Medical Electronics Market by Component (Sensors, Batteries, MPUs, Displays, Memory Chips), Equipment (Diagnostic and imaging, Patient Monitoring, Medical implantable, Ventilators & RGM, Medical Robots) Device Classification - Global Forecast to 2029
The global medical electronics market is expected to be valued at USD 11.1 billion in 2024 and is projected to reach USD 15.7 billion by 2029; it is expected to grow at a CAGR of 7.2% from 2024 to 2029. Significant increases in healthcare expenditures across the globe are boosting the economic growth of the medical electronics market. The rising investment in advanced medical technologies and equipment for improving patient monitoring and diagnosis techniques propels the demand for medical devices. Due to the growth in the development of medical devices, there is a surge in the need for electronic components such as sensors, batteries, and integrated circuits, among others.
Scope of the Report
Years Considered for the Study
2020-2029
Base Year
2023
Forecast Period
2024-2029
Units Considered
Value (USD Billion)
Segments
By Component, Equipment, Device Classification and Region
Regions covered
North America, Europe, APAC, RoW
"Sensors are expected to exhibit the highest growth rate in the medical electronics market"
Medical sensors account for the highest CAGR in the medical electronics market, as these components play an essential role in sensing various vital parameters during medical procedures. Furthermore, the advancement in medical sensors, including MEMS-based sensors, is responsible for improving the accuracy of medical devices. Also, innovations in medical devices, such as AI and IoT-based connectivity, are expected to foster revenue growth in the medical electronics market. Sensors were used because of the growing demand for real-time health monitoring, driven by the increased prevalence of chronic diseases and the shift toward preventative healthcare. Furthermore, the rapid expansion of this category has been propelled by the proliferation of wearable health devices and remote patient monitoring systems that rely heavily on various sensors, including temperature, pressure, ECG, and glucose sensors.
"Patient monitoring devices segment based on device type to hold the largest share in the medical electronics market."
The patient monitoring devices segment in the medical electronics market accounts for the largest share. The increasing prevalence of several chronic diseases, such as cardiac, respiratory, diabetes, etc.., is creating the need for continuous monitoring during the treatment. The patient monitoring devices help to manage better and reduce health risks. Furthermore, technologically advanced medical devices are being adopted across multiple healthcare facilities. Also, trends such as telemedicine are fueling the demand for remote patient monitoring solutions. These factors are majorly driving the medical electronics market and impacting the growth of the patient monitoring devices segment positively.
"Based on medical procedures, the non-invasive procedures to dominate the medical electronics market"
Adopting non-invasive procedures holds a large share of the medical electronics market. These procedures have several advantages over invasive procedures, including less risk of surgery complications, reduced recovery time, and enhanced patient comfort. Moreover, advanced diagnostic and therapeutic medical equipment and devices such as imaging systems like MRI, CT scans, ultrasounds, blood glucose monitors, and wearable health monitors are expected to increase the adoption of non-invasive medical procedures among healthcare practitioners. These devices allow doctors to monitor patients continuously without surgical intervention. The increasing investments in feasible and innovative medical procedures fuel segmental growth in the medical electronics market over the forecast period.
"Hospitals & clinics segment to hold the largest share in the medical electronics market"
Based on medical facilities, the hospitals & clinics segment is dominating the medical electronics market. The growth of this segment is attributed to the influence of infrastructural investments in these facilities and the purchase of advanced medical equipment. Such medical equipment includes robotic surgery, patient monitoring, diagnostic imaging, and treatment equipment. These are the most essential equipment in hospitals and clinics and are frequently used. Furthermore, they must have high accuracy and precision in measuring physical parameters. Insufficiency in the maintenance of such equipment may pose a high risk to the patient's life. Due to these factors, the market share of hospitals and clinics in the medical electronics segment is expected to boost over the forecast period.
"North America region holds the largest share in the medical electronics market."
