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Global Medical Devices Market with Focus on Korea: Industry Analysis & Outlook (2017-2021)

Global Medical Devices Market with Focus on Korea: Industry Analysis & Outlook (2017-2021)

Medical device is an instrument, implant, contrivance or a machine used in prevention, diagnosis and treatment of illness, or detecting, restoring or modifying the structure or function of the body for health purpose. Medical devices come with numerous varieties, ranging from simple tongue depressors and bedpans to complex programmable pacemakers with micro-chip technology and laser surgical devices. Medical devices also include in-vitro diagnostic products such as reagents, test kits and lab equipments. Electronic radiation emitting products like X-Ray machines, diagnostic ultrasound machines and medical lasers also come under the medical devices segment.

The Americas region is a major contributor to the global medical device market supported by technological innovation and higher concentration of major medical devices and manufacturing companies. The Americas region is likely to experience further growth of medical device market with technological advancements in medical devices, growing cases of cardiovascular diseases and rising adoption of medical implants.

Cardiology and In-vitro segments were significant in the growth of medical device market because of increased cases of heart related diseases and increased need of lab testing for diagnosis of diseases.

The global medical device market is expected to grow in future due to increasing ageing population, obese population, rise in health expenditure and rising diabetic prevalence. Key trends of this market include adoption of minimally invasive devices, changing lifestyle, increasing awareness towards diagnosis and treatment. However, there are some factors which can hinder the market growth including safety, quality & security control and changing regulations for safety control.

The report “Global Medical Devices Market with Focus on Korea: Industry Analysis & Outlook (2017-2021)” by Koncept Analytics provides an extensive research and detailed analysis of the present market along with future outlook. The report discusses the major growth drivers and challenges of the market, covering the Americas, Asia-Pacific and Europe region along with the global market. The report profiles the key players of the market including Johnson & Johnson, Medtronic plc, Stryker and Siemens."


