Global Medical Electronics Market By Product Type (Therapeutic and Diagnostics), By End-user (Hospital, Ambulatory Surgical Center, Clinic & Others), By Region (North America, Europe, Asia-Pacific & Others), Competition, Forecast & Opportunities, 2024

Global medical electronics market was valued over $ 73 billion in 2018 and is projected to grow at a CAGR of around 8% to reach $ 113 billion by 2024 on account of increasing demand for advanced healthcare facilities and growing geriatric population across the globe. Medical electronics refer to those electrical equipment and devices which are used for medical purposes such as examination, diagnosis, treatment and assistance. Rising healthcare awareness and technological advancements are further expected to boost the growth of global medical electronics market. Moreover, rising number of lifestyle diseases and favorable regulatory policies for the expansion of medical electronics industry are further anticipated to positively influence global medical electronics market through 2024.

Global medical electronics market can be segmented based on product type and end-user. Based on the product type, the market can be bifurcated into diagnostics and therapeutic. Diagnostics product type includes patient monitoring devices, PET/CT devices, MRI scanners, ultrasound devices, X-ray devices, CT Scanners and others. Diagnostics segment acquires the majority share in the market owing to increasing awareness regarding benefits of early diagnosis. Therapeutic segment is anticipated to witness the fastest growth in global medical electronics market on account of increasing prevalence of cardiovascular and neurological diseases. In terms of end user, the market can be segmented into hospital, ambulatory surgical centers, clinics and others. Hospital segment acquired the majority share in global medical electronics market as the hospitals covered under the public healthcare system are equipped with advanced medical devices, which is promoting the growth of medical electronics in this sector.

Regionally, the market for medical electronics is gaining traction and expanding to various regions including, North America, Europe, Asia-Pacific, South America and Middle East & Africa. North America is leading global medical electronics market owing to improved healthcare infrastructure and surging demand for medical electronics in the region.

The major players operating in global medical electronics market include Johnson & Johnson Services, Inc., GE Healthcare Pvt. Ltd, Philips Healthcare Pvt. Ltd., Siemens AG, Medtronic Plc., Baxter International Inc., etc. Major companies are developing advanced technologies and launching new products in order to stay competitive in the market. Other competitive strategies include mergers & acquisitions and new product developments. GE Healthcare and Wipro inked partnership in order to attain effective management, resource mobilization, and higher growth.
Years Considered for this Report:
Historical Years: 2014-2017
Base Year: 2018
Estimated Year: 2019
Forecast Period: 20202024
Objective of the Study:
To analyze and forecast the market size of global medical electronics market.
To classify and forecast global medical electronics market based on product type, end-user and regional distribution.
To identify drivers and challenges for global medical electronics market.
To examine competitive developments such as expansions, new product launches, mergers & acquisitions, etc., in global medical electronics market.
To conduct pricing analysis for global medical electronics market.
To identify and analyze the profile of leading players operating in the global medical electronics market.

