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Medical Electronics Market Size, Share & Trends Analysis Report by Application (Imaging, Therapeutics, Homecare/Handheld Products, Patient Monitoring), Region, and Segment Forecasts, 2025-2030

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    Report

  • 100 Pages
  • October 2024
  • Region: Global
  • Grand View Research
  • ID: 6024628
The global medical electronics market size is anticipated to reach USD 12.21 billion by 2030. The market is projected to grow at a CAGR of 6.7% from 2025 to 2030. Technological advancements have boosted the applications of electronics in the fields of diagnostics, therapeutics, and wellness. Increasing geriatric population coupled with sedentary lifestyle contributes to chronic cardiovascular, gastrointestinal, and respiratory disorders.

Diagnostic applications of medical electronics are fueled due to growing awareness about healthcare amongst people. The population in developed countries opts for early diagnosis for effective treatment and cure. Increasing adoption of newer technology in diagnostics is expected to upsurge the market in the future.

Aging population creates a need for critical care of long duration, thus increasing the demand for life-supporting devices, such as ventilators and dialysis devices. A growing number of accidents and permanent injuries also contribute to this upsurge. Improving healthcare facilities eases the procedures of reimbursements and related medical procedures even in developing countries.

Industry players are focused on the commercialization of new technologies and integrated systems. In August 2016, Siemens launched a new product, Sysmex CS-2500. It is a coagulation analyzer and has applications in diagnostics.

Medical Electronics Market Report Highlights

  • Imaging applications of medical electronics led the market with a revenue share of 35.3% in 2024, driven by the increasing prevalence of chronic diseases such as cancer and neurological disorders.
  • Homecare/handheld products are projected to witness the fastest CAGR of 7.8% over the forecast period. The increasing prevalence of chronic diseases and an aging population are driving segment growth further.
  • North America's medical electronics market dominated the global market with a revenue share of 35.7% in 2024, fueled by its advanced healthcare infrastructure and high spending on medical technologies, leading the global market in healthcare expenditures.
  • The Asia Pacific medical electronics market is expected to register the fastest CAGR of 7.9% over the forecast period attributed to significant investments in healthcare infrastructure, a large population base, and rapid economic growth.

Why should you buy this report?

  • Comprehensive Market Analysis: Gain detailed insights into the global market across major regions and segments
  • Competitive Landscape: Explore the market presence of key players worldwide
  • Future Trends: Discover the pivotal trends and drivers shaping the future of the global market
  • Actionable Recommendations: Utilize insights to uncover new revenue streams and guide strategic business decisions

This report addresses:

  • Market intelligence to enable effective decision-making
  • Market estimates and forecasts from 2018 to 2030
  • Growth opportunities and trend analyses
  • Segment and regional revenue forecasts for market assessment
  • Competition strategy and market share analysis
  • Product innovation listing for you to stay ahead of the curve
  • COVID-19's impact and how to sustain in these fast-evolving markets

The leading players in the Medical Electronics market include:

  • FUJIFILM Holdings Corporation
  • CANON MEDICAL SYSTEMS CORPORATION
  • Koninklijke Philips N.V.
  • MCKESSON CORPORATION
  • iCAD, Inc.
  • Siemens Healthineers AG
  • GE Healthcare
  • Analog Devices, Inc.
  • Texas Instruments Incorporated
  • Biotronik
  • STMicroelectronics


