The global ambulatory surgical centres industry was worth US$ 96.5 billion in 2023 and is expected to be worth US$ 150.6 billion by 2033, growing at a 4.5% CAGR during the forecast period. The number of ambulatory surgical centres is increasing due to increased demand for inpatient and outpatient care services. The rising costs of healthcare …
Category Archives: Healthcare Trends
Handheld Ultrasound Scanners Industry on Track to Exceed US$ 1.1 Billion Valuation by 2032-FMI Study
In recent years, the medical imaging landscape has witnessed a revolutionary transformation with the emergence of handheld ultrasound scanners industry. These portable devices have ushered in a new era of point-of-care diagnostics, enabling healthcare professionals to perform real-time imaging assessments with unprecedented convenience and flexibility. The handheld ultrasound scanners market is rapidly gaining traction, driven by …
Allergy Diagnostics Industry Primed to Reach US$ 11.8 Billion by 2033, Propelled by a 7.7% CAGR-FMI Study
According to FMI, the global allergy diagnostics industry is expected to grow at a 7.7% CAGR between 2023 and 2033. At present, the US and Canada are the two countries with the largest allergy diagnostics markets. Allergies to foods and medications, the availability of infrastructure that has been developed, and rising consumer healthcare spending all helped …
Soft Tissue Repair Industry is Projected Surge to a Staggering US$ 10,814.7 Million Valuation by 2033-FMI Study
The soft tissue repair market has experienced substantial growth in recent years, driven by the increasing incidence of soft tissue injuries, the growing aging population, and advancements in medical technology. Soft tissue repair refers to the restoration of damaged or injured soft tissues, such as tendons, ligaments, and muscles, through surgical or non-surgical interventions. These procedures aim …
Knee Reconstruction Devices Industry Gears Up for a Transformative US$ 13.0 Billion Landscape by 2033-FMI Study
The knee reconstruction devices industry is anticipated to reach US$ 8.5 billion by 2023 and grow at a 4.3% CAGR between 2023 and 2033 to reach US$ 13.0 billion by the end of 2033. The knee reconstruction devices market is experiencing significant growth as the demand for knee replacement and reconstruction procedures continues to rise. This …
Orthopaedic Bone Cement and Casting Materials Industry to Experience a 5.30% Expansion by 2033
Future trends in the global orthopaedic bone cement and casting materials industry are also anticipated. In the upcoming years, it is anticipated that there will be a significant impact on the global market for orthopaedic bone cement and casting materials due to growing research and development activities in the field of orthopaedics and an increase in the …
Bioabsorbable Stents Industry Set to Blossom, Projected to Reach US$ 248.5 Million by 2032-FMI Study
The bioabsorbable stents industry devices designed to treat coronary artery disease by providing temporary support to the affected blood vessels and then gradually dissolving within the body over time. The market for bioabsorbable stents was valued at US$ 159.6 million in 2021 and is expected to reach US$ 165.4 million by the end of 2022. The …
Cardiac Surgery Devices Industry Poised to Reach an Impressive US$ 2 Billion by 2032-FMI Study
The cardiac surgery devices industry is anticipated to reach US$ 1.7 billion by the end of 2022 and to keep expanding at a CAGR of 3.6%. (2022 to 2032). The market is anticipated to generate US$ 2.4 billion in sales by 2032 as a result of the rising incidence of cardiovascular diseases. With a demand share …
Spinal Cord Stimulators Industry Achieves Remarkable Milestone, Surpassing US$ 5,441.4 million by 2033-FMI Study
By 2033, the spinal cord stimulators industry is projected to generate US$ 5,441.4 million in sales. According to our healthcare experts, spinal cord stimulator vendors should anticipate a strong compound annual growth rate (CAGR) of 7.2% through 2033, with a 2023 current valuation of US$ 2,702.7 million. The spinal cord stimulators market has witnessed remarkable growth in …
Continuous Renal Replacement Therapy Industry Projected to Surge from US$ 1,214.6 Billion in 2023 to US$ 2,771.6 Billion by 2033-FMI Study
The continuous renal replacement therapy (CRRT) industry has been witnessing significant growth in recent years, driven by the rising prevalence of acute kidney injury (AKI) and the growing demand for advanced renal replacement therapies in critical care settings. CRRT is a life-saving medical technique used to manage patients with severe kidney dysfunction, especially those who …