Some of the leading players in global medical electronics market are Johnson & Johnson Services, Inc., GE Healthcare Pvt. Ltd, Philips Healthcare Pvt. Ltd., Siemens AG, Medtronic Plc., Baxter International Inc., etc.
They performed both primary as well as exhaustive secondary research for this study. Initially, they sourced a list of manufacturers across the globe. Subsequently, They conducted primary research surveys with the identified companies. While interviewing, the respondents were also enquired about their competitors. Through this technique, they could include the manufacturers which could not be identified due to the limitations of secondary research. They analyzed the manufacturers, distribution channels and presence of all major players across the globe.
They calculated the market size of global medical electronics market using a bottom-up approach, wherein data for various end-user segments was recorded and forecast for the future years. They 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.
Key Target Audience:
Original device manufacturers (ODMs)
Government bodies such as regulating authorities and policy makers
Organizations, forums and alliances related to medical electronics
Market research and consulting firms
The study is useful in providing answers to several critical questions that are important for the industry stakeholders such as manufacturers and partners, end users, etc., besides allowing them in strategizing investments and capitalizing on market opportunities.
Report Scope:
In this report, global medical electronics market has been segmented into following categories, in addition to the industry trends which have also been detailed below:
Market, By Product Type:
oDiagnostics
Patient Monitoring Devices
PET/CT Devices
MRI Scanners
Ultrasound Devices
X-rays Devices
CT Scanners
Others (Hemodynamic Monitors, Cardiac Monitors, etc.)
oTherapeutic
Pacemaker
Implantable Cardioverter-Defibrillators
Implantable Loop Recorders
Spinal Cord Stimulators
Surgical Robots
Respiratory Care Devices
Others (Endoscopes, Neurostimulation devices, etc.)
Market, By End-User:
oHospital
oAmbulatory surgical centers
oClinics
oOthers
Market, By Region:
oNorth America
United States
Canada
Mexico
oEurope
Germany
United Kingdom
France
Spain
Italy
oAsia-Pacific
China
Japan
India
Australia
South Korea
oSouth America
Brazil
Argentina
Colombia
oMiddle East & Africa
Saudi Arabia
UAE
South Africa
Iran
Competitive Landscape
Company Profiles: Detailed analysis of the major companies present in global medical electronics market.
Available Customizations:
With the given market data,they offers customizations according the companys specific needs. The following customization options are available for the report:
Company Information
Detailed analysis and profiling of additional market players (up to five).
1.Product Overview
2.Research Methodology
3.Executive Summary
4.Voice of Customer
5.Global Medical Electronics Market Outlook
5.1.Market Size & Forecast
5.1.1.By Value
5.2.Market Share & Forecast
5.2.1.By Product Type (Therapeutic & Diagnostics)
5.2.1.1.Therapeutic (Pacemaker, Implantable Cardioverter-Defibrillators, Implantable Loop Recorders, Spinal cord stimulators, Surgical Robots, Respiratory Care Devices, Others)
5.2.1.2.Diagnostics (Patient Monitoring Devices, PET/CT Devices, MRI Scanners, Ultrasound Devices, X-rays Devices, CT Scanners, Others)
5.2.2.By End-user (Hospital, Ambulatory surgical centers, Clinics and Others)
5.2.3.By Region
5.2.4.By Company
5.3.Market Attractiveness Index
6.North America Medical Electronics Market Outlook
6.1.Market Size & Forecast
6.1.1.By Value
6.2.Market Share & Forecast
6.2.1.By Product Type
6.2.2.By End User
6.2.3.By Country
6.3.North America: Country Analysis
6.3.1.United States Medical Electronics Market Outlook
6.3.1.1.Market Size & Forecast
6.3.1.1.1.By Value
6.3.1.2.Market Share & Forecast
6.3.1.2.1.By Product Type
6.3.1.2.2.By End User
6.3.2.Canada Medical Electronics Market Outlook
6.3.2.1.Market Size & Forecast
6.3.2.1.1.By Value
6.3.2.2.Market Share & Forecast
6.3.2.2.1.By Product Type
6.3.2.2.2.By End User
6.3.3.Mexico Medical Electronics Market Outlook
6.3.3.1.Market Size & Forecast
6.3.3.1.1.By Value
6.3.3.2.Market Share & Forecast
6.3.3.2.1.By Product Type
6.3.3.2.2.By End User
