Medical Devices Market is Expected to Reach Approximately $ 605.1 Bn By 2026
The global Medical Devices Market in terms of value is projected to grow at a CAGR of 4.7% during the forecast period 2019 - 2026 and the market reach around $ 605.1 billion by 2026.
The market research study on Medical Devices Market - Global Industry Analysis, Market Size, Opportunities and Forecast, 2019– 2026 offers detailed insights on global Medical Devices Market segments with market dynamics and their impact. The report also covers basic technology development policies.The report analyzes and forecasts the Medical Devices Market at global and regional levels. The market has been forecast based on volume (Unit) and value (US$) from 2019 to 2026. The study includes drivers and restraints of the global market. It covers the impact of these drivers and restraints on the demand during the forecast period. The report also highlights opportunities in the market at the global level.
The report comprises a detailed value chain analysis, which provides a comprehensive view of the global market. The study encompasses market attractiveness analysis, wherein various applications have been benchmarked based on their market size, growth rate, and general attractiveness.
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In-depth interviews and discussions were conducted with several key market participants and opinion leaders to compile the research report. Primary research represents a bulk of research efforts, supplemented by extensive secondary research. Annual reports, press releases, and relevant documents of key players operating in various application areas have been reviewed for competition analysis and market understanding. Secondary research also includes recent trends, technical writing, Internet sources, and statistical data from government websites, trade associations, and agencies. These have proved to be reliable, effective, and successful approaches for obtaining precise market data, capturing market participants’ insights, and recognizing business opportunities.
Scope of Market
The report first uses historic data from different companies. The data collected is used to analyses the growth of industries in the past years. It includes data from the year 2015 to the year 2019. The forecast data provides the reader with an understating of the future of the market. The same data is used to predict the expectation of the companies and how they are expected to evolve in the coming years. The research provides historical as well as estimated data from the year 2019 to 2026. The details in the report give a brief overview of the market by examining its historical data, the current data, and forecast data to understand the growth of the market
Market Segment Analysis:
Acumen Research report focuses on market attractiveness by assessing the key market segments. The report also combines region-wise segments for a better understanding of the supply and demand ratio of the global Medical Devices Market. This exclusive study of the report analyzes the present and future market scenario and the industry trends that are influencing the growth of the segments. Besides, the report also covers the value chain analysis, supply chain analysis, and year-on-year basis analysis of the global Medical Devices Market.
Market Segmentation:
Market By Device Type
- Orthopedic
- Cardiovascular
- IVD
- MIS
- Wound Management
- Diabetes Care
- Ophthalmic
- Dental
- Nephrology
- Diagnostic Imaging
- Others
Market By End-Use
- Hospitals and Clinics
- Diagnostic Centers
- Homecare
Market By Geography
North America
- U.S.
- Canada
Europe
- U.K.
- Germany
- France
- Spain
- Rest of Europe
Asia-Pacific
- China
- Japan
- India
- Australia
- South Korea
- Rest of Asia-Pacific
Latin America
- Brazil
- Mexico
- Rest of Latin America
Middle East & Africa
- GCC
- South Africa
- Rest of Middle East & Africa
Competitive Landscape and Medical Devices Market Share Analysis:
The competition witnessed in the market is soaring hence the global Medical Devices Market competitive landscape provide details by competitors. With rising demand for innovation, players are experimenting with various strategies to gain competitive edge and strengthen their foothold in the market. Several companies operating in the industry are looking at expanding their footprint across emerging nations to capitalize on the prevailing opportunities there.
These companies are looking at capitalizing on this to emerge at the fore of the global market. Growth strategies adopted by the companies operating in the market are examined in detail. This is done to study how these strategies influence on this market. Furthermore, the bargaining power of suppliers and buyers. Furthermore, it reveals threat from new entrants and available substitute products.
