Medical Devices Market Research Reports & Industry Analysis
The medical device market is not even half as large as the global pharmaceutical market, though it sees many more transactions. This is due to pricing, because in volume terms more units sold and more patients are impacted by the device market. Although the largest component of the market is in the United States, the majority of sales are non-US, and growth is occurring in other markets.
Medical devices are typically classified into three classes: Class I, II and III based on the risk associated with them. These classifications signify the level of control required to ensure the safety and effectiveness of the device. Consequently, manufacturers of the different classes need to adhere to different levels of regulations and norms, i.e., stringent regulations for higher class of medical devices.
Class I is the least risk. This class includes medical devices that pose minimum risk to a patient and are simpler in design as compared to Class II and Class III medical devices This classification was originally provided by the US Food and Drug Administration (US FDA), and similar classifications are followed by major Asian countries such as Japan and China. Class III requires the highest level of safety and effectiveness assurance as the potential threat to the patient is highest in their case.
Medical Devices Industry Research & Market Reports
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Global Stretcher Chairs Market 2022-2026
... Our report on the stretcher chairs market provides a holistic analysis, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis covering around 25 vendors. The report offers an up-to-date analysis ... Read More
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Mucosal Atomization Devices Market - Growth, Trends, COVID-19 Impact, and Forecasts (2022 - 2027)
... attributing to the growth of the market is the increase in the adoption of mucosal atomization devices due to the non-invasive nature of these devices. Furthermore, these devices offer quicker recovery and are less painful ... Read More
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CO2 Removal Devices (Extracorporeal) - Market Insights, Competitive Landscape and Market Forecast–2026
... and the historical and forecasted CO2 Removal Devices (Extracorporeal) market trends, globally, which comprises of North America, Europe, APAC, and RoW. The CO2 Removal Devices (Extracorporeal) market report provides an overview of CO2 Removal Devices ... Read More
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Dry Powder Inhaler Devices Market Insights, Competitive Landscape and Market Forecast–2025
... the historical and forecasted Dry Powder Inhaler Devices market trends, globally, which comprises of North America, Europe, APAC, and RoW. The Dry Powder Inhaler Devices market report provides an overview of Dry Powder Inhaler Devices ... Read More
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Medical Device Packaging
... Demand will grow faster than the value of end-use product shipments as stricter regulations and standards aimed at reducing the incidence of healthcare-associated infections (HAIs) increase the need for higher value-added containers and related accessories. ... Read More
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Kalorama Information Knowledge Center - Medical Device Only
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Kalorama Information Knowledge Center
... by top companies to draw up product lists, find relevant market data or sizing, research competitors or benchmark their own company's performance. Are you involved in multiple life science markets? Do you need quick access ... Read More