Report Scope:
This report incorporates an in-depth analysis of the medical device technology market, including market estimations and trends through 2020. 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.
The scope of the report extends to only those medical device technologies that generate the most global revenue. Dental device technologies and some imaging devices used in dentistry overlap with other devices that are already covered under the imaging device technologies segments, so these have been excluded.
This report segments the global market by these geographic regions: North America, Europe, Asia-Pacific and the Rest of the World region. For market estimates, data is provided for 2020 as the base year, 2021 and forecast through year-end 2027.
Report Includes:
- 48 data tables and 69 additional tables.
- An up-to-date overview and analysis of the global markets for medical device technologies
- Analyses of the global market trends, with historic sales data for 2020 and 2021, estimates for 2022, and projections of compound annual growth rates (CAGRs) through 2027
- Highlights of the current state and future market potential of medical device technologies, along with a detailed analysis of the competitive environment
- Estimation of the actual market size for medical device technologies, market forecast and corresponding market share analysis by device type and region
- Identification of the key growth driving factors and constraints that will shape the market for medical device technologies as the basis for projecting demand over the next five years (2022-2027)
- Discussion of the industry value chain analysis providing a systematic study of key intermediaries involved, with emphasis on drug delivery devices, urology and renal devices, in vitro diagnostic devices, orthopedic and spine devices, imaging devices, cardiovascular devices, and endoscopy devices
- Highlights of the COVID-19 impact on the medical device technologies market, with pandemic implications on the demand and supply of medical devices, pricing analysis, and govt. strategic decisions to boost the marketplace
- Assessment of the company competitive landscape comprising key market participants, their global market share analysis, product portfolio and recent market developments
- Review of patents issued for medical device technologies across each major category, and emerging developments in the global market
- Descriptive company profiles of the leading global players, including Bayer, 3M, Danaher and Smith & Nephew.
Summary:
The global market for medical device technologies reached $REDACTED in 2021. The market isexpected to grow at a compound annual growth rate (CAGR) of REDACTED% to reach $REDACTED during the forecast period.
The medical device technologies market has grown rapidly, following technological trends in healthcare. Currently, there are over REDACTED types of medical devices, globally. The countries of the Americas regionare an important market for medical devices; several nations in this sector are growing rapidly. Thecountries import more than REDACTED% of their medical devices, with few exceptions.
The far-reaching effects of coronavirus have introduced the world to a "new normal," but the most significant impact has been in healthcare. In the long term, it has permanently shaped the future of healthcare delivery. Its immediate effect has been on medical technology, focusing on digital devices and shifting toward a more collaborative product development process.
In medical device development, constant communication is critical between manufacturers and suppliers. The pandemic led to many collaborations among companies to drive innovation and launch products more quickly. Tools such as augmented and virtual reality contributed to collaborations, will likely remain a permanent part of the product development process.
