Press Room

U.S. Durable Medical Equipment Market Worth $79.6 Billion By 2027

U.S. Durable Medical Equipment Market Growth & Trends The U.S. durable medical equipment market size is expected to reach USD 84.3 billion by 2028, according to a new report published by Grand View Research, Inc. It is projected to expand at a 6.0% CAGR over the forecast period. The rising prevalence of chronic diseases with the rapidly mounting geriatric population requiring ...Read More »

January 2021

Remote Patient Monitoring System Market Worth $4.1 Billion By 2028

Remote Patient Monitoring System Market Growth & Trends The global remote patient monitoring system market size is expected to reach USD 4.1 billion by 2028, according to a new report by Grand View Research Inc. It is expected to expand at a CAGR of 19.7% from 2021 to 2028. The remote patient monitoring (RPM) system uses digital technology to gather patient data and monitor a patient’s health remotely. The remote patient monitoring system is expected to witness substantial growth in demand due...Read More »

January 2021

Contrast Media Market Size Worth $7.2 Billion By 2028 | CAGR: 8.6%

Contrast Media Market Growth & Trends The global contrast media market size is expected to reach USD 7.2 billion by 2028, according to a new report published by Grand View Research, Inc. The market is expected to expand at a CAGR of 8.6% from 2021 to 2028. The increasing burden of chronic diseases is driving the demand for diagnostic imaging procedures which are anticipated to fuel market growth. The imaging tests such as ...Read More »

January 2021

Honey Market Size Worth $17.34 Billion By 2028 | CAGR: 8.2%

Honey Market Growth & Trends The global honey market size is expected to reach USD 17.34 billion by 2028 registering a CAGR of 8.2%, according to a new report by Grand View Research, Inc. Rising awareness about maintaining a healthy lifestyle is expected to be the key driver for the market growth over the forecast period. Honey has excellent nutritional and medicinal properties. It improves body immunity, helps in ...Read More »

January 2021

Transplantation Market Size Worth $26.5 Billion By 2028 | CAGR: 11.5%

Transplantation Market Growth & Trends The global transplantation market size is expected to reach USD 26.5 billion by 2028, growing at a CAGR of 11.5%, according to a new report by Grand View Research, Inc. Growing incidence of organ failure has resulted in high demand for transplantation procedures, which is boosting the market growth. Rising demand for transplant products, such as tissue products, immunosuppressants, and organ preservation solutions, is also a major factor driving the market. Many biotechnology and medical device...Read More »

January 2021

Sex Toys Market Size Worth $52.39 Billion By 2028 | CAGR: 8.04%

Sex Toys Market Growth & Trends The global sex toys market size is expected to reach USD 52.39 billion by 2028, based on a new report by Grand View Research, Inc. It is projected to register a CAGR of 8.04% during the forecast period. Women aging from 16 to 70 years old are indulging in the pleasure of adult toys. The stigma of using these products to replace a partner has long been broken by couples who enjoy these toys from time to time, which is expected to drive the market growth. The impact of the COVID-19 pandemic is...Read More »

January 2021

3D Bioprinting Market Size Worth $4.4 Billion By 2028 | CAGR: 15.8%

3D Bioprinting Market Growth & Trends The global 3D bioprinting market size is expected to reach USD 4.4 billion by 2028, according to a new report by Grand View Research, Inc. The market is expected to expand at a CAGR of 15.8% from 2021 to 2028. Rising cases of COVID-19 and increasing prevalence of chronic diseases are some of the major factors contributing towards market growth. The COVID-19 epidemic is ever increasing since it was first identified in China in December 2019. Until January 12, 2021, more than 91.5 million...Read More »

January 2021

North America Digital Pathology Market Worth $593.9 Million By 2028

North America Digital Pathology Market Growth & Trends           The North America digital pathology market size is expected to reach USD 593.9 million by 2028, according to a new report by Grand View Research, Inc. The market is expected to expand at a CAGR of 6.5% from 2021 to 2028. The market is predominantly driven by the growing prevalence of chronic diseases such as cancer. As a consequence of the high prevalence of cancer, pathologists require data that facilitate personalizing therapy for patients. Hence, digital pathology is...Read More »

January 2021

Point Of Care Diagnostics & Testing Market Worth $35.74 Billion By 2028

Point Of Care Diagnostics & Testing Market Growth & Trends The global point of care diagnostics & testing market size is estimated to reach USD 35.74 billion by 2028, registering a CAGR of 3.25%, according to a new report by Grand View Research, Inc. Point of care (POC) diagnostics & testing has significantly altered the therapeutic models applied for the treatment of diabetic patients, HIV patients, and patients with Cardiovascular Disorders (CVDs), in recent years. In addition, emerging advancements on the horizon are...Read More »

January 2021

Spatial Genomics & Transcriptomics Market Worth $381.3 Million By 2028

Spatial Genomics & Transcriptomics Market Growth & Trends The global spatial genomics and transcriptomics market size is expected to reach USD 381.3 million by 2028, according to a new report by Grand View Research, Inc. It is expected to expand at a CAGR of 11.1% from 2021 to 2028. Rapid advances in genomics from human sequencing, tissue sequencing, and single-cell sequencing have resulted in...Read More »

