Report overview
A medical device is any apparatus, appliance, software, material, or other article?whether used alone or in combination, including the software intended by its manufacturer to be used specifically for diagnostic and/or therapeutic purposes and necessary for its proper application.
This report aims to provide a comprehensive presentation of the global market for Medical Devices, with both quantitative and qualitative analysis, to help readers develop business/growth strategies, assess the market competitive situation, analyze their position in the current marketplace, and make informed business decisions regarding Medical Devices. This report contains market size and forecasts of Medical Devices in global, including the following market information:
Global Medical Devices Market Revenue, 2018-2023, 2024-2029, ($ millions)
Global top five companies in 2022 (%)
The global Medical Devices market was valued at US$ 520950 million in 2022 and is projected to reach US$ 731870 million by 2029, at a CAGR of 5.0% during the forecast period. The influence of COVID-19 and the Russia-Ukraine War were considered while estimating market sizes.
North America is the largest sales place, with a sales market share nearly 40% in 2018. Following North America, Europe is the second largest sales place with the sales market share of 28%.
We surveyed the Medical Devices companies, and industry experts on this industry, involving the revenue, demand, product type, recent developments and plans, industry trends, drivers, challenges, obstacles, and potential risks.
Total Market by Segment:
Global Medical Devices Market, by Type, 2018-2023, 2024-2029 ($ millions)
Global Medical Devices Market Segment Percentages, by Type, 2022 (%)
In Vitro Diagnostics
Cardiology
Diagnostic Imaging
Orthopedics
Other
Global Medical Devices Market, by Application, 2018-2023, 2024-2029 ($ millions)
Global Medical Devices Market Segment Percentages, by Application, 2022 (%)
Hospital
Consumer
Global Medical Devices Market, By Region and Country, 2018-2023, 2024-2029 ($ Millions)
Global Medical Devices Market Segment Percentages, By Region and Country, 2022 (%)
North America
US
Canada
Mexico
Europe
Germany
France
U.K.
Italy
Russia
Nordic Countries
Benelux
Rest of Europe
Asia
China
Japan
South Korea
Southeast Asia
India
Rest of Asia
South America
Brazil
Argentina
Rest of South America
Middle East & Africa
Turkey
Israel
Saudi Arabia
UAE
Rest of Middle East & Africa
Competitor Analysis
The report also provides analysis of leading market participants including:
Key companies Medical Devices revenues in global market, 2018-2023 (estimated), ($ millions)
Key companies Medical Devices revenues share in global market, 2022 (%)
Further, the report presents profiles of competitors in the market, key players include:
Medtronic
Johnson & Johnson
GE Healthcare
Abbott
Siemens Healthineers
Philips Health
Stryker
Becton Dickinson
Boston Scientific
Danaher
Zimmer Biomet
Essilor
Novartis
3M Health Care
B. Braun
Olympus
Terumo
Baxter
Smith & Nephew
Dentsply Sirona
Varian Medical Systems
Getinge
Edwards Lifesciences
Outline of Major Chapters:
Chapter 1: Introduces the definition of Medical Devices, market overview.
Chapter 2: Global Medical Devices market size in revenue.
Chapter 3: Detailed analysis of Medical Devices company competitive landscape, revenue and market share, latest development plan, merger, and acquisition information, etc.
Chapter 4: Provides the analysis of various market segments by type, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different market segments.
Chapter 5: Provides the analysis of various market segments by application, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.
Chapter 6: Sales of Medical Devices in regional level and country level. It provides a quantitative analysis of the market size and development potential of each region and its main countries and introduces the market development, future development prospects, market space of each country in the world.
Chapter 7: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product sales, revenue, price, gross margin, product introduction, recent development, etc.
Chapter 8: The main points and conclusions of the report.
