Medical Device
Medical device industry plays an indispensable role in revolutionizing the healthcare outlook. Medical device manufacturers are committed to providing life-changing tools that allow people live longer, healthier, and more productive lives.
Apart from triggering the demand for advanced Internet of Things (IoT) and artificial intelligence (AI) or machine learning (ML)-based devices, the COVID-19 pandemic accelerated the penetration of early detection systems, which were previously backburnered, to ensure that personal medical care essentials are not stripped away. The post pandemic era exponentially in [read more]
Medical device industry plays an indispensable role in revolutionizing the healthcare outlook. Medical device manufacturers are committed to providing life-changing tools that allow people live longer, healthier, and more productive lives.
Apart from triggering the demand for advanced Internet of Things (IoT) and artificial intelligence (AI) or machine learning (ML)-based devices, the COVID-19 pandemic accelerated the penetration of early detection systems, which were previously backburnered, to ensure that personal medical care essentials are not stripped away. The post pandemic era exponentially increased investments to innovate and implement modern technologies such as AI and ML, augmented & virtual reality, robotics, data management methodologies, and the IoT. The ongoing research to come up with innovative medical devices for the treatment and diagnosis, combined with a rise in patients’ life expectancy and aging population worldwide, is providing impetus for the expansion of the medical device industry.
Minimally invasive and non-invasive surgical devices are considered among the most significant developments in the healthcare sector. The market for various minimally invasive and non-invasive devices is set to evolve due to the rising demand for painless treatment. Various companies, especially new entrants from developing countries, are coming up with cutting-edge technologies such as drug-eluting stents and capsule endoscopy. The market for mobility aid technologies is set to flourish significantly with the increased life expectancy and surging geriatric population across the world.
The medical devices industry players globally invest a higher percentage of their yearly revenues in R&D for the continuous innovation and improvement of existing technologies, which highlights the competitive nature of the industry compared to players operating in industries such as telecommunications, automotive, and defense.
Intelligence Cloud - Medical Device
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What We Do
We work with clients and business leaders to support their understanding and decision-making process with analyses on industry dynamics and trends. The domain research team offers professional services around the digital transformation, strategic trends, sustainability, business, and market insights with deeper dives into sub-sectors such as competitor analyses, Medtech, devices market sizing, demand and supply analyses, and digitalization.
Mar 2024
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Nov 2023
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Nov 2023
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Nov 2023
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Heart Transplant Market Size and Forecasts (2020 - 2030), Global and Regional Share, Trends, and Growth Opportunity Analysis Report Coverage: By Surgery Type (Orthotopic Heart Transplant and Heterotopic Heart Transplant), Type (Donor Live Heart and Artificial Hearts), End User (Hospitals, Cardiac Centers, and Others), and Geography (North America, Europe, Asia Pacific, Middle East & Africa, and South & Central America)
Nov 2023
Hearing Aids Market
Hearing Aids Market Size and Forecasts (2020 - 2030), Global and Regional Share, Trends, and Growth Opportunity Analysis Report Coverage: By Type (OTC Hearing Aids and Prescription Hearing Aids), Product Type (Hearing Aid Devices and Hearing Implants), Technology (Digital Hearing Aids and Conventional Hearing Aids), Type of Hearing Loss (Sensorineural Hearing Loss and Conductive Hearing Loss), Patient Type (Adults and Pediatrics), Distribution channel (Pharmacies, Retail Stores, and Online), and Geography (North America, Europe, Asia Pacific, Middle East & Africa, and South & Central America)
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Brain Implants Market
Brain Implants Market Size and Forecasts (2020 - 2030), Global and Regional Share, Trends, and Growth Opportunity Analysis Report Coverage: By Treatment (Deep Brain Stimulation, Spinal Cord Stimulation, Vagus Nerve Stimulator, Invasive and Non-Invasive BrainComputer Interface, Responsive Neurostimulation for Seizures, Auditory Brainstem Implant, and Ophthalmic Aid/Implant), Application [Chronic Pain, Parkinson's Disease, Alzheimer's Disease, Epilepsy, Essential Tremor, Depression, Dystonia, Amyotrophic Lateral Sclerosis (ALS), and Neurofibromatosis 2], End User (Hospitals and Specialized Clinics/Neurological Centers), and Geography (North America, Europe, Asia Pacific, Middle East & Africa, and South & Central America)
Upcoming Reports