Medical Devices Industry News

 The prevalence of obstructive sleep apnea (OSA) has risen considerably over the past few years. OSA is a serious sleep disorder and causes the breathing to stop and start during sleep. This disease is a type of sleep apnea and occurs when muscles of the throat relax intermittently and block the airway while sleeping. Some of the major symptoms of OSA include, loud snoring, excessive daytime sleepiness, abrupt awakenings accompanied by choking or gasping, morning headache, and observed episodes of stopped breathing during sleep. Attributed to this growing prevalence of OSA, the need for sleep apnea devices is growing rapidly.   Receive Sample Copy of this Report: https://www.psmarketresearch.com/market-analysis/sleep-apnea-devices-market/report-sample As per a report by P&S Intelligence, the global sleep apnea devices market is predicted to attain a value of $6.8 billion by 2023, rising from $4.4 billion in 2017, and is expected to advance at a 7.7% CAGR during the fo...

The  Hong Kong wound care market  held an estimated value of $44.6 million in 2019, which is projected to reach $58.4 million by 2024, progressing at a CAGR of 5.6% during the forecast period (2019–2024). Based on type of advanced wound dressings, the foam category held the largest market share, of 29.3%, in 2019, mainly on account of the fact that wound management with foams reduces the need to change the dressings frequently. Whereas, the Hong Kong wound care market is expected to witness faster growth in the chronic wounds category under the application segment during the forecast period. This can be attributed to the high incidence of chronic wounds, such as diabetic foot ulcer (DFU), venous leg ulcer (VLU), and pressure ulcer. Request to Get Free Sample Pages at:  Surging geriatric population in Hong Kong is playing a pivotal role in the growth of the wound care market in the region. This is due to the fact that elderly people are more prone to developing...

The global flexible and semi-rigid ureteroscopy market is expected to witness considerable growth during the forecast period, due to swelling prevalence of kidney stone-related disorders, globally. Moreover, technological advancements taking place in flexible and semi-rigid ureteroscopes for the treatment of urolithiasis are also boosting the growth of the market. In terms of product, the flexible and semi-rigid ureteroscopy market is bifurcated into flexible and semi-rigid ureteroscopes, where flexible ureteroscopes are expected to account for larger share in the coming years. This is due to the fact that flexible ureteroscopes have higher flexibility to tract and treat kidney stones in comparison to semi-rigid ureteroscopes. The flexible ureteroscopes market is further categorized into fiber-optic and digital ureteroscopes. Among these, digital ureteroscopes are expected to account for larger market share during the forecast period, owing to their higher efficacy and better i...

The global ureteral stents market is projected to grow at a steady pace during the forecast period, owing to the rising cases of kidney transplants, increasing incidence of urological diseases, and growing geriatric population. On the basis of product, the market is categorized into open-end, closed-end, double-pigtail, multiloop, and other stents. Among these, double-pigtail stents are estimated to hold the largest share in the market in 2017. The market for multiloop stents, however, is predicted to undergo to grow at the highest rate because of the increase in the prevalence of urological disorders, rise in geriatric population, and technological advancements in multiloop stents leading to reduced complications. On the basis of end user, the ureteral stents market is categorized into hospitals, clinics, and ASCs. During the forecast period, ASCs are expected to lead the market, in terms of both size and growth. During the historical period, North America held the largest sha...

The growing incidence of healthcare-associated infections (HAI), rapid outsourcing of sterilization technology operations, and surging aging population are some of the key factors behind the growth of the sterilization technology market . In 2016, the market attained a size of $4.1 billion, and it is expected to generate a revenue of $7.5 billion by 2023, progressing at a CAGR of 9.0% during the forecast period (2017–2023). Sterilization technology includes the cleaning, preparing, storage, and processing of equipment and devices in pharmaceutical & biotechnology companies, hospitals, ambulatory surgical centers & clinics, and academic & research organizations. Healthcare centers in Europe and North America are rapidly outsourcing the functioning of sterilization technology departments (SPD) to ensure better compliance to infection control standards, which is further generating opportunities for third-party service providers. Surgical centers and hospitals outsourc...

The growing demand for low-cost medical equipment and rising prevalence of healthcare-associated infections (HAIs) are the major factors positively influencing the growth of the disposable medical sensors market. Moreover, the increasing incidence of diabetes and cardiovascular diseases is also contributing to the market growth, as the demand for monitoring devices is witnessing an increase. In 2016, the market valued at $4.5 billion and it is projected to advance at a 10.4% CAGR during the forecast period (2018–2023). The disposable medical sensors market is witnessing a trend of home healthcare services due to the rising healthcare costs and incidence of hospital-acquired infections. Technological advancements have played a major role in improving the diagnostics field by giving rise to its subset, point-of-care diagnosis. Portable devices for home healthcare use sensors for the detection of specified parameters and offer immediate results. The key manufacturing companies are...