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Medical Devices Market Size & Share Analysis - Growth Trends & Forecasts (2024 - 2029)

Global Medical Device Market Research Report Covers Industry Trends, Analysis and is Segmented by Type of Device (Respiratory Devices, Cardiology Devices, Orthopedic Devices, Diagnostic Imaging Devices (Radiology Devices), Endoscopy Devices, Ophthalmology Devices, and Other Devices) and Geography (North America, Europe, Asia-Pacific, Middle East & Africa, and South America).

Medical Device Technologies Market Size

Medical Devices Market Summary

Need a report that reflects how COVID-19 has impacted this market and its growth?

Medical Device Technologies Market Analysis

The Medical Devices Market size is estimated at USD 637.04 billion in 2024, and is expected to reach USD 893.07 billion by 2029, growing at a CAGR of 6.99% during the forecast period (2024-2029).

The COVID-19 pandemic severely impacted the overall medical devices market, with the various segments experiencing wide-ranging effects. The pandemic resulted in postponements and cancellations of non-essential and elective procedures. For instance, as per an article published in a healthcare journal in August 2022, titled "COVID-19 impact on diagnostic imaging procedures in UAE," there were around 80% fewer radiological procedures performed during the pandemic compared to pre-COVID times. This declining number of radiological procedures further decreased the demand for medical devices, which affected the market's growth during the COVID-19 pandemic.

However, the studied market supplying hospital equipment for the management of COVID-19, such as personal protective equipment (PPE), ventilators, and general hospital supplies, experienced a surge in sales to fulfill the overwhelming demand. For instance, ventilators, an important equipment for COVID-19 patients in critical conditions, were in high demand during the pandemic. In March 2020, Medtronic increased the production of ventilators by more than 40% to date. This impacted the growth of medical devices during the pandemic.

Factors such as the rising prevalence of chronic and related increases in disability-adjusted life years, technological advancements in medical devices, and a consistent increase in the aging population are boosting market growth.

The geriatric population is more likely to acquire age-related diseases that are less prevalent among younger people. For instance, as per a research study published in December 2021, the overall self-reported prevalence of diagnosed cardiovascular diseases (CVDs) in people aged 45 years and above was 29.4%. As per the same source, this prevalence rate increased with age, from 22% in the 45-54 age group to 38% in the 70+ age group, indicating that the geriatric population is at high risk of developing CVDs. This finding is expected to increase the demand for cardiac surgeries and devices that help in regularly monitoring heart conditions, thereby propelling the market's growth.

Additionally, the increasing burden of chronic diseases worldwide is driving the demand for effective and advanced treatment services that involve various diagnostic and surgical procedures. Thus, the demand for medical devices across the world is increasing. For instance, according to 2022 statistics published by IDF, about 2.9 million people were living with diabetes in Canada in 2021. In addition, as per the same source, this number is projected to reach 3.2 million and 3.4 million by 2030 and 2045, respectively. Thus, the expected increase in the number of people who have diabetes may propel the demand for various wearable and portable medical devices to regularly monitor the condition.

Moreover, the rising focus on developing technologically advanced medical devices and increasing product launches are also contributing to the market growth. For instance, in May 2022, Max ventilator launched multifunctional noninvasive ventilators, which come with inbuild oxygen therapy and humidifier, in India. Also, in April 2022, Medline UNITE launched Calcaneal Fracture Plating System and IM Fibula Implant. The launch provides a comprehensive titanium foot and ankle trauma system to address nearly all fractures requiring ORIF with plate and screw fixation.

However, strict regulations and uncertainty in reimbursement are likely to impede the growth of the medical devices market over the forecast period.

Medical Device Technologies Market Trends

Cardiology devices segment is expected to hold a major share in the medical device market over the forecast period.

The cardiology segment is expected to witness significant growth in the medical devices market over the forecast period owing to factors such as the rising prevalence of cardiovascular diseases, strategic initiatives by key market players, and technological advancement in cardiology devices.

In addition, the increasing incidence and prevalence of obesity, diabetes, hypertension, and high cholesterol are also contributing to the demand for cardiological medical devices, as patients suffering from these diseases are likely to develop cardiac complications in their lifetime.

Cardiovascular devices are used for the diagnosis of heart diseases and the treatment of related health problems. The devices used in cardiology are classified into three categories, namely surgical, therapeutic, and diagnostic. Some of the widely used cardiovascular devices are electrocardiograms (ECG), defibrillators, pacemakers, cardiac rhythm management devices, catheters, grafts, heart valves, and stents.

The growing number of people suffering from cardiovascular diseases is the key factor driving the demand for medical devices. For instance, as per the 2021 data published by CDC, it has been observed that every year, 805,000 people in the United States have a heart attack, 605,000 of these result in a first-time heart attack, while 200,000 are caused by previous heart attacks in 2020. Additionally, according to 2021 statistics published by the American Heart Association, it was estimated that by the year 2035, more than 130 million adults in the United States will have some type of heart disease.

Moreover, growth in company activities and increasing technological advancements (such as the use of artificial intelligence in cardiac wearable devices) have led to an increasing number of patients being managed with cardiology devices, resulting in exponential therapeutical and monitoring outcomes. This is expected to increase the growth of the studied segment over the forecast period. For instance, in April 2022, Translumina launched its Dual Drug Polymer-Free Coated Stent named VIVO ISAR in the European market. Also, in June 2021, Medtronic launched Micra AV, a miniaturized, fully self-contained pacemaker that delivers advanced pacing technology to atrioventricular (AV) block patients via a minimally invasive approach. The device can sense atrial activity without a lead or device in the upper chamber of the heart.

Therefore, owing to the aforesaid factors, the segment is expected to witness growth over the forecast period.

Estimated Number of New Cancer Cases (in million), By Region, 2020-2040

North America Dominates the Market and is Expected to Continue the Growth Trend During the Forecast Period

North America is expected to dominate the medical devices market over the forecast period owing to the factors such as the growing burden of chronic diseases, high healthcare expenditures, and the presence of key players.

In addition, the increasing geriatric population is likely to increase the market growth over the forecast period. For instance, according to the 2022 statistics published by the United Nations Population Fund, in Canada, a large proportion of the population is estimated to be aged between 15 and 64 years and accounts for 65% of the total population in the current year. In addition, as per the same source, 19% of the population is aged 65 years and above in 2022 in Canada. Thus, the rising geriatric population is more prone to develop chronic diseases such as cardiopulmonary diseases, respiratory diseases, and orthopedic disorders, which increase the demand for diagnostic imaging as well as surgical procedures; this, in turn, is anticipated to fuel the growth of the medical devices, thereby propelling the market growth over the forecast period.

The rising prevalence of chronic diseases such as cardiovascular diseases, coronary heart diseases, stroke, and rising respiratory diseases such as acute respiratory syndrome among the population, leads to increased cardiopulmonary bypass procedures, resulting in an increasing demand for medical devices. For instance, according to 2022 statistics published by American Heart Association (AHA), the prevalence rate of heart failure in the United States in 2021 was 6 million, which is 1.8% of the total population. Thus, the high burden of cases of heart failure in the country is expected to increase the demand for medical devices for better diagnosis and treatment, which is further expected to boost the growth of the market over the forecast period.

Similarly, from a research study published by Cardiovascular Diabetology in June 2021, it was observed that a 31% increase in physical inactivity resulted in an increase in the number of cases of Type II diabetes (27,100), coronary heart disease (10,300), stroke (2200), myocardial infarction (1500), stroke deaths (400), and coronary heart disease deaths (350). Thus, changing lifestyles leading to physical inactivity can further increase the risk of heart disease, which is expected to increase the demand for medical devices due to increased heart surgeries to open the blocked arteries in patients, thereby boosting market growth.

Furthermore, the growing focus of companies on developing advanced products and adopting various business strategies, such as collaborations and acquisitions to withhold their market position, is also contributing to the market growth. For instance, in March 2022, Respira Labs, a respiratory healthcare tech business based in the United States, released Sylvee, an AI-powered wearable lung monitor that employs acoustic resonance to assess lung function and identify variations in lung air volume. It can aid in the early detection and treatment of chronic obstructive pulmonary disease (COPD), asthma, and COVID-19.

Moreover, in January 2021, PENTAX Medical increased the availability of the CapsoCam Plus video capsule system with Health Canada licensing in partnership with CapsoVision, Inc. This product expansion enables at-home administration of the CapsoCam Plus small bowel capsule endoscope during the COVID-19 pandemic for eligible patients, permitting a fully remote capsule endoscopy procedure and effectively eliminating the need for in-person interactions between clinicians and their patients.

Therefore, owing to the aforesaid factors, the market is expected to witness growth over the forecast period.

Medical Devices Market - Growth Rate by Region

Medical Device Technologies Industry Overview

The medical devices market is competitive and consists of several major players. Companies like Abbott Laboratories Inc, F. Hoffmann-La Roche Ltd, Philips Healthcare, Siemens Healthineers (Siemens AG), Stryker Corporation, Boston Scientific Corporation, Johnson & Johnson, Medtronic PLC, Smith & Nephew PLC, and GE Healthcare hold substantial shares in the market.

Medical Device Technologies Market Leaders

Abbott Laboratories Inc

Koninklinje Philips NV

GE Healthcare (General Electric Company)

Johnson & Johnson

Medtronic PLC

*Disclaimer: Major Players sorted in no particular order

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Medical Device Technologies Market News

  • In May 2022, Max ventilator launched multifunctional noninvasive ventilators, which come with inbuilt oxygen therapy and humidifier, in India.
  • In May 2022, Stryker launched EasyFuseDynamic Compression System. It is a foot and ankle staple system which is designed to decrease surgical complexity, provide strong dynamic-compression implants, and reduce waste in the operating room.

Medical Device Technologies Market Report - Table of Contents

1. INTRODUCTION

1.1 Study Assumptions and Market Definition

1.2 Scope of the Study

2. RESEARCH METHODOLOGY

3. EXECUTIVE SUMMARY

4. MARKET DYNAMICS

4.1 Market Overview

4.2 Market Drivers

4.2.1 Growing Geriatric Population Across the World

4.2.2 Rising Prevalence of Chronic Diseases and Related Increase in Disability-adjusted Life Years

4.3 Market Restraints

4.3.1 Strict Regulatory Polices and Uncertainty in Reimbursement

4.4 Porter's Five Forces Analysis

4.4.1 Threat of New Entrants

4.4.2 Bargaining Power of Buyers/Consumers

4.4.3 Bargaining Power of Suppliers

4.4.4 Threat of Substitute Products

4.4.5 Intensity of Competitive Rivalry

5. MARKET SEGMENTATION (Market Size by Value - USD million)

5.1 By Type of Device

5.1.1 Respiratory Devices

5.1.2 Cardiology Devices

5.1.3 Orthopedic Devices

5.1.4 Diagnostic Imaging Devices (Radiology Devices)

5.1.5 Endoscopy Devices

5.1.6 Ophthalmology Devices

5.1.7 Other Devices

5.2 Geography

5.2.1 North America

5.2.1.1 United States

5.2.1.2 Canada

5.2.1.3 Mexico

5.2.2 Europe

5.2.2.1 Germany

5.2.2.2 United Kingdom

5.2.2.3 France

5.2.2.4 Italy

5.2.2.5 Spain

5.2.2.6 Rest of Europe

5.2.3 Asia-Pacific

5.2.3.1 China

5.2.3.2 Japan

5.2.3.3 India

5.2.3.4 Australia

5.2.3.5 South Korea

5.2.3.6 Rest of Asia-Pacific

5.2.4 Middle East & Africa

5.2.4.1 GCC

5.2.4.2 South Africa

5.2.4.3 Rest of Middle East & Africa

5.2.5 South America

5.2.5.1 Brazil

5.2.5.2 Argentina

5.2.5.3 Rest of South America

6. COMPETITIVE LANDSCAPE

6.1 Company Profiles

6.1.1 Abbott Laboratories Inc

6.1.2 Boston Scientific Corporation

6.1.3 F. Hoffmann-La Roche Ltd

6.1.4 GE Healthcare (General Electric Company)

6.1.5 Johnson & Johnson

6.1.6 Medtronic PLC

6.1.7 Koninklinje Philips NV

6.1.8 Siemens Healthineers (Siemens AG)

6.1.9 Smith & Nephew PLC

6.1.10 Stryker Corporation

6.1.11 Fresenius Medical Care AG & Co. KGaA

6.1.12 3M Company

6.1.13 Cardinal Health Inc.

  • *List Not Exhaustive

7. MARKET OPPORTUNITIES AND FUTURE TRENDS

Medical Device Technologies Industry Segmentation

As per the scope of the report, a medical device is any type of instrument, apparatus, appliance, machine, implant, or any other related/similar article used for diagnosing, treatment monitoring, prevention, or alleviation of diseases. The Medical Devices Market is segmented by Type of Device (Respiratory Devices, Cardiology Devices, Orthopedic Devices, Diagnostic Imaging Devices (Radiology Devices), Endoscopy Devices, Ophthalmology Devices, and Other Devices) and Geography (North America, Europe, Asia-Pacific, Middle East & Africa, and South America). The market report also covers the estimated market sizes and trends for 17 countries across major regions globally. The report offers the value (in USD million) for the above segments.

Medical Device Technologies Market Research FAQs

How big is the medical devices market.

The Medical Devices Market size is expected to reach USD 637.04 billion in 2024 and grow at a CAGR of 6.99% to reach USD 893.07 billion by 2029.

What is the current Medical Devices Market size?

In 2024, the Medical Devices Market size is expected to reach USD 637.04 billion.

Who are the key players in Medical Devices Market?

Abbott Laboratories Inc, Koninklinje Philips NV, GE Healthcare (General Electric Company), Johnson & Johnson and Medtronic PLC are the major companies operating in the Medical Devices Market.

Which is the fastest growing region in Medical Devices Market?

Asia Pacific is estimated to grow at the highest CAGR over the forecast period (2024-2029).

Which region has the biggest share in Medical Devices Market?

In 2024, the North America accounts for the largest market share in Medical Devices Market.

What years does this Medical Devices Market cover, and what was the market size in 2023?

In 2023, the Medical Devices Market size was estimated at USD 592.51 billion. The report covers the Medical Devices Market historical market size for years: 2019, 2020, 2021, 2022 and 2023. The report also forecasts the Medical Devices Market size for years: 2024, 2025, 2026, 2027, 2028 and 2029.

What is the fastest-growing segment in the Medical Devices Technologies Market?

The cardiology devices segment is experiencing the fastest growth within the Medical Devices Technologies Market.

Who is the target market for Medical Device Technologies?

The target market for Medical Device Technologies includes healthcare providers, hospitals, clinics, research institutions, and other healthcare-related organizations.

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Medical Equipment Industry Report

This comprehensive report offers a deep dive into the global medical device technologies industry, providing a detailed analysis of key market drivers and market segments. Mordor Intelligence offers customization based on your specific interests, including: 1. Device Type: In Vitro Diagnostics, Anesthesia Kidney and Dialysis Devices, Drug Delivery Devices, Wound Management Devices, and Dental Devices 2. Type: Molecular Diagnostics, Non-Invasive Monitoring, Mobility Aid Technologies, Micro-Fluids and Mems, Bio-Implants, and Telemedicine 3. End-User: ASCs, Medical Device Industries, Pharmaceutical and Research Organizations.

Medical Equipment Market Report Snapshots

  • Medical Equipment Market Size
  • Medical Equipment Market Share
  • Medical Equipment Market Trends
  • Medical Equipment Companies

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Medical Devices Market Research Reports & Industry Analysis

Are you looking to gain insights into the global medical devices market? MarketResearch.com is your go-to source for in-depth industry research reports covering a wide range of key segments including cardiovascular devices, catheters, dental equipment, durable medical equipment, endoscopy, minimally invasive surgery, ophthalmic devices, orthopedics, surgical equipment, wound care, and much more.

What’s Included in Our Medical Devices Market Research Reports

  • Our reports provide you with comprehensive market data—including market size, market share, growth rates, and forecasts—compiled by industry experts who have a deep understanding of the market and its trends.
  • We also provide detailed information on the regulatory environment and the role of disruptive technology in the medical devices industry, so you can stay ahead of the newest developments.
  • Our research features detailed analysis of the competitive landscape, including market leaders and emerging players, as well as expert commentary on industry trends, market drivers, and challenges.

Get the Latest Medical Device Industry Statistics and Analysis

Our reports help you gauge the pulse of the market, identify key growth opportunities, and make informed business decisions. Whether you are looking to expand your business, develop new products, or enter new markets, our reports provide you with the insights you need to succeed in a large, dynamic, and highly regulated global industry. With our vast collection of research, you can quickly access hard-to-find data on industries big and small. 

View recent blog articles on this topic:

  • 7 Top Trends in the Medical Devices Industry in 2023 and Beyond
  • Remote Patient Monitoring, an Emerging Opportunity in the Healthcare Industry
  • Additional articles on this topic

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Precedence Research

Medical Devices Market (By Type: Cardiovascular Devices, Orthopedic Devices, Diagnostic Imaging, MIS, IVD, Diabetes Care, Wound Management, Dental, Nephrology, Ophthalmic Devices, and Others; By End User: Clinics, Hospitals & Ambulatory Surgical Centers, and Others) - Global Market Size, Trends Analysis, Segment Forecasts, Regional Outlook 2023 - 2032

  • Report Description
  • Table of Content

The global medical devices market size was valued at USD 570 billion in 2022 and is expected to reach around USD 996.93 billion by 2032, poised to grow at a compound annual growth rate (CAGR) of 5.8% during the forecast period from 2023 to 2032.

Medical Devices Market Size 2021 to 2030

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Key Takeaway:

  • By end-user, the hospitals and clinics segment has accounted for 88.5% of the total revenue share in 2022.
  • The diagnostics centers segment is growing at a CAGR of 10.3% from 2023 to 2032.
  • North America region has dominated the market with 39.9% of the total revenue share in 2022.

Growth Factors

Increasing investment in Research & Development (R&D) activity by medical technology companies for the development of new and advanced medical devices and easy approval for those devices by the regulatory authorities expected to impel the market growth fro medical devices over the upcoming years. For instance, according to the U.S. Food and Drug Administration (USFDA) database, there were nearly 54 and 27 new medical devices approved and cleared by the institute in the year 2018 and 2017 respectively. Increasing demand for innovative therapies along with the technological advancements in the medical devices to overcome the unmet requirements in the healthcare sector considered as the prime factor supporting the growth of medical devices during the forthcoming years.

However, data security threat may hamper the market growth for medical devices as internet connection is required for transferring patient’s data from remote devices to the physician. Hence, this increases threat for data security. Rising trend for connected devices makes them attractive and thus increases the risk for data breaches or hacks. For instance, in March 2020, critical patient’s data including medical questionnaires, copies of driving license, passport, and national insurance number were leaked for over 2,300 patients of Hammersmith Medicines Research. The research firm was carrying out trials for COVID-19 vaccine on these patients.

Medical Devices Market in the U.S. 2023-2032

The U.S. medical devices market size was valued at USD 143.64 billion in 2022 and is estimated to reach around USD 246.51 billion by 2032, growing at a CAGR of 5.6% from 2023 to 2032.

U.S. Medical Devices Market Size 2023 To 2032

Why has North America region dominated the medical devices market?

  • North America captured the largest revenue share in the year 2022 and anticipated to continue its dominance over the upcoming years. The significant growth of the region is majorly because of developed healthcare infrastructure and rising concern for healthy life.
  • The United States is the major dominating country in the North America. Rapid adoption of new and advanced medical technologies for enhancing the diagnosis and treatment procedure of critical disease is likely to impel the market growth in the region.

Due to factors including the increasing prevalence of chronic conditions, increasing healthcare expenses, and the existence of major manufacturers, North America is anticipated to dominate the medical devices market over the forecast period.

More cardiopulmonary bypass surgeries are performed as a result of the rising prevalence of chronic conditions in the population, such as coronary heart and stroke disorders as well as respiratory illnesses such as cardiovascular disorders and acute respiratory syndrome. This boosts the need for medical devices in the region. For instance, the American Heart Association provided data for 2022 that about 6 million (1.8%) US population had heart failure in 2022. Therefore, the nation's high rate of heart failure patients is projected to boost the demand for medical devices for better detection and treatment, which is predicted to further accelerate market expansion throughout the projection period.

Additionally, the growing geriatric population in Canada is more likely to develop chronic conditions like respiratory diseases, orthopedic disorders, and cardiopulmonary diseases, which elevates the demand for surgical procedures and diagnostic imaging. As a result, the market is expected to grow over the forecast period owing to the expanding demand for medical devices in the North American region.

Medical Devices Market Share, By Region, 2020 (%)

Why will Asia Pacific region grow faster in the medical devices market?

  • Besides this, the Asia Pacific emerged as the fastest growing region during the forecast period owing to rising ageing population, increasing per capita income, and growing health concern among the people. Increasing investment on healthcare infrastructure in the region anticipated to further boost the market for medical devices in over the analysis period.
  • China and India are the prominent countries in the Asia Pacific region that holds second and fifth position in terms of revenue in the global market. The market for medical devices in these countries is mainly governed by the incentives offered by the local governments along with healthcare reforms.

Report Scope of the Medical Devices Market

Market dynamics.

Driver: Increasing Adoption of 3D Printing of Medical Devices

Surgical equipment, dental restorations, and orthopedic and cranial implants are among the medical items created via 3D printing. Medical gadgets and implants developed using 3D printing may be more successful than those made using mass production methods since they are made specifically for the physiology of a patient or even for a particular surgery. For instance, surgeons are already using personalized surgery and patient-specific 3D-printed equipment and implants during knee surgery, where they have discovered that they hasten recovery and lower patient pain levels. With 3D printing, there is a significant opportunity to raise product quality in density and orthodontic procedures.

Intricate Regulatory Requirements:

Increased expenditures for new product development and patient service offerings are anticipated to result from regulatory reforms. The General Data Protection Regulation, which was implemented by the European Union, as well as adjustments to the device approvals, are a few of these developments connected to consumption confidentiality. The US FDA has prolonged the time period to complete the marketing authorization by 55% during the past decade by requesting additional clinical data to back up the security and effectiveness claims of medical equipment like endoscopic instruments. Investments in novel devices are strained by the possibility of lost sales as a result of device release delays and increased expenses as a result of demanding regulatory procedures, which has an impact on the expansion of the market for medical devices.

Opportunity

Technological Transformation in the Devices by the Companies

The majority of medical device companies are undergoing a significant technological shift that will ultimately transform them into MedTech entities. Manufacturers are using data to incorporate intelligence into their products in an effort to be closer to the end user, and it is swiftly evolving into a crucial component of the new device value proposition. Organizations are also participating in unconventional alliances. Future advancements in artificial intelligence will simplify the management of chronic diseases from the perspective of the patient. Technology will also have a significant impact on the prevention of treatment, cutting down on the amount of time spent in hospitals. For instance, industrial firms are increasingly concentrating on robotic surgery.

Type Insights

In Vitro Diagnostics (IVD) devices are used for the diagnosis of disease or conditions that include an analysis over the state of health for the purpose to mitigate, cure, treat, or prevent disease. These devices are largely used to collect, prepare, and examine the specimen sample collected from the patient’s body. Hence, increasing prevalence of chronic disease and need for precise and efficient testing kit for diseases such as malaria, HIV/AIDS, diabetes, and cancer boosts the demand for IVD devices. For instance, in 2017, the World Health Organization (WHO) revealed that around 47% of new HIV cases were detected across the globe. In support of the above factors, the IVD segment accounted for a value share of nearly 13% in the year 2019.

In the anticipated period, cardiovascular devices are expected to dominate the global market for medical devices. Rapid technical development, rising demand for minimally invasive procedures, and an increase in the prevalence of various cardiovascular conditions worldwide are the main factors for the growth of the segment. The increasing prevalence of heart conditions such as stroke and cardiomyopathy is the main contributor to cardio mortality. Cardiovascular illnesses are among the most prevalent conditions worldwide. For instance, in February 2022, 750,000 individuals were diagnosed with cardiac arrest, and this number is rising annually, according to an analysis by the Heart and Stroke Foundation of Canada. Hence, cardiovascular devices play a crucial role in the accurate detection and treatment of cardio disorders, which fuels market expansion over the forecast period.

End User Insights

Based on end user, hospitals & ambulatory surgical centers led the global medical devices market in the year 2022. The prominent growth of the segment is mainly attributed to the increasing healthcare expenditure, rising development of the healthcare infrastructure, high emphasis on the better patient outcome, and attractive reimbursement policies.

The segment of hospitals & clinics is expected to expand in the coming years owing to the rise of regional and super-specialty hospitals, particularly in developing nations. Consequently, these factors, along with the government's and healthcare organizations' increasing reliance on regular patient diagnosis and prompt treatment, have raised public awareness and fueled market expansion. Furthermore, hospitals and clinics are increasingly investing in medical technology to efficiently identify and treat various disorders. Hospitals are using medical devices to achieve better patient outcomes and cut expenses. For instance, monitoring technologies continuously monitor a patient's vital signs, while telemedicine technologies provide patients with remote care. Thus, these factors are boosting the overall growth of the market.

Medical Devices Market Share, By End User, 2020 (%)

As per the WHO report on healthcare infrastructure, most of the developing countries across the globe do not have an average of one district hospital per one lakh inhabitants. Hence, these countries are investing prominently on the development of healthcare infrastructure. For instance, total capital invested on healthcare infrastructure expected to increase from USD 270 Billion in 2018 to USD 470 Billion over the next five years.

Key Companies & Market Share Insights

The global medical devices market is highly fragmented owing to the presence of large number of market players on global as well as regional level. Among these companies, Medtronic capture the largest market share with diverse product portfolio and strong brand name in the global market. Apart from this, most of the industry players invest prominently in the Research & Development (R&D) activity to develop new products and upgrade the existing product list. Furthermore, these market players largely focus on expanding their distributors across the globe that allows companies to expand their product offerings.

Medical Devices Market Companies

  • DePuy Synthes
  • Medtronics Plc
  • Fesenius Medical Care
  • GE Healthcare
  • Philips Healthcare
  • Ethicon LLC
  • Siemens Healthineers
  • Cardinal Health
  • Baxter International Inc.

Segments Covered in the Report

This research study comprises complete assessment of the market by means of far-reaching qualitative and quantitative perceptions, and predictions regarding the market. This report delivers classification of marketplace into impending and niche sectors. Further, this research study calculates market size and its development drift at global, regional, and country from 2020 to 2032. This report contains market breakdown and its revenue estimation by classifying it on the basis of type, end user, and region:

  • Cardiac Monitoring Devices
  • Neuromonitoring Devices
  • Respiratory Monitoring Device
  • Multi-Parameter Monitoring Devices
  • Hemodynamic Monitoring Devices
  • Fetal and Neonatal Monitoring Devices
  • Temperature Monitoring Devices
  • Weight Monitoring Devices
  • Diagnostic Devices
  • Surgical ENT Devices
  • Imaging Devices
  • Diagnostic Molecular Devices
  • Drug Delivery Devices
  • Surgical Devices
  • Bio Implants and Stimulation Devices
  • Treatment Equipment
  • Infusion Pumps
  • Medical lasers and LASIK surgical machines

By Therapeutic Application

  • Gastrointestinal surgery
  • General Surgery
  • Diagnostic Imaging
  • Respiratory
  • Orthopedics
  • Cardiovascular
  • Ophthalmology
  • Ear-Nose-Throat (ENT)
  • Nephrology and Urology

By End User

  • Hospitals & Clinics
  • Diagnostic Centers
  • Research laboratory
  • Pharmaceutical Companies

By Regional Outlook

  • North America
  • Asia Pacific
  • Latin America
  • Middle East & Africa

Frequently Asked Questions

  • Report Code: 1129
  • Category: Healthcare
  • No. of Pages: 150+
  • Format: PDF/PPT/Excel
  • Published: November 2023
  • Historical Year: 2021-2022
  • Base Year: 2023
  • Estimated Years: 2024-2033

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  • Medical Devices Market

Global Medical Devices Market Size, Share, Trends, COVID-19 impact & Growth Forecast Report – Segmented By Type (Orthopedic Devices, Cardiovascular Devices, Diagnostic Imaging, IVD, MIS, Wound Management, Diabetes Care, Ophthalmic Devices, Dental Devices, Nephrology Devices, General Surgery Devices and Others), End-User & Region - Industry Analysis (2024 to 2029)

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  • Description

Global Medical Devices Market Size (2024 to 2029)

The size of the global medical devices market was valued at USD 488.36 billion in 2023. This value is further estimated to be growing at a CAGR of 4.9% from 2024 to 2029 and will be worth USD 650.71 billion by 2029 from USD 512.28 billion in 2024.

A medical device can be an instrument, an implant, or a device used to diagnose, treat, or prevent disease or other medical conditions. Surgical instruments, artificial heart valves, pacemakers , joint replacements, diagnostic imaging equipment, such as X-rays and ultrasounds, and PPE , such as masks and gloves, are examples of medical devices. These devices play a vital role in treatment procedures and in saving patients' lives. Depending on the risk level they can showcase on the patients, these medical devices are classified into two types Class I medical devices and Class II medical devices. Class II devices are considered higher risk than Class I medical devices. Implantable pacemakers and prosthetic heart valves are examples of Class II medical devices, and bandages and examination gloves are examples of Class I devices. Medical devices must follow the regulatory authorities' instructions and be approved to get eligible for marketing and selling. Regulatory authorities such as the U.S. FDA strictly monitor and evaluate medical devices to approve them for commercialization.

MARKET DRIVERS

The growing patient population suffering from chronic diseases propels the global medical devices market growth. .

WHO says an estimated 41 million people die from chronic diseases every year. Approximately 71% of the deaths worldwide are linked to chronic diseases every year, and out of these, the majority of the deaths are due to diseases such as cardiovascular diseases, cancer, and diabetes. The chronic disease population has been growing significantly in the last few years. The trend is expected to grow further in the coming years due to the growing aging population and increasing adoption of sedentary lifestyles. The growing chronic disease patient population is expected to increase the need for medical devices to manage the growing disease burden. Medical devices are vital in managing chronic diseases such as CVD, cancer, and diabetes. For instance, medical devices such as glucose monitoring devices, insulin pumps, and inhalers are used aggressively to treat chronic diseases such as diabetes and respiratory diseases. Likewise, medical devices such as pacemakers, stents, and prosthetics are used to treat cardiovascular diseases.

Technological developments are further fuelling the growth rate of the global medical devices market. 

By using the latest technological developments, the manufacturers of medical devices have created manufactured medical devices that are cost-effective, efficient, accurate, and can provide improved patient outcomes. For instance, digital health technologies such as mHealth applications, telemedicine, and wearable medical devices have brought several changes to healthcare delivery in recent years. Using these developments, patients take treatment from the comfort of home by communicating with healthcare providers, and this has resulted in effective healthcare delivery at reduced healthcare costs. In addition, technological developments such as 3D printing, artificial intelligence, machine learning, big data, robotics, and others have helped the medical devices market to pose a healthy CAGR in recent years.

The growing healthcare expenditure is favoring the growth rate of the global medical devices market. 

