ReleaseWire Connect

Fact.MR, in its latest market study, opines that the home diagnostics market will grow at a healthy 3.5% value CAGR, surpassing US$ 6.3 million by 2026. According to the report, sales will remain buoyant in developed regions, with North America and Europe collectively accounting for over 50% revenue share of the market. The Fact.MR study remains bullish on the prospects of home diagnostics market players in developing countries, as growing focus on health & wellness, and emergence of many Asian countries as medical tourism hubs creates opportunities.

Demand for dental restorative supplies is likely to be on an upswing as several industry-specific and macroeconomic factors continue to influence the dental space. Technological advancements have not left any domain untouched with manufacturers of dental restorative supplies focusing on new innovations in their product lines, says Fact.MR report. Manufacturers of dental restorative supplies are focusing on developing and using advanced material in a bid to enhance the customer satisfaction quotient, achieving sustenance in the competitive dental restorative supplies marketplace. Fact.MR envisages that the demand for dental restorative supplies is projected to expand at a steady CAGR of 4.1% in terms of value during the period of assessment, 2018-2028. Sales of dental restorative supplies during the said period are likely to surpass US$ 6,000 Mn by end of 2028, says the report.

With the rapid developments in the healthcare industry to arrest the prevalence of chronic diseases, there is an ever-increasing need for conducting research to deliver the best medicines and drugs. This is expected to be a key growth influencer of the Biotechnology. Use of animal model in biomedical research has observed a rapid rise as it helps in the development of new treatment methods for new and chronic diseases, and understand the potency of drugs with regard to the pervasive diseases.

FactMR delivers key insights on the global vestibular testing system market in its upcoming report titled "Vestibular Testing Market: Global Industry Analysis 2013–2017 and Opportunity Assessment 2018 – 2028". In terms of revenue, the global vestibular testing system market is projected to register a CAGR of 6.8% over the forecast period, owing to various factors, regarding which FMR offers detailed insights and forecasts in this report.     

According to the latest market report published by Fact MR, titled 'Global Wound Irrigation Solution Market: Forecast, Trend Analysis & Competition Tracking - Global Review: 2018- 2028', the global Pharmaceuticals is expected to expand at a significant CAGR during the forecast period 2018–2028.

The orthopedic implants market continues to be a promising avenue in the global medical technology space. Emergence of advanced technologies coupled with rise in orthopedic disorders are major growth determinants for the orthopedic implants market. A recent report by Fact.MR envisions the OrthopedicImplants to record an august 6.5% CAGR over the forecast period 2018 to 2027. Although surgeries of orthopedic implants incorporating robotics offer reproducible precision and are less invasive, expensiveness of the technology coupled with the requirement for robust, evidence-based studies continues to impede its adoption in orthopedic surgeries.

With the rise in emphasis on prevention and treatment of proliferative vitreoretinopathy (PVR), a serious ailment that leads to blindness despite repeated treatment, the requirement for vitreoretinal centers has gained importance worldwide. Prevention of PVR development at early stage RRD for preserving visual function in patients has become a primary agenda among medical researchers and clinicians. A recent Fact.MR analysis envisages the ProliferativeVitreoretinopathy to reflect a modest 4.0% CAGR during the forecast period (2018-2027).

Efficacy of neonatal ventilators in reducing infant mortality continues to drive their adoption in healthcare settings, finds a new Fact.MR study. Global sales are likely to surpass 19,000 units in 2018, equating a market value of over US$ 440 Mn. End-users continue to show a marked affinity for hybrid neonatal ventilators that offer the advantages of both invasive and non-invasive variants.

Global sales of fetal and NeonatalMonitoring are likely to surpass 261,000 units in 2018, with rising adoption in the US driving sales. Cardiotocographs remain the highest selling fetal and neonatal heart monitor devices, with global sales equating a valuation of nearly US$ 400 Mn in 2017. Demand continues to remain concentrated in hospitals and neonatal clinics, with the former accounting for a leading share.

Fact.MR has announced the addition of the “Air Sampling Equipment Market Forecast, Trend Analysis & Competition Tracking - Global Market Insights 2018 to 2028"report to their offering.