100+ datasets found
  1. F

    Producer Price Index by Industry: Medical Equipment and Supplies...

    • fred.stlouisfed.org
    json
    Updated Jun 12, 2025
    + more versions
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    (2025). Producer Price Index by Industry: Medical Equipment and Supplies Manufacturing [Dataset]. https://fred.stlouisfed.org/series/PCU33913391
    Explore at:
    jsonAvailable download formats
    Dataset updated
    Jun 12, 2025
    License

    https://fred.stlouisfed.org/legal/#copyright-public-domainhttps://fred.stlouisfed.org/legal/#copyright-public-domain

    Description

    Graph and download economic data for Producer Price Index by Industry: Medical Equipment and Supplies Manufacturing (PCU33913391) from Dec 2003 to May 2025 about medical, supplies, equipment, manufacturing, PPI, industry, inflation, price index, indexes, price, and USA.

  2. T

    United States - Producer Price Index by Industry: Medical Equipment and...

    • tradingeconomics.com
    csv, excel, json, xml
    Updated Apr 22, 2020
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    TRADING ECONOMICS (2020). United States - Producer Price Index by Industry: Medical Equipment and Supplies Manufacturing [Dataset]. https://tradingeconomics.com/united-states/producer-price-index-by-industry-medical-equipment-and-supplies-manufacturing-fed-data.html
    Explore at:
    csv, xml, json, excelAvailable download formats
    Dataset updated
    Apr 22, 2020
    Dataset authored and provided by
    TRADING ECONOMICS
    License

    Attribution 4.0 (CC BY 4.0)https://creativecommons.org/licenses/by/4.0/
    License information was derived automatically

    Time period covered
    Jan 1, 1976 - Dec 31, 2025
    Area covered
    United States
    Description

    United States - Producer Price Index by Industry: Medical Equipment and Supplies Manufacturing was 138.32700 Index Dec 2003=100 in April of 2025, according to the United States Federal Reserve. Historically, United States - Producer Price Index by Industry: Medical Equipment and Supplies Manufacturing reached a record high of 138.32700 in April of 2025 and a record low of 100.00000 in December of 2003. Trading Economics provides the current actual value, an historical data chart and related indicators for United States - Producer Price Index by Industry: Medical Equipment and Supplies Manufacturing - last updated from the United States Federal Reserve on June of 2025.

  3. Manufacturing costs in the medical device industry compared to U.S. 2016

    • statista.com
    Updated Jul 11, 2025
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    Statista (2025). Manufacturing costs in the medical device industry compared to U.S. 2016 [Dataset]. https://www.statista.com/statistics/632843/medical-device-manufacturing-costs-in-select-countries/
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    Dataset updated
    Jul 11, 2025
    Dataset authored and provided by
    Statistahttp://statista.com/
    Time period covered
    2016
    Area covered
    Worldwide, United States
    Description

    This statistic compares the manufacturing costs of the medical device industry in selected countries with costs in the United States, as of 2016. Manufacturing costs in all other countries were less than in the United States, with costs in Mexico **** percent less than in the United States.

  4. I

    Indonesia Wholesale Price Index: Manufacturing: GMD: Medical Devices

    • ceicdata.com
    Updated Dec 15, 2018
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    CEICdata.com (2018). Indonesia Wholesale Price Index: Manufacturing: GMD: Medical Devices [Dataset]. https://www.ceicdata.com/en/indonesia/wholesale-price-index-by-sector-manufacturing/wholesale-price-index-manufacturing-gmd-medical-devices
    Explore at:
    Dataset updated
    Dec 15, 2018
    Dataset provided by
    CEICdata.com
    License

    Attribution 4.0 (CC BY 4.0)https://creativecommons.org/licenses/by/4.0/
    License information was derived automatically

    Time period covered
    Jan 1, 2018 - Dec 1, 2018
    Area covered
    Indonesia
    Variables measured
    Domestic Trade Price
    Description

    Indonesia Wholesale Price Index: Manufacturing: GMD: Medical Devices data was reported at 127.100 2010=100 in Dec 2018. This stayed constant from the previous number of 127.100 2010=100 for Nov 2018. Indonesia Wholesale Price Index: Manufacturing: GMD: Medical Devices data is updated monthly, averaging 124.770 2010=100 from Jan 2013 (Median) to Dec 2018, with 72 observations. The data reached an all-time high of 127.100 2010=100 in Dec 2018 and a record low of 112.200 2010=100 in Jan 2014. Indonesia Wholesale Price Index: Manufacturing: GMD: Medical Devices data remains active status in CEIC and is reported by Central Bureau of Statistics. The data is categorized under Indonesia Premium Database’s Inflation – Table ID.IB004: Wholesale Price Index: by Sector: Manufacturing.

