Healthcare Industry News

 Around 17.9 million die as a result of cardiovascular diseases (CVDs) and 9.6 million as a result of cancer, every year, says the World Health Organization (WHO). Moreover, over 250 million suffer from chronic obstructive pulmonary disease (COPD), 235 million have asthma, and 422 million are living with diabetes. A lot of these diseases can be detected early via blood tests, which is the primary reason for the increasing demand for lancets. Therefore, the global lancet market, which had generated $830.3 million revenue in 2019, is projected to experience a 9.5% CAGR between 2020 and 2030 (forecast period). A lancet is a pen-like device, which contains a needle connected to a spring, meant to draw sufficient blood, in a minimally invasive manner. Till 2030, the safety bifurcation is predicted to continue generating higher revenue in the lancet market, as the preference for these devices is high, on account of their better safety profile. Owing to their single-use design, they reduc...

 The United Nations (UN) states that for the first time in history, people aged 65 years or more outnumbered children below 5 years of age in 2018, globally. As per the UN, approximately 16% of the world’s population will be aged over 65 years by 2050 and the number of persons aged 80 years or more will surge from 143 million in 2019 to 426 million in 2050. This age pool is creating a significant requirement for urological and intravenous catheters in homecare settings due to its weak urinary bladder and extensive need for regular monitoring. Additionally, the surging prevalence of chronic diseases, such as autoimmune diseases, including type 1 diabetes, inflammatory bowel disease, and systemic lupus erythematosus; neurological disorders, cancer, and cardiovascular diseases (CVDs), will help the catheter market exhibit a CAGR of 8.8% during 2020–2030. The market revenue stood at $14.3 billion in 2019, and it is projected to reach $36.0 billion by 2030. For example, according to the...

The process of breast reconstruction has drastically improved over the past 20-30 years. Apart from allowing safer procedures, these advances produce improved rates of recovery and aesthetics. They have aided patients of breast cancer and other survivors to experience regular and natural-looking fallouts that increase their confidence.  Positive breast reconstruction trends comprise: Improved Patient Awareness Liberal legislative changes recently have prioritized the education of survivors of breast cancer survivors on rehabilitative options after a mastectomy. An instance is the Breast Cancer Patient Education Act, which necessitates all hospitals that achieve mastectomies to assume this accountability. Enhanced Implant Placement Techniques Breast reconstruction doesn’t use a one-size-fits-all method. Some patients retort better to tissue transfers artificial implants, or a blend of both. One of the state-of-the-art processes is less painful and endorses faster healing. Recognized...

Flow cytometry is a method that measures and then analyses several physical properties of single particles, often cells. The relative size, granularity, and fluorescence intensity of a particle are among the characteristics that are assessed. An optical-to-electronic coupling device measures these properties by observing how well the cell or particle scatters incoming laser and emits fluorescence. By 2030, it is predicted that the flow cytometry market will be worth $10,065.4 million. How Does Flow Cytometry Function? The first phase in the flow cytometry procedure is planning the sample for analysis. Suspend any cells derived from blood, disintegrated tissues, or cell culture. The addition of antibodies tagged with fluorescent probes, or dyes that stain cellular components, allows the other samples to be spoiled.  Cells must first be frozen and permeabilized for antibodies and dyes to penetrate the cell during intracellular protein analysis. After incubating with the antigens or s...

According to the United Nations Department of Economic and Social Affairs (UNDESA), the number of people aged 65 years or more will grow from 727 million in 2020 to around 1.5 billion by 2050.  The U.S. Census Bureau forecasts that the global population of men aged 55–59 years will reach 222,508,188; men within the age group 60–64 years will rise to 198,506,354; and men in the age bracket 65–69 years will surge to 160,741,527 by 2030.  As elderly men are highly vulnerable to benign prostatic hyperplasia (BPH), the surging population of geriatric men will help the benign prostatic hyperplasia treatment market flourish during 2021–2030. According to P&S Intelligence, the market revenue will surge from about $10 billion in 2020 to around $17 billion by 2030. BPH or prostate gland enlargement occurs due to bladder or prostate cancer, kidney or bladder stones, urinary tract infections (UTI), scarring in the bladder neck caused due to previous surgeries, urethral stricture, and ...

A number of factors such as the increasing incidence of burns, growing disposable income, burgeoning geriatric population, rising cases of road accidents, and growing prevalence of skin diseases will help the topical scar treatment market exhibit a CAGR of 7.7% during 2021–2030. According to P&S Intelligence, the market revenue stood at $701.6 million in 2020, and it will reach $1,451.1 million by 2030. In recent years, the burgeoning demand for silicone-based scar treatment products has become a prominent industry trend. The rising prevalence of burn injuries is one of the primary growth drivers of the market, as scars are often formed due to skin damage caused owing to burns. According to the WHO, approximately 180,000 burn-related deaths are caused every year, globally. Nearly two-thirds of these deaths are recorded in the African and SEA regions. As per an article published in the Experimental and Therapeutic Science Journal in April 2019, over 10 million people in China suffer...

In 2021, the global interbody spine implants market accounted for $1,904.8 million revenue, which is expected to touch $2,471.8 million by 2030, at a 2.9% CAGR. Advancements in spinal surgery technologies, increasing demand for spinal fusion devices owing to the rising prevalence of spinal ailments, fast acceptance of minimally invasive spine operations, and surging number of sophisticated bone-grafting product launches are the primary drivers for the market. Market Opportunities • Owing to the aging of the global population, there is a continuing demand for spinal implants, which drives spinal implant innovation. Metallic biomaterial implants, bioceramic implants, and polymeric implants have been developed for improved clinical results. • Many companies offer products for advanced techniques, including oblique lateral interbody fusion (OLIF), robot-assisted spine surgery, and 3D printing, which offer several opportunities in the field of neurology drugs and surgeries. In the comin...