The global atrial fibrillation devices market accounted for market value of US$ 4,884.9 Mn in 2017 and expected to attain US$ 17,867.3 Mn by 2026. Worldwide growing geriatric population coupled with rising prevalence of obesity and hypertension are anticipated to nurture the market growth over the forecast period.
The asthma spacers market is set to reach from US$ 1,311.1 Mn in 2017 to US$ 1,824.4 Mn by 2026 at a compound annual growth rate (CAGR) of 3.8% during the forecast period from 2018 to 2026. As per the latest research citings of World Health Organization (WHO), approximately 235 million people worldwide are suffering with asthma and by 2025 an additional increase of 100 million is expected. Asthma spacers are beneficial in mitigating dosing discrepancies associated with inhalers and nebulizers.
Anti-aging devices market accounted for a market value of US$ 20,379.3 Mn in 2017 and projected to grow at a CAGR of 8.6% during the forecast period from 2018 to 2026. Anti-aging devices industry is changing gradually mainly assisted by increasing public awareness through promotional media and product accessibility through online sales channel.
The global ambulance stretchers market accounted for market value of US$ 208.5 Mn in 2017 and is projected to reach US$ 262.4 Mn by 2026 end. An ambulance stretcher is a medical transport device used in the extensive care of a seriously injured patient.
Adhesive bandages market accounted for a market value of US$ 1,895.0 Mn in 2017 and projected to grow at a CAGR of 4.8% during the forecast period from 2018 to 2026. The key factors responsible for growth of adhesive bandages globally is the rising awareness related to the acute wound protection in developing countries, and increasing awareness programmes for diabetes patients to treat acute wound efficiently with adhesive bandages.
Brain health supplement is used to bolster brain function by to enhancing memory, attention, mood, creativity, motivation in healthy individuals. The brain health supplement market is predicted to surge with rise in aging population and to combat neurological disorder.
A plasticizer is a substance, which added to a material usually a plastic, resin or elastomer, to improve its processability, flexibility and stretchability. Plasticizers is a versatile product providing unique contributions in widely varying applications. Plasticizer can decrease melt viscosity, glass transition temperature and elasticity without changing the basic properties of plasticized material.
The global veterinary equipment and disposables market is growing productively, was valued at US$ 1,318.4 Mn in 2018 and expected to reach US$ 2,374.4 Mn by 2027. Increasing utilization of electric and manual tools for diagnosis & testing, surgical cases, injuries, reproduction and for ultrasound procedures or blood and fertility tests will drive the overall market growth. High-tech evolution in the diagnostic industry would drive market growth.
The global varicose veins treatment devices market is increasing proficiently, expected to grow at a CAGR of 6.5%. Worldwide, the increasing burden of varicose veins along with improved therapeutic treatment options will drive the market growth. Around 40 million people in the U.S. suffer from varicose veins. Growing awareness about new sclerotherapy procedures, laser technology, and minimally invasive procedures to overcome the limitations by traditional procedures will increase the demand for advanced devices.
The global vagus nerve stimulator market is growing competently, expected to grow at a CAGR of 7.4%. Globally, increasing open and minimally invasive neurological surgeries along with VNS therapies has significantly increased the revenue of vagus nerve stimulator devices. Increasing population globally, costs of medical expenditure for stroke and dementia, burden of dyskinesia and neurological tremors and new technology expansion will enhance the growth of the global vagus nerve stimulator market.
Globally, the ultrasonic pulse velocity tester market is expected to grow with a CAGR of 5.9% during the forecast period from 2019 to 2027, starting from US$ 510.0 Mn in 2018. The ultrasonic velocity test is the augmented testing technology that used to check the strength and quality of concrete. The ultrasonic velocity testers used to transmit ultrasonic pulses through the rock and measure its velocity to define the structure or rock construction.
