Report Title
The global compression therapy market generated USD 3.92 billion revenue in 2022, and it is projected to witness a CAGR of 5.80% during 2022–2030, reaching USD 6.15 billion by 2030.
The legionella testing market generated USD 299.0 million revenue in 2022, and it is projected to witness a CAGR of 8.0% during 2022–2030, reaching USD 554.0 million by 2030.
The global brain monitoring market generated USD 6,159 million revenue in 2022, and it is projected to witness a CAGR of 6.50% during 2022–2030.
The global behavioral health software market generated revenue of USD 2,831 million in 2022, which is expected to witness a CAGR of 16.10% during the forecast period, reaching USD 9,346 million by 2030.
The global hemostats market generated revenue of USD 3.01 billion in 2022, which will reach USD 4.73 billion by 2030, advancing at 5.80% CAGR between 2022 and 2030.
The global dental equipment market generated revenue of USD 6,349.4 million in 2022, which is expected to observe a CAGR of 7.9% during 2022–2030, to reach USD 11,632.4 million by 2030.
The global RTU cartridges market was valued at USD 149.78 million in 2022, and the industry size will reach USD 294.05 million by 2030, advancing at a CAGR of 8.7% during 2021–2030.
The closed system transfer devices market size stood at USD 1,134 million in 2022, and it is expected to grow at a compound annual growth rate of 15.20% during 2022–2030, to reach USD 3,516 million by 2030.
The global endoluminal suturing devices market was valued at USD 102.3 million in 2022, which is expected to reach USD 258.1 million by 2030, growing at a CAGR of 12.3% during the estimated time period.
The global pharmacy automation market was valued at USD 5,782.1 million in 2022, which is expected to reach USD 10,337.7 million by 2030, growing at a CAGR of 7.5% during 2022–2030.
The global anastomosis devices market was valued at USD 2,912.7 million in 2022, which is expected to reach USD 5,535.1 million by 2030, growing at a CAGR of 8.5% during the projected period.
The restorative dentistry market size stood at USD 15,789.2 million in 2022, and it is expected to grow at a CAGR of 6.2% during 2022–2030, to reach USD 25,608.0 million by 2030.
The global rapid test kit market was valued at USD 23,043.3 million in 2022, which is expected to reach USD 46,139.9 million by 2030, growing at a CAGR of 9.1% during 2022–2030.
The global biological safety cabinet market generated revenue of USD 276.8 million in 2022, which is expected to witness a CAGR of 7.9% during 2022–2030, to reach USD 507.1 million by 2030.
The global medical power supply market size was valued at USD 1,432.2 million in 2022, which is expected to reach USD 2,394.5 million by 2030, growing at a CAGR of 6.6% during 2022–2030.
The global MRI systems market valued USD 8,924 million in 2022, and it is projected to register a CAGR of 6.60% during 2022–2030, reaching USD 14,880 million by 2030.
The global sternal closure systems market generated USD 2,212.3 million in 2022, which is expected to rise to USD 3,323.4 million by 2030, witnessing 5.2% CAGR between 2022 and 2030.
The drug of abuse testing market size stood at USD 6,321.2 million in 2022, which would rise at 6.5% CAGR during 2022–2030, to reach USD 10,485.7 million by 2030.
The global hematology testing market size stood at USD 3,987.4 million in 2022, which is expected to reach USD 6,335.9 million by 2030, advancing at a CAGR of 6.0% during 2022–2030.
The global minimally invasive surgical instruments market was valued at $21,312.4 million in 2022, and this number is expected to reach $37,155.7 million by 2030, advancing at a CAGR of 7.2% during 2022–2030.
The sleep apnea devices market size stood at $7,687.3 million in 2022, and it is expected to grow at a CAGR of 7.2% during 2022–2030, to reach $13,386.5 million by 2030.
The orthodontic supplies market size stood at $5,206 million in 2021, and it is expected to grow at a CAGR of 8.90% during 2021–2030, to reach $11,214 million by 2030.
The global intraoperative neuromonitoring market size was valued at $3.23 billion in 2021, and this number is expected to increase to $4.93 billion by 2030, advancing at a CAGR of 4.8% during the forecast period.
The ultrasound devices market size stood at $6,929.7 million in 2021, and it will witness a CAGR of 6.4% during 2021–2030, to increase to $12,073.4 million by 2030.
The nuclear imaging equipment market size stood at $2,651.3 million in 2021, and it is expected to grow at a CAGR of 6.0% during 2021–2030, to reach $4,463.7 million by 2030.
The global neurostimulation devices market size in 2021 was $6,095.2 million, and it is expected to advance at a CAGR of 9.9% during 2021–2030, to reach $14,239.5 million by 2030.
The global patient handling equipment market size stood at $12,599.5 million in 2021, which is expected to reach $15,917.8 million by 2030, advancing at a CAGR of 2.6% during 2021–2030.
The global surgical sutures market was valued at $4.1 billion in 2021, and it is expected to reach $6.8 billion by 2030, growing at a significant CAGR of 5.9% between 2021 and 2030.
The North American ambulatory infusion pumps market was valued at $953.1 million in 2021, and the market size is predicted to reach $1,989.8 million by 2030, advancing at a CAGR of 8.5% during 2021–2030.
The respiratory care device market stood at $19,257.2 million in 2021, and it is expected to observe a compound annual growth rate of 7.9% during 2021–2030, to reach $38,085.6 million by 2030.
The global HIV diagnosis market size stood at $4.13 billion in 2021, which is expected to reach $9.55 billion by 2030, advancing at a CAGR of 9.7% during 2021–2030.
The global biosensors market size stood at $25.2 billion in 2021, which is expected to reach $49.3 billion by 2030, advancing at a CAGR of 7.8% during 2021–2030.
The global wearable injectors market revenue stood at $6.95 billion in 2021, which is set to reach $20.21 billion by 2030, advancing at a CAGR of 12.6% during 2021–2030.
The global nerve repair and regeneration market size stood at $6.2 billion in 2021, which is expected to reach $17.47 billion by 2030, advancing at a CAGR of 12.2% during 2021–2030.
The global advanced wound care market size stood at $8.05 billion in 2021, which is expected to reach $13.4 billion by 2030, advancing at a CAGR of 5.8% during 2021–2030.
The portable ultrasound device market size stood at $1,866.4 million in 2021, and it is expected to grow at a CAGR of 7.2% during 2021–2030, to reach $3,488.3 million by 2030.
The microfluidic devices market size stood at $14,218.6 million in 2021, and it is expected to grow at a CAGR of 17.3% during 2021–2030, to reach $59,785.3 million by 2030.
The global computed tomography market size was valued at $41,669.68 million in 2021, and it will grow at a CAGR of 7.10% during 2021–2030, to reach $77,254.79 million by 2030.
The global X-ray systems market size was $6,866.64 million in 2021, and it will grow at a CAGR of 3.68% during 2021–2030, to reach $9,504.33 million by 2030.
The global ventilator market size stood at $1,560.30 million in 2021, and it will grow at a CAGR of 7.1% during 2021–2030, to reach $2,887.32 million by 2030.
The global surgical retractors market size was valued at $1,719.2 million in 2021, and it will grow at a CAGR of 6.7% during 2021–2030, to reach $3,088.8 million by 2030.
Operating room integration market was valued $1,345.9 million in 2021, and it will advance at a CAGR of 11.1% between 2021 and 2030.
The global pressure relief devices market size is expected to reach $5,923.9 million by 2030 from $3,361.1 million in 2021, advancing at a CAGR of 6.5% during 2021–2030.
The global extracorporeal membrane oxygenation machine market size stood at $529.4 million in 2021, and it is projected to reach $834.5 million by 2030, advancing at a CAGR of 5.2% during 2021–2030.
