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Global Medical

Devices Market
Share, Global Trends,
Analysis, Research, Report,
Opportunities,
Segmentation and Forecast,
2015

Future Market Insights

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Report
Description
Report Description
Medical devices market is the fastest increasing market worldwide due to its extensive
use in hospitals, research and development centers, educational institutes and clinical
laboratories. Medical devices market is majorly classified into seven categories including
diagnostic imaging devices, drug delivery devices, molecular diagnostic, surgical devices,
monitoring devices, bioimplants and neurostimulation, and others.
Following are the highlights of the various segments of the medical devices market:
Diagnostic imaging devices are the devices used for diagnosing disease condition.
Diagnostic devices market is further differentiated into:

Magnetic resonance imaging (MRI)


Computed Tomography (CT) scan
X-ray systems
Ultrasound imaging systems

Nuclear Imaging Systems (Positron Emisson Tomography (PET), SPECT (Single photon
emission computed tomography))
Electrocardiography (ECG)
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Description
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Drug delivery devices are the devices and accessories which are helpful in performing
drug administration. This market consists of:
Inhaler devices (dry powder inhalers and metered dose inhalers)

Nebulizers
Microneedles
Pre-filled syringes (PFS) (glass PFS and plastic PFS)
Pen injectors
Auto injectors
Needle free injectors
Molecular diagnostic devices are specialized to test nucleic acid or proteins. This
category of medical devices includes:

Polymerase chain reaction (PCRs)


Microarrays
Surgical devices are devices majorly used during both invasive and non-invasive surgery
including:

Handheld instruments (forceps, spatula, dialator)

Report
Description
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Guiding devices (guiding catheters and guidewires)
Auxiliary devices (cannula, staplers, clamp, closure)
Balloon inflation systems
Mechanical cutters (trocar, rasp, scissors)
Monitoring Devices are the devices which are used for keeping the record of patient
after the treatment. This category of devices consists of:
Heart rate monitors (Holter monitors, Event monitors, Implantable loop monitors)
Blood pressure monitoring system
Blood Glucose monitors
Thermometers
Body mass index analyzers
Bioimplants and neurostimulation market include the devices which are implanted
inside the body for treatment of the disease condition. This segment of market is
differentiated into:
Cardiovascular Implants (pacing devices, stents, structural cardiac implants)

Spinal implants (thoracolumbar Implants, Intervertebral Spacers, Machined Allograft


Spacers, Cervical Implants)

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Description
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Orthopedics and Trauma (reconstructive joint replacements, orthobiologics, trauma
implants)
Dental implants (plate form and root form dental implants)

Opthalmic implants (intraocular lens, glaucoma and other lenses)


Neurostimulator implants (cortical stimulators, deep brain stimulators, sacral nerve
stimulators, spinal stimulators)
Hearing aids

Cosmetic implants
Others: This category of medical devices include all the accessories and material which
are helpful in performing medical procedures such as
Syringes

Gloves
Medical and surgical sterilizers
Needles
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Report
Description
Report Description
The medical devices market is showing continuous growth driven by various factors such
as rise in aging population, innovations in medical devices, changing lifestyles and
increasing awareness about the medical conditions and available treatments. Diagnostic
imaging devices segment is the major revenue generating market for medical devices
market due to extensive research and development. Other major revenue segment for
medical devices market is bioimplants and neurostimulation specifically in markets of
North America and Europe due to increasing demand for cosmetic implants and
economic stability in these regions.
North America leads in the medical devices market followed by the Europe majorly
because of aging population. According to the data of Centers for Disease Control and
Prevention (CDS), in 2010 40 million people aged 65 and above in United States
accounting for 13% of the total population and CDC projected that around 20% of the
population in the country would be under this category by 2030. Market of Asia-Pacific is
also growing at faster pace for medical devices majorly driven by the growing economies
of Japan, China and India. The key players in the market include Stryker Corporation,
Johnson & Johnson, Philips Healthcare, Siemens Healthcare, GE Healthcare, Toshiba
Medical Systems, Boston Scientific Corporation, St. Jude Medical, Inc., Biomet, Inc. and
Smith and Nephew. Among all of the above Stryker Corporation and Johnson & Johnson
are currently dominating medical devices markets.

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