Global Smart Medical Devices Market to Reach $60.1 Billion by 2030
The global economy is at a critical crossroads with a number of interlocking challenges and crises running in parallel. The uncertainty around how Russia`s war on Ukraine will play out this year and the war`s role in creating global instability means that the trouble on the inflation front is not over yet.
New York, Feb. 07, 2023 (GLOBE NEWSWIRE) — Reportlinker.com announces the release of the report “Global Smart Medical Devices Industry” – https://www.reportlinker.com/p06032911/?utm_source=GNW
Food and fuel inflation will remain a persistent economic problem. Higher retail inflation will impact consumer confidence and spending. As governments combat inflation by raising interest rates, new job creation will slowdown and impact economic activity and growth. Lower capital expenditure is in the offing as companies go slow on investments, held back by inflation worries and weaker demand. With slower growth and high inflation, developed markets seem primed to enter into a recession. Fears of new COVID outbreaks and China’s already uncertain post-pandemic path poses a real risk of the world experiencing more acute supply chain pain and manufacturing disruptions this year. Volatile financial markets, growing trade tensions, stricter regulatory environment and pressure to mainstream climate change into economic decisions will compound the complexity of challenges faced. Year 2023 is expected to be tough year for most markets, investors and consumers. Nevertheless, there is always opportunity for businesses and their leaders who can chart a path forward with resilience and adaptability.
Global Smart Medical Devices Market to Reach $60.1 Billion by 2030
In the changed post COVID-19 business landscape, the global market for Smart Medical Devices estimated at US$24.7 Billion in the year 2022, is projected to reach a revised size of US$60.1 Billion by 2030, growing at aCAGR of 11.8{bf0515afdcaddba073662ceb89fbb62b6b1bf123143c0e06b788e1946e8c353f} over the period 2022-2030. Diagnostics & Monitoring Devices, one of the segments analyzed in the report, is projected to record 11.4{bf0515afdcaddba073662ceb89fbb62b6b1bf123143c0e06b788e1946e8c353f} CAGR and reach US$40 Billion by the end of the analysis period. Taking into account the ongoing post pandemic recovery, growth in the Therapeutic Devices segment is readjusted to a revised 12.5{bf0515afdcaddba073662ceb89fbb62b6b1bf123143c0e06b788e1946e8c353f} CAGR for the next 8-year period.
The U.S. Market is Estimated at $7.4 Billion, While China is Forecast to Grow at 11{bf0515afdcaddba073662ceb89fbb62b6b1bf123143c0e06b788e1946e8c353f} CAGR
The Smart Medical Devices market in the U.S. is estimated at US$7.4 Billion in the year 2022. China, the world`s second largest economy, is forecast to reach a projected market size of US$10.2 Billion by the year 2030 trailing a CAGR of 11{bf0515afdcaddba073662ceb89fbb62b6b1bf123143c0e06b788e1946e8c353f} over the analysis period 2022 to 2030. Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 10.3{bf0515afdcaddba073662ceb89fbb62b6b1bf123143c0e06b788e1946e8c353f} and 9.2{bf0515afdcaddba073662ceb89fbb62b6b1bf123143c0e06b788e1946e8c353f} respectively over the 2022-2030 period. Within Europe, Germany is forecast to grow at approximately 6.4{bf0515afdcaddba073662ceb89fbb62b6b1bf123143c0e06b788e1946e8c353f} CAGR.
Select Competitors (Total 33 Featured)
– Abbott Laboratories
– Apple Inc.
– Dexcom, Inc.
– Everist Genomics
– F.Hoffmann-La Roche Ltd.
– Fitbit, Inc.
– Johnson & Johnson
– Medtronic plc.
– NeuroMetrix, Inc.
