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Synopsis
Technologies which aid the medical devices to perform the diagnosis, monitor, and treatment of medical conditions are called medical device technologies. Technology plays an important role in each and every industry as well as in the personal aspects of lives. Advancements in medical device technology have allowed physicians to better diagnose and treat their patients, saving countless lives and continuous improvement in the quality of life.
The global Medical Device Technologies market was valued at US$ 312950 million in 2023 and is anticipated to reach US$ 438560 million by 2030, witnessing a CAGR of 4.5% during the forecast period 2024-2030.
According to our research, the global market for medical devices is estimated at US$ 603 billion in the year 2023, and will be growing at a CAGR of 5% during next six years. The global healthcare spending contributes to occupy 10% of the global GDP and is continuously rising in recent years due to the increasing health needs of the aging population, the growing prevalence of chronic and infectious diseases and the expansion of emerging markets. The medical devices market plays a significant role in the healthcare industry. The market is driven by several factors, including the increasing demand for advanced healthcare services globally, advancements in medical technology, growing geriatric population, rising healthcare expenditure, and increasing awareness about early disease diagnosis and treatment.
This report aims to provide a comprehensive presentation of the global market for Medical Device Technologies, with both quantitative and qualitative analysis, to help readers develop business/growth strategies, assess the market competitive situation, analyze their position in the current marketplace, and make informed business decisions regarding Medical Device Technologies.
Report Scope
The Medical Device Technologies market size, estimations, and forecasts are provided in terms of revenue ($ millions), considering 2023 as the base year, with history and forecast data for the period from 2019 to 2030. This report segments the global Medical Device Technologies market comprehensively. Regional market sizes, concerning products by Type, by Application, and by players, are also provided.
For a more in-depth understanding of the market, the report provides profiles of the competitive landscape, key competitors, and their respective market ranks. The report also discusses technological trends and new product developments.
The report will help the Medical Device Technologies companies, new entrants, and industry chain related companies in this market with information on the revenues, sales volume, and average price for the overall market and the sub-segments across the different segments, by company, by Type, by Application, and by regions.
Market Segmentation
By Company
- Abbott Laboratories
- BD
- GE Healthcare
- Biomerica
- BioMerieux
- Novartis
- Johnson & Johnson
- Olympus
- Qiagen
- Siemens
- Thermo Fischer Scientific
- Zenith Healthcare
Segment by Type
- Software Solutions
- Imaging
- Biological Derived Devices
- Diagnostic Equipment
- Other
Segment by Application
- Hospitals
- Clinics
- Other
By Region
- North America (United States, Canada)
- Europe (Germany, France, U.K., Italy, Netherlands)
- Asia-Pacific (China, Japan, South Korea, China Taiwan, Southeast Asia, India)
- Latin America, Middle East & Africa (Latin America, Mexico, Brazil, Turkey)
Chapter Outline
Chapter 1: Introduces the report scope of the report, executive summary of different market segments (by Type, by Application, etc), including the market size of each market segment, future development potential, and so on. It offers a high-level view of the current state of the market and its likely evolution in the short to mid-term, and long term.
Chapter 2: Introduces executive summary of global market size, regional market size, this section also introduces the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by companies in the industry, and the analysis of relevant policies in the industry.
Chapter 3: Detailed analysis of Medical Device Technologies companies’ competitive landscape, revenue market share, latest development plan, merger, and acquisition information, etc.
Chapter 4: Provides the analysis of various market segments by Type, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different market segments.
Chapter 5: Provides the analysis of various market segments by Application, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.
Chapter 6, 7, 8, 9, 10: North America, Europe, Asia Pacific, Latin America, Middle East and Africa segment by country. It provides a quantitative analysis of the market size and development potential of each region and its main countries and introduces the market development, future development prospects, market space, and capacity of each country in the world.
Chapter 11: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product sales, revenue, price, gross margin, product introduction, recent development, etc.
Chapter 12: The main points and conclusions of the report.
