The Medical Device Technologies market study analyzes each market player encompassed in the market study as per its market share, production footprint, current launches, agreements, ongoing R&D projects, and market strategies. SWOT analysis has been performed in the market study to investigate the strengths, weaknesses, opportunities and threats of each player.
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Sales of diabetes care devices are anticipated to expand the fastest, registering a positive CAGR of 6.0% during the forecast period. On the other hand, demand for diagnostic imaging devices is anticipated to catch-up, registering a CAGR of 5.9% through 2025.
Growth in sales of diabetes care devices is attributable to the rising incidence of lifestyles diseases such as diabetes among a wide range of population worldwide. According to the W.H.O and the International Diabetes Federation (IDF) statistics, more than 400 million people were suffering from diabetes in 2014. Usage of diagnostic imaging techniques such as MRI, X-ray and CT scan provides painless diagnosis of chronic conditions. This factor is a key driver behind the expansion in sales of diagnostic imaging devices.
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Medical Device Technologies Market: Regional Insights
North America is expected to remain at the forefront of the medical device technologies market. The region is anticipated to account for nearly two-fifth of the global market value. However, Asia-Pacific is poised to offer significant growth opportunities, expanding at a CAGR of 6.6% during the forecast period.
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Medical Device Technologies Market: Segmentation
Fact.MR has studied the medical device technologies market with detailed segmentation on the basis of device type, end-user and region.
|
Device Type |
End-user |
Region |
| In-Vitro Diagnostic (IVD) Devices | Academics & Research | North America |
| Cardiology Devices | Hospitals | Europe |
| Diagnostic Imaging Devices | Clinics | Asia Pacific |
| Orthopedic Devices | Diagnostic Centers | Latin America |
| Ophthalmology Devices | Ambulatory Surgery Centers | Middle East & Africa (MEA) |
| Endoscopy Devices | Others | |
| Diabetes Care Devices | ||
| Wound Management Devices | ||
| Kidney/Dialysis Devices | ||
| Anesthesia and Respiratory Care Devices | ||
| Others |
The Medical Device Technologies market report provides the readers with the below-mentioned insights:
- Key trends, including ecological conservation, patented solutions, and globalization.
- Consumption pattern of each segment of the market in every region.
- Detailed study of the factors (positive and negative) impacting the growth of the global Endobronchial Valves market.
- Critical analysis of R&D activities performed by market players to expand their production footprint across various industries.
- Thorough research of effect of the market across various end use industries.
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The Medical Device Technologies market report gets rid of the following queries:
- Which end use has the highest rate of consumption and why?
- Which regions are the market players targeting to gain a competitive edge?
- What is the growth forecast of the global market in region?
- What is the Y-o-Y growth rate of the global market?
- Which segment will have the maximum share of the global market by the end of year?
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