The global Neurodiagnostics market is anticipated to grow with a CAGR of around 7% during the forecast period (2019-2026). The major factors driving the global market are rising geriatric population, increasing adoption of novel diagnostic technologies, increasing prevalence of neurological diseases. In addition, increasing Patient Base in developing Economies, innovative product development is acting as the key growth opportunities of the global market. Moreover, there has been increasing prevalence of neurological diseases such as Alzheimer’s disease, migraine, Parkinson’s, epilepsy, stroke, multiple sclerosis, neurodegeneration etc. which has led to increased adoption of Neurodiagnostic technologies for diagnosis and treatment of neurological diseases.
Ventilator is a healthcare device that offers life support to patients while regulating the breathing of any patient during an operation. Ventilators are deployed in the state of genuine lung ailment or in different conditions which result in inappropriate working of respiratory framework. Ventilators help the patient to inhale effectively. Global ventilators market to grow at CAGR 7.90% during the forecast period 2019-2026. Factors such as growing occurrence of preterm births, are driving neonatal ventilators market across the globe.
A dental barrier membrane is a device employed in periodontal surgery and oral surgery to avoid epithelium, that restores relatively quickly, from rising into an area in which another, slowly rising tissue type, for instance bone, is desired. The global dental barrier membrane market is anticipated to grow with a CAGR of around 9% during the forecast period (2019-2026). The major driving factor of the market are growing incidences of dental caries & other periodontal diseases and upsurge in geriatric population.
Surgical mesh is a woven sheet that is employed as either a temporary or permanent provision for organs and other tissues throughout surgery. Surgical mesh is formed from both biological and inorganic materials and is deployed in a variety of surgeries. Surgical mesh has been employed for urogynaecology procedures, comprises of repair of stress urinary incontinence (SUI) and pelvic organ prolapse (POP). The three major surgical procedures performed to treat pelvic floor disorders with surgical mesh comprises with transabdominal mesh to treat POP, and Mesh sling to treat SUI and transvaginal mesh to treat POP.
A vaporizer is a device employed to release the therapeutic compounds or to release the active ingredients of plant material commonly cannabis. Vaporizing, as it spread over to medical marijuana, is the procedure of heating dried cannabis to a temperature just below its combustion point of around 392°F. The marijuana vaporizer market is anticipated to grow with a CAGR of 6% during the forecast period (2019-2026). The major driving factor of the market are legalization of marijuana in several countries and high demand for both recreational and medical purposes. For example, countries activate to liberalize laws associated to this drug, the market is anticipated to observe an upsurge in demand. Majority of the cannabis is sold through unlawful channels.
The global reprocessed medical devices market has beenprojected to grow at the CAGR of 20.3% market during 2016-2022. In 2014, the markethas generated the revenue of $1.14 billion and now it has been expected to reach up to $5 billion in terms of revenue by 2022.The significant pressure on hospitals and other healthcare settings to work under a limited budget and the long-term cost effectiveness associated with recovering are the important drivers of the overall industry.
The global intrapartum monitors market has been expected to grow at the CAGR of 8.1 % during 2016-2022 and also it has been expected to reach $9400 million in terms of revenuetill 2022.Fetal monitors or intrapartum monitors are used during pregnancy, labor and delivery to record the heart rate of the fetus along with duration and strength of uterus contractions. Furthermore fetal monitoring is use to identify certain conditions such as cerebral plasy, fetal, hypoxic ischemic encephalopathy or death. External and internal monitoring can be performed to record the heartbeat of the baby.
The global multi-infarct dementia market has been expected to grow at the CAGR of 12.7 % during 2016-2022 and it has been expected to reach $13400 million in terms of revenue by 2022.Growing prevalence of blockage and strokes in brain nerves is predictable to be major factor boosting the global multi infarct dementia market.The multi infarct dementia is a series of minor brain strokes which acts as a disruption in the flow of blood in the brain. It is also termed as vascular dementia (VaD).
The global hemostasis analyzers marketis expected to grow with a robust CAGR of 9.7 % during 2016-2022, and is estimated to have a market value of around $4,500 million by 2022.Increasing incidences of blood clotting diagnosis for patients mainly who are more prone to lose excess blood from body during surgeries is anticipated to drive the market growth for global hemostasis analyzer or coagulation testing market over the forecast period. Hemostasis analyzers are instruments supporting the medical practitioners for treating patients with blood clotting or bleeding disorder.
The global angiography devices market was valued at US$ 9,496.6 Mn in 2017 and expected to grow at compound annual growth rate (CAGR) of 5.7% during the forecast period from 2018 to 2026. Angiography devices market are poised to grow during the forecast period owing to rapid technological development in the angiography systems in the recent years with better diagnostic and therapeutic capabilities. For instance, the newer generation angiography systems offered by technology giants such as Siemens, Philips Healthcare, GE Healthcare, Canon and Shimadzu offer lower magnitude of X-ray, while maintaining image quality.
