According to a market report by Lucintel, the future of the global medical device market looks promising with opportunities in the surgical & infection control device, general medical devices, cardiovascular device, orthopedic device, and home healthcare device markets. The global medical device market is expected to reach an estimated $607 billion by 2035 with a CAGR of 2.9% from 2026 to 2035. The major drivers for this market are the growing use of wearable & remote monitoring devices, the rising need of awareness about early disease diagnosis treatment, and the increasing government support & favorable healthcare regulations.
A more
than 150-page report to understand trends, opportunity and forecast in global medical
device market to 2035 by function (diagnostic & monitoring, therapeutic,
surgical, and others), application (surgical & infection control devices,
general medical devices, cardiovascular devices, orthopedic devices, home
healthcare devices, and others), end use (homecare medical devices and hospital
& ambulatory care medical devices), and region (North America, Europe, Asia
Pacific, and the Rest of the World).
Lucintel
forecasts that, within the function category, diagnostic & monitoring is
expected to witness the highest growth over the forecast period.
Within the
application category, cardiovascular device is expected to witness the highest
growth.
Download
sample by clicking on medical device
market.
In terms
of region, APAC is expected to witness the highest growth over the forecast
period.
Medtronic,
Johnson & Johnson, GE Healthcare, Siemens, Cardinal Health are the major
suppliers in the medical device
market.
This unique research
report will enable you to make confident business decisions in this globally
competitive marketplace. For a detailed table of contents, contact Lucintel at
+1-972-636-5056 or write us at helpdesk@lucintel.com. To get access of more than 1000 reports at fraction of cost
visit Lucintel's Analytics
Dashboard.
About Lucintel
At Lucintel, we offer solutions for
you growth through game changer ideas and robust market &
unmet needs analysis. We are based in
Dallas, TX and have been a trusted advisor for 1,000+ clients for over 20
years. We are quoted in several publications like the Wall Street Journal,
ZACKS, and the Financial Times.
Contact:
Roy Almaguer
Lucintel
Dallas, Texas, USA
Email: roy.almaguer@lucintel.com
Tel. +1-972-636-5056
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