Research and Markets: Global Medical Devices Market Report 2014-2018: Covidien, F. Hoffmann-La Roche, GE Healthcare, Johnson & Johnson & Medtronic Dominate the Industry
DUBLIN--(BUSINESS WIRE)--Research and Markets (http://www.researchandmarkets.com/research/9rwszl/global_medical) has announced the addition of the "Global Medical Devices Market 2014-2018" report to their offering.
The Global Medical Devices market to grow at a CAGR of 4.46 percent over the period 2014-2018.
Medical devices include a broad range of medical instruments used for patient monitoring, and the diagnosis and treatment of a disease or abnormal physical condition, including cardiac, orthopedic, respiratory, and ophthalmic diseases. They range from simple medical devices to complex programmable devices such as pacemakers and laser surgical devices. They are classified based on their characteristics, complexity, and potential harm.
This report covers the present scenario and the growth prospects of the Global Medical Devices market for the period 2014-2018. In terms of application, medical devices are classified into three: diagnostic medical devices, patient monitoring devices, and therapeutic medical devices.
MIS involves surgery performed through tiny cuts instead of a large opening. It is gaining popularity because of its advantages such as less pain, reduced blood loss, fast recovery, small incisions, and low cost. It helps patients recover more quickly with less pain and discomfort than conventional surgery. Advanced medical devices such as endoscopy and biopsy are MIS-based, which are extensively used by surgeons
According to the report, the advances in medical devices drive the growth of the Global Medical Devices market. Novel and advanced medical devices are available in the market, which is an influencing factor for the use of medical devices in the diagnosis, monitoring, and treatment of the patient.
Further, the report states that one of the key challenges is the intense competition among vendors. A large number of vendors are operating in the market, which results in high pressure on pricing strategies and a reduction in vendor margins.
- F. Hoffmann-La Roche
- GE Healthcare
- Johnson & Johnson
Key Topics Covered:
- Executive Summary
- List of Abbreviations
- Scope of the Report
- Market Research Methodology
- Market Landscape
- Market Segmentation by Application
- Global Therapeutic Medical Devices Market
- Global Diagnostics Medical Devices Market
- Global Patient Monitoring Devices Market
- Geographical Segmentation
- Key Leading Countries
- Buying Criteria
- Market Growth Drivers
- Drivers and their Impact
- Market Challenges
- Impact of Drivers and Challenges
- Market Trends
- Trends and their Impact
- Vendor Landscape
- Key Vendor Analysis
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