According to the data published by the Centers for Medicare and Medicaid Services, U.S. healthcare expenditures are expected to reach USD 6.2 trillion by 2028. The growing aging population, increasing healthcare coverage, and rising number of technological developments in the medical devices industry are resulting in increasing healthcare expenditure and favoring the growth of the medical devices market. The growth in healthcare expenditure is leading to innovative solutions for patients to offer effective healthcare delivery.

In addition, factors such as the growing demand for minimally invasive surgeries, the growing global aging population, the rising need for medical devices to address the growing burden of various diseases, and the increasing demand for home healthcare devices are propelling the medical devices market growth. Furthermore, an increasing number of initiatives and growing support by various governments in favor of medical devices, growing adoption of medical tourism in developing countries, and rising usage of wearable medical devices are promoting the growth rate of the medical devices market.

MARKET RESTRAINTS

High costs associated with medical devices are majorly hampering the global medical devices market growth..

Due to these costs, medical devices are unaffordable to many patients and small and medium-sized healthcare facilities, limiting the adoption and accessibility of medical devices in underdeveloped and developing countries. The stringent regulatory requirements and approval process of medical devices are further hindering the medical devices market growth. Issues associated with product recalls and safety concerns are impeding the growth of the medical devices market. Poor reimbursement policies for medical devices in some countries are diluting the growth rate of the overall market. The scarcity of skilled medical professionals in some countries is negatively impacting the growth of the medical devices market. Issues with the shortage of raw materials and supply chain disruptions for the manufacturing and distribution of medical devices are showcasing a negative impact on global market growth. Furthermore, the presence of alternative therapies to medical devices and difficulties in the adoption of advanced medical technologies are limiting the growth rate of the medical devices market.

Impact Of COVID-19 On the Global Medical Devices Market

The COVID-19 pandemic had a mixed impact on the global medical devices market. The sudden surge in the number of people diagnosed with coronavirus worldwide has promoted the need for medical devices such as respiratory devices, ventilators, masks, PPE kits, and others. In addition, during the COVID-19 pandemic, the usage of digital health technologies such as telemedicine and remote patient monitoring has grown significantly. The growth rate of the medical devices market has seen an acceleration. On the other hand, during the peak days of COVID-19, priority has been given to elective surgical procedures; all non-essential surgical procedures were kept on hold, which negatively resulted in the companies that manufacture medical devices for essential surgical procedures. In addition, to curb the spread of the virus, many governments have announced lockdowns, travel bans, and temporary shutdowns of manufacturing plans, which resulted in supply chain disruption and reduced production of medical devices, hampering the market's growth rate. Likewise, COVID-19 had a mixed impact on the global medical devices market. However, considering the growing habituation towards the new normalization, uplifting of the restrictions, and reducing the impact of COVID-19, the global medical devices market is anticipated to pose significant growth during the forecast period.

REPORT COVERAGE

Segmental analysis, global medical devices market analysis by type.

The orthopedic devices segment accounted for a considerable share of the global medical devices market in 2023. The growing patient population suffering from orthopedic conditions and increasing R&D efforts by manufacturers to develop effective medical devices to treat associated diseases have contributed to the segment's growth.

On the other hand, the IVD segment is anticipated to showcase the highest CAGR among all the segments in the global market for the forecast period. The growing incidence of chronic and infectious diseases is one of the major factors propelling segmental growth.

The MIS segment is another lucrative segment in the global medical devices market and is predicted to witness a healthy CAGR during the forecast period. The growing preference for minimally invasive surgeries from healthcare professionals and the rising adoption of technological developments drive the segment's growth.

Global Medical Devices Market Analysis By End-User

The hospitals and ambulatory surgical centers segment captured the major share of the global medical devices market in 2023, and the domination of the segment is likely to continue during the forecast period. The growing number of hospitals being constructed worldwide is fuelling the demand for medical devices and resulting in segmental growth. In addition, the growing support that hospitals are receiving from governments is promoting the growth of the hospitals and ASCs segment.

REGIONAL ANALYSIS

Geographically, North America captured the largest share of the worldwide market in 2023. The domination of the North American region is expected to continue throughout the forecast period. The presence of well-established healthcare infrastructure majorly drives the regional market growth, the presence of key market participants, and a growing number of R&D activities toward medical devices. The U.S. led the North American regional market in 2023, followed by Canada. The growing adoption of technological developments in the manufacturing of medical devices and an increasing number of people suffering from life-threatening diseases favor the medical devices market in the United States.

Europe is one of the potential regions for medical devices worldwide. The usage of medical devices is growing significantly in European countries such as Germany, the U.K., and France. The manufacturers of medical devices, such as Siemens Healthineers, Philips, and Medtronic, are putting significant efforts into meeting the growing demand for medical devices. In addition, factors such as growing technology penetration in the manufacturing of medical devices, growing incidence of various diseases among the European population, and rising focus on preventive healthcare are contributing to the growth of the European medical devices market. However, Europe has a stringent regulatory framework, which is one of the major challenges to the European medical devices market. Regulatory authorities, including the European Medicines Agency (EMA), Medical Devices Directive (MDD), the in-vitro Diagn Directive (IVDD), and General Product Safety Directive (GPSD), have issued guidelines, and each medical device has to comply with the guidelines to get eligibility for the commercialization.

The Asia-Pacific region is anticipated to grow the fastest worldwide during the forecast period. The healthcare infrastructure in the Asia-Pacific is witnessing numerous developments, which are expected to promote the market for medical devices in this region. In addition, the growing incidence of various diseases among the aging population in the Asia-Pacific region is fuelling the need for medical devices, which is expected to result in regional market growth. Japan, China, and South Korea have recently played a notable role in the APAC medical devices market and are expected to hold a major share of the regional market during the forecast period. Japan is home to hi-tech medical devices and healthcare innovation. The medical devices market in China is growing considerably owing to the growing aging population and increasing middle-class population. South Korea is expected to showcase a healthy CAGR in the coming years due to the growing R&D activities around precision medicine, genomics, and regenerative medicine.

KEY PLAYERS IN THE GLOBAL MEDICAL DEVICES MARKET

Medtronic, Stryker, Fresenius SE & Co. KGaA, Koninklijke Philips N.V., F. Hoffmann-La Roche Ltd, General Electric Company, Siemens Healthineers AG, BD, Boston Scientific Corporation, Johnson & Johnson Services, Inc. are a few of the leading companies operating in the global medical devices market.

RECENT MARKET DEVELOPMENTS

  • In July 2021, Abbott announced the launch of a pea-sized, life-saving device for babies with hole-in-the-heart defects. The device was first introduced in India, focusing on hospitals with a functioning neonatal critical care unit (NICU).
  • In January 2021, Smith & Nephew partnered with Movemedical to expand its inventory automation solutions and improve customer experience.
  • In April 2021, the Indian government made it simpler to import critical medical devices like nebulizers, oxygen concentrators, and oxygen canisters by lowering the procedures for clearance under the Legal Metrology Act (Packaging Rules 2011).
  • In January 2021, the abdominal aortic aneurysm (AAA) model was developed by Koninklijke Philips N.V., offering clinicians a more patient-friendly option than the existing standard of care for managing AAA patients.

DETAILED SEGMENTATION OF THE GLOBAL MEDICAL DEVICES MARKET INCLUDED IN THIS REPORT

This research report on the global medical device market has been segmented and sub-segmented based on type, end-user, and region..

  • Orthopedic Devices
  • Cardiovascular Devices
  • Diagnostic Imaging
  • Wound Management
  • Diabetes Care
  • General Surgery

By End-User

  • Hospitals & ASCs
  • North America
  • Asia-Pacific
  • Latin America
  • Middle East and Africa

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Frequently Asked Questions

What is the worldwide market size of medical devices? +

In 2023, the global medical devices market was worth USD 488.36 billion. 

Which region is expected to lead the medical devices market in the coming future? +

As per our research report, the North American region is expected to dominate the medical devices market during the forecast period.

By Device type, which segment will account for the major share in the global medical devices market? +

Between 2024 and 2029, Analysts at Market Data Forecast predicted that the IVD segment is expected to occupy the majority of the share in the global medical devices market.  

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Medical Devices Market

Global Medical Devices Market to Grow at a CAGR of 6.2% During 2024-2032, Aided by Technological Advancements

Medical Devices Market

Global Medical Devices Market Share, Size, Analysis: By Type of Devices: Respiratory Devices, Cardiology Devices, Orthopedic Devices, Diagnostic Imaging Devices, Endoscopy Devices, Ophthalmology Devices, Others; By Applications: Cardiology, Oncology, Neurology, Others; By End User; Regional Analysis; Supplier Landscape; 2024-2032

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Global Medical Devices Market Outlook

The global medical devices market attained a value of about USD 562.6 billion in 2023. The market is further expected to grow at a CAGR of 6.2% during the forecast period of 2024-2032 to reach a value of about USD 965.2 billion by 2032.

Medical Devices Market

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Medical Devices Market Overview

Medical devices are devices such as apparatus, instruments, machines, and implants, among others that are designed for specific medical purposes to allow patients to diagnose and treat their health-related complications. They do not use chemical or metabolic actions for the treatment and diagnosis but rely on structural, physical, and mechanical actions.

The surge in various health-related issues due to the prevalence of unhealthy lifestyles is boosting the market growth of medical devices. The rising focus on digital devices owing to their ease of convenience is augmenting the industry growth. The adoption of digital advancements owing to the prevalence of remote monitoring is leading to the adoption of virtual and innovative medical devices, therefore propelling the market growth. The cost-effectiveness and easy accessibility of digital medical devices are leading to their adoption by various companies, consequently bolstering the industry growth.

North America holds a significant share of the overall medical devices market owing to the rising prevalence of various chronic illnesses in the region. Moreover, the robust growth of the healthcare and medical technology industries in the region is also augmenting the market growth of medical devices. The presence of the major companies of the market in the United States is significantly contributing to the market growth. The rising availability of skilled professionals as well as rapid technological advancements in the region is leading to the development of advanced medical devices. In addition, the rising approval of medical devices and medical technology by authorities such as the Food and Drug Administration (FDA) of the United States is fuelling the market growth, therefore contributing significantly to the overall medical devices market.

Medical Devices Market Segmentations

Medical Devices Market by Segments

Market Breakup by Type of Devices

  • Respiratory Devices
  • Cardiology Devices
  • Orthopaedic Devices
  • Diagnostic Imaging Devices
  • Endoscopy Devices
  • Ophthalmology Devices

Market Breakup by End User

  • Hospitals and Clinics
  • Ambulatory Surgical Centres
  • Home Healthcare

Market Breakup by Region

  • United States of America
  • United Kingdom
  • Saudi Arabia
  • United Arab Emirates
  • South Africa

Medical Devices Market by Region

Medical Devices Market Scenario

The advent of 3D printing in the healthcare industry has significantly revolutionised the medical devices market. As it offers easy changes in design without additional tools, it enables the creation of personalised devices for patients, which is expected to augment the market growth. Moreover, it deploys various technologies to create complex structures easily, which is increasing the manufacturing of advanced medical devices. This makes them crucial for applications in orthopaedics implants as it enables the development of durable, high quality, and optimal fit implants with enhanced performance and flexible design. In addition, the use of 3D printing in manufacturing can aid in the creation of enhanced and high-performance surgical tools such as haemostats and forceps, which is expected to fuel the market growth.

The robust growth of the medical technology industry is bolstering the market growth of medical devices. The integration of the latest technologies, such as artificial intelligence (AI), to aid in better diagnosis is expected to propel the market growth. Moreover, artificial intelligence (AI) aids healthcare professionals in monitoring patients remotely by using sensors as well as automating treatment delivery using mobile applications. In addition, the deployment of Big Data analytics to manage, access, analyse, and process new medical data for the development of more effective medical devices is anticipated to augment the industry growth. Increasing research and development (R&D) activities by the leading companies to develop more advanced devices by utilising technologies such as artificial intelligence (AI), big data, and machine learning are projected to fuel the growth of the medical devices market.

Key Players in the Global Medical Devices Market

The report presents a detailed analysis of the following key players in the market, looking into their capacity, market shares, and latest developments like capacity expansions, plant turnarounds, and mergers and acquisitions:

  • Johnson & Johnson Services, Inc.
  • Fresenius Medical Care AG & Co.
  • GE HealthCare
  • Koninklijke Philips N.V.
  • Medical Device Business Services, Inc.
  • Siemens Healthcare GmbH
  • Cardinal Health
  • MCKESSON CORPORATION
  • Baxter International, Inc.

The comprehensive report looks into the macro and micro aspects of the industry. The EMR report gives an in-depth insight into the market by providing a SWOT analysis as well as an analysis of Porter’s Five Forces model.

Key Highlights of the Report

*At Expert Market Research, we strive to always give you current and accurate information. The numbers depicted in the description are indicative and may differ from the actual numbers in the final EMR report.

1    Preface     1.1    Objectives of the Study     1.2    Key Assumptions      1.3    Report Coverage – Key Segmentation and Scope       1.4    Research Methodology 2    Executive Summary 3    Global Medical Devices Market Overview      3.1    Global Medical Devices Market Historical Value (2017-2023)      3.2    Global Medical Devices Market Forecast Value (2024-2032) 4    Global Medical Devices Market Landscape     4.1    Global Medical Devices Developers Landscape         4.1.1    Analysis by Year of Establishment         4.1.2    Analysis by Company Size         4.1.3    Analysis by Region     4.2    Global Medical Devices Product Landscape         4.2.1    Analysis by Type         4.2.2    Analysis by Applications         4.2.3    Analysis by End User 5    Global Medical Devices Market Dynamics     5.1    Market Drivers and Constraints     5.2    SWOT Analysis     5.3    Porter’s Five Forces Model      5.4    Key Demand Indicators     5.5    Key Price Indicators     5.6    Industry Events, Initiatives, and Trends      5.7    Value Chain Analysis 6    Global Medical Devices Market Segmentation      6.1    Global Medical Devices Market by Type of Devices         6.1.1    Market Overview         6.1.2    Respiratory Devices             6.1.2.1    Nebulizers             6.1.2.2    Humidifiers             6.1.2.3    Oxygen Concentrators             6.1.2.4    Positive Airway Pressure Devices             6.1.2.5    Ventilators             6.1.2.6    Gas Analyzers             6.1.2.7    Capnographs             6.1.2.8    Others         6.1.3    Cardiology Devices             6.1.3.1    Diagnostic & Monitoring Devices                 6.1.3.1.1    Electrocardiogram (ECG)                 6.1.3.1.2    Remote Cardiac Monitoring Devices                 6.1.3.1.3    Others             6.1.3.2    Therapeutic & Surgical Devices                 6.1.3.2.1    Stents                 6.1.3.2.2    Catheters                 6.1.3.2.3    Grafts                 6.1.3.2.4    Heart Valves                 6.1.3.2.5    Others         6.1.4    Orthopedic Devices             6.1.4.1    Joint Replacement Devices             6.1.4.2    Bone Fixation Devices             6.1.4.3    Orthobiologics             6.1.4.4    Braces             6.1.4.5    Others         6.1.5    Diagnostic Imaging Devices             6.1.5.1    X-Ray Machines             6.1.5.2    MRI Scanners             6.1.5.3    CT Scanners             6.1.5.4    Ultrasound Systems             6.1.5.5    Nuclear Imaging Devices             6.1.5.6    Others         6.1.6    Endoscopy Devices             6.1.6.1    Rigid Endoscopy Devices             6.1.6.2    Flexible Endoscopy Devices             6.1.6.3    Capsule Endoscopy Devices             6.1.6.4    Disposable Endoscopy Devices             6.1.6.5    Robot Assisted Endoscopy Devices             6.1.6.6    Endoscopy Visualization Component             6.1.6.7    Operative Devices             6.1.6.8    Others         6.1.7    Ophthalmology Devices             6.1.7.1    Optical Coherence Tomography Scanners             6.1.7.2    Fundus Cameras             6.1.7.3    Perimeters/Visual Field Analysers             6.1.7.4    Autorefractors and Keratometers               6.1.7.5    Slit Lamps             6.1.7.6    Wavefront Aberrometers             6.1.7.7    Optical Biometry Systems             6.1.7.8    Corneal Topography Systems             6.1.7.9    Specular Microscopes             6.1.7.10    Retinoscopes             6.1.7.11    Others         6.1.8    Others     6.2    Global Medical Devices Market by Applications         6.2.1    Market Overview         6.2.2    Cardiology         6.2.3    Oncology         6.2.4    Neurology         6.2.5    Orthopedics         6.2.6    Respiratory         6.2.7    Diabetes Care         6.2.8    Opthalmology         6.2.9    Others     6.3    Global Medical Devices Market by End User         6.3.1    Market Overview         6.3.2    Hospitals and Clinics         6.3.3    Ambulatory Surgical Centres         6.3.4    Home Healthcare         6.3.5    Others     6.4    Global Medical Devices Market by Region         6.4.1    Market Overview         6.4.2    North America          6.4.3    Europe         6.4.4    Asia Pacific         6.4.5    Latin America         6.4.6    Middle East and Africa 7    North America Medical Devices Market     7.1    Market Share by Country     7.2    United States of America     7.3    Canada 8    Europe Medical Devices Market     8.1    Market Share by Country     8.2    United Kingdom     8.3    Germany     8.4    France     8.5    Italy     8.6    Others 9    Asia Pacific Medical Devices Market     9.1    Market Share by Country     9.2    China     9.3    Japan     9.4    India     9.5    ASEAN     9.6    Australia     9.7    Others 10    Latin America Medical Devices Market     10.1    Market Share by Country     10.2    Brazil     10.3    Argentina     10.4    Mexico     10.5    Others 11    Middle East and Africa Medical Devices Market     11.1    Market Share by Country     11.2    Saudi Arabia     11.3    United Arab Emirates     11.4    Nigeria     11.5    South Africa     11.6    Others 12    Patent Analysis     12.1    Analysis by Type of Patent     12.2    Analysis by Publication year     12.3    Analysis by Issuing Authority     12.4    Analysis by Patent Age     12.5    Analysis by CPC Analysis     12.6    Analysis by Patent Valuation      12.7    Analysis by Key Players 13    Grants Analysis     13.1    Analysis by year     13.2    Analysis by Amount Awarded     13.3    Analysis by Issuing Authority     13.4    Analysis by Grant Application     13.5    Analysis by Funding Institute     13.6    Analysis by NIH Departments     13.7    Analysis by Recipient Organization 14    Funding Analysis     14.1    Analysis by Funding Instances     14.2    Analysis by Type of Funding     14.3    Analysis by Funding Amount     14.4    Analysis by Leading Players     14.5    Analysis by Leading Investors     14.6    Analysis by Geography 15    Partnership and Collaborations Analysis     15.1    Analysis by Partnership Instances     15.2    Analysis by Type of Partnership     15.3    Analysis by Leading Players     15.4    Analysis by Geography 16    Regulatory Framework     16.1    Regulatory Overview         16.1.1    US FDA         16.1.2    EU EMA         16.1.3    INDIA CDSCO         16.1.4    JAPAN PMDA         16.1.5    Others 17    Supplier Landscape     17.1    Medtronics         17.1.1    Financial Analysis         17.1.2    Product Portfolio         17.1.3    Demographic Reach and Achievements         17.1.4    Mergers and Acquisitions         17.1.5    Certifications     17.2    Johnson & Johnson Services, Inc.         17.2.1    Financial Analysis         17.2.2    Product Portfolio         17.2.3    Demographic Reach and Achievements         17.2.4    Mergers and Acquisitions         17.2.5    Certifications     17.3    Fresenius Medical Care AG & Co.         17.3.1    Financial Analysis         17.3.2    Product Portfolio         17.3.3    Demographic Reach and Achievements         17.3.4    Mergers and Acquisitions         17.3.5    Certifications     17.4    Abbott         17.4.1    Financial Analysis         17.4.2    Financial Portfolio         17.4.3    Demographic Reach and Achievements         17.4.4    Mergers and Acquisitions         17.4.5    Certifications     17.5    GE HealthCare         17.5.1    Financial Analysis         17.5.2    Product Portfolio         17.5.3    Demographic Reach and Achievements         17.5.4    Mergers and Acquisitions         17.5.5    Certifications     17.6    Koninklijke Philips N.V.         17.6.1    Financial Analysis         17.6.2    Product Portfolio         17.6.3    Demographic Reach and Achievements         17.6.4    Mergers and Acquisitions         17.6.5    Certifications     17.7    Medical Device Business Services, Inc.         17.7.1    Financial Analysis         17.7.2    Product Portfolio         17.7.3    Demographic Reach and Achievements         17.7.4    Mergers and Acquisitions         17.7.5    Certifications     17.8    Siemens Healthcare GmbH         17.8.1    Financial Analysis         17.8.2    Product Portfolio         17.8.3    Demographic Reach and Achievements         17.8.4    Mergers and Acquisitions         17.8.5    Certifications     17.9    Stryker         17.9.1    Financial Analysis         17.9.2    Product Portfolio         17.9.3    Demographic Reach and Achievements         17.9.4    Mergers and Acquisitions         17.9.5    Certifications     17.10    Cardinal Health         17.10.1    Financial Analysis         17.10.2    Product Portfolio         17.10.3    Demographic Reach and Achievements         17.10.4    Mergers and Acquisitions         17.10.5    Certifications     17.11    MCKESSON CORPORATION         17.11.1    Financial Analysis         17.11.2    Product Portfolio         17.11.3    Demographic Reach and Achievements         17.11.4    Mergers and Acquisitions         17.11.5    Certifications     17.12    Baxter International, Inc.         17.12.1    Financial Analysis         17.12.2    Product Portfolio         17.12.3    Demographic Reach and Achievements         17.12.4    Mergers and Acquisitions         17.12.5    Certifications 18    Global Medical Devices Market - Distribution Model (Additional Insight)     18.1    Overview      18.2    Potential Distributors      18.3    Key Parameters for Distribution Partner Assessment  19    Key Opinion Leaders (KOL) Insights (Additional Insight) 20    Company Competitiveness Analysis (Additional Insight)     20.1    Very Small Companies     20.2    Small Companies     20.3    Mid-Sized Companies     20.4    Large Companies     20.5    Very Large Companies 21    Payment Methods (Additional Insight)     21.1    Government Funded     21.2    Private Insurance     21.3    Out-of-Pocket

*Additional insights provided are customisable as per client requirements.

What was the medical devices market size in 2023?

The global medical devices market size attained a value of about USD 562.6 billion in 2023.

What is the forecast outlook for medical devices market?

The market is further expected to grow at a CAGR of 6.2% during the forecast period of 2024-2032 to reach nearly USD 965.2 billion by 2032.

What are the major industry drivers?

The market is being aided by the rising prevalence of health-related issues, rapid digitisation of medical devices, and the robust growth of the healthcare sector.

What are the key industry trends of the global medical devices market?

The industry is expected to be driven by technological advancements, the advent of 3D printing, and increasing research and development (R&D) activities.

What are the major regional markets of medical devices, according to the EMR report?

The major regions in the industry are North America, Latin America, the Middle East and Africa, Europe, and the Asia Pacific.

What are the major medical machines of medical devices in the industry?

The major medical machines in the industry are diagnostic imaging devices and patient monitoring devices, among others.

What are the significant medical instruments in the industry?

The significant medical instruments in the market are catheter, scalpels, scissors and shears, surgical steel knife, cutters, and extractors, among others.

What are the various applications of medical devices?

The various applications of medical devices are orthopaedic, cardiovascular, ophthalmic, dental, and wound care, among others.

What are the different functions of medical devices?

The different functions of medical devices are diagnostic and monitoring, therapeutic, and surgical, among others.

What are the major end uses of medical devices?

The major end uses of medical devices are hospitals and ambulatory centres and homecare device, among others.

Who are the key industry players, according to the report?

The major players in the industry are Medtronic Plc, Johnson & Johnson Services, Inc., Siemens Healthcare Private Limited, GE Healthcare, Philips Healthcare, F. Hoffmann-La Roche Ltd, and Boston Scientific Corporation, among others.

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Industry Statistics

Medical Devices - Worldwide

  • The Medical Devices market market is predicted to achieve a staggering revenue of US$511.20bn by the year 2024.
  • Among the various markets, Cardiology_Devices stands out as the largest, with an estimated market volume of US$74.75bn in the same year.
  • Looking ahead, the industry is expected to witness a steady growth rate of 5.70% annually (CAGR 2024-2028), leading to a projected market volume of US$638.00bn by 2028.
  • When considering the global landscape, it becomes evident that the United States will take the lead in revenue generation, with an estimated amount of US$182.00bn in 2024.
  • The Medical Devices market market's significance is thus highlighted on a global scale.
  • Worldwide, the demand for medical devices is rapidly increasing, with countries like the United States and Germany leading in innovation and adoption.

Key regions: Spain , Japan , United States , Europe , United Kingdom

Definition: The Medical Devices market includes instruments and machines helping for the prevention, diagnosis, and treatment of diseases. This market is further broken down into 9 submarkets according to medical specialties or types of application. Medical devices that treat the heart, such as pacemakers, can be found in the Cardiology Devices market. The Diagnostic Imaging market covers machines and instruments for diagnosis of many different kinds of conditions. Devices for orthopedic applications, such as joint implants, are included in the Orthopedic Devices market. Ophthalmic Devices are devices used for conditions related to the eye. The General & Plastic Surgery Devices covers many different products required for surgeries. Endoscopic Devices employ an endoscope to examine the inside of a hollow organ or body cavity. Diabetes Care Devices include devices used in diabetes treatment. Dental Devices cover products used in the diagnosis, treatment, and prevention of diseases and conditions affecting oral health. The Other Medical Devices market provides information on additional areas that are not covered by the main markets.

Additional information: Market values represent revenues paid to primary vendors at manufacturer price level either directly or through distribution channels (excluding VAT). Reported market revenues include spending by consumers (B2C), enterprises (B2B) as well as governments (B2G). Revenues are allocated to the country where the money is spent. Company examples: Medtronic, Johnson & Johnson, Siemens Healthineers.

  • Implants and prostheses
  • Assistive technology products (e.g., hearing aids, wheelchairs)
  • Clinical engineering products
  • Imaging devices
  • Active medical devices (i.e., operating with electrical energy)

out-of-scope

  • Services (i.e., treatment expenses)
  • Consumer technologies, e.g., fitness trackers
  • Products for laboratory testing (IVD)

Medical Technology

  • In Vitro Diagnostics
  • Cardiology Devices
  • Diagnostic Imaging Devices
  • Orthopedic Devices
  • Ophthalmic Devices
  • General & Plastic Surgery Devices
  • Endoscopic Devices
  • Diabetes Care Devices
  • Dental Devices
  • Other Medical Devices
  • Analyst Opinion

The Medical Devices market is experiencing significant growth worldwide, driven by various factors such as advancements in technology, increasing healthcare expenditure, and growing aging population. Customer preferences: Customers in the Medical Devices market are increasingly seeking innovative and technologically advanced products that can improve patient outcomes and enhance the efficiency of healthcare delivery. They are also looking for devices that are user-friendly, cost-effective, and provide accurate and reliable results. In addition, there is a growing demand for portable and wearable medical devices that enable remote monitoring and personalized healthcare. Trends in the market: One of the key trends in the Medical Devices market is the increasing adoption of digital health technologies. This includes the use of connected devices, telemedicine, and mobile health applications. These technologies enable healthcare providers to remotely monitor patients, gather real-time data, and provide personalized care. They also facilitate the integration of healthcare systems and improve the overall efficiency of healthcare delivery. Another trend in the market is the growing demand for minimally invasive medical devices. These devices are designed to perform procedures with smaller incisions, resulting in reduced pain, shorter hospital stays, and faster recovery times for patients. In addition, minimally invasive devices often offer better precision and accuracy, leading to improved patient outcomes. Local special circumstances: In developed countries, such as the United States and Western European countries, the Medical Devices market is driven by factors such as high healthcare expenditure, favorable reimbursement policies, and advanced healthcare infrastructure. These countries have a large aging population, which increases the demand for medical devices for the treatment of chronic diseases and age-related conditions. In emerging markets, such as China and India, the Medical Devices market is driven by factors such as increasing healthcare spending, government initiatives to improve healthcare infrastructure, and growing awareness about healthcare. These countries have a large population with rising disposable incomes, which is driving the demand for medical devices. Underlying macroeconomic factors: The growth of the Medical Devices market is closely tied to macroeconomic factors such as GDP growth, healthcare expenditure, and government healthcare policies. Countries with higher GDP growth and healthcare expenditure tend to have a larger Medical Devices market. In addition, favorable government policies, such as tax incentives and subsidies for medical devices, can further stimulate market growth. Overall, the Medical Devices market is expected to continue growing worldwide, driven by technological advancements, increasing healthcare expenditure, and the need for improved healthcare outcomes. The adoption of digital health technologies and minimally invasive devices are key trends shaping the market. Local special circumstances, such as aging populations and government initiatives, also play a significant role in driving market growth.

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U.S. Medical Devices Market Size, Share & COVID-19 Impact Analysis, By Type (Orthopedic Devices, Cardiovascular Devices, Diagnostic Imaging, In-vitro Diagnostics, Minimally Invasive Surgery, Wound Management, Diabetes Care, Ophthalmic Devices, Dental Devices, Nephrology, General Surgery, and Others); By End User (Hospitals & ASCs, Clinics, and Others), and Regional Forecast, 2023-2030

Region : USA | Format: PDF | Report ID: FBI107009

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KEY MARKET INSIGHTS

The U.S. medical devices market size was valued at USD 184.61 billion in 2022 and is anticipated to grow from USD 192.78 billion in 2023 to USD 291.04 billion by 2030, exhibiting a CAGR of 6.1% during the forecast period.

The U.S. has witnessed substantial growth in the geriatric population over the years. A demographic research projection published by the University of Washington in July 2021 since the beginning of the 21st century assumed that every other person born in the U.S. will live up to 100 years. The rising geriatric population is leading to the increasing prevalence of age-related disorders such as cataracts, chronic obstructive pulmonary disease, hypertension, osteoarthritis, diabetes, depression, and dementia.

  • According to the U.S. Census Bureau report, by 2060, the number of patients suffering from diabetes is projected to increase by 25.1% to 162 million.

The growing prevalence and increasing cost burden of chronic and lifestyle diseases have led growing emphasis of healthcare agencies, government, and healthcare providers on the timely and routine treatment of patients. Thus, through awareness programs and campaigns, several national and regional healthcare agencies have actively promoted the diagnosis and treatment of common diseases.

This factor increased awareness among the geriatric population toward products and services for diagnosis and treatment, which is presenting a large patient pool undergoing treatment. Further, high treatment rates are driving the demand for these devices in hospitals, clinics, and other healthcare settings.

Additionally, to cater to the growing demand for advanced devices, medical devices companies are now investing in R&D to introduce healthcare devices with various advanced capabilities, such as AI intelligence, 3D imaging , wearable heart rate trackers, and others. Thus, rising launches of such advanced devices and their increased presence across the globe have further propelled market growth.