The North American region dominates the medical electronics market because as the healthcare infrastructure advances, new medical technologies are being adopted at a rapid rate in our country, enabling the invention of more improved devices used in the treatment of patients. These were established mainly because it has invested heavily in research and development to improve its medical devices and expanding health-wise expenditure. This has led to increased investments from both the public and private sectors into the healthcare systems and, therefore, further advancements made within this particular domain again. This has further led to age-group categories, with the highest percentage being over 60 years who require more medication prescriptions than younger people.
The study contains insights from various industry experts, from component suppliers to Tier 1 companies and OEMs. The break-up of the primaries is as follows:
By Company Type: Tier 1 - 26%, Tier 2 - 32%, and Tier 3 - 42%
By Designation: C-level Executives - 40%, Directors - 30%, and Others - 30%
By Region: North America - 35%, Europe - 30%, Asia Pacific - 25%, and RoW - 10%
The key players operating in the medical electronics market are Analog Devices, Inc. (US), TE Connectivity (Switzerland), Texas Instruments Incorporated (US), STMicroelectronics (Switzerland), and NXP Semiconductors (Netherlands) among others.
Research Coverage:
The research reports the Asset Integrity Management Market, by Component, (Sensors, Batteries, Displays, MPUs/MCUs, Memory Chips) by Medical Equipment/ Device Type (Diagnostic and Imaging Devices, Patient Monitoring Devices, Active Medical Implantable Devices, Ventilators and RGM equipment, Surgical Robotic Systems, Other Medical Equipment/ Device Types), by Medical Procedure (Non-invasive, Minimally Invasive, Invasive), by Medical Device Classification (Class I, Class II, Class III), by Medical Facility (Hospitals & Clinics, Nursing Homes, Assisted Living Facilities, Long-term Care Centers, and Home Health Care Settings, Other Medical Facilities) and Region (North America, Europe, Asia Pacific, and Rest of the world (RoW)). The scope of the report covers detailed information regarding the major factors, such as drivers, restraints, challenges, and opportunities, influencing the growth of the medical electronics market. A thorough analysis of the key industry players has been done to provide insights into their business overviews, products, key strategies, Contracts, partnerships, and agreements. New product launches, mergers and acquisitions, and recent medical electronics market developments. This report covers a competitive analysis of upcoming startups in the medical electronics market ecosystem.
Key Benefits of Buying the Report
Analysis of key drivers (Global rise in elderly population, Increasing healthcare expenditure, Emergence of IoT-enabled medical devices, Growing popularity of portable and wearable medical electronics), restraints (Low internet penetration in developing countries, High development costs associated with medical electronics), opportunities (Proliferation of smart medical devices with advanced sensors, Growing investments in healthcare sector in developing countries, Integration of robots into surgical procedures, Increasing popularity of telemedicine), and challenges (Regulatory barriers due to multi-layered laws, Susceptibility to hacking and cyber threats) influencing the growth of the medical electronics market.
Product Development/Innovation: Detailed insights on upcoming technologies, research & development activities, and new product launches in the medical electronics market
Market Development: Comprehensive information about lucrative markets - the report analyses the medical electronics market across varied regions.
Market Diversification: Exhaustive information about new products, untapped geographies, recent developments, and investments in the medical electronics market
Competitive Assessment: In-depth assessment of market shares, growth strategies, and service offerings of leading players like Analog Devices, Inc. (US), TE Connectivity (Switzerland), Texas Instruments Incorporated (US), STMicroelectronics (Switzerland), and NXP Semiconductors (Netherlands) among others in the medical electronics market.
