Asia Pacific Medical Devices Market to 2027 - Regional Analysis and Forecasts by Product Type (In Vitro Diagnostics (IVD), Surgical Device, General Medical Devices, Cardiovascular Devices, Orthopedic, Infection Control Devices, Ophthalmology, Endoscopy, N

Asia Pacific Medical Devices Market to 2027 - Regional Analysis and Forecasts by Product Type (In Vitro Diagnostics (IVD), Surgical Device, General Medical Devices, Cardiovascular Devices, Orthopedic, Infection Control Devices, Ophthalmology, Endoscopy, Neurology, Others); Function (Diagnostic and Monitoring, Therapeutics, Surgical, Others); End User (Homecare Medical Devices, Hospital Medical Devices, Ambulatory Care Medical Devices, Others); Country – Regional Analysis and Market Forecasts by Product Type, Function and End User

Asia Pacific medical devices market is anticipated to reach US$ 1,69,735.1 million by 2027 from US$ 1,02,380.6 million in 2019. The market is projected to grow with a CAGR of 6.7% from 2019 to 2027.

The medical devices market is growing primarily due to the growing medical device industry. Challenges in medical device industry, is likely to hamper the growth of the market in the coming years. However, rising government support for medical technologies is expected to have a positive impact on the growth of the Asia Pacific medical devices market in the coming years.

A medical device can be a machine, instrument, apparatus, or an article that can be used to diagnose, monitor, and carry out therapeutic purposes. A medical device plays an essential role in detection, measurement, restoration, and modification of the structure or a function of the body according to the health problems or chronic medical conditions. There are various types of medical devices such as glasses, pacemakers, wheelchairs, X-ray machines, MRI, and CT scans. These medical devices are categorized into four classes, such as I, IIa, IIb, and III. The categories of the medical devices are based on the Food and Drug Administration and CE marking. The organizations have categorized class I as low-risk medical devices and class III as high-risk medical devices.

Medical devices are essential for disease prevention, medical diagnosis, as well as for the treatment and rehabilitation of medical condition. The Asia Pacific medical device industry witnesses continuous innovations and technological advancements, which drives the growth of healthcare sector worldwide.

The medical device market is growing in developing countries such as China and India. As per the US Department of Commerce’s International Trade Administration, China’s medical device market reached US$ 78.81 billion in 2018, an increase of 22% from 2017. The Indian medical device market was valued at US$ 6 billion in 2017 and is projected to reach US$ 50 billion by 2025. As per the National Investment Promotion and Facilitation Agency, about 65% of the medical device manufacturers in India are domestic players. In 2019, Telangana, Andhra Pradesh, Tamil Nadu, and Kerala received approval from the Government of India for new medical device parks.

In terms of product type, the in vitro diagnostics (IVD) segment accounted for the largest share of the Asia Pacific medical devices market in 2019. However, the neurological devices segment is estimated to mark the highest CAGR in the market during the forecast period, owing to rapid product approvals and launches.

Australian Dental Industry Association (ADIA), Association of Indian Medical Device Industry (AiMeD), Australian Regulatory Guidelines for Medical Devices (ARGMD), CDC, and FDA are among the significant primary and secondary sources for medical devices included in the report.

Reason to buy

To understand the medical devices market landscape and identify market segments that are most likely to guarantee a strong return
Stay ahead of the race by comprehending the ever-changing competitive landscape for medical devices market
Efficiently plan M&A and partnership deals in medical devices market by identifying market segments with the most promising probable sales
Helps to take knowledgeable business decisions from perceptive and comprehensive analysis of market performance of various segment form medical devices market
Obtain market revenue forecast for market by various segments from 2018-2027 in Asia Pacific region


