100+ datasets found
  1. Medical Devices Market Analysis, Size, and Forecast 2025-2029: North America...

    • technavio.com
    Updated Mar 24, 2025
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    Technavio (2025). Medical Devices Market Analysis, Size, and Forecast 2025-2029: North America (US and Canada), Europe (France, Germany, Italy, and UK), APAC (China, India, Japan, and South Korea), and Rest of World (ROW) [Dataset]. https://www.technavio.com/report/medical-devices-market-industry-analysis
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    Dataset updated
    Mar 24, 2025
    Dataset provided by
    TechNavio
    Authors
    Technavio
    Time period covered
    2021 - 2025
    Area covered
    Global
    Description

    Snapshot img

    Medical Devices Market Size 2025-2029

    The medical devices market size is forecast to increase by USD 223 billion at a CAGR of 6.5% between 2024 and 2029.

    The market is experiencing significant growth, driven by the increasing prevalence of diseases and the emergence of innovative medical technologies. The rise in chronic diseases, such as diabetes and cardiovascular conditions, is fueling the demand for advanced medical devices that can improve patient outcomes and quality of life. Moreover, technological advancements, including the integration of artificial intelligence and machine learning, are revolutionizing medical devices, enabling more accurate diagnoses and personalized treatments. However, this market is not without challenges. The implementation of stringent cost containment measures and declining reimbursement rates pose significant obstacles for market players. As healthcare systems seek to reduce costs, medical device manufacturers must find ways to make their products more affordable without compromising quality.
    Additionally, regulatory compliance remains a critical challenge, with stringent regulations governing the design, development, and marketing of medical devices. Companies must invest heavily in research and development to ensure their products meet the highest safety and efficacy standards. To capitalize on market opportunities and navigate these challenges effectively, medical device manufacturers must stay abreast of industry trends and regulatory requirements, and focus on delivering innovative, cost-effective solutions that meet the evolving needs of healthcare providers and patients.
    

    What will be the Size of the Medical Devices Market during the forecast period?

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    The market continues to evolve, driven by advancements in technology, regulatory requirements, and changing healthcare trends. Evolving patterns in the market include the integration of personalized medicine, regulatory approvals, and clinical validation in the development of new devices. Minimally invasive surgery and drug delivery systems are gaining popularity due to their ability to improve patient outcomes and reduce recovery time. Medical robotics, government agencies, and big data analytics are revolutionizing surgical procedures, while regenerative medicine and biocompatible materials are paving the way for innovative medical implants. Service and support, quality management, and machine learning are essential components of the medical device industry, ensuring patient safety and regulatory compliance.
    Remote patient monitoring, distribution networks, and diagnostic imaging are transforming healthcare delivery, enabling precision medicine and digital health. Cardiovascular devices, insurance companies, contract manufacturers, and artificial intelligence are also key players in the market, contributing to research and development and supply chain management. Three-dimensional (3D) printing is revolutionizing the manufacturing process, allowing for the production of complex and customized medical devices. Wearable technology and medical implants are increasingly being adopted by healthcare providers, offering patients greater convenience and improved health outcomes. The ongoing unfolding of market activities in these areas underscores the dynamic nature of the medical devices industry.
    

    How is this Medical Devices Industry segmented?

    The medical devices industry research report provides comprehensive data (region-wise segment analysis), with forecasts and estimates in 'USD billion' for the period 2025-2029, as well as historical data from 2019-2023 for the following segments.

    End-user
    
      Hospitals and ASCs
      Clinics
      Others
    
    
    Product Type
    
      Diagnostic devices
      Therapeutic devices
      Monitoring devices
      Assistive and rehabilitation devices
      Others
    
    
    Application
    
      Cardiovascular
      Orthopedic
      Diagnostic imaging
      Dental
      Others
    
    
    Geography
    
      North America
    
        US
        Canada
    
    
      Europe
    
        France
        Germany
        Italy
        UK
    
    
      APAC
    
        China
        India
        Japan
        South Korea
    
    
      Rest of World (ROW)
    

    By End-user Insights

    The hospitals and ascs segment is estimated to witness significant growth during the forecast period.

    The market encompasses a diverse range of technologies and applications, with hospitals and Ambulatory Surgical Centers (ASCs) representing a significant segment. Hospitals and ASCs are major consumers of medical devices, requiring equipment for diagnosis, treatment, and patient monitoring. Advanced medical devices, such as imaging equipment, surgical instruments, patient monitoring systems, and diagnostic devices, are in high demand due to increasing healthcare expenditure by governments and private entities. The global population growth and aging demographics contribute to higher patient volumes, necessitating more medical devices to meet care demands. Regulator

  2. c

    The global Medical Device Connectivity market size is USD 2.80 billion in...

