Medical Devices Market Research Reports & Industry Analysis
The medical device market is not even half as large as the global pharmaceutical market, though it sees many more transactions. This is due to pricing, because in volume terms more units sold and more patients are impacted by the device market. Although the largest component of the market is in the United States, the majority of sales are non-US, and growth is occurring in other markets.
Medical devices are typically classified into three classes: Class I, II and III based on the risk associated with them. These classifications signify the level of control required to ensure the safety and effectiveness of the device. Consequently, manufacturers of the different classes need to adhere to different levels of regulations and norms, i.e., stringent regulations for higher class of medical devices.
Class I is the least risk. This class includes medical devices that pose minimum risk to a patient and are simpler in design as compared to Class II and Class III medical devices This classification was originally provided by the US Food and Drug Administration (US FDA), and similar classifications are followed by major Asian countries such as Japan and China. Class III requires the highest level of safety and effectiveness assurance as the potential threat to the patient is highest in their case.
Medical Devices Industry Research & Market Reports
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Medical and Surgical Equipment in Italy: ISIC 3311
... the Medical and Surgical Equipment: ISIC 3311 market at a national level. It provides the latest retail sales data, allowing you to identify the sectors driving growth. It identifies the leading companies, the leading brands ... Read More
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Medical and Surgical Equipment in the US: ISIC 3311
... of the Medical and Surgical Equipment: ISIC 3311 market at a national level. It provides the latest retail sales data, allowing you to identify the sectors driving growth. It identifies the leading companies, the leading ... Read More
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Medical Equipment & Supply Wholesalers
... Medical-Surgical, Owens & Minor, and Patterson Companies (all based in the US), along with EBOS Group (Australia), OneMed (Sweden), and Yamashita Medical Instruments (Japan). COMPETITIVE LANDSCAPE Pressure to control health care expenditures is intensifying price ... Read More
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Medical and Scientific Equipment Wholesaling in Australia - Industry Market Research Report
... recent years. Australia's ageing population and the COVID-19 pandemic have pushed an increase in government funding for healthcare. Compounded by growing admission rates in private and public hospitals, demand for various medical and surgical equipment ... Read More
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Hernia Repair Devices
... by 2030, growing at a CAGR of 4.9% over the analysis period 2023-2030. Hernia Mesh, one of the segments analyzed in the report, is expected to record a 4.3% CAGR and reach US$3.8 Billion by ... Read More
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Stretcher Chairs
... CAGR of 4.0% over the analysis period 2023-2030. General Stretcher Chair, one of the segments analyzed in the report, is expected to record a 4.1% CAGR and reach US$232.2 Million by the end of the ... Read More
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Medical Instrument & Supply Manufacturing in the US - Industry Market Research Report
... declines across the manufacturing sector. The healthcare sector endured uncertainty in 2017 when aspects of the Patient Protection and Affordable Care Act (PPACA) were repealed and health insurance enrollment fell. In 2020, the COVID-19 pandemic ... Read More
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Medical and Surgical Equipment in the United Kingdom: ISIC 3311
... of the Medical and Surgical Equipment: ISIC 3311 market at a national level. It provides the latest retail sales data, allowing you to identify the sectors driving growth. It identifies the leading companies, the leading ... Read More
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Surgical and Medical Instrument Manufacturing - 2024 U.S. Market Research Report with Updated Recession Risk Forecasts
... of the industry in the United States with over 100 data sets covering 2015-2028. This 63-page Kentley Insights report is packed with insightful data sets and forecasts to give you a comprehensive understanding of the ... Read More
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Neuraxpharm Arzneimittel GmbH - Strategic SWOT Spotlight
... position in the industry compared to competitors. The report includs key executives, products and services, ESG spotlight, Corporate Strategy, Business Description, Helicopter view of SWOT Analysis, Competitive Landscape and latest events. Key Highlights Neuraxpharm Arzneimittel ... Read More
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Medical & Dental Instrument Manufacturing in the UK - Industry Market Research Report
... on healthcare expenditure and the need for medical and dental services. International trade significantly affects performance, with increased access to healthcare services in developing countries supporting export sales. Several manufacturers have undertaken mergers and acquisitions ... Read More
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Medical Equipment Rental in the US - Industry Market Research Report
... advent of high-cost equipment. As many healthcare providers have struggled with cuts to Medicare and Medicaid reimbursements, they have implemented cost-saving strategies. Some providers have chosen to rent rather than purchase medical equipment to access ... Read More
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Global Scientific Instrument Market 2024-2028
... market provides a holistic analysis, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis covering around 25 vendors. The report offers an up-to-date analysis regarding the current market scenario, the ... Read More
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Bone Densitometers
... at a CAGR of 5.5% over the analysis period 2023-2030. Axial Bone Densitometers, one of the segments analyzed in the report, is expected to record a 6.5% CAGR and reach US$264.5 Million by the end ... Read More
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Carbon Dioxide Incubators
... by 2030, growing at a CAGR of 5.2% over the analysis period 2023-2030. Water Jacketed Incubators, one of the segments analyzed in the report, is expected to record a 3.8% CAGR and reach US$197.7 Million ... Read More
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Kidney Stone Management Devices
... reach US$2.3 Billion by 2030, growing at a CAGR of 4.8% over the analysis period 2023-2030. Ureteroscopy, one of the segments analyzed in the report, is expected to record a 5.4% CAGR and reach US$1.3 ... Read More
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Microscopes
... of 5.0% over the analysis period 2023-2030. Optical Microscopes, one of the segments analyzed in the report, is expected to record a 5.0% CAGR and reach US$3.9 Billion by the end of the analysis period. ... Read More
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Trauma Devices
... at a CAGR of 5.4% over the analysis period 2023-2030. Internal Fixators, one of the segments analyzed in the report, is expected to record a 5.1% CAGR and reach US$14.9 Billion by the end of ... Read More
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Electrodes for Medical Devices
... reach US$2.2 Billion by 2030, growing at a CAGR of 3.8% over the analysis period 2023-2030. ECG Electrodes, one of the segments analyzed in the report, is expected to record a 4.5% CAGR and reach ... Read More
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Medical Plastics
... at a CAGR of 6.3% over the analysis period 2023-2030. Engineering Plastics, one of the segments analyzed in the report, is expected to record a 9.1% CAGR and reach US$6.3 Billion by the end of ... Read More
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Stethoscopes
... of 4.2% over the analysis period 2023-2030. Manual & Mechanical Stethoscopes, one of the segments analyzed in the report, is expected to record a 3.8% CAGR and reach US$309.4 Million by the end of the ... Read More
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Speech Generating Devices
... by 2030, growing at a CAGR of 7.1% over the analysis period 2023-2030. Synthesized Speech Devices, one of the segments analyzed in the report, is expected to record a 6.7% CAGR and reach US$157.9 Million ... Read More
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Batteries in Medical Equipment and Devices
... the year 2023, is expected to reach US$4.5 Billion by 2030, growing at a CAGR of 6.7% over the analysis period 2023-2030. Lithium Batteries, one of the segments analyzed in the report, is expected to ... Read More
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Medical Laser Systems
... by 2030, growing at a CAGR of 9.8% over the analysis period 2023-2030. Diode Laser Systems, one of the segments analyzed in the report, is expected to record a 10.3% CAGR and reach US$1.6 Billion ... Read More
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Bariatric (Obesity) Surgical Devices
... reach US$5.5 Billion by 2030, growing at a CAGR of 8.5% over the analysis period 2023-2030. Sleeve Gastrectomy, one of the segments analyzed in the report, is expected to record a 11.5% CAGR and reach ... Read More
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