Portable analytical instruments are lightweight handheld instruments with simple infrastructure and deliver instant results, in any location and under any weather condition.
Factors such as the growing incidence of urolithiasis and technological advancements in lithotripsy devices are driving the growth of this market. The Lithotripsy Devices Market is expected to reach USD 1.76 Billion by 2023 from USD 1.41 Billion in 2018, at a CAGR of 4.5%.
The major factors driving the growth of the market include increasing public-private funding for life science research, technological advancements, and increasing automated systems in the nucleic acid isolation and purification market.
Factors such as increasing incidence of cardiovascular diseases and obesity, physician preference of laboratory testing rather self-testing, growing awareness and adoption of preventive healthcare, government initiatives to improve the quality of testing, and rapid growth in the geriatric population are propelling the growth of this market. Moreover, emerging economies offer significant growth opportunities for players operating in the cholesterol testing services market. On the other hand, rapidly growing home/self-testing and emergence of noninvasive cholesterol testing methods are the major factors that may limit growth of the market to a certain extent.
The growing number of outpatient surgeries is expected to increase the adoption of capnography monitoring devices in outpatient surgical departments in the US. The demand for capnography monitoring devices in outpatient surgical procedures is further supported by the increasing prevalence of target diseases (diabetes, CVDs, respiratory diseases, and sleep apnea) and the growing number of outpatient surgical procedures requiring general anesthesia and medium & high sedation.
Microtome Market is experiencing significant growth due to the growing demand for increasing healthcare expenditure, digital pathology, and high prevalence of cancer. A lack of skilled professionals is likely to hamper the growth of the market.
Growth in this market is attributed to the rapid growth in the geriatric population, increasing number of ophthalmic surgeries owing to the rising prevalence of eye diseases, technological advancement in ophthalmic surgical instruments, and government initiatives to increase awareness about visual impairment across the globe.
Growth in this market can primarily be attributed to factors such as the rapidly increasing aging population, technological advancement, favoring government regulations towards monitoring devices and increasing incidences of cardiovascular diseases.
The increasing prevalence of chronic diseases along with the rapid growth in the geriatric population, growing use of ambulatory infusion pumps in home care settings, and growing number of surgical procedures are some of the key factors driving the growth of the infusion pumps market.
Major factors driving the market growth are increasing prevalence of respiratory diseases, growing geriatric population, and technological advancements in respiratory diagnostic systems. On the other hand, rising healthcare costs and reimbursement concerns are the major factors restraining the growth of the respiratory diagnostics market. High potential emerging markets such as Japan, China, India, South Korea, Taiwan, Australia, and Singapore offer significant growth opportunities for the key players in the respiratory diagnostics market.