US MEDICAL DEVICE MARKET

INTRODUCTION

A medical device can be any instrument, apparatus, implement, machine, appliance, implant, reagent for in vitro use, software, material, or another similar or related article, intended by the manufacturer to be used, alone or in combination for a medical purpose.

 

Medical devices are used to diagnose, prevent, mitigate, treat, or cure disease or other conditions, and, unlike a pharmaceutical or biologic, achieve its purpose by physical, structural, or mechanical action but not through chemical or metabolic action within or on the body.

 

US MEDICAL DEVICE MARKET SIZE AND FORECAST

US medical device market is expected to gain market growth in the forecast period of 2020 to 2027. It is analyzed that the market is growing with a CAGR ofXX.X% in the forecast period of 2020 to 2027 and is expected to reach USD XXXX million by 2027. 

 

RECENT DEVELOPMENTS IN US MEDICAL DEVICE MARKET

 

Sl No	Company	Year	Development
1.	Johnson &johnson	Feb 2022	Johnson & Johnson Developed The Detect Screening Tool For Healthcare Specialists Who Treat Patients With Connective Tissue Disorders Like Ssc And Who Are Familiar With Pah As A Complication Of Ssc
2.	Johnson &johnson	Feb 2022	Johnson & Johnson collaborated with several companies on the technology, including a partnership with med-tech firm US2.ai on US2.v1, a tool to automate the analysis of echocardiograms
3.	Abott	Feb 2022	Abbott’s Cardiomem Hf System Received Fda Approval To Support Patients Battling Earlier-Stage Heart Failure
4.	Abott	Mar 2022	Abbott’s Freestyle Libre Is the First And Only Cgm System which gained Expanded Reimbursement In Japan To Include All People With Diabetes Who Use Insulin

 

TOP PLAYERS IN US MEDICAL DEVICE MARKET

1. Johnson & Johnson 
2. Abbott 
3. Medtronic
4. Baxter 
5. Danaher 
6. General Electric
7. 3M Company 
8. Stryker 

 

THIS REPORT WILL ANSWER THE FOLLOWING QUESTIONS

1. What is the average transaction price of the US Medical Device Market right now and how will it change in the next 5-6 years? 
2. Market share of US Medical Device vendors right now and their upcoming products
3. The cost advantage for OEMs who manufacture US Medical Device in-house
4. 5 key predictions for the next 5 years in US Medical Device Market right now, latest trends in every market segment
5. The market size (both volume and value) of the US Medical Device Market in 2022-2027 and every year between
6. Production breakup of US Medical Device Market by suppliers and their OEM relationship
7. What is happening overall in the US Medical Device Market right now?
8. Who are the major players in the US Medical Device Market?
9. What are the business opportunities in the US Medical Device Market right now and What is the target group?
10. What are the plans for the market in the next US Medical Device Market in five years?
11. What are the Threats in the US Medical Device Market in the next five years?