Sunday, June 26th, 2022

Global HealthTech Market (2022-2030): Type, Application, Opportunities

Absolute Markets Insights has announced a statistical data to its extensive repository titled HealthTech market. The study comprises of different segments and sub-segments such as type, size, applications, and end-users. One of the many distinctive features of the report is it provides an analytical study of the global HealthTech market based on various growth influencing factors. Primary and secondary research techniques have also been used by analysts of the report to study the market. The study also uses information on widespread global regions such as North America, Latin America, Europe, Asia-Pacific, Africa, and India in order to get a better understanding of the competitive landscape. The research report extensively focuses on market size, pricing structures, and shares. The current development patterns of various successful industries have also been mentioned in order to understand effective business strategies.

Moreover, the report also offers the entire demand-supply chain of a HealthTech market to comprehend the demanding structure of the HealthTech sector. In this effective and informative report, top-notch industries have been enlisted in order to provide a detailed analysis of successful strategies implemented by various companies. To get a stronger and effective business outlook different internal and external factor are mentioned. These can be attributed as market restraints and propellers.  Additionally, the report also offers insightful data to formulate best strategies for both established key players as well as for new market entrants. Furthermore, the study discusses the challenges and risks experienced by several sellers as well as buyers. Various applicable sales strategies are also included to discover the global opportunities shaping the global HealthTech market.

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In terms of revenue, global healthtech market was valued at US$ 96.11 Bn in 2020 growing at a CAGR of 19% over the forecast period (2022-2030). The study analyses the market in terms of revenue across all the major regions, which have been bifurcated into countries.

Healthcare technology, more commonly referred to as ‘HealthTech’ denotes the implementation of technologies for improving the overall healthcare system. The equipment and solutions offered in the healthtech market enhances the overall productivity and efficiency of care provided by the healthcare providers. Rising venture investment in technology-based drug discovery has experienced a surge over the years. For instance, according to studies, the funding received for artificial intelligence in drug discovery increased from US$ 745.2 Mn in 2018 to US$ 1400 Mn in 2019. This rising investment by venture capitalists is increasing the adoption of technologies such as artificial intelligence and machine learning in drug discovery and development procedures, which is contributing towards the growth of the global healthtech market. The growing prevalence of robotics across the healthcare industry, to enhance the efficiency of care provided by the healthcare providers, are expected to influence the market growth over the forecast period.

Vendor Profiling: HealthTech Market: Agfa-Gevaert Group, Ambu A/S, BD, bioMérieux SA, Boston Scientific Corporation, Coloplast Corp, Dentsply Sirona, Edwards Lifesciences Corporation, Essilor, General Electric Company, IBM Watson Health, Illumina, Inc., Institut Straumann AG, Intuitive Surgical, Johnson & Johnson Services, Inc., Koninklijke Philips N.V., Medtronic, Microsoft, Myriad Genetics, Inc., PathAI, inc., QIAGEN, Sanofi, Sartorius AG, Smith & Nephew, Sonova, Stryker, Thermo Fisher Scientific, Touch Surgery, Verily Life Sciences LLC, Zimmer Biomet, and Other Market Participants

Global HealthTech Market: Research Scope

By Component

  • Hardware
  • Software
  • Services

By Application

  • Diagnostic Imaging
  • In-Vitro Diagnostics
  • Class A
  • Class B
  • Class C
  • Class D
  • Orthopedics
  • Wound Management
  • Dental
  • Drug Delivery
  • Cardiology
  • General and Plastic Surgery
  • Ophthalmic
  • Others

By Product Categories

o    Active implantable Technology

  • Cardiac Pacemakers
  • Neurostimulators
  • Others

o    Anesthetic Respiratory Technology

  • Oxygen Mask
  • Gas Delivery Unit
  • Others

o    Dental Technology

  • Dentistry tools
  • Alloys
  • Others

o    Electromechanical Medical Technology

  • X-ray Machine
  • Laser
  • Others

o    Hospital Hardware

o    In-vitro Diagnostics Technology

  • Pregnancy Test
  • Genetic Test
  • Glucose Strip
  • Others

o    Non-active implantable Technology

o    Ophthalmic and Optical Technology

o    Spectacles

o    Contact Lenses

o    Intraocular Lenses

o    Others

o    Reusable instruments

o    Surgical Instruments

o    Anesthesia Apparatuses

o    Blood Transfusion Devices

o    Catheters

o    Hypodermic Needles

o    Others

o    Rigid Endoscopes

o    Blood Pressure Cuffs

o    Stethoscopes

o    Others

o    Single Use Technology

o    Technical Aids for Disabled

o    Wheelchairs

o    Walking Frames

o    Hearing Aids

o    Diagnostic and Therapeutic Radiation Technology

o    Complementary therapy devices

o    Acupuncture Needles/devices

o    Bio-Energy Mapping Systems/Software

o    Magnets

o    Moxibustion Devices

o    Others

o    Biological-derived Devices

o    Healthcare Facility Products and Adaptations

o    Laboratory Equipment

o    Others

By End Users

o    Hospitals

o    Clinics

o    Laboratory Institutes

o    Research Institutions

o    Healthcare Payers

o    Others

By Region

  • North America
  • Europe
  • Asia Pacific
  • Middle East and Africa
  • Latin America

Contact Us:

Contact Name: Shreyas Tanna

Company: Absolute Markets Insights

Email Id: [email protected]

Phone: IN +91-7400-24-24-24, US +1-510-420-1213


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