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Showing posts from January, 2024

Neuro-navigation Systems Market is estimated to Witness High Growth Owing to Technological Advancements

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  The Neuro-navigation Systems Market is estimated for 2023-2031 for the forecast period, as highlighted in a new report published by Coherent Market Insights. Neuro-navigation systems are medical devices that help neurosurgeons to accurately locate surgical targets during complex neurosurgical procedures such as brain biopsies, tumor removals, and deep-brain stimulations. These systems provide real-time intraoperative images that aid surgeons in visualizing surgical anatomy and pathology. Market Dynamics: The neuro-navigation systems market is witnessing high growth owing to technological advancements in medical imaging and neurosurgery. Advanced neuro-navigation systems provide highly accurate navigation and localization of surgical targets by integrating preoperative MRI/CT scan images with real-time intraoperative ultrasound or electromagnetic tracking systems. Furthermore, rising incidence of neurological disorders such as brain tumors, epilepsy, and Parkinson’s disease is als...

Brain Computer Interface Market is Estimated to Witness High Growth Owing to Rising Demand for Assistive Technologies

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  The Brain Computer Interface Market is estimated for 2024 for the forecast period 2024-2031, as highlighted in a new report published by Coherent Market Insights. Brain computer interfaces enable direct communication pathways between the human brain and an external device, allowing individuals to control devices using their brain signals alone. They have applications in medical, gaming and entertainment fields. Market Dynamics: The brain computer interface market is expected to experience significant growth over the forecast period owing to rising demand for assistive technologies. Brain computer interfaces can help restore motor functions in patients suffering from neurological conditions like amyotrophic lateral sclerosis and spinal cord injuries. Additionally, increasing funding from both private and public organizations for brain computer interface research is also expected to fuel market growth during the forecast period. The development of non-invasive dry EEG electrodes ha...

The Evolving Landscape of the Kirschner Wire Market

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  The Kirschner wire Market is estimated for 2024 for the forecast period 2024-2031, as highlighted in a new report published by Coherent Market Insights. Kirschner wires, also known as K-wires, are thin surgical wires made of stainless steel or titanium that are used to hold fractured bones in place during healing. They pass through the skin and underlying tissues and directly into the bone above and below the fracture site. Market Dynamics: The Kirschner wire market is expected to rise during the forecast period owing to the growing incidence of bone fractures and rising number of orthopedic surgeries. According to the National Center for Biotechnology Information (NCBI), over 7.9 million fractures occur annually in the United States, with costs associated with fracture treatment totaling over $19 billion. Furthermore, the growing geriatric population is also expected to aid market growth between 2024-2031. According to the United Nations Population Fund (UNFPA), the number of p...

The Resilient Rise: Exploring the Dynamics of the Medical Plastics Market

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  The Medical Plastics Market is estimated for 2024 for the forecast period 2024-2031, as highlighted in a new report published by Coherent Market Insights. Medical plastics are widely used in various medical devices and equipment such as surgical and medical instruments, implants, prosthetics, syringes, catheters and many more. They provide advantages such as lightweight, durability and ease of processing. Market Dynamics: The global medical plastics market is witnessing high growth owing to increasing demand from the healthcare industry. Between 2024-2031, the healthcare sector is expected to grow rapidly to meet the needs of aging population worldwide. This rise in healthcare spending will boost demand for medical devices and equipment which utilize various medical-grade plastics. Additionally, rapid technological advancements have enabled wider application of medical plastics in more complex surgeries, implants, and bio-compatible materials, thereby fueling market growth over t...

Exploring the Growth of the Herbal Medicinal Products Market

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  The Herbal Medicinal Products Market is estimated for 2024 for the forecast period 2024-2031, as highlighted in a new report published by Coherent Market Insights. Herbal medicinal products contain active ingredients from plants, plant materials or plant extracts. They are used to treat or prevent disease in a natural way and provide relief from various heath conditions such as cold, cough, digestive disorders etc. Market Dynamics: The  Herbal Medicinal Products Market  is expected to witness significant growth over the forecast period, propelled by increasing consumer awareness regarding the various health benefits of herbal medicines over synthetic drugs. Herbal medicines have lesser side effects and are considered safer. Further, growing demand for organic and natural products is also fueling the demand for herbal medicines globally. Changing lifestyles and hectic schedules have increased instances of stress, anxiety and a number of lifestyle related diseases. This h...

Market Dynamics of Biotin Liquid Drops: Trends and Growth

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  The Biotin Liquid Drops Market is estimated for 2024 for the forecast period 2024-2031, as highlighted in a new report published by Coherent Market Insights. Biotin liquid drops are nutraceutical supplements containing biotin, also known as vitamin B7, to support healthy hair, skin, and nails when taken orally. Biotin plays an important role in fat and protein breakdown and metabolism. Market Dynamics: The growth of the  Biotin Liquid Drops Market  is driven by the growing health and wellness awareness among consumers. Rising awareness about deficiency of essential vitamins and minerals and their role in maintaining overall health has prompted consumers to adopt preventive healthcare practices. Additionally, busy lifestyles, irregular eating habits, and consumption of processed and convenience foods have increased the risk of vitamin and mineral deficiencies. This has boosted the demand for nutraceutical supplements like Biotin liquid drops. Moreover, increasing vegan p...

