Medical Technologies Market Analysis North America, Europe, Asia, Rest of World (ROW) - US, Germany, France, China, Japan - Size and Forecast 2023-2027

Published: Oct 2023

Pages: 181

SKU: IRTNTR75073

Snapshot

Medical Technologies Market Forecast 2023-2027

The Medical Technologies Market size is projected to value USD 313 billion at a CAGR of 8.3% between 2022 and 2027. The market refers to the industry that develops and provides advanced medical devices, equipment, and technologies. The growth of the market depends on several factors, including the increasing prevalence of diseases, the rising number of product launches in IVD (in-vitro diagnosis), and the growing adoption of data analytics in the healthcare sector. This market analysis and report includes in-depth information about the key market drivers, trends, and challenges during the forecasted period.

Overview of the Medical Technologies Market

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Market Dynamics

Our researchers analyzed the data with 2022 as the base year, along with the key drivers, trends, and challenges. A holistic analysis of drivers will help companies refine their marketing strategies to gain a competitive advantage.

Market Driver

Frequent product launches in IVD are notably driving market growth. The market is witnessing high growth owing to frequent product launches by manufacturers to cater to the growing demand. The increasing prevalence of diseases is surging the demand for advancement in medical technologies. Advanced IVD products with molecular diagnostic capabilities provide effective and accurate results. The increasing number of IVD products launched by major players is also driving market growth. For instance, in May 2022, Medtronic Plc's latest generation drug-eluting coronary stent system, Onyx Frontier, got approval from the FDA. The Onyx Frontier DES uses the same best-in-class stent platform as the Resolute Onyx DES but with an improved delivery mechanism. This improves deliverability and acute performance in even the most challenging patients.

In addition, increasing chronic diseases among people of all ages, the prevalence of cardiovascular diseases, and the increasing number of diseases will also influence the market. Healthcare providers are widely adopting digital health technologies such as EHRs and telemedicine to curb workloads. In addition, rising internet penetration and the need for effective methods to obtain information about hospitals and drug availability are expected to drive the growth of the market.

Market Trends

The increasing adoption of IoT and connected devices is an emerging trend in the market. IoT-connected devices create a world where data is exchanged between physical objects such as sensors, on-device software, and technologies that are adjacent to other systems and devices. IoT has a wide range of healthcare applications, potentially extending both inside and outside healthcare facilities. Healthcare organizations are moving to connected hospital infrastructures to ensure timely and improved care. IoT and connected devices are assisting the healthcare sector in bridging the gap between physical and digital data sources by continuously monitoring patients.

IoT connectivity and security solutions work seamlessly with a wide array of medical devices. IoT infrastructure may ease operational burdens on healthcare facilities, increase access to services, and assist the growth of digital ecosystems within healthcare organizations. The increasing use of IoT and connected medical devices is one of the major healthcare technology trends driving the growth of the global market during the forecast period.

Market Challenge

The high cost of implementation of digital health solutions is the major challenge impeding market growth. The implementation of digital health is costly. A digital health system can be implemented over a period of time ranging from a few months to several years. For instance, it took three years to integrate EHRs throughout the Partners HealthCare hospital network. These incidents highlight how crucial thorough study is before deployment. For hospitals and health systems, implementing EHRs is costly and labor-intensive. In addition to being expensive, implementing digital health takes a lot of time, which is a major challenge for Companies. Most Companies charge extra for software updates and refuse to provide technical support to end users unless they purchase the latest version. EHR implementation is costly and labor-intensive for hospitals and healthcare systems.

Apart from cost, implementing digital healthcare solutions takes a lot of time. For example, it takes a long time to integrate digitized medical records with other field medical services and accounting records. It needs an extensive training program to educate users. Therefore, high implementation costs of digital health will likely hamper the growth of the global market during the forecast period.

Global Medical Technologies Market Customer Landscape

Market Segmentation

The market share growth by the medical devices segment will be significant during the forecast period. Some major medical device categories include therapeutic and surgical devices, patient monitoring, diagnostic and medical imaging devices (PMDMIDs), and other medical devices.

