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Short Bowel Syndrome Market to Reach USD 4.1 Billion by 2035, Driven by Advances in Treatment

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  Market Overview According to MarketGenics, the market is valued at USD 1.6 billion in 2025 and is projected to reach USD 4.1 billion by 2035, registering a CAGR of 9.8% during the forecast period. The global Short Bowel Syndrome (SBS) market is driven by the growing need for effective treatments for patients who experience inadequate nutrient absorption due to significant loss or dysfunction of the small intestine. Short bowel syndrome is a rare, chronic condition that can result from intestinal resection, congenital abnormalities, or intestinal diseases, often requiring long-term nutritional support and specialized medical care. The market includes pharmaceutical therapies, parenteral nutrition, enteral nutrition, and supportive treatments designed to improve intestinal absorption and reduce dependence on intravenous nutritional support. Advances in gastrointestinal medicine and the development of therapies that promote intestinal adaptation are creating new opportunities f...

Digital Therapeutics Market to Reach USD 70.4 Billion by 2035, Driven by Digital Healthcare Innovation

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  Market Overview As per MarketGenics, the global digital therapeutics (DTx) market was valued at USD 6.6 billion in 2025 and is projected to reach USD 70.4 billion by 2035, registering a CAGR of 26.7% during the forecast period. The market is expanding as healthcare providers, pharmaceutical companies, and patients increasingly adopt evidence-based digital solutions to prevent, manage, and treat various medical conditions. Digital therapeutics use clinically evaluated software-based interventions delivered through digital platforms, including mobile applications and connected devices, to support treatment adherence, behavioral changes, and disease management. These solutions address conditions such as diabetes, obesity, cardiovascular diseases, mental health disorders, respiratory diseases, and chronic pain. The growing adoption of personalized healthcare, remote patient monitoring, and digital care delivery is creating new opportunities for market participants. Furthermore, ad...

Digital Twins in Healthcare Market to Reach USD 141.2 Billion by 2035, Driven by AI Innovation

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  Market Overview As per MarketGenics, the global digital twins in healthcare market is experiencing rapid growth, with an estimated value of USD 3.1 billion in 2025 and a projected value of USD 141.2 billion by 2035, registering a CAGR of 46.5% during the forecast period. The market is expanding as healthcare providers, pharmaceutical companies, and medical technology developers increasingly adopt digital twin solutions to improve patient care, optimize clinical workflows, and accelerate medical innovation. Digital twins in healthcare use virtual representations of patients, organs, medical devices, and healthcare systems, supported by real-time data, artificial intelligence (AI), and advanced simulation technologies. These solutions enable healthcare professionals to model disease progression, evaluate potential treatment outcomes, optimize hospital operations, and support the development of personalized medicine. Furthermore, growing investments in digital health infrastructu...

EHR and Patient Portal Market to Reach USD 46.5 Billion by 2035, Driven by Digital Healthcare Adoption

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  Market Overview As per MarketGenics, the global EHR and patient portal market is valued at USD 11.9 billion in 2025 and is projected to reach USD 46.5 billion by 2035, registering a CAGR of 14.6% during the forecast period. The market is expanding as healthcare providers increasingly adopt electronic health records (EHRs) and patient portals to improve medical record management, streamline clinical workflows, and enhance patient engagement. EHR systems enable healthcare professionals to securely maintain patient histories, diagnoses, prescriptions, laboratory results, and treatment information, while patient portals allow individuals to access medical records, schedule appointments, request prescription refills, and communicate with healthcare providers. The growing need for interoperable healthcare systems, increasing digitalization of hospitals and clinics, and rising demand for patient-centered care are supporting market growth. Furthermore, advancements in cloud computing,...

Procurement Outsourcing Services Market to Reach USD 18.2 Billion by 2035, Driven by Cost Optimization

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  Market Overview According to MarketGenics, the market was valued at USD 5.3 billion in 2025 and is projected to reach USD 18.2 billion by 2035, growing at a CAGR of 13.1%. As per MarketGenics, the global procurement outsourcing services market is experiencing steady growth, driven by the increasing need for cost optimization, operational efficiency, and strategic sourcing across industries. Procurement outsourcing services involve delegating selected procurement activities to specialized third-party providers, including supplier identification, sourcing, contract management, purchase order processing, spend analysis, and supplier relationship management. These services enable organizations to streamline purchasing operations, reduce administrative costs, access specialized procurement expertise, and focus on their core business activities. The growing complexity of global supply chains, rising pressure to control operating expenses, and increasing demand for transparent and ...

Procurement Software Market to Reach USD 19.6 Billion by 2035, Driven by Digital Transformation

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  Market Overview As per MarketGenics, the global procurement software market is experiencing robust growth, with an estimated value of USD 7.5 billion in 2025 and a projected value of USD 19.6 billion by 2035, registering a CAGR of 10.1% during the forecast period. The market is expanding as organizations increasingly adopt digital procurement solutions to streamline purchasing activities, improve cost control, and strengthen supplier relationships. Procurement software enables businesses to automate sourcing, purchase requisitions, contract management, supplier evaluation, invoice processing, and spend analysis. The growing complexity of global supply chains, increasing focus on operational efficiency, and rising demand for transparency in procurement activities are supporting market expansion. Furthermore, advancements in artificial intelligence (AI), cloud computing, and data analytics are enabling organizations to gain real-time spending visibility, automate routine workflo...

Product Engineering Services Market to Reach USD 2,712.9 Billion by 2035, Driven by Digital Innovation

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  Market Overview As per MarketGenics, the global product engineering services market is experiencing robust growth, with an estimated value of USD 1,304.1 billion in 2025 and a projected value of USD 2,712.9 billion by 2035, registering a CAGR of 7.6% during the forecast period. The market is expanding as organizations increasingly invest in product innovation, digital transformation, and advanced engineering capabilities to improve product quality and accelerate time-to-market. Product engineering services encompass product design, development, prototyping, testing, integration, modernization, and ongoing maintenance across the product lifecycle. The growing adoption of artificial intelligence (AI), the Internet of Things (IoT), cloud computing, digital twins, and advanced simulation technologies is enabling businesses to develop smarter, more connected, and efficient products. Furthermore, increasing product complexity and the need to reduce research and development costs are...