Medical Electronics Market size worth USD 60 billion by 2023 (1) - PowerPoint PPT Presentation

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Medical Electronics Market size worth USD 60 billion by 2023 (1)


Medical electronics market size is anticipated to reach USD 60 billion by 2023 growing at a CAGR of over 5.5% from 2016 to 2023. Rapid urbanization and increasing healthcare facilities is expected to drive the industry growth. – PowerPoint PPT presentation

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Title: Medical Electronics Market size worth USD 60 billion by 2023 (1)

Medical electronics market size worth USD 60
billion by 2023 growing at CAGR of over 5.5 from
2016 to 2023 Global Market Insights Inc.
Fuel Cell Market size worth 25.5bn by 2024
Regional Analysis of Medical Electronics
  • Asia Pacific medical electronics market is
    projected to witness significant growth owing to
    rapidly growing population, improving healthcare
    infrastructure as well as infrastructure in the
    developing countries such as India and China.
  • North America is anticipate to be the largest
    market these electronic systems owing to
    supportive government regulations, favourable
    reimbursement policies, high healthcare
    expenditure, strong patient awareness and
    progressive healthcare technology.

  • Application Analysis of Medical Electronics
  • Health monitoring devices such as cardiac
    monitors as well as hemodynamic monitors are
    anticipated to experience surge due to its
    increasing applications in medical monitoring
    sector. Increasing consciousness about healthcare
    delivery systems along with rapidly growing
    population and escalating middle class income are
    expected to propel the industry growth over the
    forecast period.
  • Factors such as lack of standard terminologies,
    decrease in productivity of medical
    professionals, issues related to violation of
    patient data security as well as significant
    learning difficulties are estimated to hamper the
    medical electronics market growth.
  • Medical electronics offer various benefits such
    as increased output accuracy, improved quality of
    healthcare, remote health data availability, easy
    to update patient electronic records increased
    level of patient experience and precise billing
    mechanism. Next generation technologies namely
    bio-sensors embedded in drugs, wireless body
    networks, micro fluids nano electro mechanical
    systems and micro electro mechanical systems are
    forecast to provide potential growth

Competitive Market Share of Medical Electronics
  • Major industry participants in medical
    electronics market share include GE Healthcare,
    Siemens AG, Texas Instruments Incorporated, Maxim
    Integrated, STMicroelectronics N.V., ON
    Semiconductor Corporation, Renesas Electronics
    Corporation and Freescale Semiconductor Inc.,
    Analog Devices, Angiotech Pharmaceuticals, Inc.,
    Fairchild Semiconductor International, Inc. and
    Cypress Semiconductor Corporation among others.


Browse Full Market Research Report On Medical
Electronics Market _at_ https//
ndustry-analysis/medical-electronics-market Requ
est for an in-depth table of contents for this
report _at_ https//
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