Global Medical Devices Industry 2015-2020-Trend Profit and Forecast Analysis
The global medical device market is expected to grow at a CAGR of 4.9% from 2015 to 2020.The major drivers of this market are increasing per capita income, availability of medicalinsurance, and increasing health-related infrastructure. Asia Pacific (APAC) is expected to leadthe global medical device market. Technological advancement, growing population, andincreasing health-related infrastructure are anticipated to drive the Asia Pacific market.global medical device market by region and has come up with a comprehensive research report,“Global Medical Device Market 2015-2020: Trend, Profit, and Forecast Analysis”. This reportprovides an analysis of the global medical device market, including the market trends, growthopportunities, key drivers, and emerging trends in the market. The study also includes theforecast for the global medical device market through 2020 by value ($ Million) and volume(Million Pounds) and segment breakdown by region and device type as follows:
Global medical device market segmented by region-
- North America
- Asia Pacific
- Rest of the World
Global medical device market segmented by device type-
- Surgical and Infection Control
- General Medical Devices
- Home Healthcare
- Other Devices
On the basis of its comprehensive research, Lucintel forecasts that the general medical deviceand cardiovascular segments are expected to witness above average growth during the forecastperiod. Technology innovation in general medical devices is expected to result in costeffectiveness and better performance. Future innovations in medical technology are anticipated toreflect new trends in the cardiovascular medical device segment. For example, ZOLL Medical'sintroduced ResQCPR systems which improve the probability of survival in adult patients with nontraumaticcardiac arrest. Asia Pacific is expected to experience above average growth during theforecast period due to growing elderly population and substantial public and private investmentsin healthcare infrastructure development.
Johnson & Johnson, Medtronic Plc., Siemens Ltd, General Electric Co., and Baxter InternationalInc. are some of the major suppliers of medical devices to various customers of the industry. Theindustry players are opting for M&A, innovation, and expansion for growing their businesses.Several important emerging trends which have a direct impact on the dynamics of the industryinclude changing medical technology landscape, software as a differentiator in medical devices,and patient portable and smaller device design and manufacturing.
This unique report from Lucintel will provide you with valuable information, insights, and toolsneeded to identify new growth opportunities and operate your business successfully in thismarket. This report will save hundreds of hours of your own personal research time and willsignificantly benefit you in expanding your business in this market. In today’s stringent economy,you need every advantage that you can find.
Features and Scope of this Report:
To make business, investment, and strategic decisions, you need timely, useful information. Thismarket report fulfills this core need and is an indispensable reference guide for multinationalmaterials suppliers, product manufacturers, investors, executives, distributors, and many morethat operate in this market.
Some of the features of “Global Medical Devices Market 2015-2020: Trend, Profit, and Forecast Analysis” include:
- Analysis of competitive intensity of the market based on Porter’s Five Forces model which helps to understand the competitive position of industry players.
- Market size in terms of value ($B) by segment, market size trend (2009-2014) and forecast (2015-2020) for key regional segments to make major investment decisions.
- Regional Analysis provides medical devices market breakdown by region among North America, Europe, APAC and ROW.
- Competitor analysis: market drivers and challenges, growth opportunity analysis by segment market and by regional market that helps to ascertain a sound investment decision.
- Market strategic assessment, emerging trend, innovations and new product launches, mergers and acquisitions by the market players are studied in the report.
The report is in power point presentation format and has hundreds of critical data and marketinsights that will help in effective decision making.