Dublin, Feb. 04, 2021 (GLOBE NEWSWIRE) -- The "Medical Devices: Technologies and Global Markets" report has been added to ResearchAndMarkets.com's offering.
The global market's growth is attributed to the growing prevalence of chronic diseases, arise in the world's geriatric population, growing demand for minimally-invasive procedures, rising COVID-19 cases, and an increasing number of product launches.
Various governments are looking at medical device technology companies in efforts to make healthcare more affordable. Some governments in Western Europe encourage older adults to stay in their homes for longer periods to trim budgets. There is considerable pressure on medical device technology firms to ensure compliance with different varying regulatory standards. Governments of various regions have framed rules and regulations to ensure that these companies meet safety and efficacy criteria for their devices.
Regionally, growth is expected in the developing countries of the Asia-Pacific region for various reasons, including the growing number of medical procedures being covered by insurance companies, increased government spending on healthcare, growing geriatric populations, rising awareness among people concerning healthcare, and a rise in disposable income.
India and China are lucrative markets, with populations of over one billion each and favorable economic growth rates despite the recent global downturn. Companies have not completely exploited these markets, facing problems with distribution, competition from low-cost products manufactured locally, and an inability to introduce products that meet patient needs in these countries.
The rapid spread of COVID-19 has thrown countless businesses into a frenzy. The medical device industry, in particular, is facing growing pressure to rapidly-produce tests and ventilators needed in nearly every region of the world.
The virus created unprecedented challenges for the medical device industry. COVID-19 put the medical device industry at center stage with the phenomenal demand for personal protective equipment (PPE), diagnostic tests, ventilators, and other critical medical supplies.
In addition to the unusual measures underway to rapidly ramp up manufacturing capacity and capabilities, medical device leaders are looking outside the normal sector boundaries to explore creative solutions to further supplement capacities, such as partnerships with companies outside the sector, open-source equipment design, and deployment of medically trained employees to support public-health needs.
Major players, competitive intelligence, innovative technologies, market dynamics, and regional opportunities are discussed in detail. The report examines recent developments and product portfolios of major players. The patent analysis focuses on technological trends in recent years in regions such as the U.S., Europe, and Japan. The report presents a market analysis and estimates the compound annual growth rate (CAGR) for medical device technologies.
Analysis of global market trends, with data from 2019, 2020, and projections of compound annual growth rates (CAGRs) through 2025
Discussion on definitions, evolution, and types of devices, regulations, and legislation, as well as key industry aspects such as market drivers and industry strategies
An in-depth breakdown of devices by technology type including imaging devices, in-vitro diagnostic devices, cardiovascular devices, orthopedic and spine, urology and renal devices, endoscopic devices, and drug delivery systems
Detailed description about COVID-19, including disease progression, symptoms and treatment options and impact analysis of COVID-19 on entire life science industry as well as on medical devices industry
Evaluation of current market trends, market size, market forecast, and technological advancements within the industry
Company profiles of major key players in the market, including Boston Scientific Corp., Koninklijke Philips N.V., General Electric Company, Medtronic plc, Siemens Healthcare, and Thermo Fisher Scientific
Key Topics Covered:
Chapter 1 Introduction
Chapter 2 Summary and Highlights
Chapter 3 Market Overview
Definition, Evolution and Types
Uses of Various Devices
Regulations and Legislation
Chapter 4 Impact of the COVID-19 Pandemic
Symptoms of COVID-19
Progression of COVID-19
Collaboration Between Organizations and Governments
Spread of Disease
Impact on Medical Device Market
Elective and Noncritical Procedures
Shift in Manufacturing
Regulatory Delays, Clinical Trials and Product Launches
Supply Chain Disruptions
Production Capacity for Medical Supplies
Impact of COVID-19 on the Global Economy
Chapter 5 Global Medical Device Technology Market
Magnetic Resonance Imaging (MRI)
Ultrasound Technology Market
Laser Imaging Market
Interventional Radiology Market
Computed Tomography (CT)
Nuclear Medicine and Positron Emission Tomography (PET)
In Vitro Diagnostic Devices
In Vitro Diagnosis Types
In Vitro Diagnostics Market, by Region
Point-of-Care Diagnostic Market
Cardiovascular Device Market
Common Types of CVD
Risk Factors for CVD
Interventional Cardiology Devices
Cardiac Rhythm Management Market
Cardiac Catheterization Technologies
Orthopedic and Spinal Technologies
Trauma Fixation Device Technology Market
Orthopedic Robotic Systems
Urology Device Market
Medical Laser Systems for Urology
Renal Dialysis Device Market
Drug Delivery Devices
Needle-Free Injections and Transdermal Systems
Chapter 6 Medical Device Technologies Market by Region
Chapter 7 Competitive Landscape
Chapter 8 Company Profiles
Beckton, Dickinson and Co.
Boston Scientific Corp.
Dragerwerk Ag & Co. Kgaa
General Electric Co.
Koninklijke Philips N.V.
Smith & Nephew
Thermo Fisher Scientific
Chapter 9 Patent Review/ New Developments
For more information about this report visit https://www.researchandmarkets.com/r/ye6fmd
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