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Pulished Date February, 2020
ID: 1862
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Europe Medical Device Technology Market Research Report – Segmented By Device Type, Technology & Country (UK, France, Spain, Germany, Italy, Russia, Sweden, Denmark, Switzerland, Netherlands, Turkey, Czech Republic & Rest of Europe) - Industry Analysis on Size, Share, Trends, Forecast, Growth | 2020 - 2025

Pulished: February, 2020
ID: 1862
Pages: 140

Europe Medical Device Technology Market Size (2020 to 2025)

The size of the Medical Device Technology Market in Europe is expected to grow at a CAGR of 5.77% from 2020 to 2025. The market is forecasted to grow USD 175.9 Million by 2025 from USD 132.88 Million in 2020.

Y-O-Y growth in the incidence of chronic diseases across all the European countries, growing focus of medical technology companies towards the R & D investments to produce more advanced medical devices, and regular FDA approvals for the devices are favorable signals for the market grow further during the forecast timeline.

Well-developed healthcare infrastructure and rapid adoption of new medical technologies are additionally driving the market growth in Europe. The increasing prevalence of orthopedic disorders such as arthritis, osteoporosis, soft-tissue injuries, and fractures in the aging population demands more advanced medical devices and better treatment procedures, which is expected to offer growth scope to the market.

High costs associated with the R & D and manufacturing the medical devices may hinder Europe's medical device technology market.

This research report on the European Medical Device Technology Market has been segmented and sub-segmented into the following categories:

  • By Device Type: Electromedical equipment, Irradiation apparatus, Dental apparatus, in vitro diagnostics (IVD) devices, kidney/dialysis devices, diagnostic imaging devices, ophthalmology devices, orthopedic devices, endoscopy devices, diabetes care devices, anesthesia & respiratory care devices, wound management devices
  • By Technology: Biomarkers, Bio implants, molecular diagnostics
  • By Country: UK, France, Spain, Germany, Italy, Russia, Sweden, Denmark, Switzerland, Netherlands, Turkey, Czech Republic & Rest of Europe

Regional Analysis:

The European market for the medical device technology market is predicted to have lucrative growth from 2020 to 2025 and was the second-largest market following North America in 2019. The market in this region is attributed to factors like the growing old age population and rising number of surgical procedures.

Germany is currently dominating the European market due to factors like the availability of funds and investments for research and product innovation. The hiking requirement for cost-containment among the healthcare sector is driving growth in the market.

UK medical device technology market in Europe was the third-largest in 2019, followed by Germany and France. Increasing demand for imported products is receptive to new and innovative technologies. France is the second-largest leading country in the region due to advanced technologies, the number of MRI scanners used to diagnose different kinds of cancer, and the rising number of cancer specialists involving radiotherapy technicians.

Prominent Companies leading the Europe Medical Device Technology Market Profiled in the Report are Abbott Laboratories, Inc., Becton, Dickinson and Company, GE Healthcare, Novartis Diagnostics, bioMerieux, Inc., Biomerica, Inc., Johnson and Johnson Diagnostics, Inc., Olympus Corporation, Qiagen N.V., Siemens AG, Thermo Fischer Scientific, Inc., and Zenith Healthcare Ltd.

