A new report by MarketsandMarkets predicts strong growth ahead for the global pharmacogenomics market. The market was valued at $3.5 billion in 2023 and is expected to reach $5.8 billion by 2028, reflecting a compound annual growth rate (CAGR) of 10.6% during this period. Pharmacogenomics refers to the study of how genes affect a person’s…
A new report projects steady growth for the global transfection technologies market over the next several years. The market, valued at $1.2 billion in 2023, is anticipated to reach $1.8 billion by 2028, reflecting a compound annual growth rate (CAGR) of 9.4%. Driving this growth is an uptick in spending on research and development by…
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The global medical laser market is expected to reach $8.3 billion by 2028, representing an 11.5% compound annual growth rate (CAGR) over the next five years, according to a new report by MarketsandMarkets. Key factors driving this growth include an increase in non-surgical cosmetic procedures utilizing medical lasers and a shift towards minimally invasive medical…
The global medical stick-to-skin adhesives market is expected to reach $3.7 billion by 2029, exhibiting a compound annual growth rate (CAGR) of 7.5% over the next six years, according to a new report published by MarketsandMarkets. Key factors driving this steady growth include the rising prevalence of chronic wounds and surgical procedures, an aging population,…
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The global continuous bioprocessing market is projected to grow at a rapid pace over the next several years, according to a new report from market research firm MarketsandMarkets. The market was valued at $218 million in 2023 and is expected to reach $599 million by 2028, reflecting a compound annual growth rate (CAGR) of 22.4%….
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The global preparative and process chromatography market is expected to grow at a compound annual growth rate (CAGR) of 6.8% from 2023 to 2028, according to a new report by MarketsandMarkets. The market, valued at $11.3 billion in 2023, is projected to reach $15.6 billion by 2028. The growth in this market is driven by…
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According to a new report from MarketsandMarkets, the global hemostats market is expected to see healthy growth over the next five years. The market was valued at $2.7 billion in 2023 and is forecasted to reach $3.7 billion by 2028, reflecting a compound annual growth rate (CAGR) of 6.7%. Several key factors are driving expansion…
The global incontinence care products market is expected to reach $16.5 billion by 2028, exhibiting a CAGR of 5.6% over the next five years, according to a new report from MarketsandMarkets. Key factors driving this growth include the aging population and rising prevalence of chronic conditions leading to incontinence. However, the social stigma surrounding incontinence products…
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The global biotechnology contract manufacturing market is expected to grow at a compound annual growth rate (CAGR) of 8.3% from 2023 to 2028 to reach $24.8 billion by 2028, according to a new report from MarketsandMarkets. Key factors driving this growth include increasing outsourcing of biologics manufacturing to contract development and manufacturing organizations (CDMOs), rising…
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The global veterinary telemedicine market is poised for strong growth over the next several years, according a new report by market research firm MarketsandMarkets. The market, valued at $530 million in 2023, is expected to reach $1.23 billion by 2028, reflecting an impressive 18.3% compound annual growth rate (CAGR). Several key factors are contributing to…
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