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Showing posts with the label Clinical Diagnostics

Self-Testing Market is Estimated to Witness High Growth Owing to Rising Adoption of Home Diagnostics

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Self-Testing Market The self-testing market involves home-based diagnostic tests that allow individuals to collect samples independently and interpret results without the involvement of healthcare professionals. Some common types of self-testing kits available are blood glucose monitoring, pregnancy, ovulation, cholesterol, HIV, and drugs of abuse testing kits. Self-testing kits offer privacy, convenience, and faster results compared to laboratory tests. The growing awareness about early disease detection and management is driving the demand for self-monitoring of health parameters through home use kits. Global self-testing market is estimated to be valued at US$ 25,191.62 million in 2024 and is expected to exhibit a CAGR of 6.8% over the forecast period 2024 to 2030. Key Takeaways Key players operating in the self-testing market are BNP Paribas, CVS Health, Aviva, Allianz, Humana, Cigna, Aetna, Wellcare Health Plans Inc., UnitedHealth Group Inc., and Nippon Life Insurance Company, am...

Clinical Diagnostic Market is driven by growing preference toward minimally invasive diagnostic procedures

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Clinical Diagnostic Market  The clinical diagnostic market encompasses various products that are used to determine the nature or cause of various clinical abnormalities or diseases. Some key products in this market include clinical chemistry analyzers, hematology analyzers, flow cytometers, immunoassay analyzers, microbiology systems, molecular diagnostic instruments, and others. The growing preference toward minimally invasive diagnostic procedures has boosted the demand for these clinical diagnostic instruments in recent years. Minimally invasive diagnostic procedures require only a small sample and provide quicker results while avoiding risks associated with invasive surgeries. The global clinical diagnostic market is estimated to be valued at US$ 96.01 Bn in 2024 and is expected to exhibit a CAGR of 7.5% over the forecast period 2024 to 2031, as highlighted in a new report published by Coherent Market Insights. Market key trends: One of the major trends in the clinical diag...

The growing Glycated Albumin Assay Market is estimated to witness high growth owing to increasing prevalence of diabetes

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   Glycated Albumin Assay Market  Glycated albumin assay products are used for the detection and monitoring of glycated albumin levels in blood samples of diabetic patients. Glycated albumin assay helps in effective glucose management and prevent complications associated with uncontrolled diabetes. The global Glycated Albumin Assay Market is estimated to be valued at US$ 150 million in 2023 and is expected to exhibit a CAGR of 20% over the forecast period 2024 to 2031, as highlighted in a new report published by Coherent Market Insights. Market Opportunity Increasing prevalence of diabetes: The increasing prevalence of diabetes globally has augmented the demand for efficient glucose management and monitoring. As per International Diabetes Federation, approximately 7.5% of the global population aged 20-79 years, which is equivalent to 537 million adults were living with diabetes in 2021. The rising diabetes burden has opened vast opportunities for glycated albumin assay pr...

The Cannabis Testing Market is Driven by Rising Legalization of Medical Cannabis

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  Cannabis Testing Market The Cannabis testing market involves testing of medical cannabis for various quality parameters to ensure patient safety and product authenticity. This involves testing for macroscopic and organoleptic characteristics, terpene profiles, moisture content, residual solvents, microbial and mycotoxin contamination, and chemical analysis for target cannabinoid content like THC and CBD. Strict regulations and quality standards mandate comprehensive testing at various stages of cultivation and distribution of medical cannabis which ensures consistency in composition and effects. The global Cannabis Testing Market is estimated to be valued at US$ 1.72 Billion in 2024 and is expected to exhibit a CAGR of 7.2% over the forecast period 2024-2030, as highlighted in a new report published by Coherent Market Insights. Market key trends: One of the major trends in the Cannabis testing market is the growing adoption of chromatography and spectroscopy techniques. LC-MS and...

Lung Cancer Surgery Market is Expected to be Flourished by Advancement in Lung Cancer Surgery Techniques

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  Lung Cancer Surgery Market The lung cancer surgery market comprises key products such as endobronchial valves, bronchoscopes, ultrasound systems, cauterizing and electrosurgical devices, cutting instruments, and surgical staplers that are used for diagnostic as well as surgical procedures to treat lung cancer. Lung cancer surgeries, including wedge resection, lobectomy, and pneumonectomy, are mainly performed to remove part of or the entire lung containing cancer cells. Advancement in techniques such as video-assisted thoracic surgery (VATS) allows minimally invasive surgery with smaller incisions. The global lung cancer surgery market is estimated to be valued at US$ 6.04 billion in 2024 and is expected to exhibit a CAGR of 7.9% over the forecast period 2024 to 2030, as highlighted in a new report published by Coherent Market Insights. Market Dynamics: The lung cancer surgery market is expected to be flourished by Advancement in lung cancer surgery techniques. One such driver is...

