Global Medical Devices Market Competitive Strategies and Forecasts to 2031


Posted November 14, 2022 by ramtbrc

The global medical devices market reached a value of nearly $456.8 billion in 2020, having increased at a compound annual growth rate (CAGR) of 3.5% since 2015.

 
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The Medical Devices Global Market Report 2022-31 by The Business Research Company describes and explains the global medical devices market and covers 2016 to 2021, termed the historic period, and 2022 to 2026, termed the forecast period, along with further forecasts for the period 2026-2031. The report evaluates the market across each region and for the major economies within each region.

The Medical Devices Global Market Opportunities And Strategies Report covers medical devices market drivers, medical devices market trends, medical devices market segments, medical devices market growth rate, medical devices market major players, medical devices market size and a special focus on identifying the trends, opportunities, and strategies that can lead to success.

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The Medical Devices Global Market Opportunities And Strategies Report is the most comprehensive report available on this market and will help gain a truly global perspective as it covers 60 geographies in detail. O&S reports are available off the shelf and can be delivered to clients on the day of purchase. The chapter on the impact of COVID-19 gives valuable insights on supply chain disruptions, logistical challenges, and other economic implications of the virus on the market. The chapter also covers markets which have been positively affected by the pandemic.

View more on the Medical Devices Market Report:
https://www.thebusinessresearchcompany.com/report/medical-devices-market

A key medical devices market trend:
In the wake of the coronavirus pandemic, medical technologies such as wearables are becoming commonplace. The need to diagnose, treat and monitor patients without human contact has risen, to contain the spread of COVID-19, resulting in increased applications of medical technologies which will enable medical professionals to remotely treat their patients. Some such technologies are the applications of artificial intelligence (AI) in the care of people, wearable medical equipment, remote patient monitoring devices, electronic health records (EHR), etc. These medical technological solutions allow for contactless monitoring of patients, either in their homes or in hospitals, which is essential in containing COVID-19. For example, by maintaining the EHRs of a patient, doctors and patients alike are excused from handling traditional paperwork which is passed through many individuals involved in the treatment and can easily view the data on their own devices.

The report covers the medical devices market segments:
1) By Type Of Device: In-Vitro Diagnostics, Dental Equipment, Ophthalmic Devices, Diagnostic Equipment, Hospital Supplies, Cardiovascular Devices, Surgical Equipment, Patient Monitoring Devices, Orthopedic Devices, Diabetes Care Devices, Nephrology And Urology Devices, ENT Devices, Anesthesia And Respiratory Devices, Neurology Devices, Wound Care Devices
2) By Type Of Expenditure: Public, Private
3) By End User: Hospitals And Clinics, Homecare, Diagnostics Centers

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Last Updated November 14, 2022