1. Medical Devices – An Overview
Table 1: Development Phases of Medical Device
2. Global Medical Device Market
2.1 Global Medical Device Market Forecast by Value
Table 2: Global Medical Device Market Forecast by Value (2016-2021)
2.2 Global Medical Device Market by Segment
Table 3: Global Medical Device Market by Segment (2016)
2.2.1 Global In-Vitro Diagnostic Market Forecast by Value
Table 4: Global In-Vitro Diagnostic Market Forecast by Value (2016-2021)
2.2.2 Global In-Vitro Diagnostic Market by Product Type
Table 5: Global In-Vitro Diagnostic Market by Product Type (2016)
2.2.3 Global In-Vitro Diagnostic Market by Technology
Table 6: Global In-Vitro Diagnostic Market by Technology (2016)
2.2.4 Global Cardiology Market Forecast by Value
Table 7: Global Cardiology Market Forecast by Value (2016-2021)
2.2.5 Global Cardiology Market by Segment
Table 8: Global Cardiology Market by Segment (2016)
2.2.6 Global Diagnostic Imaging Market Forecast by Value
Table 9: Global Diagnostic Imaging Market Forecast by Value (2016-2021)
2.2.7 Global Diagnostic Imaging Market by Modalities
Table 10: Global Diagnostic Imaging Market by Modalities (2016)
2.3 Global Medical Device Market by Region
Table 11: Global Medical Device Market by Region (2016)
2.3.1 The Americas Medical Device Market Forecast by Value
Table 12: The Americas Medical Device Market Forecast by Value (2016-2021)
2.3.2 Europe Medical Device Market Forecast by Value
Table 13: Europe Medical Device Market Forecast by Value (2016-2021)
2.3.3 Asia-Pacific Medical Device Market Forecast by Value
Table 14: Asia-Pacific Medical Device Market Forecast by Value (2016-2021)
3. Korea Medical Device Market
3.1 Korea Medical Device Market by Value
Table 15: Korea Medical Device Market by Value (2012-2016)
3.2 Korea Medical Device Market Forecast by Value
Table 16: Korea Medical Device Market Forecast by Value (2017-2021)
3.3 Korea Medical Device Export
3.3.1 Korea Medical Device Exports by Value
Table 17: Korea Medical Device Exports by Value (2012-2016)
3.3.2 Korea Medical Device Exports Forecast by Value
Table 18: Korea Medical Device Exports Forecast by Value (2017-2021)
3.4 Korea Medical Device Export by Region
Table 19: Korea Medical Device Export by Region (2016)
3.5 Korea Medical Device Export by Segment
Table 20: Korea Medical Device Export by Segment (2016)
3.5.1 Korea Ultrasonic Imaging System Export by Value
Table 21: Korea Medical Ultrasonic Imaging System Export by Value (2012-2016)
3.5.2 Korea Ultrasonic Imaging System Export Forecast by Value
Table 22: Korea Ultrasonic Imaging System Export Forecast by Value (2017-2021)
3.5.3 Korea Dental Implant Export by Value
Table 23: Korea Dental Implant Export by Value (2012-2016)
3.5.4 Korea Dental Implant Export Forecast by Value
Table 24: Korea Dental Implant Export Forecast by Value (2017-2021)
3.5.5 Korea Digital X-Ray System Export by Value
Table 25: Korea Digital X-Ray System Export by Value (2012-2016)
3.5.6 Korea Digital X-Ray System Export Forecast by Value
Table 26: Korea Digital X-Ray System Export Forecast by Value (2017-2021)
4. Market Dynamics
4.1 Growth Drivers
4.1.1 Increased Ageing Population
Table 27: Global Ageing Population (2012-2016)
4.1.2 Rising Global Economy
Table 28: Global GDP per Capita (2012-2016)
4.1.3 Increased Health Expenditure
Table 29: Global Healthcare Expenditure per Capita (2012-2016)
4.1.4 Increasing Diabetic prevalence
Table 30: Global Diabetic Prevalence (2015 & 2040E)
4.1.5 Increase in Obese Population
Table 31: Global Obese Population (2012-2016)
4.1.6 Expansion in Middle Class Income
Table 32: Global Middle Class Population by Region (2009-2030E)
4.2 Key Trends
4.2.1 Increasing Demand for Minimally Invasive Devices
4.2.2 Increasing Awareness of Early Diagnoses and Treatment of Disease
4.2.3 Changing Lifestyle
4.2.4 Mergers and Acquisitions
Table 33: Mergers and Acquisitions (2016-2017)
4.3 Challenges
4.3.1 Reliability, Safety and Quality Control
4.3.2 Changing Regulations for Safety and Quality Control
5. Competition
5.1 Medical Device Market
5.1.1 Global Medical Device Market Share by Company
Table 34: Global Medical Device Market Share by Company (2016)
5.2 In-Vitro Diagnostic Market
5.2.1 Global In-Vitro Diagnostic Market Share by Company
Table 35: Global In-Vitro Diagnostic Market Share by Company (2016)
5.3 Diagnostic Imaging Market
5.3.1 Global Diagnostic Imaging Market Share by Company
Table 36: Global Diagnostic Imaging Market Share by Company (2016)
5.4 Dental Implant Market
5.4.1 Global Dental Implant Market Share by Company
Table 37: Global Dental Implant Market Share by Company (2016)
5.4.2 Korea Dental Implant Market Share by Company
Table 38: Korea Dental Implant Market Share by Company (2016)
6. Company Profiles
6.1 Siemens
6.1.1 Business Overview
Table 39: Siemens Industrial Business Revenue by Segment (2016)
6.1.2 Financial Overview
Table 40: Siemens Revenue and Net Income (2012-2016)
6.1.3 Business Strategies
Table 41: Siemens R&D Expenditure (2014-2016)
6.2 Johnson & Johnson
6.2.1 Business Overview
Table 42: Johnson & Johnson Revenue by Product Segment (2016)
6.2.2 Financial Overview
Table 43: Johnson & Johnson Revenue and Net Earnings (2012-2016)
6.2.3 Business Strategies
Table 44: Johnson & Johnson Research and Development Expenditure (2013-2016)
6.3 Medtronic Plc
6.3.1 Business Overview
Table 45: Medtronic Plc Sales by Segment (2016)
6.3.2 Financial Overview
Table 46: Medtronic Plc Net Sales and Net Earnings (2012-2016)
6.3.3 Business Strategies
Table 47: Medtronic Plc R&D Expenditure (2014-2016)
6.4 Stryker Corporation
6.4.1 Business Overview
Table 48: Stryker Corporation Sales by Segment (2016)
6.4.2 Financial Overview
Table 49: Stryker Corporation Net Sales and Net Earnings (2012-2016)
6.4.3 Business Strategies
Table 50: Stryker Corporation R&D Expenditure (2014-2016)

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