Posts

Showing posts from March, 2023

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