    • cognitivemarketresearch.com
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    Cognitive Market Research, The global Medical Device Connectivity market size is USD 2.80 billion in 2024 and will expand at a compound annual growth rate (CAGR) of 20.73% from 2024 to 2031. [Dataset]. https://www.cognitivemarketresearch.com/medical-device-connectivity-market-report
    Explore at:
    pdf,excel,csv,pptAvailable download formats
    Dataset authored and provided by
    Cognitive Market Research
    License

    https://www.cognitivemarketresearch.com/privacy-policyhttps://www.cognitivemarketresearch.com/privacy-policy

    Time period covered
    2021 - 2033
    Area covered
    Global
    Description

    According to Cognitive Market Research, the global Medical Device Connectivity market size will be USD 2.80 billion in 2024 and will expand at a compound annual growth rate (CAGR) of 20.73% from 2024 to 2031. Market Dynamics of Medical Device Connectivity Market Key Drivers for Medical Device Connectivity Market Rising Internet of Things (IoT) Integration- The integration of medical devices into IoT ecosystems drives connectivity growth by enabling real-time data transmission, remote monitoring, and seamless interoperability across healthcare systems. IoT connectivity enhances patient care through continuous monitoring and predictive analytics, improving treatment outcomes and operational efficiencies in hospitals and clinics. The increasing demand for remote patient monitoring and healthcare delivery solutions is anticipated to drive the Medical Device Connectivity market's expansion in the years ahead. Key Restraints for Medical Device Connectivity Market Compatibility issues hinder seamless integration among diverse medical devices in the Medical Device Connectivity industry growth. Stringent regulations limit data sharing and connectivity expansion related to data security and privacy impact market growth. Introduction of the Medical Device Connectivity Market Medical Device Connectivity includes the increasing adoption of electronic health records (EHRs) and healthcare information systems (HIS), which necessitate seamless integration with medical devices for real-time data exchange and interoperability. This integration enhances clinical workflow efficiency, patient monitoring capabilities, and data-driven decision-making in healthcare settings. Additionally, the rise of telemedicine and remote patient monitoring fuels demand for connected medical devices that facilitate remote diagnostics and patient care, especially in managing chronic conditions and improving healthcare access. Regulatory initiatives promoting interoperability standards and data security further stimulate market growth by encouraging healthcare providers to invest in connectivity solutions that ensure patient safety and compliance with healthcare regulations.

  3. Homecare Medical Devices Market Outlook – Industry Growth & Forecast 2025 to...

    • futuremarketinsights.com
    pdf
    Updated Jan 25, 2025
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    Future Market Insights (2025). Homecare Medical Devices Market Outlook – Industry Growth & Forecast 2025 to 2035 [Dataset]. https://www.futuremarketinsights.com/reports/homecare-medical-devices-market
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    pdfAvailable download formats
    Dataset updated
    Jan 25, 2025
    Dataset authored and provided by
    Future Market Insights
    License

    https://www.futuremarketinsights.com/privacy-policyhttps://www.futuremarketinsights.com/privacy-policy

    Time period covered
    2025 - 2035
    Area covered
    Worldwide
    Description

    The global sales of homecare medical devices are estimated to be worth USD 172.6 billion in 2025 and are anticipated to reach a value of USD 403.4 billion by 2035.

    AttributesKey Insights
    Historical Size, 2024USD 158.5 billion
    Estimated Size, 2025USD 172.6 billion
    Projected Size, 2035USD 403.4 billion
    Value-based CAGR (2025 to 2035)8.9%

    Semi Annual Market Update

    ParticularValue CAGR
    H19.6% (2024 to 2034)
    H29.3% (2024 to 2034)
    H18.9% (2025 to 2035)
    H28.4% (2025 to 2035)

    Country-wise Insights

    CountryValue CAGR (2025 to 2035)
    United States2.3%
    Germany2.0%
    Italy2.5%
    UK4.6%
    India7.3%
    China6.8%

    Category-wise Insights

    ProductValue Share (2025)
    Wheelchairs57.4%
    By Distribution ChannelValue Share (2025)
    Online Retailers39.5%
  4. Revenue of medical device market Thailand 2020-2023

    • statista.com
    Updated Jun 25, 2025
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    Statista (2025). Revenue of medical device market Thailand 2020-2023 [Dataset]. https://www.statista.com/statistics/1238032/thailand-market-size-of-medical-device/
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    Dataset updated
    Jun 25, 2025
    Dataset authored and provided by
    Statistahttp://statista.com/
    Area covered
    Thailand
    Description

    The medical device market in Thailand has experienced fluctuations recently, with revenue reaching **** billion U.S. dollars in 2023. This represents a slight increase from the previous year but remains below pre-pandemic levels. The industry's resilience is evident in its ability to rebound despite global economic challenges.