7.Europe Medical Electronics Market Outlook
7.1.Market Size & Forecast
7.1.1.By Value
7.2.Market Share & Forecast
7.2.1.By Product Type
7.2.2.By End User
7.2.3.By Country
7.3.Europe: Country Analysis
7.3.1.Germany Medical Electronics Market Outlook
7.3.1.1.Market Size & Forecast
7.3.1.1.1.By Value
7.3.1.2.Market Share & Forecast
7.3.1.2.1.By Product Type
7.3.1.2.2.By End User
7.3.2.United Kingdom Medical Electronics Market Outlook
7.3.2.1.Market Size & Forecast
7.3.2.1.1.By Value
7.3.2.2.Market Share & Forecast
7.3.2.2.1.By Product Type
7.3.2.2.2.By End User
7.3.3.France Medical Electronics Market Outlook
7.3.3.1.Market Size & Forecast
7.3.3.1.1.By Value
7.3.3.2.Market Share & Forecast
7.3.3.2.1.By Product Type
7.3.3.2.2.By End User
7.3.4.Spain Medical Electronics Market Outlook
7.3.4.1.Market Size & Forecast
7.3.4.1.1.By Value
7.3.4.2.Market Share & Forecast
7.3.4.2.1.By Product Type
7.3.4.2.2.By End User
7.3.5.Italy Medical Electronics Market Outlook
7.3.5.1.Market Size & Forecast
7.3.5.1.1.By Value
7.3.5.2.Market Share & Forecast
7.3.5.2.1.By Product Type
7.3.5.2.2.By End User
8.Asia-Pacific Medical Electronics Market Outlook
8.1.Market Size & Forecast
8.1.1.By Value
8.2.Market Share & Forecast
8.2.1.By Product Type
8.2.2.By End User
8.2.3.By Country
8.3.Asia-Pacific: Country Analysis
8.3.1.China Medical Electronics Market Outlook
8.3.1.1.Market Size & Forecast
8.3.1.1.1.By Value
8.3.1.2.Market Share & Forecast
8.3.1.2.1.By Product Type
8.3.1.2.2.By End User
8.3.2.Japan Medical Electronics Market Outlook
8.3.2.1.Market Size & Forecast
8.3.2.1.1.By Value
8.3.2.2.Market Share & Forecast
8.3.2.2.1.By Product Type
8.3.2.2.2.By End User
8.3.3.India Medical Electronics Market Outlook
8.3.3.1.Market Size & Forecast
8.3.3.1.1.By Value
8.3.3.2.Market Share & Forecast
8.3.3.2.1.By Product Type
8.3.3.2.2.By End User
8.3.4.Australia Medical Electronics Market Outlook
8.3.4.1.Market Size & Forecast
8.3.4.1.1.By Value
8.3.4.2.Market Share & Forecast
8.3.4.2.1.By Product Type
8.3.4.2.2.By End User
8.3.5.South Korea Medical Electronics Market Outlook
8.3.5.1.Market Size & Forecast
8.3.5.1.1.By Value
8.3.5.2.Market Share & Forecast
8.3.5.2.1.By Product Type
8.3.5.2.2.By End User
9.South America Medical Electronics Market Outlook
9.1.Market Size & Forecast
9.1.1.By Value
9.2.Market Share & Forecast
9.2.1.By Product Type
9.2.2.By End User
9.2.3.By Country
9.3.South America: Country Analysis
9.3.1.Brazil Medical Electronics Market Outlook
9.3.1.1.Market Size & Forecast
9.3.1.1.1.By Value
9.3.1.2.Market Share & Forecast
9.3.1.2.1.By Product Type
9.3.1.2.2.By End User
9.3.2.Argentina Medical Electronics Market Outlook
9.3.2.1.Market Size & Forecast
9.3.2.1.1.By Value
9.3.2.2.Market Share & Forecast
9.3.2.2.1.By Product Type
9.3.2.2.2.By End User
9.3.3.Colombia Medical Electronics Market Outlook
9.3.3.1.Market Size & Forecast
9.3.3.1.1.By Value
9.3.3.2.Market Share & Forecast
9.3.3.2.1.By Product Type
9.3.3.2.2.By End User
10.MEA Medical Electronics Market Outlook
10.1.Market Size & Forecast
10.1.1.By Value
10.2.Market Share & Forecast
10.2.1.By Product Type
10.2.2.By End User
10.2.3.By Country
10.3.MEA: Country Analysis
10.3.1.Saudi Arabia Medical Electronics Market Outlook
10.3.1.1.Market Size & Forecast
10.3.1.1.1.By Value
10.3.1.2.Market Share & Forecast
10.3.1.2.1.By Product Type
10.3.1.2.2.By End User
10.3.2.UAE Medical Electronics Market Outlook
10.3.2.1.Market Size & Forecast
10.3.2.1.1.By Value
10.3.2.2.Market Share & Forecast
10.3.2.2.1.By Product Type
10.3.2.2.2.By End User
10.3.3.South Africa Medical Electronics Market Outlook
10.3.3.1.Market Size & Forecast
10.3.3.1.1.By Value
10.3.3.2.Market Share & Forecast
10.3.3.2.1.By Product Type
10.3.3.2.2.By End User
10.3.4.Iran Medical Electronics Market Outlook
10.3.4.1.Market Size & Forecast
10.3.4.1.1.By Value
10.3.4.2.Market Share & Forecast
10.3.4.2.1.By Product Type
10.3.4.2.2.By End User
11.Market Dynamics
11.1.Drivers
11.2.Challenges
12.Market Trends & Developments
13.Competitive Landscape
13.1.Johnson & Johnson Services, Inc.
13.2.Philips Healthcare Pvt. Ltd.
13.3.GE Healthcare Pvt. Ltd
13.4.Siemens AG
13.5.Medtronic Plc.
13.6.Baxter International Inc.
13.7.Cardinal Health, Inc.
13.8.Stryker Corporation
13.9.Fresenius Medical Care
13.10.Becton, Dickinson and Company
14.Strategic Recommendations

