Global Electromedical Devices Market to reach USD 77.3 billion by 2027

Global Electromedical Devices Market Size study, by Device Type (Diagnostic Imaging Devices, Surgical Devices, Patient Assistive Devices, Others), by Application (Cardiovascular, Dental, Ophthalmology, Orthopedic, Others), by End-User (Hospitals, Clinics, Home Care Settings, Others) and Regional Forecasts 2020-2027
Product Code:  HALMD_48565882
Chapter 1.	Executive Summary 
1.1.	Market Snapshot
1.2.	Global & Segmental Market Estimates & Forecasts, 2018-2027 (USD Billion)
1.2.1.	Electromedical Devices Market, by Region, 2018-2027 (USD Billion)
1.2.2.	Electromedical Devices Market, by Device Type, 2018-2027 (USD Billion)
1.2.3.	Electromedical Devices Market, by Application, 2018-2027 (USD Billion)
1.2.4.	Electromedical Devices Market, by End-User, 2018-2027 (USD Billion)
1.3.	Key Trends
1.4.	Estimation Methodology
1.5.	Research Assumption
Chapter 2.	Global Electromedical Devices Market Definition and Scope 
2.1.	Objective of the Study
2.2.	Market Definition & Scope
2.2.1.	Scope of the Study
2.2.2.	Industry Evolution
2.3.	Years Considered for the Study
2.4.	Currency Conversion Rates
Chapter 3.	Global Electromedical Devices Market Dynamics	
3.1.	Electromedical Devices Market Impact Analysis (2018-2027)
3.1.1.	Market Drivers
3.1.2.	Market Challenges
3.1.3.	Market Opportunities
Chapter 4.	Global Electromedical Devices Market Industry Analysis
4.1.	Porter’s 5 Force Model
4.1.1.	Bargaining Power of Suppliers
4.1.2.	Bargaining Power of Buyers
4.1.3.	Threat of New Entrants
4.1.4.	Threat of Substitutes
4.1.5.	Competitive Rivalry
4.1.6.	Futuristic Approach to Porter’s 5 Force Model (2017-2027)
4.2.	PEST Analysis
4.2.1.	Political 
4.2.2.	Economical
4.2.3.	Social 
4.2.4.	Technological 
4.3.	Investment Adoption Model
4.4.	Analyst Recommendation & Conclusion
Chapter 5.	Global Electromedical Devices Market, by Device Type 
5.1.	Market Snapshot 
5.2.	Global Electromedical Devices Market by Device Type, Performance - Potential Analysis
5.3.	Global Electromedical Devices Market Estimates & Forecasts by Device Type 2017-2027 (USD Billion)
5.4.	Electromedical Devices Market, Sub Segment Analysis
5.4.1.	Diagnostic Imaging Devices
5.4.2.	Surgical Devices
5.4.3.	Patient Assistive Devices
5.4.4.	Others
Chapter 6.	Global Electromedical Devices Market, by Application          
6.1.	Market Snapshot 
6.2.	Global Electromedical Devices Market by Application, Performance - Potential Analysis
6.3.	Global Electromedical Devices Market Estimates & Forecasts by Application 2017-2027 (USD Billion)
6.4.	Electromedical Devices Market, Sub Segment Analysis
6.4.1.	Cardiovascular
6.4.2.	Dental
6.4.3.	Ophthalmology
6.4.4.	Orthopedic
6.4.5.	Others
Chapter 7.	Global Electromedical Devices Market, by End-User
7.1.	Market Snapshot 
7.2.	Global Electromedical Devices Market by End-User - Potential Analysis
7.3.	Global Electromedical Devices Market Estimates & Forecasts by End-User 2017-2027 (USD Billion)
7.4.	Electromedical Devices Market, Sub Segment Analysis
7.4.1.	Hospitals
7.4.2.	Clinics
7.4.3.	Home Care Settings
7.4.4.	Others
Chapter 8.	Global Electromedical Devices Market, Regional Analysis
8.1.	Electromedical Devices Market, Regional Market Snapshot 
8.2.	North America Electromedical Devices Market 
8.2.1.	U.S. Electromedical Devices Market	Device Type breakdown estimates & forecasts, 2017-2027	Application breakdown estimates & forecasts, 2017-2027	End-User breakdown estimates & forecasts, 2017-2027
8.2.2.	Canada Electromedical Devices Market
8.3.	Europe Electromedical Devices Market Snapshot
8.3.1.	U.K. Electromedical Devices Market 
8.3.2.	Germany Electromedical Devices Market
8.3.3.	France Electromedical Devices Market
8.3.4.	Spain Electromedical Devices Market
8.3.5.	Italy Electromedical Devices Market
8.3.6.	Rest of Europe Electromedical Devices Market
8.4.	Asia-Pacific Electromedical Devices Market Snapshot
8.4.1.	China Electromedical Devices Market 
8.4.2.	India Electromedical Devices Market 
8.4.3.	Japan Electromedical Devices Market
8.4.4.	Australia Electromedical Devices Market
8.4.5.	South Korea Electromedical Devices Market
8.4.6.	Rest of Asia Pacific Electromedical Devices Market
8.5.	Latin America Electromedical Devices Market Snapshot
8.5.1.	Brazil Electromedical Devices Market
8.5.2.	Mexico Electromedical Devices Market
8.6.	Rest of The World Electromedical Devices Market
Chapter 9.	Competitive Intelligence
9.1.	Top Market Strategies
9.2.	Company Profiles
9.2.1.	Medtronic plc	Key Information	Overview	Financial (Subject to Data Availability)	Product Summary	Recent Developments
9.2.2.	GE Healthcare
9.2.3.	B. Braun Melsungen AG
9.2.4.	Siemens AG
9.2.5.	Koninklijke Philips N.V.
9.2.6.	Cardinal Health, Inc.
9.2.7.	Zimmer Biomet
9.2.8.	Abbott Laboratories
9.2.9.	Stryker Corporation
9.2.10.	3M
Chapter 10.	Research Process
10.1.	Research Process
10.1.1.	Data Mining
10.1.2.	Analysis
10.1.3.	Market Estimation
10.1.4.	Validation
10.1.5.	Publishing
10.2.	Research Attributes
10.3.	Research Assumption