TABLE OF CONTENTS
1 INTRODUCTION
1.1 STUDY OBJECTIVES
1.2 MARKET DEFINITION
1.3 STUDY SCOPE
1.3.1 MARKETS COVERED
FIGURE 1 MEDICAL ELECTRONICS MARKET SEGMENTATION
1.3.2 INCLUSIONS AND EXCLUSIONS
1.3.3 REGIONAL SCOPE
1.3.4 YEARS CONSIDERED
1.4 CURRENCY CONSIDERED
1.5 UNITS CONSIDERED
1.6 LIMITATIONS
1.7 STAKEHOLDERS
1.8 SUMMARY OF CHANGES
1.9 RECESSION IMPACT
2 RESEARCH METHODOLOGY
2.1 RESEARCH APPROACH
FIGURE 2 MEDICAL ELECTRONICS MARKET: RESEARCH DESIGN
2.1.1 SECONDARY AND PRIMARY RESEARCH
2.1.2 SECONDARY DATA
2.1.2.1 List of major secondary sources
2.1.2.2 Key data from secondary sources
2.1.3 PRIMARY DATA
2.1.3.1 Intended participants and key opinion leaders in primary interviews
2.1.3.2 Breakdown of primaries
2.1.3.3 Key data from primary sources
2.1.3.4 Key industry insights
2.1.3.5 List of key primary interview participants
2.2 MARKET SIZE ESTIMATION METHODOLOGY
FIGURE 3 MEDICAL ELECTRONICS MARKET SIZE ESTIMATION METHODOLOGY
2.2.1 BOTTOM-UP APPROACH
2.2.1.1 Approach to estimate market size using bottom-up analysis (demand side)
7.3.2.1.1 Pressing need to monitor arrhythmias and heart attacks to drive market
7.3.2.2 Heart rate monitors
7.3.2.2.1 Increasing emphasis on fitness and wellness to boost demand
7.3.2.3 Doppler monitors
7.3.2.3.1 Rising demand for non-invasive diagnostic tools to fuel segmental growth
7.3.3 HEMODYNAMIC MONITORS
TABLE 57 PATIENT MONITORING DEVICES: MEDICAL ELECTRONICS MARKET FOR HEMODYNAMIC MONITORS, BY TYPE, 2020-2023 (USD MILLION)
TABLE 58 PATIENT MONITORING DEVICES: MEDICAL ELECTRONICS MARKET FOR HEMODYNAMIC MONITORS, BY TYPE, 2024-2029 (USD MILLION)
7.3.3.1 Blood pressure monitors
7.3.3.1.1 Increasing demand for wearable blood pressure monitors and smartphone-compatible devices to drive market
7.3.3.2 Blood gas monitors
7.3.3.2.1 Rising incidence of respiratory diseases to fuel market growth
7.3.4 RESPIRATORY MONITORS
TABLE 59 PATIENT MONITORING DEVICES: MEDICAL ELECTRONICS MARKET FOR RESPIRATORY MONITORS, BY TYPE, 2020-2023 (USD MILLION)
TABLE 60 PATIENT MONITORING DEVICES: MEDICAL ELECTRONICS MARKET FOR RESPIRATORY MONITORS, BY TYPE, 2024-2029 (USD MILLION)
7.3.4.1 Pulse oximeters
7.3.4.1.1 Rising demand for smartphone-compatible and wearable pulse oximeters to boost demand
7.3.4.2 Sleep apnea monitors
7.3.4.2.1 Growing demand for portable and user-friendly monitors to drive market
7.3.4.3 Anesthesia monitors
7.3.4.3.1 Rising demand to reduce complexity of surgical procedures to boost demand
7.3.5 MULTI-PARAMETER MONITORING DEVICES
7.3.5.1 Expanding geriatric population with chronic diseases to drive market
