Phototherapy Devices Market Forecast, Trend Analysis & Competition Tracking: Global Market insights 2017 to 2022
Published on : Jul-2017
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List of Tables : 224
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List of Figures : 69
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No. of Pages : 170
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Report Code : FACT76MR
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Format : 
Phototherapy devices are used for treating neonatal jaundice and various skin conditions. These devices are extensively used in procedures such as reducing of bilirubin serum concentration or curing bilirubin toxicity. Phototherapy devices are also used in treating hyperbilirubinemia in both haemolytic and non-hemolytic conditions. These devises can effectively reduce the need for frequent blood transfusion. Phototherapy devices are facilitating greater patient convenience and hence witnessing widespread adoption in hospitals and clinics.
Increasing prevalence of skin ailments such as psoriasis and eczema across the globe and advancement of phototherapy technology is expected to influence the global phototherapy devices market over the next couple of years. As the number of patients with skin conditions continue to soar, urgency of developing advance treatment modules also grows in parallel. The introduction of cost-effective phototherapy devices based on LED technology that are more efficient than the conventional devices is bringing hope to patients. Over the years, phototherapy treatment has continuously evolved due to the arrival of new technological peripherals. Factors as such, have been instrumental in driving the adoption of phototherapy devices. Phototherapy devices are being increasingly used in treating neonatal jaundice, which is common among new born babies with high amount of bilirubinlevels. However, the introduction of alternative mode of treatments and potential risks of side-effects coupled with stringent regulations on product approval remain a major challenge for manufacturers of phototherapy devices. As per the latest report published by Fact.MR, the global phototherapy devices market will expand at 4.7% CAGR over the forecast period (2017-2022)
Market Taxonomy
|
Product Type |
End User |
Light Type |
|
Conventional Phototherapy Devices |
Hospitals |
White Light |
|
Fiber Optic Phototherapy Devices |
Dermatology Clinics |
Red Light |
|
Others |
Home Care Settings |
Blue Light |
|
Others |
(Additional information, including cross-sectional data and country-wise analysis & forecast is available in the report)
North America to Lead the Global Phototherapy Devices Market
In terms of revenue, the phototherapy devices market in North America is expected to remain highly attractive throughout the forecast period. In addition, the region’s market is projected to expand at little under 4% CAGR over 2022. Meanwhile, the markets in Asia-Pacific excluding Japan (APEJ) and Europe are also projected to register a steady growth over the next five years.
On the basis of product type, adoption of the conventional phototherapy devices is significantly high. Global sales of conventional phototherapy devices currently accounts for close to 55% revenue share of the market and this trend is likely to continue in 2017 and beyond.
By end use, the hospitals segment currently accounts for more than 60% market share in terms of revenue. Towards the end of the forecast period, more than US$ 395 Mn worth phototherapy devices are estimated to be installed in hospitals across the globe.
Competition Tracking
Key players mentioned in Fact.MR’s report include Drägerwerk AG & Co. KGaA, Medela AG, General Electric Company, Natus Medical Incorporated, Hill-Rom, Solarc Systems Inc., The Daavlin Company, Schulze & Böhm GmbH, Medisana AG, Guangzhou Beautylife Electronic Technology co.,Ltd, Herbert Waldmann GmbH & Co. KG, Philips Lighting Holding B.V., National Biological Corp., Nice Neotech Medical Systems Pvt. Ltd., Phoenix Medical Systems Pvt. Ltd., ALFAMEDIC S.R.O., NINGBO DAVID MEDICAL DEVICE CO., LTD., Heal Force Bio-Meditech Holdings Limited, Natus Medical Incorporated and DIXION.
Note: The insights mentioned here are of the respective analysts, and do not reflect the position of Fact.MR
Majority of phototherapy device manufacturers are actively focusing on raising the standards of medical technology in skin disease treatment. Rising concerns over severe skin ailments and introduction of advanced phototherapy treatments is facilitating the growth of the global phototherapy device market. A recent report by Fact.MR provides in-depth analysis of the global phototherapy devices market for the forecast period 2017-2022, and offers pragmatic insights to lead market players towards devising & implementing informed strategies.
Scope
The scope of Fact.MR’s report is to analyze the global phototherapy devices market for the forecast period 2017-2022 and provide readers an unbiased and accurate analysis. Phototherapy device manufacturers, and stakeholders in the global market can benefit from the analysis offered in this report. This report offers a comprehensive analysis, which can be of interest to leading magazines and journals pertaining to healthcare.
