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Medical Device Technologies-Global Market Insights and Sales Trends 2025
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 size is expected to reach US$ 438560 million by 2029, growing at a CAGR of 4.5% from 2023 to 2029. The market is mainly driven by the significant applications of Medical Device Technologies in various end use industries. The expanding demands from the Hospitals, Clinics and Other, are propelling Medical Device Technologies market. Software Solutions, one of the segments analysed in this report, is projected to record % CAGR and reach US$ million by the end of the analysis period. Growth in the Imaging segment is estimated at % CAGR for the next seven-year period.
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.
Report Objectives
This report provides market insight on the different segments, by players, by Type, by Application. Market size and forecast (2018-2029) has been provided in the report. The primary objectives of this report are to provide 1) global market size and forecasts, growth rates, market dynamics, industry structure and developments, market situation, trends; 2) global market share and ranking by company; 3) comprehensive presentation of the global market for Medical Device Technologies, with both quantitative and qualitative analysis through detailed segmentation; 4) detailed value chain analysis and review of growth factors essential for the existing market players and new entrants; 5) emerging opportunities in the market and the future impact of major drivers and restraints of the market.
Key Features of The Study:
This report provides in-depth analysis of the global Medical Device Technologies market, and provides market size (US$ million) and CAGR for the forecast period (2023-2029), considering 2022 as the base year.
This report profiles key players in the global Medical Device Technologies market based on the following parameters - company details (found date, headquarters, manufacturing bases), products portfolio, Medical Device Technologies sales data, market share and ranking.
This report elucidates potential market opportunities across different segments and explains attractive investment proposition matrices for this market.
This report illustrates key insights about market drivers, restraints, opportunities, market trends, regional outlook.
Key companies of Medical Device Technologies covered in this report include Abbott Laboratories, BD, GE Healthcare, Biomerica, BioMerieux, Novartis, Johnson & Johnson, Olympus and Qiagen, etc.
The global Medical Device Technologies market report caters to various stakeholders in this industry including investors, suppliers, product players, distributors, new entrants, and financial analysts.
Market Segmentation
Company Profiles:
Abbott Laboratories
BD
GE Healthcare
Biomerica
BioMerieux
Novartis
Johnson & Johnson
Olympus
Qiagen
Siemens
Thermo Fischer Scientific
Zenith Healthcare
Global Medical Device Technologies market, by region:
North America (U.S., Canada, Mexico)
Europe (Germany, France, UK, Italy, etc.)
Asia Pacific (China, Japan, South Korea, Southeast Asia, India, etc.)
South America (Brazil, etc.)
Middle East and Africa (Turkey, GCC Countries, Africa, etc.)
Global Medical Device Technologies market, Segment by Type:
Software Solutions
Imaging
Biological Derived Devices
Diagnostic Equipment
Other
Global Medical Device Technologies market, by Application
Hospitals
Clinics
Other
Core Chapters
Chapter One: Introduces the report scope of the report, executive summary of global and regional market size and CAGR for the history and forecast period (2018-2023, 2024-2029). 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 Two: 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 Three: 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 Four: Detailed analysis of Medical Device Technologies companies’ competitive landscape, revenue, market share and ranking, latest development plan, merger, and acquisition information, etc.
Chapter Five: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product introduction, revenue, recent development, etc.
Chapter Six, Seven, Eight, Nine and Ten: North America, Europe, Asia Pacific, Latin America, Middle East & Africa, revenue by country.
Chapter Eleven: 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 Twelve: Research Finding/Conclusion
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 size is expected to reach US$ 438560 million by 2029, growing at a CAGR of 4.5% from 2023 to 2029. The market is mainly driven by the significant applications of Medical Device Technologies in various end use industries. The expanding demands from the Hospitals, Clinics and Other, are propelling Medical Device Technologies market. Software Solutions, one of the segments analysed in this report, is projected to record % CAGR and reach US$ million by the end of the analysis period. Growth in the Imaging segment is estimated at % CAGR for the next seven-year period.
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.