Global Electromedical Devices Market is valued at approximately USD 44.3 billion in 2019 and is anticipated to grow with a healthy growth rate of more than 7.2% over the forecast period 2020-2027. Electromedical devices are a type of medical device that can be used in healthcare practices, including therapeutic use (such as laser, surgical instruments, and other associated devices) and diagnostic use (such as monitoring devices, imaging equipment, and others). These devices typically used in the diagnosis and surgical procedures associated with dental, cardiovascular diseases, ophthalmology, and several associated disease indications. Therefore, a rise in the prevalence of diseases such as cardiovascular and dental, followed by the growing geriatric population worldwide are expected to drive the utility for electromedical devices around the world. According to the American Heart Association (AHA), in 2016, the number of deaths caused by cardiovascular diseases was estimated at around 17.6 million, and these deaths are expected to grow to almost 23.6 million by the year 2030. Also, as per the Center for Disease Control and Prevention (CDC), roughly 610,000 people died due to heart diseases, such as heart stroke, in the United States each year. Furthermore, the rise in research and development activities, technological development in the electromechanical device, and growing product approvals are the few factors responsible for the CAGR of the market during the forecast period. According to the Food and Drug Administration, in 2018, almost 106 electromechanical devices were approved that indicate an increase from 2017, which includes nearly 99 electromechanical devices approval. This, in turn, is expected to strengthen the market growth all over the world. Although, the recent outbreak of the COVID-19 crisis has led to rise in utility & adoption for electromedical devices, as these devices help in screening and monitoring of patients with novel coronavirus infections. Therefore, this factor can create lucrative opportunities for the electromedical device market in the forthcoming years. However, the high cost of the advanced electromechanical devices and high technical configuration are the major factors restraining the market growth over the forecast period of 2020-2027.

The regional analysis of the global Electromedical Devices market is considered for the key regions such as Asia Pacific, North America, Europe, Latin America, and Rest of the World. North America is the leading/significant region across the world in terms of market share owing to the early adoption of technological electromechanical device, and the presence of a significant number of medical device manufacturers in the region. Whereas Asia-Pacific is anticipated to exhibit the highest growth rate / CAGR over the forecast period 2020-2027. Factors such as the rising prevalence of dental and cardiovascular diseases and improving healthcare infrastructure would create lucrative growth prospects for the Electromedical Devices market across the Asia-Pacific region.

Major market player included in this report are:
Medtronic plc
GE Healthcare
B. Braun Melsungen AG
Siemens AG
Koninklijke Philips N.V.
Cardinal Health, Inc.
Zimmer Biomet
Abbott Laboratories
Stryker Corporation

The objective of the study is to define market sizes of different segments & countries in recent years and to forecast the values to the coming eight years. The report is designed to incorporate both qualitative and quantitative aspects of the industry within each of the regions and countries involved in the study. Furthermore, the report also caters the detailed information about the crucial aspects such as driving factors & challenges which will define the future growth of the market. Additionally, the report shall also incorporate available opportunities in micro markets for stakeholders to invest along with the detailed analysis of competitive landscape and product offerings of key players. The detailed segments and sub-segment of the market are explained below:

By Device Type:
Diagnostic Imaging Devices
Surgical Devices
Patient Assistive Devices

By Application:

By End-User:
Home Care Settings

By Region:
North America

Asia Pacific
South Korea
Latin America
Rest of the World

Furthermore, years considered for the study are as follows:

Historical year – 2017, 2018
Base year – 2019
Forecast period – 2020 to 2027

Target Audience of the Global Electromedical Devices Market in Market Study:

Key Consulting Companies & Advisors
Large, medium-sized, and small enterprises
Venture capitalists
Value-Added Resellers (VARs)
Third-party knowledge providers
Investment bankers

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