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industryinsightsandanalysis · 18 days

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Ultrasonic Electrosurgical Device Market Current Analysis and Outlook

The Global Ultrasonic Electrosurgical Devices Market is projected to grow significantly by 2027, expanding at a CAGR of around 5% during the forecast period (2021-2027). Ultrasonic electrosurgical devices utilize electrical energy in surgical procedures, where the resistance of body tissues to electrical current generates heat, aiding in the dissection, coagulation, and cutting of tissues.

Market Drivers

Minimally Invasive Procedures and Technological Advancements

The rising demand for minimally invasive surgical procedures, coupled with advancements in surgical techniques and technology, is driving the growth of the ultrasonic electrosurgical devices market. Additionally, the increasing geriatric population and the prevalence of chronic diseases are significant factors contributing to market expansion. For instance, according to the CDC, 17% of adults aged 65 and older have coronary heart disease, and 7.6% have experienced a stroke. The growing number of cosmetic surgeries also contributes to the market's growth.

Product Segmentation

The market is divided into generators and consumables. The consumables segment is expected to see substantial growth during the forecast period due to the single-use nature of items like forceps, handpieces, and pencils. The increasing number of surgeries and the rising prevalence of chronic diseases significantly boost the demand for consumables in the ultrasonic electrosurgical device market.

For a comprehensive analysis of the market drivers, visit: https://univdatos.com/report/ultrasonic-electrosurgical-device-market/

Type Segmentation

The market is categorized into high-intensity focused ultrasonic (HIFU) ablators, magnetic resonance-guided focused ultrasonic (MRGFUS) ablators, ultrasonic surgical ablation systems, and shock wave therapy systems. The HIFU segment held a significant share in 2020 and is anticipated to grow due to its higher precision, better results, and rising prevalence of chronic diseases like cancer. For instance, according to the WHO, there were 2.3 million women diagnosed with breast cancer in 2020, resulting in 685,000 deaths globally.

Application Segmentation

The market is segmented into cardiology, gynecology, urology, and others. The cardiology segment is expected to have a significant market share due to the increasing incidence of heart diseases. For instance, the CDC reports that about 659,000 people in the United States die from heart disease each year, accounting for 1 in every 4 deaths.

End-User Segmentation

The market is divided into hospitals, ambulatory surgical centers, and others. Hospitals are anticipated to experience significant growth due to their specialized treatment capabilities and the adoption of advanced technology.

Regional Insights

The report provides detailed regional analysis covering North America (United States, Canada, Rest of North America), Europe (Germany, France, Italy, Spain, United Kingdom, Rest of Europe), Asia-Pacific (China, India, Australia, Japan, Rest of APAC), and the Rest of the World. North America holds a significant market share due to high healthcare spending and the presence of well-established market players. For instance, in 2019, Canada’s per capita healthcare expenditure was USD 5,048. Frequent product launches in the region also contribute to market growth.

For a sample report, visit: https://univdatos.com/get-a-free-sample-form-php/?product_id=22848

Key Market Players

Prominent companies in the ultrasonic electrosurgical devices market include Olympus Corporation, Medtronic, Misonix Inc., BOWA-electronic GmbH, Söring GmbH, Advanced Instrumentations, Reach Surgical, ITALIA MEDICA SRL, SonaCare Medical, and Miconvey. These companies engage in mergers, acquisitions, and partnerships to develop various types of ultrasonic electrosurgical devices.

UnivDatos Market Insights

Email - [email protected]

Contact Number - +1 9782263411

Website -www.univdatos.com

#Ultrasonic Electrosurgical Device Market #Ultrasonic Electrosurgical Device Market Size #Ultrasonic Electrosurgical Device Market Report #Ultrasonic Electrosurgical Device Market Forecast

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prismmediawire · 20 days

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SS Innovations’ SSi Mantra Surgical Robotic System Used to Perform 100 Cardiac Surgeries, Signaling Market Expansion

FORT LAUDERDALE, FL, May 21, 2024 - SS Innovations International, Inc. (the "Company" or "SS Innovations") (OTC: SSII), a developer of innovative surgical robotic technologies dedicated to making world class robotic surgery affordable and accessible to a global population, today announced that 100 robotic cardiac surgery procedures have been successfully performed with the Company’s SSi Mantra Surgical Robotic System.

Dr. Sudhir Srivastava, SS Innovation’s Chairman and CEO, commented: “Reaching this milestone with the SSi Mantra is another notch in SS Innovations' strategic market expansion—transforming practices, enhancing access, and driving the widespread use of robotic surgery. The Mantra’s innovative design, featuring a fifth arm capability, uniquely enables it to perform complex cardiac surgeries—a high demand market previously without an effective robotic solution. Cardiac surgery often still requires a maximally invasive approach that involves splitting the patient’s sternum to gain access."

“Our approach enables the same surgeries to be performed with minimal invasiveness, exemplifying the SSi Mantra system's unique value proposition: precise execution, less trauma, reduced blood loss, quicker recoveries, lower cost and superior overall outcomes. We anticipate receiving FDA approval in the US and CE Mark approval in Europe in early 2025, further enhancing our market position.”

In 2023, the global cardiac surgery device market was valued at $17.1 billion, according to ResearchAndMarkets, and is expected to grow at a rate of 5.5%, reaching $24.9 billion by 2030. The global surgical robotics market size was valued at $78.8 billion in 2022, and is projected to reach $188.8 billion by 2032, growing at a CAGR of 9.1% from 2023 to 2032.

SS Innovations has established the world's only comprehensive robotic cardiac surgery program, successfully executing procedures such as Totally Endoscopic Coronary Artery Bypass (TECAB), Internal Mammary Artery (IMA) Takedown, Mitral Valve Replacement, and Bilateral Internal Mammary Artery (BIMA) Takedown, all using the advanced SSI Mantra system.

Dr. Srivastava further emphasized, “We see a significant opportunity to address the global need for safe, timely, and affordable cardiac care. The successful use of the SSi Mantra in cardiac surgeries is transforming practices and setting the path to boost global adoption of robotic surgery. This progress offers patients less invasive options and improved quality of life while positioning the Company to accelerate momentum and gain market share in valuable procedural territories.”

Dr. Nitin Kumar Rajput, Senior Consultant in Cardiac Surgery at Narayana Institute of Cardiac Sciences in Bangalore, India, individually performed about half of the surgeries, completing 47 robotic cardiac procedures. He commented: “I have found that SS Innovations now has the most advanced system for coronary and intracardiac robotic cardiac surgeries, and we have performed bypass procedures, valve repairs and atrial septal defect closures. I believe that most robotic cardiac surgical procedures in the future will be done on the SSI Mantra Surgical Robotic System.”