(Note: The companies list can be customized based on the client requirements.)

List Of Tables

Table 1:United States Medical Electronics Market Size, By Value, 2014-2024F (USD Million)
Table 2:Canada Medical Electronics Market Size, By Value, 2014-2024F (USD Million)
Table 3:Mexico Medical Electronics Market Size, By Value, 2014-2024F (USD Million)
Table 4:Germany Medical Electronics Market Size, By Value, 2014-2024F (USD Million)
Table 5:United Kingdom Medical Electronics Market Size, By Value, 2014-2024F (USD Million)
Table 6:France Medical Electronics Market Size, By Value, 2014-2024F (USD Million)
Table 7:Spain Medical Electronics Market Size, By Value, 2014-2024F (USD Million)
Table 8:Italy Medical Electronics Market Size, By Value, 2014-2024F (USD Million)
Table 9:China Medical Electronics Market Size, By Value, 2014-2024F (USD Million)
Table 10: Japan Medical Electronics Market Size, By Value, 2014-2024F (USD Million)
Table 11: India Medical Electronics Market Size, By Value, 2014-2024F (USD Million)
Table 12: Australia Medical Electronics Market Size, By Value, 2014-2024F (USD Million)
Table 13: South Korea Medical Electronics Market Size, By Value, 2014-2024F (USD Million)
Table 14: Brazil Medical Electronics Market Size, By Value, 2014-2024F (USD Million)
Table 15: Argentina Medical Electronics Market Size, By Value, 2014-2024F (USD Million)
Table 16: Colombia Medical Electronics Market Size, By Value, 2014-2024F (USD Million)
Table 17: Saudi Arabia Medical Electronics Market Size, By Value, 2014-2024F (USD Million)
Table 18: UAE Medical Electronics Market Size, By Value, 2014-2024F (USD Million)
Table 19: South Africa Medical Electronics Market Size, By Value, 2014-2024F (USD Million)
Table 20: Iran Medical Electronics Market Size, By Value, 2014-2024F (USD Million)

