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Europe Medical Devices Market Forecast to 2027 - COVID-19 Impact and Regional Analysis by Product Type (In Vitro Diagnostics (IVD), Surgical Device, General Medical Devices, Cardiovascular Devices, Orthopedic, Infection Control Devices, Ophthalmology, Endoscopy, Neurology, Others); Function (Diagnostic and Monitoring, Therapeutics, Surgical, Others); End User (Homecare Medical Devices, Hospital Medical Devices, Ambulatory Care Medical Devices, Others); and Country

Code: TIPRE00013015 | Pages: 178 | Industry: Medical Device | Date: Aug 2020
Covid

Market Introduction

A medical device can be a machine, instrument, apparatus, an article that is used to diagnose, monitor, and therapeutic purposes. A medical device plays an essential role, such as detection, measurement, restoration, and modification of the structure or a function of the body due to health problems or chronic medical conditions. There are various types of medical devices, which include glasses, pacemakers, wheelchairs, X-ray machines, MRI, CT scans, and many more. These medical devices are categorized into four classes, such as I, IIa, IIb, and III. The categories of the medical devices are based on the Food and Drug Administration and CE marking. The organizations have categorized class I as low-risk medical devices and class III high-risk medical devices.




Market Overview and Dynamics

The Europemedical devices market is expected to reach US$ 232,531.7 millionby 2027 from US$ 149,480.3 million in 2019. The market is anticipated to grow with a CAGR of 5.8% from 2020 to 2027. Factors driving the market growth include growing research and development activity medical device industry, and rising chronic disease prevalence.However, the challenges in medical device industry like expensive frequent product recalls may restrain the growth of the market. Outbreak of COVID19 has generated the demand for rapid diagnostic kits in the market. Many key players from the region are developing rapid testing kits.

Key Market Segments

In terms of product type, the In-vitro diagnosticdevice segment held the largest share of the market in 2019; however, the neurologysegment is anticipated to register the highest CAGR in the market during the forecast period. In terms of function, the diagnostic and monitoring segment held a larger share of the market in 2019and the surgicalsegment is estimated to register a higher market sharein the market during the forecast period. Likewise, in terms of end user, the hospital segment held a larger share of the market in 2019 and is estimated to register a higher CAGR in the market during the forecast period.

Major Sources and Companies Listed

The World Health Organization (WHO), MedTech Europe org , European Patent Office (EPO), Scientific Institutes for Research, Hospitalization, and Care (IRCCS)are some of the major primary and secondary sources for the Europemedical devices market included in the report.

Reasons to buy the report

  • To understand the Europemedical devicesmarket landscape and identifymarket segments that are most likely to guarantee a strong return
  • Stay ahead of the race by comprehending the ever-changing competitive landscape for the Europemedical devices market
  • Efficiently plan M&A and partnership dealsin the Europemedical devicesmarket by identifying market segments with the most promising probable sales
  • Helps to takeknowledgeable business decisions from perceptive and comprehensive analysis of market performance of various segment form the Europemedical devicesmarket
  • Obtain market revenue forecast for market by various segments from 2019 to 2027 in the region

EuropeMedical devices Market Segmentation

By Product Type

  • Surgical Devices
    • Electrosurgical Generators
    • Ultrasonic Surgical Generators
    • Minimally Invasive Surgery Devices
    • Other Surgical Devices
  • Infection Control Devices
  • General Medical Devices
  • Cardiovascular Devices
  • Orthopaedic Devices
  • In Vitro Diagnostics (IVD)
  • Endoscopy
  • Neurology
  • Ophthalmology
  • Others

By Function

·         Diagnostic and Monitoring

·         Therapeutics

·         Surgical

·         Others

By End User

·         Homecare Medical Devices

·         Hospital Medical Devices

·         Ambulatory Care Medical Devices

·         Others

Company Profiles

  • Medtronic
  • Abbott
  • Boston Scientific Corporation
  • Braun Melsungen AG
  • 3M
  • General Electric Company
  • Stryker Corporation
  • Koninklijke Philips N.V.
  • Siemens AG;
  • Johnson and Johnson Services, Inc.

