Asia Pacific, the medical devices market, is anticipated to reach US$ 1,46,161.68 Mn in 2027 from US$ 82,801.96 Mn in 2019. The market is projected to grow with a CAGR of 7.4% from 2020-2027.
The medical devices market is growing primarily due to the growing medical device industry. Restraining factor such as challenges in medical device industry, is likely to damage the growth of the market in the coming years. On the other hand, rising government support on medical technologies is expected to have a positive impact on the growth of the Asia Pacific medical devices market in the coming years.
Investments for medical research and development activities is on rise across the world. For instance, in February 2017, the Association of Indian Medical Device Industry (AiMeD) and Invest India signed a memorandum of understanding (MoU) to transform India into a global medical device manufacturing hub.
Also, in August 2019, China’s National Medical Products Administration (the “NMPA”) announced the expansion of the current medical device MAH pilot program from Shanghai, Beijing, Guangdong, and Tianjin to 21 cities and provinces. The program allows Medtech companies to allocate R&D and manufacturing activities across pilot cities and provinces. For instance, an R&D center in Shanghai holding the regulatory approval and IP of a device can outsource its manufacturing activities to neighboring areas—such as Jiangsu and Zhejiang—that have stronger manufacturing capacity. Thus, the growing government support for medical technologies is likely to favour the market growth.
In 2019, the Japan accounted for the largest market share in Asia Pacific medical devices market and expected to grow at a significant pace over the forecast period. Growth in the Japan medical devices market can be attributed towards significantly rising artificial intelligence for medical technology. Moreover, the growth in telemedicine, home care medical devices, and solutions that enable early diagnosis of cancer help to increase the market for medical devices in the country. Hence, considering the mentioned factors, the medical devices market is expected to grow at a significant pace in China during the forecast period.
Rest of Asia Pacific Medical Devices Market Revenue and Forecasts to 2027 (US$ Mn)
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ASIA PACIFIC ANIMAL HEALTH – 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
- Neurological Devices
- Ophthalmology Devices
- In-Vitro Diagnostic Devices
- Endoscopy Devices
- Others
By Function
- Diagnostic and Monitoring
- Therapeutics
- Surgical
- Others
By End User
- 8Homecare Medical Devices
- Hospital Medical Devices
- Ambulatory Care Medical Devices
- Others
By Geography
Asia Pacific
- China
- Japan
- India
- Australia
- South Korea
- Indonesia
- Singapore
- Malaysia
- Taiwan
- Myanmar
- Thailand
- Philippines
- Vietnam
- New Zealand
- Sri Lanka
- Nepal
- Cambodia
- Pakistan
- Rest of Asia Pacific
Company Profiles
- 3M
- Braun Melsungen AG
- Boston Scientific Corporation
- Abbott
- Medtronic
- General Electric Company
- Stryker Corporation
- Koninklijke Philips N.V
- Siemens AG
- Johnson and Johnson Services, Inc
Report Coverage
Revenue forecast, Company Analysis, Industry landscape, Growth factors, and Trends
Segment Covered
Product Type Devices, Function, End User, Country
Regional Scope
North America, Europe, Asia Pacific, Middle East & Africa, South & Central America
Country Scope
Australia, Cambodia, China, India, Indonesia, Japan, Malaysia, Myanmar, Nepal, New Zealand, Pakistan, Philippines, Singapore, South Korea, Sri Lanka, Taiwan, Thailand, Vietnam
1. Introduction
1.1 Scope of the Study
1.2 The Insight Partners Research Report Guidance
1.3 Market Segmentation
1.3.1 Asia Pacific Medical Devices Market – By Product Type
1.3.2 Asia Pacific Medical Devices Market – By Function
1.3.3 Asia Pacific Medical Devices Market – By End User
1.3.4 Asia Pacific Medical Devices Market – By Country
2. Asia Pacific Medical Devices Market – Key Takeaways
3. Research Methodology
3.1 Coverage
3.2 Secondary Research
3.3 Primary Research
4. Asia Pacific Medical Devices Market Landscape
4.1 Overview
4.2 PEST Analysis
4.2.1 Asia Pacific Medical Devices Market - Asia Pacific PEST Analysis
4.3 Expert Opinion
5. Asia Pacific Medical Devices Key Market Dynamics
5.1 Key Market Drivers
5.1.1 Growing Medical Device Industry
5.1.2 Increase Demand for Imaging and Diagnostic Equipment:
5.2 Key Restraints
5.2.1 Challenges in Medical Device Industry
5.3 Key Market Opportunities
5.3.1 Rising Government Support on Medical Technologies
5.4 Future Trend
5.4.1 Smart Medical Devices Revolutionising Medical Device Industry
5.5 Impact Analysis
6. Medical Devices Market – Asia Pacific Analysis
6.1 Asia Pacific Medical Devices Market Revenue Forecasts and Analysis
6.2 Market Positioning
