Medtronic, Inc is the company with the largest share of the global market for devices to treat diseases related to the heart, at 19%, a report from The Business Research Company shows. The company is continuously investing in R&D, in order to retain or increase its share and maintain sales in a global market in where growth is slower than that of gdp. In 2014, for instance Medtronic launched a new external heart monitor device, its SEEQ Wearable Cardiac Monitoring System, which is a wire-free and adhesive patch that can be worn on skin for up to 30 days and that helps diagnose the cause of abnormal heart beats in patients experiencing vertigo, syncope, palpitations or shortness of breath. The player with the second largest share at 14%, Abbott Laboratories, also innovates to stay ahead: in July 2016, it obtained approval from the US Federal Drugs Administration for the market’s first fully absorbable stent, Absorb GT1 BVS. The cardiovascular devices market is relatively concentrated, with five global players accounting for 54.1% of the total in 2017. Further consolidation is under way; merger and acquisition activity in the last four years has been high. Abbott, Beckton Dickinson, Cardinal Health, Philips, Medtronic, St Jude and Boston Specific were among companies that completed takeovers or mergers.
Products in the market include arrhythmia detectors, noninvasive blood pressure measurement systems, diagnostic intravascular catheters, external cardiac compressors, coronary vascular physiologic simulation software devices, external programmable pacemaker pulse generators, cardiac monitors, cardiopulmonary bypass defoamers, echocardiographs, vascular graft prostheses, electrocardiographs and defibrillators. The main segments are cardiovascular surgery devices, worth 37% of the total, cardiac rhythm management devices, accounting for 23% and interventional cardiology devices, at 17%.
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Growth in the biggest markets for cardiovascular devices, China and the USA, has dropped recently, though remaining strongly positive, but global market growth, has fallen from 5.1% to only 2.4%, below the growth rate for global gdp. In Japan, the third largest, however, growth has picked up, from 4.7% to 5% year on year.
Cardiovascular devices are part of the wider medical equipment market, which also covers cardiovascular surgery devices, cardiac rhythm management (crm) devices, interventional cardiology devices, defibrillator devices, peripheral vascular devices, prosthetic heart valve device, electrophysiology devices, and cardiac assist devices.
Where To Learn More
Read the Medical Equipment Global Market Report 2018 from The Business Research Company for information on the following:
Markets Covered: Medical equipment, healthcare market, in-vitro diagnostics, cardiovascular devices, diagnostic equipment, orthopedic devices, hospital supplies, ophthalmic devices, nephrology & urology devices, patient monitoring devices, anesthesia and respiratory devices, dental equipment and supplies, wound care devices, diabetes care devices, surgical equipment, ENT devices, neurology devices
Medical Equipment Market Companies Covered: Medtronic Plc., Johnson & Johnson, Siemens AG, Abbott Laboratories, Koninklijke Philips NV, General Electric Company, Danaher Corporation, Becton, Dickinson and Company, Baxter International Inc., 3M Company
Regions: North America, Asia Pacific, Western Europe, South America, Eastern Europe, Middle East, Africa.
Countries: USA, China, UK, Japan, France, Germany, Australia, India, Spain, Russia, Italy, Brazil
Time Series: Five years historic (2013-17) and forecast (2017-21).
Data Segmentations: Medical equipment market historic and forecast size and growth rates for the world, 7 regions and 12 countries, medical equipment market segmentation by type (in-vitro diagnostics, cardiovascular devices, diagnostic equipment, orthopedic devices, hospital supplies, ophthalmic devices, nephrology & urology devices, patient monitoring devices, anesthesia and respiratory devices, dental equipment and supplies, wound care devices, diabetes care devices, surgical equipment, ENT devices, neurology devices) market shares, historic and forecast size and growth rates for the world, 7 regions and 12 countries, global competitor sales and market shares.
