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The EEG machines market was valued at US$ 990.26 million in 2020, and it is projected to reach US$ 1,937.00 million by 2028; it is expected to grow at a CAGR of 8.8% from 2021 to 2028.

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Advantages of Electric Bed market

The electric bed market is expected to reach US$ 4,597.60 million by2027 from US$ 2,111.59 million in 2019. The market is estimated to grow ata CAGR of 9.6% from 2020 to 2027.

The growth of the market is attributed to key driving factors such as rising number of chronic diseases, increasing number of hospitals and clinics, and growing number of public–private partnership in the healthcare industry. However, the steep prices of electric beds and reduction in the average length of hospital stays are likely to hinder the electric beds market growth.

Read more about the Electric Bed market

The global Electric Bed market is analyzed on the basis of type, product type, application, end user, and geography. Based geography, the Electric Bed market is broadly segmented into North America, Europe, Asia Pacific, the Middle East and Africa (MEA), and South and Central America. The report offers insights and in-depth analysis of the Electric Bed market, emphasizing parameters, such as market trends, technological advancements, and market dynamics, along with the analysis of the competitive landscape of the world's leading market players in the global Electric Bed market.

Product-BasedInsights

Based on product, the electric bed market is segmented into semi-automatic electric bed and fully automatic electric bed. The semi-automatic electric bed segment held alargershare of the market in 2019,while the fully automatic electric bed segment is expected to grow at ahigherCAGR during the forecast period. The increasing number of patients coupled with patient compliance and improvement in the quality of care provided by healthcare institutions acrossthe world are expected to augment the growth of the fully automatic electric beds segment during the coming years.

Application-Based Insights

Based on application, the electric bed market is segmented into general bed, intensive care bed, bariatric bed, and birthing bed. The general bed segment held the largest share of the market in 2019. However, the intensive care segment is estimated to register the highest CAGR during the forecast period.

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Advantages of Cervical Retractors market

Geriatric population is defined as a group of people with age 65 and above. Surge in aging population is poised to one of the most significant causes of social transformations in the 21st century. As per the data published by the United Nations, the world had ~962 million people with age 60 or above in 2017, which was 13% of the global population in that year. Further, this population is estimated to grow at a rate of 3% every year. At present, Europe and Asia Pacific have the highest population of age 60 and above. The elderly population in the world is projected to reach 1.4 billion, 2.1 billion, and 3.1 billion by 2030, 2050, and 2100. Aging is linked with various chronic diseases. Spinal conditions are the most common conditions observed in older adults, affecting 5–55% of people with age 55 and above. These medical conditions are associated with a high risk for adverse outcomes such as mortality, disability, institutionalization, and hospitalization. Overall trends regarding the number of cervical spine procedures are increasing due to many factors, chief of which is an aging population. Hence, with the growing geriatric population and rise in prevalence of associated cervical pain, the cervical retractors market is witnessing significant growth.

Read more about the Cervical Retractors market

The global Cervical Retractors market is analyzed on the basis of type, product type, application, end user, and geography. Based geography, the Cervical Retractors market is broadly segmented into North America, Europe, Asia Pacific, the Middle East and Africa (MEA), and South and Central America. The report offers insights and in-depth analysis of the Cervical Retractors market, emphasizing parameters, such as market trends, technological advancements, and market dynamics, along with the analysis of the competitive landscape of the world's leading market players in the global Cervical Retractors market.

Market Insights

Cervical degenerative disc disease is not technically a disease, but rather a description of the degenerative process that discs located in the cervical spine go through. Essentially all people who live long enough will develop degenerated discs.

Different studies suggest that many adults show no symptoms of degenerative disc disease, even though a high percentage of them still experience the signs of disc degeneration on the spine, in on an MRI. According to one of the studies, ~50% of people start showing some signs of disc degeneration in an MRI by their early 20s. Another study found ~75% of people under age 50 have disc degeneration, while more than 90% of people with age 50 have the degenerative disc disease. While nearly everyone eventually gets cervical degenerative disc disease with age, and factors such as genetics, obesity, and smoking accelerate the process of developing this disease, so that the people become symptomatic sooner. The prevalence of obesity is high, exceeding 30% of the population in the US. The number of cervical spine surgeries has increased significantly in the last decade; it reached 36,441 in 2011 (P<0.001) from 27,445 in 2002, with anterior cervical fusions being the most common type (84%).

Product: Technology Insights

In terms of product, the global cervical retractors market is segmented into transverse retractors and longitudinal retractors. The transverse retractors segment held a larger share of the market in 2021 and is expected to continue its dominance and register the highest CAGR in the market during the forecast period.

End User: Insights

Based on end user, the global cervical retractors market is segmented into hospital, clinic, and others. The hospital segment held the largest share of the market in 2021, and it is expected to register the highest CAGR during the forecast period. For instance, hospital is a complex- organization and an institute that provides health to people through complicated but specialized scientific equipment and trained staff educated in the problems of modern medical science. Internal fixation of the spine or other surgical procedures requires shorter or more extended hospital stays, enables patients to return to function earlier, and reduces post-surgical complications. The hospitals are equipped with all the surgical procedures related to the neck. The hospitals' spending capability has increased due to the rising healthcare expenditures by the government, and the private sector hospitals are expected to support the segment growth.

