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Makarand Mukund Vaidya's Blog – November 2023 Archive (4)

Medical Equipment Maintenance Market worth $80.7 billion by 2028

Major Growth Influencing Factors:

Factors such as growth in the associated equipment markets, rising focus on preventive medical equipment maintenance, increasing purchase of refurbished medical systems, and adoption of innovative funding mechanisms are high growth prospects for the medical equipment maintenance market during the forecast period. Moreover, the market is also driven by the increasing adoption of patient-specific medical devices and a growing number of medical…

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Added by Makarand Mukund Vaidya on November 29, 2023 at 5:46am — No Comments

Human Microbiome Market: Revenue Growth in Near Future will be at CAGR of 36.1%

Major Growth Driver: Collaborative efforts between microbiome industry and academia for microbiome research

The microbiome industry and academia have forged collaborative efforts to advance microbiome research. This partnership leverages the expertise and resources of both sectors to unravel the complex interactions between microbes and their hosts. Industry provides valuable funding, technological innovations, and access to large-scale datasets, while academia contributes…

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Added by Makarand Mukund Vaidya on November 29, 2023 at 5:12am — No Comments

Active Pharmaceutical Ingredient Market worth $216.4 billion by 2027

Major Growth Driver:

The production capacity expansions by pharmaceutical and biopharmaceutical players, the growing importance of generics, and technological advancements in API manufacturing are some of the major factors driving the growth of this market.

Restraint: Unfavorable drug price control policies

Most nations control pharmaceutical manufacturer prices, either directly (France and Italy) or indirectly (Germany and Japan), through restrictions on…

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Added by Makarand Mukund Vaidya on November 29, 2023 at 4:44am — No Comments

Global Healthcare IT Market Projected to Grow at CAGR of 19.8% to be Worth $974.5 Billion by 2027

Major Growth Driver: growing adoption of e-prescribing, telehealth, mHealth, and other HCIT solutions.

The pandemic has resulted in a significant increase in the burden on healthcare organisations across the globe. Healthcare facilities face immense pressure to create a well-coordinated environment where all clinical devices are connected internally and the organisation operates in coordination with other healthcare units.

According to Worldometer, there were around 650…

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Added by Makarand Mukund Vaidya on November 29, 2023 at 4:17am — No Comments

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