Product Code: HLC170E
Highlights:
The global market for medical device technologies was valued at $639.1 billion in 2021 and is estimated to grow from $676.0 billion in 2022 to $953.4 billion in 2027 with a compound annual growth rate (CAGR) of 7.1% for the period of 2022-2027.
The global market for cardiovascular medical devices technologies was valued at $38.9 billion in 2021 and is estimated to grow from $41.7 billion in 2022 to $63.2 billion in 2027 with a CAGR of 8.7%for the period of 2022-2027.
The global market for imaging medical devices technologies was valued at $49.3 billion in 2021 and is estimated to grow from $52.7 billion in 2022 to $78.5 billion in 2027 with a CAGR of 8.3% for the period of 2022-2027.
Report Scope:
This report incorporates an in-depth analysis of the medical device technology market, including market estimations and trends through 2020. Major players, competitive intelligence, innovative technologies, market dynamics and regional opportunities are discussed in detail. The report examines recent developments and product portfolios of major players. The patent analysis focuses on technological trends in recent years in regions such as the U.S., Europe and Japan. The report presents a market analysis and estimates the compound annual growth rate (CAGR) for medical device technologies.
The scope of the report extends to only those medical device technologies that generate the most global revenue. Dental device technologies and some imaging devices used in dentistry overlap with other devices that are already covered under the imaging device technologies segments, so these have been excluded.
This report segments the global market by these geographic regions: North America, Europe, Asia-Pacific and the Rest of the World region. For market estimates, data is provided for 2020 as the base year, 2021 and forecast through year-end 2027.
Report Includes:
- 48 data tables and 69 additional tables.
- An up-to-date overview and analysis of the global markets for medical device technologies
- Analyses of the global market trends, with historic sales data for 2020 and 2021, estimates for 2022, and projections of compound annual growth rates (CAGRs) through 2027
- Highlights of the current state and future market potential of medical device technologies, along with a detailed analysis of the competitive environment
- Estimation of the actual market size for medical device technologies, market forecast and corresponding market share analysis by device type and region
- Identification of the key growth driving factors and constraints that will shape the market for medical device technologies as the basis for projecting demand over the next five years (2022-2027)
- Discussion of the industry value chain analysis providing a systematic study of key intermediaries involved, with emphasis on drug delivery devices, urology and renal devices, in vitro diagnostic devices, orthopedic and spine devices, imaging devices, cardiovascular devices, and endoscopy devices
- Highlights of the COVID-19 impact on the medical device technologies market, with pandemic implications on the demand and supply of medical devices, pricing analysis, and govt. strategic decisions to boost the marketplace
- Assessment of the company competitive landscape comprising key market participants, their global market share analysis, product portfolio and recent market developments
- Review of patents issued for medical device technologies across each major category, and emerging developments in the global market
- Descriptive company profiles of the leading global players, including Bayer, 3M, Danaher and Smith & Nephew.
Table of Contents
Chapter 1 Introduction
- 1.1 Study Goals and Objectives
- 1.2 Reasons for Doing This Study
- 1.3 What's New in This Report
- 1.4 Scope of Report
- 1.5 Information Sources
- 1.6 Methodology
- 1.7 Geographic Breakdown
- 1.8 Analyst's Credentials
- 1.9 BCC Custom Research
- 1.10 Related BCC Research Reports
Chapter 2 Summary and Highlights
Chapter 3 Market Overview
- 3.1 Innovation
- 3.2 Current Trends
- 3.2.1 Enhanced Cybersecurity
- 3.2.2 Wearable Fitness Technology
- 3.2.3 Internet of Medical Things
- 3.2.4 Medical Robots
- 3.2.5 3D Printed Objects
- 3.2.6 Device Connectivity
- 3.3 Definition, Evolution and Types
- 3.3.1 Definition
- 3.3.2 Uses of Various Devices
- 3.3.3 Evolution
- 3.3.4 Types
- 3.4 Regulations and Legislation
- 3.4.1 Europe
- 3.4.2 U.S.
