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PUBLISHER: BCC Research | PRODUCT CODE: 2029039
PUBLISHER: BCC Research | PRODUCT CODE: 2029039
2025 Medical Devices Research Review
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The global market for smart medical devices was valued at $87.7 billion in 2025 and is estimated to reach $193.3 billion by 2030, at a compound annual growth rate (CAGR) of 17.1% from 2025 through 2030.
The global market for vision care was valued at $75.1 billion in 2025 and is estimated to reach $98 billion by 2030, at a CAGR of 5.5% from 2025 through 2030.
The global market for contract manufacturing of medical devices was valued at $96.4 billion in 2025 and is estimated to reach $155.2 billion by 2030, at a CAGR of 10% from 2025 through 2030.
Report Scope
The medical devices industry has grown despite the challenging economic conditions in recent years. The industry draws much attention and scrutiny from the public and government, and is currently undergoing many changes due to increased focus on regulations. These changes can be seen across many countries. The U.S., the largest medical devices market, is leading the trend with changes intended to make healthcare more affordable. Opportunities for the medical devices industry are manifold, with the appearance of new markets located mainly in emerging economies having diverse needs.
Increasing healthcare expenditures and the growth of emerging economies have increased the demand for technologically superior medical devices. Additionally, the introduction of more stringent regulations, specifically in the developed markets of the U.S. and Europe, has forced medical device manufacturers to launch advanced devices that include new materials, a focus on in-depth indications, and the ability to produce additional new data.
Furthermore, technically sophisticated medical devices are needed for clinical research, as the market is highly competitive, and companies must continuously reinvent their product portfolios to enter new markets and place themselves as strong participants in the healthcare system. There is a shift toward a value-based healthcare market where price and purchase decisions are based on outcomes. This has further resulted in increased scrutiny of the technology of devices, and consequently, the degree of competition has risen. Some of the major companies in the medical devices market include Medtronic, Abbott, Johnson & Johnson Services Inc., Siemens Healthineers AG, GE Healthcare, Boston Scientific Corp., BD, Stryker, Cardinal Health, Koninklijke Philips N.V., Danaher Corp., Baxter, B. Braun SE, Alcon Vision LLC., Terumo Corp., and Zimmer Biomet.
The medical devices industry is a multi-billion-dollar industry whose outlook is supposed to rise in the coming years. These devices treat and diagnose many patient conditions and work much better than drugs. Hospital care is growing, and the medical devices industry is being looked at to provide low-cost technology for home healthcare. Now, the industry seeks healthcare medical devices that individuals with unskilled healthcare experience can use. The need for modern technology, equipment, and devices can be leveraged through medical device equipment as manufacturers seek to create better-quality healthcare solutions.
The above reasons are compelling enough to analyze and research the medical devices market, as the market has tremendous growth potential.
Research Reviews from BCC Research provide market professionals with concise market coverage within a specific research category. This 2025 Medical Devices Research Review provides a sampling of the type of quantitative market information, analysis, and guidance that BCC Research has been developing since its inception in 1971 to help its customers make informed business decisions. This Research Review includes highlights and excerpts from the following reports published by BCC Research in 2025:
- MDS005B Global Implantable Remote Patient Monitoring Devices Market
- MDS019B Global Diabetic Care Devices Market
- MDS030B Vision Care: Global Markets
- MDS035B Global Nerve Monitoring Systems Market
- MDS038B Negative Pressure Wound Therapy (NPWT) Devices: Global Markets
- MDS039B Contract Manufacturing of Medical Devices: Global Markets
- MDS066B Smart Medical Devices: Global Markets
- MDS068B Global MedTech Healthcare IT Industry Competitive Landscape Markets
- MDS109A Global Mammography Equipment Market
- MDS110A Pen Needles: Global Markets
- MDS111A Global Smart Orthopedic Implants Market.
After you survey the excerpts in this Research Review, we encourage you to follow up on these topics by checking out the full market research reports associated with each topic. BCC Research looks forward to serving your market intelligence needs in the future.
