Medical Devices

As various respiratory conditions and cardiac diseases are becoming more prevalent worldwide, pulse oximeter market is experiencing a high CAGR due to the high demand for both medical and non-medical surgical procedures.

Global mobile cardiac telemetry system is flourishing at a high rate because of the increasing prevalence of cardiovascular diseases and growing demand for tracking devices that can keep the records of the heart vitals of the patients.

Several factors are driving the global nerve repair and regeneration market, such as the wide incidence of nerve injuries, the increasing prevalence of neurological disorders, and the growing government funding for research into neurologic disorders.

Resuscitation devices are typically used in almost any emergency situation for the purpose of stimulating spontaneous breathing. The growing occurrences of cardiovascular diseases, increasing demand for emergency care, and high levels of premature births are some factors spurring the global resuscitation devices market growth.

With the increasing prevalence of breast cancer and rising demand for breast cancer diagnostics and treatment, combined with the advancements in imaging technology, the global mammography market is witnessing substantial growth.

The market for brain monitoring is mainly driven by the growing prevalence of neurological disorders, traumatic brain injuries, the rising awareness of neurological diseases, and the increasing use of brain monitoring in clinical trials.

The sharp rise in electrosurgical procedures and flourishing medical tourism in the emerging economies is propelling the demand for smoke evacuation systems. According to the Plastic Surgery Organization, more than 17.7 million surgical and minimally invasive cosmetic surgeries were performed in the US alone in 2018.

The global radiotherapy market is flourishing because of the high and growing prevalence of cancer worldwide, which is fueling the demand for cancer treatment, further propelling the demand for radiotherapy for treatment. The innovations and technological advancements introduced by the companies is also influencing the market growth.

The global multimodal imaging market is gaining traction due to the growing prevalence of various chronic diseases among adults as well as the geriatric population, along with the various technological advancements like the introduction of AI and cloud in the imaging modalities.

The global tracheostomy products market is growing substantially due to factors such as the increasing number of patients with respiratory diseases such as asthma, COPD, lung cancer, chronic bronchitis, etc., along with technical advancements in the tracheostomy procedure.