USA healthtech

  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 m...

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....

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;...

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...

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...

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 patien...

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...