1.           Introduction

1.1         Scope of the Study

1.2         The Insight Partners Research Report Guidance

1.3         Market Segmentation

1.3.1        Europe Medical Devices Market – By Product Type

1.3.2        Europe Medical Devices Market – By Function

1.3.3        Europe Medical Devices Market – By End User

1.3.4        Europe Medical Devices Market– By Region

2.           Medical Devices Market – Key Takeaways

3.           Research Methodology

3.1         Coverage

3.2         Secondary Research

3.3         Primary Research

4.           Medical Devices – Market Landscape

4.1         Overview

4.2         PEST Analysis

4.2.1        Europe

4.3         Expert Opinion

5.           Europe Medical Device Market – Industry Dynamics

5.1         Key Drivers

5.1.1        Growing Research and Development Activity In Medical Device Industry

5.1.2        Rising Chronic Disease Prevalence

5.2         Market Restraints

5.2.1        Challenges in Medical Device Industry

5.3         Market Opportunities

5.3.1        Rising Government Funding on Healthcare Programmes

5.4         Future Trends

5.4.1        Artificial Intelligence In Medical Devices Revolutionising Healthcare Industry

5.5         Impact Analysis

6.           Medical Devices Market – Regional Analysis

6.1         Europe Medical Devices Market Revenue Forecast And Analysis

7.           Europe Medical Device Market Analysis – By Product Type

7.1         Overview

7.2         Medical Devices Market Share, by Product Type, 2019 and 2027 (%)

7.3         Surgical Devices

7.3.1        Overview

7.3.2        Surgical Devices: Medical Devices Market– Revenue and Forecast to 2027 (US$ Million)

7.3.3        Electrosurgical Generators

7.3.4        Overview

7.3.5        Electrosurgical Generators: Medical Devices Market– Revenue and Forecast to 2027 (US$ Million)

7.3.6        Ultrasonic Surgical Generators

7.3.7        Overview

7.3.8        Ultrasonic Surgical Generators: Medical Devices Market– Revenue and Forecast to 2027 (US$ Million)

7.3.9        Minimally Invasive Surgery Instruments

7.3.10     Overview

7.3.11     Minimally Invasive Surgery Instruments: Medical Devices Market– Revenue and Forecast to 2027 (US$ Million)

7.3.12     Others

7.3.13     Overview

7.3.14     Others: Medical Devices Market– Revenue and Forecast to 2027 (US$ Million)

7.4         Infection Control Devices

7.4.1        Overview

7.4.2        Infection Control Devices: Medical Devices Market– Revenue and Forecast to 2027 (US$ Million)

7.5         General Medical Devices

7.5.1        Overview

7.5.2        General Medical Devices: Medical Devices Market– Revenue and Forecast to 2027 (US$ Million)

7.6         Cardiovascular Devices

7.6.1        Overview

7.6.2        Cardiovascular Devices: Medical Devices Market– Revenue and Forecast to 2027 (US$ Million)

7.7         Neurological Devices

7.7.1        Overview

7.7.2        Neurological Devices: Medical Devices Market – Revenue and Forecast to 2027 (US$ Million)

7.8         Ophthalmology Devices

7.8.1        Overview

7.8.2        Ophthalmology Devices: Medical Devices Market – Revenue and Forecast to 2027 (US$ Million)

7.9         Orthopedic Devices

7.9.1        Overview

7.9.2        Orthopedic Devices: Medical Devices Market – Revenue and Forecast to 2027 (US$ Million)

7.10      In-vitro Diagnostic Devices

7.10.1     Overview

7.10.2     In-vitro Diagnostic Devices: Medical Devices Market – Revenue and Forecast to 2027 (US$ Million)

7.11      Endoscopy Devices

7.11.1     Overview

7.11.2     Endoscopy Devices: Medical Devices Market – Revenue and Forecast to 2027 (US$ Million)

7.12      Others

7.12.1     Overview

7.12.2     Others: Medical Devices Market – Revenue and Forecast to 2027 (US$ Million)

8.           Medical Devices Market– By Function

8.1         Overview

8.2         Medical Devices Market Share, by Function, 2019 and 2027 (%)

8.3         Diagnostic and Monitoring

8.3.1        Overview

8.3.2        Diagnostic and Monitoring: Medical Devices Market– Revenue and Forecast to 2027 (USD Million)

