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Sterility Testing Market Present Scenario, Key Vendors, Industry Share and Growth Forecast up to 2027
The global sterility testing market is likely to touch USD 1,245.2 million at an 11.7% CAGR between 2017- 2023, according to the new report by Market Research Future (MRFR). Sterility testing is a necessary and critical test that is performed by qualified and trained laboratory personnel for assessing whether sterilized pharmaceutical products are free against contaminating microorganisms. This test is essential to detect the presence of viable forms of microorganisms in or the pharmacopeial preparations. Performing such tests in an aseptic area and a clean area for avoiding accidental contamination is mandatory. This test is performed at every level of biopharmaceutical and pharmaceutical manufacturing process for minimizing the risk of product contamination.
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Various factors are propelling the global sterility testing market growth. According to the new MRFR report, such factors include growing research and development investment in life sciences, increasing support from the government for sterility test of pharmaceutical product and sterility testing of antimicrobial agents, rising application of sterility testing, growing biotechnology and pharmaceutical companies, and a growing number of drug launches.
Osgood-Schlatter Market Size Trends, Emerging Growth Factors and Regional Forecast to 2027
Osgood–Schlatter disease (OSD), is inflammation of the knee and area adjacent to knee and is characterized by a painful bump just below the knee which worsens with activity. OSD is primarily the disease of growing adolescents especially experiencing growth spurts. OSD is common in those participating in sports and other physical activities especially high intensity sports such as running or jumping. OSD generally resolves with time especially with rest. OSD affects 4% of people at least once in their lifetime and is more common in males between the ages of 10 and 15. The male to female ratio is approximately 5:1. The symptoms of OSD includes knee pain, swelling, tenderness, increased warmth under the knee and others. In extreme cases OSD may result in fracture.
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The market drivers for global Osgood-Schlatter market are rise in adult and young population, increasing awareness and screening, development of healthcare and orthopaedic centres, rise in sports culture, growing influence of sports media, growth of physiotherapy and advancements in drugs and surgery, development of extreme sports such as mountaineering, rock climbing etc. The market restraints are the complications of treatment such as pain, bleeding, high cost of treatment, competition from alternative treatment and self-correcting nature of the disease etc.
Lithotripsy Market Analysis, Growth, Future Trends, Segmentation and Key Players by 2027
Lithotripsy is a medical procedure which involves breaking stones present in the bladder, kidney, and ureter into tiny pieces through the use of high-energy shock waves so that they can be easily passed through the urine. Lithotripsy is the most common line of treatment for kidney stones. The global lithotripsy market is anticipated to capture a moderate CAGR of 4.1 % over the forecast period. The global lithotripsy market is likely to attain USD 524.9 Mn by the end of 2023.
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The growing prevalence of urological disorders is one of the main factors boosting the growth of the global Lithotripsy Market. Additionally, one of the main advantages associated with lithotripsy is that it does not involve any incision. Growing preference for minimally -invasive and noninvasive medical procedures is a prime factor augmenting the growth of the market.
Increasing investment by market players on the development of novel devices and innovation has resulted in various product launches which are expected to augur market growth over the forecast period. Other factors fostering market growth include improvement in reimbursement scenario, the rise in the aging population, and spreading awareness regarding the procedure.
Microfluidics Device Market Healthcare, Clinical Reviews, Survey Reports 2027
The microfluidics devices market is continually growing mainly due to the important role played by these devices in the integration, parallelization, and miniaturization of various tests in the fields of biological research, diagnostics, and drug development. Moreover, the widely accepted microfluidic technology that has several applications is accelerating the market on the global level, allowing integration of many medical tests on a single chip.
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According to the recently published study report by Market Research Future (MRFR), the global microfluidic device market is expected to touch a phenomenal valuation by 2024, registering a strong CAGR throughout the forecast period (2016-2024).
Additional factors positively impacting the growth of the market include the increasing prevalence of chronic diseases such as heart-related diseases and as cancer, prompting the demand for new drugs. Microfluidics devices are becoming popular and are garnering tremendous traction, increasingly, attributing to their efficacy across the pharmaceutical and life science sector.
Anti-Fungal Treatment Market Projected to Grow at a Steady Pace Forecast to 2027
The global antifungal treatment market is expected to register a CAGR of 4.61% and attain a valuation of USD 19,558.0 Mn by the end of the forecast period of 2017-2023, projects Market Research Future (MRFR) in a detailed study.
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Surging prevalence of fungal infections is the prime drive behind the growth of the global antifungal treatment market. People across the globe are afflicted by severe fungal infections such as cryptococcosis, candidiasis, aspergillosis, and pneumocystosis which can be life-threatening. Fungal infections have risen dramatically in recent years which has generated high demand for diagnosis and treatment consequently boosting the growth of the global antifungal treatment market.
Motivated by the alarming rise in fungal infections and a strong need for effective antifungal compounds, there has been extensive research & development on new antifungal compounds have resulted in the development of new antifungal agents. This coupled with increasing government support for R&D activities create a supportive dais for the growth of the global antifungal treatment market.
