healthcare news

  The global Suboxone Market is estimated to be valued at US$ 6.47 Bn in 2023 and is expected to exhibit a CAGR of 5.0% over the forecast period 2023 to 2030, as highlighted in a new report published by Coherent Market Insights. Market Overview: Suboxone is used to treat opioid addiction by suppressing opioid withdrawal symptoms. It consists of sublingual film or tablets containing buprenorphine and naloxone. This combination helps in reducing drug cravings and risk of misuse while providing pain relief. Market key trends: One of the key trends in the Suboxone market is the increasing adoption of telehealth. Telehealth involves the use of digital information and communication technologies, such as mobile health apps, video conferencing via smartphone, tablet or computer, wearables, and remote patient monitoring, to deliver medical services virtually. During the pandemic, there has been a significant rise in the use of telehealth platforms for access to substance use disorder ...

  The global Sciatica Market is estimated to be valued at US$ 6962.2 Mn or Mn in 2023 and is expected to exhibit a CAGR of 5.1% over the forecast period 2023 to 2030, as highlighted in a new report published by Coherent Market Insights. Market Overview: Sciatica refers to leg pain caused by compressed, damaged, or irritated lumbar or sacral nerve roots in the back. It usually occurs on one side of the body and radiates from lower back through the hips and buttocks and down one leg. Sciatica is commonly caused by herniated disc, arthritis, tight muscles, and other issues affecting the back and hips. Physiotherapy plays an important role in the management of sciatica without surgery via techniques like spinal manipulation, thermotheraphy, and overall wellness management. Market key trends: One of the major trends in the sciatica market is increasing cases of herniated disc and spinal stenosis. Herniated discs and spinal stenosis are the most common causes of sciatica. Factors s...

  The global Medical Ozone Generator Market is estimated to be valued at US$ 130.5 Mn in 2023 and is expected to exhibit a CAGR of 6.1% over the forecast period 2023 to 2030, as highlighted in a new report published by Coherent Market Insights. Market Overview: Medical ozone generator are devices use to generate ozone gas from medical grade oxygen. They are used in various therapeutic and disinfection applications. These generators provide an affordable and effective solution for reducing infections and improving wound healing in medical facilities. Market key trends: One of the key trends in the medical ozone generator market is the increasing adoption of ozone therapy for various medical applications. Ozone therapy is gaining popularity for treatment of various conditions such as joint pain, herniated discs, sprains, bone injuries and arthritis. It enhances oxygen supply to tissues promoting healing. It also has broad-spectrum antimicrobial effect making it ideal for infect...

  The global Handheld Backscatter X-Ray Device Market is estimated to be valued at US$ 57.1 Mn in 2023 and is expected to exhibit a CAGR of 6.0% over the forecast period 2023 to 2030, as highlighted in a new report published by Coherent Market Insights. Market Overview: Handheld backscatter x-ray devices are portable security screening systems that utilize low-level x-ray backscattering technology for detecting concealed explosives, weapons, and other threats on a person's body, garments, or personal effects without requiring direct contact or disrobing. These devices provide rapid, physical screening at speeds up to 1 person per second without physical contact. Market key trends: One of the major trend in the handheld backscatter X-ray device market is the growing need for continuous monitoring and screening at airports, public transport stations, special events and venues. With rising security threats, there is an increasing demand for innovative security screening technolo...

  The global Infection Surveillance Solutions Market is estimated to be valued at US$ 683.8 Mn in 2023 and is expected to exhibit a CAGR of 14 % over the forecast period 2023 to 2030, as highlighted in a new report published by Coherent Market Insights. Market Overview: Infection surveillance solutions enable effective tracking and monitoring of infections in healthcare facilities. These solutions help identify infection sources, analyze trends, and control the spread of infections. Market key trends: One of the key trends driving the market growth is increasing healthcare expenditure. Rising healthcare expenditure has encouraged hospitals and other healthcare facilities to invest in advanced infection surveillance solutions to deliver better patient care and curb hospital-acquired infections. These solutions not only help reduce preventable infections but also decrease unnecessary antibiotic use and cut costs associated with additional treatment. For instance, effective infect...

  The global Healthcare Contract Research Outsourcing Market is estimated to be valued at US$ 130.3 Bn in 2023 and is expected to exhibit a CAGR of 15% over the forecast period 2023 to 2030, as highlighted in a new report published by Coherent Market Insights. Market Overview: Healthcare contract research outsourcing involves outsourcing R&D related activities for drugs, medical devices and other healthcare products. This helps pharmaceutical and medical device companies to reduce costs and focus on core functions. Market key trends: One of the major trends in the market is growing adoption of telehealth and remote patient monitoring services. The COVID-19 pandemic has accelerated the usage of telehealth as it allows remote monitoring of patients. Various contract research organizations are partnering with telehealth companies to provide end-to-end clinical research solutions virtually. This is expected to significantly reduce costs related to patient recruitment and rete...

