The report provides a comprehensive analysis of the potential of US Medical Device The report covers an overview and genesis of the industry, market size in terms of revenue generated.
The report has market segmentation which include segments by type of segment & by End-User. The report includes Porter’s five force analysis, growth enablers, recent trends & developments, pain points & solutions. The report concludes with future market projections of each market segmentation and analyst recommendations.
Growth rate of the market is going to increase over the period as market penetration rates increase.
The report has market segmentation which include segments by type of segment & by End-User. The report includes Porter’s five force analysis, growth enablers, recent trends & developments, pain points & solutions. The report concludes with future market projections of each market segmentation and analyst recommendations.
Market Overview
According to publisher estimates, the US Medical Devices Market which grew at a robust CAGR from 2017-2022 & is forecasted to grow steadily from 2022-2027 driven by rising technological implementation, cosmetic procedure market impacting the trends & increasing chronic lifestyle diseases.Key Trends by Market Segment
- By Segment: In-Vitro diagnostics is expected to register a higher CAGR in the upcoming years owing to increasing uptake of real time diagnostic tests for precise diagnosis of chronic & infectious diseases such as diabetes & cancer
- By End-Users: The Hospitals & ASC held a dominating share in 2022 due to increasing number of multi-speciality hospitals
Competitive Landscape:
The US Medical Device market is fragmented with players occupying almost half of the market. The key players operating in the market are not only competing based on product quality and promotion but are also focusing on strategic moves to hold larger market shares. The major companies dominating the US Medical Device market for its products, services, and continuous product developments are the basis of flexibility and price, brand recognition, quality, and the overall variety of the product offering among others.Future Outlook:
The USA Medical Device Market witnessed significant growth during the period 2017-2022, owing to increase in lifestyle diseases, technological implementation & increasing surgery procedures.Growth rate of the market is going to increase over the period as market penetration rates increase.
Additional benefits of purchasing an enterprise license:
- TAM/SAM/SOM Analysis
- Customer Cohort Analysis
- Marketing Initiatives
- White Space Opportunity Analysis
- Interactive Data Visualizations
- Customization: 20 Analyst Hours
- 3 Months Post Sales Analyst Support
- Complimentary Update Next Year
- Custom Webinars
Table of Contents
1. Executive Summary
2. US Medical Device Overview
3. US Medical Device Segmentation, 2022
4. End User Analysis of US Medical Device Market
5. Industry Analysis of US Medical Device Market
6. Competition Framework for US Medical Device Market
7. Future Outlook and Projections of the Market, 2022-2027
8. Market Opportunity and Analyst Recommendations
9. Research Methodology
Companies Mentioned (Partial List)
A selection of companies mentioned in this report includes, but is not limited to:
- Abbott
- Johnson & Johnson
- Beckton
- 3M Company
- General Electric
- Stryker
- Cardinal Health
