size is expected to reach USD 1,154.2 million by 2027 and is registering a commendable CAGR of 9.2% From 2020-2027 The rise in the cases of chronic diseases such as diabetes and cancer is a key factor fueling market growth. Unhealthy lifestyle habits of smoking and alcohol consumption have resulted in the increased prevalence of non-communicable diseases which in turn drives the global market. In addition to this, physicians higher recommendation for anti-biofilm wound dressing products to treat chronic diseases further drives the market growth. A rise in the incidence of injuries during participation in sports and recreational activities propels the growth of the market. Apart from that, huge investment in healthcare infrastructure, technological advancements, and favorable government policies are also augmenting the growth of the global market for anti-biofilm wound dressing.
Intelligent Stethoscope Market to Witness Remarkable Growth by 2025: 3M Littmann, Thinklabs, Welch Allyn
newyorktelegraph.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from newyorktelegraph.com Daily Mail and Mail on Sunday newspapers.
Healthcare Regulatory Affairs Outsourcing Market Witness Robust Growth | CRITERIUM, INC , Freyr, Medpace, Inc , Promedica International
newyorktelegraph.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from newyorktelegraph.com Daily Mail and Mail on Sunday newspapers.
Share:
ResearchAndMarkets.com s offering.
Global Ventilator Market to Reach $3,110 Million by the End of 2020 Due to COVID-19 Pandemic
The global ventilator market is witnessing an exponential rise in the size of the market due to the ongoing COVID-19 pandemic. The overall market was estimated to be $1,072 million in FY 2018, and it was expected to grow at a CAGR of 7.1% in the pre-COVID scenario.
However, the COVID-19 pandemic has resulted in an extensive rise in the ventilator demand and has increased the growth rate by up to 172% in 2020. Presently, more than 45 companies are operating in this market, including already exiting healthcare companies and emerging non-healthcare companies.