  5. m

    UAE Medical Devices Market Research Report: Forecast (2024-2030)

    • marknteladvisors.com
    Updated Nov 9, 2023
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    MarkNtel Advisors (2023). UAE Medical Devices Market Research Report: Forecast (2024-2030) [Dataset]. https://www.marknteladvisors.com/research-library/uae-medical-devices-market.html
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    Dataset updated
    Nov 9, 2023
    Dataset authored and provided by
    MarkNtel Advisors
    License

    https://www.marknteladvisors.com/privacy-policyhttps://www.marknteladvisors.com/privacy-policy

    Area covered
    United Arab Emirates, Global
    Description

    The UAE Medical Device Market size was valued at around USD 1.92 billion in 2023 and is estimated to grow at a CAGR of about 8.87% during the forecast period, i.e., 2024-30.

  6. v

    Global Medical Device Security Market Size By Component (Solutions,...

    • verifiedmarketresearch.com
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    VERIFIED MARKET RESEARCH, Global Medical Device Security Market Size By Component (Solutions, Services), By Type (Application Security, Endpoint Security, Network Security), By Device Type (Hospital Medical Devices, Internally Embedded Medical Devices), By End-User (Healthcare Providers, Medical Device Manufacturers, Healthcare Payers), By Geographic Scope And Forecast [Dataset]. https://www.verifiedmarketresearch.com/product/medical-device-security-market/
    Explore at:
    Dataset authored and provided by
    VERIFIED MARKET RESEARCH
    License

    https://www.verifiedmarketresearch.com/privacy-policy/https://www.verifiedmarketresearch.com/privacy-policy/

    Time period covered
    2024 - 2031
    Area covered
    Global
    Description

    Medical Device Security Market size was valued at USD 6.8 Billion in 2024 and is projected to reach USD 12.17 Billion by 2031, growing at a CAGR of 8.32% from 2024 to 2031.

    Medical Device Security Market Drivers

    The rise in demand for connected medical devices in the healthcare sector is driving the market growth. Healthcare organizations are implementing medical device security systems to lower the risk of cyber-attacks and to improve the security of medical devices, which is driving the market growth. The Global Medical Device Security Market report provides a holistic evaluation of the market. The report offers a comprehensive analysis of key segments, trends, drivers, restraints, competitive landscape, and factors that are playing a substantial role in the market.

  7. P

    Connected Medical Devices Market Size & Share Forecast Report [2032]

    • polarismarketresearch.com
    Updated Dec 4, 2023
    + more versions
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    Polaris Market Research (2023). Connected Medical Devices Market Size & Share Forecast Report [2032] [Dataset]. https://www.polarismarketresearch.com/industry-analysis/connected-medical-devices-market
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    Dataset updated
    Dec 4, 2023
    Dataset authored and provided by
    Polaris Market Research
    License

    https://www.polarismarketresearch.com/privacy-policyhttps://www.polarismarketresearch.com/privacy-policy

    Description

    Global connected medical devices market size & share predicted to reach USD 190.63 billion by 2032, to grow at a CAGR of 14.4% during the forecast period. The market for connected diagnostic imaging equipment is in a phase of notable expansion, fueled by the increasing demand for advanced and remote diagnostic capabilities.

  8. Medical device market revenue in the United States 2016-2029

    • statista.com
    • ai-chatbox.pro
    Updated Jun 24, 2025
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    Statista (2025). Medical device market revenue in the United States 2016-2029 [Dataset]. https://www.statista.com/forecasts/1044796/medical-device-manufacturers-market-size-projections-us
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    Dataset updated
    Jun 24, 2025
    Dataset authored and provided by
    Statistahttp://statista.com/
    Area covered
    United States
    Description

    In 2023, the medical device market was worth approximately *** billion U.S. dollars in the United States. Throughout the time interval, the revenue in the medical device market increased year-on-year, except for the pandemic-affected 2020.

  9. Medical Device Connectivity Market Size, Share | Industry Forecast by 2030

    • emergenresearch.com
    pdf,excel,csv,ppt
    Updated Sep 13, 2022
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    Emergen Research (2022). Medical Device Connectivity Market Size, Share | Industry Forecast by 2030 [Dataset]. https://www.emergenresearch.com/industry-report/medical-device-connectivity-market
    Explore at:
    pdf,excel,csv,pptAvailable download formats
    Dataset updated
    Sep 13, 2022
    Dataset authored and provided by
    Emergen Research
    License

    https://www.emergenresearch.com/privacy-policyhttps://www.emergenresearch.com/privacy-policy

    Area covered
    Global
    Variables measured
    Base Year, No. of Pages, Growth Drivers, Forecast Period, Segments covered, Historical Data for, Pitfalls Challenges, 2030 Value Projection, Tables, Charts, and Figures, Forecast Period 2022 - 2030 CAGR, and 1 more
    Description

    The global Medical Device Connectivity market size reached USD 1.55 Billion in 2021 and is expected to reach USD 11.17 Billion in 2030 registering a CAGR of 7.42%. Medical Device Connectivity market growth is primarily driven owing to increasingly stringent regulatory norms and requirements regardin...