Key Players
Profile of the key players in the global Medical Devices Market will be provided, which include key financials, new developments and business strategies. These players contribute a major proportion towards market growth. Moreover, the industry's present and future business perspective for latest innovations (including development possibilities and drivers, as well as difficulties and constraints for both emerged and emerging economies). This report also helps to analyse stakeholder market opportunities by identifying the high growth segments. On the other hand, few players of the Medical Devices Market emphasize their regional presence in co-operation with retailers
The players profiled in the report include Philips Healthcare, Medtronic, DePuySynthes, GE Healthcare, Stryker, Cardinal Health, Baxter International Inc., Fresenius Medical Care, Ethicon LLC, and Siemens Healthineers.
Research Methodology:
In-depth interviews and discussions were conducted with several key market participants and opinion leaders to compile the research report.
Primary research represents a bulk of research efforts, supplemented by extensive secondary research. Annual reports, press releases, and relevant documents of key players operating in various application areas have been reviewed for competition analysis and market understanding.
Secondary research also includes recent trends, technical writing, internet sources, and statistical data from government websites, trade associations, and agencies. These have proved to be reliable, effective, and successful approaches for obtaining precise market data, capturing market participants’ insights, and recognizing business opportunities.
Key Questions Answered in the Report
The report addresses key questions concerning the market evolution and overarching trends shaping global market growth. Some of the key questions answered in the report include-
- What is the overall structure of the market?
- What was the historical value and what is the forecasted value of the market?
- What are the key product level trends in the market?
- What are the market level trends in the market?
- Which of the market players are leading and what are their key differential strategies to retain their stronghold?
- Which are the most lucrative regions in the market space?
