Medical Electronics Market

Medical Electronics Market by Component (Sensors, MCUs/MPUs, Displays, Memory Devices, Batteries), Application (Patient Monitoring, Diagnostic Imaging, Medical Implants), Product (Invasive, Non-Invasive), and Region - Global Forecast to 2025

Report Code: SE 2742 Sep, 2019, by marketsandmarkets.com
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[256 Pages Report] The medical electronics market is estimated to be worth USD 5.1 billion in 2019 and is projected to reach USD 6.6 billion by 2025, at a CAGR of 4.6% from 2019 to 2025. The medical electronics industry is expected to witness strong growth in the next six years mainly due to the rising incidents of chronic diseases; increasing adoption of medical imaging, monitoring, and implantable devices; rising expenditure on healthcare across the world; and a growing elderly population.

Medical Electronics Market

“Medical electronics market for batteries is expected to hold the largest share during the forecast period.”

Increasing demand for high power portable medical devices, such as cardiac monitors, respiratory monitors, hemodynamic monitors, and implantable devices, is the major factor accelerating the growth of batteries in the medical electronics market. As most of the medical devices are being computerized for better diagnosis and monitoring, the number of battery-powered medical devices is proliferating. Unexpected failure or depletion of the battery can stop the device from functioning properly and preventing it from delivering a lifesaving therapy. Therefore, there is a huge demand for safe and reliable batteries for medical devices.

“Non-invasive medical devices are expected to hold the largest market share from 2019 to 2025.”

Factors such as the rising government subsidies on medical devices, increasing adoption of IoT-based medical devices, surging demand for digital radiography systems, and growing use of flat-panel detectors (FPDs) contribute to the augmented demand for non-invasive products in the medical electronics market.

“Patient monitoring application is expected to hold the largest market share from 2019 to 2025”

Factors such as the easy availability of wireless monitoring devices and the rising incidence of lifestyle and chronic diseases are expected to drive market growth during the forecast period. The growing demand for patient monitoring devices in non-hospital settings is also expected to provide a range of growth opportunities for players in the market. The integration of patient monitoring technologies in smartphones and wireless devices is a critical trend for patient care, resulting in increasing adoption of patient remote monitoring systems, mobile cardiac telemetry devices, mobile personal digital assistant (PDA) systems, ambulatory wireless EEG recorders, and ambulatory event monitors.

Medical Electronics Market

“Americas to account for the largest market share from 2019 to 2025.”

The Americas accounted for the largest share of the global medical electronics market in 2018. Factors such as the rise in the geriatric population, presence of advanced healthcare infrastructure, and high healthcare expenditure are supporting the growth of the market in the Americas. The medical electronic market has seen tremendous growth in terms of technological advancements, increased healthcare expenditure as a percentage of total GDP, and integration of health information technology (IT) into primary care. The region is home to a few of the leading medical devices and medical electronics and medical devices companies in the world, such as Johnson & Johnson (US), General Electric (US), Medtronic (US), and Cardinal Health Inc. (US), offering medical electronics. The region provides an ideal environment for innovation, which has facilitated massive advancements in medical technology.

Key Market Players

The major players in medical electronics market are Analog Devices (US), Texas Instrument (US), TE Connectivity (Switzerland), Medtronics Plc (Ireland), ST Microelectronics (Switzerland), NXP Semiconductors (Netherlands), (US), Maxim Integrated Products (US), ON Semiconductor (US), Renesas Electronics Corporation (Japan), Microchip Technology (US), Tekscan, (US), Monebo (US), Cirtec Medical (US), First Sensor (Germany), Sensirion (Switzerland), Innovative Sensor Technology (Switzerland), Keller America (US), and Merit Medical Systems (US).

Report Scope

Report Metric

Details

Market size available for years

2016-2025

  Base year considered

2018

  Forecast period

2019-2025

  Forecast units

Value (USD)

  Segments covered

Component, Product, Application, and Geography

  Geographies covered

Americas, Europe, APAC, and RoW

  Companies covered

 

Total 20 major players covered:– Analog Devices (US), Texas Instrument (US), TE Connectivity (Switzerland), Medtronics Plc (Ireland), ST Microelectronics (Switzerland), NXP Semiconductors (Netherlands), (US), Maxim Integrated Products (US), ON Semiconductor (US), Renesas Electronics Corporation (Japan), Microchip Technology (US), Tekscan, (US), Monebo (US), Cirtec Medical (US), First Sensor (Germany), Sensirion (Switzerland), Innovative Sensor Technology (Switzerland), Keller America (US), Biovision Technology (US), and Merit Medical Systems (US).

The medical electronics market comprises technology providers such as Texas Instrument (US), TE Connectivity (Switzerland), Medtronics Plc (Ireland), ST Microelectronics (Switzerland), NXP Semiconductors (Netherlands), (US), Maxim Integrated Products (US), ON Semiconductor (US), Renesas Electronics Corporation (Japan), Microchip Technology (US), Tekscan, (US), Monebo (US), Cirtec Medical (US), and First Sensor (Germany).

The report also describes the drivers, restraints, opportunities, and challenges for the growth of the medical electronics market. In addition to the in-depth view on market segmentation, the report includes critical market data and qualitative information for each type, along with qualitative analysis, such as value chain analysis, market ranking analysis, and competitive situations and trends. The report targets technology providers, software and service providers, system integrators, and end-user industries.

Report Scope

The medical electronics market has been covered in detail in this report. To provide a holistic picture, the current market demand and forecasts have also been included in the report. This market has been segmented as below:

By Application

  • Patient Monitoring
  • Diagnostic Radiology
  • Medical Implants and Endoscopy

By Component

  • Sensors
  • Batteries
  • Memory Devices
  • Displays
  • Microcontrollers Microprocessors/ (MCUs/MPUs)

By Product Type

  • Non-invasive
  • Invasive

By Region

  • Americas
  • Europe
  • APAC
  • RoW

Critical questions the report answers:

  • Where will all these developments take the industry in the mid to long term?
  • What are the upcoming industry applications of medical electronics?
  • Who are the important players in the medical electronic market?
  • What are the upcoming products and technologies in the medical electronic market?
  • What are the major drivers, restraints, opportunities, and challenges for the medical electronic market?

