Overview of the Market The predictive maintenance market is booming worldwide, with its application in the healthcare sector emerging as one of the critical levers in decreasing downtime and facilitating better patient care. Predictive maintenance uses Internet of Things sensors, artificial intelligence, and advanced analytics to monitor and forec

Overview of the Market The rapid expansion in the catheter industry fuels growing demand for specialized downstream equipment, particularly precision tube and wire cutting systems used in catheter manufacturing. The wider catheter market was estimated in tens of billions (USD) in 2024 and is set to grow at mid- to high-single-digit CAGRs for the