driving the demand for the global halquinol market during the forecast period is the increasing adoption of halquinol over conventional antibiotics. across the globe.
The global glycosylated hemoglobin and c peptide market is anticipated to grow at a considerable CAGR during the forecast period. Glycosylated hemoglobin is used to evaluate the recent blood glucose level in patients who are suffering from diabetes. It is not used to measure the fluctuation of blood glucose in patients. An increase in the blood glucose level of people who have diabetes is directly related to the decline of islet function. In the case of type 1 diabetes, the fluctuation in blood glucose level can be seen by the GA/HBA1C ratio and it is considered much more convenient than MAGE. For patients who have a low C peptide level, their GA/HBA1 C ratio is high than those patients who have their C peptide level high.
The global stem cell source market is anticipated to grow at a significant CAGR of 15.5% during the forecast period. The increasing prevalence of chronic diseases aided the growth of the stem cell therapy market. Long working hours, insufficient physical activity, and unhealthy eating and drinking habits all contributes to the prevalence of chronic diseases, driving the need for stem cell therapy. According to a United Nations article, the proportion of global deaths caused by chronic diseases is expected to rise to 70% of total deaths by 2030. The global burden of chronic diseases is expected to be around 60% in upcoming years.
The global soft tissue fillers market is expected to grow at a significant CAGR 7.7% during the forecast period (2022-2028). Soft tissue fillers are substances that plump up the skin or the tissue beneath it – are used to smooth out wrinkles that emerge as the skin's collagen and elastin fibres break down. Aging, excessive squinting, frowning, smiling, and, especially, smoking are all factors that contribute to this breakdown. Fillers can also be used to replace volume lost due to ageing or weight reduction.
The global rare disease drug market is anticipated to grow at a significant CAGR of 11.4% during the forecast period. The rising prevalence of rare diseases and their implications for healthcare spending have boosted demand for specialized treatments, leading to growth in the rare disease drug market. In addition, as product development continues, new technologies for diagnosing uncommon genetic illnesses are becoming more available which is supporting the growth of the market. Furthermore, favorable government policies aimed at raising awareness about the treatment of rare diseases are leading to an increase in the use of effective medicines for uncommon disorders. However, limited understanding of pathology and progression is acting as a restraining factor to the growth of the market.
The global probiotic powder market is expected to grow at a significant CAGR 6.8% during the forecast period (2022-2028). When consumed in sufficient amounts, probiotics have beneficial effects on the body, including better gut health and reduced intestinal inflammation. Probiotics are important in preventive healthcare as they improve the immune system, which supports to prevent disease. The probiotics powder market is driven by consumer demand for health-related products, particularly among the younger population. Functional foods and beverages contain probiotics. Probiotic usage increased exponentially in 2020, according to a survey done by Natural Marketing Institute in May 2020.
Global Omega product market is anticipated to grow by 2028 at a CAGR of 7.9%. The factor which can be seen as a driving pull to the growing demand for omega products is growing awareness of consumers towards more healthy clean foods. Consumers are nowadays getting more attracted towards organic and pure consumables. Consumer awareness among people for building more immunity after the covid-19 pandemic is also seen as a major driver for this market. With changing times, gut problems are also arising in major populations, and omega products are seen to benefit in medical conditions related to the stomach such as Inflammatory bowel syndrome. Another driver for this market is the use of omega in animal and fish foods.
The global human immunoglobulin market is anticipated to grow at a significant CAGR of 6.4% during the forecast period. Hypogammaglobulinemia is considered a problem with the immune system that prevents it from making enough antibodies that are known as immunoglobulins. So, a large increase in the prevalence of hypogammaglobulinemia disorders around the globe is a considered major factor that is driving the growth of the market. Additionally, COVID-19 infection is common in cancer patients, especially those with hematologic malignancies.
The global herbal oil market is expected to grow at a significant CAGR 6% during the forecast period (2022-2028). Manufacturers are shifting their attention from synthetic to natural products as consumer awareness of natural and herbal personal care products has grown, which in turn, is driving the growth of the market. Due to changing consumer lifestyles, a plethora of factors, such as growing awareness of the benefits of natural products, consumer focus on health and wellbeing, and millennial trends are some factors contributing to the market growth.
The global gluten-free probiotics market is expected to grow at a significant CAGR 5.5% during the forecast period (2022-2028). Gluten is a protein that can be found in plants including wheat, rye, and barley. Gluten-intolerant people can switch to a gluten-free diet, which often includes beans, fresh meats, fresh eggs, fish, poultry, fruits and vegetables, as well as most dairy products. Furthermore, some grains and starches can be included in a gluten-free diet. A gluten-free probiotic aids in the proper functioning of digestive system. Most common digestive issues can be alleviated by taking a gluten-free probiotic supplement on a daily basis among people with gluten intolerance. One of the top benefits of gluten-free probiotics for women is improved vaginal health.
The global anti-acne cosmetics market is expected to grow at a significant CAGR during the forecast period (2021-2027). Acne is a common skin condition that results in lesions known as zits or pimples. Acne vulgaris is the most frequent type of skin issue among adolescents. Whiteheads, blackheads, pimples, and other acne-related lesions can be treated with anti-acne cosmetics. Although acne cannot be treated, anti-acne cosmetics can support clear the skin and reduce the risk of scarring or scars. The goal of treating common acne is to minimize skin inflammation and prevent new pimples from emerging. Moisturizers, anti-acne skin care facial cleansers, emulsion, masks, toners, and spot therapy are among the cosmetics available.
The global resection guides market is anticipated to grow at a significant CAGR 5.3% during the forecast period (2022-2028). Resection is the medical term used for surgically removing a part or all of a tissue, structure or organ and is performed for a wide variety of reasons. It may remove a tissue that is cancerous or diseased. The surgery may treat or cure a disease process. The major factor driving the demand for resection guides is the rising number of surgeries across the globe.
The global oral dissolvable films market is anticipated to grow at a significant CAGR 8.9% during the forecast period (2023-2030). Orally dissolving films (ODFs) are also known as oral thin films. It provides a quick release of an active pharmaceutical ingredient (API) when placed on the tongue without the intake of water and is used as an alternative to orally disintegrating tablets. It is a kind of drug delivery system. The major factor driving the demand for oral dissolvable films is the new product launches and approvals across the globe.
The global meniscal rasps market is anticipated to grow at a significant CAGR 8.7% during the forecast period (2022-2028). Meniscal rasps provide the additional benefit of reduced healing time and plays important role in arthroscopic surgery of the knee involving meniscal tear. Arthroscopic surgeries that involve meniscal rasps are minimally invasive surgery. Hence, they are preferred as curative treatment of meniscal tears due to less healing time. The market is growing due to the increasing awareness about the benefits of meniscal rasps in arthroscopic surgeries as well as significant efforts by the key manufacturers in the global meniscal rasps market.
The global coronary guidewires market is anticipated to grow at a significant CAGR 5.9% during the forecast period (2022-2028). Coronary guidewires are specialized pieces of equipment. They are used to deliver therapies to diseased areas of the coronary arterial system. These guidewires have the properties of steerability, traceability, flexibility and are used in minimally invasive surgeries. The major factor driving the demand for coronary guidewires is the rising number of minimally invasive surgeries along with the increasing prevalence of cardiovascular diseases (CVDs) across the globe.
The global radiation injury drugs market is anticipated to grow at a significant CAGR 4.5% during the forecast period (2022-2028). Radiation injury is defined as the damage of tissues due to exposure of ionizing radiation. The ionizing radiation given in large dose may injure the healthy human cells and even result in acute illness leading to decrease in the production of blood cells and harm the gastrointestinal tract. It also results in the damage to cardiovascular health, blood vessels, brain and especially skin. The major factor attributable to the market growth include the high prevalence of cancer patients globally who further opt for the radiation therapy.
The global flexible spinal implants market is expected to grow at a significant CAGR of 4.8% during the forecast period. The spine problems caused due to aging in old-age people are expected to be the reason for the demand for spinal implants devices. According to United Nation reports, there were 703 million persons aged more than 65 years and the projected number of old-age people is expected to get double to 1.5 billion by 2050. The spinal implants make it easier for old age people to recover from damages and problems caused due to weakening of the spine with age.
The global eye health ingredients market is expected to grow at a significant CAGR 7% during the forecast period (2022-2028). The market has been growing in recent years, as the world's population has gotten older, and consumers have been more interested in nutrition-based age-related disease prevention. The carotenoids lutein and zeaxanthin, which are found in the inner region of the retina (the macula) and protect the eye from UV damage, are often utilized in eye health products. However, there are hundreds of other carotenoids found in nature that, while not found in the eye, have been shown to be beneficial to eye health in studies.
The global eye care supplements market is expected to grow at a significant CAGR 6.3% during the forecast period (2022-2028). The market is being driven by a growing senior population, increased exposure to blue light, and an increase in the prevalence of various vision problems such as macular degeneration, refractive errors, cataracts, inflammation, diabetic retinopathy, corneal opacity, trachoma, and dry eye syndrome. According to the World Health Organization, 2.2 billion individuals worldwide were affected by visual impairments or blindness in 2019, with 1 billion having moderate to severe distance vision impairment. Most of these vision impairments are due to uncorrected refractive errors (123.7 million) and cataract (65.2 million).
The global erythropoietin drugs market is expected to grow at a significant CAGR 9.5% during the forecast period (2022-2028). Hematopoietin medications are also known as erythropoietin drugs. It's a glycoprotein hormone that controls erythropoiesis, or RBC creation. They are used to treat a variety of illnesses, including cancer, chronic kidney disease, AIDS, anaemia, and many more. When one or more of these factors are present, erythropoietin medications may fail to achieve an effective therapeutic response. Vitamin B12 or folate deficit, occult blood loss and/or iron deficiency Infection and inflammation are two terms used interchangeably.
The global dental wax market is anticipated to grow at a CAGR of 4.73% during the forecast period 2022-2028. As dental wax is a mixture of different types synthetic used for casting, sizing, and mapping it is extensively used in the treatment of dental. The influence of media and the fashion industry on rising dental aesthetics demand and increasing awareness is increasing the growth of the dental market. There are several of wax used in dental treatment. Self-setting dental waxes are used for the purpose of mapping dental structures during the manufacturing of dental caps. Softer dental waxes are used to get relief from the discomfort caused by braces, wires, etc. Dental wax takes a long time to heal due to their tissue softening effect and this makes it difficult of the natural hardening tissue process which in turn may hamper the demand for the dental.
The dental adhesive market is expected to grow at a significant CAGR of 6.0% during the forecast period. A dental adhesive is a water-soluble, non-toxic material used to apply to gums and dentures to hold them in place. Dental adhesives are available in different forms such as powder and cream and are typically used with traditional dentures. The reason behind the growth of the market is the increasing geriatric population having conditions such as dry mouth (xerostomia), periodontitis, root, and coronal caries, unhealthy food habits in the young population, and other factors.
The global granulocyte macrophage colony stimulating factor market is anticipated to grow at a significant CAGR 10.8% during the forecast period (2022-2028). Granulocyte macrophage colony-stimulating factor, also called as CSF2 (colony stimulating factor 2), is a monomeric glycoprotein released by usual killer cells, T cells, mast cells, macrophages, fibroblasts, and endothelial cells that acts as a cytokine. The COVID-19 pandemic has significantly affected the global granulocyte macrophage colony stimulating factor market.
