WiseGuyReports has announced the addition of a new intelligence report, titled “Medical Devices: Technologies and Global Markets”.
Several governments are looking at medical device technology companies in their efforts to make healthcare more affordable. Many governments have instituted budgetary cuts to contain the spiraling costs of healthcare. Italy announced cuts in healthcare to the tune of REDACTED billion in 2015. Some governments in Western Europe encourage the elderly to stay in their homes for longer periods to trim their budgets. In addition, there is considerable pressure on medical device technology companies to ensure that they comply with different regulatory standards. Governments have framed rules and regulations to ensure that these companies meet safety and efficacy criteria for their products.
Regionally, growth is foreseen in the developing countries of the Asia-Pacific region for several reasons, including increases in government spending on healthcare, an increasing number of medical procedures being covered by insurance companies, an increasing geriatric population, awareness among people concerning their healthcare needs and a rise in disposable incomes. China and India are lucrative markets, as they have populations of more than 1 billion each, and their economic growth rates are still positive despite the recent global downturn. Companies have not fully exploited these markets, as they face problems of distribution, competition from low-cost products manufactured locally and their own inability to introduce products that meet patient needs in these countries.
Scope of Report
This research report incorporates an in-depth analysis of the medical device technology market, including market estimations and trends through 2018. Major players, competitive intelligence, innovative technologies, market dynamics and regional opportunities are discussed in detail. The report also examines recent developments and product portfolios of the major players, along with their market shares. Patent analysis focuses on technological trends in recent years in regions such as the U.S., Europe and Japan. The report presents a market analysis and estimates the compound annual growth rate (CAGR) for medical device technologies.
The scope of the report extends to only those medical device technologies that generate the most global revenue. Dental device technologies and some imaging devices used in dentistry overlap with other devices already covered under the imaging device technologies segments, so they have been excluded.
Reasons for Doing This Study
With long life expectancy and emerging economies’ increasing expenditure on healthcare, there is an increased demand for technologically superior medical devices. Additionally, an introduction of more stringent regulations, specifically in the mature markets of the U.S. and Europe, has compelled medical device manufacturers to launch sophisticated devices that incorporate new materials, focus on in-depth indications and generate additional new data.
Moreover, technically sophisticated medical devices are needed for clinical research, as the market is highly competitive, and companies must constantly reinvent their product portfolios to enter new markets and position themselves as major players in the healthcare system. There is currently a shift toward a value-based healthcare market in which price and purchase decisions are based on outcomes. This has resulted in increased scrutiny of the technology of devices, and consequently the degree of competition has risen.
The above reasons are compelling enough to research and analyze the medical devices market, as the market has tremendous growth potential.
– 52 data tables and 85 additional tables
– An overview of the global markets for medical devices technologies
– Analysis of global market trends, with data from 2016, estimates for 2017, and projections of compound annual growth rates (CAGRs) through 2022
– Discussion of definitions, evolution and types of devices, regulations and legislations, as well as key industry aspects such as market drivers and industry strategies
– An in-depth breakdown of devices by technology type including: imaging devices, in-vitro diagnostic devices, cardiovascular devices, orthopedic and spine, urology and renal devices, endoscopic devices, and drug delivery systems
– Company profiles of major key players in the market, including 3M, Abbot Laboratories, Agilent Technologies, Bayer, GE Healthcare, Johnson & Johnson, Novartis, Siemens Healthcare and Thermo Fisher Scientific
View Detailed Report at https://www.wiseguyreports.com/reports/3027220-medical-devices-technologies-and-global-markets
BECKTON, DICKINSON AND CO.
HALYARD HEALTH, INC.
JOHNSON & JOHNSON
SHANGHAI KINETIC MEDICAL CO. LTD.
SMITH & NEPHEW
THERMO FISHER SCIENTIFIC
TOSHIBA MEDICAL SYSTEMS CORP. (CANON)
Table of Contents
Chapter 1 Introduction
Chapter 2 Summary and Highlights
Chapter 3 Market Overview
Chapter 4 Global Medical Devices Technology Market
Chapter 5 Medical Device Technologies Market by Region
Chapter 6 Competitive Landscape
Chapter 7 Company Profiles
Chapter 8 Patent Review/New Developments
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