In recent years, the increasing prevalence of chronic diseases such as cardiovascular disorders and diabetes has led to a surge in the demand for advanced drug delivery systems that enable patients to self-administer their medications.

The human body has regenerative cells that hold tremendous capabilities to heal wounds. However, some chronic conditions such as diabetes, foot ulcers, pressure ulcers, and venous leg ulcers can stall the wound healing process.

The sleep apnea device market has undergone rapid transformation, driven by growing awareness about the consequences associated with disruptive or poor sleep conditions. Sleep apnea is a severe sleeping disorder in which a person experiences interruptive breathing or loud snoring.

Intraocular lenses (IOLs) are synthetic lenses that are used for replacing the natural lens of the eye. Most commonly, they are used to replace lenses that have been clouded by cataracts. Approximately 30 million cataract surgeries were performed worldwide in 2022.¹

Anesthesia disposables are products used in conjunction with anesthesia delivery units (ADUs) and anesthesia monitors during the administration of general anesthesia. Anesthesia disposables can be classified into four categories; anesthesia circuits, anesthesia masks, endotracheal tubes and laryngeal masks.

The AI in medical devices market has experienced an extraordinary surge, propelling from $15.42 billion in 2023 to an estimated $22.3 billion in 2024, showcasing a remarkable compound annual growth rate (CAGR) of 44.6%, as per The Business Research Company’s AI In Medical Devices Global Market Report 2024.

Infusion therapy, also known as intravenous therapy, plays a crucial role in administering fluids and medications directly into the bloodstream. In the United States, this market has been rapidly growing, driven by the aging population and the increasing prevalence of chronic diseases.

Obstructive sleep apnea (OSA) affects roughly one out of every five people in the United States and it is estimated that 85% of people suffering from OSA are underdiagnosed (Santilli, et al., 2021).

The ear, nose, and throat (ENT) specialty, also known as otorhinolaryngology, is a medical field with over 300 million procedures conducted globally in 2022. This market is set to grow larger than its current value as innovations continue to bring more solutions to the table, to help a wider range of patients.

The European video and integrated operating room equipment market was valued at 1.6 billion U.S. dollars in 2022. This is expected to increase at a mid-single-digit CAGR over the forecast period.