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Synopsis
The global Medical Equipment market size was valued at USD 592480 million in 2022 and is forecast to a readjusted size of USD 832370 million by 2029 with a CAGR of 5.0% during review period.
A medical equipment is any apparatus, appliance, software, material, or other article—whether used alone or in combination, including the software intended by its manufacturer to be used specifically for diagnostic and/or therapeutic purposes and necessary for its proper application—intended by the manufacturer to be used for human beings for the purpose of:
Diagnosis, prevention, monitoring, treatment, or alleviation of disease;
Diagnosis, monitoring, treatment, alleviation, or compensation for an injury or handicap;
Investigation, replacement, or modification of the anatomy or of a physiological process;
Control of conception; and which does not achieve its principal intended action in or on the human body by pharmacological, immunological, or metabolic means, but which may be assisted in its function by such means
The key service providers of Medical Equipment in the world are Medtronic, Johnson&Johnson, GE Healthcare, Abbott, Siemens Healthcare, Philips Health, Stryker, and Becton Dickinson, among which the top five manufacturers hold over 20% of the market share, and currently Medtronic is the largest manufacturer. The provision of global medical equipment services is mainly distributed in North America, Europe, and China, among which the top three production regions hold over 80% of the market share, with North America being the largest production region. In terms of its service types, the growth rate of cardiology is relatively fast, but the market share of in vitro diagnostics is the highest, close to 20%, followed by cardiology, diagnostic imaging, and orthopedics. In terms of its application, hospitals are the largest application field, with a market share of over 80%, followed by the consumer sector.
The Global Info Research report includes an overview of the development of the Medical Equipment industry chain, the market status of Hospital (In Vitro Diagnostics, Cardiology), Consumer (In Vitro Diagnostics, Cardiology), and key enterprises in developed and developing market, and analysed the cutting-edge technology, patent, hot applications and market trends of Medical Equipment.
Regionally, the report analyzes the Medical Equipment markets in key regions. North America and Europe are experiencing steady growth, driven by government initiatives and increasing consumer awareness. Asia-Pacific, particularly China, leads the global Medical Equipment market, with robust domestic demand, supportive policies, and a strong manufacturing base.
Key Features:
The report presents comprehensive understanding of the Medical Equipment market. It provides a holistic view of the industry, as well as detailed insights into individual components and stakeholders. The report analysis market dynamics, trends, challenges, and opportunities within the Medical Equipment industry.
The report involves analyzing the market at a macro level:
Market Sizing and Segmentation: Report collect data on the overall market size, including the revenue generated, and market share of different by Type (e.g., In Vitro Diagnostics, Cardiology).
Industry Analysis: Report analyse the broader industry trends, such as government policies and regulations, technological advancements, consumer preferences, and market dynamics. This analysis helps in understanding the key drivers and challenges influencing the Medical Equipment market.
Regional Analysis: The report involves examining the Medical Equipment market at a regional or national level. Report analyses regional factors such as government incentives, infrastructure development, economic conditions, and consumer behaviour to identify variations and opportunities within different markets.
Market Projections: Report covers the gathered data and analysis to make future projections and forecasts for the Medical Equipment market. This may include estimating market growth rates, predicting market demand, and identifying emerging trends.
The report also involves a more granular approach to Medical Equipment:
Company Analysis: Report covers individual Medical Equipment players, suppliers, and other relevant industry players. This analysis includes studying their financial performance, market positioning, product portfolios, partnerships, and strategies.
Consumer Analysis: Report covers data on consumer behaviour, preferences, and attitudes towards Medical Equipment This may involve surveys, interviews, and analysis of consumer reviews and feedback from different by Application (Hospital, Consumer).
Technology Analysis: Report covers specific technologies relevant to Medical Equipment. It assesses the current state, advancements, and potential future developments in Medical Equipment areas.
