Medical Devices Market Research Reports & Industry Analysis

Because of the broad definition, estimates of medical device markets vary as any item from a nuclear camera, catheter to a latex glove can be considered a medical device. It is scattered marketplace in which hundreds of companies worldwide participate. Despite this, a couple scores of companies dominate the market for most segments.

The medical device market is not even half as large as the global pharmaceutical market, though it sees many more transactions. This is due to pricing, because in volume terms more units sold and more patients are impacted by the device market. Although the largest component of the market is in the United States, the majority of sales are non-US, and growth is occurring in other markets.

Medical devices are typically classified into three classes: Class I, II and III based on the risk associated with them. These classifications signify the level of control required to ensure the safety and effectiveness of the device. Consequently, manufacturers of the different classes need to adhere to different levels of regulations and norms, i.e., stringent regulations for higher class of medical devices.

Class I is the least risk. This class includes medical devices that pose minimum risk to a patient and are simpler in design as compared to Class II and Class III medical devices This classification was originally provided by the US Food and Drug Administration (US FDA), and similar classifications are followed by major Asian countries such as Japan and China. Class III requires the highest level of safety and effectiveness assurance as the potential threat to the patient is highest in their case.

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Medical Devices Industry Research & Market Reports

  • Medical Instrument & Supply Manufacturing in the US - Industry Market Research Report

    ... companies (Johnson & Johnson; Stryker Corporation; Becton, Dickinson and Company; and Baxter International Inc.) are estimated to have a combined market share of only 20.7% in 2018. Large companies favor diversification • The large companies ... Read More

  • Medical Equipment & Supply Wholesalers

    ... McKesson Medical-Surgical, Owens & Minor, and Patterson Companies (all based in the US), along with OneMed (Sweden), Yamashita Medical Instruments (Japan), and EBOS Group (Australia). COMPETITIVE LANDSCAPE Pressure to control health care expenditures is intensifying ... Read More

  • Medical & Dental Instrument Manufacturing in the UK - Industry Market Research Report

    ... dentures, and orthodontic appliances. The industry also includes firms that manufacture medical and dental furniture where the additional specific functions determine the purpose of the product, such as dentists’ chairs with built-in hydraulic functions. This ... Read More

  • Medical Device Wholesalers (EUROPEAN) - Industry Report

    ... 250 companies, including AIR LIQUIDE SANTE FRANCE, ASAHI KASEI MEDICAL EUROPE GMBH and BECTON, DICKINSON B.V.. This report covers activities such as medical, equipment, medical, manufacturers, surgical and includes a wealth of information on the ... Read More

  • Medical Devices (GLOBAL) - Industry Report

    ... ABBOTT LABORATORIES POLAND SP. Z O.O., ADVANCED MEDICAL SOLUTIONS GROUP PLC and AMPLITUDE. This report covers activities such as medical, equipment, medical, manufacturers, surgical and includes a wealth of information on the financial trends over ... Read More

  • Scientific Instrument Manufacturers (EUROPEAN) - Industry Report

    ... 260 companies, including ALPHATRON MARINE B.V., BAUMER BETEILIGUNGS GMBH and BOWERS METROLOGY LIMITED. This report covers activities such as science, scientific, lab, laboratory, laboratories and includes a wealth of information on the financial trends over ... Read More

  • Global Emergency Stretcher Market Growth 2020-2025

    ... $ 2022 million by 2025, from $ 1625.9 million in 2019. In particular, this report presents the global market share (sales and revenue) of key companies in Emergency Stretcher business, shared in Chapter 3. This ... Read More

  • Analytical Instruments (GLOBAL) - Industry Report

    ... AGILENT TECHNOLOGIES NETHERLANDS B.V., AVL EMISSION TEST SYSTEMS GMBH and BIOTRONIK SE & CO. KG. This report includes a wealth of information on the financial trends over the past four years. Plimsoll Publishing’s latest Analytical ... Read More

  • Medical Device Wholesalers (GLOBAL) - Industry Report

    ... 520 companies, including ABBOTT MEDICAL FRANCE SAS, AL HAYAT PUBLISHING COMPANY LIMITED and APEX MEDICAL CORP.. This report covers activities such as medical, equipment, medical, manufacturers, surgical and includes a wealth of information on the ... Read More

