© 2016 Global Market Insights, Inc. USA. All Rights Reserved Fuel Cell Market size worth $25.5bn by 2024 Medical Electronics Market to surpass $148 Bn by 2024 : Global Market Insights Inc.

© 2016 Global Market Insights, Inc. USA. All Rights Reserved  U.S. medical electronics market will witness significant growth owing to favorable regulatory scenario and presence of leading regional business players. Growing disposable income and rising adoption of technologically advanced products will stimulate business growth over the forecast period.  Domestic medical devices companies such as Siemens, Baxter General Electric, and Philips dominates the Russian medical electronics market. Favorable business environment and increasing adoption of technologically advanced products will fuel industry expansion over the forecast years.  Some of the prominent players in medical electronics industry include Phillips, Siemens AG, GE Healthcare, Maxim Integrated, Carestream Health, Allengers Medical. Industry players adopt strategies like new product development and collaborations with domestic players to strengthen their industry presence and expand their product portfolio. Key Insights from Medical Electronics Market :

© 2016 Global Market Insights, Inc. USA. All Rights Reserved  Favorable regulatory policies for expansion of medical electronics industry and healthy reimbursement environment will propel business growth. However, high-cost associated with the medical electronics will impede industry expansion.  Surgical robots are widely used by surgeon for medical procedures ranging from bladder reconstruction to open heart surgeries. Lucrative return on investment and ability to save considerable time compared to conventional methods will fuel increasing surgical robots demand over the forecast period.  Respiratory care devices will witness significant revenue growth owing to increasing geriatric population and increasing prevalence of COPD, Asthma and other respiratory diseases. Technological advances aimed at developing more efficient and cost effective respiratory care devices will further propel the market growth. Continued...

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© 2016 Global Market Insights, Inc. USA. All Rights Reserved  Application Trends Hospital are striving to gain operational efficiencies to cub the overall healthcare cost. It utilizes innovative medical electronic devices to offer quality service at a reasonable cost. Furthermore, competition among the hospitals is continuously increasing for providing better quality services at low prices. These factors are predicted to stimulate steady business growth over the coming years. Regional Trends U.S. Medical Electronics Market accounted for over 90% of regional revenue in 2016, owing to early technology adoption and regional presence of major established players. Rising healthcare expenditure and extensive coverage under the Affordable Care Act will stimulate forecast growth. Introduction of new innovative products to address various disease conditions will also fuel regional expansion. Competitive Market Share Some of the leading companies in medical electronics market include GE Healthcare, Phillips, Siemens, Medtronic, 3M, Fujifilm, Hitachi, Samsung and Toshiba. Other notable players include Boston Scientific, Olympus, On Semiconductor, Angiotech Pharmaceuticals, Carestream Health, Allengers Medical and Maxim Integrated. 360° Analysis

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