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Showing posts from October, 2023

Population Health Management (PHM) Market Size, Share, and Forecast

  The global population health management (PHM) market size is projected to reach USD 91.43 billion by 2026, exhibiting a CAGR of 19.9% during the forecast period. Surging demand for quick access to patient records during the COVID-19 pandemic will be a crucial growth-driver for this market, states Fortune Business Insights™ in its report, titled “ Population Health Management (PHM) Market Size, Share & Industry Analysis, By Component (Software, and Services), By Platform (Cloud-based, and On-premise), By End User (Healthcare Providers, Healthcare Payers, and Others), and Regional Forecast, 2019-2026 ”. The COVID-19 outbreak has created a global health and economic crisis of unparalleled proportions. To effectively confront this challenge, healthcare professionals are requiring efficient access and retrieval of patient records to provide the optimum care and medication to coronavirus and other patients. In response, many public and private bodies are working out solutions to meet

Global Digital Therapeutics Market Size, Share and Demand

The global digital therapeutics market size was valued at USD 5.53 billion in 2022. The market is projected to grow from USD 6.77 billion in 2023 to USD 28.66 billion by 2030, exhibiting a CAGR of 22.9% during the forecast period.  Software and hardware that digitally retain evidence-based therapeutic procedures for the treatment and management of diseases are referred to as “digital therapeutics” (DTx). The tools and software help address several conditions connected to diabetes, cardiovascular disease, respiratory illnesses, and mental health. The increased prevalence of chronic conditions like diabetes, mental illness, cancer, and heart failure (HF) worldwide is another factor contributing to the increased demand for these items. As a result, patients are increasingly using medicines to manage and treat a variety of chronic conditions. The rising demand for these items among the medical community and the pharmaceutical industry is also projected to fuel market expansion.  Fortune

U.S. Substance Use Disorder Treatment Market 2023-2030

The U.S. substance use disorder treatment market size was valued at USD 35.14 billion in 2021 and USD 37.24 billion in 2022. The market is expected to reach USD 60.18 billion by 2029 with a CAGR of 7.1 % during the forecast period . Substance abuse refers to the condition where uncontrolled use of substances leads to addiction. Rising number of patients seeking assistance for disorder treatment is set to propel market growth. Fortune Business Insights ™ shares this information in its report titled “ U.S. Substance Use Disorder Treatment Market, 2022-2029. ” COVID-19 Impact: Decreasing Patients in Drug Rehabilitation Centers Declined Market Growth The emergence of COVID-19 impeded the demand for substance use disorder treatment due to decreasing patients in drug rehabilitation centers. Restrictions on movement, decline in the number of patient visits, and other major parameters impacted the revenues of these service providers in the market. Market players also witnessed decline;

Dental Equipment Market Growth and Demand by Forecast Period

The global dental equipment market size is expected to gain momentum by reaching USD 16.07 billion by 2027 while exhibiting a CAGR of 9.6% between 2020 and 2027. This is attributable to the growing preference for digital dental x-ray and the rising geriatric population that is projected to drive the demand for advanced dental equipment. Fortune Business Insights published this information in its latest report, titled, “Dental Equipment Market Size, Share & Industry Analysis, By Product Type (Dental Radiology Equipment, Dental Lasers, Dental Surgical Navigation Systems, Dental CAD/CAM Equipment, Dental Chairs, and Others) and By End-User (Hospitals, Dental Clinics, and Others), 2020-2027.” The report further mentions that the market stood at USD 8.89 billion in 2019 and is likely to experience considerable growth in the forthcoming years. Dental equipment are tools adopted by the dentists to provide effective dental treatment. They include devices that are extensively adopted t

Spinal Fusion Devices Market Demand, Trends, Size and Share

global spinal fusion devices market is projected to reach USD 8.45 billion by 2026, exhibiting a CAGR of 3.6% during the forecast period. A rapidly rising global geriatric population will be a critical factor driving the growth of this market. According to the United Nations, around 16% of the world’s population will be over the age of 65 by 2050. In North America and Europe, close to 25% of the population will be aged. Aged people are highly vulnerable to various kinds of injuries and spinal cord injuries are one of the most common afflictions of old age. For instance, a study published in the Lancet journal showed that in the US, the average age of patients who suffered from spinal cord damage rose from 40 years to 50 years in just two decades. This shows that as geriatric population increases, the risk of spinal cord injuries also rises in tandem, thereby spiking the demand for spinal arthrodesis devices in the long-run. According to a new report published by Fortune Business I