7.3.6 NEUROMONITORING DEVICES
7.3.6.1 Ability to provide real-time data on brain activity, spinal cord function, and peripheral nerve integrity to drive market
7.3.7 DIGITAL THERMOMETERS
7.3.7.1 Growing demand for non-contact and infrared thermometers to fuel market growth
7.4 ACTIVE MEDICAL IMPLANTABLE DEVICES
7.4.1 SURGING DEMAND FOR PACEMAKERS AND SPINAL CORD STIMULATORS TO DRIVE SEGMENTAL GROWTH
TABLE 61 ACTIVE MEDICAL IMPLANTABLE DEVICES: MEDICAL ELECTRONICS MARKET, BY COMPONENT, 2020-2023 (USD MILLION)
TABLE 62 ACTIVE MEDICAL IMPLANTABLE DEVICES: MEDICAL ELECTRONICS MARKET, BY COMPONENT, 2024-2029 (USD MILLION)
7.5 VENTILATORS AND RGM EQUIPMENT
7.5.1 INCREASING PREVALENCE OF RESPIRATORY DISEASES TO BOOST DEMAND
TABLE 63 VENTILATORS AND RGM EQUIPMENT: MEDICAL ELECTRONICS MARKET, BY COMPONENT, 2020-2023 (USD MILLION)
TABLE 64 VENTILATORS AND RGM EQUIPMENT: MEDICAL ELECTRONICS MARKET, BY COMPONENT, 2024-2029 (USD MILLION)
7.6 SURGICAL ROBOTIC SYSTEMS
7.6.1 RISING DEMAND FOR REAL-TIME DECISION SUPPORT AND PREDICTIVE ANALYTICS TO DRIVE MARKET
TABLE 65 SURGICAL ROBOTIC SYSTEMS: MEDICAL ELECTRONICS MARKET, BY COMPONENT, 2020-2023 (USD MILLION)
TABLE 66 SURGICAL ROBOTIC SYSTEMS: MEDICAL ELECTRONICS MARKET, BY COMPONENT, 2024-2029 (USD MILLION)
7.7 OTHER MEDICAL EQUIPMENT/DEVICE TYPES
TABLE 67 OTHER MEDICAL EQUIPMENT/DEVICE TYPES: MEDICAL ELECTRONICS MARKET, BY COMPONENT, 2020-2023 (USD MILLION)
TABLE 68 OTHER MEDICAL EQUIPMENT/DEVICE TYPES: MEDICAL ELECTRONICS MARKET, BY COMPONENT, 2024-2029 (USD MILLION)
8 MEDICAL ELECTRONICS MARKET, BY MEDICAL PROCEDURE
8.1 INTRODUCTION
FIGURE 42 NON-INVASIVE SEGMENT TO DOMINATE MEDICAL ELECTRONICS MARKET DURING FORECAST PERIOD
TABLE 69 MEDICAL ELECTRONICS MARKET, BY MEDICAL PROCEDURE, 2020-2023 (USD MILLION)
TABLE 70 MEDICAL ELECTRONICS MARKET, BY MEDICAL PROCEDURE, 2024-2029 (USD MILLION)
8.2 NON-INVASIVE
8.2.1 INCREASING DEMAND FOR TELEHEALTH AND REMOTE PATIENT MONITORING TO FUEL SEGMENTAL GROWTH
8.3 MINIMALLY INVASIVE
8.3.1 RISING AWARENESS OF ADVANCED IMAGING AND MONITORING TECHNOLOGIES TO DRIVE MARKET
8.4 INVASIVE
8.4.1 ADVENT OF INTERNET OF MEDICAL THINGS TO OFFER LUCRATIVE GROWTH OPPORTUNITIES
9 MEDICAL ELECTRONICS MARKET, BY MEDICAL DEVICE CLASSIFICATION
9.1 INTRODUCTION
FIGURE 43 CLASS II SEGMENT TO DOMINATE MARKET DURING FORECAST PERIOD
TABLE 71 MEDICAL ELECTRONICS MARKET, BY MEDICAL DEVICE CLASSIFICATION, 2020-2023 (USD MILLION)
TABLE 72 MEDICAL ELECTRONICS MARKET, BY MEDICAL DEVICE CLASSIFICATION, 2024-2029 (USD MILLION)
9.2 CLASS I
