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Medical Device Market Size, Share, and Analysis, By Device Type (Diagnostic, Cardiac Monitoring, Drug Delivery), By Therapeutic Application (Gastrointestinal Surgery, Diagnostic Imaging, General Surgery, Respiratory, Ear-Nose-Throat (ENT), Orthopaedics, C

Best Price Guarantee Length Publisher Published Date SKU
from $4,950 437 Pages Fatpos Global September, 2023 FAGL18367067
Best Price Guarantee
Price from $4,950
Length 437 Pages
Publisher Fatpos Global
Published Date September, 2023
SKU FAGL18367067

Medical Device Market Size, Share, and Analysis, By Device Type (Diagnostic, Cardiac Monitoring, Drug Delivery), By Therapeutic Application (Gastrointestinal Surgery, Diagnostic Imaging, General Surgery, Respiratory, Ear-Nose-Throat (ENT), Orthopaedics, Cardiovascular, Neurology, Ophthalmology, Nephrology and Urology, Dental, Others), By End User (Hospitals & Clinics, Pharmaceutical companies, Diagnostic Centres, Research laboratory) and Regional Forecasts, 2022-2032


Medical Device Market Size, Share, and Analysis, By Device Type (Diagnostic, Cardiac Monitoring, Drug Delivery), By Therapeutic Application (Gastrointestinal Surgery, Diagnostic Imaging, General Surgery, Respiratory, Ear-Nose-Throat (ENT), Orthopaedics, Cardiovascular, Neurology, Ophthalmology, Nephrology and Urology, Dental, Others), By End User (Hospitals & Clinics, Pharmaceutical companies, Diagnostic Centres, Research laboratory) and Regional Forecasts, 2022-2032

PRODUCT OVERVIEW

Medical Device Market size was USD 463.9 billion in 2021 and projected to grow from USD 512.5 billion in 2023 to USD 808.8 billion by 2032, exhibiting a CAGR of 5.2% during the forecast period.

Medical device is used for medical purposes like tracking, identification, prevention, and treatment of diseases. Medical devices provide many advantages by aiding patients to get over sickness by enhancing the quality of life. Medical devices are classified into class I, class II, and class III. Class I and II have least regulatory control, Class III aids in assisting human life. The medical device involves initiation that manufacture medical equipment or devices like diagnostic imaging equipment, ophthalmic devices, dental equipment, cardiovascular devices, etc.

MARKET HIGHLIGHTS

Medical Device Market is expected to reach USD 808.8 billion, growing at a CAGR of 5.2% during forecast period owing to the growing acceptance of advancements in technologies like image-guided therapy systems, smart wearables along with the correct and real-time monitoring which is expected to boost the growth of the Medical Device market. The increasing awareness on benefits associated with modern medical devices may boost the increased adoption of medical devices. The increasing concerns related to health and prevalence of chronic diseases are driving the growth of Medical Devices Market.

Medical Device Market Segments:
  • Device Type
  • Diagnostic
  • Cardiac Monitoring
  • Drug Delivery
  • Therapeutic Application
  • Gastrointestinal Surgery
  • Diagnostic Imaging
  • General Surgery
  • Respiratory
  • Ear-Nose-Throat (ENT)
  • Orthopaedics
  • Cardiovascular
  • Neurology
  • Ophthalmology
  • Nephrology and Urology
  • Dental
  • Others
  • End User
  • Hospitals & Clinics
  • Pharmaceutical companies
  • Diagnostic Centres
  • Research laboratory
MARKET DYNAMICS

