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 global ophthalmic devices market was valued at $32,534.0 million in 2019, and is projected to reach $44,865.0 million by 2027, registering a CAGR of 4.0 % from 2020 to 2027. Ophthalmology is a branch of medical science that deals with the structure, function, and various eye diseases. Ophthalmic devices are medical equipment designed for diagnosis, surgery, and vision correction. These devic...
The global butterfly needle blood collection set market was $166.60 million in 2019, and is expected to reach $320.02 million by 2027, registering a CAGR 8.20% from 2020 to 2027. A butterfly needle is a device used to provide access to superficial vein for drawing blood or for an IV injection. These needles are much easier to use and is less painful due to winged tubing structure that allows grea...
The global vital signs monitoring devices market was valued at $4,655.9 million in 2018 and is projected to reach $7,813.5 million by 2026, registering a CAGR of 6.6% from 2019 to 2026. Vital signs monitoring devices are used for measurement of vital parameters, including blood pressure, heart rate, respiratory rate, & body temperature, and helps in monitoring physical functioning of the body. The...
The global capnography market accounted for $393.93 million in 2019, and is expected to reach $1,181.55 million by 2027, registering a CAGR of 13.5% from 2020 to 2027. Capnography is a medical tool that measures concentration or partial pressure of excised or current carbon dioxide. During anesthesia and intensive care, it is mostly used to monitor CO2 in respiratory gases. It also helps to diagn...
The global COPD and asthma devices market is expected to reach $51,628.58 million by 2027, registering a CAGR of 4.30% during 2020-2027. Chronic obstructive pulmonary disease (COPD) and asthma devices, also known as pulmonary drug delivery devices, are used as a permanent treatment or rescue therapy for respiratory diseases and other related ailments. It is the most advanced mode of drug adminis...
The global catheter coatings market was valued at $918.9 million in 2018 and is projected to reach $1,527.3 million by 2026, registering a CAGR of 6.50% from 2019 to 2026. Catheters are tubular medical devices that are inserted into a patient’s body for delivering drugs or fluids, and are also helpful in removing harmful substances from the body. These devices are used in several post-surgery pr...
The global in vitro diagnostics market (IVD) was valued at $67,111 million in 2019, and is projected to reach $91,093 million at a CAGR of 4.8% from 2020 to 2027. In vitro diagnostics (IVD) are defined as medical devices and reagents which are used to examine specimens such as blood, urine, stool, tissues, and other body fluids, which are derived from human body to detect diseases, conditions, a...
The negative pressure wound therapy (NPWT) devices accounted for $2,144 million in 2020, and is expected to reach $3,347 million by 2027, registering a CAGR of 5.7% from 2020 to 2027. Negative pressure wound therapy (NPWT) devices are one of the most commonly used therapies to treat acute and chronic wounds. These devices work by creating negative pressure around the wounds, which leads to the fl...
The global neutropenia treatment market was valued at $12,602.5 million in 2019, and is expected to reach $19,303.1 million by 2027, with a CAGR of 5.4% during the forecast period. Neutropenia refers to reduced neutrophil count in the blood. Normal individuals have a neutrophil count in the blood ranging between 1,500 and 8,000 cells/cubic meter. When neutrophil count falls below the 1,500 cells...
The Asia Pacific oncology molecular diagnostics market was valued at $381.84 million in 2018 and is projected to reach $732.05 million by 2026, registering a CAGR of 9.0% from 2019 to 2026. Molecular diagnostics is a set of cumulative techniques used for analyzing biological markers at molecular level such as genome and proteome. It is used for diagnosis and prediction of various infectious disea...
The blood market accounted for $7,201 million in 2020, and is expected to reach $10,253 million by 2027, registering a CAGR of 4.5% from 2020 to 2027. Blood is vital for life and is required for normal functioning of the human body. Furthermore, bone marrow is responsible for the production of blood cells in the body. However, various medical conditions can lead to altered level of blood, which ...
The global neurostimulation devices market was valued at $4,387.5 million in 2018 and is projected to reach $11,257.4 million by 2026, registering a CAGR of 12.5% from 2019 to 2026. Neurostimulation is an electrical process of stimulating, inhibiting, modifying, regulating, and altering the activity in the central, autonomous, or peripheral nervous system in the human body. Neurostimulation device...
The global orthopedic devices orthopedic market was valued at $37.2 billion in 2018 and is expected to reach $47.7 billion by 2026, registering a CAGR of 3.1% from 2019 to 2026. Orthopedic devices can be defined as medical devices used to replace the damaged or misplaced bone to improve the function of skeleton and reduce pain due to problems associated with injury/defect on musculoskeletal system...
The global covid-19 diagnostics market size is anticipated to reach $780 million till the end of 2020. Covid-19 is an infectious disease caused by a newly discovered coronavirus with a nomenclature Sars Cov 2.The virus strain shows significant similarity with an earlier detected virus, Sars Cov. The virus outbreak started from Wuhan city of China and is now spread across 210 countries and territor...
The global diphtheria, pertussis, and tetanus (DTP) vaccine market was valued at $ 4,758.8 million in 2019 and is expected to reach $ 7,054.4 million by 2027, with a CAGR of 5.1% during the forecast period. Diphtheria, tetanus, and pertussis or DTP, are serious diseases caused by bacteria. DTP vaccine is a blend of diphtheria and tetanus toxoids adsorbed with pertussis vaccine for intramuscular ...