  10. Portable Medical Devices Market - Size, Share, Growth, Technology & Trends...

    • mordorintelligence.com
    pdf,excel,csv,ppt
    + more versions
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    Mordor Intelligence, Portable Medical Devices Market - Size, Share, Growth, Technology & Trends Analysis [Dataset]. https://www.mordorintelligence.com/industry-reports/portable-medical-electronic-products-market
    Explore at:
    pdf,excel,csv,pptAvailable download formats
    Dataset authored and provided by
    Mordor Intelligence
    License

    https://www.mordorintelligence.com/privacy-policyhttps://www.mordorintelligence.com/privacy-policy

    Time period covered
    2019 - 2030
    Area covered
    Global
    Description

    The Report Covers Portable Medical Equipment Market and it is Segmented by Product (Diagnostic Imaging, Monitoring Devices, and Other Products), End User (Hospitals, Physician Offices, Homecare Settings, and Other End Users), and Geography (North America, Europe, Asia-Pacific, Middle East & Africa, and South America). The market provides the value (in USD million) for the above segments.

  11. Medical Device Manufacturing in the US

    • ibisworld.com
    Updated Apr 15, 2025
    + more versions
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    IBISWorld (2025). Medical Device Manufacturing in the US [Dataset]. https://www.ibisworld.com/industry-statistics/market-size/medical-device-manufacturing-united-states/
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    Dataset updated
    Apr 15, 2025
    Dataset authored and provided by
    IBISWorld
    License

    https://www.ibisworld.com/about/termsofuse/https://www.ibisworld.com/about/termsofuse/

    Time period covered
    2006 - 2031
    Area covered
    United States
    Description

    Market Size statistics on the Medical Device Manufacturing industry in United States

  12. 3D Printed Medical Devices Market - Size, Trend & Growth

    • mordorintelligence.com
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    Mordor Intelligence, 3D Printed Medical Devices Market - Size, Trend & Growth [Dataset]. https://www.mordorintelligence.com/industry-reports/3d-printed-medical-devices-market
    Explore at:
    pdf,excel,csv,pptAvailable download formats
    Dataset authored and provided by
    Mordor Intelligence
    License

    https://www.mordorintelligence.com/privacy-policyhttps://www.mordorintelligence.com/privacy-policy

    Time period covered
    2019 - 2030
    Area covered
    Global
    Description

    Global 3D Printed Medical Devices Market is Segmented by Offering (Hardware and Software), Type (Surgical Guides, Surgical Instruments, Prosthetics & Implants, and Tissue Engineering Products), Material (Plastics and Metal & Metal Alloy Powders), and Geography (North America, Europe, Asia Pacific, Rest of the World). The market sizes and forecasts are provided in terms of value (USD million) for all the above segments.

  13. Asia Pacific Reprocessed Medical Devices Market Growth – Trends & Forecast...

    • futuremarketinsights.com
    pdf
    Updated Apr 11, 2025
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    Future Market Insights (2025). Asia Pacific Reprocessed Medical Devices Market Growth – Trends & Forecast 2025 to 2035 [Dataset]. https://www.futuremarketinsights.com/reports/asia-pacific-reprocessed-medical-devices-market
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    pdfAvailable download formats
    Dataset updated
    Apr 11, 2025
    Dataset authored and provided by
    Future Market Insights
    License

    https://www.futuremarketinsights.com/privacy-policyhttps://www.futuremarketinsights.com/privacy-policy

    Time period covered
    2025 - 2035
    Area covered
    Worldwide
    Description

    In the coming years the Asia Pacific reprocessed medical devices market is expected to reach USD 480.7 million by 2025 and is expected to steadily grow at a CAGR of 5.7% to reach USD 833.5 million by 2035. In 2024, cluster headache syndrome generated roughly USD 457.1 million in revenues.

    MetricValue
    Industry Size (2025E)USD 480.7 million
    Industry Value (2035F)USD 833.5 million
    CAGR (2025 to 2035)5.7%

    Country Wise Analysis

    CountryCAGR (2025 to 2035)
    China7.6%
    CountryCAGR (2025 to 2035)
    Japan3.3%
    CountryCAGR (2025 to 2035)
    South Korea6.6%
    CountryCAGR (2025 to 2035)
    India8.1%
    CountryCAGR (2025 to 2035)
    Australia2.9%

    Competitive Outlook

    Company NameEstimated Market Share (%)
    Stryker Corporation(17-18)%
    Medline Industries, Inc.(14-15)%
    Johnson & Johnson (Ethicon)(11-12)%
    Medtronic plc(10-11)%
    Other Companies (combined)(43-44)%
  14. L

