According to a new report by Expert Market Research, ‘Global Medical Devices Market Report and Forecast 2020-2025’, the global medical devices market was valued at approximately USD 1533.97 Billion in 2019 and is projected to reach USD 6170.72 Billion by 2025 at a healthy CAGR of 22% over the forecast period.

Competitive Landscape & Supplier Analysis:

Medtronic Plc (NYSE: MDT)
Johnson & Johnson Services, Inc.
Siemens Healthcare Private Limited (ETR: SHL)
GE Healthcare (NYSE: GE)
Philips Healthcare
F. Hoffmann-La Roche Ltd (SWX: RO)
Boston Scientific Corporation (NYSE: BSX)
Others
Medical devices are products that are used to analyze, prevent, or treat a disease, among others. There are different types of medical devices available in the market, from wheelchairs to surgical equipment.

Get a Free Sample Report with Table of Contents – https://www.expertmarketresearch.com/reports/medical-devices-market...

Globally, the disease burden is shifting from infectious diseases to chronic conditions, with a corresponding escalation in the burden of cancer. Chronic diseases, such as heart disease, cancer, diabetes, stroke, and arthritis, are long-lasting in their effects. Cancer and cardiovascular diseases are the two most common causes of mortality. According to the World Health Organisation (WHO), globally, chronic diseases kill more than 38 million people each year. Moreover, cardiovascular diseases account for most of the chronic disease-related deaths in 2016 (17.5 million people annually), followed by cancers (8.2 million), respiratory diseases (4 million), and diabetes (1.5 million). These four groups account for 82% of all chronic disorder deaths. The rise in the incidences of chronic diseases has increased the demand for medical devices. The other factors, such as investment in R&D and the need for preventive healthcare, are driving the medical device technologies market.

Read Full Report with Table of Contents – https://www.expertmarketresearch.com/reports/medical-devices-market

Based on product type, the global market has been segmented into monitoring devices, diagnostic devices, drug delivery devices, surgical devices, bioimplants and stimulation devices, treatment equipment, and others. The monitoring devices have been further sub-segmented into cardiac monitoring devices, neuromonitoring devices, respiratory monitoring devices, multi-parameter monitoring devices, hemodynamic monitoring devices, fetal and neonatal monitoring devices, temperature monitoring devices, and weight monitoring devices. The diagnostic devices are further sub-segmented into surgical ENT devices, endoscopes, imaging devices, and others.

Note 1: As the novel coronavirus (COVID-19) continues to spread across the world, our analysts are constantly tracking the impact of this rapidly evolving situation on the markets and the consumer purchase behaviours. Thus, our latest estimates and analysis about the current market trends and forecast will exhaustively reflect the effects of this emerging pandemic.

Note 2: For a snapshot of the primary and secondary data of the market (2015-2025), along with business strategies and detailed market segmentation, please click on request sample report. The sample report shall be delivered to you within 24 hours.

About Us:

Expert Market Research is a leading business intelligence firm, providing custom and syndicated market reports along with consultancy services for our clients We serve a wide client base ranging from Fortune 1000 companies to small and medium enterprises Our reports cover over 100 industries across established and emerging markets researched by our skilled analysts who track the latest economic, demographic, trade and market data globally

At EMR, we tailor our approach according to our clients’ needs and preferences, providing them with valuable, actionable and up-to-date insights into the market, thus, helping them realize their optimum growth potential We offer market intelligence across a range of industry verticals which include Pharmaceuticals, Food and Beverage, Technology, Retail, Chemical and Materials, Energy and Mining, Packaging and Agriculture

We also provide state-of-the-art procurement intelligence through our platform, procurementresource.com Procurement Resource is a leading platform for digital procurement solutions, offering daily price tracking, market intelligence, supply chain intelligence, procurement analytics, and category insights through our thoroughly researched and infallible market reports, production cost reports, price analysis, and benchmarking.

Informes de Expertos, the Spanish variant of Expert Market Research, is a platform that offers market research and consultancy services to a broad clientele base across Spanish speaking countries. With our primary focus on the Latin America and Spain markets, our research experts provide relevant and actionable insights into the markets and track major trends, economic developments, and global trade data.

Determined to bring client satisfaction, we make sure that our tailored approach meets the client’s unique market intelligence requirements. Our syndicated and customized research reports cover a wide spectrum of industries ranging from pharmaceuticals and food and beverage to packaging, logistics, and transportation.

Media Contact

Company Name: Expert Market Research
Contact Person: Mathew Williams, Business Consultant
Email: [email protected]
Toll Free Number: +1-415-325-5166 | +44-702-402-5790
Address: 138 Duane St, NY 10013
City: New York City
State: New York
Country: United States
Website: https://www.expertmarketresearch.com