Medical Equipment Industry Overview

It covers information about diabetes, the condition for which blood glucose strips are used, diabetes prevalence across different countries, different types of blood glucose test strips, their features, main application areas, the distribution landscape, value chain analysis, end-users and prices. It also describes the key segments of the blood glucose test strip market.

Nephrology and urology devices are used in the treatment and diagnosis of diseases related to kidney (Nephrology) and genitourinary system including urinary tract systems of both genders and male reproductive system problems (Urology). Most commonly occur diseases related to those systems are chronic kidney diseases (CKD), kidney stones, end stage renal disease (ESRD), urinary incontinence, pelvic organ prolapse and benign prostatic hyperplasia (BPH).

Neurology devices are designed to aid diagnose, prevent, monitor and treat a variety of neurological disorders and conditions such as Parkinson’s disease, Alzheimer’s disease, epilepsy, major depression, spinal cord and traumatic brain injuries.

ENT devices are used for diagnosis, surgery and treatment of any kind of diseases related to ear, nose and throat and thereby correct the problems related to hearing, snoring, smelling or speaking. Diseases can include hear loss, chronic ear disease, airway stenosis, airway tumors, cancer, feeding and swallowing disorders, mastoiditis, voice disorders (Dysphonia), sinusitis and others. Some of the popular ENT devices available in the market are endoscopes, hearing aids, hearing implants, handheld surgical instruments, balloon sinus dilation devices, CO2 lasers, image-guided surgery systems, ear tubes, and voice prosthesis devices.

Orthopedic devices are used for restoring skeletal structure and joint movements in various fractures, abnormal growth of bones, soft tissue damage, trauma or other deformities. These devices are implanted by surgical procedures or can be externally attached through minimally invasive procedures. Orthopedic devices can be classified as joint implants, internal and external fixation devices.

Wound care devices and products are used to prevent infection and promote healing of the wound. The industry mainly consists of establishments engaged in manufacturing wound care devices and products for the treatment of wounds caused by mechanical, chemical, thermal, and radiogenic trauma; and wounds that occur due to diseases such as diabetes, skin related diseases, immunological diseases, and other chronic diseases.

The diabetes care devices industry manufactures blood glucose monitoring devices and insulin delivery devices. Diabetes care devices are designed to diagnose, monitor or manage type I and type II diabetes mellitus. Diabetes is a chronic disease that occurs either when the pancreas does not produce enough insulin or when the body cannot effectively use the insulin it produces. Insulin is a hormone that regulates blood sugar.

The global anesthesia and respiratory devices market is segmented into respiratory devices and anesthesia devices. The respiratory devices segment accounts for a major share in the market due to its wide usage in healthcare institutions, home healthcare and ambulances, compared to anesthesia devices. Rising incidences of obstructive sleep apnea, chronic obstructive pulmonary diseases among aging population are the driving factors in the global anesthesia and respiratory devices market. Rising healthcare expenditures, medical tourism, and emerging economies provide growth opportunities these devices in the market.