The global endoprosthesis market size stood at around $23,611.4 million in 2021, and it will grow at a CAGR of 12.1% during 2021–2030, to reach $65,997.9 million.
The global endodontic devices market was valued at $1,492.0 million in 2021, and it will advance at a CAGR of 4.8% during 2021–2030, to reach $2,283.4 million by 2030.
The global patient temperature monitoring market size stood at $3,294.8 million in 2021, and the market size will advance at a CAGR of 7.0% during the forecast period, to reach $6,039.3 million by 2030.
The global eye testing equipment market revenue stood at $2,852.2 million in 2021, and it is set to increase to $5,246.1 million by 2030, advancing at a CAGR of 7.0% during 2021–2030.
The medical image analysis software market size stood at $3,112.7 million in 2021, and it is expected to grow at a compound annual growth rate of 8.3% during 2021–2030, to reach $6,388.9 million by 2030.
The energy-based aesthetic devices market size was $2,661.6 million in 2021, and it is expected to reach $6,326.2 million in 2030, with a growth rate of 10.1% during 2021–2030.
The global particle therapy market size stood at $797.1 million in 2021, which is expected to reach $1,634.4 million by 2030, propelling at a CAGR of 8.3% during 2021–2030.
The global ocular implants market size stood at $10,079.7 million in 2021, and it is expected to advance at a CAGR of 6.2% during 2021–2030, to reach $17,279.4 million by 2030.
The global endoscopic retrograde cholangiopancreatography market size stood at $1,270.9 million in 2021, which is expected to reach $2,557.7 million by 2030, advancing at a CAGR of 8.1% during 2021–2030.
The global interbody spine implants market revenue was valued at $1,904.8 million in 2021, and it is expected to reach $2,471.8 million by 2030, advancing at a CAGR of 2.9% during 2021–2030.
The global electrophysiology market size stood at around $7,076.1 million in 2021, and it will grow at a CAGR of 10.6% during 2021–2030.
The global medical radiation detection, monitoring, & safety market generated revenue of $2,140.8 million in 2021, and the market size will advance at a CAGR of 8.3% during the forecast period, to reach $4,373.8 million by 2030.
The global needle-free injection systems market was valued at $151.0 million in 2021, and it is projected to expand with a CAGR of 13.3% during 2021–2030, to generate $466.2 million by 2030.
The tangential flow filtration market revenue stood at $1,237.6 million in 2021, and it is expected to advance at a CAGR of 12.8% during 2021–2030.
The global surgical instrument tracking system market size was $209.1 million in 2021, which is expected to reach $627.4 million by 2030, advancing at a CAGR of 13.0% during 2021–2030.
The flow cytometry market size stood at $4,874.1 million in 2021, which is expected to reach $10,065.4 million by 2030, progressing at a CAGR of 8.4% during 2021–2030.
The infusion pumps market generated a revenue of $12,825.9 million in 2021, and it is expected to grow at a CAGR of 8.7% during 2021–2030, to reach $27,133.7 million by 2030.
The global spinal X-ray and CT market accounted for revenue of $917.9 million in 2021, which is expected to reach $1,602.0 million by 2030, advancing at a CAGR of 6.4% during 2021–2030.
The U.S. endoscope repair market stood at $405.6 million in 2021, which is expected to reach $990.7 million by 2030, progressing at a CAGR of 10.4% during 2021–2030.
The global cardiac monitoring market size stood at $7,965.7 million in 2021, which is expected to reach $16,124.0 million by 2030, at a CAGR of 8.2% during 2021–2030.
The dental X-ray market size was $1,892.6 million in 2021, and it is likely to advance with a CAGR of 14% during 2021–2030.
The surgical robots market generated a revenue of $6,281.1 million in 2021, and it is expected to advance at a CAGR of around 19% during 2021–2030.
The global ENT devices market accounted for a revenue of $17,439.8 million in 2021, and it is expected to reach $31,805.3 million by 2030, advancing at a CAGR of 6.9% during 2021–2030.
The portable minimally invasive surgery simulators market size was $148.6 million in 2021, and it is set to grow at a 13.9% CAGR during 2021–2030.
HAI control market size was $30,224.7 million in 2021, and it is predicted to reach $34,909.7 million by 2030.
Global brain modalities and software market size is forecasted to increase at a CAGR of 5.2% between 2021 and 2030.
The external defibrillator market size stood at $4,111.4 million in 2021, which is expected to reach $8,709.2 million by 2030, advancing at a CAGR of 8.7% during 2021–2030.
The global insulin delivery device market was valued at $9.9 billion in 2015 and is expected to witness a CAGR of 6.6% during 2016–2022 (forecast period).
The automated external defibrillator market size was $1,476.0 million in 2018, and it is projected to reach $3,991.5 million by 2030, advancing at a CAGR of 8.8% during 2019–2030.
The global sleep tech devices market generated $12,888.4 million revenue in 2020, and it is expected to grow at a CAGR of 14.5% during 2020–2030.
The global market for home-use beauty devices was valued at $9,571.6 million in 2020, and it is expected to reach $89,535.1 million in 2030, at a CAGR of 25.1% during 2020–2030.
The global single-use negative pressure wound therapy (NPWT) devices market generated $770.2 million revenue in 2020, and it is expected to grow at a CAGR of 8.1% during 2020–2030.
The global capnography devices market generated $422.1 million revenue in 2020, and it is expected to grow at a CAGR of 5.7% during 2020–2030.
The global surgical simulation market generated $366.5 million revenue in 2020, and it is expected to grow at a CAGR of 16.9% during the forecast period (2021–2030).
The global point-of-care ultrasound devices market generated $2,186.8 million revenue in 2020, and it is expected to grow at a CAGR of 7.9% during the forecast period (2021–2030).
The global home-use insulin delivery devices market generated revenue of $7,276.9 million in 2020, and it is expected to generate $19,087.6 million in 2030, advancing at a CAGR of 10.2% during forecast period (2021–2030).
The global medical disposables market was valued around $51 billion in 2020, which is projected to progress with healthy growth rate during the forecast period (2021–2030).
The global contact lenses market was valued around $7.5 billion in 2020, which is projected to witness healthy growth rate during the forecast period (2021–2030).
The global automated dispensing machines market generated $1,673.0 million revenue in 2020, and it is expected to grow at a CAGR of 9.1% during the forecast period (2021–2030).
The global brain implant market was valued around $4.5 billion in 2020. The major factors contributing to the growth of the market are the increasing cases of neurological disorders, such as Alzheimer’s, epilepsy, Parkinson’s, and essential tremors; rising healthcare expenditure, growing geriatric population worldwide, and surging number of people with depression.
The global wheelchair market stood at $5,386.0 million in 2020, and it is expected to grow at a CAGR of 7.9% during the forecast period (2021–2025). The major factors behind this lucrative growth include surging number of geriatric patients, improving healthcare infrastructure, enhancing post-treatment services, and increasing prevalence of obesity.
The global RTF/RTU vials market generated $306.5 million revenue in 2020, and it is expected to grow at a CAGR of 14.5% during the forecast period (2021–2030).
The global medical electrodes market generated revenue of $842.9 million in 2020, and it is projected to showcase a CAGR of 6.7% during the forecast period (2021–2025).
The global vials market generated revenue of $1,263.0 million in 2020, and it is expected to grow at a CAGR of 8.6% during the forecast period (2021–2030).
The global medical cartridges market generated revenue of $920.8 million in 2020, and it is expected to grow at a CAGR of 6.4% during the forecast period (2021–2030).
The global prefilled syringes market generated $1,914.1 million revenue in 2020, and it is expected to grow at a CAGR of 6.8% during the forecast period (2021–2030).
