World Nanotechnology-Based Medical Devices Sector Analysed in In-demand M&M Research Study Published at MarketPublishers.com08 Apr 2015 • by Natalie Aster
LONDON – The worldwide market for nanotechnology-based medical devices is forecast to register a CAGR of close to 11-12% through to 2019. The sector’s expansion is primarily driven by the mushrooming ageing population, surging uptake of nanotechnology-based medical devices, and increased funding for nanotechnology research. Moreover, the governments of a range of nations are investing large sums of money in developing and commercialising novel nanotechnology products. However, the market’s growth is being hampered by safety issues pertaining to nanotechnology-based medical devices, austere regulatory guidelines, and time-consuming problems delaying the approval processes for these devices.
Active implantable devices captured the dominant share of the market. As of 2013, North America captured the lion’s share to the word’s nanotechnology-based medical devices market, with Europe, APAC, and RoW following after. However, the APAC region is poised to record the fastest growth rate over the forecasted period. Stryker Corporation, 3M Company, St. Jude Medical, Affymetrix, PerkinElmer, Starkey Hearing Technologies, and Smith & Nephew plc are the key players in the market, together accounting for around 65-70% of the total market as of 2014.
New study “Nanotechnology in Medical Devices Market by Product (Biochip, Implant Materials, Medical Textiles, Wound Dressing, Cardiac Rhythm Management Devices, Hearing Aid), Application (Therapeutic, Diagnostic, Research) - Global Forecast to 2019” сreated by MarketsandMarkets (M&M) examines the world’s nanotechnology-based medical devices marketplace, segmenting it by product, application and geography. It provides deep insights into market restraints and drivers, challenges and opportunities, forthcoming trends, R&D activities, and novel product launches. The report examines the competitive scene and profiles the 10 dominant market players, giving assessments of their growth strategies, market shares, product portfolios, distribution networks, production capacities, and granular SWOT analyses. An overview of novel products, developing regions, latest developments, and investments in the nanotechnology-based medical devices market is provided. Furthermore, the research study provides the outlook of the market including detailed forecasts.
Nanotechnology in Medical Devices Market by Product (Biochip, Implant Materials, Medical Textiles, Wound Dressing, Cardiac Rhythm Management Devices, Hearing Aid), Application (Therapeutic, Diagnostic, Research) - Global Forecast to 2019
Published: March, 2015
Price: US$ 4,650.00
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