Immunoassay Market | Increasing Adoption of Immunoassay-Based Point-Of-Care Testing and Rapid Testing
The immunoassays market is expected to reach USD 27.15 billion by 2023 from USD 20.19 billion in 2018, at a CAGR of 6.1%. Factors driving the growth of this market include the increasing adoption of immunoassay-based point-of-care (POC) testing and rising incidence of chronic diseases across the world.
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The global immunoassays...
Biomarker Technologies Market : Increasing Utility of Biomarkers for Diagnostic Purposes And Rising Biomarker Research
The global biomarker technologies market was valued at USD 46.97 billion in 2017. It is expected to reach USD 74.51 billion in 2022, at CAGR of 9.7% during the forecast period.
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The growth of this market is mainly driven by increasing healthcare expenditure, rising R&D funding, the increasing utility of biomarkers...
Growing Adoption of Open Innovation Models Dominating High Throughput Screening Market
The global high-throughput screening (HTS) market is projected to reach USD 21.69 billion by 2023 from USD 14.87 billion in 2018, at a CAGR of 7.8%. Factors such initiatives undertaken by pharmaceutical and biotechnology companies, increasing R&D spending, technological advancements in HTS, and the availability of government funding and venture capital investments are driving the growth of the...
Reducing Cost of Sequencing and Growing Volume of Data Generated During Sequencing Driving Bioinformatics Services Market
The global bioinformatics services market is projected to reach USD 3.53 billion by 2023 from USD 1.70 billion in 2018, at a CAGR of 15.7%. Factors such as growing applications of bioinformatics in various industries, increasing public-private sector funding for bioinformatics services, and the shortage of skilled bioinformatics professionals leading to increased outsourcing of bioinformatics projects...
Increasing Prevalence of Infectious Diseases Drives The Growth of The Global Infectious Disease Diagnostics Market
The global infectious disease diagnostics market is projected to reach USD 19.35 billion in 2022 from USD 14.73 billion in 2017, at CAGR of 5.6%. Growth in this market will largely be driven by the increasing global prevalence of infectious diseases, shift in focus from centralized laboratories to decentralized point-of-care testing, and growth in funding for research on infectious disease diagnostics
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Launch of Advanced Cell Culture Products Driving Cell Culture Market
The global cell culture market is expected to reach USD 26.28 billion by 2023 from USD 15.32 billion in 2018, at a CAGR of 11.4%. Growth in this market is driven by the growing number of regulatory approvals for cell culture-based vaccines, increasing demand for monoclonal antibodies (mAbs), funding for cell-based research, growing preference for single-use technologies, and the launch of advanced...
Biosimilars Market by Product, manufacturing Type & Disease – 2023
The biosimilars market is expected to reach USD 23.63 billion by 2023 from USD 5.95 billion in 2018, at a CAGR of 31.7% during the forecast period. Growth in this market is mainly driven by factors such as rising incidence of chronic diseases and increasing demand for biosimilar drugs due to their cost-effectiveness.
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On...
In Vitro Diagnostics/IVD Market – Growth Opportunities & Forecast 2017 – 2023
The global in vitro diagnostics market is projected to reach USD 87.93 billion by 2023 from 68.12 billion in 2018, at a CAGR of 5.2%. The growth in this market is primarily driven by the increasing burden of chronic diseases (majorly due to the rising geriatric population), rising prevalence of infectious diseases, increasing adoption of fully-automated instruments and automation in laboratories, increasing...
Guidewires Market Segment Analysis and Forecast by 2022
The global guidewires market is projected to reach USD 764.0 million by 2022 from 605.2 million in 2017, at a CAGR of 4.8%. The growth of the guidewires market is mainly attributed to factors such as growing burden of target diseases, increasing availability of reimbursements for guidewires across mature markets, and rising adoption of minimally invasive surgical procedures across major countries.
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Defibrillators Market – Key Players & Trends
The global defibrillators market is projected to reach USD 10.88 billion by 2022 from USD 9.32 billion in 2017, at a CAGR of 3.1%. Factors such as technological advancements in defibrillators, rising prevalence of target diseases, growing focus on providing public-access defibrillators, and training & awareness programs on defibrillators are expected to propel the growth of this market.
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