The planet’s population is growing larger and living longer. This means global healthcare translation and healthcare localization services will continue to be a big part of the international medical system. For anyone working in the medical device or healthcare fields, healthcare translation services can help firms get into and thrive in various global healthcare markets. Here are three important healthcare areas that medical device manufacturers and healthcare professionals ought to pay attention to.
#1 Fitness Technology and Foreign Translations
Fitness technology is big business these days. In places like India, with more and more smartphones penetrating the market, offering greater access to technology, wearable fitness devices are set to take off. The market could reach $250 million in India alone by 2023. And India isn’t alone! With interest in fitness and fitness devices spreading around the globe, China’s focus on fitness technology is on the move.
Manufacturers of wearable fitness devices are taking advantage of this fact, along with the evolving technology. This means a greater need for foreign translations and healthcare localization services when marketing and selling these fitness devices and apps. And since the international wearable fitness technology market is set to reach more than $12 billion by 2022, this is definitely an area to keep an eye on.
#2 Diabetes Treatments and Healthcare Translation
Unfortunately, diabetes is still on the rise in North America, and in many other parts of the world. According to the CDC, more than 30 million Americans have diabetes now. If the current trends hold, 1 out of every 3 American adults will have diabetes by 2050.
While this isn’t great health news, more research into diabetes, plus new tech like wearable insulin delivery devices, glucose monitoring systems, insulin dose calculation software and mobile diabetes management technologies can all potentially improve the lives of millions of people. And since diabetes is on the rise (especially type 2 diabetes) in places like the Eastern Mediterranean, the Arab world and South-East Asia, healthcare translation services can help increase the awareness of, and ultimately deliver diabetes medication and technologies to the patients who need it the most.
#3 Nanotechnology and Healthcare Localization Services
Nanotechnology (100 nanometers or less) will be at the forefront of medical device innovations in the years to come. According to Business Wire, increased research funding, as well as a “growing incidence of cardiovascular diseases” and the climbing geriatric population, along with an increasing awareness of nanomedicine applications (many new players investing in the technology) are all “major drivers for the growth of this market.”Global healthcare localization services and foreign translations can assist firms entering, or expanding operations in the nanotechnology medical field, which could grow at a rate of 14.0% between 2017-2022, possibly reaching $293 billion by 2022.
As the applications and potential of medical nanotechnology increase, establishing a professional relationship with an experienced healthcare translation service can give your company a competitive edge when it decides to enter new medical markets, and take advantage of new medical trends.
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