Medical Electronics Market Growth, Emerging Scope, Estimated Forecast to 2027
                     Medical Electronics Market To 
Reach USD 162.5 Billion By 2027 
| FUJIFILM Medical Systems, Toshiba 
Medical Systems, Philips Healthcare
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       Market  Summary
Growing geriatric population, wide area of 
application of imaging devices and growing 
awareness regarding routine checkup and rising 
demand for easy to use advanced healthcare 
devices are key factors contributing to high CAGR 
of Medical Electronics during the forecast period.
Market Size – USD 92.4 Billion in 2019, Market 
Growth - CAGR of 8.1%, Market Trends – Product 
launches and research for advanced medical 
electronics.
            M  a Orkuetr  S Aumpmparroyach
According to the current analysis of Reports and Data, the global Medical Electronics market was valued at USD 
92.4 Billion in 2019 and is expected to reach USD 162.5 Billion by the year 2027, at a CAGR of 8.1 %. Factors such as 
the growing standard of living, increasing aging population, rising health awareness, and increasing adoption of 
wearable electronics are driving the growth of the medical electronics market. The growing importance of medical 
electronics for patient tracking and other monitoring activities is further expected to propel the growth of the 
medical electronics market.
Technological innovation and technological portability with other medical equipment are some of the other factors 
boosting the growth of the medical electronics market. Factors such as the growing standard of living, increasing 
aging population, rising health awareness, and increasing adoption of wearable electronics are also expected to 
positively impact the medical electronics market during the forecast period. Likewise, the growing importance of 
medical electronics for patient tracking and other monitoring activities is expected to spur the growth of the 
medical electronics market.
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       M   a r kOeut  Sru Ampmparyoach
Further key findings from the report suggest
• Based on application, patient monitoring segment is expected to witness lucrative growth at a CAGR 
of 5.2%. Adoption of telemetry and remote monitoring devices facilitate the monitoring of patients 
from long distances in the medical electronics market
• Europe is also contributing a good share in the global medical electronics market owing to the factor 
that there is good support from the government to improve the health sector within the region
• The component batteries for healthcare application is expected to grow at a high rate during the 
current forecast period owing to the increasing demand for wireless medical device, which has long 
battery life. High-density batteries in wearable medical devices are further driving the growth for the 
medical electronics market.
• As of 2018, North America held the largest market share in the global medical electronics market. 
The market is driven by various factors such as improved healthcare infrastructure and increasing 
demand for medical electronics in the region.
To identify the key trends in the industry, click on the link below @ 
https://www.reportsanddata.com/report-detail/medical-electronics-market
       M   a r kOeut  Sru Ampmparyoach
Key participants : FUJIFILM Medical Systems, Toshiba Medical Systems, Philips Healthcare, Medtronic, 
Analog Devices and Hitachi High Technologies Corporation among others.
For the purpose of this study, Reports and Data have segmented the Medical Electronics market on the 
basis of type, product type, components, application, and region:
Medical Electronics Market, by Type (Revenue, USD Million; 2016–2026)
Invasive
Pacemakers
Implantable Cardioverter- Defibrillators (ICDs)
Implantable Loop Recorders (ILRs)
Spinal Cord Stimulators
Gastric Electric Stimulators
Endoscopes
        M  a  rOkeut  rSu Ampmparyoach
Medical Electronics Market, by Components (Revenue, USD Million; 2016–2026)
Sensors
Batteries
Memory Devices
Displays
Microprocessors/Microcontrollers
Medical Electronics Market, by Application (Revenue, USD Million; 2016–2026)
Imaging
Therapeutics
Patient Monitoring
Homecare/Handheld Products
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About Us
   A  b  oOuutr U Aspproach
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