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Table of Contents

Chapter 1. Methodology and Scope
1.1. Market Segmentation & Scope
1.2. Segment Definitions
1.2.1. Application
1.3. Estimates and Forecast Timeline
1.4. Research Methodology
1.5. Information Procurement
1.5.1. Purchased Database
1.5.2. Internal Database
1.5.3. Secondary Sources
1.5.4. Primary Research
1.6. Information Analysis
1.6.1. Data Analysis Models
1.7. Market Formulation & Data Visualization
1.8. Model Details
1.8.1. Commodity Flow Analysis
1.9. List of Secondary Sources
1.10. Objectives
Chapter 2. Executive Summary
2.1. Market Snapshot
2.2. Segment Snapshot
2.3. Competitive Landscape Snapshot
Chapter 3. Medical Electronics Market Variables, Trends, & Scope
3.1. Market Lineage Outlook
3.2. Market Dynamics
3.2.1. Market Driver Analysis
3.2.2. Market Restraint Analysis
3.3. Business Environment Analysis
3.3.1. Industry Analysis - Porter’s Five Forces Analysis
3.3.1.1. Supplier Power
3.3.1.2. Buyer Power
3.3.1.3. Substitution Threat
3.3.1.4. Threat of New Entrants
3.3.1.5. Competitive Rivalry
3.3.2. PESTLE Analysis
Chapter 4. Medical Electronics Market: Application Business Analysis
4.1. Application Market Share, 2025 & 2030
4.2. Application Segment Dashboard
4.3. Market Size & Forecasts and Trend Analysis, by Application, 2018 to 2030 (USD Million)
4.4. Imaging
4.4.1. Imaging Market, 2018 - 2030 (USD Million)
4.5. Therapeutics
4.5.1. Therapeutics Market, 2018 - 2030 (USD Million)
4.6. Homecare/Handheld Products
4.6.1. Homecare/Handheld Products Market, 2018 - 2030 (USD Million)
4.7. Patient Monitoring
4.7.1. Patient Monitoring Market, 2018 - 2030 (USD Million)
Chapter 5. Medical Electronics Market: Regional Estimates & Trend Analysis by Application
5.1. Regional Market Share Analysis, 2025 & 2030
5.2. Regional Market Dashboard
5.3. Market Size, & Forecasts Trend Analysis, 2018 to 2030:
5.4. North America
5.4.1. North America Medical Electronics Market Estimates And Forecasts, By Country, 2018 - 2030 (USD Million)
5.4.2. U.S.
5.4.2.1. Key Country Dynamics
5.4.2.2. Regulatory Framework
5.4.2.3. Competitive Insights
5.4.2.4. U.S. Medical Electronics Market Estimates And Forecasts, 2018 - 2030 (USD Million)
5.4.3. Canada
5.4.3.1. Key Country Dynamics
5.4.3.2. Regulatory Framework
5.4.3.3. Competitive Insights
5.4.3.4. Canada Medical Electronics Market Estimates And Forecasts, 2018 - 2030 (USD Million)
5.4.4. Mexico
5.4.4.1. Key Country Dynamics
5.4.4.2. Regulatory Framework
5.4.4.3. Competitive Insights
5.4.4.4. Mexico Medical Electronics Market Estimates And Forecasts, 2018 - 2030 (USD Million)
5.5. Europe
5.5.1. Europe Medical Electronics Market Estimates And Forecasts, By Country, 2018 - 2030 (USD Million)
5.5.2. UK
5.5.2.1. Key Country Dynamics
5.5.2.2. Regulatory Framework
5.5.2.3. Competitive Insights
5.5.2.4. UK Medical Electronics Market Estimates And Forecasts, 2018 - 2030 (USD Million)
5.5.3. Germany
5.5.3.1. Key Country Dynamics
5.5.3.2. Regulatory Framework
5.5.3.3. Competitive Insights
5.5.3.4. Germany Medical Electronics Market Estimates And Forecasts, 2018 - 2030 (USD Million)
5.5.4. France
5.5.4.1. Key Country Dynamics
5.5.4.2. Regulatory Framework
5.5.4.3. Competitive Insights
