DUBLIN--(BUSINESS WIRE)--The "Drug-Device Combination Products Market by Product, Application, and End User - Global Opportunity Analysis and Industry Forecast, 2017-2025" report has been added to ResearchAndMarkets.com's offering.
The market was valued at $81,374 million in 2017, and is projected to reach $139,193 million in 2025, registering a CAGR of 6.9% from 2018 to 2025.
Increase in incidence rate of chronic diseases, such as diabetes mellitus, cancer, wounds, and respiratory problems, and rise in global geriatric population are expected to fuel the growth of the global drug-device combination products market.
In addition, innovation in combination products such as introduction of prefilled syringes and transdermal patch drive the market growth. Moreover, development of cost-effective combination devices and rise in awareness among patients regarding home healthcare products are expected to boost the market growth.
However, unnoticed complications by the use of these devices and stringent governmental regulations hamper the market growth. Conversely, high market potential in the untapped emerging economies and rise in healthcare infrastructure are expected to provide potential growth opportunities during the forecast period.
Select Findings
- In the year 2017, the inhalers segment generated one of the highest revenue
- In the application segment, the cardiovascular disorder segment is projected to grow at a high CAGR
- Europe accounted for around one-third share of the global market in 2017
-
LAMEA is expected to grow at a high CAGR from 2018 to 2025
Key Players
- Abbott Laboratories
- Medtronic
- Smith & Nephew
- Boston Scientific Corporation
- GlaxoSmithKline
- Becton, Dickinson and Company
- Johnson & Johnson
- Novartis
- Bayer
- Baxter International
Other Players
- B. Braun Melsungen
- Cook Medical
- ICU Medical
- Moog
- C.R. Bard
Topics Covered
Chapter 1: Introduction
Chapter 2: Executive Summary
Chapter 3: Market Overview
Chapter 4: Drug-Device Combination Products Market, by Product
Chapter 5: Drug-Device Combination Products Market, by Application
Chapter 6: Drug-Device Combination Products Market, by End-User
Chapter 7: Drug-Device Combination Products Market, by Region
Chapter 8: Company Profiles
For more information about this report visit https://www.researchandmarkets.com/research/4xlv7p/global?w=4
