Medical Devices Market by Key Types, Detail Analysis and Forecasts To 2030
Key Players:
GE Healthcare (US), Fresenius (Germany), Medtronic (Ireland), Johnson & Johnson (US), Stryker (US), Siemens (Germany), Abiomed Inc. (US), Abbott Laboratories (US), Boston Scientific Corp. (US), Accuray Inc. (US), Bio Rad Laboratories Inc. (US), Becton Dickinson (US), Biotelemetry Inc. (US), Baxter International Inc. (US), and Angiodynamics Inc. (US) are some reputed key players functioning in the worldwide medical devices market.
Medical Devices Market Highlights:
Market Research Future (MRFR), in its “Medical Devices Market Size” report, states that the market can value at USD 995.00 billion at 5.4% CAGR by 2032. In 2021, the global medical devices market was recorded at about USD 492.3 billion. The surge in the medical device market is likely, due to an increase in the need for medical devices. Global Medical Devices Market are used to diagnose, prevent, and the prognosis of diseases. The growing utility of medical devices is expected to prompt the expansion of the global market. The availability of different types of medical devices from surgical equipment to wheelchairs can impel the expansion of the global medical devices market. Other driving factors of the worldwide medical devices market are an increase in patient pool afflicted with various malaises, the surge in cases of accidents, and hefty investment on R&D to develop effective medical solutions. The intervention of disruptive technology in the research and development field of the healthcare industry can bolster the expansion of the medical devices market growth. In addition, the growing prevalence of cardiac problems and the expansion of the geriatric populace promoting the need for medical devices can encourage their market growth. On the downside, expensive medical devices and other healthcare expenses can resist the growth of the medical devices market.
Segmental Outline:
The Global Medical Devi
Key Players:
GE Healthcare (US), Fresenius (Germany), Medtronic (Ireland), Johnson & Johnson (US), Stryker (US), Siemens (Germany), Abiomed Inc. (US), Abbott Laboratories (US), Boston Scientific Corp. (US), Accuray Inc. (US), Bio Rad Laboratories Inc. (US), Becton Dickinson (US), Biotelemetry Inc. (US), Baxter International Inc. (US), and Angiodynamics Inc. (US) are some reputed key players functioning in the worldwide medical devices market.
Medical Devices Market Highlights:
Market Research Future (MRFR), in its “Medical Devices Market Size” report, states that the market can value at USD 995.00 billion at 5.4% CAGR by 2032. In 2021, the global medical devices market was recorded at about USD 492.3 billion. The surge in the medical device market is likely, due to an increase in the need for medical devices. Global Medical Devices Market are used to diagnose, prevent, and the prognosis of diseases. The growing utility of medical devices is expected to prompt the expansion of the global market. The availability of different types of medical devices from surgical equipment to wheelchairs can impel the expansion of the global medical devices market. Other driving factors of the worldwide medical devices market are an increase in patient pool afflicted with various malaises, the surge in cases of accidents, and hefty investment on R&D to develop effective medical solutions. The intervention of disruptive technology in the research and development field of the healthcare industry can bolster the expansion of the medical devices market growth. In addition, the growing prevalence of cardiac problems and the expansion of the geriatric populace promoting the need for medical devices can encourage their market growth. On the downside, expensive medical devices and other healthcare expenses can resist the growth of the medical devices market.
Segmental Outline:
The Global Medical Devi
12 months ago
