London, UK (PRWEB) October 03, 2014
The overall value of world medical electronics market is expected to reach the USD 56.50 billion mark by 2020, expanding at a CAGR of 5.5% during 2014-2020. North America will likely account for the largest share in the market, with Europe and APAC following in. With a steady increase in health care facilities and the rise of urbanisation, the demand for medical electronics is also set to surge proportionately to be cable of underpinning this growth. Developing nations like China and India are propelling the medical sector’s development; consequently, the medical electronics sector is boosting the growth in the overall health care market. The medical electronics market will likely benefit from emerging market investments that are improving health care standards, while the developed world is projected to keep on investing in more effective medical electronic products, procedures and systems, which provide better and personalised health care services. Medical devices like hemodynamic monitors and cardiac monitors are continuously increasing their market share in the medical monitoring applications.
Siemens AG, GE Healthcare, Texas Instruments Incorporated, Maxim Integrated, STMicroelectronics N.V., Freescale Semiconductor Inc., ON Semiconductor Corporation, and Renesas Electronics Corporation, among others, are the leading players in the market.
In-demand research study “Medical Electronics Market by Component (Sensor, Battery, Memory Device, Display, & Microprocessor/MCU), by Application (Imaging, Medical Therapeutics, Diagnosis, Monitoring, and Fitness & Wellness), and by Geography - Global Forecast to 2020" elaborated by MarketsandMarkets (M&M) is now available at MarketPublishers.com.
Title: Medical Electronics Market by Component (Sensor, Battery, Memory Device, Display, & Microprocessor/MCU), by Application (Imaging, Medical Therapeutics, Diagnosis, Monitoring, and Fitness & Wellness), and by Geography - Global Forecast to 2020
Published: September, 2014
Price: US$ 4,650.00
The research report casts light on the performance of the world medical electronics market. It provides an in-depth market segmentation based on component, application, and geography; offers a thorough examination of the key market growth drivers and restrains; addresses the major challenges and opportunities, reviews the hottest industry related issues, gives Porter’s five forces analysis and a value chain analysis. The study features the competition in the industry along with presenting extensive profiles the key industry players in the medical electronics industry, their most recent developments, and pertinent market share rankings. Furthermore, the study analyses the emerging market trends, advances in the technological domain, market demand of major segments, key growth areas, market sizing, and demand factors by region. Profitable investment strategies are disclosed in the report. Additionally, detailed forecasts to 2020 for the global medical electronics market can be found in the study.
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