The global single-use bioreactors market growth forecasted to transform from USD 4.4 billion in 2024 to USD 9.1 billion by 2029, driven by a CAGR of 15.4%. The major factors driving the single-use bioreactors market include the growing adoption of single-use technologies by CDMOs and CMOs, reduced capital investment requirements, and lower resource consumption compared to traditional stainless-steel bioreactors. The challenges include regulatory hurdles, compliance issues, the risk of breakage of single-use bags, and concerns related to leachables and extractables, which may impede the growth of the market. Opportunities lie in the development of hybrid facilities that combine single-use and stainless-steel systems, which can offer lower costs, smaller footprints, and increased flexibility in production. Download Free Sample Report@https://lnkd.in/dPvMxy9A
Healthcare Industry Updates
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The global sterility testing market growth forecasted to transform from USD 1.1 billion in 2023 to USD 1.9 billion by 2028, driven by a CAGR of 10.5%. North America accounted for the largest share of the sterility testing market. Increasing drug approvals are expected to boost the market in the region. Additionally, the rising prevalence of diseases and the growing patient pool are increasing the demand and production for medicines in North America. The pharmaceutical & biotechnology industries in North America invest heavily in R&D and are expected to witness significant growth in the coming years, which in turn, is expected to drive the growth of the market. Download Free Sample Report@ https://lnkd.in/e5WYTKPX
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The global artificial intelligence in genomics market growth forecasted to transform from USD 0.5 billion in 2023 to USD 2.0 billion by 2028, driven by a CAGR of 32.3%. The AI in genomics market is dominated by a few globally established players such as NVIDIA Corporation (US), Microsoft Corporation (US), Google, Inc. (US), Intel Corporation (US), BenevolentAI (UK), SOPHiA GENETICS (Switzerland), Illumina, Inc. (US), among others. Download Free Sample Report@ https://lnkd.in/dG9fUJvZ
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𝐓𝐡𝐞 𝐠𝐥𝐨𝐛𝐚𝐥 𝐯𝐚𝐜𝐜𝐢𝐧𝐞𝐬 𝐦𝐚𝐫𝐤𝐞𝐭 𝐠𝐫𝐨𝐰𝐭𝐡 𝐟𝐨𝐫𝐞𝐜𝐚𝐬𝐭𝐞𝐝 𝐭𝐨 𝐭𝐫𝐚𝐧𝐬𝐟𝐨𝐫𝐦 𝐟𝐫𝐨𝐦 𝐔𝐒𝐃 78.0 𝐛𝐢𝐥𝐥𝐢𝐨𝐧 𝐢𝐧 2024 𝐭𝐨 𝐔𝐒𝐃 94.9 𝐛𝐢𝐥𝐥𝐢𝐨𝐧 𝐛𝐲 2029, driven by a CAGR of 4.0%. Similarly the vaccines market (excluding COVID -19 vaccines) is projected to reach USD 80.3 Billion by 2029 from USD 53.0 Billion in 2024, at a CAGR of 8.7% during the forecast period. Technological advancements in vaccine development, increasing government initiatives for immunization programs and expanding investments in research and development are some of the factors driving growth of this market. Download Free Sample Report@ https://lnkd.in/dQxjBXMx
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Allergy Diagnostics Market Size to Surpass USD 9.8 Bn by 2029 Download Free Sample Report@ https://lnkd.in/dkRxqAXg The allergy diagnostics market is forecasted to grow from USD 5.3 billion in 2024 to USD 9.8 billion by 2029 at a robust 11% CAGR. This growth is driven by rising allergy cases, advancements in diagnostic technologies, and the integration of AI in allergy detection. However, high costs of instruments and a shortage of allergists remain key challenges. Key Highlights: ◼ Growing Prevalence of Allergies: Increasing cases of food, drug, and respiratory allergies globally are pushing the demand for advanced diagnostic tools. ◼ AI Integration: Artificial intelligence is enhancing the accuracy and speed of allergy detection, offering personalized insights for patients. ◼ Regional Growth: North America is expected to dominate the market, followed by Europe and the Asia Pacific, driven by strong healthcare infrastructure and increasing awareness. ◼ Key Players: Thermo Fisher Scientific, Siemens Healthineers, and Danaher lead the market, continuously innovating to improve diagnostic efficiency.
