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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The medical devices market report focuses particularly on identifying the trends, opportunities, and strategies that can lead to success. O&S reports are available off the shelf and can be delivered to clients on the day of purchase.
Medical Devices Global Market Opportunities And Strategies Report is the most comprehensive report available on this market and will help gain a truly global perspective as it covers 60 geographies. The chapter on the impact of COVID-19 gives valuable insights on supply chain disruptions, logistical challenges, and other economic implications of the virus on the market. The chapter also covers markets which have been positively affected by the pandemic.
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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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