Ventricular assist devices (VAD) are mechanical circulatory support devices used to treat end stage heart failure. These devices can support the function of the left (LVAD), right (RVAD), or both heart ventricles (BiVAD). Technological advancements, improved success, and low availability of donor hearts led to widespread acceptance of Ventricular assist devices.
Glucose Monitoring consist of products that are essential for patients suffering diabetes. With the projected rise in aged population and awareness about such conditions, the market is focused on growing with newer technology and improved products.
In-vitro diagnostics is an integral part of healthcare system that enables diagnosis, monitoring, screening and assessing the predisposition of various diseases which helping in providing timely and targeted treatment.
Point of care Diagnostics/testing (POCD/POCT) is defined as the medical diagnostics which are performed outside the clinical laboratory at or near the site of patient care in order to improve the Therapeutic Turnaround time(TTAT)and effectiveness of lab testing. The emergence of rapid and easy to use point of care tests can dramatically enhance a physician’s ability to diagnose patient’s diseases rapidly and accurately.
Soft tissue consists of body tissues that are not hardened or calcified, Damage to these Soft tissues can be caused either due to sudden trauma or due to overuse of a particular part of the body. Projected rise in aged population, sports injuries and increased number of medical procedures are the factors driving the market growth.
Brain monitoring devices are used to monitor and diagnose the brain activity by exploring the structure and functions of the brain in patients with neurological diseases. These devices provide the information of the brain and greater understanding of neurological problems, with possible new treatments.
Defibrillator is a life saving medical device used to deliver shock to heart muscles to regain the normal functioning in conditions such as sudden cardiac arrest or irregular heartbeats. Emergence of next generation devices, market expansion opportunities in emerging market countries are some of the factors influencing expansion of this market.
Ablation technology has emerged as sophisticated, easy to use devices for treating conditions such as cancer, pain, epilepsy, eye disorders, cosmetic skin corrections, abnormal uterine bleeding, hypertension, benign prostatic hyperplasia, Barret’s oesophagus and asthma where tissue is removed either minimally invasive procedures or through surgical procedures using thermal or non thermal technologies.
Interventional cardiology deals with catheter based less invasive techniques for treatment of various cardiovascular diseases, the changing demography, increasing lifestyle disease are increasing the demand for less invasive, cost effective procedures. High growth segments such as structural heart repair and new technology such as Transcatheter Mitral valve replacement (TMVR), cardiac remodeling, catheter heart pump are set to drive the market.
Incontinence and ostomy care products are used by patients suffering from involuntary loss of control of bladder and bowel. Increasing aged population and awareness in emerging market is projected to drive the growth.
Blood collection, processing, management devices & consumables devices play vital role in collection of blood from donor, segregating into blood components like RBC, WBC, platelets & plasma and then preserving for the purpose of therapeutics & emergency purposes. These blood collection, processing, management devices & consumables help in avoiding the transmission of infectious diseases and other complications during transfusion.