About SS Innovations International, Inc.

SS Innovations International, Inc. (OTC: SSII) is a developer of innovative surgical robotic technologies with a vision to make the benefits of robotic surgery affordable and accessible to a larger part of the global population. SSII’s product range includes its proprietary “SSi Mantra” surgical robotic system, and “SSi Mudra”, its wide range of surgical instruments capable of supporting a variety of surgical procedures including robotic cardiac surgery. SSII’s business operations are headquartered in India and SSII has plans to expand the presence of its technologically advanced, user-friendly, and cost-effective surgical robotic solutions, globally. For more information, visit SSII’s website at ssinnovations.com or LinkedIn for updates.

About SSi Mantra

Supporting advanced, affordable, and accessible robotic surgery, the SSi Mantra Surgical Robotic System provides the capabilities for multi-specialty usage including cardiothoracic, head and neck, gynecology, urology, general surgery and more. With its modular arm configuration, 3D 4K vision open-console design and superior ergonomics, the system engages with the surgeon and surgical teams to improve safety and efficiency during procedures. SS Innovations has partnered with Johns Hopkins University, installing the SSi Mantra at the University's Minimally Invasive Surgical Training and Innovation Center (MISTIC) in Baltimore, MD. This installation is actively training new surgeons and promoting the global dissemination of advancements in medical robotics. The SSi Mantra system has received Indian Medical Device regulatory approval (CDSCO) and is clinically validated in India in more than 70 different types of surgical procedures. The Company expects regulatory approvals from the US Food and Drug Administration (FDA) and CE Mark in Europe in early 2025.

Forward-Looking Statements

This press release may contain statements that are not historical facts and are considered forward-looking within the meaning of the Private Securities Litigation Reform Act of 1995. The words “anticipate,” “assume,” “believe,” “estimate,” “expect,” “will,” “intend,” “may,” “plan,” “project,” “should,” “could,” “seek,” “designed,” “potential,” “forecast,” “target,” “objective,” “goal,” or the negatives of such terms or other similar expressions to identify such forward-looking statements. These statements relate to future events or SS Innovations International’s future financial performance and involve known and unknown risks, uncertainties and other factors that may cause our actual results, levels of activity, performance, or achievements to be materially different from any future results, levels of activity, performance or achievements expressed or implied by these forward-looking statements.

For more information:

PCG Advisory Jeff Ramson [email protected]

Source: SS Innovations International, Inc.

#press release #prism mediawire #stock market #investing #prismdigitalmedia #prismmarketview #otc #otc markets #healthcare #Robotics #surgical robotics #robotic surgery #SSII #ss innovations

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helthcareheven · 2 months

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The Cannula Quest: Journey into Market Evolution

The cannula market involves medical tubing that serves as a conduit for inserting and draining body fluids or providing access to surgical instruments. Cannulas are commonly used during minimally invasive procedures like laparoscopy for facilitating easy passage of instruments through small incisions. The increasing preference for minimally invasive surgeries over conventional open surgeries is a key factor driving demand for cannulas globally. Minimally invasive procedures minimize hospital stay, recovery time, and risk of postoperative complications. The Global Cannula Market is estimated to be valued at US$ 180.4 Mn in 2024 and is expected to exhibit a CAGR of 7.5% over the forecast period 2023 to 2030. Key Takeaways Key players operating in the cannula market are Smith & Nephew, Maquel Holding B.V. & Co. KG., Sorin Group, Edward Lifescience Corporation, Medtronic plc, Terumo Corporation, Boston Scientific Corporation, Teleflex Incorporated, Conmed Corporation, Dolphin Surgicals, Micromed International, Goodhealth Inc., and Biotek (Chetan Meditech Pvt. Ltd.). These players dominate the global cannula market with their wide product portfolio and strong geographical presence across major markets. The rising acceptance of minimally invasive procedures presents lucrative opportunities for cannula manufacturers globally. Growing geriatric population suffering from chronic conditions will necessitate more surgical procedures, boosting cannula demand. Cannula suppliers are enhancing their R&D capabilities and production lines to cater to rising complex surgeries worldwide. Geographic expansion into emerging regions is a key focus for major cannula companies. Significant unmet needs in Asia Pacific and Latin America offer scope for cannula providers to augment their shares in these markets. Partnerships with local medical product distributors facilitate smooth supply and after-sales services. Market drivers: 1) Increasing preference for minimally invasive surgeries - Growth in laparoscopic, arthroscopic and other MIS procedures worldwide is a major factor necessitating more cannulas. According to industry estimates, MIS procedures are growing at 10-15% annually. 2) Rising geriatric population- Growing prevalence of chronic diseases among the elderly drive surgical volumes and subsequent demand for cannulas used in these surgeries. As per UN data, over 16% of global population will be aged 65+ by 2050. Market restrain: 1) Higher costs compared to conventional devices: Cannulas have a relatively higher acquisition cost than traditional surgical tools, limiting their adoption in price sensitive areas. This can restrain market revenues especially in developing nations. 2) Training and sterilization challenges: Effective use of cannulas requires specialized training of surgeons and operating staff. Their reuse after sterilization also poses contamination risks if not done properly. This adds to set up and maintenance costs for healthcare facilities.

Segment Analysis The global cannula market can be segmented based on product type, application, end-use, and region. Based on product type, the needles segment dominates the market as it is widely used for diagnostic and therapeutic procedures. Based on application, the cardiovascular surgery sub-segment dominates as cardiovascular diseases has high incidence and cannulas are widely used in cardiovascular procedures. Global Analysis Regionally, North America is anticipated to account for the largest share in the global cannula market till 2030 due to increasing prevalence of chronic diseases, growing elderly population, presence of major players, and developments in healthcare infrastructure. Asia Pacific is anticipated to grow at the fastest rate during the forecast period owing to growing medical tourism, rising healthcare expenditure, increasing incidence of chronic diseases, and growing medical device industry. China, India, and Japan are anticipated to drive the growth of the Asia Pacific cannula market during the forecast period.

#CannulaInnovations #MedicalDevices #CannulaSolutions

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5545321 · 3 months

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Surgical Power Tools Market Worth $3.25 Billion by 2030

Meticulous Research®—a leading global market research company, published a research report titled, ‘Surgical Power Tools Market by Product (Drill, Saw, Reamer, Shaver, Wire Driver, Power Source, Accessories), Application (Orthopedic, Neuro, Dental, ENT, Cardiothoracic), Usage (Reusable, Disposable), End User (Hospital, Clinic)—Global Forecast to 2030.’

According to this latest publication from Meticulous Research®, the global surgical power tools market is expected to register a CAGR of 4.3% to reach $3.25 billion by 2030. The rising number of aging people, the increasing prevalence of orthopedic and neurological disorders, and a surge in technological advancements related to surgical power tools drive the market growth.