The North American market for medical device and equipment maintenance and calibration services by independent service organizations (ISOs) accounted for $1,468.8 million revenue in 2019, and is expected to grow at a CAGR of 8.9% during the forecast period (2021–2030).
The radiofrequency (RF) ablation devices market revenue stood at $3,173.5 million in 2019, and it is expected to advance at a 12.6% CAGR during 2020–2030.
The global medical equipment maintenance market was valued at $17.4 billion in 2019, which is expected to grow at a CAGR of 9.4% during the forecast period (2020–2030).
Skincare devices are used to rejuvenate and provide nourishment to the skin without any professional guidance. Some of the major applications of home-use skincare devices are skin tightening, skin toning, skin rejuvenation, and body contouring.
Home air quality monitoring systems are used to measure and monitor air quality; wind speed, direction, other weather parameters; concentration of air pollutants; and particulate matters in the air.
The global diagnostic imaging systems market was valued at $38.9 billion in 2019, and it is expected to witness a CAGR of 5.8% during the forecast period (2020–2030).
The global photoacoustic imaging market size was $39.8 million in 2019, which is projected to reach $279.3 million by 2030, growing at a CAGR of 20.3% during the forecast period (2020–2030).
The pulse oximeter monitors the oxygen saturation of a patient's blood and changes in the blood volume in the skin, producing a photoplethysmogram (PPG), which may be further used for other measurements.
The in vitro diagnostics (IVD) market size was $63.5 billion in 2019, and it will witness a 6.6% CAGR during 2020–2030.
The orthopedic garments market in Latin America (LATAM) generated $223.1 million revenue in 2019, which is expected to grow at a CAGR of 5.2% during the forecast period (2020–2030).
The Latin American (LATAM) fracture management market size stood at $592.0 million in 2019, and it is expected to reach $1,002.9 million by 2030, advancing at a CAGR of 5.1% during the forecast period (2020–2030).
The Latin American (LATAM) physiotherapy tapes and bandages market size was $30.4 million in 2019, and it is expected to reach $39.8 million by 2030, witnessing a CAGR of 2.7% during the forecast period (2020–2030).
The exoskeleton market revenue stood at $290.3 million in 2019, and it is projected to reach $6,957.9 million in 2030, advancing at a CAGR of 35.9% during 2020–2030.
The nebulizer market size was $765.1 million in 2019, and it is projected to reach $1,698.1 million by 2030, progressing at a CAGR of 7.4% during 2020–2030.
The global skincare devices market size was $9,531.9 million in 2019, and it is expected to reach $28,157.2 million in 2030, witnessing a CAGR of 11.0% during the forecast period (2020–2030).
The global hospital bed market size was $3,712.1 million in 2019, and it is predicted to progress at a CAGR of 7.5% during the forecast period (2020–2030).
The U.S. prostate cancer treatment devices market size was valued at $95.9 million in 2019, and it is expected to progress at a CAGR of 5.6% during the forecast period (2020–2030).
The U.S. medical equipment maintenance market size was $8,262.2 million in 2019, and it is expected to progress at a CAGR of 9.2% during the forecast period (2020–2030).
The global medical robotic systems market valued $7.6 billion in 2019, and it is projected to grow with a CAGR of 20.2% during 2020–2030.
The Indian solid and diode medical lasers market generated revenue of $12.3 million in 2019, and it is expected to progress with a CAGR of 13.7% during the forecast period (2020–2030).
The global aortic valve market size was $7,568.3 billion in 2019, which is set to progress at a CAGR of 13.2% during the forecast period (2020–2030). The rising prevalence of valvular diseases and initiatives being taken for creating awareness on valve replacement are boosting the demand for these products in the market.
The medical gloves market revenue stood at $6,633.4 million in 2019, and it is projected to advance at a CAGR of 10.8% between 2020 and 2030.
Valued at $46.0 million in 2019, the Hong Kong wound care market size is projected to witness a CAGR of 5.4% during the forecast period (2020–2030). The growing geriatric population, increasing prevalence of diabetes, and high incidence of traumatic injuries are the key growth factors driving the market.
The radiotherapy market revenue stood at $7,222.4 million in 2019, and it is expected to advance at a CAGR of 8.4% during 2020–2030.
In 2019, the Italian online automated external defibrillator (AED) market size was $1,751.9 thousand, and it is further expected to advance at a CAGR of 3.4% during the forecast period (2020–2030).
The Middle East and Africa (MEA) energy-based aesthetic devices market generated revenue of $92.8 million in 2019, and it is expected to advance with a CAGR of 7.1% during the forecast period (2020–2030).
The defibrillator market value was $9,621.2 million in 2019, and the industry is predicted to progress at a CAGR of 7.2% from 2020 to 2030.
The global personal protective equipment (PPE) market, which was valued at $48.7 billion in 2019, is projected to advance at a 7.7% CAGR during the forecast period (2020–2030).
Valued at $14.3 billion in 2019, the global catheter market size is projected to witness a CAGR of 8.8%, during the forecast period (2020–2030).
Sanitization robot is a programmable system that is able to carry out various assigned and specific tasks, including spraying disinfectants in public places and residential and commercial areas. Moreover, some of these robots also have hand sanitizer–dispensing function to control the spread of viruses and help healthcare workers.
Bronchoscopy is a medical procedure carried out by inserting a thin tube through the nasal passage to diagnose breathing problems and lung disorders, such as tumors and infections.
A contactless or infrared thermometer scans the infrared heat emitted from the body to determine the temperature and shows the result in digital format on a liquid crystal display (LCD) screen.
Otorhinolaryngology is the medical discipline involving the assessment, diagnosis, treatment, and management of diseases, abnormalities, and other health problems affecting the ears, nose, and throat (ENT), as well as the head and neck, mouth, sinus, and voice box (larynx).
From $2,141.3 million in 2019, the global surgical, face, and respiratory mask market is projected to grow to $15,696.2 million by 2030, experiencing a CAGR of 5.7% during the forecast period (2020–2030).
Medical devices need to be cleaned, disinfected, and sterilized at regular time intervals to minimize hospital-acquired infection. Moreover, proper cleaning and maintenance of medical devices is essential in order to reduce the risks associated with improper or inadequate medical device reprocessing.
Resuscitation is the action or process of reviving breaths of a patient in unconsciousness or apparent death stage. The resuscitator keeps patient oxygenated and alive by using positive pressure to inflate the lungs.
Surgical robots perform robotic surgeries with the help of robotic arms, controlled by surgeons through computers. A robotically assisted surgical (RAS) device is a type of computer-assisted surgical system that enables the surgeon to use advanced software to control and move surgical instruments through one or more tiny incisions in the patient’s body (minimally invasive) for a variety of surgical procedures.
Coronavirus was initially identified in the Guangdong province of southern China in November 2002. Known by the name, severe acute respiratory syndrome coronavirus (SARS-CoV) is thought to be an animal virus that emerged from bats and became epidemic by affecting 26 countries and further resulting in more than 8,000 cases in 2003.
Globally, North America held the largest share in the anesthesia ventilator market in 2019.
The isolation room market is expected to witness robust growth in the coming time
Cochlear implant is a device that improves the localization of sound or speech, even in a noisy background for patients with hearing loss due to damaged cochlea. Cochlea, which is present inside the ear and resembles the shell of a snail, is a delicate structure surrounded by tiny hair-like projections, which bend due to sound vibrations and let people hear.
From $801.5 million in 2019, the global aspiration and biopsy needles market size is projected to increase to $1,717.9 million by 2030, at a CAGR of 7.2% during 2020–2030 (forecast period).
