Global Medical Electronics Market is valued approximately at USD 4.6 billion in 2018 and is anticipated to grow with a healthy growth rate of more than 3.30% over the forecast period 2019-2026. The mMedical electronics market is on the constant rise. The Medical electronics market is primarily driven owing to surging aging population coupled with escalating life expectancy on the globe, escalating healthcare spending & ever changingever-changing healthcare landscape, surging adoption of IOoTt based smart medical devices, rising demand for portable medical devices & wearable electronics and escalating utility of radiation therapy in diagnosis & treatment of diseases on the global scenario. However, designing compatible medical electronics along with highwith high maintenance & refurbishment costs of medical electronics is acting as restraining factors considering the growth and development of medical electronics market.
The regional analysis of global Medical Electronics market is considered for the key regions such as Asia Pacific, North America, Europe, Latin America and Rest of the World. North America is the leading/significant region across the world in terms of market share owing to surging minimally invasive surgeries along with investments made by the private organizations operating in United states and Canada. Asia-Pacific is anticipated to exhibit highest growth rate / CAGR over the forecast period 2016-2026.
Major market player included in this report are:
Abbott
Allengers Medical
Carestream Health
Fujifilm Medical Systems
Hitachi High Technologies Corporation
Medtronic
Philips Healthcare
Samsung Electronics
Siemens Healthcare
Toshiba Corporation
The objective of the study is to define market sizes of different segments & countries in recent years and to forecast the values to the coming eight years. The report is designed to incorporate both qualitative and quantitative aspects of the industry within each of the regions and countries involved in the study. Furthermore, the report also caters the detailed information about the crucial aspects such as driving factors & challenges which will define the future growth of the market. Additionally, the report shall also incorporate available opportunities in micro markets for stakeholders to invest along with the detailed analysis of competitive landscape and product offerings of key players. The detailed segments and sub-segment of the market are explained below:
By Actuation:
Electrical
Pneumatic
Hydraulic
By Type:
Linear
Rotary
By Application:
Industrial Automation
Robotics
Vehicles & Equipment
By Regions:
North America
U.S.
Canada
Europe
UK
Germany
Asia Pacific
China
India
Japan
Latin America
Brazil
Mexico
Rest of the World
Furthermore, years considered for the study are as follows:
Historical year - 2016, 2017
Base year - 2018
Forecast period - 2019 to 2026
Target Audience of the Global Medical Electronics Market in Market Study:
Key Consulting Companies & Advisors
Large, medium-sized, and small enterprises
Venture capitalists
Value-Added Resellers (VARs)
Third-party knowledge providers
Investment bankers
Investors