  The global Cervical Total Disc Replacement Device Market is estimated to be valued at US$ 2.4 Bn in 2023 and is expected to exhibit a CAGR of 21% over the forecast period 2023 to 2030, as highlighted in a new report published by Coherent Market Insights. Market Overview: Cervical total disc replacement devices are implants used to replace damaged spinal discs in the neck region. These implants reduce neck and arm pain by preserving motion between vertebrae and maintaining cervical lordosis. They offer advantages over fusion surgery such as reduced adjacent segment degeneration and faster recovery time. Market key trends: The integration of wearable sensors with total disc replacement devices is a major trend in the market. Emergence of sensor-enabled cervical discs allows continuous monitoring of patient's spine health. Sensors measure parameters like load, displacement and motion of the cervical spine. This data is wirelessly transferred to a mobile app or web portal allow...

  The global Cardiovascular Monitoring And Diagnostic Devices Market is estimated to be valued at US$ 2,955.1 Mn or billions in 2023 and is expected to exhibit a CAGR of 10% over the forecast period 2023 to 2030, as highlighted in a new report published by Coherent Market Insights. Market Overview: Cardiovascular monitoring and diagnostic devices are used to monitor and analyze the heart rate, blood pressure and other parameters. These devices aid in detection of cardiovascular diseases at an early stage and help physicians in effective treatment. Market key trends: Remote patient monitoring through telemonitoring devices is emerging as an important trend in the cardiovascular monitoring and diagnostic devices market. Telemonitoring devices allow continuous monitoring of patients at home and transfer of the records to healthcare professionals. They help in early detection of deteriorations or complications. The adoption of telemonitoring devices is expected to witness signifi...

  The global Medical Transcription Services Market is estimated to be valued at US$ 75.6 Bn in 2023 and is expected to exhibit a CAGR of 6.4% over the forecast period 2023-2030, as highlighted in a new report published by Coherent Market Insights. Market Overview: Medical transcription services involve transcribing doctor's instructions, medical reports, and meeting minutes into text from an audio file. This helps maintain accurate medical records of patients. With the advancement of cloud technology and virtual healthcare, online medical transcription has gained popularity as doctors and hospitals can receive transcribed documents directly on their digital devices without waiting for physical transcription. Market key trends: The growing adoption of electronic health records and virtual healthcare services during COVID-19 pandemic has boosted the demand for online medical transcription. As per a survey, over 90% of doctors in the U.S. are now using online consultation platfo...

  The global High Content Screening Market is estimated to be valued at US$ 1,847.2 Mn in 2023 and is expected to exhibit a CAGR of 5.8% over the forecast period 2023 to 2030, as highlighted in a new report published by Coherent Market Insights. Market Overview: High Content Screening (HCS) is an automated imaging and analysis technique that enables researchers in life sciences to observe biological functions within live cells in a multi-parametric manner. HCS helps to study cell biology and detect the activity of various compounds for applications such as drug discovery. It provides advanced data analysis capabilities by quantifying a variety of parameters relevant to cell health and function. Market key trends: The growing adoption of cloud-based high content screening solutions is one of the major trends witnessed in the global market. Cloud infrastructure provides numerous advantages such as reduced capital investment, easy data storage & access, scalability, and impr...

  The global Hemophilia Treatment Market is estimated to be valued at US$ 15,197.8 Mn in 2023 and is expected to exhibit a CAGR of 6.3% over the forecast period 2023 to 2030, as highlighted in a new report published by Coherent Market Insights. Hemophilia is a rare genetic bleeding disorder that causes prolonged or spontaneous bleeding from minor cuts or bruises, bleeding from the gums, internal bleeding in muscles and joints. Treatment products such as recombinant and plasma-derived coagulation factor concentrates, desmopressin, and antifibrinolytics are being used to treat hemophilia. Advances in cell and gene therapies are offering new hope for curative treatment options that can potentially eliminate or reduce invasive treatments over the lifetime of people with hemophilia. Market Overview Hemophilia treatment involves replacement of clotting factors which are deficient or missing in the blood of hemophilic patients. The advent of new therapeutic approaches such as gene th...

  The global Wound Debridement Products Market is estimated to be valued at US$ 779.9 Mn or Million in 2023 and is expected to exhibit a CAGR of 9.2% over the forecast period 2023 to 2030, as highlighted in a new report published by Coherent Market Insights. Market Overview: Wound debridement products such as mechanical debridement pads/gels, ultrasonic debridement devices, hydro surgical debridement devices, and larval therapy are used for removing dead, contaminated or damaged tissue from a wound to promote healing. They minimize disruption and trauma, allowing granulation to progress. Market key trends: Increased prevalence of chronic diseases such as diabetes that drive chronic wounds is fueling the demand for wound debridement products. Moreover, rapid increase in geriatric population that are more prone to developing pressure ulcers and arterial ulcers has spiked the demand. Usage of advanced technologies such as ultrasound and hydrosurgery devices for quick and effecti...

