Diagnosis and Imaging devices is bifurcated in sub-areas Endoscopic Devices, and Monitoring and Tracking Devices. The patent filing trend of Endoscopic Devices has maintained a steady pace due to consistent patent filing by Olympus Corporation. The market of the endoscopic devices is estimated to grow $40 billion by 2022 and the trends hint Olympus to remain at the top and get a big share of the $40bn pie.
Patent filing in Monitoring and Tracking Devices has doubled and Philips, Medtronic, and Covidien are at the top of the chart. Philips became the top patent holder of the domain in 2016. Before that Medtronic was the top patent holder.
Below are the top three patent holders of the sub-areas of Diagnosis and Imaging Devices:
Analysis By: Vipin Singh, Marketing