Asia Pacific medical device market will grow by 8.4% annually with a total addressable market cap of $2.06 trillion over 2023-2032, driven by the prevalence of infectious diseases as well as the increasing prevalence of chronic diseases, technological innovation, and penetration of healthcare insurance.
Highlighted with 102 tables and 70 figures, this 207-page report "Asia Pacific Medical Device Market 2022-2032 by Category (Diagnostic, Consumables, Patient Aids, Orthopaedics, Dental, Others), Application (Imaging, IVDs, Cardiology, Orthopedics, Ophthalmics, Respiratory), End User (Hospitals, Clinics, Household), and Country: Trend Forecast and Growth Opportunity" is based on a comprehensive research of the entire Asia Pacific medical device market and all its sub-segments through extensively detailed classifications. Profound analysis and assessment are generated from premium primary and secondary information sources with inputs derived from industry professionals across the value chain. The report is based on studies on 2020-2022 and provides forecast from 2023 till 2032 with 2022 as the base year. (Please note: The report will be updated before delivery so that the latest historical year is the base year and the forecast covers at least 5 years over the base year.)
In-depth qualitative analyses include identification and investigation of the following aspects:
• Market Structure
• Growth Drivers
• Restraints and Challenges
• Emerging Product Trends & Market Opportunities
• Porter's Fiver Forces
The trend and outlook of Asia Pacific market is forecast in optimistic, balanced, and conservative view by taking into account of COVID-19 and Ukraine-Russia conflict. The balanced (most likely) projection is used to quantify Asia Pacific medical device market in every aspect of the classification from perspectives of Category, Application, End User, and Country.
Based on Category, the Asia Pacific market is segmented into the following sub-markets with annual revenue ($ bn) for 2022-2032 included in each section.
• Diagnostic Devices
o Electrodiagnostic Devices (further segmented into Ultrasound Systems, Magnetic Resonance Imaging (MRI), Electrocardiographs, Scintigraphic Apparatus, Other Electrodiagnostic Devices)
o Radiation Devices (further segmented into CT Scanners; Other Medical X-ray Apparatus; A, B, C Ray Apparatus)
o Imaging Parts & Accessories (further segmented into Contrast Media, X-ray Tubes, Medical X-ray Film, Other Imaging Parts & Accessories)
• Consumables
o Syringes, Needles & Catheters (further segmented into Syringes (with/without needles), Tubular Metal Needles/Needles for Sutures, Others)
o Bandages & Dressings (further segmented into Adhesive Medical Dressings and Non-adhesive Medical Dressings)
o Suturing Materials
o Other Consumables (further segmented into Surgical Gloves, Ostomy Products, Blood-Grouping Reagents, First-aid Boxes & Kits)
• Patient Aids
o Portable Aids (further segmented into Hearing Aids, Pacemakers, Other Portable Aids)
o Therapeutic Applications (further segmented into Therapeutic Respiration Devices and Mechano-Therapy Devices)
• Orthopaedics and Prosthetics
o Fixation Devices
o Artificial Joints
o Other Artificial Body Parts
• Dental Products
o Dental Instrument & Supplies (further segmented into Dental Instruments, Dental Cements, Teeth & Other Fittings)
o Dental Capital Equipment (further segmented into Dental Drills, Dental Chairs, Dental X-ray)
• Other Medical Device Categories
o Ophthalmic Instruments
o Hospital Furniture
o Wheelchairs
o Medical & Surgical Sterilisers
o Ultra-violet or Infra-red Ray Apparatus
o Other Instruments & Appliances
Based on Application, the Asia Pacific market is segmented into the following sub-markets with annual revenue ($ bn) for 2022-2032 included in each section.
• Diagnostic Imaging Devices
• In Vitro Diagnostics (IVDs)
• Cardiology
• Orthopedics
• Ophthalmics
• Respiratory
• Urology & Gynecology
• General and Plastic Surgery
• Endoscopy
• Dental
• Diabetic Care
• Wound Management
• Nephrology
• General Hospital and Healthcare
• Ear, Nose and Throat
• Neurology
• Robotics Navigation
• Other Applications
Based on End User, the Asia Pacific market is segmented into the following sub-markets with annual revenue ($ bn) for 2022-2032 included in each section.
