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Showing posts with the label Medical Devices

Lung Cancer Diagnostic and Screening Market is Estimated to Witness High Growth Owing to Increasing Investments in Development of Noninvasive Diagnostic Techniques

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Lung Cancer Diagnostic and Screening Market Lung cancer diagnostic and screening involves identification of abnormalities or cancer in the lungs through various imaging techniques and biomarkers. Computed Tomography (CT) scans and low-dose computed tomography (LDCT) are commonly used for lung cancer screening as they can detect small nodules in the lungs at an early stage. Moreover, advances in genetic biomarkers, molecular testing, and imaging techniques are facilitating noninvasive diagnosis and better screening of lung cancer. The Global Lung Cancer Diagnostic and Screening Market is estimated to be valued at US$ 2243.98 Mn in 2023 and is expected to exhibit a CAGR of 42.% over the forecast period 2023 to 2030, as highlighted in a new report published by Coherent Market Insights. Market Opportunity: There is significant opportunity for growth in the lung cancer diagnostic and screening market owing to increasing investments by companies as well as governments for development of

Patient Lateral Transfer Devices Market Growth Accelerated by Increasing Spending on Healthcare Infrastructure

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Patient Lateral Transfer Devices Market Patient lateral transfer devices such as air cushioned, foam cushioned and drawsheet transfer devices are essential tools used by healthcare workers to safely transfer patients from one surface to another. These devices reduce the physical strain and risk of injury incurred by healthcare staff during transfer procedures, while also providing comfort and safety to patients. The increasing investment in healthcare infrastructure development across both developed and emerging economies has augmented the demand for patient handling equipment including lateral transfer devices. Global Patient Lateral Transfer Devices Market Demand is estimated to be valued at US$ 350.91 million in 2023 and is expected to exhibit a CAGR of 8.7% over the forecast period 2023 to 2030, as highlighted in a new report published by Coherent Market Insights. Market key trends: The increased spending on healthcare infrastructure expansion is one of the major factors driv

Veterinary Orthopedic Implants Market is Estimated to Witness High Growth Owing to Rising Incidences of Bone Fractures in Companion Animals

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Veterinary Orthopedic Implants Market   Veterinary orthopedic implants are medical devices used by veterinarians to repair fractures and stabilize bone structure. These implants include bone plates, screws, rods and pins made of stainless steel and titanium alloys. Growing pet care awareness in terms of dietary supplements, insurance and routine checkups has led to increasing demand for orthopedic procedures and associated devices for pets. According to recent studies, around 85% of smaller breed dogs and 76% of cats above 1 year of age suffer from chronic joint pain which is a key driver for demand of these implants. The global Veterinary Orthopedic Implants Market is estimated to be valued at US$ 296.5 Mn in 2023 and is expected to exhibit a CAGR of 5.9% over the forecast period 2023 to 2030, as highlighted in a new report published by Coherent Market Insights. Market Opportunity: Rising incidences of bone fractures in companion animals represents a major market opportunity. With

Vaginal Pessary Market is Estimated to Witness High Growth Owing to the Rising Cases of Pelvic Organ Prolapse

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Vaginal Pessary Market   Vaginal pessaries are medical devices inserted into the vagina, usually for pelvic organ prolapse and incontinence. They come in different sizes and shapes depending on the degree of pelvic organ prolapse and are usually made of silicone elastomer for comfort. Pessaries prevent organs from slipping down and protrude out of the vaginal opening. They provide support to the uterus, bladder, bowel and rectum without surgery. The global Vaginal Pessary Market is estimated to be valued at US$ 357.36 Bn in 2023 and is expected to exhibit a CAGR of 10% over the forecast period 2023 to 2030, as highlighted in a new report published by Coherent Market Insights. Market Opportunity: The rising cases of pelvic organ prolapse present a significant growth opportunity for the vaginal pessary market. Pelvic organ prolapse occurs when the uterus, bladder, small intestine or rectum slips down from its normal position due to weakening of muscles in the pelvis. It affects nearl

Spectrophotometer Market is Estimated To Witness High Growth Owing To Rising Demand From Pharmaceutical Industry

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Spectrophotometer Market The spectrophotometer market is estimated to be valued at US$ 18.75 Bn in 2023 and is expected to exhibit a CAGR of 7.1% over the forecast period 2023 to 2030, as highlighted in a new report published by Coherent Market Insights. Market Overview: A spectrophotometer is an instrument used to measure how much light is absorbed by a sample. It employs light in the visible, near-ultraviolet, or near-infrared regions of the electromagnetic spectrum. It uses radiation to quantify the amounts of analytes in a sample, and also to determine the efficacy of sunlight-blocking substances or UV-blocking substances present in cosmetics, plastics, etc. Spectrophotometers are widely used in various industries like pharmaceutical, biotechnology, environmental testing, food and beverages for quality control. Market key trends: The growing pharmaceutical industry is driving the growth of the spectrophotometer market. According to the IQVIA Institute for Human Data Science, the

U.S. Nasal Spray Market is Estimated to Witness High Growth Owing to Opportunity to Curb Rising Allergies

