Medical Devices Industry: Competitive Landscape 2021

Report Code: MDS010B

Publish Date: Feb 2023

Publisher: BCC Publishing

Category: Medical Devices And Surgical

Download Report Overview

Single User License: $2750

Member Price: FREE

Explore Our Services

Already a member? Login to access this report free.

Report Highlights

This report discusses exhaustive coverage of the medical device industry and its competitive landscape in terms of major player market ranking and top medical devices. Company profiles of the top fifty medical device companies, innovative products and technologies, trends and market dynamics, competitive intelligence and regional trends are well-researched and analyzed in this report. The study includes tracking alliances, joint ventures, mergers and acquisitions, new product development and R&D in the medical device industry and the factors that will affect the industry in the coming years.

Report Includes

  • 72 data tables and 113 additional tables
  • An up-to-date assessment of the global medical devices market and industry competitive landscape featuring top 50 medical device manufacturers
  • Estimation of the actual market size and revenue forecast for global medical devices market in USD million values, with analyses and growth forecasts through 2021
  • Discussion of the major market potential and opportunities in medical devices industry, along with a detailed analysis of the competitive environment, regulatory scenario, and recent technological advancements
  • In-depth information on increasing investments on research and development (R&D) activities, key technology issues, industry specific challenges, and COVID-19 implications on the progress of medical devices marketplace
  • Review of the regulatory landscape for global medical devices manufacturers with emphasis on recent regulations in regions such as the U.S., Europe, and Japan
  • Market share analysis of leading medical device manufacturers, their research priorities, global rankings, manufacturers mapping by therapeutic area, and market development strategies
  • Company profiles of the leading global corporations in the medical devices industry, including Abbott, Bio-Rad Laboratories Inc., Danaher Corp., General Electric, Medtronic, Olympus Corp., Stryker Corp. and Terumo Corp.

Report Scope

This research report incorporates an in-depth analysis of the medical device market and its competitive landscape through 2021. Major players, competitive intelligence, innovative technologies, and company profiles are discussed in detail. The report also examines recent developments and product portfolios of major players, along with market share analysis and ranking in the market. Regulatory landscape analysis focuses on recent regulations in regions such as the U.S., Europe, and Japan.

Report Synopsis

Report Metrics Details
Base year considered 2021
Forecast period considered 2022 to 2027
Base year market size $605.7 billion
Market size forecast $914.7 billion
Growth rate CAGR of 7.1% for the forecast period of 2022-2027
Units considered $ Billions
Segments covered Region
Regions covered North America, Europe, Asia-Pacific, and Rest of the World
Key Market Drivers
  • Increasing Numbers of Surgical Procedures
  • Aging Global Population
  • Increase in the Number of Road Accidents
  • Developments in Product Technology
  • Increase in Lifestyle and Chronic Diseases
  • Molecular Medicine and Minimally Invasive Techniques
  • Other Drivers
  • Consolidation of Medtech Companies
  • Lack of Reimbursement Reduces the Adoption Rate
  • Stringent Regulatory Scenario
Companies studied
3MABBOTT
ALCONALIGN TECHNOLOGY INC.
B. BRAUN SEBAXTER
BDBIOMERIEUX
BIO-RAD LABORATORIES INC.BOSTON SCIENTIFIC CORP.
BRUKERCANON INC.
CARDINAL HEALTHCARL ZEISS AG
COLOPLAST GROUPCONVATEC GROUP PLC
THE COOPER COMPANIES INC.DANAHER CORP.
DEMANT A/SDENTSPLY SIRONA
DRAGERWERK AG & CO. KGAADEXCOM INC.
EDWARDS LIFESCIENCES CORP.ESSILORLUXOTTICA
F. HOFFMANN-LA ROCHE LTD.FRESENIUS MEDICAL CARE AG
FUJIFILM HOLDINGS CORP.GENERAL ELECTRIC
GETINGEHARVARD BIOSCIENCE INC.
HOYA CORP.HITACHI LTD.
HOLOGIC INC.INSTITUT STRAUMANN AG
INTEGRA LIFESCIENCES CORP.INTUITIVE SURGICAL OPERATIONS INC.
JOHNSON & JOHNSON SERVICES INC.KONINKLIJKE PHILIPS N.V.
MEDTRONICMICROPORT SCIENTIFIC CORP.
NIHON KOHDEN CORP.NIPRO
OLYMPUS CORP.PAUL HARTMANN AG
RESMED INC.SHENZHEN MINDRAY BIO-MEDICAL ELECTRONICS CO. LTD.
SHIP HEALTHCARE HOLDINGS INC.SIEMENS HEALTHINEERS AG
SMITH & NEPHEW PLCSTERIS PLC
SONOVASTRYKER
SYSMEX CORP.TELEFLEX INC.
TERUMO CORP.VARIAN MEDICAL SYSTEMS INC.
WEST PHARMACEUTICAL SERVICES INC.ZIMMER BIOMET
Need a custom data table, graph, region, segment, companies or complete report? CUSTOMIZE NOW