The wearable medical devices market value was $10.6 billion in 2019, and it is predicted to rise to $67.2 billion by 2030.
From $830.3 million in 2019, the lancet market value is predicted to progress at a CAGR of 9.5% between 2020 and 2030.
Valued around $1.4 billion in 2018, the global wound care biologics market is projected to generate revenue worth $2.0 billion by 2024, exhibiting a CAGR of 7.0% between 2019 and 2024.
Valued at $770.8 million in 2018, the global surgical navigation system market is projected to generate $1,167.6 million revenue by 2024, witnessing a CAGR of 7.3% during the forecast period (2019–2024).
Valued at $687.3 million in 2018, the U.S. pulse and regional oximeters market is projected to generate revenue worth $1,101.4 million by 2024, witnessing a CAGR of 8.2% during the forecast period (2019–2024).
Valued at $2,101.0 million in 2018, the global pulse and regional oximeters market is projected to generate $3,365.0 million revenue in 2024, witnessing a CAGR of 8.2% during the forecast period (2019–2024).
The endoscope market size was $18.9 billion in 2018, and it is expected to reach $28.4 billion by 2024, displaying a CAGR of 7.2% during 2019–2024.
Valued at $872.0 million in 2018, the global anti-aging and skin rejuvenation energy-based aesthetic devices market is projected to generate $1,612.2 million revenue by 2024, witnessing a CAGR of 11.2% between 2019 and 2024.
Valued at $1,979.0 million in 2018, the global pulse oximeter market is projected to generate revenue worth $3,177.7 million by 2024, witnessing a CAGR of 8.3% between 2019 and 2024.
Valued at $493.5 million in 2018, the global robotic catheter systems market is projected to generate revenue worth $656.8 million by 2024, witnessing a CAGR of 5.2% between 2019 and 2024.
The global network connected medical devices market generated $19.5 billion revenue in 2018. The market is projected to advance at a CAGR of 23.5% during the forecast period, mainly on account of increasing penetration of network connected medical devices in healthcare, adoption of advanced smart phone-based mHealth technologies, rising prevalence of chronic conditions, and growing investment by government and private organizations, across the globe.
The global small joint reconstructive implants market generated $7.4 billion revenue in 2018, and is expected to grow with a CAGR of 5.5% during the forecast period, mainly on account of rising incidences of arthritis, surging geriatric population, and increasing prevalence of osteoporosis, across the globe.
The European Union (EU) point-of-care ultrasound (PoCUS) device market is expected to reach $230.9 million by 2024, registering a CAGR of 6.1% during the forecast period.
The North American diagnostic imaging systems market is expected to generate $17.7 billion revenue by 2024, progressing at a CAGR of 5.0% during the forecast period.
The catheters and bands market in India, Sri Lanka, Bangladesh, and Nepal is estimated to generate $65.3 million revenue in 2018, and is projected to showcase a CAGR of 6.6% during 2014-2024.
The interventional radiology market revenue stood at $19.0 billion in 2018, and the market is expected to advance at a CAGR of 6.4% between 2019 and 2024.
Cataract refers to clouding of the lens in the eye that affects vision. The lens is made of mostly water and protein, but as we age, some of the protein may clump together and start to cloud a small area of the lens. Clumps of protein reduce the sharpness of the image reaching the retina.
The global home healthcare market size is expected to register significant growth in the coming years. This is attributed to the rising prevalence of chronic diseases, including diabetes, cardiovascular diseases, and respiratory diseases, increasing geriatric population, and surging patient pool.
The global pacemaker market size is expected to grow significantly in the coming years. This is because of the rising prevalence of cardiovascular diseases across the world, technological advancements in the domain, surging aging population, and favorable reimbursement scenario in developed countries.
Effective and efficient infection control is essential to prevent cross-contamination for the safety of patients during dental procedures. Increasing focus on maintaining productivity while ensuring patient safety has empowered practices to develop contamination-free procedures, while realizing efficiencies and cost effectiveness.
Continuous glucose monitoring system is a device inserted on skin which is a boon for the diabetes patients as it helps to monitor real time glucose levels in interstitial fluids of the patients. It helps in giving continuous information about the glucose levels and suggesting or maintaining the glucose level in patients.
The European durable medical equipment market is estimated to generate $37.9 billion revenue in 2018, and is further expected to advance at a CAGR of 6.6% during the forecast period. Increasing prevalence of chronic diseases and lifestyle disorders, and growing geriatric population are some of the key factors driving the growth of the market in the region.
The North American defibrillators market was valued $6.1 billion in 2017 and is projected to register a CAGR of 4.9% during 2018–2023, on account of factors, such as advancements in the defibrillation technology, surging aging population, rising incidence of cardiac diseases, and growing demand for automated external defibrillators (AEDs) in the region.
The global flexible and semi-rigid ureteroscopy market is expected to witness considerable growth during the forecast period, due to swelling prevalence of kidney stone-related disorders, globally. Moreover, technological advancements taking place in flexible and semi-rigid ureteroscopes for the treatment of urolithiasis are also boosting the growth of the market.
Capsule endoscopes when swallowed by the patients are used to record internal images of the gastrointestinal tract for use in medical diagnosis. Growing prevalence of chronic diseases, such as cancer and gastrointestinal diseases; increasing geriatric population; and rising number of technological advancements in capsule endoscopes are positively impacting the growth of the global capsule endoscopes market.
The increasing incidence of heart diseases is a notable factor driving the growth of the global cardiovascular devices market. According to the Centers for Disease Control and Prevention (CDC), coronary heart disease is the most common type of heart diseases which is responsible for over 370,000 deaths annually, in the U.S.
In the coming years, the global home infusion therapy market size is expected to grow substantially, primarily because of the increasing adoption of home infusion therapy and rising prevalence of chronic diseases.
The global intracranial stents market is projected to demonstrate significant growth during the forecast period. Factors contributing to the growth of the market include large pool of patients suffering from brain aneurysm and stroke; and increase in the prevalence of high blood pressure, which is a high-risk factor for cerebral aneurysm.
In the coming years, the breast implants market is projected to observe monumental growth, as a result of the increasing focus on appearance, rising incidence of breast cancer, easy availability of such products, escalating volume of procedures for breast augmentation, and surging disposable income.
The global needles market is expected to witness substantial growth in coming years, mainly due to the rising prevalence of chronic diseases, surging geriatric population, increasing number of hospitals in emerging economies, and rising demand for vaccines globally.
The global interventional cardiology devices market is expected to witness considerable growth during the forecast period, owing to the increasing prevalence of coronary artery disease (CAD), rising geriatric population, technological advancements in interventional cardiology devices, and growing demand for non-invasive treatments.
The global sinus dilation devices market size is expected to witness considerable growth in the coming years. The market is registering growth because of the surging geriatric population, technological advancements, favorable reimbursement scenario in developed nations, increasing adoption of minimally invasive surgeries, and rising prevalence of sinusitis across the world.
In the near future, the global angiography equipment market size is predicted to grow significantly due to the increasing prevalence of cancer and cardiovascular diseases, surging geriatric population, rising requirement for angiography systems for minimally invasive surgeries, increasing funding from government organizations and institutes, and growing awareness programs regarding metabolic and cardiovascular diseases.
Wearable heart monitoring devices refers to wearable heart monitors that measure and display heart rate, in other words, they provide a real time measurement of heart rate. In addition, these heart monitors measure breathing rate and core temperature of the body.
The global self-monitoring blood glucose devices market generated $13.2 billion revenue in 2017 and is projected to witness a CAGR of 5.9% during the forecast period. The growth in the market is characterized by the increasing prevalence of diabetes, surge in geriatric population, technological advancements, increasing awareness about diabetic care, rise in obese population, and favorable health insurance and reimbursement scenario.