1. Introduction
1.1 Scope of the Study
1.2 The Insight Partners Research Report Guidance
1.3 Market Segmentation
1.3.1 Asia Pacific Medical Devices Market – By Product Type
1.3.2 Asia Pacific Medical Devices Market – By Function
1.3.3 Asia Pacific Medical Devices Market – By End User
1.3.4 Asia Pacific Medical Devices Market – By Country
2. Asia Pacific Medical Devices Market – Key Takeaways
3. Research Methodology
3.1 Coverage
3.2 Secondary Research
3.3 Primary Research
4. Asia Pacific Medical Devices Market Landscape
4.1 Overview
4.2 PEST Analysis
4.2.1 Asia Pacific Medical Devices Market - Asia Pacific PEST Analysis
4.3 Expert Opinion
5. Asia Pacific Medical Devices Key Market Dynamics
5.1 Key Market Drivers
5.1.1 Growing Medical Device Industry
5.2 Key Restraints
5.2.1 Challenges in Medical Device Industry
5.3 Key Market Opportunities
5.3.1 Rising Government Support on Medical Technologies
5.4 Future Trend
5.4.1 Smart Medical Devices Revolutionising Medical Device Industry
5.5 Impact Analysis
6. Medical Devices Market – Asia Pacific Analysis
6.1 Asia Pacific Medical Devices Market Revenue Forecasts and Analysis
7. Medical Device Market Analysis – By Product Type
7.1 Overview
7.2 Medical Devices Market Share, by Product Type, 2019 and 2027 (%)
7.3 Surgical Devices
7.3.1 Overview
7.3.2 Surgical Devices: Medical Devices Market– Revenue and Forecast to 2027 (US$ Million)
7.3.3 Electrosurgical Generators
7.3.3.1 Overview
7.3.3.2 Electrosurgical Generators: Medical Devices Market– Revenue and Forecast to 2027 (US$ Million)
7.3.4 Ultrasonic Surgical Generators
7.3.4.1 Overview
7.3.4.2 Ultrasonic Surgical Generators: Medical Devices Market– Revenue and Forecast to 2027 (US$ Million)
7.3.5 Minimally Invasive Surgery Instruments
7.3.5.1 Overview
7.3.5.2 Minimally Invasive Surgery Instruments: Medical Devices Market– Revenue and Forecast to 2027 (US$ Million)
7.3.6 Others
7.3.6.1 Overview
7.3.6.2 Others: Medical Devices Market– Revenue and Forecast to 2027 (US$ Million)
7.4 Infection Control Devices
7.4.1 Overview
7.4.2 Infection Control Devices: Medical Devices Market– Revenue and Forecast to 2027 (US$ Million)
7.5 General Medical Devices
7.5.1 Overview
7.5.2 General Medical Devices: Medical Devices Market– Revenue and Forecast to 2027 (US$ Million)
7.6 Cardiovascular Devices
7.6.1 Overview
7.6.2 Cardiovascular Devices: Medical Devices Market– Revenue and Forecast to 2027 (US$ Million)
7.7 Neurological Devices
7.7.1 Overview
7.7.2 Neurological Devices: Medical Devices Market – Revenue and Forecast to 2027 (US$ Million)
7.8 Ophthalmology Devices
7.8.1 Overview
7.8.2 Ophthalmology Devices: Medical Devices Market – Revenue and Forecast to 2027 (US$ Million)
7.9 Orthopedic Devices
7.9.1 Overview
7.9.2 Orthopedic Devices: Medical Devices Market – Revenue and Forecast to 2027 (US$ Million)
7.10 In-vitro Diagnostic Devices
7.10.1 Overview
7.10.2 In-vitro Diagnostic Devices: Medical Devices Market – Revenue and Forecast to 2027 (US$ Million)
7.11 Endoscopy Devices
7.11.1 Overview
7.11.2 Endoscopy Devices: Medical Devices Market – Revenue and Forecast to 2027 (US$ Million)
7.12 Others
7.12.1 Overview
7.12.2 Others: Medical Devices Market – Revenue and Forecast to 2027 (US$ Million)
8. Medical Devices Market– By Function
8.1 Overview
8.2 Medical Devices Market Share, by Function, 2019 and 2027 (%)
8.3 Diagnostic and Monitoring
8.3.1 Overview
8.3.2 Diagnostic and Monitoring: Medical Devices Market– Revenue and Forecast to 2027 (USD Million)
8.4 Therapeutics
8.4.1 Overview
8.4.2 Therapeutics: Medical Devices Market– Revenue and Forecast to 2027 (USD Million)
8.5 Surgical
8.5.1 Overview
8.5.2 Surgical: Medical Devices Market– Revenue and Forecast to 2027 (USD Million)
8.6 Others
8.6.1 Overview
8.6.2 Others: Medical Devices Market– Revenue and Forecast to 2027 (USD Million)
9. Medical Device Market Analysis – By End User