  5. Jordan Wholesale Price Index: MO: Medical Devices and Instruments

    • ceicdata.com
    Updated Jan 15, 2025
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    CEICdata.com (2025). Jordan Wholesale Price Index: MO: Medical Devices and Instruments [Dataset]. https://www.ceicdata.com/en/jordan/wholesale-price-index-1998100/wholesale-price-index-mo-medical-devices-and-instruments
    Explore at:
    Dataset updated
    Jan 15, 2025
    Dataset provided by
    CEIC Data
    License

    Attribution 4.0 (CC BY 4.0)https://creativecommons.org/licenses/by/4.0/
    License information was derived automatically

    Time period covered
    Mar 1, 2013 - Dec 1, 2015
    Area covered
    Jordan
    Variables measured
    Domestic Trade Price
    Description

    Jordan Wholesale Price Index: MO: Medical Devices and Instruments data was reported at 104.837 1998=100 in Dec 2015. This records an increase from the previous number of 104.779 1998=100 for Sep 2015. Jordan Wholesale Price Index: MO: Medical Devices and Instruments data is updated quarterly, averaging 97.890 1998=100 from Mar 2001 (Median) to Dec 2015, with 60 observations. The data reached an all-time high of 104.837 1998=100 in Dec 2015 and a record low of 88.730 1998=100 in Sep 2007. Jordan Wholesale Price Index: MO: Medical Devices and Instruments data remains active status in CEIC and is reported by Department of Statistics. The data is categorized under Global Database’s Jordan – Table JO.I013: Wholesale Price Index: 1998=100.

  6. 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
    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?

    Request Free Sample

    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

  7. Medical products & equipment consumer price index (CPI) annually in the UK...

    • statista.com
    Updated Jun 16, 2025
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    Statista (2025). Medical products & equipment consumer price index (CPI) annually in the UK 2003-2024 [Dataset]. https://www.statista.com/statistics/286446/medical-products-and-equipment-consumer-price-index-cpi-annual-average-in-uk/
    Explore at:
    Dataset updated
    Jun 16, 2025
    Dataset authored and provided by
    Statistahttp://statista.com/
    Area covered
    United Kingdom
    Description

    This statistic shows the consumer price index (CPI) for medical products, appliances, and equipment in the United Kingdom (UK) annually from 2003 to 2024, where the year 2015 equals 100. In 2024, the annual average price index value of medical products was measured at 126.5. This includes pharmaceutical products, therapeutic and other medical equipment.

  8. Medical device market share based on manufacturer prices in Europe 2023

    • statista.com
    • ai-chatbox.pro
    Updated Nov 26, 2024
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    Statista (2024). Medical device market share based on manufacturer prices in Europe 2023 [Dataset]. https://www.statista.com/statistics/626764/medical-technology-markets-based-on-manufacturer-prices-europe/
    Explore at:
    Dataset updated
    Nov 26, 2024
    Dataset authored and provided by
    Statistahttp://statista.com/
    Time period covered
    2023
    Area covered
    Europe
    Description

    In 2023, Germany held the largest share of the medical device market in Europe. Standing at over 26 percent, the German medical device industry had a higher share than the closer two competitors, France and Italy, added together.

  9. F

    Import Price Index (NAICS): Medical Equipment and Supplies Manufacturing

    • fred.stlouisfed.org
    json
    Updated Jun 17, 2025
    + more versions
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    (2025). Import Price Index (NAICS): Medical Equipment and Supplies Manufacturing [Dataset]. https://fred.stlouisfed.org/series/IZ3391
    Explore at:
    jsonAvailable download formats
    Dataset updated
    Jun 17, 2025
    License

    https://fred.stlouisfed.org/legal/#copyright-public-domainhttps://fred.stlouisfed.org/legal/#copyright-public-domain

    Description

    Graph and download economic data for Import Price Index (NAICS): Medical Equipment and Supplies Manufacturing (IZ3391) from Dec 2005 to May 2025 about medical, supplies, imports, NAICS, equipment, manufacturing, price index, indexes, price, and USA.