7. 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
7.3.3.1 Overview
7.3.3.2 Electrosurgical Generators: Medical Devices Market– Revenue and Forecast to 2027 (US$ Million)
7.3.4 Ultrasonic Surgical Generators
7.3.4.1 Overview
7.3.4.2 Ultrasonic Surgical Generators: Medical Devices Market– Revenue and Forecast to 2027 (US$ Million)
7.3.5 Minimally Invasive Surgery Instruments
7.3.5.1 Overview
7.3.5.2 Minimally Invasive Surgery Instruments: Medical Devices Market– Revenue and Forecast to 2027 (US$ Million)
7.3.6 Others
7.3.6.1 Overview
7.3.6.2 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 In-Vitro Diagnostic Devices
7.9.1 Overview
7.9.2 In-Vitro Diagnostic Devices: Medical Devices Market – Revenue and Forecast to 2027 (US$ Million)
7.10 Endoscopy Devices
7.10.1 Overview
7.10.2 Endoscopy Devices: Medical Devices Market – Revenue and Forecast to 2027 (US$ Million)
7.11 Others
7.11.1 Overview
7.11.2 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 Revenue and Forecasts To 2027 – Geographical Analysis
10.1 Asia Pacific Medical Devices Market Revenue and Forecasts to 2027
10.1.1 Overview
10.1.2 Asia Pacific: Medical Devices Market - Revenue and Forecast to 2027 (USD Million)
10.1.3 Asia Pacific: Medical Devices Market, by Product Type – Revenue and Forecast to 2027 (USD Million)
10.1.4 Asia Pacific: Medical Devices Market, by Surgical Devices – Revenue and Forecast to 2027 (USD Million)
10.1.5 Asia Pacific: Medical Devices Market, by Function – Revenue and Forecast to 2027 (USD Million)
10.1.6 Asia Pacific: Medical Devices Market, End User – Revenue and Forecast to 2027 (USD Million)
10.1.7 Asia Pacific: Medical Devices Market, by Country, 2019 & 2027 (%)
10.1.8 China: Medical Devices Market – Revenue and Forecast to 2027 (USD Million)
10.1.8.1 China: Medical Devices Market – Revenue and Forecast to 2027 (USD Million)
10.1.8.2 China: Medical Devices Market, by Product Type – Revenue and Forecast to 2027 (USD Million)
10.1.8.2.1 China: Medical Devices Market, by Surgical Devices – Revenue and Forecast to 2027 (USD Million)
10.1.8.3 China: Medical Devices Market, by Function– Revenue and Forecast to 2027 (USD Million)
10.1.8.4 China: Medical Devices Market, End User – Revenue and Forecast to 2027 (USD Million)
10.1.9 Japan: Medical Devices Market – Revenue and Forecast to 2027 (USD Million)
10.1.9.1 Japan: Medical Devices Market – Revenue and Forecast to 2027 (USD Million)
10.1.9.2 Japan: Medical Devices Market, by Product Type – Revenue and Forecast to 2027 (USD Million)0
10.1.9.2.1 Japan: Medical Devices Market, by Surgical Devices – Revenue and Forecast to 2027 (USD Million)1
10.1.9.3 Japan: Medical Devices Market, by Function– Revenue and Forecast to 2027 (USD Million)1
10.1.9.4 Japan: Medical Devices Market, End User – Revenue and Forecast to 2027 (USD Million)2
10.1.10 India: Medical Devices Market – Revenue and Forecast to 2027 (USD Million)3
10.1.10.1 India: Medical Devices Market – Revenue and Forecast to 2027 (USD Million)4
10.1.10.2 India: Medical Devices Market, by Product Type – Revenue and Forecast to 2027 (USD Million)5
10.1.10.2.1 India: Medical Devices Market, by Surgical Devices – Revenue and Forecast to 2027 (USD Million)6
10.1.10.3 India: Medical Devices Market, by Function– Revenue and Forecast to 2027 (USD Million)6
10.1.10.4 India: Medical Devices Market, End User – Revenue and Forecast to 2027 (USD Million)7
10.1.11 Australia: Medical Devices Market – Revenue and Forecast to 2027 (USD Million)8
10.1.11.1 Australia: Medical Devices Market – Revenue and Forecast to 2027 (USD Million)8
10.1.11.2 Australia: Medical Devices Market, by Product Type – Revenue and Forecast to 2027 (USD Million)9
10.1.11.2.1 Australia: Medical Devices Market, by Surgical Devices – Revenue and Forecast to 2027 (USD Million)0
10.1.11.3 Australia: Medical Devices Market, by Function– Revenue and Forecast to 2027 (USD Million)0
10.1.11.4 Australia: Medical Devices Market, End User – Revenue and Forecast to 2027 (USD Million)1
10.1.12 South Korea: Medical Devices Market – Revenue and Forecast to 2027 (USD Million)2
10.1.12.1 South Korea: Medical Devices Market – Revenue and Forecast to 2027 (USD Million)3
10.1.12.2 South Korea: Medical Devices Market, by Product Type – Revenue and Forecast to 2027 (USD Million)4
10.1.12.2.1 South Korea: Medical Devices Market, by Surgical Devices – Revenue and Forecast to 2027 (USD Million)5
10.1.12.3 South Korea: Medical Devices Market, by Function– Revenue and Forecast to 2027 (USD Million)5
10.1.12.4 South Korea: Medical Devices Market, End User – Revenue and Forecast to 2027 (USD Million)6
10.1.13 Indonesia: Medical Devices Market – Revenue and Forecast to 2027 (USD Million)7
10.1.13.1 Indonesia: Medical Devices Market – Revenue and Forecast to 2027 (USD Million)7
10.1.13.2 Indonesia: Medical Devices Market, by Product Type – Revenue and Forecast to 2027 (USD Million)8