Surgical Power Tools Market: Future Outlook

The global surgical power tools market is segmented by Product (Handpieces {Drills, Saws, Reamers, Shavers, Wire/Pin Drivers, Other Handpieces}, Power Sources & Controls {Electric consoles, Battery, Pneumatic Regulators }, Accessories {Surgical Accessories, Electrical Accessories, Other Accessories}), Application (Orthopedic Surgery, Neurosurgery, Dental and Craniomaxillofacial Surgery, ENT Surgery, Cardiothoracic Surgery, Plastic & Reconstructive Surgery ), Usage, (Reusable, Disposable), End User, (Hospitals, ASCs and Clinics), and Geography. The study also evaluates industry competitors and analyzes their market share at global and regional levels.

Based on product, the handpieces segment is expected to account for the largest share of the global surgical power tools market in 2023. The large market share of this segment is attributed to its efficient usage in various surgeries and compatibility with numerous attachments.

Based on application, the global surgical power tools market is segmented into orthopedic surgery, neurosurgery, dental and craniomaxillofacial surgery, ENT surgery, cardiothoracic surgery, and plastic & reconstructive surgery. In 2023, the orthopedic surgery segment is expected to account for the largest share of the global surgical power tools market due to the increasing prevalence of orthopedic disorders, rising number of orthopedic surgeries, and adoption of minimally invasive orthopedic surgeries.

Based on usage, the global surgical power tools market is segmented into reusable tools and disposable tools. In 2023, the reusable tools segment is expected to account for the largest share of the global surgical power tools market due to the need for cost efficiency and minimizing waste.

Based on end user, the hospitals segment is expected to account for the largest share of the global surgical power tools market in 2023. The large market share of this segment is attributed to the growing demand for orthopedic and neurological disorders. Hospitals are the first lines of approach to patients suffering from any disorder. Geographic Review

This research report analyzes major geographies and provides a comprehensive analysis of North America (U.S. and Canada), Europe (Germany, France, U.K., Italy, Spain, and the Rest of Europe), Asia-Pacific (China, Japan, India, and the Rest of Asia-Pacific), Latin America (Brazil, Mexico, and Rest of Latin America), and Middle East & Africa. Key Players

In 2023, North America is expected to account for the largest share of the global surgical power tools market. The growth of this market in North America is primarily driven by the high adoption of advanced surgical instruments and growing preferences for minimally invasive surgeries. Furthermore, increasing number of surgeries due to chronic diseases and favorable reimbursement scenario also support the market growth in the region.

Key Players

The key players operating in the global surgical power tools market are Medtronic Plc (Ireland), ConMed Corporation (U.S.), B. Braun Melsungen AG (Germany), Zimmer Biomet Holdings, Inc. (U.S.), Johnson & Johnson (U.S.), Stryker Corporation (U.S.), De Soutter Medical Limited (U.K.), AlloTech Co. Ltd. (South Korea), Smith & Nephew plc (U.K), and NOUVAG AG (Switzerland). Download PDF Brochure @ https://www.meticulousresearch.com/download-sample-report/cp_id=5399

Key questions answered in the report-

Which are the high-growth market segments in terms of product, application, usage, end user, and regions/countries?

What was the historical market for surgical power tools across the globe?

What are the market forecasts and estimates for the period 2023–2030?

What are the major drivers, restraints, challenges, opportunities, and trends in the global market of surgical power tools?

Who are the major players in the global surgical power tools market?

What is the competitive landscape, and who are the market leaders in the global surgical power tools market?

What are the recent developments in the surgical power tools market?

What are the different strategies adopted by the major players in the surgical power tools market?

What are the geographical trends and high-growth regions/countries?

Contact Us: Meticulous Research® Email- [email protected] Contact Sales- +1-646-781-8004 Connect with us on LinkedIn- https://www.linkedin.com/company/meticulous-research

#surgical power tool #surgical Orthopedic surgery #Neuro surgery #Dental Surgery #Craniomaxillofacial surgery #ENTSurgery

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delvenservices · 11 months

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Sternal Closure Systems Market projected to reach USD 3.17 billion by 2030

Sternal Closure Systems Market, By Product (Wires, Plates and Screws, Bone Cement, Cable, Clips, Others), Procedure (Median Sternotomy, Hemisternotomy, Bilateral Thoracosternotomy), Material (Stainless Steel, Polyether Ether Ketone, Titanium), Fixation Techniques (Wiring Fixation Techniques, Plate-Screw Systems, Interlocking Systems, Cementing, Vacuum Assisted Closure), End Users (Hospitals, Specialized Surgical Centres) and region (North America, Europe, Asia-Pacific, Middle East and Africa and South America).

Market Overview

The global Sternal Closure Systems market size was estimated at USD 2.1 billion in 2023 and is projected to reach USD 3.17 billion in 2030 at a CAGR of 5.3% during the forecast period 2023-2030.

Sternal closure systems refer to the systems that are used in the fixation and stabilization of fractures of the anterior chest wall. The systems widely utilized in sternal fixation following sternal reconstructive surgical procedures for the purpose of promoting fusion.

The growth of the industry is driven by the increase in cardiac and thoracic surgeries, the introduction of innovative sternal closure systems and the increase in the number of elderly people worldwide. In addition, median sternotomy provides easy and quick access to heart valves and blood vessels, making it one of the most feasible sternal closure procedures.

The widespread use of innovative closure techniques due to the increase in the number of cardiothoracic surgical procedures can also be explained by the increase in the number of elderly people undergoing open heart surgery via median antrectomy. Because of its simplicity and rapid access to the valves and blood vessels, the median sternotomy remained the most commonly used method to expose the heart cavity. Accelerating technological improvements, including the use of biocompatible polymers such as polyether ether ketone (PEEK) and kryptonite bone cement, as well as pre-sternotomy plates and the emergence of minimally invasive median sternotomy procedures, are also likely to drive the expansion of the industry. The demand for surgical instruments has increased dramatically due to the increase in the number of surgical operations worldwide. In addition, the older population is at greater risk of cardiovascular disease due to poor diet and lack of exercise.

In addition, due to the increase in non-communicable diseases and serious injuries, developing countries also spend significantly on public medical infrastructure, which in turn significantly increases the number of surgical procedures here.

COVID-19 significantly affected the growth of the sternal closure system market due to strict lockdown regulations and shortage of sternal closure products in the early stages of the pandemic. Healthcare providers were also working with COVID-19 patients, access was limited to primary care, and the temporary closure of cardiology centers severely limited sternal procedures. According to a BMC study published in March 2021, a global study showed a 50% reduction in cardiac surgery during the pandemic and a 50% reduction in cardiac and intensive care beds in 2020. So, the impact is significant, cardiac surgery also had a significant impact on the sternal closure system, which contributed to the growth of the market.