    Pediatric Medical Devices Market

    • transparencymarketresearch.com
    csv, pdf
    Updated Feb 14, 2024
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    Transparency Market Research (2024). Pediatric Medical Devices Market [Dataset]. https://www.transparencymarketresearch.com/pediatric-medical-devices-market.html
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    pdf, csvAvailable download formats
    Dataset updated
    Feb 14, 2024
    Dataset authored and provided by
    Transparency Market Research
    License

    https://www.transparencymarketresearch.com/privacy-policy.htmlhttps://www.transparencymarketresearch.com/privacy-policy.html

    Time period covered
    2023 - 2031
    Area covered
    Worldwide
    Description
    • The industry was valued at US$ 27.6 Bn in 2022
    • It is estimated to grow at a CAGR of 6.3% from 2023 to 2031 and reach US$ 47.4 Bn by the end of 2031

    Pediatric Medical Devices Market Snapshot

    AttributeDetail
    Market Size in 2022US$ 27.6 Bn
    Market Forecast (Value) in 2031US$ 47.4 Bn
    Growth Rate (CAGR)6.3%
    Forecast Period2023-2031
    Historical Data Available for2017-2021
    Quantitative UnitsUS$ Bn for Value
    Market AnalysisIt includes segment analysis as well as regional level analysis. Furthermore, qualitative analysis includes drivers, restraints, opportunities, key trends, Porter’s Five Forces Analysis, value chain analysis, and key trend analysis.
    Competition Landscape
    • Market share analysis by company (2022)
    • Company profiles section includes overview, product portfolio, sales footprint, key subsidiaries or distributors, strategy and recent developments, and key financials
    FormatElectronic (PDF) + Excel
    Market Segmentation
    • Product
      • In Vitro Diagnostic (IVD) Devices
      • Cardiology Devices
      • Diagnostic Imaging Devices
      • Anesthesia & Respiratory Care Devices
      • Neonatal ICU Devices
      • Monitoring Devices
      • Telemedicine
      • Home-use Medical Devices
    • End-user
      • Hospitals
      • Diagnostic Laboratories
      • Ambulatory Surgical Centers
      • Others
    Regions Covered
    • North America
    • Latin America
    • Europe
    • Asia Pacific
    • Middle East & Africa
    Countries Covered
    • U.S.
    • Canada
    • Germany
    • U.K.
    • France
    • Spain
    • Italy
    • Russia and CIS
    • Japan
    • China
    • India
    • ASEAN
    • Brazil
    • Mexico
    • GCC
    • South Africa
    Companies Profiled
    • Abbott
    • Boston Scientific Corporation
    • Baxter International, Inc.
    • Medtronic
    • Cardinal Health, Inc.
    • F. Hoffmann-La Roche Ltd.
    • GE Healthcare
    • Johnson & Johnson
    • Siemens Healthinners
    • Koninklikje Philips N.V.
    • Stryker Corporation
    Customization ScopeAvailable upon request
    PricingAvailable upon request
  15. m

    Medical Devices Market Size & Trends Report by Product Type (Diagnostic,...

    • meditechinsights.com
    Updated Jan 22, 2025
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    Medi-Tech Insights - Medi-Tech (2025). Medical Devices Market Size & Trends Report by Product Type (Diagnostic, Therapeutic, Surgical, Monitoring), Application (Cardiovascular Disorders, Orthopedic Diseases, Neurology), End-user (Hospitals, Ambulatory Surgical Centers) & Regional Forecasts to 2030 [Dataset]. https://meditechinsights.com/medical-devices-market/
    Explore at:
    Dataset updated
    Jan 22, 2025
    Dataset authored and provided by
    Medi-Tech Insights - Medi-Tech
    License

    https://meditechinsights.com/privacy-policy/https://meditechinsights.com/privacy-policy/

    Description

    The medical devices market is projected to grow at a CAGR of 7% from 2025 to 2030, driven by technological advancements, a rapidly growing aging population, and the rising prevalence of chronic diseases. Key factors fueling growth include increased healthcare expenditure, expansion of minimally invasive procedures, and rising adoption of digital health solutions like wearable […]

  16. E

    Medical Devices Market Size Analysis - Market Share, Forecast Trends and...

    • expertmarketresearch.com
    Updated Dec 17, 2024
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    Claight Corporation (Expert Market Research) (2024). Medical Devices Market Size Analysis - Market Share, Forecast Trends and Outlook Report 2025-2034 [Dataset]. https://www.expertmarketresearch.com/reports/medical-devices-market
    Explore at:
    pdf, excel, csv, pptAvailable download formats
    Dataset updated
    Dec 17, 2024
    Dataset authored and provided by
    Claight Corporation (Expert Market Research)
    License

    https://www.expertmarketresearch.com/privacy-policyhttps://www.expertmarketresearch.com/privacy-policy

    Time period covered
    2025 - 2034
    Area covered
    Global
    Variables measured
    CAGR, Forecast Market Value, Historical Market Value
    Measurement technique
    Secondary market research, data modeling, expert interviews
    Dataset funded by
    Claight Corporation (Expert Market Research)
    Description

    The global medical devices market was valued at USD 562.60 Billion in 2024 driven by the prevalence of chronic diseases and technological advancement across the globe. The market is expected to grow at a CAGR of 6.20% during the forecast period 2025-2034 and attain a market value of USD 1026.70 Billion by 2034.

