How COVID-19 Is Reshaping the Global Ventilator Market

Ventilators offer critical care support to patients who are unable to breathe on their own. The recently discovered novel coronavirus strain, also known as COVID-19, has led to a rapid rate of respiratory infections and deaths globally. Therefore, a dramatic rise in the demand for ventilators is currently being witnessed, owing to the severe respiratory illness caused by the disease.

Topics: Healthcare Medical Devices Industry Insights

The Soaring Demand for Personal Protective Equipment (PPE) During COVID-19

To help prevent the spread of COVID-19, a wide array of healthcare organizations, businesses, and consumers have scrambled to obtain items they once took for granted or had little need for: personal protective equipment (PPE), including disposable masks, face shields, and medical gloves.

Topics: Medical Devices Industry Insights

The Global Respiratory Masks Market Is Projected to Grow 22.9% by 2023

The global respiratory masks (N95 respirators, surgical masks, and others) market will grow from 14,600 million units in 2019 to 33,360.9 million units in 2023 at a compound annual growth rate (CAGR) of 22.9%, according the Respiratory Masks Global Market Opportunities And Strategies To 2030 report by The Business Research Company.

Topics: Healthcare Medical Devices Industry Insights

The Rising Demand for Patient Monitoring Devices

The global patient monitoring devices market is expected to grow from $22.4 billion in 2018 to $30.7 billion in 2022 at an annual growth rate of more than 8%.

Topics: Healthcare Medical Devices

The Largest Segment of the Wearable Medical Devices Market

The global market for insulin monitoring wearable medical devices is set to increase by over 20% year on year to 2022. The segment is the largest of the therapeutic wearable medical devices market, well ahead of pain management, respiratory therapy and rehabilitation devices. All these segments are, however, growing at close to 20% a year.

Topics: Medical Devices Industry Insights

The Rise of Robotic Surgery in the Healthcare Industry

The rise of robotics and automation across all industries is not something new. From automotive, warehousing and logistics to supply chain management to travel and hospitality to healthcare, robotics has become the most critical innovation of this decade. Talking particularly about healthcare, experts believe that autonomous robots could soon be regular members of any hospital’s staff, performing diagnostic duties, reading case histories and even assisting in surgeries.

Topics: Healthcare Medical Devices Industry Insights

Blood Glucose Test Strips to Reach Record Sales Due to Global Diabetes Epidemic

In 2021, the global market for blood glucose test strips will be worth $12.93 billion, its highest ever level, a new report from the Business Research Company shows.

Topics: Healthcare Medical Devices Industry Insights

Opportunities in the Shoulder Replacement Implants Market

The US market for shoulder arthroplasty implants is worth over 40% of the entire global market for all types of minor orthopedic replacement implants and is growing at 6.6% year on year, according to a recent report by The Business Research Company.

Topics: Healthcare Medical Devices Industry Insights

Key Factors Driving the Laparoscopy & Endoscopy Devices Market

According to a market intelligence report from BIS Research, the laparoscopic and endoscopic devices market is expected to reach $27.92 billion by 2025. The market is likely to grow at a CAGR of 4.80% from 2018 to 2025.

Topics: Healthcare Medical Devices Industry Insights

The Telemedicine Technology Market Will More Than Double by 2022

A new report from The Business Research Company, shows that the global market for telemedicine technology, currently worth $31.8 billion, will reach $77.2 billion by 2022. Expansion at that rate provides great opportunities for companies and investors in the telemedicine market.

Topics: Healthcare Medical Devices Industry Insights