TechSci Market Research

According to the World Health Organization statistics, currently approx.  463 million  people are living with diabetes throughout the world. The number is set to rise to some  700 million  by 2045. Diabetes is one of the leading causes of death globally, accounting for more than  79,000  deaths annually. The growing prevalence of diabetes worldwide due to poor lifestyle, inadequate physical activity, stress, obesity, smoking, and other factors are increasing the need for new diagnostic tools and treatments to keep the insulin levels in check. Monitoring blood sugar levels is an integral part of diabetes management. With the increasing incidences of diabetes, many biotech companies are coming up with innovations for patients to check their insulin and take necessary steps conveniently. Blood Sugar Lancing Device Despite significant technological advancements, fingerpick blood sugar tests remain the no.1 choice for people who have diabetes. The lancing device...

Growing children population and rising awareness related to benefits of toys on children’s cognitive development are major factors propelling the global toys market. According to TechSci Research report,  “Global  Toys Market , By Product  Type (Outdoors and Sports Games, Dolls, Construction Toys, Games & Puzzles, Vehicles, Soft Toys, Others (Action Figures & Accessories, Arts & Crafts, etc.)), By Distribution Channel (Supermarket/Hypermarket,   Specialty Store, Online, Others (Stationery Stores, Gift Shops, Kiosk etc.)), By Region, Competition Forecast & Opportunities, 2026”,  the global toys market was valued at USD92.69 billion in 2020 and is expected to reach USD118.65 billion by 2026F with a CAGR of 4.47% during the forecast period. Toys are more than just fun and games for kids as they also provide an opportunity to learn. There are several advantages of playing with toys as they are best known to boost child’s IQ level by better memory ret...

Need to improve healthcare infrastructure  coupled with the demand for adoption of modern healthcare technologies to drive the growth of global telemedicine market . According to TechSci Research report,  Global  Telemedicine Market  By Component (Software & Services, Hardware), By Deployment Mode (Cloud v/s On- Premise), By Type (Tele-Hospitals, mHealth, Tele-Homes), By Technology (Store & Forward, Real Time, Others), By Delivery Mode (Audio-Visual, Only Audio, Written), By Application (Telepsychiatry, General Consultations, Teleradiology Telepathology, Others), By End Users (Patients, Providers, Payers), By Region, Competition, Forecast & Opportunities, 2026,  the global telemedicine market is expected to grow significantly at a CAGR of 18.83% during the forecast period, to reach USD177.99 billion by 2026 from an estimated USD75.12 billion in 2021 on account of the increasing technological advancements and adoption of new technologies in the health...

Growth in awareness related to general health concerns is expected to drive the growth of global over the counter (OTC)  drugs market. According to TechSci Research report,  “ Global  Over the Counter (OTC) Drugs Market  By Product (Cough, Cold & Flu, Vitamins, Mineral, & Supplements (VMS), Analgesics, Gastrointestinal Products, Dermatology Products, Others), By Route of Administration (Oral, Parenteral, Topical, Others), By Dosage Form (Tablets, Capsules, Liquids & Solutions, Cream/Lotion/Ointments, Others), By Distribution Channel (Retail Pharmacy, Hospital Pharmacy, E-Pharmacy), By Region, Competition, Forecast & Opportunities, 2026 ” , Global Over the Counter (OTC) drugs market stood at USD154.01 billion in 2020 and is expected to grow at a CAGR of around 9.86% during the forecast period. This can be ascribed to the growing prevalence of various chronic diseases such as diabetes, cancer, cardiovascular diseases, renal disorders, among others. This...