Report Objectives
This report provides market insight on the different segments, by players, by Type, by Application. Market size and forecast (2018-2029) has been provided in the report. The primary objectives of this report are to provide 1) global market size and forecasts, growth rates, market dynamics, industry structure and developments, market situation, trends; 2) global market share and ranking by company; 3) comprehensive presentation of the global market for Medical Device Technologies, with both quantitative and qualitative analysis through detailed segmentation; 4) detailed value chain analysis and review of growth factors essential for the existing market players and new entrants; 5) emerging opportunities in the market and the future impact of major drivers and restraints of the market.
Key Features of The Study:
This report provides in-depth analysis of the global Medical Device Technologies market, and provides market size (US$ million) and CAGR for the forecast period (2023-2029), considering 2022 as the base year.
This report profiles key players in the global Medical Device Technologies market based on the following parameters - company details (found date, headquarters, manufacturing bases), products portfolio, Medical Device Technologies sales data, market share and ranking.
This report elucidates potential market opportunities across different segments and explains attractive investment proposition matrices for this market.
This report illustrates key insights about market drivers, restraints, opportunities, market trends, regional outlook.
Key companies of Medical Device Technologies covered in this report include Abbott Laboratories, BD, GE Healthcare, Biomerica, BioMerieux, Novartis, Johnson & Johnson, Olympus and Qiagen, etc.
The global Medical Device Technologies market report caters to various stakeholders in this industry including investors, suppliers, product players, distributors, new entrants, and financial analysts.
Market Segmentation
Company Profiles:
Abbott Laboratories
BD
GE Healthcare
Biomerica
BioMerieux
Novartis
Johnson & Johnson
Olympus
Qiagen
Siemens
Thermo Fischer Scientific
Zenith Healthcare
Global Medical Device Technologies market, by region:
North America (U.S., Canada, Mexico)
Europe (Germany, France, UK, Italy, etc.)
Asia Pacific (China, Japan, South Korea, Southeast Asia, India, etc.)
South America (Brazil, etc.)
Middle East and Africa (Turkey, GCC Countries, Africa, etc.)
Global Medical Device Technologies market, Segment by Type:
Software Solutions
Imaging
Biological Derived Devices
Diagnostic Equipment
Other
Global Medical Device Technologies market, by Application
Hospitals
Clinics
Other
Core Chapters
Chapter One: Introduces the report scope of the report, executive summary of global and regional market size and CAGR for the history and forecast period (2018-2023, 2024-2029). 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 Two: 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 Three: 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 Four: Detailed analysis of Medical Device Technologies companies’ competitive landscape, revenue, market share and ranking, latest development plan, merger, and acquisition information, etc.
Chapter Five: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product introduction, revenue, recent development, etc.
Chapter Six, Seven, Eight, Nine and Ten: North America, Europe, Asia Pacific, Latin America, Middle East & Africa, revenue by country.
Chapter Eleven: 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 Twelve: Research Finding/Conclusion
Index1 Market Overview of Medical Device Technologies
1.1 Medical Device Technologies Market Overview
1.1.1 Medical Device Technologies Product Scope
1.1.2 Medical Device Technologies Market Status and Outlook
1.2 Global Medical Device Technologies Market Size Overview by Region 2018 VS 2022 VS 2029
