The Medical Devices Global Market Report 2020-30 by The Business Research Company describes and explains the global medical devices market and covers 2015 to 2020, termed the historic period, and 2020 to 2025, termed the forecast period, along with further forecasts for the period 2025-2030. The report evaluates the market across each region and for the major economies within each region.
The Medical
Devices Global Market Opportunities And Strategies Report covers medical
devices market drivers, medical devices market trends, medical devices market
segments, medical devices market growth rate, medical devices market major
players, and medical devices market size.
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Trends in the market include:
Expansion Of Medical Technologies-
In the wake of the coronavirus pandemic,
medical technologies such as wearables are becoming commonplace. The need to
diagnose, treat and monitor patients without human contact has risen, to
contain the spread of COVID-19, resulting in increased applications of medical
technologies which will enable medical professionals to remotely treat their
patients. Some such technologies are the applications of artificial intelligence
(AI) in the care of people, wearable medical equipment, remote patient
monitoring devices, electronic health records (EHR), etc. These medical
technological solutions allow for contactless monitoring of patients, either in
their homes or in hospitals, which is essential in containing COVID-19. For
example, by maintaining the EHRs of a patient, doctors and patients alike are
excused from handling traditional paperwork which is passed through many
individuals involved in the treatment, and can easily view the data on their
own devices.
Self-Diagnosis/Treatment Is Increasing-
Use of medical devices for the home-based
diagnosis and treatment of medical conditions is increasing. Technological
developments in devices such as glucose monitors, insulin delivery devices,
nebulizers and oxygen concentrators have enabled diagnosis and monitoring of
many diseases at home. Remote control technology is also allowing healthcare
professionals to support home-based treatments which is leading to increased
preference for home and self-care treatment.
The market is segmented:
By Type Of Device-
a) In-Vitro Diagnostics
b) Dental Equipment And Supplies
c) Ophthalmic Devices
d) Diagnostic Imaging Equipment
e) Cardiovascular Devices
f) Hospital Supplies
g) Surgical Equipment
h) Orthopedic Devices
i) Patient Monitoring Devices
j) Diabetes Care Devices
k) Nephrology And Urology Devices
l) ENT Devices
m) Anesthesia And Respiratory Devices
n) Neurology Devices
o) Wound Care Devices
By Type Of Product-
a) Disposable Hospital Supplies
b) Operating Room Equipment
c) Sterilization Equipment And
Disinfectants
d) Mobility Aids And Transportation
Equipment
By Type Of Expenditure–
a) Public Expenditure
b) Private Expenditure
By End-User -
a) Homecare
b) Hospitals and Clinics
c) Diagnostic Centers
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