In 2023, cardiology devices generated a revenue of almost 24 billion U.S. dollars in the United States, making it the medical device category with the largest revenue. In this year, orthopedic devices had a revenue of over 15.3 billion U.S. dollars.
Annual medical device market revenue in the United States from 2016 to 2029, by type
(in billion U.S. dollars)
Data provided by Statista Market Insights are estimates.
The Medical Devices market includes instruments and machines helping for the prevention, diagnosis, and treatment of diseases. This market is further broken down into 6 submarkets according to medical specialties or types of application. Medical devices that treat the heart, such as pacemakers, can be found in the Cardiology Devices market. The Diagnostic Imaging market covers machines and instruments for diagnosis of many different kinds of conditions. Devices for orthopedic applications, such as joint implants, are included in the Orthopedic Devices market. Ophthalmic Devices are devices used for conditions related to the eye. The General & Plastic Surgery Devices covers many different products required for surgeries. The Other Medical Devices market provides information on additional areas that are not covered by the main markets.
Profit from the additional features of your individual account
Currently, you are using a shared account. To use individual functions (e.g., mark statistics as favourites, set
statistic alerts) please log in with your personal account.
If you are an admin, please authenticate by logging in again.
Learn more about how Statista can support your business.
Statista. (May 29, 2024). Annual medical device market revenue in the United States from 2016 to 2029, by type (in billion U.S. dollars) [Graph]. In Statista. Retrieved November 23, 2024, from https://www.statista.com/forecasts/1044816/medical-device-manufacturers-market-size-projections-us-by-type
Statista. "Annual medical device market revenue in the United States from 2016 to 2029, by type (in billion U.S. dollars)." Chart. May 29, 2024. Statista. Accessed November 23, 2024. https://www.statista.com/forecasts/1044816/medical-device-manufacturers-market-size-projections-us-by-type
Statista. (2024). Annual medical device market revenue in the United States from 2016 to 2029, by type (in billion U.S. dollars). Statista. Statista Inc.. Accessed: November 23, 2024. https://www.statista.com/forecasts/1044816/medical-device-manufacturers-market-size-projections-us-by-type
Statista. "Annual Medical Device Market Revenue in The United States from 2016 to 2029, by Type (in Billion U.S. Dollars)." Statista, Statista Inc., 29 May 2024, https://www.statista.com/forecasts/1044816/medical-device-manufacturers-market-size-projections-us-by-type
Statista, Annual medical device market revenue in the United States from 2016 to 2029, by type (in billion U.S. dollars) Statista, https://www.statista.com/forecasts/1044816/medical-device-manufacturers-market-size-projections-us-by-type (last visited November 23, 2024)
Annual medical device market revenue in the United States from 2016 to 2029, by type (in billion U.S. dollars) [Graph], Statista, May 29, 2024. [Online]. Available: https://www.statista.com/forecasts/1044816/medical-device-manufacturers-market-size-projections-us-by-type