  • For instance, in April 2022, Biotricity, a U.S. medical device company, announced the launch of Biotres, a wireless wearable cardiac monitoring device. Biotres is a three-lead device designed to continuously monitor heart activity and record electrocardiogram data for early detection of cardiac arrhythmias.

COVID-19 IMPACT 

Declining Elective Surgeries Restrained the Market amid the COVID-19 Pandemic

The COVID-19 pandemic has significantly affected the development and deployment of these devices in the U.S. The restrictions imposed during the pandemic led to the postponement or cancellation of non-essential and elective procedures such as dental, orthopedic, and ophthalmic surgeries.

  • For instance, a study published by LAC+USC Medical Center revealed that during the initial wave of the COVID-19 pandemic, the average surgical case rate for elective colorectal procedures declined to approximately 2.4 patients/week from an average of 9.2 patients/week in the previous two years. This decline indicates a 74% relative decrease.

Medical device manufacturers providing medical equipment for elective procedures such as diagnostic imaging and dental procedures witnessed a considerable decline in revenues for 2020 as compared to 2019.

  • For instance, according to Johnson & Johnson Services, Inc. statistics 2020, surgery device sales were USD 8.20 billion in 2020, a decrease of 13.4% from 2019. The decline in advanced surgery was attributed to the negative impact of COVID-19.

However, the increasing patient pool for COVID-19 diagnosis led to increasing adoption of COVID-19 tests compared to decreasing routine IVD tests such as diabetes and cancer screening in 2020. Furthermore, after the pandemic, routine tests regained substantial growth coupled with high demand for COVID-19 tests. Thus, these cumulative factors propelled the in-vitro diagnostics segment share in 2021.

Similarly, leading industry players in the manufacturing of in-vitro diagnostic devices and devices in other segments, such as beds, gloves, masks, respirators, and other hospital supplies, witnessed high demand for these products in 2020 and 2021.

  • For instance, Thermo Fisher Scientific Inc. generated a revenue of USD 39.21 billion in the financial year 2021, with a growth of 22.0% compared to USD 32.22 billion in 2020. The growth was attributed to high sales of IVD devices during the COVID-19 pandemic.

Moreover, in 2021, to re-establish the country's manufacturing potency, the U.S. government focused on building strong supply chains across the globe. Similarly, high product approvals, the introduction of technologically advanced devices, and the rising demand for home healthcare devices propelled the market growth in 2021.

  • For instance, in May 2022, GE Healthcare entered the homecare segment with a strategic investment of USD 50 million in Pulsenmore, an Israel-based company. The investment aimed to accelerate the adoption of Pulsenmore’s homecare ultrasound solutions.

LATEST TRENDS

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Rising Remote Monitoring Preference by Healthcare Providers in the U.S. Propelled Industry Growth

A growing number of adults and children participating in leisure and competitive sports activities such as cycling, running, and other sports have splurged the demand for activity trackers. Similarly, the rising focus on diagnosis and real-time monitoring of patients by regional and national healthcare agencies has been pivotal in the higher demand for wearable devices.

  • For instance, according to MSI International survey outcome published in June 2021, 80% of Americans were oriented toward remote patient monitoring. Around half of these Americans favored including it in medical care. Also, according to the same survey, 88% of patients had healthcare performed remotely in the last 12 months.
  • In October 2021, AliveCor, Inc. announced the launch of AliveCor Labs, an Independent Diagnostic Testing Facility (IDTF) in the U.S. The IDTF helped healthcare providers with enhanced and reimbursed cardiac monitoring services, including access to real-time data to help inform clinical decision-making.

This factor presents enormous opportunities for new entrants, domestic players, and established global market players to focus on this segment and introduce new devices to cater to the ever-increasing demand. Thus, the population's sheer size and the country's potential market aids entrants in providing remote monitoring devices at competitive pricing.

DRIVING FACTORS

Robust Pipeline and Increasing Investments in R&D by Industry Players to Propel Market Growth

Major industry players are actively investing in the research and development of advanced devices. The presence of potential devices in the end stage of development is expected to boost the demand for these devices.

  • For instance, in January 2022, Cook Medical received the U.S. FDA Breakthrough Designation for a new drug-eluting stent for below the knee (BTK) to treat patients with chronic limb-threatening ischemia (CLTI).

The U.S. medical device manufacturers with a strong emphasis on R&D are shifting their strategies to introduce devices enhanced with new technologies. Thus, rising investments in R&D and breakthrough technologies to accelerate the manufacturing of these devices are expected to propel the market growth.

  • For instance, in October 2022, GlucoTrack Inc. announced its plan to expand its product pipeline under its new R&D program for a long-term Continuous Glucose Monitor (CGM). With R&D focus on an implantable glucose management platform, the company will enter the Type I diabetes market.

Therefore, such a robust pipeline of advanced devices and high investments by the manufacturers is anticipated to fuel the adoption of these devices, further propelling the market growth.

RESTRAINING FACTORS

High Cost of Devices to Limit their Adoption in Small & Mid-sized Facilities

Medical devices have witnessed significant developments in the last decade by integrating new technologies, modifications in design, and updating other parameters. However, these devices' overall cost is higher, including acquisition and maintenance costs. Along with capital-intensive devices, some advanced healthcare devices are associated with various components, including cameras, batteries, chips, sensors, and other accessories that need periodic replacement.

  • For instance, INUMAC MRI scanner is a neuro disease imaging equipment and can generate a power of 11.75 Tesla, whereas conventional MRI systems generate a power ranging between 1.5-3 Tesla. The development of INUMAC MRI system took seven years and owing to its advanced features and huge investment in R&D, the scanner cost is approximately USD 270 million.

Moreover, the increasing utilization of medical devices with current costs imposes an economic burden on small & mid-sized healthcare facilities such as health clinics, Ambulatory Surgical Centers (ASCs), and imaging centers. Compared to independent hospitals, rising costs in these facilities will further restrain the U.S. medical devices market growth.

  • For instance, according to American Hospital Association, the hospital supplies expenses for hospitals were 15.9% higher by the end of 2021 compared to 2019. Also, ICUs and medical supplies expenditures were 31.5% higher in 2021 compared to 2019.

Thus, such high medical device costs limit the adoption of these devices, further hampering the demand for these devices and the growth of this industry.

SEGMENTATION

By type analysis.

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Increasing Cardiovascular Surgeries to Drive the Cardiovascular Devices Segment

Based on type, the market is segmented into orthopedic devices, cardiovascular devices , in-vitro diagnostics, diagnostic imaging devices, Minimally Invasive Surgery (MIS) devices, wound management devices, diabetes care devices, ophthalmic devices, nephrology, dental, and others.

Among types, the cardiovascular devices segment is projected to register a comparatively higher CAGR owing to the rising prevalence of cardiovascular diseases in the U.S., the rising number of cardiovascular surgeries, and product launches by the U.S. medical device manufacturers.

  • For instance, according to American Heart Association, about 805,000 Americans witness at least one heart attack annually, and out of these cases, 605,000 cases are of first heart attack. The increasing patient pool is anticipated to use different types of medical devices such as implantable cardioverter defibrillators, cardiac ablation catheters, Automated External Defibrillators (AEDs), and others as a part of their treatment, thereby contributing to increased demand for cardiovascular devices in coming years.
  • In December 2022, Abbott launched Navitor, a Transcatheter Aortic Valve Implantation (TAVI) system, to make minimally invasive devices available for people with severe aortic stenosis.

In addition, the orthopedic segment is anticipated to grow significantly due to rising patient pool suffering from orthopedic disorders, mainly arthritis and an increasing number of joint replacement procedures in the U.S.

  • According to an article published by the Centers for Disease Control and Prevention (CDC), about 54.4 million U.S. adults have some form of arthritis. This prevalence is projected to reach 78.0 million by the year 2040.

Moreover, the increasing uptake of real-time diagnostic tests to diagnose chronic diseases, such as diabetes and cancer, contributes to the segment growth. Similarly, growing R&D investments by industry players to launch new IVD products, such as disease-specific markers and tests, further propelled the segment share.

  • According to an article published by the PEW Charitable Trusts in October 2021, an estimated 3.3 billion IVD tests, including both FDA-reviewed and Lab-Developed Tests (LDTs) are performed in the U.S. every year.

The other segment accounted for the largest market share in 2022. The dominance is attributed to the rising burden of chronic diseases in the country coupled with increasing demand for rehabilitation and palliative care devices in homecare settings in the U.S. In September 2021, OMRON Healthcare Co., Ltd. announced that cumulative global sales of its home-use blood pressure monitors reached more than 300.0 million units since releasing its first electronic blood pressure monitor nearly 50 years ago.

By End User Analysis

Rising Number of Admissions to Drive the Growth of the Hospitals & Ambulatory Surgery Centers (ASCs) Segment

Based on end user, the market is segmented into hospitals & Ambulatory Surgery Centers (ASCs), clinics, and others.

The hospitals & Ambulatory Surgery Centers (ASCs) segment accounted for the highest U.S. medical devices market share in 2022. The increasing patient population with chronic and life-threatening diseases resulting in a higher hospitalization rate in the U.S. is primarily responsible for the growing demand and adoption of healthcare devices in these settings.

  • For instance, according to American Hospital Association, around 6,093 hospitals in the U.S. reported 36.2 million hospital admissions in 2021. Also, the number of non-government community hospitals increased to 2,946 in 2021 from 2,937 in 2020.

The others segment is projected to grow at a substantial CAGR during the forecast period. The increasing healthcare expenditure in the U.S. leading to the rising number of healthcare facilities, such as nursing homes, long-term care centers, and others, offering treatment for different diseases, is expected to increase the demand and adoption of these devices and will subsequently drive the growth of these segments during the forecast period.

KEY INDUSTRY PLAYERS

Mergers and Acquisitions by Key Players to Propel Market Progress

The market is fragmented, with leading players such as Medtronic, Johnson & Johnson Services, Inc., and Abbott accounting for less than 25% share in 2022. The focus of top market players is adopting strategies such as joint ventures, expansion, collaborations, and acquisitions to develop novel devices for patients suffering from chronic diseases.

  • December 2022 - Johnson & Johnson Services, Inc. announced the acquisition of Abiomed, Inc. The acquisition aimed to accelerate growth in MedTech business and deliver innovative medical technologies to more people worldwide.
  • September 2022 - Abbott acquired Walk Vascular, LLC, a medical device company with a minimally invasive mechanical aspiration thrombectomy system designed to remove blood clots to broaden its cardiovascular portfolio segment.

Other prominent market players are Stryker Corporation, Boston Scientific Corporation, Siemens Healthineers AG, Roche, GE Healthcare, Danaher, Fresenius Medical Care AG & Co. KgaA, and BD. A significant rise in the prevalence of chronic diseases, extensive device approvals, and favorable reimbursement scenarios for high-end instruments is projected to propel the number of emerging players in the U.S. medical devices industry by 2030.

LIST OF KEY COMPANIES PROFILED:

  • Medtronic (Ireland)
  • Abbott (U.S.)
  • Johnson & Johnson Services, Inc. (U.S.)
  • Stryker (U.S.)
  • BD (Becton, Dickinson, and Company) (U.S.)
  • Boston Scientific Corporation (U.S.)
  • Siemens Healthineers AG (Germany)
  • F. Hoffmann-La Roche AG (Switzerland)
  • Danaher (U.S.)

KEY INDUSTRY DEVELOPMENTS:

  • February 2023 - Abbott received approval from the U.S. FDA and CE mark as European approval for TactiFlex Ablation Catheter, Sensor Enabled. The catheter helps treat people with abnormal heart rhythms such as atrial fibrillation (AFib).
  • February 2023 - Siemens Healthineers AG signed an agreement with Unilabs. Under the agreement, Unilabs invested in Siemens Healthcare GmbH’s top-notch technology. It will acquire more than 400 laboratory analyzers and improve its laboratory infrastructure to offer a consummate service to its customers.
  • January 2023 - BD announced the launch of a robotic track system that automates lab specimen processing, which may help to reduce manual labor and wait time for results.
  • January 2023 - Koninklijke Philips N.V. announced an expansion of its partnership with Masimo to augment patient monitoring capabilities in home telehealth applications with the Masimo W1 advanced health tracking watch.
  • January 2023 - Abbott received U.S. FDA approval for Proclaim XR Spinal Cord Stimulation (SCS) system to treat painful Diabetic Peripheral Neuropathy (DPN).

REPORT COVERAGE

An Infographic Representation of U.S. Medical Devices Market

U.S. Medical Devices Market

To get information on various segments, share your queries with us

The market report provides a detailed market analysis and focuses on crucial aspects such as manufacturers, products, and end users. Additionally, it offers insights into market trends, key industry developments such as collaboration, partnerships, & acquisitions, and the impact of COVID-19 on the market. In addition to the above-mentioned factors, the report includes the factors that have contributed to the market growth in recent years with a regional analysis of different segments.

Report Scope & Segmentation

Frequently asked questions.

Fortune Business Insights says that the U.S. market size was USD 184.61 billion in 2022 and is projected to reach USD 291.04 billion by 2030.

The market will exhibit a CAGR of 6.1% in the forecast period (2023-2030).

The rising prevalence of chronic diseases and increasing number of surgical and diagnostic procedures across the U.S. are the key factors driving the growth of the market.

Medtronic, Abbott Laboratories, Johnson & Johnson Services, Inc., and Stryker are major players in the global market.

Factors such as technological advancements, rapid diagnostics, and product approvals in the U.S. are expected to drive the adoption of these products.

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  • PUBLISHED ON: May, 2023
  • BASE YEAR: 2022
  • HISTORICAL DATA: 2019-2021
  • NO OF PAGES: 148

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Medical Devices

Breakthrough in medical technologies has led to tremendous transformation in patients care. Minimally invasive or non-invasive technologies have not only lower the medical diagnostic cost but it also helps the patients in speedy recovery. Rising number of manufacturers along with the increasing healthcare spending’s and government initiatives is positively supporting the demand for advanced medical devices. Value Market Research monitors the significant market trends in medical devices industry.

Reports by Industry

Global Implantable Insulin Pump Market Report By Product Type (Closed-Loop Insulin Pump, Open-Loop Insulin Pump), By Diabetes (Type 1 Diabetes, Type 2 Diabetes), By End-User (Hospitals, Home-Care) And By Regions - Industry Trends, Size, Share, Growth, Estimation and Forecast, 2023-2032

The global demand for Implantable Insulin Pump Market is presumed to reach the market size of nearly USD 6.68 Billion by 2032 from USD 2.96 Billion in 2023 with a CAGR of 9.47% under the study period 2024 - 2032.

An implantable insulin pump is a small device surgically placed beneath the skin to deliver insulin directly into the body. It mimics the function of the pancreas by continuously providing insulin or allowing the user to administer insulin doses as needed. This technology offers greater convenience and improved glucose control for individuals with diabetes, reducing the need for frequent injections.

Market Dynamics

The increasing prevalence of diabetes worldwide has created a growing demand for innovative and efficient insulin delivery systems. Morever, technological advancements in medical devices, such as miniaturization, wireless connectivity, and sensor integration, have enhanced the functionality and usability of implantable insulin pumps, making them more attractive to patients and healthcare providers. Additionally, the shift towards personalized medicine and patient-centered care has led to greater adoption of implantable insulin pumps, as they offer customizable insulin delivery profiles tailored to individual patient needs. Moreover, implantable insulin pumps' convenience and lifestyle benefits, such as reduced need for frequent injections, improved treatment adherence, and enhanced quality of life, contribute to their growing acceptance among diabetic patients. Furthermore, favorable reimbursement policies and spurring healthcare expenditure in emerging markets are expected to support market growth. However, regulatory hurdles and stringent approval processes for medical devices may hinder market growth in the coming years.

The research report covers Porter’s Five Forces Model, Market Attractiveness Analysis, and Value Chain analysis. These tools help to get a clear picture of the industry’s structure and evaluate the competition attractiveness at a global level. Additionally, these tools also give an inclusive assessment of each segment in the global market of implantable insulin pump. The growth and trends of implantable insulin pump industry provide a holistic approach to this study. 

Market Segmentation

This section of the implantable insulin pump market report provides detailed data on the segments at country and regional level, thereby assisting the strategist in identifying the target demographics for the respective product or services with the upcoming opportunities. 

By Product Type

  • Closed-Loop Insulin Pump
  • Open-Loop Insulin Pump

By Diabetes

  • Type 1 Diabetes
  • Type 2 Diabetes

By End-User

Regional Analysis

This section covers the regional outlook, which accentuates current and future demand for the Implantable Insulin Pump market across North America, Europe, Asia-Pacific, Latin America, and Middle East & Africa. Further, the report focuses on demand, estimation, and forecast for individual application segments across all the prominent regions.

Global Implantable Insulin Pump Market Share by Region (Representative Graph)

Global Implantable Insulin Pump Market Share

The research report also covers the comprehensive profiles of the key players in the market and an in-depth view of the competitive landscape worldwide. The major players in the Implantable Insulin Pump market include Baxter Corporation, Medtronic, BD, Teleflex Incorporated, Johnson and Johnson Services Inc., B. Braun Melsungen AG, Novo Nordisk A/S, AngioDynamics, Smith + Nephew, Pfizer Inc., Hoffmann-La Roche Ltd., ZOLL Medical Corporation, Thermo Fisher Scientific Inc. This section consists of a holistic view of the competitive landscape that includes various strategic developments such as key mergers & acquisitions, future capacities, partnerships, financial overviews, collaborations, new product developments, new product launches, and other developments.

Global Electric Acupuncture Devices Market Report By Application (Neurological Disorders, Psychological Illnesses, Pain Management, Gynecological Disorders, Dermatological Conditions, Others), By End-User (Hospitals, Rehabilitation Centers, Specialty Clinics & Wellness Centre, Homecare Settings, Research & Academic Institutes, Others), By Type (Electro Acupuncture Point Stimulators, Acupuncture Disposable Needles, Acupuncture Non-Disposable Needles), By Direct Sales (Distributors & Wholesalers, Online Retailers, Pharmacies & Drug Stores, Others) And By Regions - Industry Trends, Size, Share, Growth, Estimation and Forecast, 2023-2032

The global demand for Electric Acupuncture Devices Market is presumed to reach the market size of nearly USD 205.00 MN by 2032 from USD 97.08 MN in 2023 with a CAGR of 8.66% under the study period 2024 - 2032.

Electric acupuncture devices are medical devices used to administer acupuncture therapy by delivering electrical stimulation to acupuncture points in the body. These devices typically consist of electrodes that are attached to the skin or inserted into acupuncture points, connected to a control unit that generates electrical pulses of varying frequency, intensity, and waveform. These devices are used to treat a variety of health conditions, including pain management, musculoskeletal disorders, neurological conditions, and respiratory ailments. They offer a non-invasive and potentially more controlled approach to acupuncture therapy compared to traditional needle-based techniques.

The Electric acupuncture devices market is driven by the increasing acceptance and adoption of acupuncture as a complementary therapy for managing chronic pain, musculoskeletal disorders, and stress-related ailments. Moreover, the growing awareness and interest in holistic healthcare approaches, including traditional Chinese medicine practices like acupuncture, are driving market demand for electric acupuncture devices that offer convenient and effective home-based treatment solutions. Additionally, advancements in technology such as microcurrent therapy, electroacupuncture, and transcutaneous electrical nerve stimulation (TENS) are driving innovation in electric acupuncture devices, enabling personalized treatment protocols, adjustable intensity levels, and targeted stimulation for individual patient needs.

Furthermore, the expanding demographic of aging populations and individuals seeking alternative therapies for chronic pain management and wellness maintenance is fueling market growth for electric acupuncture devices. Moreover, the increasing availability of portable and user-friendly electric acupuncture devices, coupled with online distribution channels and direct-to-consumer marketing strategies, is expanding market reach and accessibility to a wider consumer base. Furthermore, strategic partnerships, collaborations, and regulatory approvals among medical device manufacturers, healthcare practitioners, and research institutions are fostering innovation and driving market expansion. However, challenges such as limited scientific evidence, regulatory compliance, and practitioner training may hinder market adoption. 

The research report covers Porter’s Five Forces Model, Market Attractiveness Analysis, and Value Chain analysis. These tools help to get a clear picture of the industry’s structure and evaluate the competition attractiveness at a global level. Additionally, these tools also give an inclusive assessment of each segment in the global market of electric acupuncture devices. The growth and trends of electric acupuncture devices industry provide a holistic approach to this study. 

This section of the electric acupuncture devices market report provides detailed data on the segments at country and regional level, thereby assisting the strategist in identifying the target demographics for the respective product or services with the upcoming opportunities. 

By Application

  • Neurological Disorders
  • Psychological Illnesses
  • Pain Management
  • Gynecological Disorders
  • Dermatological Conditions
  • Rehabilitation Centers
  • Specialty Clinics & Wellness Centre
  • Homecare Settings
  • Research & Academic Institutes
  • Electro Acupuncture Point Stimulators
  • Acupuncture Disposable Needles
  • Acupuncture Non-Disposable Needles

By Direct Sales

  • Distributors & Wholesalers
  • Online Retailers
  • Pharmacies & Drug Stores

This section covers the regional outlook, which accentuates current and future demand for the Electric Acupuncture Devices market across North America, Europe, Asia-Pacific, Latin America, and Middle East & Africa. Further, the report focuses on demand, estimation, and forecast for individual application segments across all the prominent regions.

Global Electric Acupuncture Devices Market Share by Region (Representative Graph)

Global Electric Acupuncture Devices Market Share

The research report also covers the comprehensive profiles of the key players in the market and an in-depth view of the competitive landscape worldwide. The major players in the Electric Acupuncture Devices market include Suzhou Hualun Medical Appliance Co. Ltd., Wuxi Biomedical Technology Co. Ltd., Schwa-medico GmbH, Zepter International, Omron Corporation, MKW Lasersystem GmbH, Cymedics GmbH & Co. KG, Ito Co. Ltd., Asia-med GmbH, Wuxi Jiajian Medical Instruments Co. Ltd. This section consists of a holistic view of the competitive landscape that includes various strategic developments such as key mergers & acquisitions, future capacities, partnerships, financial overviews, collaborations, new product developments, new product launches, and other developments.

Global Disposable Syringes Market Report By Type (Conventional Syringes, Safety Syringes (Retractable Safety Syringes, Non-retractable Safety Syringes)), By End-use (Hospitals , Outpatient Facilities, Research & Manufacturing) And By Regions - Industry Trends, Size, Share, Growth, Estimation and Forecast, 2023-2032

The global demand for Disposable Syringes Market is presumed to reach the market size of nearly USD 28.04 Billion by 2032 from USD 15.01 Billion in 2023 with a CAGR of 7.19% under the study period 2024 - 2032.

Disposable syringes are single-use medical devices used to inject or withdraw fluids from the body. These syringes consist of a plastic barrel with a plunger and a hollow needle, allowing for precise measurement and administration of medications, vaccines, and fluids. These syringes offer sterility, convenience, and safety advantages, reducing the risk of contamination and patient cross-infection. They are commonly used in healthcare settings for various medical procedures, including vaccinations, blood draws, and insulin administration.

Disposable syringes play a crucial role in modern healthcare systems, driven by several key factors that address the needs of healthcare providers, patients, and regulatory agencies. Firstly, the increasing prevalence of infectious diseases and the need for safe injection practices drive market growth. Disposable syringes reduce the risk of needlestick injuries, cross-contamination, and bloodborne infections, thus improving healthcare outcomes and reducing healthcare-associated infections. Secondly, advancements in syringe design and technology, including safety features such as retractable needles, needle shields, and built-in safety mechanisms, enhance market appeal by offering healthcare providers user-friendly and reliable injection devices. These safety innovations reduce the risk of accidental needlestick injuries and occupational hazards, improving workplace safety and compliance with regulatory standards. 

Thirdly, the globalization of healthcare and the expansion of immunization programs and vaccination campaigns drive market growth as governments and international organizations invest in the procurement and distribution of disposable syringes for mass vaccination efforts. Additionally, the growing trend towards home healthcare and self-administration of injectable medications further stimulates market growth as patients seek convenient and easy-to-use injection devices for managing chronic conditions and administering prescribed therapies. 

Moreover, stringent regulatory standards and quality control measures ensure disposable syringes' safety, efficacy, and reliability, fostering consumer trust and market confidence in these essential medical devices. Furthermore, the focus on sustainability and environmental stewardship drives market demand for eco-friendly and recyclable syringe materials, contributing to market growth and sustainability initiatives in the healthcare sector. However, advancements in drug delivery systems and alternative medical procedures may challenge the market growth in the coming years.

The research report covers Porter’s Five Forces Model, Market Attractiveness Analysis, and Value Chain analysis. These tools help to get a clear picture of the industry’s structure and evaluate the competition attractiveness at a global level. Additionally, these tools also give an inclusive assessment of each segment in the global market of disposable syringes. The growth and trends of disposable syringes industry provide a holistic approach to this study. 

This section of the disposable syringes market report provides detailed data on the segments at country and regional level, thereby assisting the strategist in identifying the target demographics for the respective product or services with the upcoming opportunities. 

  • Conventional Syringes
  • Safety Syringes (Retractable Safety Syringes, Non-Retractable Safety Syringes)
  • Outpatient Facilities
  • Research & Manufacturing

This section covers the regional outlook, which accentuates current and future demand for the Disposable Syringes market across North America, Europe, Asia-Pacific, Latin America, and Middle East & Africa. Further, the report focuses on demand, estimation, and forecast for individual application segments across all the prominent regions.

Global Disposable Syringes Market Share by Region (Representative Graph)

Global Disposable Syringes Market Share

The research report also covers the comprehensive profiles of the key players in the market and an in-depth view of the competitive landscape worldwide. The major players in the Disposable Syringes market include Medtronic, Nipro Corp., Fresenius Kabi AG, Baxter, Braun Medical, Inc., Becton, Dickinson and Company (BD), Flextronics International Vita Needle Company, Terumo Corp., Novo Nordisk, Ultimed, Inc., Henke-Sass, Wolf, Retractable Technologies, Inc. This section consists of a holistic view of the competitive landscape that includes various strategic developments such as key mergers & acquisitions, future capacities, partnerships, financial overviews, collaborations, new product developments, new product launches, and other developments.

Global Cold Chain Equipment Market Report By Equipment Type (Storage Equipment (On-grid (Walk-in Coolers, Walk-in Freezers, Ice-lined Refrigerators, Deep Freezers), Off-grid (Solar Chillers, Milk Coolers, Solar Powered Cold Boxes, Others), Transportation Equipment)), By Application (Fruits & Vegetables, Fruit & Pulp Concentrates, Dairy Products, Fish, Meat & Seafood, Processed Food, Pharmaceuticals, Bakery & Confectionaries, Others) And By Regions - Industry Trends, Size, Share, Growth, Estimation and Forecast, 2023-2032

The global demand for Cold Chain Equipment Market is presumed to reach the market size of nearly USD 95.24 Billion by 2032 from USD 16.84 Billion in 2023 with a CAGR of 21.23% under the study period 2024 - 2032.

Cold chain equipment comprises refrigeration and temperature-controlled systems that uphold the integrity and freshness of perishable goods across the supply chain, from production to consumption. It includes refrigerated trucks, cold storage facilities, refrigeration units, and temperature monitoring devices designed to preserve the safety and quality standards of food, pharmaceuticals, and other temperature-sensitive products during storage and transportation.

Increasing demand for perishable goods, including food products, pharmaceuticals, and biologics, has heightened the need for reliable cold chain infrastructure to maintain product quality and safety throughout the supply chain. Cold chain equipment, such as refrigerated trucks, cold storage facilities, and temperature-controlled packaging, plays a critical role in preserving the freshness and efficacy of perishable goods during transportation, storage, and distribution, driving their adoption across various industries. Additionally, stringent regulatory requirements and quality standards governing the handling and transportation of temperature-sensitive products, coupled with the growing emphasis on product traceability and transparency, have fueled the demand for advanced cold chain solutions that offer real-time monitoring, temperature mapping, and compliance management capabilities.

Moreover, the globalization of supply chains and the expansion of e-commerce platforms have increased the complexity and scale of cold chain operations, propelling investment in innovative cold chain technologies, automation solutions, and last-mile delivery strategies to optimize efficiency, reduce costs, and minimize product losses. Furthermore, the growing awareness of environmental sustainability and adopting eco-friendly refrigerants and energy-efficient cold chain equipment is expected to fuel further innovation and investment in the cold chain equipment market, supporting the transition toward a more sustainable and resilient cold chain ecosystem. However, logistical challenges, including infrastructure limitations, temperature control requirements, and transportation complexities, are predicted to hamper market growth.

The research report covers Porter’s Five Forces Model, Market Attractiveness Analysis, and Value Chain analysis. These tools help to get a clear picture of the industry’s structure and evaluate the competition attractiveness at a global level. Additionally, these tools also give an inclusive assessment of each segment in the global market of cold chain equipment. The growth and trends of cold chain equipment industry provide a holistic approach to this study. 

This section of the cold chain equipment market report provides detailed data on the segments at country and regional level, thereby assisting the strategist in identifying the target demographics for the respective product or services with the upcoming opportunities. 

By Equipment Type

  • Storage Equipment (On-Grid (Walk-In Coolers, Walk-In Freezers, Ice-Lined Refrigerators, Deep Freezers), Off-Grid (Solar Chillers, Milk Coolers, Solar Powered Cold Boxes, Others)
  • Transportation Equipment
  • Fruits & Vegetables
  • Fruit & Pulp Concentrates
  • Dairy Products
  • Fish, Meat & Seafood
  • Processed Food
  • Pharmaceuticals
  • Bakery & Confectionaries

This section covers the regional outlook, which accentuates current and future demand for the Cold Chain Equipment market across North America, Europe, Asia-Pacific, Latin America, and Middle East & Africa. Further, the report focuses on demand, estimation, and forecast for individual application segments across all the prominent regions.

Global Cold Chain Equipment Market Share by Region (Representative Graph)

Global Cold Chain Equipment Market Share

The research report also covers the comprehensive profiles of the key players in the market and an in-depth view of the competitive landscape worldwide. The major players in the Cold Chain Equipment market include Thermo King, Carrier Transicold, Zanotti SpA, Viessmann, Schmitz Cargobull, Fermod, Intertecnica, ebm-papst Group, CAREL, Bitzer, Kelvion, Incold S.p.A., Rivacold srl, Kason Industries, Inc., and CHG Europe BV. This section consists of a holistic view of the competitive landscape that includes various strategic developments such as key mergers & acquisitions, future capacities, partnerships, financial overviews, collaborations, new product developments, new product launches, and other developments.

Global Anal Irrigation Systems Market Report By Product (Mini Devices, Cone Devices, Balloon Catheter Devices, Bed Systems), By Patient (Adults, Children), By End-user (Hospitals, Ambulatory Surgery Centers, Clinics, Home Care Settings, Rehabilitation Centers) And By Regions - Industry Trends, Size, Share, Growth, Estimation and Forecast, 2023-2032

The global demand for Anal Irrigation Systems Market is presumed to reach the market size of nearly USD 493.4 Million by 2032 from USD 343.08 Million in 2023 with a CAGR of 4.12% under the study period 2024 - 2032.