To speak to our analyst for a discussion on the above findings, click Speak to Analyst

Table of Contents

1 Introduction (Page No. - 24)
    1.1 Study Objectives
    1.2 Market Definition
    1.3 Study Scope
           1.3.1 Markets Covered
           1.3.2 Years Considered
    1.4 Currency
    1.5 Limitations
    1.6 Stakeholders

2 Research Methodology (Page No. - 28)
    2.1 Research Data
           2.1.1 Secondary Data
                    2.1.1.1 List of Major Secondary Sources
                    2.1.1.2 Secondary Sources
           2.1.2 Primary Data
                    2.1.2.1 Primary Interviews With Experts
                    2.1.2.2 Breakdown of Primaries
                    2.1.2.3 Key Data From Primary Sources
           2.1.3 Secondary and Primary Research
                    2.1.3.1 Key Industry Insights
    2.2 Market Size Estimation
           2.2.1 Bottom-Up Approach
                    2.2.1.1 Approach for Capturing Market Size By Bottom-Up Analysis (Demand Side)
           2.2.2 Top-Down Approach
                    2.2.2.1 Approach for Capturing Market Size By Top-Down Analysis (Supply Side)
    2.3 Market Breakdown and Data Triangulation
    2.4 Research Assumptions

3 Executive Summary (Page No. - 38)

4 Premium Insights (Page No. - 42)
    4.1 Medical Electronics Market Growth (2019–2025)
    4.2 Market, By Component
    4.3 Market, By Product Type
    4.4 Market, By Application
    4.5 Market in APAC, By Component and Country

5 Market Overview (Page No. - 45)
    5.1 Market Dynamics
           5.1.1 Drivers
                    5.1.1.1 Aging Population and Increasing Life Expectancy Throughout the World
                    5.1.1.2 Rising Healthcare Spending and Ever-Changing Healthcare Landscape
                    5.1.1.3 Increasing Adoption of IoT-Based Smart Medical Devices
                    5.1.1.4 Escalating Demand for Portable Medical Devices and Wearable Electronics
                    5.1.1.5 Growing Use of Radiation Therapy in Diagnosis and Treatment of Diseases
           5.1.2 Restraints
                    5.1.2.1 Designing Compatible Medical Electronics
                    5.1.2.2 High Maintenance and Refurbishment Costs of Medical Electronics
           5.1.3 Opportunities
                    5.1.3.1 Developing Countries to Offer Significant Growth Opportunity
                    5.1.3.2 Advances in Sensors and Digital Technologies to Create New Opportunities
           5.1.4 Challenges
                    5.1.4.1 Stringent Regulatory Processes and Increased Testing Requirements for Product Approval
                    5.1.4.2 Cybersecurity Risks Posed By Proliferation of Connected Medical Devices
           5.1.5 Regulatory Trends for Medical Electronics in Different Regions
                    5.1.5.1 North America
                               5.1.5.1.1 US
                               5.1.5.1.2 Canada
                    5.1.5.2 Europe
                    5.1.5.3 APAC
                               5.1.5.3.1 Japan
                               5.1.5.3.2 China

6 Industry Trends (Page No. - 57)
    6.1 Value Chain Analysis
    6.2 Key Industry Trends
           6.2.1 IoT-Based Medical Devices
           6.2.2 Advent of AI-Based Smart Medical Devices

7 Medical Electronics Market, By Component (Page No. - 60)
    7.1 Introduction
    7.2 Sensors
           7.2.1 Temperature Sensors
                    7.2.1.1 Increasing Adoption of Temperature Sensors in Anesthesia Delivery Machines, Sleep Apnea Machines, and Digital Thermometers to Accelerate Market Growth
           7.2.2 Pressure Sensors
                    7.2.2.1 Growing Demand for Pressure Sensors in Respiratory Devices and Drug Delivery Systems to Propel Market Growth
           7.2.3 Blood Glucose Sensors
                    7.2.3.1 Rising Deployment of Blood Glucose Sensors in Continuous Glucose Monitoring (CGM) Systems to Boost Market Growth
           7.2.4 Blood Oxygen Sensors
                    7.2.4.1 Surging Implementation of Blood Oxygen Sensors in Hemodynamic Monitors to Augment Market Growth
           7.2.5 Ecg Sensors
                    7.2.5.1 Escalating Demand for Cardiovascular Medical Devices to Propel Demand for Ecg Sensors
           7.2.6 Image Sensors
                    7.2.6.1 Accelerating Employment of Digital X-Ray, Laboratory Equipment, and Advanced Endoscopy Products to Fuel Demand for Image Sensors
           7.2.7 Motion Sensors
                    7.2.7.1 Ongoing Technological Advancement in Mems Sensors to Bolster Demand for Motion Sensors
           7.2.8 Heart Rate Sensors
                    7.2.8.1 Increasing Adoption of Multi-Para Monitors and Personal Activity Monitors to Drive Heart Rate Sensors Market
           7.2.9 Touch Sensors
                    7.2.9.1 Increasing Demand for Consumer Portable Healthcare Devices Equipped With Touchscreen and Touchpad Controllers to Accelerate Touch Sensors Market Growth
    7.3 Batteries
           7.3.1 Lithium-Ion (Li-Ion) Batteries
                    7.3.1.1 Inclination Toward Portable Medical Devices to Boost Demand for Lithium-Ion Batteries in Medical Electronics Market
           7.3.2 Lead Acid Batteries
                    7.3.2.1 Longer Battery Life and Higher Power Supply Offered By Lead Acid Batteries to Accelerate Their Demand for Use in Medical Electronics
           7.3.3 Zinc Air Batteries
                    7.3.3.1 Benefits Such as High Energy Density and Long Battery Life to Propel Growth of Market for Zinc Air Batteries
           7.3.4 Others
                    7.3.4.1 Nickel-Cadmium (NI-CD) Batteries
                    7.3.4.2 Nickel-Metal Hydride (NIMH) Batteries
                    7.3.4.3 Alkaline-Manganese Batteries
    7.4 Memory Devices
           7.4.1 Flash Memory
                    7.4.1.1 Rising Adoption of Flash Memory in Digital X-Ray, Sonogram, Ultrasound, Fetal Monitoring, Metering, Data Logging, Cardiac Monitoring Devices to Augment Their Demand
           7.4.2 Sdram
                    7.4.2.1 Growing Deployment of Sdram in Different Types of Medical Equipment Or Life Support Systems Fuels Growth of Sdram Market
           7.4.3 Eprom
                    7.4.3.1 Increasing Use of Portable Medical Devices Equipped With Non-Volatile Memory to Store Data Expected to Accelerate Market Growth
           7.4.4 Fram
                    7.4.4.1 Surging Demand for Implantable Medical Devices With Smaller Form Factor and Lower Power Consumption Driving Demand for Fram
    7.5 Displays
           7.5.1 Tft-Lcd Displays
                    7.5.1.1 Increasing Use of Digital Imaging Devices With Higher Resolution Displays to Boost Demand for Tft-Lcd Displays
           7.5.2 OLED Displays
                    7.5.2.1 Growing Use of OLED Displays Owing to Their Benefits Such as High Resolution and Minimum Motion Blur to Fuel Market Growth
           7.5.3 LED Displays
                    7.5.3.1 Rising Adoption of LED Displays in Diagnostic and Surgical Medical Equipment to Support Market Growth
    7.6 Microprocessors/Microcontrollers
           7.6.1 Microprocessor Units
                    7.6.1.1 Decreasing Cost of Microprocessors to Fuel Adoption of MPUs
           7.6.2 Microcontroller Units
                    7.6.2.1 Rising Demand for Portable Medical Devices to Trigger Growth of Market for Microcontrollers
           7.6.3 Application-Specific Integrated Circuits
                    7.6.3.1 Ongoing Technological Advancement in Medical Devices to Accelerate Demand for ASIC
           7.6.4 Field-Programmable Gate Arrays
                    7.6.4.1 Rising Demand for Fpga Owing to Their Low Cost and Smaller Design Specifications

