The global durable medical equipment (DME) market is projected to witness remarkable growth in the coming years owing to increasing cases of diseases requiring long-term care. Chronic diseases, such as cancer, diabetes, and neurological conditions, are boosting the demand for surgical procedures, which call for a wide range of medical equipment. Such medical tools are expensive owing to high risk associated with complex medical procedures. This has, in turn, fueled the demand for durable medical equipment that can be used for long-term care.
The global immunoassay market is anticipated to witness strong growth in the years to come due to rising incidence of chronic and infectious diseases. Rapid globalization has resulted in the transfer of several types of viruses, pathogens, and bacteria. Growing cases of hospital acquired infections, along with unhealthy sanitation practices in daily life, are also responsible for the spread of infections. In addition, rising occurrence of diseases, including Zika, Ebola, and other contagious pathogens, is expected to support market growth in the years to come.
The global abdominal surgical robots market revenue was valued at USD 2.94 billion in 2017 and is expected to be valued at USD 12.78 billion by 2025. The market growth is influenced by the increasing preference for minimally invasive procedures coupled with the increasing demand for high precision and reliable surgical platforms. The market is also influenced by the rising efficiency provided to the surgeons in case of open surgery as compared to conventional forms.
The global ambulatory surgery centers market was valued at USD 60.81 billion in 2017, growing at a CAGR of 5.5 % from 2017 to 2025. Increase in the incidence of chronic diseases and the rise in geriatric population, requiring cost-effective and efficient treatment are among the key factors driving the market. Also, advancements in diagnostic techniques and surgeries, such as minimally invasive surgeries, endoscopy, and laparoscopy, will have a positive impact on ASCs market growth in the coming years.
The global insulin pump market is anticipated to witness significant growth in the coming years. Insulin pump is a medical device used to administer insulin in diabetic patients at specific intervals. The device is attached to patient’s body and insulin is injected via catheter placed under the skin. It delivers a dose of insulin to control and maintain blood sugar level. The patient can take an extra dose depending on the food intake to keep glucose level under control.
The global mass spectrometry market is projected to witness substantial growth in coming years owing to rising demand for clinical analysis. Mass spectrometry is an analytical technique used to differentiate and identify compounds within a sample. The technique can also trace components at minute concentrations. It enables researchers and scientists to categorize all elements in a single analysis. The process involves ionization of the sample and separation of the ions based on their mass and charge. Categorized ions are then measured using a computer.
The global medical device contract manufacturing market is expected to witness substantial growth owing to increasing need for reducing manufacturing costs and delay in the launch of new products among the original equipment manufacturers (OEMs). Medical Device Contract Manufacturing helps companies to expand their business across different regions without setting their manufacturing units. In addition, changing regulatory policies, complexities in product engineering, and increasing competition due to entry of new participants are expected to boost market growth.
The global medical device outsourcing market is expected to witness robust growth in coming years owing to increasing in the number of companies manufacturing medical equipment. Companies are producing such devices at lower costs in order to gain competitive edge in the market. Outsourcing of such equipment to third party manufacturers helps in reducing operational and overhead expenses for original equipment manufacturers (OEMs).
Germany clinical trial supplies market size was valued at USD 115.5 million in 2017 and is projected to grow further during the forecast period. Increasing prevalance of diseases, such as cancer and HIV, along with rising number of clinical trials are projected to support the market growth. Upsurge in biologics and biosimilar drugs are also anticipated to contribute toward the market growth. Around half of the phase I clinical trials remain outsourced and the phenomena is projected to increase further on account of globalization of clinical trials.
The global airway and anesthesia devices market are expected to witness substantial growth over the forecast period on account of the increasing air pollution and respiratory problems among people.
Global wound care market is expected to witness substantial growth over the forecast period on account of the growing geriatric global population.
The DNA sequencing products market is expected to grow at a significant pace from 2016 to 2024 owing to the advancements in personalized medicine facilities.
The global legionella testing market is expected to grow at a considerable rate over the forecast period owing to the advancements and automation in the immunodiagnostic market such as the introduction of advanced ELISA antibodies for the prevention of legionnaires diseases in the market. The rapidly rising awareness about legionella based diseases and the increase in demand for advanced immunodiagnostic techniques is a direct consequence of rapidly increasing incidences of mild flu and pneumonia like diseases through legionella bacteria.
The global hypodermic needles market was estimated at USD 2,568.7 million in 2016. The primary factors attributing to market growth is the implementation of stringent regulations by several governments to confine needlestick injuries.
Gases that find direct and indirect applications in healthcare are referred to as medical gases. In addition, equipment used to produce, distribute and facilitate medical gases are referred to as medical gas equipment.
