Increase in demand for Medical Electronics Market, 2017-2023 - Allied Market Research

Medical electronics is considered as a specialized discipline that integrates engineering with fields such as clinical practice and biomedical sciences. Unlike paper records, medical electronics offers more benefits. Besides enabling an individual track information over time it improves the quality of patient care. Furthermore, demand for advanced healthcare solutions has played an eminent role in the growth of the market worldwide. The growing importance of medical electronics mainly in patient as well as monitoring activities have also kept the market prospects high. The increasing population and growing awareness about wellness have also contributed to the growth of the market. Moreover, increasing number of lifestyle diseases and expansion of healthcare facilities are anticipated to create greater opportunities.

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The medical electronics market is segmented based on medical devices, applications and geography. Furthermore, the medical devices covered in the market research report are human Machine Interface, medical devices connectivity, display controller, and embedded controller. Applications assessed during the study are therapy devices and monitoring devices. Regions such as North America, Europe, Asia -Pacific and LAMEA are covered in the scope of the study.

Key market players profiled in the medical electronics market are Renesas Electronics Corporation, Siemens AG, ON Semiconductor Corporation, GE Healthcare, Freescale Semiconductor Inc., Texas Instruments Incorporated, STMicroelectronics N.V., Philips Healthcare Pvt. Ltd., Tekscan, Inc., and NXP Semiconductors N.V.

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Key Benefits

The market research report provides an integrated information on the major drivers, restraints and opportunities influencing the industry growth during the forecast period.
The study further drills down to produce data volume by components, end customers and demography.
Region wise business performance discussed in the market research report would be valuable for enterprises planning to explore new areas.
The report not only examines the market dynamics but also takes a closer look at the growth rate and industrial chain structure.
Study further weigh up on the prominent market players and what they are doing different to position their product in the already crowded marketplace.
Assessment of upstream and downstream market also forms an important part of the report.

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Medical Electronics Market Key Segments:
By Medical Device
Human machine interface (HMI)
MRI system
X-ray system
PET scan system
Others

Medical devices connectivity
Wired
Wireless
Wi-Fi
Bluetooth
Others

Display controller
LCD controller
Panel controller
Screen controller
Touchscreen controller
Multi-display controller
Others
Embedded controller

By Application
Therapy devices
ECMO
Ventilator
Dialysis machine
Others

Monitoring devices
Blood pressure meter
Ultrasound
ECG
Nebulizer
EEG
Oxygen concentrator
Others

By Geography
North America
Europe
Asia -Pacific
LAMEA

Key Players

Renesas Electronics Corporation
Siemens AG
ON Semiconductor Corporation
GE Healthcare
Freescale Semiconductor Inc.
Texas Instruments Incorporated
STMicroelectronics N.V.
Philips Healthcare Pvt. Ltd.
Tekscan, Inc.
NXP Semiconductors N.V.

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