PUNE, India, May 26, 2016 /PRNewswire-iReach/ -- Access Report: Healthcare OEM Manufacturers Market Research Report- Global Forecast to 2024

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Global Healthcare OEM Manufacturers Market Report: Overview

The global medical device industry has experienced significant growth in the last few years and is expected that the growth will be continue with a CAGR of more than 6% during the forecasted period. The medical device industry is comprised of surgical, cardiovascular, home healthcare, general medical and other devices. This is one of the prime factors for the growth of Original Equipment market in Healthcare industries.

OEM or Original equipment Manufacturer is a company that makes a part or subsystem that is used in another company's end product. For instance, if Acme Manufacturing Co. makes power cords that are used on IBM computers, Acme is the OEM. OEM can be an automotive company, healthcare, Software Company, cosmetics industry among others. When referring to auto parts, OEM refers to the manufacturer who manufacturer the automotive parts which are used to installed or assembled during the construction of a new vehicle. Microsoft is one of the examples of companies that issues OEM software for their windows operating systems.

OEM manufacturers help healthcare industries by providing them reliable, innovative and feature-rich medical devices such as membranes, filtration devices and separation systems.

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Global Healthcare OEM Manufacturers Market Report: Application

OEM has application in various healthcare areas such as cardiovascular, imaging, surgeries, diagnostics neurology. In present scenario, OEM wrist watches, blood pressure smart watch is been introduced into the healthcare market for the therapy of Cardiovascular and Cerebrovascular diseases. OEM Diabetic injecting insulin pen is been used by doctors and practitioners for the therapy and study of Diabetes. Also Cardiac rhythm management is performing with the help of OEM photo etching phenomenon.

Global Healthcare OEM Manufacturers Market Report: Market Influencer

The major growth drivers of Global OEM manufacturer market includes rising need to cut healthcare costs, reduce estimated time to repair (ETTR) of equipment, innovations in IT to minimize maintenance costs, and growing need to collect equipment data and integrate healthcare systems and increasing availability of data and information. The growing technical advantages and growing GDP are also raising the growth of Healthcare OEM Manufacturer Market.

However, Obsolescence is one of the major restraints for the OEM manufacturing industry; it regularly affects auto parts production as with the change in technology the parts manufactured with existing technology finds less usage. High cost and lack of expertise and professionals is hindering the Global Healthcare OEM Manufacturing Market.

Global Healthcare OEM Manufacturers Market Report: Market Segmentation

The Global Healthcare OEM Manufacturing Market can be segmented into therapeutic areas, material processing sectors, medical device market and applications,

Global Healthcare OEM Manufacturing Market by Therapeutic areas:

-   Cardiovascular

-   General surgery

-   Imaging

-   Diagnostics

-   Ophthalmology

-   Orthopedics

-   Respiratory

-   Neurology

-   Urology

Global Healthcare OEM Manufacturing Market by Material Processing Sectors:

-       Material Handling and Packaging Equipment

-       Materials, Chemicals and Adhesives

-       Metal Fabrication and Metal Injection Molding

-       Plastic Extrusions & Moldings

-       Flow Control and Fluid Transfer

-       Fluid Power Components

-       Sterilization Processes

Global Healthcare OEM Manufacturing Market by Medical Device Market:

-   Commodity

-   Non-commodity

Global Healthcare OEM Manufacturing Market by Applications:

-   Orthopedic

-   Surgical

-   Diagnostic

-   Stents and Catheters

-   Syringes and hypodermic needles

-   Blood transfusion and intravenous

Global Healthcare OEM Manufacturers Market Report: Regional Analysis

The regional analysis includes North America, Europe, Asia Pacific, Middle East and rest of the world.

The Healthcare OEM Manufacturer Market is expected to grow with a CAGR of more than XX% during the forecasted period. The major growth drivers of Healthcare OEM Manufacturer Market

North America:

North America is dominating region in Global Healthcare OEM Manufacturing Market followed by Europe and Asia-Pacific. The US medical device industry is the global leader having approximate 40% market share in the global medical device industries and it is expected that it will grow with a CAGR of more than 6% during the forecasted period. 

Asia-Pacific:

Asia –pacific is the emerging market in Global Healthcare OEM Manufacturing Market. Taiwan boasts one of the most progressive health systems in Asia, as well as a highly-regarded national health insurance

Programme. Taiwan currently spends about 6-7% of its GDP on healthcare, which is similar to regional levels also the medical device market is growing with a CAGR of about 8% during the forecasted period. Further steady growth is expected in the coming years on account of the ageing population and subsequent rise in demand for healthcare products and services. 

Global Healthcare OEM Manufacturers Market Report: Key Players

Some of the major market players in Global Healthcare OEM Manufacturers market are as follows: GE Healthcare (U.K.), Siemens Healthcare GmbH (Germany), Koninklijke Philips N.V. (Netherlands), Aramark (U.S.), Toshiba Medical Systems Corporation (Japan), Fujifilm Holdings Corporation (Japan), Hitachi Medical Systems America, Inc. (U.S.), Esaote SpA (Italy), and Drägerwerk AG & Co. KGaA (Germany).

Global Healthcare OEM Manufacturers Market Report: Latest Trends

-       Siemens Healthiness – The new brand for Siemens' healthcare business announced on 4th May 2016:  The new brand underlines Siemens Healthcare's pioneering spirit and its engineering expertise in the healthcare industry.

-       Siemens presents new Dual Source computer tomography Soma tom Drive, announced on 3rd March 2016: this device will provide precise diagnostic in all areas of radiology.

The reports also covers brief analysis of Geographical Region includes:

Americas

-North America

-US

-Canada

Europe

-Western Europe

-Germany

-France

-Italy

-Spain

-U.K

-Rest of Western Europe

-Eastern Europe

-Poland

-Russia

Asia– Pacific

-Asia

-China

-India

-Japan

-Rest of Asia

-Pacific Countries

-Australia

-New Zealand

-The Middle East& Africa

The report on Healthcare OEM Manufacturers Market comprises of extensive primary research along with the detailed analysis of qualitative as well as quantitative aspects by various industry experts, key opinion leaders to gain the deeper insight of the market and industry performance.

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Media Contact: Norah Trent, WiseGuy Reports, +1 646 845 9349, sales@wiseguyreports.com

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SOURCE Market Research Future