The global dental implants and prostheses market generated $7.2 billion revenue in 2017 and is predicted to progress at a CAGR of 6.1% during 2018–2023. Increasing prevalence of dental problems, increasing popularity of cosmetic dentistry procedures, rising dental implant surgeries, increasing awareness and concern about oral hygiene, rising geriatric population and increasing healthcare expenditure are the factors driving the market growth.
The global medical display monitor market generated $2.1 billion revenue in 2017 and is projected to showcase a CAGR of 4.9% during the forecast period. Increasing prevalence of chronic diseases, rising adoption of hybrid operating room (OR) technologies, growing demand for minimally invasive treatments, and short replacement cycle of medical display technologies are the key factors driving the market growth.
The global transradial access devices market size was valued at $14.9 billion in 2017, and is expected to exhibit a CAGR of 8.4% during the forecast period. On the basis of product, catheters held a larger share in the transradial access devices market, accounting for more than 40% in 2017.
The global urology surgical instrument market generated a revenue of $8.3 billion in 2017, and is projected to showcase a CAGR of 8.6% during the forecast period. On the basis of product, the market is categorized into urology endoscopes, consumables and accessories, endovision systems, and peripheral instruments.
Global guidewires market is estimated to be valued at $816.3 million in 2017 and is projected to showcase a CAGR of 5.5% during the forecast period. Based on material type, the market has been categorized into nitinol, hybrid and stainless steel. Nitinol based guidewires acquired the largest share in the market and generated an estimated revenue of $385.6 million in 2017.
The global medical bionics market size is estimated to be valued at $ 16,226 million in 2017 and is projected to progress at a CAGR of 10.1% during the forecast period. Increasing accidents and injuries leading to amputations, rising number of people opting for organ transplants, and increasing pool of geriatric population and associated organ failures are some of the factors driving the growth of the global market.
The mammography systems market is poised for swift growth in the coming years, due to the rising incidence of breast cancer, government initiatives to make people aware about its early detection and for research and development (R&D) in the field of diagnosis and treatment, technological advancements, favorable reimbursement scenario in many nations, and surging geriatric population.
The nurse call systems market is predicted to progress significantly in the coming years, on account of the increasing geriatric population, surging healthcare expenditure, rising incidence of chronic diseases, heavy investments in the healthcare sector, surging number of product launches, as well as technological advancements, and wide availability of insurance policies.
Global positron emission tomography (PET)-computed tomography (CT) scanner market is expected to grow notably during the forecast period, because of the rising prevalence of chronic diseases and growing preference of people for minimally invasive procedures. On the basis of product, the market is categorized into stationary and portable/mobile scanners.
Global ureteral stents market is projected to grow at a steady pace during the forecast period, owing to the rising cases of kidney transplants, increasing incidence of urological diseases, and growing geriatric population. On the basis of product, the market is categorized into open-end, closed-end, double-pigtail, multiloop, and other stents.
Saudi Arabian surgical sutures market is estimated to be valued at $16.7 million in 2017 and is projected to grow at a CAGR of 3.6% during the forecast period. Based on product, the market has been categorized into sutures and automated suturing devices. Between the two, sutures are estimated to hold a larger share in the market, in 2017.
Valued at $761.2 million in 2017, the global breast biopsy devices market is expected to reach $1,426.2 million by 2023, progressing at a CAGR of 11.1% during the forecast period (2018–2023).
In the near future, the global ophthalmic lasers market size is projected to grow substantially, owing to the rising prevalence of different ophthalmic disorders and increasing demand for ophthalmic lasers to treat these disorders.
Smart patch act as non-invasive health monitoring sensors that can stick to the skin surface and measure the humidity and temperature. The global smart patch market is expected to witness significant growth during the forecast period due to increasing prevalence of chronic diseases and growing number of smart phone users.
The global vascular graft market is expected to witness significant growth due to increasing prevalence of vascular disorders, growing aging population and technological advancement in medical devices. Hemodialysis access graft, endovascular stent graft and peripheral graft are the three-different type of vascular grafts used for the treatment of various vascular disorders such as high blood sugar and hypertension.
Wearable fitness trackers market size is projected to grow at a CAGR of 16.5% during the forecast period. Increasing use of fitness tracking apps, rising demand for wireless and continuous health monitoring devices, raising awareness about obesity, and increase in disposable income are some of the factors driving the growth of the global market.
The global infant incubator market size is projected to achieve a lucrative growth based on the advent of technological innovations. The market was led by NICU incubator in 2017, on the basis of type of product, mainly due to the rise in the number of installations of these systems.
The global liquid biopsy market size is expected to witness extensive growth in the coming years due to the advent of technological innovations to develop minimal invasive biopsy testing, global rise in prevalence of cancer and associated research. Among different product & services, the largest market is for assay kits, globally, due to the increase in adoption of the tests over classical biopsy testing, and the wide application it renders.
The global glaucoma surgery devices market is expected to witness extensive growth in the coming years because of increasing prevalence of glaucoma and incidence of associated surgeries. The subsequent rise in glaucoma surgical procedures can be majorly attributed to increasing geriatric population across the world, which bears a higher risk of the disease due to the weak optic nerve as a result of aging.
The global in vitro fertilization (IVF) devices and consumables market was valued at $1.6 billion in 2016, which is expected to reach $5.0 billion by 2023, progressing at a CAGR of 17.9% during the forecast period (2017–2023).
The global intraocular lens market is expected to grow in the forecast period due to growing number of vision correction procedures, advances and innovations in intraocular lens products and cataract procedures and increasing prevalence of cataract. On the basis of product, the market is expected to be led by monofocal lens as they have a fixed focus for one distance, are less expensive and are beneficial for patients with cataract in both eyes.
The global electronic aspirin market is expected to witness considerable growth during the forecast period due to the increasing headache, stress related work and rise in demand for advanced medical devices. Electronic aspirin is a novel technology that aims to reduce pain in conditions such as migraines, cluster headaches and other head and facial pain. The key end user in the electronic aspirin market include hospitals, ambulatory surgical centers (ASCs) and others.
Digestible sensors market is expected to witness significant growth during the forecast period due to the increasing incidence of lifestyle associated diseases, growing aging population and rise in demand for medication adherence products. Vendors in the market offer strip sensors, ingestible sensors, invasive sensors, wearable sensors, and implantable sensor.
The global intraoral scanners market size is estimated to be valued at $251.1 million in 2017 and is projected to grow at a CAGR of 10.2% during the forecast period.
Valued at $1.0 billion in 2017, the global artificial disc market is projected to reach $3.4 billion by 2024, witnessing a CAGR of 18.8% between 2018–2024.
The global osseointegration implants market size was valued at $9.9 billion in 2017. It is expected to grow at a CAGR of 4.0% during the forecast period. In terms of size, the growth of the market was led by the increasing adoption of bone-anchored prostheses products. Bone-anchored prostheses held the largest share of the global osseointegration implants market in 2017 and the category is expected to lead the market in the coming years as well. This leading position of the category is mainly due to the increasing prevalence
The global disposable medical sensors market size was valued at $4.5 billion in 2016. It is expected to grow at a CAGR of 10.4% during the forecast period. In terms of size, the growth of the market was led by the increasing adoption of biosensor products. Biosensors held the largest share of the global disposable medical sensors market in 2016 and is expected to lead the market in the coming years as well. This growth is mainly attributed to increasing prevalence of diabetes and cardiovascular diseases, lucrative growth in
The global dialysis market is predicted to grow considerably in the coming years, on account of the rising prevalence of hypertension and diabetes, increasing number of people suffering from end-stage renal disease (ESRD), and surge in the funding for product development.
