Life Sciences
Global Electrotherapy System Market (By Technology, Therapy, Application, End User, Region), Key Company Profiles, SWOT Analysis, Trends And Recent Developments - Forecast To 2030
The global electrotherapy system market was valued at US$ 1,153.9 Million in 2023, and the market is poised to reach US$ 1,656.4 Million by 2030. The continuous technological advancements have led to the development of more sophisticated and user-friendly electrotherapy devices. These innovations make electrotherapy systems more accessible to both healthcare providers and patients, which helps in market expansion.
Global Point Of Care Testing (POCT) Market (By Diagnostics Segment, Mode, Platform, End Users, Region), Trends, Recent Developments, Company Profiles - Forecast To 2031
The global point of care testing (POCT) market is predicted to reach US$ 79.30 Billion by 2031, from US$ 44.24 Billion in 2023. Manufacturers in the POCT market are focusing on developing novel technologies for maximum testing within a minimum period. For instance, in February 2024, Abbott Laboratories secured regulatory approval from the FDA for its Binx Now COVID-19 & Flu A/B test. This point-of-care test has the capability to concurrently identify COVID-19, influenza A, and influenza B viruses.
Global Liquid Biopsy Market (by Circulating Biomarker, Product, Application, End Users, Clinical Application, Cancer Types, Sample Type, Region & Country Analysis), Funding, Major Deals, Company Profiles And Recent Developments - Forecast To 2031
The global liquid biopsy market is predicted to reach US$ 13.72 Billion by 2031, from US$ 3.94 Billion in 2023. The advantages of liquid biopsy over solid tumor biopsy, rising prevalence of cancer, increasing preference for non-invasive procedures, growing public and private funding to support research activities in the field of liquid biopsy and favorable government initiatives, are some of the factors expected to propel market growth over the forecast period.
United States Liquid Biopsy Market (by Circulating Biomarker, Product, Application, Cancer Types, End User, Clinical Application, Sample Type), Initiatives, Funding, Major Deals, Company Profiles, And Recent Developments - Forecast To 2031
The United States liquid biopsy market was valued at around US$ 1,200 Million in 2023, and the market is projected to reach US$ 3,807 Million by 2031. The liquid biopsy market is a rapidly growing sector with numerous companies focusing on scientific advancements. For instance, in November 2023, Illumina Inc. announced TruSight Oncology 500 ctDNA v2, an advanced iteration of its liquid biopsy assay designed for comprehensive genomic profiling in oncology.
Global Neonatal Intensive Care Market (By Product Type, Application, End User And Region), Key Company Profiles, Trends, SWOT Analysis, And Recent Developments - Forecast To 2030
The global neonatal intensive care market is predicted to reach US$ 4.93 Billion by 2030, from US$ 3.45 Billion in 2023. The factors such as the rising incidence of preterm births, increasing prevalence of chronic diseases among newborn babies, and technological advancements in neonatal intensive care devices are likely to propel market growth over the forecast period. For instance, in 2022, there were 380,548 preterm births in the United States, representing 10.4% of live births.
Global Bionic Devices Market (By Product, Fixation, Technology, End User And Region), Key Company Profiles, Trends, SWOT Analysis, And Recent Developments - Forecast To 2030
The global bionic devices market was valued at US$ 5.76 Billion in 2023, and is projected to reach US$ 10.29 Billion by 2030. According to the WHO, over 430 million people have debilitating hearing loss, and almost 1.5 billion people have some sort of hearing impairment. The use of assistive devices such as cochlear implants has become critical in assisting persons with hearing loss, thereby driving the market growth.
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China In-Vitro Diagnostics Market (By Segment, Company), Size, Share, Regulations, Reimbursement, Major Deals, Trends, Key Company Profiles, Sales Analysis, And Recent Developments - Forecast To 2030
China in-vitro diagnostics market is predicted to reach US$ 28.13 Billion by 2030, from US$ 11.96 Billion in 2023. China is the largest in-vitro diagnostics market in the Asia-Pacific region, and only second to the United States in terms of value. Immunoassay and Clinical Chemistry are the leading segments of the China IVD market. Together they contributed around 60 percent to the total China IVD market in 2023.
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Saudi Arabia In-Vitro Diagnostics Market (By Technology, Application, Product, End User), Size, Share, Major Deals, Government Initiatives, Key Company Profiles, Revenue, Recent Developments - Forecast To 2030
Saudi Arabia in-vitro diagnostics market is predicted to reach US$ 1,195 Million by 2030, from US$ 780 Million in 2023. Saudi Arabian government is taking number of initiatives to improve the healthcare sector in the country. For instance, Under Vision 2030, the Saudi Arabian Government plans to invest over US$ 65 Billion to develop the country’s healthcare infrastructure. The government has set the target of privatizing 290 hospitals and 2,300 primary health centers by 2030.
