This demographic transition is creating a substantial market opportunity for medical device manufacturers particularly in segments such as cardiology devices , orthopaedic devices and diagnostic imaging equipment . The growing geriatric population is also driving innovation in remote patient monitoring devices and wearable technologies , enabling better management of chronic conditions and improving the quality of life for older adults .
“ Additionally , technological advancements in artificial intelligence , advanced algorithms and predictive analytics are revolutionising the medical device technology industry , enabling early detection and improved treatment outcomes for critically ill patients and those with chronic diseases . These innovations are paving the way for more personalised and value-based care , reshaping the landscape of medical diagnostics and treatment . Remote patient monitoring and connected care solutions are emerging as key trends in the medtech industry ,” explained Mordor Intelligence .
Wearable medtech devices and miniaturised , self-contained medical equipment technologies are at the forefront of the remote monitoring trend , offering continuous health monitoring and immediate intervention capabilities .
“ The rising prevalence of chronic diseases is another key driver that is fuelling the growth of the global medical devices market . Chronic conditions ( such as cardiovascular diseases , cancer , respiratory disorders and diabetes ) are becoming increasingly common worldwide , creating significant demand for advanced medical devices technologies for early detection , treatment and management ,” added Mordor Intelligence .
Sheet metal for medical devices
The global medical industry depends upon custom sheet metal fabrication to create highly specific and precise equipment and tools . It requires accurate surgical tools , medical devices , supplies and equipment to perform specialised tasks . The medical device sector produces a wide variety of instruments used in healthcare including those used for in-vitro diagnostics ; diagnostic imaging ; dentistry ; optometry ; cardiology and hospital supply .
“ Sheet metal has high pliability , bendability and overall flexibility . Its versatility enables manufacturers to create most parts , tools or instruments and to fabricate components with high specificity . Medical sheet metal has excellent longevity and is durable enough to withstand collisions ,
Industry sectors and manufacturing processes
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extreme temperatures and various other environmental conditions ,” commented H & S Manufacturing Co , a sheet metal manufacturer .
Sheet metal fabrication can be used , for example , in diagnostic scanning systems ( such as ultrasound machines ); ablation systems ( where extreme cold , heat or laser energy is used to destroy tissue abnormalities ) and patient alignment systems ( which position radiation beams and lasers for oncology treatments ).
Other sheet metal products can include automated control system solutions , image reconstruction systems and medical imaging equipment ( such as spectrometry scan equipment , CT scan machines and PET scan machines ). Ventilators , medical carts , medicine cabinets and medical instruments are also examples of sheet metal products .
As healthcare systems worldwide continue to evolve , the demand for innovative , technologyoriented devices has surged
Orthopaedics : This includes reconstructive devices ; spinal implants ; arthroscopy ; orthobiologicals ; hip implants and knee replacements . This sector utilises manufacturing processes such as machining , casting , grinding , polishing , metal injection moulding and rapid manufacturing .
Surgical instruments and technologies : One of the largest segments , this includes dilators ; sutures and surgical robotics . Key technologies include micromachining , surface treatments and materials .
Diagnostic apparatus : Endoscopic devices ; ultrasound and magnetic resonance instruments are examples of this sector . Key technologies include imaging , IT and micromanufacturing .
Cardiovascular devices : This highly competitive sector includes pacemakers ; defibrillators and drug stents . Key technologies include power sources , micromoulding and assembly .
Diabetes devices : Continuous glucose monitoring ( CGM ) is a leading example of this sector . Key technologies include nanotechnology ; sensors and assembly .
Dental instruments and technologies : Imaging equipment ; implants ; drills and instruments . Key technologies include machining , additive manufacturing and 3D imaging .
Other segments : Spinal devices ; catheters ; syringes and hypodermic needles ; blood transfusion and IV equipment ; internal fixation devices ; neuromodulation devices and urology devices .
Orthopaedic devices
Image : Shutterstock . com .
Orthopaedic devices cater to a wide range of musculoskeletal conditions , from joint replacements to trauma care . This segment is driven by factors such as the ageing population , increasing incidence of sports injuries and advances in materials science . “ The orthopaedic devices market is witnessing a trend towards minimally invasive procedures , offering faster recovery times and reduced hospital stays . Another significant trend is the integration of 3D printing technology in the production of customised implants and surgical guides . The focus on developing biocompatible materials and smart implants that can provide real-time data on healing progress is shaping the future of orthopaedic devices . The growing adoption of robotic-assisted surgeries in orthopedics is expected to drive innovation and market growth in this segment ,” commented analyst , Mordor Intelligence .
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