Healthcare market segment shares for the world, 7 regions and 12 countries, healthcare market historic and forecast size and growth rates for the world, 7 regions and 12 countries
Other Data: Per capita average medical equipment expenditure, global and by country, medical equipment market size as a percentage of GDP, global and by country; global number of medical equipment enterprises for 2017, average medical equipment market revenue per enterprise for 2017, global number of employees in the medical equipment industry for 2017, and average revenues per employee in the medical equipment industry for 2017- by country
Other Information: Drivers and restraints of the global medical equipment market, PESTEL analysis, medical equipment market customer information, company profiles including products, strategy and financial performance for 5 medical equipment companies, medical equipment market trends and strategies, medical equipment market key mergers and acquisitions
Sourcing and Referencing: Data and analysis throughout the report are sourced using end notes. Sources include primary as well as extensive secondary research.
Number of Figures in the report: 141
Number of Tables in the report: 145
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Table of Contents For The Medical Equipment Market Global Report 2018
Table of Contents…………………………………………………………………………………………………………………………………. 2
List of Figures…………………………………………………………………………………………………………………………………….. 26
List of Tables………………………………………………………………………………………………………………………………………. 30
1. Medical Equipment Market Characteristics……………………………………………………………………………………………. 34
2. Medical Equipment Market Size And Growth…………………………………………………………………………………………. 36
2.1 Historic Market Growth, Value ($ Billion)…………………………………………………………………………………………. 36
2.1.1 Drivers Of The Market……………………………………………………………………………………………………………. 37
Aging Populations…………………………………………………………………………………………………………………………. 37
Emerging Markets Growth……………………………………………………………………………………………………………… 37
Low Interest Rate Environment……………………………………………………………………………………………………….. 37
Falling Oil Prices…………………………………………………………………………………………………………………………… 37
2.1.2 Restraints On The Market……………………………………………………………………………………………………….. 37
Government Regulations……………………………………………………………………………………………………………….. 37
Weak Wage Growth in Developed Economies…………………………………………………………………………………….. 37
2.2 Forecast Market Growth, Value ($ Billion)………………………………………………………………………………………… 38
2.2.1 Drivers Of The Market……………………………………………………………………………………………………………. 39
Economic Growth…………………………………………………………………………………………………………………………. 39
Technology…………………………………………………………………………………………………………………………………. 39
Changes in Lifestyles……………………………………………………………………………………………………………………… 39
2.2.2 Restraints On The Market……………………………………………………………………………………………………….. 39
Interest Rate Increases………………………………………………………………………………………………………………….. 39
Reduction In Free Trade…………………………………………………………………………………………………………………. 39
3. Medical Equipment Trends And Strategies…………………………………………………………………………………………….. 40
Self-Diagnosis/Treatment is Increasing……………………………………………………………………………………………… 40
Technology and Analytics in Patient Care…………………………………………………………………………………………… 40
Wearables and Mobile Applications………………………………………………………………………………………………….. 40
Shift to Service Contracts……………………………………………………………………………………………………………….. 40
4. Pestle Analysis………………………………………………………………………………………………………………………………… 41
4.1 Political…………………………………………………………………………………………………………………………………….. 42
4.2 Economic………………………………………………………………………………………………………………………………….. 42
4.3 Social……………………………………………………………………………………………………………………………………….. 42
4.4 Technological…………………………………………………………………………………………………………………………….. 43
4.5 Legal………………………………………………………………………………………………………………………………………… 43
4.6 Environmental……………………………………………………………………………………………………………………………. 44
5. Medical Equipment Market Customer Information…………………………………………………………………………………. 45
6. Medical Equipment Market Regional And Country Analysis………………………………………………………………………. 47
6.1 Global Medical Equipment Market, 2017, By Region, Value ($ Billion)……………………………………………………. 47
