The anaplastic lymphoma kinase (ALK) inhibitors market is set to reach from US$ 1,496.4 Mn in 2018 to 8,329.1 Mn by 2027 keen to demonstrate exuberating growth at a compounded annual growth rate (CAGR) of 21.2% during the forecast period from 2019 to 2027. Lung cancer is the second most occurring type of cancer in both men and women population worldwide. Increased consumption of tobacco, unhealthy lifestyle and stress are the major risk factor responsible for the occurrence of lung cancer. A strong drug pipeline of second and third-generation ALK inhibitors being currently studied in various stages of clinical trials are being developed specifically for the treatment of non small cell lung cancer (NSCLC).

The amniocentesis needles market is set to reach from US$ 156.4 Mn in 2018 to US$ 205.8 Mn by 2027 at a compound annual growth rate (CAGR) of 3.1% during the forecast period from 2019 to 2027. Amniocentesis is frequently performed in prenatal diagnosis to identify any chromosomal abnormalities, neural tube defect and fetal infections during pregnancy. Rising public health awareness and implementation of effective health guidelines pertaining to obstetrics and gynecology drive the amniocentesis needles market growth.

The global AI-based medical diagnostic tools market is increasing proficiently, expected to grow at a CAGR of 25.6%. Internationally, increasing prevalence of lifestyle diseases along with huge patient population has suggestively enhanced the growth of artificial intelligence in the healthcare industry. New FDA approvals of AI systems along with enhanced & integrated algorithms, and promising pipeline devices in the medical diagnostics industry are key factors driving the overall growth of AI-based medical diagnostic tools market globally.

Global lab automation market is expected to rise with a CAGR of 5% during the forecast period 2019-2026. Lab automation offers several advantages such as reduction in lab process cycle time, high efficiency, enhance the quality of experimental data etc. Lab automation has wide applications in automated analytical and  clinical testing, high-throughput screening, large scale biorepositories, combinatorial chemistry etc.

Diabetic footwear is a therapeutic footwear which is specifically designed and developed for diabetic patients. Market of diabetic footwear is expected to grow impressively, at a CAGR of 8% during 2019-2026. Diabetic footwear is designed to minimize the risk of skin problems in diabetic patients such as blisters, sores, and skin breaks. According to the latest estimates of the International Diabetes Association (IDF), there were 415 million people living with diabetics in the world, and by 2040 the number would reach 642 million.

The ultrasound image analysis software market is estimated to grow with a CAGR of around 9.1% during the forecast period 2019-2026. Rising prevalence of chronic diseases, technological advancements are some of the major factors that boost growth in the global market. High prevalence of chronic diseases such as cancer and diabetes is one of the major factors that contributes towards the growth of global market. According to American Society of Clinical Oncology (ASCO), the global cancer burden is expected to account for 13 million deaths per year by 2030. Similarly, according to International Diabetes Federation (IDF), 425 million individuals across the world have diabetes and this number is expected to rise to 629 million by 2045.

The global Neurodiagnostics market is anticipated to grow with a CAGR of around 7% during the forecast period (2019-2026). The major factors driving the global market are rising geriatric population, increasing adoption of novel diagnostic technologies, increasing prevalence of neurological diseases. In addition, increasing Patient Base in developing Economies, innovative product development is acting as the key growth opportunities of the global market. Moreover, there has been increasing prevalence of neurological diseases such as Alzheimer’s disease, migraine, Parkinson’s, epilepsy, stroke, multiple sclerosis, neurodegeneration etc. which has led to increased adoption of Neurodiagnostic technologies for diagnosis and treatment of neurological diseases.

Ventilator is a healthcare device that offers life support to patients while regulating the breathing of any patient during an operation. Ventilators are deployed in the state of genuine lung ailment or in different conditions which result in inappropriate working of respiratory framework. Ventilators help the patient to inhale effectively. Global ventilators market to grow at CAGR 7.90% during the forecast period 2019-2026. Factors such as growing occurrence of preterm births, are driving neonatal ventilators market across the globe.

A dental barrier membrane is a device employed in periodontal surgery and oral surgery to avoid epithelium, that restores relatively quickly, from rising into an area in which another, slowly rising tissue type, for instance bone, is desired. The global dental barrier membrane market is anticipated to grow with a CAGR of around 9% during the forecast period (2019-2026). The major driving factor of the market are growing incidences of dental caries & other periodontal diseases and upsurge in geriatric population.

Surgical mesh is a woven sheet that is employed as either a temporary or permanent provision for organs and other tissues throughout surgery. Surgical mesh is formed from both biological and inorganic materials and is deployed in a variety of surgeries. Surgical mesh has been employed for urogynaecology procedures, comprises of repair of stress urinary incontinence (SUI) and pelvic organ prolapse (POP). The three major surgical procedures performed to treat pelvic floor disorders with surgical mesh comprises with transabdominal mesh to treat POP, and Mesh sling to treat SUI and transvaginal mesh to treat POP.

