SAN FRANCISCO, Oct. 21, 2021 /PRNewswire/ -- A new market study published by Global Industry Analysts Inc., (GIA) the premier market research company, today released its report titled "Nano Healthcare Technology for Medical Equipment - Global Market Trajectory & Analytics". The report presents fresh perspectives on opportunities and challenges in a significantly transformed post COVID-19 marketplace.
FACTS AT A GLANCE
Edition: 7; Released: April 2021
Executive Pool: 13491
Companies: 10 - Players covered include 3M Company; Abbott Laboratories; AstraZeneca PLC; Ferro Corporation; GE Global Research; Merck KgaA; PerkinElmer, Inc.; Smith & Nephew PLC; Stryker Corporation; Thermo Fisher Scientific, Inc. and Others.
Coverage: All major geographies and key segments
Segments: Application (Therapeutic Applications, Diagnostics Applications, Research Applications); Product Type (Biochips, Implantable Materials, Medical Textile and Wound Dressing, Active Implantable Devices, Other Product Types)
Geographies: World; United States; Canada; Japan; China; Europe (France; Germany; Italy; United Kingdom; and Rest of Europe); Asia-Pacific; Rest of World.
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Global Nano Healthcare Technology for Medical Equipment Market to Reach $11.1 Billion by 2026
Amid the COVID-19 crisis, the global market for Nano Healthcare Technology for Medical Equipment estimated at US$6.8 Billion in the year 2020, is projected to reach a revised size of US$11.1 Billion by 2026, growing at a CAGR of 8.4% over the analysis period. Biochips, one of the segments analyzed in the report, is projected to record a 11.2% CAGR and reach US$2.4 Billion by the end of the analysis period. After a thorough analysis of the business implications of the pandemic and its induced economic crisis, growth in the Implantable Materials segment is readjusted to a revised 9.9% CAGR for the next 7-year period.
The U.S. Market is Estimated at $2.2 Billion in 2021, While China is Forecast to Reach $1.9 Billion by 2026
The Nano Healthcare Technology for Medical Equipment market in the U.S. is estimated at US$2.2 Billion in the year 2021. China, the world`s second largest economy, is forecast to reach a projected market size of US$1.9 Billion by the year 2026 trailing a CAGR of 7.7% over the analysis period. Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 8.1% and 6.5% respectively over the analysis period. Within Europe, Germany is forecast to grow at approximately 6.5% CAGR.
Medical Textile and Wound Dressing Segment to Reach US$1.8 Billion by the year 2026
In the global Medical Textile and Wound Dressing segment, USA, Canada, Japan, China and Europe will drive the 5.4% CAGR estimated for this segment. These regional markets accounting for a combined market size of US$1.1 Billion in the year 2020 will reach a projected size of US$1.5 Billion by the close of the analysis period. China will remain among the fastest growing in this cluster of regional markets. More
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SOURCE Global Industry Analysts, Inc.