The global inhalation and nasal spray generic drugs market is expected to grow at a significant CAGR of around 7.9% during the forecast years. Changing the environment can be expected to be the driver of growth in the market. As, these inhalation and nasal spray drugs are used for the treatment of runny, stuffy, itchy nose, sneezing, watery eyes, and many other allergy problems people face due to the continuous changing of environment. People nowadays are exposed to too much dirt which can cause these allergy problems increasing demand for these nasal and inhalation sprays to treat their allergies. For instance, there are several antihistamine and decongestant nasal sprays including Dymista Afrin, Vicks Sinex, Astelin, Astepro, and Many others.
The global telomerase reverse transcriptase market is anticipated to grow at a significant CAGR 3.1% during the forecast period (2022-2028). Telomerase is an enzyme that is vital for the aging of the cells. It has been a promising tool in biotechnology to treat cancer. Telomeres are made of repetitive sequences of non-coding DNA that protect the chromosome from damage. Each time a cell divides, the telomeres become shorter. Eventually, the telomeres become so short that the cell can no longer divide. Telomerase reverse transcriptase is a product of recombinant DNA technology which is formulated to treat major forms of cancers such as ovarian cancer, lung cancer, and breast cancer.
The global polyclonal antibody market is anticipated to grow at a significant CAGR 5.1% during the forecast period (2022-2028). These antibodies are defined as a composition of a mixture of antibodies that correspond to the natural immune response to an antigen and are highly used in general research applications. The major factor attributable to the market growth includes the increasing application of polyclonal antibody in various research applications. Adding to this, the rising incidence of cancer backed by the significant rise in awareness campaigns and research funding on cancer, is likely to boost further use of polyclonal antibodies in the disease treatment.
The global plasma thromboplastin antecedent market is anticipated to grow at a significant CAGR 4.9% during the forecast period (2022-2028). Plasma thromboplastin antecedent is a clotting factor whose absence is associated with a form of hemophilia coagulation factor (whose deficiency results in a hemorrhagic tendency). The major factor attributable to the market growth includes the rising prevalence of CVD, thrombosis, infectious disease, and other diseases globally. Among these, the growing global population suffering from CVD illnesses is the primary factor for the increased market growth. Globally, almost 15 million people suffer from heart attacks or similar issues, according to the World Heart Federation. In the US, one person dies from cardiovascular disease every 36 seconds.
The global lysosomal alpha glucosidase market is anticipated to grow at a significant CAGR 3.5% during the forecast period (2022-2028). Lysosomal alpha glucosidase is termed as a recombinant enzyme used to treat lysosomal storage disorder known as Pompe disease (which is also known by the name acid maltase deficiency or glycogen storage disease type II). Pompe disease is perceived as an inherited fatal muscular myopathy disorder caused due to the glycogen build-up in the body cells such as in cardiac, smooth, and skeletal muscle cells. The disease is further characterized by the absence and in some cases, deficiency of the lysosomal enzyme alpha-glucosidase.
The global islet amyloid polypeptide market is anticipated to grow at a significant CAGR 2.4% during the forecast period (2022-2028). The islet amyloid polypeptide (or commonly known as amylin) is a type of hormone that plays a key role in glucose homeostasis though it aggregates to form islet amyloid in type-2 diabetes. Its formation contributes to ß-cell dysfunction and death due to the disease and to the failure of islet transplants. Clinical trials show a role for islet amyloid polypeptide aggregation in cardio related complications of type-2 diabetes and further highlights a possible role in type-1 diabetes.
The global glycogen synthase kinase 3 beta market is anticipated to grow at a significant CAGR 1.9% during the forecast period (2022-2028). Glycogen synthase kinase 3, or GSK-3 refers to a serine/threonine, proline-directed kinase that is associated with a diverse array of signaling pathways, which includes cellular adhesion and glycogen synthesis. The compounds derived from natural sources come mainly from plants or marine organisms, and include Indirubin, Hymenialdisine, Meridianins, Manzamines, Palinurin, and Tricantin. Another promising opportunity for the market growth includes the favorable outcome of the glycogen synthase kinase 3 beta in the treatment of bipolar disorder.
The global glucosylceramidase market is anticipated to grow at a significant CAGR 2.9% during the forecast period (2022-2028). Glucosylceramidase belongs to the genus of hydrolases that catalyze the hydrolysis of glucocerebroside resulting in to glucose and ceramide, that is a normal decomposition pathway for membrane lipids. If Beta-glucocerebrosidase enzyme activity is compromised, this leads to the accumulation of lipid glucocerebroside in tissue macrophages (Gaucher cells).
The global flunarizine hydrochloride market is anticipated to grow at considerable CAGR during the forecast period (2022-2028). Flunarizine hydrochloride is a calcium antagonist that works to prevent or reduce migraine migraines. This medication is used to treat vertigo and dizziness. Flunarizine hydrochloride market growth is fueled by rising migraine prevalence, increased intake of junk food, smoking and drinking, and a hectic and stressful lifestyle that leads to migraines. Further, the calcium channel, voltage-gated subunit beta-type (CACNB) gene is studied using flunarizine hydrochloride in research. Flunarizine inhibits the translation of CACNB mRNA, lowering the protein's expression.
The global beta nerve growth factor market is anticipated to grow at a significant CAGR 5.9% during the forecast period (2022-2028). NGF beta protein or the nerve growth factor is mainly involved with the maintenance, growth and proliferation of particular target growth neurons. The market growth is majorly attributed to the promising opportunities of clinical use of beta nerve growth factor in Alzheimer’s disease, and Parkinson’s disease patients as well as in peripheral neuropathies. The nerve growth factor is a neurotrophic growth factor called neutrophin which supports growth and elasticity of neurons of the peripheral and central nervous system.
The global tyrosine protein kinase Fyn market is anticipated to grow at a significant CAGR 2.7% during the forecast period (2022-2028). Tyrosine-protein kinase Fyn is a non-receptor tyrosine. It plays an important role in the learning and memory of both animal models and human beings and is also responsible for other psychological disorders or mental problems such as schizophrenia, bipolar disorder, and depression, among others. The major factor driving the growth of the market is the increasing prevalence of breast cncer across the globe.
The global T lymphocyte activation antigen CD80 market is anticipated to grow at a significant CAGR 3.3% during the forecast period (2022-2028). CD80 is a costimulatory molecule that is known for its role in T-cell activation. It also regulates the activity of normal and malignant B cells. The major factor driving the demand for T lymphocyte activation antigen CD80 is the increasing prevalence of acute myelocytic leukemia (AML) across the globe. According to the American Society of Clinical Oncology (ASCO), AML is uncommon and makes up about 1% of cancers. Additionally, in 2021, an estimated 20,240 people of all ages which include 11,230 men and boys and 9,010 women and girls was diagnosed with AML in the US.
The global T cell surface glycoprotein CD market is anticipated to grow at a significant CAGR during the forecast period (2022-2028).T cell surface glycoprotein CD is a type of protein that is found in the human body. It plays an important role in immune system responses which are made by the body. It is mainly present on the surface of T lymphocyte cells. When the T cell receptor is activated by antigen cells, CD3 chains mediate TCR-mediated signals that are transmitted across the cell membrane.
The global post polycythemia vera myelofibrosis (PPV MF) market is expected to grow at a significant CAGR of 9.1% during the forecast period. The main factors that drive the PPV MF market are due to increasing incidence rates and a rise in awareness among the masses about PPV-MF diagnosis, increasing demand for newer treatment options with better efficacy and safety profile, and growing adoption of immunotherapy across various countries globally. Moreover, the growing adoption of the immunotherapy sector across the globe, and booming biotechnology across various countries will also boost the PPV MF market during the forecast period.
The global myoglobin market is anticipated to grow at a significant CAGR of 4.4% during the forecast period. The increased number of patients undergoing cardiac surgery, and growing knowledge of myoglobin's utility as an accurate indication of left ventricular wall thickening, drove demand for myoglobin reagents (LVWT) supporting the market. Myoglobin reagents are substances that are used to determine the amount of myoglobin in blood and urine samples. These tests are usually conducted on individuals who have recently had cardiac surgery or other injuries that resulted in internal bleeding that caused myoglobin to be released from muscle cells.
The global hepatitis A virus cellular receptor 2 market is anticipated to grow at a significant CAGR during the forecast period (2021-2027). Hepatitis A virus cellular receptor 2 (HAVCR2) is also known as T-cell immunoglobulin and mucin-domain containing-3 (TIM-3). It is a protein that is encoded by the HAVCR2 (TIM-3)gene in humans. The major factor driving the demand for the global hepatitis A virus cellular receptor 2 market is the increasing prevalence of colon cancer across the globe.
The global bispecific antibodies market is anticipated to grow at a significant CAGR during the forecast period (2021-2027). The major factor attributed to the market growth includes the rising prevalence of cancer all over the globe. Presently, there are above 300 drug candidates available for the bispecific antibodies for cancer. Majority of these drug candidates are in their pre-clinical or clinical trial stages. Various medical technology providers and drug developers operating within the global bispecific antibodies for cancer market have entered into strategic collaborations together by signing numerous licensing agreements.
The global B cell lymphoma-2 (BCL-2) inhibitors market is anticipated to grow at a significant CAGR during the forecast period (2021-2027). B cell lymphoma is termed as a protein encoding gene of the B cell lymphoma family. There have been various inhibitor drugs that are approved in the market which is further likely to spur the market growth. For instance, Venetoclax is the only and fist approved FDA BCL-2 inhibitor drug for chronic lymphocytic lymphoma patients. Although various clinical trials are being carried out for the development of new BCL-2 inhibitors.
The global adrenocorticotropic hormone receptor market is anticipated to grow at a significant CAGR during the forecast period (2021-2027). The adrenocorticotropic hormone receptor is a G-protein coupled receptor. This receptor plays a pivotal role in the regulation of glucocorticoid synthesis and secretion by cortisol which is produced from cholesterol through the adrenal gland. The binding of adrenocorticotropic hormone to its receptor stimulates adenylate cyclase, which results in increased levels of cAMP that promote steroidogenesis.
The global T-cell specific surface glycoprotein CD28 market is anticipated to grow at a significant CAGR during the forecast period (2021-2027). CD28 is a glycoprotein of 90 kDa and occurs naturally as a disulfide-linked homodimer of a polypeptide that contains a single Ig-like extracellular domain. Additionally, it is a member of the Ig superfamily and is expressed on T cells that provide co-stimulatory signals which are required for T cell activation and survival. Furthermore, it acts as a major costimulation pathway for naive T-cell activation while playing a central role in immune responses against pathogens, autoimmune diseases, and graft rejection.
During the forecast period, the globalmelanocyte protein PMEL market is expected to rise at a considerable CAGR (2022-2028). Premelanosome protein (PMEL) or silver locus protein homolog is another name for Melanocyte Protein PMEL (SILV). The PMEL gene in humans is responsible for encoding this protein. Melanocyte protein is essential for the formation of melanosomes. The increased prevalence of melanoma around the world is a primary factor driving the market's rise. According to the American Cancer Society, in 2022, an estimated 99,780 new melanomas will be diagnosed globally. Out of which about 57,180 new cases will be diagnosed in men and 42,600 in women.
