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Medical Electronics Market Perusal Focusing on Prominent Players – Philips Healthcare, Siemens Healthcare, GE Healthcare, Maxim Integrated, Carestream Health, Allengers Medical, Toshiba Corporation, St. Jude Medical, Boston Scientific, Olympus Corp., ON

10-29-2018 07:04 AM CET | Health & Medicine

Press release from: Global Market Insights, Inc.

Medical Electronics Market

Medical Electronics Market

Medical Electronics Market was valued around USD 60 billion in 2016 with expectations to witness 12% CAGR from 2017 to 2024; according to a new research study published by Global Market Insights, Inc.

Increasing adoption of minimally invasive surgeries is an emerging trend over the latest years. Surgical robots enable surgeons to perform extremely precise operations through very small incisions. Such medical interventions are performed for orthopaedic, cardiothoracic, vascular, urological, and neurological procedures and other specialties.

Increasing technological advancement will drive medical electronics market growth over the forecast period. Furthermore, growing disposable income levels in developing economies along with introduction of innovative products will surge industry expansion.

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Favorable regulatory policies for expansion of medical electronics industry and healthy reimbursement environment will propel business growth. However, high-cost associated with the medical electronics will impede industry expansion.

Surgical robots are widely used by surgeon for medical procedures ranging from bladder reconstruction to open heart surgeries. Lucrative return on investment and ability to save considerable time compared to conventional methods will fuel increasing surgical robots demand over the forecast period.

Respiratory care devices will witness significant revenue growth owing to increasing geriatric population and increasing prevalence of COPD, Asthma and other respiratory diseases. Technological advances aimed at developing more efficient and cost effective respiratory care devices will further propel the market growth.

Hospitals are adopting innovative medical electronic devices to provide improved healthcare facilities to the patients. Rising healthcare cost and growing disposable income levels will spur business growth over the forecast years.

U.S. medical electronics market will witness significant growth owing to favorable regulatory scenario and presence of leading regional business players. Growing disposable income and rising adoption of technologically advanced products will stimulate business growth over the forecast period.

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Domestic medical devices companies such as Siemens, Baxter General Electric, and Philips dominates the Russian medical electronics market. Favorable business environment and increasing adoption of technologically advanced products will fuel industry expansion over the forecast years.

Some of the prominent players in medical electronics industry include Phillips, Siemens AG, GE Healthcare, Maxim Integrated, Carestream Health, Allengers Medical. Industry players adopt strategies like new product development and collaborations with domestic players to strengthen their industry presence and expand their product portfolio.

Report Content

Chapter 1. Methodology
1.1. Methodology
1.1.1. Initial data exploration
1.1.2. Statistical model and forecast
1.1.3. Industry insights and validation
1.1.4. Market definition and forecast parameters
1.2. Data Sources
1.2.1. Primary
1.2.2. Secondary

Chapter 2. Executive Summary
2.1. Breast imaging equipment industry 3600 synopsis, 2013 – 2024
2.1.1. Business trends
2.1.2. Product trends
2.1.3. Regional trends

Chapter 3. Medical Electronics Market Industry Insights
3.1. Industry segmentation
3.2. Industry size and forecast, 2013 - 2024
3.3. Technology landscape
3.3.1. U.S.
3.3.2. Europe
3.3.3. Russia
3.4. Industry impact forces
3.4.1. Growth drivers
3.4.1.1. Government initiatives to improve healthcare access via insurance scheme
3.4.1.2. Adopting convergence of technologies - Medical, IT and telecom
3.4.1.3. Increase in the push towards minimally invasive surgeries
3.4.1.4. Leasing of capital intensive machines
3.4.1.5. Automation in diagnostic technology
3.4.1.6. Attractive policies for FDI
3.4.2. Industry pitfalls & challenges
3.4.2.1. Heightened regulatory scrutiny
3.4.2.2. New healthcare delivery model
3.5. Market entry analysis and regulatory landscape
3.5.1. U.S.
3.5.2. Europe
3.5.2.1. Germany
3.5.2.2. UK
3.5.2.3. Italy
3.5.2.4. Russia
3.5.3. Asia Pacific
3.5.3.1. China
3.5.3.2. India
3.5.3.3. Japan
3.6. Growth potential analysis
3.6.1. By Product
3.6.2. By End Use
3.7. Porter's analysis
3.8. Company landscape, 2016
3.8.1. Company share analysis
3.8.2. Business overview
3.8.3. Product landscape
3.8.4. Strategic dashboard
3.9. PESTEL analysis

Global Market Insights, Inc., headquartered in Delaware, U.S., is a global market research and consulting service provider; offering syndicated and custom research reports along with growth consulting services. Our business intelligence and industry research reports offer clients with penetrative insights and actionable market data specially designed and presented to aid strategic decision making. These exhaustive reports are designed via a proprietary research methodology and are available for key industries such as chemicals, advanced materials, technology, renewable energy and biotechnology.

Arun Hegde
Corporate Sales, USA
Global Market Insights, Inc.
Phone: 1-302-846-7766
Toll Free: 1-888-689-0688
Email: sales@gminsights.com

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