The fertility test market is projected to grow at a CAGR of XX.XX% to reach US$XX.XXX billion by 2023, from US$XX.XXX billion in 2017. Fertility testing is referred to a procedure where a woman or a man is made aware of their reproductive health before having difficulty to naturally conceive or in case of any abnormality diagnosed. The rising trend regarding self-care may play a vital role in driving market growth. Also, the launch of advanced techniques and easy-to-use fertility monitors is dri Read more...
The companion diagnostics (CDx) market is projected to grow at a CAGR of 13.14% to reach US$8.974 billion by 2024, from US$4.278 billion in 2018. A companion diagnostic is a medical device, often an in vitro device (IVD), which provides information that is essential for the safe and effective use of a corresponding drug or biological product (source: FDA). The growing prevalence of chronic disorders and the improving regulatory framework for supporting drug-diagnostic co-development models are Read more...
The home health hub market is projected to grow at a CAGR of XX.XX% to reach US$XX.XXX billion by 2023, from US$XX.XXX billion in 2017. The demand for home health is increasing due to the increasing elderly population accompanied by the increasing prevalence of chronic diseases which require regular monitoring and care. Hence the doctors need to be in contact with their patients in order to monitor their health and thus reducing the possibility of re-admissions. Increasing healthcare expenditure Read more...
The Bowel Management Systems market is projected to grow at a CAGR of XX.XX% to reach US$XX.XXX billion by 2023, from US$XX.XXX billion in 2017. The market for Bowel Management Systems is witnessing steady growth on account of rapidly growing geriatric population worldwide. According to International Foundation of Gastrointestinal Disorder (IFFGD) around 10-15% of the global population has Irritable bowel syndrome (IBS). Moreover favorable reimbursement scenario in the developed economies alon Read more...
The global interventional cardiology market is expected to reach US$25.092 billion by 2024 from US$19.069 billion in 2018 growing at a CAGR of 4.68%. Interventional cardiology is a minimally invasive procedure which utilizes catheter to repair damaged or weakened vessels, narrowed arteries, or other affected parts of the heart structure. Catheters Read more...
The Weight Management market is projected to grow at a CAGR of XX.XX% to reach US$XX.XXX billion by 2023, from US$XX.XXX billion in 2017. Increasing rate of obesity along with rapid expansion of fast food industry is considered as the driving factor for the growth of the market. According to World Health Organization in 2016 more than 1.9 billion adults (18 years and older) were overweight and out of these over 650 million were obese. The market is projected to be propelled by the increasing pre Read more...
The global eDiscovery market was valued at US$8.399 billion in 2017 and is expected to grow at a CAGR of 11.35% over the forecast period to reach a market size of US$16.007 billion by 2023. The growth of this market is being shaped by increasing penetration of Internet of Things (IoT) into all major industry verticals. Continuous digitization of business processes has been exponentially increasing the volume of data stored both by enterprises and government agencies. Increasing focus of governme Read more...
The global therapeutic drug monitoring market is projected to grow at a CAGR of 6.49%, increasing from US$1.457 billion in 2017 to US$2.125 billion in 2023. Therapeutic Drug Monitoring (TDM) is the measurement of the specific drugs in patient’s bloodstream at selected intervals, thereby, helping to optimize individual dosing regimen. TDM is used mainly for monitoring drugs with narrow therapeutic ranges, drugs with marked pharmacokinetic variability, medications for which target concentr Read more...
The global coagulation testing market is projected to grow at a CAGR of 7.65%, increasing from US$1,955.420 million in 2017 to US$3,042.760 million in 2023. Coagulation is the blood’s ability to clot and prevent excessive bleeding. Coagulation testing refers to the measure of blood’s ability to clot, and the time it takes to clot. Clotting disorders can cause excessive bleeding or may lead to clot formation and can be fatal in either of the two scenario. Thus, coagulation tests are done to a Read more...
The global cancer diagnostics market is projected to grow at a CAGR of 14.22%, increasing from US$9.050 billion in 2017 to US$20.099 billion in 2023. As per data by WHO, cancer is the second leading cause of death globally with an estimated 9.6 million deaths in 2018, with the lung, colorectal, stomach, lever and breast cancer being the most common causes of cancer death. Cancer diagnostic testing involves tests and procedures to confirm the presence of disease and identify the correct tumour ty Read more...
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