The companies are merging to build revenue growth and offer joint offerings to hospital and physician customers

DublinAnd January 20, 2023 /PRNewswire/ — the “The Global Medical Devices Market, Twelfth Edition” The report has been added to ResearchAndMarkets.com an offer.

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The Global Medical Devices Market Report consists of new market trends and forecasts. The market share position of some companies has changed as a result of the pandemic and for some mergers, while the restructuring and liquidation of some medical device units affected the results.

With the increasing growth in the market, companies are merging to build revenue growth and offer joint offerings to hospital clients and physicians.

The medical device industry, which is often referred to as the Medtech industry, is an important aspect of the entire healthcare industry. The medical device industry is constantly modernizing and changing through the continuous development of new technologies, equipment, tests, and devices.

Advances in the medical device markets are changing lives and allowing patients to live longer, healthier, and more productive lives. However, the medical device industry has unique challenges. It is a highly regulated industry in most countries of the world, as detailed in the regulatory section of this report. Devices need to be approved for payment and prices are negotiated in many cases by group purchasing organizations and governments.

Companies operating in this field must make continuous research and development investments to produce innovations that drive market success. However, despite these challenges, the devices also benefit from serving a growing number of elderly people around the world.

The devices are also among the first priorities for emerging market countries, as they increase the size of their economies and their healthcare spending. Therefore, there are too many hardware competitors and investors and venture capitalists interested in this area.

As part of its coverage, this report contains:

  • Overview of medical devices and related regulations in 50 global markets;

  • Market size estimation and forecast until 2027 for the global market, United State market and several country markets, incl ChinaAnd JapanAnd IndiaAnd BrazilAnd GermanyAnd Canada and other countries;

  • a catalog of badminton equipment companies;

  • markets for specific categories of medical devices;

  • A look at market drivers and determinants and company profiles for key hardware concerns.

Coverage of the most important companies

Because of the variety of types of medical devices, there are several hundred competitors. There is an increasing trend towards consolidation in the industry and as a result the top 15 companies are maintaining and/or gaining an increasing percentage of the market each year.

Additionally, there is quite a bit of a shift in the ranking as a large acquisition could push the company several spots up the ladder. Most companies operate in a few markets, although the big ones like Medtronic, J&J, Siemens Healthineers, Danaher, and Philips are multi-billion dollar companies operating in several categories. There are thousands of companies that manufacture devices in India United State Alone, most of these companies are private, and many have fewer than 50 employees.

In each issue, the analyst looks at 12-15 companies in the industry that are large, global and represent different categories of medical devices. Corporate performance provides insights into global hardware market performance and reveals trends in geographic sales distribution and R&D spending.

The following companies make up the analysts’ index of Bellwether appliance companies:

  • Abbott Laboratories

  • Brown

  • Baxter

  • Picton Dickinson

  • Boston Scientific

  • Cardinal health

  • Danaher Corporation.

  • GE Healthcare

  • Johnson & Johnson

  • Medtronic

  • Phillips

  • Roach

  • Siemens Healthineers

  • Stryker Corp.

  • Zimmer Biomet

Main topics covered:

Chapter 1: Executive Summary

Chapter 2: Introduction

  • summary

  • regulation in United State

  • Classification of medical devices

  • First class medical devices

  • Limitations on Exemptions

  • Class II medical devices

  • Class III medical devices

  • Device classification summary

  • FDA launches Early Approval Program (EAP)

  • Real-world data and real-world evidence in the device approval process

  • Emergency use authorizations for medical devices – related to COVID-19

  • regulation in Europe

  • European Union

  • United kingdom – Brexit

  • European Economic Area

  • Switzerland

  • turkey

  • regulation in Japan

  • regulation in China

  • regulation in Canada

  • regulation in Brazil

  • Global healthcare trends

  • Unique Device Identifier (UDI)

Chapter Three: Mergers and Acquisitions

  • an introduction

  • Selected recent mergers and acquisitions in the hardware industry

  • Boston Scientific, Baylis Medical, Lumenis, Preventice Solutions, Farapulse, and Devoro Medical