Medical Devices: Technologies and Global Markets
Table of Contents
Chapter 1 Introduction
1.1 Study Goals and Objectives
1.2 Reasons for Doing This Study
1.3 What's New in This Report
1.4 Scope of Report
1.5 Information Sources
1.6 Methodology
1.7 Geographic Breakdown
1.8 Analyst's Credentials
1.9 BCC Custom Research
1.10 Related BCC Research Reports
Chapter 2 Summary and Highlights
Chapter 3 Market Overview
3.1 Innovation
3.2 Current Trends
3.2.1 Enhanced Cybersecurity
3.2.2 Wearable Fitness Technology
3.2.3 Internet of Medical Things
3.2.4 Medical Robots
3.2.5 3D Printed Objects
3.2.6 Device Connectivity
3.3 Definition, Evolution and Types
3.3.1 Definition
3.3.2 Uses of Various Devices
3.3.3 Evolution
3.3.4 Types
3.4 Regulations and Legislation
3.4.1 Europe
3.4.2 U.S.
3.4.3 Japan
3.5 Market Dynamics
3.5.1 Drivers
3.5.2 Restraints
3.5.3 Opportunities
3.5.4 Strategies
3.5.5 Trends
Chapter 4 Impact of COVID-19 Pandemic
4.1 Impact of COVID-19 on Medical Device Technologies Market
4.1.1 PPE
4.1.2 Ventilators
4.1.3 Testing Equipment
4.1.4 Syringes and Vaccines
Chapter 5 Global Medical Device Technology Market
5.1 Overview
5.2 Imaging Devices
5.2.1 Market Dynamics
5.2.2 Magnetic Resonance Imaging (MRI)
5.2.3 Ultrasound Technology Market
5.2.4 Laser Imaging Market
5.2.5 Interventional Radiology Market
5.2.6 X-Rays
5.2.7 Computed Tomography
5.2.8 Nuclear Medicine and Positron Emission Tomography (PET)
5.2.9 Point-of-Care Technologies
5.3 In Vitro Diagnostic Devices
5.3.1 Market Dynamics
5.3.2 Immunochemistry
5.3.3 Point-of-Care Diagnostic Market
5.3.4 Molecular Diagnostics
5.3.5 Blood Testing
5.4 Cardiovascular Device Market
5.4.1 Common Types of CVD
5.4.2 Risk Factors for CVD
5.4.3 Coronary Blockages
5.4.4 Interventional Cardiology Devices
5.4.5 Cardiac Rhythm Management Market
5.4.6 Cardiac Catheterization Technologies
5.5 Orthopedic and Spinal Technologies
5.5.1 Market Dynamics
5.5.2 Reconstructive Implants
5.5.3 Spinal Implants
5.5.4 Need for Spinal Implants
5.5.5 Trauma Fixation Device Technology Market
5.5.6 Orthopedic Robotic Systems
5.6 Urology Device Market
5.6.1 Market Dynamics
5.6.2 Medical Laser Systems for Urology
5.6.3 Incontinence Devices
5.6.4 Renal Dialysis Device Market
5.7 Endoscopy Devices
5.7.1 Types
5.7.2 Rigid Endoscopes
5.7.3 Flexible Endoscopes
5.8 Drug Delivery Devices
5.8.1 Market Dynamics
5.8.2 Infusion Systems
5.8.3 Inhalation Devices
5.8.4 Needle-Free Injections and Transdermal Systems
Chapter 6 Global Market for Medical Device Technologies by Region
6.1 North America
6.2 Europe
6.3 Asia-Pacific
6.4 Rest of the World
Chapter 7 Competitive Landscape
Chapter 8 Company Profiles
3M
ABBOTT LABORATORIES
AGILENT TECHNOLOGIES
ARTIVION INC.
BAYER
BAXTER INTERNATIONAL
BECKTON, DICKINSON AND CO.
BOSTON SCIENTIFIC CORP.
CARDINAL HEALTH
DANAHER
DRAGERWERK AG & CO. KGAA
DEPUY SYNTHES (J&J)
ENDOLOGIX
FRESENIUS
GENERAL ELECTRIC CO.
GETINGE AB
MEDTRONIC PLC
NOVARTIS AG
OLYMPUS CORP.
PHILIPS N.V.( KONINKLIJKE)
ROCHE DIAGNOSTICS
SIEMENS HEALTHINEERS
SMITH & NEPHEW
STRYKER CORP.