6.2 Global Medical Equipment Market, 2013 – 2021, Historic And Forecast, By Region……………………………………. 49
6.3 Global Medical Equipment Market, Growth And Market Share Comparison, By Region……………………………… 50
6.4 Global Medical Equipment Market, 2017, By Country, Value ($ Billion)…………………………………………………… 51
6.5 Global Medical Equipment Market, 2013 – 2021, Historic And Forecast, By Country………………………………….. 53
6.6 Global Medical Equipment Market, Growth And Market Share Comparison, By Country……………………………. 55
7. Medical Equipment Market Segmentation…………………………………………………………………………………………….. 56
7.1 Global Medical Equipment Market, 2017, Segmentation By Type, Value ($ Billion)……………………………………. 56
In-Vitro Diagnostics………………………………………………………………………………………………………………………. 57
Cardiovascular Devices………………………………………………………………………………………………………………….. 57
Diagnostic Equipment……………………………………………………………………………………………………………………. 57
Orthopedic Devices………………………………………………………………………………………………………………………. 58
Hospital Supplies………………………………………………………………………………………………………………………….. 58
Ophthalmic Devices………………………………………………………………………………………………………………………. 58
Nephrology and Urology Devices……………………………………………………………………………………………………… 58
Patient Monitoring Devices…………………………………………………………………………………………………………….. 58
Anesthesia and Respiratory Devices………………………………………………………………………………………………….. 58
Dental Equipment And Supplies………………………………………………………………………………………………………. 58
Wound Care Devices……………………………………………………………………………………………………………………… 58
Diabetes Care Devices……………………………………………………………………………………………………………………. 58
Surgical Equipment……………………………………………………………………………………………………………………….. 58
ENT Devices………………………………………………………………………………………………………………………………… 58
Neurology Devices………………………………………………………………………………………………………………………… 58
7.2 Global Medical Equipment Market, 2013 – 2021, Historic And Forecast, Segmentation By Type, Value ($ Billion)…………………………………………………………………………………………………………………………………………… 59
Hospital Supplies………………………………………………………………………………………………………………………….. 60
Patient Monitoring Devices…………………………………………………………………………………………………………….. 60
Ophthalmic Devices………………………………………………………………………………………………………………………. 60
Dental Equipment and Supplies……………………………………………………………………………………………………….. 60
Diagnostic Equipment……………………………………………………………………………………………………………………. 60
Diabetes Care Devices……………………………………………………………………………………………………………………. 60
Neurology Devices………………………………………………………………………………………………………………………… 61
Nephrology & Urology Devices………………………………………………………………………………………………………… 61
Cardiovascular Devices………………………………………………………………………………………………………………….. 61
Surgical Equipment……………………………………………………………………………………………………………………….. 61
In-Vitro Diagnostics………………………………………………………………………………………………………………………. 61
Orthopedic Devices………………………………………………………………………………………………………………………. 61
Wound Care Devices……………………………………………………………………………………………………………………… 61
ENT Devices………………………………………………………………………………………………………………………………… 61
Anesthesia and Respiratory Devices………………………………………………………………………………………………….. 61
8. Medical Equipment Market Segments and Sub-segments…………………………………………………………………………. 62
8.1 In-Vitro Diagnostics…………………………………………………………………………………………………………………….. 62
a) Market Characteristics……………………………………………………………………………………………………………….. 62
b) Market Trends & Strategies…………………………………………………………………………………………………………. 64
c) Global In-Vitro Diagnostics Market, 2017, By Sub-segment, Value ($ Billion)………………………………………….. 65
Point-of-Care Diagnostics……………………………………………………………………………………………………………….. 66
Immunochemistry………………………………………………………………………………………………………………………… 66
Clinical Chemistry…………………………………………………………………………………………………………………………. 66
Molecular Diagnostics……………………………………………………………………………………………………………………. 66
Microbiology……………………………………………………………………………………………………………………………….. 66
Hemostasis………………………………………………………………………………………………………………………………….. 66
Hematology………………………………………………………………………………………………………………………………… 66
Immunohematology……………………………………………………………………………………………………………………… 66
d) Global In-Vitro Diagnostics Market, 2013 – 2021, Historic And Forecast, By Sub-segment………………………….. 67
8.2 Cardiovascular Devices………………………………………………………………………………………………………………… 69