Anal irrigation systems are medical devices designed to flush and cleanse the rectum and lower bowel by delivering a controlled stream of water or saline solution into the anal canal. These systems are commonly used to manage symptoms associated with various conditions, such as fecal incontinence, neurogenic bowel dysfunction, and chronic constipation. By promoting regular bowel movements and preventing fecal impaction, anal irrigation systems can improve bowel function, lower the risk of complications, and improve the quality of life for individuals with bowel dysfunction or anorectal disorders.

The increasing prevalence of bowel management disorders such as fecal incontinence, constipation, and neurogenic bowel dysfunction is driving demand for effective and convenient bowel management solutions. Anal irrigation systems offer advantages such as bowel emptying on-demand, reduced risk of bowel accidents, and enhanced quality of life for individuals experiencing bowel dysfunction, making them a preferred alternative to traditional bowel care methods such as laxatives, enemas, and manual evacuation. Additionally, advancements in medical device technologies, including the development of user-friendly and portable anal irrigation systems, are driving innovation in the market, enabling manufacturers to cater to diverse patient needs and preferences. Moreover, the growing acceptance of anal irrigation as a standard of care by healthcare professionals, caregivers, and patients, coupled with increasing awareness about the benefits of regular bowel irrigation for bowel health and continence management, is propelling market adoption of anal irrigation systems in clinical and home care settings. Furthermore, the expanding market opportunities in aging populations, disability care, and chronic disease management, driven by demographic trends such as population aging, rising prevalence of chronic conditions, and increasing healthcare expenditures, promote market demand as part of comprehensive bowel management programs. Additionally, the increasing investments in patient education, training, and support programs by healthcare providers, patient advocacy groups, and medical device manufacturers stimulate market growth by raising awareness, improving accessibility, and enhancing patient outcomes. Moreover, the regulatory support for medical devices and bowel management products, including quality standards, reimbursement coverage, and patient safety regulations, is driving market incentives for manufacturers to develop and commercialize anal irrigation systems. However, limited awareness, cultural taboos, and competition from alternative treatment options may hinder market growth.

The research report covers Porter’s Five Forces Model, Market Attractiveness Analysis, and Value Chain analysis. These tools help to get a clear picture of the industry’s structure and evaluate the competition attractiveness at a global level. Additionally, these tools also give an inclusive assessment of each segment in the global market of anal irrigation systems. The growth and trends of anal irrigation systems industry provide a holistic approach to this study. 

This section of the anal irrigation systems market report provides detailed data on the segments at country and regional level, thereby assisting the strategist in identifying the target demographics for the respective product or services with the upcoming opportunities. 

  • Mini Devices
  • Cone Devices
  • Balloon Catheter Devices
  • Bed Systems
  • Ambulatory Surgery Centers
  • Home Care Settings

This section covers the regional outlook, which accentuates current and future demand for the Anal Irrigation Systems market across North America, Europe, Asia-Pacific, Latin America, and Middle East & Africa. Further, the report focuses on demand, estimation, and forecast for individual application segments across all the prominent regions.

Global Anal Irrigation Systems Market Share by Region (Representative Graph)

Global Anal Irrigation Systems Market Share

The research report also covers the comprehensive profiles of the key players in the market and an in-depth view of the competitive landscape worldwide. The major players in the Anal Irrigation Systems market include Coloplast A/S, B. Braun Melsungen AG, ConvaTec Group plc., Becton, Dickinson and Company (BD), Aquaflush Medical Limited, MBH-International A/S, Wellspect HealthCare (a Dentsply Sirona Company), Consure Medical, HTKD Medical, ProSys International Ltd. This section consists of a holistic view of the competitive landscape that includes various strategic developments such as key mergers & acquisitions, future capacities, partnerships, financial overviews, collaborations, new product developments, new product launches, and other developments.

Global Therapeutic Hypothermia Systems Market Report By Product Type (Cooling Devices, Cooling Catheters, Cooling Packs, Other Product Types), By Indication (Neurology, Cardiology, Neonatal Care, Other Indications), By End-use (Hospitals, Specialty Clinics, Ambulatory Surgical Centers) And By Regions - Industry Trends, Size, Share, Growth, Estimation and Forecast, 2023-2032

The global demand for Therapeutic Hypothermia Systems Market is presumed to reach the market size of nearly USD 450.61 Million by 2032 from USD 287.25 Million in 2023 with a CAGR of 5.13% under the study period 2024 - 2032.

Therapeutic hypothermia systems are medical devices designed to induce and maintain controlled hypothermia in patients for therapeutic purposes. This therapeutic approach involves lowering the body temperature of patients to a predefined target range for a specific duration, typically following cardiac arrest, traumatic brain injury, or stroke. Therapeutic hypothermia is believed to protect against brain damage by reducing metabolic rate, minimizing inflammation, and preserving neuronal function. Therapeutic hypothermia systems may use cooling blankets, pads, or intravascular catheters to regulate body temperature. They are also used in critical care settings to improve neurological outcomes and patient survival rates.

The increasing prevalence of cardiac arrest, traumatic brain injury, stroke, and other life-threatening conditions is driving the adoption of therapeutic hypothermia systems as a neuroprotective treatment strategy to minimize brain damage and improve patient outcomes. Therapeutic hypothermia involves cooling the body to a targeted temperature range, typically between 32°C and 36°C, for a specified duration to induce a protective state of reduced metabolic activity and inflammation in the brain. Additionally, advancements in medical device technologies, including the development of automated cooling systems, intravascular catheters, and closed-loop temperature management systems, promote innovation in therapeutic hypothermia systems, enhancing their efficiency, precision, and safety. Moreover, the expanding clinical evidence supporting the efficacy of therapeutic hypothermia in improving neurological recovery and reducing mortality rates is stimulating market acceptance and adoption among healthcare providers. Furthermore, the growing adoption of therapeutic hypothermia protocols in critical care areas like ICUs, emergency departments, and cardiac catheterization labs is propelling demand for portable and easy-to-use cooling devices that enable rapid initiation of hypothermic therapy.

Moreover, the escalating awareness about the benefits of early intervention and optimal temperature management in improving patient outcomes following cardiac arrest and other acute neurological injuries is driving market growth. Moreover, regulatory initiatives to standardize treatment protocols, improve post-resuscitation care, and enhance healthcare infrastructure for neurocritical care are creating market opportunities for therapeutic hypothermia systems. However, limited adoption due to high costs, regulatory hurdles, and competition from alternative cooling methods impede market growth.

The research report covers Porter’s Five Forces Model, Market Attractiveness Analysis, and Value Chain analysis. These tools help to get a clear picture of the industry’s structure and evaluate the competition attractiveness at a global level. Additionally, these tools also give an inclusive assessment of each segment in the global market of therapeutic hypothermia systems. The growth and trends of therapeutic hypothermia systems industry provide a holistic approach to this study. 

This section of the therapeutic hypothermia systems market report provides detailed data on the segments at country and regional level, thereby assisting the strategist in identifying the target demographics for the respective product or services with the upcoming opportunities. 

  • Cooling Devices
  • Cooling Catheters
  • Cooling Packs
  • Other Product Types

By Indication

  • Neonatal Care
  • Other Indications
  • Specialty Clinics
  • Ambulatory Surgical Centers

This section covers the regional outlook, which accentuates current and future demand for the Therapeutic Hypothermia Systems market across North America, Europe, Asia-Pacific, Latin America, and Middle East & Africa. Further, the report focuses on demand, estimation, and forecast for individual application segments across all the prominent regions.

Global Therapeutic Hypothermia Systems Market Share by Region (Representative Graph)

Global Therapeutic Hypothermia Systems Market Share

The research report also covers the comprehensive profiles of the key players in the market and an in-depth view of the competitive landscape worldwide. The major players in the Therapeutic Hypothermia Systems market include Asahi Kasei Corporation, Audax Management Company, LLC., Becton, Dickinson and Company, EM-MED Sp. z o.o. Sp. K., Gentherm Incorporated, International Biomedical Ltd., Phoenix Medical Systems Pvt. Ltd., Shenzhen Comen Medical Instruments Co., Ltd., Stryker Corporation, Terumo Corporation. This section consists of a holistic view of the competitive landscape that includes various strategic developments such as key mergers & acquisitions, future capacities, partnerships, financial overviews, collaborations, new product developments, new product launches, and other developments.

Global Surgery Tables Market Report By Type (Powered, Non-powered), By Application (General Surgery Tables, Orthopedic Tables, Imaging Tables, Others), By End-user (Hospitals, Ambulatory Surgery Centers, Others) And By Regions - Industry Trends, Size, Share, Growth, Estimation and Forecast, 2023-2032

The global demand for Surgery Tables Market is presumed to reach the market size of nearly USD 1191.42 Million by 2032 from USD 834.9 Million in 2023 with a CAGR of 4.03% under the study period 2024 - 2032.

Surgery tables are specialized medical furniture designed to provide a stable and adjustable platform for surgical procedures. These tables offer ergonomic features, versatility, and precise positioning capabilities to accommodate various surgical specialties. With advancements like electric adjustments and radiolucent materials, surgery tables contribute to efficient and safe surgical interventions.

The surgery tables market is witnessing substantial growth fueled by the increasing prevalence of complex medical procedures, necessitating advanced surgical equipment, and facilities. With their ergonomic designs and versatile functionalities, surgery tables cater to the evolving needs of surgical interventions across diverse medical specialties. Technological advancements, such as electric adjustments and radiolucent materials, enhance the efficiency and safety of surgical procedures, driving the market's growth. Additionally, the growing emphasis on patient outcomes and the need for optimal operating room infrastructure contribute to market growth. The global aging population and the subsequent rise in surgeries related to age-related conditions further boost the market. As healthcare facilities invest in upgrading their surgical infrastructure, the market is poised for continuous expansion. However, stringent regulations, high equipment costs, and limited accessibility to advanced technologies may hamper the widespread adoption of surgery tables.

The research report covers Porter’s Five Forces Model, Market Attractiveness Analysis, and Value Chain analysis. These tools help to get a clear picture of the industry’s structure and evaluate the competition attractiveness at a global level. Additionally, these tools also give an inclusive assessment of each segment in the global market of surgery tables. The growth and trends of surgery tables industry provide a holistic approach to this study. 

This section of the surgery tables market report provides detailed data on the segments at country and regional level, thereby assisting the strategist in identifying the target demographics for the respective product or services with the upcoming opportunities. 

  • Non-Powered
  • General Surgery Tables
  • Orthopedic Tables
  • Imaging Tables

This section covers the regional outlook, which accentuates current and future demand for the Surgery Tables market across North America, Europe, Asia-Pacific, Latin America, and Middle East & Africa. Further, the report focuses on demand, estimation, and forecast for individual application segments across all the prominent regions.

Global Surgery Tables Market Share by Region (Representative Graph)

Global Surgery Tables Market Share

The research report also covers the comprehensive profiles of the key players in the market and an in-depth view of the competitive landscape worldwide. The major players in the Surgery Tables market include STERIS plc, Hill-Rom Services, Inc., Getinge AB, Stryker, Mizuho OSI, Merivaara Corp., Surgical Tables Inc., AMTAI Medical Equipment, Inc., Barrfab. This section consists of a holistic view of the competitive landscape that includes various strategic developments such as key mergers & acquisitions, future capacities, partnerships, financial overviews, collaborations, new product developments, new product launches, and other developments.

Global Hematocrit Test Devices Market Report By Product (Blood Analyzers, Hematocrit Test Meters, Others), By End-user (Hospitals & Ambulatory Surgical Centers, Clinics, Diagnostic & Pathology Labs, Others) And By Regions - Industry Trends, Size, Share, Growth, Estimation and Forecast, 2023-2032

The global demand for Hematocrit Test Devices Market is presumed to reach the market size of nearly USD 7.88 Billion by 2032 from USD 5.52 Billion in 2023 with a CAGR of 4.03% under the study period 2024 - 2032.

Hematocrit Test Devices are medical instruments that measure the volume percentage of red blood cells (RBC) in whole blood. These point-of-care devices provide rapid and accurate hematocrit readings, aiding in diagnosing and monitoring various blood-related conditions. They are commonly employed in clinical settings, emergency care, and routine blood testing.

The hematocrit test devices market is undergoing substantial growth propelled by several key factors highlighting the importance of point-of-care diagnostics in healthcare. One primary driver is the increasing prevalence of blood-related disorders and chronic diseases, necessitating rapid and accurate hematocrit measurements for diagnostic and monitoring purposes. Hematocrit test devices offer quick and reliable results, making them indispensable in emergency care, ambulatory settings, and resource-limited environments. The rising emphasis on preventive healthcare and early disease detection further contributes to the market's expansion as hematocrit testing becomes an integral component of routine health assessments. Technological advancements in test device design and manufacturing processes, such as microfluidics and miniaturization, enhance the portability and efficiency of hematocrit tests, facilitating their integration into diverse healthcare settings.

Additionally, the increasing adoption of home-based healthcare solutions and the rise of telemedicine platforms drive market growth. As healthcare systems prioritize decentralized testing capabilities and patient-centric approaches, the hematocrit test device market continues to innovate, providing healthcare professionals and patients with valuable tools for timely and efficient measurements. However, regulatory hurdles, technological constraints, and competition may hamper market growth.

The research report covers Porter’s Five Forces Model, Market Attractiveness Analysis, and Value Chain analysis. These tools help to get a clear picture of the industry’s structure and evaluate the competition attractiveness at a global level. Additionally, these tools also give an inclusive assessment of each segment in the global market of hematocrit test devices. The growth and trends of hematocrit test devices industry provide a holistic approach to this study. 

This section of the hematocrit test devices market report provides detailed data on the segments at country and regional level, thereby assisting the strategist in identifying the target demographics for the respective product or services with the upcoming opportunities. 

  • Blood Analyzers
  • Hematocrit Test Meters
  • Hospitals & Ambulatory Surgical Centers
  • Diagnostic & Pathology Labs

This section covers the regional outlook, which accentuates current and future demand for the Hematocrit Test Devices market across North America, Europe, Asia-Pacific, Latin America, and Middle East & Africa. Further, the report focuses on demand, estimation, and forecast for individual application segments across all the prominent regions.

Global Hematocrit Test Devices Market Share by Region (Representative Graph)

Global Hematocrit Test Devices Market Share

The research report also covers the comprehensive profiles of the key players in the market and an in-depth view of the competitive landscape worldwide. The major players in the Hematocrit Test Devices market include Nihon Kohden Corporation, F. Hoffmann-La Roche Ltd., Danaher Corporation, Siemens Healthineers (Siemens AG), EKF Diagnostics Holdings plc, Sysmex Corporation, Nova Biomedical, Abbott, HORIBA, Ltd., Boule Diagnostics. This section consists of a holistic view of the competitive landscape that includes various strategic developments such as key mergers & acquisitions, future capacities, partnerships, financial overviews, collaborations, new product developments, new product launches, and other developments.

Global Urine Flow Meters Market Report By Type (Wired Connection, Wireless Connection), By Product (Portable, Stationary), By Application (BPH, Prostatitis, Enuresis, Spontaneous Urinary Incontinence, Stress Incontinence, Bladder Neuromuscular Dysfunction, Post-Traumatic Urethral Stricture, Other), By End-use (Hospitals, Clinics, Home Care Settings, Other) And By Regions - Industry Trends, Size, Share, Growth, Estimation and Forecast, 2023-2032

The global demand for Urine Flow Meters Market is presumed to reach the market size of nearly USD 48.92 Million by 2032 from USD 25.97 Million in 2023 with a CAGR of 7.29% under the study period 2024 - 2032.

Urine flow meters are medical devices that measure and assess the urine flow rate during urination. These instruments aid in diagnosing urinary tract conditions and evaluating the functionality of the bladder and urethra. These meters are valuable tools in urology and urogynecology, providing quantitative data for diagnosing and managing various urinary disorders.

The urine flow meters market is growing substantially, propelled by various factors that underscore the importance of accurate and efficient urinary flow measurement in healthcare settings. One primary driver is the increasing prevalence of urological disorders and the aging population, leading to a growing number of patients requiring urological assessments. Urine flow meters are crucial in diagnosing and monitoring conditions such as urinary incontinence, benign prostatic hyperplasia (BPH), and other urological disorders. The emphasis on preventive healthcare and early diagnosis and the shift toward non-invasive and patient-friendly diagnostic tools further fuels the adoption of urine flow meters, providing healthcare professionals with valuable insights into patients' urinary health. Technological advancements, such as integrating digital & wireless capabilities, enhance data accuracy and accessibility, supporting modern healthcare practices. The escalating awareness among healthcare providers and patients about the benefits of uroflowmetry for comprehensive urological assessments further boosts market growth. As healthcare systems strive to improve diagnostic accuracy, streamline workflows, and enhance patient outcomes, urine flow meters emerge as essential tools in the diagnostic armamentarium, driving the market's growth and innovation. However, limited awareness, technological barriers, and privacy concerns hinder market growth.

The research report covers Porter’s Five Forces Model, Market Attractiveness Analysis, and Value Chain analysis. These tools help to get a clear picture of the industry’s structure and evaluate the competition attractiveness at a global level. Additionally, these tools also give an inclusive assessment of each segment in the global market of urine flow meters. The growth and trends of urine flow meters industry provide a holistic approach to this study. 

This section of the urine flow meters market report provides detailed data on the segments at country and regional level, thereby assisting the strategist in identifying the target demographics for the respective product or services with the upcoming opportunities. 

  • Wired Connection
  • Wireless Connection
  • Prostatitis
  • Spontaneous Urinary Incontinence
  • Stress Incontinence
  • Bladder Neuromuscular Dysfunction
  • Post-Traumatic Urethral Stricture

This section covers the regional outlook, which accentuates current and future demand for the Urine Flow Meters market across North America, Europe, Asia-Pacific, Latin America, and Middle East & Africa. Further, the report focuses on demand, estimation, and forecast for individual application segments across all the prominent regions.

Global Urine Flow Meters Market Share by Region (Representative Graph)

Global Urine Flow Meters Market Share

The research report also covers the comprehensive profiles of the key players in the market and an in-depth view of the competitive landscape worldwide. The major players in the Urine Flow Meters market include Apex Meditech (India), CellSonic Medical, Cognitix, Dantec Medical, Digitimer, EV. Services Italia SRL, Foresight Technology, Laborie (US), Medispec, MCube Technology, Medtronic plc, MKS Instruments, Novamedtek. This section consists of a holistic view of the competitive landscape that includes various strategic developments such as key mergers & acquisitions, future capacities, partnerships, financial overviews, collaborations, new product developments, new product launches, and other developments.

Global Intracranial Pressure (ICP) Monitoring Devices Market Report By Offering (Products & Systems, Solutions & Platforms), By Technology (Invasive (External Ventricular Drainage (EVD), Microtransducer ICP Monitoring), Non-Invasive (Transcranial Doppler Ultrasonography, Tympanic Membrane Displacement (TMD), Optic Nerve Sheath Diameter, MRI/CT, Electroencephalography, Fundoscopy (Papilledema))), By Application (Traumatic Brain Injury, Intracerebral Hemorrhage, Meningitis, Subarachnoid Hemorrhage, CSF Management, Migraine, Stroke, Hydrocephalus, Other Applications), By End-Use, Hospitals, Clinics, Diagnostic Laboratories, Other End-Users) And By Regions - Industry Trends, Size, Share, Growth, Estimation And Forecast, 2023-2032

The global demand for Intracranial Pressure (ICP) Monitoring Devices Market is presumed to reach the market size of nearly USD 3.45 Billion by 2032 from USD 1.89 Billion in 2023 with a CAGR of 6.91% under the study period 2024 - 2032.

Intracranial pressure monitoring devices are medical instruments used to measure the pressure inside the skull. These devices are crucial in managing conditions such as traumatic brain injury, tumors, or cerebral edema. They help healthcare professionals monitor and optimize intracranial pressure to prevent potential complications and ensure proper brain function.

The intracranial pressure (ICP) monitoring devices market is growing rapidly, driven by increasing incidences of traumatic brain injuries and neurological disorders and a rising awareness of the importance of monitoring intracranial pressure in critical care settings. These devices are crucial in assessing and managing patients with severe head injuries or neurological conditions, providing real-time data to guide medical interventions. The integration of advanced features, such as minimally invasive monitoring and continuous data recording, enhances the effectiveness of intracranial pressure (ICP) monitoring devices. Additionally, a growing geriatric population susceptible to neurological disorders contributes to the expanding market, as does the increasing adoption of these devices in neuro-intensive care units. However, certain factors, such as concerns regarding the invasiveness of intracranial pressure monitoring devices and potential complications associated with their use, may pose restraints on the intracranial pressure (ICP) monitoring devices market.

The research report covers Porter’s Five Forces Model, Market Attractiveness Analysis, and Value Chain analysis. These tools help to get a clear picture of the industry’s structure and evaluate the competition attractiveness at a global level. Additionally, these tools also give an inclusive assessment of each segment in the global market of intracranial pressure (icp) monitoring devices. The growth and trends of intracranial pressure (icp) monitoring devices industry provide a holistic approach to this study. 

This section of the intracranial pressure (icp) monitoring devices market report provides detailed data on the segments at country and regional level, thereby assisting the strategist in identifying the target demographics for the respective product or services with the upcoming opportunities. 

By Offering

  • Products & Systems
  • Solutions & Platforms

By Technology

  • Invasive (External Ventricular Drainage (EVD), Microtransducer ICP Monitoring)
  • Non-Invasive (Transcranial Doppler Ultrasonography, Tympanic Membrane Displacement (TMD), Optic Nerve Sheath Diameter, MRI/CT, Electroencephalography, Fundoscopy (Papilledema))
  • Traumatic Brain Injury
  • Intracerebral Hemorrhage
  • Subarachnoid Hemorrhage
  • Csf Management
  • Hydrocephalus
  • Other Applications
  • Diagnostic Laboratories
  • Other End-Users

This section covers the regional outlook, which accentuates current and future demand for the Intracranial Pressure (ICP) Monitoring Devices market across North America, Europe, Asia-Pacific, Latin America, and Middle East & Africa. Further, the report focuses on demand, estimation, and forecast for individual application segments across all the prominent regions.

Global Intracranial Pressure (ICP) Monitoring Devices Market Share by Region (Representative Graph)

Global Intracranial Pressure (ICP) Monitoring Devices Market Share

The research report also covers the comprehensive profiles of the key players in the market and an in-depth view of the competitive landscape worldwide. The major players in the Intracranial Pressure (ICP) Monitoring Devices market include Brain4Care Inc., CranioSense LLC., HeadSense Medical Ltd, Integra LifeScience Holdings Corporation, Johnson & Johnson, Luciole Medical AG, Medtronic plc, Natus Medical Incorporated, Raumedic AG, Sophysa, Vittamed Corporation. This section consists of a holistic view of the competitive landscape that includes various strategic developments such as key mergers & acquisitions, future capacities, partnerships, financial overviews, collaborations, new product developments, new product launches, and other developments.

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Medical devices.

Medical Devices Market Research Reports

Table of Contents

  • Medical Devices Market Research Reports, Analysis & Trends
  • Medical Devices Industry Current Trends
  • Major Players in Medical Devices Industry 

1 . Medical Devices Market Research Reports, Analysis & Trends

Medical devices are the devices, equipments, instruments used in medical industries by professional surgeons, medical assistants and doctors for healthcare of patients. Companies in this industry manufacture medical devices, surgical equipments and appliances. The biggest contributor in terms of improvement in medical care, enhanced life expectancy and access to health care is the advanced technology which has improved traditional health care systems and innovated with the increased demand. Medical device industry has produced more than thousands of different devices ranging from smaller scale usage to complex and impossibly difficult procedures; in contribution to intensive monitoring, life-saving therapy, relief of pain and  amelioration of disability.

Modern medical devices are compact and versatile; their broad capability is used in diagnosis or treatments and their durability is superior, they are reliable in performance and convenient in application, for example- a pacemaker weighs 1.5 ounces and it is implantable and programmable as compared to 50 years ago when pacemakers weighed 12 pounds and had to be strapped onto the back of patients. Currently more than 1.5 million different medical devices used worldwide and the demand and requirement keeps increasing every year, according to WHO. The medical devices industry has been a major player in healthcare industry and it continues to grow in employment, revenue and overall betterment of public healthcare.

The multi billion dollars medical devices industry covers a wide spectrum of devices and products that are used for treatments of patients; devices such as cardiovascular devices, dental and medical equipment, diagnostic devices and supplies, ophthalmic and orthopaedic devices, respirators and surgical equipments, along with electro-medical and electrotherapeutic apparatuses, such as magnetic resonance, ultrasound, hearing aids, pacemakers and electrocardiographs are all the most and majorly used devices and equipments. For scientific evaluation and studies, medical therapeutic and diagnostic devices for industrial and research purposes are also manufactured and the global medical devices industry which was valued at $164 billion 2010 is growing rapidly with projected estimation to hit $228 billion by 2015 which is growing at 7% yearly.  

2 . Medical Devices Industry Current Trends

Medical device manufacturers are located worldwide, especially in developed countries but are mainly concentrated in certain demographics known for high-tech industries, such as microelectronics and biotechnology. The medical devices industry is concentrated in the West, specifically North America; this demographic accounts for about 24.2% of industry establishments and more than 25% of total revenue. The global urban populations have grown rapidly, the challenge for developed and developing countries is to extend a level of wealth to the rest of the population in order for healthcare to become affordable as all markets, including health, are per capita driven.

Large companies with wide products range and strong infrastructure are poised for greater returns as their R&D investments, expansions into newer markets and cost-saving strategies are all crucial factors to  withstand the capability and sustain macro-level issues and regulatory pressures. Majority of the manufacturers that invest heavily on R&D, taxes and other expenditures incurred recoup through international sales. Medical device manufacturers always face longer regulatory and approval processes through FDA and other similar administration boards of other countries, but the silver lining in the darker and unpredictable process is the implementation of unique device identifier (UDI) system and according to industry analyses, it is expected to spark several benefits. The challenging environment where there are large numbers of devices and competitors present, the three players, Medtronic, Boston Scientific and St. Jude, with the $6.5 billion implantable cadioverter defibrillator (ICD) market are positioned to gain a huge market share.

3 . Major Players in Medical Devices Industry 

Major players in the global medical devices industry include, Johnson & Johnson, Abbott Labs, Medtronic, Baxter, Boston Scientific, GE Healthcare Technologies, Becton Dickinson, St. Jude, Stryker Corporation, Novartis (Alcon), Olympus Medical, CareFusion, Bayer, Fresenius and Philips Healthcare.

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  • Latest Market Research Reports on Medical Devices Industry

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Industry Growth Forecast

Medical Devices Industry Overall Growth Forecast

We offer syndicated/off-the-shelf and custom market research reports covering Medical Devices industry. These reports are designed to provide a wholistic view of the global Medical Devices industry.

The major growth forecast covered are:

  • Medical Devices Industry CAGR % Growth Forecast for 2022-2028
  • Medical Devices Industry Value Growth Forecast for 2022-2028
  • Medical Devices Industry Key Companies Growth Forecast for 2022-2028

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Medical Devices Industry Regional Data Coverage

The reports offered by us provide deep regional data for Medical Devices industry. This information is designed to help decision makers identify the key growth markets of Medical Devices industry and prepare their business strategy accordingly.

The major regional data covered are:

  • Medical Devices Industry Region-Wise Growth Trends
  • Medical Devices Industry Key Country Growth Opportunities
  • Medical Devices Industry Focus on Most Important Markets

Industry Regional Data Coverage

Medical Devices Industry Trends Analysis

The reports covering Medical Devices industry offer trends analysis of various types. These include overall key growth opportunities in global Medical Devices industry.

The major trends and analysis covered are:

  • Medical Devices Industry Key Player Profiles
  • Medical Devices Industry SWOT Analysis
  • Medical Devices Industry Growth Drivers and Challenges

2 . Latest Market Research Reports on Medical Devices Industry

Below mentioned is the list of reports available for on Medical Devices industry. If you are not able to locate the correct report, please use the search option available on top of this page to search for the right report. You can also chat with us using the online chat system facility available at the bottom right corner of this page. You can also send your requirements using the contact form .

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Reports by Industry

[ + ] automotive (4).

  • Automotive Parts
  • Public Transport

[ + ] Chemicals And Materials (7)

  • Adhesives and Sealants
  • Advanced Materials
  • Metals and Minerals
  • Nanomaterials

[ + ] Consumer Goods (5)

  • Consumer Electronics
  • Personal Care Products
  • Sporting Goods and Equipment

[ + ] Defense (5)

  • Homeland Defense
  • Infantry Weapons and Equipment
  • Military Aerospace and Defense
  • Military Unmanned Systems

[ + ] Electronics and Semiconductors (7)

  • ICS, LED and PCB
  • Medical Electronics
  • Semiconductor
  • Test and Measurement

[ + ] Energy and Natural Resources (2)

  • Environmental

[ + ] Factory Automation (6)

  • Energy Management
  • Instrumentation

[ + ] Food and Beverages (5)

  • Agriculture
  • Food Ingredients
  • Food Service

[ - ] Healthcare (8)

  • Biotechnology
  • Diagnostics
  • Healthcare IT
  • Healthcare Services
  • Laboratory Equipment
  • Medical Devices
  • Medical Imaging
  • Therapeutic Area

[ + ] Heavy Engineering Equipment (1)

[ + ] it and telecom (8).

  • Digital Transformation
  • Hardware, Software and IT Services
  • High Performance Computing (HPC)
  • Internet of Things (IoT)
  • Manufacturing IT
  • Telecoms and Internet
  • Wireless & Networking

[ + ] Packaging (3)

  • Packaging Products
  • Paper and Board
  • Printing and Label

[ + ] Pharmaceutical (6)

  • Clinical Trials
  • Drug Delivery
  • Drug Discovery
  • Drugs by Therapeutic Area
  • Oncology Drugs
  • Vitamins and Dietary Supplements

Research Reports in Medical Devices

Total Reports: 678

Blood Pressure Monitoring Devices Market

Rise in global prevalence of hypertension, surge in geriatric population, and lifestyle factors contributing to excessive weight gain and stress are driving the blood pressure monitoring devices market demand.

Rep Id : TMRGL82879 | Published | Healthcare | April 2024

Pacemaker Devices Market

High prevalence of cardiovascular diseases is one of the key factors driving the pacemaker devices market value. Increase in adoption of minimally invasive surgeries among healthcare personnel and the patient population alike is also fueling market progress. Cardiac rhythm management implants and artificial cardiac pacing units help maintain heart rate,

Rep Id : TMRGL6586 | Published | Healthcare | April 2024

Veterinary Hematology Analyzers Market

Increase in prevalence of zoonotic diseases is fueling the veterinary hematology analyzers market progress. Veterinary blood analyzers detect abnormalities in animals in real time. They provide critical information about various blood parameters to promptly diagnose zoonotic illnesses.

