Market Overview

Global Medical Device Industry to 2025 - Featuring Abiomed, Accuray & Affectiva Among Others - ResearchAndMarkets.com

Share:

The "Medical Device Market by Device Type, Function, Durability, Therapeutic Segment, Risk Classification, Manufacture Method, Delivery/Acquisition, Operational Support Model, Connectivity and Region 2020 - 2025" report has been added to ResearchAndMarkets.com's offering.

This medical device market report evaluates the market for both traditional and connected healthcare devices. The analysis includes medical device market sizing with a wide variety of segmentation including medical device type, solution, location/usage area, medical device function, medical device durability, medical device usage by therapeutic segment, medical device risk classification, manufacture method (traditional or 3D printed), method of medical device delivery or acquisition, medical device operational support model, and medical device connectivity method.

The report covers the global leading medical device market suppliers and service providers. The report also assesses medical device market drivers, challenges, and the impact of technology convergence. The report also evaluates the issues specific to connected devices such as security and privacy. The report has been recently updated to reflect the new normal in the wake of the COVID-19 pandemic as remote medical maintenance is in high demand as a large number of patients require monitoring and diagnostics that does not require a hospital or clinic visit.

Connected medical devices are increasingly becoming the norm with significant improvements in ICT as a whole, coupled with the evolution of microelectronics, display capabilities, and a fast-growing medical device market. By definition, a connected medical device is one that can communicate information over a distance and/or be controlled remotely as in a telemedicine scenario. Connections may be local (via WiFi, Bluetooth, or some proprietary local or personal area wireless) with long-distance communication via a gateway device (such as a router) or they may connect directly to a Wide Area Network (WAN) via cellular technologies such as LTE or 5G.

In terms of medical device market adoption, there are a few factors that inhibit usage. One of the foremost is concerns over security/privacy at both the end-user as well as the corporate level. This is especially true with connected medical devices, which may be prone to malware and hacking. In terms of security concerns, unwanted access to medical device software and operating systems could potentially render a device non-functioning and/or under the control of an unauthorized user. In terms of privacy issues, client sensitive data is generated continuously within the connected medical device market as equipment communicates device status, measurements, and patient status via wired and/or wireless connections.

Select Report Findings:

  • Driven by the COVID-19 pandemic, the fastest-growing category is remote monitoring and diagnostics medical devices
  • One of the emerging areas is wearable medical devices that monitor temperature and other vitals as a means of predicting potential infection
  • The combination of DIY medical device procurement and telemedicine is an important category for suppliers as users seek greater autonomy and lower prices
  • The market is witnessing an evolution as a new category of multifunctional and multipurpose medical devices is emerging that incorporate fitness and healthcare

Report Benefits:

  • Forecasts for stand-alone and connected medical devices through 2025
  • Identify the leading trends and market outlook for devices by category and type
  • Understand the acute and systemic driving factors for adoption and usage including
  • Identify the relationship and importance of medical devices and cloud-based healthcare
  • Identify market opportunities by specific treatment area, disease, delivery method, and support

Key Topics Covered:

1.0 Executive Summary

2.0 Medical Device Market

3.0 Medical Device Market Dynamics

3.1 Medical Device Market Overview

3.2 Medical Device Market Constraints

3.2.1 Challenges of a Fast-moving Industry

3.2.2 Medical Device Regulation

3.3 Medical Device Market Drivers

3.4 Medical Device Technology Convergence

3.4.1 Connected Health Technologies

3.4.2 AI, IoT, and Data Analytics

4.0 Connected Medical Devices

5.0 Leading Medical Device Companies

6.0 Medical Device Market Analysis and Forecasts 2020 - 2025

6.1 Global Medical Device Market Outlook

6.2 Medical Device Market by Manufacturing Method 2020 - 2025

6.3 Medical Device Market by Solution 2020 - 2025

6.4 Medical Device Market by Location/ Usage 2020 - 2025

6.5 Medical Device Market by Delivery/Acquisition 2020 - 2025

6.6 Medical Device Market by Risk Classification 2020 - 2025

6.7 Medical Device Market by Key Therapeutic Segment 2020 - 2025

6.8 Medical Device Market by Device Type 2020 - 2025

6.9 Medical Device Market by Revenue Model 2020 - 2025

6.10 Medical Device Market by Support Model 2020 - 2025

6.11 Medical Device Market by Specific Device Function 2020 - 2025

6.12 Medical Device Markets by Durability Type 2020 - 2025

6.13 Non-Durable Medical Device Market by Segment 2020 - 2025

6.14 Medical Device Market by Region 2020 - 2025

6.14.1 North America Medical Device Market 2020 - 2025

6.14.2 South America Medical Device Market 2020 - 2025

6.14.3 Europe Medical Device Market 2020 - 2025

6.14.4 Asia Pacific Medical Device Market 2020 - 2025

6.14.5 Middle East and Africa Medical Device Market 2020 - 2025

7.0 Connected Medical Device Market Analysis and Forecasts 2020 - 2025

Companies Mentioned

  • Abbott Laboratories
  • Abiomed Inc.
  • Accuray Inc.
  • Affectiva
  • Angiodynamics Inc.
  • Atricure Inc.
  • Axogen Inc.
  • Basehealth
  • Baxter International Inc.
  • Becton Dickinson
  • Bio Rad Laboratories Inc.
  • Biodirection
  • Biotelemetry Inc.
  • Boston Scientific Corp.
  • Bruker Corp
  • Cantel Medical Corp.
  • Cardiac Insight
  • Cardiovascular Systems Inc.
  • Clinipace
  • Conmed Corp.
  • Cryolife Inc.
  • Danaher Corp
  • Dexcom Inc.
  • And Many More Companies!

For more information about this report visit https://www.researchandmarkets.com/r/q3wu4p

View Comments and Join the Discussion!
 
Don't Miss Any Updates!
News Directly in Your Inbox
Subscribe to:
Benzinga Premarket Activity
Get pre-market outlook, mid-day update and after-market roundup emails in your inbox.
Market in 5 Minutes
Everything you need to know about the market - quick & easy.
Fintech Focus
A daily collection of all things fintech, interesting developments and market updates.
Thank You

Thank you for subscribing! If you have any questions feel free to call us at 1-877-440-ZING or email us at vipaccounts@benzinga.com