Medical electronics is considered a specialized discipline, that integrates engineering with fields such as clinical practice and biomedical sciences. Unlike paper records, medical electronics offers more benefits. Besides enabling an individual track information over time it improves the quality of patient care. Furthermore,
Demand for advanced healthcare solutions has played an eminent role in the growth of the market worldwide. The growing importance of medical electronics mainly in patient as well as monitoring activities have also kept the market prospects high. The increasing population and growing awareness about wellness have also contributed to the growth of the market. Moreover, increasing number of lifestyle diseases and expansion of healthcare facilities are anticipated to create greater opportunities.
The medical electronics market is segmented based on components, applications and geography. Furthermore, the components covered in the market research report are microcontrollers, sensors, displays, batteries and memory devices. Applications assessed during the study are fitness and wellness, imaging, monitoring, diagnosis and medical therapeutics. Regions such as North America, Europe, Asia -Pacific and LAMEA would see rapid growth.
Key market players active in the medical electronics market are Renesas Electronics Corporation, Siemens AG, ON Semiconductor Corporation, GE Healthcare, Freescale Semiconductor Inc., Texas Instruments Incorporated and STMicroelectronics N.V.
KEY BENEFITS FOR STAKEHOLDERS
- The market research report provides an integrated information on the major drivers, restraints and opportunities influencing the industry growth during the forecast period.
- The study further drills down to produce data volume by components, end customers and demography.
- SWOT analysis of major brands, highlights weaknesses, strengths, opportunities and threats. The data proves effective for business owners planning on designing their marketing and branding strategies.
- Region wise business performance discussed in the market research report would be valuable for enterprises planning to explore new areas.
- The report not only examines the market dynamics but also takes a closer look at the growth rate and industrial chain structure.
- Study further weigh up on the prominent market players and what they are doing different to position their product in the already crowded marketplace.
- Assessment of upstream and downstream market also forms an important part of the report.
MEDICAL ELECTRONICS MARKET KEY SEGMENTS
Medical Electronics Market By Component
- Memory Devices
Medical Electronics Market By Application
- Fitness and Wellness
- Diagnosis and Medical Therapeutics
Medical Electronics Market By Geography
- North America
- Asia -Pacific
- Renesas Electronics Corporation
- Siemens AG
- ON Semiconductor Corporation
- GE Healthcare
- Freescale Semiconductor Inc.
- Texas Instruments Incorporated
- STMicroelectronics N.V.