The global indoleamine 2,3 dioxygenase 1 market is anticipated to grow at a substantial CAGR during the forecast period. Indoleamine 2,3 dioxygenase 1 (IDO) is an enzyme that catalyzes the degradation of the essential amino acid tryptophan in many types of cells including dendritic cells (DCs), which has been proposed to be an authentic regulator of immune responses. The heme enzyme in indoleamine 2,3 dioxygenase 1 (IDO1) catalyzes the oxidation of L-tryptophan, which is the first step of the kynurenine pathway. IDO1 is widely being used for cancer immune escape and overexpression of IDO1 has been linked to poor prognosis in many malignancies.
The global high-affinity nerve growth factor receptor market is anticipated to grow at a significant CAGR of 5.4% during the forecast period 2022-2028. Nerve growth factor (NGF) is a protein that resembles insulin. The rising prevalence of cancer around the globe is a primary factor driving market expansion. For instance, as per the information provided by the American Cancer Society, Inc., the estimated numbers of new cancer cases diagnosed were around 1.8 million and deaths in the US were nearly 606,520 in 2020.
The global transmembrane prolyl 4 hydroxylase market is anticipated to grow at a significant CAGR during the forecast period (2021-2027). Transmembrane prolyl 4-hydroxylase (P4H-TM) is a member of the P4H family. Additionally, biallelic loss of function P4H-TM mutations causes a syndromic form of severe cognitive impairment in humans. The major factor driving the demand for transmembrane prolyl 4 hydroxylase market is the increasing prevalence of colitis across the globe.
The global T cell antigen market is anticipated to grow at a significant CAGR during the forecast period (2021-2027). The T-cell receptor is a protein complex that is found on the surface of T cells or T lymphocytes. It is responsible for identifying fragments of antigen as peptides that are bound to major histocompatibility complex molecules. The major factor driving the demand for T cell antigen is the new product launches and drug approvals across the globe.
The global somatostatin receptor type market is expected to grow at a considerable CAGR during the forecast years. Somatostatin is the hormone that regulates various physiological functions in the human body. Somatostatin is produced by several tissues mostly of the digestive system and nervous system. Furthermore, it also inhibits the rapid production of normal or tumor cells. One of the key factors for the growth of the market is the increasing number of cancer patients due to which demand for the somatostatin receptor type is expected to increase, as the somatostatin receptor type actively inhibits cell proliferation.
The global prostaglandin E receptor EP subtype market is anticipated to grow at a significant CAGR during the forecast period (2021-2027). The prostaglandin E receptor EP is a member of the G-protein coupled receptors. It binds to ligands such as Prostaglandin (PG)E, PGD, or PGF and plays a critical role in the modulation of inflammatory responses. The stimulation of this receptor results in inflammation while inhibition leads to anti-inflammatory effects on body tissues. The major factor attributable to the market growth includes the increasing recognition of these drugs for various medical indications coupled with the benefits they offer.
The global personal care products for maternity market is anticipated to grow at a significant CAGR during the forecast period (2021-2027). Maternity care products play an important role during and after birth. There are different kinds of maternity care items such as stretch mark minimizers, breast creams, toning, among others that provide women with efficient skincare options and enhanced physical appearance. The major factor driving the demand maternity personal care products is the rising awareness among the patients regarding the benefits of maternity care products across the globe.
The global Niemann Pick C Like protein market is anticipated to grow at a significant CAGR during the forecast period (2021-2027). Niemann-Pick C1-Like 1 (NPC1L1) is a polytopic transmembrane protein localized at the apical membrane of enterocytes and the canalicular membrane of hepatocytes. It acts as a sterol transporter to reconcile intestinal cholesterol absorption and counter-balances hepatobiliary cholesterol excretion. Generally found on the gastrointestinal tract epithelial cells as well as in hepatocytes, it appears to bind to a critical mediator of cholesterol assimilation.
The global metastatic uveal melanoma therapeutics market is anticipated to grow at a significant CAGR during the forecast period (2021-2027). Uveal melanoma is a rare intraocular tumor in adults which originates in either iris, ciliary body, or choroid. Around 50% of the people develop metastatic disease after uveal melanoma diagnosis. It metastasizes to the liver and carries poor prognosis. The market growth is attributed to the increasing prevalence of uveal melanoma cancer all over the globe.
The global intelligent pills market is anticipated to grow at a significant CAGR during the forecast period (2021-2027). Intelligent pills are essentially ingestible sensors that are swallowed and can record various physiological measures. They can also be used to confirm that a patient has taken his or her prescribed medication and can measure the effects of the medication. The pivotal factors that are likely to drive the growth of the market includes the growing need for gaining information about patient’s health parameters.
The global human rabies vaccine market is anticipated to grow at a significant CAGR during the forecast period (2021-2027). The rabies vaccine is administered to prevent rabies. There are a number of such vaccines available found to be both safe and effective. They can be used to prevent rabies before, and for a period after exposure to the rabies virus, commonly caused by a dog bite or a bat bite. The major factors attributed to the market growth include the growing number of mortalities as a result of rabies coupled with the increasing number of unvaccinated stray dogs in less economically developed development countries.
The global fluorescent in situ hybridization (FISH) testing market is anticipated to grow at a significant CAGR during the forecast period (2021-2027). The major factors which primarily include the rising prevalence of blood disorders along with the rising awareness about such disorders, and the presence of sophisticated & advanced technologies are anticipated to propel the global market growth.
The global flu shots market is anticipated to grow at a significant CAGR during the forecast period (2021-2027). The major factor that is likely to fuel the growth of the market includes an increase in the prevalence of flu epidemics and seasonal outbreaks. The viral infection which occurs due to flu in the respiratory system is referred to as influenza. The influenza virus travels through respiratory droplets and is contagious. It can also spread from one person to another while talking or due to physical contact.
The global market for Dysmenorrhea Treatment Market is projected to have a considerable CAGR of around 8.1% during the forecast period. Dysmenorrhea, also known as menstrual cramps, is cramping or throbbing pains in the lower abdomen. Dysmenorrhea affects the majority of women right before and throughout their menstrual cycles. Dysmenorrhea is of two types, that’s is primary and secondary dysmenorrhea.
The global dental crowns and bridges market is anticipated to grow at a CAGR of around 7.6% during the forecast period. Dental crowns and bridges are fixed prosthetics devices are used to restore the size, strength, and structure of teeth and are made up of ceramic or porcelain material. Dental crowns and bridges also improve the appearance of the teeth. Due to an increase in the number of edentulous populations, the application of dental crowns and bridges has surged in recent years.
The global methicillin-resistant staphylococcus aureus (MRSA) drug market is anticipated to grow at a significant CAGR during the forecast period (2021-2027). Amongst the variety of microbial flora present in human body, staphylococcus aureus, a gram-positive bacterium, is the most commonly bacteria found on the surface of skin as well as nasal passages of humans.
The global skin adhesives market is anticipated to grow at a significant CAGR during the forecast period (2021-2027). The skin adhesives are referred to as liquid cyanoacrylate monomers that act as distinct medical glues to close wounds, and thus support in their recovery. These adhesives are primarily used for minor cuts and hair-free areas of the skin. Thus, the rising adoption of such medical adhesives as apart of in-home medical care is likely to spur the market growth. Adding to this, these adhesives are also useful in the treatment of minor burn injuries as well as a few skin disease where closing wound is required.
The global poly (ADP-Ribose) polymerase (PARP) inhibitors market is anticipated to grow at a significant CAGR during the forecast period (2021-2027). Poly polymerase term is derived from PARP or the poly (adenosine diphosphate [ADP] -ribose) polymerase. It is a family of 17 enzymes that combine several (poly) units of ADP-ribose in a chain (the PAR chain) and transfers them to the target proteins. This supports to restore DNA when it is damaged. DNA can be damaged by many factors, including exposure to UV rays, radiation, some anti-cancer drugs, or other substances in the environment.
The global metastatic ovarian cancer drug market is anticipated to grow at a significant CAGR during the forecast period (2021-2027). The major factor accelerating the demand for these drugs include the growing prevalence of metastatic ovarian cancer. Ovarian cancer is the second most common gynecologic cancer in the US. The American Cancer Society (ACS) estimates that there will be nearly 19,880 women receiving a new diagnosis of ovarian cancer in the US. The current research in ovarian cancer is focused on using novel treatments such as immunotherapy, targeted therapy, and most importantly combination regimens.
The global Interleukin (IL) market is anticipated to grow at a significant CAGR during the forecast period (2021-2027). Interleukin (IL) is a group of naturally occurring proteins. They mediate communication between cells and regulate cell growth, differentiation, and motility. The major factor driving the demand for interleukin (IL) inhibitors is the increasing prevalence of cancer across the globe.
The global inclusion body myositis (IBM) market is expected to grow at a significant CAGR during the forecast period (2022-2028). Muscle weakness and damage are caused by inclusion body myositis, which is a rare condition. Progressive weakness in the muscles of the hand, forearm, thigh, and lower leg are among the symptoms of IBM; however, the symptoms vary and are not unique to this condition. Furthermore, it is estimated to be 51-139 per 1,000,000 people over the age of 50 in the general population.
The global hypoxia inducible factor alpha inhibitor market is anticipated to grow at a significant CAGR during the forecast period (2021-2027). Hypoxia-inducible factors (HIFs) are transcript factors responding to reductions in presented oxygen in the cellular environment or hypoxia. The major factor driving the growth of the market is the increasing prevalence of cancer across the globe. According to the National Cancer Institute (NCI), it was estimated that 1,806,590 new cases of cancer will be diagnosed in the US with a mortality rate of 606,520 people in 2020.
The global high mobility group protein B1 market is expected to grow at a significant CAGR during the forecast period. High mobility group box 1 (HMGB1) is a chromatin-associated protein that is not histone. It is crucial in the pathogenesis of hematopoietic malignancies. Furthermore, in leukaemia and multiple myeloma, this protein autophagy promotes chemotherapy resistance. The increasing prevalence of leukaemia globally is the one of the prominent factors, the demand for high mobility group protein B1 is increasing at rapid rate. It is estimated that, there are around 9,900 new leukaemia cases in the UK every year.
The global drugs for vancomycin resistant enterococcus faecium market is anticipated to grow at a significant CAGR during the forecast period (2021-2027). Amongst the variety of microbial flora present in human body, Staphylococcus aureus, a gram-positive bacterium, is mostly found on the skin as well as nasal passages of humans. According to the United States Department of Health (USDoH), 20% of the global population is always colonized with Staphylococcus aureus.
The global community acquired methicillin resistant market is anticipated to grow at a significant CAGR during the forecast period (2021-2027). A community-acquired infection is an infection that was present or incubating at the time of admission and was not caused by an organism acquired during previous health care. Methicillin-resistant Staphylococcus aureus (MRSA) has emerged as a key pathogen among hospitalized patients.
