Rising prevalence of cancer is likely to fuel the demand for cancer diagnostics. A study by Future Market Insights (FMI) projects the cancer diagnostics market to surpass US$ 47.62 Bn in 2021. According to the World Health Organization (WHO), cancer is the second -leading cause of death globally, accounting for over 9.9 million deaths in 2020. Rising …
Category Archives: Business
Asia Pacific Reprocessed Medical Devices Market is being projected to expand at 15.7% CAGR and bring in a little over US$ 1 Billion by the end of 2027
Future Market Insights’ recent report on the reprocessed medical devices market in Asia-Pacific region projects that in 2017 and beyond, Japan, China and Southeast Asia will collectively account for more than 60% share of overall market revenues. The report estimates that reprocessed medical devices market in Asia-Pacific is presently valued at US$ 236.9 Mn. In …
Drugs of Abuse Testing Market is projected to reach a valuation of US$ 1.5 Bn in 2021, with sales growing at above 5% CAGR through 2031
As per a recent market analysis by Future Market Insights, the global drug of abuse testing market is projected to top US$ 1.5 Bn in 2021, expanding at over 5% CAGR over the forecast period. Growth can be attributed to the increasing opioid dependence in the geriatric population as a result of high dosage prescription opioid use for pain management. Chronic …
Infusion Pumps Market is likely to surge at 5.4% CAGR, and to surpass US$ 6 Billion by 2021-2030
FMI’s recent report on infusion pumps projects the market to surge at a CAGR of 5.4% from 2020-2030. Growth is attributed to increasing diabetic population across prominent regions. As per World Health Organization’s projections, there were 422 million diabetic people as of 2014, with a 5% increase in premature mortality. Consequently, there has also been an increase in …
Peripheral Intravenous Catheter Market is slated to reach the revenues worth US$ 5.22 Billion By 2021
The global peripheral intravenous catheter market is expected to observe steady growth in 2016, reaching beyond US$ 3.8 Bn by 2016 end. Wide adoption of catheterisation techniques in patient examination, diagnosis, and treatment is anticipated to fuel the demand for PIVC. Rising disease prevalence will play a key role in driving the market growth. North America is …
Digital Radiography Detectors Market is projected to expand at a CAGR of 6.1% and is expected to be valued at US$ 2,713.7 million by the end of 2026
The global demand for digital radiography detectors is expected to grow at a robust pace over the eight-year forecast period, 2018-2026. As projected in a recently released market intelligence, Future Market Insights expects the global digital radiography detectors market to reach a valuation of US$ 2,713.7 Mn by 2026, exhibiting a promising 6.1% CAGR during 2018-2026. Increase in …
Dental Imaging Equipment Market is slated to witness a CAGR of 6% during the forecast period 2021–2030
Global dental imaging equipment market is slated to witness a CAGR of 6% through 2030, according to a new report by ESOMAR-certified firm Future Market Insights (FMI). Dental imaging equipment is witnessing demand from developed as well as developing economies alike, mainly due to increase in the number of patients (as per the WHO, around 50% of …
Tinnitus Management Market size is likely to grow US$ 3.2 Billion by 2031 at a CAGR of around 2.8% over the forecast period (2021-2031)
[301 Pages Report] According to a recent study by Future Market Insights (FMI), the global tinnitus management market is expected to register sustainable growth during the forecast period. The market size is likely to grow from US$ 2.5 Bn in 2021 to over US$ 3.2 Bn by 2031 at a CAGR of around 2.8% over the forecast period (2021-2031). Rising prevalence of tinnitus, technological advancements in …
Bone Growth Stimulators Market is expected to account for US$ 1,387.7 Million and estimated to grow at a CAGR of 5.2% through the forecast period 2021-2029
Various alternative therapies and treatments for fractures, which include synthetic bone grafts, amputation, and allografts, as well as non-invasive therapies, such as electrical bone growth stimulation and low-intensity ultrasound stimulations, have been introduced, which are responsible for driving the global bone growth stimulators market. According to the latest research by FMI, the global bone growth stimulators …
Medical Carts Market is slated to enjoy a valuation of US$ 3.4 billion in 2022 and is predicted to surge at a CAGR of 7.8% to reach US$ 5.3 Billion by the end of 2028
[170 Pages Report] The global Medical Carts Market is slated to enjoy a valuation of US$ 3.4 Bn in 2022, and is predicted to surge at a CAGR of 7.8% to reach US$ 5.3 Bn by the end of 2028. Growing need for quick access to mobile electronic health records at the point of care has led to surge in demand for medical …