Rep Id : TMRGL4026 | Published | Healthcare | April 2024

Medical Oxygen Concentrators Market

The global medical oxygen concentrators market size is driven by a rise in the prevalence of hypoxemia and other respiratory diseases. Increase in cases of respiratory diseases can be ascribed to air pollution, smoking, and the emergence of COVID-19.

Rep Id : TMRGL3998 | Published | Healthcare | April 2024

Temperature Monitoring Devices Market

Rise in incidence of infectious diseases is a key factor boosting the temperature monitoring devices market growth. Temperature monitoring devices or temperature sensors measure as well as record temperature of patients, specific process, or environment in the healthcare sector.

Rep Id : TMRGL2159 | Published | Healthcare | April 2024

Bariatric Surgery Devices Market

Rise in incidence of obesity is a key factor contributing to bariatric surgery devices market growth. Bariatric surgery devices, also known as weight loss surgery devices, are used in the treatment of various conditions pertaining to obesity.

Rep Id : TMRGL1369 | Published | Healthcare | April 2024

Brachytherapy Devices Market

Rise in prevalence of cancer cases worldwide is a dominant contributor to the brachytherapy devices market growth. Increase in rate of diagnosis or screenings, genetic predisposition, adoption of unhealthy lifestyle, and surge in geriatric population are factors leading to the rise in number of cancer patients.

Rep Id : TMRGL473 | Published | Healthcare | March 2024

Preterm Birth and PROM Testing Market

Increase in prevalence of preterm births, owing to factors such as changes in lifestyle, maternal age, and socio-economic factors, is a key contributor to the preterm birth and PROM testing market size. Preterm birth and PROM testing allows healthcare providers to assess the risk of preterm birth and recommend management

Rep Id : TMRGL55416 | Published | Healthcare | March 2024

Structural Heart Devices Market

Rise in prevalence of structural heart diseases is fueling the structural heart devices market size. The impact of new structural heart interventions and product launches in the field of valve replacement is expected to remain high on the market, globally.

Rep Id : TMRGL54915 | Published | Healthcare | March 2024

Tympanostomy Products Market

Growth in incidence of ear diseases is driving the tympanostomy products market size. Tympanostomy is one of the most common surgeries in children and offers significant benefits including reduced need for oral antibiotics during ear infections.

Rep Id : TMRGL54768 | Published | Healthcare | March 2024

DNA Test Kits Market

Increase in incidence of chronic diseases worldwide is a key factor driving the DNA test kits market growth. DNA test kits help diagnose a spectrum of genetic disorders. Symptoms that genetic testing kits have the capacity to diagnose include risk for some types of cancers, stroke, and heart disease.

Rep Id : TMRGL53934 | Published | Healthcare | March 2024

Cast Saw Devices Market

Cast refers to a hard protective covering employed to stabilize and support broken bones during the rehabilitation process.

Rep Id : TMRGL53604 | Published | Healthcare | March 2024

Unna Boot Market

Unna boot is a gauze trap that is soaked in the zinc oxide paste. Zinc oxide impregnated Unna boot benefits include easing of skin irritation and retaining of moisture.

Rep Id : TMRGL53163 | Published | Healthcare | March 2024

Hemostatic Agents Market

Hemostasis is a process that stops bleeding or blood flow through a blood vessel, or hemorrhage. Hemostasis is a process by which a clot is formed in the injured area, thereby repairing the blood vessels.

Rep Id : TMRGL52779 | Published | Healthcare | March 2024

Electric Tables Market for Physical Therapy, Examination, and Operating

Electric tables are cutting-edge healthcare instruments that give patients a solid, customizable platform during surgery. These tables are powered by electricity and have several advantages over manual ones such as controlled height adjustment, Trendelenburg and reverse Trendelenburg positions, lateral tilt, and accurate patient placement by foot pedals or remote control.

Rep Id : TMRGL52482 | Published | Healthcare | March 2024

Indirect Calorimeter Market

Indirect calorimeter is a device used to measure an individual's metabolic rate by analyzing their oxygen consumption and carbon dioxide production. The body's energy expenditure can be determined by measuring the amount of oxygen consumed and carbon dioxide produced, along with other factors, such as respiratory quotient.

Rep Id : TMRGL52476 | Published | Healthcare | March 2024

Indwelling Catheters Market

Indwelling urinary catheter, also called implanted Foley catheter, collects urine in a drainage bag attached to the body. The bag is equipped with a valve that can be opened to allow the urine to pass.

Rep Id : TMRGL52344 | Published | Healthcare | March 2024

Blood Gas and Electrolyte Analyzers Market

Blood gas and electrolyte analyzers are medical devices used to measure various parameters in blood, including pH, oxygen, and carbon dioxide levels, and electrolytes, such as sodium, potassium, chloride, and other metabolites.

Rep Id : TMRGL52029 | Published | Healthcare | March 2024

Echocardiography Market

Echocardiography, also called cardiovascular sonography, entails the usage of ultrasound to detect anomalies in the structure and functioning of the heart. The live image of the heart obtained from echocardiography is called echocardiogram.

Rep Id : TMRGL51537 | Published | Healthcare | March 2024

Anal Irrigation Systems Market

Anal irrigation system, also called rectal irrigation system, helps manage bowels by preventing chronic constipation and fecal incontinence. It can be used by people suffering from spinal cord injury, spina bifida, multiple sclerosis, Parkinson’s disease, brain tumor, and Alzheimer’s disease.

Rep Id : TMRGL51369 | Published | Healthcare | March 2024

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2021 Medical Devices Research Review

  • Report Overview

Table of Contents

Report highlights.

  • The global contract manufacturing of medical devices market should reach $108.6 billion by 2025 from $68.0 billion in 2020 at a compound annual growth rate (CAGR) of 9.8% for the forecast period of 2020 to 2025.
  • The global oncology diagnostics market should reach $128.3 billion by 2025 from $86.7 billion in 2020 at a compound annual growth rate (CAGR) of 8.1% for the forecast period of 2020 to 2025.
  • The global dermatology devices market should reach $15.1 billion by 2025 from $11.1 billion in 2020 at a compound annual growth rate (CAGR) of 5.3% for the forecast period of 2020 to 2025.

The healthcare industry has grown despite the challenging economic conditions in recent years. The industry draws a great deal of attention and scrutiny from the public and government and is currently undergoing many changes due to increased focus on regulations. These changes can be seen across many countries. The U.S., the largest market for healthcare, is leading the trend with changes intended to make healthcare more affordable to the masses. Opportunities for the healthcare industry are manifold with the appearance of new markets, which are located mainly in emerging economies with varying needs.

Increasing healthcare expenditures and the growth of emerging economies have increased the demand for technologically superior medical devices. Additionally, the introduction of more stringent regulations, specifically in the developed markets of the U.S. and Europe, has forced medical device manufacturers to launch advanced devices that include new materials, a focus on in-depth indications and the ability to produce additional new data.

Furthermore, technically sophisticated medical devices are needed for clinical research, as the market is highly competitive and companies must continuously reinvent their product portfolios to enter new markets and place themselves as significant players in the healthcare system. Presently, there is a shift toward a value-based healthcare market where price and purchase decisions are based on outcomes. This has further resulted in increased scrutiny of technology of devices and, consequently, the degree of competition has risen.

The medical device industry is a multi-billion-dollar industry whose outlook is supposed to rise in the coming years. These devices treat and diagnose a multitude of patient conditions and work much better than drugs. Hospital care is growing, and the medical device industry is being looked at to provide low-cost technology for home healthcare. Now, the industry seeks healthcare medical devices that can be used by individuals with unskilled healthcare experience. The need for modern technology, equipment and devices can be leveraged through medical device equipment as medical equipment manufacturers seek to create better-quality healthcare solutions.

The market today is worthy of close investigation as it deals with fallout from COVID-19. The global pandemic has impacted the medical device industry both positively and negatively.

The above reasons are compelling enough to analyze and research the medical device market, as the market has tremendous growth potential.

This report provides a sampling of the types of quantitative market information, analysis and guidance that has been aiding business decision making since the inception of BCC Research in 1971. It includes highlights from these reports published in 2021:

  • MDS038A Negative Pressure Wound Therapy (NPWT) Devices: Global Markets .
  • MDS039A Contract Manufacturing of Medical Devices: Global Markets .
  • MDS043A Bioprocess Filtration: Global Markets .
  • MDS044A COVID-19 Diagnostics and Kits: Global Markets .
  • MDS046A Oncology Diagnostics: Global Markets .
  • MDS047A Vaccine Delivery Devices: Global Markets .
  • MDS052A Healthcare Virtual Assistants Market .
  • MDS041A Behavioral Health Software: Global Markets .
  • MDS042A Dermatology Devices: Global Markets .
  • MDS036A Global Orthodontic and Orthopedic Market .

We hope you find this Research Review valuable, and we look forward to serving our customers’ medical device market research needs.

Analysts' Credentials

BCC Publishing Staff comprises expert analysts who are skilled in conducting primary research, secondary research and data analysis and have decades of combined experience covering a wide range of industries, including healthcare, advanced materials and emerging technologies. Collectively, the team represents a diverse set of educational achievements with individual graduate work completed in fields such as microbiology, electrical engineering, business administration and surgery, among others.

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The global market for orthodontic devices is expected to grow from $18.9 billion in 2023 and projected to reach $29.3 billion by the end of 2028, at a compound annual growth rate (CAGR) of 9.2% during the forecast period of 2023 to 2028.Report Includes

Partha Sarathi Das | Apr 2024

The global market for NDT equipment and services is estimated to increase from $31.3 billion in 2023 to reach $50.7 billion by 2028, at a compound annual growth rate (CAGR) of 10.1% from 2023 through 2028.

BCC Publishing | Dec 2023

The global market for medical device technologies is valued at $639.1 billion in 2021 and is estimated to grow from $676.0 billion in 2022 to $953.4 billion in 2027 with a compound annual growth rate (CAGR)of 7.1% for the period of 2022-2027.

BCC Publishing | Sep 2022

The global ultrasonic equipment market should reach $158.2 billion by 2027 from $90.4 billion in 2022 at a compound annual growth rate (CAGR) of 11.8% for the forecast period of 2022 to 2027.

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Medical Devices

Vascular imaging market research report - global size, share, growth drivers, regional outlook, development and forecasts, 2024–2030.

The vascular imaging systems market is expected to advance from USD 6.4 Billion (E) in 2023 to USD 8.6 Billion in 2030, at 4.5% CAGR between 2024 and 2030. ...

Hearing Aids Market Size and Share Report by Product (Hearing Aid Devices, Hearing Implants), Patient type (Adults, Pediatrics), Hearing Loss (Sensorineural, Conductive), Technology (Conventional, Digital) - Global Industry Growth Forecast to 2030

The global hearing aids market generated revenue of USD 8,210.5 million in 2023, which is expected to witness a CAGR of 6.4% during the forecast period (2024–2030). ...

PCR Technologies Market Size and Share Analysis by Product (Reagents and Consumables, Instruments, Software and Services), Technique (Conventional PCR, Real-Time PCR, Digital PCR, Reverse Transcription PCR, Multiplex PCR), Application (Gene Expression Analysis, Genetic Sequencing, Genotyping, Nucleic Acid Detection, Diagnostics), End User (Hospitals and Diagnostic Centers, Academic Institutions and Government Organizations, Pharmaceutical Biotech Companies, Applied Industries) - Global Industry Demand Forecast to 2030

The global PCR technologies market size was USD 13,709.3 million in 2023, and it is expected to reach USD 23,672.5 million in 2030, with a growth rate of 8.4% during 2024–2030. ...

Internet of Things (IoT) Medical Devices Market Size and Share Analysis by Product (Vital Signs Monitoring Devices, Imaging Systems, Respiratory Devices, Implantable Cardiac Devices, Patients Monitors, Infusion Pumps, Fetal Monitoring Devices, Neurological Devices, Ventilators), Type (Stationary, Implantable, Wearable), Connectivity Technology (Bluetooth, Wi-Fi, Zigbee), End User (Hospitals & Clinics, Nursing Homes & Homecare Settings) - Global Industry Demand Forecast to 2030

The global IoT medical devices market valued USD 46.4 billion in 2023, and it is projected to register a CAGR of 31% during 2024–2030, reaching USD 297.0 billion by 2030. ...

Medical Glove Market Size and Share Analysis by Raw Material (Latex, Nitrile, Vinyl, Neoprene), Application (Examination, Surgical), Sterility (Non-Sterile, Sterile), Type (Non-Powdered, Powdered), Distribution Channel (Indirect, Direct), End User (Hospitals, Clinics, and Diagnostic Centers, Ambulatory Surgery Centers) - Global Industry Revenue Estimation and Demand Forecast to 2030

The medical glove market generated revenue of USD 7,799.5 million in 2023, which is expected to grow at a CAGR of 7.4% during the forecast period (2024–2030), to reach USD 12,601.2 million by 2030. ...

Nebulizer Market Size and Share Analysis by Type (Jet, Mesh, Ultrasonic), Application (COPD, Cystic Fibrosis, Asthma), End User (Hospitals, Clinics, Emergency Centers, Home Healthcare Centers), Portability (Tabletop, Portable) - Global Industry Demand Forecast to 2030

The nebulizer market size stood at USD 1,050.2 million in 2023, and it is expected to reach USD 1,696.7 million by 2030, with a compound annual growth rate of 7.4% during 2024–2030. ...

Self-Monitoring Blood Glucose Devices Market Size and Share Analysis by Type (Strips, Glucose Meters, Lancets), Application (Type-1 Diabetes, Type-2 Diabetes), End User (Hospitals & Clinics, Homecare Settings, Diagnostic Centers) - Global Industry Demand Forecast to 2030

  The global self-monitoring blood glucose devices market generated USD 25.3 billion revenue in 2023, and it is projected to witness a CAGR of 9.7% during 2024–2030, to reach USD 48.2 billion by 2030. ...

Ablation Technology Market Size and Share Analysis by Product (Radiofrequency Devices, Laser/Light Devices, Ultrasound Devices, Electrical Devices, Cryoablation Devices, Microwaves), Application (Cardiovascular, Cancer, Gynecological, Pain), End User (Hospitals, Ambulatory Surgical Centers, Medical Spas & Aesthetic Clinics) - Global Industry Demand Forecast to 2030

The global ablation technology market generated USD 5,313.2 million revenue in 2023, and it is projected to witness a CAGR of 9.0% during 2024–2030, to reach USD 9,672.9 million by 2030. ...

Intubation Tubes Market Size and Share Analysis by Product (Regular, Reinforced, Preformed, Double Lumen), Route (Orotracheal, Nasotracheal), Route (Emergency Treatment, Therapy), End User (Hospitals, Clinics, Ambulatory Surgical Centers) - Global Industry Demand Forecast to 2030

The global intubation tubes market is valued at an estimated USD 2,727.6 million in 2023, which is expected to reach USD 4,294.4 million by 2030, growing at a CAGR of 6.9% during 2024–2030. ...

Gastrointestinal Stent Market Size and Share Analysis by Product (Biliary, Duodenal, Colonic, Pancreatic, Esophageal), Application (Biliary Diseases, Colorectal Cancer, Stomach Cancer, Esophageal Cancer, Pancreatic Cancer, Duodenum Cancer), Material (SEMSs, SEPSs, Semirigid), Type (Bare-Metal Stents, Drug-Eluting Stents), End User (Hospitals and Clinics, Ambulatory Surgical Centers) - Global Industry Demand Forecast to 2030

The global gastrointestinal stent market generated revenue of USD 525.5 million in 2023, which is expected to witness a CAGR of 6.0% during 2024–2030, to reach USD 781.9 million by 2030. ...

Cryostat Market Size and Share Analysis by Type (Closed-Cycle, Continuous-Flow, Bath, Multi-Stage), Component (Dewars, Transfer Tubes, Gas Flow Pumps, Temperature Controllers, High-Vacuum Pumps, Microtome Blades), Cryogen (Helium, Nitrogen), Application (Healthcare, Energy & Power, Aerospace, Metallurgy, Biotechnology, Forensic Sciences, Marine Biology) - Global Industry Demand Forecast to 2030

The global cryostat market will generate estimated revenue of USD 2,205.4 million by the end of 2023, which is expected to witness a CAGR of 5.0% during 2024–2030, reaching USD 3,047.8 million by 2030. ...

Dental Compressors Market Size and Share Analysis by Type (Oil-Free, Lubricated), Technology (Desiccant-Based, Membrane-Based), Application (Scalers, Chair Valves, Handpieces), End User (Dental Clinics, Ambulatory Surgical Centers, Dental Hospitals) - Global Industry Demand Forecast to 2030

The global dental compressors market revenue has been estimated at USD 369.1 million for 2023, which is expected to observe a compound annual growth rate of 5.1% during 2024–2030, to reach USD 512.8 million by 2030. ...

Medical X-Ray Film Processor Market Size and Share Analysis by Type (Semi-Automatic Film Processor, Fully Automatic Film Processor), Application (Dental, Mammography, Orthopedic), End User (Hospitals & Clinics, Diagnostic Centers, Research and Educational Institutions) - Global Industry Demand Forecast to 2030

The global medical X-ray film processor market is projected to generate USD 1,238.5 million revenue by 2030, advancing at a CAGR of 3.2% during 2024–2030, growing substantially from USD 998.7 million in 2023. ...

Accelerometer Medical Sensors Market Size and Share Analysis by Product (Wearables, Non-Wearables), Application (Chronic illness & Risk Monitoring, Wellness Monitoring, In Hospital Monitoring, Therapeutics, Post-Acute Care Monitoring), End User (Hospitals & Clinics, Ambulatory Care Centers) - Global Industry Demand Forecast to 2030

The accelerometer medical sensors market size stood at USD 4,111.5 million in 2023, and it is expected to advance at a compound annual growth rate of 14.4% during 2024–2030, to reach USD 10,442.9 million by 2030. ...

Medical Equipment Maintenance Market Size and Share Analysis by Type (Imaging, Electromedical, Life Support, Surgical, Dental), Service Type (Preventive and Predictive, Corrective, Operational), Service Provider (OEMs, ISOs, In-House), End User (Public-sector Organizations, Private-sector Organizations) - Global Industry Demand Forecast to 2030

The global medical equipment maintenance market was valued at USD 48.9 billion in 2023, which is expected to grow at a CAGR of 10.7% during 2024–2030. ...

Pharmaceutical Sterility Testing Market Size and Share Report by Product Type (Kits & Reagents, Services, Instruments), Test Type (Sterility Testing, Bioburden Testing, Bacterial Endotoxin Testing, Container closure Integrity Testing, Antimicrobial Effectiveness Testing, Rapid Micro Testing), Application (Medical Devices, Pharmaceuticals and Biologics), End User (Biotechnology Companies, Pharmaceutical Companies), Type (In-house, Outsourcing) - Global Industry Demand Forecast to 2030

The global pharmaceutical sterility testing market was valued at USD 1,769.0 million in 2023, which is expected to reach USD 3,763.0 million by 2030, growing at a CAGR of 11.5% during 2024–2030. ...

Vascular Access Devices Market Size and Share Analysis by Device (Central, Peripheral, Accessories), Application (Drug Administration, Fluid & Nutrient Administration, Blood Transfusion, Diagnostics & Testing), End User (Hospitals, Clinics & Ambulatory Care Centers) - Global Industry Demand Forecast to 2030

The vascular access devices market size stood at USD 6,100.6 million in 2023, and it is expected to grow at a CAGR of 7.2% during 2024–2030, to reach USD 9,843.5 million by 2030. ...

Single Use Assemblies Market Size and Share Report by Product (Bag Assemblies, Filtration Assemblies, Bottle Assemblies, Mixing System Assemblies), Solution (Standard Solutions, Customized Solutions), Application (Filtration, Cell Culture & Mixing, Sampling, Fill–Finish), End User (Pharmaceutical and Biopharmaceutical Companies, CROs & CMOs, Academic & Research Institutes) - Global Industry Growth Forecast to 2030

The single-use assemblies market size stood at USD 2,495.4 million in 2023, and it is expected to grow at a CAGR of 15.7% during 2024–2030, to reach USD 6,901.5 million by 2030. ...

Vein Illuminator Market Size and Share Analysis by Type (Tabletop Devices, Handheld Devices), Technology (Transillumination, Infrared, Ultrasound), Application (Venipuncture Assistance, IV Access, Sclerotherapy), End User (Hospitals, Blood Camps, Rehabilitation, Academic Institutes) - Global Industry Demand Forecast to 2030

The vein illuminator market size stood at USD 70.8 million in 2023, and it is expected to grow at a CAGR of 29.4% during 2024–2030, to reach USD 414.2 million by 2030. ...

Bone Densitometer Market Share Analysis by Technology (Axial Bone Densitometry, Peripheral Bone Densitometry), Application (Osteoporosis & Osteopenia Diagnosis, Cystic Fibrosis Diagnosis, Chronic Kidney Disease Diagnosis, Body Composition Measurement, Rheumatoid Arthritis Diagnosis), End User (Hospitals & Specialty Clinics, Diagnostic & Imaging Centers) - Global Industry Revenue Estimation and Demand Forecast to 2030

The bone densitometer market size stood at USD 316.6 million in 2023, and it is projected to grow at a CAGR of 4.7% during 2024–2030, to reach USD 441.3 million by 2030. ...

Surgical Power Tools Market Size and Share Analysis by Product (Hand Pieces, Power Consoles and Controls), Power Source (Pneumatic, Battery, Electric), Application (Orthopedic Surgery, Neurosurgery, ENT Surgery, Ophthalmic Surgery, Cardiac Surgery), End User (Hospitals, Ambulatory Surgical Centers) - Global Industry Demand Forecast to 2030

The surgical power tools market size stood at USD 383.9 million in 2023, and it is expected to advance at a compound annual growth rate of 6.3% during 2024–2030, to reach USD 583.6 million by 2030. ...

Dermatology Devices Market Size and Share Report by Product Type (Diagnostic Devices, Treatment Devices), Application (Skin Cancer Diagnosis, Vascular Lesion Removal, Scar Removal, Hair Removal, Skin Rejuvenation, Acne Treatment, Tattoo Removal, Pore Reduction, Skin Resurfacing and Wrinkle Removal, Body Contouring and Fat Removal, Wart, Skin Tag, and Weight Management), End User (Hospitals, Specialty Dermatology Clinics, Private Clinics) - Global Industry Demand Forecast to 2030

The dermatology devices market size stood at USD 7,117.4 million in 2023, and it is expected to grow at a CAGR of 12.9% during 2024–2030, to reach USD 16,552.7 million by 2030. ...

Dental Contouring Market Size and Share Report by Instrument Type (Sanding Discs, Dental Drills, Diamond Burs), Contouring Site (Central Incisors, Lateral Incisors, Canines), Application (Irregular Edges, Chips & Cracks, Minor Crowding, Teeth Overlapping), End User (Hospitals, Dental Clinics) - Global Industry Demand Forecast to 2030

The dental contouring market size stood at USD 2,848.3 million in 2023, and it is expected to advance at a compound annual growth rate of 6.1% during 2024–2030, to reach USD 4,283.7 million by 2030. ...

Medical Crutches Market Size and Share Report by Product (Underarm, Forearm, Tetrapod, Leg Support, Platform), Condition (Achilles Tendon Rupture, Broken Ankles, Foot Fractures, Stress Fractures, Tibia Fractures, Pulled Muscles, Sprains, ACL Injuries), Material (Wood, Metal Alloys, Carbon or Glass-Fiber-Reinforced Composites, Thermoplastic, Carbon-Fiber-Reinforced Polymer), End User (Children, Adults) - Global Industry Demand Forecast to 2030

The global medical crutches market was valued at USD 921.7 million in 2023, which is expected to reach USD 1,358.8 million by 2030, growing at a CAGR of 5.8% during 2024–2030. ...

Lateral Flow Assays Market Size and Share Analysis by Product (Kits & Reagents, Lateral Flow Readers), Application (Clinical Testing, Veterinary Diagnostics, Food Safety & Environmental Testing, Drug Development & Quality Testing), Technique (Sandwich Assays, Competitive Assays, Multiplex Detection Assays), Sample Type (Blood, Urine, Saliva), End User (Hospitals & Clinics, Diagnostics Laboratories, Homecare Settings, Pharmaceutical & Biotechnology Companies) - Global Industry Demand Forecast to 2030

The lateral flow assays market size stood at USD 22.0 billion in 2023, and it is expected to grow at a CAGR of 2.1% during 2024–2030, to reach USD 25.4 billion by 2030. ...

Inspection Machines Market Outlook Report by Product (Vision Inspection Systems, Checkweighers, Leak Detection Systems, Metal Detection Systems, Software, X-Ray Inspection Systems, Combination Systems), Type (Manual, Semi-Automated, Fully Automated), Application (Bottles, Ampoules & Vials, Blister Packs, Syringes), End User (Medical Device Manufacturers, Pharmaceutical & Biotechnology Companies, Food Processing & Packaging Companies) - Global Industry Revenue Estimation and Demand Forecast to 2030

The global inspection machines market was valued at USD 764.5 million in 2023, which is set to reach USD 1,058.2 million by 2030, growing at a CAGR of 4.8% during 2024–2030. ...

Breast Lesion Localization Market Size and Share Report by Type (Wire Guided, Radioisotope, Magnetic Tracer), Usage (Breast Biopsy, Breast Conservation (Lumpectomy)), End User (Hospitals, Ambulatory Surgery Centers, Specialty Clinics) - Global Industry Demand Forecast to 2030

The global breast lesion localization market was valued at USD 410.4 million in 2023, which is expected to reach USD 653.1 million by 2030, growing at a CAGR of 7.0% during 2024–2030. ...

Interventional Radiology Market Size and Share Analysis by Product (MRI Systems, CT Systems, Ultrasound Systems, Angiography Systems), Procedure (Angioplasty, Biopsy and Drainage, Embolization, Catheter-Directed Thrombolysis, Vertebroplasty, Nephrostomy), Application (Cardiology, Oncology, Urology and Nephrology, Gastroenterology, Obstetrics and Gynecology), End User (Hospitals, Ambulatory Surgical Centers) - Global Industry Growth Forecast to 2030

The interventional radiology market revenue is estimated to have stood at USD 2,479.8 million in 2023, advancing at a CAGR of 4.7% during 2024–2030, to reach USD 3,393.4 million by 2030. ...

Audiology Devices Market Revenue Forecast Report: Size, Share, Recent Trends, Strategic Developments, Segmentation Analysis, and Evolving Opportunities, 2023–2030

The audiology devices market revenue stands at USD 10,160.7 million (E) in 2023, and it will advance at 6.9% CAGR during 2023–2030, to reach USD 16,206 million by 2030. ...

Implantable Loop Recorders Market Size and Share Analysis by Indication (Cardiac Syncope, Stroke, Heart Failure, Cardiac Arrhythmia, Bundle Branch Block), End User (Hospitals, Cardiac Centers, Ambulatory Surgical Centers), Distribution Channel (Direct, Indirect) - Global Industry Demand Forecast to 2030

The implantable loop recorders market size stood at $1,341.2 million in 2022, and it is projected to rise at a compound annual growth rate of 8.0% during 2023–2030, to reach $2,490.4 million by 2030. ...

Heart Pump Devices Market Size and Share Analysis by Product (Ventricular-Assist Devices, Intra-Aortic Balloon Pumps, Total Artificial Hearts), Type (Implanted, Extracorporeal), Therapy (BTT, BTC, DT), End User (Hospitals, Cardiac Centers, Ambulatory Surgical Centers) - Global Industry Demand Forecast to 2030

The global heart pump devices market size stood at USD 2,212.5 million in 2022, and it is expected to grow at a CAGR of 22.1% during 2023–2030, to reach USD 10,912.6 million by 2030. ...

Biomarkers Market Size and Share Analysis Report by Application (Diagnostics, Drug Discovery & Development, Personalized Medicine, Disease Risk Assessment), Product Type (Consumables, Services, Software), Type (Safety, Efficacy, Validation), Disease (Cancer, Cardiovascular Disorders, Neurological Disorders, Immunological Disorders, Renal Disorders) - Global Industry Demand Forecast to 2030

The global biomarkers market generated revenue of USD 54.5 billion in 2022, which is expected to witness a CAGR of 11.8% during the forecast period, reaching USD 132.8 billion by 2030. ...

Depyrogenated Sterile Empty Vials Market Size and Share Analysis by Type (2 mL, 5 mL, 10 mL, 20 mL, More than 20 mL), End User (Clinical Labs, Compounding Labs, Pharma and Biotech Companies) - Global Industry Demand Forecast to 2030

The global depyrogenated sterile empty vials market was valued at USD 3,089.8 million in 2022, and it is predicted to reach USD 4,521.7 million by 2030, advancing at a CAGR of 4.9% during 2022–2030. ...

North America Open MRI System Market Size and Share Analysis by Type (Semi-Open High-Field, Open Low-Field, Advanced Open), Scan Type (Cardiology, Orthopedics, Breast, Neurology, Pelvis and Abdomen), End User (Hospitals and Clinics, Diagnostic Imaging Centers) - Industry Demand Forecast to 2030

The North American open MRI system market was valued at USD 822.7 million in 2022, and the market size is predicted to reach USD 1,380.8 million by 2030 , advancing at a CAGR of 6.7% during 2022–2030. ...

PTA Balloon Catheter Market Size and Share Analysis by Material Type (Polyurethane, Nylon), Application (Coronary Artery Disease, Peripheral Vascular Disease), End User (Hospitals, Ambulatory Surgical Centers), Product Type (Standard and High-Pressure PTA Balloon Catheter, Specialty PTA Balloon Catheter) - Global Industry Demand Forecast to 2030

The global PTA balloon catheter market was valued at USD 2,231.6 million in 2022, and the market size is predicted to reach USD 4,591.2 million by 2030, advancing at a CAGR of 9.4% during 2022–2030. ...

Endoscopic Submucosal Dissection Market Size and Share Analysis by Product (Gastroscopes and Colonoscopes, Knives, Injection Agents, Tissue Retractors, Graspers/Clips), Indication (Stomach Cancer, Colon Cancer, Esophageal Cancer), End User (Hospitals, Specialty Clinics, Ambulatory Surgical Centers) - Global Industry Demand Forecast to 2030

The global endoscopic submucosal dissection market was valued at USD 333.1 million in 2022, and the market size is predicted to reach USD 512.9 million by 2030, advancing at a CAGR of 5.5% during 2022–2030. ...

Biologics Safety Testing Market Size and Share Analysis by Offering (Instruments, Consumables, Services), Application (Vaccines, Cellular & Gene Therapy, Blood and Blood-Based Products, Monoclonal Antibodies), Test Type (Sterility, Endotoxin, Bioburden, Mycoplasma, Virus safety, Residual Host Cell Protein & DNA Detection), End User (CDMOs, Biopharmaceutical Companies, CROs) - Global Industry Demand Forecast to 2030

The global biologics safety testing market was valued at USD 3,589.5 million in 2022, which is expected to reach USD 9,370.3 million by 2030, growing at a CAGR of 12.7% during 2022–2030. ...

