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Showing posts from April, 2023

Africa Medical Devices Market Trends, Growth Opportunities, Demand and Forecasts, 2020-2027

  Africa Medical Devices Market The Africa medical devices market to reach around $ 7069.61 million from $ 4900 million in 2027, by the end of the forecast period at a CAGR of ~ 6.3 %. The Africa Medical Devices market trends is growing with a steady pace; mainly due to the rapidly growing middle income group, increasing healthcare expenditure, increasing number of medical tourists, proliferation of hospitals, government programs and support, and increasing incidence of lifestyle diseases. Moreover, rising economic growth also drive the market in this region. According to the World Bank Group, in 2016, GDP of the Middle East & North Africa experienced the growth in GDP by 4.89%. It is expected that Africa’s macroeconomic climate over the next decade will expand the health care gap, as higher incomes will create new demand for the medical devices market. Companies are continuously engaged in merger and acquisition activities for the development of the best medicine to cure a

What is the regional analysis of Clinical Laboratory Test Market?

  Clinical Laboratory Test Market Highlight The Clinical Laboratory Test market is growing mainly due to growing awareness and rising adoption of anti-inflammatory drugs. According to a recent study report published by the Market Research Future, the Clinical Laboratory Test market is booming and expected to gain prominence over the forecast period. The clinical laboratory test market size was valued USD 189 Billion in 2021 and expected to reach USD 325 billion by 2030 at 6.9% CAGR during the forecast period 2022-2030. Clinical laboratory test market has emerged as the most growing segment of healthcare over the past few years. Clinical laboratory testing includes all routine check-ups and other pathology tests for the diagnosis of various diseases ranging from CBC and other routine blood test, anatomical pathological testing, molecular, immunological, drug testing and other tests for disease diagnosis and treatment. CBC and other routine blood tests are the most common type of t

What is the regional analysis of Aesthetics Market?

  Aesthetics Market Overview   The global aesthetics market, during the forecast period 2022 to 2030, will register growth at a CAGR of 13.92%. The market for aesthetics is set to reach USD 320 billion by 2030. As per analysts, the global market is anticipated to witness growth owing to the factors such as non-invasive and minimally invasive aesthetic procedures as well as the demand for non-invasive and minimally invasive aesthetic procedures. However, the aesthetics market will face challenges and restraints due to risks associated with aesthetic procedures and the growing demand for advanced devices during the forecast period 2022 to 2030. Emergence of technically innovative devices in the market is set to play a key role in determining the growth potential during 2022 to 2030 years. Analysts have also studied the aesthetics market to understand potential threats and challenges the market companies could face. Although the aesthetics market is poised to grow at a fast pace acros

What is the regional analysis of Traumatic Brain Injuries Treatment Market?

  Traumatic Brain Injuries Treatment Market Highlights: Traumatic brain injury (TBI) occurs from a violent blow or head injury that disturb the normal functioning of the brain. Every year TBI contributes to a substantial number of death and permanent disability. Elder age population holds the largest share of global traumatic brain injuries treatment market due to increasing incidence of road accident and high rate of hospitalization and is expected to grow staidly during the forecast period. Whereas based on treatment, medication (drug) segment holds the highest share of this market. Increasing incidences of road traffic injury and the government initiatives to fund for traumatic brain injuries project will boost the traumatic brain injuries treatment market during assessment period. Traumatic Brain Injuries Treatment market size is projected to reach USD 2,900 Million by 2030 at 8.50% CAGR during the forecast period 2022-2030. However, high cost of treatment and devices may ha

What is the regional analysis of Medical Marijuana Market?

  Medical Marijuana Market Highlights The medical marijuana market size is projected to reach USD 248.42 billion by 2030 at a CAGR of 31.97%. As per medical marijuana market analysts, the global market is anticipated to witness growth owing to the factors such as the growing awareness about the benefits of medical marijuana as well as the increasing legalization of marijuana. However, the medical marijuana industry will face challenges and restraints due to stringent approval procedures and the presence of strict approval procedures during the forecast period 2022 to 2030. The expansion of the cannabis industry to prevent cancer in the medical marijuana will support the growth. As per medical marijuana market analysts, the medical marijuana-based companies will face certain challenges during the forecast period 2022 to 2030. The medical marijuana market research report provides in-depth analysis of the application, distribution channel, and product type segments. The medical mariju

What is the regional analysis of Pharmaceutical Grade Lactose Market?

  Pharmaceutical Grade Lactose Market Highlights Pharmaceutical grade lactose has been used as an excipient for more than a century. Because of its versatility, it is the backbone of many successful formulations. It is produced by concentrating whey or permeate (a co-product of whey protein concentrates production) to over-saturate the lactose, then removing, refining, drying, and milling the lactose crystals. Pharmaceutical grade lactose market is produced to meet rigid specifications, such as specific form and size distribution, monohydrate, crystalline, 40 mesh to 325 mesh, and a spray-dried mixture of crystalline and amorphous lactose for all applications. The pharmaceutical grade lactose market size is projected to reach USD 183 Million by 2030 at 4.40 % CAGR during the forecast period 2022-2030. Segment Analysis The global pharmaceutical grade lactose market outlook has been segmented based on type, and application. The market, based on type, has been segmented into Cr

What are the regional analysis of Lung Cancer Market?

  Lung Cancer Treatment Market Overview The Lung Cancer Market is estimated to record a CAGR of 9.11% and is slated to reach USD 3,0570 million by the end of the forecast period by 2030.  Market Dynamics The rise in long-term cigarette smoking is to blame for the rise in lung cancer cases, which now account for nearly 85 percent of all cancer cases worldwide. The rise in environmental pollution is a serious issue that necessitates more policies to combat it. High levels of ozone, on the other hand, have been related to a higher rate of cancer detection in people who have been exposed to it for a longer period of time. The diagnosis of cancer cases has improved, making lung cancer therapies such as chemotherapy and surgery more accessible than before, improving the lung cancer care market share during the forecast period. Several insurance companies are expected to expand to provide cancer-related treatment and care over the forecast period, boosting the lung cancer therapeutics i

What are the regional analysis of Medical Implants 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. The trend is anticipated to perpetuate in the