According to a recent study done by FMI, the ePharmacy market is expected to reach US$ 329.83 billion by 2032, up from US$ 69.8 billion in 2021, expanding at a high CAGR of 16.4%. This study explains how the ePharmacy market is directly proportional to the increasing penetration of internet-based pharmacy in the world market coupled with rising awareness …
Category Archives: Healthcare Trends
Viral Vector Development Market is Estimated to Grow at a Robust CAGR of 18.2% Reaching Nearly US$ 3.2 Billion by 2032 End
Despite the COVID-19 dilemma, the global Viral Vector Development Market, which was forecast to be worth US$ 534 million in 2021, is expected to increase to US$3.2 billion by 2032, at a CAGR of 18.2% through 2032. The increased prevalence of target diseases and disorders, the accessibility of funding for therapeutic gene strategies, the efficacy of …
Mortuary Bag Market Projected to Reach US$ 498.62 Million by 2027, Exhibiting a CAGR of 4.83% in The Forecast Period 2022-2032
The mortuary bags market was worth US$ 375.64 Mn in 2021 and is predicted to increase at a CAGR of 4.83% in the next years to US$ 498.62 Mn by 2027. The increased incidence of diseases and pandemics, as well as an increase in the number of traffic accidents, are some of the primary causes driving up …
Intrauterine Insemination Devices Market Expands at a CAGR of 3.8% to Reach US$ 52.4 Million by The End of 2030
The global intrauterine insemination (IUI) devices market has witnessed a marginal slump in 2020, which can be attributed to the ongoing covid-19 outbreak. Restrictions on production facilities, and the redirection of healthcare resources to handle the pandemic has hurt short-term market prospects. However, the long-term prospects of the market remain bullish, with a new study by Future …
Mobile Sterile Units Market Expected to Rise Total Valuation of US$ 352.1 Million by The End of 2031
Sterile units are used for the sterilization of surgical equipment and laboratory instruments in the hospital. The rising cases of hospital acquired infection and cross contamination is anticipated to upsurge the growth of the mobile sterile units market over the forecast period. Also, the mobile sterile units are easy to handle and finds a wide application in …
Cell Culture Market Expected to Rise Total Valuation of US$ 75 Billion by The End of 2032
With an estimated CAGR of 11.9% during the projected period, the cell culture market share is expected to reach US$ 75 Bn by 2032, finds a recent report published by FMI. The study finds that the rising awareness about the benefits of cell-based vaccines gives rise to the cell culture market. Cell culture has become an essential aspect of vaccine …
Pain Management Devices Market Anticipated to Reach Total Valuation of US$ 3.3 Billion by 2026
According to the NCBI, over 51 million inpatient surgical procedures are performed in the United States alone each year, with approximately 90 per cent of all hospitalized patients receiving medications via IV. So, the sales of pain management devices such as infusion therapy spikes as the number of surgeries performed rises. In accordance with the pain management device …
Virology Specimen Collection Market is Estimated to Reach Total Valuation of US$ 5.3 Billion by The End of 2026
According to a recent virology specimen collection market report by Future Market Insights (FMI), the motor monitoring market is anticipated to advance at a phenomenal CAGR of -0.5% over the forecast period 2022-2032. Additionally, the rising prevalence of viral infections like SARS-CoV-2, AIDS, flu, EBOLA, Zika virus, and STDs boosts the demand for virology specimen collection. The emergence of the …
Organoids Market Size, Share, Industry Analysis Forecast Report to 2031
Organoids are three-dimensional (3D) structures that resemble mammalian organs and are made from stem cells. As per a study by Future Market Insights (FMI), the global organoids market is estimated to reachUS$ 44.2 Mn in 2021. As new platforms for quicker drug development and improved model structures for assessing drug efficacy and toxicity, organoids have the potential …
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Clinical Trials Market is Expected to Record a 4% Compound Annual Growth Rate (CAGR) Through 2029
A new study of Future Market Insights (FMI) estimates the global spending on clinical trials in 2019 at ~US$ 95 Bn, recording a ~4% Y-o-Y over 2018. The healthcare sector is closing in on a new era of clinical trials, which are more engaged with patients, streamlined and connected. With development costs reaching record highs and patents …