CMI_LatestReportOrientedBlogs

Inflammatory Bowel Disease Market Inflammatory bowel disease (IBD) refers to chronic conditions of the colon and small intestine namely Crohn's disease and ulcerative colitis. Products used in the treatment of IBD help control symptoms, promote remission, and prevent disease flares. Drugs such as aminosalicylates, immunosuppressants, corticosteroids and biologics are commonly used to treat IBD. The global Inflammatory Bowel Disease Market is estimated to be valued at US$ 21.5 billion in 2023 and is expected to exhibit a CAGR of 4.8% over the forecast period 2023-2030, as highlighted in a new report published by Coherent Market Insights. Market key trends: The increasing prevalence of IBD has accelerated the growing adoption of various treatment options. The rising prevalence of IBD worldwide can be attributed to changing lifestyle patterns, increasing consumption of processed and junk foods, growing pollution levels etc. According to CCF, over 10 million people suffer from IBD

Cancer Biologics Market Cancer biologics are complex medical drugs that harness the power of living organisms and biological processes to treat and prevent cancer. These biologics utilize monoclonal antibodies, therapeutic vaccines, and other biological therapies to target specific antigens andmolecules involved in cancer growth and progression. With the rising global cancer burden and increasing preference for targeted and personalized treatment approaches, the demand for innovative cancer biologics has significantly grown in recent years. The global Cancer Biologics Market is estimated to be valued at US$ 174.8 billion in 2023 and is expected to exhibit a CAGR of 4.1% over the forecast period 2023-2030, as highlighted in a new report published by Coherent Market Insights. Market key trends: One of the key trends driving the growth of the cancer biologics market is the rising incidence and prevalence of various cancer types globally. According to the World Health Organization (WH

Pet Insurance Market Pet insurance provides financial protection for pets against unexpected illnesses and accidents. It helps cover veterinary care costs for pet surgeries and treatments by reimbursing pet parents or paying providers directly. The number of pet owners has grown considerably over the years resulting in increasing demand for pet insurance. Factors like humanization of pets and growing awareness about pet wellness among owners have encouraged the uptake of insurance for pets, which is otherwise an expensive option for unexpected veterinary bills. The global Pet Insurance Market is estimated to be valued at US$ 9.59 Mn in 2023 and is expected to exhibit a CAGR of 4.5% over the forecast period 2023 to 2030, as highlighted in a new report published by Coherent Market Insights. Market Opportunity: The increasing pet ownership presents a major market opportunity for pet insurance providers. As owners perceive pets as family members and are willing to spend more on thei

PACS and RIS Market   Picture archiving and communication systems (PACS) and radiology information systems (RIS) are medical imaging software solutions that are used to securely store, analyze, and transfer digital images and reports electronically. PACS and RIS have numerous benefits over traditional film systems as they enable timely image access from multiple locations, reduce risk of lost or damaged films, allow integration of images with hospital information systems, and improve productivity by streamlining workflow in radiology departments. The global PACS and RIS Market is estimated to be valued at US$ 3,657 Mn in 2023 and is expected to exhibit a CAGR of 6.7% over the forecast period 2023 to 2030, as highlighted in a new report published by Coherent Market Insights. Market Opportunity: The key opportunity for growth in the PACS and RIS market is to improve radiology workflow efficiency. Healthcare organizations are under increasing pressure to enhance productivity and redu

Oxygen Therapy Market Oxygen therapy products allow healthcare providers to provide supplemental oxygen therapy to patients with respiratory diseases and help improve breathing. Portable oxygen concentrators are lightweight, portable oxygen supply devices that provide continuous flow of enriched oxygen to patients on the go. The global Oxygen Therapy Market is estimated to be valued at US$ 36.75 Bn in 2023 and is expected to exhibit a CAGR of 5.0% over the forecast period 2023 to 2030, as highlighted in a new report published by Coherent Market Insights. Market key trends: The elevated demand for oxygen therapy products is driven by the rising prevalence of chronic respiratory diseases like COPD and asthma. As per the latest Global Burden of Disease Study, chronic respiratory diseases affected over 338 million people globally in 2017. Portable oxygen concentrators are seeing growing preference over liquid oxygen tanks as they offer independence to the patients and are more conveni

