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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

Global Clear Aligner Market is estimated to witness at a healthy growth rate of 23% to reach $8.5 billion by 2026

Clear Aligners also known as invisible aligners are a type of orthodontics device that are used to align and straighten the teeth just like braces. Clear Aligners is a modern and nearly invisible method used for correcting the majority of orthodontic problems such as crooked teeth, gaps, and rotation. Benefits of Using Clear Aligners over Traditional Metal Braces Clear aligners are an alternative to traditional braces and are designed to help guide teeth into their proper position. Similar to braces, clear aligners use a gradual force to control tooth movement, but without metal wires or brackets. Orthodontic treatment using clear aligners is faster than traditional braces. Several advantages of using clear aligners over braces include: §   Clear aligners are removable so it is easier to brush and floss after meals. §   They are easier to keep clean. §   They are comfortable and less likely to irritate gums and cheeks.   Technological Advancements in Clear Aligner Therapy F

Global Rapid Diagnostic Tests Market is poised to see a decent growth of 4.5% from 2021 to 2026

Rapid diagnostic tests or RDTs are simple-to-use procedures that provide results in less than 20 minutes. Unlike most standard diagnostic tests, which are required to be sent to a lab for analysis, RDTs are done and results are provided at the point-of-care. Rapid tests are most frequently used to diagnose infectious diseases, such as flu, malaria, HIV, and COVID 19, among others. Impact of COVID-19 Pandemic on the Rapid Diagnostic Tests Market The global rapid diagnostic tests market has experienced a significant impact due to the COVID 19 pandemic. Although the demand for RDTs specifically for the detection of SARS-CoV-2 during 2020 and 2021 increased exponentially, the pandemic showed a negative impact on the sales of RDTs for cancer screening, blood glucose, cardiac markers, and other infectious diseases, among others. However, there has been a significant development in the rapid diagnostic tests market during the last two years; some of these are listed below: In October 2021

Global Cardiopulmonary Devices Market valued at $2.8 billion in 2021, is expected to witness a growth of 5% by 2026

Cardiopulmonary diseases include a range of medical conditions that affect the heart and lungs. Cardiopulmonary devices include heart-lung machines (HLM), percutaneous ventricular assist devices (PVAD), extracorporeal membrane oxygenation (ECMO) & Autotransfusion (ATS). These devices find usage in cardiac surgeries, pulmonary surgeries, congenital defects, cardiopulmonary bypass procedures, cardiogenic shock/respiratory failure, joint replacement surgeries, aneurysm surgeries, transplants, and other indications. Impact of Covid-19 Pandemic on the Cardiopulmonary Devices Market During 2020-2021, most of the patients infected with the Covid-19 virus showcased moderate symptoms and recovered quickly. However, some patients developed severe respiratory failure and required intensive care unit (ICU) admission and mechanical ventilation. To treat and save the lives of these severe Covid-19 patients, ECMO emerged as a promising treatment option. The ECMO machine supports both the he

Global Animal Health Market is expected to grow at a decent rate of 4% to reach $49 billion by 2026

Animal health is a medical disciple that emphasizes the prevention, detection, control, and therapeutics associated with veterinary diseases, disorders, and injuries. It covers a broad spectrum of animal species, including the domesticated and wild, with an extensive range of conditions that affect several species. It involves taking care of animals with the appropriate use of vaccines, anti-infective and anti-parasitic drugs, pharmaceutical specialty products, performance technologies, and value-added programs, such as livestock data management tools. Technological Innovations in Animal Health Market Scientific advancements, innovations, and emerging technologies from artificial intelligence to stem cell therapy and new generations of vaccines, have provided greater opportunities to predict, prevent, diagnose and treat animal illness more quickly, accurately, and safely. Veterinary researchers and developers continue to break new ground in reducing disease spread and its impact d

Global Cold Plasma Market is forecasted to witness a lucrative CAGR of 16% by 2026

Cold plasma, the fourth state of matter is a partially ionized gas comprising ions, electrons, ultraviolet photons, and reactive neutrals such as radicals, excited and ground-state molecules. Plasmas can also be artificially generated through gas dissociation by electricity, microwave radiation, or heat under ambient conditions. Due to the low heat capacity of cold plasma, it finds application in bioengineering, medicine, and therapeutics. Adoption of Cold Atmospheric Plasma (CAP) Therapy in Wound Healing Cold atmospheric plasma therapy is the latest approach in the field of plasma medicine. It consists of a mixture of reactive species that convey antimicrobial activity and affect human tissues. Owing to its environment-friendly and non-invasive nature, this technique has been admired and encouraged to use in different therapeutic regimes like wound healing, tissue regeneration, and skin infection management. Atmospheric pressure cold plasmas could affect different stages of wound

Global Gastrointestinal Endoscopic Devices Market is poised to witness a decent growth of 5% by 2026

Gastrointestinal (GI) diseases are disorders of the digestive system that involve a range of vital digestive organs such as mouth, esophagus, stomach, small and large bowels, rectum, anus, and GI connected organs (liver, gallbladder, and pancreas). Medical devices such as endoscopes, laparoscopes/surgical endoscopes, endotherapy devices, and laparoscopic devices play a vital role in the early & accurate diagnosis and treatment of potentially life-threatening GI diseases, which in turn opens up growth avenues for GI MedTech device manufacturers. Resurgence of Gastrointestinal Endoscopic Devices Market Post Covid-19 Pandemic Covid-19 has adversely impacted all the health services internationally and the GI MedTech industry was no different. Specialties such as gastroenterology were directly affected by Covid-19. The pandemic adversely impacted the workflow and safety of endoscopists, ancillary staff, and patients. Shortages of personal protective equipment (PPE), curtailed pa