Medical Industry News 2021

  Beauty Devices   Market Overview Beauty devices have come ridiculously close to making the youthful skin a reality. Just a few years ago, the beauty treatments were sinfully expensive and highly specialized. Consumers had to either visit a dermatologist, plastic surgeon, or an esthetician to get the appropriate procedures to correct or manage their beauty concerns. While some conditions and desired results would still demand a trip to professional, technological advancements in beauty devices have been exploding, and there are now a variety of options to treat head to toe beauty related concerns. As a result, the beauty devices market is growing radically heading with a wide range of varieties enabled with varying technologies. The market growth of beauty devices is a little overwhelming to weed through. Acknowledging the phenomenal upsurges, the market is witnessing and gauging the potential of the market to go further in the years to come, Market Research Future (MRFR) in its recen

  Cell Culture Media Market  Dynamics According to the latest report furnished by Market Research Future (MRFR), the cell culture market is exhibited to develop at a robust CAGR of 9.1% during the forecast period (2017-2023). Growth Drivers and Key Challenges Cell culture medium consists of a number of nutrients that promote the proliferation, growth, storage and maintenance of microorganisms as well as other types of cells including mammalian, stem cells, and other cell lines. There is a diverse range of culture media available in the international market for different cell cultures for surviving and growing in their incubation environment. The  cell culture media market  will also be positively affected by factors like the increasing investments as well as funding for research and development (R&D) along with innovations in life sciences, particularly the biopharmaceutical products. On top of this, the expansion of the biosimilar industry at a substantial rate is a primary contri

  Contract Research Organization (CRO) Market  Overview The Global Contract Research Organization (CRO) Market is poised to grow at a CAGR of 11.48% during the forecast period and acquire a significant valuation. Contract Research Organization (CRO) Market  Dynamics As the economy has changed, some medical firms have outsourced certain vital facets of their activities to overseas hospitals. The favourable conditions for the production of CROs have contributed to the successes of many CROs. Contract research companies benefit from economies of scale in which they can deliver cheaper costs to customers. The advent of new strategies for battling cancer has caused businesses to take advantage of advanced needs. The benefits from lower prices, then, will be carried on to the final customer, making life easy on the pocketbook. And thus, the factors of economies of scale, mutual benefit and emphasis on core competencies will drive potential growth of the industry. R&D outsourcing would gr

  Intravenous (IV) Solution Market Overview The emergence of the intravenous (IV) solutions market is attributed to the increasing geriatric population coupled with prevalence of malnutrition in the elderly population. This market is estimated to expand at a CAGR of 7.69% during the forecast period to reach a value of USD 11,511.2 million by 2022. The commonness of cancer is anticipated to quickly increment by around 70% in the following scarcely any decades. Stomach malignant growth is one of the main 5 diseases influencing the populace. These patients are 'nil by mouth' and need to depend on Total Parenteral Nutrition (TPN) for survival. Besides, a few patients enduring with cutting edge disease create anorexia, which decreases their survival time. These patients react inadequately to chemotherapy and experience the ill effects of raised harmfulness. This condition is reduced by fringe or all out parenteral sustenance. An enormous partner of the populace over 60 years or more

  Genetic Testing Market Overview As per the assessment conducted by Market Research Future (MRFR), the global market for the genetic testing market is estimated to garner a market value of USD 22,834.19 million while thriving at a CAGR of 11.50% by 2024. Genetic testing is used in prenatal screening, diagnostics, and as a predictive tool. The on-going technical development in genetic testing is anticipated to play a significant role in developing the global  genetic testing market  during the forecast period. The rising demand for genetic testing in oncology and the increasing adoption of genetic tests into clinical care is another salient factor that can drive the regional market. Furthermore, the growing demand for personalized medicine can be recognized a crucial factor that can augment the market size in the assessment timeframe. On the contrary, lack of expertise in developing and underdeveloped countries is expected to hamper the market growth. In addition, the high expenses ass

  mHealth Market Overview The mHealth market is anticipated to grow by US$21.71Billion by 2022 rapidly growing at a CAGR of 36.5% during the forecast period 2016 - 2022. The global mHealth market is driven by changing legal as well as regulatory workflow dynamics and the intense competitive rivalry. These factors have helped shape the mHealth market and are expected to boost the growth. Companies in the mHealth market could also face challenges such as lack of awareness and high cost of home healthcare devices. The details covered in the mHealth market report cover all the aspects of the industry. MHealth market analysts have also shared growth projections in the report and have suggested mHealth market players to plan growth strategies accordingly.  mHealth Market Segmentation   The global  mHealth market   has been segmented based on therapeutics and application. On the basis of therapeutics, the market for mHealth is segmented based on fitness & lifestyle, mental and neurologica

  Beauty Devices Market Overview The global beauty devices market had always been an ever-increasing space. Surprisingly, the market is continuously growing during the imposed lockdown to control the spread of coronavirus pandemic. Industry experts say that beauty products are witnessing this unexpected increase in sales as people like to look their best on video calls and behind masks. Also, the home-use beauty devices market is experiencing booming sales worldwide, especially in the American regions. In Japan, although the economic growth is plunged into recession in the first quarter due to the coronavirus pandemic, the sale of beauty products in departmental stores are rising at a record rate. And even if, squelched production and exports are expected to grow worse with times, industry players are gearing up for the boost, reading the signs of recovery from consumers. They are setting up strategies and action plans to gain a larger competitive share during the COVID-19 crisis. Mark

  Hair Transplant Market Overview The global hair transplant market is expected to exhibit a strong 24% CAGR over the forecast period from 2017 to 2023, according to the latest research report from Market Research Future (MRFR). The growing demand for hair transplants from emerging economies such as China is likely to be a vital driver for the global hair transplant market over the forecast period. The report examines the major drivers and restraints affecting the global hair transplant market and provides a clear overview of the market’s leading motivators. The economic background of the hair transplant market and regulatory factors set to affect the market in the coming years are also profiled in the report. Hair transplant surgeries are performed to reduce or mask male pattern baldness. Donor grafts are surgically implanted onto the host’s body, mainly the scalp, to provide the latter with a full head of hair, which is the most often complaint associated with hair transplant surgeri

  Wearable Medical Device Market  Synopsis The global wearable medical device market is expanding, increasing from its value of USD 7859.4 Mn in 2017 to more than USD 27,200 Mn by the end of 2023, reports Market Research Future (MRFR). It will be surging at a phenomenal growth rate throughout the forecast period (2018-2023). Drivers and Restraints Elevating demand for technologically advanced wearable medical devices, in addition to growing awareness about physical fitness, advent of smartphone linked healthcare applications and augmented demand for wireless connectivity in the healthcare industry has propelled the overall industry of wearable medical device. Also, continuous growth of remote patient monitoring as well as home healthcare is expected to positively influence the  wearable medical devices market  in the coming years.  Moreover, increasing competition and rapid technological advancement have resulted in the rising demand for innovative devices. Introduction of advanced pro