Showing posts with label Smiths Medical. Show all posts
Showing posts with label Smiths Medical. Show all posts

Thursday 1 November 2018

Disposable Medical Sensors Market Expected To Trigger A Revenue Increase To 12.3 Billion By 2025:Key Participant Smiths Medical, Analog Devices


San Francisco, 01 November 2018 , The global disposable medical sensors market is expected to reach USD 12.3 billion by 2025, according to a new report by Grand View Research, Inc. Increasing prevalence of chronic diseases has been observed to be a major factor driving growth which is demanding for better healthcare service provision by high quality diagnostic and monitoring devices. These devices will enable patients to self-monitor and along with easy and affordable usage. In addition, the rapidly rising technological advancements is expected to bring in innovation in medical sensors.
The market is also being driven by government initiatives to fund and encourage R&D which in turn will help in launching innovative products. For instance, the government of India increased the health expenditure from 1.4% to 2.5% for innovations, and other healthcare services. Innovations in medical sensors not only instill ease of use but also assist in making the device portable and automated.
On the basis of product, the biosensor segment is accounted to be the spearhead in 2016 and is expected to maintain its dominance over the forecast period. This can be attributed to the rising demand for rapid and accurate diagnostic kit. Development of such diagnostic tools is expected to further create new growth opportunities for biosensors, thereby supporting growth of the disposable medical sensors market. Launching of new products are expected to fuel market growth. For instance, Raiing Medical launched wearable thermometer in 2016 that is rechargeable and waterproof. Similarly, MEMSIC Inc. launched new pressure sensor in 2017 which is used in breath detection.
Full Research Report On Disposable Medical Sensors Market Analysis:
www.grandviewresearch.com/industry-analysis/disposable-medical-sensors-industry

Further Key Findings From the Report Suggest:
·         Globally, disposable medical sensors witnessed lucrative growth in 2016 and are expected to grow at a CAGR of 10.2% from 2017 to 2025
·         Biosensor segment has been observed to be the largest product segment in 2016 and is estimated to generate revenue of over USD 6.03 billion by 2025
·         On the basis of application, the diagnostic segment is expected to dominate the market space. This is attributed to the increasing incidence of various infectious and other chronic conditions, along with the growing awareness among the population.
·         The industry in Asia Pacific is expected to witness substantial growth over the next decade owing to the increasing incidence of diseases and the geriatric population with high unmet healthcare needs.
·         Some of the key players in this industry are Medtronic, Philips, GE Healthcare, OmniVision Technologies, Sensiorion AG, Smiths Medical, and Analog Devices.
Browse More Reports Of This Category By Grand View Research At:  www.grandviewresearch.com/industry/medical-devices
Grand View Research has segmented the global disposable medical sensors market on the basis of product, distribution channel, end use, and region:
Product Outlook (Revenue, USD Million, 2014 - 2025)
·         Biosensors
·         Pressure sensors
·         Accelerometer sensors
·         Temperature sensors
·         Image sensors
Type Outlook (Revenue, USD Million, 2014 - 2025)
·         Strip sensors
·         Wearable sensors
·         Implantable sensors
·         Invasive sensors
·         Ingestible sensors
Application Outlook (Revenue, USD Million, 2014 - 2025)
·         Diagnostic
·         Therapeutic
·         Patient monitoring
Regional Outlook (Revenue, USD Million, 2014 - 2025)
·         North America
o    U.S.
o    Canada
·         Europe
o    Germany
o    U.K
·         Asia Pacific
o    China
o    Japan
·         Latin America
o    Brazil
o    Mexico
·         Middle East Asia
o    South Africa
o    Saudi Arabia


About Grand View Research
Grand View Research, Inc. is a U.S. based market research and consulting company, registered in the State of California and headquartered in San Francisco. The company provides syndicated research reports, customized research reports, and consulting services. To help clients make informed business decisions, we offer market intelligence studies ensuring relevant and fact-based research across a range of industries, from technology to chemicals, materials and healthcare.
For more information: www.grandviewresearch.com/


Friday 26 October 2018

Airway Management Devices Market Revenue Is To Reach A Value Of $2.1 Billion Forecast Till 2025: Grand View Research, Inc.


The global airway management devices market is expected to reach USD 2.1 billion by 2025, according to a new study by Grand View Research, Inc. The growing prevalence of chronic respiratory diseases is a high impact rendering growth driver for this market. This increasing prevalence is presumed to be driving the clinical urgency to adopt airway management devices in order to improve the existing ventilation solutions and prevent conditions such as laryngospasms as well as reduce long-term cost associated with the conventional methods.
In addition, advent of new-generation devices that incorporate a wide array of fiber optic, optical, video, and mechanical technologies to facilitate better view of and help management of difficult airways are gaining popularity. For instance, video laryngoscopes, which allow real-time and enhanced visualization, are rapidly becoming first-line measure in emergency care for efficient difficult airway management in hospitals as well as outpatient settings. The benefits of consistent technological advancements include improved optics, better aspiration capabilities, battery-powered light sources, increased angulation capabilities, and improved reprocessing procedures. The aforementioned benefits are anticipated to present the market with lucrative growth opportunities during the forecast period.
Access Full Research Report on Airway Management Devices Market:

Further key findings from the study suggest:

·         Supraglottic segment is expected to exhibit lucrative growth during the forecast period. The exponential growth can be attributed to increasing adoption of laryngeal masks in wide range of clinical applications, such as cardiopulmonary resuscitation and other medical emergencies
·         Emergency medicine is anticipated to exhibit lucrative CAGR during the forecast period owing to increasing significance of these devices in rapid sequence intubation
·         In 2016, North America held a dominant share of the global market as a consequence of local presence of prominent market players working toward extensive commercialization of their product portfolio
·         Asia Pacific is anticipated to grow at an exponential CAGR due to unmet patient needs, continuous technological & infrastructural upgradation, and increasing healthcare expenditure
·         The key participants such as Ambu A/S, Teleflex, Smiths Medical, Medtronic, Intersurgical, Armstrong Medical Limited and Becton Dickinson and Company are employing sustainability strategies to gain competitive advantage.
·         For instance, in September 2016, Ambu A/S completed the acquisition of ETView Medical Ltd., a medical device manufacturer. The acquisition was carried out to cater unmet patient needs and provide advanced products that allow continuous airway monitoring
·         Grand View Research has segmented the airway management devices market on the basis of product, application, end use, and region:
Airway Management Devices Product Outlook (Revenue, USD Million, 2014 - 2025)
·         Supraglottic Devices
o    Oropharyngeal Devices
o    Nasopharyngeal Devices
o    Laryngeal Airway Masks
o    Others
·         Infraglottic Devices
o    Endotracheal Tubes
o    Tracheostomy Tubes
o    Others
·         Resuscitators
·         Laryngoscopes
·         Others
Airway Management Devices Application Outlook (Revenue, USD Million, 2014 - 2025)
·         Anesthesia
·         Emergency Medicine
·         Others
Airway Management Devices End-Use Outlook (Revenue, USD Million, 2014 - 2025)
·         Hospitals
·         Homecare
·         Others
View press release of this research report by Grand View Research:

About Grand View Research
Grand View Research, Inc. is a U.S. based market research and consulting company, registered in the State of California and headquartered in San Francisco. The company provides syndicated research reports, customized research reports, and consulting services. To help clients make informed business decisions, we offer market intelligence studies ensuring relevant and fact-based research across a range of industries, from technology to chemicals, materials, and healthcare.
For more information: www.grandviewresearch.com