Global Life Science Tools and Services Market is forecasted to witness a CAGR of 8% by 2027

Life science’ is a universal term which studies all the organisms and microorganisms. There are various segments which fall under the life science category such as cell biology, biotechnology, genetics, molecular biology, biomedicine, and biochemistry. The life science tools and services market is classified on the basis of products & services and applications. Recent Developments and Innovations in Life Science Tools and Services Market  Recent developments and advancements in the global  life science tools and services market have enabled companies to develop efficient life science products with advanced solutions and growing applications, along with its cost effectiveness. Such technological innovations and developments tend to provide a healthy edge to all the established manufacturers and hence, all leading companies are focusing on investing in their research activities for new product development and expanding their geographic reach across the world to strengthen their

Global Urology and Pelvic Health Market is forecasted to witness a CAGR of 8% by 2027

Urology and pelvic health is a medical and surgical specialty involving disorders of the genitourinary tract and the adrenal glands. Urologists addresses the conditions affecting kidneys, ureters, bladder, and urethra in both men and women. The global urology and pelvic health market is segmented on the basis of product, application, and end-user. Technological Innovations and Developments in the Urology and Pelvic Health Market Recent advancements, innovations and developments in the urology and pelvic health market have enabled manufacturers to develop efficient medical products with excellent capabilities such as minimally invasive approach, fast recovery and reduced healthcare infections. All top companies axcross the world have recently launched their advanced medical products to expand their geographic reach and dominate their position in the urology and pelvic health market.  Some of the technological advancements are listed below: In November 2022, Teleflex launched its U

Global Spine Surgery Devices Market is forecasted to grow at a CAGR of ~5 % by 2027

Spinal surgery devices are used to restore and improve the mechanical stability of the spine, correct and maintain spinal alignment and improve the spinal fusion caused by trauma or slipped discs originating from degenerative intervertebral disks. Slowdown/Decline in the Demand for Spine Surgery Devices Points to An Upcoming Recession Due to an upcoming recession, patients are projected to delay the elective surgical procedures including spinal fusion surgeries until the global economy looks promising. Considering the present economic and financial conditions, patients are estimated to be less willing to bear the costs of these private pays or discretionary procedures and may select to forgo such procedures. Another factor that will be limiting the placements of these devices is limited spending by hospitals amid an economic slowdown and a looming recession risk. Developments in Spine Surgery Procedures Fuels the Demand of Spine Surgery Devices Market For many patients, experi

US Branded Generics Market valued at $19.1 billion in 2022, is anticipated to witness a CAGR of ~9-10% by 2027

Branded generics are generic drugs that are given a proprietary market name. It can be developed either by a generic drug company or by the original manufacturer and can be marketed after the patent expiry of the original drug. They are sold by using a brand name instead of a chemical name. An abbreviated new drug application (ANDA) is submitted to the regulatory body for marketing and promoting branded generics and it should be therapeutically equivalent to the original drug for which the patent is expired. Multiple Advantages Offered by Branded Generics Drives its Adoption in US Branded Generics Market Due to the several advantages offered by branded generics, their adoption is expected to grow rapidly in United States. Following are some of the key advantages:- • Sold as alternatives to brand-name drugs and are relatively less costly. • For combination drugs, it is tough to remember their generic names. Branded generics can be easily remembered. • Attract ,many consumers who pr

Global Obesity Drugs Market valued at $2.3 billion in 2022, is expected to Witness a Healthy Growth of 25% by 2027

Obesity and overweight are defined as gain of additional fat thus leading to a number of diseases, which can be measured by using body mass index (BMI) as a baseline. A BMI of over 30 is generally considered as obese and a BMI of over 25 is considered as overweight. Obesity is a major risk factor to various diseases such as diabetes, heart diseases, and cancer; approximately over 650 million obese patients living across the world as as projected by World Health Organization (WHO). Rising Obese and Overweight Population to Trigger the Demand of Obesity Drugs Market Obesity is one of the topmost contributors to a number of medical diseases such as heart diseases, stroke, cancer and diabetes. World Obesity Atlas 2022 forecasted the growth of global obese population to be 16.1% in 2025, accounting for 892 million people which will further reach 1,025 million by 2030 with a healthy growth rate of 17.5% in 2030.  Some of the regional obesity burden estimated by World Obesity Atlas 2022 ar

Global Advanced Wound Care Market valued at $~8.5 billion in 2022, is set to grow at a ~4% CAGR by 2027

Advanced wound care provides specialized medical treatments for chronic or non-recovering wounds, which are defined as sores or wounds which have not healed significantly during the course of the conventional treatment duration. Rapid Move towards Advanced Wound Care Over the Conventional Wound Care Conventional wound care products are used often as a primary or a secondary dressing to prevent the wound from contamination. Conventional wound care products include gauze, lint and cotton dressings. Advanced wound care products and medical devices facilitate the oxygen flow to the wound while providing a suitable environment to help prevent necrosis. Some of the best advanced wound care products are hydrogels, films, foams, hydrocolloids, alginates, sponges and fabrics. The major benefits of using advanced wound care products are lessened healing time, optimized drainage and reduced infection risk. Technologically Developments and Innovations in the Management of Chronic Wounds

Global Ostomy Devices Market is forecasted to grow at a steady CAGR of 4-5% to reach $3.2 billion by 2026 : Medi-Tech Insights

An ostomy device is prosthetic medical equipment that gives a means for the collection of waste from a surgically diverted biological system (colon, ileum, and bladder) and the formation of a stoma. An ostomy may be necessary due to birth defects, bladder cancer, inflammatory bowel disease, diverticulitis, obesity, and many other medical conditions. It can be categorized into three types colostomy, urostomy, and ileostomy. Increase in Utilization of Ostomy Drainage Bags Fuels the Ostomy Devices Market Growth An ostomy bag is primarily used to collect urine or stool post-surgery, depending on the type of surgery a patient undergoes. Nearly 1 in 500 Americans lives with an ostomy drainage bag. About 30% of people with UC will need ostomy bags at some point in time either temporarily or permanently. In some scenarios, such as the removal of the colon due to colon cancer , the usage of ostomy drainage bags may be permanent. Nowadays, bags and pouches are also very discreet and can be