10.1.13.2.1 Indonesia: Medical Devices Market, by Surgical Devices – Revenue and Forecast to 2027 (USD Million)9
10.1.13.3 Indonesia: Medical Devices Market, by Function– Revenue and Forecast to 2027 (USD Million)9
10.1.13.4 Indonesia: Medical Devices Market, End User – Revenue and Forecast to 2027 (USD Million)0
10.1.14 Singapore: Medical Devices Market – Revenue and Forecast to 2027 (USD Million)1
10.1.14.1 Singapore: Medical Devices Market – Revenue and Forecast to 2027 (USD Million)2
10.1.14.2 Singapore: Medical Devices Market, by Product Type – Revenue and Forecast to 2027 (USD Million)3
10.1.14.2.1 Singapore: Medical Devices Market, by Surgical Devices – Revenue and Forecast to 2027 (USD Million)4
10.1.14.3 Singapore: Medical Devices Market, by Function– Revenue and Forecast to 2027 (USD Million)4
10.1.14.4 Singapore: Medical Devices Market, End User – Revenue and Forecast to 2027 (USD Million)5
10.1.15 Malaysia: Medical Devices Market – Revenue and Forecast to 2027 (USD Million)6
10.1.15.1 Malaysia: Medical Devices Market – Revenue and Forecast to 2027 (USD Million)7
10.1.15.2 Malaysia: Medical Devices Market, by Product Type – Revenue and Forecast to 2027 (USD Million)8
10.1.15.2.1 Malaysia: Medical Devices Market, by Surgical Devices – Revenue and Forecast to 2027 (USD Million)9
10.1.15.3 Malaysia: Medical Devices Market, by Function– Revenue and Forecast to 2027 (USD Million)9
10.1.15.4 Malaysia: Medical Devices Market, End User – Revenue and Forecast to 2027 (USD Million)0
10.1.16 Taiwan: Medical Devices Market – Revenue and Forecast to 2027 (USD Million)1
10.1.16.1 Taiwan: Medical Devices Market – Revenue and Forecast to 2027 (USD Million)1
10.1.16.2 Taiwan: Medical Devices Market, by Product Type – Revenue and Forecast to 2027 (USD Million)2
10.1.16.2.1 Taiwan: Medical Devices Market, by Surgical Devices – Revenue and Forecast to 2027 (USD Million)3
10.1.16.3 Taiwan: Medical Devices Market, by Function– Revenue and Forecast to 2027 (USD Million)3
10.1.16.4 Taiwan: Medical Devices Market, End User – Revenue and Forecast to 2027 (USD Million)4
10.1.17 Myanmar: Medical Devices Market – Revenue and Forecast to 2027 (USD Million)5
10.1.17.1 Myanmar: Medical Devices Market – Revenue and Forecast to 2027 (USD Million)6
10.1.17.2 Myanmar: Medical Devices Market, by Product Type – Revenue and Forecast to 2027 (USD Million)7
10.1.17.2.1 Myanmar: Medical Devices Market, by Surgical Devices – Revenue and Forecast to 2027 (USD Million)8
10.1.17.3 Myanmar: Medical Devices Market, by Function– Revenue and Forecast to 2027 (USD Million)8
10.1.17.4 Myanmar: Medical Devices Market, End User – Revenue and Forecast to 2027 (USD Million)9
10.1.18 Thailand: Medical Devices Market – Revenue and Forecast to 2027 (USD Million)0
10.1.18.1 Thailand: Medical Devices Market – Revenue and Forecast to 2027 (USD Million)1
10.1.18.2 Thailand: Medical Devices Market, by Product Type – Revenue and Forecast to 2027 (USD Million)2
10.1.18.2.1 Thailand: Medical Devices Market, by Surgical Devices – Revenue and Forecast to 2027 (USD Million)3
10.1.18.3 Thailand: Medical Devices Market, by Function– Revenue and Forecast to 2027 (USD Million)3
10.1.18.4 Thailand: Medical Devices Market, End User – Revenue and Forecast to 2027 (USD Million)4
10.1.19 Philippines: Medical Devices Market – Revenue and Forecast to 2027 (USD Million)5
10.1.19.1 Philippines: Medical Devices Market – Revenue and Forecast to 2027 (USD Million)6
10.1.19.2 Philippines: Medical Devices Market, by Product Type – Revenue and Forecast to 2027 (USD Million)7
10.1.19.2.1 Philippines: Medical Devices Market, by Surgical Devices – Revenue and Forecast to 2027 (USD Million)8
10.1.19.3 Philippines: Medical Devices Market, by Function– Revenue and Forecast to 2027 (USD Million)8
10.1.19.4 Philippines: Medical Devices Market, End User – Revenue and Forecast to 2027 (USD Million)9
10.1.20 Vietnam: Medical Devices Market – Revenue and Forecast to 2027 (USD Million)0
10.1.20.1 Vietnam: Medical Devices Market – Revenue and Forecast to 2027 (USD Million)1
10.1.20.2 Vietnam: Medical Devices Market, by Product Type – Revenue and Forecast to 2027 (USD Million)2
10.1.20.2.1 Vietnam: Medical Devices Market, by Surgical Devices – Revenue and Forecast to 2027 (USD Million)3
10.1.20.3 Vietnam: Medical Devices Market, by Function– Revenue and Forecast to 2027 (USD Million)3
10.1.20.4 Vietnam: Medical Devices Market, End User – Revenue and Forecast to 2027 (USD Million)4
10.1.21 New Zealand: Medical Devices Market – Revenue and Forecast to 2027 (USD Million)5
10.1.21.1 New Zealand: Medical Devices Market – Revenue and Forecast to 2027 (USD Million)6
10.1.21.2 New Zealand: Medical Devices Market, by Product Type – Revenue and Forecast to 2027 (USD Million)7
10.1.21.2.1 New Zealand: Medical Devices Market, by Surgical Devices – Revenue and Forecast to 2027 (USD Million)8