Summary
The report commences with a brief information of the global phototherapy devices market. This executive summary sets the tone for the rest of the report, providing users the scope of the report. The executive summary includes important facts and statistics on the global phototherapy devices market.
Overview
The next section offers an overview of the global phototherapy devices market. This comprises an introduction to the market, along with a standard definition of - phototherapy devices. In this section, market value and year-over-year growth is offered to the readers. Year-over-year growth provides readers with a broader view of growth patterns over the forecast period.
The report’s succeeding section focuses on drivers, restraints and key trends from macroeconomic, demand, and supply perspectives. Impact analysis of weighted average model-based growth drivers is contained in the report for better provision of decision-making insights to clients.
In order to offer readers with up-to-date information about the latest advancements in the global phototherapy devices market, the report provides updates on market opportunities, which can benefit leading manufacturers of phototherapy devices. With continuous evolution of the healthcare sector, keeping a record of latest developments and trends is fundamental for phototherapy device manufacturers to formulate key business strategies. Detailed information on product sourcing, pricing analysis, cost structure, list of market players is provided in this section.
Considering the wide scope of the global phototherapy devices market and to offer in-depth insights, Fact.MR’s report provides segment-wise analysis and forecast. The phototherapy devices market has been categorized on the basis of product type, end-user, light type and region. This segmentation analysis is comprehensive, coupled with a detailed country-wise forecast provided on all parameters.
The report’s last section comprises of the global phototherapy devices market competitive landscape, to provide readers with the dashboard view of company analysis and market players. This competitive intelligence is based on the providers’ categories across value chain, and their presence in the global phototherapy devices market.
Research Methodology
Fact.MR is committed to offer unbiased and independent market research solutions to its clients. Each market report of Fact.MR is compiled after months of exhaustive research. We bank on a mix of tried-and-tested and innovative research methodologies to offer the most comprehensive and accurate information. Our main sources of research include,