THERMO FISHER SCIENTIFIC
ZIMMER BIOMET
Chapter 9 Patent Review/ New Developments
List of Tables
Summary Table : Global Market for Medical Device Technologies, by Segment, Through 2027
Table 1 : Medical Device Codes
Table 2 : Class I and II Exempt Devices
Table 3 : Global Market for Medical Device Technologies, by Segment, Through 2027
Table 4 : Global Market for Imaging Device Technologies, by Segment, Through 2027
Table 5 : Global Market for Imaging Device Technologies, by Region, Through 2027
Table 6 : Global Market for Magnetic Resonance Imaging Technology, by Region, Through 2025
Table 7 : Global Market for Ultrasound Technologies, by Region, Through 2027
Table 8 : Global Market for Laser Imaging Device Technologies, by Region, Through 2027
Table 9 : Global Market for Interventional Radiology Device Technologies, by Region, Through 2027
Table 10 : Global Market for X-Ray Device Technologies, by Region, Through 2027
Table 11 : Global Market for Computed Tomography Technologies, by Region, Through 2027
Table 12 : Number of Deaths due to Traffic Accidents during, 2015-2019
Table 13 : Global Market for Nuclear Medicine/PET Technologies, by Region, Through 2027
Table 14 : Global Market for POC Technologies, by Region, Through 2027
Table 15 : Global Market for IVD Technologies, by Region, Through 2027
Table 16 : Global Market for In Vitro Diagnostic Technologies, by Segment, Through 2027
Table 17 : Global Market for Immunochemistry Technologies, by Region, Through 2027
Table 18 : Global Market for Clinical Chemistry Technologies, by Region, Through 2027
Table 19 : POC Diagnostic Tests and Manufacturers
Table 20 : Global Market for POCT Technologies, by Region, Through 2027
Table 21 : POC Diagnostic Solutions
Table 22 : Global Market for Molecular Diagnostic Technologies, by Region, Through 2027
Table 23 : Global Market for Hematology Technologies, by Region, Through 2027
Table 24 : Global Market for Cardiovascular Device Technologies, by Segment, Through 2027
Table 25 : Ablation Types and Mechanisms
Table 26 : Cardiovascular Disease (CVD) Risk Factors
Table 27 : Global Market for Cardiovascular Device Technologies, by Region, Through 2027
Table 28 : Incidence of Restenosis, by Stent Type
Table 29 : Characteristics of Some Coronary Stents
Table 30 : DES Products and Manufacturers
Table 31 : Comparative Analysis of Stents, by Balloon Platform
Table 32 : Global Market for Cardiac Rhythm Management Technologies, by Region, Through 2027
Table 33 : Anti-arrhythmic Drugs
Table 34 : Anti-arrhythmic Drug Classification and Clinical Use
Table 35 : Global Market for Cardiac Catheterization Technologies, by Region, Through 2027
Table 36 : Global Market for Orthopedic and Spinal Technologies, by Segment, Through 2027
Table 37 : Global Market for Orthopedic and Spine Technologies, by Region, Through 2027
Table 38 : Global Market for Reconstructive Implant Technologies, by Region, Through 2027
Table 39 : Global Market for Spinal Device Technologies, by Region, Through 2027
Table 40 : Global Market for Trauma-Fixation Device Technologies, by Region, Through 2027
Table 41 : Global Market for Orthopedic Robotic System Technologies, by Region, Through 2027
Table 42 : Global Market for Urology and Renal Device Technologies, by Segment, Through 2027
Table 43 : Global Market for Urology and Renal Device Technologies, by Region, Through 2027
Table 44 : Global Market for Lithotripter Devices, by Region, Through 2027
Table 45 : Global Market for Incontinence and Ostomy Device Technologies, by Region, Through 2027
Table 46 : Global Market for Renal Dialysis Device Technologies, by Region, Through 2027
Table 47 : Most Common Types of Endoscopy
Table 48 : Global Market for Endoscopy Device Technologies, by Segment, Through 2027
Table 49 : Global Market for Endoscopy Device Technologies, by Region, Through 2027
Table 50 : Countries with the Highest Rates of Colorectal Cancer, 2018
Table 51 : Global Market for Rigid Endoscopic Device Technologies, by Region, Through 2027
Table 52 : Global Market for Flexible Endoscopic Device Technologies, by Region, Through 2027
Table 53 : Global Market for Drug Delivery Device Technologies, by Segment, Through 2027
Table 54 : Global Market for Drug Delivery Device Technologies, by Region, Through 2027