Trypsin Market is Expected to be Flourished by Rising Demand from Food Industry

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  Trypsin Market Trypsin is a proteolytic enzyme that helps in digestion of proteins and plays a vital role in various biochemical processes. It is commonly used in cell culture applications for detaching adherent cells from vessel surfaces and downstream processing applications. Trypsin finds major application in the food industry where it is used for tenderization of meat and preparation of soy protein products. Some common food applications of trypsin include meat tenderizers, dough conditioners, egg white liquefiers, and cheese manufacturing aids. With increasing demand for convenience food and rising meat consumption worldwide, the application of trypsin in the food industry is expected to rise substantially over the forecast period. The global trypsin market is estimated to be valued at US$ 46.72 Mn in 2023 and is expected to exhibit a CAGR of 8.4% over the forecast period 2023 to 2030, as highlighted in a new report published by Coherent Market Insights. Market Dynamics: Th...

Pleural Diseases Market Owing To Rising Prevalence Of Lung Cancer

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Pleural Diseases Market   Market Overview: Pleural diseases market involves products that are used to treat pleural diseases conditions such as pleurisy, pneumothorax, pleural effusion, and mesothelioma. The key products in this market include pleural catheters, thoracentesis devices, biopsy devices, and others. Pleural effusion is one of the most common conditions indicating excess fluid build up between the chest wall and lungs which requires drainage using pleural catheters or thoracentesis devices. Market Dynamics: The rising prevalence of lung cancer is one of the major drivers of the pleural diseases market. For instance, according to the American Cancer Society, lung cancer accounts for about 25% of all cancer deaths and is the second most common cancer. Around 235,760 new cases of lung cancer were diagnosed and over 131,880 deaths from lung cancer occurred in 2018 in the United States. Furthermore, increasing adoption of minimally invasive procedures for drainage and biop...

Homeopathic dilutions uptake to grow the Homeopathic Dilutions Market

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Homeopathic Dilutions Market    Market Overview: Homeopathic dilutions are substances that are highly diluted with solvents such as water or alcohol. Homeopathic dilutions are mainly used in homeopathic medicines to treat various ailments such as headaches, colds, seasonal allergies and many more. Homeopathic dilutions are considered safer alternative to allopathic medicines due to their natural composition and lack of side effects. The need for homeopathic dilutions arises due to growing preference for natural and herbal remedies over conventional drug therapies amid rising health concerns. Market key trends: One of the key trends in the homeopathic dilutions market is growing uptake of homeopathy as a preferred alternative treatment. According to research, natural composition and minimal side effects of homeopathic medicines are driving larger adoption among customers. Another trend is increasing Research & Development initiatives by manufacturers to introduce novel fo...

Liquid Biopsy Market is Estimated To Witness High Growth Owing To Increasing Adoption of Non-Invasive Cancer Screening

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Liquid Biopsy Market Market Overview: A liquid biopsy is a non-invasive blood test used to screen for cancer. It analyses blood samples and detects tiny fragments of DNA released by tumor cells into the bloodstream and helps determine the presence of cancer. Liquid biopsies are useful in monitoring disease recurrence and treatment response as it can detect genetic mutations that help personalize cancer therapy. Market key trends: The increasing adoption of non-invasive cancer screening and monitoring procedures is a key trend fueling market growth. Liquid biopsies offer several advantages over solid tissue biopsies as they pose minimal risks, are easily repeatable and can detect multiple tumor samples circulating in the blood which helps gain a comprehensive understanding of cancer. Furthermore, liquid biopsies have wide applications in mutation detection, residual disease detection and recurrence monitoring which is boosting their demand across various cancer types. Growing investm...

Clinical Diagnostics Market Overview and key Trends

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Clinical Diagnostic Market Market Overview: The clinical diagnostic market includes products and solutions utilized for disease diagnosis, prognosis and treatment monitoring. The demand for clinical diagnostic products has increased significantly in recent years due to rising prevalence of chronic and infectious diseases worldwide. Clinical diagnostic laboratories extensively utilize automation for increasing productivity and workflow efficiency. Laboratory automation solutions help accelerate diagnostic testing, improve accuracy and ensure safety. This has driven increased adoption of automated systems in clinical diagnostic processes. Market key trends: One of the major trends in the clinical diagnostic market is the growing adoption of point-of-care testing devices. POCT provides quick diagnostic results to aid real-time clinical decision making. Manufacturers are focused on developing miniaturized, portable and easy-to-use POCT technologies for conditions such as cardiac markers ...