openPR Logo
Press release

Medical Electronics Market to register a healthy CAGR for the forecast period, 2014-2020

01-03-2017 11:49 AM CET | Advertising, Media Consulting, Marketing Research

Press release from: Future Market Insights

Medical Electronics Market to register a healthy CAGR for

Medical electronics is a branch of electronics that deals with design, implementation and use of electrical devices and equipment for medical purposes such as research, examination, diagnosis, treatment, assistance and care. Medical electronics utilizes field disciplines of both electronics and biomedical.Portable biomedical electronic devices are essential to movemedical products from the hospital atmosphere to home, and to move medical examination from the laboratoryand offer one-touch access to users. These devices offer secure access and enable both patients and doctors to stay in touch with each other remotely.

Conventional medical devices have evolved over time, which is obvious with the advent of handheld smart phone-sized ultrasound systems, digital stethoscopes and digital X-ray systems.Small-sized medical devices are available for monitoring blood sugar levels, insulin, blood pressure and blood coagulation levels at home, and can send periodical reports to a doctor in a connected environment. Even consumer devices such as toothbrusheshave become modernized enough to send periodic information to dentists in a similar connected environment.The potential benefits associated with this technology includes improved quality of healthcare, increased output accuracy, remote health data availability,precise billing mechanism, easy to update patient electronic records and increase in level of patient experience. On other hand, there are some negative aspects such as decrease in productivity of medical professionals, lack of standard terminologies, significant learning difficulties and issues related to violation of patient data security.

Request for sample report: http://www.futuremarketinsights.com/reports/sample/rep-gb-72

Increase in income levels,higher standard of living, rising health awareness rise in aging population in developed countries and development in health facilities in developing countries are key factors driving the rapid growth of the medical electronics market. High availability of electronic components such as microcontrollers, memory devices, display technologies etc., has contributed majorlyto the development of biomedical devices and equipment.The acceptance of electronic medical devices is difficult for the users as well as the doctors due to its high prices.

The global medical electronics market is segmented on the basis of type, components, application and geography. Medical electronic device types vary depending on size, from handheld devices to heavy base devices, wearable gadgets to wireless connected devices, and from RFID-based health tracking device to RADAR technology-based ultrasound machines.On the basis of components, the market is segmented into sensor, battery, display, processors and memory. On the basis of application,the market is segmented into imaging, health monitoring, digital assistance, digital diagnostic, medical therapy, fitness and wellness and healthcare. On the basis of geography, the market is segmented into North America, Latin America, Asia Pacific, Japan, Western Europe, EasternEurope and the Middle East & Africa.

The advancements in medical electronics include dynamic power path management, remote patient tracking, integrated analog front ends and tissue analysis of cancer cells. Some of the innovative products still in the developmental stage, which are to be introduced in the future, includeneedle-free diabetic care, robotic checkups andtouchscreen systems for treatment rooms.The opportunity for handheld wireless monitoring devicesis high.

Request for TOC: http://www.futuremarketinsights.com/toc/rep-gb-72

Siemens AG,Analog Devices, Angiotech Pharmaceuticals, Inc. (Canada), GE Healthcare (U.K.), Maxim Integrated (U.S.), Texas Instruments Incorporated (U.S.), Fairchild Semiconductor International, Inc.,ON Semiconductor Corporation (U.S.), STMicroelectronics N.V. (Switzerland), Freescale Semiconductor, Inc. (U.S.), Cypress Semiconductor Corporation, GE,and Biotronik GMBH & CO.KG. (Germany) are some of top players in the medical electronics market. The key strategies adopted by most of these players to maintain and enhance market sharesinclude mergers& acquisition, joint ventures, product launches and product enhancement. The medical electronics market is expected to grow along with technological innovations and focus more on accuracy, cost effectiveness and technological platform portability with other medical equipment. With the rise in data security threats and legal claims from patients, more technologically safe and data secured devices need to be deployed in the market to meet the medical infrastructural needs of society.

About us:
Future Market Insights (FMI) is a leading market intelligence and consulting firm. We deliver syndicated research reports, custom research reports and consulting services, which are personalized in nature. FMI delivers a complete packaged solution, which combines current market intelligence, statistical anecdotes, technology inputs, valuable growth insights, an aerial view of the competitive framework, and future market trends.

616 Corporate Way, Suite 2-9018,
Valley Cottage, NY 10989,
United States
T: +1-347-918-3531
F: +1-845-579-5705
T (UK): + 44 (0) 20 7692 8790
Email:sales@futuremarketinsights.com
Website: www.futuremarketinsights.com

This release was published on openPR.

Permanent link to this press release:

Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.