Product Code: MDS060C
Table of Contents
Chapter 1 Foreword
- Research Review Scope
Chapter 2 Global Implantable Remote Patient Monitoring Devices Market (MDS005B)
- Market Outlook
- Scope of Report
- Market Summary
- Current Market Overview
- Market Dynamics
- Market Driver
- Market Restraint
- Market Opportunity
- Emerging Technologies in the IRPM Devices Market
- Artificial Intelligence and Machine Learning
- IRPM Devices: Global Markets
- Market Analysis by Product
- Implantable Cardiovascular Monitoring Devices
- Implantable Brain Monitoring Devices
- Gastrointestinal Monitoring (Smart Pills)
- Implantable Hematological Monitoring Devices
- Implantable Respiratory Monitoring Devices
- Implantable Musculoskeletal Monitoring Devices
- Others
- Market Analysis by Region
- North America
- Europe
- Asia-Pacific
- Rest of the World
- Sustainability in the IRPM Devices Industry
- Understanding the ESG Data
- Concluding Remarks from BCC
Chapter 3 Global Diabetic Care Devices Market (MDS019B)
- Market Outlook
- Scope of Report
- Market Summary
- Market Overview
- Market Dynamics
- Market Drivers
- Market Challenges
- Market Opportunities
- Global Market for Diabetes Monitoring Devices, by Type
- Self-Monitoring Blood Glucose (SMBG) Devices
- Continuous Glucose Monitoring (CGM) Systems
- Global Market for Diabetes Monitoring Devices, by Region
- North America
- Europe
- Asia-Pacific
- South America
- Rest of the World
- Sustainability in Diabetic Care Devices Market: An ESG Perspective
- Introduction to ESG
- ESG Performance Analysis
- Concluding Remarks from BCC Research
Chapter 4 Vision Care: Global Markets (MDS030B)
- Market Outlook
- Scope of Report
- Market Summary
- Market Dynamics and Growth Factors
- Emerging Technologies
- Segmental Analysis
- Regional Analysis
- Conclusion
- Market Overview
- Market Dynamics
- Market Drivers
- Market Restraints
- Market Opportunities
- Emerging Trends
- Global Vision Care, by Product Type
- Key Takeaways
- Eyeglass Lenses
- Contact Lenses
- Intraocular Lenses (IOLs)
- Others
- Geographic Breakdown
- Key Takeaways
- North America
- Europe
- APAC
- Middle East and Africa (MEA)
- South America
- Sustainability in Vision Care: ESG Perspective
- Understanding the ESG Data
- Concluding Remarks from BCC
Chapter 5 Global Nerve Monitoring Systems Market (MDS035B)
- Market Outlook
- Scope of Report
- Market Summary
- Market Dynamics and Growth Factors
- Emerging Technologies
- Segmental Analysis
- Regional Analysis
- Conclusion
- Current Market Overview
- Future Outlook
- Market Dynamics
- Market Drivers
- Market Restraints
- Market Opportunities
- Emerging Trends/Technologies
- Global Nerve Monitoring Systems Market, by Product Type
- Key Takeaways
- Nerve Monitors
- Nerve Electrodes
- Accessories
- Global Nerve Monitoring Systems Market, by Technology
- Key Takeaways
- Electroencephalography (EEG)
- Electromyography (EMG)
- Evoked Potential (EP)
- Electrocorticography (ECoG)
- Global Nerve Monitoring Systems Market, by Region
- Key Takeaways
- North America
- Europe
- Asia-Pacific
- Middle East and Africa (MEA)
- South America
- Sustainability in Nerve Monitoring Systems: ESG Perspective
- Introduction to ESG
- Concluding Remarks
Chapter 6 Negative Pressure Wound Therapy (NPWT) Devices: Global Markets (MDS038B)
- Market Outlook
- Scope of Report
- Market Summary
- Market Dynamics and Growth Factors
- Emerging Technologies
- Segmental Analysis
- Regional Analysis
- Conclusion
- Current Market Overview
- Future Outlook
- Market Dynamics
- Market Drivers
- Market Restraints
- Market Opportunities
- Emerging Trends/Technologies
- Global Negative Pressure Wound Therapy (NPWT) Devices Market, by Product Type
- Key Takeaways
- Reusable NPWT devices
- Single-Use NPWT Devices
- Global Negative Pressure Wound Therapy (NPWT) Devices Market, by Region
