Global Drug-Device Combination Market Rising at 7.5% CAGR Due to Succeeding Healthcare Infrastructure

Drug-Device Combination Market is the tailwinds and headwinds of two parallel world walking alongside. The degrading rate of health across the globe will always propel the demand of medical advancement to handle the mounting problems, in the equal pace. This sole potential factor is responsible for driving the market of drug-devices combination to the zeniths height. The estimated value by the industry analysts is calculated above USD 188 billion during the forecast space of 2018 to 2025.

The accelerating ratio of products and robust healthcare infrastructure are adding the thrust to flourish the market, which is anticipated to be at the yearly growth rate of 7.5%, during the projected time phase of 2018 to 2025. The upsurge in the familiarity of drug devices, followed by the medical tourism in the backdrops of developing and emerging economies and rural areas is helping the drug-device combination market to grow.   

Drug-Device Combination Market Scenario

According to Data Bridge Market Research the market for drug-device combination is increasing the demand of efficient products with greater benefit and actions. The yield ratios of drug devices combination renders better results and enhances the diagnosis efficiency which is driving to build a strategic market growth and cater a fruitful base for business in the terms of revenue and volume.

Now the question is which are the other regions intuitive is targeting? Data Bridge Market Research has forecasted a large growth in North America, owing to the advanced healthcare infrastructure. On the contrary Asia-Pacific (APAC) is expected to bounce the market growth exponentially due to surging players’ penetration and government initiatives taken.

For more analysis on the drug-device combination market request for a briefing with our analysts

Drug-Device Combination Market Development and Acquisitions in 2019

  • In January 2020, a significant product is launched by Sensile Medical for patients suffering from Parkinson’s disease. The new infusion pump is wearable and is available by the name of D-mine. The product is especially designed to offer ease of movement and portability to the Parkinson sufferers which will operate on the micro-pump technology.   

Drug-Device Combination Market Scope

The drug-device combination market is segmented on the basis of countries into U.S., Canada and Mexico in North America, Germany, France, U.K., Netherlands, Switzerland, Belgium, Russia, Italy, Spain, Turkey, Rest of Europe in Europe, China, Japan, India, South Korea, Singapore, Malaysia, Australia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific (APAC) in Asia-Pacific (APAC), Saudi Arabia, U.A.E, South Africa, Egypt, Israel, Rest of Middle East and Africa (MEA) as a part of Middle East and Africa (MEA), Brazil, Argentina and Rest of South America as part of South America.

  • All country based analysis of drug-device combination market is further analyzed based on maximum granularity into further segmentation. Based on product, the drug-device combination market is segmented into infusion pumps, orthopedic combination products, photodynamic therapy devices, transdermal patches, drug eluting stents, wound care products, inhalers, and antimicrobial catheters. On the basis of application, the drug-device combination market is fragmented into cardio-vascular diseases, diabetes, respiratory diseases. On the basis of end user, the drug-device combination market is bifurcated into hospitals, clinics, medical laboratories, and home-care.
  • The devices aiding in the medical delivery and drug transmission in the healthcare industry are termed as drug-devices combination market. The mutual transmission of the drug, medication, therapy, operation and all the surgery procedures helping to proceed with route of drug or therapy administrations fall under the category of drug-device combination market.

To know more about

Key Pointers Covered in the Drug-Device Combination Market Industry Trends and Forecast to 2025

  • Market Size
  • Market New Sales Volumes
  • Market Replacement Sales Volumes
  • Market Installed Base
  • Market By Brands
  • Market Procedure Volumes
  • Market Product Price Analysis
  • Market Healthcare Outcomes
  • Market Cost of Care Analysis
  • Market Regulatory Framework and Changes
  • Market Prices and Reimbursement Analysis
  • Market Shares in Different Regions
  • Recent Developments for Market Competitors
  • Market Upcoming Applications
  • Market Innovators Study

Key Market Competitors Covered in the Report

  • Abbott Laboratories
  • Medtronic
  • Smith & Nephew plc
  • Boston Scientific Corporation
  • GlaxoSmithKline plc
  • Becton Dickinson and Company
  •  Johnson & Johnson
  •  Novartis AG
  •  Bayer AG
  •  Baxter International Inc.
  •  Allergan
  •  Bausch & Lomb Incorporated
  •  Stryker
  •  3M
  •  W.L. Gore & Associates, Inc.
  •  Biomet Inc.
  •  C.R. Bard Inc.
  •  Terumo Corporation
  •  Pinnacle Biologics Inc.
  •  Mylan N.V.
  •  Medline Industries Inc.

Above are the key players covered in the report to know about more and exhaustive list of drug-device combination companies’ contact us

Research Methodology of Drug-Device Combination Market

Data collection and base year analysis is done using data collection modules with large sample sizes. The market data is analysed and forecasted using market statistical and coherent models. Also market share analysis and key trend analysis are the major success factors in the market report. To know more please request an analyst call or can drop down your enquiry.

The key research methodology used by DBMR research team is data triangulation which involves data mining, analysis of the impact of data variables on the market, and primary (industry expert) validation. Apart from this, data models include Vendor Positioning Grid, Market Time Line Analysis, Market Overview and Guide, Company Positioning Grid, Company Market Share Analysis, Standards of Measurement, Top to Bottom Analysis and Vendor Share Analysis. To know more about the research methodology, drop in an inquiry to speak to our industry experts.

Related Reports

Browse in Healthcare Category Related Reports@