HTM Market Projected to Reach $146 Billion by 2035 as AI and Predictive Maintenance Expand
Growth reflects increasing reliance on connected medical devices, lifecycle management, and data-driven service models.
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Medical Equipment Maintenance Market to Hit $94 Billion by 2030
The medical equipment maintenance market is expected to reach $94.1 billion by the end of the forecast period, according to a new report.
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U.S. Durable Medical Equipment Market to Surpass $76B by 2026
Growth will be primarily driven by increasing penetration of home healthcare services, high occurrence of chronic conditions, and the rising elderly population.
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HTM Market Projected to Reach $146 Billion by 2035 as AI and Predictive Maintenance Expand
Growth reflects increasing reliance on connected medical devices, lifecycle management, and data-driven service models.
Global Sterilization Equipment Market on the Rise
According to ReportLinker, the global sterilization equipment market is expected to grow from its current $7.94 billion valuation to $11.14 billion by 2023, surging at a compound annual growth rate of 7%. The major factors driving the growth of this market include the rising incidence of hospital-acquired infections and technological advancements in sterilization equipment.
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Medical Device Connectivity Market to See Double-Digit Growth
According to a new report by MarketsandMarkets, the medical device connectivity market is slated to grow from its current $939.4 million valuation to $2.67 billion by 2023, surging at a CAGR of 23.2%. The growth in this market is attributed to the increasing penetration of electronic health records and health information exchange systems in healthcare organizations and a growing focus on care quality and patient safety.
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Global Medical Device Market to Grow 4.5%
The future of the global medical device market is bright—and public and private hospitals are poised to capitalize on its success, say officials from ResearchAndMarkets.com. In fact, the global medical device market is expected to grow at a compound annual growth rate of 4.5% from 2018 to 2023, reaching $409.5 billion, researchers reveal.
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Global Medical Device Testing Services Market to See Double-Digit Growth
The global medical device testing services market is expected to reach $13.4 billion by 2025, expanding at a CAGR of 11.5% during the forecast period, according to a new study. Increasing spending in the preclinical phase of medical devices, coupled with the growing outsourcing rate, is anticipated to help the market gain significant traction.
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Market Report Gives Carestream’s DRX Products Highest Ratings for 2015
Carestream Health announced that it earned the top rating in MD Buyline’s Market Intelligence report for its portable and room-based digital radiography (DR) systems in every quarter of 2015. Carestream’s DRX-Revolution mobile x-ray system, DRX-Evolution, DRX-Evolution Plus, and DRX-Ascend systems received high marks from healthcare providers for performance, reliability, installation, and service, according to MD Buyline.
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Report Shows North America Leads in Adoption of Monitoring Devices
North America is expected to continue dominating the global monitoring devices market, accounting for about 35% of the overall market by end of 2015, according to a new report from Future Market Insights. “Vital Signs Monitoring Devices Market: Global Industry Analysis and Opportunity Assessment 2015-2025” covers trends driving growth in each segment of the vital signs monitoring devices market in specific regions.
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LatestGeriatric Population Driving Growth of Global Portable Ultrasound Market
According to analysts at technology market research firm Technavio, the global portable ultrasound market is predicted to grow at a compound annual growth grate of 8.74% from 2014 to 2019, largely due to an increasing geriatric population. Portable ultrasound devices are lighter and smaller than conventional ultrasound machines, and can be used at point of contact and operated on battery power.
