Market Overview:
The global medical linear actuator market is expected to grow at a CAGR of 5.5% during the forecast period from 2018 to 2030. The growth in this market can be attributed to the increasing demand for minimally invasive surgeries and rising prevalence of chronic diseases. In addition, technological advancements in medical linear actuators are also contributing to the growth of this market. Based on type, the global medical linear actuator market is segmented into circular voice coil actuators, flat voice coil actuators, and others. Circular voice coil actuators are expected to dominate the global medical linear actuator market during the forecast period owing to their high performance and reliability. Based on application, hospital accounted for majority share of the global medical linear actuator market in 2017 and is projected to maintain its dominance during the forecast period.
Product Definition:
A medical linear actuator is a device that uses electricity to create linear motion. This type of actuator is often used in medical devices, such as infusion pumps and dialysis machines. The importance of a medical linear actuator lies in its ability to provide precise, consistent motion for critical applications.
Circular Voice Coil Actuators:
Voice coil actuators are used in medical linear actuator market owing to their properties such as high torque, low mass and volume, and simple design. The voice coil is the core of a loudspeaker. It is an electromagnetic device that produces electrical energy in form of sound waves when it is spun at a high speed.
Flat Voice Coil Actuators:
Flat voice coil actuators are used in medical linear actuator market for the purpose of providing smooth and accurate motion control. These flat voice coil actuators are available in different forms such as rods, bars, discs and others. The size of these flat voice coil actuators depends upon the type of application it is used for. It can be customized according to user requirements by changing its shape and size through molding process known as extrusion.
Application Insights:
The other application segment includes laboratories, diagnostic centers, and others. The demand for LDACs is expected to grow at a significant rate owing to their ability to reduce patient trauma and facilitate easy mobility. Furthermore, the actuators are used in various medical equipment such as drug pumps, surgical robots, wheelchairs with gyrosscope sensors that enable 3D navigation and allow free movement in all axes.
Based on applications the market has been classified into hospitality/clinical applications including hospitals & clinics; laboratory; diagnostic centers; home healthcare services; rehabilitation facilities etc., Other Applications include pharmaceutical companies R&D centers etc.
Regional Analysis:
North America dominated the global market in 2017. The region is expected to maintain its position during the forecast period. This can be attributed to increasing government funding for R&D, presence of key industry players, and rising healthcare expenditure in the U.S., which has been one of the highest spending sectors in this country over the years.
Asia Pacific is anticipated to witness lucrative growth over a projected period owing to factors such as improving healthcare infrastructure and growing medical tourism due to availability of affordable treatment options in countries like India & China as compared to other developed nations across the globe. Moreover, an increase in disposable income levels will also contribute toward regional growth during future years due high demand for advanced medical devices coupled with rising incidence rate of chronic diseases that require surgical procedures or devices such as heart surgeries & orthopedic implants etc.
Growth Factors:
- Increasing demand for minimally invasive surgeries: The medical linear actuator market is expected to benefit from the increasing demand for minimally invasive surgeries. This is because the use of medical linear actuators helps in performing these surgeries with precision and accuracy.
- Technological advancements: The medical linear actuator market is expected to benefit from the technological advancements that are taking place in this sector. This is because new technologies help in developing better and more efficient products, which can be used by hospitals and other healthcare institutions across the world.
- Rising number of surgical procedures: The number of surgical procedures being carried out across the world is rising rapidly, which is benefiting the medical linear actuator market significantly. This is because these devices are extensively used during various types of surgery, such as neurosurgery, orthopedic surgery, and laparoscopy surgery among others.
Scope Of The Report
Report Attributes
Report Details
Report Title
Medical Linear Actuator Market Research Report
By Type
Circular Voice Coil Actuators, Flat Voice Coil Actuators, Others
By Application
Hospital, Clinic, Other
By Companies
H2W Technologies, Physik Instrumente, Sensata Technologies, Motion Control Products Ltd, Motran Industries Inc, SMAC Corporation, Dura Magnetics, Equipment Solutions, Inc, Dat Cam Automation, MotiCont
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
205
Number of Tables & Figures
144
Customization Available
Yes, the report can be customized as per your need.
