Global Medical Electronics Market Growth (Status and Outlook) 2023-2029

Global Medical Electronics Market Growth (Status and Outlook) 2023-2029

Medical electronics is an extremely important part of the medical device industry. It is based on modern electronic technology and semiconductor technology. Equipment and systems in the fields of Specialist Clinical diagnosis, treatment, biochemical analysis, monitoring, rehabilitation and health care. Different from simple medical care appliances, these electronic products are difficult to develop, have great added value, and have broad market prospects, and are being valued and produced by more and more industry enterprises.

LPI (LP Information)' newest research report, the “Medical Electronics Industry Forecast” looks at past sales and reviews total world Medical Electronics sales in 2022, providing a comprehensive analysis by region and market sector of projected Medical Electronics sales for 2023 through 2029. With Medical Electronics sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Medical Electronics industry.

This Insight Report provides a comprehensive analysis of the global Medical Electronics landscape and highlights key trends related to product segmentation, company formation, revenue, and market share, latest development, and M&A activity. This report also analyzes the strategies of leading global companies with a focus on Medical Electronics portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms’ unique position in an accelerating global Medical Electronics market.

This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Medical Electronics and breaks down the forecast by type, by application, geography, and market size to highlight emerging pockets of opportunity. With a transparent methodology based on hundreds of bottom-up qualitative and quantitative market inputs, this study forecast offers a highly nuanced view of the current state and future trajectory in the global Medical Electronics.

The global Medical Electronics market size is projected to grow from US$ 158210 million in 2022 to US$ 220780 million in 2029; it is expected to grow at a CAGR of 4.9% from 2023 to 2029.

Global top 10 manufacturers of medical electronics occupied for a share nearly 40 percent, key players are GE Healthcare, Siemens Healthineers, Philips, Medtronic, and Danaher, etc. The global medical electronics market is mainly concentrated in the United States, Europe, China and Japan, and the production of products is mainly concentrated in the United States and Europe. In terms of type, desktop medical electronics holds a well share of nearly 75%, while portable medical electronics only takes nearly 25%. And in terms of application, the largest application is hospital for over 65%.

This report presents a comprehensive overview, market shares, and growth opportunities of Medical Electronics market by product type, application, key players and key regions and countries.

Market Segmentation:

Segmentation by type
Portable Medical Electronics
Desktop Medical Electronics

Segmentation by application
Hospital
Specialty Clinics
Others

This report also splits the market by region:
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries

The below companies that are profiled have been selected based on inputs gathered from primary experts and analyzing the company's coverage, product portfolio, its market penetration.
GE Healthcare
Siemens Healthineers
Philips
Medtronic
Danaher
Boston Scientific
Johnson & Johnson
BD
Abbott
Baxter
B Braun
Intuitive Surgical
Hologic
Canon Medical
ResMed
Alcon
Smith+Nephew
Zimmer Biomet

Please note: The report will take approximately 2 business days to prepare and deliver.