Table 55 : Global Market for Infusion System and Injectable Device Technologies, by Region, Through 2027
Table 56 : Global Market for Inhalation Device Technologies, by Region, Through 2027
Table 57 : Global Market for Needle-Free Injection and Transdermal System Technologies, by Region, Through 2027
Table 58 : Major Transdermal Drugs
Table 59 : North American Market for Medical Device Technologies, by Segment, Through 2027
Table 60 : European Market for Medical Device Technologies, by Segment, Through 2027
Table 61 : Asia-Pacific Market for Medical Device Technologies, by Segment, Through 2027
Table 62 : Rest of the World Market for Medical Device Technologies, by Segment, Through 2027
Table 63 : Company Developments 2019-2022
Table 64 : 3M: Product Portfolio
Table 65 : Abbott Laboratories: Product Portfolio
Table 66 : Abbott Laboratories: Developments 2020-2022
Table 67 : Agilent: Product Portfolio
Table 68 : Agilent: Developments 2019-2022
Table 69 : Artivion Inc.: Product Portfolio
Table 70 : Artivion Inc.: Developments 2020
Table 71 : Bayer Healthcare: Product Portfolio
Table 72 : Bayer Healthcare: Developments 2019-2022
Table 73 : Baxter International: Product Portfolio
Table 74 : Baxter International: Developments 2018-2021
Table 75 : Beckton, Dickinson and Co.: Product Portfolio
Table 76 : Beckton, Dickinson and Co.: Developments 2017-2022
Table 77 : Boston Scientific Corp.: Product Portfolio
Table 78 : Boston Scientific Corp.: Developments 2019-2022
Table 79 : Cardinal Health: Product Portfolio
Table 80 : Cardinal Health: Developments 2017-2022
Table 81 : Danaher: Product Portfolio
Table 82 : Danaher: Developments 2019-2021
Table 83 : Dräger: Product Portfolio
Table 84 : Dräger: Developments 2020 and 2021
Table 85 : DePuy Synthes: Product Portfolio
Table 86 : DePuy Synthes: Developments 2019-2022
Table 87 : Endologix LLC.: Product Portfolio
Table 88 : Endologix LLC: Developments 2019-2021
Table 89 : Fresenius: Product Portfolio
Table 90 : Fresenius: Developments 2019-2022
Table 91 : General Electric: Product portfolio
Table 92 : General Electric: Developments 2019-2022
Table 93 : Getinge AB: Product Portfolio
Table 94 : Getinge AB: Developments 2020-2022
Table 95 : Medtronic plc: Product Portfolio
Table 96 : Medtronic plc: Developments 2019-2022
Table 97 : Novartis: Product Portfolio
Table 98 : Novartis: Developments 2019 and 2020
Table 99 : Olympus Corp.: Product Portfolio
Table 100 : Olympus Corp.: Developments 2020 and 2021
Table 101 : Philips: Product Portfolio
Table 102 : Philips: Developments 2019 and 2020
Table 103 : Roche Diagnostics: Product Portfolio
Table 104 : Roche Diagnostics: Developments 2019-2022
Table 105 : Siemens Healthineers: Product Portfolio
Table 106 : Siemens Healthineers: Developments 2019-2022
Table 107 : Smith & Nephew: Product Portfolio
Table 108 : Smith & Nephew: Developments 2019-2022
Table 109 : Stryker Corp.: Product Portfolio
Table 110 : Stryker Corp.: Developments 2019-2022
Table 111 : Thermo Fisher Scientific: Product Portfolio
Table 112 : Thermo Fisher Scientific: Developments 2019-2022
Table 113 : Zimmer: Product Portfolio
Table 114 : Zimmer: Developments 2019-2022
Table 115 : U.S. Medical Device Technology Patents
Table 116 : European Medical Device Technology Patents
Table 117 : Japanese Medical Device Technology Patents
List of Figures
Summary Figure : Global Market for Medical Device Technologies, by Segment, 2021-2027
Figure 1 : Medical Device Marketing Process, U.S.
Figure 2 : Global 60+ Population, by Region, 2015-2050
Figure 3 : Global Projected Diabetes, Patients Aged 20-79, 2010 and 2030
Figure 4 : Countries with the Highest Expected Percentage of 60+ People, 2050
Figure 5 : Global Prevalence: Alzheimer's Disease, by Region, 2010-2050
Figure 6 : Picture Archiving and Communication System Process for Obtaining Images
Figure 7 : Global Population Index, by Age Group, 2000 and 2050
Figure 8 : Global Adult Population with Cardiovascular Conditions, by Selected Country, 2019
Figure 9 : Global Population, by Age Group, 2000 and 2050
Figure 10 : Global Prevalence, Osteoporotic Hip Fractures, by Region, 1990 and 2050
Figure 11 : 65 and older U.S. Population, 2010-2050
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