Medi-Tech Insights

  Growing number of cases of stroke and venous thromboembolism (deep vein thrombosis and pulmonary embolism), as well as the approval/launch of novel mechanical thrombectomy devices, favorable clinical trial outcomes with mechanical thrombectomy, and acquisitions by leading players to strengthen their vascular portfolio and treat patients with blood clots, are driving the growth of the mechanical thrombectomy devices market. Blood clots are a prevalent medical problem that need rapid medical intervention. Mechanical thrombectomy devices are utilized in operations to treat blood clot-caused arterial blockages. Mechanical thrombectomy can be used to treat ischemic stroke, pulmonary embolism (PE), and deep vein thrombosis (DVT). Technological Advances in Mechanical Thrombectomy Drive Market Growth for Mechanical Thrombectomy Devices Constant technical advances and innovations are projected to drive the global mechanical thrombectomy devices market. As an example, In April 2022, Penum...

  Need for dietary and food supplements stems from a sedentary lifestyle and an aging population. Other factors driving the global nutraceuticals market include pharmaceutical and food companies entering the market, the growing applications of functional foods and beverages, rising affluence, and rising spending on health-related products. Nutraceutical is a broad phrase that refers to a food or a component of food that delivers incremental medicinal and health benefits, such as illness prevention and treatment. It is divided into two categories: dietary supplements and functional foods and beverages. Nutraceuticals - Creating Diversification Opportunities for Pharmaceutical and Food Companies Pharmaceutical businesses see 'Nutrition' as a profitable potential where they may harness their existing expertise to get a market footing. Pharmaceutical companies have extensive research capabilities, clinical trial experience, close established relationships with medical practitioner...

  Rising prevalence of chronic diseases such as venous thromboembolism, pulmonary embolism, renal diseases, and cardiovascular disorders, the growing geriatric population, the high demand for anticoagulants, the growing use of heparin in various surgeries such as orthopedic and heart surgeries, and the growing availability of synthetic and semi-synthetic heparin mimetics that aid in cancer, coagulation, and inflammatory disease treatment are some of the key factors driving the global heparin market. Heparin   is a prescription injectable anticoagulant used to treat and prevent the symptoms of blood clots caused by medical disorders or medical treatments. It's also utilized to make an anti-clotting surface within medical devices like dialysis machines and test tubes. Heparin is being more widely used in a variety of applications. What is driving the growth of the heparin market?  Anticoagulants act by reducing the ability of the blood to clot. It aids in the prevention of ...

  The development of albumin-based nanoparticles for drug delivery, high demand for albumin in R&D activities & clinical trials, rising production of immunoglobulin, growing plasma collection, increased preference for recombinant albumin in drug delivery, rising awareness about the benefits of albumin, growing usage of albumin as blood volumizer in a condition of shocks & burns, and rise in non-therapeutic applications of albumin as a multifunctional excipient are some of the key factors driving the global albumin market.  Albumin is the most abundant circulating protein in plasma, accounting for more than half of the total protein in human plasma. Albumin has received a lot of attention as a protein carrier for drug delivery. They are utilized in oncology, diabetes, hepatitis C, hypovolemia, and rheumatoid arthritis, among other things. Albumin market is being driven by rising demand for albumin in R&D and clinical trials Albumin-based therapeutic medicines a...

Dental consumables   are materials that dental practitioners or dentists use on patients to treat and/or conduct treatments related to preventative, restorative, diagnostic, and emergency oral health concerns. Dental implants, crowns and bridges, dental biomaterial, orthodontics, endodontics, and periodontics are the most common dental consumables. The introduction of CAD/CAM technology in cosmetic dentistry is propelling the dental consumables market. Dental CAD/CAM is a newer technology that has the potential to improve the patient experience during dental treatment. CAD/CAM dentistry employs software that allows dental practitioners to accomplish complicated restorations more quickly, effectively, and sometimes more correctly. Both dental clinics and laboratories employ CAD/CAM technology to create high-strength ceramic restorations such as crowns, inlays, onlays, veneers, bridges, dentures, and implant-supported restorations. High adoption of dental consumables in the treatment...

  Rapid growth in the geriatric population susceptible to target diseases, an increasing number of electrophysiology labs, technologically advanced product development by market players, and high investments and funding by market players and government bodies are some of the key factors driving the growth of the global electrophysiology market. Electrophysiology is a test used to detect abnormal heart rhythms, often known as arrhythmias. It aids in the evaluation of the heart's electrical activity by introducing a catheter into blood arteries that enter the heart and then measuring the electrical activity with wire electrodes. EP products are classified into four types: EP ablation catheters, EP laboratory devices, EP diagnostic catheters, and EP access devices. New Product Development and Commercialization to Drive Demand in the Electrophysiology Market Technological advancements in new product development tend to provide manufacturers with a competitive advantage, so major playe...

  Growing prevalence of infectious diseases and immunological disorders, large-scale implementation of vaccination programs by global health agencies, technological advancements in vaccine storage equipment, rising R&D expenditure in biotechnological industries for vaccine research & storage, and increasing government focus on immunization programs are the key factors driving the global vaccine storage equipment market growth. Vaccines are delicate biological agents that lose efficacy and efficiency when exposed to temperatures outside of the recommended range. Vaccine storage equipment (such as refrigerators and freezers) plays a critical role in preventing vaccine-preventable illnesses in persons and communities. An efficient vaccine "Cold Chain" is the first step in proper vaccine storage and handling. Vaccine potency may be lost if the cold chain is not adequately maintained. Global Vaccination Program Implementation is Boosting the Vaccine Storage Equipment Mar...

  High risk of chromosomal abnormalities with increasing maternal age, rise in the adoption of cell-free DNA screening, favorable reimbursement policies for average and low-risk pregnancies, and increasing prevalence of genetic and congenital disorders are some of the key factors driving the global non-invasive prenatal testing market. Non-invasive prenatal testing (NIPT) , is a technique for evaluating if a mother's child will be born with certain genetic disorders. NIPT is a safe and effective method of screening for Down syndrome, Edwards syndrome, Patau syndrome, monosomy X, and Turner syndrome. There are now two commercially accessible NIPT approaches: massive parallel sequencing (MPS) technology and single-nucleotide polymorphism (SNP)-based methods. Shift towards Cell-Free DNA screening in the Non-Invasive Prenatal Testing Market The discovery of cell-free DNA (cfDNA)-based NIPT has resulted in a fast shift in the paradigm of prenatal aneuploidy screening. It is a simple bl...