Medical devices industry is undergoing a drastic change with growing focus on preventive care. Companies are focusing on manufacturing products and solutions based on home care, remote monitoring, and self-monitoring, as more and more patients are seeking diagnosis and treatment at home. Technological developments enable users to track health conditions using smartphones without visiting healthcare facilities. The rising incidences of chronic diseases and growing aging population create opportunities in the medical devices industry. Geographically, the growth in emerging markets such as India and China would be higher than developed countries. The report on medical devices industry assists businesses and investors to gain comprehensive information about changing market dynamics. It also provides an extensive analysis of driving and hindering factors of growth of the industry. The study explores development trends, opportunities, and detailed segmentation of the industry. Recent news, policies, standards & regulations, and new findings in the industry are discussed. Significant market statistics have been highlighted in the research to help stakeholders to implement various strategies to strengthen their position in the market.
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According to this latest study, the 2021 growth of Endoscope Pre-cleaning will have significant change from previous year. By the most conservative estimates of global Endoscope Pre-cleaning market size (most likely outcome) will be a year-over-year revenue growth rate of % in 2021, from US$ million in 2020. Over the next five years the Endoscope Pre-cleaning market will register a % CAGR in te...
The global mobile imaging market was valued at $29389.4 million in 2020, and is projected to reach $53847.8 million by 2030 registering a CAGR of 6.50% from 2021 to 2030. Mobile imaging service offers direct X-ray, electrocardiogram (EKG), and ultrasound services to medical facilities and residential and private sectors. Medical imaging is the technique of creating visual representations of the in...
The global medical waste management market was valued at $7,226.4 million in 2020, and is projected to reach $12,834.9 million by 2030, registering a CAGR of 5.8% from 2021 to 2030. Medical waste is defined as the waste generated as a by-product of healthcare work at dentists, hospital, clinics, laboratories, and surgery centers. Medical waste management aims to ensure ecofriendly environment by...
The global oxygen concentrators market was valued at $3,300.00 million in 2020, and is estimated to reach $6,063.90 million by 2030, growing at a CAGR of 5.90% from 2021 to 2030. An oxygen concentrator works by filtering and concentrating oxygen molecules from the ambient air to provide patients with 90% to 95% pure oxygen. The compressor of the oxygen concentrator sucks ambient air and adjusts th...
The nonwoven products are typical class of textile materials designed from fibers that are bonded together to form a lucid structure. Medical nonwovens are either made up of natural fiber-like cotton, linen, or of synthetic materials such polypropylene, polyester, polytetrafluoroethylene (PTFE), and others. The medical nonwoven disposables are commonly used in surgical processes, serving as a barr...
The global surgical drains market was valued at 2,054.0 million in 2020, and is projected to reach $3,075.0 million by 2030, growing at a CAGR of 4.1% from 2021 to 2030. Surgical drains are implants that allow removal of fluid and/or gas from a wound or body cavity. Surgical drains are tubes placed near surgical incisions in the post-operative patient, to remove pus, blood or other fluid, prevent...
The global medical radiation detection market was valued at $1,173.0 million in 2020, and is projected to reach $2,558.1 million by 2030, registering a CAGR of 8.4% from 2021 to 2030. Medical radiation detectors are a type of medical equipment that is used to detect the presence of radiation. When an individual is exposed to radiation for an extended period of time, it is more likely to induce ...
The central nervous disorders therapeutics market generated $1,17,556.10 million in 2020 and is projected to reach $2,32,294.20 million by 2030, growing at a CAGR of 7.3% from 2021 to 2030. The central nervous system (CNS) is a complex system that regulates and coordinates body activities. Central nervous system (CNS) disorders, also known as central nervous system diseases. It is a group of neur...
The global buccal cavity devices market was valued at $ 2,036.40 in 2020 and is projected to reach $ 4,534.60 by 2030 registering a CAGR of 8.40% from 2021 to 2030. Oral cavity is located at the upper end of the alimentary canal that opens to the outside at the lips and empties into the throat at the rear and contains structures for mastication and taste in higher vertebrates. Buccal cavity device...
The global infection surveillance services market was valued at $407.06 million in 2020, and is projected to reach $1,724.22 million by 2030, registering a CAGR of 14.5% from 2021 to 2030. The infection surveillance service provides information and instruction for national surveillance of healthcare-associated infections such as surgical site infection, pneumonia, and urinary tract infection. The...
The global influenza vaccine market was valued at $5024.60 million in 2020, and is projected to reach $10,127.0 million by 2030, registering a CAGR of 7.20% from 2021 to 2030. Contagious respiratory infections or illness due to influenza viruses is commonly termed as influenza. The four types of influenza viruses include Type A, Type B, Type C, and Type D. Amongst them, Type A and Type B are the m...
The advanced clinical decision support platforms market, was valued at $450.4 million in 2020, and is projected to reach 1,049.8 million by 2030, registering a CAGR of 8.70% from 2020 to 2030. Advanced clinical decision support platform, provides an actionable information for improving the decision making abilities of the health professionals. It is a type of system that offers health information ...
The global chromatography market was valued at $8,706.00 million in 2020 and is projected to reach $15339.60 million by 2030 registering a CAGR of 5.80% from 2021 to 2030. Chromatography is the most essential and well-known separation technique, which is extensively used across various industries. Chromatography is referred to as a technique that is used for the purification of biomolecules in whi...
The global medical device packaging market was valued at $ 22097.1 in 2020, and is projected to reach $ 47,117.70 by 2030 registering a CAGR of 7.50% from 2021 to 2030. Packaging of medical devices are the packing solutions integrated at the primary level, secondary level, and transportation level of packaging. Packaging plays a very crucial role, especially in case of medical devices. Moreover, i...
