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Showing posts from November, 2022

Biopharmaceuticals Market Value Chain, Factor Analysis, Region and Forecasts Till 2027

  Market Highlights According to MRFR analysis, Biosimulation Market is expected to register a CAGR of 15.9% during the forecast period of 2022 to 2030 and is likely to be valued at USD 4.4 Billion by 2030.  Biosimulation is a tool used for the prediction of the outcomes of existing clinical trials associated with innovation and new drug development. The growth of the Global  biosimulation  Market is determined by numerous factors such as the growing adoption of biosimulation software by regulatory bodies, increasing healthcare expenditure, increasing use of pharmacokinetic & pharmacodynamic modelling in pre-clinical development and rising need to reduce the drug development costs. However, lack of standardization in biosimulation methodology and lack of trained professionals for monitoring biosimulation software are likely to hamper the growth of the global biosimulation market during the forecast period.  Several market players currently dominate the Globa...

Biopharmaceuticals Market Value Chain, Factor Analysis, Region and Forecasts Till 2027

  Market Scope As per the reports by MRFR, the biopharmaceuticals market is anticipated to attain a market size of USD 471,021.1 Mn by 2030 while growing at a CAGR of 9.13% during the review timeframe. Significant Boosters and Deterrents Biopharmaceuticals refer to medical drugs manufactured using biotechnology. Biopharmaceuticals can be nucleic acids (RNA, DNA, or antisense oligonucleotides) or proteins (including antibodies) used for in vivo diagnostic or therapeutic purposes. These biopharmaceuticals are produced by different means, including direct extraction from a native (non-engineered) biological source. The global biopharmaceuticals market has been witnessing massive growth over recent times owing to factors like rising technological advancements, high incidence market growth of biopharmaceuticals acceptance for biopharmaceuticals, and rising investment by leading companies in biopharmaceuticals R&D. However, the growth of the biopharmaceuticals market is anticipated t...

Liquid Biopsy Market Key Developments Trends, Analysis and Forecasts Till 2027

  Market Highlights Biopsy involves extracting a sample of tissue and testing it for the presence of diseases especially cancer. Traditional tissue biopsy is a painful technique and also has a high rate of false results. Moreover, the technique is costly, time consuming and not applicable for extracting samples such as those close to vital organs such as heart. Liquid biopsy overcomes these problems of tissue biopsy by using biomarkers present in samples such as blood, urine etc. and thus is a comparatively non-invasive technique. Liquid biopsy also provides greater information about the sample which is real time. The real time data can be used for monitoring and thereby determining the treatment for diseases such as cancer. The greater sensitivity of tissue biopsy coupled with the development of sophisticated detectors with extremely low detection rates have enabled the early detection of diseases which is the holy grail of cancer. Other market drivers for the liquid biopsy market...

Myelodysplastic Syndrome (MDS) Drugs Market Key Developments Trends, Analysis and Forecasts Till 2027

  Market Highlights The Global Myelodysplastic Syndrome (MDS) drugs market is expected to grow significantly over the forecast period. The Myelodysplastic Syndrome (MDS) drugs market held a valuation of USD 1,581.59 million in 2022 and is projected to register a CAGR of 10.1% over the forecast period. The increasing participation of key players is one of the key factors driving the Myelodysplastic Syndrome (MDS) drugs market. In 2018, the US Food and Drug Administration approved generic injectable product decitabine for Lupin Ltd. There are various other MDS medications available in the market. Various other factors that are driving the MDS drugs market are the promotion of clinical studies related to MDS, increasing geriatric population, rise in regulatory approvals, and growing participation of generic drugs manufactures. However, the risk of infections during blood transfusions and side-effects of chemotherapy may hamper market growth over the forecast period. Key Players Variou...

Anti-Hypertensive Drugs Market Financial Overview, SWOT Analysis, Key Development and Forecasts Till 2027

  Market Scenario for Global Anti-Hypertensive Drugs Market: Anti-hypertensive drugs are used to treat hypertension (high blood pressure). Hypertension is a state of chronic elevated arterial blood pressure at or greater than 140/90 mm Hg for adults.  The global anti-hypertensive drugs market was valued at $32.2 billion in 2022, and is expected to reach $ 38.9 billion by 2030. Thus the  antihypertensive medication  market is expected to perform sluggish growth at a CAGR of 2.73% from 2022 to 2030. The constraints however are overwhelming and include patent expiries such as Actelion's Tracleer (2022), and United Therapeutic's Remodulin (2022). Other blockbuster’s such as Novartis's Diovan and Exforge, Sanofi Aventis's Avapro (2012) etc are also off-patent. Key Players for Global Anti-Hypertensive Drugs Market: Novartis AG, Daiichi Sankyo Company Limited, Acetelion Ltd, Boehringer Ingelheim, Sanofi S.A., Astra Zeneca plc, Ranbaxy Laboratories Limited, Inc., Takeda Phar...

