Medical Devices - An Aim to Satisfy Patient and Clinical Needs
From the desk of Bhautkar Rhutuja
Today, innovations are everywhere, with the healthcare industry, specifically the medical devices domain is on the top, in terms of abundant advances with the rising focus on treating patients with the right diagnosis and aftercare. In the past decade, the medical devices industry has experienced major technological advancements to enhance patient welfare. With more than 10,000 unique medical devices available across the globe, people’s health and well-being have considerably enhanced as compared to the past few decades. Western countries are a crucial market for medical devices as most nations have experienced swift annual growth. Yet, some countries import above 80% of their manufactured medical devices globally. According to SkyQuest estimates, medical devices market to reach a market valuation of USD 756.59 Billion by 2031.
Medical establishments are witnessing devastating types of choices concerning technologically intricate, progressively sophisticated and novel medical devices. Besides having multiple options, companies should also take care of:
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The intricacy of the medical instruments and devices
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Increased competitive and global markets
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Expansion in the promotion of refurbished and used devices
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Reprocessing of disposable or single-use tools or devices
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Donation of medical devices
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Expanding use of these devices in clinician’s office and in homes
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Patients with larger access to data
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Need to introduce marketing scrutiny program
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Poor post-sale technical support facilities, and
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Helpful and successful treatments with the use of economic medical devices.
It is important to promise access to safe, effective, and superior-quality medical devices to ensure the benefit of public health and patient safety, the medical workers, and the healthcare community. Also, it is equally important to restrict the use of devices that are not approved by the FDA or have less clinical use over regulatory processes.
Let us see the various facets of medical devices in different domains including,
Importance of Medical Devices in Medical Tourism
Medical devices play an important role in medical tourism market in areas like automating several healthcare processes, monitoring patient health, and reach a wider number of patients remotely:
AI-enabled devices or tools can efficiently automate various processes like studying huge quantities of data to guarantee proper order of documentation and considerably decrease the number of errors and deferrals.
The very recent innovations in the market like remote monitoring devices and smart-wearable devices are highly useful gadgets that assist healthcare providers to constantly supervise different health parameters of several as well as the ones who are undergoing crucial treatments.
Medical devices integrated with artificial intelligence can significantly help clinics and hospitals to expand their customers base, which will eventually promote them and help them contribute to faster segment growth.
View more info and detailed Table of Contents here: https://skyquestt.com/report/medical-devices-market
Use of Medical Devices in Medical Aesthetics
In the present scenario in medical aesthetics, medical devices are carefully designed based on radiofrequency, laser, ultrasound technology, micro-current, and plasma therapies for aesthetics. Every technology mentioned is used to create dedicated devices for toning, sculpting, restoring damaged skin, and several other unique applications.
Moreover, growing cases of chronic disorders like obesity, diabetes, and heart or cardiovascular diseases are substantially demanding the use of improved medical devices. Also, increased awareness about the advantages along with increasing spending power of patients is anticipated to propel the demand of medical devices further on aesthetics. Refer to our comprehensive SkyQuest reports for better in-depth knowledge of what is happening in the market.
Robotics – The Indispensable Tools for Medical Devices Manufacturing
Today, robotics technology has captured major market shares in various manufacturing processes, mainly in the domain of medical device manufacturing. Robotics are adopted in numerous applications of device production like patient monitoring, surgical robotics, radiology, and equipment handling.
Surgical robots help medical surgeons to perform less painful surgeries with higher precisions as compared to manual operation with hands. Most surgical robots implement machine vision, deep learning, and augmented intelligence to direct or lead surgeons in the procedures.
Soft robots are used in painful surgeries since they can effectively change their shapes to pass through different complex body structures and perform their jobs with precision.
Wearable robotic exoskeletons are useful for individuals suffering from spinal cord injuries to perform simple tasks like standing, turning, walking, and climbing stairs.
Robotic catheters are yet another helpful tool that correctly helps position, control, and handle catheter-enabled tools.
How is IoT in Healthcare benefiting Medical Devices?
The primary benefit of Internet of Things medical devices is that they are dependent on autonomous biometrics instead of patient assertions. These health indicators are not patient-controlled and are the best indicators of the mental health of the patient.
The IoT medical devices should be small and reliable enough to perform intricate surgeries with higher precision. They should also correctly study the conditions inside the patient's body and articulate a suitable surgery decision. These needs are not unsolvable but have shown success since medical surgeons are already using them in various surgeries. They are highly useful tools for medical experts and this active use of IoT robots will further impel more advances in technologies.
IoT medical devices are proficient enough to comprehend information about the patient’s current mental mood and well-being by proper observation of heart rate, blood pressure, and many biometric details. Moreover, enhanced IoT devices can track the movement of a patient's eyes.
How Important is the Role of 3D Printing in Medical Devices?
In clinical settings, 3D printed models offer the potential for expanded knowledge of pathological and anatomical structures. These models are regarded as expedient tools to experiment with the positioning of implants and other devices to envision surgical procedures. Improvements like multi-material and multi-color printing are also beneficial to encourage a surgical atmosphere for intra-operative reference and pre-surgical planning. Such models deliver dynamic supplements to on-screen conceptions to boost confidence in medical decisions.
Medical printing can offer budget-friendly and developing process advancements or complex designs owing to its speedy prototyping ability. 3D printing also holds great opportunities to offer early means of confirmation of in-silico experiment results. With these tools, new developments will ultimately gain bigger confidence before deployment of in-vivo studies or costly physical testing. To know more about 3D Printing industry, refer to the insights by SkyQuest team.
In Summary
Medical device industry’s key focus is to enhance patient health in cost-efficient ways. Hence, artificial intelligence, robotics, and most other emerging technologies coupled with smart-wearable devices will continue to progress healthcare delivery on the global scale. In addition, the rise of healthcare sector will also augment (SaMD) software-as-a-medical service. Growing immersive technologies along with remote treatment competencies will majorly drive research and development of mental health rehabilitation tools to lead.
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