Medical Devices Industry: Global Market Size, Share, Growth 2017 Medical Devices Industry Global Market | Page 2

Medical Devices Market - Global Industry Analysis, Size, Share, Growth,
Trends and Forecasts 2017 – 2021
“Global Medical Devices Market with Focus on Korea: Industry Analysis & Outlook (2017-2021)” by
Koncept Analytics provides an extensive research and detailed analysis of the present market along with
future outlook. The report discusses the major growth drivers and challenges of the market, covering the
Americas, Asia-Pacific and Europe region along with the global market.
Company Coverage of Global Medical Devices Market: Johnson & Johnson, Medtronic plc, Stryker and
Siemens.
Global Medical Device Market is expected to grow in future due to increasing ageing population, obese
population, rise in health expenditure and rising diabetic prevalence. Key trends of this market include
adoption of minimally invasive devices, changing lifestyle, increasing awareness towards diagnosis and
treatment. However, there are some factors which can hinder the market growth including safety, quality &
security control and changing regulations for safety control.
The Americas region is a major contributor to the global medical device market supported by technological
innovation and higher concentration of major medical devices and manufacturing companies. The Americas
region is likely to experience further growth of medical device market with technological advancements in
medical devices, growing cases of cardiovascular diseases and rising adoption of medical implants.
Cardiology and In-vitro segments were significant in the growth of medical device market because of
increased cases of heart related diseases and increased need of lab testing for diagnosis of diseases.
Complete report available at http://www.marketreportsonline.com/580819.html