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19 Jul 2018
Global Ambulatory Surgical Centers Market to Reach USD 97 Billion by 2024
The global ambulatory surgical centers (ASCs) market is estimated to have been valued at USD 77.1 billion in 2017 and is expected to grow at a CAGR of 3.5% to reach USD 97.3 billion by 2024, driven mainly by the growing number of surgeries performed in ASCs and increasing accidental cases. Some key advantages of using ASCs such as the personal attention received by patients and lack of exposure to a wide range of infections will also aid the market growth over the coming years.
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19 Jul 2018
Global Critical Care Diagnostics Market to Reach USD 1.3 Billion by 2024
The global critical care diagnostics (CCD) market is estimated to have been valued at USD 837.6 million in 2015 and is expected to reach USD 1.3 billion by 2024, driven by increasing awareness among physicians, patients’ requirements for cost-efficient, rapid, and accurate diagnostic tests, and technological advancements. However, the high costs of these tests and scarcity of skilled labor for handling new platforms pose a challenge to the market growth.
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Indian’s medical device market is the fourth largest in Asia and ranks among the top 20 in the world. Worth USD 3.2 billion, it is likely to be among the world's fastest growing markets over the next five years, due to India’s ageing population, rise in lifestyle diseases, growing affordability, expanding health insurance, and increasing private-public healthcare projects.
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