Home healthcare device market is expected to witness lucrative growth over the forecast period owing to the increasing prevalence of chronic diseases such as diabetes, respiratory diseases and cardiac disorders.
The worldwide market for CT scanners was estimated at USD 3.41 billion in 2011 which reached USD 3.71 billion in 2012. The overall market is expected to reach USD 6.35 billion in 2019, growing at a CAGR of 6.7% from 2013 to 2019. CT scanners in the North American region are expected to increase from USD 860 million in 2012 to nearly USD 1.8 billion in 2019, growing at a CAGR of 4.3%. The U.S. market was estimated at USD 789.0 million in 2012 and is expected to reach USD 1.21 billion by 2019, growing at a CAGR of 2.1% from 2013 to 2019.
The global hernia repair market was valued at USD 4.09 billion in 2016. Increasing pool of obese patients, rising geriatric population and increasing demand for minimally invasive procedures are driving the market over the forecast period. Increasing adaptation of tension-free repair process is the key factor driving the growth of the global market.
The global anesthesia equipment market is expected to observe rapid development over the forecast period. This growth can be attributed to the rising cases of planned surgeries and need for minimizing anesthesia-related risks to healthcare personnel, as well as patients. Increasing cases of respiratory illnesses, such as obstructive sleep apnea (OSA) and chronic obstructive pulmonary disease (COPD), are the primary drivers for this market.
Prenatal, fetal and neonatal equipment comprise of those equipment and devices that help in taking care of newly born children and babies developing inside mother’s womb. Some equipment that helps monitor and diagnose both mother and the fetus has been included in the prenatal and fetal equipment category.
Needle-free injection systems are one of the innovative ways introduced to various medicines to patients without penetrating it into the skin. In this type, a conventional needle is not used. Needle-free injection techniques are used in medications and pork industry as they offer a fast and effective route of administration. Further advantages include robustness and no issues pertaining to needle disposal.
Mammography is a specific type of breast imaging that uses low-dose x-rays to detect cancer early before women experience symptoms, when it is most treatable. A mammography exam, called a mammogram, supports in the early detection and diagnosis of breast diseases in women. An x-ray (radiograph) is a noninvasive medical test that helps physicians diagnose and treat medical conditions.
Laparoscopy is a surgery that uses a thin, lighted tube put through an incision in the belly to look at the abdominal organs or the female pelvic organs. Laparoscopy is used to find problems such as cysts, adhesions, fibroids, and infection. Tissue samples can be taken for biopsy through the tube.
A fundus camera is a specialized low power microscope with an attached high resolution camera. Its optical design is based on the indirect ophthalmoscope. Fundus cameras are used to diagnose various types of retinal disorders.
An oxygen concentrator is a device used to deliver concentrated oxygen to a patient requiring oxygen therapy. These devices are considered as a safer, easy to use and inexpensive compared to compressed oxygen cylinders.
The global blood gas and electrolyte analyzers market is expected to grow at a CAGR of 4.7% during the forecast period (2016-2024). It is estimated to reach around USD 715 million by 2024.
The global bioelectronics and biosensors market was estimated at USD 11.4 billion in 2013. The market is anticipated to grow at a healthy CAGR over 10%, exceeding USD 28 billion in the forecast period (from 2016 to 2024).
In 2015, the global infusion market was valued at USD 13.0 billion. Infusion therapy is the procedure usually performed when oral medication treatments are not effective in the patients.
Audiology devices are the electronic instruments that help the impaired in diagnosing and treating their hearing disorders. The hearing disorders include nerve deafness and congenital hearing problem whereas, sensorineural, conductive and mixed are the hearing losses that people suffer from and can be treated with audiology devices.
The dialyzer market is expected to grow owing to growing number of end-stage renal disease patients and increasing number of patients suffering from diabetes and hypertension.
The pH meters market is expected to grow at a CAGR of 3% over the forecast period from 2016 to 2024.
The global gynecological devices market is expected to grow at a significant rate during the forecast period owing to the changing lifestyle with more emphasis on health.
The tumor ablation industry is anticipated to witness CAGR of over 11.1% over the next seven years. The market is expected to witness considerable growth in demand owing to the advent of technology and innovation in the area of thermal ablation.
The global ambulatory services market size was expected to grow at a moderate pace over the next eight years.
The global ultrasound device market was valued at approximately USD 6.8 billion and it is projected to grow at an approximate CAGR of over 6 % over the forecast period of 2016 to 2024
Increasing rate of adverse drug reaction coupled with rising drug consumption globally is anticipated to propel the market growth for pharmacovigilance market. It is basically pharmacological science which helps in collecting, assessing, detecting, monitoring and preventing drug reaction after consumption of pharmaceutical drugs. Increasing number of absolute and chronic diseases, rise in the level of drug toxicity, and growing geriatric population base all over the world are the main drivers of this market.