Naloxone Market The U.S. Naloxone Market is estimated to be valued at US$ 1532.55 Mn 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 Overview: Naloxone is an opioid antagonist that is widely used to counter the effects of opioid overdose. It works by competitively binding to opioid receptors and reversing the life-threatening depression of the central nervous and respiratory systems that can occur during an overdose. Naloxone is available in injectable and nasal spray formulations. Growing cases of opioid abuse and increasing product availability through community-based programs are major factors driving the market growth. Market Dynamics: A key driver for the growth of U.S. naloxone market is the rising prevalence of opioid overdose deaths in the country. According to National Institute on Drug Abuse, over 47,000 Americans died due to opioid overdose in 2019. Anot

visual impairment market The visual impairment market is estimated to be valued at US$ 4,784.3 million in 2022 and is expected to exhibit a CAGR of 8.1% over the forecast period 2023-2030, as highlighted in a new report published by Coherent Market Insights. Market Overview: The visual impairment market deals with products and services that help visually impaired individuals to function independently in daily activities. Some key products in this market include magnifiers, screen magnification software, braille embossers and displays, optical character recognition software, braille printers, note takers, and braille watches. Such products assist the visually impaired in tasks like reading, writing, navigation, and communication through digital formats. Market Dynamics: Increasing access to healthcare facilities along with favorable public health policies is one of the major factors fueling the growth of this market. For instance, according to the World Health Organization, over 1

Amyotrophic Lateral Sclerosis (ALS) treatment Market Market Overview: The Amyotrophic Lateral Sclerosis (ALS) treatment market is estimated to be valued at US$662.3 million in 2023 and is expected to exhibit a CAGR of 4.6% over the forecast period of 2023-2030, as highlighted in a new report published by Coherent Market Insights. This market primarily focuses on therapeutics and treatment strategies for ALS, a progressive neurodegenerative disease that affects nerve cells in the brain and spinal cord. Currently, there is no cure for ALS, making the market for effective treatment options crucial. Innovative therapies and advancements in medical research are driving the development of novel treatments, aiming to slow disease progression and improve quality of life for ALS patients. Market Dynamics: The ALS treatment market is driven by two key factors, increasing prevalence of ALS and growing investments in research and development. The rising incidence of ALS worldwide has led to a

Breast Implants Market Market Overview: The global Breast Implants Market is estimated to reach a value of US$ 1,299.9 million in 2023, with a compound annual growth rate (CAGR) of 4.2% during the forecast period 2023-2030. Breast implants are medical devices used in breast augmentation and reconstruction procedures. They are designed to enhance or restore the shape and size of breasts. The market for breast implants is driven by the increasing number of breast augmentation surgeries and the growing awareness about cosmetic procedures. The rise in disposable income, advancements in implant technology, and the influence of media and fashion industry trends are also contributing to the market growth. Breast implants offer various advantages, such as improved self-esteem and body image, leading to increased demand for these products. Market Key Trends: One key trend in the breast implants market is the growing preference for silicone implants over saline implants. Silicone implants ar

  The U.S. Hospital Emergency Department Market is estimated to be valued at US$ 158.2 Bn in 2022 and is expected to exhibit a CAGR of 5.5% over the forecast period 2023-2030, as highlighted in a new report published by Coherent Market Insights. Market Overview: The U.S. Hospital Emergency Department Market refers to the specialized department within hospitals that provides immediate medical attention to patients suffering from acute injuries or illnesses. These departments are equipped with advanced medical technologies and highly trained healthcare professionals to provide timely and efficient emergency care. The market includes a wide range of products and services, such as diagnostic imaging systems, medical equipment, pharmaceuticals, and specialized treatments. Market Dynamics: The U.S. Hospital Emergency Department Market is driven by two key factors: increasing healthcare needs and technological advancements. Firstly, the rising prevalence of chronic diseases, accidents,

  Animal Healthcare Market The rising prevalence of zoonotic diseases, as well as the growing penetration of e-commerce platforms promoting online pharmacies, are expected to drive Animal Healthcare Market growth. Various developed countries around the world are acting as the focal point for the growth of high adoption of online pharmacies due to numerous benefits such as convenience and discounted prices for ordered medications. Investing in research and development (R&D) activities to improve product offerings and acceptance of advanced technologies by key players in order to transform the animal healthcare sector will result in market expansion. Over the forecast period, rising consumption of meat, milk, and other animal byproducts is expected to drive growth in the global Animal Healthcare Market . For example, the USDA National Agricultural Statistics Service (NASS) estimated November 2019 milk production in the United States at 17.440 billion pounds, up 0.5 percent from Nov

