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Showing posts from April, 2023

Operating Room Equipment Market Is Likely To Up Demand At A USD 48.50 Billion By 2025

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  San Francisco, 28 April 2023:  The Report   Operating Room Equipment Market  Size, Share & Trends Analysis Report By Product (Anesthesia Devices, Endoscopes, OR Tables, OR Lights, Electrosurgical Devices), By End-use, And Segment Forecasts, 2018 - 2025 The global operating room equipment market size is expected to reach USD 48.50 billion by 2025 according to a new report by Grand View Research, Inc. The market is primarily driven by increasing investments for improving hospital care facilities, rising number of new hospitals & ambulatory care centers, increasing patient preference for minimally invasive procedures, and an increase in the number of surgeries performed globally. Growing funds & investments by various government bodies and private investors are also contributing to the growth of the market. For instance, in its 2016-17 budget, the Hong Kong government dedicated a provision of USD 200 billion for a ten-year hospital development plan that would help expand and

Narcolepsy Therapeutics Market Size To Reach $48.50 Billion By 2025

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  San Francisco, 28 April 2023:  The Report  Narcolepsy Therapeutics Market  Analysis By Type (Cataplexy and Without Cataplexy), By Product (Central Nervous System Stimulants, Sodium Oxybate, Tricyclic Antidepressants), And Segment Forecasts, 2018 - 2025 The global narcolepsy therapeutics market is expected to reach USD 3.85 billion by 2025, according to a new report by Grand View Research, Inc. The increasing awareness about this sleep disorder among public and healthcare providers is a key factor contributing to the market growth. The Narcolepsy Network has estimated that out of every 2,000 people 1 is afflicted by this condition. Moreover, Narcolepsy UK states that around 25% patients are identified and remaining 75% are untreated as they remain undiagnosed or are misdiagnosed, which is alarming. Some organizations and networks are constantly working to spread awareness about this condition among the patients and physicians. Access Research Report of Narcolepsy Therapeutics Market 

U.S. Specialty Injectable Generics Market Projected To Reach USD 27.8 Billion By 2025

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  San Francisco, 28 April 2023:  The Report   U.S. Specialty Injectable Generics Market  Analysis By Therapeutic Use (Oncology, Cardiovascular, Central Nervous System, Infectious Diseases, Autoimmune Disorders), And Segment Forecasts, 2018 - 2025 The U.S. specialty injectable generics market is expected to reach USD 27.8 billion by 2025, according to a new report by Grand View Research, Inc. High demand for cost-effective drugs for the treatment of cancer, autoimmune diseases, hepatitis, and infectious diseases is expected to create huge opportunities for manufacturers of specialty injectable generics. This has also encouraged many insurance companies to provide reimbursement for these products due to their low cost. According to FDA, generic drugs cost 80% to 85% lesser than branded drugs. The affordability of these products can be attributed to elimination of certain processes, such as clinical trials, advertising, and other promotional activities. Moreover, in certain cases, a group

Molecular Cytogenetics Market Is Expected To Reach USD 3.8 Billion By 2025

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  San Francisco, 28 April 2023:  The Report   Molecular Cytogenetics Market  Analysis Report By Application (Oncology, Personalized Medicine), By Product, By End Use, By Technology (FISH, Immunochemistry, Karyotyping), And Segment Forecasts, 2018 - 2025 The global molecular cytogenetics market size is expected to reach USD 3. 8 billion by 2025, according to a new report by Grand View Research, Inc., exhibiting a 10.4% CAGR during the forecast period. Mapping of human genome, coupled with continuous technological advancements in cytogenetic techniques, has enabled researchers to gain insight into the disease-causing mechanism at a genomic as well as the cellular level. Development in molecular technologies has helped in bridging the gap between molecular biology and cytogenetics, which was not possible using conventional cytogenetic techniques.  There is a continuous growth in awareness, and consequent adoption, of genetic tests for disease prognosis. These tests also help in designing

U.S. Clinical Oncology Next Generation Sequencing Market Size To Reach $1.53 Billion By 2024

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  San Francisco, 27 April 2023:  The Report   U.S. Clinical Oncology Next Generation Sequencing Market  Size, Share & Trends Analysis Report By Technology (Whole Genome Sequencing, Whole Exon Sequencing, Targeted Sequencing & Resequencing), By Workflow, By End Use, Regions, And Segment Forecasts 2018 To 2024 The U.S. clinical oncology next generation sequencing market is anticipated to reach USD 1.53 billion by 2024, according to a new report by Grand View Research, Inc. Applications of NGS platform for clinical oncology are expected to grow at a steady pace under the influence of increasing adoption of NGS platforms in oncology R&D coupled with rising incidents of cancer. Application of NGS based cancer diagnostics for screening and monitoring of oncogenes to understand the underlying mechanism behind causes of cancer is expected to boost the growth of this vertical throughout the forecast period. Moreover, exponentially decreasing costs for sequencing have also spurred th