Vital Signs Monitoring Market Shares Analysis, Key Development Strategies and Forecasts Till 2027

  Prevalence of Chronic Disease to Push the Global Vital Signs Monitoring Market Vital signs monitoring is a measuring or monitoring device that is used to attain essential information concerning the health of an individual. Some of the vital signs monitored through these devices are heart rate, blood pressure, body heat or temperature, and respiration rate of a person. It is extremely important that the signs maintain a normal range so as to ensure that the individual leads a healthy life. As per the recently undertaken study of the global Vital Signs Monitoring market by the team of Market Research Future (MRFR), it is expected that the Vital Signs Monitoring Market will grow at a significant CAGR of 7.5% over the review period between 2022 and 2030. The study also dives-in to reveal some of the other key information concerning the market, including the factors that are driving the market growth of vital signs monitoring. The factors identified as the market drivers are changing ...

Bioimplants Market Key Developments Trends, Analysis and Forecasts Till 2027

  Market Highlights: Bioimplants are essential in medical procedures which are conducted to recover the functionality of damaged bio structure. Bioimplants are made up of biosynthetic materials such as ceramics, polymers and alloy and compatible for human body. The increasing spinal cord injuries, technological advancements, rising occurrences of lifestyle disorders, and growing geriatric population are the major factors driving the growth of the global bioimplants market. Additionally, increasing R&D spending and aggressive strategies adopted by the top players, such as mergers and acquisitions, are contributing to the growth of the market. For instance, in December 2017, Smith & Nephew acquired Rotation Medical Inc. for USD 125 million to expand its portfolio in bioimplants and to get access to the rotator cuff system of Rotation Medical. The high costs associated with bioimplants, rising cost of bioimplant surgeries, unfavorable reimbursement policies and dearth of techn...

Bioanalytical Testing Services Market Solid Segment Analyzed by Latest Trends, Growth Rate and 2027 Insight

  Market Overview The role of bioanalytical technology in trying the put an end to the infectious COVID’19 pandemic technologies is worth to be appreciated. Bioanalytical testing refers to the quantitative measurement of xenobiotics, including small molecule drugs, their biological molecules, and metabolites. Bioanalytical testing services are utilized to develop bioanalytical methods in body fluids and tissue specimens. These tests are meant to support pre-clinical and trials between phase I and phase IV. Several companies offered bioanalytical services related to small and large molecules, including spectrometry, cell-based assays, and immunoassays. Normally such detailed study is required in case of infectious diseases. Currently, the government is encouraging bioanalytical testing services to control the infectious coronavirus. Such encouragement may provide good opportunities and boost the bioanalytical testing services market. Bioanalytical testing services are mainly require...

Clinical Decision Support Systems Market Professional Overview 2022-2027 with Major Vendors Size, Shares and Worldwide Demand

  Market Overview: With a 12 percent CAGR, the Clinical Decision Support Systems (CDSS) market is estimated to reach USD 1.76 billion by 2030. Clinical decision support systems (CDSS) are an essential component of the healthcare IT spectrum. Breakthrough technological developments encourage CDSS adoption, which enables speedier decision-making, data management, and enhanced workflow competency in inpatient care. The adjustable functions of this system are playing a significant role in boosting  Clinical Decision Support Systems Market  trends. The COVID-19 epidemic has created new hurdles in the healthcare ecosystem. Hospitals and health systems are dealing with massive influxes of critically sick patients as well as personnel shortages and capacity constraints. However, doctors are now better equipped with the information and abilities gained during the pandemic's early stages to develop the ideas. The increased usage of clinical decision support software in COVID-19 has...