  The global Vascular Patches Market is estimated to be valued at US$ 380.9 Mn in 2023 and is expected to exhibit a CAGR of 7.9% over the forecast period 2023 to 2030, as highlighted in a new report published by Coherent Market Insights. Market Overview: Vascular patches are medical devices used in cardiovascular surgeries for vascular reconstruction and repair of blood vessels. They are made of both synthetic and biological materials with hemostatic properties to stop bleeding at the surgical site. They come in a variety of sizes and shapes depending on the size of the defect in the blood vessel or cardiovascular structure. Market key trends: One of the key trends in the vascular patches market is the increasing adoption of e-commerce platforms by key players. E-commerce sites are enabling ease of purchasing and home delivery of these patches thus improving their access. They are also helping vendors reach global customer base and promote their products through various marke...

  The Peripherally Inserted Central Catheters Market is estimated to be valued at US$ 978.2 Mn in 2023 and is expected to exhibit a CAGR of 6.9% over the forecast period 2023 to 2030, as highlighted in a new report published by Coherent Market Insights. Market Overview: Peripherally inserted central catheters (PICCs) are tubes inserted through a small incision in an arm, thigh or chest wall into a large vein leading to the heart. PICCs help provide long term intravenous access to deliver chemotherapy drugs, antibiotics, or IV fluids directly into the circulation for a few weeks or months. they are commonly used for extended administration of medications, blood draws, and frequent blood tests. PICCs provide safe and convenient access for intravenous therapies with minimal risk of complications as compared to other central venous access devices. Market key trends: The rising prevalence of cancer and increasing number of chemotherapy procedures are major factors expected to driv...

  The global Neonatal Ventilator Market is estimated to be valued at US$ 422.2 Mn in 2023 and is expected to exhibit a CAGR of 7.1% over the forecast period 2023 to 2030, as highlighted in a new report published by Coherent Market Insights. Market Overview: Neonatal ventilators are life-sustaining medical devices used in neonatal intensive care units (NICUs) to provide mechanical ventilation for extremely premature infants or newborns who cannot breathe effectively on their own. The devices deliver heated and humidified gas to the lungs through small tubes inserted in the baby's mouth, nose or trachea. They are important medical equipment used for newborn babies with respiratory distress syndrome, pulmonary hypertension or other lung conditions. Market key trends: One of the key trends in the neonatal ventilator market is the growing focus on customized and non-invasive ventilation. Traditional neonatal ventilators used for invasive ventilation have limitations such as risk o...

  The global Microscopy Devices Market is estimated to be valued at US$ 9.82 Bn or Mn in 2023 and is expected to exhibit a CAGR of 7.5% over the forecast period 2023 to 2030, as highlighted in a new report published by Coherent Market Insights. Market Overview: Microscopy devices are used for direct microscopic examination, measurement and analysis of biological and non-biological specimens. These devices offer high resolution visualization with penetrating depth of specimen. Confocal laser scanning microscopy is widely used across various industries like life sciences, material science and semiconductors industries due to its ability to collect serial optical sections from thick specimens. Market Key Trends: Technological advancements in microscopy is one of the key trends fueling growth of the microscopy devices market. Manufacturers are focusing on development of advanced microscopy techniques and integration of various modalities into single platform. For instance, in 201...

  The global Oxygenators Market is estimated to be valued at US$ 250.9 Mn in 2023 and is expected to exhibit a CAGR of 5.5% over the forecast period 2023 to 2030, as highlighted in a new report published by Coherent Market Insights. Market Overview: Oxygenators, also known as membrane oxygenators or cardiopulmonary bypass units, are medical devices used during open-heart surgeries to oxygenate blood and to remove carbon dioxide from blood when the heart isn't pumping normally. Oxygenators use a semi-permeable membrane that allows gases like oxygen and carbon dioxide to pass through but not blood cells and plasma. Market key trends: One of the key trends in the oxygenators market is the increasing adoption of miniaturized oxygenators. Miniaturized oxygenators are gaining traction due to their benefits over conventional oxygenators such as less blood usage, minimal hemolysis, less post-operative complications, and shorter intensive care unit stays. Moreover, miniaturized oxygen...