– Omron Corporation
– Philips Electronics
– Samsung Electronics Co., Ltd
– Sonova
– Sotera Wireless
– Vital Connect
– Zephyr Technology Corporation
Read the full report: https://www.reportlinker.com/p06032911/?utm_source=GNW
I. METHODOLOGY
II. EXECUTIVE SUMMARY
1. MARKET OVERVIEW
Influencer Market Insights
World Market Trajectories
Impact of Covid-19 and a Looming Global Recession
Smart Medical Devices – Global Key Competitors Percentage
Market Share in 2022 (E)
Competitive Market Presence – Strong/Active/Niche/Trivial for
Players Worldwide in 2022 (E)
2. FOCUS ON SELECT PLAYERS
3. MARKET TRENDS & DRIVERS
4. GLOBAL MARKET PERSPECTIVE
Table 1: World Recent Past, Current & Future Analysis for Smart
Medical Devices by Geographic Region – USA, Canada, Japan,
China, Europe, Asia-Pacific and Rest of World Markets –
Independent Analysis of Annual Sales in US$ Million for Years
2022 through 2030 and {bf0515afdcaddba073662ceb89fbb62b6b1bf123143c0e06b788e1946e8c353f} CAGR
Table 2: World 8-Year Perspective for Smart Medical Devices by
Geographic Region – Percentage Breakdown of Value Sales for
USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of
World Markets for Years 2023 & 2030
Table 3: World Recent Past, Current & Future Analysis for
Diagnostics & Monitoring Devices by Geographic Region – USA,
Canada, Japan, China, Europe, Asia-Pacific and Rest of World
Markets – Independent Analysis of Annual Sales in US$ Million
for Years 2022 through 2030 and {bf0515afdcaddba073662ceb89fbb62b6b1bf123143c0e06b788e1946e8c353f} CAGR
Table 4: World 8-Year Perspective for Diagnostics & Monitoring
Devices by Geographic Region – Percentage Breakdown of Value
Sales for USA, Canada, Japan, China, Europe, Asia-Pacific and
Rest of World for Years 2023 & 2030
Table 5: World Recent Past, Current & Future Analysis for
Therapeutic Devices by Geographic Region – USA, Canada, Japan,
China, Europe, Asia-Pacific and Rest of World Markets –
Independent Analysis of Annual Sales in US$ Million for Years
2022 through 2030 and {bf0515afdcaddba073662ceb89fbb62b6b1bf123143c0e06b788e1946e8c353f} CAGR
Table 6: World 8-Year Perspective for Therapeutic Devices by
Geographic Region – Percentage Breakdown of Value Sales for
USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of
World for Years 2023 & 2030
Table 7: World Recent Past, Current & Future Analysis for
Online by Geographic Region – USA, Canada, Japan, China,
Europe, Asia-Pacific and Rest of World Markets – Independent
Analysis of Annual Sales in US$ Million for Years 2022 through
2030 and {bf0515afdcaddba073662ceb89fbb62b6b1bf123143c0e06b788e1946e8c353f} CAGR
Table 8: World 8-Year Perspective for Online by Geographic
Region – Percentage Breakdown of Value Sales for USA, Canada,
Japan, China, Europe, Asia-Pacific and Rest of World for Years
2023 & 2030
Table 9: World Recent Past, Current & Future Analysis for
Pharmacies by Geographic Region – USA, Canada, Japan, China,
Europe, Asia-Pacific and Rest of World Markets – Independent
Analysis of Annual Sales in US$ Million for Years 2022 through
2030 and {bf0515afdcaddba073662ceb89fbb62b6b1bf123143c0e06b788e1946e8c353f} CAGR
Table 10: World 8-Year Perspective for Pharmacies by Geographic
Region – Percentage Breakdown of Value Sales for USA, Canada,
Japan, China, Europe, Asia-Pacific and Rest of World for Years
2023 & 2030
Table 11: World Recent Past, Current & Future Analysis for
Other Distribution Channels by Geographic Region – USA, Canada,
Japan, China, Europe, Asia-Pacific and Rest of World Markets –
Independent Analysis of Annual Sales in US$ Million for Years