Multiparameter Patient Monitoring Systems Market Size and Share Report by Device Type (Fixed, Portable), Acuity Level (High, Medium, Low), Age Group (Pediatric, Adult, Geriatric), End User (Hospitals, Homecare Settings, Ambulatory Surgery Centers) - Global Industry Demand Forecast to 2030

The global multiparameter patient monitoring systems market was valued at USD 9,789.2 million in 2022, which is expected to reach USD 17,950.8 million by 2030, growing at a CAGR of 7.9% during 2022–2030. ...

Anti-Biofilm Wound Dressing Market Size and Share Analysis by Mode of Mechanism (Physical, Chemical, Biological), Application (Chronic Wounds, Acute Wounds), End User (Hospitals, Specialty Clinics, Home Healthcare), Age Group (Under 14 years, 14-49 years, 50-64 years, 65-74 years, 75-80 years, Above 80) - Global Industry Demand Forecast to 2030

The anti-biofilm wound dressing market size stood at USD 730 million in 2022, and it is expected to grow at a CAGR of 8.9% during 2022–2030, to reach USD 1,447 million by 2030. ...

Skin Booster Market Size and Share Analysis by Type (Mesotherapy, Micro-needle), Gender (Male, Female), End Use (Dermatology Clinics, MedSpa) - Global Industry Demand Forecast to 2030

The skin booster market size stood at USD 1,040 million in 2022, and it is expected to grow at a CAGR of 10.5% during 2022–2030, to reach USD 2,304 million by 2030. ...

Patient Handling Equipment Market Size and Share Analysis by Type (Patient Transfer Devices, Medical Beds, Mobility Devices, Bathroom & Toilet Assist Equipment, Stretcher and Transport Chair), Type of Care (Long-term Care, Critical Care, Acute Care), End User (Hospital, Home Healthcare, Elderly Care) - Global Industry Demand Forecast to 2030

The global patient handling equipment market size stood at USD 13,242.0 million in 2022, which is expected to reach USD 18,861.8 million by 2030, advancing at a CAGR of 4.5% during 2022–2030. ...

Clear Aligners Market Size and Share Analysis by Age Group (Adults, Teens), Material Type (Polyurethane, Plastic Polyethylene Terephthalate Glycol, Polyvinyl Chloride), End User (Hospitals, Standalone Practitioners, Group Practices), Duration Segment (Comprehensive Malfunction, Medium Treatments, Small Little Beauty Alignments) - Global Industry Revenue Estimation and Demand Forecast to 2030

The clear aligners market size stood at USD 4,613 million in 2022, and it is expected to advance at a compound annual growth rate of 29.6% during 2022–2030, to reach USD 36,648 million by 2030. ...

Magnetoencephalography Market Size and Share Analysis by Type (OPM, SQUIDs), Application (Clinical, Research), End User (Hospitals, Imaging Centers, Academic and Research Institutes) - Global Industry Demand Forecast to 2030

The magnetoencephalography market size stood at USD 275 million in 2022, and it is expected to advance at a compound annual growth rate of 5.60% during 2022–2030, to reach USD 426 million by 2030. ...

Compression Therapy Market Share Analysis by Product (Compression Garments, Compression Pumps), Technique (Statics Compression Therapy, Dynamic Compression Therapy), Application (Varicose Vein Treatment, Lymphedema Treatment, Deep Vein Thrombosis Treatment) - Global Industry Growth and Demand Forecast to 2030

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. ...

Legionella Testing Market Size and Share Analysis by Test Type (Culture Media, Urine Antigen Testing, PCR, Direct Fluorescent Antibody), Application (Water Testing, IVD Testing), End User (Hospitals and Clinics, Diagnostic Labs, Water Treatment Industries) - Global Industry Demand Forecast to 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. ...

Brain Monitoring Market Size and Share Analysis by Product (Device, Accessories), Application (Traumatic Brain Injury, Stroke, Dementia, Sleep Disorders, Parkinson’s Disease, Epilepsy, Huntington’s Disease), End User (Hospitals, Neurology Centers, ASCs & Clinics, Diagnostic Centers) - Global Industry Demand Forecast to 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. ...

Behavioral Health Software Market Size and Share Analysis by Component (Support Services, Software), Delivery Model (Subscription Models, Ownership Models), Functionality (Clinical Functionality, Administrative Functionality), End User (Providers, Payers, Patients) - Global Industry Demand Forecast to 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. ...

Hemostats Market Size and Share Analysis by Application (Orthopedic Surgery, General Surgery, Neurological Surgery, Cardiovascular Surgery, Reconstructive Surgery, Gynecological Surgery), Product Type (Combination Based Hemostats, Thrombin Based Hemostats, Oxidized Regenerated Cellulose-Based Hemostats, Gelatin Based Hemostats, Collagen Based Hemostats), Formulation (Matrix & Gel Hemostats, Sheet & Pad Hemostats, Sponge Hemostats, Powder Hemostats), End User (Ambulatory Centers, Hospitals, Clinics, Community Healthcare) - Global Industry Demand Forecast to 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. ...

Dental Equipment Market Outlook by Type (Articulators, Compressors, Formers & Curing Systems, Furnaces, Lab Work Lights, Lab Workstations, Laboratory Acrylic Injection Systems, Laboratory Cleaning & Polishing Systems, Laboratory Die & Casting Systems, Laboratory Handpieces & Motors, Laboratory Microscopes, Laboratory Model Construction, Dental Laboratory Sandblasters, Dental Laboratory Utilities, Dental Torches & Welders, Dental Waxing Equipment, Digital Dental Lab Systems) - Global Industry Revenue Estimation and Demand Forecast to 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. ...

RTU Cartridges Market Size and Share Analysis by Type (Nest and Tub, Tray), Method (Side-Up Inside, Down-Upside) - Global Industry Demand Forecast to 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. ...

Closed System Transfer Devices Market Outlook by Type (Membrane-to-Membrane, Needleless), Technology (Diaphragm Based, Compartmentalized, Air Cleaning/Filtration), Closing Mechanism (Push-to-Lock Systems, Click-to-Lock Systems, Luer Lock Systems, Color-to-Color Alignment System), Component (Vial Access Devices, Syringe Safety Devices, Bag/Line Access Devices, Accessories), End User (Hospitals & Clinics, Oncology Center)- Global Industry Demand Forecast to 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. ...

Endoluminal Suturing Devices Market Share Analysis by Application (Bariatric Surgery, Gastrointestinal Surgery, Gastroesophageal Reflux Disease Surgery), Component (Suction Port, Cannula, Needle), End User (Hospitals, Clinics, Ambulatory Surgery Centers) - Global Industry Growth and Demand Forecast to 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. ...

Pharmacy Automation Market Share Analysis by Product (Medication Dispensing & Storage Systems, Packaging & Labeling Systems, Tabletop Counters, Medication Compounding Systems), End User (Inpatient Pharmacies, Outpatient Pharmacies, Retail Pharmacies, Pharmacy Benefit Management Organizations and Mail-Order Pharmacies) - Global Industry Growth and Demand Forecast to 2030

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. ...

Anastomosis Devices Market Size and Share Analysis by Type (Disposable, Reusable), Product Type (Staplers, Sutures, Sealants & Adhesives), Application (Gastrointestinal Surgeries, Cardiovascular & Thoracic Surgeries), End User (Hospitals, Ambulatory Surgery Centers & Clinics) - Global Industry Revenue Estimation and Demand Forecast to 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. ...

Restorative Dentistry Market Outlook by End User (Hospitals & Clinics, Laboratories, Academic & Research Institutes), Application (Conservative & Endodontics, Implantology, Prosthodontics), Type (Fillings, Crowns, Inlays & Onlays, Root Canals, Bridges, Dental Implants, Dentures) - Global Industry Revenue Estimation and Demand Forecast to 2030

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. ...

Rapid Test Kit Market Outlook by Type (Rapid Antigen, Rapid Antibody), Product Type (OTC, Professional), Technology (Lateral Flow Assays, Solid Phase, Agglutination, ImmunoSpot Assay), Duration (<30 Minutes, <10 Minutes, <1 Hour, 1–2 Hours), Application (Blood Glucose Testing, Infectious Disease Testing, Pregnancy and Fertility Testing, Cardiometabolic Testing), End User (Hospitals & Clinics, Homecare Settings, Diagnostic Centers), Specimen (Blood, Urine, Nasal Swab, Saliva), Distribution Channel (Online, Offline) - Global Industry Revenue Estimation and Demand Forecast to 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. ...

Biological Safety Cabinet Market Research Report by Type (Class I, Class II, Class III), End User (Pharmaceutical and Biotechnology Companies, Academic and Research Laboratories), Application (Industrial, R&D, Academic) - Global Industry Revenue Estimation and Demand Forecast to 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. ...

Medical Power Supply Market Outlook by Technology (AC–DC, DC–DC), Type (Enclosed, Open-Frame, External, Configurable, U Bracket, Encapsulated), Application (Diagnostic Equipment, Monitoring Equipment, Homecare Equipment, Dental Equipment, Surgical Equipment) - Global Industry Revenue Estimation and Demand Forecast to 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. ...

Magnetic Resonance Imaging (MRI) Systems Market Size Report by Architecture (Closed MRI, Open MRI), Field Strength (High (1.5 T), Very High (3 T), Low to Mid (<1 T), Ultra-High (7 T and Above)), Type (Fixed MRI, Mobile MRI), Application (Brain, Head, and Neck, Spine, Musculoskeletal, Vascular, Pelvic and Abdomen, Breast, Cardiac), End User (Hospitals and Clinics, Diagnostic Centers) - Global Industry Demand Forecast to 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. ...

Sternal Closure Systems Market Size and Share Analysis by Product (Closure Devices, Bone Cement), Procedure (Median Sternotomy, Hemisternotomy, Bilateral Thoracosternotomy), Material (Titanium, Stainless Steel, Polyether Ether Ketone) - Global Industry Revenue Estimation and Demand Forecast to 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. ...

Drug of Abuse Testing Market Outlook by Product (Consumables, Equipment), Sample Type (Urine, Saliva, Hair), End User (Hospitals, Diagnostic Centers, Forensic Labs), Drug Type (Alcohol, Cocaine, Marijuana/Cannabis, Lysergic Acid Diethylamide, Opioids) - Global Industry Revenue Estimation and Demand Forecast to 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. ...

Hematology Testing Market Size and Share Analysis by Product (Instruments, Consumables), Test (Routine Hematology Tests, Special Hematology Tests), End User (Hospitals, Diagnostic Laboratories, Blood Banks) - Global Industry Revenue Estimation and Demand Forecast to 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. ...

Minimally Invasive Surgical Instruments Market Size and Share Analysis by Type (Handheld Instruments, Guiding Devices, Inflation Systems, Electrosurgical Instruments), Application (Laparoscopy, Cardiovascular, Cosmetic Surgery, Orthopedic Surgery, Obstetrics and Gynecology, Ophthalmology, Neurosurgery, Urology), End User (Hospitals, ASCs, Research Institutes) – Global Industry Demand Forecast to 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. ...

Sleep Apnea Devices Market Size and Share Analysis by Type (Therapeutic Devices, Diagnostic Devices), End User (Sleep Laboratories, At-Home) - Global Industry Revenue Estimation and Demand Forecast to 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. ...

Orthodontic Supplies Market Outlook by Product (Fixed Braces, Removable Braces, Adhesives, Accessories), Patient (Adults, Children and Teenagers), End User (Dental Clinics, Hospitals) - Global Industry Revenue Estimation and Demand Forecast to 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. ...

Intraoperative Neuromonitoring Market Share Analysis Report by Product & Services (Systems, Accessories, Services), Source Type (Insourced Monitoring, Outsourced Monitoring), Application (Spinal Surgery, Neurosurgery, Vascular Surgery, ENT Surgery, Orthopedic Surgery), Modality (MEPs, SSEPs, EEG, EMG, BAEPs, VEPs), End User (Hospitals, Ambulatory Surgery Centers)- Global Industry Demand Forecast to 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. ...

Ultrasound Devices Market Growth Analysis Report by Technology (Diagnostic, Therapeutic), Device Display (Color, B/W), Portability (Trolley/Cart-Based, Compact/Handheld, Point-of-Care), Application (General Imaging, Obstetrics/Gynecology, Cardiology, Pain Management), End User (Hospitals, Surgical Centers, and Diagnostic Centers, Maternity Centers, Ambulatory Care Centers, Research and Academic Institutes)- Global Industry Revenue Estimation and Demand Forecast to 2030

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. ...

Nuclear Imaging Equipment Market Size and Share Analysis by Type (SPECT, Hybrid PET, Planar Scintigraphy), Application (Oncology, Cardiology, Neurology), End User (Hospital, Diagnostic Center, Academic & Research Institute) - Global Industry Growth and Demand Forecast to 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. ...

Neurostimulation Devices Market Share Analysis by Type (Implantable/Internal, External), Application (Pain Management, Failed Back Syndrome, Ischemia, Parkinson's Disease, Essential Tremor, Urinary and Fecal Incontinence, Epilepsy, Hearing Loss, Gastroparesis, Depression), End User (Hospitals, Specialty Clinics) - Global Industry Demand Forecast to 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. ...

Surgical Sutures Market Size and Share Analysis Report by Type (Absorbable, Non-Absorbable), Filament (Monofilament, Multifilament), Application (Ophthalmic Surgery, Cardiovascular Surgery, Orthopedic Surgery, Neurological Surgery) - Global Industry Revenue Estimation to 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. ...

North America Ambulatory Infusion Pumps Market Size Analysis by Product Type (Devices, Accessories & Consumables), Route of Administration (Intravenous, Subcutaneous, Epidural), Application (Pain Management, Diabetes, Oncology, Neonatology, Gastroenterology, General Anesthesia, Emergency Medicine), Distribution Channel (Direct, Indirect) - Industry Revenue Estimation and Demand Forecast to 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. ...

Respiratory Care Devices Market Size and Share Analysis by Type (Therapeutic, Monitoring, Diagnostic), Application (Chronic Obstructive Pulmonary Disease, Sleep Apnea, Asthma, Infectious Diseases), End User (Hospitals, Homecare Settings, Emergency Centers) - Global Industry Revenue Estimation and Demand Forecast to 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. ...

HIV Diagnosis Market Size and Share Analysis by Product (Consumables, Instruments, Software & Services), Type of Test (Antibody Test, Viral Load, CD4, Early Infant Diagnosis, Viral Identification), End User (Diagnostic Laboratories, Hospitals, Research Institutes) - Global Industry Revenue Estimation and Demand Forecast to 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. ...

Biosensors Market Report by Type (Sensor Patch, Embedded Device), Product (Wearable, Non-Wearable), Technology (Electrochemical, Optical, Thermal, Piezoelectric, Nanomechanical), Application (Medical Testing, Industrial Process, Food Toxicity, Environment, Agricultural Testing), End User (Point-of-Care Testing, Home Diagnostics, Research Laboratories, Security and Bio-Defense, Food Industry) - Global Industry Revenue Estimation and Demand Forecast to 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. ...

Wearable Injectors Market Size and Share Analysis by Type (On-Body Injector, Off-Body Injector), Technology (Spring-Based, Motor-Driven, Rotary Pump, Expanding Battery), Application (Oncology, Infectious Disease, Cardiovascular Disease, Autoimmune Disease, Immunodeficiency), End User (Hospitals, Clinics, Home Care) - Global Industry Revenue Estimation and Demand Forecast to 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. ...

Nerve Repair and Regeneration Market Size and Share Analysis by Product (Neurostimulation/Neuromodulation Devices, Biomaterials), Application (Direct Nerve Repair/Neurorrhaphy, Nerve Grafting, Stem Cell Therapy) - Global Industry Revenue Estimation and Demand Forecast to 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. ...

Advanced Wound Care Market Report by Type (Advanced Wound Dressing, Wound Therapy Device, Active Wound Care Products), Application (Acute Wounds, Chronic Wounds), End User (Hospitals, Clinics, Home Healthcare) - Global Industry Revenue Estimation and Demand Forecast to 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. ...

Portable Ultrasound Devices Market Size and Share Analysis by Portability (Trolley/Cart-Based, Compact/Handheld, Point-of-Care), Application (Radiology/General Imaging, Gynecology, Cardiology, Urology, Vascular, Orthopedics), End user (Hospitals and Surgical & Diagnostic Imaging Centers, Maternity Centers, Ambulatory Care Centers) - Global Industry Revenue Estimation and Demand Forecast to 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. ...

Microfluidic Devices Market Analysis Report by Material (Glass, Polymer, Silicon), Application (Drug Delivery, Pharmaceutical and Biotechnology Research, Point-of-Care Diagnostics, Clinical Diagnostics) - Global Industry Trends and Growth Forecast to 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. ...

Computed Tomography Market Size and Share Analysis by Type (Low Slice, Medium Slice, High Slice, Cone Beam), Application (Oncology, Neurology, Cardiology, Vascular, Musculoskeletal), End User (Hospitals, Diagnostic Center) - Global Industry Revenue Estimation and Demand Forecast to 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. ...

X-Ray Systems Market Outlook Report by Type (Stationery, Portable), Technology (Digital, Analog), End User (Diagnostic Centre, Hospitals), Application (Chest, Orthopedic, Dental, Cardiovascular, Mammography) - Global Industry Revenue Estimation and Demand Forecast to 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. ...

Ventilator Market Size and Share Forecast Report by Interface (Invasive, Non-Invasive), Patient Group (Adult, Pediatric & Neonatal), Application (Critical Care, Emergency Care, Home Care, Neonatal Care), Mobility (Standard, Portable) - Global Industry Demand Forecast to 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. ...

Surgical Retractors Market Size and Share Analysis Report by Type (Handheld, Self-Retaining), Product (Abdominal Retractor, Finger Retractor, Nerve Retractor, Orthopedic Retractor, Rectal Retractor, Thoracic Retractor, Ribbon Retractor), Application (Neurosurgery, Wound Closure, Reconstructive Surgery, Cardiovascular Surgery, Orthopedic Surgery, Obstetrics/Gynecology Surgery), End Use (Hospitals, Ambulatory Surgery Centers, Clinics) - Global Industry Growth Forecast to 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 Report: By Component (Software, Services), System Type (Documentation Management Systems, Display Systems, Audio-Video Management Systems), Application (General Surgery, Orthopedic Surgery, Neurosurgery), End User (Hospitals, Ambulatory Surgical Centers) – Global Industry Revenue Estimation and Demand Forecast to 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. ...

Pressure Relief Devices Market Size and Share Analysis Report by Product Type (Low Tech Devices, High Tech Devices), Application (Pressure Ulcers, Burns, Surgical Wounds), End-User (Hospitals, Clinics, Long Term Care Centers) - Global Industry Demand Forecast to 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. ...

Extracorporeal Membrane Oxygenation Machine Market Outlook Report by Component (Pumps, Oxygenators, Heater–Cooler Units, Tubes), Modality (Veno-Arterial, Veno-Venous, Arterio-Venous), Application (Respiratory, Cardiac, ECPR) - Global Industry Demand Forecast to 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. ...

Endoprosthesis Market Size and Share Analysis Report by Product Type (Knee, Hip, Shoulder, Elbow, Finger/Hand, Ankle/Foot), End User (Hospitals, Ambulatory Surgical Centers, Clinics) - Global Industry Demand Forecast to 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. ...

Endodontic Devices Market Demand Analysis by Type (Instruments, Consumables), End Use (Dental Hospitals, Dental Clinics, Dental Academic and Research Institutes) - Forecast to 2030

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. ...

Patient Temperature Monitoring Market Outlook by Product (Wearable Continuous Monitoring Sensors, Smart Temperature Monitoring Patches, Table-Top Temperature Monitoring Devices, Handheld Temperature Monitoring Devices, Invasive Temperature Monitoring Devices), Site (Non-invasive Temperature Monitoring, Invasive Temperature Monitoring), Application (Pyrexia/Fever, Hypothermia, Blood Transfusion, Anesthesia), End User (Hospitals, Home Care Settings, Nursing Facilities, Ambulatory Care Centers) – Forecast to 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. ...

Eye Testing Equipment Market Outlook by Device (Autorefractor and Phoropter, Optical Coherence Tomography Device, Fundus Camera, Perimetry Equipment, Tonometer, Biometer, Slit Lamp), Application (General Examination, Cataract, Glaucoma), End User (Hospitals and Eye Clinics, Ambulatory Surgical Centers, Optometry Academic Institutes) – Forecast to 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. ...

Medical Image Analysis Software Market Outlook by Software Type (Integrated, Standalone), Image Type (2D, 3D, 4D), Modality (CT, MRI, Positron Emission Tomography, Single-Photon Emission Tomography, Ultrasound, Radiography, Mammogram), End User (Hospitals, Diagnostic Imaging Centers), Application (Cardiology, Orthopedics, Oncology, Neurology, Obstetrics & Gynecology, Dentistry, Pulmonology, Urology & Nephrology) – Forecast to 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. ...

Energy-Based Aesthetic Devices Market Size and Share Analysis by Technology (Laser-Based, Light-Based, Electromagnetic Energy-Based, Ultrasound-Based, Cryolipolysis, Suction-Based, Plasma Energy-Based), Application (Hair Removal, Facial & Skin Resurfacing/Photo Rejuvenation, Fat Reduction & Body Contouring, Skin Tightening, Cellulite Reduction), Distribution Channel (Indirect, Direct), End User (Dermatology & Cosmetic Clinics, Hospitals, Home-Use) – Forecast to 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. ...

Particle Therapy Market Share and Growth Analysis by Type (Proton Therapy, Heavy Ion Therapy), Product & Service (Product, Service), System (Multi-Room Systems, Single-Room Systems), Cancer Type (Pediatric Cancer, Prostate Cancer, Lung Cancer, Breast Cancer, Head and Neck Cancer), Application (Treatment Application, Research Application), End User (Hospitals, Academic & Research Centers) – Industry Demand Forecast to 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. ...

Ocular Implants Market Report Analysis by Product (Intraocular Lenses, Glaucoma Implants, Corneal Implants), Material (Biodegradable, Non-Biodegradable), Application (Cataract, Glaucoma, Age-Related Macular Degeneration), End-User (Hospitals, Ambulatory Surgery Centers, Specialty Eye Institutes) - Revenue Forecast Through 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. ...

Endoscopic Retrograde Cholangiopancreatography Market Outlook by Product Type (Endoscopes, Endotherapy Devices, Visualization Systems, Energy Devices), Application (Biliary Sphincterotomy, Biliary Dilatation, Biliary Stenting, Pancreatic Sphincterotomy, Pancreatic Duct Dilatation, Pancreatic Duct Stenting), End User (Hospitals & Clinics, Ambulatory Surgery Centers) – Global Industry Revenue Estimation and Demand Forecast to 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. ...

Interbody Spine Implants Market Size and Share Analysis by Product Type (Lumbar, Cervical), Material (Metal, PEEK), End User (Hospitals, Specialty Orthopedic & Spine Centers, ASCs) – Global Industry Growth Forecast to 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. ...

Electrophysiology Market Size, and Share Analysis by Product Type (Ablation Catheters, Laboratory Devices, Diagnostic Catheters, Access Devices), Indication (Atrial Fibrillation, Atrial Flutter, Atrioventricular Nodal Reentry Tachycardia, Wolff-Parkinson-White Syndrome), End Users (Hospitals and Cardiac centers, Ambulatory Surgery Centers) – Industry Forecast to 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. ...

Medical Radiation Detection, Monitoring & Safety Market Size, and Demand Analysis by Product Type (Radiation Detection & Monitoring Products, Safety Products), End User (Hospitals, Non-Hospitals)– Forecast to 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. ...

Needle-Free Injection Systems Market Size, Share, and Demand Analysis By Product (Fillable, Prefilled), Type (Liquid-Based, Projectile/Depot-Based, Powder-Based), Technology (Jet-Based, Spring-Based, Laser-Powered), Usability (Disposable, Reusable), Delivery Site (Subcutaneous, Intramuscular, Intradermal), Application (Vaccine Delivery, Insulin Delivery, Pain Management), End User (Hospitals & Clinics, Home-Care Settings, Research Laboratories) – Forecast to 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. ...

Tangential Flow Filtration Market Size, Trends, and Demand Analysis by Product Type (Single-Use Tangential Flow Filtration Systems, Reusable Tangential Flow Filtration Systems, Filtration Accessories, Membrane Filters), Technology (Ultrafiltration, Microfiltration, Reverse Osmosis and Nanofiltration), End User (Pharmaceutical and Biotechnological Companies, Academic and Research Institutes, Contract Research Organizations) – Forecast to 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. ...

Surgical Instrument Tracking System Market Size, and Share Analysis by Component (Software, Hardware, Services), End User (Hospitals, ASCs), Technology (RFID, Barcodes) – Forecast to 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. ...

Flow Cytometry Market Size and Share Analysis By Technology (Cell-Based Flow Cytometry, Bead-Based Flow Cytometry), Offering (Instruments, Reagents, Software and Services), Application (Drug Discovery, Cancer Diagnostics, Stem Cell Therapy, Hematology and Immunology, Organ Transplantation), End User (Hospitals and Clinics, Pharmaceutical and Biotechnology Companies, Academic and Research Institutes) – Forecast to 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. ...

Infusion Pumps Market Size and Share Analysis by Product Type (Devices, Accessories and Consumables), Functionality (Specialty, Traditional), Application (Chemotherapy/Oncology, Diabetes Management, Gastroenterology, Pain Management/Analgesia, Pediatrics/Neonatology), End User (Hospitals, Homecare Settings, Ambulatory Care Settings) - Forecast to 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. ...

Spinal X-Ray and CT Market By Indication (Spinal Tumor, Spinal Fracture, Spinal Infection), Product (X-Ray Devices, CT Devices, AI-Enabled X-Ray and CT Software), Patient Type (Adults, Pediatrics and Neonates), End User (Hospitals and Clinics, Diagnostic Imaging Centers) – Revenue Forecast to 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. ...

U.S. Endoscope Repair Market Report: By Type (Flexible, Rigid), Service Provider (ISOs, OEMs) – Size, Share Analysis and Growth Forecast to 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. ...

Cardiac Monitoring Market Report: By Product (Resting ECG, Stress ECG, MCT, Holter Monitoring, ICM Monitoring, Cardiac Event Monitoring, Cardiac Output Monitoring), Mode (Standard, Ambulatory), End User (Hospitals, Specialty Cardiac Centers & Clinics, Diagnostic Centers) –Global Industry Size, Share and Growth Forecast to 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. ...

Dental X-Ray Market Report: By Product (Analog, Digital), Type (Intraoral, Extraoral), Application (Cosmetics, Dentistry, Forensics) – Global Industry Revenue Estimation and Demand Forecast to 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. ...

Surgical Robots Market Report: By Product & Service (RAS Systems, Instruments and Accessories, Services), Application (Orthopedics, Neurology, Urology, Gynecology), End User (Hospitals, Ambulatory Surgery Centers) – Global Industry Revenue Estimation and Demand Forecast to 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. ...

ENT Devices Market Report: By Product Type (Diagnostic Devices, Surgical Devices, Hearing Aids, Visualization Devices), End User (Hospitals, ENT Clinics, Ambulatory Centers) – Global Industry Size, Share and Growth Forecast to 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. ...

Portable Minimally Invasive Surgery Simulators Market Report: By Type (Endoscopic, Cardiac), End User (Academic Institutes, Medical Training Centers, Hospitals, Surgical Clinics) – Global Industry Revenue Estimation and Demand Forecast to 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. ...

Hospital Acquired Infection Control Market Report: By Product Type (Consumables, Instruments), Procedure Type (Disinfection, Sterilization), End User (Hospitals & Clinics, Infection Control Service Providers, Ambulatory Surgical Care Centers) – Global Industry Size and Share Forecast to 2030

HAI control market size was $30,224.7 million in 2021, and it is predicted to reach $34,909.7 million by 2030. ...

Brain Modalities and Software Market Report: By Offering (Brain Imaging Modalities, Brain Analysis Software), Patient Type (Adults, Pediatrics & Infants), End User (Hospitals and Clinics, Ambulatory Surgery Centers, Diagnostic Imaging Centers) – Global Industry Revenue Estimation and Demand Forecast to 2030

Global brain modalities and software market size is forecasted to increase at a CAGR of 5.2% between 2021 and 2030. ...

External Defibrillator Market Research Report: By Patient Type (Adult, Pediatric), End User (Hospitals, Clinics, and Cardiac Centers, Pre-Hospital Care and Emergency Medical Service Providers, Public Access Settings, Homecare Settings) - Global Industry Revenue Forecast to 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. ...

Insulin Delivery Devices Market Research Report: By Type (Insulin Pen, Insulin Pump, Insulin Syringe), Distribution Channel (Pharmacies, Diabetes Clinics/Centers, E-Commerce), End Use (Home-Use, Hospitals) - Global Market Demand Forecast to 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). ...

Automated External Defibrillator Market Research Report: By Type (Wearable, Non-Wearable), Technology (Semi-Automatic, Fully Automatic), Patient Type (Adult, Pediatric), End User (Hospitals, Clinics, and Cardiac Centers, Pre-Hospital Care and Emergency Medical Service Providers, Public Access Settings, Homecare Settings) - Global Industry Revenue Forecast to 2030

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. ...

Sleep Tech Devices Market Research Report: By Product (Wearable, Non-Wearable), Application (Insomnia, Sleep Apnea, Narcolepsy, Restless Legs Syndrome, Rapid Eye Movement Sleep Behavior Disorder), Gender (Female, Male), Age (Below 45 Years, 45–64 Years, Above 65 Years), Distribution Channel (Indirect, Direct) - Global Industry Analysis and Demand Forecast to 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. ...

Single-Use Negative Pressure Wound Therapy Devices Market Research Report: By Application (Surgical Wounds, Lacerations, Burns, Pressure Ulcers, Venous Ulcers, Diabetic Ulcers), End User (Hospitals, Home-Care Settings) - Global Industry Outlook and Revenue Forecast to 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. ...

Capnography Devices Market Research Report: By Product (Hand-Held, Stand-Alone, Multi-Parameter), Technology (Side-Stream, Main-Stream, Micro-Stream), Component (OEM Modules), Application (Emergency Medicine, Critical Care, Procedural Sedation, Pain Management), End User (Hospitals, Ambulatory Care Centers) - Global Industry Analysis and Growth Forecast to 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. ...

Surgical Simulation Market Research Report: By Offering (Products, Services), End User (Academic & Research Institutes, Hospitals, Surgical Clinics, Military Organizations) - Global Industry Analysis and Revenue Estimation to 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). ...

Point-of-Care Ultrasound Device Market Research Report: By Type (Diagnostic, Therapeutic), Portability (Trolley/Cart-Based, Compact/Handheld), Application (Emergency Medicine, Cardiology, Obstetrics and Gynecology, Vascular and Urology, Musculoskeletal) - Global Industry Revenue Estimation and Demand Forecast to 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). ...

Home-Use Insulin Delivery Devices Market Research Report: By Type (Insulin Syringes, Insulin Pens, Insulin Pumps), Distribution Channel (Pharmacies, E-Commerce, Diabetes Clinics/Centers) - Global Industry Analysis and Revenue Estimation to 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). ...