a) Market Characteristics……………………………………………………………………………………………………………….. 69
b) Market Trends & Strategies…………………………………………………………………………………………………………. 71
Technological Innovations………………………………………………………………………………………………………………. 71
Increasing Demand for Minimally-Invasive Cardiac Surgeries…………………………………………………………………. 71
Wearable Technology……………………………………………………………………………………………………………………. 71
Growing Demand For Total Artificial Heart (TAH)…………………………………………………………………………………. 72
3-D Printed Heart Replica……………………………………………………………………………………………………………….. 72
c) Global Cardiovascular Devices Market, 2017, By Sub-segment, Value ($ Billion)……………………………………… 73
Cardiovascular Surgery Devices……………………………………………………………………………………………………….. 74
Cardiac Rhythm Management (CRM) Devices……………………………………………………………………………………… 74
Interventional Cardiology Devices…………………………………………………………………………………………………….. 74
Defibrillator Devices……………………………………………………………………………………………………………………… 74
Peripheral Vascular Devices……………………………………………………………………………………………………………. 74
Prosthetic Heart Valve Device…………………………………………………………………………………………………………. 74
Electrophysiology Devices………………………………………………………………………………………………………………. 74
Cardiac Assist Devices……………………………………………………………………………………………………………………. 74
d) Global Cardiovascular Devices Market, 2013 – 2021, Historic And Forecast, By Sub-segment……………………… 75
8.3 Diagnostic Equipment………………………………………………………………………………………………………………….. 77
a) Market Characteristics……………………………………………………………………………………………………………….. 77
b) Market Trends & Strategies…………………………………………………………………………………………………………. 80
Increasing Demand For Portable Diagnostic Equipment………………………………………………………………………… 80
Strategic Collaborations And Agreements………………………………………………………………………………………….. 80
New Product Launches………………………………………………………………………………………………………………….. 80
c) Global Diagnostic Equipment Market, 2017, By Sub-segment, Value ($ Billion)……………………………………….. 81
X-ray Systems………………………………………………………………………………………………………………………………. 82
Ultrasound Systems………………………………………………………………………………………………………………………. 82
Magnetic Resonance Imaging Systems………………………………………………………………………………………………. 82
Computed Tomography (CT) Scanners………………………………………………………………………………………………. 82
Cardiovascular Monitoring and Diagnostic Devices………………………………………………………………………………. 82
Nuclear Imaging Devices………………………………………………………………………………………………………………… 82
d) Global Diagnostic Equipment Market, 2013 – 2021, Historic And Forecast, By Sub-segment………………………. 83
8.4 Orthopedic Devices…………………………………………………………………………………………………………………….. 85
a) Market Characteristics……………………………………………………………………………………………………………….. 85
b) Market Trends & Strategies…………………………………………………………………………………………………………. 88
Introduction of Biodegradable Implants…………………………………………………………………………………………….. 88
Development of 3D Printer Implants…………………………………………………………………………………………………. 88
Advanced Robotic-Assisted Surgery to Perform Complex Surgeries…………………………………………………………. 88
Strategic Initiatives……………………………………………………………………………………………………………………….. 89
New Product Launches………………………………………………………………………………………………………………….. 89
c) Global Orthopedic Devices Market, 2017, By Sub-segment, Value ($ Billion)………………………………………….. 90
Joint Reconstruction……………………………………………………………………………………………………………………… 91
Spinal Surgery……………………………………………………………………………………………………………………………… 91
Trauma Fixation……………………………………………………………………………………………………………………………. 91
Orthobiologics……………………………………………………………………………………………………………………………… 91
Arthroscopy………………………………………………………………………………………………………………………………… 91
Orthopedic Braces and Support……………………………………………………………………………………………………….. 91
Orthopedic Accessories………………………………………………………………………………………………………………….. 91
Orthopedic Prosthetics………………………………………………………………………………………………………………….. 91
Craniomaxillofacial (CMF) Devices……………………………………………………………………………………………………. 91
d) Global Orthopedic Devices Market, 2013 – 2021, Historic And Forecast, By Sub-segment………………………….. 92
8.5 Hospital Supplies………………………………………………………………………………………………………………………… 94
a) Market Characteristics……………………………………………………………………………………………………………….. 94
b) Market Trends & Strategies…………………………………………………………………………………………………………. 94