10.1.21.3 New Zealand: Medical Devices Market, by Function– Revenue and Forecast to 2027 (USD Million)8
10.1.21.4 New Zealand: Medical Devices Market, End User – Revenue and Forecast to 2027 (USD Million)9
10.1.22 Sri Lanka: Medical Devices Market – Revenue and Forecast to 2027 (USD Million)0
10.1.22.1 Sri Lanka: Medical Devices Market – Revenue and Forecast to 2027 (USD Million)1
10.1.22.2 Sri Lanka: Medical Devices Market, by Product Type – Revenue and Forecast to 2027 (USD Million)2
10.1.22.2.1 Sri Lanka: Medical Devices Market, by Surgical Devices – Revenue and Forecast to 2027 (USD Million)3
10.1.22.3 Sri Lanka: Medical Devices Market, by Function– Revenue and Forecast to 2027 (USD Million)3
10.1.22.4 Sri Lanka: Medical Devices Market, End User – Revenue and Forecast to 2027 (USD Million)4
10.1.23 Nepal: Medical Devices Market – Revenue and Forecast to 2027 (USD Million)5
10.1.23.1 Nepal: Medical Devices Market – Revenue and Forecast to 2027 (USD Million)6
10.1.23.2 Nepal: Medical Devices Market, by Product Type – Revenue and Forecast to 2027 (USD Million)7
10.1.23.2.1 Nepal: Medical Devices Market, by Surgical Devices – Revenue and Forecast to 2027 (USD Million)8
10.1.23.3 Nepal: Medical Devices Market, by Function– Revenue and Forecast to 2027 (USD Million)8
10.1.23.4 Nepal: Medical Devices Market, End User – Revenue and Forecast to 2027 (USD Million)9
10.1.24 Cambodia: Medical Devices Market – Revenue and Forecast to 2027 (USD Million)0
10.1.24.1 Cambodia: Medical Devices Market – Revenue and Forecast to 2027 (USD Million)1
10.1.24.2 Cambodia: Medical Devices Market, by Product Type – Revenue and Forecast to 2027 (USD Million)2
10.1.24.2.1 Cambodia: Medical Devices Market, by Surgical Devices – Revenue and Forecast to 2027 (USD Million)3
10.1.24.3 Cambodia: Medical Devices Market, by Function– Revenue and Forecast to 2027 (USD Million)3
10.1.24.4 Cambodia: Medical Devices Market, End User – Revenue and Forecast to 2027 (USD Million)4
10.1.25 Pakistan: Medical Devices Market – Revenue and Forecast to 2027 (USD Million)5
10.1.25.1 Pakistan: Medical Devices Market – Revenue and Forecast to 2027 (USD Million)6
10.1.25.2 Pakistan: Medical Devices Market, by Product Type – Revenue and Forecast to 2027 (USD Million)7
10.1.25.2.1 Pakistan: Medical Devices Market, by Surgical Devices – Revenue and Forecast to 2027 (USD Million)8
10.1.25.3 Pakistan: Medical Devices Market, by Function– Revenue and Forecast to 2027 (USD Million)8
10.1.25.4 Pakistan: Medical Devices Market, End User – Revenue and Forecast to 2027 (USD Million)9
10.1.26 Rest of Asia Pacific: Medical Devices Market – Revenue and Forecast to 2027 (USD Million)0
10.1.26.1 Rest of Asia Pacific: Medical Devices Market – Revenue and Forecast to 2027 (USD Million)1
10.1.26.2 Rest of Asia Pacific: Medical Devices Market, by Product Type – Revenue and Forecast to 2027 (USD Million)2
10.1.26.2.1 Rest of Asia Pacific: Medical Devices Market, by Surgical Devices – Revenue and Forecast to 2027 (USD Million)3
10.1.26.3 Rest of Asia Pacific: Medical Devices Market, by Function– Revenue and Forecast to 2027 (USD Million)3
10.1.26.4 Rest of Asia Pacific: Medical Devices Market, End User – Revenue and Forecast to 2027 (USD Million)4
11. Impact of COVID-19 Pandemic on Global Medical Devices Market5
11.1 Asia Pacific: Impact Assessment of COVID-19 Pandemic5
12. Medical Devices Market – Industry Landscape6
12.1 Overview6
12.2 Growth Strategies Done by the Companies in the Market, (%)6
12.3 Organic Developments7
12.3.1 Overview7
12.4 Inorganic Developments1
12.4.1 Overview1
13. Company Profiles3
13.1 Medtronic3
13.1.1 Key Facts3
13.1.2 Business Description3
13.1.3 Products and Services4
13.1.4 Financial Overview5
13.1.5 SWOT Analysis9
13.1.6 Key Developments0
13.2 Abbott1
13.2.1 Key Facts1
13.2.2 Business Description1
13.2.3 Products and Services2
13.2.4 Financial Overview3
13.2.5 SWOT Analysis5
13.2.6 Key Developments6
13.3 Boston Scientific Corporation7
13.3.1 Key Facts7
13.3.2 Business Description7
13.3.3 Products and Services8
13.3.4 Financial Overview9
13.3.5 SWOT Analysis2
13.3.6 Key Developments3
13.4 Braun Melsungen AG4
13.4.1 Key Facts4
13.4.2 Business Description4
13.4.3 Products and Services5
13.4.4 Financial Overview6
13.4.5 SWOT Analysis9
13.4.6 Key Developments0
13.5 3M1
13.5.1 Key Facts1
13.5.2 Business Description1
13.5.3 Products and Services2
13.5.4 Financial Overview2
13.5.5 SWOT Analysis5
13.5.6 Key Developments5
13.6 General Electric Company6
13.6.1 Key Facts6
13.6.2 Business Description6
13.6.3 Products and Services7
13.6.4 Financial Overview8
13.6.5 SWOT Analysis1
13.6.6 Key Developments1
13.7 Stryker Corporation2
13.7.1 Key Facts2
13.7.2 Business Description2
13.7.3 Products and Services3
13.7.4 Financial Overview4
13.7.5 SWOT Analysis8
13.7.6 Key Developments8
13.8 Koninklijke Philips N.V.0
13.8.1 Key Facts0
13.8.2 Business Description0
