Market Overview:
The global medical tablets market is expected to grow at a CAGR of 6.5% during the forecast period from 2018 to 2030. The growth in this market can be attributed to the increasing demand for daily use and operation use medical tablets across the globe. In addition, the rising prevalence of chronic diseases is also contributing to the growth of this market. Based on type, the global medical tablets market can be segmented into daily use and operation use medical tablets. The daily use segment is expected to account for a larger share of this market than the operation use segment during the forecast period from 2018 to 2030. This can be attributed to factors such as growing awareness about preventive healthcare and rising demand for convenience-based products among consumers worldwide. Based on application,the global medical tabletmarket can be divided into operating room, ward, and pharmacy segments.
Product Definition:
Medical tablets are a type of medication in the form of a pill or tablet. They are taken orally and used to treat various medical conditions. They can be prescription or over-the-counter medications, depending on their ingredients.
Daily Use:
The global daily use, it's usage and growth factor in the medical tablets market is expected to witness significant growth over the forecast period. The factors that propel its demand are increasing incidences of chronic diseases such as cardiovascular diseases, diabetes mellitus, cancer and other autoimmune disorders coupled with rising geriatric population base across the globe.
Operation Use:
The global operation use and it's usage in medical tablets market is expected to witness significant growth over the forecast period. The key drivers for this market are increasing incidences of chronic diseases such as diabetes, cancer, arthritis and other autoimmune disorders coupled with rising geriatric population base across the globe.
Application Insights:
In 2017, the operating room segment dominated the global medical tablets market with a revenue share of over 45%. The high usage rate of these tablets in operating rooms is one of the major factors contributing to its dominance. These operate room tablets are used for various purposes such as anesthesia, analgesia and sedation during surgeries. Moreover, an increase in surgical procedures is expected to boost product demand in this segment over the forecast period.
The pharmacy application segment held a significant share of 15% in 2017 and is expected to grow at a steady growth rate over the forecast period due to increasing drugstores¢â‚¬â„¢ pharmacies across developed economies including Germany, France and U.K., which offer advanced healthcare facilities along with 24*7 access for patients. This factor will drive demand for operate use medical tablet globally by 2030 thus creating new business opportunities for market vendors.
Regional Analysis:
North America dominated the global market in 2017. The presence of well-established healthcare infrastructure, high adoption rate of new technologies, and rising preference for generic drugs are some factors driving the regional market. Moreover, increasing government initiatives to encourage a shift from conventional medicines to OTC products is also expected to drive demand in near future. For instance, according to FDA Consumer magazine; ‘FDA Approves New Drug Applications for Over-the-Counter (OTC) Products’; between 2009 and 2014 approximately 40% of all approvals were for OTC products which include cold/flu tablets and pain/fever reduction medication.
Asia Pacific is expected to witness lucrative growth over the forecast period owing to rising disposable income coupled with growing awareness about advanced treatment options among patients especially in developing countries such as India & China & Indonesia etc.
Growth Factors:
- Increasing demand for minimally invasive surgeries: The global medical tablets market is expected to grow at a CAGR of over 9% during the forecast period. This can be attributed to the increasing demand for minimally invasive surgeries, which require smaller and more portable devices.
- Growing geriatric population: The global geriatric population is expected to grow at a CAGR of over 7% during the forecast period. This will lead to an increase in the number of elderly patients who will require medical tablets for various treatments and procedures.
- Rising prevalence of chronic diseases: The global prevalence of chronic diseases is increasing at an alarming rate, owing to changing lifestyles and environmental factors. This is leading to an increase in the number of patients requiring treatment with medical tablets.
Scope Of The Report
Report Attributes
Report Details
Report Title
Medical Tablets Market Research Report
By Type
Daily Use, Operation Use
By Application
Operating room, Ward, Pharmacy
By Companies
Teguar, Baaske, ACL, HP, Athena, Onyx (ASUS Group), Werth Systems, AOPEN, CYBERNET, Rein Medical, Intercomp, TQ, Axiomtek, EstoneTech, American Portwell Technology, Ibase, ADVANTECH, ADLINK, ELO, Jawest
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
221
Number of Tables & Figures
155
Customization Available
Yes, the report can be customized as per your need.
