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The medical electronics market is expected to grow at a compound annual growth rate of 6.21% over the forecast period to reach US$79.561 billion by 2025, from US$55.425 billion in 2019. Increasing prefence of medical devices in healthcare industry owing to assurance of safety and cost effective are major growth factor of medical electronics market.
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Medical Electronics Market Forecast From 2020 to 2025
DESCRIPTION The medical electronics market is expected to grow at a compound annual growth rate of 6.21% over the forecast period to reach US$79.561 billion by 2025, from US$55.425 billion in 2019. Medical electronic devices like patient monitors and so on are increasingly being sought after by various health care service points. This is due to the growing preference of minimally invasive surgical procedures that are cost-effective, patient-friendly and safe. Thus, increasing preference for minimally invasive surgical procedures is poised to drive the growth of medical electronics market during the forecast period.Further with various healthcare regulations that are put in place by health care regulators are driving the medical electronics market with pertaining to the need of research and development. .
Key Questions Answered By The Report • What will be theMedical Electronics Marketfrom 2020 to 2025? • How are the major drivers and restraints affecting the Medical Electronics Market • growth and the opportunities which exist for key vendors? • Which segment and region will drive or lead the market growth and why? • A comprehensive analysis of competitive landscape and key market participant’s behavior • Key strategies being adopted by vendors, with in-depth analysis along with their impact on competition and market growth
Segments Covered Under Medical Electronics Market are : • By Product Type • Implantable Cardioverter-Defibrillators • Neurostimulation Devices • Pacemakers • Respiratory Care Devices • Surgical Robots • By Diagnostics • CT Scanners • MRI Scanners • Patient Monitoring Devices • PET/CT Devices • Ultrasound Devices • X-ray Devices • By End-user Industry • Ambulatory Surgical Centers • Clinics • Hospital
Geography • North America • United States • Canada • Mexico • Others • South America • Brazil • Argentina • Others
Geography Europe • Germany • France • Italy • United Kingdom • Others Middle East and Africa • Israel • Saudi Arabia • UAE • Others Asia Pacific • Japan • China • India • Others
COMPANY PROFILES • Abbott • Allengers Medical • Boston Scientific • Carestream Health • FUJIFILM Corporation • GE Healthcare • Hitachi High Technologies Corporation • Medtronic • Philips Healthcare • Shimadzu Corporation • Siemens Healthcare • Stryker
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