Competitive Landscape: By analyzing individual companies, suppliers, and consumers, the report present insights into the competitive landscape of the Medical Equipment market. This analysis helps understand market share, competitive advantages, and potential areas for differentiation among industry players.
Market Validation: The report involves validating findings and projections through primary research, such as surveys, interviews, and focus groups.
Market Segmentation
Medical Equipment market is split by Type and by Application. For the period 2018-2029, the growth among segments provides accurate calculations and forecasts for consumption value by Type, and by Application in terms of value.
Market segment by Type
- In Vitro Diagnostics
- Cardiology
- Diagnostic Imaging
- Orthopedics
- Others
Market segment by Application
- Hospital
- Consumer
Market segment by players, this report covers
- Medtronic
- Johnson& Johnson
- GE Healthcare
- Abbott
- Siemens Healthineers
- Philips Health
- Stryker
- Becton Dickinson
- Boston Scientific
- Danaher
- Zimmer Biomet
- Alcon
- B. Braun
- Olympus
- Terumo
- Baxter
- Smith & Nephew
- Dentsply Sirona
- Roche
- Getinge
- Edwards Lifesciences
- Mindray
- Shimadzu
- Fujifilm
- Hamilton Medical
- Draeger
- ResMed
- Vyaire Medical
Market segment by regions, regional analysis covers
- North America (United States, Canada, and Mexico)
- Europe (Germany, France, UK, Russia, Italy, and Rest of Europe)
- Asia-Pacific (China, Japan, South Korea, India, Southeast Asia, Australia and Rest of Asia-Pacific)
- South America (Brazil, Argentina and Rest of South America)
- Middle East & Africa (Turkey, Saudi Arabia, UAE, Rest of Middle East & Africa)
The content of the study subjects, includes a total of 13 chapters:
Chapter 1, to describe Medical Equipment product scope, market overview, market estimation caveats and base year.
Chapter 2, to profile the top players of Medical Equipment, with revenue, gross margin and global market share of Medical Equipment from 2018 to 2023.
Chapter 3, the Medical Equipment competitive situation, revenue and global market share of top players are analyzed emphatically by landscape contrast.
Chapter 4 and 5, to segment the market size by Type and application, with consumption value and growth rate by Type, application, from 2018 to 2029.
Chapter 6, 7, 8, 9, and 10, to break the market size data at the country level, with revenue and market share for key countries in the world, from 2018 to 2023.and Medical Equipment market forecast, by regions, type and application, with consumption value, from 2024 to 2029.
Chapter 11, market dynamics, drivers, restraints, trends, Porters Five Forces analysis, and Influence of COVID-19 and Russia-Ukraine War
Chapter 12, the key raw materials and key suppliers, and industry chain of Medical Equipment.
Chapter 13, to describe Medical Equipment research findings and conclusion.