9.2.1 GROWING SHIFT TOWARD HOME-BASED CARE MODELS TO DRIVE MARKET
9.3 CLASS II
9.3.1 IMPROVED SENSOR TECHNOLOGIES AND CONNECTIVITY FEATURES TO FUEL SEGMENTAL GROWTH
9.4 CLASS III
9.4.1 GROWING INCIDENCES OF CARDIOVASCULAR DISEASES AND CANCER TO DRIVE SEGMENTAL GROWTH
10 MEDICAL ELECTRONICS MARKET, BY MEDICAL FACILITY
10.1 INTRODUCTION
FIGURE 44 HOSPITALS & CLINICS SEGMENT TO LEAD MARKET IN 2024
TABLE 73 MEDICAL ELECTRONICS MARKET, BY MEDICAL FACILITY, 2020-2023 (USD MILLION)
TABLE 74 MEDICAL ELECTRONICS MARKET, BY MEDICAL FACILITY, 2024-2029 (USD MILLION)
10.2 HOSPITALS & CLINICS
10.2.1 INCREASING DATA GENERATION WITH EXPANDING NUMBER OF PATIENTS TO FUEL MARKET GROWTH
TABLE 75 HOSPITALS & CLINICS: MEDICAL ELECTRONICS MARKET, BY REGION, 2020-2023 (USD MILLION)
TABLE 76 HOSPITALS & CLINICS: MEDICAL ELECTRONICS MARKET, BY REGION, 2024-2029 (USD MILLION)
10.3 NURSING HOMES, ASSISTED LIVING FACILITIES, LONG-TERM CARE CENTERS, AND HOME CARE SETTINGS
10.3.1 PRESSING NEED FOR CONTINUOUS CARE AND MONITORING TO MANAGE CHRONIC CONDITIONS TO DRIVE MARKET
TABLE 77 NURSING HOMES, ASSISTED LIVING FACILITIES, LONG-TERM CARE CENTERS, AND HOME CARE SETTINGS: MEDICAL ELECTRONICS MARKET, BY REGION, 2020-2023 (USD MILLION)
TABLE 78 NURSING HOMES, ASSISTED LIVING FACILITIES, LONG-TERM CARE CENTERS, AND HOME CARE SETTINGS: MEDICAL ELECTRONICS MARKET, BY REGION, 2024-2029 (USD MILLION)
10.4 OTHER MEDICAL FACILITIES
TABLE 79 OTHER MEDICAL FACILITIES: MEDICAL ELECTRONICS MARKET, BY REGION, 2020-2023 (USD MILLION)
TABLE 80 OTHER MEDICAL FACILITIES: MEDICAL ELECTRONICS MARKET, BY REGION, 2024-2029 (USD MILLION)
11 MEDICAL ELECTRONICS MARKET, BY REGION
11.1 INTRODUCTION
FIGURE 45 ASIA PACIFIC TO REGISTER HIGHEST CAGR DURING FORECAST PERIOD
TABLE 81 MEDICAL ELECTRONICS MARKET, BY REGION, 2020-2023 (USD MILLION)
TABLE 82 MEDICAL ELECTRONICS MARKET, BY REGION, 2024-2029 (USD MILLION)
11.2 NORTH AMERICA
FIGURE 46 NORTH AMERICA: MEDICAL ELECTRONICS MARKET SNAPSHOT
TABLE 83 NORTH AMERICA: MEDICAL ELECTRONICS MARKET, BY COUNTRY, 2020-2023 (USD MILLION)
TABLE 84 NORTH AMERICA: MEDICAL ELECTRONICS MARKET, BY COUNTRY, 2024-2029 (USD MILLION)
TABLE 85 NORTH AMERICA: MEDICAL ELECTRONICS MARKET, BY MEDICAL FACILITY, 2020-2023 (USD MILLION)
TABLE 86 NORTH AMERICA: MEDICAL ELECTRONICS MARKET, BY MEDICAL FACILITY, 2024-2029 (USD MILLION)
TABLE 87 NORTH AMERICA: MEDICAL ELECTRONICS MARKET, BY COMPONENT, 2020-2023 (USD MILLION)
TABLE 88 NORTH AMERICA: MEDICAL ELECTRONICS MARKET, BY COMPONENT, 2024-2029 (USD MILLION)
11.2.1 US
11.2.1.1 Growing demand for advanced medical devices among expanding geriatric population to boost demand
