The global preparative and process chromatography market is expected to grow at a compound annual growth rate (CAGR) of 6.8% from 2023 to 2028, according to a new report by MarketsandMarkets. The market, valued at $11.3 billion in 2023, is projected to reach $15.6 billion by 2028. The growth in this market is driven by factors like the increasing need for biosimilars, rising demand for insulin and monoclonal antibodies, and growing use of liquid chromatography-mass spectrometry (LCMS) in...

According to a new report from MarketsandMarkets, the global hemostats market is expected to see healthy growth over the next five years. The market was valued at $2.7 billion in 2023 and is forecasted to reach $3.7 billion by 2028, reflecting a compound annual growth rate (CAGR) of 6.7%. Several key factors are driving expansion in the hemostats sector. Firstly, there has been a rise in surgical procedures globally across areas like orthopedics, neurology and cardiovascular specialties....

The global incontinence care products market is expected to reach $16.5 billion by 2028, exhibiting a CAGR of 5.6% over the next five years, according to a new report from MarketsandMarkets. Key factors driving this growth include the aging population and rising prevalence of chronic conditions leading to incontinence. However, the social stigma surrounding incontinence products could restrain market expansion to some degree. Currently valued at around $12.6 billion, the incontinence...

The global biotechnology contract manufacturing market is expected to grow at a compound annual growth rate (CAGR) of 8.3% from 2023 to 2028 to reach $24.8 billion by 2028, according to a new report from MarketsandMarkets. Key factors driving this growth include increasing outsourcing of biologics manufacturing to contract development and manufacturing organizations (CDMOs), rising demand for cell and gene therapies, and investments in production capacity expansions by contract manufacturers....

The global veterinary telemedicine market is poised for strong growth over the next several years, according a new report by market research firm MarketsandMarkets. The market, valued at $530 million in 2023, is expected to reach $1.23 billion by 2028, reflecting an impressive 18.3% compound annual growth rate (CAGR). Several key factors are contributing to the rise of veterinary telemedicine, which enables remote delivery of veterinary care through digital communication technologies. Most...

The global digital dentistry market is experiencing rapid expansion, according to a new report from marketsandmarkets. The market was valued at $7.2 billion in 2023 and is expected to reach $12.2 billion by 2028, reflecting a compound annual growth rate (CAGR) of 10.9% during that period. The growth is being fueled by several key factors, including high return on investment from digital equipment and software, increased adoption of same-day dentistry, rising cost-effectiveness, and more...

The global medical radiation shielding market is expected to grow at a compound annual growth rate (CAGR) of 6.5% from 2023 to 2028, reaching $1.8 billion by the end of the forecast period, according to a new report by MarketsandMarkets. Request for Free Sample Report The increasing use of nuclear medicine and radiation therapy for the diagnosis and treatment of diseases like cancer is driving the adoption of medical radiation shielding products. With cancer cases projected to rise from...

The global RNA analysis market is poised for robust growth in the coming years, according to a new report by MarketsandMarkets. The market, valued at $5.3 billion in 2023, is projected to reach $9.9 billion by 2028, growing at a compound annual growth rate (CAGR) of 13.4% during the forecast period. Request for Free Sample Report The growth is attributed to several factors such as the increasing demand for personalized medicine, growing R&D activities, rising government funding for drug...

The over-the-counter (OTC) test market is projected to reach USD 22.2 billion by 2024, growing at a compound annual growth rate of 11% during the forecast period of 2018-2024, according to a recent report by MarketsandMarkets. Rising prevalence of target diseases and conditions requiring rapid testing, such as diabetes and infectious diseases, is projected to drive market growth. Speak to Analyst The Asia Pacific region is estimated to see the highest growth during 2018-2024 due to the...

The global patient safety software market is projected to reach USD 2.2 billion by 2024, growing at a CAGR of 11.2%, according to a new report by MarketsandMarkets. Key factors driving this growth include the rising need to reduce healthcare costs, increasing occurrences of medical errors and hospital-acquired infections, and growing government initiatives to improve patient safety and outcomes. However, a lack of in-house IT expertise and reluctance by healthcare providers to adopt new...

The global market for specialty picture archiving and communication systems (PACS) is expected to reach $3.5 billion by 2024, representing a compound annual growth rate of 6%, according to a new report from marketsandmarkets. Specialty PACS are used to store, distribute and manage medical images within hospitals and clinics and enable doctors to access a patient's imaging records and history from anywhere in the facility. Speak to Analyst Key drivers propelling the growth of the specialty...

The global cleanroom technologies market is projected to grow at a compound annual growth rate (CAGR) of 6.8% from 2023 to 2028, reaching $11.4 billion by 2028, according to a new report by MarketsandMarkets. The market was valued at $8.2 billion in 2023. Request for Free Sample Report The rising demand for aseptic pharmaceutical formulations and continued growth in the biologics sector are key factors driving the cleanroom technologies market. Stringent regulatory standards regarding...