This report describes and explains the medical equipment market and covers 2017-2022, termed the historic period, and 2022-2027 termed the forecast period, along with further forecasts for the period 2027-2032. The report evaluates the market across each region and for the major economies within each region.
The global medical equipment market reached a value of nearly $647.38 billion in 2022, having grown at a compound annual growth rate (CAGR) of 7.2% since 2017. The market is expected to grow from $647.38 billion in 2022 to $963.11 billion in 2027 at a rate of 8.3%. The market is then expected to grow at a CAGR of 8.0% from 2027 and reach $1,414.01 billion in 2032.
Growth in the historic period resulted from an increased healthcare expenditure, strong economic growth in emerging markets, growth in the number of healthcare facilities and an increased number of surgical procedures.
Going forward, rapid growth in the elderly population, an increasing prevalence of chronic diseases and government support will drive the growth. Factors that could hinder the growth of the medical equipment market in the future include insufficient public health insurance coverage in developing economies, a shortage of surgeons, stringent government regulations and the Russia-Ukraine war impact.
The medical equipment market is segmented by type into in-vitro diagnostics, dental equipment and supplies, ophthalmic devices, diagnostic imaging equipment, cardiovascular devices, hospital supplies, surgical equipment, orthopedic devices, patient monitoring devices, diabetes care devices, nephrology and urology devices, ENT devices, anesthesia and respiratory devices, neurology devices, and wound care devices. The in-vitro diagnostics market was the largest segment of the medical equipment market segmented by type accounting for 14.8% of the total in 2022. Going forward, the anesthesia and respiratory devices market is expected to be the fastest growing segment in the medical equipment market segmented by type, at a CAGR of 11.1% during 2022-2027.
The in-vitro diagnostics market further is segmented by type into point-of-care diagnostics devices and equipment, immunochemistry diagnostic devices and equipment, clinical chemistry diagnostics devices and equipment, molecular diagnostics devices and equipment, microbiology diagnostic devices and equipment, hemostasis diagnostic devices and equipment, hematology diagnostic devices and equipment and immunohematology diagnostic devices and equipment. The point-of-care diagnostics market was the largest segment of the in-vitro diagnostics market segmented by type accounting for 29.8% of the total in 2022. Going forward, the point-of-care diagnostics market is expected to be the fastest growing segment in the in-vitro diagnostics market segmented by type, at a CAGR of 10.5% during 2022-2027.
The dental equipment and supplies market further is segmented by type into therapeutic dental equipment, general dental devices and equipment, dental diagnostic imaging devices and equipment and dental surgical devices and equipment. The general dental devices and equipment market was the largest segment of the dental equipment and supplies market segmented by type accounting for 52.5% of the total in 2022. Going forward, the general dental devices and equipment market is expected to be the fastest growing segment in the dental equipment and supplies market segmented by type, at a CAGR of 10.7% during 2022-2027.
The ophthalmic devices market further is segmented by type into vision care devices and equipment, cataract surgery devices and equipment, refractive surgery devices and equipment, and diagnostic and monitoring ophthalmic devices and equipment. The vision care devices market was the largest segment of the ophthalmic devices market segmented by type accounting for 74.8% of the total in 2022. Going forward, the diagnostic and monitoring ophthalmic devices and equipment market is expected to be the fastest growing segment in the ophthalmic devices market segmented by type, at a CAGR of 10.0% during 2022-2027.
The diagnostic imaging devices and equipment market further is segmented by type into X-ray systems devices and equipment, ultrasound systems devices and equipment, computed tomography (CT) scanners devices and equipment, magnetic resonance imaging systems devices and equipment, cardiovascular monitoring and diagnostic devices and equipment and nuclear imaging devices and equipment. The X-ray systems devices and equipment market was the largest segment of the diagnostic imaging devices and equipment market segmented by type accounting for 31.3% of the total in 2022. Going forward, the X-ray systems devices and equipment market is expected to be the fastest growing segment in the diagnostic imaging devices and equipment market segmented by type, at a CAGR of 7.0% during 2022-2027.
The cardiovascular devices market further is segmented by type into cardiovascular surgery devices and equipment, cardiac rhythm management (CRM) devices and equipment, interventional cardiology devices and equipment, defibrillator devices and equipment, peripheral vascular devices and equipment, prosthetic heart valve devices and equipment, electrophysiology devices and equipment, and cardiac assist devices and equipment. The cardiac rhythm management (CRM) devices and equipment market was the largest segment of the cardiovascular devices market segmented by type accounting for 25.3% of the total in 2022. Going forward, the cardiac rhythm management (CRM) devices and equipment market is expected to be the fastest growing segment in the cardiovascular devices market segmented by type, at a CAGR of 8.1% during 2022-2027.
The hospital supplies market further is segmented by type into disposable hospital supplies, sterilization equipment and disinfectants, mobility aids and transportation equipment, and operating room equipment. The disposable hospital supplies market was the largest segment of the hospital supplies market segmented by type accounting for 51.1% of the total in 2022. Going forward, the disposable hospital supplies market is expected to be the fastest growing segment in the hospital supplies market segmented by type, at a CAGR of 6.6% during 2022-2027.
The surgical equipment market further is segmented by type into surgical sutures and staples, handheld surgical devices and equipment and electrosurgical devices and equipment. The surgical sutures and staples market was the largest segment of the surgical equipment market segmented by type accounting for 45.1% of the total in 2022. Going forward, the surgical sutures and staples market is expected to be the fastest growing segment in the surgical equipment market segmented by type, at a CAGR of 7.2% during 2022-2027.
The orthopedic devices market further is segmented by type into joint reconstruction devices and equipment, spinal surgery devices and equipment, trauma fixation devices and equipment, and craniomaxillofacial (CMF) devices and equipment. The joint reconstruction devices and equipment market was the largest segment of the orthopedic devices market segmented by type accounting for 46.5% of the total in 2022. Going forward, the craniomaxillofacial (CMF) devices and equipment market is expected to be the fastest growing segment in the orthopedic devices market segmented by type, at a CAGR of 6.4% during 2022-2027.
The patient monitoring devices market further is segmented by type into fetal and neonatal monitoring devices, weight monitoring and body temperature monitoring devices and equipment, vital parameter monitoring devices and equipment, and remote patient monitoring devices and equipment. The weight monitoring and body temperature monitoring devices and equipment market was the largest segment of the patient monitoring devices market segmented by type accounting for 34.3% of the total in 2022. Going forward, the remote patient monitoring devices and equipment market is expected to be the fastest growing segment in the patient monitoring devices market segmented by type, at a CAGR of 9.42% during 2022-2027.
The diabetes care devices market further is segmented by type into blood glucose test strips, insulin pens, syringes, pumps and injectors, lancing devices and equipment, continuous glucose monitoring devices and equipment and blood glucose meters. The insulin pens, syringes, pumps and injectors market was the largest segment of the diabetes care devices market segmented by type accounting for 36.2% of the total in 2022. Going forward, the insulin pens, syringes, pumps and injectors market is expected to be the fastest growing segment in the diabetes care devices market segmented by type, at a CAGR of 7.1% during 2022-2027.
The nephrology and urology devices market further is segmented by type into dialysis devices and equipment, urinary stone treatment devices and equipment, urinary incontinence and pelvic organ prolapse devices and equipment, benign prostatic hyperplasia (BPH) treatment devices and equipment and endoscopy devices and equipment. The endoscopy devices and equipment market was the largest segment of the nephrology and urology devices market segmented by type accounting for 45.6% of the total in 2022. Going forward, the endoscopy devices and equipment market is expected to be the fastest growing segment in the nephrology and urology devices market segmented by type, at a CAGR of 6.4% during 2022-2027.
The ENT devices market further is segmented by type into hearing aid devices and equipment, hearing diagnostic devices and equipment, ENT surgical devices and equipment, hearing implants, voice prosthesis devices and equipment, and nasal splints. The hearing aid devices and equipment market was the largest segment of the ENT devices market segmented by type accounting for 33.7% of the total in 2022. Going forward, the hearing aid devices and equipment market is expected to be the fastest growing segment in the ENT devices market segmented by type, at a CAGR of 8.9% during 2022-2027.