9.1 Overview
9.2 Medical Device Market Share, by End User, 2019 and 2027, (%)
9.3 Hospitals
9.3.1 Overview
9.3.2 Hospitals: Medical Device Market – Revenue and Forecast to 2027 (US$ Million)
9.4 Homecare
9.4.1 Overview
9.4.2 Homecare: Medical Device Market – Revenue and Forecast to 2027 (US$ Million)
9.5 Ambulatory Care
9.5.1 Overview
9.5.2 Ambulatory Care: Medical Device Market – Revenue and Forecast to 2027 (US$ Million)
9.6 Others
9.6.1 Overview
9.6.2 Others: Medical Device Market – Revenue and Forecast to 2027 (US$ Million)
10. Medical Devices Market Revenue and Forecasts To 2027 – Geographical Analysis
10.1 Asia Pacific Medical Devices Market Revenue and Forecasts To 2027
10.1.1 Overview
10.1.2 Asia Pacific: Medical Devices Market - Revenue and Forecast to 2027 (USD Million)
10.1.3 Asia Pacific: Medical Devices Market, by Product Type – Revenue and Forecast to 2027 (USD Million)
10.1.3.1 Asia Pacific: Medical Devices Market, by Surgical Devices – Revenue and Forecast to 2027 (USD Million)
10.1.4 Asia Pacific: Medical Devices Market, by Function – Revenue and Forecast to 2027 (USD Million)
10.1.5 Asia Pacific: Medical Devices Market, End User – Revenue and Forecast to 2027 (USD Million)
10.1.6 Asia Pacific: Medical Devices Market, by Country, 2019 & 2027 (%)
10.1.7 China: Medical Devices Market – Revenue and Forecast to 2027 (USD Million)
10.1.7.1 China: Medical Devices Market – Revenue and Forecast to 2027 (USD Million)
10.1.7.2 China: Medical Devices Market, by Product Type – Revenue and Forecast to 2027 (USD Million)
10.1.7.2.1 China: Medical Devices Market, by Surgical Devices – Revenue and Forecast to 2027 (USD Million)
10.1.7.3 China: Medical Devices Market, by Function– Revenue and Forecast to 2027 (USD Million)
10.1.7.4 China: Medical Devices Market, End User – Revenue and Forecast to 2027 (USD Million)
10.1.8 Japan: Medical Devices Market – Revenue and Forecast to 2027 (USD Million)
10.1.8.1 Japan: Medical Devices Market – Revenue and Forecast to 2027 (USD Million)
10.1.8.2 Japan: Medical Devices Market, by Product Type – Revenue and Forecast to 2027 (USD Million)
10.1.8.2.1 Japan: Medical Devices Market, by Surgical Devices – Revenue and Forecast to 2027 (USD Million)
10.1.8.3 Japan: Medical Devices Market, by Function– Revenue and Forecast to 2027 (USD Million)
10.1.8.4 Japan: Medical Devices Market, End User – Revenue and Forecast to 2027 (USD Million)
10.1.9 India: Medical Devices Market – Revenue and Forecast to 2027 (USD Million)
10.1.9.1 India: Medical Devices Market – Revenue and Forecast to 2027 (USD Million)
10.1.9.2 India: Medical Devices Market, by Product Type – Revenue and Forecast to 2027 (USD Million)
10.1.9.2.1 India: Medical Devices Market, by Surgical Devices – Revenue and Forecast to 2027 (USD Million)
10.1.9.3 India: Medical Devices Market, by Function– Revenue and Forecast to 2027 (USD Million)
10.1.9.4 India: Medical Devices Market, End User – Revenue and Forecast to 2027 (USD Million)
10.1.10 South Korea: Medical Devices Market – Revenue and Forecast to 2027 (USD Million)
10.1.10.1 South Korea: Medical Devices Market – Revenue and Forecast to 2027 (USD Million)
10.1.10.2 South Korea: Medical Devices Market, by Product Type – Revenue and Forecast to 2027 (USD Million)
10.1.10.2.1 South Korea: Medical Devices Market, by Surgical Devices – Revenue and Forecast to 2027 (USD Million)
10.1.10.3 South Korea: Medical Devices Market, by Function– Revenue and Forecast to 2027 (USD Million)
10.1.10.4 South Korea: Medical Devices Market, End User – Revenue and Forecast to 2027 (USD Million)
10.1.11 Australia: Medical Devices Market – Revenue and Forecast to 2027 (USD Million)
10.1.11.1 Australia: Medical Devices Market – Revenue and Forecast to 2027 (USD Million)
10.1.11.2 Australia: Medical Devices Market, by Product Type – Revenue and Forecast to 2027 (USD Million)