- Key Takeaways
- North America
- Europe
- Asia-Pacific
- Middle East and Africa (MEA)
- South America
- Sustainability in Negative Pressure Wound Therapy (NPWT) Devices: ESG Perspective
- Introduction to ESG
- Concluding Remarks
Chapter 7 Contract Manufacturing of Medical Devices: Global Markets (MDS039B)
- Market Outlook
- Scope of Report
- Market Summary
- Market Dynamics
- Emerging Technologies
- Segmental Analysis
- Regional Analysis
- Conclusion
- Market Overview
- Market Dynamics
- Market Drivers
- Market Restraints
- Market Opportunities
- Emerging Trends
- Market Breakdown by Type of Service
- Takeaways
- Device Development and Manufacturing
- Quality Management Services
- Device Assembly Services
- Market Breakdown by Type of Device
- Takeaways
- IVD Devices
- Diagnostic Devices
- Drug Delivery Devices
- Surgical Instruments
- Patient Monitoring Devices
- Other Types of Devices
- Market Breakdown by Region
- Takeaways
- North America
- Europe
- Asia-Pacific
- South America
- Middle East and Africa
- Sustainability in Contract Manufacturing of Medical Devices Industry: ESG Perspective
- Introduction to ESG
- Sustainable Medical Device Manufacturing
- Green Design
- Energy and Process Efficiency
- Eco-Friendly Packaging
- Supply Chain and Circularity
- ESG Risk Ratings
- Concluding Remarks from BCC Research
Chapter 8 Smart Medical Devices: Global Markets (MDS066B)
- Market Outlook
- Scope of Report
- Market Summary
- Market Dynamics, Growth Factors and Challenges
- Emerging Technologies
- Segmental Analysis
- Regional Analysis
- Conclusion
- Overview and Market Definition
- Future Outlook
- Market Dynamics
- Market Drivers
- Market Restraints
- Market Opportunities
- Emerging Technologies
- Global Smart Medical Devices Market, by Product Type
- Key Takeaways
- Implantable Medical Devices
- Wearable Smart Medical Devices
- Non-Wearable Smart Medical Devices
- Global Smart Medical Devices Market, by Region
- Key Takeaways
- North America
- Europe
- Asia-Pacific
- Middle East and Africa
- South America
- Sustainability in Smart Medical Devices Market: ESG Perspective
- Introduction to ESG in the Smart Medical Devices Industry
- ESG Risk Ratings Analysis
- Concluding Remarks from BCC Research
Chapter 9 Global MedTech Healthcare IT Industry Competitive Landscape Markets(MDS068B)
- Market Outlook
- Scope of Report
- Overview and Market Definition
- Future Perspectives
- Regulatory Framework
- United States
- EU
- Japan
- Rest of Asia
- Regulations for Healthcare IT
- Emerging Technologies
- Blockchain for Data Security
- Sustainability in the MedTech Healthcare IT Industry: ESG Perspective
- Introduction to ESG
- Understanding the ESG Data
- ESG Performance Analysis
- Environmental Performance
- Social Performance
- Governance Performance
- Concluding Remarks from BCC
Chapter 10 Global Mammography Equipment Market (MDS109A)
- Market Outlook
- Scope of Report
- Market Summary
- Market Dynamics and Growth Factors
- Emerging Technologies
- Segmental Analysis
- Regional Analysis
- Conclusion
- Market Overview
- Market Dynamics
- Market Drivers
- Market Restraints
- Market Opportunities
- Market Challenges
- Emerging Technologies
- Market Breakdown by Product Type
- Takeaways
- Analog Mammography Systems and Accessories
- Digital Mammography Systems
- Portable and Mobile Mammography Systems
- Others
- Market Breakdown by Region
- Takeaways
- North America
- Europe
- Asia-Pacific
- South America
- Middle East and Africa
- ESG Perspective
- Introduction to ESG
- ESG Sustainability, by Mammography Equipment Manufacturer
- ESG Risk Ratings
- Concluding Remarks from BCC
Chapter 11 Pen Needles: Global Markets (MDS110A)
- Market Outlook
- Scope of Report
- Market Summary
- Emerging Technologies
