Because of remarkable advances in science and technology, including those in the health care industry, life expectancy in many countries has been steadily growing. As a result, the expanding proportion of elderly people promises further growth of demand for medical devices.
Equipment types within the medical devices industry are categorized as follows:
In-vitro Diagnostics – includes all types of diagnostic test equipment
Electro-medical equipment –includes patient monitoring, MRI machines, ultrasound
Irradiation apparatus – includes X-ray devices and other diagnostic imaging like CT/PET
Surgical and medical instruments – includes aesthesia apparatus, orthopedic instruments, optical diagnostic apparatus, blood transfusion devices, etc.
Ophthalmic equipment – for eye examination and eye surgery