At an incredible 5% CAGR, opportunities and size in the medical field


New Jersey, UK, November 12, 2021 (GLOBE NEWSWIRE) – Facts and Factors has released a new research report titled Medical devices market by device type (orthopedic devices, cardiovascular devices, diagnostic imaging, IVD, MIS, wound management, diabetes care, ophthalmology, dental, nephrology and urology, general surgery and others), by end user (healthcare Home, Hospitals & Clinics & Diagnostic Centers) and By Regions – Global and Regional Industry Outlook, Comprehensive Analysis and Forecast, 2021 – 2026 “ in its research database

“According to the latest research study, the demand for Medical device market size & the share is expected to reach $ 623 billion by 2026 from $ 471 billion in 2020, at a compound annual growth rate (CAGR) of 5% over the forecast period 2021 to 2026 ”

Report overview and coverage

Medical devices are devices that aid and assist physicians and professionals in a wide variety of medical procedures. They often offer caregivers the ability to diagnose and treat patients by adding an additional set of mechanical and optical utilities. Their main function is to offer a better quality of life to the sick patient and to help him overcome a particular illness or disease. Since medical devices are often incorporated into life and death situations, they are carefully vetted to meet the global safety standards of organizations around the world. As such, as a general rule, the more vital the capabilities of the device, the more tests it undergoes before it is approved for use.

Request your Free Sample Global Medical Device Market Report @ https://www.fnfresearch.com/sample/medical-device-market

(The free sample of this report is readily available upon request).

Our free sample report includes:

  • 2020 updated Report Introduction, Industry Overview and In-Depth Analysis
  • Impact analysis of the COVID-19 epidemic included
  • Research report of over 205 pages (inclusion of updated research)
  • Provide chapter-by-chapter guidance on request
  • Updated regional analysis 2020 with graphical representation of size, share and trends
  • Includes updated list of tables and figures
  • The updated report includes major market players with their business strategy, sales volume, and revenue analysis
  • Facts and Factors Research Methodology

(Note: The sample in this report is updated with the COVID-19 impact analysis before delivery)

Major players in the industry market

  • Medtronic
  • Stryker
  • Fresenius SE & CO.
  • Koninklijke
  • F. Hoffman-La Roche Ltée
  • Siemens Healthineers SA
  • Comics
  • Boston Scientific Society
  • Johnson & Johnson Services Inc.
  • Abbott Laboratories
  • Becton
  • Dickinson and company
  • General Electricity Company

Key questions answered in this report:

  • What is the projected market size and growth rate of the Medical Devices market?
  • What are the key factors driving the growth of the Medical Devices market?
  • What are the major companies operating in the Medical Devices market?
  • What segments are covered by the medical devices market?
  • How can I get a free sample Medical Devices Market Report / Company Profile?

Buy a copy of the report directly with TOC @ https://www.fnfresearch.com/buynow/su/medical-device-market

Market growth drivers:

The main drivers of the global medical device market are increasing investments in the sector, coupled with favorable and relaxed medical regulations on the approval and testing of these devices. Other factors include increasing regional support for the establishment and demand for these devices and the slowing of the global economy to post-pandemic levels. Additionally, with the latest trend in wearable medical devices spreading to a larger consumer base, the market is expected to be in a bloated state during the forecast. Moreover, factors relating to the advanced model introduced by major market players, latest features, optimal pricing, and increasing marketing campaigns will propel the growth of the global medical devices market during the forecast period.

Request a personalized copy of the report @ https://www.fnfresearch.com/customization/medical-device-market

(We customize your report to suit your research needs. Ask our sales team to customize the report.)

Global Medical Devices Market: Scope of the Report

Report attribute Details
Market size 2020 value $ 471 billion
Market forecast for 2026 $ 623 billion
Expected CAGR growth CAGR 5% from 2021-2026
Year of reference 2020
Forecast year 2021-2026
Best market players Medtronic, Stryker, Fresenius SE & CO., Koninklijke, F. Hoffman-La Roche Ltd, Siemens Healthineers AG, BD, Boston Scientific Corporation, Johnson & Johnson Services, Inc. and others
Covered segments Device type, end users and region
Geographical areas covered North America, Europe, Asia-Pacific, Latin America, Middle East and Africa
Pricing options Request personalized purchasing options to meet your research needs. Explore purchasing options

Market segmentation

On the basis of device type, the global medical devices market can be broken down into orthopedic devices, cardiovascular devices, diagnostic imaging, IVD, MIS, wound management, diabetes care, ophthalmology, dental, nephrology and urology, general surgery and others. (dental equipment and supplies, patient monitoring devices, anesthesia and breathing machines). In Vitro Diagnostics (IVD) segment is expected to occupy the largest market share during the forecast period owing to factors related to the increasing prevalence of chronic and infectious diseases such as cancer, diabetes and HIV / AIDS , among others. The wound care segment is also expected to occupy a significant market share owing to credit factors such as increased investment by medical device companies for the introduction of the latest iteration of wound care devices and bioactive therapies. on the market.

