In 2023, the medical devices market in Africa generated a revenue of over nine billion U.S. dollars. It was forecast the market in the continent would increase to over 13.3 billion U.S. dollars by 2029.

The Report Covers Middle East and Africa Single-Use Medical Device Reprocessing Market. The Market is Segmented by Device Type (Class I Devices and Class II Devices) and Geography (GCC, South Africa, and the Rest of the Middle East and Africa). The Market Provides the Value (in USD) for the Above-Mentioned Segments.

The Africa medical devices market is segmented into various product types, including monitoring devices, diagnostic devices, drug delivery devices, surgical devices, bio implants & stimulation devices, and automation & robotics. Monitoring devices are used to track and monitor patient vital signs and physiological parameters. Diagnostic devices are used to identify and diagnose diseases. Drug delivery devices are used to administer medications to patients. Surgical devices are used to perform surgical procedures. Bio implants & stimulation devices are used to replace or augment bodily functions. Automation & robotics are used to automate various tasks in healthcare settings. Recent developments include: , January 2023:Abbott's Proclaim XR Spinal Cord Stimulation (SCS) device has been given USFDA approval to treat painful Diabetic Peripheral Neuropathy (DPN)., January 2023:Abbott's Navitor, a cutting-edge Transcatheter Aortic Valve Implantation (TAVI) system, has been given USFDA approval to treat patients with severe aortic stenosis at high or extremely high risk for open-heart surgery., December 2022:Abiomed, Inc. has been acquired by Johnson & Johnson Services, Inc. The acquisition sought to boost MedTech business growth and provide cutting-edge medical technologies to more people worldwide., November 2022:A binding contract was signed by Boston Scientific Corporation and Apollo Endosurgery, Inc. Devices for Endoluminal Surgery (ELS) operations are part of the Apollo Endosurgery product portfolio.. Key drivers for this market are: Growing incidence of diseases is driving the market growth.

Global Medical Device Market Research Report Covers Industry Trends, Analysis and is Segmented by Type of Device (Respiratory Devices, Cardiology Devices, Orthopedic Devices, Diagnostic Imaging Devices (Radiology Devices), Endoscopy Devices, Ophthalmology Devices, and Other Devices) and Geography (North America, Europe, Asia-Pacific, Middle East & Africa, and South America).

This statistics depicts the market size of medical devices in the Middle East and North Africa from 2016 to 2021. According to forecasts, the market size of medical devices in the Middle East and North Africa in 2021 will be above ten billion U.S. dollars.

According to Cognitive Market Research, the global Medical Equipment market size is USD 63581.2 million in 2024 and will expand at a compound annual growth rate (CAGR) of 12.0% from 2024 to 2031.

North America held the major market of more than 40% of the global revenue with a market size of USD 25432.48 million in 2024 and will grow at a compound annual growth rate (CAGR) of 10.2% from 2024 to 2031.
Europe accounted for a share of over 30% of the global market size of USD 19074.36 million.
Asia Pacific held the market of around 23% of the global revenue with a market size of USD 14623.68 million in 2024 and will grow at a compound annual growth rate (CAGR) of 14.0% from 2024 to 2031.
Latin America holds the market of more than 5% of the global revenue with a market size of USD 3179.06 million in 2024 and will grow at a compound annual growth rate (CAGR) of 11.4% from 2024 to 2031.
Middle East and Africa held the market of around 2% of the global revenue with a market size of USD 1271.62 million in 2024 and will grow at a compound annual growth rate (CAGR) of 11.7% from 2024 to 2031.
The fastest-growing category in the Medical Equipment Market is Diagnostic Imaging, which includes devices used to create images of the body's internal structures for diagnosis and treatment planning.

