United States medical devices market is expected to grow at an impressive rate during the forecast period. Healthcare industry is the United States is a well-developed infrastructure and government invests high amount for continuous upgradation of the existing infrastructure which is boosting the demand for medical devices for the next five years. Leading authorities are providing reimbursement policies to the residents to expand the reach of healthcare services to make it more accessible for the residents of United States. Strong economic growth and growing GDP is raising the expenditure capacity of the consumers in United States. Also, rise in awareness regarding benefits of healthy and fit lifestyle is creating lucrative opportunities for the growth of the medical devices market. Increasing prevalence of chronic diseases and rising old age population is expected to boost the demand for medical devices market in United States. Rising demand for minimally invasive surgeries is expected to drive the medical devices market. Minimally invasive surgeries include shorter hospital stays, smaller incisions, reduction in pain and surgical wounds and have lower risk of complications than open surgeries. High beauty standards and preference shift for cosmetic surgeries is increasing the demand for medical devices in United States.
United States medical devices market is segmented into
The major players operating in the United States medical devices market are GE Healthcare, Siemens Medical Solutions USA Inc., Philips Healthcare USA, Shimadzu Medical Systems USA, Hologic, Inc., Fujifilm Medical Systems USA, Medtronic USA, Inc., Johnson & Johnson, Abbott Laboratories, Inc., Becton, Dickinson, and Company, Baxter International, Inc., Canon Medical Systems USA, Inc., Bausch Health Companies, Inc., Alcon, Inc., Dexcom, Inc., Hill-Rom Holdings, Inc., ResMed, Inc., Invacare Corporation, Roche Diagnostics Corporation, Stryker Corporation, 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 devices market from 2017 to 2020.
- To estimate and forecast the market size of United States medical devices market from 2021 to 2027 and growth rate until 2027.
- To classify and forecast United States medical devices market based on type, application, regional distribution, and company.
- To identify dominant region or segment in the United States medical devices.
- To identify drivers and challenges for United States medical devices market.
- To examine competitive developments such as expansions, new product launches, mergers & acquisitions, etc., in United States medical devices market.
- To identify and analyze the profile of leading players operating in United States medical devices market.
- To identify key sustainable strategies adopted by market players in United States medical devices market.
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Market insights research performed both primary as well as exhaustive secondary research for this study. Initially, Market insights research sourced a list of manufacturers across the globe. Subsequently, Market insights research conducted primary research surveys with the identified companies. While interviewing, the respondents were also enquired about their competitors. Through this technique, Market insights research could include the manufacturers who could not be identified due to the limitations of secondary research. Market insights research analyzed the manufacturers, distribution channels and presence of all major players across the globe.
Market insights research calculated the market size of
Key Target Audience
- Medical devices manufacturing companies
- Market research and consulting firms
- Government bodies such as regulating authorities and policy makers
- Organizations, forums, and alliances related to medical devices 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 |
| Historical Years | 2017 – 2020 |
| Estimated Year | 2022E |
| Forecast Period | 2023F – 2027F |
| Quantitative Units | Revenue in USD Million and CAGR for 2017-2021 and 2022E-2027F |
| Report Coverage | Revenue forecast, company share, competitive landscape, growth factors, and trends |
| Segments Covered | · Type · End User |
| Region Scope | South-Region, West-Region, Mid-West Region & Northeast-Region |
| Key Companies Profiled | GE Healthcare, Siemens Medical Solutions USA Inc., Philips Healthcare USA, Shimadzu Medical Systems USA, Hologic, Inc., Fujifilm Medical Systems USA, Medtronic USA, Inc., Johnson & Johnson, Abbott Laboratories, Inc., Becton, Dickinson, and Company, Baxter International, Inc., Canon Medical Systems USA, Inc., Bausch Health Companies, Inc., Alcon, Inc., Dexcom, Inc., Hill-Rom Holdings, Inc., ResMed, Inc., Invacare Corporation, Roche Diagnostics Corporation, Stryker Corporation. |
| 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) |