The global coronary artery bypass graft devices market is expected to grow at the CAGR of 6.4 % during 2016-2022. Coronary artery bypass graft (CABG) is the most common type of heart surgery that is performed to treat people suffering from severe coronary artery and angina heart disease. In coronary heart disease, plaque is formed inside the coronary artery that transmits oxygenated blood to myocardium. As the plaque gets harder over the time, which subsequently narrows down the artery causing reduced blood flow to heart leading to chest pain called angina.
The growing number of cases of chronic disordersand organ failures such as- liver, pancreas, lungs, kidney, and heart that requires the organs to be relocated, and a need of the organ transplantation is driving the global transplant diagnostic market. The advancements in technology are also driving the transplant diagnostic market. As the continuous innovations and technological advancements in HLA typing is helping the transplant diagnostic market to grow at rapid rate, and it is one of the key driver of the global transplant diagnostic market.
The global patient handling equipment market is increasing significantly, was valued at US$ 10,600.1 Mn in 2017 and expected to reach US$ 24,364.3 Mn by 2026. Increasing emergency procedures, trauma, growing commonness of disabilities, injuries among the elderly, and faster patient transportation with higher safety along with the growing adoption of branded equipment drives the overall patient handling equipment market growth. New technological evolution in the transfer and lifting equipment would also drive the overall market.
The global medical imaging analysis software market was estimated to grow around $2143.7 million in 2015 and it is forecasted to reach around $3687.55 million at a CAGR of 8.45% during 2015-2022. The major factor driving theglobal medical imaging analysis software market is the rising number of chronic diseases in all over the world like cancer, cardiovascular diseases etc.
The global medical animation market is expected to grow at the CAGR of 22.9 % during 2015-2022 and is expected to reach $311.7 million till 2022. Medical animation is an educational video developed using 3D motion graphics to demonstrate and explain the mechanism of action of a biomedical technology, medical device, biological process or pharmaceutical drug. These animations are used in the pharmaceutical and medical sector for demonstration, analysis and comparative evaluation of treatment and for educational purposes etc. The medical animation market is set to undergo a rapid growth in the upcoming decade.
The global portable medical electronic products market was around $54.2 billion in 2015 and is forecasted to reach around $68.7 billion growing at a CAGR of 4.2% during 2015-2022. The major factors that drive this global portable medical electronic products market is rising number of various diseases like cancer, diabetes, blood pressure etc. in emerging economies such as India and China which helps in boosting the growth of this portable medical electronics equipment market in next 6 to 7 years.
The global nerve monitoring market is expected to grow around $2.1 billion till 2022 with the CAGR of 9.2% during forecasted period of 2015-2022, the key factor that are thrusting up the market is rise in ageing population. As the population of aged people increases, simultaneously the demand is also increasing for for advanced healthcare equipment’s. According to WHO more than 37% of elder and aged peoples are suffering from chronic diseases which requires special attention.
The global theranostics market is expected to grow at an impressive CAGR during 2015-2022.The drivers which are growing the market are clinical features by the pharmaceutical companies, cost reduction, confined use of diagnostic experiments. The major factors driving the market is coordination between drug and diagnostics companies. For Example Amsterdam Castle and NyIncare are uplifting the research in theranostics devices and it is anticipated to further drive the growth of the theranostics market.
The global artificial ventilation and anesthesia mask marketis expected to grow at the CAGR of 4.8% during 2015-2022. The major factors that are driving theglobalartificial ventilation and anesthesia mask market are the raising number of operation and emergency room procedures, increasing geriatric population and growing prevalence of sleep apnea. As far as region is concerned, North America dominated the overall market with a share of more than 50%in 2014.
The global market of optical test equipment is expected to reach $951.2 million in 2022 from $730million in 2015, reflecting a CAGR of 5.11%. APAC is the largest market for fiber test equipment in terms of value and is expected to register growth at the highest CAGR of 6.05%. Telecommunication and broadband market individually is expected to give return on CAGR as 3.73% for the period of 2015-2022.
The medical devices industry produces a range of products. Technological advances in medical devices have facilitated often life‐saving earlier detection of diseases and have increased the effectiveness of treatments. Nanotechnologies and minimally invasive surgical techniques have achieved dramatic advances. s. Connectivity, smart devices and Internet of Things are taking the medical devices market to the next level. Innovations in the industry as well global aging of the populations are drivers in the industry. Emerging marketing is the largest growth opportunities for medium and large medical devices companies. . Our reports help identify key industry statistics and trends. Brisk Insights focuses on important performance geographies and competitive analysis.