Posts

Showing posts from September, 2022

Growing prevalence of cancer to augment growth of companion diagnostic market

Image
  Market Overview: Companion diagnostics are advanced tool that is widely used in diagnosis of diseases such as lung cancer, breast cancer, gastric cancer, and neurological diseases. Moreover, it also provide important information of the drug such as whether the drug is effective and safe towards particular treatment in patients. The global companion diagnostic market value is estimated to be valued at US$ 3,481.2 million in 2020 and is expected to exhibit a CAGR of 19.5% over the forecast period ( 2020-2027 ). Key Drivers Growing prevalence of breast cancer, gastric cancer, lung cancer, and neurological diseases is driving growth of the companion diagnostic market. According to the World Health Organization, in 2020, there were 2.3 million women diagnosed with breast cancer and 685 000 deaths globally. As of the end of 2020, there were 7.8 million women alive who were diagnosed with breast cancer in the past 5 years, making it the world’s most prevalent cancer. Incr

Worldwide CAR-T cell therapies market is gaining significant growth in North America

Image
  Worldwide CAR-T cell therapies market is gaining significant growth in North America Market Overview: CAR-T cell therapies is advanced cancer therapy and is highly preferred over surgery, chemotherapy, and radiation. These target cancer cells and strengthen the patient’s immune system against the tumor. The global Car TCell therapy market is estimated to be valued at US$ 1,085.0 million in 2021 and is expected to exhibit a CAGR of 24.5% during the forecast period ( 2021 - 2028 ). Key Drivers According to the World Health Organization, cancer is a leading cause of death worldwide, accounting for nearly 10 million deaths in 2020. There is a high prevalence of cancer around the globe. Growing number of patients showing failure response to the alternative cancer treatments is a prime factor driving growth of the CAR T cell therapy market. Increasing development of development of new and effective therapy options to cure cancer is again driving growth of the market growth

Oxygen Therapy Market is getting high wattage amidst growing inclination towards minimally invasive therapies

Image
Overview The use of oxygen therapy is a common intervention in the acute care setting. This therapy is indicated for many different medical conditions. It is imperative to know how to administer oxygen and the physiological effects of this treatment. The use of oxygen therapy has become a foundational part of patient care. Oxygen therapy is a complex topic. For this reason, health care professionals should have a working knowledge of its routes, effects, and role in the care of patients. A medical professional will prescribe oxygen after a blood gas study has been performed. A tracheostomy is an opening in the front of the neck through which a tube is placed in the mouth or windpipe. Drivers The global oxygen therapy market is being driven by increasing rates of chronic respiratory disorders and increased demand for home healthcare. The increased demand for technologically improved systems, such as portable oxygen concentrator systems, has assisted in the expansion of the glob

The Global 3D Printing For Medical Sector Market Growing to the Increasing Prevalence of Healthcare

Image
Market Overview: For a variety of medical applications, 3D printing can help create prosthetics, artificial teeth, bone grafts, and hearing aids. This process can also help replicate internal body structures from CT scans. Some products, like prosthetics for Sudanese victims, can be printed with precise mechanical properties. However, many 3D printed parts are weaker than traditional products. The layer-by-layer construction of 3D printed parts reduces strength and pliability by about 10 to 50 percent. These objects can be reused for further printing. This appears to be the first patent for 3D printing . Inkjet is the least common 3D printing technology, and the process is not well understood.  Key Market Drivers: The increasing expansion of healthcare units in the world is expected to augment the growth of the global 3D printing for medical sector market. For instance, according to the European Hospital and Healthcare Federation, there are currently more than 15,000 hospitals in