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16 Dec 2022  |  North America  |  Market Research

Global Respiratory Monitoring Solutions Witness Technological and Business Model Evolution

Future Growth Potential of Respiratory Devices due to Their Rising Demand in Home Care Settings

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The COVID-19 pandemic significantly increased the demand for respiratory devices, such as ventilators, oxygen concentrators, and pulse oximeters. In addition, home care device demand rose due to the growing burden on healthcare resources, and it is estimated to drive the respiratory device market. Across the world, more than 900, 330, and 380 m...

The global medical devices market is currently witnessing disruption, led primarily by two key factors: increasing digitization of healthcare delivery and the transition of care settings to locations outside the hospital. There is an increased use of digital technology across the healthcare value chain, and companies operating in data analytics, ar...

This Frost & Sullivan study analyzes the respiratory devices market, including market estimates, forecasts, growth rates, trends, challenges, and drivers. The base year for the research is 2023 and market sizing is from 2020 to 2027. In 2020, the COVID-19 pandemic spurred sudden growth in demand for respiratory devices and exposed various challenge...

Bionic devices are mechatronic or electronic platforms that can perform the physical and biological functions of body parts or organs that are lost or damaged because of chronic conditions or accidents. Patients that suffer complete vision loss because of retinal diseases; upper and lower limb amputations caused by accidents or chronic diseases; an...

Rising incidents of patient deaths are raising questions about medical device efficacy, specifically Class II and Class III medical devices. All medical devices commercialized in the US market must adhere to 510(k) compliance. The US Food and Drug Administration (FDA) posts summaries of information about the most serious medical device recalls. ...

This Technical Insights Research Service (RS) highlights technological advances that are enabling rehabilitation devices. Innovations in core technologies, incremental product enhancements, and convergence of different technologies are assessed. This global industry study, analyzes the market accelerators and challenges, recent IP activity in this ...

Clinical genomics regained significance during the pandemic with the development of the mRNA COVID-19 vaccine, and several non-invasive at-home test kits; an unprecedented feat in recent times. Genomics will take center stage, as large genome sequencing and research will continuously create data for new therapeutics. Artificial Intelligence (AI) an...

The care delivery model is shifting from hospitals to alternative care settings, such as home care and ambulatory surgical centers. Multiple challenges in hospitals, including a severe shortage of skilled workforce, staff burnout, and declining margins, boost this shift. The adoption of multiparameter monitoring devices in out-of-hospital settings ...

The application of Generative AI (Gen AI) in healthcare is a rapidly growing field. In recent years, emerging applications in drug discovery and development, medical imaging analysis, digital twins, synthetic data, and electronic health records management, and virtual assistants have garnered significant interest thanks to their potential to revolu...