Medical tapes or pressure tapes are pressure sensitive adhesive tapes utilized for bandage or other dressing support, whereas medical bandages are cotton gauze utilized for supporting products including dressing and splint. Medical tapes and bandages are utilized to uphold moisture at the application site, support wound healing, and provide bacterial and mechanical safety.
Breast biopsy procedure refers to extraction of tissue sample from the breast for examination and diagnosis. Due to the advantage of least disfigurement and pain, physicians are increasingly performing minimally invasive biopsy procedures. Therefore, the prime factors that support the market growth of breast biopsy devices are increasing incidence of breast cancer, growing awareness about cancer screening programs and advancing preference for minimally invasive procedures and dedicated systems.
This report on global medical imaging equipment market studies various technologies and products used for medical diagnosis in the field of healthcare. Medical imaging equipment helps in diagnosing various complex diseases such as chromosomal abnormalities, atherosclerosis, Parkinson’s and others.
The worldwide personalized LASIK surgery market volume was evaluated at 1426 million US dollars during year 2014. Rising popularity of curative eye operation is predicted to assist the growth of the global personalized LASIK surgery market. Launching of technically modernized equipments, growing amount of eye care centers offering modified LASIK surgeries and growing consciousness related to efficiency and security are few of the aspects predicted to stimulate the growth of the market during the estimated period.
The global biopsy devices market has undergone a phenomenal shift in nature due to the growing adoption of guidance based biopsy procedures. Biopsy refers to minimally invasive extraction of suspected abnormality in tissues for pathophysiological testing. The gradual rise in awareness among the patient population and alarming growth in cancer incidence in the global population that bears a high risk of chronic diseases and cancer are observed to be the prime factors that have led to the growth in demand for biopsy devices in the worldwide market.
Various drug delivery technologies assist in adjusting dosage release with best possible safety and efficacy. Drug delivery technologies simplify the challenge of patient compliance, facilitate precision in dosage and reduce side effects. For the purpose of this study, the global drug delivery devices market is studied in terms of mode of administration and geography.
The global ECG market is currently at a stable stage in the market with certain periodic technological innovations and improvements taking place in device features and characters over the time. This market with a large number of device manufacturers is highly fragmented and competitive.
Ostomy refers to a surgical procedure wherein artificial opening is created for elimination of body wastes. Body wastes such as urine, feces and mucus are collected in artificial bags attached to the artificial orifice and these products are called ostomy drainage bags. Ostomy drainage bags are used in treating various gastrointestinal conditions.
This report on global X-ray equipment market studies various technologies and products used for medical diagnosis in the field of healthcare. X-ray equipment helps in diagnosing various diseases such as cardiovascular, pulmonary, oral (dental) diseases and others. Globally the X-ray applications are implemented with several different technologies. Portability in diagnostic devices is the major factor shifting the imaging diagnostic market away from stationary imaging devices.
The global infusion pumps market is anticipated to grow at a steady pace during 2016-2022. The major factors influencing the demand for infusion pumps include growth in incidence of chronic pain, diabetes, gastrointestinal disorders and other debilitating chronic diseases and conditions. Auxiliary drivers if this market include the phenomenal rise in geriatric population pool and gradual technological developments in infusion pumps.
This report provides an in-depth analysis and market insights for the global pain management devices market. Rising incidence of chronic pain, chronic debilitating diseases and geriatric population pool play a vital role in the growing demand for pain management solutions worldwide. Lower side effects from use of devices than oral pain management solutions and surgeries also support the growth in demand for pain management devices.
This report on global ultrasound devices market studies various technologies, applications and products used for medical diagnosis in the field of healthcare. Ultrasound devices aid in diagnosing various diseases such as cardiology, obstetrics and gynecology, gastroenterology and others. Ultrasound is exploring relatively novel applications across several clinical specialties and points of care, from image-guiding interventions, biopsies and non-invasive diagnosis.
This report on global sleep apnea devices market studies the major trends, market size and forecast, and competition analysis of sleep apnea devices industry. The global sleep apnea devices market is witnessing fair growth attributed by technological development in the features of both diagnostic and therapeutic devices. Alarming reporting of sleep disorders, rising life-style related disorders, and the gradual growth in awareness about sleep disorders and their consequent effect on overall health greatly contribute to the growth of sleep apnea devices market.
Medical waste is generated in healthcare facilities, medical research institutions and medical laboratories. Appropriate management of medical waste is the prime responsibility of medical facilities as these type of waste often have direct impact on community health, environment and other intermediaries, and demand appropriate control and disposal. Medical waste management comprises activities such as handling, storage, transport, processing and disposal of waste generated.