  17. Global Medical Device Training Services Market Size By Type of Training, By...

    • verifiedmarketresearch.com
    Updated Aug 10, 2024
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    VERIFIED MARKET RESEARCH (2024). Global Medical Device Training Services Market Size By Type of Training, By Device Type, By End User, By Geographic Scope And Forecast [Dataset]. https://www.verifiedmarketresearch.com/product/medical-device-training-services-market/
    Explore at:
    Dataset updated
    Aug 10, 2024
    Dataset provided by
    Verified Market Researchhttps://www.verifiedmarketresearch.com/
    Authors
    VERIFIED MARKET RESEARCH
    License

    https://www.verifiedmarketresearch.com/privacy-policy/https://www.verifiedmarketresearch.com/privacy-policy/

    Time period covered
    2024 - 2031
    Area covered
    Global
    Description

    Medical Device Training Services Market size is expected to develop revenue and exponential market growth at a remarkable CAGR during the forecast period from 2024–2031.

    Global Medical Device Training Services Market Drivers

    The market for medical device training services is influenced by several drivers, including:

    Technological Advancements: Rapid advancements in medical technology lead to the introduction of new medical devices. As these devices become increasingly complex, the need for comprehensive training becomes crucial. Regulatory Compliance: Healthcare regulations often require proper training on the usage of medical devices to ensure compliance with safety and effectiveness standards. Organizations must ensure their staff is trained to meet regulatory requirements, driving demand for training services. Growing Healthcare Sector: The expansion of the healthcare sector, including hospitals, clinics, and outpatient facilities, increases the need for medical device training services as new facilities and personnel are onboarded.

    Global Medical Device Training Services Market Restraints

    The Medical Device Training Services Market, like any sector, faces several market restraints that can impact its growth and sustainability. Here are some key restraints to consider:

    Regulatory Challenges: Medical devices are subject to stringent regulations by agencies like the FDA in the U.S. or the EMA in Europe. Compliance with these regulations can be complex and costly, potentially hindering the market's growth. High Costs of Training Programs: Setting up and maintaining training programs can be expensive. Companies may hesitate to invest in extensive training, especially smaller organizations with limited budgets. Technological Advancements: Rapid technological advancements in medical devices can make training programs quickly outdated. This requires continuous updates and adaptations in training materials and methods, which can strain resources.

  18. D

    Surgical and Medical Device Market Report | Global Forecast From 2025 To...

    • dataintelo.com
    csv, pdf, pptx
    Updated Jan 7, 2025
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    Dataintelo (2025). Surgical and Medical Device Market Report | Global Forecast From 2025 To 2033 [Dataset]. https://dataintelo.com/report/global-surgical-and-medical-device-market
    Explore at:
    pptx, pdf, csvAvailable download formats
    Dataset updated
    Jan 7, 2025
    Dataset authored and provided by
    Dataintelo
    License

    https://dataintelo.com/privacy-and-policyhttps://dataintelo.com/privacy-and-policy

    Time period covered
    2024 - 2032
    Area covered
    Global
    Description

    Surgical and Medical Device Market Outlook



    The global surgical and medical device market is projected to experience significant growth, with its market size estimated to reach approximately $650 billion by 2023, and a forecasted expansion to $1.1 trillion by 2032, reflecting a compound annual growth rate (CAGR) of approximately 6.3%. This growth is primarily driven by the increasing prevalence of chronic diseases, advancements in medical technology, and the rising demand for minimally invasive surgical procedures. Furthermore, the growing aging population and the expansion of healthcare infrastructure in emerging economies are anticipated to further fuel market growth throughout the forecast period.



    One of the key growth factors for the surgical and medical device market is the rapid advancement in medical technology, which has led to the development of innovative and efficient devices. Technological advancements such as robotic-assisted surgeries, augmented reality in the operating room, and the integration of artificial intelligence in diagnostic imaging are transforming the landscape of surgical procedures. These innovations not only enhance the precision and outcomes of surgeries but also reduce recovery times, thereby increasing the demand for advanced surgical devices. Additionally, the continual research and development efforts by manufacturers to introduce cutting-edge products are further propelling market expansion.



    The increasing prevalence of chronic diseases such as cardiovascular diseases, diabetes, and cancer is another significant driver of the surgical and medical device market. As these conditions often require surgical intervention, the demand for surgical devices and equipment is on the rise. According to the World Health Organization, non-communicable diseases are responsible for 71% of all deaths globally, underscoring the need for effective medical devices to manage these conditions. Furthermore, the growing awareness among patients and healthcare professionals about early disease detection and preventive healthcare is leading to a higher adoption of diagnostic and monitoring devices, further boosting market growth.