5.5.4.4. France Medical Electronics Market Estimates And Forecasts, 2018 - 2030 (USD Million)
5.5.5. Italy
5.5.5.1. Key Country Dynamics
5.5.5.2. Regulatory Framework
5.5.5.3. Competitive Insights
5.5.5.4. Italy Medical Electronics Market Estimates And Forecasts, 2018 - 2030 (USD Million)
5.5.6. Spain
5.5.6.1. Key Country Dynamics
5.5.6.2. Regulatory Framework
5.5.6.3. Competitive Insights
5.5.6.4. Spain Medical Electronics Market Estimates And Forecasts, 2018 - 2030 (USD Million)
5.5.7. Norway
5.5.7.1. Key Country Dynamics
5.5.7.2. Regulatory Framework
5.5.7.3. Competitive Insights
5.5.7.4. Norway Medical Electronics Market Estimates And Forecasts, 2018 - 2030 (USD Million)
5.5.8. Denmark
5.5.8.1. Key Country Dynamics
5.5.8.2. Regulatory Framework
5.5.8.3. Competitive Insights
5.5.8.4. Denmark Medical Electronics Market Estimates And Forecasts, 2018 - 2030 (USD Million)
5.5.9. Sweden
5.5.9.1. Key Country Dynamics
5.5.9.2. Regulatory Framework
5.5.9.3. Competitive Insights
5.5.9.4. Sweden Medical Electronics Market Estimates And Forecasts, By Country, 2018 - 2030 (USD Million)
5.6. Asia Pacific
5.6.1. Asia Pacific Medical Electronics Market Estimates And Forecasts, 2018 - 2030 (USD Million)
5.6.2. Japan
5.6.2.1. Key Country Dynamics
5.6.2.2. Regulatory Framework
5.6.2.3. Competitive Insights
5.6.2.4. Japan Medical Electronics Market Estimates And Forecasts, 2018 - 2030 (USD Million)
5.6.3. China
5.6.3.1. Key Country Dynamics
5.6.3.2. Regulatory Framework
5.6.3.3. Competitive Insights
5.6.3.4. China Medical Electronics Market Estimates And Forecasts, 2018 - 2030 (USD Million)
5.6.4. India
5.6.4.1. Key Country Dynamics
5.6.4.2. Regulatory Framework
5.6.4.3. Competitive Insights
5.6.4.4. India Medical Electronics Market Estimates And Forecasts, 2018 - 2030 (USD Million)
5.6.5. South Korea
5.6.5.1. Key Country Dynamics
5.6.5.2. Regulatory Framework
5.6.5.3. Competitive Insights
5.6.5.4. South Korea Medical Electronics Market Estimates And Forecasts, 2018 - 2030 (USD Million)
5.6.6. Australia
5.6.6.1. Key Country Dynamics
5.6.6.2. Regulatory Framework
5.6.6.3. Competitive Insights
5.6.6.4. Australia Medical Electronics Market Estimates And Forecasts, 2018 - 2030 (USD Million)
5.6.7. Thailand
5.6.7.1. Key Country Dynamics
5.6.7.2. Regulatory Framework
5.6.7.3. Competitive Insights
5.6.7.4. Thailand Medical Electronics Market Estimates And Forecasts, 2018 - 2030 (USD Million)
5.7. Latin America
5.7.1. Latin America Medical Electronics Market Estimates And Forecasts, By Country, 2018 - 2030 (USD Million)
5.7.2. Brazil
5.7.2.1. Key Country Dynamics
5.7.2.2. Regulatory Framework
5.7.2.3. Competitive Insights
5.7.2.4. Brazil Medical Electronics Market Estimates And Forecasts, 2018 - 2030 (USD Million)
5.7.3. Argentina
5.7.3.1. Key Country Dynamics
5.7.3.2. Regulatory Framework
5.7.3.3. Competitive Insights
5.7.3.4. Argentina Medical Electronics Market Estimates And Forecasts, 2018 - 2030 (USD Million)
5.8. MEA
5.8.1. MEA Medical Electronics Market Estimates And Forecasts, By Country, 2018 - 2030 (USD Million)
5.8.2. South Africa
5.8.2.1. Key Country Dynamics
5.8.2.2. Regulatory Framework
5.8.2.3. Competitive Insights
5.8.2.4. South Africa Medical Electronics Market Estimates And Forecasts, 2018 - 2030 (USD Million)
