Global Medical Device Technologies Market Outlook Report 2017 - 2023
Posted by Bharat Book on February 23rd, 2018
Bharat Book Bureau Provides the Trending Market Research Report on Global Medical Device Technologies Market Opportunity Analysis And Industry Forecast 2017 – 2023 under Life Science category. The report provides information on industry overview, market size, latest developments, industry trends, Key players, global presence, and their future prospects.
Medical Device Technologies Market : An article, instrument, apparatus or machine that is used in the prevention, diagnosis or treatment of illness or disease, or for detecting, measuring, restoring, correcting or modifying the structure or function of the body for some health purpose is known as a medical device. Typically, the purpose of a medical device is not achieved by pharmacological, immunological or metabolic means.” Medical devices require maintenance, calibration, user training, decommissioning and repair which are predominantly handled by the clinical engineers. Medical devices are used for certain purposes of treatment, rehabilitation and diagnosis of diseases or injuries may be used alone or in association with any other accessories, consumables or other medical equipment.
Global Medical Device Technologies Market
Increase in advanced technologies, rise and prevalence of chronic diseases such as cardiovascular diseases, cancer, and COPD are expected to create demand for medical device technologies market. Rise in an ageing population, a high need of preventive health care, a rise in awareness about health concerns and changes in lifestyles of people are few factors which are expected to propel the growth of global medical devices technologies market. However, stringent government regulations, increased taxes on the products, increase in technology piracy incidence rate, a rise in the cost of devices and services are restraints of the market.
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Medical device technologies market is segmented on basis of type of devices, application, end users and geographical regions.
Based on the type of devices, the global medical device technologies market is segmented
Medical Device Technologies Market is segmented as North America, Asia-Pacific, Europe, the Middle East & Africa, and Latin America. North America followed by Europe, are the dominating market medical device technologies market owing to advancements in the technologies, and the region is being the residence for the many major companies. Asia-Pacific is accounted as emerging region due to robust growth in economy forecasted in some of the Asian countries such as Japan, China, India and Malaysia. As per China pharmaceutical materials association medical device branch, China’s medical devices market size is anticipated to Mn by 2015 and according to statistics from china chamber of commerce for export and import of medicines and health products (CCCMHPIE) the export and import value of medical equipment of China has reached Bn in 2013.
Some of the players in global medical device technologies market are Becton, Dickinson and Company (U.S), Abbott Laboratories, Inc. (U.S), bioMerieux, Inc. (France), Biomerica, Inc.(the USA), Novartis AG(Switzerland), Olympus Corporation (Japan), Johnson & Johnson Diagnostics, Inc. (the USA), Qiagen N.V. (Germany), Siemens AG (Germany), and Thermo Fischer Scientific, Inc. (the USA).
In 2016, Abbott Laboratories received European CE mark for the FreeStyle Libre Flash glucose monitoring system to treat diabetes in children and teens.
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Joined: August 18th, 2017
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