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Showing posts from February, 2023

Tissue Banking Market - Forecast (2023 - 2028)

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The market size of Global Tissue Banking for 2019 is $42,599m and is set to grow at a CAGR of 4.0% during the forecast period 2020–2025 owing to a rise in tissue transplant cases and rising incidences of cancers, cardiovascular diseases, and diabetes. The market is witnessing several trends such as a shift in public perception toward cord tissue and blood storage, improving techniques for the use of cord tissues in cellular therapy, and potential cure for cancers, blood disorders, and immune and genetic diseases. With the increase in the harmonization of biobanks and research collaboration, the tissue banking market is set to grow positively during the forecast period. Key Takeaways The global tissue banking market is poised to exhibit a CAGR of 4.0% percentage during the forecast period (2020–2025), attributed to rising demand for transplantation. Major factors driving growth of the global tissue banking market is increase in the demand for regenerative medicines.   The wide range of

Kinesio Tape Market - Forecast (2023 - 2028)

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Kinesio Tape Market size is projected to reach $316.2 million by 2024, and is estimated to grow at a CAGR of 10% during the forecast period 2020-2025. Kinesio tapes are used for joint and muscle pains and they do not restrict the body movements. Many people are increasingly adopting an active lifestyle leading to a rise in the number of minor accidents and growth of Kinesio Tape industry. Such accidents during exercise, sports and other physical activities will contribute to an increased use of Kinesio tapes and thus a lead to a growth of its market. This Kinesio Tape market report provides market share of Kinesio Tape top 10 companies along with detailed Kinesio Tape industry outlook. Key Takeaways Kinesio market size is $178.5 million in 2019 and is estimated to grow at significant pace owing to the rising number of minor physical accidents during exercises and other physical activities. The active lifestyle of people and the increased rehabilitative use of these tapes will drive th

Soy Protein Isolate Market - Forecast (2023 - 2028)

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Soy Protein Isolate Market size is forecast to reach $3.45 billion by 2025, growing at a CAGR of 4.86% during 2020-2025. Increasing demand of fortified foods and increasing consciousness about health and nutrition among consumers are the major factors driving the growth of the market. High functional property of soy protein isolates and growing inclination towards vegan diets coupled with the consumers demand for product transparency will further enhance the overall market demand of soy protein isolate during the forecast period. Key Takeaways North America dominates the soy protein isolate market owing to health consciousness people and the rise in the adoption of plant based meat. The soy protein isolate market scope for different regions will be provided in the final report. The increasing prevalence of cardiovascular diseases and fatty liver diseases has led to the adoption of soy protein isolates products among the consumers and the increasing shift to vegetarianism is likely to

CRISPR Technology Market - Forecast(2023 - 2028)

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CRISPR Technology Market size is forecast to reach $2.46 billion by 2025, growing at a CAGR of 24.25 % during the forecast period 2019-2025. Increasing availability of private and government funding and rising incidences of related to genetic disorders are the major factors driving the growth of the market. Need for advanced therapies for cancer and technological advancements in the gene editing techniques along with favorable regulatory technique will further enhance the overall market demand of CRISPR technology during the forecast period. Key Takeaways North America dominates the CRISPR Technology Market owing to adoption of CRISPR technology by the biopharmaceutical companies and growing research by the academic & research organizations. The growing funding from government and private sectors and the increasing use of CRISPR technology in various industries & the development in the drug discovery is likely to aid in the market growth of CRISPR technology. Detailed analysis

Antipsychotic Drugs Market - Forecast 2019-2025

The Antipsychotic Drugs market size is $14.96 billion in 2018. The global Antipsychotic Drugs Market has been forecasted to reach $19.74 billion by 2025, growing at a CAGR of 4.0% during the forecast period 2019-2025. The market is currently witnessing a growth owing to the increasing prevalence of psychotic disorders reported globally. Also, the huge investments for research and development to create new drugs are further fueling market growth. Key Takeaways The North America region has been estimated to hold the largest revenue share owing to the higher prevalence of psychotic disorders in the region as well as the greater availability of advanced healthcare. The growing prevalence of psychotic disorders worldwide is said to drive the market growth. Companies are also investing in research for developing better drug formulations for combating these mental disorders. The drugs used for the treatment of these disorders is known to cause addiction if taken in higher quantities. This i