1.3 Global Medical Device Technologies Market Size by Region (2018-2029)
1.4 Global Medical Device Technologies Historic Market Size by Region (2018-2023)
1.5 Global Medical Device Technologies Market Size Forecast by Region (2024-2029)
1.6 Key Regions, Medical Device Technologies Market Size (2018-2029)
1.6.1 North America Medical Device Technologies Market Size (2018-2029)
1.6.2 Europe Medical Device Technologies Market Size (2018-2029)
1.6.3 Asia-Pacific Medical Device Technologies Market Size (2018-2029)
1.6.4 Latin America Medical Device Technologies Market Size (2018-2029)
1.6.5 Middle East & Africa Medical Device Technologies Market Size (2018-2029)
2 Medical Device Technologies Market by Type
2.1 Introduction
2.1.1 Software Solutions
2.1.2 Imaging
2.1.3 Biological Derived Devices
2.1.4 Diagnostic Equipment
2.1.5 Other
2.2 Global Medical Device Technologies Market Size by Type: 2018 VS 2022 VS 2029
2.2.1 Global Medical Device Technologies Historic Market Size by Type (2018-2023)
2.2.2 Global Medical Device Technologies Forecasted Market Size by Type (2024-2029)
2.3 Key Regions Market Size by Type
2.3.1 North America Medical Device Technologies Revenue Breakdown by Type (2018-2029)
2.3.2 Europe Medical Device Technologies Revenue Breakdown by Type (2018-2029)
2.3.3 Asia-Pacific Medical Device Technologies Revenue Breakdown by Type (2018-2029)
2.3.4 Latin America Medical Device Technologies Revenue Breakdown by Type (2018-2029)
2.3.5 Middle East and Africa Medical Device Technologies Revenue Breakdown by Type (2018-2029)
3 Medical Device Technologies Market Overview by Application
3.1 Introduction
3.1.1 Hospitals
3.1.2 Clinics
3.1.3 Other
3.2 Global Medical Device Technologies Market Size by Application: 2018 VS 2022 VS 2029
3.2.1 Global Medical Device Technologies Historic Market Size by Application (2018-2023)
3.2.2 Global Medical Device Technologies Forecasted Market Size by Application (2024-2029)
3.3 Key Regions Market Size by Application
3.3.1 North America Medical Device Technologies Revenue Breakdown by Application (2018-2029)
3.3.2 Europe Medical Device Technologies Revenue Breakdown by Application (2018-2029)
3.3.3 Asia-Pacific Medical Device Technologies Revenue Breakdown by Application (2018-2029)
3.3.4 Latin America Medical Device Technologies Revenue Breakdown by Application (2018-2029)
3.3.5 Middle East and Africa Medical Device Technologies Revenue Breakdown by Application (2018-2029)
4 Medical Device Technologies Competition Analysis by Players
4.1 Global Medical Device Technologies Market Size by Players (2018-2023)
4.2 Global Top Players by Company Type (Tier 1, Tier 2 and Tier 3) & (based on the Revenue in Medical Device Technologies as of 2022)
4.3 Date of Key Players Enter into Medical Device Technologies Market
4.4 Global Top Players Medical Device Technologies Headquarters and Area Served
4.5 Key Players Medical Device Technologies Product Solution and Service
4.6 Competitive Status
4.6.1 Medical Device Technologies Market Concentration Rate
4.6.2 Mergers & Acquisitions, Expansion Plans
5 Company (Top Players) Profiles
5.1 Abbott Laboratories
5.1.1 Abbott Laboratories Profile
5.1.2 Abbott Laboratories Main Business
5.1.3 Abbott Laboratories Medical Device Technologies Products, Services and Solutions
5.1.4 Abbott Laboratories Medical Device Technologies Revenue (US$ Million) & (2018-2023)
5.1.5 Abbott Laboratories Recent Developments
5.2 BD
5.2.1 BD Profile
5.2.2 BD Main Business
5.2.3 BD Medical Device Technologies Products, Services and Solutions
5.2.4 BD Medical Device Technologies Revenue (US$ Million) & (2018-2023)
5.2.5 BD Recent Developments
5.3 GE Healthcare
5.3.1 GE Healthcare Profile
5.3.2 GE Healthcare Main Business
5.3.3 GE Healthcare Medical Device Technologies Products, Services and Solutions
5.3.4 GE Healthcare Medical Device Technologies Revenue (US$ Million) & (2018-2023)
5.3.5 Biomerica Recent Developments
5.4 Biomerica
5.4.1 Biomerica Profile