Ultrafast CT (also known as electron-beam tomography [EBT]) is used to diagnose heart disease in a few cases. Ultrafast CT is capable of taking multiple images of the heart within the time of a single heartbeat and provides in-depth detail about the function of heart and structures, and aids to decrease turnaround time required for the study. Ultrafast CT’s 3-dimensional (3D) version is mainly used to assess the pulmonary arteries and veins in the lungs.
Direct-to-consumer (DTC) genetic testing market expected to reach US$ 611.24 Mn by 2026 with 19.4% CAGR during the forecast period from 2018 to 2026, mostly through on-line sales channel. OTC/Pharmacy Stores and Doctors’ Office are other sales channel dispensing these testing kits.
Breast pumps are medically approved mechanical devices that assist in extraction of breast milk through suction mechanism and are used as a substitution to breastfeeding. These devices are also recommended in conditions such as inverted or flat nipples. Premature birth, breast engorgements and others. Portability, comfort, ease of use and technological features are the key factors determining the purchase pattern of breast pumps.
Orthopedic prosthetic devices are defined as external medical that substitute for the missing skeletal part. Orthopedic prosthetics are a vital component of rehabilitation of the injured or harmed skeletal system, associated musculature and joints. These devices are mostly used after trauma or surgical removal of body appendage, disability arising from congenital condition or similar such disabling illnesses. Orthopedic prosthetic devices efficiently facilitate replacement of such missing body part and make up for normal living.
According to Cleveland Clinic, venous thromboembolism (VTE) is a disease that includes both deep vein thrombosis (DVT) and pulmonary embolism (PE). It is a common, lethal disorder that affects hospitalized and non-hospitalized patients, recurs frequently, is often overlooked, and results in long-term complications including chronic thromboembolic pulmonary hypertension (CTPH) and the post-thrombotic syndrome (PTS).
This report on medical adhesives and sealants market gives a comprehensive assessment of the industry on products, applications, end-use and regional levels. The study offers market size and forecast (USD Mn) of its component segments for the period 2014-2022, with respective CAGRs (value %) for the period 2016-2022, while considering 2015 as the base year.
This report on non-invasive prenatal testing (NIPT) market gives an all-inclusive view of the NIPT industry based on products, regional categories. The study offers market size and forecast (USD Mn) of its segments for the period 2014-2022, with respective CAGRs (value %) for the period 2016-2022, while considering 2015 as the base year.
Hot and cold therapy packs are medical products that provide comfort from pain arising through injury or other causes. The global market for hot and cold therapy packs is driven by growth in injury incidences resulting in pain, rise in geriatric population, and preference for non-invasive pain management methods. Development in manufacturing technologies and online vending have also facilitated the growth of this market. The future growth of hot and cold packs market will be determined by the need for safer pain management modalities as against pharmaceuticals.
A hospital bed is specifically created for hospitalized patients or others in need of some form of assistance and relief. The special features possessed by these beds are for both the comfort and well-being of patients and for the convenience of health care workers. The key features of hospital beds are the height for the entire bed, the feet, and the head is adjustable.
Hypodermic needle is hollow tube with sharp tip commonly used with syringe to inject substance into body or to extract fluid from body. Hypodermic needles are generally used for rapid delivery of liquid, depending on the safety feature associated with hypodermic needles, further classified as safety and non-safety needles.
This report on global artificial pancreas device systems (APDS) studies the overall market scenario, the ongoing trends, future commercial prospects and the competition in the artificial pancreas device systems market. For the purpose of this study, the global artificial pancreas device systems market is studied for device type and geographical distribution. This study estimates the future prospects of the APDS, post introduction of certain target devices in the diabetes market. It is to be noted that the APDS thus described do not involve biomaterial, synthetic or artificial tissue or organs and bionic substitutes.
Growing prevalence of sports injuries, and elbow tendon bumps, joint pain are the key factors that have urged the advent of tennis elbow market. In the next few years the demand for tennis elbow treatment is expected to increase significantly in the emerging economies such as China and Canada.
Older adults are majorly benefited with home healthcare as it helps them to stay independently for as long as possible in an injury or illness. Home healthcare covers a broad range of services and can possess capability of delaying the need for long-term nursing home care. According to market experts, in the U.S. currently 12 million patients and more than 428 million patient visits each year out of which 70% are using home healthcare services aged 65 and older.
Urolithiasis or kidney stone is one of the most common renal conditions. The annual incidence of kidney stones in the industrialized world is 0.2%. In the U.S. the lifetime prevalence of the disease is 12% for men and 7% for women; whereas, familial history further increases the risk. Lifetime risk of kidney stones is 20% for Saudi Arabia, 8% -15% for the Western world and 2% to 5% for Asia.
