Medical Devices Market | COVID-19 Recovery Analysis, Drivers, Restraints, Opportunities and Threats | Technavio

Technavio has announced its latest market research report titled Global Medical Devices Market 2020-2024 (Graphic: Business Wire)

LONDON--()--The medical devices market is poised to grow by USD 87.65 billion during 2020-2024 progressing at a CAGR of almost 4% during the forecast period.

The report on the medical devices market provides a holistic update, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis.

The report offers an up-to-date analysis regarding the current global market scenario, latest trends and drivers, and the overall market environment. The market is driven by the increasing prevalence of diseases.

Technavio suggests three forecast scenarios (optimistic, probable, and pessimistic) considering the impact of COVID-19. Download Free Sample Report on COVID-19 Recovery Analysis

The medical devices market analysis include product segment and geographic landscapes. This study identifies the emergence of innovative technologies as one of the prime reasons driving the medical devices market growth during the next few years.

This report presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters.

The medical devices market covers the following areas:

Medical Devices Market Sizing

Medical Devices Market Forecast

Medical Devices Market Analysis

Companies Mentioned

  • Becton, Dickinson and Co.
  • F. Hoffmann-La Roche Ltd.
  • Fresenius SE & Co. KGaA
  • General Electric Co.
  • Johnson and Johnson Services Inc.
  • Koninklijke Philips NV
  • Medtronic Plc
  • Olympus Corp.
  • Siemens AG
  • Stryker Corp.

Key Topics Covered:

Executive Summary

Market Overview

Market Landscape

Market ecosystem

Value chain analysis

Market Sizing

Market definition

Market segment analysis

Market size 2019

Market outlook: Forecast for 2019 - 2024

Five Forces Analysis

Five Forces Summary

Bargaining power of buyers

Bargaining power of suppliers

Threat of new entrants

Threat of substitutes

Threat of rivalry

Market condition

Market Segmentation by Product

Market segments

Comparison by Product placement

Therapeutic and surgical devices - Market size and forecast 2019-2024

PMDMID - Market size and forecast 2019-2024

Other medical devices - Market size and forecast 2019-2024

Market opportunity by Product

Customer landscape

Overview

Geographic Landscape

Geographic segmentation

Geographic comparison

North America - Market size and forecast 2019-2024

Europe - Market size and forecast 2019-2024

Asia - Market size and forecast 2019-2024

ROW - Market size and forecast 2019-2024

Key leading countries

Market opportunity by geography

Drivers, Challenges, and Trends

Market drivers

Volume driver - Demand led growth

Volume driver - Supply led growth

Volume driver - External factors

Volume driver - Demand shift in adjacent markets

Price driver - Inflation

Price driver - Shift from lower to higher-priced units

Market challenges

Market trends

Vendor Landscape

Overview

Vendor landscape

Landscape disruption

Vendor Analysis

Vendors covered

Market positioning of vendors

Becton, Dickinson and Co.

F. Hoffmann-La Roche Ltd.

Fresenius SE & Co. KGaA

General Electric Co.

Johnson and Johnson Services Inc.

Koninklijke Philips NV

Medtronic Plc

Olympus Corp.

Siemens AG

Stryker Corp.

Appendix

Scope of the report

Currency conversion rates for US$

Research methodology

List of abbreviations

About Us

Technavio is a leading global technology research and advisory company. Their research and analysis focuses on emerging market trends and provides actionable insights to help businesses identify market opportunities and develop effective strategies to optimize their market positions. With over 500 specialized analysts, Technavio’s report library consists of more than 17,000 reports and counting, covering 800 technologies, spanning across 50 countries. Their client base consists of enterprises of all sizes, including more than 100 Fortune 500 companies. This growing client base relies on Technavio’s comprehensive coverage, extensive research, and actionable market insights to identify opportunities in existing and potential markets and assess their competitive positions within changing market scenarios.

Contacts

Technavio Research
Jesse Maida
Media & Marketing Executive
US: +1 844 364 1100
UK: +44 203 893 3200
Email: media@technavio.com
Website: www.technavio.com/

Release Summary

The Global Medical Devices Market will grow by USD 87.65 bn during 2020-2024

Contacts

Technavio Research
Jesse Maida
Media & Marketing Executive
US: +1 844 364 1100
UK: +44 203 893 3200
Email: media@technavio.com
Website: www.technavio.com/