(You can request a report quote OR available discount offers from our sales team prior to purchase.)

Recent developments

Here are some notable developments in the global medical device market during the forecast:

  • Koniklijke Philips recently acquired the US cardiac diagnostics and monitoring company BioTelemetry in order to aggressively expand into the remote care products business.
  • Smith & Nephew recently worked with Movemedical to expand their portfolio to include automated solutions and improve the customer experience.
  • Koniklijke Philips NV launched the Abdominal Aortic Aneurysm (AAA) model to help physicians take a more user-friendly approach to managing long-term solutions for AAA patients.

Browse the press release on, Global Medical Device Market, 2021-2026

Regional dominance:

  • North America To Show Largest Market Share During Forecast Period

North America is expected to occupy the largest market share over the forecast in terms of global revenue collection, with recent trends indicating that the market will occupy a 35% market share. Factors related to the aggressive market position of the region can be attributed to the increased presence of key players in the region, the increase in healthcare infrastructure, the rapid adoption of advanced medical technologies and the favorable regulations surrounding these devices will stimulate market growth in the Region. Europe is expected to experience the fastest growing CAGR during the forecast period due to a well-established healthcare system and increased adoption of advanced diagnostic and treatment devices, to name only a few.

Browse the full report “Global and regional Medical Devices Market Size Report – Industry Outlook, Comprehensive Analysis and Forecast, 2021-2026 » To https://www.fnfresearch.com/medical-device-market

The overall medical device can be segmented on the basis of:

Global Medical Devices Market: By Type of Device Segment Analysis

  • Orthopedic devices
  • Cardiovascular equipment
  • Diagnostic imaging
  • DIV
  • MIS
  • Wound management
  • Diabetic treatments
  • Ophthalmic
  • Dental
  • Nephrology & Urology
  • General surgery
  • Others
    • Dental equipment and supplies
    • Patient monitoring devices
    • Anesthesia and breathing machines)

Global Medical Devices Market: End User Segment Analysis

  • Home Care
  • Hospitals and clinics
  • Diagnostic centers

For media inquiries, send mail to: [email protected]

More related research reports:

Nasal Filters Market Size and Share Report – Global and Regional Industry Outlook, Comprehensive Analysis and Forecast, 2021-2026

Smart Inhalers Market Size and Share Report – Global and Regional Industry Outlook, Comprehensive Analysis and Forecast, 2021-2026

Medical Fluid Bags Market Size and Share Report – Global and Regional Industry Outlook, Comprehensive Analysis and Forecast, 2021-2026

Medical Ventilators Market Size and Share Report – Global and Regional Industry Outlook, Comprehensive Analysis and Forecast, 2021-2026

3D Printed Medical Implants Market Size and Share Report – Global and Regional Industry Outlook, Comprehensive Analysis and Forecast, 2021-2026

About the facts and factors:

Facts and Factors is a leading market research organization providing industry expertise and scrupulous advisory services to clients for their business development. Facts and Factors reports and services are used by prestigious academic institutions, start-ups and companies around the world to measure and understand changing international and regional business contexts.

The conviction of our clients / clients on our solutions and services has driven us to always offer the best. Our advanced research solutions have helped them make appropriate decisions and guide them in their business expansion strategies.

Follow us on LinkedIn:https://www.linkedin.com/company/fnfresearch

Follow us on twitter : https://twitter.com/fnfresearch

Contact us:

Sanu Thomas

United States: +1 347 690-0211

UK: +44 2032 894158

Japan: +81 50 5806 9039

India: +91 96043 17127

E-mail: [email protected]

The Web: https://www.fnfresearch.com

Blog: http://fnfnewsblog.com

Previous Aaron Beck turned the world of psychiatry upside down
Next Online alternatives for payday loans are becoming more and more available