The anesthesia and respiratory devices market further is segmented by type into respiratory devices and equipment (therapeutic and diagnostic), anesthesia machines, anesthesia disposables and respiratory disposables. The respiratory devices and equipment (therapeutic and diagnostic) market was the largest segment of the anesthesia and respiratory devices market segmented by type accounting for 56.2% of the total in 2022. Going forward, the respiratory devices and equipment (therapeutic and diagnostic) market is expected to be the fastest growing segment in the anesthesia and respiratory devices market segmented by type, at a CAGR of 11.3% during 2022-2027.
The neurology devices market further is segmented by type into cerebrospinal fluid management (CSF) devices and equipment, interventional neurology devices and equipment, neurosurgery devices and equipment, and neurostimulation devices. The neurosurgery devices and equipment market was the largest segment of the neurology devices market segmented by type accounting for 45.1% of the total in 2022. Going forward, the cerebrospinal fluid management (CSF) devices and equipment market is expected to be the fastest growing segment in the neurology devices market segmented by type, at a CAGR of 11.0% during 2022-2027.
The wound care devices market further is segmented by type into traditional adhesive dressings, negative-pressure wound therapy (NPWT), traditional gauze dressings, and advanced wound care devices. The traditional adhesive dressings market was the largest segment of the wound care devices market segmented by type accounting for 70.3% of the total in 2022. Going forward, the negative-pressure wound therapy (NPWT) market is expected to be the fastest growing segment in the wound care devices market segmented by type, at a CAGR of 8.04% during 2022-2027.
The medical equipment market is segmented by type of expenditure into public and private. The public market was the largest segment of the medical equipment market segmented by type of expenditure accounting for 57.2% of the total in 2022. Going forward, the public market is expected to be the fastest growing segment in the medical equipment market segmented by type of expenditure, at a CAGR of 8.7% during 2022-2027.
The medical equipment market is segmented by product into instruments and equipment and disposables and consumables. The disposables and consumables market was the largest segment of the medical equipment market segmented by product accounting for 58.8% of the total in 2022. Going forward, the disposables and consumables market is expected to be the fastest growing segment in the medical equipment market segmented by product, at a CAGR of 8.9% during 2022-2027.
The medical equipment market is segmented by end user into hospitals and clinics, homecare and diagnostic centers and other end users. The hospitals and clinics market was the largest segment of the medical equipment market segmented by end user accounting for 88.7% of the total in 2022. Going forward, the homecare market is expected to be the fastest growing segment in the medical equipment market segmented by end user, at a CAGR of 9.8% during 2022-2027.
North America was the largest region in the medical equipment market, accounting for 33.0% of the total in 2022. It was followed by Asia Pacific, and then the other regions. Going forward, the fastest-growing regions in the medical equipment market will be Middle East, and, South America where growth will be at CAGRs of 12.7% and 12.3% respectively. These will be followed by Africa, and, Western Europe where the markets are expected to grow at CAGRs of 9.0% and 8.4% respectively.
The medical equipment market is fairly concentrated, with a few large competitors. The top ten competitors in the market made up to 33.22% of the total market in 2021. Medtronic Inc was the largest competitor with 4.96% share of the market, followed by Abbott Laboratories with 4.72%, Johnson & Johnson with 4.71%, Siemens AG with 3.74%, Becton Dickinson and Company (BD) with 3.21%, STRYKER CORPORATION with 2.98%, Cardinal Health with 2.77%, Danaher Corporation with 2.23%, Boston Scientific Corporation with 2.07%, and Koninklijke Philips N.V. with 1.83%.
The top opportunities in the medical equipment market segmented by type will arise in the in-vitro diagnostics segment, which will gain $58.18 billion of global annual sales by 2027. The top opportunities in segment by type of expenditure will arise in the public segment, which will gain $191.57 billion of global annual sales by 2027. The top opportunities in segment by product will arise in the disposables and consumables segment, which will gain $203.30 billion of global annual sales by 2027. The top opportunities in segment by end user will arise in the hospitals and clinics segment, which will gain $279.88 billion of global annual sales by 2027. The medical equipment market size will gain the most in the USA at $74.87 billion.
Market-trend-based strategies for the medical equipment market include developing new technological solutions, focusing on expansion of medical equipment manufacturing facilities, focusing on expansion of medical equipment manufacturing facilities, focusing on partnerships and collaborations, focusing on cardiovascular devices manufacturing and focusing on hybrid imaging technologies.
Player-adopted strategies in the medical equipment market include expanding manufacturing capabilities globally across different countries and regions, investments in R&D and launch of new products, expanding product offerings through strategic acquisitions, collaborating with stakeholders to expand manufacturing capabilities and strengthening business operations through the launch of new products and solutions.
To take advantage of the opportunities, the publisher recommends the medical equipment companies to focus on technology development, focus on product innovations, focus on wearable technology, focus on hybrid imaging technology, expand in emerging markets, continue to focus on developed markets, focus on strategic partnerships and collaborations, provide competitively priced offerings, participate in trade shows and events, continue to use B2B promotions, continue to target fast-growing end-users and target elderly population.
The global medical equipment market reached a value of nearly $647.38 billion in 2022, having grown at a compound annual growth rate (CAGR) of 7.2% since 2017. The market is expected to grow from $647.38 billion in 2022 to $963.11 billion in 2027 at a rate of 8.3%. The market is then expected to grow at a CAGR of 8.0% from 2027 and reach $1,414.01 billion in 2032.
Growth in the historic period resulted from an increased healthcare expenditure, strong economic growth in emerging markets, growth in the number of healthcare facilities and an increased number of surgical procedures.
Going forward, rapid growth in the elderly population, an increasing prevalence of chronic diseases and government support will drive the growth. Factors that could hinder the growth of the medical equipment market in the future include insufficient public health insurance coverage in developing economies, a shortage of surgeons, stringent government regulations and the Russia-Ukraine war impact.
The medical equipment market is segmented by type into in-vitro diagnostics, dental equipment and supplies, ophthalmic devices, diagnostic imaging equipment, cardiovascular devices, hospital supplies, surgical equipment, orthopedic devices, patient monitoring devices, diabetes care devices, nephrology and urology devices, ENT devices, anesthesia and respiratory devices, neurology devices, and wound care devices. The in-vitro diagnostics market was the largest segment of the medical equipment market segmented by type accounting for 14.8% of the total in 2022. Going forward, the anesthesia and respiratory devices market is expected to be the fastest growing segment in the medical equipment market segmented by type, at a CAGR of 11.1% during 2022-2027.
The in-vitro diagnostics market further is segmented by type into point-of-care diagnostics devices and equipment, immunochemistry diagnostic devices and equipment, clinical chemistry diagnostics devices and equipment, molecular diagnostics devices and equipment, microbiology diagnostic devices and equipment, hemostasis diagnostic devices and equipment, hematology diagnostic devices and equipment and immunohematology diagnostic devices and equipment. The point-of-care diagnostics market was the largest segment of the in-vitro diagnostics market segmented by type accounting for 29.8% of the total in 2022. Going forward, the point-of-care diagnostics market is expected to be the fastest growing segment in the in-vitro diagnostics market segmented by type, at a CAGR of 10.5% during 2022-2027.
The dental equipment and supplies market further is segmented by type into therapeutic dental equipment, general dental devices and equipment, dental diagnostic imaging devices and equipment and dental surgical devices and equipment. The general dental devices and equipment market was the largest segment of the dental equipment and supplies market segmented by type accounting for 52.5% of the total in 2022. Going forward, the general dental devices and equipment market is expected to be the fastest growing segment in the dental equipment and supplies market segmented by type, at a CAGR of 10.7% during 2022-2027.
The ophthalmic devices market further is segmented by type into vision care devices and equipment, cataract surgery devices and equipment, refractive surgery devices and equipment, and diagnostic and monitoring ophthalmic devices and equipment. The vision care devices market was the largest segment of the ophthalmic devices market segmented by type accounting for 74.8% of the total in 2022. Going forward, the diagnostic and monitoring ophthalmic devices and equipment market is expected to be the fastest growing segment in the ophthalmic devices market segmented by type, at a CAGR of 10.0% during 2022-2027.
