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

View monthly updates and historical trends for US Producer Price Index: Medical Equipment & Supplies Manufacturing. from United States. Source: Bureau of …

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.

United States - Producer Price Index by Industry: Medical Equipment and Supplies Manufacturing was 138.17800 Index Dec 2003=100 in August 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 138.33500 in June 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 November of 2025.

In 2024, Germany held the largest share of the medical device market in Europe. Standing at 25.2 percent, the German medical device industry had a higher share than the next two competitors, France and the United Kingdom, added together.

Graph and download economic data for Export Price Index (NAICS): Medical Equipment and Supplies Manufacturing (IY3391) from Dec 2005 to Aug 2025 about medical, supplies, NAICS, exports, equipment, manufacturing, price index, indexes, price, and USA.

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.

Access Medical Device export import data including profitable buyers and suppliers with details like HSN code, Price, Quantity.

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.

Smart Medical Devices Market is segmented By Device Type (Diagnostic & Monitoring Devices and Therapeutic Devices)

Access updated Medical Device import data India with HS Code, price, importers list, Indian ports, exporting countries, and verified Medical Device buyers in India.

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

The pre-owned medical device market is experiencing robust growth, projected to reach a market size of $4 billion in 2025, exhibiting a Compound Annual Growth Rate (CAGR) of 7.7% from 2025 to 2033. This expansion is driven by several key factors. Increasing healthcare costs are pushing hospitals and clinics to explore more cost-effective solutions, with pre-owned devices offering a significant price advantage compared to new equipment. Simultaneously, a growing global population and rising prevalence of chronic diseases are increasing demand for medical devices, further fueling the market for pre-owned alternatives. Technological advancements are also playing a crucial role, with refurbished devices often incorporating updated software and features, minimizing the performance gap between pre-owned and new equipment. Stricter regulatory frameworks surrounding medical waste and environmental concerns are also encouraging the adoption of sustainable practices like the reuse of medical devices. Key players like Koninklijke Philips N.V., General Electric Company, and Siemens AG are actively participating in this market, either through direct sales of refurbished devices or through partnerships with specialized refurbishment companies. The market segmentation within pre-owned medical devices is diverse, encompassing various categories based on device type (e.g., imaging equipment, surgical instruments, diagnostic tools), and application (e.g., hospitals, clinics, ambulatory surgical centers). Regional variations exist, with North America and Europe currently holding significant market shares due to higher healthcare expenditure and established regulatory frameworks. However, emerging economies in Asia-Pacific and Latin America are expected to witness rapid growth in the coming years, driven by increasing healthcare infrastructure development and rising disposable incomes. While challenges remain, such as concerns about device reliability and potential maintenance issues, the overall market outlook for pre-owned medical devices remains positive, with continued growth expected throughout the forecast period.

Get the latest USA Medical Equipment import data with importer names, shipment details, buyers list, product description, price, quantity, and major US ports.

United States CPI U: AW: Medical Care: CO: Medical Equipment & Supplies data was reported at 0.058 % in 2017. This records a decrease from the previous number of 0.060 % for 2016. United States CPI U: AW: Medical Care: CO: Medical Equipment & Supplies data is updated yearly, averaging 0.076 % from Dec 2010 (Median) to 2017, with 8 observations. The data reached an all-time high of 0.080 % in 2010 and a record low of 0.058 % in 2017. United States CPI U: AW: Medical Care: CO: Medical Equipment & Supplies data remains active status in CEIC and is reported by Bureau of Labor Statistics. The data is categorized under Global Database’s USA – Table US.I011: Consumer Price Index: Urban: Weights (Annual).

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.

According to Cognitive Market Research, the global medical device technologies market size will be USD 489241.5 million in 2025. It will expand at a compound annual growth rate (CAGR) of 5.50% 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 181019.36 million in 2025 and will grow at a compound annual growth rate (CAGR) of 4.0% from 2025 to 2033.
Europe accounted for a market share of over 30% of the global revenue with a market size of USD 141880.04 million.
APAC held a market share of around 23% of the global revenue with a market size of USD 117417.96 million in 2025 and will grow at a compound annual growth rate (CAGR) of 8.2% from 2025 to 2033.
South America has a market share of more than 5% of the global revenue with a market size of USD 18591.18 million in 2025 and will grow at a compound annual growth rate (CAGR) of 6.2% from 2025 to 2033.
Middle East had a market share of around 2% of the global revenue and was estimated at a market size of USD 19569.66 million in 2025 and will grow at a compound annual growth rate (CAGR) of 6.8% 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 10763.31 million in 2025 and will grow at a compound annual growth rate (CAGR) of 5.8% from 2025 to 2033.
Orthopedic devices category is the fastest growing segment of the medical device technologies industry

Market Dynamics of Medical Device Technologies Market

Key Drivers for Medical Device Technologies Market

Continuous Innovation in Medical Device Technologies to Boost Market Growth

The medical device technologies market is experiencing significant growth, driven by continuous innovation across various segments, including diagnostic, therapeutic, and surgical devices. Advancements in minimally invasive technologies, wearable medical devices, and digital health solutions are key drivers in improving patient outcomes and operational efficiency. The integration of artificial intelligence (AI), 3D printing, and robotic-assisted surgery enhances precision and personalized care. Additionally, increasing healthcare demands, an ageing population, and rising chronic diseases propel the need for cutting-edge solutions. Regulatory support, along with rising investment in R&D, fosters continuous technological evolution, leading to better and more accessible healthcare. In January 2024, GE Healthcare agreed to acquire MIM Software, one of the leading providers of medical imaging analysis and AI solutions. The company specializes in areas such as radiation oncology, molecular radiotherapy, diagnostic imaging, and urology in various healthcare settings.

https://investor.gehealthcare.com/news-releases/news-release-details/ge-healthcare-announces-agreement-acquire-mim-software

Rising Shift toward Wearable Devices to Boost Market Growth

The medical device technologies market is experiencing significant growth, driven by a rising shift toward wearable devices. Wearable medical devices, such as smartwatches, fitness trackers, and health-monitoring gadgets, are gaining popularity due to their ability to offer continuous, real-time health data collection. Consumers increasingly demand personalized healthcare, and these devices provide an efficient way to monitor vital signs, manage chronic conditions, and track overall wellness. Technological advancements in sensors, connectivity (e.g., Bluetooth), and data analytics further enhance the functionality of wearable devices, fueling the market's growth and improving patient outcomes through better management and early detection of health issues.

Restraint Factor for the Medical Device Technologies Market

High Costs Associated with the Devices Will Limit Market Growth

The medical device technologies market faces a significant restraint due to the high costs associated with the devices. Advanced medical devices, such as diagnostic equipment, surgical instruments, and implantable devices, often require substantial investment in research, development, and regulatory compliance. The high manufacturing costs are passed on to consumers, making these technologies less affordable, especially in emerging markets. Additionally, the cost of maintaining and updating these devices, along with the need for specialized training, further compounds the financial burden for healthcare providers, limiting market adoption...

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.

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.

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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.
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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 the integration of advanced medical d