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NEW YORK, March 17, 2021 /PRNewswire/ Every year, 17.9 million and 9.6 million people die of cardiovascular diseases (CVDs) and cancer, respectively, as per the World Health Organization (WHO). Additionally, more than 422 million people around the world have diabetes. The rising incidence of these and other lifestyle-associated and chronic diseases will propel the global
telemedicine market to $144.2 billion by 2030 from $27.8 billion in 2019, at a 15.8% CAGR during 2020–2030, according to P&S Intelligence.
This is because for people suffering from such diseases, regularly monitoring the blood pressure and glucose levels, heart rate, body temperature, oxygen saturation (SpO
2), and other basic health parameters is essential. As connected devices and other remote patient monitoring solutions can help achieve this, without the patients having to frequently visit a doctor, the telemedicine market is growing primality because it offers con
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NEW YORK, March 16, 2021 /PRNewswire/ Over 17.9 million people die of cardiovascular diseases (CVDs) and 9.6 million of cancer each year, says the World Health Organization (WHO). With the mortality rate increasing every year, the global regenerative medicine market revenue is likely to grow to $39,012.0 million by 2030 from $8,186.9 million in 2019, at a 16.3% CAGR between 2020 and 2030.
This is because regenerative medicine is focused on repairing and recreating the tissues and cells destroyed by such diseases. In this regard, the regenerative medicine market is being driven by the rising geriatric population, as the elderly are more prone to chronic diseases than younger people. From 703 million in 2019, the number of people aged 65 and above around the world is set to reach 1.5 billion in 2050, as per the United Nations (UN).
Generator Set Market to Generate $27,863 Mn Revenue by 2030, Globally says P&S Intelligence
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NEW YORK, March 16, 2021 /PRNewswire/ Several developing countries in Africa, such as Ghana and Nigeria, are plagued by transmission losses, which lead to a significant deficit in the amount of electricity being supplied. As a result, the generator set market size, which was $17,592.6 million in 2019, is projected to witness a CAGR of 5.8% between 2020 and 2030, to reach $27,863.0 million by 2030, according to P&S Intelligence.
This is because the huge electricity demand–supply gap has created a strong need for alternative power production systems, such as generator sets. In this regard, the high capital required for the setting up and maintenance of grids, several natural forces, and low-volume production of energy in the region are also acting as key drivers for generator market.
Digital Health Market Growing with Massive CAGR says P&S Intelligence
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NEW YORK, March 16, 2021 /PRNewswire/ The increasing prevalence of chronic diseases, coupled with the inadequacy of the healthcare facilities in rural and far-flung areas, is propelling the demand for remotely diagnosing and monitoring patients. As a result, the global
digital health market value, which was $101.4 billion in 2019, is projected to reach $884.1 billion by 2030, at a 21.8% CAGR during 2020–2030, according to P&S Intelligence.
The concept of digital health encompasses connected devices, mobile health (mHealth) applications, electronic health records (EHRs), and various other applications of the audio–video and telecommunications technologies that can help doctors and patients communicate without physically being with each other. In this regard, the growing geriatric population is also acting as a strong digital health market driver, a
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NEW YORK, March 15, 2021 /PRNewswire/ Around the world, the increasing usage of devices that can connect to the internet has given rise to the concept of the internet of things (IoT). IoT is being used to manage home and factory operations, reduce energy consumption, in healthcare, and even for agricultural purposes. As a result of the growing IoT sector, the global
structured cabling market size is expected to increase from $7.4 billion in 2019 to $9.6 Billion by 2030, at a 3.9% CAGR during 2020–2030, according to the market research study published by P&S Intelligence.
Key Findings of Global Structured Cabling Market