Industry Analysis

  The Microbiology Testing Market will reach a CAGR of 10.4 % and a value of USD 5409.16 Million by 2027 in the forecast period. The extensively studied report covers the drivers that are going to impact the market decidedly during the forecast period and delivers a much-precise predictive analysis of the coming years of the market. Infectious diseases are on the rise, and several outbreaks of epidemics across the globe have spurred the demand for microbiology testing. Healthcare segment is witnessing a significant increase in expenditure all over the world, and an increase in microbiology testing market research allotments are a positive sign. However, the market can witness a slight pullback caused by stringent regulatory frameworks, and patient reimbursement policies can impede the market growth for a short span of time. But the bottlenecked market can see a wider scope of possibility with improving technologies in the field of product enhancement which can ease the market g...

  The veterinary ultrasound market was valued USD 122 billion in 2020 and is expected to reach USD 192.70 billion by 2027 at 5.9% CAGR during the forecast period 2020-2027. Veterinary ultrasound scanner is a medical imaging device which like the human ultrasound scanner, uses ultrasound waves for generating images of the internal soft organs in animals. Use of higher frequency ultrasound waves and small-sized probes are distinguishing features of a veterinary ultrasound scanner from an ultrasound scanner intended for human use. Pet animals largely contribute to the well-being of human beings. They, at times, turn out to be the best companion of a person. Thereby, the veterinary ultrasound market is possibly gaining traction due to the rise in number of pet ownership. Livestock animals are beneficial for domestic use of humans, for instance, there is a great demand for meat and dairy products. Hence, to deliver quality products to attain economical gain, it is important to moni...

  The Anal Fissure Treatment Market is estimated to grow at a 8.20% CAGR and i s expected to reach USD 2,526.5 Million by 2030 . Anal fissures are small tears near the mucosal lining of the anus. Deeper cuts may take a combination of oral and topical medicine to alleviate the pain. The anal fissure treatment market is expected to thrive owing to the booming pediatric and geriatric patient pool. Advances in technology coupled with various treatment options is likely to lead to a windfall for the market over the forecast period. High incidence of constipation is predicted to drive the need for anal fissure treatments. This is backed by vulnerability of the elderly which find it difficult to pass stools properly. According to the American Gastroenterological, nearly 33% of Americans above 60 experience the condition. Unhealthy lifestyles adopted by patients is likely to cause the condition and boost the market demand. Popularity of over the counter (OTC) drugs may spur the mark...

  Dental prosthetics market is expected to register a CAGR of 11.6% and is anticipated to reach USD 29.6 Billion by 2030 . As per dental prosthetics market analysts, the global market is anticipated to witness growth owing to the factors such as rising acceptance of evidence-based dentistry as well as growing adoption of CAD/CAM technology. However, the dental prosthetics market will face challenges and restraints due to slow introduction of advanced technologies and high degree of discrepancy in the cost during the forecast period. The rising cases of dental caries and tooth loss in the dental prosthetics market is set to play a key role in determining the growth potential during the forecast period. Analysts have also studied the dental prosthetics market to understand potential threats and challenges the dental prosthetics market companies could face. Although the dental prosthetics market is poised to grow at a fast pace across diagnosis & treatment, end user, and type s...

  The  Clinical Data Analytics Market  is expected to reach USD 26.58 billion by 2027 at 30.90% CAGR in the studied forecast period 2020-2027. The global  clinical data analytics market has been evaluated as a growing market and it is expected that the market will touch high growth figures. Increasing the technological advancements in mHealth and IoT and rising number of government initiatives are some of the factors driving this market. Healthcare industry has generated large amounts of data, driven by record keeping. Data from the U.S. healthcare systems alone has reached 150 Exabyte in 2011. By understanding the trends and the patterns within the data, healthcare systems can improve quality care of patients and curb healthcare costs. Clinical analytics helps to upgrade patient outcomes and minimizes the avoidable readmissions in hospitals. It helps hospitals to move towards value-based quality of care. The market for clinical data analytics is segmented i...

Human Growth Hormone Market is expected to reach USD 5,800 Million by 2030 at 7.60% CAGR during the forecast period 2022-2030. The market for growth hormone is set to reach a high value in the coming years. As per growth hormone market analysts, the global market is anticipated to witness growth owing to the factors such as the surge in GH deficiency cases to be a key growth booster as well as the rising GH deficiency disorders worldwide. However, the market will face challenges and restraints due to the side effects of GH drugs to weaken demand and the high costs of GH therapies during the forecast period. The surge in FDA approvals in the growth hormone market is set to play a key role in determining the growth potential during years. Analysts have also studied the market to understand potential threats and challenges the growth hormone market companies could face. Although the market is poised to grow at a fast pace across route of administration, brand, application, and dist...

  The age-related macular degeneration market is predicted to reach USD 14.98 billion by 2030 at 8.1% CAGR during the forecast period 2022-2030. The growing awareness of AMD and the increasing geriatric population are anticipated to exhibit more opportunities for the growth of the  age-related macular degeneration market . Moreover, as per the Community Eye Health Journal published in 2014 by the London School of Hygiene and Tropical Medicine, nearly 196 million people are estimated to suffer from age-related macular degeneration by 2020 worldwide. Regionally, the Americas age-related macular degeneration market is segmented into two major regions, namely, North America and South America. Treatments targeting biochemical pathways implicated in the  macular degeneration pathophysiology  of ARMD are being tested actively in clinical trials The Americas region holds the largest share of the global age-related macular degeneration market owing to the increasin...

  Herbal Medicine Market size was valued USD 145 billion in 2021 and expected to reach USD 356 Billion by 2030 at 10.9% CAGR during the forecast period 2022-2030. The growing prevalence of cancer and infectious diseases across the globe, improving healthcare infrastructure, and skilled professionals are driving the growth of hospital and retail pharmacies in the herbal medicine market. Various government organizations such as the National Institutes of Health (NIH) have increased the spending on the research of medicinal applications of various plants for the treatment of various chronic diseases such as cancer, arthritis, and many more. According to the National Centre for Biotechnology Information, the National Institutes of Health (NIH) spent USD 111,275,219 on all cannabinoid research in 2015. The increasing acceptance of herbal medicines globally and raising funds for their development are likely to support market growth. The growing research investments and funding in ...