Over the last two observations, the revenue is forecast to significantly increase in all segments. As part of the positive trend, the revenue reaches the maximum value for all six different segments at the end of the comparison period. Particularly noteworthy is the segment Other Medical Devices, which has the highest value of 188.36 billion U.S. dollars.
Data provided by Statista Market Insights are estimates.
Definition: 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.
Additional information: Market values represent revenues paid to primary vendors at manufacturer price level either directly or through distribution channels (excluding VAT). Reported market revenues include spending by consumers (B2C), enterprises (B2B) as well as governments (B2G). Revenues are allocated to the country where the money is spent.
Company examples: Medtronic, Johnson & Johnson, Siemens Healthineers.
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Statista Market Insights. (August 29, 2024). Revenue in the Medical Devices market for different segments Worldwide from 2017 to 2029 (in billion U.S. dollars) [Graph]. In Statista. Retrieved November 05, 2024, from https://www.statista.com/forecasts/1441828/revenue-medical-devices-market-for-different-segments-worldwide
Statista Market Insights. "Revenue in the Medical Devices market for different segments Worldwide from 2017 to 2029 (in billion U.S. dollars)." Chart. August 29, 2024. Statista. Accessed November 05, 2024. https://www.statista.com/forecasts/1441828/revenue-medical-devices-market-for-different-segments-worldwide
Statista Market Insights. (2024). Revenue in the Medical Devices market for different segments Worldwide from 2017 to 2029 (in billion U.S. dollars). Statista. Statista Inc.. Accessed: November 05, 2024. https://www.statista.com/forecasts/1441828/revenue-medical-devices-market-for-different-segments-worldwide
Statista Market Insights. "Revenue in The Medical Devices Market for Different Segments Worldwide from 2017 to 2029 (in Billion U.S. Dollars)." Statista, Statista Inc., 29 Aug 2024, https://www.statista.com/forecasts/1441828/revenue-medical-devices-market-for-different-segments-worldwide
Statista Market Insights, Revenue in the Medical Devices market for different segments Worldwide from 2017 to 2029 (in billion U.S. dollars) Statista, https://www.statista.com/forecasts/1441828/revenue-medical-devices-market-for-different-segments-worldwide (last visited November 05, 2024)
Revenue in the Medical Devices market for different segments Worldwide from 2017 to 2029 (in billion U.S. dollars) [Graph], Statista Market Insights, August 29, 2024. [Online]. Available: https://www.statista.com/forecasts/1441828/revenue-medical-devices-market-for-different-segments-worldwide