DUBLIN--(BUSINESS WIRE)--Research and Markets (http://www.researchandmarkets.com/research/42vmpc/medical) has announced the addition of the "Medical Electronics Market by Component, by Application, and by Geography - Global Forecast to 2020" report to their offering.
The total value of medical electronics market is expected to reach $56.50 Billion by 2020, growing at a CAGR of 5.5%
Medical electronics are the backbone of the modern healthcare industry and consumer healthcare devices. Over the last two decades, the global medical electronics market has seen a tremendous growth in terms of technological advancements, increasing healthcare reach, and integration of the healthcare industry with information technology. Increasing urbanization, burgeoning population, increasing income levels and awareness about fitness and wellness have catalyzed the growth of the medical electronics market. In addition to that, an increasing demand for personalized healthcare has further fueled growth in this are.
Medical electronics exhibit a huge potential in terms of applications such as imaging, medical therapeutics, diagnosis, monitoring, and fitness and wellness. A continuous development of innovative electronic devices, low cost medical facilities, and continuous support by various governments is leading towards heavy investment in research and development in healthcare and the medical electronics market.
In this report, drivers, restraints, and opportunities for the medical electronics markets have been covered. Major driving factors for the medical electronic market are growing lifestyle diseases, services, urbanization, increasing healthcare facilities, convergence of Information technology, and medical tourism. The major restraints for this market are designing and compatibility of medical devices, data security and power management, high maintenance and refurbishment cost, and lack of product differentiation.
Scope of the Report
- Component (Sensor, Battery, Memory Device, Display, & Microprocessor/MCU)
- Application (Imaging, Medical Therapeutics, Diagnosis, Monitoring, and Fitness & Wellness)
Key Topics Covered:
2 Research Methodology
3 Executive Summary
4 Premium Insights
5 Market Overview
6 Industry Trends
7 Market, By Components
8 Market, By Application
10 Competitive Landscape
11 Company Profiles
- Analog Devices, Inc.
- Cypress Semiconductor Corporation
- Fairchild Semiconductor International, Inc.
- Freescale Semiconductor, Inc.
- GE Healthcare
- Maxim Integrated
- On Semiconductor Corporation
- Philips N.V.
- Renesas Electronics Corporation
- Siemens Ag
- Stmicroelectronics N.V.
- Tekscan, Inc.
- Texas Instruments
For more information visit http://www.researchandmarkets.com/research/42vmpc/medical