Research Antibodies Market Growth Accelerated by Rising Use of Antibodies in Disease Diagnosis and Treatment

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 Research antibodies find extensive use in various research applications such as disease diagnosis, drug development, and treatment. Some of the major products associated with this market are primary antibodies, secondary antibodies, and HRP-conjugated antibodies. Primary antibodies are used in techniques like immunohistochemistry, ELISA, flow cytometry, and western blotting to detect specific antigens in cells. Secondary antibodies then attach to the primary antibodies to make the detection and visualization of antigens simpler. HRP-conjugated antibodies catalyze the conversion of colorless chromogens into colored compounds, thereby serving as detection probes in assays. The global Research Antibodies Market is estimated to be valued at US$ 3,632 million in 2023 and is expected to exhibit a CAGR of 7.6% over the forecast period 2024. Market key trends: The growing use of antibodies in disease diagnosis and treatment has been a major trend contributing to the market growth. Resea...

Growing Demand Driving Growth in the Rescue Inhaler Market

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  Rescue inhalers deliver medicine to the airways and provide quick relief from asthma symptoms and chronic obstructive pulmonary disease (COPD) attacks. They contain either albuterol or levalbuterol and act as bronchodilators that relax muscles in the airways to relieve wheezing, coughing, chest tightness, and shortness of breath. The global rescue inhaler market is estimated to be valued at US$ 15.5 Bn in 2023 and is expected to exhibit a CAGR of 8.8% over the forecast period 2023 to 2030, as highlighted in a new report published by Coherent Market Insights. Market Key Trends: The growing demand for rescue inhalers is one of the major trends accelerating growth in the rescue inhaler market. According to the Centers for Disease Control and Prevention (CDC), around 26 million Americans currently have asthma, and over 16 million Americans have been diagnosed with COPD. The prevalence rates of both asthma and COPD have increased significantly over the past few decades due to incr...

Medical Ozone Therapy Market Growth Accelerated by Adoption of Multifunctional Devices

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 Medical ozone therapy is widely used in alternative medicine for its strong biological effects. Ozone therapy can enhance the blood circulation and oxygen delivery to tissues and cells to alleviate symptoms associated with various medical conditions such as ischemic conditions. The global Medical Ozone Therapy Market is estimated to be valued at US$ 1.59 Bn in 2024 and is expected to exhibit a CAGR of 5.9% over the forecast period 2023 to 2030, as highlighted in a new report published by Coherent Market Insights. Market key trends: Adoption of multifunctional ozone therapy devices is expected to drive the market growth over the forecast period. These devices offer multiple functionalities such as automatic gas control, automatic process control, and automatic dose control. For instance, the APOZAMPRO device offered by Kastner PPM GmbH allows automatic control of the ozone dosage and enables treatment of large body areas. Increasing preference for these advanced multifunctional d...

Thrombin Inhibitor Market Growth Accelerated by Increasing Preference for Non-invasive Surgeries

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 Thrombin inhibitors are drugs used to prevent blood clots by inhibiting thrombin. Thrombin is a serine protease that plays a central role in coagulation as it converts fibrinogen into insoluble strands of fibrin. Thrombin inhibitors are commonly used during surgical procedures to prevent complications associated with thrombus formation. They offer minimal invasiveness, quicker recovery time, and reduce the risk of post-operation complications compared to conventional surgeries. The global Thrombin Inhibitor Market is estimated to be valued at US$ 30.75 billion in 2024 and is expected to exhibit a CAGR of 6.2% over the forecast period 2023 to 2030, as highlighted in a new report published by Coherent Market Insights. Market key trends: The increasing preference for minimally invasive surgical procedures has been a major factor driving the growth of the thrombin inhibitor market. Minimally invasive surgeries cause less trauma to the patient, result in fewer complications, shorter ...

The global Sleep Aids Market Growth Accelerated by Rising Prevalence of Sleep Disorders

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 Sleep aids or sleep aid devices are products that are used to induce or improve the quality of sleep. They include medications, supplements, and devices that help in falling asleep faster, sleeping through the night, or waking up refreshed. The demand for sleep aids has grown significantly owing to rising prevalence of sleep disorders and other medical conditions affecting sleep cycles such as insomnia, sleep apnea, restless leg syndrome, and circadian rhythm disorders. The global Sleep Aids Market is estimated to be valued at US$ 73.9 Bn in 2024 and is expected to exhibit a CAGR of 8.1% over the forecast period 2024 to 2031, as highlighted in a new report published by Coherent Market Insights. Market key trends: Technology advancements in sleep aids have emerged as a key trend in the market. Growing preference for non-drug therapeutic options for insomnia and other sleep disorders has fuelled the demand for innovative digital and wearable sleep aid devices. Companies are in...

