According to a recently released report by Future Market Insights, the global prosthetics and orthotics market was valued at US$ 6.5 billion in 2022. The market is expected to experience steady growth, with a projected compound annual growth rate (CAGR) of 6% from 2023 to 2033. As a result, the market is anticipated to surpass …
Category Archives: Healthcare Trends
Advanced Dental Technologies: Intraoral Scanners Market to Reach US$1.3 Billion by 2032, Expanding at 7.6% CAGR
The global intraoral scanners market is poised for steady growth, with a projected value of approximately US$ 644.8 million by the end of 2022. Further, the market is expected to continue its upward trajectory, expanding at a compound annual growth rate (CAGR) of 7.6% between 2022 and 2032. This growth will result in a market …
Wheelchairs Market on Track to Reach $7.9 Billion by 2032, Driven by Advances in Technology and Design | Reveals by FMI
According to a recent report by Future Market Insights, the global wheelchairs market is anticipated to be valued at approximately US$ 5.7 billion by the end of 2022. Furthermore, the market is expected to grow at a moderate compound annual growth rate (CAGR) of 3.2%, reaching a value of around US$ 7.9 billion by 2032. …
Gastric Electrical Stimulation Market to Benefit from Advancements in Medical Technology, Reaching US$433.8 Million by 2033 | FMI
The global market for gastric electrical stimulators is poised for significant growth, with a projected valuation of US$ 240.6 million in 2023. According to market analysts, the industry will experience a robust compound annual growth rate (CAGR) of 6.1% between 2023 and 2033, culminating in a total market size of approximately US$ 433.8 million by …
Ophthalmology Industry Boosts Retinal Biologics Market, Expected to Reach US$41.92 Billion by 2028, Growing at 11.1% CAGR
The retinal biologics market is expected to experience significant growth in the coming years, with its global size projected to surpass US$ 22.25 billion by 2022. Furthermore, the market is anticipated to continue its upward trend, reaching a valuation of US$ 41.92 billion by 2028, according to a recent market analysis. This rapid expansion is …
Appendage Management Market to Experience Significant Growth, Predicted to Reach US$352.5 Million by 2028
The global appendage management market is poised for robust growth, with a projected valuation of US$ 352.5 Mn by 2028, up from US$ 223.9 Mn in 2021, reflecting a compound annual growth rate (CAGR) of 6.6% throughout the forecast period. A senior healthcare analyst at FMI attributes this growth to the rising incidence of atrial …
Sleep Disorders: Narcolepsy Treatment Market Set to Reach New Heights, Projected to Reach US$6.67 Billion by 2028, Growing at 5.7% CAGR
According to a recent report by Future Market Insights (FMI), the global narcolepsy treatment market is expected to reach a valuation of US$ 6.67 billion by 2028, growing at an annual rate of 5.7 % between 2022 and 2028. The report highlights that North America will continue to dominate the market due to increasing demand …
Cardiac Biomarker Diagnostic Test Kits: A Growing Market, Expected to Reach US$2.5 Billion by 2028, with a Compound Annual Growth Rate of 5.1%
According to our recently published market report, titled ‘Global cardiac biomarker diagnostic test kits market: Global Industry Analysis 2013-2017 and Opportunity Assessment, 2018-2028′, we project that the global cardiac biomarker diagnostic test kits market will experience steady growth at a compound annual growth rate (CAGR) of 5.1% between 2018 and 2028, ultimately reaching a valuation …
Membrane Microfiltration Market Set to Soar, Projected Valuation of US$ 8 Billion by 2028, Growing at a CAGR of 7.8%
According to Future Market Insights forecasts, sales revenue in the membrane microfiltration market is anticipated to cross US$ 8 Bn by 2028, from an estimated value of about US$ 3.8 Bn in 2018. A decadal growth rate of 7.8% can be attributed to several factors, of which Future Market Insights throws deeper insights in this …
Median Nerve Compression Relief: Carpal Tunnel Release Systems Market Projected to Reach US$ 863.2 Million by 2029, Reflecting a CAGR of 5.5%
The global carpal tunnel release systems market is poised to experience remarkable growth, with a projected valuation of US$ 863.2 million by 2029, up from its current worth of US$ 593.9 million in 2022, reflecting a compound annual growth rate (CAGR) of 5.5%. This significant upsurge can be attributed to several factors, including the increasing …