Growth Drivers

Increasing Adoption of New Devices is Expected to Boost the Growth of the Market

Shift Towards Homecare is Expected to Boost the Growth of the Market

Restraint

High Cost of Devices May Restrain the Growth of the Market

Key Players
  • Abbott
  • GE Healthcare
  • Fresenius SE & Co. KGaA
  • Johnson & Johnson Services Inc
  • Siemens AG
  • Medtronic
  • Stryker
  • Becton, Dickinson, and Company
  • Boston Scientific Corporation
  • Other Prominent Players (Company Overview, Business Strategy, Key Product Offerings, Financial Performance, Key Performance Indicators, Risk Analysis, Recent Development, Regional Presence, SWOT Analysis)
Global Laboratory Temperature Control Units Market is further segmented by region into:
  • North America Market Size, Share, Trends, Opportunities, Y-o-Y Growth, CAG.R – United States and Canada
  • Latin America Market Size, Share, Trends, Opportunities, Y-o-Y Growth, CAGR – Mexico, Argentina, Brazil and Rest of Latin America
  • Europe Market Size, Share, Trends, Opportunities, Y-o-Y Growth, CAGR – United Kingdom, France, Germany, Italy, Spain, Belgium, Hungary, Luxembourg, Netherlands, Poland, NORDIC, Russia, Turkey and Rest of Europe
  • Asia Pacific Market Size, Share, Trends, Opportunities, Y-o-Y Growth, CAGR – India, China, South Korea, Japan, Malaysia, Indonesia, New Zealand, Australia and Rest of APAC
  • Middle East and Africa Market Size, Share, Trends, Opportunities, Y-o-Y Growth, CAGR – North Africa, Israel, GCC, South Africa and Rest of MENA
Reasons to Purchase this Report
  • Qualitative and quantitative analysis of the market based on segmentation involving both economic as well as non-economic factors
  • Provision of market value (USD Billion) data for each segment and sub-segment
  • Indicates the region and segment that is expected to witness the fastest growth as well as to dominate the market
  • Analysis by geography highlighting the consumption of the product/service in the region as well as indicating the factors that are affecting the market within each region
  • Competitive landscape which incorporates the market ranking of the major players, along with new service/product launches, partnerships, business expansions, and acquisitions in the past five years of companies profiled
  • Extensive company profiles comprising of company overview, company insights, product benchmarking, and SWOT analysis for the major market players
  • The current as well as the future market outlook of the industry with respect to recent developments which involve growth opportunities and drivers as well as challenges and restraints of both emerging as well as developed regions
  • Includes in-depth analysis of the market of various perspectives through Porter’s five forces analysis
  • Provides insight into the market through Value Chain
  • Market dynamics scenario, along with growth opportunities of the market in the years to come
  • 3-month post-sales analyst support.
*Please Note: The report will be delivered in 4-5 business days upon order confirmation*


