The modern surgical clip was introduced by Edward Weck, Inc. in 1967, which was viewed as a significant advancement from the conventional ligating clips and cartridges. Modern surgical clips sport important advantages such as use of tantalum and radius bend on the lateral leg, therefore completely containing the blood vessel within the ligating clip. These clips are also pre-loaded on disposable cartridge, therefore, offering immediate use during the surgical procedure.
The surgical dental loupes and cameras market is estimated to grow at a favorable CAGR during the forecast period from 2018 to 2026. Surgical dental loupes and cameras help the physicians and technicians during medical procedures by providing effective magnified visuals. The utilization of surgical dental loupes and camera leads to increase in comfort for medical professionals and improve patient care.
The global surgery tables market was valued at US$ 790.9 Mn in 2017 and expected to grow at compound annual growth rate (CAGR) of 3.7% during the forecast period from 2018 to 2026. The surgery tables market is driven by growing demand for hybrid operating rooms equipped with specialty surgical tables, technological advancements in the operating room tables and rising number of hospitals in the emerging economies.
Over the past three decades, several transcatheter technologies and devices for surgical interventions in structural heart diseases have been introduced in the market. There are several technologies currently under development that use transcatheter intervention techniques. The growth in variety of approach through percutaneous treatment has resulted in evolution of clinical care.
The smart inhalers market is set to reach from US$ 1,006.6 Mn in 2017 to US$ 3,674.6 Mn by 2026 at a compound annual growth rate (CAGR) of 15.7% during the forecast period from 2018 to 2026. Smart inhalers are mounted on respiratory inhalers and nebulizers and provides its services via wireless smart apps and cloud computing systems. They are useful in adjusting the inhaled dose and also reminds the patients regularly by sending alert messages to take medication on time, thereby optimally enhancing patient adherence and compliance with inhaled medications prescribed for chronic respiratory diseases such as COPD and asthma.
The global sinus dilation devices market held US$ 1,484.7 Mn in 2017 and expected to grow at compound annual growth rate (CAGR) of 8.8% during the forecast period from 2018 to 2026. The global sinus dilation devices market is majorly driven by growing prevalence of chronic sinusitis and incidences of acute sinusitis. For instance, Sinusitis affects one is seven adult in the U.S. and diagnosed in 31 million patients each year. According to U.S. national survey 2013, chronic rhinosinusitis is estimated to affect 12.5% to 15.5% of the total U.S. population. Thus growing prevalence of sinusitis is driving the market growth of sinus dilation devices. The patients and medical practitioners are opting for minimally invasive surgical procedures.
The rise in drunk driving is the prime factor driving the overall remote breathalysers market. As per the Centers for Disease Control and Prevention (CDC), around 10,497 people died in accidents due to drunk driving in 2016. Within the same year, more than 1 million drivers were caught and arrested for driving under the effect of alcohol. This growing incidence has encouraged the need to curb such accidents and thus periodic examinations of drivers take place. The World Health Organization has set targets to reducing the worldwide mortalities caused by road traffic accidents by 2020. Alcohol consumption is one of the major causative factors of such injuries.
Despite being a preventable and treatable condition, postpartum hemorrhage (PPH) the leading direct cause of maternal deaths worldwide. However, women in low respurce stings may not have desired access to appropriate care. This condition causes approximately 25% of the total maternal deaths. PPH is defined as excessive vaginal bleeding and occurs in over 10% of the total births and is linked with 1% case fatality rate. Active management of third stage labor can prevent up to 60% PPH cases, it still has devastating effect in low-income countries.
Platelet incubators market accounted for a market value of US$ 340.4 Mn in 2017 and projected to grow at a CAGR of 5.2% during the forecast period from 2018 to 2026. Platelet incubators known as the microprocessor-integrated systems created to avail high stability of temperature for platelet concentrates storage. The facility of forced air circulation helps to retain constant temperature throughout the unit; this prevents spoilage of platelet concentrates. The overall application of platelet incubators expected to increase throughout the forecast period due to increasing prevalence of dengue in tropical countries, rising prevalence of hematological diseases that require transfusion of platelets, and rising awareness related to platelet concentrate storage and applications.