The global optical imaging market is anticipated to undergo double-digit growth through 2022. Technological development in imaging technologies has been the greatest phenomenon witnessed in this market during the last few years. The global optical imaging market is mainly driven by increase in demand for non-invasive diagnostic alternatives, growing applications of optical imaging in therapeutic, diagnostic and translational research.
Imaging technologies such as X-ray, CT, ultrasound and MRI are the most common imaging modules used for diagnostics and other practices. Among these technologies, magnetic resonance imaging (MRI) is increasingly becoming the most preferred imaging module due to the offered advantages such as image precision, accuracy and minimum hazards from radiation exposure.
The growth of endoscopy devices market is attributed to growing preference for minimally invasive surgical procedures, R&D activities and growing prevalence of diseases and conditions that demand endoscopic procedures. In the coming future, the endoscopy devices market is expected to undergo rapid growth in Asia-Pacific, Latin America and Middle East and Africa regions.
Intraoperative imaging systems assist in performing surgeries through image guidance. The possibility of shifting of the surgery target during the procedure (most commonly the brain) challenges pre-surgery imaging location. Intraoperative image guidance uses real time imaging to locate the surgery target and thus helps in precise monitoring and control over surgical procedure.
This report on global novel drug delivery systems (NDDS) studies the overall market scenario, the ongoing trends, future commercial prospects and the competition in the novel drug delivery systems market. For the purpose of this study, the global novel drug delivery systems market is studied for route of administration type, carrier type, and geographical distribution. This study estimates the future prospects of the NDDS, post introduction of certain novel drug delivery systems market.
Medical suction devices/units form an integral equipment in both hospital and ambulatory applications. Some of the factors that drive the medical suction units market are burgeoning preference for home healthcareand growing need for portable suction devices. Ongoing trend of opting for home healthcare has resulted in growth in demand for ergonomically convenient, cheap and portable suction equipment.
Escalating geriatric population, increasing birth rate, growth in number of premature births and intensified prevalence of malnutrition and chronic diseases are the prime contributors to the growing demand for clinical nutrition. Malnutrition is a grave issue faced affecting millions globally and clinical nutrition is the most effective way to treat malnutrition.
This report on global antibacterial drugs market studies various drug classes used for treatment of bacterial infections along with pipeline analysis of upcoming potential drugs. Bacterial infection, irrespective of its etiology is an important concern in patients with cirrhosis since it is associated with increased morbidity and mortality. According to World Health Organization (WHO), cirrhotic patients from developed countries indicate urinary tract infections (12 – 29%) to be the most frequent cause for bacterial sepsis followed by spontaneous bacterial peritonitis (15 – 23%), respiratory tract infection (6 – 10%) and bacteremia (4-9%).
The purpose of this research study titled ‘Ophthalmology Devices Market - Growth, Future Prospects, and Competitive Analysis, 2017 – 2025’ is to provide investors, developers, company executives and industry participants with in-depth analysis to allow them to take strategic initiatives and decisions related to the prospects in the global ophthalmology devices market. This report presents and analyzes the major trends prevalent in the global ophthalmology devices market and the market size and forecast.
The pharmacy automation market is expected to see a significant growth throughout the forecast period 2015 – 2022. The pharmacy automation industry includes integration of intelligent software and industry scale machinery to improve the efficiency of retail as well as hospital pharmacies. The demand for pharmacy automation solutions is growing steadily with rising pressure to reduce medication errors and stringent government regulations across the world.
3D printing, also called as additive manufacturing refers to a process used for making three-dimensional (3D) solid objects using a 3D digital model. With the rising advancement and adoption of 3D printing, the technology is expected to become prominent in the healthcare industry.
Nebulizer is device used for medication, which converts the liquid into fine mist under pressurized air pump. It uses oxygen, compressed air or ultrasonic power to break medication solutions and deliver a therapeutic dose of aerosol particles directly to the lungs
The report titled “Audiology Devices Market- Growth, Future Prospects, and Competitive Analysis, 2016 – 2023” offers strategic insights into the overall audiology devices market along with the market size and estimates for the duration 2013 to 2023. The said research study covers in-depth analysis of multiple market segments based on type of products, and different geographies. Audiology devices are known as the electronic equipment that is designed for diagnosis and treatment of hearing impairment in patients.
Individuals with disability include those who have mental, physical or sensory impairments, which may disrupt full and effective participation in everyday activities. Some disabilities or physical shortcomings are unique to senior citizens and catering to such requirements and related assistance provision is termed as elderly-care or eldercare. This broad spectrum of both eldercare and disabled assistance comprises a blend of assistive devices and services.
