Market Overview

---

The global wound care market size was valued at USD 20.59 billion in 2021 and is projected to grow at a compound annual growth rate (CAGR) of 4.12% from 2022 to 2030. The demand for wound care products is increasing owing to the increasing number of surgical cases and the rising prevalence of chronic diseases across the globe. Furthermore, the increasing incidence of diabetes due to a sedentary lifestyle is one of the leading factors contributing to market growth. For instance, according to the American Diabetes Association, in 2018, an estimated 34.2 million people, i.e., 10.5% of the total U.S. population, had diabetes. Moreover, nearly 1.6 million U.S. residents had type 1 diabetes, which includes about 187,000 adolescents and children.   Learn More

You can access our wound care technology here.

The global market for Ultrasonic Scalpels, estimated at US$2.5 Billion in the year 2020, is projected to reach a revised size of US$3.7 Billion by 2026, growing at a CAGR of 6.3% over the analysis period. General Surgery, one of the segments analyzed in the report, is projected to grow at a 7.1% CAGR to reach US$1.4 billion by the end of the analysis period. After a thorough analysis of the business implications of the pandemic and its induced economic crisis, growth in the Urology & Gynecology segment is readjusted to a revised 6.4% CAGR for the next 7-year period. Learn More

You can access our orthopedic technology here.

The global infection control market size was estimated at USD 201.4 billion in 2021 and is expected to expand at a compound annual growth rate (CAGR) of 6.7% from 2022 to 2030. The market is predominantly driven by a growing number of surgical procedures that require high-intensity infection prevention. The high preference is presumed to be a consequence of positive clinical outcomes associated with the usage of infection control. The COVID-19 pandemic impacted market growth as the demand for sterilization and disinfection in hospitals and clinics, pharmaceutical, and medical device companies has increased.  Learn More

You can access our infection control technology here.

The global pain management devices market size was valued at USD 6.40 billion in 2021 and is expected to grow at a compound annual growth rate (CAGR) of 9.3% from 2022 to 2030. The increasing prevalence of chronic diseases is one of the key factors expected to contribute to the market growth over the forecast period. The growing prevalence of lifestyle disorders, such as obesity and diabetes, has increased the demand for muscle and nerve stimulators. The growing prevalence of trauma or hypertension is another major factor likely to drive the market growth. Hypertension significantly increases the risk of a brain aneurysm and other chronic diseases.  Learn More

You can access our pain management technology here.

The Vaccines Market size exceeded USD 138.7 billion in 2021 and will grow momentously at 5.6% CAGR during the forecast period. The increasing prevalence of viral infectious diseases is one of the major threats affecting a large population across the globe. The higher incidence rate of hepatitis and human papilloma virus that can lead to severe health conditions in case of improper diagnosis will drive the demand for preventive vaccination, thereby stimulating the global market growth.  Learn More

You can access our vaccine technology here.

Potable drinking water. The global bottled water market was valued at US$ 207.7 billion in 2020. Bottled water is meant for human consumption and sealed in food-grade bottles. The rising awareness regarding the ill effects of drinking contaminated water is driving the growth of the global bottled water market. The growing penetration of the food service industry, rising penetration of the organized retail sector, and demand for a healthy and active lifestyle are significantly propelling the growth of the global bottled water market. The rising urban population, increasing personal disposable income, improved living standards, and the development of eco-friendly bottle materials are crucial for the global bottled water market's growth. The rising government initiatives to promote the adoption of eco-friendly and sustainable packaging are expected to drive the demand for biodegradable bottled water. Learn More

You can access our water technology here.