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Recent Developments of Cardiac Monitoring Devices market

A cardiac event monitor is a device used to record the heart's electrical activity (ECG) and keeps track of the heartbeat and rhythm. Cardiac event monitors are used when there is a need for long-term monitoring of symptoms that do not happen daily. Important heart health data can be tracked, recorded, and sent to patients’ doctors using a cardiac monitoring gadget, which reduces the need for frequent visits to the doctor's office, allowing the care team to monitor patients’ heart health from a distance.

Read more about the Cardiac Monitoring Devices market

The global cardiac monitoring devices market is analyzed on the basis of type, product type, application, end user, and geography. Based geography, the cardiac monitoring devices market is broadly segmented into North America, Europe, Asia Pacific, the Middle East and Africa (MEA), and South and Central America. The report offers insights and in-depth analysis of the cardiac monitoring devices market, emphasizing parameters, such as market trends, technological advancements, and market dynamics, along with the analysis of the competitive landscape of the world's leading market players in the global cardiac monitoring devices market.

Rise in Number of Product Launches and Approvals Contributes Significantly to Global Cardiac Monitoring Devices Market Growth.

The global cardiac monitoring devices market is characterized by many small and big companies. To increase their market share, market players are taking up various strategies such as new product launches, regional expansion, and technological advancements. Cardiac monitoring devices are safer and more effective than ever with continued innovation and technological advances, leading to increased acceptance of cardiac monitoring devices. Leading players are investing in R&D to develop advanced technologies and gain more revenue share.

A few of the recent developments related to the global cardiac monitoring devices market are mentioned below:

In May 2021, Medtronic plc announced the commercial launch of the SonarMed airway monitoring system in the US., The SonarMed airway monitoring system uses acoustic technology to check for endotracheal tube (ETT) obstruction and confirm position in real-time, giving physicians’ vital information make more informed and life-saving decisions for their patients.

In July 2021, Medtronic plc announced US Food and Drug Administration (FDA) clearance for two AccuRhythm AI algorithms using the LINQ II insertable cardiac monitor (ICM). AccuRhythm AI applies artificial intelligence (AI) to cardiac rhythm event data collected by LINQ II to improve the accuracy of information received by physicians to diagnose better and treat abnormal cardiac rhythms.

In July 2021, Abbott announced the launch of its latest implantable cardiac monitor (ICM), the Jot Dx, in theUS. With Jot Dx ICM, doctors and hospitals can view all abnormal cardiac rhythm data or use the "Key Episodes" option to inform through a unique feature that simplifies recorded arrhythmia rhythms. This technology enables remote detection of patient cardiac arrhythmias and improved diagnostic accuracy. Jot Dx ICM utilizes SyncUP, a personalized service that provides customized education and training to help patients connect to and stay connected to the ICM.

In January 2022, MicroPort CRM was approved by Japanese regulatory agency PMDA for Alizea, the latest implantable pacemaker. These devices feature Bluetooth technology for optimized remote monitoring when combined with MicroPort CRM's already approved SmartView Connect home monitor in Japan.

June 2021, Shenzhen Carewell Electronics Co., Ltd. launched the new ECG tablets NeoEC GT180 and NeoECGS120. Neo ECG enables hospitals and medical centers to perform smart diagnostics by supporting connectivity with the AIECG platform.

The "Cardiac Monitoring Devices Market Analysis to 2028" is a specialized and in-depth study of the pharmaceuticals industry with a special focus on the global market trend analysis. The report aims to provide an overview of in Cardiac Monitoring Devices market with detailed market segmentation by product, application and geography. The in Cardiac Monitoring Devices market is expected to witness high growth during the forecast period. The report provides key statistics on the market status of the leading in Cardiac Monitoring Devices market players and offers key trends and opportunities in the market.

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Future Trends in Healthcare Actuator market

The healthcare industry is designing and manufacturing a number of innovative machines that require actuators. Actuator controls motions by converting electrical, pneumatic or hydraulic energy into mechanical movement. These are used in medical devices such as wheelchairs, patient lifts, treatment chairs, and medical beds. The global healthcare actuator market growth is mainly attributed to factors such as increasing healthcare facilities and rising geriatric population. However, the high cost of medical devices is restricting the market growth.

Actuation-Based Insights

The healthcare actuator market, by actuation, is segmented into electrical, pneumatic, and hydraulic. The electrical segment held the largest share of the market in 2019 and is anticipated to register the highest CAGR during the forecast period. Electric actuators provide flexibility and enhance the patient’s movements with less manual intervention.

Type-Based Insights

The healthcare actuator market, by type, is segmented into linear and rotary. The linear segment held a larger share of the market in 2019 and is anticipated to register a higher CAGR during the forecast period.

Strategic Insights

Product launches and approvals are the commonly adopted strategies by companies to expand their global footprints and product portfolios. Collaboration is one of the major strategies adopted by the healthcare actuator market players to enlarge customer base worldwide, which also permits them to maintain their brand name globally.

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