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Showing posts with the label Medical Devices

The Global Disinfectant Robot Market Growth Accelerated by Increased Adoption in Hospitals

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Disinfectant Robot Market Disinfectant robots help eliminate harmful pathogens, including viruses and bacteria, from the healthcare environment while minimizing human exposure. These robots use ultraviolet light, steam, or disinfectant spray methods to sanitize hospital rooms and equipment. The growing prevalence of hospital-acquired infections and implementation of stringent regulations regarding hygiene and sterilization are augmenting the demand for disinfectant robots. The global disinfectant robot market is estimated to be valued at US$ 1472.19 Bn in 2024 and is expected to exhibit a CAGR of 8.3% over the forecast period 2024 to 2031, as highlighted in a new report published by Coherent Market Insights. Market key trends: The increased adoption of disinfectant robots in hospitals is one of the key trends fueling market growth. According to the Centers for Disease Control and Prevention (CDC), around 1 in 25 hospital patients contract at least one hospital-acquired infection.

Digital Biomarkers Market Growth Accelerated by Adoption of Digital Biomarkers in Healthcare

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Digital Biomarkers Market Digital biomarkers incorporate technology and tools to digitally measure human physiological signals and behavior for clinical or medical purposes. Digital biomarkers can offer highly objective and quantifiable data compared to traditional subjective assessments. The global Digital Biomarkers Market is estimated to be valued at US$ 3.3 billion in 2024 and is expected to exhibit a CAGR of 8.0% over the forecast period 2024 to 2031, as highlighted in a new report published by Coherent Market Insights. Market key trends: The adoption of digital biomarkers is increasing exponentially driven by the growing need for precision medicine and remote patient monitoring. Digital biomarkers offer continuous and objective monitoring of patients without physical visits to clinics or hospitals. This allows early detection of therapeutic response as well as monitoring of disease progression. Various technology companies and digital health platforms are integrating digital

Infrared Thermometer Market Growth Accelerated by Rising Demand for Contactless Temperature Measurement

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Infrared Thermometer Market Infrared thermometers are medical devices used for temperature measurement without physical contact by sensing infrared energy emitted by the body. The non-contact nature and ease of use make infrared thermometers popular for applications like fever screening. Increasing awareness about health and hygiene is driving demand for infrared thermometers from sectors like healthcare, industrial, etc. Ramping up of contactless screening infrastructure at hospitals, airports, malls and other public places amid the pandemic has further propelled the market growth. The global Infrared Thermometer Market is estimated to be valued at US$ 14 Bn in 2023 and is expected to exhibit a CAGR of 5.3% over the forecast period 2023 to 2030, as highlighted in a new report published by Coherent Market Insights. Market key trends: Technological advancements are one of the key trends shaping the infrared thermometer market. Manufacturers are focusing on developing smart infrare

Hospital Surgical Disinfectants Market Growth Accelerated by Growing Healthcare Industry Requirements

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Hospital Surgical Disinfectants Market Hospital surgical disinfectants are extensively used for disinfecting and sterilizing surgical equipment, surfaces and other medical devices used in hospitals to reduce risk of infection and diseases. These products provide protection from various microorganisms such as bacteria, fungi and viruses. The global Hospital Surgical Disinfectants Market is estimated to be valued at US$ 4.2 billion in 2023 and is expected to exhibit a CAGR of 17% over the forecast period 2023-2031, as highlighted in a new report published by Coherent Market Insights. Market key trends: The increasing surgical procedures in hospitals due to rising geriatric population and chronic diseases has boosted the demand for hospital surgical disinfectants. As per estimates, over 234 million surgeries are performed worldwide every year. With growing healthcare industry requirements, hospital surgical disinfectants manufacturers are investing in product development and advance

Patient Mechanical Lift Handling Equipment Market Growing Demand from Aging Population and Increasing Risk of Workplace Injuries

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Patient Mechanical Lift Handling Equipment Market Patient mechanical lift handling equipment are devices used to transport patients safely, comfortably, and avoid manual lifting of patients by healthcare workers and caregivers. These equipment help prevent musculoskeletal disorders and injuries by reducing physical strains experienced during patient transfer activities. They are available in various shapes and sizes suitable for different healthcare settings and patient requirements. The global patient mechanical lift handling equipment market is estimated to be valued at US$ 2124.06 Mn in 2023 and is expected to exhibit a CAGR of 3.4% over the forecast period 2024 to 2031, as highlighted in a new report published by Coherent Market Insights. Market key trends: The growing geriatric population prone to disabilities and reduced mobility is a key trend fueling demand for patient mechanical lift handling equipment. Data estimations show that by 2050, one in six people in the world wi

