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Showing posts from January, 2020

Digital Healthcare Market is Rising at a Tremendous CAGR of 26.30% During Forecast 2019-2025

Market Highlights: Digital Healthcare operates based on healthcare big data, electronic health record (EHR) and electronic medical record (EMR), and others. Digital healthcare facilitates the smooth functioning of healthcare-related processes. It helps in the easy management of clinical data, payment procedures, claims, and various other healthcare activities. The factors leading to the growth of the global digital healthcare market are rising use of big data in healthcare, increasing adoption of EHR and EMR systems, government mandates, and support for the maintenance of patient’s electronic health records and others. The global Digital Healthcare Market is expected to register a CAGR of 26.30% during the forecast period with a market value of USD 3,28,887.8 million till 2025. Key Players : ·          Allscripts Healthcare ·          BioTelemetry ·          Cerner Corporation ·          Cisco Systems ·          Koninklijke Philips NV ·          McKesson Corpora

Antibiotic Resistance Market is Growing Successfully at a Promising CAGR of 5.8% During Forecast 2019-2025

Market Highlights: Antimicrobial resistance occurs when microorganisms such as bacteria, viruses, fungi, and parasites change when they are exposed to antimicrobial drugs. Antibiotic drugs include antibiotics, antifungals, antivirals, antimalarials, and anthelmintic. According to MRFR analysis, the global Antibiotic Resistance Market is expected to register a CAGR of 5.8% during the forecast period of 2019 to 2025 and was valued at USD 8,120 million in 2018. The growth of global antibiotic resistance market is driven by various factors such as -          Rising antibiotic drug resistance infections, rise in the incidence of chronic and infectious disease, increase in clinical developments of antibiotic resistance, and rise in global initiatives to control drug-resistance Several market players currently dominate the global antibiotic resistance market. The key players are involved in product launches and strategic collaborations to strengthen their market positions.

Healthcare Data Storage Market is Growing Dynamically at a Promising CAGR of 13.9% During Forecast 2019-2025

Market Highlights Healthcare data storage are software solutions used by hospitals, clinics, diagnostic centers to store patient data for future use. These solutions are used by healthcare companies to store data about manufacturing products and their processes. According to MRFR analysis, the global Healthcare Data Storage Market is expected to register a CAGR of 13.9% during the forecast period of 2019 to 2025 and is likely to be valued at USD 48.2 billion in 2025 . The growth of the global healthcare data storage market is determined by numerous factors such as an increasing patient database due to the increasing number of surgeries, increasing clinical trials, and research activities to develop innovative products. Also, the decreasing paper use to maintain patient information increases the demand for healthcare data storage solutions.   However, the key factors such as data infringement, cyber-attacks and high cost of healthcare data storage solution hamper the market

Life Science Analytics Market is Growing Gradually at a Promising CAGR of 11.91% During Forecast 2019-2025

Market Highlights: Life science analytics is a tool that helps in clinical trials standardization and optimization of the drug discovery process. According to MRFR analysis, the global Life Science Analytics Market is expected to register a CAGR of 11.91% during the forecast period of 2019 to 2025 and was valued at USD 19,165.22 million in 2018. The growth of the global life science analytics market can be contributed to growing pressure to curb the healthcare expenditure, need for improved data standardization, and increasing prevalence of chronic diseases. Furthermore, the growing adoption of analytics solutions in clinical trials, increasing adoption of analytics tools for sales & marketing applications, the need for improved patient outcomes, and rising adoption of big data in the life science industry are also expected to fuel the market growth during the forecast period. However, high implementation costs and lack of skilled professionals have expected to restrain

Pain Patch Market is Supposed to grow at a promising CAGR of 4.8% During Forecast 2019-2025

Market Highlights: Pain patches are used to manage pain caused due to neurological diseases, injury, cancer pain, and others. The pain patches are transdermal drug delivery devices that release the active substance or opioid into the skin to reduce the pain. According to MRFR analysis, the global Pain Patch Market is expected to register a CAGR of 4.8% during the forecast period of 2019 to 2025 and is likely to be valued at USD 29.5 billion by 2025 . The growth of the global pain patch market is determined by numerous factors such as an increasing number of patients having joint pain, muscular pain, a growing geriatric population with either one of the disease-causing pains increases the demand for pain patches. Also, the increasing demand for the alternative of oral drug for pain management rises the market growth. However, the side effects associated with the pain patches and lack of awareness about the product are likely to hamper the growth of the global pain patch m