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Global Medical Devices Outlook, 2023
Global Medical Devices Outlook, 2023
Digitization and Transition of Care Outside the Hospital will Drive Future Growth Potential
19-Apr-2023
North America
Description
The global medical devices market is currently witnessing disruption, led primarily by two key factors: increasing digitization of healthcare delivery and the transition of care settings to locations outside the hospital. There is an increased use of digital technology across the healthcare value chain, and companies operating in data analytics, artificial intelligence (AI), and machine learning (ML) are expanding the ecosystem. Ambulatory surgery centers (ASCs) and healthcare-at-home modules will find increased adoption due to the lack of skilled healthcare professionals, workforce burnout, and the closure of hospitals, especially in the United States.
This outlook identifies the strategic imperatives and macroeconomic factors affecting the growth of the medical devices market. It provides market size estimates and forecasts at global and regional levels for the medical devices market and selected market segments.
The study also offers comprehensive predictions for this space for 2023 and beyond. It identifies the key growth opportunities emerging from these changes for market players to leverage and provides detailed information on market trends, drivers, restraints, and companies to watch out for in the cardiovascular, orthopedic, robotics, patient monitoring, and respiratory devices segments.
Author: Vittal Bhaskar Rao
Table of Contents
Analysis Highlights
Top Medical Devices Industry Predictions for 2023
Why is it Increasingly Difficult to Grow?
The Strategic Imperative 8™
The Impact of the Top 3 Strategic Imperatives on the Medical Devices Industry
Growth Opportunities Fuel the Growth Pipeline Engine™
Global Medical Devices Dashboard
Market Segmentation
Growth Environment
Top 5 Global Economic Highlights of 2022
Top 5 Global Economic Highlights of 2023
Global GDP Growth Expectations
Recessionary/slowdown Expectations for Major Economies
Global GDP Growth Snapshot
Advanced Economy Predictions for 2023
Emerging Market Economy Predictions for 2023
2023 Regional Risks and Policy Direction
2023 Top Growth Opportunities by Region
Shift to Outpatient Settings—Impact Analysis
Cyberattacks on Healthcare Database—Impact Analysis
Medical Devices—Mergers & Acquisitions (M&A)
Forecast Methodology and Assumptions
Revenue Forecast by Segment
Revenue Forecast by Segment—Medical Devices
Revenue Forecast by Segment—Medical Devices (continued)
Revenue Forecast by Segment—Medical Devices (continued)
Revenue Forecast by Segment—Medical Devices (continued)
Revenue Forecast by Region—Key Demand Drivers
Prediction 1—Medical Devices Companies to have Growing Revenue Share from Digital Products and Solutions for Chronic Disease Monitoring
Prediction 2—Procedures Volume to Rise in ASCs
Prediction 3—Outpatient-based Medical Devices Connectivity (MDC) Market to be as Big as Hospital Market in Next 5 Years
Prediction 4—Cardiac Wearables to Dominate the Wearables Sector
Prediction 5—Healthcare Staff Turnover to Continue to Spike, Driving the Hospital Operational Efficiency Solutions Market to Increase by More than 10%
Prediction 6—Increased Clarity on Regulations for SaMD to Significantly Ramp up Investments
Cardiovascular—2023 Market Snapshot
Cardiovascular—Companies to Watch
Orthopedics—2023 Market Snapshot
Orthopedics—Companies to Watch
Robotics—2023 Market Snapshot
Robotics—Companies to Watch
Patient Monitoring—2023 Market Snapshot
Patient Monitoring—Companies to Watch
Respiratory Devices—2023 Market Snapshot
Respiratory Devices—Companies to Watch
Growth Opportunity 1: Care Transition Outside Hospital
Growth Opportunity 1: Care Transition Outside Hospital (continued)
Growth Opportunity 2: Smaller and Smarter Medical Devices
Growth Opportunity 2: Smaller and Smarter Medical Devices (continued)
Growth Opportunity 3: Robots Across Healthcare Settings
Growth Opportunity 3: Robots Across Healthcare Settings (continued)
Growth Opportunity 4: Connectivity Solutions Data Monetization
Growth Opportunity 4: Connectivity Solutions Data Monetization (continued)
Conclusions and Future Outlook
Your Next Steps
Why Frost, Why Now?
List of Exhibits
List of Exhibits (continued)
Legal Disclaimer
Popular Topics
| Author | Vittal Bhaskar Rao |
|---|---|
| Industries | Healthcare |
| No Index | No |
| Is Prebook | No |
| Keyword 1 | Global Medical Devices Market |
| Keyword 2 | Global Medical Devices Outlook |
| Keyword 3 | Medtech Industry Outlook |
| Podcast | No |
| WIP Number | K889-01-00-00-00 |