Press release
Medical Electronics Market to Reach USD 5256.6 Million by 2027 | Valuates Reports
The global Medical Electronics market size is projected to reach USD 5256.6 Million by 2027, from USD 4506.3 Million in 2020, at a Compound Annual Growth Rate (CAGR) of 2.6% during 2021-2027. The medical electronics market size is expected to grow rapidly as a result of factors such as an aging population, an increase in lifestyle and chronic diseases, increased demand for customized, easy-to-use, and advanced healthcare devices.Increased market penetration of portable medical devices that are easy to use is expected to drive the medical electronics market size. Medical technologies are evolving as a result of technological advances in sensors, embedded systems, and electronics. Portable medical devices enable convenient monitoring and treatment of patient health, thereby increasing its adoption.
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The increasing medical needs of an aging populace and the instance of chronic diseases are expected to increase the growth of the medical electronics market size. Medical devices are needed in all areas of clinical practice, and many of them are the subject of significant research and development efforts around the world. Effective medical devices are required to manage many chronic health conditions and monitor health, especially in the older population.
The global Medical Electronics market is thoroughly, accurately, and comprehensively assessed in the report with a large focus on market dynamics, market competition, regional growth, segmental analysis, and key growth strategies. Buyers of the report will have access to verified market figures, including global market size in terms of revenue and volume. As part of production analysis, the authors of the report have provided reliable estimations and calculations for global revenue and volume by Type segment of the global Medical Electronics market. These figures have been provided in terms of both revenue and volume for the period 2016-2027. Additionally, the report provides accurate figures for production by region in terms of revenue as well as volume for the same period. The report also includes production capacity statistics for the same period.
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Based on the region, North America is considered to be the largest market for medical electronics. The rising adoption of connected medical devices, the growing use of technologically advanced medical imaging equipment, and the influence of disruptive technologies such as IoT and AI in the healthcare sector are all major factors driving North American market growth.
The report offers exhaustive assessment of different region-wise Medical Electronics markets such as North America, Europe, China and Japan, etc. Key regions covered in the report are U.S., Canada, Germany, France, U.K., Italy, Russia, China, Japan, South Korea, India, Australia, Taiwan, Indonesia, Thailand, Malaysia, Philippines, Vietnam, Mexico, Brazil, Turkey, Saudi Arabia, UAE
Leading Players in the Medical Electronics Industry
➣Analog Devices
➣GE Healthcare
➣Texas Instruments
➣Stmicroelectronics
➣Nxp Semiconductors
➣Cypress Semiconductor
➣Fairchild Semiconductor International
➣Maxim Integrated Products
➣On Semiconductor
➣Renesas Electronics
➣Siemens
➣Philips Healthcare
➣Tekscan
Medical Electronics Market by Type
➣Monitoring Equipment
➣Endoscopic
➣Heart Rate Regulator
➣Spinal Electrical Stimulation
Medical Electronics Market by Application
➣Hospitals
➣Clinic
➣Other
by Regional and Country-level Analysis
➣North America
➣United States
➣Canada
➣Asia-Pacific
➣China
➣Japan
➣South Korea
➣India
➣Southeast Asia
➣Australia
➣Rest of Asia-Pacific
➣Europe
➣Germany
➣France
➣U.K.
➣Italy
➣Russia
➣Nordic Countries
➣Rest of Europe
➣Latin America
➣Mexico
➣Brazil
➣Rest of Latin America
➣Middle East & Africa
➣Turkey
➣Saudi Arabia
➣UAE
➣Rest of MEA
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