Blood Transfusion Diagnostics Market Solid Segment Analyzed by Latest Trends, Growth Rate and 2027 Insight

  Market Insights: As per Market Research Future (MRFR)’s latest report, the global blood transfusion diagnostics market is set to expand at a CAGR of 8.2% during the forecast period 2017 to 2023. The value of the market is estimated to grow from USD 1.5 Bn in 2016 to USD 2.45 Bn in 2023. The excess demand for blood transfusions over its supply is likely to expedite the growth of the blood transfusion diagnostics market through the projection period. The rising awareness about blood donation coupled with exponentially increasing cases of emergency is likely to intensify the demand for blood transfusion diagnostics for preventing the transfer of infectious diseases. The large-scale prevalence of infectious blood diseases is another major factor responsible for catapulting the blood transfusion diagnostics market on an upward trajectory. The technological advancements and deployment of automation in blood banks are anticipated to have a favorable impact on the proliferation of the bl...

Hemophilia Treatment Market 2022 Estimation and Forecasts up to 2027

  Market Scope As per the reports by MRFR, the hemophilia treatment market is likely to project a robust CAGR of 6.10% during the review timeframe from 2022 to 2027. Market Drivers Hemophilia refers to a genetic disorder, usually hereditary, where the patient's blood lacks the needed proteins that help in blood coagulation. The condition could be severe, moderate, and mild. The global market for hemophilia treatment has been witnessing massive growth over recent years due to the increasing number of hemophilia cases, favorable government schemes & aggressive campaigning in several countries, and varied availability of therapies and medications. However, the growth of the  hemophilia treatment cost  hemophilia treatment market is anticipated to be hampered by the complications involved in the replacement therapies and higher costs associated with the recombinant products. Competitive Analysis The global market for hemophilia treatment has a strong competitive landscape...

Hidradenitis Suppurativa Market Forecasts by Global Industry Till 2030

  Market Overview The hidradenitis suppurativa market is growing at the CAGR of 4.2% during the forecast period and expected to reach USD 763.6 million by 2023. Market Dynamics A significant driving element boosting the market size for Hidradenitis Suppurativa therapies is the rising incidence of numerous inflammatory skin conditions that might lead to Hidradenitis Suppurativa. FDA approvals for pharmaceuticals and clinical trials, on the other hand, are another important element supporting the market's growth. The market has grown in recent years due to increased knowledge of the disease and the availability of therapies, as well as the introduction of new medications and treatment alternatives. Furthermore, environmental changes such as ozone layer depletion and pollution are primarily fueling market expansion, resulting in an increase in Hidradenitis Suppurativa cases. On the other hand, constraints such as unmet medical requirements, medication resistance, and treatment costs s...

Spinal Implants Market by Key Types, Detail Analysis and Forecasts To 2030

  Spinal Implants Market Overview: Spinal implants are useful for the treatment of spinal deformities. Market Research Future (MRFR) has published a research report about the global spinal implants market that infers boost with 5.5% CAGR during the forecast period between 2022 and 2027. Factors that are enhancing the market growth for spinal implants include the development of safer technology, innovation of cost-effective spinal devices, and increasing demand for minimally invasive spine surgery. However, some factors that can hamper the growth of the market include lack of reimbursements in developing countries, high procedural costs, and stringent regulatory guidelines for the approval of new medical devices. Key Players: The key players in the global  Spinal Implants Companies  include Accel Spine (USA), AESCULAP (USA), Alliance Spine (USA), Alphatec Holdings, Inc. (the USA), Amedica Corporation (USA), Apollo Spine (USA), Ascendx Spine (USA), A-Spine (Taiwan), Back 2 ...

Worldwide Intraoral Cameras Market Quadruples by 2030 at Striking CAGR and Future Outlook

  Market Insights  The global test strip market is projected to witness steady growth over the forecast period which ends in 2021 according to Market Research Future in its latest detailed report on the subject. Test strips are vital tools used in point-of-care (POC) diagnostics which offer a precise and immediate diagnosis of various diseases which require swift treatment. Their continued use, combined with the rapidly expanding healthcare sector is a highly significant driver of the market.  The global population has increased exponentially leading to an increased demand for diagnostics and healthcare in general. The global healthcare sector is rising rapidly, and the demand for  test strip bank  has grown alongside it. Government support for the use of test strips for speedy diagnosis is a key market driver. Moreover, technological advancements have improved the reliability of test strips, thus increasing use. It has been observed that there is an ongoing glo...