Medical Electronics Market to be Dominated by North America with a Share of 37.12% in 2020 | TechSci Research

Posted March 10, 2021 by TechSci_Research

Rising geriatric populations coupled with growing technological advancements to drive global medical electronics market through 2026 

Rising geriatric populations coupled with growing technological advancements to drive global medical electronics market through 2026 

According to TechSci Research report, “Global Medical Electronics Market By Product Type (Therapeutic and Diagnostics), By End-User (Hospitals, Ambulatory Surgical Centers, Clinics & Others), By Region, Competition, Forecast & Opportunities, 2026”, global medical electronics market stood at USD71.93 billion in 2020 and is projected to grow at a steady rate of around 7.17% and reach USD94.86 during the forecast period on account of surging demand for easy to use, personalized and advanced healthcare devices. Moreover, rising adoption of advanced technologies for diagnosis and treatment backed by surging community healthcare centers is further propelling growth in global medical electronics market. Additionally, growing preference for minimally invasive surgical procedures is further expected to create lucrative opportunities for the market growth through 2026. However, high cost of therapeutic devices such as pacemakers and costs incurred with diagnostic procedures such as MRI, PET/SPECT and CT Scan can hamper the market growth through 2026.

Browse 126 Figures spread through 110 Pages and an in-depth TOC on " Global Medical Electronics Market "

Global medical electronics market can be segmented based on product type and end user. Among end users, hospitals acquired the market share of around 36.66% in 2020 and the segment is expected to continue its dominance during forecast period as well owing to increasing prevalence of diseases which have resulted in rising number of hospital admissions. Moreover, hospitals in the developing and developed economies are well equipped with highly efficient medical electronic devices, thereby contributing to the growth of hospital segment in global medical electronics market.

Download Sample Report  @
Customers can also request for 10% free customization on this report.

“North America dominates global medical electronics market owing to favorable reimbursement policies, advanced healthcare technology and supportive regulations by the governments of various economies in the region. However, Asia-Pacific is expected to grow at impressive CAGR during forecast period owing to surging cases of respiratory diseases and rising geriatric population in the region especially India and China is expected to spur the market growth over the next few years.” said Mr. Karan Chechi, Research Director with TechSci Research, a research based global management consulting firm.

“Global Medical Electronics Market By Product Type (Therapeutic and Diagnostics), By End-User (Hospital, Ambulatory Surgical Centers, Clinics & Others), By Region, Competition, Forecast & Opportunities, 2026” has evaluated the future growth potential of global medical electronics market and provides statistics & information on market size, structure and future market growth. The report intends to provide cutting-edge market intelligence and help decision makers take sound investment decision. Besides, the report also identifies and analyzes the emerging trends along with essential drivers, challenges and opportunities in the global medical electronics market.

Browse Other Market Research Reports:

Global Healthcare Robotics Market By Type (Surgical, Non-Surgical {Hospital Logistics Robots, Rehabilitation Robots, Robot Nurses, Telepresence Robots, Nanorobots, Diagnostic Robots, Radiotherapy Robots}), By Product (Da Vinci, Monarch, Ion, Navio, Mako Magellan Robotics system, Sensei X Robotics System, Cyber Knife, TUG and others), By Application (Colorectal, Gynaecology, Urology, Prostrate; Others), By End User (Hospitals and Clinics, Speciality Centres, Rehabilitation Centres, Others), By Region, Forecast & Opportunities, 2025 

Global Human Insulin Market By Indication (Type I Diabetes, Type II Diabetes), By Brand (Lantus, Humulin R, Novolin R, Humulin N, Exubera, Afrezza, Novolin N), By Route of Administration (Subcutaneous, Transdermal, Nasal, Intravenous, Oral and Others), By Type (Basal, Bolus, Pre-mixed, Biosimilar, Traditional), By Onset Time (Rapid acting, Short-acting, Intermediate acting, Long acting, Pre-Mixed, Inhaled, Ultra-long Acting), By Products (Insulin Pens, Insulin Pumps, Infusion System, Injections), By Region, Forecast & Opportunities, 2025 

Global Blood Bags Market By Product (Single Blood Bag, Double Blood Bag, Triple Blood Bag, Quadruple Blood Bag, Penta Blood Bag), By Type (Collection Bag, Transfer Bag), By Volume (100ml,150ml, 250ml, 300ml, 350ml, 400ml, 450ml, 500ml), By Material (PVC, PET, Others), By End-User (Hospitals, Clinics, Ambulatory Surgical Center, Blood Banks, Others), By Region, Competition, Forecast & Opportunities, 2025

United States Skin Care Market By Product Type (Face Care Vs Body Care), By Origin (Conventional & Organic), By Distribution Channel (Beauty Parlours/Salons, Multi Branded Retail Stores, Online Channels, Supermarkets/Hypermarkets, Exclusive Retail Stores & Others), By Region, Forecast & Opportunities, 2025

Europe Biosimilar Insulin Glargine & Lispro Market By End User (Type 1 Diabetes and Type 2 Diabetes),By Country (Germany, United Kingdom, France, Italy, Spain, Russia, Turkey, Poland, The Netherlands, Austria & Rest of Europe), Competition, Forecast & Opportunities, 2024

About TechSci Research

TechSci Research is a leading global market research firm publishing premium market research reports. Serving 700 global clients with more than 600 premium market research studies, TechSci Research is serving clients across 11 different industrial verticals. TechSci Research specializes in research based consulting assignments in high growth and emerging markets, leading technologies and niche applications. Our workforce of more than 100 fulltime Analysts and Consultants employing innovative research solutions and tracking global and country specific high growth markets helps TechSci clients to lead rather than follow market trends.

Mr. Ken Mathews
708 Third Avenue,
Manhattan, NY,
New York – 10017
Tel: +1-646-360-1656
Email: [email protected]
-- END ---
Share Facebook Twitter
Print Friendly and PDF DisclaimerReport Abuse
Contact Email [email protected]
Issued By TechSci Research
Phone +1-646-360-1656
Business Address 708 3RD Avenue, 6th Floor
United States,
Country United States
Categories Business , Health , Medical
Tags TechSci , market research , market research reports , Global Medical Electronics Market , Medical Electronics Market , Medical Electronics Market Size , Medical Electronics Market Forecast , Medical Electronics Market Report
Last Updated March 10, 2021