13.8.3 Products and Services1
13.8.4 Financial Overview1
13.8.5 SWOT Analysis4
13.8.6 Key Developments4
13.9 Siemens AG5
13.9.1 Key Facts5
13.9.2 Business Description5
13.9.3 Products and Services6
13.9.4 Financial Overview6
13.9.5 SWOT Analysis9
13.9.6 Key Developments0
13.10 Johnson and Johnson Services, Inc.1
13.10.1 Key Facts1
13.10.2 Business Description1
13.10.3 Products and Services2
13.10.4 Financial Overview3
13.10.5 SWOT Analysis5
13.10.6 Key Developments5
14. Appendix6
14.1 About The Insight Partners6
14.2 Glossary of Terms7
LIST OF TABLES
Table 1. Asia Pacific: Medical Devices Market, by Product Type – Revenue and Forecast to 2027 (USD Million)
Table 2. Asia Pacific: Medical Devices Market, by Surgical Devices – Revenue and Forecast to 2027 (USD Million)
Table 3. Asia Pacific: Medical Devices Market, by Function – Revenue and Forecast to 2027 (USD Million)
Table 4. Asia Pacific: Medical Devices Market, End User – Revenue and Forecast to 2027 (USD Million)
Table 5. China: Medical Devices Market, by Product Type – Revenue and Forecast to 2027 (USD Million)
Table 6. China: Medical Devices Market, by Surgical Devices – Revenue and Forecast to 2027 (USD Million)
Table 7. China: Medical Devices Market, by Function – Revenue and Forecast to 2027 (USD Million).
Table 8. China: Medical Devices Market, End User – Revenue and Forecast to 2027 (USD Million)
Table 9. Japan: Medical Devices Market, by Product Type – Revenue and Forecast to 2027 (USD Million)0
Table 10. Japan: Medical Devices Market, by Surgical Devices – Revenue and Forecast to 2027 (USD Million)1
Table 11. Japan: Medical Devices Market, by Function – Revenue and Forecast to 2027 (USD Million).1
Table 12. Japan: Medical Devices Market, End User – Revenue and Forecast to 2027 (USD Million)2
Table 13. India: Medical Devices Market, by Product Type – Revenue and Forecast to 2027 (USD Million)5
Table 14. India: Medical Devices Market, by Surgical Devices – Revenue and Forecast to 2027 (USD Million)6
Table 15. India: Medical Devices Market, by Function – Revenue and Forecast to 2027 (USD Million).6
Table 16. India: Medical Devices Market, End User – Revenue and Forecast to 2027 (USD Million)7
Table 17. Australia: Medical Devices Market, by Product Type – Revenue and Forecast to 2027 (USD Million)9
Table 18. Australia: Medical Devices Market, by Surgical Devices – Revenue and Forecast to 2027 (USD Million)0
Table 19. Australia: Medical Devices Market, by Function – Revenue and Forecast to 2027 (USD Million).0
Table 20. Australia: Medical Devices Market, End User – Revenue and Forecast to 2027 (USD Million)1
Table 21. South Korea: Medical Devices Market, by Product Type – Revenue and Forecast to 2027 (USD Million)4
Table 22. South Korea: Medical Devices Market, by Surgical Devices – Revenue and Forecast to 2027 (USD Million)5
Table 23. South Korea: Medical Devices Market, by Function – Revenue and Forecast to 2027 (USD Million).5
Table 24. South Korea: Medical Devices Market, End User – Revenue and Forecast to 2027 (USD Million)6
Table 25. Indonesia: Medical Devices Market, by Product Type – Revenue and Forecast to 2027 (USD Million)8
Table 26. Indonesia: Medical Devices Market, by Surgical Devices – Revenue and Forecast to 2027 (USD Million)9
Table 27. Indonesia: Medical Devices Market, by Function – Revenue and Forecast to 2027 (USD Million).9
Table 28. Indonesia: Medical Devices Market, End User – Revenue and Forecast to 2027 (USD Million)0
Table 29. Singapore: Medical Devices Market, by Product Type – Revenue and Forecast to 2027 (USD Million)3
Table 30. Singapore: Medical Devices Market, by Surgical Devices – Revenue and Forecast to 2027 (USD Million)4
Table 31. Singapore: Medical Devices Market, by Function – Revenue and Forecast to 2027 (USD Million).4
Table 32. Singapore: Medical Devices Market, End User – Revenue and Forecast to 2027 (USD Million)5
Table 33. Malaysia: Medical Devices Market, by Product Type – Revenue and Forecast to 2027 (USD Million)8
Table 34. Malaysia: Medical Devices Market, by Surgical Devices – Revenue and Forecast to 2027 (USD Million)9
Table 35. Malaysia: Medical Devices Market, by Function – Revenue and Forecast to 2027 (USD Million).9
Table 36. Malaysia: Medical Devices Market, End User – Revenue and Forecast to 2027 (USD Million)0
Table 37. Taiwan: Medical Devices Market, by Product Type – Revenue and Forecast to 2027 (USD Million)2
Table 38. Taiwan: Medical Devices Market, by Surgical Devices – Revenue and Forecast to 2027 (USD Million)3
Table 39. Taiwan: Medical Devices Market, by Function – Revenue and Forecast to 2027 (USD Million).3
Table 40. Taiwan: Medical Devices Market, End User – Revenue and Forecast to 2027 (USD Million)4
Table 41. Myanmar: Medical Devices Market, by Product Type – Revenue and Forecast to 2027 (USD Million)7
Table 42. Myanmar: Medical Devices Market, by Surgical Devices – Revenue and Forecast to 2027 (USD Million)8
