Top 10 Medical Device Technologies Market Expected to Reach 428.97 Billion USD by 2020 - PowerPoint PPT Presentation

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Top 10 Medical Device Technologies Market Expected to Reach 428.97 Billion USD by 2020

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The global top 10 medical device technologies market is estimated to reach USD 428.97 Billion by 2020, growing at a CAGR of 5.5% during the forecast period (2015 to 2020). This market is mainly driven by the rising prevalence of chronic diseases and related increase in disability-adjusted life years (DALYs), technological advancements in medical devices, and growing aging population. – PowerPoint PPT presentation

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Title: Top 10 Medical Device Technologies Market Expected to Reach 428.97 Billion USD by 2020


1
MarketsandMarkets Presents
Top 10 Medical Device Technologies Market worth
428.97 Billion USD by 2020
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2
The report "Top 10 Medical Device Technologies
Market by Type (IVD, Cardiology, Diagnostic
Imaging, Orthopedics, Ophthalmology, Endoscopy,
Diabetes Care, Wound Management, Kidney/Dialysis,
and Anesthesia Respiratory Care Devices) -
Global Forecast to 2020", The Global Top 10
Medical Device technologies Market is Poised to
Reach USD 428.97 Billion by 2020. Browse 321
market data tables and 57 figures spread through
383 pages and in-depth TOC on Top 10 Medical
Device Technologies Market by Type (IVD,
Cardiology, Diagnostic Imaging, Orthopedics,
Ophthalmology, Endoscopy, Diabetes Care, Wound
Management, Kidney/Dialysis, and Anesthesia
Respiratory Care Devices) - Global Forecast to
2020 http//www.marketsandmarkets.com/Market-Rep
orts/top-10-medical-device-technologies-96.html
 
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3
Early buyers will receive 10 customization on
this report.

 
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  • The growth in the top 10 medical devices industry
    is mainly driven by the rising prevalence of
    chronic lifestyle diseases like cardiovascular,
    diabetes, hypertension, cancer, and respiratory
    problems. Similarly, the rising acceptance of
    newer technologies by physicians hospitals and
    growing geriatric population are also driving the
    overall growth of the top 10 medical devices
    market. However, factors such as uncertainty in
    reimbursement and the imposition of the medical
    device excise tax in the U.S. are restraining the
    growth of this market.


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  • In this report, the top 10 medical device
    technologies market is segmented on the basis of
    type and region. On the basis of type, the market
    is segmented into IVD devices, cardiology
    devices, diagnostic imaging devices, orthopaedic
    devices, ophthalmology devices, endoscopy
    devices, diabetes care devices, wound management
    devices, kidney/dialysis devices, and anesthesia
    respiratory care devices.


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  • In 2014, the IVD devices segment accounted
    for the largest share17.1of the global top 10
    medical device technologies market, and is poised
    to grow at a CAGR of 5.8 during the forecast
    period. The large share of this segment is mainly
    attributed to the prevalence of diabetes,
    cardiovascular diseases, and cancer. Similarly,
    the rising incidence of respiratory infections,
    hospital-acquired infections, other infectious
    diseases, and sexually transmitted diseases are
    also driving the growth of this market.


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  • However, anesthesia and respiratory care devices
    is the fastest-growing segment during the
    forecast period, growing at a CAGR of 8.7. This
    segment accounted for a share of 6.7 of the
    global top 10 medical device technologies market
    in 2014.

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  • Geographically, North America accounted for the
    largest share of 39.7 of the top 10 medical
    device technologies market in 2014, followed by
    Europe, Asia-Pacific, Latin America, and the
    Middle East Africa. The large share of North
    America in the global top 10 medical device
    technologies market is mainly attributed to
    greater accessibility to advanced technologies,
    rising prevalence of chronic lifestyle diseases,
    rising geriatric population, increasing number of
    surgical procedures, increasing acceptance of
    personalized medicine, and established
    distribution channels in this region as compared
    to Europe and APAC.

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  • However, the Asia-Pacific region is expected to
    be the fastest-growing top 10 medical device
    technologies market during the forecast period.
    Growing population in countries like China and
    India, rapid growth in geriatric population,
    improving healthcare infrastructure, growing per
    capita income, and rising focus of key market
    players on this region are contributing to the
    growth of the top 10 medical device technologies
    market in the APAC region during the forecast
    period.

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  • The global top 10 medical device technologies
    market is fragmented in nature. Prominent players
    in this market include Johnson Johnson (U.S.),
    GE Healthcare (U.K.), Siemens Healthcare
    (Germany), Medtronic (U.S.), Philips Healthcare
    (Netherlands), Roche Diagnostics (Switzerland),
    Abbott Laboratories Inc. (U.S.), Smith Nephew
    plc (U.K.), Stryker Corporation (U.S.), and
    Boston Scientific Corporation (U.S.).

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  • The leading players in this market have built a
    strong market position over the years by focusing
    on new product launches agreements,
    collaborations, and partnerships and expanding
    their geographic presence in emerging markets in
    order to widen their revenue streams. These still
    remain the actively adopted strategies by leading
    players in this market, in order to achieve
    sustainable revenue growth in the competitive top
    10 medical devices market.

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Contact Us
Contact Mr. Rohan Markets and Markets UNIT no
802, Tower no. 7, SEZ Magarpatta city,
Hadapsar Pune, Maharashtra 411013,
India 1-888-600-6441 Email sales_at_marketsandmarket
s.com
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About MarketsandMarkets
MarketsandMarkets is a global market research and
consulting company based in the U.S. We publish
strategically analyzed market research reports
and serve as a business intelligence partner to
Fortune 500 companies across the
world. MarketsandMarkets also provides
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automation, medical devices, pharmaceuticals,
semiconductor and electronics, and
telecommunications and IT. We at
MarketsandMarkets are inspired to help our
clients grow by providing apt business insight
with our huge market intelligence repository.
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