10.1.11.2.1 Australia: Medical Devices Market, by Surgical Devices – Revenue and Forecast to 2027 (USD Million)
10.1.11.3 Australia: Medical Devices Market, by Function– Revenue and Forecast to 2027 (USD Million)
10.1.11.4 Australia: Medical Devices Market, End User – Revenue and Forecast to 2027 (USD Million)
11. Impact of COVID-19 Pandemic on Global Medical Devices Market
11.1 Asia Pacific: Impact Assessment of COVID-19 Pandemic
12. Company Profiles
12.1 3M
12.1.1 Key Facts
12.1.2 Business Description
12.1.3 Products and Services
12.1.4 Financial Overview
12.1.5 SWOT Analysis
12.1.6 Key Developments
12.2 Braun Melsungen AG
12.2.1 Key Facts
12.2.2 Business Description
12.2.3 Products and Services
12.2.4 Financial Overview
12.2.5 SWOT Analysis
12.2.6 Key Developments
12.3 Boston Scientific Corporation
12.3.1 Key Facts
12.3.2 Business Description
12.3.3 Products and Services
12.3.4 Financial Overview
12.3.5 SWOT Analysis
12.3.6 Key Developments
12.4 Abbott
12.4.1 Key Facts
12.4.2 Business Description
12.4.3 Products and Services
12.4.4 Financial Overview
12.4.5 SWOT Analysis
12.4.6 Key Developments
12.5 Medtronic
12.5.1 Key Facts
12.5.2 Business Description
12.5.3 Products and Services
12.5.4 Financial Overview
12.5.5 SWOT Analysis
12.5.6 Key Developments
13. Appendix
13.1 About The Insight Partners
13.2 Glossary of Terms
List of Tables
Table 1. Asia Pacific: Medical Devices Market, by Product Type – Revenue and Forecast to 2027 (USD Million)
Table 2. Asia Pacific: Medical Devices Market, by Surgical Devices – Revenue and Forecast to 2027 (USD Million)
Table 3. Asia Pacific: Medical Devices Market, by Function – Revenue and Forecast to 2027 (USD Million)
Table 4. Asia Pacific: Medical Devices Market, End User – Revenue and Forecast to 2027 (USD Million)
Table 5. China: Medical Devices Market, by Product Type – Revenue and Forecast to 2027 (USD Million)
Table 6. China: Medical Devices Market, by Surgical Devices – Revenue and Forecast to 2027 (USD Million)
Table 7. China: Medical Devices Market, by Function – Revenue and Forecast to 2027 (USD Million).
Table 8. China: Medical Devices Market, End User – Revenue and Forecast to 2027 (USD Million)
Table 9. Japan: Medical Devices Market, by Product Type – Revenue and Forecast to 2027 (USD Million)
Table 10. Japan: Medical Devices Market, by Surgical Devices – Revenue and Forecast to 2027 (USD Million)
Table 11. Japan: Medical Devices Market, by Function – Revenue and Forecast to 2027 (USD Million).
Table 12. Japan: Medical Devices Market, End User – Revenue and Forecast to 2027 (USD Million)
Table 13. India: Medical Devices Market, by Product Type – Revenue and Forecast to 2027 (USD Million)
Table 14. India: Medical Devices Market, by Surgical Devices – Revenue and Forecast to 2027 (USD Million)
Table 15. India: Medical Devices Market, by Function – Revenue and Forecast to 2027 (USD Million).
Table 16. India: Medical Devices Market, End User – Revenue and Forecast to 2027 (USD Million)
Table 17. South Korea: Medical Devices Market, by Product Type – Revenue and Forecast to 2027 (USD Million)
Table 18. South Korea: Medical Devices Market, by Surgical Devices – Revenue and Forecast to 2027 (USD Million)
Table 19. South Korea: Medical Devices Market, by Function – Revenue and Forecast to 2027 (USD Million).
Table 20. South Korea: Medical Devices Market, End User – Revenue and Forecast to 2027 (USD Million)
Table 21. Australia: Medical Devices Market, by Product Type – Revenue and Forecast to 2027 (USD Million)
Table 22. Australia: Medical Devices Market, by Surgical Devices – Revenue and Forecast to 2027 (USD Million)
Table 23. Australia: Medical Devices Market, by Function – Revenue and Forecast to 2027 (USD Million).
Table 24. Australia: Medical Devices Market, End User – Revenue and Forecast to 2027 (USD Million)
