Single Use Medical Device Market Report: Trends, Forecast and Competitive Analysis to 2030
Description
Single Use Medical Device Market Report: Trends, Forecast and Competitive Analysis to 2030
Single Use Medical Device Trends and Forecast
The future of the global single use medical device market looks promising with opportunities in the hospital and medical center markets. The global single use medical device market is expected to grow with a CAGR of 6.7% from 2024 to 2030. The major drivers for this market are increasing demand for minimally invasive procedures and growing demand for personalized medicine.
A more than 150-page report is developed to help in your business decisions. Sample figures with some insights are shown below.
Single Use Medical Device by Segment
The study includes a forecast for the global single use medical device by device type, end use, and region.
Single Use Medical Device Market by Device Type [Shipment Analysis by Value from 2018 to 2030]:
- Laparoscopic Graspers
- Scalpels
- Tourniquet Cuffs
- Pulse Oximeter Sensors
- Sequential Compression Sleeves
- Catheters & Guidewires
- Others
- Hospitals
- Medical Centers
- Others
- North America
- Europe
- Asia Pacific
- The Rest of the World
Companies in the market compete on the basis of product quality offered. Major players in this market focus on expanding their manufacturing facilities, R&D investments, infrastructural development, and leverage integration opportunities across the value chain. With these strategies single use medical device companies cater increasing demand, ensure competitive effectiveness, develop innovative products & technologies, reduce production costs, and expand their customer base. Some of the single use medical device companies profiled in this report include-
- Arjo
- Innovative Health
- Johnson & Johnson
- Medline Industries
- Nescientific
Lucintel forecasts that sequential compression sleeve is expected to witness highest growth over the forecast period.
Within this market, hospital is expected to witness highest growth over the forecast period.
North America is expected to witness highest growth over the forecast period.
Features of the Global Single Use Medical Device Market
Market Size Estimates: Single use medical device market size estimation in terms of value ($B).
Trend and Forecast Analysis: Market trends (2018 to 2023) and forecast (2024 to 2030) by various segments and regions.
Segmentation Analysis: Single use medical device market size by device type, end use, and region in terms of value ($B).
Regional Analysis: Single use medical device market breakdown by North America, Europe, Asia Pacific, and Rest of the World.
Growth Opportunities: Analysis of growth opportunities in different device types, end uses, and regions for the single use medical device market.
Strategic Analysis: This includes M&A, new product development, and competitive landscape of the single use medical device market.
Analysis of competitive intensity of the industry based on Porter’s Five Forces model.
FAQ
Q1. What is the growth forecast for single use medical device market?
Answer: The global single use medical device market is expected to grow with a CAGR of 6.7% from 2024 to 2030.
Q2. What are the major drivers influencing the growth of the single use medical device market?
Answer: The major drivers for this market are increasing demand for minimally invasive procedures and growing demand for personalized medicine.
Q3. What are the major segments for single use medical device market?
Answer: The future of the single use medical device market looks promising with opportunities in the hospital and medical center markets.
Q4. Who are the key single use medical device market companies?
Answer: Some of the key single use medical device companies are as follows:
- Arjo
- Innovative Health
- Johnson & Johnson
- Medline Industries
- Nescientific
Answer: Lucintel forecasts that sequential compression sleeve is expected to witness highest growth over the forecast period.
Q6. In single use medical device market, which region is expected to be the largest in next 5 years?
Answer: North America is expected to witness highest growth over the forecast period.
Q7. Do we receive customization in this report?
Answer: Yes, Lucintel provides 10% customization without any additional cost.
This report answers following 11 key questions:
Q.1. What are some of the most promising, high-growth opportunities for the single use medical device market by device type (laparoscopic graspers, scalpels, tourniquet cuffs, pulse oximeter sensors, sequential compression sleeves, catheters & guidewires, and others), end use (hospitals, medical centers, and others), and region (North America, Europe, Asia Pacific, and the Rest of the World)?
Q.2. Which segments will grow at a faster pace and why?
Q.3. Which region will grow at a faster pace and why?
Q.4. What are the key factors affecting market dynamics? What are the key challenges and business risks in this market?
Q.5. What are the business risks and competitive threats in this market?
