Healthcarenews

  Decongestants are pharmaceutical agents used for relieving nasal congestion associated with common cold, allergies and other respiratory illnesses. They work by constricting blood vessels in the nasal passages, thus reducing swelling and stuffiness. The growing incidence of respiratory disorders such as asthma, sinusitis and allergic rhinitis has fueled the demand for decongestants for symptomatic relief. Changing lifestyle and rising levels of air pollution have contributed significantly to the increasing prevalence of these conditions. The global Decongestant Market is estimated to be valued at US$ 4,710.4 Mn in 2023 and is expected to exhibit a CAGR of 18% over the forecast period 2023 to 2030, as highlighted in a new report published by Coherent Market Insights. Market key trends: The increasing preference for oral decongestants over other modes of administration is one of the major trends being witnessed in the decongestant market. Oral medications are more convenient t...

  Scalp cooling systems help prevent hair loss associated with chemotherapy by reducing the amount of chemotherapy drug absorbed by hair follicles. They utilize specialized cooling caps to lower the scalp temperature and constrict hair follicles and blood vessels, thereby protecting hair follicles from the toxic effects of chemotherapy. The global Scalp Cooling System Market is estimated to be valued at US$ 130 million in 2023 and is expected to exhibit a CAGR of 15.82% over the forecast period for 2023-2030, as highlighted in a new report published by Coherent Market Insights. Market key trends: The demand for scalp cooling systems has been growing due to the rising prevalence of cancer and increasing number of chemotherapy procedures performed worldwide annually. It is estimated that over 18 million new cancer cases were reported globally in 2023. Scalp cooling allows cancer patients to maintain their hair and normal appearance during chemotherapy treatment, which positively...

  Healthcare middleware systems help integrate different healthcare applications and systems by acting as an interface between them. They facilitate the transfer of clinical, financial and administrative data across various software applications within a healthcare organization and external parties. Market Dynamics: The healthcare middleware market is primarily driven by the growing need for data integration across various healthcare IT systems. Healthcare providers are increasingly adopting electronic health records (EHR) and other healthcare IT solutions which generate large volumes of patient data on a daily basis. However, data from these sources are often siloed and not in a format that allows for easy sharing and analysis. Middleware solutions help bridge this gap by transforming and routing data between different applications in a standardized way. Another key factor fueling the demand is the increasing consolidation of healthcare providers who require middleware to sha...

  Diagnostic radioisotopes are radioactive materials used as tracers or markers in various diagnostic medical procedures such as positron emission tomography (PET), and single-photon emission computed tomography (SPECT). Diagnostic radioisotopes market estimates the global prevalence of diseases and growing aging population. Market Dynamics: The diagnostic radioisotopes market is expected to witness high growth over the forecast period owing to increasing application of nuclear medicine in early disease diagnosis and rising prevalence of chronic diseases such as cancer. According to the American Cancer Society, over 1.9 million new cancer cases are likely to be diagnosed in 2023 and over 609,000 cancer deaths are projected in the United States. Furthermore, technological advancements in diagnostic procedures through combination of radioisotopes with nanotechnology and theranostics are also fueling the market growth during the forecast period. However, short half-life of radioi...

Veterinary blood glucose meters are handheld devices used to measure the glucose level in animal blood. They are widely used in veterinary clinics and hospitals to diagnose and monitor diabetes in pets such as dogs and cats. Market Dynamics: Rising pet ownership around the globe is driving the growth of the veterinary blood glucose market . According to the American Pet Products Association, around 90.5 million cats and 79.7 million dogs were owned as pets in the United States in 2023. Proper care and monitoring of pets' health has become a priority for pet owners. Moreover, increasing incidence of diabetes in canines and felines is also propelling the demand for veterinary blood glucose meters for accurate diagnosis and treatment of the condition. Various factors such as lack of physical activity, obesity, and genetic predisposition are contributing to the growth in diabetes cases among pets. As per statistics, about 1 in 450 dogs and 1 in 300 cats are affected by diabetes. Th...

  Basal insulin helps control blood sugar levels between meals and overnight. It is taken through injection and works slowly to maintain an adequate level of insulin in the body throughout the day. Market Dynamics: The Basal Insulin Market is expected to witness significant growth over the forecast period owing to increasing prevalence of diabetes worldwide. According to International Diabetes Federation, around 537 million adults were living with diabetes in 2021, and this number is projected to rise to 783 million by 2045. In addition, growing geriatric population is also expected to boost the market growth during the forecast period. The older population is more prone to develop diabetes which in turn is projected to increase the demand for basal insulin. Also, increasing government initiatives aimed at spreading awareness about diabetes management is expected to fuel the market growth over the coming years. However, presence of alternative treatment options may hamper the ...

Medical terminology software helps manage and maintain clinical terminology and coding for various healthcare organizations and providers. It is used to standardize clinical documentation and streamline workflows in healthcare facilities. Market Dynamics: The global medical terminology software market is expected to witness significant growth over the forecast period owing to the increasing adoption of electronic health record (EHR) systems around the world. EHR systems require integration of medical terminology software to normalize clinical data for improved accuracy in diagnosis, treatment and billing. Additionally, growing focus on minimizing medical errors and ensuring data consistency through standardized clinical terminologies is also expected to support the market growth during the forecast period. Recent technological advancements have enhanced the capabilities of medical terminology software with features such as consumer health vocabulary integration and machine learnin...

