Medical Devices Market to Demonstrate Progress at a ~9% of CAGR by 2023
The Analysis presents the study of Global Medical Devices Market facilitating the regional and country wise analysis covering the strategic analysis of each market player and the market share they hold.
(EMAILWIRE.COM, February 01, 2019 ) MarketResearchFuture.com adds “Medical Devices Market - 2018 Global Analysis, Growth, Trends and Opportunities Research Report forecasting to 2023” reports to its database.
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Taking all factors into consideration, we expect the Brazil medical devices market to reach around US$ 1844 million from US$ 1100 million in 2017, by the end of the forecast period at a CAGR of ~9%.
The recent market developments has necessitated a ‘see through’ approach so as to avoid the slippery slope generated by the changing paradigms resulting from the powerful forces of economy, business models, competition and others. “Market Research future” presents its latest report titled “World Medical Devices Market –forecast till 2023” to help clear the blur resulting from these developments and to give the reader a clear picture of the possibilities and nuisances lying ahead!
Key Players for Brazil Medical Devices Market:
Some of the key players in this market are: Johnson & Johnson, General Electric, Medtronic, Koninklijke Philips Electronics NV., Baxter International, Fresenius Medical Care AG & Co., Cardinal Health, Boston Scientific Corporation, St. Jude Medical Inc., Hitachi Medical Corporation, Siemens Ltd and others.
Intended Audience:
Medical Devices Manufacturers
Medical Devices Suppliers
Private Research Laboratories
Research and Development (R&D) Companies
Market Research and Consulting Service Providers
Government Research Laboratories
Contract Manufacturing Organizations
Market Scenario:
The World Health Organization (WHO) defines medical device as any instrument, apparatus, machine, appliance, implant, software, material etc. intended to be used for medical purposes and which does not achieve its primary intended action by pharmacological, immunological or metabolic means, but which may assisted these function. Brazil is the largest economy in South America and spends 8.3% of GDP on healthcare in 2014.
Brazil has an extreme dependence on imports with regards to medical devices with the domestic market being highly consolidated with a handful of players. The U.S. leads the bandwagon of exporters followed by Europe. The imports are also poised to grow in the future with China challenging the western hegemony in low end devices.
Technology and product development remain the main growth engines for the market for medical devices. Advancements in connectivity and processing power of devices, growth of healthcare mobile applications, development of stronger biocompatible materials and cloud integration are the leading themes in technology. Falling cost of production and rising manufacturing capacities in electronic industry, demand for early detection and noninvasive therapies such as those of cancer etc., need to curtail the rising cost of healthcare, growing awareness and spread of information technology, development of user friendly devices etc. are further fueling the market. Market constraints are high cost of imported medical devices and high sales tariffs, low penetration of medical devices in Brazil and differential connectivity in inaccessible regions of Brazil. The poor regulatory framework has led to poor quality devices especially made by developing nations, which competes with high quality devices reducing the share of high tech devices segment. Political turmoil, the weak Brazilian Real etc. remain economic threats to the market.
Segments:
Brazil medical devices market has been segmented on the basis of product type which comprises monitoring devices, diagnostic devices, diagnostic molecular devices, drug delivery devices, surgical devices, bio implants and stimulation devices, automation and robotics and others. On the basis of therapeutic application; market is segmented into general surgery, diagnostic imaging, respiratory, orthopedics, cardiovascular, dental, neurology, ophthalmology, ear-nose-throat (ENT), nephrology and urology, and others. On the basis of end users; market is segmented hospitals, ambulatory and home.
BRIEF TOC:
Chapter 1. Introduction
1.1 Definition
1.2 Scope of Study
1.3 Research Objective
1.4 & Limitations
1.5 Structure:
Chapter 2. Research Methodology
2.1. Research Process
2.2 Primary Research
2.3. Secondary Research
Chapter 3. Market Dynamics
3.1. Drivers
3.2. Restraints
3.3. Opportunities
3.4. Challenges
3.5 Macroeconomic Indicators
Chapter 4. Market Factor Analysis
4.1 Five Forces Model
4.1.1 Bargaining Power of Suppliers
4.1.2 Power of Customer
4.1.3 Intensity of Competitor’s
4.1.4 Threat of New Entrants
Chapter 5. Brazil Medical Devices Market, By Product Type
5.1 Introduction
5.1.1 Monitoring Devices
5.1.2 Diagnostic Devices
5.1.3 Diagnostic Molecular Devices
5.1.4 Drug Delivery Devices
5.1.5 Surgical Devices
5.1.6 Bio Implants and Stimulation Devices
5.1.7 Automation and Robotics And
5.1.8 Others
…CONTINUED
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At Market Research Future (MRFR), we enable our customers to unravel the complexity of various industries through our Cooked Research Report (CRR), Half-Cooked Research Reports (HCRR), Raw Research Reports (3R), Continuous-Feed Research (CFR), and Market Research & Consulting Services.
In order to stay updated with technology and work process of the industry, MRFR often plans & conducts meet with the industry experts and industrial visits for its research analyst members.