The diagnostic imaging devices and equipment market further is segmented by type into X-ray systems devices and equipment, ultrasound systems devices and equipment, computed tomography (CT) scanners devices and equipment, magnetic resonance imaging systems devices and equipment, cardiovascular monitoring and diagnostic devices and equipment and nuclear imaging devices and equipment. The X-ray systems devices and equipment market was the largest segment of the diagnostic imaging devices and equipment market segmented by type accounting for 31.3% of the total in 2022. Going forward, the X-ray systems devices and equipment market is expected to be the fastest growing segment in the diagnostic imaging devices and equipment market segmented by type, at a CAGR of 7.0% during 2022-2027.
The cardiovascular devices market further is segmented by type into cardiovascular surgery devices and equipment, cardiac rhythm management (CRM) devices and equipment, interventional cardiology devices and equipment, defibrillator devices and equipment, peripheral vascular devices and equipment, prosthetic heart valve devices and equipment, electrophysiology devices and equipment, and cardiac assist devices and equipment. The cardiac rhythm management (CRM) devices and equipment market was the largest segment of the cardiovascular devices market segmented by type accounting for 25.3% of the total in 2022. Going forward, the cardiac rhythm management (CRM) devices and equipment market is expected to be the fastest growing segment in the cardiovascular devices market segmented by type, at a CAGR of 8.1% during 2022-2027.
The hospital supplies market further is segmented by type into disposable hospital supplies, sterilization equipment and disinfectants, mobility aids and transportation equipment, and operating room equipment. The disposable hospital supplies market was the largest segment of the hospital supplies market segmented by type accounting for 51.1% of the total in 2022. Going forward, the disposable hospital supplies market is expected to be the fastest growing segment in the hospital supplies market segmented by type, at a CAGR of 6.6% during 2022-2027.
The surgical equipment market further is segmented by type into surgical sutures and staples, handheld surgical devices and equipment and electrosurgical devices and equipment. The surgical sutures and staples market was the largest segment of the surgical equipment market segmented by type accounting for 45.1% of the total in 2022. Going forward, the surgical sutures and staples market is expected to be the fastest growing segment in the surgical equipment market segmented by type, at a CAGR of 7.2% during 2022-2027.
The orthopedic devices market further is segmented by type into joint reconstruction devices and equipment, spinal surgery devices and equipment, trauma fixation devices and equipment, and craniomaxillofacial (CMF) devices and equipment. The joint reconstruction devices and equipment market was the largest segment of the orthopedic devices market segmented by type accounting for 46.5% of the total in 2022. Going forward, the craniomaxillofacial (CMF) devices and equipment market is expected to be the fastest growing segment in the orthopedic devices market segmented by type, at a CAGR of 6.4% during 2022-2027.
The patient monitoring devices market further is segmented by type into fetal and neonatal monitoring devices, weight monitoring and body temperature monitoring devices and equipment, vital parameter monitoring devices and equipment, and remote patient monitoring devices and equipment. The weight monitoring and body temperature monitoring devices and equipment market was the largest segment of the patient monitoring devices market segmented by type accounting for 34.3% of the total in 2022. Going forward, the remote patient monitoring devices and equipment market is expected to be the fastest growing segment in the patient monitoring devices market segmented by type, at a CAGR of 9.42% during 2022-2027.
The diabetes care devices market further is segmented by type into blood glucose test strips, insulin pens, syringes, pumps and injectors, lancing devices and equipment, continuous glucose monitoring devices and equipment and blood glucose meters. The insulin pens, syringes, pumps and injectors market was the largest segment of the diabetes care devices market segmented by type accounting for 36.2% of the total in 2022. Going forward, the insulin pens, syringes, pumps and injectors market is expected to be the fastest growing segment in the diabetes care devices market segmented by type, at a CAGR of 7.1% during 2022-2027.
The nephrology and urology devices market further is segmented by type into dialysis devices and equipment, urinary stone treatment devices and equipment, urinary incontinence and pelvic organ prolapse devices and equipment, benign prostatic hyperplasia (BPH) treatment devices and equipment and endoscopy devices and equipment. The endoscopy devices and equipment market was the largest segment of the nephrology and urology devices market segmented by type accounting for 45.6% of the total in 2022. Going forward, the endoscopy devices and equipment market is expected to be the fastest growing segment in the nephrology and urology devices market segmented by type, at a CAGR of 6.4% during 2022-2027.
The ENT devices market further is segmented by type into hearing aid devices and equipment, hearing diagnostic devices and equipment, ENT surgical devices and equipment, hearing implants, voice prosthesis devices and equipment, and nasal splints. The hearing aid devices and equipment market was the largest segment of the ENT devices market segmented by type accounting for 33.7% of the total in 2022. Going forward, the hearing aid devices and equipment market is expected to be the fastest growing segment in the ENT devices market segmented by type, at a CAGR of 8.9% during 2022-2027.
The anesthesia and respiratory devices market further is segmented by type into respiratory devices and equipment (therapeutic and diagnostic), anesthesia machines, anesthesia disposables and respiratory disposables. The respiratory devices and equipment (therapeutic and diagnostic) market was the largest segment of the anesthesia and respiratory devices market segmented by type accounting for 56.2% of the total in 2022. Going forward, the respiratory devices and equipment (therapeutic and diagnostic) market is expected to be the fastest growing segment in the anesthesia and respiratory devices market segmented by type, at a CAGR of 11.3% during 2022-2027.
The neurology devices market further is segmented by type into cerebrospinal fluid management (CSF) devices and equipment, interventional neurology devices and equipment, neurosurgery devices and equipment, and neurostimulation devices. The neurosurgery devices and equipment market was the largest segment of the neurology devices market segmented by type accounting for 45.1% of the total in 2022. Going forward, the cerebrospinal fluid management (CSF) devices and equipment market is expected to be the fastest growing segment in the neurology devices market segmented by type, at a CAGR of 11.0% during 2022-2027.
The wound care devices market further is segmented by type into traditional adhesive dressings, negative-pressure wound therapy (NPWT), traditional gauze dressings, and advanced wound care devices. The traditional adhesive dressings market was the largest segment of the wound care devices market segmented by type accounting for 70.3% of the total in 2022. Going forward, the negative-pressure wound therapy (NPWT) market is expected to be the fastest growing segment in the wound care devices market segmented by type, at a CAGR of 8.04% during 2022-2027.
The medical equipment market is segmented by type of expenditure into public and private. The public market was the largest segment of the medical equipment market segmented by type of expenditure accounting for 57.2% of the total in 2022. Going forward, the public market is expected to be the fastest growing segment in the medical equipment market segmented by type of expenditure, at a CAGR of 8.7% during 2022-2027.
The medical equipment market is segmented by product into instruments and equipment and disposables and consumables. The disposables and consumables market was the largest segment of the medical equipment market segmented by product accounting for 58.8% of the total in 2022. Going forward, the disposables and consumables market is expected to be the fastest growing segment in the medical equipment market segmented by product, at a CAGR of 8.9% during 2022-2027.
The medical equipment market is segmented by end user into hospitals and clinics, homecare and diagnostic centers and other end users. The hospitals and clinics market was the largest segment of the medical equipment market segmented by end user accounting for 88.7% of the total in 2022. Going forward, the homecare market is expected to be the fastest growing segment in the medical equipment market segmented by end user, at a CAGR of 9.8% during 2022-2027.
North America was the largest region in the medical equipment market, accounting for 33.0% of the total in 2022. It was followed by Asia Pacific, and then the other regions. Going forward, the fastest-growing regions in the medical equipment market will be Middle East, and, South America where growth will be at CAGRs of 12.7% and 12.3% respectively. These will be followed by Africa, and, Western Europe where the markets are expected to grow at CAGRs of 9.0% and 8.4% respectively.
