The U.S. digital health market is predicted to reach US$191.64 billion in 2025, progressing at a CAGR of 28.40%, over the period 2021-2025. The factors such as increasing geriatric population, growing usage of mobile devices, surging prevalence of arthritis, hike in healthcare expenditure, expanding urbanization and mounting penetration of internet users would drive the growth of the market. Ho ..
The global CDMO market is estimated to reach US$241.3 billion in 2024, growing at a CAGR of 9.80% for the period spanning from 2020 to 2024. The factors such as increasing per capita disposable income, increasing global healthcare expenditure, rising aging population, increasing R&D spending, growing number of new drugs, rise in investments and strategic collaborations and growing demand fo ..
The global contact lens market is forecasted to reach US$9.92 billion in 2024, growing at a CAGR of 7% for the period spanning 2020-2024. The factors such as increasing spending on eyewear products by population, rising prevalence of myopia, rapid urbanization, improving consumer confidence index and accelerating personal disposable income are expected to drive the market. However, growth of th ..
The global dry eye disease market is predicted to reach US$4.28 billion in 2024, witnessing growth at a CAGR of 5.23%, over the period 2020-2024. The factors such as increasing geriatric population, growing burden of diabetes, rising healthcare expenditure, surging prevalence of arthritis and upswing in air pollution are expected to drive the market. A few notable trends include the emerging nu ..
The global cough, cold & allergy (CCA) treatment market is expected to reach US$35.36 billion in 2024, growing at a CAGR of 3.90%, for the duration spanning 2020-2024. The factors such as rising demand for over-the-counter (OTC) medicines, upswing in air pollution, growth in the geriatric population, increasing pharmaceutical R&D spending, rising prevalence of asthma and upsurge in heal ..
The global inhaled nitric oxide market is predicted to reach US$1.22 billion in 2024, witnessing growth at a CAGR of 5.90%, over the period 2020-2024. The factors such as rising healthcare expenditure, increasing geriatric population, surging prevalence of asthma, expanding urbanization, growing obese population and emerging economic growth would drive the growth of the market. However, the mar ..
The global monoclonal antibodies market is expected to reach US$161.7 billion in 2024, increasing at a CAGR of 7.21%, for the duration of 2020-2024. The factors such as, increasing incidences of new cancer cases, escalating sales of biologics, growth in geriatric population, increasing pharmaceutical R&D spending, rise in prevalence of diabetes and upsurge in healthcare expenditure would dr ..
The global telehealth market is forecasted to reach US$20.18 billion in 2024, growing at a CAGR of 7.95% for the period spanning 2020-2024. The factors such as rising chronic respiratory disease incidence, increasing geriatric population, inclining personal healthcare expenditures, growing possession of smartphones, escalating online consultants in China and supportive government policies& ..
The global BCG vaccine market is anticipated to reach US$65.53 million in 2024, growing at a CAGR of 4.70% during the period spanning 2020-2024. Growth in the global BCG vaccine market was driven by factors like increasing prevalence of tuberculosis, rising R&D funding on tuberculosis, growing incidences of bladder cancer, increasing prevalence of extensively drug resistant tuberculosis and ..
The global infrared thermometer market is forecasted to reach US$16.4 million in 2024, growing at a CAGR of 7.48%, for the period spanning from 2020 to 2024. The factors such as growing food industry, rising personal healthcare expenditures, increasing chronic respiratory disease incidence, growth in geriatric population, improving consumer confidence and need for accurate, safe and s ..