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Medical Electronics Market

Medical Electronics Market

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SKU ID :
GIR-15335570

Publishing Date:
26-Feb-2020

No. of pages:
325

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The medical electronics market is projected to grow at a CAGR 3.87% rate during the forecast period. The medical electronics industry is expected to witness strong growth in the next six years mainly due to the rising incidents of chronic diseases; increasing adoption of medical imaging, monitoring, and implantable devices; rising expenditure on healthcare across the world; and a growing elderly population.

The market for batteries is expected to hold the largest share during the forecast period. Increasing demand for high power portable medical devices, such as cardiac monitors, respiratory monitors, hemodynamic monitors, and implantable devices, is the major factor accelerating the growth of batteries in the market.

Non-invasive medical devices are expected to hold the largest market share from 2019 to 2025. Factors such as the rising government subsidies on medical devices, increasing adoption of IoT-based medical devices, surging demand for digital radiography systems, and growing use of flat-panel detectors (FPDs) contribute to the augmented demand for non-invasive products in the market.

Patient monitoring application is expected to hold the largest market share from 2019 to 2025. Factors such as the easy availability of wireless monitoring devices and the rising incidence of lifestyle and chronic diseases are expected to drive market growth during the forecast period. The growing demand for patient monitoring devices in non-hospital settings is also expected to provide a range of growth opportunities for players in the market.

The Americas accounted for the largest share of the global medical electronics market in 2018. Factors such as the rise in the geriatric population, presence of advanced healthcare infrastructure, and high healthcare expenditure are supporting the growth of the market in the Americas. The medical electronic market has seen tremendous growth in terms of technological advancements, increased healthcare expenditure as a percentage of total GDP, and integration of health information technology (IT) into primary care.

Key market players includes Analog Devices (US), Texas Instrument (US), TE Connectivity (Switzerland), Medtronics Plc (Ireland), ST Microelectronics (Switzerland), NXP Semiconductors (Netherlands), (US), Maxim Integrated Products (US), ON Semiconductor (US), Renesas Electronics Corporation (Japan), Microchip Technology (US), Tekscan, (US), among others.

Key Questions Addressed by the Report

  • Where will all these developments take the industry in the mid to long term?
  • What are the upcoming industry applications of medical electronics?
  • Who are the important players in the medical electronic market?
  • What are the upcoming products and technologies in the medical electronic market?
  • What are the major drivers, restraints, opportunities, and challenges for the medical electronic market?
  1. Introduction
    • Market Definition
    • Study Scope
    • Study Period
    • Market Stakeholders
  2. Research Methodology
    • Secondary Research
    • Primary Research
    • Research Design
    • Data Validation
    • Limitations and Assumptions
  3. Market Dynamics
    • Drivers
      • Aging Population and Increasing Life Expectancy Throughout the World
      • Rising Healthcare Spending and Ever-Changing Healthcare Landscape
      • Increasing Adoption of Iot-Based Smart Medical Devices
      • Escalating Demand for Portable Medical Devices and Wearable Electronics
      • Growing Use of Radiation Therapy in Diagnosis and Treatment of Diseases
    • Challenges
      • Designing Compatible Medical Electronics
      • High Maintenance and Refurbishment Costs of Medical Electronics
      • Stringent Regulatory Processes and Increased Testing Requirements for Product Approval
      • Cybersecurity Risks Posed By Proliferation of Connected Medical Devices
    • Opportunities
      • Developing Countries to Offer Significant Growth Opportunity
      • Advances in Sensors and Digital Technologies to Create New Opportunities
  1. Executive Summary
  2. Medical Electronics Market, By Component
    • Sensors
      • Temperature sensors
      • Pressure sensors
      • Blood glucose sensors
      • ECG sensors
      • Image sensors
      • Motion sensors
      • Heart rate sensors
      • Touch sensors
    • Batteries
      • Lithium-ion (li-ion) batteries
      • Lead acid batteries
      • Zinc air batteries
      • Others
    • Memory devices
      • Flash memory
      • SDRAM
      • EPROM
      • FRAM
    • Displays
      • TFT-LCD Displays
      • OLED Displays
      • LED Displays
    • Microprocessors/microcontrollers
  3. Medical Electronics Market, By Product Type
    • Non-invasive products
      • Imaging devices
        • MRI scanners
        • X-ray scanners
        • CT scanners
        • Ultrasound scanners
        • Nuclear imaging scanners
      • Monitoring devices
        • Cardiac monitors
        • Hemodynamic monitors
        • Respiratory monitors
        • Multipara monitors
        • Digital thermometers
      • Invasive products
        • Endoscopes
        • Pacemakers
        • Implantable cadioverter defibrillators
        • Implatable loop recorders
        • Spinal cord simulators
        • Gastric electric simulators
  1. Medical Electronics Market, By Application
    • Diagnostic radiology
    • Patient monitoring
    • Medical implants and endoscopy
  2. Medical Electronics Market, By Region
    • North America
      • US
      • Canada
      • Mexico
    • Europe
      • UK
      • Germany
      • Spain
      • France
      • Italy
      • Rest of Europe
    • Asia Pacific
      • Japan
      • China
      • India
      • South Korea
      • Rest of APAC
    • Rest of the World
      • South America
      • Middle East
      • Africa
  1. Company Profiles
    • Leading Companies in Medical Electronics Market
      • Analog Devices
      • Texas Instruments
      • TE Connectivity
      • Medtronics PLC
      • ST Microelectronics
      • NXP Semiconductors
      • Cypress Semiconductor Corporation
      • Maxim Integrated Products
      • On Semiconductor Corporation
      • Renesas Electronics Corporation
    • Other Companies in Medical Electronics Market

*Company introduction, financial information, recent developments, SWOT analysis

  1. Conclusion and Recommendations
  2. Appendix
    • About
    • Related Reports
    • Glossary

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