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Delvens Industry Expert's Standpoint

The pandemic had a considerable impact on businesses globally, with nations like India and China bearing the brunt of the virus's outbreak. Yet The Closure Devices industry dominated the global sternal closure systems market in 2021 and is anticipated to maintain its dominance throughout the forecast period. In 2021, the titanium devices had a sizable market share and are anticipated to increase at the fastest rate throughout the projection period. In 2021, North America dominated the global sternal closure systems market due to the presence of leading companies and the high prevalence of CVDs such as cardiac arrest and valvular heart disease in the zone.

Key Findings

The product segment is divided into closure devices and bone cement, with the former expected to maintain its dominant position in the industry; It also contributed the largest share of the revenue, 60% in 2022. The main drivers of that higher share are the introduction of new parts and the increase in surgical costs per capita in both developed and developing economies. Compared to bone cement, these devices had advantages such as reduced postoperative complications and infections. In addition, they have shown that patients recover faster. Moreover, this category is driven by the efforts of key players by introducing new technologies and products for breast closure.

The procedure segment is divided into hemisternotomy, bilateral thoracosternotomy, median sternotomy, and others. Of these, mediasteronotomy accounted for the largest share, approximately 55% in 2022. This procedure is the most common osteotomy in the world to allow easy access to the heart, lungs and surrounding structures during heart valve surgery and coronary artery bypass grafting. This is because it reduces the likelihood of problems such as skeletal complications, hardware problems including wire rotation or displacement; and postoperative infections. The incision allows access to both pleural spaces, making it useful for several thoracic procedures, including sternal goitre and esophagectomy.

The material segment is further bifurcated into stainless steel, polyether ketone and titanium. The titanium material dominated the demand for sternal closure systems, accounting for the majority of sales. Titanium's superiority can be attributed to its corrosion resistance, ability to efficiently enter human bones, and biocompatibility. Furthermore, titanium's non-ferromagnetic property, which enables patients with titanium implants to be examined safely under an MRI scan, is boosting the material's market penetration. Besides that, the high effectiveness, non-toxic quality, and reliability of titanium materials, and enhanced economic viability and profitability for innovative titanium clips and plates in both emerging and developed countries, are expected to boost the adoption of titanium-based sternal closure systems.

The market is also divided into various regions such as North America, Europe, Asia-Pacific, South America, and Middle East and Africa. North America is estimated to account for the largest market share during the forecast period. With a large group of patients and well-established medical insurance programs, North America accounted for the largest significant market share. Additionally, the market for sternal closure systems is being fueled by an increase in joint efforts made by several key players to enhance their product offerings and maintain high-quality standards.

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Regional Analysis

North America to Dominate the Market

North America is estimated to account for the largest market share during the forecast period because of the prevalence of heart-related disorders such as cardiac arrest and valvular heart disease within the region.

Competitive Landscape

Johnson & Johnson

DePuy Synthes

Zimmer Biomet Holdings (A&E Medical)

KLS Martin Group

Stryker

Acumed, LLC (Colson Medical, LLC)

Figure 8 Surgical

IDEAR S.R.L

Praesidia SRL

Kinamed Incorporated

Jace Medical

B Braun SE

Orthofix Holdings Inc

Abyrx Inc

Medical Devices Business Services, Inc.

Acute Innovations LLC

A&E Medical Corporation

Dispomedica

JEIL MEDICAL CORPORATION

Teleflex Incorporated

Changzhou Waston Medical Appliance Co., Ltd

Sklar Surgical Instruments

Recent Developments

• In 2022, Evonik Venture Capital announced its investment in CircumFix Solutions which is a Tennessee-based startup that developed a sternal closure device to improve patient recovery after open chest surgery. The device used n implant-grade polyetheretherketone (PEEK) from Evonik for better results.

• In 2021, NEOS Surgery presented their implantable surgical device known as STERN Fix which is made of a Carbon Peek Matrix at the 35th European Association for Cardio Thoracic Surgery (EACTS) annual meeting held from 13 to 16 October in Barcelona.

• In 2020, Zimmer Biomet announced the acquisition of A&E Medical for USD 250 Million which enhances Zimmer Biomet's Dental, Spine & Craniomaxillofacial, and Thoracic businesses.

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Reasons to Acquire

Increase your understanding of the market for identifying the most suitable strategies and decisions based on sales or revenue fluctuations in terms of volume and value, distribution chain analysis, market trends, and factors.

Gain authentic and granular data access for the Sternal Closure Systems Market to understand the trends and the factors involved in changing market situations.

Qualitative and quantitative data utilization to discover arrays of future growth from the market trends of leaders to market visionaries and then recognize the significant areas to compete in the future.

In-depth analysis of the changing trends of the market by visualizing the historic and forecast year growth patterns.

Report Scope

The Sternal Closure Systems Market is segmented into various segments such product, procedure, material, fixation technique, end user and region:

Based on Product

Closure Device

Wires

Plates and Screws

Cable

Clips

Others

Bone Cement

Based on Procedure

Median Sternotomy

Hemisternotomy

Bilateral Thoracosternotomy

Based on the Material

Stainless Steel

Polyether Ether Ketone

Titanium

Based on the Fixation Techniques

Wiring Fixation Techniques

Plate-Screw Systems

Interlocking Systems

Cementing

Vacuum Assisted Closure

Based on End Users

Hospitals

Specialized Surgical Centres

Based on region

Asia Pacific

Japan

China

India

Australia

South Korea

Vietnam

New Zealand

Philippines

Thailand

Malaysia

Hong Kong

Taiwan

Singapore

Indonesia

Sri Lanka

Rest of Asia-Pacific

North America

U.S.

Canada

Mexico

Europe

Germany

U.K.

France

Italy

Spain

Sweden

Austria

Finland

Belgium

Turkey

Russia

Poland

Hungary

Czech Republic

Switzerland

Netherlands

Rest of Europe

South America

Brazil

Argentina

Chile

Colombia

Rest of South America

Middle East & Africa

South Africa

U.A.E.

Saudi Arabia

Oman

Qatar

Iran

Egypt

Rest of Middle East and Africa

The prominent players in the Sternal Closure Systems market are

Johnson & Johnson

DePuy Synthes

Zimmer Biomet Holdings (A&E Medical)

KLS Martin Group

Stryker

Acumed, LLC (Colson Medical, LLC)

Figure 8 Surgical

IDEAR S.R.L

Praesidia SRL

Kinamed Incorporated

Jace Medical

B Braun SE

Orthofix Holdings Inc

Abyrx Inc

Medical Devices Business Services, Inc.