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The medical devices segment was valued at USD 385.05 billion in 2017 and continued to grow until 2021. An increase in R&D activities in related medical technology fields is also driving the growth of the medical devices segment. The rising prevalence of diseases and associated risk factors, the aging population, awareness-raising initiatives by public and private organizations, and rising healthcare costs are boosting the growth of the medical devices segment.

The demand for medical devices is growing as a result of factors including an aging population, the adoption of technologically advanced ophthalmologic and hearing diagnostic devices, and the prevalence of ophthalmological and hearing disorders. Hospitals have adopted new technologies to adjust to a changing regulatory environment and improve the general standard of care for patients. Modern medical facilities are high-tech operations that offer cutting-edge technology to skilled employees. The increasing demand for molecular and tissue diagnostics due to the rising prevalence of chronic conditions will increase the demand for IVDs in hospitals during the forecast period.

Regional Analysis

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North America is estimated to contribute 41% to the growth of the global market during the forecast period. Technavio’s analysts have elaborately explained the regional trends and drivers that shape the market during the forecast period. The proliferation of smartphones is accelerating the adoption of mHealth technology by healthcare providers and patients in the region. The US is the world's largest medical device industry and is expected to dominate during the forecast period. The US is also the world's largest consumer of medical devices. Increasing government initiatives to expand Medicare services are contributing to the demand for digital health in developed countries in the region.

Across countries and regions, healthcare industries are embracing novel therapies, leveraging sophisticated models that blend electronics and precision instruments to achieve unparalleled precision in treatments.

Key Players in the Industry

Companies are implementing various strategies, such as strategic alliances, partnerships, mergers and acquisitions, geographical expansion, and product/service launches, to enhance their presence in the medtech industry. The market is highly competitive, with numerous multinational companies vying for market share through innovation and product development.

Boston Scientific Corp: The medical technology company develops and manufactures devices to diagnose and treat a broad range of gastrointestinal and pulmonary conditions and urological and pelvic conditions.

General Electric Co.: The medical technology company offers medical technologies for dialysis and transfusion, such as Dialyzers and Dialysis machines. Also, they offer a range of technologies and solutions related to energy production, including gas and steam turbines, engines, generators, high-voltage equipment, power generation services, and digital solutions.

This market trends and analysis report also includes detailed analyses of the competitive landscape of the market and information about 15 market companies, including:

Qualitative and quantitative analysis of companies has been conducted to help clients understand the wider business environment as well as the strengths and weaknesses of key market players. Amid market uncertainty, the healthcare hospitality sector remains resolute in its commitment to quality employment, optimizing resources to navigate uncertain aspects while propelling continuous market growth.

Market Analyst Overview

The MedTech Market is witnessing significant growth driven by the rising prevalence of Chronic diseases like Diabetes, Cardiovascular disease, and Obesity. Advancements in Medtech have led to the development of innovative solutions such as Apps, targeting the Aging Population with a focus on Preventive care. Emerging Markets are becoming key players in the industry, supported by evolving Regulatory environment and Intellectual property laws. Investments in Research and development are fueling the adoption of Digital health solutions, including Healthcare IoT, Advanced imaging technologies, and Wearable devices like Fitness trackers and Smartwatches. These technologies facilitate Health monitoring and enable Patient-centric care through Personalized medicine and Precision medicine, aligning with Value-based care models.

Segment Overview

This market research and growth report forecasts market growth by revenue at global, regional & country levels and provides an analysis of the latest trends and growth opportunities from 2017 to 2027.

Application Outlook (USD Billion, 2017 - 2027)
- Medical devices
- In-vitro diagonistics

End-user Outlook (USD Billion, 2017 - 2027)
- Hospitals
- Clinics
- Others
Region Outlook (USD Billion, 2017 - 2027)
- North America
  - The U.S.
  - Canada
- Europe
  - The U.K.
  - Germany
  - France
  - Rest of Europe
- Asia
  - China
  - India
- ROW

