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Medical Electronics Market Worth $372.4 Billion Globally by 2018

by Jasmine Pennic 12/19/2013 1 Comment

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The medical electronics market is currently is expected to reach $372.4 billion by 2018, according to a new market report published by ReportLinker.  Along with the fast growth and rapid advancement in technology related to healthcare industry, the medical electronics expectations have increased innovatively for large numbers of incurable disease.

Among the sector leaders, medical therapeutics and imaging systems together account for approximately 52.9% of the market and will continue to drive the medical electronics industry in 2013 and beyond.

The report ‘Medical Electronics – Global Trends, Estimates and Forecasts, 2011-2018’ reviews the latest medical electronics market trends with a perceptive attempt to disclose the near-future growth prospects. An in-depth analysis on a geographic basis provides strategic business intelligence for electronics sector investments. The study reveals profitable investment strategies for electronics companies, business executives, product marketing managers, new business investors and many more in preferred locations (Yahoo Finance, 12/17).

The report primarily focuses on: 
• Emerging Market Trends
• Advancements in the Technological Space
• Market Demand of the Segments (By-Region)
• Key Growth Areas and Market Size
• Region-Wise Demand Factor
• Key Competitors Edge
• Investment Strategies

Key Industry Activities include:

•  St. Jude’s remote monitoring system acquires FDA sanction

• Ambio displays remote health monitoring system

• Microsemi’s latest RF modules speed time-to-market for implantable…

• Biotronik Home Monitoring® reduces inappropriate ICD shocks by 52%

• Cardiomems to create wireless sensors based patient-monitoring device

• Thoratec reports approval for Heartmate ii in Japan

• GE’s automated function imaging for daily clinical use.

• Sorin group announces first Paradym™ RF implant and Smartview

• GE healthcare develops solutions to enhance the CT applications

• Merit Medical signs agreement to acquire Thomas Medical Products

• Cook Medical signs contract with Novation for Peripheral Vascular

• Sorin Group acquires Neurotech

• Asahi Kasei Zoll a Japanese subsidiary established by Zoll Medical

• C.R. Bard acquires Neomend

• Biotronik launches implantable Biomonitor

• Covidien launches Sonicision™ Cordless Ultrasonic Dissection Device

• Sorin Group acquires SFDA sanction

• FDA sanctions Remote Cardiac Arrhythmia Monitor

For more information on the report, click here

Featured image credit: samsungtomorrow via cc

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Tagged With: Medical Electronics

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