The global animal health market is expected to grow at a compound annual growth rate of 5.42% over the forecast period to reach a market size of US$62.531 billion in 2026 from US$45.564 in 2020. Animal health products are all those products that are specifically manufactured to cater to the needs of animals such as medicines, vaccines, and other nutritional products among others. The growth in the number of diseases in animals is anticipated to be one of the primary factors supplementing Read more...
The global wheelchairs market is expected to grow at a compound annual growth rate of 7.67% over the forecast period to reach a market size of US$6,448.714 million in 2026 from US$4,138.562 million in 2020. A wheelchair is referred to as a chair with wheels and is used by people who have difficulty in mobility due to an illness, injury, or old age. The innovation in the wheelchair segment owing to the introduction of automated systems that can be used to operate the chair is a key factor for Read more...
The global blood pressure monitoring devices market is expected to grow at a compound annual growth rate of 9.87% over the forecast period to reach a market size of US$2,803.259 million in 2026 from US$1,593.470 million in 2020. A blood pressure monitor is a medical device either digital or manual used for monitoring blood pressure. The blood pressure monitoring devices market is projected to witness a promising growth over the forecast period which may be attributable to the fact that there Read more...
The global blood glucose monitoring devices market is expected to grow at a compound annual growth rate of 7.41% over the forecast period to reach a market size of US$19.021 billion in 2026 from US$12.384 billion in 2020. Blood glucose monitoring devices are the devices used to keep a track of blood sugar levels in order to better understand diabetes. The increasing need amongst the people suffering from diabetes about continuous testing of the blood sugar levels to better analyze how differe Read more...
The global pharmaceutical packaging equipment market is expected to grow at a compound annual growth rate of 7.28% over the forecast period to reach a market size of US$11.354 billion in 2026 from US$7.449 billion in 2020. Pharmaceutical packaging equipment includes a range of specialized machines that have a primary application to pack pharmaceutical products. The market is being primarily driven by the fact that the demand for specialized packaging machinery is high since these machines c Read more...
The global Catheters Market is expected to grow at a compound annual growth rate of 7.70% over the forecast period to reach a market size of US$43.668 billion in 2026 from US$27.981 billion in 2021. Catheters are medical devices that are thin tubes manufactured specifically with medical grade materials such as plastic, silicon rubber, polyvinyl chloride (PVC), and nylon. These are inserted in human bodies for various purposes such as therapeutic and diagnostic purposes. Read more...
The global burn care market is expected to grow at a compound annual growth rate of 6.53% over the forecast period to reach a market size of US$2,878.033 million in 2026 from US$1,968.786 million in 2020. Burn care products refers to all the types of products that are applied to the skin or the area of a human body after a burn. The market for burn care products is witnessing a promising growth over the forecast period which may be attributed to the fact that there has been an increase in the Read more...
Packaged oxygen refers to the packaging of oxygen compressed in liquid, gas or solid form. Though the market was initially driven by its applications in the healthcare sector, packaged oxygen has found its applications in a number of industrial activities as well. Oxygen is a non-metallic, odourless gas important for all of the living organisms and is an integral part of the ecosystem and is also widely used for industrial, medical and scientific purposes. With the increasing need of oxygen f Read more...
Global Immunosuppressant Drugs market as valued at US$13.529 billion in 2019. Increasing number of organ transplants worldwide is one of the major drivers of the global immunosuppressant drugs market. There has been a rising demand for transplants for various organs such as liver, pancreas, kidney, and lungs. According to the latest statistics of the Global Observatory on Donation and Transplantation statistics, 146,840 organs were transplanted annually in 2018, representing a rise of 5. Read more...
The contact lenses market is evaluated at US$9.461 billion for the year 2019 growing at a CAGR of 5.98% reaching the market size of US$13.408 billion by the year 2025. Contact lenses is a thin, curved lens placed directly on the surface of the eyes for numerous reasons such as to offer corrective vision, or due to cosmetic and therapeutic reasons among others. The global contact lenses market is projected to show a significant growth over the next five years which may be attributed to the Read more...