  • Scientific Instrument Manufacturers (GLOBAL) - Industry Report

    ... 420 companies, including AGILENT TECHNOLOGIES MANUFACTURING GMBH & CO. KG, ANGIOMED GMBH & CO. MEDIZINTECHNIK KG and AZBIL TELSTAR TECHNOLOGIES SLU. This report covers activities such as science, scientific, lab, laboratory, laboratories and includes a ... Read More

  • The World Market for Spectrometers, Spectrophotometers, and Spectrographs Using Ultraviolet, Visible, or Infrared Optical Radiations: A 2021 Global Trade Perspective

    ... a substantial portion of their business or who might be threatened by foreign trade competition. The estimates given in this report were created using a methodology developed by and under the direct supervision of Professor ... Read More

  • Global Bone Morphogenetic Protein (BMP) 2 Market Size, Status and Forecast 2020-2026

    ... has spread to almost 200 countries around the globe with the World Health Organization declaring it a public health emergency. The global impacts of the coronavirus disease 2019 (COVID-19) are already starting to be felt ... Read More

  • Trauma Devices

    ... a revised size of US$10.6 Billion by 2027, growing at aCAGR of 4.9% over the period 2020-2027. Internal Fixators, one of the segments analyzed in the report, is projected to record 4.5% CAGR and reach ... Read More

  • Calibration Services

    ... a revised size of US$9.2 Billion by 2027, growing at a CAGR of 6.4% over the analysis period 2020-2027. Electrical Calibration Services, one of the segments analyzed in the report, is projected to record a ... Read More

  • Hernia Repair Devices

    ... projected to reach a revised size of US$6.4 Billion by 2027, growing at aCAGR of 4.4% over the period 2020-2027. Synthetic, one of the segments analyzed in the report, is projected to record 4% CAGR ... Read More

  • Stretcher Chairs

    ... a revised size of US$279.2 Million by 2027, growing at aCAGR of 3.8% over the period 2020-2027. General Stretcher Chair, one of the segments analyzed in the report, is projected to record 4% CAGR and ... Read More

  • Stethoscopes

    ... electronic variants. Hanging around virtually every physician`s neck, the stethoscope is testimony to the clinical importance of auscultation, despite its limitations. It continues to be a trusted, proven and economical diagnostic tool and is a ... Read More

  • Global Scientific Instrument Market 2020-2024

    ... period. Our reports on scientific instrument market provides a holistic analysis, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis covering around 25 vendors. The report offers an up-to-date analysis ... Read More

  • Global Emergency Stretcher Market 2020 by Manufacturers, Regions, Type and Application, Forecast to 2025

    ... segmentation market growth, market share, competitive Landscape, sales analysis, impact of domestic and global market players, value chain optimization, trade regulations, recent developments, opportunities analysis, strategic market growth analysis, product launches, area marketplace expanding, and ... Read More

  • Operating Room Equipment & Supplies Market Research Report by Product (Anesthesia Systems, Electrosurgical Devices, Endoscopes, Patient Monitors, and Stretchers and Stretcher Accessories), by Equipment (Anesthesia Machines, Electrosurgical Units, Multi-pa

    ... and Operating Tables), by Supply, by End User - United States Forecast to 2025 - Cumulative Impact of COVID-19 The United States Operating Room Equipment & Supplies Market is projected to grow with a significant ... Read More

  • Microscopes

    ... of US$7.9 Million by 2027, growing at a CAGR of 3.9% over the analysis period 2020-2027. Optical, one of the segments analyzed in the report, is projected to record a 4% CAGR and reach US$2.8 ... Read More

  • Batteries in Medical Equipment and Devices

    ... estimated at US$2.7 Billion in the year 2020, is projected to reach a revised size of US$4.1 Billion by 2027, growing at aCAGR of 5.8% over the period 2020-2027. Primary Battery, one of the segments ... Read More

  • Bone Densitometers

    ... a revised size of US$1.1 Billion by 2027, growing at aCAGR of 2.8% over the period 2020-2027. Axial Bone Densitometers, one of the segments analyzed in the report, is projected to record 1.8% CAGR and ... Read More

  • Medical Laser Systems

    ... projected to reach a revised size of US$7.3 Billion by 2027, growing at a CAGR of 8.3% over the analysis period 2020-2027. Aesthetic Lasers, one of the segments analyzed in the report, is projected to ... Read More

  • Mechanical Ventilators

    ... the poor, the elderly and people with co-morbid conditions such as hypertension, asthma, COPD, and cardiovascular diseases. To bring down the mortality rates and improve ICU recoveries, hospitals need ventilators, given that corona virus targets ... Read More

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