1. Executive Summary
1.1. Regional Market Share
1.2. Business Trends
1.3. Medical Device Market: COVID-19 Outbreak
1.4. Regional Trends
1.5. Segmentation Snapshot
2. Research Methodology
2.1. Research Objective
2.2. Research Approach
2.3. Data Sourcing and Methodology
2.4. Primary Research
2.5. Secondary Research
2.5.1. Paid Sources
2.5.2. Public Sources
2.6. Market Size Estimation and Data Triangulation
3. Market Characteristics
3.1. Market Definition
3.2. Medical Device Market: COVID-19 Impact
3.3. Key Segmentations
3.4. Key Developments
3.5. Allied Industry Data
4. Medical Device Market – Industry Insights
4.1. Industry Segmentation
4.2. COVID-19 overview on world economy
4.3. Industry ecosystem Channel analysis
4.4. Innovation & Sustainability
5. Macroeconomic Indicators
6. Recent Developments
7. Market Dynamics
7.1. Introduction
7.2. Growth Drivers
7.3. Market Opportunities
7.4. Market Restraints
7.5. Market Trends
8. Risk Analysis
9. Market Analysis
9.1. Porters Five Forces
9.2. PEST Analysis
9.2.1. Political
9.2.2. Economic
9.2.3. Social
9.2.4. Technological
10. Medical Device Market
10.1. Overview
10.2. Historical Analysis (2016-2021)
10.2.1. Market Size, Y-o-Y Growth (%) and Market Forecast
11. Medical Device Market Size & Forecast 2022A-2032F
11.1. Overview
11.2. Key Findings
11.3. Market Segmentation
11.3.1. By Device Type
11.3.1.1. Diagnostic
11.3.1.1.1. By Value (USD Million) 2022-2032F
11.3.1.1.2. Market Share (%) 2022-2032F
11.3.1.1.3. Y-o-Y Growth (%) 2022-2032F
11.3.1.2. Cardiac Monitoring
11.3.1.2.1. By Value (USD Million) 2022-2032F
11.3.1.2.2. Market Share (%) 2022-2032F
11.3.1.2.3. Y-o-Y Growth (%) 2022-2032F
11.3.1.3. Drug Delivery
11.3.1.3.1. By Value (USD Million) 2022-2032F
11.3.1.3.2. Market Share (%) 2022-2032F
11.3.1.3.3. Y-o-Y Growth (%) 2022-2032F
11.3.2. By Therapeutic Application
11.3.2.1. Gastrointestinal Surgery
11.3.2.1.1. By Value (USD Million) 2022-2032F
11.3.2.1.2. Market Share (%) 2022-2032F
11.3.2.1.3. Y-o-Y Growth (%) 2022-2032F
11.3.2.2. Diagnostic Imaging
11.3.2.2.1. By Value (USD Million) 2022-2032F
11.3.2.2.2. Market Share (%) 2022-2032F
11.3.2.2.3. Y-o-Y Growth (%) 2022-2032F
11.3.2.3. General Surgery
11.3.2.3.1. By Value (USD Million) 2022-2032F
11.3.2.3.2. Market Share (%) 2022-2032F
11.3.2.3.3. Y-o-Y Growth (%) 2022-2032F
11.3.2.4. Respiratory
11.3.2.4.1. By Value (USD Million) 2022-2032F
11.3.2.4.2. Market Share (%) 2022-2032F
11.3.2.4.3. Y-o-Y Growth (%) 2022-2032F
11.3.2.5. Ear-Nose-Throat (ENT)
11.3.2.5.1. By Value (USD Million) 2022-2032F
11.3.2.5.2. Market Share (%) 2022-2032F
11.3.2.5.3. Y-o-Y Growth (%) 2022-2032F
11.3.2.6. Orthopaedics
11.3.2.6.1. By Value (USD Million) 2022-2032F
11.3.2.6.2. Market Share (%) 2022-2032F
11.3.2.6.3. Y-o-Y Growth (%) 2022-2032F
11.3.2.7. Cardiovascular
11.3.2.7.1. By Value (USD Million) 2022-2032F
11.3.2.7.2. Market Share (%) 2022-2032F
11.3.2.7.3. Y-o-Y Growth (%) 2022-2032F
11.3.2.8. Neurology
11.3.2.8.1. By Value (USD Million) 2022-2032F
11.3.2.8.2. Market Share (%) 2022-2032F
11.3.2.8.3. Y-o-Y Growth (%) 2022-2032F
11.3.2.9. Ophthalmology
11.3.2.9.1. By Value (USD Million) 2022-2032F
11.3.2.9.2. Market Share (%) 2022-2032F
11.3.2.9.3. Y-o-Y Growth (%) 2022-2032F
11.3.2.10. Nephrology and Urology
11.3.2.10.1. By Value (USD Million) 2022-2032F