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Japan In-Vitro Diagnostics Market (by Segment And Company), Size, Share, Major Deals, Trends, Company Analysis And Recent Developments - Forecast To 2030
Japan in-vitro diagnostics market is predicted to reach US$ 6.62 Billion by 2030, from US$ 4.59 Billion in 2023. Japan is facing the challenges of fighting with infectious disease including HBV, TB, HCV, and HIV, as well as various chronic disease and cancer. Japan’s quickly aging population leads to an explosion of chronic conditions such as heart disease and cancer. All of these conditions can be diagnosed and monitored using IVD products.
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South Korea In-Vitro Diagnostics Market (By Technology, Application, Product, End User), Size, Share, Major Deals, Government Initiatives, Key Company Profiles, Revenue, Recent Developments - Forecast To 2030
South Korea in-vitro diagnostics market is projected to reach US$ 5,014 Million by 2030, from US$ 3,466 Million in 2023. South Korean government is taking number of initiatives to improve the healthcare sector in the country. For instance, The Korean ‘Act on In Vitro Diagnostic Medical Devices’ came into effect on May 1, 2020, presenting an independent legal foundation to reinforce the IVD industry by promoting advanced technology to be applied promptly.
Global Narcolepsy Drugs Market (By Therapeutic Type, Disease Type, End User, Regional Analysis), Pipeline Analysis, Key Company Profiles And Recent Developments - Forecast To 2030
The global narcolepsy drugs market was valued at US$ 3,596 Million in 2023, and is projected to reach US$ 6,138 Million by 2030. Sodium oxybate segment dominates the global narcolepsy drugs market owing to its widespread usage in treating narcolepsy symptoms such as excessive daytime sleepiness and cataplexy. Sodium oxybate medications, such as Xyrem, have been widely prescribed and have demonstrated significant efficacy in managing these symptoms, leading to their dominant market position.
Global Microfluidic Devices Market (By Device Type, Material, Application, Industry And Region), Key Company Profiles, Trends, SWOT Analysis, And Recent Developments - Forecast To 2030
The global microfluidic devices market is predicted to reach US$ 45.18 Billion by 2030, from US$ 17.68 Billion in 2023. With the continuous advancements in biotechnology domain, microfluidic devices promise to be of huge commercial importance. Companies today are focusing on the development of advanced microfluidic devices for various applications by optimizing its speed and sensitivity while minimizing their size and cost.
Global 4K Medical Imaging Market, By Product (4K Medical Displays, 4K Camera Systems, 4K Advanced Visualization Systems), By End User, Regional Analysis, Key Company Profiles, Recent Developments - Forecast To 2030
The global 4K medical imaging market was valued at US$ 964.4 Million in 2022, and is projected to reach US$ 2,210 Million by 2030. The global 4K medical imaging market is dominated by the 4K Medical Displays, owing to the increasing adoption of hybrid operating rooms, which have many benefits, including the integration of multiple pieces of equipment, and cost and time efficiency.
4K Medical Imaging Market, By Type (Magnetic Resonance Imaging, Computed Tomography, X-ray, Ultrasound, Other Types), By End User, Regional Analysis, Key Company Profiles, Financial Insights, Recent Developments - Global Forecast To 2030
The global 4K medical imaging market is projected to reach US$ 2.21 Billion by 2030. The 4K X-ray segment dominates the global 4K medical imaging market owing to the rising utilization of X-rays in diagnostic centers and hospitals. 4K X-ray imaging is used across medical disciplines, including orthopedics, cardiology, oncology, and emergency medicine, to visualize anatomical structures and identify anomalies.
Global Retinal Surgery Devices Market (By Device Segment, Application, Regional Analysis), Company Profiles, Major Deals, Strategy And Recent Developments - Forecast To 2030
The global retinal surgery devices market is projected to reach US$ 4.71 Billion by 2030. Among the device types, vitrectomy packs segment accounts for the largest revenue share in the global retinal surgery devices market, owing to high usage of vitrectomy devices in procedures such as combined retinal surgery, vitreous removal, posterior vitreous detachment, epiretinal membrane removal and others. Diabetic retinopathy is likely to impact around 11.3 million Americans by 2030.