Medical Electronics Market Research Report by Product Type, by Component, by Application, by State - United States Forecast to 2026 - Cumulative Impact of COVID-19

Medical Electronics Market Research Report by Product Type, by Component, by Application, by State - United States Forecast to 2026 - Cumulative Impact of COVID-19

  • October 2021 •
  • 196 pages •
  • Report ID: 6161724 •
  • Format: PDF
Medical Electronics Market Research Report by Product Type (Invasive Products and Non-Invasive Products), by Component (Batteries, Displays, and Memory Devices), by Application, by State (California, Florida, and Illinois) - United States Forecast to 2026 - Cumulative Impact of COVID-19

The United States Medical Electronics Market size was estimated at USD 4,383.30 million in 2020 and expected to reach USD 5,080.51 million in 2021, at a CAGR 13.08% to reach USD 9,169.51 million by 2026.

Market Statistics:
The report provides market sizing and forecast across five major currencies - USD, EUR GBP, JPY, and AUD. It helps organization leaders make better decisions when currency exchange data is readily available. In this report, the years 2018 and 2019 are considered historical years, 2020 as the base year, 2021 as the estimated year, and years from 2022 to 2026 are considered the forecast period.

Market Segmentation & Coverage:
This research report categorizes the Medical Electronics to forecast the revenues and analyze the trends in each of the following sub-markets:

Based on Product Type, the market was studied across Invasive Products and Non-Invasive Products. The Invasive Products is further studied across Endoscopes, Gastric Electric Stimulators, Implantable Cardioverter Defibrillators, Implantable Loop Recorders, Pacemakers, and Spinal Cord Stimulators. The Non-Invasive Products is further studied across Imaging Devices and Monitoring Devices. The Imaging Devices is further studied across CT Scanners, MRI X-Ray Scanners, Nuclear Imaging Systems, and Ultrasound Scanners. The Nuclear Imaging Systems is further studied across PET Scanners and SPECT Scanners. The Monitoring Devices is further studied across Cardiac Monitors, Digital Thermometers, Hemodynamic Monitors, Multipara Monitors, and Respiratory Monitors. The Cardiac Monitors is further studied across Doppler Fetal Monitors, ECG or EKG Monitors, and Heart Rate Monitors. The Hemodynamic Monitors is further studied across Blood Gas Monitors, Blood Glucose Monitors, and Blood Pressure Monitors. The Respiratory Monitors is further studied across Anesthesia Monitors, Continuous Positive Airway Pressure Devices, Pulse Oximeters, and Sleep Apnea Monitors.

Based on Component, the market was studied across Batteries, Displays, Memory Devices, Microprocessors or Microcontrollers, and Sensors. The Batteries is further studied across Alkaline-Manganese Batteries, Lead Acid Batteries, Lithium-Ion Batteries, Nickel-Cadmium Batteries, Nickel-Metal Hydride Batteries, and Zinc-Air Batteries. The Displays is further studied across LED Displays, OLED Displays, and Tft-Lcd Displays. The Memory Devices is further studied across Eprom, Flash Memory, Fram, and Sdram. The Microprocessors or Microcontrollers is further studied across Application-Specific Integrated Circuits, Field-Programmable Gate Arrays, Microcontroller Units, and Microprocessor Units. The Sensors is further studied across Blood Glucose Sensors, Blood Oxygen Sensors, ECG Sensors, Heart Rate Sensors, Motion Sensors, Pressure Sensors, Temperature Sensors, and Touch Sensors.

Based on Application, the market was studied across Diagnostic Radiology, Medical Implants and Endoscopy, and Patient Monitoring.

Based on State, the market was studied across California, Florida, Illinois, New York, Ohio, Pennsylvania, and Texas.