Market Dynamics of Medical Equipment Market

Key Drivers for Medical Equipment Market

Technological Advancements Driving Innovation to Increase the Demand Globally

One of the key drivers in the Medical Equipment Market is technological advancements, which are driving innovation and the development of new medical devices. Advances in technology, such as robotics, artificial intelligence, and 3D printing, are revolutionizing the field of medical equipment by improving the accuracy, efficiency, and safety of medical procedures. For example, robotic-assisted surgery systems enable surgeons to perform minimally invasive procedures with greater precision, leading to faster recovery times and reduced complications for patients. Similarly, the use of AI algorithms in diagnostic equipment allows for more accurate and timely diagnosis of diseases, improving patient outcomes. These technological advancements not only enhance the capabilities of medical equipment but also create new opportunities for market growth and development.

Increasing Demand for Personalized Healthcare to Propel Market Growth

Another driver in the Medical Equipment Market is the increasing demand for personalized healthcare solutions. Patients are increasingly seeking treatments that are tailored to their specific needs and conditions, driving the development of personalized medical devices and equipment. For example, wearable devices that monitor vital signs and activity levels allow for continuous remote monitoring of patients, enabling healthcare providers to deliver personalized care plans and interventions. Additionally, advancements in genetic testing and molecular diagnostics are enabling healthcare providers to identify genetic markers and biomarkers that can inform personalized treatment strategies. This growing demand for personalized healthcare is fueling the development of innovative medical equipment and driving market growth in the Medical Equipment Market.

Restraint Factor for the Medical Equipment Market

High Cost of Medical Equipment to Limit the Sales

One of the key restraints in the Medical Equipment Market is the high cost associated with acquiring and maintaining medical equipment. Advanced medical devices and equipment often come with a significant price tag, making them inaccessible to healthcare facilities with limited budgets, particularly in developing regions. The high cost of medical equipment can also strain the budgets of healthcare providers and increase the overall cost of healthcare services, leading to affordability issues for patients. Additionally, the need for regular maintenance, upgrades, and training further adds to the cost burden. Addressing this restraint requires innovative pricing models, partnerships with financing institutions, and government incentives to make medical equipment more affordable and accessible to a wider range of healthcare providers and patients.

Impact of Covid-19 on the Medical Equipment Market

The Covid-19 pandemic has had a profound impact on the Medical Equipment Market, both positively and negatively. On one hand, the pandemic has led to a surge in dema...

The Middle East and Africa Medical Devices Packaging Market Report is Segmented by Material (Plastic, Paper and Paperboard, and Other Materials), Product Type (Pouches and Bags, Trays, Boxes, Clamshells, and Other Product Types), Application (Sterile Packaging and Non-Sterile Packaging), and Country (Saudi Arabia, United Arab Emirates, South Africa, Egypt, and Rest of Middle East and Africa). The Market Sizes and Forecasts are Provided in Terms of Value (USD) for all the Above Segments.

This statistics depicts the growth rate of medical device market in the Middle East and North Africa from 2016 to 2021. The growth rate for the medical device market in the Middle East and North Africa in 2021 was forecasted at 6.7 percent.

By Region:Regionally, the market is divided into North America, Europe, Asia-Pacific, Latin America, and the Middle East & Africa. North America holds the largest market share due to advanced healthcare infrastructure and a high demand for technologically advanced medical devices. The region benefits from established market players and innovation-friendly regulations, making it a key center for medical technology development. In Asia-Pacific, rapid economic growth and improving healthcare facilities have positioned the region as a rising market, with China and Japan being prominent due to supportive policies and an aging population.

According to Cognitive Market Research, the global Medical Devices Outsourcing market size will be USD 131421.5 million in 2025. It will expand at a compound annual growth rate (CAGR) of 13.20% from 2025 to 2033.

