An exciting new study from the team of Lucintel found that medical device market is expected to reach $466.5 billion by 2027 with a CAGR of 4.9%. There are significant money making opportunities available in this market and companies planning to enter this market need to differentiate in order to maximize their return on investment.
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The medical device
market is segmented based on application, function, end use, and region. In
this market, cardiovascular devices is expected to remain the largest
application, and surgical segment is expected to remain the largest function.
Players can benefit from the available opportunities like a large target patient
pool coupled with a high adoption rates for advanced treatments in this region.
Increasing use of
AI-Optimized medical devices, increasing acceptance of wearable medical
devices, growing use of miniaturized medical devices, and growing adoption
3D-Printing in medical devices are emerging trends having impact on dynamics of
the industry.
Medtronic, Johnson &
Johnson, GE Healthcare, Siemens, and Cardinal Health are some of the major
players profiled in this 202 page report.
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Some of the Key Questions answered in this exclusive report are:
Q.1 What are some of the
most promising, high-growth opportunities for the medical device market by application
(surgical and infection control devices, general medical devices,
cardiovascular devices, orthopedic devices, home healthcare devices, and other
devices), by function (diagnostic and monitoring, therapeutic, surgical and
other devices), by end use (homecare medical device and hospital and ambulatory
care medical device), and by region (North America, Europe, Asia Pacific, and
the Rest of the World)?
Q.2 Which segments will
grow at a faster pace and why?
Q.3 What are the
business risks and threats to the medical device market?
Q.4 What are some
changing demands of customers in the medical device market?
Q.5 What are the new
developments in the medical device market? Which companies are leading these
developments?
Q.6 What strategic
initiatives are being implemented by key players for business growth?
Q.7 What are some of the
competitive products and processes in this medical device area and how big of a
threat do they pose for loss of market share via product substitution?
Q.8 What M&A
activity has occurred in the last 5 years in this medical device market?
This unique report from Lucintel will enable you to make
confident business decisions in this globally competitive marketplace. For a
detailed table of contents, contact Lucintel at +1-972-636-5056 or click on
this link helpdesk@lucintel.com.
About Lucintel
Lucintel,
the premier global management consulting and market research firm, creates
winning strategies for growth. It offers market assessments, competitive
analysis, opportunity
analysis, growth
consulting, M&A, and due diligence services to executives and
key decision-makers in a variety of industries. For further information, visit www.lucintel.com.
Brandon Fitzgerald
Lucintel
Dallas, Texas,
USA
Email: brandon.fitzgerald@lucintel.com
Tel. 972.636.5056
Cell: 303.775.0751
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