According to the publisher's new market research study on “Medical Devices Market to 2027 - South & Central America Analysis and Forecast - by Product Type, Function, and End Use, the is expected to reach US$ 24,642.7 million in 2027 from US$ 17,612.3 million in 2019; it is estimated to grow at a CAGR of 4.4% from 2020 to 2027. The report highlights trends prevailing in the South & Central America Medical Devices Market and the drivers and restraints pertaining to the market growth.
Based on end user, the medical device market is segmented into hospitals, homecare, ambulatory surgical centers and others. The hospital segment held the largest share of the market in 2019 and the same segment is estimated to register the highest CAGR of 6.7% in the market during the forecast period. Hospitals are primary contact points for the patients to get their diagnosis done and opt for treatment options and alternatives. Available infrastructure in hospitals is capable of providing high quality care on any kind of disease condition as they have access to advanced medical devices. Hospitals segment is estimated to hold considerable share as majority of the patients in emerging nations and developed countries as well prefer to visit hospitals for any kind of health-related problem. Further, increasing number of hospitals and growing accessibility in emerging nations are also estimated to offer lucrative opportunity for growth of the hospital segment during the forecast period
Medtronic, Abbott, Boston Scientific Corporation, Braun Melsungen AG, 3M, General Electric Company, Stryker Corporation, Koninklijke Philips N. V., Siemens AG, Johnson and Johnson Services, Inc.are among the leading companies operating in the Medical Devices Market.
Reasons to Buy
Based on end user, the medical device market is segmented into hospitals, homecare, ambulatory surgical centers and others. The hospital segment held the largest share of the market in 2019 and the same segment is estimated to register the highest CAGR of 6.7% in the market during the forecast period. Hospitals are primary contact points for the patients to get their diagnosis done and opt for treatment options and alternatives. Available infrastructure in hospitals is capable of providing high quality care on any kind of disease condition as they have access to advanced medical devices. Hospitals segment is estimated to hold considerable share as majority of the patients in emerging nations and developed countries as well prefer to visit hospitals for any kind of health-related problem. Further, increasing number of hospitals and growing accessibility in emerging nations are also estimated to offer lucrative opportunity for growth of the hospital segment during the forecast period
Medtronic, Abbott, Boston Scientific Corporation, Braun Melsungen AG, 3M, General Electric Company, Stryker Corporation, Koninklijke Philips N. V., Siemens AG, Johnson and Johnson Services, Inc.are among the leading companies operating in the Medical Devices Market.
Reasons to Buy
- To understand the South & Central America Medical Devices market landscape and identify market segments that are most likely to guarantee a strong return
- Stay ahead of the race by comprehending the ever-changing competitive landscape for the South & Central America Medical Devices market
- Efficiently plan M&A and partnership deals in the South & Central America Medical Devices market by identifying market segments with the most promising probable sales
- Helps to take knowledgeable business decisions from perceptive and comprehensive analysis of market performance of various segments from the South & Central America Medical Devices market
- Obtain market revenue forecast for market by various segments from 2019 to 2027 in the region
Table of Contents
1. Introduction
3. Research Methodology
4. Medical Devices Market - Market Landscape
5. Medical Devices Market - Key Market Dynamics
6. Medical Device Market Analysis - by Product Type
7. Medical Devices Market- by Function
8. Medical Device Market Analysis - by End User
9. Medical Devices Market - Geographic Analysis
10. Impact Of COVID-19 Pandemic On SCAM Medical Devices Market
11. COMPANY PROFILES
12. Appendix
List of Tables
List of Figures
Companies Mentioned
- Medtronic
- Abbott
- Boston Scientific Corporation
- Braun Melsungen AG
- 3M
- General Electric Company
- Stryker Corporation
- Koninklijke Philips N.V.
- Siemens AG;
- Johnson and Johnson Services, Inc.