North America held the major market share for more than 40% of the global revenue with a market size of USD 48625.96 million in 2025 and will grow at a compound annual growth rate (CAGR) of 11.6% from 2025 to 2033.
Europe accounted for a market share of over 30% of the global revenue with a market size of USD 38112.24 million.
APAC held a market share of around 23% of the global revenue with a market size of USD 31541.16 million in 2025 and will grow at a compound annual growth rate (CAGR) of 16.1% from 2025 to 2033.
South America has a market share of more than 5% of the global revenue with a market size of USD 4994.02 million in 2025 and will grow at a compound annual growth rate (CAGR) of 13.9% from 2025 to 2033.
The Middle East had a market share of around 2% of the global revenue and was estimated at a market size of USD 5256.86 million in 2025. and will grow at a compound annual growth rate (CAGR) of 14.6% from 2025 to 2033.
Africa had a market share of around 1% of the global revenue and was estimated at a market size of USD 2891.27 million in 2025. and will grow at a compound annual growth rate (CAGR) of 13.5% from 2025 to 2033.
Class I category is the fastest growing segment of the Medical Devices Outsourcing industry

Market Dynamics of Medical Devices Outsourcing Market

Key Drivers for Medical Devices Outsourcing Market

Rising Demand for Cost Reduction in Manufacturing to Boost Market Growth

The medical devices outsourcing market is mostly driven by the growing need for manufacturing cost reduction. Outsourcing production is becoming more and more common among medical device firms as a way to cut costs associated with infrastructure, labour, and materials. Companies can attain economies of scale, maximize resource use, and simplify supply chains by outsourcing to low-cost countries like China, India, and Mexico. Furthermore, outsourcing lets businesses use outside expertise to produce high-quality, legally compliant goods while concentrating on essential skills like research and innovation. Outsourcing continues to be a strategic method to improve profitability, speed time-to-market, and satisfy the expanding global demand for cutting-edge medical equipment as competition heats up and pricing pressures mount.

Increasing Demand for High-Quality & Advanced Medical Devices to Boost Market Growth

The market for medical device outsourcing is expanding due to the rising need for sophisticated and high-quality medical equipment. Rapid technological improvements mean that in order to improve patient outcomes, healthcare providers need medical equipment that is precise, inventive, and dependable. Manufacturers can make use of specialist knowledge, state-of-the-art technology, and strict quality control procedures through outsourcing, which guarantees adherence to international regulatory standards like FDA and ISO. Outsourcing collaborations are further fueled by the growth of wearable medical technology, minimally invasive procedures, and AI-driven diagnostics. Furthermore, outsourcing enables businesses to save expenses, improve scalability, and speed up product development in order to satisfy the rising need for advanced healthcare solutions worldwide. Both developed and emerging markets are seeing a particularly strong development in this area.

Restraint Factor for the Medical Devices Outsourcing Market

Quality Control & Product Safety Concerns Will Limit Market Growth

Concerns about product safety and quality control are major barriers in the medical devices outsourcing market. Because flaws or non-compliance with FDA, ISO, and CE requirements can result in product recalls, legal ramifications, and reputational harm, maintaining consistent quality throughout outsourced manufacturing processes continues to be difficult. Quality assurance is made more difficult by raw material variability, poor supplier supervision, and opaque production facilities that are outsourced. Outsourcing to low-cost areas may also raise the possibility of inferior production techniques. Strict vendor audits, real-time monitoring systems, and strong quality control procedures are necessary for businesses to reduce these risks, guarantee product safety, and uphold re...

The Report Covers Global Wearable Healthcare Devices Market Forecast & Share. The Market is Segmented by Device Type (Diagnostic Devices and Therapeutic Devices), Application (Sports and Fitness, Remote Patient Monitoring, and Home Healthcare), Product Type (Watch, Wristband, Ear Wear, and Other Product Types), and Geography (North America, Europe, Asia-Pacific, Middle East and Africa, and South America). The value is provided in (USD million) for the above segments.

The revenue in the 'Medical Devices' segment of the medical technology market in Spain was forecast to continuously increase between 2024 and 2029 by in total 2.4 billion U.S. dollars (+27.37 percent). After the seventh consecutive increasing year, the revenue is estimated to reach 11.12 billion U.S. dollars and therefore a new peak in 2029. Find more key insights for the revenue in countries and regions like the revenue in the medical technology market in Spain and the revenue in the 'Diabetes Care Devices' segment of the medical technology market in the Middle East and North Africa. The Statista Market Insights cover a broad range of additional markets.