Acute Innovations LLC

A&E Medical Corporation

Dispomedica

JEIL MEDICAL CORPORATION

Teleflex Incorporated

Changzhou Waston Medical Appliance Co., Ltd

Sklar Surgical Instruments

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Delvens is a strategic advisory and consulting company headquartered in New Delhi, India. The company holds expertise in providing syndicated research reports, customized research reports and consulting services. Delvens qualitative and quantitative data is highly utilized by each level from niche to major markets, serving more than 1K prominent companies by assuring to provide the information on country, regional and global business environment. We have a database for more than 45 industries in more than 115+ major countries globally.

Delvens database assists the clients by providing in-depth information in crucial business decisions. Delvens offers significant facts and figures across various industries namely Healthcare, IT & Telecom, Chemicals & Materials, Semiconductor & Electronics, Energy, Pharmaceutical, Consumer Goods & Services, Food & Beverages. Our company provides an exhaustive and comprehensive understanding of the business environment.

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healthcaremarketfmi · 1 year

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Vessel-sealing Devices Market Growth, Latest Trends, Top Players, Competition, Technological Advancements, Outlook and Forecast 2033

Vessel-sealing devices are predicted to have a market share of US$ 1,645.90 million in 2023 and a market net worth of US$ 3,896.44 million by 2033. The market for vessel-sealing devices is anticipated to grow at a CAGR of 9%. It has been found that vessel-sealing devices are more effective in several fields, such as laparoscopic surgery, neck surgery, and axillary dissection. This is expected to drive the vessel-sealing market, which is expected to dominate the healthcare market in the coming years.

With the advancement of surgical devices and increasing FDA approvals for vessel-sealing devices, the market for vessel-sealing devices is expected to grow during the forecast period.

With fewer blood loss complications and less operating time, surgeons have improved safety and efficiency. Technological advancements in surgical devices and FDA guidelines regarding vessel-sealing devices are likely to drive the growth of the market.

Surgical procedures, product developments, and minimally invasive surgery are few of the main drivers of this market.

Key Takeaways:

The vessel-sealing devices market is expected to increase at a notable CAGR of 9% North America is a prominent market for vessel-sealing devices and is estimated to expand at a CAGR of 4.5% in the forecast period. The United States is projected to account for 75%of the North American vessel-sealing devices market. Hospitals and specialty clinics are expected to account for a prominent share of the market and rise at a CAGR of 4.86%.

Competitive Landscape

Manufacturers of vessel-sealing devices implement a variety of strategies to meet the needs of domestic and international customers as part of their competitive strategy. To satisfy the needs of domestic and international customers, companies such as Medtronic PLC maintain a steady emphasis on research and development to minimize risk during operations. Furthermore, to gain an advantage over their competition, key players continue to develop products through acquisition, partnerships, and innovation.

Key companies in the market include Medtronic PLC, B Braun Melsungen AG, and Erbe Medical India Pvt. Ltd, Olympus Corporation, Ethicon US LLC (Johnson & Johnson), Boston Scientific Corporation, BOWA-electronic GmbH & Co. KG, OmniGuide Holdings Inc., CONMED Corporation, Bolder Surgical Holdings Inc, and others.

For More Information: https://www.futuremarketinsights.com/reports/vessel-sealing-devices-market

Recent Developments

Olympus Corporation, a Japan-based manufacturer, offers Thunderbeat instrument lineups for endoscopic and open surgery. The device uses ultrasonic energy for fast and precise dissection. In September 2022, Olympus expanded its global footprint with an investment of US$ 34 million in Coimbra, Portugal. Ethicon’s Enseal X1 Curved Jaw Tissue Sealer was released in June 2021. This product is used for gynecological, thoracic, bariatric, and colorectal procedures. Bolder Surgical, a developer and manufacturer of energy vessel sealing surgical devices, was acquired by Hologic Inc., a medical technology company, in October 2021 for US$ 160 million, to broaden their surgical portfolio.

Market Segments Covered in Vessel-Sealing Devices Market Analysis

By Application, the Vessel-sealing Devices Market is Segmented as:

General Surgery

Laparoscopic Surgery

By End User, the Vessel-sealing Devices Market is Segmented as:

Hospitals & Specialty Clinics

Ambulatory Surgical Centers

By Region, Vessel-sealing Devices are Segmented as:

North America

Latin America

Europe

The Middle East and Africa

East Asia

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impossibledeanmakerwombat · 1 year

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Vessel-sealing Devices Marketto Latest Research, Industry Analysis, Driver, Trends, Business Overview, Key Value, Demand And Forecast 2023 to 2032

The vessel-sealing devices market share is estimated to reach US$ 1,645.90 million in 2023 and the market net worth is forecast to reach over US$ US$ 3,896.44 million by 2033. The global vessel-sealing devices market is expected to register a CAGR of 9%.

It has been found that vessel-sealing devices are more effective in several fields, such as laparoscopic surgery, neck surgery, and axillary dissection. This is expected to drive the vessel-sealing market, which is expected to dominate the healthcare market in the coming years.

With the advancement of surgical devices and increasing FDA approvals for vessel-sealing devices, the market for vessel-sealing devices is expected to grow during the forecast period.

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Surgical procedures, product developments, and minimally invasive surgery are a few of the main drivers of this market.

Key Takeaways:

The vessel-sealing devices market is expected to increase at a notable CAGR of 9%

North America is a prominent market for vessel-sealing devices and is estimated to expand at a CAGR of 4.5% in the forecast period.

The United States is projected to account for 75%of the North American vessel-sealing devices market.

Hospitals and specialty clinics are expected to account for a prominent share of the market and rise at a CAGR of 4.86%.

Competitive Landscape

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Recent Developments

Olympus Corporation, a Japan-based manufacturer, offers Thunderbeat instrument lineups for endoscopic and open surgery. The device uses ultrasonic energy for fast and precise dissection.

In September 2022, Olympus expanded its global footprint with an investment of US$ 34 million in Coimbra, Portugal.

Ethicon’s Enseal X1 Curved Jaw Tissue Sealer was released in June 2021. This product is used for gynecological, thoracic, bariatric, and colorectal procedures.

Bolder Surgical, a developer and manufacturer of energy vessel sealing surgical devices, was acquired by Hologic Inc., a medical technology company, in October 2021 for US$ 160 million, to broaden their surgical portfolio.

