Medical Electronic Market Development and Demand Forecast to 2020 : P&S Market Research

Medical electronic refer to a certain class of electronic instruments and equipments used particularly for medical applications such as diagnosis, research, therapy, anaesthesia control, surgery and cardiac control. Medical electronic devices are widely use in the health-related diagnosis by merging biology and medicine science with electronics theories, principal and practices.
Medical electronic devices comprise a wide range of technologies and equipments. Medical electronic devices range from simple tongue depressors to most sophisticated and complex programmable pacemakers and advanced imaging systems. Some of the most commonly used medical electronic devices include, surgical appliances, electro-medical equipment, surgical and medical instruments, in-vitro diagnostic substances, dental and ophthalmic goods and irradiation apparatus.
On the basis of equipment and component used in the medical electronics, the market is segmented into sensors (such as temperature sensor, blood oxygen sensor, image sensor, hall effect sensor, inertial sensor, touch sensor, blood glucose sensor, ECG sensor, motion sensor, heart rate sensor, and pressure sensor), batteries (such as lithium ion/Li-Ion, nickel metal hydride/Nimh, and nickel cadmium/Ni-Cd), displays (such as LCD display, LED display and oled display), memory devices (such as Flash, EEPROM,SDRAM,and EPROM), microprocessors and microcontrollers (such as DSP, MCU, FPGA, and asic). Based on applications of medical electronics, the market is segmented into imaging systems (such as magnetic resonance imaging (MRI), general purpose X-Ray scanner, ultrasound, and computed tomography scanner/CT scanner), diagnosis (such as endoscope, digital thermometer, and ophthalmoscope), medical therapeutics such as ( programmable syringe pumps, dialysis machine, infusion pumps, and anaesthesia delivery system), monitoring (such as cardiac monitors, hemodynamic monitoring, respiratory monitoring and multi parameter monitor), fitness and wellness (such as electronic pedometer, wearable injectors, smart watches, and continuous glucose monitor/cgm) and others (such as hearing aids, electronic weighing scale, and automated external defibrillator/AED) .
The global medical electronic market is driven by the number of factors. Increasing global population and growing lifestyle diseases has led to requirement of advanced and fast healthcare services which in turn increases adoption of electronics in the treatment procedure. Increasing urbanization and improving healthcare infrastructure, particularly in the developing countries of Asia Pacific, is expected to drive the growth of the market in double digit during the forecasted period. The medical electronics in the developed countries is driven by the growing adoption of radiation therapy in disease treatment & diagnosis.
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