5.8.3. Saudi Arabia
5.8.3.1. Key Country Dynamics
5.8.3.2. Regulatory Framework
5.8.3.3. Competitive Insights
5.8.3.4. Saudi Arabia Medical Electronics Market Estimates And Forecasts, 2018 - 2030 (USD Million)
5.8.4. UAE
5.8.4.1. Key Country Dynamics
5.8.4.2. Regulatory Framework
5.8.4.3. Competitive Insights
5.8.4.4. UAE Medical Electronics Market Estimates And Forecasts, 2018 - 2030 (USD Million)
5.8.5. Kuwait
5.8.5.1. Key Country Dynamics
5.8.5.2. Regulatory Framework
5.8.5.3. Competitive Insights
5.8.5.4. Kuwait Medical Electronics Market Estimates And Forecasts, 2018 - 2030 (USD Million)
Chapter 6. Competitive Landscape
6.1. Participant Overview
6.2. Company Market Position Analysis
6.3. Company Categorization
6.4. Strategy Mapping
6.5. Company Profiles/Listing
6.5.1. FUJIFILM Holdings Corporation
6.5.1.1. Overview
6.5.1.2. Financial Performance
6.5.1.3. Product Benchmarking
6.5.1.4. Strategic Initiatives
6.5.2. CANON MEDICAL SYSTEMS CORPORATION
6.5.2.1. Overview
6.5.2.2. Financial Performance
6.5.2.3. Product Benchmarking
6.5.2.4. Strategic Initiatives
6.5.3. Koninklijke Philips N.V.
6.5.3.1. Overview
6.5.3.2. Financial Performance
6.5.3.3. Product Benchmarking
6.5.3.4. Strategic Initiatives
6.5.4. MCKESSON CORPORATION
6.5.4.1. Overview
6.5.4.2. Financial Performance
6.5.4.3. Product Benchmarking
6.5.4.4. Strategic Initiatives
6.5.5. iCAD, Inc.
6.5.5.1. Overview
6.5.5.2. Financial Performance
6.5.5.3. Product Benchmarking
6.5.5.4. Strategic Initiatives
6.5.6. Siemens Healthineers AG
6.5.6.1. Overview
6.5.6.2. Financial Performance
6.5.6.3. Product Benchmarking
6.5.6.4. Strategic Initiatives
6.5.7. GE Healthcare
6.5.7.1. Overview
6.5.7.2. Financial Performance
6.5.7.3. Product Benchmarking
6.5.7.4. Strategic Initiatives
6.5.8. Analog Devices, Inc.
6.5.8.1. Overview
6.5.8.2. Financial Performance
6.5.8.3. Product Benchmarking
6.5.8.4. Strategic Initiatives
6.5.9. Texas Instruments Incorporated
6.5.9.1. Overview
6.5.9.2. Financial Performance
6.5.9.3. Product Benchmarking
6.5.9.4. Strategic Initiatives
6.5.10. Biotronik
6.5.10.1. Overview
6.5.10.2. Financial Performance
6.5.10.3. Product Benchmarking
6.5.10.4. Strategic Initiatives
6.5.11. STMicroelectronics
6.5.11.1. Overview
6.5.11.2. Financial Performance
6.5.11.3. Product Benchmarking
6.5.11.4. Strategic Initiatives
List of Tables
Table 1. List of secondary sources
Table 2. List of abbreviations
Table 3. Global medical electronics market, by region, 2018 - 2030 (USD Million)
Table 4. Global medical electronics market, by application, 2018 - 2030 (USD Million)
Table 5. North America medical electronics market, by country, 2018 - 2030 (USD Million)
Table 6. North America medical electronics market, by application, 2018 - 2030 (USD Million)
Table 7. U.S. medical electronics market, by application, 2018 - 2030 (USD Million)
Table 8. Canada medical electronics market, by application, 2018 - 2030 (USD Million)
Table 9. Mexico medical electronics market, by application, 2018 - 2030 (USD Million)
Table 10. Europe medical electronics market, by country, 2018 - 2030 (USD Million)
Table 11. Europe medical electronics market, by application, 2018 - 2030 (USD Million)
Table 12. UK medical electronics market, by application, 2018 - 2030 (USD Million)
