Global Industry News
Showing posts with label Medical Industry. Show all posts
Showing posts with label Medical Industry. Show all posts

Sternal Closure Systems Industry Was Dominated by North America

The total value of the sternal closure systems industry was USD 2,212.3 million in 2022, which will reach USD 3,323.4 million by 2030, at a growth rate of 5.2% in the years to come.

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The product segment is divided into bone cement and closure devices, of which the latter will dominate the industry; with 60% share, in the recent past.

The key factors responsible for the dominance include the initiation of new items and the rise in the per capita spending on surgery in both developing and developed nations.

As opposed to bone cement, these devices have witnessed fewer problems after surgery, along with infections. Moreover, patients recover quicker with those devices. Furthermore, this category is powered by the efforts made by the mavens for introducing new methods and products for closure of the sternum.

Media sternotomy dominated the industry with respect to procedure segment, with around 55% share. For easily reaching the heart, lungs, and nearby structures throughout coronary artery bypass surgery and heart valve replacement surgery, this process is the regularly performed osteotomy globally.

This is due to the fact that it reduces the probabilities of problems,  including hardware complications, osseous issues, including wire rotation or migration; and post-operative contaminations. The incision similarly offers access to both the pleural spaces, making it helpful for numerous thoracic procedures, such as the treatment of esophagectomy and retrosternal goiters.

Germany is booming in Europe. This has a lot to do to the fact that the nation's healthcare budget has increased, it is applying cutting-edge technologies, the government is becoming aware of the requirement for early diagnosis and effective treatment of the diseases, advantageous reimbursement strategies are offered, and healthcare professionals are rapidly accepting advanced technologies for ensuring better surgical results.

It is because of the rise in the number of cardiothoracic surgeries, the demand for sternal closure systems will rise significantly in the future.

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Rise in Cases of Cancer Boost Sale of Single-Cell Analysis

Biomedicine and cell biology both use single-cell analysis as a crucial tool. Modern, superior optical technology provides the foundation for the creation and advancement of single-cell analysis. To date, a wide range of optical detection techniques, including super-resolution optical microscopy, optical tweezing, fluorescence imaging, dynamic light scattering, hyperspectral microscopy, and evanescent-wave sensing, have been utilized for single-cell analysis.

Single-cell genomics research of diseases allows for the development of individualized medical therapies that are personalized to each patient's unique requirements and features. Single-cell analysis methods have evolved, providing individualized therapy for uncommon illnesses possible. The worldwide single-cell analysis industry will grow at a considerable CAGR in the next years as a result of personalized medicine's ability to monitor and treat patients in line with their unique demands.

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Single-cell analysis is an effective technique used to study biological heterogeneity deeply and influence therapy choices. Lung cancer, breast cancer, brain cancer, bladder cancer, colon cancer, acute myeloid leukemia, and melanoma have all benefited from its use. Numerous fields, including immunology, prenatal diagnostics, neuroscience, embryogenesis, plant biology, and microbiology, use single-cell analysis extensively.

Companies interested in investing in the single-cell analysis market have potential due to the promising stem cell research environment, expanding healthcare sector in emerging nations, and integration of microfluids. Investments in the medical field of developing nations, like India and China, offer greater potential than investments in industrialized nations due to their rising healthcare infrastructure and huge populations.

Techniques Available for Identifying Single Cells Their Advantages?

Currently, single-cell imagers, flow cytometry, and single-cell sequencing are the three methods used for single-cell analysis.

Single-Cell Imagers

Typically, they can single cells or groups of cells to detect the presence of particular proteins or cell characteristics using fluorescent or colorimetric probes. Moreover, they are useful for identifying phenotypes.

Single-Cell Sequencing

Following bioinformatic analysis, single-cell sequencing produces data-rich results that give a deep understanding of the variability of gene expression throughout a population. Only with a few 100 cells being studied in every experiment, the throughput is quite poor. But, when combined with microfluidics, this can vastly improve.

Flow Cytometry

A well-known technique with astoundingly high throughput, flow cytometry measures about 70,000 events each second. Some assay capabilities are available.

In the single-cell analysis market, end customers include biotechnology firms, medical facilities, cell banks, IVF clinics, as well as research organizations. The hospital category holds the largest market share, and it is expected that it will continue to advance at a fast pace in the coming years. This is because hospitals offer their patients high-quality diagnostic services and a secure atmosphere.

Hence, demand for single-cell analysis will rise rapidly in years to come. This can be attributed to the rising prevalence of cancer and growing healthcare sectors in developing nations.

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Asia-Pacific Home-Use Beauty Devices Industry To Prosper in Coming Years

The global home-use beauty devices market revenue stood at $9,571.6 million in 2020, and it is expected to rise to $89,535.1 million by 2030. According to the estimates of the market research firm, P&S Intelligence, the market will advance at a CAGR of 25.1% from 2020 to 2030 (forecast period). The growing public awareness about beauty devices, rising incidence of skin diseases, mushrooming population of geriatric people, and increasing appearance consciousness of people are the major factors fueling the expansion of the market across the globe.

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According to the World Population Ageing 2020 report published by the United Nations Department of Economic and Social Affairs (UNDESA), the population of people aged 65 years or above will rise from 727 million in 2020 to more than 1.5 billion by 2050. Since ageing causes the loss of fibrous tissues and a massive reduction in the glandular and vascular network, geriatric people are highly vulnerable to skin sagging, pigmentary changes, dryness, and wrinkles and therefore, their surging population is positively impacting the worldwide demand for home-use beauty devices, as these devices help in tightening and revitalizing the skin.

Depending on technology, the home-use beauty devices market is classified into vibration, nano-iconic, electroporation, microneedling, laser/light, and radiofrequency (RF) energy. Out of these, the laser/light category is predicted to exhibit the highest growth rate in the market throughout the forecast period. Wavelengths of high-energy light are emitted by these devices, which target a particular skin disorder or condition and generate heat energy in order to destroy the diseased cells. This subsequently leads to improved skin condition.

Geographically, North America contributed the highest revenue to the home-use beauty devices market in the past, primarily because of the high appearance consciousness and disposable income of people. In the forthcoming years, the market will register the fastest growth in Asia-Pacific. The increasing prevalence of skin diseases, rising appearance consciousness of people, and surging occurrence rate of hormonal disorders are the major factors fueling the expansion of the regional market. Furthermore, countries, such as India, China, Indonesia, Thailand, and Vietnam with their soaring millennial population are providing lucrative growth opportunities to the players operating in the market.

Hence, the market will grow substantially in the coming years, mainly because of the ballooning population of geriatric people, rising appearance consciousness of people, and growing incidence of skin diseases across the world.

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