  Benzocaine Market Benzocaine, also known as americaine or anaesthesin, is an organic chemical that belongs to the benzoic acid esters class. Benzocaine is a pharmacological active component with a variety of therapeutic effects. It is used to treat sexual problems like premature ejaculation, as a topical anaesthetic in diseases like mouth and esophageal ulcers, as a pain reliever in dental diseases like tooth decay and dental caries, and to treat skin irritation like vaginal irritation in females. Benzocaine API is a solid physical substance that is somewhat soluble in water and has the chemical name Ethyl 4-aminobenzoate. The rising frequency of dental problems such as dental caries, periodontal diseases, and oro-dental trauma in people throughout the world is a significant driver driving the worldwide benzocaine market. According to a 2017 World Health Organization research, around 2.3 billion individuals worldwide suffer from dental disorders such as dental caries and pro-dental

  Spirometer Market A Spirometer measures the amount of air that enters and leaves the lungs while breathing to determine lung capacity. During a spirometer test, the patient inhales deeply into a tube that is connected to a reader and used to measure and record the lung's air capacity. Any departure from the expected spirometer readings suggests a problem with the lungs. Chronic pulmonary illnesses such cystic fibrosis, pulmonary fibrosis, emphysema, chronic bronchitis, asthma, bronchiectasis, and others can be diagnosed with a spirometer. In cases of chronic pulmonary disorders, a spirometer can also help with breathing exercises to reduce fluid and mucus buildup in the lungs. Prior to undergoing surgery, including bariatric surgery, knee replacement surgery, and others, lung function can also be evaluated with a spirometer. The Spirometer Market is anticipated to be driven by rising home healthcare demand, a growth in the prevalence of chronic respiratory disorders, and tec

  Osteoporosis Drugs Market Osteoporosis is defined by the micro-architectural degradation of bone tissue, which results in reduced bone mass and bone fragility, particularly in elderly people. Women are more susceptible to the illness than males, especially after menopause, when bone loss is hastened owing to decreased oestrogen, which protects the bones. Osteoporosis is a medical disorder that affects people and is characterised by decreased bone density and quality. Furthermore, with this medical condition, the bones become porous, making them more weak and susceptible to fractures. The disorder is caused by an excessive amount of the hormone parathyroid. The disease might result in serious fractures, which can be harmful to the patient's health. As a result, the illness necessitates therapy, which involves the administration of osteoporosis Drugs. Bisphosphonates, selective oestrogen inhibitors modulator (SERM), parathyroid hormone treatment, calcitonin, and RANK ligand inhib

  Medical Disposables Market Medical Disposables are items that are used in hospitals and other medical settings to prevent infections and ensure that medical standards are met. Medical disposables are critical in reducing the danger of cross-contamination and infections, which is a main goal of healthcare professionals and governments across the world. Traditional syringes, disposable medical catheters, isolation gowns, procedure kits and trays, blood glucose test strips, and wound care items are all examples of medical disposables. Medical Disposables are an important component of every hospital, because they are only used once before being discarded. Medical disposables are utilised in a variety of applications, including surgery, medication and fluid delivery, wound treatment, diagnostic testing, patient inspection, incontinence control, sterilising, and reducing patient pain. Medical disposables will develop in response to the demand for infection control and safety in numerous

  Radio Frequency Ablation Device Market Patients with heart illnesses (such as atrial fibrillation (AF), atrial flutter, and cardiac arrhythmias), cancer, and pain management might benefit from radiofrequency ablation (RFA). Because of its great effectiveness, simplicity of administration, and safety, it has become a preferred approach. RFA is rapidly being utilised to treat a variety of disorders, including cancer and cardiac arrhythmia. The rise in the frequency of cardiovascular disorders such as atrial fibrillation, the incidence of patients suffering from cancer and pain, and the need for minimally invasive treatments are all driving market expansion. A Radio Frequency Ablation Device is an electrical conduction system that converts electromagnetic energy into heat energy by using a high-frequency alternating current. Radiofrequency ablation is a minimally invasive procedure that uses imaging techniques such as magnetic resonance imaging, ultrasound, and computed tomography to