- Primary research
- Secondary research
- Trade research
- Focused interviews
- Social media analysis
1. Global Phototherapy Devices Market - Executive Summary
2. Global Phototherapy Devices Market Overview
2.1. Introduction
2.1.1. Global Phototherapy Devices Market Taxonomy
2.1.2. Global Phototherapy Devices Market Definition
2.2. Global Phototherapy Devices Market Size (US$ Mn) and Forecast, 2012-2022
2.2.1. Global Phototherapy Devices Market Y-o-Y Growth
2.3. Global Phototherapy Devices Market Dynamics
2.3.1. Drivers
2.3.2. Restraints
2.3.3. Trends
2.4. Supply Chain
2.5. Epidemiology
2.6. List of Distributors
2.7. Average Pricing Analysis
2.8. Regulations
2.9. Key Participants Market Presence (Intensity Map) By Region
3. Global Phototherapy Devices Market Analysis and Forecast By Product Type
3.1. Global Phototherapy Devices Market Size and Forecast By Product Type, 2012-2022
3.1.1. Conventional Phototherapy Devices Phototherapy Devices Market Size and Forecast, 2012-2022
3.1.1.1. Revenue (US$ Mn) Comparison, By Region
3.1.1.2. Market Share Comparison, By Region
3.1.1.3. Y-o-Y growth Comparison, By Region
3.1.2. Fiber Optic Phototherapy Devices Phototherapy Devices Market Size and Forecast, 2012-2022
3.1.2.1. Revenue (US$ Mn) Comparison, By Region
3.1.2.2. Market Share Comparison, By Region
3.1.2.3. Y-o-Y growth Comparison, By Region
3.1.3. Others Phototherapy Devices Market Size and Forecast, 2012-2022
3.1.3.1. Revenue (US$ Mn) Comparison, By Region
3.1.3.2. Market Share Comparison, By Region
3.1.3.3. Y-o-Y growth Comparison, By Region
4. Global Phototherapy Devices Market Analysis and Forecast By End User
4.1. Global Phototherapy Devices Market Size and Forecast By End User, 2012-2022
4.1.1. Hospitals Phototherapy Devices Market Size and Forecast, 2012-2022
4.1.1.1. Revenue (US$ Mn) Comparison, By Region
4.1.1.2. Market Share Comparison, By Region
4.1.1.3. Y-o-Y growth Comparison, By Region
4.1.2. Dermatology Clinics Phototherapy Devices Market Size and Forecast, 2012-2022
4.1.2.1. Revenue (US$ Mn) Comparison, By Region
4.1.2.2. Market Share Comparison, By Region
4.1.2.3. Y-o-Y growth Comparison, By Region
4.1.3. Home Care Settings Phototherapy Devices Market Size and Forecast, 2012-2022
4.1.3.1. Revenue (US$ Mn) Comparison, By Region
4.1.3.2. Market Share Comparison, By Region
4.1.3.3. Y-o-Y growth Comparison, By Region
5. Global Phototherapy Devices Market Analysis and Forecast By Light Type
5.1. Global Phototherapy Devices Market Size and Forecast By Light Type, 2012-2022
5.1.1. White Light Phototherapy Devices Market Size and Forecast, 2012-2022
5.1.1.1. Revenue (US$ Mn) Comparison, By Region
5.1.1.2. Market Share Comparison, By Region
5.1.1.3. Y-o-Y growth Comparison, By Region
5.1.2. Red Light Phototherapy Devices Market Size and Forecast, 2012-2022
5.1.2.1. Revenue (US$ Mn) Comparison, By Region
5.1.2.2. Market Share Comparison, By Region
5.1.2.3. Y-o-Y growth Comparison, By Region
5.1.3. Blue Light Phototherapy Devices Market Size and Forecast, 2012-2022
5.1.3.1. Revenue (US$ Mn) Comparison, By Region
5.1.3.2. Market Share Comparison, By Region
5.1.3.3. Y-o-Y growth Comparison, By Region
5.1.4. Others Phototherapy Devices Market Size and Forecast, 2012-2022
5.1.4.1. Revenue (US$ Mn) Comparison, By Region
5.1.4.2. Market Share Comparison, By Region
5.1.4.3. Y-o-Y growth Comparison, By Region
6. Global Phototherapy Devices Market Analysis and Forecast By Region
6.1. Global Phototherapy Devices Market Size and Forecast, 2012-2022
6.1.1. North America Phototherapy Devices Market Size and Forecast, 2012-2022
6.1.1.1. Revenue (US$ Mn) Comparison, By Product Type
6.1.1.2. Revenue (US$ Mn) Comparison, By End User
6.1.1.3. Revenue (US$ Mn) Comparison, By Light Type
6.1.2. Latin America Phototherapy Devices Market Size and Forecast, 2012-2022
6.1.2.1. Revenue (US$ Mn) Comparison, By Product Type