Autoimmune Disease Diagnostics Market Size Is Expected To Reach USD 5.0 Billion By 2025

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  San Francisco, 27 April 2023:  The Report   Autoimmune Disease Diagnostics Market  Size, Share & Trends Analysis Report By Type (Systemic Autoimmune Disease Diagnostics, Localized Autoimmune Disease Diagnostics Disease Diagnostics), By Region, And Segment Forecasts, 2018 - 2025 The global autoimmune disease diagnostics market is expected to reach a value of USD 5.0 billion by 2025, based on a new report by Grand View Research, Inc. Government organizations along with related associations strive to curb such high healthcare costs and simultaneously provide improved diagnostic and therapeutic solutions to the patients. This has resulted in increased funding by the NIH for R&D programs related to autoimmune diseases. Moreover, the presence of favorable government initiatives aimed at curbing the incidence of these diseases and developing viable diagnostic & treatment options is expected to drive market growth over the forecast period. Growing volume of autoimmune diagnostic

Gout Therapeutics Market Projected To Reach USD 8.3 Billion By 2025

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  San Francisco, 27 April 2023:  The Report   Gout Therapeutics Market  Analysis By Drug Class (Nonsteroidal Anti-inflammatory Drugs [NSAIDs], Corticosteroids, Colchicine, Urate-Lowering Agents), By Disease Condition (Acute Gout, Chronic Gout), And Segment Forecasts, 2018 - 2025 The global gout therapeutics market is expected to reach a value of USD 8.3 billion By 2025, based on a new report by Grand View Research, Inc. The gout therapeutics market is anticipated to witness significant growth during the forecast period. This can be attributed to the introduction of major urate-lowering agents, approval of effective biologics, and increasing number of patients suffering from chronic gout. In December 2015, AstraZeneca’s product, Zurampic (lesinurad), in combination with xanthine oxidase inhibitor (XOI) received an approval from the U. S. FDA to treat gout. Later in February 2016, the European Commission approved the drug throughout the European Union (EU). Hence, introduction of urate-l

Pharmaceutical Filtration Market Is Expected To Reach USD 37.3 Billion By 2025

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  San Francisco, 27 April 2023:  The Report   Pharmaceutical Filtration Market  Size, Share & Trends Analysis Report By Product (Membrane Filters, Pre-filters & Depth Media, Cartridges & Capsules), By System, By Type, By Technique, By Application, By Scale Of Operation, And Segment Forecasts, 2018 - 2025 The global pharmaceutical filtration market size is expected to reach USD 37.3 billion by the year 2025 growing at a CAGR of 12.1%, according to a new report by Grand View Research, Inc. The growing expansion of the biopharmaceutical industry have resulted in enormous growth of the market with new and more enhanced technologies being used to cater to the need of drug manufacturers. Increasing demand for therapeutic biopharmaceuticals such as antibodies, hormones, and vaccines is a major factor that drives growth of the market during forecast period. Thus, many pharmaceuticals and biotechnology companies have begun to focus on the development of advanced biologics for the tr

Grape Seed Extract Market Is Likely To Up Demand At A USD 201.2 Million By 2025

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  San Francisco, 26 April 2023:  The Report   Grape Seed Extract Market  Size, Share & Trends Analysis Report By Product (Powder, Liquid, Gel), By Application (Nutritional Supplements, Pharmaceutical, F&B, Personal Care), And Segment Forecasts, 2019 - 2025 The global grape seed extracts market size is expected to reach USD 201.2 million by 2025, according to a new report by Grand View Research, Inc., exhibiting a 7.6% CAGR over the forecast period. Major factors contributing to market growth are rising consumer awareness regarding healthy lifestyle and consumption of nutritious foods, as well as increasing focus on physical appearances. It has been observed that a large number of manufacturers of health and nutrition supplements use grape seed extract as an ingredient due to its oligomeric procyanidins (OPC) properties. These properties are beneficial for the treatment of conditions such as atherosclerosis, high cholesterol, poor blood circulation, macular degeneration, and ner

Drug Of Abuse Testing Services Market To Expand Industry Growth At USD 3.8 Billion By 2028

