Posts

Showing posts from March, 2023

What is the market size of Negative Pressure Wound Therapy Market?

  Negative Pressure Wound Therapy Market Highlights: The   negative pressure wound therapy market size was volumed at USD 2.5 billion in 2022 and is expected to rise from USD 2.6 Billion in 2023 to USD 3.7 billion by 2030, exhibiting a compound annual growth rate (CAGR) of 6.10% during the forecast period (2023 - 2030). The report profiles the global negative pressure wound therapy market’s historical statistics to provide reliable insights and predictions into the global negative pressure wound therapy market’s likely growth trajectory over the forecast period. Key players and leading segments in the global negative pressure wound therapy market are also profiled in the report to provide readers with an accurate picture of the market’s inner dynamics. Negative pressure wound therapy is carried out by covering a wound in a special sealed dressing and exposing it to a vacuum, which draws out pus and other such residue and helps clarify the wound by improving blood circulation in the

What is the healthcare claims management market growth?

  Healthcare Claims Management Market Highlights Healthcare claims management process comprises of various tasks such as organization, billing, filling, updating, and processing of medical claims related to the diagnosis, treatment, and medication of patients. The healthcare claims management market is driven by factors such as improved focus on quality healthcare services and adoption of cloud-based technology related services. However, integration of claims management solutions, data breaches, loss of confidentiality, and lack of skilled IT professionals in healthcare are some of the factors restraining the growth of this market.  The global healthcare claims management market research report is currently dominated by many market players. The key players in the market are engaged in new product launches and strategic collaborations to strengthen its market position. For instance, IBM’s IPD Ultra for Disability Claims provides an integrated “disability claims management workbench

Cardiac Monitoring and Cardiac Rhythm Management Market Share, Trends, Leading Players, Business Overview, Sales Statistics and Outlook by 2030

  Cardiac Monitoring and Cardiac Rhythm Management Devices Market Highlights The increasing demand for minimally invasive surgeries drives the growth of this market. Advanced technologies in cardiac monitoring and cardiac rhythm management devices have also led to growth in this market.  However, factors such as stringent regulatory approval procedures, the high cost of cardiac devices, and lack of reimbursement policies in developing countries are hindering the growth of the market. Rising prevalence of cardiovascular diseases and the increasing number of unmet medical needs in undeveloped countries are leading to the growth of the cardiac monitoring and cardiac rhythm management device market . Technical advancements in drug-eluting, MRI compatible pacemakers, and Holter monitors are some of the factors leading to the growth of this market. The growth of the global cardiac monitoring device market is driven by the high prevalence of cardiovascular disorders worldwide. Cardiac m

What is the growth rate of the kidney function tests market?

  Kidney Function Test Market Highlights The increasing prevalence of chronic kidney diseases, increase in alcohol consumption, change to sedentary lifestyle, growing prevalence of diabetes, rising obesity, and increasing prevalence of cardiovascular diseases are the key factors for the market to grow. However, factors such as high cost of diagnostic procedures, infections, and huge initial investments are expected to restrict the market growth during the forecast period. The Kidney Function Test Market is anticipated to reach USD 795.4 Million by 2030 at 6.20% CAGR during the forecast period 2022-2030. Regional Analysis The Americas is expected to dominate the kidney function test market during the forecast period. The rise in the occurrence of chronic kidney diseases drives the market in this region. According to the Centres for Disease Control and Prevention (2017), 30 million Americans are affected by chronic kidney disease. It is also mentioned that CKD is more prevalent i

How much is the Drug Discovery Services market?

  Drug Discovery Services Market Highlights: Drug Discovery Services refer to as the outsourcing the process of development of a new medicine. These services minimize the costs and timelines of drug discovery. The most common methods employed for drug discoveries are molecular manipulation, drug metabolites, random screening, molecular designing, and serendipity. The Global Drug Discovery Services Market is growing at a rapid pace, mainly due to the burgeoning healthcare sector.  The market is predominantly driven by the augmented demand and supply for the medicines, the generic drugs, and the growing number of patents expires. Additionally, factors such as increasing geriatric population, and technological advancements in the medicinal field escalating the market on the global level. Acknowledging the ascending graph of the growth, the market is climbing constantly, Market Research Future (MRFR), the Drug Discovery Services Market Size was valued at USD 19.2 billion in 2022.

How big is the medical implant market?

  Medical Implants Market Synopsis: Market Research Future (MRFR)’s latest report projects that the medical implant market is projected to register a CAGR of 7.60% from 2020 to 2027. The medical implant market size is expected to reach approximately USD 279,418.06 million by 2027. The widening range of application of medical implants in the healthcare sector is anticipated to fuel demand in the market over the next couple of years. The key drivers of the medical implants market accelerating the revenue creation for market participants include the adoption of implants by patients, rising prevalence of chronic diseases, increasing aging population, etc. The rising investments in the development of medical implants are expected to favour the growth of the medical implants market in the forthcoming years. The increasing awareness about repairs and preventive care of the human body has catalysed the growth of the medical implants market trends . The trend is anticipated to perpetuate

How big is the cryotherapy market?

  Global Cryotherapy and Cryosurgery Market   - Overview Cryotherapy, this medical practice has been used since ages. Cryotherapy and cryosurgery both these medical processes are carried on using low temperature. Cryotherapy treatment uses extreme cold temperature. Cryosurgery is a part of cryotherapy that used to destroy or remove disease tissues. It is used to cure some types of cancer and to remove skin tags warts, moles etc. Cryotherapy is very useful in treating skin problems, heart diseases, injuries, improving immunity, increasing blood pressure etc. Cryotherapy is also widely used for treating sport related injuries. Continuous innovation and technological advancement are leading the growth of cryotherapy and cryosurgery market. Increasing awareness and consciousness about skin and related diseases are also driving the growth of this market along with increasing number of cancer treatments. Cryotherapy and cryosurgery market trends is growing moderately. According to a rec