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Snehal Shaha's Blog – June 2022 Archive (21)

Illumina, Inc. and Thermo Fisher Scientific are the Kay Players in the Genomics Market

The major factors driving the growth of Genomics Market include the increasing government funding to support genomics projects, the growing incidence of cancer and increasing applications of NGS in cancer research, the entry of new players and start-ups in the genomics market, and the growing application areas of genomics.

The global Genomics Market is projected to reach USD 54.4 billion by 2025 from USD 22.7 billion in 2020, at a CAGR of 19.0% during the forecast period.

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Added by Snehal Shaha on June 30, 2022 at 9:51am — No Comments

Fresenius Medical Care AG & Co. KGaA and Baxter International, Inc. Leading Players in the Hemodialysis and Peritoneal Dialysis Market

The increasing incidence of chronic kidney disease, the availability of advanced dialysis, machines disposables and replacement fluids, and increasing government initiatives to increase the accessibility of dialysis treatment and growing adoption home hemodialysis are expected to drive market growth in the coming years

The global Hemodialysis and peritoneal dialysis market size is projected to reach USD 105.1 billion by 2026 from USD 76.9 billion in 2021, at a CAGR of 6.4 % during the…

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Added by Snehal Shaha on June 29, 2022 at 8:30am — No Comments

Wearable Injectors Market: Increasing demand for biologics and mAbs

A growing focus on the use of biologics and mAbs to treat diseases such as rheumatoid arthritis, cardiovascular disease, and cancer will provide significant growth opportunities for wearable injectors, as these drugs need to be administered via the parenteral route (intravenous, subcutaneous, or intramuscular delivery). According to PhRMA (Pharmaceutical Research and Manufacturers of America), as many as 907 biologics were in development in 2013; the number of biologic drugs in development…

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Added by Snehal Shaha on June 28, 2022 at 9:39am — No Comments

Microtome Market: Rising prevalence of cancer

The growth of Microtome market is majorly driven by rising prevalence of cancer, growing demand for digital pathology, recommendations for cancer screening, availability of reimbursement. However, Lack of skilled professionals, and availability of refurbished products are some of the challenges for which may hinder the growth of Microtome market.

The global Microtome Market is expected to reach USD 585 million by 2027 from USD 425 million in 2022, at a CAGR of 6.6% during the forecast…

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Added by Snehal Shaha on June 27, 2022 at 7:57am — No Comments

Animal Antibiotics and Antimicrobials Market: Rising demand for animal-derived food products

The animal antibiotics market growth can largely be attributed to the rising demand for animal-derived food products, increasing incidence of zoonotic diseases, and the implementation of regulations to prevent the spread of animal diseases. Rising animal healthcare spending and the growing demand for pet insurance are further expected to drive the growth of this market. The untapped emerging markets such as China, India, and Brazil and growth in the overall companion animal population are…

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Added by Snehal Shaha on June 24, 2022 at 8:48am — No Comments

ECG Cables and Lead Wires Market: Increasing prevalence of cardiovascular diseases

Market growth is driven by factors such as rising geriatric population, increasing prevalence of cardiovascular diseases (CVD), technological advancements, and implementation of favorable government regulations in developed countries.

The global ECG cables and lead wires market is projected to reach USD 3.0 billion by 2026 from USD 2.1 billion in 2021, at a CAGR of 7.5% during the forecast period.

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Added by Snehal Shaha on June 23, 2022 at 8:18am — No Comments

Nuclear Imaging Equipment Market: Growing demand for data integrated imaging systems

The growth in Nuclear Imaging Equipment Market is mainly driven by the shift from standalone to hybrid modalities, advances in radiotracers, the increasing focus on personalized medicine, investments through public-private partnerships to modernize diagnostic imaging centers, and the increasing incidence and prevalence of cancer and cardiac ailments. However, the high cost of nuclear imaging equipment is expected to limit the growth of this market.

The nuclear imaging equipment market…

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Added by Snehal Shaha on June 22, 2022 at 8:06am — No Comments

Molecular Quality Controls Market: Increasing number of accredited clinical laboratories

The growth of Molecular Quality Controls Market is primarily driven by factors such as the rising adoption of third-party quality controls, increasing number of accredited clinical laboratories, the rising demand for external quality assessment support, increasing government funding to support genomics projects, increasing demand for personalized medicines and declining costs of sequencing procedures and increasing prevalence of infectious diseases, cancer & genetic diseases.

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Added by Snehal Shaha on June 21, 2022 at 8:18am — No Comments

What is the estimated growth rate of the High-performance Liquid Chromatography (HPLC) Market for the next 5 years?

The growth in high-performance liquid chromatography market is driven by high sensitivity &accuracy of the HPLC technique, the growing importance of HPLC tests in drug approvals, the rising popularity of hyphenated techniques, and increasing pharmaceutical R&D spending. However, the high cost of HPLC systems is expected to restrict market growth to a certain extent.

The global high-performance liquid chromatography market size is projected to reach USD 5.7 billion by 2025 from…

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Added by Snehal Shaha on June 20, 2022 at 7:52am — No Comments

Research Antibodies & Reagents Market: Trends and Opportunities

The growth is due to evolution of market owing to factors such as growth in proteomics and genomics research, rising demand for high-quality antibodies for research reproducibility, and increasing R&D activity and expenditure in the life sciences industry. Fueled by the growing demand for personalized medicine and structure-based drug design, the global research antibodies and reagents market is expected to witness significant growth in the coming years.

