Industry Insights

  A research study conducted by Global Market Insights, Inc., suggests that Cancer Diagnostics Market is likely to exceed the $170 billion mark by 2025, in terms of revenue. Growing awareness regarding early disease diagnosis coupled with increasing number of diagnostic and research laboratories will drive cancer diagnostics market demand over the forthcoming time period. Evolving healthcare infrastructure of developing countries, rising awareness about cancer, and increasing healthcare spending will further influence the market growth positively. With growing prevalence of cancer cases across the globe, key industry players are increasingly focusing on consolidating their position in the market through several tried-and-tested methods. Citing an instance, on 29 th June 2020, BioCare Medical, a renowned provider of automated, innovative, immunohistochemistry (IHC) instrumentation and reagents, reportedly announced a collaborative partnership with Bethyl Laboratories for developing ta

  A research study conducted by Global Market Insights, Inc., suggests that Pet Care market is likely to exceed the $327.7 billion mark by 2026, in terms of revenue. The pet care industry is poised to accumulate noteworthy gains in the coming years owing to the increasing awareness regarding pet health, rising adoption of pets, and growing demand for pet care products. Rising cost of veterinary care has rapidly increased the demand for pet insurance. On the geographical front, in 2018, Australia pet care market was valued at approximately $12.8 billion and is likely to grow at an impressive CAGR of around 4.0% over the forecast time period. A rise in pet adoption rates in the region will play a key role in stimulating the market growth. As per a recent survey, presently there are approximately 5 million households throughout Australia that have pets. In fact, over 63% of the overall Australian households have approximately 25 million pets. Request for a sample copy of this report @ ht