LONDON--(BUSINESS WIRE)--The medical devices market is poised to grow by $ 87.65 bn during 2020-2024 progressing at a CAGR of almost4% during the forecast period. 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 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, the latest trends and drivers, and the overall market environment. The market is driven by the increasing prevalence of diseases.
The medical devices market analysis includes product, and geography landscape. 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 & Johnson
- 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.