- Market Dynamics and Growth Factors
- Segmental Analysis
- Regional Analysis
- Conclusion
- Current Market Overview
- Future Outlook
- Market Dynamics
- Market Drivers
- Market Restraints
- Market Opportunities
- Emerging Technologies for Pen Needles
- Global Pen Needle Market
- Key Takeaways
- 8 mm
- 5 mm
- 4-mm
- Others (6 mm, 10 mm, 12 mm)
- Global Pen Needle Market, by Region
- Key Takeaways
- North America
- Europe
- Asia-Pacific
- MEA
- South America
- Sustainability: An ESG Perspective in Pen Needles
- Introduction to ESG
- ESG Risk Ratings
- Concluding Remarks from BCC
Chapter 12 Global Smart Orthopedic Implants Market (MDS111A)
- Market Outlook
- Scope of Report
- Market Summary
- Market Dynamics and Growth Factors
- Emerging Technologies
- Segmental Analysis
- Regional Analysis
- Conclusion
- Current Market Overview
- Future Outlook
- Market Dynamics
- Market Drivers
- Market Restraints
- Market Opportunities
- Emerging Trends/Technologies for Smart Orthopedic Implants
- IoT-Enabled Sensors
- Global Smart Orthopedic Implant Market, by Procedure Type
- Takeaways
- Total Joint Replacements
- Partial Joint Replacements
- Other Procedures
- Global Market for Smart Orthopedic Implants, by Region
- Takeaways
- North America
- Europe
- Asia-Pacific
- Middle East and Africa
- South America
- Sustainability in Smart Orthopedic Implants: ESG Perspective
- Introduction to ESG
- Understanding the ESG Data
- Concluding Remarks
Chapter 13 Appendix
- Research Methodology
- Analyst's Credentials
Product Code: MDS060C
List of Tables
- Table 1 : Global Market for Implantable Remote Patient Monitoring Devices, Through 2029
- Table 2 : Global Market for IRPM Devices, Through 2029
- Table 3 : Global Market for IRPM Devices, by Product, Through 2029
- Table 4 : Smart Pills
- Table 5 : Global Market for IRPM Devices, by Region, Through 2029
- Table 6 : ESG Rankings for Major IRPM Devices Companies, 2024*
- Table 7 : Global Market for Diabetes Monitoring Devices, by Product Type, Through 2029
- Table 8 : Diabetes Cases, by Country, 2021
- Table 9 : Global Market for Diabetes Monitoring Devices, by Type, Through 2029
- Table 10 : Global Market for Diabetes Monitoring Devices, by Region, Through 2029
- Table 11 : RoW Market for Diabetes Monitoring Devices, Through 2029
- Table 12 : ESG: Environmental Performance
- Table 13 : ESG: Social Impact
- Table 14 : ESG: Governance Impact
- Table 15 : Global Market for Vision Care, by Region, Through 2030
- Table 16 : Global Market for Vision Care, by Product Type, Through 2030
- Table 17 : Global Market for Vision Care, by Region, Through 2030
- Table 18 : ESG Rankings for Major Vision Care Companies, 2024*
- Table 19 : Global Market for Nerve Monitoring Systems, by Region, Through 2030
- Table 20 : Global Market for Nerve Monitoring Systems, by Product Type, Through 2030
- Table 21 : Global Market for Nerve Monitoring Systems, by Technology, Through 2030
- Table 22 : Global Market for Nerve Monitoring Systems, by Region, Through 2030
- Table 23 : Global Market for NPWT Devices, by Region, Through 2030
- Table 24 : Surgical Procedures and Surgical Site Infections, by Country
- Table 25 : Global Market for NPWT Devices, by Product Type, Through 2030
- Table 26 : Global Market for Reusable NPWT Devices, by Region, Through 2030
- Table 27 : Global Market for Single-use NPWT Devices, by Region, Through 2030
- Table 28 : Global Market for NPWT Devices, by Region, Through 2030
- Table 29 : Global Market for Contract Manufacturing of Medical Devices, by Region, Through 2030
- Table 30 : Healthcare Spending as a Percentage of GDP, by Country, 2017-2023
- Table 31 : Global Market for Contract Manufacturing of Medical Devices, by Type of Service, Through 2030
- Table 32 : Global Market for Contract Medical Device Development and Manufacturing, by Region, Through 2030