Table 25. Glossary of Terms, Asia Pacific Medical Devices Market
List of Figures
Figure 1. Medical Devices Market Segmentation
Figure 2. Asia Pacific Medical Devices Market Overview
Figure 3. In Vitro Diagnostics (IVD) Segment Held Largest Share of Medical Devices Market in 2019
Figure 4. China Is Expected to Show Remarkable Growth During the Forecast Period
Figure 5. Asia Pacific Medical Devices Market- Leading Country Markets (US$ Mn)
Figure 6. Asia Pacific Medical Devices Market - Asia Pacific PEST Analysis
Figure 7. Medical Devices Market Impact Analysis of Drivers and Restraints
Figure 8. Asia Pacific Medical Devices Market – Revenue Forecasts and Analysis – 2019- 2027
Figure 9. Medical devices market Share, by Product Type, 2019 and 2027 (%)
Figure 10. Surgical Devices: Medical Devices Market– Revenue and Forecast to 2027 (US$ Million)
Figure 11. Electrosurgical Generators: Medical Devices Market– Revenue and Forecast to 2027 (US$ Million)
Figure 12. Ultrasonic Surgical Generators: Medical Devices Market– Revenue and Forecast to 2027 (US$ Million)
Figure 13. Minimally Invasive Surgery Instruments: Medical Devices Market– Revenue and Forecast to 2027 (US$ Million)
Figure 14. Others: Medical Devices Market– Revenue and Forecast to 2027 (US$ Million)
Figure 15. Infection Control Devices: Medical Devices Market– Revenue and Forecast to 2027 (US$ Million)
Figure 16. General Medical Devices: Medical Devices Market– Revenue and Forecast to 2027 (US$ Million)
Figure 17. Cardiovascular Devices: Medical Devices Market – Revenue and Forecast to 2027 (US$ Million)
Figure 18. Neurological Devices: Medical Devices Market – Revenue and Forecast to 2027 (US$ Million)
Figure 19. Ophthalmology Devices: Medical Devices Market – Revenue and Forecast to 2027 (US$ Million)
Figure 20. Orthopedic Devices: Medical Devices Market – Revenue and Forecast to 2027 (US$ Million)
Figure 21. Invitro Diagnostic Devices: Medical Devices Market – Revenue and Forecast to 2027 (US$ Million)
Figure 22. Endoscopy Devices: Medical Devices Market – Revenue and Forecast to 2027 (US$ Million)
Figure 23. Others: Medical Devices Market – Revenue and Forecast to 2027 (US$ Million)
Figure 24. Medical Devices Market Share, by Function, 2019 and 2027 (%)
Figure 25. Diagnostic and Monitoring: Medical Devices Market– Revenue and Forecast to 2027 (USD Million)
Figure 26. Therapeutics: Medical Devices Market– Revenue and Forecast to 2027 (USD Million)
Figure 27. Surgical: Medical Devices Market– Revenue and Forecast to 2027 (USD Million)
Figure 28. Others: Medical Devices Market– Revenue and Forecast to 2027 (USD Million)
Figure 29. Medical Device Market Share, by End User, 2019 and 2027 (%)
Figure 30. Hospitals: Medical Device Market – Revenue and Forecast to 2027 (US$ Million)
Figure 31. Homecare: Medical Device Market – Revenue and Forecast to 2027 (US$ Million)
Figure 32. Ambulatory Care: Medical Device Market – Revenue and Forecast to 2027 (US$ Million)
Figure 33. Others: Medical Device Market – Revenue and Forecast to 2027 (US$ Million)
Figure 34. Asia Pacific: Medical Devices Market, by Key Country – Revenue (2019) (USD Million)
Figure 35. Asia Pacific: Medical Devices Market Revenue and Forecast to 2027 (USD Million)
Figure 36. Asia Pacific: Medical Devices Market, by Country, 2019 & 2027 (%)
Figure 37. China: Medical Devices Market – Revenue and Forecast to 2027 (USD Million)
Figure 38. Japan: Medical Devices Market – Revenue and Forecast to 2027 (USD Million)
Figure 39. India: Medical Devices Market – Revenue and Forecast to 2027 (USD Million)
Figure 40. South Korea: Medical Devices Market – Revenue and Forecast to 2027 (USD Million)
Figure 41. Australia: Medical Devices Market – Revenue and Forecast to 2027 (USD Million)
Figure 42. Impact of COVID-19 Pandemic In Asia Pacific Country Markets

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