  10. Africa Medical Devices Market Analysis - Size and Forecast 2025-2029

    • technavio.com
    Updated Jan 15, 2025
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    Technavio (2025). Africa Medical Devices Market Analysis - Size and Forecast 2025-2029 [Dataset]. https://www.technavio.com/report/africa-medical-devices-market-analysis
    Explore at:
    Dataset updated
    Jan 15, 2025
    Dataset provided by
    TechNavio
    Authors
    Technavio
    Time period covered
    2021 - 2025
    Area covered
    Africa
    Description

    Snapshot img

    Africa Medical Devices Market Size 2025-2029

    The africa medical devices market size is forecast to increase by USD 2.48 billion at a CAGR of 8% between 2024 and 2029.

    The African medical devices market is experiencing significant growth, driven by the rising prevalence of chronic diseases and the increasing adoption of wearable medical devices. Chronic conditions, such as diabetes and cardiovascular diseases, are on the rise across Africa, necessitating the need for continuous monitoring and management. This trend is fueling the demand for medical devices that can help diagnose, treat, and manage these conditions more effectively. Moreover, the adoption of wearable medical devices is gaining momentum in Africa. These devices offer several advantages, including remote monitoring, real-time data analysis, and improved patient engagement. They are particularly useful in remote and underserved areas where access to healthcare facilities is limited. However, the high cost of medical devices remains a significant challenge. Affordability is a critical factor for many African consumers, and pricing remains a significant barrier to entry for many medical device manufacturers. Companies seeking to capitalize on the opportunities in this market must focus on developing innovative and cost-effective solutions to address this challenge. Additionally, navigating regulatory frameworks and logistical complexities will be essential for success in the African medical devices market.

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

    Explore in-depth regional segment analysis with market size data - historical 2019-2023 and forecasts 2025-2029 - in the full report.
    Request Free Sample

    The African medical devices market encompasses various sectors, including home healthcare, digital health, medical education, hospice care, and medical tourism. Medical device innovation is a key driver, with emerging technologies such as gene therapy, nanotechnology in medicine, robotics in surgery, and precision medicine gaining traction. Private healthcare providers and public health initiatives are integrating digital health solutions for chronic disease management and disease prevention. Healthcare financing and healthcare workforce development are critical challenges, necessitating creative distribution models and partnerships. Mobile health applications, mental health services, and palliative care are also priority areas for growth. Government healthcare policies and public-private collaborations are shaping the landscape, with a focus on healthcare financing, disease prevention, and health data analytics. Wearable health devices and community health programs are further expanding access to healthcare services in remote areas.

    How is this market segmented?

    The market 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-userHospitals and clinicsDiagnostic centersOthersTypeIn-vitro diagnosticsCardiovascular devicesDiagnostic equipmentDental equipmentOthersGeographyMiddle East and AfricaEgyptKenyaSouth Africa

    By End-user Insights

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

    The African medical devices market encompasses a range of essential healthcare technologies and services, including medical imaging techniques, electronic health records, medical consumables, radiology equipment, oxygen concentrators, hearing aids, blood glucose monitors, medical device certification, insulin pumps, surgical instruments, x-ray machines, medical software, medical equipment leasing, ultrasound scanners, healthcare infrastructure, sterilization techniques, medical device safety, medical waste management, diabetes management devices, CT scanners, medical devices regulation, endoscopy devices, medical device manufacturing, cardiovascular devices, hospital beds, clinical trials, diagnostic imaging equipment, assistive devices, orthopedic implants, respiratory devices, biomedical engineering, MRI scanners, biocompatibility testing, hospital equipment supply, laparoscopic instruments, patient monitoring systems, remote patient monitoring, and telemedicine solutions. These technologies and services cater to various healthcare needs, from diagnostic imaging and patient monitoring to sterilization and medical waste management. Telemedicine, in particular, has emerged as a vital healthcare service in Africa, connecting doctors and patients remotely, enabling access to medical consultations and healthcare services from the comfort of their homes. This technology is especially crucial in remote areas where access to healthcare facilities is limited. The African healthcare system's complexity necessitates

  11. o

    PRICING MEDICAL DEVICES - Dataset - Open Government Data

    • opendata.gov.jo
    Updated May 24, 2021
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    (2021). PRICING MEDICAL DEVICES - Dataset - Open Government Data [Dataset]. https://opendata.gov.jo/dataset/pricing-medical-devices-852-2020
    Explore at:
    Dataset updated
    May 24, 2021
    Description