Medical Technologies Market Scope
Report Coverage	Details
Page number	181
Base year	2022
Historic period	2017-2021
Forecast period	2023-2027
Growth momentum & CAGR	Accelerate at a CAGR of 8.3%
Market growth 2023-2027	USD 313 billion
Market structure	Fragmented
YoY growth 2022-2023(%)	7.34
Regional analysis	North America, Europe, Asia, and Rest of World (ROW)
Performing market contribution	North America at 41%
Key countries	US, Germany, France, China, and Japan
Competitive landscape	Leading Companies, Market Positioning of Companies, Competitive Strategies, and Industry Risks
Key companies profiled	Abbott Laboratories, B. Braun Melsungen AG, Baxter International Inc., Becton Dickinson and Co., Boston Scientific Corp., Canon Inc., F. Hoffmann La Roche Ltd., Fresenius SE and Co. KGaA, General Electric Co., Johnson and Johnson Services Inc., Koninklijke Philips NV, Medtronic Plc, Nihon Kohden Corp., Olympus Corp., OMRON Corp., Siemens AG, Smith and Nephew plc, Stryker Corp., Zimmer Biomet Holdings Inc., and Cardinal Health Inc.
Market dynamics	Market growth and trends, Market growth inducers and obstacles, Fast-growing and slow-growing segment analysis, COVID-19 impact and recovery analysis and future consumer dynamics, Market condition analysis for forecast period
Customization purview	If our market report has not included the data that you are looking for, you can reach out to our analysts and get segments customized.

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What are the Key Data Covered in the Market Research Report?

CAGR of the market during the forecast period
Detailed information on factors that will drive the market growth and forecasting between 2023 and 2027
Precise estimation of the size of the market and its contribution to the parent market
Accurate predictions about upcoming trends and changes in consumer behavior
Market growth analysis across North America, Europe, Asia, and Rest of World (ROW)
Thorough analysis of the market’s competitive landscape and detailed information about Companies
Market forecasting of factors that will challenge the growth of market Companies

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Table of Contents

1 Executive Summary

1.1 Market overview
- Exhibit 01: Executive Summary – Chart on Market Overview
- Exhibit 02: Executive Summary – Data Table on Market Overview
- Exhibit 03: Executive Summary – Chart on Global Market Characteristics
- Exhibit 04: Executive Summary – Chart on Market by Geography
- Exhibit 05: Executive Summary – Chart on Market Segmentation by Application
- Exhibit 06: Executive Summary – Chart on Market Segmentation by End-user
- Exhibit 07: Executive Summary – Chart on Incremental Growth
- Exhibit 08: Executive Summary – Data Table on Incremental Growth
- Exhibit 09: Executive Summary – Chart on Vendor Market Positioning

2 Market Landscape

2.1 Market ecosystem
- Exhibit 10: Parent market
- Exhibit 11: Market Characteristics

3 Market Sizing

3.1 Market definition
- Exhibit 12: Offerings of vendors included in the market definition

3.2 Market segment analysis
- Exhibit 13: Market segments

3.3 Market size 2022

3.4 Market outlook: Forecast for 2022-2027
- Exhibit 14: Chart on Global - Market size and forecast 2022-2027 ($ billion)
- Exhibit 15: Data Table on Global - Market size and forecast 2022-2027 ($ billion)
- Exhibit 16: Chart on Global Market: Year-over-year growth 2022-2027 (%)
- Exhibit 17: Data Table on Global Market: Year-over-year growth 2022-2027 (%)

4 Historic Market Size

4.1 Global medical technologies market 2017 - 2021
- Exhibit 18: Historic Market Size – Data Table on Global medical technologies market 2017 - 2021 ($ billion)

4.2 Application Segment Analysis 2017 - 2021
- Exhibit 19: Historic Market Size – Application Segment 2017 - 2021 ($ billion)

4.3 End-user Segment Analysis 2017 - 2021
- Exhibit 20: Historic Market Size – End-user Segment 2017 - 2021 ($ billion)

4.4 Geography Segment Analysis 2017 - 2021
- Exhibit 21: Historic Market Size – Geography Segment 2017 - 2021 ($ billion)