8.4         Therapeutics

8.4.1        Overview

8.4.2        Therapeutics: Medical Devices Market– Revenue and Forecast to 2027 (USD Million)

8.5         Surgical

8.5.1        Overview

8.5.2        Surgical: Medical Devices Market– Revenue and Forecast to 2027 (USD Million)

8.6         Others

8.6.1        Overview

8.6.2        Others: Medical Devices Market– Revenue and Forecast to 2027 (USD Million)

9.           Medical Device Market Analysis – By End User

9.1         Overview

9.2         Medical Device Market Share, by End User, 2019 and 2027, (%)

9.3         Hospitals

9.3.1        Overview

9.3.2        Hospitals: Medical Device Market – Revenue and Forecast to 2027 (US$ Million)

9.4         Homecare

9.4.1        Overview

9.4.2        Homecare: Medical Device Market – Revenue and Forecast to 2027 (US$ Million)

9.5         Ambulatory Care

9.5.1        Overview

9.5.2        Ambulatory Care: Medical Device Market – Revenue and Forecast to 2027 (US$ Million)

9.6         Others

9.6.1        Overview

9.6.2        Others: Medical Device Market – Revenue and Forecast to 2027 (US$ Million)

10.        Medical Devices Market – Geographic Analysis

10.1      Europe: Medical Devices Market

10.1.1     Overview

10.1.2     Europe: Medical Devices Market – Revenue and Forecast to 2027 (USD Million)

10.1.3     Europe: Medical Devices Market, by Product Type – Revenue and Forecast to 2027 (USD Million)

10.1.3.1       Europe: Medical Devices Market, by Surgical Devices – Revenue and Forecast to 2027 (USD Million)

10.1.4     Europe: Medical Devices Market, by Function – Revenue and Forecast to 2027 (USD Million)

10.1.5     Europe: Medical Devices Market, End User – Revenue and Forecast to 2027 (USD Million)

10.1.6     Europe: Medical Devices Market, by Country, 2019 & 2027 (%)

10.1.7     Germany: Medical Devices Market – Revenue and Forecast to 2027 (USD Million)

10.1.7.1       Germany: Medical Devices Market – Revenue and Forecast to 2027 (USD Million)

10.1.7.2       Germany: Medical Devices Market, by Product Type – Revenue and Forecast to 2027 (USD Million)

10.1.7.2.1       Germany: Medical Devices Market, by Surgical Devices – Revenue and Forecast to 2027 (USD Million)

10.1.7.3       Germany: Medical Devices Market, by Function– Revenue and Forecast to 2027 (USD Million)

10.1.7.4       Germany: Medical Devices Market, End User – Revenue and Forecast to 2027 (USD Million)

10.1.8     France: Medical Devices Market – Revenue and Forecast to 2027 (USD Million)

10.1.8.1       France: Medical Devices Market – Revenue and Forecast to 2027 (USD Million)

10.1.8.2       France: Medical Devices Market, by Product Type – Revenue and Forecast to 2027 (USD Million)

10.1.8.2.1       France: Medical Devices Market, by Surgical Devices – Revenue and Forecast to 2027 (USD Million)

10.1.8.3       France: Medical Devices Market, by Function– Revenue and Forecast to 2027 (USD Million)

10.1.8.4       France: Medical Devices Market, End User – Revenue and Forecast to 2027 (USD Million)

10.1.9     UK: Medical Devices Market – Revenue and Forecast to 2027 (USD Million)

10.1.9.1       UK: Medical Devices Market – Revenue and Forecast to 2027 (USD Million)

10.1.9.2       UK: Medical Devices Market, by Product Type – Revenue and Forecast to 2027 (USD Million)

10.1.9.2.1       UK: Medical Devices Market, by Surgical Devices – Revenue and Forecast to 2027 (USD Million)

10.1.9.3       UK: Medical Devices Market, by Function– Revenue and Forecast to 2027 (USD Million)

10.1.9.4       UK: Medical Devices Market, End User – Revenue and Forecast to 2027 (USD Million)

10.1.10  Italy: Medical Devices Market – Revenue and Forecast to 2027 (USD Million)

10.1.10.1    Italy: Medical Devices Market – Revenue and Forecast to 2027 (USD Million)

10.1.10.2    Italy: Medical Devices Market, by Product Type – Revenue and Forecast to 2027 (USD Million)

10.1.10.2.1    Italy: Medical Devices Market, by Surgical Devices – Revenue and Forecast to 2027 (USD Million)

