Press release
European Medical Device Technology Market Trends, Research Report, Growth, Opportunities, Forecast 2020-2026
European medical device technology market is projected to grow at a significant CAGR of around 2.8% during the forecast period (2020-2026). In Europe, the developed economies, such as UK, Germany, spends a huge %age of GDP in the betterment of healthcare settings every year. It is considered as second largest medical device technology market, after North America. The domestic market players as well as the global market players are continuously focussing on the development of advanced technologies in the medical devices, such as devices equipped with sensors, automation, among others. There are several patents have been filed in the past decade regarding the advanced technologies in the medical devices.(Get 15% Discount on Buying this Report)
A full report of European Medical Device Technology Market is available at: https://www.omrglobal.com/industry-reports/europe-medical-device-technology-market
As per MedTech Europe, in 2016, around 12,200 patent applications were filed with the European Patent Office (EPO) in the field of medical technology, where around 7.7% of the total number of applications for medical device technology. This is still more than any other sector in Europe. Around 41.0% of these patent applications were filed from European countries (EU28, Switzerland, and Norway) and 59.0% from other countries. In comparison, around 5,700 applications were filed in the pharmaceutical field and around 5,700 also in the field of biotechnology. While over the last decade the number of EPO filings in the field of medical technology has doubled, pharma and biotech patent applications were relatively stagnant.
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Market Coverage
• Market number available for- 2019-2026
• Base year- 2019
• Forecast period- 2020-2026
• Segments Covered- By Product Type
• Countries Covered- UK, Germany, France, Italy, Spain, and Rest of Europe
• Key Companies Profiled- Thermo Fisher Scientific Inc., Fresenius SE & Co. KGaA, Medtronic PLC, Smith & Nephew PLC, Johnson & Johnson Services Inc., and Koninklijke Philips N.V.
Key questions addressed by the report
• What is the market growth rate during the forecast period?
• Which segment/region dominates the market in base year?
• Which segment/region will project fastest growth in the market during the forecast period?
• How COVID-19 will impact the market growth in 2020 and coming years?
o Recovery Timeline
o Deviation from pre-COVID
o Most affected region/segment
o Recommendations
• Who is the leader in the market?
• How players are addressing challenges to sustain growth?
• Where is the investment opportunity?
European Medical Device Technology Market – Segmentation
By Product Type
• In Vitro Diagnostics Devices
• Diagnostic Imaging Devices
• Cardiology Devices
• Ophthalmology Devices
• Orthopedic Devices
• Others (Endoscopy Devices and Respiratory Care Devices)
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European Medical Device Technology Market – Segmentation by Geography
• UK
• Germany
• France
• Italy
• Spain
• Rest of Europe
Company Profiles
• Abbott Laboratories
• Baxter International, Inc.
• Becton, Dickinson and Co.
• bioMérieux SA
• Boston Scientific Corp.
• Cardinal Health, Inc.
• F. Hoffmann-La Roche Ltd.
• Fresenius SE & Co. KGaA
• General Electric Co.
• Johnson & Johnson Services Inc.
• Koninklijke Philips N.V.
• Medtronic PLC
• Siemens AG
• Smith & Nephew PLC
• Stryker Corp.
Reasons to Buying From us –
1. We cover more than 15 major industries, further segmented into more than 90 sectors.
2. More than 120 countries are for analysis.
3. Over 100+ paid data sources mined for investigation.
4. Our expert research analysts answer all your questions before and after purchasing your report.
Media Contact:
Contact Person: Mr. Anurag Tiwari
Email: anurag@omrglobal.com
Contact no: +91 780-304-0404
Company Name: Orion Market Research
About Orion Market Research
Orion Market Research (OMR) is a market research and consulting company known for its crisp and concise reports. The company is equipped with an experienced team of analysts and consultants. OMR offers quality syndicated research reports, customized research reports, consulting and other research-based services.
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