Latest Breaking News On - Medical device market - Page 18 : comparemela.com

Share this article Share this article ResearchAndMarkets.com s offering. The global market s growth is attributed to the growing prevalence of chronic diseases, arise in the world s geriatric population, growing demand for minimally-invasive procedures, rising COVID-19 cases, and an increasing number of product launches. Various governments are looking at medical device technology companies in efforts to make healthcare more affordable. Some governments in Western Europe encourage older adults to stay in their homes for longer periods to trim budgets. There is considerable pressure on medical device technology firms to ensure compliance with different varying regulatory standards. Governments of various regions have framed rules and regulations to ensure that these companies meet safety and efficacy criteria for their devices.

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