Updated on 28 November 2012
Some of the fast adaptive and innovative medical devices that have made a mark in the healthcare scene are a blood pressure monitoring device, wireless pulse monitor; electro enphagraphy (EEG) and a headband-like device through which real time brain waves are transmitted. Remote fetal monitoring, remote cardiac monitoring, diabetes management solution are some solutions developed for managing patients remotely and instantly. Also, solar-powered medical devices are being developed for medical imaging equipment specifically designed for low-resource countries.
"There is an increasing demand for innovative medical devices and investors are ambitious to make global profits to intensified growth rate. The medical device market is taking baby steps in this rapidly evolving industry to address the healthcare perspectives," says Ms Reenita Das, senior vice president- healthcare, Asia Pacific and Latin America, Frost & Sullivan.
According to the analyst, the US, Japan and Germany are the prime consumers of medical devices and are also the leading producers and exporters of high quality and high-tech medical instruments and equipment. Besides, there is a strong growth in the middle-income countries such as China, Brazil, Mexico, India and Turkey.
Innovative medical devices and diagnostic kits create multidimensional impact on society by influencing health management and its efficiency cycle. Medical devices that are durable, can be easily maintained and operated with ease elevate the level of healthcare by making home healthcare possible.
"Better health management can bring quality healthcare at affordable prices. The seed funds required for bringing easy access to medical devices powered by renewable energy can save billions of dollars in preventing diseases, providing quality of life," says Ms Das.