Some of the factors driving the market are increase in incidence and prevalence of neurovascular diseases like cerebral aneurysm, stroke, arteriovenous malformations, and increase in the aging population, technological advancement, acquisitions and favourable reimbursements.
An increasing number of patients suffering from obesity and the rise in the aging population who are vulnerable to develop hernia, rising adoption of tension-free repair procedures and increasing demand for minimally invasive procedures, are driving the growth of hernia repair devices market.
Increasing prevalence of infectious diseases, requirement of early detection of infectious disease, increasing point of care diagnostics and rapid diagnostics, favourable reimbursements, technological advancements and rising investments in diagnostics are driving the market
Some of the factors such as increasing population prone to aging-related medical conditions, increasing R&D spending for developing innovative and technologically advanced products, and also the development of more personalized products for greater patient comfort and care are driving the market growth
The increase in the rate of surgeries and diseased population requires continuous monitoring, increasing demand for portable and remote patient monitoring and increasing funding and investment in patient monitoring are driving the market growth
Increasing expanded indication approval for various transcatheter structural heart products, persistently increasing geriatric population burdened with various kinds of degenerative valvular hear diseases, increasing demand for highly efficient, minimally invasive structural heart therapeutic products from the value centric patient population, increasing R&D spending for developing innovative and technologically advanced products, growing economies and increasing demand for better healthcare facilities in emerging markets
Increasing prevalence of different types of cancers, increasing awareness of personalized medicine, national program for cancer control by individual countries, availability of companion diagnostics, growth in the point of care testing, increase in sequencing-based tests and other molecular and immunology based techniques are driving the growth of cancer diagnostics
Factors such as, increase in the rate of the population suffering from sleep apnea, increase in lifestyle changes that increase the risk of sleep apnea, increasing funding and investment in the development of sleep apnea devices are the factors driving the market growth.
The factors such as increasing acute and chronic wound burden among the global population, escalating number of surgical procedures associated with highly prevalent lifestyle and chronic diseases that necessitate surgical incisions and rapidly increasing geriatric population with prolonged wound healing time and increased susceptibility to various kinds of wounds are driving the market growth.
The factors such as increasing prevalence of cancer cases, growing adoption of minimally invasive procedures, increasing geriatric population, technological advancements in the field of interventional oncology, and expansion in the emerging markets are driving the market.