The internet of things and smart electronics will drive the next phase of growth in the medical devices industry globally. Rising geriatric population and Home-based care are proving conducive to the growth of the medical device industry. While large companies continue to report new progress, regulatory approvals continue to remain a long-winded process. Small scale companies in the medical devices industry have their exclusive set of challenges, with difficulty in obtaining funding being the key impediment to growth. On the other hand, large-scale companies will have to brave headwinds in the form of pricing pressures and acute monitoring by regulatory agencies.
Companies in the Asia Pacific and North America medical devices industry are more assured about their growth prospects than their counterparts in Europe. This is chiefly because of the dull economic growth exhibited by European countries in the recent past. Sales gains are expected to remain modest in medical device markets that hold a positive outlook.
According to our (Global Info Research) latest study, the global Biological Indicator for Dry Heat market size was valued at USD million in 2022 and is forecast to a readjusted size of USD million by 2029 with a CAGR of % during review period. The influence of COVID-19 and the Russia-Ukraine War wer [...]
READ MOREAccording to our (Global Info Research) latest study, the global Electronic Pill Box Dispenser market size was valued at USD million in 2022 and is forecast to a readjusted size of USD million by 2029 with a CAGR of % during review period. The influence of COVID-19 and the Russia-Ukraine War were co [...]
READ MOREThe global Electronic Pill Box Dispenser market size is expected to reach $ million by 2029, rising at a market growth of % CAGR during the forecast period (2023-2029). This report studies the global Electronic Pill Box Dispenser production, demand, key manufacturers, and key regions. This report is [...]
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READ MOREAccording to our (Global Info Research) latest study, the global Cooling Vests for Surgeons market size was valued at USD million in 2022 and is forecast to a readjusted size of USD million by 2029 with a CAGR of % during review period. The influence of COVID-19 and the Russia-Ukraine War were consi [...]
READ MOREThe global Podiatry Equipment Accessories market size is expected to reach $ million by 2029, rising at a market growth of % CAGR during the forecast period (2023-2029). This report studies the global Podiatry Equipment Accessories demand, key companies, and key regions. This report is a detailed an [...]
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