4.5 Country Segment Analysis 2017 - 2021
- Exhibit 22: Historic Market Size – Country Segment 2017 - 2021 ($ billion)

5 Five Forces Analysis

5.1 Five forces summary
- Exhibit 23: Five forces analysis - Comparison between 2022 and 2027

5.2 Bargaining power of buyers
- Exhibit 24: Chart on Bargaining power of buyers – Impact of key factors 2022 and 2027

5.3 Bargaining power of suppliers
- Exhibit 25: Bargaining power of suppliers – Impact of key factors in 2022 and 2027

5.4 Threat of new entrants
- Exhibit 26: Threat of new entrants – Impact of key factors in 2022 and 2027

5.5 Threat of substitutes
- Exhibit 27: Threat of substitutes – Impact of key factors in 2022 and 2027

5.6 Threat of rivalry
- Exhibit 28: Threat of rivalry – Impact of key factors in 2022 and 2027

5.7 Market condition
- Exhibit 29: Chart on Market condition - Five forces 2022 and 2027

6 Market Segmentation by Application

6.1 Market segments
- Exhibit 30: Chart on Application - Market share 2022-2027 (%)
- Exhibit 31: Data Table on Application - Market share 2022-2027 (%)

6.2 Comparison by Application
- Exhibit 32: Chart on Comparison by Application
- Exhibit 33: Data Table on Comparison by Application

6.3 Medical devices - Market size and forecast 2022-2027
- Exhibit 34: Chart on Medical devices - Market size and forecast 2022-2027 ($ billion)
- Exhibit 35: Data Table on Medical devices - Market size and forecast 2022-2027 ($ billion)
- Exhibit 36: Chart on Medical devices - Year-over-year growth 2022-2027 (%)
- Exhibit 37: Data Table on Medical devices - Year-over-year growth 2022-2027 (%)

6.4 In-vitro diagnostics - Market size and forecast 2022-2027
- Exhibit 38: Chart on In-vitro diagnostics - Market size and forecast 2022-2027 ($ billion)
- Exhibit 39: Data Table on In-vitro diagnostics - Market size and forecast 2022-2027 ($ billion)
- Exhibit 40: Chart on In-vitro diagnostics - Year-over-year growth 2022-2027 (%)
- Exhibit 41: Data Table on In-vitro diagnostics - Year-over-year growth 2022-2027 (%)

6.5 Market opportunity by Application
- Exhibit 42: Market opportunity by Application ($ billion)
- Exhibit 43: Data Table on Market opportunity by Application ($ billion)

7 Market Segmentation by End-user

7.1 Market segments
- Exhibit 44: Chart on End-user - Market share 2022-2027 (%)
- Exhibit 45: Data Table on End-user - Market share 2022-2027 (%)

7.2 Comparison by End-user
- Exhibit 46: Chart on Comparison by End-user
- Exhibit 47: Data Table on Comparison by End-user

7.3 Hospitals - Market size and forecast 2022-2027
- Exhibit 48: Chart on Hospitals - Market size and forecast 2022-2027 ($ billion)
- Exhibit 49: Data Table on Hospitals - Market size and forecast 2022-2027 ($ billion)
- Exhibit 50: Chart on Hospitals - Year-over-year growth 2022-2027 (%)
- Exhibit 51: Data Table on Hospitals - Year-over-year growth 2022-2027 (%)

7.4 Clinics - Market size and forecast 2022-2027
- Exhibit 52: Chart on Clinics - Market size and forecast 2022-2027 ($ billion)
- Exhibit 53: Data Table on Clinics - Market size and forecast 2022-2027 ($ billion)
- Exhibit 54: Chart on Clinics - Year-over-year growth 2022-2027 (%)
- Exhibit 55: Data Table on Clinics - Year-over-year growth 2022-2027 (%)

7.5 Others - Market size and forecast 2022-2027
- Exhibit 56: Chart on Others - Market size and forecast 2022-2027 ($ billion)
- Exhibit 57: Data Table on Others - Market size and forecast 2022-2027 ($ billion)
- Exhibit 58: Chart on Others - Year-over-year growth 2022-2027 (%)
- Exhibit 59: Data Table on Others - Year-over-year growth 2022-2027 (%)

7.6 Market opportunity by End-user
- Exhibit 60: Market opportunity by End-user ($ billion)
- Exhibit 61: Data Table on Market opportunity by End-user ($ billion)

