Life Sciences Domain: Analyzing the Top 10 Published Studies in the Sector for 2024

The life sciences domain has witnessed major growth in 2024 due to advancements in biotechnology and medical sciences. Furthermore, heavy investments in R&D activities related to drug discovery and pharmaceutical manufacturing have helped the sector flourish in 2024. Recently, Allied Market Research has published an extensive report on the top 10 published studies in 2024. This newsletter features the best-performing markets in the domain that have assisted in the expansion of the sector. AMR has identified these ten industries based on scientific analytical tools such as Porter’s five forces and SWOT analysis to help companies make the right investment decisions.

Australia and New Zealand Fetal Bovine Serum Market

The AMR report on the Australia and New Zealand fetal bovine market offers a comprehensive coverage of the growth drivers and investment opportunities in the landscape. Along with this, the competitive scenario provided in the study aids new entrants in chalking out their expansion plans in the long run.

The Australia and New Zealand fetal bovine serum market accounted for $26.18 million in 2023 and is expected to gather a revenue of $31.94 million by 2027, rising at a CAGR of 5.1% during 2024-2027. Fetal bovine serum (FBS) is widely used in the biopharmaceutical industry, vaccine development activities, and cancer research due to the high content of proteins, growth factors, and other hormones. The increasing focus on biotechnology by various universities, colleges, and research institutes in Australia and New Zealand has increased the revenue share of the industry.

Indwelling Catheters Market

The report on the indwelling catheters market classifies the landscape into various segments based on product, coating type, material, and application. The main aim of this exercise is to help companies develop a complete understanding of the industry so that they focus on the key investment areas in the market.

The AMR report on the indwelling catheters market highlights that the industry is anticipated to gather a revenue of $4 billion by 2035, citing a CAGR of 8.8% during 2024-2035. Indwelling catheters are flexible tubes inserted into the bladder through the urethra to drain urine. The overall growth in the prevalence of diabetes, cardiovascular diseases, neurological disorders, etc., has led to a surge in demand for these medical devices, thus creating new avenues for growth in the industry.

Radiopharmaceuticals Market

The AMR report on the radiopharmaceuticals market provides an in-depth regional analysis, examining the industry's performance across various provinces in Asia-Pacific, LAMEA, Europe, and North America. The socioeconomic and cultural factors impacting the industry in these regions are covered thoroughly to help businesses make the right investment decisions.

As per the AMR report, the radiopharmaceuticals industry is expected to grow at a CAGR of 10.6% during 2024-2033. The increased adoption of advanced medical imaging technologies such as positron emission tomography (PET) and single photon emission computed tomography (SPECT) has created favorable conditions for growth in the landscape. Additionally, the growing investments in nuclear medicine units have impacted the market positively.

Brazil Medical Aesthetic Devices Market

The report on the Brazil medical aesthetic devices market profiles some of the leading companies in the industry and provides insights into the strategies adopted by them to gain a competitive lead over their peers. The primary aim of the exercise is to aid businesses in focusing on the key investment areas, thereby helping them enhance their brand value in the long run.

The AMR study on the Brazil medical aesthetic devices market states that the industry accounted for $1,120.23 million in 2023 and is expected to gather a revenue of $3,678.72 million by 2035, registering a CAGR of 10.4% during 2024-2035. In the last few years, Brazil has emerged as a top medical tourism sport with many medical institutions in the country offering various types of cosmetic surgeries, skin treatments, and other non-invasive aesthetic enhancements. Along with this, technological advancements in the landscape have maximized the revenue share of the market in the country.

Human Fibrinogen Concentrate Market

The human fibrinogen concentrate market report classifies the landscape into various segments on the lines of indication, end user, and form. The growth drivers, investment opportunities, and market restraints are offered for each of these segments to help enterprises develop a complete understanding of the industry.

The AMR report on the human fibrinogen concentrate market further highlights that the industry witnessed significant growth in 2024 due to the growing prevalence of chronic heart diseases and dental conditions across the globe. Additionally, the overall increase in the proportion of the geriatric population has further opened new avenues for growth in the industry. As a result of these factors, the landscape is anticipated to amass a sum of $2.9 billion by 2035, rising at a CAGR of 11% during 2024-2035.