Technological Innovations In Hospital Beds………………………………………………………………………………………… 94
Advances in Patient Mobility Aids…………………………………………………………………………………………………….. 95
Disposable Hospital Supplies…………………………………………………………………………………………………………… 95
Transforming Supply Chain……………………………………………………………………………………………………………… 95
c) Global Hospital Supplies Market, 2017, By Sub-segment, Value ($ Billion)……………………………………………… 96
Disposable Hospital Supplies…………………………………………………………………………………………………………… 96
Sterilization equipment and disinfectants………………………………………………………………………………………….. 97
Mobility Aids And Transportation Equipment……………………………………………………………………………………… 97
Operating Room Equipment……………………………………………………………………………………………………………. 97
d) Global Hospital Supplies Market, 2013 – 2021, Historic And Forecast, By Sub-segment…………………………….. 97
8.6 Ophthalmic Devices…………………………………………………………………………………………………………………….. 99
a) Market Characteristics……………………………………………………………………………………………………………….. 99
b) Market Trends & Strategies……………………………………………………………………………………………………….. 100
Emergence Of Robotic-Assisted Eye Surgery……………………………………………………………………………………… 100
Strategic Investments in R&D………………………………………………………………………………………………………… 100
Combination Technologies……………………………………………………………………………………………………………. 100
Development of Drug-Dispensing Contact Lens…………………………………………………………………………………. 101
c) Global Ophthalmic Devices Market, 2017, By Sub-segment, Value ($ Billion)………………………………………… 102
Vision Care Devices……………………………………………………………………………………………………………………… 102
Cataract Surgery Devices………………………………………………………………………………………………………………. 102
Diagnostic And Monitoring Ophthalmic Devices………………………………………………………………………………… 103
Diagnostic and Monitoring Ophthalmic Devices…………………………………………………………………………………. 103
d) Global Ophthalmic Devices Market, 2013 – 2021, Historic And Forecast, By Sub-segment……………………….. 103
8.7 Nephrology and Urology Devices………………………………………………………………………………………………….. 105
a) Market Characteristics………………………………………………………………………………………………………………. 105
b) Market Trends & Strategies……………………………………………………………………………………………………….. 107
Wearable Artificial Kidney…………………………………………………………………………………………………………….. 107
Development of Minimally Invasive Treatments………………………………………………………………………………… 107
Development of Lithotripters………………………………………………………………………………………………………… 107
c) Global Nephrology and Urology Devices Market, 2017, By Sub-segment, Value ($ Billion)……………………….. 108
Dialysis Devices…………………………………………………………………………………………………………………………… 109
Endoscopy Devices………………………………………………………………………………………………………………………. 109
Benign prostatic Hyperplasia (BPH) Treatment Devices……………………………………………………………………….. 109
Urinary Incontinence and Pelvic Organ Prolapse Treatment Devices………………………………………………………. 109
Urinary Stone Treatment Devices…………………………………………………………………………………………………… 109
d) Global Nephrology and Urology Devices Market, 2013 – 2021, Historic And Forecast, By Sub-segment………. 110
8.8 Patient Monitoring Devices…………………………………………………………………………………………………………. 112
a) Market Characteristics………………………………………………………………………………………………………………. 112
b) Market Trends & Strategies……………………………………………………………………………………………………….. 114
Customized Multi-parameter Monitors (MPMs)………………………………………………………………………………… 114
Medical Body Area Network (MBAN)………………………………………………………………………………………………. 114
Wearables and Mobile Applications………………………………………………………………………………………………… 114
High Deal Activities……………………………………………………………………………………………………………………… 114
c) Global Patient Monitoring Devices Market, 2017, By Sub-segment, Value ($ Billion)………………………………. 115
Fetal And Neonatal Monitoring Devices…………………………………………………………………………………………… 116
Weight Monitoring And Body Temperature Monitoring Devices……………………………………………………………. 116
Multiparameter Monitoring Devices……………………………………………………………………………………………….. 116
Cardiac Monitoring Devices…………………………………………………………………………………………………………… 116
Respiratory Monitoring Devices……………………………………………………………………………………………………… 116
Neuromonitoring Devices……………………………………………………………………………………………………………… 116
Hemodynamic Monitoring Devices…………………………………………………………………………………………………. 116
