A new report by MarketsandMarkets projects that the global veterinary software market will grow at a compound annual growth rate (CAGR) of 6.1% from 2017 to 2022. The growth drivers include rising companion animal ownership and demand for pet insurance. However, lack of government incentives and reluctance among some veterinarians to adopt new technologies could…
The global cell counting market is experiencing healthy growth, according to a recent industry report from marketsandmarkets. Valued at $10.4 billion in 2020, the market is forecasted to reach $14.5 billion by 2025, representing a 6.7% compound annual growth rate. This uptrend is driven by several key factors spurring demand for cell counting products and…
A new report from MarketsandMarkets projects strong growth in the global healthcare asset management market over the next several years. The market is estimated to reach $35.19 billion by 2023, propelled by factors like the need for better asset tracking in hospitals, increasing acceptance of asset management solutions in pharmaceutical companies, and declining costs of…
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The global cell expansion market was valued at $14.9 billion in 2020 and is projected to reach $30.1 billion by 2025, growing at a compound annual growth rate (CAGR) of 15.1% during that period, according to a new report from MarketsandMarkets Research. Key factors driving this growth include rising chronic disease prevalence, increased government funding…
The global dental digital x-ray market is experiencing rapid expansion, poised to grow from $4.0 billion in 2022 to $7.0 billion by 2027 at an impressive 11.9% compound annual growth rate (CAGR), according to the latest report by MarketsandMarketsTM. Several key factors are propelling this market forward. A rise in dental disorders coupled with digital…
The global blood culture tests market is projected to grow at a compound annual growth rate (CAGR) of 8% from 2023 to 2028 to reach $7.6 billion by 2028, according to a new report from MarketsandMarkets Research. Key factors driving growth include the rising incidence of sepsis and bloodstream infections, growing demand for rapid diagnostic…
The global urinalysis market was valued at $3.9 billion in 2022 and is expected to grow at a compound annual growth rate (CAGR) of 8.1% from 2022 to 2027 to reach $5.7 billion, according to a new report from MarketsandMarkets. Growth is being driven by factors like the increased focus on disease screening by governments,…
The global microbial identification market is projected to grow at a compound annual growth rate (CAGR) of 12.2% from 2020 to 2025 to reach $5.7 billion by 2025, according to a new report from MarketsandMarkets. Key factors driving this rapid growth include the rising incidence of infectious diseases and frequency of pandemics, advances in identification…
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The global advanced wound care market is poised for robust growth in the coming years, according to a new report from marketsandmarkets. The market was valued at $11.2 billion in 2022 and is expected to reach $17.7 billion by 2027, growing at a compound annual growth rate (CAGR) of 9.4%. The growth is being primarily…
The global cell based assays market is expected to see robust growth in the coming years, according to new research from MarketsandMarkets. The market, valued at $18.9 billion in 2023, is projected to reach $28.2 billion by 2028, expanding at a compound annual growth rate (CAGR) of 8.4%. The report cites rising demand for drug…
