Top 10 Medical Device Technologies Market (IVD, Cardiology, Diagnostic Imaging, Orthopedics, Ophthalmology, Kidney/Dialysis) worth +427 Billion USD by 2020
According to the Top 10 Medical Device Technologies Market survey report, the market is expected to witness a relatively higher growth rate during the forecast period 2018-2023.
Houston, united states – May 24, 2018 /MarketersMedia/ —
Top 10 Medical Device Technologies Market has been included to our repository. One of the leading factors pouring the expansion of this market is the growing market for military sector. The increasing population has led to an accumulative claim for the characteristics and this will drive the market globally. The intensifying per capita profits of the people in this market is alternate reason behind the rising plea for global market. The accumulative number of accidents owing to failure is one of the subordinate causes fueling the progress of this market. As governments make stringent safety rulebooks and guiding principle in an effort to decrease the number of accidents, the plea for Global Top 10 Medical Device Technologies Market will reinforce during the prognosis period from 2018 to 2023.
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Global top 10 medical device technologies market is expected to reach USD +427 Billion by 2020, at a CAGR of +5% from 2015 to 2020.
Top 10 Medical Device Technologies Market is mainly driven by the rising prevalence of chronic lifestyle diseases like cardiovascular, diabetes, hypertension, cancer, and respiratory problems. Similarly, the rising acceptance of newer technologies by physicians & hospitals and growing geriatric population are also driving the overall growth of the top 10 medical devices market. However, factors such as uncertainty in reimbursement and the imposition of the medical device excise tax in the U.S. are restraining the growth of this market.
Some of the leading vendors: Baxter, BD, Cardinal Health, Danaher, Johnson & Johnson, Medtronic, Philips Healthcare, Stryker, 3M
10 medical device technologies market is mainly attributed to greater accessibility to advanced technologies, rising prevalence of chronic lifestyle diseases, rising geriatric population, increasing number of surgical procedures, increasing acceptance of personalized medicine, and established distribution channels in this region as compared to Europe and APAC. However, the Asia-Pacific region is expected to be the fastest-growing top 10 medical device technologies market during the forecast period. Growing population in countries like China and India, rapid growth in geriatric population, improving healthcare infrastructure, growing per capita income, and rising focus of key market players on this region are contributing to the growth of the top 10 medical device technologies market in the APAC region during the forecast period.
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Vendors in the market partake on the basis of value, growth, advantages, reputation, distribution, and advertising. As the market is still in its development stage, small-scale merchants with inventive solutions have the odds of being purchased by the prominent contributors in the market. For a more insightful analysis of key players functioning in the market, the authors have shared the share of top three and five manufacturers.
Table of Content:
Chapter 1 Top 10 Medical Device Technologies Market Overview
Chapter 2 Global Economic Impact on Industry
Chapter 3 Global Market Competition by Manufacturers
Chapter 4 Global Production, Revenue (Value) by Region
Chapter 5 Global Supply (Production), Consumption, Export, Import by Regions
Chapter 6 Global Production, Revenue (Value), Price Trend by Type
Chapter 7 Global Market Analysis by Application
Chapter 8 Manufacturing Cost Analysis
Chapter 9 Industrial Chain, Sourcing Strategy and Downstream Buyers
Chapter 10 Marketing Strategy Analysis, Distributors/Traders
Chapter 11 Market Effect Factors Analysis
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