Tag: Medical Device Technologies Market

Product Innovations and Advancements in Technology to Boost Medical Device Technologies Market Growth

Post author By administrator
Post date December 9, 2021

The medical device technologies market is anticipated to expand moderately at a CAGR of 4.6% during the forecast period (2020-2025). It is expected to be valued at US$ 563 Bn by 2025. Over the years, preference for minimally invasive (MI) and non-invasive diagnostic tools has been on a significant rise.

Today, MI procedures are gaining traction, particularly in the treatment of cancer, especially for treating solid tumors. These procedures cause minimal complications, reduce the risk of infections, cause less pain, and have faster recovery time. Such advantages have increased their adoption, and in turn boost growth prospects of the medical device technologies market.

The Demand analysis of Medical Device Technologies Market offers a comprehensive analysis of diverse features, demand, product developments, revenue generation, and sales of Medical Device Technologies Market across the globe.

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Medical Device Technologies Market: Segmentation

Fact.MR has studied the medical device technologies market with detailed segmentation on the basis of device type, end-user and region.

Device Type

In-Vitro Diagnostic (IVD) Devices
Cardiology Devices
Diagnostic Imaging Devices
Orthopedic Devices
Ophthalmoogy Devices
Endoscopy Devices
Diabetes Care Devices
Wound Management Devices
Kidney/Dialysis Devices
Anesthesia and Respiratory Care Devices
Others

End-user

Academics & Research
Hospitals
Clinics
Diagnostic Centers
Ambulatory Surgery Centers
Others

Region

North America
Europe
Asia Pacific
Latin America
Middle East & Africa (MEA)

“This taxonomy prepared is confidential and intended exclusively for the individual or entity with whom it is being shared. Reading, disseminating, distributing, or copying this to any party other than addressee(s) is unauthorized and prohibited.”

A comprehensive estimate of the Medical Device Technologies market has been provided through an optimistic scenario as well as a conservative scenario, taking into account the Sales of Medical Device Technologies during the forecast period. Price point comparison by region with the global average price is also considered in the study.

The Market survey of Medical Device Technologies offers a comprehensive analysis of diverse features, including production capacities analysis of Medical Device Technologies, demand, product developments, revenue generation, and Size of Medical Device Technologies Market across the globe.

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Some Notable Offerings by Fact.MR Report on Medical Device Technologies market:

We will provide you an analysis of the extent to which this Medical Device Technologies market research report acquires commercial characteristics along with examples or instances of information that helps you to understand it better.
We will also help to identify customary/ standard terms and conditions, as offers, worthiness, warranty, and others.
Also, this report will help you to identify any trends to forecast growth rates.
The analyzed report will forecast the general tendency for supply and demand.

Some of the Medical Device Technologies Market insights and estimations that make this study unique in approach and effective in guiding stakeholders in understanding the growth dynamics. The study provides:

Details regarding latest innovations and development in Medical Device Technologies and how it is gaining customer traction during the forecast period.
Analysis about the customer demand of the products and how it is likely to evolve in coming years.
Latest regulations enforced by government bodies and local agencies and their impact on Demand of Medical Device Technologies Market .
Insights about adoption of new technologies and its influence on the Medical Device Technologies market Size.
Overview of the impact of COVID-19 on Medical Device Technologies Market and economic disruptions caused by the pandemic.
Evaluates post-pandemic impact on the Sales of Medical Device Technologies Market during the forecast period.

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After reading the Market insights of Medical Device Technologies Report, readers can:

Understand the drivers, restraints, opportunities and trends affecting the Sales of market.
Analyze key regions holding significant share of total Medical Device Technologies market revenue.
Study the growth outlook of Medical Device Technologies market scenario, including production, consumption, history and forecast.
Learn consumption pattern and impact of each end use & supply side analysis of Medical Device Technologies market.
Investigate the recent R&D projects performed by each market player & competitive analysis of Medical Device Technologies Market Players.

How Fact.MR Assists in Making Strategic Moves For Medical Device Technologies Market Manufacturer?