2022 through 2030 and {bf0515afdcaddba073662ceb89fbb62b6b1bf123143c0e06b788e1946e8c353f} CAGR
Table 12: World 8-Year Perspective for Other Distribution
Channels by Geographic Region – Percentage Breakdown of Value
Sales for USA, Canada, Japan, China, Europe, Asia-Pacific and
Rest of World for Years 2023 & 2030
Table 13: World Smart Medical Devices Market Analysis of Annual
Sales in US$ Million for Years 2012 through 2030
III. MARKET ANALYSIS
UNITED STATES
Smart Medical Devices Market Presence – Strong/Active/Niche/
Trivial – Key Competitors in the United States for 2023 (E)
Table 14: USA Recent Past, Current & Future Analysis for Smart
Medical Devices by Product – Diagnostics & Monitoring Devices
and Therapeutic Devices – Independent Analysis of Annual Sales
in US$ Million for the Years 2022 through 2030 and {bf0515afdcaddba073662ceb89fbb62b6b1bf123143c0e06b788e1946e8c353f} CAGR
Table 15: USA 8-Year Perspective for Smart Medical Devices by
Product – Percentage Breakdown of Value Sales for Diagnostics &
Monitoring Devices and Therapeutic Devices for the Years 2023 &
2030
Table 16: USA Recent Past, Current & Future Analysis for Smart
Medical Devices by Distribution Channel – Online, Pharmacies
and Other Distribution Channels – Independent Analysis of
Annual Sales in US$ Million for the Years 2022 through 2030 and
{bf0515afdcaddba073662ceb89fbb62b6b1bf123143c0e06b788e1946e8c353f} CAGR
Table 17: USA 8-Year Perspective for Smart Medical Devices by
Distribution Channel – Percentage Breakdown of Value Sales for
Online, Pharmacies and Other Distribution Channels for the
Years 2023 & 2030
CANADA
Table 18: Canada Recent Past, Current & Future Analysis for
Smart Medical Devices by Product – Diagnostics & Monitoring
Devices and Therapeutic Devices – Independent Analysis of
Annual Sales in US$ Million for the Years 2022 through 2030 and
{bf0515afdcaddba073662ceb89fbb62b6b1bf123143c0e06b788e1946e8c353f} CAGR
Table 19: Canada 8-Year Perspective for Smart Medical Devices
by Product – Percentage Breakdown of Value Sales for
Diagnostics & Monitoring Devices and Therapeutic Devices for
the Years 2023 & 2030
Table 20: Canada Recent Past, Current & Future Analysis for
Smart Medical Devices by Distribution Channel – Online,
Pharmacies and Other Distribution Channels – Independent
Analysis of Annual Sales in US$ Million for the Years 2022
through 2030 and {bf0515afdcaddba073662ceb89fbb62b6b1bf123143c0e06b788e1946e8c353f} CAGR
Table 21: Canada 8-Year Perspective for Smart Medical Devices
by Distribution Channel – Percentage Breakdown of Value Sales
for Online, Pharmacies and Other Distribution Channels for the
Years 2023 & 2030
JAPAN
Smart Medical Devices Market Presence – Strong/Active/Niche/
Trivial – Key Competitors in Japan for 2023 (E)
Table 22: Japan Recent Past, Current & Future Analysis for
Smart Medical Devices by Product – Diagnostics & Monitoring
Devices and Therapeutic Devices – Independent Analysis of
Annual Sales in US$ Million for the Years 2022 through 2030 and
{bf0515afdcaddba073662ceb89fbb62b6b1bf123143c0e06b788e1946e8c353f} CAGR
Table 23: Japan 8-Year Perspective for Smart Medical Devices by
Product – Percentage Breakdown of Value Sales for Diagnostics &
Monitoring Devices and Therapeutic Devices for the Years 2023 &
2030
Table 24: Japan Recent Past, Current & Future Analysis for
Smart Medical Devices by Distribution Channel – Online,
Pharmacies and Other Distribution Channels – Independent
Analysis of Annual Sales in US$ Million for the Years 2022
through 2030 and {bf0515afdcaddba073662ceb89fbb62b6b1bf123143c0e06b788e1946e8c353f} CAGR
Table 25: Japan 8-Year Perspective for Smart Medical Devices by