Cosmeceuticals Market Size, Share and Growth

The global cosmeceuticals market size was at USD 50.75 billion in 2021. The market is projected to grow from USD 54.57 billion in 2022 to USD 96.23 billion by 2029, exhibiting a CAGR of 8.4% during the forecast period. This information is provided by Fortune Business Insights , in its report titled, “ Cosmeceuticals Market, 2022-2029 .” COVID-19 Impacts: Declined Dermatology-related Appointments to Reduce Demand amid COVID-19 Pandemic   The advent of COVID-19 noticeably obstructed the demand for cosmeceuticals across the globe. Moreover, a significant drop in the number of patient appointments recorded by pioneering dermatologists combined with closing down of shops involved in distribution of these products amid the lockdown announced by governments is among the few primary reasons for impacting the market unfavorably. Furthermore, there were termination of elective procedures comprising medical aesthetic processes to avoid the spread of COVID-19 and declined patient cr

Heart Valves Market Size, Share, Growth and Demand

The global Heart Valves Market refers to the market for medical devices used to replace or repair damaged or diseased heart valves. Heart valves play a crucial role in ensuring the unidirectional flow of blood through the heart. When these valves become damaged or diseased (a condition known as valvular heart disease), they may need to be repaired or replaced through surgical or minimally invasive procedures. The market encompasses a range of products and technologies designed to address these conditions. These include: Mechanical Heart Valves : These are typically made of metal and have a long lifespan, but they require patients to take anticoagulant medications for life to prevent blood clots from forming on the valve. Biological or Tissue Heart Valves : These valves are typically made from animal tissue, such as porcine (pig) or bovine (cow) tissue, or from human tissue. They do not require lifelong anticoagulation but have a lim

Population Health Management (PHM) Market Size and Share

global population health management (PHM) market size is projected to reach USD 91.43 billion by 2026, exhibiting a CAGR of 19.9% during the forecast period. Surging demand for quick access to patient records during the COVID-19 pandemic will be a crucial growth-driver for this market, states Fortune Business Insights™ in its report, titled “ Population Health Management (PHM) Market Size, Share & Industry Analysis, By Component (Software, and Services), By Platform (Cloud-based, and On-premise), By End User (Healthcare Providers, Healthcare Payers, and Others), and Regional Forecast, 2019-2026”. The COVID-19 outbreak has created a global health and economic crisis of unparalleled proportions.   To effectively confront this challenge, healthcare professionals are requiring efficient access and retrieval of patient records to provide the optimum care and medication to coronavirus and other patients. In response, many public and private bodies are working out solutions to meet thi

Cosmetic Surgery Market Forecast, 2023-2030

The global cosmetic surgery market Share is likely to gain traction from the ever-increasing number of patients undergoing procedures, such as chin augmentation, breast reduction, and breast augmentation. The American Society for Aesthetic Plastic Surgery (ASAPS) declared that in 2018, breast reduction (18%) and chin augmentation (20%) were two of the most popular surgical procedures in the U.S. This information is given by Fortune Business Insights™ in a recent report, titled, “Cosmetic Surgery Market Size, Share & Industry Analysis, By Type (Surgical Procedures, and Non-Surgical Procedures), By Gender (Males, and Females), By End User (Spas & Cosmetic Surgery Centers, and Hospitals & Specialty Clinics), and Regional Forecast.”   The report further states that the cosmetic surgery market size was USD 55.68 billion in 2022 and is projected to reach USD 75.20 billion by 2030, exhibiting a CAGR of 3.9% during the forecast period. Expansion of Medical Tourism to Favor Gr

Dental Prosthetics Market Growth, Demand and Industry Updates

The global dental prosthetics market size is predicted to reach USD 9.71 billion by 2026, exhibiting a CAGR of 6.0% during the forecast period. The increasing prevalence of periodontal diseases will have a positive impact on the dental prosthetics market revenue during the forecast period. The growing cases of dental caries and tooth loss will spur opportunities for the market during the forecast period. In addition, the surge in the cosmetic industry will bolster healthy growth of the dental prosthetics market during the forecast period, states Fortune Business Insights in a report, titled “ Dental Prosthetics Market Size, Share & Industry Analysis, By Type (Crowns, Bridges, Abutments, Dentures, and Others), By End User (Dental Hospitals & Clinics, Dental Laboratories, and Others), and Regional Forecast, 2019-2026” the market size stood at USD 6.09 billion in 2018.   The emergence of COVID-19 has brought the world to a standstill. We understand that this health crisis has

Multiple Myeloma Market Size, Share and Demand

The multiple myeloma market refers to the pharmaceutical and healthcare industry's focus on developing and marketing drugs and therapies for the treatment of multiple myeloma. This market encompasses a range of products and services including: Therapeutics : This includes drugs and treatments designed to target and treat multiple myeloma. Some of the main categories of therapeutics include: Chemotherapy : Drugs like bortezomib, lenalidomide, and dexamethasone are commonly used for treating multiple myeloma. Immunomodulatory drugs (IMiDs) : This class of drugs includes thalidomide, lenalidomide, and pomalidomide, which affect the immune system and have been effective in treating multiple myeloma. Monoclonal antibodies : These are a type of immunotherapy that target specific proteins on the surface of cancer cells. Targeted therapies : These drugs target specific pathways or molecules involved in cance