January 2021

Bottled Water Market Worth $505.19 Billion By 2028 | CAGR: 11.1%

Bottled Water Market Growth & Trends The global bottled water market size is expected to reach USD 505.19 billion by 2028, according to a new report by Grand View Research, Inc. It is expected to expand at a CAGR of 11.1% from 2021 to 2028. The growing awareness regarding the adverse health effects of consuming sugary drinks, such as weight gain, obesity, diabetes, and heart disease, is supporting the consumption of alternative beverages, such as still and sparkling water. The growth of the market is primarily...Read More »

January 2021

Biobanks Market Size Worth $106.9 Billion By 2028 | CAGR: 6.2%

Biobanks Market Growth & Trends The global biobanks market size is expected to reach USD 106.9 billion by 2028, according to a new report by Grand View Research, Inc. The market is expected to expand at a CAGR of 6.2% from 2021 to 2028. Biobanks continue to evolve with the introduction of new technologies such as NGS and increased focus on genomic medicine. The availability of several types of biospecimens to cater to multiple domains including drug discovery, diagnostics, and others has accelerated the diversification of biorepositories, thereby driving the market. ...Read More »

January 2021

DNA & RNA Banking Services Market Size Worth $8.83 Billion By 2027

DNA & RNA Banking Services Market Growth & Trends The global DNA and RNA banking services market size is expected to reach USD 8.83 billion by 2027, according to a new report by Grand View Research, Inc. It is expected to expand at a CAGR of 5.46% from 2021 to 2027. Biospecimens such as DNA and RNA are critical for biomarker...Read More »

January 2021

3D Cell Culture Market Size Worth $3.48 Billion By 2028 | CAGR: 10.7%

3D Cell Culture Market Growth & Trends The global 3D cell culture market size is expected to reach USD 3.48 billion by 2028 registering a CAGR of 10.7%, according to a new report by Grand View Research, Inc. The development of 3D optimized assays, kits, and protocols coupled with the evolution of assay techniques is anticipated to drive the three-dimensional cell culture market. As 3-dimensional cultures have the capacity to closely mimic a typical morphology and microarchitecture of organs, these are continuously developed for the studies that require in...Read More »

January 2021

Wound Irrigation System Market Size Worth $380.03 Million By 2028

Wound Irrigation System Market Growth & Trends The global wound irrigation system market size is expected to reach USD 380.03 million by 2028, according to a new report by Grand View Research, Inc. It is expected to expand at a CAGR of 3.8% from 2021 to 2028. The rising prevalence of chronic wounds, increasing number of surgical procedures, technological advancements, favorable initiatives taken by the private and public sectors, and the increasing cases of burns across the globe are the key factors driving the market. A wound irrigation system...Read More »

January 2021

Connected Drug Delivery Devices Market Worth $4.07 Billion By 2028

Connected Drug Delivery Devices Market Growth & Trends The global connected drug delivery devices market size is expected to reach USD 4.07 billion by 2028 registering a CAGR of 46.7%, according to a new report by Grand View Research, Inc. Factors contributing to the growth of this market include a rise in awareness about the adverse effects of non-adherence to medication and increased adoption of ...Read More »

January 2021

Brain Implants Market Size Worth $9.2 Billion By 2028 | CAGR: 9.1%

Brain Implants Market Growth & Trends The global brain implants market size is anticipated to reach USD 9.2 billion by 2028, according to a new report by Grand View Research, Inc. The market is expected to expand at a CAGR of 9.1% from 2021 to 2028. The rise in neurological disorders such as epilepsy, Parkinson’s disease, depression, and tremors as well as growing investments in R&D to develop cost-effective brain implants is attributing to the growth of the market. ...Read More »

January 2021

Sternal Closure Systems Market Size Worth $3.5 Billion By 2028

Sternal Closure Systems Market Growth & Trends The global sternal closure systems market size is expected to reach USD 3.5 billion by 2028, according to a new report by Grand View Research, Inc. The market is expected to expand at a CAGR of 5.6% from 2021 to 2028. The market is driven by the growing number of surgeries undertaken to treat complex cardiovascular problems. For instance, according to the data published by the Centers for Disease Control and Prevention (CDC), around 30.3 million or 12.1% of U.S. adults were diagnosed with heart...Read More »

January 2021

Non-invasive Prenatal Testing Market Size Worth $6.5 Billion By 2028

Non-invasive Prenatal Testing Market Growth & Trends The global non invasive prenatal testing market size is anticipated to reach USD 6.5 billion by 2028 registering a CAGR of 10.9%, according to a new report by Grand View Research, Inc. High adoption and demand for early non-invasive prenatal testing (NIPT) coupled with improvements in reimbursement scenario are among the factors driving the market. The use of invasive techniques of prenatal testing, such as chorionic villus sampling and amniocentesis, can lead to issues, such as...Read More »

January 2021

Healthcare Contract Manufacturing Market Worth $323.6 Billion By 2028

Healthcare Contract Manufacturing Market Growth & Trends The global healthcare contract manufacturing market size is expected to reach USD 323.6 billion by 2028, according to a new report by Grand View Research, Inc. It is expected to expand at a CAGR of 7.7% from 2021 to 2028. The changing regulatory landscape, coupled with rising offshoring to emerging countries, is anticipated to propel the market growth over the forecast period. Increasing demand for advanced products is a major factor driving the market. Original equipment manufacturers (OEMs)...Read More »

January 2021