10.1.10.3    Italy: Medical Devices Market, by Function– Revenue and Forecast to 2027 (USD Million)

10.1.10.4    Italy: Medical Devices Market, End User – Revenue and Forecast to 2027 (USD Million)

10.1.11  Spain: Medical Devices Market – Revenue and Forecast to 2027 (USD Million)

10.1.11.1    Spain: Medical Devices Market – Revenue and Forecast to 2027 (USD Million)

10.1.11.2    Spain: Medical Devices Market, by Product Type – Revenue and Forecast to 2027 (USD Million)

10.1.11.2.1    Spain: Medical Devices Market, by Surgical Devices – Revenue and Forecast to 2027 (USD Million)

10.1.11.3    Spain: Medical Devices Market, by Function– Revenue and Forecast to 2027 (USD Million)

10.1.11.4    Spain: Medical Devices Market, End User – Revenue and Forecast to 2027 (USD Million)

11.        Impact Of COVID-19 Pandemic On Global Medical Devices Market

11.1      Europe: Impact Assessment of COVID-19 Pandemic

12.        Medical Devices Market – Industry Landscape

12.1      Overview

12.2      Growth Strategies Done by the Companies in the Market, (%)

12.3      Organic Developments

12.3.1     Overview

12.4      Inorganic Developments

12.4.1     Overview

13.        COMPANY PROFILES

13.1      Medtronic

13.1.1     Key Facts

13.1.2     Business Description

13.1.3     Products and Services

13.1.4     Financial Overview

13.1.5     SWOT Analysis

13.1.6     Key Developments

13.2      Abbott

13.2.1     Key Facts

13.2.2     Business Description

13.2.3     Products and Services

13.2.4     Financial Overview

13.2.5     SWOT Analysis

13.2.6     Key Developments

13.3      Boston Scientific Corporation

13.3.1     Key Facts

13.3.2     Business Description

13.3.3     Products and Services

13.3.4     Financial Overview

13.3.5     SWOT Analysis

13.3.6     Key Developments

13.4      Braun Melsungen AG

13.4.1     Key Facts

13.4.2     Business Description

13.4.3     Products and Services

13.4.4     Financial Overview

13.4.5     SWOT Analysis

13.4.6     Key Developments

13.5      3M

13.5.1     Key Facts

13.5.2     Business Description

13.5.3     Products and Services

13.5.4     Financial Overview

13.5.5     SWOT Analysis

13.5.6     Key Developments

13.6      General Electric Company

13.6.1     Key Facts

13.6.2     Business Description

13.6.3     Products and Services

13.6.4     Financial Overview

13.6.5     SWOT Analysis

13.6.6     Key Developments

13.7      Stryker Corporation

13.7.1     Key Facts

13.7.2     Business Description

13.7.3     Products and Services

13.7.4     Financial Overview

13.7.5     SWOT Analysis

13.7.6     Key Developments

13.8      Koninklijke Philips N.V.

13.8.1     Key Facts

13.8.2     Business Description

13.8.3     Products and Services

13.8.4     Financial Overview

13.8.5     SWOT Analysis

13.8.6     Key Developments

13.9      Siemens AG

13.9.1     Key Facts

13.9.2     Business Description

13.9.3     Products and Services

13.9.4     Financial Overview

13.9.5     SWOT Analysis

13.9.6     Key Developments

13.10   Johnson and Johnson Services, Inc.

13.10.1  Key Facts

13.10.2  Business Description

13.10.3  Products and Services

13.10.4  Financial Overview

13.10.5  SWOT Analysis

13.10.6  Key Developments

14.        Appendix

14.1      Glossary of Terms

 


LIST OF TABLES

Table 1.             Europe: Medical Devices Market, by Product Type – Revenue and Forecast to 2027 (USD Million)

Table 2.             Europe: Medical Devices Market, by Surgical Devices – Revenue and Forecast to 2027 (USD Million)

Table 3.             Europe: Medical Devices Market, by Function – Revenue and Forecast to 2027 (USD Million)

Table 4.             Europe: Medical Devices Market, End User – Revenue and Forecast to 2027 (USD Million)

Table 5.             Germany: Medical Devices Market, by Product Type – Revenue and Forecast to 2027 (USD Million)

Table 6.             Germany: Medical Devices Market, by Surgical Devices – Revenue and Forecast to 2027 (USD Million)

Table 7.             Germany: Medical Devices Market, by Function – Revenue and Forecast to 2027 (USD Million).

