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Supported by the application sector, global Medical Electronics market is projected to reach a value of US$372.4 billion by 2018, with a CAGR of 15.3%, during 2011-2018, according to Axis Research Mind

December 05, 2013 Bookmark and Share

The medical electronics market is expected to reach US$372.4 billion by 2018 primarily supported by the application sectors monitoring & surgical systems, imaging systems, diagnostics and medical therapeutics. Globally, medical therapeutics and imaging systems together account for approximately 52.9% of the market and are expected to support the medical electronics industry going forward. Geographical analysis shows that the highest Compounded Annual Growth Rate (CAGR) of 17.2% is anticipated from Asia-Pacific region during the analysis period, 2011-2018. Among the application sectors, monitoring & surgical systems account for the largest share of the entire market, driving a CAGR of 13.4% during the analysis period 2011-2018. Imaging Systems see as the fastest growing application with a forecast CAGR of approximately 16.9% by 2018. Along with the fast growth and rapid advancement in technology related to healthcare industry, the medical electronics expectations have increased innovatively for large numbers of incurable disease.

For more information please follow link:
Medical Electronics - Global Trends, Estimates and Forecasts, 2011-2018

Estimates are based on online surveys using customized questionnaires by our research team. Besides information from government databases, company websites, press releases & published research reports are also used for estimates.

The report covers the market analysis by application. please follow the link in detail - Medical Electronics - Global Trends, Estimates and Forecasts, 2011-2018

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About Axis Research Mind

Axis Research Mind (www.axisresearchmind.com) is a market research firm offering customer-oriented publications in verticals such as life sciences and biotechnology, healthcare and pharmaceuticals, energy and resources, food and beverage, telecomm and many more industries. Our reports cater incisive and precise analytics and are scrutinized with a passion of success in the growing marketplace. Our USBs are self-explanatory, vast database and region-wise coverage across the sectors. We attempt to explore market dynamics explicating the risk and return measures in the industry.

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