The automation task performed in healthcare and medical sector is known as pharmacy automation and the devices used for automation are called as pharmacy automation device market. Increasing prevalence of medical error deaths is the prime driver of this market over the forecast period.
Medical specialty bags are exclusive bags used for medical requirement. With the improvement in technology, the market is expected to grow over next five years. Components driving the market are growing patient awareness, increasing number of old age (60 years and above) people and expanding demand for customer focused services/product.
The rising prevalence of chronic diseases such as cancer coupled with the increasing demand of minimally invasive procedures for the diagnosis of these diseases are the major factors driving the global ablation technology market. The ablation technology helps to execute minimally invasive procedures which entail the surgical removal of body tissues. The lower risk of infection, cost effectiveness, quick recovery and the lower risk of damage to tissues are the key factors propelling the global ablation technology market.The ablation technology helps to execute minimally invasive procedures which entail the surgical removal of body tissues.
Increasing prevalence of tooth related diseases and infection is anticipated to drive the dental equipment market. Continuous increasing population coupled with changing food habits like more consumption of chocolates, junk food, tobacco and alcohol instead of fruits and green vegetables is likely to push the market for dental equipment. Continuous innovation in technology has bought a revolutionary change in dental market owing to its cost effectiveness, simplicity and noticeable difference.
Rising focus on nanotechnology and growing government & private sector funding are the factors propelling the growth of microscopes market. Increasing demand of research and development activities particularly in area of life science and semiconductors is anticipate to drive the market for microscopes.
As per the analyses of International Osteoporosis Foundation, osteoporosis causes 8.9 million fractures annually, resulting in a fracture every 3 seconds. Rising prevalence of target disorders such as osteoporosis pain, benign prostatic obstruction (BPO) is a high impact rendering driver for the growth of radiofrequency ablation devices market. Furthermore, lower risk of infection, lower damage to surrounding tissues, shorter hospital stay, cost effectiveness of the devices, and rising demand of minimally invasive surgeries, are the major drivers for the radiofrequency ablation devices market.
Global guidewires market is expected to grow at a significant pace from 2016 to 2024 owing to rising number of diseases related to cardiovascular and neurovascular among the geriatric population.
Market research report on Breast Pumps market by Hexa Research provides a clear picture about the worldwide development of the Breast Pumps industry and recent key trends based on detailed statistical analysis. This new report provides latest market data, including market estimate and forecast by application and product on a regional basis for historic years of 2012 and 2013 with forecast up to 2020. This report is an invaluable resource for industry executives looking for key market data in readily available and clearly presented graphs and tables. Major regional markets covered in this report include North America, Europe, Asia Pacific and Rest of the world.
The gases which have direct or indirect effect on medical treatment are known as medical gases and the equipment used to facilitate or supply medical gases into human body are called as medical gas equipment. Introduction of favorable medical norm such as removal of drug user fee and duties introduced by U.S. Food and Drug Administration Safety and Innovation Act in 2012 for promoting the growth of medical gases and its supporting equipment are expected to be the major drivers of the market over the forecast period.
Sleep apnea devices market is expected to grow over the forecast period owing to the increasing prevalence cardiovascular diseases, incidence of sleep apnea and rising obesity. The other drivers include growing awareness about stroke, hypertension, Type II adult onset diabetes, and sophisticated healthcare infrastructure. These factors are expected to drive the market over the forecast period.
The rising demand for sensors in homes as well as in clinics for treatment and diagnosis purpose is the factor driving the global disposable medical sensors market. The increasing prevalence of long term and chronic diseases such as cancer and kidney disorders coupled with the increasing incidences of hospital acquired infections are also the factors propelling the global disposable medical sensors market. Disposable medical device sensors are portable or handheld scanning devices which are used for diagnosis or therapeutics of patient.
The U.S. Food and Drug Administration (FDA) have declared to provide closer overview of home healthcare equipment in the United States. The U.S. expenditure for homecare was around USD 57.6 billion in 2007, published by U.S. FDA. Growth drivers for home healthcare market are increasing base of geriatric population. People over 65 years of age attract chronic medical conditions like asthma, diabetes, chronic obstructive pulmonary disease and others which require frequent routine health monitoring and health delivery services. Insurance regulators, government standard organizations, equipment manufacturers are cumulatively focusing on development and surveillance of home healthcare equipment with respect to safety, comfort and product usability for caretakers and patients.