- Table 33 : Global Market for QMS in Contract Manufacturing of Medical Devices, by Region, Through 2030
- Table 34 : Global Market for Device Assembly Services, by Region, Through 2030
- Table 35 : Global Market for Contract Manufacturing of Medical Devices, by Type of Device, Through 2030
- Table 36 : Global Market for Contract Manufacturing of Medical Devices, by Region, Through 2030
- Table 37 : ESG Risk Rankings for Contract Manufacturers of Medical Devices, 2025*
- Table 38 : Global Market for Smart Medical Devices, by Region, Through 2030
- Table 39 : Global Market for Smart Medical Devices, by Product Type, Through 2030
- Table 40 : Global Market for Implantable Smart Medical Devices, by Region, Through 2030
- Table 41 : Global Market for Wearable Smart Medical Devices, by Region, Through 2030
- Table 42 : Global Market for Non-Wearable Smart Medical Devices, by Region, Through 2030
- Table 43 : Global Market for Smart Medical Devices, by Region, Through 2030
- Table 44 : ESG Rankings for Major Smart Medical Devices Companies, Through March 2025
- Table 45 : ESG Rankings of Medical Device Companies, 2025*
- Table 46 : ESG: Environmental Performance in MedTech and Healthcare IT Industry
- Table 47 : ESG: Social Performance in the MedTech and Healthcare IT Industry
- Table 48 : ESG: Governance Performance in the MedTech and Healthcare IT Industry
- Table 49 : Global Market for Mammography Equipment, by Region, Through 2030
- Table 50 : Achievements in Mammography Over Time
- Table 51 : Absolute Numbers of Cancer Incidence and Mortality, 2022
- Table 52 : Global Market for Mammography Equipment, by Product Type, Through 2030
- Table 53 : FDA-Approved DBT Systems in the U.S.
- Table 54 : Global Market for Mammography Equipment, by Region, Through 2030
- Table 55 : North American Incidence and Death Rate per 100,000 Standard Population, 2022
- Table 56 : Projection of Changes in Breast Cancer Incidence and Mortality , 2020 vs. 2030(Number/%)
- Table 57 : Types of Sustainable Practices in the Mammography Equipment Market
- Table 58 : ESG Highlights, by Company, 2023
- Table 59 : ESG Rankings for Mammography Equipment Product Manufacturers, 2024
- Table 60 : Global Market for Pen Needles, by Region, Through 2030
- Table 61 : Global Market for Pen Needles, by Type, Through 2030
- Table 62 : Global Market for Pen Needles, by Length, Through 2030
- Table 63 : Global Market for Pen Needles, by Region, Through 2030
- Table 64 : ESG Rankings for Major Pen Needles Companies, 2025*
- Table 65 : Global Market for Smart Orthopedic Implants, by Region, Through 2030
- Table 66 : Global Market for Smart Orthopedic Implants, by Procedure Type, Through 2030
- Table 67 : Global Market for Smart Orthopedic Implants in Total Joint Replacements, by Region, Through 2030
- Table 68 : Global Market for Smart Orthopedic Implants in Partial Joint Replacements, by Region, Through 2030
- Table 69 : Global Market for Smart Orthopedic Implants Used in Other Procedures, by Region, Through 2030
- Table 70 : Global Market for Smart Orthopedic Implants, by Region, Through 2030
- Table 71 : ESG Rankings for Smart Orthopedic Implant Companies, 2025*
List of Figures
- Figure 1 : Share of Global Market for IRPM Devices, by Product, 2023
- Figure 2 : Share of Global Market for IRPM Devices, by Region, 2023
- Figure 3 : Key ESG Metrics for Companies in the IRPM Devices Industry
- Figure 4 : Share of Global Market for Diabetes Monitoring Devices, by Product Type, 2023
- Figure 5 : Worldwide Diabetes Cases
- Figure 6 : Share of Global Market for Diabetes Monitoring Devices, by Type, 2023
- Figure 7 : Share of Global Market for Diabetes Monitoring Devices, by Region, 2023
- Figure 8 : Three Pillars of ESG
- Figure 9 : Advantages of ESG for Companies