Table 43. Myanmar: Medical Devices Market, by Function – Revenue and Forecast to 2027 (USD Million).8
Table 44. Myanmar: Medical Devices Market, End User – Revenue and Forecast to 2027 (USD Million)9
Table 45. Thailand: Medical Devices Market, by Product Type – Revenue and Forecast to 2027 (USD Million)2
Table 46. Thailand: Medical Devices Market, by Surgical Devices – Revenue and Forecast to 2027 (USD Million)3
Table 47. Thailand: Medical Devices Market, by Function – Revenue and Forecast to 2027 (USD Million).3
Table 48. Thailand: Medical Devices Market, End User – Revenue and Forecast to 2027 (USD Million)4
Table 49. Philippines: Medical Devices Market, by Product Type – Revenue and Forecast to 2027 (USD Million)7
Table 50. Philippines: Medical Devices Market, by Surgical Devices – Revenue and Forecast to 2027 (USD Million)8
Table 51. Philippines: Medical Devices Market, by Function – Revenue and Forecast to 2027 (USD Million).8
Table 52. Philippines: Medical Devices Market, End User – Revenue and Forecast to 2027 (USD Million)9
Table 53. Vietnam: Medical Devices Market, by Product Type – Revenue and Forecast to 2027 (USD Million)2
Table 54. Vietnam: Medical Devices Market, by Surgical Devices – Revenue and Forecast to 2027 (USD Million)3
Table 55. Vietnam: Medical Devices Market, by Function – Revenue and Forecast to 2027 (USD Million).3
Table 56. Vietnam: Medical Devices Market, End User – Revenue and Forecast to 2027 (USD Million)4
Table 57. New Zealand: Medical Devices Market, by Product Type – Revenue and Forecast to 2027 (USD Million)7
Table 58. New Zealand: Medical Devices Market, by Surgical Devices – Revenue and Forecast to 2027 (USD Million)8
Table 59. New Zealand: Medical Devices Market, by Function – Revenue and Forecast to 2027 (USD Million).8
Table 60. New Zealand: Medical Devices Market, End User – Revenue and Forecast to 2027 (USD Million)9
Table 61. Sri Lanka: Medical Devices Market, by Product Type – Revenue and Forecast to 2027 (USD Million)2
Table 62. Sri Lanka: Medical Devices Market, by Surgical Devices – Revenue and Forecast to 2027 (USD Million)3
Table 63. Sri Lanka: Medical Devices Market, by Function – Revenue and Forecast to 2027 (USD Million).3
Table 64. Sri Lanka: Medical Devices Market, End User – Revenue and Forecast to 2027 (USD Million)4
Table 65. Nepal: Medical Devices Market, by Product Type – Revenue and Forecast to 2027 (USD Million)7
Table 66. Nepal: Medical Devices Market, by Surgical Devices – Revenue and Forecast to 2027 (USD Million)8
Table 67. Nepal: Medical Devices Market, by Function – Revenue and Forecast to 2027 (USD Million).8
Table 68. Nepal: Medical Devices Market, End User – Revenue and Forecast to 2027 (USD Million)9
Table 69. Cambodia: Medical Devices Market, by Product Type – Revenue and Forecast to 2027 (USD Million)2
Table 70. Cambodia: Medical Devices Market, by Surgical Devices – Revenue and Forecast to 2027 (USD Million)3
Table 71. Cambodia: Medical Devices Market, by Function – Revenue and Forecast to 2027 (USD Million).3
Table 72. Cambodia: Medical Devices Market, End User – Revenue and Forecast to 2027 (USD Million)4
Table 73. Pakistan: Medical Devices Market, by Product Type – Revenue and Forecast to 2027 (USD Million)7
Table 74. Pakistan: Medical Devices Market, by Surgical Devices – Revenue and Forecast to 2027 (USD Million)8
Table 75. Pakistan: Medical Devices Market, by Function – Revenue and Forecast to 2027 (USD Million).8
Table 76. Pakistan: Medical Devices Market, End User – Revenue and Forecast to 2027 (USD Million)9
Table 77. Rest of Asia Pacific: Medical Devices Market, by Product Type – Revenue and Forecast to 2027 (USD Million)2
Table 78. Rest of Asia Pacific: Medical Devices Market, by Surgical Devices – Revenue and Forecast to 2027 (USD Million)3
Table 79. Rest of Asia Pacific: Medical Devices Market, by Function – Revenue and Forecast to 2027 (USD Million).3
Table 80. Rest of Asia Pacific: Medical Devices Market, End User – Revenue and Forecast to 2027 (USD Million)4
Table 81. Organic Developments Done by Companies7
Table 82. Inorganic Developments Done by Companies1
Table 83. Glossary of Terms, Asia Pacific Medical Devices Market7
LIST OF FIGURES
Figure 1. Medical Devices Market Segmentation
Figure 2. Asia Pacific Medical Devices Market Overview
Figure 3. Surgical Devices Segment Held Largest Share by Product of Asia Pacific Medical Devices Market in 2019
Figure 4. Singapore is Expected to Show Remarkable Growth During the Forecast Period
Figure 5. Asia Pacific Medical Devices Market- Leading Country Markets (US$ Mn)
Figure 6. Asia Pacific Medical Devices Market, Industry Landscape
Figure 7. Asia Pacific Medical Devices Market - Asia Pacific PEST Analysis
Figure 8. Medical Devices Market Impact Analysis of Drivers and Restraints
