Global Market Insights

Global Market Insights Articles

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8th April 2021
Non-mydriatic Fundus cameras market to see 5% CAGR over 2019-2025

Propelled by the need for advanced ophthalmic imaging modalities and increasing inclination towards painless detection of eye disorders, fundus cameras market is gaining remarkable traction in the ophthalmic imaging arena. As per the Laser Eye Surgery Hub, about 330,000 cataract operations are performed per year in England alone. Such high incidence rate of severe ophthalmic disorders generate substantial demand for diagnosis, thus favoring fundu...

25th March 2021
Top 3 trends fostering the growth of CRM devices

The Cardiac Rhythm Management (CRM) devices market is anticipated to amass considerable revenue growth on account of rising number of patients suffering from chronic cardiovascular diseases. Lately, there has been a surge in the number of sudden cardiac and arrhythmia deaths worldwide, accounting for almost 15-20% of all deaths registered globally.

12th March 2021
The future developments in digital genome market

Recent advances and developments in the field of genomics and next-generation DNA sequencing technologies have enhanced speed and reduced the costs of DNA sequencing. The growing occurrence of chronic health conditions worldwide has encouraged the adoption of digital genome solutions.

11th February 2021
Increasing technological developments to foster ventricular assist devices

Global ventricular assist devices market is projected to witness a lucrative growth spurt over the forthcoming time period. With rising awareness and technological developments, the global ventricular assist devices market is expected to chalk out remunerative growth trend through a diverse array of verticals.

4th February 2021
Putting second life into context with EV battery reuse

With a sustained growth of electric vehicles globally, environmental upsides of second life batteries have driven EV battery reuse market share. Second life of used EV batteries will potentially represent an invaluable business model for OEMs and equipment providers. As sustainability becomes paramount for stakeholders, including regulators, investors and end-users, automakers have upped investments in used EV batteries.

26th January 2021
Optical sensor market projected to reach $30bn by 2026

According to a recent study from market research firm Global Market Insights, optical sensors are broadly utilised in consumer electronic devices for the detection of events, changes, or input signals and pass the information to other components.

21st January 2021
Strengthening hemoglobin testing devices market outlook by 2025

Growing prevalence of anemia is estimated to drive the demand for hemoglobin testing kits over the forthcoming years. Anemia is regarded as a major public health issue that is impacting people across both developed as well as developing nations. According to reports, nearly 1.6 billion people suffer from anemia globally.

17th December 2020
Women health devices market to procure massive gains over 2019-2025

The uncompromising focus on tackling critical healthcare conditions like breast cancer and other chronic ailments have led to propelling growth of women health devices market lately. According to the World Cancer Research Fund reports, in 2018, there were around 18 million cases of cancer worldwide, of which 8.5 million were primarily identified in women.

9th December 2020
Will smartphone demand impact the haptic technology market?

Haptic technology market is poised to accrue sizable revenue growth on account of proliferating use of self-service kiosks that require responsive 3D touchscreens. Haptic technology focuses on simulating the sensation of touch using several mechanisms. It uses touch as a feedback system to deliver information to consumers or operators. By Saipriya Iyer, Global Market Insights

2nd December 2020
Home sleep apnea testing devices market to witness growth

Increasing prevalence of sleep apnea across the globe coupled with consolidating trend towards home testing is likely to inflate home sleep apnea testing devices market demand. Incidences of Obstructive Sleep Apnea (OSA) have become frequent, with an incredibly high number of people still remaining undiagnosed.

25th November 2020
Diabetes care devices market to surpass $14.5bn by 2025

Diabetes care devices market is estimated to amass substantial gains in the coming years with the growing prevalence of obese population stemming from sedentary lifestyles. In addition, factors such as unhealthy dietary pattern, tobacco intake and alcohol consumption are further stimulating the occurrence of diabetes in turn driving diabetes care devices market trends.

25th November 2020
Automotive switch market 2026 to reach over $16n

According to a recent study from market research firm Global Market Insights, the automotive switch market is set to grow from its current market value of more than $13 billion to over $16 billion by 2026, gaining remarkable traction over the 2020 to 2026 period.

20th November 2020
Ablation devices market to grow $25bn by 2025

According to a report by Global Market Insights, the ablation devices market size is anticipated to record a revenue of over $25bn by 2025.

11th November 2020
Medical drones market to record exponential growth

Technological advancements and growing applications of drones in healthcare sector will provide stimulus to medical drones market. Healthcare organisations are developing drones with diagnostic imaging capabilities that will be capable of assessing health conditions of patients located in remote areas with the deployment of telemedicine technology.

4th November 2020
Global capnography devices market to grow $700m by 2025

As per a recent research report compiled by Global Market Insights, capnography devices market size is projected to exceed $700m by 2025. Increasing prevalence of chronic diseases and a surge in the number of surgical procedures worldwide will fuel capnography devices market size over the forthcoming years.

28th October 2020
4 factors bolstering veterinary imaging market size

An evident increase in the number of pet adoption across the globe along with the consequent expansion in the pet insurance sector has positively influenced global veterinary imaging market size over the last few of years. Improvement in economic conditions, a rise in purchasing power, and a growth in social awareness among the people regarding the need to adopt domestic animals is supporting growth trends in the industry.

21st October 2020
Self-monitoring blood glucose devices market expands

A rise in diabetically affected population and obese people is driving worldwide Self-Monitoring Blood Glucose devices (SMBG) market trends, along with increasing risk factors concerning diabetes with adoptions of unhealthy dietary habits. Additionally, numerous initiatives are undertaken by governments to promote awareness about diabetes, monitoring and implementing activities to offer favorable products at convenient costs.

14th October 2020
Increasing elderly population to foster audiology devices market growth by 2025

As per a research report by Global Market Insights, audiology devices market is estimated to exceed $11bn valuation by 2025. The rising elderly population will augment the audiology devices market growth over the coming years as cases of hearing loss and the issues associated with it increase in tandem with the growth of this demographic.

12th October 2020
Fuel cell electric vehicle market to witness steady growth

According to a recent study from market research firm Global Market Insights, the fuel cell electric vehicle market is set to grow from its current market value of more than $1bn to over $14bn by 2026, gaining remarkable traction over the 2020 to 2026 period.

30th September 2020
Product innovation to propel wearable cardiac devices market

According to reliable reports, the global wearable cardiac devices market size was valued at $1.2bn in 2019 and is poised to record a CAGR of 24.2% through 2026. Mounting adoption of remote patient-monitoring systems and devices in healthcare sector is anticipated to give wearable cardiac devices market share a substantial boost over the estimated timeframe.

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