Emerging trends, which have a direct impact on the dynamics of the medical device industry, include increasing use of AI-Optimized medical device, increasing acceptance of wearable medical devices, growing use of miniaturized medical devices, and growing adoption 3D-Printing in medical devices.
A total of 80 figures/charts and 53 tables are provided in this 177 page report to help in your business decisions.
The study includes the medical device market size and forecast for the medical device market through 2025, segmented by application, function, end use, and region, as follows:
Medical Device Market by Application [$B shipment analysis from 2014 to 2025]:
- Surgical and Infection Control Devices
- General Medical Devices
- Cardiovascular Devices
- Orthopedic Devices
- Home Healthcare Devices
- Other Devices
- Diagnostic and Monitoring
- Other Devices
- Homecare Medical Device
- Hospital and Ambulatory Care Medical Device
- North America
- United States
- United Kingdom
On the basis of comprehensive research, The analyst forecasts that cardiovascular device will remain the largest segment over the forecast period due to increasing geriatric population, inactive lifestyle, and poor eating habits.
Within the medical device market, diagnostic and monitoring, therapeutic, and surgical are the major function segments. Surgical device will remain the largest segment over the forecast period due to increasing number of surgical procedures, growing aging population, and increase in incidence of several chronic diseases.
North America will remain the largest region during the forecast period mainly due to a large target patient pool coupled with a high adoption rates for advanced treatments in this region. Asia Pacific is expected to witness the highest growth over the forecast period due to growing health awareness, increasing per capita income, and improving healthcare infrastructure.
Some of the features of “Medical Device Market Report: Trends, Forecast and Competitive Analysis” include:
- Market size estimates: Medical device market size estimation in terms of value ($B) shipment.
- Trend and forecast analysis: Market trend (2014-2019) and forecast (2020-2025) by region, application and end user industry
- Segmentation analysis: Medical device market size by application, function, and end use in terms of value and volume shipment.
- Regional analysis: Medical device market breakdown by key regions such as North America, Europe, and Asia & Rest of World.
- Growth opportunities: Analysis of growth opportunities in different applications and regions of medical device in the medical device market.
- Strategic analysis: This includes M&A, new product development, and competitive landscape of medical device in the medical device market.
- Analysis of competitive intensity of the industry based on Porter’s Five Forces model.
Q.1. What are some of the most promising, high growth opportunities for the medical device market by application (surgical and infection control devices, general medical devices, cardiovascular devices, orthopedic devices, home healthcare devices, and other devices), by function (diagnostic and monitoring, therapeutic, surgical and other devices), by end use (homecare medical device and hospital and ambulatory care medical device), and by region (North America, Europe, Asia Pacific, and the Rest of the World)?
Q.2. Which products segments will grow at a faster pace and why?
Q.3. Which region will grow at a faster pace and why?
Q.4. What are the key factors affecting market dynamics? What are the drivers, challenges, and business risks in this medical device market?
Q.5. What are the business risks and competitive threats in this medical device market?
Q.6. What are the emerging trends in this medical device market and the reasons behind them?
Q.7. What are some of the changing demands of customers in the medical device market?
Q.8. What are the new developments in the medical device market and which companies are leading these developments?
Q.9. Who are the major players in this medical device market? What strategic initiatives are being taken by key companies for business growth?
Q.10. What are some of the competing products in this medical device market and how big of a threat do they pose for loss of market share by product substitution?
Q.11. What M&A activity has occurred in the last 5 years in this medical device market?
