MY Health Care Blog

  The  pharmaceutical drug delivery market growth  was worth US$ 1600 billion in 2021 and is predicted to grow to US$ 3000 billion by 2032, a CAGR of 6% during the forecast period. “ The growing incidence of infectious diseases globally, expanding R&D expenditure for innovative medicines, and rising FDA approvals all contribute to the expansion of this market category .” The increased prevalence of chronic diseases, the developing biologics industry, extensive R&D investments, and technological innovations & new product launches are all contributing to the rise in the pharmaceutical drug delivery industry. Pharmaceutical drug delivery device  has certain advantages, including ease of use, efficiency, and patient compliance. As a result, drug developers are concentrating on appropriate delivery and packaging alternatives to increase treatment efficiency and provide enhanced patient compliance. The pharmaceutical drug delivery market tre...

  The  cleanroom technologies market demand   study conducted by Future Market Insights is projected to expand at a CAGR of 6% to US$ 13.29 Bn by 2032, up from US$ 7 Bn in 2021. The rising demands for sterilized pharmaceutical formulations and the growing demand for medical device cleanrooms are driving this cleanroom technologies market growth. In the subsequent years, technological advancements in  cleanroom technology  and rising demand for cleanroom technologies in developing economies are likely to provide significant cleanroom technologies market potential possibilities. The study finds that cleanroom technologies market constraints associated with their operational expenses and the technical problems associated with modifying cleanroom designs in developing economies are hampering the cleanroom technologies market growth. ISO 6 cleanrooms and ISO 8 cleanrooms have different pr...

  A recently published research intelligence on the global  antibiotic susceptibility testing market size  by Future Market Insights tracks the top five influencers pushing demand and revenue growth of the market at a global level. Infectious diseases, prevailing at a high pace Increasing rate and tenure of hospitalization Growing significance of early diagnostics Soaring research interests in microbial susceptibility testing Improving funding scenario for research, driven by governments & private bodies Antibiotic Susceptibility Testing Market is expected to reach a valuation of US$ 4.05 Bn by 2028, expanding at a CAGR of 5.2% Growing use of antibiotics in treating even the most common health conditions remains a strong factor boosting demand for  antibiotic susceptibility testing  (AST). Increasing government funds for microbial and antibiotic susceptibility testing research and consistently improving outcome of PPPs in terms of enhanced scr...

  The global  Human Identification Market  value is expected to be US$   1.95  Bn in 2032 end, as indicated by a new report of Future Market Insights (FMI). The market is further projected for a strong 8.8% CAGR during the forecast period, 2022 – 2029. A consistent rise in the number of natural disasters and fatal road accidents strongly necessitate the demand for more effective forensic DNA technologies for human identification. This would remain an important factor responsible for incremental growth of human identification market. Human identification technology  has provided satisfied results in most of the cases where no close relatives or criminal samples exist for comparison. Human identification is playing a key role in the study of human sample data required for various applications such as molecular forensic analysis, paternity & kinship study, sexual assault investigation, and several other cases of crime. Key Takeaway...

 The global  pharmaceutical filtration market  is anticipated to achieve a value of US$ 17.8 billion by the end of 2022 and to grow at a CAGR of 8.7% to reach US$ 41.0 billion by 2032. Active pharmaceutical ingredients are a key component of the pharmaceutical industry in the 21st century. Filters are essential in a number of cases during the course of API creation and are necessary in bioscience laboratory applications as well. An increased production of large biologics and molecules, nano fibre technological advancements, generic market growth, and regulatory guidelines for cleanroom pharmaceutical production are the main factors driving the pharmaceutical filtration market. Additional funds diverted towards R&D expenditure by major biopharmaceutical organizations also boost the profile of the pharmaceutical filtration market. According to Future Market Insights, the pharmaceutical filtration market is expected to record a robust CAGR of 8.7% for the period fro...

  The global  cancer diagnostics market  is projected to expand steadily at a CAGR 7.1% value, during the forecast period 2022-2032. In the year 2022, the market size is projected to expand and gain a global market valuation of US$ 191 Billion. Considering this increasing growth and demand in the global market, the cancer diagnostics market is expected to reach US$ 379 Billion by 2032. Technological advancements in various fields such as biopsy, imaging, biomarkers and endoscopy, rising prevalence of cancer, increase in government initiatives for creating awareness, rapidly increase in geriatric population, and growing government funding are key factors driving the growth of the cancer diagnostics market. Timely detection of cancer requires suitable diagnostic tests to screen the immunosuppressed population which is at moderate risk of cancer, particularly for lung cancer, cervical cancer, breast cancer, prostate cancer, colon cancer and melanoma....

  The global  wearable medical devices market size  is expected to reach a market valuation of US$ 27.29 Billion by 2022, accelerating with a moderate CAGR of 28.1% by 2022-2032. The wearable medical devices market is anticipated to be valued at about US$ 324.65 Billion by 2032. A patient’s most likely diagnosis and treatments can be identified using 5G and AI. AI can also help healthcare providers predict which patients are anticipated to have complications after surgery to perform preventative actions. Learning in real-time with large amounts of data typically necessitates networks with high availability and high throughput. With the advent of 5G networks, healthcare providers can use AI applications to provide immediate, high-quality care to patients worldwide. Therefore, cutting-edge advancements such as artificial intelligence and fifth-generation wireless networks are expected to impact  wearable medical devices  significantly. The wearable medical devices...

  As per Future Market Insights’ latest industry analysis, Global demand for   Electrophoresis Market share   is set to increase at a 4.7% CAGR from 2022 to 2032, with an estimated market value of around US$ 2.2 Bn as of 2022. As per Future Market Insights’ projections, reagents and consumables held about 48.7% of the global market share in 2021. Healthcare organizations are quickly adopting devices such as  electrophoresis equipment  to perform persistent R&D activities for biological research and drug development. Pharmaceutical and biotechnology companies hold a significant market share in the electrophoresis market and are anticipated to show a continued trend over the forecast period owing to the rising implementation of electrophoresis in pharmaceutical formulations as well as testing of antibiotics and vaccines. Ongoing technological advancements in the medical and healthcare sector and rising demand for no...

  The  interventional cardiology devices market size   is expected to grow at an  8.4%  CAGR from  USD 16.4  Billion in 2022 to USD  36.9  Billion by 2032. The fast expansion of the geriatric population and the corresponding increase in the prevalence of coronary artery diseases, the approval of new and sophisticated products, and the growing incidence of diabetes are all driving growth in the interventional cardiology devices market. However, the availability of alternative therapies, as well as product failures and recalls, are the primary factors projected to hinder interventional cardiology devices market growth over the projection period. COVID-19 has had a global influence on every element of the medical device business, including the market for interventional cardiology equipment. Despite the fact that emergency and outpatient treatments are offered in cardiology departments, the number of patient visits to hospitals has decreased dram...