The offsite medical case management market is set to grow from US$ 4,076.7 Mn in 2017 to 5,903.6 Mn in 2026 during the forecast period from 2018 to 2026. Medical case management is a joint effort of healthcare professionals to provide effective treatment regimen and medical care to patients suffering with chronic illness and undergoing emergency medical interventions.
Despite their introduction several years ago, the use of artificial tendons and ligaments have only recently received prominent attention and has opened new treatment options for patients seeking rapid recovery and restoration of normal movements. Artificial ligaments are commonly used in knee, ankle and shoulder treatments where tissue rupture is often observed. These are in high demand in procedure for patellar ligament reconstruction and of anterior cruciate ligament.
The global patient handling equipment market is Increasing emergency procedures, trauma, growing commonness of disabilities, injuries among the elderly, and faster patient transportation with higher safety along with the growing adoption of branded equipment drives the overall patient handling equipment market growth. New technological evolution in the transfer and lifting equipment would also drive the overall market.
The global surgery tables market was valued at US$ 907.9 Mn in 2021 and expected to grow at compound annual growth rate (CAGR) of 3.7% during the forecast period from 2025 to 2033. The surgery tables market is driven by growing demand for hybrid operating rooms equipped with specialty surgical tables, technological advancements in the operating room tables and rising number of hospitals in the emerging economies.
The development in post treatment methods and services is a prime factor shaping the trends in the global wheelchairs market. Post-treatment regimens in neonatal and pediatric care, critical care, geriatric care and intensive care require continuous monitoring of patients that are unable to move themselves. Such patients therefore are ideal groups for assistive movement aids, thus driving the demand for mobility products such as wheelchairs and mobility scooters.
Operating room equipment market accounted for a market value of US$ 28,917.6 Mn in 2017 and projected to grow at a CAGR of 5.9% during the forecast period from 2018 to 2026. Operating rooms equipment have evolved drastically over the years and it’s the result of constant innovation in the technology of medical devices and changing requirements of medical practitioners performing various types of surgical procedures.
The infection surveillance solutions market is set to reach US$ 934.7 Mn in 2026 from US$ 330.7 Mn in 2017 projecting excellent growth at a CAGR of 12.4% from 2018 to 2026. As per the latest research citing provided by World Health Organization (WHO), in the near future glooming threat of hospital acquired infection and rampant growth in antibiotic resistance by microbes will result in increased mortality worldwide. There is need to monitor and supervise infectious disease in real time mode.
The global hip replacement implants market held US$ 7,202.5 Mn in 2017 and expected to grow at compound annual growth rate (CAGR) of 3.6% during the forecast period from 2018 to 2026. The global hip replacement implants market is driven by growing volume of hip arthroplasty worldwide, development of dynamic implants with better compatibility and lower risk of infection, growing geriatric population susceptible for hip injuries and ailments. Alarming rise in the prevalence of osteoarthritis globally will augment the growth of hip replacement implants.
The global vaginal slings market held US$ 1,720.4 Mn in 2017 and expected to grow at compound annual growth rate (CAGR) of 4.6% during the forecast period from 2018 to 2026. Vaginal sling procedures are the highly recommended and gold standard to control stress urinary incontinence in women. The procedure is minimally invasive in nature and usually takes 45 to 60 minutes for completion.
The bowel management systems market is set to grow from US$ 1,745.5 Mn to US$ 2,391.4 Mn at a compounded annual growth rate of 3.6% from 2018 to 2026. Bowel disorder is a medical condition which affects the small intestine and large intestine. The common bowel disorders identified are irritable bowel syndrome, Crohn’s disease, celiac disease and intestinal obstruction. The disease etiology is unknown with alteration in the normal gut peristalsis resulting in chronic constipation and diarrhea.
The market size for Healthcare Services was assessed at USD 10.3 Trillion in 2021 and is projected to reach USD 21.06 Trillion by 2030, expanding at a CAGR of 8.30% between 2022 and 2030. The market for healthcare services and technology is expanding fast, creating possibilities, hazards, and structural problems for enterprises in the industry and those in the healthcare value chain as a whole. Given that healthcare improvement potential exceeds $500 billion, the future growth potential of the healthcare services and technology business is considerable.
To establish frictionless markets for healthcare products and services, for instance, large-scale platform players could emerge. These participants could also become ecosystem integrators, integrating a variety of healthcare products and services, allowing consumers (patients and their families) to better manage their own healthcare.
The increase in the number of aged people, accelerated economic growth, technical advances, alterations in lifestyles, and improved ability to survive and level of living is anticipated to contribute to the expansion of the Healthcare Services Market. Raising the declaration of bundled payments, employing digital tools, expanding cross-industry and cross-company relationships, focusing on the creation of novel pharmaceuticals, and acquiring hybrid imaging techniques are all significant trends in the Healthcare Services Market. In recent decades, the price of medical facilities has climbed substantially.
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