8 Medical Electronics Market, By Product Type (Page No. - 111)
    8.1 Introduction
    8.2 Non-Invasive Products
           8.2.1 Imaging Devices
                    8.2.1.1 MRI (Magnetic Resonance Imaging) Scanners
                               8.2.1.1.1 High Demand for MRI Scanners From Hospitals to Foster Market Growth
                    8.2.1.2 X-Ray Scanners
                               8.2.1.2.1 Wide Use of Technologically Advanced X-Ray Scanners to Achieve High-Quality Images to Boost Their Demand
                    8.2.1.3 Computed Tomography (CT) Scanners
                               8.2.1.3.1 Increased Use of CT Scanners By Hospitals and Clinics to Promote Market Growth
                    8.2.1.4 Ultrasound Scanners
                               8.2.1.4.1 Increasing Incidence of Diagnostic Ultrasound Or Diagnostic Medical Sonography to Propel Demand for Ultrasound Scanners
                    8.2.1.5 Nuclear Imaging Systems
                               8.2.1.5.1 Positron Emission Tomography (Pet) Scanners
                                             8.2.1.5.1.1 Market for Pet Scanners Expected to Witness High Growth Owing to Its Rising Use in Large Hospitals
                               8.2.1.5.2 Single-Photon Emission Computed Tomography (Spect) Scanners
                                             8.2.1.5.2.1 High Diagnostic Accuracy and Low Cost of Spect Procedures Expected to Propel Market Growth in Coming Years
           8.2.2 Monitoring Devices
                    8.2.2.1 Cardiac Monitors
                               8.2.2.1.1 Ecg/Ekg Monitors
                               8.2.2.1.2 Heart Rate Monitors
                               8.2.2.1.3 Doppler Fetal Monitors
                    8.2.2.2 Hemodynamic Monitors
                               8.2.2.2.1 Blood Pressure Monitors
                               8.2.2.2.2 Blood Glucose Monitors
                               8.2.2.2.3 Blood Gas Monitors
                    8.2.2.3 Respiratory Monitors
                               8.2.2.3.1 Pulse Oximeters
                               8.2.2.3.2 Continuous Positive Airway Pressure (Cpap)Devices
                               8.2.2.3.3 Sleep Apnea Monitors
                               8.2.2.3.4 Anesthesia Monitors
                    8.2.2.4 Multipara Monitors
                               8.2.2.4.1 Multipara Monitors to Witness High Growth During the Forecast Period Due to Increasing Demand for Pulse Rate and Blood Pressure Monitoring
                    8.2.2.5 Digital Thermometers
                               8.2.2.5.1 Digital Thermometers Equipped With Beep Alarms and Memory Functions to Witness High Demand, Thereby Accelerating Market Growth
    8.3 Invasive Products
           8.3.1 Endoscopes
                    8.3.1.1 Technological Advancements and Recent Breakthroughs in the Field of Endoscopy to Drive Market in Coming Years
           8.3.2 Pacemakers
                    8.3.2.1 High Adoption of Implantable Cardiac Pacemakers to Propel Growth of Market for Pacemakers
           8.3.3 Implantable Cardioverter Defibrillators
                    8.3.3.1 Single-Chamber Implantable Cardioverter Defibrillators to Account for Substantial Market Share During Forecast Period
           8.3.4 Implantable Loop Recorders
                    8.3.4.1 Popularity of Implantable Loop Recorders for Long-Term Monitoring of Patients With Suspected Arrhythmia Or Atrial Fibrillation to Foster Market Growth
           8.3.5 Spinal Cord Stimulators
                    8.3.5.1 Adoption of Spinal Cord Stimulators By Patients With Chronic and Severe Neuropathic Pain to Augment Market Growth
           8.3.6 Gastric Electric Stimulators
                    8.3.6.1 Increased Number of Patients Suffering From Gastroparesis and Diabetes to Drive Growth of Market

9 Medical Electronics Market, By Application (Page No. - 139)
    9.1 Introduction
    9.2 Diagnostic Radiology
           9.2.1 Increasing Demand for Diagnostic Radiology Procedures in Healthcare Facilities to Boost Market Growth
    9.3 Patient Monitoring
           9.3.1 Rising Adoption of Portable Patient Monitoring Devices to Fuel Market Growth
    9.4 Medical Implants and Endoscopy
           9.4.1 Growing Number of Hip Implant Surgeries to Witness Increasing Demand for Medical Implants and Endoscopy Instruments