Figure 9. Asia Pacific Medical Devices Market – Revenue Forecasts and Analysis – 2019- 2027
Figure 10. Market Positioning of Key Players in Asia Pacific Medical Devices Market
Figure 11. Medical devices market Share, by Product Type, 2019 and 2027 (%)
Figure 12. Surgical Devices: Medical Devices Market– Revenue and Forecast to 2027 (US$ Million)
Figure 13. Electrosurgical Generators: Medical Devices Market– Revenue and Forecast to 2027 (US$ Million)
Figure 14. Ultrasonic Surgical Generators: Medical Devices Market– Revenue and Forecast to 2027 (US$ Million)
Figure 15. Minimally Invasive Surgery Instruments: Medical Devices Market– Revenue and Forecast to 2027 (US$ Million)
Figure 16. Others: Medical Devices Market– Revenue and Forecast to 2027 (US$ Million)
Figure 17. Infection Control Devices: Medical Devices Market– Revenue and Forecast to 2027 (US$ Million)
Figure 18. General Medical Devices: Medical Devices Market– Revenue and Forecast to 2027 (US$ Million)
Figure 19. Cardiovascular Devices: Medical Devices Market – Revenue and Forecast to 2027 (US$ Million)
Figure 20. Neurological Devices: Medical Devices Market – Revenue and Forecast to 2027 (US$ Million)
Figure 21. Ophthalmology Devices: Medical Devices Market – Revenue and Forecast to 2027 (US$ Million)
Figure 22. In-Vitro Diagnostic Devices: Medical Devices Market – Revenue and Forecast to 2027 (US$ Million)
Figure 23. Endoscopy Devices: Medical Devices Market – Revenue and Forecast to 2027 (US$ Million)
Figure 24. Others: Medical Devices Market – Revenue and Forecast to 2027 (US$ Million)
Figure 25. Medical Devices Market Share, by Function, 2019 and 2027 (%)
Figure 26. Diagnostic and Monitoring: Medical Devices Market– Revenue and Forecast to 2027 (USD Million)
Figure 27. Therapeutics: Medical Devices Market– Revenue and Forecast to 2027 (USD Million)
Figure 28. Surgical: Medical Devices Market– Revenue and Forecast to 2027 (USD Million)
Figure 29. Others: Medical Devices Market– Revenue and Forecast to 2027 (USD Million)
Figure 30. Medical Device Market Share, by End User, 2019 and 2027 (%)
Figure 31. Hospitals: Medical Device Market – Revenue and Forecast to 2027 (US$ Million)
Figure 32. Homecare: Medical Device Market – Revenue and Forecast to 2027 (US$ Million)
Figure 33. Ambulatory Care: Medical Device Market – Revenue and Forecast to 2027 (US$ Million)
Figure 34. Others: Medical Device Market – Revenue and Forecast to 2027 (US$ Million)
Figure 35. Asia Pacific: Medical Devices Market, by Key Country – Revenue (2019) (USD Million)
Figure 36. Asia Pacific: Medical Devices Market Revenue and Forecast to 2027 (USD Million)
Figure 37. Asia Pacific: Medical Devices Market, by Country, 2019 & 2027 (%)
Figure 38. China: Medical Devices Market – Revenue and Forecast to 2027 (USD Million)
Figure 39. Japan: Medical Devices Market – Revenue and Forecast to 2027 (USD Million)
Figure 40. India: Medical Devices Market – Revenue and Forecast to 2027 (USD Million)4
Figure 41. Australia: Medical Devices Market – Revenue and Forecast to 2027 (USD Million)8
Figure 42. South Korea: Medical Devices Market – Revenue and Forecast to 2027 (USD Million)3
Figure 43. Indonesia: Medical Devices Market – Revenue and Forecast to 2027 (USD Million)7
Figure 44. Singapore: Medical Devices Market – Revenue and Forecast to 2027 (USD Million)2
Figure 45. Malaysia: Medical Devices Market – Revenue and Forecast to 2027 (USD Million)7
Figure 46. Taiwan: Medical Devices Market – Revenue and Forecast to 2027 (USD Million)1
Figure 47. Myanmar: Medical Devices Market – Revenue and Forecast to 2027 (USD Million)6
Figure 48. Thailand Medical Devices Market – Revenue and Forecast to 2027 (USD Million)1
Figure 49. Philippines Medical Devices Market – Revenue and Forecast to 2027 (USD Million)6
Figure 50. Vietnam Medical Devices Market – Revenue and Forecast to 2027 (USD Million)1
Figure 51. New Zealand Medical Devices Market – Revenue and Forecast to 2027 (USD Million)6
Figure 52. Sri Lanka Medical Devices Market – Revenue and Forecast to 2027 (USD Million)1
Figure 53. Nepal Medical Devices Market – Revenue and Forecast to 2027 (USD Million)6
Figure 54. Cambodia Medical Devices Market – Revenue and Forecast to 2027 (USD Million)1
Figure 55. Pakistan Medical Devices Market – Revenue and Forecast to 2027 (USD Million)6
Figure 56. Rest of Asia Pacific Medical Devices Market – Revenue and Forecast to 2027 (USD Million)1
Figure 57. Growth Strategies Done by the Companies in the Market, (%)6
The List of Companies - Asia Pacific Medical Devices Market
- 3M
- Braun Melsungen AG
- Boston Scientific Corporation
- Abbott
- Medtronic
- General Electric Company
- Stryker Corporation
- Koninklijke Philips N.V
- Siemens AG
- Johnson and Johnson Services, Inc
The Insight Partners performs research in 4 major stages: Data Collection & Secondary Research, Primary Research, Data Analysis and Data Triangulation & Final Review.
