Medi-Tech Insights

The air ambulance services market growth is mainly driven by the growing number of chronic illnesses, surge in the number of road accidents, growing elderly population and technological innovations associated with air ambulance services.

Rising African population and an increasing urbanization, a growing number of chronic diseases and significant healthcare spending are some of the prime factors driving the growth of the African pharmaceutical market.

The major factors driving the growth of the GCC Digital Health Market are favorable funding for healthcare IT & digital transformation in KSA and UAE, growing demand for digital-health solutions & rising application of AI, IoT and 5G in healthcare.

Growing aging population, staffing churn in geriatric care, technological innovations and developments in wearables and rising government initiatives in this segment are some of the major factors driving the growth of long-term care software market.

Demand for personalized medicine, reduced costs of genetic-based CDx tests, growing cases of drug reactions & its side effects and an increasing demand for next-generation sequencing are the key factors driving the companion diagnostics market.

Rising elderly population with osteoarthritis and ligament injury, recent advancements in prosthetics, growing cases of sports injuries & osteosarcoma, demand for user-friendly prosthetics are driving the growth of prosthetics and orthotics market.

Growing aging population with bone density issues and middle-aged bone diseases, an increasing demand for advanced orthopedic implants to treat musculoskeletal, orthopedic diseases & injuries are driving the growth of the orthopedic implants market.

Demand for minimally invasive spinal surgeries, rising volume of spinal surgery procedures, technological advancements and growing age-related spinal deformities are the major factors driving the growth of the global spine surgery devices market.

Growing overweight and obese population, adoption of sedentary lifestyle, rapid investments in R&D by market players, recognition of weight management programs & rising disposable income in developing economies are driving the obesity drugs market.

Growth of chronic and traumatic wounds, advantages over traditional products, adoption of advanced wound care products and an increased life expectancy of patients suffering from these medical conditions are driving the advanced wound care market.