6.1.2.2. Revenue (US$ Mn) Comparison, By End User
6.1.2.3. Revenue (US$ Mn) Comparison, By Light Type
6.1.3. Europe Phototherapy Devices Market Size and Forecast, 2012-2022
6.1.3.1. Revenue (US$ Mn) Comparison, By Product Type
6.1.3.2. Revenue (US$ Mn) Comparison, By End User
6.1.3.3. Revenue (US$ Mn) Comparison, By Light Type
6.1.4. Japan Phototherapy Devices Market Size and Forecast, 2012-2022
6.1.4.1. Revenue (US$ Mn) Comparison, By Product Type
6.1.4.2. Revenue (US$ Mn) Comparison, By End User
6.1.4.3. Revenue (US$ Mn) Comparison, By Light Type
6.1.5. APEJ Phototherapy Devices Market Size and Forecast, 2012-2022
6.1.5.1. Revenue (US$ Mn) Comparison, By Product Type
6.1.5.2. Revenue (US$ Mn) Comparison, By End User
6.1.5.3. Revenue (US$ Mn) Comparison, By Light Type
6.1.6. MEA Phototherapy Devices Market Size and Forecast, 2012-2022
6.1.6.1. Revenue (US$ Mn) Comparison, By Product Type
6.1.6.2. Revenue (US$ Mn) Comparison, By End User
6.1.6.3. Revenue (US$ Mn) Comparison, By Light Type
7. North America Phototherapy Devices Market Analysis and Forecast, By Country, 2012-2022
7.1. US Phototherapy Devices Market Size and Forecast, 2012-2022
7.1.1. Revenue (US$ Mn) Comparison, By Product Type
7.1.2. Revenue (US$ Mn) Comparison, By End User
7.1.3. Revenue (US$ Mn) Comparison, By Light Type
7.2. Canada Phototherapy Devices Market Size and Forecast, 2012-2022
7.2.1. Revenue (US$ Mn) Comparison, By Product Type
7.2.2. Revenue (US$ Mn) Comparison, By End User
7.2.3. Revenue (US$ Mn) Comparison, By Light Type
8. Latin America Phototherapy Devices Market Analysis and Forecast, By Country, 2012-2022
8.1. Brazil Phototherapy Devices Market Size and Forecast, 2012-2022
8.1.1. Revenue (US$ Mn) Comparison, By Product Type
8.1.2. Revenue (US$ Mn) Comparison, By End User
8.1.3. Revenue (US$ Mn) Comparison, By Light Type
8.2. Mexico Phototherapy Devices Market Size and Forecast, 2012-2022
8.2.1. Revenue (US$ Mn) Comparison, By Product Type
8.2.2. Revenue (US$ Mn) Comparison, By End User
8.2.3. Revenue (US$ Mn) Comparison, By Light Type
8.3. Argentina Phototherapy Devices Market Size and Forecast, 2012-2022
8.3.1. Revenue (US$ Mn) Comparison, By Product Type
8.3.2. Revenue (US$ Mn) Comparison, By End User
8.3.3. Revenue (US$ Mn) Comparison, By Light Type
9. Europe Phototherapy Devices Market Analysis and Forecast, By Country, 2012-2022
9.1. Germany Phototherapy Devices Market Size and Forecast, 2012-2022
9.1.1. Revenue (US$ Mn) Comparison, By Product Type
9.1.2. Revenue (US$ Mn) Comparison, By End User
9.1.3. Revenue (US$ Mn) Comparison, By Light Type
9.2. UK Phototherapy Devices Market Size and Forecast, 2012-2022
9.2.1. Revenue (US$ Mn) Comparison, By Product Type
9.2.2. Revenue (US$ Mn) Comparison, By End User
9.2.3. Revenue (US$ Mn) Comparison, By Light Type
9.3. France Phototherapy Devices Market Size and Forecast, 2012-2022
9.3.1. Revenue (US$ Mn) Comparison, By Product Type
9.3.2. Revenue (US$ Mn) Comparison, By End User
9.3.3. Revenue (US$ Mn) Comparison, By Light Type
9.4. Spain Phototherapy Devices Market Size and Forecast, 2012-2022
9.4.1. Revenue (US$ Mn) Comparison, By Product Type
9.4.2. Revenue (US$ Mn) Comparison, By End User
9.4.3. Revenue (US$ Mn) Comparison, By Light Type
9.5. Italy Phototherapy Devices Market Size and Forecast, 2012-2022
9.5.1. Revenue (US$ Mn) Comparison, By Product Type
9.5.2. Revenue (US$ Mn) Comparison, By End User
9.5.3. Revenue (US$ Mn) Comparison, By Light Type
9.6. Nordic Phototherapy Devices Market Size and Forecast, 2012-2022
9.6.1. Revenue (US$ Mn) Comparison, By Product Type
9.6.2. Revenue (US$ Mn) Comparison, By End User
9.6.3. Revenue (US$ Mn) Comparison, By Light Type
10. Japan Phototherapy Devices Market Analysis and Forecast, By Country, 2012-2022
10.1. Japan Phototherapy Devices Market Size and Forecast, 2012-2022
10.1.1. Revenue (US$ Mn) Comparison, By Product Type