11.3.2.10.2. Market Share (%) 2022-2032F
11.3.2.10.3. Y-o-Y Growth (%) 2022-2032F
11.3.2.11. Dental
11.3.2.11.1. By Value (USD Million) 2022-2032F
11.3.2.11.2. Market Share (%) 2022-2032F
11.3.2.11.3. Y-o-Y Growth (%) 2022-2032F
11.3.2.12. Others
11.3.2.12.1. By Value (USD Million) 2022-2032F
11.3.2.12.2. Market Share (%) 2022-2032F
11.3.2.12.3. Y-o-Y Growth (%) 2022-2032F
11.3.3. By End User
11.3.3.1. Hospitals & Clinics
11.3.3.1.1. By Value (USD Million) 2022-2032F
11.3.3.1.2. Market Share (%) 2022-2032F
11.3.3.1.3. Y-o-Y Growth (%) 2022-2032F
11.3.3.2. Pharmaceutical companies
11.3.3.2.1. By Value (USD Million) 2022-2032F
11.3.3.2.2. Market Share (%) 2022-2032F
11.3.3.2.3. Y-o-Y Growth (%) 2022-2032F
11.3.3.3. Diagnostic Centres
11.3.3.3.1. By Value (USD Million) 2022-2032F
11.3.3.3.2. Market Share (%) 2022-2032F
11.3.3.3.3. Y-o-Y Growth (%) 2022-2032F
11.3.3.4. Research laboratory
11.3.3.4.1. By Value (USD Million) 2022-2032F
11.3.3.4.2. Market Share (%) 2022-2032F
11.3.3.4.3. Y-o-Y Growth (%) 2022-2032F
12. North America Medical Device Market Size & Forecast 2022A-2032F
12.1. Overview
12.2. Key Findings
12.3. Market Segmentation
12.3.1. By Device Type
12.3.2. By Therapeutic Application
12.3.3. By End User
12.4. Country
12.4.1. United States
12.4.2. Canada
13. Europe Medical Device Market Size & Forecast 2022A-2032F
13.1. Overview
13.2. Key Findings
13.3. Market Segmentation
13.3.1. By Device Type
13.3.2. By Therapeutic Application
13.3.3. By End User
13.4. Country
13.4.1. Germany
13.4.2. United Kingdom
13.4.3. France
13.4.4. Italy
13.4.5. Spain
13.4.6. Russia
13.4.7. Rest of Europe (BENELUX, NORDIC, Hungary, Turkey & Poland)
14. Asia Medical Device Market Size & Forecast 2022A-2032F
14.1. Overview
14.2. Key Findings
14.3. Market Segmentation
14.3.1. By Device Type
14.3.2. By Therapeutic Application
14.3.3. By End User
14.4. Country
14.4.1. India
14.4.2. China
14.4.3. South Korea
14.4.4. Japan
14.4.5. Rest of APAC
15. Middle East and Africa Medical Device Market Size & Forecast 2022A-2032F
15.1. Overview
15.2. Key Findings
15.3. Market Segmentation
15.3.1. By Device Type
15.3.2. By Therapeutic Application
15.3.3. By End User
15.4. Country
15.4.1. Israel
15.4.2. GCC
15.4.3. North Africa
15.4.4. South Africa
15.4.5. Rest of Middle East and Africa
16. Latin America Medical Device Market Size & Forecast 2022A-2032F
16.1. Overview
16.2. Key Findings
16.3. Market Segmentation
16.3.1. By Device Type
16.3.2. By Therapeutic Application
16.3.3. By End User
16.4. Country
16.4.1. Mexico
16.4.2. Brazil
16.4.3. Rest of Latin America
17. Competitive Landscape
17.1. Company market share, 2021
17.2. Key player overview
17.3. Key stakeholders
18. Company Profiles
18.1. Abbott
18.1.1. Company Overview
18.1.2. Financial Overview
18.1.3. Key Product; Analysis
18.1.4. Company Assessment
18.1.4.1. Product Portfolio
18.1.4.2. Key Clients
18.1.4.3. Market Share
18.1.4.4. Recent News & Development (Last 3 Yrs.)
18.1.4.5. Executive Team
18.2. GE Healthcare
18.3. Fresenius SE & Co. KGaA
18.4. Johnson & Johnson Services Inc
18.5. Siemens AG
18.6. Medtronic
18.7. Stryker
18.8. Becton, Dickinson, and Company
18.9. Boston Scientific Corporation
18.10. Other Prominent Players
19. Appendix
20. Consultant Recommendation

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