Table 13. Germany medical electronics market, by application, 2018 - 2030 (USD Million)
Table 14. France medical electronics market, by application, 2018 - 2030 (USD Million)
Table 15. Italy medical electronics market, by application, 2018 - 2030 (USD Million)
Table 16. Spain medical electronics market, by application, 2018 - 2030 (USD Million)
Table 17. Norway medical electronics market, by application, 2018 - 2030 (USD Million)
Table 18. Denmark medical electronics market, by application, 2018 - 2030 (USD Million)
Table 19. Sweden medical electronics market, by application, 2018 - 2030 (USD Million)
Table 20. Asia Pacific medical electronics market, by country, 2018 - 2030 (USD Million)
Table 21. Asia Pacific medical electronics market, by application, 2018 - 2030 (USD Million)
Table 22. Japan medical electronics market, by application, 2018 - 2030 (USD Million)
Table 23. China medical electronics market, by application, 2018-2030 (USD Million)
Table 24. India medical electronics market, by application, 2018 - 2030 (USD Million)
Table 25. Australia medical electronics market, by application, 2018 - 2030 (USD Million)
Table 26. South Korea medical electronics market, by application, 2018 - 2030 (USD Million)
Table 27. Thailand medical electronics market, by application, 2018 - 2030 (USD Million)
Table 28. Latin America medical electronics market, by country, 2018 - 2030 (USD Million)
Table 29. Latin America medical electronics market, by application, 2018 - 2030 (USD Million)
Table 30. Brazil medical electronics market, by application, 2018 - 2030 (USD Million)
Table 31. Argentina medical electronics market, by application, 2018 - 2030 (USD Million)
Table 32. Middle East & Africa Medical electronics market, by country, 2018 - 2030 (USD Million)
Table 33. Middle East & Africa medical electronics market, by application, 2018 - 2030 (USD Million)
Table 34. South Africa medical electronics market, by application, 2018 - 2030 (USD Million)
Table 35. Saudi Arabia medical electronics market, by application, 2018 - 2030 (USD Million)
Table 36. UAE medical electronics market, by application, 2018 - 2030 (USD Million)
Table 37. Kuwait medical electronics market, by application, 2018 - 2030 (USD Million)
List of Figures
Fig. 1 Medical electronics market segmentation
Fig. 2 Market research process
Fig. 3 Data triangulation techniques
Fig. 4 Primary research pattern
Fig. 5 Market research approaches
Fig. 6 Value-chain-based sizing & forecasting
Fig. 7 Market formulation & validation
Fig. 8 Market snapshot
Fig. 9 Application outlook (USD Million)
Fig. 10 Competitive landscape
Fig. 11 Medical electronics market dynamics
Fig. 12 Medical electronics market: Porter’s five forces analysis
Fig. 13 Medical electronics market: PESTLE analysis
Fig. 14 Medical electronics market: Application segment dashboard
Fig. 15 Medical electronics market: Application market share analysis, 2025 & 2030
Fig. 16 Imaging market, 2018 - 2030 (USD Million)
Fig. 17 Therapeutics market, 2018 - 2030 (USD Million)
Fig. 18 Homecare/handheld products market, 2018 - 2030 (USD Million)
Fig. 19 Patient monitoring market, 2018 - 2030 (USD Million)
Fig. 20 Medical electronics market revenue, by region
Fig. 21 Regional marketplace: Key takeaways