Distribution Channel – Percentage Breakdown of Value Sales for
Online, Pharmacies and Other Distribution Channels for the
Years 2023 & 2030
CHINA
Smart Medical Devices Market Presence – Strong/Active/Niche/
Trivial – Key Competitors in China for 2023 (E)
Table 26: China Recent Past, Current & Future Analysis for
Smart Medical Devices by Product – Diagnostics & Monitoring
Devices and Therapeutic Devices – Independent Analysis of
Annual Sales in US$ Million for the Years 2022 through 2030 and
{bf0515afdcaddba073662ceb89fbb62b6b1bf123143c0e06b788e1946e8c353f} CAGR
Table 27: China 8-Year Perspective for Smart Medical Devices by
Product – Percentage Breakdown of Value Sales for Diagnostics &
Monitoring Devices and Therapeutic Devices for the Years 2023 &
2030
Table 28: China Recent Past, Current & Future Analysis for
Smart Medical Devices by Distribution Channel – Online,
Pharmacies and Other Distribution Channels – Independent
Analysis of Annual Sales in US$ Million for the Years 2022
through 2030 and {bf0515afdcaddba073662ceb89fbb62b6b1bf123143c0e06b788e1946e8c353f} CAGR
Table 29: China 8-Year Perspective for Smart Medical Devices by
Distribution Channel – Percentage Breakdown of Value Sales for
Online, Pharmacies and Other Distribution Channels for the
Years 2023 & 2030
EUROPE
Smart Medical Devices Market Presence – Strong/Active/Niche/
Trivial – Key Competitors in Europe for 2023 (E)
Table 30: Europe Recent Past, Current & Future Analysis for
Smart Medical Devices by Geographic Region – France, Germany,
Italy, UK and Rest of Europe Markets – Independent Analysis of
Annual Sales in US$ Million for Years 2022 through 2030 and {bf0515afdcaddba073662ceb89fbb62b6b1bf123143c0e06b788e1946e8c353f}
CAGR
Table 31: Europe 8-Year Perspective for Smart Medical Devices
by Geographic Region – Percentage Breakdown of Value Sales for
France, Germany, Italy, UK and Rest of Europe Markets for Years
2023 & 2030
Table 32: Europe Recent Past, Current & Future Analysis for
Smart Medical Devices by Product – Diagnostics & Monitoring
Devices and Therapeutic Devices – Independent Analysis of
Annual Sales in US$ Million for the Years 2022 through 2030 and
{bf0515afdcaddba073662ceb89fbb62b6b1bf123143c0e06b788e1946e8c353f} CAGR
Table 33: Europe 8-Year Perspective for Smart Medical Devices
by Product – Percentage Breakdown of Value Sales for
Diagnostics & Monitoring Devices and Therapeutic Devices for
the Years 2023 & 2030
Table 34: Europe Recent Past, Current & Future Analysis for
Smart Medical Devices by Distribution Channel – Online,
Pharmacies and Other Distribution Channels – Independent
Analysis of Annual Sales in US$ Million for the Years 2022
through 2030 and {bf0515afdcaddba073662ceb89fbb62b6b1bf123143c0e06b788e1946e8c353f} CAGR
Table 35: Europe 8-Year Perspective for Smart Medical Devices
by Distribution Channel – Percentage Breakdown of Value Sales
for Online, Pharmacies and Other Distribution Channels for the
Years 2023 & 2030
FRANCE
Smart Medical Devices Market Presence – Strong/Active/Niche/
Trivial – Key Competitors in France for 2023 (E)
Table 36: France Recent Past, Current & Future Analysis for
Smart Medical Devices by Product – Diagnostics & Monitoring
Devices and Therapeutic Devices – Independent Analysis of
Annual Sales in US$ Million for the Years 2022 through 2030 and
{bf0515afdcaddba073662ceb89fbb62b6b1bf123143c0e06b788e1946e8c353f} CAGR
Table 37: France 8-Year Perspective for Smart Medical Devices
by Product – Percentage Breakdown of Value Sales for
Diagnostics & Monitoring Devices and Therapeutic Devices for
the Years 2023 & 2030
Table 38: France Recent Past, Current & Future Analysis for