• Hospitals & Surgical Centers
• Clinics
• Household
• Other End Users
Geographically, the following national/local markets are fully investigated:
• Japan
• China
• South Korea
• Australia
• India
• Rest of APAC (further segmented into Malaysia, Singapore, Indonesia, Thailand, New Zealand, Vietnam, Taiwan, and Philippines)
For each key country, detailed analysis and annual revenue ($ mn) are available for 2022-2032. The breakdown of national markets by Application and End User over the forecast years are also included.
The report also covers the current competitive scenario and the predicted trend; and profiles key vendors including market leaders and important emerging players.
Key Players (this may not be a complete list and extra companies can be added upon request):
3M Co.
Abbott Laboratories
Allergan Inc.
Baxter International Inc.
Bayer
Becton, Dickinson and Co.
Boston Scientific Corp.
Cardinal Health Inc.
Covidien plc
Cryolife Inc.
Danaher
Depuy Synthes
Endologix, Inc.
Essilor International SA
Fresenius Medical Care AG & Co. KGAA
GE Healthcare
Getinge Ab
Johnson & Johnson
Koninklijke Philips NV
Medtronic Inc.
Novartis AG
Olympus Corp.
Roche Diagnostics
Siemens Healthcare
Smith & Nephew PLC
Smiths Medical
St. Jude Medical Inc.
Stryker Corp.
Terumo Corp.
Thermo Fisher Scientific
Zimmer Holdings Inc.
(Please note: The report will be updated before delivery so that the latest historical year is the base year and the forecast covers at least 5 years over the base year.)
1 Introduction 10
1.1 Industry Definition and Research Scope 10
1.1.1 Industry Definition 10
1.1.2 Research Scope 11
1.2 Research Methodology 14
1.2.1 Overview of Market Research Methodology 14
1.2.2 Market Assumption 15
1.2.3 Secondary Data 15
1.2.4 Primary Data 15
1.2.5 Data Filtration and Model Design 16
1.2.6 Market Size/Share Estimation 17
1.2.7 Research Limitations 18
1.3 Executive Summary 19
2 Market Overview and Dynamics 22
2.1 Market Size and Forecast 22
2.1.1 Impact of COVID-19 on World Economy 23
2.1.2 Impact of COVID-19 on the Market 26
2.1.3 Impact of Russia-Ukraine Conflict: War Slows Economic Recovery 28
2.2 Major Growth Drivers 32
2.3 Market Restraints and Challenges 39
2.4 Emerging Opportunities and Market Trends 42
2.5 Porter's Fiver Forces Analysis 46
3 Segmentation of Asia Pacific Market by Category 50
3.1 Market Overview by Category 50
3.2 Diagnostic Devices 52
3.2.1 Electrodiagnostic Devices 53
3.2.2 Radiation Devices 54
3.2.3 Imaging Parts & Accessories 56
3.3 Consumables 58
3.3.1 Syringes, Needles & Catheters 59
3.3.2 Bandages & Dressings 60
3.3.3 Suturing Materials 61
3.3.4 Other Consumables 62
3.4 Patient Aids 64
3.4.1 Portable Aids 65
3.4.2 Therapeutic Applications 67
3.5 Orthopaedics and Prosthetics 68
3.5.1 Fixation Devices 69
3.5.2 Artificial Joints 70
3.5.3 Other Artificial Body Parts 71
3.6 Dental Products 72
3.6.1 Dental Instrument & Supplies 73
3.6.2 Dental Capital Equipment 75
3.7 Other Medical Device Categories 76
4 Segmentation of Asia Pacific Market by Application 78
4.1 Market Overview by Application 78
4.2 Diagnostic Imaging Devices 80
4.3 In Vitro Diagnostics (IVDs) 81
4.4 Cardiology 82
4.5 Orthopedics 83
4.6 Ophthalmics 84
4.7 Respiratory 85
4.8 Urology & Gynecology 86
4.9 General and Plastic Surgery 87
4.10 Endoscopy 88
4.11 Dental 89
4.12 Diabetic Care 90
4.13 Wound Management 91
4.14 Nephrology 92
4.15 General Hospital and Healthcare 93
4.16 Ear, Nose and Throat 94
4.17 Neurology 95
4.18 Robotics Navigation 96
4.19 Other Applications 97
5 Segmentation of Asia Pacific Market by End User 98
5.1 Market Overview by End User 98