Index
1 Report Overview
1.1 Study Scope
1.2 Market Analysis by Type
1.2.1 Global Medical Device Technologies Market Size Growth Rate by Type: 2019 VS 2023 VS 2030
1.2.2 Software Solutions
1.2.3 Imaging
1.2.4 Biological Derived Devices
1.2.5 Diagnostic Equipment
1.2.6 Other
1.3 Market by Application
1.3.1 Global Medical Device Technologies Market Growth by Application: 2019 VS 2023 VS 2030
1.3.2 Hospitals
1.3.3 Clinics
1.3.4 Other
1.4 Study Objectives
1.5 Years Considered
1.6 Years Considered
2 Global Growth Trends
2.1 Global Medical Device Technologies Market Perspective (2019-2030)
2.2 Medical Device Technologies Growth Trends by Region
2.2.1 Global Medical Device Technologies Market Size by Region: 2019 VS 2023 VS 2030
2.2.2 Medical Device Technologies Historic Market Size by Region (2019-2024)
2.2.3 Medical Device Technologies Forecasted Market Size by Region (2025-2030)
2.3 Medical Device Technologies Market Dynamics
2.3.1 Medical Device Technologies Industry Trends
2.3.2 Medical Device Technologies Market Drivers
2.3.3 Medical Device Technologies Market Challenges
2.3.4 Medical Device Technologies Market Restraints
3 Competition Landscape by Key Players
3.1 Global Top Medical Device Technologies Players by Revenue
3.1.1 Global Top Medical Device Technologies Players by Revenue (2019-2024)
3.1.2 Global Medical Device Technologies Revenue Market Share by Players (2019-2024)
3.2 Global Medical Device Technologies Market Share by Company Type (Tier 1, Tier 2, and Tier 3)
3.3 Players Covered: Ranking by Medical Device Technologies Revenue
3.4 Global Medical Device Technologies Market Concentration Ratio
3.4.1 Global Medical Device Technologies Market Concentration Ratio (CR5 and HHI)
3.4.2 Global Top 10 and Top 5 Companies by Medical Device Technologies Revenue in 2023
3.5 Medical Device Technologies Key Players Head office and Area Served
3.6 Key Players Medical Device Technologies Product Solution and Service
3.7 Date of Enter into Medical Device Technologies Market
3.8 Mergers & Acquisitions, Expansion Plans
4 Medical Device Technologies Breakdown Data by Type
4.1 Global Medical Device Technologies Historic Market Size by Type (2019-2024)
4.2 Global Medical Device Technologies Forecasted Market Size by Type (2025-2030)
5 Medical Device Technologies Breakdown Data by Application
5.1 Global Medical Device Technologies Historic Market Size by Application (2019-2024)
5.2 Global Medical Device Technologies Forecasted Market Size by Application (2025-2030)
6 North America
6.1 North America Medical Device Technologies Market Size (2019-2030)
6.2 North America Medical Device Technologies Market Growth Rate by Country: 2019 VS 2023 VS 2030
6.3 North America Medical Device Technologies Market Size by Country (2019-2024)
6.4 North America Medical Device Technologies Market Size by Country (2025-2030)
6.5 United States
6.6 Canada
7 Europe
7.1 Europe Medical Device Technologies Market Size (2019-2030)
7.2 Europe Medical Device Technologies Market Growth Rate by Country: 2019 VS 2023 VS 2030
7.3 Europe Medical Device Technologies Market Size by Country (2019-2024)
7.4 Europe Medical Device Technologies Market Size by Country (2025-2030)
7.5 Germany
7.6 France
7.7 U.K.
7.8 Italy
7.9 Russia
7.10 Nordic Countries
8 Asia-Pacific
8.1 Asia-Pacific Medical Device Technologies Market Size (2019-2030)
8.2 Asia-Pacific Medical Device Technologies Market Growth Rate by Region: 2019 VS 2023 VS 2030
8.3 Asia-Pacific Medical Device Technologies Market Size by Region (2019-2024)
8.4 Asia-Pacific Medical Device Technologies Market Size by Region (2025-2030)
8.5 China
8.6 Japan
8.7 South Korea
8.8 Southeast Asia
8.9 India
8.10 Australia
9 Latin America
9.1 Latin America Medical Device Technologies Market Size (2019-2030)
9.2 Latin America Medical Device Technologies Market Growth Rate by Country: 2019 VS 2023 VS 2030
9.3 Latin America Medical Device Technologies Market Size by Country (2019-2024)
9.4 Latin America Medical Device Technologies Market Size by Country (2025-2030)