Remote Patient Monitoring Devices………………………………………………………………………………………………… 116
d) Global Patient Monitoring Devices Market, 2013 – 2021, Historic And Forecast, By Sub-segment……………… 116
8.9 Dental Equipment And Supplies……………………………………………………………………………………………………. 119
a) Market Characteristics………………………………………………………………………………………………………………. 119
b) Market Trends & Strategies……………………………………………………………………………………………………….. 121
Development Of 3D Printer Implants………………………………………………………………………………………………. 121
Advanced Robotic-Assisted Surgery To Perform Complex Dental Surgeries……………………………………………… 121
Growing Demand For Cosmetic Dentistry…………………………………………………………………………………………. 121
c) Global Dental Equipment And Supplies Market, 2017, By Sub-segment, Value ($ Billion)…………………………. 122
General Dental Equipment……………………………………………………………………………………………………………. 122
Dental Surgical Equipment……………………………………………………………………………………………………………. 122
Dental Diagnostic Imaging Equipment……………………………………………………………………………………………… 123
Therapeutic Dental Equipment………………………………………………………………………………………………………. 123
d) Global Dental Equipment And Supplies Market, 2013 – 2021, Historic And Forecast, By Sub-segment………… 123
8.10 Wound Care Devices………………………………………………………………………………………………………………… 125
a) Market Characteristics………………………………………………………………………………………………………………. 125
b) Market Trends & Strategies……………………………………………………………………………………………………….. 126
Increasing Demand for Combination Dressing…………………………………………………………………………………… 126
Growing Demand or Anti-Infective Dressings…………………………………………………………………………………….. 126
New Product Launches…………………………………………………………………………………………………………………. 126
Strategic Mergers and Acquisitions…………………………………………………………………………………………………. 127
c) Global Wound Care Devices Market, 2017, By Sub-segment, Value ($ Billion)……………………………………….. 128
Traditional Adhesive Dressings………………………………………………………………………………………………………. 129
Negative-pressure Wound Therapy (NPWT)……………………………………………………………………………………… 129
Sutures and Staples……………………………………………………………………………………………………………………… 129
Anti-microbial Dressings……………………………………………………………………………………………………………….. 129
Non-adherent Dressings……………………………………………………………………………………………………………….. 129
Tissue Adhesives, Sealants, and Glues……………………………………………………………………………………………… 130
Traditional Gauze Dressings…………………………………………………………………………………………………………… 130
Foam Dressings…………………………………………………………………………………………………………………………… 130
Hydrocolloids…………………………………………………………………………………………………………………………….. 130
Bioengineered Skin Substitutes………………………………………………………………………………………………………. 130
Film Dressings…………………………………………………………………………………………………………………………….. 130
Growth Factors…………………………………………………………………………………………………………………………… 130
Alginate Dressings……………………………………………………………………………………………………………………….. 130
Hydrogels………………………………………………………………………………………………………………………………….. 130
d) Global Wound Care Devices Market, 2013 – 2021, Historic And Forecast, By Sub-segment………………………. 131
8.11 Diabetes Care Devices………………………………………………………………………………………………………………. 134
a) Market Characteristics………………………………………………………………………………………………………………. 134
b) Market Trends & Strategies……………………………………………………………………………………………………….. 135
Artificial Pancreas……………………………………………………………………………………………………………………….. 135
Shift in Traditional Insulin Syringe…………………………………………………………………………………………………… 135
Wearable and Mobile Glucose Monitoring Systems……………………………………………………………………………. 135
Intelligent Glucose Meters……………………………………………………………………………………………………………. 135
c) Global Diabetes Care Devices Market, 2017, By Sub-segment, Value ($ Billion)……………………………………… 136
Blood Glucose Test Strips……………………………………………………………………………………………………………… 137
Insulin Pens……………………………………………………………………………………………………………………………….. 137
Insulin Syringes…………………………………………………………………………………………………………………………… 137
Insulin Pumps and injectors…………………………………………………………………………………………………………… 137
Lancing Devices………………………………………………………………………………………………………………………….. 137
Continuous Glucose Monitoring Devices………………………………………………………………………………………….. 137
Blood Glucose Meters………………………………………………………………………………………………………………….. 137
d) Global Diabetes Care Devices Market, 2013 – 2021, Historic And Forecast, By Sub-segment…………………….. 138