The data provided in the Medical Device Technologies market report offers comprehensive analysis of important industry trends. Industry players can use this data to strategize their potential business moves and gain remarkable revenues in the upcoming period.
The report covers the price trend analysis and value chain analysis along with analysis of diverse offering by market players. The main motive of this report is to assist enterprises to make data-driven decisions and strategize their business moves.

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Tags Medical Device Technologies Market, Medical Device Technologies Market Analysis, Medical Device Technologies Market forecast, Medical Device Technologies Market Key players, Medical Device Technologies Market Price, Medical Device Technologies Market Share, Medical Device Technologies Market Size, Medical Device Technologies Market Trend

Pharmaceutical

Demand for Medical Device Technologies Market to Expand at 4.6% CAGR Through 2025

Post author By administrator
Post date September 29, 2021

The medical device technologies market is poised to embark on a moderate growth trajectory, expanding at a CAGR of 4.6% during the period (2020-2025). Rising preference for minimally invasive surgeries is anticipated to fuel the market growth in the future. Such procedures are increasingly utilizing technologies such as robotics to achieve precision in surgical operations. In addition, the usage of medical images has augmented within all health systems. Various imaging modalities such as projection radiography, MRI, CAD/CAM technology and CT scanning techniques provide relevant patient information. Also, platforms such as implantable miniature telescopes, smart adapter and premium intraocular lenses (IOLs) have revolutionized domains such as ophthalmology.

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The onset of the coronavirus pandemic, however, is anticipated to downsize the medical device technologies market during the short-term forecast. As healthcare providers are reorienting their operations towards the eradication of the pandemic, other elective procedures have taken a backseat. This is expected to reduce the demand for technologically enhanced devices for the same. However, the market will accelerate in high gear in the post-pandemic scenario when healthcare operations revert to a normal scale.

Key Takeaways of the Medical Device Technologies Market Study

By device type, sales of diabetes care devices show healthy growth, registering a CAGR of 6.0% during the forecast period. This is attributed to growing proportion of diabetic population across the world.
Adoption of medical device technologies in hospitals continues to influence growth strategies, capturing more than 30% of the total market revenue.

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Rising investment in healthcare infrastructure has led to an increase in the number of hospitals constructed to provide advanced medical treatment. This is anticipated to be an important growth determinant.
By region, North America will maintain lead in the medical device technologies market, capturing almost 2/5^th of the global market value.
Asia-Pacific is expected to create credible growth opportunities for key players, with the market growth expanding at a CAGR of 6.6% through 2025.
Increasing prevalence of chronic diseases and rising geriatric population are driving market expansion across both regions.’

Medical Device Technologies Market: Segmentation

Fact.MR has studied the medical device technologies market with detailed segmentation on the basis of device type, end-user and region.

Device Type	In-Vitro Diagnostic (IVD) Devices Cardiology Devices Diagnostic Imaging Devices Orthopedic Devices Ophthalmoogy Devices Endoscopy Devices Diabetes Care Devices Wound Management Devices Kidney/Dialysis Devices Anesthesia and Respiratory Care Devices Others
End-user	Academics & Research Hospitals Clinics Diagnostic Centers Ambulatory Surgery Centers Others

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Medical Device Technologies Market: Competition Insights

The medical devices technologies market shows a high level of fragmentation, with a growing number of market players competing to collaborate with hospitals, clinics and research institutes. The degree of competition is high due to low switching costs by hospitals and the availability of similar products from different companies.

Some prominent players in the medical device technologies market are: Medtronic plc, Johnson & Johnson, Siemens Healthineers, GE Healthcare, F. Hoffmann La Roche Ltd., Phillips Healthcare, Baxter International, Boston Scientific Corporation, Abbott Laboratories and Cardinal Health among others.

Market players are focusing in product differentiation and reduced time-to-market for their products. For instance, structural heart therapy offered by Boston Scientific Corporation is one of the most rapidly growing segments of the medical devices technologies market. The segment is highly synergistic with rhythm management and interventional cardiology business. Likewise, Baxter International is in the process of launching about 50 products in the next five years which includes acute and renal care products with enhanced technological improvements.