Frequently Asked Questions (FAQs)

• The global medical device market is projected to grow from $605.7 billion in 2021 to $914.7 billion in 2027, at a compound annual growth rate (CAGR) of 7.1% during the forecast period.
• The key factors driving the growth of medical devices market includes increasing numbers of surgical procedures, aging global population, increase in the number of road accidents, developments in product technology, increase in lifestyle and chronic diseases, and molecular medicine and minimally invasive techniques.
• Key companies in the market include Medtronic, Abbott Laboratories, Johnson & Johnson Services, Inc., Siemens Healthineers AG, F. Hoffmann-La Roche Ltd., General Electric, Becton, Dickinson and Company, Stryker, Cardinal Health, Koninklijke Philips N.V., Boston Scientific Corporation, and other players.

Analyst Credentials

BCC Research Team possesses expertise and experience in life and physical science domains. They specialize in offering valuable business insights, including industry analysis, competitor intelligence, strategic and financial analysis, and opportunity assessment. The team has in-depth knowledge of various sectors, including healthcare, biotechnology, pharmaceuticals, IT, automation, advanced materials, and energy. They are proficient in qualitative and quantitative market intelligence providing clients with actionable insights. With a vast understanding of the competitive landscape, the team can support clients in making data-driven decisions to help them achieve a competitive edge in their respective markets.

Let us assist you! Our analysts are ready to tailor this report to your specific need. Talk to Our Analyst

Table of Contents

All reports provided in PDF format. For shared licensing options (5+ Users), please call a representative at (+1) 781-489-7301 or contact us at info@bccresearch.com
Title/Chapter NamePagesMember Price
Full Report: Medical Devices Industry: Competitive Landscape 2021450Free
Chapter- 1: Introduction4Free
Chapter- 2: Market and Technology Background153Free
Chapter- 3: Impact of COVID-19 on the Medical Device Market9Free
Chapter- 4: Regulatory Structure: Medical Devices11Free
Chapter- 5: Medical Devices Industry: Competitive Landscape33Free
Chapter- 6: Company Profiles240Free
Published - Jun-2020| Analyst - BCC Publishing| Code - MDS010A

Report Highlights

This report discusses the medical device industry and its competitive landscape in terms of major player market ranking and top medical devices. Company profiles of the top 50 medical device companies, innovative products and technologies, trends and market dynamics, competitive intelligence and regional trends are well-researched and analyzed in this report.

Report Includes

  • 61 data tables and 110 additional tables
  • Competitive landscape of the top 50 medical device manufacturers in the global medical devices market
  • Analyses of the global market trends, with data corresponding to market size in dollar value terms, and revenue forecasts through 2019
  • Assessment of manufacturers ranking by R&D expenditures and annual growth, their market share analysis and key strategies adopted, and innovations taken place in medical devices marketplace
  • Information pertaining to new product launches and approvals, mergers and acquisitions, alliances and joint ventures, and R&D efforts within the medical devices industry
  • Review of patents and patent applications (numbers) filed on medical device technologies with breakdown of patent data by technology type, assignee country, and stakeholder company
  • Discussion on the impact of COVID-19 pandemic on the medical devices industry with emphasis on key factors underlying the impact and significant takeaways
  • Profile description of the major market players, including 3M, Abbott, Becton, Dickinson and Co., Bio-Rad Laboratories Inc., Danaher Corp., Roche, GE Healthcare, Johnson & Johnson and Siemens Healthcare AG

Related Reports

Surgical Navigation Systems: Technologies and Global Markets

Published - Apr 2023 | Publisher - BCC Publishing | Code - HLC169C

The global market for surgical navigation systems is estimated to increase from $1.2 billion in 2022 to reach over $1.8 billion by 2027, at a compound annual growth rate (CAGR) of 9.0% from 2022 through 2027.

Continuous Glucose Monitoring (CGM): Technologies and Global Markets

Published - Jan 2023 | Publisher - BCC Publishing | Code - HLC102D

The global CGM market should reach $20.7 billion by 2022 and $32.7 billion by 2027, with a compound annual growth rate (CAGR) of 9.5% during the forecast period of 2022-2027.

Medical Devices: Technologies and Global Markets

Published - Sep 2022 | Publisher - BCC Publishing | Code - HLC170E

The global market for medical device technologies is valued at $639.1 billion in 2021 and is estimated to grow from $676.0 billion in 2022 to $953.4 billion in 2027 with a compound annual growth rate (CAGR)of 7.1% for the period of 2022-2027.

Anesthesia and Respiratory Devices: Global Markets

Published - Aug 2022 | Publisher - BCC Publishing | Code - HLC167D

The global anesthesia and respiratory devices market should reach $36.2 billion by 2022 and more than $51 billion by 2027, with a compound annual growth rate (CAGR) of 7.1% during the forecast period of 2022-2027.