    The expanding healthcare infrastructure in emerging economies presents a substantial opportunity for the surgical and medical device market. Countries in the Asia Pacific and Latin America regions are witnessing significant investments in healthcare facilities, aimed at improving accessibility and the quality of healthcare services. This expansion is accompanied by an increasing number of healthcare professionals and a growing focus on medical tourism, particularly in countries like India and Thailand. As a result, the demand for surgical and medical devices is expected to rise, providing lucrative opportunities for market players to expand their presence in these regions.



    Regionally, North America currently dominates the surgical and medical device market, attributed to the presence of a robust healthcare system, high adoption of advanced technologies, and the presence of key market players. However, the Asia Pacific region is anticipated to witness the highest growth rate during the forecast period, driven by the factors mentioned earlier, such as expanding healthcare infrastructure and increasing medical tourism. In contrast, Europe is expected to experience steady growth, supported by the well-established healthcare sector and the rising geriatric population necessitating medical interventions. Meanwhile, the Middle East & Africa region is projected to witness moderate growth due to improving healthcare systems and investments in healthcare infrastructure.



    The market for Used Medical Device Sales is also gaining traction as healthcare facilities and smaller clinics look for cost-effective solutions to equip their operations. This segment is particularly appealing in emerging markets where budget constraints often limit the acquisition of brand-new equipment. Used medical devices offer a viable alternative, providing essential functionalities at a fraction of the cost. Additionally, the refurbishment and resale of medical devices contribute to sustainability efforts by extending the lifecycle of equipment and reducing electronic waste. As the demand for healthcare services continues to rise, the market for used medical devices is expected to grow, offering opportunities for both sellers and buyers in the industry.



    Product Type Analysis



    The product type segment of the surgical and medical devic

  19. Medical Equipment Maintenance Market Study by Corrective, Preventive, and...

    • factmr.com
    csv, pdf
    Updated Jun 4, 2024
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    Fact.MR (2024). Medical Equipment Maintenance Market Study by Corrective, Preventive, and Performance/Operational Maintenance for Imaging, Endoscopic, Surgical, and Electro-medical Equipment from 2024 to 2034 [Dataset]. https://www.factmr.com/report/5401/medical-equipment-maintenance-market
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    csv, pdfAvailable download formats
    Dataset updated
    Jun 4, 2024
    Dataset provided by
    Fact.MR
    License

    https://www.factmr.com/privacy-policyhttps://www.factmr.com/privacy-policy

    Time period covered
    2024 - 2034
    Area covered
    Worldwide
    Description

    The global medical equipment maintenance market is approximated at a value of US$ 47.8 billion in 2024 and is forecasted to expand at a CAGR of 7.5% to reach US$ 98.6 billion by 2034-end.

    Report AttributeDetail
    Medical Equipment Maintenance Market Size (2024E)US$ 47.8 Billion
    Forecasted Market Value (2034F)US$ 98.6 Billion
    Global Market Growth Rate (2024 to 2034)7.5% CAGR
    South Korea Market Value (2034F)US$ 5.3 Billion
    Surgical Instrument Demand Growth Rate (2024 to 2034)8.4% CAGR
    Key Companies ProfiledCanon Medical Systems Corporation; Zimmer Biomet; General Electric; Koninklijke Philips N.V.; Siemens Healthcare GmbH; Medtronic; Carestream Health; Shimadzu Corporation; Agfa-Gevaert HealthCare; Olympus Corporation; Boston Scientific Corporation; Viatronix, Inc.; Terarecon, Inc.; Agenor Mantenimientos; Hoya Corporation; Smith+Nephew; Richard Wolf GmbH; KARL STORZ.

    Country-wise Analysis

    AttributeUnited States
    Market Value (2024E)US$ 5.1 Billion
    Growth Rate (2024 to 2034)7.9% CAGR
    Projected Value (2034F)US$ 10.9 Billion
    AttributeJapan
    Market Value (2024E)US$ 3.1 Billion
    Growth Rate (2024 to 2034)8% CAGR
    Projected Value (2034F)US$ 6.7 Billion

    Category-wise Analysis

    AttributeImaging Equipment
    Segment Value (2024E)US$ 13.7 Billion
    Growth Rate (2024 to 2034)7.6% CAGR
    Projected Value (2034F)US$ 28.5 Billion
  20. Vietnam Medical Devices Market Research Report: Forecast (2024-2030)

    • marknteladvisors.com
    Updated Jun 3, 2024
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    MarkNtel Advisors (2024). Vietnam Medical Devices Market Research Report: Forecast (2024-2030) [Dataset]. https://www.marknteladvisors.com/research-library/vietnam-medical-devices-market.html
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    Dataset updated
    Jun 3, 2024
    Dataset authored and provided by
    MarkNtel Advisors
    License

    https://www.marknteladvisors.com/privacy-policyhttps://www.marknteladvisors.com/privacy-policy