The medical equipment market is fairly concentrated, with a few large competitors. The top ten competitors in the market made up to 33.22% of the total market in 2021. Medtronic Inc was the largest competitor with 4.96% share of the market, followed by Abbott Laboratories with 4.72%, Johnson & Johnson with 4.71%, Siemens AG with 3.74%, Becton Dickinson and Company (BD) with 3.21%, STRYKER CORPORATION with 2.98%, Cardinal Health with 2.77%, Danaher Corporation with 2.23%, Boston Scientific Corporation with 2.07%, and Koninklijke Philips N.V. with 1.83%.
The top opportunities in the medical equipment market segmented by type will arise in the in-vitro diagnostics segment, which will gain $58.18 billion of global annual sales by 2027. The top opportunities in segment by type of expenditure will arise in the public segment, which will gain $191.57 billion of global annual sales by 2027. The top opportunities in segment by product will arise in the disposables and consumables segment, which will gain $203.30 billion of global annual sales by 2027. The top opportunities in segment by end user will arise in the hospitals and clinics segment, which will gain $279.88 billion of global annual sales by 2027. The medical equipment market size will gain the most in the USA at $74.87 billion.
Market-trend-based strategies for the medical equipment market include developing new technological solutions, focusing on expansion of medical equipment manufacturing facilities, focusing on expansion of medical equipment manufacturing facilities, focusing on partnerships and collaborations, focusing on cardiovascular devices manufacturing and focusing on hybrid imaging technologies.
Player-adopted strategies in the medical equipment market include expanding manufacturing capabilities globally across different countries and regions, investments in R&D and launch of new products, expanding product offerings through strategic acquisitions, collaborating with stakeholders to expand manufacturing capabilities and strengthening business operations through the launch of new products and solutions.
To take advantage of the opportunities, the publisher recommends the medical equipment companies to focus on technology development, focus on product innovations, focus on wearable technology, focus on hybrid imaging technology, expand in emerging markets, continue to focus on developed markets, focus on strategic partnerships and collaborations, provide competitively priced offerings, participate in trade shows and events, continue to use B2B promotions, continue to target fast-growing end-users and target elderly population.
Table of Contents
1. Executive Summary2. Table Of Contents
3. List Of Figures
4. List Of Tables
5. Report Structure
6. Introduction and Market Characteristics
6.1. General Market Definition
6.2. Summary
6.3. Medical Equipment Market Definition and Segmentations
6.4. Market Segmentation By Type
6.4.1. In-Vitro Diagnostics
6.4.2. Dental Equipment And Supplies
6.4.3. Ophthalmic Devices
6.4.4. Diagnostic Imaging Equipment
6.4.5. Cardiovascular Devices
6.4.6. Hospital Supplies
6.4.7. Surgical Equipment
6.4.8. Orthopedic Devices
6.4.9. Patient Monitoring Devices
6.4.10. Diabetes Care Devices
6.4.11. Nephrology And Urology Devices
6.4.12. ENT Devices
6.4.13. Anesthesia And Respiratory Devices
6.4.14. Neurology Devices
6.4.15. Wound Care Devices
6.5. Market Segmentation By Type Of Expenditure
6.5.1. Public Expenditure
6.5.2. Private Expenditure
6.6. Market Segmentation By Product
6.6.1. Instruments And Equipment
6.6.2. Disposables And Consumables
6.7. Market Segmentation By End User
6.7.1. Hospitals And Clinics
6.7.2. Homecare
6.7.3. Diagnostic Centers
7. Product/Service Analysis -Product/Service Examples
8. Supply Chain Analysis
8.1. Raw Material And Component Suppliers
8.1.1. Metals And Plastics Suppliers
8.1.2. Components Suppliers
8.2. Brand Manufacturers
8.3. Contract Manufacturers
8.4. Wholesalers And Distributors
8.5. Retailers
8.6. End Users
9. Customer Information
9.1. Patients Agree Wearable Devices Improve Health Outcomes, But Many Find Them Hard To Use
9.2. Customer Preferences On Healthcare Products Purchased Online
9.3. Companies Facing Challenges With MDR In The EU
9.4. Increasing Focus On Health And Fitness
9.5. Adults With Type 2 Diabetes Have Challenges When Using Bluetooth® Glucose Monitoring Devices
9.6. Increase In Preference For Remote Health Monitoring Devices
9.7. Decrease In The Use Of Wearable Technology
9.8. Association Of Neurological Symptoms With COVID-19
9.9. Consumers Were Seeking Information On Diabetes Devices
9.10. Shortage Of Diabetes Management Resources
9.11. Shortage Of Resources Is The Major Concern For The Development Of New Products
10. Major Market Trends
10.1. Technology Advancements
10.2. Expansion Of Medical Equipment Manufacturing Facilities
10.3. Mergers And Acquisitions
10.4. Partnerships And Collaborations
10.5. Increasing Investments
10.6. Product Innovations
10.7. Focus On Wearable Technology
10.8. Hybrid Imaging Technology
11. Global Medical Equipment Market Size And Growth
11.1. Market Size
11.2. Historic Market Growth, 2017 - 2022, Value ($ Billion)
11.2.1. Market Drivers 2017 - 2022
11.2.2. Market Restraints 2017 - 2022
11.3. Forecast Market Growth, 2022 - 2027, 2032F Value ($ Billion)
11.3.1. Market Drivers 2022 - 2027
11.3.2. Market Restraints 2022 - 2027
12. Medical Equipment Market, Regional Analysis
12.1. Global Medical Equipment Market, By Region, Historic and Forecast, 2017 - 2022, 2027F, 2032F, Value ($ Billion)
12.2. Global Medical Equipment Market, 2017 - 2027, Historic And Forecast, By Region
12.3. Global Medical Equipment Market, 2022 - 2027, Growth And Market Share Comparison, By Region
13. Global Market Segmentation
13.1. Global Medical Equipment Market, Segmentation By Type, Historic And Forecast, 2017 - 2022, 2027F, 2032F, Value ($ Billion)
13.2. Global Medical Equipment Market, Segmentation By Type Of Expenditure, Historic And Forecast, 2017 - 2022, 2027F, 2032F, Value ($ Billion)
13.3. Global Medical Equipment Market, Segmentation By Product, Historic And Forecast, 2017 - 2022, 2027F, 2032F, Value ($ Billion)
13.4. Global Medical Equipment Market, Segmentation By End-User, Historic And Forecast, 2017 - 2022, 2027F, 2032F, Value ($ Billion)
14. Medical Equipment Market Segments
14.1. Global In-Vitro Diagnostics Market, Segmentation By Type, Historic And Forecast, 2017 - 2022, 2027F, 2032F, Value ($ Billion)
14.2. Global Dental Equipment And Supplies Market, Segmentation By Type, Historic And Forecast, 2017 - 2022, 2027F, 2032F, Value ($ Billion)
14.3. Global Ophthalmic Devices Market, Segmentation By Type, Historic And Forecast, 2017 - 2022, 2027F, 2032F, Value ($ Billion)
14.4. Global Diagnostic Imaging Equipment Market, Segmentation By Type, Historic And Forecast, 2017 - 2022, 2027F, 2032F, Value ($ Billion)
14.5. Global Cardiovascular Devices Market, Segmentation By Type, Historic And Forecast, 2017 - 2022, 2027F, 2032F, Value ($ Billion)
14.6. Global Hospital Supplies Market, Segmentation By Type, Historic And Forecast, 2017 - 2022, 2027F, 2032F, Value ($ Billion)
14.7. Global Surgical Equipment Market, Segmentation By Type, Historic And Forecast, 2017 - 2022, 2027F, 2032F, Value ($ Billion)
