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Showing posts from January, 2025

Vaccine Storage Equipment Market: Trends, Opportunities, and Growth Drivers

 The vaccine storage equipment market is experiencing robust growth, driven by advancements in healthcare infrastructure, the increasing global demand for vaccines, and rising concerns about maintaining vaccine efficacy through proper storage. Vaccines are highly sensitive biological substances that require specific temperature conditions to remain effective. The equipment used to store vaccines, including refrigerators, freezers, and monitoring devices, plays a crucial role in ensuring the success of immunization programs worldwide. In this blog, we will explore the vaccine storage equipment market, its current trends, growth opportunities, key challenges, and the factors influencing its expansion. Download PDF Brochure: https://www.marketsandmarkets.com/pdfdownloadNew.asp?id=52873073 Market Overview The vaccine storage equipment market refers to the segment of the healthcare industry that manufactures and distributes equipment designed for storing vaccines at controlled ...

Peritoneal Dialysis Market worth $12.70 Billion by 2029

 The Global Peritoneal Dialysis Market , valued at US$9.12 billion in 2023, is forecasted to grow at a robust CAGR of 5.8%, reaching US$9.58 billion in 2024 and an impressive US$12.70 billion by 2029. The market is also growing due to a number of drivers. For example, the prevalence of chronic kidney disease (CKD) is increasing in various countries; the demographic population is aging; and home-based therapies are the preferred choices for patients. According to the CDC, an estimated 14% of US adults, or 35.5 million, have CKD. The CDC reported that CKD was more common among people aged 65 years or more, which accounted for 34% than people aged between 45-64 years, which had 12%, and those aged 18-44, 6%. Going by markets like China, which is one of the leading markets in terms of the global dialysis population, the government is also promoting PD as the treatment choice at home with additional reimbursement and support. All these factors-rising patient populations, government supp...

Cell Isolation/Separation Market worth $8.4 billion by 2029

 The global Cell Isolation Market is expected to grow from USD 4.6 billion in 2024 to USD 8.4 billion by 2029, at a CAGR of 12.9%. The growth of the cell isolation market is driven by advancements in technology and the development of new, cost-effective, and user-friendly products. In recent years, key players have introduced innovative products such as Thermo Fisher Scientific’s next-generation Gibco CTS Detachable Dynabeads, BD’s FACSDiscover S8 cell sorter, and ALFA LAVAL’s CultureOne Maxi, which are expected to boost adoption. Increased government funding for cell-based research, such as the recent $2.9 million grant from the National Institute of Neurological Disorders and Stroke to the University of Buffalo, supports the development of new treatments for chronic diseases. Additionally, the rising incidence of cancer and infectious diseases, alongside a focus on personalized medicine and next-generation therapeutics, is further propelling market growth. However, the market fa...

Pharmaceutical Gelatin Market worth $1.5 billion by 2027

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 The global pharmaceutical gelatin market growth forecasted to transform from $1.1 billion in 2022 to $1.5 billion by 2027, driven by a CAGR of 5.5%. Growth of this market is attributable to various factors such as rising demand for pharma gelatin in vaccines, tablets, and other applications. Furthermore, the launch of the novel, technologically advanced, and user-friendly pharma gelatin is likely to increase global demand. Download PDF Brochure: https://www.marketsandmarkets.com/pdfdownloadNew.asp?id=21807555 Browse in-depth TOC on “Pharmaceutical Gelatin Market” 185 — Tables 32 — Figures 196 — Pages Hard capsules segment held a major share in pharmaceutical gelatin market in 2021. Based on applications, the pharmaceutical gelatin market is segmented into hard capsules, softgel capsules, tablets, absorbable hemostats, and other applications. Hard capsules accounted for the largest share in the pharmaceutical gelatin market in 2021. The large share of this segment is attributed to...

AI in Precision Medicine Market to Hit US$ 3.92 Billion by 2030

 The global AI in precision medicine market is projected to reach USD 3.92 billion by 2030 from USD 0.78 billion in 2024, at a CAGR of 30.7% from 2024  to 2030. The major factors driving the growth of the AI in precision medicine market include rapidly increasing need for more customized treatments, improvement in genomics and multi-omics technologies, and a drive to accelerate drug development is driving advances in AI in precision medicine. The ability of AI to analyse such complex biological and clinical data thus allows quicker identification of mechanisms for the disease as well as tailored therapies. Additionally, factors such as increasing costs of healthcare and failures of traditional approaches pave the way for embracing AI in an aim to optimize diagnostic procedures, advance the methodologies of treatment, and elevate patient outcomes. Download PDF Brochure: https://www.marketsandmarkets.com/pdfdownloadNew.asp?id=153786351 Browse in-depth TOC on "AI in Precis...