The global charcot marie tooth disease type 1 A drug market is anticipated to grow at a significant CAGR during the forecast period (2021-2027). Charcot-Marie-Tooth disease type 1A (CMT1A) is a type of inherited neurological disorder that affects the peripheral nerves. People with this disease experience weakness and wasting (atrophy) of the muscles of the lower legs beginning in adolescence; later they can also have hand weakness and sensory loss. While the involvement of the central nervous system in clinical phenotype of patients with charcot marie tooth disease has been reported in the past, its association with epilepsy has also been witnessed.
The global BCL-2 like protein market is anticipated to grow at a significant CAGR during the forecast period (2021-2027). BCL-2, also known as B Cell Lymphoma 2, is a protein encoding gene belonging to the B cell lymphoma family. The market growth is majorly attributable to the growth is the significant prevalence of diffuse B cell lymphoma, a common type of non-Hodgkin lymphoma. For instance, according to an article by Lymphoma Research Foundation in 2019, in the US, DLBCL accounted for 22% of new diagnosed B cell lymphoma cases. Around 18,000 people globally are diagnosed with DLBCL each year.
The global basal cell nevus syndrome drug market is anticipated to grow at a significant CAGR during the forecast period (2021-2027). Basal cell nevus syndrome is a genetic disorder that usually leads to eye related problems, skin lesions, and other issues. It is also known by the name, Beckwith-Wiedemann syndrome or Gorlin's syndrome. Basal cell nevus syndrome is caused by changes in a tumor suppressor gene, called PTCH1. This gene is located on chromosome 9. Mutations in this gene may increase the risk of some cancers.
The global alpha N acetylglucosaminidase market is anticipated to grow at a significant CAGR during the forecast period (2021-2027). Alpha N acetylglucosaminidase is a protein associated with Sanfilippo syndrome. It is an enzyme with systematic name alpha-N-acetyl-D-glucosaminide N-acetylglucosaminohydrolase. This enzyme is located in lysosomes, compartments within cells that digest and recycle different types of molecules. The major factor attributable to market growth includes the growing prevalence of Sanfilippo syndrome all over the globe.
The global tissue engineered bone market is anticipated to grow at a significant CAGR during the forecast period (2021-2027). The major factor that is expected to boost the market growth includes technological advancements in the field of 3D tissue engineering, such as replacement of embryo cells with stem cells, organ-on-a-chip technology, and use of 3D bioprinters that can efficiently design in vitro implants. Moreover, an increase in government funding for medical and academic research activities is another factor that is expected to propel the growth of the market during the forecast period.
The global phosphatidylinositol 4,5 bisphosphate 3 kinase catalytic subunit beta isoform market is anticipated to grow at a significant CAGR during the forecast period (2021-2027). This gene encodes an isoform of the catalytic subunit of phosphoinositide 3-kinase (PI3K) and is important in signalling pathways that involve receptors on the outer membrane of eukaryotic cells. The major factor driving the market growth include the rising prevalence of cancer across the globe.
The global tyrosine protein kinase SYK market is anticipated to grow at a significant CAGR during the forecast period (2021-2027). Tyrosine protein kinase SYK is also known as spleen tyrosine kinase (SYK). It is a non-receptor cytoplasmic enzyme and is primarily expressed in cells of hematopoietic lineage. It contains two adjacent SH2 domains that bind to immunoreceptor tyrosine-based activation motifs (ITAMs) to activate the enzyme. The major factor driving the growth of the market is the rising prevalence of arthritis across the globe.
The global transforming growth factor beta market is anticipated to grow at a significant CAGR during the forecast period (2021-2027). Transforming growth factor (TGF) beta is molecules that are inhibited from the TGF-beta family. It is a highly pleiotropic cytokine and plays an important role in wound healing, angiogenesis, and cancer. The major factor driving the market growth is the rising prevalence of cancer across the globe.
The global proteasome inhibitors market is anticipated to grow at a significant CAGR during the forecast period (2021-2027). Proteasomes are protein complexes that degrade unneeded or damaged proteins by proteolysis. Additionally, enzymes that support such reactions are known as proteases. Furthermore, the proteasome is a cylindrical complex that contains a core of four stacked rings which forms a central pore. The major factor driving the growth of the market is the rising prevalence of lymphoma across the globe.
The global orexin receptor market is anticipated to grow at a significant CAGR during the forecast period (2021-2027). Orexins are also known as hypocretins. They are two neuropeptides secreted from orexin-containing neurons, mainly in the lateral hypothalamus (LH). They play a vital regulatory role in many physiological processes such as feeding behavior, sleep–wake rhythm, reward and addiction and energy balance. The major factor driving the growth of the market is the rising prevalence of depressive disorder across the globe.
The global n-formyl peptide receptor market is anticipated to grow at a significant CAGR during the forecast period (2021-2027). The formyl peptide receptors (FPRs) are G protein-coupled receptors. They transduce chemotactic signals in phagocytes and mediate host-defence as well as inflammatory responses which include cell adhesion, directed migration, granule release and superoxide production. Additionally, N-Formyl peptides are potent immunocyte activators. Once released in the circulation, they induce modulation of vascular tone by cellular mechanisms. The major factor driving the growth of the market include the rising prevalence of diabetes across the globe.
The global weight loss supplement market is anticipated to grow at a significant CAGR during the forecast period (2021-2027). The major factor that is expected to boost the market growth includes the rising cases of obesity and related health ailments, such as CVD, diabetes, and hypertension. As per the World Health Organization estimates in June 2021, approximately 2.8 million individuals die every year due to overweight or obesity. In addition, as of 2021, the WHO estimates approximately 115 million individuals are suffering from obesity-related ailments in developing countries.
The global vitamin ingredients market is anticipated to grow at a significant CAGR during the forecast period (2021-2027). The major factor that is expected to boost the market growth includes the rise in application of vitamins in the food & beverage, beauty & personal care, dietary supplements, and pharma industries. In addition, deficiency of vitamins due to increase in consumption of junk food, changes in food habits, chronic malnutrition in under-developed countries, and increase in consumer awareness toward health benefits of vitamin consumption are some other factors that are accelerating the growth of the market.
The global shark liver oils market is anticipated to grow at a significant CAGR during the forecast period (2021-2027). The major factor that is expected to boost the market growth includes the rising awareness regarding traditional uses and benefits of this oil. The shark liver oil is rich in squalene and nowadays the demand for squalene is increasing as it is used in cosmetics, health food, and machine oils.
The global proteinase activated receptor market is anticipated to grow at a significant CAGR during the forecast period (2021-2027. Proteinase-activated receptors (PARs) are a subfamily of G protein-coupled receptors (GPCRs). These receptors have four members which include PAR1, PAR2, PAR3 and PAR4. These receptors play critical applications in hemostasis, thrombosis, embryonic development, wound healing, inflammation and cancer progression.
The global nitric oxide synthase brain market is anticipated to grow at a significant CAGR during the forecast period. Nitric oxide synthases are group of enzymes that convert L-arginine to L-citrulline and produce nitric oxide. Nitric oxide synthases enzymes exhibit a bidomain structure homologous to cytochrome P450 reductase. According to a study in 2015 by NCBI, nitric oxide is a potential approach for preserving the structural and functional integrity of the brain. The market is growing as several studies are focused on analysing the use of nitric oxide as a treatment approach for different brain related disorders such as brain injuries, brain ischemia, memory disorders and neurotoxicity.
The global integrin alpha V market is anticipated to grow at a significant CAGR during the forecast period (2021-2027). Integrins are proteins that function mechanically. They attach to the cell cytoskeleton to the extracellular matrix (ECM), and biochemically through sensing if adhesion has occurred. The integrin family consists of two types of protein including alpha and beta subtypes.
The global EPA/DHA (Omega 3) market is anticipated to grow at a significant CAGR during the forecast period (2021-2027). The major factor driving the growth of the market is the rising consumer preference towards high-quality supplement products due to stressful and hectic lifestyles across the globe. Additionally, Omega 3 dietary supplements are combined with regular exercise to support improve metabolic and CVD health.
The global end-stage kidney disease treatment market is anticipated to grow at a considerable CAGR during the forecast period (2022-2028). Chronic kidney disease is also referred to as kidney failure, which involves a gradual loss of kidney function. The rise in the prevalence of chronic kidney diseases is anticipated to drive the global end-stage kidney disease treatment market. For instance, in 2021, according to National Center for Biotechnology Information (NCBI), Chronic kidney disease has been recognized as the leading public health problem globally. Further, NCBI estimated that the prevalence of chronic kidney disease (CKD) is 13.4 % globally. Moreoevr, patients with end-stage kidney disease (ESKD) in the need of kidney replacement therapy is estimated between 4.9 million to 7 million in 2021.
The global cyclin dependent kinase market is anticipated to grow at a significant CAGR during the forecast period (2021-2027). Cyclin-dependent kinases (CDKs) are protein kinases that are categorized by requiring a separate subunit, a cyclin. They provide domains essential for enzymatic activity and plays an important role in the control of cell division. Additionally, they modulate transcription in response to several extra- and intracellular cues. The major factor driving the growth of the market is the increasing prevalence of cancer across the globe.
The global market for Orthopaedic navigation systems is projected to have a considerable CAGR of around 14.3% during the forecast period. Various orthopedic diseases, such as osteoporosis, osteoarthritis, rheumatoid arthritis, cubital tunnel syndrome, and ligament injuries of the knee, are becoming more prevalent. These disorders affect the musculoskeletal system of the body, which includes muscles, bones, ligaments, edema, cartilages, and tendons.
The global wellness tourism market is anticipated to grow at a considerable CAGR of 6.4% during the forecast period. The wellness tourism is much broader term, which not only includes spas, wellness retreats, thermal springs, and boot camps, but also includes healthy eating, exercise, fitness, and yoga, mind body practices through which the people feel relax physically and mentally.
The global power cable market is anticipated to grow at a CAGR during the forecast period (2021-2027). The major factors contributing to the growth of the power cable market include rising trends of renewable energy generation globally, supportive government initiatives to increase renewable energy sources, and rapid growth in new power grid infrastructure to generate and transfer electricity.
The global Cannabis testing market is anticipated to grow at a considerable CAGR of around 10.2 % during the forecast period. The rising need for cannabis cultivators for testing and quality control of hemp products is augmenting the growth of cannabis laboratories. Several organizations are providing accreditation to laboratories that perform analytical testing of cannabis products.
The global analytical standards market is anticipated to grow at a significant CAGR of around 5 % during the forecast period. The rising application of analytical standards in proteomics and metabolomics coupled with pollution control monitoring is increasing globally, also greater regulatory emphasis on effective pollution monitoring and control is anticipated to grow the analytical standards market.
The global prental diagnostic market is anticipated to grow at a considerable CAGR of 12.9% during the forecast period. Prenatal diagnostic is a set of critical procedures, which performs during pregnancy through screening tests to detect the risk of possible health issues in the baby. Prenatal diagnostic tests are performed through invasive screening and non-invasive screening.
The global bio-implants market is projected to grow at a significant CAGR of 8.5% during the forecast period (2022-2028). Bio-implants are biosynthetic substances that are utilised in medical applications to repair or replace fractured or broken bones, as well as to help with the treatment of damaged bone. The prosthetic fabric's main purpose is to restore balance to bone fractures and to aid the internal components of bone repair by limiting tiny movements in the bone's visible connective tissue.
