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Showing posts from April, 2023

Europe Orthopedic Navigation Systems Market - Global Industry Insights, Trends and Growth Opportunity Analysis to 2030

  Europe Orthopedic Navigation Systems Industry Overview The  Europe Orthopedic Navigation Systems Market  size is expected to reach USD 2,504.4 million by 2030, according to a new report published by Grand View Research, Inc. The market is expected to expand at a CAGR of 13.8% from 2023 to 2030. The rising number of target diseases especially in the geriatric population is responsible for the rapid growth of the market. According to the Executive Agency for Health and Consumers, one in ten people in the geriatric population in Europe is suffering from osteoarthritis. Minimal invasion and low post-operative complications associated with computer-assisted surgery are anticipated to drive regional market growth over the forecast period. Moreover, the introduction of technologically advanced products is expected to induce demand for  orthopedic navigation systems . For instance, Orthokey Italia developed a new version of KiRA system integrating it with the iPad to ...

Fixed and Mobile C-Arms Market Scope, Demand and Supply Chain Analysis till 2030

  Fixed and Mobile C-Arms Industry Overview The global  Fixed and Mobile C-Arms Market  size is expected to reach USD 3.97 billion by 2030, registering a CAGR of 5.6%, according to a new report by Grand View Research, Inc. Constant technological advancements in C-arm technology and the growing number of surgical procedures are the primary factors driving the growth of the market. In addition, an increase in the number of the geriatric population prone to various chronic disorders is expected to further boost the market growth. C-arm technology has progressed rapidly with the introduction of mobile and mini C-arms. Its mobility and image quality allow surgeons to track surgery progress at any moment and identify areas for improvement instantly. As a result, treatment outcomes are better, eventually leading to faster patient recovery, further reducing follow-up operations. Furthermore, the introduction of Flat Panel Detectors (FPD) in C-arms has helped in reducing the radia...

Continuous Renal Replacement Therapy Market Status, Key Vendors Analysis and Regional Outlook 2023-2030

  Continuous Renal Replacement Therapy Industry Overview The global  Continuous Renal Replacement Therapy Market  size is anticipated to reach USD 2.6 billion by 2030, according to a new report by Grand View Research, Inc. The market is expected to expand at a CAGR of 8.5% from 2022 to 2030. The primary driving factors for market growth are increasing prevalence of congestive heart failure and acute renal failure. The COVID-19 is expected to have a positive impact on market due to increasing prevalence of acute kidney injury. According to a WHO, acute kidney injury, a potentially life-threatening condition in which the kidneys cease working and uremic and fluid toxins build up in the body, is one of the many COVID-19 side effects. As a result, as the COVID-19 outbreak expands, demand for CRRT will continue to climb. Over the forecast period, technological advancements are expected to be a crucial driver in the growth of the market. For example, in August 2020, Baxter Inte...

Disposable Blood Pressure Cuffs Market Growth Factors, Competitive Landscape and Revenue Forecast till 2030

  Disposable Blood Pressure Cuffs Industry Overview The global  Disposable Blood Pressure Cuffs Market  size is anticipated to reach USD 1.56 billion by 2030, growing at a CAGR of 12.02% from 2022 to 2030, according to a new report by Grand View Research, Inc. The growing global geriatric population base is expected to widen the consumer base using BP monitors by triggering incidence rates of hypertension thereby boosting the demand for disposable blood pressure (BP) cuffs during the forecast period. The outbreak of COVID-19 has positively impacted the market growth owing to the increased focus on routine checkups amongst the general population as well as the patient pool suffering from COVID-19. In addition, the need to control the spread of COVID-19 infection and reduce the cross-contamination in healthcare facilities are anticipated to create huge growth opportunities for market players during the forecast period. Moreover, the demand for disposable BP cuffs is high du...

