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.
No of Reports 480
The fluoroscopy equipment market was valued at $4,072.80 million in 2020, and is projected to reach $6,500.20 million by 2028, registering a CAGR of 4.8% from 2021 to 2028. Fluoroscopy is a type of medical imaging that shows a continuous X-ray picture on a monitor. During a fluoroscopy technique, an X-ray beam is sent through body. The image is delivered to a camera, which enables detailed anal...
The global OTC artificial tears market generated $4,379 million in 2020, and is projected to reach $6,399.43 million by 2028, growing at a CAGR of 4.94% from 2021 to 2028. Artificial tears also known as ocular lubricants are eye drops that are used to lubricate dry eyes and maintain moisture on the outer surface of the eye for a longer duration of time. Over-the-counter (OTC) artificial tears are ...
The global ultrasound devices market was valued at $8,475.8 million in 2020, and is projected to reach $12,535.5 million by 2028, registering a CAGR of 5.3% from 2021 to 2028. Ultrasound devices is use to visualize internal body structures such as muscles, tendons, blood vessels, and others. It is an imaging machine that uses sound waves to generate images of internal body structures to find the ...
The erythropoietin drugs market was valued at $9,243.12 million in 2020, and is projected to reach $ 14,414.59 million by 2028, registering a CAGR of 5.7% from 2021 to 2028. Erythropoietin is a glycoprotein hormone synthesized in the bone marrow that controls and regulates mechanism of erythropoiesis (production of red blood cells). These erythropoietin (EPO) drugs are used for treatment of chemo...
The cancer diagnostics market was valued at $168,600.04 million in 2020, and is projected to reach $280,590.21 million by 2028, registering a CAGR of 6.9% from 2021 to 2028. Cancer diagnostics is the process of detecting biomarkers, proteins, and other indicators that contribute to the detection of a cancerous tumor. Effective diagnostic testing is used to confirm or rule out the presence of infe...
The global artificial cornea and corneal implant market generated $376.61 million in 2020 and is projected to reach $656.19 million by 2028, growing at a CAGR of 7.9% from 2021 to 2028. A corneal transplant involves replacing a cloudy cornea with a clear donor cornea. Donor tissue comes from individuals who have donated their eyes for the benefit of others. The donor corneas used in transplants a...
The global aesthetic lasers and energy devices market was valued at $2.25 billion in 2014 and is expected to reach $10.30 billion by 2028, registering a CAGR of 10.2% from 2021 to 2028. Aesthetic lasers and energy devices are used for the treatment of sun damage skin, wrinkles, and unwanted lesions. These are also used for treating acne and removing tattoos. Increase in incidences of skin damage ...
Dialysis is a technique used to remove waste products such as urea and creatinine from blood, which occurs from inappropriate functioning of kidneys. The procedure is vital during the treatment of end-stage renal disease (ESRD) and chronic kidney disease (CKD). It can be performed in two ways, namely; hemodialysis and peritoneal dialysis. In hemodialysis (HD), a filter is used to remove the waste ...
Bone grafts are implantable materials that promote bone healing through its osteoconductive, osteogenic, and osteoinductive mechanisms. The bone grafts are used in surgical procedures such as spinal fusion surgeries, bone replacement, ensuring new bone formation, and repair of bone fractures. Moreover, bone grafting has applications in the treatment of various bone related disorders such as congen...
Veterinary vaccines play a significant role in the protection of animal and public health, ensuring efficacy in the productivity of food animal sufficing the feed of ever-increasing human population. Animal vaccines have also reduced the risks posed by heavy dosage of antibiotics to food and companion animal. Veterinary vaccinations not only benefit animal health but also have a major effect on th...
The global clinical nutrition market size was valued at $313.578 billion in 2018, and is projected to reach $552.503 billion by 2026, growing at a CAGR of 5.3% from 2019-2026. Clinical nutrition product is a type of pharmaceutical product that helps to keep a patient healthy. It helps to improve the metabolic system by providing adequate supplements such as minerals, vitamins, and others. Clinical...
The global traditional wound management market was valued at $5,247.9 million in 2020 and is projected to reach $7,635.0 million by 2028 registering a CAGR of 4.70 % from 2021 to 2028. Gauze, lint, plasters, bandages (natural or synthetic), and cotton wool are traditional wound dressings that are dry and used as primary or secondary dressings to protect the wound from infection. It is used in the ...
The global heparin market was valued at $6,535 million in 2020, and is projected to reach $11,015 million by 2028, registering a CAGR of 6.6% from 2021 to 2028. Heparin is an anticoagulant medication and a naturally occurring glycosaminoglycan produced by basophils and mast cells in all mammals. It is used to prevent formation of blood clots caused by certain medical conditions or medical procedu...
The global endodontic consumables market was valued at $1234.0 million in 2020, and is estimated to reach $1956.51 million by 2028, registering a CAGR of 6.28% from 2021 to 2028. Endodontic is the branch of dentistry that deals with the treatment of dental pulp and the tissues surrounding the roots of the teeth. It includes various procedures such as root canal therapy or endodontic therapy, endo...
The global personal mobility devices market was valued at $7,704.77 million in 2019, and is expected to reach $14,591.76 million by 2027, growing at a CAGR of 7.1% from 2020 to 2027. Personal mobility devices offer convenient, safe, and suitable transportation to the patients suffering from mobility impairment disorders. These devices can be easily accessed by the caregivers or patients at their h...