Medical Disposables Market Research Report: By Type (Glucose Monitoring Strips, Blood Collection Consumables, Diagnostic Catheters, Dialysis Consumables, Radiology Consumables, Infusion Products, Smart Syringes, Prefilled Syringes, Intubation & Ventilation Supplies, Hypodermic Products, Sterilization Consumables, Nonwoven Medical Supplies, Incontinence Products, Surgical Nonwoven Products, Wound Care Consumables, Infection Management Products, Exudate Management Products, NPWT Devices), Application, End Use – Global Industry Revenue Estimation and Demand Forecast to 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). ...

Contact Lenses Market Research Report: By Usage (Daily Wear, Extended Wear, Traditional Wear), Design (Spherical, Toric, Multifocal, Monovision, Cosmetic), Material (Silicone Hydrogel, Hydrogel, Glass Permeable, Hybrid, Polymethyl Methacrylate), Type (Opaque Contact Lenses, Enhanced Contact Lenses, Tinted Contact Lenses) Application (Conventional, Orthokeratology, Decorative) Distribution Channel (Retail Stores, Hospitals & Clinics, E-Commerce) - Global Industry Revenue Estimation and Demand Forecast to 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). ...

Automated Dispensing Machines Market Research Report: By Type (Centralized, Decentralized), Application (In-Patient, Out-Patient), End User (Hospitals, Pharmacies) – Global Industry Revenue Estimation and Demand Forecast to 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). ...

Brain Implant Market Research Report: By Type (Deep Brain Stimulation, Spinal Cord Stimulation, Vagus Nerve Stimulation), Application (Chronic Pain, Epilepsy, Parkinson’s Disease, Depression, Essential Tremor, Alzheimer’s Disease)– Global Industry Revenue Estimation and Demand Forecast to 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 essenti...

Wheelchair Market Research Report: By Type (Manual, Powered), Modality (Standard, Sports, Bariatric), End User (Adult, Pediatric), Application (Personal, Institutional), Distribution Channel (Retail, E-Commerce) – Global Industry Revenue Estimation and Demand Forecast to 2025

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, im...

RTF/RTU Vials Market Research Report: By Packaging Type (Nest and Tub, Tray), Color (Clear, Amber), Placing Method (Side-Up Inside, Down-Upside), Filling Product (Liquid, Lyophilized) - Global Industry Analysis and Demand Forecast to 2030

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). ...

Medical Electrodes Market Research Report: By Usability (Disposable, Reusable), Modality (Electrocardiography, Electroencephalography & Brainstem Auditory Evoked Potential, Electromyography) - Global Industry Analysis and Demand Forecast to 2025

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). ...

Vials Market Research Report: By Glass Type (Borosilicate, Fused-Silica), End User (Pharmaceutical and Biotech Companies, Biomedical Research Organizations, Medical) - Global Industry Forecast to 2030

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). ...

Medical Cartridges Market Research Report: By Material Type (Glass, Plastic), Size (Less than 3 ml, 3 ml to 5 ml, 6 ml to 10 ml, More than 10 ml), End User (Pharmaceutical and Biotech Companies, Biomedical Research Organizations) - Global Industry Revenue Estimation to 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). ...

Prefilled Syringes Market Research Report: By Type (Conventional, Safety), Material Type (Glass, Plastic), Design (Single-Chamber, Dual-Chamber, Customized), Application (Diabetes, Rheumatoid Arthritis, Anaphylaxis, Cancer) - Global Industry Forecast to 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). ...

North America ISOs Medical Device and Equipment Maintenance and Calibration Services Market, 2014-2030

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 ...

Radiofrequency Ablation Devices Market Research Report: By Component (Catheter Systems, Generators, Accessories), Application (Oncology, Cardiology, Pain Management), End User (Hospitals, Ambulatory Surgical Centers) - Global Industry Analysis and Demand Forecast to 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. ...

Home-Use Skincare Devices Market Research Report: Global Industry Size, Share, Development, Growth and Demand Forecast to 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 Market Research Report: Global Industry Size, Share, Development, Demand and Growth Forecast to 2030

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. ...

Diagnostic Imaging Systems Market Research Report: By Product (X-Ray Imaging Systems, MRI Systems, Ultrasound Systems, CT Scanners, Nuclear Imaging Systems), Application (Cardiology, Oncology, Neurology, Orthopedics, Urology, Dentistry, Ophthalmology, Obstetrics/Gynecology), End User (Diagnostic Imaging Centers, Hospital)- Industry Dynamics and Competitive Benchmarking till 2030

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). ...

Photoacoustic Imaging Market Research Report: By Product (Imaging Systems, Software and Other Accessories), Application (Pre-Clinical, Clinical), Indication (Oncology, Cardiology) - Global Industry Analysis and Growth Forecast to 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). ...

Home-Use Pulse Oximeter Market Research Report: Global Industry Size, Share, Development, Demand, Applications, and Growth Forecast to 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. ...

In Vitro Diagnostic (IVD) Market Research Report: By Offering (Reagents & Kits, Instruments, Software & Services), Technology (Clinical Chemistry, Immunochemistry, Molecular Diagnostics, Hematology, Microbiology), Application (Infectious Diseases, Diabetes, Oncology, Cardiology, Nephrology, Autoimmune Diseases), End User (Hospitals & Clinics, Point of Care, Laboratories, Research & Academic Institutes) - Global Industry Analysis and Growth Forecast to 2030

The in vitro diagnostics (IVD) market size was $63.5 billion in 2019, and it will witness a 6.6% CAGR during 2020–2030. ...

Latin America Orthopedic Garments, Soft Goods and Braces Market Research Report: By Type (Vests, Socks, Pantyhose, Masks, Sleeves, Supports and Braces), Use Area (Knee, Ankle, Elbow, Hand/Wrist, Shoulder, Neck), Gender (Men, Women) - Industry Analysis and Growth Forecast to 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). ...

Latin America Fracture Management Market Research Report: By Type (External, Internal), Material (Metallic, Bioabsorbable, Plaster of Paris, Synthetic), Gender (Men, Women), End User (Hospitals, Clinics and Orthopedic Centers, Ambulatory Surgery Centers) - Industry Analysis and Growth Forecast to 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). ...

Latin America Physiotherapy Tapes & Bandages Market Research Report: By Product (Tapes, Bandages) - Industry Analysis and Growth Forecast to 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). ...

Skincare Devices Market Research Report: By Product (Treatment Devices, Diagnostic Devices), Distribution Channel (Direct, Indirect), Application (Cellulite Reduction, Disease Diagnosis & Treatment, Hair Removal, Skin Tightening & Body Contouring, Skin Rejuvenation), End User (Dermatology Clinics, Hospitals, Spas & Salons) - Global Industry Analysis and Growth Forecast to 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). ...

Hospital Bed Market Research Report: By Type (General, Pediatric, Birthing, Bariatric, Pressure Relief), Treatment (Acute Care, Long-Term Care, Critical Care), Power (Manual, Semi-Electric, Electric), End User (Hospitals, Home Care Settings, Elderly Care Facilities) - Global Industry Analysis and Growth Forecast to 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). ...

U.S. Prostate Cancer Treatment Device Market Research Report: By Type (Radiation, Surgery, High-Intensity Focused Ultrasound, Cryotherapy), End User (Hospitals, Specialty Centers) - Industry Analysis and Growth Forecast to 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). ...

U.S. Medical Equipment Maintenance Market Research Report: By Equipment Type (Imaging, Advanced Imaging Modalities, Primary Imaging Modalities, Electromedical, Life Support, Endoscopes, Surgical, Dental), Service Type (Preventive , Corrective, Operational), Service Provider (Original Equipment Manufacturer, Multi-vendor OEM, Single-Vendor OEM, Independent Service Organization, In-House Maintenance), End User (Public Sector, Private Sector) - Industry Analysis and Growth Forecast to 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). ...

Medical Robotic Systems Market Research Report: By Type (Surgical, Automated Dispenser, Rehabilitation, Radiosurgery), Application (Treatment, Pharmacy Automation), Indication (Urology, Gynecology, Cardiothoracic Surgery, Orthopedics, Neurosurgery), End User (Hospitals and Ambulatory Surgery Centers, Pharmacies, Rehabilitation Centers) - Global Industry Analysis and Growth Forecast to 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. ...

India Solid and Diode Medical Lasers Market Research Report: By Product Type (Diode Laser Systems, Solid-State Laser Systems) - Industry Analysis and Growth Forecast to 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). ...

Aortic Valve Market Research Report: By Valve Type (Tissue/Biological, Mechanical), Suture Type (Sutured, Sutureless), Procedure (Open Surgery, Minimally Invasive Surgery), End User (Hospitals, Ambulatory Surgery Centers) - Global Industry Analysis and Growth Forecast to 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 ...

Hong Kong Wound Care Market Research Report: By Type (Advanced, Traditional), Application (Chronic Wounds, Acute Wounds), End User (Hospitals and Specialty Clinics, Home Healthcare, Long-Term Care Settings), Distribution Channel (Pharmacies, Online Channels) - Industry Analysis and Growth Forecast to 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 trau...

Radiotherapy Market Research Report: By Type (External Beam, Internal Beam, Systemic), End User (Hospitals, Independent Radiotherapy Centers, Cancer Research Institutes) - Global Industry Analysis and Growth Forecast to 2030

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. ...

Italy Online Automated External Defibrillator (AED) Market Research Report: By Type (Non-Wearable, Wearable), Technology (Fully Automatic, Semi-Automatic), Patient Type (Adult, Pediatric), End User (Pre-Hospital Care and Emergency Medical Service Providers, Public Access Settings, Homecare Settings, Hospitals, Clinics, and Cardiac Centers) - Industry Analysis and Growth Forecast to 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). ...

MEA Energy-Based Aesthetic Devices Market Research Report: By Technology (Laser-Based, Light-Based, Electromagnetic Energy-Based, Ultrasound-Based, Cryolipolysis, Suction-Based, Plasma Energy-Based), Application (Facial & Skin Resurfacing/Photo Rejuvenation, Hair Removal, Skin Tightening, Fat Reduction & Body Contouring, Cellulite Reduction), Distribution Channel (Indirect, Direct), End User (Dermatology & Cosmetic Clinics, Hospitals, Home-Use) - Industry Analysis and Growth Forecast to 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). ...

Defibrillator Market Research Report: By Type (Implantable Cardioverter Defibrillators, External Defibrillators), Patient Type (Adult, Pediatric), Distribution Channel (Direct, Indirect), End User (Hospitals, Clinics, & Cardiac Centers, Pre-Hospital Care Settings, Public Access Settings, Home Care Settings) - Global Industry Analysis and Growth Forecast to 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. ...

COVID-19 Impact Analysis on Personal Protective Equipment (PPE) Industry

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). ...

Catheter Market Research Report: By Type (Cardiovascular, Urological, Gastrointestinal, Neurovascular, Ophthalmic), Shape (Pigtail, Judkins Left, Judkins Right, Bypass, Amplatz), End User (Hospitals and Ambulatory Surgical Centers, Homecare Settings, Diagnostic Centers) - Global Industry Analysis and Growth Forecast to 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 Robots Market Research Report: Global Industry Size, Share, Development, Demand, Applications, and Growth Forecast to 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 saniti...

Bronchoscope Market Research Report: Global Industry Size, Share, Trends, Applications and Growth Forecast to 2030

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. ...

Contactless Thermometer Market Research Report: Global Industry Size, Share, Development, Applications and Growth Forecast to 2030

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 Devices Market Research Report: Global Industry Size, Share, Development, Growth and Demand Forecast to 2030

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, sin...

Surgical, Face, and Respiratory Mask Market Research Report: By Distribution Channel (Indirect Channel, Direct Channel), Type (Respiratory, Surgical), End User (Hospital, Individual, ASC, Clinic) - Industry Size, Share, Trends, Drivers, Development and Demand Forecast to 2030

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 Cleaning Market Research Report: Global Industry Size, Share, Development, Growth and Demand Forecast to 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 wi...

Resuscitation Devices Market Research Report: Global Industry Analysis and Demand Forecast to 2030

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 Robotic System Market Research Report: Global Industry Size, Share, Development, Growth and Demand Forecast to 2030

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...

Coronavirus Diagnostic Kit Market Research Report: Global Industry Analysis Trends Forecast to 2030

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...

Anesthesia Ventilator Market Research Report: Global Industry Analysis and Trends Forecast to 2030

Globally, North America held the largest share in the anesthesia ventilator market in 2019. ...

Isolation Room Market Research Report: Global Industry Analysis and Growth Forecast to 2030

The isolation room market is expected to witness  robust growth in the coming time ...

Cochlear Implant Market Research Report: Size, Share, Development, Growth and Demand Forecast to 2030

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 delica...

Aspiration and Biopsy Needles Market Research Report: By Type (Core Needle, Fine Needle), Procedure (Image-Guided, Non-Image-Guided), Application (Breast Biopsy, Lung Biopsy, Prostate Biopsy, Bone and Bone Marrow Biopsy), End User (Hospitals, Diagnostic Centers, Clinics, Research and Academic Institutes) - Industry Size, Share, Development and Demand Forecast to 2030

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). ...

Wearable Medical Devices Market Research Report: By Type (Fitness Trackers, Smartwatches, Smart Cloths, Hearing Aids, Patches, Breath Analyzers), Application (Sports & Fitness, Remote Patient Monitoring, Home Healthcare), Channel (Online, Hypermarkets, Pharmacies) - Global Industry Analysis and Growth Forecast to 2030

The wearable medical devices market value was $10.6 billion in 2019, and it is predicted to rise to $67.2 billion by 2030. ...

Lancet Market Research Report: By Type (Safety, Standard), Application (Glucose Testing, Coagulation Testing, Hemoglobin Testing), Gauge Size (28, 30, 33), End User (Hospitals and Clinics, Diagnostic Centers, Homecare Settings) - Global Industry Analysis and Growth Forecast to 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. ...

Wound Care Biologics Market Research Report: By Product (Skin Substitutes, Growth Factors, Collagen-Based, Cell-Based, Enzyme-Based), Durability (Permanent, Temporary), Formulation (Topical), Application (Chronic, Acute), End-User (Hospitals & Specialty Clinics, ASCs, Home Care), Geographical Outlook (U.S., Canada, Germany, France, U.K., Italy, Spain, China, Japan, India, Australia, Mexico, Brazil, Saudi Arabia, South Africa, Israel) – Industry Size and Share Analysis and Growth Forecast to 2024

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. ...

Surgical Navigation System Market Research Report: By Technology (Optical, Electromagnetic, Hybrid), Application (Neuro, Orthopedic, ENT, Dental, Cardiac), End User (Hospitals, Clinics and Ambulatory Settings) -Industry Trends and Growth Forecast to 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). ...

U.S. Pulse and Regional Oximeters Market Research Report: By Product Type (Pulse Oximeter, Regional Oximeter), Sensor Type (Reusable, Disposable), Patient Type (Adult, Neonate, Pediatric), End User (Hospitals, Pre-Hospital Care and EMS, Providers, Clinics, Fire Rescue Departments, Emergency Management Care Settings, Homecare Settings) - Industry Opportunity Analysis and Growth Forecast to 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). ...

Pulse and Regional Oximeters Market Research Report: By Product Type (Pulse Oximeter, Regional Oximeter), Sensor Type (Reusable, Disposable), Patient Type (Adult, Neonate, Pediatric), End User (Hospitals, Pre-Hospital Care and Emergency Medical Service Providers, Clinics, Fire Rescue Departments, Emergency Management Care Settings, Homecare Settings), Connectivity (Nonconnected, Connected) - Industry Analysis and Growth Forecast to 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). ...

Endoscope Market Research Report: By Type (Esophagoscope, Arthroscope, Colonoscope, Bronchoscope, Cystoscope, Laryngoscope, Laparoscope, Colposcope), Application (Gastroenterology, Orthopedic, Pulmonology, Urology, Gynecology), End User (Hospitals, Specialty Clinics, Diagnostic Centers), Geographical Outlook (U.S., Canada, Germany, France, U.K., Italy, Spain, China, Japan, India, Australia, Brazil, Mexico, Saudi Arabia, South Africa, U.A.E.) – Global Opportunity Analysis and Growth Forecast to 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. ...

Anti-Aging and Skin Rejuvenation Energy-Based Aesthetic Devices Market Research Report: By Technology (Laser-Based, Light-Based, Electromagnetic Energy-Based, Ultrasound-Based, Plasma Energy-Based), Indication (Skin Rejuvenation, Anti-Aging), Application (Skin Tightening, Fine Line & Wrinkle Reduction, Scar Treatment, Oxygenation), Distribution Channel (Direct, Indirect), End User (Dermatologists/Cosmetologists, Beauticians, Clinicians), Geographical Outlook (U.S., Canada, Italy, Germany, France, Spain, U.K., Japan, India, China, Australia, Brazil, Mexico, Saudi Arabia, South Africa) – Global Industry Trends and Growth Forecast to 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. ...

Pulse Oximeter Market Research Report: By Type (Fingertip, Table-Top, Wrist-Worn, Hand-Held, Earlobe, Forehead, Palm/Foot, Nose), Sensor Type (Reusable, Disposable), Patient Type (Neonatal, Pediatric, Adult), End User (Hospitals, Clinics & Healthcare Facilities, Home Care, Diagnostic Centers), Geographical Outlook (U.S., Canada, Germany, France, U.K., Italy, Spain, Japan, China, India, Brazil, Mexico, Saudi Arabia, South Africa) – Industry Trends and Forecast to 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. ...

Robotic Catheter Systems Market Research Report: By Type (Multi-Specialty Systems, Single-Specialty Systems), Technology (Electromechanical, Magnetic), Application (Interventional Electrophysiology Procedures, Peripheral Vascular Procedures), Component (Systems, Accessories), End User (Hospitals, ASCs), Geographical Outlook (U.S., Canada, Germany, France, U.K., Japan, China, India, Brazil, Mexico, South Africa, Saudi Arabia) – Global Industry Analysis and Forecast to 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. ...

Network Connected Medical Devices Market Research Report: By Product (Patient Monitoring Devices, Glucose Monitors, Insulin Pumps, Dialysis, CPAP Machines, Infusion Pumps, Defibrillators, Ventilators, Smart Beds, Oxygen Tanks, Coagulation Testing, Blood Processing Devices, CT Scanners, X-Ray Imaging Systems, Ingestible Sensors), Connectivity Technology (BLE, Wi-Fi, NFC, Cellular, Satellite, ZigBee), Regional Insight (U.S., Canada, U.K., France, Germany, Italy, Spain, Japan, China, India, Australia, Mexico, Brazil) – Global Industry Size, Share Analysis and Growth Forecast to 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 de...

Small Joint Reconstructive Implants Market Research Report: By Type (Hand and Wrist, Foot and Ankle, Staple Fixation), Material (Metal, Polymer), End-User (Hospitals, Ambulatory Surgical Centers) – Regional Insight (U.S., Canada, Germany, France, U.K., China, Japan, Brazil, Mexico, Saudi Arabia, South Africa) – Global Industry Analysis and Demand Forecast to 2024

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, a...

European Union (EU) Point-of-Care Ultrasound (PoCUS) Device Market Research Report: By Type (Diagnostic, Therapeutic), Portability (Trolley/Cart-Based, Compact/Handheld), Application (Anesthesia, ICU, Emergency Medicine, Cardiology, Vascular and Urology, Obstetrics and Gynecology, Musculoskeletal), Regional Insight (Germany, France, U.K., Italy, Spain, Denmark, Poland, Netherlands) – Industry Analysis and Forecast to 2024

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. ...

North America Diagnostic Imaging Systems Market Research Report: By Product (X-Ray Imaging Systems, MRI Systems, Ultrasound Systems, CT Scanners, Nuclear Imaging Systems), Application (Oncology, Cardiology, Neurology, Orthopedics, Urology, Dentistry, Ophthalmology, Obstetrics/Gynecology), End User (Diagnostic Imaging Centers, Hospitals) Geographical Insight (US and Canada) - Industry Size, Share Analysis and Growth Forecast till 2024

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. ...

Catheters and Bands Market by Product (Catheters, Bands), by Catheter Type (Therapeutic, Diagnostic), by Catheter Shape (Pigtail, Judkins Left, Judkins Right, Bypass, Amplatz), by Band Type (Regular, Long), by Procedure Type (Transfemoral, Transradial), by Application (Acute Coronary Syndrome, Pre-Operative Coronary Assessment, Coronary Evaluation, Pulmonary Hypertension, Peripheral Arterial Disease, Bradycardia), by End User (Hospitals, Clinics & Ambulatory Care Centers), by Geography (India, Sri Lanka, Bangladesh, Nepal) – Market Size, Share, Development, Growth, and Demand Forecast, 2014–2024

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. ...

Cataract Surgery Devices Market by Product (Intraocular Lens, Ophthalmic Viscoelastic Devices, Phacoemulsification Equipment), by Type (Equipment, Consumables), by End User (Hospitals, Ophthalmology Clinics, Ambulatory Surgery Centers), by Geography (U.S., Canada, Spain, Italy, U.K., France, Germany, Japan, China, India, Brazil, Mexico, South Africa) – Global Market Size, Share, Development, Growth, and Demand Forecast, 2030

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 shar...

Home Healthcare Market Research Report: by Product (Testing, Screening, & Monitoring Products; Mobility Care Products; Therapeutic Products), Services (Rehabilitation, Respiratory, Infusion, Nursing, Pregnancy)– Global Market Size, Share, Growth, and Industry Forecast, to 2030

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, increasi...

Pacemaker Market Research Report: By Product Type (Implantable Pacemaker, External Pacemaker), Application (Arrhythmia, Atrial Fibrillation, Heart Block, Long QT Syndrome), Technology (Single-Chamber, Dual-Chamber, Biventricular), End User (Cardiac Clinics, Hospitals, Ambulatory Surgical Centers) – Global Industry Size, Share, Growth, and Demand Forecast to 2030

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 f...

Dental Sterilization Market by Product (Instruments [Sterilization Equipment, Cleaning and Disinfectant Equipment], Consumables & Accessories [Washer Disinfectants, Instrument Cleaning and Disinfectant Solutions, Sterilization Indicators, Dental Bur Sterilization]), by End User (Hospitals, Dental Clinics, Dental Laboratories), by Geography (U.S., Canada, Germany, U.K., France, Italy, Spain, China, Japan, India, Brazil, Mexico, South Africa) – Global Market Size, Share, Development, Growth and Demand Forecast, 2030

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 c...

Continuous Glucose Monitoring Systems Market by Component (Sensors, Transmitters & Receivers, Integrated Insulin Pumps), by Application (Type 1 Diabetes, Type 2 Diabetes, Gestational Diabetes), by Demography (Child Population [ 14 years]), by End User (Clinics & Diagnostics Centers, Hospitals, Intensive Care Units , Home Healthcare), by Geography (U.S., Canada, Spain, Italy, U.K., France, Germany, Japan, China, India, Brazil, Mexico, South Africa) – Global Market Size, Development, Growth and Demand Forecast, 2030

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 gl...

Europe Durable Medical Equipment (DME) Market by Type (Monitoring & Therapeutic Equipment [Blood Glucose Monitors, Infusion Pumps, Vital Sign Monitors, Oxygen Equipment], Medical Furniture [Medical Beds, Patient Lifts & Lift Chairs, Stretchers], Personal Mobility Equipment [Wheelchairs, Scooters, Walking Aids], Bathroom Safety Equipment [Commode Chairs, Toilet Rails/Frames]), by End User (Hospitals, ASCs, Home Care Settings), by Geography (Germany, France, U.K., Italy, Russia, Spain, Netherlands, Poland, Switzerland, Belgium, Sweden) – Market Size, Share, Development, Growth, and Demand Forecast, 2014–2024

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, ...

North America Defibrillators Market by Product (ICDs [T-ICDs {CRT-Ds, Single-Chamber Defibrillators, Dual-Chamber Defibrillators}, S-ICDs], External Defibrillators [AEDs {Semi-Automated, Fully Automated}, Manual Defibrillators, Wearable Cardioverter Defibrillators]), by End User (Hospitals, Clinics, & Cardiac Centers, Pre-Hospital Care Settings, Public Access Settings, Home Care Settings), by Geography (U.S., Canada) – Market Size, Share, Development, Growth, and Demand Forecast, 2013–2023

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, risin...

Flexible & Semi-Rigid Ureteroscopy Market by Product (Flexible [Digital, Fiber-Optic], Semi-Rigid), by Application (Urolithiasis, Urinary Stricture, Kidney Cancer), by End User (Ambulatory Surgery Centers [ASCs], Hospitals), by Geography (U.S., Canada, Germany, France, U.K., Italy, Spain, Japan, China, India, Australia, Brazil, Mexico, Saudi Arabia, South Africa) - Global Market Size, Share, Development, Growth, and Demand Forecast, 2030

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...

Capsule Endoscopes Market by Product (Small Bowel Capsule, Colon Capsule, Esophageal Capsule), by Application (Obscure Gastrointestinal Bleeding (OGIB), Crohn’s Disease, Small Intestine Tumor), by Component (Wireless Capsule, Workstations and Recorders), by End User (Hospitals, Diagnostic Laboratories, Ambulatory Surgical Centers), by Geography (U.S., Canada, France, Germany, U.K., Italy, Spain, Japan, China, India, Brazil, Saudi Arabia, South Africa) – Global Market Size, Share, Development, Growth, and Demand Forecast, 2030

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 geriatri...

Cardiovascular Devices Market by Product (Cardiovascular Monitoring and Diagnostic Devices, Coronary Stents, Pacemakers, Defibrillators, Interventional Cardiac Devices, Heart Valves, Cardiac Ablation Catheters, Ventricular Assist Devices), by Application (Coronary Heart Disease, Sudden Cardiac Arrest, Stroke, Rheumatic Heart Disease, Cerebrovascular Heart Disease), by End User (Hospitals, Ambulatory Surgery Centers, Diagnostic Clinics), by Geography (U.S., Canada, Germany, U.K., France, Italy, Spain, Japan, China, India, Brazil, Mexico, Saudi Arabia, South Africa) – Global Market Size, Share, Development, Growth, and Demand Forecast, 2030

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 ...

Home Infusion Therapy Market Research Report: By Product (Infusion Pump [Large Volume, Patient-Controlled Analgesia, Elastomeric, Syringe, Enteral, Insulin, Ambulatory], Intravenous Sets, Needleless Connectors, IV Cannulas), Application (Enteral Nutrition, Anti-Infective, Pain Management, Specialty Pharmaceuticals, Chemotherapy, Parenteral Nutrition, General Hydration)– Global Market Size, Share, Development, Trends, Growth, and Demand Forecast to 2030

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. ...

Intracranial Stents Market by Product Type (Self-Expanding Intracranial Stents, Embolization Coil Support Intracranial Stents), by Disease Indication (Brain Aneurysm, Intracranial Stenosis), by End User (Hospitals, Ambulatory Surgical Centers [ASCs]), by Geography (U.S., Canada, Germany, U.K., France, Italy, Spain, China, Japan, India, Brazil) – Global Market Size, Share, Development, Growth, and Demand Forecast, 2030

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...

Breast Implants Market by Product (Silicone Breast Implants, Saline Breast Implants), by Shape (Round, Anatomical), by Application (Cosmetic Surgery, Reconstructive Surgery), By End User (Hospitals, Ambulatory Surgery Centers [ASCs], Aesthetic Clinics) by Geography (U.S., Canada, Germany, France, Italy, Spain, U.K., Japan, China, India, Brazil, Mexico, Saudi Arabia, South Africa) – Global Market Size, Share, Development, Growth, and Demand Forecast, to 2030

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 fo...

Needles Market by Type (Conventional [Bevel, Blunt Fill, Filter, Vented], Safety [Active, Passive]), by Product (Suture, Blood Collection, Ophthalmic, Dental, Insufflation, Pen), by Material (Metal, Plastic, Glass, Polyetheretherketone [PEEK]), by Delivery Mode (Hypodermic, Intravenous, Intramuscular, Intraperitoneal), by End User (Hospitals, Diagnostic Centers), by Geography (U.S., Canada, France, Germany, U.K., Italy, Spain, Japan, China, India, Brazil, Saudi Arabia, South Africa) – Global Market Size, Share, Development, Growth, and Demand Forecast, 2030

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 va...

Interventional Cardiology Devices Market by Product (Angioplasty Balloons, Angioplasty Stents, Catheters, Plaque Modification Devices, Hemodynamic Flow Alteration), by End User (Hospitals, Ambulatory Surgical Centers [ASCs]), by Geography (U.S., Canada, Germany, France, Italy, Spain, U.K., Japan, China, India, Brazil, Mexico, Saudi Arabia, South Africa) – Global Market Size, Share, Development, Growth, and Demand Forecast, 2030

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...

Sinus Dilation Devices Market Research Report: by Product (Balloon Dilation, Stents, Endoscope [Rhinoscopy, Sinoscopy]), Procedure (Standalone, Hybrid), End User (Hospitals & Clinics, Ambulatory Surgical Centers) – Global Market Size, Share and Growth Forecast, to 2030

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 scenari...

Angiography Equipment Market Research Report: by Product (Angiography Systems, Vascular Closure Devices, Balloons, Catheters, Guidewires, Accessories, Contrast Media), Technology (X-Ray Angiography, MR Angiography, CT Angiography), Procedure (Coronary Angiography, Endovascular Angiography, Onco-Angiography, Neuro-angiography), Indication (Coronary Artery Disease, Valvular Heart Disease, Congestive Heart Failure, Congenital Heart Disease), Application (Diagnostics, Therapeutics), End User (Hospitals & Clinics, Research Institutes, Diagnostics & Imaging Centers) – Industry Size, Share, Development, Growth and Forecast to 2030

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 fo...

Wearable Heart Monitoring Devices Market by Product (Electric Pulse-Based, Optical Technology-Based), by Type (Chargeable, Non-Chargeable, Bluetooth Enabled), by Application (Healthcare, Consumer Market), by End User (Hospitals, Retail Pharmacies, Academic Institutes), by Geography (U.S., Canada, Germany, U.K., Japan, China, Brazil, Mexico, Saudi Arabia, South Africa) – Global Market Size, Share, Development, Growth and Demand Forecast, 2030

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...

Dental Implants and Prostheses Market by Type (Dental Implants [Material {Metallic, Ceramic, Polymeric}, Procedure {Root Form, Plate Form}], Dental Prostheses [Bridges & Crowns, Dentures, Abutments]), by Geography (Germany, U.K., France, Italy, Spain, U.S., Canada, Japan, China, India, Australia, Brazil, Mexico) – Global Market Size, Share, Development, Growth, and Demand Forecast, 2013–2023

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 proce...

Medical Display Monitor Market by Technology (LED-Backlit LCD, CCFL-Backlit LCD, OLED), by Resolution (5MP–8MP, Up to 2MP, Above 8MP, 3MP–4MP), by Display Color (Colored, Monochrome), by Panel Size (23.0–26.9 Inches, 27.0–41.9 Inches, Under 22.9 Inches, Above 42 Inches), by Application (Diagnostic, Clinical, Surgical), by Geography (U.S., Canada, Germany, France, U.K., Italy, Spain, Japan, China, India, Brazil, Mexico, Saudi Arabia, U.A.E.) – Global Market Size, Share, Development, Growth, and Demand Forecast, 2013–2023

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) technolo...