10.1.2. Revenue (US$ Mn) Comparison, By End User
10.1.3. Revenue (US$ Mn) Comparison, By Light Type
11. APEJ Phototherapy Devices Market Analysis and Forecast, By Country, 2012-2022
11.1. China Phototherapy Devices Market Size and Forecast, 2012-2022
11.1.1. Revenue (US$ Mn) Comparison, By Product Type
11.1.2. Revenue (US$ Mn) Comparison, By End User
11.1.3. Revenue (US$ Mn) Comparison, By Light Type
11.2. India Phototherapy Devices Market Size and Forecast, 2012-2022
11.2.1. Revenue (US$ Mn) Comparison, By Product Type
11.2.2. Revenue (US$ Mn) Comparison, By End User
11.2.3. Revenue (US$ Mn) Comparison, By Light Type
11.3. Malaysia Phototherapy Devices Market Size and Forecast, 2012-2022
11.3.1. Revenue (US$ Mn) Comparison, By Product Type
11.3.2. Revenue (US$ Mn) Comparison, By End User
11.3.3. Revenue (US$ Mn) Comparison, By Light Type
11.4. Thailand Phototherapy Devices Market Size and Forecast, 2012-2022
11.4.1. Revenue (US$ Mn) Comparison, By Product Type
11.4.2. Revenue (US$ Mn) Comparison, By End User
11.4.3. Revenue (US$ Mn) Comparison, By Light Type
11.5. Singapore Phototherapy Devices Market Size and Forecast, 2012-2022
11.5.1. Revenue (US$ Mn) Comparison, By Product Type
11.5.2. Revenue (US$ Mn) Comparison, By End User
11.5.3. Revenue (US$ Mn) Comparison, By Light Type
11.6. Australia Phototherapy Devices Market Size and Forecast, 2012-2022
11.6.1. Revenue (US$ Mn) Comparison, By Product Type
11.6.2. Revenue (US$ Mn) Comparison, By End User
11.6.3. Revenue (US$ Mn) Comparison, By Light Type
12. MEA Phototherapy Devices Market Analysis and Forecast, By Country, 2012-2022
12.1. GCC Countries Phototherapy Devices Market Size and Forecast, 2012-2022
12.1.1. Revenue (US$ Mn) Comparison, By Product Type
12.1.2. Revenue (US$ Mn) Comparison, By End User
12.1.3. Revenue (US$ Mn) Comparison, By Light Type
12.2. South Africa Phototherapy Devices Market Size and Forecast, 2012-2022
12.2.1. Revenue (US$ Mn) Comparison, By Product Type
12.2.2. Revenue (US$ Mn) Comparison, By End User
12.2.3. Revenue (US$ Mn) Comparison, By Light Type
12.3. Nigeria Phototherapy Devices Market Size and Forecast, 2012-2022
12.3.1. Revenue (US$ Mn) Comparison, By Product Type
12.3.2. Revenue (US$ Mn) Comparison, By End User
12.3.3. Revenue (US$ Mn) Comparison, By Light Type
12.4. Israel Phototherapy Devices Market Size and Forecast, 2012-2022
12.4.1. Revenue (US$ Mn) Comparison, By Product Type
12.4.2. Revenue (US$ Mn) Comparison, By End User
12.4.3. Revenue (US$ Mn) Comparison, By Light Type
13. Global Phototherapy Devices Market Company/Manufactures/Distributors/Suppliers Profile and Revenue Projections
13.1. Company Share Analysis By Region
13.2. Drägerwerk AG & Co. KGaA
13.2.1. Company Overview
13.2.2. Phototherapy Devices Market Product Type list
13.2.3. Phototherapy Devices Market Product Type Sales Data and Key Financials
13.2.4. Key Developments
13.2.5. SWOT Analysis
13.3. General Electric Company
13.3.1. Company Overview
13.3.2. Phototherapy Devices Market Product Type list
13.3.3. Phototherapy Devices Market Product Type Sales Data and Key Financials
13.3.4. Key Developments
13.3.5. SWOT Analysis
13.4. Medela AG
13.4.1. Company Overview
13.4.2. Phototherapy Devices Market Product Type list
13.4.3. Phototherapy Devices Market Product Type Sales Data and Key Financials
13.4.4. Key Developments
13.4.5. SWOT Analysis
13.5. Hill-Rom
13.5.1. Company Overview
13.5.2. Phototherapy Devices Market Product Type list
13.5.3. Phototherapy Devices Market Product Type Sales Data and Key Financials
13.5.4. Key Developments
13.5.5. SWOT Analysis
13.6. Natus Medical Incorporated
13.6.1. Company Overview
13.6.2. Phototherapy Devices Market Product Type list
13.6.3. Phototherapy Devices Market Product Type Sales Data and Key Financials
13.6.4. Key Developments
13.6.5. SWOT Analysis
13.7. The Daavlin Company
13.7.1. Company Overview
