Medical Devices Market Size, Forecast Insights, Opportunities, Drivers, 2021 to 2027

March 29, 2021 - PRLog -- Global medical devices market size was analysed at USD 390.60 billion in 2018. Overall market is projected to reach a value of USD 614.13 billion in 2027. The market is analyzed to rise at a CAGR of 5.16% over the forecast period of 2019 to 2027. Key factor driving the market growth is increasing healthcare expenditure and technology advancement.
Global medical devices market is segmented based on region and application. On the basis of region, it is bifarcated into North America, Europe, Asia Pacific, Middle East & Africa and Central & South America. In terms of application, segmentations are general medical, orthopedic, surgical and infection control, cardiovascular, home healthcare and others. General medical is estimated to be the largest segment accounting for 36.44% share in the global medical devices market.

Below are the qualitative factor analysed in this report:

• Market driver analysis
• Market restraint analysis
• Market Opportunity
• Market Trends
• SWOT Analysis
• Cost Structure
• Supply Chain Analysis
• PESTEL Analysis
• Porter's Five Forces Analysis
• Pricing Analysis
• Key Market Participants (Intensity Map) by Region

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