- 3.4.3 Japan
- 3.5 Market Dynamics
- 3.5.1 Drivers
- 3.5.2 Restraints
- 3.5.3 Opportunities
- 3.5.4 Strategies
- 3.5.5 Trends
Chapter 4 Impact of COVID-19 Pandemic
- 4.1 Impact of COVID-19 on Medical Device Technologies Market
- 4.1.1 PPE
- 4.1.2 Ventilators
- 4.1.3 Testing Equipment
- 4.1.4 Syringes and Vaccines
Chapter 5 Global Medical Device Technology Market
- 5.1 Overview
- 5.2 Imaging Devices
- 5.2.1 Market Dynamics
- 5.2.2 Magnetic Resonance Imaging (MRI)
- 5.2.3 Ultrasound Technology Market
- 5.2.4 Laser Imaging Market
- 5.2.5 Interventional Radiology Market
- 5.2.6 X-Rays
- 5.2.7 Computed Tomography
- 5.2.8 Nuclear Medicine and Positron Emission Tomography (PET)
- 5.2.9 Point-of-Care Technologies
- 5.3 In Vitro Diagnostic Devices
- 5.3.1 Market Dynamics
- 5.3.2 Immunochemistry
- 5.3.3 Point-of-Care Diagnostic Market
- 5.3.4 Molecular Diagnostics
- 5.3.5 Blood Testing
- 5.4 Cardiovascular Device Market
- 5.4.1 Common Types of CVD
- 5.4.2 Risk Factors for CVD
- 5.4.3 Coronary Blockages
- 5.4.4 Interventional Cardiology Devices
- 5.4.5 Cardiac Rhythm Management Market
- 5.4.6 Cardiac Catheterization Technologies
- 5.5 Orthopedic and Spinal Technologies
- 5.5.1 Market Dynamics
- 5.5.2 Reconstructive Implants
- 5.5.3 Spinal Implants
- 5.5.4 Need for Spinal Implants
- 5.5.5 Trauma Fixation Device Technology Market
- 5.5.6 Orthopedic Robotic Systems
- 5.6 Urology Device Market
- 5.6.1 Market Dynamics
- 5.6.2 Medical Laser Systems for Urology
- 5.6.3 Incontinence Devices
- 5.6.4 Renal Dialysis Device Market
- 5.7 Endoscopy Devices
- 5.7.1 Types
- 5.7.2 Rigid Endoscopes
- 5.7.3 Flexible Endoscopes
- 5.8 Drug Delivery Devices
- 5.8.1 Market Dynamics
- 5.8.2 Infusion Systems
- 5.8.3 Inhalation Devices
- 5.8.4 Needle-Free Injections and Transdermal Systems
Chapter 6 Global Market for Medical Device Technologies by Region
- 6.1 North America
- 6.2 Europe
- 6.3 Asia-Pacific
- 6.4 Rest of the World
Chapter 7 Competitive Landscape
Chapter 8 Company Profiles
- 3M
- ABBOTT LABORATORIES
- AGILENT TECHNOLOGIES
- ARTIVION INC.
- BAYER
- BAXTER INTERNATIONAL
- BECKTON, DICKINSON AND CO.
- BOSTON SCIENTIFIC CORP.
- CARDINAL HEALTH
- DANAHER
- DRAGERWERK AG & CO. KGAA
- DEPUY SYNTHES (J&J)
- ENDOLOGIX
- FRESENIUS
- GENERAL ELECTRIC CO.
- GETINGE AB
- MEDTRONIC PLC
- NOVARTIS AG
- OLYMPUS CORP.
- PHILIPS N.V.( KONINKLIJKE)
- ROCHE DIAGNOSTICS
- SIEMENS HEALTHINEERS
- SMITH & NEPHEW
- STRYKER CORP.
- THERMO FISHER SCIENTIFIC
- ZIMMER BIOMET
Chapter 9 Patent Review/ New Developments