10 Geographic Analysis (Page No. - 145)
     10.1 Introduction
     10.2 Americas
             10.2.1 North America
                        10.2.1.1 US
                                     10.2.1.1.1 US to Account for Largest Size of North American Market for Medical Electronics
                        10.2.1.2 Canada
                                     10.2.1.2.1 Imports to Hold Substantial Share of Canadian Medical Electronics Market
                        10.2.1.3 Mexico
                                     10.2.1.3.1 Mexico to Witness Highest CAGR in Market in North America During Forecast Period
             10.2.2 South America
                        10.2.2.1 Brazil
                                     10.2.2.1.1 Brazil to Account for Largest Share of Market in South America During Forecast Period
                        10.2.2.2 Argentina
                                     10.2.2.2.1 Market in Argentina is Dominated By Imports of Medical Devices
                        10.2.2.3 Rest of South America
     10.3 Europe
             10.3.1 Germany
                        10.3.1.1 Germany to Account for Largest Share of Medical Electronics Market
             10.3.2 France
                        10.3.2.1 High Expenditure on Healthcare Sector to Propel Growth of Market in France
             10.3.3 UK
                        10.3.3.1 Increasing Per Capita Healthcare Expenditure in UK to Propel Growth of Market
             10.3.4 Italy
                        10.3.4.1 Growing Presence of Local Manufacturers to Capture Substantial Share of Medical Electronics Market in Italy
             10.3.5 Spain
                        10.3.5.1 Spain to Witness Strong Market Growth During 2019–2025 Owing to the Presence of Small- and Medium-Sized Companies Offering Medical Devices
             10.3.6 Rest of Europe
     10.4 Asia Pacific
             10.4.1 China
                        10.4.1.1 China to Account for Largest Share of Market in APAC During Forecast Period
             10.4.2 Japan
                        10.4.2.1 Japan to Witness High Demand for Medical Electronics Owing to Increasing Demand for Advanced Medical Technologies to Meet Requirements of Aging Population
             10.4.3 India
                        10.4.3.1 Indian Market Growth Propelled By Rising Per Capita Expenditure on Healthcare
             10.4.4 South Korea
                        10.4.4.1 South Korean Medical Electronics Market is Dominated By Imports
             10.4.5 Rest of APAC
     10.5 Rest of the World (RoW)
             10.5.1 Middle East
                        10.5.1.1 Rising Focus of Government on Ambitious Medical Infrastructure Projects to Foster Growth of Market in Middle East
             10.5.2 Africa
                        10.5.2.1 Improving Economic and Political Scenario Would Result Insubstantial Growth of Private Healthcare Sector in Africa

11 Competitive Landscape (Page No. - 196)
     11.1 Introduction
     11.2 Market Ranking Analysis for Medical Electronics Market, 2018
     11.3 Competitive Situations and Trends
     11.4 Competitive Leadership Mapping, 2018
             11.4.1 Visionary Leaders
             11.4.2 Dynamic Differentiators
             11.4.3 Innovators
             11.4.4 Emerging Companies
     11.5 Competitive Benchmarking
             11.5.1 Strength of Product Portfolio (25 Players)
             11.5.2 Business Strategies Excellence (25 Players)
     11.6 Recent Developments
             11.6.1 Product Launches
             11.6.2 Agreements, Partnerships, and Contracts/Collaborations
             11.6.3 Mergers and Acquisitions

12 Company Profiles (Page No. - 207)
(Business Overview, Products Offered, Recent Developments, SWOT Analysis, and MnM View)*
     12.1 Key Players
             12.1.1 Analog Devices
             12.1.2 Texas Instruments
             12.1.3 TE Connectivity
             12.1.4 Medtronics PLC
             12.1.5 ST Microelectronics
             12.1.6 NXP Semiconductors Nv
             12.1.7 Cypress Semiconductor Corporation
             12.1.8 Maxim Integrated Products
             12.1.9 on Semiconductor Corporation
             12.1.10 Renesas Electronics Corporation
             12.1.11 Microchip Technology
             12.1.12 Tekscan Inc.
     12.2 Other Companies
             12.2.1 Monebo
             12.2.2 Cirtec Medical Corp (Cactus Semiconductor)
             12.2.3 First Sensor
             12.2.4 Sensirion
             12.2.5 Innovative Sensor Technology (IST AG)
             12.2.6 Keller America (Subsidiary of Keller AG Druckmesstechnik)
             12.2.7 Merit Medical Systems
             12.2.8 Koje Display

*Details on Business Overview, Products Offered, Recent Developments, SWOT Analysis, and MnM View Might Not Be Captured in Case of Unlisted Companies.

13 Appendix (Page No. - 249)
     13.1 Insights From Industry Experts
     13.2 Discussion Guide
     13.3 Knowledge Store: Marketsandmarkets’ Subscription Portal
     13.4 Available Customization
     13.5 Related Reports
     13.6 Author Details


List of Tables (175 Tables)

