Healthcare and Medical Device

The global MedTech market size is estimated to grow from $642.5 billion in 2023 to $668.2 billion in 2024, a ~4% year-over-year increase. Download a PDF Brochure: https://www.marketsandmarkets.com/pdfdownloadNew.asp?id=64921163 Key Growth Drivers Continued technology innovation, mergers and acquisitions, new product launches, and new business models. Advancements in imaging technologies and innovative surgical solutions. Rise of ambulatory care facilities and increase in ambulatory surgical volumes. Strategic partnerships between MedTech companies to enhance care offerings. Adoption of AI/ML technologies to enable value-based care and personalized medicine. Key MedTech Companies Abbott, BD, Boston Scientific, Cardinal Health, Fresenius Medical Care, Fujifilm, GE Healthcare, Johnson & Johnson, Medtronic, Philips, Roche, Samsung Medical, Siemens Healthineers, Stryker. 2024 Growth Areas Precision medicine playing a pivotal role, enabled by genomic data, innovativ...

Transdermal Patches Market  in terms of revenue was estimated to be worth $6.2 billion in 2023 and is poised to reach $8.0 billion by 2029, growing at a CAGR of 4.5% from 2023 to 2029. The factors driving the growth of the global transdermal patches market include the rising prevalence of chronic diseases, the expanding use of analgesic patches, technological developments in transdermal patches, and the shift from traditional injections to transdermal patches. However, during the expected duration, factors such as medication failures, recalls of transdermal drug delivery systems, and escalating healthcare facility expenses are anticipated to limit the market’s expansion to a certain degree. Download an Illustrative overview:  https://www.marketsandmarkets.com/pdfdownloadNew.asp?id=190809043 The transdermal patches market is further segmented based on the patch type, adhesive type, application, distribution channel, end-user, and region. The Drug-In-Adhesives segment is expecte...