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The global Telemedicine Equipment Market, valued at over USD 3.5 billion in 2021, is projected to grow at a CAGR of 17.3%, surpassing USD 10 billion by 2031. Key drivers include technological advancements, rising demand for radiological services, and increased government investment in healthcare IT. Major players are focusing on innovation to enhance digital diagnostics and expand telehealth accessibility.
Laboratory Information Systems (LIS) are becoming essential in the evolving healthcare landscape, driven by regulatory compliance and the demand for digital tools. However, high implementation costs and privacy concerns hinder market growth, particularly in emerging economies. Competitive dynamics are marked by strategic partnerships and acquisitions among key players, with recent developments enhancing capabilities in data-driven solutions.
In 2024, the medical display market is projected to reach USD 2.6 billion, while the veterinary telemedicine market is expected to grow to USD 145 million, with a significant CAGR of 17.8% by 2034. The cardiology information system market is forecasted at USD 1.3 billion, rising at a CAGR of 9.7% over the same period. The competitive landscape in the biopsy device market features key players like B. Braun Melsungen AG and Becton, Dickinson and Company, focusing on strategic initiatives to enhance their market positions.
The medical telepresence robot market is projected to grow from USD 70.5 million in 2024 to USD 110.5 million by 2034, with a CAGR of 4.4%. North America leads due to advanced healthcare infrastructure and telemedicine use, while technological innovations enhance robot functionality and patient engagement. Key players are collaborating to improve capabilities and secure government contracts, reflecting a strong focus on innovation and expanding applications in global healthcare systems.
In January 2023, a significant acquisition occurred as Verinata Health, Inc. was purchased for $1.9 billion. The market for preterm birth diagnostic kits features key players like Qiagen and Hologic Inc., with products including ffN and PAMG-1 tests, serving hospitals and diagnostic labs across various global regions. The preterm birth prevention market is projected to grow from $1.70 billion in 2024 to over $4.49 billion by 2034, reflecting a robust CAGR of 10.2%.
Future Market Insights (FMI) boasts a team of over 400 analysts providing expertise across 110 countries. The ophthalmic lasers industry is segmented by product, application, and end user, with significant growth projected in various ophthalmic markets, including lasers, eye drops, and surgical devices, over the next decade. Sabyasachi Ghosh, an expert in healthcare market strategies, leads research efforts to address client challenges and enhance decision-making capabilities.
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The information provided herein is generated by experimental artificial intelligence and is for informational purposes only.
telemedicine equipment market projected to exceed 10 billion by 2031
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Sabyasachi Ghosh
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14:17 03.12.2024
laboratory information systems market poised for growth amid technological advancements
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Orchard Software Corporation
McKesson Corporation
CompuGroup Medical SE & Co. KGaA
LabVantage Solutions, Inc.
Sequoia
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04:00 03.12.2024
growth trends and market forecasts in medical and veterinary sectors through 2034
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B. Braun Melsungen AG
Becton, Dickinson and Company
Hologic Inc
Argon Médical Inc.
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01:30 03.12.2024
telepresence robots revolutionizing remote healthcare with innovative technology and partnerships
11:34 02.12.2024
global healthcare market trends forecast significant growth through 2034
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Illumina, Inc.
Bio-Rad Laboratories, Inc.
Nanjing Liming Biological Preparations Co., Ltd.
Qiagen N.V.
Hologic, Inc.
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Bio-Rad Laboratories
Invitae
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Illumina Inc.
Natera Inc.
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15:31 13.11.2024
global ophthalmic lasers market projected to reach 2.41 billion by 2032
15:31 21.10.2024
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