The stats for market growth of the healthcare devices, estimates to grow from USD 521.2 Billion (2017) to USD 674.5 Billion in the forthcoming years by 2022. This CAGR of 5.3% is credited to the pushing demand of medical devices.
The UK healthcare device market stands at the secured position of 6th largest producer and manufacturer in the world. This is due to the fact that 23% of the current population in Europe is 60 or above. Thus, higher life expectancy and decreased mortality rates are the drivers of this growth. The rapid expansion of emerging markets and growth in mature markets as the effects of the economic crisis begin to fade is another reason for the expansion of the healthcare industry.
With stressed health care system, patients are not treated with utmost attention and care. As a consequence, both laypeople and professional caregivers are making use of wide variety of technologies for assistance with health management. These technologies provide support not only for care related to acute and chronic medical conditions but also for disease prevention and lifestyle choices. The government of UK has taken initiatives that are targeting social health inequalities and opportunities from new emerging markets to support and promote trade of healthcare devices.
Health care informed patients are looking for solutions for early diagnosis, treatment of medical conditions and also better access to advanced technologies.
As seen in UK and wider areas of Europe, life expectancy has increased as the gap in health inequalities shrinks. With ageing population, comes the increasing prevalence of age related diseases and long term effects of disease progression in chronic illnesses such as Diabetes and cardiovascular diseases which previously were unknown. Thus, these medical equipments or ‘on-the-counter’ healthcare devices assure better care coordination, increased diagnostic efficiency and treatment convenience for patients.
The maximum purchases of health care products are made via online stores with numerous devices being sold. Given the obesity epidemic and the virtual explosion in diabetes, there is likely to be continued growth in demand for glucose monitoring devices in the markets. Knee and elbow TENS are current favourites in the market as these devices block pain gate mechanism, to block the passage of pain signals to the brain. Another excellent device in the league is stomach toning belt which is gaining popularity as it helps in toning, strengthening and firming abdominal muscles. Machines like foot spa devices are therapeutic machines that work to relieve stress culminated in your feet.
About Annova
Annova (UK) Ltd. is positioned uniquely with a wide range of quality-assured consumer electronics, personal care and healthcare products. This includes some of UK’s most eagerly sought health caredevices.
Using procurement specialists, Annova continues to curate its range of products, ensuring that the product selection is aligned to well-mapped customer expectations. This includes many health monitoring devices with high accuracy and better results. Expect same-day shipping for a large part of the inventory and alert customer-interaction division that always revert to customer queries.
Know More: https://www.annova.biz/
Contact Information:
Annova (UK) Ltd [T/A Annova.biz]
Wembley, Middlesex, HA0 1SU
Tel: +442089079950
UK: customercare@annova.biz
DE: customercare.de@annova.biz
FR: customercare.fr@annova.biz
