PUBLISHER: BCC Research | PRODUCT CODE: 1121796
PUBLISHER: BCC Research | PRODUCT CODE: 1121796
The global market for medical device technologies was valued at $639.1 billion in 2021 and is estimated to grow from $676.0 billion in 2022 to $953.4 billion in 2027 with a compound annual growth rate (CAGR) of 7.1% for the period of 2022-2027.
The global market for cardiovascular medical devices technologies was valued at $38.9 billion in 2021 and is estimated to grow from $41.7 billion in 2022 to $63.2 billion in 2027 with a CAGR of 8.7%for the period of 2022-2027.
The global market for imaging medical devices technologies was valued at $49.3 billion in 2021 and is estimated to grow from $52.7 billion in 2022 to $78.5 billion in 2027 with a CAGR of 8.3% for the period of 2022-2027.
This report incorporates an in-depth analysis of the medical device technology market, including market estimations and trends through 2020. Major players, competitive intelligence, innovative technologies, market dynamics and regional opportunities are discussed in detail. The report examines recent developments and product portfolios of major players. The patent analysis focuses on technological trends in recent years in regions such as the U.S., Europe and Japan. The report presents a market analysis and estimates the compound annual growth rate (CAGR) for medical device technologies.
The scope of the report extends to only those medical device technologies that generate the most global revenue. Dental device technologies and some imaging devices used in dentistry overlap with other devices that are already covered under the imaging device technologies segments, so these have been excluded.
This report segments the global market by these geographic regions: North America, Europe, Asia-Pacific and the Rest of the World region. For market estimates, data is provided for 2020 as the base year, 2021 and forecast through year-end 2027.