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The global gene therapy market is projected to grow at a significant CAGR of 20% from 2024 to 2029. This growth is driven by advancements in gene-editing technologies, a surge in research funding, an increasing prevalence of genetic disorders, and rising demand for personalized medicine. However, high costs associated with gene therapies and limited accessibility in […]
Continue ReadingThe cell line development market is growing at a CAGR of approximately 8-10% due to the increasing adoption of cell-based therapies. Key drivers include the rising demand for monoclonal antibodies, advances in bioprocessing technologies, growing focus on personalized medicine, and increased R&D investments in biopharmaceuticals. However, challenges such as high costs, lengthy development timelines, and regulatory […]
Continue ReadingThe global health information exchange (HIE) market is projected to grow at a CAGR of 9-11% from 2024 to 2029. This growth is fueled by increasing demand for seamless data exchange among healthcare providers and advances in IT infrastructure of various countries. Additionally, the rise of value-based care models and a focus on improving patient outcomes […]
Continue ReadingThe pharmaceutical manufacturing equipment market is projected to grow at a CAGR of 6-8% during the forecast period. Growth is driven by rising pharmaceutical demand, advancements in automation, increased adoption of biologics, and regulatory emphasis on GMP compliance. The need for cost-efficient manufacturing and eco-friendly practices also propels the market. However, high capital investment and operational […]
Continue ReadingThe global telehealth and telemedicine market is projected to grow at a CAGR of approximately 25% from 2024 to 2029. Key drivers include the growing prevalence of chronic diseases, increasing adoption of digital health technologies, rising geriatric population, the cost-effectiveness of remote healthcare, and favourable government policies promoting telehealth infrastructure. However, challenges such as data privacy […]
Continue ReadingThe global veterinary diagnostics market is projected to grow at a CAGR of approximately 10% during the forecast period. This growth is fueled by the increasing prevalence of animal diseases, advancements in diagnostic technologies, rising pet ownership, and expanding awareness of animal healthcare. However, high costs of diagnostic equipment and limited access to veterinary services in […]
Continue ReadingThe US dental chains market is set to witness a growth rate of 7% in the next 5 years. The increasing consolidation of independent dental practices; rising demand for preventive and cosmetic dentistry; technological advancements; the growing elderly population in the US; and economies of scale are some of the key factors driving the dental chains […]
Continue ReadingThe global surgical robots market is projected to grow at a CAGR of 15% from 2025 to 2030. This growth is driven by increasing demand for minimally invasive surgical procedures, technological advancements in robotic systems, and a growing geriatric population susceptible to chronic conditions requiring surgical interventions. Surgical robots enable enhanced precision, reduced recovery times, and […]
Continue ReadingThe global healthcare asset management market is projected to grow at a CAGR of 25% from 2025 to 2030. This growth is driven by the increasing adoption of real-time tracking technologies, rising demand for operational efficiency, and regulatory requirements emphasizing asset utilization and management in healthcare facilities. Healthcare asset management enhances clinical workflows, enabling seamless tracking […]
Continue ReadingThe US child care market is set to witness a growth rate of 6% in the next 5 years. Increased workforce participation by parents; government support and funding programs; rising awareness of early childhood development; urbanization and changing family structures; technological integration in child care centers and employer-sponsored child care programs are some of the key […]
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