    PRICING MEDICAL DEVICES : 1-Prices for Eye lubricant and Intra-articular injections 2- Prices for cardiac stents and their accessories 3- Prices for medical alcohol in different sizes 4- Prices for Medical gloves ( latex & Nitrile) 5- Price for surgical mask

  12. c

    Smart Home Medical Device Market - Price, Size, Share & Growth

    • coherentmarketinsights.com
    Updated Feb 13, 2017
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    Coherent Market Insights (2017). Smart Home Medical Device Market - Price, Size, Share & Growth [Dataset]. https://www.coherentmarketinsights.com/market-insight/smart-home-medical-device-marke-111
    Explore at:
    Dataset updated
    Feb 13, 2017
    Dataset authored and provided by
    Coherent Market Insights
    License

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

    Time period covered
    2025 - 2031
    Area covered
    Global
    Description

    Smart Home Medical Device Market - Global Industry Insights, Size, Share, Trends, Outlook, and Opportunity Analysis

  13. F

    Producer Price Index by Industry: Surgical and Medical Instrument...

    • fred.stlouisfed.org
    json
    Updated Jun 12, 2025
    + more versions
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    (2025). Producer Price Index by Industry: Surgical and Medical Instrument Manufacturing: Surgical and Orthopedic Instruments [Dataset]. https://fred.stlouisfed.org/series/PCU33911233911201
    Explore at:
    jsonAvailable download formats
    Dataset updated
    Jun 12, 2025
    License

    https://fred.stlouisfed.org/legal/#copyright-public-domainhttps://fred.stlouisfed.org/legal/#copyright-public-domain

    Description

    Graph and download economic data for Producer Price Index by Industry: Surgical and Medical Instrument Manufacturing: Surgical and Orthopedic Instruments (PCU33911233911201) from Jun 2012 to May 2025 about surgical, instruments, medical, manufacturing, PPI, industry, inflation, price index, indexes, price, and USA.

  14. c

    Disposable Medical Devices market size was USD 6.85 Billion in 2022!

    • cognitivemarketresearch.com
    pdf,excel,csv,ppt
    Updated Mar 12, 2025
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    Cognitive Market Research (2025). Disposable Medical Devices market size was USD 6.85 Billion in 2022! [Dataset]. https://www.cognitivemarketresearch.com/disposable-medical-devices-market-report
    Explore at:
    pdf,excel,csv,pptAvailable download formats
    Dataset updated
    Mar 12, 2025
    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

    Global Disposable Medical Devices market size was USD 6.85 Billion in 2022 and it is forecasted to reach USD 14.05 Billion by 2030. Disposable Medical Devices Industry's Compound Annual Growth Rate will be 9.4% from 2023 to 2030. Factors Affecting Disposable Medical Devices Market Growth

    Growing prevalence of hospital-acquired infections and contamination 
    

    Nosocomially acquired illnesses that are not present or incubating at the time of admission to a hospital are known as hospital-acquired infections (HAIs). These infections include bloodstream infections linked to central lines, urinary tract infections linked to catheters, surgical site infections, pneumonia linked to ventilators, pneumonia acquired in hospitals, and infections with Clostridium difficile. For instance, the World Health Organisation estimates that, for every 100 patients in acute-care hospitals, seven patients from high-income countries and fifteen patients from low- and middle-income countries will contract at least one healthcare-associated infection (HAI) while they are in the hospital. Every ten people who are impacted will die as a result of their HAI, on average. Due to their association with multidrug-resistant illnesses, the effects of hospital-acquired infections are felt not only at the level of the individual patient but also at the community level. For the prevention and reduction of hospital-acquired infections and multidrug-resistant illnesses, it is crucial to identify individuals who have these risk factors. The patient's immune system, the facility's infection control procedures, and the frequency of different pathogens in the neighborhood all affect the risk of hospital-acquired diseases. Disposable medical device sensors are intended to be used just once, reducing the chance of cross-infection and patient contamination. Since they are destroyed after a single use and don't require reprocessing or sterilization, disposable medical device sensors provide a sterile and contamination-free option. Hence the expanding prevalence of hospital-acquired infections and contamination can hamper the growth of the disposable medical device sensors market.