The global demerol meperidine market is anticipated to grow at a significant CAGR during the forecast period (2021-2027). The major factors that are expected to fuel the growth of the market during the forecast period include the growth in the incidence of infectious diseases & chronic pain and a rise in disposable income and a surge in the geriatric population.
The global topical hemostatic agents market is anticipated to grow at a significant CAGR during the forecast period (2021-2027). Topical hemostats are used to set surgery or trauma as adjuncts to maintain hemostasis. Gelatin sponges, collagens, fibrin sealants, and active thrombin preparations are different types of topical hemostat products that are applied locally to stop blood flow.
The global tissue expanders market is projected to grow at a significant CAGR of around 7.1% during the forecast period (2022-2028). Tissue expansion is the process by which the body grows extra skin, bone, or other tissues. It is used by plastic surgeons, maxillofacial and reconstructive. A major factor in market growth at the time of predicting the increase in the number of reconstructive surgeries associated with increasing mastectomy procedures. Tissue Expanders are often used for reconstruction of the breast, the procedure followed by the removal of the breast, and for the repair of damaged or scarred skin due to birth defects or trauma. Typically, the factor-affecting the tissue extensions are performed prior to regenerative burn surgery, using new skin instead of red tissue in the area of the burn.
The global ostomy deodorants market is anticipated to grow at a significant CAGR during the forecast period (2021-2027). Ostomy deodorants are designed to eliminate ostomy odors from inside the pouch by killing odor-producing bacteria and providing a scent to lubricating products to help to prevent pancaking when stool gets stuck on the top portion of the bag.
The global gastrointestinal (GI) stents market is anticipated to grow at a significant CAGR during the forecast period (2021-2027). The gastrointestinal (GI) stent is a medical device used for effective endoscopic procedures. It is tube-shaped and acts as a substitute for many other medical processes.
The global ear drops market is anticipated to grow at a significant CAGR during the forecast period (2021-2027). Ear drops are a liquid medicine that is used to treat or prevent ear infections of the outer ear and ear canal (otitis externa). It also supports remove ear wax as well as for short-term treatment and are easily available over-the-counter or with a prescription.
The global disposable surgical kits market is anticipated to grow at a significant CAGR of 7.% during the forecast period 2022-2028. Disposable surgical kits are not only cost-effective, but they also reduce the requirement for instrument cleaning and recycling, as well as the risk of infection during surgery. The key driver of market n is the growing need for cost-effective surgical products, coupled with rising hygiene awareness in emerging countries. In addition, the market is growing as the number of procedures conducted around the world rises. According to the World Health Organization (WHO), surgical therapy and interventions account for 13% of total disability-adjusted life years in the world.
The global Crohn’s disease drugs market is anticipated to grow at a significant CAGR during the forecast period (2021-2027). The major factors that are expected to accelerate the growth of the market include the increasing incidence of inflammatory bowel syndrome, such as Crohn’s disease and ulcerative colitis.
The global rare neurodegenerative disease treatment market is anticipated to grow at a significant CAGR of 6.8% during the forecast period. Neurodegenerative disease generally occurs when the nerve cells in the brain lose their functions and day by day die. Some of the physical and mental symptoms of this disease can be helped through treatment, but there are several ways to slow the disease progression. The risk of this disease generally increases with age. Research says that this disease develops by the combination of a person’s genes and the environment contributes to increasing the chances of this disease.
The global pegfilgrastim biosimilar market is expected to grow at a significant CAGR during the forecast period (2021-2027). The global pegfilgrastim biosimilar market is expanding as the number of people diagnosed with various diseases, such as cancer and HIV/AIDS, rises.
The global methicillin-resistant staphylococcus aureus (MRSA) drugs market is expected to grow at a significant CAGR during the forecast period (2021-2027). Staphylococcus aureus is a bacterium that can be found on healthy people's nose or skin.
The global botanical and plant-derived drugs market is expected to grow at a significant CAGR during the forecast period (2021-2027). Botanical drugs are made from plants that have therapeutic properties. Algae and vegetable components, as well as microscopic fungus, are found in botanical drugs.
The global adaptogens market is expected to grow at a significant CAGR during the forecast period (2021-2027). Adaptogens are herbal products that aid the body in dealing with physical and mental stress. Some adaptogens, such as Holy Basil, can be eaten whole, while others can be taken as supplements or brewed into teas.
The global varicella live vaccine market is anticipated to grow at a significant CAGR during the forecast period (2021-2027). The zoster virus is also known as human alphaherpesvirus 3 which is responsible for causing chickenpox and herpes zoster in the human body.
The global vaccines for children market is anticipated to grow at a significant CAGR during the forecast period (2021-2027). As people's awareness rises, the trend towards vaccination has increased. Healthcare workers prescribe a series of vaccines at birth.
The global prostate health market is anticipated to grow at a significant CAGR of around 8.8% during the forecast period. The increasing prevalence of benign prostatic hyperplasia is considered as the primary factor attributable to the growth in the prostate health market.
The global fitness app market is anticipated to grow at a significant CAGR of 20.8 % during the forecast period. Rising awareness among the population across the globe towards the health coupled with inclination towards the adoption of healthy lifestyle has propelled the growth of the market.
The global wireless health market is anticipated to grow at a significant CAGR of approx. 22.3% during the forecast period. Wireless health is an advanced technique that is mainly used for the treatment and monitoring of patients.
The global hospital supplies market is anticipated to grow at a significant CAGR during the forecast period. The increasing prevalence of chronic diseases like cancer, diabetes, cardiovascular diseases, asthma, and many others will fuel the growth of the market.
The global Bluetooth Low Energy (BLE) beacon market is expected to grow at a significant CAGR of 26.6% during the forecast period (2021-2027). The major factors contributing to the growth of the global BLE beacon market include rising disposable income and increased demand for proximity marketing.
The global hand geometry biometrics market is anticipated to grow at a significant CAGR during the forecast period. The major factor for growth of the market is the increasing awareness regarding the security in commercial as well as personal spaces.
The Global Deep Packet Inspection Market is estimated to grow at a moderate CAGR during the forecast period. Deep packet inspection is a sort of network packet filtering that is also known as DPI, information extraction, or complete packet inspection.
The Global Fluidics for Preclinical Market is expected to grow at a significant CAGR during the forecast period. The demand for advanced treatments has increased as the incidence of various illnesses and chronic disorders have increased.
The global medical billing outsourcing market is projected to grow at a CAGR of over 10% during the forecast period. Medical billing involves the Revenue Cycle Management (RCM) process which comprises the most complex and crucial components of the healthcare IT business.
Pain relievers are also called Analgesics. These are a class of medications designed specifically to relieve pain. Analgesics are often being used to get relief in abdominal pain, arthritis, back pain, carpal tunnel syndrome, fibromyalgia, hip pain, knee pain, foot pain, lupus, migraine, nerve pain, osteoarthritis, and rheumatoid arthritis.
The global cell and gene therapy manufacturing services market is projected to grow at a CAGR of nearly 11.5% during the forecast period (2021-2027). The primary factor driving the market growth is the rise in the incidence of chronic diseases and R&D investments by companies and contract development and manufacturing organizations (CDMOs) for the expansion of clinical trials.
The global Invisible Orthodontics market is growing at a CAGR of 12.1% during the forecast period (2021-2027). These types of braces are tied on teeth but are hardly visible. The major factors augmenting the growth of the market include the growing prevalence of malocclusion across the globe.
The global healthcare automatic identification and data capture market is projected to grow at a modest CAGR of nearly 15.8% during the forecast period (2021-2027). The major factor driving the growth of the market is the significant need to reduce medication errors.
The global PDX Model market is anticipated to grow at a CAGR of around 15.5% during the forecast period (2021-2027). The rising prevalence of cancer in major economies is the key reason driving the demand for PDX models. As per the estimates from the International Agency for Research on Cancer (IARC), in 2018, 17.0 million new cases, and 9.5 million mortalities were estimated.
The North America long-term care market is estimated to grow at a substantial CAGR of 6.8% during the forecast period. The ongoing healthcare reforms and the rise in economic prosperity are changing the dynamics of the healthcare sector in the region.
The Europe long-term care market is anticipated to grow at a substantial CAGR of 7.5% during the forecast period. The changing socio-economic factors and growing favorable policies and initiatives for telehealth are some of the factors driving the long-term care market in this region.
The Asia-Pacific long-term care market is anticipated to grow at a healthy CAGR of 7.8% during the forecast period. Increased occurrence of chronic diseases, rising geriatric population, improved awareness of wellness, and dearth of medical professionals are the key factors driving the home healthcare market in the Asia-Pacific.
The long-term care market is projected to propagate at a solid CAGR of 7.2% during the forecast period (2021-2027). Long-term care services can be provided in institutional settings such as nursing facilities, in community-based care settings such as residential facilities and adult foster homes, or in the personal homes.
The global biosimulation market is growing at a CAGR of nearly 16.0% during the forecast period. The major factors that are augmenting the growth of the market is urgency to develop and promote modern drugs. Furthermore, rising trend of surrogacy, growing infrastructure and increasing healthcare spending by government are also estimated to be the major factors that are contributing significantly towards the growth of the market.
US eHealth market is projected to witness considerable growth during the forecast period. The major factors contributing to the growth of the market include the high adoption rate of internet and online platform for healthcare services.
UK eHealth market is projected to witness considerable growth during the forecast period. The major factors contributing to the growth of the market include the increasing use cases of advanced technologies in the healthcare infrastructure along with the scarcity of healthcare professionals as compared to the rising prevalence of chronic diseases in the country.
North American eHealth market is projected to witness considerable growth during the forecast period. The major factors contributing to the growth of the market include the rising digitalization in healthcare infrastructure in the US coupled with the increase in demand for mHealth/EHR across the region.
The India eHealth market is projected to witness considerable growth during the forecast period. The major factors contributing to the growth of the market include the huge patient base with comparatively less well-trained healthcare professionals in the country.
European eHealth market is projected to witness considerable growth during the forecast period. The major factors contributing to the growth of the market include the rising geriatric population and high prevalence of chronic diseases in the region.
Asia-Pacific eHealth market is projected to witness considerable growth during the forecast period. The major factors contributing to the growth of the market include the rising digitalization in healthcare infrastructure in the emerging economies, such as India and China.
The US drug discovery informatics market is estimated to grow significantly of 10.6% during the forecast period. The growing drug discoveries are primarily boosting the demand for drug discovery analytics solutions to properly conduct genome researches in the country.
UK drug discovery informatics market is estimated to grow significantly of 8.7% during the forecast period. The major factors that propel the market growth in the country include the rising demand of analytics tool in pharmaceutical R&D, growing adoption of cloud-based solutions by the pharmaceutical companies, significant investment by the pharmaceutical companies for the installation of drug discovery analytics tools in the country.
The North American drug discovery informatics market is estimated to grow at a CAGR of 9.6% during the forecast period. The market is growing mainly due to the significant adoption of IT technology in the healthcare and life science sector, well developed IT infrastructure, a significant development in the healthcare IT solutions, and others.
