The global phenylketonuria (PKU) therapeutics market is projected to grow significantly, with its valuation increasing from US$ 1 billion in 2023 to an anticipated US$ 2.28 billion by 2033, reflecting a robust CAGR of 8.6% during the forecast period. This marks a substantial acceleration compared to the 5.2% CAGR recorded during the historical period of …
Category Archives: Healthcare Trends
Chlamydia Diagnostics Industry Poised to Reach USD 3.69 Billion by 2033, Growing at 11% CAGR
The global chlamydia diagnostics market is projected to experience robust growth, with its valuation rising from US$ 1.17 billion in 2022 to an anticipated US$ 3.69 billion by 2033. This growth represents a notable CAGR of 11% during the forecast period from 2023 to 2033, outpacing the 8% CAGR observed between 2018 and 2022. Key …
Genomics Industry to Surge USD 170.5 Billion at 19.8% CAGR, Reaching New Heights by 2032
A newly-released report by Future Market Insights reveals that the global genomics market was valued at US$ 24.3 billion in 2021. The market is set to experience robust growth with a projected CAGR of 19.8% from 2022 to 2032, significantly outpacing its historical growth trajectory. Among the segments, functional genomics is poised to dominate as …
In Vitro Fertilization Industry to Reach USD 1,940.8 Million by 2034, Growing at a 9% CAGR
The global in vitro fertilization (IVF) market is projected to grow significantly, with an anticipated valuation of US$ 819.8 million in 2024. The market is estimated to expand at a CAGR of 9% from 2024 to 2034, reaching US$ 1,940.8 million by 2034. The rising incidence of infertility, driven by factors such as lifestyle changes, …
Remote Patient Monitoring Devices Industry to Reach USD 6.0 Billion by 2034, Growing at a 15.7% CAGR
The global remote patient monitoring devices market is projected to grow significantly from an estimated valuation of USD 1.3 billion in 2024 to USD 6.0 billion by 2034, registering a robust CAGR of 15.7% during the forecast period. The demand for remote patient monitoring devices is being accelerated by several key factors, including: Rising Prevalence …
Lab Automation Market to Reach USD 5.5 Billion by 2033, Growing at a 10.1% CAGR
The global lab automation market is poised for substantial growth, with a valuation of US$ 2.1 billion in 2023, projected to reach US$ 5.5 billion by 2033. This represents a robust CAGR of 10.1% during the forecast period, driven by the increasing adoption of automation solutions across diverse end-use industries. The demand for lab automation …
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Drug Discovery Informatics Industry to Reach USD 12.5 Billion by 2033, Growing at a 14.4% CAGR
According to a newly released analysis by Future Market Insights, the global drug discovery informatics market was valued at US$ 2.9 billion in 2022 and is projected to expand significantly to US$ 12.5 billion by 2033, registering an impressive CAGR of 14.4% during the forecast period. The discovery informatics segment is expected to lead the …
Advanced Wound Care Market to Reach USD 14,667.7 Million by 2034, Growing at a 2.4% CAGR
The global advanced wound care market is projected to grow steadily, increasing from US$ 11,115.29 million in 2023 to US$ 11,521.11 million in 2024, and reaching a valuation of US$ 14,667.7 million by 2034. The market is expected to expand at a CAGR of 2.4% during the forecast period. The rising demand for advanced wound …
Global Bariatric Beds Industry Poised for Significant Growth, Projected to Reach USD 497.92 Million by 2033
The global bariatric beds industry is set to grow significantly, with its valuation expected to rise from USD 297.08 million in 2023 to USD 497.92 million by 2033, capturing a CAGR of 5.3% during the forecast period. The growth of the market is driven by the increasing prevalence of obesity worldwide, coupled with rising healthcare investments …
Global Disposable Insulin-delivery Device Industry to Grow Remarkably with Rising Cases of Diabetes Around the World, Its Overall Value is Predicted to Reach USD 32,814 Million by 2033
The disposable insulin delivery device industry has experienced rapid expansion and reached a high worth of around USD 14,585.6 million in 2022. During the historical period from 2018 to 2022, the demand for disposable insulin delivery devices experienced a year-on-year growth rate of 7.4%. The rising costs of treating diabetes-related illnesses in emerging nations, where they …