TABLE OF CONTENT
CHAPTER 1. INDUSTRY OVERVIEW
1.1. Definition and Scope
1.1.1. Definition of Medical Devices
1.1.2. Market Segmentation
1.1.3. List of Abbreviations
1.2. Summary
1.2.1. Market Snapshot
1.2.2. Medical Devices Market By Device Type
1.2.2.1. Global Medical Devices Market Revenue and Growth Rate Comparison By Device Type(2015-2026)
1.2.2.2. Global Medical Devices Market Revenue Share By Device Type in 2018
1.2.2.3. Orthopedic
1.2.2.4. Cardiovascular
1.2.2.5. IVD
1.2.2.6. MIS
1.2.2.7. Wound Management
1.2.2.8. Diabetes Care
1.2.2.9. Ophthalmic
1.2.2.10. Dental
1.2.2.11. Nephrology
1.2.2.12. Diagnostic Imaging
1.2.2.13. Others
1.2.3. Medical Devices Market By End-Use
1.2.3.1. Global Medical Devices Market Revenue and Growth Rate Comparison By End-Use(2015-2026)
1.2.3.2. Global Medical Devices Market Revenue Share By End-Use in 2018
1.2.3.3. Hospitals and Clinics
1.2.3.4. Diagnostic Centers
1.2.3.5. Homecare
1.2.4. Medical Devices Market by Geography
1.2.4.1. Global Medical Devices Market Revenue and Growth Rate Comparison by Geography (2015-2026)
1.2.4.2. North America Medical Devices Market Revenue and Growth Rate (2015-2026)
1.2.4.3. Europe Medical Devices Market Revenue and Growth Rate (2015-2026)
1.2.4.4. Asia-Pacific Medical Devices Market Revenue and Growth Rate (2015-2026)
1.2.4.5. Latin America Medical Devices Market Revenue and Growth Rate (2015-2026)
1.2.4.6. Middle East and Africa (MEA)Medical Devices Market Revenue and Growth Rate (2015-2026)
CHAPTER 2. MARKET DYNAMICS AND COMPETITION ANALYSIS
2.1. Market Drivers
2.2. Restraints and Challenges
2.3. Growth Opportunities
2.4. Porter’s Five Forces Analysis
2.4.1. Bargaining Power of Suppliers
2.4.2. Bargaining Power of Buyers
2.4.3. Threat of Substitute
2.4.4. Threat of New Entrants
2.4.5. Degree of Competition
2.5. Value Chain Analysis
2.6. Cost Structure Analysis
2.6.1. Raw Material and Suppliers
2.6.2. Manufacturing Process Analysis
2.7. Regulatory Compliance
2.8. Competitive Landscape, 2018
2.8.1. Player Positioning Analysis
2.8.2. Key Strategies Adopted By Leading Players
CHAPTER 3. MANUFACTURING MEDICAL DEVICES ANALYSIS
3.1. Capacity and Commercial Production Date of Global Medical Devices Major Manufacturers in 2018
3.2. Manufacturing Plants Distribution of Global Medical Devices Major Manufacturers in 2018
3.3. R&D Status and Technology Source of Global Medical Devices Major Manufacturers in 2018
3.4. Raw Materials Sources Analysis of Global Medical Devices Major Manufacturers in 2018
CHAPTER 4. MEDICAL DEVICES MARKET BY END-USE
4.1. Global Medical Devices Revenue By End-Use
4.2. Orthopedic
4.2.1. Market Revenue and Growth Rate, 2015 - 2026 ($Million)
4.2.2. Market Revenue and Forecast, By Region, 2015 - 2026 ($Million)
4.3. Cardiovascular
4.3.1. Market Revenue and Growth Rate, 2015 - 2026 ($Million)
4.3.2. Market Revenue and Forecast, By Region, 2015 - 2026 ($Million)
4.4. IVD
4.4.1. Market Revenue and Growth Rate, 2015 - 2026 ($Million)
4.4.2. Market Revenue and Forecast, By Region, 2015 - 2026 ($Million)
4.5. MIS
4.5.1. Market Revenue and Growth Rate, 2015 - 2026 ($Million)
4.5.2. Market Revenue and Forecast, By Region, 2015 - 2026 ($Million)
4.6. Wound Management
4.6.1. Market Revenue and Growth Rate, 2015 - 2026 ($Million)
4.6.2. Market Revenue and Forecast, By Region, 2015 - 2026 ($Million)
4.7. Diabetes Care
4.7.1. Market Revenue and Growth Rate, 2015 - 2026 ($Million)
4.7.2. Market Revenue and Forecast, By Region, 2015 - 2026 ($Million)
4.8. Ophthalmic
4.8.1. Market Revenue and Growth Rate, 2015 - 2026 ($Million)
4.8.2. Market Revenue and Forecast, By Region, 2015 - 2026 ($Million)
4.9. Dental
