The North America cystoscopes market is expected to attain US$ 207.2 Mn in 2026. Video cystoscopes market was identified as the largest and fastest growing market during the forecast period from 2018 to 2026. The supremacy is accounted to its offered benefits of enhanced diagnostic and treatment procedures.
The global neurovascular guidewires market is growing expressively, was valued at US$ 265.4 Mn in 2017 and expected to reach US$ 394.4 Mn by 2026. Rising cardiovascular disorders along with demand for minimally invasive procedures, will drive the overall neurovascular guidewires market growth globally. Evolution in guidewire technology along with rising acceptance for wrapped guidewires would also drive the overall market during the forecast period.
The global neurovascular devices market is growing expressively, was valued at US$ 1,863.0 Mn in 2017 and expected to reach US$ 3,257.1 Mn by 2026. Increasing demand for minimally invasive procedures, growing commonness of neurovascular disorders and stroke, rapid new product development and commercialization drive the overall neurovascular devices market growth.
The global neurosurgery devices market held US$ 12,454.2 Mn in 2017 and expected to grow at compound annual growth rate (CAGR) of 8.2% during the forecast period from 2018 to 2026. The market is set to grow during the forecast period owing to influx of novel neurosurgical devices and growing inclination towards minimally invasive surgeries. Moreover, growing incidences of spinal disorders, traumatic injuries and endovascular surgeries are few of the major factors for the growth of the market.
Failure to restore normal sinus rhythm of the heart results in abnormal or ectopic heartbeat, often referred as cardiac arrhythmia. The arrhythmia is initiated by three discernable etiologies such as re-entry, automaticity and triggered. Automaticity occurs due to alterations in the ion exchange at cellular level. Re-entry occurs when the propagating electric impulse does not fade away and re-excites the heart even after the refractory period is over. Triggered events rarely occur from abnormalities encountered in the heart muscles ion exchange. Pacemakers are used in patients to maintain the normal heartbeat in patients suffering with cardiac arrhythmias.
Operating room equipment market accounted for a market value of US$ 28,917.6 Mn in 2017 and projected to grow at a CAGR of 5.9% during the forecast period from 2018 to 2026. Operating rooms equipment have evolved drastically over the years and it’s the result of constant innovation in the technology of medical devices and changing requirements of medical practitioners performing various types of surgical procedures.
Hearing Disability is considered if the hearing loss is more than 40 dB in adults and 30dB in children from age group 0-14 years. According to the World Health Organization 2015 report the number of people suffering with hearing loss globally are 360 million which represents 5.3% of the world’s population. Low frequency sounds are sensed near the apex of cochlea and high frequency sounds near the base.
Credence Research Inc. estimated the overall hernia repair devices market in 2016 to be US$ 2.08 Bn across the globe. In the recent years, following for tension-free hernia repair surgery is observed because the procedure minimizes recovery time, reduces post-operative complications and minimizes the risk of hernia recurrence. The global hernia repair devices market will grow during forecast period due to increasing number of target population, wide availability of technologically advanced hernia repair devices and growing treatment awareness among the general population.
The global hyperbaric oxygen therapy (HBOT) devices market is anticipated to reach US$ 267.9 Mn by 2024. Increasing preference of physicians to use oxygen therapy has been greatly contributing to the market growth of HBOT devices. HBOT devices have received FDA approval for treatment of necrotizing soft tissue infection, injuries, burns, decompression sickness and others. Off-label use of HBOT devices encompasses treatment of brain injuries and even cancer, despite lack of robust clinical evidence.
Hypodermic needle is hollow tube with sharp tip commonly used with syringe to inject substance into body or to extract fluid from body. Hypodermic needles are generally used for rapid delivery of liquid, depending on the safety feature associated with hypodermic needles, further classified as safety and non-safety needles.
Wound debridement is a medical procedure to remove non-viable tissue mass from the wound surface to promote the natural healing process. Wound debridement is done by using many techniques such as larval therapy, hydro-surgery, enzymatic and autolytic methods. Although wound debridement is a traditional technique, there is addition of new innovative techniques in the market.
Wireless brain sensors are devices that help detecting the intracranial pressure, monitor the temperature and record brain signaling in the form of brain waves. The devices are predominantly used for patients experiencing conditions such as traumatic brain injury, sleep disorders, Parkinson’s disease, dementia and other neurological conditions.
Respiratory inhalers are used to administer an extensive range of medications such as beta-agonists, anticholinergic, corticosteroids and certain antibiotics. Respiratory inhalers are used to provide relief of symptoms in various respiratory conditions such as asthma, chronic obstructive pulmonary disorder (COPD), pulmonary arterial hypertension, bronchitis and cystic fibrosis.
The handheld retinal scanners market is set to reach from US$ 790.3 Mn in 2017 to US$ 3,216.3 Mn by 2026 representing outstanding growth at a compounded annual growth rate (CAGR) of 17.3% during the forecast period from 2018 to 2026. The human eye retina has a very unique and intricate pattern of blood vessel which remain stable throughout the lifespan of a human being. Retinal scan is therefore a highly robust technology, and due to its accuracy & precision is used in person identification and authentication.
A large range of hand hygiene monitoring systems are being made available in the market to help healthcare facilities and associated locations to reduce the risk of healthcare associated infections. These monitoring systems are designed to examine healthcare environment, educate and remind personnel of hand washing events and provide relevant data to drive accurate and precise compliance. While the market penetration of hand hygiene compliance monitoring systems is relatively low than the hand hygiene products, more and more healthcare providers are showing interest in adopting these systems.
Major companies engaged in healthcare market have understood a new paradigm to be in healthcare for women. Healthcare for women in itself presents a separate market with different needs, attitudes and preferences as against healthcare for men. Healthcare marketers understand that women are indispensable customers in the healthcare industry for reasons such as that they account for over 50% of all physician visits, and they are the primary decision makers in healthcare.
Wounds inflicted due to gunshots are very painful and life-threatening if not given immediate medical attention. Hemorrhage or profuse blood loss is the chief cause of mortality seen in military warfare. Rapid and effective management of hemorrhage results in a lifesaving endeavor. Currently there is a rise in the number of criminal violence and accidents occurring which leads to mass killing and traumatic injury which propels the gunshot wounds injury treatment products market growth.
The World Health Organization in its 2015 research survey has stated that in the last decade due to needle stick injury approximately 2 million healthcare professionals experienced percutaneous exposure to infectious diseases such as Hepatitis B and C virus, and HIV.
The global portable oxygen concentrators market was valued at US$ 914.2 Mn in 2017 and expected to reach US$ 2,101.3 Mn by 2026. Increasing prevalence for respiratory diseases, COPD, asthma along with growing elderly population and commercialization of new medical devices drive the portable oxygen concentrators market. Evolution from traditional cylinders to lightweight table top medical devices have also brought significant changes in the prevailing market trends.
Peripheral nerve injury is one of the common condition arising from trauma, accidents, or neuronal disease needing surgical treatment interventions depending upon the severity of the condition. Primarily peripheral nerve gets repaired on its own, however surgical interventions are employed for improved outcomes and faster functional recovery. According to the statistics mentioned by the leading player of nerve repair market AxoGen, Inc., in the year 2014, around 1.4 million Americans experienced nerve injury and 0.9 million people required surgical intervention.
The medical devices industry produces a range of products. Technological advances in medical devices have facilitated often lifeāsaving 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.