9.5 Mexico
9.6 Brazil
10 Middle East & Africa
10.1 Middle East & Africa Medical Device Technologies Market Size (2019-2030)
10.2 Middle East & Africa Medical Device Technologies Market Growth Rate by Country: 2019 VS 2023 VS 2030
10.3 Middle East & Africa Medical Device Technologies Market Size by Country (2019-2024)
10.4 Middle East & Africa Medical Device Technologies Market Size by Country (2025-2030)
10.5 Turkey
10.6 Saudi Arabia
10.7 UAE
11 Key Players Profiles
11.1 Abbott Laboratories
11.1.1 Abbott Laboratories Company Detail
11.1.2 Abbott Laboratories Business Overview
11.1.3 Abbott Laboratories Medical Device Technologies Introduction
11.1.4 Abbott Laboratories Revenue in Medical Device Technologies Business (2019-2024)
11.1.5 Abbott Laboratories Recent Development
11.2 BD
11.2.1 BD Company Detail
11.2.2 BD Business Overview
11.2.3 BD Medical Device Technologies Introduction
11.2.4 BD Revenue in Medical Device Technologies Business (2019-2024)
11.2.5 BD Recent Development
11.3 GE Healthcare
11.3.1 GE Healthcare Company Detail
11.3.2 GE Healthcare Business Overview
11.3.3 GE Healthcare Medical Device Technologies Introduction
11.3.4 GE Healthcare Revenue in Medical Device Technologies Business (2019-2024)
11.3.5 GE Healthcare Recent Development
11.4 Biomerica
11.4.1 Biomerica Company Detail
11.4.2 Biomerica Business Overview
11.4.3 Biomerica Medical Device Technologies Introduction
11.4.4 Biomerica Revenue in Medical Device Technologies Business (2019-2024)
11.4.5 Biomerica Recent Development
11.5 BioMerieux
11.5.1 BioMerieux Company Detail
11.5.2 BioMerieux Business Overview
11.5.3 BioMerieux Medical Device Technologies Introduction
11.5.4 BioMerieux Revenue in Medical Device Technologies Business (2019-2024)
11.5.5 BioMerieux Recent Development
11.6 Novartis
11.6.1 Novartis Company Detail
11.6.2 Novartis Business Overview
11.6.3 Novartis Medical Device Technologies Introduction
11.6.4 Novartis Revenue in Medical Device Technologies Business (2019-2024)
11.6.5 Novartis Recent Development
11.7 Johnson & Johnson
11.7.1 Johnson & Johnson Company Detail
11.7.2 Johnson & Johnson Business Overview
11.7.3 Johnson & Johnson Medical Device Technologies Introduction
11.7.4 Johnson & Johnson Revenue in Medical Device Technologies Business (2019-2024)
11.7.5 Johnson & Johnson Recent Development
11.8 Olympus
11.8.1 Olympus Company Detail
11.8.2 Olympus Business Overview
11.8.3 Olympus Medical Device Technologies Introduction
11.8.4 Olympus Revenue in Medical Device Technologies Business (2019-2024)
11.8.5 Olympus Recent Development
11.9 Qiagen
11.9.1 Qiagen Company Detail
11.9.2 Qiagen Business Overview
11.9.3 Qiagen Medical Device Technologies Introduction
11.9.4 Qiagen Revenue in Medical Device Technologies Business (2019-2024)
11.9.5 Qiagen Recent Development
11.10 Siemens
11.10.1 Siemens Company Detail
11.10.2 Siemens Business Overview
11.10.3 Siemens Medical Device Technologies Introduction
11.10.4 Siemens Revenue in Medical Device Technologies Business (2019-2024)
11.10.5 Siemens Recent Development
11.11 Thermo Fischer Scientific
11.11.1 Thermo Fischer Scientific Company Detail
11.11.2 Thermo Fischer Scientific Business Overview
11.11.3 Thermo Fischer Scientific Medical Device Technologies Introduction
11.11.4 Thermo Fischer Scientific Revenue in Medical Device Technologies Business (2019-2024)
11.11.5 Thermo Fischer Scientific Recent Development
11.12 Zenith Healthcare
11.12.1 Zenith Healthcare Company Detail
11.12.2 Zenith Healthcare Business Overview
11.12.3 Zenith Healthcare Medical Device Technologies Introduction
11.12.4 Zenith Healthcare Revenue in Medical Device Technologies Business (2019-2024)
11.12.5 Zenith Healthcare Recent Development
12 Analyst's Viewpoints/Conclusions
13 Appendix
13.1 Research Methodology
13.1.1 Methodology/Research Approach
13.1.2 Data Source
13.2 Disclaimer
13.3 Author Details
Published By : QY Research
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