Nasal sprays are widely used drug delivery system that can deliver medications to treat various conditions such as nasal congestion, allergies and other nasal problems. Nasal sprays are preferred over oral medications as it allows for direct application of drugs to nasal linings. Growing cases of allergies such as allergic rhinitis due to changing environment and lifestyle has fueled the demand for effective nasal spray products. The global U.S. Nasal Spray Market is estimated to be valued at US$ 9903.35 Mn in 2023 and is expected to exhibit a CAGR of 6.8% over the forecast period 2023 to 2030, as highlighted in a new report published by Coherent Market Insights. Market Opportunity: The key opportunity driving the growth of the U.S Nasal Spray Market is rising cases of allergies in the country. According to a report by Asthma and Allergy Foundation of America, more than 50 million Americans suffer from allergies every year. Factors such as increased pollution levels, changing clima

Phosphor Screen Scanner Market is Estimated To Witness High Growth Owing To Trends in Medical Imaging

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Phosphor Screen Scanner Market The Phosphor Screen Scanner Market is estimated to be valued at US$ 250.0 Mn in 2023 and is expected to exhibit a CAGR of 3.7% over the forecast period 2023 to 2030, as highlighted in a new report published by Coherent Market Insights. Market Overview: Phosphor screen scanners are used to digitize radiographic images such as X-Rays and compare them digitally. They help in producing high resolution digital images for improved diagnosis. The digitized images can then be stored, shared over networks and analyzed using various medical imaging software. Market key trends: One of the key trends driving growth in this market is the increasing adoption of digital radiography systems. With the shift from traditional film-based to digital X-Ray systems, the demand for phosphor screen scanners is growing. Digital radiology provides improved image quality, enables fast and easy storage and retrieval of images and eliminates chemical processing steps of conven

Zirconia Based Dental Materials Market is Estimated To Witness High Growth Owing To Rising Demand from Geriatric Population

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Zirconia Based Dental Materials Market The Zirconia Based Dental Materials Market is estimated to be valued at US$ 313.77 Mn in 2023 and is expected to exhibit a CAGR of 7.2% over the forecast period 2023 to 2030, as highlighted in a new report published by Coherent Market Insights. Market Overview: Zirconia based dental materials are used for various dental applications such as crowns, bridges, inlays, onlays, implants, brackets and dentures. These materials have advantages such as biocompatibility, aesthetics, strength and corrosion resistance. The increasing incidence of oral diseases and growing geriatric population has fueled the demand for reliable and durable dental materials. Market key trends: Rising demand from geriatric population: With growing geriatric population worldwide, the demand for dental treatments has increased significantly in recent years. According to the United Nations, the number of people aged 65 years and above is projected to reach 1.5 billion globally

Automated Liquid Handling Systems Market is Estimated To Witness High Growth Owing To Trends in Biological Applications

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Automated Liquid Handling Systems Market Automated liquid handling systems are laboratory robotic workstations that can handle all types of liquids and are used in various applications including drug discovery, translational research, personalized medicine, and biologics testing. These systems offer advantages such as high-throughput screening and reduced operational costs as compared to manual liquid handling. With increasing focus on creating high-throughput screening assays, automated liquid handling systems see rising demand. The Automated Liquid Handling Systems Market is estimated to be valued at US$ 4.63 Bn in 2023 and is expected to exhibit a CAGR of 5.8% over the forecast period 2023 to 2030, as highlighted in a new report published by Coherent Market Insights. Market key trends: One of the major trends driving the growth of automated liquid handling systems market is their increasing adoption in biological applications. Continuous advancements in biologics and cell-based

Prepacked Chromatography Columns Market is Estimated To Witness High Growth Owing To Increasing Demand For Integrated And Efficient Solutions

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Prepacked Chromatography Columns Market Prepacked chromatography columns are pre-packed with the chromatographic medium along with having fixed bed geometry. They offer scientists an efficient method of performing chromatographic separations without extensive time or training required to pack columns. Key advantages include convenience, consistency in performance, and increased productivity by eliminating the need to pack columns by hand. The Prepacked Chromatography Columns Market is estimated to be valued at US$ 307.6 Mn in 2023 and is expected to exhibit a CAGR of 7.9% over the forecast period 2023 to 2030, as highlighted in a new report published by Coherent Market Insights. Market key trends: One of the key trends driving growth in the prepacked chromatography columns market is increasing demand for integrated and efficient solutions from the biopharmaceutical industry. Prepacked columns help save significant time during purification process as they eliminate the need for tedious

Powered Surgical Instruments Market is Estimated To Witness High Growth Owing To Rising Number of Surgeries

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Powered Surgical Instruments Market Powered surgical instruments are powered by different sources like electricity, battery, and pneumatic. They help in performing complex surgeries easily and precisely. Some common powered surgical instruments are powered drills, saws, reamers, staplers etc. They provide accuracy and consistency during surgical procedures leading to better clinical outcomes. The Powered Surgical Instruments Market is estimated to be valued at US$ 2.10 Bn in 2023 and is expected to exhibit a CAGR of 4.0% over the forecast period 2023 to 2030, as highlighted in a new report published by Coherent Market Insights. Market key trends: One of the key trends spurring the growth of powered surgical instruments market is rising number of surgeries performed globally. Accidents and other health conditions leading to injuries are increasing worldwide. This has resulted in growing demand for different types of surgical procedures like orthopedic, neuro, cardiovascular and dent

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