Global Medical Tablets Market Report Segments:
The global Medical Tablets market is segmented on the basis of:
Types
Daily Use, Operation Use
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
Operating room, Ward, Pharmacy
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:
- Teguar
- Baaske
- ACL
- HP
- Athena
- Onyx (ASUS Group)
- Werth Systems
- AOPEN
- CYBERNET
- Rein Medical
- Intercomp
- TQ
- Axiomtek
- EstoneTech
- American Portwell Technology
- Ibase
- ADVANTECH
- ADLINK
- ELO
- Jawest
Highlights of The Medical Tablets 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:
- Daily Use
- Operation Use
- By Application:
- Operating room
- Ward
- Pharmacy
- 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 Tablets 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.
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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?
Medical tablets are a type of medication that is taken by mouth. They are made from different types of ingredients, including tablets, capsules, and lozenges. Medical tablets can be used to treat a variety of conditions, including pain relief and cough suppression.
Some of the major companies in the medical tablets market are Teguar, Baaske, ACL, HP, Athena, Onyx (ASUS Group), Werth Systems, AOPEN, CYBERNET, Rein Medical, Intercomp, TQ, Axiomtek, EstoneTech, American Portwell Technology, Ibase, ADVANTECH, ADLINK, ELO, Jawest.
The medical tablets market is expected to register a CAGR of 6.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Medical Tablets 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 Tablets Market Dynamics 4.2.1 Market Drivers 4.2.2 Market Restraints 4.2.3 Market Opportunity 4.3 Medical Tablets 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 Tablets 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 Tablets Market Size & Forecast, 2018-2028 4.5.1 Medical Tablets Market Size and Y-o-Y Growth 4.5.2 Medical Tablets Market Absolute $ Opportunity
Chapter 5 Global Medical Tablets 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 Medical Tablets Market Size Forecast by Type
5.2.1 Daily Use
5.2.2 Operation Use
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Medical Tablets 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 Medical Tablets Market Size Forecast by Applications
6.2.1 Operating room
6.2.2 Ward
6.2.3 Pharmacy
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Medical Tablets 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 Tablets 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 Medical Tablets Analysis and Forecast
9.1 Introduction
9.2 North America Medical Tablets 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 Medical Tablets Market Size Forecast by Type
9.6.1 Daily Use
9.6.2 Operation Use
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 Medical Tablets Market Size Forecast by Applications
9.10.1 Operating room
9.10.2 Ward
9.10.3 Pharmacy
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 Medical Tablets Analysis and Forecast
10.1 Introduction
10.2 Europe Medical Tablets 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 Medical Tablets Market Size Forecast by Type
10.6.1 Daily Use
10.6.2 Operation Use
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 Medical Tablets Market Size Forecast by Applications
10.10.1 Operating room
10.10.2 Ward
10.10.3 Pharmacy
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 Medical Tablets Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Medical Tablets 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 Medical Tablets Market Size Forecast by Type
11.6.1 Daily Use
11.6.2 Operation Use
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 Medical Tablets Market Size Forecast by Applications
11.10.1 Operating room
11.10.2 Ward
11.10.3 Pharmacy
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 Medical Tablets Analysis and Forecast
12.1 Introduction
12.2 Latin America Medical Tablets 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 Medical Tablets Market Size Forecast by Type
12.6.1 Daily Use
12.6.2 Operation Use
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 Medical Tablets Market Size Forecast by Applications
12.10.1 Operating room
12.10.2 Ward
12.10.3 Pharmacy
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) Medical Tablets Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Medical Tablets 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) Medical Tablets Market Size Forecast by Type
13.6.1 Daily Use
13.6.2 Operation Use
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) Medical Tablets Market Size Forecast by Applications
13.10.1 Operating room
13.10.2 Ward
13.10.3 Pharmacy
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 Tablets Market: Competitive Dashboard
14.2 Global Medical Tablets Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Teguar
14.3.2 Baaske
14.3.3 ACL
14.3.4 HP
14.3.5 Athena
14.3.6 Onyx (ASUS Group)
14.3.7 Werth Systems
14.3.8 AOPEN
14.3.9 CYBERNET
14.3.10 Rein Medical
14.3.11 Intercomp
14.3.12 TQ
14.3.13 Axiomtek
14.3.14 EstoneTech
14.3.15 American Portwell Technology
14.3.16 Ibase
14.3.17 ADVANTECH
14.3.18 ADLINK
14.3.19 ELO
14.3.20 Jawest