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(IT-NEWSWIRE.COM, May 26, 2017 ) As per the syndicated report published by Market Data Forecast, Europe Nanotechnology in Medical Devices Market which is estimated to be USD 1.28 billion in 2016 and expected to grow at a CAGR of 12.6%, to reach USD 2.31 billion by 2021 with a cumulative growth rate of USD 1.03 billion in the span of five years.
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It can attributed to the factors such as rising investments in research and development of Nanotechnology Market with international collaboration, rising aging population, increasing awareness, growing expenditure with increased availability of insurance coverage and reimbursement. However, there are few factors hampering the growth of the market that include high cost involving nanotechnology devices and stringent regulatory policies.
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Nanotechnology has been hailed as the next big thing for decades, but it is only now that it is truly becoming a reality in the medical device space. The main focus has been thin-film growth for medical device applications and 3-D printing at small scales. The devices themselves are getting a lot smaller. There's a lot going on in terms of wearables, and in the cardiovascular and diagnostics spaces. Nanotechnology has helped in contact lenses and virtual reality. A Nanotech detector for heart attacks, Dragonfly-Inspired Black Silicon Fights Off Bacteria, Tiny 3-D Printed Batteries, Super flexible Chips that Can Encircle a Strand of Hair, Silver Germ-Killers, Nanotech-Enabled Breathalyzer for Diabetics are some of the many advances nanotechnology has helped make in medical devices.
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Europe Nanotechnology in Medical Devices Market is segmented based on product and application below for attaining a more granular perspective of the market. In the report each sub segment is provided with Market Size Estimations and Y-o-Y Forecasts.
By Product
Implantable Material
Bone Restorative Material
Dental Filling Material
Active implantable material
Hearing Aid Devices
Cardiac Rhythm Management Devices
Biochips
Medical Textile and Wound Dressing
Others
By Application
Diagnostics
Therapeutics
Research
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Europe is an amalgamation of major economies like Germany, Spain, Italy, U.K. and France among others to name a few. The report justifies this by offering country wise data for the EU5 countries while taking some other predominant economies into consideration as well (Rest of Europe).
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The nanotechnology in medical device market is dominated by the players like Acusphere, Inc., AMAG Pharmaceuticals, 3M Company, St. Jude Medical, Inc., Affymetrix, Inc., PerkinElmer, Inc. Stryker Corporation, Starkey Hearing Technologies and Smith & Nephew, Inc.
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The Nanotechnology in Medical Devices market study offers the following deliverables:
Regional and country-level analysis that provides an innate perspective of European region and the aforementioned countries
Meticulously identifying the key areas of market growth by providing market size forecasts and y-o-y estimations at a Segment-level analysis
Explanations of key drivers, restraints, opportunities, and challenges (DROC) in the market and their impact on shifting market dynamics
Study of macro and micro environmental factors that affect the European market presented in the form of PESTLE and Porters Five Forces Analyses
Company overview, product portfolios, key financial information (subjected to availability), SWOT analysis and analyst overview of the key market players operating in the region
Competitive landscape analysis listing out the mergers, acquisitions, collaborations in the field along with new product launches, comparative financial studies and recent developments in the market by the major companies
Expertly devised Market Outlook - Investment opportunities to provide both individuals and organizations a strong financial foothold in the market
Checkout other related studies in the Europe Medical Devices Segment:
Europe Cardiac Assist Devices Market: http://www.marketdataforecast.com/market-reports/europe-cardiac-assist-devices-market-30/
Europe Ablation Technologies Market: http://www.marketdataforecast.com/market-reports/europe-ablation-technologies-market-2192/
Europe Endoscopy Devices Market: http://www.marketdataforecast.com/market-reports/europe-endoscopy-devices-market-723/
About us:
The publisher of this report Market Data Forecast is well known for the services they render in the area of market research and business intelligence. With rich experience in research across various business domains, they cater to the needs of both individual and corporate clients. Their research reports section offers a wide variety of market studies ranging from all-encompassing comprehensive market studies to product specific niche markets covering Europe among other regions of the global market as well, that too with competitive pricing options.
For more info kindly visit, www.marketdataforecast.com
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Market Data Forecast
Abhishek
+1-888- 702-9626
abhishek@marketdataforecast.com
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