Healthcare Industry News

 In 2020, Brazil registered 592,212 cancer cases and 259,949 deaths, as per the International Agency for Research on Cancer (IARC). Moreover, as per the World Health Organization (WHO), Latin America (LATAM) had recorded 1.3 million new cancer cases in 2018, which, according to the IARC, surged to 1.4 million in 2020. Similarly, the cases of heart diseases are also rising in the region on account of an unhealthy lifestyle, exposure to pollution, stress, and several genetic factors. As per P&S Intelligence, due to the surging prevalence of such chronic conditions, the LATAM wound dressing market size will grow from $344.3 million in 2020 to $549.5 million in 2030, at a 5.0% CAGR between 2021 and 2030. This is because often, these chronic diseases result in long-lasting wounds, which are slow and hard to heal. Moreover, the surgeries done to treat these conditions also lead to wounds, which require an array of dressings for their management. Of these two major kinds of products, ...

The geriatric population across the globe is rising at a rapid pace. Older people have reduced glandular and vascular network in skin layers and witness loss of fibrous tissues. These age-related changes result in the occurrence of wrinkles, skin sagging, pigmentary alteration, and dryness. Due to this, old age people are increasingly making use of anti-aging products, which aid in slowing down skin aging, thereby providing a younger look by tightening and revitalizing the skin. In addition to this, the increased social media penetration has also led to the rising consciousness regarding physical appearance.  Different anti-aging products are anti-stretch marks, anti-wrinkle, ultraviolet (UV) absorbers, and hair color. Among these, the demand for anti-wrinkle products was the highest in the past, which can be primarily ascribed to the increasing awareness regarding Botox treatment for improving skin appearance among customers. Devices that are used for reducing the aging of skin in...

As the prevalence of diseases across the globe is increasing, the need for more effective treatment methods is growing as well. The healthcare sector has been witnessing increased research & development activities for quite some time now, since there are several diseases for which no treatments are available even now. Because of all these reasons, the demand for personalized medicine has been increasing rapidly. As different patients respond differently to particular treatment, the need for shifting towards personalized treatment is growing for facilitating efficient disease management. Owing to this, the focus towards genomics, which is the study of a person’s genes (the genome), has risen considerably in the healthcare sector. In order to analyze, sequence, and assemble the function and structure of genomes, genomics makes use of a combination of deoxyribo nucleic acid (DNA) sequencing methods, recombinant DNA, and bioinformatics. As per a report by P&S Intelligence, the ...

 In 2021, the U.S. endoscope repair market was valued at $405.6 million, and it is set to reach $990.7 million by 2030, growing at a compound annual growth rate of 10.4% during 2021–2030. The rise in the acceptance of equipment insurance, the existence of stalwarts, and the surge in the incidence of malignant gastrointestinal, respiratory, and colorectal diseases are some of the factors propelling the market growth. Get More details U.S. Endoscope Repair Market Segmentation Analysis  Key Findings of U.S. Endoscope Repair Market Report • In the coming years, the ISOs category is predicted to grow at a CAGR of over 10%. This can be mostly due to the advantages offered by ISOs, such as lower costs and increased flexibility in maintaining and repairing endoscopic equipment from various OEMs. The cost of the maintenance of medical devices is high, which propels the demand for their insurance. Several firms in the country offer medical device insurance to shield equipme...

 The Royal Australian College of General Practitioners (RACGP) estimates that more than 90% of adolescents aged 16–18 years in Australia are affected by acne vulgaris. Likewise, the European Academy of Dermatology and Venereology conducted a study in Spain, France, Belgium, the Czech Republic, Italy, and Poland to extract data on the prevalence of acne. The study revealed that approximately 57.8% of the population of these nations had acne. Thus, the increasing incidence of acne will facilitate the usage of professional acne treatment drugs in the coming years.  Read More Active Professional Acne Treatment Market Overview Acne patients can use antibiotics, combinations, hormonal agents, retinoids, and electroporation (ELP), infrared laser, intense pulsed light (IPL), laser, photopneumatic, potassium titanyl phosphate laser, pulsed dye laser, photodynamic, and radiofrequency devices to treat their skin. These drugs and devices can be applied to inflammatory and non-inflamm...

The hospital-acquired infection control market was valued at $30,224.7 million in 2021, which is likely to reach $34,909.7 million by 2030, at a CAGR of 1.6% during 2021–2030.  Moreover, during the pandemic, the awareness of health and hygiene has increased among people. The spread of the COVID-19 infection has driven people to be more cognizant of personal hygiene as well as cleanliness in the public domain, for curtailing the chances of catching infections. This phenomenon is expected to drive the adoption of HAI control practices at a wide range of medical settings. •                       The market of the APAC region is predicted to advance at the highest CAGR in the near future. The demand for HAI control solutions is on the rise in the developing and underdeveloped countries of the region due to the increasing number of patients and economic expansion. •...