11.2.2 CANADA
11.2.2.1 Increasing healthcare expenditure to drive market
11.2.3 MEXICO
11.2.3.1 Rising number of FDIs in healthcare sector to offer lucrative growth opportunities
11.2.4 IMPACT OF RECESSION ON MEDICAL ELECTRONICS MARKET IN NORTH AMERICA
11.3 EUROPE
FIGURE 47 EUROPE: MEDICAL ELECTRONICS MARKET SNAPSHOT
TABLE 89 EUROPE: MEDICAL ELECTRONICS MARKET, BY COUNTRY, 2020-2023 (USD MILLION)
TABLE 90 EUROPE: MEDICAL ELECTRONICS MARKET, BY COUNTRY, 2024-2029 (USD MILLION)
TABLE 91 EUROPE: MEDICAL ELECTRONICS MARKET, BY MEDICAL FACILITY, 2020-2023 (USD MILLION)
TABLE 92 EUROPE: MEDICAL ELECTRONICS MARKET, BY MEDICAL FACILITY, 2024-2029 (USD MILLION)
TABLE 93 EUROPE: MEDICAL ELECTRONICS MARKET, BY COMPONENT, 2020-2023 (USD MILLION)
TABLE 94 EUROPE: MEDICAL ELECTRONICS MARKET, BY COMPONENT, 2024-2029 (USD MILLION)
11.3.1 GERMANY
11.3.1.1 Growing popularity of wearable devices to boost demand
11.3.2 UK
11.3.2.1 Government-led scheme to develop healthcare sector to drive market
11.3.3 FRANCE
11.3.3.1 Growing healthcare expenditure fueling market growth in France
11.3.4 ITALY
11.3.4.1 Increasing investments in digital health solutions and telemedicine to offer lucrative growth opportunities
11.3.5 REST OF EUROPE
11.3.6 IMPACT OF RECESSION ON MEDICAL ELECTRONICS MARKET IN EUROPE
11.4 ASIA PACIFIC
FIGURE 48 ASIA PACIFIC: MEDICAL ELECTRONICS MARKET SNAPSHOT
TABLE 95 ASIA PACIFIC: MEDICAL ELECTRONICS MARKET, BY COUNTRY, 2020-2023 (USD MILLION)
TABLE 96 ASIA PACIFIC: MEDICAL ELECTRONICS MARKET, BY COUNTRY, 2024-2029 (USD MILLION)
TABLE 97 ASIA PACIFIC: MEDICAL ELECTRONICS MARKET, BY MEDICAL FACILITY, 2020-2023 (USD MILLION)
TABLE 98 ASIA PACIFIC: MEDICAL ELECTRONICS MARKET, BY MEDICAL FACILITY, 2024-2029 (USD MILLION)
TABLE 99 ASIA PACIFIC: MEDICAL ELECTRONICS MARKET, BY COMPONENT, 2020-2023 (USD MILLION)
TABLE 100 ASIA PACIFIC: MEDICAL ELECTRONICS MARKET, BY COMPONENT, 2024-2029 (USD MILLION)
11.4.1 CHINA
11.4.1.1 Growing adoption of artificial intelligence for imaging and diagnosis to drive market
11.4.2 JAPAN
11.4.2.1 Increasing adoption of IoT-based medical devices to propel market growth
11.4.3 INDIA
11.4.3.1 Rising investments from corporate hospital chains to drive market
11.4.4 SOUTH KOREA
11.4.4.1 Rising public-private collaborations to develop healthcare sector to boost demand
11.4.5 REST OF ASIA PACIFIC
11.4.6 IMPACT OF RECESSION ON MEDICAL ELECTRONICS MARKET IN ASIA PACIFIC
11.5 ROW
TABLE 101 ROW: MEDICAL ELECTRONICS MARKET, BY REGION, 2020-2023 (USD MILLION)
