Medical Devices
Biosimilars are basically biologic medical products or biologics that are very similar to the conventionally used generic drugs, which are also called reference drugs in the medical industry in order to differentiate them from biosimilars.…
According to a report by P&S Intelligence on Healthcare Ecosystem Insights, the healthcare industry in the U.S. is predicted to generate a revenue of $5,605.5 billion by 2024, advancing at a 6.6% CAGR during the forecast period. The growth…
The surging prevalence of neurological diseases such as fecal incontinence, depression, epilepsy, Alzheimer’s, and Parkin-son’s is one of the major factors responsible for the soaring uti-lization of nerve repair and regeneration devices t…
The penetration of internet and smartphones has increased significantly over the past few years across the globe, particularly because of technological advancements that have made these technologies accessible to a larger number of people.…
The rising prevalence of chronic diseases is one of the major factors propelling the demand for lancets across the world. There has been a huge increase in the occurrence rate of chronic obstructive pulmonary disease (COPD), diabetes, card…
The thought of getting a surgery done is often fearful for people, however, these days, just every other thing has become easy, conduction surgeries for treating diseases has also become comparatively simpler and safer. This is due to the …
The lifestyle of people has changed drastically over the past few years, and the surging consumption of high-calorie food, sedentary lifestyle, increased obesity levels, and growing consumption of tobacco has resulted in the rising inciden…
The rising prevalence of obesity and various other chronic diseases, soaring geriatric population, and surging preference for technologically advanced products are the other major factors boosting the demand for wearable medical devices th…
The prevalence of chronic, lifestyle-associated, and respiratory diseases is on the rise across the world. For example, as per the Centers for Disease Control and Prevention (CDC), about 117 million people in the U.S. were suffering from a…
While the rising penetration of the internet and the increasing digitization of healthcare operations have undoubtedly made healthcare services and processes much more streamlined than they were before, it is also true that the rapid digit…
A major health crisis that is being faced by the healthcare industry, and the whole world really, is the rapidly increasing cases of the novel COVID-19. As per the Worldometer statistics, the number of COVID-19 cases increased to 81,171 in…
The increasing geriatric population across the world is one of the key factors responsible for the surging usage of medical robotic systems. Moreover, the rising healthcare costs and dwindling number of healthcare providers and caregivers …
Lifestyle of people has changed radically over the past few years, and the work life of people is becoming more and more stressed. Due to this, medical conditions such as stress, hypertension, obesity, and insomnia are affecting an increas…
The major drivers for the organ-on-chip market are government funding and support, increasing demand for the discovery and development of effective drugs, concerns with respect to drug testing on animals, and rise in the number of drug rep…
As per the Parkinson’s Disease Foundation, about 7–10 million people suffer from Parkinson’s disease, globally. In the U.S., each year, 60,000 new cases of Parkinson’s disease are reported. Further, epilepsy is one of the most common neuro…
One of the key factors responsible for the surge in the demand for wearable fitness trackers is the rising adoption of smartphone-based fitness tracking apps across the world. These apps, owing to their ability to provide a wide array of u…
The prevalence of chronic diseases is rising rapidly; for example, as per the International Diabetes Federation, approximately 425 million people were suffering from diabetes in the age group of 20–79 years old in 2017, and this number of …
Peer pressure, particularly among young adults and school children, can result in some bad decisions, such as usage of drugs. Drug abuse, also known as substance abuse, is the utilization of certain chemicals for pleasuring the brain, whic…
One of the most important factors leading to the rising demand for aspiration and biopsy needles is the increasing prevalence of cancer across the world. According to the World Health Organization (WHO), the number of people who died from …