The global pharmaceutical equipment market is expected to grow at the CAGR of 12.5% during 2015-2022. The major factors driving the market are increasing pharmaceutical industries combined with technological advancement. The demand for medicine is rising rapidly resulting in expansion of pharmaceutical industries. Technological advancement and innovation is the another factor affecting market largely. Key players are adopting the technological innovation as the key strategy to sustain the competitive market.

The global botanical and plant derived drug market is expected to grow at the CAGR of 6.8% during 2015-2022. Botanical and plant derived drug market has wide applications in medical field. Rising prevalence of chronic diseases has made a significant impact in the growth of botanical and plant derived drug market.

The global medical plastics market is expected to grow significantly during the forecast period. The growing usage of prosthetics and the need for a longer shelf life medical devices are the main reasons for the growth in the industry. Plastics are extensive used in healthcare industry owing to attached advantages such as impermeable, non magnetic, sustainable, easily manufactured and durable.

This report on global molecular diagnostics market studies various products, applications and technologies used in the field of molecular diagnostics. Increasing number of patients suffering with chronic illnesses requiring prompt diagnosis, rising demand for personalized medication, advent of pharmacogenomics and government initiatives in promoting public health and welfare will propel the molecular diagnostics market.

Global ophthalmic devices market is expected to grow at the CAGR of 6.5% during 2015-2022 and it is estimated to be $34.7billion by 2022. The ophthalmic devices market is majorly driven by the technological developments and rise in elderly population, globally. Changing geographical trends and demographics are also driving the market. Recent advancement in surgical devices have created huge scope in the market.

The market is driven by increasing prevalence of cancer. There is constant need for high quality diagnostic and therapeutic processes. However, such unmet patient needs has forced the companies and governments to work in order to provide better services. Population aging is a major influence on patterns of health care spending in both developed and developing countries.

The Global Disposable Medical Device Sensors Market is expected to grow at the CAGR of 11% during 2015-2022 and it estimated to be $7.5 billion by 2022. The Global Disposable Medical Device Sensors Market is majorly driven by the growing prevalence of diabetes and other life style oriented diseases and government support for research and development is driving the market.

High rate of global chronic disease, increasing demand of fast and accurate test result, automation of pathology result systems and supportive government policies are the key driving factors for the digital pathology market over the forecasted period. The digitalization of conventional pathology lab is refer as digital pathology. Increasing demand of novel treatments solutions, low cost laboratory expenses and better patient care are the factors for digital pathology market high growth.

The Global clinical laboratory services market is expected to grow at the CAGR of 6% during 2015-2022 and it estimated to be $250 billion by 2022. The Global clinical laboratory services market is majorly driven by technological advancement and rise in medical diagnostics. Huge investment in Global clinical laboratory services market is expected to boost the market in next few years.

The most important factor in the growth of global microscopy market is the advancements in the industry. Systematic and immense research has resulted in improvements in technology. With nanotechnology gaining great importance in the field of healthcare, it has acted as a significant factor in the market growth of microscopy.

The factors driving the ECG equipments are increase in number of patients suffering from cardiovascular diseases, Also increase of geriatric population has increased in the importance of regular monitoring. According to WHO, cardiovascular diseases caused 17.5 million deaths in 2012 which was about 31% of the world’s total deaths occurred in that year.

The main factors driving the market are increasing ageing population and also the increasing prevalence of health related issues such as cardiovascular disorders, neurological diseases and musculoskeletal problems etc. are making the market even bigger.

The global ENT (Ear, Nose, and Throat) is expected to grow at a CAGR of 6.8% during 2015-2022 and is estimated to be approximately $14.3 billion at the end of the forecasted period i.e. by 2022. The global ENT devices market is driven by many factors such as growing adoption across several sectors such as home use, hospitals, Ambulatory settings and ENT clinics.

The Global Capsule Endoscopy market is expected to grow at the CAGR of 6.3% during 2015-2022 and it estimated to be $36.82 billion by 2022. The Global Capsule Endoscopy market is majorly driven by various factors such as rising investments by government bodies worldwide, rising number of hospitals, and growing hospital investments. In addition to that, growing patient preference for minimally invasive surgeries, technological advancements, favorable reimbursement coverage in selected countries, rising geriatric population, and the rising prevalence of target diseases that require endoscopy procedures have contributed to market growth.