2. Market Background and Classifications
2.1: Introduction, Background, and Classifications
2.2: Supply Chain
2.3: Industry Drivers and Challenges
3. Market Trends and Forecast Analysis from 2014 to 2025
3.1: Macroeconomic Trends and Forecast
3.2: Medical Device Market Trends and Forecast
3.3: Medical Device Market by Application
3.3.1: Surgical and Infection Control Devices
3.3.2: General Medical Devices
3.3.3: Cardiovascular Devices
3.3.4: Orthopedic Devices
3.3.5: Home Healthcare Devices
3.3.6: Other Devices
3.4: Medical Device Market by Function
3.5: Medical Device Market by End Use
4. Market Trends and Forecast Analysis by Region
4.1: Medical Device Market by Region
4.2: North American Medical Device Market
4.2.1: Market by Application: Surgical and Infection Control, General Medical Devices, Cardiovascular Devices, Orthopedic Devices, Home Healthcare Devices, and Other Devices
4.2.2: United States Medical Device Market
4.2.3: Canadian Medical Device Market
4.2.4: Mexican Medical Device Market
4.3: European Medical Device Market
4.3.1: Market by Application: Surgical and Infection Control, General Medical Devices, Cardiovascular Devices, Orthopedic Devices, Home Healthcare Devices, and Other Devices
4.3.2: German Medical Device Market
4.3.3: French Medical Device Market
4.3.4: Medical Device Market of the United Kingdom
4.3.5: Italian Medical Device Market
4.3.6: Spanish Medical Device Market
4.4: APAC Medical Device Market
4.4.1Market by Application: Surgical and Infection Control, General Medical Devices, Cardiovascular Devices, Orthopedic Devices, Home Healthcare Devices, and Other Devices
4.4.2: Japanese Medical Device Market
4.4.3: Chinese Medical Device Market
4.4.4: Indian Medical Device Market
4.5: ROW Medical Device Market
4.5.1: Market by Application: Surgical and Infection Control, General Medical Devices, Cardiovascular Devices, Orthopedic Devices, Home Healthcare Devices, and Other Devices
4.5.2: Brazilian Medical Device Market
5. Competitor Analysis
5.1: Product Portfolio Analysis
5.2: Market Share Analysis
5.3: Operational Integration
5.4: Geographical Reach
5.5: Porter’s Five Forces Analysis
6. Cost Structure Analysis
6.1: Cost of Goods Sold
6.3: EBITDA Margin
7. Growth Opportunities and Strategic Analysis
7.1: Growth Opportunity Analysis
7.1.1: Growth Opportunities for the Medical Device Market by Application Type
7.1.2: Growth Opportunities for the Medical Device Market by Function
7.1.3: Growth Opportunities for the Medical Device Market by End Use
7.1.4: Growth Opportunities for the Medical Device Market by Region
7.2: Emerging Trends in the Medical Device Market
7.3: Strategic Analysis
7.3.1: New Product Development
7.3.2: Capacity Expansion of the Medical Device Market
7.3.3: Mergers, Acquisitions, and Joint Ventures in the Medical Device Market
7.3.4: Technology Development
8. Company Profiles of Leading Players
8.1: Medtronic Public Limited Company
8.2: Johnson & Johnson
8.3: Cardinal Health Inc.
8.4: Stryker Corporation
8.5: General Electric Company
8.6: Becton Dickinson and Company
8.7: Koninklijke Philips N.V.
8.8: Siemens AG
*Full List of Tables and Figures Available on Enquiry.
The analyst has been in the business of market research and management consulting since 2000 and has published over 600 market intelligence reports in various markets/applications and served over 1,000 clients worldwide. Each study is a culmination of four months of full-time effort performed by the analyst team. The analysts used the following sources for the creation and completion of this valuable report:
- In-depth interviews of the major players in the market
- Detailed secondary research from competitors’ financial statements and published data
- Extensive searches of published works, market, and database information pertaining to industry news, company press releases, and customer intentions
- A compilation of the experiences, judgments, and insights of professionals, who have analyzed and tracked the market over the years.
Extensive research and interviews are conducted in the supply chain of the market to estimate market share, market size, trends, drivers, challenges and forecasts.
Thus, the analyst compiles vast amounts of data from numerous sources, validates the integrity of that data, and performs a comprehensive analysis. The analyst then organizes the data, its findings, and insights into a concise report designed to support the strategic decision-making process.