1.Introduction 

  1.1 Market Definition   

  1.2 Study Deliverables 

  1.3 Base Currency, Base Year and Forecast Periods

  1.4 General Study Assumptions      

2. Research Methodology   

  2.1 Introduction     

  2.2 Research Phases     

    2.2.1 Secondary Research

    2.2.2 Primary Research     

    2.2.3 Econometric Modelling   

    2.2.4 Expert Validation      

  2.3 Analysis Design 

  2.4 Study Timeline

3. Overview      

  3.1 Executive Summary      

  3.2 Key Inferences 

  3.3 Epidemiology    

4. Drivers, Restraints, Opportunities, and Challenges Analysis (DROC)   

  4.1 Market Drivers

  4.2 Market Restraints   

  4.3 Key Challenges 

  4.4 Current Opportunities in the Market    

5. Market Segmentation      

  5.1 Type    

    5.1.1 Introduction 

    5.1.2 Electro medical equipment    

    5.1.3 Irradiation Apparatus      

    5.1.4 Dental Equipment and Supplies  

    5.1.5  Y-o-Y Growth Analysis, By Type 

    5.1.6  Market Attractiveness Analysis, By Type      

    5.1.7  Market Share Analysis, By Type 

  5.2 End User     

    5.2.1 Introduction 

    5.2.2 Clinics & Hospitals    

    5.2.3 Medical Device Industries    

    5.2.4 Research and Pharmaceutical Entities      

    5.2.5 Y-o-Y Growth Analysis, By End User   

    5.2.6 Market Attractiveness Analysis, By End User 

    5.2.7 Market Share Analysis, By End User   

6. Geographical Analysis      

  6.1 Introduction     

    6.1.1 Regional Trends 

    6.1.2 Impact Analysis  

    6.1.3 Y-o-Y Growth Analysis     

      6.1.3.1 By Type   

      6.1.3.2 By End User   

    6.1.4  Market Attractiveness Analysis  

      6.1.4.1 By Type   

      6.1.4.2 By End User   

    6.1.5  Market Share Analysis   

      6.1.5.1 By Type   

      6.1.5.2 By End User   

  6.2 U.K

  6.3 Spain   

  6.4 Germany    

  6.5 Italy     

  6.6 France

  6.7 Rest of Europe

7.Strategic Analysis

  7.1 PESTLE analysis 

    7.1.1 Political  

    7.1.2 Economic     

    7.1.3 Social      

    7.1.4 Technological      

    7.1.5 Legal

    7.1.6 Environmental    

  7.2 Porter’s Five analysis    

    7.2.1 Bargaining Power of Suppliers     

    7.2.2 Bargaining Power of Consumers 

    7.2.3 Threat of New Entrants  

    7.2.4 Threat of Substitute Products and Services    

    7.2.5 Competitive Rivalry within the Industry  

8.Market Leaders' Analysis 

  8.1 Abbott Laboratories, Inc.     

    8.1.1 Overview     

    8.1.2 Product Analysis

    8.1.3 Financial analysis      

    8.1.4 Recent Developments    

    8.1.5 SWOT analysis    

    8.1.6 Analyst View

 8.2 Becton

 8.3 Dickinson and Company

 8.4 GE Healthcare 

 8.5 Biomerica, Inc.

 8.6 bioMerieux, Inc.      

 8.7 Novartis Diagnostics     

 8.8  Johnson & Johnson Diagnostics, Inc.    

 8.9 Olympus Corporation   

 8.10 Qiagen N.V.   

 8.11 Siemens AG   

 8.12 Thermo Fischer Scientific, Inc.

 8.13 Zenith Healthcare Ltd. 

9.Competitive Landscape    

  9.1 Market share analysis  

  9.2 Merger and Acquisition Analysis      

  9.3 Agreements, Collaborations, and Joint Ventures 

  9.4 New Product Launches 

10.Market Outlook and Investment Opportunities  

Appendix   

  a) List of Tables      

  b) List of Figures    

  • Regional and country-level analysis and forecasts of the study market; providing Insights on the major countries/regions in which this industry is blooming and to also identify the regions that are still untapped
  • The segment-level analysis in terms of technology, component, and type along with market size forecasts and estimations to detect key areas of industry growth in detail
  • Identification of key drivers, restraints, opportunities, and challenges (DROC) in the market and their impact on shifting market dynamics
  • Study of the effect of exogenous and endogenous factors that affect the global market; which includes broadly demographic, economics, and political, among other macro-environmental factors presented in an extensive PESTLE Analysis
  • Study the micro environment factors that determine the overall profitability of an Industry, using Porter’s five forces analysis for analysing the level of competition and business strategy development
  • A comprehensive list of key market players along with their product portfolio, current strategic interests, key financial information, legal issues, SWOT analysis and analyst overview to study and sustain the market environment
  • Competitive landscape analysis listing out the mergers, acquisitions, collaborations in the field along with new product launches, comparative financial studies and recent developments in the market by the major companies
  • An executive summary, abridging the entire report in such a way that decision-making personnel can rapidly become acquainted with background information, concise analysis and main conclusions
  • Expertly devised analyst overview along with Investment opportunities to provide both individuals and organizations a strong financial foothold in the market
  1. Europe Medical Device Technology Market By Type, From 2020-2025 ( USD Billion )
  2. Europe Electro Medical Equipment Market By Region, From 2020-2025 ( USD Billion )
  3. Europe Irradiation Apparatus Market By Region, From 2020-2025 ( USD Billion )
  4. Europe Dental Equipment and Supplies Market By Region, From 2020-2025 ( USD Billion )
  5. Europe Medical Device Technology Market By End User, From 2020-2025 ( USD Billion )
  6. Europe Clinics & Hospitals Market By Region, From 2020-2025 ( USD Billion )
  7. Europe Medical Device Industries Market By Region, From 2020-2025 ( USD Billion )
  8. Europe Research & Pharmaceutical Entities Market By Region, From 2020-2025 ( USD Billion )
  9. U.K. Medical Device Technology Market By Type, From 2020-2025 ( USD Billion )
  10. U.K. Medical Device Technology Market By End User, From 2020-2025 ( USD Billion )
  11. Germany Medical Device Technology Market By Type, From 2020-2025 ( USD Billion )
  12. Germany Medical Device Technology Market By End User, From 2020-2025 ( USD Billion )
  13. France Medical Device Technology Market By Type, From 2020-2025 ( USD Billion )
  14. France Medical Device Technology Market By End User, From 2020-2025 ( USD Billion )
  15. Italy Medical Device Technology Market By Type, From 2020-2025 ( USD Billion )
  16. Italy Medical Device Technology Market By End User, From 2020-2025 ( USD Billion )
  17. Spain Medical Device Technology Market By Type, From 2020-2025 ( USD Billion )
  18. Spain Medical Device Technology Market By End User, From 2020-2025 ( USD Billion )

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