Medical Device Market is One of Largest Sectors in Global Healthcare Industry, States Visiongain

06 Sep 2012 • by Natalie Aster

In 2011, the medical device market worldwide was worth $266.0bn, with high single-digit growth from the year before. Despite being a vast and mature market, there are number of sectors likely to experience fast growth during the next 10 years. Much of this growth is linked to the prevalence of a number of diseases worldwide, as well as an aging population. The rise in neurological disorders will drive both the diagnostics market and the neurological device market. Changes in wealth and lifestyle globally, particularly in the emerging markets, will lead to a rise in obesity and coronary diseases.

As a result, the medical device market is one of the largest sectors in the global healthcare industry. All sectors of the market have been expanding, but which will grow fastest in years to come? What trends in global disease will shape the industry in the future? How will the principal national markets perform from 2012 to 2022? What will happen to the current leading products? What growth can be expected by emerging markets such as China and India? How will recent Health Care Reform in the US affect the market over the next 10 years?

The new Visiongain’s report “Medical Devices Industry and Market Prospects 2012-2022” will answer those and other crucial questions about this large, and growing, market.

The study provides an in-depth analysis of the medical device market, paying particular attention to the cardiology and neurological device markets. The report uses a wealth of research tools - including market forecasting, qualitative analyses, probing interviews with industry experts, literature searches and use of commercial databases. The report is packed with original data in tables, charts and other formats.

Report Details:

Medical Devices Industry and Market Prospects 2012-2022
Published: July, 2012
Pages: 144
Price: US$ 2.642,00

Visiongain predicts that the global medical device market will continue to grow steadily from 2012-2022, driven by increasing prevalence of neurological and coronary disorders, and an aging global population. In some countries markets will expand rapidly in the coming years, whilst in others the market will show only moderate growth. By purchasing this report, you will find out by how much the medical device market will grow and which countries will achieve the most rapid market growth. This report provides our sales forecasts, market share analyses, discussions of technological developments and analyses of commercial drivers and restraints, including SWOT analysis and Porter's five force analysis.

More information can be found in the report “Medical Devices Industry and Market Prospects 2012-2022” by Visiongain.

To order the report or ask for sample pages contact [email protected]

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