Index
1 Market Overview
1.1 Product Overview and Scope of Medical Equipment
1.2 Market Estimation Caveats and Base Year
1.3 Classification of Medical Equipment by Type
1.3.1 Overview: Global Medical Equipment Market Size by Type: 2018 Versus 2022 Versus 2029
1.3.2 Global Medical Equipment Consumption Value Market Share by Type in 2022
1.3.3 In Vitro Diagnostics
1.3.4 Cardiology
1.3.5 Diagnostic Imaging
1.3.6 Orthopedics
1.3.7 Others
1.4 Global Medical Equipment Market by Application
1.4.1 Overview: Global Medical Equipment Market Size by Application: 2018 Versus 2022 Versus 2029
1.4.2 Hospital
1.4.3 Consumer
1.5 Global Medical Equipment Market Size & Forecast
1.6 Global Medical Equipment Market Size and Forecast by Region
1.6.1 Global Medical Equipment Market Size by Region: 2018 VS 2022 VS 2029
1.6.2 Global Medical Equipment Market Size by Region, (2018-2029)
1.6.3 North America Medical Equipment Market Size and Prospect (2018-2029)
1.6.4 Europe Medical Equipment Market Size and Prospect (2018-2029)
1.6.5 Asia-Pacific Medical Equipment Market Size and Prospect (2018-2029)
1.6.6 South America Medical Equipment Market Size and Prospect (2018-2029)
1.6.7 Middle East and Africa Medical Equipment Market Size and Prospect (2018-2029)
2 Company Profiles
2.1 Medtronic
2.1.1 Medtronic Details
2.1.2 Medtronic Major Business
2.1.3 Medtronic Medical Equipment Product and Solutions
2.1.4 Medtronic Medical Equipment Revenue, Gross Margin and Market Share (2018-2023)
2.1.5 Medtronic Recent Developments and Future Plans
2.2 Johnson& Johnson
2.2.1 Johnson& Johnson Details
2.2.2 Johnson& Johnson Major Business
2.2.3 Johnson& Johnson Medical Equipment Product and Solutions
2.2.4 Johnson& Johnson Medical Equipment Revenue, Gross Margin and Market Share (2018-2023)
2.2.5 Johnson& Johnson Recent Developments and Future Plans
2.3 GE Healthcare
2.3.1 GE Healthcare Details
2.3.2 GE Healthcare Major Business
2.3.3 GE Healthcare Medical Equipment Product and Solutions
2.3.4 GE Healthcare Medical Equipment Revenue, Gross Margin and Market Share (2018-2023)
2.3.5 GE Healthcare Recent Developments and Future Plans
2.4 Abbott
2.4.1 Abbott Details
2.4.2 Abbott Major Business
2.4.3 Abbott Medical Equipment Product and Solutions
2.4.4 Abbott Medical Equipment Revenue, Gross Margin and Market Share (2018-2023)
2.4.5 Abbott Recent Developments and Future Plans
2.5 Siemens Healthineers
2.5.1 Siemens Healthineers Details
2.5.2 Siemens Healthineers Major Business
2.5.3 Siemens Healthineers Medical Equipment Product and Solutions
2.5.4 Siemens Healthineers Medical Equipment Revenue, Gross Margin and Market Share (2018-2023)
2.5.5 Siemens Healthineers Recent Developments and Future Plans
2.6 Philips Health
2.6.1 Philips Health Details
2.6.2 Philips Health Major Business
2.6.3 Philips Health Medical Equipment Product and Solutions
2.6.4 Philips Health Medical Equipment Revenue, Gross Margin and Market Share (2018-2023)
2.6.5 Philips Health Recent Developments and Future Plans
2.7 Stryker
2.7.1 Stryker Details
2.7.2 Stryker Major Business
2.7.3 Stryker Medical Equipment Product and Solutions
2.7.4 Stryker Medical Equipment Revenue, Gross Margin and Market Share (2018-2023)
2.7.5 Stryker Recent Developments and Future Plans
2.8 Becton Dickinson
2.8.1 Becton Dickinson Details
2.8.2 Becton Dickinson Major Business
2.8.3 Becton Dickinson Medical Equipment Product and Solutions
2.8.4 Becton Dickinson Medical Equipment Revenue, Gross Margin and Market Share (2018-2023)
