1. Market Research
  2. > Healthcare
  3. > Medical Device Market Trends

Top 10 Medical Device Technologies Market by Type - Global Forecast to 2020

  • December 2015
  • 384 pages
  • MarketsandMarkets
Report ID: 3458912

Summary

Table of Contents

Search Inside

The global top 10 medical device technologies market is expected to reach USD 428,970.7 million by 2020, growing at a CAGR of 5.5% during the forecast period (2015 to 2020). The market is mainly driven by the rising prevalence of chronic diseases and related increase in disability-adjusted life years (DALYs), technological advancements in medical devices, and growing aging population. In this report, the top 10 medical devices market is segmented by type and region. The top 10 medical device technologies market, by type, is segmented into in vitro diagnostics (IVD) devices, cardiology devices, diagnostic imaging devices, orthopedic devices, ophthalmology devices, endoscopy devices, diabetes care devices, wound management devices, kidney/dialysis devices, and anesthesia & respiratory care devices. In 2014, the IVD devices segment accounted for the largest share of approximately 17.1% of the top 10 medical device technologies market, and is expected to grow at a CAGR of 5.8% during the forecast period. Growth in this segment is mainly attributed to the increasing prevalence of diabetes, cardiovascular diseases, and cancer.

In 2014, North America commanded the largest share of the global top 10 medical device technologies market, followed by Europe, Asia-Pacific, Latin America, and the Middle East & Africa. North America accounted for the largest share of 39.7% of the global top 10 medical device technologies market in 2014. The U.S. is a prime market due to the easy access to advanced medical devices through well-established distribution channels, high patient awareness on medical device technologies, and presence of advanced healthcare infrastructure. On the other hand, Asia-Pacific is the fastest-growing region in the global top 10 medical devices market, mainly driven by the large population and rising healthcare needs, increased spending capabilities of consumers on healthcare, improving healthcare infrastructure in the region, and increasing investments by leading players and respective government agencies in the region.

Major players in the top 10 medical device technologies market are Johnson & Johnson (U.S.), GE Healthcare (U.K.), Siemens Healthcare (Germany), Medtronic (U.S.), Philips Healthcare (Netherlands), Roche Diagnostics (Switzerland), Abbott Laboratories Inc. (U.S.), Smith & Nephew plc (U.K.), Stryker Corporation (U.S.), and Boston Scientific Corporation (U.S.).

Reasons to Buy the Report
The report will enrich established firms as well as new entrants/smaller firms to gauge the pulse of the market, which in turn would help them garner a greater market share. Firms purchasing the report could use one or a combination of the below-mentioned five strategies (market penetration, product development/innovation, market development, market diversification, and competitive assessment) for reaping greater market shares.

This report provides insights on the following pointers:
- Market Penetration: Comprehensive information on the product portfolios offered by the top players in the top 10 medical device technologies market. The report analyzes the top 10 medical devices market by type across all regions
- Product Development/Innovation: Detailed insights on the upcoming trends, R&D activities, and new product launches in the top 10 medical device technologies market
- Market Development: Comprehensive information on the lucrative emerging markets by type and region
- Market Diversification: Exhaustive information about new products, growing regions, recent developments, and investments in the top 10 medical device technologies market
- Competitive Assessment: In-depth assessment of market shares, growth strategies, products, distribution networks, and manufacturing capabilities of the leading players in the top 10 medical device technologies market

Available Customizations for This Report
With the given market data, MarketsandMarkets offers customizations as per the company’s specific needs. The following customization options are available for the report:
- Product Analysis
o Product matrix, which gives a detailed comparison of the product portfolios of each company
- Geographic Analysis
o Further breakdown of the Rest of Asia-Pacific top 10 medical device technologies market into South Korea, Australia, New Zealand, and others
- Company Information
o Detailed analysis and profiling of additional market players (up to 5)

Get Industry Insights. Simply.

  • Latest reports & slideshows with insights from top research analysts
  • 60 Million searchable statistics with tables, figures & datasets
  • More than 25,000 trusted sources
  • Single User License — provides access to the report by one individual.
  • Department License — allows you to share the report with up to 5 users
  • Site License — allows the report to be shared amongst all employees in a defined country
  • Corporate License — allows for complete access, globally.

Veronica helps you find the right report:

Testimonials

The research specialist advised us on the best content for our needs and provided a great report and follow-up, thanks very much we shall look at ReportLinker in the future.

Kate Merrick

Global Marketing Manager at
Eurotherm by Schneider Electric

We were impressed with the support that ReportLinker’s research specialists’ team provided. The report we purchased was useful and provided exactly what we want.

Category Manager at
Ikea

ReportLinker gave access to reliable and useful data while avoiding dispersing resources and spending too much time on unnecessary research.

Executive Director at
PwC Advisory

The customer service was fast, responsive, and 100% professional in all my dealings (...) If we have more research needs, I'll certainly prioritize working with ReportLinker!

Scott Griffith

Vice President Marketing at
Maurice Sporting Goods

The research specialist provided prompt, helpful instructions for accessing ReportLinker's product. He also followed up to make sure everything went smoothly and to ensure an easy transition to the next stage of my research

Jessica P Huffman

Research Associate at
American Transportation Research Institute

Excellent customer service. Very responsive and fast.

Director, Corporate Strategy at
Ingredion

I reached out to ReportLinker for a detailed market study on the Air Treatment industry. The quality of the report, the research specialist’s willingness to solve my queries exceeded my expectations. I would definitely recommend ReportLinker for in-depth industry information.

Mariana Mendoza

Global Platform Senior Manager at
Whirlpool Corporation

Thanks! I like what you've provided and will certainly come back if I need to do further research works.

Bee Hin Png

CEO at
LDR Pte Ltd

The research specialist advised us on the best content for our needs and provided a great report and follow-up, thanks very much we shall look at ReportLinker in the future.

Kate Merrick

Global Marketing Manager at
Eurotherm by Schneider Electric

Purchase Reports From Reputable Market Research Publishers

Blood Glucose Meters - Medical Devices Pipeline Assessment, 2017

  • $ 4000
  • Industry report
  • April 2017
  • by GlobalData

Blood Glucose Meters - Medical Devices Pipeline Assessment, 2017 Summary GlobalData’s Medical Devices sector report, “Blood Glucose Meters - Medical Devices Pipeline Assessment, 2017" provides an overview ...

Continuous Glucose Monitoring Systems - Medical Devices Pipeline Assessment, 2017

  • $ 4000
  • Industry report
  • April 2017
  • by GlobalData

Continuous Glucose Monitoring Systems - Medical Devices Pipeline Assessment, 2017 Summary GlobalData’s Medical Devices sector report, “Continuous Glucose Monitoring Systems - Medical Devices Pipeline ...

Traditional Glucose Meters - Medical Devices Pipeline Assessment, 2017

  • $ 2500
  • Industry report
  • April 2017
  • by GlobalData

Traditional Glucose Meters - Medical Devices Pipeline Assessment, 2017 Summary GlobalData’s Medical Devices sector report, “Traditional Glucose Meters - Medical Devices Pipeline Assessment, 2017" provides ...


ref:plp2015

Reportlinker.com © Copyright 2017. All rights reserved.

ReportLinker simplifies how Analysts and Decision Makers get industry data for their business.