Medical Devices Industry News

The increasing number of magnetic resonance imaging (MRI) exams being done in several countries is pushing up the demand for MRI compatible patient monitoring systems across the world. As per the Commonwealth Fund’s Annual International Profiles of Health Care Systems, France, the U.S., and Germany were the three biggest countries that observed the highest number of MRI tests per 1,000 people in 2014. The U.S., France, and Germany witnessed 109.5, 95.5, and 114.3 MRI tests respectively in that year. Browse full report with Table of Content - MRI Compatible Patient Monitoring System Market Apart from the aforementioned factor, extensive research and development (R&D) activities being conducted in MRI compatible patient monitoring systems in various countries and frequent product launches are also fueling the advancement of the industry across the globe. Additionally, the increasing public awareness about healthcare and advanced medical technologies and the soaring implementation of ...

Across the globe, the population of the elderly is increasing at a high rate. The United Nations, in its latest World Population Ageing report, estimated that 703 million people on earth were more than 65 years old in 2019, and that their population will touch 1.5 billion by 2050.  Single-positron emission computed tomography (SPECT), hybrid positron emission tomography (PET), and planar scintigraphy are the various nuclear imaging techniques. Among these, the highest demand in the past has been for SPECT scanners, as they are widely used to asses the severity of brain injury, where CT and magnetic resonance imaging (MRI) have certain limitations, especially in detecting the flow of blood in the veins and arteries. In the coming years, hybrid PET systems are expected to witness the most rapidly increasing demand. Across the world, North America has been the largest user of nuclear imaging, as it accounts for extremely high cancer and cardiovascular disease rates. As such t...

Wounds, in which the epidermis is torn apart and the deeper layers of the dermis are exposed, are one of the most-easily recognizable signs of a physical injury. Wounds can range from a simple skin abrasion to those that end up exposing the bone! Apart from injuries, wounds can be a result of surgeries and also certain diseases. The severe wounds, if not closed off in time, can lead to excessive blood loss and, ultimately, death. Therefore, due to the increasing awareness about the dangers of unhealed wounds, P&S Intelligence says that the wound care biologics market will grow from $1.4 billion in 2018 to $2.0 billion by 2024, at a 7.0% CAGR during 2019–2024. With advancements in the healthcare sector, traditional wound care products, such as gauze, are being replaced with biologics, which are agents synthesized from living organisms. Growth factors, skin substitutes, and an array of cell-based, collagen-based, and enzyme-based biologics are now available for wound care. Among thes...

People across the globe are becoming increasingly conscious regarding their physical appearance, attributed to which the number of aesthetic surgical procedures has growing significantly in the past few years. According to the International Society of Aesthetic Plastic Surgery, 1,862,506 breast augmentation procedures were performed across the globe. In addition to this, as per the American Society of Plastic Surgeons, 17.7 million cosmetic procedures were performed in the U.S. in 2018, which was a growth of 2% from 2017. This growing number of aesthetic surgical procedures is creating increasing demand for medical lasers, as they are widely used during the surgical procedures.  Request to Get the Sample Pages at: https://www.psmarketresearch.com/market-analysis/medical-lasers-market/report-sample Attributed to these factors, the medical lasers market is predicted to advance at a significant pace in the coming years. Different types of medical lasers are gas laser systems, solid-s...

In the past few years, the demand for point-of-care testing (POCT) has risen considerably, which is further creating need for portable and integrated devices. A POCT is a test which can be performed at or near the site of patient whenever the medical care is required. The technique has become an indicator of in vitro diagnosis, which is ascribed to its rapid, simple, low cost, and portable nature. The patient can be provided with result immediately outside of a laboratory, which is why POCT is also being widely utilized in hospitals as well. POCT further aids in improving patient care through remote patient care monitoring.  Receive Sample Copy of this Report: https://www.psmarketresearch.com/market-analysis/biosensors-market/report-sample Different biosensor technologies are piezoelectric, electrochemical, optical, and thermal. Out of these, the demand for electrochemical and optical biosensors is predicted to increase substantially in the coming years. Some of the major end users...

 The prevalence of chronic diseases, such as diabetes, cancer, cardiovascular diseases, and hypertension, has been on a rise since the past few years. As stated by the International Diabetes Federation Atlas 9th edition, 352 million people in the age group 20–64 were suffering from diabetes in 2019, and the number is predicted to increase to 486 million by 2045. Similarly, 9.6 million died because of cancer in 2018, as per the WHO.   Receive Sample Copy of this Report: https://www.psmarketresearch.com/send-enquiry?enquiry-url=in-vitro-diagnostic-market As per the WHO, 118.4 million units of blood were collected in 2018 through donations, across the globe. It was furthermore reported that 13,300 blood centers were present in 169 countries, and approximately 106 million blood donations were recorded. This is projected to drive the demand for IVD in the coming years. Different technologies that are used in IVD are immunochemistry, clinical chemistry, molecular diagnostics, m...

