The global stethoscope market is expected to grow and reach US$ 1056.0 million by the end of 2033, up from US$ 612.9 million in 2023. It is anticipated to grow at a CAGR of 5.6% between 2023 and 2033, creating an absolute monetary potential of US$ 38.4 million. The stethoscope industry is anticipated to grow …
Category Archives: Healthcare Trends
Global Medical Nitroglycerin Sprays Market to Grow at 3.9% CAGR, Driven by Rising Prevalence of Cardiovascular Diseases: FMI Research
As per the research conducted by FMI, the global medical nitroglycerin sprays market is expected to record a CAGR of 3.9% from 2023 to 2033. In 2023, the market size is projected to reach a valuation of US$ 110.9 million. By 2033, the valuation is expected to reach US$ 163.5 million. The group of medications …
Instrument Cleaners & Detergents Market to reach US$ 3.2 Billion by the year 2033: to Benefit from Rising Demand for Healthcare and Food Safety | FMI
The instrument cleaners & detergents market plays a crucial role in ensuring the safety, efficiency, and longevity of various instruments used in industries such as healthcare, laboratory research, and manufacturing. This market segment encompasses a wide range of cleaning solutions designed to remove contaminants, residues, and impurities from instruments and equipment, maintaining their functionality and …
Biological and Chemical Indicators Market to Reach US$ 866.9 Million by 2033, FMI Forecasts
The Biological and Chemical Indicators Market is anticipated to increase at a CAGR of 5.9% from 2023 to 2033, reaching a value of US$ 490.3 million. The market is anticipated to reach US$ 866.9 million by 2033. The demand for biological and chemical markers is being driven by the increased focus on patient safety and …
Caprolactam Industry Expected to Reach US$21.9 Billion by 2032, Fueled by 3.9% CAGR | FMI Insights
The global caprolactam industry is poised for substantial growth, projecting a robust CAGR of 3.9% throughout the forecast period (2022 – 2032). In 2022, the market was valued at US$15.0 billion, and it’s anticipated to surge to an impressive US$21.9 billion by 2032. One of the primary drivers of this growth is the escalating demand …
FMI’s Prognosis: Veterinary Point of Care Diagnostics Surging at 15.4% CAGR, Reaching US$6.3 Billion by 2032
In a recent analysis conducted by Future Market Insights, the global veterinary point-of-care diagnostics industry is on the verge of substantial expansion in the near future. The report forecasts that in 2021, the market is set to achieve a valuation of US$1.3 billion. Over the decade spanning from 2022 to 2032, the market is anticipated …
FMI Report: Sexually Transmitted Diseases Diagnostics Industry Poised to Surge to US$6.4 Billion Valuation by 2032, Driven by 7.9% CAGR
In a recent study, it has been determined that the global market for sexually transmitted diseases (STD) diagnostics is poised for a robust growth trajectory throughout the next decade. Forecasts indicate a projected compound annual growth rate (CAGR) of 7.9% from 2022 to 2032, propelling market valuation from US$ 3.8 billion in 2022 to an …
FMI’s Insight: Dental Compressors Industry to Attain US$529.12 Million, with a CAGR of 3.4% by 2033
The dental compressor industry is set for substantial expansion, poised to increase from a current value of US$ 378.75 million. Projections indicate that by 2033, it will reach an impressive US$ 529.12 million, maintaining a consistent Compound Annual Growth Rate (CAGR) of 3.4%. This growth is primarily attributed to the growing healthcare infrastructure and heightened …
IoT in Healthcare Industry Alluring Growth at 18.0% CAGR, Predicting US$952.3 Billion in 2032 | FMI
In 2022, the worldwide IoT in healthcare industry achieved an impressive sales valuation of US$181.4 billion. Forecasts indicate a remarkable upward trajectory, with an expected surge to US$952.3 billion by 2032, marked by a compelling compound annual growth rate (CAGR) of 18.0%. During 2021-2022, the market experienced a substantial year-on-year (Y-o-Y) growth rate of 20.7%, …
Dental Burs Industry Predicted to Attain US$295.6 Million by 2032, Anchored by a 7.8% CAGR | FMI Insights
From 2022 through 2032, the Dental Burs Industry is poised for remarkable growth, with a robust projected Compound Annual Growth Rate (CAGR) of approximately 7.8%. This upward trajectory is set to propel the market from an estimated value exceeding US$ 139.2 Million in 2022 to an impressive estimated worth of US$ 295.6 Million by the …