Market Segments Covered in Vessel-Sealing Devices Market Analysis

By Application

General Surgery

Laparoscopic Surgery

By End User

Hospitals & Specialty Clinics

Ambulatory Surgical Centers

By Region

North America

Latin America

Europe

The Middle East and Africa

East Asia

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data-bridge · 2 years

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Trocars Market Leading Brands and Business Opportunities

Industry Analysis

Trocars market is expected to gain market growth in the forecast period of 2021 to 2028. Data Bridge Market Research analyses the market to reach at a CAGR of 7.45% in the above-mentioned forecast period. Growing preference for minimally invasive surgeries drives the trocars market.

Additionally, the credible Trocars Market report helps the manufacturer in finding out the effectiveness of the existing channels of distribution, advertising programs, or media, selling methods and the best way of distributing the goods to the eventual consumers. Taking up such market research report is all the time beneficial for any company whether it is a small scale or large scale, for marketing of products or services. It makes effortless for healthcare industry to visualize what is already available in the market, what market anticipates, the competitive environment, and what should be done to surpass the competitor.

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Market Insights and Scope

Trocar is defined as a type of instrument which is used in surgeries to insert different surgical implements into blood vessel. They function as a portal for subsequent placement of numerous other instruments like staplers, scissors, graspers among others. Trocars can also be used to allow the escape of fluid or gas from organs within the body.

The wide-ranging Data Bridge market report covers an array of aspects of the market analysis which today’s businesses call for. This market document also defines a chapter on the global market and allied companies with their profiles, which provides important data pertaining to their insights in terms of finances, product portfolios, investment plans, and marketing and business strategies. This market research report is generated with a nice blend of industry insight, talent solutions, practical solutions and use of technology to advance user experience. An outstanding Data Bridge market report puts light on many aspects related to healthcare industry and market.

Get full access to the report: https://www.databridgemarketresearch.com/reports/global-trocars-market

Industry Segmentation

On the basis of product, trocars market is segmented into disposable trocars, reposable trocars, reusable trocars and accessories.

Based on tip, the trocars market is segmented into bladeless trocars, optical trocars, blunt trocars and bladed trocars.

Based on application, the trocars market is segmented into general surgery, gynaecological surgery, urological surgery, pediatric surgery and other.

The trocars market is also segmented on the basis of role of end-user into hospitals and other end users.

Market Country Level Analysis

The countries covered in the trocars market report are

U.S., Canada and Mexico in North America, Germany, France, U.K., Netherlands, Switzerland, Belgium, Russia, Italy, Spain, Turkey, Rest of Europe in Europe, China, Japan, India, South Korea, Singapore, Malaysia, Australia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific (APAC) in the Asia-Pacific (APAC), Saudi Arabia, U.A.E, South Africa, Egypt, Israel, Rest of Middle East and Africa (MEA) as a part of Middle East and Africa (MEA), Brazil, Argentina and Rest of South America as part of South America.

An influential Ligation Devices Market research report displays an absolute outline of the market that considers various aspects such as product definition, customary vendor landscape, and market segmentation. Currently, businesses are relying on the diverse segments covered in the market research report to a great extent which gives them better insights to drive the business on the right track. The competitive analysis brings into light a clear insight about the market share analysis and actions of the key industry players. With this info, businesses can successfully make decisions about business strategies to accomplish maximum return on investment (ROI).

Industry Share Analysis

The major players covered in the trocars market report are

Johnson & Johnson Services, Inc, Medtronic, B. Braun Melsungen AG, Applied Medical Resources Corporation, The Cooper Companies Inc., Teleflex Incorporated, CONMED Corporation, LaproSurge, Purple Surgical, GENICON, Bharat Surgical Co., ELMED Incorporated, Poly Medicure Limited, Jay Shakti Industries, Mortech Manufacturing Company Inc., NovaProbe Inc., Unimicro Medical Systems Co., Ltd., Unimax Medical Systems Inc. and Surkonmed. among other domestic and global players. Market share data is available for Global, North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South America separately. DBMR analysts understand competitive strengths and provide competitive analysis for each competitor separately.

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About Us:Data Bridge Market Research set forth itself as an unconventional and neoteric Market research and consulting firm with an unparalleled level of resilience and integrated approaches. We are determined to unearth the best market opportunities and foster efficient information for your business to thrive in the market

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#Trocars Market Growing Popularity and Traffic #Trocars Market Global Leading Brands and Businesses #Trocars Market drivers-advantages-restraints and challenges #Trocars Market Value-Segmentation-CAGR rate-Future Trends to 2028 #Trocars Market Demands-Size-Share-Top Trends #Trocars Market Industry Insights-Country-Competitors Research #Trocars Market Growth-Competition-Scenario-Outlook #Trocars Market Global Opportunity Analysis #Trocars Market 2028 by Product-Types-Procedure-Application-End User #Trocars Market Healthcare Industry

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industryinsightsandanalysis · 24 days

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Global Surgical Kits Market Size, Share & Market Analysis (2021 - 2027)

The Global Surgical Kits Market is projected to reach a valuation of US$ XX million by 2027, growing at a steady CAGR of XX% during the forecast period (2021-2027) from US$ xx million in 2019. Surgical kits typically comprise various tools and items required for specific types of procedures, such as laceration treatments, life-saving surgeries (e.g., heart or brain surgery), cosmetic surgeries, and exploratory surgeries.

The rising incidence of chronic diseases and the corresponding increase in surgical procedures are driving demand for surgical kits. Additionally, there is a growing trend towards minimally invasive surgeries, particularly among the elderly population. Innovations in the field, such as DIO Implant's DIOnavi surgical kit for digital implant dentistry, are also propelling market growth. Manufacturers are expanding production capabilities, focusing on TLIF/PLIF instruments, customized graphic trays, and modern designs like ROD reducers and silicon handles to meet healthcare providers' needs.

For a detailed analysis of market drivers in the Surgical Kits sector, visit – https://univdatos.com/report/surgical-kits-market

The increase in minimally invasive surgeries worldwide necessitates multiple surgical kits in hospitals. According to the International Society of Aesthetic Plastic Surgery, global face and head procedures rose by 13.5% in 2019 compared to 2018. The U.S. saw an 8.7% decrease in surgical procedures in 2019 but still performed the most procedures globally (15.9% of the total), as well as a significant share of nonsurgical procedures and injectables. Brazil led in surgical procedures with a 13.1% share and saw a 28% increase in nonsurgical procedures. The introduction of new surgical tools, like Vortex Surgical’s Convenience Kit, is contributing to market growth by offering convenience and operational efficiency to hospitals and surgery centers. Technological advancements are also leading to high-quality, efficient disposable surgical kits, which are more cost-effective than traditional reusable ones. For example, disposable forceps cost just US$38 per use compared to US$415 for reusable ones.