8 Customer Landscape

8.1 Customer landscape overview
- Exhibit 62: Analysis of price sensitivity, lifecycle, customer purchase basket, adoption rates, and purchase criteria

9 Geographic Landscape

9.1 Geographic segmentation
- Exhibit 63: Chart on Market share by geography 2022-2027 (%)
- Exhibit 64: Data Table on Market share by geography 2022-2027 (%)

9.2 Geographic comparison
- Exhibit 65: Chart on Geographic comparison
- Exhibit 66: Data Table on Geographic comparison

9.3 North America - Market size and forecast 2022-2027
- Exhibit 67: Chart on North America - Market size and forecast 2022-2027 ($ billion)
- Exhibit 68: Data Table on North America - Market size and forecast 2022-2027 ($ billion)
- Exhibit 69: Chart on North America - Year-over-year growth 2022-2027 (%)
- Exhibit 70: Data Table on North America - Year-over-year growth 2022-2027 (%)

9.4 Europe - Market size and forecast 2022-2027
- Exhibit 71: Chart on Europe - Market size and forecast 2022-2027 ($ billion)
- Exhibit 72: Data Table on Europe - Market size and forecast 2022-2027 ($ billion)
- Exhibit 73: Chart on Europe - Year-over-year growth 2022-2027 (%)
- Exhibit 74: Data Table on Europe - Year-over-year growth 2022-2027 (%)

9.5 Asia - Market size and forecast 2022-2027
- Exhibit 75: Chart on Asia - Market size and forecast 2022-2027 ($ billion)
- Exhibit 76: Data Table on Asia - Market size and forecast 2022-2027 ($ billion)
- Exhibit 77: Chart on Asia - Year-over-year growth 2022-2027 (%)
- Exhibit 78: Data Table on Asia - Year-over-year growth 2022-2027 (%)

9.6 Rest of World (ROW) - Market size and forecast 2022-2027
- Exhibit 79: Chart on Rest of World (ROW) - Market size and forecast 2022-2027 ($ billion)
- Exhibit 80: Data Table on Rest of World (ROW) - Market size and forecast 2022-2027 ($ billion)
- Exhibit 81: Chart on Rest of World (ROW) - Year-over-year growth 2022-2027 (%)
- Exhibit 82: Data Table on Rest of World (ROW) - Year-over-year growth 2022-2027 (%)

9.7 US - Market size and forecast 2022-2027
- Exhibit 83: Chart on US - Market size and forecast 2022-2027 ($ billion)
- Exhibit 84: Data Table on US - Market size and forecast 2022-2027 ($ billion)
- Exhibit 85: Chart on US - Year-over-year growth 2022-2027 (%)
- Exhibit 86: Data Table on US - Year-over-year growth 2022-2027 (%)

9.8 Germany - Market size and forecast 2022-2027
- Exhibit 87: Chart on Germany - Market size and forecast 2022-2027 ($ billion)
- Exhibit 88: Data Table on Germany - Market size and forecast 2022-2027 ($ billion)
- Exhibit 89: Chart on Germany - Year-over-year growth 2022-2027 (%)
- Exhibit 90: Data Table on Germany - Year-over-year growth 2022-2027 (%)

9.9 France - Market size and forecast 2022-2027
- Exhibit 91: Chart on France - Market size and forecast 2022-2027 ($ billion)
- Exhibit 92: Data Table on France - Market size and forecast 2022-2027 ($ billion)
- Exhibit 93: Chart on France - Year-over-year growth 2022-2027 (%)
- Exhibit 94: Data Table on France - Year-over-year growth 2022-2027 (%)

9.10 China - Market size and forecast 2022-2027
- Exhibit 95: Chart on China - Market size and forecast 2022-2027 ($ billion)
- Exhibit 96: Data Table on China - Market size and forecast 2022-2027 ($ billion)
- Exhibit 97: Chart on China - Year-over-year growth 2022-2027 (%)
- Exhibit 98: Data Table on China - Year-over-year growth 2022-2027 (%)