Recent Reports

Global Prenatal Testing Market

Published - May 2024 | Publisher - BCC Publishing | Code - MDS103A

The global market for prenatal testing is expected to grow from $10.9 billion in 2023 and projected to reach $19.8 billion by the end of 2028, at a compound annual growth rate (CAGR) of 12.6% during the forecast period of 2023 to 2028.

Global Skin Allergy Testing Market

Published - May 2024 | Publisher - BCC Publishing | Code - MDS104A

The global market for skin allergy testing is expected to grow from $560 million in 2023 to $771.5 million by the end of 2028, at a compound annual growth rate (CAGR) of 6.6% from 2023 to 2028.

Global Orthodontic and Orthopedic Market

Published - Apr 2024 | Publisher - Partha Sarathi Das | Code - MDS036B

The global market for orthodontic devices is expected to grow from $18.9 billion in 2023 and projected to reach $29.3 billion by the end of 2028, at a compound annual growth rate (CAGR) of 9.2% during the forecast period of 2023 to 2028.Report Includes

Global Medical Dynamometer Market

Published - Mar 2024 | Publisher - BCC Publishing | Code - MDS100A

The global market for medical dynamometers is estimated to increase from $547.5 million in 2023 to reach $780.1 million by 2028, at a compound annual growth rate (CAGR) of 7.3% from 2023 through 2028.

Global Insulin Pen Market

Published - Mar 2024 | Publisher - BCC Publishing | Code - MDS102A

This report examines the global insulin pen market. It includes a detailed analysis and prediction of commercially significant products such as reusable and disposable insulin pens. This report investigates global insulin pen market patterns and features between 2022–2028, offering valuable insights and forecasts.

Top Trending Reports

Global Artificial Intelligence (AI) Market: Investments vs Potential

Published - Aug 2024 | Publisher - BCC Publishing | Code - IFT189C

The global market for artificial intelligence (AI) is estimated to increase from $148.8 billion in 2023 to reach $1.1 trillion by 2029, at a compound annual growth rate (CAGR) of 39.7% from 2024 through 2029.

Artificial Intelligence (AI) in Life Sciences Market

Published - Aug 2024 | Publisher - BCC Publishing | Code - BIO255A

The global market for artificial intelligence (AI) in life sciences products was valued at $8.0 billion in 2023. The market is estimated to grow from $9.8 billion in 2024 to $33.5 billion by the end of 2029, at a compound annual growth rate (CAGR) of 27.9% from 2024 to 2029.

Drug Discovery Technologies

Published - Sep 2024 | Publisher - BCC Publishing | Code - BIO020H

The global market for drug discovery technologies is expected to grow from $111.9 billion in 2024 and is projected to reach $197.0 billion by the end of 2029, at a compound annual growth rate (CAGR) of 12.0% during the forecast period of 2024 to 2029.

Synthetic Biology: Global Markets

Published - Aug 2024 | Publisher - BCC Publishing | Code - BIO066H

The global market for synthetic biology products was valued at $15.4 billion in 2023. The market is projected to grow from $19.3 billion in 2024 to $61.6 billion by the end of 2029, at a compound annual growth rate (CAGR) of 26.1% from 2024 through 2029.

Electric Vehicles and Fuel Cell Vehicles: Global Markets

Published - Aug 2024 | Publisher - BCC Publishing | Code - FCB040F

The global market for electric vehicles and fuel cell vehicles was valued at $655.9 billion in 2023. The market is expected to grow from $758.0 billion in 2024 to $1.8 trillion by 2029, at a compound annual growth rate (CAGR) of 18.6% from 2024 to 2029.

Become A Member

BCC Research offers a comprehensive library of reports, granting members unlimited access to data, insights, and market intelligence for informed business decisions, while actively supporting members in their evolving journeys and prioritizing high-quality, relevant topics based on continuous engagement with the research community.

Find Out More

Custom Consulting

BCC Research emphasizes the importance of organizations leveraging highly customized market insights aligned with specific strategic business objectives through direct engagement with primary sources and proprietary forecasting models for profitable decision-making in maximizing growth opportunities and minimizing risks.

Customize Now

Scorecard

The Venture Scorecard provides commercialization offices and decision makers with expert analysis, offering strategic insights crucial for aligning objectives with market realities at various stages of commercializing new products or evaluating investment opportunities, from opportunity assessment to growth planning.

Find Out More

Innovation Spotlight

Our industry experts offer strategic guidance to maximize the market potential of commercialized products, patents, and IP by providing insights into market trends, competitive dynamics, and effective positioning, using the Innovation Spotlight service for enhanced exposure to thought leaders and the wider community.

Find Out More
Medical Devices Industry: Competitive Landscape 2021
Sample Report