Surgical Instruments Tracking Systems Market Drivers, Industry Survey and Business Development Analysis till 2030

  Surgical Instruments Tracking Systems Industry Overview The global  Surgical Instruments Tracking Systems Market  size is anticipated to reach USD 513.09 million by 2030, according to a new report by Grand View Research, Inc. The market is expected to grow at a CAGR of 12.1% over the forecast period. The increasing need for inventory management and implementation of Unique Device Identification (UDI) regulations formed by the FDA are some of the major factors supporting the market growth. Furthermore, surgical tool manufacturers are expected to track their products from manufacturing to distribution. The goal of device tracking is to ensure that instrument manufacturers set up mechanisms that allow them to quickly locate devices in commercial distribution. The proposed UDI regulations by the U.S. Food & Drug Administration (FDA) are projected to propel market growth. Labelers of surgical instruments, such as manufacturers, re-processors, specification developers, re...

Digital Therapeutics Market Outlook, Top Manufacturer and Supply Chain Analysis 2023 – 2030

  Digital Therapeutics Industry Overview The global  Digital Therapeutics Market  size is anticipated to reach USD 32.5 billion by 2030, according to a new report by Grand View Research, Inc. The market is expected to grow at a lucrative CAGR of 26.1% from 2022 to 2030. Key factors driving the market growth include high demand due to the COVID-19 pandemic, various supportive regulatory initiatives & early signs of reimbursements, increasing smartphone penetration in developed & developing countries, and the growing prevalence of chronic disorders. Moreover, the cost-effectiveness of digital health technology for providers & patients and increasing demand for integrated healthcare systems & patient-centric care are estimated to boost the market growth. The COVID-19 pandemic catalyzed the adoption of digital therapeutics solutions. Teladoc reported that telehealth usage grew by about 38 times since pre-pandemic. The adoption of these solutions was ...

Breastfeeding Accessories Market Forecast Analysis by Manufacturer, Types, Applications and Regions 2023 – 2030

  Breastfeeding Accessories Industry Overview The global  Breastfeeding Accessories Market  size is expected to reach USD 3.90 billion by 2030, according to a new report by Grand View Research, Inc. It is expected to expand at a CAGR of 6.45% from 2022 to 2030. An increasing women’s employment rate is expected to surge the demand for breastfeeding accessories, thereby propelling the market growth. For instance, according to the data from the World Bank and the International Labor Organization, 55% of women in the U.S. are employed, whereas this number increases in the U.K. with 59% women employability. Working women are more likely to purchase breastfeeding accessories, thus, with a surge in the women’s employment rate, the market is expected to grow over the forecast period. Moreover, there has been a rise in the global birth rate. For instance, as per the latest report by the International Institute of Sustainable Development (IISD), the global fertility rate has touche...

Medical Device Analytical Testing Outsourcing Market Segmentation, Analysis by Recent Trends and Development till 2030

  Medical Device Analytical Testing Outsourcing Industry Overview The global  Medical Device Analytical Testing Outsourcing Market  size is expected to reach USD 10.6 billion by 2030, registering a CAGR of 8.1% over the forecast period, according to a new report by Grand View Research, Inc. Several medical device companies outsource analytical testing operations to decrease business risks, accelerate product market entrance, and lower expenses. As a result of this considerable rise in spending levels, medical device Original Equipment Manufacturers (OEMs) quickly shift to outsourcing as a cost-cutting technique. Medical device testing remained consistent in 2021. The testing requirements of Medical Device Manufacturers (MDMs) reflected variations in the medical/healthcare market as it recovered from the COVID-19 slowdown. In 2021, the need for European Medical Device Regulation (MDR) remediation standards, as well as the ever-increasing regulatory demands in the Leac...

Latin America Pharmaceutical Contract Manufacturing & Research Services Market Overview, Cost Structure Analysis and Forecast to 2030

  Latin America Pharmaceutical Contract Manufacturing & Research Services Industry Overview The  Latin America Pharmaceutical Contract Manufacturing & Research Services Market  size is expected to reach USD 40.3 billion by 2030, according to a new report by Grand View Research, Inc. The market is expected to register a CAGR of 7.5% from 2022 to 2030. The low cost of drug registration in Latin American countries and the economic growth are the key factors contributing to progress in this region. Moreover, factors such as the growing demand for generics, rising investments in R&D, the growing geriatric population, and the increasing burden of chronic diseases are responsible for market growth. The outbreak of COVID-19 has boosted the market growth as companies have increased investments in R&D and manufacturing to develop vaccines and drugs against the COVID-19. During the coronavirus outburst, the supply chains of biopharmaceutical companies remained robust...