5.4.2 Biomerica Main Business
5.4.3 Biomerica Medical Device Technologies Products, Services and Solutions
5.4.4 Biomerica Medical Device Technologies Revenue (US$ Million) & (2018-2023)
5.4.5 Biomerica Recent Developments
5.5 BioMerieux
5.5.1 BioMerieux Profile
5.5.2 BioMerieux Main Business
5.5.3 BioMerieux Medical Device Technologies Products, Services and Solutions
5.5.4 BioMerieux Medical Device Technologies Revenue (US$ Million) & (2018-2023)
5.5.5 BioMerieux Recent Developments
5.6 Novartis
5.6.1 Novartis Profile
5.6.2 Novartis Main Business
5.6.3 Novartis Medical Device Technologies Products, Services and Solutions
5.6.4 Novartis Medical Device Technologies Revenue (US$ Million) & (2018-2023)
5.6.5 Novartis Recent Developments
5.7 Johnson & Johnson
5.7.1 Johnson & Johnson Profile
5.7.2 Johnson & Johnson Main Business
5.7.3 Johnson & Johnson Medical Device Technologies Products, Services and Solutions
5.7.4 Johnson & Johnson Medical Device Technologies Revenue (US$ Million) & (2018-2023)
5.7.5 Johnson & Johnson Recent Developments
5.8 Olympus
5.8.1 Olympus Profile
5.8.2 Olympus Main Business
5.8.3 Olympus Medical Device Technologies Products, Services and Solutions
5.8.4 Olympus Medical Device Technologies Revenue (US$ Million) & (2018-2023)
5.8.5 Olympus Recent Developments
5.9 Qiagen
5.9.1 Qiagen Profile
5.9.2 Qiagen Main Business
5.9.3 Qiagen Medical Device Technologies Products, Services and Solutions
5.9.4 Qiagen Medical Device Technologies Revenue (US$ Million) & (2018-2023)
5.9.5 Qiagen Recent Developments
5.10 Siemens
5.10.1 Siemens Profile
5.10.2 Siemens Main Business
5.10.3 Siemens Medical Device Technologies Products, Services and Solutions
5.10.4 Siemens Medical Device Technologies Revenue (US$ Million) & (2018-2023)
5.10.5 Siemens Recent Developments
5.11 Thermo Fischer Scientific
5.11.1 Thermo Fischer Scientific Profile
5.11.2 Thermo Fischer Scientific Main Business
5.11.3 Thermo Fischer Scientific Medical Device Technologies Products, Services and Solutions
5.11.4 Thermo Fischer Scientific Medical Device Technologies Revenue (US$ Million) & (2018-2023)
5.11.5 Thermo Fischer Scientific Recent Developments
5.12 Zenith Healthcare
5.12.1 Zenith Healthcare Profile
5.12.2 Zenith Healthcare Main Business
5.12.3 Zenith Healthcare Medical Device Technologies Products, Services and Solutions
5.12.4 Zenith Healthcare Medical Device Technologies Revenue (US$ Million) & (2018-2023)
5.12.5 Zenith Healthcare Recent Developments
6 North America
6.1 North America Medical Device Technologies Market Size by Country (2018-2029)
6.2 U.S.
6.3 Canada
7 Europe
7.1 Europe Medical Device Technologies Market Size by Country (2018-2029)
7.2 Germany
7.3 France
7.4 U.K.
7.5 Italy
7.6 Russia
7.7 Nordic Countries
7.8 Rest of Europe
8 Asia-Pacific
8.1 Asia-Pacific Medical Device Technologies Market Size by Region (2018-2029)
8.2 China
8.3 Japan
8.4 South Korea
8.5 Southeast Asia
8.6 India
8.7 Australia
8.8 Rest of Asia-Pacific
9 Latin America
9.1 Latin America Medical Device Technologies Market Size by Country (2018-2029)
9.2 Mexico
9.3 Brazil
9.4 Rest of Latin America
10 Middle East & Africa
10.1 Middle East & Africa Medical Device Technologies Market Size by Country (2018-2029)
10.2 Turkey
10.3 Saudi Arabia
10.4 UAE
10.5 Rest of Middle East & Africa
11 Medical Device Technologies Market Dynamics
11.1 Medical Device Technologies Industry Trends
11.2 Medical Device Technologies Market Drivers
11.3 Medical Device Technologies Market Challenges
11.4 Medical Device Technologies Market Restraints
12 Research Finding /Conclusion
13 Methodology and Data Source
13.1 Methodology/Research Approach
13.1.1 Research Programs/Design
13.1.2 Market Size Estimation
13.1.3 Market Breakdown and Data Triangulation
13.2 Data Source
13.2.1 Secondary Sources
13.2.2 Primary Sources
13.3 Disclaimer
13.4 Author List
Published By : QY Research
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