Q.6. What are the emerging trends in this market and the reasons behind them?
Q.7. What are some of the changing demands of customers in the market?
Q.8. What are the new developments in the market? Which companies are leading these developments?
Q.9. Who are the major players in this market? What strategic initiatives are key players pursuing for business growth?
Q.10. What are some of the competing products in this market and how big of a threat do they pose for loss of market share by material or product substitution?
Q.11. What M&A activity has occurred in the last 5 years and what has its impact been on the industry?
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Table of Contents
150 Pages
- 1. Executive Summary
- 2. Global Single Use Medical Device Market : Market Dynamics
- 2.1: Introduction, Background, and Classifications
- 2.2: Supply Chain
- 2.3: Industry Drivers and Challenges
- 3. Market Trends and Forecast Analysis from 2018 to 2030
- 3.1. Macroeconomic Trends (2018-2023) and Forecast (2024-2030)
- 3.2. Global Single Use Medical Device Market Trends (2018-2023) and Forecast (2024-2030)
- 3.3: Global Single Use Medical Device Market by Device Type
- 3.3.1: Laparoscopic Graspers
- 3.3.2: Scalpels
- 3.3.3: Tourniquet Cuffs
- 3.3.4: Pulse Oximeter Sensors
- 3.3.5: Sequential Compression Sleeves
- 3.3.6: Catheters & Guidewires
- 3.3.7: Others
- 3.4: Global Single Use Medical Device Market by End Use
- 3.4.1: Hospitals
- 3.4.2: Medical Centers
- 3.4.3: Others
- 4. Market Trends and Forecast Analysis by Region from 2018 to 2030
- 4.1: Global Single Use Medical Device Market by Region
- 4.2: North American Single Use Medical Device Market
- 4.2.2: North American Single Use Medical Device Market by End Use: Hospitals, Medical Centers, and Others
- 4.3: European Single Use Medical Device Market
- 4.3.1: European Single Use Medical Device Market by Device Type: Laparoscopic Graspers, Scalpels, Tourniquet Cuffs, Pulse Oximeter Sensors, Sequential Compression Sleeves, Catheters & Guidewires, and Others
- 4.3.2: European Single Use Medical Device Market by End Use: Hospitals, Medical Centers, and Others
- 4.4: APAC Single Use Medical Device Market
- 4.4.1: APAC Single Use Medical Device Market by Device Type: Laparoscopic Graspers, Scalpels, Tourniquet Cuffs, Pulse Oximeter Sensors, Sequential Compression Sleeves, Catheters & Guidewires, and Others
- 4.4.2: APAC Single Use Medical Device Market by End Use: Hospitals, Medical Centers, and Others
- 4.5: ROW Single Use Medical Device Market
- 4.5.1: ROW Single Use Medical Device Market by Device Type: Laparoscopic Graspers, Scalpels, Tourniquet Cuffs, Pulse Oximeter Sensors, Sequential Compression Sleeves, Catheters & Guidewires, and Others
- 4.5.2: ROW Single Use Medical Device Market by End Use: Hospitals, Medical Centers, and Others
- 5. Competitor Analysis
- 5.1: Product Portfolio Analysis
- 5.2: Operational Integration
- 5.3: Porter’s Five Forces Analysis
- 6. Growth Opportunities and Strategic Analysis
- 6.1: Growth Opportunity Analysis
- 6.1.1: Growth Opportunities for the Global Single Use Medical Device Market by Device Type
- 6.1.2: Growth Opportunities for the Global Single Use Medical Device Market by End Use
- 6.1.3: Growth Opportunities for the Global Single Use Medical Device Market by Region
- 6.2: Emerging Trends in the Global Single Use Medical Device Market
- 6.3: Strategic Analysis
- 6.3.1: New Product Development
- 6.3.2: Capacity Expansion of the Global Single Use Medical Device Market
- 6.3.3: Mergers, Acquisitions, and Joint Ventures in the Global Single Use Medical Device Market
- 6.3.4: Certification and Licensing
- 7. Company Profiles of Leading Players
- 7.1: Arjo
- 7.2: Innovative Health
- 7.3: Johnson & Johnson
- 7.4: Medline Industries
- 7.5: NEScientific
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