14.8. Global Orthopedic Devices Market, Segmentation By Type, Historic And Forecast, 2017 - 2022, 2027F, 2032F, Value ($ Billion)
14.9. Global Patient Monitoring Devices Market, Segmentation By Type, Historic And Forecast, 2017 - 2022, 2027F, 2032F, Value ($ Billion)
14.10. Global Diabetes Care Devices Market, Segmentation By Type, Historic And Forecast, 2017 - 2022, 2027F, 2032F, Value ($ Billion)
14.11. Global Nephrology And Urology Devices Market, Segmentation By Type, Historic And Forecast, 2017 - 2022, 2027F, 2032F, Value ($ Billion)
14.12. Global ENT Devices Market, Segmentation By Type, Historic And Forecast, 2017 - 2022, 2027F, 2032F, Value ($ Billion)
14.13. Global Anesthesia And Respiratory Devices Market, Segmentation By Type, Historic And Forecast, 2017 - 2022, 2027F, 2032F, Value ($ Billion)
14.14. Global Neurology Devices Market, Segmentation By Type, Historic And Forecast, 2017 - 2022, 2027F, 2032F, Value ($ Billion)
14.15. Global Wound Care Devices Market, Segmentation By Type, Historic And Forecast, 2017 - 2022, 2027F, 2032F, Value ($ Billion)
15. Market Comparison with Macro Economic Factors
15.1. Medical Equipment Market Size, Percentage Of GDP, Global
15.2. Per Capita Average Medical Equipment Market Expenditure, Global
15.3. Medical Equipment Per Capita Expenditure, 2022, Major Countries
16. Asia-Pacific Market
16.1. Summary
16.2. Market Overview
16.2.1. Region Information
16.2.2. Market Information
16.2.3. Background Information
16.2.4. Government Initiatives
16.2.5. Regulations
16.2.6. Regulatory Bodies
16.2.7. Major Associations
16.2.8. Taxes Levied
16.2.9. Corporate Tax Structure
16.2.10. Investments
16.2.11. Major Companies
16.3. Asia-Pacific Medical Equipment Market, Segmentation By Type, Historic And Forecast, 2017 - 2022, 2027F, 2032F, Value ($ Billion)
16.4. Asia-Pacific Medical Equipment Market, 2022, By Country, Value ($ Billion)
16.5. Asia-Pacific Medical Equipment Market, 2017 - 2027, Historic And Forecast, By Country
16.6. Asia-Pacific Medical Equipment Market, 2022 - 2027, Growth And Market Share Comparison, By Country
16.7. Asia-Pacific Medical Equipment Market Metrics
16.7.1. Estimated Number Of Enterprises & Employees, Medical Equipment Market, Medical Equipment Market/Number of Enterprises & Employees, 2022, Asia-Pacific Countries
16.8. Asia-Pacific Medical Equipment Market: Country Analysis
16.9. Australia Medical Eqipment Market
16.10. Australia Medical Equipment Market, Segmentation By Type, Historic And Forecast, 2017 - 2022, 2027F, 2032F, Value ($ Billion)
16.11. Bangladesh Medical Equipment Market
16.12. Bangladesh Medical Equipment Market, Segmentation By Type, Historic And Forecast, 2017 - 2022, 2027F, 2032F, Value ($ Billion)
16.13. China Medical Equipment Market
16.14. Summary
16.15. Market Overview
16.15.1. Country Information
16.15.2. Market Information
16.15.3. Background Information
16.15.4. Government Initiatives
16.15.5. Regulations
16.15.6. Regulatory Bodies
16.15.7. Major Associations
16.15.8. Taxes Levied
16.15.9. Corporate Tax Structure
16.15.10. Investments
16.15.11. Major Companies
16.16. China Medical Equipment Market, Segmentation By Type, Historic And Forecast, 2017 - 2022, 2027F, 2032F, Value ($ Billion)
16.17. Hong Kong Medical Equipment Market
16.18. Hong Kong Medical Equipment Market, Segmentation By Type, Historic And Forecast, 2017 - 2022, 2027F, 2032F, Value ($ Billion)
16.19. India Medical Equipment Market
16.20. India Medical Equipment Market, Segmentation By Type, Historic And Forecast, 2017 - 2022, 2027F, 2032F, Value ($ Billion)
16.21. Indonesia Medical Equipment Market
16.22. Indonesia Medical Equipment Market, Segmentation By Type, Historic And Forecast, 2017 - 2022, 2027F, 2032F, Value ($ Billion)
16.23. Japan Medical Equipment Market
16.24. Japan Medical Equipment Market, Segmentation By Type, Historic And Forecast, 2017 - 2022, 2027F, 2032F, Value ($ Billion)
16.25. Malaysia Medical Equipment Market
16.26. Malaysia Medical Equipment Market, Segmentation By Type, Historic And Forecast, 2017 - 2022, 2027F, 2032F, Value ($ Billion)
16.27. New Zealand Medical Equipment Market
16.28. New Zealand Medical Equipment Market, Segmentation By Type, Historic And Forecast, 2017 - 2022, 2027F, 2032F, Value ($ Billion)
16.29. Philippines Medical Equipment Market
16.30. Philipines Medical Equipment Market, Segmentation By Type, Historic And Forecast, 2017 - 2022, 2027F, 2032F, Value ($ Billion)
16.31. Singapore Medical Equipment Market
16.32. Singapore Medical Equipment Market, Segmentation By Type, Historic And Forecast, 2017 - 2022, 2027F, 2032F, Value ($ Billion)
16.33. South Korea Medical Equipment Market
16.34. South Korea Medical Equipment Market, Segmentation By Type, Historic And Forecast, 2017 - 2022, 2027F, 2032F, Value ($ Billion)
16.35. Thailand Medical Equipment Market
16.36. Thailand Medical Equipment Market, Segmentation By Type, Historic And Forecast, 2017 - 2022, 2027F, 2032F, Value ($ Billion)
16.37. Vietnam Medical Equipment Market
16.38. Vietnam Medical Equipment Market, Segmentation By Type, Historic And Forecast, 2017 - 2022, 2027F, 2032F, Value ($ Billion)
17. Western Europe Market
17.1. Summary
17.2. Market Overview
17.2.1. Region Information
17.2.2. Market Information
17.2.3. Background Information
17.2.4. Government Initiatives
17.2.5. Regulations
17.2.6. Regulatory Bodies
17.2.7. Major Associations
17.2.8. Taxes Levied
17.2.9. Corporate Tax Structure
17.2.10. Investments
17.2.11. Major Companies
17.3. Western Europe Medical Equipment Market, Segmentation By Type, Historic And Forecast, 2017 - 2022, 2027F, 2032F, Value ($ Billion)
17.4. Western Europe Medical Equipment Market, 2022, By Country, Value ($ Billion)
17.5. Western Europe Medical Equipment Market, 2017 - 2027, Historic And Forecast, By Country
17.6. Western Europe Medical Equipment Market, 2022 - 2027, Growth And Market Share Comparison, By Country
17.7. Western Europe Medical Equipment Market Metrics
17.7.1. Estimated Number Of Enterprises & Employees, Medical Equipment Market, Medical Equipment Market/Number of Enterprises & Employees, 2022, Western Europe Countries
17.8. Western Europe Medical Equipment Market: Country Analysis
17.9. Austria Medical Equipment Market
17.10. Austria Medical Equipment Market, Segmentation By Type, Historic And Forecast, 2017 - 2022, 2027F, 2032F, Value ($ Billion)
17.11. Belgium Medical Equipment Market
17.12. Belgium Medical Equipment Market, Segmentation By Type, Historic And Forecast, 2017 - 2022, 2027F, 2032F, Value ($ Billion)
17.13. Denmark Medical Equipment Market
17.14. Denmark Medical Equipment Market, Segmentation By Type, Historic And Forecast, 2017 - 2022, 2027F, 2032F, Value ($ Billion)
17.15. Finland Medical Equipment Market
17.16. Finland Medical Equipment Market, Segmentation By Type, Historic And Forecast, 2017 - 2022, 2027F, 2032F, Value ($ Billion)
17.17. France Medical Equipment Market
17.18. France Medical Equipment Market, Segmentation By Type, Historic And Forecast, 2017 - 2022, 2027F, 2032F, Value ($ Billion)
17.19. Germany Medical Equipment Market
17.20. Germany Medical Equipment Market, Segmentation By Type, Historic And Forecast, 2017 - 2022, 2027F, 2032F, Value ($ Billion)
17.21. Ireland Medical Equipment Market