2.8.5 Becton Dickinson Recent Developments and Future Plans
2.9 Boston Scientific
2.9.1 Boston Scientific Details
2.9.2 Boston Scientific Major Business
2.9.3 Boston Scientific Medical Equipment Product and Solutions
2.9.4 Boston Scientific Medical Equipment Revenue, Gross Margin and Market Share (2018-2023)
2.9.5 Boston Scientific Recent Developments and Future Plans
2.10 Danaher
2.10.1 Danaher Details
2.10.2 Danaher Major Business
2.10.3 Danaher Medical Equipment Product and Solutions
2.10.4 Danaher Medical Equipment Revenue, Gross Margin and Market Share (2018-2023)
2.10.5 Danaher Recent Developments and Future Plans
2.11 Zimmer Biomet
2.11.1 Zimmer Biomet Details
2.11.2 Zimmer Biomet Major Business
2.11.3 Zimmer Biomet Medical Equipment Product and Solutions
2.11.4 Zimmer Biomet Medical Equipment Revenue, Gross Margin and Market Share (2018-2023)
2.11.5 Zimmer Biomet Recent Developments and Future Plans
2.12 Alcon
2.12.1 Alcon Details
2.12.2 Alcon Major Business
2.12.3 Alcon Medical Equipment Product and Solutions
2.12.4 Alcon Medical Equipment Revenue, Gross Margin and Market Share (2018-2023)
2.12.5 Alcon Recent Developments and Future Plans
2.13 B. Braun
2.13.1 B. Braun Details
2.13.2 B. Braun Major Business
2.13.3 B. Braun Medical Equipment Product and Solutions
2.13.4 B. Braun Medical Equipment Revenue, Gross Margin and Market Share (2018-2023)
2.13.5 B. Braun Recent Developments and Future Plans
2.14 Olympus
2.14.1 Olympus Details
2.14.2 Olympus Major Business
2.14.3 Olympus Medical Equipment Product and Solutions
2.14.4 Olympus Medical Equipment Revenue, Gross Margin and Market Share (2018-2023)
2.14.5 Olympus Recent Developments and Future Plans
2.15 Terumo
2.15.1 Terumo Details
2.15.2 Terumo Major Business
2.15.3 Terumo Medical Equipment Product and Solutions
2.15.4 Terumo Medical Equipment Revenue, Gross Margin and Market Share (2018-2023)
2.15.5 Terumo Recent Developments and Future Plans
2.16 Baxter
2.16.1 Baxter Details
2.16.2 Baxter Major Business
2.16.3 Baxter Medical Equipment Product and Solutions
2.16.4 Baxter Medical Equipment Revenue, Gross Margin and Market Share (2018-2023)
2.16.5 Baxter Recent Developments and Future Plans
2.17 Smith & Nephew
2.17.1 Smith & Nephew Details
2.17.2 Smith & Nephew Major Business
2.17.3 Smith & Nephew Medical Equipment Product and Solutions
2.17.4 Smith & Nephew Medical Equipment Revenue, Gross Margin and Market Share (2018-2023)
2.17.5 Smith & Nephew Recent Developments and Future Plans
2.18 Dentsply Sirona
2.18.1 Dentsply Sirona Details
2.18.2 Dentsply Sirona Major Business
2.18.3 Dentsply Sirona Medical Equipment Product and Solutions
2.18.4 Dentsply Sirona Medical Equipment Revenue, Gross Margin and Market Share (2018-2023)
2.18.5 Dentsply Sirona Recent Developments and Future Plans
2.19 Roche
2.19.1 Roche Details
2.19.2 Roche Major Business
2.19.3 Roche Medical Equipment Product and Solutions
2.19.4 Roche Medical Equipment Revenue, Gross Margin and Market Share (2018-2023)
2.19.5 Roche Recent Developments and Future Plans
2.20 Getinge
2.20.1 Getinge Details
2.20.2 Getinge Major Business
2.20.3 Getinge Medical Equipment Product and Solutions
2.20.4 Getinge Medical Equipment Revenue, Gross Margin and Market Share (2018-2023)
2.20.5 Getinge Recent Developments and Future Plans
2.21 Edwards Lifesciences
2.21.1 Edwards Lifesciences Details
2.21.2 Edwards Lifesciences Major Business
