Music Therapy Awareness Month And Medical Device Market Share A Crucial Connection, Says GlobalData

Music therapy is gaining popularity as it can help reduce anxiety, stress, and perceived pain levels during medical procedures requiring the use of medical devices. Moreover, it can enhance motor function and cognitive abilities in patients with neurological disorders and improve mental health and well-being in patients with psychiatric disorders. The medical device market and Music Therapy Awareness Month share a crucial connection, as music therapy can complement medical devices and improve patient outcomes, says GlobalData, a leading data and analytics company.

Cynthia Stinchcombe, Medical Devices Analyst at GlobalData, comments: “The connection between the medical device market and Music Therapy Awareness Month is an essential topic to discuss and raising awareness of complementary therapies such as music therapy can lead to better patient outcomes and promote the growth of the medical device market. It is vital to continue exploring and implementing complementary therapies to improve healthcare and enhance patient well-being.”

According to GlobalData, the global medical device market is expected to reach $603.5bn by 2026, growing at a compound annual growth rate (CAGR) of 4.4% between 2020 and 2026. The increasing prevalence of chronic diseases and mental health conditions is driving the growth of the medical device market, making it necessary to explore complementary therapies such as music therapy. The incorporation of medical devices such as neurostimulators, brain implants, ECT devices, and TMS devices can enhance the effectiveness of music therapy interventions.

Stinchcombe concludes: “The organizers of Music Therapy Awareness Month urge healthcare professionals and patients to explore the benefits of music therapy and its role in enhancing healthcare outcomes. By raising awareness about the benefits of music therapy through campaigns like Music Therapy Awareness Month, healthcare professionals can be encouraged to adopt it into their practice, leading to better patient outcomes and the continued growth of the medical device market.”