Smart Medical Devices by Distribution Channel – Online,
Pharmacies and Other Distribution Channels – Independent
Analysis of Annual Sales in US$ Million for the Years 2022
through 2030 and {bf0515afdcaddba073662ceb89fbb62b6b1bf123143c0e06b788e1946e8c353f} CAGR
Table 39: France 8-Year Perspective for Smart Medical Devices
by Distribution Channel – Percentage Breakdown of Value Sales
for Online, Pharmacies and Other Distribution Channels for the
Years 2023 & 2030
GERMANY
Smart Medical Devices Market Presence – Strong/Active/Niche/
Trivial – Key Competitors in Germany for 2023 (E)
Table 40: Germany Recent Past, Current & Future Analysis for
Smart Medical Devices by Product – Diagnostics & Monitoring
Devices and Therapeutic Devices – Independent Analysis of
Annual Sales in US$ Million for the Years 2022 through 2030 and
{bf0515afdcaddba073662ceb89fbb62b6b1bf123143c0e06b788e1946e8c353f} CAGR
Table 41: Germany 8-Year Perspective for Smart Medical Devices
by Product – Percentage Breakdown of Value Sales for
Diagnostics & Monitoring Devices and Therapeutic Devices for
the Years 2023 & 2030
Table 42: Germany Recent Past, Current & Future Analysis for
Smart Medical Devices by Distribution Channel – Online,
Pharmacies and Other Distribution Channels – Independent
Analysis of Annual Sales in US$ Million for the Years 2022
through 2030 and {bf0515afdcaddba073662ceb89fbb62b6b1bf123143c0e06b788e1946e8c353f} CAGR
Table 43: Germany 8-Year Perspective for Smart Medical Devices
by Distribution Channel – Percentage Breakdown of Value Sales
for Online, Pharmacies and Other Distribution Channels for the
Years 2023 & 2030
ITALY
Table 44: Italy Recent Past, Current & Future Analysis for
Smart Medical Devices by Product – Diagnostics & Monitoring
Devices and Therapeutic Devices – Independent Analysis of
Annual Sales in US$ Million for the Years 2022 through 2030 and
{bf0515afdcaddba073662ceb89fbb62b6b1bf123143c0e06b788e1946e8c353f} CAGR
Table 45: Italy 8-Year Perspective for Smart Medical Devices by
Product – Percentage Breakdown of Value Sales for Diagnostics &
Monitoring Devices and Therapeutic Devices for the Years 2023 &
2030
Table 46: Italy Recent Past, Current & Future Analysis for
Smart Medical Devices by Distribution Channel – Online,
Pharmacies and Other Distribution Channels – Independent
Analysis of Annual Sales in US$ Million for the Years 2022
through 2030 and {bf0515afdcaddba073662ceb89fbb62b6b1bf123143c0e06b788e1946e8c353f} CAGR
Table 47: Italy 8-Year Perspective for Smart Medical Devices by
Distribution Channel – Percentage Breakdown of Value Sales for
Online, Pharmacies and Other Distribution Channels for the
Years 2023 & 2030
UNITED KINGDOM
Smart Medical Devices Market Presence – Strong/Active/Niche/
Trivial – Key Competitors in the United Kingdom for 2023 (E)
Table 48: UK Recent Past, Current & Future Analysis for Smart
Medical Devices by Product – Diagnostics & Monitoring Devices
and Therapeutic Devices – Independent Analysis of Annual Sales
in US$ Million for the Years 2022 through 2030 and {bf0515afdcaddba073662ceb89fbb62b6b1bf123143c0e06b788e1946e8c353f} CAGR
Table 49: UK 8-Year Perspective for Smart Medical Devices by
Product – Percentage Breakdown of Value Sales for Diagnostics &
Monitoring Devices and Therapeutic Devices for the Years 2023 &
2030
Table 50: UK Recent Past, Current & Future Analysis for Smart
Medical Devices by Distribution Channel – Online, Pharmacies
and Other Distribution Channels – Independent Analysis of
Annual Sales in US$ Million for the Years 2022 through 2030 and
{bf0515afdcaddba073662ceb89fbb62b6b1bf123143c0e06b788e1946e8c353f} CAGR
