May 2nd, 2023Global electric wheelchair market is growing with a profitable CAGR of 10.6% during the forecast period from 2023-2031, estimated to reach a valuation of US$ 16,411.28 Mn by 2031, up from US$ 6,999.15 in 2022 owing to the growing need for mobility and accessibility solutions for people with disabilities and mobility...
May 2nd, 2023The global genomic testing market is expected to grow from US$ 13.7 billion in 2022 to US$ 30.08 billion by 2031, at a CAGR of 9.54% over the forecast period of 2023–2031. This is brought about by better patient outcomes, increased drug discovery, and decreased healthcare expenses.
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May 2nd, 2023Due to the rising prevalence of chronic diseases, the United States clinical laboratory services market is likely to increase from US$ 93.0 billion in 2022 to US$ 125.6 billion by 2030, at a CAGR of 4.2% over the forecast period of 2023–2030.
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April 30th, 2023Global rapid microbiology testing market is likely to witness the highest CAGR of 9.24% from 2023-2031. The market revenue was US$ 4.3 billion in 2022 and is estimated to record a revenue of US$ 8.8 billion by 2031, driven by increasing demand for faster and more accurate testing methods in various industries.
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April 27th, 2023Due to rising demand for personalized medicine, effective drug discovery, and an increase in the prevalence of chronic diseases, the global organoids and spheroids market is anticipated to experience significant growth, with a CAGR of 22.42%, reaching a valuation of US$ 4,567.0 Million by 2031, up from US$ 771.4 Million in 2022.
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April 26th, 2023Global absorbable heart stents market is estimated to increase at a substantial rate of 12.02% between 2023 and 2031, reaching US$ 822.7 million in revenue by 2031 from US$ 307.1 million in 2022. This is due to the increasing incidence of coronary artery disease, the growing use of minimally invasive techniques, and the aging of the...
April 26th, 2023With various trends and variables anticipated to fuel its growth in the upcoming years, the Asia Pacific Pharmaceutical Contract Development and Manufacturing Organization (CDMO) market has a bright future, recording a CAGR of 9.9% from 2023 to 2031. The market is expected to increase from US$ 60.82 billion in 2022 to US$ 140.03 billion...
April 26th, 2023Due to the rising demand for precise and reliable diagnostic tests, the adoption of cutting-edge diagnostic technologies, and the increasing prevalence of chronic diseases, the Asia Pacific in-vitro diagnostics market is estimated to grow at a CAGR of 4.67% from 2023 to 2031 and reach a valuation of 23.01 billion by 2031, up from US$...
April 24th, 2023Due to the rising need for non-invasive imaging techniques for drug development, disease diagnostics, and research, the global preclinical imaging market has enormous potential. The preclinical imaging market has been expanding consistently and is likely to keep doing so in the years to come. The market had a value of US$ 1,873.6 million...
April 24th, 2023The inhaled nitric oxide market is likely to expand rapidly over the next several years, with a CAGR of 6.64%. According to our analysis, the global inhaled nitric oxide market revenue was US$ 246.07 million in 2022 and is likely to reach US$ 426.88 million in value by 2031 as a result of its rising use in the healthcare sector to treat...
April 24th, 2023Due to the increased frequency of respiratory disorders and the growing elderly population, the mechanical ventilator market is likely to expand significantly over the next years with a CAGR of 8.16%. Additionally, according to our estimate, the global mechanical ventilator market will grow from a US$ 4,577.82 million valuation in 2022...