Regenerative Medicine Market | Increasing Prevalence of Chronic Diseases to Boost the Market Growth

The global regenerative medicine market size is poised to grow by USD 9.55 billion during 2020-2024, progressing at a CAGR of over 20% throughout the forecast period, according to the latest report by Technavio. The report offers an up-to-date analysis regarding the current market scenario, latest trends and drivers, and the overall market environment. The report also provides the market impact and new opportunities created due to the COVID-19 pandemic. Download a Free Sample of REPORT with COVID-19 Crisis and Recovery Analysis.

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Technavio has announced its latest market research report titled Global Regenerative Medicine Market 2020-2024 (Graphic: Business Wire)

The increasing prevalence of various chronic diseases is one of the primary factors which will drive regenerative medicine market growth during the forecast period. The incidence of many musculoskeletal disorders and bone injuries such as arthritis, osteoporosis, and severe limb trauma injuries requiring hospitalization is also increasing. Regenerative medicine opens the possibility of overcoming previously untreatable diseases using new treatment methods like processed cells for reconstructing tissues. It has the unique capability of altering the fundamental mechanisms of disease and also helps in reducing healthcare costs by eliminating the need for long-term hospitalization or drug regimes. This is leading to the increased adoption of regenerative medicine for the treatment of chronic diseases.

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Report Highlights:

  • The major regenerative medicine market growth came from the cell and tissue-based segment. Cell therapy is used to administer living cells into an individual’s body to restore the functioning of the diseased or damaged body organ. This therapy uses somatic cells and stem cells, such as embryonic stem cells, progenitor cells, hematopoietic stem cells, and mesenchymal stem cells.

  • North America had the largest regenerative medicine market in 2019, and the region will offer several growth opportunities to market vendors during the forecast period. The increasing prevalence of chronic and acute diseases, the rapidly rising aging population, and high awareness about regenerative therapies will significantly influence regenerative medicine market growth in this region.

  • The global regenerative medicine market is fragmented. Allergan Plc, Amgen Inc., Hitachi Chemical Co. Ltd., Integra LifeSciences Holdings Corp., Medtronic Plc, MiMedx Group Inc., Organogenesis Holdings Inc., Smith & Nephew Plc, Takeda Pharmaceutical Co. Ltd., and Zimmer Biomet Holdings Inc. are some of the major market participants. To help clients improve their market position, this regenerative medicine market forecast report provides a detailed analysis of the market leaders.

  • As the business impact of COVID-19 spreads, the global regenerative medicine market 2020-2024 is expected to have Neutral and At par growth. As the pandemic spreads in some regions and plateaus in other regions, we revaluate the impact on businesses and update our report forecasts.

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Increasing Number of Clinical Trials

Fitness App Market will Showcase Positive Impact during 2020-2024 | Increasing Demand for Wearable Devices to Boost the Market Growth

Technavio has been monitoring the fitness app market and it is poised to grow by USD 1.68 bn during 2020-2024, progressing at a CAGR of almost 12% during the forecast period. The report offers an up-to-date analysis regarding the current market scenario, latest trends and drivers, and the overall market environment.

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Technavio has announced its latest market research report titled Global Fitness App Market 2020-2024 (Graphic: Business Wire)

Technavio’s in-depth research has all your needs covered as our research reports include all foreseeable market scenarios, including pre- & post-COVID-19 analysis. We offer $1000 worth of FREE customization

The market is fragmented, and the degree of fragmentation will accelerate during the forecast period. adidas AG, ASICS Digital Inc., Azumio Inc., BetterME., FitNow Inc., Google LLC, Nike Inc., Samsung Electronics Co. Ltd., Under Armour Inc., and YAZIO GmbH are some of the major market participants. To make the most of the opportunities, market vendors should focus more on the growth prospects in the fast-growing segments, while maintaining their positions in the slow-growing segments.

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Increasing demand for wearable devices has been instrumental in driving the growth of the market.

Technavio’s custom research reports offer detailed insights on the impact of COVID-19 at an industry level, a regional level, and subsequent supply chain operations. This customized report will also help clients keep up with new product launches in direct & indirect COVID-19 related markets, upcoming vaccines and pipeline analysis, and significant developments in vendor operations and government regulations. Download a Free Sample Report on COVID-19 Impacts

Fitness App Market 2020-2024: Segmentation

Fitness App Market is segmented as below:

  • Gender

  • Application

    • Lifestyle Monitoring

    • Health Monitoring

    • Others

  • Geographic Landscape

    • APAC

    • North America

    • Europe

    • South America

    • MEA

Fitness App Market 2020-2024: Scope

Technavio presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources. The fitness app market report covers the following areas:

This study identifies proliferation of a variety of fitness apps as one of the prime reasons driving the fitness app market growth during the next few years.

