Medical Device Technologies : Future Scenario
Some of the exciting trends are the use of
state-of-the-art manufacturing techniques such as
rapid prototyping, computer-aided designs, robotics
and the use of risk analysis in the design of
trends in medical device manufacturing do you find the
The use of state-of-the-art manufacturing techniques such
And The Use Of Risk Analysis In The Design of
Devices Are Very Exciting Trends
is the medical device manufacturing industry headed?
going to see a paradigm shift in the medical device
industry due to the current biological revolution.
There will be more emphasis in developing combination
devices and on tissue engineering/regenerative
medicine. There is also a trend in medicine towards
developing "less invasive" surgical techniques and for
implanting medical devices.
areas of the medical device industry do you see as
having the most growth potential?
Regenerative Medicine And
These are hot areas, as well as
combination medical devices
of the Global market
The disposable market comprises primarily of gloves,
masks, drapes, syringes, needles, catheters and
tubes/containers used in clinical laboratory.
Magnitude of the disposable market is evident from the
fact that in US 14 of the top 20 products were
Unlike the equipment market, this market is more price
sensitive, driven by volume business and fast
availability. Hence distribution gains paramount
importance for this market.
of the Global market
still the largest medical device market and leads the
world in advanced medical technologies.
An interesting feature of the US industry is its
continuos development and use of new and innovative
techniques in areas
minimal invasive surgery,
biocompatible materials used for cardiovascular, and
Dominance of US on the global market is apparent even
However, the past few decades have seen decrease of
its share from 75% during 1980s to the present level
Western Europe is the second largest market and
accounts for nearly 25 percent of the global medical
In Asia, Japanese market has the highest level of
advanced medical technologies and economic
Countries such as China and India will have greatest
growth potential due to their large population and
developing healthcare system.
Other countries like Singapore, Malaysia, Brazil,
Mexico, Chile and Korea are expected to show
significant growth in medical disposable and equipment
resulting from improvement in their economies and
health care systems.