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Single Use Medical Device Trends and Forecast
The future of the global single use medical device market looks promising with opportunities in the hospital and medical center markets. The global single use medical device market is expected to grow with a CAGR of 6.7% from 2024 to 2030. The major drivers for this market are increasing demand for minimally invasive procedures and growing demand for personalized medicine.
A more than 150-page report is developed to help in your business decisions. Sample figures with some insights are shown below.
Single Use Medical Device by Segment
The study includes a forecast for the global single use medical device by device type, end use, and region.
Single Use Medical Device Market by Device Type [Shipment Analysis by Value from 2018 to 2030]:
• Laparoscopic Graspers
• Scalpels
• Tourniquet Cuffs
• Pulse Oximeter Sensors
• Sequential Compression Sleeves
• Catheters & Guidewires
• Others
Single Use Medical Device Market by End Use [Shipment Analysis by Value from 2018 to 2030]:
• Hospitals
• Medical Centers
• Others
Single Use Medical Device Market by Region [Shipment Analysis by Value from 2018 to 2030]:
• North America
• Europe
• Asia Pacific
• The Rest of the World
List of Single Use Medical Device Companies
Companies in the market compete on the basis of product quality offered. Major players in this market focus on expanding their manufacturing facilities, R&D investments, infrastructural development, and leverage integration opportunities across the value chain. With these strategies single use medical device companies cater increasing demand, ensure competitive effectiveness, develop innovative products & technologies, reduce production costs, and expand their customer base. Some of the single use medical device companies profiled in this report include-
• Arjo
• Innovative Health
• Johnson & Johnson
• Medline Industries
• Nescientific
Single Use Medical Device Market Insights
Lucintel forecasts that sequential compression sleeve is expected to witness highest growth over the forecast period.
Within this market, hospital is expected to witness highest growth over the forecast period.
North America is expected to witness highest growth over the forecast period.
Features of the Global Single Use Medical Device Market
Market Size Estimates: Single use medical device market size estimation in terms of value ($B).
Trend and Forecast Analysis: Market trends (2018 to 2023) and forecast (2024 to 2030) by various segments and regions.
Segmentation Analysis: Single use medical device market size by device type, end use, and region in terms of value ($B).
Regional Analysis: Single use medical device market breakdown by North America, Europe, Asia Pacific, and Rest of the World.
Growth Opportunities: Analysis of growth opportunities in different device types, end uses, and regions for the single use medical device market.
Strategic Analysis: This includes M&A, new product development, and competitive landscape of the single use medical device market.
Analysis of competitive intensity of the industry based on Porter’s Five Forces model.
FAQ
Q1. What is the growth forecast for single use medical device market?
Answer: The global single use medical device market is expected to grow with a CAGR of 6.7% from 2024 to 2030.
Q2. What are the major drivers influencing the growth of the single use medical device market?
Answer: The major drivers for this market are increasing demand for minimally invasive procedures and growing demand for personalized medicine.
Q3. What are the major segments for single use medical device market?
Answer: The future of the single use medical device market looks promising with opportunities in the hospital and medical center markets.
Q4. Who are the key single use medical device market companies?
Answer: Some of the key single use medical device companies are as follows:
• Arjo
• Innovative Health
• Johnson & Johnson
• Medline Industries
• Nescientific
Q5. Which single use medical device market segment will be the largest in future?
Answer: Lucintel forecasts that sequential compression sleeve is expected to witness highest growth over the forecast period.
Q6. In single use medical device market, which region is expected to be the largest in next 5 years?
Answer: North America is expected to witness highest growth over the forecast period.
Q7. Do we receive customization in this report?
Answer: Yes, Lucintel provides 10% customization without any additional cost.
This report answers following 11 key questions:
Q.1. What are some of the most promising, high-growth opportunities for the single use medical device market by device type (laparoscopic graspers, scalpels, tourniquet cuffs, pulse oximeter sensors, sequential compression sleeves, catheters & guidewires, and others), end use (hospitals, medical centers, and others), and region (North America, Europe, Asia Pacific, and the Rest of the World)?
Q.2. Which segments will grow at a faster pace and why?
Q.3. Which region will grow at a faster pace and why?
Q.4. What are the key factors affecting market dynamics? What are the key challenges and business risks in this market?
Q.5. What are the business risks and competitive threats in this market?
Q.6. What are the emerging trends in this market and the reasons behind them?
Q.7. What are some of the changing demands of customers in the market?
Q.8. What are the new developments in the market? Which companies are leading these developments?
Q.9. Who are the major players in this market? What strategic initiatives are key players pursuing for business growth?
Q.10. What are some of the competing products in this market and how big of a threat do they pose for loss of market share by material or product substitution?
Q.11. What M&A activity has occurred in the last 5 years and what has its impact been on the industry?
