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Showing posts with the label Healthcare

What Are The Factors Driving The Extracorporeal Membrane Oxygenation Machine Market By 2030?

  Extracorporeal Membrane Oxygenation Machine Industry Overview The global extracorporeal membrane oxygenation machine market was valued at USD 281.1 million in 2021 and is expected to expand at a compound annual growth rate (CAGR) of 5.3% during the forecast period. The key driver of the market is the rising incidence of cardiopulmonary diseases and respiratory failures. According to the Centers for Disease Control and Prevention (CDC), an individual dies every 37 seconds from cardiovascular disease in the U.S. Furthermore, chronic obstructive pulmonary disease (COPD) was among the leading cause of death in the U.S in 2018. The increasing adoption rate of extracorporeal membrane oxygenation (ECMO) has stimulated technological advancement in these systems. The advancement includes the introduction of hollow pumps, oxygenators, and heparin coated cannula used in various applications in surgeries. The increasing number of hospitals offering ECMO services and the rising number of aw...

N95 Mask Market By End Use, By Region, And Segment Forecasts 2022

  N95 Mask Industry Overview The global N95 mask market size was estimated at USD 3.1 billion in 2021 and is anticipated to expand at a compounded annual growth rate (CAGR) of 9.2% from 2022 to 2030. The market growth is expected to be driven by the ongoing COVID-19 pandemic, worker safety, rising cases of infectious biological diseases worldwide, and stringent mask regulations, which have increased demand for N95 masks. The global economic recovery has been jolted by the quick emergence of the omicron strain in 2021. High transmissibility and ability to infect the vaccinated may lead to the imposition of lockdowns and cause supply chain disruptions. Furthermore, increased demand for respirators and masks, combined with stringent respiratory safety standards in various end-user industries, is projected to drive the market. Before the COVID-19 pandemic, the U.S consumed around 50 million N95 masks each year, according to the Department of Defense. During the pandemic, demand rose ...

Veterinary Medicine Market Rising Global Population Is Boosting The Demand

  Veterinary Medicine Industry Overview The global veterinary medicine market size was estimated at USD 29.4 billion in 2021 and is expected to grow at a compound annual growth rate (CAGR) of 7.3% from 2022 to 2030. The increasing cases of zoonotic & chronic diseases are the key driver to this market. The global livestock population has also been experiencing rapid growth over the past few decades. According to the USDA, there were around 103 million cattle and 32.05 million beef cows in the U.S. in July 2020 and the number is expected to grow substantially in the coming years. Moreover, rising R&D & procedural advancements, pet adoption rate, and increasing consumption of meats & mandatory vaccination are anticipated to boost the demand for veterinary pharmaceuticals & vaccines for animals in the near future. An increase in the number of pet owners is driving the need for better treatment options for companion animals, which is resulting in rising health expe...

Aerosol Market By Type, Application, And Segment Forecasts 2022-2030

  Aerosol Industry Overview The global aerosol market size was valued at USD 73.9 billion in 2021 and is estimated to grow at a compound annual growth rate (CAGR) of 6.6% from 2022 to 2030. The growth is majorly driven by the increasing consumption of personal care products, such as deodorants, shaving creams, hair sprays, and body sprays. Aerosols are colloidal systems of solid or liquid particles suspended in a gas. They find a broad range of applications in personal care, household, automotive and industrial, food, paints, and medical sectors. The convenience of use and aesthetic design of aerosol has been attracting various end-use industries towards aerosol-based product packaging. Rapid urbanization coupled with infrastructural developments in emerging economies of Asia Pacific is expected to drive the demand for aerosol in paints and household products.   In addition, the introduction of the Environmental Protection Agency (EPA)-approved aerosol cleaning products is ...

Patient Engagement Solutions Market Procurement, Procurement Intelligence & Supplier Intelligence, 2020–2025

Patient Engagement Solutions Category Intelligence Governments across the globe are continuously investing in improving patient engagement in healthcare infrastructure, driving the procurement needs for the  patient engagement solutions market . North America holds the highest share of the market, owing to increasing government initiatives in this region is contributing toward the overall healthcare market demand. For instance, the U.S. government spends more than 15% of its annual GDP healthcare sector. In Europe, European Health Information Initiative (EHII) provides support for the exchange of expertise, builds capacity, and improves processes involved in health data collection and reporting. Moreover, government organizations such as the European Association of Public Health (EUPHA) work in collaboration with EHII, widening the scope of growth for the health information exchange market in the region.Besides government investments in the healthcare industry, the recent developm...