2.21.3 Edwards Lifesciences Medical Equipment Product and Solutions
2.21.4 Edwards Lifesciences Medical Equipment Revenue, Gross Margin and Market Share (2018-2023)
2.21.5 Edwards Lifesciences Recent Developments and Future Plans
2.22 Mindray
2.22.1 Mindray Details
2.22.2 Mindray Major Business
2.22.3 Mindray Medical Equipment Product and Solutions
2.22.4 Mindray Medical Equipment Revenue, Gross Margin and Market Share (2018-2023)
2.22.5 Mindray Recent Developments and Future Plans
2.23 Shimadzu
2.23.1 Shimadzu Details
2.23.2 Shimadzu Major Business
2.23.3 Shimadzu Medical Equipment Product and Solutions
2.23.4 Shimadzu Medical Equipment Revenue, Gross Margin and Market Share (2018-2023)
2.23.5 Shimadzu Recent Developments and Future Plans
2.24 Fujifilm
2.24.1 Fujifilm Details
2.24.2 Fujifilm Major Business
2.24.3 Fujifilm Medical Equipment Product and Solutions
2.24.4 Fujifilm Medical Equipment Revenue, Gross Margin and Market Share (2018-2023)
2.24.5 Fujifilm Recent Developments and Future Plans
2.25 Hamilton Medical
2.25.1 Hamilton Medical Details
2.25.2 Hamilton Medical Major Business
2.25.3 Hamilton Medical Medical Equipment Product and Solutions
2.25.4 Hamilton Medical Medical Equipment Revenue, Gross Margin and Market Share (2018-2023)
2.25.5 Hamilton Medical Recent Developments and Future Plans
2.26 Draeger
2.26.1 Draeger Details
2.26.2 Draeger Major Business
2.26.3 Draeger Medical Equipment Product and Solutions
2.26.4 Draeger Medical Equipment Revenue, Gross Margin and Market Share (2018-2023)
2.26.5 Draeger Recent Developments and Future Plans
2.27 ResMed
2.27.1 ResMed Details
2.27.2 ResMed Major Business
2.27.3 ResMed Medical Equipment Product and Solutions
2.27.4 ResMed Medical Equipment Revenue, Gross Margin and Market Share (2018-2023)
2.27.5 ResMed Recent Developments and Future Plans
2.28 Vyaire Medical
2.28.1 Vyaire Medical Details
2.28.2 Vyaire Medical Major Business
2.28.3 Vyaire Medical Medical Equipment Product and Solutions
2.28.4 Vyaire Medical Medical Equipment Revenue, Gross Margin and Market Share (2018-2023)
2.28.5 Vyaire Medical Recent Developments and Future Plans
3 Market Competition, by Players
3.1 Global Medical Equipment Revenue and Share by Players (2018-2023)
3.2 Market Share Analysis (2022)
3.2.1 Market Share of Medical Equipment by Company Revenue
3.2.2 Top 3 Medical Equipment Players Market Share in 2022
3.2.3 Top 6 Medical Equipment Players Market Share in 2022
3.3 Medical Equipment Market: Overall Company Footprint Analysis
3.3.1 Medical Equipment Market: Region Footprint
3.3.2 Medical Equipment Market: Company Product Type Footprint
3.3.3 Medical Equipment Market: Company Product Application Footprint
3.4 New Market Entrants and Barriers to Market Entry
3.5 Mergers, Acquisition, Agreements, and Collaborations
4 Market Size Segment by Type
4.1 Global Medical Equipment Consumption Value and Market Share by Type (2018-2023)
4.2 Global Medical Equipment Market Forecast by Type (2024-2029)
5 Market Size Segment by Application
5.1 Global Medical Equipment Consumption Value Market Share by Application (2018-2023)
5.2 Global Medical Equipment Market Forecast by Application (2024-2029)
6 North America
6.1 North America Medical Equipment Consumption Value by Type (2018-2029)
6.2 North America Medical Equipment Consumption Value by Application (2018-2029)
6.3 North America Medical Equipment Market Size by Country
6.3.1 North America Medical Equipment Consumption Value by Country (2018-2029)
