DUBLIN--(BUSINESS WIRE)--Research and Markets (http://www.researchandmarkets.com/research/ld2rvk/top_five_global) has announced the addition of the "Top Five Global Medical Equipment Companies: Performance, Strategies and Competitive Analysis" report to their offering.
Technology advancements, portability, and fusion technology applications are expected to drive the global medical equipment industry. The industry experienced average growth over the last five years and is expected to reach approximately US $93.6 billion in 2017 with a CAGR of 4.1% over the next five years.
The report provides detailed insight into the performance of the top five companies across the world. The analysis highlights the companies that are performing the best among the peer group, and in which areas, and therefore clarifies leading performance standards and the strengths and weaknesses of companies covered.
The global medical equipment market consists of the total revenues generated through ophthalmic equipment such as retinal cameras and ophthalmoscopes; in vitro diagnostic such as clinical diagnostic and immunoassay; diagnostic imaging equipment including X-ray, MRI, CT scan, and ultrasound; and dental equipment. In this study, Lucintel profiles the following five companies with detailed competitive assessments:
- Abbott
- General Electric
- Philips
- Roche
- Siemens
As per the study, dental equipment was the fastest-growing segment during 2006-2011 as introduction of CAD/CAM systems and laser technology resulted in cost effectiveness and better performance. The proportion of people over 65 years of age is increasing globally, enhancing the propensity of tooth replacement. Asia Pacific is currently a developing region and with improvement in economy, there is good growth potential in future. Governments in many Asian countries are ramping up efforts to increase medical insurance coverage and establish more hospitals.
For more information visit http://www.researchandmarkets.com/research/ld2rvk/top_five_global
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