Table 8.             Germany: Medical Devices Market, End User – Revenue and Forecast to 2027 (USD Million)

Table 9.             France: Medical Devices Market, by Product Type – Revenue and Forecast to 2027 (USD Million)

Table 10.          France: Medical Devices Market, by Surgical Devices – Revenue and Forecast to 2027 (USD Million)

Table 11.          France: Medical Devices Market, by Function – Revenue and Forecast to 2027 (USD Million).

Table 12.          France: Medical Devices Market, End User – Revenue and Forecast to 2027 (USD Million)

Table 13.          UK: Medical Devices Market, by Product Type – Revenue and Forecast to 2027 (USD Million)

Table 14.          UK: Medical Devices Market, by Surgical Devices – Revenue and Forecast to 2027 (USD Million)

Table 15.          UK: Medical Devices Market, by Function – Revenue and Forecast to 2027 (USD Million).

Table 16.          UK: Medical Devices Market, End User – Revenue and Forecast to 2027 (USD Million)

Table 17.          Italy: Medical Devices Market, by Product Type – Revenue and Forecast to 2027 (USD Million)

Table 18.          Italy: Medical Devices Market, by Surgical Devices – Revenue and Forecast to 2027 (USD Million)

Table 19.          Italy: Medical Devices Market, by Function – Revenue and Forecast to 2027 (USD Million).

Table 20.          Italy: Medical Devices Market, End User – Revenue and Forecast to 2027 (USD Million)

Table 21.          Spain: Medical Devices Market, by Product Type – Revenue and Forecast to 2027 (USD Million)

Table 22.          Spain: Medical Devices Market, by Surgical Devices – Revenue and Forecast to 2027 (USD Million)

Table 23.          Spain: Medical Devices Market, by Function – Revenue and Forecast to 2027 (USD Million).

Table 24.          Spain: Medical Devices Market, End User – Revenue and Forecast to 2027 (USD Million)

Table 25.          Organic Developments Done By Companies

Table 26.          Inorganic Developments Done by Companies

Table 27.          Glossary of Terms, Medical Devices Market

 

LIST OF FIGURES

Figure 1.           Medical Devices Market Segmentation

Figure 2.           Medical Devices Segmentation – By Region

Figure 3.           Europe Medical Devices Market Overview

Figure 4.           In Vitro Diagnostics (IVD) Segment Held Largest Share of Medical Devices Market in 2019

Figure 5.           Medical Devices Market in Germany to Show Remarkable Growth During Forecast Period

Figure 6.           Europe PEST Analysis

Figure 7.           Medical Devices Market Impact Analysis of Driver and Restraints

Figure 8.           Europe Medical Devices Market – Revenue Forecast And Analysis – 2019- 2027

Figure 9.           Medical devices market Share, by Product Type, 2019 and 2027 (%)

Figure 10.        Surgical Devices: Medical Devices Market– Revenue and Forecast to 2027 (US$ Million)

Figure 11.        Electrosurgical Generators: Medical Devices Market– Revenue and Forecast to 2027 (US$ Million)

Figure 12.        Ultrasonic Surgical Generators: Medical Devices Market– Revenue and Forecast to 2027 (US$ Million)

Figure 13.        Minimally Invasive Surgery Instruments: Medical Devices Market– Revenue and Forecast to 2027 (US$ Million)

Figure 14.        Others: Medical Devices Market– Revenue and Forecast to 2027 (US$ Million)

Figure 15.        Infection Control Devices: Medical Devices Market– Revenue and Forecast to 2027 (US$ Million)

Figure 16.        General Medical Devices: Medical Devices Market– Revenue and Forecast to 2027 (US$ Million)