Technavio suggests three forecast scenarios (optimistic, probable, and pessimistic) considering the impact of COVID-19. Technavio’s in-depth research has direct and indirect COVID-19 impacted market research reports.

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Fitness App Market 2020-2024: Key Highlights

  • CAGR of the market during the forecast period 2020-2024

  • Detailed information on factors that will assist fitness app market growth during the next five years

  • Estimation of the fitness app market size and its contribution to the parent market

  • Predictions on upcoming trends and changes in consumer behavior

  • The growth of the fitness app market

  • Analysis of the market’s competitive landscape and detailed information on vendors

  • Comprehensive details of

Only two US states report a decline of new cases and nationwide hospitalizations are increasing

Covid-19 cases are trending upwards across the US, with only two states reporting a decline of cases compared to last week. And hospitalizations across the country have also begun to rise, according to data from the COVID Tracking Project.



a man in a police car parked in a parking lot: People line up in their vehicles to undergo the coronavirus disease (COVID-19) tests, distributed by the Wisconsin National Guard at the United Migrant Opportunity Services center, as cases spread in the Midwest, in Milwaukee, Wisconsin, U.S., October 2, 2020. REUTERS/Alex Wroblewski


© Alex Wroblewski/Reuters
People line up in their vehicles to undergo the coronavirus disease (COVID-19) tests, distributed by the Wisconsin National Guard at the United Migrant Opportunity Services center, as cases spread in the Midwest, in Milwaukee, Wisconsin, U.S., October 2, 2020. REUTERS/Alex Wroblewski

Wisconsin health officials reported a record-high number of 141 new patients Wednesday, days after the state saw records in new Covid-19 cases and deaths. Gov. Tony Evers announced Wednesday the state will open a field hospital in response to the surge in hospitalizations.

“We obviously hoped this day wouldn’t come, but unfortunately, Wisconsin is in a much different and more dire place today, and our healthcare systems are being overwhelmed,” Evers said.

Other state leaders say they’re not trailing far behind.

“Our hospitalization rates are surging and beginning to place a strain on our healthcare system (especially staffing),” Utah Lt. Gov Spencer Cox wrote on Twitter Wednesday. “Sadly, we are now seeing increased fatalities. The Wisconsin announcement should be a sobering reminder as Utah isn’t far behind in infection rates.”

Other states, including Montana, Nebraska, North Dakota, Oklahoma, South Dakota and Wyoming have all seen record-high hospitalization numbers in the past days.

The uptick in Covid-19 patients comes as the US approaches winter with a daily Covid-19 base line that experts say is far too high. For the first time since August, the nation is averaging more than 44,000 new Covid-19 cases daily, according to data from Johns Hopkins University — an average that won’t help as the country enters what health officials say will be a challenging season. More cases will mean more community spread, more hospitalizations and ultimately, more deaths, Dr. Anthony Fauci has said.

At least half of US states, scattered across the Midwest and Northeast, are reporting more new cases than the previous week, according to Johns Hopkins. Only two states — Alabama and Hawaii — report a decline of cases.

More than 211,000 Americans have lost their lives to the virus, according to Johns Hopkins. And another 150,000 could die in the next three months, according to projections from the University of Washington’s Institute for Health Metrics and Evaluation.

State leaders take new measures

Some US leaders have pushed new measures hoping to curb the spread of the virus. In Kentucky, Gov. Andy Beshear said the state is seeing the third major escalation of cases and his mask mandate would be renewed for another 30 days.

That announcement comes after Beshear said authorities had been instructed to step up mask enforcement.

Wisconsin also issued a new order earlier this week limiting public gatherings. And in New York, the governor announced restrictions for areas where Covid-19 clusters were occurring — including closing schools and limiting crowds at houses of worship.

Clusters of

Allergy Immunotherapies Market – Actionable Research on COVID-19 | Increasing Prevalence of Allergies to Boost the Market Growth

The global allergy immunotherapies market size is poised to grow by USD 626.77 million during 2020-2024, progressing at a CAGR of about 7% throughout the forecast period, according to the latest report by Technavio. The report offers an up-to-date analysis regarding the current market scenario, latest trends and drivers, and the overall market environment. The report also provides the market impact and new opportunities created due to the COVID-19 pandemic. Download a Free Sample of REPORT with COVID-19 Crisis and Recovery Analysis.

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Technavio has announced its latest market research report titled Global Allergy Immunotherapies Market 2020-2024 (Graphic: Business Wire).