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3D Printing Medical Devices Market Projected to Expand by $4.2 Billion by 2028 𝐃𝐨𝐰𝐧𝐥𝐨𝐚𝐝 𝐏𝐃𝐅 𝐁𝐫𝐨𝐜𝐡𝐮𝐫𝐞: https://lnkd.in/e8ybNh7Y The global size of 3D printing medical devices market in terms of revenue was estimated to be worth USD 2.7 billion in 2022 and is poised to reach USD 6.9 billion by 2028, growing at a CAGR of 17.1% from 2022 to 2028 𝐓𝐡𝐞 𝐜𝐨𝐦𝐩𝐚𝐧𝐢𝐞𝐬 𝐟𝐞𝐚𝐭𝐮𝐫𝐞𝐝 𝐢𝐧 𝐭𝐡𝐢𝐬 𝐫𝐞𝐩𝐨𝐫𝐭 𝐢𝐧𝐜𝐥𝐮𝐝𝐞 Stratasys 3D Systems Corporation Materialise GE Additive Renishaw Desktop Metal PRODWAYS GROUP Nikon SLM Solutions CELLINK Organovo Holdings, Inc. EOS Formlabs Carbon 3T Additive Manufacturing Ltd Biomedical Modeling Inc. Dentsply Sirona Roland DG Corporation DWS Hydrotherapy Systems Ltd REGENHU Protolabs Triastek, Inc. FABRX Aprecia Pharmaceuticals Fluicell GeSiM Gesellschaft fuer Silizium-Mikrosysteme mbH Inventia Life Science
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Surgical Robots Market Expected to Grow by $9.9 Billion by 2027 𝐃𝐨𝐰𝐧𝐥𝐨𝐚𝐝 𝐏𝐃𝐅 𝐁𝐫𝐨𝐜𝐡𝐮𝐫𝐞: https://lnkd.in/ekFVZybG The global surgical robots market in terms of revenue was estimated to be worth $8.5 billion in 2022 and is poised to reach $18.4 billion by 2027, growing at a CAGR of 16.6% from 2022 to 2027 𝐓𝐡𝐞 𝐜𝐨𝐦𝐩𝐚𝐧𝐢𝐞𝐬 𝐟𝐞𝐚𝐭𝐮𝐫𝐞𝐝 𝐢𝐧 𝐭𝐡𝐢𝐬 𝐫𝐞𝐩𝐨𝐫𝐭 𝐢𝐧𝐜𝐥𝐮𝐝𝐞 Intuitive Stryker Medtronic Smith+Nephew Zimmer Biomet Asensus Surgical Siemens Healthineers Renishaw CMR Surgical THINK Surgical PRECEYES B.V. Microsure Titan Medical Inc. avateramedical Digital Solutions GmbH Medicaroid Brainlab Essential Robotics Globus Medical Johnson & Johnso Momentis Surgical™ TINAVI Medical Technologies Co., Ltd. Distalmotion Monteris Medical
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Home Healthcare Market Projected to Grow by $133 Billion by 2028 𝐃𝐨𝐰𝐧𝐥𝐨𝐚𝐝 𝐏𝐃𝐅 𝐁𝐫𝐨𝐜𝐡𝐮𝐫𝐞: https://lnkd.in/eZSSQKYe The size of global home healthcare market in terms of revenue was estimated to be worth $250.0 billion in 2023 and is poised to reach $383.0 billion by 2028, growing at a CAGR of 8.9% from 2023 to 2028 𝐓𝐡𝐞 𝐜𝐨𝐦𝐩𝐚𝐧𝐢𝐞𝐬 𝐟𝐞𝐚𝐭𝐮𝐫𝐞𝐝 𝐢𝐧 𝐭𝐡𝐢𝐬 𝐫𝐞𝐩𝐨𝐫𝐭 𝐢𝐧𝐜𝐥𝐮𝐝𝐞 Abbott Linde Roche