Global Medical Linear Actuator Market Report Segments:
The global Medical Linear Actuator market is segmented on the basis of:
Types
Circular Voice Coil Actuators, Flat Voice Coil Actuators, Others
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Hospital, Clinic, Other
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- H2W Technologies
- Physik Instrumente
- Sensata Technologies
- Motion Control Products Ltd
- Motran Industries Inc
- SMAC Corporation
- Dura Magnetics
- Equipment Solutions, Inc
- Dat Cam Automation
- MotiCont
Highlights of The Medical Linear Actuator Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- Circular Voice Coil Actuators
- Flat Voice Coil Actuators
- Others
- By Application:
- Hospital
- Clinic
- Other
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Medical Linear Actuator Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
How you may use our products:
- Correctly Positioning New Products
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8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
A medical linear actuator is a type of medical device that uses linear motion to provide therapeutic or diagnostic assistance. These devices are used in a variety of settings, including hospitals, clinics, and surgery centers. They can be used to move objects or tissues within the body, and they are often used in conjunction with other medical devices such as ultrasound machines and robotic arms.
Some of the key players operating in the medical linear actuator market are H2W Technologies, Physik Instrumente, Sensata Technologies, Motion Control Products Ltd, Motran Industries Inc, SMAC Corporation, Dura Magnetics, Equipment Solutions, Inc, Dat Cam Automation, MotiCont.
The medical linear actuator market is expected to register a CAGR of 5.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Medical Linear Actuator Market Overview
4.1 Introduction
4.1.1 Market Taxonomy
4.1.2 Market Definition
4.1.3 Macro-Economic Factors Impacting the Market Growth
4.2 Medical Linear Actuator Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Medical Linear Actuator Market - Supply Chain Analysis
4.3.1 List of Key Suppliers
4.3.2 List of Key Distributors
4.3.3 List of Key Consumers
4.4 Key Forces Shaping the Medical Linear Actuator Market
4.4.1 Bargaining Power of Suppliers
4.4.2 Bargaining Power of Buyers
4.4.3 Threat of Substitution
4.4.4 Threat of New Entrants
4.4.5 Competitive Rivalry
4.5 Global Medical Linear Actuator Market Size & Forecast, 2020-2028
4.5.1 Medical Linear Actuator Market Size and Y-o-Y Growth
4.5.2 Medical Linear Actuator Market Absolute $ Opportunity
Chapter 5 Global Market Analysis and Forecast by Type
5.1 Introduction
5.1.1 Key Market Trends & Growth Opportunities by Type
5.1.2 Basis Point Share (BPS) Analysis by Type
5.1.3 Absolute $ Opportunity Assessment by Type
5.2 Market Size Forecast by Type
5.2.1 Circular Voice Coil Actuators
5.2.2 Flat Voice Coil Actuators
5.2.3 Others
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Market Analysis and Forecast by Applications
6.1 Introduction
6.1.1 Key Market Trends & Growth Opportunities by Applications
6.1.2 Basis Point Share (BPS) Analysis by Applications
6.1.3 Absolute $ Opportunity Assessment by Applications
6.2 Market Size Forecast by Applications
6.2.1 Hospital
6.2.2 Clinic
6.2.3 Other
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Medical Linear Actuator Market Analysis and Forecast by Region