A vaporizer is a device employed to release the therapeutic compounds or to release the active ingredients of plant material commonly cannabis. Vaporizing, as it spread over to medical marijuana, is the procedure of heating dried cannabis to a temperature just below its combustion point of around 392°F. The marijuana vaporizer market is anticipated to grow with a CAGR of 6% during the forecast period (2019-2026). The major driving factor of the market are legalization of marijuana in several countries and high demand for both recreational and medical purposes. For example, countries activate to liberalize laws associated to this drug, the market is anticipated to observe an upsurge in demand. Majority of the cannabis is sold through unlawful channels.

The global reprocessed medical devices market has beenprojected to grow at the CAGR of 20.3% market during 2016-2022. In 2014, the markethas generated the revenue of $1.14 billion and now it has been expected to reach up to $5 billion in terms of revenue by 2022.The significant pressure on hospitals and other healthcare settings to work under a limited budget and the long-term cost effectiveness associated with recovering are the important drivers of the overall industry.

The global intrapartum monitors market has been expected to grow at the CAGR of 8.1 % during 2016-2022 and also it has been expected to reach $9400 million in terms of revenuetill 2022.Fetal monitors or intrapartum monitors are used during pregnancy, labor and delivery to record the heart rate of the fetus along with duration and strength of uterus contractions. Furthermore fetal monitoring is use to identify certain conditions such as cerebral plasy, fetal, hypoxic ischemic encephalopathy or death. External and internal monitoring can be performed to record the heartbeat of the baby.

The global multi-infarct dementia market has been expected to grow at the CAGR of 12.7 % during 2016-2022 and it has been expected to reach $13400 million in terms of revenue by 2022.Growing prevalence of blockage and strokes in brain nerves is predictable to be major factor boosting the global multi infarct dementia market.The multi infarct dementia is a series of minor brain strokes which acts as a disruption in the flow of blood in the brain. It is also termed as vascular dementia (VaD).

The global hemostasis analyzers marketis expected to grow with a robust CAGR of 9.7 % during 2016-2022, and is estimated to have a market value of around $4,500 million by 2022.Increasing incidences of blood clotting diagnosis for patients mainly who are more prone to lose excess blood from body during surgeries is anticipated to drive the market growth for global hemostasis analyzer or coagulation testing market over the forecast period. Hemostasis analyzers are instruments supporting the medical practitioners for treating patients with blood clotting or bleeding disorder.

The global angiography market is expected to grow with a CAGR of 5.1%and the revenue is estimated to grow around $32,246.15 million during the forecast period of 2016-2022. Angiography is the X-ray imaging of blood vessels by utilizing contrast agents administered into the bloodstream with the use of thin plastic tube (catheter) which is positioned directly in the blood vessel. The images captured are known as angiograms. Angiography gives information about abnormalities of blood vessel such as abnormal widening, narrowing, blockage, bleeding, and inflammation by using a liquid contrast agent (known as contrast medium).

The global coronary artery bypass graft devices market is expected to grow at the CAGR of 6.4 % during 2016-2022. Coronary artery bypass graft (CABG) is the most common type of heart surgery that is performed to treat people suffering from severe coronary artery and angina heart disease. In coronary heart disease, plaque is formed inside the coronary artery that transmits oxygenated blood to myocardium. As the plaque gets harder over the time, which subsequently narrows down the artery causing reduced blood flow to heart leading to chest pain called angina.

The growing number of cases of chronic disordersand organ failures such as- liver, pancreas, lungs, kidney, and heart that requires the organs to be relocated, and a need of the organ transplantation is driving the global transplant diagnostic market. The advancements in technology are also driving the transplant diagnostic market. As the continuous innovations and technological advancements in HLA typing is helping the transplant diagnostic market to grow at rapid rate, and it is one of the key driver of the global transplant diagnostic market.

The global patient handling equipment market has been expected to grow at the CAGR of 22.9 % during 2016-2022 and is expected to reach $311.7 million till 2022. The need for shifting patient, making them move from one place to another and lifting them, are the major problem being faced by any hospitals, research center etc. and it is the main reason that patient handling equipment are being used widely.

The global medical imaging analysis software market was estimated to grow around $2143.7 million in 2015 and it is forecasted to reach around $3687.55 million at a CAGR of 8.45% during 2015-2022. The major factor driving theglobal medical imaging analysis software market is the rising number of chronic diseases in all over the world like cancer, cardiovascular diseases etc.