The Business Research
Company added Medical Devices Market Global Market Report 2022 Report Under its
“Medical Equipment” Industry.
The medical devices market in
this report is segmented into in-vitro diagnostics, cardiovascular devices,
diagnostic equipment, orthopedic devices, hospital supplies, ophthalmic
devices, nephrology and urology devices, patient monitoring devices, dental
equipment and supplies, wound care devices, diabetes care devices, surgical
equipment, ENT devices, anesthesia and respiratory devices and neurology
devices.
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Major Players In Medical Devices Market:
Key Players in the market include
Medtronic Inc., Johnson & Johnson, GE Healthcare, Cardinal Health, Inc. and
Siemens Healthineers.
Growth in the medical devices
market in the historic period resulted from rapid growth in elderly population,
strong economic growth in emerging markets and declining oil prices. Factors
that negatively affected growth in the historic period were government
regulations and skilled workforces’ shortages. Going forward, faster economic
growth, advances in technology and busy and sedentary lifestyle risks will
drive growth. Rise in interest rates could hinder the growth of this market in
the future.
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The medical devices market is
segmented by type of product
By Type of Product- The Medical Devices market can be segmented by
type of product into cardiovascular devices, in-vitro diagnostics, diagnostic
imaging equipment, orthopedic devices, ophthalmic devices, hospital supplies,
diabetes care devices, patient monitoring devices, nephrology and urology
devices, anesthesia and respiratory devices, surgical equipment, wound care
devices, dental equipment and supplies, ENT devices and neurology devices.The
cardiovascular devices market was the largest segment of the medical devices
market in 2018 at around 15%. The patient monitoring devices market is expected
to be the fastest-growing segment.
By Geography- The Medical Devices market is segmented into Asia
Pacific, Western Europe, Eastern Europe, North America, South America, Middle
East and Africa, and China and the USA. Among these regions, North America is
the largest market for medical devices, accounting for 42.6% of the global
market. It was followed by Western Europe, Asia Pacific and then the other
regions. Going forward, Asia Pacific and Africa will be the fastest growing
regions in this market. These will be followed by the South America and Middle
East where the markets.
Discount Offered On The Medical Devices Market Report:
About Company:
The Business Research Company is
a Business Intelligence Company which excels in company, market and consumer
research. It has offices in the UK, the US and India and a network of trained
researchers in 15 countries Globally. The Business Research Company maintains
multiple levels of quality control on 100% of the output to ensure premium
quality. Data is drawn from established sources and expert interviews, and is
fully referenced. All our content is edited by a team of UK academics.
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