Medical Devices Industry: Competitive Landscape 2021

Report Code: MDS010B

Publish Date: Feb 2023

Publisher: BCC Publishing

Category: Medical Devices And Surgical

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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.
BRUKER CORP.CANON 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
GETINGE ABHARVARD BIOSCIENCE INC.
HOYA CORP.HITACHI LTD.
HOLOGIC INC.INSTITUT STRAUMANN AG
INTEGRA LIFESCIENCESINTUITIVE SURGICAL 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
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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. REACH OUT TO US TODAY

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

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Medical Devices Industry: Competitive Landscape 2021
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