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Global Wireless Electrocardiography Market is estimated to reach US$ 2,295.7 Mn by 2027 from US$ 1,576 Mn in 2021. The market is registering a CAGR of 6.5% during the forecast period 2022-2027.
Global medical devices market was valued at USD 458.3 billion in 2022 and is projected to reach USD 801.4 billion by 2031, growing at a CAGR of 6.3% during the forecast period.
Global ophthalmic devices market is forecast to reach USD 69.2 billion by 2031 from 44.3 billion in 2022, with growth at CAGR of 6.9% during the forecast period 2023-2031.
The rising prevalence of chronic diseases like diabetes, cancer, gastrointestinal disorders and other diseases which elevate the demand for intensive care has significantly contributed to the market share.