- Figure 10 : Global Market Shares of Vision Care, by Region, 2024
- Figure 11 : Global Market Shares of Vision Care, by Product Type, 2024
- Figure 12 : Global Market Shares of Vision Care, by Region, 2024
- Figure 13 : Key ESG Metrics for Companies in the Vision Care Industry
- Figure 14 : Global Market Shares for Nerve Monitoring Systems, by Region, 2024
- Figure 15 : Global Market Shares for Nerve Monitoring Systems, by Product Type, 2024
- Figure 16 : Global Market Shares for Nerve Monitoring Systems, by Technology, 2024
- Figure 17 : Global Market Shares for Nerve Monitoring Systems, by Region, 2024
- Figure 18 : Key ESG Metrics for Companies in the Nerve Monitoring Systems Industry
- Figure 19 : Global Market Shares for NPWT Devices, by Region, 2024
- Figure 20 : Global Market Shares for NPWT Devices, by Product Type, 2024
- Figure 21 : Global Market Shares for Reusable NPWT Devices, by Region, 2024
- Figure 22 : Global Market Shares for Single-use NPWT Devices, by Region, 2024
- Figure 23 : Global Market Shares for NPWT Devices, by Region, 2024
- Figure 24 : Key ESG Metrics for Companies in the Negative Pressure Wound Therapy Devices Industry
- Figure 25 : Global Market Shares of Contract Manufacturing of Medical Devices, by Region, 2024
- Figure 26 : Global Market Shares of Contract Manufacturing of Medical Devices, by Type of Service, 2024
- Figure 27 : Global Market Shares of Contract Medical Device Development and Manufacturing, by Region, 2024
- Figure 28 : Global Market Shares of QMS in Contract Manufacturing of Medical Devices, by Region, 2024
- Figure 29 : Global Market Shares of Device Assembly Services, by Region, 2024
- Figure 30 : Global Market Shares of Contract Manufacturing of Medical Devices, by Type of Device, 2024
- Figure 31 : Global Market Shares of Contract Manufacturing of Medical Devices, by Region, 2024
- Figure 32 : Global Market Shares of Smart Medical Devices, by Region, 2024
- Figure 33 : Global Market Shares of Smart Medical Devices, by Product Type, 2024
- Figure 34 : Global Market Shares of Implantable Smart Medical Devices, by Region, 2024
- Figure 35 : Global Market Shares of Wearable Smart Medical Devices, by Region, 2024
- Figure 36 : Global Market Shares of Non-Wearable Smart Medical Devices, by Region, 2024
- Figure 37 : Global Market Shares of Smart Medical Devices, by Region, 2024
- Figure 38 : Key ESG Metrics for Companies in the Smart Medical Devices Industry
- Figure 39 : ESG Metrics of the Medical Device Industry
- Figure 40 : Global Market Shares of Mammography Equipment, by Region, 2024
- Figure 41 : Global Market Shares of Mammography Equipment, by Product Type, 2024
- Figure 42 : Global Market Shares of Mammography Equipment, by Region, 2024
- Figure 43 : Global Market Shares of Pen Needles, by Region, 2024
- Figure 44 : Global Market Shares of Pen Needles, by Type, 2024
- Figure 45 : Global Market Shares of Pen Needles, by Length, 2024
- Figure 46 : Global Market Shares of Pen Needles, by Region, 2024
- Figure 47 : Key ESG Metrics of Pen Needle Industry Companies
- Figure 48 : Global Market Shares for Smart Orthopedic Implants, by Region, 2024
- Figure 49 : Global Market Shares for Smart Orthopedic Implants, by Procedure Type, 2024
- Figure 50 : Global Market Shares for Smart Orthopedic Implants in Total Joint Replacements, by Region, 2024
- Figure 51 : Global Market Shares for Smart Orthopedic Implants in Partial Joint Replacements, by Region, 2024
- Figure 52 : Global Market Shares for Smart Orthopedic Implants Used in Other Procedures, by Region, 2024
- Figure 53 : Global Market Shares for Smart Orthopedic Implants, by Region, 2024
- Figure 54 : ESG Metrics for Companies in the Smart Orthopedic Implant Industry
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