  Cheminformatics is a field of science that uses software tools to process chemical data and information to enable the discovery and development of new pharmaceutical drugs and chemical products. It helps in analyzing chemical structures and reactions. Market Dynamics : The growing adoption of artificial intelligence (AI) and machine learning technologies in the pharmaceutical and chemical industries is driving the growth of the cheminformatics market . AI and machine learning are increasingly being used for virtual screening, molecular generation and optimization, and predictive toxicology. They help speed up the drug discovery process and reduce costs by identifying promising drug candidates. Additionally, the increasing focus on reducing drug development costs is also fueling the demand for cheminformatics solutions. By integrating cheminformatics tools with AI, it is possible to analyze huge chemical databases and clinical trial data more efficiently. Market Drivers: I...

  Wound healing films refer to transparent or translucent wound dressings that form a protective barrier over acute and chronic wounds. They help maintain a moist environment that supports wound healing. Market Dynamics: Wound healing films market is expected to witness significant growth during the forecast period owing to increasing incidence of chronic and acute wounds. According to the World Health Organization (WHO), around 1 to 2 million people worldwide suffer from chronic wounds such as pressure ulcers, diabetic foot ulcers, and venous leg ulcers. In addition, rapidly aging population is also leading to rise in number of people suffering from chronic wounds. This is expected to boost the demand for wound healing films. Moreover, increasing investment by key players in wound care research and development is also expected to fuel the market growth over the forecast period. Market Drivers Increasing Prevalence of Chronic Wounds Worldwide The rising prevalence of chron...

Preterm birth and prom testing help in detecting risks of early delivery through identifying biological markers in cervical fluid or blood. This assists doctors to provide timely intervention and customized treatment plans. Market Dynamics:          Preterm birth remains a major public health problem. Various risk factors like previous preterm birth, short interval between pregnancies, infections in uterus are leading to the growth of this market. The global preterm birth and prom testing market is driven by increasing awareness about risk factors associated with preterm birth. With growing awareness, the demand for diagnostics tests and treatments are rising. Further, implementation of various awareness and screening programs by government and non-profit organizations are also fueling the market growth. Advancements in diagnostic technology are allowing easy, quick and non-invasive detection of risks which is a key trend influencing significa...

Red biotechnology refers to the application of biotechnology techniques and tools to manufacture pharmaceutical products and therapies. It involves vaccine development, antibody development, medicines for cancer treatment and gene therapy using genetic engineering techniques. Market Dynamics: Increasing research and development investments in developing innovative drugs and therapies for chronic diseases like cancer is one of the major drivers propelling the growth of the red biotechnology market . The pharma companies are investing large sums in R&D to develop advanced biologics and cell and gene therapies to treat various forms of cancers. For instance, as per Pharmaceutical Research and Manufacturers of America (PhRMA) data, the biopharma companies' R&D expenditure increased from US$ 79.6 billion in 2017 to US$ 83.8 billion in 2020. Additionally, support from government agencies in the form of funds and investments is also fueling R&D activities in the red biotec...

Dental dams are thin sheets of latex used by dental professionals during various dental procedures to isolate the operative site and protect the patient from possible dangers. They are used during root canals, oral surgery, and other procedures to prevent debris, fluids, or dental materials from entering the throat or respiratory tract. Market Dynamics: The growth of the dental dam market is mainly attributed to the increasing number of dental procedures worldwide along with rising incidence of dental diseases. According to the World Health Organization (WHO), oral diseases affect over 3.9 billion people globally. Additionally, increasing awareness about oral health and availability of advanced dental treatments are further supporting the growth of the market. Furthermore, technological advancements in dental dams allowing incorporation of antimicrobial properties are also promoting their adoption. However, higher prices and availability of alternative isolation methods may hinder...

  A transcranial magnetic stimulator uses electromagnetic induction to induce weak electric currents in specific areas of the brain through the intact scalp and skull. It is used for neuromodulation of cortical and sub-cortical brain areas in neurological and psychiatric disorders. Market Dynamics :                                     The transcranial magnetic stimulator market is driven by growing adoption for treatment of neurological disorders such as depression, Parkinson's disease, Alzheimer's disease, and chronic pain. According to the World Health Organization (WHO), over 350 million people are estimated to suffer from depression worldwide. Further, increasing research funding for neuroscience is also contributing to the market growth. For instance, the National Institute of Mental Health funds ove...

Pain management devices provide advanced and effective treatment options for pain relief. With technological advancements, new devices offer targeted pain relief through drug delivery, neuromodulation, and physical therapy modalities. The global Pain Management Devices Market is estimated to be valued at US$ 4,280.9 Mn in 2023 and is expected to exhibit a CAGR of 6.5% over the forecast period 2023 to 2030, as highlighted in a new report published by Coherent Market Insights. Market key trends : Advanced neuromodulation devices for chronic pain have seen increasing adoption in recent years. Devices such as neurostimulators and intrathecal pumps modulate the nervous system and disrupt pain signals, providing effective relief even for severe chronic pain conditions. They allow personalized treatment through adjustable settings controlled by patients remotely. Ongoing technological advancements are further enhancing the efficacy and convenience of neuromodulation therapies. This has s...

  Kirschner wires, also known as K-wires, are thin surgical stainless steel wires used to hold together and support broken bones such as fractures until they heal. They help stabilizes and support fractures and breaks in small bones of hands, feet and facial structures. K-wires play a vital role in orthopedic procedures such as fixing fractures, bone grafting and reconstructive surgeries. The global market is driven by increasing incidence rates of fractures worldwide and growing number of orthopedic and traumatology procedures. The global Kirschner Wire Market is estimated to be valued at US$ 2,135.2 Mn in 2023 and is expected to exhibit a CAGR of 5.1% over the forecast period 2023 to 2030. Market key trends : The global Kirschner wire market is expected to witness significant growth over the forecast period, owing to increased adoption in orthopedic and traumatology procedures. K-wires are extensively used to stabilize fractures in small hand and foot bones during related s...