Heart diseases kill 17.9 million people each year, according to the World Health Organization (WHO), and this is just an estimate; the actual number might be a lot higher. The Centers for Disease Control and Prevention (CDC) presents a similarly grim picture, saying that in the U.S., one person dies of a cardiovascular issues every 37 seconds. Still, all those who suffer from such issues don’t die immediately, if the condition is diagnosed and treated early. For this, the doctor needs to know what is going on in the heart and blood vessels, for which they require vascular imaging systems. Receive a Sample Copy of this Report:  https://www.psmarketresearch.com/market-analysis/vascular-imaging-systems-market/report-sample Thus, with the rising prevalence of heart diseases, the vascular imaging systems market is also expected to witness robust growth in the coming years. X-ray, computed tomography (CT), magnetic resonance imaging (MRI), ultrasound, and nuclear imaging, which inc...

The awareness regarding surgical care programs is increasing all over the globe. Attributed to this, the demand for pulse and regional oximeters is growing worldwide, including the U.S. The World Health Organization (WHO), has included these medical devices in a number of projects to increase awareness regarding their utilization. Receive Sample Copy of this Report: https://www.psmarketresearch.com/market-analysis/us-pulse-and-regional-oximeters-market/report-sample The device sends two light wavelengths through the finger for measuring pulse rate and the amount of oxygen that is in the system. Regional oximeters aid physicians in monitoring cerebral oxygenation in cases where pulse oximeters are not fully indicative of amount of oxygen that is reaching the brain. As per a report by P&S Intelligence, the U.S. pulse and regional oximeters market is expected to attain a value of $1,101.4 million by 2024, increasing from $687.3 million in 2018, and is predicted to register an 8.2% ...

From $87.6 million in 2018, the Middle East & Africa (MEA) energy-based aesthetic devices market is predicted to garner $129.4 million revenue by 2024, registering a CAGR of 6.9% during the forecast period (2019–2024). The drivers of the market are the surging geriatric population, growing awareness regarding the safety and usage of energy-based aesthetic devices, and the shift toward non-surgical minimally invasive aesthetic treatments.   These devices are based on different sources of energy, such as electromagnetic, laser, and plasma energy. Based on technology, the MEA energy-based aesthetic devices market is classified into plasma energy, suction, cryolipolysis, ultrasound, electromagnetic energy, light, and laser-based. The classification of laser-based technology held the largest share in the market in 2018, and it is expected to register a CAGR of 7.1% during the forecast period. This can be attributed to the wide application of this technology in fat reduct...

The growing popularity of minimally invasive surgeries (MIS), geriatric population, and incidence of neurological, orthopedic, and ear, nose, and throat (ENT) disorders are driving the usage of surgical navigation systems. From $770.8 million in 2018, the surgical navigation system market is expected to progress at a CAGR of 7.3% during 2019–2024 (forecast period), to reach $1,167.6 million in 2024. Such systems help surgeons during operational procedures, by displaying the internal anatomy of patients, via cameras or radio imaging techniques, on monitors. Request to Get Free Sample Pages at:  https://www.psmarketresearch.com/market-analysis/surgical-navigation-system-market/report-sample   Based on application, the market is categorized into neuro, orthopedic, ENT, cardiac, and others. Among these, the neuro category led the market in 2018, and it is predicted to grow with the highest CAGR, of 7.6%, during the forecast period. This is attributed to the increasin...

The hospital bed market size in North America was $1.5 billion in 2015 and is forecasted to grow at a CAGR of 4.9% during 2016-2022. Among the various types of beds available in the market such as birthing, bariatric, pediatric, pressure relief and other hospital bed, general beds contributed the maximum revenue, standing at $584.6 million in 2015, to the hospital bed industry in the region. Patients are also allocated beds in the hospital depending upon their class of treatment such as acute care, critical care or long term. Due to growing market for hospital beds the companies in the region are investing in developing new and innovative beds for better patient care. For instance, in May 2017, LINET Americas launched their new birthing bed, AVE 2, which is intended to provide comfort and efficiency during every stage of child birth.  Request to Get the Sample Pages at: The bed provides various features such as a unique telescopic column construction of the bed ma...

The global needle-free injection systems market will experience extensive growth in the coming years due to the rising demand for self-injection devices and emerging biological therapies. The vendors of these systems offer fillable and prefilled needle-free injectors in the market, of which prefilled needle-free injectors constitute the larger share. The increasing demand for low-cost self-injection devices by patients and healthcare providers and rising focus on compliance with needle safety regulations to avoid needlestick injuries are some of the factors that have led to an increase in the use of prefilled needle-free injectors. Needle-free injection systems are generally penetrated via intramuscular, subcutaneous, and intradermal routes. These injectors find their application in oncology, insulin delivery, vaccine delivery, pain management, and others. Needle-free injectors finds largest application in vaccine delivery, mainly because of the increasing prevalence of chronic...