You can edit or delete your press release Medical Electronics Market to register a healthy CAGR for the forecast period, 2014-2020 here

News-ID: 404369 • Views:

More Releases from Future Market Insights

Global Lithium Ion Battery Separator Market Projected to Reach US$ 3,256.7 Million by 2032
Global Lithium Ion Battery Separator Market Projected to Reach US$ 3,256.7 Milli …
The lithium-ion battery separator is a critical component in lithium-ion batteries, responsible for preventing short circuits and ensuring safe and efficient battery performance. It acts as a physical barrier between the positive and negative electrodes, allowing lithium ions to pass through while blocking the flow of electrons. With advancements in separator technology, these separators play a key role in enhancing battery capacity, cycle life, and overall safety in various applications,
Industrial Drums Market on a Trajectory to Reach US$ 17.6 Billion by 2027, Bolstered by a Robust 7.1% CAGR from 2022
Industrial Drums Market on a Trajectory to Reach US$ 17.6 Billion by 2027, Bolst …
The Industrial Drums Market is experiencing a steady and promising trajectory, with an estimated value of US$ 12.5 billion in 2022, projected to escalate to US$ 17.6 billion by 2027 at a commendable Compound Annual Growth Rate (CAGR) of 7.1%. This growth is substantiated by a 6.6% CAGR in volume during 2022-27, as per Future Market Insights. Anticipated to expand 1.5 times within this period, the market presents alluring prospects for industry
Supermarkets, Convenience Stores, and Eco-friendly Choices Fuel the Expansion of the Metal Cans Industry, Catering to Health-conscious and Environmentally-aware Consumers
Supermarkets, Convenience Stores, and Eco-friendly Choices Fuel the Expansion of …
The metal cans market is predicted to grow at a CAGR of 5% over the forecast period, according to research by Future Market Insights. The industry's estimated value is expected to increase from US$ 56 Bn in 2023 to US$ 91.1 Bn by 2033. The market for metal cans has been driven by the heightened demand for the product in food and beverages industry. Metal cans helps prolong shelf-life of perishable
Folding IBCs Market Poised for Growth: Expected to Reach US$ 528 Million by 2027 with a 4.8% CAGR
Folding IBCs Market Poised for Growth: Expected to Reach US$ 528 Million by 2027 …
The folding intermediate bulk containers (IBCs) market is on a growth trajectory, with an estimated value of US$ 418 million in 2022, projected to reach US$ 528 million by 2027, showcasing a Compound Annual Growth Rate (CAGR) of 4.8%. Remarkably, the China folding IBCs market defied initial pandemic-related skepticism and is anticipated to grow by 6.9% year on year in 2022. Despite global challenges, China's folding IBCs market is poised to contribute

All 5 Releases


More Releases for Medical

ECG Analysis System Market Outlook: 2020 The Year On A Positive Note | GE Medica …
DataIntelo report titled Global ECG Analysis System Market provides detailed information and overview about the key influential factors required to make well informed business decision. This is a latest report, covering the current COVID-19 impact on the market. The pandemic of Coronavirus (COVID-19) has affected every aspect of life globally. This has brought along several changes in market conditions. The rapidly changing market scenario and initial and future assessment of
Medical Tracheostomy Tube Market Overall Study Report 2020-2027 | Players Medtro …
The latest report added by Stratagem Market Insights gives deep insights into the drivers and restraints in the Worldwide Medical Tracheostomy Tube Market. The research report "Global Medical Tracheostomy Tube Market Size and Growth Forecast to 2027" provide a comprehensive take on the overall market. Analysts have carefully evaluated the milestones achieved by the global Medical Tracheostomy Tube market and the current trends that are likely to shape its future.
Global Embolization Particle Market 2019 - Sirtex Medical, Merit Medical, Cook M …
The global "Embolization Particle Market" report delivers a comprehensive and systematic framework of the Embolization Particle market at a global level that includes all the key aspects related to it. The data is collected from different sources allied to the global Embolization Particle market and the research team meticulously analyze the gathered data with the help of various analytical tools and present their opinion based on analysis and calculations. The
Medical Casting & Splinting Market 2019: Top Key players are 3M, DJO Global, BSN …
Medical Casting & Splinting Market 2019 Report analyses the industry status, size, share, trends, growth opportunity, competition landscape and forecast to 2025. This report also provides data on patterns, improvements, target business sectors, limits and advancements. Furthermore, this research report categorizes the market by companies, region, type and end-use industry. Get Sample Copy of this Report@ https://www.researchreportsworld.com/enquiry/request-sample/13718924 Global Medical Casting & Splinting market 2019 research provides a basic overview of
Global Embolization Particle Industry 2018 - Sirtex Medical, Merit Medical, Cook …
The Global Embolization Particle Industry 2018 Market Research Report is a professional and in-depth study on the current state of the Embolization Particle industry. Firstly, Embolization Particle Market report provides a basic overview of the Embolization Particle industry including definitions, classifications, applications and Embolization Particle industry chain structure. Global Embolization Particle Market analysis is provided for the international market including development history, Embolization Particle industry competitive landscape analysis, and major regions
Global Oxygen Pressure Regulator Market 2017 : Precision Medical, Smiths Medical …
Oxygen Pressure Regulator A market study based on the " Oxygen Pressure Regulator Market " across the globe, recently added to the repository of Market Research, is titled ‘Global Oxygen Pressure Regulator Market 2017’. The research report analyses the historical as well as present performance of the worldwide Oxygen Pressure Regulator industry, and makes predictions on the future status of Oxygen Pressure Regulator market on the basis of this analysis. Get Free