The global surgical stapler market is increasing proficiently, expected to grow at a CAGR of 6.8%. Globally, the increasing usage of staples over traditional sutures will enhance the overall growth of the market. Rising surgical procedures along with minimally invasive procedures will drive the market growth. Globally, increasing technological assessment in the product segment (mainly reusable staples), usage in endoscopic procedures and other applications such as gynecology, wound care, thoracic, gastrointestinal procedures are major factors driving the overall growth of the surgical staplers market.
The global surgical navigation systems market is developing at a healthier CAGR, was valued at US$ 732.0 Mn in 2018 and expected to reach US$ 1,166.6 Mn by 2027. Increasing ageing population along with minimally invasive surgical procedures, growing prevalence of chronic diseases and stroke, and rapid new technology assessment drives the overall surgical navigation systems market growth.
The structural health monitoring market worldwide is expected to grow with a CAGR of 19.0% during the forecast period from 2019 to 2027, starting from US$ 1.70 Bn in 2018. Extensive accessibility of low-cost sensors, growing infrastructural development across the globe shall drive the structural health monitoring market. A structural health monitoring is an essential equipment for engineers and help them to maintain various civil arrangements and improve safety. Further, changing government regulations towards the compulsory implementation of SHM systems shall drive the growth of structural health monitoring market.
The global skincare diagnostic & treatment devices market is increasing competently, projected to grow at a CAGR of 10.2%. Worldwide, growing skin diagnostic procedures along with minimally invasive treatment have significantly increased devices. Innovative product launches in the skincare industry, a high pool of individuals with numerous skin conditions and demand for skin rejuvenation are factors driving the overall growth of the skincare diagnostic & treatment devices market globally.
The remote diagnostic market worldwide is expected to grow with a CAGR of 16.5% during the forecast period from 2019 to 2027, starting from US$ 14.0 Bn in 2018. The increase in sales of hybrid and electric vehicles shall primarily drive the remote diagnostic market. Remote diagnostic refer to the act of analyzing a certain symptom, issue or problem from a distance. The amalgamation of IoT and telematics technology shall contribute to the growth of the remote diagnostic market.
The pediatric catheters market is set to reach from US$ 4,663.8 Mn in 2018 to US$ 10,112.5 Mn by 2027 representing stable growth at a compounded annual growth rate (CAGR) of 9.0% during the forecast period from 2019 to 2027. Rising incidence of infectious and congenital diseases in children pertaining to cardiovascular, urology, neurovascular etc. has resulted in early surgical intervention to curb the mortality rate in children.
Globally, the pallet stretch wrapping machines market is expected to grow with a CAGR of 5.4% during the forecast period from 2019 to 2027, and was recorded to have a market value of US$365.0 Mn in 2018. Pallet stretch wrapping machines are used for wrapping goods with the pallet. The goods are placed upon the pallet and are wrapped together, which increases the safety of the goods while shipping. Additionally, the pallet provides a support to the products and the items, which reduces the safety issues while transporting the material.
The global osseointegration implants market is growing proficiently, expected to grow at a CAGR of 7.0%. Osseointegration implants are essentially used for bone anchorage purposes as they remain constant and stable under orthodontic loading. Globally, increasing prevalence for bone related diseases, dental disorders, spinal related issues among the geriatric population, and increasing limb amputation or hip & knee surgical procedures will drive the overall market growth. Increasing awareness about new implant technology along with the launch of advanced biomaterials and metal alloys with integrated biological solutions are key factors driving the growth of osseointegration implants market on a global scale.
Wound closure products are utilized in all surgical procedures wherein it is used for fusing the tissue ends together. The type of wound closure products determines the healing time and risk for infection. Products which are patients specific, cost efficient, have lesser recovery time and is less painful is are more likely to exhibit a favorable potential in this market. The traditional methods of using sutures may have a lesser demand in the forecast period owing to its painful effect, longer recovery time and high risk of acquiring infections, but are still used as it’s less expensive.
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.