Medical Device Market Is Expected to Reach $426.2 Billion by 2025 – an Exclusive Market Research Report Bby Lucintel

Trends and Forecast for the Global Medical Device Market
Trends, opportunities and forecast in medical device market to 2026 by application (surgical and infection control devices, general medical devices, cardiovascular devices, orthopedic devices, home healthcare devices, and other devices), function (diagnostic and monitoring, therapeutic, surgical, and other devices), end use (homecare medical devices and hospitals and ambulatory care medical devices), and region (North America, Europe, Asia Pacific, and the Rest of the World)

Lucintel’s latest market report analyzed that medical device provides attractive opportunities in hospital and homecare sector. The medical device market is expected to reach $426.2 billion by 2025 with a CAGR of 3.6%. In this market, cardiovascular device is the largest segment by application, whereas surgical device is largest by function. The increasing use of AI-Optimized medical device, increasing acceptance of wearable medical devices, growing use of miniaturized medical devices, and growing adoption 3D-Printing in medical devices provides strategic growth path in this market.

Download Brochure of this report by clicking on https://www.lucintel.com/medical-device-market.aspx Based on application, the medical device market is segmented into surgical and infection control devices, general medical devices, cardiovascular devices, orthopedic devices, home healthcare devices, and other devices. The cardiovascular devices segment accounted for the largest share of the market in 2020 due to increasing geriatric population, inactive lifestyle, and poor eating habits.

Browse in-depth TOC on “Medical Device Market”

53 – Tables

80 – Figures

177 – Pages

The medical device market is marked by the presence of several big and small players. Some of the prominent players offering Medical device include Medtronic, Johnson & Johnson, GE Healthcare, Siemens, and Cardinal Health and others.  

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https://www.lucintel.com/downloadreportsample.aspx?RepId=RPT3492

This unique research report will enable you to make confident business decisions in this globally competitive marketplace. For a detailed table of contents, contact Lucintel at +1-972-636-5056 or click on this link helpdesk@lucintel.com.

About Lucintel

Lucintel, the premier global management consulting and market research firm, creates winning strategies for growth. It offers market assessments, competitive analysis, opportunity analysis, growth consulting, M&A, and due diligence services to executives and key decision-makers in a variety of industries. For further information, visit www.lucintel.com.

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