    Increasing demand for health data tracking
    

    The Restraining Factor of Disposable Medical Devices:

    High costs associated with disposable medical device sensors
    

    High costs associated with disposable medical device sensors can indeed pose a challenge to the growth of the Disposable Medical Devices Sensors Market. Healthcare facilities, particularly in resource-constrained settings or those with limited budgets, may find it challenging to invest in expensive disposable medical device sensors. Higher costs can deter healthcare providers from fully embracing these sensors and opting for alternative solutions or reusable devices.

    Impact of the COVID-19 pandemic on the Disposable Medical Devices Sensors Market:

    COVID-19 has had a favorable impact on the disposable medical device sensors market. The COVID-19 outbreaks have brought to light how much healthcare facilities may contribute to the spread of illnesses, endangering patients, medical personnel, and visitors if infection prevention and control (IPC) is not given adequate attention. The demand for disposable medical device sensors is heightened as it allows physicians to track health and prevent the spread of novel coronavirus. Introduction of Disposable Medical Devices

    Sensors for disposable medical devices are those that are intended to be used only once before being discarded. Disposable medical devices are small movable devices used to analyze and monitor physical properties for medical purposes. These sensors are applicable in various therapeutic departments such as ophthalmology, cardiovascular, neurology, radiology, oncology, and proctology and are also used in various in-vivo and in-vitro clinical trials. Further, these are often employed in a variety of medical applications to track vital signs, collect data, and give healthcare practitioners real-time feedback. It consists of sensors for temperature, heart rate, blood pressure, oxygen, electrocardiogram (ECG), and other things. These sensors are often used to detect the body's vital signs, including body temperature, blood pressure, pulse rate, heart rate, blood oxygen levels, blood glucose levels, and cholesterol levels.

  15. M

    Medical Device Outsourcing Market To Surge US$ 352.3 Billion By 2032

    • media.market.us
    Updated Jan 3, 2025
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    Market.us Media (2025). Medical Device Outsourcing Market To Surge US$ 352.3 Billion By 2032 [Dataset]. https://media.market.us/medical-device-outsourcing-market-news-2025/
    Explore at:
    Dataset updated
    Jan 3, 2025
    Dataset authored and provided by
    Market.us Media
    License

    https://media.market.us/privacy-policyhttps://media.market.us/privacy-policy

    Time period covered
    2022 - 2032
    Area covered
    Global, United States
    Description

    Introduction

    Global Medical Device Outsourcing Market size is expected to be worth around US$ 352.3 Billion by 2032 from US$ 130.7 Billion in 2023, growing at a CAGR of 12.0% during the forecast period from 2023 to 2032. In 2022, Asia Pacific led the market, achieving over 40.6% share with a revenue of US$ 47.3 Billion.

    This market's robust growth is fueled by rising demand for medical devices, increasing price competition, and the need for cost efficiencies. Complexities in product engineering and the influx of new market entrants further drive demand for outsourcing services. A strong focus on innovative technologies and the development of patient-centric devices is expected to boost medical device pipelines throughout the forecast period.

    Stringent regulatory requirements, such as those imposed by the FDA and EMA, have led companies to outsource compliance processes, simplifying adherence and fostering market growth. The COVID-19 pandemic initially redirected clinical trial priorities toward COVID-related diagnostics and treatments. However, post-pandemic, there has been a shift toward oncology and central nervous system disease research, signaling diversification in clinical trials.

    Outsourcing in the medical device sector offers companies significant benefits, including efficient management of routine manufacturing tasks, cost savings, and streamlined supply chains. These advantages enable the rapid delivery of competitive products to market while maintaining compliance with industry standards. Accelerated production timelines also facilitate quicker market entry.

    https://sp-ao.shortpixel.ai/client/to_auto,q_lossy,ret_img,w_1216,h_709/https://market.us/wp-content/uploads/2023/06/Medical-Device-Outsourcing-Market-by-service.jpg" alt="Medical Device Outsourcing Market by service" class="wp-image-102334">

    Additionally, broader healthcare trends, such as the rising adoption of minimally invasive procedures for chronic disease treatment, are driving demand for outsourcing services. These trends create new opportunities for outsourcing firms, allowing them to support innovation and product development.

    Emerging markets are playing a vital role in the growth of the medical device outsourcing sector. Increased demand for high-quality healthcare services in these regions has led outsourcing firms to focus on obtaining swift regulatory approvals and ensuring timely product launches. This capability supports faster market penetration and is expected to further accelerate market growth.