8.12 Surgical Equipment………………………………………………………………………………………………………………….. 140
a) Market Characteristics………………………………………………………………………………………………………………. 140
b) Market Trends & Strategies……………………………………………………………………………………………………….. 141
Modern Electrosurgical Units (ESUs)……………………………………………………………………………………………….. 141
Next Generation Ultrasonic Surgical Devices…………………………………………………………………………………….. 141
Advanced Robotic-assisted Surgery…………………………………………………………………………………………………. 141
Pay Per Use Model………………………………………………………………………………………………………………………. 142
c) Global Surgical Equipment Market, 2017, By Sub-segment, Value ($ Billion)…………………………………………. 142
Surgical Sutures And Staples………………………………………………………………………………………………………….. 143
Electrosurgical Devices…………………………………………………………………………………………………………………. 143
Handheld Surgical Devices…………………………………………………………………………………………………………….. 143
d) Global Surgical Equipment Market, 2013 – 2021, Historic And Forecast, By Sub-segment………………………… 144
8.13 ENT Devices……………………………………………………………………………………………………………………………. 145
a) Market Characteristics………………………………………………………………………………………………………………. 145
b) Market Trends & Strategies……………………………………………………………………………………………………….. 146
Technological Advancements in Otolaryngology………………………………………………………………………………… 146
Customized Hearing Implants or 3D Printing……………………………………………………………………………………… 146
Minimally Invasive Techniques Using Robotic Instruments…………………………………………………………………… 146
c) Global ENT Devices Market, 2017, By Sub-segment, Value ($ Billion)…………………………………………………… 147
Hearing Aid Devices…………………………………………………………………………………………………………………….. 148
Hearing Diagnostic Devices……………………………………………………………………………………………………………. 148
ENT Surgical Devices……………………………………………………………………………………………………………………. 148
Nasal Splints………………………………………………………………………………………………………………………………. 148
Hearing Implants………………………………………………………………………………………………………………………… 148
Voice Prosthesis Devices………………………………………………………………………………………………………………. 148
d) Global ENT Devices Market, 2013 – 2021, Historic And Forecast, By Sub-segment………………………………….. 149
8.14 Anesthesia and Respiratory Devices…………………………………………………………………………………………….. 151
a) Market Characteristics………………………………………………………………………………………………………………. 151
b) Market Trends & Strategies……………………………………………………………………………………………………….. 153
New Product Launches…………………………………………………………………………………………………………………. 153
Portable Sleep Apnea Diagnostic Devices at Home……………………………………………………………………………… 153
Increased Adoption of Portable Systems………………………………………………………………………………………….. 154
c) Global Anesthesia and Respiratory Devices Market, 2017, By Sub-segment, Value ($ Billion)……………………. 154
Respiratory Devices (Therapeutic and Diagnostic)………………………………………………………………………………. 155
Anesthesia Machines…………………………………………………………………………………………………………………… 155
Anesthesia Disposables………………………………………………………………………………………………………………… 155
Respiratory Monitoring Devices……………………………………………………………………………………………………… 155
Respiratory Disposables……………………………………………………………………………………………………………….. 155
d) Global Anesthesia and Respiratory Devices Market, 2013 – 2021, Historic And Forecast, By Sub-segment…… 156
8.15 Neurology Devices…………………………………………………………………………………………………………………… 158
a) Market Characteristics………………………………………………………………………………………………………………. 158
b) Market Trends & Strategies……………………………………………………………………………………………………….. 159
Wearable Technology………………………………………………………………………………………………………………….. 159
Minimally Invasive Treatments………………………………………………………………………………………………………. 159
Increasing M&A activity……………………………………………………………………………………………………………….. 159
c) Global Neurology Devices Market, 2017, By Sub-segment, Value ($ Billion)………………………………………….. 160
Neurostimulation Devices…………………………………………………………………………………………………………….. 160
Interventional Neurology Devices…………………………………………………………………………………………………… 160
Neurosurgery Devices………………………………………………………………………………………………………………….. 161
Cerebrospinal Fluid (CSF) Management Devices………………………………………………………………………………… 161
d) Global Neurology Devices Market, 2013 – 2021, Historic And Forecast, By Sub-segment…………………………. 161
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