List Of Figures

Figure 1: Global Medical Electronics Respondents by Brand Awareness (N=125)
Figure 2: Global Medical Electronics Respondents by Company
Figure 3: Global Medical Electronics Respondents by Vendor Selection Satisfaction Level(N=125)
Figure 4: Global Medical Electronics Respondents by Purchase Decision Dealership Type
Figure 5. Global Medical Electronics Market Size, By Value (USD Million), 2014-2018
Figure 6. Global Medical Electronics Market Size, By Value (USD Million), 2019E-2024F
Figure 7. Global Medical Electronics Market Share, By Product Type, By Value, 2014-2024F
Figure 8. Global Medical Electronics Market Share, By End-user, By Value, 2014-2024F
Figure 9. Global Medical Electronics Market Share, By Region, By Value, 2018
Figure 10. Global Medical Electronics Market Share, By Company, By Value, 2018 & 2024F
Figure 11. Global Medical Electronics Market Attractiveness Index, By Product Type, By Value, 2019E-2024F
Figure 12. Global Medical Electronics Market Attractiveness Index, By End-user, By Value, 2019E-2024F
Figure 13. Global Medical Electronics Market Attractiveness Index, By Region, By Value, 2019E-2024F
Figure 14. North America Medical Electronics Market Size, By Value (USD Million), 2014-2018
Figure 25. North America Medical Electronics Market Size, By Value (USD Million), 2019E-2024F
Figure 16. North America Medical Electronics Market Share, By Product Type, By Value, 2014-2024F
Figure 17. North America Medical Electronics Market Share, By End-user, By Value, 2014-2024F
Figure 18. North America Medical Electronics Market Share, By Country, By Value, 2014-2024F
Figure 19. United States Share in North America Medical Electronics Market, By Value, 2018 & 2024F
Figure 20. United States Medical Electronics Market Share, By Product Type, By Value, 2014-2024F
Figure 21. United States Medical Electronics Market Share, By End-user, By Value, 2014-2024F
Figure 22. Canadas Share in North America Medical Electronics Market, By Value, 2018 & 2024F
Figure 23. Canada Medical Electronics Market Share, By Product Type, By Value, 2014-2024F
Figure 24. Canada Medical Electronics Market Share, By End-user, By Value, 2014-2024F
Figure 25. Mexicos Share in North America Medical Electronics Market, By Value, 2018 & 2024F
Figure 26. Mexico Medical Electronics Market Share, By Product Type, By Value, 2014-2024F
Figure 27. Mexico Medical Electronics Market Share, By End-user, By Value, 2014-2024F
Figure 28. Europe Medical Electronics Market Size, By Value (USD Million), 2014-2018
Figure 29. Europe Medical Electronics Market Size, By Value (USD Million), 2019E-2024F
Figure 30. Europe Medical Electronics Market Share, By Product Type, By Value, 2014-2024F
Figure 31. Europe Medical Electronics Market Share, By End-user, By Value, 2014-2024F
Figure 32. Europe Medical Electronics Market Share, By Country, By Value, 2014-2024F
Figure 33. Germanys Share in Europe Medical Electronics Market, By Value, 2018 & 2024F
Figure 34. Germany Medical Electronics Market Share, By Product Type, By Value, 2014-2024F
Figure 35. Germany Medical Electronics Market Share, By End-user, By Value, 2014-2024F
Figure 36. United Kingdoms Share in Europe Medical Electronics Market, By Value, 2018 & 2024F
Figure 37. United Kingdom Medical Electronics Market Share, By Product Type, By Value, 2014-2024F
Figure 38. United Kingdom Medical Electronics Market Share, By End-user, By Value, 2014-2024F
Figure 39. Frances Share in Europe Medical Electronics Market, By Value, 2018 & 2024F
Figure 40. France Medical Electronics Market Share, By Product Type, By Value, 2014-2024F
Figure 41. France Medical Electronics Market Share, By End-user, By Value, 2014-2024F
Figure 42. Spains Share in Europe Medical Electronics Market, By Value, 2018 & 2024F
Figure 43. Spain Medical Electronics Market Share, By Product Type, By Value, 2014-2024F
Figure 44. Spain Medical Electronics Market Share, By End-user, By Value, 2014-2024F
Figure 45. Italys Share in Europe Medical Electronics Market, By Value, 2018 & 2024F
Figure 46. Italy Medical Electronics Market Share, By Product Type, By Value, 2014-2024F
Figure 47. Italy Medical Electronics Market Share, By End-user, By Value, 2014-2024F
Figure 48. Asia-Pacific Medical Electronics Market Size, By Value (USD Million), 2014-2018
Figure 49. Asia-Pacific Medical Electronics Market Size, By Value (USD Million), 2019E-2024F
Figure 50. Asia-Pacific Medical Electronics Market Share, By Product Type, By Value, 2014-2024F