The global blood culture tests market was valued at $3,900.00 million in 2019, and is estimated to reach $8,186.15 million by 2027, registering a CAGR of 9.3% from 2020 to 2027. A blood culture is a test that examines the presence of foreign bodies such as bacteria, yeast, and other microorganisms in the blood. Blood cultures are procedures done to detect an infection in the blood and identify th...
The global enteral nutrition market was valued at $6,762 million in 2018, and is projected to reach $12,294 million by 2027, registering a CAGR of 7.1% from 2020 to 2027. Enteral nutrition is prescribed to patients, who are unable to consume sufficient nutrients orally but whose gastrointestinal function is a satisfactory condition for digestion and absorption. This process is deployed when ...
The global smoke evacuation systems market was valued at $128.6 million in 2019, and is projected to reach $196.4 million by 2027 at a CAGR of 10.5% from 2020 to 2027. Smoke evacuation systems are high-flow vacuum devices. They are used to capture the smoke aerosols and gases generated at the surgical site during the use of lasers and electrosurgical units (ESUs). The device pulls smoke plumes fro...
The global ophthalmic drugs market was valued at $36,488.48 million in 2019, and is estimated to reach $58,134.92 million by 2027, registering a CAGR of 5.6% from 2020 to 2027. The eye is one of the most sensitive organ of the human body. Ophthalmic drugs are the formulations that are designed for the treatment of eye diseases such as cataract, glaucoma, color blindness, diabetic macular edema, cy...
The global scaffold technology market was valued at $1,930.37 million in 2019, and is projected to reach $7,522.33 million by 2027, registering a CAGR of 18.3% from 2019 to 2027. Cell culture is a significant tool in biological research. It is mainly of two types, two-dimensional (2D) and three-dimensional (3D). Since the advent of cell culture techniques, 2D cell cultures are mostly preferred du...
The global workplace stress management market was valued at $8,211.15 million in 2019, and is projected to reach $11,490.84 million by 2027, registering a CAGR of 5.90% from 2020 to 2027. Workplace stress includes harmful physical and emotional response that can happen when there is a conflict between job demands on the employee and the amount of control an employee has over meeting these demands...
The global spirulina market was valued at $393.6 million in 2019, and is projected to reach $897.61 million by 2027, registering a CAGR of 10.5% from 2020 to 2027. Spirulina is a natural algae powder known as cyanobacteria that includes potent level of proteins, antioxidants, and vitamin B and other nutrients. It exhibits various benefits such as lowering of LDL and triglyceride levels. It also ex...
The global digital polymerase chain reaction market generated $508.8 million in 2020, and is projected to reach $1,139.9 million by 2028, growing at a CAGR of 9.1% from 2021 to 2028. Digital polymerase chain reaction (dPCR) is a new approach for the detection and quantification of nucleic acids that provides a sensitive and reproducible way to measure the amount of DNA or RNA present in a sample. ...
The global bioabsorbable stents market was valued at $283.60 million in 2019, and is projected to reach $308.90 million by 2027, registering a CAGR of 5.6% from 2020 to 2027.A stent is a medical device which is inserted into the internal duct of the body for expanding the blood vessels and preventing the vessels from blockage. Bioabsorbable stents, also known as bioresorbable stents or naturally-d...
The global endoscopic retrograde cholangiopancreatography market was valued at $1,212.94 million in 2019, and is projected to reach $1,876.75 million by 2027, registering a CAGR of 5.6% from 2019 to 2027. Endoscopic retrograde cholangiopancreatography (ERCP) is a procedure used to diagnose diseases of the gallbladder, biliary system, pancreas, and liver. ERCP devices use a combination of fluorosc...
The global cannabis testing market was valued at $1,029 million in 2019, and is projected to reach $2,445 million by 2027, registering a CAGR of 11.9%. Cannabis testing refers to the analysis that an individual sample of cannabis may be examined to determine THC, CBD, and terpene levels as well as for contaminants and impurities such as residual solvents, mold, disease, pests or pesticide residue...
Sperm bank (cryo-bank or semen-bank) is a specialized repository that purchases and stores the sperms under scientifically controlled conditions to keep them viable for a longer period of time. These stored sperms are sold to clinics and hospitals across the globe for artificial insemination, which involves introduction of the sperm directly into the female’s uterine cavity to fertilize the egg ...
The global fertility services market generated $20,388.61 million in 2019 and is projected to reach $25,709.64 million by 2027, growing at a CAGR of 15.9% from 2020 to 2027. Fertility services are treatments that assist in treating infertility in patients. In vitro fertilization (IVF), surrogacy, artificial insemination, and others are different forms of infertility services, which aid couples wi...
The global ophthalmic operating room microscope market was valued at $7,632 million in 2019 and is expected to reach $11.947.64 million by 2027 with a CAGR of 5.80% during the forecast period. Ophthalmic operating microscope is designed to provide high contrast and detailed imaging of all regions of the human eye. An apochromatic lens will provide high light transmission, permitting high-quality i...
The global spirometer market accounted for $1,079.51 million in 2019, and is expected to reach $1,471.59 million by 2027, registering a CAGR of 3.5% from 2020 to 2027. The spirometer device helps in the identification of different respiratory diseases, such as chronic lung disease that is obstructive, emphysema, asthma, and other breathing diseases, for screening in an occupational environment. Th...