The United States medical
electronics market is expected to grow at a significant rate during the
forecast period. The surge in life expectancy of people is raising the presence
of the old age population in the United States. Old age people are more vulnerable
to getting affected by various diseases as they have lower immunity power than
the youth population who require effective treatment and thereby fueling the
growth of the medical electronics market. Strong economic position of the
United States and well-developed healthcare infrastructure is influencing the
medical electronics market growth. The growing need for lighter, smaller, and
highly portable medical devices which are more efficient and are cost-effective
in nature is expected to boost the growth of the medical electronics market.
The surge in the use of miniaturization technology in electronic medical
devices coupled with rising in the number of connected medical devices is
expected to foster market growth. The presence of favorable reimbursement
policies to promote the healthcare sector and rise in disposable income among
the consumers is enabling them to demand quality treatment. The industrial
revolution has bought digitalization of the manufacturing process of electronic
medical devices with the usage of emerging technologies such as robotics,
artificial intelligence, machine learning, and the internet of things to
produce advanced medical electronics and collect the data for analysis
purposes.
United States medical electronics
market is segmented into product type, end-user, regional distribution, and
company. Based on end-user, the market can be further divided into hospitals,
ambulatory surgical centers, clinics, and others. The hospitals segment is
expected to hold a major market share for the forecast period, 2023-2027, due
to the presence of well-developed healthcare facilities and skilled medical
professionals in the hospitals. Huge patient in-flow into the hospitals along
with supportive government policies is further expected to boost the growth of
this segment.
The major players operating in the
United States medical electronics market are Siemens Medical Solutions USA
Inc., Philips Healthcare (USA), Boston Scientific Corporation, Medtronic USA,
Inc., GE Healthcare, Canon U.S.A. Inc., Johnson & Johnson, Zoll Medical
Corporation, Integers Holding Corporation, Cala Health, Inc., among others.
Major companies are developing advanced technologies and launching new services
to stay competitive in the market. Other competitive strategies include mergers
& acquisitions and new service developments.
Objective of the Study:
- To analyze the historical growth of the market
size of United States medical electronics market from 2017 to 2020.
- To estimate and forecast the market size of United
States medical electronics market from 2021 to 2027 and growth rate until 2027.
- To classify and forecast United States medical
electronics market based on product type, end user, regional distribution,
and company.
- To identify dominant region or segment in the United
States medical electronics.
- To identify drivers and challenges for United
States medical electronics market.
- To examine competitive developments such as
expansions, new product launches, mergers & acquisitions, etc., in United
States medical electronics market.
- To identify and analyze the profile of leading
players operating in United States medical electronics market.
- To identify key sustainable strategies adopted
by market players in United States medical electronics market.
Click here to download the sample
TechSci Research performed both primary as well as
exhaustive secondary research for this study. Initially, TechSci Research
sourced a list of manufacturers across the globe. Subsequently, TechSci
Research conducted primary research surveys with the identified companies.
While interviewing, the respondents were also enquired about their competitors.
Through this technique, TechSci Research could include the manufacturers who
could not be identified due to the limitations of secondary research. TechSci
Research analyzed the manufacturers, distribution channels and presence of all
major players across the globe.
TechSci Research calculated the market size of United States medical electronics market
using a bottom-up approach, wherein data for various
end-user segments was recorded and forecast for the future years. TechSci
Research sourced these values from the industry experts and company
representatives and externally validated through analyzing historical data of
these product types and applications for getting an appropriate, overall market
size. Various secondary sources such as company websites, news articles, press
releases, company annual reports, investor presentations and financial reports
were also studied by TechSci Research.
Key Target Audience:
- Medical electronics manufacturing
companies
- Market research and
consulting firms
- Government bodies such as
regulating authorities and policy makers
- Organizations, forums, and
alliances related to medical electronics market.
The study is useful in providing answers
to several critical questions that are important for the industry stakeholders
such as manufacturers, suppliers and partners, end users, etc., besides
allowing them in strategizing investments and capitalizing on market
opportunities.
|
Attribute
|
Details
|
|
Base Year
|
2021
|
|
Historic Data
|
2017 – 2020
|
|
Estimated Year
|
2022
|
|
Forecast Period
|
2023 – 2027
|
|
Quantitative Units
|
Revenue in USD Million, and CAGR for 2017-2021 and 2022-2027
|
|
Report coverage
|
Revenue forecast, company share, competitive landscape, growth
factors, and trends
|
|
Segments covered
|
·
Product Type
·
End User
|
|
Regional scope
|
South-West, Mid-West, North-East
|
|
Key companies profiled
|
Siemens Medical Solutions USA Inc.,
Philips Healthcare (USA), Boston Scientific Corporation, Medtronic USA, Inc.,
GE Healthcare, Canon U.S.A. Inc., Johnson & Johnson, Zoll Medical
Corporation, Integers Holding Corporation, Cala Health, Inc.
|
|
Customization scope
|
10% free report customization with purchase. Addition or
alteration to regional & segment scope.
|
|
Pricing and purchase options
|
Avail customized purchase options to meet your exact research
needs. Explore purchase options
|
|
Delivery Format
|
PDF and Excel through Email (We can also provide the editable
version of the report in PPT/Word format on special request)
|
Report Scope:
In this report, United States medical
electronics market has been segmented into following categories, in addition to
the industry trends which have also been detailed below:
·
United States Medical Electronics Market,
By Product Type:
- United States Medical Electronics Market, By End
User:
- Hospitals
- Ambulatory
Surgical Centers
- Clinics
- Others
- United States Medical Electronics Market, By Region:
- South
- West
- Mid-West
- North East
Competitive
Landscape
Company Profiles: Detailed analysis of the major
companies present in United States medical electronics market.
Available
Customizations:
With the given market data, TechSci
Research offers customizations according to a company’s specific needs. The
following customization options are available for the report:
Company Information
- Detailed analysis and
profiling of additional market players (up to five).
United States medical electronics market is an upcoming report to be
released soon. If you wish an early delivery of this report or want to confirm
the date of release, please contact us at [email protected]