- The key vendors in the Medical Technologies Market in the APAC Region 2015-2019 are Becton, Dickinson and Co. (BD), GE Healthcare, Johnson & Johnson, Medtronic Inc., Roche Diagnostics and Siemens Healthcare Diagnostics Inc.
London, 07 January 2015: TechNavio, an independent tech-focused global research firm, has announced the publication of its market research report on the Medical Technologies Market in the APAC Region 2015-2019. One key trend upcoming in this market is the emergence of user-friendly technologies, which reduce the number of hospital visits and help in the close monitoring of a patient’s physiological parameters. The emergence of user-friendly technologies permits the frequent evaluation of these parameters without any assistance from a physician. The Medical Technologies market in the APAC region is expected to post a CAGR of 9.87 percent during the period 2014-2019.
“Medtech vendors are shifting their focus toward developing economies, as most of the countries have large populations compared with developed countries,” says Faisal Ghaus, Vice President of TechNavio Research.
“Factors such as lenient regulatory guidelines, low manufacturing costs, skilled labor, and limited market competition are some of the incentives offered by developing countries; thereby increasing manufacturers’ profits.”
To define the market conditions in the next 3-4 years, TechNavio analysts have conducted in-depth analysis of the impact of market drivers, challenges and trends featuring data on product segmentations, vendor shares, growth rate by revenue and an evaluation of the different buying criteria in the order of importance.
https://www.technavio.com/%3Cp%3EIf%20you%20are%20interested%20in%20more%…