For any questions related to Single Use Medical Device Market, Single Use Medical Device Market Size, Single Use Medical Device Market Growth, Single Use Medical Device Market Analysis, Single Use Medical Device Market Report, Single Use Medical Device Market Share, Single Use Medical Device Market Trends, Single Use Medical Device Market Forecast, Single Use Medical Device Companies, write Lucintel analyst at email: helpdesk@lucintel.com. We will be glad to get back to you soon.
Table of Contents
1. Executive Summary
2. Global Single Use Medical Device Market : Market Dynamics
2.1: Introduction, Background, and Classifications
2.2: Supply Chain
2.3: Industry Drivers and Challenges
3. Market Trends and Forecast Analysis from 2018 to 2030
3.1. Macroeconomic Trends (2018-2023) and Forecast (2024-2030)
3.2. Global Single Use Medical Device Market Trends (2018-2023) and Forecast (2024-2030)
3.3: Global Single Use Medical Device Market by Device Type
3.3.1: Laparoscopic Graspers
3.3.2: Scalpels
3.3.3: Tourniquet Cuffs
3.3.4: Pulse Oximeter Sensors
3.3.5: Sequential Compression Sleeves
3.3.6: Catheters & Guidewires
3.3.7: Others
3.4: Global Single Use Medical Device Market by End Use
3.4.1: Hospitals
3.4.2: Medical Centers
3.4.3: Others
4. Market Trends and Forecast Analysis by Region from 2018 to 2030
4.1: Global Single Use Medical Device Market by Region
4.2: North American Single Use Medical Device Market
4.2.2: North American Single Use Medical Device Market by End Use: Hospitals, Medical Centers, and Others
4.3: European Single Use Medical Device Market
4.3.1: European Single Use Medical Device Market by Device Type: Laparoscopic Graspers, Scalpels, Tourniquet Cuffs, Pulse Oximeter Sensors, Sequential Compression Sleeves, Catheters & Guidewires, and Others
4.3.2: European Single Use Medical Device Market by End Use: Hospitals, Medical Centers, and Others
4.4: APAC Single Use Medical Device Market
4.4.1: APAC Single Use Medical Device Market by Device Type: Laparoscopic Graspers, Scalpels, Tourniquet Cuffs, Pulse Oximeter Sensors, Sequential Compression Sleeves, Catheters & Guidewires, and Others
4.4.2: APAC Single Use Medical Device Market by End Use: Hospitals, Medical Centers, and Others
4.5: ROW Single Use Medical Device Market
4.5.1: ROW Single Use Medical Device Market by Device Type: Laparoscopic Graspers, Scalpels, Tourniquet Cuffs, Pulse Oximeter Sensors, Sequential Compression Sleeves, Catheters & Guidewires, and Others
4.5.2: ROW Single Use Medical Device Market by End Use: Hospitals, Medical Centers, and Others
5. Competitor Analysis
5.1: Product Portfolio Analysis
5.2: Operational Integration
5.3: Porter’s Five Forces Analysis
6. Growth Opportunities and Strategic Analysis
6.1: Growth Opportunity Analysis
6.1.1: Growth Opportunities for the Global Single Use Medical Device Market by Device Type
6.1.2: Growth Opportunities for the Global Single Use Medical Device Market by End Use
6.1.3: Growth Opportunities for the Global Single Use Medical Device Market by Region
6.2: Emerging Trends in the Global Single Use Medical Device Market
6.3: Strategic Analysis
6.3.1: New Product Development
6.3.2: Capacity Expansion of the Global Single Use Medical Device Market
6.3.3: Mergers, Acquisitions, and Joint Ventures in the Global Single Use Medical Device Market
6.3.4: Certification and Licensing
7. Company Profiles of Leading Players
7.1: Arjo
7.2: Innovative Health
7.3: Johnson & Johnson
7.4: Medline Industries
7.5: NEScientific
.
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Lucintel has been in the business of market research and management consulting since 2000 and has published over 1000 market intelligence reports in various markets / applications and served over 1,000 clients worldwide. This study is a culmination of four months of full-time effort performed by Lucintel's analyst team. The analysts used the following sources for the creation and completion of this valuable report:
In-depth interviews of the major players in this market
Detailed secondary research from competitors’ financial statements and published data
Extensive searches of published works, market, and database information pertaining to industry news, company press releases, and customer intentions
A compilation of the experiences, judgments, and insights of Lucintel’s professionals, who have analyzed and tracked this market over the years.
Extensive research and interviews are conducted across the supply chain of this market to estimate market share, market size, trends, drivers, challenges, and forecasts. Below is a brief summary of the primary interviews that were conducted by job function for this report.
Thus, Lucintel compiles vast amounts of data from numerous sources, validates the integrity of that data, and performs a comprehensive analysis. Lucintel then organizes the data, its findings, and insights into a concise report designed to support the strategic decision-making process. The figure below is a graphical representation of Lucintel’s research process.
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