The global hybrid operating room market size is expected to grow considerably in the coming years. This is ascribed to the surging number of surgeries, technological advancements in hybrid operating room (OR) equipment, rising adoption of minimally invasive surgeries, and increase in number of cardiovascular, orthopedic, thoracic, and neurological disorders.
The Asia-Pacific hospital beds market size was $1.3 billion in 2015 and is forecasted to grow at a CAGR of 5.2% during the period 2016-2022. General beds have been witnessing the fastest growth, and are projected to grow at a CAGR of 5.6%, during the forecast period, among the various types of beds available in the market namely, birthing beds, pediatric beds, bariatric beds, pressure relief beds and others.
The global medical connectors market size was valued at $1.9 billion in 2016, and is projected to grow at CAGR of 6.3% during 2017 - 2023. The market is categorized into various types of products including board to board connectors, I/O rectangular connectors, push-pull connectors, radio-frequency connectors, disposable plastic connectors, hybrid connectors, power/high voltage connectors and others.
The hospital bed market size in North America was $1.5 billion in 2015 and is forecasted to grow at a CAGR of 4.9% during 2016-2022. Among the various types of beds available in the market such as birthing, bariatric, pediatric, pressure relief and other hospital bed, general beds contributed the maximum revenue, standing at $584.6 million in 2015, to the hospital bed industry in the region.
Europe hospital bed market achieved a value of $1.6 billion in the year 2015 and is forecasted to grow at a CAGR of 4.3% during 2016-2022. Depending upon the usage, there are variety of hospital beds that are available in the regional market such as general, birthing, pediatric, bariatric, pressure relief and others. Amongst the various types, general beds held the largest share of Europe hospital bed
The global obesity surgery devices market size was valued at $1.4 billion in 2016, and it is expected to grow at a CAGR of 9.9% during the forecast period. Obesity surgery is mainly performed through minimally invasive and non-invasive surgical procedures. The minimally invasive surgical procedures occupied larger share in 2016.
The artificial retina market is primarily driven by the increasing developments associated with sub retinal implants for the treatment of retinitis pigmentosa (RP). Sub retinal implants are placed behind the retina and have proven to be safe and restore useful vision to a majority of patients who are blind because of RP. Artificial retina is an implant which consists of an array of microelectrodes and is used for the individuals who are visually impaired due to retinal diseases. The progress of artificial retina is to restor
The global surgical staplers market size was valued at $3.2 billion in 2016, and it is projected to grow at 7.7% CAGR during the forecast period.
In the coming years, the global oral care/oral hygiene market size is projected to witness substantial growth due to the increasing incidence of dental caries and other periodontal diseases, technological innovations in oral care/oral hygiene products, surging number of small/private dental clinics with dental dispensaries, and rising awareness regrading oral hygiene.
Medical Tapes are used as a medicine and first aid to hold a bandage or other dressing onto a wound. These tapes are designed to hold firmly to skin, dressing materials, and underlying layers of the skin (due to the presence of adhesive), without damaging the skin, and allow air to pass through them and reach the skin. Some breathable tapes such as Kinesiology Tape, and other elastic bandages with adhesives, are made of cotton. Surgical tape is often white because it contains zinc oxide, which is added to prevent infections.
Infertility is a condition where, a person is unable to reproduce by natural means. Treatment of the infertility depends on the cause of the condition. The various causes of infertility include sexually transmitted infections, genetic problems, DNA damage due to smoking, diabetes mellitus, and toxins such as chemical dusts, glues and pesticides. According to the Center for Disease Control and Prevention (CDC), there are around 6.9 million women aged 15-44 years, who have ever used infertility services. The global infertility
The breast pump market is predicted to observe robust growth in the near future, as a result of the favorable reimbursement policies for their purchase, increasing number of women in the workforce, rising awareness related to the benefits of such devices, and surge in the birth rate.
Spectral computed tomography (CT) is a scanning device that is used for medical imaging for diagnosis in case of cancer, tumor development, cardiovascular impairment, aneurysm and other bone related disorders. Spectral CT has been considered as the next phase of the widely accepted computed tomography (CT) providing an effective imaging modality. The computed tomography reconstructs an object's internal structure, from a sequence of X-ray transmission images. Computed tomography functions by detecting the number of photo
Trauma products refer to the products that are used for the physical injuries and wounds caused by the external sources. In some of the major trauma cases, the injuries might lead to long term complications such as chronic pain, infections, and long-term disability. Trauma injuries include the injuries causing severe damage to the body parts such as fractures, dislocations, traumatic amputations, and damage to soft tissues. With the increase in incidence of accidents and natural disasters, the global trauma products market i
Medical device reprocessing is the process of cleaning, disinfecting, remanufacturing and testing, packaging, labelling, and sterilizing of already used medical devices. Medical devices reprocessing facilitates in reusing medical devices and treating multiple patients. Medical devices get contaminated with the repeated use on the patient; therefore, these are reprocessed to avoid the risk of infection. Inadequate reprocessing can also result into tissue irritation, health care associated infections, and threat to the patient
Medical supplies are the medical instrument and device supplies, that are used in various medical centers, medical institutions and hospitals. Various medical instruments and devices include thermometers, glucose meters, blood processing devices, wound care instruments and accessories, and monitoring systems. The demand for the medical supplies is experiencing an increasing trend since the market players are introducing technically advanced medical supplies that
Rehab equipment are re-usable equipment which aid patients in their daily chores. It is one of the effective ways to treat a patient recovering from long-term injury or illness. It accelerates the recovery process of the patient. Over the last decade, there has been a considerable growth in the global rehab equipment market due to advancement in technology and government reforms such as long-term care insurance, 2000 in Japan. It is expected to grow further during the
The global medical lasers market was valued at $5.1 billion in 2016 and is projected to grow at a CAGR of 13.4% during the forecast period. This growth would be mainly led by increasing demand for medical lasers used in the treatment of various diseases, rising number of aesthetic procedures, and growing demand for non-invasive treatments.
The global transdermal drug delivery systems market was valued at more than $30 billion in 2016 and is forecasted to grow at a substantial CAGR of around 10% during the forecast period (2017-2023).
Auto-injectors refer to a pen like medical device used for injecting a specific dose of drugs to patients. They are spring-loaded syringes that are especially designed for safe administration of the drugs with ease. These offer various added features over other traditional devices, which were not user friendly and led to frequent visits to doctors. The two types of auto-injectors currently available in market are prefilled and fillable. The prefilled auto-injectors has been the larger segment in the global auto-injectors mar
Active implantable medical device refers to any active medical device which is intended to be totally or partially introduced, surgically or medically, into the human body or by medical intervention into a natural orifice, and which is intended to remain after the procedure. Based on the product type different active implantable medical device products include implantable cardioverter defibrillators, neurostimulators, implantable cardiac pacemakers, implantable hearing devices, ventricular assist devices, implantable heart m
Image guided surgery refers to the use of intraoperative or preoperative images for guiding surgeons during surgical procedures. Image guided surgery systems utilizes images for real-time correlation during surgery, so that the surgeons can precisely guide the surgical instruments to the anatomic structures, thus, minimizing the chances of errors and reducing the procedure time. The global image guided surgery devices market has been segmented on the basis of device type and application.
