Press Release

Medical Devices Market 2019 Shows Progressive Expansion at 5.3% CAGR by Top Global Players with Forecast to 2025

Global Medical Devices Market Is Expected To Display High Growth In Forthcoming Period, 2019-2025

The Global Medical Devices Market is anticipated to expand on account of the rising demand for in-vitro diagnostic devices (IVD). As per a report by Fortune Business Insights, among types the IVD segment covered 14.6% of the overall medical devices market in 2017.

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The Global Medical Devices Market Include

  • GE Healthcare
  • DePuy Synthes
  • Ethicon LLC.
  • Baxter International Inc.
  • Medtronic
  • Philips Healthcare

The report is titled “Medical Devices Market Size, Share and Global Trend By Type (Orthopedic Devices, Cardiovascular Devices, Diagnostic Imaging, IVD, MIS, Wound Management, Diabetes Care, Ophthalmic Devices, Dental & Nephrology), End User (Hospitals & Ambulatory Surgical Centers and Clinics) and Geography Forecast till 2025.” IVD devices help to detect diseases and effectively monitor a person’s health to diagnose diseases and prevent them from occurring. These devices efficiently and precisely diagnose diseases such as malaria, diabetes, cancer among others.  As per the World Health Organization (WHO), around 47% of people suffered from new infections of HIV/AIDS in the year 2017. This will further increase demand for in-vitro diagnostic devices in the forthcoming years.

Browse Complete Report Details:

The medical devices market is likely to transform owing to significant advancements in neurology, cardiology, medical imaging, oncology, and orthopaedics. Over the past few years, pacemakers have been undergoing new advancements which include implantation techniques, miniaturization, and long battery life. Similarly, neurology sees significant improvements in advanced brain monitoring devices, which contributes to the growth of the market. Driven by these advancements, the global market is expected to rise at a CAGR of 5.3% between 2017 and 2025. In 2027, the global market was valued at US$ 397.5 Bn and is anticipated to reach US$ 602.1 Bn by 2025.

Key questions answered in the Medical Devices market report:

What will the market growth rate of Medical Devices market in 2025?

What are the key factors driving the Global Medical Devices market?

What are sales, revenue, and price analysis of top manufacturers of Medical Devices market?

Who are the distributors, traders and dealers of Medical Devices market?

Who are the key vendors in Medical Devices market space?

Table of Content:

  1. Introduction

1.1. Research Scope

1.2. Market Segmentation

1.3. Research Methodology

1.4. Definitions and Assumptions

  1. Executive Summary
  2. Market Dynamics

3.1. Market Drivers

3.2. Market Restraints

3.3. Market Opportunities

  1. Key Insights

4.1 Recent industry developments such as mergers & acquisitions

4.2 Overview of healthcare expenditure by key countries

4.3 Technological advancements

4.4 Key industry trends

  1. Global Medical Devices Market Analysis, Insights and Forecast, 2014-2025

5.1. Key Findings / Summary

5.2. Market Analysis, Insights and Forecast – By Type

5.2.1 Orthopedic Devices

5.2.2 Cardiovascular Devices

5.2.3 Diagnostic Imaging

5.2.4 IVD

5.2.5 MIS

5.2.6 Wound Management

5.2.7 Diabetes Care

5.2.8 Ophthalmic Devices

5.2.9 Dental

5.2.10 Nephrology

5.2.11 Others

5.3. Market Analysis, Insights and Forecast – By End-user

5.3.1 Hospitals & Ambulatory Surgical Centers

5.3.2 Clinics

5.3.3 Others

5.4. Market Analysis, Insights and Forecast – By Region

5.4.1 North America

5.4.2 Europe

5.4.3 Asia Pacific

5.4.4 Latin America

5.4.5 Middle East & Africa


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