As per the statistics of WHO, approximately 33% of geriatric population suffer from some degree of hearing loss. The hearing aids market thus, has gone through a sharp hike owing to the expanding geriatric population base globally. Rising prevalence of hearing loss such as congenital hearing problem and nerve deafness coupled with the full or partial reimbursement for these by the governments of various countries has contributed to the spurred demand of these worldwide.
Medical robotic systems market is expected to grow over the forecast period owing to the increasing technological advancement in computerized surgical technologies such as bacteriobots or telemedicine for treating fatal cancer. The other growth drivers of this market are growing incidences of lifestyle induced diseases such as obesity & diabetes, sophisticated healthcare infrastructure, increasing population and awareness.
Healthcare 3D printing market is expected to grow over the forecast period owing to the increasing technological advancement and growing population base. Healthcare 3D printer helps in providing the digital file equipped with three dimensional views by using additive processes. Prototyping is the source from where 3D printing technology has been evolved for development of actual usable products and parts.
The increasing incidences of atrial fibrillation, strokes due to blood clots and brain damages are the major factors driving the global atrial fibrillation market. Furthermore, the rising geriatric population base globally suffering from various heart diseases is also a factor propelling the atrial fibrillation market. Some of the other drivers for the global atrial fibrillation market include the rising prevalence of diseases caused by lifestyle habits such as excessive alcohol consumption and smoking. As atrial fibrillation patients have risk of blood clot formation and occurrence of strokes, patients are also treated with anti clotting and blood thinning medications.
Apheresis equipment market is expected to grow over the forecast period owing to the increasing prevalence of hemophilia, sickle cell anemia, blood cancer and rising demand for blood products. The other growth drivers of this market are lifestyle induced diseases such as obesity & diabetes, sophisticated healthcare infrastructure, increasing geriatric population and awareness. These factors are expected to drive the market over the forecast period.
The global craniomaxillofacial devices market value is expected to exceed USD 1.71 billion by 2024 growing at an estimated CAGR of over 6.7% from 2016 to 2024.
Biopsy devices market is anticipated to witness lucrative growth over the forecast period owing to the increasing incidences of chronic diseases such as cancer, kidney diseases and other infectious diseases. Biopsy is the process of detection and removal of cancerous cells and their abnormal growth in the body. Shave biopsy, excision biopsy, skin biopsy and incision biopsy are certain types of biopsy which are used for the diagnosis of cancer.
Interventional cardiology devices are suited for procedures such as angioplasty, coronary thrombectomy and valvuloplasty. Cardiovascular disease has become the most dominant cause of mortality and morbidity in the world during the last three decades. The prevalence of cardiovascular diseases has a direct impact on the growth of the interventional cardiology devices market and therefore, growing prevalence of these diseases is expected to drive market growth during the forecast period. According to a report published by the W.H.O (World Health Organization) cardiovascular diseases will cause approximately 23.3 million deaths by 2030. Rising prevalence of unhealthy and changing lifestyle habits, such as consumption of high salt, lack of physical activities, smoking and excessive alcohol consumption is responsible for the growth of cardiovascular disease prevalence in the world.
Market research report on Bench-top Dental Autoclave market by Hexa Research provides a clear picture about the worldwide development of the Bench-top Dental Autoclave industry and recent key trends based on detailed statistical analysis. This new report provides latest market data, including market estimate and forecast by application and product on a regional basis for historic years of 2012 and 2013 with forecast up to 2020. This report is an invaluable resource for industry executives looking for key market data in readily available and clearly presented graphs and tables. Major regional markets covered in this report include North America, Europe, Asia Pacific and Rest of the world.
RFID in healthcare sector has significant applications such as record maintenance and equipment tracking. Increasing need for inventory management of medicines in medical institutions is expected to drive the RFID smart cabinets market over the forecast period.
Disorders pertaining to sleep patterns are referred to as sleep disorders. There are four major groups of sleep disorders namely problems falling and staying asleep or insomnia, exhibition of unusual behavior during sleep or sleep-disruptive disorders, problems adhering to a normal sleep schedule or sleep rhythm problem and problems staying awake or excessive daytime sleepiness. Sleep disruptive disorders are further classified into sleep tremors, sleep walking and REM (rapid eye movement) sleep behavior disorder.
Incontinence and ostomy care products market are expected to grow over the forecast period owing to the increasing geriatric population and growing healthcare infrastructure. The other drivers of this market are rising incidences of obesity, increasing prevalence of various diseases such asulcerative colitis, Crohn’s disease and inflammatory bowel disease, and technological advancement such as, continent urostomy bags and continent ileostomy bags. This market has a huge unmet need of the patient pertaining to incontinence.