The Indian skincare dermacosmetics market was valued at $750.3 million in 2019. According to the forecast of P&S Intelligence, a market research firm based in India, the market will generate a revenue of $1,758.0 million by 2030. Furthermore, the market will advance at a CAGR of 8.5% between 2020 and 2030. The prominent factors driving the advancement of the market are the rising incidence of skin diseases and the growing public consciousness toward looks and appearance.

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Compared to 7.7 billion in 2019, the earth would be home to 9.7 billion people by 2050, says the United Nations, in its 2019 World Population Prospects report. With population boom, the demand for everything, be it food, water, clothes, housing, or medicines, will rise too. Plus, with the prevalence of chronic diseases surging, prescription as well as over-the-counter (OTC) drugs are needed more than ever. This is leading to huge investments in the pharmaceutical industry, wherein new…

The North American aromatherapy market is predicted to reach a value of $1,639.9 million, increasing from $763.7 million in 2019, progressing at a 7.6% CAGR during the forecast period (2020–2030), as per a report by P&S Intelligence. The market is growing due to the rising preference of consumers towards natural products, surging disposable income, increasing occurrence of skin diseases, and growing prevalence of lifestyle diseases. On the basis of product, the market is divided into…

According to a report by P&S Intelligence on Healthcare Ecosystem Insights, the healthcare industry in the U.S. is predicted to generate a revenue of $5,605.5 billion by 2024, advancing at a 6.6% CAGR during the forecast period.

The growth of the industry in the U.K. Japan, China, the U.S., France, and Singapore is occurring due to the government initiatives & enhanced healthcare infrastructure, rising prevalence of chronic diseases, increasing adoption of healthcare…

A number of factors, such as the surging prevalence of obesity due to lifestyle changes, growing awareness about bariatric surgeries among people across the world, government support for research programs, technological advancements in obesity surgery devices, and rising need for minimally invasive surgeries, are projected to boost the growth of the obesity/bariatric surgery devices market at a CAGR of 9.9% in the forecast period (2017–2023). At this rate, the market size is expected to…

The demand for point of care testing (POCT) is increasing across the globe because of the growing aging population, rising prevalence of chronic diseases, and lifestyle changes. POCT is the performance of a test nearby to the site of the patient care for providing immediate results outside the traditional laboratory environment. In addition to this, diagnostic companies, such as Alere, Abaxis, and Cepheid, have started recognizing the potential of quick molecular diagnostic testing, which…

Due to the rising incidence of delayed pregnancies in women, the increasing global infertility rates, rapid technological advancements, the surging gamete donations, and the soaring disposable income, the global in vitro fertilization (IVF) devices and consumables market is predicted to demonstrate huge expansion in the coming years. According to the observations of P&S Intelligence, a market research company based in India, in emerging economies, one out of every four couples are…

As per a report by P&S Intelligence, the global minimally invasive surgical instruments market is predicted to reach a value of $53.1 billion in 2023, increasing from $28.7 billion in 2016, and is projected to progress at a 9.3% CAGR during the forecast period (2017–2023). The market is growing due to the rising prevalence of chronic diseases, increasing geriatric population, surging requirement for minimally invasive surgeries, and rising government healthcare expenditure across the…

Around the world, 235 million people have asthma and 64 million have chronic obstructive pulmonary disease (COPD), as per the World Health Organization (WHO). The major causes of these highly morbid diseases are air pollution and exposure to cigarette smoke, chemicals, and dust. Additionally, every year, more children are suffering from these diseases than ever, which has led governments to take initiatives to reduce air pollution and discourage people against tobacco smoking.

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The global personal protective equipment market is predicted to exhibit huge expansion in the coming years, as per the estimates of P&S Intelligence, a market research company based in India. The implementation of strict regulations regarding occupational safety and health is one of the biggest factors responsible for the advancement of the market. The growing public awareness of personal safety at workplaces is another major factor driving the progress of the market.

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The global hysteroscope market is predicted to generate a revenue of $295.5 million in 2022, advancing at a 4.5% CAGR during the forecast period (2016–2022). The market is witnessing growth due to the surging female geriatric population, rising prevalence of cases with abnormal uterine bleeding, increasing demand for minimally invasive treatment, and growing infertility cases due to changes in lifestyle. Hysteroscope is a telescope like device which is utilized for the treatment of different…

The global photoacoustic imaging market attained a valuation of $39.8 million in 2019 and is predicted to generate a revenue of $279.3 million by 2030. The market is also predicted to progress at a CAGR of 20.3% between 2020 and 2030. The rising prevalence of chronic diseases, soaring geriatric population, and rapid technological advancements are the main factors driving the sales of photoacoustic imaging software and systems, which is, in turn, fueling the progress of the market across the…

Due to the increasing incidence of chronic diseases, surging demand for minimally invasive procedures, rising elderly population, and technological advancements, the interventional radiology market is projected to demonstrate a CAGR of 6.4% during the forecast period (2019–2024). The market generated $19.0 billion revenue in 2018, which is expected to reach $27.3 billion by 2024. This market is also led by strategic measures, such as product launches and marketing approvals.

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The global point-of-care ultrasound (PoCUS) devices market had a valuation of $2,096.6 million in 2019 and it is predicted to advance at a CAGR of 7.4% between 2020 and 2030. According to the estimates of the market research firm, P&S Intelligence, the market will generate a revenue of $4,494.4 million by 2030. The surging healthcare expenditure in various countries, the soaring geriatric population, and the rising incidence of chronic diseases are the main factors driving the…

In 2018, the global wound care biologics market generated a revenue of approximately $1.4 billion and is expected to reach a valuation of $2.0 billion by 2024, advancing at a CAGR of 7.0% from 2019 to 2024, as per P&S Intelligence, an Indian market research company. The main factors responsible for the market growth are the increasing prevalence of burn cases, soaring geriatric population, increasing public awareness about wound care management and treatment, surging research and…

The global laboratory information system (LIS) market is predicted to demonstrate huge expansion in the coming years. The ballooning requirement for integrated information systems and devices in the healthcare industry, huge investments being made in technology by healthcare firms, and the increasing number of government initiatives being launched in several countries around the world are the major factors fueling the progress of the market. These initiatives are aimed at promoting the usage…

The global internet of things (IoT) in healthcare market generated a revenue of $56.1 billion in 2017 and is predicted to attain a valuation of $267.6 billion by 2023. According to the estimates of the market research firm, P&S Intelligence, the market will progress at an explosive CAGR of 30.2% between 2018 and 2023. The prominent factors driving the market are the rising investments, penetration of connected home appliances, geriatric population, incidence of chronic diseases, adoption…

In 1992, merely 25% of the Colombian population had insurance coverage, and by 2016, this percentage had risen to 96%! This reflects the strong commitment of private and public companies in this small South American nation to offering citizens affordable healthcare, which is a basic human right. With insurance, the majority of the people in the nation can access clinics, hospitals, and a range of healthcare services, one of the most important of which is the treatment of wounds. Such…