Italy Peptide Receptor Radionuclide Therapy Market Poised for Significant Growth

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Peptide Receptor Radionuclide Therapy Market Peptide receptor radionuclide therapy employs radiolabelled peptides that selectively target overexpressed peptide receptors on cancer cells for imaging and targeted radionuclide therapy of tumours. These receptor targeting peptides allow delivery of radionuclides specifically to cancer tissues with high receptor densities. The global Italy Peptide Receptor Radionuclide Therapy Market is estimated to be valued at US$ 681.79 Mn in 2024 and is expected to exhibit a CAGR of 7.8% over the forecast period 2024 to 2031, as highlighted in a new report published by Coherent Market Insights. Market key trends: The increased prevalence of cancer and rising demand for innovative treatment options are propelling the uptake of peptide receptor radionuclide therapy. According to the Italian National Cancer Institute, cancer constituted the second leading cause of death in Italy in 2021, accounting for over 182,000 new cancer cases and 79,000 cancer d

Medical Batteries Market Growth Accelerated by Increasing Demand for Medical Devices

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Medical Batteries Market Medical batteries are used as power sources in various medical devices ranging from diagnostic tools to therapeutic equipment. They offer critical back up power to ensure uninterrupted functioning of life supporting medical equipment such as pacemakers and hearing aids. The increasing demand for diverse portable medical devices along with the growing incidence of chronic diseases has been fueling the need for reliable battery operated medical equipment. The global Medical Batteries Market is estimated to be valued at US$ 3327.46 Bn in 2024 and is expected to exhibit a CAGR of 8.7% over the forecast period 2024 to 2031, as highlighted in a new report published by Coherent Market Insights. Market key trends: The growing demand for medical devices has been a major driving factor for the medical batteries market. According to various research studies, the demand for battery operated medical equipment is expected to surge over 50% by 2030. This increased dem

Medical Electrodes Market Driven by Growing Demand for Cardiology Procedures

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Medical Electrodes Market Medical electrodes are used in various cardiology procedures such as electrocardiography (ECG) and electrocardiograms (EKG) to monitor the electrical activity of the heart. These electrodes help in recording bioelectric signals like EEG, ECG for diagnosis of neurological and cardiac conditions. The global medical electrodes market is estimated to be valued at US$ 1122.06 Mn in 2023 and is expected to exhibit a CAGR of 3.9% over the forecast period 2023 to 2030, as highlighted in a new report published by Coherent Market Insights. Market key trends: The demand for medical electrodes is primarily driven by the growing geriatric population and the increasing burden of chronic diseases globally. As per the United Nations, by 2050 around 16.9% of the global population will be aged 65 and above. The aging population is more prone to developing cardiovascular diseases. With growing healthcare infrastructure and expenditure, the demand for cardiology procedures i

Cardiac Implants Market: Growth Accelerated by Technological Advancements

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Cardiac Implants Market Cardiac implants are medical devices that are surgically implanted in the heart to diagnose, treat or manage various heart diseases and disorders. Cardiac pacemakers, implantable cardioverter defibrillators, and cardiac resynchronization therapy devices are some key cardiac implants used widely. Cardiac implants have significantly improved the treatment of various heart conditions and helped save many lives. The global Cardiac Implants Market is estimated to be valued at US$ 35,795.6 Mn in 2023 and is expected to exhibit a CAGR of 8.1% over the forecast period 2023 to 2030, as highlighted in a new report published by Coherent Market Insights. Market key trends: Technological advancements have accelerated the growth of the cardiac implants market. Manufacturers are developing miniaturized and advanced implantable devices to serve the growing needs of patients. Wireless cardiac implants with Bluetooth and smartphone connectivity are gaining traction as they all

Cardiopulmonary Bypass Equipment Market is Estimated to Witness High Growth Owing to Opportunity in Rising Prevalence of Cardiovascular Diseases