17.22. Ireland Medical Equipment Market, Segmentation By Type, Historic And Forecast, 2017 - 2022, 2027F, 2032F, Value ($ Billion)
17.23. Italy Medical Equipment Market
17.24. Italy Medical Equipment Market, Segmentation By Type, Historic And Forecast, 2017 - 2022, 2027F, 2032F, Value ($ Billion)
17.25. Netherlands Medical Equipment Market
17.26. Netherlands Medical Equipment Market, Segmentation By Type, Historic And Forecast, 2017 - 2022, 2027F, 2032F, Value ($ Billion)
17.27. Norway Medical Equipment Market
17.28. Norway Medical Equipment Market, Segmentation By Type, Historic And Forecast, 2017 - 2022, 2027F, 2032F, Value ($ Billion)
17.29. Portugal Medical Equipment Market
17.30. Portugal Medical Equipment Market, Segmentation By Type, Historic And Forecast, 2017 - 2022, 2027F, 2032F, Value ($ Billion)
17.31. Spain Medical Equipment Market
17.32. Spain Medical Equipment Market, Segmentation By Type, Historic And Forecast, 2017 - 2022, 2027F, 2032F, Value ($ Billion)
17.33. Sweden Medical Equipment Market
17.34. Sweden Medical Equipment Market, Segmentation By Type, Historic And Forecast, 2017 - 2022, 2027F, 2032F, Value ($ Billion)
17.35. Switzerland Medical Equipment Market
17.36. Switzerland Medical Equipment Market, Segmentation By Type, Historic And Forecast, 2017 - 2022, 2027F, 2032F, Value ($ Billion)
17.37. UK Medical Equipment Market
17.38. UK Medical Equipment Market, Segmentation By Type, Historic And Forecast, 2017 - 2022, 2027F, 2032F, Value ($ Billion)
18. Eastern Europe Market
18.1. Summary
18.2. Market Overview
18.2.1. Region Information
18.2.2. Market Information
18.2.3. Background Information
18.2.4. Government Initiatives
18.2.5. Regulations
18.2.6. Regulatory Bodies
18.2.7. Major Associations
18.2.8. Taxes Levied
18.2.9. Corporate Tax Structure
18.2.10. Investments
18.2.11. Major Companies
18.3. Eastern Europe Medical Equipment Market, Segmentation By Type, Historic And Forecast, 2017 - 2022, 2027F, 2032F, Value ($ Billion)
18.4. Eastern Europe Medical Equipment Market, 2022, By Country, Value ($ Billion)
18.5. Eastern Europe Medical Equipment Market, 2017 - 2027, Historic And Forecast, By Country
18.6. Eastern Europe Medical Equipment Market, 2022 - 2027, Growth And Market Share Comparison, By Country
18.7. Eastern Europe Medical Equipment Market Metrics
18.7.1. Estimated Number Of Enterprises & Employees, Medical Equipment Market, Medical Equipment Market/Number of Enterprises & Employees, 2022, Eastern Europe Countries
18.8. Eastern Europe Medical Equipment Market: Country Analysis
18.9. Czech Republic Medical Equipment Market
18.10. Czech Republic Medical Equipment Market, Segmentation By Type, Historic And Forecast, 2017 - 2022, 2027F, 2032F, Value ($ Billion)
18.11. Poland Medical Equipment Market
18.12. Poland Medical Equipment Market, Segmentation By Type, Historic And Forecast, 2017 - 2022, 2027F, 2032F, Value ($ Billion)
18.13. Romania Medical Equipment Market
18.14. Romania Medical Equipment Market, Segmentation By Type, Historic And Forecast, 2017 - 2022, 2027F, 2032F, Value ($ Billion)
18.15. Russia Medical Equipment Market
18.16. Russia Medical Equipment Market, Segmentation By Type, Historic And Forecast, 2017 - 2022, 2027F, 2032F, Value ($ Billion)
18.17. Ukraine Medical Equipment Market
18.18. Ukraine Medical Equipment Market, Segmentation By Type, Historic And Forecast, 2017 - 2022, 2027F, 2032F, Value ($ Billion)
19. North America Market
19.1. Summary
19.2. Market Overview
19.2.1. Region Information
19.2.2. Market Information
19.2.3. Background Information
19.2.4. Government Initiatives
19.2.5. Regulations
19.2.6. Regulatory Bodies
19.2.7. Major Associations
19.2.8. Taxes Levied
19.2.9. Corporate Tax Structure
19.2.10. Investments
19.2.11. Major Companies
19.3. North America Medical Equipment Market, Segmentation By Type, Historic And Forecast, 2017 - 2022, 2027F, 2032F, Value ($ Billion)
19.4. North America Medical Equipment Market, 2022, By Country, Value ($ Billion)
19.5. North America Medical Equipment Market, 2017 - 2027, Historic And Forecast, By Country
19.6. North America Medical Equipment Market, 2022 - 2027, Growth And Market Share Comparison, By Country
19.7. North America Medical Equipment Market Metrics
19.7.1. Estimated Number Of Enterprises & Employees, Medical Equipment Market, Medical Equipment Market/Number of Enterprises & Employees, 2022, North America Countries
19.8. North America Medical Equipment Market: Country Analysis
19.9. Canada Market
19.10. Canada Medical Equipment Market, Segmentation By Type, Historic And Forecast, 2017 - 2022, 2027F, 2032F, Value ($ Billion)
19.11. Mexico Medical Equipment Market
19.12. Mexico Medical Equipment Market, Segmentation By Type, Historic And Forecast, 2017 - 2022, 2027F, 2032F, Value ($ Billion)
19.13. USA Market
19.14. Summary
19.15. Market Overview
19.15.1. Country Information
19.15.2. Market Information
19.15.3. Background Information
19.15.4. Government Initiatives
19.15.5. Regulations
19.15.6. Regulatory Bodies
19.15.7. Major Associations
19.15.8. Taxes Levied
19.15.9. Corporate Tax Structure
19.15.10. Investments
19.15.11. Major Companies
19.16. USA Medical Equipment Market, Segmentation By Type, Historic And Forecast, 2017 - 2022, 2027F, 2032F, Value ($ Billion)
20. South America Market
20.1. Summary
20.2. Market Overview
20.2.1. Region Information
20.2.2. Market Information
20.2.3. Background Information
20.2.4. Government Initiatives
20.2.5. Regulations
20.2.6. Regulatory Bodies
20.2.7. Major Associations
20.2.8. Taxes Levied
20.2.9. Corporate Tax Structure
20.2.10. Investments
20.2.11. Major Companies
20.3. South America Medical Equipment Market, Segmentation By Type, Historic And Forecast, 2017 - 2022, 2027F, 2032F, Value ($ Billion)
20.4. South America Medical Equipment Market, 2022, By Country, Value ($ Billion)
20.5. South America Medical Equipment Market, 2017 - 2027, Historic And Forecast, By Country
20.6. South America Medical Equipment Market, 2022 - 2027, Growth And Market Share Comparison, By Country
20.7. South America Medical Equipment Market Metrics
20.7.1. Estimated Number Of Enterprises & Employees, Medical Equipment Market, Medical Equipment Market/Number of Enterprises & Employees, 2022, South America Countries
20.8. South America Medical Equipment Market: Country Analysis
20.9. Argentina Medical Equipment Market
20.10. Argentina Medical Equipment Market, Segmentation By Type, Historic And Forecast, 2017 - 2022, 2027F, 2032F, Value ($ Billion)
20.11. Brazil Medical Equipment Market
20.12. Brazil Medical Equipment Market, Segmentation By Type, Historic And Forecast, 2017 - 2022, 2027F, 2032F, Value ($ Billion)
20.13. Chile Medical Equipment Market
20.14. Chile Medical Equipment Market, Segmentation By Type, Historic And Forecast, 2017 - 2022, 2027F, 2032F, Value ($ Billion)
20.15. Colombia Medical Equipment Market
20.16. Colombia Medical Equipment Market, Segmentation By Type, Historic And Forecast, 2017 - 2022, 2027F, 2032F, Value ($ Billion)
20.17. Peru Medical Equipment Market
20.18. Peru Medical Equipment Market, Segmentation By Type, Historic And Forecast, 2017 - 2022, 2027F, 2032F, Value ($ Billion)
21. Middle East Market
21.1. Summary
21.2. Market Overview
21.2.1. Region Information
21.2.2. Market Information
21.2.3. Background Information
21.2.4. Government Initiatives