The size and share of the market is categorized based on Application (Hospital, Commerical) and Product (Cardiovascular Medical Devices, Laparoscopic Medical Devices, Orthopedic/ Arthroscopic Medical Devices, Gastroenterology Medical Devices, General Surgery Medical Devices) and geographical regions (North America, Europe, Asia-Pacific, South America, and Middle-East and Africa).

In the first half of 2023, Europe, North America and Asia contributed more than 99 percent of China's medical equipment import value, with European countries exported almost 12 billion U.S. dollars worth of medical devices to China. Meanwhile, African countries exported less than ten million U.S. dollars worth of medical equipment to China.

The size and share of the market is categorized based on Application (For medical devices, Emergency, Doctor's, Other) and Product (Handle, Shoulder strap, Wheeled, Other) and geographical regions (North America, Europe, Asia-Pacific, South America, and Middle-East and Africa).

The South African neurology devices market, valued at approximately ZAR 1.5 billion (USD 80 million) in 2025, is projected to experience steady growth, exhibiting a Compound Annual Growth Rate (CAGR) of 4.50% from 2025 to 2033. This growth is driven by several factors, including rising prevalence of neurological disorders like stroke, Alzheimer's disease, and Parkinson's disease within the aging South African population. Furthermore, increasing healthcare expenditure, coupled with government initiatives to improve healthcare infrastructure and access to advanced medical technologies, are bolstering market expansion. The adoption of minimally invasive surgical techniques and advanced neurostimulation therapies is also contributing significantly to the market's positive trajectory. However, factors such as high costs associated with neurology devices, limited healthcare infrastructure in certain regions, and a shortage of trained neurologists pose challenges to market growth. The market segmentation reveals that neurostimulation devices (including spinal cord, deep brain, and sacral nerve stimulation devices) are likely to hold a substantial market share, driven by the increasing effectiveness of these therapies in managing chronic neurological conditions. Interventional neurology devices, encompassing neurothrombectomy devices and carotid artery stents, are anticipated to witness significant growth fueled by rising stroke incidence rates and advancements in minimally invasive treatment techniques. The market is dominated by major international players like Medtronic, Johnson & Johnson, and Stryker, who leverage their established distribution networks and strong brand reputation. However, smaller, specialized companies are also emerging, focusing on innovative product development and catering to niche market segments. Future growth will likely depend on successful collaborations between these players, government funding for healthcare infrastructure development, and continued medical advancements in neurology. Key drivers for this market are: , Increase in Incidence of Neurological Disorders; Huge Investments by Private Players in Neurology Devices; Increase in R&D in the Field of Neurotherapies. Potential restraints include: , High Cost of Equipment; Stringent FDA Validation and Guidelines for New Devices. Notable trends are: Sacral Nerve Stimulation Devices is the Segment under Neurostimulation Devices that is Expected to Grow Fastest during the Forecast Period.

The antimicrobial-coated medical devices market size is projected to be valued at US$ 1,485.0 million in 2023 and is expected to rise to US$ 5,123.5 million by 2033. The sales of antimicrobial-coated medical devices are expected to register a significant CAGR of 13.2% during the forecast period.

Scope of the Report

The market size of the Portable Medical And Healthcare Devices Market is categorized based on Application (Type 1, Type 2, Type 3) and Product (Type 1, Type 2, Type 3) and geographical regions (North America, Europe, Asia-Pacific, South America, and Middle-East and Africa).

This report provides insights into the market size and forecasts the value of the market, expressed in USD million, across these defined segments.