The global biosensors market was valued at $17,500.0 million in 2018, and is expected to reach $38,600.2 million by 2026, registering a CAGR of 10.4% from 2019 to 2026. Biosensors are medical devices that are primarily used to sense or detect the presence or concentration of biological substances, such as a biomolecule or a microorganism. They are analytical devices that can convert a biological r...
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 blood bank market was valued at $13.85 billion in 2019 and is expected to reach $21.86 billion by 2027, registering a CAGR of 5.7% from 2020 to 2027. A blood bank is a non-profit organization that engages in all the operations such as collection, processing, testing, storage, and distribution of blood and blood components drawn from donors. A blood bank can be a separate free-standing...
The global anti-viral therapies market was valued at $38,316.5 million in 2018, and is projected to reach $46,213.4 million by 2026 registering a CAGR of 2.4% from 2019 to 2026. Antiviral drugs belong to the class of medicines, which are used for treating viral infections, such as HIV, herpes, hepatitis, and influenza. These drugs are generally administered in the form of vaccines. In addition, mo...
The global thermoluminescent dosimeter (TLD) services market was valued at $405.9 million in 2018, and is projected to reach $1335.9 million by 2026, registering a CAGR of 17.1% from 2019 to 2026. A thermoluminescent dosimeter (TLD) is a device that measures quantity of radiations emitting from radioactive materials, absorbed doses, equivalent doses, and other related statistics. On exposure of TL...
The Asia-Pacific IVF Services Market was valued at $8,100.04 million in 2018 and is expected to reach $24,216.42 million by 2028, registering a CAGR of 11.6% from 2019 to 2028. IVF is a complex series of procedure used to help by fertility or avoid genetic problems and assist with the conception of a child. Throughout IVF, mature eggs are collected from ovaries and fertilized by sperm in a lab The...
The global wound management devices market was valued at $13,396.8 million in 2018 and is projected to reach $18,818.4 million by 2026, registering a CAGR of 4.3% from 2019 to 2026. Wounds are one of the most common afflictions that affect billions of people worldwide. Wounds can be classified into acute and chronic based on the severity. Acute wounds are often recovered by natural healing process...
The anesthetic machinery market was valued at $2,001.6 million in 2018, and is estimated to reach $3,288.0 million by 2026, registering a CAGR of 6.3% during the analysis period The anesthetic machinery is a device that is used to prepare a precise gas mixture to deliver to the patients those who undergo a medical procedure. The machinery delivers a controlled flow of oxygen, nitrous oxide, air, ...
The global multiple sclerosis therapies market was valued at $22.99 million in 2018, and is projected to reach $28.00 million by 2026, registering a CAGR of 2.5% from 2019 to 2026. Multiple sclerosis is a chronic, inflammatory medical condition, which results in demyelination, axonal transection, and neurodegeneration of the nerve cells of the brain and spinal cord. The immune system of the body t...
The global laparoscopy devices market was valued at $12,067.60 million in 2019, and is projected to reach $18,907.05 million by 2027, registering a CAGR of 5.8%. Laparoscopy is a minimally invasive procedure used to examine organs inside the abdomen or pelvic cavities by inserting a laparoscope through a small incision in the abdomen. A laparoscope comprises a long, thin tube with high-intensity l...
The global menstrual cup market accounted for around $632 million in 2018 and is expected to reach $963 million by 2026, registering a CAGR of 5.3% from 2019 to 2026. A menstrual cup is a feminine hygiene product that are used during menstruation. It is inserted into the vagina and one can keep it inside for maximum 12 hours. Its purpose is to prevent menstrual blood from leaking onto the clothes....
The mHealth market accounted for $46,048 million in 2019, and is expected to reach $230,419 million by 2027, registering a CAGR of 22.3% from 2020 to 2027. Electronic health (eHealth) is defined as collection and storage of patient data on a computer. Furthermore, Mobile health (mHealth) is a branch of eHealth, which involves the use of mobile devices such as mobile phones, tablets, wearable devi...
The global hernia repair devices and consumables market was valued at $4,742 million in 2019, and is projected to reach $6,350 million by 2027, at a CAGR of 3.6% from 2020 to 2027. Hernia is a medical condition where an organ or fatty tissue bulges out through a weak spot. Hernia repair is a surgical operation for the treatment of hernia and is one of the most commonly performed surgical procedur...
The global disposable syringes market accounted for $5,450 million in 2018, and is expected to reach $8,113.7 million by 2026, registering a CAGR of 5.1% from 2019 to 2026. Disposable syringes are medical devices which are employed in one time administration of therapeutic agents to the body of a patient. Furthermore, these devices are also used in extraction of blood samples from the body of pat...
The North America and Europe menstrual cup market accounted for around $542 million in 2018 and is expected to reach $811 million by 2026, registering a CAGR of 5.1% from 2019 to 2026. A menstrual cup is a feminine hygiene product that is used during menstruation. It is inserted into the vagina and one can keep it inside for maximum 12 hours. Its purpose is to prevent menstrual blood from leakin...