Latest Trends In Worldwide Medical Devices Market Forecasts

The demand for medical devices, including capital equipment and consumables, is rising in both developed and developing nations due to the increased prevalence of inpatient admissions and the rising number of surgical and diagnostic procedures.

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Due to the existence of several market participants on a global and regional level, the global market for medical devices is extremely fragmented.

Among these businesses, Medtronic has the biggest market share thanks to its wide range of products and well-known reputation on the international stage.

RECENT TECHNOLOGICAL TRENDS

Artificial intelligence:
NVIDIA today announced a partnership with Medtronic, the world's leading healthcare technology supplier, to accelerate the development of artificial intelligence in the healthcare system and introduce innovative AI-based solutions into patient care.

Wearable technology:
3M has introduced a new medical adhesive that can adhere to the skin for up to 28 days and is intended for use with a wide range of health monitors, sensors, and long-term medical wearables.

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Robotics:
Asensus Surgical revealed Luna, its next-generation surgical robot platform. It includes a cutting-edge surgical platform and instruments, as well as real-time intraoperative clinical information.

The third component is a secure cloud platform that uses machine learning to provide clinical insights. Luna allows Asensus' concept of performance-guided surgery by providing cutting-edge magnification with haptic feedback

3D printing:
Axial3D has announced the establishment of a new medical 3D printing excellence facility in Belfast, Northern Ireland. Axial3D's cloud-based segmentation service, which converts 2D medical photos into patient-specific 3D models, will power the facility.

COMPANY PROFILE

DePuy Synthes
Medtronics Plc
Fesenius Medical Care
GE Healthcare
Philips Healthcare
Ethicon LLC
Siemens Healthineers
Stryker
Cardinal Health
Baxter International Inc.
BD
Johnson & Johnson
Abbott Laboratories
Abiomed Inc.
Accuray Inc.
Boston Scientific Corp.
Panasonic

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THIS REPORT WILL ANSWER FOLLOWING QUESTIONS

How many medical devices are manufactured per annum globally? Who are the sub-component suppliers in different regions?
Cost breakup of a Global medical devices and key vendor selection criteria
Where are the medical devices manufactured? What is the average margin per unit?
Market share of Global medical devices market manufacturers and their upcoming products
Cost advantage for OEMs who manufacture Global medical devices in-house
key predictions for next 5 years in Global medical devices market
Average B-2-B medical devices market price in all segments
Latest trends in medical devices market, by every market segment
The market size (both volume and value) of the medical devices market in 2023-2030 and every year in between?
Production breakup of medical devices market, by suppliers and their OEM relationship

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