The pharmacy dispensing machines market is set to reach from US$ 3,222.2 Mn in 2017 to US$ 6,023.2 Mn by 2026 at a compound annual growth rate (CAGR) of 7.3% during the forecast period from 2018 to 2026. Government hospital and research institutes throughout the globe are spending approximately 70% of their allocated budget in maintaining medicine inventories in their hospital pharmacies.
The North America cystoscopes market is expected to attain US$ 207.2 Mn in 2026. Video cystoscopes market was identified as the largest and fastest growing market during the forecast period from 2018 to 2026. The supremacy is accounted to its offered benefits of enhanced diagnostic and treatment procedures.
The global neurovascular guidewires market is growing expressively, was valued at US$ 265.4 Mn in 2017 and expected to reach US$ 394.4 Mn by 2026. Rising cardiovascular disorders along with demand for minimally invasive procedures, will drive the overall neurovascular guidewires market growth globally. Evolution in guidewire technology along with rising acceptance for wrapped guidewires would also drive the overall market during the forecast period.
The global neurovascular devices market is growing expressively, was valued at US$ 1,863.0 Mn in 2017 and expected to reach US$ 3,257.1 Mn by 2026. Increasing demand for minimally invasive procedures, growing commonness of neurovascular disorders and stroke, rapid new product development and commercialization drive the overall neurovascular devices market growth.
The global neurosurgery devices market held US$ 12,454.2 Mn in 2017 and expected to grow at compound annual growth rate (CAGR) of 8.2% during the forecast period from 2018 to 2026. The market is set to grow during the forecast period owing to influx of novel neurosurgical devices and growing inclination towards minimally invasive surgeries. Moreover, growing incidences of spinal disorders, traumatic injuries and endovascular surgeries are few of the major factors for the growth of the market.
Failure to restore normal sinus rhythm of the heart results in abnormal or ectopic heartbeat, often referred as cardiac arrhythmia. The arrhythmia is initiated by three discernable etiologies such as re-entry, automaticity and triggered. Automaticity occurs due to alterations in the ion exchange at cellular level. Re-entry occurs when the propagating electric impulse does not fade away and re-excites the heart even after the refractory period is over. Triggered events rarely occur from abnormalities encountered in the heart muscles ion exchange. Pacemakers are used in patients to maintain the normal heartbeat in patients suffering with cardiac arrhythmias.
Operating room equipment market accounted for a market value of US$ 28,917.6 Mn in 2017 and projected to grow at a CAGR of 5.9% during the forecast period from 2018 to 2026. Operating rooms equipment have evolved drastically over the years and it’s the result of constant innovation in the technology of medical devices and changing requirements of medical practitioners performing various types of surgical procedures.
Hearing Disability is considered if the hearing loss is more than 40 dB in adults and 30dB in children from age group 0-14 years. According to the World Health Organization 2015 report the number of people suffering with hearing loss globally are 360 million which represents 5.3% of the world’s population. Low frequency sounds are sensed near the apex of cochlea and high frequency sounds near the base.
Credence Research Inc. estimated the overall hernia repair devices market in 2016 to be US$ 2.08 Bn across the globe. In the recent years, following for tension-free hernia repair surgery is observed because the procedure minimizes recovery time, reduces post-operative complications and minimizes the risk of hernia recurrence. The global hernia repair devices market will grow during forecast period due to increasing number of target population, wide availability of technologically advanced hernia repair devices and growing treatment awareness among the general population.
The global hyperbaric oxygen therapy (HBOT) devices market is anticipated to reach US$ 267.9 Mn by 2024. Increasing preference of physicians to use oxygen therapy has been greatly contributing to the market growth of HBOT devices. HBOT devices have received FDA approval for treatment of necrotizing soft tissue infection, injuries, burns, decompression sickness and others. Off-label use of HBOT devices encompasses treatment of brain injuries and even cancer, despite lack of robust clinical evidence.
Hypodermic needle is hollow tube with sharp tip commonly used with syringe to inject substance into body or to extract fluid from body. Hypodermic needles are generally used for rapid delivery of liquid, depending on the safety feature associated with hypodermic needles, further classified as safety and non-safety needles.
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.