On the basis of product, the global market has been segmented into CT (computed tomography), MRI (magnetic resonance imaging), X-ray, Ultrasound, and Nuclear imaging (PET (positron emission tomography) and SPECT (single-photon emission computed tomography)). CT has been the largest segment in the global vascular imaging systems market. CT procedures involve large amounts of radiation doses than the conventional X-ray imaging procedures. For instance, adult abdominal CT produces 10 move, neonatal abdominal CT produces 20 move
The global phototherapy equipment market is witnessing considerable growth due to the increasing incidence of neonatal jaundice and increasing prevalence of skin problems including psoriasis, eczema and vitiligo. Moreover, the increasing adoption of LED-based phototherapy equipment and launch of technologically advanced products are further supporting the growth of the market. Among the various equipment types, the conventional phototherapy
The global women’s health diagnostic market is witnessing considerable growth due to increasing geriatric population, increasing healthcare expenditure, increasing incidence of lifestyle diseases in women and growing awareness among women about various health disorders. Moreover, growing prevalence of infectious diseases in women including hepatitis and HIV is supporting the growth of the market. Based on application, the prenatal genetic screening
The global over the counter (OTC) orthopedic braces market is witnessing considerable growth due to increasing geriatric population, increasing healthcare expenditure, increasing incidence of bone degenerative diseases and increasing prevalence of obesity. Moreover, commercialization of orthopedic braces and support products, their easy availability over the counter and through e-commerce websites in comparison to prescription-based
The global hyperspectral imaging market is witnessing considerable growth due to widening industrial application of hyperspectral, technological advancement in sensor design, increasing demand for data accuracy and consistency, and increasing number of research projects using hyperspectral imaging techniques. Moreover, increasing adoption of hyperspectral imaging in various medical procedures such as ophthalmology, gastrointestinal tract, mucosal membrane analysis, vascular system and surface tissue is supporting the growth
The global immunohistochemistry (IHC) market is witnessing considerable growth due to increasing geriatric population, increasing healthcare expenditure and growing awareness about histopathology. Moreover, growing prevalence of chronic diseases including cancer, cardiovascular disease, infectious diseases, autoimmune diseases, diabetes mellitus, and nephrological diseases is supporting the growth of the market. Based on product type
The global cosmetic or aesthetic laser market is witnessing considerable growth due to increasing geriatric population, increasing healthcare expenditure and growing awareness about noninvasive cosmetic procedures. Moreover, increase in innovative product launches and growth of medical tourism across the globe is supporting the growth of the market. Based on product type, standalone lasers segment lead the global cosmetic lasers market owing to its
Needle-free diabetes management refers to treatment, diagnosis and monitoring of diabetic patients without using needles. Needle-free diabetes management devices are used for injecting insulin and monitoring blood glucose level in diabetic patients. Controlling blood glucose levels in diabetes requires administration of insulin in human body, which is conventionally done by
The global respiratory diagnostic and monitoring device market generated revenue worth $4,348.1 million in 2015 and is expected to advance at a CAGR of 8.1% during 2016–2022 (forecast period).
The global hypodermic needle market is expected to advance at a CAGR of 7.4% during 2016–2022 (forecast period). Rise in the prevalence of chronic and other lifestyle-associated diseases and surge in geriatric population across the world are the key factors supporting the market growth.
The global laparoscopic devices market is witnessing considerable growth due to the increasing compliance for minimal invasive surgeries, technological advancements and increasing prevalence of colorectal cancer. Moreover, the increasing number of laparoscopic bariatric procedures and huge investments in laparoscopic bariatric market are supporting the growth of the global market.
The global pre-clinical imaging (in-vivo) market is growing significantly due to development of high resolution and sensitive imaging devices with various applications in the industry. Massive unexplored market in pre-clinical imaging (in-vivo) industry of developing economies are creating ample opportunities for the pre-clinical imaging (in-vivo) market to grow at a considerable
The global bathroom & toilet assist devices market size is predicted to grow significantly in the coming years. The reason for this is the growing acceptance of advanced technology, surging geriatric population, large patient pool, and rising awareness regarding assistive devices.
The global female fertility and pregnancy rapid test market is expected to generate $489.3 million by 2022, advancing at a CAGR of 4.5% during the forecast period (2016–2022).
The global peripheral I.V. catheter market is projected to generate revenue worth $5.5 billion by 2022, registering a CAGR of 6.0% during the forecast period (2016–2022).
The global hysteroscope market is estimated to generate $295.5 million revenue by 2022, progressing at a CAGR of 4.5% during the period, 2016–2022.
The global hearing aids market size is predicted to grow substantially in the coming years because of the rising adoption of these devices, increasing prevalence of hearing loss because of surging geriatric population, and growing awareness regarding technologically advanced devices for treating deafness.
The global spirometer market is growing due to growing awareness about the advanced respiratory care therapeutic and monitoring devices, increasing home use of spirometers, and technological advancement in respiratory care devices. The diagnostic application dominates the application segment of the market, as it is mainly used for the diagnosis of various
The global cranio maxillofacial implants market is growing, due to increasing frequency of fractures with the growth of aging population, who are more prone to fractures. Cranio maxillofacial implants surgery is performed for treating severe injuries in patient’s cranial and facial bones. The treatment of injured cranial and facial bones require internal fixators, such as plate and
The global orthopedic trauma devices market is growing due to the increasing frequency of fractures, along with the growth of aging population. The advantageous features posed by orthopedic trauma devices, such as internal and external fixators to set a fracture, and in repositioning of bone fragments into their normal alignment are also driving the growth of the market worldwide.
The global spinal implants and spinal devices market is growing, due to increasing demand for minimally invasive surgeries, increasing number of hospitals and surgical centers, and commercial applications in areas, such as nucleus arthroplasty, stem cell technology and artificial disk replacement. The spinal fusion and fixation technology dominates the market and the non-
The global heart valve repair and replacement market is growing, due to technological advancement of heart valve repair and replacement procedure and devices, and increasing demand for minimally invasive surgical procedure for the repair of valve. The heart valve replacement segment is expected to grow with the faster rate in the coming years. Based on type of replacement,
The increasing prevalence of neurological disorders and growing aging population around the world are the predominant growth drivers for the global gamma knife market. In addition, the technological advancement in radiosurgery systems including gamma knife, and initiatives taken by various government associations to raise awareness about therapeutic applications of radiation
In the coming years, the global bioabsorbable stents market size is predicted to witness considerable growth due to the rising prevalence of cardiovascular diseases, rising number of obese people across the world, technological advancements, surging aging population, increasing risk of restenosis in patients undergoing angioplasty, growing number of percutaneous coronary intervention procedures, and rising adoption of these devices.
The global neuroprosthetics market is growing due to early commercialization of pipeline products and innovative self charging neural implants in the industry. The self-charging neural implant reduces the need for costly and risky surgery, in order to replace discharge battery and controlling machinery. The motor prosthetic, a type of neuroprosthetics dominates the market. The visual
The global foot and ankle devices market is growing due to technological advancement of ankle and foot devices, and increasing number of free trade agreements. These devices are becoming lighter, stronger, and limits additional amount of energy applied by the organ, thus leading to increased demand for these device. The orthopedic implants and devices segment dominates the
The global anti-snoring devices and snoring surgery market is growing significantly, due to technological advancement of anti-snoring devices and presence of large pool of untreated population. Anti-snoring devices are expected to grow at a faster rate as compared to surgical procedure, due to low cost and less invasive nature of these devices. The oral appliances segment in anti-
The global syringes market is witnessing growth due to the high replacement rates of syringes and high incidences of chronic diseases, such as cancer, cardiovascular diseases, and diabetes. The increased healthcare provider’s compliance for syringes, growing government involvement regarding the safe usage of syringes, and advancements in the development of prefilled
The global remote patient monitoring devices market is witnessing significant growth due to the technological advancements in monitoring devices and increasing demand for reducing hospital readmission rates. The heart monitors segment leads the global remote patient monitoring devices market, due to high incidences of cardiovascular diseases and advancements for the
Growing geriatric population and increasing number of sports injuries worldwide are some of the predominant growth drivers of the fluoroscopy and mobile C-arms market. For instance, in the U.S., about 30 million children and teens participate in various types of sports every year. This participation resulted in significant rise in sports-related injuries in the country. Moreover,
The global electrocardiogram (ECG) devices market is witnessing growth, due to high incidences of cardiovascular diseases and large geriatric population. Based on product type, the resting systems segment leads the global ECG devices market; whereas, the Holter monitor systems segment is the fastest growing segment of the market. The hospitals segment is the largest and the
The global MRI compatible patient monitoring system market is expected to see significant growth in the coming years, mainly on account of technological advancement related to MRI compatible monitors and surge in the number of MRI procedures performed across the globe.