6.3.2 United States Medical Equipment Market Size and Forecast (2018-2029)
6.3.3 Canada Medical Equipment Market Size and Forecast (2018-2029)
6.3.4 Mexico Medical Equipment Market Size and Forecast (2018-2029)
7 Europe
7.1 Europe Medical Equipment Consumption Value by Type (2018-2029)
7.2 Europe Medical Equipment Consumption Value by Application (2018-2029)
7.3 Europe Medical Equipment Market Size by Country
7.3.1 Europe Medical Equipment Consumption Value by Country (2018-2029)
7.3.2 Germany Medical Equipment Market Size and Forecast (2018-2029)
7.3.3 France Medical Equipment Market Size and Forecast (2018-2029)
7.3.4 United Kingdom Medical Equipment Market Size and Forecast (2018-2029)
7.3.5 Russia Medical Equipment Market Size and Forecast (2018-2029)
7.3.6 Italy Medical Equipment Market Size and Forecast (2018-2029)
8 Asia-Pacific
8.1 Asia-Pacific Medical Equipment Consumption Value by Type (2018-2029)
8.2 Asia-Pacific Medical Equipment Consumption Value by Application (2018-2029)
8.3 Asia-Pacific Medical Equipment Market Size by Region
8.3.1 Asia-Pacific Medical Equipment Consumption Value by Region (2018-2029)
8.3.2 China Medical Equipment Market Size and Forecast (2018-2029)
8.3.3 Japan Medical Equipment Market Size and Forecast (2018-2029)
8.3.4 South Korea Medical Equipment Market Size and Forecast (2018-2029)
8.3.5 India Medical Equipment Market Size and Forecast (2018-2029)
8.3.6 Southeast Asia Medical Equipment Market Size and Forecast (2018-2029)
8.3.7 Australia Medical Equipment Market Size and Forecast (2018-2029)
9 South America
9.1 South America Medical Equipment Consumption Value by Type (2018-2029)
9.2 South America Medical Equipment Consumption Value by Application (2018-2029)
9.3 South America Medical Equipment Market Size by Country
9.3.1 South America Medical Equipment Consumption Value by Country (2018-2029)
9.3.2 Brazil Medical Equipment Market Size and Forecast (2018-2029)
9.3.3 Argentina Medical Equipment Market Size and Forecast (2018-2029)
10 Middle East & Africa
10.1 Middle East & Africa Medical Equipment Consumption Value by Type (2018-2029)
10.2 Middle East & Africa Medical Equipment Consumption Value by Application (2018-2029)
10.3 Middle East & Africa Medical Equipment Market Size by Country
10.3.1 Middle East & Africa Medical Equipment Consumption Value by Country (2018-2029)
10.3.2 Turkey Medical Equipment Market Size and Forecast (2018-2029)
10.3.3 Saudi Arabia Medical Equipment Market Size and Forecast (2018-2029)
10.3.4 UAE Medical Equipment Market Size and Forecast (2018-2029)
11 Market Dynamics
11.1 Medical Equipment Market Drivers
11.2 Medical Equipment Market Restraints
11.3 Medical Equipment Trends Analysis
11.4 Porters Five Forces Analysis
11.4.1 Threat of New Entrants
11.4.2 Bargaining Power of Suppliers
11.4.3 Bargaining Power of Buyers
11.4.4 Threat of Substitutes
11.4.5 Competitive Rivalry
11.5 Influence of COVID-19 and Russia-Ukraine War
11.5.1 Influence of COVID-19
11.5.2 Influence of Russia-Ukraine War
12 Industry Chain Analysis
12.1 Medical Equipment Industry Chain
12.2 Medical Equipment Upstream Analysis
12.3 Medical Equipment Midstream Analysis
12.4 Medical Equipment Downstream Analysis
13 Research Findings and Conclusion
14 Appendix
14.1 Methodology
14.2 Research Process and Data Source
14.3 Disclaimer
Published By : GlobalInfoResearch
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