- Data Collection and Secondary Research:
As a market research and consulting firm operating from a decade, we have published many reports and advised several clients across the globe. First step for any study will start with an assessment of currently available data and insights from existing reports. Further, historical and current market information is collected from Investor Presentations, Annual Reports, SEC Filings, etc., and other information related to company’s performance and market positioning are gathered from Paid Databases (Factiva, Hoovers, and Reuters) and various other publications available in public domain.
Several associations trade associates, technical forums, institutes, societies and organizations are accessed to gain technical as well as market related insights through their publications such as research papers, blogs and press releases related to the studies are referred to get cues about the market. Further, white papers, journals, magazines, and other news articles published in the last 3 years are scrutinized and analyzed to understand the current market trends.
- Primary Research:
The primarily interview analysis comprise of data obtained from industry participants interview and answers to survey questions gathered by in-house primary team.
For primary research, interviews are conducted with industry experts/CEOs/Marketing Managers/Sales Managers/VPs/Subject Matter Experts from both demand and supply side to get a 360-degree view of the market. The primary team conducts several interviews based on the complexity of the markets to understand the various market trends and dynamics which makes research more credible and precise.
A typical research interview fulfils the following functions:
- Provides first-hand information on the market size, market trends, growth trends, competitive landscape, and outlook
- Validates and strengthens in-house secondary research findings
- Develops the analysis team’s expertise and market understanding
Primary research involves email interactions and telephone interviews for each market, category, segment, and sub-segment across geographies. The participants who typically take part in such a process include, but are not limited to:
- Industry participants: VPs, business development managers, market intelligence managers and national sales managers
- Outside experts: Valuation experts, research analysts and key opinion leaders specializing in the electronics and semiconductor industry.
Below is the breakup of our primary respondents by company, designation, and region:
Once we receive the confirmation from primary research sources or primary respondents, we finalize the base year market estimation and forecast the data as per the macroeconomic and microeconomic factors assessed during data collection.
- Data Analysis:
Once data is validated through both secondary as well as primary respondents, we finalize the market estimations by hypothesis formulation and factor analysis at regional and country level.
- 3.1 Macro-Economic Factor Analysis:
We analyse macroeconomic indicators such the gross domestic product (GDP), increase in the demand for goods and services across industries, technological advancement, regional economic growth, governmental policies, the influence of COVID-19, PEST analysis, and other aspects. This analysis aids in setting benchmarks for various nations/regions and approximating market splits. Additionally, the general trend of the aforementioned components aid in determining the market's development possibilities.
- 3.2 Country Level Data:
Various factors that are especially aligned to the country are taken into account to determine the market size for a certain area and country, including the presence of vendors, such as headquarters and offices, the country's GDP, demand patterns, and industry growth. To comprehend the market dynamics for the nation, a number of growth variables, inhibitors, application areas, and current market trends are researched. The aforementioned elements aid in determining the country's overall market's growth potential.
- 3.3 Company Profile:
The “Table of Contents” is formulated by listing and analyzing more than 25 - 30 companies operating in the market ecosystem across geographies. However, we profile only 10 companies as a standard practice in our syndicate reports. These 10 companies comprise leading, emerging, and regional players. Nonetheless, our analysis is not restricted to the 10 listed companies, we also analyze other companies present in the market to develop a holistic view and understand the prevailing trends. The “Company Profiles” section in the report covers key facts, business description, products & services, financial information, SWOT analysis, and key developments. The financial information presented is extracted from the annual reports and official documents of the publicly listed companies. Upon collecting the information for the sections of respective companies, we verify them via various primary sources and then compile the data in respective company profiles. The company level information helps us in deriving the base number as well as in forecasting the market size.
- 3.4 Developing Base Number:
Aggregation of sales statistics (2020-2022) and macro-economic factor, and other secondary and primary research insights are utilized to arrive at base number and related market shares for 2022. The data gaps are identified in this step and relevant market data is analyzed, collected from paid primary interviews or databases. On finalizing the base year market size, forecasts are developed on the basis of macro-economic, industry and market growth factors and company level analysis.
- Data Triangulation and Final Review:
The market findings and base year market size calculations are validated from supply as well as demand side. Demand side validations are based on macro-economic factor analysis and benchmarks for respective regions and countries. In case of supply side validations, revenues of major companies are estimated (in case not available) based on industry benchmark, approximate number of employees, product portfolio, and primary interviews revenues are gathered. Further revenue from target product/service segment is assessed to avoid overshooting of market statistics. In case of heavy deviations between supply and demand side values, all thes steps are repeated to achieve synchronization.
We follow an iterative model, wherein we share our research findings with Subject Matter Experts (SME’s) and Key Opinion Leaders (KOLs) until consensus view of the market is not formulated – this model negates any drastic deviation in the opinions of experts. Only validated and universally acceptable research findings are quoted in our reports.
We have important check points that we use to validate our research findings – which we call – data triangulation, where we validate the information, we generate from secondary sources with primary interviews and then we re-validate with our internal data bases and Subject matter experts. This comprehensive model enables us to deliver high quality, reliable data in shortest possible time.
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