The global hemodynamic monitoring systems market is growing due to technological advancement in hemodynamic monitoring systems, such as minimally invasive and noninvasive technologies. The minimally invasive and noninvasive technologies are preferred, in order to reduce infection associated diseases, decrease pain, and increase comfort of the patient. The massive
The global cardiac bio-implant devices market is witnessing growth due to high incidences of cardiovascular diseases and increasing geriatric population. The massive unexplored cardiac bio-implant devices market in the emerging economies is creating ample opportunities for the growth of the global cardiac bio-implant devices market, at a considerable rate in the coming
The global clot management devices market is growing significantly due to large geriatric population and high incidences of cardiovascular diseases, such as stroke and heart attacks. The increasing demand for minimally invasive surgeries and massive unexplored clot management devices market in the emerging economies are creating ample opportunities for the growth of the
The global physiotherapy equipment market is significantly growing due to technological advancements, such as implanted devices, rehabilitation robots, exoskeleton, and others. The technological advancements, such as implanted devices, help to increase the patient’s comfort level and improve patient care. The increasing demand for
The enteral feeding devices market is expected to witness robust progress in the near future, on account of the advancements in technology, increasing healthcare expenditure, number of preterm births, chronic disease prevalence, population of the elderly, and awareness on this technique, shift to enteral feeding from parenteral feeding, and improvements in the healthcare infrastructure, primarily in emerging economies.
The global pain management devices market is growing significantly due escalating technological advancement and massive research and development in pain management, increasing demand for point-of-care testing, and reappearance of pain after surgery. Increasing necessity for long-term rehabilitation pain management intended for geriatric population, unmet requirements
The global surgical equipment market is growing considerably due to emerging technologically advanced electrosurgical devices, speedily progressing medical tourism in developing countries, and increasing demand for minimally invasive procedures. Enormous unexplored markets of surgical equipment industry in developing economies are creating abundant
The global audiological devices market is growing significantly due tointroduction of waterproof and wireless hearing aids, increasing need for aesthetically fabricated hearing aids, and increasing government initiatives to provide better healthcare services in the industry. Massive unexplored market in audiological devicesindustry of developing economies are creating ample
The global operating room equipment market is growing substantially due to increasing investment in research and development for the expansion of technologically advanced equipment, rapid transformation from conventional to hybrid operating rooms and growing medical tourism in emerging economies. Massive unexplored market in operating room equipment industry of
The injectable drug delivery market is predicted to progress significantly in the coming years, as a result of the rising diabetes and cancer incidence, improved adherence by patients to medication schedule, and technological advancements in the field.
The global vaccine market is growing significantly due increasing initiatives by non-government organizations to provide immunization and improvement in production technique of vaccine in the industry. Various programs and campaigns are organized, such as Immunization Week by World Health Organization, to create awareness among the population all over the
The global veterinary diagnostics market is growing significantly due rising requirement for combat antimicrobial-resistant bacteria, increasing awareness of animal health in emerging economies, and growing investment in developing economies in the industry. Increasing number of new and technologically advanced products in veterinary diagnostics market is creating
The global fracture fixation products market is growing significantly due to increasing incidence of fractures associated with osteoporosis and osteoarthritis, increasing government funding and grants, and technological advancement in the fixation products in the industry. Increasing demand for better healthcare facilities in fractures and increasing research related activities
The global pen needle market is growing significantly due to rising need for safety pen needle, increasing prevalence of diabetes and technological advancement in the industry. Pen needles are mainly used to deliver insulin or growth hormone in the body. Massive unexplored market in pen needle industry of developing economies are creating ample opportunities for the pen needle
The global ophthalmology devices market is growing significantly due to increasing prevalence of eye diseases, and technological advancements in ophthalmic devices. Shortages of ophthalmology devices providers in emerging economies and increasing age-related eye diseases are creating ample opportunities for the ophthalmology devices market to grow at a
The global digital x-ray market is growing significantly due to development of wireless digital x-ray system in the industry, led by increasing demand for bedside imaging. In addition, integrated digital x-ray systems improve efficiency and provide cost effective solutions, and support the growth of the global digital x-ray market. Massive unexplored market in digital x-ray industry of
In the near future, the global breast imaging technologies market size is predicted to register considerable growth, majorly because of the technological advancements in the field of breast cancer detection.
The global microscopy devices market is growing significantly due to increasing research and innovation in the field of life sciences and nanotechnology. Massive unexplored market in microscopy industry of developing economies and introduction of niche applications area such as quantum dots, and miniature transistor chips are creating ample opportunities for the microscopy
The global joint repair device in the sports medicine market is estimated to grow at a rapid pace, due to the rise in sports injuries and minimally invasive procedures. The increased point-of-care testing in sports is a major trend within the joint repair devices in the sports medicine market. Point-of-care testing involves a broad range of diagnostic uses with a wide range of product types.
The number of younger aged patients in need of revision and partial joint replacement procedures are expected to influence the growth of global joint reconstruction market. A broadening patient base, which includes younger patients below 55 years of age and elderly patients exceeding the age of 80, are anticipated to increase the demand of hip and knee replacement procedures.
The global multiparameter patient monitoring equipment market is growing at a significant rate, due to increased chronic diseases such as chronic obstructive pulmonary disease, diabetes and cardiovascular diseases. More than 35 million people are suffering from chronic obstructive pulmonary disease in Japan, Europe and the U.S. Private institutional nursing is providing
Intrathecal pumps are widely used in the treatment of patients suffering from chronic pain without any/minimal side-effects. Economic factors such as, U.S. health insurance policies have boosted the demand of the intrathecal pumps market. Moreover, with advancing technology of the intrathecal pumps, the feasibility and flexibility of these devices have also grown with the
Robust growth is predicted for the dermatology devices market, in the near future, on account of the increasing incidence of skin diseases and disorders, technological advancements in the field, surging appearance consciousness, escalating healthcare spending and disposable income, and rising demand for non-invasive dermatological treatments.
The prostate cancer devices market is growing due to increase in aging population and increase in research and development in oncology therapeutic area. Limited players in the market and increasing pharmaceutical expenditure by emerging markets are some of the factors providing ample opportunities to the prostate cancer devices market to grow at a considerable rate in the
Analgesic infusion pumps are instruments used to carry analgesic drugs directly into patient’s body directly for pain management. Analgesic drugs provide relief from chronic disorders, including complex regional pain syndrome (CRPS), failed back syndrome pain, myocardial infarction, pneumonia, myocardial ischemia, post-operative pain, and hypertension. Lidocaine, phenol and
Medical fiber optics is optical fiber used for medical applications. Optical fiber is a transparent and flexible fiber prepared of quality flexible glass, silica and plastic. Optical fibers are generally used as a mean to transfer light between two ends of fiber. It has a wide usage in fiber optics communications, where it permits light transfer over elongated distance and at much
The global orthopedic devices market size is projected to grow substantially in the coming years. The major reasons for this are the high rate of orthopedic surgeries in developed countries, surging geriatric population, technological advancements, and increasing incidence of orthopedic diseases.