With the rapid development of new prototypes and changes to how consumers view healthcare, the medical device market is growing fast. According to the latest market research, the industry will grow annually by 6.3% from 2021 to 2027, reaching a global market value of $625.3 billion. Below, we look at some of the medical device trends for 2022 driving this growth.
5 Medical Device Trends for 2022
New technologies and medical capabilities, including drug discovery and research are driving most of the growth..
Medical devices provide effective solutions for diagnosis, treatment, rehabilitation, and disease prevention. The size of the medical device market is expected to reach $623 billion by 2026 – a 5% compound annual growth rate. With help from the right plastic assembly process, your company can stay competitive in this growing market while also saving both time and money.
The most common plastic assembly processes used for medical devices include:
- Ultrasonic welding
- Vibration welding
Modern medicine has come a long way, and today we have a variety of applications in the medical industry that depend on plastic assemblies. The increasing role that technology plays in providing quality healthcare and automated medicine delivery to patients requires a high-quality plastic assembly process.
Wearable medical devices with integrated displays help physicians monitor and log a patient’s health conditions, sometimes integrating directly with their electronic health records (EHR). In an evolving market, more practitioners now depend on sophisticated electronic products to deliver precise doses of medicine. The
When it comes to the safety of our workforce and the communities we serve, Thermal Press remains committed. We don’t only want our workers and their families to remain safe, we also want to help society build and work together to find innovative solutions during the current COVID-19 pandemic. As Thermal Press provides essential service to support the health care industry, we’ve continued working during the current climate. We strive to support the manufacturers that build the products our societies rely on now, and in the future.
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