(PharmaNewsWire.Com, September 30, 2023 ) As per Maximize Market research, the Medical Device Technologies Market was USD 529.5 Bn in 2022 and is expected to grow at a CAGR of 5.6 percent over the forecast period to reach USD 775.38 Bn by 2029.
Medical Device Technologies Market Report Scope and Research Methodology
The report provides a detailed analysis of the market by segments, market share and competitive benchmarking of the major key players in the Medical Device Technologies Industry. The data is collected through primary and secondary research and analyzed by SWOT and PORTER’S five force model.
The changing consumer behavior and increasing awareness regarding preventive healthcare measures are expected to drive the Medical Device Technologies Market. The trend of remote healthcare monitoring is expected to create a lucrative opportunity for new market entrants.
Medical Device Technologies Market Regional Insights
North America dominated the market in 2022 and is expected to grow significantly throughout the forecast period. Europe and APAC are considered emerging regions in the market.
Medical Device Technologies Market Key Competitors include:
Boston Scientific Corporation (U.S)
Abbott (U.S)
Thermo Fisher Scientific Inc
Johnson & Johnson Private Limited
Siemens
Hoffmann-La Roche Ltd.
Stryker
Medtronic
General Electric
Zenith Healthcare Limited
QIAGEN
Smith+Nephew
Olympus America
Koninklijke Philips N.V.
Novartis AG
bioMérieux, Inc.
Maximize Market Research is leading Medical Devices research firm, has also published the following reports:
Medical Device Cleaning Market - The market size is expected to reach USD 3.50 Bn by 2029 at a CAGR of 7.60 percent during the forecast period.
Medical Device Security Market -The Market size is expected to reach USD 10.72 Bn by 2029 at a CAGR of 8.47 percent during the forecast period.
About Maximize Market Research:
Maximize Market Research provides B2B and B2C research on 6,500 high-growth emerging opportunities & technologies as well as threats to the companies across the Healthcare, Pharmaceuticals, Electronics & Communications, Internet of Things, Food and Beverages, Aerospace and Défense and other manufacturing sectors.
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