Medical Devices Market Research Reports & Industry Analysis
The medical device market is not even half as large as the global pharmaceutical market, though it sees many more transactions. This is due to pricing, because in volume terms more units sold and more patients are impacted by the device market. Although the largest component of the market is in the United States, the majority of sales are non-US, and growth is occurring in other markets.
Medical devices are typically classified into three classes: Class I, II and III based on the risk associated with them. These classifications signify the level of control required to ensure the safety and effectiveness of the device. Consequently, manufacturers of the different classes need to adhere to different levels of regulations and norms, i.e., stringent regulations for higher class of medical devices.
Class I is the least risk. This class includes medical devices that pose minimum risk to a patient and are simpler in design as compared to Class II and Class III medical devices This classification was originally provided by the US Food and Drug Administration (US FDA), and similar classifications are followed by major Asian countries such as Japan and China. Class III requires the highest level of safety and effectiveness assurance as the potential threat to the patient is highest in their case.
Medical Devices Industry Research & Market Reports
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Surgical and Medical Instrument Manufacturing - 2025 U.S. Market Research Report with Updated Tariffs Impact
... Kentley Insights report is packed with insightful data sets and forecasts to give you a comprehensive understanding of the industry including historical and forecasted industry size, growth, product line breakdown, profitability, financial ratios, 31 balance ... Read More
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Medical Equipment & Supply Wholesalers
... Patterson Companies (all based in the US), along with EBOS Group (Australia), OneMed (Sweden), and Yamashita Medical Instruments (Japan). COMPETITIVE LANDSCAPE Pressure to control health care expenditures is intensifying price negotiations for wholesalers and prompting ... Read More
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Stretcher Chairs
... CAGR of 4.0% over the analysis period 2024-2030. General Stretcher Chair, one of the segments analyzed in the report, is expected to record a 4.1% CAGR and reach US$232.2 Million by the end of the ... Read More
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Batteries in Medical Equipment and Devices
... reach US$4.5 Billion by 2030, growing at a CAGR of 6.8% over the analysis period 2024-2030. Lithium Batteries, one of the segments analyzed in the report, is expected to record a 8.2% CAGR and reach ... Read More
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Breast Pumps
... CAGR of 9.7% over the analysis period 2024-2030. Battery Powered Breast Pumps, one of the segments analyzed in the report, is expected to record a 8.8% CAGR and reach US$3.9 Billion by the end of ... Read More
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Electrodes for Medical Devices
... 2030, growing at a CAGR of 3.8% over the analysis period 2024-2030. ECG Electrodes, one of the segments analyzed in the report, is expected to record a 4.4% CAGR and reach US$502.9 Million by the ... Read More
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Bariatric (Obesity) Surgical Devices
... 2030, growing at a CAGR of 8.4% over the analysis period 2024-2030. Sleeve Gastrectomy, one of the segments analyzed in the report, is expected to record a 11.4% CAGR and reach US$3.6 Billion by the ... Read More
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Medical Plastics
... CAGR of 6.3% over the analysis period 2024-2030. Engineering Plastics, one of the segments analyzed in the report, is expected to record a 9.1% CAGR and reach US$6.3 Billion by the end of the analysis ... Read More
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Calibration Services
... CAGR of 5.6% over the analysis period 2024-2030. Electrical Calibration Services, one of the segments analyzed in the report, is expected to record a 6.5% CAGR and reach US$4.2 Billion by the end of the ... Read More
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Trauma Devices
... CAGR of 5.4% over the analysis period 2024-2030. Internal Fixators, one of the segments analyzed in the report, is expected to record a 5.1% CAGR and reach US$14.9 Billion by the end of the analysis ... Read More
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Hernia Repair Devices
... at a CAGR of 4.9% over the analysis period 2024-2030. Hernia Mesh, one of the segments analyzed in the report, is expected to record a 4.3% CAGR and reach US$3.8 Billion by the end of ... Read More
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Bone Densitometers
... CAGR of 5.6% over the analysis period 2024-2030. Axial Bone Densitometers, one of the segments analyzed in the report, is expected to record a 6.6% CAGR and reach US$264.5 Million by the end of the ... Read More
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Medical Laser Systems
... at a CAGR of 9.7% over the analysis period 2024-2030. Diode Laser Systems, one of the segments analyzed in the report, is expected to record a 10.2% CAGR and reach US$1.6 Billion by the end ... Read More
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Freeze Drying Equipment
... at a CAGR of 5.1% over the analysis period 2024-2030. Tray-Style Freeze Dryers, one of the segments analyzed in the report, is expected to record a 5.3% CAGR and reach US$5.6 Billion by the end ... Read More
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Microscopes
... 5.0% over the analysis period 2024-2030. Optical Microscopes, one of the segments analyzed in the report, is expected to record a 5.0% CAGR and reach US$3.9 Billion by the end of the analysis period. Growth ... Read More
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Carbon Dioxide Incubators
... at a CAGR of 5.1% over the analysis period 2024-2030. Water Jacketed Incubators, one of the segments analyzed in the report, is expected to record a 3.7% CAGR and reach US$197.7 Million by the end ... Read More
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Kidney Stone Management Devices
... 2030, growing at a CAGR of 4.7% over the analysis period 2024-2030. Ureteroscopy, one of the segments analyzed in the report, is expected to record a 5.4% CAGR and reach US$1.3 Billion by the end ... Read More
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Measurement and Other Scientific Equipment Manufacturing in Australia - Industry Market Research Report
... 2.3% over the five years through 2022-23, hitting an estimated $2.7 billion. This growth has been driven by strong demand from downstream markets. In particular, healthcare, defence and export markets have spurred growth. However, revenue ... Read More
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Medical and Surgical Equipment in Canada: ISIC 3311
... the Medical and Surgical Equipment: ISIC 3311 market at a national level. It provides the latest retail sales data, allowing you to identify the sectors driving growth. It identifies the leading companies, the leading brands ... Read More
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Medical Instrument & Supply Manufacturing in the US - Industry Market Research Report
... declines across the manufacturing sector. The healthcare sector endured uncertainty in 2017 when aspects of the Patient Protection and Affordable Care Act (PPACA) were repealed and health insurance enrollment fell. In 2020, the COVID-19 pandemic ... Read More
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Medical and Surgical Equipment in Italy: ISIC 3311
... the Medical and Surgical Equipment: ISIC 3311 market at a national level. It provides the latest retail sales data, allowing you to identify the sectors driving growth. It identifies the leading companies, the leading brands ... Read More
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Medical and Surgical Equipment in the US: ISIC 3311
... of the Medical and Surgical Equipment: ISIC 3311 market at a national level. It provides the latest retail sales data, allowing you to identify the sectors driving growth. It identifies the leading companies, the leading ... Read More
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Medical and Scientific Equipment Wholesaling in Australia - Industry Market Research Report
... recent years. Australia's ageing population and the COVID-19 pandemic have pushed an increase in government funding for healthcare. Compounded by growing admission rates in private and public hospitals, demand for various medical and surgical equipment ... Read More
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Medical and Surgical Equipment in the United Kingdom: ISIC 3311
... of the Medical and Surgical Equipment: ISIC 3311 market at a national level. It provides the latest retail sales data, allowing you to identify the sectors driving growth. It identifies the leading companies, the leading ... Read More
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Surgical and Medical Instrument Manufacturing - 2024 U.S. Market Research Report with Updated Recession Risk Forecasts
... of the industry in the United States with over 100 data sets covering 2015-2028. This 63-page Kentley Insights report is packed with insightful data sets and forecasts to give you a comprehensive understanding of the ... Read More
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