  16. Global Medical Device And Accessories Market Size By Product Type, By...

    • verifiedmarketresearch.com
    Updated Sep 23, 2024
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    VERIFIED MARKET RESEARCH (2024). Global Medical Device And Accessories Market Size By Product Type, By End-User, By Application, By Geographic Scope And Forecast [Dataset]. https://www.verifiedmarketresearch.com/product/medical-device-accessories-market/
    Explore at:
    Dataset updated
    Sep 23, 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 And Accessories Market size was valued at USD 1.5 Billion in 2023 and is projected to reach USD 3.3 Billion by 2031, growing at a CAGR of 7.8% during the forecast period 2024-2031.

    Global Medical Device And Accessories Market Drivers

    The market drivers for the Medical Device And Accessories Market can be influenced by various factors. These may include:

    Technological Advancements: The medical device and accessories market is primarily driven by rapid technological advancements. Innovations in materials, miniaturization, and electronic enhancements facilitate the development of sophisticated healthcare products. For instance, the integration of artificial intelligence (AI) and machine learning in imaging devices improves diagnostic accuracy and patient outcomes. Additionally, the rise of telemedicine has spurred demand for wearable devices that monitor health remotely, enhancing patient engagement and compliance. Companies continuously invest in R&D to create next-generation devices that provide better functionality, reliability, and user-friendliness, thereby fostering competitive differentiation and market growth.

    Increasing Aging Population: The global increase in the aging population significantly drives the medical device and accessories market. As people age, they often experience chronic health conditions, necessitating advanced medical care and devices for management. The World Health Organization (WHO) projects that the number of individuals aged 65 and older will double from 2020 to 2050, leading to a rise in demand for orthopedic implants, cardiovascular devices, and monitoring tools. This demographic shift not only escalates healthcare costs but also propels innovations in geriatric care solutions, ensuring that healthcare systems evolve to accommodate the needs of an older population.

    Global Medical Device And Accessories Market Restraints

    Several factors can act as restraints or challenges for the Medical Device And Accessories Market. These may include:

    Regulatory Challenges: The medical device and accessories market is heavily regulated, which can impede innovation and market entry for new products. Compliance with stringent regulations set by agencies like the FDA in the U.S. and the EMA in Europe can be time-consuming and costly. Manufacturers must undergo rigorous testing and approval processes, including pre-market submissions and post-market surveillance. These requirements can delay the introduction of new devices, limit the scope of development, and increase expenditure. Smaller companies, in particular, may struggle to navigate these complex regulatory landscapes, hindering their ability to compete with larger firms that have more resources.

    High R&D Costs: Research and development (R&D) costs for medical devices are substantial, often requiring significant investment in technology, material testing, and clinical trials. The financial burden associated with R&D can deter new entrants and impede market expansion. For established companies, the need to continuously innovate to stay competitive can strain budgets. Many devices require years of research before gaining regulatory approval, further inflating costs. Additionally, the high failure rate in medical device development can lead to losses that discourage investment. Consequently, the high R&D costs can create barriers to entry and diminish the overall growth potential of the market.

  17. The global Medical Devices Outsourcing market size will be USD 131421.5...

    • cognitivemarketresearch.com
    pdf,excel,csv,ppt
    Updated Feb 26, 2025
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    Cognitive Market Research (2025). The global Medical Devices Outsourcing market size will be USD 131421.5 million in 2025. [Dataset]. https://www.cognitivemarketresearch.com/medical-devices-outsourcing-market-report
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    pdf,excel,csv,pptAvailable download formats
    Dataset updated
    Feb 26, 2025
    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 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...

  18. Implantable medical devices - price development in the U.S. 2007-2011

    • statista.com
    Updated Sep 21, 2013
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    Statista (2013). Implantable medical devices - price development in the U.S. 2007-2011 [Dataset]. https://www.statista.com/statistics/277773/price-development-of-implantable-medical-devices-in-the-us/
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    Dataset updated
    Sep 21, 2013
    Dataset authored and provided by
    Statistahttp://statista.com/
    Time period covered
    2007 - 2011
    Area covered
    United States
    Description

    This statistic shows the price development of selected implantable medical devices in the United States between 2007 and 2011. In that period, prices for implantable defibrillators decreased some 24 percent.

