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Showing posts from September, 2022

Smart Lab Market is estimated to be US$ 6.84 billion by 2030 with a CAGR of 5.30% during the forecast period

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  Smart Lab Market accounted for US$ 4.1 billion in 2020 and is estimated to be US$ 6.84 billion by 2030 and is anticipated to register a CAGR of 5.30%. Smart Lab uses technology to automate or replace manual procedures and equipment manipulation. The degree of automation in a lab is determined by the workflow. The widespread use of automated instruments is most commonly seen at academic and research institutes in order to increase production and save time spent on different monotonous chores. Furthermore, the usage of automated tools by pharmaceutical companies' drug development departments is expected to significantly automate research phases, boosting market growth. The medical laboratory area has been altered by laboratory automation, which has steadily replaced semi-automatic and manual processes with completely automated equipment. The report   "   Global Smart Lab Market, By Product (Robotic Arm, Microplate Readers, Workstation, LIMS, ELN), By Application (Drug Dis

Medical Cannabis Market is estimated to be US$ 45587.48 million by 2030 with a CAGR of 23.5% during the forecast period

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  Medical Cannabis  also know as Medical Marijuana, which is used to treat disease or decrease their symptoms. Delta-9-tetrahydrocannabinol (THC) and Cannabidiol (CBD) are used for treatment of certain health condition and also used for pain management, concentration, appetite, blood pressure, sensory stimulus, and seizures. In 2018 Australia legalized the cannabis and now many countries are following the same trend, which is expected to foster the medical cannabis market. Further, increasing approvals for medical cannabis and increasing research on cannabis also support the growth of market. Region Analysis: North America is expected to dominate the global Medical Cannabis market, throughout the forecast period, due increasing cannabis legalization in U.S. and 37 states and the District of Columbia have legally permitted the use of cannabis for therapeutics purposes. Further, the government of the U.S. in May 2021, for first time in more than 50 years has approved new growers of

Soft Tissue Market is estimated to be US$ 7.9 billion by 2030 with a CAGR of 7.3% during the forecast period

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  Soft Tissue  comprises of muscles, ligaments, tendons, fibrous tissue, synovial membranes, skin, nerves and others which protect organs, enable movement and support bones in the body. Injury to the soft tissues can cause severe pain and also may stop the movement of the bones, which if left untreated can lead to chronic pain. The factors influencing soft tissue repair market growth are the growing number of patients suffering from sports-related injuries. Sprains, strains, contusions, tendinitis, and bursitis are some common injuries. Further, according to a United Nations report in 2015, the population of people aged 60 years and above is projected to grow by 56% and is expected to reach 1.4 billion by 2030. This in turn is expected to bolster the patient pool for joint replacement and soft tissue repair surgeries and in turn propel revenue growth of the market over the forecast period. Region Analysis: North America is expected to dominate the marketplace and account for around

Virology Market is estimated to be US$ 4.89 billion by 2030 and is anticipated to register a CAGR of 9.9%.

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Virology   is study of viruses including submicroscopic, parasitic particles of genetic material contained in a protein coat, and virus-like agents. Virology is concentrated on distribution, biochemistry, physiology, ecology, evolution, molecular biology, and clinical aspects of viruses. Viruses are responsible for controlled or developed diseases. Viruses have beneficial properties that can be used in gene therapy or vaccinology. According to data published by Institute of Human Virology (IHV), IHV has a unique HIV/AIDS vaccine which is designed to neutralize many different strains of HIV found across the globe. Virology starts when there was no procedure for propagating or visualizing viruses or specific laboratory tests for viral infection. The methods for separating viral nucleic acids (RNA & DNA) and proteins, which are now the mainstay of virology, did not exist. Thousand of different viruses are now known about virologists often specialize in either the viruses that infect p