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  San Francisco, 26 April 2023:  The Report   Drug Of Abuse Testing Services Market  Size, Share & Trends Analysis Report By Drug Type (Cannabis/Marijuana, Opioids, Cocaine, Alcohol, LSD, Amphetamine & Methamphetamine), By Region, And Segment Forecasts, 2021 - 2028 The global drug of abuse testing services market size is expected to reach USD 3.8 billion by 2028, according to a new report by Grand View Research, Inc. It is expected to expand at a CAGR of 5.2% from 2021 to 2028. The imposition of stringent laws mandating alcohol and illicit substance abuse testing is anticipated to drive the market during the forecast period. However, the violation of privacy rights while drug testing is considered a challenge and impedes the adoption of such testing services. Workplace substance abuse is on the rise despite random tests being conducted by organizations. Commonly abused illicit drugs on the job are cannabis and cocaine. In the workplace, substance abuse might lead to significant

Small Cell 5G Network Market Progressing At A CAGR Of 72.5% From 2023 To 2030: Grand View Research Inc.

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  San Francisco, 26 April 2023:  The Report   Small Cell 5G Network Market  Size, Share, & Trends Analysis Report By Component, By Network Model, By Architecture, By Deployment, By Frequency Type, By End-use, By Region, And Segment Forecasts, 2023 - 2030 The global small cell 5G network market size is anticipated to reach USD 125.5 billion by 2030, registering a CAGR of 72.5% over the forecast period, according to a new report by Grand View Research, Inc. The deployment of next-generation small cell 5G networks is estimated to witness significant growth over the forecast period. This is attributable to the increasing demand for the 5G network from a massive chunk of customers at public locations such as malls, offices, and stadiums. The ever-rising demand for fast mobile data connectivity among consumers has surged the deployment of the next-generation Radio Access Network (RAN). The installation of small cell 5G networks is rapidly increasing in enterprises, industrial, and reside

Microgrid Market Exhibiting At A CAGR Of 16.3% From 2023 To 2030

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  San Francisco, 26 April 2023:  The Report  Microgrid Market  Size, Share & Trends Analysis Report By Power Source (CHP, Fuel Cell), By Product (Grid Connected, Hybrid), By Application (Education, Government), By Region, And Segment Forecasts, 2023 - 2030 The global microgrid market size is anticipated to reach USD 197.88 billion by 2030, expanding at 16.3% CAGR from 2023 to 2030, according to a new report by Grand View Research, Inc. The improvement in manufacturing sectors of emerging markets including Mexico, China, and India as a result of favorable government policies to attract investments is expected to promote market growth. Microgrid differs from conventional electrical distribution systems as it acts as a close proximity medium between the power generation and power consumption sources which results in increasing efficiency and reducing transmission losses. These systems perform dynamic control over energy sources by enabling autonomous as well as automatic self-healing

Bottled Water Market To Witness A Significant Growth Of USD 509.2 Billion By 2030

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San Francisco, 26 April 2023:  The Report   Bottled Water Market  Size, Share & Trends Analysis Report By Product (Spring Water, Purified Water, Mineral Water, Sparkling Water), By Distribution Channel (On-trade, Off-trade), By Region, And Segment Forecasts, 2022 - 2030 The global bottled water market size is expected to reach USD 509.2 billion by 2030, according to a new report by Grand View Research, Inc. It is expected to expand at a CAGR of 6.7% from 2022 to 2030. Increasing demand for bottled water owing to the rising scarcity of fresh and pure drinking water across the globe is driving the market. Factors such as health benefits with added minerals and nutrients are likely to fuel the demand for bottled water over the forecast period. Growing awareness regarding the adverse health effects of consuming sugary drinks, such as weight gain, obesity, diabetes, and heart disease, is supporting the consumption of alternative beverages such as still and sparkling water. The trend of

Pruritus Therapeutics Market To Expand Industry Growth At USD 16.38 Billion By 2025

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  San Francisco, 25 April 2023:  The Report   Pruritus Therapeutics Market  By Product (Corticosteroids, Antihistamines, Local Anesthetics, Counterirritants, Immunosuppressant, Calcineurin Inhibitors, Pipeline, Unmet Needs), By Disease Type (Atopic Dermatitis, Allergic Contact Dermatitis, Urticaria) Analysis And Segment Forecasts To 2025 The global pruritus therapeutics market is expected to reach USD 16.38 Billion by 2025, according to a new study by Grand View Research, Inc. Growing worldwide prevalence of atopic dermatitis, allergic contact dermatitis, and urticaria is expected to drive market growth during the forecast period. The introduction of new products based on scientific mechanistic understanding such as the identification of new T-cell subsets, particularly Th17, and Th22 and the patent expiration of PROTOPIC (tacrolimus) is expected to open up new avenues for manufacturers to capitalize on over the forecast period.  Corticosteroids were the leading product segment in 2013