Medical Device & Accessories Market Analysis Worldwide Opportunities, Driving Forces, COVID-19 Impact Analysis, Future Potential

Market Highlights

Medical device & accessories are products, intended to support, supplement, or augment the performance of one or more parent devices. These devices are used for diagnosis, monitoring, and treatment of different diseases. Now a day, most of the companies are involved in mergers, acquisitions, and collateral activities to introduce better and effective treatment procedures. In this regards, Koninklijke Philips N.V, in June 2017, acquired Cardio Prolific Inc. which is a U.S.-based, privately held company that develops catheter-based thrombectomy approaches to treat peripheral vascular disease. These mergers and acquisitions help them to develop pipeline and network of their product around the globe. Whereas few companies are continuously involved in research and development to introduce advanced products, such as in January 2017, Stryker Corporation launched Altrix, a next-generation precision temperature management system.

Request Sample Copy:

https://www.marketresearchfuture.com/sample_request/5466

Major Players in the Medical Devices and Accessories Market

Some of the key players in this market are Boston Scientific Corporation (U.S.), Medtronic (Ireland), Johnson & Johnson Services, Inc. (U.S.), Stryker Corporation (U.S.), Koninklijke philips n.v (the Netherlands), General Electric Company (U.S.), Siemens AG (U.S.), Danaher Corporation (U.S.).

The Americas account for the major share of this market owing to the presence of the leading market players, increasing awareness for healthcare and high healthcare expenditure. People in this region are more health conscious that leads to an increase in the healthcare spending.

Europe accounts for the second largest market, which is followed by Asia Pacific. Europe consists of two regions namely Western Europe and Eastern Europe. Western Europe holds the major share of the market which is majorly contributed by Germany, U.K., and France. Moreover, major driving factors for the market in this region are increasing the prevalence of chronic diseases, strong government support, and well-developed technology.

On the other hand, The Middle East & Africa holds the least share in the market owing to the presence of poor and slow developing countries, especially, in the African region. The market is segmented into the United Arab Emirates, Saudi Arabia, Oman, Kuwait, Qatar, and Rest of the Middle East & Africa. In the Middle East & Africa, the healthcare spending has increased during last few years owing to increasing awareness about development in the healthcare sector.

Segmentation

The global Medical Device & Accessories Market Analysis is segmented on the basis of the types of devices. On the basis the types of devices, it is segmented into cardiovascular application, coronary pressure monitors, catheters, therapeutic medical guide, dental implant, cochlear implant, global nerve stimulator market, global diabetes monitors market, and global suture needles market. Furthermore, the cardiovascular application segment is sub-segmented into cardiac monitors, cardiac pacemaker, cardiac defibrillators, and others. The coronary pressure monitor segment is sub-segmented into sphygmomanometer, automated blood pressure monitor, BP transducers, ambulatory blood pressure monitor, and instruments & accessories.

Access Report Details @

https://www.marketresearchfuture.com/reports/medical-device-accessories-market-5466

NOTE: Our team of researchers are studying Covid19 and its impact on various industry verticals and wherever required we will be considering covid19 footprints for a better analysis of markets and industries. Cordially get in touch for more details.

About Market Research Future:

At Market Research Future (MRFR), we enable our customers to unravel the complexity of various industries through our Cooked Research Report (CRR), Half-Cooked Research Reports (HCRR), Raw Research Reports (3R), Continuous-Feed Research (CFR), and Market Research & Consulting Services.

Contact:

Akash Anand

Market Research Future

+1 646 845 9312

Email: sales@marketresearchfuture.com