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Market research and consulting agency with a difference! That’s why 80% of Fortune 1,000 companies trust us for making their most critical decisions. While our experienced consultants employ the latest technologies to extract hard-to-find insights, we believe our USP is the trust clients have on our expertise. Spanning a wide range – from automotive & industry 4.0 to healthcare & retail, our coverage is expansive, but we ensure even the most niche categories are analyzed. Our sales offices in United States and Dublin, Ireland. Headquarter based in Dubai, UAE. Reach out to us with your goals, and we’ll be an able research partner.

Contact:

US Sales Office:
11140 Rockville Pike
Suite 400
Rockville, MD 20852
United States
Tel: +1 (628) 251-1583

Corporate Headquarter:
Unit No: AU-01-H Gold Tower (AU),
Plot No: JLT-PH1-I3A,
Jumeirah Lakes Towers,
Dubai, United Arab Emirates
Email: sales@factmr.com
Visit Our Website: https://www.factmr.com

Tags Medical Device Technologies Market, Medical Device Technologies Market Analysis, Medical Device Technologies Market Demand, Medical Device Technologies Market Estimate, Medical Device Technologies Market forecast, Medical Device Technologies Market Insights, Medical Device Technologies Market Scope, Medical Device Technologies Market Share, Medical Device Technologies Market Size, Medical Device Technologies Market Statistics, Medical Device Technologies Market Trends

Pharmaceutical

Medical Device Technologies Market is expected to be valued at US$ 563 Bn by 2025

Post author By administrator
Post date August 4, 2021

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Key Takeaways of the Medical Device Technologies Market Study

By device type, sales of diabetes care devices show healthy growth, registering a CAGR of 6.0% during the forecast period. This is attributed to growing proportion of diabetic population across the world.
Adoption of medical device technologies in hospitals continues to influence growth strategies, capturing more than 30% of the total market revenue.
Rising investment in healthcare infrastructure has led to an increase in the number of hospitals constructed to provide advanced medical treatment. This is anticipated to be an important growth determinant.
By region, North America will maintain lead in the medical device technologies market, capturing almost 2/5^th of the global market value.
Asia-Pacific is expected to create credible growth opportunities for key players, with the market growth expanding at a CAGR of 6.6% through 2025.
Increasing prevalence of chronic diseases and rising geriatric population are driving market expansion across both regions.

“Significant technological advancements in medicine have necessitated adoption of sophisticated medical devices to aid surgical procedures. Rising demand for minimally invasive surgeries to reduce patient trauma is anticipated to fuel the market growth,” says the Fact.MR analyst.

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Medical Device Technologies Market: Competition Insights

global medical device technologies market growth forecast by device type

Medical Device Technologies Market- Driving Factors

Expansion of the global geriatric population, coupled with the higher incidences of chronic ailments are major market drivers.
Investments by medical technology companies towards research and development support market developments.
Faster approvals by regulators to bring products into the market support revenue prospects for market players.

Medical Device Technologies Market- Major Restraints

Technical complexity and prohibitive pricing are challenges for many medical device technologies.
Strict regulations governing the approval of medical device tech restrains market growth.

Get More Insights- https://www.accesswire.com/604475/Medical-Device-Technologies-Market-to-Witness-Moderate-Slump-in-Demand-Owing-to-Restrictions-on-Elective-Healthcare-During-Covid-19-Crisis-Says-FactMR

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The research study on the medical device technologies market by Fact.MR incorporates an unbiased assessment of key factors and trends responsible for shaping the landscape of the medical device technologies market over 2020-2025. It includes a detailed assessment of key parameters that are anticipated to exert influence during 2020-2025. Market statistics have been presented on the basis of device type (in-vitro diagnostic (IVD) devices, cardiology devices, diagnostic imaging devices, orthopedic devices, ophthalmology devices, endoscopy devices, diabetes care devices, wound management devices, kidney/dialysis devices, anesthesia and respiratory care devices and others) and end-users (academics and research, hospitals, clinics, diagnostic centers, ambulatory surgery centers and others) across five major regions.

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United States
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Tags Cardiology Devices market, Endoscopy Devices market, Medical Device Technologies Market, Medical Device Technologies Market drivers, Medical Device Technologies Market forecast, Ophthalmology Devices market