Dental Crowns and Bridges Market Growth Opportunity, Regional Analysis, Size, Explosive Share Forecast

The Dental Crowns and Bridges Market is likely to gain momentum from the rising usage of digital dentistry. Presently, masses at are choosing various digital equipment, such as milling machines, computer software, scanners, and radiological devices for restorative and preventive dentistry. Teeth structures are also being customized by using CAD/CAM, as well as 3D printing technologies. This information is published by Fortune Business Insights™ in a recent report, titled, “ Dental Crowns and Bridges Market Size, Share & Industry Analysis, By Type (Crowns, and Bridges), By Material (Ceramics, Porcelain Fused to Ceramics, and Metals), By End User (Dental Hospitals & Clinics, Dental Laboratories, and Others), and Regional Forecast, 2019-2026.” The report further mentions that the Dental Crowns and Bridges Market size was USD 2.85 billion in 2018 and is projected to reach USD 4.56 billion by 2026, exhibiting a CAGR of 6.1% during the forecast period. The emergence of COVID-19

Healthcare Asset Management Market Size, Share, Growth Insights, Regional Analysis with Global Forecast

Healthcare Asset Management Market Global Analysis By Size, Trends, Growth, Share, Business, Key Players, Merger, Statistics, Competitive Landscape, And Regional Forecast latest study published by Fortune Business Insights. The global “ Healthcare Asset Management Market ” is predicted to reach USD 84,483.03 million by 2027, exhibiting a CAGR of 28.9% during the forecast period. The increasing technological advancement has led to high demand for asset management solutions in medical facilities, which, in turn, will accelerate the healthcare asset management market growth. Moreover, the introduction of wireless connectivity in asset management solutions will contribute positively to this growth during the forecast period, mentioned in a report, titled “Healthcare Asset Management Market Size, Share & Industry Analysis, By Product (Radiofrequency Identification (RFID), Real-time Location Systems (RTLS), Others), By Application (Staff Management, Equipment Tracking, Patient Tracking

Medical Electrodes Market Size, Share, Growth and Demand

  The " Medical Electrodes Market Size " research report provides a comprehensive examination of key competitors, incorporating strategic analysis, micro and macro market trends and scenarios, pricing analysis, and an all-encompassing overview of the market conditions during the forecast period. This is a professional and detailed report that concentrates on primary and secondary drivers, market share, leading segments, and geographical analysis. The report thoroughly analyzes the industry's size, share, mergers, demand, sales, growth, competitive landscape, and regional outlook on a global scale. The report's title is "Medical Electrodes Market Size" Growth and Opportunities, "2023-2030". List of Key Companies Operating in Medical Electrodes Market Size : IBM Corporation Stanley Healthcare CenTrak, Inc. AiRISTA Flow Versus Technology, Inc. Zebra Technologies, GE Healthcare Sonitor AeroScout Inc. Others Additionally, the report examines key players

Monoclonal Antibody Therapy Market 2023-2030

The monoclonal antibody therapy was an emerging and rapidly evolving field in medicine. Monoclonal antibodies (mAbs) are laboratory-made molecules designed to mimic the immune system's ability to fight off harmful pathogens, such as viruses or cancer cells. Here are some key points about the monoclonal antibody therapy market as of September 2021: Market Growth : The monoclonal antibody therapy market was experiencing significant growth. Factors contributing to this growth included the development of new and improved mAb therapies, expanding applications in various disease areas, and increased investment in research and development. Cancer Therapy : mAbs were widely used in cancer treatment. They could target specific proteins on cancer cells, helping to stop their growth or trigger an immune response against them. Autoimmune Disorders : In autoimmune diseases, the immune system mistakenly attacks the body's own tissu

Biomaterials Market Size, Share and Growth by Forecast

Rising Usage of Natural & Synthetic Biomaterials for Cardiac Repair to Aid Growth Cardiovascular diseases are considered to be one of the major causes of death worldwide. Even though there are multiple pharmacological and surgical interventions that can be applied to enhance the quality of life of the patients affected by such diseases, less-invasive and cost-effective procedures are always more preferable. Both synthetic and natural biomaterials showcase high potential in cardiac regeneration and repair. Nowadays injectable biomaterials are used the most as they preserve cardiac functions, increase angiogenesis, and reduce left ventricular dilatation. However, there are numerous strict regulatory and clinical processes that the biomaterial-based devices have to go through to ensure their quality and efficacy. It may hamper the implantable biomaterials market growth. Leading Players operating in the Biomaterials Market are: Key players are involved in mergers and acquisition