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Mortuary Equipment Market Benefits From Automation and Smart Solutions

  The global   mortuary equipment market   size was estimated at USD 1.11 billion in 2024 and is projected to reach USD 1.55 billion by 2030, expanding at a CAGR of 5.6% from 2025 to 2030. This growth is primarily driven by the rising death rates, which have resulted in a heightened demand for essential mortuary equipment such as body bags, refrigeration units, and autopsy tables. The increase in mortality rates has highlighted the urgent requirement for improved mortuary services and related equipment, thereby positioning the market for substantial expansion. According to the World Population Review 2023, the population of individuals aged 65 and above in Least Developed Countries (LDCs) is expected to grow at a significantly faster pace than in Other Developing Countries (ODCs). Between 2023 and 2050, the older adult population in LDCs is projected to nearly triple, while ODCs will experience more than a twofold increase in the same timeframe. This demographic shift is ...
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Military Wearable Medical Devices Market Boosted by Battlefield Safety Focus

  The global   military wearable medical devices market   size was estimated at USD 7.45 billion in 2023 and is projected to reach USD 38.77 billion by 2030, growing at a CAGR of 26.3% from 2024 to 2030. A key factor driving this market is the increasing investment in research and development of advanced military technologies focused on soldier safety and health monitoring. The market growth is further supported by the growing dependence on real-time physiological data collection, such as heart rate, blood pressure, oxygen saturation, and body temperature. These vital signs are critical for assessing a soldier's physical condition and ensuring immediate medical intervention during field missions. Rising global conflicts have escalated the demand for military wearable medical devices that enable health tracking for soldiers deployed in various terrains. These devices are typically compact, lightweight, and integrated with wireless cloud connectivity, reducing the physical ...
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Middle East And Africa Diabetes Care Devices Market Rises With Aging Population

  The   Middle East & Africa (MEA) diabetes care devices market   was valued at USD 1.03 billion in 2023 and is anticipated to grow at a CAGR of 8.20% from 2024 to 2030. This growth is largely attributed to the increasing prevalence of diabetes across the region, influenced by evolving lifestyles and associated health issues. Diabetic patients must consistently monitor and manage their blood glucose levels, requiring routine use of insulin or carbohydrate intake adjustments. As diabetes becomes a mounting healthcare concern, the demand for effective diabetes management tools continues to grow. According to the International Diabetes Federation (IDF) MENA Region, in 2021, approximately 73 million people aged 20–79 were living with diabetes, a number expected to rise to 95 million by 2030. Additionally, 48 million individuals in the region had impaired glucose tolerance, increasing their risk of developing type 2 diabetes. Diabetes-related fatalities reached 796,000, an...
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U.S. Interventional Oncology Market Boosted by Aging Population

  The   U.S. interventional oncology market   size was estimated at USD 998.4 million in 2024 and is projected to reach USD 1,597 million by 2030, expanding at a CAGR of 8.17% from 2025 to 2030. This market growth is primarily driven by the increasing prevalence of cancer, continuous technological advancements in minimally invasive treatments, expanding investments in interventional oncology, and the aging population across the U.S. A major contributing factor is the rising incidence of cancer in the country. According to the American Cancer Society, approximately 2,041,910 new cancer cases are expected to be diagnosed in the U.S. in 2025, with 618,120 projected cancer-related deaths. As conventional therapies like chemotherapy and radiation often lead to significant side effects, minimally invasive techniques such as radiofrequency ablation and microwave ablation are becoming more popular. These procedures target tumors precisely while minimizing harm to surrounding tiss...
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U.S. AI in Oncology Market Sees Growth in Imaging and Pathology Solutions

  The   U.S. AI in oncology market   size was valued at USD 890.5 million in 2023 and is projected to reach USD 5.9 billion by 2030, expanding at a CAGR of 28.25% from 2024 to 2030. This significant growth is driven by the rising prevalence of cancer, continuous advancements in AI-powered diagnostic tools, improvements in healthcare infrastructure, and a growing demand for early and precise cancer detection. In addition, the increasing focus by public and private entities on research and development is accelerating innovation in the field. For example, in October 2022, Vara secured USD 4.4 million in funding to launch an AI-enabled breast cancer screening platform aimed at millions of women. According to 2023 data from the National Institutes of Health (NIH), approximately 2.0 million individuals in the U.S. are diagnosed with cancer each year. Breast cancer emerged as the most common diagnosis, with 297,790 cases among women and 2,800 among men. Prostate cancer followed ...
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HLA Typing Market Fueled by Growing Prevalence of Autoimmune Disorders

  The global   HLA typing market   was valued at USD 1,032.1 million in 2022 and is anticipated to reach USD 1.7 billion by 2030, growing at a compound annual growth rate (CAGR) of 6.7% from 2023 to 2030. This market growth is primarily driven by the increasing need for organ transplantation and the extensive application of human leukocyte antigen (HLA) testing in pharmacogenetics. HLA matching remains a critical method for evaluating tissue compatibility in transplantation. It is a mandatory procedure for all organ donors, whether the organs are from deceased individuals, relatives, or unrelated donors. Accurate HLA matching significantly reduces the risk of post-transplant complications. The demand for organ transplants has risen steadily over time. As reported by the Organ Procurement and Transplantation Network, 41,354 organ transplants were performed in the United States alone in 2021—a 5.9% increase compared to 2020. Kidney transplants were the most common, with 24,...
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Endoscope Sterilization Market Fueled by Stringent Regulatory Standards

  The global   endoscope sterilization market   size was estimated at USD 1.20 billion in 2024 and is projected to reach USD 2.09 billion by 2030, expanding at a CAGR of 9.64% from 2025 to 2030. This growth is primarily driven by the rising volume of surgical procedures performed annually, which contributes to an increased risk of healthcare-associated infections (HAIs) related to endoscope usage. According to data published by ASP International GmbH, the FDA received 450 medical device reports between January 2017 and February 2021 concerning patient infections or contamination linked to urological endoscopes in the U.S., including three fatalities caused by subsequent bacterial infections. In response, Karl Storz temporarily recalled over 24 models of urological endoscopes and emphasized using sterilization procedures outlined in the Instructions for Use, as chemical disinfection alone was deemed inadequate. These lapses in effective disinfection are expected to drive t...
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