  The global Disposable Blood Bags Market is estimated to be valued at US$ 255.4 Mn or in 2023 and is expected to exhibit a CAGR of 5.4% over the forecast period 2023-2030, as highlighted in a new report published by Coherent Market Insights. Market Overview: Disposable blood bags are essential medical equipment used to collect, process, transport, and store blood and blood components. They offer several advantages over conventional glass bottles such as reduced risk of contamination and breakage during transportation and storage. Their increasing adoption in blood collection centers and hospitals is driving the market growth. Market key trends: One of the major trends in the disposable blood bags market is the growing demand for quadruple blood bags. Quadruple blood bags find widespread application as they facilitate improved separation of blood components like plasma, platelets, and red blood cells. Manufacturers are focusing on developing advanced quadruple blood bags inte...

  The global Gamma Knife Market is estimated to be valued at US$ 239.1 Bn in 2023 and is expected to exhibit a CAGR of 5.4% over the forecast period 2023 to 2030, as highlighted in a new report published by Coherent Market Insights. Gamma Knife is used for stereotactic radiosurgery to treat tumors, vascular malformations and other indications in the brain without open surgery. It offers precise targeting of tumors and other lesions while sparing surrounding healthy tissues. The incorporation of artificial intelligence and robotics is increasing the efficiency and accuracy of Gamma Knife treatments. Market Overview: Gamma Knife uses multiple beams of gamma rays targeted at tumors and other lesions in the brain from different angles. It allows for high doses of radiation directed at tumors while minimizing exposure of surrounding healthy tissues. The non-invasive nature of Gamma Knife treatment makes it an appealing option for patients. Market key trends: One of the key trend...

  The global Urolithiasis Management Devices Market is estimated to be valued at US$ 1,694.7 Mn in 2023 and is expected to exhibit a CAGR of 4.8% over the forecast period 2023 to 2030, as highlighted in a new report published by Coherent Market Insights. Market Overview: The urolithiasis management devices market comprises products used for diagnosis and treatment of kidney stones. This includes lithotripsy devices, ureteroscopes, nephroscopes, and stone retrieval devices. Lithotripsy devices have the largest market share as they provide non-invasive treatment for breaking kidney stones into smaller fragments which helps in easier removal. Market key trends: One of the key trends in the urolithiasis management devices market is the increasing popularity of minimally invasive surgeries. Minimally invasive surgeries such as ureteroscopy and percutaneous nephrolithotomy offer advantages over conventional open surgeries such as reduced post-operative pain, shorter hospital stay, ...

  The U.S. Uterine Fibroid Treatment Market is estimated to be valued at US$ 269.4 Mn or Million in 2023 and is expected to exhibit a CAGR of 4.0% over the forecast period 2023 to 2030, as highlighted in a new report published by Coherent Market Insights. Market Overview: Uterine fibroids are non-cancerous growths that develop in or on a woman's uterus. They require treatment through non-hormonal and minimally invasive procedures to reduce heavy bleeding, pelvic pressure and pain. Market key trends: One of the key trends in the U.S. uterine fibroid treatment market is the rising adoption of minimally invasive treatment procedures such as uterine fibroid embolization and microwave thermotherapy. These procedures are associated with reduced treatment costs, lesser hospital stay and faster recovery time compared to hysterectomy. They utilize imaging guidance for precisely targeting and eliminating fibroids through catheter based delivery of embolic agents or heat energy. This ha...

  The global Pulmonary Drug Delivery Systems Market is estimated to be valued at US$ 34.34 Bn in 2023 and is expected to exhibit a CAGR of 4.6% over the forecast period 2023 to 2030, as highlighted in a new report published by Coherent Market Insights. Market Overview: Pulmonary drug delivery systems aid in administering various drugs to treat respiratory diseases by inhalation route. Drugs administered via these devices reach directly to lungs ensuring higher bioavailability of drugs in lungs for treatment of respiratory diseases like asthma and COPD. Market key trends: Nebulizers are witnessing high demand owing to advantages like effective drug delivery to lungs for treatment of various respiratory diseases like asthma and COPD. These devices ensure higher absorption of drugs in lungs by breaking liquids into fine mist for efficient inhalation. Devices like metered dose inhalers (MDIs) are also becoming popular for self-administration of drugs for respiratory diseases. Tec...

  The global Bone Cancer Drugs Market is estimated to be valued at US$ 1,286.4 Mn or Mn in 2023 and is expected to exhibit a CAGR of 5.2% over the forecast period 2023 to 2030, as highlighted in a new report published by Coherent Market Insights. Market Overview: Bone cancer drugs are used for treatment of primary bone cancers like osteosarcoma and chondrosarcoma. These drugs helps in slowing down the growth and spread of cancer cells with reduced side effects. Market key trends: One of the key trend in the bone cancer drugs market is increasing research and development activities for development of targeted drug therapies. Targeted drug therapies helps in attacking specific cancer cells with minimal damage to normal cells. For instance, Denosumab, a monoclonal antibody targets receptor activator of nuclear factor kappa-B ligand (RANKL) which plays a key role in formation and activation of osteoclasts responsible for bone destruction. Clinical trials have demonstrated that De...