Figure 17.        Cardiovascular Devices: Medical Devices Market – Revenue and Forecast to 2027 (US$ Million)

Figure 18.        Neurological Devices: Medical Devices Market – Revenue and Forecast to 2027 (US$ Million)

Figure 19.        Ophthalmology Devices: Medical Devices Market – Revenue and Forecast to 2027 (US$ Million)

Figure 20.        Orthopedic Devices: Medical Devices Market – Revenue and Forecast to 2027 (US$ Million)

Figure 21.        In-vitro Diagnostic Devices: Medical Devices Market – Revenue and Forecast to 2027 (US$ Million)

Figure 22.        Endoscopy Devices: Medical Devices Market – Revenue and Forecast to 2027 (US$ Million)

Figure 23.        Others: Medical Devices Market – Revenue and Forecast to 2027 (US$ Million)

Figure 24.        Medical Devices Market Share, by Function, 2019 and 2027 (%)

Figure 25.        Diagnostic and Monitoring: Medical Devices Market– Revenue and Forecast to 2027 (USD Million)

Figure 26.        Therapeutics: Medical Devices Market– Revenue and Forecast to 2027 (USD Million)

Figure 27.        Surgical: Medical Devices Market– Revenue and Forecast to 2027 (USD Million)

Figure 28.        Others: Medical Devices Market– Revenue and Forecast to 2027 (USD Million)

Figure 29.        Medical Device Market Share, by End User, 2019 and 2027 (%)

Figure 30.        Hospitals: Medical Device Market – Revenue and Forecast to 2027 (US$ Million)

Figure 31.        Homecare: Medical Device Market – Revenue and Forecast to 2027 (US$ Million)

Figure 32.        Ambulatory Care: Medical Device Market – Revenue and Forecast to 2027 (US$ Million)

Figure 33.        Others: Medical Device Market – Revenue and Forecast to 2027 (US$ Million)

Figure 34.        Europe: Medical Devices Market, by Key Country – Revenue (2019) (USD Million)

Figure 35.        Europe: Medical Devices Market Revenue and Forecast to 2027 (USD Million)

Figure 36.        Europe: Medical Devices Market, by Country, 2019 & 2027 (%)

Figure 37.        Germany: Medical Devices Market – Revenue and Forecast to 2027 (USD Million)

Figure 38.        France: Medical Devices Market – Revenue and Forecast to 2027 (USD Million)

Figure 39.        UK: Medical Devices Market – Revenue and Forecast to 2027 (USD Million)

Figure 40.        Italy: Medical Devices Market – Revenue and Forecast to 2027 (USD Million)

Figure 41.        Spain: Medical Devices Market – Revenue and Forecast to 2027 (USD Million)

Figure 42.        Impact of COVID-19 Pandemic In European Country Markets

Figure 43.          Growth Strategies Done by the Companies in the Market, (%)

  1. Medtronic
  2. Abbott
  3. Boston Scientific Corporation
  4. Braun Melsungen AG
  5. 3M
  6. General Electric Company
  7. Stryker Corporation
  8. Koninklijke Philips N.V.
  9. Siemens AG;
  10. Johnson and Johnson Services, Inc.
  • To understand the Europemedical devicesmarket landscape and identifymarket segments that are most likely to guarantee a strong return
  • Stay ahead of the race by comprehending the ever-changing competitive landscape for the Europemedical devices market
  • Efficiently plan M&A and partnership dealsin the Europemedical devicesmarket by identifying market segments with the most promising probable sales
  • Helps to take knowledgeable business decisions from perceptive and comprehensive analysis of market performance of various segment form the Europemedical devices market
  • Obtain market revenue forecast for market by various segments from 2019 to 2027 in the region

Related Tags Europe Medical Devices Market Europe Medical Devices Market Research Europe Medical Devices Market Insight Europe Medical Devices Market Trends Europe Medical Devices Market Forecast Europe Medical Devices Market Share Europe Medical Devices Market 2027 Europe Medical Devices Market Growth Europe Medical Devices Industry Sector Europe Medical Devices PDF Report Europe Medical Devices Analysis Europe Medical Devices Research Competitive Analysis

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