Table 1 Medical Electronics Market, By Component, 2016–2025 (USD Million)
Table 2 Medical Electronics Market for Sensors, By Type, 2016–2025 (USD Million)
Table 3 Market for Sensors, By Region, 2016–2025 (USD Million)
Table 4 Market for Temperature Sensors, By Product Type, 2016–2025 (USD Million)
Table 5 Non-Invasive Medical Electronics Market for Temperature Sensors, By Type, 2016–2025 (USD Million)
Table 6 Temperature Sensor Market for Imaging Devices, By Type, 2016–2025 (USD Thousand)
Table 7 Temperature Sensor Market for Nuclear Imaging Systems, By Type, 2016–2025 (USD Thousand)
Table 8 Temperature Sensor Market for Monitoring Devices, By Type, 2016–2025 (USD Million)
Table 9 Temperature Sensor Market for Hemodynamic Monitors, By Type, 2016–2025 (USD Million)
Table 10 Temperature Sensor Market for Respiratory Monitors, By Type, 2016–2025 (USD Thousand)
Table 11 Invasive Medical Electronics Market for Temperature Sensors, By Product Type, 2016–2025 (USD Thousand)
Table 12 Market for Pressure Sensors, By Product Type, 2016–2025 (USD Million)
Table 13 Pressure Sensor Market for Monitoring Devices, By Type, 2016–2025 (USD Million)
Table 14 Pressure Sensor Market for Cardiac Monitors, By Type, 2016–2025 (USD Million)
Table 15 Pressure Sensor Market for Respiratory Monitors, By Type, 2016–2025 (USD Thousand)
Table 16 Blood Glucose Sensor Market for Monitoring Devices, By Type, 2016–2025 (USD Million)
Table 17 Blood Oxygen Sensor Market for Monitoring Devices, By Type, 2016–2025 (USD Million)
Table 18 Blood Oxygen Sensor Market for Hemodynamic Monitors, By Type, 2016–2025 (USD Million)
Table 19 Image Sensor Market for Non-Invasive Imaging Devices, By Type, 2016–2025 (USD Million)
Table 20 Image Sensor Market for Nuclear Imaging Systems, By Type, 2016–2025 (USD Million)
Table 21 Motion Sensor Market for Non-Invasive Imaging Devices, By Type, 2016–2025 (USD Million)
Table 22 Motion Sensors Market for Nuclear Imaging Systems, By Type, 2016–2025 (USD Million)
Table 23 Heart Rate Sensor Market for Invasive Monitoring Devices, By Type, 2016–2025 (USD Million)
Table 24 Market for Touch Sensors, By Product Type, 2016–2025 (USD Million)
Table 25 Non-Invasive Medical Electronics Market for Touch Sensors, By Type, 2016–2025 (USD Million)
Table 26 Touch Sensor Market for Monitoring Devices, By Type, 2016–2025 (USD Million)
Table 27 Touch Sensor Market for Invasive Medical Electronics, By Type, 2016–2025 (USD Thousand)
Table 28 Medical Electronics Market for Batteries, By Type, 2016–2025 (USD Million)
Table 29 Market for Batteries, By Product Type, 2016–2025 (USD Million)
Table 30 Market for Batteries, By Region, 2016–2025 (USD Million)
Table 31 Battery Market for Non-Invasive Medical Electronics, By Type, 2016–2025 (USD Million)
Table 32 Battery Market for Imaging Devices, By Type, 2016–2025 (USD Million)
Table 33 Battery Market for Nuclear Imaging Systems, By Type, 2016–2025 (USD Million)
Table 34 Battery Market for Monitoring Devices, By Type, 2016–2025 (USD Million)
Table 35 Battery Market for Cardiac Monitors, By Type, 2016–2025 (USD Million)
Table 36 Battery Market for Hemodynamic Monitors, By Type, 2016–2025 (USD Million)
Table 37 Battery Market for Respiratory Monitors, By Type, 2016–2025 (USD Million)
Table 38 Battery Market for Invasive Medical Electronics, By Type, 2016–2025 (USD Million)
Table 39 Medical Electronics Market for Memory Devices, By Product Type, 2016–2025 (USD Million)
Table 40 Market for Memory Devices, By Region, 2016–2025 (USD Million)
Table 41 Memory Devices Market for Non-Invasive Medical Electronics, By Type, 2016–2025 (USD Million)
Table 42 Memory Devices Market for Imaging Devices, By Type, 2016–2025 (USD Thousand)
Table 43 Memory Devices Market for Nuclear Imaging Systems, By Type, 2016–2025 (USD Thousand)
Table 44 Memory Devices Market for Monitoring Devices, By Type, 2016–2025 (USD Million)
Table 45 Memory Devices Market for Cardiac Monitors, By Type, 2016–2025 (USD Million)
Table 46 Memory Devices Market for Hemodynamic Monitors, By Type, 2016–2025 (USD Million)
Table 47 Memory Devices Market for Respiratory Monitors, By Type, 2016–2025 (USD Million)
Table 48 Market for Displays, By Product Type, 2016–2025 (USD Million)
Table 49 Display Market for Non-Invasive Medical Electronics, By Region, 2016–2025 (USD Million)
Table 50 Display Market for Non-Invasive Medical Electronics, By Type, 2016–2025 (USD Million)
Table 51 Display Market for Imaging Devices, By Type, 2016–2025 (USD Million)
Table 52 Display Market for Nuclear Imaging Systems, By Type, 2016–2025 (USD Million)
Table 53 Display Market for Monitoring Devices, By Type, 2016–2025 (USD Million)
Table 54 Market for MCU/MPU, By Product Type, 2016–2025 (USD Million)
Table 55 Market for MCU/MPU, By Region, 2016–2025 (USD Million)
Table 56 MCU/MPU Market for Non-Invasive Medical Electronics, By Type, 2016–2025 (USD Million)
Table 57 MCU/MPU Market for Imaging Devices, By Type, 2016–2025 (USD Million)
Table 58 MCU/MPU Market for Monitoring Devices, By Type, 2016–2025 (USD Million)
Table 59 MCU/MPU Market for Cardiac Monitors, By Type, 2016–2025 (USD Million)
Table 60 MCU/MPU Market for Hemodynamic Monitors, By Type, 2016–2025 (USD Million)
Table 61 MCU/MPU Market for Respiratory Monitors, By Type, 2016–2025 (USD Thousand)
Table 62 MCU/MPU Market for Invasive Medical Electronics, By Type, 2016–2025 (USD Thousand)
Table 63 Medical Electronics Market, By Product Type, 2016–2025 (USD Billion)
Table 64 Market for Non-Invasive Products, By Type, 2016–2025 (USD Million)
Table 65 Market for Non-Invasive Products, By Component, 2016–2025 (USD Million)
Table 66 Market for Non-Invasive Products, By Region, 2016–2025 (USD Million)
Table 67 Diagnostic Imaging Systems Market, By Type, 2016–2025 (USD Billion)
Table 68 X-Ray Systems Market, By Technology, 2016–2025 (USD Billion)
Table 69 MRI Systems Market, By Architecture, 2016–2025 (USD Million)
Table 70 Ultrasound Scanners Market, By Technology, 2016–2025 (USD Billion)
Table 71 CT Scanners Market, By Type, 2016–2025 (USD Million)
Table 72 Nuclear Imaging Systems Market, By Type, 2016–2025 (USD Billion)
Table 73 Diagnostic Imaging Systems Market, By Region, 2016–2025 (USD Billion)
Table 74 Diagnostic Imaging Systems Market in North America, By Country, 2016–2025 (USD Million)
Table 75 Diagnostic Imaging Systems Market in Europe, By Country, 2016–2025 (USD Million)
Table 76 Diagnostic Imaging Systems Market in APAC, By Country, 2016–2025 (USD Billion)
Table 77 MRI Systems Market, By Region, 2016–2025 (USD Billion)
Table 78 CT Scanners Market, By Region, 2016–2025 (USD Billion)
Table 79 Ultrasound Systems Market, By Region, 2016–2025 (USD Billion)
Table 80 Medical Electronics Market for Non-Invasive Imaging Devices, By Component, 2016–2025 (USD Million)