The increasing prevalence of allergies is driving the need for allergy immunotherapies. Allergies are regarded as one of the most common ailments, affecting more than 500 million people around the world. The rising incidence of allergy is triggered by factors such as the growing pollution and increased consumption of tobacco products like cigarettes. Moreover, a large portion of people are affected multiple times due to the non-remissive nature of the allergy. The huge unmet need for allergy treatment globally has led to various vendors conducting research on novel therapies, resulting in advances in the field of immunology therapeutics for allergies.

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Report Highlights:

  • The major allergy immunotherapies market growth came from SCIT segment. It was the largest product segment of the allergy immunotherapies market in 2019, mainly because of the high efficiency for the treatment of various respiratory allergies. Additionally, SCITs are administered in simple and standardized doses, and they result in long-lasting symptom relief. Thus, contributing to the growth of the market in focus.

  • Europe had the largest allergy immunotherapies market share in 2019, and the region will offer several growth opportunities to market vendors during the forecast period. The high prevalence of allergies will significantly influence allergy immunotherapies market growth in this region.

  • The global allergy immunotherapies market is concentrated. Aimmune Therapeutics Inc., ALK-Abelló AS, Allergy Therapeutics Plc, ASIT Biotech SA, DBV Technologies SA, HAL Allergy BV, Jubilant Life Sciences Ltd., Laboratorios LETI SLU, Merck KGaA, and Stallergenes Greer Plc. are some of the major market participants. To help clients improve their market position, this allergy immunotherapies market forecast report provides a detailed analysis of the market leaders.

  • As the business impact of COVID-19 spreads, the global allergy immunotherapies market 2020-2024 is expected to have Neutral and At par growth. As the pandemic spreads in some regions and plateaus in other regions, we revaluate the impact on businesses and update our report forecasts.

Read the full report here: https://www.technavio.com/report/report/allergy-immunotherapies-market-industry-analysis

Presence of a Strong Pipeline for Allergy Immunotherapy and the Estimated New Approvals will be a Key Market Trend

The strong efficacy and relatively higher safety of allergy immunotherapies combined with a strong prevalence of various allergies create an attractive opportunity for the market players. Hence, several pharmaceutical and biotechnology

Home Fitness Equipment Market – Actionable Research on COVID-19 | Increasing Awareness about Fitness to Boost the Market Growth

The global home fitness equipment market size is poised to grow by USD 657.43 million during 2020-2024, progressing at a CAGR of over 3% throughout the forecast period, according to the latest report by Technavio. The report offers an up-to-date analysis regarding the current market scenario, latest trends and drivers, and the overall market environment. The report also provides the market impact and new opportunities created due to the COVID-19 pandemic. Download a Free Sample of REPORT with COVID-19 Crisis and Recovery Analysis.

This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20201005005436/en/

Technavio has announced its latest market research report titled Global Home Fitness Equipment Market 2020-2024 (Graphic: Business Wire)

The increased awareness about the importance of health and fitness as one of the primary growth factors for this market. Consumers are increasingly becoming aware of the importance of exercising and the availability of new and advanced equipment. To increase customer awareness, vendors in the market have started using interactive videos and pages on social media channels to provide guidance directly from the experts. Fitness professionals provide a variety of fitness services such as workout routines, workout calculators, and training tips to a variety of people with varying levels of fitness. The increasing initiatives taken by vendors to educate people about fitness will significantly contribute to the growth of the home fitness equipment market size.

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Report Highlights:

  • The major home fitness equipment market growth came from offline distribution channel segment. The steady rise in the number of stores that offer home fitness equipment is a major factor driving the growth of the offline segment. These stores often have customer-care professionals to offer advice on the benefits of the equipment, which is a major reason why people prefer these stores.

  • North America was the largest home fitness equipment market in 2019, and the region will offer several growth opportunities to market vendors during the forecast period. The presence of a large population that is health-conscious and able to afford home fitness equipment will significantly drive home fitness equipment market growth in this region over the forecast period.

  • The global home fitness equipment market is fragmented. Amer Sports Corp., Core Health & Fitness LLC, Dyaco International Inc., Icon Health & Fitness Inc., Impulse (Qingdao) Health Tech Co. Ltd., Johnson Health Tech Inc., Life fitness, Nautilus Inc., TECHNOGYM Spa, and Tunturi New Fitness BV. are some of the major market participants. To help clients improve their market position, this home fitness equipment market forecast report provides a detailed analysis of the market leaders.

  • As the business impact of COVID-19 spreads, the global home fitness equipment market 2020-2024 is expected to have Positive and Superior growth. As the pandemic spreads in some regions and plateaus in other regions, we revaluate the impact on businesses and update our report forecasts.

Read the full report here: https://www.technavio.com/report/report/home-fitness-equipment-market-industry-analysis

Rise in Preventive Healthcare will be a