Figure 51. Asia-Pacific Medical Electronics Market Share, By End-user, By Value, 2014-2024F
Figure 52. Asia-Pacific Medical Electronics Market Share, By Country, By Value 2014-2024F
Figure 53. Chinas Share in Asia-Pacific Medical Electronics Market, By Value, 2018 & 2024F
Figure 54. China Medical Electronics Market Share, By Product Type, By Value, 2014-2024F
Figure 55. China Medical Electronics Market Share, By End-user, By Value, 2014-2024F
Figure 56. Japans Share in Asia-Pacific Medical Electronics Market, By Value, 2018 & 2024F
Figure 57. Japan Medical Electronics Market Share, By Product Type, By Value, 2014-2024F
Figure 58. Japan Medical Electronics Market Share, By End-user, By Value, 2014-2024F
Figure 59. Indias Share in Asia-Pacific Medical Electronics Market, By Value, 2018 & 2024F
Figure 60. India Medical Electronics Market Share, By Product Type, By Value, 2014-2024F
Figure 61. India Medical Electronics Market Share, By End-user, By Value, 2014-2024F
Figure 62. Australias Share in Asia-Pacific Medical Electronics Market, By Value, 2018 & 2024F
Figure 63. Australia Medical Electronics Market Share, By Product Type, By Value, 2014-2024F
Figure 64. Australia Medical Electronics Market Share, By End-user, By Value, 2014-2024F
Figure 65. South Koreas Share in Asia-Pacific Medical Electronics Market, By Value, 2018 & 2024F
Figure 66. South Korea Medical Electronics Market Share, By Product Type, By Value, 2014-2024F
Figure 67. South Korea Medical Electronics Market Share, By End-user, By Value, 2014-2024F
Figure 68. South America Medical Electronics Market Size, By Value (USD Million), 2014-2018
Figure 69. South America Medical Electronics Market Size, By Value (USD Million), 2019E-2024F
Figure 70. South America Medical Electronics Market Share, By Product Type, By Value, 2014-2024F
Figure 71. South America Medical Electronics Market Share, By End-user, By Value, 2014-2024F
Figure 72. South America Medical Electronics Market Share, By Country, By Value, 2014-2024F
Figure 73. Brazils Share in South America Medical Electronics Market, By Value, 2018 & 2024F
Figure 74. Brazil Medical Electronics Market Share, By Product Type, By Value, 2014-2024F
Figure 75. Brazil Medical Electronics Market Share, By End-user, By Value, 2014-2024F
Figure 76. Argentinas Share in South America Medical Electronics Market, By Value, 2018 & 2024F
Figure 77. Argentina Medical Electronics Market Share, By Product Type, By Value, 2014-2024F
Figure 78. Argentina Medical Electronics Market Share, By End-user, By Value, 2014-2024F
Figure 79. Colombias Share in South America Medical Electronics Market, By Value, 2018 & 2024F
Figure 80. Colombia Medical Electronics Market Share, By Product Type, By Value, 2014-2024F
Figure 81. Colombia Medical Electronics Market Share, By End-user, By Value, 2014-2024F
Figure 82. Middle East & Africa Medical Electronics Market Size, By Value (USD Million), 2014-2018
Figure 83. Middle East & Africa Medical Electronics Market Size, By Value (USD Million), 2019E-2024F
Figure 84. Middle East & Africa Medical Electronics Market Share, By Product Type, By Value, 2014-2024F
Figure 85. Middle East & Africa Medical Electronics Market Share, By End-user, By Value, 2014-2024F
Figure 86. Middle East & Africa Medical Electronics Market Share, By Country, By Value, 2014-2024F
Figure 87. Saudi Arabias Share in Middle East & Africa Medical Electronics Market, By Value, 2018 & 2024F
Figure 89. Saudi Arabia Medical Electronics Market Share, By Product Type, By Value, 2014-2024F
Figure 90. Saudi Arabia Medical Electronics Market Share, By End-user, By Value, 2014-2024F
Figure 91. UAEs Share in Middle East & Africa Medical Electronics Market, By Value, 2018 & 2024F
Figure 92. UAE Medical Electronics Market Share, By Product Type, By Value, 2014-2024F
Figure 93. UAE Medical Electronics Market Share, By End-user, By Value, 2014-2024F
Figure 94. South Africas Share in Middle East & Africa Medical Electronics Market, By Value, 2018 & 2024F
Figure 95. South Africa Medical Electronics Market Share, By Product Type, By Value, 2014-2024F
Figure 96. South Africa Medical Electronics Market Share, By End-user, By Value, 2014-2024F
Figure 97. Irans Share in Middle East & Africa Medical Electronics Market, By Value, 2018 & 2024F
Figure 98. Iran Medical Electronics Market Share, By Product Type, By Value, 2014-2024F
Figure 99. Iran Medical Electronics Market Share, By End-user, By Value, 2014-2024F

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