Digital diagnostic is also known as digital immune system, because it helps to improve medical care system by contributing in the precision and accuracy of the diagnostics output. Market experts suggest that through digital diagnostics, automated health assessments can be carried out virtually and electronically. The geographical barriers can be reduced with this technology by making it possible to diagnose patients located away from the clinic. Currently, several companies have developed their respective mobile applications and software programs to make remote diagnostics possible.
Rising prevalence of heart disorders, increasing obese population and growing geriatric population are the key factors that have urged the advent of blood pressure monitoring devices market. In the next few years the demand for blood pressure monitoring devices is expected to increase significantly in the emerging economies such as China and India.
Rising pressure to reduce medical waste on medical organization due to environmental concerns are the major factors driving the global reprocessed medical devices market. In the next few years the demand for reprocessed medical devices is expected to increase significantly in the emerging economies such as China and India due to rising population base and emphasis on cost reduction.
The report titled “Global Endoscopic Vessel Harvesting Systems Market- Growth, Future Prospects, and Competitive Analysis, 2016 – 2023” offers strategic insights into the Global Endoscopic Vessel Harvesting Systems along with the market size and estimates for the duration 2013 to 2023. The said research study covers in-depth analysis of multiple market segments based on type of application, and different geographies.
Surgical robotics, also called as robotically assisted surgery or computer assisted surgery involves involvement of special machines and techniques to perform surgical procedures. Increase in the rate of automation in healthcare sectors has facilitated the introduction of surgical robotics and unmanned surgery. Rise in incidence of chronic diseases and cancer and also neurological conditions is further expected to boost the growth of surgical robotics market. The use of surgical robotics ensure less procedural time and post-surgical complication, thus improving treatment outcomes in patients.
The purpose of hemodynamic monitoring is maintenance of sufficient tissue perfusion. Conventional hemodynamic monitoring is based on invasive methods to measure pulmonary arterial, systemic, venous pressure and cardiac output. In cases of hypotension, which is the most common cause of hemodynamic instability, modern hemodynamic methods are used. Is assumed that the central venous pressure and central venous pressure (CVP) and pulmonary artery occlusion pressure (PAOP) are sufficient estimates of measuring systemic and pulmonary circulation respectively.
Diabetic retinopathy is among the leading causes of legal blindness among the working-age adults worldwide. Anticipated increase in prevalence of diabetes prevalence indicates that diabetic retinopathy will continue to the prevalence of vision loss in the future. Diabetes and diabetes related complications carry heavy economic burden. Estimates also suggest that diabetic retinopathy alone contributes 10% to 42% of direct medical costs, whereas the indirect costs could be much higher.
The International Diabetes Foundation (IDF) reports that as of 2013, 382 Mn individuals i.e. 8.3% of the global adult population is living with diabetes, and is expected that over the next 25 years, this population would rise beyond 592 Mn. The IDF also reports that with 175 Mn diabetes cases being currently undiagnosed, a large set of diabetic population is unknowingly heading towards disease related complications, thus adding to the potential yet avoidable disease burden.
In vitro fertilization is a form of assisted reproductive technology where the egg is artificially fertilized and later implanted in the womb. This method is widely prevalent in infertile parents, LGBT community and single mothers. The global in vitro fertilization devices and consumables market will undergo rapid growth during the forecast period due to rising infertility rates, delayed pregnancies and surging evolution of assisted reproductive technologies. Innovations in IVF technologies such as introduction of capsule IVF will further add to demand for IVF across the globe.
Home infusion therapy refers to administration of biological and drugs in patient’s home, wither by patient themselves, family, nurse and others. Home infusion services include patient training and education, administration, care coordination, pharmacy services and others. These services and supplies are usually provided by physicians and pharmacy staff, where initially, the patient picks up medications form physician’s office. Nursing services for home care are also provided through agencies.
Therapeutic beds is a consistently growing market due to the overall growth in chronic disease prevalence and geriatric patient population. Therapeutic beds are basically used in hospitals, clinics and in home-care. Ease of use in novel equipment has led to introduction of therapeutic beds and mattresses into the retail sector. Major drivers of therapeutic beds market are advent of innovative treatments that demand changes in hospital infrastructure, rise in high-risk geriatric population, and prevalence of chronic diseases.
Rising number of dental disorders, rising number of dental prosthetics surgeries, and favorable government policies pertaining to the reimbursement of dental equipment and consumables are the major drivers for the global bench-top dental autoclaves. In the next few years the demand for bench-top dental autoclaves is expected to increase significantly in the emerging economies such as China and India due to rising population base and growth in dental laboratories.
