DUBLIN--(BUSINESS WIRE)--Research and Markets (http://www.researchandmarkets.com/research/dd3h73/medical) has announced the addition of the "Medical Technologies Market in the APAC Region 2015-2019" report to their offering.
The Medical Technologies market in the APAC region to grow at a CAGR of 9.87% over the period 2014-2019
Medical technology refers to the software solutions, medical devices, imaging, and diagnostic equipment used to ensure good health. The Medical Technologies market in the APAC region covers hospital hardware; technical aids for the disabled; reusable instruments; laboratory equipment; complementary therapy devices; healthcare facility products and adaptations; biologically derived devices; and technologies such as active implantable, anesthetic and respiratory, IVD, dental, electromechanical medical, non-active implantable, ophthalmic and optical, single use, and diagnostic and therapeutic radiation.
One key trend upcoming in this market is the emergence of user-friendly technologies, which reduce the number of hospital visits and help in the close monitoring of a patient's physiological parameters. The emergence of user-friendly technologies permits the frequent evaluation of these parameters without any assistance from a physician.
According to the report, an increase in the aging population is one of the major drivers of the market. Elderly people require frequent monitoring and are more susceptible to debilitating diseases. Older age groups require more care such as assistance during hospital visits and frequent evaluation of physiological parameters such as blood pressure and heart rate, leading to an increase in healthcare costs.
Further, the report states that one of the main challenges in the market is an increase in pricing pressures. Low budget allocations for medical technologies have increased the pricing pressure on technology vendors. This, in turn, might decrease the market share of key vendors.
- GE Healthcare
- Johnson & Johnson
- Roche Diagnostics
- Siemens Healthcare Diagnostics
Key Topics Covered:
- Executive Summary
- Scope of the Report
- List of Abbreviations
- Market Research Methodology
- Market Landscape
- Market Segmentation by Application
- Market Segmentation by Country
- 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
For more information visit http://www.researchandmarkets.com/research/dd3h73/medical