Table 81 Medical Electronics Non-Invasive Imaging Sensors Market, By Type, 2016–2025 (USD Million)
Table 82 Patient Monitoring Devices Market, By Type, 2016–2025 (USD Million)
Table 83 Cardiac Monitoring Devices Market, By Type, 2016–2025 (USD Million)
Table 84 Multipara Monitoring Devices Market, By Type, 2016–2025 (USD Million)
Table 85 Homodynamic Monitoring Devices Market, By Type, 2016–2025 (USD Million)
Table 86 Neuromonitoring Devices Market, By Type, 2016–2025 (USD Million)
Table 87 Respiratory Monitoring Devices Market, By Type, 2016–2025 (USD Million)
Table 88 Temperature Monitoring Devices Market, By Type, 2016–2025 (USD Million)
Table 89 Market for Non-Invasive Monitoring Devices, By Type, 2016–2025 (USD Million)
Table 90 Market for Invasive Products, By Type, 2016–2025 (USD Million)
Table 91 Market for Invasive Products, By Component, 2016–2025 (USD Million)
Table 92 Market for Invasive Products, By Region, 2016–2025 (USD Million)
Table 93 Market, By Application, 2016–2025 (USD Million)
Table 94 Market for Diagnostic Radiology Applications, By Component, 2016–2025 (USD Million)
Table 95 Market for Patient Monitoring Applications, By Component, 2016–2025 (USD Million)
Table 96 Market for Medical Implants and Endoscopy Applications, By Component, 2016–2025 (USD Million)
Table 97 Medical Electronics Market, By Region, 2016–2025 (USD Million)
Table 98 Market in Americas, By Region, 2016–2025 (USD Million)
Table 99 Market in Americas, By Product Type, 2016–2025 (USD Million)
Table 100 Market in Americas, By Component, 2016–2025 (USD Million)
Table 101 Market in North America, By Component, 2016–2025 (USD Million)
Table 102 Market in North America, By Product Type, 2016–2025 (USD Million)
Table 103 Market in North America, By Country, 2016–2025 (USD Million)
Table 104 Market in US, By Component, 2016–2025 (USD Million)
Table 105 Market in US, By Product Type, 2016–2025 (USD Million)
Table 106 Market in US for Sensors, By Type, 2016–2025 (USD Million)
Table 107 Market in Canada, By Component, 2016–2025 (USD Million)
Table 108 Market in Canada, By Product Type, 2016–2025 (USD Million)
Table 109 Market in Canada for Sensors, By Type, 2016–2025 (USD Million)
Table 110 Market in Mexico, By Component, 2016–2025 (USD Million)
Table 111 Market in Mexico, By Product Type, 2016–2025 (USD Million)
Table 112 Market in Mexico for Sensors, By Type, 2016–2025 (USD Million)
Table 113 Market in South America, By Component, 2016–2025 (USD Million)
Table 114 Market in South America, By Country, 2016–2025 (USD Million)
Table 115 Market in South America, By Product Type, 2016–2025 (USD Million)
Table 116 Market in Brazil, By Component, 2016–2025 (USD Million)
Table 117 Market in Brazil, By Product Type, 2016–2025 (USD Million)
Table 118 Market in Brazil for Sensors, By Type, 2016–2025 (USD Million)
Table 119 Market in Argentina, By Component, 2016–2025 (USD Million)
Table 120 Market in Argentina, By Product Type, 2016–2025 (USD Million)
Table 121 Market in Argentina for Sensors, By Type, 2016–2025 (USD Million)
Table 122 Market in Rest of South America, By Component, 2016–2025 (USD Million)
Table 123 Market in Rest of South America, By Product Type, 2016–2025 (USD Million)
Table 124 Market in Rest of South America for Sensors, By Type, 2016–2025 (USD Million)
Table 125 Market in Europe, By Component, 2016–2025 (USD Million)
Table 126 Market in Europe, By Country, 2016–2025 (USD Million)
Table 127 Market in Europe, By Product Type, 2016–2025 (USD Million)
Table 128 Market in Germany, By Component, 2016–2025 (USD Million)
Table 129 Market in Germany, By Product Type, 2016–2025 (USD Million)
Table 130 Market in Germany for Sensors, By Type, 2016–2025 (USD Million)
Table 131 Market in France, By Component, 2016–2025 (USD Million)
Table 132 Market in France, By Product Type, 2016–2025 (USD Million)
Table 133 Market in France for Sensors, By Type, 2016–2025 (USD Million)
Table 134 Market in UK, By Component, 2016–2025 (USD Million)
Table 135 Market in UK, By Product Type, 2016–2025 (USD Million)
Table 136 Market in UK for Sensors, By Type, 2016–2025 (USD Million)
Table 137 Market in Italy, By Component, 2016–2025 (USD Million)
Table 138 Market in Italy, By Product Type, 2016–2025 (USD Million)
Table 139 Market in Italy for Sensors, By Type, 2016–2025 (USD Million)
Table 140 Market in Spain, By Component, 2016–2025 (USD Million)
Table 141 Market in Spain, By Product Type, 2016–2025 (USD Million)
Table 142 Market in Spain for Sensors, By Type, 2016–2025 (USD Million)
Table 143 Market in Rest of Europe, By Component, 2016–2025 (USD Million)
Table 144 Market in Rest of Europe, By Product Type, 2016–2025 (USD Million)
Table 145 Market in Rest of Europe for Sensors, By Type, 2016–2025 (USD Million)
Table 146 Market in APAC, By Component, 2016–2025 (USD Million)
Table 147 Market in APAC, By Country, 2016–2025 (USD Million)
Table 148 Market in APAC, By Product Type, 2016–2025 (USD Million)
Table 149 Market in China, By Component, 2016–2025 (USD Million)
Table 150 Market in China, By Product Type, 2016–2025 (USD Million)
Table 151 Market in China for Sensors, By Type, 2016–2025 (USD Million)
Table 152 Market in Japan, By Component, 2016–2025 (USD Million)
Table 153 Market in Japan, By Product Type, 2016–2025 (USD Million)
Table 154 Market in Japan for Sensors, By Type, 2016–2025 (USD Million)
Table 155 Market in India, By Component, 2016–2025 (USD Million)
Table 156 Market in India, By Product Type, 2016–2025 (USD Million)
Table 157 Market in India for Sensors, By Type, 2016–2025 (USD Million)
Table 158 Market in South Korea, By Component, 2016–2025 (USD Million)
Table 159 Market in South Korea, By Product Type, 2016–2025 (USD Million)
Table 160 Market in South Korea for Sensors, By Type, 2016–2025 (USD Million)
Table 161 Market in Rest of APAC, By Component, 2016–2025 (USD Million)
Table 162 Market in Rest of APAC, By Product Type, 2016–2025 (USD Million)
Table 163 Market in Rest of APAC for Sensors, By Type, 2016–2025 (USD Million)
Table 164 Market in RoW, By Component, 2016–2025 (USD Million)
Table 165 Market in RoW, By Region, 2016–2025 (USD Million)
Table 166 Market in RoW, By Product Type, 2016–2025 (USD Million)
Table 167 Market in Middle East, By Component, 2016–2025 (USD Million)
Table 168 Market in Middle East, By Product Type, 2016–2025 (USD Million)
Table 169 Market in Middle East for Sensors, By Type, 2016–2025 (USD Million)
Table 170 Market in Africa, By Component, 2016–2025 (USD Million)
Table 171 Market in Africa, By Product Type, 2016–2025 (USD Million)
Table 172 Medical Electronics Market in Africa for Sensors, By Type, 2016–2025 (USD Million)
Table 173 Product Launches, 2018–2019
Table 174 Agreements, Partnerships, and Contracts, 2018–2019
Table 175 Mergers and Acquisitions, 2017–2019


