Global Medical Devices Market: Key Trends and Opportunities
The global healthcare industry has been undergoing a tremendous change and the medical device market is at the center of this revolution. Trends such as decentralized healthcare, DIY (do-ityourself) healthcare, and mobile healthcare have taken the medical devices market by storm and present before the vendors, a host of lucrative options as well as several challenges. The adoption of health and fitness-related smartphone apps has surged over the past couple of years, affirming the fact that the healthcare industry is going mobile. The demand for user-friendly and DIY medical devices has increased with the rising consumer awareness. When it comes to the medical device sector, there is a growing emphasis on remote wireless connection rather than faceto-face connections and even doctors are more comfortable with remote healthcare services. Takehome medical devices have been witnessing a surge in demand owing to this trend. Another trend that does not cease to have an astounding impact on patients and consumers across the globe is that of wearable medical devices. Companies both large and small have been rolling out innovative, more compact, and advanced wearable devices and at an increasingly affordable price. The advent of 3D printing and nanotechnology has had an unprecedented impact on the global medical devices market thanks to rapid technological developments in the fields and continuous funding by private and government companies. View Full Report at : http://www.transparencymarketresearch.com/medical-devicesmarket.html On the other hand, growing advancements in medical devices also bring with them the very real threat of cyber-attacks. Today, almost every medical device is connected to the internet, be it infusion pumps, glucose monitors, or pacemakers, and with greater connectivity comes the much larger risk of cyber-attacks. Recent cyber breaches have adversely impacted the performance of several major companies and manufacturers are becoming increasingly proactive in this regard. Global Medical Devices Market: Overview The global medical devices market has been reporting consistent growth over the recent past