4.9.1. Market Revenue and Growth Rate, 2015 - 2026 ($Million)
4.9.2. Market Revenue and Forecast, By Region, 2015 - 2026 ($Million)
4.10. Nephrology
4.10.1. Market Revenue and Growth Rate, 2015 - 2026 ($Million)
4.10.2. Market Revenue and Forecast, By Region, 2015 - 2026 ($Million)
4.11. Diagnostic Imaging
4.11.1. Market Revenue and Growth Rate, 2015 - 2026 ($Million)
4.11.2. Market Revenue and Forecast, By Region, 2015 - 2026 ($Million)
4.12. Others
4.12.1. Market Revenue and Growth Rate, 2015 - 2026 ($Million)
4.12.2. Market Revenue and Forecast, By Region, 2015 - 2026 ($Million)
CHAPTER 5. MEDICAL DEVICES MARKET BY END-USE
5.1. Global Medical Devices Revenue By End-Use
5.2. Hospitals and Clinics
5.2.1. Market Revenue and Growth Rate, 2015 - 2026 ($Million)
5.2.2. Market Revenue and Forecast, By Region, 2015 - 2026 ($Million)
5.3. Diagnostic Centers
5.3.1. Market Revenue and Growth Rate, 2015 - 2026 ($Million)
5.3.2. Market Revenue and Forecast, By Region, 2015 - 2026 ($Million)
5.4. Homecare
5.4.1. Market Revenue and Growth Rate, 2015 - 2026 ($Million)
5.4.2. Market Revenue and Forecast, By Region, 2015 - 2026 ($Million)
CHAPTER 6. NORTH AMERICA MEDICAL DEVICES MARKET BY COUNTRY
6.1. North America Medical Devices Market Revenue and Growth Rate, 2015 - 2026 ($Million)
6.2. North America Medical Devices Market Revenue Share Comparison, 2015 & 2026 (%)
6.3. U.S.
6.3.1. U.S. Medical Devices Market Revenue and Forecast By Material, 2015 - 2026 ($Million)
6.3.2. Market Revenue and Forecast By End-Use, 2015 - 2026 ($Million)
6.4. Canada
6.4.1. Market Revenue and Forecast By Material, 2015 - 2026 ($Million)
6.4.2. Market Revenue and Forecast By End-Use, 2015 - 2026 ($Million)
CHAPTER 7. EUROPE MEDICAL DEVICES MARKET BY COUNTRY
7.1. Europe Medical Devices Market Revenue and Growth Rate, 2015 - 2026 ($Million)
7.2. Europe Medical Devices Market Revenue Share Comparison, 2015 & 2026 (%)
7.3. UK
7.3.1. Market Revenue and Forecast By Material, 2015 - 2026 ($Million)
7.3.2. Market Revenue and Forecast By End-Use, 2015 - 2026 ($Million)
7.4. Germany
7.4.1. Market Revenue and Forecast By Material, 2015 - 2026 ($Million)
7.4.2. Market Revenue and Forecast By End-Use, 2015 - 2026 ($Million)
7.5. France
7.5.1. Market Revenue and Forecast By Material, 2015 - 2026 ($Million)
7.5.2. Market Revenue and Forecast By End-Use, 2015 - 2026 ($Million)
7.6. Spain
7.6.1. Market Revenue and Forecast By Material, 2015 - 2026 ($Million)
7.6.2. Market Revenue and Forecast By End-Use, 2015 - 2026 ($Million)
7.7. Rest of Europe
7.7.1. Market Revenue and Forecast By Material, 2015 - 2026 ($Million)
7.7.2. Market Revenue and Forecast By End-Use, 2015 - 2026 ($Million)
CHAPTER 8. ASIA-PACIFIC MEDICAL DEVICES MARKET BY COUNTRY
8.1. Asia-Pacific Medical Devices Market Revenue and Growth Rate, 2015 - 2026 ($Million)
8.2. Asia-Pacific Medical Devices Market Revenue Share Comparison, 2015 & 2026 (%)
8.3. China
8.3.1. Market Revenue and Forecast By Material, 2015 - 2026 ($Million)
8.3.2. Market Revenue and Forecast By End-Use, 2015 - 2026 ($Million)
8.4. Japan
8.4.1. Market Revenue and Forecast By Material, 2015 - 2026 ($Million)
8.4.2. Market Revenue and Forecast By End-Use, 2015 - 2026 ($Million)
8.5. India
8.5.1. Market Revenue and Forecast By Material, 2015 - 2026 ($Million)
8.5.2. Market Revenue and Forecast By End-Use, 2015 - 2026 ($Million)
8.6. Australia
8.6.1. Market Revenue and Forecast By Material, 2015 - 2026 ($Million)
8.6.2. Market Revenue and Forecast By End-Use, 2015 - 2026 ($Million)
8.7. South Korea
8.7.1. Market Revenue and Forecast By Material, 2015 - 2026 ($Million)
8.7.2. Market Revenue and Forecast By End-Use, 2015 - 2026 ($Million)