Bioresorbable Stents Market Forecast (2020-2025)

Bioresorbable Stents Market size is valued at $ 31,779 thousand in 2019, and is estimated to reach $36,489 thousand by 2025, growing at CAGR of 2.6% during the forecast period of 2020-2025. The Bioresorbable Stents Market growth rate is attributed to the high prevalence of cardiovascular diseases, steep increase in the aging population, and the expanding base of the obese population coupled with busy lifestyle, unhealthy foods and less physical activity increase the chances of having cardiovascular disease and foster the market growth. The devices are generally made of metallic or plastic tubes used for the treatment of blockades of the arteries in the heart. Traditionally, stents are made of metal mesh and remain in the body permanently until they are removed through surgical intervention. But nowadays, bioresorbable stents, also known as biodegradable stents, are made of materials which get dissolved or absorbed in the body. A bioresorbable stent has no permanent implant. It gets gr

Medical Information Systems Market - Forecast(2023 - 2028)

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The Medical information market contributed a value of $2.9 billion in the year 2020 and is poised to grow at a CAGR of 7.9% over the forecast period of 2021-2026. Medical information caters to the needs of biopharmaceutical companies, innovators and patients. It helps in facilitating the transfer of knowledge and information to the parties interested. Publications, Drug Developments and other reviews related to the product are some of the information asked by the parties interested. The role of Medical Information specialists entails providing the data of pre-clinical research performed in-house or through other research platforms to those interested. COVID-19 has further pushed the market, as the clinical trials have increased to produce drugs and vaccines, which in turn will help the medical information market. Information related to health insurance is also facilitated by the medical information market through their outsourcing unit. Developments such as IoT, AI, and Big Data will f

Human Insulin Market Forecast (2020-2025)

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Human Insulin Market size is forecast to reach $27.81 billion by 2025, growing at a CAGR of 5.40% during the forecast period 2020-2025. Insulin is a peptide hormone, secreted in the pancreas by beta cells of the islets of Langerhans, and it helps to regulate glucose metabolism. The rising number of diabetic patients and technological advancements in insulin delivery devices are the major factors driving the growth of the market. The rise in disposable income and increasing awareness about diabetes-related disorders is set to further enhance the overall market demand for human insulin during the forecast period 2020-2025. Key Takeaways North America dominated the Human Insulin Market in 2019 owing to the rising prevalence of diabetes and the increasing geriatric population. The Human Insulin Market scope for different regions will be provided in the final report. Implementation of regulations against the needle stick injuries and favourable government policies is likely to aid in the m

Gonorrhea Diagnostics Market – Forecast (2023-2028)

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 The Gonorrhea Diagnostics Market  is estimated to reach $13.6 billion by 2028, growing at a CAGR of 8.9% over the forecast period 2023-2028. Gonorrhea is a sexually transmitted infection afflicted by a bacterium that can affect both genders. Most often, gonorrhea impacts the urethra, rectum or throat. The recommended treatment for gonorrhea includes fluoroquinolone and ciprofloxacin. Cephalosporins, ceftriaxone (intramuscular) or cefixime (oral) are the recommended alternatives. However, recent audit data reveal other cephalosporins, including cefuroxime (intramuscular or often oral), that are currently being used to treat gonorrhea. Gonorrhea can also infect the cervix in females. Most frequently, gonorrhea is spread through vaginal, oral or anal intercourse. But after childbirth, newborns of infected mothers can contract the disease. Gonorrhea most frequently damages the eyes in infants. According to the Women’s Health & STIs article, for vaginal infections, traditional diagnost