5.2 Hospitals & Surgical Centers 100
5.3 Clinics 101
5.4 Household 102
5.5 Other End Users 103
6 Asia-Pacific Market 2022-2032 by Country 104
6.1 Overview of Asia-Pacific Market 104
6.2 Japan 107
6.3 China 110
6.4 Australia 112
6.5 India 115
6.6 South Korea 117
6.7 Rest of APAC Region 119
7 Competitive Landscape 121
7.1 Overview of Key Vendors 121
7.2 New Product Launch, Partnership, Investment, and M&A 125
7.3 Company Profiles 126
3M Co. 126
Abbott Laboratories 128
Allergan plc 133
Baxter International Inc. 134
Bayer 137
B Braun Melsungen Ag 140
Becton, Dickinson and Co. 143
Boston Scientific Corp. 146
Cardinal Health Inc. 149
Covidien plc 152
Cryolife Inc. 153
Danaher 155
Depuy Synthes 158
Endologix, Inc. 160
Essilor Luxottica S.A. 162
Fresenius Kabi Ag 163
General Electric Co. (GE Healthcare) 166
Getinge Ab 169
Johnson & Johnson 171
Koninklijke Philips NV 174
Medtronic Inc. 178
Novartis AG 181
Olympus Corp. 184
Roche Diagnostics 187
Siemens Healthineers 190
Smith & Nephew PLC 192
Smiths Medical 194
St. Jude Medical Inc. 196
Stryker Corp. 197
Terumo Corp. 200
Thermo Fisher Scientific 201
Zimmer Holdings Inc. 204
Related Reports and Products 207
The Medical Waste Delivery Robot Market is set to witness immense growth during the forecast period 2024-2031. This intelligence report offers an in-depth analysis of the market size, share, growth, opportunity, competitive landscape, manufa...
The Medical Record Quality Control System Market is set to witness immense growth during the forecast period 2024-2031. This intelligence report offers an in-depth analysis of the market size, share, growth, opportunity, competitive landscap...
The Medical Equipment Repair and Maintenance Services Market is set to witness immense growth during the forecast period 2024-2031. This intelligence report offers an in-depth analysis of the market size, share, growth, opportunity, competit...
The Medical Device Injection Molding Service Market is set to witness immense growth during the forecast period 2024-2031. This intelligence report offers an in-depth analysis of the market size, share, growth, opportunity, competitive lands...
The Comprehensive Medical Escort Service Market is set to witness immense growth during the forecast period 2024-2031. This intelligence report offers an in-depth analysis of the market size, share, growth, opportunity, competitive landscape...
The Medical Communication Services Market is set to witness immense growth during the forecast period 2024-2031. This intelligence report offers an in-depth analysis of the market size, share, growth, opportunity, competitive landscape, manu...
The Aviation Emergency Medical Services Market is set to witness immense growth during the forecast period 2024-2031. This intelligence report offers an in-depth analysis of the market size, share, growth, opportunity, competitive landscape,...
The Rehabilitation Medical Information Management System Market is set to witness immense growth during the forecast period 2024-2031. This intelligence report offers an in-depth analysis of the market size, share, growth, opportunity, compe...
The Rehabilitation Medical Services Market is set to witness immense growth during the forecast period 2024-2031. This intelligence report offers an in-depth analysis of the market size, share, growth, opportunity, competitive landscape, man...
The Medical Device Injection Molding Market is set to witness immense growth during the forecast period 2024-2031. This intelligence report offers an in-depth analysis of the market size, share, growth, opportunity, competitive landscape, ma...