Transradial Access Devices Market by Product (Catheters, Guidewires, Sheath & Sheath Introducers, Accessories), by Application (Drug Administration, Fluid & Nutrition Administration, Blood Transfusion, Diagnostics & Testing), by End User (Hospitals, Clinics and Ambulatory Care Centers), by Geography (France, Netherlands, U.K., Spain, Japan, China, India, Canada, U.S., Brazil, Mexico, Saudi Arabia, U.A.E.) – Global Market Size, Share, Development, Growth, and Demand Forecast, 2013–2023

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 mark...

Urology Surgical Instrument Market by Product (Consumables & Accessories, Urology Endoscope, Endovision System, Peripheral Instrument), by Application (Chronic Kidney Disease (CKD), Urinary Stone, Benign Prostatic Hyperplasia (BPH), Urinary Incontinence and Pelvic Organ Prolapse (UI & POP), Oncology), by Geography (U.S., U.K., Germany, France, Japan, China, India, Brazil) – Global Market Size, Share, Development, Growth, and Demand Forecast, 2013–2023

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...

Guidewires Market by Material Type (Nitinol, Stainless Steel, Hybrid), by Product (Surgical, Diagnostic), by Application (Coronary, Peripheral, Urology, Neurovascular, Gastroenterology), by End User (Hospitals and Diagnostic Clinics, ASCs), by Geography (U.S., Canada, Germany, France, U.K., Italy, Spain, Japan, China, India, Brazil, Mexico, Saudi Arabia, U.A.E., South Africa) – Global Market Size, Share, Development, Growth and Demand Forecast, 2016–2023

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. Nit...

Medical Bionics Market by Product (Heart [Pacemaker, VAD, Artificial Heart Valves, Total Artificial Heart], Neural/Brain [SCSs, DBSs, TENS, SNSs, VNSs], Ear [Cochlear Implants, Bone Anchored Hearing Systems, Auditory Brainstem Implants], Orthopedic [Lower Limb, Upper Limb, Exoskeleton], Vision/Eye), by Fixation Type (Implantable, Non-Implantable), by Geography (U.S., Canada, Germany, U.K., France, Italy, Spain, Japan, China, India, Brazil, Mexico) – Global Market Size, Share, Development, Growth, and Demand Forecast, 2013–2023

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...

Mammography Systems Market Research Report: by Product (Analog Mammography Systems, Digital Mammography Systems, Breast Tomosynthesis Systems), Technology (2D, 3D, Combined 2D and 3D), End User (Hospitals, Ambulatory Surgery Centers [ASCs])– Global Market Size, Share, Trends, Growth, and Demand Forecast to 2030

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...

Nurse Call Systems Market by Instrument (Button Systems, Integrated Communication Systems, Mobile Systems, Intercom Systems), by Technology (Wired, Wireless), by Application (Emergency Medical Alarms, Wanderer Control, Workflow Support), by End User (Hospitals; Clinics and Physician Offices; Assisted Living Centers and Nursing Homes; Ambulatory Care Centers, Others), by Geography (U.S., Canada, Germany, U.K., France, Italy, Spain, China, Japan, India, Brazil) – Global Market Size, Share, Development, Growth, and Demand Forecast to 2030

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 ...

PET-CT Scanner Market by Product (Stationary, Portable/Mobile), by Service Providers (Hospitals, Diagnostic Centers, Research Institutes), by Slice Count (Low-Slice Scanner, Medium-Slice Scanner, High-Slice Scanner), by Application (Oncology, Neurology, Cardiology), by Radioisotope (Fluorodeoxyglucose [FDG], 62Cu ATSM, 18 F Sodium Fluoride, Fluoromisonidazole [FMISO], Gallium, Thallium), by Geography (U.S., Canada, Germany, France, U.K., Italy, Spain, Japan, China, India, Brazil, Mexico, Saudi Arabia, South Africa) – Global Market Size, Share, Development, Growth and Demand Forecast, 2030

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 pro...

Ureteral Stents Market by Product (Open-End Stents, Closed-End Stents, Double-Pigtail Stents, Multiloop Stents), by Material (Metal, Polymer), by Application (Kidney Stones, Kidney Transplant, Urinary Incontinence), by End User (Hospitals, Clinics, Ambulatory Surgical Centers [ASCs]), by Geography (U.S., Canada, Germany, U.K., France, Italy, Spain, Japan, China, India, Brazil, Mexico, South Africa, Saudi Arabia) – Global Market Size, Share, Development, Growth, and Demand Forecast, 2030

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, t...

Saudi Arabia Surgical Sutures Market by Product (Sutures [Absorbable, Non-Absorbable], Automated Suturing Devices [Disposable, Reusable]), by Application (General Surgeries, Gynecological Surgeries, Orthopedic Surgeries, Ophthalmic Surgeries, Cardiovascular Surgeries), by End User (Government Hospitals, Private Hospitals) – Market Size, Share, Development, Growth, and Demand Forecast, 2013–2023

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 devi...

Breast Biopsy Devices Market Research Report: By Product (Guidance Systems, Biopsy Needles/Guns, Biopsy Tables, Biopsy Wires), Procedure Type (Vacuum-Assisted Biopsy, Core Needle Biopsy, Fine Needle Aspiration Biopsy, Surgical Biopsy), Imaging Modality (Mammography Guided Stereotactic Biopsy, Ultrasound Guided Biopsy, Magnetic Resonance Imaging (MRI) Guided Biopsy, Computed Tomography (CT) Guided Biopsy) - Global Industry Size, Share, Trends and Forecast to 2023.

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). ...

Ophthalmic Lasers Market Research Report: by Product (Femtosecond, Excimer, Neodymium Yttrium Aluminum Garnet (Nd: Yag), Diode, Selective Laser Trabeculoplasty (SLT)), Application (Glaucoma, Cataract Removal, Refractive Error Corrections, Diabetic Retinopathy, AMD Treatment), End User (Hospitals, Eye Clinics, Ambulatory Surgical Centers)– Global Market Size, Share, Development, Growth, and Demand Forecast to 2030

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 Market by Type (Transdermal Transmission, Monitoring, Electronic Stimulation), by Application (Clinical, Non-clinical), by Technology (Connected, Regular), by Geography (U.S., Canada, U.K., Germany, France, Italy, Spain, China, Japan, India, Brazil, Mexico, South Africa, Saudi Arabia) – Global Market Size, Share, Development, Growth, and Demand Forecast, 2030

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 increasin...

Vascular Graft Market by Product (Hemodialysis Access Graft, Endovascular Stent Graft, Peripheral Vascular Graft), by Raw Material (Polyester, Polyurethane, Polytetrafluoroethylene, Biosynthetic), by Application (Cardiovascular Diseases, Cardiac Aneurysm, Kidney Failure, Vascular Occlusion, Renal Failure), by End User (Hospitals, Ambulatory Surgical Centers), by Geography (U.S., Canada, U.K., Germany, France, Italy, Spain, China, Japan, India, Brazil, Mexico, South Africa) – Global Market Size, Share, Development, Growth, and Demand Forecast, 2030

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 gr...

Wearable Fitness Trackers Market by Product (Wrist-wear [Watches, Bands], Smart Garments & Body Sensors, Leg-wear), by Distribution Channel (Indirect [Pure Play E-Retailer, Super Specialty Retailers, Wholesalers], Direct), by Geography (U.S., Canada, Germany, U.K., France, Italy, Spain, China, Japan, Australia, India, Brazil, Mexico, Saudi Arabia, South Africa) – Global Market Size, Share, Development, Growth and Demand Forecast, 2013–2023

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, a...

Infant Incubator Market by Product (Transport Infant Incubator, Neonatal Intensive Care Unit (NICU) Incubator), by Application (Neonatal Hypothermia, Lower Birth Weight, Genetic Defects), by End User (Pediatric Hospitals, Birthing Centers, NICU), by Geography (U.S., Canada, U.K., Germany, U.K., France, Italy, Spain, Japan, China, India, Brazil) – Global Market Size, Share, Development, Growth and Demand Forecast, 2030

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 o...

Liquid Biopsy Market by Product & Services (Assay Kits, Instruments, Services), by Circulating Biomarker (Circulating Tumor Cells (CTCs), Circulating Tumor DNA (CTDNA), Cell-Free DNA, Extracellular Vesicles (EVs)), by Application (Early Cancer Screening, Therapy Selection, Treatment Monitoring, Recurrence Monitoring), by Clinical Indication (Cancer Application, Non-Cancer Application), by End user (Reference Laboratories, Hospitals and Physician Laboratories, Academic and Research Centers), by Geography (U.S., Canada, Germany, France, U.K., Italy, Japan, China, India, Brazil, Saudi Arabia, South Africa) – Global Market Size, Share, Development, Growth and Demand Forecast, 2030

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. A...

Glaucoma Surgery Devices Market by Treatment (Open-Angle Glaucoma, Closed-Angle Glaucoma), by Product (Drainage Systems, Laser-Based Devices, Implants), by Application (Conventional Glaucoma Surgeries, Minimally Invasive Glaucoma Surgeries), by End User (Hospitals, Private Ophthalmic Clinics and ASCs), by Geography (U.S., Canada, Germany, U.K., France, Japan, China, India) – Global Market Size, Share, Development, Growth, and Demand Forecast, 2030

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 majo...

IVF Devices and Consumables Market Research Report: By Product (Accessories and Disposables, Reagents and Media, Instruments), Technique (Fresh Embryo IVF, Frozen Embryo IVF, Donor Egg IVF), End User (Fertility Clinics, Hospitals, Surgical Centers, Clinical Research Institutes)- Global Industry Size, Share, Trends and Forecast to 2023

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). ...

Intraocular Lens (IOLs) Market by Product (Monofocal IOLs, Premium IOLs), by Material (Polymethylmethacrylate (PMMA), Silicone, Hydrophobic Acrylate), by End User (Hospitals, Ambulatory Surgical Centers (ASCs), Ophthalmology Clinics, Eye Research Institutes), by Geography (U.S., Canada, Germany, France, U.K, Italy, Spain, Japan, China, India, Australia, Brazil, Mexico, South Africa) – Global Market Size, Share, Development, Growth and Demand Forecast, 2030

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. ...

Electronic Aspirin Market by End User (Hospitals, Ambulatory Surgical Centers)– Global Market Size, Share, Development, Growth, and Demand Forecast to 2030

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 t...

Digestible Sensors Market by Product (Strip, Ingestible, Invasive, Wearable, Implantable), by Application (Patient Monitoring, Diagnostics, Therapeutics), by Technology (Image, Temperature, Pressure, Bio, Accelerometer), by Geography (U.S., Canada, U.K., Germany, France, Italy, Spain, China, Japan, India, Brazil, Mexico, South Africa) – Global Market Size, Share, Development, Growth, and Demand Forecast, 2030

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...

Intraoral Scanners Market by Type (Powder-Free, Powder-Based), by End User (Dental Clinics, Hospitals), by Geography (Germany, France, U.K., Italy, Spain, U.S., Canada, Japan, China, India, Brazil) – Global Market Size, Share, Development, Growth, and Demand Forecast, 2013–2023

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. ...

Artificial Disc Market Research Report: By Type (Cervical Disc, Lumbar Disc), Material (Metal-on-Polymer) - Global Industry and Forecast to 2024

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. ...

Osseointegration Implants Market by Product (Bone-Anchored Prostheses (Spinal Fusion, Auditory, Upper and Lower Limb), Dental Implants (Crown, Implant, Abutment)), by Material Type (Metallic, Ceramic, Polymeric), by End User (Hospitals, Dental Clinics, ASCs), by Geography (U.S., Canada, Germany, France, U.K., Japan, Australia, India, China) – Global Market Size, Share, Development, Growth, and Demand Forecast, 2013-2023

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 p...

Dialysis Market Research Report: by System (Conventional Hemodialysis, Short daily Hemodialysis, Nocturnal Hemodialysis, Continuous Ambulatory Peritoneal Dialysis, Automated Peritoneal Dialysis), Product & Services (Machines, Dialyzers, Access Products, Bloodlines, Concentrates/Dialysates, Catheters, Transfer Sets), End User (In-center Dialysis, Home Dialysis – Global Industry Size, Share, Growth and Demand Forecast to 2030

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 fo...

Hybrid Operating Room Market by Device Type (Surgical Imaging Displays, Operating Room Communication Systems, Operating Room Lights, Intraoperative Diagnostic Devices, Operating Tables, Surgical Booms), by Application (Therapeutic, Diagnostic Imaging), by End User (Hospitals and Surgical Centers, Clinics, Ambulatory Surgical Centers, Medical Research Institutes) – Global Market Size, Share, Development, Growth and Demand Forecast to 2030

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 minimall...

Asia-Pacific Hospital Beds Market by Type (General Beds, Birthing Beds, Bariatric Beds, Pediatric Beds, Pressure Relief Beds), by Treatment (Acute Care Beds, Critical Care Beds, Long-Term Care Beds), by Power (Manual Beds, Semi Electric Beds, Electric Beds), by Geography (China, India, Japan, Australia, South Korea, Taiwan) – Market Size, Share, Development, Growth and Demand Forecast, 2030

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...

North America Hospital Bed Market by Type (General Beds, Birthing Beds, Bariatric Beds, Pediatric Beds, Pressure Relief Beds), by Treatment (Acute Care Beds, Critical Care Beds, Long-Term Care Beds), by Power (Manual Beds, Semi Electric Beds, Electric Beds), by Geography (U.S., Canada) – Market Size, Share, Development, Growth and Demand Forecast, 2030

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 o...

Europe Hospital Bed Market by Type (General Beds, Birthing Beds, Pediatric Beds, Bariatric Beds, Pressure Relief Beds), by Treatment (Acute Care Beds, Critical Care Beds, Long-Term Care Beds), by Power (Manual Beds, Semi-Electric Beds, Electric Beds), by Geography (U.K., Germany, France, Italy, Spain, Switzerland, Czech Republic, Sweden) – Market Size, Share, Development, Growth and Demand Forecast, 2030

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 ...

Artificial Retina Market by Types of Retinal Implant (Epiretinal Implants, Subretinal Implants), by Disease Indication (Age-Related Macular Degeneration (AMD), Retinitis Pigmentosa), by End User (Multi-Specialty Hospitals, Ophthalmic Clinics, Research Institutes), by Geography (U.S., Canada, Germany, U.K., France, Italy, Spain, Japan, Australia, China, India, South Korea) – Global Market Size, Share, Development, Growth and Demand Forecast, 2030

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 rest...

Oral Care/Oral Hygiene Market Research Report: by Product (Toothpastes, Toothbrushes and Accessories, Mouthwashes/Rinses, Dental Accessories/Ancillaries, Denture Products, Dental Prosthesis Cleaning Solutions), Distribution Channel (Consumer stores, Retail Pharmacies, Online Distribution, Dental Dispensaries) – Global Market Size, Share, Growth and Demand Forecast to 2030

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 prod...

Medical Tapes and Bandages Market by Product (Medical Bandages, Medical Tapes), by Application (Surgical Wound Treatment, Traumatic Wound Treatment, Ulcer Treatment, Sports Injury Treatment, Burn Injury Treatment), by End User (Hospitals, Ambulatory Surgery Centers, Clinics, Home Care Settings) – Global Market Size, Share, Development, Growth and Demand Forecast, 2030

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 dam...

Infertility Treatment Market by Procedure (Assisted Reproductive Technology (ART), Artificial Insemination, Fertility Surgeries,), by Product (Instruments, Media & Consumables, Accessories), by Patient Type (Male treatment, Female Treatment), by End User (Fertility Centers, Hospitals and Clinics, Research Institutes, Cryobanks) – Global Market Size, Share, Development, Growth and Demand Forecast, 2030

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 d...

Breast Pump Market Research Report: by Product (Open System, Closed System), Technology (Electric, Manual), End User (Personal Care, Hospital) – Industry Size, Share, Development, Growth and Demand Forecast to 2030

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 ...

Spectral Computed Tomography(CT) Market by Product Type (Spiral CT, Electron beam tomography, Multi-slice computed tomography), by Application (Cardiovascular, Neurovascular, Spinal, Musculoskeletal Disorder, Others), by Type (Cardiac Imaging, Neutral Imaging, Clinical Imaging, Others), by Technology (Dual Layer Detector, Gemstone Spectral Imaging Detector), by End User (Hospitals, Private Clinics, Diagnostic & Imaging Center, Academic Institutions & Research Center, Others) – Global Market Size, Share, Development, Growth and Demand Forecast, 2030

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 n...

Trauma Products Market Size, Share, Development, Growth and Demand Forecast to 2030

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-...

Medical Device Reprocessing Market Size, Share, Development, Growth and Demand Forecast to 2030

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...

Medical Supplies Market Size, Share, Development, Growth and Demand Forecast to 2030

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, wou...

Rehab Equipment Market Size, Share, Development, Growth and Demand Forecast to 2030

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...

Global Image Guided Surgery Devices Market Size, Share, Development, Growth and Demand Forecast to 2023 - Industry Insights by Device Type (CT, Ultrasound, MRI, X-Ray Fluoroscopy, Endoscopes, PET and SPECT), by Application (Neurology, Orthopedic Surgery, ENT Surgery, Oncology Surgery and Others)

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...

Phototherapy Equipment Market Size, Share, Development, Growth and Demand Forecast to 2030

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 ...

Women’s Health Diagnostics Market Size, Share, Development, Growth and Demand Forecast to 2030

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...

OTC Orthopedic Braces Market Size, Share, Development, Growth and Demand Forecast to 2030

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 ob...

Hyperspectral Imaging Market Size, Share, Development, Growth and Demand Forecast to 2030

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 ...

Immunohistochemistry (IHC) Market Size, Share, Development, Growth and Demand Forecast to 2030

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 incl...

Cosmetic Laser Market Size, Share, Development, Growth and Demand Forecast to 2030

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 pr...

Global Needle-Free Diabetes Management Market Size, Share, Development, Growth and Demand Forecast to 2025 – Industry Insights by Device Type (Treatment Device, Diagnostic Device, Artificial Pancreas)

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. ...

Laparoscopic Devices Market Size, Share, Development, Growth and Demand Forecast to 2030

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 la...

Global Pre-Clinical Imaging (In-Vivo) Market Size, Share, Development, Growth and Demand Forecast to 2030

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) indus...

Bathroom and Toilet Assist Devices Market Research Report: Size, Share, Development, Trends Growth and Demand Forecast to 2030

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 awa...

Global Spirometer Market Size, Share, Development, Growth and Demand Forecast to 2030

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 app...

Global Cranio Maxillofacial Implants Market Size, Share, Development, Growth and Demand Forecast to 2030

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...

Global Orthopedic Trauma Devices Market Size, Share, Development, Growth and Demand Forecast to 2030

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 se...

Global Spinal Implants and Spinal Devices Market Size, Share, Development, Growth and Demand Forecast to 2030

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 ...

Global Heart Valve Repair and Replacement Market Size, Share, Development, Growth and Demand Forecast to 2030

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. Th...

Global Gamma Knife Market Size, Share, Development, Growth and Demand Forecast to 2030

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...

Bioabsorbable Stents Market Research Report: Size, Share, Development, Growth and Demand Forecast to 2030

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 ...

Neuroprosthetics Market Size, Share, Development, Growth and Demand Forecast to 2030

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 t...

Foot and Ankle Devices Market Size, Share, Development, Growth and Demand Forecast to 2030

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 appli...

Anti-Snoring Devices and Snoring Surgery Market Size, Share, Development, Growth and Demand Forecast to 2030

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 ra...

Syringes Market Size, Share, Development, Growth and Demand Forecast to 2030

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 syr...

Fluoroscopy and C-Arms Market Size, Share, Development, Growth and Demand Forecast to 2030

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 vari...

ECG Devices Market Size, Share, Development, Growth and Demand Forecast to 2030

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,...

Global Hemodynamic Monitoring Systems Market Size, Share, Development, Growth and Demand Forecast to 2030

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...

Global Cardiac Bio-Implant Devices Market Size, Share, Development, Growth and Demand Forecast to 2030

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 ...

Global Clot Management Devices Market Size, Share, Development, Growth and Demand Forecast to 2030

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 ...

Global Operating Room Equipment Market Size, Share, Development, Growth and Demand Forecast to 2030

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...

Injectable Drug Delivery Market Size, Share, Development, Growth and Demand Forecast to 2030

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 f...

Global Vaccine Market Size, Share, Development, Growth and Demand Forecast to 2030

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, su...

Global Veterinary Diagnostics Market Size, Share, Development, Growth and Demand Forecast to 2030

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 i...

Global Fracture Fixation Products Market Size, Share, Development, Growth and Demand Forecast to 2030

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 pr...

Global Pen Needle Market Size, Share, Development, Growth and Demand Forecast to 2030

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 b...

Global Ophthalmology Devices Market Size, Share, Development, Growth and Demand Forecast to 2030

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...

Breast Imaging Technologies Market Research Report – Industry Size, Share, Growth, Trends and Forecast to 2030

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. ...

Global Microscopy Devices Market Size, Share, Development, Growth and Demand Forecast to 2030

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 nic...

Global Joint Repair Devices Market Size, Share, Development, Growth and Demand Forecast to 2030

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 r...

Global Joint Reconstruction Market Size, Share, Development, Growth and Demand Forecast to 2030

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 year...

Global Intrathecal Pumps Market Size, Share, Development, Growth and Demand Forecast to 2030

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, w...

Global Prostate Cancer Devices Market Size, Share, Development, Growth and Demand Forecast to 2030

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 ...

Global Analgesic Infusion Pumps Market Size, Share, Development, Growth and Demand Forecast to 2030

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 bac...

Global Medical Fiber Optics Market Size, Share, Development, Growth and Demand Forecast to 2030

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 e...

Global Orthopedic Devices Market Size, Share, Development, Growth and Demand Forecast to 2030

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...

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Medical Devices Market in Africa 2023-2027 - Product Thumbnail Image

Medical Devices Market in Africa 2023-2027

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Medical Device Technologies Global Market Report 2024

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The Medical Devices market is a sector of the healthcare industry that produces and sells medical equipment and supplies. It includes a wide range of products, from diagnostic and therapeutic devices to medical implants and prosthetics. These products are used to diagnose, treat, and prevent diseases and medical conditions. Medical device manufacturers are responsible for the design, development, and production of medical devices. They must ensure that their products meet safety and performance standards set by regulatory bodies. Companies in the Medical Devices market must also comply with stringent quality control and manufacturing standards. Some of the major players in the Medical Devices market include Johnson & Johnson, Medtronic, Stryker, Becton Dickinson, and Philips. These companies are involved in the production of a wide range of medical devices, from surgical instruments to medical imaging equipment. Show Less Read more

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Innovations in Telehealth Devices – Global Pipeline Summary

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Unlock hidden opportunities in the Medical Devices industry

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Published: April 08, 2024 Report Code: GDME0601PDE-MP-L5

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  • Report Overview

GlobalData’s Medical Devices sector report, “Innovations in Telehealth Devices – Global Pipeline Summary” provides comprehensive information about the Telehealth Devices pipeline products with comparative analysis of the products at various stages of development and information about the clinical trials which are in progress.

The Telehealth Devices report provides key information and data related to:

  • Extensive coverage of the Telehealth Devices under development
  • Review details of major pipeline products which include product description, licensing and collaboration details and other developmental activities including pipeline territories, regulatory paths, and estimated approval dates.
  • Reviews of major players involved in the pipeline product development.
  • Provides key clinical trial data related to ongoing clinical trials such as trial phase, trial status, trial start and end dates, and the number of trials of the major Telehealth Devices pipeline products.

Review of Recent Developments in the segment / industry

The Telehealth Devices report enables you to:

  • Access significant competitor information, analysis, and insights to improve your R&D strategies
  • Identify emerging players with potentially strong product portfolio and create effective counter strategies to gain competitive advantage
  • Identify and understand important and diverse types of Telehealth Devices under development
  • Formulate market-entry and market expansion strategies
  • Plan mergers and acquisitions effectively by identifying major players with the most promising pipeline

Note: This is an on-demand report that will be delivered upon request. The report will be delivered within 2 business days of the purchase, excluding weekends and holidays. Certain sections of the report may be removed or altered based on data availability and relevance.

The GlobalData Differentiation

This report is prepared using data sourced from in-house databases, secondary and primary research by GlobalData’s team of industry experts.

The data and analysis within this report are driven by GlobalData Medical Intelligence Center (GDMIC) database.

Extensive coverage of the Telehealth Devices under development

  • The report reviews details of major pipeline products which includes, product description, licensing and collaboration details and other developmental activities
  • The report reviews the major players involved in the development of Telehealth Devices and list all their pipeline projects
  • The coverage of pipeline products based on various stages of development ranging from Early Development to Approved / Issued stage
  • The report provides key clinical trial data of ongoing trials specific to pipeline products
  • Recent developments in the segment / industry

Reasons to Buy

The report enables you to:

  • Formulate significant competitor information, analysis, and insights to improve R&D strategies
  • Identify and understand important and diverse types of Telehealth Devices under development
  • Develop market-entry and market expansion strategies
  • In-depth analysis of the product’s current stage of development, territory and estimated launch date

Key Players

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Top Research Reports for ServiceNow, Progressive & Analog Devices

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Growing customer base & partnerships aid servicenow (now), solid policies in force, high retention aid progressive (pgr), battery management system solutions aid analog devices (adi).

Thursday, April 11, 2024 The Zacks Research Daily presents the best research output of our analyst team. Today's Research Daily features new research reports on 12 major stocks, including ServiceNow, Inc. (NOW), The Progressive Corporation (PGR) and Analog Devices, Inc. (ADI). These research reports have been hand-picked from the roughly 70 reports published by our analyst team today. You can see all of today’s research reports here >>> Shares of ServiceNow have outperformed the Zacks Computers - IT Services industry over the past year (+62.4% vs. +46%). The company has been benefiting from the rising adoption of its workflows by enterprises undergoing digital transformation. ServiceNow had 1897 total customers with more than $1 million in annual contract value at the end of the fourth quarter. ServiceNow has been benefiting from the rising adoption of its workflows by enterprises undergoing digital transformation. Security and risk had a terrific quarter with 12 of the top 20 deals, out of which nine deals were more than $1 million. Customer, Employee and Creator workflows each had double-digit deals over $1 million. It is benefiting from strong demand for its generative AI-powered solutions with the launch of Vancouver. Nevertheless, ServiceNow is suffering from high inflation, stiff competition, and challenging macro-economic environment. (You can read the full research report on ServiceNow here >>> ) Progressive shares have outperformed the Zacks Insurance - Property and Casualty industry over the past year (+38.4% vs. +30.1%). The company continues to gain on higher premiums, given its compelling product portfolio, leadership position and strength in both Vehicle and Property businesses. Focus on becoming a one-stop insurance destination, catering to customers opting for a combination of home and auto insurance, augurs well for the company's growth. Policies in force and retention ratio should remain healthy. Competitive pricing to retain current customers and address customer needs with new offerings should continue to drive policy life expectancy. However, exposure to catastrophe losses induces underwriting volatility. Escalating expenses due to higher losses and settlement expenses remain an overhang on the margin. High debt level along with low times earned interest pose financial risk. (You can read the full research report on Progressive here >>> ) Shares of Analog Devices have gained +0.4% over the year-to-date period against the Zacks Semiconductor - Analog and Mixed industry’s gain of +3.3%. The company is benefiting from strong momentum across the automotive end market. Strength across the electric vehicle space on the back of Analog Devices’ robust Battery Management System solutions remains a tailwind. The solid momentum of the HEV platform across the cabin electronics ecosystem is a positive. Additionally, increasing power design wins is another positive. However, softness in the consumer end market is a headwind. A weak demand environment is a major concern. The sluggish communications market, due to the broad-based inventory corrections, is a major negative. Broad-based weakness in the industrial end-market remains a headwind. The ongoing inventory correction is expected to be a headwind for the company in the near term. (You can read the full research report on Analog Devices here >>> ) Other noteworthy reports we are featuring today include The Southern Company (SO), Altria Group, Inc. (MO) and Welltower Inc. (WELL). Director of Research Sheraz Mian Note: Sheraz Mian heads the Zacks Equity Research department and is a well-regarded expert of aggregate earnings. He is frequently quoted in the print and electronic media and publishes the weekly Earnings Trends and Earnings Preview reports. If you want an email notification each time Sheraz publishes a new article, please click here>>>

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Southern company (so) buoyed by regulated customer growth.

The Zacks analyst believes that increase in Southern's regulated business customer base will support its revenue growth but is concerned over timing and cost overrun related to Vogtle project.

Altria Group (MO) Gains From Solid Pricing Amid Low Volumes

Per the Zacks analyst, Altria Group has been benefiting from its solid pricing power. In fourth quarter, higher pricing offered respite to revenues, which was otherwise hurt by low cigarette volumes.

Healthy SHO Fundamental Aid Welltower (WELL), High Rates Ail

Per the Zacks Analyst, healthy senior housing fundamentals driven by limited new supply and rising senior citizens population are likely to aid Welltower. However, high interest rate remains a concern

Insulet (PODD) Gains From New Customer Starts Amid Cost Woes

The Zacks analyst is impressed with Insulet's global growth being fueled by record new customer starts, notably with Omnipod 5 AID system in the United States. Yet, rising expenses may hurt margins.

Robust Gaming Business Aid Hasbro (HAS), High Costs Hurt

Per the Zacks analyst, Hasbro is benefiting from benefiting from robust performance of its gaming category and a strong product lineup. However, the rise in freight and input costs remains concerning.

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Strength in local & travel categories aids groupon (grpn).

Per the Zacks analyst, Groupon is benefitting from strong momentum across its local and travel categories, particularly in the North American region.

Growing Top Line, Solid Capital Position Aid Palomar (PLMR)

Per the Zacks analyst, Palomar's growing revenues driven by higher premiums and net investment income have led to significant growth. Moreover, robust capital position supports capital deployment.

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Low wholesale unit demand & high capex to ail harley (hog).

Per the Zacks analyst, lower demand from dealers for wholesale units would result in a decline in wholesale shipments. High capex requirement is also a concern.

Technology & Product Investment Costs Hurt Insperity (NSP)

Per the Zacks analyst, Insperity's investments in technology, product and service offerings are likely to keep its bottom line under pressure.

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  • Current: Worldwide Smartphone Market Up 7.8% in the First Quarter of 2024 as Samsung Moves Back into the Top Position, According to IDC Tracker

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Publication date: 15 Apr 2024

Worldwide Smartphone Market Up 7.8% in the First Quarter of 2024 as Samsung Moves Back into the Top Position, According to IDC Tracker

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COMMENTS

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  23. Innovations in Telehealth Devices

    This report is prepared using data sourced from in-house databases, secondary and primary research by GlobalData's team of industry experts. The data and analysis within this report are driven by GlobalData Medical Intelligence Center (GDMIC) database. Scope. Extensive coverage of the Telehealth Devices under development

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