Electro-Medical Equipment Market Report: Trends, Forecast and Competitive Analysis to 2030

Electro-Medical Equipment Market Report: Trends, Forecast and Competitive Analysis to 2030

Electro-Medical Equipment Trends and Forecast

The future of the global electro-medical equipment market looks promising with opportunities in the hospital and clinic markets. The global electro-medical equipment market is expected to reach an estimated $97.9 billion by 2030 with a CAGR of 7.2% from 2024 to 2030. The major drivers for this market are increasing demand for imaging in diagnosis and monitoring, rising prevalence of chronic dieases, and growing number of research and development activities in the field of diagnostic equipment.

A more than 150-page report is developed to help in your business decisions. Sample figures with some insights are shown below.

Electro-Medical Equipment by Segment

The study includes a forecast for the global electro-medical equipment by device type, application, end use, and region.

Electro-Medical Equipment Market by Device Type [Shipment Analysis by Value from 2018 to 2030]:

• Diagnostic Imaging Devices
• Patient Assistive Devices
• Surgical Devices
• Others

Electro-Medical Equipment Market by Application [Shipment Analysis by Value from 2018 to 2030]:

• Dental
• Ophthalmology
• Cardiovascular
• Orthopedic
• Others

Electro-Medical Equipment Market by End Use [Shipment Analysis by Value from 2018 to 2030]:

• Hospitals
• Clinics
• Others

Electro-Medical Equipment Market by Region [Shipment Analysis by Value from 2018 to 2030]:

• North America
• Europe
• Asia Pacific
• The Rest of the World

List of Electro-Medical Equipment Companies

Companies in the market compete on the basis of product quality offered. Major players in this market focus on expanding their manufacturing facilities, R&D investments, infrastructural development, and leverage integration opportunities across the value chain. With these strategies electro-medical equipment companies cater increasing demand, ensure competitive effectiveness, develop innovative products & technologies, reduce production costs, and expand their customer base. Some of the electro-medical equipment companies profiled in this report include-

• Abbott
• Boston Scientific
• Fujifilm Holding
• GE Healthcare
• Hitachi
• Johnson & Johnson
• Siemens Healthcare
• Cardinal Health,
• Koninklijke Philips
• Boston Scientific

Electro-Medical Equipment Market Insights

Lucintel forecasts that diagnostic imaging devices is expected to witness highest growth over the forecast period due to the growing demand of high resolution and real time monitoring and diagnostic devices.

Within this market, hospitals will remain the largest segment due to growing demand of advanced hospital infrastructure and rising incidence of chronic diseases.

North America will remain the largest region over the forecast period due to increasing chronic and acute diseases, presence of advanced healthcare infrastructure, and rising adoption of high technical configuration equipment by the healthcare providers.

Features of the Global Electro-Medical Equipment Market

Market Size Estimates: Electro-medical equipment market size estimation in terms of value ($B).

Trend and Forecast Analysis: Market trends (2018 to 2023) and forecast (2024 to 2030) by various segments and regions.

Segmentation Analysis: Electro-medical equipment market size by device type, application, end use, and region in terms of value ($B).

Regional Analysis: Electro-medical equipment market breakdown by North America, Europe, Asia Pacific, and Rest of the World.

Growth Opportunities: Analysis of growth opportunities in different device types, applications, end uses, and regions for the electro-medical equipment market.

Strategic Analysis: This includes M&A, new product development, and competitive landscape of the electro-medical equipment market.

Analysis of competitive intensity of the industry based on Porter’s Five Forces model.

FAQ

Q.1 What is the electro-medical equipment market size?

Answer: The global electro-medical equipment market is expected to reach an estimated $97.9 billion by 2030.

Q.2 What is the growth forecast for electro-medical equipment market?

Answer: The global electro-medical equipment market is expected to grow with a CAGR of 7.2% from 2024 to 2030.

Q.3 What are the major drivers influencing the growth of the electro-medical equipment market?

Answer: The major drivers for this market are increasing demand for imaging in diagnosis and monitoring, rising prevalence of chronic dieases, and growing number of research and development activities in the field of diagnostic equipment.

Q4. What are the major segments for electro-medical equipment market?

Answer: The future of the electro-medical equipment market looks promising with opportunities in the hospital and clinic markets.

Q5. Who are the key electro-medical equipment market companies?

Answer: Some of the key electro-medical equipment companies are as follows:

• Abbott
• Boston Scientific
• Fujifilm Holding
• GE Healthcare
• Hitachi
• Johnson & Johnson
• Siemens Healthcare
• Cardinal Health,
• Koninklijke Philips
• Boston Scientific

Q6. Which electro-medical equipment market segment will be the largest in future?

Answer: Lucintel forecasts that diagnostic imaging devices is expected to witness highest growth over the forecast period due to the growing demand of high resolution and real time monitoring and diagnostic devices.

Q7. In electro-medical equipment market, which region is expected to be the largest in next 5 years?

Answer: North America will remain the largest region over the forecast period due to increasing chronic and acute diseases, presence of advanced healthcare infrastructure, and rising adoption of high technical configuration equipment by the healthcare providers.

Q.8 Do we receive customization in this report?

Answer: Yes, Lucintel provides 10% customization without any additional cost.

This report answers following 11 key questions:

Q.1. What are some of the most promising, high-growth opportunities for the electro-medical equipment market by device type (diagnostic imaging devices, patient assistive devices, surgical devices, and others), application (dental, ophthalmology, cardiovascular, orthopedic, and others), end use (hospitals, clinics, and others), and region (North America, Europe, Asia Pacific, and the Rest of the World)?

Q.2. Which segments will grow at a faster pace and why?

Q.3. Which region will grow at a faster pace and why?

Q.4. What are the key factors affecting market dynamics? What are the key challenges and business risks in this market?

Q.5. What are the business risks and competitive threats in this market?

Q.6. What are the emerging trends in this market and the reasons behind them?

Q.7. What are some of the changing demands of customers in the market?

Q.8. What are the new developments in the market? Which companies are leading these developments?

Q.9. Who are the major players in this market? What strategic initiatives are key players pursuing for business growth?

Q.10. What are some of the competing products in this market and how big of a threat do they pose for loss of market share by material or product substitution?

Q.11. What M&A activity has occurred in the last 5 years and what has its impact been on the industry?

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