Cumulative Impact of COVID-19:
COVID-19 is an incomparable global public health emergency that has affected almost every industry, and the long-term effects are projected to impact the industry growth during the forecast period. Our ongoing research amplifies our research framework to ensure the inclusion of underlying COVID-19 issues and potential paths forward. The report delivers insights on COVID-19 considering the changes in consumer behavior and demand, purchasing patterns, re-routing of the supply chain, dynamics of current market forces, and the significant interventions of governments. The updated study provides insights, analysis, estimations, and forecasts, considering the COVID-19 impact on the market.

Competitive Strategic Window:
The Competitive Strategic Window analyses the competitive landscape in terms of markets, applications, and geographies to help the vendor define an alignment or fit between their capabilities and opportunities for future growth prospects. It describes the optimal or favorable fit for the vendors to adopt successive merger and acquisition strategies, geography expansion, research & development, and new product introduction strategies to execute further business expansion and growth during a forecast period.

FPNV Positioning Matrix:
The FPNV Positioning Matrix evaluates and categorizes the vendors in the Medical Electronics Market based on Business Strategy (Business Growth, Industry Coverage, Financial Viability, and Channel Support) and Product Satisfaction (Value for Money, Ease of Use, Product Features, and Customer Support) that aids businesses in better decision making and understanding the competitive landscape.

Market Share Analysis:
The Market Share Analysis offers the analysis of vendors considering their contribution to the overall market. It provides the idea of its revenue generation into the overall market compared to other vendors in the space. It provides insights into how vendors are performing in terms of revenue generation and customer base compared to others. Knowing market share offers an idea of the size and competitiveness of the vendors for the base year. It reveals the market characteristics in terms of accumulation, fragmentation, dominance, and amalgamation traits.

Competitive Scenario:
The Competitive Scenario provides an outlook analysis of the various business growth strategies adopted by the vendors. The news covered in this section deliver valuable thoughts at the different stage while keeping up-to-date with the business and engage stakeholders in the economic debate. The competitive scenario represents press releases or news of the companies categorized into Merger & Acquisition, Agreement, Collaboration, & Partnership, New Product Launch & Enhancement, Investment & Funding, and Award, Recognition, & Expansion. All the news collected help vendor to understand the gaps in the marketplace and competitor’s strength and weakness thereby, providing insights to enhance product and service.

Company Usability Profiles:
The report profoundly explores the recent significant developments by the leading vendors and innovation profiles in the United States Medical Electronics Market, including Analog Devices, Inc., Cirtec Medical Corp., Cypress Semiconductor Corporation by Infineon Technologies AG, Innovative Sensor Technology IST AG, Keller AG Druckmesstechnik, Medtronic PLC, Merit Medical Systems, Microchip Technology Inc., Monebo Technologies, Inc., NXP Semiconductors N.V., Renesas Electronics Corporation, Semiconductor Components Industries, LLC, Sensirion AG, STMicroelectronics N.V., TE Connectivity, Tekscan, Inc., and Texas Instruments Incorporated.

The report provides insights on the following pointers:
1. Market Penetration: Provides comprehensive information on the market offered by the key players
2. Market Development: Provides in-depth information about lucrative emerging markets and analyze penetration across mature segments of the markets
3. Market Diversification: Provides detailed information about new product launches, untapped geographies, recent developments, and investments
4. Competitive Assessment & Intelligence: Provides an exhaustive assessment of market shares, strategies, products, certification, regulatory approvals, patent landscape, and manufacturing capabilities of the leading players
5. Product Development & Innovation: Provides intelligent insights on future technologies, R&D activities, and breakthrough product developments

The report answers questions such as:
1. What is the market size and forecast of the United States Medical Electronics Market?
2. What are the inhibiting factors and impact of COVID-19 shaping the United States Medical Electronics Market during the forecast period?
3. Which are the products/segments/applications/areas to invest in over the forecast period in the United States Medical Electronics Market?
4. What is the competitive strategic window for opportunities in the United States Medical Electronics Market?
5. What are the technology trends and regulatory frameworks in the United States Medical Electronics Market?
6. What is the market share of the leading vendors in the United States Medical Electronics Market?
7. What modes and strategic moves are considered suitable for entering the United States Medical Electronics Market?