Vaccine Storage Equipment Market worth $1.21 billion by 2029

 The report “ Vaccine Storage Equipment Market by Product (Refrigerator (Large & Small Capacity)), Freezer ((Low & Ultra-Low Temperature Freezer)), Vaccine Carrier/Cold Box, Monitoring Device ((Temperature Monitoring & Alarm)), Type, End User- Global Forecast to 2029” , is valued at an estimated USD 0.86 billion in 2024. The size is projected to reach USD 1.21 billion by 2029, at a CAGR of 7.2% Browse 300 market data Tables and 50 Figures spread through 300 Pages and in-depth TOC on “Vaccine Storage Equipment Market by Product (Refrigerator (Large & Small Capacity)), Freezer ((Low & Ultra-Low Temperature Freezer)), Vaccine Carrier/Cold Box, Monitoring Device ((Temperature Monitoring & Alarm)), Type, End User- Global Forecast to 2029” View detailed Table of Content here  —  https://www.marketsandmarkets.com/Market-Reports/vaccine-storage-equipment-market-52873073.html The growth in the vaccine storage equipment market is driven by rising need for temperature...

The Role of Artificial Intelligence in Revolutionizing the Clinical Trials Market

 In recent years, artificial intelligence (AI) has emerged as a transformative force across various industries, and its impact on the clinical trials market has been no exception. With the growing demand for faster, more efficient drug development processes, AI technologies have paved the way for innovation in trial design, patient recruitment, data analysis, and outcome prediction. This blog explores the dynamic role of AI in the clinical trials market , its benefits, challenges, and future prospects. Introduction to AI in Clinical Trials Clinical trials are a critical phase of drug development, designed to test the safety and efficacy of new therapies. However, traditional methods often face significant hurdles, including high costs, lengthy timelines, and challenges in patient recruitment. Enter artificial intelligence—a powerful tool that leverages machine learning (ML), natural language processing (NLP), and big data analytics to optimize clinical trial operations. The a...

Artificial Intelligence (AI) in Medical Imaging Market worth $4.54 billion by 2029

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 The global AI medical imaging market , valued at US$1.29 billion in 2023, is forecasted to grow at a robust CAGR of 22.4%, reaching US$1.65 billion in 2024 and an impressive US$4.54 billion by 2029. The factors driving the market growth include increasing government initiatives on AI-based technologies, higher funding for AI startups, a massive inflow of big data, and growing cross-industry collaborations. The market offers significant opportunities, particularly in untapped emerging markets such as Latin America, Southeast Asia, and Africa, where expanding healthcare infrastructure creates demand for cost-effective, AI-powered diagnostic solutions. Furthermore, a focus on developing human-aware AI systems that align with clinician decision-making and provide interpretable, patient-centered insights is immense to foster trust and adoption in medical settings. AI’s capability to enhance early detection, automate imaging workflows, and integrate with advanced imaging modalities posi...

Exploring the Growth and Innovations in the MRI Systems Market

 The MRI Systems Market has experienced significant growth over the past decade, driven by technological advancements, increasing demand for early and accurate diagnostics, and the expanding applications of MRI technology in medical imaging. Magnetic Resonance Imaging (MRI) systems are essential tools in modern healthcare, providing detailed images of soft tissues, organs, and other internal body structures without the use of ionizing radiation. As the global healthcare industry continues to evolve, the MRI systems market is positioned for continued expansion, with new innovations shaping the future of diagnostic imaging. Download an Illustrative overview:  https://www.marketsandmarkets.com/pdfdownloadNew.asp?id=99 Key Factors Driving Growth in the MRI Systems Market Technological Advancements: One of the primary drivers of the MRI systems market is the continuous development of advanced imaging technologies. Innovations like higher-field MRI systems (such as 3T and ...

Orthopedic Devices Industry worth $48.1 billion by 2028, with a CAGR of 4.8%

 The orthopedic devices industry is expected to grow steadily over the next few years, driven by increasing demand for orthopedic devices as a result of rising rates of chronic conditions such as osteoarthritis and obesity, as well as increasing rates of trauma-related injuries. The industry is also likely to benefit from advances in technology, such as 3-D printing and robotics, which are enabling the development of more precise and personalized orthopedic devices. Additionally, the growing trend of home-based medical care is expected to drive the demand for at-home orthopedic devices, such as braces and splints. As the global population continues to age, the demand for orthopedic devices is expected to remain strong. Orthopedic Devices market in terms of revenue was estimated to be worth $36.3 billion in 2022 and is poised to reach $48.1 billion by 2028, growing at a CAGR of 4.8% from 2022 to 2028 according to a latest report published by MarketsandMarkets™. Increasing cases o...