Vitrectomy Devices Market

The AMR study on the vitrectomy devices market throws light on the latest developments and advancements in the industry to help businesses stay ahead of their peers. The strategic alliances in the form of mergers, acquisitions, partnerships, and collaborations are also covered in detail to assist new entrants in understanding how multinational giants expand their businesses globally.

The vitrectomy devices market accounted for $1.1 billion in 2023 and is anticipated to gather a revenue of $1.7 billion by 2032, growing at a CAGR of 5.1% from 2024 to 2032. The rising prevalence of retinal disorders such as cataracts, age-related macular degeneration, diabetic retinopathy, refractive error, etc., has generated new investment opportunities in the sector. Additionally, technological advancements in the field of optical coherence tomography and enhanced visualization techniques have accelerated the industry’s growth rate.

Ophthalmic Knives Market

The AMR report on the ophthalmic knives market offers actionable data and market intelligence on various aspects of the industry. The latest product launches and innovations in the industry are also covered comprehensively to help companies formulate their growth strategies in the long run. Moreover, the competitive scenario in the landscape is also analyzed to aid businesses in aligning their operations with the evolving dynamics of the industry.

The ophthalmic knives market report also highlights that the increasing adoption of minimally invasive surgeries has expanded the scope of the industry. The landscape, which accounted for $385.70 million in 2023, is expected to gather a revenue of $565.88 million by 2032, rising at a CAGR of 4.3% during 2024-2032. The market has made significant gains in 2024 due to the overall surge in cataract surgeries which has led to growth in demand for ophthalmic knives.

Surgical Sutures Market

The report on the surgical sutures market places a special emphasis on the leading administrative, demographic, political, socioeconomic, and cultural factors influencing the industry in various regions including North America, Asia-Pacific, Europe, and LAMEA. The comprehensive regional analysis presented in the report enables businesses to chalk out customer-centric policies and enhance their brand value in the long run.

The study further elaborates that the industry accounted for $4.9 billion in 2023 and is anticipated to rise at a CAGR of 6.8% during 2024-2032. A huge growth in the number of plastic surgeries and neurosurgeries has increased the demand for sutures, thus boosting the revenue share of the landscape. Additionally, the increasing proportion of the geriatric population across the world has created favorable conditions for the growth of the industry.

Asia-Pacific Stroke Management Market

The Asia-Pacific stroke management market report by AMR covers the dynamics, latest developments, and competitive scenarios in the industry holistically. Furthermore, the major stakeholders operating in the industry and the expansion strategies are discussed in detail. The main aim of this endeavor is to assist businesses in capitalizing on the opportunities offered by the upcoming trends in the industry.

The study states that the increasing awareness regarding the importance of early treatment for chronic disorders like strokes has improved the growth rate of the industry in 2024. Additionally, technological advancements and innovations in diagnostic imaging and non-invasive surgical techniques have impacted the landscape positively. Moreover, the growth adoption of telemedicine and digital health technologies for patient monitoring and consultation services has helped the industry flourish in 2024.

Enteral Feeding Devices Market

The enteral feeding devices market held a revenue share of $4.5 billion in 2023 and is predicted to amass a sum of $9.8 billion by 2035. The AMR report offers a detailed segmental analysis of the industry on the lines of product, age group, application, and end user. Each of these segments is analyzed thoroughly with a view to helping businesses develop a complete understanding of the industry. The latest developments and industry updates provided in the study aid enterprises in making changes to their operational workflows to adjust to the evolving market scenario.

According to the report, the rising prevalence of chronic disorders such as diabetes, cancer, neurological disorders, etc., has led to a growth in demand for enteral feeding devices, thus accelerating the industry’s growth and success. Moreover, the increased rate of obesity across the globe and the shift toward a sedentary way of living have further expanded the scope of the industry in 2024.

In essence

The year 2024 has been quite successful and dynamic for the life sciences domain. The increasing integration of advanced technologies and the growing prevalence of chronic ailments has augmented the growth rate of various industries. The newsletter on the top 10 published studies aims to throw light on all such trends and markets that have played a role in the expansion of the sector and are expected to influence the landscape in the coming period.

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