Medical robotics have been in use in the medical sector for various applications since early 1980s. Nevertheless, due to reliability and safety concerns, the adoption of medical robotics have been relatively slow. With the expanding capabilities and the ongoing trend of automation across different application sector, medical robotics have found widespread application in the healthcare sector, over the period of time. Today, medical robots have been developed for performing various surgical procedures including neurological, orthopedics, minimally invasive surgeries and others.
Hybrid operating rooms are equipped with advanced medical imaging and networking solutions with fully functioning operating suites supporting high quality interventional imaging, open surgeries and minimally invasive surgeries. The hybrid ORs market is anticipated to experience significant growth over the forecast period mostly owning to increase in healthcare spending, rise in the number of surgical procedures and increasing popularity of hybrid ORs. On the other hand, requirement of enormous investment for setting up hybrid ORs may hinder the growth of hybrid ORs in some poor income countries.
The global wound care market involves various products that help in healing and preventing infection. Wound care & closure and advanced wound care & closure products are used to treat acute and chronic wounds. Chronic wounds are hard to heal and take substantial time to heal. In the next few years the demand for wound care products room is expected to increase significantly in the emerging economies such as China and India.
Actinic keratosis (AK) or solar keratosis are keratotic papules, macules and plaques arising from intraepidermal proliferation of keratinocytes due to exposure to ultraviolet radiation. Although AKs to squamous cell carcinoma progression is rare, AKs still pose a concern because majority of cutaneous squamous cell carcinoma result from pre-existing AKs. Due to this, clinicians recommend routine treatment of AKs. This report studies the current and future prospects of the global actinic keratosis treatment market.
This report titled needle free diabetes management market studies various device types such as treatment devices, diagnostic devices and artificial pancreas that respectively sub-segmented. According to the International Diabetes Federation, in 2015 one in 11 adult has diabetes and by 2040 it is expected that one in 10 adults will have diabetes.
With ring trend towards self-administration of drugs, injectable drug delivery solutions such as autoinjectors and pen injectors demonstrate a noteworthy growth potential in the near future. Driven by industry demands, the biopharmaceutical companies worldwide have since introduced a big range of drug injection solutions.
Geriatric population is growing with the rising global population, and rising patient base suffering from sleep disorders such as Obstructive Sleep Apnea (OSA) and respiratory diseases such as chronic obstructive Pulmonary Diseases (COPD) has been a major growth driver that have urged the advent of anesthesia and respiratory devices market. In the next few years the demand for anesthesia and respiratory devices is expected to increase significantly in the emerging economies such as China and India.
Ablation devices are at present used in varied healthcare areas such as orthopedic, dermatology, cardiology, gynecology, neurology and several others. Global growth in preference for minimally invasive procedures is helping drive the demand for ablation devices. Major factors supporting the rise in ablation treatments include groping preference from senescent patients andhigh prevalence of chronic diseases.
This report analyzes the global X-ray security screening market in terms of application, end-use, and geography. Based on application, the global X-ray security screening market is segregated into product screening, human screening, and vehicle screening. Similarly, on the basis of end-use, the global market for X-ray security screening is classified into government, transportation, and commercial.
Growing demand for minimally invasive procedures, particularly in pediatric and geriatric patient groups is anticipated to support the growth of guidewires market. Growing count of geriatric population, that possess a higher risk of chronic diseases are increasingly preferring minimally invasive surgeries for disease treatment; due to major advantages such as quick procedural time, lesser risk of infection and quicker recuperation coupled with less duration of hospital stay.
Rising incidence of hematological disorders has led to growth in demand for platelets and plasma products for efficient treatment and improvement in survival rates. The apheresis equipment market is expected to be driven by growth in incidence of blood disorders and technological innovations in nature and efficiency of apheresis equipment. Researchers, healthcare practitioners and device manufacturers worldwide are hence introducing solutions that demand minimum human intervention and allow agility to apheresis process.
Diabetes is a medical condition caused by insulin levels in the body. Patients suffering for diabetes are more susceptible to develop wounds, ulcers or lack of sensation in the feet. Diabetic footwear has evolved as a medical revolution as it aids in preventing the feet from developing any injuries or wounds with the help of its unique and therapeutic properties.
Diabetes is one of the leading lifestyle diseases observed across the world. The key factors assisting the overall growth of insulin delivery market is mounting prevalence of diabetes and rising public awareness related to diabetes management and diagnostics. Insulin plays vital role in maintenance of sugar levels along with the systematic execution of all other physiological and cellular actions. The growing incidence of diabetes around the world is observed due to factors such as increasing prevalence of obesity, and practice of sedentary lifestyle in working population.
