According to Goldstein Research, global medical device market is expected to reach USD 532.2 billion by 2024 from USD 380.0 billion in 2016, growing at a CAGR of 4.3% over the forecast period 2016-2024. Consumer awareness is the key factor to drive the global market for the medical device. Increasing market competitiveness and scope of strengthening the infrastructure facilities is likely to raise investment in medical industry. Global medical device market segmentation has been done on the basis of medical device type and geography. The major share of market is occupied by manufacturing industries of medical devices in the U.S. where surgical devices has captured largest share of the market accounted for about 30% of VOS (value of shipment).

Global medical device industry is largely dominated by North America, acquiring approximately 40% revenue share in 2016 and is anticipated to continue its dominance over global medical device market due to large number of ageing residents with multiple chronic health issues. North America is followed by Europe which has their focus entirely on innovative products and services.

Download Exclusive Sample Report: https://www.goldsteinresearch.com/request-sample/global-medical-device-market-outlook-2024-global-opportunity-and-demand-analysis-market-forecast-2016-2024

Market Segmentation

On the basis of our in-depth analysis, Global Medical Device Market can be segmented as follows:

Based on Medical Device Type

o Surgical and Infection Control Medical Devices
o Cardiovascular Medical Devices
o General Medical Devices
o Home HealthCare Medical Devices
o Other Medical Device (Wearable)

By Region

o North America (US, Canada) {Market Share (%), Market Size (USD Billion, Adoption Rate (%)}
o Europe (UK, France, Italy, Germany, Spain, Hungary, Sweden, Russia, Poland and Rest of Europe) {Market Share (%), Market Size (USD Billion), Adoption Rate (%)}
o Middle East and Africa (GCC Countries, North Africa, South Africa and Rest of Middle East & Africa) {Market Share (%), Market Size (USD Billion), Adoption Rate (%)}
o Latin America (Brazil, Mexico and Rest of Latin America) {Market Share (%), Market Size (USD Billion), Adoption Rate (%)}
o Asia Pacific (China, Japan, India, Singapore, South Korea, Australia, New Zealand and Rest of Asia-Pacific) {Market Share (%), Market Size (USD Billion), Adoption Rate (%)}
o Rest of the World {Market Share (%), Market Size (USD Billion), Adoption Rate (%)}

Browse Full Report: https://www.goldsteinresearch.com/report/global-medical-device-market-outlook-2024-global-opportunity-and-demand-analysis-market-forecast-2016-2024

“Global Medical Device Market Outlook 2024” contains detailed overview of the global medical device market. On the basis of our in-depth analysis, market can be segmented in terms of market segmentation by medical device type and geography.

Further, for the in-depth analysis, Global Medical Device Market Report encompasses the industry growth drivers, market challenges, risk analysis, market attractiveness, BPS (Base Point Scale) analysis, Porter’s five force model and SWOT analysis. This market report also includes competitive outlook of some of the major players profiling of companies such as Johnson & Johnson, Philips HealthCare, Medtronic Inc., GE HealthCare, Siemens AG, Novartis AG, Stryker Corp., 3M Company, Abbott Laboratories, Toshiba Corp., Becton, Dickinson and Co., Baxter International Inc., Cardinal Health Inc., Boston Scientific Corp., Allergan Inc., Zimmer Biomet, Danaher Corp., Dentsply Sirona, Essilor International S.A., Covidien plc, etc. The company profiles include business strategy, geographical revenue distribution, major information of the companies which encompasses business outlook, products, services and industries catered, financial analysis of the company and recent developments.

Overall, the report represents the global medical device market size along with market forecast that will help industry consultants, technology providers, existing players searching for expansion opportunities, new players searching possibilities and other stakeholders to align their market centric strategies according to the ongoing and expected trends in the future.

About Goldstein Research

Based in the US, Goldstein Research currently has a strong presence in the American and Asian countries. In the next five years, we strive to expand our reach to 50+ nations spanning across Europe, Asia and parts of the Middle East and Africa. We strive to realize a strong brand presence globally through our quality research and forecasting solutions.

Our mission is simple: to develop insightful business solutions, help our clients make powerful future decisions to keep them well ahead of the game which is the market, and leave a mark across businesses and communities through our well-defined ideas and clear cut forecasts. Our industry analysis reports provide in-depth analysis of global and regional variations along with competitors’ overview.

Our analysts working on healthcare market analysis reports to help various tech-giants, tech start-ups and entry players to assess the current and upcoming business scenario. We believe in vigorous examination of the current market scenario and build around creative ideas and approaches that are most suitable to our clients’ needs and business agenda.


Contact for more Info:
Steve Blade
(Global Sales Head)
USA: + 1-646-568-7747
Canada: 1-437-886-1181
UK: +44-203-318-6627
[email protected]
www.goldsteinresearch.com

Browse Similar Report: South Korea Medical Device Market