Medi-Tech Insights

  Global Decentralized Clinical Trials (DCTs) Market valued at $8.8 billion (2021), is set to witness a healthy growth rate of 10% to reach $14.2 billion by 2026. Benefits of DCTs, Covid-19, growing adoption by pharmaceutical, medical device companies & contract research organizations (CROs), formation of industry stakeholder groups such as Decentralized Trials & Research Alliance (DTRA) to facilitate collaboration and research, favorable funding & regulatory outlook, and surge in M&A activities are some of the key factors driving the decentralized clinical trials market growth. However, concerns around patient data privacy are likely to hamper the growth of the market. Decentralized clinical trials (DCT) employ a method of conducting clinical trials where parts or all of the trial happen outside a traditional physical clinic or trial site. Clinical trial studies are conducted via telemedicine, mobile/local healthcare providers & digital/mobile technologies...

  The global Dental Consumables Market is expected to grow at a rate of 6% to reach $25 billion in next five years. The growing prevalence of oral health problems and dental disorders, the rising geriatric population, rising demand for cosmetic dentistry, increasing dental tourism in developing countries, and increasing awareness regarding the importance of oral health are key factors driving the growth of the dental consumables market. Dentistry is one of the oldest professions dating back to 7000 BC. Dental consumables are products used on patients by dental practitioners or dentists to treat and/or perform procedures associated with preventive, restorative, diagnostic, and emergency oral health issues. Dental consumables primarily comprise dental implants, crowns and bridges, dental biomaterial, orthodontics, endodontics, and periodontics. The various repairs and preventive care associated with the oral health treatment of the ever-growing population worldwide have consi...

  The global Dental Practice Management Software Market is expected to grow at a rate of 10% by 2026.  G rowing cases of oral diseases and dental disorders, the rising geriatric population, an increasing awareness on the importance of oral health, and rising government support for the adoption of Electronic Dental Records(EDRs) are some of the key factors driving the dental practice management software market growth. Dental practice management software is a class of software solution that helps dentists and healthcare professionals to supervise their day-to-day activities/operations. Key features of the software are online appointment bookings, accounting & report generation, e-billing, insurance claiming, periodontal charting, treatment planning, patient charting, e-prescription facilities & dental imaging, and patient communication. The software can also be integrated with X-ray sensors, intraoral cameras, imaging equipment, and other dentistry devices to kee...

  The Global Dermal Fillers Market valued at $2.8 billion in 2021, is set to witness a healthy growth rate of 10% by 2026.  ‘Covid-19-Zoom-Boom Effect’, an increasing influence of social media in promoting non-surgical aesthetic procedures, growing focus on physical appearance, rising cultural acceptance & fading social stigma on cosmetic procedures, increasing demand from younger population and men, rise in the number of clinics offering non-surgical aesthetic services, expanding geriatric population & awareness on anti-aging cosmetic procedures are some of the key factors driving the dermal fillers market growth. Dermal fillers are gel-like substances that are injected below the skin to restore lost volume, smooth lines and soften creases, and enhance facial contours. Millions of men and women opt for this facial rejuvenation treatment to look younger without surgery & downtime. Key drivers fueling its adoption are cost-effectiveness, more affordable, near-imm...

  The Global Hyperbaric Oxygen Therapy Devices Market is expected to grow at a rate of 6.5% by 2026. Growing number of acute and chronic infections, adoption of HBOT in cosmetic procedures and wound healing, growing demand for HBOT in skin rejuvenation & treatment, and growing technological advancements are some of the key factors driving the market’s growth. Hyperbaric oxygen therapy is a non-invasive technique that is used to increase the rate of healing of damaged tissues. This technique utilizes chambers to provide an optimum level of pure oxygen to the tissues in the human body under high atmospheric pressure. In this treatment, the air pressure is increased two to three times higher than the normal air pressure. Thus, the oxygen-carrying blood helps to fight bacteria and other unwanted hosts in the body by promoting healing. Hyperbaric oxygen therapy is used to treat wounds as a result of radiation, air bubbles in blood vessels, and many other serious infections like d...

  The Global Hospital Capacity Management Solutions Market is set to witness an healthy growth rate of 18% in the next 5 years.  Growing burden of diseases, a corresponding rise in patient volumes, the need for better capacity management in hospitals, adoption fueled by benefits offered by hospital capacity management solutions, the introduction of IoT-enabled devices and technologically advanced solutions, Covid-19, and need to reduce growing healthcare costs are some of the key factors driving the market’s growth. However, concerns related to data security and privacy is likely to impact the growth of the global market. Over the years, there has been an exponential rise in the number of patients and number of diseases globally, which has placed a huge burden on the healthcare sector. To offer better care, curtail escalating healthcare costs and deliver an incomparable patient experience, several hospitals are either deploying hospital capacity management solutions or seek...

  The Global Vaccine Storage Equipment Market is expected to grow at a rate of 8-10% by 2026.  Rising number of infectious diseases and immunological disorders, large-scale implementation of vaccination programs by global health agencies, technological advancements in vaccine storage equipment, rising R&D expenditure in biotechnological industries for vaccine research & storage, and rising government focus on immunization programs are some of the key factors driving the market’s growth. Vaccines are sensitive biological substances that can lose their potency and effectiveness if they are exposed to temperatures outside the appropriate range, or when exposed to light. Therefore, to maintain the quality of vaccines they should be continuously kept within their determined temperature range from production to intended use. Vaccine storage equipment (such as refrigerators and freezers) plays a very important role in protecting individuals and communities from vaccine-pre...