Indian drug discovery informatics market is estimated to grow significantly at a CAGR of 11.2% during the forecast period. The market is mainly driven by the significant growth of the Indian pharmaceutical industry market, government initiatives for drug discovery and clinical development, growing demand for analytics solutions in the pharmaceutical sector.
The European drug discovery informatics market is estimated to grow significantly at a CAGR of 8.6% during the forecast period owing to the growing pharmaceutical R&D in the region coupled with the significant adoption of analytics solutions in drug discovery.
The Asia-Pacific drug discovery informatics market is estimated to grow at a significant CAGR of 10.8% during the forecast period. The pivotal factors that contributing to the growth of the market include the growing pharmaceutical sector in emerging economies such as China, and India, the high number of generic and patent drug manufacturing companies in the region.
Global myasthenia gravis treatment market is projected to grow at a considerable CAGR of around 7% during the forecast period (2020-2026). Increasing awareness related to the rare diseases, approval of promising drugs, the emergence of biologics along with the high adoption of immunotherapies is the key factor contributing towards the growth of the myasthenia gravis (MG) treatment market across the globe.
The US oncology information system market is estimated to grow at a CAGR of 7.8% during the forecast period to reach nearly $1.3 billion in 2025 from $800 million in 2018. The US has a well-developed healthcare infrastructure with a considerable focus on patient health management.
UK oncology information system market was $150 million in 2018 and is estimated to grow at a CAGR of 9.6% over the forecast period to reach $280 million in 2025. Major factors that augment the growth of the market include a significant prevalence of cancer coupled with the increased penetration of digitalization in the healthcare sector.
The North American oncology information system market is estimated to grow at a CAGR of 7.9% during the forecast period to reach nearly $1.5 billion in 2025 from $800 million in 2018. The growth of the market is attributed to the increasing prevalence of cancer and significant awareness regarding the early diagnosis and treatment of the condition in the region.
The Germany oncology information system market is estimated to grow at a CAGR of 7.3% during the forecast period to reach nearly $200 million in 2025 from $120 million in 2018. Germany is one of the major economies in Europe which is considerably influencing the European oncology information system market.
The European oncology information system market is estimated to grow at a CAGR of 8.2% during the forecast period to reach nearly $1.0 billion in 2025 from $600 million in 2018. The growth of the market is attributed to the increasing prevalence of cancer and significant awareness regarding the early diagnosis and treatment of the condition in the region.
Canadian oncology information system market was $60 million in 2018 and is anticipated to grow at a CAGR of 9.6% during the forecast period. Factors that are propelling the growth of the market include increasing healthcare expenditure coupled with the rising prevalence of diseases, such as cancer and diabetes.
The global eHealth market is growing at a significant CAGR of around 16.5% during the forecast period (2020-2026). eHealth refers the use of ICT in healthcare to meet needs of patients, healthcare providers, and policy makers.
The global digital assistant in healthcare market is growing at a significant CAGR of around 35.0% during the forecast period (2020-2026). The digital technology is rapidly expanding in healthcare sector, encouraging the replacement of human physicians with AI technology-based doctors in future.
The global hospital supplies market is projected to grow at a considerable CAGR of over 10% during the forecast period. The increasing prevalence of the chronic disease is estimated to be one of the major factors driving the growth of the global hospital supplies market.
The global market for PIS is projected to have considerable CAGR during the forecast period. The market growth is mainly driven due to growing demand of real time passenger information, increasing penetration of smartphone across the globe. Moreover, the growing service offerings by the travel providers to the passengers further supported the growth of PIS market. The other primary factor that is responsible for market growth is the advancements in technology.
The global drug discovery informatics market is projected to have a considerable CAGR of around 10.1% during the forecast period. The market growth mainly backed by the increasing pharmaceutical R&D, increasing investment in the drug discovery and research, others. Recent advancements such as microarray-based expression profiling in genomics, proteomics, and drug discovery domains, create a large amount of biological data that further encourages the demand drug discovery informatics solutions.
The global market for healthcare inventory management systems is estimated to have a significant CAGR during the forecast period. The growing application of inventory management systems in healthcare providers that include monitor expiration dates of critical inventory, reduce total on-hand inventory, tracking supplies, and improve the proper billing of lab consumables and supplies.
The first case related to COVID-19 in the Netherlands was witnessed on 27th February 2020. By 11th April 2020, the cases related to COVID-19 increased to more than 23,000 and has registered more than 2,500 fatalities. As per the International Monetary Fund, the GDP of the Netherlands was $902 billion in 2019.
The global health intelligent virtual assistant market is significantly growing at a CAGR during the forecast period. The factors such as growing lifestyle-related disorders and growing health consciousness, significant number of smartphone users, increasing the use of healthcare applications are boosting the growth of the health intelligent virtual assistant market during the forecast period.
The healthcare interoperability solutions market is anticipated to grow at a CAGR 8.2% during the forecast period. The factor such as increasing focus on patient care and government initiatives for improving the patient care experience is propelling the growth of the healthcare interoperability solutions market. Interoperability of systems, data access, and information exchange play an important role in enhancing health outcomes.
Healthcare assistive robot market is anticipated to grow at a significant CAGR of 16.4% during the forecast period. Healthcare assistive robots are widely used to provide support to the patient with stroke or injuries to the orthopedic system, which includes muscles, bones, joints, tendons, and ligaments. Further, increasing insurance coverage for medical exoskeletons and rising in the number of people suffering from strokes and spinal cord injuries also lead to the healthcare assistive robots market growth.
US healthcare cloud computing market is anticipated to grow at a CAGR around 20.6% during the forecast period. Technological innovations such as IoT in information and technology are transforming healthcare. The evolution of cloud technology has resulted in improved workflow. The US is the one of the highest spenders in healthcare across the globe.
UK healthcare cloud computing market is anticipated to grow at a CAGR around 21.3% during the forecast period. The digitalization of banking, Insurance, healthcare and business services in the country are the key driver for the growth of the market. According to the export.gov, the country has been a notable destination for cloud services due to advanced economy and mature IT market.
North American healthcare cloud computing market is anticipated to grow at a CAGR around 20.8% during the forecast period. The factor such as well-developed infrastructure and presence of key market players such as Amazon Web Services, Google Inc., Microsoft are estimated to be the major factors that are backing the growth of the market. Further, activities of players such as merger, acquisition, product launch are the also estimated to contribute towards the growth of the market.
Japan healthcare cloud computing market is anticipated to grow at a CAGR around 22.9% during the forecast period. The Japan has well-developed healthcare infrastructure & technologically developed market. The Japan Government initiated various awareness programs in medical field for the people & with the increase in awareness of the market is expected to show a vital growth.
Italy healthcare cloud computing market is anticipated to grow at a CAGR around 20.4% during the forecast period. Rising adoption of electronic health records and government initiatives to support such kind of health information is increasing the growth of the Italy healthcare cloud computing market.
Indian healthcare cloud computing market is anticipated to grow at a CAGR around 25.4% during the forecast period. The major reason for the growth of the Indian healthcare cloud computing market is the developing healthcare infrastructure in the country along with that, increasing geriatric population, increasing disposable income and increasing healthcare spending of the people is anticipated to grow the market during forecasted period.
Germany healthcare cloud computing market is anticipated to grow at a CAGR around 21.2% during the forecast period. Germany’s sophisticated economy is one of the major drivers of advancing digitalization in all areas of personal life and business. Germany’s well-established infrastructure and consumer base are driving demand for cloud services in the country. As per an estimation, 26% of the German companies do not use or plan to use cloud services currently in their operations.
European healthcare cloud computing market is anticipated to grow at a CAGR around 20.9% during the forecast period. Increasing adoption of the cloud-based services among SMEs in Europe is estimated to be one of the major factors that is driving the growth of the market. Various benefits offered by cloud services such as flexibility, scalability, cost efficiency is estimated to be the major factors that is driving the growth of the market.
China healthcare cloud computing market is anticipated to grow at a CAGR around 24.5% during the forecast period. The factor such as improved infrastructure, government support, and large customer base are some reason for the growth of the china healthcare cloud computing market. Government Policies in China, about each healthcare provider has its own electronic health record (EHR) system.
Asia-Pacific healthcare cloud computing market is anticipated to grow at a CAGR around 24.3% during the forecast period. Asia Pacific is estimated to be the fastest growing during the forecast period. The major economies which are contributing in the market are China, India and Japan. These economies are expected to be a large contributor in the market. Along with that, South Korea, Australia and Thailand are economies with advance healthcare facilities and will show a significant growth rate during the forecasted period.
The US EHR market is estimated to exhibit a significant CAGR during the forecast period. The factors that are contributing significantly to the market growth include R&D and high healthcare expenditure. Moreover, the US consists of a well-developed information communication technology (ICT) and employs the adoption of a larger number of connected devices.
The North American EHR market is estimated to exhibit a significant CAGR during the forecast period. The factors that are contributing significantly to the market growth include R&D and high healthcare expenditure. Moreover, the region consists of a well-developed information communication technology (ICT) and employs the adoption of a larger number of connected devices.
The US healthcare information system market is expected to exhibit a remarkable CAGR during the forecast period. The healthcare Information system collects health-related data from healthcare providers or from other relevant sources and analyzes and store the data, such that it can be accessed in the future for making medical decisions and for other purposes.
The UK healthcare information system market is expected to grow at a significant rate during the forecast period. Major factors contributing to the UK healthcare information system market include the integration of technology in the healthcare sector, growing public and private investment to improvise healthcare service management, and innovation in the healthcare sector such as AI, IoT, big data and others.
The North American healthcare information system market is expected to grow at a significant rate during the forecast period. The healthcare Information system collects health-related data from healthcare providers or from other relevant sources and analyzes and store the data, such that it can be accessed in the future for making medical decisions and for other purposes.
The European healthcare information system market is expected to grow at a significant rate during the forecast period. Europe is considered to be one of the dominating regions in the healthcare information system market as it has high healthcare expenditure and infrastructure. Major factors contributing to the healthcare information system market include the integration of technology in the healthcare sector, growing public and private investment to improvise healthcare service management, and innovation in the healthcare sector such as AI, IoT, big data and others.
The Asia-Pacific healthcare information system market is expected to grow at a significant rate during the forecast period. The major countries that would contribute to the growth of the market include China, India, and Japan. Asia-Pacific region has a potential market due to the increasing R&D expenditure by the government of key economies for increasing the penetration of information technology in the medical field so as to streamline the flow of data.
The US CDSS market is expected to grow at CAGR of 9.8% during the forecast period. The factors that are contributing to the market growth include R&D and high healthcare expenditure. Moreover, the US consists of a well-developed information communication technology (ICT) and employs the adoption of a larger number of connected devices. The US is home to the largest companies, in terms of revenue, which include Abbott Laboratories, Inc., Cerner Corp., IBM Corp., and General Electric Co.
The UK CDSS market is estimated to grow at CAGR of 12.2% during the forecast period. Major factors contributing to the UK CDSS market include the integration of technology in the healthcare sector, growing public and private investment to improvise healthcare service management, and innovation in the healthcare sector such as AI, IoT, big data and others.
