Veterinary Diagnostics: IDEXX, Mars Petcare, and Zoetis Driving 7% CAGR 2023-2028

In recent years, there has been a noticeable increase in diagnostic testing within animal healthcare, attributed to a surge in pet ownership and the emergence of various zoonotic diseases. Diagnostic testing plays a crucial role in animal healthcare, offering veterinarians a diverse range of tests for disease identification and monitoring. The efficacy of diagnostic testing […]

Teletherapy Gains Momentum in U.S. Schools Amid Rising Mental Health Challenges

Telemedicine to address the growing need for mental health monitoring and intervention is one of several market opportunities that offer intriguing benefits over traditional office-based care. Also known as teletherapy (as well as telemental health, telehealth therapy, or telepsychiatry), this specific form of telemedicine is an area where interest has increased significantly, as barriers to […]

Liquid Biopsy: Double-Digit Growth in Increasingly Competitive Global Market

In 2023, global liquid biopsy market sales exceeded $1 billion. Projections indicate a substantial growth trajectory, with an anticipated average annual double-digit growth rate over the next several years. By 2028, the market’s growth will reflect significant momentum and rapid expansion during the forecast period. This is according to The Worldwide Market for Liquid Biopsy, […]

Molecular HPV Testing: 6.6% Revenue Growth 2023-2028

January is Cervical Health Awareness Month, a reminder that more than 95% of cervical cancer cases are attributed to the human papillomavirus (HPV), according to the World Health Organization (WHO). HPV testing is a key segment of the double-digit, multi-billion-dollar global molecular diagnostic testing market, according to the new report The World Market for Molecular […]

What’s Trending in the $66 Billion Global Telehealth and Remote Patient Monitoring Market

Digitally-enabled care, including remote patient monitoring and telehealth/telemedicine, is taking center stage in the healthcare environment. Nearly $66 billion was spent on patient monitoring and telehealth equipment, devices, and services worldwide during 2023, up from $46 billion in 2018, reports leading medical market researcher Kalorama Information in the new report, Remote Patient Monitoring and Telehealth […]

Molecular Oncology Test Sales Reach $6 Billion

One of the most explored applications of molecular diagnostics is oncology, a segment with sales exceeding $6 billion in 2023, according to new data published in Molecular Diagnostics in Oncology, Genetic/Inherited Diseases, and NIPT, 2023-2028, now on sale by leading medical and diagnostic market research firm Kalorama Information. In the report, the oncology segment is […]

Cell and Gene Therapy: $27 Billion in Q1-Q3 2023 Funding

The concepts of cell therapy and gene therapy have been investigated for decades, but there were major challenges in the early years. Through incremental progress, and the gradual introduction of enabling tools such as CRISPR and next-generation sequencing (NGS), cell and gene therapy has emerged into a highly active area. There are now many approved […]

Global Medtech Sales Exceed $500 Billion as Chronic Diseases Shape Market’s Future

“Advances in Medtech can enhance patient treatment, improve outcomes, lower hospital admissions and fatalities, achieve cost savings, and alleviate the workload on healthcare staff, thus creating a market for medical devices that is forecast to grow and expand over the next five years.“ – Kalorama Information The world market for Medtech is valued at over $500 billion […]

Healthcare Advances, Investments Support Laboratory Information System (LIS) Growth

The global market for LIS is forecast to increase at a high single-digit compound annual growth rate (CAGR) between 2022 and 2027, reveals leading medical market research publisher Kalorama Information in the new report World Market for Laboratory Information Systems (LIS): Software, Hardware, and Implementation for Clinical Labs, 2022-2027. Advances in healthcare will function as […]

Personalized Medicine Key to IVD Procedure Volumes’ 10% Annual Growth

The in vitro diagnostic (IVD) industry is on track again after the disruptions of the pandemic. The overall volume of IVD procedures will rise steadily throughout most of the world, boosted by aging population trends, proliferating epidemiological patterns, increasing availability of healthcare funding, and widespread adoption of patient care strategies that emphasize early disease detection […]