The hearing aids market is projected to grow at a CAGR of 7.52% to reach US$12.963 billion by 2025, from US$8.390 billion in 2019. Rising prevalence of hearing loss or hearing impairment among the individuals is causing them to get more aware of consuming health hearing aids in order to mitigate the chances of suffering from further complications and boosting the market growth. According to the World Health Statistics (WHO), there are around 466 million individuals that suffer from he Read more...
The medical disposables market is projected to grow at a CAGR of 7.01% to reach a value of US$384.263 billion by 2025, from US$255.907 billion in 2019. The ongoing spread of the pneumonia-like virus, COVID-19, is leading to skyrocketing demand for PPE in order to prevent the spread of the infection to restrict the rapidly rising number of confirmed cases and deaths globally The use of Personal Protective Equipment (PPE) is highly being recommended by the different healthcare organizat Read more...
The global tonometer market is projected to grow at a CAGR of 3.22% from a market size of USD293.010 million in 2019 to attain a market size of USD354.378 million by the end of 2025.The market is projected to rise in the forecast period with the growing global geriatric population who are at risk of the development of glaucoma. The prevalence of population who are at risk of suffering from glaucoma is providing an opportunity for the market to grow at a significant pace during the forecast pe Read more...
The global medical gloves market is estimated to grow at a CAGR of 7.24% from a market size of USD7,435.65 million in 2019 to a market size of USD13,053.249 million by 2025. Medical Gloves are utilized as a routine measure in a healthcare environment for infection prevention and prevention against disease transmission at the time of testing, examination, or performing a medical procedure. The growing need for gloves for prevention against germ transmission is the major factor drivi Read more...
The global X-ray devices market is estimated to grow at a CAGR of 5.14% from a market size of USDX10.793 billion in 2019 to a market size of USD14.580 billion by 2025. An X-ray device is used for creating 2D X-ray images of the 3D internal body organs or bones. The growing number of chronic diseases is providing an impetus in fueling market growth in the forecast period. The growing trend of early diagnosis and detection of a disease is further providing an opportunity for the market to Read more...
The lab equipment market was valued at US$16.182 billion. Lab equipment refers to all those tools and equipment that are used by scientists or workers working in a laboratory. Various types of equipment are used in these laboratories which include mixers, furnaces, spectrometers, and conductivity meters among others. The primary factors that are significantly driving the market growth are the burgeoning adoption of technology for drug and vaccine development along with the rising investm Read more...
The protective face mask market is expected to grow at a CAGR of 10.86% over the forecast period. Rising awareness of protection against air pollution and other harmful pollutants The unhealthy air quality is a warning of air pollution that has gripped the entire world and the polluted air is leading to the number of health problems. According to the World Bank, the combined impact of outdoor and indoor pollution causes 7 million premature deaths largely as a result of increased morta Read more...
The global pharmaceutical cartridges market is projected to grow at a CAGR of 4.02% to reach a market size of US$1.543 billion in 2025. As a result of the growing demand for effective packaging solutions for preventing drug contamination, the pharmaceutical packaging cartridges market hold strong growth prospects in the forecast period. Thus, the growing pharmaceutical packaging industry is fueling the market demand. The growing chronic disease prevalence is driving market growth in the for Read more...
The N95 mask market is expected to grow at a CAGR of 13.86% over the forecast period to reach a total market size of US$2,034.594 million by 2025, increasing from US$933.793 million in 2019. N95 is widely used as a protective mask designed to achieve close facial fir with an efficient filtration of airborne particles. It is designated as N95 because it blocks at least ninety five percent of small test particles (0.3 microns). Increasing air pollution all around the globe is expected to d Read more...
The global infrared thermometer market is expected to grow at a CAGR of 8.57% over the forecast period to reach a total market size of US$854.261 million by 2025, increasing from US$521.685 million in 2019.The infrared thermometer is a type of thermometer which infers temperature from thermal radiation and permits temperature from a distance without contact with the object. The rising demand for the speedy and secure results is expected to drive the growth of the market during the forecast pe Read more...
