This statistic displays the amount spent worldwide on research and development in medtech between 2011 and 2024, as a percentage of medtech revenue. In 2017, 7.1 percent of total global medical technology revenue were spent on R&D in medtech. Medical technology is used for diagnosis, monitoring, or treatment of diseases or medical conditions.
Worldwide medtech research and development spending as percent of medtech revenue from 2011 to 2024
Statistic is based on the top 300 medtech companies. R&D spend in 2017 based on company reported data. Forecast medtech R&D spend based on a consensus of leading equity analysts’ estimates for company level R&D spend, extrapolated to medtech R&D when a company has non-medtech R&D activity.
Medtech R&D is not disclosed by a number of companies and this analysis is limited to those companies with sufficient disclosure.
* Forecast.
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Evaluate. (September 28, 2018). Worldwide medtech research and development spending as percent of medtech revenue from 2011 to 2024 [Graph]. In Statista. Retrieved November 23, 2024, from https://www.statista.com/statistics/309305/worldwide-medtech-research-and-development-spending-as-percent-of-revenue/
Evaluate. "Worldwide medtech research and development spending as percent of medtech revenue from 2011 to 2024." Chart. September 28, 2018. Statista. Accessed November 23, 2024. https://www.statista.com/statistics/309305/worldwide-medtech-research-and-development-spending-as-percent-of-revenue/
Evaluate. (2018). Worldwide medtech research and development spending as percent of medtech revenue from 2011 to 2024. Statista. Statista Inc.. Accessed: November 23, 2024. https://www.statista.com/statistics/309305/worldwide-medtech-research-and-development-spending-as-percent-of-revenue/
Evaluate. "Worldwide Medtech Research and Development Spending as Percent of Medtech Revenue from 2011 to 2024." Statista, Statista Inc., 28 Sep 2018, https://www.statista.com/statistics/309305/worldwide-medtech-research-and-development-spending-as-percent-of-revenue/
Evaluate, Worldwide medtech research and development spending as percent of medtech revenue from 2011 to 2024 Statista, https://www.statista.com/statistics/309305/worldwide-medtech-research-and-development-spending-as-percent-of-revenue/ (last visited November 23, 2024)
Worldwide medtech research and development spending as percent of medtech revenue from 2011 to 2024 [Graph], Evaluate, September 28, 2018. [Online]. Available: https://www.statista.com/statistics/309305/worldwide-medtech-research-and-development-spending-as-percent-of-revenue/