The North American CDSS market is expected to grow at CAGR of 10.2% during the forecast period. The factors that are contributing significantly to the market growth include R&D and high healthcare expenditure. Moreover, the region consists of a well-developed information communication technology (ICT) and employs the adoption of a larger number of connected devices.
The European CDSS market is estimated to grow at CAGR of 10.9% during the forecast period. Europe is considered to be one of the significant regions in the CDSS market as it has high healthcare expenditure and infrastructure. Major factors contributing to the healthcare information system market include the integration of technology in the healthcare sector, growing public and private investment to improvise healthcare service management, and innovation in the healthcare sector such as AI, IoT, big data and others.
The Asia-Pacific CDSS market is estimated to grow at CAGR of 13.0% during the forecast period. The major countries that would contribute to the growth of the market include China, India, and Japan. Asia-Pacific region has a potential market due to the increasing R&D expenditure by the government of key economies for increasing the penetration of information technology in the medical field so as to streamline the flow of data.
China medical simulation market is estimated to grow considerably at a CAGR of around 13.0% during the forecast period. Chinese medical simulation market is expected to witness the significant growth in the forecast period owing to vast patient base and growing adoption of advanced technology in healthcare sector in the country.
Asia-Pacific medical simulation market is estimated to grow modestly at a CAGR of around 12.8% during the forecast period. The major countries which will contribute to the market are China, India, and Japan. Factors such as increasing focus on the integration of advanced technology for providing training to medical professionals coupled with an increasing focus on patient safety, growing infrastructure, vast population base, and emerging economies such as China, India, and South Korea are augmenting the growth of medical simulation market in the region.
The US sleep-wake disorder market is estimated to grow at a CAGR of 6.0% during the forecast period. The growth of the sleep-wake disorder market in the US is attributed to the presenvce of well-established healthcare infrastructure, rise in awareness among people, and an increase in the prevalence of sleep disorders.
The UK sleep-wake disorder market is estimated to grow at a CAGR of 6.2% during the forecast period. UK contributes a considerable share in the market due to the presence of a significant number of people with behavioral health disorders and the growing awareness of sleep disorders in the country.
The North American sleep-wake disorder market is estimated to grow at a CAGR of 5.9% during the forecast period. The growth of the sleep-wake disorder market in North America is attributed to the well-established healthcare infrastructure, rise in awareness among people, and an increase in the prevalence of sleep disorders.
The German sleep-wake disorder market is estimated to grow at a CAGR of 6.2% during the forecast period. Germany is the major contributor to the healthcare sector in Europe. The factors such as the increasing prevalence of behavioral health disorders, considerable resources of mental health, and a sophisticated healthcare system are the key factors that are expected to promote the growth of the market in the near future.
The European sleep-wake disorder market is estimated to grow at a CAGR of 5.5% during the forecast period. The key driving factor of the market in the region is the increasing sleep-wake disorders due to various behavioral health issues of the population which is expected to promote the demand for sleep-wake disorder treatment solutions, thereby promoting the growth of the market in the near future.
The China sleep-wake disorder market is estimated to grow at a CAGR of 6.5% during the forecast period. China is estimated to have a considerable share in the Asia-Pacific sleep-wake disorder market. Sleep insufficiency, drowsiness, and insomnia are prevalent in Chinese adolescents.
The Asia-Pacific sleep-wake disorder market is estimated to grow at a CAGR of 6.3% during the forecast period. Countries in Asia-Pacific that are contributing to the market growth include China, India, and Japan. China is the largest contributor to the Asia-Pacific sleep-wake disorder market.
The US medical simulation market is estimated to grow modestly at a CAGR of around 10.4% during the forecast period. The increasing demand for the display of information and real-time human interaction with digital devices and objects in various sectors such as healthcare, automotive, gaming & entertainment industries, and pico-projectors has been witnessed in the country.
UK medical simulation market is estimated to grow considerably at a CAGR of around 10.9% during the forecast period. As healthcare technology emerges across the globe along with the increasing penetration of virtual reality across the UK, the demand for minimally invasive surgeries has increased significantly in the country.
The North American medical simulation market is estimated to grow modestly at a CAGR of around 10.6% during the forecast period. North America has a considerable market share in the medical simulation market due to well-developed infrastructure, growing adoption of VR and AR in the healthcare sector and increasing demand for minimally invasive treatments in the region.
The Germany medical simulation market is estimated to grow modestly, at a CAGR of around 11.4%, during the forecast period. The Germany market is driven by the increasing adoption of minimally invasive procedures across the country. Moreover, a rise in colectomies procedures has reported in Germany. For instance, according to Eurostat, Germany recorded the highest frequency of colectomies, 107.7 colectomies per 100,000 inhabitants in 2015.
The European medical simulation market is estimated to grow modestly, at a CAGR of around 11.4%, during the forecast period. The European market is driven by the increasing adoption of minimally invasive treatments across the region. Germany and France are expected to dominate the overall European region during the forecast period.
The US cardiology market is estimated to grow significantly at a CAGR of around 6.0% during the forecast period. The market is mainly due to the significant prevalence of CVD in the country. The US has a high incidence & prevalence rate of heart diseases due to a sedentary lifestyle, excessive consumption of alcohol, consumption of junk food, high intake of cholesterol and a huge number of diabetic & obese patients.
UK cardiology market is estimated to grow significantly at a CAGR of around 6.4% during the forecast period. UK has the highest number of CVD, Congenital heart disease (CHD), stroke, heart failure, atrial fibrillation and other heart related disease that further contributing to the growth of the market.
The North American cardiology market is estimated to grow significantly at a CAGR of 6.2% during the forecast period. North America's cardiology market is projected to grow due to the highest consumption of cardiology devices and surgeries.
Japan cardiology market is projected to grow significantly at a CAGR of around 6.5% during the forecast period. There are various factors that provide substatial growth ot the Japan cardiology market including availability of developed healthcare infrastructure and technological advancement in cardiology device technologies in the country.
Germany cardiology market is estimated to grow significantly at a CAGR of around 6.0% during the forecast period owing to the massive population of CVD, CHD &stroke and rise in adoption of cardiology surgeries for Angioplasty and CABG surgeries.
France cardiology market is estimated to grow significantly at
a CAGR of around 6.3% during the forecast period due to the adoption of
innovative cardiology devices such as innovative cardiac stents, catheters and
guiding wires. France has a quality healthcare system and favourable government
policies which are boosting the cardiology market.
The European cardiology market is estimated to grow significantly at a CAGR of around 6.2% during the forecast period. The market is mainly driven owing to the well-developed healthcare sector and considerably high healthcare expenditure and infrastructure in its economies such as Germany, UK, France and others.
China cardiology market is projected to grow significantly at
a CAGR of around 6.4% during the forecast period. Coronary bypass procedures,
ONCAB, OPCAB, and heart valve replacement devices are widely adopted in China
that further provided significant growth in the cardiology market.
Asia-Pacific cardiology market is projected to grow significantly
at a CAGR of around 7.0% during the forecast period. The market is mainly
driven owing to the large population with CVD, CHD, Stroke and other heart
diseases. The other factors contributing to the market include rising
healthcare spending, improving infrastructure and rising standards of living.
The US artificial tears market is estimated to grow modestly at a CAGR of around 3.7% during the forecast period. The factors that are contributing significantly to the market growth include the rise in the prevalence of cataract disease and clinical trials and research for the treatment of dry eye syndrome (DES) through artificial tears are prevailing the artificial tears market in the US.
UK artificial tears market is estimated to grow considerably at a CAGR of around 5.0% during the forecast period. The eye health problems in UK have been increasing at a significant rate.
The North American artificial tears market is estimated to grow modestly at a CAGR of around 3.9% during the forecast period. North America has a considerable market share in the artificial tears market due to its ability of the region to develop advanced technology through integrated research and innovation in the production of solutions for dry eye syndrome.
Germany artificial tears market is estimated to grow considerably at a CAGR of around 4.2% during the forecast period. As the prevalence of cataract increases across Germany due to the increasing share of the aging population, the demand for artificial tear is expected to increase significantly in order to curb the side effects of such surgeries in Germany.
The European artificial tears market is estimated to grow modestly, at a CAGR of around 4.2%, during the forecast period. Europe has a huge potential for the growth in the artificial tears market owing to the prevalence of cataracts and other eye diseases.
China artificial tears market is estimated to grow considerably at a CAGR of around 5.2% during the forecast period. China has been anticipated to witness considerable growth in the artificial tears market due to a considerable rise in the aging population in the country.
Asia-Pacific artificial tears market is estimated to grow modestly at a CAGR of around 5.5% during the forecast period. The major countries which will contribute in the market are China, India, and Japan. China is the biggest market for artificial tears market. The aging population in the region predominantly in Japan and China is one of the key driving factors in Asia-Pacific.
The global healthcare information system market is expected to grow at a CAGR of 7.5% during the forecast period. The market growth is attributed to the increasing government initiatives and spending for providing better healthcare services.
The global protein engineering market is anticipated to grow at a significant CAGR of around 12.5% during the forecast period (2022-2028). Protein engineering holds an immense opportunity in the agrochemical industry as engineering in proteins may lead to the generation of enzymes with an improved function that may increase the crop yield or facilitate biofuel production. It is also likely to play an important role as a tool to attain increased crop yield needed to meet future needs. Some methods are used for protein engineering such as site-directed mutagenesis, random mutagenesis, random mutagenesis, homology modeling, cell surface display technology, and DNA shuffling technology.
The global medical device
vigilance market is estimated to grow significantly, at a CAGR of 8.7%, during
the forecast period. Medical device vigilance assists in improving the
protection of healthcare professionals, safety and health of patients, and
other end-users of medical devices by reducing the chances of reoccurrence of
incidents associated with the use of medical devices.
The global gynecology software market is estimated to grow significantly, at a CAGR of over 9%, during the forecast period. The major factors contributing to the market growth include the rise in prevalence of chronic diseases such as cervical cancer, polycystic ovarian syndrome (PCOS), and endometriosis, among others.
The global biocloud market is estimated to grow significantly, at a CAGR of over 15%, during the forecast period. The rising need to integrate supply chains to gain visibility is increasing the adoption of cloud technology in biology. This further is connected with the implementation of healthcare reforms and healthcare insurance policies in developed economies.
The global bio-decontamination market is estimated to grow at a CAGR of 5%, during the forecast period. The major factors contributing to the market growth include growing infections in hospitals and laboratories, coupled with the increasing surgical procedures in hospitals.
Global CVIS market is projected to grow at a CAGR of 7% during the forecast period. The market growth is mainly driven by the increasing prevalence of cardiovascular diseases (CVDs) and the rising adoption of healthcare information systems in hospitals and clinics.
Healthcare BPO market is anticipated to grow at a significant CAGR of 9.3% during the forecast period (2024-2031). Healthcare BPO includes outsourced business activity or process that provides support (admin or otherwise) to medical institutions, staff, and organizations. Implementation of the Patient Protection and Affordable Care Act (PPACA) and patent expiration of the blockbuster drugs are the major factors that augment the demand of the market. A patent cliff is a reduction in revenues of the medical organization due to the patent expiry of one or more leading products. Patent cliffs have created losses for traditional pharmaceuticals and provide a portal for smaller companies to emerge with generics. This presents a growing opportunity for generic drug manufacturers.
