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Stock impact report

Global Bowie-Dick Test Kit Market to Advance Moderately at a CAGR of 6.5% to reach US$ 410.0 Million by 2034 | Future Market Insights, Inc. [Yahoo! Finance]

GETINGE AB UNSP/ADR (GNGBY) 
NASDAQ:AMEX Investor Relations: getinge.com/int/about-us/investors
Company Research Source: Yahoo! Finance
NEWARK, Del, March 27, 2024 (GLOBE NEWSWIRE) -- The current market valuation of the global Bowie-Dick test kit market is US$ 203 million . This valuation is expected to reach US$ 218.2 million by the end of 2024 and US$ 410 million by 2034, the end of the forecasted period. This market advancement is fast-paced at a moderate CAGR of %. Many market drivers help the market grow. The rising prevalence of chronic diseases surges the demand for surgeries. This often requires heavy instrumentation, which drives the allied markets, including the subject market—consequently, the demand for surgical instruments surges, which requires sterilization to maintain hygiene. Therefore, Bowie-Dick test kits are needed on a larger scale. Governments have been emphasizing the standardization of surgical devices. Due to this, there is more inclination to standardize procedures, including cleaning medical instruments and devices. This process relies heavily on sterilization, which drives the subject Show less Read more
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