21.2.5. Regulations
21.2.6. Regulatory Bodies
21.2.7. Major Associations
21.2.8. Taxes Levied
21.2.9. Corporate Tax Structure
21.2.10. Investments
21.2.11. Major Companies
21.3. Middle East Medical Equipment Market, Segmentation By Type, Historic And Forecast, 2017 - 2022, 2027F, 2032F, Value ($ Billion)
21.4. Middle East Medical Equipment Market, 2022, By Country, Value ($ Billion)
21.5. Middle East Medical Equipment Market, 2017 - 2027, Historic And Forecast, By Country
21.6. Middle East Medical Equipment Market, 2022 - 2027, Growth And Market Share Comparison, By Country
21.7. Middle East Medical Equipment Market Metrics
21.7.1. Estimated Number Of Enterprises & Employees, Medical Equipment Market, Medical Equipment Market/Number of Enterprises & Employees, 2022, Middle East Countries
21.8. Middle East Medical Equipment Market: Country Analysis
21.9. Iran Medical Equipment Market
21.10. Iran Medical Equipment Market, Segmentation By Type, Historic And Forecast, 2017 - 2022, 2027F, 2032F, Value ($ Billion)
21.11. Israel Medical Equipment Market
21.12. Israel Medical Equipment Market, Segmentation By Type, Historic And Forecast, 2017 - 2022, 2027F, 2032F, Value ($ Billion)
21.13. Saudi Arabia Medical Equipment Market
21.14. Saudi Arabia Medical Equipment Market, Segmentation By Type, Historic And Forecast, 2017 - 2022, 2027F, 2032F, Value ($ Billion)
21.15. Turkey Medical Equipment Market
21.16. Turkey Medical Equipment Market, Segmentation By Type, Historic And Forecast, 2017 - 2022, 2027F, 2032F, Value ($ Billion)
21.17. UAE Medical Equipment Market
21.18. UAE Medical Equipment Market, Segmentation By Type, Historic And Forecast, 2017 - 2022, 2027F, 2032F, Value ($ Billion)
22. Africa Market
22.1. Summary
22.2. Market Overview
22.2.1. Region Information
22.2.2. Market Information
22.2.3. Background Information
22.2.4. Government Initiatives
22.2.5. Regulations
22.2.6. Regulatory Bodies
22.2.7. Major Associations
22.2.8. Taxes Levied
22.2.9. Corporate Tax Structure
22.2.10. Investments
22.2.11. Major Companies
22.3. Africa Medical Equipment Market, Segmentation By Type, Historic And Forecast, 2017 - 2022, 2027F, 2032F, Value ($ Billion)
22.4. Africa Medical Equipment Market, 2022, By Country, Value ($ Billion)
22.5. Africa Medical Equipment Market, 2017 - 2027, Historic And Forecast, By Country
22.6. Africa Medical Equipment Market, 2022 - 2027, Growth And Market Share Comparison, By Country
22.7. Africa Medical Equipment Market Metrics
22.7.1. Estimated Number Of Enterprises & Employees, Medical Equipment Market, Medical Equipment Market/Number of Enterprises & Employees, 2022, Africa Countries
22.8. Africa Medical Equipment Market: Country Analysis
22.9. Egypt Medical Equipment Market
22.10. Egypt Medical Equipment Market, Segmentation By Type, Historic And Forecast, 2017 - 2022, 2027F, 2032F, Value ($ Billion)
22.11. Nigeria Medical Equipment Market
22.12. Nigeria Medical Equipment Market, Segmentation By Type, Historic And Forecast, 2017 - 2022, 2027F, 2032F, Value ($ Billion)
22.13. South Africa Medical Equipment Market
22.14. South Africa Medical Equipment Market, Segmentation By Type, Historic And Forecast, 2017 - 2022, 2027F, 2032F, Value ($ Billion)
23. Competitive Landscape And Company Profiles
24. Company Profiles
24.1. Medtronic Inc
24.1.1. Company Overview
24.1.2. Products And Services
24.1.3. Business Strategy
24.1.4. Financial Overview
24.2. Abbott Laboratories
24.2.1. Company Overview
24.2.2. Products And Services
24.2.3. Business Strategy
24.2.4. Financial Overview
24.3. Johnson & Johnson
24.3.1. Company Overview
24.3.2. Products And Services
24.3.3. Business Strategy
24.3.4. Financial Overview
24.4. Siemens AG
24.4.1. Company Overview
24.4.2. Products And Services
24.4.3. Business Strategy
24.4.4. Financial Overview
24.5. Becton Dickinson and Company (BD)
24.5.1. Company Overview
24.5.2. Products And Services
24.5.3. Business Strategy
24.5.4. Financial Overview
25. Key Mergers and Acquisitions
25.1. Medline Canada, Corporation Acquired Stat Healthcare Corporation
25.2. Atlas Copco Acquired Shandong Meditech Medical Technology Co., Ltd.
25.3. Probo Medical Acquired Mi Healthcare
25.4. Trivitron Healthcare Acquired Kennedy Company
25.5. Boston Scientific Corporation Acquired Baylis Medical Company Inc.
25.6. Becton, Dickinson and Company Acquired Tepha, Inc.
25.7. Resonetics Acquired Distal Solutions
25.8. NextPhase Medical Device Acquired Proven Process Medical Equipment
25.9. GE Healthcare Acquired Zionexa
25.10. Siemens Healthineers Acquired Varian Medical Systems
25.11. Oncocyte Corporation Acquired Chronix Biomedical Inc.
25.12. Olympus Acquired Quest Photonic Devices
25.13. Olympus Acquired Veran Medical Technologies
25.14. Medtronic Acquired Ai Biomed
25.15. Medtronic Acquired Medicrea International
25.16. Aspen Surgicals Acquired Precept Medical Products
25.17. Albyn Medical Acquired Endo-Technik
25.18. Erbe Elektromedizin Acquired Maxer Endoscopy
25.19. Halma Plc Acquired NovaBone Products, LLC,
25.20. Fujifilm Acquired Diagnostic Imaging Business Of Hitachi
25.21. Royal Philips Acquired Carestream Health’s HCIS Business
25.22. Becton, Dickinson (BD) Acquired C. R. Bard Inc.
26. Opportunities And Strategies
26.1. Global Medical Equipment Market In 2027 - Countries Offering Most New Opportunities
26.2. Global Medical Equipment Market In 2027 - Segments Offering Most New Opportunities
26.3. Global Medical Equipment Market In 2027 - Growth Strategies
26.3.1. Market Trend Based Strategies
26.3.2. Competitor Strategies
27. Medical Equipment Market, Conclusions And Recommendations
27.1. Conclusions
27.2. Recommendations
27.2.1. Product
27.2.2. Place
27.2.3. Price
27.2.4. Promotion
27.2.5. People
28. Appendix
28.1. Market Data Sources
28.2. NAICS Definition Of Industry Covered In This Report
28.3. Research Methodology
28.4. Currencies
28.5. About the Publisher
28.6. Copyright and Disclaimer
Executive Summary
Medical Equipment Global Market Opportunities and Strategies to 2032 provides the strategists; marketers and senior management with the critical information they need to assess the global medical equipment market as it emerges from the COVID 19 shut down.
Reasons to Purchase
- Gain a truly global perspective with the most comprehensive report available on this market covering 50 geographies.
- Understand how the market is being affected by the coronavirus and how it is likely to emerge and grow as the impact of the virus abates.
- Create regional and country strategies on the basis of local data and analysis.
- Identify growth segments for investment.
- Outperform competitors using forecast data and the drivers and trends shaping the market.
- Understand customers based on the latest market research findings.
- Benchmark performance against key competitors.
- Utilize the relationships between key data sets for superior strategizing.
- Suitable for supporting your internal and external presentations with reliable high-quality data and analysis
Description:
Where is the largest and fastest growing market for medical equipment? How does the market relate to the overall economy; demography and other similar markets? What forces will shape the market going forward? The medical equipment market global report answers all these questions and many more.