Sepsis Diagnostics Market Study including Growth Factors, Types and Application by regions from 2023 to 2030

  Sepsis Diagnostics Industry Overview The global  Sepsis Diagnostics Market  size is expected to reach USD 1.4 billion by 2030, according to a new report by Grand View Research, Inc. It is expected to expand at a CAGR of 9.6% over the forecast period. The high prevalence of sepsis, the introduction of technologically advanced diagnostic systems, and increasing government initiatives are expected to propel market growth over the forecast period. Sepsis is a bloodstream disease that occurs as a result of a response to pathogenic microorganisms present in the blood. Patients suffering from this disease experience severe inflammation, which leads to prolonged hospitalization. According to the WHO, around 30 million people are estimated to be affected by this disease every year. The NCBI stated that the largest number of this condition have been observed in the youngest and oldest age groups. Thus, there is a rising need for the early diagnosis of this disease. The WHO report...

Patient Temperature Management Market Outlook to 2030: Top Manufacturer Analysis, Industry Overview and Forecast Report

  Patient Temperature Management Industry Overview The global  Patient Temperature Management Market  size is expected to reach USD 6.9 billion by 2030, registering a CAGR of 8.8% according to a new report by Grand View Research, Inc. Rising number of surgeries is anticipated to accelerate the demand for temperature management devices. For instance, open heart surgeries require lowering of patient’s body heat through blood cooling, which helps in reducing the risk of post and perioperative surgical complications.  Rising number of surgeries are undertaken, amid growing prevalence of cardiac arrest and other chronic cardiac diseases. Hence, this raises the need for the patient temperature management, in order to avoid the adverse effects on brain. For more effective results, patient warming systems are also used for cancer patients as adjuncts with chemotherapy and radiation therapy. Moreover, in neonatal care, newborns are likely to experience temperature fluctuation...

Contrast Media Market Product Driving Factors, Capacity and Growth Rate Analysis to 2030

  Contrast Media Industry Overview The global  Contrast Media Market  size is anticipated to reach USD 7.57 billion by 2030, according to a new report by Grand View Research, Inc. The market is expected to expand at a CAGR of 3.33% from 2022 to 2030. The rising prevalence of chronic diseases is fueling the demand for diagnostic imaging treatments, which is propelling the market forward. Imaging studies, such as  MRI , have become an important aspect of most disease diagnoses, and the widespread use of imaging technologies in healthcare has boosted the demand for contrast media globally. Chronic diseases like cancer and diabetes are quickly becoming a major public health concern and are among the leading causes of mortality worldwide, necessitating the development of early detection techniques and effective treatment alternatives. As a result, one of the key drivers of imaging tests and contrast agents is the rising prevalence of complicated comorbidities and long-ter...

Blood Glucose Monitoring Devices Market Outlook, Top Manufacturer and Supply Chain Analysis 2023 – 2030

  Blood Glucose Monitoring Devices Industry Overview The global  Blood Glucose Monitoring Devices Market  size is expected to reach USD 23.15 billion by 2030, according to a new report by Grand View Research, Inc. The market is expected to expand at a CAGR of 8.0% from 2022 to 2030. Patients with diabetes and their healthcare professionals benefit significantly from Blood Glucose Monitoring Devices (BGMD). BGMD is becoming more widely accepted as an important component of intensive diabetic treatment. It allows diabetic patients to measure their blood sugar levels within minutes with ease and convenience wherever they are. The continuous glucose monitoring (CGM) devices help analyze the blood glucose level continuously and in real-time. It also helps patients determine the level of dietary intake and dosage of insulin. In addition, factors such as sedentary lifestyles including consumption of junk food, alcohol, and smoking, and a surge in the need for safer and faster di...