The COVID-19 pandemic has heightened the need for infection control, leading to a preference for disposable surgical instruments over reusable ones. This shift has benefited companies in the surgical kits market. Despite a general slowdown in surgical practices globally, companies are emphasizing the importance of proper hygiene and sanitization of surgical instruments. For instance, in 2020, Gesco Healthcare expanded its product portfolio to include sterilization trays, ROD grippers, holders, and bone probes.

Major players in the market include Kimberly-Clark Corporation, Medline Industries, Inc., Cardinal Health, Paul Hartmann AG, Hogy Medical, 3M, OneMed, Stradis Healthcare, Zimmer Biomet, and Molnlycke Healthcare AB.

The market is segmented by product type into Disposable and Reusable kits. In 2020, the Disposable segment led the market with a significant share due to their cost-effectiveness, elimination of cleaning and recycling processes, and reduced risk of infection. This increases hospital and surgical center efficiency. The demand for cost-effective and efficient medical devices has heightened the focus on single-use and disposable products. The market is further segmented by procedure type into Ophthalmology, Orthopedic, Neurosurgery, Cardiac Surgery, General Surgery, Gynecology, Urology, Ear, Neck, and Head surgeries, among others.

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The report also provides a detailed analysis of major regions, including North America (the U.S., Canada, Rest of North America), Europe (Germany, France, Spain, Italy, the United Kingdom, and Rest of Europe), Asia-Pacific (China, Japan, Australia, India, South Korea, and the Rest of APAC), and the Rest of the World. In 2020, North America dominated the market, with the U.S. facing a potential backlog of 1.1 million to 1.6 million cataract procedures by 2022. The U.S. Surgical Kits Market is expected to grow significantly during the forecast period.

#Surgical Kits Market #Surgical Kits Market Size #Surgical Kits Market Share #Surgical Kits Market Growth

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marketinsightshare · 2 years

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Blood Pressure Monitoring Devices Market - Forecast, 2022-2027

Blood Pressure Monitoring Devices Market size is estimated to reach $2.71 billion by 2027, growing at a CAGR of 9.8% during the forecast period 2022-2027. Blood Pressure Monitoring Devices traditionally refer to mercury sphygmomanometers. An inflatable cuff fastened to the blood pressure monitor is positioned around the patient's upper arm while the patient is seated beside a table by resting the arm on the table. A stethoscope is positioned below the cuff, around the inside of the elbow. Supervising cardiovascular function in severely sick patients in the emergency department (ED) is of predominant significance. Arterial pressure (AP) is normally supervised utilizing intermittent oscillometric measurements with an upper arm cuff. The vascular unloading technique (VUT) permits continuous noninvasive AP monitoring. The clinical reference technique for blood pressure monitoring in high-risk surgical patients and crucially sick patients is continuous invasive blood pressure measurement utilizing an arterial catheter system. An essential prerequisite for correct invasive blood pressure monitoring utilizing an arterial catheter system is an in-depth comprehension of the measurement principle, of blood pressure waveform quality criteria, and of typical traps that can misrepresent blood pressure readings. Mercury is utilized in blood pressure measurement in blood pressure monitors or sphygmomanometers. The device includes a mercury manometer in which mercury increases to a definite height in response to blood pressure. Mercury has conventionally been utilized in pressure measurements (in manometers) and in thermometers. Aneroid gauges record pressure by the bend of a diaphragm within the meter. Overpressurization, mechanical vibration, and shock received at the time of regular application can all bring about these gauges to record erroneously. Clinical personnel should be recommended to have the units inspected succeeding any abuse like an accidental drop that might have brought about the damage. This will minimize the risk of erroneous readings. The increasing predominance of hypertension owing to altered lifestyles is set to drive the Blood Pressure Monitoring Devices Market. The soaring demand for blood pressure monitors and aneroid gauges owing to the expanding population of the elderly and the heightened risk of lifestyle-related ailments amidst an extensive population ascribed to obesity and sedentary lifestyle is set to propel the growth of the Blood Pressure Monitoring Devices Market during the forecast period 2022-2027. This represents the Blood Pressure Monitoring Devices Industry Outlook.

Report Coverage

The report: “Blood Pressure Monitoring Devices Market Forecast (2022-2027)”, by Industry ARC, covers an in-depth analysis of the following segments of the Blood Pressure Monitoring Devices Market.

By Type: Automated Blood Pressure Monitors, Ambulatory Blood Pressure Monitors, Sphygmomanometers, Blood Pressure Transducers, Blood Pressure Instruments Accessories.

By End User: Hospitals And Clinics, Ambulatory Surgical Centers, Home, Others.

By Geography: North America (the U.S, Canada, and Mexico), Europe (Germany, France, UK, Italy, Spain, Russia and Rest of Europe), Asia-Pacific (China, Japan, South Korea, India, Australia & New Zealand, and Rest of Asia-Pacific), South America (Brazil, Argentina, Chile, Colombia, Rest of South America), and Rest Of The World (Middle East, Africa).

Key Takeaways

Blood Pressure Monitoring Devices Market Segment Analysis – By Type:

The Blood Pressure Monitoring Devices Market based on type can be further segmented into Automated Blood Pressure Monitors, Ambulatory Blood Pressure Monitors, Sphygmomanometers, Blood Pressure Transducers, and Blood Pressure Instruments Accessories. The Sphygmomanometers Segment held the largest market share in 2021. This growth is owing to the surging technological progress and the soaring novel product launches worldwide. Soaring innovations are taking place in aneroid gauge. The proliferating advantages of digital sphygmomanometers owing to their precise outcomes and effortless application are further propelling the growth of the Sphygmomanometers segment.

Furthermore, the Blood Pressure Transducers segment is estimated to grow with the fastest CAGR of 10.7% during the forecast period 2022-2027 owing to the soaring application of disposable blood pressure (BP) transducers which are planned to offer constant and precise readings of arterial and venous blood pressure assessments in animals of all sizes with no stopcock and for humans and big animals with stopcock apart from the application of aneroid gauge for humans.

Blood Pressure Monitoring Devices Market Segment Analysis – By End User:

The Blood Pressure Monitoring Devices Market based on end-user can be further segmented into Hospitals And Clinics, Ambulatory Surgical Centers, homes, and Others. The Hospitals And Clinics Segment held the largest market share in 2021. This growth is owing to the existence of an enormous pool of hypertensive patients worldwide. Aneroid gauge is being utilized to measure blood pressure. The soaring acceptance of blood pressure monitoring devices which are affordable, fast, and precise diagnostic tools for superior health results is further propelling the growth of this segment.

Furthermore, the Home segment is estimated to grow with the fastest CAGR of 10.9% during the forecast period 2022-2027 owing to the surging application of home healthcare owing to the great cost-effectiveness of this option for blood pressure monitoring right at home in conjunction with the accessibility of smart wearables that provide mobility and the surging preference for independent living apart from the application of aneroid gauge.