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...

Europe hospital bed market achieved a value of $1.6 billion in the year 2015 and is forecasted to grow at a CAGR of 4.3% during 2016-2022. Depending upon the usage, there are variety of hospital beds that are available in the regional market such as general, birthing, pediatric, bariatric, pressure relief and others. Amongst the various types, general beds held the largest share of Europe hospital bed market, and is expected to attain a value of $854.4 million by 2022, growing at a CAGR of 4.8%. The category is also expected to witness the fastest growth during the forecast period, since general beds are used for all types of patients. The hospital bed market in the region has been growing due to several factors such as increasing healthcare expenditure, growing aging population, increasing prevalence of chronic diseases and ongoing technological advancements. The hospital beds are also segmented on the basis of treatment provided to the patients such as acute care, critical ca...

The global fracture fixation products market is growing significantly due to increasing incidence of fractures associated with osteoporosis and osteoarthritis, increasing government funding and grants, and technological advancement in the fixation products in the industry. Increasing demand for better healthcare facilities in fractures and increasing research related activities and conferences are also supporting the growth of the market. Massive unexplored market in fracture fixation products industry of developing economies are creating ample opportunities for the fracture fixation products market to grow at a considerable rate in the forecasted period. Moreover, the advanced research and development facilities, and new and innovative product developments by the companies are also propelling the growth of the fracture fixation products industry. Fracture fixation products are used to restore skeletal movement to its optimal function, to reduce soft tissue complications, and f...

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 global physiotherapy equipment market is significantly growing due to technological advancements, such as implanted devices, rehabilitation robots, exoskeleton, and others. The technological advancements, such as implanted devices, help to increase the patient’s comfort level and improve patient care. The increasing demand for home physiotherapy and portable physiotherapy equipment are also creating growth opportunities for the global physiotherapy equipment market. The massive unexplored market in the physiotherapy equipment industry of the developing economies is creating abundant growth opportunities for the physiotherapy equipment market to grow at a considerable rate during the forecast period. On the basis of product, the physiotherapy market can be categorized as equipment and accessories, where equipment leads the market in terms of market size. Equipment is further segmented into ultrasound, continuous passive motion (CPM), hydrotherapy, electrical stimulation, h...

The global multiparameter patient monitoring equipment market is growing at a significant rate, due to increased chronic diseases such as chronic obstructive pulmonary disease, diabetes and cardiovascular diseases. More than 35 million people are suffering from chronic obstructive pulmonary disease in Japan, Europe and the U.S. Private institutional nursing is providing ample opportunity to the growth of multiparameter patient in the coming years. Multiparameter patient monitoring equipments are monitoring systems that measure and display waveforms and numerical data for the patient. The parameters are achieved through monitoring systems used for the treatment and diagnosis of patients in numerous healthcare departments. The multiparameter patient monitoring equipments are used to display signals of numerous essential signs such as, heart rate, respiratory rate, ECG, temperature and blood pressure. Request to Get the Sample Pages at:    https://www.psmarketresearc...

Medical Tapes are used as a medicine and first aid to hold a bandage or other dressing onto a wound. These tapes are designed to hold firmly to skin, dressing materials, and underlying layers of the skin (due to the presence of adhesive), without damaging the skin, and allow air to pass through them and reach the skin. Some breathable tapes such as Kinesiology Tape, and other elastic bandages with adhesives, are made of cotton. Surgical tape is often white because it contains zinc oxide, which is added to prevent infections. The global medical tapes and medical bandages market, is expected to grow in the forecast period due to increasing number of surgeries and growth in aging population. Medical bandages are generally used to support a medical device such as dressing or splint or to restrict the movement of any part of the body. Some of the other medical tapes used include micropore paper tape, trans-pore polyethylene tape and zinc oxide tape. Based on application, the medi...

Medical fiber optics is optical fiber used for medical applications. Optical fiber is a transparent and flexible fiber prepared of quality flexible glass, silica and plastic. Optical fibers are generally used as a mean to transfer light between two ends of fiber. It has a wide usage in fiber optics communications, where it permits light transfer over elongated distance and at much higher bandwidths compared to wire cables. Fibers are used for flexible light guide systems, laser light delivery systems, flexible image bundles, and illumination and light conductors. Fiber optics has found its application in medical industry for years. The physical feature of fiber makes it a usual choice for different applications. Optical fibers are generally used in illumination and are of two basic types – multiple mode fiber and single mode fiber. Single mode fiber has a small core of approximately nine microns in diameter. It limits the transmitted light in the fiber, which minimizes sca...