  19. Medical Device Manufacturing in the US - Market Research Report (2015-2030)

    • ibisworld.com
    Updated Apr 15, 2025
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    IBISWorld (2025). Medical Device Manufacturing in the US - Market Research Report (2015-2030) [Dataset]. https://www.ibisworld.com/united-states/market-research-reports/medical-device-manufacturing-industry/
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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
    2015 - 2030
    Area covered
    United States
    Description

    Major companies have continued to dominate medical device manufacturing, making strategic acquisitions and heavily investing in research and development (R&D) to boost market share. Industry giants like Johnson & Johnson and Boston Scientific have actively pursued acquisitions to expand their portfolios and strengthen their market positions. Johnson & Johnson's 2022 acquisition of Abiomed fortified its place in treating cardiovascular diseases, and Boston Scientific's 2023 acquisition of Axionics expanded its urology product offerings. At the same time, high demand for healthcare from the aging population has made room for an influx of start-ups. Revenue has been climbing at a CAGR of 1.2% to an estimated $56.4 billion over the five years through 2025, including an expected lift of 3.1% in 2024 alone. Innovation has remained a pivotal element in securing growth for medical device manufacturers. Advances in technology and research have led to the development of sophisticated products that can treat rare chronic conditions and ailments. New smart implantable devices, like Biotronik's Dynagen A3 cardiac defibrillator, enhance physicians' ability to treat patients. Government support has been a solid boon for manufacturers, with initiatives like revamped R&D tax credits fuelling innovation. Medical device manufacturers are increasingly focusing on personalizing products and integrating AI, as seen with Medtronic's Genius GI endoscopy tool, allowing them to cater to specific patient needs and improve healthcare outcomes. Since healthcare professionals are under pressure to use the best tools available, the release of new innovative products has directly spurred sales and pushed revenue upward. Buyers' reliance on effective medical devices gives manufacturers significant control over prices, allowing them to maintain solid profit despite swelling R&D budgets. Demographic changes and technological advancements will continue enabling medical device manufacturers to drive revenue growth. As the median age of the U.S. population climbs, demand for orthopedic and neurological devices will surge. Companies will continue investing heavily in R&D to outpace competition in domestic and international markets. Upcoming regulatory changes and potential tariffs under the second Trump administration could present opportunities and challenges, easing regulations but deterring international trade. Despite these hurdles, revenue is set to outpace the previous period's growth, surging at a CAGR of 2.6% to an estimated $64.3 billion through the end of 2030.

  20. T

    Euro Area - Producer prices in industry: Manufacture of medical and dental...

    • tradingeconomics.com
    csv, excel, json, xml
    Updated Jun 30, 2021
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    TRADING ECONOMICS (2021). Euro Area - Producer prices in industry: Manufacture of medical and dental instruments and supplies [Dataset]. https://tradingeconomics.com/euro-area/producer-prices-in-industry-manufacture-of-medical-dental-instruments-supplies-eurostat-data.html
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    csv, xml, excel, jsonAvailable download formats
    Dataset updated
    Jun 30, 2021
    Dataset authored and provided by
    TRADING ECONOMICS
    License

    Attribution 4.0 (CC BY 4.0)https://creativecommons.org/licenses/by/4.0/
    License information was derived automatically

    Time period covered
    Jan 1, 1976 - Dec 31, 2025
    Area covered
    Euro Area
    Description

    Euro Area - Producer prices in industry: Manufacture of medical and dental instruments and supplies was 105.30 points in April of 2025, according to the EUROSTAT. Trading Economics provides the current actual value, an historical data chart and related indicators for Euro Area - Producer prices in industry: Manufacture of medical and dental instruments and supplies - last updated from the EUROSTAT on June of 2025. Historically, Euro Area - Producer prices in industry: Manufacture of medical and dental instruments and supplies reached a record high of 107.20 points in January of 2017 and a record low of 95.80 points in July of 2006.

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(2025). Producer Price Index by Industry: Medical Equipment and Supplies Manufacturing [Dataset]. https://fred.stlouisfed.org/series/PCU33913391

Producer Price Index by Industry: Medical Equipment and Supplies Manufacturing

PCU33913391

Explore at:
jsonAvailable download formats
Dataset updated
Jun 12, 2025
License

https://fred.stlouisfed.org/legal/#copyright-public-domainhttps://fred.stlouisfed.org/legal/#copyright-public-domain

Description

Graph and download economic data for Producer Price Index by Industry: Medical Equipment and Supplies Manufacturing (PCU33913391) from Dec 2003 to May 2025 about medical, supplies, equipment, manufacturing, PPI, industry, inflation, price index, indexes, price, and USA.

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