Driver: Increasing research activities and funding

The R&D sector has conventionally remained capital-intensive due to long development periods and approval cycles. R&D investment occupies a prime position in global expenditure. Governments recognize R&D as a crucial investment for a nation’s progress, international competitiveness, and public benefit. Due to this, R&D expenditure and funding witnessed a steady increase over the years. According to the R&D Magazine…

Orthobiologics Market Overview:

Between 2017 and 2022, the Orthobiologics Market is estimated to increase at a CAGR of 5.4 percent. The orthobiologics market is being driven by factors such as the rising burden of orthopaedic injuries, the rising incidence of sports injuries and road accidents, the rising incidence of spinal fusion surgeries, risk factors associated with the ageing population, obesity rate, and high incidence of musculoskeletal disorders, and the growing patient…

Healthcare IT Consulting Services Market Overview:

The HCIT Consulting Services Market is estimated to grow at a 19.8% CAGR from USD 18.38 billion in 2017 to USD 45.42 billion in 2022. Growing healthcare digitization, rapid changes in the HCIT landscape, government support for healthcare IT solutions, rising HCIT expenditure, a scarcity of skilled IT professionals in healthcare, increasing venture capital investments in health IT, and a growing need for data security are all expected…

Overactive Bladder Treatment Market Overview:

The market for overactive bladder treatment is expected to grow at a CAGR of 2.9 percent from USD 3.63 billion in 2017 to USD 4.19 billion by 2022. With only a few regional and national companies, this market is highly consolidated. In 2016, Astellas Pharma, Inc. (Japan) and Pfizer, Inc. (United States) led the overactive bladder therapy market, accounting for roughly 60% to 70% of the total market share.

In 2016, Astellas Pharma,…

Orthopedic Software Market Overview:

The Orthopedic Software Market is expected to grow at a CAGR of 7.8% from 2020 to 2025, from USD 311 million in 2020 to USD 454 million in 2025. The rising incidence of orthopaedic conditions due to the growing geriatric population, the increasing pressure to improve the quality of care and reduce healthcare costs, the rising adoption of EHRs and other eHealth solutions, and the growing demand for minimally invasive treatments are all driving this…

Medical Tapes and Bandages Market Overview:

The Medical Tapes and Bandages Market is expected to grow at a CAGR of 4.0 percent to USD 8.6 billion by 2026, up from USD 7.1 billion in 2021. The rising number of operations, the rising frequency of chronic wounds, and the growing geriatric population are likely to propel the medical tapes and bandages market forward over the forecast period. In the approaching years, however, increased knowledge of improved wound care products is…

Influenza Diagnostics Market Overview:

The Influenza Diagnostics Market is projected to reach USD 1.1 billion by 2026 from USD 0.8 billion in 2021, at a CAGR of 7.7%. Market growth is driven by rising demand for rapid disease diagnosis, increasing prevalence of influenza and growth in influenza research for diagnostic technologies.

The global influenza diagnostics market is projected to reach USD 1.1 billion by 2026 from USD 0.8 billion in 2021, at a CAGR of 7.7% during the…

Clinical Trials Market Overview:

The Clinical Trials Market is projected to reach USD 52.0 billion by 2026 from USD 38.7 billion in 2021, at a CAGR of 6.1% during the forecast period. The growing demand for biosimilars and biologics, rising adoption for specialized testing services, and increasing preference for outsourcing clinical trials from emerging Asian markets offer significant growth opportunities for players operating in the market.

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Plasma Fractionation Market Overview:

The Plasma Fractionation Market size is projected to reach USD 39.5 billion by 2025 from USD 28.6 billion in 2020, at a CAGR of 6.7% during the forecast period. Market growth is driven mainly by factors such as growing use of immunoglobulins in various therapeutic areas, increase in plasma collection (and the number of plasma collection centers), rising geriatric population and the growing prevalence of respiratory diseases and alpha-1-antitrypsin…

Analytical Standards Market Overview:

The Analytical Standards Market size is projected to reach USD 1.7 billion by 2025 from USD 1.3 billion in 2020, at a CAGR of 6.3% during the forecast period. The global analytical standards market offers rising public concerns related to optimal food safety and quality, growing applications of analytical techniques in proteomics & metabolomics, and greater regulatory emphasis on effective pollution monitoring & control are some of the key…