Photo by Karolina Grabowska via Pexels
The rising prevalence of chronic diseases fuels sector growth.
The global medical devices market is projected to reach $827.88b in 2032 with a compound annual growth rate of 5.34% during the forecast period, according to Polaris Market Research.
In its latest report, it said the increasing prevalence of cardiovascular diseases, including stroke, heart failure, and cardiomyopathy, led to the increasing use of medical devices in hospitals and clinics across diverse geographies.
Other major factors driving the demand for medical devices are the aging global population, advancements in technology, and growth in home healthcare.
Drug delivery devices are expected to see high adoption due to rising demand for targeted, efficient, and patient-friendly treatment methods.
Join
Healthcare Asia Magazine
community
Since you’re here…
…there are many ways you can work with us to advertise your company and connect to your customers. Our team can help you dight and create an advertising campaign, in print and digital, on this website and in print magazine.
We can also organize a real life or digital event for you and find thought leader speakers as well as industry leaders, who could be your potential partners, to join the event. We also run some awards programmes which give you an opportunity to be recognized for your achievements during the year and you can join this as a participant or a sponsor.
Let us help you drive your business forward with a good partnership!