Fig. 22 Regional marketplace: Key takeaways
Fig. 23 North America medical electronics market, 2018 - 2030 (USD Million)
Fig. 24 U.S. country dynamics
Fig. 25 U.S. medical electronics market, 2018 - 2030 (USD Million)
Fig. 26 Canada country dynamics
Fig. 27 Canada medical electronics market, 2018 - 2030 (USD Million)
Fig. 28 Mexico country dynamics
Fig. 29 Mexico medical electronics market, 2018 - 2030 (USD Million)
Fig. 30 Europe medical electronics market, 2018 - 2030 (USD Million)
Fig. 31 UK country dynamics
Fig. 32 UK medical electronics market, 2018 - 2030 (USD Million)
Fig. 33 Germany country dynamics
Fig. 34 Germany medical electronics market, 2018 - 2030 (USD Million)
Fig. 35 France country dynamics
Fig. 36 France medical electronics market, 2018 - 2030 (USD Million)
Fig. 37 Italy country dynamics
Fig. 38 Italy medical electronics market, 2018 - 2030 (USD Million)
Fig. 39 Spain country dynamics
Fig. 40 Spain medical electronics market, 2018 - 2030 (USD Million)
Fig. 41 Norway country dynamics
Fig. 42 Norway medical electronics market, 2018 - 2030 (USD Million)
Fig. 43 Sweden country dynamics
Fig. 44 Sweden medical electronics market, 2018 - 2030 (USD Million)
Fig. 45 Denmark country dynamics
Fig. 46 Denmark medical electronics market, 2018 - 2030 (USD Million)
Fig. 47 Asia Pacific medical electronics market, 2018 - 2030 (USD Million)
Fig. 48 Japan country dynamics
Fig. 49 Japan medical electronics market, 2018 - 2030 (USD Million)
Fig. 50 China country dynamics
Fig. 51 China medical electronics market, 2018 - 2030 (USD Million)
Fig. 52 India country dynamics
Fig. 53 India medical electronics market, 2018 - 2030 (USD Million)
Fig. 54 Australia country dynamics
Fig. 55 Australia medical electronics market, 2018 - 2030 (USD Million)
Fig. 56 South Korea country dynamics
Fig. 57 South Korea medical electronics market, 2018 - 2030 (USD Million)
Fig. 58 Thailand country dynamics
Fig. 59 Thailand medical electronics market, 2018 - 2030 (USD Million)
Fig. 60 Latin America medical electronics market, 2018 - 2030 (USD Million)
Fig. 61 Brazil country dynamics
Fig. 62 Brazil medical electronics market, 2018 - 2030 (USD Million)
Fig. 63 Argentina country dynamics
Fig. 64 Argentina medical electronics market, 2018 - 2030 (USD Million)
Fig. 65 MEA medical electronics market, 2018 - 2030 (USD Million)
Fig. 66 South Africa country dynamics
Fig. 67 South Africa medical electronics market, 2018 - 2030 (USD Million)
Fig. 68 Saudi Arabia country dynamics
Fig. 69 Saudi Arabia medical electronics market, 2018 - 2030 (USD Million)
Fig. 70 UAE country dynamics
Fig. 71 UAE medical electronics market, 2018 - 2030 (USD Million)
Fig. 72 Kuwait country dynamics
Fig. 73 Kuwait medical electronics market, 2018 - 2030 (USD Million)
Fig. 74 Company categorization
Fig. 75 Company market position analysis
Fig. 76 Strategic framework

Companies Mentioned

  • FUJIFILM Holdings Corporation
  • CANON MEDICAL SYSTEMS CORPORATION
  • Koninklijke Philips N.V.
  • MCKESSON CORPORATION
  • iCAD, Inc.
  • Siemens Healthineers AG
  • GE Healthcare
  • Analog Devices, Inc.
  • Texas Instruments Incorporated
  • Biotronik
  • STMicroelectronics

Methodology

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