Veterinary Laboratory Testing Market Latest Research, Analysis, Business Overview, Key Value Demand and Forecast 2027
The global veterinary laboratory testing market is anticipated to grow at a 10.1% CAGR between 2018-2023, states the new Market Research Future (MRFR) report. Veterinary laboratory testing is the test that is carried out to detect a disease in any animal. The tests are done by collecting tissue samples, feces, and blood of the animal.
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Numerous factors are pushing the growth of the veterinary laboratory testing market. Such factors, according to the new Market Research Future report, include the rise in adoption of pets, favorable funding policies, advancements in healthcare facilities, rising number of veterinary practitioners, rising expenditure on pet insurance, increasing disposable income, and rising prevalence of zoonotic diseases.
On the contrary, lack of awareness regarding veterinary laboratory testing, complications related to the tests, and the high price of veterinary testing are factors that may restrict the veterinary laboratory testing market growth during the forecast period.
Artificial Neural Network Market Analysis Report | Growth, Future Prospects and Competitive Landscape 2027
The global artificial neural network market is quadrupling mainly due to the broad uptake of this technology in the burgeoning healthcare sector for diagnostic and drug discovery purposes. The proliferation of artificial intelligence and its increasing integration with neural network algorithms are the two major dynamics changing the paradigms of the healthcare sector.
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Besides, increasing prevalence of myriads of chronic diseases, increasing healthcare expenditure, and the growing number of hospitalizations, accelerate the growth of the market. According to Market Research Future (MRFR), the global Artificial Neural Network Market Share is estimated to create substantial revenues by 2023, registering a modest CAGR during the forecast period (2018 – 2023).
Artificial neural networks provide significant benefits in medical research, which drives the market demand predominantly. Also, the rising adoption of artificial neural network in the burgeoning healthcare sector defines the growing landscape of the market. Over the past decade, image-guided analysis and bioelectric signal analysis & interpretation have become important diagnostic tools for the detection of a number of chronic diseases.
Dissolvable Sutures Market Growth, Future Prospects and Competitive Landscape 2027
Dissolvable sutures are stitching those doctors and surgeon, use to hold skin, internal organs, blood vessels, and all other tissues of the human body together, after the injury, incision, or surgery. These sutures have an anticipated advantage as they are broken down in the body tissue after a given period, and no foreign material is left inside the patient's body.
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The global Dissolvable Sutures Market Growth is driven by the growing aging population, increasing incidences of chronic diseases, rising healthcare expenditure, increasing number of surgeries and burns, and rising number of hospitals. In addition, immense technological advancements in material science and increasing occurrences of musculoskeletal diseases are likely to propel the market growth during the forecast period.
Despite the drivers, the development of advanced wound care dressings and availability of alternatives such as surgical staplers and complications such as hemorrhage and leakage especially in oesophageal and colonic anastomosis are a few factors restraining the growth of the dissolvable sutures market. Furthermore, stringent government regulations and increasing preference for minimally invasive surgical procedures are the constraints limiting the market growth.
Diabetes Pen Market to Exhibit Significant Opportunity Assessment During the Forecast to 2027
Diabetes is a highly concerning and prevalent chronic disease across the globe. The prevalence and the subsequent impact upon the affected patients have made leading researchers, developers, scientists, and innovators to come up with a new and innovative product to tackle the same.
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The global diabetes pen market size is expected to grow at a notable CAGR of 8.45% during the forecast period between 2017 and 2023. Moreover, Market Research Future (MRFR) forecasts that the global market will garner a valuation of USD 9.85 billion by the end of the forecast period.
Insulin is a hormone that is produced by the help of pancreas. However, during diabetes, the pancreas fails to produce the requisite insulin for the body. In order to inject insulin, a diabetes pen is required for the treatment of diabetes. The product consists of an insulin cartridge, one which is either integrated or bought separately, and a dial that is used to measure the dosage level. This is used with disposable pen needles that helps deliver the dosage. The high intake of sugar and carbs, increasing cases of obesity, and the evolving consumer lifestyle are some of the major factors spreading the prevalence of this disease.
Big Data in Healthcare Market Size, Share, Industry Analysis, Segmentation, Trends and Forecast to 2027
Healthcare companies are realizing the advantages of healthcare data (patient history, drug information, customer record, etc.) Such data can help caregivers deliver improve car delivery, streamline process, and drive revenue growth. Healthcare data analytics is also growing in life science R&D, which is emerging as an attractive segment.
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Combining big data with healthcare applications is viewed as a major step towards making healthcare more dynamic. Big data has tremendous potential in healthcare. As per the latest report published by Market Research Future (MRFR), the global big data in health market is set to demonstrate 20.69% CAGR during the assessment period (2015-2022).
Companies are leveraging big data for achieving operational efficiency across regulatory compliance management, financial risk management, and product cross selling. With the help of big data, pharmaceutical companies can better gauge demand growth, improve client support, etc. Big data analytics is witnessing a fast adoption in the pharmaceutical manufacturing sector.