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Cardiopulmonary Bypass Equipment Market Cardiopulmonary bypass equipment play a vital role in cardiovascular surgeries such as coronary artery bypass graft surgery (CABG) by performing the function of heart and lungs during an operation. These equipments help sustain the patient's life by pumping oxygen-rich blood throughout the body and removing carbon dioxide from the blood during surgery. They consist of components such as oxygenators, pumps, cannula, and tubing sets which enables diverting blood around the heart and lungs through an extracorporeal circuit. Growing prevalence of cardiovascular diseases and rising cases of coronary artery bypass graft surgery have boosted the demand for reliable cardiopulmonary bypass equipment worldwide. The global Cardiopulmonary Bypass Equipment Market is estimated to be valued at US$ 120.01 Mn in 2023 and is expected to exhibit a CAGR of 5.5% over the forecast period 2023 to 2030, as highlighted in a new report published by Coherent Market

Fluid Management System Market is Estimated to Witness High Growth Owing to Opportunity of Addressing Issues Related to Fluid Waste Management

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Fluid Management System Market  Fluid management systems are medical devices used for collection, storage, treatment and disposal of waste fluids generated during medical and surgical procedures. These systems offer advantages like safer collection and disposal of biohazardous waste while reducing infection risks. They help in proper fluid waste management which is an important requirement of healthcare facilities. These systems are important especially considering significant amount of fluids used during dental, gynecological, urological and laparoscopic procedures. The global Fluid Management System Market is estimated to be valued at US$ 12.41 Bn in 2023 and is expected to exhibit a CAGR of 6.6% over the forecast period 2023 to 2030, as highlighted in a new report published by Coherent Market Insights. Market Opportunity: Growing concerns over proper handling and disposal of medical waste fluids present significant growth opportunity for fluid management system providers. Stric

Operating Table Market is Estimated to Witness High Growth Owing to Opportunity of Improving Healthcare Outcomes

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Operating Table Market An operating table, also known as operating room table (OR table), is a table on which patients lie during surgical procedures. Modern operating tables are specially designed for comfort, flexibility, and safety of both patient and surgeons. They allow adjustable positions for the surgical team and help maximize exposure during procedures. Operating tables today come equipped with features such as adjustable leg supports, builtin retractors, electric motorization, X-ray compatibility, and integrated light and monitor mounts. Their motorized design enables easy maneuvering of patients into surgical positions without compromising safety or sterility. The global Operating Table Market is estimated to be valued at US$ 1.5 Bn in 2023 and is expected to exhibit a CAGR of 7.0% over the forecast period 2023 to 2030, as highlighted in a new report published by Coherent Market Insights. Market Opportunity: The growing volume of surgical procedures globally presents a

Global Photo Rejuvenation Devices Market is Estimated to Witness High Growth Owing to Growing Awareness of Non-Invasive Cosmetic Procedures

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Photo Rejuvenation Devices Market Photo rejuvenation devices are light therapy devices used for non-invasive skin treatments to reduce signs of aging such as fine lines, wrinkles, skin laxity, sun damage, acne scars, and pigmented lesions. Various products such as Intense Pulsed Light (IPL) devices, laser devices, LED therapy devices, and excimer lasers are available and help revitalize the skin by stimulating collagen production. The demand for non-invasive cosmetic treatments over surgical procedures is rising due to advantages such as minimal downtime and lower costs. The global Photo Rejuvenation Devices Market is estimated to be valued at US$ 0.8 Bn in 2023 and is expected to exhibit a CAGR of 3.8% over the forecast period 2023 to 2030, as highlighted in a new report published by Coherent Market Insights. Market Opportunity: Growing Awareness of Non-Invasive Cosmetic Procedures The awareness regarding non-invasive cosmetic treatments over surgical procedures is increasing globally

Thromboelastography Market is Estimated to Witness High Growth Owing to Rapid Adoption in Hospitals

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Thromboelastography Market Thromboelastography (TEG) is a type of medical test that measures the speed and strength of clotting formation over time, as well as how well the blood clots break down. This test helps medical professionals quickly determine a patient's blood coagulation issues. TEG tests are commonly used in monitoring patients undergoing liver transplants, open heart surgeries, or patients who are bleeding excessively. The global thromboelastography market is estimated to be valued at US$ 125.17 billion in 2023 and is expected to exhibit a CAGR of 7.5% over the forecast period 2023 to 2030, as highlighted in a new report published by Coherent Market Insights. Market Opportunity: The rapid adoption of thromboelastography testing in hospitals across the globe, especially in developed economies, is estimated to propel the market growth over the forecast period. Hospitals are increasingly adopting TEG tests as they provide quick results to assess bleeding risks in pati

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