Medi-Tech Insights

Growing cases of chronic diseases, growth in ANDA filings and approvals, channel consolidation & pricing pressure, portfolio rationalization by MNCs, patent expiry of major drugs and foray of Indian players are driving the US branded generics market.

Demand for biologics and biosimilars, government fundings for life science technologies, adoption of advanced life science technologies & focus on food testing and environmental health are driving the growth of life science tools and services market.

Shift to minimally-invasive procedures; growing cases of bladder cancer, kidney stones; technological advancements and investments in research activities for new product development by market players are driving the urology and pelvic health market.

Rising cases of sports injuries, growing demand for minimally invasive surgeries, advancements in regenerative medicine and awareness on physical fitness and sports education are the key factors driving the growth of the sports medicine market.

Growing awareness on spinal muscular atrophy (SMA) diagnosis and treatment, growing R&D activities to develop novel therapies & treatments for SMA are some of the major factors driving the global spinal muscular atrophy treatment market.

Growing occurrence of cardiovascular diseases, growing population prone to CVDs, development of medically advanced products and adoption of sedentary lifestyle among general population are driving the cardiac rhythm management devices market.

Growing prevalence of osteoporosis incidence and vitamin D deficiency, rising geriatric population, technological advancements in bone densitometry, rising incidents of fragility fracture are the key factors driving the bone densitometer market.

Rising prevalence of dental problems, rise in incidence of malocclusions cases, adoption of clear aligners across all ages & high demand for customized clear aligners for orthodontic treatment are the key factors driving the clear aligner market.

Awareness on ostomy care products, rising prevalence of colorectal, bowel, and bladder cancer, rising demand for technologically advanced ostomy products, and growing prevalence of inflammatory bowel diseases are driving the ostomy devices market.

High adoption of point-of-care diagnostics, availability of advanced rapid testing devices, growing prevalence of infectious & other chronic diseases and growing geriatric population are the key factors driving the rapid diagnostic tests market.