The global infusion pump software market is expected to grow at a CAGR of 6% during the forecast period. Infusion pumps are medical devices that supply nutrients and medicines such as antibiotics, chemotherapy drugs, insulin or other hormones, and pain relievers into the patient's body with controlled dosages.
With the advancement
in the healthcare IT sector, the demand for more advanced clinical workflow
solutions is on the rise which is fueling the growth of the global clinical
workflow solutions market. The growing demand among consumers towards
curtailing healthcare costs and rising prevalence of chronic diseases has
resulted in the increased volume of patients.
Back-end revenue
cycle management allows healthcare providers to manage the process of
healthcare billing and reimbursement rates, eligibility checks and claims
submission and payments. Various government initiatives to modernize healthcare
infrastructures coupled with the integration of IT technologies in healthcare
tend to drive the growth of the global back-end revenue cycle management market.
The growing healthcare market is experiencing an enormous revolution, as
technology is widely being used to engage patients, caregivers,
consumers and provide real-time information and support with better use
of data and analytics. Besides, the healthcare industry is focusing on
the improvement of the quality of healthcare facilities and operational
effectiveness, which includes diminishing medical errors occurring while
conducting medical procedures and reducing the cost of medical
procedures. To maintain a good clinical workflow, the hospitals and
clinics should have the right information about the patient,
Legionella testing market is expected to grow at a
considerable rate during the forecast period 2019-2025. Legionella
testing is used for diagnostic and detection of legionella bacteria
which is a key cause of numerous diseases including pneumonia and other
types of flu symptoms. Legionella infection affects respiratory track
and Pontiac fever.
Oncology information system market is expected to grow
at a considerable rate during the forecast period 2019-2025. An oncology
information system is used to keep track of various aspects such as
medical reports, prescriptions, payment status, bills, and assigned
doctors related to patients and doctors. Nowadays, the data is
maintained by hospital management through various software systems.
Referral management market is expected to grow at a
moderate rate during the forecast period 2019-2025. Referral management
is a computer-assisted software system which is being used to keep track
of patient referrals within an organization or between multiple
organization. Due to the rapid integration of IT services and
technologies in healthcare solutions, demand for referral management
systems is increasing at a high growth rate.
Medical alert system market is expected to grow at a
moderate rate during the forecast period 2019-2025. A medical alert is
known as a personal emergency response (PER), medical emergency response
system or fall monitors. A medical alert system is an alarm system
which is designed to indicate risk and provide immediate response after
fall or injury. According to the Centers for Disease Control and
Prevention (CDC).
Skin cleaning is essential for infants’ health in particular as they need special care from birth. The function of skin remains the same at all stages of life which is important to maintain its health. Establishing a good baby care practice after birth is considered as the basis for healthy skin.
The global sleep-wake disorder market is further
analyzed on the basis of geographical regions, including North America,
Europe, Asia-Pacific, and Rest of the World. North America contributed
the largest share in the global sleep-wake disorder market in 2018.
The market of global hair removal devices is divided on the basis of type and end-user. On the basis of type, the market is sub-segmented into laser-based devices, IPL, and energy-based devices. Moreover, on the basis of end-user, the market is further sub-segmented into dermatology clinics, beauty clinics, and others.
Healthcare analytics market is expected to grow at a
considerable rate during the forecast period 2019-2025. The growing need
for accurate information in the healthcare industry have been
increasing, as the payers, government, industry groups, employers and
patients are inclined towards insightful information, transparency, and
accountability.
?Blockchain technology can transform healthcare by increasing the privacy, security, and interoperability of health data. Blockchain technology has the potential to make electronic medical records more efficient, disintermediated, and secure to provide a new model for health information exchanges (HIE).
Healthcare Biometrics Market is expected to grow at a
considerable rate during the forecast period 2019-2025. Biometrics
system is used to recognize the physical and behavioral characteristics
of a person.
Healthcare contract research organizations (CRO) market
has been growing significantly owing to the rising R&D programs in
healthcare and growing demand for CRO in pharmaceutical, medical and
other healthcare industries.
The global cranial implants market can be segmented
on the basis of material type, product, and end user. On the basis of
the material type, the market is further classified into titanium and
titanium alloys, polymeric material and bio-ceramics.
The rise in consumption and production of new patterns of healthcare services has been made possible due to the global surge in the flow of patients and health professionals coupled with medical technology, capital funding and regulatory regimes across national borders.
The global nurse call systems market is growing at a considerable 10.2% during the forecast period (2021-2027). The major factors that are augmenting the growth of the market are the rising work pressure on nurses and the declining patient-to-nurse ratio lead to an increase in the demand for nurse call systems across the globe.
The global ostomy drainage bags market is anticipated to grow at a CAGR of 4.2% during the forecast period. An ostomy is a procedure that creates a stoma or opening from a location in the body's interior to the outside. It is primarily used to treat diseases of the urinary and digestive systems. It is possible to have a permanent or temporary ostomy.
Orthopedic Software Market is expected to grow at a
moderate rate during the forecast period 2019-2025. Orthopedic software
has been gaining significant importance among orthopedic professionals.
This enables professionals to deal with a significant amount of lab test
results, particularly imaging at the time of diagnosis and for
follow-ups to monitor the patient’s progress during recovery.
Aortic valve replacement is a procedure using an artificial valve device
for the treatment of diseases affecting the aortic valve, such as
aortic stenosis and aortic regurgitation. Under the procedure, the
patient’s failed aortic valve is replaced with the artificial aortic
valve. There are mainly two kinds of aortic valves, including tissue
valves and mechanical valves.
E-prescribing market is expected to grow at a
significant rate during the forecast period 2019-2025. Electronic
prescribing or e-prescribing is a technology framework which enables
medical practitioners and physicians to write and send prescriptions. It
enables to send e-prescription to the pharmacy electronically instead
of handwritten prescriptions. The e-prescribing system enables to
provide electronic reference handbook, and the systems act as
stand-alone prescription writers, which enable to develop fill up
prescriptions for individual patients.
The global varicose veins market is projected to grow at a CAGR of around 6% during the forecast period. Varicose veins are linked with heredity and are more common in women than in men. According to the National Institute of Health, pelvic vein reflux (PVR) trigger the development of varicose veins in women.
The global wheelchair market is growing at a considerable CAGR of 6.2% during the forecast period. The rising number of accidents is one of the prime factors affecting and driving the market. Increasing per capita healthcare expenditure, and government initiatives are also estimated to be the prime factors that are contributing significantly towards the growth of the market.
The global market for IoMT is projected to have a considerable CAGR of around 24.6% during the forecast period. The IoMT is a collection of medical devices and applications connected to healthcare IT systems via online computer networks in which data can be exchanged among other devices without requiring human-to-human or human-to-computer interaction.
The global e-clinical solution market is expected to grow at a CAGR of 12.8% during the forecast period (2021-2027). E-clinical solutions are software or applications used to track, manage, and record data related to clinical trials and clinical research. The e-clinical solutions provide solutions incorporated with advanced technologies expertise to support and accelerate the clinical development process.
Clinical Decision Support System Market is expected to grow at a significant rate during the forecast period 2019-2025. The clinical decision support system is one of the key tools which is used for increasing the efficiency of the healthcare system. As the number of clinical trials increases across the globe, the amount of medical data has also increased significantly from the past years.
The global laboratory information system market is expected to grow at a CAGR of 5.7% during the forecast period (2021-2027). LIS is a digitalized software that records, manages, and stores data for clinical laboratories. LIS is designed to store accurate data of patient health reports which are used in the diagnosis of any disease.
The global assisted reproductive technology market is growing at a CAGR of 8.7% during the forecast period. ART is a procedure to achieve pregnancy by techniques such as in vitro fertilization, Surrogacy, and fertility medication.
The global electronic health records (EHR) market is anticipated to grow at a CAGR of 4.7% during the forecast period. An EHR is a digitalized edition of storing patient's medical records. The aim of an EHR is to preserve reliable data on a patient's health status over time.
The global market for pharmacy information systems is projected to have a considerable CAGR of around 10.4% during the forecast period. The pharmacy information system is used to manage, and record the data related to the patient’s medication and supply of drugs and other essentials related to pharmacy.
The global hospital information system market is anticipated to grow at a significant CAGR of 8.3% during the forecast period. Hospital Information Systems (HIS) is a digital integrated system that is designed to manage all aspects of hospital operations such as administrative, financial, and store data for patients' medication and inventory of the medical store. There is a shift from the traditional approach of paper-based manual operations to IT-based solutions in hospital management. HIS is designed to manage all the information such as administrative and inventory functions, which allows the healthcare provider to do their work effectively. In addition, it supports managing patient profiles, processing and billing, and inventory workflow.
The global market for AI in healthcare is projected to have a CAGR of around 51.5% during the forecast period. AI is the technology that combines the power of machine learning and deep learning technology used by many sectors including remote sensing, medical diagnosis, electronic trading, transportation, education, and others.
The global medical simulation market is growing at a considerable CAGR of 13.3% during the forecast period (2021-2027). The factors that augment the growth of the market include a rise in the number of healthcare workers, an increase in demand for a user-friendly interface, an increase in n demand for minimally invasive treatment procedures, and training of complex cases.
The Global Cardiovascular Information System Market is expected to grow
at a CAGR of 11% during 2017-2022. Cardiovascular Information System is
an approach that provides access and management of patient’s digital
integrated cardiovascular records from a centralized and web-enabled
system. Moreover, Cardiovascular Information System enables patient
management through an approach of built-in report generation and
distribution process and thus increases the speed of reimbursements.
The Global patient engagement solutions market is expected to grow at a
CAGR of 21.70% during 2017-2022. The solution which allows patients to
manage and keep their healthcare related information along with greater
interaction with medical team is patient engagement solution. It is very
important to provide the necessary tools to actively engage in the
management of their own health.
The global healthcare BPO market is anticipated to grow with the CAGR of 10.3% during the period 2017-2022. Implementation of patient protection and affordable care act (PPACA) and patent expiration of the blockbuster drugs are the major factors that are augmenting the demand of the market.
The global IoT healthcare market is anticipated to grow at a CAGR of around 16.8% during the forecast period. IoT enables the healthcare professional to connect with the patients more proactively. The data collected through IoT devices support the physicians to devices on the best treatment option for the patient.
The global biosimulation market is growing at a CAGR of nearly 16.0% during the forecast period. The major factors that are augmenting the growth of the market is urgency to develop and promote modern drugs. Furthermore, rising trend of surrogacy, growing infrastructure and increasing healthcare spending by government are also estimated to be the major factors that are contributing significantly towards the growth of the market.
Global healthcare cloud computing market is growing significantly with a CAGR of 22% during 2018-2023. The robust growth of the Market is due to various factors such as rise in adoption of cloud services across the globe and significant reforms in healthcare information technology.
The Global Healthcare Information System market is estimated to witness a significant growth rate of 7.2% over the projected period 2016-2022. Growing investment by healthcare IT companies along with supportive government initiatives are the key driving forces attributing towards the growth of the global market.