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The global Drug Discovery Software market valued at ~$2 billion in Next five years and is expected to grow at a CAGR of ~14% to cross $3.5 billion by 2025, driven by growing R&D spending across the world, need for cost-efficiency & faster time-to-market, stringent regulatory compliance/reporting, growing use of AI & ML in drug […]
Continue ReadingGlobal Drug Screening Market is estimated at $4.8 Bn (2020) growing at a CAGR of 15.8% through 2020-2025. The market growth is driven by growing drug use after COVID-19 pandemic and increase in abuse of illicit drugs such as cannabis. Drug screening/drug of abuse testing offers a practical way to monitor and detect a person’s […]
Continue ReadingThe Global Single-use Assemblies Market valued at $2.25 billion (2021) is set to witness a healthy growth rate of 22% by 2026. Key advantages of ready-to-use single-use assemblies, favorable funding for manufacturing of single-use solutions, growing biologics & vaccines market, and increasing biopharmaceutical R&D are some of the key factors driving the market growth. A single-use […]
Continue ReadingThe global Gastrointestinal Devices market is expected to witness a CAGR of ~5% during the forecast period, is driven by aging populations, rising GI procedures, and colorectal cancer cases. GI endoscopes lead, with single-use endoscopes seeing rapid growth due to lower risks. Ageing population, rising number of GI procedures, growing cases of colorectal cancer and […]
Continue ReadingThe global photon counting computed tomography (PCCT) market is set to witness a CAGR of ~20% in the next 5 years. Superior image quality and resolution, radiation dose reduction aided by PCCT, rising burden of chronic diseases, technological advancements and AI integration, and increased research and clinical validation are some of the key factors driving the […]
Continue ReadingThe global iodinated contrast media market is set to witness a growth rate of ~6% in the next 5 years. Increasing prevalence of chronic diseases; advancements in imaging technology; growing demand for non-invasive procedures; expanding healthcare infrastructure in emerging markets; and rising R&D efforts for new formulations are some of the key factors driving the iodinated […]
Continue ReadingThe global HIV diagnostics market is expected to grow at a CAGR of ~10% during the forecast period. Rising prevalence of HIV globally, supportive government initiatives, increasing awareness about early detection, and growing adoption of rapid self-test kits and point-of-care diagnostics are key factors driving the market growth. However, higher costs of advanced HIV diagnostic technologies, […]
Continue ReadingThe global disposable endoscopes market is expected to grow at a CAGR of ~13% during the forecast period. The rising incidences of gastrointestinal disorders and other chronic conditions, coupled with the increasing demand for infection control and growing preference for minimally invasive procedures, are some of the key factors driving the market growth. However, the high […]
Continue ReadingThe global biosimilars market is set to witness a CAGR of ~15% in the next 5 years. Impending patent expiry of blockbuster biologics, cost containment strategies by governments and payers, rising demand for affordable alternatives for costly biologics, strong regulatory support and clear guidelines, and increased physician and patient acceptance are some of the key factors […]
Continue ReadingThe global next generation sequencing market is set to witness a growth rate of ~15% in the next 5 years. Rising demand for precision medicine, technological advancements in sequencing platforms, falling costs of sequencing, growing use in clinical diagnostics, expanding applications beyond human genomics, increased government and private funding, are some of the key factors driving […]
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