The report covers market characteristics; size and growth; segmentation; regional and country breakdowns; competitive landscape; market shares; trends and strategies for this market. It traces the market's historic and forecast market growth by geography. It places the market within the context of the wider medical equipment market; and compares it with other markets.
The report covers the following chapters
- Introduction and Market Characteristics
Brief introduction to the segmentations covered in the market, definitions and explanations about the medical equipment market.
- Key Trends
Highlights the major trends shaping the global medical equipment market. This section also highlights likely future developments in the market.
- Global Market Size and Growth
Global historic (2017-2022) and forecast (2022-2027), and (2027-2032) market values, and drivers and restraints that support and control the growth of the market in the historic and forecast periods.
- Regional Analysis
Historic (2017-2022) and forecast (2022-2027), and (2027-2032) market values and growth and market share comparison by region.
- Market Segmentation
Contains the market values (2017-2032) and analysis for each segment by type, by type of expenditure, by product and by end user in the market.
- Regional Market Size and Growth
Regional market size (2022), historic (2017-2022) and forecast (2022-2027), and (2027-2032) market values, and growth and market share comparison of countries within the region. This report includes information on all the regions Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East and Africa and major countries within each region.
- Competitive Landscape
Details on the competitive landscape of the market, estimated market shares and company profiles of the leading players.
- Key Mergers and Acquisitions
Information on recent mergers and acquisitions in the market covered in the report. This section gives key financial details of mergers and acquisitions, which have shaped the market in recent years.
- Market Opportunities and Strategies
Describes market Opportunities and Strategies based on findings of the research, with information on growth opportunities across countries, segments and strategies to be followed in those markets.
- Conclusions And Recommendations
This section Includes recommendations for medical equipment providers in terms of product/service offerings geographic expansion, marketing strategies and target groups.
- Appendix
This section includes details on the NAICS codes covered, abbreviations and currencies codes used in this report.
Scope
Markets Covered:
1) By Type: In-Vitro Diagnostics; Dental Equipment And Supplies; Ophthalmic Devices; Diagnostic Imaging Equipment; Cardiovascular Devices; Hospital Supplies; Surgical Equipment; Orthopedic Devices; Patient Monitoring Devices; Diabetes Care Devices; Nephrology And Urology Devices; ENT Devices; Anesthesia And Respiratory Devices; Neurology Devices; Wound Care Devices.
a) By In-Vitro Diagnostics: Point-Of-Care Diagnostics Devices And Equipment; Immunochemistry Diagnostic Devices And Equipment; Clinical Chemistry Diagnostics Devices And Equipment; Molecular Diagnostics Devices And Equipment; Microbiology Diagnostic Devices And Equipment; Hemostasis Diagnostic Devices And Equipment; Hematology Diagnostic Devices And Equipment; Immunohematology Diagnostic Devices And Equipment.
b) By Dental Equipment And Supplies: Therapeutic Dental Equipment; General Dental Devices And Equipment; Dental Diagnostic Imaging Devices And Equipment; Dental Surgical Devices And Equipment.
c) By Ophthalmic Devices: Vision Care Devices And Equipment; Cataract Surgery Devices And Equipment; Refractive Surgery Devices And Equipment; Diagnostic And Monitoring Ophthalmic Devices And Equipment.
d) By Diagnostic Imaging Devices And Equipment: X-Ray Systems Devices And Equipment; Ultrasound Systems Devices And Equipment; Computed Tomography (CT) Scanners Devices And Equipment; Magnetic Resonance Imaging Systems Devices And Equipment; Cardiovascular Monitoring And Diagnostic Devices And Equipment; Nuclear Imaging Devices And Equipment.
e) By Cardiovascular Devices: Cardiovascular Surgery Devices And Equipment; Cardiac Rhythm Management (CRM) Devices And Equipment; Interventional Cardiology Devices And Equipment; Defibrillator Devices And Equipment; Peripheral Vascular Devices And Equipment; Prosthetic Heart Valve Devices And Equipment; Electrophysiology Devices And Equipment; Cardiac Assist Devices And Equipment.
f) By Hospital Supplies: Disposable Hospital Supplies; Sterilization Equipment And Disinfectants; Mobility Aids And Transportation Equipment, And Operating Room Equipment.
g) By Surgical Equipment: Surgical Sutures And Staples; Handheld Surgical Devices And Equipment And Electrosurgical Devices And Equipment.
h) By Orthopedic Devices: Joint Reconstruction Devices And Equipment; Spinal Surgery Devices And Equipment; Trauma Fixation Devices And Equipment; Craniomaxillofacial (CMF) Devices And Equipment.
i) By Patient Monitoring Devices: Fetal And Neonatal Monitoring Devices; Weight Monitoring And Body Temperature Monitoring Devices And Equipment; Vital Parameter Monitoring Devices And Equipment; Remote Patient Monitoring Devices And Equipment.
j) By Diabetes Care Devices: Blood Glucose Test Strips; Insulin Pens; Syringes; Pumps And Injectors; Lancing Devices And Equipment; Continuous Glucose Monitoring Devices And Equipment And Blood Glucose Meters.
k) By Nephrology And Urology Devices: Dialysis Devices And Equipment; Urinary Stone Treatment Devices And Equipment; Urinary Incontinence And Pelvic Organ Prolapse Devices And Equipment; Benign Prostatic Hyperplasia (BPH) Treatment Devices And Equipment And Endoscopy Devices And Equipment.
l) By ENT Devices: Hearing Aid Devices And Equipment; Hearing Diagnostic Devices And Equipment; ENT Surgical Devices And Equipment; Hearing Implants; Voice Prosthesis Devices And Equipment; Nasal Splints.
m) By Anesthesia And Respiratory Devices: Respiratory Devices And Equipment (Therapeutic And Diagnostic); Anesthesia Machines; Anesthesia Disposables; Respiratory Disposables.
n) By Neurology Devices: Cerebrospinal Fluid Management (CSF) Devices And Equipment; Interventional Neurology Devices And Equipment; Neurosurgery Devices And Equipment; Neurostimulation Devices.
o) By Wound Care Devices: Traditional Adhesive Dressings; Negative-Pressure Wound Therapy (NPWT); Traditional Gauze Dressings; Advanced Wound Care Devices.
2) By Type Of Expenditure: Public; Private
3) By Product: Instruments And Equipment; Disposables And Consumables
4) By End User: Hospitals And Clinics; Homecare And Diagnostic Centers; Other End Users
Companies Mentioned: Medtronic Inc; Abbott Laboratories; Johnson & Johnson; Siemens AG; Becton Dickinson and Company(BD)
Countries: Australia; China; Bangladesh; India; Indonesia; Japan; South Korea; Thailand; Vietnam; Malaysia; Singapore; Philippines; Hong Kong; New Zealand; USA; Canada; Mexico; Brazil; Chile; Argentina; Colombia; Peru; France; Germany; UK; Austria; Belgium; Denmark; Finland; Ireland; Italy; Netherlands; Norway; Portugal; Spain; Sweden; Switzerland; Russia; Czech Republic; Poland; Romania; Ukraine; Saudi Arabia; Israel; Iran; Turkey; UAE; Egypt; Nigeria; South Africa
Regions: Asia-Pacific; Western Europe; Eastern Europe; North America; South America; Middle East; Africa
Time series: Five years historic and ten years forecast.
Data: Ratios of market size and growth to related markets; GDP proportions; expenditure per capita; medical equipment indicators comparison.
Data segmentations: country and regional historic and forecast data; market share of competitors; market segments.
Sourcing and Referencing: Data and analysis throughout the report is sourced using end notes.
Companies Mentioned (Partial List)
A selection of companies mentioned in this report includes, but is not limited to:
- Medtronic Inc
- Abbott Laboratories
- Johnson & Johnson
- Siemens AG
- Becton Dickinson and Company(BD)
Methodology
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Table Information
| Report Attribute | Details |
|---|---|
| No. of Pages | 522 |
| Published | April 2023 |
| Forecast Period | 2021 - 2031 |
| Estimated Market Value ( USD | $ 647.38 Billion |
| Forecasted Market Value ( USD | $ 1414.01 Billion |
| Compound Annual Growth Rate | 8.1% |
| Regions Covered | Global |
