Posts

Showing posts with the label Malaria Diagnostics Industry

Anesthesia & Respiratory Devices Market Is Predicted To Grow Swiftly Due To Increasing Incidences Of Respiratory Illnesses Till 2022: Grand View Research, Inc.

Image
The global  anesthesia and respiratory devices market   is expected to reach USD 26.8 billion by 2022, according to a new report by Grand View Research, Inc. Anesthesia and respiratory devices, owing to their capability to resolve various environmental and lifestyle induced respiratory disorders are expected to witness a substantial growth.  Increasing incidences of respiratory illnesses such as Chronic Obstructive Pulmonary Disease (COPD) and Obstructive Sleep Apnea (OSA) are high-impact rendering drivers for this market. Moreover, the increasing base of geriatric population and rising rates of environmental pollution also are anticipated to spur market growth.  Rapid technological advancements taking place in these products are expected to lead towards the availability of better options for healthcare practitioners and the patients, thereby promoting anesthesia and respiratory devices market growth.  The anesthesia machines are most commonly used...

Malaria Diagnostics Market Is Predicted To Grow Swiftly Due To Rising Prevalence Of The Disease Worldwide Till 2022: Grand View Research, Inc.

Image
The  malaria diagnostics market  was worth USD 579.5 million in 2015 owing to rising prevalence of the disease worldwide. The market is projected to reach USD 789.0 million over the forecast period. In addition to growing need for technological advancements, there is rising demand for cost-efficient and high-quality diagnostics methodologies that can trigger growth in the industry. The diagnostics market can be segmented into rapid diagnostic tests (RDTs) and microscopic devices. RDT malaria diagnostic market accounted for a share of about 45.0% in the year 2015, in terms of revenue and is expected to continue the trend with the highest CAGR over the forecast period. Need for faster results, growing sensitivity and shortage of skilled workforce are key factors driving the industry. Also, RDTs require less turnaround time and are comparatively simple to use, which is expected to propel demand. The microscopic malaria diagnostics share, by volume, is anticipated to grow at...