Market Research Report Insights

The global infertility treatment devices and equipment market size is expected to reach USD 420.7 million by 2026, according to a new report by Grand View Research, Inc. It is projected to expand at a CAGR of 9.3% during the forecast period. According to the United Nations (UN), the global fertility rate is expected to decline to 2.4 births per woman by 2030 and 2.2 births per woman by 2050. Currently, 46% of the global population lives in countries with low levels of fertility. Another 46% population lives in countries with intermediate fertility and the remaining 8% population lives in countries with high fertility. Demand for Assisted Reproductive Technology (ARTs) is growing due to growth in infertility rate across the globe. The patients are offered several options for the infertility treatment depending on the causes. Technological advancements in developing regions offer promising growth for fertility clinics, hospitals, and device manufacturers to expand the market presence. ...

The global single-use filtration assemblies market size is expected to reach USD 7.0 billion by 2026 and is projected to exhibit a CAGR of 11.2%, according to a new report by Grand View Research, Inc. The market is significantly driven by the expansion of the biotherapeutics industry and budget constraints faced by small to medium-sized end users. At present, single-use technology has become a cost-saving strategy for contract manufacturers, thus most of the CMOs are inclined toward the use of disposable filter cartridges and tubing systems. The robustness of venture capital investments is one of the important supportive factors for market growth. Increase in availability of venture funds for life science fields is anticipated to spur the adoption of disposable filtering units among research laboratories and biopharmaceutical developers. Companies are engaged in revolutionizing single-use filtration assemblies using pre-assembled devices, which can reduce the usage of sterile connec...

The U.S. emergency medical services (EMS) billing software market size is expected to reach USD 311.2 million by 2026, based on a new report by Grand View Research, Inc. It is projected to register a CAGR of 8.40% during the forecast period. Rising demand for deploying software that enables enhancement of the process to increase revenue for the clients is anticipated to drive the market. Deploying EMS billing platforms allows EMS providers to focus on improving patient care without having to worry about complex and time-consuming billing operations. This factor is anticipated to bode well for the market growth. Innovative software with features such as reporting, documentation, and analytics are improving the transparency of the claims process, making it faster and more efficient. For instance, in November 2018, Ohio City appointed an EMS billing and collection company - Digitech to increase its collection that comes from Medicare and Medicaid payments. Digitech estimated to increase...

The global anti-acne cosmetics market size is expected to reach USD 3.88 billion by 2026 according to a new report by Grand View Research, Inc. It is projected to expand at a CAGR of 8.2% during the forecast period. The high psychological burden associated with acne is mainly expected to drive the anti-acne cosmetics market. Moreover, easy availability of anti-acne products through several offline and online shops is also anticipated to drive the growth. According to the America Academy of Dermatology, acne is one of the common skin disorders in U.S., affecting approximately 50 million individuals every year with nearly 85% individuals between the age group of 12 to 24 years suffering from minor acne. Thus, such high prevalence among adolescents and young adults is anticipated to fuel the market growth. According to a study conducted by SkinStore, an average American women uses nearly 16 skin care products on her face daily and spends approximately USD 8 every day on facial cosmetic...

The global laparoscopic devices market size is anticipated to reach USD 9.92 billion by 2026 expanding at a CAGR of 6.6%, according to a new report by Grand View Research, Inc. Increasing number of bariatric surgeries being performed and adoption of minimally invasive procedures are anticipated to boost the market growth. According to the American Society for Metabolic and Bariatric Surgery (ASMBS), bariatric surgery is performed when a patient is suffering from obesity and they are not able to lose weight. Thus, growing cases of obesity is contributing to the market growth. Increasing preference by surgeons for laparoscopic surgery owing to the benefits, such as small incisions, less healing time, and short hospital stay, is also driving the market. Technological advancements are further expected to propel market growth. For instance, Medtronic’s LigaSure device is designed to deliver a specific combination of energy and pressure to create consistent seal within its applications. I...

The global wound therapy devices market size is expected to reach USD 1.78 billion by 2026, according to a new report by Grand View Research, Inc. It is projected to expand at a CAGR of 3.9% during the forecast period. Rising geriatric population, introduction of technologically advanced products, and prevalence of chronic diseases are the key factors driving the growth. Rising cases of pressure ulcers across the globe is one of the major factors driving the wound therapy devices market. The incidence rate of pressure ulcer is rising owing to the increasing geriatric population and cases of disabilities across the globe. Rising cases of venous leg ulcers across the globe is another factor driving the advanced wound therapy devices market. Venous leg ulcer is an open lesion between the ankle joint and knees mainly caused due to the venous disease. The venous leg ulcers is the most advanced form of chronic venous disorders and its recurrence rate is more than 70.0%. For instance, as ...