9.11 Japan - Market size and forecast 2022-2027
- Exhibit 99: Chart on Japan - Market size and forecast 2022-2027 ($ billion)
- Exhibit 100: Data Table on Japan - Market size and forecast 2022-2027 ($ billion)
- Exhibit 101: Chart on Japan - Year-over-year growth 2022-2027 (%)
- Exhibit 102: Data Table on Japan - Year-over-year growth 2022-2027 (%)

9.12 Market opportunity by geography
- Exhibit 103: Market opportunity by geography ($ billion)
- Exhibit 104: Data Tables on Market opportunity by geography ($ billion)

10 Drivers, Challenges, and Trends

10.1 Market drivers

10.2 Market challenges

10.3 Impact of drivers and challenges
- Exhibit 105: Impact of drivers and challenges in 2022 and 2027

10.4 Market trends

11 Vendor Landscape

11.1 Overview

11.2 Vendor landscape
- Exhibit 106: Overview on Criticality of inputs and Factors of differentiation

11.3 Landscape disruption
- Exhibit 107: Overview on factors of disruption

11.4 Industry risks
- Exhibit 108: Impact of key risks on business

12 Vendor Analysis

12.1 Vendors covered
- Exhibit 109: Vendors covered

12.2 Market positioning of vendors
- Exhibit 110: Matrix on vendor position and classification

12.3 Becton Dickinson and Co.
- Exhibit 111: Becton Dickinson and Co. - Overview
- Exhibit 112: Becton Dickinson and Co. - Business segments
- Exhibit 113: Becton Dickinson and Co. - Key news
- Exhibit 114: Becton Dickinson and Co. - Key offerings
- Exhibit 115: Becton Dickinson and Co. - Segment focus

12.4 Boston Scientific Corp.
- Exhibit 116: Boston Scientific Corp. - Overview
- Exhibit 117: Boston Scientific Corp. - Business segments
- Exhibit 118: Boston Scientific Corp. - Key news
- Exhibit 119: Boston Scientific Corp. - Key offerings
- Exhibit 120: Boston Scientific Corp. - Segment focus

12.5 Canon Inc.
- Exhibit 121: Canon Inc. - Overview
- Exhibit 122: Canon Inc. - Business segments
- Exhibit 123: Canon Inc. - Key offerings
- Exhibit 124: Canon Inc. - Segment focus

12.6 Cardinal Health Inc.
- Exhibit 125: Cardinal Health Inc. - Overview
- Exhibit 126: Cardinal Health Inc. - Business segments
- Exhibit 127: Cardinal Health Inc. - Key offerings
- Exhibit 128: Cardinal Health Inc. - Segment focus

12.7 F. Hoffmann La Roche Ltd.
- Exhibit 129: F. Hoffmann La Roche Ltd. - Overview
- Exhibit 130: F. Hoffmann La Roche Ltd. - Business segments
- Exhibit 131: F. Hoffmann La Roche Ltd. - Key news
- Exhibit 132: F. Hoffmann La Roche Ltd. - Key offerings
- Exhibit 133: F. Hoffmann La Roche Ltd. - Segment focus

12.8 Fresenius SE and Co. KGaA
- Exhibit 134: Fresenius SE and Co. KGaA - Overview
- Exhibit 135: Fresenius SE and Co. KGaA - Business segments
- Exhibit 136: Fresenius SE and Co. KGaA - Key news
- Exhibit 137: Fresenius SE and Co. KGaA - Key offerings
- Exhibit 138: Fresenius SE and Co. KGaA - Segment focus

12.9 General Electric Co.
- Exhibit 139: General Electric Co. - Overview
- Exhibit 140: General Electric Co. - Business segments
- Exhibit 141: General Electric Co. - Key news
- Exhibit 142: General Electric Co. - Key offerings
- Exhibit 143: General Electric Co. - Segment focus

12.10 Johnson and Johnson Services Inc.
- Exhibit 144: Johnson and Johnson Services Inc. - Overview
- Exhibit 145: Johnson and Johnson Services Inc. - Business segments
- Exhibit 146: Johnson and Johnson Services Inc. - Key news
- Exhibit 147: Johnson and Johnson Services Inc. - Key offerings
- Exhibit 148: Johnson and Johnson Services Inc. - Segment focus