Significant and perpetual rise in incidence of cardiovascular diseases, advancements in telemetry and remote patient monitoring and advent of home-based cardiac care have given a surge in demand for cardiac monitoring devices globally. ECG devices comprise the largest segment in the cardiac monitoring devices. Prime driving factors to the growth and dominance of this segment include phenomenal rise in incidence of lifestyle-related cardiovascular diseases, fundamental relevance of ECG monitors in cardiology and continuous technological innovation in home care products.
Companion diagnostic tests are used to identify suitable patients for administering specific drugs and monitoring the prognosis of drug effects on the disease. This concept of combining a drug with a diagnostic test is known as predictive medicine or personalized medicine. A companion diagnostic test has the ability to predict the risks of the disease and monitor its therapeutic response.
The report titled “Enteral Feeding Devices Market- Growth, Future Prospects, and Competitive Analysis, 2016 – 2023” offers strategic insights into the overall enteral feeding devices market along with the market size and estimates for the duration 2013 to 2023. The said research study covers in-depth analysis of multiple market segments based on type of products, and different geographies. Enteral access allows the short- and long-term delivery of nutrients and medications into the GI tract of patients who can not maintain their needs with oral intake.
This report titled “Hearing Aids Market- Growth, Future Prospects, and Competitive Analysis, 2016 – 2023” offers strategic insights into the trends in hearing aids market along with the market size and forecast for the duration 2013 to 2023. The said research study incorporates in-depth analysis of multiple market segments based on device types,type of hearing loss and different geographies.
Amyloidosis is a rare disease causes due to building up of amyloid an abnormal protein which usually gets produced in bone marrow and deposits in any tissue or organ. According to The Amyloidosis Foundtion, in the U.S. amyloidosis is the most common type, with approximately 4,500 new cases diagnosed every year. It usually affects people from age group 50-80; however, there are a few cases of people being diagnosed as early as their late 20s and overall incidence statistics suggest that two-thirds of the patients are male.
The global hyperbaric oxygen treatment (HBOT) devices market is anticipated to reach US$ 3,634.5 Mn by 2024. Increasing preference of physicians to use oxygen therapy has been greatly contributing to the market growth of HBOT devices. HBOT devices have received FDA approval for treatment of necrotizing soft tissue infection, injuries, burns, decompression sickness and others.
Orthopedic oncology accounts for a very small percentage in the field of orthopedics due to fact that the incidences of bone and soft tissue tumors are rare as compared to the benign tumors of musculoskeletal system which includes trauma, spine, hand and upper extremity, total joints and even pediatric orthopedics.
Percutaneous coronary intervention (PCI) is a non-surgical procedure utilized to treat coronary artery disease. A balloon catheter and coronary stents are used to remove the plaque and treat narrowing of blood vessels. In a PCI procedure, a coronary guidewire is used to direct the balloon catheter to the site of plaque in the coronary artery. A balloon catheter is thereafter inserted into the coronary artery of the heart and inflated at the site of the plaque.
Endoscope reprocessing involves the cleaning, disinfection and sterilization of the medical instruments, and encompasses the steps of cleaning, rinsing, disinfection, secondary rinsing, drying and storage. It is the fastest growing segment in the disinfection technologies market due to rise in tide of cleaning standard and mounting pressure for sterilized and disinfected medical device in hospitals and clinics.
Regenerative medicine, is upcoming interdisciplinary field which makes use of both engineering and life science knowledge, to regenerate, restore diseased and injured tissues and whole organ. This would aid to overcome the hurdles caused during the transplantation of intact organ and tissues to treat organ and tissue failure and loss caused due to limited donor supply and often severe immune complication.
Implantable infusion pumps are compact devices that are surgically implanted under the skin to deliver drug to specific parts of the human body, they provide targeted and consistent medication to reduce pain. The major factorial entities supporting the growth in demand for implantable infusion pumps market are rise in geriatric population, wide prevalence of chronic diseases, access to healthcare services and rise in private sector hospitals.
Negative Pressure Wound Therapy (NPWT) is used to treat acute and chronic wounds. A vacuum source creates continuous or intermittent negative pressure inside the wound to remove fluid, exudates, and infectious materials to prepare the wound for healing and closure. NPWT systems consist of a vacuum pump, drainage tubing, a foam or gauze wound dressing, and an adhesive film dressing that covers and seals the wound. The therapy involves the controlled application of sub-atmospheric pressure to the local wound environment, using a sealed wound dressing connected to a vacuum pump.
Blood and fluid warming systems are widely used in clinical interventions for prevention of non-intended hypothermia. Such systems heats fluids before and curing administration to the patient. Hypothermia can be easily prevented with blood and fluid warming systems, thus resulting in efficient patient management, reduced hospital stay and lowering the risk of surgical site infections.
