Medical Devices Market to experience growth during 2021-2027

The latest research report by Astute Analytica on the global Medical Devices Market combines various factors so that readers can achieve a greater level of understanding. It includes thorough insights into the industry during the analysis time frame.

The global Medical Devices Market value was US$ 412.4 billion in 2020. The global Medical Devices Market is forecast to reach a valuation of US$ 625.3 billion by 2027 by registering a compound annual growth rate (CAGR) of 6.3% during the forecast period from 2021-2027.

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This analysis of the global Medical Devices Market explains the extraordinary events that can lead the market growth in the future. Moreover, it includes the study on the market players, growth opportunities, COVID-19 impact, segments, and the forecast value of the market. In addition, it throws light on other noteworthy factors, such as geographical contribution, etc.

This entire industry overview is established on verified data and statistics, based on excellent primary and secondary sources like SWOT analysis. This research paper contains graphs and other pictorial representations to enhance the understanding of the readers. Moreover, it encompasses the beginning to end scenario, including the historical factors, current state, and future forecast. In addition, it examines the latest events, press releases, together with past innovations and other important events.

This study on the global Medical Devices Market is the best choice for all businesses connected to the market or planning to connect. Be it, industry players, investors, start-ups, or other thriving businesses, the report systematically draws attention to every minor factor. It helps readers identify and track the role of other emerging players. Moreover, it can guide the connected members to plan their investments, expand their portfolios, and create other plans by acknowledging the future potential.

Regional Analysis

A section of the research report is dedicated to the overview of the global Medical Devices Market on the basis of region. This study by Astute Analytica classifies the potential contributors, together with other participatory regions and their influence. For better understanding, it has briefly analyzed the countries and their historical, present, and expected contribution to the industry.

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COVID-19 Impact Analysis

The COVID-19 pandemic emerged as a notable economic challenge for various countries, including China, India, the United States, Brazil, etc.

Amid the growing concerns regarding the deadly virus, several industries recorded potential growth. Meanwhile, several markets registered an abrupt decline.

Social distancing, import-export problems, lockdown regulations disrupted the connection between traders and consumers. Apart from that, it transformed the user's interest and preference which altered the entire outlook.

This study analysis on the global Medical Devices Market integrates the effect of the COVID-19 epidemic on the industry. It mentions evident statistics and data along with the size. In addition, it highlights a thorough version of the factors accountable for the forecasted growth and decline during the pandemic period.

Readers can recognize the complete situation of the industry and expected recovery potential by reading this report.

The Outline of the Report:

While developing the Medical Devices Market report, the market segmentation focuses on segments By Product, By Application, By End-User, and the region. The segmentation provided the basis for identifying companies and analyzing their financial positions, product ranges, and growth prospects. The next step involved studying the core competencies and market shares of leading players in order to predict the degree of competition. The overall size of the market was determined using a bottom-up approach.

Table of content:

Browse in-depth TOC on Medical Devices Market

74 – Tables

117 – Figures

309 – Pages

Chapter 1: Research framework.

Chapter 2: Research Methodology

Chapter 3: Executive Summary: Global Medical Devices Market

Chapter 4: Market Overview

Chapter 5: Market Analysis, By product

Chapter 6: Market Analysis, By Application

To be continued: Table of content: https://www.astuteanalytica.com/industry-report/toc/medical-devices-market

Leading Competitors

The prominent companies mentioned in the global Medical Devices Market report are:

3M Co., Abbott Laboratories, Allergan Inc., Baxter International Inc., Bayer, Becton Dickinson and Co., Boston Scientific Corp., Cardinal Health Inc., Covidien plc, Cryolife Inc., Danaher, Depuy Synthes, Endologix, Inc., Essilor International SA, Fresenius Medical Care AG & Co. KGAA, GE Healthcare, Getinge Ab, Johnson and Johnson, Koninklijke Philips NV, Medtronic Inc., Novartis AG, Olympus Corp., Roche Diagnostics, Siemens Healthcare, Smith & Nephew PLC, Smiths Medical, St. Jude Medical Inc., Stryker Corp. Terumo Corp., Thermo Fisher Scientific, and Zimmer Holdings Inc. Other Prominent Players.

Market Segmentation

The global Medical Devices Market is segmented on the basis of By Product, By Application, By End-User.

By Product

• Diagnostic Devices

  • Electrodiagnostic Devices

    • Ultrasound Systems

    • Magnetic Resonance Imaging (MRI)

    • Electrocardiographs

    • Scintigraphy Apparatus

    • Other Electrodiagnostic Devices

  • Radiation Devices

    • CT Scanners

    • Other Medical X-ray Apparatus

  • Imaging Parts & Accessories

    • Contrast Media

    • X-ray Tubes

    • Medical X-ray Film

    • Other Imaging Parts & Accessories

• Consumables

  • Syringes, Needles & Catheters

    • Syringes (with/without needles)

    • Tubular Metal Needles/Needles for Sutures

    • Others

  • Bandages & Dressings

    • Adhesive Medical Dressings

    • Non-adhesive Medical Dressing

  • Suturing Materials

  • Other Consumables

    • Surgical Gloves

    • Ostomy Products

    • Blood-Grouping Reagents

    • First-aid Boxes & Kits

• Patient Aids

  • Portable Aids

    • Hearing Aids

    • Pacemakers

  • Therapeutic Applications

    • Therapeutic Respiration Devices

    • Mechano-Therapy Devices

  • Others (Endoscope, Defibrillators, CRT Devices, etc.)

  • Orthopedics and Prosthetics

    • Fixation Devices

    • Artificial Joints

    • Other Artificial Body Parts

      • Dental Products

        • Dental Instruments and Supplies

        • Dental Instruments

        • Dental Cement

        • Teeth and Other Fittings

        • Dental Care Equipment

        • Dental Drills

        • Dental Chairs

        • Dental X-Rays

      • Patient Monitoring Devices

• Other Medical Device Categories

  • Ophthalmic Instruments

  • Hospital Furniture

  • Wheelchairs

  • Medical & Surgical Sterilizers

  • Ultra-violet or Infra-Red Ray Apparatus

  • Other Instruments & Appliances

By Application

• Oncology

• Cardiology

• Orthopedics

• Ophthalmic

• Respiratory

• Urology & Gynecology

• General & Plastic Surgery

• Dental

• Diabetic Care

• Wound Management

• Nephrology

• General Hospital and Healthcare

• Ear, Nose, and Throat

• Others

By End-User

• Hospitals & Surgical Centers

• Clinics

• Household

• Other End Users

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