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A medical device is any apparatus, appliance, software, material, or other article—whether used alone or in combination, including the software intended by its manufacturer to be used specifically for diagnostic and/or therapeutic purposes and necessary for its proper application—intended by the manufacturer to be used for human beings for the purpose of Diagnosis, prevention, monitoring, treatment, or alleviation of disease.
Medical devices vary according to their intended use and indications. Examples range from simple devices such as tongue depressors, medical thermometers, and disposable gloves to advanced devices such as computers which assist in the conduct of medical testing, implants, and prostheses. Items as intricate as housings for cochlear implants are manufactured through the deep drawn and shallow drawn manufacturing processes. The design of medical devices constitutes a major segment of the field of biomedical engineering.
Market Analysis and Insights: Global Medical Device & Accessories Market
The global Medical Device & Accessories market is valued at US$ 97110 million in 2019. The market size will reach US$ 125620 million by the end of 2026, growing at a CAGR of 3.7% during 2021-2026.
Global Medical Device & Accessories Scope and Market Size
Medical Device & Accessories market is segmented by Type, and by Application. Players, stakeholders, and other participants in the global Medical Device & Accessories market will be able to gain the upper hand as they use the report as a powerful resource. The segmental analysis focuses on sales, revenue and forecast by Type and by Application for the period 2016-2027.
Segment by Type
Medical Device
Medical Accessories
Segment by Application
Hospital
Clincs
Others
By Company
Johnson & Johnson Services
Stryker
Philips
General Electric
Siemens
Medtronic
Danaher
Boston Scientific
By Region
North America
U.S.
Canada
Europe
Germany
France
U.K.
Italy
Russia
Asia-Pacific
China
Japan
South Korea
India
Australia
Taiwan
Indonesia
Thailand
Malaysia
Philippines
Vietnam
Latin America
Mexico
Brazil
Argentina
Middle East & Africa
Turkey
Saudi Arabia
Medical devices vary according to their intended use and indications. Examples range from simple devices such as tongue depressors, medical thermometers, and disposable gloves to advanced devices such as computers which assist in the conduct of medical testing, implants, and prostheses. Items as intricate as housings for cochlear implants are manufactured through the deep drawn and shallow drawn manufacturing processes. The design of medical devices constitutes a major segment of the field of biomedical engineering.
Market Analysis and Insights: Global Medical Device & Accessories Market
The global Medical Device & Accessories market is valued at US$ 97110 million in 2019. The market size will reach US$ 125620 million by the end of 2026, growing at a CAGR of 3.7% during 2021-2026.
Global Medical Device & Accessories Scope and Market Size
Medical Device & Accessories market is segmented by Type, and by Application. Players, stakeholders, and other participants in the global Medical Device & Accessories market will be able to gain the upper hand as they use the report as a powerful resource. The segmental analysis focuses on sales, revenue and forecast by Type and by Application for the period 2016-2027.
Segment by Type
Medical Device
Medical Accessories
Segment by Application
Hospital
Clincs
Others
By Company
Johnson & Johnson Services
Stryker
Philips
General Electric
Siemens
Medtronic
Danaher
Boston Scientific
By Region
North America
U.S.
Canada
Europe
Germany
France
U.K.
Italy
Russia
Asia-Pacific
China
Japan
South Korea
India
Australia
Taiwan
Indonesia
Thailand
Malaysia
Philippines
Vietnam
Latin America
Mexico
Brazil
Argentina
Middle East & Africa
Turkey
Saudi Arabia
Frequently Asked Questions
This market study covers the global and regional market with an in-depth analysis of the overall growth prospects in the market. Furthermore, it sheds light on the comprehensive competitive landscape of the global market. The report further offers a dashboard overview of leading companies encompassing their successful marketing strategies, market contribution, recent developments in both historic and present contexts.
- By product type
- By End User/Applications
- By Technology
- By Region
The report provides a detailed evaluation of the market by highlighting information on different aspects which include drivers, restraints, opportunities, and threats. This information can help stakeholders to make appropriate decisions before investing.