Personalized Gene Therapy Treatments for Cancer Market Growth Accelerated by Emergence of Novel Therapies

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 Personalized gene therapy treatments involve altering genes to treat cancer. These treatments directly modify genes or insert new genes to treat or prevent cancer. They work by delivering healthy genes to replace the function of genes that are mutated or missing in cancer cells. Gene therapies help boost the immune system's ability to fight cancer and make chemotherapy more effective with fewer side effects. The global Personalized Gene Therapy Treatments for Cancer Market is estimated to be valued at US$ 2 Billion in 2023 and is expected to exhibit a CAGR of 10% over the forecast period 2023-2028, as highlighted in a new report published by Coherent Market Insights. Market key trends: The emergence of novel therapies has accelerated growth in the personalized gene therapy treatments for cancer market. Researchers are developing novel gene therapy approaches that leverage gene editing technologies like CRISPR to target specific cancer-causing mutations or to stimulate anti-tumo...

Orodispersible Tablets Market Growth Accelerated by Increased Patient Compliance

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 Orodispersible tablets are solid tablets intended to be placed in the mouth where they disperse rapidly, usually within a matter of seconds, before being swallowed, without the need for water or chewing. They are extremely convenient for patients who have difficulty in swallowing conventional tablets and provide faster action than conventional tablets. The increasing number of pediatric and geriatric patients are driving the demand for these tablets due to ease of administration without water. The global Orodispersible Tablets Market is estimated to be valued at US$ 4.9 Bn in 2023 and is expected to exhibit a CAGR of 8.1% over the forecast period 2023 to 2030, as highlighted in a new report published by Coherent Market Insights. Market key trends: The increased demand for faster acting drug delivery systems and higher patient compliance are expected to drive the growth of the global orodispersible tablets market over the forecast period. Rising prevalence of various diseases ...

Neuropathic Ocular Pain Market Growth Accelerated by Rising Awareness about Neuropathic Ocular Pain Treatment

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 Neuropathic ocular pain occurs due to damage or dysfunction of peripheral and central pain pathways in eyes. It can cause burning sensation, stabbing pain or altered sensation in eyes. Drugs such as pregabalin and gabapentin are commonly used to alleviate neuropathic ocular pain. These drugs help restore the altered neuronal activity and reduce pain signals from eyes to brain. The global Neuropathic Ocular Pain Market is estimated to be valued at US$ 197.1 Mn in 2024 and is expected to exhibit a CAGR of 3.1% over the forecast period 2023 to 2030, as highlighted in a new report published by Coherent Market Insights. Market key trends: Rising awareness about neuropathic ocular pain treatment is driving the market growth significantly. Various awareness programs conducted by government as well as private organizations regarding identification and management of neuropathic pain have positively impacted the market. Campaigns on social media platforms also play a vital role in spread...

The global Neuro-navigation Systems Market Growth Accelerated by Increased Accuracy in Neurosurgical Procedures

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 Neuro-navigation systems find widespread application in neurosurgical procedures for guiding medical instruments to targeted anatomical structures located deep inside the brain. These systems enable precise incision planning and navigation of surgical tools within the brain, helping to minimize tissue damage and enhance surgical outcomes. The growing availability of highly advanced neuro-navigation systems that offer sub-millimetric accuracy in real-time has been boosting their adoption across hospitals and clinics. The global Neuro-navigation Systems Market is estimated to be valued at US$ 2.47 Bn in 2024 and is expected to exhibit a CAGR of 7.9% over the forecast period 2024-2031, as highlighted in a new report published by Coherent Market Insights. Market key trends: One of the primary trends driving the neuro-navigation systems market growth is the continuous technological advancements. Vendors are focusing on developing next-generation navigation systems equipped with f...

The global Nanoparticles Market Growth Accelerated by Wide Range of Applications in Healthcare

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 Nanoparticles play a key role in various healthcare and biomedical applications owing to their unique properties such as size, magnetic properties, optical properties, and ability to cross biological barriers. They find usage in drug and gene delivery, medical imaging, catalysis, bioseparation, biomedical devices, and more. This has significantly increased demand for nanoparticles over the past few years. The global Nanoparticles Market is estimated to be valued at US$ 16700.18 Mn in 2024 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 key trends: Wide range of applications is one of the major trends driving the growth of the nanoparticles market. Nanoparticles find usage across various industries including healthcare, electronics, energy, and packaging among others. In healthcare sector alone, they are widely used for drug and gene delivery, medical imaging, tissue e...

The global Lab Automation Market Growth Accelerated by Increased Productivity and Efficiency

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 Lab automation solutions including robots, equipment and software facilitate several laboratory processes with minimal human intervention, improving productivity and efficiency. Lab automation equipment streamlines processes like sample handling, storing and retrieval, ELISA, PCR and sequencing that otherwise require repetitive human actions. This reduces scope for human errors and saves time. Now laboratories are able to perform high volume tests, reduce turnaround time and maximize throughput with the help of reliable automated tools. The global Lab Automation Market is estimated to be valued at US$ 4,903.9 Mn in 2023 and is expected to exhibit a CAGR of 4.9% over the forecast period 2023 to 2030, as highlighted in a new report published by Coherent Market Insights. Market key trends: Big data analytics is one of the key trends driving the growth of the lab automation market. Automated laboratory systems generate large volumes of complex data from instruments, equipment an...