Revenue in the medical technology market in Belgium was forecast to continuously increase between 2024 and 2028 by around 0.6 billion Euros, an increase of over 15 percent. By 2028, revenue in the medical technology market was forecast to be almost 4.5 billion euros.
Annual revenue in the medical technology market in Belgium from 2016 to 2028
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Definition: The Medical Technology market covers devices and products used for prevention, diagnosis, and treatment of diseases. Next to pharmaceuticals, they form the most important category of medical products. The most well known medical technology products are, among others, pacemakers, imaging instruments, dialysis machines, and implants.
Structure: The Medical Technology market consists of two markets, In Vitro Diagnostics (IVD) and Medical Devices. The IVD market covers products used for medical laboratory testing of specimens derived from the human body. The Medical Devices market covers a broad range of products which are further marketed into medical specialties or types of application: Cardiology Devices, Diagnostic Imaging Devices, Orthopedic Devices, Ophthalmic Devices, and General & Plastic Surgery Devices. 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, Abbott Laboratories, Siemens Healthineers. Further information on the key players can be found in the Market Shares boxes.
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Statista. (March 18, 2024). Annual revenue in the medical technology market in Belgium from 2016 to 2028 (in billion euros) [Graph]. In Statista. Retrieved July 01, 2024, from https://www.statista.com/forecasts/1456932/medical-technology-revenue-in-belgium-forecast
Statista. "Annual revenue in the medical technology market in Belgium from 2016 to 2028 (in billion euros)." Chart. March 18, 2024. Statista. Accessed July 01, 2024. https://www.statista.com/forecasts/1456932/medical-technology-revenue-in-belgium-forecast
Statista. (2024). Annual revenue in the medical technology market in Belgium from 2016 to 2028 (in billion euros). Statista. Statista Inc.. Accessed: July 01, 2024. https://www.statista.com/forecasts/1456932/medical-technology-revenue-in-belgium-forecast
Statista. "Annual Revenue in The Medical Technology Market in Belgium from 2016 to 2028 (in Billion Euros)." Statista, Statista Inc., 18 Mar 2024, https://www.statista.com/forecasts/1456932/medical-technology-revenue-in-belgium-forecast
Statista, Annual revenue in the medical technology market in Belgium from 2016 to 2028 (in billion euros) Statista, https://www.statista.com/forecasts/1456932/medical-technology-revenue-in-belgium-forecast (last visited July 01, 2024)
Annual revenue in the medical technology market in Belgium from 2016 to 2028 (in billion euros) [Graph], Statista, March 18, 2024. [Online]. Available: https://www.statista.com/forecasts/1456932/medical-technology-revenue-in-belgium-forecast