Blood Pressure Monitoring Devices Market Segment Analysis – By Geography:

The Blood Pressure Monitoring Devices Market based on geography can be further segmented into North America, Europe, Asia-Pacific, South America, and the Rest of the World. North America (Blood Pressure Monitoring Devices Market) held the largest share with 39% of the overall market in 2021. The growth of this region is owing to the greatly regulated and well-entrenched healthcare infrastructure in the region. The surging financing and demand for blood pressure monitors including aneroid gauges owing to a heightened burden of hypertensive patients are further driving the growth of the Blood Pressure Monitoring Devices Market in this region. The existence of key players like Omron Healthcare in the U.S. in the region is further propelling the growth of the Blood Pressure Monitoring Devices Market in the North American region.

Furthermore, the Asia-Pacific region is estimated to be the region with the fastest CAGR rate over the forecast period 2022-2027. This growth is owing to factors like accelerated financing by principal firms in developing economies in the Asia-Pacific region. The enhanced healthcare facilities employing aneroid gauge increased predominance of hypertension, and surging awareness regarding high blood pressure is further fuelling the progress of the Blood Pressure Monitoring Devices Market in the Asia-Pacific region.

Blood Pressure Monitoring Devices Market Drivers

Soaring Innovations In Aneroid Gauge Are Projected To Drive The Growth Of Blood Pressure Monitoring Devices Market:

Aneroid blood pressure gauges may be utilized owing to the absence of mercury in them. Though contemporary aneroid gauges are typically precise and trustworthy, users require to remember that the efficient function of these tools relies considerably on periodic inspection. Aneroid gauge registers pressure by the bend of a diaphragm on the inside of the meter. In bustling medical surroundings where machinery requires to be strong, Welch Allyn aneroid sphygmomanometers including shock-resistant DuraShock® technology maintain blood pressure gauges securely precise and calibrated lengthier in comparison with conventional aneroid sphygmomanometers. Welch Allyn DuraShock™ blood pressure gauges are characterized by progressive gear-free technology, the earliest principal innovation in aneroid technology in almost 100 years. Precise blood pressure readings may be kept up with reduced lifetime cost with Welch Allyn DuraShock Technology. The soaring innovations of aneroid gauges are therefore fuelling the growth of the Blood Pressure Monitoring Devices Market during the forecast period 2022-2027.

Surging Digital Health Innovations Pertaining To Hypertension Are Expected To Boost The Demand Of Blood Pressure Monitoring Devices Market:

Apart from innovations in aneroid gauge, digital health innovations are also propelling the growth of the Blood Pressure Monitoring Devices Market. Digital health innovations pertaining to hypertension principally include wireless smartphone-based upper arm blood pressure monitors, cuffless blood pressure sensors, remote monitoring technologies and user-friendly mobile applications. These tools hold the promise to improve regulation of hypertension together with adherence to medicines by way of superior connectivity with clinicians and reminder alerts for medicines. In January 2021, Valencell, declared that its pioneering calibration-free, cuffless blood pressure (BP) technology for wearables is currently capable of being utilized in tools worn on the finger and wrist. The technology, which delivers cuff-like BP precision to additional parts of the body, was declared earliest in January 2020 for hearables, hearing aids and additional ear-based instruments. This most-recent progress considerably extends the count of device form factors to embed the technology, inclusive of smartwatches, fitness bands, patches and pulse oximeter finger clips. These kinds of surging innovations pertaining to hypertension are driving the growth of the Blood Pressure Monitoring Devices Market during the forecast period 2022-2027.

Blood Pressure Monitoring Devices Market Challenges

Challenges Of Blood Pressure Self Measurement (BPSM) Are Hampering The Growth Of The Blood Pressure Monitoring Devices Market:

Blood Pressure Self Measurement (BPSM) needs patients to adhere to a series of recommendations to be regarded as trustworthy for diagnostic application. Recommendations are as follows:

The patient must be adequately relaxed and seated precisely prior to and at the time of the evaluation.

The patient must reside in a calm environment and must not speak at the time of the evaluation.

Recommendations change between the distinct nations. However, typically they deal with identical fundamental contents. Challenges of blood pressure self-management include current devices not ensuring that the recommendations are being adhered to, the inability of healthcare providers to confirm if self-monitoring patients adhere to the recommendations, patients not being acquainted with all the recommendations and the requirement to adhere to them, the hazard of patient-activated reporting bias, the hazard of healthcare provider activated data transfer bias and hazard of data being registered as belonging to the incorrect patient. These issues are hampering the growth of the Blood Pressure Monitoring Devices Market.

Blood Pressure Monitoring Devices Market - Landscape:

Product launches, mergers and acquisitions, joint ventures, and geographical expansions are key strategies adopted by players in the Blood Pressure Monitoring Devices Market. Key companies of this market are:

Omron Healthcare

GE Healthcare

Welch Allyn, Inc.

A&D Medical Inc.

SunTech Medical, Inc.

Withings

Kaz Inc.

Microlife AG

Rossmax International Ltd.

Spacelabs Healthcare Inc.

Recent Developments

In November 2021, GE aimed radiology effectiveness with novel product launches. GE Healthcare is introducing novel products across a series of medical imaging modalities at RSNA 2021, with a typical theme: making radiology departments and imaging centers more effective. The launches involve a novel MRI family and a novel CT scanner.

In November 2021, it was reported that GE Healthcare doubled down on Artificial Intelligence (AI) with novel product introductions, partnerships with Optellum and Cambridge. As GE readies to spin off its healthcare business into a segregated entity, the soon-to-be standalone firm is forging ahead in its pursuit to establish a wide series of artificial intelligence instruments planned to overhaul and revamp existing hospital practices. At the Radiological Society of North America’s continuous yearly meeting, GE Healthcare not only revealed dozens of novel digital solutions to enhance patient screening, diagnostics, treatment, and monitoring but also contributed additional attention to numerous AI-powered technologies the firm has debuted in current months.

In February 2020, GE Healthcare launched a novel cybersecurity service offering that brings together medical device expertise, artificial intelligence, and process administration tools to assist hospital groups in their battle against cybersecurity threats. The novel solution, termed Skeye, strengthens hospitals’ existing resources and capacities by offering proactive supervision by way of a remote security operations center (SOC) – assisting them in discovery, investigation, and response to cybersecurity threats and events in real-time. As more appliances become connected, cybersecurity hazard surges – and security incidents can deeply impact an organization’s productivity, finances, quality of care, and reputation.

#Blood Pressure Monitoring Devices Market share #Blood Pressure Monitoring Devices Market size #Blood Pressure Monitoring Devices Market forecast

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5545321 · 5 months