ResMed Philips GE HealthCare A&D Company Invacare Corporation Amedisys LHC Group OMRON Group BAYADA Home Health Care Drive DeVilbiss Healthcare Sunrise Medical Roma Medical Caremax Vitalograph advita Pflegedienst GmbH RENAFAN GmbH CONTEC MEDICAL SYSTEMS CO., LTD BKK B. Braun Melsungen AG Baxter International Inc. Medline Industries, LP ADVIN HEALTH CARE
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Medical Supplies Market Expected to Grow by $25.1 Billion by 2027 𝐃𝐨𝐰𝐧𝐥𝐨𝐚𝐝 𝐏𝐃𝐅 𝐁𝐫𝐨𝐜𝐡𝐮𝐫𝐞: https://lnkd.in/euVNaduY The global medical supplies market in terms of revenue was estimated to be worth $138.4 billion in 2022 and is poised to reach $163.5 billion by 2027, growing at a CAGR of 3.4% from 2022 to 2027. 𝐓𝐡𝐞 𝐜𝐨𝐦𝐩𝐚𝐧𝐢𝐞𝐬 𝐟𝐞𝐚𝐭𝐮𝐫𝐞𝐝 𝐢𝐧 𝐭𝐡𝐢𝐬 𝐫𝐞𝐩𝐨𝐫𝐭 𝐢𝐧𝐜𝐥𝐮𝐝𝐞 Medtronic Cardinal Health BD Johnson & Johnson Boston Scientific Thermo Fisher Scientific. Baxter International Inc. 3M Smith+Nephew Convatec Abbott Merit Medical Systems, Inc. Stryker Terumo Medical Corporation Teleflex Fresenius Medical Care Coloplast Cook Medical Hamilton Medical ACell, Inc. Invacare Corporation Medline Industries, LP Shenzhen MedRena Biotech Co., Ltd. Kerecis Whiteley
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Wound Care Market Projected to Grow by $7.1 Billion by 2028 𝐃𝐨𝐰𝐧𝐥𝐨𝐚𝐝 𝐏𝐃𝐅 𝐁𝐫𝐨𝐜𝐡𝐮𝐫𝐞: https://lnkd.in/e9kwgN8J The global wound care market in terms of revenue was estimated to be worth $21.5 billion in 2023 and is poised to reach $28.6 billion by 2028, growing at a CAGR of 5.9% from 2023 to 2028. 𝐓𝐡𝐞 𝐜𝐨𝐦𝐩𝐚𝐧𝐢𝐞𝐬 𝐟𝐞𝐚𝐭𝐮𝐫𝐞𝐝 𝐢𝐧 𝐭𝐡𝐢𝐬 𝐫𝐞𝐩𝐨𝐫𝐭 𝐢𝐧𝐜𝐥𝐮𝐝𝐞 3M Company Cardinal Health Medtronic Smith+Nephew MÖLNLYCKE HEALTH CARE AB BKK B. Braun Melsungen AG Baxter International Inc. Convatec PAUL HARTMANN Ges.m.b.H. Coloplast Organogenesis MiMedx Integra LifeSciences Bioventus Zimmer Biomet Deroyal Industries Kerecis ACell, Inc. Lohmann & Rauscher GmbH & Co.KG TALLEY GROUP LIMITED Welcare Industries S.p.A. Wuhan VSD Medical Science & Technology Co., Ltd. Pensar Medical™ HAROMED - medical technologies DermaRite Medline Industries, LP Advancis Medical MIL LABORATORIES PRIVATE LIMITED