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Medical Device Security Solutions Market Size 2024-2028

The medical device security solutions market size is forecast to increase by USD 2.62 billion at a CAGR of 11.96% between 2023 and 2028. In the dynamic landscape of medical technology, the security of medical device solutions has emerged as a critical concern. The integration of advanced technologies such as Proteomics and Genomics in healthcare has led to the proliferation of Connected Medical Devices (CMDs) and Internet of Medical Things (IoMT) devices. While these innovations offer numerous benefits, they also introduce new vulnerabilities, making cybersecurity a priority. Data breach incidents have become increasingly common, with cybercriminals exploiting weaknesses in software and outdated platforms. Ransomware attacks on healthcare organizations have become a significant threat, putting sensitive patient information at risk. To mitigate these challenges, a strong cybersecurity strategy is essential. Market trends indicate a growing focus on securing medical devices, with an increasing number of organizations adopting advanced security solutions. Despite these efforts, the use of outdated platforms in the healthcare industry persists, leaving many devices vulnerable to cyber threats. To stay ahead, stakeholders must remain vigilant and invest in the latest cybersecurity technologies and best practices.

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Medical devices, including pacemakers, insulin pumps, and other implanted and wearable gadgets, have become increasingly integrated with the internet and hospital networks. While these advancements bring numerous benefits, they also expose sensitive data and medical equipment to cyber-attacks. Cyber threats to medical devices can lead to illegal access control, compromising patient privacy and potentially endangering lives. Sensitive data transmitted wirelessly between medical facilities, IoT technologies, and computing power can be intercepted, leading to data breaches and unauthorized access. The internet and cell phone connectivity in healthcare settings further expand the attack surface.

Similarly, cybercriminals can exploit vulnerabilities in these devices and networks, causing disruptions, data theft, and even manipulating medical device functionality. To counteract these threats, new technologies and cyber-secure measures are being adopted to protect medical devices and the data they generate. These advancements include Iot technologies, data analytics techniques, and big data solutions. Data analytics techniques and big data can help medical facilities identify and respond to cyber threats in real-time. By analyzing patterns and anomalies in medical device data, healthcare providers can detect and mitigate potential attacks before they cause harm. Proteomics and genomics data, which are increasingly being used in personalized medicine, also require strong security measures.

Moreover, ensuring the cyber security of these data types is crucial for maintaining patient privacy and confidentiality. Incorporating cyber security into medical device design is essential. This includes implementing secure access control mechanisms, encrypting data transmission, and regularly updating software and firmware to address vulnerabilities. Wireless technologies used in medical devices must also be secured to prevent unauthorized access and data interception. Encryption, authentication, and secure communication protocols are essential for maintaining the security of wireless medical devices. As medical devices become more interconnected and data-driven, the importance of cyber security in healthcare settings will only continue to grow. By implementing advanced security solutions, healthcare providers can protect patient data, ensure the integrity of medical devices, and maintain the trust of their patients.

Market Segmentation

The market research report provides comprehensive data (region-wise segment analysis), with forecasts and estimates in 'USD billion' for the period 2024-2028, as well as historical data from 2018-2022 for the following segments.

Device

  Wearable and external medical devices
  Hospital medical devices
  Internally embedded medical devices


End-user

  Healthcare providers
  Medical devices manufacturers
  Healthcare payers


Geography

  North America

    US


  Europe

    Germany
    UK


  APAC

    China
    Japan


  Middle East and Africa



  South America

By Device Insights

The wearable and external medical devices segment is estimated to witness significant growth during the forecast period. In recent years, the healthcare industry has experienced significant transformation, integrating the Internet of Things (IoT) and advanced medical devices into the system. This shift towards decentralized care, from hospitals to homes, has led to the centralization of patient data in cloud-based hospital system

The Report Covers Global Connected Medical Devices Manufacturers and the Market is Segmented by Application (Consumer (Patient) Monitoring, Wearable Devices, Internally Embedded Devices, and Stationary Devices) and Geography (North America, Europe, Asia-Pacific, Latin America, and Middle East and Africa). The Market Sizes and Forecasts are in Terms of Value (USD Million) for all the Above Segments.