The report titled “Weight Management Market- Growth, Future Prospects, and Competitive Analysis, 2016 – 2024” offers strategic insights into the overall weight management market along with the market size and estimates for the duration 2014 to 2024. The said research study covers in-depth analysis of multiple market segments based on type of weight loss products, fitness equipment, surgical services and different geographies. Weight management market is a dynamic market; the companies are expected to keep in the mind that people nowadays are watching weight rather than dieting. Hence, the products should be positioned in the market as fitness contributors.
Cardiovascular diseases is one of the major cause of mortality globally, it includes coronary heart diseases, stroke, heart failure, peripheral vascular disease, congenital heart disease etc.. The people suffering from cardiovascular disease or with high risk of cardiovascular risk require early monitoring and diagnosis for the management and treatment of diseases. With advancement in technology non-invasive cardiac monitoring and diagnostic play important role in management and treatment of cardiovascular diseases.
Neurostimulation is the process of agitating or modulating the neural activities for therapeutic purpose. Neurostimulation devices are used for neuromodulation and function by either stimulating nerve impulses of inhibiting pain signals at specific sites such as the autonomic nervous system, peripheral nervous system, deep nuclei of brain or the central nervous system.
Breastfeeding accessories and supplies are used for assisting nursing mothers for storage of breast-milk for later use. Growth in the number of working mothers, increasing awareness and preference for breastfeeding, and rising disposable income are observed to be the key driving factors of the global breastfeeding accessories market.
Personal mobility devices refers to any assistive device that facilitates individual human transportation. Although many such devices are used by people with disability or mobility restrictions, mobility aids can be employed generally. Increasing geriatric population and rising prevalence of target bone diseases such as arthritis and osteoporosis among the aged population are major factors driving the market growth during the forecast period.
Cerebrospinal fluid (CSF) is a clear and colorless fluid that surrounds the brain and spinal cord. Primary functions of CSF is to provide mechanical support and to maintain stable environment in central nervous system by circulating nutrients and removing waste products. The total volume of cerebrospinal fluid ranges from 140 to 260 ml. Alternation in absorption, circulation and production of cerebrospinal fluid, results in pathological condition.
Artificial joint is ceramic, metal or other compatible device that is surgically implanted to replace a natural joint to correct join abnormalities and to enhance join function. Rising geriatric and obese population, increasing incidence of diseases such as osteoarthritis and arthritis, technological advancement are the key growth drivers of global artificial joints market.
In 2015 neurological disorder constituted about 6.3% of the global burden of disease, among which more than half of the burden in DALYs (disability-adjusted life years) is contributed by cerebrovascular disease, 12% by Alzheimer and other dementias and 8% each by epilepsy and migraine according to WHO.
Elastomeric infusion pumps are disposable medical devices used for administration of liquid drugs such as analgesics, antibiotics, chemotherapy medications etc. Rise in adoption of elastomeric pumps is attributed to driving factors such as growth in demand for disposable ambulatory pumps, rising preference for long-term home healthcare, growing hospitalization rates and evolving reimbursement policies.
This report on global colposcope market studies various products and applications of the colposcope market. The major application of colposcopy is to prevent cervical cancer by detecting precancerous tissues. Cervical cancer is the second most leading cause of cancer deaths in women worldwide, higher prevalence of cervical cancer driving the market growth of colposcopes worldwide.
There is a surge in number of cases of preterm birth due to rise in number of caesarean birth, premature rupture of the membrane, any emergency event or life threatening complication caused. Factors such as increase in maternal age, change in lifestyle such as drinking, smoking are leading cause for premature and congenital diseases.
Increase in incidence of gynecological disease, technological advancement and rise in awareness of gynecological procedure are the key growth drivers of global gynecology surgical instruments market. Study indicated that Laparoscopy, colposcopy, hysteroscopy, endometrial biopsy, dilation and curettage are most widely perform surgical procedure on the female reproductive system.
This report on global electrosurgical devices market studies various products and applications. The main need arises as it is technological advanced than the conventional surgical methods. Chronic disease are on a rise worldwide and so increasing the need for minimally invasive surgeries to be performed within short duration. Electrosurgical devices renders safe and cost effective surgeries, with early recovery period and less chances of infection after the surgery.
This report on global ambulatory care services market studies various services and surgery of the ambulatory care market. The main need arises as it is the only viable alternative to inpatient care. Chronic disease are on a rise worldwide and so increasing the pressure to reduce healthcare cost regarding treatment and hospitalization.