List of Figures (69 Figures)

Figure 1 Medical Electronics Market Segmentation
Figure 2 Medical Electronics Market: Research Design
Figure 3 Market Size Estimation Methodology: Bottom-Up Approach
Figure 4 Market Size Estimation Methodology: Top-Down Approach
Figure 5 Data Triangulation
Figure 6 Medical Electronics Market, 2016–2025 (USD Billion)
Figure 7 Batteries to Capture Largest Share of Market, By Comp0nent, in 2019
Figure 8 Patient Monitoring Application to Hold Largest Size of Market During Forecast Period
Figure 9 North America Accounted for Largest Share of Market in 2018
Figure 10 Increasing Adoption of IoT-Based Medical Devices to Boost Market During Forecast Period
Figure 11 Batteries to Hold Largest Size of the Market, By Component, in 2019
Figure 12 Non–Invasive Products to Account for Larger Size of Market in 2019
Figure 13 Patient Monitoring Application to Hold Largest Share of Market in 2025
Figure 14 Batteries and China Held Largest Share of Market in APAC, By Component and Country, Respectively, in 2018
Figure 15 Medical Electronics Market: Drivers, Restraints, Opportunities, and Challenges
Figure 16 Percentage of Population Over 65 Years and Above, By Country, 2015 vs 2060
Figure 17 Percentage of GDP Spend on Healthcare Across the World
Figure 18 Regulatory Processes Followed in US for Approval of Medical Devices
Figure 19 Regulatory Processes Followed in Canada for Approval of Medical Devices
Figure 20 Regulatory Processes Followed in Europe for Approval of Medical Devices
Figure 21 Regulatory Processes Followed in Japan for Approval of Medical Devices
Figure 22 Regulatory Processes Followed in China for Approval of Medical Devices
Figure 23 Value Chain Analysis: Maximum Value is Added By Component Manufacturers, System Integrators, and Software Service Providers
Figure 24 Medical Electronics Market, By Component, 2019 vs 2025 (USD Million)
Figure 25 Pressure Sensors to Account for Largest Size of Market in 2019
Figure 26 Digital Thermometers to Lead Temperature Sensor Market for Monitoring Devices During Forecast Period
Figure 27 Endoscopes to Account for Largest Size of Market for Temperature Sensor-Enabled Invasive Medical Electronics During Forecast Period
Figure 28 Pressure Sensor-Enabled Invasive Medical Electronics to Witness Higher CAGR During Forecast Period
Figure 29 Non-Invasive Nuclear Imaging Systems to Witness Highest CAGR in Image Sensor Market During Forecast Period
Figure 30 Non-Invasive CT Scanners to Exhibit Highest CAGR in Motion Sensor Market During Forecast Period
Figure 31 Invasive Cardiac Monitors to Dominate Heart Rate Sensor Market During 2019–2025
Figure 32 Lithium Batteries to Account for Larger Size of Market From 2019 to 2025
Figure 33 Imaging Devices to Witness Higher CAGR in Battery Market for Non-Invasive Medical Electronics During Forecast Period
Figure 34 Battery Market for Multipara Monitors to Grow at Highest CAGR During Forecast Period
Figure 35 Non–Invasive Memory Devices Expected to Continue to Lead Market During Forecast Period
Figure 36 Heart Rate Monitors Expected to Exhibit Highest CAGR in Memory Devices Market From 2019 to 2025
Figure 37 Market for Non–Invasive Displays to Grow at Higher CAGR During Forecast Period
Figure 38 MRI Scanners to Witness Highest CAGR in Medical Electronics Display Market for Imaging Devices During Forecast Period
Figure 39 Non–Invasive MCU/MPU to Exhibit Higher CAGR in Market During Forecast Period
Figure 40 MCU/MPU Market for Respiratory Monitors to Grow at Highest CAGR During Forecast Period
Figure 41 Pacemakers are Expected to Hold Largest Size of Invasive MCU/MPU Market During Forecast Period
Figure 42 Non-Invasive Medical Electronics to Account for Larger Market Size in 2019
Figure 43 Non-Invasive Monitoring Devices to Capture Larger Market Share in 2019
Figure 44 Batteries Accounted for Largest Size of Market for Non-Invasive Products in 2018
Figure 45 Nuclear Imaging Systems to Witness Highest CAGR in Market for Non-Invasive Imaging Devices During Forecast Period
Figure 46 Implantable Cardioverter Defibrillators to Account for Largest Size of Market for Invasive Products During Forecast Period
Figure 47 Patient Monitoring Applications to Account for Largest Size of Market From 2019 to 2025
Figure 48 Memory Devices to Witness Highest CAGR in Market for Patient Monitoring Applications, By Component From 2019 to 2025
Figure 49 Argentina to Register Highest CAGR in Market During Forecast Period
Figure 50 Snapshot of Medical Electronics Market in North America
Figure 51 Sensors to Witness Highest CAGR in North American Market for Components During Forecast Period
Figure 52 Snapshot of Medical Electronics Market in South America
Figure 53 Snapshot of Medical Electronics Market in Europe
Figure 54 Snapshot of Medical Electronics Market in APAC
Figure 55 Product Launch Was Key Strategy Adopted By Key Players From January 2016 to June 2019
Figure 56 Market Ranking of Top 5 Players in Market, 2018
Figure 57 Medical Electronics Market Evaluation Framework
Figure 58 Medical Electronics Market (Global) Competitive Leadership Mapping, 2018
Figure 59 Analog Devices: Company Snapshot
Figure 60 Texas Instruments: Company Snapshot
Figure 61 TE Connectivity: Company Snapshot
Figure 62 Medtronics PLC: Company Snapshot
Figure 63 ST Microelectronics: Company Snapshot
Figure 64 NXP Semiconductors NV: Company Snapshot
Figure 65 Cypress Semiconductor Corporation: Company Snapshot
Figure 66 Maxim Integrated Products: Company Snapshot
Figure 67 on Semiconductor Corporation: Company Snapshot
Figure 68 Renesas Electronics Corporation: Company Snapshot
Figure 69 Microchip Technology: Company Snapshot

