Blogs

In 2022, the global market for probiotics in hospitals and nursing homes had a size of USD 110.2 million. It is anticipated to reach USD 245.34 million by 2032, with a projected compound annual growth rate (CAGR) of 9.3% during the forecast period. The expansion in market revenue can be attributed to several factors, including the increasing prevalence of chronic illnesses, a growing preference for natural alternatives to antibiotics, and heightened public awareness of the health benefits associ…

The global hospital consumable market had a size of USD 146 billion in 2022 and is projected to reach USD 256 billion by 2032, with a revenue compound annual growth rate (CAGR) of 7.2% during the forecast period. This demand for hospital supplies is being primarily driven by the increasing number of patients requiring admission, along with a rising incidence of chronic diseases such as cancer, diabetes, and cardiovascular conditions. Additionally, the global uptick in government healthcare expen…

The global sleep apnea oral appliances market size was USD 300 Million in 2022 and is expected to register a steady revenue CAGR of 15.1% during the forecast period, according to the latest analysis by Reports and Data. Rising usage of oral appliances is a key factor driving market revenue growth. Dental appliances or oral mandibular advancement devices prevent the tongue from blocking the throat and/or extend lower jaw forward for patients with mild to moderate obstructive sleep apnea. These ga…

The global market for contrast-enhanced Digital Mammographywas valued at USD 1.3 billion in 2022 and is projected to reach USD 2.5 billion by 2032, with a rapid revenue Compound Annual Growth Rate (CAGR) of 7.5% during the forecast period. Key drivers for this market growth include the increasing prevalence of breast cancer, growing public awareness of early breast cancer detection, and advancements in Breast Imaging technology.Breast cancer is one of the most common cancers among women, and ear…

The global Computed Tomography (CT) market had a size of USD 6.42 Billion in 2022, and it is projected to reach USD 12.87 Billion by 2032, with a rapid revenue Compound Annual Growth Rate (CAGR) of 7% during the forecast period. Key drivers of this market growth include the increasing prevalence of chronic diseases like cancer and Cardiovascular Diseases (CVDs), advancements in imaging technology, and a growing demand for less invasive medical procedures.CT scanning, a diagnostic imaging techniq…

The global market size for oxygen therapy was valued at USD 11.05 billion in 2022. It is projected to reach USD 20.83 billion by 2032, with a revenue Compound Annual Growth Rate (CAGR) of 7.3% during the forecast period. The surge in respiratory diseases like Chronic Obstructive Pulmonary Disease (COPD), asthma, and pneumonia is driving the demand for oxygen therapy equipment, which is the primary driver behind the market's revenue surge.An additional factor propelling market growth is the…

The global market size for osmometers was valued at USD 66.34 million in 2022 and is predicted to achieve USD 123.18 million by 2032. During the projected period, the market is anticipated to exhibit a revenue CAGR of 7%. The expansion of the pharmaceutical and biotechnology sectors is fostering the demand for osmometers, which are crucial for drug research and quality control. These devices are vital in determining the potency, stability, and safety of medications by assessing the osmolality of…

The global market for orthopedic orthotics had a value of USD 6.0 billion in 2022, and it is projected to reach USD 10.14 billion by 2030, with a compound annual growth rate (CAGR) of 6% during the forecast period. Several factors are driving the expansion of this market. These factors include the increasing incidence of orthopedic issues, the aging population, and the integration of advanced technology in the field of orthotics.The demand for orthopedic orthotics is on the rise due to a signifi…

The global market size for orthopedic extremityproducts was valued at USD 9.92 Billion in 2022. It is anticipated to reach USD 16.79 Billion by 2032, with a projected compound annual growth rate (CAGR) of 6.8% during the forecast period. The growth of this market is primarily fueled by factors like the growing prevalence of orthopedic disorders, a rising elderly population, and advancements in extremity device technology.Furthermore, the market's expansion is also attributed to the increase…

The global Endometriosis Market, a chronic gynecological condition, witnessed a valuation of USD 1.8 billion in 2022. Forecasts project a remarkable surge, with the market set to reach USD 4.2 billion by 2032, accompanied by a robust compound annual growth rate (CAGR) of 8.5% during the forecast period. The escalating prevalence of endometriosis and the escalating demand for effective therapeutic interventions stand as pivotal catalysts propelling the growth of market revenues. Globally, a subst…