TechNavio today launched its Global Medical Devices Market 2011“2015 report based on an in-depth study covering the Americas and the EMEA and APAC regions. The report aims to aid decision makers™ understanding of the present and the future landscape of the market.
Commenting on the report, an analyst from TechNavio™s Healthcare team said, As a result of changes in lifestyle and eating habits, people are becoming more prone to various diseases. Currently, more emphasis is given to disease prevention, and medical devices are used in all Healthcare segments for diagnosis and in the treatment of medical conditions. There is a significant rise in the global expenditure on healthcare services and, hence, the Medical Devices market is likely to grow in the future.
According to the report, the present trend in the Medical Devices industry is the increasing use of minimally invasive surgery (MIS), which is gaining popularity because of its advantages such as less pain, faster recovery, smaller incisions, reduced blood loss, and cost saving. However, a surgeon performing MIS needs to possess sufficient skills because the process involves restricted vision, difficulty in handling instruments, and the need for a high level of hand“eye coordination. Advanced medical devices such as endoscopy, biopsy, and diabetes devices are MIS-based. This trend is expected to have a high positive impact on the market in the short term.
The report also reveals that a key challenge for the Global Medical Devices market is the variety of regulations for medical devices across countries.
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to a SWOT analysis of the key players.
TechNavio, the market research platform of Infiniti Research Ltd., publishes periodic reports on niche and emerging technologies. For further information, please visit https://www.technavio.com/content/global-medical-devices-market-2011-2015
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TechNavio Announces the Publication of its Report “ Global Medical Devices Market 2011“2015
