The global hormonal contraceptives market is projected to reach a value of USD 26.6 billion by 2026, with a notable CAGR of 5.8% during the forecast period 2019 to 2026. This is owing to the unmet needs for contraceptives worldwide, especially in developing nations. The market was valued at USD 16.7 billion in 2018. The World Health Organization estimated a rise in the utilization of modern contraceptives from 54% in 1990 to about 57.4% in 2015. This is attributable to the easy availability and user reliability of contraceptive products all over the world. Such factors are likely to add impetus to the hormonal contraceptives market size in the forecast duration. Fortune Business Insights™ presents a comprehensive overview of the...
The global influenza medication market size is projected to reach USD 993.7 million by 2026, exhibiting a CAGR of 2.2% during the forecast period. Increasing global burden of influenza will be one of the central forces driving the growth of this market. Influenza, or the flu, is a virus that infects the human respiratory system, that is, the throat, lungs, and nose. Usually, the infection subsides on its own, but sometimes it can turn severe and even prove to be fatal. According to the World Health Organization (WHO), every year influenza epidemics around the globe affect around 3 million to 5 million people and cause respiratory deaths between 290,000 and 650,000.
The global coronary guidewires market size is projected to reach USD 594.8 million by 2026. The increasing number of cardiovascular surgical procedures will create several opportunities for market growth. According to a report published by Fortune Business Insights, titled “Coronary Guidewires Market Size, Share & Industry Analysis, By Material (Nitinol, Stainless Steel, and Others) By Coating (Coated and Non-Coated) By End User (Hospitals, Cardiac Catheterization Laboratories, and Others) and Regional Forecast, 2019-2026,” the market was worth USD 383.3 million in 2018 and will exhibit a CAGR of 5.7% during the forecast period, 2019-2026.
The global contract research organization services market will derive growth from increasing clinical trials in the coming years. According to a report by Fortune Business Insights, titled “Contract Research Organization (CRO) Services: Global Market Analysis, Insights and Forecast, 2019-2026,” the market was valued at US$ 38,396.4 Mn in 2018. Fortune Business Insights states that the market will reach US$ 90,926.3 Mn by 2026, thereby exhibiting a CAGR of 9.9%. A contract research organization is a company that is engaged in providing various pharmaceutical services such as product development, statistical analysis, and regulatory updates. The contract research organization also helps in submitting applications for new drug approvals...
The use of genomics is expanding in the medical industry, which is creating growth opportunities for the global genomics market. Fortune Business Insights in a new report, titled “Genomics: Global Market Analysis, Insights and Forecast, 2019-2026” offers valuable insights into the factors enabling growth in the market. Genomics is most commonly used for the diagnosis of cancer. Recent advancements in personalized medicine and genomics have bought significant transformations in disease management. The growing use of genomics in several clinical trials is reflecting a growing trend. Consequently, the global market is expected to rise at an exponential CAGR of 18.7% between 2018 and 2026. In 2018, the market was valued at US$ 15,888.8...
The global surgical robots market is poised to touch USD 6,875.1 million by 2026, displaying a CAGR of 21.4% during the forecast period. One of the key factors driving the surgical robots market growth is the rising prevalence of non-communicable or chronic diseases (NCDs) such as cancer, diabetes, and COPD. According to the World Health Organization (WHO), chronic diseases are responsible for about 71% of global deaths every year. These diseases require intense medication and in most cases, surgery is the only available option. The World Economic Forum estimates that 1 in every 3 adults globally suffers from multiple chronic conditions, increasing annual healthcare costs between 80 and 300%. Since chronic diseases can require multiple...
The rise in geriatric population and the increasing demand for proper healthcare and medical services to suffice to their needs is boosting the global telemedicine market says Fortune Business Insights in their new study. The study is titled “Telemedicine Market Size, Share and Global Trend By Type (Products, Services), By Application (Teleradiology, m Telepathology, Teledermatology, Telepsychiatry, Telecardiology, Others), By Modality (Store-and-forward (Asynchronous), Real-time (Synchronous), Others), By End User (Healthcare Facilities, Homecare), and Geography Forecast till 2026”. This report highlights all factors driving and restricting the growth of telemedicine market. The information provided in the report is collected from...
Rising preference for on-demand services will be a major driver for the Global Acute Care Market, finds Fortune Business Insights in its report, titled “Acute Care Market Size, Share and Global Trend By Application (Trauma & Injuries, Surgery, Skin Infections, Urinary Tract Infections, Sprains, Strains, & Fractures, Others), By End User (Hospitals, Ambulatory Surgery Centres (ASC), Others) and Geography Forecast till 2026”. An in-depth analysis of the factors that will influence the market in the forecast period.
According to the report, the eyewear market size is predicted to be worth USD 178.95 billion by the end of 2026 from USD 115.90 billion in 2018. The forecast period is set from 2019 to 2026 and the market is expected to exhibit a CAGR of 5.7%. With respect to product type, the market will be dominated by the spectacles segment owing to the rising prevalence of eye disorders such as hypermetropia and myopia.