Table 51: UK 8-Year Perspective for Smart Medical Devices by
Distribution Channel – Percentage Breakdown of Value Sales for
Online, Pharmacies and Other Distribution Channels for the
Years 2023 & 2030
REST OF EUROPE
Table 52: Rest of Europe Recent Past, Current & Future Analysis
for Smart Medical Devices by Product – Diagnostics & Monitoring
Devices and Therapeutic Devices – Independent Analysis of
Annual Sales in US$ Million for the Years 2022 through 2030 and
{bf0515afdcaddba073662ceb89fbb62b6b1bf123143c0e06b788e1946e8c353f} CAGR
Table 53: Rest of Europe 8-Year Perspective for Smart Medical
Devices by Product – Percentage Breakdown of Value Sales for
Diagnostics & Monitoring Devices and Therapeutic Devices for
the Years 2023 & 2030
Table 54: Rest of Europe Recent Past, Current & Future Analysis
for Smart Medical Devices by Distribution Channel – Online,
Pharmacies and Other Distribution Channels – Independent
Analysis of Annual Sales in US$ Million for the Years 2022
through 2030 and {bf0515afdcaddba073662ceb89fbb62b6b1bf123143c0e06b788e1946e8c353f} CAGR
Table 55: Rest of Europe 8-Year Perspective for Smart Medical
Devices by Distribution Channel – Percentage Breakdown of Value
Sales for Online, Pharmacies and Other Distribution Channels
for the Years 2023 & 2030
ASIA-PACIFIC
Smart Medical Devices Market Presence – Strong/Active/Niche/
Trivial – Key Competitors in Asia-Pacific for 2023 (E)
Table 56: Asia-Pacific Recent Past, Current & Future Analysis
for Smart Medical Devices by Product – Diagnostics & Monitoring
Devices and Therapeutic Devices – Independent Analysis of
Annual Sales in US$ Million for the Years 2022 through 2030 and
{bf0515afdcaddba073662ceb89fbb62b6b1bf123143c0e06b788e1946e8c353f} CAGR
Table 57: Asia-Pacific 8-Year Perspective for Smart Medical
Devices by Product – Percentage Breakdown of Value Sales for
Diagnostics & Monitoring Devices and Therapeutic Devices for
the Years 2023 & 2030
Table 58: Asia-Pacific Recent Past, Current & Future Analysis
for Smart Medical Devices by Distribution Channel – Online,
Pharmacies and Other Distribution Channels – Independent
Analysis of Annual Sales in US$ Million for the Years 2022
through 2030 and {bf0515afdcaddba073662ceb89fbb62b6b1bf123143c0e06b788e1946e8c353f} CAGR
Table 59: Asia-Pacific 8-Year Perspective for Smart Medical
Devices by Distribution Channel – Percentage Breakdown of Value
Sales for Online, Pharmacies and Other Distribution Channels
for the Years 2023 & 2030
REST OF WORLD
Table 60: Rest of World Recent Past, Current & Future Analysis
for Smart Medical Devices by Product – Diagnostics & Monitoring
Devices and Therapeutic Devices – Independent Analysis of
Annual Sales in US$ Million for the Years 2022 through 2030 and
{bf0515afdcaddba073662ceb89fbb62b6b1bf123143c0e06b788e1946e8c353f} CAGR
Table 61: Rest of World 8-Year Perspective for Smart Medical
Devices by Product – Percentage Breakdown of Value Sales for
Diagnostics & Monitoring Devices and Therapeutic Devices for
the Years 2023 & 2030
Table 62: Rest of World Recent Past, Current & Future Analysis
for Smart Medical Devices by Distribution Channel – Online,
Pharmacies and Other Distribution Channels – Independent
Analysis of Annual Sales in US$ Million for the Years 2022
through 2030 and {bf0515afdcaddba073662ceb89fbb62b6b1bf123143c0e06b788e1946e8c353f} CAGR
Table 63: Rest of World 8-Year Perspective for Smart Medical
Devices by Distribution Channel – Percentage Breakdown of Value
Sales for Online, Pharmacies and Other Distribution Channels
for the Years 2023 & 2030
IV. COMPETITION
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