The global paraformaldehyde market across Asia-Pacific, followed by North America, held the largest share in 2020, contributing to nearly three-fifths of the market, owing to increasing production of paraformaldehyde in China. However, the market across LAMEA is expected to register the fastest CAGR of 6.6% during the forecast period, due to increased production of laminates, …
The APAC chillers market is growing at a rapid pace as the region continues to develop and expand its industrial infrastructure. With many new factories and plants being built, the need for chillers has increased. Chillers are essential for cooling systems in industrial processes, and their demand is projected to grow further in the coming …
The key drivers of the global smart medical devices market size are increase in number of diabetes patients, increase in government support for product development and increase in healthcare expenditure have significantly contributed toward the growth of the market.
the Vietnam medical nutrition market generated $270.16 million in 2019, and is projected to reach $373.05 million by 2027, growing at a CAGR of 5.1% from 2020 to 2027. The infant nutrition segment accounted for more than half of the Vietnam medical nutrition market share in 2019.
The growth of the global medical oxygen gas cylinders market is attributed to increase in incidence of chronic disease such as cancer, respiratory diseases, cardiovascular diseases and others bolsters the market of oxygen cylinders. Moreover, COVID-19 outbreak, is the major factors driving the growth of the global medical oxygen gas cylinders market quote
Based on region, the market across Asia-Pacific generated more than one-third of the global market revenue in 2021, and is anticipated to retain the lion’s share by 2031. The same region would also manifest the fastest CAGR of 4.7% during the forecast period. The other provinces analyzed in the report include Europe, North America, and LAMEA.
The rise in the prevalence of cancer and chronic diseases, increase in geriatric population for rehab purposes, increase in adoption of technologically advanced specialty medical chairs, the surge in investments in R&D by pharmaceutical companies, and rise in the number of surgical procedures for ophthalmic, dental, and ENT disorders.
The growth of the medical laser market is driven by high prevalence of various diseases such as eye disorder, cardiovascular, skin disorders, and others across the world and increase in number of patients demanding advanced laser-based treatments.