TRY SAMPLE REPORT @ https://www.marketresearchfuture.com/sample_request/2869 .
Taking all factors into consideration, we expect the Brazil medical devices market to reach around US$ 1844 million from US$ 1100 million in 2017, by the end of the forecast period at a CAGR of ~9%.
The recent market developments has necessitated a ‘see through’ approach so as to avoid the slippery slope generated by the changing paradigms resulting from the powerful forces of economy, business models, competition and others. “Market Research future” presents its latest report titled “World Medical Devices Market –forecast till 2023” to help clear the blur resulting from these developments and to give the reader a clear picture of the possibilities and nuisances lying ahead!
Key Players for Brazil Medical Devices Market:
Some of the key players in this market are: Johnson & Johnson, General Electric, Medtronic, Koninklijke Philips Electronics NV., Baxter International, Fresenius Medical Care AG & Co., Cardinal Health, Boston Scientific Corporation, St. Jude Medical Inc., Hitachi Medical Corporation, Siemens Ltd and others.
Intended Audience:
Medical Devices Manufacturers
Medical Devices Suppliers
Private Research Laboratories
Research and Development (R&D) Companies
Market Research and Consulting Service Providers
Government Research Laboratories
Contract Manufacturing Organizations
Market Scenario:
The World Health Organization (WHO) defines medical device as any instrument, apparatus, machine, appliance, implant, software, material etc. intended to be used for medical purposes and which does not achieve its primary intended action by pharmacological, immunological or metabolic means, but which may assisted these function. Brazil is the largest economy in South America and spends 8.3% of GDP on healthcare in 2014.
Brazil has an extreme dependence on imports with regards to medical devices with the domestic market being highly consolidated with a handful of players. The U.S. leads the bandwagon of exporters followed by Europe. The imports are also poised to grow in the future with China challenging the western hegemony in low end devices.
Technology and product development remain the main growth engines for the market for medical devices. Advancements in connectivity and processing power of devices, growth of healthcare mobile applications, development of stronger biocompatible materials and cloud integration are the leading themes in technology. Falling cost of production and rising manufacturing capacities in electronic industry, demand for early detection and noninvasive therapies such as those of cancer etc., need to curtail the rising cost of healthcare, growing awareness and spread of information technology, development of user friendly devices etc. are further fueling the market. Market constraints are high cost of imported medical devices and high sales tariffs, low penetration of medical devices in Brazil and differential connectivity in inaccessible regions of Brazil. The poor regulatory framework has led to poor quality devices especially made by developing nations, which competes with high quality devices reducing the share of high tech devices segment. Political turmoil, the weak Brazilian Real etc. remain economic threats to the market.
Segments:
Brazil medical devices market has been segmented on the basis of product type which comprises monitoring devices, diagnostic devices, diagnostic molecular devices, drug delivery devices, surgical devices, bio implants and stimulation devices, automation and robotics and others. On the basis of therapeutic application; market is segmented into general surgery, diagnostic imaging, respiratory, orthopedics, cardiovascular, dental, neurology, ophthalmology, ear-nose-throat (ENT), nephrology and urology, and others. On the basis of end users; market is segmented hospitals, ambulatory and home.
BRIEF TOC:
Chapter 1. Introduction
1.1 Definition
1.2 Scope of Study
1.3 Research Objective
1.4 & Limitations
1.5 Structure:
Chapter 2. Research Methodology
2.1. Research Process
2.2 Primary Research
2.3. Secondary Research
Chapter 3. Market Dynamics
3.1. Drivers
3.2. Restraints
3.3. Opportunities
3.4. Challenges
3.5 Macroeconomic Indicators
Chapter 4. Market Factor Analysis
4.1 Five Forces Model
4.1.1 Bargaining Power of Suppliers
4.1.2 Power of Customer
4.1.3 Intensity of Competitor’s
4.1.4 Threat of New Entrants
Chapter 5. Brazil Medical Devices Market, By Product Type
5.1 Introduction
5.1.1 Monitoring Devices
5.1.2 Diagnostic Devices
5.1.3 Diagnostic Molecular Devices
5.1.4 Drug Delivery Devices
5.1.5 Surgical Devices
5.1.6 Bio Implants and Stimulation Devices
5.1.7 Automation and Robotics And
5.1.8 Others
…CONTINUED
AVAIL DISCOUNT REPORT @ https://www.marketresearchfuture.com/check-discount/2869 .
About Market Research Future:
At Market Research Future (MRFR), we enable our customers to unravel the complexity of various industries through our Cooked Research Report (CRR), Half-Cooked Research Reports (HCRR), Raw Research Reports (3R), Continuous-Feed Research (CFR), and Market Research & Consulting Services.
In order to stay updated with technology and work process of the industry, MRFR often plans & conducts meet with the industry experts and industrial visits for its research analyst members.
Contact Information:
Marketresearchfuture
Market Research Future
Tel: +1 (646) 845 9349
Email us
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Marketresearchfuture
Market Research Future
Tel: +1 (646) 845 9349
Email us
----
This press release is posted on EmailWire.com -- a global newswire that provides Press Release Distribution Services with Guaranteed Results