The global negative pressure wound therapy market is projected to experience substantial growth, with estimates indicating a market value of USD 6.5 billion in 2023. According to a new report by Future Market Insights, the market is anticipated to expand to USD 10.8 billion by 2033, reflecting a compound annual growth rate (CAGR) of 5.3%. …
Category Archives: Healthcare Trends
Europe Viscosupplementation Market Poised for Significant Growth, Reaching USD 12.03 Billion by 2033, expanding at a 9.37% CAGR
The market for viscosupplementation in Europe is set to experience substantial growth, with projections indicating a rise from USD 4.49 billion in 2022 to USD 4.91 billion by the end of 2023. This represents a steady increase and underscores the growing demand for advanced joint health therapies across the region. According to recent market insights, …
Global Hospital Capacity Management Solutions Market Poised for Significant Growth, Reaching USD 1.9 Billion by 2033
The global hospital capacity management solutions market is set to experience substantial growth, according to a new market research report. From an estimated value of USD 1.1 billion in 2023, the market is expected to reach USD 1.9 billion by 2033, reflecting a compound annual growth rate (CAGR) of 5.1%. This growth trajectory underscores the …
Pet Dietary Supplement Industry to Reaching USD 8.3 Billion by 2033 with 7.3% CAGR | FMI
The pet dietary supplement market is predicted to be valued at US$ 4,269.1 million in 2023 and US$ 8,288.4 million by 2033. Over the projection period, the pet dietary supplement market is expected to surge at a CAGR of 7.3%. Pet owners are increasingly seeking tailor-made dietary supplements for their furry companions. Companies utilize advanced technologies and data analytics to create personalized supplement …
E-Commerce Boom Boosts Sales of Postnatal Health Supplements Industry: FMI Study
The global postnatal health supplements industry is anticipated to reach US$ 1.2 billion worldwide in 2022. The increased prevalence of postnatal depression along with the introduction of new products by the leading competitors are two key factors predicted to fuel the market’s growth during the forecast timeframe. By 2023, it is anticipated to have made US$ 2.79 …
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Counterfeit Drug Detection Device Market for Spectacular Growth, Projected to Reach USD 1,615.6 Million by 2034 at a 3.3% of CAGR
In the battle against counterfeit drugs, innovation reigns supreme. The counterfeit drug detection device market is poised to make a profound impact, with an anticipated worth of USD 1,167.7 million in 2024. As we look to the future, the market is set to grow steadily, boasting a Compound Annual Growth Rate (CAGR) of 3.3% from …
Tissue Engineered Skin Substitute Market Growth, Expected to Surpass USD 3.5 Billion by 2034 at a 3.9% of CAGR
The tissue engineered skin substitute market is on the brink of significant advancement, with a projected valuation of USD 2.4 billion in 2024. This market is expected to experience steady growth, reaching an estimated USD 3.5 billion by 2034, driven by a Compound Annual Growth Rate (CAGR) of 3.9% over the forecast period from 2024 …
Laparoscopic Device Market Set to Surge, Projected to Reach USD 20.5 Billion by 2034 at a 4.2% of CAGR
The laparoscopic device market is on track to achieve a valuation of USD 13.59 billion in 2024. Despite facing supply chain disruptions, companies are implementing innovative strategies to ensure the steady availability of these essential surgical tools. With the increasing prevalence of obesity across all age groups, the demand for laparoscopic devices is set to …
Animal Model Market Set for Significant Growth USD 3,476.8 Million at a 6% of CAGR
The animal model market is on a promising trajectory, with revenue estimated to reach around USD 1,943.3 million in 2024. Leveraging the advantages of shorter life cycles, high genotype resemblance, and ease of laboratory testing, animal models are pivotal in advancing scientific and medical research. According to the latest demand analysis report, the market is …
Handheld Ultrasound Scanner Market for Growth, Projected to Reach USD 750.3 Million by 2034 at a 3.90% of CAGR
The handheld ultrasound scanner market is on the cusp of a remarkable evolution, with an anticipated value of USD 750.3 million by 2034. With a steady Compound Annual Growth Rate (CAGR) of 3.90% projected over the next decade, this market is set to expand from its 2024 valuation of USD 511.8 million. This growth highlights …