TABLE 102 ROW: MEDICAL ELECTRONICS MARKET, BY REGION, 2024-2029 (USD MILLION)
TABLE 103 ROW: MEDICAL ELECTRONICS MARKET, BY MEDICAL FACILITY, 2020-2023 (USD MILLION)
TABLE 104 ROW: MEDICAL ELECTRONICS MARKET, BY MEDICAL FACILITY, 2024-2029 (USD MILLION)
TABLE 105 ROW: MEDICAL ELECTRONICS MARKET, BY COMPONENT, 2020-2023 (USD MILLION)
TABLE 106 ROW: MEDICAL ELECTRONICS MARKET, BY COMPONENT, 2024-2029 (USD MILLION)
11.5.1 MIDDLE EAST
11.5.1.1 Government-led initiatives to develop medical infrastructure to boost demand
TABLE 107 MIDDLE EAST: MEDICAL ELECTRONICS MARKET, BY COUNTRY, 2020-2023 (USD MILLION)
TABLE 108 MIDDLE EAST: MEDICAL ELECTRONICS MARKET, BY COUNTRY, 2024-2029 (USD MILLION)
11.5.1.2 GCC
11.5.1.3 Rest of Middle East
11.5.2 AFRICA
11.5.2.1 Rise in local manufacturing of medical devices to drive market
11.5.3 SOUTH AMERICA
11.5.3.1 Increasing awareness and adoption of advanced medical devices to fuel market growth
11.5.4 IMPACT OF RECESSION ON MEDICAL ELECTRONICS MARKET IN ROW
12 COMPETITIVE LANDSCAPE
12.1 OVERVIEW
12.2 KEY PLAYER STRATEGIES/RIGHT TO WIN, 2020-2024
TABLE 109 KEY PLAYER STRATEGIES/RIGHT TO WIN, 2020-2024
12.3 MARKET SHARE ANALYSIS, 2023
FIGURE 49 MEDICAL ELECTRONICS MARKET SHARE ANALYSIS, 2023
TABLE 110 MEDICAL ELECTRONICS MARKET: DEGREE OF COMPETITION, 2023
12.4 REVENUE ANALYSIS, 2019-2023
FIGURE 50 REVENUE ANALYSIS OF TOP FIVE PLAYERS, 2019-2023
12.5 COMPANY VALUATION AND FINANCIAL METRICS, 2024
FIGURE 51 COMPANY VALUATION, 2024 (USD MILLION)
FIGURE 52 FINANCIAL METRICS (EV/EBITDA), 2024
12.6 PRODUCT/BRAND COMPARISON
FIGURE 53 PRODUCT/BRAND COMPARISON
12.7 COMPANY EVALUATION MATRIX: KEY PLAYERS, 2023
12.7.1 STARS
12.7.2 EMERGING LEADERS
12.7.3 PERVASIVE PLAYERS
12.7.4 PARTICIPANTS
FIGURE 54 MEDICAL ELECTRONICS MARKET: COMPANY EVALUATION MATRIX (KEY PLAYERS), 2023
12.7.5 COMPANY FOOTPRINT: KEY PLAYERS, 2023
12.7.5.1 Company footprint
FIGURE 55 MEDICAL ELECTRONICS MARKET: COMPANY FOOTPRINT
12.7.5.2 Component footprint
TABLE 111 MEDICAL ELECTRONICS MARKET: COMPONENT FOOTPRINT
12.7.5.3 Medical equipment/device type footprint
TABLE 112 MEDICAL ELECTRONICS MARKET: MEDICAL EQUIPMENT/DEVICE TYPE FOOTPRINT
12.7.5.4 Medical procedure footprint
TABLE 113 MEDICAL ELECTRONICS MARKET: MEDICAL PROCEDURE FOOTPRINT
12.7.5.5 Region footprint
TABLE 114 MEDICAL ELECTRONICS MARKET: REGION FOOTPRINT
12.8 COMPANY EVALUATION MATRIX: STARTUPS/SMES, 2023
12.8.1 PROGRESSIVE COMPANIES
12.8.2 RESPONSIVE COMPANIES
12.8.3 DYNAMIC COMPANIES
12.8.4 STARTING BLOCKS
FIGURE 56 MEDICAL ELECTRONICS MARKET: COMPANY EVALUATION MATRIX (STARTUPS/SMES), 2023