Global medical devices market expected to reach £350.4 billion by 2020

The aging population, increasing healthcare expenditure, and technological advancements are driving growth in the medical devices market.

The global medical devices market will see a steady growth over the coming years with the sales revenue potentially reaching £350.4 billion and international trade value reaching £186.3 billion by 2020.

Global Medical Devices Market 2012-2020 examines the worldwide market of medical devices through a comprehensive review of information sources. This report, by Market Research Reports, provides historical performance, in-depth analysis, and trend forecast of market size and share, sales revenue, international trade, R&D investment, geographic distributions and product categories by device area in the global medical device market and industry.

Historical statistics cover the past three years and forecast data characterise the 2014-2020 period. Market analyses and discussions of commercial drivers, restraints, and challenges, emerging market opportunities, competitive environment and technological developments are also reviewed in the report. Per capita MD expenditure/availability in major economic markets (on country basis) is compared and analysed.

Medical devices are segmented by device area such as diagnostic imaging devices, in vitro diagnostics, cardiology, etc. The market data and forecast trends are provided for each sub-market in the time range of 2012-2020, highlighted by 62 tables and figures totally. The top 40 medical device manufacturers in 2014 are listed and 20 of them are profiled and studied.

The "Global Medical Devices Market 2012-2020: Market Size, Share, Trends, Analysis and Forecast" report covered companies - Johnson & Johnson, GE Healthcare, Medtronic Inc., Siemens AG, Baxter International Inc., Fresenius Medical Care AG & Co. KGAA, Koninklijke Philips NV, Cardinal Health Inc., Novartis AG, Covidien plc