    Area covered
    Vietnam, Global
    Description

    Vietnam Medical Devices Market is estimated to grow at a CAGR of around 9% during the forecast period, i.e., 2024-30

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Technavio (2025). Medical Devices Market Analysis, Size, and Forecast 2025-2029: North America (US and Canada), Europe (France, Germany, Italy, and UK), APAC (China, India, Japan, and South Korea), and Rest of World (ROW) [Dataset]. https://www.technavio.com/report/medical-devices-market-industry-analysis
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Medical Devices Market Analysis, Size, and Forecast 2025-2029: North America (US and Canada), Europe (France, Germany, Italy, and UK), APAC (China, India, Japan, and South Korea), and Rest of World (ROW)

Explore at:
Dataset updated
Mar 24, 2025
Dataset provided by
TechNavio
Authors
Technavio
Time period covered
2021 - 2025
Area covered
Global
Description

Snapshot img

Medical Devices Market Size 2025-2029

The medical devices market size is forecast to increase by USD 223 billion at a CAGR of 6.5% between 2024 and 2029.

The market is experiencing significant growth, driven by the increasing prevalence of diseases and the emergence of innovative medical technologies. The rise in chronic diseases, such as diabetes and cardiovascular conditions, is fueling the demand for advanced medical devices that can improve patient outcomes and quality of life. Moreover, technological advancements, including the integration of artificial intelligence and machine learning, are revolutionizing medical devices, enabling more accurate diagnoses and personalized treatments. However, this market is not without challenges. The implementation of stringent cost containment measures and declining reimbursement rates pose significant obstacles for market players. As healthcare systems seek to reduce costs, medical device manufacturers must find ways to make their products more affordable without compromising quality.
Additionally, regulatory compliance remains a critical challenge, with stringent regulations governing the design, development, and marketing of medical devices. Companies must invest heavily in research and development to ensure their products meet the highest safety and efficacy standards. To capitalize on market opportunities and navigate these challenges effectively, medical device manufacturers must stay abreast of industry trends and regulatory requirements, and focus on delivering innovative, cost-effective solutions that meet the evolving needs of healthcare providers and patients.

What will be the Size of the Medical Devices Market during the forecast period?

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The market continues to evolve, driven by advancements in technology, regulatory requirements, and changing healthcare trends. Evolving patterns in the market include the integration of personalized medicine, regulatory approvals, and clinical validation in the development of new devices. Minimally invasive surgery and drug delivery systems are gaining popularity due to their ability to improve patient outcomes and reduce recovery time. Medical robotics, government agencies, and big data analytics are revolutionizing surgical procedures, while regenerative medicine and biocompatible materials are paving the way for innovative medical implants. Service and support, quality management, and machine learning are essential components of the medical device industry, ensuring patient safety and regulatory compliance.
Remote patient monitoring, distribution networks, and diagnostic imaging are transforming healthcare delivery, enabling precision medicine and digital health. Cardiovascular devices, insurance companies, contract manufacturers, and artificial intelligence are also key players in the market, contributing to research and development and supply chain management. Three-dimensional (3D) printing is revolutionizing the manufacturing process, allowing for the production of complex and customized medical devices. Wearable technology and medical implants are increasingly being adopted by healthcare providers, offering patients greater convenience and improved health outcomes. The ongoing unfolding of market activities in these areas underscores the dynamic nature of the medical devices industry.

How is this Medical Devices Industry segmented?

The medical devices industry research report provides comprehensive data (region-wise segment analysis), with forecasts and estimates in 'USD billion' for the period 2025-2029, as well as historical data from 2019-2023 for the following segments.

End-user

  Hospitals and ASCs
  Clinics
  Others


Product Type

  Diagnostic devices
  Therapeutic devices
  Monitoring devices
  Assistive and rehabilitation devices
  Others


Application

  Cardiovascular
  Orthopedic
  Diagnostic imaging
  Dental
  Others


Geography

  North America

    US
    Canada


  Europe

    France
    Germany
    Italy
    UK


  APAC

    China
    India
    Japan
    South Korea


  Rest of World (ROW)

By End-user Insights

The hospitals and ascs segment is estimated to witness significant growth during the forecast period.

The market encompasses a diverse range of technologies and applications, with hospitals and Ambulatory Surgical Centers (ASCs) representing a significant segment. Hospitals and ASCs are major consumers of medical devices, requiring equipment for diagnosis, treatment, and patient monitoring. Advanced medical devices, such as imaging equipment, surgical instruments, patient monitoring systems, and diagnostic devices, are in high demand due to increasing healthcare expenditure by governments and private entities. The global population growth and aging demographics contribute to higher patient volumes, necessitating more medical devices to meet care demands. Regulator

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