The report titled “Aesthetic Services Market- Growth, Future Prospects, and Competitive Analysis, 2017 – 2025” offers strategic insights into the overall aesthetic services market along with the market size and estimates for the duration 2015 to 2025. The said research study covers in-depth analysis of multiple market segments based on type of services, and different geographies. On the basis of demographics earlier baby boomers were considered as the key consumers of aesthetic services but the trend has been observed to slightly shift towards millennials due to increasing awareness associated with cosmetic wellbeing and easy access to modern aesthetic service providing organizations.
Knee replacement surgery is an orthopedic surgery wherein the damaged knee is replaced by artificial components called implants. There are different types of implants used in the knee replacement surgery depending on the knee problem, knee anatomy, as well as age, weight and activity level.
The purpose of this research study titled ‘Diabetes Injection Pens Market - Growth, Future Prospects, and Competitive Analysis, 2017 – 2025’ is to provide investors, developers, company executives and industry participants with in-depth analysis to allow them to take strategic initiatives and decisions related to the prospects in the global diabetes injection pens market.
Currently, advanced wound care therapies for different composition and indications have being developed, it includes collagen products, alginate, biological skin equivalents (BSE), etc. With advent of wound care technology, innovative products and devices are accessible and affordable for the treatment of wound. Most commonly used treatment, wound dressing is more advanced and available in different forms to better suit the patient need and clinician choice.
Soft tissue repair process is characterized by replacement of injured or destroyed tissues by healthy tissues. Factors such as increasing incidence of soft tissue injuries, lack of substitutes for soft tissue repair surgery, rising treatment awareness and increasing demand for minimally invasive procedure are driving the growth of soft tissue repair market globally.
Tumor ablation is a minimally invasive surgical procedure used to treat solid cancers. Factors such as rising prevalence of different forms of cancer, technological advancements in the field of ablation, rising awareness regarding the benefits offered by ablation procedures over conventional surgical procedures and rising number of hospitals, surgical and ablation centers are driving the growth of tumor ablation market globally.
Global Medical Devices Market Analysis
The worldwide medical devices market is expanding fast. Its value was predicted to touch the revenue mark of 227 billion dollars by the end of year 2015 from 163 billion dollars in year 2010. It marks the yearly growth of about 8.1% as per the current market research report.
As with many of the market segments, the medical devices market segment was also affected due to the global recession although it had not impacted the overall growth of the market segment. Minor firms, unable to pick up the slack of product growth prices formerly covered by investors and venture capitalists and made more vigilant by the fiscal slump were obliged to annihilate their activity. However ,few other small companies choose to merge with bigger firms, thereby continuing technical advancements without bearing full cost burden. Regional and global mergers & acquisitions permit cross border sharing of knowledge and resources promoting constant innovation in medical technology in spite of competitive economic or fiscal conditions.
Greater challenges posed to medical devices section includes taxes on items in the foreign markets plus inconsistent & drastically changing foreign rules and changing standards of execution.
Geographical Market Share
The medical devices market covers a broad range of products utilized in treating patients that includes diagnostic equipments, cardiovascular instruments, dental devices, medical devices , medical supplies, respiratory equipments, ophthalmic equipments, surgical devices and orthopedic equipments.
Geographically speaking, USA , lying in sub continent of North America, is the market leader holding 40% market share of the global medical devices market. It creates half of the global market demand for medical devices industry. Countries like India, China, Korea and Taiwan lying in APAC region and Brazil lying in South America are the future competitors of USA.
USA was forecasted to touch the revenue margin of 140 billion dollars in year 2013 as per the market reports.
While demand for medical devices in developed economies like Canada, European Union, Japan and US remain stable with annual growth rates ranging between three to five percent, developing nations are proved to be profitable for US exports, with heavy demand from markets sectors of China and India. Significant population and healthy fiscal growth of China makes it an growingly promising niche market. India is also considerably seen as a potential export market for the US medical devices section owing to the increment in its rich population along with a strong blending of its private healthcare systems.
Today, medical devices market of Holland and Germany in Europe offers tough competition to United States.
Industry Overview
Medical devices market study displays that the market sector is expected to grow further in future with USA retaining its top spot. The US will continue to lead the medical devices industry owing to use of cutting edge technology and heavy demand from emerging markets Like China and India. The medical devices market is growing by and large on account of rise in aging population across the globe and growing risk factors. Particularly, diet related chronic ailments like cardiovascular ailments and diabetes continue to generate demand for medical devices market sector.
Equally, the requirement for medical devices continue to increase, with average life expectancy rising nearly about more than 20 years since last fifty years. Between 2000 and 2050, developed regions will witness an increase of about 34% in population of senior citizens (those persons who have crossed the age of 60 years). As per the UN report on ageing population , by the end of 2050, life expectancy will reach 80 years of age for almost sixty percent of the universal female population. This geriatric population along with its life pattern related ailments is the assurance of growing market demand for the medical devices sector.
