The global healthcare sector has been permanently transformed by the COVID-19 pandemic, which has resulted in a faster adoption of novel technologies and care delivery methods, as well as a heightened.
The global medical devices market is expected to grow from $495.46 billion in 2022 to $718.92 billion by 2029 at a CAGR of 5.5% during the forecast period.
Top industry trends for automation in 2022 included growth in hyper automation, IT systems becoming largely critical as organizations depend on business process automation to offer digital experiences.
Morgan Stanley expects annual growth of 8% in the pet industry by 2030, noting that there has been an addition of nearly 5 million pets in the United States as compared to 2019, mainly due to the COVID.