Future Market Trends

  Future of In Vitro Diagnostics Market: Key Dynamics, Size & Share Analysis The Global  In Vitro Diagnostics Market  size was valued at around USD 115 billion in 2022 and is estimated to grow at a CAGR of about 5.1% during the forecast period, i.e., 2024-30. It is mainly attributed to the increasing adoption of IVD, primarily due to the rising prevalence of infectious diseases & chronic conditions. Chronic diseases such as cardiovascular diseases, cancer, and infectious diseases necessitate the usage of IVD tests for early detection, continuous monitoring, and effective management. According to the World Health Organization (WHO), approximately 41 million individuals die each year due to chronic diseases, accounting for nearly 74% of all global deaths. As individuals age, the risk of developing chronic diseases and health conditions increases.  Top Challenges Impacting the In Vitro Diagnostics Market Growth Rising Geriatric Population to Push the Market Expa...

  Future of Softgel Capsules Market: Key Dynamics, Size & Share Analysis The Global  Softgel Capsules Market  size is valued at around USD 1.23 billion in 2023 and is estimated to grow at a CAGR of about 7.24% during the forecast period, i.e., 2024-30. The market has experienced remarkable growth and diversification in recent years, driven by the consumers' increasing preference for easy-to-swallow dosage forms, coupled with the  expansion of the nutraceutical  & pharmaceutical industries. Softgels, characterized by their one-piece capsules containing liquid or semisolid fillings, offer a host of advantages, including improved bioavailability, precise dosing, and reduced side effects. These qualities have accelerated the demand for softgels to deliver a wide array of nutritional supplements, over-the-counter medications, and prescription drugs. Top Challenges Impacting the Softgel Capsules Market Growth Environmental Vulnerabilities to Challenge the Soft...

  Future of Canes & Crutches Market: Key Dynamics, Size & Share Analysis The Global  Canes & Crutches Market  was valued at USD 750 million in 2022 and is estimated to grow at a CAGR of around 4.1% during the forecast period, i.e., 2024-30. Rising geriatric populations, arthritis, musculoskeletal disorders, ankylosing spondylitis, increasing incidence of osteoporosis, and accidental disabilities are anticipated to mount the Global Canes & Crutches Market size in the coming years. These walking aids are the most used type of assistive technology & are also included in the priority assistive list product of WHO. Top Challenges Impacting the Canes & Crutches Market Growth Mounting Geriatric Population to Amplify the Market Growth – The growing geriatric or elderly population across numerous countries worldwide is influencing the demand graph for canes & crutches. In recent years, the lifestyle & eating habits of individuals have changed, which...

  Future of GCC Connected Medical Devices and Wearables and Wearables Market: Key Dynamics, Size & Share Analysis The  GCC Connected Medical Devices and Wearables and Wearables Market  is projected to grow at a CAGR of around 20.19% during the forecast period, i.e., 2025-30. GCC region has always been at the forefront in accepting new technologies, especially in healthcare & consumer devices. The greater traction towards these devices is led by rising purchasing power, augmentation in the home care services, ascending health consciousness among the individuals, lifestyle trends, etc. Therefore, the double-digit growth in the sales of connected medical devices, and wearables were registered during 2020-23. Top Challenges Impacting the GCC Connected Medical Devices and Wearables and Wearables Market Growth Rising Cyber Security Attacks in Healthcare Sector - Due to rising digital innovations, organizations are becoming more susceptible to online attacks in GCC count...

  Future of Precision Medicine Market: Key Dynamics, Size & Share Analysis The Global  Precision Medicine Market  size was valued at around USD 48.8 Billion in 2023 & is estimated to grow at a CAGR of around 10.6% during the forecast period, i.e., 2024-30. In recent years, the lifestyle of individuals has drastically changed, as they are following unhealthy diets, consuming excessive alcohol, and rarely engaging in physical activities like sports. The transition of individuals toward unhealthy lifestyles has led to rising instances of chronic diseases like diabetes, cardiovascular diseases, etc. According to the British Heart Foundation, as of 2024, almost 110 million men & 80 million women are suffering from coronary heart disease. The higher prevalence of chronic illnesses across the globe is resulting in the requirement for accurate treatment & medicines to improve an individual's health condition, driving the Precision Medicine Market. Top Challenges I...

  Future of Body Contouring Market: Key Dynamics, Size & Share Analysis The Global  Body Contouring Market  size is projected to grow at a CAGR of around 13.19% during the forecast period, i.e., 2024-30. Global demand for aesthetic enhancement operations and the increased prevalence of obesity are major factors driving the growth of the body contouring industry. Globally, the prevalence of obesity has been rising rapidly due to several causes, including sedentary lifestyles, poor eating habits, and genetic predispositions. Because of this, an increasing number of people are looking for ways to reduce their body fat deposits and get a more toned and shaped body. Patients seeking to enhance the shape and appearance of their bodies can choose from a variety of body contouring procedures, including minimally invasive body sculpting and laser liposuction, as well as non-invasive methods like cryolipolysis, radiofrequency, and ultrasound-based treatments. Top Challenges Imp...