The global fundus camera market was valued at $445.60 million in 2020, and is estimated to reach $710.20 million by 2030, growing at a CAGR of 4.50% from 2021 to 2030. A fundus camera is a specialized device that combines a low-power microscope with an attached camera to monitor the fundus portion. Its optical design is inspired by an indirect ophthalmoscope. The fundus camera takes images of the ...
The global AI in healthcare market was valued at $8.23 Billion in 2020, and is projected to reach $194.14 billion by 2030, growing at a CAGR of 38.1% from 2021 to 2030. Artificial intelligence (AI) can be defined as the science and engineering adopted to design intelligent machines, especially intelligent computer programs. AI is an intelligent system that applies various human intelligence-based ...
The global palliative care market was valued at $11,200 million in 2020, and is projected to reach $25,309 million by 2030, registering a CAGR of 8.4% from 2021 to 2030. Palliative care improves quality of life of patients and their families who are facing problems associated with life-threatening diseases, whether psychological, physical, social or spiritual. Palliative care involves a range of...
The global pneumonia therapeutics market was valued at $12,293.9 million in 2020, and is projected to reach $25,546.8 million by 2030, registering a CAGR of 8.5% from 2021 to 2030. Pneumonia is an infection that affects the lower respiratory tract. Furthermore, pneumonia is characterized by symptoms such as short breathing, fever, chest pain, nausea, and vomiting. In pneumonia, the air sacs of ...
The global Cough Remedies market was valued at $7084.5 million in 2020, and is projected to reach $9911.2 million by 2030, registering a CAGR of 3.4% from 2021 to 2030. Cough is a response to irritation caused to throat or airways. A cough that persists for several weeks or one that brings up discolored or bloody mucus indicates a condition that needs medical attention. Furthermore, cough can caus...
The global minimally invasive glaucoma surgery (MIGS) devices market was valued at $298.75 million in 2020 and is projected to reach $5,099.38 million by 2030, registering a CAGR of 35.0% from 2021 to 2030. The aim of the glaucoma surgery is to lower eye pressure to prevent or reduce damage to the optic nerve with the use of minimally invasive glaucoma surgery devices (MIGS). MIGS devices such as ...
The global intravenous infusion pump market was valued at $4,154.30 million in 2020, and is estimated to reach $8,147.20 million by 2030, growing at a CAGR of 7.10% from 2021 to 2030. Infusion pump is a medical device that delivers fluids such as nutrients and medications into a patient’s body in controlled amounts. Infusion pumps are increasingly used in clinical settings such as hospitals, nur...
The global body temperature monitoring market was valued at $1,463 million in 2020, and is projected to reach $3,428 million by 2030, registering a CAGR of 8.2% from 2021 to 2030. Body temperature monitoring provides a piece of vital physical information for several medical conditions. Body temperature can be measured using several kinds of contact and contactless devices. Moreover, it can be m...
The global lung injury market was valued at $1,579.47 in 2020, and is projected to reach $2,417.41 by 2030 registering a CAGR of 4.20% from 2021 to 2030. Lung injury is a disorder of acute inflammation that causes disruption of the lung endothelial and epithelial barriers. Often it becomes a life-threatening condition caused by severe acute hypoxemic respiratory failure. In addition, it is a key r...
The global assisted reproductive technology market was valued at $2,317.7 million in 2020, and is estimated to reach $12,272.5 million by 2030, growing at a CAGR of 19.3% from 2021 to 2030. Assisted reproductive technology (ART) is defined as the medical procedure used to address the infertility treatments for handling of eggs and embryo. This technique aims to remove the eggs from a woman’s ov...
The global cleanroom consumables market was valued at $ 3688.38 million in 2020 and is projected to reach $ 6658.35 million by 2030, registering a CAGR of 5.40% from 2021 to 2030. Cleanroom is a controlled environment that has low levels of contaminants such as dust, airborne microbes, aerosol particles, and chemical vapors. It is a place where the concentration of airborne particles is controlle...
The global urinary incontinence device market was valued at $2,098.65 million in 2020, and is projected to reach $6,179.32 million by 2030, registering a CAGR of 11.8% from 2021 to 2030. The involuntary flow of urine due to a loss of bladder control is known as urinary incontinence. Urinary incontinence devices aid in collecting and holding urine; such devices help in managing urinary incontinence...
The global implantable insulin pump market was valued at $2,674 million in 2020, and is projected to reach $6,443 million by 2030, registering a CAGR of 9.1% from 2021 to 2030. Implantable insulin pump is a medical device that helps in delivering insulin into peritoneal cavity, and remains inside the human body all the time. Moreover, implanted insulin pumps aids in effective absorption of insuli...
The global culture media market was valued at $5,492.90 million in 2020, and is projected to reach $13,487.84 million by 2030, registering a CAGR of 9.5% from 2021 to 2030. Culture media plays a role of growth factor in cultivation of cell lines. The provide ample environment for the regeneration and growth of cells such as stem cells, and other cell lines. In order to fulfill the requirements of ...
The global root canal sealer market was valued at $335.87 million in 2020 and is projected to reach $605.76 million by 2030 registering a CAGR of 6.30% from 2021 to 2030. A root canal is naturally occurring anatomic space within the root of a tooth. A root-canal sealer is radiopaque luting agent used, usually in combination with a solid or semisolid core material, to fill voids and to seal root ca...
The global ophthalmic perimeter market was valued at $379 million in 2020, and is projected to reach $601 million by 2030, registering a CAGR of 4.6% from 2021 to 2030. Ophthalmic perimeter is a medical device which is used for the detection & measurement of visual field in humans. Ophthalmic perimeters can help in the detection of any visual diseases in human eyes by testing the sensitivity of ...