8.8. Rest of Asia-Pacific
8.8.1. Market Revenue and Forecast By Material, 2015 - 2026 ($Million)
8.8.2. Market Revenue and Forecast By End-Use, 2015 - 2026 ($Million)
CHAPTER 9. LATIN AMERICA MEDICAL DEVICES MARKET BY COUNTRY
9.1. Latin America Medical Devices Market Revenue and Growth Rate, 2015 - 2026 ($Million)
9.2. Latin America Medical Devices Market Revenue Share Comparison, 2015 & 2026 (%)
9.3. Brazil
9.3.1. Market Revenue and Forecast By Material, 2015 - 2026 ($Million)
9.3.2. Market Revenue and Forecast By End-Use, 2015 - 2026 ($Million)
9.4. Mexico
9.4.1. Market Revenue and Forecast By Material, 2015 - 2026 ($Million)
9.4.2. Market Revenue and Forecast By End-Use, 2015 - 2026 ($Million)
9.5. Rest of Latin America
9.5.1. Market Revenue and Forecast By Material, 2015 - 2026 ($Million)
9.5.2. Market Revenue and Forecast By End-Use, 2015 - 2026 ($Million)
CHAPTER 10. MIDDLE EAST & AFRICA MEDICAL DEVICES MARKET BY COUNTRY
10.1. Middle East & Africa Medical Devices Market Revenue and Growth Rate, 2015 - 2026 ($Million)
10.2. Middle East & Africa Medical Devices Market Revenue Share Comparison, 2015 & 2026 (%)
10.3. GCC
10.3.1. Market Revenue and Forecast By Material, 2015 - 2026 ($Million)
10.3.2. Market Revenue and Forecast By End-Use, 2015 - 2026 ($Million)
10.4. South Africa
10.4.1. Market Revenue and Forecast By Material, 2015 - 2026 ($Million)
10.4.2. Market Revenue and Forecast By End-Use, 2015 - 2026 ($Million)
10.5. Rest of Middle East & Africa
10.5.1. Market Revenue and Forecast By Material, 2015 - 2026 ($Million)
10.5.2. Market Revenue and Forecast By End-Use, 2015 - 2026 ($Million)
CHAPTER 11. COMPANY PROFILE
11.1. Philips Healthcare
11.1.1. Company Snapshot
11.1.2. Overview
11.1.3. Financial Overview
11.1.4. Product Portfolio
11.1.5. Key Developments
11.1.6. Strategies
11.2. Medtronic
11.2.1. Company Snapshot
11.2.2. Overview
11.2.3. Financial Overview
11.2.4. Product Portfolio
11.2.5. Key Developments
11.2.6. Strategies
11.3. DePuySynthes
11.3.1. Company Snapshot
11.3.2. Overview
11.3.3. Financial Overview
11.3.4. Product Portfolio
11.3.5. Key Developments
11.3.6. Strategies
11.4. GE Healthcare
11.4.1. Company Snapshot
11.4.2. Overview
11.4.3. Financial Overview
11.4.4. Product Portfolio
11.4.5. Key Developments
11.4.6. Strategies
11.5. Stryker
11.5.1. Company Snapshot
11.5.2. Overview
11.5.3. Financial Overview
11.5.4. Product Portfolio
11.5.5. Key Developments
11.5.6. Strategies
11.6. Cardinal Health
11.6.1. Company Snapshot
11.6.2. Overview
11.6.3. Financial Overview
11.6.4. Product Portfolio
11.6.5. Key Developments
11.6.6. Strategies
11.7. Baxter International Inc.
11.7.1. Company Snapshot
11.7.2. Overview
11.7.3. Financial Overview
11.7.4. Product Portfolio
11.7.5. Key Developments
11.7.6. Strategies
11.8. Fresenius Medical Care
11.8.1. Company Snapshot
11.8.2. Overview
11.8.3. Financial Overview
11.8.4. Product Portfolio
11.8.5. Key Developments
11.8.6. Strategies
11.9. Ethicon LLC
11.9.1. Company Snapshot
11.9.2. Overview
11.9.3. Financial Overview
11.9.4. Product Portfolio
11.9.5. Key Developments
11.9.6. Strategies
11.10. Siemens Healthineers
11.10.1. Company Snapshot
11.10.2. Overview
11.10.3. Financial Overview
11.10.4. Product Portfolio
11.10.5. Key Developments
11.10.6. Strategies
11.11. Others
11.11.1. Company Snapshot
11.11.2. Overview
11.11.3. Financial Overview
11.11.4. Product Portfolio
11.11.5. Key Developments
11.11.6. Strategies
CHAPTER 12. RESEARCH APPROACH
12.1. Research Methodology
12.1.1. Initial Data Search
12.1.2. Secondary Research
12.1.3. Primary Research
12.2. Assumptions and Scope
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