7.1 Introduction
7.1.1 Key Market Trends & Growth Opportunities by Region
7.1.2 Basis Point Share (BPS) Analysis by Region
7.1.3 Absolute $ Opportunity Assessment by Region
7.2 Medical Linear Actuator Market Size Forecast by Region
7.2.1 North America
7.2.2 Europe
7.2.3 Asia Pacific
7.2.4 Latin America
7.2.5 Middle East & Africa (MEA)
7.3 Market Attractiveness Analysis by Region
Chapter 8 Coronavirus Disease (COVID-19) Impact
8.1 Introduction
8.2 Current & Future Impact Analysis
8.3 Economic Impact Analysis
8.4 Government Policies
8.5 Investment Scenario
Chapter 9 North America Analysis and Forecast
9.1 Introduction
9.2 North America Market Size Forecast by Country
9.2.1 U.S.
9.2.2 Canada
9.3 Basis Point Share (BPS) Analysis by Country
9.4 Absolute $ Opportunity Assessment by Country
9.5 Market Attractiveness Analysis by Country
9.6 North America Market Size Forecast by Type
9.6.1 Circular Voice Coil Actuators
9.6.2 Flat Voice Coil Actuators
9.6.3 Others
9.7 Basis Point Share (BPS) Analysis by Type
9.8 Absolute $ Opportunity Assessment by Type
9.9 Market Attractiveness Analysis by Type
9.10 North America Market Size Forecast by Applications
9.10.1 Hospital
9.10.2 Clinic
9.10.3 Other
9.11 Basis Point Share (BPS) Analysis by Applications
9.12 Absolute $ Opportunity Assessment by Applications
9.13 Market Attractiveness Analysis by Applications
Chapter 10 Europe Analysis and Forecast
10.1 Introduction
10.2 Europe Market Size Forecast by Country
10.2.1 Germany
10.2.2 France
10.2.3 Italy
10.2.4 U.K.
10.2.5 Spain
10.2.6 Russia
10.2.7 Rest of Europe
10.3 Basis Point Share (BPS) Analysis by Country
10.4 Absolute $ Opportunity Assessment by Country
10.5 Market Attractiveness Analysis by Country
10.6 Europe Market Size Forecast by Type
10.6.1 Circular Voice Coil Actuators
10.6.2 Flat Voice Coil Actuators
10.6.3 Others
10.7 Basis Point Share (BPS) Analysis by Type
10.8 Absolute $ Opportunity Assessment by Type
10.9 Market Attractiveness Analysis by Type
10.10 Europe Market Size Forecast by Applications
10.10.1 Hospital
10.10.2 Clinic
10.10.3 Other
10.11 Basis Point Share (BPS) Analysis by Applications
10.12 Absolute $ Opportunity Assessment by Applications
10.13 Market Attractiveness Analysis by Applications
Chapter 11 Asia Pacific Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Market Size Forecast by Country
11.2.1 China
11.2.2 Japan
11.2.3 South Korea
11.2.4 India
11.2.5 Australia
11.2.6 South East Asia (SEA)
11.2.7 Rest of Asia Pacific (APAC)
11.3 Basis Point Share (BPS) Analysis by Country
11.4 Absolute $ Opportunity Assessment by Country
11.5 Market Attractiveness Analysis by Country
11.6 Asia Pacific Market Size Forecast by Type
11.6.1 Circular Voice Coil Actuators
11.6.2 Flat Voice Coil Actuators
11.6.3 Others
11.7 Basis Point Share (BPS) Analysis by Type
11.8 Absolute $ Opportunity Assessment by Type
11.9 Market Attractiveness Analysis by Type
11.10 Asia Pacific Market Size Forecast by Applications
11.10.1 Hospital
11.10.2 Clinic
11.10.3 Other
11.11 Basis Point Share (BPS) Analysis by Applications
11.12 Absolute $ Opportunity Assessment by Applications
11.13 Market Attractiveness Analysis by Applications
Chapter 12 Latin America Analysis and Forecast
12.1 Introduction
12.2 Latin America Market Size Forecast by Country
12.2.1 Brazil
12.2.2 Mexico
12.2.3 Rest of Latin America (LATAM)
12.3 Basis Point Share (BPS) Analysis by Country
12.4 Absolute $ Opportunity Assessment by Country
12.5 Market Attractiveness Analysis by Country
12.6 Latin America Market Size Forecast by Type
12.6.1 Circular Voice Coil Actuators
12.6.2 Flat Voice Coil Actuators
12.6.3 Others
12.7 Basis Point Share (BPS) Analysis by Type
12.8 Absolute $ Opportunity Assessment by Type
12.9 Market Attractiveness Analysis by Type
12.10 Latin America Market Size Forecast by Applications
12.10.1 Hospital
12.10.2 Clinic
12.10.3 Other
12.11 Basis Point Share (BPS) Analysis by Applications
12.12 Absolute $ Opportunity Assessment by Applications
12.13 Market Attractiveness Analysis by Applications
Chapter 13 Middle East & Africa (MEA) Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Market Size Forecast by Country
13.2.1 Saudi Arabia
13.2.2 South Africa
13.2.3 UAE
13.2.4 Rest of Middle East & Africa (MEA)
13.3 Basis Point Share (BPS) Analysis by Country
13.4 Absolute $ Opportunity Assessment by Country
13.5 Market Attractiveness Analysis by Country
13.6 Middle East & Africa (MEA) Market Size Forecast by Type
13.6.1 Circular Voice Coil Actuators
13.6.2 Flat Voice Coil Actuators
13.6.3 Others
13.7 Basis Point Share (BPS) Analysis by Type
13.8 Absolute $ Opportunity Assessment by Type
13.9 Market Attractiveness Analysis by Type
13.10 Middle East & Africa (MEA) Market Size Forecast by Applications
13.10.1 Hospital
13.10.2 Clinic
13.10.3 Other
13.11 Basis Point Share (BPS) Analysis by Applications
13.12 Absolute $ Opportunity Assessment by Applications
13.13 Market Attractiveness Analysis by Applications
Chapter 14 Competition Landscape
14.1 Medical Linear Actuator Market: Competitive Dashboard
14.2 Global Medical Linear Actuator Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 H2W Technologies
14.3.2 Physik Instrumente
14.3.3 Sensata Technologies
14.3.4 Motion Control Products Ltd
14.3.5 Motran Industries Inc
14.3.6 SMAC Corporation
14.3.7 Dura Magnetics
14.3.8 Equipment Solutions, Inc
14.3.9 Dat Cam Automation
14.3.10 MotiCont