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Added by Snehal Shaha on June 17, 2022 at 7:54am — No Comments

Pharmaceutical Filtration Market: Trends and Developments

The Growth in the pharmaceutical filtration market can be attributed to factors such as the growing biopharmaceutical industry, rising R&D spending in pharmaceutical & biotechnology industries, an increasing adoption of single-use technologies, a rising number of new product launches by leading market players, increasing purity requirements in end user segments, and increasing advances in nanofiber technology.

The global Pharmaceutical Filtration market is projected to reach…

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Added by Snehal Shaha on June 16, 2022 at 8:50am — No Comments

Pharmaceutical Membrane Filtration Market: Increasing usage of single-use technologies

The major factors driving the growth of Pharmaceutical Membrane Filtration Market are the increasing adoption of single-use technologies and the growing demand for nanofiltration. Geographical expansion in countries such as Singapore, France, China, and India and the demand for polyamide track-etched membranes in ultrafiltration are likely to provide growth opportunities for players in the market.

The global pharmaceutical membrane filtration market is projected to reach USD 10.2…

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Added by Snehal Shaha on June 15, 2022 at 8:12am — No Comments

Urology Devices Market: Rising incidence and prevalence of urological conditions

Over the last few decades, the incidence and prevalence of urological conditions, such as chronic kidney disease (CKD), end-stage renal disease (ESRD), urinary incontinence, kidney and ureteral stones, and bladder and prostate cancer, have increased significantly across the globe. According to the Global Forum on Incontinence, 4−8% of the global population (approximately 400 million people) were affected by urinary incontinence in 2018. Urology-related consumables such as urinary catheters…

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Added by Snehal Shaha on June 14, 2022 at 8:41am — No Comments

What are the major drivers in the laboratory proficiency testing market?

The growth of laboratory proficiency testing market is primarily driven by factors such as it forms an essential precondition for operational excellence and accreditation in several industries. Also, the increasing number of laboratory accreditations, stringent safety and quality regulations for food and pharmaceutical products and the increasing focus on water testing are the other major factors supporting market growth. However, the requirement of high capital investments for accurate and…

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Added by Snehal Shaha on June 13, 2022 at 9:30am — No Comments

Benign Prostatic Hyperplasia Treatment Market: Increasing prevalence of benign prostatic hyperplasia

The growth of Benign Prostatic Hyperplasia Treatment Market is driven by the increasing prevalence of benign prostatic hyperplasia, the rising preference for minimally invasive surgeries, increasing obesity rate, and investments, funds, and grants for research in the field of BPH treatment.

The Benign prostatic hyperplasia treatment market is projected to reach USD 14.1 billion by 2026 from USD 10.8 billion in 2021, at a CAGR of 5.3% from 2021 to 2026.

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Added by Snehal Shaha on June 10, 2022 at 7:20am — No Comments

What are the major drivers and challenges in the Isothermal Nucleic Acid Amplification Technology market?

Factors such as the rising prevalence of infectious diseases and the introduction of newer pathogens, the need for prompt diagnosis, the increasing number of blood transfusions and donations, and the cost-benefits of INAAT are the key factors driving the market growth.

The Isothermal Nucleic Acid Amplification Technology/INAAT Market is expected to grow from USD 1.9 billion in 2019 to USD 3.3 billion by 2024, at a CAGR of 11.0% during the forecast period.

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Added by Snehal Shaha on June 8, 2022 at 8:30am — No Comments

Surgical Robots Market: Advantages of robotic-assisted surgery

The Growth in surgical robots market is primarily driven by the advantages of robotic-assisted surgery, technological advancements in surgical robots, the increasing adoption of surgical robots, and increased funding for medical robot research. The companies have a large market spread across various countries in North America, Europe, Asia Pacific, and the Rest of the World.

The global surgical robots market size was valued at USD 6.4 billion in 2021 and is expected to grow at CAGR of…

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Added by Snehal Shaha on June 7, 2022 at 8:24am — No Comments

Label-free Detection Market to witness major growth in coming years

The Growth in label-free detection market is largely driven by the introduction of technologically advanced products, a growing number of drug discovery programs through academic-industrial partnerships, and the high sensitivity of label-free technologies.

The global Label-free detection market size is estimated to be USD 431 million in 2020 and projected to reach USD 626 million by 2025, at a CAGR of 7.7%.

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Added by Snehal Shaha on June 6, 2022 at 9:15am — No Comments

Digital X-ray Market: Technological advancements and product development

The major factors driving the growth of Digital X-ray Market include the increasing geriatric population and growth in disease incidence as well as favorable government regulations, investments, and initiatives. The advantages of digital X-ray systems have played a key part in their adoption; their speed and accuracy, as well as quick processing times, allow for significantly higher patient screening volumes than earlier. This has pushed companies to focus on product development and…

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Added by Snehal Shaha on June 3, 2022 at 9:56am — No Comments

Nucleic Acid Isolation and Purification Market: Technological advancements and Developments

The growth of Nucleic Acid Isolation and Purification Market can mainly be attributed to the increasing R&D activities as well as technological advancements and increasing automation. On the other hand, the high cost of automated instruments is expected to hinder the growth of the market.

The global nucleic acid isolation and purification market is projected to reach USD 4.8 billion by 2025 from USD 3.2 billion in 2020, at a CAGR of 8.9% during the forecast period.

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Added by Snehal Shaha on June 2, 2022 at 8:25am — No Comments

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