13.7.2. Phototherapy Devices Market Product Type list
13.7.3. Phototherapy Devices Market Product Type Sales Data and Key Financials
13.7.4. Key Developments
13.7.5. SWOT Analysis
13.8. Solarc Systems Inc.
13.8.1. Company Overview
13.8.2. Phototherapy Devices Market Product Type list
13.8.3. Phototherapy Devices Market Product Type Sales Data and Key Financials
13.8.4. Key Developments
13.8.5. SWOT Analysis
13.9. Schulze & Böhm GmbH
13.9.1. Company Overview
13.9.2. Phototherapy Devices Market Product Type list
13.9.3. Phototherapy Devices Market Product Type Sales Data and Key Financials
13.9.4. Key Developments
13.9.5. SWOT Analysis
13.10. Guangzhou Beautylife Electronic Technology co.,Ltd
13.10.1. Company Overview
13.10.2. Phototherapy Devices Market Product Type list
13.10.3. Phototherapy Devices Market Product Type Sales Data and Key Financials
13.10.4. Key Developments
13.10.5. SWOT Analysis
13.11. Medisana AG
13.11.1. Company Overview
13.11.2. Phototherapy Devices Market Product Type list
13.11.3. Phototherapy Devices Market Product Type Sales Data and Key Financials
13.11.4. Key Developments
13.11.5. SWOT Analysis
13.12. Herbert Waldmann GmbH & Co. KG
13.12.1. Company Overview
13.12.2. Phototherapy Devices Market Product Type list
13.12.3. Phototherapy Devices Market Product Type Sales Data and Key Financials
13.12.4. Key Developments
13.12.5. SWOT Analysis
13.13. National Biological Corp.
13.13.1. Company Overview
13.13.2. Phototherapy Devices Market Product Type list
13.13.3. Phototherapy Devices Market Product Type Sales Data and Key Financials
13.13.4. Key Developments
13.13.5. SWOT Analysis
13.14. Philips Lighting Holding B.V.
13.14.1. Company Overview
13.14.2. Phototherapy Devices Market Product Type list
13.14.3. Phototherapy Devices Market Product Type Sales Data and Key Financials
13.14.4. Key Developments
13.14.5. SWOT Analysis
13.15. Phoenix Medical Systems Pvt. Ltd.
13.15.1. Company Overview
13.15.2. Phototherapy Devices Market Product Type list
13.15.3. Phototherapy Devices Market Product Type Sales Data and Key Financials
13.15.4. Key Developments
13.15.5. SWOT Analysis
13.16. Nice Neotech Medical Systems Pvt. Ltd.
13.16.1. Company Overview
13.16.2. Phototherapy Devices Market Product Type list
13.16.3. Phototherapy Devices Market Product Type Sales Data and Key Financials
13.16.4. Key Developments
13.16.5. SWOT Analysis
13.17. NINGBO DAVID MEDICAL DEVICE CO., LTD.
13.17.1. Company Overview
13.17.2. Phototherapy Devices Market Product Type list
13.17.3. Phototherapy Devices Market Product Type Sales Data and Key Financials
13.17.4. Key Developments
13.17.5. SWOT Analysis
13.18. ALFAMEDIC S.R.O.
13.18.1. Company Overview
13.18.2. Phototherapy Devices Market Product Type list
13.18.3. Phototherapy Devices Market Product Type Sales Data and Key Financials
13.18.4. Key Developments
13.18.5. SWOT Analysis
13.19. Heal Force Bio-Meditech Holdings Limited
13.19.1. Company Overview
13.19.2. Phototherapy Devices Market Product Type list
13.19.3. Phototherapy Devices Market Product Type Sales Data and Key Financials
13.19.4. Key Developments
13.19.5. SWOT Analysis
13.20. DIXION
13.20.1. Company Overview
13.20.2. Phototherapy Devices Market Product Type list
13.20.3. Phototherapy Devices Market Product Type Sales Data and Key Financials
13.20.4. Key Developments
13.20.5. SWOT Analysis
13.21.Natus Medical Incorporated
13.21.1. Company Overview
13.21.2. Phototherapy Devices Market Product Type list
13.21.3. Phototherapy Devices Market Product Type Sales Data and Key Financials
13.21.4. Key Developments
13.21.5. SWOT Analysis
14. Research Methodology
15. Secondary and Primary Sources
16. Assumptions and Acronyms
17. Disclaimer
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Phototherapy Devices Market Forecast, Trend Analysis & Competition Tracking: Global Market insights 2017 to 2022