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.

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.

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.

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.

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.

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.

According to a new market research report by BIS Research, the global surgical robotics market is expected to reach a value of $12.6 billion by the year 2025, owing to factors such as:

Obesity levels remain high in America, as 70% of adults are either obese or overweight, with no sign of an improvement in sight. More women are joining the size acceptance movement and are demanding fashionable clothes for “plus size” persons, and other services catering to them, including dating services, specialty beds, and medical equipment.

The process of diagnosis uses data collection and complex analysis to determine a patient’s health and course of treatment. Accurate diagnosis is the most critical aspect of health care.

The healthcare sector has moved from using paper-based records to electronically updated and shared records. This, in turn, has increased the demand for the Internet of Things (IoT) in healthcare to enable the collection and sharing of information directly through the Internet from anywhere in the world.