Growth rate in research and development spending in global medtech 2012-2024

Published by
Conor Stewart,
Nov 9, 2024
This statistic depicts the growth rate in worldwide research and development spending in medical technology between 2012 and 2024. Between year-end 2012 and year-end 2013, research and development spending increased by 3.4 percent.

Worldwide research and development spending growth rate in medical technology from 2012 to 2024

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Release date

September 2018

Region

Worldwide

Survey time period

2012 to 2018

Supplementary notes

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.
* From 2018 on projected.

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