12.11 Koninklijke Philips NV
- Exhibit 149: Koninklijke Philips NV - Overview
- Exhibit 150: Koninklijke Philips NV - Business segments
- Exhibit 151: Koninklijke Philips NV - Key news
- Exhibit 152: Koninklijke Philips NV - Key offerings
- Exhibit 153: Koninklijke Philips NV - Segment focus

12.12 Medtronic Plc
- Exhibit 154: Medtronic Plc - Overview
- Exhibit 155: Medtronic Plc - Business segments
- Exhibit 156: Medtronic Plc - Key news
- Exhibit 157: Medtronic Plc - Key offerings
- Exhibit 158: Medtronic Plc - Segment focus

12.13 OMRON Corp.
- Exhibit 159: OMRON Corp. - Overview
- Exhibit 160: OMRON Corp. - Business segments
- Exhibit 161: OMRON Corp. - Key news
- Exhibit 162: OMRON Corp. - Key offerings
- Exhibit 163: OMRON Corp. - Segment focus

12.14 Siemens AG
- Exhibit 164: Siemens AG - Overview
- Exhibit 165: Siemens AG - Business segments
- Exhibit 166: Siemens AG - Key news
- Exhibit 167: Siemens AG - Key offerings
- Exhibit 168: Siemens AG - Segment focus

12.15 Smith and Nephew plc
- Exhibit 169: Smith and Nephew plc - Overview
- Exhibit 170: Smith and Nephew plc - Business segments
- Exhibit 171: Smith and Nephew plc - Key news
- Exhibit 172: Smith and Nephew plc - Key offerings
- Exhibit 173: Smith and Nephew plc - Segment focus

12.16 Stryker Corp.
- Exhibit 174: Stryker Corp. - Overview
- Exhibit 175: Stryker Corp. - Business segments
- Exhibit 176: Stryker Corp. - Key news
- Exhibit 177: Stryker Corp. - Key offerings
- Exhibit 178: Stryker Corp. - Segment focus

12.17 Zimmer Biomet Holdings Inc.
- Exhibit 179: Zimmer Biomet Holdings Inc. - Overview
- Exhibit 180: Zimmer Biomet Holdings Inc. - Business segments
- Exhibit 181: Zimmer Biomet Holdings Inc. - Key news
- Exhibit 182: Zimmer Biomet Holdings Inc. - Key offerings
- Exhibit 183: Zimmer Biomet Holdings Inc. - Segment focus

13 Appendix

13.1 Scope of the report

13.2 Inclusions and exclusions checklist
- Exhibit 184: Inclusions checklist
- Exhibit 185: Exclusions checklist

13.3 Currency conversion rates for US$
- Exhibit 186: Currency conversion rates for US$

13.4 Research methodology
- Exhibit 187: Research methodology
- Exhibit 188: Validation techniques employed for market sizing
- Exhibit 189: Information sources

13.5 List of abbreviations
- Exhibit 190: List of abbreviations

Methodology

Research Framework

Technavio presents a detailed picture of the market by way of study, synthesis, and summation of data from multiple sources. The analysts have presented the various facets of the market with a particular focus on identifying the key industry influencers. The data thus presented is comprehensive, reliable, and the result of extensive research, both primary and secondary.

INFORMATION SOURCES

Primary sources

Manufacturers and suppliers
Channel partners
Industry experts
Strategic decision makers

Secondary sources

Industry journals and periodicals
Government data
Financial reports of key industry players
Historical data
Press releases

DATA ANALYSIS

Data Synthesis

Collation of data
Estimation of key figures
Analysis of derived insights

Data Validation

Triangulation with data models
Reference against proprietary databases
Corroboration with industry experts

REPORT WRITING

Qualitative

Market drivers
Market challenges
Market trends
Five forces analysis

Quantitative

Market size and forecast
Market segmentation
Geographical insights
Competitive landscape

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Key Questions Answered

What are the key global market and the regional market share?
What are the revenue-generating key market segments?
What are the key factors driving and challenging this market’s growth?
Who are the key market vendors and their growth strategies?
What are the latest trends influencing the growth of this market?
What are the variables influencing the market growth in the primary regions?
What are the factors influencing the growth of the parent market?

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