Search Results for: consumers

Nutraceutical CDMO

Growing Demand for Health and Wellness Fuels Global Nutraceutical CDMO Market Expansion by 2030

James WilsonLeave a Comment on Growing Demand for Health and Wellness Fuels Global Nutraceutical CDMO Market Expansion by 2030

The global Contract Development and Manufacturing Organization (CDMO) market in the nutraceutical sector is witnessing significant growth, with projections indicating a robust compound annual growth rate (CAGR) of approximately 8% through 2030. Fueled by increasing consumer interest in wellness, expanding applications of nutraceuticals, and the growing trend of outsourcing in the health supplement industry, the […]

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Global Direct-to-Consumer (DTC) Genetic Testing Market: Key Trends and 12% CAGR Growth by 2030

Tony KingLeave a Comment on Global Direct-to-Consumer (DTC) Genetic Testing Market: Key Trends and 12% CAGR Growth by 2030

The direct-to-consumer (DTC) genetic testing market is projected to grow at a CAGR of ~12% over the forecast period. Major factors driving growth include technological advancement in genetic analysis techniques, increasing awareness about genetic predispositions and personalized healthcare, rise in the prevalence of chronic diseases, growing consumer interest in uncovering ancestral roots and genealogy, increasing shift towards preventive […]

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FemTech Market Set for 16% CAGR Growth Boosted by AI and Telemedicine in Women’s Health by 2030

Tony KingLeave a Comment on FemTech Market Set for 16% CAGR Growth Boosted by AI and Telemedicine in Women’s Health by 2030

The global FemTech market is set to witness a growth rate of 16% in the next 5 years. Growing awareness of women’s health issues, rise in women-centric healthcare start-ups, advancements in digital health technologies, rising demand for personalized healthcare solutions, growing prevalence of chronic and reproductive health issues, supportive government initiatives & policies, and rising demand […]

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Medical Aesthetics Market: Future Growth, Emerging Trends, and 12% CAGR Expansion Through 2030

Tony KingLeave a Comment on Medical Aesthetics Market: Future Growth, Emerging Trends, and 12% CAGR Expansion Through 2030

The global medical aesthetics market is set to witness a growth rate of 12% in the next 5 years. Growing demand for minimally invasive and non-invasive procedures; rising awareness and acceptance of aesthetic procedures; technological advancements in aesthetic devices; increasing aging population and increasing disposable income and medical tourism are some of the key factors driving […]

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Global Cannabidiol (CBD) Market: Analyzing Growth, Trends, and 16% CAGR Projections for the Coming Years

Tony KingLeave a Comment on Global Cannabidiol (CBD) Market: Analyzing Growth, Trends, and 16% CAGR Projections for the Coming Years

The global cannabidiol (CBD) market is set to witness a growth rate of 16% in the next 5 years. Increasing consumer awareness and acceptance of CBD’s potential therapeutic benefits; expanding applications of CBD in healthcare and wellness; growing legalization of cannabis and CBD products; and increasing investment and product innovation efforts are some of the key […]

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US Pharmacy Market: The Increasing Role of AI and Data Analytics in Achieving 5-6% CAGR Growth by 2029

Tony KingLeave a Comment on US Pharmacy Market: The Increasing Role of AI and Data Analytics in Achieving 5-6% CAGR Growth by 2029

The US pharmacy market is projected to grow at a CAGR of approximately 5-6% from 2024 to 2029, driven by increasing prescription drug usage, an aging population, and technological advancements. Despite robust growth, the market faces challenges such as regulatory complexities and rising operational costs, which require continuous innovation and adaptation. The US pharmacy market comprises […]

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The Bionic Contact Lenses Market is poised to grow at a high CAGR of 11-13%

Tony KingLeave a Comment on The Bionic Contact Lenses Market is poised to grow at a high CAGR of 11-13%

Technological developments like component minimization, as well as expanded functionality like augmented reality (AR) integration and health monitoring capabilities, are key growth drivers for bionic contact lenses. Growing desire for individualized healthcare, as well as an increase in the prevalence of vision impairments, all help to drive market growth. Bionic contact lenses are an innovative […]

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Global FemTech Market valued at ~$22 billion (2020) is projected to rise at a healthy growth rate of 15% by 2025.

Tony KingLeave a Comment on Global FemTech Market valued at ~$22 billion (2020) is projected to rise at a healthy growth rate of 15% by 2025.

Favorable investment environment, rising adoption of telehealth, increasing burden of chronic & infectious diseases, technological advancements, growing emphasis on reproductive health & sexual empowerment in developing economies and rising awareness amongst women related to detection & management of early illness are some of the key factors driving the FemTech market growth. However, strict policies related […]

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The Bionic Contact Lenses Market is expected to expand at a CAGR of 11-13 percent.

Tony KingLeave a Comment on The Bionic Contact Lenses Market is expected to expand at a CAGR of 11-13 percent.

The adoption of bionic contact lenses is being driven by technological improvements such as component downsizing and the incorporation of enhanced features such as augmented reality and health monitoring. Furthermore, the growing need for individualized healthcare solutions, as well as the rising prevalence of vision impairments, help to drive the expansion of the bionic contact […]

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The US Branded Generics Market was valued at $19.1 billion in 2022 and is expected to increase at a pace of around 9-10% by 2027.

Tony KingLeave a Comment on The US Branded Generics Market was valued at $19.1 billion in 2022 and is expected to increase at a pace of around 9-10% by 2027.

Rising number of chronic illnesses, rise in ANDA applications and approvals, channel consolidation and significant price pressure, portfolio reduction by MNCs, patent expiry of important pharmaceuticals, and entry of Indian competitors are some of the main drivers driving the US branded generics market growth. However, greater costs relative to unbranded generics are one of the […]

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