The study involved four major activities in estimating the size of the medical electronics market. Exhaustive secondary research was done to collect information on the market, peer market, and parent market. The next step was to validate these findings, assumptions, and market sizing with industry experts across the value chain through primary research. Both top-down and bottom-up approaches were employed to estimate the complete market’s size. After that, market breakdown and data triangulation were used to estimate the market sizes of segments and sub-segments.

Secondary Research

In the medical electronics market report, both top-down and bottom-up approaches have been used to estimate and validate the size of the medical electronics market, along with other dependent submarkets. The key players in the medical electronics market have been identified through secondary research, and their market rankings have been determined through primary and secondary research. This entire research methodology involved studying annual and financial reports of the top players and interviewing experts (such as CEOs, VPs, directors, and marketing executives) for key insights (both quantitative and qualitative). All percentage shares, splits, and breakdowns have been determined using secondary sources and verified through primary sources. All the possible parameters that may affect the markets covered in this research study have been accounted for, viewed in detail, verified through primary research, and analyzed to obtain the final quantitative and qualitative data. This data has been consolidated and supplemented with detailed inputs and analysis from MarketsandMarkets and presented in this report.

Primary Research

The medical electronics market supply chain comprises several stakeholders such as medical device and equipment manufacturers, medical device component manufacturers, medical technology and solution providers, and system integrators. The demand side of this market is characterized by original medical device equipment manufacturers, hospitals, clinics, nursing homes, government, and research and laboratory labs. The supply side is characterized by medical devices component suppliers, technology and solution providers, and system integrators. Various primary sources from both the supply and demand sides of the market were interviewed to obtain qualitative and quantitative information. The breakdown of the primary respondents is provided below:

Medical Electronics Market

To know about the assumptions considered for the study, download the pdf brochure

Market Size Estimation

Both top-down and bottom-up approaches were used to estimate and validate the total size of the medical electronics market. These methods were also extensively used to estimate the sizes of various market sub-segments. The research methodology used to estimate the market sizes includes the following:

  • The key players in the market were identified through extensive secondary research.
  • The industry’s supply chain and market size, in terms of value, were determined through primary and secondary research.
  • All percentage shares, splits, and breakdowns were determined using secondary sources and verified through primary sources.

Data Triangulation

After arriving at the overall market size—using the market size estimation processes explained above—the market was split into several segments and sub-segments. To complete the overall market engineering process and arrive at the exact statistics of each market segment and subsegment, data triangulation, and market breakdown procedures were employed, wherever applicable. The data was triangulated by studying various factors and trends from both the demand and supply sides.

The main objectives of this study are:

  • To define, analyze, and forecast the medical electronics market, in terms of value and volume, by technology, offering, application, and geography
  • To analyze opportunities in the market for various stakeholders by identifying the high-growth segments of the medical electronics market
  • To forecast the medical electronics market for various segments with respect to four regions—Americas, Europe, Asia Pacific (APAC), and Rest of the World (RoW)
  • To strategically profile key players and comprehensively analyze their market positions in terms of ranking and core competencies, and detail the competitive landscape for market leaders

Available Customizations:

  • Country-wise Information:
  • Detailed analysis of various medical electronics component for each country.

Detailed analysis of medical electronics component–sensors, batteries, MCUs/MPUs, displays, and memory devices

Company Information:

Detailed analysis and profiling of additional market players (up to 5)

Report Code
SE 2742
Published ON
Sep, 2019
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