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Global Medical Devices Industry 2015-2020-Trend Profit and Forecast Analysis

  • September 2015
  • Lucintel
Report ID: 3273393

Summary

Table of Contents

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 medical insurance, and increasing health-related infrastructure. Asia Pacific (APAC) is expected to lead the global medical device market. Technological advancement, growing population, and increasing health-related infrastructure are anticipated to drive the Asia Pacific market.

Lucintel, a leading global management consulting and market research firm, has analyzed the 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 report provides an analysis of the global medical device market, including the market trends, growth opportunities, key drivers, and emerging trends in the market. The study also includes the forecast 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 Europe Asia Pacific Rest of the World

Global medical device market segmented by device type-
Surgical and Infection Control General Medical Devices Cardiovascular Home Healthcare Other Devices

On the basis of its comprehensive research, Lucintel forecasts that the general medical device and cardiovascular segments are expected to witness above average growth during the forecast period. Technology innovation in general medical devices is expected to result in cost effectiveness and better performance. Future innovations in medical technology are anticipated to reflect new trends in the cardiovascular medical device segment. For example, ZOLL Medical's introduced ResQCPR systems which improve the probability of survival in adult patients with non-traumatic cardiac arrest. Asia Pacific is expected to experience above average growth during the forecast period due to growing elderly population and substantial public and private investments in healthcare infrastructure development.

Johnson & Johnson, Medtronic Plc., Siemens Ltd, General Electric Co., and Baxter International Inc. are some of the major suppliers of medical devices to various customers of the industry. The industry 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 industry include 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 tools needed to identify new growth opportunities and operate your business successfully in this market. This report will save hundreds of hours of your own personal research time and will significantly benefit you in expanding your business in this market. In today’s stringent economy, you need every advantage that you can find.

To make business, investment, and strategic decisions, you need timely, useful information. This market report fulfills this core need and is an indispensable reference guide for multinational materials suppliers, product manufacturers, investors, executives, distributors, and many more that 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 market insights that will help in effective decision making.

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