World Medical Device Market to Grow 6.2% annually from 2014 to 2018

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Category : Medical Devices

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Research Findings

Global demand for medical devices is forecast to expand 6.2% p.a. between 2014 and 2018. China, Germany, Greece, Japan, and the United States are considered the highest potential markets in the coming years.

According to recently published research conducted by a leading international market research company, Global Research & Data Services, the expansion of the global medical device industry is forecast to reach 6.2% p.a. in the coming years.

Research Findings Continues…

Currently, electro-diagnostic devices account for 12.7 % of the global demand while the remaining market share is divided between orthopaedic and fracture devices (7.9%), X-ray devices (3.8%), therapeutic respiration devices (3.4%), syringes and needles (3.4%), pacemakers (2.7%), dental devices and instruments (2.4%), medical furniture (2.2%), mechano-therapy and psychological aptitude-test devices (2.2%), ophthalmic devices and instruments (2.2%), computed tomography devices (2.2%), hearing aids (1.8%), dental fittings (1.4%), parts and accessories for medical devices (4.4%), and other medical devices (47.3%).

China, Germany, Italy, Japan, and the United States represent the largest medical device markets while the strongest annual growth is forecast to occur in Greece (14.8%), Macedonia (12.4%), Sri Lanka (12.3%), Kazakhstan (11.7%), and Bolivia (11.1%).

Medical device market size compared to market growth in different countries.

Based on these Market Potential Rates, the top 20 highest potential medical device markets in the coming years are:

The Latest Market Data For This Research Include: Overall medical device market size, 2007-2018

Medical device market size by product segment, 2007-2018

Growth rates of the overall medical device market and different product segments, 2007-2018

Shares of different product segments of the overall medical device market, 2007, 2013 and 2018

Market Potential Rates of the overall medical device market and different product segments

The Product Segments Analyzed In The Data Reports Include: Electro-cardiographs Magnetic resonance imaging devices Scintigraphic devices Ultrasonic scanning devices Other electro-diagnostic devices Medical and surgical sterilizers Needles for sutures and tubular metal needles Syringes Ultra-violet and infra-red ray devices Breathing devices and gas masks Mechano-therapy and psychological aptitude-test devices Therapeutic respiration devices Ophthalmic devices and instruments Dental drill engines Other dental devices and instruments Artificial teeth Other orthopaedic and fracture devices Computed tomography devices and More…

Company Coverarge (Partial List)

3M Co Abbott Alere Inc Alfresa Holdings Corporation Allegiance Corporation Allergan, Inc. AMETEK, Inc. Ansell Limited B Braun Melsungen Aktiengesellschaft Bausch & Lomb Incorporated Baxter International Inc. Becton, Dickinson and Co. Beiersdorf AG Boston Scientific Corporation Bsc International C.R. Bard, Inc. Canon

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World Medical Device Market to Grow 6.2% annually from 2014 to 2018

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