  • GE Healthcare has acquired BK Medical

  • Baxter buys a Hellrom

  • Cordis MAA purchased

  • Teleflex Snags Standard for the treatment of obesity

  • Medtronic continues to acquire Medtech companies

  • Braun acquires the Katherine device line from Starboard Medical

  • Johnson and Johnson/DePuy Synthes acquires CrossRoads

  • Siemens Healthhiners and Varian Medical Systems

  • Large historical medical device acquisitions

  • Medtronic acquires Covidien and other companies

  • Abbott: Acquisitions, Divestments, and the Alier Deal

  • BD acquires CareFusion; Follow up with CR Bard

  • Pfizer and $17 billion Hospira acquisition

  • Zimmer completes biomet acquisition

  • Cardinal Health strengthens its position in the medical device market with the acquisition of Medtronic assets

  • Canon Medical increases its imaging portfolio with the acquisition of Toshiba Medical Systems

  • Dentsply-Sirona merger

  • in October 2018Johnson & Johnson announced the divestment of its LifeScan division into Platinum Equity $2.1 billion. Thermo Fisher Scientific accomplishes major deals in 2016

  • Danaher and Cepheid: Expanding access to molecular diagnostic techniques

  • Turnier and Wright medical merger completed

  • Stryker Corporation is active in mergers and acquisitions – merging Wright Medical

  • Wright Medical Striker and Wright Medical: $4.7 billion chance

  • AbbVie and Allergan – a $63 billion Deal

Chapter 4: Specific Device Markets

  • blood collection supplies

  • catheterization

  • contact lenses

  • CPAP devices

  • Critical Care Analysis – Blood Gas Analyzers

  • Pacemakers

  • Diabetes management devices

  • Glucose Monitor Consumer Market Value (2022): $10.9 billion

  • Insulin Delivery Pump Market Value (2022): $4.1 billion

  • Dialysis equipment and supplies

  • binoculars

  • Connecting the stomach and obesity devices

  • Hernia repair and fixation devices

  • Hip implants

  • infusion pumps

  • Intraocular lens devices

  • knee implants

  • Posterior knee implants

  • Cruciate knee implants

  • Unicompartmental knee implant

  • Medical beds

  • Minimally invasive surgery (MIS)

  • MRI

  • nasal cannula

  • Ostomy products

  • Pacemakers

  • Patient monitoring

  • Personal protective equipment

  • Medical Gloves Market Value (2022): $5.8 billion

  • Medical Masks / Face Protection Market Value (2022): $2.3 billion

  • Protective Apparel Market Value (2022): $2.5 billion

  • Ventilators and PPE Kits Market Value (2022): 3.6 billion dollars

  • struts

  • Sterilization and disinfection equipment

  • Ultrasound

  • Wheelchairs

  • Wound care devices, advanced technologies

  • X ray

Chapter Five: Market Analysis

  • Market drivers

  • population aging

  • An increase in chronic diseases

  • market restrictions

  • Click on prices

  • Collective procurement organization

  • Value Analysis Committees

  • The state of the US hospital market

  • Hospital pricing transparency

  • Interoperability and exchange of patient health information

  • Medical device size and growth

  • market by region

  • Market by Country: Top 20

  • Medical device market in the United States

  • Japanese medical device market

  • Chinese medical device market

  • Medical device market in Germany

  • Medical device market in France

  • UK medical device market

  • Medical device market in Italy

  • Medical device market in Spain

  • Medical device market in Brazil

  • Medical device market in India

  • Medical device market in Canada

  • Medical device market in Australia

  • The medical device market in the Netherlands

  • Medical device market in Russia

  • Medical device market in Taiwan

  • Medical device market in South Korea

  • Medical device market in Switzerland

  • Swedish medical device market

  • Mexico market for medical devices

  • Medical device market in Turkey

  • The second level: market by country

Chapter 6: Company Profiles: Bellweather

  • Abbott Laboratories

  • Brown

  • Baxter

  • Picton Dickinson

  • Boston Scientific

  • Cardinal health

  • Danaher Corporation.

  • GE Healthcare

  • Johnson & Johnson

  • Medtronic

  • Phillips

  • Roach

  • Siemens Healthineers

  • Stryker Corp.

  • Zimmer Biomet

Chapter Seven: Other Market Participants

For more information on this report visit https://www.researchandmarkets.com/r/fd10rp

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